Daily Current Affairs Quiz - 15th to 17th January 2025
Jan 17 2025
Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 15th to 17th January 2025. 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 2025 & other competitive exams can make use of these Current Affairs Quiz.
1) As per Jan’25 report, what percentage coupon rate was utilized by Bank of Baroda (BoB) to raise Rs 5,000 crore through a 10-year infrastructure bond?
(a) 7.21%
(b) 7.22%
(c) 7.23%
(d) 7.24%
(e) 7.25%
2) How many state-run banks in India considering selling their stakesto reduce their ownership, or is it letting the banks sell shares to big investors?
(a) 4
(b) 5
(c) 6
(d) 3
(e) 7
3) In order to promote innovation, increase efficiency, and facilitate business dealings, which organization has broadened the scope of its regulatory sandbox framework?
(a) SEBI
(b) IRDAI
(c) DICGC
(d) SIDBI
(e) NABARD
4) Which year did the Bank of India launch its first dollar syndicated loan with a $400 million target?
(a) 2011
(b) 2012
(c) 2013
(d) 2014
(e) 2015
5) Which Indian bank, with a market capitalization that increased by 25.8% to $105.7 billion, is a standout performer among the three that rank among the top 25 global banks by market capitalizationfor Q4 2024?
(a) HDFC bank
(b) ICICI bank
(c) State Bank of India
(d) Punjab National Bank
(e) Axis bank
6) According to information from the Association of Mutual Funds in India (AMFI), the monthly mutual fund SIP (Systematic Investment Plan) increased from Rs 25,320 crore in November 2024 to how many crores in December 2024?
(a) Rs.26000crore
(b) Rs.25500crore
(c) Rs.27000crore
(d) Rs.28000crore
(e) Rs.29000crore
7) Which government-owned company, Rosatom, has shipped the sixth and last unit of the Kudankulam Nuclear Power Plant from Novorossiysk seaport on a specialized ship?
(a) China
(b) Russia
(c) Iran
(d) UAE
(e) Afghanistan
8) With a focus on Maharishi Agastya, which Kashi Tamil Sangamam edition will take place from February 15–24, 2025?
(a) 2nd
(b) 1st
(c) 3rd
(d) 4th
(e) 5th
9) Recently(Jan’25), Shri Piyush Goyal, Union Minister of Commerce and Industry, established the National Turmeric Board. In order to improve the income of turmeric producers nationwide, the new Board will put the welfare of farmers first and seek to boost production, particularly in Andhra Pradesh and which state?
(a) Madhya Pradesh
(b) Telangana
(c) Meghalaya
(d) Maharashtra
(e) TamilNadu
10) Recently, The Ministry of Earth Sciences' India Meteorological Department (IMD) commemorated 150 years of devoted service to the country. In which year, a roadmap for ensuring India's climate change adaptation and weather resilience was released in anticipation of the country's centennial celebrations of independence?
(a) 2029
(b) 2030
(c) 2050
(d) 2040
(e) 2047
11) Recently, The government's premier oil and gas industry conference, India Energy Week (IEW) 2025, will take place in New Delhi from February 11–14, 2025. How many top start-ups will have their creative solutions highlighted by the Avinya Energy Start-Up Challenge 2.0, giving them international exposure?
(a) 2
(b) 3
(c) 4
(d) 5
(e) 10
12) As per the report, the government has reconstituted the Atomic Energy Commission. T V Somanathan and Manoj Govil are among the newest members. Who served as Secretary of the Department of Atomic Energy and has been appointed Chairman of the Commission?
(a) Vikram Misri
(b) Pankaj Kumar Mishra
(c) Ajit Doval
(d) Ajit Kumar Mohanty
(e) Vivek Bhasin
13) As per the report, the one essential part of the Zojila Tunnel Project, which aims to connect Srinagar and Ladakh throughout the year, is the Z-Morh Tunnel. How many kilometers per hour can a vehicle travel, cutting down on travel time and allowing for 1,000 vehicles per hour?
(a) 50km/h
(b) 60km/h
(c) 70km/h
(d) 80km/h
(e) 40km/h
14) The National Health Authority (NHA) and the Government of Odisha signed a Memorandum of Understanding (MoU), making Odisha the _____________ state to implement AB PM-JAY.
(a) 32nd
(b) 33rd
(c) 34th
(d) 35th
(e) 36th
15) What percentage of wholesale inflation in India increased from 1.89% in November 2024 to what percentage in December 2024?
(a) 2.36%
(b) 2.35%
(c) 2.37%
(d) 2.38%
(e) 2.39%
16) Which company achieved a major milestone for the Indian Army and the telecom company by successfully deploying the first-ever 5G site in the Siachen Glacier?
(a) VI
(b) Bharati Airtel
(c) BSNL
(d) Reliance Jio
(e) MTNL
17) Which High Court's Chief Justice, Justice Upadhyay, was named Chief Justice of the Delhi High Court?
(a) Calcutta
(b) Bombay
(c) Madras
(d) Patna
(e) Manipur
18) Recently, Nawaf Salam, a well-known diplomat and judge, was named the new prime minister of Lebanon by President Joseph Aoun after receiving the parliamentary majority. Salam previously served as Lebanon's ambassador to the UN from 2007 until which year?
(a) 2015
(b) 2012
(c) 2016
(d) 2017
(e) 2018
19) With Dr. Michael Debabrata Patra's term ending on January 15, the Reserve Bank of India (RBI) announced a portfolio reorganization for its three surviving Deputy Governors. Who will take over as head of the Monetary Policy Department?
(a) T Rabi Sankar
(b) Swaminathan Janakiraman
(c) M Rajeshwar Rao
(d) BP Kanungo
(e) MK Jain
20) Which company's chairman and managing director (CMD), Robert Jerard Ravi, is most likely to be reappointed by the Ministry of Communications?
(a) VI
(b) Bharati Airtel
(c) BSNL
(d) Reliance Jio
(e) MTNL
21) On January 13, 2025, Justice Krishnan Vinod Chandran, the Chief Justice of which High Court, was appointed to the Supreme Court by President Droupadi Murmu?
(a) Calcutta
(b) Bombay
(c) Madras
(d) Patna
(e) Uttarakhand
22) In New Delhi, which nation's president Tharman Shanmugaratnam presented Tarun Das the Honorary Citizen Award?
(a) Germany
(b) Singapore
(c) Thailand
(d) Malaysia
(e) Vietnam
23) Recently(Jan’25), Amitav Ghosh talks about his new book, "Wild Fictions," which tackles societal issues and climate change in a "time of monsters." Which nation's Marxist philosopher Antonio Gramsci was cited by Ghosh when he emphasized that the world was about to enter a "time of monsters," when the old era was dying and a new one was struggling to emerge?
(a) Germany
(b) Italy
(c) France
(d) Morocco
(e) Poland
24) What percentage of equity shares in Ashoka Concessions Limited (ACL) and some of its convertible instruments have been approved by the Competition Commission of India for Ashoka Buildcon (ABL) and Viva Highways (Viva)?
(a) 32%
(b) 31%
(c) 33%
(d) 34%
(e) 35%
25) For Medium-Range Surface-to-Air Missiles (MRSAM) for the Indian Navy, the Ministry of Defense (MoD) and Bharat Dynamics Limited (BDL) inked a contract.How many crores is the estimated value of the contract?
(a) Rs 2,960 crore
(b) Rs 2,940 crore
(c) Rs 2,950 crore
(d) Rs 2,970 crore
(e) Rs 2,980 crore
26) Which state's Pokhran field range saw the successful field evaluation trials of the third-generation fire-and-forget anti-tank guided missile, the Nag Mark 2, by the Defence Research and Development Organization (DRDO)?
(a) Odisha
(b) Bihar
(c) Assam
(d) Rajasthan
(e) Haryana
27) Recently,the New Glenn Rocket is a heavy-lift launch vehicle named after NASA astronaut John Glenn. This two-stage rocket has a payload fairing of how many meters and is about 320 feet tall?
(a) 6m
(b) 7m
(c) 5m
(d) 8m
(e) 9m
28) Recently(Jan’25), Pixxel and Digantara ushered in a new era for Indian private space companies by launching satellites aboard a SpaceX rocket. In the next two months, Pixxel intends to launch three more Firefly satellites. How many more satellites are in the works for future deployment?
(a) 15
(b) 16
(c) 18
(d) 20
(e) 12
29) Which state hosted the 8th Elite Men's National Boxing Championship, where the Services Sports Control Board (SSCB) won the title for the third time in a row?
(a) Odisha
(b) Bihar
(c) Karnataka
(d) Rajasthan
(e) Uttar Pradesh
30) Which of the following statements is false?
(a) The Indian Army Day is commemorated each year on January 15th.
(b) The 77th Indian Army Day will be celebrated with a grand light and sound show in New Delhi & the Parade Theme: 'Samarth Bharat, Saksham Sena' (Strong India, Capable Army)
(c) India is now the third-largest startup ecosystem globally.
(d) Prime Minister Narendra Modi declared January 16 as National Startup Day in the year 2021.
(e) All are true
Answers :
1) Answer: C
Short Explanation:
Bank of Baroda (BoB) raised Rs 5,000 crore through a 10-year infrastructure bond at a coupon rate of 7.23%.
The infrastructure bond issued by BoB was rated AAA by CRISIL and India Ratings, indicating a high credit rating.
Issue Details:The base issue size was Rs 2,000 crore, with a green shoe option of Rs 3,000 crore, allowing for an additional issue of bonds.
Detailed Explanation:
Bank of Baroda (BoB) raised Rs 5,000 crore through a 10-year infrastructure bond at a coupon rate of 7.23%.
The infrastructure bond issued by BoB was rated AAA by CRISIL and India Ratings, indicating a high credit rating.
Issue Details:The base issue size was Rs 2,000 crore, with a green shoe option of Rs 3,000 crore, allowing for an additional issue of bonds.
Full Issue Amount Retained: BoB decided to retain the full issue amount of Rs 5,000 crore despite the demand exceeding the issue size.
IRFC's Bond Issuance: The Indian Railway Finance Corporation (IRFC) also raised Rs 2,780 crore through 10-year bonds at a 7.25% interest rate.
The base issue size was Rs 500 crore, and the green shoe option was Rs 2,500 crore.
Demand for IRFC Bonds: IRFC received bids worth Rs 6,030 crore but retained Rs 2,780 crore, falling short of its target amount.
IREDA's Upcoming Bond Issue: The Indian Renewable Energy Development Agency (IREDA) plans to raise Rs 1,500 crore through a 10-year bond issuance later in the week, with bonds rated AAA by ICRA and India Ratings.
2) Answer: B
Short Explanation:
India is considering reducing its ownership in 5 state-run banks, including UCO Bank, Central Bank of India, Indian Overseas Bank, Bank of Maharashtra, and Punjab and Sind Bank, through stake sales or allowing the banks to sell shares to large investors.
Minimum Public Holding Norms: The goal is to bring down the government's stake in these banks below 75% to meet regulatory norms.
Methods of Stake Reduction:The Department of Investment and Public Asset Management (DIPAM) may facilitate the stake sales.
Detailed Explanation:
India is considering reducing its ownership in 5 state-run banks, including UCO Bank, Central Bank of India, Indian Overseas Bank, Bank of Maharashtra, and Punjab and Sind Bank, through stake sales or allowing the banks to sell shares to large investors.
Minimum Public Holding Norms: The goal is to bring down the government's stake in these banks below 75% to meet regulatory norms.
Methods of Stake Reduction:The Department of Investment and Public Asset Management (DIPAM) may facilitate the stake sales.
The alternative is for the banks to sell shares to large investors, which will help them meet the required public holding norms.
Liquidity and Lending: Allowing stake sales will improve the liquidity of these banks, which could enable them to lend more, especially as analysts suggest asset quality in the banking sector may have peaked amid slowing economic growth.
Market Response: Shares of UCO Bank and Indian Overseas Bank surged significantly, indicating strong investor interest in state-run banks.
Performance of State-Run Banks:Over the last 12 months, state-owned bank stocks have shown a positive performance, with a 4% increase in the Nifty gauge of state-owned banks, contrasting with a 3.6% decline in the Nifty Private Bank index.
3) Answer: B
Short Explanation:
The Insurance Regulatory and Development Authority of India (IRDAI) has expanded the scope of its regulatory sandbox framework to encourage innovation, improve efficiency, and ease of doing business.
Objective of Changes:These changes align with IRDAI's move towards a modern, dynamic, and principle-based regulatory framework.
The aim is to foster innovation, improve governance, ensure data security, and drive sustainable growth while upholding policyholder protection.
Detailed Explanation:
The Insurance Regulatory and Development Authority of India (IRDAI) has expanded the scope of its regulatory sandbox framework to encourage innovation, improve efficiency, and ease of doing business.
Objective of Changes:These changes align with IRDAI's move towards a modern, dynamic, and principle-based regulatory framework.
The aim is to foster innovation, improve governance, ensure data security, and drive sustainable growth while upholding policyholder protection.
Principle-Based Approach:The IRDAI (Regulatory Sandbox) Regulations, 2025 are now more principle-based, with operational aspects to be issued through a master circular.
Inter-Regulatory Sandbox Proposals:A significant addition allows for filing Inter-Regulatory Sandbox proposals, which can cross more than one financial sector.
Regulatory Sandbox Concept:The regulatory sandbox allows for the live testing of new products or services in a controlled/test regulatory environment, where certain relaxations may be permitted for testing purposes.
Data Maintenance & Security:The regulations require electronic record-keeping with robust security and privacy measures.
4) Answer: B
Short Explanation:
Bank of India is raising its first dollar syndicated loan since 2012, with a target amount of $400 million.
Loan Structure:The loan is split into two tranches:
A three-year tranche.
A five-year tranche.
The loan is being raised through the Gujarat International Finance Tec-City (GIFT) branch of Bank of India.
Detailed Explanation:
Bank of India is raising its first dollar syndicated loan since 2012, with a target amount of $400 million.
Loan Structure:The loan is split into two tranches:
A three-year tranche.
A five-year tranche.
The loan is being raised through the Gujarat International Finance Tec-City (GIFT) branch of Bank of India.
Arrangers of the Loan Facility:The arrangers for the syndicated loan facility are CTBC Bank Co. and Standard Chartered Plc.
Rising Foreign Currency Debt Among Indian Borrowers:The Bank of Indias move is part of a broader trend where more Indian borrowers are tapping global credit markets.
Reliance Industries Ltd. is planning to raise up to $3 billion, which could be the largest loan from India since 2023.
State Bank of India (SBI) is also marketing a ¥30 billion ($191 million) syndicated loan and planning to raise up to $1.25 billion, potentially becoming the largest dollar loan from the Indian banking sector this year.
5) Answer: B
Short Explanation:
According to a report by GlobalData, a leading data analytics and research company, 3 Indian banks -HDFC Bank, ICICI Bank, and State Bank of India (SBI) ranked in the top 25 global banks by market capitalization for Q4 2024:
HDFC Bank: Ranked 13th with a market cap of $158.5 billion.
ICICI Bank: Ranked 19th with a market cap of $105.7 billion.
SBI: Ranked 24th with a market cap of $82.9 billion.
ICICI Bank's Standout Performance:ICICI Bank was a standout performer, with its market cap growing by 25.8% to $105.7 billion, driven by the strength of India's expanding digital banking and credit ecosystem.
Detailed Explanation:
According to a report by GlobalData, a leading data analytics and research company, 3 Indian banks -HDFC Bank, ICICI Bank, and State Bank of India (SBI) ranked in the top 25 global banks by market capitalization for Q4 2024:
HDFC Bank: Ranked 13th with a market cap of $158.5 billion.
ICICI Bank: Ranked 19th with a market cap of $105.7 billion.
SBI: Ranked 24th with a market cap of $82.9 billion.
ICICI Bank's Standout Performance:ICICI Bank was a standout performer, with its market cap growing by 25.8% to $105.7 billion, driven by the strength of India's expanding digital banking and credit ecosystem.
Market Cap Growth of HDFC Bank:HDFC Bank's market cap increased by 1.6% to $158.5 billion, despite facing rising competition and cost pressures.
Global Banks' Market Capitalization Growth:The aggregate market capitalization of the top 25 global banks grew by 27.1% YoY, reaching $4.6 trillion in Q4 2024, compared to the previous year.
JPMorgan Chase's Position:JPMorgan Chase continued to be the largest bank in the world by market cap, with a market cap of $674.9 billion, marking a 37.2% increase by the end of Q4 2024.
Goldman Sachs' Performance:Goldman Sachs experienced a 42.9% growth in its market cap, which moved it up to 9th position, from 13th place in the previous quarter.
6) Answer: A
Short Explanation:
As per data provided by Association of Mutual Funds in India (AMFI), The monthly mutual fund SIP (Systematic Investment Plan) crossed the Rs 26,000 crore mark for the first time in December 2024, reaching Rs 26,459 crore, up from Rs 25,320 crore in November 2024.
New SIP Registrations:The number of new SIPs registered in December 2024 was 54,27,201, an increase from 49,46,408 in November 2024.
Detailed Explanation:
As per data provided by Association of Mutual Funds in India (AMFI), The monthly mutual fund SIP (Systematic Investment Plan) crossed the Rs 26,000 crore mark for the first time in December 2024, reaching Rs 26,459 crore, up from Rs 25,320 crore in November 2024.
New SIP Registrations:The number of new SIPs registered in December 2024 was 54,27,201, an increase from 49,46,408 in November 2024.
SIP AUM (Assets Under Management):The SIP AUM stood at Rs 13.63 lakh crore in December 2024, compared to Rs 13.54 lakh crore in November 2024.
SIP Accounts:The total number of SIP accounts reached an all-time high of 10,32,02,796 in December 2024, up from 10,22,66,590 in November 2024.
Equity Mutual Fund AUM Growth:The equity mutual fund AUM stood at Rs 3,057,548.59 crore in December 2024, a 40% increase from Rs 2,179,424.11 crore in December 2023.
SIP Characteristics:SIP is a method where investors contribute a fixed amount of money at regular intervals, typically monthly, to a mutual fund.
7) Answer: B
Short Explanation:
The Russian government-owned company Rosatom has shipped the 6th and final unit of the Kudankulam Nuclear Power Plant being set up in Kudankulam, Tirunelveli District, Tamil Nadu, on board a specialised ship from the seaport of Novorossiysk.
The equipment, weighing 320 tonnes and manufactured by Atommash, Rosatoms machine-building division, was shipped at the end of 2024.
Detailed Explanation:
The Russian government-owned company Rosatom has shipped the 6th and final unit of the Kudankulam Nuclear Power Plant being set up in Kudankulam, Tirunelveli District, Tamil Nadu, on board a specialised ship from the seaport of Novorossiysk.
The equipment, weighing 320 tonnes and manufactured by Atommash, Rosatoms machine-building division, was shipped at the end of 2024.
Historical Agreement : In 1988 an agreement was signed between the government of India and the Soviet Union to construct a 6000 MW nuclear power plant in Kudankulam, Tamil Nadu.
The power plant consists of 6 units of 1000 MW capacity each.
Indias Nuclear Energy Status (2024) : According to the Nuclear Power Corporation of India (NPCIL) in 2024 there were 24 operational nuclear reactors in the country with an installed capacity of 8080 MW.
8) Answer: C
Short Explanation:
The Kashi Tamil Sangamam 2025 Event will be held on February 15-24, 2025.
Theme: The 3rd edition of the Kashi Tamil Sangamam will focus on Rishi Agastya, emphasizing the ancient connection between Tamil Nadu and Varanasi (Kashi).
Objective: Celebrating the civilizational and cultural bond between Kashi and Tamil Nadu.
Detailed Explanation:
The Kashi Tamil Sangamam 2025 Event will be held on February 15-24, 2025.
Theme: The 3rd edition of the Kashi Tamil Sangamam will focus on Rishi Agastya, emphasizing the ancient connection between Tamil Nadu and Varanasi (Kashi).
Objective: Celebrating the civilizational and cultural bond between Kashi and Tamil Nadu.
Tamil is one of the oldest languages of human civilization, and the government plays a crucial role in fostering unity and promoting cultural heritage.
Expected Participants: 1,200, including:
200 Tamil students from central institutions.
Farmers, teachers, writers, small entrepreneurs, innovators, and women from self-help groups in Tamil Nadu.
Activities:
Seminars, cultural performances, and visits to iconic locations like Varanasi, Prayagraj, and Ayodhya.
Maha Kumbh participation to enhance the spiritual experience.
Online Registration Portal: Participants will be selected through a quiz.
This programme is part of the Ek Bharat Shreshtha Bharat initiative, fostering connections between diverse cultural traditions in India.
9) Answer: B
Short Explanation:
Union Minister of Commerce & Industry, Shri Piyush Goyal inaugurated the National Turmeric Board in New Delhi.
Shri Palle Ganga Reddy was announced as the first Chairperson of the Board.
The Board's headquarters has been established in Nizamabad, a major turmeric-producing region in India.
Focus on Farmers: The new Board will prioritize the welfare of turmeric farmers and aims to increase production, especially in Andhra Pradesh and Telangana, boosting the income of turmeric producers across the country.
Detailed Explanation:
Union Minister of Commerce & Industry, Shri Piyush Goyal inaugurated the National Turmeric Board in New Delhi.
Shri Palle Ganga Reddy was announced as the first Chairperson of the Board.
The Board's headquarters has been established in Nizamabad, a major turmeric-producing region in India.
Turmeric's Importance: Known as the Golden Spice, turmeric is vital for the economy, particularly in the 20 states that cultivate it, including Maharashtra, Tamil Nadu, Andhra Pradesh, Telangana, Madhya Pradesh, and Meghalaya.
Focus on Farmers: The new Board will prioritize the welfare of turmeric farmers and aims to increase production, especially in Andhra Pradesh and Telangana, boosting the income of turmeric producers across the country.
Research & Development: The Board will promote research and development of new turmeric products and work on value addition for export purposes.
Global Promotion: It will raise awareness about turmerics essential and medical properties, while focusing on increasing yield and improving logistics to expand trade in international markets.
Quality Standards: The Board will ensure the quality and safety of turmeric production and exports.
10) Answer: E
Short Explanation:
The India Meteorological Department (IMD), under the Ministry of Earth Sciences, is celebrating a historic milestone150 years of dedicated service to the nation.
Established in 1875, IMD has significantly contributed to weather forecasting, climate monitoring, disaster management, agriculture, aviation, and public safety.
IMD Vision-2047: A roadmap was released to ensure Indias weather resilience and climate change adaptation, looking forward to the nations centenary celebrations of independence in 2047.
Detailed Explanation:
The India Meteorological Department (IMD), under the Ministry of Earth Sciences, is celebrating a historic milestone150 years of dedicated service to the nation.
Established in 1875, IMD has significantly contributed to weather forecasting, climate monitoring, disaster management, agriculture, aviation, and public safety.
During this event, the Prime Minister acknowledged IMDs remarkable 150-year journey as a symbol of Indias progress in science and technology.
Launch of Mission Mausam: This initiative aims to transform India into a Weather-ready and Climate-smart nation, employing advanced technologies like high-resolution atmospheric observations, radars, satellites, and high-performance computing.
Commemorative Stamp and Coin: The Prime Minister unveiled a commemorative postage stamp and coin to mark the occasion.
IMD Vision-2047: A roadmap was released to ensure Indias weather resilience and climate change adaptation, looking forward to the nations centenary celebrations of independence in 2047.
11) Answer: D
Short Explanation:
India Energy Week (IEW) 2025, the governments flagship oil and gas sector conference, will be held in New Delhi from February 11-14, 2025.
The event will feature participation from over 20 energy ministers and deputy ministers, representing advanced economies, major energy producers, and the Global South.
The Avinya Energy Start-Up Challenge 2.0 will spotlight innovative solutions from the top five start-ups, providing them with global visibility.
Detailed Explanation:
India Energy Week (IEW) 2025, the governments flagship oil and gas sector conference, will be held in New Delhi from February 11-14, 2025.
The event will feature participation from over 20 energy ministers and deputy ministers, representing advanced economies, major energy producers, and the Global South.
Agencies like OPEC and the International Energy Agency (IEA) will launch key reports, emphasizing India's role as the worlds third-largest energy consumer.
OPEC: Launch of the India Oil Demand Report.
IEA: Release of a comprehensive study on Indias natural gas sector.
Oil Secretary Pankaj Jain stated that IEW 2025 will act as a platform for global stakeholders to exchange ideas, explore opportunities, and showcase India's contributions to green hydrogen, solar advancements, and advanced exploration techniques.
A clean cooking ministerial will highlight India's success with initiatives like the Pradhan Mantri Ujjwala Yojana (PMUY).
The Prime Minister will host a roundtable with CEOs from top oil and gas companies, fostering stronger collaborations.
IEW 2025 will focus on seven strategic themes:
Collaboration
Resilience
Transition
Capacity
Digital Frontiers
Innovation
Leadership
These themes will address decarbonization, energy equity, and the creation of low-carbon economies.
The Avinya Energy Start-Up Challenge 2.0 will spotlight innovative solutions from the top five start-ups, providing them with global visibility.
12) Answer: D
Short Explanation:
The government has re-constituted the Atomic Energy Commission. T V Somanathan and Manoj Govil are among the new members.
Ajit Kumar Mohanty, Secretary of the Department of Atomic Energy, has been appointed as the Chairman of the commission.
Detailed Explanation:
The government has re-constituted the Atomic Energy Commission. T V Somanathan and Manoj Govil are among the new members.
The reconstituted commission includes National Security Adviser Ajit Doval and Foreign Secretary Vikram Misri.
T V Somanathan has been included as the Cabinet Secretary.
Manoj Govil has joined as the Expenditure Secretary.
Pankaj Kumar Mishra, who assumed the role of Member (Finance) last year, is also a member.
Ajit Kumar Mohanty, Secretary of the Department of Atomic Energy, has been appointed as the Chairman of the commission.
13) Answer: C
Short Explanation:
The Z-Morh Tunnel is a vital component of the Zojila Tunnel Project, aimed at providing year-round connectivity between Srinagar and Ladakh.
The name "Z-Morh" originates from the Z-shaped roadway that previously existed in the area.
Features include a two-lane tunnel with real-time monitoring systems and a 7.5-meter-wide parallel escape passage for emergencies.
Vehicles can travel at speeds of 70 km/h, reducing travel time significantly and accommodating 1,000 vehicles per hour.
Detailed Explanation:
The Z-Morh Tunnel is a vital component of the Zojila Tunnel Project, aimed at providing year-round connectivity between Srinagar and Ladakh.
The name "Z-Morh" originates from the Z-shaped roadway that previously existed in the area.
Initial Challenges: Conceived in 2012 by the Border Roads Organisation (BRO), the project faced financial and administrative hurdles under its original contractor.
Retendering in 2019: Work was halted in 2018 due to financial stress at IL&FS and subsequently retendered.
Completion Timeline: Originally slated for 2016-2017, the project was delayed to 2024 for the Z-Morh Tunnel, with the Zojila Tunnel targeted for December 2026.
A soft opening occurred in February 2024, with the final inauguration delayed due to the Model Code of Conduct.
Features include a two-lane tunnel with real-time monitoring systems and a 7.5-meter-wide parallel escape passage for emergencies.
Vehicles can travel at speeds of 70 km/h, reducing travel time significantly and accommodating 1,000 vehicles per hour.
Located at an altitude of 8,650 feet, it provides all-weather connectivity to Ladakh, critical for defense needs and regional accessibility.
14) Answer: C
Short Explanation:
Odisha became the 34th state to implement AB PM-JAY after a Memorandum of Understanding (MoU) was signed between the National Health Authority (NHA) and the Government of Odisha.
The scheme will be implemented in convergence with the existing Gopabandhu Jan Arogya Yojana (GJAY) in Odisha.
Coverage:Provides a health cover of ₹5 lakh per family per year, with an additional ₹5 lakh for women members.
Detailed Explanation:
Odisha became the 34th state to implement AB PM-JAY after a Memorandum of Understanding (MoU) was signed between the National Health Authority (NHA) and the Government of Odisha.
The scheme will be implemented in convergence with the existing Gopabandhu Jan Arogya Yojana (GJAY) in Odisha.
Coverage:Provides a health cover of ₹5 lakh per family per year, with an additional ₹5 lakh for women members.
Around 1.03 crore families will benefit from the converged scheme, with 67.8 lakh families supported by the Union Government.
Key Benefits:Over 2,000 medical procedures across 27 specialties are covered, including major surgeries like bypass and knee replacement.
Cashless treatment will be available at over 29,000 empaneled government and private hospitals.
Financial Impact:AB PM-JAY has provided ₹1.13 lakh crore for healthcare to marginalized sections of society.
15) Answer: C
Short Explanation:
Indias wholesale inflation rose to 2.37% in December 2024, up from 1.89% in November 2024.
Key Contributors to the Rise: The increase in inflation was driven by fuel and power and primary non-food articles, which together contributed 42 basis points (bps) out of the 48 bps increase in wholesale prices.
Detailed Explanation:
Indias wholesale inflation rose to 2.37% in December 2024, up from 1.89% in November 2024.
Key Contributors to the Rise: The increase in inflation was driven by fuel and power and primary non-food articles, which together contributed 42 basis points (bps) out of the 48 bps increase in wholesale prices.
Food Prices: Despite the overall inflation rise, food prices eased, with food inflation dipping below 9% for the first time in December, falling to 8.4%.
Retail Inflation: In contrast, retail inflation, which directly affects consumer prices, hit a four-month low of 5.2% in December 2024.
This indicates a divergence between wholesale prices (which measure the cost of goods at the wholesale level) and retail prices (which reflect the cost to consumers).
16) Answer: D
Short Explanation:
Reliance Jio has successfully deployed the first-ever 5G site in the Siachen Glacier, marking a significant achievement for both the telecom company and the Indian Army.
This development is crucial as the Siachen Glacier, the highest battlefield in the world, had previously lacked reliable connectivity.
The 5G network will enable seamless communication for soldiers in this remote and challenging region, enhancing critical communication capabilities.
Detailed Explanation:
Reliance Jio has successfully deployed the first-ever 5G site in the Siachen Glacier, marking a significant achievement for both the telecom company and the Indian Army.
This development is crucial as the Siachen Glacier, the highest battlefield in the world, had previously lacked reliable connectivity.
The 5G network will enable seamless communication for soldiers in this remote and challenging region, enhancing critical communication capabilities.
Fire and Fury Corps, the Indian Army division responsible for Siachen, collaborated with Jio Telecom to install the 5G mobile tower.
The successful deployment was announced through an X post by Fire and Fury Corps, highlighting the partnership with Jio.
The region's extreme temperatures, which can drop below -40°C, posed a significant challenge, making the installation of the Base Transceiver Station (BTS) an extraordinary technological feat.
17) Answer: B
Short Explanation:
Justice Upadhyay, the Chief Justice of the Bombay High Court, has been appointed as the Chief Justice of the Delhi High Court.
Justice Alok Aradhe, the Chief Justice of the Telangana High Court, has been appointed as the Chief Justice of the Bombay High Court, following the same recommendation by the Supreme Court Collegium.
Detailed Explanation:
Justice Upadhyay, the Chief Justice of the Bombay High Court, has been appointed as the Chief Justice of the Delhi High Court.
This decision was made on January 14, 2025, following a recommendation by the Supreme Court Collegium on January 7, 2025.
Justice Vibhu Bakhru is currently serving as the acting Chief Justice of the Delhi High Court after the elevation of Justice Manohar to the Supreme Court.
Justice Alok Aradhe, the Chief Justice of the Telangana High Court, has been appointed as the Chief Justice of the Bombay High Court, following the same recommendation by the Supreme Court Collegium.
18) Answer: D
Short Explanation:
Lebanese President Joseph Aoun has appointed Nawaf Salam, a prominent diplomat and judge, as Lebanon's new Prime Minister after securing majority support from the Lebanese parliament.
Salam, born in Beirut, was Lebanons ambassador to the United Nations from 2007 to 2017.
Detailed Explanation:
Lebanese President Joseph Aoun has appointed Nawaf Salam, a prominent diplomat and judge, as Lebanon's new Prime Minister after securing majority support from the Lebanese parliament.
Salam, the head of the International Court of Justice (ICJ), won the support of 73 out of 128 members of parliament, mainly from Western-backed groups and independents, and is also backed by Saudi Arabia and Western countries.
The nomination of Salam marks a setback for Hezbollah, as it comes after the group's militant wing weakened due to the 14-month war with Israel.
Salams appointment signifies the diminishing influence of Hezbollah in Lebanons politics.
Salam, born in Beirut, was Lebanons ambassador to the United Nations from 2007 to 2017.
He has previously been suggested as a potential prime minister due to his reformist stance and his alignment with the demands for transparency and accountability.
19) Answer: C
Short Explanation:
The Reserve Bank of India (RBI) announced a reshuffle in the portfolios of its three remaining Deputy Governors on January 14, as Dr. Michael Debabrata Patra's term is set to end on January 15.
New Portfolio Assignments:M Rajeshwar Rao will take over as the head of the Department of Monetary Policy, a role previously managed by Dr. Patra.
T Rabi Sankar will now oversee the Financial Markets Operations Department.
Detailed Explanation:
The Reserve Bank of India (RBI) announced a reshuffle in the portfolios of its three remaining Deputy Governors on January 14, as Dr. Michael Debabrata Patra's term is set to end on January 15.
New Portfolio Assignments:M Rajeshwar Rao will take over as the head of the Department of Monetary Policy, a role previously managed by Dr. Patra.
T Rabi Sankar will now oversee the Financial Markets Operations Department.
M Rajeshwar Rao is now responsible for 11 portfolios.
T Rabi Sankar will handle 13 departments.
Swaminathan Janakiraman will manage 9 portfolios.
20) Answer: C
Short Explanation:
The Ministry of Communications is likely to reappoint Robert Jerard Ravi as the Chairman and Managing Director (CMD) of Bharat Sanchar Nigam Limited (BSNL).
Ravi was first appointed as BSNL CMD in July 2024, succeeding PK Purwar, whose tenure ended after serving since July 2019.
Detailed Explanation:
The Ministry of Communications is likely to reappoint Robert Jerard Ravi as the Chairman and Managing Director (CMD) of Bharat Sanchar Nigam Limited (BSNL).
Ravi was first appointed as BSNL CMD in July 2024, succeeding PK Purwar, whose tenure ended after serving since July 2019.
In October 2024, the Department of Telecommunications (DoT) advertised for hiring a new BSNL CMD, with the application deadline being November 15.
However, no applications were received for the position.
Robert J Ravi is currently serving as Deputy Director General at DoT and previously served as Advisor (Consumer Affairs and Quality of Services) at the Telecom Regulatory Authority of India (TRAI).
21) Answer: D
Short Explanation:
President Droupadi Murmu appointed Justice Krishnan Vinod Chandran, the Chief Justice of Patna High Court, as a judge of the Supreme Court on January 13, 2025.
The Supreme Court Collegium, headed by Chief Justice of India Sanjiv Khanna, recommended the appointment of Justice Chandran on January 7, 2025.
Detailed Explanation:
President Droupadi Murmu appointed Justice Krishnan Vinod Chandran, the Chief Justice of Patna High Court, as a judge of the Supreme Court on January 13, 2025.
The Supreme Court Collegium, headed by Chief Justice of India Sanjiv Khanna, recommended the appointment of Justice Chandran on January 7, 2025.
The Collegium noted that there was no judge from Kerala High Court on the Supreme Court Bench at the time of Justice Chandran's recommendation.
Justice Chandran was the senior most among High Court judges from Kerala when recommended for the appointment.
With the appointment of Justice Chandran, the judicial strength of the Supreme Court has increased to 33 judges, which is one short of the full quorum.
22) Answer: B
Short Explanation:
Singapore President Tharman Shanmugaratnam presented the Honorary Citizen Award to Tarun Das in New Delhi.
The Honorary Citizen Award is the highest recognition granted by the Singapore government to a non-Singaporean.
Detailed Explanation:
Singapore President Tharman Shanmugaratnam presented the Honorary Citizen Award to Tarun Das in New Delhi.
The Honorary Citizen Award is the highest recognition granted by the Singapore government to a non-Singaporean.
This prestigious award is presented to individuals who have made notable contributions in various fields such as business, science and technology, education, health, arts and culture, and community service.
Tarun Das, former head of the Confederation of Indian Industry (CII), was honored for his exceptional role in strengthening the bilateral relations between India and Singapore.
Das has been instrumental in promoting India-Singapore cooperation, serving as a key advocate for Singapore in India.
23) Answer: B
Short Explanation:
Ghosh unveils his book Wild Fictions (Essays) with former foreign secretary, Shyam Saran, at India International Centre (IIC).
At the launch of his new book, Wild Fictions (Essays), Ghosh also delivered the CD Deshmukh Memorial lecture on the theme "Time of Monsters, Time of Possibilities: Reflections of an Interstitial Era."
In his speech, Ghosh quoted Italian Marxist philosopher Antonio Gramsci, emphasizing that the world was entering a "time of monsters," a period in which the old era was dying while a new one struggled to emerge.
Detailed Explanation:
Ghosh unveils his book Wild Fictions (Essays) with former foreign secretary, Shyam Saran, at India International Centre (IIC).
For Amitav Ghosh and his family, September 11, 2001, marked a significant day.
His 10-year-old daughter, Lila, was set to join a new school in New York City, one located directly across from the World Trade Centre.
On her very first day, Lila witnessed the catastrophic events as two hijacked planes, orchestrated by the terror group al-Qaeda, crashed into the twin towers of the World Trade Centre.
At the India International Centre (IIC), twenty-four years later, Ghosh reflected on the terrifying day.
At the launch of his new book, Wild Fictions (Essays), Ghosh also delivered the CD Deshmukh Memorial lecture on the theme "Time of Monsters, Time of Possibilities: Reflections of an Interstitial Era."
In his speech, Ghosh quoted Italian Marxist philosopher Antonio Gramsci, emphasizing that the world was entering a "time of monsters," a period in which the old era was dying while a new one struggled to emerge.
He reflected on the past 25 years, describing them as times marked by human and environmental disasters"monsters" that had emerged in various forms.
24) Answer: D
Short Explanation:
The Competition Commission of India has approved Ashoka Buildcon's (ABL) acquisition of 34% equity shareholding in Ashoka Concessions Limited (ACL) and certain convertible instruments of ACL by ABL and Viva Highways (Viva).
Additionally, the approval covers the acquisition of a 26% shareholding in Jaora Nayagaon Toll Road Company (JN) by Viva.
Detailed Explanation:
The Competition Commission of India has approved Ashoka Buildcon's (ABL) acquisition of 34% equity shareholding in Ashoka Concessions Limited (ACL) and certain convertible instruments of ACL by ABL and Viva Highways (Viva).
Additionally, the approval covers the acquisition of a 26% shareholding in Jaora Nayagaon Toll Road Company (JN) by Viva.
Ashoka Buildcon (ABL): Engaged in engineering, procurement, and construction (EPC), as well as operation and maintenance (O&M) of roads and highways in India.
It operates its road assets through various models, including EPC, BOT, and Hybrid Annuity Model (HAM).
Ashoka Concessions Limited (ACL): The infrastructure arm of Ashoka Group, focused on the operation and maintenance of roads and highways in India, primarily through subsidiaries operating road assets.
25) Answer: A
Short Explanation:
The Ministry of Defence (MoD) signed a contract with Bharat Dynamics Limited (BDL) for Medium-Range Surface-to-Air Missiles (MRSAM) for the Indian Navy.
The contract is valued at approximately Rs 2,960 crore.
Detailed Explanation:
The Ministry of Defence (MoD) signed a contract with Bharat Dynamics Limited (BDL) for Medium-Range Surface-to-Air Missiles (MRSAM) for the Indian Navy.
The contract is valued at approximately Rs 2,960 crore.
The agreement was signed in New Delhi on January 16, 2025, in the presence of Defence Secretary Shri Rajesh Kumar Singh.
Purpose and Significance:The MRSAM system is designed for onboard use on multiple Indian Naval Ships.
The contract supports Indias efforts to strengthen its defence capabilities and focus on indigenisation of military technology.
With the emphasis on Aatmanirbhar Bharat, the missiles would be supplied by BDL under Buy (Indian) category with largely indigenous content.
26) Answer: D
Short Explanation:
The Defence Research and Development Organisation (DRDO) successfully conducted field evaluation trials of the Nag Mark 2, a third-generation fire-and-forget anti-tank guided missile, at the Pokhran field range in Rajasthan.
Speed: The missile travels at 230 meters per second.
Detailed Explanation:
The Defence Research and Development Organisation (DRDO) successfully conducted field evaluation trials of the Nag Mark 2, a third-generation fire-and-forget anti-tank guided missile, at the Pokhran field range in Rajasthan.
The missile demonstrated exceptional precision, successfully destroying all designated targets at both maximum and minimum range limits during the trials.
Speed: The missile travels at 230 meters per second.
Range: The missile can strike enemy tanks up to 4 kilometers away within 17-18 seconds. The missile has a maximum range of 7-10 kilometers and a minimum range of 500 meters.
Missile Specifications: The Nag Mk-2 weighs approximately 45 kilograms and measures 6 feet 1 inch.
It is designed to swiftly neutralise enemy tanks and armoured vehicles.
Development and Cost: The missile was developed by DRDO at a cost of ₹300 crore.
27) Answer: B
Short Explanation:
The New Glenn rocket is a heavy-lift launch vehicle which has been named after John Glenn, the National Aeronautics and Space Administration (NASA) astronaut who was the first American to circle the Earth in 1962.
Rocket Dimensions & Features : The two-stage rocket is around 320 feet tall as tall as a 32-story building and consists of a 7-metre payload fairing.
Detailed Explanation:
The New Glenn rocket is a heavy-lift launch vehicle which has been named after John Glenn, the National Aeronautics and Space Administration (NASA) astronaut who was the first American to circle the Earth in 1962.
Rocket Dimensions & Features : The two-stage rocket is around 320 feet tall as tall as a 32-story building and consists of a 7-metre payload fairing.
According to Blue Origin, the first stage is designed for a minimum of 25 flights.
Payload Capacity : New Glenn will launch payloads into high-energy orbits.
It can carry more than 13 metric tons to geostationary transfer orbit (GTO) and 45 metric tons to low Earth orbit (LEO).
28) Answer: C
Short Explanation:
Pixxel and Digantara launched satellites onboard a SpaceX rocket, marking a new era for private space firms in India.
Pixxel's Achievements:Pixxel became the first private company in India with its own constellation of satellites.
Future Plans: Pixxel plans to launch three more Firefly satellites in the next two months, with 18 additional satellites planned for future deployment.
Detailed Explanation:
Pixxel and Digantara launched satellites onboard a SpaceX rocket, marking a new era for private space firms in India.
Pixxel's Achievements:Pixxel became the first private company in India with its own constellation of satellites.
Firefly Satellites:
Five-meter resolutionsix times sharper than the typical 30-meter resolution.
Equipped with hyperspectral imaging technology that allows observation of Earth in over 150 spectral bands.
Firefly satellites can detect subtle changes in chemical compositions, vegetation health, water quality, and atmospheric conditions, which is valuable for sectors like agriculture, climate action, and defense.
Future Plans: Pixxel plans to launch three more Firefly satellites in the next two months, with 18 additional satellites planned for future deployment.
Clients: Pixxel has signed over 60 clients, including the US National Reconnaissance Organization, Rio Tinto, British Petroleum, and the Union Ministry of Agriculture.
29) Answer: E
Short Explanation:
The Services Sports Control Board (SSCB) retained their title at the 8th Elite Mens National Boxing Championship, claiming their third consecutive championship victory.
The finals were held in Bareilly, Uttar Pradesh, hosted by the Boxing Federation of India (BFI) in collaboration with the Uttar Pradesh Boxing Association.
Detailed Explanation:
The Services Sports Control Board (SSCB) retained their title at the 8th Elite Mens National Boxing Championship, claiming their third consecutive championship victory.
The finals were held in Bareilly, Uttar Pradesh, hosted by the Boxing Federation of India (BFI) in collaboration with the Uttar Pradesh Boxing Association.
Key Victories for SSCB:
Sachin Siwach: Gold in the Lightweight (55-60kg) category.
Lakshya Chahar: Gold in the Light Heavyweight (75-80kg) division.
Jadumani Singh: Gold in the Flyweight (47-50kg) category.
Hitesh: Gold in the Light Middleweight (65-70kg) division.
Vishal: Gold in the Heavyweight (85-90kg) class.
Abhinash Jamwals Triumph: Abhinash Jamwal capped off an extraordinary performance with a gold medal in the Welterweight (60-65kg) category. He previously defeated Shiva Thapa and Vanshaj Kumar, and outclassed Amit in the final.
30) Answer: E
Army Day:
Army Day is celebrated on 15 January every year in India, in recognition of Lieutenant General Kodandera M. Cariappa's (later who became Field Marshal ) taking over as the first Commander-in-Chief of the Indian Army from General Francis Roy Bucher, the last British Commander-in-Chief of India, on 15 January 1949.
The 77th Indian Army Day will be celebrated with a grand light and sound show in Pune, depicting the evolution of Indian warfare across different periods of history.
Parade Theme: 'Samarth Bharat, Saksham Sena' (Strong India, Capable Army)
National Startup day:
Prime Minister Narendra Modi declared January 16 as National Startup Day in the year 2021.
India is now the third-largest startup ecosystem globally.
The number of DPIIT-recognised companies has grown from around 500 in 2016 to 1,59,157 as of January 15, 2025.
The idea for National Startup Day was introduced during this week, and since 2022, it has been commemorated every year on January 16.
Udyamotsav 2025 will be held across 14 cities, including Ahmedabad, Delhi-NCR, Jaipur, Bangalore, Hyderabad, Pune, Chennai, Srinagar, Coimbatore, Nagpur, Lucknow, Chandigarh, Trivandrum, and Guwahati.
Daily Current Affairs Jan 21st 2025 | Latest News | Download Free PDF
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