Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 03rd October 2024. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2024 & other competitive exams can make use of these Current Affairs Quiz.

 

Start Quiz

 

1) According to the Unified Payment Interface (UPI), daily transactions hit 501 million in September 2024, the highest number since UPI went live in 2016. How much money, in crores, was obtained in September 2024?

(a) Rs 68,800 crore

(b) Rs 58,800 crore

(c) Rs 48,800 crore

(d) Rs 78,800 crore

(e) Rs 38,800 crore

2) Which Insurance company, upon learning that the hacker was used the messaging service Telegram to disclose company information, launched a lawsuit against the social media network and the individual responsible?

(a) Bajaj

(b) Star

(c) Niva Bupa

(d) TATA

(e) SBI

3) According to the report, India's current account deficit (CAD) increased to what percentage of GDP in Q1 FY25, totalling $9.8 billion, up from 1% (or $8.9 billion) the previous year?

(a) 1.0%

(b) 1.1%

(c) 1.2%

(d) 1.3%

(e) 1.5%

4) Which section of the IBC, 2016 does the State Bank of India file an insolvency petition against the toll road subsidiary of Reliance Infra?

(a) Section 5

(b) Section 6

(c) Section 4

(d) Section 7

(e) Section 8

5) As a pioneer in cutting-edge financial solutions, IDFC FIRST Bank has announced the introduction of the Ashva Credit Card, its most recent product for the sophisticated, modern consumer. Which kind of card powers the Ashva Credit Card?

(a) Mastercard

(b) Visa

(c) Rupay

(d) American Express

(e) Maestro

6) The Reserve Bank of India has initiated a program to stimulate original study and writing in Hindi on banking, finance, and economics. How many lakhs of rupees are awarded to active or retired professors of Indian institutions through this plan for publishing works on banking, finance, or economics that were originally published in Hindi?

(a) ₹1,25,000

(b) ₹1,20,000

(c) ₹1,50,000

(d) ₹1,00,000

(e) ₹2,00,000

7) Which bank launched its Corporate Credit Card Suite under its New Economy Group (NEG) with a focus on startups?

(a) HDFC bank

(b) ICICI bank

(c) Axis bank

(d) IDBI bank

(e) DBS bank

8) Amitabh Kant recently discussed economic transformation and IBC reforms on September 24. How many days on average does Kant say the National Company Law Tribunal (NCLT) now takes to resolve insolvencies, compared to 654 days the previous year?

(a) 712days

(b) 714days

(c) 716days

(d) 718days

(e) 720days

9) The Prime Minister's Internship Scheme is about to commence, with the goal of training 1 crore (10 million) students at India's top 500 enterprises. Out of the following statements, which one is false?

(a) Candidates aged 21 to 24 years.

(b) Must have completed Class 10 and not be engaged in full-time employment.

(c) Excludes individuals from families with government jobs or annual incomes exceeding Rs 8 lakh.

(d) Internships will last for 12 months, with at least 50% of training taking place in a real work environment.

(e) All the above are correct

10) The government introduced the PM E-DRIVE Scheme to encourage the use of electric cars (EVs) in India. How many crores will be set aside for the PM E-DRIVE program's testing facility upgrades, which will focus on advancing the tools and technologies needed to test electric vehicles?

(a) Rs 780 crore

(b) Rs 880 crore

(c) Rs 680 crore

(d) Rs 580 crore

(e) Rs 980 crore

11) The Union Environment Ministry has formally announced the recasting of its main product labelling program, the Ecomark Rules, 2024. When was the Ecomark program, a voluntary and non-binding effort, launched?

(a) 1990

(b) 1991

(c) 1992

(d) 1993

(e) 1995

12) In the first half of FY 2024–25 (H1FY25), India came in second place among major global markets in terms of performance, only behind which nation?

(a) Japan

(b) China

(c) Hong Kong

(d) Singapore

(e) Switzerland

13) Which state’s Chief Minister hosted a meeting in Delhi with potential investors to present a unique investment incentive package?

(a) Sikkim

(b) Odisha

(c) Gujarat

(d) Rajasthan

(e) Karnataka

14) The Consumer Price Index for Industrial Workers (CPI-IW), which monitors retail inflation for industrial workers, increased slightly to what percentage in August 2024 from 2.15% in July 2024?

(a) 2.44%

(b) 1.44%

(c) 3.44%

(d) 4.44%

(e) 5.44%

15) What percentage of India's net Goods and Services Tax (GST) receipts increased to ₹1.5 trillion in September 2024, the slowest growth rate of the current fiscal year (FY25)?

(a) 3.9%

(b) 3.7%

(c) 3.8%

(d) 3.5%

(e) 3.6%

16) Veteran Bollywood actor Mithun Chakraborty will get the Dadasaheb Phalke Award. Mithun's film career began in which year, with Mrigayaa, directed by Mrinal Sen, which also earned him his first National Award?

(a) 1977

(b) 1975

(c) 1976

(d) 1978

(e) 1979

17) Recently, Ashok Leyland partnered with FlixBus India to transform intercity bus transportation. Flix has quickly gained market leadership in long-distance bus transport and is dedicated to attaining Net Zero operations by which year?

(a) 2030

(b) 2035

(c) 2040

(d) 2045

(e) 2050

18) How many days would the Indian Space Research Organisation's Venus mission take to reach the planet in March 2028?

(a) 110

(b) 111

(c) 112

(d) 115

(e) 120

19) The government chooses three new external members ahead of a key Reserve Bank of India Monetary Policy Committee meeting. According to the RBI Act, how many members does the MPC have?

(a) 5

(b) 4

(c) 6

(d) 7

(e) 8

20) The first female officer to hold the position of Director General of Armed Forces Medical Services (DGAFMS) is Surgeon Vice Admiral Arti Sarin. Before taking on her present position, she was the _________ DGAFMS.

(a) 45th

(b) 44th

(c) 46th

(d) 47th

(e) 48th

Answers :

1) Answer: A

Short Explanation:

Unified Payment Interface (UPI) daily transactions crossed 501 million in September 2024, the highest ever since UPI turned operational in 2016.

It registered a marginal increase of 0.5% in volume to 15.04 billion in September 2024 compared to 14.96 billion in August 2024.

In value terms, Rs 68,800 crore was secured in September 2024.

Detailed Explanation:

Unified Payment Interface (UPI) daily transactions crossed 501 million in September 2024, the highest ever since UPI turned operational in 2016.

It registered a marginal increase of 0.5% in volume to 15.04 billion in September 2024 compared to 14.96 billion in August 2024.

In value terms, Rs 68,800 crore was secured in September 2024.

The number remained almost static at Rs 20.64 trillion in September 2024, compared to Rs 20.61 trillion in August 2024.

The number of daily transactions is higher than 483 million and Rs 66,475 crore in August 2024.

In July, the numbers were seen at 14.44 billion in volume and Rs 20.64 trillion in value.

According to the data shared by the National Payments Corporation of India (NPCI), in September, UPI volume posted a 42% year-on-year growth and 31% year-on-year growth in value.

2) Answer: B

Short Explanation:

Insurer Star Health has filed a lawsuit against social media platform Telegram and a ‘hacker’ after it was discovered that the hacker was using the messaging application to leak company data.

Star has received a temporary injunction from a court in Tamil Nadu ordering Telegram to block any chatbots or websites "that make available the data online".

Detailed Explanation:

Insurer Star Health has filed a lawsuit against social media platform Telegram and a ‘hacker’ after it was discovered that the hacker was using the messaging application to leak company data.

Star has received a temporary injunction from a court in Tamil Nadu ordering Telegram to block any chatbots or websites "that make available the data online".

The hacker, identified as xenZen, allegedly shared the stolen data on Telegram, with millions of individuals' private information reportedly up for sale.

The breach, one of the biggest in Indian history, reportedly involved 7.24 terabytes of data being leaked, including personal information such as names, phone numbers, addresses, tax details, medical records, and identification documents.

Telegram, launched in 2013, has 900 million active monthly users.

3) Answer: B

Short Explanation:

India's current account deficit (CAD) increased to 1.1% of GDP in Q1 FY25, amounting to $9.8 billion, up from 1% (or $8.9 billion) in the same period last year.

CAD occurs when the value of goods and services that a country imports exceeds the value of the products it exports.

The country had recorded a current account surplus of $4.6 billion (0.5 per cent of GDP) in the fourth quarter (Q4) FY24.

Detailed Explanation:

India's current account deficit (CAD) increased to 1.1% of GDP in Q1 FY25, amounting to $9.8 billion, up from 1% (or $8.9 billion) in the same period last year.

CAD occurs when the value of goods and services that a country imports exceeds the value of the products it exports.

The country had recorded a current account surplus of $4.6 billion (0.5 per cent of GDP) in the fourth quarter (Q4) FY24.

Merchandise Trade Deficit:The merchandise trade deficit increased to $65.1 billion in Q1 FY25, compared to $56.7 billion in the year-ago period.

Services Sector:Net services receipts increased to $39.7 billion in Q1 FY25 from $35.1 billion a year ago.

Foreign Portfolio Investment:There was a sharp decline in net foreign portfolio investment, falling to $0.9 billion from $15.7 billion in the same period last year.

External Commercial Borrowings (ECBs):Net inflows under ECBs decreased to $1.8 billion, down from $5.6 billion in Q1 FY24.

4) Answer: D

Short Explanation:

State Bank of India (SBI) has filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against KM Toll Road Private Limited (KMTRPL), a wholly owned subsidiary of Reliance Infrastructure, before the National Company Law Tribunal, Mumbai, for a claim amount of ₹233.44 crore (including interest).

Detailed Explanation:

State Bank of India (SBI) has filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against KM Toll Road Private Limited (KMTRPL), a wholly owned subsidiary of Reliance Infrastructure, before the National Company Law Tribunal, Mumbai, for a claim amount of ₹233.44 crore (including interest).

Section 7 of IBC:This section allows financial creditors to initiate the Corporate Insolvency Resolution Process (CIRP) when a default occurs.

Creditors may file the application individually or jointly before the National Company Law Tribunal (NCLT).

KMTRPL Background:KMTRPL is a subsidiary of Reliance Infrastructure and one of 60 subsidiary and associate companies.

5) Answer: B

Short Explanation:

IDFC FIRST Bank, a leader in innovative financial solutions, has announced the launch of the Ashva Credit Card, its newest offering for the modern, discerning customer.

The Ashva Credit Card, powered by Visa, is a celebration of the spirit and aspiration of the new India.

Detailed Explanation:

IDFC FIRST Bank, a leader in innovative financial solutions, has announced the launch of the Ashva Credit Card, its newest offering for the modern, discerning customer.

The Ashva Credit Card, powered by Visa, is a celebration of the spirit and aspiration of the new India.

Deeply rooted in its rich cultural heritage the Card represents a perfect amalgamation of the beauty of Indian heritage and the sophistication of contemporary lifestyles.

6) Answer: A

Short Explanation:

The Reserve Bank of India (RBI) has initiated a scheme to promote original writings and research in Hindi on economics, banking, and financial subjects.

Awards:Under this Scheme, working/retired Professors (Including Assistant and Associate Professor etc.) of Indian Universities (UGC recognized) are awarded three prizes of ₹1,25,000.00 (One lakh twenty-five thousand) each for writing books originally in Hindi on Economics/Banking/Financial subjects.

Detailed Explanation:

The Reserve Bank of India (RBI) has initiated a scheme to promote original writings and research in Hindi on economics, banking, and financial subjects.

The primary objective of the scheme is to encourage and enrich Hindi literature in the fields of economics and banking, thereby promoting regional languages in academic discourse.

Awards:Under this Scheme, working/retired Professors (Including Assistant and Associate Professor etc.) of Indian Universities (UGC recognized) are awarded three prizes of ₹1,25,000.00 (One lakh twenty-five thousand) each for writing books originally in Hindi on Economics/Banking/Financial subjects.

Book Evaluation:The entries received for the scheme will be evaluated to select the winners.

7) Answer: C

Short Explanation:

Axis Bank introduced a Corporate Credit Card Suite specifically designed for start-ups under its New Economy Group (NEG).

Partnership with TEAM:Axis Bank partnered with the Tech Entrepreneurs Association of Mumbai (TEAM) to further support Mumbai's start-up ecosystem.

Detailed Explanation:

Axis Bank introduced a Corporate Credit Card Suite specifically designed for start-ups under its New Economy Group (NEG).

Purpose:The credit card suite aims to streamline travel, official expenses, and vendor payments for entrepreneurs and start-ups.

Card Variants:The suite includes two credit cards:

Executive Corporate Credit Card: Tailored for founders with benefits like enhanced credit limits, 4 complimentary golf rounds, reduced foreign exchange markup, and exclusive insurance perks.

Purchase Reward Credit Card: Focused on expense management with features like zero joining fees, automated accounting, and expense tracking.

Partnership with TEAM:Axis Bank partnered with the Tech Entrepreneurs Association of Mumbai (TEAM) to further support Mumbai's start-up ecosystem.

8) Answer: C

Short Explanation:

Amitabh Kant, former NITI Aayog CEO and India's G20 Sherpa, highlighted the transformative impact of the Insolvency and Bankruptcy Code (IBC) on India's economy during the 8th Annual Day Lecture of the Insolvency and Bankruptcy Board of India (IBBI) in New Delhi.

Kant noted that insolvency resolution at the National Company Law Tribunal (NCLT) now takes an average of 716 days, up from 654 days in the previous year.

Detailed Explanation:

Amitabh Kant, former NITI Aayog CEO and India's G20 Sherpa, highlighted the transformative impact of the Insolvency and Bankruptcy Code (IBC) on India's economy during the 8th Annual Day Lecture of the Insolvency and Bankruptcy Board of India (IBBI) in New Delhi.

Kant emphasized the need for second-generation reforms to address current challenges in the IBC’s functioning.

Kant noted that insolvency resolution at the National Company Law Tribunal (NCLT) now takes an average of 716 days, up from 654 days in the previous year.

The rate of creditor recovery has dropped to 27% in FY24, compared to 36% in the previous year, highlighting the need for faster resolutions.

Kant called for privatization of certain court processes, similar to the passport Seva Kendra model, to improve court management and reduce judicial delays.

Chief Economic Advisor (CEA) V Anantha Nageswaran highlighted that operational inefficiencies and legal costs pose significant challenges for MSMEs in insolvency processes.

9) Answer: E

Short Explanation:

The Prime Minister's Internship Scheme, designed to skill 1 crore (10 million) youth at the top 500 companies in India, is set to launch soon.

Companies can start posting their internship requirements online from October 3, with the dedicated portal opening for candidates around October 12.

Candidates will register using an Aadhaar-based e-KYC process and submit a self-declaration of eligibility.

Detailed Explanation:

The Prime Minister's Internship Scheme, designed to skill 1 crore (10 million) youth at the top 500 companies in India, is set to launch soon.

Companies can start posting their internship requirements online from October 3, with the dedicated portal opening for candidates around October 12.

Corporate India has expressed significant interest in the scheme, with eligibility based on average corporate social responsibility (CSR) spending over the last three years.

Eligibility criteria include:

Candidates aged 21 to 24 years.

Must have completed Class 10 and not be engaged in full-time employment.

Excludes individuals from families with government jobs or annual incomes exceeding Rs 8 lakh.

Candidates will register using an Aadhaar-based e-KYC process and submit a self-declaration of eligibility.

The portal will automatically shortlist twice the number of vacancies available for each position based on profiles, preferences, and eligibility.

Internships will last for 12 months, with at least 50% of training taking place in a real work environment.

10) Answer: A

Short Explanation:

The government launched the PM E-DRIVE Scheme, aimed at promoting the adoption of electric vehicles (EVs) in India.

The initiative comes with an outlay of Rs 10,900 crore, focusing on setting up charging infrastructure and developing the EV manufacturing ecosystem in the country.

An allocation of Rs 780 crore will be used for upgrading testing facilities under the PM E-DRIVE scheme, aimed at improving equipment and technology for testing electric vehicles.

Detailed Explanation:

The government launched the PM E-DRIVE Scheme, aimed at promoting the adoption of electric vehicles (EVs) in India.

The initiative comes with an outlay of Rs 10,900 crore, focusing on setting up charging infrastructure and developing the EV manufacturing ecosystem in the country.

The scheme will run until March 31, 2026.

The Electric Mobility Promotion Scheme (EMPS-2024), which was to be implemented from April 1, 2024 to September 30, 2024, is now subsumed under the PM E-DRIVE scheme.

The subsidy for electric two-wheelers (e-2Ws) is fixed at Rs 5,000 per kilowatt-hour of battery power, with a maximum incentive of Rs 10,000 in the first year.

A mobile application will be introduced to facilitate the generation of e-vouchers for availing subsidies.

Each buyer will be eligible for one vehicle per Aadhaar.

An allocation of Rs 780 crore will be used for upgrading testing facilities under the PM E-DRIVE scheme, aimed at improving equipment and technology for testing electric vehicles.

11) Answer: B

Short Explanation:

The Union Environment Ministry has officially notified the Ecomark Rules, 2024, recasting its flagship scheme for labelling eco-friendly products.

Background: Launched in 1991, the Ecomark scheme is a voluntary and non-binding initiative aimed at promoting the labelling of household and consumer products based on environmental and quality standards.

Detailed Explanation:

The Union Environment Ministry has officially notified the Ecomark Rules, 2024, recasting its flagship scheme for labelling eco-friendly products.

Background: Launched in 1991, the Ecomark scheme is a voluntary and non-binding initiative aimed at promoting the labelling of household and consumer products based on environmental and quality standards.

Alignment with Mission LIFE: The new rules align with the Ministry's Mission LIFE (Lifestyle for Environment), which emphasizes sustainable consumption and eco-friendly practices.

The rules define the conditions, procedures, verification processes, and compliance mechanisms for obtaining the Ecomark.

Detailed criteria have been established for 17 product categories, including:

Paints

Cosmetics

Batteries

Edible oils

Tea and coffee

Toilet soaps

Coir and paper

12) Answer: C

Short Explanation:

India emerged as the second-best performing major global market during the first half of FY 2024-25 (H1FY25), closely following Hong Kong.

India, Singapore, the US, and Chinaranked in the top five best-performing global markets.

Detailed Explanation:

India emerged as the second-best performing major global market during the first half of FY 2024-25 (H1FY25), closely following Hong Kong.

Despite a 17.5% surge in the Hang Seng index in September, India showed consistent growth across the first half, cementing its position as a leading global market.

Top Performing Global Markets:

Hong Kong led with a late rally in September.

India, Singapore, the US, and Chinaranked in the top five best-performing global markets.

Nifty 50 experienced monthly growth in H1FY25, except for a marginal loss in May.

13) Answer: D

Short Explanation:

Rajasthan Chief Minister Bhajan Lal Sharma met with prospective investors in Delhi to promote a special incentive package for investments in Rajasthan.

The Chief Minister addressed a conclave of the Central Public Sector Enterprises (CPSE) and a meeting of the Confederation of Indian Industry (CII) in New Delhi.

Detailed Explanation:

Rajasthan Chief Minister Bhajan Lal Sharma met with prospective investors in Delhi to promote a special incentive package for investments in Rajasthan.

The Chief Minister addressed a conclave of the Central Public Sector Enterprises (CPSE) and a meeting of the Confederation of Indian Industry (CII) in New Delhi.

The meetings were held ahead of the ‘Rising Rajasthan’ Global Investment Summit-2024, scheduled for December 9 to 11 in Jaipur, Rajasthan.

Sectors for Investment: Key sectors identified for investment include:

Renewable Energy

Defence Manufacturing

Petrochemicals

Tourism

Commitment to Investment:The Chief Minister asserted the state government's commitment to making Rajasthan the “capital of investment.”

14) Answer: A

Short Explanation:

Retail inflation for industrial workers, measured by the Consumer Price Index for Industrial Workers (CPI-IW), increased slightly to 2.44% in August 2024, up from 2.15% in July 2024.

Detailed Explanation:

Retail inflation for industrial workers, measured by the Consumer Price Index for Industrial Workers (CPI-IW), increased slightly to 2.44% in August 2024, up from 2.15% in July 2024.

The marginal uptick reflects a mild rise in price levels for industrial workers.

CPI-IW Index Value:

The All-India CPI-IW for August 2024 decreased by 0.1 points, bringing the index to 142.6 points.

In contrast, the index stood at 142.7 in July 2024.

Year-on-Year Comparison:

The annual inflation for August 2024 was significantly lower at 2.44% compared to 6.91% in August 2023, indicating a substantial decline in inflationary pressure over the past year.

Data Source & Compilation:

The Labour Bureau, under the Ministry of Labour & Employment, compiles the CPI-IW every month.

15) Answer: A

Short Explanation:

India's net Goods and Services Tax (GST) collections for September 2024 rose by 3.9% to ₹1.5 trillion, marking the slowest pace of growth in the current financial year (FY25).

Gross GST collections (before refunds) grew by 6.5%, reaching ₹1.7 trillion.

This was the second consecutive month of single-digit growth, and the slowest increase in 39 months.

Detailed Explanation:

India's net Goods and Services Tax (GST) collections for September 2024 rose by 3.9% to ₹1.5 trillion, marking the slowest pace of growth in the current financial year (FY25).

Gross GST collections (before refunds) grew by 6.5%, reaching ₹1.7 trillion.

This was the second consecutive month of single-digit growth, and the slowest increase in 39 months.

From April to September 2024, gross GST collections saw 9.5% growth, a slight decline from the 10.1% recorded in the previous months (April-August).

The average monthly GST collections fell to ₹1.77 trillion in the second quarter (July-September), down from ₹1.86 trillion in the first quarter (April-June).

States like Haryana (24%), Delhi (20%), and Uttarakhand (14%) showed double-digit growth in collections.

16) Answer: C

Short Explanation:

Veteran Bollywood actor Mithun Chakraborty, aged 74, has been announced as the recipient of the prestigious Dadasaheb Phalke Award for his significant contributions to Indian cinema.

Mithun Chakraborty will receive the award at the 70th National Film Awards ceremony, scheduled for October 8, 2024.

Mithun started his film career with the 1976 film Mrigayaa, directed by Mrinal Sen, which also earned him his first National Award.

Detailed Explanation:

Veteran Bollywood actor Mithun Chakraborty, aged 74, has been announced as the recipient of the prestigious Dadasaheb Phalke Award for his significant contributions to Indian cinema.

Mithun Chakraborty will receive the award at the 70th National Film Awards ceremony, scheduled for October 8, 2024.

Mithun started his film career with the 1976 film Mrigayaa, directed by Mrinal Sen, which also earned him his first National Award.

He gained fame in the 1980s with notable films such as Surakshaa (1979), Disco Dancer, Dance Dance, Pyar Jhukta Nahin, Kasam Paida Karne Wale Ki, and Commando.

He set a record by leading in over 100 films within a decade.

17) Answer: E

Short Explanation:

Ashok Leyland, a leading commercial vehicle manufacturer and flagship of the Hinduja Group, has signed a Memorandum of Understanding (MoU) with FlixBus India, a global travel-tech leader focused on affordable and sustainable travel.

Established in 2013, Flix has rapidly achieved market-leading positions in long-distance bus travel and is committed to achieving Net Zero operations by 2050.

Detailed Explanation:

Ashok Leyland, a leading commercial vehicle manufacturer and flagship of the Hinduja Group, has signed a Memorandum of Understanding (MoU) with FlixBus India, a global travel-tech leader focused on affordable and sustainable travel.

Since its launch, FlixBus India has served over 300,000 passengers and witnessed a sixfold increase in revenue during its first six months.

About Ashok Leyland:

Ashok Leyland is the second-largest manufacturer of commercial vehicles in India and the fourth largest manufacturer of buses globally, headquartered in Chennai.

Ashok Leyland has a robust service network with 52,863 touchpoints, ensuring quick responses to customer needs.

About Flix:

Established in 2013, Flix has rapidly achieved market-leading positions in long-distance bus travel and is committed to achieving Net Zero operations by 2050.

18) Answer: C

Short Explanation:

India’s maiden mission to Venus, which is scheduled for launch in March 2028, will embark on a 112-day journey to reach the planet.

The ₹1,236-crore Venus Orbiter Mission (VOM) was recently approved by the Union Cabinet and the Indian Space Research Organisation (ISRO) on October 1, 2024 revealed the targeted launch window for the mission.

According to the targeted launch window for VOM, the Earth departure date is scheduled on March 29, 2028, and the arrival date on Venus is July 19, 2028. VOM will be launched by the Launch Vehicle Mark-3 (LVM-3).

Detailed Explanation:

India’s maiden mission to Venus, which is scheduled for launch in March 2028, will embark on a 112-day journey to reach the planet.

The ₹1,236-crore Venus Orbiter Mission (VOM) was recently approved by the Union Cabinet and the Indian Space Research Organisation (ISRO) on October 1, 2024 revealed the targeted launch window for the mission.

According to the targeted launch window for VOM, the Earth departure date is scheduled on March 29, 2028, and the arrival date on Venus is July 19, 2028. VOM will be launched by the Launch Vehicle Mark-3 (LVM-3).

Launch Vehicle Details:LVM-3 will place the spacecraft into an Elliptical Parking Orbit (EPO) of 170 km x 36,000 km with a 21.5-degree inclination and an Argument of Perigee (AOP) of 178 degrees.

It requires minimum energy for placing the spacecraft into an elliptical orbit of 500 x 60,000 km around Venus.

Mission Phases:Following the cruise phase, the spacecraft will perform a Venus Orbit Injection (VOI) into an orbit of 500 km x 60,000 km.

A total of 19 payloads will be onboard

19) Answer: C

Short Explanation:

The government appointed three new external members to the Monetary Policy Committee (MPC):

Prof. Ram Singh, Director of the Delhi School of Economics

Saugata Bhattacharya, Economist

Dr. Nagesh Kumar, Director and Chief Executive of the Institute for Studies in Industrial Development

As per the provisions of the RBI Act, the MPC consists of six members: three members from RBI and three appointed by the central government.

Detailed Explanation:

The government appointed three new external members to the Monetary Policy Committee (MPC):

Prof. Ram Singh, Director of the Delhi School of Economics

Saugata Bhattacharya, Economist

Dr. Nagesh Kumar, Director and Chief Executive of the Institute for Studies in Industrial Development

The newly appointed members will serve a tenure of four years.

The new members replace:

Ashima Goyal (Mumbai Professor)

Jayanth Varma (IIM-Ahmedabad Professor)

Shashanka Bhide (Senior Adviser, New Delhi)

The government has notified the reconstitution of the MPC under the Reserve Bank of India Act, 1934.

As per the provisions of the RBI Act, the MPC consists of six members: three members from RBI and three appointed by the central government.

As per the powers conferred by Section 45ZB of the RBI Act, the government has reconstituted the Monetary Policy Committee of RBI.

20) Answer: C

Short Explanation:

Surgeon Vice Admiral Arti Sarin has become the first woman officer to take over as the Director General of Armed Forces Medical Services (DGAFMS).

Prior to her current role, she served as the 46th DGAFMS, and held prestigious positions including:

Director General of Medical Services (Navy)

Director General of Medical Services (Air)

Director & Commandant of Armed Forces Medical College (AFMC), Pune.

Detailed Explanation:

Surgeon Vice Admiral Arti Sarin has become the first woman officer to take over as the Director General of Armed Forces Medical Services (DGAFMS).

Prior to her current role, she served as the 46th DGAFMS, and held prestigious positions including:

Director General of Medical Services (Navy)

Director General of Medical Services (Air)

Director & Commandant of Armed Forces Medical College (AFMC), Pune.

Experience:She has a distinguished career spanning 38 years in various academic and administrative roles, including:

Professor & Head of Radiation Oncology at Army Hospital (R&R) and Command Hospital (Southern Command)/AFMC Pune.

Commanding Officer of INHS Asvini.

Command Medical Officer for Southern and Western Naval Commands.

Inter-Branch Service: She holds the unique distinction of serving in all three branches of the Indian Armed Forces:

Indian Army: From Lieutenant to Captain

Indian Navy: From Surgeon Lieutenant to Surgeon Vice Admiral

Indian Air Force: Achieved the rank of Air Marshal.