Daily Current Affairs April 25

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 April 25. 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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April 25 | Daily Current Affairs 2024

Important Days – Daily Current Affairs April 25

1. What is the theme for World Immunization Week 2024?
A) Human Health First
B) Global Vaccine Awareness
C) Vaccines Save Lives
D) Humanly Possible: Saving lives through immunization
E) Immunization for a Healthy Future
Answer: D) Humanly Possible: Saving lives through immunization

Event and Location:

  • Event: World Immunization Week 2024
  • Location: Global

Mandates and Objectives:

  • Mandates: To promote the usage of vaccines and protect people of all ages from infectious diseases.
  • Objectives: To aid governments in launching effective immunization programs and to educate the public on the importance and safety of vaccinations.

Important Terms Explained:

  • World Health Organization (WHO): An international body responsible for public health initiatives globally. They coordinate World Immunization Week.
  • Vaccine-preventable diseases (VPDs): Diseases caused by viruses or bacteria that can be prevented through vaccination, such as polio, diphtheria, tetanus, and COVID-19.

Static GK Information:

Titbits

World Health Organization (WHO):

  • Founded Year: 1948
  • CEO/MD/Chairman: Tedros Adhanom (Director-General)
  • Headquarters: Geneva, Switzerland

Tabular Summary:

Event Location Date Theme Significance
World Immunization Week Global 24th – 30th April 2024 Humanly Possible: Saving lives through immunization Emphasizes the role of immunization in preventing infectious diseases and saving lives, especially among children.

2. What is the theme for World Malaria Day 2024?
A) United to End Malaria
B) Accelerating the fight against malaria for a more equitable world
C) Malaria Prevention for All
D) Eliminate Malaria, Save Lives
E) Fight Malaria, Fight Poverty
Answer: B) Accelerating the fight against malaria for a more equitable world

Event and Location:

  • Event: World Malaria Day 2024
  • Location: Global

Mandates and Objectives:

  • Mandates: To raise awareness about malaria and promote measures to prevent the disease.
  • Objectives: To emphasize the need for equitable access to malaria prevention, detection, and treatment services across the globe.

Important Terms Explained:

  • World Health Organization (WHO): The global health authority within the United Nations that coordinates international health activities and helps governments improve health services.
  • Malaria: A life-threatening disease transmitted through the bites of infected mosquitoes, characterized by fever, chills, and flu-like illness.

Static GK Information:

Titbits

World Health Organization (WHO):

  • Founded Year: 1948
  • CEO/MD/Chairman: Tedros Adhanom (Director-General)
  • Headquarters: Geneva, Switzerland

Tabular Summary:

Event Location Date Theme Significance
World Malaria Day Global 25th April 2024 Accelerating the fight against malaria for a more equitable world Focuses on reducing global disparities in malaria prevention and treatment, aligning with broader health rights initiatives.

3. What is the main goal of observing International Girls in ICT Day?
A) To provide free technology training globally
B) To promote gender equality and women’s empowerment in the ICT sector
C) To increase funding for tech startups
D) To recognize women’s contributions to technology historically
E) To celebrate achievements in technology
Answer: B) To promote gender equality and women’s empowerment in the ICT sector

Event and Location:

  • Event: International Girls in ICT Day 2024
  • Location: Global

Mandates and Objectives:

  • Mandates: To promote participation of women and girls in the information and communication technology (ICT) sector.
  • Objectives: To encourage girls and young women to acquire skills in ICT, thereby advancing gender equality in the tech industry and empowering them to pursue successful careers in STEM fields.

Important Terms Explained:

  • Information and Communication Technology (ICT): Refers to technologies that provide access to information through telecommunications. This includes the internet, wireless networks, cell phones, and other communication mediums.
  • International Telecommunication Union (ITU): A specialized agency of the United Nations responsible for issues concerning information and communication technologies.

Static GK Information:

Titbits

International Telecommunication Union (ITU):

  • Founded Year: 1865
  • Secretary-General: Houlin Zhao
  • Headquarters: Geneva, Switzerland

Tabular Summary:

Event Location Date Significance
International Girls in ICT Day Global 25th April 2024 Aims to empower women and girls in the ICT sector and promote gender equality in STEM fields.

 

Ranking – Daily Current Affairs April 25

4. Which passport is ranked as the second cheapest to obtain in the world?
A) Singapore Passport
B) Canadian Passport
C) Indian Passport
D) British Passport
E) Australian Passport
Answer: C) Indian Passport

Event and Location:

  • Event: Ranking of passport costs globally
  • Location: International comparison

Mandates and Objectives:

  • Mandates: Providing affordable travel documents to citizens
  • Objectives: To offer an economical means for Indian citizens to travel internationally, promoting global connectivity and opportunities.

Important Terms Explained:

  • Visa-free travel: Allows holders of a particular passport to enter various countries without needing to obtain a visa beforehand.
  • Cost per year of validity: This refers to the average annual cost of maintaining a passport over its period of validity, highlighting its economic efficiency.

Tabular Summary:

Event Location Significance
Indian Passport Ranked as Second Cheapest Globally International Highlights the economic accessibility of Indian passports, promoting international mobility for Indian citizens.

5. Which states in India are leading the clean energy transition according to a recent report?
A) Karnataka and Gujarat
B) Kerala and Punjab
C) Jharkhand and Bihar
D) Uttar Pradesh and West Bengal
E) Maharashtra and Andhra Pradesh
Answer: A) Karnataka and Gujarat

Event and Location:

  • Event: Release of a report on India’s clean energy transition
  • Location: India

Mandates and Objectives:

  • Mandates: To evaluate the progress of Indian states in transitioning to clean electricity.
  • Objectives: To identify leading and lagging states in clean energy initiatives and recommend strategies to improve energy transition readiness and performance.

Important Terms Explained:

  • Clean Energy Transition: Refers to the shift from traditional energy sources like coal and oil to renewable energy sources such as wind, solar, and hydroelectric power.
  • Institute for Energy Economics and Financial Analysis (IEEFA) and Ember: Research organizations focusing on energy economics and clean energy transitions, respectively.

Static GK Information:

Titbits

Karnataka:

  • Capital: Bengaluru
  • Chief Minister: Basavaraj Bommai

Gujarat:

  • Capital: Gandhinagar
  • Chief Minister: Bhupendrabhai Patel

Tabular Summary:

Event Location Significance
Report on Clean Energy Transition India Highlights the leadership of Karnataka and Gujarat in adopting renewable energy and improving decarbonisation measures.

Banking and Finance – Daily Current Affairs April 25

6. What is the new minimum required Net Owned Fund (NOF) for ARCs to begin securitisation according to the latest RBI guidelines?
A) Rs 100 crore
B) Rs 200 crore
C) Rs 300 crore
D) Rs 500 crore
E) Rs 1,000 crore
Answer: C) Rs 300 crore

Event and Location:

  • Event: Release of RBI Master Guidelines for ARCs
  • Location: India

Mandates and Objectives:

  • Mandates: To strengthen the financial base of asset reconstruction companies (ARCs) by increasing the minimum Net Owned Fund (NOF).
  • Objectives: To ensure that ARCs have sufficient financial stability to undertake securitization and asset reconstruction activities effectively.

Important Terms Explained:

  • Asset Reconstruction Companies (ARCs): Financial institutions that acquire bad loans from banks and financial institutions to manage them and recover the funds.
  • Net Owned Fund (NOF): The amount of adjusted net worth of an ARC, which includes paid-up equity capital and free reserves minus accumulated losses and other intangible assets.
  • Securitisation: The process of pooling various types of debt — mortgages, car loans, or credit card debt — and selling them as bonds to investors, who receive periodic payments similar to the original loans.

Static GK Information:

Titbits

Reserve Bank of India (RBI):

  • Founded Year: 1935
  • Governor: Shaktikanta Das
  • Headquarters: Mumbai, Maharashtra, India

Tabular Summary:

Event Location Date New Minimum NOF Significance
RBI Releases Master Guidelines for ARCs India 24th April 2024 Rs 300 crore Raises financial standards for ARCs, enhancing stability and compliance in asset reconstruction and securitization activities.

 

Appointments – Daily Current Affairs April 25

7. What is the duration of Amitabh Chaudhry’s re-appointment as the CEO of Axis Bank?
A) From 2025 to 2028
B) From 2025 to 2027
C) From 2024 to 2027
D) From 2024 to 2028
E) From 2023 to 2026
Answer: B) From 2025 to 2027

Event and Location:

  • Event: Re-appointment of Amitabh Chaudhry as MD & CEO of Axis Bank
  • Location: India

Mandates and Objectives:

  • Mandates: To continue leadership and management of the bank under Chaudhry’s tenure.
  • Objectives: To maintain and enhance the bank’s operations and performance.

Important Terms Explained:

  • Managing Director & CEO: The chief executive responsible for the operation and administration of an organization.

Static GK Information:

Titbits

Axis Bank:

  • Founded Year: 1993
  • CEO/MD: Amitabh Chaudhry
  • Headquarters: Mumbai, Maharashtra, India

Tabular Summary:

Event Location Date Significance
Re-appointment of Amitabh Chaudhry India January 1, 2025 to December 31, 2027 Signifies continuity in leadership at Axis Bank.

 

National Affairs – Daily Current Affairs April 25

8. What is the capacity of the fuel cell that generates electricity in SJVN’s new Green Hydrogen Pilot Project?
A) 5 kW
B) 10 kW
C) 15 kW
D) 20 kW
E) 25 kW
Answer: E) 25 kW

Event and Location:

  • Event: Inauguration of India’s first Multi-purpose Green Hydrogen Pilot Project
  • Location: Nathpa Jhakri Hydro Power Station (NJHPS), Jhakri, Himachal Pradesh

Mandates and Objectives:

  • Mandates: To develop green hydrogen production infrastructure in the power sector.
  • Objectives: To establish green hydrogen as a clean energy source and utilize it for both power generation and High Velocity Oxygen Fuel (HVOF) Coating.

Important Terms Explained:

  • Green Hydrogen: Hydrogen fuel that is created through the electrolysis of water using renewable energy sources, resulting in zero carbon emissions.
  • High Velocity Oxygen Fuel (HVOF) Coating: A thermal spray coating process used to improve or restore a component’s surface properties or dimensions, thus extending equipment life by significantly increasing erosion and wear resistance and corrosion protection.

Static GK Information:

Titbits

SJVN Limited:

  • Founded Year: 1988
  • CEO/MD/Chairman: Smt. Geeta Kapur
  • Headquarters: Shimla, Himachal Pradesh, India

Tabular Summary:

Event Location Date Chief Guest Significance
Inauguration of Green Hydrogen Pilot Project Nathpa Jhakri Hydro Power Station, Himachal Pradesh April 24, 2024 Smt. Geeta Kapur, Chairperson and Managing Director Marks the launch of India’s first multi-purpose Green Hydrogen Pilot Project, integrating green hydrogen production for power and industrial use.

9. What is the purpose of the green loan secured by REC Limited?
A) To fund general corporate expenses
B) To finance eligible green projects that meet environmental standards
C) To cover operational costs of REC
D) To expand into non-energy sectors
E) To pay off existing debts
Answer: B) To finance eligible green projects that meet environmental standards

Event and Location:

  • Event: REC Limited securing a Green Loan
  • Location: India

Mandates and Objectives:

  • Mandates: Supporting sustainable development projects in the energy sector.
  • Objectives: To utilize the loan for projects promoting renewable energy, green mobility, and energy efficiency, contributing to reduced carbon emissions.

Important Terms Explained:

  • Green Loan: A loan earmarked for funding projects that have positive environmental impacts, such as renewable energy, energy efficiency improvements, and sustainable waste management.
  • SACE: Italian Export Credit Agency that supports export and internationalization of Italian businesses. In this context, it guarantees 80% of the green loan to REC.

Static GK Information:

Titbits

REC Limited:

  • Founded Year: 1969
  • CEO/MD/Chairman: Shri Vivek Kumar Dewangan
  • Headquarters: New Delhi, India

Tabular Summary:

Event Location Chief Guest Significance
REC Secures SACE-Covered Green Loan India Shri Vivek Kumar Dewangan Marks a significant step in financing sustainable energy projects in India with international collaboration.

10. What international recognition did India’s CPGRAMS system receive at the recent Commonwealth meeting?
A) Award for the best AI implementation
B) Best practice in digital government transformation
C) Recognition as a leading e-service provision
D) Recognition as a best practice in governance
E) Award for best cybersecurity measures
Answer: D) Recognition as a best practice in governance

Event and Location:

  • Event: Commonwealth Secretaries of Public Service/Secretaries to Cabinet meeting
  • Location: Marlborough House, London

Mandates and Objectives:

  • Mandates: Sharing knowledge and best practices in governance among Commonwealth countries.
  • Objectives: To promote SMART government practices to enhance public service delivery.

Important Terms Explained:

  • CPGRAMS (Centralised Public Grievance Redress and Monitoring System): An Indian government initiative designed to address and monitor public grievances effectively.
  • SMART Government: Systems that leverage technologies like AI to enhance efficiency and accountability in public administration.

Static GK Information:

Titbits

Commonwealth Secretariat:

  • Founded Year: 1965
  • Secretary-General: The Rt Hon Patricia Scotland KC
  • Headquarters: London, United Kingdom

Tabular Summary:

Event Location Date Chief Guest Significance
Recognition of CPGRAMS at Commonwealth Meeting Marlborough House, London 22nd – 24th April 2024 The Rt Hon Patricia Scotland KC, Commonwealth Secretary-General CPGRAMS recognized as a governance best practice, showcasing India’s leadership in digital government transformation.

11. What is the new motto of the Indian Historical Records Commission (IHRC)?
A) Preserving the Past, Enlightening the Future
B) Where history is preserved for the future
C) Keeping History Alive for Tomorrow
D) Documenting Yesterday for Tomorrow
E) Archiving the Past, Serving the Future
Answer: B) Where history is preserved for the future

Event and Location:

  • Event: Adoption of a new logo and motto by the IHRC
  • Location: India

Mandates and Objectives:

  • Mandates: To advise the Government of India on archival matters and promote historical research.
  • Objectives: To preserve, study, and make accessible India’s historical records.

Important Terms Explained:

  • Logo Representation: The logo includes lotus petals representing resilience and the Sarnath pillar symbolizing India’s glorious past. The brown color theme emphasizes the mission of preserving history.

Static GK Information:

Titbits

Indian Historical Records Commission (IHRC):

  • Founded Year: 1919
  • Head: Union Minister of Culture
  • Function: Advisory body on archival matters in India

Tabular Summary:

Event Location Date Significance
IHRC Adopts New Logo and Motto India 2023 Reflects IHRC’s commitment to preserving historical records for future generations.

12. What are the main benefits of the partnership between Nabard and RBIH regarding agri loans?
A) Increased loan amounts for farmers
B) Speeding up the loan processing time
C) Offering training to farmers on financial management
D) Expanding the range of crops covered by loans
E) Providing new farming equipment
Answer: B) Speeding up the loan processing time

Event and Location:

  • Event: Partnership between Nabard and RBIH to streamline agri loans
  • Location: India

Mandates and Objectives:

  • Mandates: To revolutionize digital agriculture lending in India.
  • Objectives: To reduce the time for processing agricultural loans from weeks to minutes.

Important Terms Explained:

  • Kisan Credit Card (KCC): A system in India that provides farmers with timely access to credit.
  • e-KCC: Electronic version of the Kisan Credit Card, facilitating digital loan processing.

Static GK Information:

Titbits

Nabard (National Bank for Agriculture and Rural Development):

  • Founded Year: 1982
  • CEO/MD/Chairman: Mr. Shaji K V
  • Headquarters: Mumbai, Maharashtra, India

Tabular Summary:

Event Location Chief Guest Significance
Nabard and RBIH Partnership for Agri Loans India Mr. Shaji K V, Mr. Rajesh Bansal Streamlines the agri loan process, significantly reducing processing time for farmers’ benefit.


Over All Review

Important Days

  • World Immunization Week is celebrated on 24th – 30th April 2024.
  • World Malaria Day 2024 is observed across the world on April 25th, 2024.
  • ‘International Girls in ICT Day’ is observed on the fourth Thursday of April.

Ranking 

  • Indian Passport is ranked as the second cheapest to obtain in the world.
  • Karnataka and Gujarat are leading the clean energy transition according to a recent report.

Banking and Finance 

  • The new minimum required Net Owned Fund (NOF) for ARCs is Rs 300 crore.

Appointments

  • Axis Bank re-appoints Amitabh Chaudhry as MD & CEO for three more years.

National Affairs

  • SJVN sets milestone with Inauguration of First Multi-purpose Green Hydrogen Pilot Project of the Nation.
  • REC Limited avails SACE-Covered Green Loan for ~ 60.5 Billion Japanese Yen.
  • India’s CPGRAMS recognized as a best practice in Commonwealth Secretaries.
  • Indian Historical Records Commission (IHRC) Adopts a New Logo and Motto.
  • NABARD, RBIH link up to ease agri loan access.

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