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20 December 2024 current affairs

Bharat Mobility Global Expo 2025 🚗🌏

  • What’s Happening? The Bharat Mobility Global Expo 2025 will take place from January 17-22 across Delhi NCR, marking India’s growing role as a global hub for mobility.
  • Why It Matters: With over 1,500 exhibitors and an expected 500,000 visitors, the event will showcase new models focusing on electric vehicles (EVs), hybrid technologies, and alternative fuels.

India and France Collaborate to Establish World’s Largest Museum 🏛️🌍

  • What’s Happening? The Ministry of Culture, in partnership with France Museums Développement (FMD), has launched a project to develop the Yuga Yugeen Bharat National Museum as a global cultural landmark.
  • Why It Matters: Spanning approximately 1,55,000 square meters across the North and South Blocks in New Delhi, the museum will celebrate India’s civilizational history and serve as a cornerstone of the Central Vista Redevelopment Project.

Masali: India’s First Border Solar Village 🌞🏡

  • What’s Happening? Masali, a village in Gujarat’s Banaskantha district, has become India’s first ‘solar village’ located near the border.
  • Why It Matters: With an investment of ₹1.16 crore, the project involves the installation of solar panels on 199 rooftops, ensuring 100% solar power generation for the village.

RBI Discontinues Specific Rs 5 Coins from Circulation 💰🔄

  • What’s Happening? The Reserve Bank of India (RBI) has decided to withdraw a specific type of Rs 5 coin from circulation due to specific challenges and concerns.
  • Why It Matters: This decision is part of the broader shift towards digital payments and reducing the need for small denominations.

Federal Bank Partners with Ecofy for Green Financing 🌱💼

  • What’s Happening? Federal Bank has partnered with Ecofy, India’s first green-only non-banking financial company (NBFC), to provide innovative financing solutions for MSMEs investing in commercial rooftop solar installations.
  • Why It Matters: This collaboration aims to promote sustainable energy solutions and support small and medium enterprises in their green initiatives.

Reappointment of Dr. Shankar Prasad Sharma as Nepal’s Ambassador to India 🇳🇵🇮🇳

  • What’s Happening? Nepal’s President, Ram Chandra Paudel, has officially reappointed Dr. Shankar Prasad Sharma as the Resident Ambassador of Nepal to India.
  • Why It Matters: This reappointment highlights the strong diplomatic ties between Nepal and India.

ADB Loan for Coastal Protection in Maharashtra 🌊💰

  • What’s Happening? The Central government and the Asian Development Bank (ADB) have signed a $42 million loan agreement to bolster coastal and riverbank protection in Maharashtra.
  • Why It Matters: This initiative aims to enhance the resilience of coastal communities and ecosystems by employing hybrid approaches, such as offshore reefs, rock protection works, and nature-based solutions like beach and dune nourishment.

Withdrawal of Specific Rs 5 Coins from Circulation 💰🔄

  • What’s Happening? The Reserve Bank of India (RBI) has decided to withdraw a specific type of Rs 5 coin from circulation due to specific challenges and concerns.
  • Why It Matters: This decision is part of the broader shift towards digital payments and reducing the need for small denominations.

Federal Bank Partners with Ecofy for Green Financing 🌱💼

  • What’s Happening? Federal Bank has partnered with Ecofy, India’s first green-only non-banking financial company (NBFC), to provide innovative financing solutions for MSMEs investing in commercial rooftop solar installations.
  • Why It Matters: This collaboration aims to promote sustainable energy solutions and support small and medium enterprises in their green initiatives.

Reappointment of Dr. Shankar Prasad Sharma as Nepal’s Ambassador to India 🇳🇵🇮🇳

  • What’s Happening? Nepal’s President, Ram Chandra Paudel, has officially reappointed Dr. Shankar Prasad Sharma as the Resident Ambassador of Nepal to India.
  • Why It Matters: This reappointment highlights the strong diplomatic ties between Nepal and India.

Multiple-Choice Questions (MCQs) 📝

1. When will the Bharat Mobility Global Expo 2025 take place?

  • a) January 1-10
  • b) January 17-22
  • c) February 1-5
  • d) February 15-20
  • Answer: b) January 17-22

2. Which country is collaborating with India to establish the world’s largest museum?

  • a) United States
  • b) France
  • c) Germany
  • d) United Kingdom
  • Answer: b) France

3. Which village in Gujarat has become India’s first ‘solar village’ near the border?

  • a) Masali
  • b) Rajkot
  • c) Surat
  • d) Vadodara
  • Answer: a) Masali

4. What decision has the Reserve Bank of India (RBI) made regarding a specific type of Rs 5 coin?

  • a) Introduce new Rs 5 coins
  • b) Withdraw a specific type of Rs 5 coin from circulation
  • c) Increase the production of Rs 5 coins
  • d) Change the design of Rs 5 coins
  • Answer: b) Withdraw a specific type of Rs 5 coin from circulation

5. Which bank has partnered with Ecofy for green financing?

  • a) State Bank of India
  • b) HDFC Bank
  • c) Federal Bank
  • d) ICICI Bank
  • Answer: c) Federal Bank

6. Who has been reappointed as Nepal’s Ambassador to India?

  • a) Ram Chandra Paudel
  • b) Shankar Prasad Sharma
  • c) K.P. Sharma Oli
  • d) Bidhya Devi Bhandari
  • Answer: b) Shankar Prasad Sharma

7. Which organization signed a $42 million loan agreement with the Central government for coastal protection in Maharashtra?

  • a) World Bank
  • b) International Monetary Fund (IMF)
  • c) Asian Development Bank (ADB)
  • d) United Nations Development Programme (UNDP)
  • Answer: c) Asian Development Bank (ADB)

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