Daily Current Affairs MCQs: 22nd February 2025 - Bank Exams MCQ

The Technology Adoption Fund is designed specifically to enhance the capabilities of India's space startups and promote the development of indigenous space technology. By providing financial support and technical guidance, the fund aims to reduce dependency on imported technologies, thus fostering a self-reliant space sector in India. This initiative reflects the growing emphasis on innovation and self-sufficiency within the Indian space industry, which is crucial for sustaining long-term growth and competitiveness.

The primary goal of the Technology Adoption Fund is to enhance India's position in the global space industry by facilitating the transition of early-stage space technologies developed by Indian companies into commercially viable products. This initiative aims to bridge the gap between innovation and market readiness, ensuring that emerging technologies can effectively compete in the market. Additionally, the fund provides technical guidance, which is essential for startups and industries to navigate challenges during product development. An interesting fact is that such initiatives can significantly stimulate economic growth and job creation, particularly in high-tech sectors like space technology, where innovation is crucial for success.

The primary deity worshipped in Bathouism is Bwrai Bathou, who represents the supreme god in this traditional faith. The term "Bwrai" indicates the 'eldest' man, symbolizing power and knowledge. This reflects the community’s deep reverence for their spiritual beliefs, highlighting the importance of leadership and wisdom in their culture. An interesting fact about Bathouism is its unique philosophical foundation, which is based on five natural elements, symbolizing the interconnectedness of life and nature.

One effective solution for addressing the backlog of cases in Indian courts is the promotion of mediation and alternative dispute resolution (ADR). This approach is particularly useful in family disputes and commercial disagreements, as it allows parties to resolve their issues outside of the traditional courtroom setting. For instance, the Delhi High Court Mediation and Conciliation Centre has successfully resolved thousands of cases through mediation, alleviating some of the pressures on the court system. Mediation not only helps to expedite resolutions but also fosters a cooperative environment, which can lead to more satisfactory outcomes for all involved parties. An interesting fact is that mediation can often result in a higher rate of compliance with agreements, as the parties have a hand in crafting the solution themselves.

The primary aim of the SOUL Leadership Conclave is to create transformational leaders who operate beyond conventional political frameworks. This approach encourages leaders from various sectors to explore innovative leadership styles and practices that prioritize ethical governance and cross-sector collaboration. This initiative reflects a growing recognition of the need for diverse leadership models in today's complex world, emphasizing the development of leaders who are not bound by traditional political legacies. An interesting fact is that the conclave is expected to lay the groundwork for a dedicated leadership institution in Gujarat, which will further advance this mission.

A member of Parliament may have their seat declared vacant after 60 days of absence without permission. This rule ensures that members remain accountable and present for their duties. It is important to note that this absence calculation excludes times when the House is prorogued or adjourned for more than four consecutive days, ensuring that only actual sittings contribute to the absence count. A notable example is that in 2023, a member was granted leave due to imprisonment, highlighting the nuances in how attendance rules can apply in special circumstances.

The Bilateral Trade Agreement (BTA) aims to streamline regulatory processes and reduce trade barriers, facilitating smoother trade relations between India and the United States. This agreement is significant as it sets a trade goal of $500 billion by 2030, which would greatly enhance economic engagement and create investment opportunities. Such trade agreements are essential for fostering mutual economic growth and cooperation between nations, illustrating how countries can work together to strengthen their economies.

The primary goal of reintroducing cheetahs into Kuno National Park is to restore their population in their natural habitat. This initiative is part of a broader conservation strategy aimed at bringing back a species that once roamed freely in India. The successful reintroduction of cheetahs not only helps in restoring ecological balance but also contributes to biodiversity. Interestingly, cheetahs are the fastest land animals, capable of reaching speeds up to 75 miles per hour, which makes their presence significant in maintaining the natural dynamics of their ecosystem.

Mica has been reclassified as a major mineral by the Ministry of Mines, reflecting its significance in various industrial applications such as ceramics and electronics. This reclassification is part of a broader initiative to enhance the economic utilization of critical minerals, aligning with the goal of supporting industrial growth in India. An interesting fact about mica is that it is a key ingredient in many cosmetics due to its reflective properties, making it popular for adding shimmer and shine to products.

India and Qatar have set an ambitious target to double their bilateral trade to $28 billion annually by 2030. This goal reflects both nations' commitment to strengthening their economic relationship, particularly through energy trade. Notably, liquefied natural gas (LNG) is a significant component of this trade, highlighting the importance of energy in their bilateral relations. Additionally, strengthening trade ties can lead to enhanced economic stability and mutual benefits in various sectors.