Current Affairs - Current Affairs
1.
Which organization signed two crucial loans with the Government of India to support infrastructure and sustainable growth?
Answer: Option
Explanation:
The Asian Development Bank (ADB) signed two key loans with the Government of India, totalling USD 850 million. The first loan of USD 500 million will support green and sustainable infrastructure through the India Infrastructure Finance Company Limited (IIFCL), addressing areas like urban projects, education, and healthcare. The second loan of USD 350 million under the SMILE program focuses on enhancing India's manufacturing sector and logistics efficiency, promoting economic growth, and fostering gender inclusion. These initiatives align with India's climate commitments and economic development goals.
Category : Finance
2.
Which country will host the inaugural World Audio Visual Entertainment Summit (WAVES) in February 2025?
Answer: Option
Explanation:
India will host the first-ever World Audio Visual Entertainment Summit (WAVES) from February 5-9, 2025, in New Delhi. Announced by Prime Minister Narendra Modi, this global event aims to position India as a hub for world-class content creation and foster creative collaboration. Inspired by events like the World Economic Forum, WAVES will gather leaders from media, entertainment, and creative industries worldwide. This initiative underscores India's growing prominence in the entertainment and creative sectors.
Category : International
3.
Which country, along with India, has completed two years of the Economic Cooperation and Trade Agreement (ECTA), aiming to reach AUD 100 billion in trade by 2030?
Answer: Option
Explanation:
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) was signed in April 2022 and ratified in November 2022, marking a significant period of growth in bilateral trade and economic cooperation between the two nations. The agreement aims to foster deeper economic integration, reduce tariffs, and promote services exchange and investment flows.
Category : International
4.
Who has been appointed as the new CEO of DBS Bank India effective March 1, 2025?
Answer: Option
Explanation:
Rajat Verma, currently heading the Institutional Banking Group at DBS Bank India, will take over as the new CEO of DBS Bank India starting March 1, 2025. He succeeds Surojit Shome, who retires after a successful tenure. Verma brings over 27 years of experience in banking, including significant contributions to DBS’ institutional banking growth and recognition in sustainable finance. His appointment aligns with DBS Bank India’s vision to continue its growth and leverage its strong platform to participate in India's expanding financial landscape.
Category : Awards and Honours
5.
Who has been appointed as the officiating Director General of the CRPF?
Answer: Option
Explanation:
Vitul Kumar, a 1993-batch IPS officer from the Uttar Pradesh cadre, has been appointed as the officiating Director General of the Central Reserve Police Force (CRPF) after the retirement of Anish Dayal Singh on December 31, 2024. Kumar, who has served as the Special Director General of CRPF, brings extensive experience and has been recognized for his contributions with several prestigious awards. His leadership will be critical in addressing key challenges, including the government’s push to eliminate Left-Wing Extremism in Chhattisgarh and managing tensions in Manipur.
Category : Defence
6.
Who served as India’s 13th Prime Minister and played a pivotal role in the economic reforms of 1991?
Answer: Option
Explanation:
Dr. Manmohan Singh, a distinguished economist and statesman, served as India’s 13th Prime Minister from 2004 to 2014. He was instrumental in implementing the landmark economic reforms of 1991 during his tenure as Finance Minister under Prime Minister P. V. Narasimha Rao. These reforms, which included devaluation of the rupee, deregulation, and encouraging foreign investments, transformed India into a globally integrated economy. Dr. Singh’s academic brilliance and leadership have left an enduring impact on India’s economic and political landscape.
Category : Obituary
7.
Which organization has been re-certified as a ‘Great Place to Work’ for January 2025 to January 2026?
Answer: Option
Explanation:
Steel Authority of India Limited (SAIL) has been re-certified as a ‘Great Place to Work’ for the period January 2025 to January 2026 by the Great Place to Work Institute, India. This marks SAIL’s second consecutive certification, emphasizing its commitment to fostering a positive work environment through innovative HR practices, employee empowerment, and trust-building initiatives. SAIL's programs, such as flexible work schemes and leadership development partnerships with premier institutions, underscore its dedication to enhancing employee satisfaction and maintaining excellence in workplace culture.
Category : Business
8.
By what percentage has e-waste generation increased in India over the past five years?
Answer: Option
Explanation:
E-waste generation in India has grown significantly, showing a 72.54% rise over five years, increasing from 1.01 million metric tonnes in 2019-20 to 1.751 million metric tonnes in 2023-24. This sharp increase underscores the need for enhanced recycling efforts and regulations, as only 43% of e-waste is currently recycled, and much remains untreated. Addressing this challenge is critical for environmental sustainability and public health, as e-waste contains hazardous substances like lead and mercury.
Category : National
9.
Which country shares a 1,643 km largely unfenced border with Arunachal Pradesh, Nagaland, Manipur, and Mizoram?
Answer: Option
Explanation:
Myanmar shares a 1,643 km long unfenced border with the Indian states of Arunachal Pradesh, Nagaland, Manipur, and Mizoram. This border has posed significant challenges related to infiltration and smuggling, prompting the Union Home Ministry to prioritize its security. The Ministry has also announced plans to phase out the Free Movement Regime (FMR) with Myanmar and implement demographic mapping to support fencing efforts. These steps aim to enhance security and stability in the border regions while addressing broader issues of regional development.
Category : International
10.
Who won three National titles in the final round of the MMSC FMSCI Indian National Motorcycle Drag Racing Championship, extending their record to 15 titles?
Answer: Option
Explanation:
Hemanth Muddappa, known as the "Drag King," achieved a remarkable triple crown victory in the final round of the MMSC FMSCI Indian National Motorcycle Drag Racing Championship held at the Madras International Circuit (MIC). This accomplishment brought his total National titles to 15, solidifying his position as India's most decorated motorsport athlete. Despite racing with a fractured thumb, Muddappa showcased exceptional skill and determination, winning titles in multiple categories and representing Mantra Racing with distinction.
Category : Persons
11.
What is the record value of India's defence exports achieved over the past decade?
Answer: Option
Explanation:
India's defence exports have surged to a record Rs 21,000 crore, a significant increase from Rs 2,000 crore a decade ago. This achievement reflects the nation’s focus on indigenous defence production and technological advancements. Defence Minister Rajnath Singh announced this milestone during his visit to the Army War College in Mhow, setting an ambitious target of Rs 50,000 crore by 2029. The growth aligns with India’s vision of Aatmanirbhar Bharat, underscoring its global presence in the defence sector and its commitment to self-reliance in national security and manufacturing.
Category : Defence
12.
By what date must banks implement the name lookup facility for NEFT and RTGS transactions?
Answer: Option
Explanation:
The Reserve Bank of India (RBI) has mandated the implementation of a name lookup facility for NEFT and RTGS transactions by April 1, 2025. This feature aims to reduce fraud and errors by allowing remitters to verify beneficiary names before initiating payments. Developed by the National Payments Corporation of India (NPCI), this system will function similarly to UPI and IMPS. Banks will integrate the feature into their digital and physical banking platforms to enhance transaction security and accuracy.
Category : Banking
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers