Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 05th 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.

 

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1) Recently (oct 2024),which company has partnered with Google to offer loans backed by gold via its GPay mobile payments service?

(a) Muthoot Finance

(b) Shriram finance

(c) Capital finance

(d) Bajaj finance

(e) Aditya Birla finance

2) Recently,  The first half of the current financial year(2024) saw a decrease in PMMY loan disbursals for the first time since COVID-19, reaching ₹1,86,284 crore. When was the PMMY first released?

(a) 2017

(b) 2018

(c) 2014

(d) 2015

(e) 2016

3) Which bank made the proposal to Bank Dhofar to purchase its operations in Oman as part of the rationalization of overseas operations?

(a) Bank of India

(b) State bank of India

(c) Bank of Baroda

(d) Indian bank

(e) Federal bank

4) According to Oct’24, Which state will benefit from a USD 162 million loan issued by the Asian Development Bank (ADB) for tourist development?

(a) Andhra Pradesh

(b) Odisha

(c) Bihar

(d) Himachal Pradesh

(e) Jharkhand

5) Under the All Citizen model and Corporate NPS, which sector has introduced the Balanced Life Cycle Fund (BLC) as an extra life cycle fund option for subscribers in the private sector?

(a) GoI

(b) PFDRA

(c) NPCI

(d) IRDAI

(e) RBI

6) As per the Securities and Exchange Board of India, it imposed a ₹12 lakh penalty on NSE Data & Analytics for regulatory violations. NSE Data & Analytics has been asked to pay the penalty within how many days?

(a) 25 days

(b) 15 days

(c) 30 days

(d) 45 days

(e) 60 days

7) Which state is the location of the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan (DAJGUA) launch by Prime Minister Shri Narendra Modi on the anniversary of Mahatma Gandhi's birth?

(a) Andhra Pradesh

(b) Odisha

(c) Telangana

(d) Himachal Pradesh

(e) Jharkhand

8) The announcement of "Jamaica Marg" strengthened ties between Jamaica and India. How long has the Indian community existed in Jamaica?

(a) 150years

(b) 120years

(c) 180years

(d) 100years

(e) 160years

9) Which Khelo India Scheme iteration meeting of the General Council (GC) was presided over by Dr. Mansukh Mandaviya, Union Minister of Labor & Employment and Youth Affairs & Sports, took held in New Delhi?

(a) 3rd

(b) 4th

(c) 5th

(d) 2nd

(e) 6th

10) The "Cruise Bharat Mission" was started by Union Minister for Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, with the goal of doubling cruise calls and passenger counts in five years. In what number of phases will the Cruise India Mission be implemented?

(a) 2

(b) 3

(c) 6

(d) 5

(e) 4

11) The designation of Marathi, Pali, Prakrit, Assamese, and Bengali as Classical Languages has been approved by the Union Cabinet, which is led by Prime Minister Shri Narendra Modi.Which language was designated as a Classical Language on October 12, 2004, when the Government of India officially announced the existence of this category?

(a) Hindi

(b) Tamil

(c) Malayalam

(d) Sanskrit

(e) Kannada

12) A proposal by the Department of Agriculture & Farmers Welfare (DA&FW) to streamline all Centrally Sponsored Schemes (CSS) within the Ministry of Agriculture and Farmers under how many umbrella schemes has been accepted by the Union Cabinet, which is led by Prime Minister Shri Narendra Modi?

(a) 1

(b) 2

(c) 3

(d) 4

(e) 5

13) Which Indian state was the first to launch a Women Entrepreneurship Platform (WEP) chapter under NITI Aayog?

(a) Andhra Pradesh

(b) Odisha

(c) Telangana

(d) Himachal Pradesh

(e) Jharkhand

14) How many nations were rated in the extensive research on Sovereign Ratings of Global Economies released by CareEdge?

(a) 35

(b) 32

(c) 37

(d) 39

(e) 31

15) Recently, the Claudia Sheinbaum was sworn in as Mexico's _________ president and the first woman to occupy the role.

(a) 64th

(b) 65th

(c) 66th

(d) 67th

(e) 68th

16) Recently, the Air Marshal SP Dharkar has taken over as the Vice Chief of the Air Staff. Whom did he succeed?

(a) Marshal Amar Preet Singh

(b) Rakesh Kumar Singh

(c) Vivek Ram

(d) Arjan Singh

(e) R. Hari Kumar

17) The Goods and Services Tax Council constitutes a 10-member GoM, led by MoS Finance Pankaj Chaudhary. Under the present GST framework, a compensatory cess is paid on luxury, sin, and demerit items at varying percentages in addition to the regular what percent tax rate?

(a) 28%

(b) 18%

(c) 12%

(d) 5%

(e) 20%

18) Which edition of India's largest air show, Aero India, will take place from February 10 to 14, 2025, at Yelahanka Air Force Station in Bengaluru, Karnataka?

(a) 12th

(b) 15th

(c) 10th

(d) 18th

(e) 16th

19) Recently, the Commodore Ajay Yadav, the Naval Officer-in-Charge (West Bengal), launched the third ______________ Bollard Pull (BP) Tug, Ashva (Yard 337), at M/s Titagarh Rail Systems Limited, Kolkata.

(a) 25T

(b) 23T

(c) 24T

(d) 27T

(e) 28T

20) Which nation hosted the 17th meeting of the India-Germany Military Cooperation Sub Group (MCSG) on October 1-2, 2024?

(a) Germany

(b) Singapore

(c) Srilanka

(d) China

(e) USA

21) The Competition Commission of India (CCI) authorized the acquisition of what % shares in Bharat Serums and Vaccines Limited (BSV) by Mankind Pharma Ltd (Mankind)?

(a) 90%

(b) 100%

(c) 75%

(d) 51%

(e) 49%

22) Which company has inked an initial Memorandum of Understanding (MoU) with the Mumbai Port Authority (MbPA) and the Mumbai Port Sustainability Foundation (MPSF) to create a green fuel ecosystem at the Mumbai Port?

(a) HPCL

(b) BPCL

(c) IOCL

(d) OIL

(e) ONGC

23) The trilateral agreement between India, Nepal, and Bangladesh allows for the export of how many megawatts of energy from Nepal to Bangladesh via India's power grid?

(a) 20mw

(b) 30mw

(c) 40mw

(d) 50mw

(e) 60mw

24) Recently, the Google and Clean Max Enviro Energy Solutions (CleanMax) have launched a strategic cooperation aimed at establishing a hybrid renewable energy plant in India with a capacity of _______________ MW.

(a) 125.4 MW

(b) 124.4 MW

(c) 126.4 MW

(d) 128.4 MW

(e) 129.4 MW

25) The Indian U-17 football team secured the SAFF Men’s U-17 Championship 2024 by defeating Bangladesh in the final match. Which country hosted the tournement?

(a) Myanmmar

(b) Bangladesh

(c) Bhutan

(d) Srilanka

(e) Nepal

26) Where was the headquarters of South Asian Football Federation (SAFF)?

(a) Mexico

(b) Bangladesh

(c) Germany

(d) Srilanka

(e) Switzerland

27) The United Nations General Assembly designated World Space Week to be commemorated annually from October 4 to when?

(a) October 7

(b) October 8

(c) October 9

(d) October 10

(e) October 11

28) In which year did UNESCO establish World Teachers Day?

(a) 1991

(b) 1992

(c) 1993

(d) 1994

(e) 1995

29) What was the theme of World Space Week 2024?

(a) Women in Space

(b) Space & Climate Change

(c) Space and Entrepreneurship

(d) Space and Sustainability

(e) Satellite Improves Life

30) Recenly, the Bharat Electronics Limited and which aerospace industries have formed a joint venture, BEL IAI AeroSystems Private Limited?

(a) Iran

(b) Indonesia

(c) Israel

(d) Oman

(e) Iraq

Answers :

1) Answer: A

Short Explanation:

Global tech titan Google has tied up with Muthoot Finance to provide gold-backed loans through its mobile payments service GPay.

These announcements were made by the company officials at the 10th edition of 'Google for India' event.

Gemini Live AI AssistantMultilingual Support: Starting October 3, 2024, Google’s AI assistant Gemini Live will be available in Hindi, with plans to add eight more Indian languages (Bengali, Gujarati, Kannada, Malayalam, Marathi, Telugu, Tamil, Urdu) in the following weeks.

User Interaction: Over 40% of Gemini users rely on voice interactions.

Detailed Explanation:

Global tech titan Google has tied up with Muthoot Finance to provide gold-backed loans through its mobile payments service GPay.

These announcements were made by the company officials at the 10th edition of 'Google for India' event.

Gemini Live AI AssistantMultilingual Support: Starting October 3, 2024, Google’s AI assistant Gemini Live will be available in Hindi, with plans to add eight more Indian languages (Bengali, Gujarati, Kannada, Malayalam, Marathi, Telugu, Tamil, Urdu) in the following weeks.

User Interaction: Over 40% of Gemini users rely on voice interactions.

Google’s AI InitiativesAI Overview in Search: Google will roll out the AI overview, a Gen-AI feature in Google Search, in Bengali, Marathi, Telugu, and Tamil in the coming weeks.

Gemini Agent Framework: Google plans to integrate Beckn-enabled open networks with its AI model, Gemini, through an open-source Gemini Agent Framework, accessible to Indian businesses and users.

2) Answer: D

Short Explanation:

For the first time since COVID-19, PMMY loans showed a decline in disbursal, totaling ₹1,86,284 crore in the first half of the current financial year (as of September 27, 2024).

Previous Fiscal Year Performance:The financial year 2023-24 was exceptional for PMMY, with loan disbursals exceeding ₹5 lakh crore for the first time since the scheme's introduction in 2015.

Detailed Explanation:

For the first time since COVID-19, PMMY loans showed a decline in disbursal, totaling ₹1,86,284 crore in the first half of the current financial year (as of September 27, 2024).

This figure is a decrease from ₹1,91,863 crore during the same period last year.

Provisional Numbers:The figures are provisional, and even if disbursal increases slightly, it will still be marginally below last year's numbers.

Context of Decline:The decrease should not be considered a significant dip, as the previous fiscal year saw a record growth of approximately 40% in PMMY disbursals compared to the prior year.

Previous Fiscal Year Performance:The financial year 2023-24 was exceptional for PMMY, with loan disbursals exceeding ₹5 lakh crore for the first time since the scheme's introduction in 2015.

Loan Categories:PMMY loans are categorized into:

Sishu: Up to ₹50,000.

Kishore: Above ₹50,000 and up to ₹5 lakh.

Tarun: Above ₹5 lakh and up to ₹10 lakh.

3) Answer: C

Short Explanation:

State-owned Bank of Baroda (BoB) proposes to sell its Oman operation to Bank Dhofar as part of the rationalisation of foreign operations.

Financial Overview:Total Business: BoB's total business in Oman was 113.35 million Omani Rial.

Detailed Explanation:

State-owned Bank of Baroda (BoB) proposes to sell its Oman operation to Bank Dhofar as part of the rationalisation of foreign operations.

Financial Overview:Total Business: BoB's total business in Oman was 113.35 million Omani Rial.

Net Worth: The net worth of the Oman operations stood at 25.54 million Omani Rial.

Previous actions include:

Closure of the wholesale branch in China during the financial year 2020-21.

Sale of the wholly-owned overseas subsidiary in Trinidad and Tobago (Bank of Baroda Trinidad and Tobago Ltd) to Ansa Merchant Bank Ltd.

International Business Metrics (as of March 31, 2024):Total Business from International Branches: Rs 3,83,409 crore.

Total Deposits: Rs 1,98,444 crore.

Net Advances: Rs 1,84,965 crore.

4) Answer: D

Short Explanation:

The Asian Development Bank (ADB) has approved a USD 162 million loan for tourism development in Himachal Pradesh.

Project Focus:The Sustainable and Inclusive Tourism Development Project aims to enhance the state's tourism potential by upgrading and preserving heritage and cultural sites.

The project focuses on Mandi and Hamirpur districts and includes the restoration of Naggar Castle in Kullu.

Detailed Explanation:

The Asian Development Bank (ADB) has approved a USD 162 million loan for tourism development in Himachal Pradesh.

Project Focus:The Sustainable and Inclusive Tourism Development Project aims to enhance the state's tourism potential by upgrading and preserving heritage and cultural sites.

The project focuses on Mandi and Hamirpur districts and includes the restoration of Naggar Castle in Kullu.

New Facilities:Construction of a convention center and tourist facilities in Kangra.

Beautification of public spaces and establishment of modern tourist facilities.

Development of wellness centers, tourist recreation facilities, adventure sports center, water park complex, and biking trails.

Green Solutions:The project will incorporate green solutions such as solar lighting and electric vehicles.

Special attention will be given to facilities catering to the needs of the elderly, women, children, and persons with disabilities.

5) Answer: B

Short Explanation:

The Pension Fund Regulatory and Development Authority (PFRDA) has launched the Balanced Life Cycle Fund (BLC) as an additional life cycle fund option for private sector subscribers under the All Citizen model and Corporate NPS.

Variety of Life Cycle Funds:With the introduction of the BLC, there are now four life cycle funds available for NPS subscribers:

Conservative Life Cycle Fund (LC-25): Equity allocation up to 25%

Moderate Life Cycle Fund (LC-50)

Aggressive Life Cycle Fund (LC-75)

Balanced Life Cycle Fund (BLC)

Detailed Explanation:

The Pension Fund Regulatory and Development Authority (PFRDA) has launched the Balanced Life Cycle Fund (BLC) as an additional life cycle fund option for private sector subscribers under the All Citizen model and Corporate NPS.

Equity Allocation Strategy:The BLC maintains an equity allocation of up to 50% until the age of 45.

Equity allocation reduction starts at age 45 instead of 35, and by age 55, it is set at 35%.

Growth of Private Sector in NPS:The private sector (non-government sector) is the fastest-growing segment in the NPS ecosystem, with assets under management of approximately ₹2.6 lakh crore as of mid-September.

Variety of Life Cycle Funds:With the introduction of the BLC, there are now four life cycle funds available for NPS subscribers:

Conservative Life Cycle Fund (LC-25): Equity allocation up to 25%

Moderate Life Cycle Fund (LC-50)

Aggressive Life Cycle Fund (LC-75)

Balanced Life Cycle Fund (BLC)

6) Answer: D

Short Explanation:

Markets regulator Securities and Exchange Board of India (SEBI) imposed a penalty of Rs 12 lakh on NSE Data And Analytics Limited for its failure to segregate IT infrastructures and manpower between itself and its parent firm National Stock Exchange (NSE).

NSE Data and Analytics has been directed to pay the penalty within 45 days.

Detailed Explanation:

Markets regulator Securities and Exchange Board of India (SEBI) imposed a penalty of Rs 12 lakh on NSE Data And Analytics Limited for its failure to segregate IT infrastructures and manpower between itself and its parent firm National Stock Exchange (NSE).

NSE Data and Analytics has been directed to pay the penalty within 45 days.

SEBI's Findings: Violations included issues with:

Backup of records

Business Continuity Plan/Disaster Recovery (BCP/DR) policy

Delays in sending acknowledgment letters to investors

Irregularities in system audit reports and cybersecurity audit framework

Failure to validate Know Your Customer (KYC) records.

Lack of IT Segregation: There was no segregation of IT infrastructure (servers, network, data centers, IT security) or IT manpower between NSE Data and Analytics and NSE.

7) Answer: E

Short Explanation:

Prime Minister Shri Narendra Modi launched the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan (DAJGUA) on Mahatma Gandhi's birth anniversary from Hazaribagh, Jharkhand.

The scheme has a total outlay of ₹79,156 crores, with contributions of ₹56,333 crores from the Central government and ₹22,823 crores from the State government.

Detailed Explanation:

Prime Minister Shri Narendra Modi launched the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan (DAJGUA) on Mahatma Gandhi's birth anniversary from Hazaribagh, Jharkhand.

The scheme has a total outlay of ₹79,156 crores, with contributions of ₹56,333 crores from the Central government and ₹22,823 crores from the State government.

Vision of the Abhiyan: The Dharti Aaba Janjatiya Gram Utkarsh Abhiyan aims to fill critical gaps in social infrastructure, health, education, and livelihood through 25 interventions implemented by 17 line ministries of the Government of India. The initiative focuses on the holistic and sustainable development of tribal areas and communities.

Planning and Goals: The mission consists of 25 interventions aimed at achieving the following goals over the next 5 years:

8) Answer: C

Short Explanation:

During a joint press conference with Jamaican Prime MinisterAndrew Holness, Prime Minister Narendra Modi announced the official naming of the road in front of the Jamaica High Commission in New Delhi as 'Jamaica Marg.'

The Indian community has been established in Jamaica for about 180 years.

They are viewed as a “living example of cultural heritage.”

Detailed Explanation:

During a joint press conference with Jamaican Prime MinisterAndrew Holness, Prime Minister Narendra Modi announced the official naming of the road in front of the Jamaica High Commission in New Delhi as 'Jamaica Marg.'

This gesture underscores the strengthening diplomatic ties between India and Jamaica.

A significant aspect of the India-Jamaica relationship is the Indian diaspora in Jamaica. Prime Minister Modi praised this community, noting:

Approximately 70,000 people of Indian origin reside in Jamaica.

The Indian community has been established in Jamaica for about 180 years.

They are viewed as a “living example of cultural heritage.”

9) Answer: B

Short Explanation:

The 4th meeting of the General Council (GC) for the Khelo India Scheme took place in New Delhi, chaired by Union Minister of Youth Affairs & Sports and Labour & Employment, Dr. Mansukh Mandaviya.

Dr. Mandaviya announced the release of a Draft Sports Policy on the Ministry’s website for public consultation.

Detailed Explanation:

The 4th meeting of the General Council (GC) for the Khelo India Scheme took place in New Delhi, chaired by Union Minister of Youth Affairs & Sports and Labour & Employment, Dr. Mansukh Mandaviya.

Dr. Mandaviya announced the release of a Draft Sports Policy on the Ministry’s website for public consultation.

This policy aims to modernize and update the existing framework to align with the evolving sports landscape in India.

Stakeholders, including state governments and the general public, are invited to provide feedback. Once finalized, this policy will serve as a model for states without their own sports policies.

10) Answer: B

Short Explanation:

The Union Minister of Ports, Shipping & Waterways (MoPSW), Shri Sarbananda Sonowal, officially launched the Cruise Bharat Mission from the Mumbai port, aimed at unlocking the tremendous potential of cruise tourism in India.

The mission seeks to double cruise passenger traffic by 2029 and establish India as a leading global cruise destination.

Duration: The Cruise India Mission will be implemented in three phases from October 1, 2024, to March 31, 2029.

Detailed Explanation:

The Union Minister of Ports, Shipping & Waterways (MoPSW), Shri Sarbananda Sonowal, officially launched the Cruise Bharat Mission from the Mumbai port, aimed at unlocking the tremendous potential of cruise tourism in India.

The mission seeks to double cruise passenger traffic by 2029 and establish India as a leading global cruise destination.

Launch Venue: The initiative was launched onboard the cruise ship Empress.

Duration: The Cruise India Mission will be implemented in three phases from October 1, 2024, to March 31, 2029.

Phase 1 (Oct 2024 - Sep 2025): Focus on studies, master planning, forming cruise alliances, and modernizing existing cruise terminals and marinas.

Phase 2 (Oct 2025 - Mar 2027): Development of new cruise terminals, marinas, and activation of high-potential cruise locations.

Phase 3 (Apr 2027 - Mar 2029): Integration of all cruise circuits across the Indian subcontinent and continued development of cruise infrastructure.

11) Answer: B

Short Explanation:

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the conferment of Classical Language status to Marathi, Pali, Prakrit, Assamese, and Bengali.

Initiation: The Government of India first declared a Classical Language category on 12th October 2004 by designating Tamil as a Classical Language.

Detailed Explanation:

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the conferment of Classical Language status to Marathi, Pali, Prakrit, Assamese, and Bengali.

Initiation: The Government of India first declared a Classical Language category on 12th October 2004 by designating Tamil as a Classical Language.

High Antiquity: Recorded history of over 1,000 years.

Valuable Heritage: A body of ancient literature/texts that has historical significance.

Original Literary Tradition: The literary tradition must be unique, not borrowed from other languages.

Expert Committee Formation: A Linguistic Experts Committee (LEC) was established by the Ministry of Culture in November 2004 to examine languages for classical status.

Increased antiquity of early texts to 1,500-2,000 years.

Inclusion of literary discontinuity between classical and modern forms.

12) Answer: B

Short Explanation:

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved a proposal from the Department of Agriculture & Farmers Welfare (DA&FW) to rationalize all Centrally Sponsored Schemes (CSS) under the Ministry of Agriculture and Farmers into two umbrella schemes: Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY).

Detailed Explanation:

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved a proposal from the Department of Agriculture & Farmers Welfare (DA&FW) to rationalize all Centrally Sponsored Schemes (CSS) under the Ministry of Agriculture and Farmers into two umbrella schemes: Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY).

PM-RKVY:

A cafeteria scheme aimed at promoting sustainable agriculture.

Krishonnati Yojana (KY):

Focused on food security and achieving agricultural self-sufficiency.

Total Expenditure:

The proposed total expenditure for both schemes is Rs. 1,01,321.61 crore.

The schemes will be implemented through State Governments.

13) Answer: C

Short Explanation:

Telangana is the first state in India to establish a chapter of NITI Aayog’s Women Entrepreneurship Platform (WEP).

Mission Director:Sita Pallocholla, the Chief Executive Officer of WE Hub, has been appointed as the Mission Director for the WEP Telangana Chapter.

Detailed Explanation:

Telangana is the first state in India to establish a chapter of NITI Aayog’s Women Entrepreneurship Platform (WEP).

Key Support Services:Digital Skilling: Empowering women with essential digital technology skills.

Financial Services: Enhancing financial literacy and access to funding through partnerships with financial institutions and fintech.

Nodal Body:WE Hub has been designated as the nodal body for implementing the WEP in Telangana.

Registered Women Entrepreneurs:The WEP has over 30,000 registered women entrepreneurs and associations, along with more than 400 mentors from various industry sectors.

Mission Director:Sita Pallocholla, the Chief Executive Officer of WE Hub, has been appointed as the Mission Director for the WEP Telangana Chapter.

14) Answer: D

Short Explanation:

CareEdge Ratings, a leading credit rating agency in India, has made history by becoming the first Indian credit rating agency to enter the Global Scale Ratings arena through its subsidiary, CareEdge Global IFSC Limited.

Inaugural Report: CareEdge unveiled a comprehensive report on Sovereign Ratings of Global Economies, assigning ratings to 39 countries.

Detailed Explanation:

CareEdge Ratings, a leading credit rating agency in India, has made history by becoming the first Indian credit rating agency to enter the Global Scale Ratings arena through its subsidiary, CareEdge Global IFSC Limited.

This milestone marks a significant step in CareEdge's evolution into a global knowledge-based institution.

Event Location: The launch took place at GIFT City, Gandhinagar, India.

Inaugural Report: CareEdge unveiled a comprehensive report on Sovereign Ratings of Global Economies, assigning ratings to 39 countries.

Established in 1993, CareEdge Ratings is India's second-largest credit rating agency, renowned for its credibility in rating diverse sectors, particularly in BFSI and Infrastructure. The group includes various subsidiaries, such as:

15) Answer: C

Short Explanation:

Claudia Sheinbaum was sworn in as Mexico's 66th president and the first woman to hold the office.

This marks a significant moment in Mexico’s history, occurring after over 200 years of independence.

Sheinbaum will serve a six-year term that will last until 2030

Detailed Explanation:

Claudia Sheinbaum was sworn in as Mexico's 66th president and the first woman to hold the office.

This marks a significant moment in Mexico’s history, occurring after over 200 years of independence.

Sheinbaum will serve a six-year term that will last until 2030.

The swearing-in took place at the Legislative Palace of San Lázaro in Mexico City.

During the ceremony, legislators shouted “Presidenta! Presidenta!” using the feminine form of president for the first time in Mexico's history.

As a member of the Morena party, Sheinbaum is anticipated to follow the policies of her mentor, Andrés Manuel López Obrador, the outgoing president.

16) Answer: A

Short Explanation:

Air Marshal SP Dharkar has assumed charge as the Vice Chief of the Air Staff.

He succeeded Air Chief Marshal Amar Preet Singh, who became the Chief of Air Staff on September 30, 2024.

Detailed Explanation:

Air Marshal SP Dharkar has assumed charge as the Vice Chief of the Air Staff.

He succeeded Air Chief Marshal Amar Preet Singh, who became the Chief of Air Staff on September 30, 2024.

Air Marshal Dharkar is a highly accomplished fighter pilot with 3,600 hours of flying experience, having flown various types of fighter jets and trainer aircraft.

He has commanded a MiG-27 squadron and is an experienced qualified flying instructor, fighter strike leader, and instrument rating instructor.

He was commissioned in the fighter stream in 1985.

17) Answer: A

Short Explanation:

Detailed Explanation:

The Goods and Services Tax (GST) Council has established a 10-member Group of Ministers (GoM), chaired by Minister of State for Finance Pankaj Chaudhary, to review and make recommendations on the taxation of luxury, sin, and demerit goods after the compensation cess expires in March 2026.

The GoM includes representatives from Assam, Chhattisgarh, Gujarat, Karnataka, Madhya Pradesh, Punjab, Tamil Nadu, Uttar Pradesh, and West Bengal.

The GoM is required to submit its report to the GST Council by December 31, 2024.

Current Tax Structure: Under the current GST regime, a compensation cess is levied on luxury, sin, and demerit goods at varied rates in addition to the standard 28% tax rate.

18) Answer: B

Short Explanation:

India will host the 15th edition of its largest air show, Aero India, at Yelahanka Air Force Station in Bengaluru, Karnataka, from February 10 to February 14, 2025.

The event will feature participation from leading Indian and foreign manufacturers and several delegations from friendly foreign countries.

Detailed Explanation:

India will host the 15th edition of its largest air show, Aero India, at Yelahanka Air Force Station in Bengaluru, Karnataka, from February 10 to February 14, 2025.

The event will feature participation from leading Indian and foreign manufacturers and several delegations from friendly foreign countries.

IAF's Tejas aircraft which is a lightweight, highly agile and multi-role supersonic fighter was a major highlight in the aero India show in 2023.

Aero India is organised by the Ministry of Defence which involves multiple agencies, including the Department of Defence Production, IAF, Hindustan Aeronautics Limited (HAL), Defence Research and Development Organisation (DRDO), Department of Space, and the Union Civil Aviation Ministry.

Aero India 2023 Statistics:The 14th edition was inaugurated by PM Modi and centered around the theme "The Runway to a Billion Opportunities".

A total of 809 exhibitors participated, including 110 foreign exhibitors and 699 Indian exhibitors.

The first edition of the air show was held in 1996

19) Answer: A

Short Explanation:

The third 25T Bollard Pull (BP) Tug, Ashva (Yard 337), was launched by Commodore Ajay Yadav, Naval Officer-in-Charge (West Bengal), at M/s Titagarh Rail Systems Limited, Kolkata.

Ashva is a key product of the "Make in India" and "Atmanirbhar Bharat" initiatives.

Built under a contract with M/s Titagarh Rail Systems Limited (TRSL) for six 25T BP Tugs.

Detailed Explanation:

The third 25T Bollard Pull (BP) Tug, Ashva (Yard 337), was launched by Commodore Ajay Yadav, Naval Officer-in-Charge (West Bengal), at M/s Titagarh Rail Systems Limited, Kolkata.

Ashva is a key product of the "Make in India" and "Atmanirbhar Bharat" initiatives.

Built under a contract with M/s Titagarh Rail Systems Limited (TRSL) for six 25T BP Tugs.

Construction Standards: The Tug is constructed following the Indian Register of Shipping (IRS) classification rules.

Operational Use for the Indian Navy:Ashva will aid the Indian Navy (IN) in berthing, un-berthing, turning, and maneuvering naval ships and submarines in confined waters.

20) Answer: A

Short Explanation:

The 17th edition of the India-Germany Military Cooperation Sub Group (MCSG) meeting took place on October 1-2, 2024, in Berlin, Germany.

Detailed Explanation:

The 17th edition of the India-Germany Military Cooperation Sub Group (MCSG) meeting took place on October 1-2, 2024, in Berlin, Germany.

The MCSG is a forum established to boost defence cooperation between both nations through regular talks at the strategic and operational levels between Headquarters, Integrated Defence Staff, and the Department of International Cooperation Armed Forces, Germany.

Participants:The Indian side was co-chaired by the Deputy Assistant Chief of Integrated Defence Staff for International Defence Cooperation.

21) Answer: B

Short Explanation:

The Competition Commission of India (CCI) approved the acquisition of 100% shareholding of Bharat Serums and Vaccines Limited (BSV) by Mankind Pharma Ltd (Mankind).

Mankind also produces consumer healthcare products, including condoms, emergency contraceptives, pregnancy tests, vitamins, antacids, and acne treatments.

Detailed Explanation:

The Competition Commission of India (CCI) approved the acquisition of 100% shareholding of Bharat Serums and Vaccines Limited (BSV) by Mankind Pharma Ltd (Mankind).

Mankind Pharma Overview:Mankind is a publicly listed pharmaceutical company involved in the development, manufacturing, and marketing of pharmaceutical finished dosage formulations (FDFs) in acute and chronic therapeutic areas.

Mankind also produces consumer healthcare products, including condoms, emergency contraceptives, pregnancy tests, vitamins, antacids, and acne treatments.

Bharat Serums and Vaccines Limited (BSV) Overview:BSV is involved in research, development, licensing, manufacturing, importing, exporting, and marketing of FDFs, APIs, biotech/biological formulations, food supplements, medical devices, and ayurvedic medicines.

22) Answer: B

Short Explanation:

State-owned Bharat Petroleum Corporation Limited (BPCL) has signed an initial Memorandum of Understanding (MoU) with the Mumbai Port Authority (MbPA) and the Mumbai Port Sustainability Foundation (MPSF) to establish a green fuel ecosystem at Mumbai Port.

Detailed Explanation:

State-owned Bharat Petroleum Corporation Limited (BPCL) has signed an initial Memorandum of Understanding (MoU) with the Mumbai Port Authority (MbPA) and the Mumbai Port Sustainability Foundation (MPSF) to establish a green fuel ecosystem at Mumbai Port.

Objective: The initiative aims to significantly reduce greenhouse gas emissions and contribute to India's climate change goals by focusing on green fuel innovations.

Diesel Conversion: The pact includes plans to explore converting diesel-powered vessels to cleaner fuel alternatives, further enhancing the port's green infrastructure and minimizing its carbon footprint.

EV Charging Stations: BPCL and MPSF will jointly establish EV charging stations at Mumbai Port to promote the adoption of green energy among port users and the public.

23) Answer: C

Short Explanation:

India, Nepal and Bangladesh have entered into a trilateral agreement that enables the export of 40 megawatts of electricity from Nepal to Bangladesh via India’s power grid.

This landmark deal, signed in Kathmandu, marks the first instance of Nepal selling electricity to Bangladesh, as it has previously only exported power to India.

Detailed Explanation:

India, Nepal and Bangladesh have entered into a trilateral agreement that enables the export of 40 megawatts of electricity from Nepal to Bangladesh via India’s power grid.

This landmark deal, signed in Kathmandu, marks the first instance of Nepal selling electricity to Bangladesh, as it has previously only exported power to India.

Electricity Import: Bangladesh will now import 40 megawatts of electricity from Nepal. This deal is significant as it expands Nepal’s electricity trade beyond India.

Transmission Infrastructure: The electricity will be transmitted through India's transmission infrastructure. Specifically, Nepal will send energy to India via the 400 KV Dhalkebar-Muzaffarpur cross-border transmission line. India will then transmit the equivalent amount of electricity to Bangladesh.

24) Answer: A

Short Explanation:

Google has announced a strategic partnership with Clean Max Enviro Energy Solutions (CleanMax) to establish a 125.4 MW hybrid renewable energy project in India.

Solar Power: The project will include a 66 MW solar power plant located in Rajasthan.

Wind Energy: Additionally, a 59.4 MW wind generation plant will be established in Karnataka.

Detailed Explanation:

Google has announced a strategic partnership with Clean Max Enviro Energy Solutions (CleanMax) to establish a 125.4 MW hybrid renewable energy project in India.

This initiative aims to enhance Google’s efforts in decarbonising its cloud services and office operations in the country.

Solar Power: The project will include a 66 MW solar power plant located in Rajasthan.

Wind Energy: Additionally, a 59.4 MW wind generation plant will be established in Karnataka.

Connection to National Grid: Both renewable energy projects will be connected to India's national grid, facilitating the distribution of carbon-free energy.

Operational Timeline: The projects are expected to commence commercial operations by the fourth quarter of 2025.

25) Answer: C

Short Explanation:

The Indian U-17 football team clinched the SAFF Men’s U-17 Championship 2024 by defeating Bangladesh in the final match.

The tournament was held at the Changlimithang Stadium in Thimphu, Bhutan.

India maintained an unbeaten record throughout the competition, showcasing strong performances in both attack and defence.

Detailed Explanation:

The Indian U-17 football team clinched the SAFF Men’s U-17 Championship 2024 by defeating Bangladesh in the final match.

The tournament was held at the Changlimithang Stadium in Thimphu, Bhutan.

India maintained an unbeaten record throughout the competition, showcasing strong performances in both attack and defence.

Match: India vs Bangladesh

First Half: India entered halftime with a 0-0 scoreline despite dominating play.

Second Half:Mohammed Kaif broke the deadlock with a goal in the 55th minute.

Late Victory:Mohammed Arbash secured India's win with a goal in injury time (95th minute).

26) Answer: B

The South Asian Football Federation (SAFF) was founded in 1997 by Bangladesh, India, Maldives, Nepal, Pakistan, Sri Lanka, and later Bhutan.

SAFF organizes tournaments for both senior and junior categories across South Asia.

Headquarters: Dhaka, Bangladesh

President: Kazi Md. Salahuddin (Bangladesh)

27) Answer: D

Short Explanation:

World Space Week (WSW) is an annual international celebration of science and technology and their contributions to improving the human condition. The United Nations General Assembly declared WSW will be observed every year from October 4 to 10.

Theme of 2024 WSW: “Space & Climate Change”

Detailed Explanation:

World Space Week (WSW) is an annual international celebration of science and technology and their contributions to improving the human condition. The United Nations General Assembly declared WSW will be observed every year from October 4 to 10.

Theme of 2024 WSW: “Space & Climate Change”

The theme for 2024 focuses on celebrating the transformative impact of space technology in combating climate change. It emphasizes how space exploration enhances our understanding and management of Earth’s climate.

World Space Week 2024 aims toEducate, inspire, and connect the global community.

28) Answer: D

Short Explanation:

World Teachers Day or International Teachers Day is celebrated on the 5th October of every year.

This year, World Teachers Day Theme 2024 is Valuing teacher voices "Valuing Teacher Voices: Towards a new social contract for education."

World Teachers Day was established by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in the year of 1994.

Detailed Explanation:

World Teachers Day or International Teachers Day is celebrated on the 5th October of every year.

This year, World Teachers Day Theme 2024 is Valuing teacher voices "Valuing Teacher Voices: Towards a new social contract for education."

World Teachers Day was established by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in the year of 1994.

World Teachers Day was organized on the 5th of October in order to commemorate the signing of the status of the teacher by UNESCO/ILO in the year of 1966.

World Teachers Day is observed with the aim of focusing on “appreciating, assessing and improving the educators of the world.”

This day was observed by the Teacher's organizations all over the world.

29) Answer: B

World Space Week (WSW) is an annual international celebration of science and technology and their contributions to improving the human condition. The United Nations General Assembly declared WSW will be observed every year from October 4 to 10.

Theme of 2024 WSW: “Space & Climate Change”

30) Answer: C

Short Explanation:

Navratna defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI), Israel's leading aerospace and defence company, have announced the establishment of a joint venture company (JVC), which has been incorporated in the name of BEL IAI AeroSystems Private Limited.

Detailed Explanation:

Navratna defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI), Israel's leading aerospace and defence company, have announced the establishment of a joint venture company (JVC), which has been incorporated in the name of BEL IAI AeroSystems Private Limited.

Purpose of JVC: The joint venture will act as the single point of contact (SPOC) for extending long-term technical and maintenance support for the Medium Range Surface-to-Air Missile (MRSAM) systems for India's defense forces.

The JVC has been set up to provide life cycle support, both technical and maintenance related, for MRSAM air-defence systems of the country.