Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 09th January 2025. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2025 & other competitive exams can make use of these Current Affairs Quiz.
1) In which year did the Reserve Bank of India announce the release of draft formats for cooperative banks’ financial statements?
(a) 1981
(b) 1982
(c) 1980
(d) 1983
(e) 1985
2) How many lakh has Stockholding Services been fined by the Securities and Exchange Board of India (SEBI) for breaking regulatory standards?
(a) Rs.8lakh
(b) Rs.9lakh
(c) Rs.7lakh
(d) Rs.6lakh
(e) Rs.10lakh
3) How many basis points did the Reserve Bank of India (RBI) cut the Cash Reserve Ratio (CRR) in two equal tranches last month, but the banking system is still experiencing liquidity issues?
(a) 20
(b) 15
(c) 25
(d) 30
(e) 10
4) Recently, the International Financial Services Centre Authority (IFSCA) will soon issue regulations for KYC Registration Agencies (KRAs) within the International Financial Services Centre (IFSC). How many million dollars must the applicant’s net worth have been?
(a) $1.0million
(b) $0.5million
(c) $1.5million
(d) $2.0million
(e) $2.5million
5) Recently(Jan’25), The Mutual Funds Lite Framework was introduced by the Securities and Exchange Board of India in an attempt to promote passive fund schemes. What is the minimum number of years of combined experience that key personnel possess?
(a) 10
(b) 15
(c) 12
(d) 20
(e) 25
6) For the first time since the TDP-led NDA government took power in the state, Prime Minister Narendra Modi is scheduled to travel to Andhra Pradesh. Out of the following, which pair is matched incorrectly?
(a) NTPC Green Hydrogen Hub – 20 GW renewable energy.
(b) South Coast Railway Zone (SCoR) Headquarters- Investment of ₹159 crore.
(c) Bulk Drug Park – Located in Anakapalle district
(d) Krishnapatnam Industrial Area (KRIS City)- It is the Part of the Chennai-Bengaluru Industrial Corridor.
(e) Road and Railway Projects- Value of ₹19,500 crore.
foreign ETFs.
7) The e-Shram Portal’s multilingual functionality is launched by Union Minister Dr. Mansukh Mandaviya. Every Scheduled Language is now accessible through the portal. Previously, how many languages were available?
(a) 3
(b) 4
(c) 2
(d) 5
(e) 6
8) Recently, the 18th Pravasi Bharatiya Divas (PBD) festivities in Bhubaneswar have begun. With business executives, academics, economists, and philosophers from how many nations among the attendees, is this a momentous occasion for New Delhi to deepen its ties with the Indian community around the world?
(a) 70
(b) 72
(c) 75
(d) 78
(e) 71
9) Which folk music is recognized as an Intangible World Cultural Heritage by the United Nations
Educational, Scientific, and Cultural Organization?
(a) Sevdalinka
(b) Lankum
(c) Bluegrass
(d) Pyatnitsky
(e) Sitsiritsit
10) How much money will India Infrastructure Finance Company Ltd. (IIFCL) raise in January month through External Commercial Borrowing (ECB), as stated by Managing Director P. R. Jaishankar’s confirmation?
(a) $100million
(b) $150million
(c) $200million
(d) $250million
(e) $300million
11) Over the next two years, Microsoft plans to invest US $3 billion in India, according to CEO and Chairman Satya Nadella. Which year is the new goal to train 10 million Indians?
(a) 2028
(b) 2026
(c) 2030
(d) 2032
(e) 2029
12) During Krushi Odisha 2025, the Directorate of Horticulture, Odisha, and Palladium Consulting India Pvt Ltd signed 11 Memorandums of Understanding with exporters in the private sector. How many interactions between farmers and scientists and technical sessions are there?
(a) 11
(b) 12
(c) 13
(d) 14
(e) 15
13) The Academy of Motion Picture Arts and Sciences has declared 323 feature films that are eligible for the 2025 Oscars. How many Indian films have been eradicated from the 207 Best Picture finalists?
(a) 5
(b) 6
(c) 7
(d) 8
(e) 9
14) Which bank has appointed Baldev Prakash as its Group Chief Risk Officer and Deputy Managing Director?
(a) Canara Bank
(b) State Bank of India
(c) Indian Bank
(d) Bank of Baroda
(e) Punjab & National Bank
15) With effect from January 14, 2024, who has been named the new Chairman and Space Secretary of the Indian Space Research Organization (ISRO)?
(a) V. Narayanan
(b) K. Karthikeyan
(c) S. Arun Kumar
(d) M. Sampath
(e) P. Chandrasekaran
16) Which nation announced a collaboration with India to jointly manufacture sonobuoys for Undersea Domain Awareness (UDA), a technology essential for tracking submarines in oceans and deep seas?
(a) USA
(b) China
(c) Japan
(d) Russia
(e) France
17) The first industry-developed satellites for space docking were constructed as part of the Space Docking Experiment (SpaDeX), which was overseen by engineers from the Indian Space Research Organization (ISRO).India’s internal “Bharatiya Docking System” made it the _____ nation to accomplish space docking.
(a) 3rd
(b) 4th
(c) 5th
(d) 6th
(e) 2nd
18) Recently,the Competition Commission of India authorized CA Carob Investments’ purchase of up to what percentage of Roop Automotives Limited?
(a) 68.9%
(b) 66.9%
(c) 67.9%
(d) 69.9%
(e) 65.9%
19) How many Special Purpose Vehicles (SPVs) that own renewable power generation plants, as well as the holding companies of specific SPVs, have been approved for acquisition by Gentari Renewables India Private Limited by the Competition Commission of India (CCI)?
(a) 20
(b) 21
(c) 22
(d) 23
(e) 24
20) Recently, the Hindu’s veteran sports writer T.R. Ranganathan passed away. Which year did he retire as assistant editor?
(a) 1994
(b) 1995
(c) 1996
(d) 1997
(e) 1993
Answers :
1) Answer: A
Short Explanation:
The Reserve Bank of India (RBI) stated that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the last working day of the year in the Forms set out in the Third Schedule of the Banking Regulation Act, 1949.
These forms were notified in 1981.
Detailed Explanation:
The Reserve Bank of India (RBI) stated that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the last working day of the year in the Forms set out in the Third Schedule of the Banking Regulation Act, 1949.
These forms were notified in 1981.
Since then, there have been several developments in the financial market as well as accounting standards and practices.
The Reserve Bank has, accordingly, undertaken a comprehensive review of the formats of the financial statements of the co-operative banks and has released draft formats of the revised Forms and their schedules together with instructions for the compilation of the balance sheet and profit and loss account.
2) Answer: B
Short Explanation:
The Securities and Exchange Board of India (SEBI) has imposed a ₹9 lakh penalty on Stockholding Services for violating regulatory norms.
The violations were identified during Sebi’s thematic inspection conducted between April 2022 and June 2023.
Detailed Explanation:
The Securities and Exchange Board of India (SEBI) has imposed a ₹9 lakh penalty on Stockholding Services for violating regulatory norms.
The violations were identified during Sebi’s thematic inspection conducted between April 2022 and June 2023.
KYC Verification Lapses: There were lapses in the Know Your Customer (KYC) verification process.
Bank Account Mismatch: There was a mismatch in bank account details.
Margin Requirement Issues: Inadequate systems were found to ensure margin requirements were proportional to the client’s declared income proof.
Additional Issues:Mapping of Unique Client Codes (UCCs): Multiple UCCs were mapped to a single common email ID or mobile number.
3) Answer: C
Short Explanation:
The banking system is facing liquidity tightness despite the Reserve Bank of India (RBI) reducing the Cash Reserve Ratio (CRR) in two equal tranches of 25 basis points each last month.
In the first Variable Rate Repo (VRR) auction of 2025, banks placed bids aggregating ₹92,670 crore for funds, against the notified ₹50,000 crore.
Detailed Explanation:
The banking system is facing liquidity tightness despite the Reserve Bank of India (RBI) reducing the Cash Reserve Ratio (CRR) in two equal tranches of 25 basis points each last month.
In the first Variable Rate Repo (VRR) auction of 2025, banks placed bids aggregating ₹92,670 crore for funds, against the notified ₹50,000 crore.
The RBI accepted ₹50,007 crore at a weighted average rate (WAR) of 6.57%.
RBI’s Forex Market Intervention: The liquidity tightness is attributed to the RBI’s intervention in the foreign exchange market, specifically through dollar sales to curb volatility in the rupee.
Dollar sales by the RBI lead to a reduction in rupee liquidity.
Widening Liquidity Deficit: As of January 6, 2025, the system’s liquidity deficit widened to ₹97,800 crore, indicating continued liquidity pressure despite previous efforts to ease it.
4) Answer: A
Short Explanation:
The International Financial Services Centre Authority (IFSCA) will soon issue regulations for KYC Registration Agencies (KRAs) in the International Financial Services Centre (IFSC).
The applicant must have a minimum net worth of $1 million (compared to SEBI’s ₹25 crore requirement).
The PO should have at least 5 years of experience in financial markets.
Detailed Explanation:
The International Financial Services Centre Authority (IFSCA) will soon issue regulations for KYC Registration Agencies (KRAs) in the International Financial Services Centre (IFSC).
Consultation Paper: In December 2024, IFSCA published a consultation paper seeking public comments on the Draft IFSCA Regulations, 2024 (IFSC KRA Regulations), which lay out a framework for KRAs in the IFSC.
Objective of IFSC KRA Regulation: The regulation aims to:
Establish a centralised platform for streamlined KYC verification.
Reduce duplication, enhance compliance, and promote interoperability with SEBI KRAs and international best practices.
Eligibility Criteria for KRAs:The proposed regulations allow the following entities to register as KRAs:
Wholly-owned subsidiaries of recognized stock exchanges
Depositories
SEBI-registered KRAs (both domestic and international).
The applicant must have a minimum net worth of $1 million (compared to SEBI’s ₹25 crore requirement).
The PO should have at least 5 years of experience in financial markets.
5) Answer: D
Short Explanation:
Capital markets regulator Securities and Exchange Board of India (SEBI) announced the introduction of the Mutual Funds Lite (MF Lite) framework to ease the compliance process for companies launching passively managed mutual fund schemes.
Eligibility Criteria for Sponsors:Minimum of 20 years of collective experience for key personnel.
Detailed Explanation:
Capital markets regulator Securities and Exchange Board of India (SEBI) announced the introduction of the Mutual Funds Lite (MF Lite) framework to ease the compliance process for companies launching passively managed mutual fund schemes.
Applicability: The MF Lite framework applies to passive schemes, including:
Index funds
Exchange Traded Funds (ETFs)
Funds of Funds (FOFs)
Regulation Amendments: SEBI amended its Mutual Fund Regulation (1996) to incorporate MF Lite rules, which will take effect from March 16, 2025.
Eligibility Criteria for Sponsors:Minimum of 20 years of collective experience for key personnel.
Private equity funds can sponsor MF Lite companies under specific conditions.
AUM Cap:An asset management cap of ₹5,000 crore or more will apply to passive schemes based on domestic equity indices, G-sec-based debt funds, gold and silver ETFs, and some foreign ETFs.
6) Answer: B
Prime Minister Narendra Modi is set to visit Andhra Pradesh, marking his first trip since the TDP-led NDA government took office in the state.
Major Project Announcements
NTPC Green Hydrogen Hub
Location:Pudimadaka, Atchutapuram mandal, Anakapalle district.
Investment: ₹1.85 lakh crore.
Capacity:20 GW renewable energy.
South Coast Railway Zone (SCoR) Headquarters
Location: Visakhapatnam.
Investment: ₹149 crore.
Bulk Drug Park
Location:Nakkapalli, Anakapalle district.
Investment: ₹1,438.89 crore.
Krishnapatnam Industrial Area (KRIS City)
Location: Tirupati district.
Investment: ₹10,500 crore.
Significance:
Part of the Chennai-Bengaluru Industrial Corridor.
Envisioned as a greenfield smart industrial city, expected to generate nearly 1 lakh direct and indirect jobs.
Road and Railway Projects
Value: ₹19,500 crore.
7) Answer: B
Short Explanation:
Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, launched the multilingual functionality of the e-Shram portal in New Delhi.
This upgrade, part of the government’s vision to make e-Shram a ‘One-Stop-Solution’, will now support 22 Scheduled Languages, broadening its accessibility across India.
Previously, it was accessible only in English, Hindi, Kannada, and Marathi.
Detailed Explanation:
Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, launched the multilingual functionality of the e-Shram portal in New Delhi.
This upgrade, part of the government’s vision to make e-Shram a ‘One-Stop-Solution’, will now support 22 Scheduled Languages, broadening its accessibility across India.
Previously, it was accessible only in English, Hindi, Kannada, and Marathi.
Target Group: Unorganised workers across India.
Registration Growth: The portal records an average of 30,000 registrations per day by unorganised workers.
Government Schemes: The platform facilitates access to 12 central government schemes designed to benefit unorganised workers.
8) Answer: C
Short Explanation:
The 18th Pravasi Bharatiya Divas (PBD) commenced on January 8th, in Bhubaneswar, Odisha, with around 6,000 non-resident Indians (NRIs) participating.
These attendees include business leaders, academicians, economists, and philosophers from 75 countries, marking a significant occasion for New Delhi to strengthen its relationship with the global Indian community.
Theme: The theme for the 2025 PBD Convention is “Diaspora’s Contribution to a Viksit Bharat” (Developed India).
Detailed Explanation:
The 18th Pravasi Bharatiya Divas (PBD) commenced on January 8th, in Bhubaneswar, Odisha, with around 6,000 non-resident Indians (NRIs) participating.
These attendees include business leaders, academicians, economists, and philosophers from 75 countries, marking a significant occasion for New Delhi to strengthen its relationship with the global Indian community.
Theme: The theme for the 2025 PBD Convention is “Diaspora’s Contribution to a Viksit Bharat” (Developed India).
Pravasi Bharatiya Express Launch: PM Modi will also launch the Pravasi Bharatiya Express, a special tourist train designed for the Indian diaspora, as part of the Pravasi Teertha Darshan Yojana. This initiative offers diaspora members the chance to visit India’s spiritual and cultural destinations.
9) Answer: A
Short Explanation:
In December, 2024 United Nations Educational, Scientific and Cultural Organization (UNESCO) added Sevdalinka(also known as Sevdah) to its list of intangible world cultural heritage.
Sevdalinka is a traditional folk music genre that dates back to the 16th-century Ottoman Empire.
The music is often referred to as the “Balkan Blues” due to its focus on sad love songs.
Detailed Explanation:
In December, 2024 United Nations Educational, Scientific and Cultural Organization (UNESCO) added Sevdalinka(also known as Sevdah) to its list of intangible world cultural heritage.
Sevdalinka is a traditional folk music genre that dates back to the 16th-century Ottoman Empire.
The music is often referred to as the “Balkan Blues” due to its focus on sad love songs.
The inclusion of Sevdalinka in UNESCO’s heritage list is seen as a victory for musicians and performers, helping to preserve the art form.
Sevdalinka is often performed a capella or with traditional instruments, such as the lute, and has been passed down generationally through performances at family gatherings.
10) Answer: C
Short Explanation:
India Infrastructure Finance Company Ltd (IIFCL) will raise $200 million through External Commercial Borrowing (ECB) this month, confirmed Managing Director P. R. Jaishankar.
Plans to raise ₹8,000 crore from borrowings, including overseas institutions, during Q4 of FY2024 (January-March quarter).
Total borrowing target for FY2024 is ₹29,000 crore.
Detailed Explanation:
India Infrastructure Finance Company Ltd (IIFCL) will raise $200 million through External Commercial Borrowing (ECB) this month, confirmed Managing Director P. R. Jaishankar.
Plans to raise ₹8,000 crore from borrowings, including overseas institutions, during Q4 of FY2024 (January-March quarter).
Total borrowing target for FY2024 is ₹29,000 crore.
75% of the target has been raised in the first three quarters; the remaining 25% will be mobilized in Q4.
$600 million secured with the Asian Development Bank (ADB) and Korean Exim Bank to broaden the investor base and reduce borrowing costs.
First tranche of $200 million expected this fiscal; the remainder likely in FY2025-26.
11) Answer: C
Short Explanation:
Satya Nadella, Chairman and CEO of Microsoft, revealed the company’s plan to invest US $3 billion in India over the next two years.
This investment will focus on cloud and AI infrastructure and skilling programs, aimed at advancing AI innovation and supporting India’s goal of becoming a developed nation (Viksit Bharat) by 2047.
The new target is to train 10 million Indians by 2030.
Detailed Explanation:
Satya Nadella, Chairman and CEO of Microsoft, revealed the company’s plan to invest US $3 billion in India over the next two years.
This investment will focus on cloud and AI infrastructure and skilling programs, aimed at advancing AI innovation and supporting India’s goal of becoming a developed nation (Viksit Bharat) by 2047.
Cloud Infrastructure: The investment will expand Microsoft’s datacenters in India.
AI Skills Training: Microsoft plans to train 10 million people in AI skills over the next five years, in line with its ADVANTA(I)GE India program.
Microsoft will foster collaboration with Indian startups and digital natives to help transition AI research into practical business solutions.
Through partnerships like the AI MoU with SaaSBoomi, Microsoft aims to enhance the growth of India’s AI and SaaS ecosystems, focusing on tier II cities.
Microsoft has exceeded its target of training 2 million people in AI skills by 2025, having already trained 2.4 million people, with 65% women and 74% from tier II/III cities.
The new target is to train 10 million Indians by 2030.
12) Answer: C
Short Explanation:
The Directorate of Horticulture, Odisha, in partnership with Palladium Consulting India Pvt Ltd, signed 11 MoUs with private sector exporters during Krushi Odisha 2025.
Key features included:
13 technical sessions and farmer-scientist interactions.
Over 200 stalls showcasing advanced technologies and products.
Detailed Explanation:
The Directorate of Horticulture, Odisha, in partnership with Palladium Consulting India Pvt Ltd, signed 11 MoUs with private sector exporters during Krushi Odisha 2025.
The agreements aim to enhance exports and value addition of Odisha’s fresh fruits and vegetables, empowering farmers with better market access, fair pricing, and global opportunities.
Nikhil Pavan Kalyan, IAS, Director of Horticulture, emphasized Odisha’s goal to become a leader in agricultural exports.
The collaboration and MoUs signify efforts to improve value addition, ensure remunerative market access, and position Odisha’s produce on the global stage.
The event witnessed participation from 10,000 stakeholders, including:
Farmers, women-led self-help groups (SHGs), and Farmer Producer Organizations (FPOs).
Exporters, students, and agri-entrepreneurs.
Key features included:
13 technical sessions and farmer-scientist interactions.
Over 200 stalls showcasing advanced technologies and products.
13) Answer: C
Short Explanation:
The Academy of Motion Picture Arts and Sciences has announced 323 feature films eligible for the Oscars 2025.
Seven Indian films have cut the 207 contenders for Best Picture, marking a significant moment for Indian cinema on the global stage.
Detailed Explanation:
The Academy of Motion Picture Arts and Sciences has announced 323 feature films eligible for the Oscars 2025.
Seven Indian films have cut the 207 contenders for Best Picture, marking a significant moment for Indian cinema on the global stage.
Indian Films in Best Picture Consideration
Kanguva
Aadujeevitham (The Goat Life)
Putul
Santosh
Swatantrya Veer Savarkar
All We Imagine as Light
Girls Will Be Girls
About Oscars 2025
Nomination Voting: January 8–12, 2025
Nominee Announcement: January 17, 2025
Ceremony Date: March 2, 2025, at the Dolby Theatre
Other Highlights for India at Oscars 2025
Anuja (Indian short film): Shortlisted for Best Live Action Short, produced by Guneet Monga.
Laapataa Ladies (India’s entry for Best International Feature): Did not make the final shortlist.
14) Answer: B
Short Explanation:
Baldev Prakash has been appointed as the Deputy Managing Director and Group Chief Risk Officer at State Bank of India (SBI).
In addition to Prakash’s appointment, Shiva Om Dikshit has been assigned the role of Deputy Managing Director, Operations-Channel Management at SBI.
Detailed Explanation:
Baldev Prakash has been appointed as the Deputy Managing Director and Group Chief Risk Officer at State Bank of India (SBI).
This follows his successful three-year tenure as the Managing Director and CEO of Jammu and Kashmir Bank (up until December).
In addition to Prakash’s appointment, Shiva Om Dikshit has been assigned the role of Deputy Managing Director, Operations-Channel Management at SBI.
Prakash brings over 30 years of banking experience, having worked across various roles in both small and large SBI branches.
15) Answer: A
V Narayanan has been appointed as the new Space Secretary and Chairman of the Indian Space Research Organisation (ISRO), effective from January 14, 2024.
Narayanan succeeds S Somanath as Chairman of ISRO.
Narayanan was previously the Director of the Liquid Propulsion Systems Centre (LPSC).
The Appointments Committee of the Cabinet, Ministry of Personnel and Training, approved his appointment for a period of two years or until further orders.
16) Answer: A
Short Explanation:
India and the United States (US), announced a partnership to co-produce U.S. sonobuoys for Undersea Domain Awareness (UDA), a technology crucial for tracking submarines in deep seas and oceans.
Sonobuoys are designed for wide-area search with multi-static active solutions, optimized for the unique environment of the Indian Ocean.
Detailed Explanation:
India and the United States (US), announced a partnership to co-produce U.S. sonobuoys for Undersea Domain Awareness (UDA), a technology crucial for tracking submarines in deep seas and oceans.
This partnership comes in response to the growing Chinese naval presence in the Indian Ocean Region.
Co-production Details:Ultra Maritime (UM) and Bharat Dynamics Limited (BDL) will collaborate on producing sonobuoys for the Indian Navy, adhering to U.S. Navy standards.
The production will be split across the U.S. and India, supporting the ‘Make in India’ initiative.
Sonobuoys are designed for wide-area search with multi-static active solutions, optimized for the unique environment of the Indian Ocean.
17) Answer: B
Short Explanation:
The Space Docking Experiment (SpaDeX) marked the first industry-developed satellites for space docking, built under the guidance of Indian Space Research Organisation (ISRO) engineers.
India’s Achievements in Space Docking:India became the fourth country to achieve space docking using its indigenously developed “Bharatiya Docking System”.
Detailed Explanation:
The Space Docking Experiment (SpaDeX) marked the first industry-developed satellites for space docking, built under the guidance of Indian Space Research Organisation (ISRO) engineers.
Satellites and Orbit Details:The two satellites, SDX01 (chaser) and SDX02 (target), each weighing 220 kg, were placed in a 476 km circular orbit using the Polar Satellite Launch Vehicle (PSLV-C60).
Ananth Technologies Limited (ATL), a partner with ISRO for many years, integrated and tested the two spacecraft.
Key objectives included:
Autonomous rendezvous and docking
Controlling one spacecraft using the Attitude Control System of the other in a docked configuration
Formation flying and operating a remote robotic arm.
India’s Achievements in Space Docking:India became the fourth country to achieve space docking using its indigenously developed “Bharatiya Docking System”.
18) Answer: A
Short Explanation:
The Competition Commission of India (CCI) has approved a proposed combination involving interconnected steps resulting in the acquisition of up to 68.9% shareholding in Roop Automotives Limited (RAL) by CA Carob Investments (Investor).
Detailed Explanation:
The Competition Commission of India (CCI) has approved a proposed combination involving interconnected steps resulting in the acquisition of up to 68.9% shareholding in Roop Automotives Limited (RAL) by CA Carob Investments (Investor).
Key Steps in the Combination:The combination includes a securities swap between Highway Industries Limited (HIL) Shareholder and RAL.
CA Carob Investments:The Investor is a Mauritius-based investment holding company, controlled by investment funds affiliated with The Carlyle Group Inc..
Carlyle is a global alternative asset manager involved in corporate private equity, real assets, global credit, and investment solutions.
19) Answer: B
Short Explanation:
The Competition Commission of India (CCI) has approved the acquisition of 21 Special Purpose Vehicles (SPVs) that own renewable power generation plants, as well as the holding companies of certain SPVs, by Gentari Renewables India Private. Limited.
Detailed Explanation:
The Competition Commission of India (CCI) has approved the acquisition of 21 Special Purpose Vehicles (SPVs) that own renewable power generation plants, as well as the holding companies of certain SPVs, by Gentari Renewables India Private. Limited.
Gentari Renewables India, a subsidiary of Petroliam Nasional Berhad, is the acquirer.
It focuses on clean energy solutions with core pillars in Renewable Energy, Hydrogen, and Green Mobility.
The target entities involved are engaged in the generation and sale of power through wind turbines and solar power plants.
The SPVs own and operate renewable energy assets, specifically wind and solar power plants, contributing to India’s renewable energy generation.
20) Answer: B
Short Explanation:
Senior sports journalist T.R. Ranganathan of The Hindu passed away at the age of 91.
Ranganathan served in the Sports section of The Hindu for over 32 years, retiring as Assistant Editor on September 1, 1995.
Detailed Explanation:
Senior sports journalist T.R. Ranganathan of The Hindu passed away at the age of 91.
Ranganathan served in the Sports section of The Hindu for over 32 years, retiring as Assistant Editor on September 1, 1995.
He was fondly called “TRR” by colleagues and peers, leaving behind a significant legacy in sports journalism.
He had joined The Hindu from The Mail as a sub-editor.
He was a founding member of the Sports Journalists Federation of India (SJFI) and the Tamil Nadu Sports Journalists Association (TNSJA).