Current Affairs Questions and Answers 12 January 2024

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12 January 2024 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 12 January 2024. These types of topics are important for candidates who prepare for Bank Exam 2023. In this article, we are covering the following topics Headlines:

“Ramlala Darshan” scheme
Atpadi Conservation Reserve
27th National Youth Festival
PAiSA dashboard and PM SVANidhi portal
Union Budget 2024
Henley Passport Index
PNB Housing Finance’s NCD ratings

12th January Current Affairs 2024 Quiz

The Current Affairs 2023 section constitutes a major part of the General Awareness section in a competitive examination and plays an instrumental role. To supplement your preparation for the General Awareness Section of the upcoming exams like IBPS PO/Clerk Mains, SBI PO Mains and SEBI Grade A Prelims, we are providing you 12th January Current Affairs 2024 Quiz covering the following topics Headlines: “Ramlala Darshan” scheme, Atpadi Conservation Reserve, 27th National Youth Festival, PAiSA dashboard and PM SVANidhi portal, Union Budget 2024, Henley Passport Index, PNB Housing Finance’s NCD ratings.

Q1. Who launched the “Ramlala Darshan” scheme?

(a) Indian Railways

(b) Chhattisgarh Tourism Board

(d) The Ayodhya Temple Trust

(e) Chhattisgarh Chief Minister Vishnu Deo Sai

Q2. Where is the Atpadi Conservation Reserve located?

(a) Eastern Maharashtra

(b) Mumbai, Maharashtra

(d) Western Ghats, Karnataka

(e) Southern tip of India

Q3. The acronym “NABARD” stands for:

(a) National Bank for Agriculture and Rural Development

(b) National Advisory Board for Agricultural Resources and Development

(d) National Asset Bank for Agricultural Resource Development

(e) National Agriculture and Banking Reform Directorate

Q4. By how much is the global unemployment rate expected to rise in 2024, according to the ILO?

(a) 0.1%

(b) 0.2%

(d) 0.5%

(e) 1.0%

Q5. Who will inaugurate the 27th National Youth Festival in Nashik, Maharashtra, on January 12th, 2024?

(a) President of India

(b) Chief Minister of Maharashtra

(d) Union Minister for Youth Affairs

(e) Swami Vivekananda

Q6. What was the total amount of Goods and Services Tax (GST) collections in December 2023?

(a) ₹1,49,507 crore

(b) ₹1,64,882 crore

(d) ₹1,6-lakh crore

(e) ₹1,40,000 crore

Q7. Who initiated the collaboration between India, Mauritius, and Bangladesh in polar research?

(a) The National Centre for Polar and Ocean Research (India)

(b) The Colombo Security Conclave

(d) Individual scientists from each country

(e) An independent research consortium

Q8. By what initiative is the Peregrine-1 mission conducted?

(a) Apollo Program

(b) CLPS Initiative

(d) Starship Project

(e) Lunar Gateway Project

Q9. Who launched the PAiSA dashboard and PM SVANidhi portal for street vendors?

(a) Prime Minister of India

(b) Finance Minister of India

(d) Secretary, Ministry of Housing & Urban Affairs

(e) None of the above

Q10. Who will present the Union Budget 2024 on February 1st?

(a) The President of India

(b) The Prime Minister of India

(d) The Speaker of Lok Sabha

(e) The Finance Minister of India (Nirmala Sitharaman)

Q11. What was the year-on-year growth in UPI transaction value in December?

(a) 42%

(b) 54%

(d) 40%

(e) 13%

Q12. Which group of countries currently shares the top spot in the Henley Passport Index, with visa-free access to 194 destinations?

(a) France, Germany, Italy, Japan, Singapore, and Spain

(b) Finland, Sweden, South Korea

(d) Belgium, Luxembourg, Norway, Portugal, and United Kingdom

(e) Greece, Malta, and Switzerland

Q13. What does the abbreviation ‘CRR’ represent in the context of Indian banking?

(a) Capital Reconstruction Reserve

(b) Credit Rating Ratio

(d) Central Regulatory Restriction

(e) Commercial Risk Reserve

Q14. How many countries can Indian passport holders access visa-free in 2024?

(a) 194

(b) 193

(d) 62

(e) 50

Q15. Who is the first woman from Rajasthan to receive the prestigious Arjuna Award for exceptional contribution to equestrian sports?

(a) Priya Gupta

(b) Divyakriti Singh

(d) Rani Singh

(e) Sunita Sharma

Solutions

S1. Ans.(e)

Sol. The Chhattisgarh Chief Minister announced the scheme during a cabinet meeting.

S2. Ans.(c)

Sol. The Maharashtra government has established a crucial new wildlife habitat in Sangli district, aptly named the Atpadi Conservation Reserve.

S3. Ans.(a)

Sol. NABARD stands for National Bank for Agriculture and Rural Development. It focuses on the development of the rural economy by providing financial and developmental support to agriculture and allied sectors.

S4. Ans.(a)

Sol. The global unemployment rate will reach 5.2% in 2024, compared to 5.1% in 2023. This translates to a 0.1% increase.

S5. Ans.(c)

Sol. Prime Minister Narendra Modi will inaugurate the 27th National Youth Festival in Nashik, Maharashtra, on January 12th, 2024. The theme of the festival is “MYBharat-ViksitBharat@2047 – By the Youth, For the Youth.”

S6. Ans.(b)

Sol. December 2023 witnessed robust Goods and Services Tax (GST) collections in India, reaching ₹1,64,882 crore, showcasing a 10.28% increase from the previous year.

S7. Ans.(b)

Sol. The Colombo Security Conclave served as the platform for initiating and fostering scientific partnerships among member nations, leading to collaborative efforts in polar research.

S8. Ans.(b)

Sol. The Peregrine-1 mission is conducted under NASA’s Commercial Lunar Payload Services (CLPS) initiative.

S9. Ans.(c)

Sol. Union Minister Hardeep S. Puri launched PAiSA Dashboard & PM SVANidhi Portal to empower street vendors and ensure transparency. PAiSA Dashboard provides real-time updates on PM SVANidhi Mission, while PM SVANidhi Portal offers data and insights on the scheme’s implementation.

S10. Ans.(e)

Sol. The Finance Minister holds the responsibility of presenting the Union Budget to Parliament.

S11. Ans.(a)

Sol. 42%, as the UPI transaction value saw a substantial 42% increase compared to the same month last year.

S12. Ans.(a)

Sol. In a significant development, France, Germany, Italy, Japan, Singapore, and Spain share the top spot in the quarterly ranking of the world’s most powerful passports.

S13. Ans.(c)

Sol. Cash Reserve Ratio. CRR is the portion of a bank’s deposits that must be kept in reserve with the central bank, and it helps in controlling inflation and stabilizing the economy.

S14. Ans.(d)

Sol. India secures the 80th position, with visa-free access to 62 countries.

S15. Ans.(b)

Sol. In a historic moment for Indian sports, the accomplished equestrian athlete, Divyakriti Singh, has been conferred with the prestigious Arjuna Award, making her the first woman from Rajasthan to achieve this honour.