Daily Current Affairs January 01

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January 01 | Daily Current Affairs 2025

Important Days – Daily Current Affairs January 01

1. What was one of the key activities organized during the 55th foundation day celebration of the Students Federation of India (SFI)?
A) Marathon race
B) Flag hoisting and sapling planting
C) Science exhibition
D) Debate competition
E) Sports tournament
Answer: B) Flag hoisting and sapling planting

Event and Location:

• Event: 55th Foundation Day Celebration of the Students Federation of India (SFI)
• Date: December 30, 2024, and January 1, 2025
• Locations: Agartala (Tripura), Sabroom (Tripura), Thanjavur (Tamil Nadu)

Mandates and Objectives:

• To celebrate SFI’s legacy and contributions to the student movement.
• To promote cultural and social engagement through events like drawing competitions and sapling planting.
• To inspire students and commemorate the martyrs of the student movement.

Activities Highlighted:

• Flag hoisting at Chhatra-Yuva Bhavan, Agartala.
• Drawing competition at Sabroom office with enthusiastic participation.
• Sapling planting and distribution at Rajah Serfoji Government College, Thanjavur.

Important Terms Explained:

• Students Federation of India (SFI):
  • A student wing of the Communist Party of India (Marxist), formed to address educational and societal challenges.
  • Works towards progressive education policies and social justice for students.
• Chhatra-Yuva Bhavan: Venue in Agartala hosting major SFI events.
• Rajah Serfoji Government College: A key educational institution in Tamil Nadu involved in the celebrations.

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Sports – Daily Current Affairs January 01

2. Who won the bronze medal in the Women’s World Blitz Championship?
A) Koneru Humpy
B) Ju Wenjun
C) Vaishali R
D) Lei Tingjie
E) Magnus Carlsen
Answer: C) Vaishali R

Event and Location:

• Event: Women’s World Blitz Chess Championship – Vaishali R Wins Bronze
• Date: January 1, 2025
• Location: New York, USA

Mandates and Objectives:

• To recognize Vaishali R’s achievement in securing the bronze medal for India.
• To highlight India’s growing presence in international chess competitions.

Key Highlights:

• Vaishali R defeated China’s Zhu Jiner (2.5–1.5) in the quarter-finals.
• She lost to Ju Wenjun (0.5–2.5) in the semi-finals, finishing third overall.
• Ju Wenjun went on to win the championship, defeating Lei Tingjie (3.5–2.5).
• Indian chess icon Koneru Humpy secured the title in the rapid event earlier.
• In the open section, Magnus Carlsen and Ian Nepomniachtchi shared the Blitz title after a deadlock in sudden-death games.

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Business and Economy – Daily Current Affairs January 01

3. What was the gross GST collection in December 2024?
A) ₹1.65 lakh crore
B) ₹1.82 lakh crore
C) ₹1.77 lakh crore
D) ₹2.10 lakh crore
E) ₹1.54 lakh crore
Answer: C) ₹1.77 lakh crore

Event and Location:

• Event: GST Collection Rises by 7.3% in December 2024
• Date: January 1, 2025
• Location: New Delhi

Mandates and Objectives:

• Gross GST Collection:
  • Total revenue for December 2024: ₹1.77 lakh crore, a 7.3% year-on-year (YoY) increase.
  • Previous year (December 2023): ₹1.65 lakh crore.
• Segmented Collection Details:
  • Central GST (CGST): ₹32,836 crore.
  • State GST (SGST): ₹40,499 crore.
  • Integrated GST (IGST): ₹47,783 crore.
  • Cess: ₹11,471 crore.
• Breakdown by Sources:
  • Domestic Transactions: Grew by 8.4% YoY to ₹1.32 lakh crore.
  • Imports: GST on imports increased by 4% YoY to ₹44,268 crore.
• Refunds:
  • Refunds worth ₹22,490 crore issued, a 31% increase YoY.
  • After refunds, net GST collection stood at ₹1.54 lakh crore (+3.3% YoY).

Important Terms Explained:

• Goods and Services Tax (GST):
  • A unified tax structure for goods and services in India.
  • Includes CGST (Central), SGST (State), IGST (Integrated for inter-state transactions), and Cess (levied on specific goods).
• Refunds in GST:
  • Issued when the tax paid exceeds the tax liability, commonly seen in exports or adjustments.

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Books and Authors – Daily Current Affairs January 01

4. Who will release the book titled ‘Jammu Kashmir and Ladakh: Through the Ages’ on January 2, 2025?
A) Shri Dharmendra Pradhan
B) Shri Narendra Modi
C) Shri Amit Shah
D) Dr. S. Jaishankar
E) Shri Rajnath Singh
Answer: C) Shri Amit Shah

Event and Location:

• Event: Book Release of ‘Jammu Kashmir and Ladakh: Through the Ages’
• Date: January 2, 2025
• Location: New Delhi

Key Highlights:

• Chief Guest: Shri Amit Shah, Union Minister for Home Affairs and Cooperation.
• Guest of Honour: Shri Dharmendra Pradhan, Union Minister for Education.
• Objective of the Book:
  • Explores the history of Jammu Kashmir and Ladakh over three millennia.
  • Divided into seven sections, illustrating key historical moments and contributions to Indian history.
• Publication:
  • Published in both Hindi and English.
  • Collaboration between the National Book Trust (NBT), India and the Indian Council of Historical Research (ICHR).
• Audience:
  • Designed for subject specialists and general readers to gain a comprehensive understanding of the region’s history.

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Appointments – Daily Current Affairs January 01

5. Who has been appointed as the new Secretary General of ASSOCHAM?
A) Deepak Sood
B) Sanjay Nayar
C) Manish Singhal
D) R. Gopalan
E) Subhrakant Panda
Answer: C) Manish Singhal

Event and Location:

• Event: Manish Singhal Appointed as ASSOCHAM’s Secretary General
• Date: January 1, 2025
• Location: New Delhi

Mandates and Objectives:

• New Leadership:
  • Manish Singhal, an industry leader with 35+ years of experience, takes over as the Secretary General of ASSOCHAM.
  • He succeeds Deepak Sood, who stepped down after a five-year stint.
• Key Focus Areas:
  • Strengthen policy advocacy and international business development.
  • Enhance ASSOCHAM’s role as a premier business advocacy body in India.

Key Highlights:

• Professional Background:
  • Former Deputy Secretary General at the Federation of Indian Chambers of Commerce and Industry (FICCI).
  • Experience with leading companies such as Tata Motors, Volvo-Eicher, Tata AutoComp Systems, Moser Baer, and BEML.
• Statement from ASSOCHAM:
  • Sanjay Nayar, President of ASSOCHAM, expressed confidence in Singhal’s ability to scale ASSOCHAM to new heights.

Important Terms Explained:

• ASSOCHAM (Associated Chambers of Commerce and Industry of India):
  • An apex industry body representing Indian businesses across various sectors.
  • Focuses on policy advocacy, economic development, and international business collaboration.
• Policy Advocacy:
  • Efforts to influence government policies to foster industry growth, improve business environments, and boost the economy.

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Defence – Daily Current Affairs January 01

6. Who has assumed command of the Indian Air Force’s Western Air Command as of January 1, 2025?
A) Air Marshal Pankaj Mohan Sinha
B) Air Marshal R.K. Bhadauria
C) Air Marshal Jeetendra Mishra
D) Air Marshal Anil Chauhan
E) Air Marshal Vivek Ram Chaudhari
Answer: C) Air Marshal Jeetendra Mishra

Event and Location:

• Event: Air Marshal Jeetendra Mishra Assumes Command of Western Air Command
• Date: January 1, 2025
• Location: Western Air Command Headquarters

Career Highlights:

• Commissioning:
  • Commissioned as a fighter pilot in the Indian Air Force on 06 December 1986.
• Educational Background:
  • Alumnus of National Defence Academy, Pune.
  • Trained at Air Force Test Pilots School, Bangalore, Air Command and Staff College, USA, and Royal College of Defence Studies, UK.
• Flying Experience:
  • A Fighter Combat Leader and Experimental Test Pilot with over 3000 flying hours.
• Command and Staff Roles:
  • Commanded a Fighter Squadron.
  • Served as Chief Test Pilot at Aircraft & Systems Testing Establishment (ASTE).
  • Held key positions like Air Officer Commanding of two air bases, Director (Operational Planning and Assessment Group), and Assistant Chief of Air Staff (Projects) at Air HQ.
  • Last position before current appointment: Deputy Chief of Integrated Defence Staff (Operations).
• Awards:
  • Recipient of the prestigious Ati Vishisht Seva Medal and Vishisht Seva Medal for distinguished service.

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National Affairs – Daily Current Affairs January 01

7. How much aid was released under the Chief Minister’s Relief Fund (CMRF) by the Andhra Pradesh CM recently?
A) ₹50 crore
B) ₹24 crore
C) ₹100 crore
D) ₹7 crore
E) ₹35 crore
Answer: B) ₹24 crore

Event and Location:

• Event: Release of ₹24 crore aid under the Chief Minister’s Relief Fund (CMRF)
• Date: January 1, 2025
• Location: Vijayawada, Andhra Pradesh

Mandates and Objectives:

• To provide financial aid to individuals in need through the Chief Minister’s Relief Fund (CMRF).
• Assistance targeted at poor beneficiaries across the state.

Key Highlights:

• Andhra Pradesh Chief Minister N. Chandrababu Naidu disbursed ₹24 crore to 1,600 beneficiaries under CMRF.
• Total disbursed under CMRF by the NDA government to date: ₹100 crore to 7,523 people.
• The scheme continues to be a crucial tool for extending financial relief to the underprivileged.

Important Terms Explained:

• Chief Minister’s Relief Fund (CMRF):
  • A fund established to provide immediate assistance for medical treatment, natural calamities, or other emergencies.
  • Administered by the Chief Minister’s office and disbursed based on applications and approvals.

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8. What is the total budget approved for the continuation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) and Restructured Weather Based Crop Insurance Scheme (RWBCIS) till 2025-26?
A) ₹50,000 crore
B) ₹69,515.71 crore
C) ₹75,000 crore
D) ₹3,850 crore
E) ₹824.77 crore
Answer: B) ₹69,515.71 crore

Event and Location:

• Event: Union Cabinet Approves Key Farmer-Centric Initiatives
• Date: January 1, 2025
• Location: New Delhi

Major Decisions Approved:

1. Continuation of Crop Insurance Schemes
   • Schemes: Pradhan Mantri Fasal Bima Yojana (PMFBY) and Restructured Weather Based Crop Insurance Scheme (RWBCIS).
   • Budget: ₹69,515.71 crore allocated for the period till 2025-26.
   • Objective: Provide risk coverage to farmers against natural calamities.
   • Technological Enhancements:
     • Yield Estimation System using Technology (YES-TECH): Remote sensing for crop yield estimation.
     • Weather Information and Network Data System (WINDS): Improve weather data collection using automatic weather stations.
2. Extension of DAP Special Package
   • Duration: Till December 31, 2025.
   • Budgetary Requirement: ₹3,850 crore for the extended period.
   • Purpose: Ensure Di-Ammonium Phosphate (DAP) remains affordable for farmers under the Nutrient Based Subsidy (NBS) policy.
3. MoU for Non-Basmati White Rice Trade with Indonesia
   • Volume: One million metric tonnes of rice annually.
   • Duration: Four years, with automatic renewal for an additional four years.
   • Implementing Agency: National Cooperative Exports Limited (NCEL).
   • Objective: Address trade imbalances and strengthen India-Indonesia trade relations.

Important Terms Explained:

• Pradhan Mantri Fasal Bima Yojana (PMFBY):
  • A crop insurance scheme launched in 2016 to protect farmers from crop yield losses due to natural calamities.
• Restructured Weather Based Crop Insurance Scheme (RWBCIS):
  • Provides insurance coverage based on weather parameters affecting crop yield.
• Nutrient-Based Subsidy (NBS):
  • A policy to regulate fertilizer prices based on nutrient content, ensuring affordability for farmers.
• Non-Basmati White Rice (NBWR):
  • A category of rice exported in large quantities, particularly to nations like Indonesia.
• National Cooperative Exports Limited (NCEL):
  • A cooperative society facilitating trade under the Multi-State Cooperative Societies Act, 2002.

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9. What is the allocated budget for the One Nation One Subscription (ONOS) scheme for its initial three years (2025-2027)?
A) ₹4,500 crore
B) ₹6,000 crore
C) ₹3,000 crore
D) ₹7,500 crore
E) ₹5,000 crore
Answer: B) ₹6,000 crore

Event and Location:

• Event: Union Cabinet Approves the One Nation One Subscription (ONOS) Scheme
• Date: January 1, 2025
• Location: New Delhi

Key Highlights of the ONOS Scheme:

• Objective:
  • To provide equitable access to international scholarly journals, fostering research and innovation across 6,300+ government-managed academic and R&D institutions.

Features:

1. Digital Access:
   • Over 13,000 scholarly journals from 30 international publishers.
   • Covers disciplines like STEM, Medicine, Social Sciences, and Finance.
2. Beneficiaries:
   • Approximately 1.8 crore students, faculty, and researchers across India, including tier 2 and tier 3 institutions.
3. Phases:
   • Phase I (2025-2027): Focus on building framework and access infrastructure.
4. Key Financials:
   • Budget Allocation: ₹6,000 crore for the first three years.
   • Additional ₹150 crore per year for Open Access (OA) publishing support.

Implementation:

• INFLIBNET:
  • Central coordinator for subscriptions, an autonomous body under UGC.
• Negotiated discounts on Article Processing Charges (APCs) to support Indian researchers publishing in high-quality journals.

Alignment with Vision:

• A part of the ViksitBharat@2047 roadmap, aiming to make India a global R&D leader by 2047.
• Complements National Education Policy (NEP) 2020 and Anusandhan National Research Foundation (ANRF) initiatives.

Important Terms Explained:

• One Nation One Subscription (ONOS):
  • A government initiative to provide centralized access to international research resources for all government academic and R&D institutions.
• INFLIBNET (Information and Library Network):
  • An inter-university center under UGC responsible for digital access management of the ONOS scheme.
• Article Processing Charges (APCs):
  • Fees charged by publishers to make research articles freely accessible online under Open Access.

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10. How many bills were passed by both Houses of Parliament during 2024?
A) 24
B) 20
C) 18
D) 16
E) 22
Answer: D) 16

Event and Location:

• Event: Year-End Review 2024: Ministry of Parliamentary Affairs
• Date: January 1, 2025
• Location: New Delhi

Key Highlights:

• Legislative Achievements:
  • Bills Passed in Lok Sabha: 20
  • Bills Passed in Rajya Sabha: 18
  • Bills Passed by Both Houses: 16
• Important Bills Passed:
  1. The Water (Prevention and Control of Pollution) Amendment Act, 2024: Decriminalized minor violations and promoted Ease of Doing Business.
  2. The Public Examination (Prevention of Unfair Means) Act, 2024: Enhanced transparency and fairness in public examinations.
  3. The Constitution (Jammu and Kashmir) Scheduled Castes Order (Amendment) Act, 2024: Included the Valmiki community in the Scheduled Castes list.
  4. The Constitution (Jammu and Kashmir) Scheduled Tribes Order (Amendment) Act, 2024: Revised the Scheduled Tribes list.
  5. The Bharatiya Vayuyan Vidheyak, 2024: Re-enacted the Aircraft Act for better regulatory clarity.

Other Major Initiatives:

1. Constitution Day Celebration:
   • Commemorated the 75th Anniversary of the adoption of the Constitution on 26th November 2024.
   • Highlighted India’s democratic journey with special discussions in both Houses.
2. National e-Vidhan Application (NeVA):
   • Digitalized State Legislatures, onboarding 27 Houses, with 15 fully operational on NeVA.
   • Promoted “One Nation One Application” under the Digital India Programme.
3. Youth Parliament Initiatives:
   • NYPS 2.0 Portal: Enhanced participation for students nationwide.
   • Launched National Youth Parliament Competitions for tribal students in Eklavya Model Residential Schools (EMRSs).
4. Special Campaign 4.0:
   • Focused on institutionalizing cleanliness (Swachhata) and reducing pending matters.
5. Tree Plantation Drive:
   • Conducted under ‘Ek Ped Maa Ke Naam’ Abhiyan to promote environmental conservation.

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Over All Review

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