Genius Current Affairs 10 Jan 2025 in English
Genius Current Affairs 10 Jan 2025 in English
Presents
GENIUS
CURRENT
AFFAIRS
In ENGLISH
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Ques : Who has been appointed as the Managing Director (MD) and Chief Executive
Officer (CEO) of TATA AIG General Insurance Company?
Answer : Option C
Explanation :
• TATA AIG General Insurance Company operates in the general insurance sector,
offering a range of non-life insurance products.
• TATA AIG General Insurance is a joint venture between the TATA Group and
American International Group (AIG), combining domestic and global expertise.
• Jatinder Pal Singh : CEO of ITI Asset Management (ITI AML) (succeeding Hitesh
Thakkar)
• Rajat Verma : CEO of DBS Bank India (succeeding Surojit Shome)
• Anup Kumar Sinha : Reappointment as Bandhan Bank's non-executive chairman
• Amitava Chatterjee : Managing director (MD) and CEO J&K Bank
• Alok Aggarwal : Managing Director and CEO of Brookfield India Real Estate Trust
• R Subramaniakumar : MD & CEO of RBL Bank
• Ram Mohan Rao Amara : Managing Director of State Bank of India (SBI)
• George Heber Joseph : Chief investment officer (CIO) of the newly- incorporated
joint venture firm Jio BlackRock Asset Management Company (AMC)
• Manish Jain : Executive Director of YES Bank
• R Ramaseshan : Part-time Chairman’ (independent director) of Jana Small Finance
Bank (JSFB) Limited (Replaced Subhash Khuntia)
• Bhavesh Jain : Managing Director and CEO of TransUnion CIBIL
• Sanjay Malhotra : 26th Governor of the Reserve Bank of India (RBI) for three years
• Vaibhav Chaturvedi : ex-officio member of the Insolvency and Bankruptcy Board of
India (IBBI)
• Vijay Chandok : MD & CEO of National Securities Depository Limited (NSDL)
(Replaced Padmaja Chunduru)
• Masato Kanda : 11th president of the Asian Development Bank (ADB)
• Nand Kishore : Managing Director and CEO of SBI Funds Management
(a) 5.6%
(b) 5.8%
(c) 6%
(d) 6.4%
(e) 7.2%
Answer : Option D
Explanation :
• India's Gross Domestic Product (GDP) is expected to expand at 6.4% in fiscal year
2024-25, a four-year low and a substantial decrease from the 8.2% growth achieved
in FY24, according to the government's initial advance forecasts.
• The prognosis is lower than the latest Reserve Bank estimate of 6.6 percent for the
current fiscal year, which ends March 2025.
• The NSO released its first advance estimates of national income for 2024-25, stating
that "real GDP has been estimated to grow by 6.4 percent in FY2024-25 as compared
to the growth rate of 8.2 percent in the Provisional Estimate (PE) of GDP for FY2023-
24". The report also showed that real Gross Value Added (GVA) is predicted to
increase by 6.4% in FY25, down from 7.2% in FY24. In contrast, nominal GVA is
expected to expand at 9.3% in FY25, slightly higher than 8.5% in the previous fiscal
year.
Answer : Option C
Explanation :
• Bajaj brokerage, the brokerage arm of Bajaj Finance Ltd., has teamed up with
Tamilnad Mercantile Bank (TMB) to launch a comprehensive 3-in-1 account solution
that combines banking, broking, and investing services on a single platform.
• As part of its expansion strategy, Bajaj Broking is increasing its physical presence
throughout India. The company intends to expand its branch network to more than
50 locations by March 2025, with an emphasis on metro cities as well as Tier 2 and
Tier 3 markets.
• The Assam government has inked a Memorandum of Understanding (MoU) with SBI
and UBI to provide insurance coverage to state government employees.
• The Reserve Bank Innovation Hub (RBIH) has teamed with Vivifi Finance to start a
pilot operation offering unsecured loans to gig workers.
• Mizoram government entered into a Memorandum of Agreement (MoA) with its
partner banks – State Bank of India (SBI), Mizoram Rural Bank (MRB), and Mizoram
Cooperative Apex Bank Limited (MCAB) for the disbursement of loans under the Bana
Kaih (handholding) Scheme.
• Punjab National Bank (PNB) and Federation of Cold Storage Associations of India
(FCAOI) have signed an MoU to improve agricultural infrastructure and cold chain
development in India
• Tata Consultancy Services (TCS) partnered with Bank of Bhutan, Bhutan's largest
commercial bank, to modernize its digital core and improve customer experience.
• Magma HDI General Insurance has partnered with IndoStar Capital Finance Limited
(ICFL), a prominent NBFC to enhance the availability of motor, health, and
commercial insurance solutions for customers.
• M2P Fintech has partnered with the State Bank of India (SBI) to provide smooth and
safe payment experiences.
• Tata Power Renewable Energy, a unit of Tata Power, has partnered with Canara
Bank to offer cheap financing for rooftop solar installations.
• The Department for Promotion of Industry and Internal Trade (DPIIT) has signed an
MoU with HDFC Bank, India's largest private sector bank by assets, to provide
entrepreneurs with world-class banking and financial services.
• Aditya Birla Housing Finance (ABHFL) has partnered with the National Housing Bank
(NHB) to further the Pradhan Mantri Awas Yojana's (PMAY) mission of 'Housing for
All'.
• Times Internet, in cooperation with ICICI Bank, has launched the Times Black ICICI
Bank Credit Card, an ultra-premium offering designed for high-net-worth individuals
(HNIs) and wealthy clients.
• Federal Bank has partnered with Ecofy, India's first green-only non-banking
financial company (NBFC) backed by Eversource Capital, to offer innovative
financing options for MSMEs investing in commercial rooftop solar installations.
• Manipal Academy of BFSI (MABFSI), a leading learning solutions provider for the
BFSI sector, has partnered with Axis Bank to launch a Women-Exclusive Cohort under
the Axis Bank Young Bankers Program (ABYB).
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Ques : Nitin Gadkari, Union Minister of traffic Transport and Highways, has
announced a new plan that will provide cashless treatment to traffic accident
victims. What is the maximum financial help provided by the new cashless
treatment system for road accident victims?
Answer : Option A
Explanation :
• Nitin Gadkari, Union Minister of traffic Transport and Highways, has announced a
new plan that will provide cashless treatment to traffic accident victims.
• Once the police are notified within 24 hours of the accident, the policy will
immediately cover the victim's treatment costs for 7 days, up to a maximum of Rs 1.5
lakh.
• Gadkari also emphasized road safety as a primary issue. In 2024, 1.8 lakh people
died in traffic accidents across India. Approximately 30,000 people died as a result
of not wearing helmets.
• Another alarming figure is that 66% of fatal accident victims were aged 18 to 34.
Additionally, improper access and exit points near schools and colleges resulted in
the deaths of 10,000 children.
Answer : Option B
Explanation :
Ques : India signed MOU with which country on Non-Basmati White Rice Trade ?
(a) Indonesia
(b) Sweden
(c) Bhutan
(d) Mauritius
(e) Dubai
Answer : Option A
Explanation :
• The Union Cabinet has approved the Memorandum of Understanding (MoU) agreed
between the Union Ministry of Cooperation and Indonesia's Ministry of Trade.
Answer : Option C
Explanation :
• Om Birla, Lok Sabha Speaker, launched the Gandhi Darshan Art Gallery at Rajghat in
New Delhi.
• More than 80 artists have exhibited their work in the gallery, portraying the Father
of the Nation, Mahatma Gandhi, in a distinctive and modern manner.
• Darshan Art Gallery will educate today's youngsters about Gandhian principles.
• The event was organized by the Ministry of Culture, Lalit Kala Academy, and Gandhi
Smriti and Darshan Samiti.
• Prime Minister Narendra Modi has inaugurated the 13-kilometer extension of the
Delhi-Ghaziabad-Meerut Namo Bharat route. The corridor, worth Rs 4.600 crore.
• Union Home Minister Amit Shah inaugurated the BHARATPOL platform, designed by
the Central Bureau of Investigation, in New Delhi. The BHARATPOL platform will make
it easier to process all requests for international assistance through INTERPOL.
• During a function in Khajuraho, Madhya Pradesh, Prime Minister Narendra Modi laid
the groundwork for the Ken-Betwa National River Linking Project, inaugurated the
Omkareshwar Floating Solar Project.
• Union Minister Kinjarapu Rammohan Naidu of the Ministry of Civil Aviation (MoCA)
inaugurated the centenary celebration logo for Netaji Subhash Chandra Bose
International Airport (NSCBI Airport) in Kolkata, West Bengal (WB), to commemorate
its 100-year service.
(a) Indonesia
(b) Sweden
(c) Bhutan
(d) Mauritius
(e) Dubai
Answer : Option A
Explanation :
About Indonesia :
• Capital – Jakarta
• Currency – Rupiah
• Official language – Indonesian
• President – Prabowo Subianto
Answer : Option D
Explanation :
• Noble Hospitals and Research Centre in Pune, Maharashtra has installed the first
made-in-India surgical robot, the SSI Mantra (Multi-Arm Novel Tele Robotic
Assistance).
• The Rajiv Gandhi Cancer Institute and Research Centre (RGCI) in New Delhi
deployed the first Indian-made surgical robot system, which has successfully
completed 26 procedures.
Answer : Option C
Explanation :
Answer : Option C
Explanation :
• PLI scheme for Specialty Steel, termed as PLI Scheme 1.1 Launched by Union
Minister of Steel and Heavy Industries, Shri H. D. Kumaraswamy at Vigyan Bhavan
New Delhi.
• Its aim is to encourage domestic production of specialty steel and lower imports by
drawing in capital investments. The Investment is of Rs 6,322 crore.
• It covers Five product categories in line with the existing PLI Scheme, namely
Coated / Plated Steel Products, High Strength / Wear resistant Steel, Specialty Rails,
Alloy Steel Products & Steel wires and Electrical Steel.
• The Union Cabinet, led by Prime Minister Narendra Modi, has approved the
extension of the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based
Crop Insurance Scheme until 2025-26, with a total budget of Rs.69,515.71 crore from
2021-22 to 2025-26.
• The Income Tax Department has extended the deadline for the Vivad Se Vishwas
Scheme 2024, offering taxpayers another chance to resolve disputes at lower tax
rates. The extended new date isJanuary 31, 2025.
• The Haryana government has agreed to enhance the maximum amount of Death-
cum-Retirement Gratuity for state government employees by 25%.
• Government of India(GoI) sanctioned Rs. 4388 crore under the Pradhan Mantri Kisan
Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Scheme to solarize
agriculture for states across India.
• Aam Aadmi Party (AAP) chief Arvind Kejriwal has launched a new scholarship
programme aimed at Dalit students in Delhi. The scheme, named the Dr Ambedkar
Samman Scholarship, will cover all expenses for Dalit students wishing to pursue
higher education abroad.
• Delhi Chief Minister Atishi has introduced the Mukhyamantri Mahila Samman
Yojana, which would pay a monthly stipend of Rs 1,000 to women residents with
annual household incomes of up to Rs 3 lakh
• Gujarat, Maharashtra, and Uttar Pradesh have emerged as the top three states for
rooftop solar installations under the PM Surya Ghar Muft Bijli Yojana plan. It is
launched on February 15, 2024.
• West Bengal Chief Minister Mamata Banerjee has launched the "Banglar Bari"
initiative, which aims to provide housing for the state's rural poor.
• Yuva Shuddhi Abhiyan Launched by Karnataka Governor Thaawarchand Gehlot to
raise awareness about the dangers of drug abuse among youth.
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Ques : What is the Rank of India in Threat Landscape Report 2024 Published by
CloudSEK ?
(a) 1st
(b) 2nd
(c) 3rd
(d) 4th
(e) 5th
Answer : Option B
Explanation :
• In 2024, India was the second most targeted country for cyberattacks, with 95
companies experiencing data breaches.
• Cyber attackers mostly targeted the finance and banking industries, resulting in 20
victims. The government recorded 13 events, followed by telecoms with 12.
1 United States
2 India
3 Israel
4 Thailand
5 Brazil
• Global Aging Index Published by National University of Singapore (NUS) & Columbia
University : India (123rd), Switzerland (top)
• Hurun India Top 200 Self-Made Entrepreneurs of the Millennia 2024 Published by
Hurun India & IDFC FIRST Private Banking : Kaivalya Vohra (Zepto) (Youngest), Ashok
Soota (Happiest Minds Technologies) (Oldest)
• Travel and Tourism Development Index (TTDI) 2024 Published by World Economic
Forum (WEF) : India (39th), United States (Top)
• 2025 QS Sustainability Rankings Published by QS Rankings : IIT Delhi (171),
University of Toronto (Canada) (top)
• SBTi commitments by Indian companies Published by ICRA ESG Ratings Limited :
India (6th), United Kingdom (UK) (top)
• "world's worst airlines" in the 2024 AirHelp Score survey : IndiGo (103rd), Brussels
Airlines (top)
• Interdisciplinary Science Rankings (ISR) 2025 Published by Times Higher Education
(THE) : Anna University in Chennai (Tamil Nadu, TN) (42nd), Massachusetts Institute
of Technology (MIT) (USA) (top)
• 2024 Network Readiness Index (NRI) Published by Portulans Institute and Saïd
Business School : India (49th), United States of America (top)
• Sustainable Trade Index 2024 Published by Hinrich Foundation and IMD : India
(23rd), New Zealand (top)
• Climate Change Performance Index (CCPI) 2025 : India (10th), Denmark (last)
• Brand Finance’s Global City Index Published by Brand Finance : London (top), New
Delhi (77), Mumbai (78)
• WJP Rule of Law Index 2024 Published by World Justice Project (WJP) : India (79th),
Denmark (top)
• World Intellectual Property Indicators Report 2024 : India (6th), China (top)
• EdelGive-Hurun India Philanthropy List 2024 : Shiv Nadar & Family (top)
• AI Preparedness Index (AIPI) Published by IMF : India (72nd), Singapore (top)
• Henley Passport Index 2024 : India (83rd), Singapore (top)
• Global Nature Conservation Index for 2024 : India (176th), Luxembourg (top)
(a) 1947
(b) 1942
(c) 1956
(d) 1958
(e) 1962
Answer : option B
Explanation :
• Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and
Technology, revealed that the Council of Scientific and Industrial Research (CSIR) has
created technology to synthesize Paracetamol in-house.
• Dr. Jitendra Singh declared this during the 40th Foundation Day of the Department
of Scientific and Industrial Research (DSIR) in New Delhi.
• Established : 1942
• HQ : New Delhi
• Director General : N. Kalaiselvi
Answer : Option C
Explanation :
• Bahadur Singh Sagoo, an Asian Games gold winner, has been elected as the next
President of the Athletics Federation of India (AFI).
• The Asian Games shot put medalist succeeded the outgoing president, Adille
Sumariwalla, at the federation's Annual General Assembly Meeting in Chandigarh.
• With Sagoo's appointment, Sumariwalla's more than ten-year reign as AFI president
comes to an end. The 67-year-old had been AFI president since 2012.
• Sagoo, a one-time Asian medalist and two-time national champion, won the gold
medal in the shot put at the 2002 Busan Asian Games. He also competed at the 2000
and 2004 Olympics. His best attempt of 20.40m occurred in 2004 in Koncha-Zaspa,
Kyiv.
• Meanwhile, Sandeep Mehta, who previously served as senior joint secretary, was
elected secretary of the body during the AGM.
• Sanjiv Ranjan : Secretary General of the Indian Ocean Rim Association (IORA)
Secretariat in Ebene,Mauritius (Replaced Salman Al-Farisi of Indonesia)
• Senior bureaucrat Akash Tripathi : Additional Secretary in the Ministry of Power
• Dr. Sandip Shah : Chairperson of the National Accreditation Board for Testing and
Calibration Laboratories (NABL)
(a) 12
(b) 18
(c) 15
(d) 20
(e) 22
Answer : Option E
Explanation :
• The e-Shram portal has been improved and will now be available in all 22 scheduled
languages, allowing unorganized laborers from all parts of the country to use it and
benefit from government services.
• The previous version only supported English, Hindi, Kannada, and Marathi.
• Dr. Mansukh Mandaviya, Union Minister of Labour and Employment, has launched
the multilingual e-Shram portal, which aims to be a 'One-Stop-Solution' website for
all unorganised registered workers to take advantage of various government schemes
designed to support their welfare, livelihood, and well-being.
• MEITY's Bhashini project has been used to enhance the e-Shram portal with 22
languages. The portal is now accepting registrations from building and other
construction workers (BoCW), as well as gig and platform workers.
Suzuki Motor Corporation has decided to acquire 26 per cent stake in NDDB Mirda
Ltd, a bio-gas venture of National Dairy Development Board (NDDB), as part of its
plans to use Compressed Bio-Gas (CBG) for longevity and performance of vehicles.
The National Skill Development Corporation (NSDC) has teamed with pollster Axis My
India to help bridge India's skills gaps and satisfy the predicted demand for millions
of jobs in developed economies over the next five years.
Justin Trudeau Resigned as Canada's Prime Minister & Leader of his Liberal Party of
Canada. He came to power in 2015 after 10 years of Conservative Party rule.