1. Which international agreement was signed by 28 countries at the AI Safety Summit 2023?
Answer: The Bletchley Declaration.
2. What major investment did the UK government announce during the AI Safety Summit 2023?
Answer: £225 million investment in Isambard-AI supercomputer.
3. What is the full form of ENCORE?
Answer: Enabling Communications on Real-time Environment.
4. What is the primary purpose of the Incremental Cash Reserve Ratio (I-CRR) introduced by the RBI?
Answer: To absorb surplus liquidity in the banking system.
5. What is the basis for calculating the incremental Cash Reserve Ratio (I-CRR) for banks?
Answer: Net demand and time liabilities (NDTL) increase.
6. What was the Purchasing Managers’ Index (PMI) for India’s manufacturing sector in October 2023?
Answer: 55.5.
7. Who assumed the role of Chief Information Commissioner in the Central Information Commission on November 6, 2023?
Answer: Shri Heeralal Samariya.
8. What is the primary objective of HSBC India’s introduction of e-bank guarantee services in association with NeSL?
Answer: To reduce transaction cycle times and digitize trade finance.
9. What does NeSL serve as under the Insolvency and Bankruptcy Code, 2016?
Answer: A repository of legal evidence for debt and claims.
10. Which of the following emerging economies experienced an upgrade in its GDP growth forecast by Fitch?
Answer: India.
