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Q1.When is Prime Minister Modi scheduled to attend the installation of Lord Ram’s idol at the Ayodhya Temple?

1. January 22
2. February 22
3. March 22
4. April 22

Ans:- 1) January 22

• The Shri Ram Janambhoomi Trust extended a significant invitation to Prime Minister Narendra Modi, requesting his presence at the installation of Lord Ram’s idol in the sacred ‘Garbhagriha’ of the Ram Mandir at the Ayodhya temple. Prime Minister Modi graciously accepted the invitation.
• Having accomplished the ground-level construction of the three-story Ram temple, the temple trust has chosen the auspicious occasion of Makar Sankranti, January 14, for the commencement of Ram Lalla’s consecration.
• This event marks an extraordinary milestone in the history of Ayodhya and India, embodying the realization of a cherished dream for millions. As Prime Minister Modi graces the occasion on January 22, the nation will witness the culmination of a decades-long journey towards the establishment of the Ram Temple in Ayodhya.

Q2.Who has replaced the missing Defence Minister Li Shangfu in China?

1. Xi Jinping
2. Li Keqiang
3. Wang Yang
4. Yang Jiechi

Ans:- 2)Li Keqiang

• China’s Defense Minister, Li Shangfu, was recently relieved of his position. Additionally, he was also ousted from the Central Military Commission and his role as one of China’s five state councillors, both of which hold considerable state authority. The National People’s Congress endorsed this decision, although his successor was not disclosed.
• Since late August, Li had not made any public appearances, fueling speculation about his whereabouts. This development follows the removal of former Foreign Minister Qin Gang in July.
• It’s worth noting that the role of the defense minister in China is largely ceremonial. While responsible for representing military diplomacy with foreign nations, the defense minister does not wield command authority, as that prerogative rests with the Central Military Commission.

Q3. Who was elected as the new Speaker of the US House of Representatives?

1. Mike Johnson
2. Mitch McConnell
3. Chuck Schumer
4. Kevin McCarthy

Ans:- 1)Mike Johnson

• Republican Congressman Mike Johnson from Louisiana has emerged as the newly elected Speaker of the House of Representatives, bringing an end to three weeks of political uncertainty in the United States.
  In a divided Congress, Mike Johnson secured the election with a vote of 220 to 209. A seasoned 51-year-old lawyer, Johnson boasts four terms as a Congressman representing Louisiana’s Fourth Congressional District.
  The position of the Speaker of the House of Representatives is one of paramount influence in the nation’s political landscape. It holds the distinction of being third in line of succession following the U.S. President.

Q4. What service has India partially resumed for Canadians?

1. Passport Services
2. Visa Services
3. Citizenship Services
4. Travel Advisory Services

Ans:- 2) Visa Service

• India has recently made the decision to recommence visa services for Canadians in four specific categories: entry, business, medical reasons, and conferences. Emergency cases will still be prioritized.
• Tensions had arisen in the India-Canada relationship following a disagreement over the incident involving a Sikh separatist in British Columbia. This led to India suspending visa services for Canadians on a global scale.
• Both the High Commission of India in Ottawa and Indian consulates in Toronto and Vancouver had temporarily suspended these services, citing “safety and security considerations.”

Q5.What is the name of the world’s largest ghost particle detector being built in China?

1. Neptune
2. Poseidon
3. Trident
4. Atlantis

Ans:- 3) Trident

• China is embarking on a groundbreaking endeavor by constructing an immense telescope in the western Pacific Ocean. The primary mission of this massive facility is to detect elusive particles known as “ghost particles” or neutrinos. This ambitious undertaking will result in the world’s largest neutrino-detecting telescope.
• Neutrinos are a type of electron but, like neutrons, they do not have any charge. They are among the most abundant particles in our universe. Understanding neutrinos carries immense significance because they hold the potential to unravel one of the cosmos’s most perplexing mysteries: the origins of cosmic rays.
• Situated in the South China Sea, this monumental apparatus, Trident, is projected to span a staggering 7.5 cubic kilometers. TRIDENT is set to be finished by 2030. At present, the most extensive neutrino-detecting telescope is the “IceCube” at the University of Madison-Wisconsin, nestled deep in the Antarctic.

Q6.When is the 12th edition of the Bengaluru Literature Festival scheduled to start?

1. December 12
2. December 2
3. November 12
4. November 2

Ans:- 2) December 2

• The 12th edition of the Bengaluru Literature Festival, a two-day event, is scheduled to commence at The Lalit Ashok, Bengaluru on December 2. The festival is poised to host approximately 250 authors, including esteemed figures like Jnanpith awardee Chandrashekhara Kambara, renowned writers Chetan Bhagat, Ramachandra Guha, and Perumal Murugan, among others.
• This year, the festival will unfold at two distinctive venues: Seonee and Malgudi. These names bear special significance in the literary realm. Seonee draws its inspiration from the hills where Mowgli was raised, as vividly described in Rudyard Kipling’s “The Jungle Book.” On the other hand, Malgudi is an ode to the fictional town from R K Narayan’s timeless novel “Swami and Friends.”
• Beyond being a vibrant literary gathering, the Bengaluru Literature Festival serves as a platform to acknowledge and promote talent. This year, the festival will showcase the Atta Galatta literary prize, a tribute to exceptional contributions to Indian literature. It stands as a commendation for those who have left an indelible mark on the world of words.

Q7. What recent development has been approved by the government in Uttarakhand?

1. Construction of a new highway
2. Jamrani Dam Multipurpose Project
3. Expansion of a wildlife sanctuary
4. Establishment of a new university

Ans:- 2)Jamrani Dam Multipurpose Project

• The Indian central government has granted approval to include the Jamrani Dam Multipurpose Project in Uttarakhand within the ambit of the Pradhan Mantri Krishi Sinchayee Yojana-Accelerated Irrigation Benefit Programme (PMKSY-AIBP).
• This initiative entails the construction of a dam in close proximity to Jamrani village, situated along the Gola River, a tributary of the Ram Ganga River in the Nainital district of Uttarakhand.
• In support of this endeavor, the Central government is allocating Rs 1,557 crore to Uttarakhand for the successful completion of the Jamrani Dam project. The overall project cost is estimated at Rs 2,584 crore, with an anticipated completion date set for March 2028.

Q8.Where was the Green Tourism Conclave for Responsible Tourism in Northeast hosted?

1. Delhi
2. Shillong
3. Kolkata
4. Guwahati

Ans:- 2)Shillong

• In Shillong, a Green Tourism Conclave was held with a central aim of fostering eco-conscious and socially responsible tourism in India, with a particular focus on the Northeastern region and Odisha. The event, hosted at Shillong’s state convention center, brought together significant stakeholders in the tourism sector, including delegates from Meghalaya Tourism, Incredible India, Odisha Tourism, and Arunachal Tourism. Bah Paul Lyngdoh, Meghalaya’s Tourism Minister, presided over the event as the chief guest.
• The conclave underscored the significance of sustainable luxury travel, emphasizing that travelers can indulge in opulent experiences while upholding respect for the environment and local cultures. This session offered insights into how the hospitality and tourism industry can deliver high-end services in an eco-friendly and responsible manner.

Q9.What is the proposed investment for the establishment of the Graphene Production Facility by the Kerala government?

1.  ₹327 Crore
2. ₹237 Crore
3. ₹147 Crore
4. ₹437 Crore

Ans:- 2) ₹237 Crore

• In a recent cabinet meeting, Chief Minister Pinarayi Vijayan made the decision to establish an innovative graphene production facility. The facility will operate under a public-private partnership model and is projected to necessitate an investment of ₹237 crore.
• The Kerala Digital University will oversee the implementation, while the Kerala Industrial Infrastructure Development Corporation (KINFRA) will serve as a special purpose vehicle for infrastructure development.
• Graphene, often lauded as the world’s thinnest and strongest material, boasts an array of exceptional properties. It demonstrates outstanding chemical stability, high electrical conductivity, and a broad surface area, all while maintaining transparency and a lightweight structure. These attributes position it as a material with immense potential for applications across various industries.

Q10.How much subsidy has the Centre approved for key fertilizers?

1. 22,303 Crore ₹
2. 10,000 Crore ₹
3. 30,000 Crore ₹
4. 15,000 Crore ₹

Ans:- 1)22,303 Crore ₹

• The Indian government has recently announced alterations in the subsidy rates for crucial fertilisers, which include nitrogen (N), phosphorus (P), potassium (K), and sulphur (S). Despite the global surge in prices, the government is committed to ensuring that fertilisers remain accessible and affordable for Indian farmers.
• Between October and March, subsidies for N, P, K, and S have been reduced compared to the period from April to September. The subsidy for nitrogen has decreased by 38%, phosphorus by 49%, potassium by 84%, and sulphur by 32.5%.
• Urea will continue to receive substantial subsidies, priced at Rs 266 per bag. Complex fertilisers such as DAP will be available at Rs 1,350 per bag, NPK varieties at an average of Rs 1,470 per bag, and MOP at Rs 1,655 per bag.
• The revision in subsidies is projected to incur an expenditure of Rs 22,303 crore for the government. The total subsidy on non-urea fertilisers is expected to reach approximately Rs 60,000 crore, marking an increase from the initial estimate of Rs 44,000 crore.

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Q1. Where is the 54th International Film Festival of India (IFFI) scheduled to be held in November 2023?

1. Mumbai
2. Chennai
3. Goa
4. New Delhi

Ans:- 3)Goa

• The 54th International Film Festival of India (IFFI) has officially unveiled its Indian Panorama selection for 2023. This includes a diverse range of 25 feature films and 20 non-feature films, all of which will be showcased during the festival held in Goa from November 20 to November 28.
• These films serve as a testament to the artistic brilliance and cultural richness of Indian cinema. Chosen by a 12-member feature film jury, led by TS Nagabharana, these movies promise to be a captivating experience for cinephiles.
• The Indian Panorama, curated by the National Film Development Corporation under the Ministry of Information and Broadcasting, Government of India, handpicks films of exceptional cinematic, thematic, and aesthetic quality. This selection is the outcome of a meticulous process involving esteemed figures from the Indian film industry.

Q2. What organization is making the change to replace ‘India’ with ‘Bharat’ in upcoming books?

1. UNESCO
2. NCERT
3. WHO
4. UNICEF

Ans:- 2) NCERT

• In a significant decision, the National Council of Educational Research and Training (NCERT) has granted approval for the replacement of the term “India” with “Bharat” in all textbooks across the country.
• Among the noteworthy proposals is the substitution of the term ‘India’ with ‘Bharat’ in educational materials. This alteration is anticipated to signify the traditional and indigenous name for the nation. The intention behind this suggestion is to underscore the historical and cultural importance of the name ‘Bharat,’ while paying homage to the country’s rich heritage.
• Additionally, the committee has recommended a shift from ‘ancient history’ to ‘classical history’ in the curriculum. This modification aims to offer a more nuanced and comprehensive comprehension of India’s historical progression. It may involve a focused exploration of specific periods or aspects of India’s history considered classical, providing a deeper insight into the nation’s past.

Q3.Which two countries have made progress in border talks according to the statement?

1. Bhutan and India
2. Bhutan and Nepal
3. Bhutan and China
4. Bhutan and Bangladesh

Ans:- 3) Bhutan and China

• China and Bhutan have taken steps towards the resolution of their longstanding border disputes. The Foreign Minister of Bhutan paid a visit to Beijing for discussions with his Chinese counterpart, signaling positive progress in the negotiation process.
• Out of its 14 neighboring countries, China has border disputes with only two – India and Bhutan. The border disputes between Bhutan and China have been ongoing since the 1980s, particularly in areas like Jakarlung, Pasamlung, and Doklam.
• Bhutan’s stance is that discussions regarding tri-junction points (involving India, China, and Bhutan) can only commence after India and China address their own border concerns. Bhutan is closely observing the resolution of disputes between India and China before initiating comprehensive talks concerning tri-junction points.

Q4.What initiative has Sri Lanka announced to boost tourism?

1. Free Visas for Indians
2. Visa-on-Arrival for Indians
3. Discounted Flight Tickets for Indians
4. Free Accommodation for Indians

Ans:- 2)Visa-on-Arrival for Indians

• Sri Lanka has taken a significant step to reinvigorate its tourism sector by exempting tourists from seven countries, including India, from visa fees. This move is aimed at attracting a greater number of visitors and aiding the country in recovering from recent economic challenges.
• To enhance tourist influx, Sri Lanka’s Cabinet has launched a pilot project to grant free tourist visas to travelers from China, India, Russia, Thailand, Indonesia, Malaysia, and Japan. This policy will remain in effect until March 31, 2024.
• India has traditionally been Sri Lanka’s primary source market. In the current year alone, over 2 lakh Indian tourists, constituting 20% of total arrivals, visited Sri Lanka up until September. Previously, Indian tourists were obligated to pay a $20 visa fee. However, this requirement has now been waived, simplifying and making travel to Sri Lanka more affordable for Indians.

Q5. Who inaugurated IFFCO’s Nano DAP Plant at Kalol in Gandhinagar, Gujarat?

1. Narendra Modi
2. Amit Shah
3. Arvind Kejriwal
4. Nitin Gadkari

Ans:- 2) Amit Shah

• Union Home Minister and Minister of Cooperation, Shri Amit Shah, inaugurated the Nano DAP (Liquid) Plant of the Indian Farmers Fertilizer Cooperative (IFFCO) in Kalol, Gandhinagar, Gujarat.
• Nano DAP (Liquid) is an innovative fertilizer containing 8 percent nitrogen and 16 percent phosphorus. This groundbreaking liquid fertilizer is set to replace the conventional 50 kg bags of DAP, which are currently priced at Rs 1,350 for farmers.
• Union Home Minister Shah highlighted the potential of liquid DAP and liquid urea in enhancing the population of earthworms in farmlands. This, in turn, promotes natural farming practices without compromising production and income. This transition towards more sustainable agriculture also contributes to land preservation, providing a comprehensive solution to address the challenges faced by Indian farmers.

                                              26th October 2023

Q1. What is the name of the bilateral training exercise conducted between India and Malaysia?

1. Exercise Harimau Shakti 2023
2. Operation Shakti-Harimau 2023
3. Joint Tiger Power 2023
4. Operation Harimau Shakti 2023

Ans:- 1)Exercise Harimau Shakti 2023

• In a demonstration of their steadfast defense collaboration, the Indian and Malaysian armies have launched the “Exercise Harimau Shakti 2023.” This joint bilateral training endeavor, conducted at Umroi Cantonment in India, is designed to fortify military capabilities and amplify the coordination between the two nations.
• The Indian contingent, actively participating in the exercise, is being represented by a battalion of THE RAJPUT REGIMENT. The presence of this accomplished regiment underscores the pivotal role of the Indian Army in reinforcing defense alliances with friendly nations.
• “Exercise Harimau Shakti 2023,” slated to run until November 5, 2023, will involve approximately 120 military personnel from both sides. The primary objective is to augment military proficiency in executing Multi-Domain Operations within a sub-conventional setting. The previous edition of “Exercise Harimau Shakti” was held in Pulai, Kluang, Malaysia, in November 2022.

Q2.What is the current status of the Euro Zone PMI (Purchasing Managers’ Index)?

1. Highest in 3 years
2. Lowest in nearly 3 years
3. Stable for the past year
4. Not mentioned in the statement

Ans:- 2)Lowest in nearly 3 ye

• In October, businesses in the Euro Zone encountered a notable downturn, marked by a widespread decrease in demand, prompting apprehensions of a looming recession. The Purchasing Managers’ Index (PMI) for the region exhibited a sharp decline, signaling economic hurdles.
• The PMI for services plummeted to its lowest point in 32 months, underscoring a significant drop in demand. The manufacturing sector also faced challenges, experiencing a prolonged period below the growth threshold.
• Beyond the boundaries of the European Union, the UK witnessed reduced activity, further heightening concerns about a potential recession. Concurrently, global economic uncertainties are exacerbated by geopolitical tensions, particularly in regions such as the Middle East and Ukraine.

Q3. Which company has secured the bid to purchase PTC’s Wind Power Division for Rs 925 Crore?

1. ONGC
2. Reliance Industries
3. Tata Power
4. Adani Green Energy

Ans:- 1) ONGC

• The Oil and Natural Gas Corporation (ONGC) has successfully won the bid to acquire PTC India Ltd’s wind power division for Rs 925 crore. However, it’s important to note that this acquisition is contingent on the approval of PTC shareholders, which will ultimately determine its finalization.
• PTC India Ltd (PEL) was established on August 1, 2008, and holds a renewable energy portfolio with a combined capacity of 288.8 MW. In the fiscal year 2022-23 (covering April 2022 to March 2023), PEL reported a profit of Rs 13.88 crore, with a revenue of Rs 296.77 crore.
• ONGC has previously outlined an ambitious objective of achieving zero carbon emissions by 2038. To realize this goal, the company has committed to investing Rs 2 lakh crore, with Rs 1 lakh crore earmarked for the establishment of 10 gigawatts of renewable energy capacity, a green ammonia plant, and offshore wind energy projects by 2030.

Q4.Who has been announced as the brand ambassador for Lay’s?

1. Virat Kohli
2. Mahendra Singh Dhoni
3. Rohit Sharma
4. Sachin Tendulkar

Ans:- 2) Mahindra Singh Dhoni

• Lay’s has proudly unveiled cricketer Mahendra Singh Dhoni as their brand ambassador for the campaign – ‘No Lay’s, No Game.’ This campaign, renowned worldwide for its affiliation with sports tournaments, is now set to captivate the Indian audience.
• In the TV commercial, as Dhoni goes from door to door, he elicits a range of reactions, from surprise to pure excitement, with some even searching for Lay’s. The advertisement beautifully captures the essence of the sports-watching experience, intertwined with the enjoyment of Lay’s, ultimately conveying the resounding message, ‘No Lay’s, No Game.’

Q5.What is the main request made by MeitY to RBI?

1. To design more detailed KYC
2. To implement stricter monetary policies
3. To expand digital payment options
4.  To streamline foreign exchange regulations

Ans:- 1)To design more detailed KYC

• Illegal instant loan apps have emerged as a significant issue in India, resulting in financial frauds and, tragically, pushing some victims to extreme measures. These applications promise fast cash but often compromise users’ privacy and security. In response, the Ministry of Electronics and Information Technology (MeitY) in India has put forth a potential solution.
• MeitY has engaged in discussions with the Reserve Bank of India (RBI) and the Department of Financial Services (DFS) to tackle this problem. MeitY has proposed the establishment of a comprehensive KYC (Know Your Customer) process known as KYDFA (Know Your Digital Finance App) for companies, akin to the KYC protocol for bank accounts.
• KYDFA is designed to ensure that only legitimate financial apps, adhering to legal requirements, can access the Indian banking system. It serves to identify and track illegal apps, enabling legal action against them. KYDFA will establish traceability, aiding authorities in tracing the source of illegal apps for necessary legal interventions.

Current affairs coverage helps individuals understand the interconnectedness of global and local events. It shows how decisions made at the international level can impact local communities and vice versa. 

Q1. What recent approval has the Indian government granted?

1. Approval for Basmati Rice Exports
2. Approval for Non-Basmati Rice Exports
3. Approval for Wheat Exports
4. Approval for Cotton Exports

Ans:-1)Approval for Basmati Rice Exports

• The Indian government has granted permission to export 1.34 million tonnes of Non-Basmati White Rice to seven countries. This approval has been granted by the Directorate General of Foreign Trade (DGFT).
• The designated countries for these exports are Nepal, Cameroon, Cote D’Ivoire, Republic of Guinea, Malaysia, Philippines, and Seychelles.
• The Philippines will be the primary recipient, with an allocation of up to 295,000 metric tonnes of non-Basmati white rice. Cameroon has been allotted 190,000 metric tonnes, while Malaysia will import up to 170,000 metric tonnes. Nepal is set to receive 95,000 metric tonnes.

Q2. What regulatory body imposed a penalty on L&T Finance?

1. SEBI (Securities and Exchange Board of India)
2. RBI (Reserve Bank of India)
3. IRDAI (Insurance Regulatory and Development Authority of India)
4. NSE (National Stock Exchange of India)

Ans:- 2) RBI

• The Reserve Bank of India (RBI) has recently taken regulatory action against L&T Finance Limited, imposing a monetary penalty of ₹2.50 crore (Rupees Two crore Fifty lakh only) on the company.
• As per an RBI press release, this penalty has been enforced due to L&T Finance’s non-compliance with specific provisions outlined in the Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.
• During the statutory inspection, the RBI identified several compliance deficiencies, including:

1) Failure to Notify Retail Borrowers
2) Absence of Notifications for Changes in Penal Interest Rates
3) Non-Disclosure of Alterations in Loan Terms and Conditions.

Q3.Which bank has introduced the XpressWay Digital Platform for swift loans?

1. State Bank of India
2. HDFC Bank
3. ICICI Bank
4. Axis Bank

Ans:- 2) HDFC Bank

• HDFC Bank, a prominent financial institution, has unveiled its advanced digital platform, XpressWay, aimed at enhancing the efficiency and speed of its banking products and services. This innovation is geared towards providing customers with a swifter and more seamless banking experience.
• XpressWay is meticulously crafted to offer customers a range of essential features that prioritize efficiency and customer satisfaction. It guarantees quicker processing times, ensuring a hassle-free banking journey. Additionally, it contributes to a more sustainable banking approach by minimizing environmental impact and optimizing processes.
• By granting customers self-service options for added convenience, XpressWay caters to the needs of both existing and new customers. It stands as an integral part of HDFC Bank’s comprehensive digital offerings under the umbrella brand ‘NOW.’

Q4.Which bank has introduced the GO Savings Account?

1. ICICI Bank
2. HDFC Bank
3. RBL Bank
4. Axis Bank

Ans:- 3) RBL Bank

• RBL Bank, a prominent player in the Indian banking sector, has introduced the GO Savings Account, a cutting-edge digital banking product. This account offers customers an attractive high-interest rate of up to 7.5% per annum, enabling them to maximize their savings potential.
• Distinguished by its unique subscription-based model, the GO Savings Account provides a blend of simplicity and valuable benefits for customers seeking modern banking solutions. In its inaugural year, customers can avail this account for a subscription fee of Rs. 1999 + taxes, with subsequent annual renewals available at Rs. 599 + taxes.
• The account opening process has been streamlined, enabling customers to swiftly open an account within minutes. With only PAN and Aadhaar details required, the process is hassle-free. Additionally, GO Account holders enjoy the advantage of fee-free transactions, enhancing the cost-effectiveness of everyday banking.

Q5. How much does the government plan to invest in expanding the crop insurance portal coverage?

1. ₹3,000 Crore
2. ₹10,000 Crore
3. ₹20,000 Crore
4. ₹30,000 Crore

Ans:- 4)₹30,000 Crore

• The government has revealed a substantial allocation of ₹30,000 crore to enhance the Pradhan Mantri Fasal Bima Yojana (PMFBY) portal. The key objective of this endeavor is to elevate the PMFBY into a comprehensive platform that extends insurance coverage beyond crops, encompassing a wide array of agricultural assets such as ponds, tractors, livestock, and even palm trees.
• At the heart of this ambitious project lies the innovative AIDE app, which was introduced in July. This app is designed to facilitate door-to-door enrollment, thereby making crop insurance more accessible and convenient for farmers.
• The PMFBY portal, which initially focused on subsidized crop insurance, is undergoing a transformation into a versatile platform. This development means that farmers will soon have the opportunity to secure insurance coverage for their non-subsidized agricultural assets. The overarching goal is to empower farmers with the means to comprehensively safeguard their valuable assets.

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Q1. Which country is set to host the world’s largest textiles event, Bharat Tex 2024?

1. China
2. India
3. United States
4. Brazil

Ans:-2) India

• India is gearing up to host the highly anticipated Bharat Tex 2024 Expo, scheduled to be held from February 26 to 29 next year. This grand event is poised to demonstrate India’s prowess as a dependable supplier of textile products, covering the entire value chain, all within a single venue.
• Spanning an impressive 200,000 square meters of exhibition space, the Bharat Tex 2024 Expo has been conceptualized as the largest textile fair globally in terms of exhibition area. Minister Goyal emphasized that this expo will serve as a vital platform for weavers, craftsmen, and the handloom sector to showcase their talents on an international platform. He also underscored that this event will not only establish a new standard for future endeavors but also spotlight India’s genuine capabilities and strengths as a prominent global player.

Q2. Why did the US impose sanctions on three Chinese firms?

1. Alleged involvement in illegal trade
2. Alleged supply of missile components to Pakistan
3. Violation of international copyright laws
4. Alleged cyber-espionage activities

Ans:-2) Alleged supply of missile components to Pakistan

• The United States has imposed sanctions on three Chinese firms due to their alleged participation in providing missile components to Pakistan. These sanctions have been enacted in accordance with Executive Order 13382, which targets entities engaged in the spread of weapons of mass destruction and their delivery systems.
• The three Chinese companies that have been sanctioned are:

1. General Technology Limited
2. Beijing Luo Luo Technology Development
3. Changzhou Utek Composite Company

• The US State Department has clarified that these sanctions are aligned with the global nonproliferation efforts and are designed to thwart the spread of weapons of mass destruction, along with their associated means of delivery and concerning procurement activities. The US government remains resolute in disrupting networks involved in procurement that support activities linked to proliferation.

Q3. What is the objective of Project Nilgiri Tahr in Tamil Nadu?

1. To promote tourism in the Nilgiri Hills
2. To conserve an endangered species
3. To develop a new agricultural technique
4. To construct a wildlife sanctuary

Ans:- 2)To conserve an endangered species

• Tamil Nadu’s Chief Minister, M.K. Stalin, has inaugurated “Project Nilgiri Tahr,” a venture dedicated to the preservation and safeguarding of the endangered Nilgiri Tahr species. This initiative, backed by a budget of ₹25 crore, aims to gain a comprehensive understanding of the Nilgiri Tahr’s population, distribution, and ecological needs, while also addressing immediate threats to their survival.
• A key goal of Project Nilgiri Tahr is to enhance our knowledge of the Nilgiri Tahr’s population, distribution, and ecological necessities, which is pivotal for their conservation. The project strives to reintroduce Nilgiri Tahr to their historical habitats, thereby aiding in the restoration of their natural range and safeguarding their populations.
• To oversee the various aspects of Project Nilgiri Tahr, the Forest Department has established a dedicated project office in Coimbatore. A full-time Project Director and a Senior Scientist, supported by four Senior Research Fellows, have been appointed to lead and execute the project’s activities.

Q4. Who inaugurated the Indian Military Heritage Festival in New Delhi?

1. Prime Minister of India
2. Defence Minister
3. President of India
4. Chief of Army Staff

Ans:- 2) Defence Minister

• At the Manekshaw Centre in New Delhi, the spotlight shone on the Indian Military Heritage Festival. The inauguration ceremony was led by Defence Minister Rajnath Singh, accompanied by Chief of Army Staff General Manoj Pande.
• The annual ‘Indian Military Heritage Festival’ was organized by the United Service Institution of India (USI), the nation’s oldest tri-service think tank, which has been actively engaged since 1870. This grand event served as a tribute to India’s illustrious military history and aimed to ignite a sense of inspiration among the nation’s youth.
• Headquartered in New Delhi, India, the United Service Institution of India (USI) is a think tank committed to matters of national security and defense services. Its mission is to foster and advance interest and knowledge in the realms of defense services, encompassing various aspects like arts, sciences, and literature related to this sphere. The institution was established by Major General Sir Charles MacGregor in 1870 in Shimla.

Q5. Who launched Project ‘Udbhav’ to promote “Indianisation”?

1. Prime Minister of India
2. Defence Minister Rajnath Singh
3. Chief of Army Staff
4. President of India

Ans:-2)Defence Minister Rajnath Singh

• The Indian Army has recently introduced ‘Project Udbhav’ with the objective of rediscovering the deep-rooted Indian heritage of statecraft and strategic wisdom found in ancient Indian texts.
• Initiated by the military, ‘Project Udbhav’ seeks to draw insights on statecraft, strategy, diplomacy, and warfare from ancient Indian treatises such as Chanakya’s Arthashastra, Kamandaka’s Nitisara, and the Thirukkural by the Tamil poet-saint Thiruvalluvar.
• This project serves as a vital link between age-old wisdom and contemporary military methodologies, empowering India to effectively tackle the evolving security challenges of the 21st century. It embodies the belief that ancient scriptures and writings, spanning centuries in the past, hold profound knowledge that can greatly enhance modern military strategies.

Current affairs coverage plays a crucial role in keeping individuals informed and engaged with the world around them. We cover a wide range of news, including national, international, economic, sports, and many more to keep you informed.

Q1.Who achieved a notable victory over Magnus Carlsen, as mentioned in the statement?

1. Vishwanathan Anand
2. Karthikeyan Murali
3. Hikaru Nakamura
4. Levon Aronian

Ans:- 2)Karthikeyan Murali

• In a momentous turn of events at the ongoing Qatar Masters, 24-year-old Indian chess grandmaster Karthikeyan Murali achieved a stunning feat by securing a victory over the world’s top-ranked player, Magnus Carlsen.
• Karthikeyan Murali’s triumph at the Qatar Masters stands as a significant milestone in the realm of chess, spotlighting the extraordinary talent and potential of Indian chess players at the global level.
• This monumental win not only etches Karthikeyan’s name in the annals of chess history but also places him in the esteemed company of other leading players, boasting an impressive score of 5.5 out of 7. Among this exclusive club of chess maestros are players like SL Narayan, Javokhir Sindarov, David Paravyan, Arjun Erigaisi, and Nodirbek Yakubboev.

Q2. Which country recently became the first nation to successfully launch an Electromagnetic Railgun from an offshore vessel?

1. China
2. United States
3. Russia
4. Japan

Ans:- 4) Japan

• On October 17, the Japanese Maritime Self-Defense Force (JMSDF) achieved a significant milestone in collaboration with the Acquisition Technology & Logistics Agency (ATLA), a branch of the Japanese Ministry of Defense. They successfully conducted a test-firing of a medium-caliber maritime electromagnetic railgun from an offshore platform.
• This accomplishment stands as a pioneering achievement, as it is the first instance globally where a railgun has been launched from an offshore platform. While railguns are typically installed on ships, Japan’s ambition is to deploy this technology both at sea and on land, representing a groundbreaking leap forward in this field.
• A railgun is an advanced electromagnetic weapon designed to propel projectiles at exceptionally high velocities. This technology possesses the capability to target various objects, including ships, missiles, and aircraft. Japan’s primary objective in its railgun program is to integrate this technology with long-range missiles, thereby enhancing its proficiency in intercepting aerial targets.

Q3. What is the name of the third guided missile destroyer recently inducted into the Indian Navy?

1. Mumbai
2. Kolkata
3. Imphal
4. Delhi

Ans:- 3) Imphal

• On October 20, 2023, a significant milestone was achieved for the Indian Navy as the cutting-edge stealth guided missile destroyer, Yard 12706 (Imphal), was formally handed over to the Indian Navy.
• Imphal represents the third vessel of Project 15B, constructed at the esteemed Mazagon Dock Shipbuilders Limited (MDL). This project follows the success of the Kolkata class (Project 15A) destroyers, which were commissioned in the previous decade.
• Boasting a displacement of 7,400 tons and an overall length of 164 meters, this guided missile destroyer is equipped with advanced weaponry and state-of-the-art sensors, including surface-to-air missiles and torpedoes.
• Imphal, a product of the ingenuity of the Indian Navy’s Warship Design Bureau (WDB) and the skilled craftsmanship of Mazagon Dock Shipbuilders, serves as a testament to India’s proficiency in domestic shipbuilding.

Q4. What is the event mentioned in the statement about the multilateral naval exercise?

1. MILAN – 23
2. MILAN – 24
3. MILAN – 25
4. MILAN – 26

Ans:- 2) MILAN_24

• The Indian Navy is gearing up to host MILAN 24, a highly significant multilateral naval exercise, scheduled to take place in Visakhapatnam from February 19th to 27th, 2024. This event upholds a longstanding tradition of organizing the MILAN exercise, reaffirming India’s dedication to promoting international maritime cooperation.
• MILAN 24 will encompass both a harbour phase and a sea phase. Notably, this exercise will coincide with India’s G20 Presidency, embodying the G20 theme of ‘Vasudhaiva Kutumbakam’, signifying the world as one family. MILAN 24 is poised to witness the largest-ever participation to date, with invitations extended to over 50 countries.
• Introduced by the Indian Navy in 1995, MILAN is a biennial multilateral naval exercise. Initially aligned with India’s ‘Look East Policy’, it subsequently expanded its horizon in sync with India’s evolving international engagement, encompassing the ‘Act East policy’ and Prime Minister Narendra Modi’s ‘Security And Growth for All in the Region (SAGAR)’ initiative. This transformation led to the inclusion of participation from Friendly Foreign Countries (FFCs).

Q5. What is the purpose of the pilot run initiated by RBI for testing E-Rupee?

1. Cross-Border Transactions
2. Inter-Bank Borrowing
3. Retail Transactions
4. Digital Wallet Integration

Ans:- 2) Inter-Bank Borrowing

• The Reserve Bank of India has taken a momentous stride in the digital transformation of the nation’s financial landscape by commencing a pilot run to assess the E-Rupee, a Central Bank Digital Currency (CBDC), specifically for inter-bank borrowing.
• The E-Rupee pilot project stands as an ambitious endeavor poised to leverage the potential of blockchain technology and digital currency, with the aim of revolutionizing the process of inter-bank transactions within India.
• A crucial facet of this pilot project is the examination of user behavior. The insights gleaned from this phase will play a pivotal role in shaping design choices and influencing decisions regarding the policy framework.
• A major objective of the retail CBDC pilot is to achieve a daily transaction volume of 10 lakh (1 million) transactions by December 2023. The RBI is actively working towards establishing the groundwork to meet this target, with a strong emphasis on interoperability among various stakeholders. The initial transaction rate of 18,000-20,000 transactions per day is anticipated to see a substantial increase in the forthcoming months.

Current affairs coverage sheds light on social, political, economic, and environmental issues that may not receive widespread attention. By highlighting these topics, it raises awareness among individuals and promotes a sense of social responsibility and civic engagement.

Q1. What does the U.S. Pentagon report highlight regarding China’s military capabilities?

1. Naval Expansion Plans
2. Nuclear Arsenal Buildup
3. Cybersecurity Threats
4. Space Warfare Strategies

Ans:- 2)Nuclear Arsenal Buildup

• The U.S. Pentagon’s 2023 report on China’s military capabilities reveals an accelerated expansion of China’s nuclear weapons arsenal, surpassing previous estimations. It indicates that China is on a trajectory to possess more than 1,000 nuclear warheads by the year 2030.
• In addition to nuclear buildup, China has been applying military, diplomatic, and economic pressures on Taiwan. This encompasses activities like ballistic missile flyovers, heightened warplane intrusions into Taiwan’s defense airspace, and extensive military drills surrounding Taiwan.
• China’s objective is to modernize its military with the aspiration of achieving a “world-class” status by 2049. As per reports, China’s military expenditure in 2023 has seen a notable 7.2% increase, amounting to $216 billion USD, surpassing its economic growth. Some sources suggest that the actual spending could potentially be even higher.

Q2. Who unveiled Mahatma Gandhi’s bust in Vietnam?

1. Narendra Modi
2. S Jaishankar
3. Rajnath Singh
4. Amit Shah

Ans:- 2) S Jaishankar

• During his significant official visit to Vietnam, External Affairs Minister S Jaishankar reinforced bilateral relations and paid tribute to the enduring ideals upheld by Mahatma Gandhi and Rabindranath Tagore.
• A noteworthy highlight of Jaishankar’s visit was the unveiling ceremony of a bust of Mahatma Gandhi in Ho Chi Minh City. Addressing the gathering, Jaishankar underscored the symbolic significance of the occasion, emphasizing Gandhi’s global acclaim for his principles of truth, non-violence, and freedom.
• Additionally, Jaishankar inaugurated the bust of Rabindranath Tagore in Bac Ninh province. Tagore, a distinguished poet and philosopher, holds a special place in the hearts of Indians and has left an indelible mark on global literature. This event served as a celebration of India’s diverse cultural heritage and its cultural bonds with Vietnam.

Q3.Who inaugurated the ‘Shraddhanjali’ flyover, which is the second longest flyover in Assam?

1. Sarbananda Sonowal
2. Himanta Biswa Sarma
3. Gaurav Gogoi
4. Tarun Gogoi

Ans:- 2)Himanta Biswa Sarma

• On October 19, 2023, Assam Chief Minister Himanta Biswa Sarma inaugurated the ‘Shraddhanjali’ flyover in Guwahati, a remarkable feat in the state’s infrastructure progress, achieved within an impressive span of 60 days, and a notable 300 days ahead of schedule.
• Spanning a length of 2.28 kilometers, the Shraddhanjali flyover connects Commerce Point with Sundrapur on RG Baruah Road, earning it the distinction of being the second longest flyover in the state. This extensive project was completed within a budget of Rs 316 crore.
• The name “Shraddhanjali” was aptly chosen for the flyover to pay homage to Shraddhanjali Kanan, a park nestled within the state’s zoo cum-botanical garden. This thoughtful naming decision serves as a tribute to an iconic locale in Assam, shining a light on the state’s abundant cultural and natural heritage.

Q4. Which state’s cabinet approved the formation of a Special Tiger Protection Force for three tiger reserves?

1. Assam
2. Arunachal Pradesh
3. Madhya Pradesh
4. Maharashtra

Ans:- 2)Arunachal Pradesh

• The State Cabinet of Arunachal Pradesh has granted approval for several significant initiatives. This includes the establishment of a dedicated Special Tiger Protection Force (STPF) tasked with safeguarding the state’s three tiger reserves: Namdapha, Pakke, and Kamlang. This crucial step is aimed at curbing poaching and illegal activities within these reserves, providing essential protection for the critically endangered tiger population.
• Additionally, the cabinet has endorsed the formulation of the Arunachal Pradesh Home Guard Rules for 2023. These new regulations are designed to streamline the operations of the Home Guard in the state, further enhancing its capacity to ensure the safety and security of the citizens of Arunachal Pradesh.

Q5.Which military force won the gold medal in the 2023 Cambrian Patrol military exercise held in the UK?

1.Indian Air Force

2. Indian Army

3.Indian Navy

4.Indian Special Forces

Ans:- 2) Indian Army

• In a remarkable display of military prowess on the global stage, the Indian Army clinched a gold medal at the prestigious 2023 Cambrian Patrol Competition held in Wales, UK. The victory was achieved by an elite team from the 3/5 Gorkha Rifles (Frontier Force), underscoring a significant milestone for the Indian Army.
• Often dubbed the “Olympics of Military Patrolling,” the Cambrian Patrol Competition is renowned for its rigorous assessment of endurance and teamwork. The Indian Army team faced stiff competition from 111 teams, including 38 international contingents representing special forces and esteemed regiments worldwide.
• Conducted by the UK Army, the competition challenges participants to navigate a challenging 60 km course through the rugged terrains of Wales, UK, which encompass daunting mountains and swamplands. The teams must complete this formidable course in under 48 hours, all while executing tactical missions, making it one of the most demanding military exercises globally.

Q6.What is the subject of the discussion regarding India’s role in the global economy?

1. Climate Change Mitigation
2. Technological Advancements
3. Contribution to Global Economic Growth
4. Political Alliances

Ans:-3) Contribution to Global Economic Growth

• Krishna Srinivasan, Director of IMF Asia & Pacific Department, has projected that India’s share in global economic growth will rise from the current 16% to 18% in the next five years.
• Srinivasan emphasized that the economic growth of the region is anticipated to be 4.6% in 2023 and 4.2% in 2024. This trajectory positions the region to contribute nearly two-thirds of the global economic expansion.
• He also underscored the resilience of India’s economy, foreseeing a growth rate of 6.3% for the fiscal year 2023/24. Moreover, he expressed confidence that India’s central government will meet the fiscal deficit target of 5.9% for FY24.

Q7.How much is Tata Motors planning to invest to acquire a 27% stake in ‘Freight Tiger’?

1.₹100 Crore

2.₹150 Crore

3.₹200 Crore

4.₹250 Crore

Ans:-2)₹150 Crore

• Tata Motors, a prominent player in the Indian automotive industry, has unveiled a strategic move set to revolutionize the country’s logistics sector. The company has disclosed its intention to acquire a noteworthy 27% stake in Freight Tiger, a Software-as-a-Service (SaaS) platform specializing in comprehensive logistics solutions.
• In a substantial commitment, Tata Motors is set to invest ₹150 crore in Freight Tiger in exchange for the 27% stake in this SaaS platform. Additionally, Tata Motors retains the option to make an additional investment of ₹100 crore over the next two years, contingent upon the prevailing market valuation.
• Beyond its role as a marketplace, Freight Tiger provides a range of SaaS solutions aimed at digitizing and streamlining various facets of logistics operations. These encompass features like freight tracking, assignment management, carrier matching, documentation, and payment processing. Over the span of seven years, the platform has effectively integrated and rectified inefficiencies in cargo movements, overseeing more than 10 million trips on an annualized basis.

Q8.Who has been appointed as the brand ambassador for Puma?

1. Virat Kohli
2. Rohit Sharma
3. Mohammed Shami
4. Hardik Pandya

Ans:- 3)Mohammed Shami

• Puma, the renowned sports brand, has proudly welcomed Mohammed Shami, a prominent Indian fast bowler, as its newest brand ambassador. This strategic collaboration further enriches Puma’s illustrious lineup of brand ambassadors.
• In this partnership, Mohammed Shami will represent Puma and endorse a range of products including footwear, apparel, and accessories. Concurrently with Shami’s inclusion, the brand has also unveiled new bowling spikes featuring a specially crafted mid-sole tailored to cater to the specific needs of fast bowlers.
• Mohammed Shami’s cricketing journey is adorned with remarkable feats. His debut for Team India against the West Indies in 2013 at the iconic Eden Gardens is etched in cricketing history. During this debut match, he left an enduring legacy by claiming nine wickets, a remarkable achievement that remains unmatched by any Indian fast bowler in their inaugural match.

Q9.How many judges have been appointed across 8 High Courts as per the recent notification by the Centre?

1. 12
2. 15
3. 17
4. 20

Ans:- 3) 17

• In an unexpected move, the Union government has issued notifications for the transfer of 16 high court judges and the appointment of 17 new judges across various high courts. This announcement, made by Union Law Minister Arjun Ram Meghwal on a popular social media platform, marked a historic high in the number of judicial notifications made by the Centre in a single day.
• Significantly, among the transferred judges were those who had been recommended by the collegium earlier in the year. Notably, Justice MV Muralidaran, one of the transferred judges, had issued a contentious order in Manipur, which led to ethnic clashes between the Meiteis and the Kukis. This order, advocating for the inclusion of the Meitei community in the Scheduled Tribe (ST) list, became a focal point for conflict in the northeastern state.
• As of October 1, a substantial 31% of high court judge positions (347 out of 1,114) remained vacant across 25 high courts in India. This high vacancy rate further compounded the challenges faced by the judiciary.

Q10.Who achieved a notable victory over Magnus Carlsen, as mentioned in the statement?

1. Vishwanathan Anand
2. Karthikeyan Murali
3. Hikaru Nakamura
4. Levon Aronian

Ans:-2)Karthikeyan Murali

• In a momentous turn of events at the ongoing Qatar Masters, 24-year-old Indian chess grandmaster Karthikeyan Murali achieved a stunning feat by securing a victory over the world’s top-ranked player, Magnus Carlsen.
• Karthikeyan Murali’s triumph at the Qatar Masters stands as a significant milestone in the realm of chess, spotlighting the extraordinary talent and potential of Indian chess players at the global level.
• This monumental win not only etches Karthikeyan’s name in the annals of chess history but also places him in the esteemed company of other leading players, boasting an impressive score of 5.5 out of 7. Among this exclusive club of chess maestros are players like SL Narayan, Javokhir Sindarov, David Paravyan, Arjun Erigaisi, and Nodirbek Yakubboev.

Current affairs coverage helps individuals understand the interconnectedness of global and local events. It shows how decisions made at the international level can impact local communities and vice versa. This encourages individuals to recognize their role as global citizens and engage with issues that affect them directly or indirectly. 

Q1.What is the Jericho Missile commonly referred to as?

1. Tactical Weapon
2. Doomsday Weapon
3. Stealth Missile
4. Precision Bomb

Ans:- 2) Doomsday Weapon

• Recently, Israeli legislator Revital “Tally” Gotliv, a member of the Knesset representing Prime Minister Benjamin Netanyahu’s Likud Party, has sparked a global debate with her provocative comments regarding the potential use of a “doomsday” weapon against Hamas and Palestine. These statements were made on a popular social media platform.
• The Jericho missile program holds a significant place in Israel’s military capabilities, originating in the 1960s. Initially developed in collaboration with the French aerospace company Dassault, it was named after the biblical city located in the West Bank.
• In subsequent years, Israel introduced the Jericho-3, an intermediate-range missile system. It featured larger dimensions than the Jericho-2, with a diameter of 1.56 meters. The single warhead of the Jericho-3 weighed approximately 750 kilograms and boasted a range of 4,800 to 6,500 kilometers. Its payload capacity extended to about 1,300 kilograms (2,866 pounds), solidifying its position as a formidable component of Israel’s military arsenal.

Q2.Who will be conducting the International Solar Alliance’s (ISA) Sixth Assembly in New Delhi from October 30?

1. Prime Minister Narendra Modi
2. Power Minister R.K. Singh
3. Environment Minister Prakash Javadekar
4. Finance Minister Nirmala Sitharaman

Ans:-2)Power Minister R.K. Singh

• The Sixth Assembly of the International Solar Alliance (ISA) is scheduled to convene in New Delhi from October 30 to November 2, 2023. This significant gathering will be presided over by Shri R.K. Singh, the President of the ISA Assembly and the Union Minister for Power and New & Renewable Energy, Government of India.
• During the Sixth Assembly, there will be extensive deliberations on ISA’s initiatives that directly impact critical aspects of energy, including energy accessibility, security, and transitions. The focal points will encompass:

1. Universalizing Energy Access through Solar Mini-Grids.
2. Mobilizing Financial Resources for Swift Solar Deployment.
3. Expanding Supply Chains and Manufacturing for Solar.

• With participation confirmed from 96 countries, including 20 ministers, and active involvement from various multilateral development banks and stakeholders, the forthcoming ISA Assembly is poised to mark a significant milestone in propelling solar energy on the global platform.

Q3.Where will India’s first Regional Rapid Transit System (RRTS) be launched?

1.  Uttar Pradesh
2. Maharashtra
3. Karnataka
4. Tamil Nadu

Ans:-1) Uttar Pradesh

• On October 20, 2023, Prime Minister Shri Narendra Modi is slated to inaugurate the crucial section of the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Corridor. This event will also mark the introduction of the RapidX train, signifying the commencement of RRTS operations in India. The inauguration ceremony will be held at the Sahibabad RapidX Station in Uttar Pradesh.
• The priority segment of the Delhi-Ghaziabad-Meerut RRTS Corridor covers a distance of 17 kilometers, representing a significant leap in India’s transportation infrastructure. This stretch will establish a connection from Sahibabad to the ‘Duhai Depot,’ with intermediary stations at Ghaziabad, Guldhar, and Duhai.
• Boasting an impressive design speed of 180 kilometers per hour, the RRTS endeavors to offer high-speed train services for intercity travel at intervals of 15 minutes, with the potential to increase frequency to as frequent as every 5 minutes, based on demand.

Q4.What is the primary aim of Tamil Nadu’s AI-Powered Elephant Protection System?

1. Preventing Train Collisions
2. Enhancing Wildlife Conservation
3. Reducing Traffic Congestion
4. Monitoring Forest Fires

Ans:- 1)Preventing Train Collisions

• Tamil Nadu is on the verge of completing a groundbreaking artificial intelligence (AI)-driven early warning system aimed at protecting wild elephants from collisions with trains. This innovative initiative is being executed along the Ettimadai–Walayar railway section, offering an additional layer of safety for these magnificent creatures.
• The Forest Department has successfully erected 12 e-surveillance towers for this pioneering project, distributed between the ‘A’ and ‘B’ lines of the twin single-line railway. Thermal imaging cameras have been mounted on all towers along the ‘A’ line, while work is underway for camera installation and networking on the ‘B’ line.
• Tamil Nadu’s AI-powered early warning system stands out as a commendable endeavor to safeguard the lives of wild elephants and mitigate the risks associated with train collisions. With the final phases of implementation in progress, it is expected that this system will play a pivotal role in protecting the invaluable wildlife in the Ettimadai–Walayar region, exemplifying the harmonious blend of technology and conservation efforts.

Q5.By which month in 2024 is India expected to sign a deal with the US for 31 MQ-9B drones?

1.February

2.April

3.June

4. August

Ans:- 1) Februray

• India is in the final stages of a significant defense agreement with the United States. Credible sources indicate that the deal encompasses the acquisition of 31 MQ-9B Unmanned Aerial Vehicles (UAVs) from General Atomics (GA). This procurement is poised to substantially bolster India’s military capabilities.
• Commencing from February 2027, which is three years post the contract’s formalization, the deal is projected to cost approximately $3,072 million and will be facilitated through the U.S. Foreign Military Sales (FMS) channel. The allotment of the 31 drones is as follows: 15 for the Indian Navy, and 8 each for the Indian Army and Air Force.
• These drones, available in Sky Guardian and Sea Guardian variants, offer augmented Intelligence, Surveillance, and Reconnaissance (ISR) capacities for the Indian armed forces. They possess the ability to operate over long distances, establish satellite communication for up to 40 hours, function effectively in diverse weather conditions, and seamlessly integrate into civilian airspace.

Current affairs coverage goes beyond just reporting facts. It offers analysis, background information, and context to help individuals understand the underlying causes, implications, and perspectives surrounding various events. This enables individuals to form more informed opinions and make sense of complex issues.

Q1.What is the amount that India plans to invest in infrastructure by 2030?

1. ₹43 Lakh Crore
2. ₹93 Lakh Crore
3. ₹113 Lakh Crore
4. ₹143 Lakh Crore

Ans:- 4)₹143 Lakh Crore

• India is poised for a significant surge in infrastructure expenditure, with plans to invest nearly ₹143 lakh crore between fiscal years 2024 and 2030. This amount is over twice the ₹67 lakh crore spent on infrastructure in the past seven financial years starting from 2017.
• A noteworthy feature of this investment is that ₹36.6 lakh crore will be dedicated to green projects. This constitutes a fivefold increase in comparison to the amount expended on sustainability-focused initiatives between fiscal years 2017 and 2023. This emphasis on green investments underscores India’s unwavering dedication to environmental sustainability.
• The hydrogen sector is anticipated to draw substantial investments, estimated at ₹1.5 lakh crore between fiscal years 2024 and 2030. Mandates promoting green hydrogen utilization and incentive programs will hold pivotal roles, given that the production cost of green hydrogen is twice that of fossil-based hydrogen.

Q2.Who launched IndiaSkills 2023-24 in New Delhi?

1.  Narendra Modi
2. Amit Shah
3. Dharmendra Pradhan
4. Rajnath Singh

Ans:-3)Dharmendra Pradhan

• The Ministry of Skill Development & Entrepreneurship has introduced the IndiaSkills 2023-24 program, celebrating the outstanding achievements of the winners at WorldSkills 2022. India, securing the 11th position in the global competition last year, is now set to make significant advancements in skill development.
• Union Minister Dharmendra Pradhan emphasized the need to expand participation and boost the skill development ecosystem, highlighting the importance of competencies over conventional degrees. He stressed the significance of introducing practical skills, which would augment the workforce’s acceptance in the job market.
• Additionally, the Union Minister extended his congratulations to 18 candidates from India for their exceptional performance at the World Skills Competition 2022 Special Edition. India’s participation across 50 skills resulted in an admirable 11th position, accompanied by 2 Silver Medals, 3 Bronze Medals, and 13 Medallions for Excellence.

Q3.After how many decades has the India-Sri Lanka Ferry Service reopened?

1. Two Decades
2. Three Decades
3. Four Decades
4. Five Decades

Ans:-3) Four Decades

• The long-standing sea route connecting India and Sri Lanka has been reinvigorated with the introduction of a passenger ferry service from Nagapattinam in Tamil Nadu to Kankesanthurai in Jaffna, Northern Sri Lanka. The passenger ferry, named ‘Cheriyapani,’ was officially inaugurated on a Saturday.
• A one-way ticket for this high-speed craft is priced at approximately Rs 7,670, coupled with a generous baggage allowance of up to 40 kg per passenger. The journey embarks from Nagapattinam at 7 am, arriving at Kankesanthurai by 11 am. The return trip sets off at 1.30 pm, reaching Nagapattinam by 5.30 pm.
• The reinstatement of the passenger ferry service holds significant potential for the region. By offering an additional mode of transportation, it has the capacity to enhance religious tourism in the coastal areas of both India and Sri Lanka.

Q4.What does the term ‘IRON BEAM’ refer to?

1. A new type of steel alloy
2. An advanced missile defense system
3. A high-speed train technology
4. A renewable energy project

Ans:-2)An advanced missile defense system

• The long-standing sea route connecting India and Sri Lanka has been reinvigorated with the introduction of a passenger ferry service from Nagapattinam in Tamil Nadu to Kankesanthurai in Jaffna, Northern Sri Lanka. The passenger ferry, named ‘Cheriyapani,’ was officially inaugurated on a Saturday.
• A one-way ticket for this high-speed craft is priced at approximately Rs 7,670, coupled with a generous baggage allowance of up to 40 kg per passenger. The journey embarks from Nagapattinam at 7 am, arriving at Kankesanthurai by 11 am. The return trip sets off at 1.30 pm, reaching Nagapattinam by 5.30 pm.
• The reinstatement of the passenger ferry service holds significant potential for the region. By offering an additional mode of transportation, it has the capacity to enhance religious tourism in the coastal areas of both India and Sri Lanka.

Q5.Who visited Israel amid an ongoing conflict?

1. Boris Johnson
2. Emmanuel Macron
3. Joe Biden
4. Justin Trudeau

Ans:- 3) Joe Biden

• United States President Joe Biden is scheduled to visit Israel amidst an ongoing conflict with Hamas fighters. This trip has been confirmed by US Secretary of State Anthony Blinken, and the White House has released an official statement expressing strong support for Israel.
• Biden’s visit follows a breach of Israel’s heavily fortified Gaza border by Hamas fighters, leading to a surprise attack. In response, Israel’s Prime Minister Benjamin Netanyahu declared war on Hamas, resulting in significant casualties and destruction.
• During his visit, President Biden will hold discussions with Israel’s Prime Minister Netanyahu in Tel Aviv. Subsequently, he will travel to Jordan’s capital, Amman, to explore options for increasing humanitarian aid to Gaza. In Amman, he will also meet with Jordan’s King Abdullah, Egyptian President Abdel Fattah el-Sisi, and the Palestinian Authority President Mahmoud Abbas, who opposes Hamas and governs the West Bank.

Q6.What did UP CM Yogi Adityanath announce for Ujjwala Scheme beneficiaries?

1. Free Electricity
2. Free Gas Cylinder
3. Free Water Supply
4. Free Mobile Phones

Ans:- 2) Free Gas Cylinder

• Uttar Pradesh Chief Minister Yogi Adityanath made a significant announcement regarding the Ujjwala scheme. Every beneficiary of the scheme will receive a complimentary cooking gas cylinder as a special Diwali gesture. This gift holds immense importance for the Ujjwala scheme beneficiaries, signifying a crucial step towards enhancing the lives of the underprivileged.
• This announcement was made during an event in Bulandshahr, where Chief Minister Adityanath not only shared this heartening news but also inaugurated and laid the foundation stones for a range of development projects amounting to a substantial Rs 632 crore.
• Additionally, Chief Minister Adityanath lauded the impact of the ‘Beti Bachao Beti Padhao’ campaign. This initiative has reached a point where accomplished women like Parul Chaudhary and Annu Rani have secured gold medals in the Asian Games, bringing honor to both the nation and the state of Uttar Pradesh.

Q7.What did PM Modi unveil for India’s maritime economy?

1. Short Term Plan
2. Mid Term Blueprint
3. Long Term Blueprint
4. Economic Stimulus Package

Ans:-3)Long Term Blueprint

• Prime Minister Narendra Modi inaugurated a series of significant maritime projects, including the unveiling of a long-term vision document for the blue economy. These initiatives are aligned with the ‘Amrit Kaal Vision 2047’ for the Indian maritime blue economy.
• The vision document outlines strategic initiatives aimed at enhancing port facilities, promoting sustainable practices, and facilitating international collaboration. The Prime Minister laid the foundation stone of the Tuna-Tekra all-weather deep-draft terminal, to be built at a cost of more than Rs 4,500 crore at Deendayal Port Authority in Gujarat.
  The greenfield terminal, developed through a public-private partnership (PPP) mode, is expected to emerge as an international trade hub. The Prime Minister also dedicated more than 300 Memorandums of Understanding (MoUs) worth more than Rs 7.16 lakh crore for global and national partnerships in the maritime sector.

Q8.Which institution imposed a monetary penalty on four cooperative banks and one HFC?

1. RBI
2. SBI
3. PNB
4. BOB

Ans:-1)RBI

• The Reserve Bank of India (RBI) has recently taken punitive measures against several financial institutions in Gujarat for non-compliance with established banking regulations. These actions include:

1. Gujarat Mercantile Co-operative Bank Ltd. faced a penalty of ₹4.50 lakh due to violations of RBI directives pertaining to deposit placement, Cash Reserve Ratio (CRR), exceeding inter-bank exposure limits, and failure to maintain the minimum CRR on certain days.

2. Nagarik Sahakari Bank Ltd. incurred a penalty of ₹2.00 lakh for contravening specific sections of the Banking Regulation Act, 1949.

3. Makarpura Industrial Estate Co-operative Bank Ltd. received a ₹2.00 lakh penalty for non-compliance in transferring eligible funds to the Depositor Education and Awareness Fund and for sanctioning a loan with a relative of a bank director as guarantor.

4. The Sevalia Urban Co-operative Bank Ltd. was fined ₹50,000 for not adhering to RBI directives regarding loans and advances.

5. West End Housing Finance Limited faced a penalty of ₹1.70 lakh for failing to comply with National Housing Bank (NHB) directions on shareholding changes and for making shareholding alterations without obtaining prior written permission from NHB or RBI, thereby surpassing permitted limits.

Q9. What regulatory approval did IDFC receive for its merger with IDFC First Bank?

1. SEBI Approval
2. RBI Approval
3. CCI Approval
4. NSE Approval

Ans:- 3) CCI Approval

• On October 17, 2023, the Competition Commission of India (CCI) granted its approval for the merger of Infrastructure Development Finance Company (IDFC) and IDFC First Bank, as stated in a regulatory filing. This development follows Housing Development Finance Corporation (HDFC) successfully concluding its merger with HDFC Bank on July 1. As of June 30, 2023, IDFC held a 30.93 percent stake in IDFC First Bank through its non-financial holding company. Both entities have set their sights on finalizing the merger within the current fiscal year and have mutually settled on a share exchange ratio of “155:100”. This signifies that for every 100 shares of IDFC, shareholders will be allocated 155 shares of IDFC First Bank.

Q10.How much equity stake is the government planning to sell in Hudco through the Offer for Sale (OFS) process?

1. 5%
2. 7%
3. 10%
4. 15%

Ans:- 2) 7%

• The Indian government has unveiled its plan to sell a 7% equity stake in Housing and Urban Development Corp. Ltd (Hudco) through an offer for sale (OFS) scheduled for October 18-19. This strategic move is anticipated to yield approximately ₹1,100 crore in revenue.
• The OFS will kick off on October 18 for non-retail investors, followed by retail investors on the subsequent day. The government aims to divest 7% equity, inclusive of a green shoe option of 3.5%.
• The floor price for the offer has been fixed at ₹79 per share, representing a 12% reduction from the closing price of ₹89 on the BSE as of the preceding Tuesday. Around 140 million shares will be made available for purchase, amounting to a total value of approximately ₹1,106 crore. Notably, Hudco, in a filing with the BSE, confirmed that there will be no retail discount provided for the OFS.

Current affairs coverage sheds light on social, political, economic, and environmental issues that may not receive widespread attention. By highlighting these topics, it raises awareness among individuals and promotes a sense of social responsibility and civic engagement.

Q1.What recent decision has the Supreme Court of India made regarding the Electoral Bond case?

1. The case has been dismissed
2. The case has been referred to a 5-judge Constitution Bench
3. The case has been postponed indefinitely
4. The case has been transferred to a lower court

Ans:-2)The case has been referred to a 5-judge Constitution Bench

• The Supreme Court has taken the step of referring a cluster of petitions contesting the electoral bond scheme for political party funding to a five-judge Constitution bench. This move, led by Chief Justice D Y Chandrachud, came in response to an urgent application seeking a decisive judgment. The hearing for this matter is scheduled for October 30.
• Electoral bonds were introduced as a substitute for cash donations to political parties, with the aim of enhancing transparency and accountability in political funding.
• The presence of four Public Interest Litigations (PILs) underscores the substantial public interest and concern surrounding the electoral bond scheme. Back in March, one of the PIL petitioners asserted that a significant sum, amounting to Rs 12,000 crore, had been channeled to political parties via electoral bonds.

Q2.What decision did the Supreme Court make regarding the appeal to legalize same-sex marriage?

1. The appeal was accepted and same-sex marriage was legalized
2. The appeal was dismissed, and same-sex marriage remains illegal
3. The appeal was referred to a Constitutional Bench for further consideration
4. The Supreme Court did not make a decision on the matter

Ans:-2)The appeal was dismissed, and same-sex marriage remains illegal

• India’s Supreme Court recently delivered a notable verdict, rejecting an appeal to legalize same-sex marriages in the nation. This decision represents a setback for LGBTQ rights in one of the world’s most densely populated countries.
• Chief Justice Dhananjaya Yeshwant Chandrachud underscored that matters like same-sex marriage ought to be addressed by the parliament, reiterating the court’s dedication to refraining from involvement in policy affairs.
• Chandrachud additionally advocated for initiatives to combat discrimination against LGBTQ individuals. This encompasses the implementation of helplines and the establishment of secure shelters for those within the LGBTQ community who are at risk.

Q3.What is the expected outcome for the pro-EU opposition in Poland’s parliament polls?

1. Projected to win
2. Projected to lose
3. Expected to face a tie
4. No projections have been made

Ans:-2)Project to lose

• Poland’s recent parliamentary elections marked a significant shift, putting an end to eight years of populist rule by the Law and Justice (PiS) party. The liberal opposition, led by former EU chief Donald Tusk, emerged victorious, heralding a new era for the nation.
• A focal point in the elections was women’s rights, particularly Poland’s stringent abortion laws. Tusk’s commitment to liberalize these laws galvanized a substantial number of women voters. Notably, more women than men participated in the vote, with an impressive 73.7% turnout among women.
• Tusk’s Civic Coalition, potentially joined by allies Third Way and Left, is poised to secure a majority in the 460-seat parliament. This outcome signals a potential shift towards more progressive policies, including improved relations with the European Union and a commitment to release frozen EU funds.

Q4.How much worth of development projects did the Prime Minister inaugurate in Uttarakhand?

1. Rs 2400 Crore
2. Rs 3200 Crore
3. Rs 4200 Crore
4. Rs 5200 Crore

Ans:- 3) Rs 4200 Crore

• In Pithoragarh, Uttarakhand, Prime Minister Shri Narendra Modi recently marked a momentous occasion by laying the foundation stone and dedicating numerous development projects valued at around Rs 4200 crore.
• Encompassing a wide array of sectors such as rural development, road infrastructure, power generation, irrigation, drinking water supply, horticulture, education, healthcare, and disaster management, these initiatives reflect the Prime Minister’s dedication to fostering progress, connectivity, and resilience in Uttarakhand. They are poised to contribute significantly to the state’s sustainable development and elevate the overall quality of life for its residents.

Q5.What is the name of the campaign initiated by the Uttar Pradesh Government?

1. ‘Clean and Healthy Festival’
2. ‘Swachch Tyohar, Swasth Tyohar’
3. ‘Health and Hygiene Drive’
4. ‘Clean India, Green India’

Ans:-2)’Swachch Tyohar, Swasth Tyohar’

• The Uttar Pradesh government led by Yogi Adityanath has introduced a special cleanliness campaign titled ‘Swachch Tyohar, Swasth Tyohar’ (Clean Festival, Healthy Festival). This drive advocates the belief that ‘Cleanliness is next to Godliness’ and encourages active participation from both municipal bodies and citizens.
• The campaign underscores the significance of cleanliness, especially during the festive season. By ensuring clean and hygienic environments at religious sites and promptly addressing any infrastructure issues, the government aims to offer a spiritually enriching and enjoyable festival experience for everyone.
• This initiative seamlessly marries the timeless wisdom that ‘Cleanliness is next to Godliness,’ fostering a harmonious integration of spirituality and hygiene during the forthcoming Navratri, Dussehra, and Diwali festivities.

Q6.Which state became the first to take measures to guarantee minimum wages for workers?

1. Bihar
2. Jharkhand
3. Chhattisgarh
4. Odisha

Ans:- 2) Jharkhand

• Jharkhand is making history as the first state in India to take strides towards encompassing gig workers, including employees of platforms like Swiggy, Zomato, Ola, Uber, and Rapido, within the purview of minimum wages. This groundbreaking move signifies a major step in ensuring equitable compensation for those operating in the gig economy.
• Jharkhand’s progressive approach in considering minimum wages for gig workers and reassessing wage standards for laborers across different sectors is a significant stride towards guaranteeing fair remuneration. Under the state’s labor department, the Jharkhand State Minimum Wage Advisory Council has constituted a committee to address this matter.
• The primary goal of this committee is to examine the working conditions of gig workers, particularly those engaged in delivery and ride-hailing services. Based on their findings, the committee will put forth recommendations regarding the minimum wages applicable to these workers.

Q7.What is the expected economic growth rate of India in 2023-24?

1. 5%
2. 6%
3. 7%
4. 8%

Ans:- 3)7%

• India has demonstrated remarkable resilience in the face of global challenges, according to the latest India Development Update (IDU) by the World Bank. Despite a challenging global scenario, India’s economy expanded by 7.2% in FY22/23, positioning it among the fastest-growing major economies.
• The robust internal demand in India played a pivotal role in driving its economic growth. Substantial investments in public infrastructure spurred economic activity. Additionally, the financial sector witnessed bolstered growth, contributing to overall economic resilience.
• The initial quarter of FY23/24 witnessed a 15.8% surge in bank credit, indicating a robust financial environment. Inflation saw a rise to 7.8% in July, primarily due to escalated food prices, but it is anticipated to gradually stabilize. The trend of fiscal consolidation is expected to persist, with the fiscal deficit predicted to decrease from 6.4% to 5.9% of GDP. Moreover, public debt is stabilizing at 83% of GDP.

Q8.According to the FICCI survey, what is the projected economic growth rate for India in FY24?

1. 5.3%
2. 6.3%
3. 7.3%
4. 8.3%

Ans:-2)6.3%

• The Federation of Indian Chambers of Commerce and Industry (FICCI) recently unveiled its latest Economic Outlook Survey, offering insights into the anticipated growth of India’s economy in the upcoming fiscal year, FY24.
• The survey’s central projection envisions a 6.3% expansion in the Indian economy for FY24. This projection is contingent on various pivotal factors. Additionally, the festive season is expected to be a catalyst for economic growth. Festive occasions traditionally lead to heightened consumer spending, which, in turn, propels economic advancement.
• Anticipations suggest that growth in the agricultural sector will decelerate from 4% in FY23 to 2.7% in the current fiscal year due to the impact of El Niño on monsoon rainfall. Meanwhile, the industry sector is projected to grow at a rate of 5.6%, underscoring its significance in India’s economic landscape. The services sector is predicted to demonstrate robust growth at 7.3%, emphasizing its pivotal role as a major contributor to India’s economic upswing.

Q9.For how many consecutive months has wholesale inflation remained negative in India?

1. Three months
2. Four months
3. Five months
4. Six months

Ans:- 4) Six months

• India’s Wholesale Price Index (WPI) continued its negative trend for the sixth consecutive month in September, registering at -0.26 percent. This indicates a persistent decline in wholesale-level prices of goods.
• Notably, the food index within the Wholesale Price Index (WPI) saw a significant drop, largely attributed to a sharp reduction in tomato prices. Although tomatoes experienced a substantial decline of 73 percent in September, other food items such as cereals (1 percent), pulses (6 percent), fruits (5 percent), and milk (0.7 percent) witnessed price increases, leading to concerns for consumers.
• The WPI data indicated a 0.59 percent month-on-month (MoM) reduction in September, mirroring the 1.1 percent decline in the Consumer Price Index (CPI). Nevertheless, the adverse base effect, coupled with escalating prices in specific categories, counterbalanced the sequential decline, underscoring persisting economic challenges.

Q10.How much investment has the Asian Development Bank made to enhance Ahmedabad’s peri-urban areas?

1. $81 Million
2. $101 Million
3. $141 Million
4. $181 Million

Ans:-4)$181 Million

• The Asian Development Bank (ADB) has approved a loan of $181 million to enhance the quality of life in the peri-urban areas surrounding Ahmedabad, a city in the state of Gujarat, India. The project aims to elevate urban living standards and mobility in these swiftly expanding areas.
• A primary objective of this initiative is to regulate urban sprawl, offering a model for urban planning in other regions as well. This approach aids in effectively managing the expansion of cities and their surrounding areas.
• Furthermore, the project will augment the connectivity of peri-urban areas to Ahmedabad city, encompassing the improvement of 10 junctions along the existing Sardar Patel Ring Road.

Greetings, curious minds. Our journey into current affairs is a voyage through the ever-changing tides of our world.  Current Affairs are very important for all competitive exams including Banking, SSC, RBI, NABARD, UPSC Based exam, WBCS, State level civil service, etc.

Q1.What initiative has the government launched to promote eco-friendly actions?

1. Tradable Green Credit Program
2. Green Investment Scheme
3. Sustainable Development Credit Initiative
4. Eco-Friendly Action Incentive Program

Ans:-1)Tradable Green Credit Program

• The government has launched an innovative scheme enabling individuals and entities to accrue and exchange green credits, representing rewards for environmentally constructive activities. This endeavor seeks to stimulate favorable environmental impacts through market-driven incentives. Operating on a voluntary basis, this national-level program fosters a competitive market-oriented strategy for the procurement of green credits, thereby motivating environmental initiatives. This initiative is an offshoot of the ‘LiFE’ (Lifestyle for Environment) campaign.

Q2.What is the name of the initiative related to student ID cards?

1. One Student Nation
2. APAAR ID
3. Student ID Connect
4. National Student Identity Program

Ans:-2)APAAR ID

• The Ministry of Education, in collaboration with the Government of India, has introduced the APAAR ID, also known as the “One Nation One Student ID Card” initiative. This pioneering program is designed to digitally centralize academic information such as degrees, scholarships, achievements, and other credentials for students.
• The APAAR ID, or One Nation One Student ID Card, represents a major stride towards creating a more streamlined and user-friendly academic ecosystem for students across India. By registering and obtaining their APAAR ID, individuals can access a range of benefits and securely manage their academic records.

Q3.What is the subject of the article titled “Sri Lanka’s Strategic Trade Revisions: A Roadmap For Economic Transformation”?

1. Sri Lanka’s Environmental Policies
2. Economic Transformation in Sri Lanka
3. Trade Relations with Sri Lanka
4. Strategic Roadmap for Sri Lanka’s Military

Ans:-2)Economic Transformation in Sri Lanka

• Sri Lanka’s State Minister of Finance, Shehan Semasinghe, has revealed the country’s plan to reevaluate its existing free trade agreements (FTAs) with crucial bilateral allies. The initial emphasis will be placed on initiating dialogues with three vital partners: India, China, and Thailand. The primary aim is to effectively finalize the ongoing negotiations with these nations before progressing towards a more comprehensive regional trade agreement.

Q4.Where was the tallest BR Ambedkar statue outside India unveiled?

1. Washington
2. New York
3. London
4. Paris

Ans:- 1)Washington

• In a momentous occasion, a towering 19-foot statue of Dr. B.R. Ambedkar, the chief architect of India’s Constitution, was officially unveiled in a suburb of Maryland, Washington. This statue stands as the tallest of its kind outside India and carries immense significance for both Indian-Americans and the global Indian diaspora.
• The distinguished artist and sculptor, Ram Sutar, renowned for crafting the ‘Statue of Unity’ dedicated to Sardar Patel on an island in Gujarat’s Narmada River, was the creator of this remarkable statue.

Q5.What is the subject of the article titled “Understanding The Indian Ocean Rim Association (IORA) And Its Significance”?

1. Indian Ocean Climate Patterns
2. Indian Ocean’s Marine Life
3. Indian Ocean Rim Association (IORA)
4. Indian Ocean Trade Routes

Ans:-3)Indian Ocean Rim Association (IORA)

• The Indian Ocean Rim Association (IORA) recently held its Council of Ministers meeting in Colombo on October 11, garnering attention from countries across the globe. Its origins can be traced back to a speech delivered by former South African President Nelson Mandela during his visit to India in 1995.
• Comprising 23 member nations and 11 dialogue partners, IORA plays a pivotal role in promoting regional cooperation within the Indian Ocean sphere. This encompasses countries from African, West Asian, South Asian, South East Asian, Australian, and Indian Ocean littoral states.
• The Indian Ocean Region is of immense significance due to its geographical, economic, and strategic relevance. It houses approximately one-third of the world’s population, amounting to 2.6 billion people.

Q6.Where did Jaishankar unveil Rabindranath Tagore’s bust?

1. Japan
2. Vietnam
3. Sri Lanka
4. Thailand

Ans:-3)Vietnam

• In a recent diplomatic move, India’s External Affairs Minister, S. Jaishankar, unveiled a bust of Nobel Laureate writer and poet Rabindranath Tagore in Bac Ninh city. This gesture symbolizes the deep-rooted historical and cultural connections between the two nations.
• The inauguration of Tagore’s bust in Bac Ninh city underscores the enduring relationship and mutual esteem that India and Vietnam hold, setting the stage for a promising future in their diplomatic and cultural ties.
• Indian monks played a pivotal role in introducing Buddhism to Vietnam, establishing a shared spiritual heritage. A living testament to the longstanding bonds between India and Vietnam is the Bodhi tree, a gift from President Rajendra Prasad to President Ho Chi Minh in 1959.

Q7.Which political party in Telangana unveiled a manifesto for the underprivileged?

1. Bharatiya Janata Party (BJP)
2. Telangana Rashtra Samithi (TRS)
3. Indian National Congress (INC)
4. Communist Party of India (CPI)

Ans:- 2)Telangana Rashtra Samithi (TRS)

• The Bharat Rashtra Samithi (BRS) has recently revealed its manifesto, pledging an array of transformative measures aimed at enhancing the well-being of underprivileged citizens. During a press conference held on October 15th, party president and Chief Minister K. Chandrashekar Rao elucidated on these promises, emphasizing their dedication to uplift the marginalized segments of society.

Q8.Which Indian state recently got its first 3D-printed building in just 28 days?

1. Kerala
2. Maharashtra
3. Tamil Nadu
4. Karnataka

Ans:-1)Kerela

• Kerala has achieved a remarkable feat in the realm of construction with the introduction of Amaze-28, the state’s inaugural building constructed through 3D printing technology. This pioneering architectural marvel, featuring a 380-square-foot, single-room summer house, was unveiled at the Kerala State Nirmithi Kendra (Kesnik) campus in PTP Nagar, Thiruvananthapuram.
• Amaze-28’s construction entailed a mere 28 hours of 3D printing, while the remaining components, including windows and roofing, were fashioned using conventional methods. The chief advantage of this technology lies in its unprecedented speed.

Q9.Why did RBI impose a ₹1 crore penalty on Union Bank?

1. Violation of Customer Privacy
2. Inadequate Capital Reserves
3. Non-Compliance with Banking Regulations
4. Mishandling of Government Funds

Ans:-3) Non-Compliance with Banking Regulations

• The Reserve Bank of India (RBI) has taken a strict stance against non-compliance with its regulatory directives, resulting in penalties for Union Bank of India, RBL Bank, and Bajaj Finance. These entities have faced penalties for various violations of RBI’s regulatory guidelines.
• Union Bank of India has incurred a penalty of ₹1 crore for its failure to adhere to the regulatory guidelines on ‘Loans and Advances – Statutory and Other Restrictions.’
• RBL Bank has been fined ₹64 lakh for its non-compliance with RBI’s regulatory approval norms regarding the acquisition of shares or voting rights in private sector banks. Meanwhile, Pune-based Bajaj Finance also faces a penalty of ₹8.50 lakh for breaching regulatory norms concerning the reporting of specific fraud cases to the RBI.

Q10.How much did PMJDY add to the total balance in H1?

1. ₹10,000 Crore
2. ₹20,000 Crore
3. ₹30,000 Crore
4. ₹40,000 Crore

Ans:-3) ₹30,000 Crore

• The Pradhan Mantri Jan Dhan Yojana (PMJDY) has achieved remarkable success, benefiting over 50 crore individuals and witnessing a substantial surge in the overall account balance. The scheme’s effectiveness in promoting financial inclusion, especially in the post-Covid-19 era, is evident.
• In the first half of the current fiscal year, the cumulative balance in PMJDY accounts saw a notable rise, reaching ₹2.05 lakh crore as of October 4, 2023, with an increase of ₹30,000 crore. The number of beneficiaries has surged by over 3.5 crore in the past year, from 47 crore to 50.63 crore, indicating a consistent upward trajectory in new enrollments.
• Among these accounts, public sector banks manage 40 crore, with a collective balance of ₹1.60-lakh crore, while the remainder is held by regional rural banks, co-operative banks, and private sector banks. The integration of PMJDY with various government schemes and Direct Benefit Transfers (DBTs) further enhances its attractiveness among beneficiaries.