17th January 2025 Current Affairs Quiz 

17th January 2025 Current Affairs Quiz 

ca-quiz

Test your knowledge with the latest quiz on current affairs from 17th January 2025 Current Affairs Quiz ! Stay updated and challenge yourself with key events and happenings around the world.

1) What is the primary purpose of the Startup India platform, as highlighted during its 9th Foundation Day celebration?

A) To provide government jobs to youth in urban areas
B) To promote innovation, entrepreneurship, and support for startups across India
C) To regulate the funding of small businesses in Tier I cities
D) To focus only on technology-based startups in metro cities
E) To create a central authority for business licensing across all sectors

Answer key :

B) To promote innovation, entrepreneurship, and support for startups across India

Explanation:
The Startup India platform is designed to foster innovation, encourage entrepreneurship, and provide necessary support to startups across the country. During the 9th Foundation Day celebration, key initiatives such as the PRABHAAV Factbook and the Bharat Startup Challenge were launched to further strengthen India’s startup ecosystem, empower women entrepreneurs, and promote startups in Tier II and Tier III cities. These efforts aim to transform India into a global leader in innovation and entrepreneurship.

2) Where will the Bharat Mobility Global Expo 2025 take place?

A) Mumbai
B) Bangalore
C) New Delhi
D) Chennai
E) Hyderabad

Answer Key:

C) New Delhi

Explanation:
The Bharat Mobility Global Expo 2025, recognized as India’s largest mobility expo, will take place at Bharat Mandapam, New Delhi. The event aims to showcase innovations and sustainable mobility solutions with participation from top vehicle and electric vehicle manufacturers.

3) How many feet is the Mahamrityunjaya Yantra, which was installed at Tapovan Ashram in Prayagraj?

A) 30 feet
B) 40 feet
C) 52 feet
D) 60 feet
E) 70 feet

Answer:

C) 52 feet

Explanation:
The Mahamrityunjaya Yantra, installed at Tapovan Ashram in Jhunsi Havelis, Prayagraj, is a monumental spiritual artifact measuring 52 feet in length, width, and height. This Yantra, known as the “Victory over Death” Yantra, is believed to help devotees overcome fears, stress, and negativity, while also serving as a divine connector to Lord Shiva’s higher energy, fostering courage and positivity. The installation of this Yantra at the sacred land of Maha Kumbh adds to its spiritual significance.

4) Where has the state-of-the-art Archaeological Experiential Museum been inaugurated?

A) Ahmedabad
B) Vadnagar
C) Surat
D) Gandhinagar
E) Rajkot

Answer:

B) Vadnagar

Explanation:
The Archaeological Experiential Museum was inaugurated in Vadnagar, a town with a history spanning over 2,500 years. This significant cultural and historical project was unveiled by the Union Ministry of Culture and the Gujarat State Government. The inauguration ceremony was attended by prominent leaders, including Union Home Minister Shri Amit Shah and Gujarat Chief Minister Shri Bhupendrabhai Patel. The museum showcases the rich heritage of Vadnagar, emphasizing its historical importance.

5) What feature did NPCI International and Magnati provide through their partnership in the UAE?

A) Credit card-based payments
B) QR-based Unified Payments Interface (UPI) merchant payments
C) Mobile wallet transactions
D) Contactless debit card payments
E) Biometric authentication for payments

Answer:

B) QR-based Unified Payments Interface (UPI) merchant payments

Explanation:
NPCI International Payments Limited (NIPL) partnered with Magnati to introduce QR-based Unified Payments Interface (UPI) merchant payments via Magnati’s Point-Of-Sale (POS) terminals in the UAE. This collaboration aims to expand the acceptance of UPI internationally, allowing users to make secure and convenient payments through QR codes at various merchants in the UAE. This marks a significant milestone in enhancing UPI’s global reach.

6) What is the projected GDP growth rate for India in the fiscal year 2024-25, as per FICCI's revised forecast?

A) 5.5%
B) 6.0%
C) 6.4%
D) 7.0%
E) 7.5%

Answer:

C) 6.4%

Explanation:
The Federation of Indian Chambers of Commerce and Industry (FICCI) has projected a GDP growth rate of 6.4% for India in the fiscal year 2024-25. This forecast reflects a cautious outlook due to global uncertainties and domestic challenges. The GDP growth rate is an important indicator of the country’s economic health, representing the overall increase in the value of goods and services produced within the country.

7) Who has been assigned to head the monetary policy at the Reserve Bank of India (RBI) after the reshuffling of deputy governors?

A) T Rabi Sankar
B) Swaminathan Janakiraman
C) M Rajeshwar Rao
D) Michael Debabrata Patra
E) Shaktikanta Das

Answer:

C) M Rajeshwar Rao

Explanation:
M Rajeshwar Rao has been assigned to head the monetary policy at the Reserve Bank of India (RBI) after the reshuffling of deputy governors. The reshuffling came after the completion of the five-year term of Dr. Michael Debabrata Patra on January 14, 2025. This change reflects the new distribution of responsibilities among the three deputy governors of the RBI: M Rajeshwar Rao, T Rabi Sankar, and Swaminathan Janakiraman.

8) What is the new name of Shriram Housing Finance after its rebranding?

A) HomeFirst Finance
B) Truhome Finance
C) Shriram Home Loans
D) NewAge Housing Finance
E) EasyHome Finance

Answer Key:

B) Truhome Finance

Explanation:
Shriram Housing Finance has rebranded itself as Truhome Finance following its acquisition by Warburg Pincus and co-investors, including Qatar’s sovereign wealth fund, QIA. This rebranding is part of the company’s strategy to enhance accessibility to affordable home loans across diverse socio-economic segments, reflecting a shift in both its corporate identity and strategic direction.

9) With which bank has PNB MetLife India Insurance Company Ltd. partnered to provide comprehensive life insurance solutions?

A) ICICI Bank
B) HDFC Bank
C) Saraswat Co-Operative Bank Ltd.
D) State Bank of India
E) Axis Bank

Answer:

C) Saraswat Co-Operative Bank Ltd.

Explanation:
PNB MetLife India Insurance Company Ltd. has partnered with Saraswat Co-Operative Bank Ltd., which is India’s largest urban co-operative bank, to provide comprehensive life insurance solutions. This partnership aims to offer a range of life insurance products, including savings, protection, retirement, and group plans, to Saraswat Bank’s 30 lakh customers across its 302 branches.

10) Who has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Punjab National Bank (PNB) as of January 16, 2025?

A) Rajeev Kumar
B) Ashok Chandra
C) Ramesh Gupta
D) Binod Kumar
E) Sanjeev Kumar

Answer:

B) Ashok Chandra

Explanation:
On January 16, 2025, Ashok Chandra was appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Punjab National Bank (PNB) for a three-year term. He is 57 years old. Additionally, Binod Kumar was appointed as the MD and CEO of Indian Bank with a three-year term, subject to an extension based on performance.

11) Who has assumed the role of Secretary of the Department of Higher Education in the Ministry of Education as of January 2025?

A) Shri Ramesh Kumar
B) Shri Vineet Joshi
C) Shri Sunil Agarwal
D) Shri Amit Sharma
E) Shri Pankaj Mishra

Answer:

B) Shri Vineet Joshi

Explanation:
Shri Vineet Joshi has assumed the role of Secretary of the Department of Higher Education in the Ministry of Education, effective January 2025, at Shastri Bhawan, New Delhi. Before this appointment, he had a distinguished career in various key positions within the Indian educational sector, bringing a wealth of experience to enhance India’s higher education landscape.

12) Who has been selected for a multi-year partnership with PUMA India to mark the sportswear giant's official entry into the badminton domain?

A) Saina Nehwal
B) PV Sindhu
C) Kidambi Srikanth
D) Lakshya Sen
E) Parupalli Kashyap

Answer:

B) PV Sindhu

Explanation:
PV Sindhu, the two-time Olympic medallist and a global badminton icon, has been selected for a multi-year partnership with PUMA India. This strategic collaboration signifies PUMA’s official entry into the badminton domain and aims to capitalize on the sport’s growing popularity in India, which currently has a fan base of 57 million. Through this partnership, PUMA seeks to deepen its presence in India’s expanding sports market, while Sindhu continues to inspire millions with her outstanding achievements in badminton.

13) With which institution did the Centre for Development of Telematics (C-DOT) sign an agreement for the development of an “Optical Transceiver Chipset for High-Bandwidth 6G Wireless Links”?

A) Indian Institute of Technology, Madras (IIT Madras)
B) Indian Institute of Technology, Delhi (IIT Delhi)
C) Indian Institute of Technology, Bombay (IIT Bombay)
D) Indian Institute of Technology, Kanpur (IIT Kanpur)
E) National Institute of Technology, Rourkela (NIT Rourkela)

Answer:

C) Indian Institute of Technology, Bombay (IIT Bombay)

Explanation:
The Centre for Development of Telematics (C-DOT) signed an agreement with the Indian Institute of Technology, Bombay (IIT Bombay) for the development of an “Optical Transceiver Chipset for High-Bandwidth 6G Wireless Links.” This initiative is part of India’s efforts to take a leadership role in next-generation 6G telecommunications technology, focusing on affordability, sustainability, and ubiquity, with the goal of rolling out 6G technology by 2030. This collaboration is supported by the Telecom Technology Development Fund (TTDF) under the Department of Telecommunications (DoT).

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