Govt. Exams
Entrance Exams
India focused on strengthening bilateral and regional trade partnerships while building manufacturing capacity to compete with RCEP member nations.
# 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.
Uttar Pradesh launched the 'Viksit Bharat Sankalp Yatra' in 2024 to promote developmental initiatives across the state.
India's per capita income reached approximately $3,300 in 2024, reflecting significant economic growth.
Razorpay achieved unicorn status in 2024, becoming one of India's most valued fintech startups.
India's COVID-19 vaccination programme surpassed 2.2 billion doses administered by mid-2024, the highest in the world.
IIT Delhi maintained its position as the top-ranked Indian university in the QS World University Rankings 2025.
India's insurance sector premium collection reached approximately Rs. 3 lakh crore in 2024, reflecting growing financial inclusion and awareness.
Central Railway received recognition for implementing advanced digital solutions in passenger services and operations management in 2024.
# GST Collection Milestone in India (2024)
India achieved a historic milestone in GST revenue collection during 2024, demonstrating strong economic growth and improved tax compliance.
Step 1: Understanding the GST Collection Milestone
According to official GST Network (GSTM) data released in 2024, India's monthly GST collection exceeded Rs. 2 lakh crore (Rs. 2,00,000 crore) for the first time in its history.
Step 2: Identifying the Months
In 2024, India crossed this landmark figure in exactly two months:
- April 2024: Rs. 2.10 lakh crore (first time ever)
- March 2024: Rs. 2.04 lakh crore (second time)
These were consecutive months that marked this exceptional achievement in India's tax revenue history.
The correct answer is (A) 2 months. India's GST collection crossed Rs. 2 lakh crore in only 2 months during 2024, reflecting robust economic activity and improved compliance.
