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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 11th October 2024. 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 2024 & other competitive exams can make use of these Current Affairs Quiz.
1) What percentage of India’s real GDP growth is the Reserve Bank of India (RBI) predicting for FY25 during the Monetary Policy Committee (MPC) meeting on October 9, 2024?
(a) 7.1%
(b) 7.0%
(c) 7.2%
(d) 7.3%
(e) 7.5%
2) The Reserve Bank of India (RBI) has increased the transaction limits for UPI Lite and UPI123Pay in an effort to promote the broader use of these UPI services. Which year did UPI first started?
(a) 2012
(b) 2014
(c) 2015
(d) 2016
(e) 2013
3) The Reserve Bank of India (RBI) is formulating guidelines for novel capital-raising mechanisms for Urban Cooperative Banks (UCBs), including the premium-priced share sale. Which year was the announcement of the first rules for the issuance and regulation of share capital and securities for UCBs?
(a) 2020
(b) 2021
(c) 2022
(d) 2023
(e) 2019
4) Which Bank has teamed up with PhonePe to offer a UPI credit line intended only for users of PhonePe, a significant fintech company with headquarters in Bengaluru?
(a) HDFC bank
(b) ICICI bank
(c) Axis bank
(d) Bandhan bank
(e) Karnataka bank
5) Which bank has worked with Sohan Lal Commodity Management (SLCM) to offer “Unified Collateral Management Solutions” in addition to Punjab National Bank (PNB)?
(a) HDFC bank
(b) ICICI bank
(c) Axis bank
(d) Bandhan bank
(e) Karnataka bank
6) What percentage will the Ministry of Finance maintain the GPF interest rate at for the 17th consecutive quarter, starting on October 1 and ending on December 31, 2024?
(a) 7.1%
(b) 7.0%
(c) 7.2%
(d) 7.3%
(e) 7.5%
7) Which administration will create the second tiger reserve in the state, the Kaimur Wildlife Sanctuary (KWLS)?
(a) Assam
(b) Bihar
(c) Haryana
(d) Goa
(e) Gujarat
8) The Union Cabinet, led by Prime Minister Narendra Modi, sanctioned the building of how many kilometers of roads on the border between Rajasthan and Punjab?
(a) 2250km
(b) 2260km
(c) 2270km
(d) 2280km
(e) 2230km
9) The Cabinet Committee on Security has authorized the procurement of 31 MQ-9B drones from American company General Atomics. The Indian Air Force and Army will deploy drones at air bases in which state?
(a) Madhya Pradesh
(b) Uttar Pradesh
(c) Maharashtra
(d) Karnataka
(e) West Bengal
10) In which state did Prime Minister Narendra Modi’s Union Cabinet authorize the construction of the National nautical legacy Complex (NMHC). The project, which will be finished in two phases, is intended to highlight India’s 4,500-year-old nautical legacy?
(a) Madhya Pradesh
(b) Uttar Pradesh
(c) Maharashtra
(d) Gujarat
(e) West Bengal
11) The Pradhan Mantri Garib Kalyan Yojana’s free fortified rice supply will continue, as approved by the cabinet. Since that rice is a staple diet for what percentage of the people in India, it is a suitable food for fortification?
(a) 55%
(b) 45%
(c) 65%
(d) 75%
(e) 85%
12) Through a video conference, Maharashtra’s development projects valued at over ₹7,600 crore were officially launched by Prime Minister Narendra Modi. What was the approximate cost in crores for the New Integrated Terminal Building at Shirdi Airport?
(a) Rs.655crore
(b) Rs.635crore
(c) Rs.645crore
(d) Rs.665crore
(e) Rs.675crore
13) When will Zarin Daruwala, who has been the Chief Executive Officer (CEO) of Standard Chartered India and Southeast Asia for more than eight years, leave from her position?
(a) December 1,2024
(b) January 1,2025
(c) May 1, 2025
(d) April 1, 2025
(e) March 1,2025
14) Recently (Oct’24), JP Nadda, the Union Health Minister, was chosen Chairperson of the World Health Organization’s (WHO) Regional Committee for Southeast Asia at the _______ session.
(a) 75th
(b) 76th
(c) 77th
(d) 78th
(e) 79th
15) For which field, the David Baker, Demis Hassabis and John M. Jumper were received the Nobel Prize 2024?
(a) Physics
(b) Chemistry
(c) Literature
(d) Medicine
(e) Economic Science
16) According to DPIIT report, the FDI restriction raised to what percentage under the automated route for enterprises seeking new industrial licenses?
(a) 71%
(b) 72%
(c) 73%
(d) 74%
(e) 75%
17) Which nation will be the first-largest participant in the FTSE Russell Emerging Markets Bond Index (EMGBI) when India formally joins the index with a 9.35% weighting?
(a) USA
(b) UK
(c) China
(d) Japan
(e) Australia
18) In order to encourage innovation, entrepreneurship, and self-reliance in defense, the minister of defense introduces DISC 12 and ADITI 2.0 challenges. He went on, “How many products under iDEX have been developed, for which procurement orders exceeding Rs 1,000 crore have been placed?”
(a) 22
(b) 23
(c) 24
(d) 25
(e) 26
19) Which company Unveils New AI Model “Movie Gen” to Take on Industry Leaders by Producing Lifelike Audio and Video Clips ?
(a) Hotstar
(b) Meta
(c) Google
(d) Amazon
(e) Netflix
20) For the first time in its 147-year existence, Wimbledon will abandon line judges from all courts starting in 2025 and instead use Live Electronic Line Calling (ELC) on all of them, including the Roehampton qualifying event. Which year did Wimbledon launch Hawk-Eye technology, enabling players to contest line calls?
(a) 2008
(b) 2004
(c) 2005
(d) 2006
(e) 2007
21) When was National Post day observed?
(a) October 8
(b) October 9
(c) October 10
(d) October 11
(e) October 12
22) When was World Post day observed?
(a) October 8
(b) October 9
(c) October 10
(d) October 11
(e) October 12
23) When was the International Day of the Girl Child observed?
(a) October 8
(b) October 9
(c) October 10
(d) October 11
(e) October 12
24) Recently, Ratan Tata, the chairman emeritus of Tata Sons, one of the largest corporations in India, passed away. In which year did the Tata Nano, which costs under ₹1 lakh and represents affordability and innovation, become the cheapest car in the world?
(a) 2011
(b) 2008
(c) 2007
(d) 2009
(e) 2010
25) Which business company in addition to Bharti Airtel, has launched a Green 5G project to bring energy-efficient solutions to Airtel’s mobile network?
(a) Samsung
(b) Nokia
(c) MI
(d) Google
(e) Oneplus
Answers :
1) Answer: C
Short Explanation:
During the Monetary Policy Committee (MPC) meeting on October 9, 2024, the Reserve Bank of India (RBI) forecasted that India’s real Gross Domestic Product (GDP) growth for FY25 will reach 7.2%.
The RBI also expects Consumer Price Index (CPI) inflation for the fiscal year to moderate to 4.5%.
Detailed Explanation:
During the Monetary Policy Committee (MPC) meeting on October 9, 2024, the Reserve Bank of India (RBI) forecasted that India’s real Gross Domestic Product (GDP) growth for FY25 will reach 7.2%.
The RBI also expects Consumer Price Index (CPI) inflation for the fiscal year to moderate to 4.5%.
GDP Growth Projections:
Real GDP growth for FY25: 7.2%.
Quarterly growth estimates for FY25:
Q2: 7.0%
Q3: 7.4%
Q4: 7.4%
Real GDP growth for Q1 of FY26: 7.3%.
First quarter of FY25 GDP growth: 6.7%, led by private consumption and investment.
2) Answer: D
Short Explanation:
The Reserve Bank of India (RBI) enhanced transaction limits for UPI123Pay and UPI Lite to encourage wider adoption of these UPI products.
UPI123Pay:
New per-transaction limit: ₹10,000 (increased from ₹5,000).
UPI123Pay enables UPI functionality on feature phones.
UPI Lite:
Per-transaction limit: ₹1,000 (increased from ₹500).
Overall wallet limit: ₹5,000 (increased from ₹2,000).
UPI transactions crossed 501 million in September 2024, the highest since UPI’s inception in 2016.
Detailed Explanation:
The Reserve Bank of India (RBI) enhanced transaction limits for UPI123Pay and UPI Lite to encourage wider adoption of these UPI products.
UPI123Pay:
New per-transaction limit: ₹10,000 (increased from ₹5,000).
UPI123Pay enables UPI functionality on feature phones.
UPI Lite:
Per-transaction limit: ₹1,000 (increased from ₹500).
Overall wallet limit: ₹5,000 (increased from ₹2,000).
Functionality of UPI Lite:
Allows low-value transactions without requiring a UPI PIN.
Transactions are conducted in real-time without utilising the remitter bank’s core banking systems.
Increasing Adoption of UPI:The enhancements aim to encourage wider adoption of UPI products amid growing transaction volumes.
UPI transactions crossed 501 million in September 2024, the highest since UPI’s inception in 2016.
3) Answer: C
Short Explanation:
The Reserve Bank of India (RBI) is developing norms for new capital-raising instruments for Urban Cooperative Banks (UCBs), such as the issuance of shares at a premium.
Previous Guidelines:The initial guidelines on the issue and regulation of share capital and securities for UCBs were released in 2022, following the Banking Regulation (Amendment) Act, 2020.
Detailed Explanation:
The Reserve Bank of India (RBI) is developing norms for new capital-raising instruments for Urban Cooperative Banks (UCBs), such as the issuance of shares at a premium.
These norms will provide UCBs with more flexibility to raise resources and support sector growth.
Discussion Paper:RBI Governor Shaktikanta Das announced that a discussion paper outlining these norms will be issued for feedback and suggestions from stakeholders.
Previous Guidelines:The initial guidelines on the issue and regulation of share capital and securities for UCBs were released in 2022, following the Banking Regulation (Amendment) Act, 2020.
4) Answer: B
Short Explanation:
ICICI Bank and PhonePe have partnered to provide a credit line on UPI specifically for customers of PhonePe, a major fintech firm based in Bengaluru.
Detailed Explanation:
ICICI Bank and PhonePe have partnered to provide a credit line on UPI specifically for customers of PhonePe, a major fintech firm based in Bengaluru.
Credit Limit: The credit line can be up to ₹2 lakh.
Repayment Period: Customers have a repayment period of 45 days.
Market Context:This collaboration comes at a time when PhonePe processes transactions worth approximately ₹200 crore every month on the UPI platform.
PhonePe holds a 49% market share in the UPI space, while Google Pay is the second-largest player with about 38% of transaction volumes.
5) Answer: D
Short Explanation:
Sohan Lal Commodity Management(SLCM) has partnered with Punjab National Bank (PNB) and Bandhan Bank to provide ‘Unified Collateral Management Solutions’.
Detailed Explanation:
Sohan Lal Commodity Management(SLCM) has partnered with Punjab National Bank (PNB) and Bandhan Bank to provide ‘Unified Collateral Management Solutions’.
The partnership aims to facilitate post-harvest credit for farmers and agricultural stakeholders at competitive rates across the country.
Technology and Efficiency:SLCM will leverage its proprietary technology platform, ‘Agri Reach’, to improve the efficiency of post-harvest credit and storage services for both banks.
‘Agri Reach’ has been recognized for reducing post-harvest losses from 10% to just 0.5%.
6) Answer: A
Short Explanation:
The Union Ministry of Finance has kept the interest rate for the General Provident Fund (GPF) unchanged for the 17th quarter in the row at 7.1% effective from October 1, 2024, to December 31, 2024..
Detailed Explanation:
The Union Ministry of Finance has kept the interest rate for the General Provident Fund (GPF) unchanged for the 17th quarter in the row at 7.1% effective from October 1, 2024, to December 31, 2024..
Difference between General Provident Fund (GPF) and Employees’ Provident Fund (EPF)
| Feature | GPF | EPF | |
| Eligibility | Exclusively for government employees | Available for all salaried employees, including private sector | |
| Contributions | Minimum 6% of salary; up to 100% | 12% of basic salary deducted by the employer, matched by the employer; voluntary contributions beyond 12% allowed | |
| Interest Rate | Fixed interest rate (currently 7.1%) reviewed quarterly | Current interest rate is 8.25% per annum | |
| Maturity | Matures upon the employee’s retirement | Matures at age 58 or upon retirement | |
| Premature Withdrawal | Allowed only upon leaving government service | Allowed after two months of unemployment | |
| Advances | Interest-free loans available for specific needs (e.g., education, medical) | No advance facility; entire amount is withdrawn at retirement | |
| Tax Benefits | Exempt from tax under Section 80C of the Income Tax Act | Tax-exempt after five years; contributions up to Rs. 1.5 lakh annually qualify for tax exemptions under Section 80C | |
| Nature of Investment | Long-term investment option | Long-term retirement savings scheme | |
| Governing Authority |
|
Managed by the Employees’ Provident Fund Organisation (EPFO) |
7) Answer: B
Short Explanation:
The Bihar government will establish the Kaimur Wildlife Sanctuary (KWLS) as the state’s second tiger reserve.
Valmiki Tiger Reserve (VTR), which is the state’s first national park, has reached its capacity, and now the state government is finalising modalities for translocating the big cats to KWLS.
Detailed Explanation:
The Bihar government will establish the Kaimur Wildlife Sanctuary (KWLS) as the state’s second tiger reserve.
Valmiki Tiger Reserve (VTR), which is the state’s first national park, has reached its capacity, and now the state government is finalising modalities for translocating the big cats to KWLS.
The Kaimur Wildlife Sanctuary is spread over an area of 1,504.96 sq km.
The number of tigers in VTR is 54 now.
The National Tiger Conservation Authority (NTCA) granted in-principle approval for the development of KWLS as a tiger reserve during its 12th technical committee meeting.
8) Answer: D
Short Explanation:
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the construction of 2,280 km of roads.
The project focuses on the border areas of Rajasthan and Punjab.
The total investment for the project is ₹4,406 crore.
Detailed Explanation:
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the construction of 2,280 km of roads.
The project focuses on the border areas of Rajasthan and Punjab.
The total investment for the project is ₹4,406 crore.
Prime Minister Modi has prioritised infrastructure development in border regions to improve overall connectivity.
Rural livelihoods will be enhanced through better access to national highways and essential services.
Union Minister Ashwini Vaishnaw highlighted that border villages were previously considered the “last villages”, but PM Modi’s initiatives have transformed them into the “first villages”.
9) Answer: B
Short Explanation:
The Cabinet Committee on Security has approved the acquisition of 31 MQ-9B drones from American firm General Atomics.
The approval was essential before October 31 to ensure the validity of the American proposal.
The Indian Air Force and Army plan to jointly deploy their drones at air bases in Gorakhpur and Sarsawa, Uttar Pradesh.
Detailed Explanation:
The Cabinet Committee on Security has approved the acquisition of 31 MQ-9B drones from American firm General Atomics.
The approval was essential before October 31 to ensure the validity of the American proposal.
Delivery Timeline: The Indian defence forces are expected to start receiving the drones over a four-year period following the finalisation of the deal.
Distribution of Drones:
Indian Navy: 15 drones
Indian Army: 8 drones
Indian Air Force: 8 drones
The Indian Air Force and Army plan to jointly deploy their drones at air bases in Gorakhpur and Sarsawa, Uttar Pradesh.
10) Answer: D
Short Explanation:
Detailed Explanation:
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the development of the National Maritime Heritage Complex (NMHC) at Lothal, Gujarat.
The project will be completed in two phases and aims to showcase India’s 4,500-year-old maritime heritage.
The Cabinet has given in-principle approval for Phase 1B and Phase 2 of the project.
Funding for these phases will be raised through voluntary contributions.
Phase 1B, including a Light House Museum, will be funded by the Directorate General of Lighthouses and Lightships (DGLL).
A separate society will be formed under the Societies Registration Act, 1860, to oversee the future development phases.
11) Answer: C
Short Explanation:
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation of the universal supply of Fortified Rice under various government schemes, including the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).
The initiative will continue from July 2024 to December 2028.
The fortification of rice will be a central sector initiative, funded 100% by the Government of India.
Rice is an ideal food for fortification in India as 65% of the population consumes rice as a staple.
Detailed Explanation:
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation of the universal supply of Fortified Rice under various government schemes, including the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).
The initiative will continue from July 2024 to December 2028.
The fortification of rice will be a central sector initiative, funded 100% by the Government of India.
The initiative aims to provide a unified institutional mechanism for implementation, as part of the Food Subsidy program under PMGKAY.
The initiative aims to combat anaemia and micronutrient deficiencies such as iron, Vitamin B12, and folic acid in the population, especially among children, women, and men.
According to the National Family Health Survey (NFHS-5) (2019–2021), anaemia remains a widespread issue in India, affecting multiple age groups and income levels.
The Cabinet Committee on Economic Affairs (CCEA) approved the rice fortification initiative in April 2022.
The initiative was rolled out in three phases and achieved universal coverage by March 2024, supplying fortified rice across all government schemes.
Rice is an ideal food for fortification in India as 65% of the population consumes rice as a staple.
12) Answer: C
Short Explanation:
Prime Minister Narendra Modi laid the foundation stone for development projects worth over ₹7,600 crore in Maharashtra via video conference.
Laid the foundation stone for the New Integrated Terminal Building at Shirdi Airport, costing over ₹645 crore.
10 new Government Medical Colleges were launched in Mumbai, Nashik, Jalna, Amravati, Gadchiroli, Buldhana, Washim, Bhandara, Hingoli, and Ambernath (Thane).
Detailed Explanation:
Prime Minister Narendra Modi laid the foundation stone for development projects worth over ₹7,600 crore in Maharashtra via video conference.
PM Modi highlighted that Maharashtra has experienced unprecedented development in recent years across various sectors.
The Central Government fulfilled the long-standing aspiration of the Marathi Manus by granting Classical Language status to Marathi.
Foundation stone laid for the upgradation of Dr. Babasaheb Ambedkar International Airport, Nagpur, with a project cost of approximately ₹7,000 crore.
Laid the foundation stone for the New Integrated Terminal Building at Shirdi Airport, costing over ₹645 crore.
10 new Government Medical Colleges were launched in Mumbai, Nashik, Jalna, Amravati, Gadchiroli, Buldhana, Washim, Bhandara, Hingoli, and Ambernath (Thane).
This initiative aims to provide affordable and accessible healthcare across Maharashtra.
13) Answer: D
Short Explanation:
Zarin Daruwala, Chief Executive Officer (CEO) of Standard Chartered India and Southeast Asia, will retire on April 1, 2025, after serving more than 8 years in the role.
Detailed Explanation:
Zarin Daruwala, Chief Executive Officer (CEO) of Standard Chartered India and Southeast Asia, will retire on April 1, 2025, after serving more than 8 years in the role.
Standard Chartered will announce her successor at a later date.
The bank’s corporate and investment banking arm is being revamped, including changes in regional management.
In April,2024 the bank appointed Singapore-based Sunil Kaushal as co-head of corporate and investment banking, with responsibility for ASEAN and Asia markets.
14) Answer: C
Short Explanation:
Union Health Minister JP Nadda was elected as the Chairperson of the 77th session of the World Health Organization (WHO)’s Regional Committee for Southeast Asia.
Detailed Explanation:
Union Health Minister JP Nadda was elected as the Chairperson of the 77th session of the World Health Organization (WHO)’s Regional Committee for Southeast Asia.
Role of the Committee: The WHO Regional Committee for Southeast Asia is the annual governing body that influences health policies across the region.
Session Details: The three-day session commenced on October 7, 2024, in New Delhi, with participation from health ministers and delegates from member countries.
Participating Countries: Delegates from countries including Bangladesh, Bhutan, North Korea, India, Indonesia, the Maldives, Myanmar, Nepal, Sri Lanka, Thailand, and Timor-Leste are attending the session.
15) Answer: B
Short Explanation:
The 2024 Nobel Prize in Chemistry will be shared between:
David Baker (University of Washington, Seattle, USA), awarded for his work on computational protein design.
Demis Hassabis and John M. Jumper (Google DeepMind, London, UK), were awarded for their breakthrough in protein structure prediction.
Detailed Explanation:
The 2024 Nobel Prize in Chemistry will be shared between:
David Baker (University of Washington, Seattle, USA), awarded for his work on computational protein design.
Demis Hassabis and John M. Jumper (Google DeepMind, London, UK), were awarded for their breakthrough in protein structure prediction.
David Baker: Recognized for designing new proteins from scratch, starting in 2003. His work has led to innovative proteins with wide applications in pharmaceuticals, vaccines, nanomaterials, and sensors.
Demis Hassabis and John M. Jumper: Awarded for their AI-based breakthrough, AlphaFold2, introduced in 2020, which predicts the structure of nearly all 200 million proteins identified by researchers. This accomplishment fulfills a 50-year-old scientific goal of predicting protein structures from amino acid sequences.
16) Answer: D
Short Explanation:
The Department for Promotion of Industry and Internal Trade (DPIIT) has put on hold its plan to conduct a comprehensive review of the Foreign Direct Investment (FDI) policy, particularly for sectors like defence, insurance, banking, and plantations.
India allows 100% FDI through the automatic route in most sectors, though some sensitive areas have caps:
Defence: FDI limit increased to 74% under the automatic route for companies seeking new industrial licenses.
Detailed Explanation:
The Department for Promotion of Industry and Internal Trade (DPIIT) has put on hold its plan to conduct a comprehensive review of the Foreign Direct Investment (FDI) policy, particularly for sectors like defence, insurance, banking, and plantations.
Streamlining Procedures: The government is prioritizing reducing clearance times for FDI proposals, making the process more efficient.
FDI applications from countries sharing a land border with India, such as China, will still require mandatory government approval for all sectors.
India allows 100% FDI through the automatic route in most sectors, though some sensitive areas have caps:
Defence: FDI limit increased to 74% under the automatic route for companies seeking new industrial licenses.
Insurance: FDI in insurance raised from 49% to 74%, with foreign ownership permitted under safeguards. Additionally, FDI up to 20% in the Life Insurance Corporation of India (LIC) is allowed.
Telecom: FDI up to 100% is now permitted through the automatic route.
17) Answer: C
Short Explanation:
September 2025: India will officially join the FTSE Russell Emerging Markets Bond Index (EMGBI) with a 9.35% weightage, becoming the second-largest player, following China.
The inclusion is expected to bring in billions of dollars in fresh foreign investment and signifies India’s growing prominence in the global debt market.
Major Progress: India’s inclusion is a testament to the country’s efforts to make its debt market more accessible to global investors.
Detailed Explanation:
September 2025: India will officially join the FTSE Russell Emerging Markets Bond Index (EMGBI) with a 9.35% weightage, becoming the second-largest player, following China.
The inclusion is expected to bring in billions of dollars in fresh foreign investment and signifies India’s growing prominence in the global debt market.
Major Progress: India’s inclusion is a testament to the country’s efforts to make its debt market more accessible to global investors.
FTSE Russell had earlier delayed India’s entry due to concerns about taxation, registration, and settlement issues. These hurdles have now been addressed, and India’s market reforms and enhanced transparency have been praised.
18) Answer: E
Short Explanation:
Union Defence Minister Shri Rajnath Singh launched the second edition of Acing Development of Innovative Technologies with iDEX (ADITI 2.0) challenges and the 12th edition of Defence India Start-up Challenges (DISC 12) during DefConnect 4.0 at Manekshaw Centre, Delhi Cantt. on October 07, 2024.
He added that 26 products have been developed under iDEX, for which procurement orders worth more than Rs 1,000 crore have been placed.
Detailed Explanation:
Union Defence Minister Shri Rajnath Singh launched the second edition of Acing Development of Innovative Technologies with iDEX (ADITI 2.0) challenges and the 12th edition of Defence India Start-up Challenges (DISC 12) during DefConnect 4.0 at Manekshaw Centre, Delhi Cantt. on October 07, 2024.
ADITI 2.0 features 19 challenges from the Armed Forces and allied agencies in the domains of Artificial Intelligence (AI), Quantum Technology, military communication, anti-drone systems customised for military platforms and adaptive camouflage, etc.
This scheme offers a grant of up to Rs 25 crore to Innovations for Defence Excellence (iDEX) winners, focusing on critical technological areas crucial for strengthening the defence ecosystem of the country.
DISC 12 presents 41 challenges across key technology domains, including Unmanned Aerial Vehicles (UAVs), AI, Networking and Communication, with grants up to Rs 1.50 crore.
Notably, it introduces the Medical Innovations and Research Advancement (MIRA) initiative, featuring nine challenges aimed at fostering the development of medical technologies.
He added that 26 products have been developed under iDEX, for which procurement orders worth more than Rs 1,000 crore have been placed.
19) Answer: B
Short Explanation:
Facebook owner Meta opens a new tab and announced that it had built a new AI model called Movie Gen that can create realistic-seeming video and audio clips in response to user prompts, claiming it can rival tools from leading media generation startups like OpenAI and ElevenLabs.
The model can generate personalized videos using actual photos of individuals, placing them in various scenarios.
Detailed Explanation:
Facebook owner Meta opens a new tab and announced that it had built a new AI model called Movie Gen that can create realistic-seeming video and audio clips in response to user prompts, claiming it can rival tools from leading media generation startups like OpenAI and ElevenLabs.
The model can generate personalized videos using actual photos of individuals, placing them in various scenarios.
Video Quality and Specifications:
Movie Gen can produce high-definition (1080p) videos.
Videos can be up to 16 seconds long at 16 frames per second (FPS).
The model supports variable resolutions, durations, and different aspect ratios.
Audio Generation Capabilities:
Movie Gen can generate audio corresponding to the video content using both video-to-audio and text-to-audio techniques.
It produces 48kHz audio quality with cinematic sound effects and music synchronized with the video.
20) Answer: E
Short Explanation:
From 2025, Wimbledon will remove line judges from all courts for the first time in its 147-year history, opting for Live Electronic Line Calling (ELC) on all courts, including the qualifying tournament at Roehampton.
Wimbledon first introduced Hawk-Eye technology in 2007, allowing players to challenge line calls.
Detailed Explanation:
From 2025, Wimbledon will remove line judges from all courts for the first time in its 147-year history, opting for Live Electronic Line Calling (ELC) on all courts, including the qualifying tournament at Roehampton.
Sally Bolton, Wimbledon’s chief executive, noted the decision was made after thorough consideration and consultation.
She emphasized that the technology offers maximum accuracy and players will now have the same conditions as other major tournaments.
Wimbledon first introduced Hawk-Eye technology in 2007, allowing players to challenge line calls.
Following the pandemic, major tournaments like the US Open and Australian Open adopted ELC, while the ATP announced plans for ELC at all events by 2025.
21) Answer: C
Short Explanation:
National Postal Day is observed in India on October 10 each year, celebrating the establishment of the Indian postal system and acknowledging the vital role it plays in connecting people across the country.
For 2024, the theme for National Postal Day is “Connecting India: The Role of Postal Services in Nation Building”.
Detailed Explanation:
National Postal Day is observed in India on October 10 each year, celebrating the establishment of the Indian postal system and acknowledging the vital role it plays in connecting people across the country.
For 2024, the theme for National Postal Day is “Connecting India: The Role of Postal Services in Nation Building”.
This theme emphasizes how postal services contribute to national integration, social development, and economic growth.
Establishment: The Indian Postal Service was initiated on October 10, 1854, when the East India Company implemented a comprehensive postal network across the nation.
Significance: This day marks the anniversary of the Indian Postal Service, which has played a crucial role in connecting communities and facilitating communication.
22) Answer: B
Short Explanation:
World Post Day is celebrated on October 9 to highlight the postal sector’s role in daily life and global development.
The theme for this year’s celebration is “150 years of enabling communication and empowering peoples across nations.”
Detailed Explanation:
World Post Day is celebrated on October 9 to highlight the postal sector’s role in daily life and global development.
Global Recognition: It provides an opportunity to raise awareness about the importance of postal services and their contributions to society.
Established in 1874: The Universal Postal Union was founded in Bern, Switzerland, and plays a critical role in facilitating international mail exchange.
Paving the Way for Modern Mail Exchange: The UPU has been instrumental in creating a standardized framework for postal services worldwide, making it easier for countries to communicate and conduct business.
The theme for this year’s celebration is “150 years of enabling communication and empowering peoples across nations.”
23) Answer: D
Short Explanation:
On 11 October 2024, the International Day of the Girl Child is celebrate
Theme for 2024: “Girls’ Vision for the Future”
The 2024 theme emphasizes the urgency for action and persistent hope.
Detailed Explanation:
On 11 October 2024, the International Day of the Girl Child is celebrate
Theme for 2024: “Girls’ Vision for the Future”
The 2024 theme emphasizes the urgency for action and persistent hope.
It highlights the power of girls’ voices and their vision for a better future.
Focuses on the need for allies to support girls in realizing their vision.
Courage in Crisis: Despite the challenges, girls are hopeful for the future.
Taking Action: Girls actively work toward a world where all are protected, respected, and empowered.
24) Answer: D
Short Explanation:
Ratan Tata, chairman emeritus of one of India’s biggest conglomerates, Tata Sons, has passed away at the age of 86.
Birth: December 28, 1937, in Mumbai, Maharashtra.
Family Background: Great grandson of Jamsetji Tata, the founder of the Tata Group.
Launched Tata Nano in 2009, the world’s cheapest car, priced at ₹1 lakh, symbolizing innovation and affordability.
Detailed Explanation:
Ratan Tata, chairman emeritus of one of India’s biggest conglomerates, Tata Sons, has passed away at the age of 86.
Birth: December 28, 1937, in Mumbai, Maharashtra.
Family Background: Great grandson of Jamsetji Tata, the founder of the Tata Group.
Career Highlights
Chairmanship: He served as chairman of the Tata Group from 1991 to 2012 and again from 2016 to 2017.
Major Contributions:
Founded Tata Teleservices in 1996.
Took Tata Consultancy Services (TCS) public in 2004.
Acquired British brands Jaguar and Land Rover in 2004, marking a significant reverse colonialist move.
Launched Tata Nano in 2009, the world’s cheapest car, priced at ₹1 lakh, symbolizing innovation and affordability.
Led notable acquisitions, including the British steelmaker Corus in 2007 and luxury carmaker Jaguar Land Rover in 2008.
Leadership and Achievements Expansion: Oversaw the Tata Group’s expansion into over 100 countries, achieving $165 billion in revenue for the fiscal year ending March 2024.
Awards and Honors
Padma Vibhushan (2008): India’s second-highest civilian honour.
Padma Bhushan (2000): India’s third-highest civilian honour.
Honorary Knight Grand Cross of the Order of the British Empire (2014).
Assam Baibhav (2021).
Order of Australia (2023).
Maharashtra Bhushan (2006).
Innovations: Tata Neu: Introduction of India’s first super app, expanding the Tata Group’s digital footprint.
25) Answer: B
Short Explanation:
Bharti Airtel and Nokia have announced a Green 5G initiative aimed at introducing energy-efficient solutions to Airtel’s mobile network.
Detailed Explanation:
Bharti Airtel and Nokia have announced a Green 5G initiative aimed at introducing energy-efficient solutions to Airtel’s mobile network.
The project focuses on improving energy efficiency across Airtel’s 4G/5G Radio Access Network (RAN) using advanced technologies such as AI/ML and innovative software features.
The initiative is projected to reduce Airtel’s carbon emissions by an estimated 143,413 metric tons of CO2 annually.
