AffairsCloud brings you the complete and important daily Current Affairs Quiz 12 December 2024 to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We have prepared the current affairs quiz question from our daily current affairs 2024 updates.
Our Current Affairs December 2024 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Current Affairs Quiz.
Click here for Current Affairs 12 December 2024
- Which of the following points is/are ‘not correct’ with respect to the 55th edition of the International Film Festival of India (IFFI) held from 20th to 28th November 2024 in Panaji, Goa?
A) The theme of IFFI 2024, “Young Filmmakers – The Future is Now,” reflecting the importance of youth in shaping the future of cinema.
B) Lithuanian film ‘Toxic’ bags the most prestigious award of IFFI, the Golden Peacock for Best Feature Film. Toxic is the debut feature of the Lithuanian director and screenwriter Saulė Bliuvaitė.
C) Renowned Australian director Levan Akin was awarded with the Satyajit Ray Lifetime Achievement Award for his excellence in Cinema.
D) Navjyot Bandiwadekar has won the Best Debut Director of an Indian Feature Film Award for his Marathi film ‘Gharat Ganpati’ at the IFFI 2024.
E) Silver Peacock Awards for Best Director won by Sarah Friedland for ‘Familiar Touch’, Best Actor (Male) Clément Faveau for ‘Holy Cow’ and Best Actress Vesta Matulytė and Ieva Rupeikaitė for ‘Toxic’.
1) Only A, B & C
2) Only A, C & D
3) Only C & E
4) Only B & D
5) None of the aboveAnswer-3) Only C & E
Explanation:
The 55th edition of the International Film Festival of India (IFFI) was held from 20th November to 28th November 2024 at Dr. Shyama Prasad Mukherjee Stadium in Panaji, Goa.
The theme of IFFI 2024, “Young Filmmakers – The Future is Now,” reflects the importance of youth in shaping the future of cinema.
Lithuanian film ‘Toxic’ bags the most prestigious award of IFFI, the Golden Peacock for Best Feature Film. Toxic is the debut feature of the Lithuanian director and screenwriter Saulė Bliuvaitė.
Actor Vikrant Massey was conferred the prestigious Indian Film Personality of the Year award at the IFFI 2024.
Renowned Australian director Phillip Noyce was awarded with the Satyajit Ray Lifetime Achievement Award for his excellence in Cinema.
Swedish filmmaker Levan Akin’s CROSSING won the prestigious ICFT–UNESCO Gandhi Medal.
Marathi Web Series ‘Lampan’ directed by Nipun Avinash Dharmadhikari grabs the Best Web Series (OTT) Award at IFFI 2024, for its exceptional storytelling, high production values, and exceptional performances.
Navjyot Bandiwadekar has won the Best Debut Director of an Indian Feature Film Award for his Marathi film ‘Gharat Ganpati’ at the IFFI 2024.
Silver Peacock Awards for Best Director won by Bogdan Muresanu for ‘The New Year That Never Came’, Best Actor (Male) Clément Faveau for ‘Holy Cow’ and Best Actress Vesta Matulytė and Ieva Rupeikaitė for ‘Toxic’. Click here to read more. - Which company builds India’s first green hydrogen fueling station in Leh, Ladakh?
1) Exide Industries Limited
2) Goldstar Power Limited
3) GAIL India Limited
4) Amara Raja Infra Private Limited
5) Reliance Industries LimitedAnswer-4) Amara Raja Infra Private Limited
Explanation:
In November 2024, Union Minister Manohar Lal Khattar, Ministry of Power (MoP) and Ministry of Housing and Urban Affairs (MoHUA) inaugurated India’s first green hydrogen fueling station in Leh, Ladakh. The station was developed by Hyderabad (Telangana) based Amara Raja Infra Private Limited for NTPC Limited(formerly known as National Thermal Power Corporation).
The fueling station produces 80 kilogram(kg) of Green Hydrogen (GH2) per day at an altitude of 3,400 meters(m) above the sea level with temperatures varying between -25°Celsius to 30°Celsius.
NTPC now operates five hydrogen fuel cell buses in the Leh region.
The project aims to provide emission-free transport in the Leh region, placing India among the global leaders in green mobility. - Which of the following points is/are ‘correct’ with respect to the 29th Conference of the Parties to the United Nations (UN) Framework Convention on Climate Change (UNFCCC COP29)?
A) The 29th Conference of the Parties to the United Nations (UN) Framework Convention on Climate Change (UNFCCC COP29) held in Baku, Azerbaijan from 11th to 22nd November 2024.
B) COP29 adopts new operational standards for the global carbon market under Paris Agreement Article 6 to enhance international collaboration for reducing carbon emissions.
C) Iran has launched its first carbon credit exchange at the COP 29 on 12th November 2024.
D) The world’s largest multilateral development banks (MDBs) announced an ambitious new climate finance goal at COP29, pledging to increase funding for low- and middle-income countries to USD 120 billion annually by 2026.
E) United Arab Emirates (UAE) is developing the world’s first ChatGPT tool for the agricultural community.
1) Only A, C & D
2) Only A, B & E
3) Only C & E
4) Only B & D
5) All the aboveAnswer-2) Only A, B & E
Explanation:
The 29th Conference of the Parties to the United Nations (UN) Framework Convention on Climate Change (UNFCCC COP29) took place in Baku, Azerbaijan from 11th to 22nd November 2024. UN Climate Change Executive Secretary Simon Stiell inaugurated COP29.
COP29 adopts new operational standards for the global carbon market under Paris Agreement Article 6 to enhance international collaboration for reducing carbon emissions.
Saudi Arabia, has launched its first carbon credit exchange at the COP 29 on 12th November 2024.
The world’s largest multilateral development banks (MDBs) announced an ambitious new climate finance goal at COP29, pledging to increase funding for low- and middle-income countries to USD 120 billion annually by 2030.
The United Arab Emirates (UAE) has launched the “Global Energy Efficiency Alliance” during COP29 with an aim to double global energy efficiency rates by 2030 and contribute to significant emission reductions.
UAE is developing the world’s first ChatGPT tool for the agricultural community.
India and Italy launched a five-year strategic action plan outlining specific initiatives in key sectors after talks between PM Modi and Italian PM Giorgia Meloni.
The 2025 UN Climate Change Conference (UNFCCC COP 30) will be held from 10th to 21st November 2025 in Belém, Brazil.Click here to read more. - Which of the following points is/are ‘correct’ with respect to the highlights of Reserve Bank of India’s (RBI) 5th Bi-monthly Monetary Policy of Financial Year 2024-25 (FY25) released in December 2024?
A) India’s FY25 Gross Domestic Product (GDP) growth forecast down to 6.4% from the previous projection of 7.2% for FY25.
B) RBI has reduced the cash reserve ratio (CRR) of all banks by 50 basis points in two equal tranches of 25 bps each to 4.0% of their deposits.
C) RBI has decided to increase the limit for collateral free agricultural loans from Rs 1.6 lakh per borrower to Rs 3 lakh per borrower keeping into account the rise in agricultural input costs and overall inflation.
D) RBI has proposed to link the (Foreign Exchange) FX-Retail platform with Bharat Connect platform of National Payments Corporation of India (NPCI) to bring transparency and fairness in the pricing of foreign exchange for users.
E) RBI has launched an innovative AI model called MuleHunter.ai developed by the Reserve Bank Innovation Hub (RBIH) with an aim to address the growing issues of digital fraud and tighten its grip on mule accounts.
1) Only A, C & D
2) Only B, D & E
3) Only A & B
4) Only D & E
5) All the aboveAnswer-2) Only B, D & E
Explanation:
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) met from 4th December to 6th December 2024 and released its 5th Bi-Monthly Monetary Policy of Financial Year 2024-25 (FY25). The six-member rate-setting panel has revised India’s FY25 Gross Domestic Product (GDP) growth forecast down to 6.6% from the previous projection of 7.2% for FY25. The December FY25 meeting was RBI’s 52nd MPC meeting.
RBI has projected the real GDP growth for 2024-25 with Q3 at 6.8% and Q4 at 7.2%. Real GDP growth for Q1:2025-26 is projected at 6.9%; and Q2 at 7.3%.
The RBI has raised the inflation forecast for FY25 to 4.8% as against 4.5% earlier with Q3 at 5.7% and Q4 at 4.5%.
The RBI has permitted small finance banks (SFBs) to offer pre-sanctioned credit lines via the Unified Payments Interface (UPI).
RBI has reduced the cash reserve ratio (CRR) of all banks by 50 basis points in two equal tranches of 25 bps each to 4.0% of their deposits.
RBI has decided to increase the limit for collateral free agricultural loans from Rs 1.6 lakh per borrower to Rs 2 lakh per borrower keeping into account the rise in agricultural input costs and overall inflation.
RBI has launched an innovative artificial intelligence model called MuleHunter.ai which is developed by the Reserve Bank Innovation Hub (RBIH) with an aim to address the growing issues of digital fraud and tighten its grip on mule accounts.
RBI has proposed to link the (Foreign Exchange) FX-Retail platform with Bharat Connect platform of National Payments Corporation of India (NPCI) with the objective of bringing greater transparency and fairness in the pricing of foreign exchange for users, especially for individuals and the Micro, Small and Medium Enterprises.
RBI has decided to float a new interest rate benchmark – the Secured Overnight Rupee Rate (SORR) to improve credibility of the index. Click here to read more. - Which among the following is ‘not’ included in the abolition of the Special Additional Excise Duty (SAED) also known as the Windfall tax by the Government of India in December 2024?
1) Natural Gas
2) Crude Oil
3) Petrol
4) Diesel
5) Aviation Turbine FuelAnswer-1) Natural Gas
Explanation:
On 2 December 2024, the Department of Revenue (DoR), Ministry of Finance (MoF) has notified that the Government of India (GoI) has withdrawn the Special Additional Excise Duty (SAED), commonly known as the Windfall tax, thereby eliminating levies on Aviation Turbine Fuel (ATF), crude oil, petrol, and diesel. This move, effective immediately, aims to enhance profitability in the oil sector, foster growth in the energy industry, and boost exports.
Alongside, the Road and Infrastructure Cess (RIC) on petrol and diesel exports has also been removed.
The removal of the tax is expected to benefit major industry stakeholders involved in crude oil production and refinery exports by enhancing refining margins and easing export restrictions.
The Windfall Tax was introduced in July 2022 to address extraordinary profits earned by oil companies during a period of soaring global crude oil prices, triggered by the Russia-Ukraine conflict.
The tax was intended to stabilize government revenues during the price surge, applying to both domestically produced crude oil and the export of refined fuels like petrol, diesel, and ATF.
Since its implementation, the windfall tax generated significant revenue, including Rs 25,000 crore in its first year, Rs 13,000 crore in 2023-24 and Rs 6,000 crore in 2024, reflecting its declining effectiveness due to falling oil prices.
Global oil prices have stabilized, reducing the excess revenue initially targeted by the tax. Click here to read more. - John Dramani Mahama was recently (in December ‘24) elected as the President of ______________ for the second time by succeeding Mahamudu Bawumia.
1) Somaliland
2) Namibia
3) Spain
4) Ghana
5) BrazilAnswer-4) Ghana
Explanation:
On December 9 2024, John Dramani Mahama, political leader of National Democratic Congress (NDC) was elected as the President of Ghana for the second time. He won the Presidential election by succeeding Vice President Mahamudu Bawumia, New Patriotic Party (NPP) candidate, with 60.9% of votes tallied.
John Dramani Mahama will assume office as the 6th President of the fourth Republic and the 14th President of the Republic of Ghana on 7th January 2025 by replacing incumbent president Nana Addo Dankwa Akufo-Addo.
He previously served as President of Ghana from July 24 2012 to January 7 2017.
John Dramani Mahama, a communication expert, historian, and writer, has been an active member of the National Democratic Congress (NDC).
He held the position of Vice President from January 2009 until July 2012, stepping into the role of President following the death of his predecessor, John Atta Mills. - Who has recently (in December ‘24) taken over as the 29th President of the Asian Cricket Council (ACC)?
1) Shammi Silva
2) Zaheer Abbas
3) Roger Binny
4) Jay Shah
5) Devajit SaikiaAnswer-1) Shammi Silva
Explanation:
On December 6 2024, Shammi Silva, the head of Sri Lanka Cricket (SLC), has taken over as the 29th President of the Asian Cricket Council (ACC),
He succeeded India’s Jay Shah, who became the Chairman of the International Cricket Council (ICC) on December 1 2024.
Shammi Silva has a rich sporting background. He played cricket for the Colombo Cricket Club(CCC) during the 1983-84 season, where he also captained the team.
In May 2023, he was re-elected for the third consecutive term as Sri Lanka Cricket (SLC) President. - For which mission did the Indian Space Research Organisation (ISRO) and European Space Agency (ESA) sign a crucial Technical Implementation Plan (TIP) to provide critical ground tracking support?
1) Chandrayaan-3
2) Gaganyaan
3) Aditya L1
4) Mangalyaan
5) Chandrayaan-1Answer-2) Gaganyaan
Explanation:
On December 4 2024, the Indian Space Research Organisation (ISRO) and the European Space Agency (ESA) signed a crucial Technical Implementation Plan (TIP) aimed at providing critical ground tracking support for India’s Gaganyaan missions (human spaceflight mission).
This collaborative effort was set to enhance the communication and monitoring of India’s 1st human spaceflight mission.
The primary objective of this agreement is to enable ESA to provide ground station support for the Gaganyaan missions ensuring continuous data flow and communication with the Orbital Module during its orbital operations.
The name ‘Gaganyaan’ has its roots in Sanskrit translating to ‘sky and vehicle’ and the primary objective of this mission is to launch a team of astronauts into space, where they will travel at an altitude of 400 kilometer(km) above Earth in Low Earth Orbit (LEO) for a three-day expedition before returning by landing in the Indian Ocean.
The launch of the mission is expected to be in 2026.Under the Gaganyaan programme, ISRO will carry out 3 uncrewed space missions and 1 crewed mission. Click here to read more. - Which company has recently (in November ‘24) published the book “Beyond the Higgs Boson: The W Boson and Dr. Ashutosh Kotwal’s Quest for the Unknown”?
1) Fourth Estate
2) Simon & Schuster
3) Bloomsbury Publishing
4) HarperCollins
5) Penguin Random HouseAnswer- 4) HarperCollins
Explanation:
In November 2024, the biography titled “Beyond the Higgs Boson: The W Boson and Dr. Ashutosh Kotwal’s Quest for the Unknown” was released. The biography was published by HarperCollins Publishers India.
It was authored by Dr. Ashutosh Kotwal’s mother Manik Kotwal in Marathi as ‘Putra Vhava Aisa to critical acclaim’ and translated into English by Jerry Pinto.
This book chronicles the extraordinary life of Dr. Ashutosh Kotwal, a renowned Indian physicist who made pivotal contributions to the discovery of the Higgs boson and the W boson.
It highlights his groundbreaking research and key role in the 2012 Higgs boson discovery at the Large Hadron Collider. - When is the South Asian Association for Regional Cooperation (SAARC) Charter Day annually observed across the globe?
1) December 8
2) November 5
3) October 13
4) September 9
5) August 12Answer-1) December 8
Explanation:
The South Asian Association for Regional Cooperation (SAARC) Charter Day is annually observed on 8th December to commemorate the signing of the SAARC Charter in 1985 during the inaugural SAARC Summit held in Dhaka, Bangladesh.
8th December 2024 marks the 40th observance of SAARC Charter Day.
SAARC is a geopolitical and economic organization that includes eight countries: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
SAARC Charter Day was formed when the SAARC Charter was adopted during its first summit in Dhaka, Bangladesh, on December 7-8, 1985.
The first-ever SAARC Charter Day was observed on 8th December 1985.
The SAARC Charter contains 10 articles that outline the organization’s objectives, principles, structure, meetings, secretariat, and financial arrangements.
Summits were typically held every two years, hosted by a Member State in alphabetical order. Click here to read more.
AffairsCloud Recommends Oliveboard Mock Test
AffairsCloud Ebook - Support Us to Grow
Govt Jobs by Category
Bank Jobs Notification