Daily Current Affairs Quiz – 13th Sep 2024

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 13th Sep 2024. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2024 & other competitive exams can make use of these Current Affairs Quiz.

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1) To lessen the need for extra collateral, the Securities and Exchange Board of India (SEBI) updated the margin trading facilities (MTF) structure. When will the new regulations go into effect?

(a) October 1 2024

(b) November 1 2024

(d) September 30 2024

(e) November 30 2024

2) The fixed deposit (FD) rates of over seven small finance banks (SFBs) have recently raised to above what percentage for two-year tenures in order to compete with larger banks like State Bank of India (SBI) and HDFC Bank?

(a) 5%

(b) 4%

(d) 7%

(e) 8%

3) Which bank, one of Supertech Group’s lenders, has authorized and sanctioned the resolution plan for the company’s Dehradun project, clearing the path for the delivery of more than 600 homes?

(a) Bank of India

(b) Karnataka bank

(d) Punjab National Bank

(e) Bank of Baroda

4) The Indian government has made a huge step towards promoting green mobility by approving a how much crore incentive plan for the electric vehicle (EV) sector?

(a) Rs.14332crore

(b) Rs.14335crore

(d) Rs.14336crore

(e) Rs.14330crore

5) The Ministry of Rural Development, led by Minister Shivraj Singh Chouhan, has authorized a series of road development projects in how many Indian states?

(a) 1

(b) 2

(d) 4

(e) 5

6) The Union Cabinet has authorized the fourth phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY), the major rural roads scheme, with a significant investment of how much crore over the next five years?

(a) Rs.70125crore

(b) Rs.70225crore

(d) Rs.70425crore

(e) Rs.70525crore

7) The Union Cabinet, chaired by Prime Minister Narendra Modi, has accepted the Ministry of Power’s request to amend the financial assistance plan for Enabling Infrastructure for Hydroelectric Projects (HEP). What was the entire budgetary outlay?

(a) ₹12,461 crore

(b) ₹12,441 crore

(d) ₹12,471 crore

(e) ₹12,481 crore

8) The Union Cabinet has expanded Ayushman Bharat health coverage to all senior citizens aged 70 and up. This program would be conducted with a budget of how many crore?

(a) ₹3,437 crore

(b) ₹3,457 crore

(d) ₹3,477 crore

(e) ₹3,487 crore

9) As per the report, India is making tremendous progress toward becoming a worldwide powerhouse for semiconductor production, with the government authorizing investments in the sector worth more than how many billion?

(a) $10billion

(b) $12billion

(d) $20billion

(e) $5billion

10) According to the union telecom minister, India wants to expand the rollout of which 4G network in order to achieve full telecom coverage by mid-2025?

(a) MTNL

(b) BSNL

(d) Airtel

(e) VI

11) How much crores is the substantial budget for “Mission Mausam” for the next two years that the Union Cabinet, led by Prime Minister Narendra Modi, has approved?

(a) Rs.1000crore

(b) Rs.1200crore

(d) Rs.2000crore

(e) Rs.2500crore

12) Which nation approves the first-ever popular election of judges?

(a) Madagascar

(b) Mexico

(d) Thailand

(e) Hong Kong

13) For the next five years, which government has authorized the State Cooperative Dairy Federation and its associated milk unions to transfer its operations to the National Dairy Development Board (NDDB)?

(a) West Bengal

(b) Madhya Pradesh

(d) Maharashtra

(e) Haryana

14) Recently, C S Vigneshwar was chosen by the Federation of Automobile Dealers Associations (FADA) to serve as its __________ President for the 2024–2026 term.

(a) 34th

(b) 35th

(d) 37th

(e) 38th

15) Who has been named the new Managing Director of NABCONS (NABARD Consultancy Services), the National Bank for Agriculture and Rural Development’s wholly-owned subsidiary?

(a) Sai Giridhar

(b) Amar Jatin Sheth

(d) Y Haragopal

(e) Ashwin Kumar

16) The 5th India-Oman Joint Military Exercise AL NAJAH, which is being held in Oman, saw the departure of the Indian Army personnel. Where was the Fourth Edition held?

(a) West Bengal

(b) Madhya Pradesh

(d) Maharashtra

(e) Haryana

17) The anti-microbial vaccine ___________ will be co-developed and commercialized by Bharat Biotech and Alopexx Inc. for India and other low-income nations.

(a) AV0328

(b) AV0324

(d) AV0322

(e) AV0325

18) At the Indian Institute of Science (IISc), researchers from India have created a novel “brain on a chip” technology. In how many molecular film states can this technology process and store data?

(a) 15500

(b) 16500

(d) 12500

(e) 18500

19) The Central Institute of Brackishwater Aquaculture (CIBA) and Indian Immunologicals Limited (IIL) have joined forces to create a commercial vaccine that targets viral nervous necrosis (VNN) in finfish. The _____ largest fish producer in the world is India.

(a) 1

(b) 2

(d) 4

(e) 5

20) In order to conduct the first spacewalk by non-professional astronauts, SpaceX launched their audacious Polaris Dawn project, a multiday orbital expedition with a four-person civilian crew. How many individuals make up the Polaris Dawn crew?

(a) 2

(b) 3

(d) 5

(e) 6

21) By 2030, India’s Global Capability Centers (GCCs) are Expected to Grow Significantly. What percentage of Fortune 500 businesses, according to a research, plan to increase their presence in India by 2030?

(a) 50%

(b) 40%

(d) 70%

(e) 80%

22) The “Trade Connect e-Platform” is a new online tool that the Ministry of Commerce and Industry has unveiled to help current and prospective exporters improve and expedite their overseas commerce. In which year will the second iteration of this platform be put into effect?

(a) 2025

(b) 2026

(d) 2028

(e) 2029

23) Which state granted IREDA Global Green Energy Finance IFSC Limited a provisional registration to operate?

(a) Gujarat

(b) Sikkim

(d) Bihar

(e) Odisha

24) Who received the National Florence Nightingale Award-2024 as a devoted nursing officer at the Malkangiri District Headquarters Hospital (DHH)?

(a) Tejavath Susheela

(b) Poreddi Vijayalakshmi

(d) Ganapathy Santhi

(e) Januka Pandey

25) Which country has retained its lead in worldwide cryptocurrency adoption for the second straight year, despite strict rules and heavy trade taxes?

(a) Nigeria

(b) Indonesia

(d) Vietnam

(e) India

Answers :

1) Answer: A

Short Explanation:

The Securities and Exchange Board of India (SEBI) has revised the framework for margin trading facilities (MTF) to reduce the burden of additional collateral.

Effective Date:The new rules will come into effect from October 1, 2024.

Detailed Explanation:

The Securities and Exchange Board of India (SEBI) has revised the framework for margin trading facilities (MTF) to reduce the burden of additional collateral.

Cash Collateral as Maintenance Margin: Securities funded through cash collateral can now be considered as maintenance margin for MTF.

Applicability:This applies to securities received from the CC against the cash collateral provided, which are pledged as funded stocks in favour of the trading member.

Effective Date:The new rules will come into effect from October 1, 2024.

The margin for these stocks will be Value at Risk (VaR) plus five times the Extreme Loss Margin, irrespective of whether they are available in the futures & options (F&O) segment.

2) Answer: E

Short Explanation:

More than seven small finance banks (SFBs) have increased their fixed deposit (FD) rates to above 8% for two-year tenures in competition with major banks like State Bank of India (SBI) and HDFC Bank.

SFBs are offering 100-125 basis points higher on FDs than they did a year ago and approximately 120 basis points more than what big banks like SBI and HDFC Bank currently offer.

Detailed Explanation:

SFBs are offering 100-125 basis points higher on FDs than they did a year ago and approximately 120 basis points more than what big banks like SBI and HDFC Bank currently offer.

Current Offers:Utkarsh SFB and Suryoday SFB: Offering 8.5% on two to three-year tenures.

Equitas SFB: Offering 8.5% on deposits with a tenure of two years to less than three years.

Unity SFB: Offering 9% on deposits for 1,001 days.

Rates from Major Banks:SBI: Highest rate of 7.25% for 444 days.

HDFC Bank: Highest rate of 7.4%.

Both SBI and HDFC Bank offer an additional 50 basis points for senior citizens.

3) Answer: E

Short Explanation:

Bank of Baroda, one of the lenders in Supertech Group has approved and sanctioned the resolution plan for the company’s Dehradun project paving the way for delivery of over 600 homebuyers.

Supertech submitted a project-wise resolution plan to the National Company Law Appellate Tribunal (NCLAT), and this is the first project to receive lender approval.

Kotak Investment Advisors Ltd (KIAL) is investing ₹450 crore into Supertech’s stalled Noida project, providing significant financial support.

Detailed Explanation:

Bank of Baroda, one of the lenders in Supertech Group has approved and sanctioned the resolution plan for company’s Dehradun project paving way for delivery of over 600 homebuyers.

Supertech submitted a project-wise resolution plan to the National Company Law Appellate Tribunal (NCLAT), and this is the first project to receive lender approval.

Kotak Investment Advisors Ltd (KIAL) is investing ₹450 crore into Supertech’s stalled Noida project, providing significant financial support.

Supernova Project Details: The ‘Supernova’ project in Noida, which is 50% complete, includes the tallest residential tower in NCR.

It has a potential revenue of over ₹7,000 crore.

Impact on Other Projects: The revival of Supernova is expected to help Supertech resume other delayed projects.

4) Answer: B

Short Explanation:

The Indian government has taken a significant step to promote green mobility with the approval of a new Rs 14,335-crore incentive scheme for the electric vehicle (EV) sector.

Replacement of FAME: The new PM E-DRIVE scheme replaces the previous FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme.

Detailed Explanation:

The Indian government has taken a significant step to promote green mobility with the approval of a new Rs 14,335-crore incentive scheme for the electric vehicle (EV) sector.

Replacement of FAME: The new PM E-DRIVE scheme replaces the previous FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme.

Budget Allocation: Rs 10,900 crore has been allocated for the PM E-DRIVE scheme, which will be in effect for two years.

Subsidies: The scheme includes Rs 3,679 crore in subsidies for electric two-wheelers, three-wheelers, e-ambulances, e-trucks, and other emerging electric vehicles (EVs).

Electric Two-Wheelers and Three-Wheelers: The scheme will support approximately 24.8 lakh electric two-wheelers and 3.16 lakh electric three-wheelers.

E-Buses: A total of Rs 4,391 crore is allocated for the procurement of 14,028 e-buses by state or public transport agencies in cities such as Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Surat, Bangalore, Pune, and Hyderabad.

E-Ambulances:Rs 500 crore has been earmarked for the deployment of e-ambulances.

5) Answer: C

Short Explanation:

The Ministry of Rural Development, under the leadership of Minister Shivraj Singh Chouhan, has approved a series of road construction projects across three Indian states—Madhya Pradesh, Maharashtra, and Kerala.

Detailed Explanation:

Madhya Pradesh:

Roads Approved: 60 roads spanning a total of 152.44 km.

Scheme: The construction in Madhya Pradesh will be carried out under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan.

Budget Allocation: The total cost for these roads is estimated at Rs 113.58 crore.

Roads Approved: 117 roads with a total length of 745.286 km.

Scheme: The roads will be constructed under the Pradhan Mantri Gram Sadak Yojana (PMGSY).

Budget Allocation: The estimated cost for these road projects in Maharashtra is Rs 655.66 crore.

Infrastructure Approved: 11 bridges.

Scheme: The construction of these bridges will also be under the Pradhan Mantri Gram Sadak Yojana (PMGSY).

Budget Allocation: The project will be carried out at an estimated cost of Rs 55.28 crore.

6) Answer: A

Short Explanation:

The Union Cabinet has approved the fourth phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY), the flagship rural roads programme, with a significant outlay of Rs 70,125 crore over the next five years.

Detailed Explanation:

Total Length of Roads:62,500 kilometers of rural roads will be constructed.

New Connectivity: This phase aims to connect 25,000 unconnected habitations.

Bridge Construction: New bridges will also be constructed and existing ones upgraded on these roads.

Centre’s Share: The central government’s contribution is estimated at Rs 49,087.5 crore.

States’ Share: The state governments will contribute Rs 21,037.5 crore.

7) Answer: A

Short Explanation:

The Union Cabinet, led by Prime Minister Narendra Modi, has approved a proposal by the Ministry of Power to modify the scheme for budgetary support for the Enabling Infrastructure for Hydro Electric Projects (HEP).

This initiative aims to accelerate the development of hydropower projects across India, particularly in remote and hilly regions and is part of India’s broader goal to achieve 500 GW of renewable energy capacity by 2030.

Total Budget:₹12,461 crore.

Detailed Explanation:

Total Budget:₹12,461 crore.

Implementation Period: FY 2024-25 to FY 2031-32.

Target Capacity: Development of 31,350 megawatts (MW) of hydropower projects.

Applicable to all hydropower projects exceeding 25 MW capacity, including those developed by private sector entities through transparent allotment.

8) Answer: A

Short Explanation:

In a significant step towards enhancing healthcare access for the elderly, the Union Cabinet has approved the expansion of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to cover all senior citizens aged 70 years or above.

This move is set to benefit approximately 45 million families, encompassing around 60 million senior citizens, providing them with free health insurance coverage of ₹5 lakh on a family basis.

This initiative will be implemented with a budgetary outlay of ₹3,437 crore.

Detailed Explanation:

All senior citizens aged 70 years and above, regardless of their socio-economic status, will now be eligible for the benefits of AB-PMJAY.

This initiative will be implemented with a budgetary outlay of ₹3,437 crore.

The scheme provides cashless and paperless health insurance cover of ₹5 lakh per annum per family on a floater basis in empanelled hospitals across India.

As of now, over 352 million citizens have been covered under AB-PMJAY, receiving free hospitalization insurance.

9) Answer: C

Short Explanation:

India is making significant strides in becoming a global hub for semiconductor manufacturing, with the government approving investments exceeding $15 billion in the sector.

This move aligns with Prime Minister Narendra Modi’s ambitious goal to expand the country’s electronics sector to$500 billion by the end of the decade.

Detailed Explanation:

India is making significant strides in becoming a global hub for semiconductor manufacturing, with the government approving investments exceeding $15 billion in the sector.

This move aligns with Prime Minister Narendra Modi’s ambitious goal to expand the country’s electronics sector to$500 billion by the end of the decade.

Modi highlighted that India’s current electronics market is valued at approximately $155 billion, showcasing the country’s potential for rapid growth in this domain.

Micron Technology Inc., a US-based company, is set to build a $2.75 billion semiconductor assembly and test facility in Gujarat.

Israel’s Tower Semiconductor Ltd. is considering a $10 billion partnership with billionaire Gautam Adani to develop a fabrication plant in western India. However, a formal proposal for this venture is yet to be submitted to the Indian government.

10) Answer: B

Short Explanation:

Telecom Minister Jyotiraditya Scindia announced that 25,000 villages currently lacking telecom and mobile internet connectivity will be connected by mid-2025 as part of India’s efforts to achieve “full saturation” in telecom coverage.

Bharat Sanchar Nigam Limited (BSNL), the state-run telecom operator, is set to roll out its 4G network across India with the installation of 100,000 telecom towers by mid-2025.

India currently has 450,000 telecom towers nationwide. However, some villages remain without coverage.

Detailed Explanation:

Bharat Sanchar Nigam Limited (BSNL), the state-run telecom operator, is set to roll out its 4G network across India with the installation of 100,000 telecom towers by mid-2025.

India currently has 450,000 telecom towers nationwide. However, some villages remain without coverage.

To bridge this gap, the government has committed to erecting 20,000 additional towers with an investment of Rs 45,000 crore by mid-2025.

The Northeast region has the highest number of unconnected villages, with approximately 6,000 villages still lacking connectivity.

Scindia, who also oversees the Ministry for the Development of the North Eastern Region, emphasized the importance of bringing connectivity to these remote areas.

The government has set three broad targets for the telecom sector:

Expansion of telecom connections to unserved areas.

Indigenous production of telecom equipment, including mobile phones.

Advancing new technologies, such as contributing to the Bharat 6G Alliance and increasing India’s share of international telecom patents to 10 percent.

11) Answer: D

Short Explanation:

The Union Cabinet, led by Prime Minister Narendra Modi, has approved”Mission Mausam” with a significant budget of Rs 2,000 crore over the next two years.

This ambitious initiative aims to strengthen India’s capabilities in predicting and responding to extreme weather events and the impacts of climate change.

Detailed Explanation:

The Union Cabinet, led by Prime Minister Narendra Modi, has approved”Mission Mausam” with a significant budget of Rs 2,000 crore over the next two years.

This ambitious initiative aims to strengthen India’s capabilities in predicting and responding to extreme weather events and the impacts of climate change.

Lead Institutions:

India Meteorological Department (IMD)

Indian Institute of Tropical Meteorology (IITM)

National Centre for Medium-Range Weather Forecasting (NCMRWF)

Supporting Institutions:

Indian National Centre for Ocean Information Services (INCOIS)

National Centre for Polar and Ocean Research (NCPOR)

National Institute of Ocean Technology (NIOT)

12) Answer: B

Short Explanation:

Mexico became the first country to allow voters to elect judges at all levels.

The reform was driven by outgoing President Andrés Manuel López Obrador, who criticised the judiciary for favouring political and economic elites.

Constitutional Amendment: The reform was passed with 86 votes in favour and 41 against, surpassing the two-thirds majority required to amend the constitution.

Detailed Explanation:

Mexico became the first country to allow voters to elect judges at all levels.

The reform was driven by outgoing President Andrés Manuel López Obrador, who criticised the judiciary for favouring political and economic elites.

Constitutional Amendment: The reform was passed with 86 votes in favour and 41 against, surpassing the two-thirds majority required to amend the constitution.

Scope: The reform affects judges at all levels, including local, high-level, and Supreme Court judges.

Election Timeline: Around 1,600 judges are expected to stand for election in 2025 or 2027.

Opposition: Court employees and law students protested against the reform, arguing concerns about the potential impact on the judiciary.

13) Answer: B

Short Explanation:

The Madhya Pradesh government has approved the transfer of operations of the State Cooperative Dairy Federation and affiliated milk unions to the National Dairy Development Board (NDDB) for the next five years.

The opposition Congress views this decision as a potential “backdoor” entry for Gujarat’s Amul to take over MP’s state-run milk brand Sanchi since Amul is a major shareholder in NDDB.

This move follows a controversy in Karnataka over the alleged takeover of the state’s milk brand ‘Nandini’ by Amul.

Detailed Explanation:

The opposition Congress views this decision as a potential “backdoor” entry for Gujarat’s Amul to take over MP’s state-run milk brand Sanchi since Amul is a major shareholder in NDDB.

This move follows a controversy in Karnataka over the alleged takeover of the state’s milk brand ‘Nandini’ by Amul.

Previous NDDB Takeovers: NDDB has previously taken over operations of other state cooperatives, such as Mahananda Cooperative Dairy in Maharashtra and Sreeja Cooperative Dairy in Uttar Pradesh.

Milk Production: Madhya Pradesh is the third-largest milk producer in India, contributing 9-10% of the country’s total milk production, following Uttar Pradesh and Rajasthan.

14) Answer: D

Short Explanation:

The Federation of Automobile Dealers Associations (FADA) appointed C S Vigneshwar as its 37th President for the 2024-26 term.

Vigneshwar succeeds Manish Raj Singhania.

Detailed Explanation:

The Federation of Automobile Dealers Associations (FADA) appointed C S Vigneshwar as its 37th President for the 2024-26 term.

Vigneshwar succeeds Manish Raj Singhania.

The decision was made at FADA’s 315th governing council meeting, which followed its 60th Annual General Meeting.

Vigneshwar is the Managing Director of Anaamalais Toyota in Coimbatore, Tamil Nadu.

Sai Giridhar, MD of Saisha Motors Pvt Ltd, was elevated to Vice President.

Amar Jatin Sheth, Managing Director of Group Shaman, was appointed as Secretary.

Pradeep Agarwal, Managing Partner of JMG Group, was elected as Treasurer.

15) Answer: D

Short Explanation:

Y Haragopal has been appointed Managing Director of NABCONS (NABARD Consultancy Services), a wholly-owned subsidiary of the National Bank for Agriculture and Rural Development.

He was previously the Chief Operating Officer (COO) at NABCONS.

NABCONS has four Zonal offices in Mumbai, Hyderabad, Jaipur, and Guwahati.

Detailed Explanation:

Y Haragopal has been appointed Managing Director of NABCONS (NABARD Consultancy Services), a wholly-owned subsidiary of the National Bank for Agriculture and Rural Development.

He was previously the Chief Operating Officer (COO) at NABCONS.

NABCONS has four Zonal offices in Mumbai, Hyderabad, Jaipur, and Guwahati.

Y Haragopal joined NABARD in 1996 as a direct recruit officer; and served in various positions, including the Refinance Department at the Head Office (Mumbai) for 14 years and at regional offices in Punjab, Haryana, Andhra Pradesh, and Telangana.

He served as General Manager of NABARD’s Telangana Regional Office before joining NABCONS.

16) Answer: C

Short Explanation:

The Indian Army contingent departed for the 5th edition of India-Oman Joint Military Exercise AL NAJAH.

The exercise is scheduled to be conducted from 13th to 26th September 2024 at Rabkoot Training Area in Salalah, Oman.

Exercise AL NAJAH has been held biennially since 2015, alternating between India and Oman.

The 4th edition of the exercise was conducted at Mahajan in Rajasthan.

Detailed Explanation:

The Indian Army contingent departed for the 5th edition of India-Oman Joint Military Exercise AL NAJAH.

The exercise is scheduled to be conducted from 13th to 26th September 2024 at Rabkoot Training Area in Salalah, Oman.

Exercise AL NAJAH has been held biennially since 2015, alternating between India and Oman.

The 4th edition of the exercise was conducted at Mahajan in Rajasthan.

Participants :

The Indian Army contingent comprising 60 personnel is being represented by a Battalion of the Mechanised Infantry Regiment along with personnel from other arms and services.

The Royal Army of Oman contingent also comprising 60 personnel will be represented by the troops of Frontier Force.

Aim of the Joint Exercise : To enhance the joint military capability of both sides to undertake counter-terrorism operations under Chapter VII of the United Nations Charter.

The exercise will focus on operations in the Desert environment.

17) Answer: A

Short Explanation:

Hyderabad-based vaccine maker Bharat Biotech and clinical-stage U.S. biotechnology firm Alopexx Inc. will collaborate to co-develop and commercialise anti-microbial vaccine AV0328 in India and other low-income and lower-middle-income countries.

AV0328 is a proprietary broad-spectrum anti-microbial vaccine candidate from Alopexx.

It is designed to target poly N-acetyl glucosamine (PNAG), which is present on the surface of a variety of bacterial, fungal, and parasitic pathogens.

Detailed Explanation:

AV0328 is a proprietary broad-spectrum anti-microbial vaccine candidate from Alopexx.

It is designed to target poly N-acetyl glucosamine (PNAG), which is present on the surface of a variety of bacterial, fungal, and parasitic pathogens.

Alopexx will receive one-time upfront and milestone payments as well as royalties on future sales in the licensed territories.

Pre-clinical studies targeting PNAG showed effectiveness in preventing and treating infections caused by over 15 different pathogens.

A phase I, first-in-human trial of AV0328 has been completed.

The trial showed that the vaccine is well-tolerated with no serious adverse events and induced antibodies capable of killing a broad range of PNAG-expressing pathogens.

18) Answer: B

Short Explanation:

Indian scientists at the Indian Institute of Science (IISc) have developed a groundbreaking “brain on a chip” technology.

This technology can store and process data in 16,500 states within a molecular film.

Detailed Explanation:

Indian scientists at the Indian Institute of Science (IISc) have developed a groundbreaking “brain on a chip” technology.

This technology can store and process data in 16,500 states within a molecular film.

The research paper detailing this technology was published in the journal Nature.

Applications: This neuromorphic platform could enable complex AI tasks, such as training Large Language Models (LLMs), to be performed on personal devices like laptops and smartphones.

Design: The molecular system was designed by Prof Sreebrata Goswami and operates similarly to a human brain, creating a “molecular diary” for data processing and storage.

19) Answer: C

Short Explanation:

Indian Immunologicals Limited (IIL) and the Central Institute of Brackishwater Aquaculture (CIBA) have partnered to develop a commercial vaccine targeting Viral Nervous Necrosis (VNN) in finfish.

India’s Fish Production:India is the third-largest fish producer globally.

Over 65% of India’s fish production comes from inland fisheries and aquaculture.

Current Vaccine Situation:There are currently no commercially available fish vaccines in India.

Detailed Explanation:

India’s Fish Production:India is the third-largest fish producer globally.

Over 65% of India’s fish production comes from inland fisheries and aquaculture.

Current Vaccine Situation:There are currently no commercially available fish vaccines in India.

Infections in fish are managed with anti-infectives and other conventional measures, which have varying degrees of success.

Economic Impact of Infections:Aquaculture in India faces economic losses due to infections caused by bacterial, viral, fungal, and other agents.

20) Answer: C

Short Explanation:

SpaceX launched its daring Polaris Dawn mission, a multiday orbital expedition carrying a four-member civilian crew for the first spacewalk by non-professional astronauts.

The Polaris Dawn crew consists of four members: Anna Menon, Scott Poteet, Jared Isaacman, and Sarah Gillis.

The launch took place from Launch Complex-39A at NASA’s Kennedy Space Center (KSC).

Detailed Explanation:

SpaceX launched its daring Polaris Dawn mission, a multiday orbital expedition carrying a four-member civilian crew for the first spacewalk by non-professional astronauts.

The Polaris Dawn crew consists of four members: Anna Menon, Scott Poteet, Jared Isaacman, and Sarah Gillis.

The launch took place from Launch Complex-39A at NASA’s Kennedy Space Center (KSC).

Historical Context:Launch Complex-39A is historically significant for hosting NASA’s Apollo moon missions, which were the last crewed missions to travel as far as Polaris Dawn.

The astronauts are using newly developed SpaceX extravehicular activity (EVA) suits, equipped with heads-up displays, helmet cameras, and advanced joint mobility systems.

Polaris Program:Polaris Dawn is the first of three missions under the Polaris program.

The program is a collaboration between Jared Isaacman, founder of Shift4 Payments, and SpaceX, led by Elon Musk.

21) Answer: D

Short Explanation:

India’s global capability centres (GCCs) have dramatically transformed the tech landscape over the past five years.

According to a report, 70 per cent of Fortune 500 companies will expand their presence to India by 2030.

According to a report by Nasscom and Zinnov, titled ‘India GCC Landscape Report: The 5-year Journey’, the expansion of GCCs in India is set to continue at a robust pace, driven by increasing global roles, advancements in AI, and a focus on engineering and R&D.

Detailed Explanation:

India’s global capability centres (GCCs) have dramatically transformed the tech landscape over the past five years.

According to a report, 70 per cent of Fortune 500 companies will expand their presence to India by 2030.

Revenue Forecast: GCC revenue in India is expected to reach between $99 billion and $105 billion by 2030, marking a compound annual growth rate (CAGR) of 9-10% from the current revenue of $64.6 billion.

Number of GCCs: The number of GCCs is projected to increase to 2,100-2,200 by 2030, up from over 1,700 currently.

22) Answer: A

Short Explanation:

The Ministry of Commerce and Industry has introduced the “Trade Connect e-Platform”, a new online tool designed to streamline and enhance foreign trade for existing and aspiring exporters.

The platform will be updated regularly based on stakeholder feedback, with plans for a second version in 2025.

Detailed Explanation:

The Ministry of Commerce and Industry has introduced the “Trade Connect e-Platform”, a new online tool designed to streamline and enhance foreign trade for existing and aspiring exporters.

Lists export opportunities, rules, and tariffs for different countries.

Allows exporters to create a public webpage showcasing their company profile and products, initially for “status holders” recognized by the Department of Commerce.

The platform will be updated regularly based on stakeholder feedback, with plans for a second version in 2025.

23) Answer: A

Short Explanation:

IREDA Global Green Energy Finance IFSC Limited, a wholly-owned subsidiary of the Indian Renewable Energy Development Agency (IREDA), has secured provisional registration from the International Financial Services Centre Authority (IFSCA) to operate as a finance company in GIFT City.

IREDA Global Green Energy Finance IFSC Limited has been granted provisional registration to operate within the GIFT City, Gujarat.

Detailed Explanation:

IREDA Global Green Energy Finance IFSC Limited has been granted provisional registration to operate within the GIFT City, Gujarat.

IREDA shares were trading at ₹231.75 on the NSE, reflecting a decrease of ₹1.75 or 0.75%.

S&P Global Ratings recently assigned a ‘BBB-’ long-term and ‘A-3’ short-term issuer credit rating to IREDA with a ‘Stable’ outlook.

24) Answer: C

Short Explanation:

Sanjukta Sethi, a dedicated nursing officer at the Malkangiri district headquarters hospital (DHH), was honoured with the prestigious National Florence Nightingale Award-2024 by President Droupadi Murmu at Rashtrapati Bhawan.

National Florence Nightingale Award-2024 is presented by the Ministry of Health and Family Welfare to recognize exemplary service by nurses.

Detailed Explanation:

National Florence Nightingale Award-2024 is presented by the Ministry of Health and Family Welfare to recognize exemplary service by nurses.

Sanjukta Sethi has served as a nurse for 30 years, currently holding the position of nursing officer and OT in charge at Malkangiri DHH.

She is involved in mentoring skilled birth attendant (SBA) training, is a member of the district quality assurance team, and supervises biomedical waste management.

25) Answer: E

Short Explanation:

India has maintained its leadership position in global cryptocurrency adoption for the second consecutive year, despite facing stringent regulations and high trading taxes.

This insight comes from a recent report by blockchain analytics firmChainalysis.

Detailed Explanation:

India has maintained its leadership position in global cryptocurrency adoption for the second consecutive year, despite facing stringent regulations and high trading taxes.

This insight comes from a recent report by blockchain analytics firmChainalysis.

India ranks highly in the use of both centralized exchanges and decentralized finance (DeFi) assets from June 2023 to July 2024.

Binance, the world’s largest crypto exchange, was fined INR 18.82 crore ($2.25 million) in June 2024, shortly after registering with the FIU to resume operations. KuCoin faced a smaller penalty of INR 34.5 lakh in March 2024.

The Finance Ministry’s FIU is set to hear petitions from seven offshore crypto platforms seeking to restart operations in India. The platforms include Bitfinex, MEXC Global, Kraken, Huobi, Gate.io, Bittrex, and Bitstamp.

Top 5 countries:

India
Nigeria
Indonesia
United States
Vietnam

This post was last modified on September 14, 2024 11:51 am

3 months ago

Daily Current Affairs Quiz – 13th Sep 2024

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