Daily Current Affairs January 15

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January 15 | Daily Current Affairs 2024

Important Days – Daily Current Affairs January 15

1. On which occasion did PM Narendra Modi pay tribute to the Tamil philosopher Thiruvalluvar in 2025, emphasizing the significance of the Tirukkural?
A) Pongal Festival
B) Republic Day
C) Tamil New Year
D) Thiruvalluvar Day
E) Independence Day
Answer: D) Thiruvalluvar Day

Event and Location:

• Event: Tribute to Thiruvalluvar on Thiruvalluvar Day
• Date, Location: January 15, 2025, Tamil Nadu and Puducherry

Mandates and Objectives:

• Purpose:
  • To honor Thiruvalluvar, a celebrated Tamil poet and philosopher.
  • To highlight the enduring value of the Tirukkural, a guide on ethics, governance, and love.
• PM Modi’s Message:
  • Thiruvalluvar’s teachings emphasize righteousness, compassion, and justice.
  • The Tirukkural serves as a timeless beacon of inspiration.
  • A commitment to fulfilling Thiruvalluvar’s vision for society.

Important Terms Explained:

• Thiruvalluvar: A revered Tamil thinker known for the Tirukkural.
• Tirukkural: A collection of 1,330 couplets divided into three themes: virtue, wealth, and love.
• Thiruvalluvar Day:
  • First observed in 1935 to promote Tamil pride.
  • Celebrated as part of the Pongal festival in Tamil Nadu and Puducherry.

Tabular Summary:

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2. When was the Startup India initiative launched, and how many DPIIT-recognised startups existed as of January 15, 2025?
A) 2014, 2.04 lakh
B) 2015, 1.47 lakh
C) 2016, 1.59 lakh
D) 2017, 1.50 lakh
E) 2018, 1.69 lakh
Answer: C) 2016, 1.59 lakh

Event and Location:

• Event: Nine Years of Startup India Celebrations
• Date, Location: January 16, 2025, Nationwide

Mandates and Objectives:

• Purpose of Startup India:
  • Launched in 2016 to promote innovation and nurture startups in India.
  • Marked January 16 as National Startup Day to celebrate entrepreneurial achievements.
• Achievements:
  • India became the 3rd-largest startup ecosystem globally with over 1.59 lakh DPIIT-recognised startups.
  • Recognised startups have created 16.67 lakh jobs, highlighting their significant role in employment generation.
  • Startups include 73,151 with at least one woman director, reflecting inclusivity in entrepreneurship.

Important Terms Explained:

• DPIIT (Department for Promotion of Industry and Internal Trade):
  • A government department responsible for promoting and regulating trade and commerce in India.
• Startup India Fund of Funds (FFS):
  • ₹10,000 crore fund to assist startups through SEBI-registered AIFs.
• Startup India Seed Fund Scheme (SISFS):
  • ₹945 crore scheme for early-stage startup funding, launched in 2021.
• BHASKAR Platform:
  • Launched in September 2024 to connect startups, investors, and mentors.
  • Offers a unified digital space for India’s entrepreneurial ecosystem.

Tabular Summary:

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3. What occasion was celebrated as Penny Cuick Pongal in Palarpatti village, Theni district, in January 2025?
A) 200th anniversary of the Mullaperiyar Dam
B) 184th birth anniversary of Col. John Pennycuick
C) Festival of Pongal dedicated to local deities
D) Inauguration of a new irrigation project
E) Harvest festival for a bountiful yield
Answer: B) 184th birth anniversary of Col. John Pennycuick

Event and Location:

• Event: Celebration of Col. John Pennycuick’s 184th Birth Anniversary
• Date, Location: January 15, 2025, Palarpatti village, Theni district, Tamil Nadu

Mandates and Objectives:

• Occasion:
  • Farmers and villagers celebrated the 184th birth anniversary of Colonel John Pennycuick, the architect of the Mullaperiyar Dam.
  • Observed as Penny Cuick Pongal, a special festival to honor his contributions.
• Significance of Pongal Celebration:
  • Pongal is a thanksgiving festival where farmers express gratitude to nature for a bountiful harvest.
  • Special pujas were performed for village deities during the celebrations.

Important Terms Explained:

• Col. John Pennycuick:
  • A British engineer known for constructing the Mullaperiyar Dam in the late 19th century, enabling irrigation in Tamil Nadu’s southern districts.
  • Revered by farmers in Tamil Nadu for his dedication and role in improving agricultural productivity.
• Mullaperiyar Dam:
  • Built on the Periyar River, it diverts water to Tamil Nadu for irrigation and drinking purposes.

Tabular Summary:

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Sports – Daily Current Affairs January 15

4. Who played a pivotal role in Shrachi Rarh Bengal Tigers’ 5-3 win over UP Rudras in the Hockey India League match?
A) Gauthier Boccard
B) Jugraj Singh
C) Hardik Singh
D) Sam Ward
E) Abhishek
Answer: B) Jugraj Singh

Event and Location:

• Event: Hockey India League (HIL) Match – Tigers vs Rudras
• Date, Location: January 15, 2025, Birsa Munda Hockey Stadium, Rourkela

Mandates and Objectives:

• Outcome of the Match:
  • Shrachi Rarh Bengal Tigers defeated UP Rudras 5-3 to claim their fourth win, ending a two-match losing streak.
  • Elevated the Tigers to the second spot in the league standings.
• Key Contributors:
  • Jugraj Singh: Scored two critical goals through drag-flicks, helping the Tigers dominate the match.
  • Gauthier Boccard: Scored the first goal of the match with a remarkable individual effort.
  • Sukhjeet Singh: Scored the third goal and assisted Abhishek for the fifth.
  • Abhishek: Scored Tigers’ final goal off a pass from Sukhjeet Singh.
  • Hardik Singh and Sam Ward (Rudras): Scored goals late in the game to reduce the margin.

Highlights of the Match:

• Tigers dominated possession and scored three goals in the first quarter.
• Controversy arose when Rudras’ claim of a stick check was rejected by the video umpire, resulting in a green card for Floris Wortelboer.
• Jugraj’s second drag-flick extended the lead to 4-0, showcasing his expertise.
• Rudras attempted a comeback with goals from Hardik Singh (penalty stroke) and Sam Ward (penalty corners), but the Tigers held on for a convincing win.

Tabular Summary:

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Business and Economy – Daily Current Affairs January 15

5. What is the main focus of the Tata Group and IISc’s collaboration to establish the Tata IISc Medical School?
A) Expanding Tata’s international operations
B) Providing affordable healthcare to rural India
C) Developing clinical research and training models for India
D) Setting up hospitals in Bengaluru for cancer treatment
E) Offering financial aid to medical students
Answer: C) Developing clinical research and training models for India

Event and Location:

• Event: Tata Group and IISc Establish Tata IISc Medical School
• Date, Location: January 15, 2025, Bengaluru

Mandates and Objectives:

• Focus Areas:
  • To establish the Tata IISc Medical School with a ₹500 crore investment.
  • To develop clinical research and training models for India.
  • Global collaboration with medical schools to enhance student expertise.
• Academic Offerings:
  • Specializations in oncology, cardiology, neurology, nephrology, and public health.
  • Integrated MD-PhD and dual degree programs to train physician-scientists and medical technologists.

Important Terms Explained:

• Integrated MD-PhD Program: A dual degree program combining medical and research training, aimed at producing physician-scientists.
• IISc (Indian Institute of Science): A premier research institute in India, known for advancing education in science and technology.

Tabular Summary:

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6. What was HDFC Life’s consolidated profit after tax (PAT) for the third quarter of FY25?
A) ₹365 crore
B) ₹192 crore
C) ₹415 crore
D) ₹11,370 crore
E) ₹1,326 crore
Answer: C) ₹415 crore

Event and Location:

• Event: HDFC Life Announces Q3 FY25 Results
• Date, Location: January 15, 2025, Hyderabad

Mandates and Objectives:

• Q3 FY25 Highlights:
  • Consolidated Profit After Tax (PAT): Increased 14% YoY to ₹414.94 crore (₹365.06 crore in Q3 FY24).
  • Total Income: Declined 37% to ₹16,914.07 crore (₹26,695.93 crore in Q3 FY24), largely due to a slump in income from investments.
  • Income from Investments: Dropped sharply to ₹192.09 crore (₹11,369.81 crore).
• Other Financial Metrics:
  • Solvency Ratio: Declined to 188% from 190% (still above the regulatory requirement of 150%).
  • Assets Under Management (AUM): Grew 18% YoY to ₹3.29 lakh crore.
  • Value of New Business (VNB): Increased 14% to ₹2,586 crore in 9MFY25.
• Key Growth Drivers:
  • 22% growth in individual Weighted Received Premium (WRP), outpacing the industry’s 14% growth.
  • Retail protection Annual Premium Equivalent (APE) grew 28% over nine months.
  • 15% increase in the number of policies issued, compared to the private sector’s 9% growth.

Important Terms Explained:

• Profit After Tax (PAT): The net profit of a company after deducting all taxes.
• Solvency Ratio: Measures an insurance company’s ability to meet long-term financial obligations.
• Assets Under Management (AUM): Total market value of assets managed by a financial entity.
• Value of New Business (VNB): Measures the profitability of new business written by an insurer in a period.
• WRP (Weighted Received Premium): Reflects premium income from new policies, weighted by premium-paying term.

Tabular Summary:

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7. What was India’s merchandise trade deficit in December 2024, and how did it compare to November’s record high?
A) $21.9 billion, higher than November
B) $38 billion, unchanged from November
C) $21.9 billion, lower than November
D) $31.8 billion, higher than December 2023
E) $4.7 billion, the same as December 2023
Answer: C) $21.9 billion, lower than November

Event and Location:

• Event: December 2024 Trade Deficit and Export Performance
• Date, Location: January 15, 2025, New Delhi

Mandates and Objectives:

• Merchandise Trade Deficit:
  • December 2024 Deficit: $21.9 billion (a three-month low).
  • November 2024 Deficit: $31.8 billion, representing a sharp decline of $9.9 billion in December.
• Export and Import Performance:
  • Exports: Fell 1% YoY to over $38 billion in December.
  • Imports: Increased 4.9% YoY to nearly $60 billion.
  • April–December 2024 exports: $321.7 billion (1.6% YoY growth).
  • April–December 2024 imports: $532.5 billion (5.15% YoY growth).
• Gold and Petroleum Impact:
  • Gold imports fell to $4.7 billion in December from November’s adjusted $9.9 billion.
  • Petroleum product exports dropped 28.6% YoY, reflecting declining crude prices.

Key Insights from Officials and Exporters:

• Resilience: Non-petroleum exports rose 5.05% in December and 7.05% YoY during April–December 2024.
• Challenges:
  • Exporters faced volatile commodity prices, currency fluctuations, and logistical hurdles in key markets like Europe and Africa.
  • FIEO emphasized the need for Union Budget measures to boost manufacturing, resolve trade finance issues, and support MSMEs.

Important Terms Explained:

• Merchandise Trade Deficit: The shortfall when a country’s imports exceed its exports.
• Interest Equalisation Scheme: Provides financial support to exporters by reducing the cost of pre-and post-shipment credit.
• Commonwealth of Independent States (CIS): A regional organization of former Soviet Republics.

Tabular Summary:

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Appointments – Daily Current Affairs January 15

8. Who has been appointed as the Chief Justice of the Telangana High Court in January 2025?
A) Justice Alok Aradhe
B) Justice Ashutosh Kumar
C) Justice Sujoy Paul
D) Justice Devendra Kumar Upadhyay
E) Justice Krishnan Vinod Chandran
Answer: C) Justice Sujoy Paul

Event and Location:

• Event: Appointment of Justice Sujoy Paul as Telangana High Court Chief Justice
• Date, Location: January 14, 2025, Telangana

Mandates and Objectives:

• Reason for Appointment:
  • Justice Sujoy Paul, a senior judge of the Telangana High Court, has been appointed as the Chief Justice following the transfer of Justice Alok Aradhe to the Bombay High Court.
• Career Highlights of Justice Sujoy Paul:
  • Born on June 21, 1964.
  • Education: B.Com, M.A., and LL.B from Rani Durgavati University, Jabalpur.
  • Enrolled in the Madhya Pradesh Bar Council in 1990 and practiced law for 21 years.
  • Appointed as an Additional Judge in the Madhya Pradesh High Court on May 27, 2011, and became a permanent judge on April 14, 2014.
  • Transferred to the Telangana High Court on March 21, 2024, at his own request to maintain judicial integrity.
• Notable Achievements:
  • Upheld professional ethics by requesting a transfer to Telangana High Court due to his son practicing as an advocate in Madhya Pradesh High Court.
  • His appointment reflects transparency and professionalism in judicial processes.

Important Terms Explained:

• Supreme Court Collegium: A body of senior judges responsible for recommending appointments and transfers of judges in India’s higher judiciary.
• Chief Justice Role: The administrative head of a High Court responsible for judicial and administrative functions.

Tabular Summary:

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Awards – Daily Current Affairs January 15

9. Who was conferred with the Honorary Citizen Award by Singapore in 2025 for strengthening Singapore-India relations?
A) N. Chandrasekaran
B) Tarun Das
C) Tharman Shanmugaratnam
D) Ratan Tata
E) K. Krithivasan
Answer: B) Tarun Das

Event and Location:

• Event: Tarun Das Conferred Honorary Citizen Award by Singapore
• Date, Location: January 15, 2025, New Delhi

Mandates and Objectives:

• Purpose of the Honor:
  • Recognizing Tarun Das, former Director General of the Confederation of Indian Industry (CII), for his significant contributions to strengthening Singapore-India relations over several decades.
• Award Details:
  • The Honorary Citizen Award is Singapore’s highest recognition for non-Singaporeans, given for contributions to the country’s development.
  • It acknowledges excellence in business, science, education, health, arts, tourism, community services, and other fields.
• Contributions of Tarun Das:
  • Advocated for stronger Singapore-India ties.
  • Led Indian industrialist delegations to Singapore under India’s “Look East” policy in 1993.
  • Spearheaded initiatives such as CII Core Group visits and the India-Singapore

Strategic Dialogue.

• Facilitated robust economic and people-to-people connections between the two nations.
  Important Terms Explained:
• CII (Confederation of Indian Industry): A premier industry association in India, working to promote growth and economic progress.
• Look East Policy: An Indian foreign policy initiative aimed at strengthening ties with Southeast Asian nations.

Tabular Summary:

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10. Who received the Kakkad Karanappadu Fellowship from Kerala Kalamandalam for the year 2023?
A) Kalamandalam K.G. Vasudevan
B) Kalamandalam Vilasini
C) Kottakkal Madhu
D) Sadanam Vasudevan
E) Kalamandalam Adhithyan
Answer: D) Sadanam Vasudevan

Event and Location:

• Event: Kerala Kalamandalam Declares Fellowships and Awards
• Date, Location: January 15, 2025, Thrissur, Kerala

Mandates and Objectives:

• Purpose:
  • To honor distinguished artists and emerging talents in the field of traditional performing arts.
• Fellowships and Awards Announced:
  • Kakkad Karanappadu Fellowship: Awarded to Sadanam Vasudevan, a renowned chenda artist.
  • Thakazhi Kunchukurup Fellowship: Conferred on Kalamandalam K.G. Vasudevan, a kathakali maestro.
  • Special Jury Mention: Given to Kalamandalam Vilasini for her contributions to Mohiniyattam.
  • Kathakali Music Award: Awarded to Kottakkal Madhu.
  • Yuvaprathibha Award: Presented to Kalamandalam Adhithyan, a budding kathakali artist.
  • M K K Nair Samagra Sambhavana Puraskaram: Bestowed on Sadanam Harikumar.
• Total Awards: A total of 26 awards, including endowments, were announced.

Important Terms Explained:

• Chenda: A traditional percussion instrument used in Kerala’s classical and ritualistic art forms.
• Kathakali: A classical dance-drama from Kerala known for its elaborate costumes, expressions, and storytelling.
• Mohiniyattam: A classical dance form from Kerala characterized by graceful movements and feminine themes.

Tabular Summary:

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Defence – Daily Current Affairs January 15

11. Which three frontline naval combatants were commissioned into the Indian Navy on January 15, 2025?
A) INS Vikrant, INS Kolkata, INS Sindhughosh
B) INS Nilgiri, INS Surat, INS Vaghsheer
C) INS Chennai, INS Rajput, INS Shishumar
D) INS Arihant, INS Khanderi, INS Kamorta
E) INS Kochi, INS Kavaratti, INS Vela
Answer: B) INS Nilgiri, INS Surat, INS Vaghsheer

Event and Location:

• Event: Commissioning of Three Frontline Naval Combatants
• Date, Location: January 15, 2025, Naval Dockyard, Mumbai

Mandates and Objectives:

• Significance of the Event:
  • Marked the first time three frontline combatants were commissioned into the Indian Navy on the same day.
  • Dedicated to the nation by Prime Minister Narendra Modi.
• Ships Commissioned:
  • INS Nilgiri: A stealth frigate, part of the Indian Navy’s Project 17A program.
  • INS Surat: A guided missile destroyer from Project 15B.
  • INS Vaghsheer: A Scorpene-class submarine under Project 75.
• Indigenous Construction:
  • All three vessels were built by Mazagon Dock Shipbuilders Limited in Mumbai.
  • Over 70% indigenisation, reflecting India’s growing expertise in warship design and production.
  • Equipped with stealthier technologies, Super Rapid Gunmounts, and structural changes to accommodate women sailors.

Important Terms Explained:

• Stealth Frigate: A warship designed to minimize detection by radar and other sensors.
• Scorpene-class Submarine: A class of diesel-electric attack submarines with advanced stealth features.
• Mazagon Dock Shipbuilders Limited (MDL): India’s leading shipyard for constructing warships and submarines.

Tabular Summary:

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National Affairs – Daily Current Affairs January 15

12. Which major projects did Union Home Minister Shri Amit Shah inaugurate or lay foundations for in Gujarat during his visits in January 2025?
A) Archaeological Experiential Museum, Vadnagar Sports Complex, and six-lane roads in Kalol
B) Mansa Circuit House, barrage on the Sabarmati River, and Vadnagar Urban Beautification Program
C) Distribution of nutritious laddoos, musical instruments, and canal construction in Saurashtra
D) All of the above
E) Only A and B
Answer: D) All of the above

Event and Location:

• Event: Developmental Projects Across Gujarat
• Date, Location: January 15-16, 2025, Kalol, Mansa, and Vadnagar, Gujarat

Mandates and Objectives:

• Kalol (₹194 crore):
  • Inaugurated 19 developmental works and laid foundation stones for 8 projects.
  • Key initiatives: Construction of a six-lane major road, distribution of nutritious laddoos to pregnant women, and musical instruments for Bhajan Mandals.
• Mansa (₹241 crore):
  • Inauguration of Mansa Circuit House, check dams, class blocks, and barrage projects.
  • Focused on addressing water scarcity through check dams, barrages, and the Narmada project.
  • Renovation of the Maha Kali Mata Temple in Ambod Village.
• Vadnagar (₹331.5 crore):
  • Launch of India’s first Archaeological Experiential Museum showcasing 2,500 years of Vadnagar’s history.
  • Inauguration of a state-of-the-art sports complex with synthetic tracks, AstroTurf fields, and an indoor multipurpose hall.
  • Vadnagar Urban Beautification Program and Heritage Complex Development.

Important Terms Explained:

• Narmada Project: A project focused on raising groundwater levels, filling ponds, and ensuring water access.
• Archaeological Experiential Museum: India’s first immersive museum built over an excavation site.
• Sujalam-Sufalam Yojana: A water conservation project launched by PM Narendra Modi as Gujarat’s Chief Minister.

Tabular Summary:

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13. How will the beneficiaries of the four flagship schemes launched on January 26, 2025, be selected?
A) Online applications
B) Direct nominations by district officials
C) Selection through Gram Sabhas
D) Lottery system
E) Central government selection committee
Answer: C) Selection through Gram Sabhas

Event and Location:

• Event: Beneficiary Selection for Four Flagship Schemes
• Date, Location: January 26, 2025, Telangana (state-wide)

Mandates and Objectives:

• Purpose:
  • Launch of four flagship schemes by the Telangana state government on Republic Day, January 26, 2025.
  • Transparent selection process for beneficiaries through Gram Sabhas.
• Schemes to be Launched:
  • Rythu Bharosa: Farmer welfare and support scheme.
  • Indiramma Atmiya Bharosa: Focused on social security and support.
  • Distribution of Ration Cards: Aimed at improving access to essential food supplies.
  • Indiramma Illu: Housing program for weaker sections.
• Selection Process:
  • Gram Sabhas to be conducted in all villages starting January 21, 2025.
  • Beneficiary lists will be displayed in gram sabhas for public approval, ensuring transparency and accountability.

Important Terms Explained:

• Gram Sabha: A village-level assembly involving all adult citizens of the village, used for decision-making on local governance and development issues.
• Rythu Bharosa: A scheme aimed at providing financial aid to farmers for agricultural purposes.
• Indiramma Illu:  Housing scheme targeting weaker sections of society to provide affordable housing.

Tabular Summary:

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