JAN - QUIZ - AC Flashcards

Question

In January 2024, the Reserve Bank of India (RBI) issued revised guidelines for classifying accounts and deposits as inoperative accounts and unclaimed deposits by banks which will come into effect from ___________ 2024. 1) 1st August 2) 1st April 3) 1st March 4) 1st June 5) 1st July

Answer 1

Answer: 2) 1st April Explanation: On January 1, 2024, the RBI issued revised guidelines for classifying accounts and deposits as inoperative accounts and unclaimed deposits by banks, effective from April 1, 2024. i. The guidelines apply to all Commercial Banks, Regional Rural Banks (RRBs), and Co-operative Banks. ii. Banks are required to review accounts annually and notify account holders if there has been no activity for the past year.

Answer 2

Answer: 4) 1 crore and above Explanation: The RBI revised the Bulk Deposits limit for Scheduled Primary (Urban) Co-operative Banks in Tier 3 and 4 to Rs 1 crore and above from Rs 15 lakh and above. i. This change is a significant increase from the previous threshold. ii. The revision means that customers depositing amounts below Rs 1 crore will now earn a uniform rate of interest.

Answer 3

Answer: 1) NSDL Payments Bank Explanation: LEO1, in collaboration with NSDL Payments Bank Limited (NPBL), launched the ‘LEO 1 Card’, India's first numberless Prepaid ID card with MasterCard as a network partner. i. The card acts as both a contactless debit card and an identity card. ii. It includes a virtual wallet managed via the LEO1 mobile application and can be used at POS outlets and ATMs without a traditional bank account.

Answer 4

Answer: 2) Bank of Baroda Explanation: The Bank of Baroda (BoB) launched the National Common Mobility Card (NCMC) RuPay Reloadable Prepaid Card under the ‘One Nation, One Card’ initiative. i. The card is a chip-enabled contactless RuPay Platinum EMV prepaid card. ii. It can be used for public transport and traditional ATM transactions, with a maximum online wallet balance of Rs 1 lakh and offline wallet balance of Rs 2,000.

Answer 5

Answer: 4) Both 1 & 2 Explanation: Tata Communications Payment Solutions Limited (Tata Pay) and DigiO received approval from the RBI to act as Payment Aggregators (PAs). i. Tata Pay will handle e-commerce transactions for Tata Group's subsidiary entities. ii. DigiO, backed by Groww, also received the PA license from RBI.

Answer 6

Answer: 3) Virat Kohli Explanation: Virat Kohli won the Pubity Sport Men’s Athlete of the Year 2023 Award, defeating Lionel Messi in an online poll. i. Kohli received 78% of the votes, while Messi received 22%. ii. The Pubity Sport Female Athlete of the Year 2023 Award went to Aitana Bonmati, who defeated Coco Gauff.

Answer 7

Answer: 2) 31st May 2024 Explanation: On January 3, 2024, the EPFO approved a five-month extension for employers to upload wage details of higher pension options online till 31st May 2024 from 31st December 2023. This was done to facilitate the processing of over 3.6 lakh pending applications for the Validation of Options/ Joint Options.

Answer 8

Answer: 3) National Remote Sensing Centre Explanation: The NHAI signed a Memorandum of Understanding (MoU) with the NRSC, a primary centre of ISRO, to develop and report a “Green Cover Index” for the National Highways network in India. This initiative supports the Green Highways Policy introduced by MoRTH and NHAI in 2015, enhancing the monitoring and management of green cover along highways.

Answer 9

Answer: 2) Arunachal Pradesh Explanation: The Geographical Indications Registry based in Chennai, Tamil Nadu, awarded the GI tag to three indigenous products from Arunachal Pradesh: Adi Kekir (ginger), Handmade Carpet (by Tibetan settlers), and Wancho Wooden Craft. With these additions, Arunachal Pradesh now has a total of 8 GI products.

Answer 10

Answer: 1) Quality Council of India Explanation: The Quality Council of India (QCI) signed an MoU with the Khadi and Village Industries Commission (KVIC) to enhance the quality of Khadi products, introduce a Made-in-India label, and empower Khadi artisans. This collaboration aims to position Khadi as a symbol of quality globally.

Answer 11

Answer: 3) Bajaj Finserv Limited Explanation: Bajaj Finserv Limited launched the Credit Pass, a first-of-its-kind subscription in India, powered by TransUnion CIBIL Limited. It enables customers to get real-time access to their credit dashboard to track and monitor credit health, along with tools like the Credit Score Simulator and EMI Calculator.

Answer 12

Answer: 4) Bajaj Finance Limited Explanation: Bajaj Finance Limited launched digital Fixed Deposits offering interest rates of up to 8.85%. These FDs can be booked through the Bajaj Finserv mobile application and website. The revised rates are applicable on fresh deposits and renewals of maturing deposits of up to Rs 5 crore for a tenure of 42 months (3.5 years). Senior citizens are offered 8.85% interest rates, while other depositors receive 8.6%.

Answer 13

Answer: 2) AU SFB Explanation: On 3rd January 2024, AU Small Finance Bank (SFB) Limited in partnership with United States of America (USA) based Mastercard launched ‘Mastercard Platinum Debit Card’ designed for Corporate Salary Customers. The card was introduced under the theme #Swipe&Save. The contactless Platinum Debit Card provides exclusive and convenient benefits to Corporate Salary class people in their daily lives. The cardholders can withdraw and make purchases up to Rs 2 lakh per day. The Automated Teller Machine (ATM) fund transfer limit made by the card is limited to Rs.20,000 and contactless transactions are limited to Rs.5000. The card offers a personal accident insurance cover of Rs.2 lakh and purchase protection benefits up to Rs.25,000. The cardholder can also avail card liability cover of Rs.2 lakh. With the launch of this card, AU SFB has expanded its card offerings in all the payment networks (MasterCard, Rupay, and Visa) in India.

Answer 14

Answer: 5) All A, B & C Explanation: The World Bank (WB) has raised funds by issuing bonds in three different currencies, namely Canadian dollars (CAD), Australian dollars (AUD), and United States Dollars (USD) to support the financing of green and social projects, programs, and activities in the member countries. The World Bank’s arm, the International Bank for Reconstruction and Development (IBRD), acts as the issuer. The World Bank has launched a 5-year bond with the value of AUD 2 billion, maturing on 10th January 2029. It was the first benchmark transaction as it achieved a transaction size of AUD 2 billion, the largest AUD Sovereign, Supranational and Agency (SSA) transaction. WB has launched a 7-year bond valuing USD 5 billion from investors, and this transaction is the first in the SSA market in 2024 to generate the largest order book. The World Bank has launched a 5-year bond valued at CAD 1.4 billion to finance sustainable development initiatives in IBRD member countries. The bond is set to mature on 12th January 2029. These bonds are listed on the Luxembourg Stock Exchange (LSE) in Luxembourg City, Luxembourg; all the bonds are rated as Aaa/AAA.

Answer 15

Answer: 1) 6.7% Explanation: On January 3, 2024, India Ratings and Research (Ind-Ra) Private Limited, part of the Fitch Group, increased India’s Gross Domestic Product (GDP) growth estimate for 2023-2024 (FY24) to 6.7% from 6.2%. The increase in GDP forecast is led by various factors like the resilience of the Indian economy, which grew 7.6% Y-o-Y (Year-on-Year) in second-quarter growth (Q2FY24), after growing 7.8% Y-o-Y in 1QFY24. Sustained government (Capital Expenditure), the prospect of a new private corporate capex cycle, and sustained momentum in business and software services exports, along with remittances from the rest of the world.

Answer 16

Answer: 4) 6th Explanation: The United Nations (UN) World Braille Day is annually observed across the globe on 4 January to raise awareness about the significance of Braille as a communication medium for people who are blind or partially sighted. The Day commemorates the birth anniversary of Louis Braille, a 19th-century French educator, who invented the Braille script for the blind and visually impaired in 1824. 4th January 2024 marks the observance of the 6th World Braille Day and the 215th birth anniversary of Louis Braille. The 1st ever World Braille Day was observed on 4 January 2019. On this occasion of World Braille Day, the National Institutes and Composite Regional Centres under the Department of Empowerment of Persons with Disabilities (DEPwD) of the Ministry of Social Justice & Empowerment organised a range of engaging programs at various locations across India.

Answer 17

Answer-2) West Bengal Explanation: The Geographical Indications Registry under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has recently awarded geographical indication (GI) tags to 3 handloom sarees of West Bengal, namely Tangail, Korial and Garad received geographical indication (GI) tags under the goods of Textiles. - The tangail sarees are woven in Nadia and Purba Bardhhaman districts, while korial and garad are woven in Murshidabad and Birbhum. - Tangail Cotton Sarees: Finer count, adorned with extra warp designs using colored yarn; named after Tangail district in present Bangladesh. - Korial Sarees: Lavish silk in white or cream; feature heavy gold and silver embellishments akin to Benarasi sarees in border and pallu. - Garad Silk Sarees: Plain white or off-white body, unornamental colored border, striped pallu; traditionally worn during pujas; handwoven with pure silk in Murshidabad, West Bengal.

Answer 18

Answer-1) Bank of Baroda Explanation: REC Limited (formerly Rural Electrification Corporation Limited) signed a Memorandum of Understanding (MoU) with Bank of Baroda (BoB) to jointly offer loans for power, infrastructure and logistics projects for a duration of three years (till 2026). - The MoU was signed in presence of Vivek Kumar Dewangan, Chairman and Managing Director (CMD), REC Limited and Debadatta Chand, MD and CEO, Bank of Baroda - The MoU aims to catalyse transformative projects that will positively impact communities and drive socio-economic progress in India. Note- REC Limited is a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power (MoP).

Answer 19

Answer-2) Ola Electric Mobility Explanation: Ola Electric Mobility Private Limited (Ola), has become the 1st Indian electric two-wheeler (e2W) company to get eligible for the Production-Linked Incentive (PLI) scheme after receiving approval from the Ministry of Heavy Industries (MHI). - The PLI certification offers Ola a financial benefit of Rs 15,000 to Rs 18,000 per unit. - This financial incentives will help to increase the penetration of Electric Vehicles (EVs) across India. - Ola Electric has fulfilled all the requirements outlined in the PLI Scheme, including a minimum of 50% domestic value addition to its vehicles.

Answer 20

Answer-3) Succes Masra Explanation: Succes Masra, president of ‘The Transformers’ party and former opposition leader, was appointed as the Prime Minister (PM) of the Republic of Chad by the transitional government under the presidentship of General Mahamat Idriss Deby Itno following a referendum. - Succes Masra will replace Saleh Kebzabo who resigned from the post in December 2023. - Succes Masra is a former Senior Economist at the African Development Bank (AfDB), and a former Senior Consultant at Ernst & Young Global Limited and BNP Paribas Bank Group (Paris, France). - He started the Les Transformateurs (“The Transformers” in English) party in 2018.

Answer 21

Answer-4) Kuwait Explanation: Sheikh Meshal al-Ahmad Al-Jaber al-Sabah, Emir of Kuwait, has appointed Sheikh Mohammed Sabah al-Salem al-Sabah as the Prime Minister (PM) of Kuwait and has been tasked to form a new cabinet. - He succeeds Sheikh Ahmad Nawaf Al Ahmad Al Sabah, the son of late Emir Nawaf Al-Ahmad Al-Jaber Al-Sabah, who has been serving as the PM of Kuwait since 2022. - Sheikh Mohammed was born in 1955 and is the fourth son of Sheikh Sabah Al Salem Al Sabah, the 12th Emir of Kuwait, who ruled Kuwait from 1965 until 1977. - He served as the ambassador of Kuwait to the United States of America from 1993 to 2001. - He has also served as the minister of state for foreign affairs from 2001 to 2003, and minister of foreign affairs from 2003 to 2011. - He served as the deputy PM of Kuwait from 2006 to 2011.

Answer 22

Answer-1) NewSpace India Limited Explanation: NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO), is set to launch GSAT-20 (renamed GSAT-N2), a Ka-band high throughput satellite (HTS), onboard the Falcon-9 rocket of Space Exploration Technologies Corporation (SpaceX) in the 2nd quarter of 2024. - This will be ISRO’s first partnership with SpaceX to launch the satellites. About GSAT-N2: - GSAT-N2 is specifically designed to meet the broadband, In-flight and Maritime Connectivity (IFMC) and cellular backhaul service needs of remote/ unconnected regions. - It offers 32 user beams in the Ka-Ka band having Pan-India coverage including Andaman and Nicobar Islands and Lakshadweep islands. - GSAT-N2, weighing 4700 kg, offers an HTS capacity of nearly 48 Gigabytes Per Second(Gpbs). - GSAT-N2 satellite will be fully owned, operated and funded by NSIL.

Answer 23

Answer-4) GlobalSpace Technologies Limited Explanation: Navi Mumbai (Maharashtra) based GlobalSpace Technologies Limited has unveiled ‘GoRoga’ India’s first anti-stress wearable. - The device uses non-invasive brain stimulation (NIBS) technology to reduce anxiety and promote mental wellness. - The device is manufactured and patented as RogaLife in the United States of America (USA) and the software is developed in India under the ‘Make in India’ initiative. - ‘GoRoga’ is designed to activate cortisol (steroid hormone) by connecting to a phone and utilizing sticky pads on the ears.

Answer 24

Answer-5) Pench Tiger Reserve (Maharashtra) Explanation: A New Herbaceous Plant Species named “Polygonum Chaturbhujanum” was discovered at Gol Pahadi Island of the Pench Tiger Reserve (PTR) in Nagpur, Maharashtra. The new species was discovered during the floral survey carried out in Pench with technical support of the Forest Survey of India(FSI). Note- This one of a kind species belongs to the genus Polygonum which includes flowering plants in the knotweed and buckwheat family Polygonaceae. - The floral survey, carried out over 1 year in Pench, reported over 863 plant species belonging to 554 genera and 117 families. - Out of this, 46 species are indigenous to India, 32 plant species are of rare distribution and 6 plant species are endemic to the Indian subcontinent. - After the survey, Dr K Chandramohan and Dr D Ravivarma, who worked on the floral survey in Pench, authored a book titled ‘Flowering Plants of Pench Tiger Reserve’. The book was edited by Dr. Prabhu Nath Shukla and Chaturbhuja Behera. - The book was released by Devendra Fadnavis, Deputy Chief Minister (Dy CM) of Maharashtra.

Answer 25

Answer-1) Manorama Mishra Explanation: General V.K. Singh (Retd.), Union Ministers of State (MoS), Ministry of Road Transport and Highways (MoRTH) and Ministry of Civil Aviation (MoCA) released the book ‘Sanskriti ke Ayaam’ authored by Manorama Mishra. - The book, authored in Hindi language, is published by the National Book Trust, India functioning under the Ministry of Education (MoE). - The book speaks about Indian knowledge, tradition and culture.

Answer 26

Answer-3) Himachal Pradesh Explanation: Himachal Pradesh Chief Minister(CM) Sukhvinder Singh Sukhu launched India’s first ever Report Management Portal (RMP) and Meeting Management Portal (MMP) for efficient governance. - The portals were developed by the Department of Digital Technology and Governance (DDTG) of the Himachal Pradesh government. - The RMP is designed to enhance the process of sending and monitoring various reports across departments, boards, and corporations more efficiently. - It enables real-time data access for informed decision-making, as well as one-click SMS and email capabilities, as well as automatic reminders and notifications to concerned officers. - The MMP collects clean, authentic data in a standardised format with the goal of increasing transparency, accountability, and efficiency in government affairs. - MMP serves as a comprehensive solution for issuing meeting notices and proceedings, fostering communication from the Secretariat to the field offices.

Answer 27

Answer: 5) Confederation of Indian Industry Explanation: On 4th January 2024, Indian Railways (IR) and Confederation of Indian Industry (CII) signed the Memorandum of Understanding (MoU) to reduce energy and water consumption and lower greenhouse gas (GHG) emissions. The MoU has been renewed for the 3rd consecutive time since 2016. This renewed MoU with CII-Green Business Centre (GBC) aims to achieve IR’s target of Net Zero Carbon Emission by 2030. Under this renewed MoU, IR and CII jointly focus on bringing new/relevant technologies, achieving ISO 50001 certification for workshops/production units, developing a Net-Zero Energy Railway station framework, and creating an information dashboard for green initiatives.

Answer 28

Answer: 1) 6.2% Explanation: On January 5, 2024, according to the United Nations Department of Economic & Social Affairs (UN-DESA) released the World Economic Situation and Prospects (WESP) 2024 report projecting India’s economic growth to reach 6.2% in 2024 which is slightly lower than the 6.3% estimate for 2023. India’s GDP is estimated to reach 6.6% in 2025. South Asia’s Gross Domestic Product (GDP) is expected to increase by 5.2% in 2024. It grew by an estimated 5.3% in 2023. The report forecasts a slowdown in global economic growth from 2.7% in 2023 to 2.4% in 2024 with short-term risks and structural vulnerabilities. Global headline inflation fell from 8.1% in 2022 to an estimated 5.7% in 2023 and is projected to decline to 3.9% in 2024.

Answer 29

Answer: 3) International Bank for Reconstruction and Development Explanation: The World Bank (WB) arm International Bank for Reconstruction and Development (IBRD) has priced a 5-year Sustainable Development Bond in Great British Pound sterling (GBP) to raise GBP 1.5 billion from investors, contributing to finance sustainable development initiatives in World Bank member countries. The bond will mature on 2nd October 2028 and it is listed on the Luxembourg Stock Exchange (LSE) in Luxembourg City, Luxembourg. Citigroup Inc., NatWest Markets Plc, Santander Bank, and Toronto Dominion Securities are the joint lead managers of the transaction. Belgium-based Euroclear and Luxembourg-based Clearstream will offer clearing systems service for the transaction. Investor distribution: By Investor Type - Central Banks / Official Institutions (53%), Banks/Bank Treasuries/Corporates (25%), Asset Managers /Insurance/Pension Funds (22%); By Geography – United Kingdom (UK – 59%), Asia (32%), Europe / Middle East (6%), Americas (3%).

Answer 30

Answer: 1) P Santhosh Explanation: P Santhosh, Chief General Manager (CGM) of Canara Bank, has been appointed (on deputation) as Managing Director (MD) and Chief Executive Officer (CEO) of National Asset Reconstruction of India Limited (NARCL) with effect from 5th January 2024. He succeeds Natarajan Sundar, MD & CEO of NARCL (from 2022), who resigned from the post. Santhosh will hold the post until the appointment of a regular CEO. The majority of NARCL’s stake is held by Public Sector Banks (PSBs) and the balance by private banks. Canara Bank is among the sponsor banks of NARCL with a 10% stake.

Answer 31

Answer: 5) All A, B & C Explanation: On 5 January 2024, the Appointments Committee of the Cabinet (ACC) chaired by Prime Minister (PM) Narendra Modi, cleared the appointment of 7 civil servants to key posts abroad to represent India in foreign missions and captive posts within the Government of India (GoI) across various multilateral bodies. Vikas Sheel, a 1994-batch Indian Administrative Service (IAS) officer of the Chhattisgarh cadre, was appointed as Executive Director (ED) of the Asian Development Bank (ADB) in Manila (Philippines) for 3 years. Senthil Pandian, a 2002-batch IAS officer of the Uttar Pradesh cadre, has been appointed as Ambassador/Permanent Representative (PR) at the Permanent Mission of India (PMI) to the Geneva (Switzerland)-based World Trade Organisation (WTO) for 3 years. M Balaji, a 2005-batch IAS officer of the Tamil Nadu cadre, has been appointed Deputy Chief of Mission at the Embassy of India, Brussels (Belgium) for 3 years. Parveen Kumar, Indian Revenue Service (IRS) (Income Tax) officer of the 2004 batch, was appointed as Adviser to the ED of the International Monetary Fund (IMF), Washington DC, USA. Smita Sarangi, a 2008 batch IAS officer of the Nagaland Cadre, was appointed as Adviser to the ED of the ADB, Manila for 3 years. Senior bureaucrat Kalyan Revella, a 2010-batch IRS officer, has been appointed Counsellor (Economic) at the Embassy of India in Beijing, China for 3 years, replacing Lekhan Thakkar. Tanu Singh, a 2012-batch Indian Trade Service (ITradeS) officer, has been named as the First Secretary of the PMI to the WTO (Geneva) for 3 years, replacing Anwar Hussain Shaik, who is completing his tenure on 31 March 2024.

Answer 32

Answer: 3) Power Grid Corporation of India Explanation: Ravindra Kumar Tyagi assumed charge as Chairman and Managing Director (CMD) of Power Grid Corporation of India Limited (POWERGRID) with effect from 1 January 2024. He succeeded K. Sreekant, whose tenure as CMD ended on 31 December 2023. RK Tyagi served as Director (Operations) of POWERGRID from August 2022 to December 2023. In November 2023, the Appointments Committee of the Cabinet (ACC) approved the appointment of RK Tyagi as CMD of POWERGRID. RK Tyagi has more than 37 years of experience in the power transmission system.

Answer 33

Answer: 2) Sanjiv Aggarwal Explanation: On 5th January 2023, Sanjiv Aggarwal, Partner (Energy Infrastructure), Actis, was appointed as the Managing Director (MD) & Chief Executive officer (CEO) of National Investment and Infrastructure Fund Limited (NIIFL), with effect from February 2024. He will succeed Rajiv Dhar, who has been serving as interim MD and CEO of NIIFL since May 2023. Note: NIIF is a collaborative investment platform for international and Indian investors, anchored by the Government of India (GoI).

Answer 34

Answer: 4) Govindayapalli Ram Mohan Rao Explanation: The Securities and Exchange Board of India (SEBI), has appointed Govindayapalli Ram Mohan Rao as Executive Director (ED) of SEBI for a period of three years. He will handle the Investigation Department and Internal Inspection Department in SEBI headquarters in Mumbai, Maharashtra. Prior to joining SEBI, G Ram Mohan Rao served as Regional Director of the Eastern Regional Office (ERO) of SEBI in Kolkata, West Bengal. He also served at the Northern Regional Office (NRO) and Serious Fraud Investigation Office (SFIO) in New Delhi, Delhi.

Answer 35

Answer: 3) Only B & C Explanation: On 6th January 2024, the Indian Space Research Organisation (ISRO) successfully performed the crucial manoeuvre (final manoeuvre) of injecting the Aditya-L1 spacecraft, India’s first space-based observatory-class solar probe to study the Sun, into the halo orbit around Lagrangian point 1 (L1). Aditya L1 has travelled around 3.7 million kilometres in 126 days to reach L1. This marks the transition of the Aditya L1 mission from cruise phase to orbit phase. After a flight duration of 63 minutes and 20 seconds, Aditya L1 was successfully injected into an elliptical orbit of 235×19500 km around the Earth. Polar Satellite Launch Vehicle (PSLV-C57) launched Aditya L1 on 2nd September 2023 from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh (AP). Between 3rd and 15th September 2023, the ISRO Telemetry, Tracking and Command Network (ISTRAC) in Bengaluru, Karnataka, has carried out 4 Earth-Bound Manoeuvres (EBN). On 30th September 2023, Aditya L1 travelled beyond a distance of 9.2 lakh km from Earth and escaped the sphere of Earth’s influence and began its journey towards L1. Mission Director: Nigar Shaji, a scientist at the UR Rao Satellite Centre (URSC), part of ISRO, in Bengaluru, Karnataka. Nigar Shaji hails from Tenkasi, Tamil Nadu. Aditya L1 carries 7 payloads to observe the photosphere, chromosphere, and corona (the outermost layers of the Sun) using electromagnetic and particle detectors. 4 payloads will directly view the Sun and 3 payloads will carry out in-situ studies of particles and fields at the L1. These payloads were indigenously developed in collaboration with various ISRO Centres and Scientific Institutes.

Answer 36

Answer: 3) 6th January 2024 Explanation: World Day of War Orphans 2024 was observed across the globe on 6th January 2024 to raise awareness about the challenges faced by children who have been left orphaned by wars and about the trauma experienced by war orphans globally. The Day addresses social, psychological, and physical obstacles confronted by war orphans, protects their rights and well-being, and emphasizes the need for global attention and support. A war orphan is a child or children whose parents or parents died while serving in military duty. The United Nations Children’s Fund (UNICEF) defines an orphan as any child under 18 who has lost one or both parents to any cause of death.

Answer 37

Answer-2) Hardeep Singh Puri (Union Minister of Housing and Urban Affairs) Explanation: Union Minister Hardeep Singh Puri, Ministry of Housing and Urban Affairs (MoHUA), launched 2 portals namely the refreshed Portal for Affordable Credit and Interest Subvention Access (PAiSA Portal) Dashboard; and the Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Mission Monitoring Portal during the inauguration of a seminar on ‘Grievance Redressal Committee (GRC) for Street Vendors.  These portals will provide real-time progress updates on the mission and scheme, fostering transparency and accountability.  The seminar on ‘GRC for Street Vendors’ was organised by the MoHUA on January 04, 2024 at the India Habitat Centre, New Delhi, Delhi. i. The MoHUA launched the PM SVANidhi scheme on 1 June 2020, to address challenges faced by Street Vendors and help them resume businesses affected by the COVID-19 pandemic. ii. The PAiSA portal was launched on November 26, 2018. The web portal was designed and developed by Allahabad Bank.  It is a centralized hub for processing interest subvention on bank loans to beneficiaries under the Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM).

Answer 38

Answer- 5) Madhya Pradesh Explanation: On 7th January 2024, Dr. Mansukh Mandaviya, Union Minister for Health & Family Welfare, inaugurated “PRASADAM”, India’s 1st Healthy & Hygienic Food Street, at Neelkanth Van, Mahakal Lok, in Ujjain, Madhya Pradesh (MP).  Dr. Mohan Yadav, Chief Minister(CM) of MP along with other dignitaries were present during the inauguration.  PRASADAM, with a total number of 17 shops spread across 939 square meters, offers convenient and culturally rich dining options for devotees of Mahakaleshwar Temple. i. The Union Minister also launched the Mannhit app, an initiative facilitating screening for mental health. ii. Food Safety and Standards Authority of India (FSSAI) released “The DART Book” to empower consumers to tackle adulteration at home with simple tests.

Answer 39

Answer-1) 31st March Explanation: The Department of Telecommunications (DoT), under the Ministry of Communications (MoC), has mandated Machine-to-Machine (M2M) and Wireless Personal Area Network/Wireless Local Area Network (WPAN/WLAN) registration to all entities engaged in these businesses.  The registration process must be completed by March 31, 2024, through the SaralSanchar portal (saralsanchar.gov.in)  The reason behind this mandate is to broaden the scope of registration to foster a standard-based and secure M2M/IoT ecosystem. i. All entities, include Companies, Government departments, Organizations, Partnerships, LLPs (Limited Liability Partnerships), Institutions, Undertakings, Proprietorship firms, Societies, Trusts engaged in M2M service provisioning and WPAN/WLAN Connectivity Provisioning, ii. Non-compliance may result in the withdrawal or disconnection of telecom resources from Authorized Telecom Licensees.

Answer 40

Answer- 4) 10.1% Explanation: Food and Agriculture Organization of the United Nations (FAO) Food Price Index (FFPI) December 2023 stood at 118.5 points, 1.8 points (1.5%) lower than November 2023 level(120.3) and 13.3 points (10.1%) lower than December 2022 level(130.4).  For 2023 as a whole, FFPI stood at 124.0 points, 19.7 points (13.7%) lower than the average value in 2022.  The FAO’s World Food Price Index tracks monthly changes in the international prices of a set of globally-traded food commodities. i. December 2023’s FAO Cereal Price Index increased by 1.8 points(1.5%) from November 2023 level but 24.2 points(16.6%) lower than December 2022 level(147.3).  In December 2023, the FAO All Rice Price Index rose 1.6% above its November 2023 level.

Answer 41

Answer-5) 5 Billion Explanation: The Asian Development Bank (ADB) sells a dual-tranche global benchmark bond valued at USD 3 billion with a maturity of 3 years and at USD 2 billion with a maturity of 10 years to raise USD 5 Billion to promote social and economic development across its member countries in Asia and the Pacific region.  The raised funds will be contributed to ADB’s ordinary capital resources. i. This 3 year bond will be maturing on 12th January 2027 and this 10-year bond will be maturing on 12th January 2034.

Answer 42

Answer-1) Barack Obama Explanation: Barack Obama, former President of the United States of America(USA) (2009-2017), won the 75th Creative Arts Emmy Award under the Outstanding Narrator category for his Netflix documentary series title Working: What We Do All Day “The Middle”. i. Previously, he won the award in the same category in 2022 for the Netflix documentary series Our Great National Parks “A World Of Wonder”. ii. He also has 2 Grammys under the Best Spoken Word Album category for “The Audacity Of Hope: Thoughts On Reclaiming The American Dream” in 2008 and “Dreams From My Father (Senator Barack Obama) in 2006. Note: The Television Academy presented the 75th Creative Arts Emmy® Awards honouring outstanding artistic and technical achievement in television on 6th and 7th January 2024 at Peacock Theater in Los Angeles, California, USA. List of winners of the 75th Creative Arts Emmy Award(List 1 & List 2)

Answer 43

Answer-3) Raghuram Iyer Explanation: On January 5, 2024, the Indian Olympic Association (IOA) appointed Raghuram Iyer as its Chief Executive Officer (CEO). i. Previously, he has served as the CEO of Indian Premier League (IPL) teams such as Rajasthan Royals, Lucknow SuperGiants and Rising Pune Supergiant.  Raghuram Iyer was unanimously selected for the post by IOA Nomination Committee. ii. Prior to this appointment, the functions of the CEO at IOA were managed by Kalyan Chaubey, the joint secretary of the IOA and the President of the All India Football Federation (AIFF).

Answer 44

Answer-1) David Warner Explanation: Australian batsman David Warner announced his retirement from one-day international (ODI) cricket and test cricket during his last test match against Pakistan, held from 3-6 January 2024 in Sydney, Australia.  David Warner was awarded Australian Cricket Awards(formerly Allan Border Medal) three times in 2020,2017 & 2016 by Cricket Australia (The national governing body for cricket in Australia) for his outstanding performance.  He was part of the cup-winning Australian team in the following tournaments, including  ODI World Cup (2015) hosted by New Zealand and Australia  Twenty20 (T20) World Cup (2021) held in the United Arab Emirates (UAE) and Oman  World Test Championship (2021–2023) held in London, United Kingdom(UK)  ODI World Cup (2023) held in India  David Warner holds the record for Australia’s second-highest run scorer across all three formats(ODI,T20I and Test) with 18,612 runs, behind Ricky Ponting (27,483 runs).

Answer 45

Answer-5) Germany Explanation: The German tennis team won the United Cup 2024 title by defeating Poland 2-1 in the finals held at the Ken Rosewall Arena in Sydney, Australia. The second edition of the United Cup was held from 29th December 2023 – 7th January 2024 in Perth and Sydney, Australia. i. Each tie (round) in the United Cup 2024 features three matches (men’s singles, women’s singles, and mixed doubles).  Germany’sAlexander Zverev (6th in the ATP ranking) defeated Poland’s Hubert Hurkacz (9th ranked) in the men’s singles finals.  In the women’s singles finals, Poland’s Iga Swiatek(1st in WTA ranking) defeated Angelique Kerber (Germany).  In the mixed doubles event, Alexander Zverev and Laura Siegemund (Germany) defeated Hubert Hurkacz and Iga Swiatek (Poland) in the finals.  Winners of men’s singles and women’s singles in the final receive USD 251,000 prize money, while mixed doubles winners get USD 47,255.  The final winning team received USD 23,155 in prize money.

Answer 46

Answer- 2) Assam Explanation: obility electric bike (e-bike) taxi service.  The e-bike taxi service was launched by Parimal Suklabaidya, Minister of Transport of Assam Government, in Guwahati, Assam. i. Baayu Clean Air Movement is a sustainable mobility initiative launched by ASTC in collaboration with Guwahati based Bikozee Ecotech Private Limited led by the Department of Transport, Government of Assam. ii. The movement is supported by the National Institution for Transforming India (NITI) Aayog’s Shoonya Zero Pollution Mobility campaign.

Answer 47

Answer-5) The Cabinet approved the MoU signed between the Ministry of Petroleum & Natural Gas(MoPNG), GoI and the Ministry of Natural Resources, United Arab Emirates (UAE) on cooperation in the hydrocarbon sector. Explanation: The Union Cabinet chaired by Prime Minister (PM) Narendra Modi has approved the following proposals on 5th January 2024,  The union cabinet chaired by PM Modi has approved the overarching scheme “PRITHvi Vigyan (PRITHVI)” of MoES with a total outlay of Rs 4,797 crore. The scheme will be implemented during the period from 2021 to 2026.  The Union Cabinet appraised the Memorandum of Understanding (MoU) signed between the Indian Space Research Organization (ISRO) and Mauritius Research and Innovation Council (MRIC) for cooperation on the development of a Joint Small Satellite.  The Union Cabinet approved the MoU signed between Indian Railways(IR), the Government of India and the United States Agency for International Development / India (USAID/India) on 14th June 2023 to support IR to achieve Net Zero Carbon Emission by 2030.  The Union Cabinet chaired by PM Modi has approved the proposal to declare Uttar Pradesh’s Ayodhya Airport as an International Airport and name it “Maharishi Valmiki International Airport, Ayodhyadham”.  The Union Cabinet approved the MoU signed between the Ministry of Petroleum & Natural Gas(MoPNG), Government of India and the Ministry of Natural Resources, Republic of Guyana on cooperation in the hydrocarbon sector.  The MoU is signed for 5 years and can be automatically renewed on a quinquennium basis.

Answer 48

Answer-4) Maharashtra Explanation: According to a report titled MSMEs: Unleashing the Engines of Economic Prosperity, prepared by CBRE India Research, Maharashtra has accounted for the highest share (17%) of Micro, Small, and Medium Enterprises (MSMEs) in India followed by Tamil Nadu (TN) (10%) and Uttar Pradesh (UP) (9%).  The report was unveiled during the CREDAI National New India Summit 2024 (5th edition) held in Varanasi, UP from 7th to 9th January 2024.  CBRE India Research is the knowledge partner of the New India Summit 2024. i. The MSME sector plays a vital component in the economic progress of India, contributing nearly 30% to India’s Gross Domestic Product (GDP), and about 44% of Exports in India.  UP in particular has a 90-lakh MSME base and contributes around 14% share of India’s total MSMEs.

Answer 49

Answer-2) 0.402 Explanation: On January 8, 2023, the State Bank of India (SBI) Economic Research Department (ERD) released a report titled ‘SBI Research: Debunking K-shaped recovery‘ which stated that individual income inequality in India has declined during 2013–2014(FY14) to 2021–2022(FY22).  The Gini coefficient of taxable income, which captured income inequality, dropped from 0.472 to 0.402 during this period.  36.3% taxpayers moved to higher income groups, leading to a 21.3% income increase.  Top 2.5% taxpayers’ share dropped from 2.81% to 2.28% (2014–2021).  Taxpayers earning Rs 5-10 lakh increased by 295% (Assessment Years AY 2013–14 to AY 2021–22).  Income disparity of people earning less than 3.5 lakh decreased from 31.8% to 15.8%.

Answer 50

Answer-3) 200 crore Explanation: On January 8, 2024, the Reserve Bank of India (RBI) increased the minimum capital requirement for Small Finance Banks (SFBs) from Rs 100 crore to Rs 200 crore, and permitted Payments Banks to upgrade as SFBs.  The reason behind this is to improve the financial resilience of SFBs and ensure their long-term sustainability.  It is noted that the net worth of all operational SFBs is in excess of Rs 200 crore. i. Urban Co-operative Banks (UCBs) transitioning to Small Finance Banks (SFBs) need an initial net worth of Rs 100 crore, to be increased to Rs 200 crore within five years. ii. Payments Banks, eligible as per guidelines, can apply for SFB conversion after five years of operation.

Answer 51

Answer-5) All A, B & C Explanation: The 81st edition of Golden Globe Awards (2024) held on 8th January, 2024 at the Beverly Hilton in Beverly Hills, California, United States of America (U.S.A.).  The Golden Globe Awards are held annually and are presented by Hollywood Foreign Press Association (HFPA).  American Actor and Comedian, Joseph Glenn Herbert Sr. also known as Jo Koy hosted the 2024 award ceremony. i. Five-time Oscar nominee Christopher Nolan’s film “Oppenheimer” steals the entire spotlight at 81st Golden Globe Awards by securing 5 awards in coveted categories such as: Best Film in Drama, Best Actor in Drama, Best Supporting Actor and for best original score by Ludwig Goranson.  Christopher Nolan won his career 1st Golden Globe Award for Best Director for his film “Oppenheimer”. Though, he was nominated for Golden Globe 6 times. ii. Cillian Murphy won the Golden Globe for best male actor in Drama for his role as the father of the atomic bomb ”J. Robert Oppenheimer” in Oppenheimer. iii. Lily Gladstone won best female actor in Drama for Martin Scorsese’s Killers of the Flower Moon. iv. After Oppenheimer, Succession (T.V. Series in Drama) stood out at 81st Golden Globe Awards by winning 4 awards- Best Performance by a Male Actor in a Television Series – Drama, Best Performance by a Female Actor in a Television Series – Drama, Best Performance by a Male Actor in a Supporting Role on Television and Best Television Series-Drama.  Succession won the Golden Globe Award under the Best Television Series-Drama Category.

Answer 52

Answer-3) Bhushan Ramakrishna Gavai Explanation: The National Legal Services Authority (NALSA) has nominated Justice Bhushan Ramakrishna (BR) Gavai, a judge of the Supreme Court of India, as the Chairman of the Supreme Court Legal Services Committee (SCLSC).  He succeeds Justice Sanjiv Khanna, the senior most puisne judge of the Supreme court. Note: The Department of Justice, under the Ministry of Law & Justice, issued the notification to this effect on 29th December 2023. i. The President of India, Droupadi Murmu, in exercise of the powers conferred under Clause (b) of sub-section (2) of Section 3 of the Legal Services Authorities Act, 1987 has nominated Justice Sanjiv Khanna as the Executive Chairperson of NALSA with effect from 26th December 2023.  He succeeded Justice Sanjay Kishan Kaul, who retired on 25th December 2023.

Answer 53

Answer-1) 2.5 Billion Explanation: Canada-based Brookfield Asset Management(BAM) through its affiliate Data Infrastructure Trust(DIT) is set to fully acquire the Indian unit of American Tower Corporation (ATC) for an enterprise value of around USD 2.5 Billion.  The transaction is subject to regulatory approvals and expected to close in the second half of 2024.  Following the acquisition, Brookfield will become India’s largest tower company with 2.53 lakh towers.  Reliance Jio Infocomm Limited (RJIL) is the anchor client of Brookfield whereas Vodafone Idea Limited (VI) is the anchor client of ATC.

Answer 54

Answer-5) Peregrine Mission One (PM1) (TO2-AB) Explanation: On 08th January 2024, the National Aeronautics and Space Administration (NASA) launched five payloads to soft land on the Moon’s surface aboard Peregrine Mission One (PM1) (TO2-AB). The mission was launched through United Launch Alliance (ULA)’s Vulcan Centaur Launch Vehicle (VC2S) from Cape Canaveral, Florida, United States of America (USA).  This is the first launch of NASA under the Commercial Lunar Payload Services(CLPS) Initiative. PM1 is the first commercial mission of Astrobotic Technology to land on another planetary body.  Sharad Bhaskaran, who is of Indian origin, is the mission director. i. The five payloads of the mission are:  Laser Retro-Reflector Array (LRA) – function as a permanent location marker on the Moon.  Linear Energy Transfer Spectrometer (LETS) – demonstrates the capabilities of the radiation monitors on the lunar surface.  Near-Infrared Volatile Spectrometer System (NIRVSS) – Studies lunar soil composition and finds hidden minerals and volatiles.  Peregrine Ion-Trap Mass Spectrometer (PITMS) – analyses thin lunar atmosphere and studies escaping gases & molecules.  Neutron Spectrometer System (NSS) – detects potential water present in the lunar soil. Note- This is the first lunar mission of NASA after the launch of Apollo 17 in 1972.

Answer 55

Answer-2) 8th January 2024 Explanation: Earth’s Rotation Day is annually observed across the globe on 8 January to highlight the significance of Earth’s rotational motion. It commemorates the anniversary of the scientific demonstration of Earth’s rotation by the French physicist Léon Foucault in 1851.  Earth’s Rotation Day 2024 observed on 8th January 2024 commemorates the 173rd anniversary of Léon Foucault‘s demonstration. i. Basics of Earth’s Rotation:  The spinning of the Earth around its axis is called ‘rotation.’ Earth completes a full rotation on its axis every 23 hours and 56 minutes, which is rounded up to 24 hours.  This rotation around its axis is known as one Earth Day and this rotation is responsible for day and night cycles.  Earth rotates on its axis from West to East, and the Sun and Moon appear to move from East to West across the sky.

Answer 56

Answer-5) Ahmedabad, Gujarat Explanation: Chief Minister(CM) of Gujarat, Bhupendrabhai Patel has inaugurated the International Kite Festival 2024 at Sabarmati Riverfront, Vallabh Sadan in Ahmedabad, Gujarat. i. The festival will be held from 7th to 14th January 2024 in Ahmedabad. ii. The festival marks the days in the Hindu calendar when winter begins turning to summer, known as Makar Sankranti or Uttarayan. iii. The festival features over 153 international kite flyers from 55 countries, 68 national kite flyers from 12 states, and 865 kite enthusiasts from 23 cities in Gujarat. Note: Since 1989, the city of Ahmedabad has hosted the International Kite Festival as part of the official celebration of uttarayan.

Answer 57

Answer-2) 45,000 crore Explanation: On 8th January 2024, the first meeting of Inland Waterways Development Council (IWDC), chaired by the Union Minister Sarbananda Sonowal, Ministry of Ports, Shipping & Waterways (MoPSW), committed an investment of Rs 45,000 crore for development of river cruise tourism in India.  Rs 35,000 crore of this sum has been allocated for cruise vessels and Rs 10,000 crore is set aside for development of cruise terminal infrastructure by 2047(end of Amrit Kaal). i. The Union Minister also launched ‘Harit Nauka– Guidelines for Green Transition of Inland Vessels’ and ‘River Cruise Tourism Roadmap, 2047’ during the meeting. Click here to read more.

Answer 58

Answer-3) 46th Explanation: India is set to chair and host the 46th session of the UNESCO (United Nations Educational, Scientific and Cultural Organization) World Heritage Committee from July 21–31, 2024 in New Delhi, Delhi. This marks the first time for India to chair and host the UNESCO heritage committee. i. Bureau Members:  Chairperson– Vishal V Sharma(Permanent Representative of India to UNESCO)  Vice–Chairpersons: Bulgaria, Greece, Kenya, Qatar, Saint Vincent and the Grenadines

Answer 59

Answer-5) IndusInd Bank Explanation: IndusInd Bank Limited in collaboration with National Payments Corporation of India (NPCI) has launched the Unified Payments Interface (UPI)-enabled ‘IndusInd Bank Samman RuPay Credit Card’ for government sector employees.  The contactless credit card enhances the day-to-day transactional experience of the cardholders thereby offering them a multitude of convenient payment options.

Answer 60

Answer-4) Indian Overseas Bank Explanation: Chennai (Tamil Nadu)-based public sector bank, Indian Overseas Bank (IOB) introduced a ‘Savings Account Portability Online’ scheme to simplify the savings account portability process for customers who move to different locations (for work or education).  The scheme aims to streamline the process, eliminating manual paperwork and reducing the waiting period to relocate bank accounts.

Answer 61

Answer-2) Gabriel Attal Explanation: French President Emmanuel Macron has appointed 34-year-old Gabriel Attal as the New Prime Minister (PM) of France. With this, Attal becomes the youngest-ever PM of France since the founding of the French Fifth Republic in 1958. He is also the first openly gay PM of France. i. Gabriel Attal replaces Élisabeth Borne, who resigned after 20 months in office on 8 January 2024. She was appointed as the PM of France in May 2022.

Answer 62

Answer- 5) Ugram Explanation: The Defence Research and Development Organisation (DRDO) launched the “Ugram (ferocious)” assault rifle for the Indian Army (IA). It was unveiled by Shailendra Gade, the Director General of the Armament and Combat Engineering (ACE) system of the DRDO. i. It has been developed by Armament Research and Development Establishment (ARDE), Pune, Maharashtra and a Hyderabad-based private firm Dvipa Armour India Private Limited (DAIPL). ii. It is 7.62 x 51 mm caliber, weighs less than four kilograms, and has a 500-meter firing range. It has a rivet-free design.

Answer 63

Answer-3) KL Rahul Explanation: The Indian cricket team toured South Africa from 10th December 2023 to 07th January 2024 to play Three Twenty20 International (T20I), Three One Day International (ODI), and two test matches.  The Indian cricket team won the ODI series while T20I and test series ended in a draw. i. During three-match T20I series, Indian T20I captain Suryakumar Yadav scored his fourth century in the third T20I match against South Africa and he equalled the record for most T20 centuries in international cricket jointly held by Rohit Sharma and Glenn Maxwell (Australia). ii. During the ODI series, KL Rahul captained the Indian ODI team, which won the 3-match ODI series 2-1 against South Africa and with this KL Rahul became 2nd Indian captain after Virat Kohli (2018) to lead India to an ODI Series victory in South Africa.

Answer 64

Answer-4) 2022 Explanation: Renowned Hindustani classical singer and music maestro, and Padma awardee, Ustad Rashid Khan passed away in Kolkata, West Bengal.  Ustad Rashid Khan belongs to Rampur-Sahaswan gayaki (style of singing) which is related to the Gwalior gharana. i. Ustad Rashid Khan was awarded the Padma Shri, the fourth highest civilian award, in 2006 and Padma Bhushan, the third highest civilian award in 2022 in the field of arts and received the Sangeet Natak Akademi Award in 2006.

Answer 65

Answer-2) 10th January 2024 Explanation: World Hindi Day or Vishwa Hindi Diwas 2024 was observed across the globe on 10th January 2024 to highlight and educate the importance of the Hindi language and honour the contributions of Hindi speakers across the globe. i. The first-ever World Hindi Day was celebrated on 10 January 2006. Since then, World Hindi Day has been celebrated by the Ministry of External Affairs (MEA), which organises events and activities to promote the language.

Answer 66

Answer:5) Odisha Explanation: The Fisheries and Animal Resources Development (ARD) Department of the Government of Odisha signed a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB) for establishing a Good Manufacturing Practice (GMP) facility. i. The GMP facility is for the production of Anthrax and Enterotoxaemia (ENT) vaccines at the Satellite Unit of Odisha Biological Products Institute (OBPI) in Berhampur. ii. The establishment of a GMP laboratory will adhere to the World Health Organisation (WHO) norms and the Drugs and Cosmetics Act 1940 of India for superior vaccine quality.

Answer 67

Answer-2) 36 hours Explanation: The Directorate General of Civil Aviation (DGCA) has introduced substantial revisions to its Flight Duty Time Limitations (FDTL) Regulations’ to address fatigue among pilots and crew and enhance overall flight safety. Click here to read more  The revised FDTL regulations are effective immediately, and compliance is mandatory by June 1, 2024. i. DGCA has increased the mandatory weekly rest period for flight crew to 48 hours from the previous 36 hours.

Answer 68

Answer-3) Steel Authority of India Limited Explanation: Indian Coast Guard (ICG) and the Steel Authority of India Limited (SAIL) have signed a Memorandum of Understanding (MoU) to enhance the Indigenous Content (IC) in the ship of ICG in New Delhi, Delhi.  As per the MoU, SAIL will supply indigenous marine-grade steel to Indian shipyards, for ICG Ships.

Answer 69

Answer-5) All 1, 2 & 3 Explanation: The Ministry of Environment, Forest and Climate Change (MoEF&CC) has nominated three Indian cities viz. Indore and Bhopal in Madhya Pradesh (MP) and Udaipur in Rajasthan for the Wetland City Accreditation (WCA) scheme under the Ramsar Convention.  These are the 1st three Indian cities to be nominated for WCA. i. The WCA is a voluntary accreditation system established by the Ramsar Convention during the Conference of the Contracting Parties (COP) 12, 2015

Answer 70

Answer-4) Zerodha Fund House Explanation: Zerodha Fund House announced the launch of India’s 1st Growth Liquid Exchange-Traded Fund (ETF) – Zerodha Nifty 1D Rate Liquid ETF, that offers a Growth Net Asset Value (NAV). i. The new scheme follows Nifty 1D Rate Index, which measures the returns generated by market participants lending in the overnight market, as its benchmark and designed to prioritize liquidity while maintaining a relatively low-risk profile. ii. The fund is expected to be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) exchanges by the 24th January 2024.

Answer 71

Answer-2) 2.4% Explanation: On January 9, 2024, the World Bank (WB) released its ‘January, 2024 Global Economic Prospects‘ (GEP) report projecting a third consecutive year of slowdown for global Gross Domestic Product (GDP) growth with a decrease to 2.4% in 2024. It was 2.6% in 2023, 3% in 2022 and 6.2% in 2021. i. The report forecasts 2025 global growth slightly higher at 2.7%, but this was marked down from a June forecast of 3% due to anticipated slowdowns among advanced economies. ii. The WB has kept India’s GDP growth forecast unchanged at 6.3% for FY 2023-24 and 6.4% for FY 2024-25 driven by robust investment and services. It will edge up to 6.5% in FY26.

Answer 72

Answer-3) Indra Mani Pandey Explanation: On 4th January 2024, Ambassador Indra Mani Pandey took charge as the 4th Secretary General (SG) of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). i. With this, Pandey becomes the first Indian to hold the post. He will remain SG for a period of 3 years. ii. He succeeds Tenzin Lekphell of Bhutan, who served as the 3rd SG of BIMSTEC from 6 November 2020 to 5 November 2023.

Answer 73

Answer-2) 10% Explanation: On January 8, 2024, the Board of Directors of Life Insurance Corporation of India (LIC) approved the proposal to acquire up to 10% equity stake in a company promoted by the National Housing Bank (NHB). i. The investment in the NHB promoted company would focus on residential mortgage-backed securities (RMBS).

Answer 74

Answer- 5) 30% Explanation: The Competition Commission of India (CCI) has approved the acquisition of the remaining 30% paid-up share capital in Mumbai (Maharashtra) based Signet Excipients Private Limited (Signet) by Mumbai-based IMCD India Private Limited (IMCD India). i. IMCD India is currently holding 70% paid-up share capital in Signet since 2020; whereas the remaining 30% of the share capital is held by the promoters.

Answer 75

Answer-3) 35th Explanation: The 35th National Road Safety Week was observed across India from 11th to 17th January 2024 to raise awareness about the importance of road safety and highlight the significance of road safety measures to prevent and reduce road accidents and save lives. i. The annual observance is led by the Ministry of Road Transport and Highways (MoRTH) to promote road safety practices. ii. The first-ever National Road Safety Week was observed by the MoRTH in 1989.

Answer 76

Answer-4) Punjab Explanation: Punjab has become the first state in India to map all 784 accident black spots on the mobile application “Mappls”, a navigation system developed by C. E. Info Systems Limited(MapmyIndia). i. Punjab Police collaborated with MapmyIndia for real-time traffic updates and alerts on the Mappls App about Black and Blind spots.  Mappls mobile app will provide voice alerts (in Punjabi language) to the commuters about the upcoming black spots.

Answer 77

Answer-3) 80th Explanation: According to the Henley Passport Index 2024 Global Ranking released by Henley and Partners, Indian passports are ranked 80th by providing visa-free or visas on arrival access to 62 countries. India shares the 80th rank with Uzbekistan. • The top spot is grabbed by 6 countries: France, Germany, Italy, Japan, Singapore, and Spain with citizens enjoying visa-free access to 194 travel destinations. i. The Henley Passport Index ranking is based on data from the International Air Transport Association (IATA), and is evaluated on the basis of the total number of destinations that its holders can travel visa-free. Click here to read more

Answer 78

Answer-5) 2nd Explanation: India has secured a 2nd rank in the MSCI Emerging Markets (EM) index by surpassing Taiwan. The first spot is grabbed by China. • India’s share in MSCI Emerging Markets index saw an increase in over eight years from 7% to 17.1% and is projected to rise further to 20% by early 2024. • Top 5 countries in MSCI EM Index (8 Jan ‘24 ) – China (26.6), India (17.1), Taiwan (15.8), South Korea (12.6), and Brazil (5.7).

Answer 79

Answer-4) Jupiter Wagons Ltd Explanation: Florida(United State of America)- based Dun & Bradstreet (D&B), in collaboration with Jupiter Wagons Ltd., unveiled the Indian Railway Freight Activity (IRFA) Index during the 15th International Railway Equipment Exhibition (IREE 2023) in Pragati Maidan, New Delhi, Delhi from 12th to 14th October 2023. i. The IRFA Index has become a first-of-its-kind tool for monitoring and understanding the intricacies of Indian railway freight activity. ii. The IRFA index for Q3 2023 is at 48, indicating a sub-neutral level of rail freight activity, compared to the same quarter in 2022.Click here to read more

Answer 80

Answer-4) IIT Madras Explanation: The Indian Institute of Technology Madras (IIT-Madras) based in Chennai, Tamil Nadu is set to start a new campus of its Tech university in Kandy, Sri Lanka in 2024. • Dr. Susil Premajayantha, Education minister of Sri Lanka, announced that this proposal was part of the Budget 2024 presented by Sri Lanka President Ranil Wickremasinghe in his capacity as Finance Minister.

Answer 81

Answer-1) State Bank of India Explanation: State Bank of India(SBI) is raising around USD 300 million through medium-term notes to garner resources for lending international customers. • The S&P Global Ratings assigned its ‘BBB-‘ long-term issue rating to the proposed dollar-denominated bonds to be issued by the London branch of SBI. • Fitch Rating has given an expected rating of ‘BBB-(EXP)’ to these senior unsecured notes.

Answer 82

Answer-2) India Post Payments Bank Explanation: India Post Payments Bank (IPPB) and Hindustan Zinc Limited (HZL) have signed a Memorandum of Understanding (MoU) to transform the financial landscape of rural Rajasthan. i. The MoU aims to provide financial inclusion services to the beneficiaries of HZL’s Corporate Social Responsibility (CSR) activities.

Answer 83

Answer-2) Gianni Infantino Explanation: Gianni Infantino, President of the International Federation of Association Football (FIFA), received the Award for International Sports Personality for 2023 at the 12th annual Mohammed Bin Rashid Al Maktoum Creative Sports Awards held in Dubai, the United Arab Emirates (UAE).

Answer 84

Answer-1) Adani Defence and Aerospace Explanation: The Indian Navy received Drishti 10 Starliner (also known as Elbit Hermes 900), the 1st indigenously manufactured Medium Altitude Long Endurance (MALE) Unmanned Aerial Vehicle (UAV), manufactured at the Adani Defence and Aerospace(ADA) facility in Hyderabad, Telangana. i. The drone was unveiled by admiral R Hari Kumar, Chief of Naval Staff (CNS), Indian Navy, in Hyderabad, Telangana. ii. The Drishti 10 drones were produced by Adani Group in partnership with Israel’s Elbit Systems.

Answer 85

Answer-4) Giriraj Singh (Union Minister of Panchayati Raj) Explanation: Union Minister Giriraj Singh, Ministry of Panchayati Raj (MoPR) released a handbook titled “Panchayats Free From Gender-Based Violence (GBV) – A Handbook for Elected Representatives” during the virtual inauguration of the one-day National Workshop on Role of Panchayati Raj Institutions in Addressing Gender-Based Violence (GBV) in New Delhi, Delhi. • The workshop was organized by the MoPR in collaboration with the United Nations Population Fund (UNFPA) India in New Delhi, Delhi.

Answer 86

Answer-2) 12th January 2024 Explanation: National Youth Day/Vivekananda Jayanti 2024 was celebrated across India on 12th January 2024 to commemorate the 161st birth anniversary of Swami Vivekananda, a Hindu spiritual leader, Philosopher, and social reformer in India, who played a crucial role in shaping modern India. i. On National Youth Day 2024, Prime Minister Narendra Modi inaugurated the 27th National Youth Festival (NYF) at Nashik, Maharashtra. The festival will be held from 12th-16th January 2024. ii. The theme of the 27th NYF is “Viksit Bharat by 2047 Yuva ke liye, Yuva ke Dwara” (For the Youth By the Youth) and Shekaru, Indian Giant Squirrel (It is also the State animal of Maharashtra) is the Mascot of NYF 2024.

Answer 87

Answer-2) Year of Technology Absorption Explanation: The Indian Army has officially declared 2024 as the “Year of Technology Absorption“, symbolising a dedicated commitment to integrating cutting-edge technologies, fostering development, and promoting innovation. • The objective is to transform the Indian Army into a modern and agile force, with a strong emphasis on indigenization.

Answer 88

Answer-1) Haldia Petrochemicals Limited Explanation: Haldia Petrochemicals Limited (HPL) has become the first International Organization for Standardization (ISO) / International Electrotechnical Commission (IEC) 27001:2022 certified petrochemical organisation in India. i. The certification was awarded by the United Kingdom (UK) based certification body, British Standards Institution (BSI) in a ceremony held in Kolkata, West Bengal (WB).

Answer 89

Answer-3) Pench Tiger Reserve (Maharashtra) Explanation: The Pench Tiger Reserve (PTR) in Maharashtra has been designated as India’s first Dark Sky Park and Asia’s fifth park for protecting the night sky and preventing light pollution, making the place ideal for astronomy enthusiasts. i. The Dark Sky Place certification focuses on lighting policy, dark sky-friendly retrofits, outreach and education, and monitoring the night sky.

Answer 90

Answer-2) State Bank of India Explanation: The Ministry of Rural Development (MoRD) and State Bank of India (SBI) have signed a Memorandum of Understanding (MoU) to provide loans to rural Self-Help Groups (SHGs). i. SBI launched Svyam Siddha, a specialised financial product developed exclusively for women Self-Help Groups (SHGs) to provide access to financial assistance up to Rs 5 lakh to women entrepreneurs. ii. The Training Toolkit Package was launched to encourage SHG women entrepreneurs to get access to formal financial assistance in the form of loans. Click here to read more

Answer 91

Answer-5) Indian Bank Explanation: Indian Bank in partnership with firms namely FPL Technologies Private Limited, Visa & National Payments Corporation of India (NPCI) has launched the ‘Indian Bank One co-branded credit card’ to offer customised features to Indian consumers. • The metal credit card is powered by Visa and RuPay contactless technology.

Answer 92

Answer-3) State Bank of India Explanation: The State Bank of India (SBI) launched a special Fixed Deposit (FD) scheme named SBI Green Rupee Term Deposit (SGRTD), to mobilise funds for environment-friendly projects and initiatives. i. The SGRTD scheme is open to Resident individuals, Non-individuals, and Non-Resident Indians (NRIs)

Answer 93

Answer-2) 5.2% Explanation: The International Labour Organization (ILO) has released a report titled “World Employment and Social Outlook: Trends 2024”. The report projected a slight increase in the global unemployment rate to 5.2% in 2024 as compared to 5.1% in 2023. i. The report predicted that the number of unemployed individuals will increase by 2 million at global level in 2024.

Answer 94

Answer-1) 4 trillion Explanation: According to a PHD Chamber of Commerce and Industry (PHDCCI) report, India’s Gross domestic product (GDP) is expected to surpass USD 4 trillion in 2024-2025 and reach USD 5 trillion by 2026-2027. • It also projected India’s GDP to reach USD 7 trillion by 2030, as India is committed to attaining the status of a developed economy by 2047 under the initiative of ‘Viksit Bharat’.

Answer 95

Answer-3) Karnataka Explanation: Researchers from the National Centre for Biological Sciences (NCBS) in Bengaluru, Karnataka, have discovered a new butterfly species Cigaritis conjuncta (also known as Conjoined Silverline butterfly) in Bramhagiri Wildlife Sanctuary in Kodagu district (also known as Coorg), Karnataka. i. The new species is named after its most “unique” feature: the “conjoined” bands on its wings.

Answer 96

Answer-2) Assam Explanation: The Chief Minister (CM) of Assam Himanta Biswa Sarma launched a ‘Mukhya Mantri Mahila Udyamita Abhiyan’ scheme to develop 4 million Self-Help-Group (SHG) women as rural micro-entrepreneurs and help them become ‘lakhpati baidos (elder sister)’. • The outlay of the scheme is Rs 4,000 crore and will be offered to SHG members who are committed to personal business plans along with their group activity.

Answer 97

Answer-1) Japan Explanation: The Indian Coast Guard (ICG) and Japan Coast Guard (JCG) conducted a 5-day annual joint exercise, ‘Sahyog Kaijin,’ off the coast of Chennai, Tamil Nadu from 8–12 January 2024. This marks the 20th edition joint exercise between the Japanese and Indian Coast Guards since its institution in 2000. i. The exercise was held as per the Memorandum of Cooperation (MoC) signed between India and Japan in 2006, promoting interactions between the 2 Coast Guard organisations.

Answer 98

Answer-3) 515 crore Explanation: The Ministry of New and Renewable Energy (MNRE) has launched the ‘New Solar Power Scheme’ with an outlay of Rs 515 crore for electrification in habitations and villages of Particularly Vulnerable Tribal Groups (PVTG). i. The scheme was launched under the Pradhan Mantri Janjati Adivasi Nyaya Abhiyan (PM-JANMAN) programme. ii. The scheme launched for the tenure expanding from Financial Year 2023-24 (FY24) to Financial Year 2025-26 (FY26).

Answer 99

Answer- 5) Denmark Explanation: Denmark has launched “Green Fuels Alliance India” (GFAI), an initiative to boost collaborative efforts between India and Denmark in the sustainable energy solutions sector, at the Tamil Nadu Global Investors Meet (GIM) 2024, Chennai, Tamil Nadu. i. The initiative is led by the Danish Embassy and Consulate General of Denmark in India.

Answer 100

Answer-5) All 1, 2 & 3 Explanation: The Reserve Bank of India (RBI) has imposed monetary penalties of about Rs.2.49 crore on three banks namely Dhanlaxmi Bank Limited (Rs.1.20 crores), Punjab & Sind Bank (Rs.1 crore) and ESAF Small Finance Bank Limited (Rs.29.55 Lakh) for contravention of regulatory norms.

Answer 101

Answer-2) 6.2% Explanation: Mumbai (Maharashtra) based UBS Securities India Private Limited has reduced the growth of the Indian economy for the financial year 2024-25 (FY25) to 6.2% from 6.3%. i. India’s Gross domestic product (GDP) is projected to reach USD 3.9 trillion in FY25, up from USD 3.57 trillion in FY24.

Answer 102

Answer-4) Both 1 & 2 Explanation: Droupadi Murmu, President of India, presented the Swachh Survekshan (Cleanliness Survey) Awards 2023 at the ceremony hosted by the Ministry of Housing and Urban Affairs (MoHUA) at Bharat Mandapam, New Delhi, Delhi. i. Surat (Gujarat) and Indore (Madhya Pradesh) were jointly recognised as the cleanest city in India under the category of cities with a population more than 1 lakh. ii. Indore has ranked No 1 in All India Clean city for the 6th Consecutive time. Click Here to read more

Answer 103

Answer- 2) One year Explanation: Appointments Committee of the Cabinet (ACC) headed by Prime Minister (PM) Narendra Modi has approved the reappointment of Michael Debabrata Patra as Deputy Governor of the Reserve Bank of India (RBI) for the second time. i. His tenure was extended by one year with effect from 15th January 2024 or until further orders, whichever is earlier.

Answer 104

Answer-4) Maheshwar Rao Explanation: The Ministry of Housing & Urban Affairs (MoHUA) has appointed Maheshwar Rao IAS as the new Full-time Managing Director (MD) of the Bangalore Metro Rail Corporation Limited (BMRCL).  He will replace Anjum Parwez who has been serving the post since 2021. MoHUA holds a 50 percent equity stake in BMRCL.

Answer 105

Answer-5) Mizoram Explanation: Indian Researchers from Mizoram University have discovered a new species of coral snake called ‘Sinomicrurus Gorei’ in Mizoram. i. The discovery was published in the British science journal, Systematics & Biodiversity (Taylor & Francis Group) with the title ‘Reappraisal of the systematics of two sympatric coral snakes (Reptilia: Elapidae)’.

Answer 106

Answer-2) Chhattisgarh Explanation: The Cabinet of the government of Chhattisgarh headed by Chief Minister (CM) Vishnu Deo Sai has decided to launch a pilgrimage scheme ‘Shri Ramlala Darshan Scheme’ to offer the people of Chhattisgarh Free Pilgrimage Visit to the newly built Ram Temple in Ayodhya, Uttar Pradesh (UP). i. The people of Chhattisgarh natives aged 18 to 75 who are medically fit are eligible under the scheme, facilitated by the Chhattisgarh Tourism Board and the Budget Tourism Department in collaboration with the Indian Railways Catering and Tourism Corporation (IRCTC).

Answer 107

Answer-5) All A, B & C Explanation: On the occasion of 8th National Startup Day 2024 (on January 16, 2024), the results of the 4th edition of ‘States’ Startup Ranking 2022- On support to Startup Ecosystems of States and Union Territories‘ & 4th ‘National Startup Awards (NSA) 2023- Celebrating Achievers Ahead of the Curve‘ were declared by Startup India, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry (MoCI). i. In the State’s Startup Ranking 2022, Gujarat, Karnataka Kerala, and Tamil Nadu (TN) emerged as the best-performing States in Category A (Population above 1 Cr) for developing startup ecosystems for budding entrepreneurs ii. Axial Aero Private Limited in Medak, Telangana won the National Startup Awards 2023 under the AeroInnovate Award category. Click here to read more

Answer 108

Answer- 3) 10 lakh Explanation: On January 13, 2024, Union Minister Rajnath Singh, Ministry of Defence (MoD), approved the proposal to launch Group (Term) Insurance Scheme for Casual Paid Labourers (CPLs) engaged by Border Roads Organisation (BRO)/General Reserve Engineer Force (GREF) for their ongoing projects.  The scheme provides Rs 10 lakh as insurance to CPLs’families/Next of Kin in case of death.

Answer 109

Answer- 5) All 1, 2 & 3 Explanation: Three Indian Navy Ships (INS) namely INS Cheetah, INS Guldar and INS Kumbhir were decommissioned simultaneously during a ceremony conducted at Port Blair, Andaman & Nicobar (A&N). All three ships rendered nearly 40 years of glorious service to India. i. All three ships were built at Gdynia Shipyard, Poland; They belonged to the Polnocny class Landing Ships  The ships were commissioned in 1984 (Cheetah), 1985 (Guldar), and 1986 (Kumbhir).

Answer 110

Answer-2) 24.82 crore Explanation: The National Institution for Transforming India’s (NITI Aayog) discussion paper on the National Multidimensional Poverty Index (MPI), ‘National Multidimensional Poverty: A Progress Review -2023,’ has reduced India’s Multidimensional poverty from 29.17% (2013-14) to 11.28% (2022-23), with about 24.82 crore individuals emerged from poverty during this transformative period (9 years). i. At the State level, Uttar Pradesh leads the list with 5.94 crore people escaping poverty, followed by Bihar at 3.77 crore and Madhya Pradesh at 2.30 crore. Click here to read more

Answer 111

Answer-3) Department of Empowerment of Persons with Disabilities Explanation: The Department of Empowerment of Persons with Disabilities (DEPWD) under the Ministry of Social Justice & Empowerment (MoSJE) and the National Human Resources Development Network (NHRDN) have signed a Memorandum of Understanding (MoU) to provide employment opportunities for Persons with Disabilities (Divyangjans).  The employment opportunities will be offered through PM-DAKSH-DEPWD digital portal of DEPWD by connecting with Human Resources (HR) professionals across India.

Answer 112

Answer-1) Union Bank of India Explanation: DLabs at the Indian School of Business (ISB) in Hyderabad, Telangana launched “Build for Billions”, a startup accelerator program, in collaboration with the Reserve Bank Innovation Hub (RBIH) and Union Bank of India (UBI). i. Startups aiming to improve access, usage, and quality of financial services in the informal economy can apply for the program until January 21, 2024

Answer 113

Answer-3) 1st July 2024 Explanation: On January 12, 2023, the Securities and Exchange Board of India (SEBI) notified that Investors will be allowed to freeze or block their trading account if any suspicious activity is detected.  The framework for the same will be laid down on or before 1st April 2024 and will be implemented from 1st July 2024. i. This information was provided in its exercise of powers conferred under Section 11(1) of SEBI Act, 1992 read with Regulation 30 of SEBI (Stock Brokers) Regulations, 1992, to protect the interests of investors in securities and to promote the development of securities markets.

Answer 114

Answer-4) The Hiriyur Urban Co-operative Bank Explanation: Reserve Bank of India (RBI) cancelled the licence of Karnataka based The Hiriyur Urban Co-operative Bank Limited as the bank does not have adequate capital and earning prospects. i. The bank also does not comply with the provisions of Section 11(1) Sections 22(3)(a), 22 (3)(b), 22(3)(c), 22(3)(d) and 22(3)(e) read with Section 56 of the Banking Regulation Act, 1949.

Answer 115

Answer-4) William Lai Ching-te Explanation: William Lai Ching-te, Vice President of Taiwan won the Taiwan Presidential election with 40.05% of the vote and has been elected as the President of Taiwan for 4 years(till 2028) . i. He will succeed Tsai Ing-Wen, the current and the first female president of Taiwan.

Answer 116

Answer-5) 14th January 2024 Explanation: The 8th Armed Forces Veterans’ Day celebrated across India on 14th January 2024 to honour and recognise the service of Field Marshal Kodandera Madappa Cariappa, the 1st Indian Commander-in-Chief (C-in-C) of the Indian Armed Forces, who retired from the military on 14 January 1953 and led Indian forces to victory in the 1947 war. Click here to read more  During the Armed Forces Veterans’ Day celebrations, ‘SAGAR SAMVAD’, a maiden magazine was also released.  The Indian Air Force and Indian Army also released the ‘VAYU SAMVEDNA’ and ‘SAMMAN’ magazines respectively.

Answer 117

Answer-1) e-SAKSHI Explanation: The Union Minister of State(MoS)(Independent Charge) Rao Inderjit Singh, Ministry of Statistics and Programme Implementation (MoSPI) has launched the MPLADS e-SAKSHI Mobile Application (app) in New Delhi, Delhi. i. The app aims to enhance transparency, accessibility, and efficiency in the execution of Member of Parliament Local Area Development (MPLAD) Scheme-2023.

Answer 118

Answer-4) Ex-Ayutthaya Explanation: The Indian Navy (IN) and Royal Thai Navy (RTN) conducted a maiden bilateral exercise, named ‘Ex-Ayutthaya’ from 20th to 23rd December 2023.  The 36th edition of India-Thailand Coordinated Patrol (Indo-Thai CORPAT) was also conducted along with the Exercise Ayutthaya. i. Indigenously built Indian Naval Ships (INS) Kulish and Indian Navy Landing Craft Utility-56 (IN-LCU 56) participated in the exercise.

Answer 119

Answer-2) 31st January Explanation: The National Highway Authority of India (NHAI) launched the ‘One Vehicle, One FASTag’ initiative to discourage user behavior of using a single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle. Click here to read more.  Only the latest FASTag account shall remain active, as previous tags will be deactivated or blacklisted after January 31, 2024, even though they have a valid balance.  The FASTag users must register the latest FASTag with the completion of ‘Know Your Customer’ (KYC) process as per Reserve Bank of India (RBI) guidelines.

Answer 120

Answer-5) Mumbai-Goa Explanation: Dr. V.K. Saraswat, Member (S&T), NITI (National Institution for Transforming India) Aayog, inaugurated India’s 1st National Highway Steel Slag Road section on National Highway (NH)-66 connecting Mumbai-Goa.  The four lane road stretches for about 1 kilometre on Indapur-Panvel Section of NH-66. i. The road was constructed by Mumbai (Maharashtra) based JSW Steel, under the guidance of New Delhi (Delhi) based Council of Scientific & Industrial Research (CSIR) – Central Road Research Institute (CRRI).

Answer 121

Answer- 3) Argentina Explanation: Khanij Bidesh India Limited (KABIL) signed an agreement with Argentina’s state-owned enterprise Catamarca Minera y Energética Sociedad del Estado (CAMYEN SE) at Catamarca, Argentina to explore and develop 5 lithium brine blocks. i. The agreement is worth about Rs. 200 crores and is the 1st-ever lithium exploration and mining project by a Government of India-owned enterprise.

Answer 122

Answer- 1) Max Life Insurance Explanation: Max Life Insurance Company Limited has introduced the Midcap Momentum Index Fund, a first-of-its kind in the Unit Linked Insurance Plan (ULIP) segment. i. The new fund offering (NFO) aims to invest in a basket of stocks drawn from the constituents of NSE Midcap 150 Momentum 50 index. ii. The NFO will invest in stocks which have witnessed 175% Compound Annual Growth Rate (CAGR) in asset under management (AUM) over the last three financial years (FY20-FY23).

Answer 123

Answer-3) IndusInd Bank Explanation: IndusInd Bank Limited, in collaboration with EazyDiner, has launched the ‘EazyDiner IndusInd Bank Platinum Credit Card,’ offering a unique and enhanced dining experience with no joining fees, making it accessible to all.  This co-branded card comes with a joining bonus of 500 EazyPoints with a complimentary EazyDiner Prime membership for 3 months.

Answer 124

Answer-5) Lionel Messi and Aitana Bonmati Explanation: The Best FIFA (International Federation of Association Football) Football Awards ceremony 2023 was held in London (United Kingdom) on 15th January 2024. Click here to read more Winners of Best FIFA Football Awards 2023: S.No Category Winner 1 Best FIFA Men’s Player 2023 Award Lionel Messi (Argentina) Club – Inter Miami CF 2 Best FIFA Women’s Player 2023 Award Aitana Bonmati (Spain) Club- FC Barcelona Note- This marks Messi’s eighth individual FIFA award, including in 2009, 2010, 2011, 2012, 2015, 2019, 2022, and 2023.

Answer 125

Answer- 2) Praveen Achuthan Kutty Explanation: The Reserve Bank of India (RBI) has approved the appointment of Praveen Achuthan Kutty as the Managing Director (MD) and Chief Executive Officer (CEO) of DCB Bank Limited (formerly known as Development Credit Bank) for 3 years with effect from April 29, 2024. i. He will succeed Murali M Natrajan, the incumbent MD and CEO of DCB bank, whose tenure is set to end on 28th April 2024. He has been holding the post since 2009.

Answer 126

Answer-3) Denmark Explanation: Frederik André Henrik Christian (Frederik X), Crown Prince of Denmark, was proclaimed as the new king of Denmark by its Prime Minister (PM) Mette Frederiksen. i. King Frederik X took the throne after the abdication of his mother Queen Margrethe II at Christiansborg Palace on 14 January 2024.

Answer 127

Answer- 3) 355.25 million Explanation: On January 18, 2024, the Ministry of Agriculture and Farmers’ Welfare (MoA&FW) released the Third Advance Estimate of Area and Production of Various Horticultural Crops for 2022–23. i. As per it, the estimation of total horticulture production for 2022–23 is 355.25 million tonnes, which is about 8.07 million tonnes more (an increase of 2.32%) than 2021–22 (final).

Answer 128

Answer-2) 17th; WeChat Explanation: As per the 18th “Global 500 2024” annual report by Brand Finance, Indian billionaire Mukesh Ambani-led Reliance Jio continues to be India’s top and strongest brand, ranked 17th among the world’s strongest brands in 2024, with a brand strength index (BSI) of 88.9 out of 100.  Globally, WeChat topped the list with a 94.3 BSI followed by YouTube (92.7), and Google (92.5) in the 2nd and 3rd positions respectively in the strongest brands of 2024. i. The other Indian brands featured in the list are Life Insurance Corporation of India (LIC), ranked 23rd followed by the State Bank of India (SBI) ranked 24th. Both held the same BSI of 88.3.

Answer 129

According to the 2024 Military Strength Ranking released by Global Firepower (GFP) in January 2024, India is ranked as the __________ most powerful military in the world, while the United States of America (USA) tops the list. 1) 3rd 2) 6th 3) 5th 4) 2nd 5) 4th

Answer 130

Answer- 2) Indian Overseas Bank Explanation: The Indian Renewable Energy Development Agency Limited (IREDA) and Indian Overseas Bank (IOB) signed a Memorandum of Understanding (MoU) to establish a platform for co-lending and loan syndication for a wide range of renewable energy projects across India.  The MoU encompasses provisions for co-lending and co-origination support for all Renewable Energy projects.

Answer 131

Answer-3) Bank of Baroda Explanation: Bank of Baroda (BoB), one of India’s leading public sector banks launched a special retail short-term deposit scheme named Bob 360 Term Deposit Scheme.  The scheme offers higher interest rates for Domestic Term Deposits to Residents/Non-Resident Ordinary (NRO) and Resident Senior Citizens for 360 days. i. It offers a high rate of interest of up to 7.60% per annum (for 360 days), which includes 0.50% per annum for senior citizens.

Answer 132

Answer-1) DBS Bank India Explanation: On January 18, 2024, DBS Bank India Limited announced collaboration with StartupTN, a nodal agency of Tamil Nadu (TN) Government, to foster entrepreneurship in TN. i. This partnership will engage with over 1,000 early-stage startups in TN through StartupTN’s eight regional hubs in metros. The partnership focuses on startups in Tier 2 and Tier 3 cities.

Answer 133

Answer- 5) Hanif Qureshi Explanation: On January 16, 2024, the Ministry of Heavy Industries (MHI) constituted a committee to examine the demand for including more components in the Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry (PLI–AUTO).  Chairman– Hanif Qureshi, Additional Secretary in MHI  Members– 11 members including representatives from testing agencies like Automotive Research Association of India (ARAI) and the auto industry.

Answer 134

Answer-3) César Bernardo Arévalo de León Explanation: César Bernardo Arévalo de León, an anti-corruption leader, was sworn in as President of Guatemala. i. Bernardo Arévalo succeeded Alejandro Giammattei, a leader of the right-wing party Vamos.

Answer 135

Answer-2) 19th January 2024 Explanation: National Disaster Response Force (NDRF) Raising Day is annually observed across India on 19 January to commemorate the establishment of the NDRF, a distinguished, unique Force across India functioning under the Ministry of Home Affairs. i. The 19th NDRF Raising Day was celebrated on 19th January 2024 at Plenary Hall, Vigyan Bhawan, New Delhi, Delhi.

Answer 136

Answer-4) Goa Explanation: The Government of Goa has launched India’s first regenerative tourism model to redefine tourism by promoting environmental restoration, cultural preservation, and community empowerment.  The model aims to promote 11 spiritual sites under the Ekadasha Teertha campaign. i. The model was launched to mark the 62nd anniversary of the Liberation of Goa (December 19, 2023).

Answer 137

Answer-3) Ayodhya, Uttar Pradesh Explanation: Prime Minister (PM) Narendra Modi has released six special commemorative postage stamps dedicated to the Shri Ram Janmabhoomi temple in Ayodhya(Uttar Pradesh) and also revealed a book with stamps issued by various countries portraying Lord Ram.  The commemorative collection comprises six distinct stamps, including depictions of the Ram Janmabhoomi Temple, Lord Ganesh, Lord Hanuman, Jatayu, Kevatraj, and Ma Shabri. i. The consecration ceremony (Pran Pratishtha) of Ram Janmabhoomi temple in Ayodhya is to be held on 22nd January 2024. Click here to read more

Answer 138

Answer- 1) Republic of Cabo Verde Explanation: The World Health Organization (WHO) has declared the Republic of Cabo Verde (also known as Cabo Verde or Cape Verde) as a Malaria-free country.  With this Cabo Verde became the third country to be certified in the WHO African region to eradicate malaria, following Mauritius in 1973 and Algeria in 2019.

Answer 139

Answer-5) ICICI Prudential Life Insurance Explanation: ICICI Prudential Life Insurance Company Limited launched a retirement annuity plan named the ICICI Pru Guaranteed Pension Plan Flexi with “Benefit Enhancer”, offering policyholders the option to receive a 100% refund of premiums paid at any time after the purchase if they are unable to continue paying premiums.  ICICI Pru Guaranteed Pension Plan Flexi is claiming it to be the industry’s 1st annuity plan.

Answer 140

Answer-4) 5th Explanation: According to the statistics published by the Futures Industry Association (FIA), the National Stock Exchange of India Ltd (NSE) has emerged as the world’s largest derivatives exchange in 2023 in terms of the number of contracts traded. NSE has retained the title for the 5th consecutive year.  As per the statistics maintained by the World Federation of Exchanges (WFE), NSE ranks 3rd in the world in the equity segment by number of trades (electronic order book) in 2023. i. NSE launched the Social Stock Exchange, providing a platform for social enterprises such as Non-Profit Organizations (NPOs), and Funded Philanthropic Enterprises (FPEs).

Answer 141

Answer-3) Unity SFB Explanation: Unity Small Finance Bank Limited (Unity Bank) has collaborated with Uncia Technologies Private Limited for its State-of-the-Art Supply Chain Finance (SCF) Platform ‘Uncia Chain’ to facilitate efficient processing and accurate daily lending transactions. i. Uncia Chain offers a feature-rich product suite that houses all business constructs of the physical supply chain industry, which looks up to its financing needs.

Answer 142

Answer-3) Rajiv Gauba Explanation: The government of India (GoI) has formed a high-level Committee to examine administrative measures aimed at protecting the interests of the most disadvantaged groups within the Scheduled Caste (SC), like Madigas.  The committee was constituted under the direction of Prime Minister (PM) Narendra Modi, with Rajiv Gauba, the Cabinet Secretary as its Chairman.

Answer 143

Answer-1) North Korea Explanation: The North Korean defence ministry’s think tank has tested a nuclear-capable underwater attack drone ‘Haeil-5-23’ (meaning tsunami) in the East Sea, also known as the Sea of Japan.  The underwater drone ‘Haeil-1’ was first tested in March 2023. i. The test was conducted in response to the three-day joint military exercises conducted by the navies of South Korea, the United States of America (USA) and Japan

Answer 144

Answer-3) Himalayan Wolf Explanation: The Himalayan Wolf (Canis lupus; Subspecies: chanco), a crucial lupine predator in the Himalayas, is classified as ‘Vulnerable’ under criteria C2a(ii) on the global International Union for Conservation of Nature (IUCN) Red List. i. This is the 1st time the Himalayan wolf has been assessed by the IUCN and the assessment was done on 27 June 2023.

Answer 145

Answer-2) TATA Group Explanation: The Board of Control for Cricket in India (BCCI) has announced TATA Group as the title sponsor for the Indian Premier League (IPL) from 2024 to 2028, extending their partnership for a 5-year term.  BCCI awards the sponsorship for a value of Rs. 2500 crore. Note- TATA Group is also the title sponsor of the Women’s Premier League, the biggest women’s T20 league in the world.

Answer 146

Answer-5) Arunachal Pradesh Explanation: The 9th edition of the Pakke Paga Hornbill Festival (PPHF) was celebrated at Seijosa in the Pakke-Kessang district of Arunachal Pradesh (AR) from January 18th to 20th, 2024.  It was held under the theme “Domutoh Domutoh, Paga hum Domutoh,” meaning ‘Let Our Hornbills Remain’ in the Nyishi language.

Answer 147

Answer-5) Gujarat Explanation: Kachchhi Kharek or Kutchi dates, the indigenous dates variety of Kutch in Gujarat got a geographical indication (GI) tag from the Chennai (Tamil Nadu) based Geographical Indication Registry under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry.  Kachchhi Kharek has become the second fruit of Gujarat to get a GI tag after Gir Kesar Mango (2011) under the goods of Agriculture.

Answer 148

Answer-2) IIM Ahmedabad Explanation: The Strategy Perspective Planning and Monitoring Committee of the Institute of Chartered Accountants of India (ICAI) in partnership with the Indian Institute of Management (IIM) Ahmedabad (Gujarat) has initiated a task of formulating ICAI Vision 2049.  It aims to make ICAI a globally recognized leader in the field of accountancy.

Answer 149

Answer-2) YES Bank Explanation: YES Bank Limited, has become the first Indian bank to execute an export finance transaction on the International Trade Financing Services Platform (ITFS) of RXIL Global IFSC Limited (RXIL Global), a subsidiary of Receivables Exchange of India Limited (RXIL). i. The collaboration empowers both Indian and global exporters and importers to access competitive financing options like factoring, forfeiting, and other trade finance services through the platform.

Answer 150

Answer-4) 6% Explanation: ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited), predicts that India’s Gross Domestic Product (GDP) growth may have slowed to under 6% in the third quarter (Q3) of FY 2024 (October to December 2023) from 7.6% in the second quarter (Q2) of FY 2024. i. ICRA notes an -8.8% year-on-year (YoY) decline in the government’s capital expenditure (capex) in October-November 2023 (in Q3).

Answer 151

Answer-2) 19 Explanation: The Ministry of Women and Child Development (MoWCD) announced the recipients of the Pradhan Mantri Rashtriya Bal Puraskar (PMRBP) for the year 2024. i. The 2024 awardees include 9 boys and 10 girls (Totally 19 children), from 18 States and Union Territories (UTs) including 2 Aspirational Districts, conferred by President of India Droupadi Murmu. ii. The award is annually presented to children aged 5-18 from India for their exceptional abilities and outstanding achievements in 7 fields – Bravery; Sports; Social Service; Science & Technology; Environment; Arts & Culture; and Innovation. List of Awardees of PMRBP 2024.

Answer 152

Answer- 1) Daljit Singh Chaudhary Explanation: The Appointments Committee of the Cabinet (ACC) has approved the appointment of Indian Police Service (IPS) officer Daljit Singh Chaudhary as the Director General (DG) of Sashastra Seema Bal (SSB) with effect from the date of joining till 30th November 2025(the date of his superannuation). i. He succeeds Rashmi Shukla, who served as the DG of SSB from March 2023 to January 2024.

Answer 153

Answer-4) 3.5% Explanation: The Government of India (GoI) has raised about Rs. 2500 crores through Offer for Sale (OFS) by disinvesting about 3.5% of paid-up share capital in NHPC Limited (erstwhile National Hydroelectric Power Corporation), which is a Mini Ratna Category-I Central Public Sector Enterprises (CPSE) under Ministry of Power(MoP).  The Union Budget for financial year 2023-24 (FY24) had set a disinvestment target of Rs 51,000 crore.

Answer 154

Answer-3) 5th Explanation: On 20th January 2024, Japan Aerospace Exploration Agency (JAXA), the Japanese national air and space agency, successfully landed Smart Lander for Investigating Moon (SLIM) within 330 feet (100 meters) of its target site on the rim of Shioli Crater.  With this Japan became the 5th nation to soft land on the lunar surface after the United States of America (USA), Russia, China, and India. i. The SLIM probe nicknamed “Moon Sniper” was launched onboard the H-IIA Launch Vehicle No. 47 (H-IIA F47) on 7th September 2023 from JAXA Tanegashima Space Center, Kagoshima, Japan.

Answer 155

Answer-2) Iran Explanation: Iran’s Islamic Revolutionary Guard Corps (IRGC) has launched Sorayya satellite using a three-stage solid-fuel Qaem 100 satellite carrier, developed by IRGC Aerospace Force. i. Iran for the very first time launched a satellite to a height of about 750-kilometre (460 miles) above the earth’s surface.

Answer 156

Answer-5) Arup Kumar Dutta Explanation: Union Minister of Home Affairs and Union Minister of Cooperation, Amit Shah, has released the book titled ‘Assam’s Braveheart – Lachit Barphukan’, authored by Arup Kr Dutta. i. It was also translated in 22 Scheduled Indian languages and the book speaks about Lachit Barphukan, a 17th-century Ahom general who fought against the Mughal’s invasion of Assam.

Answer 157

Answer-2) Cuba Explanation: On 19th January 2024, The Ministry of Electronics and Information Technology (MeitY), Government of India, signed an MoU with the Ministry of Communications of the Republic of Cuba, to foster cooperation in the field of sharing successful digital solutions implemented at a population scale for digital transformation. i. The MoU focuses on promoting digital transformation (INDIA STACK) through Capacity Building Programs, Exchange of Best Practices, and other collaborative activities to mutually benefit the digital ecosystems of India and Cuba.

Answer 158

Answer-3) 16 Explanation: On January 19, 2023, the Department of Higher Education under the Ministry of Education (MoE) released the ‘Guidelines for Regulation of Coaching Center 2024’ which prohibits Coaching centres from enrolling students below the age of 16. i. This decision has been taken amid rising student suicides, exorbitant high fees at the study centres and mental pressure. Click here to read more

Answer 159

Answer-5) Kerala Explanation: Union Minister Parshottam Rupala, Ministry of Fisheries, Animal Husbandry and Dairying (MoFAHD) virtually launched the project of depositing artificial reefs in the seabed in Vizhinjam, Thiruvananthapuram, Kerala.  The project aims to increase the income of fishermen by enhancing the fish population in the waters of Kerala. i. The project is implemented under the Pradhan Mantri Matsya Sampada Yojana (PMMSY) of MoFAHD by the Kerala State Coastal Area Development Corporation (KSCADC).

Answer 160

Answer-2) Arun Yogiraj Explanation: On 22nd January 2024, The Prime Minister (PM) Narendra Modi participated in the Pran Pratishtha (consecration /Establishing the Life Force) ceremony of Shri Ramlalla idol in the newly built Shri Ram Janmbhoomi Mandir(temple) in Ayodhya, Uttar Pradesh(UP).  The consecration ceremony was officiated by a team of priests led by Varanasi, UP Priest Lakshmikant Dixit. i. The 51-inch (4.25-ft) Ramlalla Idol placed in the sanctum sanctorum of the temple was sculpted by Mysuru (Karnataka) based Arun Yogiraj. ii. The Ram Janmbhoomi Mandir was designed by celebrated architect Chandrakant B Sompura, 81, and his son Ashish, 51 in the Māru-Gurjara architecture of Nagara style, a type of Hindu temple architecture found primarily in northern India. It is constructed by Larsen and Toubro (L&T). Click here to read more

Answer 161

Answer-4) Himachal Pradesh Explanation: “Exercise Khanjar 2024”, the 11th edition of India-Kyrgyzstan Joint Special Forces Exercise, commenced on 22nd January 2024 at Special Forces Training School in Bakloh, Himachal Pradesh (HP).  The exercise is scheduled to be conducted from 22nd January to 3rd February 2024.

Answer 162

Answer-1) Pradhan Mantri Suryodaya Yojana Explanation: On 22 January 2024, Prime Minister (PM) Narendra Modi launched “Pradhan Mantri Suryodaya Yojana”, a government scheme to provide Rooftop Solar (RTS) power systems to 1 crore households.  The scheme will support India to achieve the target of 40 Gigawatt (GW) rooftop solar capacity. i. Objective: To provide electricity through solar rooftop installations, along with offering additional income for surplus electricity generation.

Answer 163

Answer-3) Mumbai, Maharashtra Explanation: Air India Limited has launched India’s and Air India’s first Airbus A350-900 model aircraft ‘AI 589’.  The flight made its inaugural fly from Kempegowda International Airport, Bengaluru (Karnataka) to Chhatrapati Shivaji Maharaj International Airport, Mumbai (Maharashtra). i. The Airbus A350 was inaugurated by Union Minister of Civil Aviation, Jyotiraditya M. Scindia, in the Wings India 2024 Summit which was held in Begumpet Airport, Hyderabad (Telangana) from 18th to 21st January 2024.

Answer 164

Answer-2) Hong Kong Explanation: India has become the world’s fourth-largest stock market by market capitalization with the combined value of shares listed on Indian exchanges reaching USD 4.33 trillion. India has thereby surpassed Hong Kong whose combined value of shares is USD 4.29 trillion. i. The top three stock markets are the United States of America (USA), China, and Japan respectively.

Answer 165

Answer-3) CoRover.ai Explanation: Bengaluru, Karnataka based CoRover Private Limited (CoRover.ai) launched India’s 1st indigenous Generative AI (GenAI) Large Language Model (LLM) called BharatGPT (Generative Pre-trained Transformers). i. This is the only Indian Indigenous GenAI platform available across channels in 14+ Indian languages, with generative Video, Voice & Text.

Answer 166

Answer-2) 23rd January 2024 Explanation: Parakram Diwas 2024 was observed across India on 23th January 2024 to commemorate the 127th birth anniversary of one of the prominent independence fighters of India, Subhash Chandra Bose, popularly called Netaji. i. During the Parakram Diwas 2024 event, Prime Minister (PM) Narendra Modi launched Bharat Parv, a 9-day event which will be held from 23rd to 31st January 2024, to showcase India’s rich diversity with Republic Day Tableaux and exhibit different cultures. ii. 2024 Subhas Chandra Bose Aapda Prabandhan Puraskar under Institutional category was awarded to 60 Parachute Field Hospital, Uttar Pradesh recognising its excellent work in Disaster Management.

Answer 167

Answer-5) Oil and Natural Gas Corporation Explanation: Oil and Natural Gas Corporation Limited (ONGC) has received the approval from the Ministry of Petroleum and Natural Gas (MoPNG) to establish a wholly-owned subsidiary company for green energy and gas business.  The proposed name of the subsidiary is “ONGC Green Limited” subject to the approval of the Ministry of Corporate Affairs(MoCA).

Answer 168

Answer-4) Faridabad, Haryana Explanation: The 9th edition of India International Science Festival (IISF 2023) was held from 17th to 20th January 2024 at Faridabad, Haryana.  IISF 2023 is held under the central theme – ‘Science and Technology Public Outreach in Amrit Kaal’.  In the category of the Best Technology Pavilion Award, Defence Research & Development Organisation (DRDO), Ministry of Defence stood first. Click here to read more

Answer 169

5) Petronas Group Answer-2) ACME Group Explanation: On January 23, 2024, India’s ACME Group (aka ACME Cleantech Solutions Pvt. Ltd. ) and Japan’s IHI Corporation signed a term sheet agreement to supply 0.4 Million Metric Tonnes Per Annum (MMTPA) of green ammonia from Odisha on a long term basis. i. This agreement is a crucial move in lowering global greenhouse gas emissions, set to offset 54 million tons of Carbon dioxide (CO2) equivalent over its lifecycle.

Answer 170

Answer-1) Exercise Cyclone II Explanation: “Exercise Cyclone II”, the 2nd edition of the India-Egypt Joint Special Forces Exercise, commenced on 22nd January 2024 in Anshas, Egypt.  The exercise is scheduled to be conducted from 22nd January to 1st February 2024.

Answer 171

Answer-4) SBI Life Insurance Explanation: SBI Life Insurance Company Limited (SBI Life) has launched two new products ‘SBI Life – Saral Swadhan Supreme’ and ‘SBI Life – Smart Swadhan Supreme’.  These products cater to the insurance needs of individuals and fulfills their financial commitments.

Answer 172

Answer-5) Shubman Gill and Deepti Sharma Explanation: Shubman Gill won the best men’s international cricketer (Polly Umrigar Award) of 2022-23 in the Board of Control for Cricket in India (BCCI) Awards (Naman Awards) 2024 held in Hyderabad, Telangana.  Deepti Sharma won the best women’s international cricketer of 2022-23. i. BCCI Awards for the past four seasons (2019-20, 2020-21, 2021-22, and 2022-23) were awarded jointly at the 2024 Awards ceremony. Click here to read more

Answer 173

Answer-2) HDFC Bank Explanation: HDFC Bank Limited has sold 2.01% of the paid-up share capital in Chennai (Tamil Nadu) based Computer Age Management Services Limited (CAMS) for all cash consideration of Rs. 252.34 crore.  This reduced the HDFC Bank’s shareholding in CAMS to 3.94% from 5.95% between 25th August 2023 and 23rd January 2024.

Answer 174

Answer-5) Republic of Cameroon Explanation: The Republic of Cameroon, a Central African country, has become the first country in the world to incorporate a malaria vaccine into its routine national immunization program. i. Cameroon uses a RTS,S/AS01(Mosquirix) vaccine, the only vaccine that has demonstrated it can significantly reduce malaria in young children

Answer 175

Answer-2) 8 Explanation: The Indian contingent won 8 medals (1 Gold, 3 Silver, and 4 Bronze) in the Asian Shotgun Championships 2024 held at the Sheikh Sabah Al Ahmad Olympic Shooting Complex in Kuwait City, Kuwait from 12-22 January 2024. i. India ranked fifth in the medal tally with 8 medals while China secured first position with 13 medals (5 Gold, 6 Silver, and 2 Bronze). List of Indian Medal Winners

Answer 176

Answer-3) Learning for Lasting Peace Explanation: The 6th United Nations (UN) International Day of Education (IDE) 2024 was observed across the globe on 24th January 2024 with the theme of “Learning for Lasting Peace” to celebrate the role of education in peace and development.  The 1st ever International Day of Education was celebrated on 24 January 2019. Click here to read more

Answer 177

Answer-5) Both 2 & 3 Explanation: “Exercise Desert Knight”, a Trilateral Air Force Exercise, was conducted between the Indian Air Force (IAF) along with the French Air and Space Force (FASF), France and the United Arab Emirates (UAE) Air Force on 23rd January 2024. The joint exercise was hosted at the Al Dhafra air base in the UAE.  Participants and Aircraft of IAF: Su-30 MKI (Sukhoi), MiG-29, Jaguar, Airborne Warning and Control System (AWACS), C-130-J transport plane, Air to Air Refueller.

Answer 178

Answer-2) Mazagon Dock Shipbuilders Limited Explanation: The Ministry of Defence (MoD) signed a contract worth Rs. 1070 crore with Mazagon Dock Shipbuilders Limited (MDL – functioning under MoD) for the acquisition of 14 Fast Patrol Vessels (FPVs) for the Indian Coast Guard (ICG). i. The contract was made under the Buy Indian-Indigenously Designed, Developed and Manufactured (IDDM) category.  The FPVs are designed, developed and manufactured by MDL Mumbai, Maharashtra.

Answer 179

Answer-5) Bhopal, Madhya Pradesh Explanation: Union Minister of Coal, Mines, and Parliamentary Affairs Pralhad Joshi inaugurated the second State Mining Ministers’ Conference held in Bhopal, Madhya Pradesh on 23rd January 2024. i. Madhya Pradesh bagged the first rank and received the award from the Union minister for recognizing its efforts in the mining auction for the year 2022-23. ii. The Coffee table book ‘Building Trust-Transforming Lives’ showcases the activities of the District Mineral Foundation (DMF) was also released during the conference by the Minister. Click here to read more

Answer 180

Answer-4) Jammu and Kashmir Explanation: The Dagger Division (the then 19th Indian Infantry Division) of the Indian Army opened ‘India Selfie Point’ near the Line of Control (LOC) in Uri in the Baramulla district of Jammu and Kashmir(J&K). i. It is located along National Highway 44 (NH 44), which is the longest national highway in India and connects Srinagar (J&K) to Kanyakumari (Tamil Nadu).

Answer 181

Answer-2) 5 Lakh Explanation: On January 23, 2024, the Securities and Exchange Board of India (SEBI) released the Framework for Offer for Sale (OFS) of Shares to Employees through Stock Exchange Mechanism such as BSE(formerly Bombay Stock Exchange) and NSE(National Stock Exchange of India Ltd).  The notified provisions will come into effect from 30th day(February 22, 2024) of issuance of the circular. i. OFS to employees will be on T+1 day along with the retail category under a new category called as “Employee” ii. The maximum bid amount shall be Rs 5 Lakh. Each employee is eligible for allotment of equity shares up to Rs 2 Lakh.

Answer 182

Answer-1) Karpoori Thakur Explanation: On 24th January 2024, Droupadi Murmu, President of India, awarded the Bharat Ratna, India’s highest civilian award, to Former Bihar Chief Minister (CM) and Socialist Leader Karpoori Thakur (posthumously). i. He becomes the 49th recipient of Bharat Ratna, and the 15th to be accorded posthumously.

Answer 183

Answer-4) M G Motor India Private Limited Explanation: The Competition Commission of India (CCI) has approved the following on 23rd January 2024.  CCI approved the acquisition of around 38% of the paid-up share capital of M G Motor India Private Limited (Target), a wholly-owned subsidiary of Shanghai(China) based SAIC Motor, by JSW Ventures Singapore Pte. Limited(Acquirer).  CCI has approved the merger of Bengaluru (Karnataka) based Fincare Small Finance Bank Limited (Fincare SFB) and Jaipur (Rajasthan) AU Small Finance Bank Limited (AU SFB) with AU being the merged entity. Click here to read more

Answer 184

Answer-1) 5th Explanation: On 24th January 2024, the fifth Ammunition Cum Torpedo Cum Missile (ACTCM) Barge, Yard 129 (LSAM 19) was launched by Commodore V Pravin AWPS (Mumbai, Maharashtra) at M/s Suryadipta Projects Private Limited (SPPL), Thane (Maharashtra). i. The Barge was built by Thane-based Micro, Small & Medium Enterprises (MSME) M/s Suryadipta Projects Private Limited. It was built under relevant Naval Rules and Regulation of Indian Register of Shipping (IRClass).

Answer 185

Answer-2) 25th January 2024 Explanation: The 14th National Voters’ Day (NVD) 2024 was celebrated across India on 25th January 2024 to create electoral awareness amongst citizens and also marks the celebration of 75 years of service of Election Commission of India (ECI).  The theme of NVD 2024 is “Nothing Like Voting, I Vote For Sure”, a continuation of the 2023 theme.

Answer 186

Answer-5) Sustainable Journeys, Timeless Memories Explanation: National Tourism Day 2024 was celebrated across India on 25th January 2024 with the theme of “Sustainable Journeys, Timeless Memories.”  As per the India Brand Equity Foundation’s (IBEF) 2023 report, the tourism sector is projected to contribute USD 250 billion to India’s Gross Domestic Product (GDP) by 2030, generating employment for 137 million individuals.

Answer 187

Answer-2) Canara HSBC Life Insurance Explanation: Canara HSBC Life Insurance Company Limited has launched ‘iSelect Guaranteed Future Plus’, a Non-Linked, Non-Participating, Individual Savings Life Insurance Plan.  The policy offers four different plans namely Endowment Option, Regular Income Option, Early Income Option and Long Term Income with Return of Premium Option.

Answer 188

Answer-5) 1st June 2024 Explanation: On January 25, 2024, the Securities and Exchange Board of India (SEBI) extended the timeline for market rumor verification for the 2nd time. The deadlines were extended to June 1, 2024 from February 1, 2024 for the top 100 companies and to December 31, 2024 from August 1, 2024 for the top 250 companies.  The market rumor verification is under the provision to regulation 30(11) of the LODR Regulations. i. This Circular by SEBI is issued in exercise of the powers conferred under Section 11 of the SEBI Act, 1992 read with Regulation 101 of the LODR (Listing Obligations and Disclosure Requirements) Regulations.

Answer 189

Answer-1) Zomato Payments Private Limited Explanation: New Delhi (Delhi) based Zomato Payments Private Limited (ZPPL) has been granted a certificate of authorisation from the Reserve Bank of India (RBI) to operate as an ‘Online Payment Aggregator(PA)’ with effect from 24th January 2024. Note: California, United States of America (USA) based international financial infrastructure provider Stripe, Inc. also received approval from RBI to act as an online PA with effect from 15th January 2024.

Answer 190

Answer-4) Ajit Mishra Explanation: The City of London Corporation honoured Ajit Mishra, an India-born Lawyer in the United Kingdom (UK) with the “Freedom of the City of London” Award for his contribution to strengthening the business partnership between the City of London and India.  He received the honours at the Chamberlain’s Court at Guildhall, London, UK.

Answer 191

Answer-2) Ravindrasinh Anirudhsinh Jadeja Explanation: VARNI, the premium electronic product brand, has appointed Indian cricketer Ravindrasinh Anirudhsinh Jadeja (Ravindra Jadeja) as its brand ambassador.  VARNI was founded in 2009 by Kishan Mali who is also Managing Director of the company.

Answer 192

Answer-5) 450 to 500 Explanation: Indian Navy (IN), in collaboration with BrahMos Aerospace Private Limited (BAPL), test-fired an extended-range BrahMos supersonic cruise missile (BrahMos ER) on 24th January 2024.  The test-firing was conducted from combat and mission-ready ships. i. The BrahMos ER is developed by BAPL, a joint venture (JV) between Russia’s NPO Mashinostroyeniya (NPO Mash) and India’s Defence Research and Development Organisation (DRDO).  BrahMos ER is an improved variant of the basic BrahMos missile, with a range of around 450 to 500 kilometres, compared to 290 kilometres for the baseline version.

Answer 193

Answer-3) Brisbane Heat Explanation: Brisbane Heat cricket team won Australia’s Big Bash League (BBL) 2023-24 title by defeating Sydney Sixers in the finals held at Sydney Cricket Ground, Sydney (Australia).  This victory marks Brisbane Heat’s second BBL title including their win in 2012-13 and 2023-24 seasons.  The 13th edition of the BBL witnessed the participation of eight teams, held from 7th December 2023 – 24th January 2024.

Answer 194

Answer-1) Italy Explanation: Italian national football team’s all-time leading goalscorer Luigi ‘Gigi’ Riva passed away at the age of 79 in Cagliari, Sardinia (Italy).  He earned the nickname of Rombo di Tuono (Roar of Thunder) for his physical strength, heading ability, and powerful left-footed shot.

Answer 195

Answer- 4) Amit Shah (Union Minister of Home Affairs and Cooperation) Explanation: Union Minister of Home Affairs and Union Minister of Cooperation, Amit Shah launched a book titled, ‘A Promised Nation Hon’ble Shri Narendra Modi- the Maker of New India’ in New Delhi, Delhi. i. The book is written in Braille script to help people with visual impairment to know about the life journey of Narendra Modi, the 14th Prime Minister(PM) of India. ii. The book is published by VRL Logistics Limited (formerly Vijayanand Roadlines Limited).

Answer 196

Answer-5) 26th January 2024 Explanation: International Customs Day (ICD) 2024 was observed across the globe on 26th January 2024 with the theme of ‘Customs Engaging Traditional and New Partners with Purpose.’  26 January 2024 marks the 71st anniversary of WCO, an intergovernmental body dedicated to enhancing customs administrations worldwide.

Answer 197

Answer-2) World Bank Explanation: On 24th January 2024, World Bank launched 7-year USD 100 million principal-protected Plastic Waste Reduction-Linked Bond to support the World Bank’s sustainable development activities globally.  The bond’s focus is on preventing plastic waste leakage into nature and oceans. Citi served as the Lead Manager for this bond.

Answer 198

5) Bharat Heavy Electricals Limited Answer-1) REC Limited Explanation: REC Limited (formerly Rural Electrification Corporation Limited) signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to boost renewable energy and infrastructure financing in India. i. Under this MoU, REC and NIIFL will work together on funding solutions for renewable energy and large-scale infrastructure projects in India.

Answer 199

Answer-5) All A, B & C Explanation: On 25th January, 2024, the Ministry of Home Affairs (MHA) announced the Padma Awards for 2024. Emmanuel Macron, President of France was the chief guest on the 75th Republic Day of India.  Droupadi Murmu, the President of India has approved the conferment of 132 Padma Awards for 2024.  The official list released comprises 5 Padma Vibhushan, 17 Padma Bhushan, and 110 Padma Shri awards, which include 2 duo cases (in a duo case, the award is counted as one).  Among the awardees, there are 30 women and the list also comprises 8 persons from the category of Foreigners/ NRI/ PIO/OCI and 9 Posthumous awardees. Click here to read more

Answer 200

Answer-2) Virat Kohli; 2nd Explanation: The International Cricket Council (ICC) announced the winners of the ICC Awards 2023, India’s Virat Kohli has won the ICC Men’s One Day International (ODI) Cricketer of the Year 2023, and Suryakumar Yadav has won the ICC Men’s Twenty20 International (T20I) Cricketer of the Year 2023 for the second consecutive year after he got it in 2022. List of Winners of ICC Awards 2023.

Answer 201

Answer-3) Bhutan Explanation: Bhutan’s former Prime Minister (PM) Tshering Tobgay, President of People’s Democratic Party (PDP), is set to become PM of Bhutan for the 2nd term. He served as PM for the 1st time from 2013 to 2018.  Tshering Tobgay will succeed Lotay Tshering, who served as the PM of Bhutan from 2018 to 2023.

Answer 202

Answer-2) 9th Explanation: Janata Dal (United) (JD-U) President Nitish Kumar took oath as the Chief Minister (CM) of Bihar for the 9th time after he joined hands with the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) and its partners to form a new government in Bihar.  He was administered the oath of office by Bihar Governor Rajendra Arlekar at Raj Bhavan, Patna (Bihar). Along with him, Samrat Chaudhury, and Vijay Kumar Sinha took oath as Deputy CMs.

Answer 203

Answer-1) HDFC Bank Explanation: Life Insurance Corporation of India (LIC) has got the Reserve Bank of India (RBI)’s approval to raise its stake up to 9.99% in the Housing Development Finance Corporation (HDFC) Bank.  As of January 2024, LIC holds a 5.19% share of HDFC Bank.

Answer 204

Answer-5) 6 Explanation: The Indian Space Research Organisation (ISRO) successfully deployed the 6-metre long magnetometer boom on the Aditya-L1 satellite in Halo orbit at the Lagrange point L-1 on 11th January 2024.  The boom had been in stowed condition(Kept for future use) for 132 days since India’s maiden solar mission Aditya-L 1 launched on September 2, 2023.

Answer 205

Answer-2) Chandigarh Explanation: Sukhbir Singh Gill, the 1st hockey Olympian from Chandigarh, passed away at the age of 48.  He was the 1st hockey player from Chandigarh to represent India at the Sydney 2000 Olympics held in Sydney, Australia, where India finished 7th.

Answer 206

Answer-5) Beat Leprosy Explanation: World Leprosy Day (WLD) is annually observed across the globe on the last Sunday of January to celebrate people who have experienced leprosy, also known as Hansen’s disease. i. The 71st observance of World Leprosy Day 2024 was observed on 28th January 2024 with the theme of “Beat Leprosy.” ii. The Global Appeal 2024 to End Stigma and Discrimination against Persons Affected by Leprosy will be launched at WHO headquarters in Geneva, Switzerland, on January 31, 2024. Click here to read more

Answer 207

Answer-3) 800 crore Explanation: On January 28, 2024, the Prime Minister (PM) of India Narendra Modi inaugurated the Diamond Jubilee (75th Year) celebration of the Supreme Court of India (SCI) at the Supreme Court auditorium in Delhi.  The day marks the 75th anniversary of the inauguration of the Supreme Court of India on 28th January 1950. i. PM Modi launched multiple citizen-centric information and technology initiatives – Digital Supreme Court Reports(SCR), Digital Courts 2.0 and new website of Supreme Court ii. During the event, PM Modi announced that the Government of India has allocated Rs 800 crore for the expansion of the Supreme Court Building Complex. Click here to know more

Answer 208

Answer-4) Both 1 & 2 Explanation: Madhya Pradesh (MP), Rajasthan, and Ministry of Jal Shakti (MoJS), Government of India (GoI) has signed a Memorandum of Understanding (MoU) for implementation of the “Modified PKC-ERCP” (Modified Parbati-Kalisindh-Chambal with Eastern Rajasthan Canal Project) Link Project.  The Modified PKC-ERCP link project proposes to provide drinking and industrial water in 13 districts of eastern Rajasthan, Malwa, and Chambal regions of Madhya Pradesh. Click here to know more

Answer 209

Answer-5) Rajasthan Explanation: The inaugural edition of the India-Saudi Arabia joint military exercise, “SADA TANSEEQ“, started on 29 January 2024 at Mahajan, Rajasthan, and will run until 10 February 2024.  The exercise involves significant participation from both the Royal Saudi Land Forces and the Indian Army.

Answer 210

Answer-3) Only B & C Explanation: The 69th Hyundai Filmfare Awards (Filmfare Awards 2024) was held in Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat from 27th to 28th January 2024.  The Filmfare Awards 2024 were presented in partnership with the Gujarat Tourism, Government of Gujarat. i. Vidhu Vinod Chopra’s directorial venture “12th Fail” won 5 awards at the 69th Filmfare Awards 2024, including Best Film and Best Director. ii. Sandeep Reddy Vanga’s “Animal” movie also won 5 awards including Best Actor In A Leading Role (Male) and Best Music Album. iii. Indian Film Director and Editor David Dhawan was conferred with the Lifetime Achievement Award 2024 for his immense contributions to Indian cinema. Click here to know more

Answer 211

Answer- 5) All A, B & C Explanation: Droupadi Murmu, President of India, presented the Best Electoral Practices Awards 2023 during the event organised by Election Commission of India(ECI) as a part of the 14th National Voters Day (NVD 2023) on 25th January 2024 in New Delhi, Delhi.  A total 16 awards were presented during the event. These include 13 individuals for ECI’s Best Electoral Practices Awards; and 3 Organization for ECI Media Awards. i. Radio Mirchi, Bengaluru, Karnataka won the ECI Media Awards under the Electronic Media (Radio) category. ii. Best Electoral Practices Awards -Election Management category.: Vinit Nandanwar, Collector and District Election Officer (DEO), Dantewada (Chhattisgarh) for Election Management. Click here to know more

Answer 212

Answer-1) Union of Comoros Explanation: Azali Assoumani has been re-elected as the President of the Union of Comoros for a fourth 5 year term.  Azali Assoumani has been serving as the President of Comoros since 1999. This marks his 3rd consecutive term and he will rule until 2029.

Answer 213

Answer-3) Sandhayak class Explanation: On 29th January 2024, the Indian Naval Ship(INS) Nirupak, an indigenously designed and built hydrographic survey ship, was decommissioned at the Naval Dockyard, Visakhapatnam, Andhra Pradesh(AP). · The ship was decommissioned after 38 years of service to the nation. · The ceremony was presided over by Vice Admiral Adhir Arora, Chief Hydrographer to the Government of India. i.INS Nirupak, the 3rd ship of the Sandhayak class, was launched in June 1981 at Garden Reach Shipbuilders & Engineers Ltd(GRSE) in Kolkata, West Bengal(WB). ii.The ship was commissioned into service in August 1985 by Vice Admiral Jayant Ganpat Nadkarni, then Chief of Naval Staff(CNS). iii.INS Nirupak was awarded the Admiral Jal Cursetji Rolling Trophy for best survey ship in 1994, 1995, 2005 and 2009.

Answer 214

Answer-3) Only B & C Explanation: Jannik Sinner (Italy) won the men’s singles title by defeating Daniil Medvedev (Russian – unflagged)in the Australian Open 2024 Finals held at Rod Laver Arena, Melbourne, Australia.  Aryna Sabalenka(Belarus- unflagged) defeated Zheng Qinwen of China to win her second consecutive women’s singles title at the Australian Open, including her win in 2023.  India’s Rohan Machanda Bopanna became the oldest man (at 43 years and 329 days) to win a Grand Slam after he and his partner Matthew Ebden (Australia) won the men’s doubles title at the Australian Open.  Australian Open 2024, the 112th edition of the Australian Open, the 56th in the Open Era, and the first major/Grand Slam of the year 2024 was held from 14-28 January 2024.  The Australian Open is played on hard courts. Click here to know more

Answer 215

Answer-2) 30th January 2024 Explanation: World Health Organisation (WHO)’s World Neglected Tropical Diseases Day (WNTDD) 2024 was observed across the globe on 30th January 2024 with the theme of “Unite. Act. Eliminate” to create better awareness of the devastating impact of Neglected Tropical Diseases (NTDs) on the poorest populations around the world. Click here to know more

Answer 216

Answer-5) 26th January 2024 Explanation: The first-ever United Nations (UN) International Day of Clean Energy was globally observed on 26th January 2024 to create awareness and mobilise action towards a fair and inclusive transition to clean energy for the benefit of people and the planet.  26 January is also the founding date of the International Renewable Energy Agency (IRENA), 26 January 2024 marks the 15th anniversary of IRENA. Click here to know more

JAN - QUIZ - AC Flashcards

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