Current Affairs One - Liner : 4th January 2025

Published on January 04, 2025
  • National:
    • On January 2, 2025, India announced USD 500,000 in relief assistance to Vanuatu after a devastating 7.4 magnitude earthquake on December 17, 2024. The aid supports relief, rehabilitation, and reconstruction efforts in the affected areas.
Current Affairs One - Liner : 4th January 2025
    • The Maharashtra government launched the 'Reading Resolution Maharashtra' initiative on January 1, 2025. This 15-day campaign aims to promote reading among students by encouraging them to read books beyond their syllabus. Activities include group reading sessions, storytelling, and book discussions.
  • Banking:
    • Federal Bank launched FedOne, a digital platform for corporate banking, on January 2, 2025. Developed with Nucleus Software, FedOne aims to enhance treasury operations, improve working capital management, and provide faster service delivery for corporate clients.
    • The Department for Promotion of Industry and Internal Trade (DPIIT) partnered with Stride Ventures on January 4, 2025. This collaboration aims to accelerate the growth and global expansion of Indian startups by providing financial support, strategic mentorship, and market access.
  • MoUs:
    • On January 1, 2025, the Union Cabinet approved an MoU for the trade of Non-Basmati White Rice between India and Indonesia. This agreement allows for the annual export of 1 million tonnes of non-basmati white rice to Indonesia at the prevailing international price. The initiative aims to strengthen trade relations and improve the trade balance between the two countries.
  • Appointments:
    • Faiz Ahmed Kidwai, a 1996-batch IAS officer from Madhya Pradesh, was appointed as the Director General of the Directorate General of Civil Aviation (DGCA) on January 3, 2025. He was previously Additional Secretary in the Department of Agriculture and Farmers Welfare.

Questions:

1 Who has been appointed as the Director General of the Directorate General of Civil Aviation (DGCA) on January 3, 2025?

  • A) Sanjay Kumar Mishra
  • B) Faiz Ahmed Kidwai
  • C) Rajiv Bansal
  • D) Vinod Kumar Yadav

2 What is one of the primary goals of the FedOne platform launched by Federal Bank?

  • A) Increase retail banking branches
  • B) Enhance treasury operations
  • C) Launch new insurance products
  • D) Offer personal loans
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