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Daily & Latest Current Affairs in 2024

Current Affairs is a very important part of the overall preparation strategy for various Competitive Entrance and Government Recruitment Exams. Free Time Learning offers Today Current Affairs provides latest and Best Daily Current Affairs for UPSC, IAS/PCS, UPPSC, IBPS, SBI, RBI, SSC, CGL, Railway, APPSC, TSPSC, KPSC, TNPSC, TPSC, UPPSC, MPSC, RPSC, BPSC, MPPSC, UKPSC, MPSC, and other competitive exams.

A)
Azim Premji
B)
Sudha Murty
C)
S. D. Shibulal
D)
Prabhu Chandra Mishra

Correct Answer :   Prabhu Chandra Mishra


The birth anniversary of former Prime Minister of the country Atal Bihari Vajpayee, many personalities who played an important role in various fields were honored on December 24, 2022, at Vigyan Bhawan, New Delhi during 9th Atal Samman Samaroh.
 
* Prabhu Chandra Mishra was honoured with the prestigious "Atal Samman Award" during the 9th Atal Samman Samaroh, organised in New Delhi.
 
* He was awarded for his excellence in field of science & research.
 
* He has worked in the area of StemCell & Regenerative Medicine in infertility especially when In vitro fertilization (IVF) failed.
 
* Under his work, diseases like premature ovarian failure, and Asherman syndrome have shown satisfactory results with body’s own cells..

Source : The Print

Published On : December 28, 2022
A)
Amrit Bharat Station Scheme
B)
Atal Station Scheme
C)
Bharat Rail Station Scheme
D)
Atmarirbhar Bharat Station Scheme

Correct Answer :   Amrit Bharat Station Scheme


The Ministry of Railways, as part of its station redevelopment drive, has formulated a new scheme to modernise over 1,000 small stations over the coming years.

Under the Amrit Bharat Station Scheme, stations will be equipped with facilities inspired by the mega-upgradation of marquee stations such as New Delhi and Ahmedabad, albeit at a lower cost.
 
Key features of these proposed stations include provisions for roof top plazas, longer platforms, ballastless tracks, and 5G connectivity. The scheme will subsume all previous redevelopment projects where work is yet to begin.
 
Amrit Bharat Station Scheme aims : At preparation of Master Plans of the Railway stations and implementation of the Master Plan in phases to enhance the facilities including and beyond the Minimum Essential Amenities and aiming for creation of Roof Plazas and city centres at the station in the long run,” the Railway Board said in the policy document.
 
* However, plans and consequent budgets will only be approved on the basis of factors such as footfall and inputs from stakeholders. Zonal railways have been given the responsibility of selecting stations, which will then be approved by a committee of senior railway officials.
 
* The model envisages low-cost redevelopment of stations which can be executed timely. Sources said the separate scheme, focused on small stations, was taken to ensure that modernisation of small stations does not lose steam as the ministry focuses on mega-projects to upgrade New Delhi, Mumbai (CST), and Ahmedabad stations, which will take much longer..

Source : Business Standard

Published On : December 28, 2022
A)
NITI Aayog
B)
MeitY
C)
Reserve Bank of India
D)
National Informatics Centre.

Correct Answer :   MeitY


The govt of India has Tuesday(27th Dec 2022) designated the Ministry of Electronics and Information Technology (MeitY) as the nodal ministry to oversee the online gaming industry in India.

The ministry will soon release rules for online gaming intermediaries and start public consultation on these rules.

In May 2022, the govt set up a seven-member inter-ministerial task force, chaired by Rajeev Chandrasekhar, MoS, IT.

Aim : To work on online gaming regulations and identify a nodal ministry..

Source : Deccan Herald

Published On : December 28, 2022
A)
Ministry of Home Affairs
B)
Ministry of Finance
C)
Ministry of Rural Development
D)
Ministry of Housing and Urban Affairs

Correct Answer :   Ministry of Housing and Urban Affairs


Shri Hardeep S. Puri, Union Minister of Housing & Urban Affairs and Petroleum & Natural Gas, releasing Draft Guidelines and Ranking Framework for ‘City Finance Rankings 2022’
 
‘City Finance Rankings 2022’ aims to evaluate, recognize and reward ULBs on the basis of their strength across three financial parameters viz. resource mobilization, expenditure performance and fiscal governance systems.”, said Shri Hardeep S. Puri, Union Minister of Housing & Urban Affairs and Petroleum & Natural Gas. 
 
He was speaking at an event of Ministry of Housing & Urban Affairs, where two key initiatives of Ministry- ‘City Finance Rankings, 2022’ and ‘City Beauty Competition’- were launched. Shri Manoj Joshi, Secretary, Ministry of Housing and Urban Affairs and other senior officials from Ministry attended the event..

Source : PIB

Published On : December 28, 2022
A)
Lungisa Fuzile
B)
Bharat Masrani
C)
Harsh Vardhan Sachdev
D)
Baskar Babu Ramachandran

Correct Answer :   Baskar Babu Ramachandran


The Reserve Bank of India has approved the re-appointment of Baskar Babu Ramachandran as MD & CEO of Suryoday Small Finance Bank for three years, with effect from 23 January 2023.

* He has several years of experience in the banking and finance sector.

* Prior to co-founding the Suryoday Micro Finance Private Limited, he had worked with various companies including GE Capital Transportation Financial Services and HDFC Bank.

* Suryoday SFB is a scheduled commercial bank..

Source : Business Standard

Published On : December 28, 2022
A)
Lt. General Harpal Singh
B)
Lt. General Arvind Walia
C)
Lt. General Gurmeet Singh
D)
Lt. General Anil Chauhan

Correct Answer :   Lt. General Arvind Walia


Lieutenant General Arvind Walia has been appointed as the next Engineer-in-Chief of the Indian Army, said Indian Army officials.
 
He would be succeeding Lt Gen Harpal Singh who is superannuating on December 31, 2022.
 
"Lieutenant General Arvind Walia has been appointed as the next Engineer-in-Chief of the Indian Army. He would be succeeding Lt Gen Harpal Singh who is superannuating on December 31," the Indian Army officials said..

Source : ANI

Published On : December 27, 2022
A)
Bangladesh
B)
China
C)
Nepal
D)
Sri Lanka

Correct Answer :   Bangladesh


With an aim to boost twi-way commerce and investments, India and Bangladesh on Thursday(22nd Dec 2022) agreed to start negotiations for a free trade agreement at an early date.

The decision was taken in a meeting between Commerce and Industry Minister Piyush Goyal and his Bangladeshi counterpart Tipu Munshi.
 
A joint feasibility study on the agreement, officially dubbed the Comprehensive Economic Partnership Agreement (CEPA), has been carried out after the two countries agreed to explore the possibility of negotiating a trade pact.
 
In an official statement, the Commerce ministry said, "study confirmed the CEPA would provide a sound basis for substantial enhancement of trade and commercial partnership between the two countries... Both sides agreed to start the CEPA discussions at an early date."
 
In such an agreement, the two countries either significantly reduce or eliminate customs duties on the maximum number of goods traded between them. Besides, they ease norms for promoting trade in services and attracting investments.
 
The bilateral trade between India and Bangladesh increased to USD 18.2 billion (USD 16.2 billion exports and USD 2 billion imports) in 2021-22 as against USD 10.8 billion in 2020-21..

Source : Live Mint

Published On : December 27, 2022
A)
25 December
B)
26 December
C)
27 December
D)
28 December

Correct Answer :   27 December


International Day of Epidemic Preparedness on December 27 serves the purpose of creating awareness about epidemics.

This day encourages every individual, every institution, and every government to prepare its citizens in an appropriate manner and in accordance with national contexts and priorities, through education and awareness-raising activities, in order to highlight the importance of the prevention of, preparedness for, and partnership against epidemics.
 
International Day of Epidemic Preparedness 2022 Significance : The International Day of Epidemic Preparedness reminds us what we went through during the two years of peak-COVID infections.

Hospitals were overwhelmed. Family members could not conduct the last rites of their loved ones. Such grim situations could be avoided in the future if people remain alert and prepared.
 
International Day of Epidemic Preparedness History : In its 75th session and 36th plenary meeting on December 7, 2020, the United Nations General Assembly (UNGA) passed a resolution which declared December 27 as the International Day of Epidemic Preparedness.

The decision is part of the 2030 Agenda for Sustainable Development. The declaration recognised the “devastating impacts of major infectious diseases and epidemics,” especially of the current COVID-19 pandemic, on people’s lives and the long-term damage to social and economic development.

The UN General Assembly also noted how the present pandemic had overwhelmed the medical faculty and health systems globally, disrupted supply chains and disproportionately affected the livelihoods of people in poorer countries..

Source : News18

Published On : December 27, 2022
A)
CBIC
B)
SEBI
C)
CBDT
D)
Enforcement Directorate

Correct Answer :   CBIC


The Central Board of Indirect Taxes and Customs (CBIC) has constituted the much-awaited Customs, Central Excise & Service Tax Settlement Commission to resolve and settle the show-cause notices issued under the Customs Act, Central Excise Act and Service Tax regime.

The move would bring expeditious disposal of cases where demand has been raised under the old indirect tax regime. The Central Excise Act and Service Tax were replaced with the current Goods and Service Tax (GST) law from 1st July, 2017.

”Customs, Central Excise & Service Tax Settlement Commission-A Filip to Alternative Dispute Resolution Mechanism for expeditious settlement of Show Cause Notices issued under Customs Act/Central Excise Act/Service Tax,” the CBIC tweeted from its official twitter handle.

The Competent Authority constituted Settlement Commission Benches at Delhi, Mumbai, Chennai & Kolkata to provide Alternative Dispute Resolution Mechanism for expeditious settlement of show cause notices issued in cases under Customs Act & Central Excise Act..

Source : Taxscan

Published On : December 27, 2022
A)
RBI
B)
World Bank
C)
World Economic Forum
D)
Centre for Economics and Business Research (CEBR)

Correct Answer :   Centre for Economics and Business Research (CEBR)


The Centre for Economics and Business Research (CEBR), which is a UK-based economics consultancy, predicted that India will become the third-largest economy by 2037.

14th edition of the report noted that over the next five years, the annual rate of GDP growth is expected to average 6.4%. After that, the growth is expected to average 6.5% in the subsequent nine years.
 
What The Report Highlighted :

As per the report, India seems “unstoppable in its momentum” to become the third economic superpower. The report has predicted that in 2035, India will become the third $10 trillion economy.

While commenting on the Chinese economy, the report said that despite modest output performance in 2022, inflation was at an anticipated 11.6%. The Chinese economy, therefore, faces a potential stagflationary trade-off between growth and price rises.

In last year’s report, it was mentioned that India will regain its position from France and the South Asian nation will witness an improvement in its World Economic League Table (WELT) ranking over the next 15 years.

Like the world, India also faced the wrath of the coronavirus (COVID-19) pandemic as the nation has the third-highest death toll globally. In the beginning, the pandemic caused a significant decline in economic activity, with output contracting by 6.6% in the fiscal year 2020/21.

But in the post-pandemic times, countries are now looking to revive their economy, and so is India. The report mentioned that a sharp rebound in economic activity in the post-pandemic era was led by a rise in domestic demand. It has resulted in GDP growing by 8.7% in the fiscal year 2021/22, making India the fastest-growing major economy in the world.

Despite decelerating global demand and tightening monetary policy to curb inflationary pressures, the report states that India is expected to grow in the fiscal year 2022/23 at 6.8%. This would bring output 8.4% above 2019 levels.

Over the next five years, the annual rate of GDP growth is expected to average 6.4%, after which growth is expected to average 6.5% in the subsequent nine years.

The reported growth trajectory will see India rise from fifth place on the WELT in 2022 to third in the global rankings by 2037..

Source : Economic Times

Published On : December 27, 2022