January 4, 2024 Current Affairs

1. What are India Ratings and Research's revised GDP growth estimate for India in the current fiscal year (FY'24)?

A.   6.7%

B.   6.2%

C.   7.5%

D.   7.1%

Answer: Option A

Explanation:

India Ratings and Research's revised GDP growth estimate for India in the current fiscal year stands at 6.7%. This upward revision reflects the agency's confidence in the robustness of the Indian economy, sustained government capital expenditure, and the potential for new private corporate capital expenditure. While risks exist, Ind-Ra remains hopeful about India's ability to overcome them and achieve steady economic growth.

2. Which state/union territory did the government approve the formation of a draft committee for the establishment of a Madrasa board?

A.   Ladakh

B.   Himachal Pradesh

C.   Punjab

D.   Jammu and Kashmir

Answer: Option D

Explanation:

The approval of the formation of a draft committee for the establishment of a Madrasa board in Jammu and Kashmir is a significant step towards improving the education system. This decision reflects the government's commitment to providing quality education and ensuring equal opportunities for all students. The Madrasa board will not only regulate and enhance the functioning of Madrasas but also contribute to the overall development of the education sector in the region. It is indeed a positive development that will have far-reaching implications for the future of education in Jammu and Kashmir.

3. Which state has been leading in ICJS entry rates for the third consecutive year, highlighting its commitment to technology in justice administration?

A.   Maharashtra

B.   Uttar Pradesh

C.   Karnataka

D.   Tamil Nadu

Answer: Option B

Explanation:

Uttar Pradesh's consistent leadership in ICJS entry rates reflects its unwavering dedication to leveraging technology in the administration of justice. By embracing the Inter-Operable Criminal Justice System, the state has transformed its criminal justice processes and set an inspiring example for others. Through their proactive approach, allocation of resources, and emphasis on awareness and collaboration, Uttar Pradesh has pioneered the integration of technology in justice administration, ultimately benefiting its citizens and the broader criminal justice system in India.

4. Which country has taken a digital leap by introducing fully digital Schengen visas for the 2024 Olympics?

A.   Germany

B.   France

C.   Italy

D.   Spain

Answer: Option B

Explanation:

France has set a remarkable precedent by implementing fully digital Schengen visas for the 2024 Olympics. Through their "Olympic Consulate" system, they have revolutionized the visa application process, making it more efficient, user-friendly, and secure. This significant digital leap showcases France's commitment to innovation and their determination to provide a seamless experience for international participants. As the first European Union member to adopt this approach, France has paved the way for other countries to embrace digital transformation in visa processing.

5. On which date is World Braille Day annually observed?

A.   January 3

B.   January 4

C.   February 2

D.   March 1

Answer: Option B

Explanation:

World Braille Day is a powerful reminder of the transformative impact of Louis Braille's invention. By creating a system that transcends barriers and empowers individuals with visual impairments, Braille's legacy lives on. Let us celebrate this day by honoring the contributions of Louis Braille, advocating for braille literacy, and working towards a more inclusive society.

6. Which country is hosting the FIH Hockey5s World Cup qualifiers?

A.   Oman

B.   Argentina

C.   Australia

D.   Netherlands

Answer: Option A

Explanation:

Oman's hosting of the FIH Hockey5s World Cup qualifiers is a testament to the country's unwavering commitment to excellence in sports. From its rising prominence on the global sporting stage to the magnificent sports complex that will serve as the battleground for intense hockey battles, Oman is ready to leave a lasting impression. As the hockey world converges on this vibrant nation, we can expect nothing less than a display of skill, determination, and the true spirit of sportsmanship.

7. Which bank recently concluded a successful issuance of $1 billion through a Syndicated Social Loan for the domestic ESG financing market?

A.   ICICI Bank

B.   HDFC Bank

C.   Axis Bank

D.   State Bank of India

Answer: Option D

Explanation:

The State Bank of India's recent issuance of a $1 billion Syndicated Social Loan showcases its pioneering role in the domestic ESG financing market. By securing this significant funding, SBI reinforces its commitment to sustainable finance and sets the stage for further growth and innovation within the banking industry. This remarkable achievement solidifies SBI's position as a catalyst for positive change and a leader in driving sustainable development in India.

8. Who has been appointed as the new Chairperson of the Federation of Associations in Indian Tourism & Hospitality (FAITH)?

A.   Nakul Anand

B.   Akash Saxena

C.   Puneet Chhatwal

D.   Priya Paul

Answer: Option C

Explanation:

the appointment of Puneet Chhatwal as the new Chairperson of FAITH ushers in a promising phase for the Indian tourism and hospitality sector. With his strategic vision and industry expertise, Chhatwal is poised to build upon the achievements of his predecessor and guide FAITH towards greater heights. As the industry eagerly awaits the implementation of new initiatives and policies, this leadership transition marks an exciting time of growth and transformation.

9. Who is the newly appointed president of the European Investment Bank?

A.   Nadia Calvino

B.   Werner Hoyer

C.   Angela Merkel

D.   Mario Draghi

Answer: Option A

Explanation:

Nadia Calvino's appointment as the president of the European Investment Bank marks a groundbreaking moment in the institution's history. Her expertise, dedication to sustainable development, and commitment to international collaboration make her well-suited to lead the EIB into a new era of economic growth and resilience. As the first woman and the first Spaniard in this role, Calvino's presidency represents a significant step towards diversity and inclusive leadership in major financial institutions.

10. Which communication satellite is set for launch in the historic collaboration between ISRO and SpaceX?

A.   GSAT-20

B.   INSAT-4A

C.   PSLV-C48

D.   Cartosat-2E

Answer: Option A

Explanation:

The collaboration between ISRO and SpaceX for the launch of GSAT-20 is a momentous occasion in the history of space exploration. With the combined expertise and technological prowess of both organizations, this partnership holds immense potential for advancing communication infrastructure and fostering global cooperation. As GSAT-20 takes flight, it propels India's space program to new heights, while also symbolizing the limitless possibilities that arise when nations come together for a common goal.

11. At which institution was the Rs 400 crore Demonstration Fast Reactor Fuel Reprocessing Plant inaugurated, marking a significant stride in enhancing India's nuclear prowess?

A.   Bhabha Atomic Research Centre

B.   Indira Gandhi Centre for Atomic Research

C.   Kakrapar Atomic Power Station

D.   Kudankulam Nuclear Power Plant

Answer: Option B

Explanation:

The inauguration of the Demonstration Fast Reactor Fuel Reprocessing Plant (DFRP) at the Indira Gandhi Centre for Atomic Research (IGCAR) marks a remarkable achievement for India's nuclear capabilities. It represents a significant stride forward in advancing nuclear technologies and reinforces India's position as a key player in the global nuclear arena. The DFRP's inauguration sets the stage for further progress in harnessing nuclear power, ultimately contributing to India's energy security and sustainable development.

12. Who has been appointed as the Executive Chairperson of the National Legal Services Authority (NALSA), succeeding Justice S. K. Kaul?

A.   Justice Dipak Misra

B.   Justice Rohinton Nariman

C.   Justice Sanjiv Khanna

D.   Justice Ranjan Gogoi

Answer: Option C

Explanation:

The appointment of Justice Sanjiv Khanna as the Executive Chairperson of NALSA marks a significant milestone in the legal landscape of India. With his wealth of experience and dedication to justice, Justice Khanna is well poised to lead NALSA and uphold its mission of ensuring access to justice for all. This appointment further strengthens the judiciary's commitment to maintaining the rule of law and promoting equality in our society.

13. What is the theme for the 10th edition of the Vibrant Gujarat Global Investors Summit?

A.   Future Collaborations

B.   Global Investment Opportunities

C.   Platform for Diplomats

D.   Gateway to the Future

Answer: Option D

Explanation:

the 10th edition of the Vibrant Gujarat Global Investors Summit with its theme "Gateway to the Future" holds immense significance. It serves as a platform for global collaborations, unveiling investment opportunities, and shaping a promising future. As Gujarat opens its doors to policymakers, diplomats, business leaders, and investors, it reaffirms its position as a gateway to prosperity, progress, and endless possibilities.

14. What is the nationality of Beatrice Chebet, the woman who broke the world record for the women's 5 km marathon at the Cursa dels Nassos in Barcelona?

A.   Ethiopia

B.   Jamaica

C.   Morocco

D.   Kenya

Answer: Option D

Explanation:

Beatrice Chebet's triumph at the Cursa dels Nassos is a testament to her exceptional talent, hard work, and unwavering determination. Breaking the world record for the women's 5 km marathon in Barcelona is a remarkable feat that places her among the elite athletes of our time. As we eagerly await World Athletics' ratification of this record, there is no doubt that Beatrice Chebet has left an indelible mark on the world of athletics, inspiring future generations to reach for the stars.

15. Who officially took over as the Flag Officer Commanding in Chief of the Western Naval Command (WNC) in Mumbai on January 3, 2024?

A.   Vice Admiral Dinesh K Tripathi

B.   Admiral Karambir Singh

C.   Vice-Admiral Sanjay Jasjit Singh

D.   Rear Admiral Shekhar Sinha

Answer: Option C

Explanation:

As Vice Admiral Sanjay Jasjit Singh takes the helm of the Western Naval Command, we can expect a continuation of excellence and a steadfast commitment to maritime security. His impressive track record, coupled with his strategic acumen, positions him as a strong leader who will guide the Western Naval Command towards new horizons. We wish Vice Admiral Singh great success in his new role and trust that his leadership will further strengthen the Indian Navy.