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Current Affairs Questions and Answers 26 January 2024

26 January 2024 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 26 January 2024. These types of topics are important for candidates who prepare for Bank Exam 2023. In this article, we are covering the following topics Headlines:

  • India’s direct tax-to-GDP ratio
  • VLF communication station
  • Black Tiger Safari
  • Kaushal Bhawan
  • ‘Hamara Samvidhan, Hamara Samman’ campaign
  • ‘Desert Knight’ air exercise
  • 47th International Kolkata Book Fair

26th January Current Affairs 2024 Quiz

The Current Affairs 2023 section constitutes a major part of the General Awareness section in a competitive examination and plays an instrumental role. To supplement your preparation for the General Awareness Section of the upcoming exams like IBPS PO/Clerk Mains, SBI PO Mains and SEBI Grade A Prelims, we are providing you 26th January Current Affairs 2024 Quiz covering the following topics Headlines: India’s direct tax-to-GDP ratio, VLF communication station, Black Tiger Safari, Kaushal Bhawan, ‘Hamara Samvidhan, Hamara Samman’ campaign, ‘Desert Knight’ air exercise, 47th International Kolkata Book Fair.

Q1. What was India’s direct tax-to-GDP ratio in FY23?

(a) 4.5%

(b) 6.11%

(c) 7.8%

(d) 5.2%

(e) 8.5%

 

Q2. In which district of Telangana is the Indian Navy establishing its second VLF communication station?

(a) Hyderabad

(b) Nalgonda

(c) Warangal

(d) Karimnagar

(e) Vikarabad

 

Q3. Where is the INS Kattabomman Radar Station located?

(a) Visakhapatnam

(b) Tirunelveli

(c) Vikarabad

(d) Puduru

(e) Damagudem

 

Q4. Who is leading the Ax-3 mission to the ISS?

(a) Elon Musk

(b) Michael López-Alegría

(c) Alper Gezeravcı

(d) Marcus Wandt

(e) Walter Villadei

 

Q5. What was the total corporate tax collections in FY23?

(a) Rs 7.5 trillion

(b) Rs 7.26 trillion

(c) Rs 6.8 trillion

(d) Rs 9.1 trillion

(e) Rs 8.26 trillion

 

Q6. Who recently received RBI approval as DCB Bank’s MD & CEO for a three-year term from April 29, 2024?

(a) Praveen Achuthan Kutty

(b) Murali Natrajan

(c) RBI Governor

(d) DCB Bank Board

(e) Citibank CEO

 

Q7. Where is the world’s first ‘Black Tiger Safari’ being set up?

(a) Kerala

(b) Rajasthan

(c) Odisha

(d) Madhya Pradesh

(e) Assam

 

Q8. Which constitutional provision mandates parliamentary approval for taxation in India?

(a) Article 265

(b) Article 112

(c) Article 110

(d) Article 113

(e) Article 266

 

Q9. Who inaugurated Kaushal Bhawan in India?

(a) Prime Minister Narendra Modi

(b) President Droupadi Murmu

(c) Minister of Skill Development & Entrepreneurship

(d) Chief Justice of India

(e) Finance Minister Nirmala Sitharaman

 

Q10. What is the constitutional basis for the Indian government’s annual financial statement, commonly known as the budget?

(a) Article 112

(b) Article 110

(c) Article 266

(d) Article 114

(e) Article 265

 

Q11. Who inaugurated the ‘Hamara Samvidhan, Hamara Samman’ campaign for India’s 75th Republic Year?

(a) Prime Minister Narendra Modi

(b) President Ram Nath Kovind

(c) Vice-President Jagdeep Dhankhar

(d) Chief Justice of India

(e) Home Minister Amit Shah

 

Q12. Who participated in the ‘Desert Knight’ air exercise held on January 23, 2024?

(a) India, France, and Pakistan

(b) India, USA, and Saudi Arabia

(c) India, France, and the United Arab Emirates (UAE)

(d) India, Australia, and Qatar

(e) India, China, and Oman

 

Q13. Which state was the first in India to undertake a comprehensive caste enumeration before Andhra Pradesh?

(a) Maharashtra

(b) Tamil Nadu

(c) Karnataka

(d) Bihar

(e) Rajasthan

 

Q14. What is the annual rate of people escaping multidimensional poverty, as mentioned by NITI Aayog?

(a) 3.42 crore

(b) 1.88 crore

(c) 2.75 crore

(d) 4.16 crore

(e) 5.39 crore

 

Q15. How many DISCOMs secured the A+ rating in the latest Consumer Service Rating of Discoms (CSRD) report?

(a) Two

(b) Three

(c) Six

(d) Five

(e) Four

 

Solutions

 

S1. Ans.(b)

Sol. The Central Board of Direct Taxes (CBDT) released data on Tuesday, revealing that the direct tax-to-GDP ratio for the fiscal year 2022-23 (FY23) reached a remarkable 23-year high, standing at 6.11%.

S2. Ans.(e)

Sol. Indian Navy plans second VLF station in Telangana’s Vikarabad district for maritime communication.

S3. Ans.(b)

Sol.  The INS Kattabomman Radar Station in Tirunelveli, Tamil Nadu, served as the pioneering VLF communication transmission station and has been operational since 1990.

S4. Ans.(b)

Sol. Michael López-Alegría, a former NASA astronaut and chief astronaut at Axiom Space, is leading the Ax-3 mission.

S5. Ans.(e)

Sol. Corporate tax collections in FY23 amounted to Rs 8.26 trillion.

S6. Ans.(a)

Sol. The Reserve Bank of India has officially sanctioned Praveen Achuthan Kutty as DCB Bank’s Managing Director and CEO, effective from April 29, 2024. With over 32 years of experience, Kutty, a veteran in Retail and SME banking, will succeed Murali Natrajan, whose term concludes on April 28, 2024.

S7. Ans.(c)

Sol. Chief Minister Naveen Patnaik announced the establishment of the ‘Black Tiger Safari’ near Similipal Tiger Reserve in Odisha.

S8. Ans.(a)

Sol. Taxation (Article 265) and expenditures (Article 266) demand parliamentary approval, ensuring fiscal accountability.

S9. Ans.(b)

Sol. President Droupadi Murmu inaugurated Kaushal Bhawan, symbolizing India’s commitment to youth empowerment through skill development.

S10. Ans.(a)

Sol. The Indian government’s annual financial statement, termed the budget, is rooted in constitutional requirements outlined in Article 112.

S11. Ans.(c)

Sol. Vice-President Jagdeep Dhankhar inaugurated the campaign to celebrate India’s 75th Republic Year.

S12. Ans.(c)

Sol. India, France, and the United Arab Emirates (UAE). These three nations conducted the joint air exercise ‘Desert Knight’ over the Arabian Sea on January 23, 2024.

S13. Ans.(d)

Sol. Bihar was the first state in India to undertake a comprehensive caste enumeration before Andhra Pradesh.

S14. Ans.(c)

Sol. According to NITI Aayog, 24.82 crore people escaping multidimensional poverty over nine years translates to an annual rate of 2.75 crore.

S15. Ans.(e)

Sol. Four. BSES Rajdhani Power Limited (BRPL), BSES Yamuna Power Limited (BYPL), Tata Power Delhi Distribution Limited (TPDDL), and Noida Power Company Limited (NPCL) achieved the A+ rating.

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FAQs

In which district of Telangana is the Indian Navy establishing its second VLF communication station?

Indian Navy plans second VLF station in Telangana's Vikarabad district for maritime communication.