Daily Current Affairs Quiz – 24th December 2024

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 24th 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.

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1) Which edition of the Central Bank of India’s (CBI) Foundation Day was observed by the CBI Regional Office in Ranchi?

(a) 112th

(b) 113th

(d) 115th

(e) 116th

2) The Reserve Bank of India is asked by banks to extend the deadline for adhering to overlapping lending regulations. How many years have banks requested to fully comply with the regulations, and have they requested an extension beyond the two-year deadline?

(a) 3years

(b) 4years

(d) 10years

(e) 12years

3) The Securities and Exchange Board of India (SEBI) uncovered a front-running scheme involving Sachin Bakul Dagli, equity dealer at PNB MetLife India Insurance Company, and eight other entities. How many crores were the total illegal gains from front-running activities?

(a) ₹21.16 crore

(b) ₹21.12 crore

(d) ₹21.15 crore

(e) ₹21.18 crore

4) Recently(Dec’24), Prime Minister Narendra Modi will attend Christmas celebrations at the Catholic Bishops Conference of India (CBCI) Centre. When was the CBCI established?

(a) 1945

(b) 1944

(d) 1943

(e) 1946

5) Recently, the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, which began on October 1, 2024, provided subsidies to EV manufacturers worth how many crores?

(a) ₹344 crore

(b) ₹334 crore

(d) ₹364 crore

(e) ₹384 crore

6) Which department plans to launch two innovative mobile applications, ‘Jago Grahak Jago App’ and ‘Jagriti App’?

(a) Department of Consumer Affairs

(b) Department of Education

(d) Department of Telecommunication

(e) Department of Posts

7) In order to further cement Noida International Airport’s position as a major economic driver, plans for the Commercial District, which will span how many acres, aim to create a thriving center for both business and leisure?

(a) 172-acre

(b) 171-acre

(d) 173-acre

(e) 175-acre

8) In order to advance and enhance educational and employment opportunities, which Language Comprehensive Development Act, 2022, did the Sammelana pass a resolution for its full implementation?

(a) Malayalam

(b) Telugu

(d) Marathi

(e) Hindi

9) Which state noticed the tagging of the first Ganges river dolphin (Platanista gangetica), which was a significant turning point for Project Dolphin?

(a) Assam

(b) Bihar

(d) Madhya Pradesh

(e) Odisha

10) As per report, India’s Priority Sector Lending (PSL) framework has been subject to significant reforms suggested by the Confederation of Indian Industry (CII). What percentage of GDP comes from agriculture now, compared to 30% in the 1990s?

(a) 12%

(b) 13%

(d) 15%

(e) 16%

11) As per the report, Union Finance Minister Nirmala Sitharaman presided over the 55th GST Council meeting, which produced a number of significant rulings on tax rates and clarifications on a range of goods and services. How many items has the panel investigating the rationalization of GST rates taken longer to reach a decision?

(a) 128

(b) 138

(d) 158

(e) 168

12) Recently, Prime Minister Narendra Modi has received Kuwait’s highest honor, the Order of Mubarak Al-Kabeer, for his efforts to strengthen bilateral relations. PM Modi’s visit to Kuwait is India’s first in how many years?

(a) 40years

(b) 41years

(d) 45years

(e) 48years

13) Which former justice from the Supreme Court was named the UN Internal Justice Council’s chairperson?

(a) Carmen Artigas

(b) Rosalie Balkin

(d) Stefan Brezina

(e) Jay Pozenel

14) Which Indian-American venture capitalist was named the Senior White House Policy Advisor on Artificial Intelligence (AI) by US President-elect Donald Trump?

(a) Jay Bhattacharya

(b) Vivek Ramaswamy

(d) Kash Patel

(e) Sriram Krishnan

15) The Indian defense sector’s push for self-reliance continues, with a focus on reducing reliance on imports, particularly in the context of global conflicts such as the Russia-Ukraine war. India is developing an indigenous aero engine for the Advanced Medium Combat Aircraft (AMCA) to reduce reliance on foreign suppliers, including which country?

(a) China

(b) US

(d) France

(e) Germany

16) The _______SpaDeX mission will carry 24 PS4-Orbital Experiment Module (POEM-4) payloads, four of which have been developed by academic institutions and start-ups in Karantaka.

(a) PSLV-C60

(b) PSLV-C20

(d) PSLV-C50

(e) PSLV-C70

17) The Indian Space Research Organisation and the European Space Agency (ESA) have collaborated to advance human spaceflight. Where was the ESA headquarters?

(a) Germany

(b) France

(d) Japan

(e) Russia

18) Recently, India won the inaugural Women’s U-19 Asia Cup with a 41-run victory over which country at the Bayuemas Oval, Kuala Lumpur?

(a) Srilanka

(b) Bangladesh

(d) Australia

(e) England

19) Reently, Rohan Mirchandani, Co-Founder of Epigamia passed away. Which year did Mirchandani establish Drums Food International, which went on to become well-known in India for its Greek yogurt brand Epigamia?

(a) 2012

(b) 2013

(d) 2015

(e) 2016

20) When is the 2024 National Consumer Rights Day observed?

(a) December 22

(b) December 23

(d) December 21

(e) December 20

Answers :

1) Answer: C

Short Explanation:

The Central Bank of India (CBI) Regional Office in Ranchi celebrated the 114th Foundation Day of the bank.

The bank has around 5,000 branches across India, with 75% of these located in rural and semi-urban areas.

Detailed Explanation:

The Central Bank of India (CBI) Regional Office in Ranchi celebrated the 114th Foundation Day of the bank.

The program began with Regional Head Sunil Kumar garlanding the portrait of Sir Sorabji Pochkhanawala, the founder of the bank.

The bank’s mission was to connect Indian citizens, particularly those deprived of banking services during British rule, to banking operations.

The bank has around 5,000 branches across India, with 75% of these located in rural and semi-urban areas.

The Sukhdev Nagar branch was inaugurated in a new building by Regional Head Sunil Kumar.

A total loan amount of approximately ₹52 crores was sanctioned by branches under the regional office.

2) Answer: C

Short Explanation:

Banks have requested the Reserve Bank of India (RBI) to extend the timeline for complying with new guidelines that prohibit overlapping lending activities between banks and their group entities.

The banks have submitted feedback through the Indian Banks’ Association (IBA).

Proposed Timeline and Concerns: Banks have sought an extension beyond the two-year deadline, with some requesting up to 5 years to fully comply with the regulations.

Detailed Explanation:

The banks have submitted feedback through the Indian Banks’ Association (IBA).

Proposed Timeline and Concerns: Banks have sought an extension beyond the two-year deadline, with some requesting up to 5 years to fully comply with the regulations.

They expressed concerns that the two-year timeline is insufficient for meeting the requirements.

Guidelines on Lending Activities: The new guidelines, outlined in a draft circular issued by the RBI in October, state that only one entity within a bank group can undertake a particular form of permissible business.

3) Answer: A

Short Explanation:

The Securities and Exchange Board of India (SEBI) uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities.

The total illegal gains from the front-running activities amounted to ₹21.16 crore.

The front-running activities took place over more than three years, from January 1, 2021, to July 19, 2024.

Detailed Explanation:

The Securities and Exchange Board of India (SEBI) uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities.

The total illegal gains from the front-running activities amounted to ₹21.16 crore.

The front-running activities took place over more than three years, from January 1, 2021, to July 19, 2024.

Sachin Bakul Dagli (equity dealer, PNB MetLife) and his brother Tejas Dagli (equity sales trader, Investec).

Sandeep Shambharkar executed front-running trades via accounts of Dhanmata Realty Private. Limited. (DRPL), Worthy Distributors Private. Limited. (WDPL), and Pragnesh Sanghvi.

Trade Patterns: A “Buy-Buy-Sell” or “Sell-Sell-Buy” trading pattern was used to capitalize on market movements resulting from large client trades.

Number of Instances: A total of 6,766 instances of front-running trades were identified across the accounts involved.

4) Answer: B

Short Explanation:

Prime Minister Narendra Modi is set to participate in the Christmas celebrations hosted by the Catholic Bishops’ Conference of India (CBCI) at the CBCI Centre premises in New Delhi on December 23, 2024.

About the Catholic Bishops’ Conference of India (CBCI)

Established: 1944

Role: Represents and coordinates the Catholic Church’s activities across India.

Detailed Explanation:

This marks the first time a Prime Minister will attend a programme at the Headquarters of the Catholic Church in India.

PM Modi will interact with:

Cardinals

Bishops

Prominent lay leaders of the Church.

About the Catholic Bishops’ Conference of India (CBCI)

Established: 1944

Role: Represents and coordinates the Catholic Church’s activities across India.

5) Answer: A

Short Explanation:

The government has disbursed₹344 crore in subsidies to electric vehicle (EV) manufacturers as part of the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, which started on October 1, 2024.

Disbursed Amount: ₹344 crore till December 16, 2024.

Claimed Amount: ₹679 crore; ₹11.50 crore worth of claims were rejected due to discrepancies like buyer name mismatches and battery replacements.

Detailed Explanation:

Disbursed Amount: ₹344 crore till December 16, 2024.

Claimed Amount: ₹679 crore; ₹11.50 crore worth of claims were rejected due to discrepancies like buyer name mismatches and battery replacements.

Beneficiaries: Currently, only electric two-wheelers (e2W), three-wheelers (e3W), and e-carts/rickshaws are eligible. Subsidies for other EV segments, such as e-ambulances, e-buses, and e-trucks, are yet to be initiated.

Electric Two-Wheelers (e2W):

October 2024 Sales: 1,34,985 units (compared to 64,506 in October 2023).

Projected Sales: 12.87 lakh units in FY 2025 (up from 8.11 lakh units in FY 2024).

Electric Three-Wheelers (e3W):

October 2024 Sales: 15,435 units.

Projected Sales: 1.80 lakh units in FY 2025 (up from 93,000 units in FY 2024).

6) Answer: A

Short Explanation:

The Department of Consumer Affairs (DoCA) is set to launch two innovative mobile applications, ‘Jago Grahak Jago App’ and ‘Jagriti App,’ on National Consumers Day.

These apps aim to empower consumers to identify and address dark patterns on e-commerce platforms, enhancing transparency and consumer rights.

Detailed Explanation:

The Department of Consumer Affairs (DoCA) is set to launch two innovative mobile applications, ‘Jago Grahak Jago App’ and ‘Jagriti App,’ on National Consumers Day.

These apps aim to empower consumers to identify and address dark patterns on e-commerce platforms, enhancing transparency and consumer rights.

Jago Grahak Jago App:

Monitors e-commerce URLs during online activities.

Alerts users if a URL is potentially unsafe or features a dark pattern.

Jagriti App:

Allows users to report URLs suspected of using dark patterns.

Complaints are registered with the Central Consumer Protection Authority (CCPA) for resolution and action.

The 2023 Guidelines for Prevention and Regulation of Dark Patterns identified 13 specific deceptive practices, including:

False Urgency: Creating unnecessary pressure to make purchases.

Basket Sneaking: Adding items to a consumer’s cart without explicit consent.

Subscription Traps: Signing up consumers for recurring payments unknowingly.

Drip Pricing: Hiding additional costs until later in the transaction process.

Disguised Advertisements: Presenting ads as genuine content.

Other tactics include Bait and Switch, Confirm Shaming, Interface Interference, and more.

7) Answer: A

Short Explanation:

The upcoming Noida International Airport (NIA), situated near Jewar, is not only driving a surge in property values but is also set to transform the region’s economy.

Plans for a 172-acre Commercial District aim to establish a vibrant hub for business and leisure, further solidifying NIA’s role as a key economic driver.

Detailed Explanation:

The upcoming Noida International Airport (NIA), situated near Jewar, is not only driving a surge in property values but is also set to transform the region’s economy.

Plans for a 172-acre Commercial District aim to establish a vibrant hub for business and leisure, further solidifying NIA’s role as a key economic driver.

Features:

Hotels, bars, and restaurants.

Shopping centers and recreational facilities.

Integrated facilities catering to local, national, and global businesses.

Inspiration: Similar developments like Delhi Aerocity (200 acres) and Hyderabad Aerocity (1,500 acres).

Christoph Schnellmann, CEO of Noida International Airport, stated:

The aim is to create a sustainable and connected commercial community that complements the airport and its surroundings.

Roseate Hotels and Resorts is expected to be among the first to establish its presence with a 240-room airport hotel.

8) Answer: C

Short Explanation:

The Sammelana passed a resolution for the full implementation of the Kannada Language Comprehensive Development Act, 2022, which aims to promote Kannada and improve opportunities for Kannadigas in education and employment.

Detailed Explanation:

Amendment to Kannada Language Act:A resolution was passed seeking an amendment to the Act to appoint the president of the Kannada Sahitya Parishat (KSP) as the vice chairperson of the State-level committee enforcing the Act, replacing the Chief Secretary’s role.

Improving School Infrastructure:The Sammelana resolved that all government Kannada schools should be provided with:Adequate classrooms, buildings, libraries, playgrounds, and other necessary amenities.

World Kannada Convention (Vishwa Kannada Sahitya Sammelana):A resolution urged the government to hold the World Kannada Convention in Davanagere at the earliest, after several postponements.

9) Answer: A

Short Explanation:

The first-ever Ganges river dolphin (Platanista gangetica) was tagged in Assam, marking a major milestone for Project Dolphin.

Detailed Explanation:

The first-ever Ganges river dolphin (Platanista gangetica) was tagged in Assam, marking a major milestone for Project Dolphin.

The project aims to conserve India’s National Aquatic Animal, the Ganges river dolphin, which is an important species for aquatic biodiversity in India.

The initiative was carried out under the Ministry of Environment, Forest and Climate Change (MoEFCC), with collaboration between the Wildlife Institute of India (WII), the Assam Forest Department, and Aaranyak.

The project received funding from the National CAMPA (Compensatory Afforestation Management and Planning Authority).

10) Answer: C

Short Explanation:

The Confederation of Indian Industry (CII) has recommended significant reforms to India’s Priority Sector Lending (PSL) framework.

Agriculture’s contribution to GDP has decreased from 30% in the 1990s to 14% now.

Detailed Explanation:

The Confederation of Indian Industry (CII) has recommended significant reforms to India’s Priority Sector Lending (PSL) framework.

The organisation advocates for including emerging and high-impact sectors such as digital infrastructure, green initiatives, healthcare, and innovative manufacturing.

The organization has also called for establishing more Development Finance Institutions (DFIs) to support these evolving sectors.

Green Initiatives: Include green energy projects, electric vehicles, and climate-resilient agriculture under PSL.

Digital Infrastructure: Prioritize funding for digital technologies, AI, and other advancements.

Healthcare: Focus on allocating funds to support innovation in healthcare.

Address gaps in funding for emerging sectors by creating DFIs beyond existing entities like SIDBI and NABFID.

Recommend forming a high-level committee to explore revisions in PSL norms and assess the need for new DFIs.

Agriculture’s contribution to GDP has decreased from 30% in the 1990s to 14% now.

11) Answer: C

Short Explanation:

The 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, resulted in several important decisions regarding tax rates and clarifications on various goods and services.

18% GST will be levied on the margin value (the difference between the purchase and sale price) for used electric vehicles (EVs) sold by businesses.

GoM on Rate Rationalization: The panel looking into the rationalization of GST rates on 148 items has been extended more time to arrive at a final decision.

Detailed Explanation:

GST on Sale of Used Electric Vehicles

18% GST will be levied on the margin value (the difference between the purchase and sale price) for used electric vehicles (EVs) sold by businesses.

Exemption: Sale and purchase of used EVs between individuals will continue to be GST-exempt.

Tax Clarifications on Popcorn

Caramelised Popcorn: 18% GST rate.

Pre-packed and Spiced Popcorn: 12% GST.

Unpacked and Unlabelled Popcorn: 5% GST.

GST on Penal Charges by Banks & NBFCs

No GST will be levied on penal charges imposed by banks and NBFCs for non-compliance with loan terms.

Tax Rate on Fortified Rice Kernels

GST Reduced: 5% tax on fortified rice kernels used for public distribution (down from 18%).

Aviation Turbine Fuel (ATF)

ATF Exempted from GST: The GST Council has decided to keep aviation turbine fuel (ATF) out of the GST system, maintaining the current system of excise duty at the central level and VAT at the state level. This decision was influenced by strong opposition from states.

6. Group of Ministers (GoM) Developments

GoM on Rate Rationalization: The panel looking into the rationalization of GST rates on 148 items has been extended more time to arrive at a final decision.

12) Answer: C

Short Explanation:

Kuwait has awarded its highest accolade, the Order of Mubarak Al-Kabeer, to Prime Minister Narendra Modi for his leadership and dedication to strengthening relations between India and Kuwait.

Award: The Order of Mubarak Al-Kabeer is a prestigious knighthood order instituted in 1974.

PM Modi’s visit marks the first by an Indian Prime Minister to Kuwait in 43 years.

Detailed Explanation:

Award: The Order of Mubarak Al-Kabeer is a prestigious knighthood order instituted in 1974.

Presented By: Kuwait’s Amir Sheikh Meshal Al-Ahmad Al-Jaber Al Sabah at the Bayan Palace in Kuwait.

PM Modi’s visit marks the first by an Indian Prime Minister to Kuwait in 43 years.

This is PM Modi’s 20th international honour, with previous recognitions from countries like:

Saudi Arabia, UAE, and Bahrain for fostering Gulf ties.

Guyana and Dominica for contributions during the COVID-19 pandemic.

Nigeria for statesmanship, as the Grand Commander of the Order of the Niger.

13) Answer: C

Short Explanation:

Former Supreme Court judge Justice Madan B. Lokur was appointed as the Chairperson of the United Nations Internal Justice Council.

The term of his appointment is until November 12, 2028.

The appointment was communicated by U.N. Secretary-General António Guterres on December 19, 2024.

Detailed Explanation:

Former Supreme Court judge Justice Madan B. Lokur was appointed as the Chairperson of the United Nations Internal Justice Council.

The term of his appointment is until November 12, 2028.

The appointment was communicated by U.N. Secretary-General António Guterres on December 19, 2024.

Justice Lokur will head a council that includes distinguished jurists such as:

Ms. Carmen Artigas (Uruguay): Nominated by staff.

Ms. Rosalie Balkin (Australia): Nominated by management.

Mr. Stefan Brezina (Austria): Staff representative.

Mr. Jay Pozenel (USA): Management representative.

14) Answer: E

Short Explanation:

Sriram Krishnan, an Indian-American venture capitalist, was appointed by US President-elect Donald Trump as the Senior White House Policy Advisor on Artificial Intelligence (AI).

Krishnan will work alongside ex-PayPal Chief Operating Officer (COO) David O Sacks, who has been nominated as the “White House AI and crypto czar.”

Detailed Explanation:

Sriram Krishnan, an Indian-American venture capitalist, was appointed by US President-elect Donald Trump as the Senior White House Policy Advisor on Artificial Intelligence (AI).

Krishnan will work alongside ex-PayPal Chief Operating Officer (COO) David O Sacks, who has been nominated as the “White House AI and crypto czar.”

Jay Bhattacharya: Appointed Director of the National Institutes of Health (NIH).

Vivek Ramaswamy: Chosen to lead the Department of Government Efficiency (Doge), alongside Musk.

Harmeet K. Dhillon: Nominated as Assistant Attorney General for Civil Rights at the US Department of Justice.

Kash Patel: Appointed Director of the Federal Bureau of Investigation (FBI), becoming the highest-ranking Indian-American in the Trump cabinet.

15) Answer: B

Short Explanation:

The Indian defense sector’s push for self-reliance continues, with a focus on reducing dependence on imports, especially in light of global conflicts such as the Russia-Ukraine war.

Indigenous Development of Aero Engines:India is working on the development of an indigenous aero engine for the Advanced Medium Combat Aircraft (AMCA) to reduce dependence on foreign suppliers like the U.S.

Detailed Explanation:

The Indian defense sector’s push for self-reliance continues, with a focus on reducing dependence on imports, especially in light of global conflicts such as the Russia-Ukraine war.

India’s defense exports have increased, reaching 100 countries, signaling growth in its defense diplomacy and international partnerships.

India-China Border Talks (October 2024):The 4-year-long India-China standoff, triggered by the Galwan attack, ended with a diplomatic breakthrough in October 2024.

Defense Diplomacy with Russia:Defense Minister Rajnath Singh’s visit to Moscow in December 2024 highlights India’s intent to deepen ties with Russia, despite geopolitical challenges.

Focus areas include restoring supply chain disruptions, acquiring S-400 systems, Kamov helicopters, and developing local maintenance for Su-30MKI.

Defense Exports to the U.S.:India’s defense exports to the U.S. have grown significantly, exceeding $2.8 billion over the last five years, reflecting the strengthening defense ties.

16) Answer: A

Short Explanation:

Of the total 24 PS4-Orbital Experiment Module (POEM-4) payloads which will be flown onboard the PSLV-C60 SpaDeX mission, 4 have been developed by Karnataka-based academia and start-ups.

The PSLV-C60 SpaDeX mission is likely to be launched by ISRO by the end of this month from Sriharikota.

Detailed Explanation:

Of the total 24 PS4-Orbital Experiment Module (POEM-4) payloads which will be flown onboard the PSLV-C60 SpaDeX mission, 4 have been developed by Karnataka-based academia and start-ups.

The PSLV-C60 SpaDeX mission is likely to be launched by ISRO by the end of this month from Sriharikota.

RVSat-1 Payload: Developed by R.V. College of Engineering, Bengaluru. It will conduct a microbiological experiment on Bacteroides thetaiotaomicron under microgravity conditions to aid in astronaut health and develop antibiotics.

BGS ARPIT (Amateur Radio Payload for Information Transmission) Payload: Developed by SJC Institute of Technology, Chickballapur. It is an amateur radio transmitter that communicates using FM modulation and the VHF band.

RUDRA 1.0 HPGP: Developed by Bellatrix Aerospace. It aims to demonstrate a high-performance green propulsion system.

GLX-SQ Payload: Developed by GalaxEye Space Solutions. It will demonstrate the generation, capture, and processing of Synthetic Aperture Radar (SAR) images in space.

17) Answer: B

Short Explanation:

Indian Space Research Organisation (ISRO) and the European Space Agency (ESA) have signed an agreement to collaborate on astronaut training, mission implementation, and research experiments.

About European Space Agency :

Formed : 30 May 1975

Headquarters : Paris, France

Director General : Josef Aschbacher

Members : 22

Detailed Explanation:

The agreement was signed by ISRO Chairman S. Somanath and ESA Director General Dr. Josef Aschbacher.

For the Axiom-4 mission, ISRO’s Gaganyatri and an ESA astronaut will be part of the crew.

About European Space Agency :

Formed : 30 May 1975

Headquarters : Paris, France

Director General : Josef Aschbacher

Members : 22

18) Answer: B

Short Explanation:

India secured a commanding 41-run victory against Bangladesh to claim the inaugural Women’s U-19 Asia Cup title at the Bayuemas Oval, Kuala Lumpur.

Detailed Explanation:

India secured a commanding 41-run victory against Bangladesh to claim the inaugural Women’s U-19 Asia Cup title at the Bayuemas Oval, Kuala Lumpur.

The historic win highlighted India’s growing dominance in women’s cricket, with standout performances from Gongadi Trisha and Aayushi Shukla.

Score: 117/7 in 20 overs.

Top Performer: Gongadi Trisha scored a crucial 52 off 47 balls, including five fours and two sixes.

Mithila Vinod added momentum with a vital 17 runs off 12 balls in the death overs.

Player of the Match: Gongadi Trisha for her half-century under pressure.

Bowling Hero: Aayushi Shukla, leading India’s charge with consistent performances throughout the tournament.

19) Answer: B

Short Explanation:

Rohan Mirchandani, co-founder of Epigamia, passed away on December 21 at the age of 42 due to a cardiac arrest.

In 2013, Mirchandani founded Drums Food International, which later became known for Epigamia, a leading Greek yogurt brand in India.

Detailed Explanation:

Rohan Mirchandani, co-founder of Epigamia, passed away on December 21 at the age of 42 due to a cardiac arrest.

In 2013, Mirchandani founded Drums Food International, which later became known for Epigamia, a leading Greek yogurt brand in India.

Under his leadership, the company transitioned from producing Hoki Poki ice cream to Epigamia, which became a household name in yogurt and dairy products.

His vision for the brand included reaching ₹250 crore in revenue by FY25 and expanding into quick commerce.

20) Answer: C

Short Explanation:

National Consumer Rights Day 2024 is observed on the 24th of December 2024.

When India’s Consumer Protection Act of 1986 was passed, consumer rights were given serious consideration.

Detailed Explanation:

National Consumer Rights Day 2024 is observed on the 24th of December 2024.

When India’s Consumer Protection Act of 1986 was passed, consumer rights were given serious consideration.

As a result, the consumer’s tried-and-true habits have been altered, necessitating a revision and overhaul of the Consumer Protection Act.

On August 6, 2019, India’s parliament passed the amended Consumer Protection Bill, taking into account this dynamic and modern economy.

The Right to Information Act, which made India’s governance procedures open to the public and had significant ramifications for consumer rights, is a supplement to the Consumer Protection Acts of 1986 and 2019.

This post was last modified on December 27, 2024 4:42 pm

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Daily Current Affairs Quiz – 24th December 2024

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