Daily Current Affairs January 24

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January 24 | Daily Current Affairs 2024

Important Days – Daily Current Affairs January 24

1. What is the theme of the International Day of Education for the current year?
A) Building Bridges through Education
B) Education for Sustainable Development
C) Learning for lasting peace
D) Empowering Minds, Building Futures
E) Knowledge for All
Answer: C) Learning for lasting peace

  • Every year, International Day of Education is observed on January 24.
  • In 2018, the United Nations General Assembly adopted the resolution to make January 24 as the International Day of Education to create awareness on the accessibility of education.
  • The resolution was authored by 59 member states, and since then, January 24 has been observed as International Day of Education.
  • The theme of this year is – Learning for lasting peace

National Girl Child Day is observed on January 24:

  • National Girl Child Day is observed on 24 January every year to spread awareness about the inequalities faced by a girl child in Indian society.
  • The day not only advocates for equal opportunities in education, healthcare and nutrition, but also promotes awareness about the rights of a girl child and addresses issues like child marriage, discrimination, and violence against girls.
  • Annually, on this day, awareness campaigns are organised across the country to spread the message of girls’ empowerment.
  • The day is also in line with various campaigns and programs run by the Indian government including Beti Bachao, Beti Padhao (Save the Girl Child, Educate the Girl Child).

Sports – Daily Current Affairs January 25

2. Who recently became the second Indian man to win a gold medal at the Asian Marathon Championships?
A) Ashvini Madan Jadhav
B) Man Singh
C) Jyoti Gawate
D) Huang Yongzheng
E) Tiapkin Ilya
Answer: B) Man Singh

  • Man Singh became only the second Indian man to clinch a gold medal at the Asian Marathon Championships as he won the race with a personal best time in Hong Kong.
  • Man Singh clocked two hours, 14 minutes and 19 seconds (2:14:19) to win the competition.
  • His earlier best was 2:16:58, which he had clocked while finishing 11th in the Mumbai Marathon last year.
  • China’s Huang Yongzheng took the silver with a time of 2:15:24 while Kyrgyzstan’s Tiapkin Ilya came third in 2:18:18.
  • In the women’s marathon race in Hong Kong, Ashvini Madan Jadhav finished eighth with a time of 2:56:42 while Jyoti Gawate ended at 11th in 3:06:20.

Note:

  • Gopi Thonakal was the first Indian man to win the Asian Marathon Championships title in 2017.
  • He had clocked 2:15:48 to win the gold in Dongguan, China.

 

Acquisitions and Mergers – Daily Current Affairs January 25

3. Who is the Acquirer in the proposed acquisition of Wistron Infocomm Manufacturing (India) Private Limited?
A) Wistron Hong Kong Limited
B) SMS Infocomm (Singapore) Private Limited
C) Tata Electronics Private Limited
D) Tata Sons Private Limited
E) Wistron group
Answer: C) Tata Electronics Private Limited

  • The Competition Commission of India (CCI) has approved 100% acquisition of Wistron Infocomm Manufacturing (India) Private Limited by Tata Electronics Private Limited.
  • The proposed combination relates to the acquisition of 100% of the Wistron Infocomm Manufacturing (India) Private Limited’s (Target) equity share capital from SMS Infocomm (Singapore) Private Limited and Wistron Hong Kong Limited by Tata Electronics Private Limited (Acquirer).
  • The Acquirer is a greenfield venture of Tata Sons Private Limited.
  • It manufactures smartphone enclosures (i.e. the frame of the phone on which other components/sub-assembles of a smartphone are assembled), a high precision component for smartphones.
  • The Target is an electrical and electronics manufacturing company engaged in electronic manufacturing services (i.e., contract manufacturing of electronics) for smartphones in India, at its plant in Karnataka. It was incorporated in 2017 by the Wistron group.
Titbits

Competition Commission of India (CCI):

  • The Competition Commission of India (CCI) is the chief national competition regulator in India.
  • It is a statutory body within the Ministry of Corporate Affairs and is responsible for enforcing the Competition Act, 2002 to promote competition and prevent activities that have an appreciable adverse effect on competition in India.
  • Formed: 14 October 2003
  • Chairperson: Ravneet Kaur

4. What percentage of stake in Religare Enterprises did the Burman family entities acquire, as approved by the Competition Commission of India?
A) 2.53%
B) 5.27%
C) 10%
D) 15.5%
E) 20.75%
Answer: B) 5.27%

  • The Competition Commission of India gave its approval for the acquisition of a 5.27% stake in Religare Enterprises by entities controlled by the Burman family, as well as a subsequent open offer to buy up to another 26% of the financial services firm.
  • The provisions have been approved under the Securities and Exchange Board of India Regulations, 2011.
  • The Burman family owns shares in Religare Enterprises through MB Finmart, Puran Associates, VIC Enterprises, and Milky Investment and Trading Co.

Awards – Daily Current Affairs January 25

5. Who was honored with the Colonel CK Nayadu Lifetime Achievement Award in the 2024 BCCI Awards?
A) Shubman Gill
B) Farokh Engineer
C) Sachin Tendulkar
D) MS Dhoni
E) Ravi Shastri
Answer: E) Ravi Shastri

  • The Board of Control for Cricket in India (BCCI) awards announced the 2024 edition of its awards and conferred former Indian head coach Ravi Shastri with the Colonel CK Nayadu Lifetime Achievement Award.
  • Apart from this, former Indian wicketkeeper-batter Farokh Engineer also received the Lifetime Achievement Award in the recently concluded ceremony in Hyderabad.
  • Shubman Gill was named the Best International Cricketer in the men’s category. He emerged as the fourth Indian batter after Sachin Tendulkar, MS Dhoni, and Virat Kohli to take the top spot in the ICC batting rankings in the 50-over format.
Titbits

BCCI:

  • Board of Control for Cricket in India (BCCI) is the national governing body of Cricket in India.
  • Its headquarters is situated at the cricket centre in Churchgate, Mumbai.
  • The BCCI is the wealthiest governing body of cricket in the world.
  • Founded: 1 December 1928
  • President: Roger Binny

6. Who was named the T20I Player of the Year by the International Cricket Council (ICC) for the second consecutive time?
A) Virat Kohli
B) Rohit Sharma
C) KL Rahul
D) Suryakumar Yadav
E) Shikhar Dhawan
Answer: D) Suryakumar Yadav

  • Suryakumar Yadav named the T20I Player of the Year for a second consecutive time by the International Cricket Council (ICC).

National Affairs – Daily Current Affairs January 25

7. Which organizations will utilize office space in Kaushal Bhawan?
A) Directorate General of Training
B) National Council for Vocational Education and Training
C) National Skill Development Corporation
D) Ministry of Skill Development and Entrepreneurship
E) All of the above
Answer: E) All of the above

  • The President of India, Smt Droupadi Murmu inaugurated Kaushal Bhawan – a new building of the Ministry of Skill Development and Entrepreneurship in New Delhi.
  • On the occasion, the President visited the exhibition stalls set up by the beneficiaries of various initiatives of the Government such as PM Vishwakarma, PM JANMAN, Skill Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP), Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and interacted with them.
  • The Kaushal Bhawan whose foundation stone was laid in March 2019 will provide office space for the Ministry as well as its associated organisations – the Directorate General of Training, the National Council for Vocational Education and Training and the National Skill Development Corporation.

8. Which two countries signed the Memorandum of Understanding (MoU) on cooperation in the field of Information Technology?
A) India and Pakistan
B) India and China
C) India and Bangladesh
D) India and Oman
E) India and Saudi Arabia
Answer: D) India and Oman

  • The Union Cabinet chaired by Prime Minister Shri Narendra Modi was apprised of a Memorandum of Understanding (MoU), signed between the Ministry of Electronics and Information Technology of the Republic of India and the Ministry of Transport, Communications and Information Technology of the Sultanate of Oman on cooperation in the field of Information Technology.
  • The MoU intends to promote comprehensive cooperation between the Parties through mutual support, sharing of technologies, information and investments in the field of Information Technology.
  • The MoU shall come into effect from the date of signature of the Parties and shall be remain in force for a period of 3 years.
Titbits

Oman:

Capital: Muscat
Currency: Omani Rial
Sultan: Haitham bin Tariq
Crown Prince: Theyazin bin Haitham


9. Which three Air Forces participated in Exercise Desert Knight conducted by the Indian Air Force (IAF)?
A) Indian Air Force, Pakistan Air Force, Chinese Air Force
B) Indian Air Force, French Air and Space Force, United Arab Emirates Air Force
C) Indian Air Force, Russian Air Force, United States Air Force
D) Indian Air Force, Australian Air Force, British Royal Air Force
E) Indian Air Force, Singapore Air Force, Japanese Air Self-Defense Force
Answer: B) Indian Air Force, French Air and Space Force, United Arab Emirates Air Force

  • Indian Air Force (IAF) conducted Exercise Desert Knight along with French Air and Space Force (FASF) and United Arab Emirates (UAE) Air Force.
  • While the French participation included the Rafale fighter aircraft and a Multi Role Tanker Transport, the UAE Air Force fielded the F-16.
  • These aircraft operated from the Al Dhafra air base in the UAE.
  • The IAF contingent comprised of Su-30 MKI, MiG-29, Jaguar, AWACS, C-130-J and Air to Air Refueller aircraft.
  • The exercise in Indian FIR was conducted over the Arabian Sea, with IAF aircraft operating from bases within India.
  • The main focus of Exercise Desert Knight was on enhancing synergy and interoperability between the three Air Forces.
  • The interactions during the exercise facilitated the exchange of operational knowledge, experiences and best practices amongst the participants.

10. Which two organizations recently entered into a partnership to empower young people for urban governance?
A) National Institute of Urban Affairs (NIUA) and United Nations Children’s Fund (UNICEF)
B) Urban Youth Unit and United Nations Development Programme (UNDP)
C) National Youth Development Council and World Health Organization (WHO)
D) National Commission for Youth and UNESCO
E) Youth Empowerment Foundation and International Labour Organization (ILO)
Answer: A) National Institute of Urban Affairs (NIUA) and United Nations Children’s Fund (UNICEF)

  • The Urban Youth Unit at NIUA and YuWaah – UNICEF have come into a partnership to solidify their commitment to empowering young people for urban governance.
  • The Statement of Intent was exchanged between Lovlesh Sharma, Head, Urban Youth Unit and Abhishek Gupta, COO, YuWaah at the National Youth Day celebrations hosted by NIUA.
  • Over the next three years, the organizations will co-create and implement scalable youth-driven solutions to address the challenges faced by cities.
  • The primary focus of this partnership is enhancing youth leadership, participation and action research towards strengthening civic behaviours and urban governance.
  • The goal is to enhance civic awareness and social responsibility of the youth and equipping them with 21st-century skills and progressive ideas.
  • Additionally, UNICEF’s U-Report chatbot will be used to capture real time data and insights from young people on ‘cities for youth’ to support NIUA’s action research outcomes on youth participation and to further co-create innovative solutions that address the unique needs of young people in India.
  • The ‘My Dream City’ publication was also launched which is the outcome of a competition organized by NIUA, aimed at capturing the visionary thoughts of the young people.
  • The competition focused on four key themes: Safe Neighbourhoods, Walkable and Cyclable Cities, My Connect to the River and Waterbodies, and Smart Wellness Societies
Titbits

UNICEF:

  • UNICEF, originally called the United Nations International Children’s Emergency Fund in full, now officially United Nations Children’s Fund, is an agency of the United Nations responsible for providing humanitarian and developmental aid to children worldwide.
  • HQ: Newyork City, Newyork, US
  • Head: Catherine M Russell

11. Which government department is undertaking the ‘Hamara Samvidhan, Hamara Samman’ campaign?
A) Ministry of Home Affairs
B) Ministry of Finance
C) Ministry of Law and Justice
D) Ministry of Social Justice and Empowerment
E) Ministry of External Affairs
Answer: C) Ministry of Law and Justice

  • To commemorate the 75th Year of India as Republic, a year –long pan India campaign ‘Hamara Samvidhan, Hamara Samman’ was inaugurated by the Vice-President of India, Shri Jagdeep Dhankhar at Dr Ambedkar International Centre.
  • The Campaign ‘Hamara Samvidhan, Hamara Samman’ is being undertaken by Department of Justice, Ministry of Law and Justice, Government of India
  • The campaign aims to reaffirm our collective commitment to the principles enshrined in the Constitution of India and celebrate the shared values that bind our nation.
  • Under Hamara Samvidhan Hamara Samman campaign efforts are made to legally empower marginalized communities so that they can assert their rights and access justice.
  • The Vice-President planted a sapling and paid floral tribute to Dr Bhim Rao Ambedkar’s statue.
  • During the Event, the Nyaya Setu was launched by the Vice-President which is a significant and transformative step aimed to extend and expand the reach of legal services till the last mile.
  • It will provide a unified legal interface for legal information, legal advice and legal assistance.
  • The Event also witnessed the release of the achievement booklet of the Scheme on Access to Justice ‘Designing Innovative Solutions for Holistic Access to Justice’ (DISHA).
  • Under DISHA scheme Tele Law Programme has connected 67 lakh+ citizens for pre-litigation advice through the use of Tele-Law Citizens Mobile App and via 2.5 lakh Common Service Centers (CSC) situated in 36 States and UTs in the country.
  • The event also brought together representatives from Bhashini and IGNOU to formalize their collaboration with Department of Justice.
  • The partnership with Bhashini would break the barriers of language in accessibility to justice.
  • The solutions of Bhashini have already been embedded in the Nyay Setu – Tele Facilitation of legal services.

Keycomponents:

  • Sabko Nyay – Har Ghar Nyaya as it aims to connect the villagers through the Village Level Entrepreneurs of the Common Service Centers and exalt them to read Sabko Nyay pledge.
  • Nav Bharat Nav Sankalp which aims to encourage the masses to embrace the resolutions of Panch Pran by reading the Panch Pran Pledge.
  • The citizens would get the opportunity to showcase their talent and creativity by participating in Panch Pran Rangotsav (Poster Making competition); Panch Pran Anubhav (Reel/Video making competition).
  • Vidhi Jagriti Abhiyan aims to involve the students to carry the message Panch Pran in the villages adopted by the Law colleges, under the Pro Bono Club scheme.
  • It aims to disseminate the legal information of the rights responsibilities and entitlements in very engaging, entertaining and memorable way.

12. Which engineering company has launched India’s first-ever aircraft passenger seat at Wings India 2024?
A) AirTech Innovations
B) AeroSeating Solutions
C) Timetooth
D) SkyCraft Interiors
E) Avian Comfort Solutions
Answer: C) Timetooth

  • Bengaluru based Engineering Company, Timetooth has launched India’s first-ever aircraft passenger seat at Wings India 2024.
  • As of now, 100% of the seats of aircraft owned or operated by India registered air travel companies are imported.
  • Although the business structure allows the airline to decide the sourcing of seats, they had no choice but to import them.
  • Timetooth identified the gap and with the help of DGCA and encouragement from Indian Airline companies, has launched this seat.
  • Their team has designed this seat for Performance as per ITSO C39c, while addressing user comfort & efficiency for the operator.
  • Their light-weight seats are currently ready for commuter aircraft like the newly DGCA certified, Hindustan (Dornier) 228.

Keyperson:

  • Amitav Chaudhuri, Co-Founder and Director of Timetooth
  • Arun Kashyap, COO, Spicejet.

13. What is the proposed Gruha Jyothi scheme in Telengana?
A) Home loan subsidy scheme
B) Free electricity supply to 200 households
C) Solar power installation initiative
D) Energy-efficient home appliances distribution
E) Street lighting project
Answer: B) Free electricity supply to 200 households

  • The Telangana state government is set to unveil a comprehensive electricity policy, aiming to ensure uninterrupted power supply and extend free power to up to 200 households through the proposed Gruha Jyothi scheme.

14. Where did the “All India Secretaries’ Conference on Water Vision @ 2047 – Way Ahead” take place recently?
A) New Delhi
B) Jaipur
C) Mahabalipuram, Chennai
D) Kolkata
E) Ahmedabad
Answer: C) Mahabalipuram, Chennai

  • The two-day “All India Secretaries’ Conference on Water Vision @ 2047 -Way Ahead” concluded at Mahabalipuram, Chennai (Tamil Nadu) with the key objective to strengthen the water security of the country.
  • 32 States and Union Territories, 30 Secretaries and more than 300 delegates participated in this conference, sharing their best practices and action taken on the 22 recommendations of “1st All India Annual State Ministers Conference on Water” held on 5th and 6th January, 2023 at Bhopal, Madhya Pradesh.
  • On the directions of the Sectoral Group of Secretaries, each Ministry has prepared a Vision document pertaining to its sector.
  • The Ministry of Jal Shakti organized a conference of State Ministers of Water on the theme: “Water Vision @ 2047” on 5th & 6th January, 2023 at Bhopal. The conference agreed on 22 recommendations for further action.
  • The said 22 recommendations include prioritizing drinking water & its source sustainability, building climate resilience, both demand & supply side management, enhancing water storage both at large & small scale, application of state-of-the-art technology, increasing efficiency of water utilisation, intensifying water conservation programs at every level, encouraging interlinking of rivers, monitoring river health & maintaining environmental flow, undertaking appropriate flood management measures and all these interventions with enhanced people’s participation.

Major takeaways of this conference include:

  • Assessment of actions taken on agreed 22 recommendations;
  • Agreement to accelerate action on areas that are lagging;
  • Evolving Water Vision@2047 Conferences as peer learning platform and forum for collaboration & partnerships;
  • Setting a foundation for continuous dialogue on strengthening water security;
  • Identification and sharing of capacity building needs
Titbits

Tamilnadu:

Capital: Chennai
Chief Minister: M K Stalin
Governor: R N Ravi


15. What does LSAM stand for in’Ammunition Cum Torpedo Cum Missile Barge, LSAM 19 (Yard 129)’?
A) Landing Ship Assault Mechanism
B) Long-range Surface-to-Air Missile
C) Launch Support and Armament Module
D) Lightweight Submarine Assault Barge
E) Logistics Support and Ammunition Management
Answer: C) Launch Support and Armament Module

  • The launch of ‘Ammunition Cum Torpedo Cum Missile Barge, LSAM 19 (Yard 129)’, 5th Barge of 11 x ACTCM Barge Project, built by MSME Shipyard, M/s Suryadipta Projects Pvt Ltd, Thane for Indian Navy, was undertaken on 24 Jan 24 at M/s Suryadipta Project Pvt Ltd (Launch site of M/s SPPL). The launching Ceremony was presided over by Cmde V Pravin, AWPS(Mbi).
  • The contract for building 11 X ACTCM Barge was signed between MoD and M/s Suryadipta Projects Pvt Ltd, Thane.
  • These Barges are indigenously designed and built under relevant Naval Rules and Regulation of Indian Register of Shipping.
  • The model testing of the Barge during design stage was undertaken at Naval Science and Technological Laboratory, Visakhapatnam.
  • These Barges are proud flag bearers of Make in India initiative of Government of India (GoI).

16. What is the total credit amount allocated for rooftop solar implementation under Pradhan Mantri Suryodaya Yojana?
A) Rs 50,000 crore
B) Rs 75,000 crore
C) Rs 100,000 crore
D) Rs 120,000 crore
E) Rs 150,000 crore
Answer: D) Rs 120,000 crore

  • The ministry of new and renewable energy has designated REC as the nodal agency for the implementation of Pradhan Mantri Suryodaya Yojana, aimed at installing rooftop solar at 10 million households.
  • REC will be providing line of credit to the tune of Rs 15,000 crore each to eight central public undertakings identified for the implementation of rooftop solar, among other private developers and vendors, amounting to a total credit of Rs 120,000 crore.

Note:

  • REC has also acted as the nodal agency for various other nationwide schemes under the power ministry including rural electrification under the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) and the Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) scheme.

About REC:

  • REC, a ‘maharatna’ Central Public Sector Enterprise under the ministry of power, recorded a 13.5% increase in its consolidated net profit for quarter under review at Rs 3,308.42crore from Rs 2,915.33 crore in the same period last year.
  • The company’s loan sanctions also soared by 177% to Rs 1,32,049 crore, compared to Rs 47,712 crore in Q3 FY23. Of this, the renewable sector contributed 57%.
  • REC disbursed Rs 46,358 crore against Rs 29,639 crore in the corresponding quarter last year.
  • Its annualised earnings per share (EPS) also accelerated to Rs 50.65 per share as of December 31, 2023 from Rs 40.79 per share in the previous year.

17. What is the approved outlay for the scheme for the promotion of Coal/Lignite Gasification Projects?
A) Rs. 5,000 crore
B) Rs. 7,500 crore
C) Rs. 8,500 crore
D) Rs. 10,000 crore
E) Rs. 12,500 crore
Answer: C) Rs. 8,500 crore

  • The Cabinet chaired by the Prime Minister Shri Narendra Modi approved the scheme for promotion of Coal/Lignite Gasification Projects of Government PSUs and Private Sector with an outlay of Rs.8,500 crore towards incentive for coal gasification projects under three categories.

The cabinet has approved the scheme as follows:

  • Total outlay of Rs.8,500 crore will be provided as financial assistance for coal gasification projects under three categories.
  • In category I, Rs.4,050 crore provisioned for Government PSUs in which upto 3 projects will be supported by providing lump-sum grant of Rs.1,350 crore or 15% of capex, whichever is lower.
  • In category II, Rs.3,850 crore provisioned for private sector as well as Government PSUs in which lump-sum grant of Rs.1,000 crore or 15% of capex, whichever is lower provided for each project. At least one project will be bid out on tariff-based bidding process and its criteria will be designed in consultation with NITI Aayog.
  • In category III, Rs.600 crore provisioned for demonstration Projects (indigenous technology) and/or small-scale product-based Gasification Plants under which lump-sum grant of Rs.100 crore or 15% of capex, whichever is lower, will be given to the selected entity who will have a minimum Capex of Rs. 100 Crore and minimum production of 1500 Nm3/hr Syn gas.
  • The selection of entities under category II and III shall be carried out through a competitive and transparent bidding process.
  • The grant will be paid to the selected entity in two equal instalments.
  • EGoS chaired by Secretary Coal shall be fully empowered to make any changes required in the modalities of the scheme subject to the condition that overall financial outlay remain within Rs.8,500 crore.


Over All Review

Important Days

  • International Day of Education is observed on January 24.

Sports 

  • Man Singh becomes second Indian man to win gold at Asian Marathon C’ships.

Acquisitions and Mergers

  • CCI approves 100% acquisition of Wistron Infocomm Manufacturing (India) Private Limited by Tata Electronics Private Limited.
  • Burmans get CCI approval to buy stake in Religare.

Awards 

  • BCCI announced C K Naydu Lifetime Achievement Awards.
  • Surya Kumar Yadav named ICC T20 I Player of the year for 2023.

National Affairs

  • President of India inaugurates Kaushal Bhavan
  • Cabinet approves signing of a Memorandum of Understanding (MoU) between India and Oman on cooperation in the field of Information Technology.
  • Ex Desert Knight between India, French and UAE Airforce conducted.
  • UNICEF join hands with NIUA to empower young people for urban governance through civic participation on National Youth Day.
  • Vice-President inaugurates pan India campaign ‘Hamara Samvidhan, Hamara Samman’ to commemorate the 75th Year of India as Republic.
  • India’s first indigenously designed and manufactured aircraft seat launched at Wings India 2024.
  • Telangana Government’s New Electricity Policy was launched by CM Revanth Reddy , Gruha Jyothi Scheme.
  • Two-day ‘All India Secretaries’ Conference on Water Vision @ 2047- Way Ahead’ concludes at Mahabalipuram, Tamil Nadu.
  • The launch of ‘Ammunition Cum Torpedo Cum Missile Barge, LSAM 19 (Yard 129)’, 5th Barge of 11 x ACTCM Barge Project, built by MSME Shipyard, M/s Suryadipta Projects Pvt Ltd, Thane.
  • REC to be the nodal agency for PM Suryodaya Yojana.
  • Cabinet approves the scheme for promotion of Coal/Lignite Gasification Projects of Government PSUs and Private Sector towards incentive for coal gasification projects under three categories.

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