Daily Current Affairs January 11 & 12

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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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January 11 & 12 | Daily Current Affairs 2024

Important Days – Daily Current Affairs January 11 & 12

1. What is the theme of National Human Trafficking Awareness Day 2025?
A) “Uniting for Justice: Ending Exploitation Together”
B) “Connecting the Dots. Strengthening Communities, Preventing Trafficking”
C) “Raising Voices Against Trafficking: A Call for Change”
D) “Breaking Chains: Freedom for All Victims”
E) “Empowering the Vulnerable: A Global Fight Against Trafficking”
Answer: B) “Connecting the Dots. Strengthening Communities, Preventing Trafficking”

Event and Location:

• Event: National Human Trafficking Awareness Day 2025
• Date: January 11, 2025

Mandates and Objectives:

• Purpose of the Day:
  • Raise awareness about human trafficking and its impact globally.
  • Advocate for the rights of victims and promote efforts to combat trafficking.
• Theme for 2025:
  • “Connecting the Dots. Strengthening Communities, Preventing Trafficking”, emphasizing community collaboration to combat trafficking effectively.
• Significance:
  • Observed annually on January 11, marking a day to educate, engage, and advocate for freedom from modern slavery.
  • Highlights the need for vigilance, education, and action against trafficking.
• Global Statistics:
  • As per the United Nations Office on Drugs and Crime (UNODC), approximately 225,000 people fall victim to trafficking each year globally.
  • 30 million people worldwide are estimated to be trapped in modern slavery.
• India’s Context:
  • Ministry of Home Affairs data: 10,655 human trafficking cases reported in India (2018–2022).
  • Victims exploited in sectors like migrant labor, prostitution, and organ trafficking.
• Historical Background:
  • January declared National Slavery and Human Trafficking Prevention Month in 2010 by President Barack Obama.
  • National Human Trafficking Awareness Day evolved as a key observance during this month.

Tabular Summary:

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2. What is the primary focus of National Youth Day celebrated on January 12?
A) Commemorating India’s independence.
B) Honoring Swami Vivekananda’s teachings and inspiring youth empowerment.
C) Recognizing outstanding contributions by global leaders.
D) Promoting international sports and cultural exchanges.
E) Celebrating achievements in digital technology.
Answer: B) Honoring Swami Vivekananda’s teachings and inspiring youth empowerment.

Event and Location:

• Event: National Youth Day 2025
• Date: January 12, 2025

Mandates and Objectives:

• Purpose:
  • Celebrated to honor Swami Vivekananda’s birth anniversary and his vision for empowering youth.
  • Aims to promote self-reliance, discipline, and social responsibility among the younger generation.
• Historical Background:
  • Declared National Youth Day in 1985 by the Indian government to inspire youth with Vivekananda’s ideals.
• Focus Areas:
  • Encourage youth to contribute to nation-building.
  • Highlight values of self-confidence, empowerment, and community service.
• Key Initiatives in Haryana:
  • Announcements by Haryana CM Nayab Singh Saini included:
    • 250 rural gyms to promote fitness.
    • Inter Youth Club Games added to the state sports calendar.
    • Establishment of Industrial Training Institutes (ITIs) in all blocks, with 20 new facilities planned.
    • Language certification costs covered for courses in foreign languages.
    • Skill development in emerging technologies like AI and blockchain through Hartron Advanced Skill Centres.
    • Anti-drug awareness campaign launched.

Tabular Summary:

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Banking and Finance – Daily Current Affairs January 11 & 12

3. What does the surge in e-way bill generation in December 2024 indicate?
A) Decrease in industrial activity.
B) Higher economic activity and transportation of goods.
C) Slower growth in GST collections.
D) A drop in manufacturing PMI.
E) Reduction in logistics demand.
Answer: B) Higher economic activity and transportation of goods.

Event and Location:

• Event: Surge in E-Way Bill Generation
• Date: December 2024
• Location: Nationwide

Mandates and Objectives:

• Record Generation:
  • 112 million e-way bills were generated in December 2024, marking the second-highest level in two years.
  • This represents a 17.6% year-on-year increase and a 9.3% rise from November 2024.
• Economic Indicators:
  • E-way bills reflect demand and supply trends in the economy.
  • December’s surge signals higher manufacturing activity, trade, and transportation movements.
• GST Impact:
  • The increase in e-way bills is expected to positively impact GST collections for January 2025 (pertaining to December transactions).
• Comparison with PMI:
  • Despite the rise in e-way bills, the Purchasing Managers’ Index (PMI) dropped to a 12-month low of 56.4 in December, signaling slower manufacturing growth.
• Seasonal and Quarter-End Trends:
  • E-way bills tend to peak during the festive season (October-November).
  • December’s rise is attributed to quarter-end sales and transportation activities.

Tabular Summary:

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Business and Economy – Daily Current Affairs January 11 & 12

4. What is the export target India aims to achieve for the F&B, agriculture, and marine sectors within five years?
A) $50 billion
B) $100 billion
C) $75 billion
D) $200 billion
E) $150 billion
Answer: B) $100 billion

Event and Location:

• Event: India targets $100 billion F&B exports
• Date: January 11, 2025
• Location: Indusfood 2025, New Delhi

Mandates and Objectives:

• Export Target:
  • India aims to achieve $100 billion in exports from the Food & Beverage (F&B), agriculture, and marine sectors by 2030.
  • Achievable through an annual growth rate of 14-15%.
• Policy Support:
  • 100% Foreign Direct Investment (FDI) allowed in the F&B sector.
  • Simplified work permits for foreign investors and workers.
• Innovation and Sustainability:
  • Focus on organic farming, with simplified certification processes to boost exports.
  • Investment in packaging, hygiene, and high-value nutritional products.
• Infrastructure Development:
  • Expansion of food testing laboratories across India to ensure high-quality standards.
  • Encouragement of traceability and sanctity in food certification.
• Global Outreach:
  • Pre-packaged foods like millets, pickles, and spices have gained global recognition.
  • Platforms like Indusfood connect Indian exporters with global importers.

Important Terms Explained:

• Indusfood:
  • A premier international trade fair launched in 2017 by the Trade Promotion Council of India.
  • Focuses on showcasing Indian food products to global importers.
• APEDA:
  • Agricultural and Processed Food Products Export Development Authority, responsible for promoting Indian agricultural exports.
• MPEDA:
  • Marine Products Export Development Authority, focusing on marine and seafood exports.

Tabular Summary:

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5. What was the primary driver behind India’s 5.2% factory output growth in November 2024?
A) Increased mining activity.
B) Favorable base effect and festive demand.
C) Surge in electricity output.
D) Higher exports of consumer durables.
E) New government industrial policies.
Answer: B) Favorable base effect and festive demand.

Event and Location:

• Event: India’s Factory Output Growth Hits 6-Month High of 5.2%
• Date: November 2024
• Location: Nationwide

Mandates and Objectives:

• Overall Growth:
  • 5.2% growth in factory output (IIP) in November 2024, the highest since May 2024 (6.3%).
  • Growth driven by favorable base effects and festive season demand.
  • April-November 2024 growth at 4.1%, down from 6.5% in the same period last year.
• Sectoral Performance:
  • Manufacturing:
    • Grew 5.8%, the highest in 8 months, fueled by festive season demand.
  • Mining:
    • Recorded 1.9% growth, up from 0.9% in October but lower than 7.0% in November 2023.
  • Electricity:
    • Increased output by 4.4%, improving from 2.0% in October but less than 5.8% in November 2023.
• Use-based Classification:
  • Capital Goods:
    • Surged 9.0%, indicating strong investment sentiment.
  • Consumer Durables:
    • Grew 13.1%, driven by festive demand, marking a year-high.
  • Consumer Non-durables:
    • Registered 0.6% growth, reflecting a slowdown compared to 2.6% in October 2024.
• Economic Outlook:
  • Industrial growth since September 2024 suggests potential recovery, though festive-driven spikes in consumer durables may not sustain.
  • Economists caution against viewing this growth as a long-term trend without further policy support.

Tabular Summary:

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International Affairs – Daily Current Affairs January 11 & 12

6. What is the primary focus of the AI Action Summit in Paris?
A) Strengthening trade relations between India and France.
B) Showcasing advancements in AI technology by private companies.
C) Discussing innovation, governance, trust, and misuse of AI globally.
D) Hosting bilateral talks between India and France on digital public infrastructure.
E) Promoting AI investments across European nations.
Answer: C) Discussing innovation, governance, trust, and misuse of AI globally.

Event and Location:

• Event: AI Action Summit 2025
• Date: February 10-11, 2025
• Location: Paris, France

Mandates and Objectives:

• Summit Overview:
  • Hosted by French President Emmanuel Macron and attended by global leaders, including Prime Minister Narendra Modi.
  • The summit will focus on five key themes:
    • Public Interest AI
    • The Future of Work
    • Innovation and Culture
    • Trust in AI
    • Global AI Governance
  • Special emphasis on combating misinformation and addressing the misuse of AI.
• India’s Role:
  • India invited as a “very important country”, recognized for its potential to impact AI’s application in governance and public welfare.
  • Highlights India’s growing prominence in global technology dialogues.
• Global Collaboration:
  • The summit aims to position France and Europe as leaders in AI governance.
  • Includes key players like the US, China, Gulf nations, and India.
• Special Activities:
  • Formal dinner on February 10, hosted by President Macron for heads of state and VIPs.
  • A dedicated leaders’ session exclusively for heads of state on February 11.

Tabular Summary:

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National Affairs – Daily Current Affairs January 11 & 12

7. What is the primary focus of the ₹50,000 crore investment in India’s national waterways?
A) To promote tourism and hospitality sectors.
B) To reduce the cost of road transportation.
C) To develop new waterways, green shipping, and expand water metro projects.
D) To establish a network of airstrips along rivers.
E) To modernize coastal railways for trade.
Answer: C) To develop new waterways, green shipping, and expand water metro projects.

Event and Location:

• Event: ₹50,000 crore investment in national waterways
• Date: January 11, 2025
• Location: Kaziranga, Assam

Mandates and Objectives:

• New Waterways and Green Shipping:
  • Investment will introduce 1,000 green vessels for eco-friendly transportation.
  • Development of new national waterways to boost waterborne trade.
• Expansion of Water Metro Projects:
  • Kochi’s Water Metro project model will be extended to 15 cities, including Guwahati.
• Infrastructure Development:
  • Construction of floating steel jetties at key locations like Godavari River (National Waterway 4).
• Safety and Technology:
  • Launch of the National River Traffic & Navigation System (NRT&NS) for vessel safety.
• Socio-economic Development:
  • Introduction of the Riverine Community Development Scheme to benefit coastal communities.

Important Terms Explained:

• National Waterways Act, 2016: Recognized 111 waterways as national assets for improving trade and transport.
• Riverine Community Development Scheme: Focused on trade, tourism, skill training, and socio-economic improvements.
• National River Traffic & Navigation System: Ensures safe, seamless inland vessel movement.

Tabular Summary:

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8. What is the primary significance of the Z-Morh Tunnel?
A) To enhance connectivity between Delhi and Leh.
B) To replace Zojila Tunnel for Ladakh access.
C) To provide year-round connectivity to Sonamarg and Ladakh.
D) To increase highway toll revenue in Kashmir.
E) To serve as a tourist attraction near Thajiwas Glacier.
Answer: C) To provide year-round connectivity to Sonamarg and Ladakh.

Event and Location:

• Event: Z-Morh Tunnel Inauguration
• Date: January 13, 2025
• Location: Ganderbal district, Jammu & Kashmir

Mandates and Objectives:

• Year-Round Connectivity:
  • Ensures all-weather access to Ladakh, bypassing landslide and avalanche-prone zones.
  • Connects Gagangir with Sonamarg along the Srinagar-Leh National Highway.
• Boost to Tourism:
  • Opens Sonamarg for winter tourism, transforming it into a potential ski destination.
• Strategic and Military Importance:
  • Strengthens logistics and troop movement to Ladakh, a critical region for India’s defence.
• Infrastructure and Design:
  • A 6.5 km-long, two-lane bi-directional tunnel with an escape passage for emergencies.
  • Equipped with an intelligent traffic management system for real-time updates and enhanced safety.

Important Terms Explained:

• Z-Morh Tunnel:
  • Named after the Z-shaped road previously existing in the area.
  • Built under the Thajiwas Glacier, ensuring access even in harsh winters.
• Zojila Tunnel:
  • To be Asia’s longest tunnel at 13.14 km, connecting Sonamarg with Kargil, expected by 2026.
• NHIDCL:
  • The National Highways and Infrastructure Development Corporation Limited, responsible for executing the project.

Tabular Summary:

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9. What is the primary objective of the National River Traffic & Navigation System (NRT&NS)?
A) To promote international maritime trade.
B) To enhance safety and efficiency of inland waterway transport.
C) To increase the number of sea cruise terminals in India.
D) To build luxury river cruise ships.
E) To connect all rivers in India through canals.
Answer: B) To enhance safety and efficiency of inland waterway transport.

Event and Location:

• Event: Launch of National River Traffic & Navigation System
• Date: January 11, 2025
• Location: Kaziranga, Assam

Mandates and Objectives:

• National River Traffic & Navigation System (NRT&NS):
  • Aimed at improving the safety and efficiency of inland waterway transport.
  • Ensures smooth vessel movement and reduces risks through real-time monitoring.
• Investment Announcements:
  • ₹50,000 crore allocated for waterway infrastructure over five years.
  • Additional ₹1,400 crore announced for new initiatives across 21 Inland Waterway States.
• Riverine Community Development Scheme:
  • Focuses on infrastructure development, tourism, and skill training for coastal communities.
  • Aims to enhance socio-economic conditions along National Waterways.
• Infrastructure and Industry Growth:
  • Plans for shipbuilding and repair facilities to boost inland waterway trade.
  • Cargo movement via waterways has seen a 7% growth from April-November 2024.
• Cruise Bharat Mission:
  • Promotes cruise tourism with plans for 10 sea cruise terminals and 100 river cruise terminals.
  • Targets creating five marinas over the next five years.
• Regional Focus:
  • Andhra Pradesh Initiatives:
    • Floating steel jetties on the Godavari River (NW 4).
    • Feasibility study and Detailed Project Report (DPR) for the Penna River (NW 79).

Tabular Summary:

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10. What is the purpose of the ₹1.73 trillion tax devolution released by the Centre to states?
A) To increase central government savings.
B) To reduce state fiscal deficits.
C) To boost states’ capital spending and welfare projects.
D) To promote exports and international trade.
E) To fund central government welfare schemes directly.
Answer: C) To boost states’ capital spending and welfare projects.

Event and Location:

• Event: ₹1.73 Trillion Tax Devolution Released to States
• Date: January 10, 2025
• Location: Nationwide

Mandates and Objectives:

• Higher Allocation:
  • The Union government released ₹1.73 trillion to states, almost double the December 2024 allocation of ₹89,086 crore.
  • This allocation aims to accelerate capital expenditures and fund development and welfare projects.
• Devolution Mechanism:
  • 41% of central taxes is allocated to states in instalments as per the 15th Finance Commission (2021-26).
  • Distribution is carried out in 14 instalments annually—11 monthly and 3 in March.
• Key States Benefiting:
  • States like Uttar Pradesh (₹31,039.84 crore), Bihar (₹17,403.36 crore), and Madhya Pradesh (₹13,582.86 crore) received the largest allocations.
• Budgetary Provisions:
  • The Union Budget 2024-25 earmarked ₹12.2 trillion for state transfers, reflecting a 10.4% increase over the revised estimates of the previous fiscal year.
• Finance Commission Mandate:
  • The 15th Finance Commission reduced the state share from 42% (2015-20) to 41% (2021-26) due to the creation of Union Territories Jammu & Kashmir and Ladakh.
• Impact:
  • Enhanced state funding will stimulate economic growth, improve infrastructure, and support welfare initiatives.
  • Potential relaxation of norms for interest-free capital expenditure loans is expected to improve capex utilization.

Tabular Summary:

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11. What is the primary aim of the Viksit Bharat Young Leaders Dialogue 2025?
A) To celebrate India’s independence.
B) To provide a platform for young leaders to share their vision for a developed India.
C) To promote traditional cultural programs and exhibitions.
D) To award young entrepreneurs for their contributions to India’s economy.
E) To host international youth conferences on global issues.
Answer: B) To provide a platform for young leaders to share their vision for a developed India.

Event and Location:

• Event: Viksit Bharat Young Leaders Dialogue 2025
• Date: January 12, 2025
• Location: Bharat Mandapam, New Delhi

Mandates and Objectives:

• Youth Engagement:
  • Organized on National Youth Day to commemorate Swami Vivekananda’s birth anniversary.
  • Over 3,000 young leaders from 30 lakh applicants selected through a merit-based multi-level process.
• Vision for Viksit Bharat:
  • A platform for youth to present innovative solutions for India’s challenges in ten thematic areas, including technology, women empowerment, agriculture, sustainability, and manufacturing.
  • Young leaders will make 10 presentations to Prime Minister Narendra Modi.
• Interactive Sessions:
  • PM Modi to engage directly with youth during a lunch session, fostering dialogue and collaboration.
  • Mentors and domain experts like Anand Mahindra, Kalpana Saroj, and Amitabh Kant guided discussions and presentations.
• Cultural Programs:
  • “Colours of Viksit Bharat” showcased India’s cultural diversity and heritage.
  • Youth anthem launched to inspire unity and progress.

Highlights of Selection Process:

• Stage 1: Viksit Bharat Quiz (12 languages, 30 lakh participants).
• Stage 2: Essay round (10 themes, over 2 lakh essays submitted).
• Stage 3: State Rounds (top participants from each state advanced to national-level event).

Tabular Summary:

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Over All Review

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