Beepedia Daily Current Affairs (Beepedia) 29th January 2025 PDF

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This document is a daily current affairs compilation focusing on current affairs and financial awareness for regulatory and banking exams. It includes questions and answers, and details of important events.

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Daily BeePedia 29th January 2025 INDEX RBI, Banking and Economy ___________________________________________ 3 SEBI and Financial Awareness _________________________________________ NABARD and Agriculture _________________...

Daily BeePedia 29th January 2025 INDEX RBI, Banking and Economy ___________________________________________ 3 SEBI and Financial Awareness _________________________________________ NABARD and Agriculture ___________________________________________ National __________________________________________________________ 3 International _____________________________________________________ 3 States____________________________________________________________ 3 Reports and Indexes _______________________________________________ 4 Science and Technology ___________________________________________ 5 Defence __________________________________________________________ 6 Events ___________________________________________________________ 6 Awards & Rewards ___________________________________________________ Appointments _____________________________________________________ 6 Important Days ___________________________________________________ Obituaries_________________________________________________________ Books ___________________________________________________________ Sports ___________________________________________________________ 7 Download important documents:  Weekly & Monthly BeePedia: https://www.ixambee.com/beepedia-gk-updates- capsule?utm_source=ixamBee&utm_medium=header&utm_campaign=beepedia  Hindi Weekly & Monthly BeePedia: https://www.ixambee.com/hi/beepedia-gk-updates- capsule For feedback, please contact: Email id: [email protected] 1 | P a g e For All ixamBee Mock Tests , Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Daily BeePedia 29th January 2025 Memory check 28th January 2025 1: What step has the Reserve Bank of India (RBI) taken to ease the liquidity crunch in the banking system? A) Increased CRR (Cash Reserve Ratio) B) Conducted a $10 billion USD/INR swap auction C) Announced bond purchases worth ₹600 billion in three tranches D) Reduced the repo rate by 1% E) Introduced new ₹2000 banknotes 2: What percentage of digital payments in India was accounted for by UPI in 2024? A) 34% B) 56% C) 72% D) 83% E) 90% 3: What was India's total foreign exchange (forex) reserves as of January 17, 2025? A) $533.133 billion B) $704.885 billion C) $623.983 billion D) $500 billion E) $568.765 billion 4: Which Indian state became the first to implement the Uniform Civil Code (UCC) post- independence? A) Maharashtra B) Gujarat C) Himachal Pradesh D) Uttarakhand E) Madhya Pradesh 5: Why did the USAID suspend funding to Bangladesh in 2024? A) Due to Bangladesh's refusal to comply with UN sanctions B) Because of Donald Trump’s 90-day foreign aid suspension policy C) As a response to increased trade restrictions by China D) Due to economic instability in the country E) In response to IMF recommendations Answer key at the end of the file 2 | P a g e For All ixamBee Mock Tests , Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Daily BeePedia 29th January 2025 RBI, Banking and Economy DPIIT and JKEDI sign MoU to strengthen startup ecosystem in Jammu & Kashmir  DPIIT and JKEDI signed an MoU to strengthen the startup ecosystem in Jammu & Kashmir, focusing on mentorship, funding, and market linkages.  The agreement, signed during the "Jammu Kashmir Konnect" program at JKEDI’s Baribrahamna campus, aims to expand Startup India’s outreach in the region.  The MoU will facilitate branding, knowledge exchange, infrastructure support, and international expansion opportunities for startups.  Over 250 new startups have been registered since the launch of the JK Startup Policy (March 2024), raising the total to 988 on the DPIIT portal.  JKEDI conducted 601 Entrepreneurship Awareness Programs (EAPs) in universities, colleges, and schools across 20 districts without incurring expenses.  The event provided a platform for incubators from IIT-Jammu, IIM-Jammu, NIT-Srinagar, and other institutions to discuss startup challenges and policy-level support.  The initiative marks a milestone in J&K’s startup ecosystem, ensuring aspiring entrepreneurs get necessary support to thrive. NATIONAL India-Oman Joint Commission Meeting held  Union Minister Piyush Goyal visited Oman (27-28 January 2025) and co-chaired the 11th India-Oman Joint Commission Meeting (JCM) with Minister Qais bin Mohammed Al Yousef, discussing trade, investment, food security, and renewable energy.  Both sides agreed to expedite negotiations for the India-Oman Comprehensive Economic Partnership Agreement (CEPA) to enhance bilateral trade and investments.  The India-Oman Double Taxation Avoidance Agreement (DTAA) was amended to simplify tax procedures and promote cross-border taxation cooperation.  The visit reinforced India-Oman relations, paving the way for deeper collaboration in trade, investment, and economic growth. Learn Along: About Oman Capital: Muscat Currency: Omani Rial INTERNATIONAL First-Ever Pashmina Festival Held in Kathmandu  Nepal hosted its first International Pashmina Festival (three-day event) to promote Chyangra Pashmina, known for its high quality, softness, and warmth.  The festival, organized by Nepal Pashmina Industries Association and Confederation of Nepalese Industries, featured over 150 domestic stalls, including 40 showcasing pure Nepali Pashmina.  Traditional weaving methods and natural dyes are used to produce authentic Pashmina, with hand- spun wool combed from Pashmina goats during shedding season.  Nepali Pashmina competes globally with China and Mongolia and has a strong market in America, Japan, and Europe. Learn Along: About Nepal Capital: Kathmandu Currency: Nepalese Rupee Prime Minister: K. P. Sharma Oli STATES Tripura becomes first North East State to sign MoU with Bhashini for Multi-lingual Governance 3 | P a g e For All ixamBee Mock Tests , Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Daily BeePedia 29th January 2025  Tripura signed an MoU with Digital India Bhashini Division (DIBD), MeitY, to promote regional languages in governance and digital participation.  The agreement was signed during the ‘Bhashini Rajyam’ workshop in Agartala, highlighting AI and NLP-powered real-time translation, speech-to-text, and text-to-speech features.  Bhashini aims to bridge the digital and literacy divide, ensuring internet accessibility and multilingual governance in 22 Indian languages.  It will integrate with CM Helpline, eVidhan, Kisan Sahayata App, and e-Districts to enhance local governance and education.  Tripura is the first northeastern state and eighth in India to adopt Bhashini, emphasizing digital inclusivity and citizen-centric governance.  The initiative will support CCTNS for FIR translations, voice-based data entry, and multilingual communication in rural and tribal areas.  Bhashini’s integration will strengthen Tripura’s e-Governance, reduce the digital divide, and empower linguistic communities.  This MoU reinforces Tripura’s commitment to leveraging technology for inclusive governance and multilingual accessibility. Learn Along: About Tripura Capital: Agartala Chief minister: Manik Saha Governor: N. Indrasena Reddy REPORTS AND INDEXES State of India’s Digital Economy Report 2024  India is the third-largest digitalized economy globally and ranks 12th among G20 nations in individual digital adoption, as per the State of India’s Digital Economy Report 2024.  The digital economy is growing twice as fast as the overall economy, projected to contribute 20% of GDP by 2029-30, surpassing agriculture and manufacturing.  In 2022-23, the digital economy contributed 11.74% of GDP (INR 31.64 lakh crore/USD 402 billion) and employed 14.67 million workers (2.55% of the workforce), with productivity nearly five times higher than the rest of the economy.  Key drivers include the rise of AI, cloud services, and Global Capability Centers (GCCs), with India hosting 55% of the world’s GCCs.  BFSI sector sees 95% digital banking transactions, while retail, education, hospitality, and logistics are rapidly adopting AI, hybrid models, and digital tools.  Retail is shifting to omni-channel models, while hospitality and logistics embrace AI and the metaverse, but small firms lag in digital adoption.  Digital platforms are growing at 30% annually, significantly outpacing traditional sectors, with 58.07% of digital jobs in enabling industries like ICT and electronic manufacturing.  Women’s workforce participation is rising due to digital platforms, helping overcome mobility and safety barriers in employment.  The digital economy will be a key driver of economic growth and employment, transforming industries and shaping India’s future workforce.  Investments in digitalization and innovation will continue to accelerate India’s transition into a leading global digital economy by 2030. 4 | P a g e For All ixamBee Mock Tests , Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Daily BeePedia 29th January 2025 SCIENCE AND TECHNOLOGY ISRO set for a historic 100th launch from Sriharikota  ISRO is set to oversee the 100th launch from the Satish Dhawan Space Centre (SDSC), Sriharikota with the GSLV-F15 mission.  The first launch on August 10, 1979, carried the Rohini Technology Payload but was only partially successful; A.P.J. Abdul Kalam led the mission.  Sriharikota was chosen for its ideal launch azimuth corridor, proximity to the equator, and large safety zone.  Key missions include Chandrayaan-1 (2008), Chandrayaan-2 (2019), Chandrayaan-3 (2023), Mars Orbiter Mission (2013), and Aditya-L1 (2023). 5 | P a g e For All ixamBee Mock Tests , Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Daily BeePedia 29th January 2025  PSLV-C37 (2017) set a record by launching 104 satellites in a single flight, later surpassed by SpaceX Falcon 9 (2021) with 143 satellites.  The agency has also faced failures, including GSLV-F02 (2006), GSLV-D3 (2010), and GSLV-F10 (2021).  ISRO has launched multiple vehicle missions, including PSLV (62), GSLV (16), LMV3 (7), SSLV (3), and RLV missions. Learn Along: About ISRO Formed: 15 August 1969 Headquarters: Bengaluru, Karnataka Chairman: V Narayanan DEFENCE ICG and Indonesian Coast Guard renew MoU for another three years  Indian Coast Guard (ICG) and Indonesia Coast Guard (BAKAMLA) renewed their MoU on Maritime Safety and Security Cooperation for another three years on January 27, 2025 in New Delhi.  The 2nd High-Level Meeting (HLM) was led by ICG Director General Paramesh Sivamani and BAKAMLA Chief Vice Admiral Irvansyah, with an eight-member Indonesian delegation visiting India.  Discussions focused on Maritime Search and Rescue, Pollution Response, and Maritime Law Enforcement, with emphasis on sharing best practices and professional exchanges.  ICG Ship Shaunak is on a deployment to Jakarta (January 27-30, 2025) to strengthen operational ties with BAKAMLA.  The renewed MoU reinforces the commitment of India and Indonesia to a secure and cooperative Indo-Pacific maritime environment. Learn Along: About Indian Coast Guard Founded: 1 February 1977 Director General: Paramesh Sivamani EVENTS Utkarsh Odisha' - Make in Odisha Conclave 2025  PM Narendra Modi inaugurated the Utkarsh Odisha – Make in Odisha Conclave 2025 and Make in Odisha Exhibition in Bhubaneswar, highlighting Odisha’s role as an emerging industrial and investment hub.  He emphasized Eastern India's historical significance in global trade, particularly Odisha’s strategic ports and connection to South East Asia, with ASEAN nations showing renewed interest in strengthening ties.  Odisha is becoming a leader in food processing, petrochemicals, IT, textiles, tourism, mining, and green energy, with policies promoting hydrogen energy and solar power missions.  Odisha has immense tourism potential, with 500 km of coastline, 33% forest cover, and historic sites, supporting initiatives like "Wed in India" and "Heal in India".  India’s concert economy is growing, with major global artists performing in India, boosting tourism and job creation, and Odisha can leverage this trend. Learn Along: About Odisha Chief minister: Mohan Charan Majhi Capital: Bhubaneswar Governor: Hari Babu Kambhampati APPOINTMENTS Organization News Learn Along Name Bureau of Civil The Central Government has appointed Amrit Mohan Prasad, the Founded: Aviation Security Director General (DG) of Sashastra Seema Bal (SSB), to hold the January 1978 additional charge as the Director General (DG) of the Bureau of Civil Aviation Security (BCAS). The appointment is set for six months, starting 6 | P a g e For All ixamBee Mock Tests , Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Daily BeePedia 29th January 2025 from November 1, 2024, or until the regular incumbent joins, whichever comes first. IDBI Bank IDBI Bank’s Board approved the re-appointment of Rakesh Sharma as Founded: MD & CEO for three years from March 19, 2025, following RBI’s 1 July 1964 approval. Headquarters He has led IDBI Bank since October 2018 and previously served as MD : Mumbai & CEO of Canara Bank (2015-2018) before his retirement. SPORTS Prime Minister Narendra Modi inaugurates 38th National Games in Dehradun  PM Narendra Modi inaugurated the 38th National Games in Dehradun, Uttarakhand, coinciding with the state's 25th anniversary.  The event, themed ‘Green Games’, promotes eco-friendly practices, with medals made from e-waste and tree plantations for winners.  Khelo India initiatives were highlighted for fostering young athletes, along with recent Winter Games in Ladakh and Beach Games.  India’s sports equipment industry, particularly Meerut’s contribution, was emphasized for its economic impact and employment generation.  Declaring the National Games open, he emphasized unity through sports, encouraged athletes to explore India’s culture, and called for a plastic-free Uttarakhand.  Monal (Mauli), the state bird of Uttarakhand and Himachal Pradesh, has been accepted as the mascot for the 38th National Games, being held in Uttarakhand in 2025. Australia secure third ICC Women's Championship title under ecstatic Captain Healy  Australia Women won the ICC Women's Championship 2022-25, securing 18 wins in 24 matches, topping the 10-nation tournament.  They dominated the 50-over format, winning 9 out of 10 games, showcasing consistent performances across the championship.  Alyssa Healy, Australian wicketkeeper-batter, expressed excitement over the victory and confidence for the upcoming Women's ODI World Cup 2025.  The 13th edition of the Women’s ODI World Cup will be held in India (August-September 2025), where Australia will defend their title. 7 | P a g e For All ixamBee Mock Tests , Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Daily BeePedia 29th January 2025 Answer key to Memory check Q:1- c Q:2- d Q:3- c Q:4- d Q:5- b Sources of the News: The Hindu,The Indian Express,Business Standard, The Financial Express ,PIB, etc. 8 | P a g e For All ixamBee Mock Tests , Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected]

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