Current Affairs Quiz: International Relations 2024
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Questions and Answers

Which country is being considered to join the Comprehensive & Progressive Agreement for Trans-Pacific Partnership (CPTPP)?

  • United Arab Emirates
  • Russia
  • India (correct)
  • Saudi Arabia
  • Which UN conference focused on combating desertification was held in Riyadh?

  • UNFCCC
  • COP15
  • COP16 (correct)
  • COP17
  • What was the central theme of the UNCCD COP16 held in Riyadh?

  • Our Land. Our Future (correct)
  • Global Trade
  • Climate Change
  • Technological Advancement
  • Prior to which state leader's India visit did Rajnath Singh visit Russia?

    <p>Vladimir Putin (C)</p> Signup and view all the answers

    What type of naval vessel is INS Tushil (F70)?

    <p>Multi-role stealth guided missile frigate (D)</p> Signup and view all the answers

    Which country hosted the 16th UNCCD Conference of the Parties (COP16)?

    <p>Saudi Arabia (C)</p> Signup and view all the answers

    With whom did S Jaishankar hold discussions regarding the Comprehensive & Progressive Agreement for Trans-Pacific Partnership?

    <p>Sheikh Abdullah Bin Zayed Al Nahyan (C)</p> Signup and view all the answers

    In which city was the 4th Strategic Dialogue between India and the UAE held?

    <p>New Delhi (B)</p> Signup and view all the answers

    What is the maximum reimbursement percentage offered by the scheme for transporting cargo over 300km on NW1, NW2, and NW16?

    <p>35% (D)</p> Signup and view all the answers

    Which organization was responsible for organizing the inaugural India Maritime Heritage Conclave 2024?

    <p>Ministry of Ports, Shipping and Waterways (MoPSW) (D)</p> Signup and view all the answers

    What was the central theme of the India Maritime Heritage Conclave 2024?

    <p>Towards Understanding India's Position in Global Maritime History (B)</p> Signup and view all the answers

    Which legislative act was replaced by the Bharatiya Vayuyan Vidheyak 2024?

    <p>The Aircraft Act 1934 (C)</p> Signup and view all the answers

    In which month was the Bharatiya Vayuyan Vidheyak 2024 passed by Lok Sabha?

    <p>August (C)</p> Signup and view all the answers

    What is the primary aim of the Bharatiya Vayuyan Vidheyak (BVV) 2024?

    <p>To modernize India's aviation regulatory framework. (C)</p> Signup and view all the answers

    Which Union Minister unveiled India's Green Steel Taxonomy on December 12, 2024?

    <p>H.D.Kumaraswamy (D)</p> Signup and view all the answers

    How many countries participated with experts and academicians in the India Maritime Heritage Conclave?

    <p>11 (D)</p> Signup and view all the answers

    Which Japanese prefecture signed MoUs with Uttar Pradesh to enhance economic and cultural cooperation?

    <p>Yamanashi (D)</p> Signup and view all the answers

    What is the total amount of the house construction assistance that each family will receive under the Uttar Pradesh scheme?

    <p>Rs. 120,000 (C)</p> Signup and view all the answers

    What is the primary objective of the 'Prakrutik Krushi Portal' launched in Gujarat?

    <p>To promote organic farming (C)</p> Signup and view all the answers

    What is the total loan amount, in USD, that the World Bank approved for the Amaravati Integrated Urban Development Project?

    <p>USD 800 million (A)</p> Signup and view all the answers

    What is the grace period for the World Bank loan provided for the Amaravati Integrated Urban Development Project?

    <p>6 years (D)</p> Signup and view all the answers

    In what currency has India chosen to take the loan from the World Bank for the Amaravati project?

    <p>Japanese Yen (A)</p> Signup and view all the answers

    Which occasion marked the launch of the 'Prakrutik Krushi Portal' by CM Bhupendra Patel?

    <p>Two Years of Exceptional Service and Dedication (B)</p> Signup and view all the answers

    Which political leader inaugurated the Rajasthan Global Investment Summit?

    <p>Narendra Modi (D)</p> Signup and view all the answers

    What is the interest rate for a 3-Year Post Office Time Deposit (POTD)?

    <p>7.1% (A)</p> Signup and view all the answers

    What is the interest rate for Savings Deposit?

    <p>4.0% (A)</p> Signup and view all the answers

    The Suposhit Gujarat Mission aims to contribute towards what?

    <p>Ensuring a healthy, educated future generation. (B)</p> Signup and view all the answers

    Which instrument offers the highest interest rate?

    <p>5-Year Post Office Time Deposits (POTD) (B)</p> Signup and view all the answers

    When will the mentioned initiative, related to the Suposhit Gujarat Mission, officially commence?

    <p>December 11, 2024 (C)</p> Signup and view all the answers

    When does the interest rate for these schemes apply?

    <p>From 1st January, 2025 to 31st March, 2025 (A)</p> Signup and view all the answers

    For how many consecutive quarters of FY25 has the interest rate on Small Savings Schemes remained unchanged?

    <p>Four (D)</p> Signup and view all the answers

    By how many years has the deadline for implementing the 30% market share cap for UPI providers been extended in total since its original proposal?

    <p>4 years (D)</p> Signup and view all the answers

    Which Ministry is responsible for maintaining the interest rates on Small Savings Schemes?

    <p>Ministry of Finance (A)</p> Signup and view all the answers

    What is the market share cap for Unified Payments Interface (UPI) providers?

    <p>30% (D)</p> Signup and view all the answers

    What is the interest rate for the Public Provident Fund (PPF)?

    <p>7.1% (D)</p> Signup and view all the answers

    In which year was a 30% market share cap for UPI first proposed by NPCI?

    <p>2020 (B)</p> Signup and view all the answers

    What is the interest rate offered for the Post Office Monthly Income Scheme (PO-MIS)?

    <p>7.4% (A)</p> Signup and view all the answers

    How many times has the NPCI extended the market share cap deadline for UPI apps?

    <p>Three times (D)</p> Signup and view all the answers

    Which of the small savings schemes provides the highest interest rate?

    <p>Senior Citizens' Savings Scheme(SCSS) (B)</p> Signup and view all the answers

    What is the time period for the 4th Quarter of Financial Year 2024-25 (Q4FY25) for the Small Savings Schemes?

    <p>January 1, 2025 to March 31, 2025 (A)</p> Signup and view all the answers

    What was the average Monthly Per Capita Consumption Expenditure (MPCE) in rural India during 2023-24, according to the Household Consumption Expenditure Survey?

    <p>Rs 4,122 (B)</p> Signup and view all the answers

    By approximately what percentage did the average MPCE in urban India increase in 2023-24 compared to 2022-23?

    <p>8% (B)</p> Signup and view all the answers

    What is the predicted growth rate of the Indian economy for the Financial Year 2025-26 (FY26), according to the Ministry of Statistics and Programme Implementation (MoSPI)?

    <p>6.6% (A)</p> Signup and view all the answers

    According to the Department of Economic Affairs (DEA), what growth rate is projected for the Indian economy in Financial Year 2024-25 (FY25)?

    <p>6.5% (D)</p> Signup and view all the answers

    Which of the following best describes the economic outlook for the Indian economy in the 3rd Quarter (Q3) of FY25?

    <p>Recovery is expected after a slowdown, with growth impacted by lasting COVID-19 effects. (A)</p> Signup and view all the answers

    What was a key recommendation made during the 55th GST Council Meeting relating to Fortified Rice Kernels (FRK)?

    <p>A reduction in GST rate to 5% (C)</p> Signup and view all the answers

    What was the major decision taken during the 55th GST Council meeting regarding Gene Therapy?

    <p>Gene therapy was completely exempted from GST. (D)</p> Signup and view all the answers

    Where was the 55th Goods and Services Tax (GST) Council meeting held?

    <p>Jaisalmer, Rajasthan (B)</p> Signup and view all the answers

    Flashcards

    What is CPTPP?

    An international trade agreement between 11 countries in the Asia-Pacific region encouraging free trade and economic growth.

    What is the UNCCD?

    A major UN convention focused on combating desertification and land degradation, promoting sustainable land management practices.

    What is the COP16 of the UNCCD?

    The 16th Conference of the Parties (COP16) to the UNCCD, held in Riyadh, Saudi Arabia, brought together nations to address land degradation and drought resilience.

    What was the Theme for the COP16 of the UNCCD?

    The theme for the COP16 of the UNCCD, highlighting the interconnectedness of land and future well-being, emphasizes sustainable land management practices.

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    Why did India participate in the COP16?

    India's participation in the COP16 of the UNCCD reflects their commitment to combating desertification and promoting sustainable land management.

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    What were the goals of the COP16 of the UNCCD?

    The COP16 of the UNCCD aimed to foster global cooperation, boost investment, and strengthen efforts to restore degraded land for the benefit of people and the planet.

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    What is the Indian Naval Ship Tushil?

    The Indian Naval Ship (INS) Tushil, commissioned in December 2024, is a modern multi-role stealth guided missile frigate designed for a range of naval operations.

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    Why is the commissioning of INS Tushil important?

    The commissioning of INS Tushil in December 2024 signifies a significant addition to the Indian Navy's capabilities and underscores India's commitment to naval modernization.

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    India Maritime Heritage Conclave (IMHC 2024)

    The Ministry of Ports, Shipping and Waterways (MoPSW) organized the 1st India Maritime Heritage Conclave (IMHC 2024) in New Delhi. The event aimed to celebrate India's maritime history and its contributions to global trade, culture, and innovation.

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    IMHC 2024 Theme

    The theme of the IMHC 2024 was "Towards Understanding India’s Position in Global Maritime History."

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    Bharatiya Vayuyan Vidheyak (BVV) 2024

    The Bharatiya Vayuyan Vidheyak (BVV) 2024 replaced the outdated Aircraft Act of 1934, aiming to modernize India's aviation regulations, reduce redundancies, and make the sector more business-friendly.

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    BVV 2024 Passage and Approval

    The BVV 2024 was passed by both Houses of Parliament in India, the Lok Sabha and Rajya Sabha, and received presidential assent from Droupadi Murmu.

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    Cargo Transportation Reimbursement Scheme

    The scheme offered up to a 35% reimbursement of operating expenses for transporting cargo over 300 kilometers on NW1, NW2, and NW16.

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    Green Steel Taxonomy

    A green steel taxonomy is a classification system that defines what constitutes sustainable steel production. It helps promote eco-friendly practices in the steel industry.

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    Green Steel Taxonomy Unveiling

    On December 12, 2024, Union Minister H.D. Kumaraswamy unveiled India's Green Steel Taxonomy.

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    Memorandum of Understanding (MoU)

    An agreement between two or more parties to cooperate in specific areas, like economic development and cultural exchange.

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    Organic Farming

    A type of farming that avoids the use of synthetic pesticides and fertilizers, relying on natural methods and inputs.

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    Prakrutik Krushi Portal

    An online platform designed to promote and support organic farming practices.

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    Amaravati Integrated Urban Development Project (AIUDP)

    A project aimed at developing Amaravati as a sustainable and modern capital city of Andhra Pradesh.

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    World Bank Loan

    A loan provided by the World Bank to support the development of a specific project or program.

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    Japanese Yen (JPY)

    The currency used in Japan.

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    Grace Period

    The period of time after the loan disbursement before the borrower is required to start making repayments.

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    Final Maturity

    The total time over which a loan is repaid, including the grace period.

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    Savings Certificate

    A financial instrument where a fixed amount of deposit is made for a specific period, earning a predetermined rate of interest. Often used for saving or short-term investment.

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    Post Office Time Deposit (POTD)

    A type of savings account offering higher interest rates compared to regular savings accounts. Interest rates can vary based on the deposit amount and maturity period.

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    Unified Payments Interface (UPI)

    A digital payment system that allows users to send and receive money instantly using their smartphones or computers.

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    Market Share Cap

    A limit imposed on the market share a single provider can hold in a specific market, like the UPI payment system.

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    NPCI

    The National Payments Corporation of India, responsible for overseeing and managing the UPI payment system.

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    Rural Monthly Per Capita Consumption Expenditure (MPCE)

    The average amount spent by individuals in rural India on goods and services each month.

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    Urban Monthly Per Capita Consumption Expenditure (MPCE)

    The average amount spent by individuals in urban India on goods and services each month.

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    Interest Rate on Savings Certificate

    The interest rate offered on a savings certificate, typically ranging from 4% to 7.5% depending on the type of savings instrument.

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    Q4FY25

    The period in which the interest rates on small savings schemes are valid, typically set for a quarter.

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    Household Consumption Expenditure Survey (HCES)

    A survey conducted by the Ministry of Statistics and Programme Implementation (MoSPI) that tracks household spending patterns in India.

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    Goods and Services Tax (GST)

    A tax levied on goods and services in India. It is administered by the Goods and Services Tax Council.

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    Rate of Interest

    The rate at which a particular investment or savings instrument is increasing in value.

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    GST Council

    A group of representatives from different states in India that decides on GST policies and rates.

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    Fortified Rice Kernels (FRK)

    A type of rice that has added nutrients to improve its nutritional value.

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    Gene Therapy

    A type of medical treatment that involves replacing defective genes with healthy ones.

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    Department of Economic Affairs (DEA)

    The department within the Ministry of Finance responsible for economic policy and analysis in India.

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    Interest Rates on Small Savings Schemes (SSS) for Q4 FY25

    The Department of Economic Affairs (DEA-Budget Division), Ministry of Finance (MoF), decided to keep interest rates unchanged for Small Savings Schemes (SSS) for the fourth quarter of the financial year 2024-25 (Q4 FY25).

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    Consecutive Quarters with Unchanged Interest Rates

    The interest rates on Small Savings Schemes (SSS) remained unchanged for the fourth consecutive quarter of the fiscal year 2024-25 (FY25).

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    What are Small Savings Schemes (SSS)?

    The Small Savings Schemes (SSS) are government-backed investment options that offer guaranteed returns to individuals. They are popular choices for long-term savings and tax benefits.

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    What is the Public Provident Fund (PPF)?

    The Public Provident Fund (PPF) is a long-term savings scheme that provides tax benefits and a guaranteed return.

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    What is the Sukanya Samriddhi Yojana (SSY)?

    The Sukanya Samriddhi Yojana (SSY) is a government savings scheme specifically designed to encourage the education and marriage of girls.

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    What is the National Savings Certificate (NSC)?

    The National Savings Certificate (NSC) is a government-issued investment option that offers a fixed rate of return and tax benefits.

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    What is the Senior Citizen Savings Scheme (SCSS)?

    The Senior Citizen Savings Scheme (SCSS) is a savings scheme designed specifically for individuals aged 60 years and above.

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    What is the Post Office Monthly Income Scheme (PO-MIS)?

    The Post Office Monthly Income Scheme (PO-MIS) is a savings scheme that provides regular monthly income to investors.

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    Study Notes

    Current Affairs Digest January 2025

    • National Sports Awards 2024: Manu Bhaker, Harmanpreet Singh, Gukesh D, and Praveen Kumar received the Major Dhyan Chand Khel Ratna 2024 award.
    • Exercise Surya Kiran: 18th edition of the India-Nepal joint military exercise commenced in December 2024 in Nepal.
    • India State of Forest Report 2023: India's total forest and tree cover in 2023 was 827,357 sq km (approximately 25% of India's geographical area).
    • Bald Eagle as US National Bird: The US declared the Bald Eagle as its national bird after 240 years.
    • Pro Kabaddi League 2024: Haryana Steelers won the PKL Title 2024.
    • Dr Manmohan Singh's passing: Former Indian Prime Minister Dr. Manmohan Singh passed away at 92 years old.
    • Gukesh Dommaraju's Chess win: Indian grandmaster Gukesh Dommaraju became the youngest world champion at 18 years, 8 months, and 14 days.
    • Sanjay Malhotra appointed as RBI Governor: Sanjay Malhotra was appointed as the 26th Governor of the Reserve Bank of India.
    • Zakir Hussain's passing: Renowned Indian tabla player Zakir Hussain passed away at the age of 73.

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    Description

    Test your knowledge on recent developments in international relations and environmental conferences. This quiz covers topics such as the CPTPP, UNCCD COP16, and India's maritime heritage. Challenge yourself to see how well you understand these current events!

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