Daily Current Affairs January 07

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January 07 | Daily Current Affairs 2024

Important Days – Daily Current Affairs January 07

1. What is the primary focus of the World Day of War Orphans observed annually on January 6?
A) To address the impact of climate change on children.
B) To promote education for underprivileged children globally.
C) To highlight the challenges faced by children orphaned due to war and violence.
D) To honor children who excel academically despite hardships.
E) To advocate for stricter child labor laws worldwide.
Answer: C) To highlight the challenges faced by children orphaned due to war and violence.

Event and Location:

• Event: World Day of War Orphans 2025
• Date: January 6, 2025

Mandates and Objectives:

• Purpose:
  • To shed light on the hardships of children who have lost their parents due to war and violence.
  • Emphasize the need for global action to ensure the welfare of war orphans through care, education, and protection.
• Key Issues Faced by War Orphans:
  • Loss of Family and Identity:
    • Emotional and financial instability caused by losing parents.
    • Lifelong struggles with identity and belonging.
  • Deprivation of Basic Needs:
    • Lack of food, shelter, clean water, and healthcare.
    • Vulnerability to diseases, exploitation, and unsafe living conditions.
  • Psychological Trauma:
    • Exposure to violence and displacement causes severe mental health challenges like PTSD and depression.
  • Barriers to Education:
    • Many orphans drop out of school, perpetuating poverty and reducing opportunities for better futures.

Historical Background:

• Initiation:
  • Introduced by the French organization SOS Enfants en Détresses to focus on the plight of children affected by war.
  • Post-World War II efforts in 1945 highlighted the global need to rehabilitate and support war-affected children.
• Significance of the Day:
  • Awareness: Draw attention to the struggles of war orphans and the impact of conflict on children.
  • Advocacy: Promote global efforts to provide education, healthcare, and shelter to orphans.
  • Climate Impact: Address compounded challenges due to resource scarcity and displacement in conflict zones affected by climate change.

Global Context and Statistics:

• UNICEF Report:
  • Over 460 million children currently live in or are fleeing conflict zones such as Sudan, Ukraine, Myanmar, and the State of Palestine.
  • Thousands of children become orphans each year due to war and violence.

Key Actions Needed:

• Protection:
  • Provide secure shelters, prevent exploitation, and ensure access to basic healthcare.
• Education:
  • Establish schools in conflict zones and refugee camps.
  • Offer scholarships and vocational training to help war orphans rebuild their lives.
• Mental Health Support:
  • Offer counseling and trauma care to help children recover from emotional and psychological distress.

Tabular Summary:

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Sports – Daily Current Affairs January 07

2. What is the primary objective of Odisha’s ₹15 crore sponsorship deal for the Indian kho kho team?
A) To host the Kho Kho World Cup in Odisha.
B) To promote kho kho as an Olympic sport.
C) To enhance team development, infrastructure, and global participation.
D) To organize annual state-level kho kho tournaments.
E) To build a kho kho academy in Bhubaneswar.
Answer: C) To enhance team development, infrastructure, and global participation.

Event and Location:

• Event: Odisha Government announces ₹15 crore sponsorship for Indian kho kho team
• Date: January 7, 2025
• Location: Odisha

Mandates and Objectives:

• Purpose of Sponsorship:
  • Support team development, improve training infrastructure, and aid global participation of the Indian kho kho team.
  • Strengthen the cultural and international relevance of the indigenous sport.
• Funding and Duration:
  • ₹15 crore sponsorship spread over three years (January 2025 to December 2027).
  • Funded by the Odisha Mining Corporation (OMC) at ₹5 crore annually.
• Significance:
  • Reinforces Odisha’s commitment to sports development, following its successful promotion of Indian hockey.
  • Coincides with India hosting the first-ever Kho Kho World Cup from January 13-19, 2025, in New Delhi.

Key Leadership Perspectives:

• Odisha CM Mohan Charan Majhi:
  • Highlighted the initiative’s role in preserving cultural heritage and creating opportunities for athletes.
  • Envisions a transformation for kho kho akin to the resurgence of Indian hockey.
• Sudhanshu Mittal, President of KKFI:
  • Praised Odisha’s sponsorship as a turning point for kho kho’s global promotion.

Tabular Summary:

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Ranking – Daily Current Affairs January 07

3. Which sector in India was most affected by cyberattacks in 2024, according to CloudSEK’s report?
A) Education
B) Healthcare
C) Banking and Finance
D) Government
E) Telecommunications
Answer: C) Banking and Finance

Event and Location:

• Event: India ranked second globally for cyberattacks in 2024
• Date: January 7, 2025
• Location: India

Mandates and Objectives:

• Global Ranking:
  • India became the second most targeted nation for cyberattacks in 2024, with 95 affected entities.
  • The United States ranked first with 140 attacks, and Israel ranked third with 57.
• Sector-Specific Impact:
  • Banking and Finance: Most affected sector, with 20 victims.
  • Other impacted sectors:
    • Government (13 victims)
    • Telecommunications (12 victims)
    • Healthcare and Pharma (10 victims)
    • Education (9 victims).
• Major Data Breaches:
  • Leak of 850 million records of Indian citizen data from Hi-Tek Group.
  • Customer data breaches from Star Health and Allied Insurance.
  • 2TB of data leaked from Telecommunications Consultants India.
• Ransomware Incidents:
  • 108 ransomware incidents recorded in India.
  • Key attack groups: Lockbit (responsible for over 20 incidents), Killsec, and Ransomhub.

Historical Context:

• In 2018, India also ranked second globally for data breaches, driven by the rapid growth in internet subscribers and digitization.
• These trends have made the country a major target for cyberattacks, exposing vulnerabilities in its digital infrastructure.

Implications:

• The surge in cyberattacks highlights the urgent need for:
  • Enhanced cybersecurity measures across all sectors.
  • Stronger data protection protocols to safeguard sensitive information and maintain public trust.

Tabular Summary:

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Banking and Finance – Daily Current Affairs January 07

4. Which of the following details is true about the recent $1 billion bond issuance by EXIM Bank in 2025?
A) The bonds were issued at a spread of 2% over US Treasury yields.
B) EXIM Bank raised funds for the first time in the international market.
C) The issuance achieved the tightest-ever spread of 100 basis points over 10-year US Treasuries.
D) The majority of investors were from the United States.
E) EXIM Bank is rated AAA by Fitch.
Answer: C) The issuance achieved the tightest-ever spread of 100 basis points over 10-year US Treasuries.

Event and Location:

• Event: EXIM Bank raises $1 billion via 10-year bonds
• Date: January 7, 2025
• Location: Global financial markets

Mandates and Objectives:

• Purpose of Funds:
  • Financing ongoing and new initiatives to support India’s international trade.
• Achievements:
  • Tightest-ever spread of 1% (100 basis points) over US Treasuries for Indian issuers.
  • Strong demand resulted in a peak order book of $2.7 billion.
  • Negative new issue concession of 0.05%, reflecting robust investor confidence.

Important Terms Explained:

• Quasi-Sovereign: Entities backed by or closely tied to the government, implying strong credit support.
• JP Morgan Emerging Bond Index: Tracks emerging market bond performance; inclusion boosts investor confidence.
• Spread: Measures the premium of the bond yield over a benchmark yield, often used to assess risk.

Tabular Summary:

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Business and Economy – Daily Current Affairs January 07

5. What is the expected growth rate of India’s real GDP for FY25 as per NSO estimates?
A) 7.2%
B) 8.2%
C) 6.4%
D) 6.0%
E) 3.8%
Answer: C) 6.4%

Event and Location:

• Event: India’s real GDP expected to rise 6.4% in FY25
• Date: January 7, 2025
• Location: India

Mandates and Objectives:

• Key Projections by NSO:
  • India’s real GDP growth for FY25 is expected at 6.4%, down from 8.2% in FY24.
  • Real Gross Value Added (GVA): Projected to grow at 6.4%, slower than 7.2% in FY24.
  • Agriculture GVA Growth: Expected to surge to 3.8%, up from 1.4% in FY24.
• Significance of GDP Slowdown:
  • Marks the lowest GDP growth in four years, indicating a cooling of economic engines.
  • Reflects economic adjustments post-rapid recovery from pandemic-induced disruptions.

Important Terms Explained:

• Real GDP (Gross Domestic Product):
  • Measures the total value of goods and services produced in an economy, adjusted for inflation.
• Gross Value Added (GVA):
  • Represents the value of goods and services produced in the economy minus the cost of inputs.
  • It is a key component of GDP calculation, providing sectoral performance insights.
• NSO (National Statistics Office):
  • India’s official statistical agency responsible for providing data on the economy, population, and more.

Tabular Summary:

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6. What is the primary focus of the Tata Technologies and Telechips partnership announced in January 2025?
A) Developing semiconductor chips for home appliances.
B) Enhancing fuel efficiency in vehicles.
C) Co-developing scalable software frameworks for ADAS and autonomous vehicle platforms.
D) Creating AI solutions for healthcare.
E) Manufacturing electric vehicle batteries.
Answer: C) Co-developing scalable software frameworks for ADAS and autonomous vehicle platforms.

Event and Location:

• Event: Tata Technologies partners with Telechips to develop ADAS solutions
• Date: January 7, 2025
• Location: Bengaluru, India

Mandates and Objectives:

• Purpose of Collaboration:
  • To co-develop scalable software frameworks for Advanced Driver Assistance Systems (ADAS) and autonomous vehicle platforms.
  • To accelerate innovations for software-defined vehicles (SDVs) through cutting-edge technologies.
• Technological Integration:
  • Combines Telechips’ advanced semiconductor technology with Tata Technologies’ expertise in vehicle software and hardware integration.
  • Leverages Artificial Intelligence (AI) to enhance situational awareness, decision-making, and real-time updates for vehicles.
• Key Focus Areas:
  • Developing solutions for automotive cockpit domain controllers.
  • Creating central and zonal gateway controllers to address connectivity, safety, and seamless integration needs.

Important Terms Explained:

• ADAS (Advanced Driver Assistance Systems): Technologies that provide essential driving assistance, improving safety and reducing accidents.
• SDV (Software-Defined Vehicles): Vehicles where software capabilities define functionality, enabling real-time updates and enhancements.
• Cockpit Domain Controllers: Systems that integrate all cockpit functionalities (infotainment, cluster, heads-up displays) into a single platform.
• Zonal Gateway Controllers: Technologies that manage communication between various vehicle systems in specific zones for improved efficiency.

Tabular Summary:

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7. What is a key highlight of Microsoft’s $3 billion investment in India announced in 2025?
A) Establishing AI innovation hubs in rural areas.
B) Creating 10 million jobs over the next five years.
C) Training 10 million individuals in AI skills under the ADVANTA(I)GE India program.
D) Partnering with L&T for AI infrastructure development.
E) Expanding only in South India with new data centers.
Answer: C) Training 10 million individuals in AI skills under the ADVANTA(I)GE India program.

Event and Location:

• Event: Microsoft to invest $3 billion in India for cloud, AI infrastructure, and skilling
• Date: January 7, 2025
• Location: Bengaluru, India

Mandates and Objectives:

• Investment Goals:
  • $3 billion investment over two years to expand cloud and AI infrastructure.
  • Establish new data centers in Central India, South India, and West India.
• Skilling Program:
  • Train 10 million people in AI skills as part of the second edition of ADVANTA(I)GE India program.
  • Enhance India’s long-term competitiveness by equipping the workforce with AI capabilities.
• Commitment to India:
  • Reaffirm Microsoft’s vision to make India an AI-first country.
  • Build on India’s position as a global leader in AI innovation.

Important Terms Explained:

• ADVANTA(I)GE India Program:
  • Microsoft’s flagship skilling initiative aimed at upskilling millions in AI and related technologies.
• Azure Regions:
  • Microsoft’s global network of cloud data centers that provide scalable and secure cloud computing services.
• AI-First Vision:
  • A commitment to integrate AI deeply into every sector and promote innovation to unlock new opportunities.

Tabular Summary:

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8. What is the primary focus of the De Beers and GJEPC collaboration announced in January 2025?
A) Manufacturing synthetic diamonds in India.
B) Promoting natural diamonds through independent retailers in India.
C) Opening diamond mines in India.
D) Providing subsidies to diamond exporters.
E) Organizing international diamond exhibitions in India.
Answer: B) Promoting natural diamonds through independent retailers in India.

Event and Location:

• Event: De Beers Group collaborates with GJEPC to promote natural diamonds in India
• Date: January 7, 2025
• Location: Mumbai, Maharashtra

Mandates and Objectives:

• Initiative:
  • Indian Natural Diamond Retailer Alliance (INDRA) was launched to support independent retailers in promoting natural diamonds.
  • Enhance consumer education, interest, and confidence in natural diamond jewelry.
• Key Components:
  • Provide AI-driven customized retailer campaigns.
  • Offer multi-lingual marketing assets and in-depth training on natural diamonds in local languages.
  • Simplify the sourcing, marketing, and sale of natural diamond jewelry in India.
• Significance for India:
  • India is the world’s second-largest market for diamonds and jewelry, expected to grow by over 40% by 2030.
  • Current penetration of natural diamonds in Indian jewelry retail is just 10%, significantly below mature markets like the US.

Important Terms Explained:

• De Beers Group:
  • A global leader in the diamond industry, known for its expertise in sourcing, trading, and marketing natural diamonds.
• GJEPC (Gem & Jewellery Export Promotion Council):
  • India’s apex trade body for the promotion and regulation of the gem and jewelry sector.
• INDRA (Indian Natural Diamond Retailer Alliance):
  • A joint initiative aimed at empowering independent retailers and boosting the natural diamond business in India.

Tabular Summary:

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National Affairs – Daily Current Affairs January 07

9. What is the primary objective of the traffic awareness park being built in Hanamkonda?
A) To promote cycling in schools.
B) To conduct driving tests for students.
C) To impart road safety awareness and traffic rules to children.
D) To serve as a parking facility for school buses.
E) To host road safety competitions for adults.
Answer: C) To impart road safety awareness and traffic rules to children.

Event and Location:

• Event: Foundation laid for traffic awareness park in Hanamkonda
• Date: January 7, 2025
• Location: Government High School, Hanamkonda, Telangana

Mandates and Objectives:

• Purpose:
  • Create road safety awareness among children.
  • Familiarize schoolchildren with traffic rules and safety measures.
• Guidelines:
  • Developed according to UNICEF guidelines for effective road safety education.
• Expansion Plan:
  • Similar parks are planned across government and private schools in Telangana to sensitize children about road safety.

Important Terms Explained:

• UNICEF Guidelines:
  • Refers to international standards and practices recommended by UNICEF to promote child safety, including road safety education.
• Traffic Awareness Park:
  • A designated area designed to simulate real-world traffic conditions to teach children about road safety rules in an interactive environment.

Tabular Summary:

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10. What is the main objective of the newly launched ‘Jana Nayakudu’ portal?
A) To monitor the progress of state-level projects.
B) To provide employment opportunities in Kuppam.
C) To redress public grievances efficiently.
D) To digitize land records in Andhra Pradesh.
E) To promote tourism in Kuppam.
Answer: C) To redress public grievances efficiently.

Event and Location:

• Event: ‘Jana Nayakudu’ portal launched for grievance redress in Kuppam
• Date: January 7, 2025
• Location: Kuppam, Andhra Pradesh

Mandates and Objectives:

• Purpose of the Portal:
  • Address and resolve grievances of the people of Kuppam efficiently.
  • Ensure accountability among government officials in grievance handling.
• Statements by the Chief Minister:
  • Andhra Pradesh Chief Minister N. Chandrababu Naidu emphasized strict action against officials who ignore complaints.
  • Reiterated the Telugu Desam Party’s (TDP) commitment to fulfilling promises to the people.
• Operational Mechanism:
  • The portal is integrated with the newly launched Jana Nayakudu Center.
  • Enables citizens to raise complaints directly for faster resolution.

Important Terms Explained:

• Grievance Redress Portal:
  • An online platform aimed at addressing public complaints and ensuring good governance through transparent mechanisms.
• Jana Nayakudu Center:
  • A physical center set up to complement the portal and facilitate in-person grievance redress.

Tabular Summary:

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11. What is the theme of Aero India 2025, scheduled from February 10-14 in Bengaluru?
A) “Innovating for Defence and Peace”
B) “Building Global Aerospace Partnerships”
C) “The Runway to a Billion Opportunities”
D) “Empowering India Through Defence Manufacturing”
E) “Aerospace Resilience and Cooperation”
Answer: C) “The Runway to a Billion Opportunities”

Event and Location:

• Event: Aero India 2025 – India’s Aerospace Innovations and Global Ties
• Date: February 10-14, 2025
• Location: Air Force Station, Yelahanka, Bengaluru

Mandates and Objectives:

• Primary Focus:
  • Showcase India’s aerospace and defence manufacturing innovations.
  • Foster international defence partnerships and collaborations.
• Key Highlights:
  • Defence Ministers’ Conclave:
    • Theme: “BRIDGE — Building Resilience through International Defence and Global Engagement.”
    • Facilitates strategic defence partnerships with friendly nations.
    • Includes bilateral meetings with defence officials and ministers.
  • CEOs’ Round-Table:
    • Brings global and Indian defence leaders together.
    • Promotes foreign OEMs’ manufacturing collaborations in India.
  • Manthan Start-up Event:
    • Focuses on showcasing India’s indigenous defence manufacturing capabilities.
    • Highlights innovation and future-ready technologies.
  • Public Days (February 13-14):
    • Features air displays and static exhibitions of advanced military platforms.

Important Terms Explained:

• OEMs (Original Equipment Manufacturers):
  • Companies that manufacture parts or equipment that may be marketed by another company.
• Defence Ministers’ Conclave Theme (BRIDGE):
  • Emphasizes strengthening defence ties globally for resilience and mutual prosperity.

Tabular Summary:

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12. What key mechanism is proposed in the Digital Personal Data Protection Rules, 2025, for age verification?
A) Universal biometrics system.
B) Manual guardian authentication.
C) Tokenisation of identity documents.
D) Mandatory school verification for minors.
E) Online consent form submissions.
Answer: C) Tokenisation of identity documents.

Event and Location:

• Event: ID tokenisation proposed under Digital Personal Data Protection Rules, 2025
• Date: January 7, 2025
• Location: New Delhi, India

Mandates and Objectives:

• Draft Rules:
  • Platforms must verify the age of users or guardians in the case of minors for age-restricted services.
  • Developed in consultation with the tech industry to balance innovation with privacy concerns.
• Role of Tokenisation:
  • Tokenisation of identity documents has been proposed to ensure minors can pass age verification securely.
  • Protects individual privacy by replacing sensitive ID details with unique, non-sensitive tokens during verification.
• Significance of the Framework:
  • Leverages India’s advanced digital infrastructure, including Aadhaar and digital payment systems.
  • Ensures compliance with privacy and data protection norms while addressing age-restricted service requirements.

Important Terms Explained:

• Tokenisation:
  • A method where sensitive data is replaced by unique tokens that retain all necessary information without exposing original details.
• Digital Personal Data Protection Rules, 2025:
  • A draft framework by the Indian government to safeguard personal data and ensure responsible digital interactions, especially for vulnerable groups like minors.
• Aadhaar:
  • A 12-digit unique identification number issued by the Indian government, widely used for identity verification.

Tabular Summary:

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13. What is the primary purpose of the ‘Bharatpol’ portal launched by Amit Shah?
A) To enhance cooperation among Indian state police departments.
B) To track fugitives within India.
C) To facilitate international assistance for Indian investigation agencies.
D) To digitize police records in India.
E) To train police officers in using advanced technology.
Answer: C) To facilitate international assistance for Indian investigation agencies.

Event and Location:

• Event: Home Minister Amit Shah launches ‘Bharatpol’ for international police assistance
• Date: January 7, 2025
• Location: Bharat Mandapam, New Delhi

Mandates and Objectives:

• Purpose of ‘Bharatpol’:
  • Developed by the Central Bureau of Investigation (CBI) to provide faster international police assistance.
  • Features a real-time interface to connect central and state agencies with Interpol for expediting investigations.
• Key Features:
  • Facilitates collaboration between Indian investigative agencies and global counterparts.
  • Promotes the use of modern technology and techniques in tracking fugitives and solving crimes.
• Significance:
  • Aims to enhance efficiency in cross-border investigations and international cooperation.
  • Supports India’s law enforcement agencies in handling complex, globalized crime scenarios.

Important Terms Explained:

• Bharatpol Portal:
  • A digital platform designed for international collaboration on criminal investigations.
  • Allows seamless communication between Indian agencies and Interpol.
• CBI (Central Bureau of Investigation):
  • India’s premier investigating agency tasked with solving high-profile and cross-border crimes.
• Interpol:
  • International Criminal Police Organization, facilitating global police cooperation for crime prevention.

Tabular Summary:

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14. What was the primary focus of India’s first coastal and wader bird census conducted in Jamnagar, Gujarat?
A) Documenting rare land birds.
B) Counting bird populations along key wetland areas.
C) Tracking bird species migrating to Europe.
D) Developing bird sanctuaries in urban regions.
E) Monitoring industrial impact on marine life.
Answer: B) Counting bird populations along key wetland areas.

Event and Location:

• Event: India’s First Coastal and Wader Bird Census in Jamnagar, Gujarat
• Date: January 3 to 5, 2025
• Location: Marine National Park and Sanctuary, Jamnagar, Gujarat

Mandates and Objectives:

• Purpose of the Census:
  • To document coastal and wader bird populations and understand their habitats.
  • To gather data on migration patterns along the Central Asian Flyway.
• Scope of Coverage:
  • Region Covered: 170 km of coastline from Okha to Navlakhi.
  • Wetland Areas Surveyed: Narara, Khijadiya, Mulvel, Poshitra, Charakala.
  • Protected and unprotected wetland zones were included.
• Participation:
  • Over 100 participants, including bird watchers, researchers, and conservation experts from across India.
  • Activities: Expert lectures, bird-counting sessions, and knowledge-sharing programs.

Significance of the Region:

• Marine National Park: India’s first designated marine park with rich biodiversity and mangrove ecosystems.
• Central Asian Flyway:
  • A vital migratory route for birds, extending from the Arctic to the Indian Ocean.
  • Supports over 300 bird species, including rare waders like the Crab Plover and Great Knot.

Conservation Efforts:

• The Gujarat government aims to inform conservation strategies by:
  • Identifying population trends and habitats of coastal birds.
  • Enhancing biodiversity preservation and sustainable management of ecosystems.

Tabular Summary:

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