1. By how much did India’s forex reserves fall for the week ending on October 18, 2024?
Correct answer: $2.16 billion. India’s forex reserves fell by this amount for the week ending October 18, 2024, due to fluctuations in currency valuations and external withdrawals.
2. How much loan has the Asian Development Bank (ADB) approved for a solar power project in Assam?
Correct answer: USD 434.25 million. This amount was approved by the ADB to fund Assam’s solar initiatives, advancing the state’s transition to renewable energy sources.
3. Which company secured $40 million funding for an urban ropeway project in Varanasi?
Correct answer: Vishwa Samudra Engineering. This funding is aimed at creating India’s first urban ropeway system, intended to improve public transport in the heritage city of Varanasi.
4. Where is the Center for Generative AI ‘Srijan’ launched by IndiaAI and Meta located?
Correct answer: IIT Jodhpur. The ‘Srijan’ center aims to advance generative AI research and applications in India in collaboration with Meta.
5. Which ministries collaborated for the Gram Panchayat-Level Weather Forecasting Initiative?
Correct answer: Ministry of Panchayati Raj, Ministry of Earth Sciences, IMD. This initiative helps rural areas prepare for weather-related challenges using accurate forecasts.
6. Moody’s recently upgraded the ratings of which company due to improved funding access?
Correct answer: Vedanta Resources Ltd. Moody’s cited improved access to funding and robust operational performance for the upgrade.
7. How many gigawatts of thermal power generation capacity does NTPC Ltd plan to add by FY 2026-27?
Correct answer: 6 GW. NTPC’s expansion reflects its commitment to meeting India’s growing energy demands sustainably.
8. Under which category has the government raised the Mudra loan limit to ₹20 lakh?
Correct answer: Tarun Plus. This move is aimed at boosting small and medium enterprises by offering higher credit limits.
9. Who has been appointed as the Managing Director of NAFED for a five-year term?
Correct answer: Deepak Agarwal. His tenure focuses on enhancing agricultural marketing and supply chain efficiencies.
10. When will the Euronaval 2024 Defence Exhibition be held in Paris, France?
Correct answer: November 4-7, 2024. This event will showcase cutting-edge naval and maritime defense technologies.
