National News

1. What budget was presented by Uttarakhand for FY 2025–26?
Answer: ₹1,01,175.33 crore, focusing on infrastructure, welfare, and the ‘GYAN’ model—Gareeb, Yuva, Anndata, Naari—to uplift poor, youth, farmers, and women.

2. What summit did PM Modi inaugurate in Bhopal?
Answer: The Global Investors Summit 2025, unveiling 18 new industrial policies to position Madhya Pradesh as an investment hub.

Agreement News

3. What heritage initiative was launched by Bisleri and ASI?
Answer: Under the ‘Adopt a Heritage 2.0 Programme’, Bisleri signed an MoU with ASI to restore historic water bodies at heritage sites across India.

4. What aerospace collaboration was signed between HAL and DIAT?
Answer: HAL and DIAT, Pune, signed an MoU to promote research, skill development, and innovation in aerospace technologies.

Ranks & Reports

5. What was India’s performance in THE World Reputation Rankings 2025?
Answer: Four Indian institutions featured, but all declined in rank. IIT Bombay dropped out, while SOA Bhubaneswar debuted in the 201–300 band.

Awards News

6. Which airport won the Sarvashrestha Suraksha Puraskar?
Answer: Manohar International Airport (GOX), Goa, became the first Indian airport to win the Golden Trophy at NSCI Safety Awards 2024.

7. Who received an honorary knighthood from the UK?
Answer: Sunil Bharti Mittal was awarded the Knight Commander of the Most Excellent Order of the British Empire (KBE) for strengthening India–UK business ties.

Banking News

8. What penalty did SEBI impose on Axis Securities?
Answer: ₹10 lakh for multiple violations of stockbroker regulations during April 2021 to November 2022.

9. Which financial institutions were fined by RBI?
Answer: Citibank N.A., Asirvad Micro Finance, and JM Financial Home Loans for violating regulatory norms.

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10. What new payment facility was launched by Bajaj Allianz Life?
Answer: Bima-ASBA, making it the first insurer in India to adopt IRDAI’s blocked amount payment method.

11. What was the response to RBI’s OMO auction on February 20?
Answer: ₹1.87 trillion in bids were received against a ₹40,000 crore offer, reflecting a severe liquidity crunch.

12. What trend was reported in bank credit to NBFCs?
Answer: Lending fell to a 4-year low of 6.7% in 2024 due to higher risk weights and tighter credit conditions.

Economy News

13. What is India’s projected GDP by 2047?
Answer: Between $23 trillion and $35 trillion, with services contributing 60% and manufacturing 32%, per Bain & Company and Nasscom.

14. What GDP forecast did Moody’s Analytics give for 2025?
Answer: 6.4%, down from 6.6% in 2024, due to global tariffs and weakening demand.

15. What forex liquidity measure was announced by RBI?
Answer: A $10 billion forex swap auction scheduled for February 28 to ease liquidity stress.

Defence News

16. What coastal security drill was conducted by the Indian Coast Guard?
Answer: ‘Sagar Kavach’ along West Bengal’s coastline on February 21–22, testing SOPs and inter-agency coordination.

Appointments

17. Who was appointed Director of the Institute of Economic Growth?
Answer: Professor Sabyasachi Kar, effective from February 6, 2025.

Sports News

18. What ODI record did Virat Kohli break?
Answer: Fastest to 14,000 ODI runs in 287 innings, surpassing Tendulkar (350) and Sangakkara (378), during India vs Pakistan in Champions Trophy 2025.

19. What title did Saurav Ghosal win post-retirement?
Answer: Octane Sydney Classic, marking his return to squash after retiring from the PSA Tour in April 2023.

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Obituaries

20. Who was Mayadhar Raut and what was his legacy?
Answer: A Padma Shri awardee and pioneer of Odissi dance, he passed away at 92, known for codifying classical Odissi techniques.

Current Affairs Today: 24th February 2025 | Daily GK Update