Daily Current Affairs January 22

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January 22 | Daily Current Affairs 2024

Important Days – Daily Current Affairs January 22

1. What is the theme of the 15th National Voters’ Day (NVD) celebration in 2025?
A) “Empowering Democracy, One Vote at a Time”
B) “Every Vote Matters, Make It Count”
C) “Nothing Like Voting, I Vote for Sure”
D) “Celebrating Democracy, Honoring Voters”
E) “Proud to Vote, Proud to Serve”
Answer: C) “Nothing Like Voting, I Vote for Sure”

Event and Location:

• Event: 15th National Voters’ Day (NVD) celebration.
• Date: January 25, 2025
• Location: New Delhi, India

Mandates and Objectives:

• Purpose: Commemorates the foundation day of the Election Commission of India (January 25, 1950).
• Theme: “Nothing Like Voting, I Vote for Sure,” emphasizing active voter participation.
• Significance:
  • Celebrates the successful conduct of the 2024 Lok Sabha Elections with 99.1 crore voters.
  • Highlights increased Electoral Gender Ratio from 948 (2024) to 954 (2025).
  • Focuses on engaging young voters, with 21.7 crore electors aged 18-29 years.

Key Highlights of the Event:

• Chief Guest: Hon’ble President Smt. Droupadi Murmu.
• Guest of Honour: Shri Arjun Ram Meghwal, Union Minister of State for Law and Justice.
• Awards: Best Electoral Practices Awards presented to officials for innovative voter outreach and accessible elections.
• Publications:
  • “India Votes 2024”: A coffee table book presented to the President by Chief Election Commissioner Shri Rajiv Kumar.
  • “Belief in the Ballot”: A curated set of human interest stories from the 2024 elections.
• Media Launches:
  • A preview of “India Decides,” a docu-drama series by Warner Bros Discovery.
  • A multimedia exhibition showcasing key aspects of 2024 Lok Sabha Elections.

Important Terms Explained:

• Electoral Gender Ratio: The number of female voters per 1,000 male voters in electoral rolls.
• EPIC (Elector Photo Identity Card): A voter ID issued to eligible citizens for identification during elections.
• National Voters’ Day (NVD): Observed annually on January 25 to promote electoral participation and voter awareness.

Tabular Summary:

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Ranking – Daily Current Affairs January 22

2. Which country has the highest public pension wealth in 2025, according to the Global SWF 2025 report?
A) Japan
B) Canada
C) USA
D) Netherlands
E) China
Answer: C) USA

Event and Location:

• Event: Release of Global SWF 2025 report highlighting public pension wealth rankings.
• Date: January 22, 2025
• Location: Worldwide

Top 10 Countries in Public Pension Wealth (2025):

• USA: $11,760 billion – Leads with the largest public pension funds, reflecting a strong social security system.
• Japan: $2,066 billion – Home to the Government Pension Investment Fund (GPIF), the world’s largest pension fund ($15.93 trillion in assets).
• Canada, Netherlands, and Australia: Known for sustainable and inclusive pension systems.
• India’s Position: Ranks 14th with $305 billion, highlighting significant gaps in pension inclusivity and sustainability.

India’s Pension System Challenges:

• Low Coverage: Informal sector workers (75% of employment) lack pension benefits.
• Economic Inequality: Unequal income distribution limits pension access.
• Absence of Universal Pensions: Rural and marginalized populations remain vulnerable post-retirement.

Unified Pension Scheme (UPS):

• Implementation: Effective April 1, 2025, after approval in August 2024.
• Objective:
  • Provide assured pensions to government employees.
  • Streamline and enhance pension system efficiency.
  • Boost financial inclusivity.

Global Trends in Pension Wealth:

• Japan’s GPIF: Known for its robust management and long-term stability focus.
• Gold Reserves: Central banks, including the RBI, are diversifying reserves to safeguard pension wealth against inflation and economic uncertainties.

Tabular Summary:

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3. Which country secured the second position in the Edelman Trust Barometer 2025 rankings?
A) China
B) India
C) Indonesia
D) UAE
E) Canada
Answer: C) Indonesia

Event and Location:

• Event: India slips to the third position in the Edelman Trust Barometer 2025 rankings.
• Date: January 22, 2025
• Location: Global

Key Highlights of the Rankings:

• India’s Position: Slipped from 2nd to 3rd place globally despite its trust score remaining unchanged.
• Top 3 Countries:
  1. China (77% trust score)
  2. Indonesia (76% trust score)
  3. India (75% trust score)
• Developing vs. Developed Nations:
  1.  Developing nations lead in institutional trust, with UAE (72%) and India among the top.
  2. Developed nations like Japan (37%), Germany (41%), and US (47%) lag in trust levels.

Trust Gaps in India:

• High-Income Group: India ranks 4th globally, with 80% trust.
• Low-Income Group: India ranks 3rd, with 65% trust.
• Gap: 15% disparity reflects economic inequality impacting trust in institutions.

Global Concerns Highlighted in the Report:

1. Mistrust in Leaders: 69% fear misinformation from government and business leaders.
2. Economic Inequality:
   • 67% believe the wealthy avoid fair taxation.
   • 65% blame the wealthy for societal problems.
3. Polarization:
   • 53% of youth approve hostile activism, including online attacks and violence.
4. Employer Trust: Employers remain the most trusted institutions globally (75% trust level).

Implications for India:

• Address economic inequality to maintain public trust.
• Combat disinformation and polarization to strengthen institutional credibility.

Tabular Summary:

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Banking and Finance – Daily Current Affairs January 22

4. What is the significant change in the RBI’s revised settlement norms for Asset Reconstruction Companies (ARCs)?
A) Removal of board approval for settlement policies.
B) Exemption of accounts below ₹1 crore from IAC review.
C) Elimination of judicial consent for ongoing recovery cases.
D) Mandatory upfront payment for all settlements.
E) Introduction of a standard settlement policy for ARCs.
Answer: B) Exemption of accounts below ₹1 crore from IAC review.

Event and Location:

• Event: RBI eases settlement norms for ARCs, resolutions could quicken.
• Date: January 21, 2025
• Location: India

Mandates and Objectives:

• Objective: Revised guidelines aim to expedite the resolution process for distressed assets.
• Policy Requirements: ARCs must frame a board-approved settlement policy defining processes.
• Eligibility for IAC Exemption: Accounts with aggregate value ≤ ₹1 crore no longer require IAC review.
• Fraud Cases: Accounts flagged as fraud or wilful defaults require mandatory IAC scrutiny, regardless of amount.
• Judicial Consent: Required for cases with ongoing recovery litigation.

Important Terms Explained:

• Asset Reconstruction Companies (ARCs): Entities specializing in acquiring and managing distressed assets, aiming to recover dues through restructuring or resolution strategies.
• Independent Advisory Committee (IAC): A body of professionals with financial, legal, or technical expertise, now only mandatory for high-value or fraud-related cases.

Tabular Summary:

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Appointments – Daily Current Affairs January 22

5. What is the current position assigned to senior IPS officer Mahesh Kumar Aggarwal?
A) Commissioner of Police, Chennai
B) Special Director General of Police, Armed Police, Tamil Nadu
C) Additional Director General (ADG) of Border Security Force (BSF)
D) Director General of Police (DGP), Tamil Nadu
E) Additional Director General of Police (ADGP), Enforcement Bureau
Answer: C) Additional Director General (ADG) of Border Security Force (BSF)

Event and Location:

• Event: Mahesh Kumar Aggarwal appointed as BSF ADG.
• Date: January 19, 2025
• Location: India

Mandates and Objectives:

• Appointment: Senior IPS officer Mahesh Kumar Aggarwal (1994-batch, Tamil Nadu cadre) has been appointed as the Additional Director General (ADG) of the Border Security Force (BSF).
• Term: Four years from the date he assumes charge or until further orders.
• Authority: Appointment confirmed by the Ministry of Home Affairs (MHA).

Career Highlights:

• Current Role Prior to BSF: Served as Special Director General of Police (Armed Police), Tamil Nadu.
• Key Positions Held:
  • Commissioner of Police, Chennai and Madurai.
  • Additional Director General of Police (ADGP), Enforcement Bureau, Tamil Nadu.
• Promotion: Elevated to the rank of Director General of Police (DGP) on December 29, 2024.

Notable Incidents:

• Kallakurichi Hooch Tragedy (2024):
  • Transferred after over 60 deaths due to spurious liquor consumption.
  • Faced scrutiny for similar incidents in Marakkanam and Chengalpattu (2023).

Tabular Summary:

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6. Who has been appointed as the Chief Justice of the Bombay High Court in 2025?
A) Justice Devendra Kumar Upadhyaya
B) Justice Alok Aradhe
C) Justice N.V. Ramana
D) Justice D.Y. Chandrachud
E) Justice S.A. Bobde
Answer: B) Justice Alok Aradhe

Event and Location:

• Event: Justice Alok Aradhe appointed as the Chief Justice of the Bombay High Court.
• Date: January 22, 2025
• Location: Bombay High Court, Maharashtra

Mandates and Objectives:

• Appointment Confirmation: Issued by the Central Government based on the Supreme Court Collegium’s recommendation (January 7, 2025).
• Previous Position: Justice Alok Aradhe served as the Chief Justice of the Telangana High Court (appointed in 2023).

Judicial Career Highlights:

• Madhya Pradesh High Court:
  • Appointed as Additional Judge in December 2009.
  • Elevated to Permanent Judge in February 2011.
• Jammu and Kashmir High Court:
  • Served as Acting Chief Justice from 2015 to 2018.
• Telangana High Court:
  • Appointed Chief Justice in 2023, contributing through key judgments and reforms.

Significance of the Appointment:

• Strategic Move: Strengthen judicial leadership in the Bombay High Court, which handles significant commercial, constitutional, and public interest litigations.
• Pivotal Role: Expected to enhance the court’s functioning and administrative efficiency.

Tabular Summary:

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Defence – Daily Current Affairs January 22

7. What significant milestone has DRDL achieved in hypersonic technology development?
A) Successful flight test of a hypersonic missile
B) Ground test of Active Cooled Scramjet Combustor for 120 seconds
C) Development of reusable hypersonic vehicle
D) Collaboration with the USA on hypersonic weapons
E) Creation of world’s first hypersonic wind tunnel
Answer: B) Ground test of Active Cooled Scramjet Combustor for 120 seconds

Event and Location:

• Event: DRDL successfully conducts a 120-second ground test of an Active Cooled Scramjet Combustor.
• Date: January 22, 2025
• Location: Hyderabad, India

Key Highlights of the Achievement:

• Scramjet Engine Role: Scramjet engines are air-breathing propulsion systems capable of sustained combustion at supersonic speeds.
• Hypersonic Missiles: Designed to travel at speeds greater than Mach 5 (>5,400 km/hr), making them extremely difficult to intercept with current air defense systems.
• Ground Test Achievements:
  • Successful Ignition and Combustion: Demonstrated stable combustion at air speeds exceeding 1.5 km/s.
  • Flame Stabilization: A novel technique was developed to maintain flame stability during high-speed airflow.
  • Advanced Simulations: CFD tools accurately predicted and enhanced engine performance.

Innovations and Contributions:

• Indigenous Scramjet Fuel: Jointly developed by DRDL and Indian industry, the endothermic fuel improves thermal management and ensures reliable ignition.
• Thermal Barrier Coating (TBC):
  • Designed using advanced ceramic materials to withstand extreme temperatures.
  • Enhances engine durability and operational efficiency.

Strategic Implications:

• Positions India among global leaders in hypersonic technology alongside the USA, Russia, and China.
• Advances India’s defense capabilities, supporting the development of next-generation hypersonic missiles.

Tabular Summary:

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National Affairs – Daily Current Affairs January 22

8. What milestone has eSankhyiki, India’s data dissemination platform, achieved in just seven months of its launch?
A) Integration of AI-powered search capabilities.
B) Surpassing 134 million records in its repository.
C) Becoming a member of the United Nations Statistical Commission.
D) Introduction of personalized dashboards and interactive infographics.
E) Addition of 2,291 datasets in the Data Catalogue section.
Answer: B) Surpassing 134 million records in its repository.

Event and Location:

• Event: eSankhyiki surpasses 100 million records milestone.
• Date: January 22, 2025
• Location: New Delhi, India

Mandates and Objectives:

• Milestone Achieved: eSankhyiki reached 134 million records in its repository within seven months of its launch in June 2024.
• Purpose: To provide a comprehensive platform for statistical data dissemination supporting evidence-based policymaking.
• Development: Built using open-source tools and in-house expertise.
• Modules:
  • Data Catalogue Module: Catalogues major data assets for ease of access and reusability, with over 2,291 datasets.
  • Macro Indicators Module: Provides time-series data on key macro indicators with visualization and filtering tools.
• Global Role: Demonstrates India’s leadership as a member of the United Nations Statistical Commission (UNSC) in statistical excellence and data democratization.
• Future Plans: Expand datasets, integrate AI-powered search, and offer advanced features like personalized dashboards and interactive infographics.

Important Terms Explained:

• eSankhyiki:
  • A data dissemination platform developed by the Ministry of Statistics and Programme Implementation (MoSPI).
  • Provides user-friendly tools for filtering, visualizing, and exporting data.
• United Nations Statistical Commission (UNSC):
  • The apex body for coordinating global statistical activities and setting international standards.
  • India is an active member, demonstrating its commitment to open data and governance.
• NAS (National Accounts Statistics):
  • Provides macroeconomic data on India’s economic activities.
  • Covers GDP estimates, national income, and savings.

Tabular Summary:

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9. What is the objective of the “Hamara Samvidhan Hamara Swabhiman” campaign launched at Prayagraj?
A) To celebrate India’s 75th Independence anniversary.
B) To promote awareness about the Indian Constitution and legal rights.
C) To commemorate the Maha Kumbh Mela in Prayagraj.
D) To inspire youth towards entrepreneurship.
E) To release a movie about India’s constitutional journey.
Answer: B) To promote awareness about the Indian Constitution and legal rights.

Event and Location:

• Event: “Hamara Samvidhan Hamara Swabhiman” campaign launch at Maha Kumbh, Prayagraj.
• Date: January 24, 2025
• Location: Prayagraj, Uttar Pradesh

Mandates and Objectives:

• Campaign Name: “Hamara Samvidhan Hamara Swabhiman” (HS2).
• Objective: Raise awareness about the Indian Constitution and legal rights of citizens.
• Significance:
  • Marks the conclusion of a year-long campaign celebrating India’s 75th Republic anniversary.
  • Encourages citizens’ contribution to the vision of Viksit Bharat 2047.
• Key Initiatives Under HS2:
  • Panch Pran Pledge: Over 1.3 lakh citizens pledged commitment to nation-building via MyGov.
  • Gram Vidhi Chetna Initiative: Law students conducted awareness drives, benefiting 21,000+ citizens.
  • Nari Bhagidari Initiative: Over 70 lakh participants engaged in webinars promoting women’s legal rights.
  • Nav Bharat Nav Sankalp Campaign: Interactive competitions for youth, fostering responsibility.
• Regional Events: Conducted in Bikaner (Rajasthan), Prayagraj (Uttar Pradesh), and Guwahati (Assam).
• Maha Kumbh Context: The event coincides with the Maha Kumbh at Sangam Nagri, Prayagraj, enhancing its cultural and spiritual significance.

Highlights of the Concluding Event:

• Achievement Booklet: Documents the campaign’s milestones.
• 2025 Calendar: Features themes and activities from the campaign.
• Movie Release: Showcases the journey of HS2.
• Guest of Honor:
  • Shri Arjun Ram Meghwal, Minister of State for Law and Justice (Independent Charge).
  • Swami Chidanand Saraswati Ji and Sadhvi Bhagawati Saraswati Ji from Parmarth Niketan.

Important Terms Explained:

• Hamara Samvidhan Hamara Samman: A year-long campaign launched on January 24, 2024, by the Vice President of India to promote constitutional values.
• Viksit Bharat 2047: A vision for a developed India by its 100th year of Independence.
• Maha Kumbh: One of the world’s largest spiritual gatherings, held in Prayagraj at the confluence of the Ganga, Yamuna, and Saraswati rivers.

Tabular Summary:

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10. What target has Commerce Minister Piyush Goyal set for the number of GI tags to be achieved by 2030?
A) 1,000 GI tags
B) 5,000 GI tags
C) 10,000 GI tags
D) 15,000 GI tags
E) 20,000 GI tags
Answer: C) 10,000 GI tags

Event and Location:

• Event: Commerce Minister Piyush Goyal sets a target of 10,000 GI tags by 2030.
• Date: January 22, 2025
• Location: New Delhi, India

Mandates and Objectives:

• Target: Achieve 10,000 Geographical Indication (GI) tags by 2030.
• Current Status: As of now, 605 GI tags have been issued by the Department for Promotion of Industry and Internal Trade (DPIIT).
• Oversight: A committee will be constituted to oversee the implementation of this target.
• IPR Ecosystem Growth:
  • Authorized GI tag users increased from 365 to 29,000 in 10 years.
  • Patents granted grew from 6,000 to 1,00,000 in the same period.

Key Initiatives Discussed:

• Anusandhan National Research Foundation Fund: Promotes innovation and research.
• One District One Product (ODOP): Highlights unique products from each district.
• Better Branding for GI Products:
  • Collaboration with FSSAI and BIS to improve quality standards and prevent counterfeiting.
  • Partnerships with private sectors and organizations like railways and airports for marketing GI products.
• E-Commerce Integration:
  • GI-tagged products may be listed on GeM, ONDC, and other e-commerce platforms.
  • Promotion through Indian embassies abroad, similar to ODOP initiatives.

Important Terms Explained:

• Geographical Indication (GI):
  • A tag identifying products that originate from specific regions and have unique qualities due to geographical, cultural, or traditional factors (e.g., Darjeeling Tea, Pashmina Shawls).
• GeM (Government e-Marketplace): An online procurement platform for government purchases.
• ONDC (Open Network for Digital Commerce): A network promoting open access to digital commerce.
• FSSAI (Food Safety and Standards Authority of India): Regulates food safety standards in India.
• BIS (Bureau of Indian Standards): Establishes quality benchmarks for various products and services.

Tabular Summary:

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11. What significant milestone is being marked by the Beti Bachao, Beti Padhao movement in 2025?
A) Launch of a new scheme for girl child education
B) 10 years since its inception
C) Introduction of gender equality awards
D) Expansion to all districts of India
E) Achievement of 100% literacy for girls
Answer: B) 10 years since its inception

Event and Location:

• Event: Prime Minister marks 10 years of the Beti Bachao, Beti Padhao movement.
• Date: January 22, 2025
• Location: India

Mandates and Objectives:

• Objective: Address gender biases, improve the child sex ratio, and ensure girls have access to education and opportunities.
• Achievements:
  • Significant improvements reported in districts with historically low child sex ratios.
  • Increased grassroots participation, turning the initiative into a people-powered movement.
• Key Message:
  • Prime Minister emphasized the importance of continuing efforts to protect the rights of daughters, ensuring their education, and creating a discrimination-free society.

Prime Minister’s Remarks:

• Beti Bachao, Beti Padhao has become a transformative initiative with participation across all walks of life.
• Awareness campaigns have deepened the understanding of gender equality and reduced gender biases.
• Stakeholders at the grassroots level have been instrumental in the movement’s success.

Tabular Summary:

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12. What is the primary goal of the UNESCO and MeitY consultation on AI Readiness Assessment Methodology (RAM)?
A) To promote AI startups globally
B) To create a diagnostic tool for AI funding
C) To align India’s AI ecosystem with global ethical standards
D) To establish UNESCO’s AI policy in India
E) To set up AI research centers across India
Answer: C) To align India’s AI ecosystem with global ethical standards

Event and Location:

• Event: UNESCO and MeitY host AI Readiness Assessment Methodology (RAM) consultation.
• Date: January 16-17, 2025
• Location: IIIT Bangalore and NASSCOM AI office, India

Mandates and Objectives:

• Primary Goal: Align India’s AI ecosystem with global ethical standards and foster responsible AI adoption.
• AI RAM Purpose:
  • A diagnostic tool to assess AI infrastructure, legislation, and stakeholder engagement.
  • Identify growth opportunities for India’s AI governance and innovation.
• Stakeholders: Participants included representatives from government, academia, industry, and civil society.

Key Highlights:

• Focus on Ethics: Emphasized transparency, inclusiveness, and fairness in AI development.
• Startups’ Role: Recognized startups as key drivers of India’s AI innovation.
• UNESCO’s Guidance: Aligns with UNESCO’s Global Recommendation on the Ethics of AI, promoting safety and accountability.

India’s AI Initiatives:

• INDIAai Mission: Backed by ₹10,000 crore, focusing on:
  • Safe and Trusted AI: Ethical practices and robust governance tools.
  • Self-assessment Frameworks: Empowering innovators and ensuring responsible deployment of AI solutions.

Tabular Summary:

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13. What is the primary focus of the 1st Olympic Research Conference hosted in Gujarat?
A) Promoting Indian athletes globally
B) Strategies for India’s 2036 Olympics bid
C) Organizing international sports leagues
D) Strengthening bilateral sports agreements
E) Establishing new training academies in Gujarat
Answer: B) Strategies for India’s 2036 Olympics bid

Event and Location:

• Event: Gujarat hosts the 1st Olympic Research Conference.
• Date: January 22, 2025
• Location: Gujarat, India

Mandates and Objectives:

• Primary Goal: Develop strategies and innovative economic models to support India’s bid for the 2036 Olympics.
• Organized By: Indian Olympic Association (IOA) and Union Ministry of Youth Affairs and Sports.

Key Themes:

1. 2036 Vision: Charting India’s readiness to host the Olympics.
2. Global Best Practices: Insights from previous Olympic host cities on urban legacy and infrastructure.
3. Economic Models: Exploring public-private partnerships and sustainable funding for hosting the Olympics.
4. Sustainability: Focus on eco-friendly venues and reducing the event’s carbon footprint.
5. Gender Equity: Strategies for inclusivity in sports across all disciplines.

Key Participants:

• PT Usha: President of IOA and a celebrated athlete.
• Gagan Narang: Vice-President of IOA and Olympic medalist.
• Olympic Experts: Renowned scholars and practitioners sharing insights on event management and governance.

Key Focus Areas:

• Sustainable Sports Infrastructure: Adoption of green technologies and eco-friendly practices.
• Urban Legacy: Long-term benefits for cities, such as infrastructure and global visibility.
• Positioning India Globally: Highlighting India’s cultural heritage and advancements in technology as competitive advantages.

Outcome:

• The strategies and insights developed during the conference will shape India’s comprehensive proposal to the International Olympic Committee (IOC), showcasing India’s capabilities and vision to host the 2036 Olympics.

Tabular Summary:

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14. What is the primary objective of the Rs 10,000 annual aid scheme launched by the Chhattisgarh CM?
A) To provide subsidies for agricultural inputs
B) To offer financial aid to landless agricultural labourers
C) To promote skill development programs
D) To create new job opportunities in urban areas
E) To increase government revenue through taxation
Answer: B) To offer financial aid to landless agricultural labourers

Event and Location:

• Event: Chhattisgarh CM launches Rs 10,000 annual aid scheme for labourers.
• Date: January 22, 2025
• Location: Chhattisgarh, India

Mandates and Objectives:

• Scheme Objective: Provide Rs 10,000 annually to improve the financial stability of 7.5 lakh landless agricultural labourers.
• Purpose: Fulfill a pre-poll promise to support marginalized sections and ensure economic upliftment.
• Beneficiaries: Landless agricultural labourers across the state.

Key Features of the Scheme:

• Target Group: Vulnerable sections of agricultural workers without landholdings.
• Support Focus: Consistent financial assistance to enhance livelihoods.
• Alignment with Other Schemes: Continues the state’s welfare initiatives like the Godhan Nyay Yojana and Rajiv Gandhi Kisan Nyay Yojana, aimed at rural economic support.

Impact:

• Economic Stability: Offers direct financial relief to labourers, improving their quality of life.
• Political Significance: Demonstrates the CM’s commitment to fulfilling electoral promises, strengthening public trust ahead of future elections.

Tabular Summary:

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Over All Review

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