Daily Current Affairs January 11

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January 11 | Daily Current Affairs 2024

Important Days – Daily Current Affairs January 11

1. When is National Human Trafficking Awareness Day observed, and what is its significance?
A) January 1
B) January 11
C) February 20
D) March 15
E) April 10
Answer: B) January 11

Observance Date:

  • National Human Trafficking Awareness Day is observed annually on January 11.

Historical Context:

  • Initiated in 2007 by the United States Senate, the day aims to highlight the ongoing issue of human trafficking, including forced labor and sexual exploitation.

Significance:

  • The day is dedicated to raising awareness about the challenges faced by trafficking victims and emphasizes the need for enhanced security measures and support for victims.

Ranking – Daily Current Affairs January 11

2. In the 2024 Henley Passport Index, how many countries jointly hold the top position for offering their citizens the most visa-free access to destinations?
A) Four
B) Five
C) Six
D) Seven
E) Eight
Answer: A) Six

Passport Index Ranking:

  • Six countries now share the top spot in the 2024 Henley Passport Index.
  • Among the top passports globally were France, Germany, Italy, Japan, Singapore, and Spain.

Global Mobility Gap:

  • The Index reflects a widening global mobility gap, with top-ranked countries offering significantly more visa-free travel options compared to those at the bottom.

India’s Progress:

  • India has improved its position 80th by jumping three spots in the ranking.
Titbits

Henley Passport Index:

Concept Originator: Dr. Christian H. Kaelin, Chairman of Henley & Partners
Purpose: Ranks passports based on the number of destinations their holders can access without a prior visa.


3. Which company briefly surpassed Apple to become the world’s most valuable company, driven by its focus on AI and amidst concerns over iPhone demand and an antitrust case against Apple?
A) Google
B) Microsoft
C) Amazon
D) Facebook
E) Tesla
Answer: B) Microsoft

Market Shift:

  • Microsoft temporarily overtook Apple as the world’s most valuable company during a trading session, amidst various challenges faced by Apple.

Apple’s Challenges:

  • Apple’s challenges included decreased demand for iPhones, a revenue decline reported by Foxconn, and an antitrust case.

Microsoft’s Advancements:

  • Microsoft gained an edge by announcing the integration of AI into its devices, including a new Copilot feature for Windows PCs.
Titbits

Microsoft:

Industry: Technology
CEO: Satya Nadella
Focus: AI integration and software development

Apple:

Industry: Technology
CEO: Tim Cook
Known For: iPhones, Macs, and other consumer electronics.


Banking and Finance – Daily Current Affairs January 11

4. Which Indian bank has recently launched the ‘Indian Bank One co-branded credit card’ in collaboration with FPL Technologies?
A) HDFC Bank
B) State Bank of India
C) Axis Bank
D) ICICI Bank
E) Indian Bank
Answer: E) Indian Bank

Card Launch:

  • Indian Bank has introduced the ‘Indian Bank One co-branded credit card’ in partnership with FPL Technologies.

Features and Platforms:

  • These cards, leveraging Visa and RuPay platforms, offer international validity and a host of digital features.

Management and Digital Control:

  • Managed by FPL Technologies, the card includes features like real-time transaction tracking and complete digital control through the OneCard mobile app.
Titbits

Indian Bank:

Headquarters: Chennai, Tamil Nadu, India
MD & CEO: Shanti Lal Jain
Established: 1907

FPL Technologies:

Industry: Financial Technology
Focus: Credit solutions and digital banking services


Business and Economy – Daily Current Affairs January 11

5. Which organizations recently entered into an MoU to offer financial inclusion services to CSR beneficiaries in rural Rajasthan?
A) India Post Payments Bank and Hindustan Zinc
B) State Bank of India and Tata Steel
C) HDFC Bank and Reliance Industries
D) ICICI Bank and Mahindra Group
E) Axis Bank and Adani Group
Answer: A) India Post Payments Bank and Hindustan Zinc

MoU Signing:

  • India Post Payments Bank (IPPB) and Hindustan Zinc Limited (HZL) signed an MoU to foster economic growth and bring financial inclusion to rural community beneficiaries under CSR programs.

Objective and Impact:

  • The collaboration aims to bridge gaps in financial services, targeting over 3.5 lakh beneficiaries including SHG women, farmers, and youth.
  • The initiative includes easy access to bank accounts, pension products, long-term savings, and investment schemes.

Empowerment and Outreach:

  • This partnership reinforces IPPB’s commitment to digital banking services and supports Hindustan Zinc’s dedication to social responsibility and sustainable community development.
Titbits

India Post Payments Bank (IPPB):

Established: Under the Department of Posts, Ministry of Communication
Launch Date: September 1, 2018
Vision: To provide accessible, affordable, and trusted banking for the common man in India

Hindustan Zinc Limited (HZL):

Parent Company: Vedanta Group
Industry: Zinc-Lead and Silver business
Commitment: Sustainable and responsible mining practices


6. At the 10th Vibrant Gujarat summit, which company signed the biggest MoU in the renewable energy sector with the Gujarat government?
A) Reliance Industries
B) Adani Green Energy
C) Tata Power Renewable Energy Ltd
D) Opera Energy Pvt Ltd
E) Grew Energy Pvt Ltd
Answer: C) Tata Power Renewable Energy Ltd

MoU Signing:

  • Tata Power Renewable Energy Ltd signed a MoU worth ₹70,000 crore with the Gujarat government for setting up renewable energy projects.

Project Scope:

  • The agreement involves setting up 10,000 MW of hybrid renewable energy projects in Gujarat.

Investment and Employment:

  • The investment spans over five years and promises to generate employment for 3,000 persons.
Titbits

Tata Power Renewable Energy Ltd:

Industry: Renewable Energy
Focus: Solar, wind, and hybrid renewable energy projects

Vibrant Gujarat Summit:

Objective: Promoting investment in Gujarat
Edition: 10th Summit


7. Which two organizations are planning to create a fund to invest in renewable energy and green projects in India?
A) World Bank and Reserve Bank of India
B) United States International Development Finance Corporation (USIDFC) and National Infrastructure Investment Fund (NIIF)
C) Asian Development Bank and State Bank of India
D) International Monetary Fund and HDFC Bank
E) European Investment Bank and Reliance Industries
Answer: B) United States International Development Finance Corporation (USIDFC) and National Infrastructure Investment Fund (NIIF)

Fund Creation:

  • USIDFC and NIIF are exploring the possibility of establishing a fund dedicated to renewable energy and green projects in India.

Financial Collaboration:

  • The proposal involves each organization contributing $500 million, with the potential to attract additional investments from other sources.
Titbits

USIDFC: 

Function: Provides finance for development projects.
CEO: Scott Nathan

NIIF:

Focus: Investment in infrastructure projects in India.
Nature: Collaborative effort between international and Indian investors.


Appointments – Daily Current Affairs January 11

8. Who has been appointed as India’s next ambassador to the World Trade Organization (WTO) in Geneva?
A) Brajendra Navnit
B) Senthil Pandian C
C) Ngozi Okonjo-Iweala
D) Amitabh Kant
E) Harsh Vardhan Shringla
Answer: B) Senthil Pandian C

Appointment Announcement:

  • Senthil Pandian C, a 2002 IAS officer of the Uttar Pradesh cadre, has been appointed as the ambassador to the WTO in Geneva.

Tenure and Background:

  • His appointment is for three years from the date of assumption of charge, succeeding Brajendra Navnit.

Current Role:

  • Pandian is presently serving as the commissioner of excise in Uttar Pradesh.

Awards – Daily Current Affairs January 11

9. Who presented the Swachh Survekshan Awards at a function organized by the Ministry of Housing and Urban Affairs in New Delhi?
A) Shri Narendra Modi
B) Smt. Droupadi Murmu
C) Shri Amit Shah
D) Smt. Nirmala Sitharaman
E) Shri Rajnath Singh
Answer: B) Smt. Droupadi Murmu

Awards Presentation:

  • The Swachh Survekshan Awards were presented by the President of India, Smt. Droupadi Murmu.

Event and Objective:

  • The function was organized by the Ministry of Housing and Urban Affairs in New Delhi.
  • The awards recognize efforts and achievements in cleanliness and sanitation.

President’s Remarks:

  • Smt. Droupadi Murmu highlighted the importance of cleanliness for economic development and women’s empowerment.
  • She emphasized sustainable waste management and the circular economy for environmental preservation.
Titbits

Smt. Droupadi Murmu:

Position: President of India
Notable Contributions: Known for her focus on social welfare, education, and tribal rights.

Ministry of Housing and Urban Affairs:

Responsibility: Overseeing housing and urban development policies in India.
Minister: Shri Hardeep Singh Puri


National Affairs – Daily Current Affairs January 11

10. Who will inaugurate the 27th National Youth Festival in Nashik, Maharashtra, and address a large gathering of youth on National Youth Day?
A) Shri Narendra Modi
B) Smt. Nirmala Sitharaman
C) Shri Rajnath Singh
D) Shri Amit Shah
E) Shri Anurag Singh Thakur
Answer: A) Shri Narendra Modi

Event and Location:

  • The 27th National Youth Festival will be inaugurated in Nashik, Maharashtra.

Distinguished Guest:

  • Prime Minister Shri Narendra Modi will address about one lakh youth participants on the occasion of National Youth Day.

Significance:

  • The festival coincides with the 161st anniversary of Swami Vivekananda and will showcase the power and potential of Indian youth.
Titbits

Shri Narendra Modi:

Position: Prime Minister of India
Known For: Focusing on youth empowerment and national development.

National Youth Day:

Commemorates: The birth anniversary of Swami Vivekananda
Objective: Celebrating and empowering the youth of India.


11. Which two web portals were launched by the Union Minister for Housing and Urban Affairs for monitoring the PM SVANidhi mission and addressing grievances of street vendors?
A) PM SVANidhi Mission Monitoring Portal and Swachh Bharat Portal
B) PAiSA Dashboard and PM SVANidhi Mission Monitoring Portal
C) Atmanirbhar Bharat Portal and Digital India Platform
D) Urban Transport Portal and Smart Cities Dashboard
E) Street Vendor Digital Platform and Urban Development Portal
Answer: B) PAiSA Dashboard and PM SVANidhi Mission Monitoring Portal

Portal Launch:

  • The Union Minister for Housing and Urban Affairs launched the PAiSA Dashboard and the PM SVANidhi Mission Monitoring Portal.

Seminar and Purpose:

  • A seminar on ‘Grievance Redressal Committee (GRC) for Street Vendors’ was organized, aiming to strengthen the GRCs under the Street Vendors Act 2014.

Focus on Street Vendors:

  • The seminar and portals focus on improving the situation of street vendors, safeguarding their rights, and addressing their challenges.
Titbits

Ministry of Housing and Urban Affairs:

Responsibility: Overseeing housing, urban development, and related areas in India.
Minister: Hardeep S. Puri (as of the last update)

PM SVANidhi Scheme:

Launched: June 01, 2020
Objective: Supporting street vendors affected by the Covid-19 pandemic.


12. Which state government has decided to launch the Shri Ramlala Darshan (Ayodhya Dham) Scheme, offering pilgrimages for residents to visit Ayodhya?
A) Uttar Pradesh
B) Madhya Pradesh
C) Bihar
D) Chhattisgarh
E) Rajasthan
Answer: D) Chhattisgarh

Scheme Announcement:

  • The Chhattisgarh government announced the Shri Ramlala Darshan (Ayodhya Dham) Scheme for state residents to visit Ayodhya.

Scheme Details:

  • The scheme will be implemented by the Chhattisgarh Tourism Board, targeting around 20,000 beneficiaries annually.

Eligibility and Phases:

  • Eligible residents are those between 18 to 75 years, found fit by the District Medical Board. Initially, the scheme will focus on individuals above 55 years.

Travel and Arrangements:

  • The journey will cover approximately 900 kilometers, with arrangements for travel, security, and accommodation being made in collaboration with IRCTC.


Over All Review

Important Days

  • January 11 is observed as National Human Trafficking Awareness Day.

Ranking 

  • In the 2024 Henley Passport Index, Six countries jointly hold the top position for offering their citizens the most visa-free access to destinations.
  • Microsoft surpassed Apple to become the world’s most valuable company, driven by its focus on AI and amidst concerns over iPhone demand and an antitrust case against Apple.

Banking and Finance 

  • Indian bank has recently launched the ‘Indian Bank One co-branded credit card’ in collaboration with FPL Technologies.

Business And Economy

  • India Post Payments Bank and Hindustan Zinc entered into an MoU to offer financial inclusion services to CSR beneficiaries in rural Rajasthan.
  • At the 10th Vibrant Gujarat summit, Tata Power Renewable Energy Ltd
    signed the biggest MoU in the renewable energy sector with the Gujarat government. 

     

  • USIDFC and NIIF two organizations are planning to create a fund to invest in renewable energy and green projects in India.

Appointments

  • Senthil Pandian C has been appointed as India’s next ambassador to the World Trade Organization (WTO) in Geneva.

Awards 

  • Smt. Droupadi Murmu presented the Swachh Survekshan Awards at a function organized by the Ministry of Housing and Urban Affairs in New Delhi.

National Affairs

  • Shri Narendra Modi will inaugurate the 27th National Youth Festival in Nashik, Maharashtra, and address a large gathering of youth on National Youth Day. 
  • PAiSA Dashboard and PM SVANidhi Mission Monitoring Portal two web portals were launched by the Union Minister for Housing and Urban Affairs for monitoring the PM SVANidhi mission and addressing grievances of street vendors. 
  • Chhattisgarh state government has decided to launch the Shri Ramlala Darshan (Ayodhya Dham) Scheme, offering pilgrimages for residents to visit Ayodhya.

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