Daily Current Affairs Quiz – 14th Sep 2024

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 14th Sep 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.

 

Start Quiz

 

1) The Finance Ministry has issued new guidelines for the handling of compounding applications under the Foreign Exchange Management Act (FEMA). How many days have passed since the application was received for the compounding order?

(a) 180days

(b) 45days

(c) 60days

(d) 90days

(e) 120days


2)
The Reserve Bank of India (RBI) suggested that banks maintain a 5% “run-off factor” on retail deposits that are available digitally in order to mitigate the danger of large-scale withdrawals through digital channels such as internet or mobile banking.When are the new regulations expected to go into effect?

(a) April 2025

(b) May 2025

(c) January 2025

(d) March 2025

(e) June 2025


3)
Which Bank is in negotiations to sell as many as Rs 8,400 crore ($1 billion) in loans with a number of international banks in order to lower its credit book and bring it closer to deposit levels?

(a) ICICI bank

(b) HDFC bank

(c) Axis bank

(d) DBS bank

(e) Karnataka bank


4)
Which entity has chosen to call off the T-bill auctions that were set for September 18, 2024, and September 25, 2024, after consulting with the Government of India?

(a) RBI

(b) SEBI

(c) SIDBI

(d) IRDAI

(e) DICGC


5) Recently, the
Damodar Valley Corporation (DVC) is India’s first multipurpose river valley project, founded under the Damodar Valley Corporation Act, 1948. Which bank has sanctioned ₹10,050 crore to DVC for its ultra-super critical thermal power plant?

(a) Canara bank

(b) State bank of India

(c) Bank of Baroda

(d) Bank of India

(e) Indian bank


6)
For violating regulations, SBI Life Insurance was fined how much crore by the Insurance Regulatory and Development Authority of India (IRDAI)?

(a) Rs.1crore

(b) Rs.2crore

(c) Rs.5crore

(d) Rs.3crore

(e) Rs.4crore


7)
Which Ministry has made substantial changes to the Foreign Exchange Management Act’s (FEMA) compounding rules in order to streamline operations and improve adjudication efficiency?

(a) Home Affairs

(b) Finance

(c) MSME

(d) External Affairs

(e) Defence


8) Recently, the
Retail inflation for August 2024 increased slightly to 3.65%, up from 3.6% in July, a five-year low. Which state has the highest inflation rate, at 6.62%?

(a) Telangana

(b) Bihar

(c) Assam

(d) Gujarat

(e) Andhra Pradesh


9) Recently, the
Retail food inflation climbed to what percentage in August 2024 from 5.42% in July 2024, owing to higher costs for pulses, grains, and vegetables?

(a) 5.62%

(b) 5.60%

(c) 5.64%

(d) 5.65%

(e) 5.66%


10) Recently, the
HAL may be promoted from Navratna to Maharatna by the end of this year(2024). How many Maharatna PSUs does India now have?

(a) 10

(b) 11

(c) 12

(d) 13

(e) 15


11)
Which Bank’s proposed share sale has hit a regulatory obstacle since the Reserve Bank of India (RBI) is hesitant to allow a foreign entity to own a majority stake in the bank?

(a) RBL bank

(b) Yes bank

(c) Karnataka bank

(d) IDBI bank

(e) DBS bank


12)
Who is the former Union Minister and Rajya Sabha member who has been nominated to the World Agriculture Forum (WAF) Board?

(a) Suresh Prabhu

(b) Ashwani Kumar

(c) Veerappa Moiley

(d) Kapil Sabil

(e) H.R. Bharadwaj


13)
The Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM) successfully underwent a flight test by the Indian Navy and the Defence Research & Development Organization (DRDO). Which state’s Integrated Test Range (ITR) was the site of the test, conducted at around 1500 hours?

(a) Odisha

(b) Rajasthan

(c) Karnataka

(d) Andhra Pradesh

(e) Kerala


14)
Pixxel is a firm that specializes in advanced hyperspectral earth imaging technology. It was awarded the largest supplier agreement by the National Aeronautics and Space Administration (NASA) to an Indian company. How many million commercial smallsat data acquisitions is it now a part of NASA’s program?

(a) $476-million

(b) $456-million

(c) $466-million

(d) $446-million

(e) $486-million


15) According to the report, the
NASA spacecraft authorized for launch in October to investigate Europa, Jupiter’s moon. How many years will it take the spacecraft to get at Jupiter?

(a) 2years

(b) 3years

(c) 4years

(d) 5years

(e) 6years


16)
The 14th of September is observed annually as Hindi Diwas, or Hindi Day.The first Hindi Diwas was observed in the year _________.

(a) 1952

(b) 1950

(c) 1953

(d) 1951

(e) 1955


17)
India saw a significant economic effect of ___________ billion as a result of the ICC Men’s Cricket World Cup 2023.

(a) $1.39 billion

(b) $1.38 billion

(c) $1.37 billion

(d) $1.35 billion

(e) $1.33 billion


18)
In a time that broke the record, Abinaya Rajarajan won gold in the women’s 100 meters. Her time was ________ seconds.

(a) 11.55sec

(b) 11.33sec

(c) 11.44sec

(d) 11.77sec

(e) 11.66sec


19)
With 24 satellites in its network, Pixxel intends to produce hyperspectral data for commercial use. __________ was the name of Pixxel’s first hyperspectral satellite launch.

(a) Arun

(b) Varun

(c) Anand

(d) Raju

(e) Rishi


20) Where is the headquarters of International Cooperative Alliance (ICA)?

(a) Russia

(b) USA

(c) UK

(d) Canada

(e) Belgium


Answers :

1) Answer: A

Short Explanation:

The Finance Ministry has come out with new rules for processing of compounding applications under the Foreign Exchange Management Act (FEMA).

The new rules aim to further promote ease of investment.

The new rules were framed after consultations with the Reserve Bank of India (RBI).

Processing Timeline: The timeline for passing the compounding order remains 180 days from receipt of the application.

Detailed Explanation:

The Finance Ministry has come out with new rules for processing of compounding applications under the Foreign Exchange Management Act (FEMA).

The new rules aim to further promote ease of investment.

The new rules were framed after consultations with the Reserve Bank of India (RBI).

The rules follow Finance Minister Nirmala Sitharaman’s Budget announcement to streamline Foreign Direct Investments (FDIs) and overseas investments.

The new rules will replace the Foreign Exchange (Compounding Proceedings) Rules, 2000, which had been in effect for nearly 24 years.

Assistant General Manager (AGM) of RBI: Now handles cases with contraventions up to ₹60 lakh (previously ₹10 lakh).

Deputy General Manager (DGM) of RBI: Now handles cases with contraventions up to ₹2.5 crore (previously ₹10 lakh-₹40 lakh).

General Manager (GM): Now handles cases with contraventions up to ₹5 crore (previously ₹40 lakh-₹1 crore).

Chief General Manager (CGM): Now handles cases with contraventions exceeding ₹5 crore (previously ₹1 crore).

No changes in thresholds for ED officers.

The thresholds remain as follows:

Deputy Director: Up to ₹5 lakh.

Additional Director: ₹5-₹10 lakh.

Special Director: ₹10-₹50 lakh.

Special Director (with Deputy Legal Advisor): ₹50 lakh-₹1 crore.

Director of Enforcement (with Special Director): ₹1 crore or more.

Processing Timeline: The timeline for passing the compounding order remains 180 days from receipt of the application.


2) Answer: A

Short Explanation:

The Reserve Bank of India (RBI) proposed that banks hold an additional 5% “run-off factor”on digitally accessible retail deposits to manage risks of mass withdrawals via digital platforms like internet or mobile banking.

The new rules are scheduled to take effect in April 2025.

Detailed Explanation:

The Reserve Bank of India (RBI) proposed that banks hold an additional 5% “run-off factor”on digitally accessible retail deposits to manage risks of mass withdrawals via digital platforms like internet or mobile banking.

The new rules are scheduled to take effect in April 2025.

Impact on Banks’ Liquidity Coverage Ratio (LCR):The additional buffer is expected to impact banks’ Liquidity Coverage Ratios (LCR), which represent the amount of highly liquid assets available to meet short-term obligations.

Industry Opposition:The Indian Banks’ Association (IBA) requested the RBI to lower the run-off factor to 2% or 3%, citing concerns over liquidity.

RBI’s Reasoning:The buffer is in response to global regulatory concerns after events like the collapse of Silicon Valley Bank in March 2023 due to deposit runs.

Moody’s & ICRA Estimates:Moody’s estimates that more than 50% of retail and small business deposits in India are digitally accessible.

ICRA estimates a ₹4 trillion increase in government securities requirements if banks’ LCRs drop by 10%.


3) Answer: B

Short Explanation:

HDFC Bank Ltd., India’s largest private sector lender, is in talks with several global banks to offload as much as Rs 8,400 crore ($1 billion) in loans to reduce its credit book and bring it more in line with deposits.

The bank’s gross advances increased by 52.6% to ₹24.9 trillion as of June 2024, compared to the previous year.

Detailed Explanation:

HDFC Bank Ltd., India’s largest private sector lender, is in talks with several global banks to offload as much as Rs 8,400 crore ($1 billion) in loans to reduce its credit book and bring it more in line with deposits.

The bank is in discussions with several global lenders, including Barclays Plc, JPMorgan Chase & Co., and ICICI Bank.

Credit-to-Deposit Ratio:As of March 2024, HDFC Bank’s credit-to-deposit ratio stood at 104%, up from 85-88% in the previous three financial years, according to ICRA.

Deposit and Loan Growth:HDFC Bank’s deposits grew by 11% annually up to August 23, 2024, which was slower than the 14% growth in loans.

The bank’s gross advances increased by 52.6% to ₹24.9 trillion as of June 2024, compared to the previous year.


4) Answer: A

Short Explanation:

The Reserve Bank of India (RBI), in consultation with the Government of India, has decided to cancel the T-bill auctions scheduled for September 18, 2024, and September 25, 2024.

Detailed Explanation:

According to the Calendar for Auction of Government of India Treasury Bills for the Quarter ending September 2024, the auctions were initially scheduled for September 18, 2024, and September 25, 2024.

The Reserve Bank of India (RBI), in consultation with the Government of India, has decided to cancel the T-bill auctions scheduled for September 18, 2024, and September 25, 2024.

The Government of India has reduced its borrowings via Treasury Bills by approximately ₹50,000 crore for the current fiscal year.


5) Answer: B

Short Explanation:

State Bank of India (SBI) has sanctioned ₹10,050 crore to Damodar Valley Corporation (DVC) for its ultra-super critical thermal power project.

The project involves the construction of a 1600 MW (800 MW * 2) ultra-supercritical thermal power plant located at Koderma, Jharkhand.

The Ministry of Power has identified this project as a key initiative for capacity addition by 2030.

DVC is India’s first multipurpose river valley project, established by the Damodar Valley Corporation Act, 1948.

Detailed Explanation:

State Bank of India (SBI) has sanctioned ₹10,050 crore to Damodar Valley Corporation (DVC) for its ultra-super critical thermal power project.

The project involves the construction of a 1600 MW (800 MW * 2) ultra-supercritical thermal power plant located at Koderma, Jharkhand.

The Ministry of Power has identified this project as a key initiative for capacity addition by 2030.

DVC is India’s first multipurpose river valley project, established by the Damodar Valley Corporation Act, 1948.

It is a statutory corporation with contributions from the Government of India, West Bengal, and Jharkhand (formerly Bihar).

DVC’s functions include power generation (both hydel and thermal), distribution and transmission, flood control, irrigation, water supply, drainage, eco-conservation, afforestation, and socio-economic upliftment of the Damodar Valley region, which spans 24,235 sq km across Bihar (now Jharkhand) and West Bengal.


6) Answer: A

Short Explanation:

The Insurance Regulatory and Development Authority of India (IRDAI) has fined SBI Life Insurance ₹1 crore for regulatory violations.

The violations pertain to SBI Life Insurance’s dealings with insurance web aggregators and its outsourcing activities.

IRDAI has issued an advisory to SBI Life Insurance regarding the repudiation of multiple insurance claims.

Detailed Explanation:

The Insurance Regulatory and Development Authority of India (IRDAI) has fined SBI Life Insurance ₹1 crore for regulatory violations.

The violations pertain to SBI Life Insurance’s dealings with insurance web aggregators and its outsourcing activities.

IRDAI has issued an advisory to SBI Life Insurance regarding the repudiation of multiple insurance claims.

SBI Life Insurance was found to have engaged with web aggregators without clearly specifying the services provided and the associated fees.

The company failed to report outsourcing payments to IRDAI as required.

IRDAI has instructed SBI Life Insurance to develop a comprehensive outsourcing policy that complies with existing regulations and guidelines.


7) Answer: B

Short Explanation:

The Finance Ministry has introduced significant modifications to the compounding rules under the Foreign Exchange Management Act (FEMA), aimed at simplifying processes and enhancing efficiency in adjudications.

Compounding Application Fees: Doubled to Rs 10,000 plus GST.

Assistant General Manager: Empowered to decide on applications up to Rs 60 lakh (increased from Rs 10 lakh).

Deputy General Manager: Authorized for cases up to Rs 2.5 crore.

General Manager: Can adjudicate cases up to Rs 5 crore.

Chief General Manager: Authorized for cases exceeding Rs 5 crore.

Detailed Explanation:

The Finance Ministry has introduced significant modifications to the compounding rules under the Foreign Exchange Management Act (FEMA), aimed at simplifying processes and enhancing efficiency in adjudications.

Compounding Application Fees: Doubled to Rs 10,000 plus GST.

Assistant General Manager: Empowered to decide on applications up to Rs 60 lakh (increased from Rs 10 lakh).

Deputy General Manager: Authorized for cases up to Rs 2.5 crore.

General Manager: Can adjudicate cases up to Rs 5 crore.

Chief General Manager: Authorized for cases exceeding Rs 5 crore.

Digital and Procedural Improvements:

Online Payments: Introducing online payment options for application fees and compounding amounts.

Streamlined Processes: Emphasis on simplifying and rationalizing rules to eliminate ambiguity and clarify procedures.


8) Answer: B

Short Explanation:

Retail inflation for August 2024 inched up to 3.65%, slightly above the July figure of 3.6%, which was a five-year low.

The inflation rate remains below the Reserve Bank of India’s (RBI) median target of 4% for the second consecutive month.

Highest inflation was recorded in Bihar at 6.62%, while Telangana had the lowest at 2.02%.

Detailed Explanation:

Retail inflation for August 2024 inched up to 3.65%, slightly above the July figure of 3.6%, which was a five-year low.

The inflation rate remains below the Reserve Bank of India’s (RBI) median target of 4% for the second consecutive month.

Vegetables saw inflation rise to 10.71%, while pulses and products surged by 13.6%.

Food basket inflation overall was recorded at 5.66%, up from 5.42% in July 2024.

Tomato prices exhibited the most notable decline with a -47.91% year-on-year change and -28.8% month-on-month decline.

Spices experienced deflation at -4.4%, and oils and fats saw a decline of -0.86%.

The fuel and light category also saw deflation, recording -5.31%.

Inflation was 3.14% in urban areas and 4.16% in rural areas.

Highest inflation was recorded in Bihar at 6.62%, while Telangana had the lowest at 2.02%.

Aditi Nayar, Chief Economist at ICRA, predicts inflation will rise to 4.8% in September 2024, with an expected range of 4.4% to 4.7% in the second half of FY2025.


9) Answer: E

Short Explanation:

Retail food inflation increased to 5.66% in August 2024 from 5.42% in July 2024 due to elevated prices of pulses, cereals, and vegetables.

On a month-on-month basis, the Consumer Food Price Index (CFPI) decreased by 0.44% in August compared to July.

Pulses had the highest inflation in the food basket, rising to 13.6% in August.

Detailed Explanation:

Retail food inflation increased to 5.66% in August 2024 from 5.42% in July 2024 due to elevated prices of pulses, cereals, and vegetables.

On a month-on-month basis, the Consumer Food Price Index (CFPI) decreased by 0.44% in August compared to July.

Pulses had the highest inflation in the food basket, rising to 13.6% in August.

Cereals, eggs, fruits, and vegetables all saw inflation above 6%.

Potato and onion prices surged by 64.03% and 54.04% respectively due to lower production, as projected by the agriculture ministry.

Tomato prices saw a significant 47.91% decrease due to high prices in the previous year.

The output of potatoes and onions for the 2023-24 crop year is projected at 56.76 million tonnes and 21.23 million tonnes, representing a 6% and 20% decrease, respectively.

Deflation in edible oils continued, and spices experienced a 4.4% decline in inflation. Specifically, jeera prices fell by 27.7%.


10) Answer: D

Short Explanation:

Reports suggest HAL may be upgraded from Navratna to Maharatna by the end of this year.

Hindustan Aeronautics Ltd. (HAL) shares rose by over 1%.

India currently has 13 Maharatna PSUs.

Detailed Explanation:

Reports suggest HAL may be upgraded from Navratna to Maharatna by the end of this year.

Hindustan Aeronautics Ltd. (HAL) shares rose by over 1%.

HAL shares were quoted at ₹4,649.75, reflecting a 0.17% increase compared to the previous trading session.

Reports suggest HAL may be upgraded from Navratna to Maharatna by the end of this year.

Oil India received Maharatna status in August 2023.

India currently has 13 Maharatna PSUs.

Companies must meet the following criteria over the last three years:

Average turnover: Over ₹25,000 crore

Average annual net worth: More than ₹15,000 crore

Average annual net profit: Over ₹5,000 crore


11) Answer: B

Short Explanation:

The proposed stake sale of Yes Bank has encountered a regulatory roadblock as the Reserve Bank of India (RBI) is reluctant to allow a foreign institution to hold a majority stake in the bank.

Japanese lender Sumitomo Mitsui Banking Corp (SMBC) and Dubai-based Emirates NBD are interested in acquiring a majority stake of over 51% in Yes Bank.

Sumitomo Mitsui is a unit of Sumitomo Mitsui Financial Group, Japan’s second-largest bank.

Detailed Explanation:

The proposed stake sale of Yes Bank has encountered a regulatory roadblock as the Reserve Bank of India (RBI) is reluctant to allow a foreign institution to hold a majority stake in the bank.

Japanese lender Sumitomo Mitsui Banking Corp (SMBC) and Dubai-based Emirates NBD are interested in acquiring a majority stake of over 51% in Yes Bank.

Sumitomo Mitsui is a unit of Sumitomo Mitsui Financial Group, Japan’s second-largest bank.

Regulatory Norms:According to bank licensing norms, promoters must reduce their stake to 26% within 15 years of starting operations, which may conflict with the bidders’ interest in holding a 51% stake perpetually.

Current Stakeholders:State Bank of India (SBI) is looking to sell its 24% stake in Yes Bank.

Other banks, including Axis Bank, Kotak Mahindra Bank, ICICI Bank, and HDFC Bank, collectively own 7.4%.


12) Answer: A

Short Explanation:

Former Union Minister and Rajya Sabha member Suresh Prabhu has been nominated to the World Agriculture Forum (WAF) Board.

Rudy Rabbinge, Chairman of the WAF Board, stated that Prabhu’s expertise will be invaluable in shaping discussions about the future of the agricultural sector.

Detailed Explanation:

Former Union Minister and Rajya Sabha member Suresh Prabhu has been nominated to the World Agriculture Forum (WAF) Board.

Rudy Rabbinge, Chairman of the WAF Board, stated that Prabhu’s expertise will be invaluable in shaping discussions about the future of the agricultural sector.

The World Agricultural Forum (WAF) is a policy neutral and internationally inclusive agriculture forum that brings together the leaders from the private sector with policy makers and key policy influencers to focus on providing food etc.

The forum aims to function as a global body dedicated to advancing agricultural development on a worldwide scale.


13) Answer: A

Short Explanation:

The Defence Research & Development Organisation (DRDO) and the Indian Navy successfully conducted a flight test of the Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM).

The test was carried out from the Integrated Test Range (ITR) in Chandipur, off the coast of Odisha, at approximately 1500 hours.

Detailed Explanation:

The Defence Research & Development Organisation (DRDO) and the Indian Navy successfully conducted a flight test of the Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM).

The test was carried out from the Integrated Test Range (ITR) in Chandipur, off the coast of Odisha, at approximately 1500 hours.

The flight test was carried out from a land-based vertical launcher, targeting a high-speed aerial target flying at a low altitude.

The missile system successfully tracked and engaged the target.

This test aimed to validate multiple updated elements of the weapon system, including the Proximity Fuse and Seeker.

The performance of the system was meticulously tracked and confirmed by various instruments such as the Radar Electro-Optical Tracking System and telemetry deployed at ITR Chandipur.

The VL-SRSAM is a ship-borne weapon system designed to neutralize various aerial threats at close ranges, including sea-skimming targets.


14) Answer: A

Short Explanation:

Bengaluru-based space technology startup Pixxel, which specialises in cutting-edge hyperspectral earth-imaging technology, has won the largest supplier deal by an Indian company from the National Aeronautics and Space Administration (NASA).

It has become part of NASA’s $476-million commercial smallsat data acquisition program.

This contract period for the program runs through November 2028.

Previous Achievements : In December 2022, Pixxel launched its first hyperspectral satellite called Anand.

Detailed Explanation:

Bengaluru-based space technology startup Pixxel, which specialises in cutting-edge hyperspectral earth-imaging technology, has won the largest supplier deal by an Indian company from the National Aeronautics and Space Administration (NASA).

It has become part of NASA’s $476-million commercial smallsat data acquisition program.

This is the first deal by an Indian startup, after the sector was opened to private companies in 2020.

This contract period for the program runs through November 2028.

Contract Details : Pixxel will provide NASA, the US government and academic partners with hyperspectral earth observation data.

This will further empower the administration’s earth science research and application activities.

Upcoming Satellite Launches : Pixxel is making significant strides toward its mission with the upcoming launch of Fireflies, its 5-metre resolution hyperspectral satellites.


15) Answer: E

Short Explanation:

The National Aeronautics and Space Administration (NASA) has approved the launch of the Europa Clipper spacecraft scheduled for October 2024, following a review of its capability to withstand Jupiter’s intense radiation.

Mission Duration and Orbit: It will take six years for the spacecraft to reach Jupiter.

Detailed Explanation:

The National Aeronautics and Space Administration (NASA) has approved the launch of the Europa Clipper spacecraft scheduled for October 2024, following a review of its capability to withstand Jupiter’s intense radiation.

Mission Duration and Orbit: It will take six years for the spacecraft to reach Jupiter.

Once there, it will orbit Jupiter every three weeks and conduct numerous flybys of Europa.

Flybys: The spacecraft is planned to perform dozens of flybys of Europa, as close as 16 miles (25 kilometres).

Spacecraft Size: Europa Clipper is NASA’s largest spacecraft designed for planetary investigation, with a span of over 100 feet (30 metres) when its solar panels are fully deployed.


16) Answer: C

Short Explanation:

Every year of 14th September is celebrated as a Hindi Diwas or Hindi day.

After India got its independence, in the year of 1949 there were a lot of discussions to make Hindi the official language of India.

Then it was decided that 14th September would be observed as Hindi Diwas or Hindi day.

In the year of 1953, the first Hindi Diwas was celebrated.

Detailed Explanation:

Every year of 14th September is celebrated as a Hindi Diwas or Hindi day.

After India got its independence, in the year of 1949 there were a lot of discussions to make Hindi the official language of India.

Then it was decided that 14th September would be observed as Hindi Diwas or Hindi day.

In the year of 1953, the first Hindi Diwas was celebrated.

This decision is also stated in Article 343 of Chapter 17 of the Constitution of India.

It is written as “ The official language of the Union will be Hindi and the script will be Devanagari” in the Constitution of India.

The reason for celebrating Hindi Day on September 14 is, that A Noble and Famous Hindi Literature Vyahar Rajendra Singha was born on 14th September.


17) Answer: A

Short Explanation:

The ICC Men’s Cricket World Cup 2023 generated a substantial $1.39 billion economic impact for India.

International visitors contributed $861.4 million in revenue through accommodation, travel, transportation, and food and beverage.

The event created over 48,000 full- and part-time jobs, adding $18 million to the economy through various sectors involved in hosting the tournament.

Detailed Explanation:

The ICC Men’s Cricket World Cup 2023 generated a substantial $1.39 billion economic impact for India.

International visitors contributed $861.4 million in revenue through accommodation, travel, transportation, and food and beverage.

The event created over 48,000 full- and part-time jobs, adding $18 million to the economy through various sectors involved in hosting the tournament.

73% of local attendees felt the World Cup positively reflected India’s global image.

68% of international attendees would recommend India as a tourist destination to friends and family.

59% of international attendees indicated a high likelihood of revisiting India.

The Economic Impact Assessment was conducted by Nielsen, with data gathered through online and in-person spectator surveys, and the multiplier used is proprietary to Nielsen.


18) Answer: D

Siddharth Choudhary set a new meet record in the men’s shot put event.

Pooja established a new record in the women’s high jump with a jump of 1.80m, surpassing the previous record of 1.75m.

Abinaya Rajarajan won gold in the women’s 100m with a record-breaking time of 11.77 seconds.

Pooja attempted to better her National U-20 high jump record of 1.83m, set at the 2024 World U-20 meet in Peru, but did not clear 1.84m.


19) Answer: C

Short Explanation:

Pixxel is making significant strides toward its mission with the upcoming launch of Fireflies, its 5-metre resolution hyperspectral satellites.

Future Plans : Along with the six upcoming satellites launching shortly, Pixxel plans to expand its constellation to 24 satellites to make hyperspectral data commercially even more broadly available to stakeholders across industries and governments.

Previous Achievements : In December 2022, Pixxel launched its first hyperspectral satellite called Anand.

Detailed Explanation:

Pixxel is making significant strides toward its mission with the upcoming launch of Fireflies, its 5-metre resolution hyperspectral satellites.

It will be the highest-resolution hyperspectral satellite ever launched.

These satellites will capture data across 250 spectral bands, offering more comprehensive coverage with a 40 km swath width and a 24-hour revisit frequency anywhere on the planet.

Future Plans : Along with the six upcoming satellites launching shortly, Pixxel plans to expand its constellation to 24 satellites to make hyperspectral data commercially even more broadly available to stakeholders across industries and governments.

Previous Achievements : In December 2022, Pixxel launched its first hyperspectral satellite called Anand.


20) Answer: E

About ICA :

Established : 1895

Headquarters : Brussels, Belgium

President : Ariel Guarco

Director General : Jeroen Douglas

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