Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 31st 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) In an effort to increase the effectiveness, security, and transparency of the banking system, the Reserve Bank of India (RBI) plans to make how many different kinds of bank accounts inactive starting on January 1, 2025?
(a) 2
(b) 3
(c) 4
(d) 5
(e) 6
2) In December 2024, Which state’s four cooperative banks were fined ₹5.5 lakh by the Reserve Bank of India (RBI) for failing to follow its instructions?
(a) Sikkim
(b) Maharashtra
(c) Madhya Pradesh
(d) Gujarat
(e) Karnataka
3) Recently (Dec 2024), How many lakhs has the Reserve Bank of India (RBI) fined five Gujarati cooperative banks for failing to follow the banking regulator’s instructions?
(a) Rs12.10 lakh
(b) Rs12.20 lakh
(c) Rs12.30 lakh
(d) Rs12.40 lakh
(e) Rs12.50 lakh
4) In December 2024, How many lakhs has the Reserve Bank of India (RBI) fined four cooperative banks in Madhya Pradesh (MP) and one in Mumbai, Maharashtra, for failing to follow the banking regulator’s instructions?
(a) Rs 22.60 lakh
(b) Rs 22.40 lakh
(c) Rs 22.50 lakh
(d) Rs 22.20 lakh
(e) Rs 22.80 lakh
5) Which Bank recently launched its international education solutions, providing free loans and transfersfor NRIs and HNIs?
(a) HDFC bank
(b) DBS bank
(c) IDFC bank
(d) ICICI bank
(e) YES bank
6) Who did Indian External Affairs Minister S. Jaishankar recently meet, who is set to assume the role of US National Security Advisor in January after Donald Trump becomes the 47th US President?
(a) Lloyd Austin
(b) Antony Blinken
(c) Michael Waltz
(d) John Kerry
(e) Jake Sullivan
7) By March 31, 2025, all 36 states and Union Territories (UTs) must complete and pre-publish the harmonized draft rules for the four main labor codes, according to a deadline set by the Union Ministry of Labor and Employment. How many current labor laws are intended to be consolidated into a single framework by the four main labor codes that were introduced between 2019 and 2020?
(a) 25
(b) 27
(c) 28
(d) 29
(e) 21
8) On December 26, 2024, the coastal districts of Nagapattinam, Mayiladuthurai, and Karaikal in Tamil Nadu commemorated the _________ anniversary of the devastating Indian Ocean tsunami.
(a) 19th
(b) 20th
(c) 21st
(d) 22nd
(e) 18th
9) In the fiscal year 2022–2023, contributions to the PM CARES Fund, which was created in March 2020 in response to the COVID-19 pandemic, fell precipitously. Donations dropped from the record Rs 7,184 crore in 2020–21 to how much crore?
(a) Rs 912 crore
(b) Rs 918 crore
(c) Rs 911 crore
(d) Rs 910 crore
(e) Rs 915 crore
10) Recently(Dec’24), two red pandas have been transported to Darjeeling’s Padmaja Naidu Himalayan Zoological Park (PNZP) from Rotterdam Zoo, Netherlands, for breeding and conservation purposes. Which airport welcomed a flight carrying the two red pandas?
(a) Chaudhary Charan Singh International Airport
(b) Netaji Subhash Chandra Bose International Airport
(c) Bagdogra Airport
(d) Lal Bahadur Shastri International Airport
(e) Indira Gandhi International Airport
11) Which state has more than 10,000 startups registered with the Union Ministry of Commerce and Industry’s Department for Promotion of Industry and Internal Trade (DPIIT)?
(a) Kerala
(b) Karnataka
(c) Uttar Pradesh
(d) West Bengal
(e) Tamil Nadu
12) Due to security concerns, the Union Ministry of Home Affairs has reintroduced Protected Area Permits (PAP) in Manipur, Nagaland, and Mizoram. The PAP generally allows foreign nationals to stay for how many days, with the option to extend?
(a) 7
(b) 10
(c) 12
(d) 15
(e) 20
13) How much money did India’s tech startups raise in 2024, reviving them after a two-year “funding winter”?
(a) $11.3 billion
(b) $12.3 billion
(c) $13.3 billion
(d) $14.3 billion
(e) $15.3 billion
14) Which company has moved forward with its plans to build a greenfield integrated refining and petrochemical complex in Andhra Pradesh?
(a) HPCL
(b) BPCL
(c) IOCL
(d) GAIL
(e) ONGC
15) To improve social security, streamline services, and modernize labor laws, the Union Ministry of Labor and the Employees’ Provident Fund Organization (EPFO) have launched a number of initiatives. What percentage of the interest rate for FY 2023–2024 has been credited to subscribers’ accounts?
(a) 8.1%
(b) 8.0%
(c) 8.2%
(d) 8.3%
(e) 8.5%
16) What is the name of the new wholly owned subsidiary established by Adani Green Energy Limited (AGEL) to advance its clean energy initiatives?
(a) Adani Green Energy Sixty Seven Limited (AGE67L)
(b) Adani Renewable Energy Ventures Limited (AREVL)
(c) Adani Green Energy Sixty Eight Limited (AGE68L)
(d) Adani Clean Energy Solutions Limited (ACESL)
(e) Adani Green Future Limited (AGFL)
17) According to Deloitte India, robust domestic consumption, infrastructure development, and digitization will propel the Indian economy’s growth from 6.5% to what percentage in FY2025?
(a) 6.6%
(b) 6.7%
(c) 6.8%
(d) 6.9%
(e) 7.0%
18) In order to conduct experiments on living biological materials in space, the Indian Space Research Organization (ISRO) is getting ready to launch its PSLV Orbital Experimental Module-4 (POEM-4) mission. How many payloads will POEM-4 be able to carry?
(a) 22
(b) 21
(c) 23
(d) 24
(e) 25
19) Which nation’s space startups have teamed up with India to investigate the use of satellites equipped with lasers to remove space debris?
(a) USA
(b) China
(c) Japan
(d) Russia
(e) France
20) The first undergraduate minor program in quantum technologies is introduced in India. There are _______ verticals which make up the curriculum.
(a) 2
(b) 3
(c) 4
(d) 5
(e) 6
21) Who has been nominated to receive the coveted ICC Women’s Emerging Cricketer of the Year Award?
(a) Annerie Dercksen
(b) Saskia Horley
(c) Freya Sargent
(d) Shreyanka Patil
(e) Tuba Hassan
22) Which city hosted Koneru Humpy’s victory at the 2024 Women’s World Rapid Chess Championship?
(a) Tokyo
(b) New York
(c) Washington DC
(d) Florida
(e) Beijing
23) Who was Warren Upton, who passed away on December 25, 2024, at the age of 105?
(a) A decorated World War II fighter pilot
(b) The oldest known survivor of the Pearl Harbor attack
(c) A renowned civil rights activist and veteran
(d) A celebrated author and historian of World War II
(e) A pioneering naval engineer during World War II
24) When was the PM CARES fund established?
(a) 2019
(b) 2018
(c) 2020
(d) 2021
(e) 2022
25) Which bank tagline was “Live more, Bank Less”?
(a) RBL bank
(b) DBS bank
(c) IDFC bank
(d) ICICI bank
(e) YES bank
Answers :
1) Answer: B
Short Explanation:
Starting January 1, 2025, the Reserve Bank of India (RBI) will make three types of bank accounts non-operative as part of a move to improve the banking system’s efficiency, safety, and transparency.
Types of Accounts Becoming Non-Operative:
Dormant Accounts: Accounts that have not had any transactions for two years.
Inactive Accounts: Accounts with no activity for a fixed period, often one year.
Zero Balance Accounts: Accounts with no money deposited for a long time and a zero balance.
Detailed Explanation:
Starting January 1, 2025, the Reserve Bank of India (RBI) will make three types of bank accounts non-operative as part of a move to improve the banking system’s efficiency, safety, and transparency.
Types of Accounts Becoming Non-Operative:
Dormant Accounts: Accounts that have not had any transactions for two years.
Inactive Accounts: Accounts with no activity for a fixed period, often one year.
Zero Balance Accounts: Accounts with no money deposited for a long time and a zero balance.
Purpose of the New Rules:
Increase Financial Safety: By closing inactive accounts, the risks of fraud and misuse will be reduced.
Improve Banking System Efficiency: Banks will be able to utilize resources more effectively by eliminating unused accounts.
Encourage Digital Banking: The new rules promote customers’ shift towards internet banking services.
Enhance Compliance with KYC: The rules will help maintain up-to-date Know Your Customer (KYC) details for all customers.
2) Answer: E
Short Explanation:
The Reserve Bank of India (RBI) has imposed a penalty of ₹5.5 lakh on four cooperative banks in Karnataka for not complying with its directions.
Detailed Explanation:
The Reserve Bank of India (RBI) has imposed a penalty of ₹5.5 lakh on four cooperative banks in Karnataka for not complying with its directions.
List of Penalties Imposed on Four Cooperative Banks in Karnataka :
| Bank Name | Penalty Amount | Reason for Penalty | RBI Directions Violated |
| The Bharat Co-operative Bank Limited., Bengaluru | ₹3,00,000 | Non-compliance with specific directions under ‘Supervisory Action Framework (SAF)’. | Banking Regulation Act, Sections 47A(1)(c), 46(4)(i), and 56 of the Banking Regulation Act, 1949. |
| Swami Vivekanand Sahakari Bank Niyamit, Nidagundi, Karnataka | ₹1,00,000 | 1. Failure to adhere to prudential inter-bank (gross) and counterparty exposure limits. 2. Failure to upload KYC records to CKYCR within the prescribed timeline. | Exposure Norms, Statutory Restrictions, and KYC |
| Sri Basaveshwara Pattana Sahakara Bank Niyamit, Sindgi, Karnataka | ₹1,00,000 | 1. Increased exposure to high-NPA sectors. 2. Declared dividend without prior RBI permission. | Supervisory Action Framework (SAF) |
| Manjra Mahila Urban Co-operative Bank Limited, Bidar, Karnataka | ₹50,000 | Failure to upload KYC records of customers to CKYCR within the prescribed timeline. | Know Your Customer (KYC) Directions |
3) Answer: A
Short Explanation:
The Reserve Bank of India (RBI) has imposed a total penalty of Rs12.10 lakh on 5 cooperative banks from Gujarat for non-compliance with the directions issued by the banking regulator.
Detailed Explanation:
The Reserve Bank of India (RBI) has imposed a total penalty of Rs12.10 lakh on 5 cooperative banks from Gujarat for non-compliance with the directions issued by the banking regulator.
| Bank Name | Location | Penalty Imposed | Reasons for Penalty | RBI Sections Involved |
| Shree Laxmi Mahila Sahakari Bank Ltd. | Mehsana, Gujarat | ₹1.60 lakh | -Non-compliance with directions on ‘Placement of Deposits with Other Banks’, ‘KYC’, and ‘Membership of Credit Information Companies’ – Failure to adhere to exposure limits – Issues with customer due diligence and KYC uploads | Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949; Section 25 of Credit Information Companies (Regulation) Act, 2005 |
| Shri Janata Sahakari Bank Ltd. | Halol, Dist. Panchmahal, Gujarat | ₹2.00 lakh | -Non-compliance with directions on ‘Loans and Advances to Directors and their relatives’ – Breach of prudential exposure limits | Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949 |
| The Thasra People’s Co-operative Bank Ltd. | Thasra, Dist. Kheda, Gujarat | ₹3.00 lakh | -Non-compliance with directions on ‘Loans and Advances to Directors and their relatives’ – Sanctioning of gold loans exceeding prescribed LTV ratio | Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949 |
| The Chanasma Commercial Co-operative Bank Ltd. | Chanasma, Dist. Patan, Gujarat | ₹3.00 lakh | -Non-compliance with directions on ‘Loans and Advances to Directors and their relatives’ – Failure to carry out periodic review of risk categorization of accounts | Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949 |
| Shree Dhandhuka Janta Sahakari Bank Ltd. | Dhandhuka, Dist. Ahmedabad, Gujarat | ₹2.50 lakh | -Non-compliance with directions on ‘Investment by UCBs’ and ‘KYC’ – Breach of investment limits – Failure to upload KYC records of customers | Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949 |
4) Answer: A
Short Explanation:
The Reserve Bank of India (RBI) has imposed a penalty of Rs 22.60 lakh on 4 cooperative banks from Madhya Pradesh (MP) and one from Mumbai, Maharashtra for non-compliance with the directions issued by the banking regulator.
Detailed Explanation:
The Reserve Bank of India (RBI) has imposed a penalty of Rs 22.60 lakh on 4 cooperative banks from Madhya Pradesh (MP) and one from Mumbai, Maharashtra for non-compliance with the directions issued by the banking regulator.
| Bank Name | Location | Penalty Amount | Reason for Penalty | Regulatory Basis |
| Shri Vaibhav Lakshmi Mahila NagrikSahakari Bank | Maryadit, Jhabua, MP | ₹1.00 lakh | Non-compliance with PSL targets and failure to contribute to MSE Refinance Fund for FY 2022-23 despite cautionary letter. | Sections 47A(1)(c), 46(4)(i), and 56 of the Banking Regulation Act, 1949 |
| Guna Nagarik Sahakari Bank | Maryadit, Guna, MP | ₹1.00 lakh | Non-compliance with PSL targets and failure to contribute to MSE Refinance Fund for FY 2022-23 despite cautionary letter. | Sections 47A(1)(c), 46(4)(i), and 56 of the Banking Regulation Act, 1949 |
| Indore Paraspar Sahakari Bank | Maryadit, Indore, MP | ₹4.50 lakh | Non-compliance with PSL targets and failure to contribute to MSE Refinance Fund for FY 2022-23 despite cautionary letter. | Sections 47A(1)(c), 46(4)(i), and 56 of the Banking Regulation Act, 1949 |
| Raj Rajeshwari Mahila NagrikSahakari Bank | Maryadit, Shajapur, MP | ₹1.10 lakh | Non-compliance with PSL targets and failure to contribute to MSE Refinance Fund for FY 2022-23 despite cautionary letter. | Sections 47A(1)(c), 46(4)(i), and 56 of the Banking Regulation Act, 1949 |
| Bharat Co-operative Bank (Mumbai) Limited | – | ₹15.00 lakh | Non-compliance with RBI directions on Income Recognition, Asset Classification, Provisioning, and failure to classify loan accounts as non-performing assets. | Sections 47A(1)(c), 46(4)(i), and 56 of the Banking Regulation Act, 1949 |
5) Answer: B
Short Explanation:
DBS Bank India launched the ‘DBS Study Abroad Total Assist’ program for NRIs and HNIs, aimed at assisting with overseas education challenges.
The program is designed for DBS Treasures customers.
Detailed Explanation:
DBS Bank India launched the ‘DBS Study Abroad Total Assist’ program for NRIs and HNIs, aimed at assisting with overseas education challenges.
The program is designed for DBS Treasures customers.
Target Audience: The program is specifically for non-resident Indians (NRIs) and high-net-worth individuals (HNIs).
Indian Students Abroad: Over 1.3 million Indian students are pursuing higher education abroad in 2024, according to the Ministry of External Affairs.
Coverage: The program offers coverage up to $1 million against unexpected events like illness, lost baggage, or accidents, providing financial protection during studies abroad.
VISA Infinite Debit Card: The program includes the DBS Treasures VISA Infinite Debit Card, which allows students to make transactions abroad without forex markup fees, ensuring cost-efficient international spending.
6) Answer: C
Short Explanation:
External Affairs Minister S. Jaishankar recently concluded a significant visit to the United States, marked by high-level meetings with US leaders and key diplomatic engagements.
Detailed Explanation:
External Affairs Minister S. Jaishankar recently concluded a significant visit to the United States, marked by high-level meetings with US leaders and key diplomatic engagements.
The visit underscored the growing strategic partnership between India and the US while addressing pressing global and bilateral issues.
Jaishankar met Michael Waltz, who will assume the role of US National Security Advisor in January after Donald Trump becomes the 47th US President.
Topics Discussed:
Strengthening the India-US bilateral partnership.
Current global challenges.
7) Answer: D
Short Explanation:
The Union Ministry of Labor and Employment has set a deadline for all 36 states and Union Territories (UTs) to finalize and pre-publish the harmonized draft rules for the four major labor codes by March 31, 2025.
The four primary labor codes, introduced between 2019 and 2020, aim to consolidate 29 existing labor laws into a unified framework:
Code on Social Security (2020)
Occupational Safety, Health, and Working Conditions Code (2020)
Industrial Relations Code (2020)
Code on Wages (2019)
Detailed Explanation:
The Union Ministry of Labor and Employment has set a deadline for all 36 states and Union Territories (UTs) to finalize and pre-publish the harmonized draft rules for the four major labor codes by March 31, 2025.
These labor codes aim to overhaul and modernize India’s labor law framework, simplifying compliance and enhancing protection for workers.
The four primary labor codes, introduced between 2019 and 2020, aim to consolidate 29 existing labor laws into a unified framework:
Code on Social Security (2020)
Occupational Safety, Health, and Working Conditions Code (2020)
Industrial Relations Code (2020)
Code on Wages (2019)
As of December 28, 2024, all but five states and UTs have completed the pre-publication process for the draft rules.
Regional Meetings: Between August and October 2024, six regional meetings were held to bring together stakeholders, address challenges, and accelerate the drafting and harmonization process of the rules.
8) Answer: B
On December 26, 2024, the 20th anniversary of the devastating 2004 Indian Ocean tsunami was commemorated across the coastal districts of Nagapattinam, Mayiladuthurai, and Karaikal in Tamil Nadu.
The events paid tribute to the victims, recognized the resilience of survivors, and reflected on two decades of rebuilding efforts.
9) Answer: A
Short Explanation:
The PM CARES Fund, established in March 2020 to respond to the COVID-19 pandemic, witnessed a sharp decline in contributions in the financial year 2022-23.
Donations fell significantly to Rs 912 crore, down from the record Rs 7,184 crore in 2020-21.
Detailed Explanation:
The PM CARES Fund, established in March 2020 to respond to the COVID-19 pandemic, witnessed a sharp decline in contributions in the financial year 2022-23.
Donations fell significantly to Rs 912 crore, down from the record Rs 7,184 crore in 2020-21.
Foreign Donations: Also surged to Rs 495 crore.
2021-22: Voluntary contributions dropped to Rs 1,938 crore, reflecting a decrease in the urgency as the pandemic situation eased.
The total expenditure for 2022-23 was approximately Rs 439 crore.
PM Cares for Children: Rs 346 crore was allocated to support children who lost their parents or guardians due to COVID-19.
Oxygen Concentrators: Nearly Rs 92 crore was spent on procuring oxygen concentrators to aid pandemic relief efforts.
10) Answer: B
Short Explanation:
Two red pandas from Rotterdam Zoo, Netherlands, are being brought to Padmaja Naidu Himalayan Zoological Park (PNZP) in Darjeeling for conservation breeding purposes.
Arrival and Health Check:A flight carrying the two red pandas landed at Kolkata’s Netaji Subhas Chandra Bose International Airport.
Detailed Explanation:
Two red pandas from Rotterdam Zoo, Netherlands, are being brought to Padmaja Naidu Himalayan Zoological Park (PNZP) in Darjeeling for conservation breeding purposes.
Arrival and Health Check:A flight carrying the two red pandas landed at Kolkata’s Netaji Subhas Chandra Bose International Airport.
Current Red Panda Population at PNZP:PNZP currently houses 7 male and 12 female red pandas, along with 2 cubs (sex of cubs not yet determined).
Conservation Significance:The red panda (Ailurus fulgens) is an endangered species native to the eastern Himalayas and southwestern China, with a population of less than 10,000.
The species is listed as endangered by the International Union for Conservation of Nature (IUCN).
History of Conservation at PNZP:Established in 1958, PNZP has the most successful captive breeding program for red pandas in India.
11) Answer: E
Short Explanation:
Tamil Nadu has registered over 10,000 startups with the Department for Promotion of Industry and Internal Trade (DPIIT) under the Union Ministry of Commerce and Industry.
The state has introduced the Startup and Innovation Policy 2023, aimed at fostering a supportive environment for startups and encouraging business growth.
Detailed Explanation:
Tamil Nadu has registered over 10,000 startups with the Department for Promotion of Industry and Internal Trade (DPIIT) under the Union Ministry of Commerce and Industry.
The state’s initiative, StartupTN, has been instrumental in supporting the startup ecosystem through funding programs, mentorship, and other support measures.
Tamil Nadu is ranked as the most economically free state in the Economic Freedom Rankings for the States of India.
The state has introduced the Startup and Innovation Policy 2023, aimed at fostering a supportive environment for startups and encouraging business growth.
StartupTN Mission Director and CEO Shivaraja Ramanathan
12) Answer: B
Short Explanation:
The Union Ministry of Home Affairs has reinstated the Protected Area Permit (PAP) in Manipur, Nagaland, and Mizoram due to security concerns arising from the influx of individuals from neighboring countries.
PAP Duration:The PAP generally allows foreign nationals to stay for 10 days, with an option for extension.
Detailed Explanation:
The Union Ministry of Home Affairs has reinstated the Protected Area Permit (PAP) in Manipur, Nagaland, and Mizoram due to security concerns arising from the influx of individuals from neighboring countries.
Foreign nationals visiting these states now need to secure the necessary PAP under the Foreigners (Protected Areas) Order, 1958.
Definition of PAP:The Protected Area Permit (PAP) is required by foreign nationals to visit certain sensitive areas in India located near international borders.
These areas are deemed sensitive due to their proximity to international boundaries.
Purpose of PAP:PAP ensures control over foreign nationals entering areas considered sensitive for security reasons.
PAP Duration:The PAP generally allows foreign nationals to stay for 10 days, with an option for extension.
13) Answer: A
Short Explanation:
India’s tech startups secured$11.3 billion in funding in 2024, marking a recovery from the two-year ‘funding winter.’
Detailed Explanation:
India’s tech startups secured$11.3 billion in funding in 2024, marking a recovery from the two-year ‘funding winter.’
Global Standing: Ranked as the third-most funded country globally, after the US and the UK.
Funding Overview by Year and Stage
Leading Businesses:
14) Answer: B
Short Explanation:
Bharat Petroleum Corporation Ltd. (BPCL) has moved forward with its plans to set up a greenfield integrated refining and petrochemical complex in Andhra Pradesh, located on India’s southeastern coast.
Detailed Explanation:
Bharat Petroleum Corporation Ltd. (BPCL) has moved forward with its plans to set up a greenfield integrated refining and petrochemical complex in Andhra Pradesh, located on India’s southeastern coast.
BPCL’s board approved an initial investment of Rs 6100 crore (approximately $716.3 million) to kickstart the proposed project’s development. This initial investment will support several key activities, including:
Feasibility studies
Land acquisition
Environmental impact assessments
Basic engineering and design
15) Answer: C
Short Explanation:
The Employees’ Provident Fund Organisation (EPFO) and the Union Ministry of Labour have introduced several initiatives to enhance social security, streamline services, and modernize labour laws.
Interest Credit:
8.2% interest rate for FY 2023–24 credited to subscribers’ accounts.
Detailed Explanation:
The Employees’ Provident Fund Organisation (EPFO) and the Union Ministry of Labour have introduced several initiatives to enhance social security, streamline services, and modernize labour laws.
Accessibility: Starting next month, 77 lakh EPS subscribers can withdraw pensions from any bank or branch across India.
Bank Empanelment Simplification:
All RBI-listed agency banks are now included.
Scheduled Commercial Banks with 0.2% of total EPFO collections are eligible, reduced from the previous 0.5% slab.
Interest Credit:
8.2% interest rate for FY 2023–24 credited to subscribers’ accounts.
Amendment to EPF Scheme (1952):
Interest payment extended up to the date of settlement, improving benefits for members.
Auto claim settlement limit increased from ₹50,000 to ₹1,00,000 for withdrawals related to housing, education, marriage, and medical emergencies.
16) Answer: C
Short Explanation:
Adani Green Energy Limited (AGEL), a leader in India’s renewable energy sector, has announced the establishment of a new wholly owned subsidiary, Adani Green Energy Sixty Eight Limited (AGE68L), to further its clean energy initiatives.
Detailed Explanation:
Adani Green Energy Limited (AGEL), a leader in India’s renewable energy sector, has announced the establishment of a new wholly owned subsidiary, Adani Green Energy Sixty Eight Limited (AGE68L), to further its clean energy initiatives.
Formation of AGE68L
Incorporation Date: December 28, 2024.
Registered Location: Ahmedabad, Gujarat, India.
Parent Company: Adani Renewable Energy Holding Nine Limited, a wholly owned subsidiary of AGEL.
Capital Structure:
Authorized Capital: ₹1,00,000.
Paid-Up Capital: ₹1,00,000.
Primary Objective:
Develop and operate renewable energy projects, including solar, wind, and other green energy technologies.
17) Answer: C
Short Explanation:
According to Deloitte India, the Indian economy is expected to grow at 6.5-6.8% in FY2025, driven by strong domestic consumption, infrastructure development, and digitisation.
Detailed Explanation:
According to Deloitte India, the Indian economy is expected to grow at 6.5-6.8% in FY2025, driven by strong domestic consumption, infrastructure development, and digitisation.
Economic growth is projected to increase further to 6.7-7.3% in FY2026.
While challenges such as geopolitical tensions, trade disputes, and global liquidity constraints pose risks to the long-term outlook, India’s resilience in key sectors is likely to mitigate some of these challenges.
Boosted by enhanced agricultural incomes, targeted subsidies, and government welfare programs, both rural and urban demand are expected to rise, supporting consumption-driven growth.
Growth in high-value sectors such as electronics, semiconductors, and chemicalsstrengthens India’s integration into global value chains, enhancing the export landscape.
18) Answer: D
Short Explanation:
The Indian Space Research Organisation (ISRO) is preparing to launch its PSLV Orbital Experimental Module-4 (POEM-4) mission, which includes experiments on living biological materials in space.
Significance of POEM-4: POEM-4 will carry 24 payloads, a threefold increase in capacity compared to the POEM-3 mission.
Detailed Explanation:
The Indian Space Research Organisation (ISRO) is preparing to launch its PSLV Orbital Experimental Module-4 (POEM-4) mission, which includes experiments on living biological materials in space.
Biological Experiments: The mission will send spinach, cowpea, and gut bacteria into space for scientific experiments on growth and adaptation in space conditions.
Amity University’s APEMS: Amity University, Mumbai, will launch spinach cells aboard ISRO’s Spadex mission for the Amity Plant Experimental Module in Space (APEMS) experiment.
This aims to study how plant cells adapt to space conditions.
Cowpea Experiment: ISRO will study the growth of eight cowpea seeds in space, from germination to the two-leaf stage.
This experiment will be conducted in a closed-box environment with thermal control as part of the Compact Research Module for Orbital Plant Studies (CROPS).
Significance of POEM-4: POEM-4 will carry 24 payloads, a threefold increase in capacity compared to the POEM-3 mission.
19) Answer: C
Short Explanation:
Space startups from Japan and India have partnered to study the use of laser-equipped satellites to remove space debris.
Space Cooperation between Japan and India:This project adds to the growing collaboration between Japan and India in space exploration, particularly the Lunar Polar Exploration (LUPEX) mission, planned for launch around 2026.
Detailed Explanation:
Space startups from Japan and India have partnered to study the use of laser-equipped satellites to remove space debris.
The initiative addresses the problem of orbital congestion and aims to offer solutions for debris removal in space.
Demonstration Plans:The laser system is set to be demonstrated in space, with plans to supply it to satellite operators after 2027.
Space Cooperation between Japan and India:This project adds to the growing collaboration between Japan and India in space exploration, particularly the Lunar Polar Exploration (LUPEX) mission, planned for launch around 2026.
Funding:Orbital Lasers has raised ¥900 million ($5.8 million) since its establishment in January.
InspeCity raised $1.5 million in 2023.
20) Answer: C
Short Explanation:
The All India Council for Technical Education (AICTE) collaborated with the National Quantum Mission (NQM) under the Department of Science and Technology (DST) to launch the first Undergraduate (UG) Minor Programme in Quantum Technologies in India.
Verticals of the Program:The curriculum is divided into four verticals:
Quantum Computation and Simulation
Quantum Communication and Cryptography
Quantum Sensing
Quantum Materials and Devices
Detailed Explanation:
The All India Council for Technical Education (AICTE) collaborated with the National Quantum Mission (NQM) under the Department of Science and Technology (DST) to launch the first Undergraduate (UG) Minor Programme in Quantum Technologies in India.
Purpose of the Initiative:The program aims to prepare India’s workforce for the upcoming quantum revolution and position India as a global leader in quantum innovation.
Verticals of the Program:The curriculum is divided into four verticals:
Quantum Computation and Simulation
Quantum Communication and Cryptography
Quantum Sensing
Quantum Materials and Devices
Target Audience:The program is aimed at engineering students, providing them with advanced knowledge and skills in quantum technologies.
21) Answer: D
Short Explanation:
The 22-year-old spinner Shreyanka Patil has earned a nomination for the prestigious ICC Women’s Emerging Cricketer of the Year Award, reflecting her stellar performances throughout the year in international cricket.
Detailed Explanation:
The 22-year-old spinner Shreyanka Patil has earned a nomination for the prestigious ICC Women’s Emerging Cricketer of the Year Award, reflecting her stellar performances throughout the year in international cricket.
Other Nominees:
AnnerieDercksen (South Africa)
Saskia Horley (Scotland)
Freya Sargent (Ireland)
Historic Achievement
First Indian to participate in the Women’s Caribbean Premier League in December 2023.
22) Answer: B
Short Explanation:
Indian chess legendKoneru Humpy achieved another monumental feat by winning her second Women’s World Rapid Chess Championship title in New York at the age of 37.
Detailed Explanation:
Indian chess legendKoneru Humpy achieved another monumental feat by winning her second Women’s World Rapid Chess Championship title in New York at the age of 37.
Humpy’s journey is an inspiring tale of balancing motherhood, family support, and a demanding professional chess career.
Indian Women’s Results in the Championship
Divya Deshmukh: 21st place with 7 points
Padmini Rout: 26th place with 6.5 points
R.Vaishali: 52nd place with 5.5 points
Vantika Agrawal: 67th place with 5 points
23) Answer: B
Short Explanation:
Warren Upton, the oldest known survivor of the Pearl Harbor attack, passed away on December 25, 2024, at the age of 105 in Los Gatos, California, following pneumonia.
Detailed Explanation:
Warren Upton, the oldest known survivor of the Pearl Harbor attack, passed away on December 25, 2024, at the age of 105 in Los Gatos, California, following pneumonia.
Upton was 22 years old during the attack on Pearl Harbor and served aboard the USS Utah.
The USS Utah, a battleship, was one of the targets of the Japanese attack on December 7, 1941, which led to the U.S. entry into World War II.
Upton was preparing to shave when the first torpedo struck the ship, followed by a second torpedo that caused the ship to sink.
24) Answer: C
The PM CARES Fund, established in March 2020 to respond to the COVID-19 pandemic, witnessed a sharp decline in contributions in the financial year 2022-23
25) Answer: B
About DBS Bank India :
Established: 1994
Headquarters: Mumbai, Maharashtra
Managing Director and CEO: Surojit Shome
Tagline: “Live more, Bank Less”
This post was last modified on January 1, 2025 11:36 am