CA-17/01/2026
Contents
1. Startup India marks its 10th anniversary
2. Chabahar Port
3. RBS-15 missile
4. Pufferfish
5. Karan Fries and Vrindavani cattle breeds
6. Jamma Bane
7. India’s IPO Boom
8. Nobel peace Prize
9. Lake Natron
Startup India marks its 10th anniversary
Why in news?
Startup India marks its 10th anniversary on January 16, 2026, celebrated as National Startup Day, with recent news highlighting massive growth and future plans. Launched in 2016 by Prime Minister Narendra Modi, the initiative has transformed India into the world's third-largest startup ecosystem.β
Key Achievements
- Scale of Ecosystem: Over 2.09 lakh startups recognised by DPIIT as of Dec 2025.
- Job Creation: More than 21 lakh jobs generated in ten years.
- Global Ranking: India is now the 3rd largest startup ecosystem globally.
- Unicorn Growth: 100+ unicorns across diverse sectors like fintech, edtech, healthtech, and SaaS.
- Geographic Spread: Nearly 50–51% startups from Tier-II/III cities, showing decentralization of innovation.
- Annual Growth Rate: Ecosystem growing at 12–15% annually.
Policy & Institutional Support
- Funding & Compliance Reforms: Simplified regulations, tax incentives, and easier access to capital.
- Mentorship & Incubation: Full lifecycle support from ideation to scale-up.
- Grassroots Programs: Schemes like SVEP, ASPIRE, PMEGP foster micro-enterprises, women-led ventures, and rural jobs.
- National Startup Day: Celebrated on 16 January 2026, marking the initiative’s 10-year milestone.
Broader Economic & Social Impact
- Innovation & R&D: Startups driving solutions in AI, clean energy, agritech, and healthcare.
- Youth Empowerment: A surge in entrepreneurial participation among young graduates and professionals.
- Inclusive Growth: Women entrepreneurs and rural innovators gaining visibility and support.
- Global Recognition: India positioned as a hub for innovation and venture capital in Asia.
Challenges Ahead
- Sustainability of Unicorns: Ensuring profitability beyond valuation hype.
- Global Competition: Competing with ecosystems like the US and China.
- Regulatory Evolution: Need for continuous reforms in taxation, IP rights, and ease of doing business.
- Funding Winter Risks: Addressing cyclical slowdowns in venture capital inflows.
Why in News?
India transferred around $120 million to Iran to meet obligations under the 2024 10-year agreement, reducing direct exposure to sanctions. Government officials from India Ports Global Ltd resigned, and its website went offline to shield personnel. A six-month US sanctions waiver, valid until April 2026, was granted as a special case following negotiations.β
Key Developments
- Strategic Withdrawal: To reduce direct exposure to sanctions, IPGL officials resigned and the company’s website went offline, effectively shielding personnel from legal and financial risks.
- Sanctions Waiver: The U.S. granted a sixβmonth waiver, valid until April 2026, permitting India’s limited operations at Chabahar as a special case. This was negotiated to balance India’s strategic interests with U.S. sanctions policy
Geopolitical Context
- Sanctions Pressure: The U.S. reimposed sanctions on Chabahar in September 2025, ending the earlier 2018 waiver that had allowed India’s involvement.
- India’s Balancing Act: India’s move reflects a dual strategy: fulfilling contractual obligations to Iran while minimizing exposure to U.S. penalties.
- Regional Stakes: Chabahar remains vital for India’s access to Afghanistan and Central Asia, bypassing Pakistan. However, sanctions complicate longβterm viability
About Chabahar Port
Chabahar Port is Iran’s only oceanic port, located on the Gulf of Oman, and plays a crucial role in regional trade and geopolitics. It is jointly developed by Iran and India, serving as a gateway for India to access Afghanistan and Central Asia while bypassing Pakistan.
Strategic Importance
- India–Iran–Afghanistan Partnership:
- India invested in Chabahar to gain direct access to Afghanistan and Central Asia without relying on Pakistan.
- A trilateral transit agreement (2016) supports this connectivity.
- Alternative to Gwadar Port (Pakistan):
- Chabahar is only ~170 km west of Gwadar, which is developed under China–Pakistan Economic Corridor (CPEC).
- It provides India and its partners a counterbalance to Chinese influence in the region.
- Connectivity Projects:
- Linked to the Chabahar–Zahedan railway, extending toward Afghanistan.
- Planned integration with broader regional rail networks like Mashhad–Herat–Mazar-i-Sharif.
Challenges & Risks
- Sanctions on Iran: International sanctions have slowed development and investment.
- Security Concerns: Located in a volatile region with insurgency risks.
- Competition: Gwadar’s rapid development under CPEC poses competitive pressure.
- Infrastructure Gaps: Rail and road connectivity projects are still incomplete, limiting full potential.
Why in news?
Swedish firm Saab recently showcased the RBS-15 missile's capabilities in a promotional video, highlighting its potential to neutralize Russian S-400 air defense components.
About
The RBS-15 (Robotsystem 15) is a Swedish long-range, fire-and-forget anti-ship and land-attack missile developed by Saab Bofors Dynamics and Diehl Defence. It is launchable from ships, aircraft, and land-based platforms, with modern variants like the RBS-15 Mk3 and Mk4 Gungnir offering ranges of 200–300+ km, advanced radar seekers, and powerful 200 kg warheads.
Key Features of the RBS-15
- Type: Surface-to-surface, air-to-surface, anti-ship, and land-attack missile
- Origin: Sweden, in service since 1984
- Launch Platforms: Ships, trucks, aircraft
- Range:
- Mk I/II: >70 km
- Mk III: >200 km
- Mk IV (Gungnir): >300 km
- Speed: Subsonic (~0.9 Mach, ~1111 km/h)
- Warhead: ~200 kg high-explosive blast and fragmentation
- Guidance: Inertial navigation, GPS, and active radar homing
- Trajectory: Programmable 3D waypoints for flexible attack paths
- Service Life: Designed for ~30 years
Strategic Importance
- Sea-skimming flight profile makes it hard to detect and intercept.
- Multi-role capability allows strikes against both naval and land targets.
- Flexible deployment from air, land, and sea ensures adaptability in modern warfare.
- Operators: Sweden, Germany, Poland, Croatia, Finland, and others.
Why in news?
India's first scientifically confirmed case of freshwater pufferfish poisoning has recently emerged as a significant public health concern.β
Key Facts About Pufferfish
- Defense Mechanism: They can inflate their bodies by swallowing water (or air when out of water), making themselves look larger and harder to eat.
- Toxins: Many species contain tetrodotoxin, a powerful neurotoxin that makes them highly poisonous to predators (and dangerous to humans if consumed improperly).
- Diet: They feed on algae, invertebrates, and sometimes shellfish. Their strong beak-like teeth help them crush hard shells.
- Habitat: Found in warm and temperate seas worldwide, often near coral reefs and coastal regions.
- Appearance: They have distinctive, often colorful patterns and spines that become more pronounced when inflated.
Key Risks & Precautions
| Issue |
Impact on Humans |
Impact on Fish |
Precaution |
| Tetrodotoxin |
Paralysis, death |
Not applicable |
Avoid consumption unless certified safe |
| Bacterial infections |
Not transmitted |
Ulcers, fin rot |
Maintain clean water |
| Parasitic infections |
Rare zoonotic risk |
Gill/skin damage |
Quarantine new fish |
| Fungal infections |
No human risk |
Cotton-like growths |
Treat with antifungal meds |
Karan Fries and Vrindavani cattle breeds
Why in news?
Karan Fries and Vrindavani cattle breeds received official registration from the Indian Council of Agricultural Research (ICAR) in January 2026, marking a boost to India's dairy sector with their high milk yields and climate resilience.
Importance of this registration
- Boost to Dairy Sector: Registration means these breeds are now formally acknowledged, encouraging wider adoption by farmers.
- High Milk Yields:
- Karan Fries averages ~3,550 kg per lactation, combining Holstein Friesian productivity with Tharparkar resilience.
- Vrindavani offers moderate but sustainable yields, balancing exotic genetics (HF, Jersey, Brown Swiss) with indigenous adaptability.
- Climate Resilience: Both breeds are tailored to withstand heat, humidity, and tropical stressors, making them more reliable for Indian conditions.
- Policy Impact: Official recognition helps in breeding programs, subsidies, and farmer outreach, ensuring these cattle are promoted as part of India’s dairy development strategy.
Karan Fries Details
Developed by ICAR-National Dairy Research Institute (NDRI) in Karnal, Haryana, Karan Fries results from crossing Holstein Friesian bulls with Tharparkar cows. It averages 3,550 kg milk per 10-month lactation (11.6 kg/day), with peaks up to 46.5 kg/day, and shows genetic stability after generations of breeding.β
Vrindavani Details
Created by ICAR-Indian Veterinary Research Institute (IVRI) in Bareilly, Uttar Pradesh, Vrindavani blends Holstein-Friesian, Brown Swiss, Jersey with Hariana cattle. It yields over 3,000 kg per lactation, supporting artificial insemination with over 192,910 sperm doses supplied since 2009.β
Significance
These breeds serve as foundation stock for crossbreeding programs, enhancing dairy output while conserving indigenous traits amid climate challenges. Adoption is expanding in Haryana districts like Karnal and Kurukshetra.β
Why in news?
The Karnataka government passed the Karnataka Land Revenue (Amendment) Act, 2025, to modernize Jamma Bane records.
About Jamma Bane
- Unique Kodagu system: Jamma Bane refers to a traditional land tenure system in Kodagu district. Land records often carried the names of original grantees even after generations, leaving current owners without clear legal documentation.
- Heritage & livelihood: These lands are central to the identity and economy of the Kodava community, but the lack of clarity caused disputes and limited access to modern land rights.
Key Features of the 2025 Amendment
- Integration with Karnataka Land Revenue Act, 1964: Aligns Jamma Bane records with the state’s mainstream land laws.
- Digitisation under Bhoomi Project: Ensures records are updated, digitized, and accessible.
- Clarity & reduced litigation: Provides legal recognition to current owners, reducing disputes over inheritance and ownership.
- Safeguarding rights: Protects stakeholders while maintaining conformity with broader land revenue provisions.
- Governor’s assent: The Act received assent from Governor Thawarchand Gehlot on January 7, 2026.
Importance
- For Kodagu residents: Resolves decades-old documentation issues that hindered property transactions, inheritance, and development.
- For governance: Strengthens land administration by eliminating ambiguities in records.
- For heritage: Balances modernization with respect for Kodava traditions.
Challenges & Risks
- Resistance from traditionalists: Some Kodava groups may fear loss of cultural identity.
- Implementation hurdles: Digitisation requires careful verification to avoid errors.
- Litigation transition: Ongoing disputes may take time to resolve under new rules.
Why in news?
SEBI Chairman highlighted India's lead in IPO numbers and third-place ranking by value as of early 2026, with 311 IPOs raising βΉ1.7 trillion in the first nine months of FY26. He noted the market cap-to-GDP ratio surpassing 130%, reflecting deepened participation from over 137 million investors.β
Drivers Behind India’s IPO Leadership
- Investor Appetite: Rising retail and institutional participation.
- SME Growth: Smaller firms increasingly tapping capital markets.
- Tech Momentum: Startups in fintech, EVs, SaaS, and consumer internet fueling excitement.
- Resilience: Despite weaker global equities, India’s IPO pipeline remained strong.
Challenges & Risks
- Market Volatility: Broader equity markets underperformed global peers, raising concerns about sustainability.
- Valuation Pressure: Rapid fundraising could lead to inflated valuations.
- Liquidity Risks: Retail-heavy participation may amplify volatility during downturns
India’s IPO Boom in 2025
- Record Listings: India saw 367–373 IPOs in 2025, depending on the source, far ahead of the U.S. (223 IPOs).
- Fundraising Scale: Companies raised $22.9 billion (βΉ1.95 lakh crore), marking a 12x jump compared to previous years.
- Global Share: India contributed 28.4% of global IPO volumes and 13.3% of total global fundraising.
- Sectoral Spread: Tech startups, SMEs, and traditional industries all participated. Notably, 18 tech startups went public, raising βΉ41,000 crore across fintech, SaaS, EVs, and consumer internet.
- Quarterly Strength: In Q1 2025 alone, India accounted for 22% of global IPO activity, raising $2.8 billion across 62 IPOs
Why in news?
Machado 2025 noble peace prize winner gifted her Nobel medal to US President Donald Trump during a White House meeting on January 15, 2026, sparking controversy. The Nobel Committee emphasized that prizes are inseparable from laureates and not transferable, though past recipients have sold or donated medals.ββ
Nobel Medal Transferability
- Medal vs. Prize: The Nobel Prize itself is inseparable from the laureate—it represents the recognition of their achievement. The medal, however, is a physical object that can be sold, donated, or gifted.
- Committee’s Position: The Nobel Foundation has clarified that while medals have been auctioned or donated, the honor of the prize cannot be transferred to another person.
- Historical Examples:
- Some laureates or their families have auctioned medals for charity or financial reasons.
- In 2014, James Watson (co-discoverer of DNA’s structure) sold his Nobel medal at auction.
- In 2015, Leonid Kantorovich’s medal was auctioned.
- Medals have also been donated to institutions or museums
Symbolism of the Prize
- Global recognition of nonviolent struggle.
- Encouragement for oppressed communities worldwide.
- Pressure on authoritarian regimes to respect democratic values.
Why in news
Recent articles from January 2026 highlight the lake's "deadly" petrifying effect on wildlife due to its high mineral content, renewing global awareness amid persistent pollution and development pressures.
About Lake Natron
Lake Natron is a highly alkaline salt lake in northern Tanzania, famous for its striking red waters and extreme environment that can preserve animals in a “stone-like” state.
Location & Geography
- Situated in Tanzania’s Arusha Region, near the border with Kenya, within the Gregory Rift (part of the East African Rift system).
- Coordinates: 02°25′S, 36°00′E.
- Elevation: ~600 meters (2,000 ft) above sea level.
- The lake is shallow, with depths rarely exceeding 3 meters, and is fed mainly by the Ewaso Ng’iro River and hot springs.
Risks & Challenges
- Human safety: Direct contact with the water can cause burns and irritation.
- Environmental threats: Proposed industrial projects (like soda ash extraction) have raised concerns about disrupting flamingo habitats.
- Climate sensitivity: Changes in rainfall and temperature could alter the delicate balance of the lake’s ecosystem.
Question & Answer
Question 1. The strategic importance of the Chabahar Port for India is primarily linked to which of the following geopolitical objectives?
Select your answer:
A) Providing an alternative sea route for crude oil imports directly bypassing the Strait of Hormuz.
B) Serving as a direct counterweight to the economic influence of the South China Sea agreements.
C) Facilitating regional trade access to Afghanistan and Central Asia without reliance on Pakistan's territory.
D) Securing long-term defence agreements with Iran against potential NATO sanctions.
Explanation: (C)
Chabahar is strategically vital as it allows India direct access to Afghanistan and Central Asia, thereby bypassing Pakistan, which aligns with the goal of the India–Iran–Afghanistan trilateral transit agreement.
Question 2. The public health concern arising from freshwater pufferfish consumption in India is primarily attributed to the presence of which highly potent neurotoxin in their tissues?
Select your answer:
A) Saxitoxin, found typically in paralytic shellfish poisoning.
B) Tetrodotoxin, concentrated in the liver and ovaries.
C) Botulinum toxin, produced by anaerobic bacteria.
D) Ricin, derived from castor oil seeds.
Explanation: (B)
The text explicitly identifies tetrodotoxin as the powerful neurotoxin contained in many species of pufferfish that makes them poisonous.
Question 3. Lake Natron in Tanzania is ecologically significant yet hazardous due to its extreme chemical composition. This lake is geographically situated within which major rift valley system?
Select your answer:
A) The Great Rift Valley, specifically the Gregory Rift.
B) The East African Volcanic Arc.
C) The Congo Basin Tectonic Plate Boundary.
D) The Malawi Trench system.
Explanation: (A)
Lake Natron is located in northern Tanzania within the Gregory Rift, which is part of the larger East African Rift system.
Question 4. Recent data on India's Initial Public Offering (IPO) market performance highlights its strong position globally. Which factor is noted as a significant driver for the sheer number of IPO listings?
Select your answer:
A) Increased dominance of large-scale Foreign Institutional Investor (FII) participation in primary markets.
B) The substantial growth and willingness of Small and Medium Enterprises (SMEs) to tap the capital markets.
C) Government mandates requiring all listed companies to reserve 50% of new issues for retail investors.
D) The regulatory shift allowing direct listing routes bypassing traditional book-building processes entirely.
Explanation: (B)
The information states that the 'SME Growth' and the listing of smaller firms were key drivers behind India's leadership in the number of IPOs recorded.
Question 5. Regarding the Nobel Peace Prize, the Nobel Foundation strictly maintains that while the physical medal can be transferred (sold or gifted), the honour itself is fundamentally inseparable from the recipient. This assertion is primarily based on the prize symbolizing:
Select your answer:
A) A financial endorsement based on the recipient's net worth at the time of the announcement.
B) The recipient's commitment to nonviolent action and global recognition of their specific contribution.
C) The monetary value of the associated endowment fund, which is transferable.
D) A political endorsement that can be fully ceded to a governing body or head of state.
Explanation: (B)
The Nobel Prize honours the specific achievement, nonviolent struggle, and global recognition afforded to the individual laureate; hence, the honour of the prize' cannot be transferred, even if the physical medal can be.
Question 6. The recent formal registration of the Karan Fries cattle breed is significant for the Indian dairy sector primarily because it represents a successful crossbreeding model that combines which two distinct genetic components?
Select your answer:
A) Gir cows with Jersey bulls for enhanced fat content.
B) Holstein Friesian bulls with Tharparkar cows for productivity and resilience.
C) Sahiwal bulls with Brown Swiss cows focusing on heat tolerance.
D) Hariana cows with exotic high-yielders in a purebred line.
Explanation: (B)
Karan Fries was developed by ICAR-NDRI through the crossbreeding of Holstein Friesian bulls with indigenous Tharparkar cows, aimed at achieving high productivity suitable for Indian conditions.
Question 7. Considering the recent milestone achieved by the Startup India initiative, which of the following statements best reflects its decentralized success in fostering innovation across India?
Select your answer:
A) The growth is primarily concentrated in the top metropolitan areas, as evidenced by the majority of Unicorns originating from Tier-I cities.
B) The initiative's success is quantified solely by the cumulative venture capital inflow, irrespective of job creation figures.
C) A significant portion of recognized startups now originates from Tier-II and Tier-III cities, indicating a broad geographical dispersal of entrepreneurship.
D) The primary policy success factor has been the consistent easing of the listing requirements for large, established technology firms.
Explanation: (C)
The provided information explicitly notes that nearly 50–51% of recognized startups hail from Tier-II/III cities, indicating a successful decentralization of innovation, contrary to option A.
Question 8. The Karnataka Land Revenue (Amendment) Act, 2025, sought to resolve long-standing documentation issues concerning which traditional land tenure system unique to the Kodagu district?
Select your answer:
A) Ryotwari System in the coastal regions.
B) Jamma Bane tenure.
C) Malnad Estates Rights.
D) Inamdar grants of the Deccan plateau.
Explanation: (B)
The amendment specifically targeted the Jamma Bane land tenure system prevalent in the Kodagu district, aiming to modernize and integrate its records into the mainstream state revenue laws.
Question 9. The Swedish RBS-15 missile system, recently highlighted for its capabilities, belongs to which general class of guided weapon based on its primary operational modes?
Select your answer:
A) Ballistic Surface-to-Surface Missile (BSM)
B) Long-range Hypersonic Cruise Missile (HCM)
C) Subsonic, multi-platform deployable Anti-Ship and Land Attack Missile.
D) Short-Range Air-to-Air Missile (AAM) with terminal guidance.
Explanation: (C)
The RBS-15 is described as a long-range, fire-and-forget missile launched from ships, aircraft, and land platforms, primarily used for anti-ship and land-attack roles, flying at subsonic speed.
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