Current Affairs Quiz - January, 2025

Notes:
Prime Minister Narendra Modi will attend the Artificial Intelligence (AI) Action Summit 2025 in France from February 10 to 11. The summit will be hosted at the Grand Palais in Paris, announced by French President Emmanuel Macron. The event will bring together Heads of State, international leaders, CEOs, academics, NGOs, and civil society members. The summit will focus on five themes: public interest in AI, the future of work, innovation and culture, trust in AI, and global AI governance.

Notes:
Silver nanowire-based conductive ink technology was transferred to two startups at NIT Warangal. The startups are M/s Chematico Technologies Private Limited (incubated at IIT Ropar) and M/s Vasanthbala Functional Materials Pvt Ltd (incubated at NIT Warangal). The technology was developed under a project funded by the Ministry of Electronics and Information Technology (MeitY). It aims to reduce dependency on foreign countries and tap into the growing demand for advanced electronic materials. The ink is used in flexible electronics, wearable devices, solar panels, RFID tags, and more. The global market for this ink is expected to surpass 16.87B by 2032. India imports conductive ink worth 15,72,000 annually from countries like the US, China, and Taiwan.

Notes:
The Prime Minister will launch ‘Mission Mausam’ on the 150th foundation day of the India Meteorological Department (IMD). The mission aims to make India a ‘Weather-ready and Climate-smart’ nation by advancing weather and climate science. It has a budget of Rs 2,000 crore over two years and will be implemented by India Meteorological Department (IMD), Indian Institute of Tropical Meteorology, and National Centre for Medium-Range Weather Forecasting. It focuses on improving forecasting accuracy, real-time local weather updates, and weather management technologies. The program includes cutting-edge technologies like high-resolution observations, next-gen radars, satellites, and high-performance computers. It addresses climate change, improves air quality data, and prepares citizens for extreme weather events.

Notes:
The Parshuram Kund Mela has started in Arunachal Pradesh. Parshuram Kund is a Hindu pilgrimage site on the Brahmaputra plateau near the Lohit River. It is also known as the “Kumbh of the Northeast,” the festival attracts thousands of devotees from India and abroad.

Notes:
Around 100 tribal people from Pulicat will receive training in pearl spot culture, crab fattening, and clownfish aquaculture, organized by the National Bureau of Fish Genetic Resources (NBFGR). NBFGR was established in 1983 under Indian Council of Agricultural Research (ICAR), focuses on fish germplasm conservation. Its infrastructure was set up in Lucknow in 1999. NBFGR’s vision includes the sustainable utilization and conservation of fish genetic resources. The bureau works on documenting fish diversity, developing databases, genotyping, and genebanking to support fish population health and sustainability.

Notes:
The ISRO mission that successfully germinated lobia seeds (also known as cowpea seeds) in space is called the “CROPS” experiment, which stands for “Compact Research Module for Orbital Plant Studies”. The seeds sprouted on the fourth day, with leaves visible by the fifth day, marking a major milestone in space research. The experiment aims to develop sustainable food sources for long-term space missions and test plant growth in microgravity and controlled environments. Success supports astronauts by enabling food growth, oxygen generation, and CO₂ recycling in space. It highlights India’s capability in managing complex life-support systems and contributes to global space farming initiatives.

Notes:
The Rubber Board launched two initiatives, iSNR (Indian Sustainable Natural Rubber) and INR Konnect. iSNR ensures compliance with the EU Deforestation Regulation (EUDR) by streamlining the rubber supply chain for EU markets. It provides traceability certificates verifying the origin of rubber products and their compliance with EUDR standards. This initiative aims to make Indian natural rubber competitive and responsible globally, promoting sustainable production and industry growth. INR Konnect is a web-based platform connecting untapped rubber growers with adopters to improve plantation productivity. It certifies participants, offers training in sustainable practices, and maintains a database of certified tappers.

Notes:
The Startup India mission’s success owes much to funding mechanisms like the Fund of Funds for Startups (FFS). FFS was launched in 2016 with a Rs 10,000 crore corpus, aligned with the 14th and 15th Finance Commissions. Its goal is to boost the Indian startup ecosystem and provide access to domestic capital. FFS does not invest directly in startups but funds SEBI-registered Alternative Investment Funds (AIFs), which invest in startups via equity and equity-linked instruments. The scheme is operated by the Small Industries Development Bank of India (SIDBI).

Notes:
The World Bank’s Global Economic Prospects Report highlights the rising influence of Emerging Market and Developing Economies (EMDEs), led by China, India, and Brazil. EMDEs have significantly increased their global economic share from 2000 to 2025, with India maintaining leadership as the fastest-growing economy. India’s growth rate is projected at 6.7% annually for FY26–FY27, driven by robust services and manufacturing sectors. Services expansion and increased exports are enhancing South Asia’s trade integration, while manufacturing benefits from improved logistics and tax reforms. Private consumption is rising due to a strong labor market, better credit access, and declining inflation.

Notes:
The 3rd National Mines Ministers’ Conference is held in Konark, Odisha, on January 20-21, 2025, under the “Vikasit Bharat 2047” vision. Union Coal and Mines Minister Shri G. Kishan Reddy presides over the event, with Odisha CM Shri Mohan Charan Majhi as Chief Guest. A report on states’ best mining practices will be released to improve transparency and efficiency. The Mining Tenement System (MTS) Module will be launched for digital governance in mining. Sanction letters will be handed to startups promoting sustainable mining innovation. Geological data and critical mineral block reports will be transferred to boost exploration and self-reliance.