A Malayalam historical epic received critical acclaim and won numerous international film festival awards in 2024, elevating Indian cinema on the global stage.
IIT Bombay achieved its highest ranking in the QS World University Rankings 2024, becoming the top-ranked Indian institution in the global list.
A unicorn startup is a privately-held company valued at over $1 billion, and tracking which Indian startups achieve this milestone reveals the growth of India's entrepreneurial ecosystem.
Step 1: Understanding Unicorn Status
A unicorn designation means a startup has reached a valuation of $1 billion or more while remaining privately held, indicating significant investor confidence and market potential.
Step 2: Identifying Moneyview's Achievement
Moneyview, a personal finance and lending platform, achieved unicorn status in 2024 with a valuation exceeding $1 billion. While other options like Razorpay (achieved unicorn status in 2021), Niyo (still approaching unicorn valuation), and Groww (achieved unicorn status in 2021) are prominent fintech players, Moneyview was specifically the fintech startup that crossed the unicorn threshold in 2024.
Final Answer: (D) Moneyview
Telangana announced an innovative Talent Immigration policy in 2024 to attract skilled professionals and entrepreneurs from across the world to boost economic growth.
India expanded its trade relations with Vietnam in 2024, signing comprehensive agreements to boost bilateral commerce and strategic cooperation.
IISc Bangalore led Indian institutions in securing international research collaborations in 2024, particularly in AI and life sciences research.
India ranked 42nd in the 2024 Global Innovation Index, showing improvement in innovation metrics and technological advancement.
JNPA in Mumbai undertook major modernization and automation initiatives in 2024 to improve port efficiency and cargo handling capacity.
India's pharmaceutical exports in 2024 reached approximately $45-50 billion, maintaining its position as the world's pharmacy for generic medicines.
# India's Second-Largest Employment Generator in 2024
India's employment landscape has undergone significant sectoral shifts, with traditional industries now competing alongside emerging sectors for job creation dominance.
Step 1: Understanding India's Employment Hierarchy
Agriculture remains India's largest employment sector, engaging the majority of the workforce across rural and semi-urban regions. However, the secondary and tertiary sectors have been expanding rapidly with industrialization and urbanization.
Step 2: Identifying the Textile and Apparel Sector's Role
The textile and apparel sector surpassed manufacturing to become India's second-largest employment generator in 2024, driven by increased domestic consumption, export demand, and government initiatives like Production-Linked Incentive (PLI) schemes. This sector employs millions directly in spinning, weaving, garment manufacturing, and related supply chains, making it crucial for India's socio-economic development.
Final Answer: (B) Textile and apparel sector
