Category: CA Quiz

Test your knowledge with the latest quiz on current affairs from 19th January 2025 Current Affairs Quiz ! Stay updated and challenge yourself with key events and happenings around the world.

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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 AND EXPLANATION

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).

Test your knowledge with the latest quiz on current affairs from 18th January 2025 Current Affairs Quiz ! Stay updated and challenge yourself with key events and happenings around the world.

1) Who is the new member appointed to the Atomic Energy Commission (AEC) as Member (Finance) in 2024?.

A) Manoj Govil
B) T.V. Somanathan
C) Pankaj Mishra
D) Ramesh Kumar
E) Anil Sharma

ANSWER AND EXPLANATION

Answer key :

C) Pankaj Mishra

Explanation:
Pankaj Mishra was appointed as the new Member (Finance) for the Atomic Energy Commission (AEC) in 2024, as part of the reconstitution of the commission by the Government of India. The reconstituted AEC also includes T.V. Somanathan (Cabinet Secretary) and Manoj Govil (Expenditure Secretary) as ex-officio members. This restructuring aims to strengthen the leadership of the AEC to enhance India’s capabilities in the field of atomic energy.

2) What is the primary purpose of the National Broadband Mission 2.0 (NBM 2.0) initiative unveiled by the Department of Telecommunications in January 2025?

A) To enhance digital connectivity across India, focusing on broadband access for rural areas.
B) To provide free internet access to every household in India.
C) To develop mobile applications for digital payments.
D) To introduce a new telecommunications infrastructure for urban areas.
E) To increase the number of mobile towers in India.

ANSWER AND EXPLANATION

Answer Key:

A) To enhance digital connectivity across India, focusing on broadband access for rural areas.

Explanation:
The National Broadband Mission 2.0 (NBM 2.0) aims to improve digital connectivity in India by connecting the remaining 1.7 lakh villages and ensuring broadband access to rural households. The mission focuses on providing faster broadband connections, with a minimum download speed of 100 Mbps for fixed connections. This initiative plays a crucial role in bridging the digital divide and promoting inclusive growth in India, particularly in rural and underserved areas.

3) What is the primary purpose of the “Bharat Ranbhoomi Darshan” app and website launched on January 15, 2025?

A) To provide information about India’s military history and promote tourism in battlefront areas.
B) To offer online education to military personnel.
C) To provide a platform for virtual training for defense forces.
D) To offer real-time updates on military operations.
E) To sell souvenirs related to India’s military history.

ANSWER AND EXPLANATION

Answer:

A) To provide information about India’s military history and promote tourism in battlefront areas.

Explanation:
The “Bharat Ranbhoomi Darshan” app and website have been developed to help civilians explore key battlefield locations and learn about India’s military history, including the sites of major wars like those in 1962, 1971, and 1999, as well as significant conflict zones such as Siachen and Galwan Valley. The initiative aims to transform border regions into tourist hubs, offering a deeper connection to the sacrifices of India’s armed forces and promoting national pride and awareness.

4) On January 16, 2025, the Lokpal of India celebrated its inaugural Foundation Day, marking how many years since its establishment?

A) 5 years
B) 10 years
C) 11 years
D) 12 years
E) 15 years

ANSWER AND EXPLANATION

Answer:
C) 11 years

Explanation:
The Lokpal of India celebrated its inaugural Foundation Day on January 16, 2025, marking 11 years since its establishment on January 16, 2014, under the Lokpal and Lokayuktas Act, 2013.

5) According to the latest report by the PHD Chamber of Commerce and Industry (PHDCCI), India is set to surpass Japan and become which rank in the world’s largest economies by 2026?

A) 2nd
B) 3rd
C) 4th
D) 5th
E) 6th

ANSWER AND EXPLANATION

Answer:

C) 4th

Explanation:
According to the report titled ‘Economic Outlook 2025’, India is projected to surpass Japan and become the 4th largest economy in the world by 2026. This growth is driven by strong macroeconomic fundamentals and policy reforms.

6) The International Monetary Fund (IMF) has revised India’s economic growth forecast for FY25 to what percentage?

A) 6.0%
B) 6.3%
C) 6.5%
D) 7.0%
E) 7.5%

ANSWER AND EXPLANATION

Answer:

C) 6.5%

Explanation:
The IMF has revised India’s economic growth forecast for FY25 to 6.5%, down from earlier projections. This revision reflects challenges such as global economic uncertainties, domestic inflationary pressures, and other factors affecting India’s economic momentum.

7) Where was the ‘Entrepreneurship Development Conclave’ inaugurated in January 2025?

A) New Delhi
B) Mumbai
C) Pune
D) Ahmedabad
E) Bengaluru

ANSWER AND EXPLANATION

Answer:
C) Pune

Explanation:
The ‘Entrepreneurship Development Conclave’ was inaugurated in Pune, Maharashtra at the G.D. Madgulkar Natyagruha. The event was organized by the Ministry of Fisheries, Animal Husbandry, and Dairying (MoFAHD) and focused on empowering entrepreneurs in transforming livestock economies.

8) Which company did the Ministry of Defence sign a contract with for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) for the Indian Navy?

A) Bharat Heavy Electricals Limited (BHEL)
B) Bharat Dynamics Limited (BDL)
C) Larsen & Toubro (L&T)
D) Hindustan Aeronautics Limited (HAL)
E) Tata Defence

ANSWER AND EXPLANATION

Answer Key:

B) Bharat Dynamics Limited (BDL)

Explanation:
The Ministry of Defence (MoD) signed a Rs. 2,960 crore contract with Bharat Dynamics Limited (BDL) for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) to the Indian Navy. The contract was signed in New Delhi in the presence of Defence Secretary Rajesh Kumar Singh. BDL, based in Hyderabad, is a key player in missile manufacturing for India.

9) What new measures did the Reserve Bank of India (RBI) introduce on January 16, 2025, under the Foreign Exchange Management Act (FEMA) 1999?

A) Increased the interest rates for international borrowings
B) Encouraged the use of Indian Rupee (INR) and other local currencies for international trade
C) Introduced new guidelines for cross-border investments
D) Allowed foreign companies to open bank accounts in India without restrictions
E) Eliminated tax on international transactions using INR

ANSWER AND EXPLANATION

Answer:

B) Encouraged the use of Indian Rupee (INR) and other local currencies for international trade

Explanation:
On January 16, 2025, the Reserve Bank of India (RBI) introduced new measures under the Foreign Exchange Management Act (FEMA) 1999. These changes aim to encourage the use of the Indian Rupee (INR) and other local currencies for international trade, enhancing the international standing of the INR. This initiative was part of a detailed review of the FEMA regulations, conducted in collaboration with the Government of India (GoI). The goal is to reduce dependence on global currencies like the US Dollar for trade, fostering a more diverse and stable financial environment for India.

Test your knowledge with the latest quiz on current affairs from 16th January 2025 Current Affairs Quiz ! Stay updated and challenge yourself with key events and happenings around the world.

1) What did the Union Cabinet, chaired by Prime Minister Narendra Modi, approve in January 2025 concerning central government employees and pensioners?

Options:

A) Formation of a new public sector undertaking

B) Constitution of the 8th Central Pay Commission

C) Increase in the retirement age for government employees

D) Launch of a new pension scheme for employees

E) Introduction of a new healthcare plan for government employees

ANSWER AND EXPLANATION

Answer key :

B) Constitution of the 8th Central Pay Commission

Explanation:

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the constitution of the 8th Central Pay Commission in January 2025. The commission will evaluate and recommend revised salary structures, allowances, and pensions for central government employees and pensioners. It will also address compensation, pensions, and welfare enhancements for over one crore employees and pensioners. The commission is expected to submit its recommendations by January 1, 2026. Key focuses include Dearness Allowance (DA), Dearness Relief (DR), and performance-linked pay.

2) Which two countries will commemorate 2026 as a ‘dual year’ focusing on culture, tourism, and artificial intelligence (AI) advancements?

A) India and Spain

B) India and France

C) India and Germany

D) India and Japan

E) India and the United States

ANSWER AND EXPLANATION

Answer Key:

A) India and Spain

Explanation:

India and Spain have announced that they will commemorate 2026 as a ‘dual year’. This initiative, as announced by External Affairs Minister S. Jaishankar, focuses on culture, tourism, and advancements in artificial intelligence (AI). The collaboration will include events like art exhibitions, music and dance performances, literature festivals, and architectural collaborations to promote mutual understanding and strengthen bilateral ties between the two nations.

3) India is projected to surpass which country to become the world’s fourth-largest economy by 2026, according to the PHD Chamber of Commerce and Industry (PHDCCI)?

A) Germany

B) Japan

C) France

D) United Kingdom

E) Italy

ANSWER AND EXPLANATION

Answer Key:

B) Japan

Explanation:

India is projected to surpass Japan to become the world’s fourth-largest economy by 2026, according to the PHD Chamber of Commerce and Industry (PHDCCI). This optimistic outlook is supported by strong GDP growth projections of 6.8% in FY2024-25 and 7.7% in FY2025-26. Strategic policy recommendations aimed at improving economic resilience and promoting sustainable development are expected to drive this economic transition.

4) NPCI International Payments Ltd (NIPL) has partnered with which company to enable Unified Payments Interface (UPI) transactions for Indian travelers in the UAE?

A) Visa

B) Mastercard

C) Magnati

D) PayPal

E) Google Pay

ANSWER AND EXPLANATION

Answer Key: 

C) Magnati

Explanation:

NPCI International Payments Ltd (NIPL), the international arm of India’s National Payments Corporation of India (NPCI), has partnered with UAE-based fintech firm Magnati to enable UPI transactions for Indian travelers in the UAE. The collaboration aims to integrate UPI into the UAE’s payment ecosystem, allowing Indian visitors to use their preferred payment method seamlessly. QR-based UPI payments will be accepted through point-of-sale (POS) terminals across the UAE.

5) India has successfully achieved satellite docking in space, becoming the fourth country to do so. Which countries did India achieve this feat after?

A) Japan, South Korea, India

B) United States, Russia, China

C) United States, Germany, France

D) Russia, China, United Kingdom

E) United States, China, Japan

ANSWER AND EXPLANATION

B) United States, Russia, China

Explanation:

India became the fourth country to achieve satellite docking in space, after the United States, Russia, and China. This milestone was accomplished through ISRO’s SpaDeX (Space Docking Exercise) mission, which was launched on December 30, 2024. The mission successfully docked two satellites in space, named SDX01 (Chaser) and SDX02 (Target), demonstrating ISRO’s autonomous satellite docking capabilities. This achievement is crucial for future missions such as Chandrayaan-4 and the planned Bharatiya Antariksh Station.

6) India’s Railway Minister Ashwini Vaishnaw recently shared a remarkable achievement in green energy technology. What is the notable achievement of Indian Railways regarding hydrogen fuel-run trains?

A) Development of the world’s first electric train

B) Development of the world’s most powerful hydrogen fuel-run train engine

C) Introduction of solar-powered trains

D) Launch of the fastest bullet train in India

E) Creation of a high-speed bullet train powered by wind energy

ANSWER AND EXPLANATION

Answer Key: 

B) Development of the world’s most powerful hydrogen fuel-run train engine

Explanation:

Indian Railways has developed the world’s most powerful hydrogen fuel-run train engine, setting a new global benchmark in railway innovation. The engine generates 1,200 horsepower, surpassing the 500-600 horsepower engines used by other nations. This achievement, shared by Railway Minister Ashwini Vaishnaw during the 18th Pravasi Bharatiya Divas, reflects India’s growing capabilities in green energy and sustainable development.

7) The Odisha state government has announced a monthly pension for surviving individuals who were jailed during the Emergency period from 1975 to 1977. How much is the monthly pension for these individuals?

A) ₹10,000

B) ₹15,000

C) ₹20,000

D) ₹25,000

E) ₹30,000

ANSWER AND EXPLANATION

C) ₹20,000

Explanation:

The Odisha state government has announced a monthly pension of ₹20,000 for all surviving detainees from Odisha who were jailed during the Emergency period from 1975 to 1977 under the Maintenance of Internal Security Act (MISA). This welfare measure also includes medical coverage and other benefits, as part of the government’s effort to honor and support those imprisoned during the Emergency declared by Prime Minister Indira Gandhi.

8) Which Indian women’s cricketer achieved the fastest century by an Indian in women’s ODIs in the 3rd ODI against Ireland, scoring 100 off just 70 balls?

A) Harmanpreet Kaur

B) Smriti Mandhana

C) Mithali Raj

D) Shafali Verma

E) Deepti Sharma

ANSWER AND EXPLANATION

Answer Key:

B) Smriti Mandhana

Explanation:

Smriti Mandhana set a new record for the fastest century by an Indian in women’s ODIs in the 3rd ODI against Ireland Women, scoring 100 off just 70 balls. This performance surpassed Harmanpreet Kaur’s previous record of scoring a century off 87 balls. Mandhana also became the first Indian woman to score 10 ODI centuries, tying with Suzie Bates at fourth position overall for the most centuries in women’s ODIs.

9) Which Indian grandmaster won the Titled Tuesday weekly blitz competition conducted by Chess.com, defeating World No. 1 Magnus Carlsen and World No. 2 Fabiano Caruana?

A) Viswanathan Anand

B) Arjun Erigaisi

C) Pentala Harikrishna

D) Rameshbabu Praggnanandhaa

E) Vidit Gujrathi

ANSWER AND EXPLANATION

Answer Key: 

B) Arjun Erigaisi

Explanation:

Arjun Erigaisi, an Indian grandmaster, achieved a remarkable feat by winning the Titled Tuesday weekly blitz competition on Chess.com. He defeated World No. 1 Magnus Carlsen and World No. 2 Fabiano Caruana in the tournament. Erigaisi finished with an impressive 10 points out of 11 rounds, marking his dominance and establishing himself as one of the rising stars in the world of online chess.

10)What is the name of the military exercise conducted by the Indian Armed Forces from January 16 to 19, 2025, to enhance combat readiness and simulate high-intensity combat operations?

A) Exercise Thunder Strike

B) Exercise Devil Strike

C) Exercise Iron Shield

D) Exercise Valiant Force

E) Exercise Sword of India

ANSWER AND EXPLANATION

Answer Key: 

B) Exercise Devil Strike

Explanation:

Exercise Devil Strike is a major military exercise organized by the Indian Armed Forces from January 16 to 19, 2025. The exercise is aimed at enhancing the combat readiness of the forces by simulating high-intensity combat operations. It focuses on advancing strategies and combat techniques to ensure effective defense against external threats. Additionally, the exercise tests the coordination and synchronization between various branches of the Indian military, which is vital for responding to potential challenges efficiently.

Test your knowledge with the latest quiz on current affairs from 14th January 2025 Current Affairs Quiz ! Stay updated and challenge yourself with key events and happenings around the world.

1) What is the name of the board that Piyush Goyal, the Union Minister for Commerce and Industry, formally inaugurated on 14 January 2025?

A) National Spice Board

B) National Tea Board

C) National Turmeric Board

D) National Coffee Board

E) National Agricultural Board

ANSWER AND EXPLANATION

Answer key :

C) National Turmeric Board

Explanation:

On 14 January 2025, Piyush Goyal, the Union Minister for Commerce and Industry, inaugurated the National Turmeric Board via video conference in New Delhi. The board’s headquarters is located in Nizamabad, Telangana, a key region contributing to India’s turmeric production, accounting for about 30% of the country’s turmeric exports. The National Turmeric Board operates under the Department of Commerce in the Union Ministry of Commerce and Industry. The first chairperson of the board is Palle Ganga Reddy, appointed by the government of India.

2) How many new Watershed Development Projects have been sanctioned by the Ministry of Rural Development under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)?

A) 50

B) 56

C) 60

D) 65

E) 70

ANSWER AND EXPLANATION

Answer Key:

B) 56

Explanation:

The Ministry of Rural Development has sanctioned 56 new Watershed Development Projects under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) with a total investment of ₹700 crore. These projects span across 10 high-performing states: Rajasthan, Madhya Pradesh, Karnataka, Odisha, Tamil Nadu, Assam, Nagaland, Himachal Pradesh, Uttarakhand, and Sikkim. These projects aim to enhance water conservation and improve agricultural productivity in these regions.

3) Which two IITs are collaborating with the Centre for Development of Telematics (C-DOT) to develop the Wideband Spectrum-Sensor ASIC-Chip?

A) IIT Delhi and IIT Kanpur

B) IIT Bombay and IIT Roorkee

C) IIT Mandi and IIT Jammu

D) IIT Madras and IIT Kharagpur

E) IIT Guwahati and IIT Bhubaneswar

ANSWER AND EXPLANATION

Answer Key:

C) IIT Mandi and IIT Jammu

Explanation:

The Centre for Development of Telematics (C-DOT), in collaboration with IIT Mandi and IIT Jammu, has signed an agreement to develop the Wideband Spectrum-Sensor ASIC-Chip. This project is aimed at enhancing spectrum utilization efficiency and expanding broadband access, particularly in rural India, under the Telecom Technology Development Fund (TTDF) scheme. The focus of this project is on developing a chip to improve spectrum efficiency, leveraging unused bands (white spaces), and supporting rural broadband expansion.

4) Which beaches in Kerala have received the prestigious Blue Flag certification?

A) Varkala Beach and Kovalam Beach

B) Kappad Beach and Chal Beach

C) Alappuzha Beach and Muzhappilangad Beach

D) Payyoli Beach and Bekal Beach

E) Cherai Beach and Thiruvambadi Beach

ANSWER AND EXPLANATION

Answer Key: 

B) Kappad Beach and Chal Beach

Explanation:

Kappad Beach (Kozhikode) and Chal Beach (Kannur) in Kerala have received the prestigious Blue Flag certification, which is a globally recognized eco-label awarded by the Foundation for Environmental Education (FEE), Denmark. This certification highlights their commitment to environmental protection, safety, and sustainability, making them excellent examples of sustainable tourism. The Blue Flag certification aims to promote sustainable coastal development and has been awarded to beaches that meet strict environmental and safety criteria.

5) India and which country have announced a co-production initiative to enhance the Indian Navy’s undersea domain awareness by assembling sonobuoys in India?

A) Russia

B) United States

C) France

D) United Kingdom

E) Japan

ANSWER AND EXPLANATION

Answer Key:

B) United States

Explanation:

India has announced a co-production initiative with the United States to enhance the Indian Navy’s undersea domain awareness by assembling U.S.-specification sonobuoys in India. This collaboration, which aims to improve India’s submarine detection and undersea warfare capabilities, involves Ultra Maritime, a leading U.S. defense company, partnering with Bharat Dynamics Limited (BDL), an Indian defense public sector undertaking, for the final assembly of sonobuoys. The operational production line for these sonobuoys is expected to be fully functional by 2027.

6) Which country will host the 28th Conference of Speakers and Presiding Officers of Parliaments of Commonwealth Countries (CSPOC) in 2026?

A) United Kingdom

B) India

C) Canada

D) Australia

E) South Africa

ANSWER AND EXPLANATION

Answer Key: 

B) India

Explanation:

India will host the 28th Conference of Speakers and Presiding Officers of Parliaments of Commonwealth Countries (CSPOC) in 2026. This was announced by Om Birla, the Speaker of the Lok Sabha, during the CSPOC Standing Committee Meeting held in Guernsey on January 10, 2025. The conference will focus on the use of Artificial Intelligence (AI) and social media in parliamentary operations, and will also discuss regional language translations for Members of Parliament (MPs) to improve accessibility to parliamentary papers.

7) What does the Insolvency and Bankruptcy Board of India (IBBI) mandate starting April 1, 2025, for asset auctions under the liquidation process?

A) Use of physical auction houses

B) Use of a new platform called eAuction

C) Conduct all auctions using the eBKray platform, now rebranded as BAANKET

D) Auctions to be conducted through government-run portals only

E) Auctions to be held exclusively offline

ANSWER AND EXPLANATION

Answer Key: 

C) Conduct all auctions using the eBKray platform, now rebranded as BAANKET

Explanation:

Starting April 1, 2025, the Insolvency and Bankruptcy Board of India (IBBI) mandates that all asset auctions under the liquidation process must be conducted using the eBKray platform, which has now been rebranded as the Bank Asset Auction Network (BAANKET). This initiative is designed to enhance transparency, improve auction efficiency, and increase recovery rates in liquidation cases. The move will streamline the auction process and improve buyer access, while addressing the challenges posed by manual and fragmented auctions.

8) The ‘IDBI Chiranjeevi-Super Senior Citizen Fixed Deposit (FD)’ scheme launched by the Industrial Development Bank of India (IDBI) is exclusively designed for which age group?

A) 60 years and above

B) 65 years and above

C) 70 years and above

D) 75 years and above

E) 80 years and above

ANSWER AND EXPLANATION

Answer Key:

E) 80 years and above

Explanation:

The ‘IDBI Chiranjeevi-Super Senior Citizen Fixed Deposit (FD)’ scheme is specifically designed for super senior citizens aged 80 years and above. Launched on January 13, 2025, in Mumbai, Maharashtra, the scheme offers higher interest rates to cater to the financial needs of individuals in this age group. The scheme provides a safe investment option with guaranteed returns and offers special interest rates for different tenures ranging from 7.85% to 8.05% annually.

9) What is the theme of the ‘Cybersecurity Hackathon 2024-25’ launched by Punjab National Bank (PNB) in January 2025?

A) Code Against Cyber Threats

B) Protecting Digital Transactions

C) Strengthening Financial Security

D) Code Against Malware

E) Innovating Cyber Defense

ANSWER AND EXPLANATION

Answer Key: 

D) Code Against Malware

Explanation:

The theme of Punjab National Bank’s (PNB) ‘Cybersecurity Hackathon 2024-25’ is “Code Against Malware”. The hackathon, launched in January 2025, focuses on addressing the growing malware threats in the banking sector. It invites innovators, researchers, and academicians to develop innovative solutions to detect, mitigate, and prevent malware attacks, aiming to enhance cybersecurity defenses in India’s banking system. The initiative is part of the government’s push to promote cybersecurity innovation through the directive from the Department of Financial Services (DFS).

10) Who was sworn in for a third six-year term as President of Venezuela in January 2025?

A) Hugo Chávez

B) Juan Guaidó

C) Edmundo Gonzalez

D) Nicolás Maduro

E) Leopoldo López

ANSWER AND EXPLANATION

Answer Key: 

D) Nicolás Maduro

Explanation:

Nicolás Maduro, the 46th President of Venezuela, was sworn in for a third six-year term following a contentious election. His opponent, Edmundo Gonzalez, claimed voter fraud and declared himself the rightful winner of the July 2024 elections. Despite international pressure and sanctions, particularly from the United States, Maduro’s inauguration took place amid widespread controversy and public protests.

Test your knowledge with the latest quiz on current affairs from 9th January 2025 Current Affairs Quiz ! Stay updated and challenge yourself with key events and happenings around the world.

1.Which port is designated to become a mega terminal port and a key hub for green hydrogen once its cargo carrying capacity reaches 300 million metric tonnes?

A) Jawaharlal Nehru Port

B) Chennai Port

C) Deendayal Port

D) Mumbai Port

E) Visakhapatnam Port

ANSWER AND EXPLANATION

Answer key :

C) Deendayal Port

Explanation: Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal mentioned that the Deendayal Port in Kandla will evolve into a mega terminal port and a vital hub for green hydrogen once it achieves a cargo carrying capacity of 300 million metric tonnes.

2. How much cashless treatment is provided for road accident survivors under the new initiative announced by Union Minister Nitin Gadkari?

A) ₹50,000

B) ₹1 lakh

C) ₹1.5 lakh

D) ₹2 lakh

E) ₹2.5 lakh

ANSWER AND EXPLANATION

Answer Key:

C) ₹1.5 lakh

Explanation: Union Minister of Road Transport and Highways, Nitin Gadkari, announced that road accident survivors will receive cashless treatment of up to ₹1.5 lakh for seven days under the new initiative. This scheme is set to be expanded across all states by March 2025.

3.Which president has accepted India’s invitation to be the chief guest at the 2025 Republic Day parade?

A) President Joko Widodo

B) President Prabowo Subianto

C) President Rodrigo Duterte

D) President Xi Jinping

E) President Moon Jae-in

ANSWER AND EXPLANATION

Answer Key:

B) President Prabowo Subianto

Explanation: Indonesian President Prabowo Subianto has formally accepted India’s invitation to be the chief guest at the 2025 Republic Day parade. This visit is seen as a significant step in strengthening India-Indonesia relations and is aligned with the Act East Policy, which is a priority in Prime Minister Narendra Modi’s third term.

4.How much capital expenditure (capex) has Indian Railways surpassed in the fiscal year 2024-25 by December 2024?

A) ₹1 lakh crore

B) ₹1.5 lakh crore

C) ₹2 lakh crore

D) ₹2.5 lakh crore

E) ₹3 lakh crore

ANSWER AND EXPLANATION

Answer Key: 

C) ₹2 lakh crore

Explanation: Indian Railways achieved a significant milestone by surpassing ₹2 lakh crore in capital expenditure (capex) by December 2024, which accounts for 76% of its budgetary allocation for the fiscal year 2024-25 (FY25). This achievement highlights the strong progress in infrastructure development within the railways sector.

5.Which country has officially become the 11th full member of the BRICS group?

A) India

B) Indonesia

C) South Africa

D) Mexico

E) Argentina

ANSWER AND EXPLANATION

Answer Key:

B) Indonesia

Explanation: Indonesia has officially become the 11th full member of the BRICS group of emerging economies. This development was announced by Brazil, which holds the presidency of BRICS for 2025. Indonesia’s membership was endorsed by BRICS leaders at the Johannesburg summit in 2023, aligning with efforts to reform global governance institutions and strengthen cooperation within the Global South.

6.What is the projected real GDP growth for India in FY 2024-25 according to the National Statistical Office (NSO)?

A) 6.2%

B) 6.4%

C) 6.6%

D) 6.8%

E) 7.0%

ANSWER AND EXPLANATION

Answer Key: 

B) 6.4%

Explanation: The National Statistical Office (NSO) projects India’s real GDP growth for FY 2024-25 at 6.4%, a slowdown from the 8.2% growth recorded in FY 2023-24. This projection is slightly below the Reserve Bank of India (RBI)’s forecast of 6.6% for the same period. The slowdown is attributed to weaker performance in the manufacturing and services sectors, while agriculture and construction sectors are expected to show positive growth.

7.What is the government’s fiscal deficit target for the fiscal year 2024-25?

A) 3.5% of GDP

B) 4.5% of GDP

C) 4.7% of GDP

D) 4.9% of GDP

E) 5.1% of GDP

ANSWER AND EXPLANATION

Answer Key: 

D) 4.9% of GDP

Explanation: The government’s fiscal deficit target for the fiscal year 2024-25 is 4.9% of GDP. Despite a downward revision in India’s GDP growth forecast, the fiscal deficit target remains attainable. The government plans to offset the lower GDP growth by reducing capital expenditure, ensuring minimal impact on the fiscal deficit.

8.Which state is organizing the 18th Pravasi Bhartiya Divas Convention in January 2025?

A) West Bengal

B) Gujarat

C) Odisha

D) Kerala

E) Maharashtra

ANSWER AND EXPLANATION

Answer Key:

C) Odisha

Explanation: The 18th Pravasi Bhartiya Divas Convention will be hosted in Bhubaneswar, the capital city of Odisha, from 8-10 January 2025. This marks the first time that Bhubaneswar is hosting the biannual event. Additionally, the Youth Pravasi Bharatiya Divas will be held in Bhubaneswar on 8 January 2025.

10.Which state launched the Shahid Madho Singh Haath Kharcha Scheme for Scheduled Tribe students in January 2025?

A) Madhya Pradesh

B) Odisha

C) Chhattisgarh

D) Jharkhand

E) Bihar

ANSWER AND EXPLANATION

Answer Key: 

B) Odisha

Explanation: The Shahid Madho Singh Haath Kharcha Scheme was launched by Odisha Chief Minister Mohan Charan Majhi on January 7, 2025, at the Adivasi Mela in Bhubaneswar. The scheme aims to reduce dropout rates among Scheduled Tribe (ST) students by providing ₹5,000 as one-time financial assistance to students enrolling in Class IX and Class XI, with eligibility for families having an annual income not exceeding ₹2,50,000.

11.Who has been appointed as the 11th chairman of ISRO and secretary of the Department of Space (DOS)?

A) S. Somanth

B) V. Narayanan

C) K. Sivan

D) R. Narayan

E) M. S. Rao

ANSWER AND EXPLANATION

Answer Key: 

B) V. Narayanan

Explanation: V. Narayanan has been appointed as the 11th chairman of ISRO and secretary of the Department of Space (DOS). He will succeed the current chairman, S. Somanth, and assume office on 14 January 2025. His appointment was approved by the Appointments Committee of the Cabinet in a meeting chaired by Prime Minister Narendra Modi on 7 January 2025. His term is for two years, effective from 14 January 2025.

12.How many languages have been added to the e-Shram portal to make it accessible to unorganised workers?

A) 10 languages

B) 15 languages

C) 20 languages

D) 22 languages

E) 25 languages

ANSWER AND EXPLANATION

Answer Key: 

D) 22 languages

Explanation: The e-Shram portal has been upgraded to support all 22 scheduled languages of India, making it more accessible to unorganised workers across the country. This enhancement was launched by Union Minister of Labour and Employment Dr. Mansukh Mandaviya and is facilitated through the Bhashini project by the Ministry of Electronics and Information Technology. The previous versions of the portal supported only a few languages such as English, Hindi, Kannada, and Marathi.

13.On which date is Pravasi Bharatiya Divas (NRI Day) celebrated annually in India?

A) January 1st

B) January 9th

C) January 15th

D) February 14th

E) December 10th

ANSWER AND EXPLANATION

Answer Key: 

B) January 9th

Explanation: Pravasi Bharatiya Divas (NRI Day) is celebrated annually on January 9th in India to honour and engage with the Indian diaspora worldwide. The event aims to strengthen the relationship between India and its overseas citizens and utilize their expertise and resources for the nation’s development.

Test your knowledge with the latest quiz on current affairs from 7th January 2025 ! Stay updated and challenge yourself with key events and happenings around the world.

1.Which organization has partnered with NITI Aayog’s Women Entrepreneurship Platform (WEP) to launch the ‘Faral Sakhi’ initiative?

A)Mumbai Municipal Corporation

B)Mira Bhayandar Municipal Corporation

C)Pune Municipal Corporation

D)Navi Mumbai Municipal Corporation

E)Thane Municipal Corporation

ANSWER AND EXPLANATION

Answer key :

B)Mira Bhayandar Municipal Corporation

Explanation:

The Mira Bhayandar Municipal Corporation (MBMC) has collaborated with NITI Aayog’s Women Entrepreneurship Platform (WEP) to launch the ‘Faral Sakhi’ initiative. This initiative aims to empower women entrepreneurs in traditional snack production, particularly in the festive season. It provides comprehensive support, including sales spaces and advertisement backing, to women from self-help groups (SHGs), with the initiative achieving significant success during Diwali by selling over 3 tons of snacks.

2.Which route was inaugurated as part of the Delhi-Meerut Regional Rapid Transit System (RRTS) on January 5, 2025?

A)Ghaziabad to Meerut

B)Sahibabad to New Ashok Nagar

C)Delhi to Noida

D)Meerut to Ghaziabad

E)Delhi to Gurugram

ANSWER AND EXPLANATION

Answer Key:

Sahibabad to New Ashok Nagar

Explanation:

On January 5, 2025, Prime Minister Narendra Modi inaugurated a 13-km section of the Delhi-Meerut Regional Rapid Transit System (RRTS) corridor. This section connects Sahibabad (Uttar Pradesh) to New Ashok Nagar (Delhi). It is part of the broader 82-km Delhi-Ghaziabad-Meerut Namo Bharat corridor, aimed at reducing travel time and revolutionizing regional transit. The inauguration also marked the first operational use of the Namo Bharat trains in Delhi.

3.Which capital city reported the highest PM2.5 levels globally, reaching 266 micrograms per cubic meter, on January 3, 2025?

A)Thailand (Bangkok)

B)Vietnam (Hanoi)

C)India (New Delhi)

D)China (Beijing)

E)Indonesia (Jakarta)

ANSWER AND EXPLANATION

Answer Key:

Vietnam (Hanoi)

Explanation:

On January 3, 2025, Hanoi, the capital of Vietnam, reported the highest PM2.5 levels globally, reaching 266 micrograms per cubic meter, as reported by AirVisual. This level of air pollution is classified as severe, significantly affecting the health of residents. The primary sources of this pollution include heavy traffic, open burning of waste, and emissions from industrial activities.

4.Which banks has HDFC Bank received RBI approval to acquire up to a 9.5% stake in?

A)ICICI Bank, Axis Bank, and State Bank of India

B)Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank

C)HDFC Bank, Yes Bank, and Bank of Baroda

D)Punjab National Bank, Canara Bank, and Union Bank

E)Kotak Mahindra Bank, IDFC First Bank, and Bank of India

ANSWER AND EXPLANATION

Answer Key: 

Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank

Explanation:

HDFC Bank has received approval from the Reserve Bank of India (RBI) to acquire up to a 9.5% stake in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank. This approval is valid until January 2, 2026. The combined stake in each of the target banks, including holdings from HDFC Bank’s group entities like HDFC Mutual Fund and HDFC Life Insurance, cannot exceed the 9.5% limit.

5.What is the primary purpose of the BAANKNET portal launched on January 3, 2025?

A)To facilitate online banking services for rural areas

B)To offer a one-stop platform for e-auctions of properties from Public Sector Banks (PSBs)

C)To manage and track government financial grants

D)To provide a platform for digital loan applications

E)To support the sale of government bonds and securities

ANSWER AND EXPLANATION

Answer Key:

To offer a one-stop platform for e-auctions of properties from Public Sector Banks (PSBs)

Explanation:

The BAANKNET portal, launched by Nagaraju Maddirala, Secretary of the Department of Financial Services (DFS), is designed to facilitate the e-auction of properties from all Public Sector Banks (PSBs). It serves as a one-stop platform for buyers and investors, listing various assets such as residential and commercial properties, industrial land, agricultural land, vehicles, and more. The portal helps PSBs recover dues and strengthens balance sheets, aiding in the availability of credit for businesses and individuals.

(WPI) from 2011-12 to 2022-23. This change was notified on January 2, 2025 as part of the broader initiative to transition to the Producer Price Index (PPI).

6.What is the primary purpose of the Memorandum of Understanding (MoU) signed between the Indian Coast Guard (ICG) and AIIMS Delhi in December 2024?

A)To provide advanced medical equipment to the Indian Coast Guard

B)To enhance the medical training and capabilities of ICG’s medical officers

C)To establish a new medical facility for ICG personnel

D)To improve medical infrastructure at AIIMS Delhi

E)To collaborate on disaster management operations

ANSWER AND EXPLANATION

Answer Key: 

To enhance the medical training and capabilities of ICG’s medical officers

Explanation:

The MoU signed between the Indian Coast Guard (ICG) and AIIMS Delhi in December 2024 is focused on enhancing the medical training and capabilities of ICG’s medical officers. The agreement specifically aims at providing specialized training in Cardiopulmonary Resuscitation (CPR) based on Indian guidelines, ensuring that ICG personnel are well-equipped with critical life-saving skills to manage medical emergencies, particularly in challenging operational environments.

7.Who has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of TATA AIG General Insurance in January 2025?

A)Neelesh Garg

B)Amit Ganorkar

C)Sunil Mehta

D)Ramesh Iyer

E)Rajesh Kumar

ANSWER AND EXPLANATION

Answer Key: 

Amit Ganorkar

Explanation:

In January 2025, Amit Ganorkar was appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of TATA AIG General Insurance, effective from January 1, 2025. He succeeded Neelesh Garg, who resigned after leading the company for over nine years. Ganorkar previously served as the MD at Royal Sundaram General Insurance and also held the role of Chief Operating Officer (COO) at TATA AIG General Insurance. He brings over 20 years of expertise in the general insurance industry, particularly in sales, distribution, and product development.

8.Who did Jyoti Sharma succeed as the CEO of the NASSCOM Foundation?

A)Neelesh Garg

B)Nidhi Bhasin

C)Ramesh Iyer

D)Sunil Mehta

E)Rajesh Kumar

ANSWER AND EXPLANATION

Answer Key:

Nidhi Bhasin

Explanation:

Jyoti Sharma succeeded Nidhi Bhasin as the CEO of the NASSCOM Foundation. Nidhi Bhasin was appointed as the CEO of Digital Green Trust, paving the way for Sharma’s appointment. Sharma brings over 20 years of experience in social impact, program development, resource mobilization, and stakeholder engagement.

10.How much has rural-to-urban migration in India decreased by, according to the Economic Advisory Council to the Prime Minister (EAC-PM) report, from 2011 to 2023?

• 5.5%
• 10.5%
• 11.8%
• 15.3%
• 20.2%

ANSWER AND EXPLANATION

Answer Key: 

11.8%

Explanation:

According to the report, domestic migration in India decreased by 53.7 million in 2023, marking an 11.8% drop from 2011 levels. This reduction in migration is reflective of a broader trend where the migration rate fell from 37.6% in 2011 to 28.9% in 2023.

 

11.Which state in India is recognized for welcoming the first baby of Generation Beta on January 1, 2025?

A)Assam

B)Mizoram

C)Nagaland

D)Meghalaya

E)Tripura

ANSWER AND EXPLANATION

Answer Key: 

Mizoram

Explanation:

The first baby of Generation Beta, named Frankie Remruatdika Zadeng, was born on January 1, 2025, at Synod Hospital in Durtlang, Aizawl, in Mizoram. The baby weighed a little over 3.12 kilograms, marking a significant milestone as the first child of this generation in India.

Test your knowledge with the latest quiz on current affairs from 3rd January 2025 Current Affairs Quiz ! Stay updated and challenge yourself with key events and happenings around the world.

1.Where will India’s first coastal and wader bird census be conducted from January 3 to 5, 2025?

A) Sundarbans National Park

B) Marine National Park and Marine Sanctuary

C) Kaziranga National Park

D) Gir National Park

E) Bandipur National Park

ANSWER AND EXPLANATION

Answer key :

B) Marine National Park and Marine Sanctuary

Explanation:

India’s first coastal and wader bird census will be held from January 3 to 5, 2025, in the Marine National Park and Marine Sanctuary in Jamnagar, Gujarat. The census is organized by the Gujarat government’s Forest Department in collaboration with the Bird Conservation Society Gujarat (BCSG). The event will involve speeches, bird counting, and knowledge-sharing sessions.

2. How long has the government extended the central sector crop insurance schemes, Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme?

A) One year till 2024-25

B) One year till 2025-26

C) Two years till 2026-27

D) Three years till 2027-28

E) Five years till 2030

ANSWER AND EXPLANATION

Answer Key:

B) One year till 2025-26

Explanation:

The Indian government has extended the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme by one year till 2025-26. This decision was made in a meeting of the Union cabinet chaired by Prime Minister Narendra Modi on 1 January 2025 to continue supporting the agricultural sector.

3.Which ancient love song from Bosnia and Herzegovina was added to the UNESCO National Inventory of Intangible Cultural Heritage in December 2024?

A) Sevdalinka

B) Tinikling

C) Vranjanka

D) Opa Opa

E) Kolo

ANSWER AND EXPLANATION

Answer Key:

A) Sevdalinka

Explanation:

In December 2024, Sevdalinka, a melancholic and ancient love song from Bosnia and Herzegovina, was added to the UNESCO National Inventory of Intangible Cultural Heritage. This song, which dates back to the 16th century, is known for its soulful melodies and poignant themes, often referred to as the ‘Balkan blues’. It holds deep cultural and artistic significance in the region.

4.Which country introduced a new tourist tax effective from January 1, 2025, aimed at enhancing regional tourism infrastructure and supporting local economies?

A) France

B) Russia

C) Spain

D) Italy

E) Greece

ANSWER AND EXPLANATION

Answer Key: 

B) Russia

Explanation:

Russia introduced a new tourist tax, effective from January 1, 2025. This tax replaces the previous resort fee and is aimed at improving regional tourism infrastructure and supporting local economies. The tax begins with a 1% levy on lodging costs in 2025 and will gradually increase to 3% by 2027, with a minimum daily charge of 100 rubles (approximately 0.9 USD).

5.What is the new base year for the Wholesale Price Index (WPI) as per the Government of India’s notification issued on January 2, 2025?

A) 2010-11

B) 2012-13

C) 2015-16

D) 2020-21

E) 2022-23

ANSWER AND EXPLANATION

Answer Key:

E) 2022-23

Explanation:

The Government of India has decided to revise the base year for the Wholesale Price Index (WPI) from 2011-12 to 2022-23. This change was notified on January 2, 2025 as part of the broader initiative to transition to the Producer Price Index (PPI).

6.What is the percentage reduction in India’s total greenhouse gas emissions in 2020 compared to 2019?

A) 5.76%

B) 7.93%

C) 10.12%

D) 12.45%

E) 15.32%

ANSWER AND EXPLANATION

Answer Key: 

B) 7.93%

Explanation:

In 2020, India’s total greenhouse gas emissions, excluding land use, land-use change, and forestry (LULUCF), were reduced by 7.93% compared to 2019. This reduction is part of India’s efforts to decouple economic growth from greenhouse gas emissions, as it aims to meet its climate action targets under the Paris Agreement.

7.What is the maximum amount allowed for partial withdrawals from Fixed Deposits (FDs) with Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) for deposits larger than ₹10,000?

A) ₹1 lakh

B) ₹2 lakh

C) ₹3 lakh

D) ₹5 lakh

E) ₹10 lakh

ANSWER AND EXPLANATION

Answer Key: 

1. D) ₹5 lakh

Explanation:

For Fixed Deposits (FDs) larger than ₹10,000 with Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs), the RBI’s revised guidelines allow partial withdrawals up to 50% of the principal amount or ₹5 lakh, whichever is lower, within three months of deposit. However, no interest will be provided on these partial withdrawals.

8.What is India’s rank on the Global Aging Index as published in the medical journal Nature Aging?

A) 110th

B) 115th

C) 120th

D) 123rd

E) 130th

ANSWER AND EXPLANATION

Answer Key:

D) 123rd

Explanation:

India is ranked 123rd out of 143 countries on the Global Aging Index, as published in the medical journal Nature Aging. This ranking evaluates the readiness of nations to address the challenges of an aging population, highlighting the need for India to prepare for its demographic transition.

10.By which year is India aiming to be “Weather Ready” and “Climate Smart” under the Mission MAUSAM initiative?

A) 2024

B) 2025

C) 2026

D) 2027

E) 2028

ANSWER AND EXPLANATION

Answer Key: 

C) 2026

Explanation:

Mission MAUSAM is a flagship initiative by the Ministry of Earth Sciences (MoES) aimed at making India “Weather Ready” and “Climate Smart” by 2026. The initiative includes significant infrastructure expansion and aims to position India as a global leader in weather and climate sciences.

11.What is the record value of India’s coffee exports between April and November in FY24?

A) $1.05 billion

B) $1.10 billion

C) $1.12 billion

D) $1.14 billion

E) $1.20 billion

ANSWER AND EXPLANATION

Answer Key: 

D) $1.14 billion

Explanation:

India’s coffee exports achieved a record $1.14 billion between April and November in FY24, marking a 29% increase compared to the same period last year. This surge in exports was driven by rising global demand for Robusta coffee, disruptions in the supply chains of major coffee producers like Brazil and Vietnam, and the strong demand for high-quality coffee, particularly from Karnataka, in premium global markets.

12.Who was appointed as the Director of the Indian Agricultural Research Institute (IARI) in December 2024?

A) Salman Al-Farisi

B) Gopal Baglay

C) Sanjiv Ranjan

D) Harsh Vardhan Shringla

E) T. S. Tirumurti

ANSWER AND EXPLANATION

Answer Key: 

C) Sanjiv Ranjan

Explanation:

Senior Indian Foreign Service (IFS) officer Sanjiv Ranjan was appointed as the Secretary General of the Indian Ocean Rim Association (IORA) in Ebene, Mauritius, in December 2024. He succeeds Salman Al-Farisi of Indonesia. Sanjiv Ranjan has had a distinguished career in diplomacy, including assignments in Madrid, Lima, and as Deputy High Commissioner of India to Mauritius (2006–2009), highlighting his experience in multilateral and bilateral cooperation.

13.Who has been appointed as the Chief Executive Officer (CEO) of the Unique Identification Authority of India (UIDAI) on January 2, 2025?

A) Amit Aggarwal

B) Bhuvnesh Kumar

C) Rajesh Verma

D) T. V. Somanathan

E) Arvind Kumar

ANSWER AND EXPLANATION

Answer Key: 

B) Bhuvnesh Kumar

Explanation:

Bhuvnesh Kumar, a 1995 batch IAS officer from the Uttar Pradesh cadre, took over as the Chief Executive Officer (CEO) of the Unique Identification Authority of India (UIDAI) on January 2, 2025. He replaced Amit Aggarwal, who has been appointed as the Secretary of the Department of Pharmaceuticals. In addition to his role at UIDAI, Bhuvnesh Kumar will serve as the Additional Secretary in the Ministry of Electronics and Information Technology (MeitY), reflecting his dual responsibilities in government administration.

14.Who has been appointed as the new Secretary General of ASSOCHAM in 2025?

A) Deepak Sood

B) Manish Singhal

C) Rajat Sharma

D) Sunil Bharti Mittal

E) Anurag Batra

ANSWER AND EXPLANATION

Answer Key: 

B) Manish Singhal

Explanation:

Manish Singhal, an industry veteran with over 35 years of experience, has been appointed as the Secretary General of the Associated Chambers of Commerce and Industry of India (ASSOCHAM) in 2025. He succeeds Deepak Sood, who served for five years and significantly enhanced the chamber’s operations. Singhal’s extensive career includes leadership roles in prominent organizations such as Tata Motors, Eicher (Volvo), and FICCI, where he was the Deputy Secretary General. His appointment marks a new chapter in ASSOCHAM’s history, aligning with its vision for business growth and advocacy.

15.Who won the women’s section of the 2024 FIDE World Blitz Championships?

A) Koneru Humpy

B) R. Vaishali

C) Ju Wenjun

D) Magnus Carlsen

E) Ian Nepomniachtchi

ANSWER AND EXPLANATION

Answer Key: 

C) Ju Wenjun

Explanation:

The 2024 FIDE World Blitz Championships women’s section was won by Ju Wenjun, a renowned Chinese chess player. R. Vaishali of India secured the bronze medal, showcasing her exceptional skills. This adds to India’s achievements in chess, as Koneru Humpy won gold in the 2024 World Rapid Championship. The open section title was shared for the first time between Magnus Carlsen (his seventh title) and Ian Nepomniachtchi (his first title).

16.Who won the Major Dhyan Chand Khel Ratna Award in the 2024 National Sports Awards?

A) R. Vaishali (Chess)

B) Gukesh D (Chess)

C) Ju Wenjun (Chess)

D) Harmanpreet Kaur (Cricket)

E) Praveen Kumar (Para-Athletics)

ANSWER AND EXPLANATION

Answer Key: 

B) Gukesh D (Chess)

Explanation:

The Major Dhyan Chand Khel Ratna Award is India’s highest sports honor. In the 2024 National Sports Awards, notable recipients of this prestigious award include Gukesh D for his remarkable achievements in chess, Harmanpreet Singh for hockey, Praveen Kumar for para-athletics, and Manu Bhaker for shooting. Gukesh D was recognized for his extraordinary contributions and performance in chess, which brought him this prestigious honor.

17.Global Family Day is observed every year on which day?

A) December 31

B) January 1

C) January 15

D) February 14

E) March 1

ANSWER AND EXPLANATION

Answer Key:

B) January 1

Explanation:

Global Family Day is observed annually on January 1, emphasizing peace, unity, and the importance of families. This day sets the tone for the new year by fostering a spirit of harmony and mutual understanding across cultures. Initially proposed in 1997 and formally recognized in 1999, the day also highlights the connection between families and the promotion of global peace.

Test your knowledge with the latest quiz on current affairs from 2nd January 2025! Stay updated and challenge yourself with key events and happenings around the world.

1.Where was India’s first glass bridge over the sea inaugurated on December 31, 2024?

A) Goa

B) Kanyakumari

C) Kochi

D) Chennai

E) Mumbai

ANSWER AND EXPLANATION

Answer key :

B) Kanyakumari

Explanation:

India’s first glass bridge over the sea was inaugurated by Tamil Nadu Chief Minister M K Stalin on December 31, 2024, in Kanyakumari. The bridge connects the Vivekananda Rock Memorial and the 133-foot Thiruvalluvar statue, located in the Kanyakumari district of Tamil Nadu.

2.By what percentage did India’s greenhouse gas emissions fall in 2020 compared to the previous year?

A) 5.5%

B) 7.93%

C) 10%

D) 12.5%

E) 15%

ANSWER AND EXPLANATION

Answer Key:

B) 7.93%

Explanation:

India’s emissions fell by 7.93% in 2020 compared to 2019, as reported in data submitted to the UN climate change office. This significant reduction is part of India’s efforts to mitigate greenhouse gas emissions and has contributed to the overall decline in emission intensity of India’s GDP by 36% from 2005 to 2020.

3. By how many billion cubic meters has groundwater recharge increased in India from 2017 to 2024?

A) 10 billion cubic meters

B) 12 billion cubic meters

C) 13 billion cubic meters

D) 15 billion cubic meters

E) 17 billion cubic meters

ANSWER AND EXPLANATION

Answer Key:

D) 15 billion cubic meters

Explanation:

According to the Union Ministry of Jal Shakti’s Dynamic Ground Water Resource Assessment Report 2024, groundwater recharge in India has increased by 15 billion cubic meters from 2017 to 2024. This increase is part of the overall positive trend in groundwater management, which also includes a decline in groundwater extraction by 3 billion cubic meters during the same period.

4.Which company signed a Memorandum of Understanding (MOU) with the National Stock Exchange of India Limited (NSE) to launch a financial literacy program for its delivery partners, focusing on empowering women in the workforce?

A) Zomato

B) Swiggy

C) Ola

D) Uber

E) Blinkit

ANSWER AND EXPLANATION

Answer Key: 

B) Swiggy

Explanation:

Swiggy Limited, an Indian online food delivery and e-commerce platform headquartered in Bengaluru, Karnataka, signed a Memorandum of Understanding (MOU) with the National Stock Exchange of India Limited (NSE) in December 2024. The MOU aims to launch a financial literacy program for Swiggy’s delivery partners, with a particular focus on empowering women in the workforce.

5.What is the interest rate for a Recurring Deposit under the National Small Savings Schemes?

A) 4% per annum

B) 5.5% per annum

C) 6.7% per annum

D) 7.5% per annum

E) 8% per annum

ANSWER AND EXPLANATION

Answer Key:

C) 6.7% per annum

Explanation:

The interest rate for a Recurring Deposit under the National Small Savings Schemes is 6.7% per annum, and the maturity period for this scheme is 5 years. This is mentioned in the Post Office Deposits section of the schemes.

6.Which bank collaborated with the Federation of Indian Chambers of Commerce and Industry (FICCI) Ladies Organisation (FLO) to launch the ‘YES PowherUp’ program?

A) ICICI Bank

B) HDFC Bank

C) YES Bank

D) Axis Bank

E) State Bank of India

ANSWER AND EXPLANATION

Answer Key: 

C) YES Bank

Explanation:

YES Bank, in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI) Ladies Organisation (FLO), launched the ‘YES PowherUp’ program in December 2024. This initiative aims to empower women entrepreneurs and support the growth of their businesses.

7.What is the primary purpose of the “One Nation, One Subscription” scheme launched by the Government?

A) To provide free internet access to students

B) To offer access to a wide range of digital knowledge resources

C) To reduce the cost of textbooks for students

D) To improve sports facilities in educational institutions

E) To promote international exchange programs

ANSWER AND EXPLANATION

Answer Key: 

B) To offer access to a wide range of digital knowledge resources

Explanation:

The “One Nation, One Subscription” scheme aims to provide seamless access to a wide range of digital knowledge resources, including research papers, journals, and academic content, under a single subscription platform. This initiative is designed to benefit students from government-funded higher education institutions across the country.

8.Which year has been declared as the “Year of Reforms” by the Ministry of Defence?

A) 2024

B) 2025

C) 2023

D) 2026

E) 2027

ANSWER AND EXPLANATION

Answer Key:

B) 2025

Explanation:

The Ministry of Defence has declared 2025 as the “Year of Reforms” to accelerate ongoing and future reforms in the defence sector. The Defence Minister, Rajnath Singh, chaired a crucial meeting to review the progress of various key schemes, projects, and reforms aimed at transforming the Armed Forces into a technologically advanced, combat-ready force.

10.With which company did the Ministry of Defence (MoD) sign a contract worth Rs 1,990 crore for the construction and integration of the Air Independent Propulsion (AIP) Plug for Indian submarines?

A) Hindustan Shipyard Limited (HSL)

B) Mazagon Dock Shipbuilders Limited (MDL)

C) L&T Defence

D) Garden Reach Shipbuilders & Engineers Ltd. (GRSE)

E) Goa Shipyard Limited (GSL)

ANSWER AND EXPLANATION

Answer Key: 

B) Mazagon Dock Shipbuilders Limited (MDL)

Explanation:

The Ministry of Defence (MoD) signed a contract worth Rs 1,990 crore with Mazagon Dock Shipbuilders Limited (MDL), Mumbai, for the construction and integration of the Air Independent Propulsion (AIP) Plug for Indian submarines. This technology, developed by DRDO’s Naval Materials Research Laboratory (NMRL), will significantly enhance the endurance of conventional submarines.

11.How much is India’s space economy expected to grow by in the next decade, from $8.4 billion to around $44 billion?

A) $28 billion

B) $35.6 billion

C) $44.6 billion

D) $42 billion

E) $36 billion

ANSWER AND EXPLANATION

Answer Key: 

B) $35.6 billion

Explanation:

India’s space economy is projected to grow from $8.4 billion to around $44 billion in the next decade, which amounts to a growth of $35.6 billion. This significant increase highlights the expanding role of India’s space sector in the global economy.

12.Who was appointed as the Director of the Indian Agricultural Research Institute (IARI) in December 2024?

A) Dr. A.K. Singh

B) Dr. Cherukumalli Srinivasa Rao

C) Dr. Ramesh Chandra

D) Dr. Sunita Sharma

E) Dr. Pradeep Kumar

ANSWER AND EXPLANATION

Answer Key: 

B) Dr. Cherukumalli Srinivasa Rao

Explanation:

In December 2024, Dr. Cherukumalli Srinivasa Rao, an agricultural scientist from Andhra Pradesh, was appointed as the Director of the Indian Agricultural Research Institute (IARI), New Delhi. He succeeded Dr. A.K. Singh, who retired in June 2024.