India's COVID-19 vaccination programme surpassed 2.2 billion doses administered by mid-2024, the highest in the world.
Razorpay achieved unicorn status in 2024, becoming one of India's most valued fintech startups.
India's per capita income reached approximately $3,300 in 2024, reflecting significant economic growth.
Uttar Pradesh launched the 'Viksit Bharat Sankalp Yatra' in 2024 to promote developmental initiatives across the state.
# IPL Brand Custodianship - 2024
In 2024, a major corporate entity was entrusted with overseeing and managing the Indian Premier League brand as its official custodian.
Step 1: Understanding IPL Governance Structure
The Indian Premier League operates under BCCI's regulatory framework, but brand management and operational custodianship can be assigned to specific organizations. In 2024, following a significant strategic decision, The TATA Group was appointed as the custodian responsible for managing the IPL brand, its intellectual property, and overall stewardship.
Step 2: Context of the Appointment
The TATA Group, one of India's largest and most respected conglomerates, received this custodianship role to strengthen the league's global presence, commercial operations, and brand development. This appointment reflected confidence in TATA's ability to elevate the IPL's status as a world-class cricket franchise league.
The correct answer is (C) The TATA Group.
India focused on strengthening bilateral and regional trade partnerships while building manufacturing capacity to compete with RCEP member nations.
Gujarat announced a major semiconductor manufacturing initiative as part of India's broader chip manufacturing strategy to reduce global dependency.
The government launched the BioIndia Fund to provide capital and support to biotechnology startups, positioning India as a biotech innovation hub.
India and France strengthened their defense partnership through multiple initiatives including joint manufacturing projects, maritime cooperation, and technology sharing.
Multiple Indian research institutions collaborated on quantum computing research, with significant progress in quantum hardware development and algorithms during 2024.