Q.1) Which two institutions signed an MoU to improve logistics and inventory management in public sector?
[a] NITI Aayog and IIT Mumbai
[b] CAG and IIM Mumbai
[c] RBI and IIM Bangalore
[d] Ministry of Commerce and ISB Hyderabad
View Answer
Answer: [b] CAG and IIM Mumbai
Explanation:
Comptroller and Auditor General (CAG) of India and Indian Institute of Management (IIM) Mumbai have signed an MoU to enhance public sector logistics, supply chain, and inventory management. This collaboration aims to improve transparency, operational efficiency, and accountability in government procurement and resource utilization.
By leveraging academic expertise and data-driven strategies, this initiative will help streamline logistics operations, reduce inefficiencies, and optimize public sector supply chain management, ultimately leading to better governance and fiscal responsibility.
Q.2) Which state-owned company is responsible for the procurement of the Nag Missile System (NAMIS)?
[a] Bharat Electronics Limited (BEL)
[b] Armoured Vehicles Nigam Limited (AVNL)
[c] Hindustan Aeronautics Limited (HAL)
[d] Bharat Dynamics Limited (BDL)
View Answer
Answer: [b] Armoured Vehicles Nigam Limited (AVNL)
Explanation:
Defence Ministry has signed contracts worth ₹2,500 crore for two major defense procurements:
Nag Missile System (NAMIS): A tracked anti-tank weapon platform developed by Armoured Vehicles Nigam Limited (AVNL), designed to enhance India’s capability in anti-tank warfare.
Light Vehicles: The MoD has signed contracts with Force Motors Ltd and Mahindra & Mahindra Ltd for 5,000 light vehicles, aimed at improving mobility for armed forces personnel.
These procurements align with Atmanirbhar Bharat initiative, strengthening indigenous defense manufacturing and enhancing India’s military preparedness.
Q.3) The 155mm/52 calibre Advanced Towed Artillery Gun System (ATAGS) is primarily designed for which of the following purposes?
[a] Air defense
[b] Naval combat
[c] Long-range artillery firepower
[d] Close-quarter combat
View Answer
Answer: [c] Long-range artillery firepower
Explanation:
The Ministry of Defence (MoD) has signed contracts worth ₹6,900 crore to boost the Indian Army’s artillery firepower. These acquisitions will significantly strengthen India’s artillery capabilities, ensuring greater firepower, range, and accuracy for the Indian Army.
The procurement includes:
High Mobility 6×6 Gun Towing Vehicles to enhance the operational mobility of the ATAGS, making them more effective on diverse terrains.
155mm/52 calibre Advanced Towed Artillery Gun Systems (ATAGS) from Bharat Forge Limited and Tata Advanced Systems Limited, ensuring indigenous defense production under Make in India.
Q.4) What is the primary objective of the partnership between Bank of India (BoI) and New India Assurance Co Ltd?’
[a] To promote life insurance policies
[b] To offer general insurance products to BoI customers
[c] To provide home loan subsidies
[d] To launch new investment funds
View Details
Answer: [b] To offer general insurance products to BoI customers
Explanation:
The Bank of India (BoI) and New India Assurance Co Ltd have signed a strategic partnership to expand the availability of general insurance products to BoI customers.
New India Assurance, a public sector general insurance company, will offer various non-life insurance products like motor insurance, health insurance, travel insurance, and property insurance through BoI’s network. The move aims to enhance customer convenience by integrating banking and insurance services. This partnership is part of a larger effort to increase insurance penetration in India and provide financial protection to individuals and businesses.
Q.5) Bandhan Bank signed an MoU with which armed force for the Shaurya Salary Account?
[a] Indian Army
[b] Indian Navy
[c] Indian Air Force
[d] Central Reserve Police Force
View Answer
Answer: [c] Indian Air Force
Explanation:
Bandhan Bank has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to introduce the Shaurya Salary Account, a corporate salary account tailored for defence personnel.
This initiative aims to provide exclusive financial benefits to IAF personnel, such as zero balance accounts, higher interest rates, insurance cover, and loan benefits.Bandhan Bank, a private sector bank headquartered in Kolkata, is expanding its reach in the defence segment through such specialized banking services. The partnership aligns with efforts to enhance financial security and convenience for India’s armed forces personnel.
Q.6) Indian Railway Finance Corporation (IRFC) signed a ₹5,000 crore loan agreement with which company for renewable energy projects?
[a] Power Grid Corporation of India
[b] NTPC Renewable Energy Ltd
[c] Adani Green Energy
[d] Tata Power Renewable Energy
View Answer
Answer: [b] NTPC Renewable Energy Ltd
Explanation:
Indian Railway Finance Corporation (IRFC), the financing arm of Indian Railways, has signed a ₹5,000 crore Rupee Term Loan (RTL) agreement with NTPC Renewable Energy Limited (NTPC REL). NTPC REL, a wholly owned subsidiary of NTPC Green Energy Ltd (NTPC GEL), will use this funding for ongoing and new capacity expansion projects in the renewable energy sector. This partnership aligns with India’s green energy transition goals, boosting the nation’s renewable energy capacity and promoting sustainable power generation.
Q.7) Which Indian institution won the National Intellectual Property Award 2024 for patents?
[a] IIT Bombay
[b] IIT Madras
[c] IIT Kanpur
[d] IISc Bangalore
View Answer
Answer: [c] IIT Kanpur
Explanation:
IIT Kanpur (IIT-K) received the National Intellectual Property (IP) Award 2024 in the category of Indian Academic Institution – Patents, reinforcing its reputation as a hub for cutting-edge research and innovation. National IP Awards are organized by the Ministry of Commerce & Industry, aiming to recognize outstanding contributions in the field of intellectual property and patents.
World Intellectual Property Organization (WIPO) IP Enterprises Trophy for 2024 was awarded to Jio Platforms Limited and Tata Steel Limited, highlighting their excellence in utilizing IP for business growth. These awards showcase India’s growing focus on intellectual property protection and innovation, encouraging more institutions and enterprises to strengthen their IP portfolios.
Q.8) Jay Bhattacharya has been appointed as the Director of which major U.S. health institution?
[a] Centers for Disease Control and Prevention (CDC)
[b] National Institutes of Health (NIH)
[c] Food and Drug Administration (FDA)
[d] World Health Organization (WHO)
View Answer
Answer: [b] National Institutes of Health (NIH)
Explanation:
Jay Bhattacharya, an Indian-American scientist, has been confirmed as the Director of the National Institutes of Health (NIH), the premier U.S. health research and funding institution. NIH plays a crucial role in medical and scientific research, providing funding for various health-related studies and advancements.
Dr. Bhattacharya is a professor of Health Policy at Stanford University and has gained recognition for his research in public health, medicine, and policy analysis.
Q.9) Former ED Sanjay Kumar Mishra has been appointed as a full-time member of which advisory body?
[a] NITI Aayog
[b] Economic Advisory Council to the Prime Minister (EAC-PM)
[c] Finance Commission of India
[d] Reserve Bank of India (RBI) Monetary Policy Committee
View Answer
Answer: [b] Economic Advisory Council to the Prime Minister (EAC-PM)
Explanation:
Sanjay Kumar Mishra, former Enforcement Directorate (ED) chief, has been appointed as a full-time member of the Economic Advisory Council to the Prime Minister (EAC-PM). His appointment comes after the passing of EAC-PM chairman Bibek Debroy in November 2024, leaving a vacancy in the advisory body.
EAC-PM is responsible for providing economic advice to the Prime Minister on economic policy, growth, and financial matters. The members of EAC-PM are appointed by the Prime Minister based on their expertise in economics, finance, and policy analysis.
Q.10) The successful testing of VL-SRSAM will enhance which branch of the Indian Armed Forces?
[a] Indian Army
[b] Indian Air Force
[c] Indian Navy
[d] Border Security Force
View Answer
Answer: [c] Indian Navy
Explanation:VL-SRSAM (Vertically Launched Short-Range Surface-to-Air Missile) is an indigenously developed air defense missile system designed to neutralize aerial threats like enemy aircraft and drones. It was successfully tested at the Integrated Test Range (ITR), Chandipur, Odisha.
Developed by DRDO, this missile system is designed for the Indian Navy to bolster its defensive capabilities against aerial threats. The missile system features a vertical launch mechanism, allowing rapid response and enhanced accuracy in combat situations.