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Daily Current Affairs 25 December 2023


1. What does the RBI circular require if an AIF scheme, in which an RE is an investor, makes a downstream investment in a debtor company?

Mandatory liquidation within 30 days

Extension of investment period

Automatic rollover of investments

No action required


2. What is the consequence of non-compliance with the RBI circular's liquidation timeframe?

No consequences

50% provision on investments

100% provision on investments

Warning from RBI


3. What did Amitabh Kant, India's G20 Sherpa, emphasize during the report launch event?

The need for reduced global growth

The critical role of free trade and WTO revitalization

The importance of limiting renewable energy transition

The significance of increasing emissions for economic growth


4. What is the objective of the National Geoscience Data Repository (NGDR) portal?

To restrict access to geological data

To centralize access to geoscientific data for mineral exploration

To limit information sharing in the mining sector

To reduce transparency in the mining industry


5. What was the focus of the interactive panel discussion during the G20 report launch event?

Climate change mitigation

Economic impact of just transition

Global investment in the mining sector

India's commitment to collaborative climate action


6. Who collaborated to publish the G20 report, 'A Green and Sustainable Growth Agenda for the Global Economy'?

NITI Aayog and IDRC

RBI and GDN

Ministry of Environment and GSI

Ministry of Mines and BISAG-N


7. When did the Ministry of Mines organize a roadshow for the first tranche of the auction of Critical and Strategic Minerals?

December 19, 2023

November 30, 2023

January 5, 2024

October 15, 2023


8. How many critical and strategic mineral blocks will be auctioned in the first tranche, according to the Ministry of Mines?

15

25

20

30


9. What is the focus of the recent RBI norms for Regulated Entities (REs)?

Encouraging evergreening of loans

Strengthening investments in AIFs

Preventing evergreening of loans through AIF investments

Increasing direct loan exposure