Current
Affairs
Monthly MCQs Series
January - Part 4
Q1. The PM Modi has inaugurated Central Board of Secondary Education’s (CBSE) Integrated
Office Complex at Dwarka, Delhi, which has been built with an outlay of Rs ____________ crore .
A. Rs. 100 crore
B. Rs. 200 crore
C. Rs. 300 crore
D. Rs. 400 crore
E. Rs. 500 crore
Ans : Rs. 300 crore
The project has been constructed and designed sustainably as per Platinum Rating standards of the Indian
Green Building Council (IGBC).
PM Narendra Modi laid the foundation stone of three new projects in Delhi University (DU), with an outlay of
over Rs 600 crore.
• Projects : Eastern Campus at Surajmal Vihar in East Delhi and Western Campus at Dwarka. and building
Veer Savarkar College at Roshanpura, Najafgarh.
• The Veer Savarkar College will be built at a cost of Rs 140 crore in an area of 18,816.56 sq m.
PM Narendra Modi inaugurated two urban redevelopment projects-
• World Trade Centre (WTC) at Nauroji Nagar
• General Pool Residential Accommodation (GPRA) Type-II Quarters at Sarojini Nagar.
• The projects are developed by NBCC (India) Limited.
PM Modi inaugurated 1,675 newly constructed flats for the Economically Weaker Section (EWS) residents of
Jhuggi Jhopri (JJ) clusters at Swabhiman Apartments in Ashok Vihar, Delhi.
The flats are constructed under the In-Situ Slum Rehabilitation Project by the Delhi Development
Authority(DDA).
The person has to pay less than 7% of the total of Rs 25 lakh been spent on construction of each flat by the
government which includes Rs 1.42 lakh as a nominal fee and Rs 30,000 for five years of maintenance.
Q2. The RBI has introduced a new provision that enables ________ payments from/to Full-KYC
(Know Your Customer) Prepaid Payment Instruments(PPIs) through third-party UPI
applications(apps).
A. Unified Payments Interface (UPI)
B. National Electronic Funds Transfer (NEFT)
C. Immediate Payment Service (IMPS)
D. Electronic Clearing Service (ECS)
E. Real Time Gross Settlement (RTGS)
Ans : Unified Payments Interface (UPI)
Previously, UPI payments for PPIs could only be made through the PPI issuer’s mobile apps.
Department of Financial Services (DFS),
Q3. In Jan 2025, the DFS Secretary Nagaraju Maddirala has launched a revamped e-auction portal
named "BAANKNET" , designed for the e-auction of properties from all Public Sector Banks(PSB).
What does BAANKNET stands for ?
A. Bank Account Auction Network
B. Bank Acquisition Auction Network
C. Bank Adequacy Auction Network
D. Bank Asset Auction Network
E. Bank Alternative Auction Network
Ans : Bank Asset Auction Network
Q4. Which among the following Institution has collaborated with Ministry of Agriculture and
Farmer Welfare on Project VISTAAR to Digitalize Agricultural Extension ?
A. IIT Delhi
B. IIT Madras
C. IIT Guwhatti
D. IIT Bhuwneshwar
E. IIT Kanpur
Ans : IIT Madras
The Pilot Project VISTAAR (Virtually Integrated System to Access Agricultural Resources) seeks to
further strengthen the agricultural extension system.
This project enables farmers and stakeholders in agriculture to access high-quality advisory services related
to crop production, marketing, value addition, supply chain management and government schemes.
The Centre for Research on Start-ups and Risk Financing at IIT Madras along with its incubated start-up
YNOS Venture Engine have developed the most comprehensive information on the Indian start-up
landscape.
Q5. Which of the following option is correct wrt 4th Biennial Update Report (BUR-4) which is
submitted by India to the United Nations Framework Convention on Climate Change (UNFCCC)?
A. As per the report, India’s total GHG emissions, including land use, Land-Use Change and Forestry
(LULUCF) has decreased by 7.93% in 2020 compared to 2019.
B. India’s total GHG emissions, excluding land use, LULUCF, stood at 2,959 million tonnes of Carbon
Dioxide Equivalent (CO2e).
C. The report also highlighted the that the energy sector emerged as the major contributor to overall
emissions (75.66%) followed by the Agriculture (13.72%), Industrial Processes and Product Use
(8.06%), and Waste (2.56%).
D. India’s forest and tree cover, along with other land use, sequestered nearly 522 million tonnes of
CO2e in 2020, equivalent to decreasing 22% of India’s total carbon dioxide emissions in 2020.
E. All of the above
Ans : All of the above
CO2 emissions, generated from burning fossil fuels, emission of methane from livestock, and
increasing aluminum and cement production are the main contributors to the total GHG emissions.
As per the report, CO2 emission accounted for 80.53% of total emissions, followed by methane
(13.32%), nitrous oxide (5.13%) and others (1.02%).
National Determined Contribution (NDC)
India’s achievements in respect of the NDC targets:
• The report highlighted that India’s emission intensity of Gross Domestic Product (GDP), decreased by
36% between 2005 and 2020.
• By October 2024, the share of non-fossil sources in the installed electricity generation capacity was
46.52%.
• Total installed capacity of renewable power, including large hydropower, is 203.22 GW and cumulative
renewable power installed capacity (excluding large hydro projects) has increased 4.5 times from 35 GW
in March 2014 to 156.25 GW.
• India’s forest and tree cover has consistently increased and currently stands at 25.17% of the total
geographical area of the country.
• During 2005 to 2021, additional carbon sink of 2.29 billion tonnes of CO2 equivalent has been created.
UN Framework Convention on Climate Change (UNFCCC):
• Executive Secretary- Simon Stiell (Grenada)
• Headquarters- Bonn, Germany
• Established- 1992
Q6. Which bank has launched the "Har Ghar Lakhpati RD Scheme" for their customers ?
A. Union Bank of India
B. Bank of Baroda
C. State Bank of India
D. Canara Bank
E. Punjab National Bank
Ans : State Bank of India
SBI also launched the SBI Patrons Term Deposite Scheme for Senior citizens who are 80 years and
above.
The penalty on delayed payment of instalment are: ₹ 1.50 for every ₹ 100 per month for RD tenor of 5 years or less.
₹ 2.00 for every ₹ 100/- per month for RD tenor of more than 5 years. (Rates are subject to change from time to time)
Penalty when applied shall not exceed the interest paid to the depositor.
Q7. Which among the following bank has recently(in Jan) launched the TAB-based digital process
for NRI's to open Non-Resident External (NRE) and Non-Resident Ordinary (NRO) accounts ?
A. Union Bank of India
B. Bank of Baroda
C. State Bank of India
D. Canara Bank
E. Punjab National Bank
Ans : State Bank of India
State Bank of India : Chairman - C.S. Setty
Headquarters-Mumbai, Maharashtra
Established- 1st July 1955
Q8. The Veteran nuclear scientist, Dr. Rajagopala Chidambaram recently(in Jan) passed away. In
which year he received the Padma Shri for his contributions in the field of Science & Technology. ?
A. 1993
B. 1975
C. 1999
D. 2001
E. 2005
Ans : 1975
He coordinated test preparation for the Pokhran-I (1974) and Pokhran-II (1998).
He served as director of Bhabha Atomic Research Centre (BARC) (1990-1993), chairman of Atomic
Energy Commission, and secretary to the GoI, Department of Atomic Energy (DAE) (1993-2000).
Principal Scientific Adviser to the GoI (2001–2018).
Other Awards : Padma Vibhushan (1999) C.V. Raman Birth Centenary Award of the Indian Science
Congress Association(1995), Lokmanya Tilak Award(1998), Veer Savarkar Award(1999 ), Dadabhai Naoroji
Millennium Award(1999), Homi Bhabha Lifetime Achievement Award of the Indian Nuclear Society(2006 ),
Lifetime Contribution Award in Engineering from the Indian National Academy of Engineering(2009), C. V.
Raman Medal from the Indian National Science Academy(2013).
Q9. Name the World’s Oldest Olympic Champion who recently (in Jan ) passed Away.
A. Agnes Keleti
B. Eliza Pollock
C. Oscar Swahn
D. Alfred Larsen
E. Gustaf Boivie
Ans : Agnes Keleti
Ágnes Keleti was a Hungarian and Israeli artistic gymnast and coach, who won multiple Olympic medals.
She was the world’s oldest living Olympic gold medalist and the most decorated female Olympian in
Hungarian history, with 10 Olympic medals, including 5 golds, 3 silver and 2 bronze medals.
Now after her death, French cyclist Charles Coste(100) became the oldest living Olympic champion.
Q10. World Braille Day is annually observed across the globe on __________ .
A. 1st January
B. 2nd January
C. 3rd January
D. 4th January
E. 5th January
Ans : 4th January
On occasion of World Braille Day we celebrate the birth anniversary of Louis Braille (French inventor of
the Braille writing system).
2025 marks the 7th edition and 216th birth anniversary of Louis Braille.
Q11. Which country has signed an MoU with Maldives for the execution of the 3rd phase of High
Impact Community Development Projects (HICDP) in Maldives ?
A. USA
B. India
C. Sri Lanka
D. Russia
E. UAE
Ans : India
The Indian government will provide grant assistance for the implementation of the HICDP.
Maldives: Foreign Minister : Abdulla Khaleel President– Mohamed Muizzu Capital– Malé Currency–
Maldivian Rufiyaa(MVR)
Q12. Recently (in Jan) the Ministry of Textiles has extended the compliance deadline of the Medical
Textiles (Quality Control Order, QCO), 2024 until _______ to address the challenges faced by Small
and Medium Enterprises (SMEs).
A. 1st February 2025
B. 1st March 2025
C. 1st April 2025
D. 1st May 2025
E. 1st July 2025
Ans : 1st April 2025
The QCO applies to products like sanitary napkins, baby diapers and reusable sanitary pads/period panties,
which are listed under Schedule A of the order.
Manufacturers and importers are also granted a 6-month period, ending on 30 June, 2025, to clear
existing legacy stock & to facilitate a smooth transition,
Q13. All India Council for Technical Education (AICTE) launched Phase 4 of the National
Educational Alliance for Technology (NEAT 4.0) in New Delhi, Delhi. Who is the current chairman
of AICTE ?
A. Dr. Raghab P. Dash
B. Dr Buddha Chandrasekhar
C. Prof. Rajive Kumar
D. Prof. T. G. Sitharam
E. Dr. Abhay Jere
Ans : Prof. T. G. Sitharam
NEAT 4.0 initiative aims to bridge the gap between students and essential industry skills, prioritizing
accessibility and inclusivity for learners nationwide.
During the launch event 22 EdTech companies signed MoUs with AICTE for 40 innovative products.
Companies includes : Amypo Technologies Private Limited, Ansys Software, Culturelligence Private
Limited etc).
AICTE : Founded in : 1945 HQ : New Delhi, Delhi Vice Chairman : Dr. Abhay Jere
Q14. Recently(in Jan) ,the RBI has removed business restrictions from which of the following
micro finance institution ?
A. Microsupport Financial Services Ltd
B. Spandana Sphoorty Finance Ltd
C. Nano Financial Services India Pvt. Ltd
D. Janakalyan Financial Services Pvt. Ltd
E. Arohan Financial Services Ltd
Ans : Arohan Financial Services Ltd
Arohan Financial Services Ltd
HQ – Kolkata, West Bengal Managing Director : Manoj Kumar Nambiar
Q15. The Japan brokerage Nomura, recently forecasted, India’s Gross Domestic Product (GDP)
growth will decelerate to _____% in FY25.
A. 5.9%
B. 6.3%
C. 6.1%
D. 6%
E. 5.8%
Ans : 6%
Previous projections for FY25 : 6.7% and for FY26 : 6.8%
New forecaste for FY26 : 5.9%
Inflation : FY25 ; 2.9% and FY26 : 4.3%
Q16. As per the SBI's research report, rural poverty ratio dropped below 5% for the 1st time to
_______ % in FY24 from 7.2% in FY23 .
A. 4.32%
B. 4.86%
C. 4.60%
D. 4.28%
E. 4.11%
Ans : 4.86%
The rural poverty ratio was 25.7% in FY12.
The urban poverty ratio decreased marginally to 4.09% in FY24 from 4.6% in FY23 and 13.7% in FY12.
The report has estimated the poverty lines at Rs 1,623 for rural areas and Rs 1,944 for urban areas in FY24
by adjusting for decadal inflation and the imputation factor in the poverty line set by the Suresh Tendulkar
Committee in 2011.
Q17. In Jan 2025, the Indian Railway Finance Corporation Limited (IRFC) has entered into a MoU
with Railway Energy Management Company Limited (REMCL) to finance Renewable Energy (RE)
projects for r Indian Railways. The REMCL is a joint venture of Ministry of Railways and __________ .
A. RITES Limited
B. Rail Vikas Nigam Limited
C. Indian Railway Catering and Tourism Corporation Limited
D. RailTel Corporation of India Limited.
E. Titagarh Rail Systems Limited
Ans : RITES Limited
The MoU establishes a framework for collaboration between IRFC and REMCL to support IR in
reducing dependence on fossil fuels and achieving net-zero carbon emissions by 2030.
Q18. Name the personality who is recently appointed as Director General (DG) of the Directorate
General of Civil Aviation (DGCA) ?
A. Ashutosh Agnihotri
B. Faiz Ahmed Kidwai
C. Vikram Dev Dutt
D. Akash Tripathi
E. Kamal Kishore Soan
Ans : Faiz Ahmed Kidwai
Directorate General of Civil Aviation (DGCA):
Headquarters – New Delhi, Delhi Founded – 1946
Recent appointments done by Appointments Committee of the
Cabinet (ACC)
❑ Food Corporation of India : Chairman and Managing Director : Ashutosh Agnihotri
❑ Additional Secretary, Ministry of Power : Akash Tripathi
❑ Additional Secretary & Mission Director of Jal Jeevan Mission : Kamal Kishore Soan,
❑ Additional Secretary of Inter-State Council Secretariat of MHA : Shubha Thakur s
❑ Additional Secretary of MoRTH : Vinay Kumar
Q19. The RBI has approved the merger of National Co-operative Bank Limited, with which among
the following Co-operative Bank effective from 6th January, 2025?
A. Bharat Cooperative Bank(BCB)
B. Swami Vivekanand Sahakari Bank Niyamit
C. Cosmos Co-operative Bank
D. Sri Basaveshwara Pattana Sahakara Bank Niyamit
E. Manjra Mahila Urban Cooperative Bank
Ans : Cosmos Co-operative Bank
With this merger, all branches of the National Co-operative Bank, which include 12 in Bengaluru
(Karnataka) and 1 in Mysore (Karnataka), will now operate as branches of Cosmos Co-operative Bank.
Note : Mumbai-based Maratha Sahakari Bank (with 7 branches) and Sahebrao Deshmukh Sahakari
Bank (with 11 branches) merged into Cosmos Bank in the financial year ended March 2024.
Cosmos Co-operative Bank Limited: Managing Director : Apekshita Thipsay HQ: Pune, Maharashtra
Established - 1906 Tagline- Say I’M banking and mean it!
Q20. The RBI recently (in Jan) approved HDFC Bank to acquire up to a 9.5% stake in which of the
following bank/banks ?
A. AU Small Finance Bank
B. Kotak Mahindra Bank
C. Capital Small Finance Bank
D. Both A & B
E. All A, B & C
Ans : All A, B & C
The approval is valid until 1-year period, expiring on 2 January, 2026.
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