Current Affairs 11 January 2025

Catch up on key news from 11 January 2025: 2024 declared hottest year, J&K lacks Advocate General, RBI introduces fixed interest mandates, and Rahul Gandhi granted bail in defamation case.

Current Affairs 11 January 2025
Key highlights from 11 January 2025: 2024 declared the hottest year, J&K lacks Advocate General, RBI mandates fixed-interest loans, and Rahul Gandhi granted bail.

Key Highlights: Current Affairs for 11 January 2025

  1. 2024: Hottest Year, Breaches 1.5°C Threshold

    • The World Meteorological Organization confirmed 2024 as the warmest year, surpassing the 1.5°C warming mark, with a global temperature 1.55°C above pre-industrial levels.
    • Six datasets, including Copernicus Climate Change Service, unanimously identified the record-breaking temperature.
  2. Jammu & Kashmir Without Advocate General

    • Jammu and Kashmir has been without an Advocate General for two months due to disagreements between the Lieutenant Governor and the Omar Abdullah-led government.
    • The J&K and Ladakh High Court raised concerns, urging immediate resolution to address critical legal matters like the reservation policy.
  3. RBI Mandates Fixed Interest Loan Option

    • The Reserve Bank of India mandated banks to offer fixed-interest-rate options for equated installment loans.
    • Banks must disclose annualized interest rates and update borrowers on EMI/tenor changes, issuing quarterly statements with detailed loan progress.
  4. Rahul Gandhi Granted Bail in Defamation Case

    • Rahul Gandhi appeared virtually in a Pune MP/MLA court and was granted bail on a ₹25,000 surety bond in the Savarkar defamation case.
    • The case pertains to alleged defamatory remarks made in London in March 2023, filed by Savarkar’s grandnephew Satyaki Savarkar.

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