Daily Current Affairs MCQs: 13th March 2025 - Bank Exams MCQ

The total venture capital funding in India reached $13.7 billion in 2024, marking a significant recovery compared to the previous year. This resurgence highlights the positive effects of various regulatory reforms aimed at improving the investment landscape in the country. An interesting fact about venture capital is that it plays a crucial role in fostering innovation and entrepreneurship, often providing crucial financial support to startups that might not yet be eligible for traditional bank loans.

Venture capital investments primarily target startups with high growth potential, making them a crucial source of financing for innovative and entrepreneurial ventures. These investments are characterized by their high-risk, high-reward nature, as they often involve unproven businesses. While they carry significant risks, successful ventures can yield substantial returns for investors. Interestingly, the role of venture capital in fostering innovation is especially notable in emerging markets like India, where regulatory frameworks are being developed to support and enhance investment opportunities.

Indian fishermen often cross into Sri Lankan waters due to insufficient fish stocks in their own territorial waters, particularly in regions like Tamil Nadu and Puducherry. This pressure is exacerbated by limited fishing zones and legal constraints that restrict their fishing capabilities near the shore. As a result, many fishermen find themselves compelled to venture into Sri Lankan territory in search of a viable catch. Interestingly, this cross-border fishing issue highlights the interconnectedness of regional economies and the challenges of managing shared marine resources effectively.

India can play a significant role in promoting cooperative solutions in the Palk Bay fishing dispute by supporting sustainable fishing methods for its fishermen. This approach helps mitigate the adverse effects of practices like bottom trawling, which can deplete fish stocks and harm marine ecosystems. Sustainable fishing ensures the long-term viability of fisheries and promotes ecological balance, which is essential for the livelihoods of fishermen on both sides of the dispute. Additionally, by encouraging sustainable practices, India can foster a more harmonious relationship with Sri Lanka, as both nations work towards common goals in resource management. A noteworthy fact is that sustainable fishing practices not only benefit the environment but can also enhance the economic stability of fishing communities by ensuring that fish populations remain healthy for future generations.

The Indian online gaming industry is projected to grow at a compound annual growth rate (CAGR) of 14.5% from 2023 to 2028, increasing its value significantly from ₹33,000 crore to ₹66,000 crore. This growth is attributed to factors such as a large smartphone user base and a young demographic, which position India as a strong contender in the global skill-based gaming market. An interesting fact is that the rise of online gaming not only contributes to economic growth but also fosters technological advancements and job creation in related sectors.

The SPHEREx mission aims to create a detailed 3D map of the universe and provide insights into cosmic inflation, which refers to the rapid expansion of the universe shortly after the Big Bang. By mapping the positions of 450 million galaxies, SPHEREx will help scientists test theories related to the origins of the universe. An interesting fact is that this mission will use both optical and infrared light to capture data, allowing it to reveal details about distant galaxies and star formation that are not discernible to the human eye.

The Bharat 6G Vision aims to make India a prominent player in 6G technology by the year 2030. This initiative is significant as it seeks to not only advance technological capabilities but also to ensure that India plays a central role in shaping the future of telecommunications globally. The development of 6G is expected to introduce innovations such as ultra-reliable low-latency communication and advanced applications in areas like augmented reality and the Internet of Things (IoT). This initiative highlights the importance of staying ahead in technological advancements to foster economic growth and global competitiveness.

The B6GA aims to foster global collaboration by working alongside international 6G alliances to exchange knowledge and best practices. This objective highlights the importance of international cooperation in advancing technology standards and innovations in the telecommunications sector. Collaborating on a global scale allows for a more comprehensive approach to addressing technological challenges and opportunities, ensuring that advancements benefit a wider demographic rather than being confined to a single region. An interesting fact is that global collaborations in technology often lead to breakthroughs that may not have been possible in isolation, leveraging diverse expertise and perspectives.

The primary focus of Phase 2 of the Bharat 6G Project is the creation of intellectual property (IP) specifically for innovations led by India in the field of 6G technology. This phase aims to not only develop new ideas but also to lay the groundwork for large-scale commercialization through the implementation of testbeds. This strategic focus is essential for establishing India as a significant player in the global telecommunications landscape, particularly as the world transitions to newer and faster communication technologies. An interesting fact is that the development of 6G technology is expected to enable data transmission speeds up to 100 times faster than 5G, which could revolutionize various industries, including healthcare, transportation, and entertainment.

The International Telecommunication Union (ITU) is assessing several spectrum bands for 6G, including the 4400-4800 MHz range. This is part of a broader initiative to allocate new frequency bands to support the next generation of mobile communication technologies. The 4400-4800 MHz band is considered suitable due to its potential for high data rates and low latency, which are critical for advanced applications in 6G. An interesting fact is that the effective use of higher frequency bands can significantly enhance communication capacity, allowing for more users and devices to connect simultaneously.