Daily Current Affairs December 27

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs December 27. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing Daily GK Updates, Current Affairs Questions, and Monthly current affairs pdf.

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December 27 | Daily Current Affairs 2024

Important Days – Daily Current Affairs December 27

1. What is the main purpose of the International Day of Epidemic Preparedness?
A) Celebrate achievements in healthcare innovation
B) Raise awareness about epidemic prevention and preparedness
C) Highlight the economic impact of pandemics
D) Promote vaccination campaigns exclusively
E) Support funding for pharmaceutical companies
Answer: B) Raise awareness about epidemic prevention and preparedness

Event and Location:

• Event: International Day of Epidemic Preparedness.
• Location: Globally observed.
• Date: December 27, annually.

Mandates and Objectives:

• Purpose of the Day:
  • Raise global awareness about epidemic preparedness and prevention.
  • Promote education and knowledge-sharing on health threats.
  • Strengthen international partnerships to combat infectious diseases.
• Establishment:
  • Declared by the United Nations General Assembly (UNGA) on December 7, 2020.
  • Inspired by challenges faced during the COVID-19 pandemic.

Key Highlights:

• Significance:
  • Encourages governments and organizations to improve public health systems.
  • Focuses on building resilient healthcare infrastructures globally.
• Activities and Actions:
  • Education Campaigns: Promote awareness about epidemic prevention.
  • Collaborative Efforts: Support research, innovation, and global partnerships.
  • Preparedness Actions: Build infrastructure and capabilities for epidemic response.
• Lessons from COVID-19:
  • Highlighted the gaps in global health systems.
  • Emphasized the importance of robust, proactive measures to address future health crises.

Important Terms Explained:

• Epidemic Preparedness: The process of ensuring readiness to prevent, detect, and respond to infectious disease outbreaks.
• Resilient Healthcare Systems: Health systems capable of absorbing shocks, maintaining essential functions, and adapting to challenges like pandemics.

Static GK Information:

Tabular Summary:

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Obituary – Daily Current Affairs December 27

2. What was Dr. Manmohan Singh’s most significant contribution as India’s Finance Minister in 1991?
A) Implementation of GST
B) Launch of NREGA
C) Economic liberalization reforms
D) Signing the Indo-US Nuclear Deal
E) Introduction of Aadhaar
Answer: C) Economic liberalization reforms

Event and Location:

• Event: Passing of Dr. Manmohan Singh, former Prime Minister of India and renowned economist.
• Location: India
• Date: December 26, 2024.

Mandates and Objectives:

• Key Contributions:
  • Architect of India’s economic reforms in 1991.
  • Transforming India into a global economic player.
  • Spearheaded programs focused on rural development, social welfare, and global diplomacy during his tenure as Prime Minister.
• Key Highlights:
  • Early Life and Academic Excellence:
    • Born: September 26, 1932, in Gah (now in Pakistan).
    • Education:
      • Panjab University.
      • Advanced studies at Oxford University and Cambridge University, earning a doctorate in economics.
    • Key Roles:
      • Advisory positions in the Reserve Bank of India, Planning Commission, and Ministry of Finance.

Economic Reforms of 1991:

• Role as Finance Minister:
  • Introduced policies to address a balance of payments crisis.
  • Key Reforms:
    • Devaluation of the Indian Rupee.
    • Removal of trade barriers.
    • Promotion of Foreign Direct Investment (FDI).
    • Dismantling the License Raj.
  • Impact: Transformed India into one of the fastest-growing economies globally.

Prime Ministership (2004–2014):

• Achievements:
  • Average annual GDP growth of 8%.
  • Launched NREGA, providing rural employment.
  • Focused on infrastructure development, including roads, telecom, and power generation.
  • Signed the Indo-US Nuclear Deal (2008), strengthening India’s global standing.
• Challenges:
  • Criticized for policy paralysis and corruption scandals during his second term.

Legacy:

• Renowned as a statesman, economist, and scholar.
• Focused on financial inclusion, infrastructure modernization, and social welfare.
• Elevated India’s status in global geopolitics through diplomacy and economic policies.

Important Terms Explained:

• Economic Reforms of 1991:
  • A series of structural adjustments in trade, investment, and industrial policies that liberalized the Indian economy.
• Indo-US Nuclear Deal (2008):
  • Agreement allowing India access to civilian nuclear technology, marking a milestone in India-US relations.
• NREGA (National Rural Employment Guarantee Act):
  • A flagship program ensuring 100 days of wage employment annually to rural households.

Static GK Information:

Tabular Summary:

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Banking and Finance – Daily Current Affairs December 27

3. What was the net profit of Indian public sector banks (PSBs) in H1 2024-25?
A) ₹68,500 crore
B) ₹85,520 crore
C) ₹1.41 trillion
D) ₹61,964 crore
E) ₹11,333 crore
Answer: B) ₹85,520 crore

Event and Location:

• Event: Public sector banks report a 25% rise in net profit in H1 2024-25.
• Location: India
• Date: H1 2024-25 (April–September 2024)

Mandates and Objectives:

• Profitability Growth: Reflects improved asset quality, low NPAs, and robust credit growth.
• Banking Stability: Strengthened capital adequacy ratio and financial health support economic growth.
• Digital Fraud Prevention: Tackling the ₹11,333 crore loss to cybercrime in 2024 through advanced fraud prevention measures.

Key Highlights:

• PSBs’ Financial Performance:
  • Net profit for H1 2024-25 rose by 25% to ₹85,520 crore, compared to ₹68,500 crore in H1 2023-24.
  • Highest-ever net profit of ₹1.41 trillion recorded in FY24.
• Improved Asset Quality:
  • Gross NPA ratio fell to 3.12% in September 2024, a sharp decline from 14.58% in March 2018.
• Capital Strength:
  • CRAR of PSBs at 15.43%, well above the RBI’s requirement of 11.5%.
  • Strong return on assets (RoA) at 1.4% and return on equity (RoE) at 14.6% in FY24.
• RBI’s 4Rs Strategy:
  • Recognition, Recapitalization, Resolution, Reform: Initiated in 2015 to address NPA crises and improve banking resilience.
• Digital Fraud Challenges:
  • ₹11,333 crore lost to digital frauds in 2024.
  • RBI introduced MuleHunter.AITM, an AI-based system, to combat fraudulent activities.

Important Terms Explained:

• Gross NPA Ratio:
  • The percentage of total bad loans to total advances, reflecting the health of banks’ loan portfolios.
• Capital to Risk-Weighted Assets Ratio (CRAR):
  • A measure of a bank’s financial strength, indicating its ability to absorb losses.
• 4Rs Strategy:
  • Recognition: Transparent identification of NPAs.
  • Recapitalization: Infusion of capital into banks.
  • Resolution: Settling stressed assets.
  • Reform: Enhancing governance and efficiency in banking.
• MuleHunter.AITM:
  • An AI/ML-based model piloted by the RBI to detect and prevent fraudulent digital transactions.

Static GK Information:

Tabular Summary:

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4. What is the main objective of the RBI’s newly formed FREE-AI committee?
A) To regulate AI in IT services
B) To promote AI adoption in agriculture
C) To develop a framework for ethical AI use in the financial sector
D) To monitor global AI research
E) To create AI-based education tools
Answer: C) To develop a framework for ethical AI use in the financial sector

Event and Location:

• Event: RBI sets up the FREE-AI committee to develop a framework for ethical AI usage.
• Location: India
• Date: Announced in December 2024 during the RBI’s monetary policy meeting.

Mandates and Objectives:

• Framework Development: Create guidelines for responsible and ethical adoption of AI in the financial sector.
• Risk Mitigation: Identify and address risks associated with AI in financial services.
• Regulatory Insights: Review global regulatory approaches to AI and adapt them to India’s financial ecosystem.
• Governance Guidelines: Recommend monitoring, evaluation, and compliance mechanisms for ethical AI implementation.

Key Highlights:

• FREE-AI Committee:
  • An 8-member panel chaired by Pushpak Bhattacharyya from IIT Bombay.
  • Supported by the RBI’s fintech department.
• Committee Members Include:
  • Debjani Ghosh, Independent Director, RBI Innovation Hub.
  • Balaraman Ravindran, Professor, IIT Madras.
  • Abhishek Singh, Additional Secretary, Ministry of Electronics and IT.
  • Rahul Matthan, Partner, Trilegal.
  • Anjani Rathor, Group Head, HDFC Bank.
  • Sree Hari Nagaralu, Head of Security AI Research, Microsoft India.
  • Suvendu Pati, CGM, RBI’s FinTech Department.
• Institutions Covered:
  • Banks, Non-Banking Financial Companies (NBFCs), FinTechs, and Payment System Operators (PSOs).
• Report Submission Timeline: Within six months from the first committee meeting.

Important Terms Explained:

• FREE-AI Committee:
  • Full Form: Framework for Responsible and Ethical Enablement of Artificial Intelligence.
  • Focus: Responsible AI adoption and governance in India’s financial sector.
• AI in Financial Sector:
  • Applications: Fraud detection, credit risk analysis, customer service automation.
  • Concerns: Ethical challenges, data privacy risks, and potential biases in AI algorithms.

Static GK Information:

Tabular Summary:

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Business and Economy – Daily Current Affairs December 27

5. What is the projected economic growth rate of India for FY25?
A) 5.4%
B) 6.5%
C) 6.7%
D) 4.8%
E) 7.0%
Answer: B) 6.5%

Event and Location:

• Event: India’s economic growth forecast for FY25 is set at 6.5%.
• Location: India
• Date: Fiscal Year 2024-25

Mandates and Objectives:

• RBI’s Role: Manage inflation with restrictive monetary policies while supporting economic recovery.
• Government Measures: Boost rural demand and industrial activity with increased MSP, favorable monsoon, and government capital expenditure.
• Economic Stability: Address domestic challenges and global uncertainties to maintain steady growth.

Key Highlights:

• Economic Growth Slowdown:
  • India’s GDP growth fell to 5.4% in Q2 (July-September 2024) from 6.7% in Q1.
  • Contributing factors: Weaker manufacturing and consumption, and restrictive RBI policies.
• Second Half (H2 FY25) Recovery:
  • Rural Demand Resilience: Growth in tractor, two-wheeler, and three-wheeler sales.
  • Urban Demand Revival: Passenger vehicle sales up 13.4% YoY; air traffic also rising.
• Inflation Easing:
  • CPI inflation projected at 4.8% for FY25.
  • Factors: Lower food inflation, declining crude oil prices, and robust rabi harvest.
• Key Economic Sectors:
  • Agriculture: Supported by higher MSPs, adequate reservoir levels, and strong fertilizer availability.
  • Industrial Activity: Boosted by demand in cement, iron, steel, and electricity sectors, alongside government capital expenditure.
• Global Risks:
  • Trade tensions, a stronger US dollar, and global oil prices could affect India’s exports and currency stability.

Important Terms Explained:

• CPI Inflation:
  • Consumer Price Index (CPI) measures retail inflation by tracking changes in prices of essential goods and services.
• Minimum Support Price (MSP):
  • A government-fixed price to ensure farmers receive a minimum profit for their produce, encouraging agricultural production.
• Cash Reserve Ratio (CRR):
  • The percentage of a bank’s total deposits required to be maintained in reserves with the RBI. A reduction boosts liquidity and credit growth.

Static GK Information:

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Appointments – Daily Current Affairs December 27

6. Who has been appointed as the new MD & CEO of J&K Bank?
A) Baldev Prakash
B) Shaktikanta Das
C) Amitava Chatterjee
D) Dinesh Khara
E) Rajnish Kumar
Answer: C) Amitava Chatterjee

Event and Location:

• Event: Appointment of Amitava Chatterjee as MD & CEO of J&K Bank.
• Location: Srinagar, Jammu & Kashmir.
• Date: Effective December 30, 2024.

Mandates and Objectives:

• RBI Approval: Appointment approved under Section 35B of the Banking Regulation Act, 1949.
• Vision: To leverage Chatterjee’s 33 years of banking experience to steer J&K Bank towards growth.
• Compensation Structure: Fixed annual pay of ₹1.40 crore with a variable pay of ₹1.40 crore.

Key Highlights:

• Amitava Chatterjee’s Career:
  • Deputy Managing Director at State Bank of India (SBI).
  • Former MD & CEO of SBICAPS, SBI’s investment banking arm.
  • Experienced in leadership roles across SBI’s New Delhi and Jaipur circles.
  • Holds an MBA from ICFAI University and CAIIB certification.
• J&K Bank Overview:
  • Founded: 1938.
  • Headquarters: Srinagar, Jammu & Kashmir.
  • Operational Scope: Universal bank in J&K and Ladakh, specialized bank elsewhere in India.
• Market Impact:
  • J&K Bank shares surged by 7.4% on December 26, 2024, reaching ₹105.44 per share.

Important Terms Explained:

• Banking Regulation Act, 1949:
  • A law regulating banking companies in India. Section 35B governs the appointment of senior management in banks.
• CAIIB (Certified Associate of Indian Institute of Bankers):
  • A professional certification offered by the Indian Institute of Banking and Finance (IIBF) for advanced banking knowledge.
• SBICAPS (SBI Capital Markets Limited):
  • The investment banking arm of State Bank of India, providing advisory and financial services.

Static GK Information:

Tabular Summary:

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Awards – Daily Current Affairs December 27

7. Which company won the Gold Award at the AP State Energy Conservation Awards 2024?
A) Steel Authority of India Limited (SAIL)
B) Rashtriya Ispat Nigam Limited (RINL)
C) Tata Steel
D) Hindalco Industries
E) JSW Steel
Answer: B) Rashtriya Ispat Nigam Limited (RINL)

Event and Location:

• Event: RINL won the Gold Award at the Andhra Pradesh State Energy Conservation Awards 2024.
• Location: Vijayawada, Andhra Pradesh.
• Date: December 2024 during Energy Conservation Week celebrations.

Mandates and Objectives:

• Purpose of the Award: Recognize exceptional energy conservation initiatives in the iron and steel sector.
• RINL’s Contribution: Reduce energy consumption and utilize waste energy effectively.
• Commitment to Sustainability: Highlight RINL’s dedication to energy efficiency and innovation in operations.

Key Highlights:

• Award Recognition:
  • Awarded to RINL, the corporate entity of Visakhapatnam Steel Plant (VSP), for its energy conservation efforts.
  • Focused on waste energy utilization over the past three years.
• Award Ceremony:
  • Presented by K. Vijayanand, IAS, Special Chief Secretary (Energy), Andhra Pradesh.
  • Accepted by Uttam Brahma (GM, Energy, Environment & Utilities) and VVVS Pulla Reddy (DGM, Energy Management Department).
• Acknowledgement of Excellence:
  • CMD (additional charge) A.K. Saxena commended the Energy Management team for their dedication to sustainability.
• Company Overview:
  • RINL: India’s first shore-based integrated steel plant, known for producing high-quality steel.

Important Terms Explained:

• Energy Conservation:
  • The practice of reducing energy consumption through efficient processes and innovative technologies.
• Waste Energy Utilization:
  • Capturing and reusing energy that would otherwise be wasted during industrial processes.

Static GK Information:

Tabular Summary:

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Defence – Daily Current Affairs December 27

8. What was the value of India’s defence exports in FY 2023-24?
A) Rs 15,920 crore
B) Rs 21,083 crore
C) Rs 1,26,887 crore
D) Rs 2.63 billion
E) Rs 50,000 crore
Answer: B) Rs 21,083 crore

Event and Location:

• Event: India’s defence exports reached a record high of Rs 21,083 crore in FY 2023-24.
• Location: India
• Date: Fiscal Year 2023-24

Mandates and Objectives:

• Boost Defence Exports: Reflects India’s growing defence manufacturing and export capabilities.
• Target for 2029: Set by Defence Minister Rajnath Singh at Rs 50,000 crore.
• Strengthen Self-Reliance: Aligns with the government’s Aatmanirbharta vision by reducing import reliance.

Key Highlights:

• Defence Exports:
  • Record Achievement: Rs 21,083 crore (USD 2.63 billion), up 32.5% from Rs 15,920 crore in FY 2022-23.
  • Decade-Long Growth: Increased 31 times since FY 2013-14.
• Indigenous Defence Production:
  • Record Value: Rs 1,26,887 crore in FY 2023-24.
  • Year-on-Year Growth: 16.7% increase from Rs 1,08,684 crore in FY 2022-23.
• Sector Contributions:
  • Private Sector: Contributed 60% to exports.
  • DPSUs: Contributed 40% to exports.
• Positive Indigenisation Lists (PIL):
  • 5 new PILs issued, adding 346 items to boost local production.
  • Focused on complex systems, sensors, and weapons.

Important Terms Explained:

• Positive Indigenisation Lists (PIL):
  • Objective: Reduce imports by mandating local production of items for Defence Public Sector Undertakings (DPSUs).
  • Recent Development: Five new lists with 346 items were issued in FY 2023-24.
• Aatmanirbharta:
  • Meaning: Self-reliance.
  • Significance: A cornerstone of India’s defence production and export policy.
• Defence Public Sector Undertakings (DPSUs):
  • Government-owned enterprises responsible for manufacturing defence equipment and systems.

Static GK Information:

Tabular Summary:

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International Affairs – Daily Current Affairs December 27

9. Which two UK universities have received approval to establish campuses at GIFT City, Gujarat?
A) University of Oxford and University of Cambridge
B) Queen’s University Belfast and Coventry University
C) University of Glasgow and Durham University
D) Imperial College London and University of Manchester
E) Deakin University and Coventry University
Answer: B) Queen’s University Belfast and Coventry University

Event and Location:

• Event: Approval for UK universities to establish campuses at GIFT City.
• Location: GIFT City, Gujarat, India.
• Date: December 27, 2024.

Mandates and Objectives:

• Encourage Foreign Universities: The IFSCA framework attracts globally reputed universities to set up campuses in India.
• Strengthen GIFT City’s Role: Transform GIFT City into a global education and financial innovation hub.
• Promote International Education in India: Facilitate access to global educational standards and opportunities.

Key Highlights:

• Queen’s University Belfast:
  • Notable Approval: The third foreign university approved for GIFT City.
  • Legacy and Expertise: Nearly 200 years old and a member of the Russell Group.
  • Program Plans: Postgraduate programs initially, with expansion to research and undergraduate courses.
  • Indian Presence: Already hosts over 1,000 Indian students.
• Coventry University:
  • Global Experience: Operates campuses in Egypt, Poland, Morocco, and Kazakhstan.
  • Focus on India: Launched an “India Hub” in Delhi in 2024 to address global challenges like climate change.
  • Future Offerings: Set to contribute to the GIFT City ecosystem with its expertise.

IFSCA Regulations:

• 2022 Framework Features:
  • Allows repatriation of funds in freely convertible foreign currency.
  • Exempts universities from typical Indian infrastructure requirements.
  • Restricts eligibility to universities ranked in the top-500 globally or reputed in their home countries.

Important Terms Explained:

• IFSCA (International Financial Services Authority):
  • Role: Regulatory body for managing international financial services and education in GIFT City.
  • Established: 2020 to position India as a global hub for finance and education.
• GIFT City:
  • Full Form: Gujarat International Finance Tec-City.
  • Purpose: Designed to attract international institutions in education and financial services.
• Russell Group:
  • A consortium of 24 prestigious research-intensive UK universities, including Queen’s University Belfast.

Static GK Information:

Tabular Summary:

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10. What is the estimated cost of the mega dam China is constructing on the Brahmaputra near the Indian border?
A) $137 million
B) $1.5 billion
C) $137 billion
D) $200 billion
E) $100 billion
Answer: C) $137 billion

Event and Location:

• Event: Approval of the world’s largest hydropower project on the Brahmaputra River.
• Location: Lower reaches of the Yarlung Zangbo (Brahmaputra) in Tibet, near the Indian border.
• Date: December 25, 2024.

Mandates and Objectives:

• Purpose of the Dam:
  • To accelerate clean energy development.
  • Address climate change and manage extreme hydrological events.
• China’s Assurances:
  • Project will not negatively impact downstream countries (India and Bangladesh).
  • Extensive safety and ecological studies have been conducted.
• India’s Counteraction:
  • India is constructing its own dam on the Brahmaputra in Arunachal Pradesh to counter potential risks.

Key Highlights:

• Strategic Concerns:
  • Control over Water Flow: China could regulate the Brahmaputra’s flow, potentially flooding areas in conflict scenarios.
  • Riparian States at Risk: Downstream countries like India and Bangladesh face ecological and strategic threats.
• Environmental and Engineering Challenges:
  • Tectonic Risks: The dam is located in a seismically active zone, increasing earthquake risks.
  • Geopolitical Context: The Tibetan Plateau, the dam’s location, is prone to tectonic activity.
• Data Sharing:
  • The Expert Level Mechanism (ELM) established in 2006 facilitates India-China discussions on trans-border rivers.
  • China provides hydrological data during flood seasons.
• Comparison:
  • The dam will surpass the scale of the Three Gorges Dam, currently the largest in the world.

Important Terms Explained:

• Yarlung Zangbo (Brahmaputra):
  • Originates in Tibet, flows into Arunachal Pradesh, and continues into Bangladesh.
• Expert Level Mechanism (ELM):
  • Established: 2006
  • Purpose: Facilitate trans-border river discussions between India and China.
• Tibetan Plateau:
  • Known as the “roof of the world,” it is seismically active due to tectonic movements.
• Three Gorges Dam:
  • Currently the world’s largest dam, located in China. The proposed Brahmaputra dam will surpass it in scale.

Static GK Information:

Tabular Summary:

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National Affairs – Daily Current Affairs December 27

11. What does the Pradhan Mantri Rashtriya Bal Puraskar primarily recognize?
A) Contributions to international relations
B) Outstanding achievements in various fields by children
C) Innovations in the education sector
D) Bravery in military operations
E) Excellence in government policies
Answer: B) Outstanding achievements in various fields by children

Event and Location:

• Event: Presentation of the Pradhan Mantri Rashtriya Bal Puraskar 2024 to 17 children.
• Location: Rashtrapati Bhavan, New Delhi, India.
• Date: December 26, 2024.

Mandates and Objectives:

• Purpose of the Awards: Recognize exceptional achievements in seven categories:
  • Art and Culture
  • Bravery
  • Innovation
  • Science and Technology
  • Social Service
  • Sports
  • Environment
• Promote Talent: Highlight young achievers who inspire others with their courage, talent, and innovation.

Key Highlights:

• Awardees:
  • Number of Recipients: 17 children (7 boys and 10 girls) from 14 states and Union Territories.
  • Recognition: Medal, certificate, and citation booklet.
• Notable Awardees and Achievements:
  • Art and Culture:
    • Keya Hatkar (14 years): Disability advocate and bestselling author.
    • Ayaan Sajad (12 years): Sufi singer from Kashmir promoting Kashmiri music.
    • Vyas Om Jignesh (17 years): Sanskrit scholar with cerebral palsy; memorized 5,000 slokas.
  • Bravery:
    • Saurav Kumar (9 years): Saved three girls from drowning.
    • Loanna Thapa (17 years): Rescued 36 residents from a fire.
  • Innovation:
    • Sindhoora Raja (15 years): Created self-stabilizing devices for Parkinson’s patients.
    • Risheek Kumar (17 years): Launched Kashmir’s first cybersecurity firm, “Hack Free Bharat.”
  • Sports:
    • Hembati Nag: Silver medalist in judo at Khelo India National Games.
    • Anish Sarkar: Youngest FIDE-ranked chess player at 3 years old.

Important Terms Explained:

• Pradhan Mantri Rashtriya Bal Puraskar:
  • India’s highest civilian award for children aged below 18.
  • Categories: Art, bravery, innovation, science, social service, sports, and environment.
• Khelo India National Games:
  • A government initiative promoting sports and physical fitness among youth.
• FIDE (Fédération Internationale des Échecs):
  • International Chess Federation, responsible for governing competitive chess rankings.

Static GK Information:

Tabular Summary:

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12. What was the purpose of the ‘Atal Yuva Maha Kumbh’ inaugurated by the UP CM?
A) To promote cultural heritage
B) To honor Atal Bihari Vajpayee’s 100th birth anniversary
C) To celebrate Good Governance Day
D) To felicitate government officials
E) To promote youth welfare programs
Answer: B) To honor Atal Bihari Vajpayee’s 100th birth anniversary

Event and Location:

• Event: Inauguration of ‘Atal Yuva Maha Kumbh’ to commemorate Atal Bihari Vajpayee’s birth centenary.
• Location: Lucknow, Uttar Pradesh, India.
• Date: December 25, 2024.

Mandates and Objectives:

• Purpose of the Event:
  • Celebrate the 100th birth anniversary of former Prime Minister Atal Bihari Vajpayee.
  • Promote Vajpayee’s legacy of good governance and leadership.
• Good Governance Day:
  • Observed annually on December 25 to honor Vajpayee’s contributions to governance.

Key Highlights:

• Inauguration:
  • Uttar Pradesh CM Yogi Adityanath and Defence Minister Rajnath Singh inaugurated the event.
• Key Activities:
  • Recognition of Students: Meritorious students were awarded certificates and prizes.
  • Cultural Tributes: Poetry recitations and floral tributes were organized nationwide.
  • Discussions: Sessions highlighting Vajpayee’s contributions to Indian politics and governance.
• Key Remarks:
  • CM Yogi Adityanath: Emphasized the cultural significance of the event and its connection to the Kumbh tradition.
  • Defence Minister Rajnath Singh: Praised Vajpayee’s personality, humor, and mentorship.

Important Terms Explained:

• Atal Yuva Maha Kumbh:
  • A youth-focused event commemorating Vajpayee’s centenary, reflecting his legacy in governance, culture, and leadership.
• Good Governance Day:
  • Observed annually on December 25 to honor Vajpayee’s commitment to transparent and accountable governance.

Static GK Information:

Tabular Summary:

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13. What is the primary objective of the ‘Viksit Panchayat Karmayogi’ initiative?
A) To enhance urban infrastructure development
B) To provide advanced tools for effective grassroots governance
C) To improve international trade relations
D) To develop AI technologies for urban governance
E) To simplify pension application processes
Answer: B) To provide advanced tools for effective grassroots governance

Event and Location:

• Event: Launch of the ‘Viksit Panchayat Karmayogi’ initiative to empower Panchayati Raj Institutions (PRIs).
• Location: India
• Date: December 25, 2024 (Good Governance Day).

Mandates and Objectives:

• Strengthen Grassroots Governance: Build the capacity of Panchayati Raj Institutions (PRIs) through modern tools and training.
• Promote Decentralized Decision-Making: Empower local bodies for participatory governance and sustainable rural development.
• Leverage Technology: Use e-learning platforms, AI-powered chatbots, and mobile apps to bridge knowledge gaps and enhance service delivery.

Key Highlights:

• Viksit Panchayat Karmayogi:
  • Piloted in Odisha, Assam, Gujarat, and Andhra Pradesh under the broader ‘Prashasan Gaon Ki Aur’ campaign.
  • Focuses on decentralizing governance and fostering inclusive decision-making at the grassroots level.
• Complementary Governance Initiatives:
  • iGOT Karmayogi Dashboard: Enhances monitoring and decision-making for capacity-building efforts with the introduction of the 1600th e-learning course.
  • CPGRAMS Annual Report 2024:
    • Highlights the resolution of over 25 lakh grievances annually under the Centralized Public Grievance Redress and Monitoring System.
    • Includes the Grievance Redressal Assessment and Index (GRAI).
  • Single Simplified Pension Application Form:
    • Combines nine forms into one digital format, integrated with e-HRMS and Bhavishya for real-time tracking.
  • Compendium of Pension Related Instructions, 2024: Consolidates all pension-related rules and guidelines into one reference document.

Important Terms Explained:

• Good Governance Day:
  • Observed on December 25 to commemorate the 100th birth anniversary of Atal Bihari Vajpayee.
  • Focus: Promote inclusive and accountable governance.
• Prashasan Gaon Ki Aur Campaign:
  • A government initiative to decentralize governance and strengthen rural administrative frameworks.
• CPGRAMS (Centralized Public Grievance Redress and Monitoring System):
  • A citizen interface platform for resolving public grievances transparently and efficiently.
• e-HRMS (Electronic Human Resource Management System):
  • A digital platform for managing personnel records and processes in government organizations.

Static GK Information:

Tabular Summary:

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Over All Review

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