RBI Signs $400 Million Currency Swap with Maldives: The Reserve Bank of India and the Maldives Monetary Authority have agreed on a currency swap arrangement, allowing the Maldives access to USD/INR swaps up to $400 million.
Dipa Karmakar Retires from Gymnastics: Indian gymnast Dipa Karmakar, who was celebrated for her performance in the 2016 Rio Olympics, has officially announced her retirement from the sport.
Indian Navy Ships Reach Muscat for Training Deployment: The Indian Navy’s First Training Squadron, including the ships Tir and Shardul, has arrived in Muscat, Oman, for maritime cooperation exercises.
Malabar 2024 Naval Exercise Begins: India is hosting the annual Malabar naval exercise with participation from the U.S., Japan, and Australia, focusing on anti-submarine warfare and air defense.
HDFC Bank Sells Stake in HDFC Edu: HDFC Bank has divested its 100% stake in HDFC Education and Development Services for ₹192 crore as part of its post-merger strategy.
India-UAE Digital Payment Integration: The UAE’s AANI payment system and India’s UPI will be linked for easier cross-border transactions, benefiting over 3 million Indians in the UAE.
Assam Launches Nijut Moina Scheme Against Child Marriage: The scheme provides financial support to families to combat child marriage, aiming to empower young girls to pursue education.
RBI Extends Tenure of Deputy Governor M. Rajeshwar Rao: The government has extended his term by another year, underscoring his role in India’s financial sector reforms.
Reliance Launches Augustinus Bader Products in India: The premium skincare brand Augustinus Bader has entered the Indian market via Reliance’s beauty platform, Tira.
India’s E-Commerce Market Expected to Hit $325 Billion by 2030: A Deloitte report projects this significant growth, driven by digital adoption and increased spending.
Supreme Court Strikes Down Caste-Based Prison Labor: The Supreme Court of India ruled that caste-based labor divisions in prison manuals violate prisoners’ fundamental rights.
WHO Holds 77th South-East Asia Regional Committee Meeting in New Delhi: India hosts the meeting, with health leaders from the region discussing public health challenges.
CBDT Forms Committee for Income Tax Act Review: The Central Board of Direct Taxes has set up a committee to simplify the Income Tax Act and reduce compliance burdens.
JP Nadda Launches Expanded TB Support Programs: India’s Health Minister announced increased nutrition support for TB patients and expansion of related health initiatives.
Amazon River Levels Reach Record Lows: Severe droughts have drastically reduced water levels, impacting ecosystems and local communities dependent on the river.
Adoption of High-Performance Buildings in Urban India: Sustainable building practices are gaining momentum, focusing on energy efficiency and occupant well-being.
India Hosts Science and Tech Ministers’ Meeting for G20 Countries: New Delhi is set to host G20 science and technology ministers for discussions on innovation and collaboration.
India Joins International Association for Hydrogen Energy: India aims to accelerate its hydrogen economy as part of its transition to renewable energy sources.
South Korea Offers India Support on Semiconductor Manufacturing: During bilateral talks, South Korea pledged to aid India’s burgeoning semiconductor industry.
India and France Agree on Enhanced Space Collaboration: Both nations have agreed to collaborate on space missions, including satellite launches and research initiatives.
- Which country signed a $400 million currency swap agreement with the Reserve Bank of India?
a) Sri Lanka
b) Maldives
c) Nepal
d) Bangladesh- Answer: b) Maldives
- Which Indian gymnast announced her retirement on October 8, 2024?
a) Dipa Karmakar
b) Mary Kom
c) Saina Nehwal
d) Sakshi Malik- Answer: a) Dipa Karmakar
- Which naval exercise, involving India, the U.S., Japan, and Australia, began in October 2024?
a) Varuna
b) Malabar
c) SLINEX
d) Milan- Answer: b) Malabar
- Which Indian bank recently sold its stake in HDFC Education and Development Services?
a) ICICI Bank
b) Axis Bank
c) HDFC Bank
d) SBI- Answer: c) HDFC Bank
- India’s UPI is set to be linked with which UAE payment system?
a) AANI
b) Fawri
c) Paytm
d) Venmo- Answer: a) AANI
- What is the aim of Assam’s newly launched Nijut Moina Scheme?
a) Support sustainable agriculture
b) Encourage child marriage
c) Empower girls through financial aid for education
d) Promote tourism- Answer: c) Empower girls through financial aid for education
- Which Indian Deputy Governor had his tenure extended by one year?
a) Shaktikanta Das
b) M. Rajeshwar Rao
c) Viral Acharya
d) Michael Patra- Answer: b) M. Rajeshwar Rao
- Which premium skincare brand was launched by Reliance in India?
a) Estée Lauder
b) Augustinus Bader
c) Clinique
d) Dermalogica- Answer: b) Augustinus Bader
- India’s e-commerce market is projected to reach what value by 2030?
a) $150 billion
b) $200 billion
c) $325 billion
d) $500 billion- Answer: c) $325 billion
- The Supreme Court of India ruled that caste-based labor divisions in prisons violate which constitutional article?
a) Article 15
b) Article 19
c) Article 21
d) Article 14
- Answer: d) Article 14
- Which international health organization is holding its 77th regional meeting in New Delhi?
a) World Health Organization (WHO)
b) United Nations (UN)
c) UNICEF
d) Red Cross
- Answer: a) World Health Organization (WHO)
- What major initiative has the CBDT recently undertaken?
a) Review of Income Tax Act
b) Implementation of GST 2.0
c) Adoption of UPI 2.0
d) Regulation of digital payments
- Answer: a) Review of Income Tax Act
- Which support program was enhanced for tuberculosis patients in India?
a) Rashtriya Swasthya Bima Yojana
b) Nikshay Poshan Yojana
c) PM Jan Dhan Yojana
d) Ayushman Bharat
- Answer: b) Nikshay Poshan Yojana
- Which river is experiencing historically low water levels due to climate change-induced droughts?
a) Nile
b) Ganga
c) Amazon
d) Mississippi
- Answer: c) Amazon
- Which type of buildings are gaining momentum in India for sustainable urban development?
a) Skyscrapers
b) Eco-friendly Houses
c) High-Performance Buildings
d) Traditional Buildings
- Answer: c) High-Performance Buildings
- India hosted a meeting of G20 ministers focused on which area?
a) Environment
b) Science and Technology
c) Finance
d) Health
- Answer: b) Science and Technology
- Which international association related to renewable energy did India recently join?
a) International Energy Agency
b) OPEC
c) International Association for Hydrogen Energy
d) United Nations Framework on Climate Change
- Answer: c) International Association for Hydrogen Energy
- Which country recently offered support to India’s semiconductor industry?
a) China
b) Japan
c) South Korea
d) Germany
- Answer: c) South Korea
- India and which country agreed to enhance space collaboration in October 2024?
a) USA
b) Russia
c) France
d) UK
- Answer: c) France
- Who signed an MoU with the Indian Department of Posts to expand logistics in India?
a) Amazon
b) Flipkart
c) Alibaba
d) Walmart
- Answer: a) Amazon