Test your knowledge with the latest quiz on current affairs from 22nd 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 Entity Locker platform developed by the National eGovernance Division (NeGD)?
A) To provide cloud storage for personal data
B) To streamline the management and verification of business documents
C) To offer financial services to businesses
D) To manage online education systems
E) To store government policies and regulations
Answer key :
B) To streamline the management and verification of business documents
Explanation:
Entity Locker is a secure, cloud-based digital platform developed by the National eGovernance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY). Its primary purpose is to streamline the management and verification of business documents, ensuring efficient and secure digital governance. This platform helps businesses store, manage, and verify documents in a secure, easily accessible manner.
2) Which state celebrated the Flamingo Festival 2025, marking its successful revival after a period of dormancy?
A) Tamil Nadu
B) Telangana
C) Andhra Pradesh
D) Kerala
E) Odisha
Answer Key:
C) Andhra Pradesh
Explanation:
The Flamingo Festival 2025 was celebrated in Andhra Pradesh, specifically at key locations like Pulicat Lake and the Nelapattu Bird Sanctuary. The festival, which concluded on January 20, 2025, marked a successful revival after being dormant for a period. It attracted numerous bird watchers, photographers, and nature enthusiasts, emphasizing the state’s rich biodiversity and the importance of bird conservation.
3) What is the revised GDP growth forecast for India for the fiscal year 2024-2025, as projected by Moody's?
A) 6%
B) 7%
C) 7.5%
D) 8%
E) 8.5%
Answer:
B) 7%
Explanation:
Moody’s has revised India’s GDP growth forecast for FY 2024-2025 to 7%, down from the 8.2% growth recorded in the previous fiscal year (FY 2023-2024). This downgrade reflects a combination of both domestic and global economic factors, including a slowdown in key sectors and external challenges impacting the economy.
4) Donald Trump was inaugurated as the 47th President of the United States on January 20, 2025. What significant historical event does this inauguration mark for Trump?
A) First president to serve non-consecutive terms
B) Youngest president at inauguration
C) First president to serve consecutive terms after losing re-election
D) Second president to serve non-consecutive terms
E) First president to be inaugurated indoors
Answer:
D) Second president to serve non-consecutive terms
Explanation:
Donald Trump’s inauguration as the 47th President of the United States on January 20, 2025 marks his return to office after a four-year hiatus. This made him only the second U.S. president after Grover Cleveland (who served non-consecutive terms in 1893) to hold office for two non-consecutive terms.
5) Who will chair the newly established Standing External Advisory Committee (SEAC) by the Reserve Bank of India (RBI) to evaluate applications for Universal Banks and Small Finance Banks (SFBs)?
A) Shaktikanta Das
B) Raghuram Rajan
C) M. K. Jain
D) Arvind Subramanian
E) Urjit Patel
Answer:
C) M. K. Jain
Explanation:
The Standing External Advisory Committee (SEAC) established by the Reserve Bank of India (RBI) on January 20, 2025, to evaluate applications for Universal Banks and Small Finance Banks (SFBs), will be chaired by M. K. Jain, the former Deputy Governor of the RBI. The committee plays a crucial role in maintaining the integrity and transparency of India’s banking sector.
6) Which numbering series has the Reserve Bank of India (RBI) mandated banks and other regulated entities (REs) to use exclusively for transactional calls to customers?
A) 1200xx
B) 1300xx
C) 1400xx
D) 1500xx
E) 1600xx
Answer:
E) 1600xx
Explanation:
The Reserve Bank of India (RBI) has mandated that banks and other regulated entities (REs) use the ‘1600xx’ numbering series exclusively for transactional calls to customers. For promotional communications, the ‘1400xx’ series should be employed. This move aims to enhance the security of digital transactions and protect customers from fraudulent activities.
7)Which company is listed in the Reserve Bank of India’s (RBI) 2024-25 list of Non-Banking Finance Companies (NBFCs) in the Upper Layer (UL) segment under the Scale Based Regulation (SBR) framework?
A) State Bank of India
B) Tata Sons Private Limited
C) Life Insurance Corporation of India (LIC) Housing Finance Limited
D) ICICI Bank
E) HDFC Limited
Answer:
C) Life Insurance Corporation of India (LIC) Housing Finance Limited
Explanation:
In January 2025, the Reserve Bank of India (RBI) released its 2024-25 list of Non-Banking Finance Companies (NBFCs) in the Upper Layer (UL) segment under the Scale Based Regulation (SBR) framework. The list includes prominent companies such as Life Insurance Corporation of India (LIC) Housing Finance Limited (HFL), Bajaj Finance Limited (BFL), and Shriram Finance Limited (SFL). Muthoot Finance Limited has been retained for the third consecutive year as well. Despite Tata Sons’ request to de-register, it was retained in the Upper Layer segment, and the matter is under examination.
8)What product did IDFC FIRST Bank Limited, in collaboration with the National Payments Corporation of India (NPCI), launch on January 20, 2025?
A) FIRST PAY Debit Card
B) FIRST EARN RuPay Credit Card
C) FIRST REWARD RuPay Credit Card
D) IDFC First Payment Gateway
E) IDFC FIRST UPI Card
Answer Key:
B) FIRST EARN RuPay Credit Card
Explanation:
On January 20, 2025, IDFC FIRST Bank Limited, in collaboration with the National Payments Corporation of India (NPCI), launched the ‘FIRST EARN RuPay Credit Card’. This card is integrated with the Unified Payments Interface (UPI) and aims to provide users with a seamless and rewarding payment experience. It is backed by an innovative partnership with RuPay, India’s global card payment network.
9) What rank has India achieved in global coffee production as of the fiscal year 2023-24?
A) 5th
B) 6th
C) 7th
D) 8th
E) 9th
Answer:
C) 7th
Explanation:
India has achieved a significant milestone by becoming the seventh-largest coffee producer globally. In the fiscal year 2023-24, India’s coffee exports reached $1.29 billion, nearly doubling from $719.42 million in 2020-21. This growth reflects India’s increasing influence in the global coffee market.
10) As per the GlobalData Plc report for Q4 2024, what rank did the State Bank of India (SBI) retain among the top 25 global banks by market capitalization?
A) 20th
B) 21st
C) 22nd
D) 23rd
E) 24th
Answer:
E) 24th
Explanation:
According to the GlobalData Plc report for Q4 2024, State Bank of India (SBI) retained its position at 24th among the top 25 global banks by market capitalization. This was consistent with its ranking in the previous year, despite the shifting positions of other banks.
11) Who has been appointed as the next Secretary General of the Indian Ocean Rim Association (IORA) by the Ministry of External Affairs?
A) Shri Sanjiv Ranjan
B) Shri Harsh Vardhan Shringla
C) Shri Subrahmanyam Jaishankar
D) Shri Ranjan Mathai
E) Shri Rajiv Kumar
Answer:
A) Shri Sanjiv Ranjan
Explanation:
The Ministry of External Affairs announced the appointment of Shri Sanjiv Ranjan as the next Secretary General of the Indian Ocean Rim Association (IORA). Shri Ranjan, a seasoned diplomat from the 1993 batch of the Indian Foreign Service, will soon assume this new role, bringing his extensive experience to further the association’s goals.
12) Which multinational naval exercise is the Indian Navy’s guided-missile destroyer, INS Mumbai, participating in as of January 2025?
A) Exercise Rim of the Pacific (RIMPAC)
B) Exercise Malabar
C) Exercise La Perouse
D) Exercise Red Flag
E) Exercise Cobra Gold
Answer:
C) Exercise La Perouse
Explanation:
The Indian Navy’s guided-missile destroyer, INS Mumbai, is participating in the fourth edition of Exercise La Perouse, a multinational naval exercise that began on January 16, 2025. The exercise is being held in the strategically significant Malacca, Sunda, and Lombok straits, which are critical corridors for global trade.
13) Who was announced as the Men's ITF World Champion 2024 by the International Tennis Federation (ITF) on January 21, 2025?
A) Novak Djokovic
B) Rafael Nadal
C) Jannik Sinner
D) Daniil Medvedev
E) Alexander Zverev
Answer:
C) Jannik Sinner
Explanation:
On January 21, 2025, the International Tennis Federation (ITF) announced Jannik Sinner from Italy as the Men’s ITF World Champion 2024. Sinner was recognized for his outstanding performances in major tournaments, including Grand Slams, the Davis Cup, and other premier events. Similarly, Iga Natalia Świątek from Poland was named the Women’s ITF World Champion 2024.
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14) In the finals of the 1st edition of the Kho Kho World Cup 2025, which team did the Indian men's and women's Kho Kho teams defeat to win their respective titles?
A) Pakistan
B) Sri Lanka
C) Bangladesh
D) Nepal
E) Afghanistan
Answer:
D) Nepal
Explanation:
In the 1st edition of the Kho Kho World Cup 2025, held from January 13 to 19, 2025, at the Indira Gandhi Indoor Stadium in New Delhi, India’s men’s and women’s teams both defeated Nepal in their respective finals. The Indian men’s team won with a score of 54-36, and the Indian women’s team defeated the Nepalese team 78-40. The teams were captained by Pratik Waikar (men’s team) and Priyanka Ingle (women’s team).
15) On which date is Statehood Day observed annually to mark when Manipur, Meghalaya, and Tripura attained full statehood?
A) January 10
B) January 15
C) January 21
D) February 1
E) December 25
Answer:
C) January 21
Explanation:
Statehood Day is observed annually on January 21 to commemorate the historic milestone when Manipur, Meghalaya, and Tripura attained full statehood under the North Eastern Region (Reorganization) Act of 1971. The day celebrates the cultural richness, historical significance, and contributions of these states to India’s identity, as well as their natural beauty, ethnic diversity, and heritage.
