Current affairs Jan 31(2025-02-01)

For explanation, https://www.youtube.com/live/1DWFvIwT6OM?si=xa8urT6u5bg-PrWG

The middle-income trap situation is experienced in a country due to
1. Loss of Competitive Advantage
2. Lack of Innovation & Productivity Growth 
3. Weak Institutions & Policies 
4. Stagnant Demand

Which Article of the Indian Constitution provides for the appointment of retired High Court judges as ad hoc judges?

Which of the following is NOT a condition mentioned in the 2021 judgment for appointing ad hoc judges?

What is "Point Nemo," recently in the news?

What is the primary reason the European Central Bank is cutting interest rates?