Daily & Latest Current Affairs in 2025

Correct Answer :   Section 77-A

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The Madras High Court declared Section 77-A of the Registration Act, 1908 unconstitutional, citing concerns about the excessive quasi-judicial power it granted to District Registrars.

Introduced through a 2022 State amendment, Section 77-A allowed District Registrars to cancel property documents registered through fraud or forged revenue records.

The court found this provision problematic due to the lack of judicial expertise among Registrars and the potential for bias, which could lead to significant hardship and damage to property owners.

Correct Answer :   Challa Sreenivasulu Setty

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The Indian government has appointed Challa Sreenivasulu Setty as the new Chairman of the State Bank of India (SBI), succeeding Dinesh Kumar Khara.

Setty, who will assume the role on August 28, 2024, has extensive experience in various banking sectors including corporate credit, retail banking, and digital banking.

His appointment follows a recommendation from the Financial Services Institutions Bureau (FSIB) and was approved by the Appointments Committee of the Cabinet (ACC).

Setty's tenure as Chairman will be for three years, highlighting his seasoned expertise and leadership in the banking industry.

Correct Answer :   Lt Gen Vikas Lakhera

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Lt Gen Vikas Lakhera assumed charge as the new Director General of the Assam Rifles, taking over from Lt General P C Nair, who retired after a distinguished career.

The Assam Rifles, known as the "Sentinels of the Northeast," play a crucial role in maintaining peace and security in India's northeastern region.

Lt Gen Lakhera brings with him a wealth of experience and a strong foundation in the Indian Armed Forces, having been commissioned into the 4 Sikh Light Infantry in 1990.

Correct Answer :   West Bengal

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Coal India Limited (CIL) and GAIL (India) Limited have signed a Memorandum of Understanding (MOU) to establish a Coal to Synthetic Natural Gas (SNG) plant in Raniganj, West Bengal.

This plant aims to produce 80,000 Nm3 per hour of SNG by utilizing 1.9 million tonnes of coal annually.

This initiative aligns with the National Coal Gasification Mission and supports the Atmanirbhar mission by reducing dependency on natural gas imports.

Correct Answer :   Haryana

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On August 4, 2024, Haryana Chief Minister Nayab Singh Saini announced that Haryana would become the first state in India to implement a comprehensive MSP policy, covering all crops.

This policy expansion, adding nine additional crops to the previously covered 14, aims to provide a robust safety net for farmers, encourage crop diversification, and protect against market price fluctuations, marking a significant shift in agricultural policy ahead of the upcoming Assembly elections.

Correct Answer :   Maharashtra

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Maharashtra's State Cabinet approved the Prisons and Correctional Services Bill to be enacted as an Ordinance.

This new Bill aims to modernize the state's prison operations, replacing the outdated Prisons Act of 1894.

The current system suffers from significant overcrowding, housing 40,428 prisoners in facilities designed for only 27,110.

The new legislation is based on the Union's Model Prisons and Correctional Services Act, 2023, and aims to address these issues comprehensively.

Correct Answer :   August 7th

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National Handloom Day is observed annually on August 7th in India.

This date commemorates the Swadeshi Movement, formally launched on August 7, 1905, which was a key part of India's struggle for independence.

The movement emphasized self-reliance and indigenous craftsmanship, making handlooms a symbol of resistance against British rule.

National Handloom Day, initiated in 2015, celebrates India's rich textile heritage and acknowledges the importance of the handloom sector in the country's socio-economic fabric and cultural identity.

Correct Answer :   Chile

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Chile is renowned for having the largest lithium reserves globally, holding 36% of the world's total.

It also stands as the second-largest global producer, contributing 32% to the global market.

This makes Chile a significant player in the lithium industry, which is vital for various applications such as rechargeable batteries, ceramics, and pharmaceuticals.

The country's extensive lithium resources are a major focus for companies looking to explore and extract this valuable resource, as exemplified by Coal India Limited's plans to explore lithium in Chile's salt flats.

Correct Answer :   Jakarta

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The 5th AITIGA Joint Committee meeting, aimed at advancing the review of the ASEAN-India Trade in Goods Agreement (AITIGA), took place in Jakarta from July 29 to August 1, 2024.

The meeting was co-chaired by representatives from India and Malaysia and involved delegates from all 10 ASEAN countries.

This event marked an important step in strengthening ASEAN-India economic cooperation, building on previous rounds of negotiations held in New Delhi and Putrajaya.

The focus of the discussions was on various aspects of trade including market access, rules of origin, standards and technical regulations, and trade facilitation, ensuring comprehensive coverage of the issues pertinent to the trade agreement.

Correct Answer :   Droupadi Murmu

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During her significant two-day state visit to Fiji, Indian President Droupadi Murmu was conferred with the Companion of the Order of Fiji, the highest honor awarded by the Fijian government.

This accolade symbolizes the deep respect and growing diplomatic relations between India and Fiji, underscored by ceremonial honors, traditional welcome ceremonies, and high-level bilateral meetings.