Current Affairs
Date: 24-12-2025
CURRENT AFFAIRS
1. Elon Musk Becomes the First Person with a Net Worth of $700 Billion
Elon Musk has made history by becoming the first person in the world to have a net worth exceeding $700 billion. According to the Forbes Billionaires Index, his total net worth is estimated at approximately $749 billion.
2. Jay Shah receives ‘Transformational Leader of the Year’ award
Among the biggest challenges during Jay Shah's tenure was the resumption of cricket activities in India during the COVID-19 pandemic. At that time, his priority was to organize the Indian Premier League in a safe environment and maintain the continuity of cricket administration.
3. Smriti Mandhana becomes the first Indian woman to score 4000 runs
Smriti Mandhana, the vice-captain of the Indian women's cricket team, has achieved a historic milestone upon her return to international cricket. She made history in the first Women's T20 International match against the Sri Lankan women's cricket team, played in Visakhapatnam on December 21, 2025.
4. HarperCollins India to Publish Mohar Basu's Book on Salman Khan
HarperCollins Publishers India has announced the publication of a new book based on Hindi cinema superstar Salman Khan, titled “Salman Khan: The Sultan of Bollywood.” The book is written by renowned journalist and author Mohar Basu and will be released on December 20, 2025, coinciding with Salman Khan's birthday.
5. James Webb Discovers Unique Lemon-Shaped Planet
Astronomers, using the James Webb Space Telescope, have discovered an extremely unusual exoplanet that challenges existing scientific theories about planetary formation and evolution. The planet, named PSR J2322-2650b, is roughly the size of Jupiter. It orbits a pulsar, a type of neutron star, as its host star, making it exceptionally rare.
6. President Approves ‘VB-G RAM G Bill’
A significant policy shift has occurred in India's rural employment landscape with the VB-G RAM G Bill, 2025, receiving presidential assent from President Droupadi Murmu, thus becoming law. The Ministry of Rural Development has officially confirmed this development. This new legislation replaces the long-standing Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and reflects the government's new approach to rural employment and livelihoods.
7. PM Modi inaugurates ₹10,601 crore fertilizer plant in Dibrugarh, Assam
Prime Minister Narendra Modi laid the foundation stone of an ammonia-urea fertilizer plant in Namrup, Dibrugarh district, Assam, on December 21, 2025. The project, costing ₹10,601 crore, is being developed under Assam Valley Fertilizers & Chemicals Company Limited (AVFCCL) and is considered a significant step towards India's self-reliance in fertilizers.
8. National Consumer Rights Day
National Consumer Rights Day is celebrated every year on December 24th to raise awareness about consumer rights and protection in India. This day is celebrated to commemorate the enactment of the Consumer Protection Act, 1986, which provided consumers with a robust legal framework. The main objective of this day is to make consumers aware of their rights and responsibilities and protect them from exploitation.
QUIZ (With Explanation)
1. What is Elon Musk's estimated net worth?
A - $650 billion
B - $700 billion
C - $749 billion
D - $800 billion
Explanation:
Elon Musk has become the first person in the world to have a net worth exceeding $700 billion. According to the Forbes Billionaires Index, his net worth is estimated at approximately $749 billion. This increase is not due to any new business deal, but rather a result of a judicial decision.
2. What historic reform was introduced in women's cricket under the leadership of Jay Shah?
A - Formation of a new women's team
B - Separate board for female athletes
C - Gender pay equality
D - Ending Test Cricket
Explanation:
During Jay Shah's tenure, safely resuming cricket activities amidst the Covid-19 pandemic was the biggest challenge. The Indian Premier League was successfully conducted through a bio-secure bubble and centralized organization.
3. Which batter is Smriti Mandhana to complete 4000 runs in women's T20I cricket?
A - First Indian
B - First Asian
C - First Indian and first Asian
D - First World Player
Explanation:
Smriti Mandhana has achieved a historic milestone upon her return to international cricket. She made history in the first Women's T20 International match against Sri Lanka in Visakhapatnam on December 21, 2025. She became the first Indian and the first Asian batter to complete 4000 runs in Women's T20I cricket.
4. Who wrote the book “Salman Khan: The Sultan of Bollywood”?
A - Shobhaa De
B - Mohar Basu
C - Anupama Chopra
D - Namrata Joshi
Explanation:
HarperCollins Publishers India has announced the publication of the book “Salman Khan: The Sultan of Bollywood,” based on Salman Khan. The book is written by renowned journalist and author Mohar Basu. It will be released on December 20, 2025, coinciding with Salman Khan's birthday. The book chronicles Salman Khan's cinematic journey spanning over three decades.
5. What is the name of the recently discovered bizarre exoplanet?
A - Kepler-452b
B - PSR J2322-2650b
C - Proxima-b
D - WASP-12b
Explanation:
Astronomers have discovered an extremely unusual exoplanet with the help of the James Webb Space Telescope. This planet, named PSR J2322-2650b, is approximately the size of Jupiter. It orbits a pulsar, a type of neutron star, which makes it very rare.
6. After whose approval did the VB-G RAM G Bill, 2025 receive the status of law?
A - Prime Minister
B - Lok Sabha Speaker
C - President Droupadi Murmu
D - Chief Justice
Explanation:
The VB-G RAM G Bill, 2025, has received presidential assent from President Droupadi Murmu and has become law. This new law replaces the Mahatma Gandhi National Rural Employment Guarantee Act. Its aim is to provide a modern and revised framework for rural employment and livelihoods.
7. What is the total estimated cost of the Namrup Fertilizer Project?
A - ₹8,500 crore
B - ₹9,200 crore
C - ₹10,601 crore
D - ₹12,000 crore
Explanation:
Prime Minister Narendra Modi laid the foundation stone for an ammonia-urea fertilizer project worth ₹10,601 crore in Namrup, Assam. This project is being developed under the Assam Valley Fertilizers and Chemicals Company Limited. It is a brownfield expansion project, which will utilize the existing industrial infrastructure.
8. Which act is related to National Consumer Rights Day?
A - Consumer Protection Act, 2019
B - Essential Commodities Act
C - Consumer Protection Act, 1986
D - Competition Act
Explanation:
National Consumer Rights Day is celebrated every year on December 24th. This day commemorates the enactment of the Consumer Protection Act, 1986. Its main objective is to create awareness among consumers about their rights and responsibilities.
ONE LINER
Who is the author of the book “Salman Khan: The Sultan of Bollywood”? – Mohar Basu
What will be the annual urea production capacity of the fertilizer plant to be established in Namrup, Assam? – 12.7 lakh metric tons
How many days of employment are guaranteed per rural household under the VB-G RAM G Act? – 125 days
Which telescope discovered the lemon-shaped exoplanet PSR J2322-2650b? – James Webb Space Telescope
Which court upheld Elon Musk's stock option package? – Delaware Supreme Court
What is the historic reform implemented in women's cricket under the leadership of Jay Shah? – Pay parity between male and female cricketers
Which cricket administrator successfully organized the IPL safely during Covid-19? – Jay Shah
Who became the first Indian and Asian batter to complete 4000 runs in women's T20I cricket? – Smriti Mandhana
Who became the first person in the world with a net worth exceeding $700 billion? – Elon Musk
On which date is National Consumer Rights Day celebrated every year? – December 24