Category: Quiz

  • 18th December 2024 Current Affairs Quiz

    18th December 2024 Current Affairs Quiz

    Test your knowledge with the latest quiz on current affairs from 18th December 2024! Stay updated and challenge yourself with key events and happenings around the world.

    1.In which city has the GSI Geoscience Museum, a state-of-the-art facility housed in the historic Victoria Market Building, been inaugurated by Vice President Shri Jagdeep Dhankhar to serve as a hub of geological knowledge and showcase the contributions of the Geological Survey of India (GSI)?

    A)Hyderabad

    B)Bengaluru

    C)Kolkata

    D)Gwalior

    E)Jaipur

    ANSWER AND EXPLANATION

    Answer key :

    Gwalior

    Explanation:

    The GSI Geoscience Museum was inaugurated in Gwalior, Madhya Pradesh, in the historic Victoria Market Building. This facility combines tradition and innovation to highlight the geological wonders of Earth and the significant role of the Geological Survey of India (GSI) in exploring and utilizing the nation’s geological resources. The inauguration was led by Vice President Shri Jagdeep Dhankhar, along with other dignitaries, celebrating the museum as a center of knowledge and a tribute to India’s geological heritage

    2.What significant framework was unveiled by India in December 2024, making it the first country globally to introduce a regulatory approach for sustainable manufacturing in the steel industry?

    A)Green Energy Policy

    B)Green Hydrogen Initiative

    C)Taxonomy of Green Steel

    D)Sustainable Steel Alliance

    E)Net-Zero Steel Initiative

    ANSWER AND EXPLANATION

    Answer Key:

    C)Taxonomy of Green Steel

    Explanation:

    In December 2024, Union Minister H.D. Kumaraswamy from the Ministry of Steel (MoS) and the Ministry of Heavy Industries & Public Enterprises (MoHI&PE) unveiled the ‘Taxonomy of Green Steel’. This groundbreaking framework is the first of its kind globally and aims to define and regulate green steel production based on emission intensity, promoting sustainable manufacturing in the steel industry. The initiative reflects India’s commitment to reducing carbon emissions and fostering innovation in environmentally responsible steel production.

    3. When is the initiative for visa-free travel to Russia for Indian nationals expected to begin, according to the discussions between India and Russia?

    A)Summer 2024

    B)Fall 2024

    C)Spring 2025

    D)Winter 2025

    E)Spring 2026

    ANSWER AND EXPLANATION

    Answer Key:  Spring 2025

    Explanation:

    The initiative for visa-free travel between India and Russia is expected to commence in spring 2025. This follows bilateral discussions held in June 2024, which aimed to ease visa restrictions and promote group tourist exchanges. Currently, Indian nationals require visas to visit Russia, but the anticipated agreement is set to streamline travel, enhance tourism, and strengthen the relationship between the two countries.

    4.By how much did food price inflation in India decrease from October 2024 to November 2024?

    A)2.1%

    B)2.7%

    C)3.2%

    D)3.5%

    E)4.0%

    ANSWER AND EXPLANATION

    Answer Key:   D)3.5%

    Detailed Explanation:

     

    In October 2024, food price inflation was recorded at 11.6%.

    In November 2024, it moderated to 8.9%.

    The difference is calculated as:

    11.6% – 8.9% = 3.5%

    This 3.5% reduction marks a significant deceleration in food price inflation. It was primarily driven by a sharp slowdown in vegetable price increases, from 63% in October to 28.6% in November, despite the continued sharp rise in potato prices, which increased by 82.8% in November.

    5.What was the net profit reported by Public Sector Banks (PSBs) in the first half of FY 2024-25?

    A)₹75,000 crore

    B)₹85,520 crore

    C)₹90,000 crore

    D)₹67,850 crore

    E)₹95,000 crore

    ANSWER AND EXPLANATION

    Answer Key:  ₹85,520 crore

    Detailed Explanation:

    In the first half of FY 2024-25, Public Sector Banks (PSBs), including the State Bank of India (SBI), reported a net profit of ₹85,520 crore.

    This represents a 26% growth compared to the ₹67,850 crore net profit reported during the same period in the previous year (FY 2023-24).

    The growth in profit highlights PSBs’ operational efficiency, improved asset quality, robust credit monitoring, and enhanced operational efficiency.

    Key Insights:

    The ₹85,520 crore profit is a testament to the increasing financial resilience of PSBs.

    The previous year’s profit of ₹67,850 crore served as the benchmark for the impressive 26% growth.

    6.Which financial technology company launched the fraud protection plan “Shield” in December 2024 to safeguard users from fraudulent UPI transactions?

    A)Paytm

    B)BharatPe

    C)PhonePe

    D)Google Pay

    E)Razorpay

    ANSWER AND EXPLANATION

    Answer Key:   BharatPe

    Detailed Explanation:

    BharatPe, a leading financial technology company, introduced the “Shield” plan in December 2024.

    The initiative is aimed at protecting users from fraudulent Unified Payments Interface (UPI) transactions and enhancing digital transaction security.

    Key Features of “Shield”:

    Complimentary fraud protection for the first 30 days covering up to ₹5,000.

    Affordable subscription plan at ₹19 per month after the free period.

    Comprehensive coverage for risks like phishing attacks, computer fraud, and unauthorized transactions, including a pre-reporting period of up to 10 days.

    24/7 support for reporting fraud and filing claims.

    Additional Facts About BharatPe:

    Founded in 2018, BharatPe is known for pioneering innovations in the financial sector.

    It introduced India’s first UPI-compatible QR code and zero MDR (Merchant Discount Rate) payment service.

    In August 2024, BharatPe expanded into consumer payments by rebranding its Postpe app and launching its UPI Third-Party Application Provider (TPAP) services.

    This question tests knowledge about a significant initiative in the financial technology sector while reinforcing awareness of BharatPe’s contributions to digital payments in India.

    7.What is the primary purpose of INS Nirdeshak, the new survey ship commissioned by the Indian Navy in December 2024?

    A)Combat and warfare operations

    B)Maritime rescue operations

    C)Hydrographic surveys and charting

    D)Anti-piracy missions

    E)Submarine tracking and monitoring

    ANSWER AND EXPLANATION

    Answer Key:   Hydrographic surveys and charting

    Detailed Explanation:

    Primary Purpose: INS Nirdeshak is designed for hydrographic surveys and charting. This involves mapping the seabed, identifying navigational hazards, and contributing to safe maritime navigation.

    Significance: These surveys play a crucial role in supporting the Indian Navy’s operations and enhancing India’s maritime presence, particularly in the Indian Ocean Region.

    Construction: Built by Garden Reach Shipbuilders & Engineers (GRSE) in Kolkata, INS Nirdeshak is part of the Survey Vessel (Large) Project. It is the second vessel in this series, demonstrating India’s growing focus on indigenous shipbuilding.

    Legacy: The ship carries forward the legacy of the original INS Nirdeshak, which served the Indian Navy for 32 years before its decommissioning in 2014.

    8.In which year was the Sri Lanka-India Naval Exercise (SLINEX) first initiated?

    A)2000

    B)2005

    C)2010

    D)2015

    E)2020

    ANSWER AND EXPLANATION

    Answer Key:  B)2005

    Detailed Explanation:

    Origin of SLINEX: The Sri Lanka-India Naval Exercise (SLINEX) was first initiated in 2005 to enhance maritime cooperation and interoperability between the navies of India and Sri Lanka.

    Purpose: The exercise aims to strengthen mutual understanding, improve operational capabilities, and ensure maritime security in the region.

    2024 Edition: The 2024 edition is scheduled to take place from December 17 to December 20, 2024, at Visakhapatnam under the Eastern Naval Command.

    Structure of the Exercise: It consists of two phases:

    Harbour Phase: Includes pre-sea briefings, professional exchanges, and planning.

    Sea Phase: Involves tactical exercises, maneuvers, and joint operations.

    Why the Other Options Are Incorrect:

    2000: SLINEX was not initiated this early; bilateral naval cooperation gained momentum in 2005.

    2010: By 2010, SLINEX was already established and conducted regularly.

    2015: SLINEX had been ongoing for a decade by this year.

    2020: SLINEX was well underway before this year, with significant progress in its scope and importance.

    This question highlights the historical significance of SLINEX and its role in fostering bilateral ties and regional maritime security.

     

    10.Which temple from India won the “Award of Distinction” in the 2024 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation?

    A)Brihadeeswarar Temple

    B)Abathsahayeshwarar Temple

    C)Meenakshi Temple

    D)Kanchi Kailasanathar Temple

    E)Shore Temple

    ANSWER AND EXPLANATION

    Answer Key:    Abathsahayeshwarar Temple

    Detailed Explanation:

    Award of Distinction: The Abathsahayeshwarar Temple, located in Tamil Nadu, was recognized with the prestigious “Award of Distinction” for its exceptional conservation efforts. This recognition highlights its significant contribution to preserving India’s cultural and historical heritage.

    Other Recognized Indian Project: The Sir Byramjee Jeejeebhoy Parsee Charitable Institution (BJPCI) in Maharashtra received the “Award of Merit.”

    Context of the Awards: The 2024 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation honored a total of 8 projects across 5 countries, with India receiving awards for 2 projects.

    11.Which of Air India’s in-flight products won the Good Design Award Australia 2024?

    A)Air India’s Executive Lounge

    B)Air India’s Vista Verve in-flight product

    C)Air India’s Maharaja Experience

    D)Air India’s Premium Class Amenities

    E)Air India’s Business Class Cabin

    ANSWER AND EXPLANATION

    Answer Key:  Air India’s Vista Verve in-flight product

    Detailed Explanation:

    Good Design Award Australia 2024: The Vista Verve in-flight product received the prestigious Good Design Award Australia 2024. This award recognized the excellence in innovation and design of Air India’s in-flight offering, which includes luxurious elements such as exclusive tableware, Slovakian lead-free glassware, premium linens, and mattress toppers, focusing on both sustainability and comfort for passengers.

    Why Other Options Are Incorrect:

    Air India’s Executive Lounge: This lounge has not been awarded the Good Design Award Australia 2024.

    Air India’s Maharaja Experience: Although well-known, this service experience wasn’t recognized with this award in 2024.

    Air India’s Premium Class Amenities: This category was not specifically awarded the Good Design Award 2024.

    Air India’s Business Class Cabin: The Business Class Cabin was not the focus of this particular award.

    11.What is the primary purpose of the Memorandum of Understanding (MoU) signed between Gati Shakti Vishwavidyalaya (GSV) and the Indian Navy?

    A)To promote collaboration in maritime defense strategy

    B)To enhance education, research, and training in logistics for the Navy

    C)To develop new naval technology and innovations

    D)To establish a new naval base for the Indian Navy

    E)To enhance the fleet’s capacity for international missions

    ANSWER AND EXPLANATION

    Answer Key: 

    To enhance education, research, and training in logistics for the Navy

    Detailed Explanation:

    Purpose of the MoU: The MoU signed between Gati Shakti Vishwavidyalaya (GSV) and the Indian Navy focuses on improving education, research, and training in logistics to enhance the Navy’s logistical capabilities. This partnership aligns with India’s broader initiatives like the PM Gati Shakti National Master Plan and National Logistics Policy, aiming to modernize and streamline the logistics sector, especially in defense.

     

    12.By winning the Women’s Junior Asia Cup, India qualified for which upcoming event?

    A)2025 FIH Women’s Junior Hockey World Cup

    B)2024 Summer Olympics

    C)2025 ICC Women’s World Cup

    D)2024 FIH Hockey World Cup

    E)2024 AFC Women’s Football Championship

    ANSWER AND EXPLANATION

    Answer Key:  2025 FIH Women’s Junior Hockey World Cup

    Detailed Explanation:

    India’s Qualification: By winning the Women’s Junior Asia Cup in Muscat, Oman, the Indian women’s junior hockey team secured their qualification for the 2025 FIH Women’s Junior Hockey World Cup to be held in Chile.

    Why Other Options Are Incorrect:

    1. The Summer Olympics is a different event, and winning the Junior Asia Cup does not directly qualify teams for the Olympics.
    2. The ICC Women’s World Cup is a cricket event, not related to hockey.
    3. The FIH Hockey World Cup is for senior teams, whereas this qualification is for the Junior Hockey World Cup.
    4. The AFC Women’s Football Championship is unrelated to hockey, as it is a football (soccer) competition.

    This win highlights the growing strength of India’s women’s junior hockey team and their path to further success on the global stage.

    13.In November 2024, which cases were declared as “Notifiable Diseases” by the Ministry of Health and Family Welfare in India?

    A)Malaria cases

    B)Snakebite cases

    C)Tuberculosis cases

    D)Dengue fever cases

    E)Leprosy cases

    ANSWER AND EXPLANATION

    Answer Key:  Snakebite cases

    Detailed Explanation:

    The Declaration: In November 2024, the Ministry of Health and Family Welfare (MOHFW) declared snakebite cases as a Notifiable Disease in India. This means that all government and public health facilities are now required to report snakebite cases and related deaths, ensuring better monitoring and response.

    14.On December 12, 2024, the Indian Space Research Organisation (ISRO) successfully completed a sea-level hot test of which type of engine?

    A)Solid rocket engine

    B)Liquid propulsion engine

    C)Cryogenic engine

    D)Hybrid rocket engine

    E)Ion propulsion engine

    ANSWER AND EXPLANATION

    Answer Key:   Cryogenic engine

    Detailed Explanation:

    The Test Conducted: On November 29, 2024, ISRO completed a sea-level hot test of its CE20 cryogenic engine at the ISRO Propulsion Complex in Mahendragiri, Tamil Nadu. This test is a critical step in the development of cryogenic technology for India’s future space missions, particularly for missions requiring higher payloads and advanced propulsion systems.

    Why Cryogenic Engine is the Correct Answer:

    The CE20 cryogenic engine is designed to use cryogenic fuels (liquid oxygen and liquid hydrogen) and is pivotal for India’s space exploration, as it enables higher thrust and efficiency, especially for heavy payload launches into higher orbits.

    15.On December 12, 2024, the Indian Space Research Organisation (ISRO) successfully completed a sea-level hot test of which type of engine?

    A)Solid rocket engine

    B)Liquid propulsion engine

    C)Cryogenic engine

    D)Hybrid rocket engine

    E)Ion propulsion engine

    ANSWER AND EXPLANATION

    Answer Key:   Cryogenic engine

    Detailed Explanation:

    The Test Conducted: On November 29, 2024, ISRO completed a sea-level hot test of its CE20 cryogenic engine at the ISRO Propulsion Complex in Mahendragiri, Tamil Nadu. This test is a critical step in the development of cryogenic technology for India’s future space missions, particularly for missions requiring higher payloads and advanced propulsion systems.

    16.Which space technology company successfully delivered the iBooster Green Propulsion System to the Defence Research and Development Organisation (DRDO) in December 2024?

    A)ISRO

    B)Manastu Space Technologies Private Limited

    C)Skyroot Aerospace

    D)Agnikul Cosmos

    E)Axiom Space

    ANSWER AND EXPLANATION

    Answer Key: 

    Manastu Space Technologies Private Limited

    Detailed Explanation:

    Company Overview:

    Manastu Space Technologies Private Limited, a deep-technology startup based in Mumbai, Maharashtra, successfully delivered the iBooster Green Propulsion System to DRDO in December 2024. This achievement marks a significant milestone in the field of green propulsion technology, which is essential for reducing the environmental impact of space missions.

    17.Who is the author of the book titled “New Bharat – Modi’s Vision and Development 2019-2024”?

    A)Gajendra Singh Shekhawat

    B)Ravi Prashar

    C)Navneet Sehgal

    D)Narendra Modi

    E)Rajeev Kumar

    ANSWER AND EXPLANATION

    Answer Key:  Ravi Prashar

    Detailed Explanation:

    Book Details:

    The book titled “New Bharat – Modi’s Vision and Development 2019-2024” was launched by Union Minister of Culture and Tourism, Gajendra Singh Shekhawat in December 2024 at the Constitution Club in New Delhi. The book focuses on the developmental initiatives and schemes introduced during the leadership of Prime Minister Narendra Modi from 2019 to 2024, showcasing his vision for India’s progress and growth.

    18.Who is the author of the book titled “New Bharat – Modi’s Vision and Development 2019-2024”?

    A)Gajendra Singh Shekhawat

    B)Ravi Prashar

    C)Navneet Sehgal

    D)Narendra Modi

    E)Rajeev Kumar

    ANSWER AND EXPLANATION

    Answer Key:  Ravi Prashar

    Detailed Explanation:

    Book Details:

    The book titled “New Bharat – Modi’s Vision and Development 2019-2024” was launched by Union Minister of Culture and Tourism, Gajendra Singh Shekhawat in December 2024 at the Constitution Club in New Delhi. The book focuses on the developmental initiatives and schemes introduced during the leadership of Prime Minister Narendra Modi from 2019 to 2024, showcasing his vision for India’s progress and growth.

    Author:

    The author of this book is Ravi Prashar, a notable writer who has penned the work focusing on India’s development trajectory under the leadership of Narendra Modi.

    Publisher:

    The book was published by Hindustan Times, a prominent media house, further lending credibility to its content.

    19.Who led the legal battle for pensioners’ rights in India, which resulted in the 1982 Supreme Court judgment?

    A)D.S. Nakara

    B)Manmohan Singh

    C)Narendra Modi

    D)L.K. Advani

    E)Jawaharlal Nehru

    ANSWER AND EXPLANATION

    Answer Key:   D.S. Nakara

    Detailed Explanation:

    History of Pensioners Day:

    Pensioners Day is observed on 17th December every year in India to honor D.S. Nakara, a retired government official who became a symbol of the fight for pensioners’ rights. This day commemorates the 1982 Supreme Court judgment, which ensured equality and justice for pensioners by guaranteeing them the same pension benefits, irrespective of their retirement date.

    The Legal Battle:

    The battle was led by D.S. Nakara, who had retired from the Department of Defense and fought for the rights of pensioners. He challenged the government’s policy of granting different pension benefits to retirees based on their retirement date, arguing that it was discriminatory and violated the principles of equality enshrined in the Constitution.

    1982 Supreme Court Judgment:

    The Supreme Court of India ruled in favor of D.S. Nakara and other pensioners, declaring that the pension system should not differentiate between pensioners based on their retirement dates. The judgment ensured that all pensioners would receive the same pension benefits, upholding justice and equality for them.

  • 18 th January 2025 Current Affairs Quiz

    18 th January 2025 Current Affairs Quiz

    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.

  • 17th December 2024 Current Affairs Quiz

    17th December 2024 Current Affairs Quiz

    Test your knowledge with the latest quiz on current affairs from 17th December 2024! Stay updated and challenge yourself with key events and happenings around the world.

    1.Where is the third edition of the “Viraasat Sari Festival 2024” being held?

    A)Handloom Haat, Janpath, New Delhi

    B)Bandra-Kurla Complex, Mumbai

    C)Dilli Haat, New Delhi

    D)Vibrant Gujarat, Ahmedabad

    E)Chandni Chowk, New Delhi

    ANSWER AND EXPLANATION

    Answer key :  Handloom Haat, Janpath, New Delhi

    Explanation:

    The third edition of the “Viraasat Sari Festival 2024” is being hosted at Handloom Haat, Janpath, New Delhi, from 15th to 28th December 2024. This festival celebrates India’s rich handloom heritage, with a particular focus on sari weaving traditions. It brings together handloom weavers, designers, sari enthusiasts, and buyers, highlighting the cultural and economic significance of the handloom sector.

    2.Which Indian state has become the first to implement a dedicated Yoga Policy?

    A)Himachal Pradesh

    B)Uttarakhand

    C)Rajasthan

    D)Kerala

    E)Uttar Pradesh

    ANSWER AND EXPLANATION

    Answer Key:  Uttarakhand

    Explanation:

    Uttarakhand has become the first Indian state to implement a dedicated Yoga Policy. The state, known as “Devbhoomi,” aims to transform itself into a global yoga destination, building on the existing reputation of Rishikesh as the “Yoga Capital of the World.” The policy, initiated by Chief Minister Pushkar Singh Dhami, integrates yoga, Ayurveda, and wellness into a holistic strategy for promoting tourism, health, and employment.

    3. As of November 2024, how many countries and territories have been certified as malaria-free by the World Health Organization (WHO)?

    A)38 countries

    B)44 countries and 1 territory

    C)50 countries

    D)40 countries and 2 territories

    E)35 countries

    ANSWER AND EXPLANATION

    Answer Key:  44 countries and 1 territory

    Explanation:

    As of November 2024, 44 countries and 1 territory (Cabo Verde) have been certified as malaria-free by the World Health Organization (WHO). This is a significant achievement in the global efforts to combat malaria, with many other countries on track to achieve this status in the near future.

    4.Who was honored with the 2024 Women’s Tennis Association (WTA) Player of the Year Award?

    A)Iga Świątek

    B)Naomi Osaka

    C)Aryna Sabalenka

    D)Emma Raducanu

    E)Jessica Pegula

    ANSWER AND EXPLANATION

    Answer Key:  Aryna Sabalenka

    Explanation:

    Aryna Sabalenka, the world No. 1 singles player from Belarus, was awarded the 2024 Women’s Tennis Association (WTA) Player of the Year Award. This is her first career win of this prestigious award, which reflects her outstanding achievements in tennis, including 23 career titles.

    5.Who was elected as the President of Georgia on December 16, 2024?

    A)Giorgi Margvelashvili

    B)Mikheil Kavelashvili

    C)Salome Zourabichvili

    D)Nino Burjanadze

    E)Irakli Garibashvili

    ANSWER AND EXPLANATION

    Answer Key:  Mikheil Kavelashvili

    Explanation:

    Mikheil Kavelashvili, a 53-year-old former footballer, was elected as the President of Georgia on December 16, 2024. His victory is notable for the shift in Georgia’s political landscape, particularly in light of constitutional changes and growing concerns about the country’s alignment with Russia. Kavelashvili’s candidacy was strongly supported by the Georgian Dream party, and his election reflects the party’s increasing influence and a potential shift away from Georgia’s European Union aspirations.

    6.Which state recently commemorated Nupi Lal Numit 2024, honoring the courage and resilience of women who fought for justice and freedom in the Nupi Lal uprisings of 1904 and 1939?

    A)Assam

    B)Manipur

    C)Meghalaya

    D)Nagaland

    E)Tripura

    ANSWER AND EXPLANATION

    Answer Key: Manipur

    Explanation:

    Manipur commemorated Nupi Lal Numit 2024 to honor the brave women who fought in the Nupi Lal uprisings of 1904 and 1939. These uprisings were crucial moments in Manipur’s history, where women played a central role in standing up for justice and freedom. The event was led by Chief Minister N. Biren Singh at the Nupi Lal Memorial Complex. This commemoration highlights the significant contributions of Manipuri women in historical events and their continued empowerment through modern initiatives. The Chief Minister’s speech also emphasized the need for peace and unity in the state.

    7.What is the theme of the Rising Rajasthan Global Investment Summit 2024 (RRGIS 2024)?

    A)Empowering Growth, Building Tomorrow

    B)Sustainable Development, Global Investment

    C)Replete, Responsible, Ready

    D)Visionary Rajasthan for Global Trade

    E)Innovation for a Brighter Future

    ANSWER AND EXPLANATION

    Answer Key: 

    Replete, Responsible, Ready

    Explanation:

    The Rising Rajasthan Global Investment Summit 2024 (RRGIS 2024), inaugurated by Prime Minister Narendra Modi on 9th December 2024 at the Jaipur Exhibition and Convention Centre (JECC), was held with the theme “Replete, Responsible, Ready“. The summit lasted for three days (from 9th to 11th December 2024) and was designed to showcase Rajasthan as an attractive investment destination, focusing on its preparedness and commitment to responsible growth. The theme reflects the state’s readiness for global investments while emphasizing sustainability and inclusivity.

    8.Which Indian state became the first to fully adopt the Government e-Marketplace (GeM) platform in December 2024?

    A)Maharashtra

    B)Uttar Pradesh

    C)Gujarat

    D)Tamil Nadu

    E)Rajasthan

    ANSWER AND EXPLANATION

    Answer Key:  Uttar Pradesh

    Explanation:

    In December 2024, Uttar Pradesh (UP) became the first Indian state to fully adopt the Government e-Marketplace (GeM) platform. This move aims to enhance transparency and eliminate unethical practices in public procurement. The GeM platform is a government initiative to facilitate online procurement of goods and services, ensuring efficiency in the purchasing process. With its adoption, the Uttar Pradesh government is expected to save over ₹2,000 crore annually, primarily through GeM-based procurement, which streamlines purchases and reduces the chances of corruption or malpractices.

    10.What is the name of the trilateral air combat exercise conducted by India, France, and the UAE over the Arabian Sea?

    A) Sky Shield

    B) Desert Knight

    C) Iron Falcon

    D) Blue Thunder

    E) Red Strike

    ANSWER AND EXPLANATION

    Answer Key:  B) Desert Knight

    Explanation:

    The exercise “Desert Knight” is a trilateral air combat exercise involving India, France, and the UAE. It aims to strengthen defense cooperation, improve interoperability among the air forces of the three nations, and prepare for complex combat scenarios. The exercise takes place over the Arabian Sea, underscoring the growing strategic ties between these countries amidst global security challenges and geopolitical tensions.

    11.Who conferred the National Panchayat Awards 2024?

    A) Prime Minister Narendra Modi

    B) Home Minister Amit Shah

    C) President Droupadi Murmu

    D) Vice President Jagdeep Dhankhar

    E) Union Minister Giriraj Singh

    ANSWER AND EXPLANATION

    Answer Key:  C) President Droupadi Murmu

    Explanation:

    The National Panchayat Awards 2024 were conferred by President Droupadi Murmu. The awards were presented to 45 awardees, including 42 Panchayats and 3 Capacity Building Institutes, for their exceptional contributions to sustainable and inclusive development. These awards celebrate the efforts of local governance bodies in promoting social and economic progress in rural areas.

    11.Who won the Syed Mushtaq Ali Trophy 2024?

    A) Madhya Pradesh

    B) Rajasthan

    C) Mumbai

    D) Karnataka

    E) Gujarat

    ANSWER AND EXPLANATION

    Answer Key:   C) Mumbai

    Explanation:

    Mumbai clinched the Syed Mushtaq Ali Trophy (SMAT) 2024 by defeating Madhya Pradesh by five wickets in the final. Despite a strong unbeaten knock of 81 by MP’s Rajat Patidar, Mumbai’s batting depth and resilience, led by key performances from Suryakumar Yadav, Ajinkya Rahane, and Suryansh Shedge, allowed them to chase down the target of 175 in just 17.5 overs, securing their second SMAT title after 2022.

    12.Where has India’s first diabetes biobank been established?

    A) Mumbai

    B) New Delhi

    C) Chennai

    D) Bengaluru

    E) Hyderabad

    ANSWER AND EXPLANATION

    Answer Key:  Chennai

    Explanation:

    India’s first diabetes biobank has been established in Chennai, through a collaboration between the Indian Council of Medical Research (ICMR) and the Madras Diabetes Research Foundation (MDRF). This biobank will collect, process, store, and distribute biological samples for research into diabetes, its causes, variations, and related disorders, significantly contributing to scientific understanding and global health research.

  • 15th & 16th December 2024 Current Affairs Quiz

    15th & 16th December 2024 Current Affairs Quiz

    Test your knowledge with the latest quiz on current affairs from 15th & 16th December 2024! Stay updated and challenge yourself with key events and happenings around the world.

    1.Which three rivers are covered under the ‘Jalvahak’ Cargo Promotion Scheme launched by Union Minister Sarbananda Sonowal?

    A) Ganga, Yamuna, and Narmada

    B) Ganga, Brahmaputra, and Barak

    C) Godavari, Krishna, and Cauvery

    D) Indus, Sutlej, and Ravi

    E) Mahanadi, Tapti, and Sabarmati

    ANSWER AND EXPLANATION

    Answer key : B) Ganga, Brahmaputra, and Barak

    Explanation:

    The ‘Jalvahak’ Cargo Promotion Scheme launched by Union Minister Sarbananda Sonowal focuses on boosting cargo movement on National Waterways 1, 2, and 16, which cover the Ganga, Brahmaputra, and Barak rivers. These rivers are critical in facilitating the transportation of goods via inland waterways, promoting more sustainable and cost-effective logistics.

    2.What initiative has the National Highways Authority of India (NHAI) introduced to enhance road safety and ensure effective highway patrolling?

    A) Highway Safety Patrols

    B) Rajmarg Saathi Route Patrolling Vehicles

    C) National Highway Surveillance Program

    D) Smart Highway Monitoring System

    E) Road Safety Monitoring Units

    ANSWER AND EXPLANATION

    Answer Key:   B) Rajmarg Saathi Route Patrolling Vehicles

    Explanation: The National Highways Authority of India (NHAI) has introduced the ‘Rajmarg Saathi Route Patrolling Vehicles to improve road safety and highway patrolling. These vehicles are equipped with advanced communication tools and AI-powered video analytics, which help in monitoring and enhancing the safety of national highways effectively.

    3. Which company secured a Rs 136 crore contract to supply High Mobility Vehicles (HMVs) under the Battlefield Surveillance System (BFSS)?

    a) Tata Motors

    b) BEML Limited

    c) Mahindra & Mahindra

    d) Hindustan Aeronautics Limited (HAL)

    e) Bharat Forge

    ANSWER AND EXPLANATION

    Answer Key:  b) BEML Limited

    Explanation: BEML Limited secured a Rs 136 crore contract for supplying indigenously designed High Mobility Vehicles (HMVs) for the Battlefield Surveillance System (BFSS) project. These vehicles will enhance India’s defense capabilities.

    4.Where will India’s first Integrated Waste Management City and Learning Centre be established?

    a) Gorakhpur, Uttar Pradesh

    b) Bengaluru, Karnataka

    c) Raipur, Chhattisgarh

    d) Varanasi, Uttar Pradesh

    e) Ahmedabad, Gujarat

    ANSWER AND EXPLANATION

    Answer Key:   a) Gorakhpur, Uttar Pradesh

    Explanation: India’s first Integrated Waste Management City and Learning Centre will be established in Suthni village, Gorakhpur, Uttar Pradesh. The project aims to employ a circular economy model for waste management.

    5.Which country has decided to suspend the application of the ‘Most Favoured Nation’ (MFN) clause in its tax treaty with India, raising taxes on Indian companies operating there?

    A) Germany

    B) Switzerland

    C) France

    D) United Kingdom

    E) United States

    ANSWER AND EXPLANATION

    Answer Key:    B) Switzerland

    Explanation:

    Switzerland has decided to suspend the application of the ‘Most Favoured Nation’ (MFN) clause in its tax treaty with India. This move follows a 2023 Indian Supreme Court ruling that changed the interpretation of the MFN clause, leading Switzerland to impose a 10% withholding tax on dividends paid to Indian companies starting January 1, 2025, compared to the previous 5%.

    6.How many days will the Nikshay Niramay Chhattisgarh Abhiyan health campaign run?

    A) 50 days

    B) 75 days

    C) 100 days

    D) 120 days

    E) 150 days

    ANSWER AND EXPLANATION

    Answer Key:  C) 100 days

    Explanation:

    The Nikshay Niramay Chhattisgarh Abhiyan, launched by Chhattisgarh Chief Minister Vishnu Deo Sai, is a 100-day health campaign aimed at eradicating diseases like leprosy, tuberculosis (TB), and malaria in the state. The campaign will run from December 2024 until March 24, 2025, covering a duration of 100 days.

    7.Which Indian bank signed a Memorandum of Understanding (MoU) with the Commonwealth Bank of Australia (CBA) in December 2024 to enhance trade and business collaboration between Australia and India?

    A) HDFC Bank

    B) State Bank of India (SBI)

    C) Punjab National Bank (PNB)

    D) ICICI Bank

    E) Axis Bank

    ANSWER AND EXPLANATION

    Answer Key:   D) ICICI Bank

    Explanation:

    ICICI Bank Limited, one of India’s leading private sector banks headquartered in Mumbai, signed an MoU with the Commonwealth Bank of Australia (CBA) in December 2024. This partnership focuses on boosting trade and business collaboration, specifically in the Australia-India corridor, fostering economic ties between the two nations.

    8.For what purpose did the Asian Development Bank (ADB) and India’s National Bank for Financing Infrastructure Development (NaBFID) sign a Letter of Intent (LOI) in December 2024?

    A) Promoting renewable energy projects

    B) Increasing financing for India’s infrastructure sector

    C) Enhancing trade relations between India and neighboring countries

    D) Supporting small and medium enterprises (SMEs)

    E) Advancing digital banking technologies

    ANSWER AND EXPLANATION

    Answer Key:  B) Increasing financing for India’s infrastructure sector

    Explanation:

    In December 2024, the Asian Development Bank (ADB) and India’s National Bank for Financing Infrastructure Development (NaBFID) signed a Letter of Intent (LOI) to boost financing for India’s infrastructure sector. This collaboration aims to promote sustainable development by addressing India’s critical infrastructure needs, which include transportation, energy, and urban development projects.

    10.Up to how much has the Reserve Bank of India (RBI) raised the limit for collateral-free agricultural loans, effective from 1st January next year?

    A) ₹1 lakh

    B) ₹1.6 lakh

    C) ₹2 lakh

    D) ₹2.5 lakh

    E) ₹3 lakh

    ANSWER AND EXPLANATION

    Answer Key:  C) ₹2 lakh

    Explanation:

    The Reserve Bank of India (RBI) raised the limit for collateral-free agricultural loans from ₹1.6 lakh to ₹2 lakh. This decision, effective from 1st January next year, aims to provide greater financial access to farmers, particularly small and marginal ones, addressing the impact of inflation and high input costs. The increase will also enhance the uptake of Kisan Credit Card (KCC) loans, empowering farmers to invest more in agricultural operations.

    11.What is the name of the premium, women-focused credit card launched by BOBCARD?

    A) Crown Credit Card

    B) Sapphire Credit Card

    C) TIARA Credit Card

    D) Ruby Credit Card

    E) Elite Credit Card

    ANSWER AND EXPLANATION

    Answer Key:  ₹2,100

    Explanation:

    Delhi Chief Minister Arvind Kejriwal announced the Mukhya Mantri Mahila Samman Yojana, increasing the financial assistance for eligible women from ₹1,000 to ₹2,100 per month. This scheme aims to promote women’s financial empowerment and was introduced at a large gathering of AAP’s women supporters. The increase highlights the government’s commitment to improving financial support for women, particularly after the upcoming Delhi Assembly elections.

    11.For which festival did Arunachal Pradesh Chief Minister Pema Khandu unveil a new logo in December 2024?

    A) Hornbill Festival

    B) Eaglenest Bird Festival

    C) Mopin Festival

    D) Losar Festival

    E) Buddha Jayanti Festival

    ANSWER AND EXPLANATION

    Answer Key: Eaglenest Bird Festival

    Explanation:

    Arunachal Pradesh Chief Minister Pema Khandu unveiled the new logo for the 4th Edition of the Eaglenest Bird Festival in December 2024. This festival is scheduled to take place from January 17 to 19, 2025, at Khellong and Thongre village in West Kameng District, Arunachal Pradesh. The event highlights the region’s rich biodiversity and promotes sustainable eco-tourism. Additionally, a new cultural route, “Trail of His Holiness the Dalai Lama”, will be declared, adding a spiritual and historical dimension to the festival.

    12Who was honored with the prestigious honorary rank of ‘General of the Indian Army’ by President Droupadi Murmu?

    A)General Bipin Rawat

    B)General Ashok Raj Sigdel

    C)General Manoj Mukund Naravane

    D)General Purna Chandra Thapa

    E)General Prabhu Ram

    ANSWER AND EXPLANATION

    Answer Key:  General Ashok Raj Sigdel

    Explanation:

    President Droupadi Murmu awarded the prestigious honorary rank of ‘General of the Indian Army’ to Nepal’s Army Chief, General Ashok Raj Sigdel. The ceremony, held at Rashtrapati Bhavan, reflects the deep military ties between India and Nepal and the mutual respect shared by the two nations. This tradition of honoring Nepal’s Army Chief has been in place since 1950 and underscores the strong defense collaboration and friendly relations between the two countries.

    13.Which Indian film won the Transforming Society Short Film category at the 13th tve Global Sustainability Film Awards (GSFA)?

    A)The Kumbaya Story

    B)Dangal

    C)Lagaan

    D)Piku

    E)Barfi!

    ANSWER AND EXPLANATION

    Answer Key: The Kumbaya Story

    Explanation:

    The Indian film “The Kumbaya Story” won the Transforming Society Short Film category at the 13th tve Global Sustainability Film Awards (GSFA), held at the prestigious BAFTA venue in London. The film, produced by Kumbaya Producer Co. Ltd., showcases the journey of resilient women who transform their lives through the art of weaving. It also highlights the establishment of the Kumbaya Producer Company, which aims to empower women in sustainable ways.

    14.Which country has been awarded the 25th FIFA Men’s World Cup, scheduled to be held in 2034?

    A)Qatar

    B)Saudi Arabia

    C)France

    D)United States

    E)Brazil

    ANSWER AND EXPLANATION

    Answer Key:  Saudi Arabia

    Explanation:

    Saudi Arabia has been awarded the 25th FIFA Men’s World Cup, which will take place in 2034. The decision was made at the Extraordinary FIFA Congress held virtually on December 12, 2024, in Zurich, Switzerland. Saudi Arabia was the sole candidate for hosting the event. This will be the first time Saudi Arabia hosts the FIFA Men’s World Cup, and the matches will be played in 15 stadiums across five cities.

    15.What is the name of the portal launched by Union Minister of State Dr. Jitendra Singh on December 2024?

    A)Amrit Gyaan Kosh

    B)Karmayogi Bharat Portal

    C)Integrated Governance Portal

    D)SDG Knowledge Hub

    E)Digital India Gyaan Portal

    ANSWER AND EXPLANATION

    Answer Key: Amrit Gyaan Kosh

    Explanation:

    On December 2024, Union Minister of State Dr. Jitendra Singh launched the “Amrit Gyaan Kosh” Portal in New Delhi. The portal aims to strengthen governance and empower public administrators in India by creating a comprehensive knowledge base. The portal is part of the Integrated Government Online Training (IGOT) platform developed by the Capacity Building Commission (CBC) and Karmayogi Bharat. It curates best practices aligned with the Sustainable Development Goals (SDGs), covering themes such as health, education, agriculture, and digital governance.

    16.What is the name of the new ginger variety introduced by the Indian Council of Agricultural Research (ICAR) – Indian Institute of Spices Research (IISR) in December 2024?

    A)IISR Surasa

    B)IISR Shakti

    C)IISR Gold

    D)IISR Zingara

    E)IISR Indra

    ANSWER AND EXPLANATION

    Answer Key:  IISR Surasa

    Explanation:

    The Indian Council of Agricultural Research (ICAR) – Indian Institute of Spices Research (IISR) introduced IISR Surasa, India’s first ginger variety specifically designed for use as a vegetable, in December 2024. Developed through a farmers’ participatory breeding initiative, IISR Surasa aims to improve the yield and quality of ginger. The original rhizome for this variety was discovered by farmer John Joseph in Kodancherry, Kozhikode. It has a creamy golden center, low fiber content, and a 21% dry recovery rate, making it ideal for dry ginger production. The variety has the potential to yield up to 24.33 tons per hectare.

  • 14th December 2024 Current Affairs Quiz

    14th December 2024 Current Affairs Quiz

    Test your knowledge with the latest quiz on current affairs from 14th December 2024! Stay updated and challenge yourself with key events and happenings around the world.

    1.What is the primary purpose of the Divya Kala Mela, as organized by the Department of Empowerment of Persons with Disabilities (DEPwD) and the National Divyangjan Finance and Development Corporation (NDFDC)?

    A)To promote the art and crafts of all artisans in India.

    B)To celebrate the entrepreneurial spirit and talent of Divyang artisans and entrepreneurs.

    C)To showcase cultural diversity through traditional performances.

    D)To organize skill development workshops for all underprivileged communities.

    E)To distribute financial aid to rural entrepreneurs exclusively.

    ANSWER AND EXPLANATION

    Answer key :  To celebrate the entrepreneurial spirit and talent of Divyang artisans and entrepreneurs.

    Explanation:

    The Divya Kala Mela is a unique initiative specifically aimed at enhancing the visibility and economic independence of persons with disabilities (PwDs). By providing a platform for Divyang artisans and entrepreneurs, it highlights their entrepreneurial spirit and showcases their talents and products to a larger audience. This event is organized to empower PwDs economically and promote inclusivity.

    2.By what percentage did the Ministry of Education (MoE) increase the Material Cost for pulses, vegetables, and oil under the Pradhan Mantri Poshan Shakti Nirman (PM POSHAN) Scheme in December 2024?

    A)10.50%

    B)11.25%

    C)12.80%

    D)13.70%

    E)14.00%

    ANSWER AND EXPLANATION

    Answer Key:    13.70%

    Explanation:

    The Ministry of Education (MoE) announced a 13.70% increase in the Material Cost for pulses, vegetables, and oil under the PM POSHAN scheme. This decision was made to address rising inflation, as measured by the Labour Bureau based in Chandigarh, which operates under the Ministry of Labour and Employment (MOL&E). The increase ensures better nutrition delivery under the scheme in response to inflationary trends.

    3.The Union Cabinet approved a Memorandum of Understanding (MoU) between the Geological Survey of India (GSI) and which country’s research institute for enhancing landslide forecasting and Early Warning Systems (EWS) in December 2024?

    A)France

    B)Germany

    C)Italy

    D)Japan

    E)United Kingdom

    ANSWER AND EXPLANATION

    Answer Key:   Italy

    Explanation:

    The MoU has been signed between the Geological Survey of India (GSI), based in Kolkata, West Bengal, and Italy‘s Research Institute for Geo-Hydrological Protection (CNR-IRPI). The primary aim of this collaboration is to improve landslide forecasting and develop an Early Warning System (EWS), especially for India’s hilly regions that are vulnerable to landslides. Italy’s expertise in geo-hydrological protection will contribute significantly to India’s disaster preparedness efforts.

    4.Who has been named as TIME Magazine’s Person of the Year for 2024?

    A)Joe Biden

    B)Kamala Harris

    C)Donald Trump

    D)Elon Musk

    E)Vladimir Putin

    ANSWER AND EXPLANATION

    Answer Key:  Donald Trump

    Explanation:

    Donald Trump was selected as TIME Magazine’s Person of the Year for 2024, marking the second time he has received this recognition. The decision reflects Trump’s historic political comeback, highlighted by his victory in the November 5, 2024, election over Vice President Kamala Harris. TIME’s recognition underscores Trump’s significant role in reshaping the American presidency and his profound influence on both American politics and the global stage.

    5.Who visited India from the UAE to attend the 15th India-UAE Joint Commission Meeting and the Fourth UAE-India Strategic Dialogue in December 2024?

    A)Sheikh Mohammed bin Rashid Al Maktoum

    B)Sheikh Abdullah bin Zayed Al Nahyan

    C)Sheikh Khalifa bin Zayed Al Nahyan

    D)Sheikh Mohamed bin Zayed Al Nahyan

    E)Dr. Sultan Al Jaber

    ANSWER AND EXPLANATION

    Answer Key:  Sheikh Abdullah bin Zayed Al Nahyan

    Explanation:

    Sheikh Abdullah bin Zayed Al Nahyan, the UAE Deputy Prime Minister and Foreign Minister, visited India from December 11-13, 2024, to attend the 15th India-UAE Joint Commission Meeting and the Fourth UAE-India Strategic Dialogue. This visit aimed to further strengthen the Comprehensive Strategic Partnership between the two nations. A significant outcome of the visit was the signing of an MoU on Polar and Ocean Research between the Emirates Polar Mission Steering Committee (UAE) and National Centre for Polar and Ocean Research (NCPOR), Goa.

    6.With which country did India sign a Memorandum of Understanding (MoU) to implement Quick Impact Projects (QIPs) in December 2024?

    A)Bolivia

    B)Nicaragua

    C)Guatemala

    D)Honduras

    E)El Salvador

    ANSWER AND EXPLANATION

    Answer Key: Nicaragua

    Explanation:

    India signed an MoU with the Government of Nicaragua in December 2024 to implement Quick Impact Projects (QIPs). The agreement’s primary focus is to enhance socio-economic infrastructure in Nicaragua and strengthen the bilateral ties between the two nations. India and Nicaragua have shared cooperative relations since the establishment of diplomatic ties in March 1983, reflecting India’s commitment to global partnerships and development cooperation.

    7.What is the revised GDP growth projection for India for FY25 according to the Asian Development Bank (ADB) in its December 2024 report?

    A) 7.2%

    B) 6.8%

    C) 6.5%

    D) 7.0%

    E) 6.3%

    ANSWER AND EXPLANATION

    Answer Key:   6.5%

    Explanation:

    In its Asian Development Outlook (ADO) December 2024 report, the Asian Development Bank (ADB) revised India’s GDP growth projection for FY25 to 6.5%, down from its earlier estimate of 7%. This downward adjustment is due to lower-than-expected growth in the second quarter of FY25 (July-September), influenced by weak manufacturing performance and slow government spending. Additionally, the GDP growth for FY26 was revised to 7% from the previous 7.2%, citing sluggish housing demand and tight monetary policies aimed at controlling inflation.

    8.HSBC India collaborated with which company to launch the premium credit card ‘HSBC Privé’ in December 2024?

    A) Visa

    B) Rupay

    C) Mastercard

    D) American Express

    E) Discover

    ANSWER AND EXPLANATION

    Answer Key:   Mastercard

    Explanation:

    HSBC India partnered with Mastercard to launch ‘HSBC Privé’, a premium credit card exclusively designed for its Global Private Banking clients. The card primarily targets High-Net-Worth Individuals (HNWI) and Ultra-High-Net-Worth Individuals (UHNWI), including entrepreneurs, professionals, and families with investable assets exceeding USD 2 million. This collaboration underscores HSBC’s efforts to provide specialized financial products to cater to affluent clients’ exclusive needs.

    10.What is the primary aim of the LIC Golden Jubilee Scholarship Scheme 2024?

    A)To provide loans to small businesses

    B)To support students from economically weaker families for higher education

    C)To promote life insurance awareness among students

    D)To fund startups in the education sector

    E)To offer financial aid for school-level education

    ANSWER AND EXPLANATION

    Answer Key:  To support students from economically weaker families for higher education

    Explanation:

    The LIC Golden Jubilee Scholarship Scheme 2024, launched by the Life Insurance Corporation of India (LIC), aims to assist students from economically weaker families in accessing higher education. This scheme provides support to students pursuing studies in government and private universities, as well as those enrolled in technical, vocational, and integrated courses. The initiative focuses on empowering underprivileged students by enabling them to continue their education and build a brighter future.

    10.Under the Mukhya Mantri Mahila Samman Yojana, how much has the financial assistance been increased to for eligible women?

    A) ₹1,500

    B) ₹2,100

    C) ₹1,200

    D) ₹2,500

    E) ₹1,000

    ANSWER AND EXPLANATION

    Answer Key:  ₹2,100

    Explanation:

    Delhi Chief Minister Arvind Kejriwal announced the Mukhya Mantri Mahila Samman Yojana, increasing the financial assistance for eligible women from ₹1,000 to ₹2,100 per month. This scheme aims to promote women’s financial empowerment and was introduced at a large gathering of AAP’s women supporters. The increase highlights the government’s commitment to improving financial support for women, particularly after the upcoming Delhi Assembly elections.

    11.For which festival did Arunachal Pradesh Chief Minister Pema Khandu unveil a new logo in December 2024?

    A) Hornbill Festival

    B) Eaglenest Bird Festival

    C) Mopin Festival

    D) Losar Festival

    E) Buddha Jayanti Festival

    ANSWER AND EXPLANATION

    Answer Key: Eaglenest Bird Festival

    Explanation:

    Arunachal Pradesh Chief Minister Pema Khandu unveiled the new logo for the 4th Edition of the Eaglenest Bird Festival in December 2024. This festival is scheduled to take place from January 17 to 19, 2025, at Khellong and Thongre village in West Kameng District, Arunachal Pradesh. The event highlights the region’s rich biodiversity and promotes sustainable eco-tourism. Additionally, a new cultural route, “Trail of His Holiness the Dalai Lama”, will be declared, adding a spiritual and historical dimension to the festival.

    12Who was honored with the prestigious honorary rank of ‘General of the Indian Army’ by President Droupadi Murmu?

    A)General Bipin Rawat

    B)General Ashok Raj Sigdel

    C)General Manoj Mukund Naravane

    D)General Purna Chandra Thapa

    E)General Prabhu Ram

    ANSWER AND EXPLANATION

    Answer Key:  General Ashok Raj Sigdel

    Explanation:

    President Droupadi Murmu awarded the prestigious honorary rank of ‘General of the Indian Army’ to Nepal’s Army Chief, General Ashok Raj Sigdel. The ceremony, held at Rashtrapati Bhavan, reflects the deep military ties between India and Nepal and the mutual respect shared by the two nations. This tradition of honoring Nepal’s Army Chief has been in place since 1950 and underscores the strong defense collaboration and friendly relations between the two countries.

    13.Which Indian film won the Transforming Society Short Film category at the 13th tve Global Sustainability Film Awards (GSFA)?

    A)The Kumbaya Story

    B)Dangal

    C)Lagaan

    D)Piku

    E)Barfi!

    ANSWER AND EXPLANATION

    Answer Key: The Kumbaya Story

    Explanation:

    The Indian film “The Kumbaya Story” won the Transforming Society Short Film category at the 13th tve Global Sustainability Film Awards (GSFA), held at the prestigious BAFTA venue in London. The film, produced by Kumbaya Producer Co. Ltd., showcases the journey of resilient women who transform their lives through the art of weaving. It also highlights the establishment of the Kumbaya Producer Company, which aims to empower women in sustainable ways.

    14.Which country has been awarded the 25th FIFA Men’s World Cup, scheduled to be held in 2034?

    A)Qatar

    B)Saudi Arabia

    C)France

    D)United States

    E)Brazil

    ANSWER AND EXPLANATION

    Answer Key:  Saudi Arabia

    Explanation:

    Saudi Arabia has been awarded the 25th FIFA Men’s World Cup, which will take place in 2034. The decision was made at the Extraordinary FIFA Congress held virtually on December 12, 2024, in Zurich, Switzerland. Saudi Arabia was the sole candidate for hosting the event. This will be the first time Saudi Arabia hosts the FIFA Men’s World Cup, and the matches will be played in 15 stadiums across five cities.

    15.What is the name of the portal launched by Union Minister of State Dr. Jitendra Singh on December 2024?

    A)Amrit Gyaan Kosh

    B)Karmayogi Bharat Portal

    C)Integrated Governance Portal

    D)SDG Knowledge Hub

    E)Digital India Gyaan Portal

    ANSWER AND EXPLANATION

    Answer Key: Amrit Gyaan Kosh

    Explanation:

    On December 2024, Union Minister of State Dr. Jitendra Singh launched the “Amrit Gyaan Kosh” Portal in New Delhi. The portal aims to strengthen governance and empower public administrators in India by creating a comprehensive knowledge base. The portal is part of the Integrated Government Online Training (IGOT) platform developed by the Capacity Building Commission (CBC) and Karmayogi Bharat. It curates best practices aligned with the Sustainable Development Goals (SDGs), covering themes such as health, education, agriculture, and digital governance.

    16.What is the name of the new ginger variety introduced by the Indian Council of Agricultural Research (ICAR) – Indian Institute of Spices Research (IISR) in December 2024?

    A)IISR Surasa

    B)IISR Shakti

    C)IISR Gold

    D)IISR Zingara

    E)IISR Indra

    ANSWER AND EXPLANATION

    Answer Key:  IISR Surasa

    Explanation:

    The Indian Council of Agricultural Research (ICAR) – Indian Institute of Spices Research (IISR) introduced IISR Surasa, India’s first ginger variety specifically designed for use as a vegetable, in December 2024. Developed through a farmers’ participatory breeding initiative, IISR Surasa aims to improve the yield and quality of ginger. The original rhizome for this variety was discovered by farmer John Joseph in Kodancherry, Kozhikode. It has a creamy golden center, low fiber content, and a 21% dry recovery rate, making it ideal for dry ginger production. The variety has the potential to yield up to 24.33 tons per hectare.

  • 13th December 2024 Current Affairs Quiz

    13th December 2024 Current Affairs Quiz

    Test your knowledge with the latest quiz on current affairs from 13th December 2024! Stay updated and challenge yourself with key events and happenings around the world.

    1.What is the theme of the 10th World Ayurveda Congress and Arogya Expo 2024?

    A) Integrating Ayurveda with Modern Medicine

    B) Ayurveda for Global Health

    C) Digital Health – An Ayurveda Perspective

    D) Traditional Healing and Modern Technology

    E) Ayurveda in the 21st Century

    ANSWER AND EXPLANATION

    Answer key :    C) Digital Health – An Ayurveda Perspective

    Explanation:

    The theme for the 10th World Ayurveda Congress and Arogya Expo 2024 is “Digital Health – An Ayurveda Perspective.” This theme focuses on integrating modern technology with traditional Ayurvedic practices to enhance healthcare delivery, including advancements in telemedicine, mobile health apps, and wearable technology.

    2.The first India Maritime Heritage Conclave 2024 showcased India’s rich maritime legacy dating back to which period?

    A) Maurya Empire

    B) Gupta Empire

    C) Harappan Period

    D) Mughal Era

    E) British Colonial Period

    ANSWER AND EXPLANATION

    Answer Key:  C) Harappan Period

    Explanation:

    The first India Maritime Heritage Conclave 2024 showcased India’s rich maritime legacy, particularly highlighting the maritime history dating back to the Harappan period. This reflects the ancient maritime trade and naval expertise of India, which dates back thousands of years.

    3.Where was the intensified 100-day Tuberculosis (TB) elimination campaign launched in December 2024?

    A) New Delhi

    B) Panchkula

    C) Mumbai

    D) Bengaluru

    E) Kolkata

    ANSWER AND EXPLANATION

    Answer Key:  B) Panchkula

    Explanation:

    The intensified 100-day Tuberculosis (TB) elimination campaign was launched by Union Minister Jagat Prakash Nadda in Panchkula, Haryana, in December 2024. This campaign aims to accelerate efforts to eliminate TB in India and introduce national guidelines for the new drug-resistant TB regimen, BPALM.

    4.Which organization approved a $500 million financial intermediation loan on December 12, 2024, to support environmentally sustainable infrastructure development in India?

    A) World Bank

    B) International Monetary Fund (IMF)

    C) Asian Development Bank (ADB)

    D) Reserve Bank of India (RBI)

    E) Bank of India

    ANSWER AND EXPLANATION

    Answer Key: C) Asian Development Bank (ADB)

    Explanation:

    The Asian Development Bank (ADB) approved a $500 million financial intermediation loan on 12 December 2024 to support environmentally sustainable infrastructure development in India. The loan was provided to the India Infrastructure Finance Company Limited (IIFCL), with a sovereign guarantee from the Government of India.

    5.What is the loan range for the Baroda Mahila Swavalamban scheme launched by Bank of Baroda?

    A) ₹5 lakh to ₹50 lakh

    B) ₹10 lakh to ₹1 crore

    C) ₹20 lakh to ₹7.5 crore

    D) ₹1 crore to ₹5 crore

    E) ₹50 lakh to ₹3 crore

    ANSWER AND EXPLANATION

    Answer Key:  C) ₹20 lakh to ₹7.5 crore

    Explanation:

    The Baroda Mahila Swavalamban scheme, launched by Bank of Baroda, offers loans in the range of ₹20 lakh to ₹7.5 crore, aimed at empowering women entrepreneurs. This loan comes with competitive interest rates starting at 9.15%, linked to the Baroda Repo Linked Lending Rate (BRLLR).

    6.Which bank launched India’s first AI-powered holographic digital avatar featuring Amitabh Bachchan?

    A) HDFC Bank

    B) ICICI Bank

    C) IDFC FIRST Bank

    D) State Bank of India

    E) Axis Bank

    ANSWER AND EXPLANATION

    Answer Key:  C) IDFC FIRST Bank

    Explanation:

    IDFC FIRST Bank unveiled India’s first AI-powered holographic digital avatar featuring Amitabh Bachchan. The technology uses Holographic Extended Reality (HXR) to provide a personalized banking experience. The first device was launched at the bank’s Juhu branch in Mumbai, with plans for expansion across high footfall branches and strategic locations nationwide.

    7.What is the primary objective of the Him Bhog Atta scheme launched by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu?

    A) To provide financial assistance to farmers affected by natural disasters

    B) To promote natural farming using maize grown through natural farming methods

    C) To increase maize production through chemical farming methods

    D) To provide subsidies for maize seed procurement

    E) To support the export of maize to other countries

    ANSWER AND EXPLANATION

    Answer Key:  B) To promote natural farming using maize grown through natural farming methods

    Explanation:

    The Him Bhog Atta scheme’s primary objective is to promote natural farming by using maize cultivated through natural farming practices. The scheme focuses on procuring maize from farmers who practice natural farming, with plans to enroll more farmers in the Rajiv Gandhi Natural Farming Start-up Scheme, further encouraging sustainable agricultural practices in Himachal Pradesh.

    8.What is the primary purpose of the Urjaveer Scheme launched in Andhra Pradesh in December 2024?

    A) To promote the use of renewable energy sources for industrial development

    B) To encourage the use of energy-efficient appliances and support energy conservation

    C) To provide subsidies for the construction of solar power plants

    D) To distribute free electricity to households in rural areas

    E) To incentivize the export of green energy technology

    ANSWER AND EXPLANATION

    Answer Key:   B) To encourage the use of energy-efficient appliances and support energy conservation

    Explanation:

    The Urjaveer Scheme, launched by Union Minister Manohar Lal Khattar and Andhra Pradesh Chief Minister Nara Chandrababu Naidu, aims to promote the use of energy-efficient appliances. The scheme is implemented by Energy Efficiency Services Limited (EESL) and focuses on reducing energy consumption while offering economic benefits. Its broader goal is to transform Andhra Pradesh into a 100% green energy state, contributing to sustainable development and energy conservation.

    10.Who has been appointed as the ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI) under the provisions of Section 189(1)(c) of the Insolvency and Bankruptcy Code, 2016?

    A) Ravi Mital

    B) Vaibhav Chaturvedi

    C) Shyam Sundar

    D) R. Narayan

    E) Usha Thorat

    ANSWER AND EXPLANATION

    Answer Key:  B) Vaibhav Chaturvedi

    Explanation:

    Vaibhav Chaturvedi has been appointed as the ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI) under the provisions of Section 189(1)(c) of the Insolvency and Bankruptcy Code, 2016. He currently serves as the Chief General Manager (CGM), Credit Risk Regulation at the Reserve Bank of India (RBI). The IBBI is responsible for implementing the Insolvency and Bankruptcy Code (IBC), 2016, which promotes transparency, accountability, and efficiency in insolvency and bankruptcy processes.

    11.Who has been elected as the Secretary General of the Fencing Confederation of Asia (FCA) for a term of four years during the 37th FCA General Assembly held in Tashkent, Uzbekistan?

    A) Rajeev Mehta

    B) Rusni Abu Hassan

    C) Suresh K. Babu

    D) Dinesh Kumar

    E) Amit Gupta

    ANSWER AND EXPLANATION

    Answer Key:  A) Rajeev Mehta

    Explanation:

    Rajeev Mehta has been elected as the Secretary General of the Fencing Confederation of Asia (FCA) for a four-year term during the 37th FCA General Assembly held in Tashkent, Uzbekistan. He is the first Indian to hold this prestigious position, succeeding Rusni Abu Hassan of Malaysia. Prior to this, Rajeev Mehta served as the Secretary General of the Fencing Association of India (FCI), contributing significantly to the development of fencing in India.

    12.Who were the winners of the Nobel Prizes in Physics, Chemistry, and Literature in 2024?

    A) John Hopfield, Geoffrey Hinton, David Baker, Demis Hassabis, Han Kang

    B) John Hopfield, Geoffrey Hinton, David Baker, John Jumper, Han Kang

    C) John Hopfield, Geoffrey Hinton, David Baker, Demis Hassabis, Jon Fosse

    D) John Hopfield, Geoffrey Hinton, Pierre Agostini, Ferenc Krausz, Jon Fosse

    E) John Hopfield, Geoffrey Hinton, Moungi Bawendi, Louis Brus, Han Kang

    ANSWER AND EXPLANATION

    Answer Key:

    B) John Hopfield, Geoffrey Hinton, David Baker, John Jumper, Han Kang

    Explanation:

    The 2024 Nobel Prizes were awarded as follows:

    Physics: John Hopfield and Geoffrey Hinton for their work in artificial intelligence and neural networks.

    Chemistry: David Baker, Demis Hassabis, and John Jumper for their contributions to understanding protein folding and its applications.

    Literature: Han Kang for her exceptional literary contributions, especially in examining complex human emotions.

    13.Which Indian women were featured in the 12th edition of BBC’s 100 Most Inspiring and Influential Women List 2024?

    A) Aruna Roy, Vinesh Phogat, Pooja Sharma

    B) Aruna Roy, Saina Nehwal, Pooja Sharma

    C) Vinesh Phogat, Mary Kom, Pooja Sharma

    D) Aruna Roy, Vinesh Phogat, PV Sindhu

    E) Aruna Roy, Sakshi Malik, Pooja Sharma

    ANSWER AND EXPLANATION

    Answer Key:  A) Aruna Roy, Vinesh Phogat, Pooja Sharma

    Explanation:

    In the 12th edition of the BBC’s 100 Most Inspiring and Influential Women List 2024, the three Indian women featured are:

    Aruna Roy: Former civil servant and renowned social activist, known for her contribution to the Right to Information movement.

    Vinesh Phogat: A three-time Olympian and former wrestler, who later transitioned to politics.

    Pooja Sharma: Recognized for breaking societal barriers as a performer of funerary rites.

    14.Who was conferred the Indira Gandhi Prize for Peace, Disarmament, and Development for 2024, and what was the prize amount?

    A) Veronica Michelle Bachelet Jeria, Rs 25 lakh

    B) Ban Ki-moon, Rs 50 lakh

    C) Malala Yousafzai, Rs 25 lakh

    D) Angela Merkel, Rs 10 lakh

    E) Kofi Annan, Rs 30 lakh

    ANSWER AND EXPLANATION

    Answer Key:  A) Veronica Michelle Bachelet Jeria, Rs 25 lakh

    Explanation:

    Veronica Michelle Bachelet Jeria, former President of Chile, was awarded the Indira Gandhi Prize for Peace, Disarmament, and Development for 2024 in recognition of her outstanding contributions to human rights, peace, and equality. The prize includes a monetary award of Rs 25 lakh along with a citation.

    15.Which country successfully launched the Saman-1 Orbital Transfer Unit (OTU), Fakhr-1 nanosatellite, and an additional research payload into Low Earth Orbit (LEO) in December 2024?

    A) Iran

    B) India

    C) China

    D) Russia

    E) United States

    ANSWER AND EXPLANATION

    Answer Key:

    A) Iran

    Explanation:

    In December 2024, Iran successfully launched the Saman-1 Orbital Transfer Unit (OTU) and the Fakhr-1 nanosatellite, along with an additional research payload, into Low Earth Orbit (LEO). The launch was carried out using Iran’s domestically developed Simorgh Satellite Launch Vehicle (SLV) from the Imam Khomeini Space Launch Terminal in Tehran. This mission marked Iran’s 8th successful launch and set a national record for lifting a combined payload of 300 kg.

  • 12th December 2024 Current Affairs Quiz

    12th December 2024 Current Affairs Quiz

    Test your knowledge with the latest quiz on current affairs from 12th December 2024! Stay updated and challenge yourself with key events and happenings around the world.

     

    1.By which year is India planning to establish its own space station, the ‘Bharat Antariksha Station’?

    A) 2025

    B) 2030

    C) 2035

    D) 2040

    E) 2045

    ANSWER AND EXPLANATION

    Answer key :   C) 2035

    Explanation:

    India is planning to establish its own space station, the ‘Bharat Antariksha Station’, by 2035, as revealed by Dr. Jitendra Singh, the Minister of State for Science and Technology. This announcement highlights India’s ambitious goals in space exploration, including sending an astronaut to the moon by 2040.

    2.At which expo did Union Minister Nitin Gadkari speak about the goal of a self-reliant India and a 5-trillion-dollar economy?

    A) India International Trade Fair (IITF)

    B) bauma CONEXPO INDIA 2024

    C) Auto Expo 2024

    D) Renewable Energy Expo

    E) Smart Cities Expo

    ANSWER AND EXPLANATION

    Answer Key: B) bauma CONEXPO INDIA 2024

    Explanation:

    Union Minister Nitin Gadkari spoke about the goal of a self-reliant India and a 5-trillion-dollar economy during the inauguration of the 7th Edition of bauma CONEXPO INDIA 2024. The event, held at the India Expo Mart in Greater Noida, Gautam Buddh Nagar, focused on the role of world-class highway networks in driving India’s growth and development.

    3.By how many megawatts did India’s nuclear power generation capacity increase in 2024 compared to 2014?

    A) 2,000 MW

    B) 3,000 MW

    C) 4,000 MW

    D) 5,000 MW

    E) 6,000 MW

    ANSWER AND EXPLANATION

    Answer Key:  B) 3,000 MW

    Explanation:

    India’s nuclear power generation capacity increased by 3,000 megawatts from 4,780 MW in 2014 to 8,180 MW in 2024. This significant growth was highlighted by Union Minister Dr. Jitendra Singh during a session in the Lok Sabha, showcasing India’s advancements in nuclear energy as part of its broader energy strategy.

    4.What is the name of the express train connecting Dhaka (Bangladesh) and New Jalpaiguri (India)?

    A) Maitri Express

    B) Mitali Express

    C) Samjhauta Express

    D) Friendship Express

    E) Gandhi Express

    ANSWER AND EXPLANATION

    Answer Key:  B) Mitali Express

    Explanation:

    The Mitali Express is the prominent inter-country train that connects Dhaka in Bangladesh to New Jalpaiguri in India. It resumed operations after nearly five months of suspension due to political unrest in Bangladesh, marking a significant development in the restoration of rail services between the two countries.

    5.What change did the Reserve Bank of India (RBI) make regarding India’s GDP growth forecast for FY25 in the 5th Bi-Monthly Monetary Policy for FY24-25?

    A) Increased the GDP growth forecast to 7.5%

    B) Revised the GDP growth forecast down to 6.6%

    C) Left the GDP growth forecast unchanged at 7.2%

    D) Revised the GDP growth forecast up to 6.9%

    E) Revised the GDP growth forecast down to 6.2%

    ANSWER AND EXPLANATION

    Answer Key:   B) Revised the GDP growth forecast down to 6.6%

    Explanation:

    In the 5th Bi-Monthly Monetary Policy for FY24-25, the RBI revised India’s GDP growth forecast for FY25 down to 6.6%, compared to the earlier projection of 7.2%. This change reflects the impact of various economic factors on India’s growth trajectory.

    6.Deutsche Bank India provided a €91 million loan to which company in December 2024?

    A) SBI India

    B) SMFG India Credit Company Limited (SMICC)

    C) ICICI Bank

    D) Axis Bank

    E) HDFC Bank

    ANSWER AND EXPLANATION

    Answer Key: B) SMFG India Credit Company Limited (SMICC)

    Explanation:

    In December 2024, Deutsche Bank India provided a €91 million loan (approximately Rs 813 crore) to SMFG India Credit Company Limited (SMICC), a wholly-owned subsidiary of the Japan-based Sumitomo Mitsui Financial Group (SMFG). The loan is part of Deutsche Bank’s Sustainable Finance framework and aims to support MSMEs in India, particularly in underserved areas.

    7.Who was honored with the prestigious Rochdale Pioneers Award 2024, and which company is he associated with?

    A) Ratan Tata, associated with Tata Group

    B) Dr. Udai Shanker Awasthi, associated with IFFCO

    C) N. R. Narayana Murthy, associated with Infosys

    D) Shantanu Narayen, associated with Adobe

    E) Kumar Mangalam Birla, associated with Aditya Birla Group

    ANSWER AND EXPLANATION

    Answer Key:   B) Dr. Udai Shanker Awasthi, associated with IFFCO

    Explanation:

    Dr. Udai Shanker Awasthi, the Managing Director (MD) and Chief Executive Officer (CEO) of Indian Farmers Fertiliser Cooperative Limited (IFFCO), was honored with the prestigious Rochdale Pioneers Award 2024 by the International Cooperative Alliance (ICA) for his outstanding contributions to the cooperative sector in India.

    8.Who was elected as the President of Ghana for a second term in December 2024?

    A) Nana Akufo-Addo

    B) Mahamudu Bawumia

    C) John Dramani Mahama

    D) Jerry John Rawlings

    E) Kwame Nkrumah

    ANSWER AND EXPLANATION

    Answer Key:    C) John Dramani Mahama

    Explanation:

    John Dramani Mahama, the political leader of the National Democratic Congress (NDC), was elected as the President of Ghana for a second term in December 2024. He secured 60.9% of the votes in the presidential election, defeating Mahamudu Bawumia, the candidate from the New Patriotic Party (NPP).

    10.Who did Shammi Silva succeed as the President of the Asian Cricket Council (ACC) in December 2024?

    A) N Srinivasan

    B) Jay Shah

    C) Sourav Ganguly

    D) Shashank Manohar

    E) Ravi Shastri

    ANSWER AND EXPLANATION

    Answer Key:  B) Jay Shah

    Explanation:

    Shammi Silva was elected as the 29th President of the Asian Cricket Council (ACC) in December 2024. He succeeded Jay Shah, who became the Chairman of the International Cricket Council (ICC) on December 1, 2024.

    10.Who was appointed as the Festival Ambassador for the Arunachal Rang Mahotsav (ARM) 2024?

    A) Amitabh Bachchan

    B) Pankaj Tripathi

    C) Rajinikanth

    D) Shah Rukh Khan

    E) Ranbir Kapoor

    ANSWER AND EXPLANATION

    Answer Key:  B) Pankaj Tripathi

    Explanation:

    In 2024, renowned Indian actor Pankaj Tripathi was appointed as the Festival Ambassador for the Arunachal Rang Mahotsav (ARM) 2024. This festival is the largest international theatre festival in Northeast India, and the 2nd edition was held from 22nd November to 5th December 2024 in Itanagar, Arunachal Pradesh.

    11.Where was India’s first green hydrogen fueling station inaugurated in November 2024?

    A) Bengaluru, Karnataka

    B) Leh, Ladakh

    C) New Delhi

    D) Pune, Maharashtra

    E) Hyderabad, Telangana

    ANSWER AND EXPLANATION

    Answer Key:  B) Leh, Ladakh

    Explanation:

    India’s first green hydrogen fueling station was inaugurated in Leh, Ladakh, in November 2024. The station, developed by Amara Raja Infra Private Limited and commissioned for NTPC Limited, marks a significant step toward sustainable energy and green mobility in India.

    12.Who is among the recipients of the 2024 United Nations Environment Programme (UNEP) ‘Champions of the Earth’ award?

    A) Madhav Gadgil

    B) Ramesh Pokhriyal

    C) Nitin Gadkari

    D) Narendra Modi

    E) Amitabh Bachchan

    ANSWER AND EXPLANATION

    Answer Key:    A) Madhav Gadgil

    Explanation:

    Madhav Gadgil, the renowned Indian ecologist, has been chosen as one of the recipients of the prestigious 2024 UNEP ‘Champions of the Earth’ award. This award is given to individuals or organizations for their significant contributions to addressing global environmental challenges. Gadgil’s work in environmental conservation in India earned him this recognition.

    13.Where will the Khelo India Winter Games (KIWG) 2025 take place?

    A) Uttarakhand and Himachal Pradesh

    B) Ladakh and Jammu & Kashmir

    C) Jammu and Himachal Pradesh

    D) Sikkim and Arunachal Pradesh

    E) Ladakh and Nagaland

    ANSWER AND EXPLANATION

    Answer Key:  B) Ladakh and Jammu & Kashmir

    Explanation:

    The Khelo India Winter Games (KIWG) 2025 will take place in two distinct phases, with ice events scheduled in Ladakh from January 23–27, 2025, and snow events in Jammu & Kashmir from February 22–25, 2025. These locations were chosen to showcase India’s growing focus on winter sports.

  • 11th December 2024 Current Affairs Quiz

    11th December 2024 Current Affairs Quiz

    Test your knowledge with the latest quiz on current affairs from 11th December! Stay updated and challenge yourself with key events and happenings around the world.

    1.Which company has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT) to accelerate the growth of tech startups across India?

    A) Amazon

    B) Flipkart

    C) Microsoft

    D) Google

    E) Reliance Industries

    ANSWER AND EXPLANATION

    Answer key :  B) Flipkart

    Explanation:

    Flipkart has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT) to accelerate the growth of tech startups across India. This collaboration is aimed at supporting startups and driving innovation in India. Flipkart’s efforts include its own initiatives like Flipkart Leap and Ventures, which are supported by a $100 million fund. These programs are designed to provide resources and mentorship to tech startups in India, helping them scale and succeed in the competitive market.

    2.Which state launched the Mukhyamantri Paushtik Alpahar Yojana aimed at improving health, nutrition, and educational outcomes of students?

    A) Uttar Pradesh

    B) Madhya Pradesh

    C) Gujarat

    D) Rajasthan

    E) Maharashtra

    ANSWER AND EXPLANATION

    Answer Key:   C) Gujarat

    Explanation:

    The Mukhyamantri Paushtik Alpahar Yojana was launched by Bhupendra Patel, the Chief Minister of Gujarat, on December 2024. The scheme is aimed at improving the health, nutrition, and educational outcomes of students, particularly by providing nutritious breakfasts to students from Balvatika (pre-primary) to Grade 8. This initiative is aligned with the state’s vision of fostering a healthy and educated future generation and complements the Suposhit Gujarat Mission and Prime Minister Poshan Yojana (PM Midday Meal Scheme).

    3.According to S&P Global, what is the projected GDP growth rate for India in FY25?

    A) 5.4%

    B) 6.0%

    C) 6.8%

    D) 7.2%

    E) 6.6%

    ANSWER AND EXPLANATION

    Answer Key: C) 6.8%

    Explanation:

    S&P Global has maintained its GDP growth projection for India at 6.8% for FY25, despite the weaker-than-expected 5.4% growth in Q2FY25. This projection is supported by factors such as strong urban consumption, steady growth in the service sector, and ongoing infrastructure investments. Additionally, S&P anticipates a modest monetary policy easing by the Reserve Bank of India (RBI) in 2025, with a 50 basis points reduction in the repo rate. Despite the RBI lowering its own growth estimate to 6.6%, S&P remains optimistic about India’s economic outlook.

    4.Who was appointed as the new Governor of the Reserve Bank of India (RBI) on December 9, 2024?

    A) Shaktikanta Das

    B) Sanjay Malhotra

    C) Raghuram Rajan

    D) Urjit Patel

    E) D. Subbarao

    ANSWER AND EXPLANATION

    Answer Key:  B) Sanjay Malhotra

    Explanation:

    On December 9, 2024, Sanjay Malhotra, the Revenue Secretary in the Ministry of Finance, was appointed as the new Governor of the Reserve Bank of India (RBI). He took over from Shaktikanta Das, the second-longest serving RBI Governor. Sanjay Malhotra became the 26th Governor of the RBI.

    5.Who was nominated by US President-elect Donald Trump as the Assistant Attorney General for Civil Rights at the Department of Justice?

    A) Kamala Harris

    B) Harmeet Kaur Dhillon

    C) Neomi Rao

    D) Nikki Haley

    E) Preet Bharara

    ANSWER AND EXPLANATION

    Answer Key: B) Harmeet Kaur Dhillon

    Explanation:

    Harmeet Kaur Dhillon, an Indian-American lawyer, was nominated by US President-elect Donald Trump as the Assistant Attorney General for Civil Rights at the Department of Justice. Known for her strong advocacy of civil liberties, Dhillon has made bold statements on various issues and has a distinguished legal career.

    6.What was the ranking of IIT Delhi in the QS World University Rankings: Sustainability 2025?

    A) 426th

    B) 171st

    C) 150th

    D) 200th

    E) 100th

    ANSWER AND EXPLANATION

    Answer Key:  B) 171st

    Explanation: 

    IIT Delhi was ranked 171st globally in the QS World University Rankings: Sustainability 2025, marking a significant improvement from last year’s position of 426th, reflecting a remarkable jump of 255 ranks. It is recognized as the top Indian university in sustainability initiatives, excelling in areas like environmental impact, social responsibility, and governance.

     

    7.Which state topped in employability in the India Skills Report 2025?

    A) Maharashtra

    B) Kerala

    C) Tamil Nadu

    D) Karnataka

    E) Uttar Pradesh

    ANSWER AND EXPLANATION

    Answer Key: B) Kerala

    Explanation: 

    Kerala ranked fifth in the India Skills Report 2025, with an impressive 71% employability rate. The report highlights Kerala’s exceptional talent, workplace inclusivity, and effective education and skill development approach. While Kerala is a top performer, it is important to note that it did not top the list, as the ranking of the top state is not specified in the provided information. The report also discusses India’s global leadership in AI skills and how AI adoption is transforming workforce trends.

    8.With which country has India made a significant agreement to acquire an advanced long-range early warning radar system?

    A) United States

    B) Russia

    C) China

    D) France

    E) Israel

    ANSWER AND EXPLANATION

    Answer Key:  B) Russia

    Explanation:

    India is set to finalize a significant USD 4 billion agreement with Russia to acquire an advanced long-range early warning radar system from Russia’s Voronezh radar series. This deal is aimed at enhancing India’s air defence and missile detection capabilities. It also aligns with India’s strategic focus on the “Make in India” initiative, which emphasizes domestic manufacturing and technological advancement. The agreement highlights India-Russia defence cooperation.

    10.Which IIT has completed the 410-meter-long Hyperloop test track, a first-of-its-kind project in India?

    A) IIT Bombay

    B) IIT Kanpur

    C) IIT Madras

    D) IIT Delhi

    E) IIT Roorkee

    ANSWER AND EXPLANATION

    Answer Key:  C) IIT Madras

    Explanation:

    IIT Madras has completed a 410-meter-long Hyperloop test track, marking a significant achievement in India’s transportation sector. This project, developed by the Avishkar Hyperloop team at IIT Madras, is part of a collaboration with Indian Railways and TuTr, a startup incubated at IIT Madras. The Hyperloop technology, proposed by Elon Musk in 2012, involves high-speed travel through low-pressure tubes, drastically reducing air resistance and friction, with the potential to reach speeds over 1,000 km/h. This test track is a step toward realizing this futuristic transportation system in India.

    10.With which space agency has India collaborated for joint solar research missions involving Aditya L1 and Proba-3?

    A) NASA

    B) European Space Agency (ESA)

    C) Russian Space Agency (Roscosmos)

    D) Japan Aerospace Exploration Agency (JAXA)

    E) China National Space Administration (CNSA)

    ANSWER AND EXPLANATION

    Answer Key: B) European Space Agency (ESA)

    Explanation:

    India has collaborated with the European Space Agency (ESA) for joint solar research missions involving Aditya L1 and Proba-3. The two agencies plan synchronized observations starting in 2025 to study the Sun’s corona. Aditya L1, launched by India, has been operational since January 2024 from the Lagrange point (L1), 1.5 million km from Earth. Meanwhile, Proba-3, launched by ESA in December 2024, involves two satellites flying in formation to simulate a solar eclipse and facilitate detailed studies of the Sun’s corona. The missions use instruments like VELC (Aditya L1) and ASPIICS (Proba-3) for coronagraph-based observations. This collaboration underscores the importance of international efforts in advancing solar research.

    11.Where was the “GI & Beyond 2024” Summit held?

    A) Mumbai

    B) Bengaluru

    C) New Delhi

    D) Hyderabad

    E) Kolkata

    ANSWER AND EXPLANATION

    Answer Key:  C) New Delhi

    Explanation:

    The “GI & Beyond 2024” Summit was held in New Delhi on November 25, 2024. The summit was organized by the Office of the Development Commissioner for Handlooms and the Handloom Export Promotion Council (HEPC), aiming to showcase India’s Geographical Indication (GI) tagged handloom and handicraft products to a global audience. Union Minister Giriraj Singh inaugurated the event and distributed GI certificates to artisans from various parts of India. This event highlighted the importance of GI products in the global market.

    12.On which date is International Mountain Day observed?

    A) December 5

    B) December 7

    C) December 10

    D) December 11

    E) December 15

    ANSWER AND EXPLANATION

    Answer Key:   D) December 11

    Explanation:

    International Mountain Day is observed every year on December 11. Established by the United Nations (UN) in 2003, the day aims to raise awareness about the critical role mountains play in our environment. It emphasizes the importance of sustainable mountain development globally. Mountains are vital for biodiversity, climate regulation, and as a source of livelihood for millions of people around the world. The day highlights their significance and the need for their preservation.

  • 10th December 2024 Current Affairs Quiz

    10th December 2024 Current Affairs Quiz

    Test your knowledge with the latest quiz on current affairs from 10th December! Stay updated and challenge yourself with key events and happenings around the world.

    1.On December 9, 2024, the Supreme Court of India granted a permanent commission to which officer who had been unfairly denied benefits given to her male counterparts?

    A) Air Force Officer

    B) Navy Officer

    C) Army Dental Corps Officer

    D) Border Security Force Officer

    E) Indian Police Service Officer

    ANSWER AND EXPLANATION

    Answer key :   C) Army Dental Corps Officer

    Explanation:

    On December 9, 2024, the Supreme Court of India granted a permanent commission to a woman officer in the Army Dental Corps who had been unfairly denied the benefits provided to her male counterparts. The officer, commissioned in 2008, had been denied the opportunity for a third chance to apply for a permanent commission, unlike other officers. The Court ruled that her exclusion was discriminatory and set aside the decision made by the Armed Forces Tribunal (AFT), reinforcing its commitment to promoting gender equality in the armed forces.

    2.On December 7-8, 2024, which country unveiled the world’s largest gold bar, setting a new Guinness World Record?

    A) United States

    B) China

    C) India

    D) United Arab Emirates

    E) Germany

    ANSWER AND EXPLANATION

    Answer Key:    D) United Arab Emirates

     Explanation:

    The United Arab Emirates (UAE) unveiled the world’s largest gold bar on December 7-8, 2024, setting a new Guinness World Record. The gold bar weighed 300.12 kg (661 lb 10 oz) and was valued at approximately $25 million (₹211 crore). It was created by the Emirates Minting Factory, and the crafting process took 8 to 10 hours to complete.

    3.Which state in India has seen a concerning decline in its sex ratio at birth (SRB), now at 882 females per 1,000 males, down from 894 in 2022-23?

    A) Uttar Pradesh

    B) Bihar

    C) Madhya Pradesh

    D) Rajasthan

    E) Odisha

    ANSWER AND EXPLANATION

    Answer Key:  B) Bihar

    Explanation:

    Bihar has seen a concerning decline in its sex ratio at birth (SRB), now at 882 females per 1,000 males, down from 894 in 2022-23. This puts Bihar among the worst performers in India regarding child gender ratio. In response, the state government has taken urgent actions, including enforcing the Pre-Conception and Pre-Natal Diagnostic Techniques (PC-PNDT) Act and launching awareness campaigns to address female foeticide and promote gender equality.

    4.Which insurance company initiated the Bima Sakhi Yojana, launched by Prime Minister Narendra Modi on December 8, 2024, to empower women by integrating them into the insurance sector?

    A) ICICI Prudential Life Insurance

    B) HDFC Life Insurance

    C) Life Insurance Corporation (LIC)

    D) SBI Life Insurance

    E) Bajaj Allianz Life Insurance

    ANSWER AND EXPLANATION

    Answer Key:  C) Life Insurance Corporation (LIC)

    Explanation:

    The Bima Sakhi Yojana was launched by Prime Minister Narendra Modi on December 8, 2024, in Panipat, Haryana. This initiative is a transformative scheme aimed at empowering women by integrating them into the insurance sector. The scheme is spearheaded by Life Insurance Corporation (LIC), which will train and enroll women as career agents, providing them with financial independence while contributing to societal welfare.

    5.Which country built the INS Tushil, a Russian-built guided missile frigate commissioned into the Indian Navy on December 8, 2024?

    A) United States

    B) Russia

    C) France

    D) United Kingdom

    E) Japan

    ANSWER AND EXPLANATION

    Answer Key:  B) Russia

    Explanation:

    INS Tushil is a Russian-built guided missile frigate that was officially commissioned into the Indian Navy on December 8, 2024, at Kaliningrad, Russia. This vessel is part of India’s ongoing efforts to modernize its naval fleet and strengthen India-Russia naval cooperation. The commissioning ceremony was attended by prominent figures, including India’s Defence Minister Rajnath Singh and Chief of Naval Staff Admiral Dinesh K Tripathi. The ship’s Russian origin is a key aspect of this strategic defense collaboration between the two countries.

    6.Which Indian filmmaker received a Golden Globe nomination for Best Director (Motion Picture) for her film All We Imagine As Light?

    A) Zoya Akhtar

    B) Anurag Kashyap

    C) Payal Kapadia

    D) Meghna Gulzar

    E) Vishal Bhardwaj

    ANSWER AND EXPLANATION

    Answer Key: C) Payal Kapadia

    Explanation:

    Payal Kapadia made history as the first Indian director to receive a Golden Globe nomination for Best Director (Motion Picture). Her film, All We Imagine As Light, was also nominated for Best Motion Picture (Non-English Language) at the 82nd Golden Globe Awards. These nominations reflect a significant achievement for Indian cinema, highlighting Kapadia’s exceptional talent and global recognition as a filmmaker.

    7.Who has been honored as one of the Rising Star Women Leaders of Banking for 2024 by Women We Admire?

    A) Shikha Sharma

    B) Bharati Kolli

    C) Arundhati Bhattacharya

    D) Naina Lal Kidwai

    E) Chanda Kochhar

    ANSWER AND EXPLANATION

    Answer Key:  B) Bharati Kolli

    Explanation:

    Bharati Kolli, a 43-year-old woman from Vizianagaram district, Andhra Pradesh, has been recognized as one of the Rising Star Women Leaders of Banking for 2024 by Women We Admire. This prestigious recognition acknowledges her outstanding contributions to the banking sector, especially in data management. Currently, Bharati Kolli serves as the Director of the Data Management Office at the Industrial and Commercial Bank of China (ICBC) at its New York headquarters. Her leadership and expertise in this field have earned her significant accolades, inspiring many in the banking and financial services industry.

    8.In which year did the United Nations General Assembly adopt the Universal Declaration of Human Rights (UDHR)?

    A) 1945

    B) 1947

    C) 1948

    D) 1950

    E) 1952

    ANSWER AND EXPLANATION

    Answer Key:   C) 1948

    Explanation:

    The Universal Declaration of Human Rights (UDHR) was adopted by the United Nations General Assembly on December 10, 1948. This landmark declaration laid down the first comprehensive global framework of human rights, asserting fundamental freedoms and rights to which every person is entitled, regardless of their race, religion, gender, or nationality. The UDHR has since served as a foundation for the promotion of human rights worldwide, with World Human Rights Day celebrated annually on December 10 to honor its adoption and reaffirm the commitment to equality, freedom, and human dignity.

    10.Who became the youngest Indian to defeat a chess Grandmaster?

    A) Viswanathan Anand

    B) Aarit Kapil

    C) Rameshbabu Praggnanandhaa

    D) D Gukesh

    E) Arjun Erigaisi

    ANSWER AND EXPLANATION

    Answer Key:   B) Aarit Kapil

    Explanation:

    Aarit Kapil, a 9-year-old chess prodigy from Delhi, made history by becoming the youngest Indian to defeat a chess Grandmaster (GM). He achieved this remarkable feat during the ninth round of the KIIT International Open Tournament, where he triumphed over Raset Ziatdinov, a 66-year-old Grandmaster from the United States. Aarit accomplished this victory at the age of 9 years, 2 months, and 18 days, setting a new national record. He also became the third-youngest player globally to defeat a Grandmaster under classical time control, showcasing his immense talent and potential in the world of chess.

    10.Which Indian racing driver made history by becoming the first Indian to win the FIA Formula 2 (F2) Constructors’ World Championship?

    A) Jehan Daruvala

    B) Arjun Maini

    C) Kush Maini

    D) Karun Chandhok

    E) Narain Karthikeyan

    ANSWER AND EXPLANATION

    Answer Key:  C) Kush Maini

    Explanation:

    Kush Maini, an Indian racing driver, made history by becoming the first Indian to win the FIA Formula 2 (F2) Constructors’ World Championship. He secured this monumental victory with Invicta Racing, marking a remarkable achievement in the motorsport world. Earlier in the year, Maini had already made history by becoming the first Indian to claim an F2 pole position, showcasing his exceptional skills and talent. His success in the FIA Formula 2 reflects the growing presence and impact of Indian drivers in international motorsport

  • 8th December 2024 Current Affairs Quiz

    8th December 2024 Current Affairs Quiz

    Test your knowledge with the latest quiz on current affairs from 8th & 9th December 2024! Stay updated and challenge yourself with key events and happenings around the world.

    1.Where was the 11-ft tall statue of Sardar Vallabhbhai Patel unveiled by Union Home Minister Shri Amit Shah?

    A) Ahmedabad, Gujarat

    B) New Delhi, Delhi

    C) Jodhpur, Rajasthan

    D) Mumbai, Maharashtra

    E) Bhopal, Madhya Pradesh

    ANSWER AND EXPLANATION

    Answer key :     C) Jodhpur, Rajasthan

    Explanation:

    The 11-ft tall statue of Sardar Vallabhbhai Patel was unveiled by Union Home Minister Shri Amit Shah in Jodhpur, Rajasthan. The statue, weighing 1,100 kilograms and made from several metals, was placed on an 8-ft pedestal. During the unveiling ceremony, Shri Amit Shah emphasized Patel’s immense contributions to India’s unity and historical significance. This initiative is part of recognizing Patel’s legacy under the leadership of Prime Minister Narendra Modi.

    2.By how much percentage did the Organisation for Economic Co-operation and Development (OECD) revise India’s economic growth forecast for FY25?

    A) 0.1%

    B) 0.2%

    C) 0.3%

    D) 0.4%

    E) 0.5%

    ANSWER AND EXPLANATION

    Answer Key: B) 0.2%

    Explanation:

    The OECD revised India’s economic growth forecast for FY25 upwards by 20 basis points (bps), which is equivalent to 0.2%. The revised growth forecast for Financial Year 2024-25 (FY25) is now 6.8%, up from the previous estimate of 6.6%. This positive revision is largely due to increased public infrastructure spending and sustained growth in private consumption.

    3.Which state has the largest budget allocation for women’s cash transfers among Indian states, as per Goldman Sachs Global Research?

    A) Haryana

    B) Karnataka

    C) Maharashtra

    D) Uttar Pradesh

    E) Gujarat

    ANSWER AND EXPLANATION

    Answer Key:   C) Maharashtra

    Explanation:

    According to Goldman Sachs Global Research, Maharashtra has the largest budget allocation for women’s cash transfers among Indian states, with an allocation of USD 5.4 billion. This allocation represents 1.1% of the state’s GDP and is the highest among the nine Indian states with ongoing or proposed cash transfer schemes for women

    4.Which payment company announced a collaboration with the Ministry of Home Affairs (MHA) and the Indian Cyber Crime Coordination Centre (I4C) to enhance cybersecurity in India’s digital payments ecosystem in December 2024?

    A) Paytm

    B) Razorpay

    C) PhonePe

    D) Google Pay

    E) Amazon Pay

    ANSWER AND EXPLANATION

    Answer Key:   B) Razorpay

    Explanation:

    In December 2024, Razorpay, India’s first full-stack financial solutions company, announced a collaboration with the Ministry of Home Affairs (MHA) and the Indian Cyber Crime Coordination Centre (I4C) to enhance cybersecurity in India’s digital payments ecosystem. This partnership aims to provide cybersecurity awareness to businesses and end customers across India, complementing the government’s efforts to strengthen digital infrastructure.

    5.The Reserve Bank of India (RBI) has created the Secured Overnight Rupee Rate (SORR) as a new benchmark for which market?

    A) Equity Market

    B) Forex Market

    C) Interest Rate Derivatives Market

    D) Stock Market

    E) Commodity Market

    ANSWER AND EXPLANATION

    Answer Key:  C) Interest Rate Derivatives Market

    Explanation:

    The Reserve Bank of India (RBI) has introduced the Secured Overnight Rupee Rate (SORR) as a new benchmark specifically for the interest rate derivatives market. This initiative is aimed at enhancing the transparency, robustness, and reliability of financial benchmarks in India, aligning them with global standards. SORR will be based on actual secured money market transactions, including market repo and tri-party repo (TREPS), to reflect real market dynamics.

    6.What is the name of the AI-driven tool introduced by the Reserve Bank of India (RBI) to identify and flag mule bank accounts involved in illicit financial activities?

    A) FinDetect.AI

    B) MoneyGuard.AI

    C) FraudTracker.AI

    D) MuleHunter.AI

    E) BankSafe.AI

    ANSWER AND EXPLANATION

    Answer Key:  D) MuleHunter.AI

    Explanation:

    The Reserve Bank of India (RBI) introduced MuleHunter.AI, an advanced AI-driven tool developed through its Innovation Hub (RBIH). The tool is designed to identify and flag mule bank accounts that are linked to illicit financial activities, such as money laundering. This initiative aims to enhance the detection and prevention of online financial fraud, which accounts for a significant portion of cybercrime cases in India.

    7.How much did India’s billionaire count increase in 2024 according to the UBS Billionaire Ambitions Report?

    A) 15%

    B) 10%

    C) 20%

    D) 25%

    E) 30%

    ANSWER AND EXPLANATION

    Answer Key:   C) 20%

    Explanation:

    According to the UBS Billionaire Ambitions Report, India’s billionaire count in 2024 reached 185, reflecting a 20% increase from 153 in 2023. This growth has solidified India’s position as the third-largest billionaire hub globally, following the United States and China.

    8.India has secured which spot globally in corporate climate action according to the Science-Based Target Initiative (SBTI)?

    A) 4th

    B) 5th

    C) 6th

    D) 7th

    E) 8th

    ANSWER AND EXPLANATION

    Answer Key:

    1. C) 6th

     

    Explanation:

    India has secured the 6th spot globally in corporate climate action, with 127 companies committing to net-zero targets under the Science-Based Target Initiative (SBTI). This signifies an increasing awareness among Indian corporations regarding climate change, though high-emission sectors like power, energy, and cement still have room for improvement in adopting such goals.

    10.The Karmaveer Chakra Awards for 2024-25 were presented during the 13th edition of REX ConcLIVE. Who were the recipients of these awards?

    A) Politicians who contributed to global peace

    B) Individuals who made remarkable contributions to societal change

    C) Corporate leaders in the technology sector

    D) Environmental activists only

    E) Scientists and medical professionals

    ANSWER AND EXPLANATION

    Answer Key: B) Individuals who made remarkable contributions to societal change

    Explanation:

    The Karmaveer Chakra Awards for 2024-25 were presented to individuals who have made remarkable contributions to societal change through innovation and positive impact. The awards were given during the 13th edition of REX ConcLIVE, held on 25th-26th November 2024 in Noida, Uttar Pradesh.

    10.Who has been appointed as the acting secretary of the Board of Control for Cricket in India (BCCI)?

    A) Roger Binny

    B) Jay Shah

    C) Devajit Saikia

    D) Sourav Ganguly

    E) Rahul Dravid

    ANSWER AND EXPLANATION

    Answer Key: C) Devajit Saikia

    Explanation:

    Devajit Saikia, a former cricketer from Assam, has been appointed as the acting secretary of the Board of Control for Cricket in India (BCCI). This appointment fills the vacancy left by Jay Shah, who transitioned to the role of International Cricket Council (ICC) chairman. The decision was made by BCCI president Roger Binny, and Saikia’s appointment is considered temporary until a permanent secretary is appointed as per the BCCI’s constitution.

    11.Who has been appointed as the Brand Ambassador of RBL Bank Limited in November 2024?

    A) Viswanathan Anand

    B) D Gukesh

    C) Magnus Carlsen

    D) P. Harikrishna

    E) Levon Aronian

    ANSWER AND EXPLANATION

    Answer Key: B) D Gukesh

    Explanation:

    In November 2024, RBL Bank Limited (formerly Ratnakar Bank Limited) appointed D Gukesh, the Indian Chess Grandmaster, as its Brand Ambassador. Gukesh is known for his exceptional performance in international chess tournaments, and his appointment reflects the bank’s commitment to promoting talent and intellectual excellence.

    12.Which company was ranked as the top global arms producer in the SIPRI Report 2023?

    A) Lockheed Martin

    B) Raytheon Technologies

    C) Northrop Grumman

    D) Boeing

    E) General Dynamics

    ANSWER AND EXPLANATION

    Answer Key:   A) Lockheed Martin

    Explanation:

    According to the SIPRI Report 2023, Lockheed Martin (USA) was ranked as the top global arms producer with a revenue of USD 60.81 billion. This was the highest among all companies listed in the report, underscoring its dominance in the global defense industry.

    13.For which mission have the Indian astronauts Group Captain Shubhanshu Shukla and Group Captain Prasanth Balakrishnan Nair been selected?

    A) Chandrayaan-3

    B) Mars Orbiter Mission

    C) Axiom Mission 4 (Ax-4)

    D) Gaganyaan Mission

    E) Aditya-L1 Mission

    ANSWER AND EXPLANATION

    Answer Key:   C) Axiom Mission 4 (Ax-4)

    Explanation:

    The two Indian astronauts, Group Captain Shubhanshu Shukla (prime) and Group Captain Prasanth Balakrishnan Nair (backup), have been selected for the upcoming Axiom Mission 4 (Ax-4) to the International Space Station (ISS). This mission is a part of India’s participation in space exploration, with these astronauts referred to as Gaganyatris. The initial training phase for both astronauts was successfully completed in November 2024, and they are undergoing further preparations for the mission.

    14.Which country won the Bangladesh U-19 Asia Cup title in 2024?

    A) India

    B) Sri Lanka

    C) Pakistan

    D) Bangladesh

    E) Afghanistan

    ANSWER AND EXPLANATION

    Answer Key:  D) Bangladesh

    Explanation:

    In the thrilling final of the 2024 Bangladesh U-19 Asia Cup, Bangladesh successfully retained their title by defeating India by 59 runs. Despite early breakthroughs by India’s bowlers, Bangladesh’s middle-order performances set a challenging target of 199 runs. India was unable to chase the target and was bowled out for 139 in 35.2 overs, handing Bangladesh the victory. This triumph marked Bangladesh’s continued success in the U-19 Asia Cup.

     

    15.Who won the Abu Dhabi Grand Prix in 2024, securing McLaren’s first Constructors’ Championship since 1998?

    A) Max Verstappen

    B) Lewis Hamilton

    C) Lando Norris

    D) Charles Leclerc

    E) Sergio Perez

    ANSWER AND EXPLANATION

    Answer Key:   C) Lando Norris

    Explanation:

    In the dramatic 2024 Abu Dhabi Grand Prix, Lando Norris claimed victory, which was crucial in helping McLaren win their first Constructors’ Championship since 1998. The race was filled with incidents, penalties, and emotional moments as drivers fought fiercely, but Norris’ stellar performance at the season finale ensured McLaren’s success. His win marked a significant milestone for the team and solidified his place in Formula 1 history.

    16.Who won the 2024 Formula 1 Qatar Grand Prix held at the Lusail International Circuit?

    A) Lewis Hamilton

    B) Sergio Perez

    C) Max Verstappen

    D) Charles Leclerc

    E) Lando Norris

    ANSWER AND EXPLANATION

    Answer Key:   C) Max Verstappen

    Explanation:

    Max Verstappen of Red Bull won the 2024 Formula 1 Qatar Grand Prix held at the Lusail International Circuit in Qatar. This victory marked his 9th win of the season and the 63rd of his career, further cementing his dominance in the 2024 season. Verstappen’s consistent performance has been a key factor in his success in the F1 championship.

    17.The book ‘Loh Purush Sardar Vallabhbhai Patel Ka Jeevanvrit’, released by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, provides an in-depth exploration of which historical figure?

    A) Jawaharlal Nehru

    B) Subhas Chandra Bose

    C) Sardar Vallabhbhai Patel

    D) Bhagat Singh

    E) Mahatma Gandhi

    ANSWER AND EXPLANATION

    Answer Key:  C) Sardar Vallabhbhai Patel

    Explanation:

    The book ‘Loh Purush Sardar Vallabhbhai Patel Ka Jeevanvrit’ was authored by Rakesh Kumar Sharma and released by Sukhvinder Singh Sukhu, the Chief Minister of Himachal Pradesh, in November 2024. The book delves into the life and contributions of Sardar Vallabhbhai Patel, one of India’s most prominent leaders, known for his crucial role in the freedom struggle and his pivotal contribution to the nation’s unity and integration post-independence.

    18.International Anti-Corruption Day is observed globally on which date each year?

    A) December 10

    B) December 7

    C) December 9

    D) December 5

    E) December 12

    ANSWER AND EXPLANATION

    Answer Key:  C) December 9

    Explanation:

    International Anti-Corruption Day is observed on December 9 each year. The day is dedicated to raising awareness about the harmful effects of corruption and promoting the values of transparency, accountability, and integrity in governance and society. The observance encourages individuals, governments, and organizations to take action against corruption and work towards fostering more honest and equitable societies.