Current Affairs and Regulatory Updates - December 2024 (Flashcards)

Flashcards covering regulatory updates, governance initiatives, major corporate deals, and notable current affairs from the provided notes.

Under which regulations has SEBI mandated that any person wishing to give investment advice must be qualified and registered?

Investment Advisor Regulations (IA Regulations), 2013.

In the context of FPIs using derivatives, what does the 'O' in ODI stand for?

Offshore.

What does ARRAI stand for?

Association of Registered Research Analysts of India.

What is the SEBI platform proposed to track inactive mutual fund folios, and what does MITRA stand for?

Mutual Fund Investment Tracing and Retrieval Assistant (MITRA).

What does RTCM stand for in the Equity Derivatives Segment?

Reversal Trade Cancellation Mechanism.

Name the two Bajaj Allianz motor insurance add-ons introduced.

Eco Assure—Repair Protection and Named Driver Cover.

Give examples of asset classes.

Equities (stocks), fixed income (bonds), cash and cash equivalents, real estate, commodities, and currencies.

Which company implemented an all-women shift at Noamundi iron mine?

Tata Steel.

Which two ships did MDL deliver to the Indian Navy, and what classes do they belong to?

Nilgiri (First Stealth Frigate, Project 17A) and Surat (Fourth Stealth Destroyer, Project 15B).

What were the key details of the Pawan Hans contract with ONGC?

Supply of four Dhruv NG helicopters; 10-year tenure; contract worth Rs 2,000 crore.

Which two companies signed a deal for mpox vaccine production?

Bavarian Nordic and Serum Institute of India (SII).

What stake did Bharti Global acquire in BT, and which government's approval did it receive?

24.5% stake; approved by the UK government.

What is the value of Wipro's acquisition of Applied Value Technologies?

US$40 million.

Which two entities joined to accelerate 5G innovation?

GlobalLogic and Nokia.

What is IRIS² and how many satellites does it comprise?

A multi-orbital EU secure satellite system comprising 290 satellites (developed with SpaceRISE).

Where is Infosys' Google Cloud Centre of Excellence located?

Bengaluru, India.

What is the minimum investment required for SEBI's Specialised Investment Funds (SIFs)?

Rs 10 lakh.

What are the objectives of ARRAI (Association of Registered Research Analysts of India)?

Represent SEBI-registered research analysts; foster a strong RA community; promote best practices and ethics; elevate the role of RAs and build investor trust.

Which regulator introduced Specialised Investment Funds (SIFs)?

SEBI (Securities and Exchange Board of India).

How much did REC raise via bonds of different maturities?

Rs 2,195 crore.

What is the purpose of the BEML-NHPC MoU?

To develop solutions for hydroelectric power plants.

Daikin India established a joint venture with which company and for what purpose?

Rechi Precision; to manufacture, design, and sale of rotary compressors; located in Sri City, Andhra Pradesh; Daikin holds a majority stake.

What amount did NPCIL raise via bonds at 7.14% coupon, and for how many years?

Rs 4,600 crore via 15-year bonds.

Which eight countries form the D-8 Organization for Economic Cooperation, and who will host the 12th summit in 2025?

Egypt, Bangladesh, Indonesia, Malaysia, Nigeria, Iran, Pakistan, Turkiye; Indonesia will host the 12th summit in 2025.

What is Goa's Liberation Day date and its capital?

Goa Liberation Day is December 19; capital is Panaji.

Who is the CMD of REC (Rural Electrification Corporation)?

Vivek Kumar Dewangan.

What is Rashtrapati Nilayam?

The official retreat of the President of India, located in Secunderabad Cantonment, Hyderabad; formerly Residency House; built in 1860.

Which Indian author won the 2024 Sahitya Akademi Award in English Language and for which work?

Easterine Kire for Spirit Nights.

What award will Taika Waititi receive at the 36th Producers Guild of America Awards?

Norman Lear Achievement Award (February 8, 2025, in Los Angeles).

Where is the GOA Digital Public Good 'OPEN' platform launched and what is its purpose?

Launched by Goa Industrial Development Corporation; a Digital Public Good to simplify and standardize government-to-business transactions in Goa.

Which two countries hosted major D-8 summit events in 2024, and who will host the 12th in 2025?

Egypt hosted the 11th; Indonesia will host the 12th in 2025.