Daily Current Affairs December 04

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs December 04. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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December 04 | Daily Current Affairs 2023

Important Days – Daily Current Affairs December 04

1. What event does Navy Day commemorate in the history of the Indian Navy?
A) Independence Day
B) Victory Day
C) Republic Day
D) Operation Trident
E) Kargil War Day
Answer: D) Operation Trident

• The Indian Navy celebrates Navy Day on December 4, as remembrance for “Operation Trident” that was launched by the navy against Karachi Harbour during the India-Pakistan war in 1971.
• The operation was started in response to Pakistan’s operation Chengiz Khan which was a preemptive airstrike against the Indian airbase.
• The navy replied through “Operation Trident” and later launched “Operation Cactus” and “Python”.
• Theme: “Operational Efficiency, Readiness, and Mission Accomplishment in the Maritime Domain”.

Celebration of Navy Day:

• PM Modi will witness operational demonstrations by submarines, warships, aircraft and special forces from Tarkali beach.
• He would also unveil the 43-feet-high the 43-feet Chhatrapati Shivaji Maharaj’s statue at Rajkot Fort.

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Sports – Daily Current Affairs December 04

2. At which tournament did Vaishali Rameshbabu achieve her grandmaster title by crossing 2,500 FIDE ranking points?
A) Chess Olympiad
B) World Chess Championship
C) Candidates Tournament
D) IV El Llobregat Open
E) Tata Steel Chess Tournament
Answer: D) IV El Llobregat Open

• Indian chess player Vaishali Rameshbabu earned her grandmaster title by crossing 2,500 International Chess Federation (FIDE) ranking points at the IV El Llobregat Open in Spain.
• She is the third female player to attain the grandmaster title, besides Koneru Humpy and Harika Dronavalli.
• She has now joined the company of over 80 Indian chess players who have been given this title, including legendary Vishwanathan Anand, Humpy, Dronavalli, Dibyendu Barua, Rameshbabu Praggnanandhaa.

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Ranking – Daily Current Affairs December 04

3. Which organization released the “Top 200 Self-made Entrepreneurs of the Millennia 2023” report?
A) Forbes
B) Bloomberg
C) IDFC FIRST Private Hurun India
D) Fortune
E) Economic Times
Answer: C) IDFC FIRST Private Hurun India

• Radhakishan Damani, a stalwart in the world of investment and the founder of the retail giant D-Mart, takes center stage as the frontrunner on the Top 200 Self-made Entrepreneurs of the Millennia 2023.
• This report is released by IDFC FIRST Private Hurun India.
• It unveiled Damani’s remarkable market capitalization of Rs 2.38 lakh crore.
• Eight out of the top 10 most valuable companies founded in the millennium are startups.
• IIT Delhi emerges as the favored undergraduate institution for 38 founders, followed by IIT Mumbai with 24 entrepreneurs and IIT Kharagpur with 20 entrepreneurs.
• Kaivalya Vohra, co-founder of the grocery delivery app Zepto, claiming the title of the youngest entrepreneur.
• Falguni Nayar from Nykaa stands out as the top woman entrepreneur.
• Ghazal Alagh from Mamaearth and Saumya Singh Rathore from Winzo represent the youngest women on the list.
• Hailing from 23 cities across India, the entrepreneurs are predominantly clustered in Bengaluru (129), followed by Mumbai (78), Gurugram, and New Delhi (49).

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Banking and Finance – Daily Current Affairs December 04

4. What is the total cost of the climate change mitigation and adaptation projects signed by ReNew Energy Global and Asian Development Bank?
A) $2 billion
B) $3.5 billion
C) $5 billion
D) $5.3 billion
E) $7 billion
Answer: D) $5.3 billion

• ReNew Energy Global (ReNew) has signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects at a cost of $5.3 billion between 2023 and 2028.
• The MoU was signed at COP28, in Dubai by ReNew Chairman and CEO, Sumant Sinha and ADB Director General Private Sector Operations Department, Suzanne Gaboury.

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5. Which organization has Ujjivan Small Finance Bank (Ujjivan SFB) partnered with for providing access to safe water and sanitation through affordable financing?
A) World Health Organization (WHO)
B) United Nations Children’s Fund (UNICEF)
C) Water.org
D) Greenpeace
E) International Red Cross
Answer: C) Water.org

• Ujjivan Small Finance Bank (Ujjivan SFB) has unveiled a partnership with Water.org, a global non-profit organisation that helps people get access to safe water and sanitation through affordable financing, such as small loans.
• Ujjivan SFB will be offering loans to their customers starting from Rs 6,000 up to Rs 1,00,000 to enable them to construct and/or renovate water and sanitation facilities.
• Ujjivan SFB disbursed over 5,000 Water and Sanitation (Watsan) loans worth Rs 30 crore last year, enabling customers to construct the necessary sanitation facilities in alignment with the Swachh Bharat mission of the Indian government.
• Through this partnership, Ujjivan SFB will further be able to provide safe drinking water and hygienic sanitisation facilities to 65,000 households by providing them with affordable loans over the next 3 years.

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6. What is the name of the credit cards released by HDFC Bank?
A) HDFC Infinity Plus Credit Card and HDFC Infinity Pro Credit Card
B) HDFC Ultra Credit Card and HDFC Elite Credit Card
C) Tata HDFC Platinum Credit Card and Tata HDFC Signature Credit Card
D) Tata Neu HDFC Bank Infinity Credit Card and Tata Neu HDFC Plus Credit Card
E) HDFC Gold Credit Card and HDFC Silver Credit Card
Answer: D) Tata Neu HDFC Bank Infinity Credit Card and Tata Neu HDFC Plus Credit Card

• HDFC has released Tata Neu HDFC Bank Infinity Credit Card and Tata Neu HDFC Plus Credit Card, offering diverse rewards and benefits.
• The card is available in two types: Visa and Rupay.
• Tata brand partners include Tata 1MG, BigBasket, Croma, Air Asia, Tata CLiQ, IHCL, Westside, Qmin, Tata Play, Tata Pay, Titan, Tanishq and Cult.
• Rewards for UPI spend capped at 500 NeuCoins per calendar month.
• Rewards for Insurance spend capped at 2,000 NeuCoins per day.
• The monetary value of 1 Neu Coin = ₹1.
• The NeuCoins are valid for a period of 1 year from the date of the transaction on which you earned NeuCoins.

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7. What type of scheme is the Axis India Manufacturing Fund?
A) Debt scheme
B) Balanced scheme
C) Money market scheme
D) Open-ended equity scheme
E) Close-ended equity scheme
Answer: D) Open-ended equity scheme

• Axis Mutual Fund announced the launch of the Axis India Manufacturing Fund, an open-ended equity scheme representing the Indian manufacturing theme.
• The scheme opened for public subscription on December 01, 2023, and will close on December 15, 2023.

This product is suitable for investors seeking:

• Capital appreciation over the long term
• An equity scheme investing in Indian equity and equity-related securities of companies engaged in the manufacturing theme.
• The primary objective of the scheme is to provide long-term capital appreciation by investing in equity and equity-related securities of companies engaged in the manufacturing theme.
• Investors can invest under the scheme with a minimum investment of Rs 500 per plan/option and in multiples of Re 1.
• There is no upper limit for investment.

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8. Which city is Jijamata Mahila Sahakari Bank Ltd located in?
A) Mumbai
B) Pune
C) Ulhasnagar
D) Thane
E) Nagpur
Answer: B) Pune

• The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks for deficiencies in regulatory compliance.
• These co-operative banks are:
  • Jijamata Mahila Sahakari Bank Ltd, Pune
  • Shri Laxmikrupa Urban Co-operative Bank Ltd, Pune
  • The Konark Urban Cooperative Bank Ltd, Ulhasnagar
  • The Chembur Nagarik Sahakari Bank Ltd, Mumbai
• The Reserve Bank imposed a monetary penalty of Rs 4.00 lakh on Jijamata Mahila Sahakari Bank Limited, Pune for non-compliance with RBI directions on ‘Reserve Bank of India – Know Your Customer (KYC) Direction, 2016’ and ‘Frauds in UCBs: Changes in Monitoring and Reporting Mechanism’.
• The apex bank imposed a monetary penalty of Rs 1.00 lakh on Shri Laxmikrupa Urban Co-operative Bank Limited, Pune for non-compliance with RBI directions on ‘Reserve Bank of India – Know Your Customer (KYC) Direction, 2016’.
• The RBI imposed a monetary penalty of Rs 1.00 lakh on The Konark Urban Cooperative Bank Ltd., Ulhasnagar and The Chembur Nagarik Sahakari Bank Ltd., Mumbai for non-compliance with the directions issued by RBI on ‘Maintenance of Deposit Accounts – Primary (Urban) Co-operative Banks’.

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Appointments – Daily Current Affairs December 04

9. Who has been appointed as the Director General (DG) of the Indian Council of Forestry Research Education (ICFRE)?
A) Kavita Jain
B) Kanchan Devi
C) Karan Singh
D) Kiran Bedi
E) Kamlesh Kumar
Answer: B) Kanchan Devi

• Kanchan Devi has been appointed as the Director General (DG) of the Indian Council of Forestry Research Education (ICFRE).
• The ICFRE has nine regional research institutes, located in Jodhpur, Shimla, Hyderabad, Coimbatore, Ranchi, Bengaluru, Jorhat, and Jabalpur.
• At International level, the ICFRE enjoys observer organization status with the UN bodies of UNFCCC, and CBD.

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10. Who has taken additional charge as Chief Secretary of Madhya Pradesh?
A) Nirmala Buch
B) Veera Rana
C) Shivraj Singh Chouhan
D) Nand Kumar Singh Chauhan
E) Lalji Tandon
Answer: B) Veera Rana

• Veera Rana took additional charge as Chief Secretary of Madhya Pradesh.
• She is the second woman IAS officer after the late Nirmala Buch to hold the post of chief secretary of the state.
• She is currently the chairman of the MP Board of Secondary Education and also the state agriculture production commissioner.

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Awards – Daily Current Affairs December 04

11. Which organization bagged the “ISSA Vision Zero 2023” Award at the 23rd World Congress on Safety and Health at Work in Sydney, Australia?
A) International Labour Organization (ILO)
B) World Health Organization (WHO)
C) Employees’ State Insurance Corporation (ESIC)
D) International Social Security Association (ISSA)
E) Australian Institute of Health and Safety (AIHS)
Answer: C) Employees’ State Insurance Corporation (ESIC)

• The Employees’ State Insurance Corporation (ESIC) bagged the “ISSA Vision Zero 2023” Award in the 23rd World Congress on Safety and Health at Work held in Sydney, Australia.
• “Vision Zero” is a transformational approach for prevention of accidents at work places integrating the three dimensions of safety, health and well-being at all levels of work.
• ESIC was awarded with “ISSA Vision Zero 2023” because of its success in outreach in the field of safety and health at work places by aligning the prevention strategy besides post-accidental mechanism for medical care and cash benefits to the workers and their dependents.
• Dr. Rajendra Kumar, Director General, ESIC representing ESIC, received this award at the World Congress on Safety and Health at Work.

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International Affairs – Daily Current Affairs December 04

12. How many countries signed the COP28 Declaration on Climate and Health at the World Climate Action Summit?
A) 100
B) 150
C) 124
D) 200
E) 75
Answer: C) 124

• 124 countries signed a ‘COP28 Declaration on Climate and Health’ at the World Climate Action Summit, held in Dubai, UAE.
• The declaration was developed with the support of a number of ‘country champions’ including Brazil, Malawi, the UK, the US, the Netherlands, Kenya, Fiji, India, Egypt, Sierra Leone, and Germany.
• COP28 President: Sultan Al Jaber.
• US vice-president Kamala Harris promised $3 billion to the Green Climate Fund.
• Brazil launched its proposal for a global fund to protect tropical forests in up to 80 countries.
• E Razan Khalifa Al Mubarak, UN Climate Change High-Level Champion for COP28, unveiled $1.7 billion in nature conservation finance and cemented the role of nature in climate action from COP28 to COP30.
• He also announced that the United Arab Emirates (UAE) would contribute $100 million of new finance for nature-climate projects.
• Note: Every year, annual deaths from polluted air affect about 9 million people and 189 million people are exposed to weather-related events each year.

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13. Which outfit, led by Major Boicha, joined the United National Liberation Front (UNLF) after the Peace Agreement?
A) United Liberation Front of Assam (ULFA)
B) National Revolutionary Front Manipur (NRFM)
C) National Socialist Council of Nagaland (NSCN)
D) People’s Liberation Army (PLA)
E) National Democratic Front of Bodoland (NDFB)
Answer: B) National Revolutionary Front Manipur (NRFM)

• After the signing of Peace Agreement between United National Liberation Front (UNLF), Government of Manipur and Government of India on 29th November, 2023, around 25 leaders/cadres of National Revolutionary Front Manipur (NRFM- a Meitei UG outfit) led by Major Boicha (Vice Chief of Army Staff of NRFM) along with 25 weapons have joined UNLF on 02nd December 2023.
• With this, most of the outfit’s members have taken a step towards abjuring the path of violence and join mainstream.
• The development is likely to give a momentum to efforts of Government of India to restore peace and normalcy in Manipur.

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National Affairs – Daily Current Affairs December 04

14. What is the significance of ‘The Hump WWII Museum’?
A) Dedicated to ancient art
B) Commemorates fallen soldiers of World War II
C) Celebrates technological innovations
D) Showcases modern art
E) Highlights space exploration
Answer: B) Commemorates fallen soldiers of World War II

• Arunachal Pradesh Chief Minister Pema Khandu and US Ambassador to India Eric Garcetti inaugurated ‘The Hump WWII Museum’, the 2nd museum in Asia dedicated to the fallen airmen of the Allied Forces during the WWII at Pasighat in Arunachal Pradesh.
• A unique museum showcasing remnants of an aircraft that crashed in Arunachal Pradesh during World War II.
• During World War II, the Allied Forces led by the United States flew supplies over the Himalayas.
• The route was known as ‘The Hump’ because of the altitude of the Eastern Himalayas.
• Many of their aircraft went missing in Arunachal Pradesh and were never found in the remote jungles and mountains.
• The Hump route traverses regions of Arunachal Pradesh, Assam, Tibet, Yunnan (China) and Myanmar, and it is estimated that nearly 650 aircraft crashed in these areas during World War II due to the extrme flying conditions.

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15. What is the name of the first Survey Vessel (Large) ship delivered to the Indian Navy at Garden Reach Shipbuilders & Engineers (GRSE), Kolkata?
A) Yard 3025
B) Sandhayak
C) INS Kolkata
D) Yard 3023
E) INS Surveyor
Answer: B) Sandhayak

• Sandhayak (Yard 3025), the first of four Survey Vessel (Large) ships, being built at Garden Reach Shipbuilders & Engineers (GRSE), Kolkata, was delivered to the Indian Navy on 04 Dec 23.
• The Contract for four Survey Vessel (Large) was signed on 30 Oct 18.
• The primary role of the ship would be full scale coastal and deep-water Hydrographic Survey of Port/ Harbour approaches and determination of navigational channels/ routes.
• Zone of operation includes maritime limits upto EEZ/ extended continental shelf.
• The ships will also collect oceanographic and geophysical data for defence and civil applications.
• In their secondary role, ships will provide limited defence and function as Hospital ship during war/ emergencies.

Features:

• With a displacement of about 3400 tons and an overall length of 110 meters.
• Sandhayak is fitted with state of the art hydrographic equipment such as
• Data Acquisition and Processing System
• Autonomous Underwater Vehicle
• Remotely Operated Vehicle
• DGPS Long range positioning systems
• Digital side scan sonar etc.
• Powered by two Diesel Engines, the ship is capable of achieving speeds in excess of 18 knots.
• Sandhayak has an indigenous content of over 80% by cost.

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