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Daily Current Affairs
09 January, 2025
1. What is the key objective of the National Green Hydrogen Mission?
- A) Promote wind energy
- B) Achieve net-zero emissions by 2030
- C) Produce 5 million metric tonnes of green hydrogen by 2030
- D) Promote hydroelectric projects
- E) Expand coal-based thermal power generation
Answer: C) Produce 5 million metric tonnes of green hydrogen by 2030
Explanation: The National Green Hydrogen Mission aims to promote renewable energy and achieve the production of 5 million metric tonnes of green hydrogen by 2030 with an investment of â‚ą8 lakh crore.
2. What type of visa is the H-1B, often associated with the MAGA debate in the US?
- A) Temporary unskilled labor visa
- B) Work visa for skilled professionals
- C) Immigration visa for entrepreneurs
- D) Student visa for higher studies
- E) Green card for permanent residence
Answer: B) Work visa for skilled professionals
Explanation: The H-1B visa allows skilled professionals in specialized fields like IT, engineering, and healthcare to temporarily work in the United States.
3. What does the Protection of Children from Sexual Offenses (POCSO) Act primarily address?
- A) Juvenile justice reforms
- B) Child marriage prevention
- C) Child sexual exploitation
- D) Child labor eradication
- E) Adoption and guardianship rules
Answer: C) Child sexual exploitation
Explanation: The POCSO Act, enacted in 2012, aims to address and penalize child sexual abuse and exploitation comprehensively, with recent amendments enhancing penalties.
4. What is the significance of the Ken-Betwa River Link Project?
- A) Preventing flooding in the Bundelkhand region
- B) Generating hydroelectric power
- C) Addressing water scarcity in the Bundelkhand region
- D) Promoting fisheries development
- E) Conserving the Panna Tiger Reserve
Answer: C) Addressing water scarcity in the Bundelkhand region
Explanation: The Ken-Betwa River Link Project aims to provide water for irrigation and drinking purposes in Bundelkhand, though it faces environmental concerns regarding the Panna Tiger Reserve.
5. What financial restriction does the Prompt Corrective Action (PCA) framework impose on banks?
- A) Higher lending interest rates
- B) Limits on lending, investments, and branch expansions
- C) Mandatory loan write-offs
- D) Reduction in staff salaries
- E) Diversion of profits for infrastructure development
Answer: B) Limits on lending, investments, and branch expansions
Explanation: PCA is imposed on banks that show financial distress, restricting activities like lending, investments, and expansion to ensure recovery and financial stability.
6. What is the key function of India’s Battery Energy Storage System (BESS) launched in Delhi?
- A) Increase coal-based electricity generation
- B) Store renewable energy and stabilize the grid
- C) Supply power to rural areas
- D) Replace conventional power plants
- E) Promote nuclear energy adoption
Answer: B) Store renewable energy and stabilize the grid
Explanation: BESS is India’s first utility-scale energy storage system, designed to integrate renewable energy into the grid and improve energy stability.
7. Under SEBI’s amended rules for advisers, what is the annual fee cap per family?
- A) â‚ą50,000
- B) â‚ą75,000
- C) â‚ą1.51 lakh
- D) â‚ą2 lakh
- E) â‚ą2.5 lakh
Answer: C) â‚ą1.51 lakh
Explanation: SEBI’s new norms for advisers introduced a flexible fee structure with an annual cap of ₹1.51 lakh per family to ensure fair pricing for advisory services.
8. What is a significant challenge associated with India’s Public Distribution System (PDS)?
- A) Lack of food supply
- B) Corruption and digital exclusion
- C) Shortage of ration cards
- D) Poor infrastructure in urban areas
- E) Dependence on private vendors
Answer: B) Corruption and digital exclusion
Explanation: PDS faces challenges like corruption, delays, and exclusion due to low digital literacy, which affect its efficiency and accessibility.
9. What was the main reason SEBI warned Ola?
- A) Misuse of investor funds
- B) Disclosing financial updates on social media before informing investors
- C) Late filing of annual reports
- D) Promoting unauthorized investments
- E) Violating CSR regulations
Answer: B) Disclosing financial updates on social media before informing investors
Explanation: SEBI’s warning to Ola highlights the need for timely investor updates before public disclosures to maintain transparency and compliance.
10. What does the term “Inclusive Growth” refer to in economics?
- A) Increasing exports and imports
- B) Maximizing industrial profits
- C) Equal wealth distribution while preserving economic freedom
- D) Focusing on agriculture over industrialization
- E) Prioritizing urban development
Answer: C) Equal wealth distribution while preserving economic freedom
Explanation: Inclusive growth ensures equitable wealth distribution across all sections of society while supporting economic freedom and growth opportunities.
