Free Current Affairs for UPSC: Pariksha Saarathi presents only need to know Current Affairs in Quiz format, for all dedicated students and readers preparing for various competitive exams such as UPSC, BANKS, SSC & Railways
Q.1) What is the name of the event organized by the Ministry of Textiles in December 2024?
(a) Viraasat Sari Festival 2024
(b) Handloom Expo 2024
(c) Textile Fair 2024
(d) Indian Weave Festival 2024
Q.2) What is the name of the policy unveiled by the Union Minister of Ports, Shipping & Waterways for cargo promotion?
(a) Jalvahak
(b) Waterway Express
(c) Cargo Connect
(d) River Route
Q.3) What is the highest-ever aggregate net profit recorded by Public Sector Banks (PSBs) in India for the financial year 2023-24?
(a) ₹1 lakh crore
(b) ₹1.41 lakh crore
(c) ₹1.25 lakh crore
(d) ₹1.5 lakh crore
Q.4) What is the new limit for collateral-free agricultural loans set by the Reserve Bank of India?
(a) 1 lakh rupees
(b) 1.5 lakh rupees
(c) 2 lakh rupees
(d) 2.5 lakh rupees
Q.5) Who has been elected as the next president of Georgia?
(a) Mikheil Saakashvili
(b) Giorgi Margvelashvili
(c) Mikheil Kavelashvili
(d) Salome Zourabichvili
Answers:
Ans.1(a), Ministry of Textiles, Government of India is organizing the third edition of the Mega event “Viraasat Sari Festival 2024”, from 15th – 28th December 2024, at Handloom Haat, Janpath, New Delhi.
Ans.2(a), The Union Minister of Ports, Shipping & Waterways (MoPSW), Shri Sarbananda Sonowal unveiled a major policy for Cargo Promotion – ‘Jalvahak’ – incentivising movement of long haul cargo via National Waterways 1 (river Ganga) as well as for National Waterways 2 (river Brahmaputra) and National Waterways 16 (river Barak) here today.
Ans.3(b), Public Sector Banks (PSBs) in India have achieved a remarkable milestone by recording their highest-ever aggregate net profit of ₹1.41 lakh crore in the financial year 2023-24. This landmark achievement reflects the sector’s robust turnaround, underpinned by a significant improvement in asset quality. The Gross Non-Performing Assets (GNPA) ratio steeply declined, dropping to 3.12% in September 2024.
Ans.4(c), The Reserve Bank of India has announced an increase in the limit for collateral-free agricultural loans from 1.6 lakh to 2 lakh rupees. It will be effective from 1st January next year.
Ans.5(c), Mikheil Kavelashvili has been elected as the next president of Georgia, amid mounting anger over the government’s halt to the European Union accession process until 2028. Mikheil Kavelashvili is a former footballer and MP from the ruling Georgian Dream party.