Test your knowledge with the latest quiz on current affairs from 24th January 2025 Current Affairs Quiz ! Stay updated and challenge yourself with key events and happenings around the world.
1) Union Minister Piyush Goyal has set a target of achieving how many Geographical Indication (GI) tags by 2030?
A) 5,000
B) 7,500
C) 10,000
D) 12,500
E) 15,000
Correct Answer: C) 10,000
Explanation:
At the GI Samagam event in New Delhi, Union Minister Piyush Goyal set an ambitious target of achieving 10,000 GI tags by 2030. The current number of GI tags issued is 605, and the government aims to expand this significantly through a whole-of-government approach, including forming a committee for implementation. This initiative aligns with Prime Minister Narendra Modi’s vision of ‘Vikas bhi aur Virasat bhi’ (Development and Heritage), promoting India’s intellectual property ecosystem.
2) In January 2025, Union Minister Dr. Jitendra Singh inaugurated India’s first-of-its-kind CSIR Mega Innovation Complex in which city?
A) Bengaluru
B) Hyderabad
C) Chennai
D) Mumbai
E) New Delhi
Answer Key:
Correct Answer: D) Mumbai
Explanation:
On January 2025, Dr. Jitendra Singh, Union Minister of Science and Technology, inaugurated India’s first CSIR Mega Innovation Complex in Mumbai. This state-of-the-art facility is designed to support start-ups, MSMEs, and industry stakeholders by providing high-end scientific infrastructure and expertise. It represents a significant step toward boosting innovation and research in India.
3) For the 2025-26 marketing season, the Union Cabinet increased the Minimum Support Price (MSP) for raw jute by Rs 315, setting it at how much per quintal?
A) Rs 5,200
B) Rs 5,450
C) Rs 5,650
D) Rs 5,850
E) Rs 6,000
Answer:
Correct Answer: C) Rs 5,650
Explanation:
The Union Cabinet approved an increase in the Minimum Support Price (MSP) for raw jute by Rs 315, setting it at Rs 5,650 per quintal for the 2025-26 marketing season. This move aims to provide farmers with a 66.8% return over the all-India weighted average cost of production, encouraging more investment in jute cultivation and supporting farmers’ livelihoods.
4) Which sector is the Diamond Imprest Authorization (DIA) Scheme, introduced by the Department of Commerce (DOC) under MoC&I, aimed at enhancing?
A) Gold and Precious Metals
B) Diamond and Gemstone Exports
C) Textile and Apparel Industry
D) Handicrafts and Handloom Sector
E) Automobile Manufacturing
Answer Key:
Correct Answer: B) Diamond and Gemstone Exports
Explanation:
The DIA Scheme, effective from April 1, 2025, is designed to boost India’s diamond sector by allowing duty-free importation of Natural Cut and Polished Diamonds under 4 carats (25 cents), encouraging value addition and increased exports. To be eligible, exporters must have USD 15 million in annual exports and Two Star Export House status or higher.
5) The Ministry of Agriculture & Farmers Welfare (MOA&FW) launched India’s first-ever edible oil consumption survey on which digital platform?
A) eNAM (National Agriculture Market)
B) DigiLocker
C) MyGov Portal
D) AgriStack
E) PM Kisan Samman Nidhi Portal
Answer Key:
Correct Answer: C) MyGov Portal
Explanation:
On January 9, 2025, the MOA&FW launched India’s first survey on edible oil consumption via the MyGov Portal. This 45-day survey (January 9 – February 23, 2025) is crucial for shaping policies under the National Mission on Edible Oils-Oilseeds (NMEO-Oilseeds). Reports indicate that India’s per capita annual consumption (PCAC) of edible oils has exceeded 20 kg, surpassing the ICMR’s recommended 12 kg and WHO’s recommended 13 kg.
6) In January 2025, India joined the Medium Altitude Long Endurance Remotely Piloted Aircraft System (MALE RPAS) or Eurodrone programme as an Observer State. Which other Asia-Pacific country previously attained this status?
A) South Korea
B) Australia
C) Japan
D) Singapore
E) Indonesia
Correct Answer: C) Japan
Explanation:
India became the second Asia-Pacific country, after Japan, to join the Eurodrone programme as an Observer State. The Letter of Approval (LOA) was officially handed over by Joachim Sucker, Executive Administration Director of OCCAR, to Ajit Gupte, India’s Ambassador to Germany, in Berlin, Germany. This status grants India access to technical data and the potential to place orders for Eurodrone aircraft, enhancing its unmanned aerial vehicle (UAV) capabilities.
7) To address liquidity constraints in the Indian banking system, how much money did the Reserve Bank of India (RBI) inject through Variable Rate Repo (VRR) auctions in January 2025?
A) ₹50,000 crore
B) ₹62,500 crore
C) ₹76,000 crore
D) ₹85,000 crore
E) ₹1,00,000 crore
Answer:
Correct Answer: C) ₹76,000 crore
Explanation:
The RBI injected ₹76,000 crore into the banking system through Variable Rate Repo (VRR) auctions to stabilize short-term interest rates and align the Weighted Average Call Rate (WACR) with the repo rate (6.5%). The auction, held on January 20, 2025, had bids worth ₹75,772 crore at a cut-off rate of 6.51%. This measure ensures liquidity availability and prevents short-term borrowing costs from rising sharply.
8) Which state became the first in Northeast India to distribute property cards under the SVAMITVA scheme in January 2025?
A) Assam
B) Nagaland
C) Meghalaya
D) Mizoram
E) Tripura
Answer Key:
Correct Answer: D) Mizoram
Explanation:
On January 18, 2025, Mizoram became the first state in Northeast India to distribute property cards under the Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas (SVAMITVA) scheme. The event was attended by Governor Gen (Dr) VK Singh and Prime Minister Narendra Modi, who distributed 65 lakh property cards across 10 states and two Union Territories, including 1,754 cardholders from 18 villages in Mizoram.
9) The Pangsau Pass International Festival (PPIF) 2025, held in Nampong, Arunachal Pradesh, coincides with which historical milestone?
A) 75th anniversary of India’s Independence
B) 100th anniversary of World War I
C) 80th anniversary of the end of World War II
D) 50th anniversary of the Bangladesh Liberation War
E) 60th anniversary of the Indo-China War
Answer Key:
Correct Answer: C) 80th anniversary of the end of World War II
Explanation:
The Pangsau Pass International Festival (PPIF) 2025 is a cultural and historical event held in Nampong, Arunachal Pradesh. This year’s festival is special as it marks the 80th anniversary of the end of World War II. Chief Minister Pema Khandu highlighted plans to restore WWII remnants, further boosting tourism, cultural exchange, and economic development in the region.
10) What is the name of India’s first fully integrated disaster warning system, launched by Kerala CM Pinarayi Vijayan on January 21, 2025?
A) DISWARN System
B) Sachet Alert System
C) KaWaCHAM System
D) Prakriti Suraksha System
E) Vigilant Kerala System
Answer Key:
Correct Answer: C) KaWaCHAM System
Explanation:
The Kerala Warnings, Crisis, and Hazard Management (KaWaCHAM) System was launched by Kerala Chief Minister Pinarayi Vijayan on January 21, 2025, at the Kerala State Disaster Management Authority (KSDMA) headquarters in Thiruvananthapuram. It is India’s first fully integrated disaster warning system, designed to enhance disaster preparedness by issuing alerts for extreme weather events, such as cyclones and heavy rainfall.
