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Current Affairs One - Liner : 21st January 2025

Published on January 21, 2025
  • National:
    • Startup India celebrated its 9th anniversary on January 16, 2025. Since its inception, it has recognized 1.59 lakh startups and created 16.6 lakh direct jobs. This achievement has positioned India as the third-largest startup ecosystem globally.
Current Affairs One - Liner : 21st January 2025
    • On January 17, 2025, the India Semiconductor Mission (ISM), CG Power and Industrial Solutions Ltd., and CG Semi Pvt. Ltd. signed a Fiscal Support Agreement (FSA) for a ₹7600 crore semiconductor OSAT project in Sanand, Gujarat. This collaboration aims to bolster India's semiconductor manufacturing ecosystem.
    • On January 15, 2025, the United States removed Bhabha Atomic Research Centre (BARC), Indian Rare Earths (IRE), and Indira Gandhi Atomic Research Centre (IGCAR) from its Entity List. This move aims to enhance nuclear energy and critical minerals cooperation between the US and India.
    • On January 20, 2025, the Government of India launched Entity Locker. Developed by the National eGovernance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY), it aims to streamline the management, verification, and storage of business documents.
    • Union Minister G Kishan Reddy announced on January 20, 2025, that the Centre will soon launch the National Critical Mineral Mission (NCMM). The mission aims to enhance domestic production, reduce import dependence, and encourage offshore mining auctions.
    • On January 20, 2025, the Ministry of Commerce and Industry announced that India is currently the world's seventh-largest producer of coffee. This milestone was achieved in FY24 (2023-24), with exports reaching $1.29 billion.
    • On January 20, 2025, the Uttarakhand Cabinet, led by Chief Minister Pushkar Singh Dhami, approved the Uniform Civil Code (UCC) manual. This manual aims to unify personal laws related to marriage, divorce, and inheritance for all citizens, regardless of religion.
  • International:
    • On January 17, 2025, Nigeria officially joined the BRICS group as the 9th partner country. This partnership aims to enhance cooperation in areas such as infrastructure development, energy security, trade, investment, technology, and climate change.
  • Banking:
    • Shriram Life Insurance launched the Sunishchit Laabh Savings Plan on January 16, 2025. It guarantees high returns of up to 668% of the total premium paid and offers flexible entry options for individuals aged 30 days to 60 years, with tax-free maturity income payouts for up to 40 years.
  • Summits & Conferences:
    • On January 20-21, 2025, the 3rd National Mining Ministers’ Conference was held in Konark, Odisha. Organized by the Ministry of Mines and the Government of Odisha, it gathered over 16 State Mining Ministers and stakeholders. The theme was "Viksit Bharat 2047", focusing on sustainable and eco-friendly mining. The aim was to foster collaboration for efficient, safe, and eco-friendly mining operations nationwide.
  • Committees:
    • On January 20, 2025, the Reserve Bank of India (RBI) formed a new Standing External Advisory Committee (SEAC). Chaired by M K Jain, a former RBI Deputy Governor, the committee will evaluate applications for universal bank and small finance bank licenses.
  • Appointments:
    • On January 20, 2025, Angel One announced Ambarish Kenghe as its new Group CEO, effective March 2025. Kenghe, with experience from Google Pay APAC and Myntra, is expected to drive innovation and growth at Angel One.
    • The Department of Telecommunications (DoT) extended Robert Jerard Ravi's tenure as Chairman and Managing Director (CMD) of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) until April 14, 2025.
  • Books:
    • On January 10, 2025, Amitav Ghosh released his new book, "Wild Fictions." This collection of essays tackles critical issues like climate change and societal challenges, exploring themes of literature, language, and human experiences.

Questions:

1 Who has been appointed as the new Group CEO of Angel One, effective March 2025?

  • A) Sundar Pichai
  • B) Ambarish Kenghe
  • C) Nandan Nilekani
  • D) Ritesh Agarwal

2 What position did India achieve globally in coffee production as announced by the Ministry of Commerce and Industry on January 20, 2025?

  • A) Fifth
  • B) Sixth
  • C) Seventh
  • D) Eighth
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