5December MCQ : Current Affairs Quiz 5December 2023
In this article, we will discuss all the important Current Affairs MCQs of 5 December with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 5 December MCQs carefully.
Current Affairs Quiz / 5 December MCQ Current Affairs
5 December Current Affairs MCQ – Questions
1. What is the average monthly GST collection in FY 2023-24?
(a) Rs 1.23 trillion
(b) Rs 1.50 trillion
(c) Rs 1.66 trillion
(d) Rs 1.87 trillion
2. What milestone did Bharti Airtel achieve on December 4, making it the 8th company to do so in India?
(a) Rs.1 lakh crore
(b) Rs.2 lakh crore
(c) Rs.4 lakh crore
(d) Rs.6 lakh crore
3. What is the focus of the Bihar government’s efforts in the field of afforestation, leading to international recognition at COP-28?
(a) Urban Development Initiatives
(b) Water Management Strategies
(c) Renewable Energy Projects
(d) Healthcare Programs
4. How many pending appeals over tax demands are there as of October 31, 2023?
(a) 9,000
(b) 11,899
(c) 14,000
(d) 14,897
5. When was INS Sandhayak launched, and what added significance does the completion have?
(a) Launched on Navy Day; signifies the Indian Navy’s achievements
(b) Launched on Independence Day; marks freedom and naval prowess
(c) Launched on Republic Day; signifies the nation’s dedication to maritime advancements
(d) Launched on Diwali; symbolizes the festival of lights in naval innovation
6. What is the overall youth unemployment rate in urban areas across India in July-September 2023?
(a) 22.9%
(b) 15.5%
(c) 17.3%
(d) 7.1%
7. Which state boasts the lowest urban youth unemployment rate in the specified quarter?
(a) Delhi
(b) Gujarat
(c) Rajasthan
(d) Jammu & Kashmir
8. What is the projected percentage increase in capital expenditure for India’s 18 largest states in FY24, as per the Crisil report?
(a) 10-12%
(b) 15-17%
(c) 18-20%
(d) 22-25%
9. What is S&P Global Ratings’ projection for India’s GDP growth by 2026 compared to China?
(a) 4.6%
(b) 6.4%
(c) 7.0%
(d) 5.4%
10. What is the primary focus of China’s new financial risk management approach at the provincial level?
(a) Uniform Policies
(b) “One Province, One Policy”
(c) Global Strategies
(d) Centralized Decision-Making
11. What is the key region witnessing significant housing demand apart from major cities?
(a) Northern states
(b) Eastern states
(c) Western states
(d) Southern states
12. What did PM Modi announce regarding the Indian Navy’s ranks?
(a) Reduction in naval ranks
(b) Renaming of ranks to reflect Indian culture
(c) Introduction of new uniform designs
(d) Increased salaries for naval officers
13. What is the primary driver of India’s recent economic surge?
(a) Information Technology sector
(b) Manufacturing sector
(c) Agriculture sector
(d) Construction sector
14. Which Indian state reported the highest urban youth unemployment rate in July-September 2023?
(a) Rajasthan
(b) Gujarat
(c) Jammu & Kashmir
(d) Himachal Pradesh
15. What does the Services Purchasing Managers’ Index (PMI) reveal about India’s services sector in November?
(a) Expanded to a record high
(b) Remained unchanged
(c) Experienced a one-year low at 56.9
(d) Contracted for the first time in 28 months
5 December MCQs – Answers
1. (c)
Rs 1.66 trillion. This represents the average monthly GST collection in the fiscal year 2023-24, with a record high of Rs 1.87 trillion in April 2023.
2. (d)
Bharti Airtel became the 8th company in India to surpass the Rs.6 lakh crore market capitalization mark on December 4.
3. (b)
The Bihar government’s afforestation efforts, particularly under the Jal-Jeevan-Hariyali Abhiyan, received praise at COP-28 for its focus on water management and climate resilience.
4. (d)
As of October 31, 2023, there are 14,897 pending appeals over tax demands, reflecting an increase from 11,899 in March 2023.
5. (a)
Launched on Navy Day; signifies the Indian Navy’s achievements. INS Sandhayak was launched on December 5, 2021, and its completion aligns with Navy Day, adding a symbolic touch to the occasion.
6. (c)
The nationwide rate is 17.3%, with 22.9% for females and 15.5% for males in the 15-29 age group.
7. (b)
Gujarat, with an urban youth unemployment rate of 7.1%.
8. (c)
The Crisil report forecasts a substantial 18-20% increase in capital expenditure for these states in the fiscal year 2023-24.
9. (c)
S&P forecasts India’s GDP to reach 7% by 2026.
10. (b)
“One Province, One Policy.” This strategy tailors financial risk management to individual provinces, moving away from a uniform approach to better address regional challenges.
11. (d)
Housing demand has picked up significantly in smaller cities in the southern states of Tamil Nadu, Karnataka, and Gujarat, driven by increases in incomes and worker migration from rural areas.
12. (b)
PM Modi announced the renaming of Indian Navy ranks to eliminate colonial influences and better reflect Indian culture.
13. (d)
The robust growth in the construction sector, expanding by 13.3% in July-September, has significantly contributed to India’s economic surge.
14. (d)
Himachal Pradesh, with an urban youth unemployment rate of 33.9%.
15. (c)
The PMI fell to 56.9, indicating a one-year low, despite maintaining expansion for the 28th consecutive month.
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