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Daily Current Affairs
28 December, 2024
1. What is the primary objective of the Brahmaputra dam project undertaken by China?
- (A) Hydroelectric power generation
- (B) Flood management
- (C) Agriculture irrigation
- (D) Industrial water supply
- (E) Exporting water to neighboring countries
Answer: (A) Hydroelectric power generation
Explanation: The $137 billion Brahmaputra dam project in Tibet is aimed at generating hydroelectric power and is part of China’s 14th Five-Year Plan.
2. Which tectonic feature is located near the Brahmaputra dam project in Tibet?
- (A) Mariana Trench
- (B) Himalayan Boundary
- (C) Andean Ridge
- (D) Indo-Pacific Plate
- (E) Eurasian Plate
Answer: (B) Himalayan Boundary
Explanation: The Brahmaputra dam project is located in an ecologically fragile Himalayan area near the boundary of a tectonic plate, posing significant environmental risks.
3. What major issue was faced due to Cyclone Chido in Mayotte?
- (A) Loss of agricultural land
- (B) Mud accumulation in the lagoon
- (C) Destruction of urban settlements
- (D) Air pollution
- (E) Water contamination
Answer: (B) Mud accumulation in the lagoon
Explanation: Cyclone Chido led to the washing of soil into Mayotte’s lagoon, causing mud accumulation and destruction of coral reefs and marine biodiversity.
4. What distinguishes coral reefs from other marine ecosystems?
- (A) Presence of mangroves
- (B) Built by colonies of coral polyps
- (C) High salinity levels
- (D) Exclusive habitat for mollusks
- (E) Formed in freshwater ecosystems
Answer: (B) Built by colonies of coral polyps
Explanation: Coral reefs are underwater ecosystems formed by reef-building corals, which are colonies of polyps held together by calcium carbonate.
5. What was the key goal of the RBI’s decision to allow PPIs to make UPI transactions?
- (A) Enhancing ATM withdrawals
- (B) Reducing reliance on cash
- (C) Simplifying international payments
- (D) Providing flexibility to PPI holders
- (E) Strengthening foreign remittance
Answer: (D) Providing flexibility to PPI holders
Explanation: The RBI’s initiative allows prepaid instrument holders (PPIs) to make and receive UPI payments via third-party mobile applications, providing flexibility to users.
6. Which metric is used to measure inequality in household consumption?
- (A) Consumer Price Index
- (B) Gini Coefficient
- (C) Gross Domestic Product
- (D) Purchasing Power Parity
- (E) Index of Industrial Production
Answer: (B) Gini Coefficient
Explanation: The Gini Coefficient is a statistical measure of inequality. A lower value indicates reduced inequality in household consumption.
7. What is a notable feature of the J-35 fighter jet launched by China?
- (A) Hypersonic missile capability
- (B) Vertical takeoff and landing
- (C) Amphibious operations support
- (D) Autonomous AI control
- (E) Equipped for underwater missions
Answer: (C) Amphibious operations support
Explanation: The J-35 fighter jet is part of China’s new amphibious assault ship, strengthening its navy’s ability for distant sea operations.
8. What significant development occurred in India’s foreign exchange reserves in December 2024?
- (A) Record increase of $10 billion
- (B) Decline of $8.4 billion
- (C) Stabilization at $700 billion
- (D) Surge due to FDI inflow
- (E) Significant rise in remittances
Answer: (B) Decline of $8.4 billion
Explanation: India’s foreign exchange reserves fell by $8.4 billion to $644 billion during the week ended December 20, according to RBI data.
9. What innovative product was introduced under the ‘Kisan Kavach’ initiative?
- (A) Biodegradable pesticides
- (B) Antipesticide clothing
- (C) Eco-friendly fertilizers
- (D) Automated farming drones
- (E) Organic seed banks
Answer: (B) Antipesticide clothing
Explanation: Kisan Kavach is an antipesticide clothing developed using oxime fabric, which breaks down pesticides upon skin contact, ensuring farmers’ safety.
10. What are treasury bills (T-bills)?
- (A) Long-term government bonds
- (B) Medium-term investment instruments
- (C) Zero-coupon securities with a maximum maturity of 364 days
- (D) Fixed-interest securities with a maturity period of 10 years
- (E) High-risk private-sector bonds
Answer: (C) Zero-coupon securities with a maximum maturity of 364 days
Explanation: Treasury bills are short-term debt instruments issued by the government at a discounted price and redeemed at face value at maturity.