Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 19th December 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) To commemorate the memory of D.S. Nakara, a trailblazing individual who battled for the rights and dignity of pensioners, Pensioners Day is celebrated every year on ___________ December in India.
(a) 19th
(b) 15th
(c) 16th
(d) 17th
(e) 18th
2) As per the Securities and Exchange Board of India(SEBI) will launch the MITRA platform to track down unclaimed and inactive mutual fund investments. What does “T” stand for in MITRA?
(a) Technology
(b) Transaction
(c) Tracing
(d) Terminal
(e) Taxation
3) How many Edelweiss Group companies have had their business restrictions lifted by the Reserve Bank of India (RBI) with immediate effect?
(a) 1
(b) 2
(c) 3
(d) 4
(e) 5
4) Who was the Central Board of Indirect Taxes and Customs (CBIC) Chairperson, who introduced new programs aimed at enhancing taxpayer services in front of the CBIC Board Members?
(a) Sanjay Kumar Agarwal
(b) Ravi Agarwal
(c) Mahindra Kumar
(d) Praveen Kumar
(e) Kamala Kannan
5) An electronic campaign has been launched by the Central Board of Direct Taxes (CBDT) to help taxpayers reconcile discrepancies between the income and transactions recorded in the Income Tax Returns (ITRs) and the Annual Information Statement (AIS). Which year saw the debut of the e-Verification Scheme, which includes this program to increase compliance?
(a) 2019
(b) 2020
(c) 2021
(d) 2022
(e) 2023
6) Which unicorn fintech company plans to raise between INR 4,000 and INR 5,000 crore through its initial public offering (IPO) by the end of 2025?
(a) Zeta
(b) InCred
(c) Groww
(d) Acko
(e) Upstox
7) What percentage of claims were settled by ICICI Prudential Life Insurance during the July–September quarter of FY2025?
(a) 99.04%
(b) 99.02%
(c) 99.03%
(d) 99.05%
(e) 99.06%
8) Recently(Dec’24), the Union Minister of Youth Affairs and Sports, Mansukh Mandaviya, launched the ‘Fit India’ cycling initiative at the Major Dhyan Chand National Stadium in Delhi. When was the Fit India movement launched?
(a) 2018
(b) 2019
(c) 2017
(d) 2021
(e) 2016
9) India has discontinued duty-free imports of solar power production equipment under the Manufacturing and Other Operations in Warehouse Regulations (MOOWR). Under which section of the Customs Act does bonded warehousing encourage duty deferral for manufacturing and commerce purposes?
(a) Section 62
(b) Section 64
(c) Section 65
(d) Section 66
(e) Section 68
10) In Dehradun, the 10th World Ayurveda Congress (WAC 2024) and the Arogya Expo were inaugurated. How many nations have registered more than 5500 Indian delegates and 350 foreign delegates?
(a) 52
(b) 51
(c) 53
(d) 54
(e) 55
11) By March 2025, Indian travelers may be allowed to visit Russia without a visa. For how many countries do Indian passport holders presently have visa-free entry?
(a) 61
(b) 62
(c) 63
(d) 64
(e) 65
12) Which edition Conference of the UN Convention to Combat Desertification (UNCCD) was held in Riyadh, Saudi Arabia?
(a) 15th
(b) 14th
(c) 16th
(d) 17th
(e) 18th
13) In order to offer housing for the state’s rural poor, Mamata Banerjee, the chief minister of West Bengal (WB), started the “Banglar Bari” initiative. With ₹60,000 issued as the first installment, how many lakhs would be awarded to each qualifying family in total for building a home?
(a) Rs 1.10lakh
(b) Rs 1.20lakh
(c) Rs 1.50lakh
(d) Rs 1.80lakh
(e) Rs 1.60lakh
14) How many PLI sectors would see increased output and sales of over Rs 12.50 lakh crore till August 2024 as a result of the government’s Rs 1.46 lakh crore investment being realized?
(a) 12
(b) 13
(c) 14
(d) 15
(e) 16
15) Recently (Dec 2024), What is the new deadline set by the Delhi Development Authority (DDA) for the completion of the Bharat Vandana Park in Dwarka’s Sector 20?
(a) December 31, 2024
(b) March 31, 2025
(c) June 30, 2025
(d) September 30, 2025
(e) January 31, 2025
16) The GST Council, under Finance Minister Nirmala Sitharaman, will convene in Jaisalmer soon to deliberate and make decisions on a number of significant matters. From which year will a 5% GST on delivery fees from apps like Zomato and Swiggy be implemented retroactively?
(a) 2021
(b) 2022
(c) 2023
(d) 2019
(e) 2018
17) For the first time, Real Madrid striker Vinícius Júnior, a Brazilian, has won the title of Best FIFA Men’s Player. In the women’s division, who prevailed?
(a) Marta
(b) Aitana Bonmati
(c) Kim Little
(d) Alexia Putellas
(e) Salma Paralluelo
18) On December 18, 2024, the Indian Naval Ship (INS) Nirdeshak, a cutting-edge survey ship, will be put into service at the Naval Dockyard in Visakhapatnam. It was constructed by ___________.
(a) HAL
(b) GRSE
(c) CSL
(d) L&T
(e) DRDO
19) An ‘anti-pesticide’ suit called Kisan Kavach was created by the Department of Biotechnology (DBT) and BRIC-inStem Bangalore to shield farm workers from hazardous pesticide exposure during spraying. What was the cost of the suit?
(a) Rs 1000
(b) Rs 2000
(c) Rs 3000
(d) Rs 4000
(e) Rs 5000
20) A global effort was started by Meta to protect its users against online frauds. How many important bodies from Indian government organizations are involved in the campaign?
(a) 2
(b) 3
(c) 4
(d) 5
(e) 6
21) Recently, IEPFA and ACCA collaborated to increase financial literacy in India. ACCA’s Financial Literacy Program, commonly known as “Financial Education for You” (FEFY), is a _____year education developed for students in grades 6-9.
(a) 1
(b) 2
(c) 3
(d) 4
(e) 5
22) The Indian women’s junior hockey team successfully defended their Women’s Junior Asia Cup championship with a dramatic penalty shoot-out triumph against which country in Muscat, Oman?
(a) Japan
(b) China
(c) South Korea
(d) Malaysia
(e) Norway
23) Recently in the news, Mumbai defeated Madhya Pradesh by five wickets in the final at the M Chinnaswamy Stadium in Bengaluru to win the Syed Mushtaq Ali Trophy 2024. Who was the top scorer in Mumbai Chase?
(a) Ajinkya Rahane
(b) Suryansh Shedge
(c) Atharva Ankolekar
(d) Suryakumar Yadav
(e) Rajat Patidar
24) The acquisition by Ramon Investments Private Limited of a portion of Speed JVcoS.àr.l. has been authorized by the Competition Commission of India (CCI). Ramon Investments Private Limited is a fully owned subsidiary of Temasek Holdings (Private) Limited, an investment firm with its headquarters located in __________.
(a) Singapore
(b) Mauritius
(c) South Korea
(d) Norway
(e) Vietnam
25) What is the currency of Switzerland?
(a) Peso
(b) Euro
(c) Franc
(d) Dollar
(e) Pound
Answers :
1) Answer: D
Short Explanation:
Pensioners Day is observed annually on 17th December in India to honor the legacy of D.S. Nakara, a pioneering figure who fought for the rights and dignity of pensioners.
This day commemorates the landmark Supreme Court judgment of 1982, which secured equality and justice for pensioners and retired officials.
Detailed Explanation:
Pensioners Day is observed annually on 17th December in India to honor the legacy of D.S. Nakara, a pioneering figure who fought for the rights and dignity of pensioners.
This day commemorates the landmark Supreme Court judgment of 1982, which secured equality and justice for pensioners and retired officials.
D.S. Nakara’s Role:
Nakara, a retired official from the Department of Defense, challenged a discriminatory pension policy in the Supreme Court, which only benefited employees who retired after March 31, 1979.
Supreme Court Verdict:
The court declared the discrimination unconstitutional, stating that pension benefits should be equally available to all eligible individuals, regardless of their retirement date.
This judgment became known as the “Magna Carta of Pensioners”, as it guaranteed the dignity and economic security of pensioners.
2) Answer: C
Short Explanation:
The Securities and Exchange Board of India (SEBI) has proposed the creation of MITRA (Mutual Fund Investment Tracing and Retrieval Assistant).
MITRA will be a centralized platform enabling investors to search for inactive mutual fund investments at an industry level.
Detailed Explanation:
The Securities and Exchange Board of India (SEBI) has proposed the creation of MITRA (Mutual Fund Investment Tracing and Retrieval Assistant).
MITRA will be a centralized platform enabling investors to search for inactive mutual fund investments at an industry level.
Platform Features:The platform will allow investors to search for inactive and unclaimed mutual fund investments.
It will be jointly developed and hosted by CAMS (Computer Age Management Services) and KFin Technologies, which are qualified Registrar and Transfer Agents (RTAs).
3) Answer: B
Short Explanation:
The Reserve Bank of India (RBI) lifted business restrictions on two entities of the Edelweiss Group, ECL Finance Limited and Edelweiss Asset Reconstruction Company Limited (Edelweiss ARC), with immediate effect.
Detailed Explanation:
The Reserve Bank of India (RBI) lifted business restrictions on two entities of the Edelweiss Group, ECL Finance Limited and Edelweiss Asset Reconstruction Company Limited (Edelweiss ARC), with immediate effect.
Imposition of Restrictions: On May 29, 2024, RBI imposed business restrictions under the Reserve Bank of India Act, 1934, and the SARFAESI Act, 2002.
ECL Finance Ltd was directed to cease structured transactions related to its wholesale exposures, except for regular repayments or account closures.
Edelweiss ARC was restricted from acquiring financial assets, including security receipts (SRs), or reorganizing SRs into senior and subordinate tranches.
4) Answer: A
Short Explanation:
Shri Sanjay Kumar Agarwal, Chairperson of the Central Board of Indirect Taxes and Customs (CBIC), launched new initiatives in the presence of the CBIC Board Members, focusing on improving taxpayer services.
Detailed Explanation:
Shri Sanjay Kumar Agarwal, Chairperson of the Central Board of Indirect Taxes and Customs (CBIC), launched new initiatives in the presence of the CBIC Board Members, focusing on improving taxpayer services.
The initiatives aim to simplify tax processes, enhance transparency, and build trust with taxpayers by empowering them and incorporating their feedback.
A new platform allows taxpayers to submit suggestions for improving tax policies and procedures.
This initiative is part of insights from Chintan Shivir 2023.
Aimed at collaboration with taxpayers to create a more business-friendly tax environment.
5) Answer: C
Short Explanation:
The Central Board of Direct Taxes (CBDT) has initiated an electronic campaign to assist taxpayers in resolving mismatches between income and transactions reported in the Annual Information Statement (AIS) and those disclosed in Income Tax Returns (ITRs) for FY 2023-24 and FY 2021-22.
e-Verification Scheme, 2021: This campaign is part of the e-Verification Scheme launched in 2021 to improve compliance.
For FY 2021-22, the updated ITRs can be filed by March 31, 2025.
Detailed Explanation:
The Central Board of Direct Taxes (CBDT) has initiated an electronic campaign to assist taxpayers in resolving mismatches between income and transactions reported in the Annual Information Statement (AIS) and those disclosed in Income Tax Returns (ITRs) for FY 2023-24 and FY 2021-22.
Target Audience:Taxpayers with mismatches between AIS and ITRs.
Individuals with taxable income or high-value transactions reported in AIS but who have not filed ITRs for the respective years.
e-Verification Scheme, 2021: This campaign is part of the e-Verification Scheme launched in 2021 to improve compliance.
Informational Messages:SMS and email messages have been sent to taxpayers and non-filers.
These messages remind individuals to file revised or belated ITRs for FY 2023-24.
The last date for filing revised or belated ITRs for FY 2023-24 is December 31, 2024.
For FY 2021-22, the updated ITRs can be filed by March 31, 2025.
AIS Portal Feedback:Taxpayers can provide feedback or dispute information reported in the AIS via the e-filing portal
6) Answer: B
Short Explanation:
InCred, a fintech unicorn, is planning its initial public offering (IPO) to raise INR 4,000 Cr (approx. $470 Mn) to INR 5,000 Cr (approx. $590 Mn) by late 2025.
Detailed Explanation:
InCred, a fintech unicorn, is planning its initial public offering (IPO) to raise INR 4,000 Cr (approx. $470 Mn) to INR 5,000 Cr (approx. $590 Mn) by late 2025.
The company is targeting a valuation between INR 15,000 Cr (approx. $1.78 Bn) and INR 22,500 Cr (approx. $2.6 Bn).
InCred aims to finalize merchant bankers to manage the IPO by January 2025, with a launch expected around Diwali 2025.
The IPO will include an Offer for Sale (OFS) component, allowing existing investors to offload stakes and realize returns.
InCred’s founder and CEO, Bhupinder Singh, stated the IPO will only proceed once global private equity firm KKR, which holds a 13.4% stake, agrees to sell its shares during the IPO.
7) Answer: A
Short Explanation:
ICICI Prudential Life Insurance recorded a claim settlement ratio of 99.04% for the July-September quarter of FY2025.
Detailed Explanation:
ICICI Prudential Life Insurance recorded a claim settlement ratio of 99.04% for the July-September quarter of FY2025.
This is the highest claim settlement ratio among all life insurance companies in the country for the mentioned period.
The average claim settlement turnaround time was just 1.2 days, indicating quick processing of claims by the insurer.
The total value of death claims settled by ICICI Prudential Life Insurance during this period was ₹451.05 crore.
8) Answer: B
Short Explanation:
Union Minister of Youth Affairs and Sports, Mansukh Mandaviya, flagged off the ‘Fit India’ cycling movement at the Major Dhyan Chand National Stadium in Delhi.
The Fit India Movement, launched in 2019 by Prime Minister Narendra Modi, serves as the foundation for this initiative.
Detailed Explanation:
Union Minister of Youth Affairs and Sports, Mansukh Mandaviya, flagged off the ‘Fit India’ cycling movement at the Major Dhyan Chand National Stadium in Delhi.
The event marks a nationwide campaign with cycling events held at 1,000 locations nationwide.
Aimed at promoting fitness, combating pollution, and building a healthier and developed nation.
Encourages individuals to dedicate at least one hour a week to cycling.
The minister participated in a cycling ride from the stadium to Raisina Hills and back.
Elite athletes, fitness influencers, and political figures, including BJP MP Tejasvi Surya, also joined the event.
The event was organized in collaboration with:
Cycling Federation of India (CFI).
MY Bharat initiative.
Sports Authority of India (SAI) regional centres.
Khelo India centres (KICs).
District administrations across the nation.
The Fit India Movement, launched in 2019 by Prime Minister Narendra Modi, serves as the foundation for this initiative.
9) Answer: C
Short Explanation:
India has scrapped duty-free imports for solar power generation equipment under the Manufacturing and Other Operations in Warehouse Regulations (MOOWR).
Effective 17 December 2024, the Central Board of Indirect Taxes and Customs (CBIC) has prohibited customs-bonded warehouses from being used for solar power generation.
Companies relying on duty-free imports must now undergo “de-bonding” of goods, requiring payment of customs duties and taxes.
Bonded warehousing under Section 65 of the Customs Act promotes duty deferment for manufacturing and trade.
Detailed Explanation:
India has scrapped duty-free imports for solar power generation equipment under the Manufacturing and Other Operations in Warehouse Regulations (MOOWR).
Effective 17 December 2024, the Central Board of Indirect Taxes and Customs (CBIC) has prohibited customs-bonded warehouses from being used for solar power generation.
Reason for Withdrawal:
Government Concern: Potential revenue losses and misuse of bonded warehousing benefits.
The decision aims to protect public interest and create a level playing field in the renewable energy sector.
Implications for Solar Sector:
Companies relying on duty-free imports must now undergo “de-bonding” of goods, requiring payment of customs duties and taxes.
This move could cause cash flow disruptions and affect profitability for firms already utilizing the scheme.
Expert Views:
Rajat Mohan (AMRG & Associates):
Bonded warehousing allowed indefinite customs duty deferment for imported goods, creating risks of misuse.
The solar industry already benefits from GST concessions and government subsidies, making warehousing benefits unnecessary.
Saurabh Agarwal (EY):
The policy change retroactively affects companies, forcing import duty payments on previously duty-free equipment.
Firms with fixed Power Purchase Agreements (PPAs) may face profitability challenges if tariff adjustments due to legal changes are not accounted for.
Broader Context:
Bonded warehousing under Section 65 of the Customs Act promotes duty deferment for manufacturing and trade.
10) Answer: D
Short Explanation:
The 10th World Ayurveda Congress (WAC 2024) and the Arogya Expo were inaugurated in Dehradun, marking a pivotal event for Ayurveda and digital health.
Participants: Over 5500 Indian delegates and 350 international delegates from 54 countries have registered.
Theme for WAC 2024:”Digital Health: An Ayurveda Perspective”
This theme will explore how modern technologies can transform Ayurveda by enhancing healthcare delivery, improving research, and ensuring its integration into the evolving global health landscape.
Detailed Explanation:
The 10th World Ayurveda Congress (WAC 2024) and the Arogya Expo were inaugurated in Dehradun, marking a pivotal event for Ayurveda and digital health.
Vaidya Rajesh Kotecha discussed the importance of Ayush Grid, a tech-enabled solution aimed at enhancing healthcare effectiveness, safety, and affordability. He also shared that over $1.3 billion investment is in the pipeline from global partners.
Organizer: The event is organized by the World Ayurveda Foundation (WAF), an initiative by Vijnana Bharati.
Participants: Over 5500 Indian delegates and 350 international delegates from 54 countries have registered.
Duration: The event will span 4 days and will feature:
150+ scientific sessions
13 associate events
Plenary sessions
Technical sessions and panel discussions
Theme for WAC 2024:”Digital Health: An Ayurveda Perspective”
This theme will explore how modern technologies can transform Ayurveda by enhancing healthcare delivery, improving research, and ensuring its integration into the evolving global health landscape.
11) Answer: B
Short Explanation:
By March 2025, Indian tourists may be able to enter Russia without requiring a visa.
Indian passport holders currently enjoy visa-free access to 62 countries.
Detailed Explanation:
By March 2025, Indian tourists may be able to enter Russia without requiring a visa.
Indian passport holders currently enjoy visa-free access to 62 countries.
Current Visa Requirements:Currently, Indian visitors need visas based on their travel purposes (tourist, business, humanitarian, private, work, or student categories).
Tourism Growth in Moscow:Indian tourism to Moscow has been increasing. In the first half of 2024, 28,500 Indian tourists visited Moscow, a 1.5-fold increase compared to the same period in 2023.
India ranked high in 2023 among non-CIS countries, with over 60,000 visitors, marking a 26% increase compared to 2022.
India is considered a priority market for Moscow due to strong ties between the two countries.
12) Answer: C
Short Explanation:
The 16th Conference of the UN Convention to Combat Desertification (UNCCD) took place in Riyadh, Saudi Arabia.
The talks ended without a binding agreement on addressing droughts, despite increasing global aridification trends.
Detailed Explanation:
The 16th Conference of the UN Convention to Combat Desertification (UNCCD) took place in Riyadh, Saudi Arabia.
The talks ended without a binding agreement on addressing droughts, despite increasing global aridification trends.
Deferment of Global Drought Response:Nations deferred consensus on a global drought response regime to the COP17 conference scheduled for 2026 in Mongolia, coinciding with the International Year of Rangelands and Pastoralists.
Funding for Land Restoration:Funding for land restoration has increased from $37 billion in 2016 to $66 billion by 2022. However, this still falls short of the estimated need of $355 billion per year.
13) Answer: B
Short Explanation:
West Bengal (WB) Chief Minister (CM) Mamata Banerjee launched the “Banglar Bari” scheme to provide houses for the rural poor in the state.
Details of the Scheme:A total of ₹1.20 lakh will be given to each eligible family for constructing a house, with ₹60,000 released as the first installment.
Detailed Explanation:
West Bengal (WB) Chief Minister (CM) Mamata Banerjee launched the “Banglar Bari” scheme to provide houses for the rural poor in the state.
The scheme was launched ahead of the 2024 Lok Sabha elections, as a response to the Centre’s failure to release funds for PM Awas Yojana (PMAY).
42 beneficiaries across 21 districts received the first installment of funds as part of the launch event.
Details of the Scheme:A total of ₹1.20 lakh will be given to each eligible family for constructing a house, with ₹60,000 released as the first installment.
Beneficiaries in certain regions, including Jangalmahal and Darjeeling hills, will receive ₹1.30 lakh.
The scheme was initiated after 12 lakh beneficiaries in the state were identified as eligible.
14) Answer: C
Short Explanation:
The government investment of Rs 1.46 lakh crore has been realized, resulting in incremental production and sales of over Rs 12.50 lakh crore across 14 PLI sectors till August 2024.
Detailed Explanation:
The government investment of Rs 1.46 lakh crore has been realized, resulting in incremental production and sales of over Rs 12.50 lakh crore across 14 PLI sectors till August 2024.
PLI Scheme Performance (August 2024):
Investment Realised: ₹1.46 lakh crore across 14 sectors.
Incremental Production and Sales: Over ₹12.50 lakh crore.
Employment Generated: Over 9.5 lakh jobs.
Exports Surpassed: ₹4 lakh crore.
Objective: Enhance manufacturing capabilities, promote exports, and support India’s vision of becoming self-reliant.
Total Outlay: ₹1.97 lakh crore across 14 key sectors.
Exports Growth: Increased by 100% since the implementation of Free Trade Agreements (FTAs) until 2023-24.
Imports Growth: Grew by 84.7% during the same period.
15) Answer: B
Short Explanation:
The Delhi Development Authority (DDA) has set March 31, 2025, as the new deadline to complete the Bharat Vandana Park in Dwarka’s Sector 20.
A 200-acre facility designed to showcase India’s cultural diversity, shaped like lotus petals.
Detailed Explanation:
The Delhi Development Authority (DDA) has set March 31, 2025, as the new deadline to complete the Bharat Vandana Park in Dwarka’s Sector 20.
Construction of entry plazas, restaurant, kiosks, and 20 toilet blocks is complete.
85% of the pylons and skywalk structures are finished.
Horticulture and landscape work are expected to conclude by December, with pathway and road work in the final stage.
A 200-acre facility designed to showcase India’s cultural diversity, shaped like lotus petals.
Waterbodies cover 25% of the park, including restored natural features.
Cultural and Recreational Zones:
Congregation zone for picnics and gatherings.
PushpkritiVatika, meditation zone, and an eco-zone resembling a forest.
Fun Park with animatronics, open gyms, and adventure activities like zip-lining.
16) Answer: B
Short Explanation:
The GST Council, chaired by Finance Minister Nirmala Sitharaman, is set to discuss and decide on several important issues in its upcoming meeting in Jaisalmer.
A 5% GST on delivery charges by apps like Zomato and Swiggy will be applied retrospectively from 2022.
Detailed Explanation:
The GST Council, chaired by Finance Minister Nirmala Sitharaman, is set to discuss and decide on several important issues in its upcoming meeting in Jaisalmer.
A 5% GST on delivery charges by apps like Zomato and Swiggy will be applied retrospectively from 2022.
The clarification could lead to a tax liability of around ₹750 crore, as these platforms may find it challenging to collect tax for past transactions.
Going forward, this move is unlikely to significantly burden consumers as delivery charges constitute a small part of total order costs.
GST authorities had earlier proposed an 18% levy, prompting the Council to settle at 5% without input tax credit (ITC).
17) Answer: B
Vinícius Júnior, Brazilian and Real Madrid forward, has been crowned The Best FIFA Men’s Player for the first time.
He is the first Brazilian to win the award since 2007 and the first in its current format.
Aitana Bonmatí, the champion of Spain’s FIFA Women’s World Cup 2023, has been voted The Best FIFA Women’s Player of 2024.
Major Titles Won in 2023/24:
UEFA Champions League: Scored in the final, helping secure Real Madrid’s victory.
Spanish La Liga: Contributed significantly to Real Madrid’s league triumph.
Supercopa de Espana: Dominated the final with a hat-trick performance.
Named UEFA Champions League Player of the Season.
18) Answer: B
Short Explanation:
Indian Naval Ship (INS) Nirdeshak, a state-of-the-art survey vessel, will be commissioned on 18 December 2024 at Naval Dockyard, Visakhapatnam.
Built by Garden Reach Shipbuilders & Engineers (GRSE), Kolkata, INS Nirdeshak has over 80% indigenous content, showcasing India’s capabilities in ship design and construction.
Detailed Explanation:
Indian Naval Ship (INS) Nirdeshak, a state-of-the-art survey vessel, will be commissioned on 18 December 2024 at Naval Dockyard, Visakhapatnam.
The ceremony will be presided over by Union Minister of State for Defence, Shri Sanjay Seth.
It will be hosted by the Flag Officer Commanding-in-Chief, Eastern Naval Command.
Built by Garden Reach Shipbuilders & Engineers (GRSE), Kolkata, INS Nirdeshak has over 80% indigenous content, showcasing India’s capabilities in ship design and construction.
The ship is part of the Survey Vessel (Large) Project.
Indian Naval Ship (INS) Nirdeshak launched on 26 May 2022.
19) Answer: D
Short Explanation:
The Department of Biotechnology (DBT) and BRIC-inStem Bangalore developed an ‘anti-pesticide’ suit named Kisan Kavach to protect farm laborers from harmful pesticide exposure during spraying activities.
Affordability: The price of the suit is ₹4,000, and efforts are underway to reduce its cost to make it accessible to more farmers.
Detailed Explanation:
The Department of Biotechnology (DBT) and BRIC-inStem Bangalore developed an ‘anti-pesticide’ suit named Kisan Kavach to protect farm laborers from harmful pesticide exposure during spraying activities.
Suit Composition: The suit consists of a trouser, pullover, and face-cover made from ‘oxime fabric,’ designed to chemically break down pesticides that come in contact with the fabric, preventing them from being absorbed by the skin.
Product Features: The Kisan Kavach retains its protective qualities even after 150 washes and is effective across a wide temperature range, even under UV-light exposure.
Affordability: The price of the suit is ₹4,000, and efforts are underway to reduce its cost to make it accessible to more farmers.
Field Surveys: Research on pesticide exposure, involving 200 farmers in 60 villages, revealed dangerous health effects from direct exposure to pesticides during spraying.
20) Answer: B
Short Explanation:
Meta launched a global campaign to help users stay safe from online scams across its platforms, including WhatsApp, Instagram, and Marketplace.
The campaign is a joint initiative with three key Indian government bodies:
Ministry of Electronics and Information Technology (MeitY)
Indian Cybercrime Coordination Centre (I4C)
Ministry of Information and Broadcasting (MIB)
Detailed Explanation:
Meta launched a global campaign to help users stay safe from online scams across its platforms, including WhatsApp, Instagram, and Marketplace.
Meta introduced new tools to detect and prevent scams on its platforms, aiming to protect users from fraudulent activities.
The campaign is a joint initiative with three key Indian government bodies:
Ministry of Electronics and Information Technology (MeitY)
Indian Cybercrime Coordination Centre (I4C)
Ministry of Information and Broadcasting (MIB)
This partnership supports efforts to combat the rise in scams and cyber frauds in India.
Meta released a musical remake of the iconic track “Oye Lucky Lucky Oye” featuring actor Abhay Deol to enhance scam awareness, leveraging entertainment to educate users.
21) Answer: D
Short Explanation:
The Investor Education and Protection Fund Authority (IEPFA) and the Association of Chartered Certified Accountants (ACCA) have signed a Memorandum of Understanding (MOU) aimed at enhancing financial literacy, investor education, and investor protection across India.
ACCA’s Financial Literacy Program:
Known as “Financial Education for You” (FEFY), this is a four-year course designed for schoolchildren in grades 6-9.
The program aims to promote sound financial decision-making, creating a foundation for future investors.
Detailed Explanation:
The Investor Education and Protection Fund Authority (IEPFA) and the Association of Chartered Certified Accountants (ACCA) have signed a Memorandum of Understanding (MOU) aimed at enhancing financial literacy, investor education, and investor protection across India.
Mrs. Anita Shah Akella, CEO of IEPFA and Joint Secretary, Ministry of Corporate Affairs
Helen Brand OBE, Chief Executive of ACCA
Main Objective: The partnership focuses on improving financial literacy by targeting young minds, especially students in grades 6 to 9, to equip them with essential financial skills for a secure financial future.
ACCA’s Financial Literacy Program:
Known as “Financial Education for You” (FEFY), this is a four-year course designed for schoolchildren in grades 6-9.
The program aims to promote sound financial decision-making, creating a foundation for future investors.
22) Answer: B
Short Explanation:
The Indian women’s junior hockey team successfully defended their Women’s Junior Asia Cup title with a thrilling 3-2 penalty shoot-out win over China in the final held in Muscat, Oman.
Detailed Explanation:
The Indian women’s junior hockey team successfully defended their Women’s Junior Asia Cup title with a thrilling 3-2 penalty shoot-out win over China in the final held in Muscat, Oman.
The match ended 1-1 in regulation time, with India securing their second consecutive title after their victory in the 2023 edition.
This win also guaranteed India a spot in the 2025 FIH Women’s Junior Hockey World Cup in Chile, alongside other top teams like China, Japan, South Korea, and Malaysia.
23) Answer: E
Mumbai won the Syed Mushtaq Ali Trophy 2024 with a commanding five-wicket victory over Madhya Pradesh in the final at the M Chinnaswamy Stadium, Bengaluru.
Madhya Pradesh’s Innings:
Total: 174/8 in 20 overs.
Top scorer: Rajat Patidar – 81 off 40 balls (6 fours, 6 sixes).
Mumbai’s early breakthroughs and strong middle overs helped restrict MP, despite Patidar’s late blitz.
Mumbai’s Chase:
Total: 180/5 in 17.5 overs.
Top scorer: Suryakumar Yadav – 48 off 35 balls.
Match-winner: Suryansh Shedge – an unbeaten 36 off 15 balls, hitting 3 fours and 3 sixes.
Atharva Ankolekar contributed with a quickfire 16 off 6 balls to finish the match.
This was Mumbai’s second Syed Mushtaq Ali Trophy title after their first win in 2022.
24) Answer: A
Short Explanation:
The Competition Commission of India (CCI) has approved the acquisition of a certain stake in Speed JVcoS.àr.l. (Target) by Ramon Investments Private. Limited. (Acquirer).
Ramon Investments Private. Limited. is an investment holding company with no business operations other than holding investments. It is a wholly owned subsidiary of Temasek Holdings (Private) Limited, a Singapore-based investment company.
Detailed Explanation:
The Competition Commission of India (CCI) has approved the acquisition of a certain stake in Speed JVcoS.àr.l. (Target) by Ramon Investments Private. Limited. (Acquirer).
Ramon Investments Private. Limited. is an investment holding company with no business operations other than holding investments. It is a wholly owned subsidiary of Temasek Holdings (Private) Limited, a Singapore-based investment company.
Temasek is an investment company with a broad global portfolio in various sectors, including transportation, financial services, telecommunications, media & technology, consumer & real estate, life sciences & agri-food, and multi-sector funds.
25) Answer: C
About Switzerland :
Capital : Bern
Currency : Swiss franc
