Home » Daily Current Affairs Quiz – 23rd January 2025

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 23rd January 2025. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2025 & other competitive exams can make use of these Current Affairs Quiz.

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1) Recently(Jan ’25), the Reserve Bank of India (RBI) has granted cross-border payments company Skydo Technologies in-principle permission to function as a Payment Aggregator-Cross Border (PA-CB) organization. Which organization recently granted Skydo Payment Service Provider (PSP) approval?

(a) Flipkart

(b) Amazon

(d) Magneto

(e) Square

2) Which organization, given the uncertainty surrounding global trade, revised its 2024–25 GDP growth projection to 6.5–6.8%?

(a) Moody’s

(b) S&P Global ratings

(d) Deloitte India

(e) RBI

3) Recently(Jan ’25), the Shriram Life Sunishchit Laabh, a non-participating individual savings plan offered by Shriram Life Insurance, promises substantial returns of up to 668% of the entire premium paid. What is the minimum age to join this plan?

(a) 15days

(b) 30days

(d) 60days

(e) 90days

4) Recently(Jan ’25), CyberEdge, a new cyber insurance solution from top general insurance provider TATA AIG General Insurance Company, is intended to shield companies of all sizes from a variety of cyberthreats. In the next five years, what percentage of the cyber insurance market does CyberEdge hope to capture?

(a) 20%

(b) 25%

(d) 30%

(e) 50%

5) Which bank has introduced the revolutionary RuPay Credit Card, called “FIRST EA₹N,” which is enabled by UPI, in partnership with RuPay?

(a) YES bank

(b) Axis bank

(d) IDFC First bank

(e) ICICI bank

6) Which Indian port has the most capacity, with over 10 million TEUs as of January 2025?

(a) Deendayal port

(b) Syama Prasad Mookerjee port

(d) Jawaharlal Nehru port

(e) Paradip port

7) In which state , the Ministry of Fisheries, Animal Husbandry & Dairying’s Department of Animal Husbandry & Dairying is holding a two-day conference called “Dialogue for Holistic Development of the Livestock Sector in North East India”?

(a) Meghalaya

(b) Manipur

(d) Sikkim

(e) Mizoram

8) To increase India’s diamond industry’s worldwide competitiveness, the Department of Commerce and Industry has implemented the Diamond Imprest Authorization (DIA) Scheme, which will take effect on April 1, 2025. Under this scheme, it allows for duty-free imports of natural cut and polished diamonds worth less than how many cents?

(a) <20cents

(b) <10cents

(d) <25cents

(e) <50cents

9) Recently(Jan’25),the Centre has begun looking for trial sites for air taxis or electric-vertical takeoff and landing (eVTOL) aircraft. Which state has the Centre started visiting to seek prospective trial sites for eVTOL testing?

(a) Maharashtra

(b) Gujarat

(d) Madhya Pradesh

(e) Telangana

10) In an effort to safeguard, educate, and empower Indian girls, the Beti Bachao Beti Padhao (BBBP) program is celebrating its tenth anniversary, according to the Ministry of Women and Child Development. From 918 in 2014–15 to __________________ in 2023–24, the National Sex Ratio at Birth (SRB) has improved, as determined by BBBP’s Impactful Achievements.

(a) 925

(b) 930

(d) 940

(e) 950

11) Union Minister Pralhad Joshi reiterated the government’s pledge to guarantee that 50% of India’s energy needs are met by renewable sources by 2030 and to boost renewable energy production to how many gigawatts?

(a) 350GW

(b) 300GW

(d) 450GW

(e) 500GW

12) Recently(Jan ’25), The government released draft guidelines for self-regulation of e-commerce in order to safeguard consumers. The Bureau of Indian Standards (BIS) created the standards, which were named “E-commerce – Principles and Guidelines for Self-Governance,” under the direction of which ministry?

(a) Ministry of Commerce & Industry

(b) Ministry of Food & Consumer affairs

(d) Ministry of Finance

(e) Ministry of Public Grievance

13) Which state’s Chief Minister presented a resolution in their state Legislative Assembly urging the Centre to withdraw the 2025 University Grants Commission (UGC) draft regulations and replace them with new norms following discussions with state governments and academic experts?

(a) Karnataka

(b) Kerala

(d) Bihar

(e) Odisha

14) On January 20, 2025, Donald Trump was sworn in as the 47th President of the United States. Out of the following statements, which one is false?

(a) JD Vance was sworn in as the vice president ahead of Trump.

(b) Donald Trump is the 45th and 47th President of the United States, serving from 2017-2021 and re-elected in 2024.

(d) Trump also withdrew the US from the Paris Climate Agreement.

(e) All are true

15) Recently(Jan ’25), The Supersonic Combustion Ramjet (Scramjet) powered hypersonic technology was created by the Defence Research & Development Laboratory (DRDL), located in Hyderabad. How many kilometers per hour are hypersonic missiles capable of traveling?

(a) >5100km/hr

(b) >5000km/hr

(d) >5300km/hr

(e) >5400km/hr

16) The Indian Army will receive 47 T-72 Bridge Laying Tanks (BLT) from Heavy Vehicles Factory under a ₹1,561 crore contract inked by the Ministry of Defence. BLT T-72 carries a prefabricated steel bridge with a span of _____________ meters.

(a) 10m

(b) 15m

(d) 25m

(e) 30m

17) As per the report, the first domestically produced micromissile system, Bhargavastra, which was created to combat the growing threat of swarm drones, has been successfully tested by India. It has a powerful C4I command-and-control center installed.Which “C” is not included in C4I?

(a) Command

(b) Control

(d) Capacity

(e) Computer

18) Skyroot Aerospace has signed a Memorandum of Understanding (MoU) with which government to set up a private rocket manufacturing, integration, and testing facility?

(a) Maharashtra

(b) Gujarat

(d) Madhya Pradesh

(e) Telangana

19) When compared to the net loss of ₹6.58 crore in the same quarter last fiscal year, India Cements Ltd. reported a consolidated net profit of how much crore in Q3 FY25?

(a) ₹116.52 crore

(b) ₹115.52 crore

(d) ₹117.52 crore

(e) ₹118.52 crore

20) In which state, including the naxal-infested Gadchiroli region, has JSW Group declared plans to spend ₹3 lakh crore across many sectors?

(a) Maharashtra

(b) Gujarat

(d) Madhya Pradesh

(e) Telangana

21) Which India-France Maritime Cooperation Dialogue edition fortifies ties for the blue economy and maritime security?

(a) 5th

(b) 6th

(d) 8th

(e) 4th

22) When was Netaji Subhas Chandra Bose Jayanti observed?

(a) January 20

(b) January 21

(d) January 23

(e) January 19

23) In the final of the Physical Disability Champions Trophy 2025, the Indian PD Cricket Team defeated which nation, marking a historic victory?

(a) Australia

(b) England

(d) South Africa

(e) Pakistan

24) According to the Forbes Billionaires list, Elon Musk will remain the world’s richest person in 2025, with a net worth of $433.9 billion, mostly from Tesla and SpaceX. Which country still has the most billionaires (813 in total)?

(a) China

(b) USA

(d) Japan

(e) Russia

25) Recently(Jan ’25), the RIL has signed a Memorandum of Understanding (MoU) with Vadhvan Port Project Limited (VPPL) to allocate a liquid jetty and 50 acres of land at Vadhvan Port using the Public-Private Partnership (PPP) model. How many crores is the estimated investment for this project, which is expected to commence in 2030?

(a) ₹645 crore

(b) ₹640 crore

(d) ₹655 crore

(e) ₹660 crore

Answers :

1) Answer: B

Short Explanation:

Skydo Technologies, a cross-border payments company, has received in-principle authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator-Cross Border (PA-CB) entity.

Recent Achievements:Skydo recently secured Payment Service Provider (PSP) approval from Amazon, enabling it to process payments for exporters participating in Amazon’s Global Selling program.

Detailed Explanation:

Future Plans and Expansion:Srivatsan Sridhar, Co-Founder and CEO of Skydo, expressed plans to scale payments volume 10x over the next 18-24 months.

Movin Jain, Co-founder of Skydo, highlighted plans to introduce new offerings beyond payments, such as credit, tax compliance, Treasury Services, and EDPMS reconciliation.

2) Answer: D

Short Explanation:

Deloitte India has revised its GDP growth forecast for 2024-25 to 6.5-6.8%, with 6.7-7.3% expected in the following year.

Detailed Explanation:

Deloitte India has revised its GDP growth forecast for 2024-25 to 6.5-6.8%, with 6.7-7.3% expected in the following year.

The economy faces challenges with lower-than-expected Q2 growth (5.4%), lagging government capex, election uncertainties, and high inflation.

However, strong rural consumption and a thriving services sector show resilience.

The Indian economy faces a slowing growth-high inflation conundrum, with food prices remaining a key concern.

India needs to adapt to the evolving global landscape and harness its domestic strengths to drive sustainable growth.

3) Answer: B

Short Explanation:

Shriram Life Insurance has launched Shriram Life Sunishchit Laabh, a non-participating individual savings plan that guarantees high returns of up to 668% of the total premium paid.

Terms & Benefits:The plan offers flexible entry options for individuals aged 30 days to 60 years, with a minimum ticket size starting at Rs. 30,000 annually, Rs. 15,500 half-yearly, Rs. 8,000 quarterly, and Rs. 3,000 monthly.

Detailed Explanation:

Shriram Life Insurance has launched Shriram Life Sunishchit Laabh, a non-participating individual savings plan that guarantees high returns of up to 668% of the total premium paid.

It features flexible maturity income payout options, including tax-free payouts for up to 40 years (until a maximum age of 101), ensuring long-term income even during retirement.

The plan also offers death benefits up to 160 times the annualized premium, and customers can modify the payout modes during the policy term.

Ideal for retirement planning, children’s education, family protection, or creating a long-term financial safety net, the plan also includes loyalty rewards and optional riders.

4) Answer: B

Short Explanation:

TATA AIG General Insurance Company, a leading general insurance provider, has introduced CyberEdge, a new cyber insurance solution designed to protect businesses of all sizes against a wide array of cyber risks.

With a strong commitment to enhancing cybersecurity resilience, CyberEdge aims to capture 25% of the cyber insurance market in the coming 5 years.

Detailed Explanation:

The policy offers robust financial and operational support, covering forensic investigations, legal fees, data recovery, extortion payments, and losses from business interruptions.

With a strong commitment to enhancing cybersecurity resilience, CyberEdge aims to capture 25% of the cyber insurance market in the coming 5 years.

The report also projected that these attacks could surge to 1 trillion annually by 2033.

Provides immediate access to Tata AIG’s panel of incident response experts 24/7/365 during a cyber incident.

The first 24 hours are critical, and the First Response service ensures best-in-class legal and IT forensics within 2 hours of contacting the dedicated hotline.

5) Answer: D

Short Explanation:

IDFC FIRST Bank, in collaboration with RuPay, has launched the transformative UPI-enabled RuPay Credit Card named ‘FIRST EA₹N’.

This innovative product is a Fixed Deposit (FD)–backed virtual credit card designed to democratize credit access while offering rewarding benefits for users.

Detailed Explanation:

IDFC FIRST Bank, in collaboration with RuPay, has launched the transformative UPI-enabled RuPay Credit Card named ‘FIRST EA₹N’.

This innovative product is a Fixed Deposit (FD)–backed virtual credit card designed to democratize credit access while offering rewarding benefits for users.

The FIRST EA₹N RuPay Credit Card enables customers to seamlessly access credit via UPI, a feature that stands out in the financial services industry.

Backed by an FD, the card ensures universal eligibility, eliminating barriers for those who might face difficulties obtaining traditional credit cards.

Customers can apply online and instantly access the card, enabling convenient and rewarding transactions.

6) Answer: D

Short Explanation:

Union Minister Shri Sarbananda Sonowal launched projects worth ₹2,000 crore at the Jawaharlal Nehru Port (JNPA), Mumbai.

JNPA’s Achievements:

India’s largest port, with 10+ million TEUs capacity as of January 2025.

Handled its highest-ever container volume of 7.05 million TEUs in 2024, operating at over 90% capacity.

Detailed Explanation:

Union Minister Shri Sarbananda Sonowal launched projects worth ₹2,000 crore at the Jawaharlal Nehru Port (JNPA), Mumbai.

JNPA’s Achievements:

India’s largest port, with 10+ million TEUs capacity as of January 2025.

Handled its highest-ever container volume of 7.05 million TEUs in 2024, operating at over 90% capacity.

Achieved 11% annual growth (Year-on-Year).

Commissioning of Phase 2 of Bharat Mumbai Container Terminal (BMCT) in January 2025, adding 2.4 million TEUs capacity.

Upgradation of Nhava Sheva Freeport Terminal (NSFT) is expected to further increase capacity to 10.4 million TEUs by 2027.

7) Answer: A

Short Explanation:

The Department of Animal Husbandry & Dairying, under the Ministry of Fisheries, Animal Husbandry & Dairying, is hosting a two-day conclave titled “Dialogue for Holistic Development of Livestock Sector in North East India” in Shillong, Meghalaya, on 23rd–24th January 2025.

Detailed Explanation:

The conclave aims to:

Discuss strategies for holistic livestock development in the Northeast Region (NER).

Assess the current status and challenges faced by the sector.

Explore opportunities for growth through value chain strengthening, technology interventions, and policy support.

Facilitate knowledge sharing and capacity building among farmers, entrepreneurs, and policymakers.

Promote sustainable and inclusive farming practices aligned with the One Health approach.

The Government of India’s flagship schemes for livestock development:

Animal Husbandry Infrastructure Development Fund (AHIDF).

Entrepreneurship Development Programme (EDP) under the National Livestock Mission (NLM).

Rashtriya Gokul Mission (RGM).

National Programme for Dairy Development (NPDD).

8) Answer: D

Short Explanation:

The Department of Commerce and Industry has introduced the Diamond Imprest Authorization (DIA) Scheme, effective April 1, 2025, to boost the global competitiveness of India’s diamond industry.

Allows duty-free import of natural cut and polished diamonds less than ¼ carat (25 cents).

Requires an export obligation with a value addition of 10%.

Detailed Explanation:

The Department of Commerce and Industry has introduced the Diamond Imprest Authorization (DIA) Scheme, effective April 1, 2025, to boost the global competitiveness of India’s diamond industry.

The scheme aims to streamline duty-free imports of small diamonds, promote value addition, and boost exports, particularly benefiting MSME exporters.

A press release on the scheme was issued on January 21, 2025.

Key Features of the DIA Scheme:

Allows duty-free import of natural cut and polished diamonds less than ¼ carat (25 cents).

Requires an export obligation with a value addition of 10%.

Available to diamond exporters with Two Star Export House status and above, and annual exports of at least US$15 million.

9) Answer: B

Short Explanation:

The Centre has begun identifying trial sites for air taxis or electric-vertical take off and landing (eVTOL) aircraft.

eVTOL (Electric Vertical Take-Off and Landing) aircraft represent a cutting-edge solution to urban congestion.

The Centre has initiated visits to states like Gujarat to identify potential trial sites for eVTOL testing.

Detailed Explanation:

The Centre has begun identifying trial sites for air taxis or electric-vertical take off and landing (eVTOL) aircraft.

eVTOL (Electric Vertical Take-Off and Landing) aircraft represent a cutting-edge solution to urban congestion.

Promising rapid commutes, eVTOLs are designed to offer sustainable and efficient alternatives to traditional transportation.

The Centre has initiated visits to states like Gujarat to identify potential trial sites for eVTOL testing.

A regulatory sandbox is being developed to allow safe testing of new eVTOL technologies in sites with no habitation, equipped with runways and charging facilities.

An expert team comprising officials from the DGCA, Ministry of Civil Aviation, Airports Authority of India, and industry leaders is overseeing these initiatives.

10) Answer: B

Short Explanation:

The Ministry of Women and Child Development is marking the 10th anniversary of the Beti Bachao Beti Padhao (BBBP) scheme, a decade-long effort to protect, educate, and empower the girl child in India.

National Sex Ratio at Birth (SRB) has improved from 918 in 2014-15 to 930 in 2023-24.

Girls’ Enrollment in Secondary Education has risen from 75.51% in 2014-15 to 78% in 2023-24.

Detailed Explanation:

The anniversary celebration aligns with India’s vision for Viksit Bharat 2047 and the global shift from Women’s Development to Women-Led Development, a theme emphasized during India’s G20 Presidency and now embraced by Brazil’s G20 Presidency.

BBBP’s Impactful Achievements

National Sex Ratio at Birth (SRB) has improved from 918 in 2014-15 to 930 in 2023-24.

Girls’ Enrollment in Secondary Education has risen from 75.51% in 2014-15 to 78% in 2023-24.

Institutional Deliveries increased from 61% to 97.3%.

First Trimester Antenatal Care registrations increased from 61% to 80.5%.

Notable Initiatives and Campaigns:

Yashaswini Bike Expedition: Showcasing women empowerment.

Kanya Shiksha Pravesh Utsav: Re-enrolled over 100,000 out-of-school girls.

Collaboration with Doree TV Show: Raised awareness about girl child abandonment.

National Conference on Skilling: Betiyan Bane Kushal: Promoted workforce participation among girls.

11) Answer: E

Short Explanation:

Union Minister Pralhad Joshi reaffirmed the government’s commitment to increase renewable energy production to 500 GW by 2030 and ensure that 50% of India’s energy requirement comes from renewable sources.

India has progressed from being the 11th largest economy a decade ago to now being one of the top five economies globally, with aspirations to become the third-largest economy soon.

Detailed Explanation:

The minister emphasized that both central and state governments are working rapidly to meet these ambitious targets.

Joshi highlighted that India’s energy requirement is expected to double by 2032.

India has progressed from being the 11th largest economy a decade ago to now being one of the top five economies globally, with aspirations to become the third-largest economy soon.

The minister noted that the COP 2026 Climate Change Conference plans to introduce green taxes on industrial fossil fuel use in several countries to reduce carbon emissions.

12) Answer: B

Short Explanation:

The Indian government has introduced draft guidelines aimed at ensuring self-regulation by e-commerce platforms to protect consumers from fraudulent practices in India’s rapidly growing digital shopping sector.

The guidelines, titled “E-commerce – Principles and Guidelines for Self-Governance,” were prepared by the Bureau of Indian Standards (BIS) under the supervision of the Food and Consumer Affairs Ministry.

Detailed Explanation:

Seller Reviews and Accuracy of Listings:

Consumer Reviews and Ratings:

All consumer reviews and ratings must adhere to IS 19000:2022 standards, covering the collection, moderation, and publication of online consumer reviews to ensure transparency and authenticity.

13) Answer: B

Short Explanation:

Kerala Chief Minister Pinarayi Vijayan presented a resolution in the Kerala Legislative Assembly, urging the Centre to withdraw the 2025 University Grants Commission (UGC) draft regulations and introduce new norms after engaging in discussions with state governments and academic experts.

Detailed Explanation:

In support, Higher Education Minister R Bindu mentioned that Kerala is coordinating with other states, including Tamil Nadu, which also passed a similar resolution earlier this month, highlighting concerns over increased powers for Governors in appointing Vice Chancellors.

Role of State Governments: He reminded that under the 42nd Constitutional Amendment Act (1977), states hold significant responsibilities in establishing and overseeing universities, including funding most of their operations.

14) Answer: E

Short Explanation:

Donald Trump, who took oath as the 47th US President on January 20, 2025.

Donald Trump is the 45th and 47th President of the United States, serving from 2017-2021 and re-elected in 2024.

JD Vance was sworn in as the vice president ahead of Trump.

Usha Vance became the first Indian-American and Hindu Second Lady after her husband J.D. Vance was sworn in as the 50th Vice President of the US.

Supreme Court Justice Brett Kavanaugh, a mentor to Usha Vance, administered the oath to her husband.

Trump also withdrew the US from the Paris Climate Agreement.

Detailed Explanation:

Donald Trump, who took oath as the 47th US President on January 20, 2025.

The 78-year-old Republican leader storms back to the White House with a strongman persona and a vision of an all-powerful presidency with a promise to aggressively reset US policies in a range of domains, including immigration, tariffs and energy.

Donald Trump is the 45th and 47th President of the United States, serving from 2017-2021 and re-elected in 2024.

JD Vance was sworn in as the vice president ahead of Trump.

Usha Vance became the first Indian-American and Hindu Second Lady after her husband J.D. Vance was sworn in as the 50th Vice President of the US.

Supreme Court Justice Brett Kavanaugh, a mentor to Usha Vance, administered the oath to her husband.

External Affairs Minister S Jaishankar attended the inauguration ceremony as Prime Minister Narendra Modi’s special envoy.

Trump declared a national energy emergency to lower energy costs and ramp up oil and gas production in the US.

Trump pulled the US out of the World Health Organization on his first day in office, echoing his earlier stance during the COVID-19 pandemic.

Trump also withdrew the US from the Paris Climate Agreement.

15) Answer: E

Short Explanation:

Defence Research & Development Laboratory (DRDL), Hyderabad, has developed Supersonic Combustion Ramjet (Scramjet) powered hypersonic technology.

DRDL successfully conducted an Active Cooled Scramjet Combustor ground test for 120 seconds, a first in India, demonstrating ignition and stable combustion, which are critical for hypersonic vehicles.

Hypersonic missiles travel at speeds greater than Mach 5 (over 5,400 km/hr), capable of bypassing Air Defence Systems and delivering rapid, high-impact strikes.

Detailed Explanation:

Defence Research & Development Laboratory (DRDL), Hyderabad, has developed Supersonic Combustion Ramjet (Scramjet) powered hypersonic technology.

Hypersonic missiles travel at speeds greater than Mach 5 (over 5,400 km/hr), capable of bypassing Air Defence Systems and delivering rapid, high-impact strikes.

Nations such as the USA, Russia, India, and China are actively pursuing this advanced technology.

Scramjets, key to hypersonic vehicles, are air-breathing engines that sustain combustion at supersonic speeds without moving parts.

Ignition in scramjet engines is described as “keeping a candle lit in a hurricane.”

DRDL achieved significant technical advancements, including innovative flame stabilization techniques to maintain flame at air speeds exceeding 1.5 km/s and advanced Computational Fluid Dynamics (CFD) tools for performance prediction.

16) Answer: C

Short Explanation:

The Ministry of Defence (MoD) has signed a ₹1,561 crore contract with Heavy Vehicles Factory (HVF) for the procurement of 47 T-72 Bridge Laying Tanks (BLT) for the Indian Army.

BLT T-72 carries a prefabricated steel bridge of 20m span which can be launched over an obstacle in shortest time and to facilitate crossing of vehicles.

Detailed Explanation:

The Ministry of Defence (MoD) has signed a ₹1,561 crore contract with Heavy Vehicles Factory (HVF) for the procurement of 47 T-72 Bridge Laying Tanks (BLT) for the Indian Army.

Heavy Vehicles Factory (HVF) is a unit of Armoured Vehicle Nigam Limited (AVNL).

The BLT is critical equipment used to launch bridges during offensive and defensive operations by mechanised forces.

It provides integral bridging capability to the tank and armoured vehicle fleet, enhancing battlefield mobility and offensive capabilities of the Indian Army.

BLT T-72 carries a prefabricated steel bridge of 20m span which can be launched over an obstacle in shortest time and to facilitate crossing of vehicles.

17) Answer: D

Short Explanation:

India has successfully tested its 1st indigenously developed micro-missile system, Bhargavastra, designed to counter the growing threat of swarm drones.

Equipped with a Command-and-Control Centre using advanced C4I (Command, Control, Communications, Computers, and Intelligence) technology.

Detailed Explanation:

India has successfully tested its 1st indigenously developed micro-missile system, Bhargavastra, designed to counter the growing threat of swarm drones.

The tests were conducted at the Gopalpur Seaward Firing Ranges on January 12 and 13, where the system successfully hit designated virtual targets over 2.5 kilometres away, offering a cost-effective and innovative solution to neutralize large-scale drone attacks.

Developed by Economic Explosives Ltd (EEL), a subsidiary of the Solar Group, Bhargavastra is equipped with advanced capabilities, including detecting small incoming drones at a range of over 6 kilometres.

Equipped with a Command-and-Control Centre using advanced C4I (Command, Control, Communications, Computers, and Intelligence) technology.

18) Answer: E

Short Explanation:

Skyroot Aerospace has signed a Memorandum of Understanding (MoU) with the Telangana government to set up an integrated private rocket manufacturing, integration, and testing facility.

The new project will involve an investment of around Rs 500 crore, making it one of the largest private-sector rocket manufacturing facilities in India.

Detailed Explanation:

Skyroot Aerospace has signed a Memorandum of Understanding (MoU) with the Telangana government to set up an integrated private rocket manufacturing, integration, and testing facility.

The new project will involve an investment of around Rs 500 crore, making it one of the largest private-sector rocket manufacturing facilities in India.

The investment aligns with Telangana’s strategic focus on boosting its space and aerospace sectors, with Hyderabad being positioned as a key hub for private sector space work.

Skyroot Aerospace is a Hyderabad-based space technology firm, and its partnership with the Telangana government is seen as a significant boost for the state’s vision of “TelanganaRising” and “HyderabadRising”.

19) Answer: A

Short Explanation:

India Cements Ltd reported a consolidated net profit of ₹116.52 crore in Q3 FY25, a significant improvement from a net loss of ₹6.58 crore in the same period last fiscal.

The profit was largely driven by gains from the sale of investments amounting to ₹584.23 crore.

Consolidated revenue from operations stood at ₹940.81 crore, down from ₹1,113.06 crore in the corresponding period last year.

Detailed Explanation:

India Cements Ltd reported a consolidated net profit of ₹116.52 crore in Q3 FY25, a significant improvement from a net loss of ₹6.58 crore in the same period last fiscal.

The profit was largely driven by gains from the sale of investments amounting to ₹584.23 crore.

Consolidated revenue from operations stood at ₹940.81 crore, down from ₹1,113.06 crore in the corresponding period last year.

Total expenses for the quarter rose to ₹1,259.53 crore, compared to ₹1,182.70 crore in the year-ago period.

Cement Capacity Utilisation:

Achieved 57% capacity utilisation during the quarter.

Domestic Sales Growth:

Domestic sales volume increased by 5%, reflecting an uptick in demand.

20) Answer: A

Short Explanation:

JSW Group has announced plans to invest ₹3 lakh crore across various sectors in Maharashtra, including in the naxal-infested Gadchiroli region.

The commitment was formalized through a Memorandum of Understanding (MoU) signed with the Maharashtra government at the World Economic Forum (WEF) event.

Detailed Explanation:

JSW Group has announced plans to invest ₹3 lakh crore across various sectors in Maharashtra, including in the naxal-infested Gadchiroli region.

The commitment was formalized through a Memorandum of Understanding (MoU) signed with the Maharashtra government at the World Economic Forum (WEF) event.

The investment will cover multiple sectors, including:

Renewable Energy

Infrastructure

Cement

Lithium-Ion Batteries

Solar Modules

Steel manufacturing with clean green technology

Electric vehicle (EV) manufacturing and high-performance EV batteries

21) Answer: C

Short Explanation:

The 7th India-France Maritime Cooperation Dialogue was held on 14 January 2025 in New Delhi.

India and France reaffirmed their shared vision for maritime security, which is central to their Strategic Partnership.

India and France reiterated their shared vision, first expressed in the 2018 Joint Strategic Vision of India-France Cooperation in the Indian Ocean Region, aiming for a free and open Indian Ocean Region.

Detailed Explanation:

The 7th India-France Maritime Cooperation Dialogue was held on 14 January 2025 in New Delhi.

India and France reaffirmed their shared vision for maritime security, which is central to their Strategic Partnership.

The two nations emphasized the importance of upholding international law, multilateralism, sovereignty, and freedom of navigation.

Commitment to Maritime Security: Both countries highlighted their commitment to protecting sea lanes of communication and collaborating between their maritime assets and organisations.

22) Answer: D

Short Explanation:

Netaji Subhas Chandra Bose Jayanti is observed on the 23rd of January 2025.

In Cuttack, Orissa/Odisha, on January 23, 1897, Netaji Subhas Chandra Bose was born. Janakinath Bose and Prabhavati Dutt were his parents.

Detailed Explanation:

Netaji Subhas Chandra Bose Jayanti is observed on the 23rd of January 2025.

In Cuttack, Orissa/Odisha, on January 23, 1897, Netaji Subhas Chandra Bose was born. Janakinath Bose and Prabhavati Dutt were his parents.

With the motto “Delhi Chalo,” Netaji organized and oversaw a 5,000-man army known as the Azad Hind Fauj (Indian National Army) in Southeast Asia during World War II in 1942.

To win over the people in his native Bengal, he also started a new political party called “the Forward Bloc.”

23) Answer: B

Short Explanation:

The Indian Physical Disability (PD) Cricket Team achieved a landmark victory by winning the PD Champions Trophy 2025, defeating England by 79 runs in the final.

The match was held at the FTZ Cricket Grounds, Katunayake, near Colombo.

Detailed Explanation:

The Indian Physical Disability (PD) Cricket Team achieved a landmark victory by winning the PD Champions Trophy 2025, defeating England by 79 runs in the final.

The match was held at the FTZ Cricket Grounds, Katunayake, near Colombo.

India’s Bowling Excellence:

Radhika Prasad starred with the ball, claiming 4 wickets for 19 runs in just 3.2 overs.

Captain Vikrant Keni contributed with an economical spell of 2/15 in 3 overs, showcasing his all-round prowess.

Ravindra Sante kept the pressure on England with figures

24) Answer: B

Short Explanation:

Elon Musk remains the world’s richest person in 2025, with a net worth of $433.9 billion, primarily from Tesla and SpaceX.

The United States of America (USA) continues to lead with 813 billionaires, followed by China with 473, and India ranking third with 200 billionaires.

Detailed Explanation:

Elon Musk remains the world’s richest person in 2025, with a net worth of $433.9 billion, primarily from Tesla and SpaceX.

Jeff Bezos follows at #2 with $239.4 billion from Amazon.

Mark Zuckerberg, Meta founder, moves up to the #3 spot, surpassing Larry Ellison of Oracle.

The top 10 richest people collectively represent a significant portion of the $10 trillion combined wealth, largely driven by US technology stocks.

Notable Trends

The United States continues to lead with 813 billionaires, followed by China with 473, and India ranking third with 200 billionaires.

The collective wealth of the tech leaders such as Larry Ellison, Jeff Bezos, and Google’s Larry Page and Sergey Brin contributed heavily to the overall wealth surge.

These eight tech moguls alone accounted for over $600 billion of the $1.5 trillion increase in the wealth of the world’s wealthiest, as per the Bloomberg Billionaires Index.

25) Answer: A

Short Explanation:

Reliance Industries (RIL) has signed an MoU with Vadhvan Port Project Limited (VPPL) for the allocation of a liquid jetty and 50 acres of land at Vadhvan Port under the Public-Private Partnership (PPP) model.

Investment Value: The estimated investment for this project is ₹645 crore, expected to begin by 2030.

Detailed Explanation:

Investment Value: The estimated investment for this project is ₹645 crore, expected to begin by 2030.

The Housing and Urban Development Corporation (HUDCO), in partnership with VPPL, has committed to funding of up to ₹25,000 crore for the development of new ports and PPP projects.

In December 2024, Terminal Investment Ltd Sàrl (TIL), a Switzerland-based terminal operator, signed an MoU to invest ₹20,000 crore in constructing Vadhvan Port.

VPPL awarded a ₹1,648 crore EPC contract to ITD Cementation India Ltd for the development of 200 hectares in the near-shore area of Vadhvan Port.

The total investment for the Vadhvan Port Project is pegged at ₹76,220 crore, and the project is set to be completed within 18 months.