Quiz: Daily Current Affairs 07 January 2024

Quiz: Daily Current Affairs 07 January 2024

Current affairs play a pivotal role in competitive examinations, serving as a crucial component that assesses a candidate’s awareness of ongoing events, trends, and issues both at national and international levels. Staying informed about current affairs is essential for several reasons.

It reflects a candidate’s general knowledge and awareness, which are key indicators of intellectual acumen. Examinations often include questions related to recent developments, political changes, economic policies, and social issues. Demonstrating awareness of these topics showcases a candidate’s ability to stay updated and engaged with the world around them.


Quiz: Daily Current Affairs 07 January 2024


#1. Which Indian state's Wancho Wooden Craft recently received a Geographical Indication (GI) tag?

Arunachal Pradesh’s ginger, locally known as Adi Kekir, handmade carpets and Wancho wooden craft have secured the Geographical Indication (GI) tag, Chief Minister Pema Khandu has announced.
A geographical indication or GI is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.

#2. Which of the following organizations celebrated its 66th Foundation Day on January 1, 2024?

India’s Defence Research and Development Organisation (DRDO) commemorated its 66th Foundation Day on January 1, 2024.

#3. Who has recently achieved the historic milestone of becoming the first woman with a $100 billion fortune, according to the Bloomberg Billionaires Index?

Francoise Bettencourt Meyers, the L’Oreal heiress, has made history by achieving a $100 billion fortune, solidifying her position as a global financial powerhouse and marking a significant milestone for the fashion and cosmetics industries in France.

#4. Who has been appointed as the Chief Executive Officer and Managing Director of the National Investment and Infrastructure Fund Limited (NIIFL)?

The National Investment and Infrastructure Fund Limited (NIIF) has appointed Sanjiv Aggarwal as Chief Executive Officer and Managing Director of NIIF. Aggarwal has served as partner in Actis energy since 2008, where he was responsible for sustainable energy investments for Asia including India.

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

On January 1, Nadia Calvino took over as president of the European Investment Bank, becoming the first Spanish woman and woman to occupy this role in the history of the organization.

#6. Who has been appointed as the Managing Director of the National Asset Reconstruction Company (NARCL)?

P Santhosh, Chief General Manager at Canara Bank, has been appointed as the Managing Director of National Asset Reconstruction Company (NARCL), succeeding Natarajan Sundar, marking an unexpected change in leadership at the government-promoted asset reconstruction organization.

#7. In which Indian state is Adidas establishing its first and only Global Capacity Centre (GCC) in Asia outside of China?

Adidas is strategically setting up its first and only Global Capacity Centre (GCC) in Asia outside of China, and the chosen location is Tamil Nadu. This move reflects the trend of multinational corporations selecting India, specifically Tamil Nadu, as a prime destination for establishing their GCCs.

#8. What is the name of the comprehensive scheme launched under the Ministry of Earth Sciences?

The PRITHVI (PRITHvi VIgyan) scheme is a comprehensive initiative by the Ministry of Earth Sciences, with a substantial budget of Rs. 4,797 crore, marking a new era in the study and understanding of Earth sciences in India.

#9. Which country is set to export 10,000 MW of power to India in the next 10 years, solidifying a long-term energy partnership?

Nepal and India have signed an agreement to export 10,000 megawatts of electricity to India in the next decade. The agreement was signed during a meeting between Nepalese Ministry of Energy, Water Resources and Irrigation Secretary Gopal Sigdel and Indian Energy Secretary Pankaj Agarwal.

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

The topic of this year’s Vibrant Gujarat Global Investors Summit, which will be held on January 10–12, 2024, is “Gateway to the Future.” Notably, Petr Fiala, the prime minister of the Czech Republic, is the event’s chief guest. This topic highlights how important the summit is in providing a forum for international policymakers, diplomats, corporate executives, and investors to work together, build alliances, and investigate a range of investment opportunities—all of which help to shape a bright future.

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

The collaboration between ISRO’s commercial arm, NewSpace India Ltd (NSIL), and SpaceX involves the launch of the communication satellite GSAT-20. This marks a historic moment as it signifies India’s first partnership with SpaceX for space exploration and satellite deployment.

#12. What is the new bulk deposit limit set by the Reserve Bank of India (RBI) for large urban cooperative banks (UCBs)?

The RBI has raised the bulk deposit limit for large urban co-operative banks (UCBs) significantly, from ₹15 lakhs to ₹1 crore and above, applicable to Tier 3 and Tier 4 UCBs.

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

A $1 billion Syndicated Social Loan was obtained by the State Bank of India in response to the expanding demand for Environmental, Social, and Governance (ESG) finance in the domestic market. According to SBI’s regulatory filing, the issuance consisted of $750 million plus an extra $250 million as a green shoe option.

#14. What is the name of the robotic system introduced by Stanford University to enhance bimanual mobile manipulation capabilities?

Stanford University has unveiled Mobile ALOHA, a robotic system designed to elevate the capabilities of bimanual mobile manipulation.

#15. By which year does the Memorandum of Understanding (MoU) between India and USAID aim to assist Indian Railways in achieving 'net zero carbon emission'?

The Union Cabinet during a meeting chaired by Prime Minister Narendra Modi approved an MoU signed between India and USAID/India to help the Indian Railways achieve net-zero carbon emission by 2030.

#16. Which digital payments app recently secured a payment aggregator (PA) license from the Reserve Bank of India (RBI) for e-commerce transactions?

The RBI has granted Tata Pay, the digital payments app part of Tata Digital, a payment aggregator (PA) license. With this noteworthy advancement, Tata Pay is now regarded as one of the leading companies in the sector for effectively managing e-commerce transactions inside its subsidiary companies.

#17. In which Indian state was a 10th-century inscription found, written in both Kannada and Sanskrit?

Found at the Mahadeva temple in Cacoda in southern Goa, the inscription dates to the 10th century and is written in Kannada and Sanskrit. It offers important insights on the history of the area during the Kadamba period.

#18. Which Indian state recently launched 200 electric buses, to achieve a 100% green public transportation system by 2025?

Assam Chief Minister Sarma inaugurated 200 electric buses in Guwahati as part of the state’s commitment to achieving a pollution-free and green public transportation system by 2025.

#19. Which organization has developed the 'National Single Window System (NSWS)' to simplify the import of medical devices in India?

Tata Consultancy Services (TCS) has developed the ‘National Single Window System (NSWS)’ to streamline medical device imports into India by offering a consolidated platform and improving commercial convenience. The “National Single Window System (NSWS)” was created by Tata Consultancy Services (TCS) for the Central Drugs Standard Control Organization (CDSCO) in India.

#20. Who has recently been appointed as the new President of the All India Rubber Industries Association (AIRIA)?

After Ramesh Kejriwal’s election, Shashi Singh has been chosen to lead the All India Rubber Industries Association (AIRIA). A new era for AIRIA is heralded by this leadership transition, with Singh well-positioned to forward the association’s objectives.

#21. Who inaugurated the Tur Dal Procurement Portal, allowing farmers to register and sell their produce at MSP or market rates to NAFED and NCCF?

With the launch of the Tur Dal Procurement Portal by Union Cooperation Minister Amit Shah, farmers may now sell their produce to NAFED and NCCF at market pricing or MSP, which is a major step towards agricultural reform.

#22. In collaboration with NRSC under ISRO, which organization has signed a 3-year MoU to develop and report a "Green Cover Index" for the National Highways network in alignment with the Green Highways Policy?

The National Highways Authority of India (NHAI) and the National Remote Sensing Centre (NRSC) of ISRO have inked a three-year Memorandum of Understanding (MoU) to create and publish a “Green Cover Index” for the vast network of national highways, with a focus on greening highway corridors in accordance with the 2015 Green Highways Policy.

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

In an effort to highlight the nation’s dedication to sporting greatness, especially in the field of hockey, Oman is about to open its newest sports complex, which will serve as the venue for the FIH (International Hockey Federation) Hockey5 World Cup qualifiers. The tournament is slated to take place right before the Paris Olympic Games in the summer of 2024.

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

The Demonstration Fast Reactor Fuel Reprocessing Plant (DFRP) was inaugurated at the Indira Gandhi Centre for Atomic Research (IGCAR), Kalpakkam, by the Prime Minister, marking a significant stride in enhancing India’s nuclear prowess.

#25. Which Central Public Sector Enterprise (CPSE), established under the Ministry of Power, recently signed an MoU with Rail Vikas Nigam Limited (RVNL) for diverse infrastructure projects over the next 5 years?

In an effort to support sectoral development, REC Limited (Rural Electrification Corporation), a Maharatna CPSE under the Ministry of Power, has partnered with RVNL and pledged Rs. 35,000 Crores for a range of infrastructure projects over the following five years.

#26. Which Indian state has become the first to map all 784 accident-prone sites using the Mappls App for road safety?

Punjab has achieved a significant milestone in road safety by becoming the first state in India to meticulously map all 784 accident black spots using the Mappls App, a state-of-the-art navigation system developed by MapMyIndia, showcasing its commitment to enhancing road safety.

#27. Who has been honoured with the 2023 Kuvempu Rashtriya Puraskar for his significant contributions to Indian languages?

Celebrated Bengali author Shirshendu Mukhopadhyay has been awarded the 2023 Kuvempu Rashtriya Puraskar in recognition of his outstanding contributions to a variety of genres, including children’s fiction and travelogues. The distinguished honor highlights his enormous contribution to Indian literature and comes with a cash prize of Rs 5 lakh, a silver medal, and a citation.

#28. Which company won the CII National Award for Excellence in Water Management and has set a goal to become 500% water-positive by 2025?

Hero MotoCorp, the biggest two-wheeler manufacturer in the world, has been recognized for its commitment to water conservation with the CII National Award for Excellence in Water Management. The company has set a remarkable target to become 500% water-positive by 2025.

#29. Who has been appointed as the CEO of the Indian Olympic Association?

Raghuram Iyer comes with a rich experience in the sports management field, having served as the CEO of Indian Premier League (IPL) sides Rajasthan Royals, Lucknow Super Giants and Rising Pune Supergiant.

#30. Which Indian state has launched the Nation's first-ever Report and Meeting Management Portal?

First introduced in the state of Himachal Pradesh, the revolutionary Report and Meeting Management Portals are intended to expedite communication, decision-making, and data management inside the government.

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