Current_Affairs_Top_60_Q&1.pdf

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Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 1 This PAID PDF is provided by AffairsCloud’s dedicated team that works diligently to provide aspirants with high-quality content. We recommend you to purchase this PDF subscription and seize the opportunity to learn efficiently. Help Us to Grow & Provide Quality Service Click here to Download the CareersCloud APP Click here to Join the Telegram Channel Current Affairs Channel AffairsCloud Hindu Vocabs Suggestions & Feedback are welcomed [email protected] Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 2 Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 3  Current Affairs Top 60 Q&A PDF – September 2024 1st Week (1 - 9) 1. Which organisation has recently (in August ‘24) released a report titled “Pathways and Strategies for Accelerating Growth in Edible Oil Towards the Goal of Atmanirbharta”, outlining the strategic interventions to increase domestic oil production of India by 43.5 Million Tonnes (MT) for self-sufficiency? 1) United Nation 2) Food and Agriculture Organisation 3) Organization for Economic Cooperation and Development 4) NITI Aayog 5) Indian Council of Agricultural Research Answer- 4) NITI Aayog Explanation: On 29th August 2024, Suman Bery, Vice-Chairperson, National Institution for Transforming India (NITI Aayog) released report titled “Pathways and Strategies for Accelerating Growth in Edible Oil Towards the Goal of Atmanirbharta”. The report was presented by Dr. Neelam Patel, Senior Advisor (Agriculture), NITI Aayog. The report underscored that over the last decades, per capita consumption of edible oil in India has increased exponentially, reaching 19.7 kilogram (kg) per year. The report has outlined the strategic interventions to increase domestic oil production of India by 43.5 Million Tonnes (MT), to narrow the import gap and put country on a trajectory towards self-sufficiency. Overall, the strategic interventions proposed by the report can help to achieve the projected edible oil supplies of 36.2 million tonnes (MT) and 70.2 MT by 2030 and 2047 respectively. The report projected that by strategically retaining and diversifying oilseed crops and focusing on areas potentially lost to cereal cultivation will increase the country’s edible oil production by 20% in 9 states, with additional oil production of 7.36 MT and reduction in import dependence by 2.1MT. The report suggested that by utilizing 1/3rd (33%) rice fallow area in 10 states for oilseed cultivation can increase the oilseed production by 3.12 MT and reduce import by 1.03 MT.Click here to read more Option Revision: 1) Covered in July 2024:United Nation According to the latest United Nation(UN) report titled “State of Food Security and Nutrition in the World (SOFI) 2024: Financing to end hunger, food insecurity and malnutrition in all its forms”, around 733 million people faced hunger in 2023, which is equivalent to 1 in 11 people (approx. 9%) globally and 1 in 5 in Africa. 2) Covered in July 2024:Food and Agriculture Organisation According to the Food and Agriculture Organisation (FAO)’s report titled “The State of the World’s Forest 2024(SOFO 2024): forest-sector innovations towards a more sustainable future”, India Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 4 secured 3rd spot among the top 10 countries with most significant forest area gains during 2010 to 2020 period. 3) Covered in July 2024:Organization for Economic Cooperation and Development According to the Organization for Economic Cooperation and Development’s (OECD) report, Climate Finance Provided and Mobilised by Developed Countries in 2013-2022, developed countries provided and mobilised USD 115.9 billion as climate finance for developing countries in 2022. Dear Aspirants, We have introduced a new explanation section called “Option Revision” Exclusively on our Daily CA App Quiz. It will help aspirants to revise last 4 months CA via options. The news theme, relevant topic, and importance are taken into consideration when choosing an option. Question No. 1 gives you preview about option revision., Aspirants can get option revision for rest of questions on our Daily CA App Quiz(Explanation part) We would like to notify you that all kind of Question & Answer (Q&A) PDF for paid subscribers will be discontinued from December 31 2024. Subscribers can attend the Quiz as Usual!!! 2. Which of the following Central Public Sector Enterprises (CPSE) ‘not’ recently (in August ‘24) has been granted “Navratna status”? 1) Railtel Corporation of India 2) Solar Energy Corporation of India Limited 3) National Hydroelectric Power Corporation 4) Satluj Jal Vidyut Nigam Limited 5) Central Electronics Limited Answer- 5) Central Electronics Limited Explanation: Department of Public Enterprises, Ministry of Finance, Government of India has granted “Navratna status” to four Central Public Sector Enterprises (CPSEs) viz. Railtel Corporation of India (RCIL), Solar Energy Corporation of India (SECI) Limited, National Hydroelectric Power Corporation (NHPC), and Satluj Jal Vidyut Nigam Ltd. (SJVN). With this, the number of Navratna CPSEs has increased to 25 from 21. The Navratna scheme was introduced in 1997. CPSEs eligible for Navratna status must be Miniratna I, Schedule ‘A’, have an ‘excellent’ or ‘very good’ Memorandum of Understanding (MoU) rating for three of the last five years, and a Composite Score of 60 or above across six performance parameters. New Delhi, Delhi based RCIL, a ‘mini ratna’ PSU under the Ministry of Railways, has been upgraded as the 22nd Navratna CPSE. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 5  New Delhi based SECI Ltd, a miniratna Category-I CPSE under the Ministry of New and Renewable Energy (MNRE) has been upgraded as the 23rd Navratna CPSE. Faridabad, Haryana based NHPC, a mini ratna Category-I CPSE under the Ministry of Power has been upgraded as the 24th Navratna CPSE. Shimla, Himachal Pradesh (HP) based SJVN , a mini ratna, Category-I and Schedule ‘A’ CPSE under the Ministry of Power, has been upgraded as the 25th Navratna CPSE. 3. Which country has recently (in August 2024) signed a MoU with the Comptroller and Auditor General of India (CAG) to enhance bilateral cooperation and exchange expertise in the field of public sector auditing? 1) Gambia 2) Australia 3) Saudi Arabia 4) Nepal 5) Republic of the Marshall Islands Answer- 3) Saudi Arabia Explanation: The Comptroller and Auditor General of India (CAG) has signed Memorandum of Understanding (MoU) with the General Court of Audit, Kingdom of Saudi Arabia (Saudi Arabia) to enhance bilateral cooperation and exchange expertise in the filed of public sector auditing. The MoU was signed by Girish Chandra Murmu, the CAG of India and Hussam Al-Angari, President of the Saudi General Court of Audit during a bilateral meeting in Riyadh, Saudi Arabia. The key areas of cooperation include joint training programs for financial, performance, and compliance audits, as well as the exchange of audit manuals and methodology. 4. Which bank recently (in August ‘24) launched "GIGA," a comprehensive financial suite designed specifically for gig workers and freelancers? 1) IDFC First Bank 2) Kotak Mahindra Bank 3) Punjab National Bank 4) HDFC Bank 5) Axis Bank Answer- 4) HDFC Bank Explanation: HDFC Bank Limited has introduced GIGA, a comprehensive financial suite tailored for gig workers and freelancers in India. This program addresses the unique financial needs of the rapidly expanding gig economy, which includes a wide range of workers from various sectors. GIGA offers a specialised savings account, current account, debit and credit cards, flexible investment products, health insurance, and custom retail asset products. The GIGA Business Debit Card provides accelerated cashback and personal accidental death cover up to Rs 10 lakh. HDFC Ergo provides health insurance for gig workers and their families, with premiums starting at Rs 20 per day. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 6  Flexible Savings Account: Gig workers can maintain a quarterly balance (Rs 10,000 in metro/urban areas and Rs 5,000 in semi-urban/rural areas) and access options like Systematic Investment Plans(SIPs), Fixed Deposits (FDs) , and Recurring Deposits(RDs). 5. Who has been recently (in August ‘24) re-appointed as the Managing Director and Chief Executive Officer (MD & CEO) of the Central Depository Services (India) Limited (CDSL)? 1) Dileep Sanghani 2) Gurcharan Singh 3) Nehal Vora 4) Tapan Kumar Deka 5) Naveen Chandra Jha Answer- 3) Nehal Vora Explanation: The Securities and Exchange Board of India (SEBI) has approved the re-appointment of Nehal Vora as the Managing Director and Chief Executive Officer (MD & CEO) of the Central Depository Services (India) Limited (CDSL). He was appointed as MD & CEO of CDSL in September 2019 for a five- year term till September 17, 2024. 6. Who has been recently (in August ‘24) appointed as the Director General (DG) of the Central Industrial Security Force (CISF)? 1) Anish Dayal Singh 2) Rajwinder Singh Bhatti 3) Bharat Lal 4) Robert Jerard Ravi 5) Sanjaya Kumar Mishra Answer- 2) Rajwinder Singh Bhatti Explanation: On 28th August 2024, the Appointments Committee of the Cabinet (ACC) has approved the appointment of Rajwinder Singh Bhatti, 1990-batch Indian Police Service (IPS) officer of Bihar cadre, as the Director General (DG) of the Central Industrial Security Force (CISF) with effect from the date of assumption of charge of the post. He will hold the post for a tenure up to the date of his superannuation on September 30, 2025 or until further orders, whichever is earlier. He will succeed Anish Dayal Singh, DG of Central Reserve Police Force (CRPF), who has been holding additional charge as DG of CISF since August 2024. 7. Which airline has recently (in August ‘24) received Foreign Direct Investment (FDI) approval from the Government of India(GoI) for the proposed merger of Vistara with Air India Limited (AI)? 1) All Nippon Airways 2) Qatar Airways 3) Emirates 4) Singapore Airlines 5) Air France Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 7 Answer- 4) Singapore Airlines Explanation: Singapore Airlines Limited (SIA) has received approval from Government of India(GoI) for Foreign Direct Investment (FDI) as part of the proposed merger of Vistara with Air India Limited (AI). Once completed, this merger will create one of the world’s largest airline groups. On 12 November 2024, Vistara will officially merge with AI, transitioning its flight code from “UK” to “AI.” SIA also secured its approval to become part of the expanded AI entity as a result of the proposed merger. After the merger, SIA, which held a 49% stake in Vistara, will acquire a 25.1% stake in the merged entity (after a Rs 2,058.5 crore investment), comprising AI, AIE, and Vistara.Tata Group will have the remaining 74.9% stake in AI. 8. Name India’s first indigenously developed Pollution Control Vessel (PCV) of the Indian Coast Guard (ICG) that was recently (in August’24) launched at the event held at Goa Shipyard Limited (GSL). 1) Arowana 2) Rajdhwaj 3) Samudra Pratap 4) Rajshree 5) Vishwast Answer- 3) Samudra Pratap Explanation: Neeta Seth, wife of Sanjay Seth, Minister of State (MoS), Ministry of Defence (MoD), launched and named the Pollution Control Vessel (PCV), ‘Samudra Pratap’ for the Indian Coast Guard (ICG) in an event held at Goa Shipyard Limited (GSL), in Vasco da Gama, Goa. The event also witnessed the launch of ‘GSL Yard 1267’, another PCV for the ICG. These are the 1st indigenously built PCVs, designed and constructed entirely in-house by the GSL to meet the specific needs of the ICG. Samudra Pratap will aid in controlling oil spills along India’s coastline, whereas GSL Yard 1267 will help protect the maritime environment. GSL signed a Rs 583 crore contract on 22nd June 2021, to build 2 state-of-the-art PCVs for ICG. The vessel Samudra Pratap is 114.5 meters (m) long, 16.5 m wide, and displaces 4170 Tonnes (T). The Ship will be manned by 14 Officers and 115 Sailors. This advanced PCV has an Indigenous content of over 60%. It is designed for oil spill response operations in the Exclusive Economic Zone (EEZ) and beyond. 9. Which of the following points is/are ‘correct with respect to Prime Minister Narendra Modi’s visit to Maharashtra on 30th August 2024? A) PM Modi laid the foundation stone of Vadhavan Port, near Dahanu town in Palghar district, Maharashtra. B) PM Modi also launched the National Roll Out of Vessel Communication and Support system with total budget outlay of around Rs 360 crore. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 8 C) PM Modi addressed a special session at the 4th Global Fintech Festival (GFF 2024) held at the Jio World Convention Centre in Mumbai, Maharashtra. 1) Only A & B 2) Only B & C 3) Only A & C 4) Only A 5) All A, B & C Answer- 1) Only A & B Explanation: Narendra Modi, Prime Minister (PM) of India, visited Mumbai and Palghar in Maharashtra on 30th August 2024. i.PM Modi laid the foundation stone of Vadhavan Port, near Dahanu town in Palghar district, Maharashtra. The estimated budget of this project is around Rs 76,000 crore. ii.PM Modi also inaugurated and laid the foundation stone of 218 fisheries projects worth around Rs 1,560 crore in Palghar district, Maharashtra. This aims to strengthen the fisheries sector infrastructure and productivity across India. iii.PM Modi also launched the National Roll Out of Vessel Communication and Support system with total budget outlay of around Rs 360 crore. iv.PM Modi addressed a special session at the 5th Global Fintech Festival (GFF 2024) held at the Jio World Convention Centre in Mumbai, Maharashtra.Click here to read more 10. Which of the following points is/are ‘correct’ with respect to the ‘National Conference of District Judiciary’ held in New Delhi, Delhi on 31st August 2024? A) Prime Minister (PM) Narendra Modi unveiled the stamp with a value of Rs.10 commemorating 75 years of the establishment of the Supreme Court of India (SCI). B) PM also unveiled Rs.75 coin which is made up of Pure Gold with a diameter of 44 millimeter(mm) and weighs 75 grams. C) The President of India, Draupadi Murmu, delivered the valedictory address and unveiled the new flag and insignia of the SCI. 1) Only A & B 2) Only B & C 3) Only A & C 4) Only A 5) All A, B & C Answer- 3) Only A & C Explanation: On August 31, 2024, the Prime Minister (PM) of India Narendra Modi inaugurated the two-day long ‘National Conference of District Judiciary’ at Bharat Mandapam in New Delhi, Delhi. Organized by the Supreme Court of India (SCI), the event marked 75 years of the SCI. The PM Narendra Modi unveiled the stamp with a value of Rs.10 to commemorate 75 years of the establishment of the SCI. The PM also unveiled a Rs.75 coin which is made up of Pure Silver with a diameter of 44 millimeter(mm) and weighs 40 grams. The President of India, Draupadi Murmu, delivered the valedictory address and unveiled the new flag and insignia of the SCI. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 9  The flag is blue in colour featuring Ashoka Chakra, the SCI building, and the Constitution of India.Click here to read more 11. Which organisation has recently (in August ‘24) signed a tripartite MoU with the Delhi Development Authority (DDA) and the Municipal Corporation of Delhi (MCD) for drone surveys to combat land encroachments in New Delhi, Delhi? 1) National Sample Survey Office 2) Indian Institute of Surveying and Mapping 3) Survey Of India 4) Forest Survey of India 5) Geological Survey of India Answer- 3) Survey Of India Explanation: A tripartite Memorandum of Understanding (MoU) was signed between the Delhi Development Authority (DDA), the Municipal Corporation of Delhi (MCD), and the Survey Of India (SOI) to facilitate drone surveys to determine the status of encroachments on government-owned lands in New Delhi (Delhi). The MoU aims to generate comprehensive geospatial data resources through survey and mapping activities.It creates a foundation for data integration by the DDA, MCD, and various government departments of the Delhi government. It maximises resource utilisation and ensures comprehensive coverage of areas under their jurisdictions. 12. Name the project that was recently (in August ‘24) launched by the Indian Army to provide support and services to Defence pensioners, veterans, and their families. 1) Nexus 2) PARI 3) Yojak 4) NAMAN 5) Digital Shakti Answer- 4) NAMAN Explanation: The Indian Army (IA) has launched the first phase of Project NAMAN to provide support and services to Defence pensioners, veterans, and their families. The project was launched in the presence of General Upendra Dwivedi, Chief of the Army Staff (COAS) of the IA along with Sunita Dwivedi, President of the Army Wives Welfare Association (AWWA). Project NAMAN focuses on the implementation of the System for Pension Administration Raksha (SPARSH), a digital pension system that streamlines pension-related processes for Defence Pensioners, addressing the critical need for accessible facilitation points for Veterans and Next of Kin (NOK) throughout India. HDFC Bank has given the necessary Information Technology (IT) infrastructure to make the CSCs operational, while local military stations have contributed essential physical infrastructure and facilities. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 10 13. With which country did India sign the working plan on cooperation in the field of emergency management for 2025-2026? 1) Nepal 2) Ghana 3) Russia 4) Sri Lanka 5) Australia Answer- 3) Russia Explanation: On 28th August 2024, the 2nd meeting of the joint Russian- Indian Commission on the Cooperation in the Field of Emergency Management was held in Moscow, the capital city of Russia. The Indian delegation was led by Minister of State (MoS) Nityanand Rai, Ministry of Home Affairs (MHA), Government of India (GoI) at the meeting. During the meeting, India and Russia signed the working plan of joint Russian-Indian Commission on the Cooperation in the field of Emergency Management for 2025-26. India will host the 3rd meeting of Indo-Russian Joint Commission on the Cooperation in the Field of Emergency Management in 2026. 14. Which organisation has adopted a framework document on climate and sustainable development in its Climate Agenda in Modern Conditions Forum held in Russia on 29th & 30th August 2024? 1) Association of South-East Asian 2) South Asian Association for Regional Cooperation 3) Group 20 4) BRICS bloc 5) United Nations Answer- 4) BRICS bloc Explanation: The BRICS bloc, an intergovernmental organisation, comprising Brazil, Russia, India, China, South Africa, Egypt, Iran, United Arab Emirates (UAE), Saudi Arabia, and Ethiopia, has adopted a framework document on climate and sustainable development following a two-day BRICS Climate Agenda in Modern Conditions Forum held in Moscow, Russia. The framework covers various aspects of climate action, including a just transition, mitigation, adaptation, carbon markets, finance, science, and business involvement. As part of Russia’s BRICS Chairship, the thematic BRICS Climate Agenda in Modern Conditions Forum was held by the Ministry of Economic Development, Russia on 29 & 30 August 2024. Additionally, a Memorandum of Understanding (MoU) on the BRICS carbon markets partnership was introduced. The MoU was the 2nd document developed within the BRICS Contact Group on Climate and Sustainable Development. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 11 15. Which ministry has recently (in August ‘24) issued 6 new regulations that are related to investors in the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), and other Small Savings Scheme (SSS)? 1) Ministry of Labour and Employment 2) Ministry of Finance 3) Ministry of Cooperation 4) Ministry of Women and Child Development 5) Ministry of Communications Answer- 2) Ministry of Finance Explanation: The Department of Economic Affairs (DEA), under the Ministry of Finance (MoF), has issued 6 new regulations that are related to investors in Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), and other Small Savings Scheme (SSS). These new rules will come into effect from 1st October, 2024. These new rules have been adopted with the objective of regularizing irregularly opened accounts under National Small Savings (NSS) through the Post Office. These new regulations have been categorised into following sections such as: irregular NSS, PPF accounts opened under a minor’s name, holding various PPF accounts, extension of a PPF account by Non-Resident Indian (NRI), regularization of Sukanya Samriddhi Account (SSA) initiated by grandparents instead of guardians. 16. Which organisation has recently (in August ‘24) signed an airframer contract with SAFHAL Helicopter Engines Private Limited to develop and supply a helicopter engine named “Aravalli”? 1) Adani Defence & Aerospace 2) Hindustan Aeronautics Limited 3) Signaltron Systems Private Limited 4) Defence Research and Development Organisation 5) Bharat Electronics Limited Answer- 2) Hindustan Aeronautics Limited Explanation: Hindustan Aeronautics Limited (HAL), a Navaratna Public Sector Undertaking (PSU) under the Ministry of Defence (MoD), and SAFHAL Helicopter Engines Private Limited (SAFHAL) signed an airframer contract, to commence joint design, development, manufacture, supply, and support of a new generation high-power engine named “Aravalli”. The Aravalli engine will power the 13-ton Medium Lift class Indian Multi-Role Helicopter (IMRH), and the Deck-Based Multi-Role Helicopter (DBMRH), both designed and developed by HAL. The engine is named after the Aravalli Mountain Range (AMR), symbolising India’s aspirations for self-reliance in critical engine technologies. SAFHAL is a Joint Venture (JV) between Safran Helicopter Engines SAS and HAL, focused on new-generation helicopter engines in India. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 12 17. Which of the following countries did not recently (in August ‘24) sign a Charter and a MoU for the establishment of the Colombo Security Conclave (CSC) Secretariat in Colombo, Sri Lanka? 1) India 2) Maldives 3) Mauritius 4) Sri Lanka 5) Seychelles Answer- 5) Seychelles Explanation: Ajit Kumar Doval, National Security Adviser (NSA) to the Prime Minister (PM) of India, visited Colombo, Sri Lanka from 29-30 August 2024, for the signing of the Founding Documents of the Colombo Security Conclave (CSC), a regional security grouping. On 30th August 2024, India, the Maldives, Mauritius, and Sri Lanka signed a Charter and a Memorandum of Understanding (MoU) for the establishment of the CSC Secretariat in Colombo, Sri Lanka. The Colombo Security Conclave aims to address traditional, non-traditional, and emerging hybrid security challenges and has worked on capacity building in sectors such as Counter- Terrorism (CT), police, law enforcement, and cyber-security. CSC is a regional security initiative established in 2020 as a trilateral effort among India, Sri Lanka, and the Maldives.Click here to read more 18. Which of the following points is/are ‘correct’ with respect to the recently (in August ‘24) released World Health Organisation (WHO) South-East Asia Regional Status Report on Road Safety? A) India reported an increase in estimated road traffic deaths by 2% during 2010-2021 period. B) India reported around 1,53,973 road traffic fatalities in 2021 and has reported around 2,16,618 road deaths in the same period. C) As many as 3,30,222 deaths were reported in the South-East Region (SEARO) in 2021 due to Road Traffic Injuries (RTI). 1) Only A & B 2) Only B & C 3) Only A & C 4) Only A 5) All A, B & C Answer- 5) All A, B & C Explanation: According to the World Health Organisation (WHO)’s report titled “WHO South-East Asia Regional Status Report on Road Safety: Towards Safer and Sustainable Mobility”, India reported an increase in estimated road traffic deaths by 2% during 2010-2021 period. The report was released at the 15th World Conference on Injury Prevention and Safety Promotion (Safety 2024) held at Taj Palace in New Delhi, Delhi. India reported around 1,53,973 road traffic fatalities in 2021 and has reported around 2,16,618 road deaths in the same period. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 13  As many as 3,30,222 deaths were reported in the South-East Region (SEARO) in 2021 due to Road Traffic Injuries (RTI), which accounts for about 28% of global road traffic deaths. As per WHO estimates, the highest number of people who died in road accidents in India, were drivers or riders of motorized two/three wheelers (45.1%), followed by pedestrians (at nearly 19%) and drivers or passengers of motorized four-wheelers (at 12.9%).Click here to read more 19. Which of the following points is/are ‘correct’ with respect to the 5th edition of Global Fintech Fest (GFF) held in Mumbai, Maharashtra, from 28th August to 30th August 2024? A) RBI deputy governor T Rabi Sankar launched ‘UPI Interoperable Cash Deposit (UPI-ICD)’ in partnership with the National Payments Corporation of India (NPCI). B) Jio Financial Services Limited, a Non-Banking Financial Company (NBFC), has become the first NBFC to implement the National Payments Corporation of India’s (NPCI) e-KYC Setu system. C) Aurionpro Payments, a subsidiary of Aurionpro Solutions Limited received authorization from the RBI to operate as an online Payment Aggregator(PA). 1) Only A & B 2) Only B & C 3) Only A & C 4) Only A 5) All A, B & C Answer- 3) Only A & C Explanation: The Global Fintech Fest (GFF) is the largest 3- day fintech conference held from 28th August to 30th August 2024 at the Jio World Convention Centre, Mumbai, Maharashtra. The 5th edition of this annual event is jointly organized by the Payments Council of India (PCI), the National Payments Corporation of India (NPCI), and the Fintech Convergence Council (FCC). Theme – “Blueprint for the next decade of finance: Responsible AI| Inclusive| Resilient” RBI deputy governor T Rabi Sankar launched ‘UPI Interoperable Cash Deposit (UPI-ICD)’ at the GFF 2024 in partnership with the National Payments Corporation of India (NPCI). Mastercard has introduced the ‘Payment Passkey Service(PPS)’ in India and globally to enhance online shopping security and convenience. Fintech startup POP has launched India’s first multi-brand co-branded credit card, the ‘YES BANK POP-CLUB RuPay credit card’, developed in partnership with RuPay and YES Bank. HDB Financial Services (HDBFS), a Non-Banking Financial Company (NBFC), has become the first NBFC to implement the National Payments Corporation of India’s (NPCI) e-KYC Setu system. Aurionpro Payments, a subsidiary of Aurionpro Solutions Limited received authorization from the RBI to operate as an online Payment Aggregator(PA). The Amazon Pay ICICI Bank credit card, powered by VISA, has achieved a significant milestone – becoming the first co-branded credit card in India to onboard over 5 million customers nationwide.Click here to read more Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 14 20. According to the Securities Exchange Board of India (SEBI) revised guidelines, the Average Daily Delivery Value (ADDV) of stocks in the cash market in the previous 6 months must be a minimum of _________. 1) Rs 35 crore 2) Rs 15 crore 3) Rs 5 crore 4) Rs 25 crore 5) Rs 45 crore Answer- 1) Rs 35 crore Explanation: On 30th August 2024, the Securities Exchange Board of India (SEBI) revised the criteria for entry and exit of stocks in the Futures and Options (F&O) or derivatives segment to enhance market stability by ensuring only actively traded and financially robust stocks participate in the derivatives segment. These new guidelines were issued by SEBI through a circular in exercise of powers given under Section 11(1) and Section 11(2)(a) of the Securities and Exchange Board of India Act, 1992. The circular is effective immediately, and a 6 month gestation period has been granted to existing stocks to meet the requirements of new norms. SEBI has increased the Market Wide Position Limit (MWPL) of stocks over the previous 6 months, from the existing limit of Rs 500 crore to Rs 1500 crore. This increase in MWPL limit is introduced due to the market capitalization now standing at 2.8 times since the last review. As per the revised guidelines, Median Quarter Sigma Order Size (MQSOS), MQSOS over the previous 6 months, on a rolling basis has been increased from Rs 25 lakhs to Rs 75 lakhs. SEBI has cited that the average market turnover is now over 3.5 times the figure since the last review conducted in 2018. As per SEBI’s guidelines, Average Daily Delivery Value (ADDV) of stocks in the cash market in the previous 6 months must be minimum Rs 35 crore (from the existing Rs 10 crore). This is due to significant increase in the ADDV which has increased by over 3 times since the last review.Click here to read more 21. According to the National Statistical Office’s (NSO) Quarterly Estimates (QE), India’s Gross Domestic Product (GDP) was estimated to be _________ for the 1st Quarter of the Financial Year 2024-25. 1) 7.1% 2) 6.7% 3) 7.5% 4) 6.9% 5) 6.8% Answer- 2) 6.7% Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 15 Explanation: On 30th August 2024, the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), released the Estimates of Gross Domestic Product (GDP) For the First Quarter (April- June) of 2024-25, along with its expenditure components both at Constant (2011- 12) and Current Prices. According to the NSO data, India’s Real GDP slowed to a 15-month low of 6.7% in Q1of FY25 as compared to the growth rate of 8.2% in Q1 of FY24 (2023-24), mainly due to poor performance of the agriculture and services sector. Real Gross Value Added (GVA) registered a growth of 6.8% (in Q1of FY25) over the growth rate of 8.3% (in Q1of FY24). It is estimated at Rs 40.73 lakh crore in Q1of FY25, against Rs 38.12 lakh crore in Q1 of FY24. Real GDP or GDP at Constant Prices in Q1 of 2024-25 is estimated at Rs 43.64 lakh crore inQ1of FY25 against Rs 40.91 lakh crore in Q1 of FY24. As per NSO data, agriculture and its allied sector, a key component of the Indian economy saw a modest growth of 2.0%, down from 3.7% (in Q1FY24).Click here to read more 22. Which of the following is ‘not’ among the winners of the 66th edition of Ramon Magsaysay Awards (2024)? 1) Miyazaki Hayao 2) Farwiza Farhan 3) Ravi Kannan 4) Karma Phuntsho 5) Nguyen Thi Ngoc Phuong Answer- 3) Ravi Kannan Explanation: The Ramon Magsaysay Award Foundation (RMAF) has announced recipients of the 66th edition of Ramon Magsaysay Awards (2024), the premier prize of Asia and highest honor which recognises the greatness of spirit shown in selfless service to the peoples of Asia. The Ramon Magsaysay Award was established in 1958 in honor of President Ramon Magsaysay, the seventh president of the Philippines, Ramon Magsaysay Award is Asia’s highest honor. The award is internationally-recognized as the Nobel Prize of Asia. Recipients receive a Medallion, a Citation, and a cash prize of USD 50,000. Click here to read more 2024 Recipients: Winner Country Citation Miyazaki Japan The award recognised his lifelong commitment to the use of art Hayao (animation), to illuminate the human condition and his devotion to children as the torchbearers of the imagination. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 16  Farwiza Indonesia The award recognised her profound understanding of the vital Farhan connection between nature and humanity and her commitment to social justice and responsible citizenship through her work with forest communities. Karma Bhutan The award recognised his contributions towards harmonizing Phuntsho the richness of Bhutan’s past with the diverse predicaments and prospects of its present and inspiring young Bhutanese to be proud of their heritage and confident in their future. Dr. Nguyen Vietnam The award recognised her spirit of public service which serves Thi Ngoc as a warning for the world to avoid war at all cost. Phuong Rural Doctors Thailand The award recognised the Thai doctors advocating for Movement healthcare in rural areas and their continuing contribution to Thai people’s health. 23. Who has been recently (in August ‘24) presented with the ‘Olympic Order in Gold’ for his support to the 2024 Paris Olympic Games? 1) Rigoberta Menchú Tum 2) Emmanuel Macron 3) Thomas Bach 4) Anne Hidalgo 5) Amélie Oudéa-Castéra Answer- 2) Emmanuel Macron Explanation: Emmanuel Macron, President of France, was presented with the Olympic Order in Gold, for his unwavering support of the Olympic Games Paris 2024. He received this honour from Thomas Bach, President of the International Olympic Committee (IOC), at an official ceremony held at the Elysée Palace in Paris, France. This distinction honours his dedication and visionary leadership, which made the Paris Games a symbol of unity and global cooperation. Thomas Bach also presented the Olympic Order to Laurent Nuñez, the Paris Prefect of Police, a special police authority in France, and Nicolas Ferrand, Executive Managing Director (EMD) of SOLIDEO, the company responsible for delivering the Olympic facilities, since 2017. The Olympic Order, established in 1975, is the highest honour granted by the IOC. It recognises individuals who have made outstanding services to the Olympic movement through their contribution to the development of sport. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 17 24. Who has been recently (in August ‘24) appointed as Deputy Chief of the Air Staff (DCAS) of the Indian Air Force? 1) Dinesh Kumar Tripathi 2) Vivek Ram Chaudhari 3) Ashutosh Dixit 4) Kamal Kishore Soan 5) Tejinder Singh Answer- 5) Tejinder Singh Explanation: On September 1 2024, Air Marshal Tejinder Singh took over as Deputy Chief of the Air Staff (DCAS) of the Indian Air Force (IAF) at Vayu Bhawan, New Delhi, Delhi. He replaced Air Marshal Ashutosh Dixit, who was appointed as DCAS in May 2023. Prior to this appointment, he served as the Senior Air Staff Officer (SASO), the Headquarters (HQ) Eastern Air Command of the IAF at Shillong, Meghalaya. He has been awarded the Vayu Sena Medal (VM) in 2007 and the Ati Vishisht Seva Medal (AVSM) in 2022 by the President of India, in recognition of his meritorious service. On September 1 2024, Air Marshal Ashutosh Dixit took over as the Air Officer Commanding-in-Chief (AOC-in-C) of Central Air Command (CAC)of the IAF. 25. Which of the following points is/are ‘correct’ with respect to the proposals approved by the Union Cabinet chaired by Prime Minister Narendra Modi on 2nd September 2024? A) Seven major schemes for improving farmers’ lives and livelihoods with a total budget outlay of Rs 14,235.30 crore. B) The Cabinet Committee on Security (CSS) has approved the procurement of 240 aero- engines for IAF’s Su-30 MKI aircraft from Hindustan Aeronautics Limited (HAL) worth Rs 26, 000 crore. C) Setting up of 4th semiconductor unit under India Semiconductor Mission (ISM) in Ahmedabad, Gujarat. 1) Only A & B 2) Only A & C 3) Only B & C 4) Only B 5) All A, B & C Answer- 1) Only A & B Explanation: On 2nd September 2024, the Union Cabinet chaired by Narendra Modi, Prime Minister (PM) of India has approved: i.Seven major schemes for improving farmers’ lives and livelihoods with total budget outlay of Rs 14,235.30 crore. ii.Setting up of 5th semiconductor unit under India Semiconductor Mission (ISM) in Sanand, Gujarat. iii.Cabinet Committee on Security (CSS) has approved the procurement of 240 aero-engines for IAF’s Su-30 MKI aircraft from HAL worth Rs 26,000 crore. iv.Cabinet Committee on Economic Affairs (CCEA) has approved a 309 kilometer (km) long new line project, to provide the shortest rail connectivity between two major commercial hubs i.e. Mumbai (Maharashtra) and Indore (Madhya Pradesh (MP)). Click here to read more Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 18 26. Which of the following points is/are ‘correct with respect to the capital acquisition proposals approved by the Defence Acquisition Council (DAC)? A) DAC Union Defence Minister Rajnath Singh accorded the Acceptance of Necessity (AoN) for 10 capital acquisition proposals worth Rs 1,44,716 crore. B) The council granted approval for the acquisition of Air Defence Fire Control Radars to detect and track aerial targets and provide firing solutions. C) Approval also granted for Forward Repair Team (Tracked) vehicles for in-situ repairs during mechanized operations, designed and developed by Armoured Vehicles Nigam Limited (AVNL). 1) Only A & B 2) Only A & C 3) Only B & C 4) Only B 5) All A, B & C Answer- 5) All A, B & C Explanation: On September 3, 2024, the Defence Acquisition Council (DAC), chaired by Union Minister Rajnath Singh, Ministry of Defence (MoD), accorded the Acceptance of Necessity (AoN) for 10 capital acquisition proposals worth Rs 1,44,716 crore to boost India’s defence preparedness. 99% of the cost is from indigenous sources under Buy (Indian) and Buy (lndian- Indigenously Designed Developed and Manufactured) categories. The council granted approval for the acquisition of Air Defence Fire Control Radars to detect and track aerial targets and provide firing solutions. Approval also granted for Forward Repair Team (Tracked) vehicles for in-situ repairs during mechanized operations, designed and developed by Chennai, Tamil Nadu (TN) based Armoured Vehicles Nigam Limited (AVNL). It will be utilized by both mechanized Infantry Battalions and Armoured Regiments. Procurement of Dornier-228 aircraft for enhanced maritime surveillance. 27. What was the outlay of the Agri Fund for Start-Ups and Rural Enterprises (AgriSURE) that was recently (in August ‘24) launched by the Ministry of Agriculture and Farmers Welfare (MoA&FW)? 1) Rs.500 crore 2) Rs.1000 crore 3) Rs.750 crore 4) Rs.250 crore 5) Rs. 100 crore Answer- 3) Rs.750 crore Explanation: Union Minister Shivraj Singh Chouhan, Ministry of Agriculture and Farmers Welfare (MoA&FW) has launched a Rs.750 crore ‘Agri Fund for Start Ups and Rural Enterprises(AgriSURE)’ and Agri investment Portal named ‘KrishiNivesh’ at New Delhi, Delhi. He also conferred Agriculture Infrastructure Fund (AIF) Excellence Awards 2024 to the top-performing Banks and States under various categories in recognition of their outstanding efforts. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 19  Of the 750 crores, the Government of India and National Bank for Agriculture and Rural Development (NABARD) provided 250 crore each, and another 250 crore have to be raised from other institutions, including private investors. AgriSURE is registered with Securities and Exchange Board of India (SEBI) under the category of Category-II Alternative Investment Fund. NABVENTURES Limited, a wholly owned subsidiary of NABARD, serves as the Investment Manager to the Fund. KrishiNivesh Portal is a comprehensive platform designed to improve agribusinesses, attract investments, and increase farmers’ incomes.Click here to read more 28. Which organisation has recently (in September ‘24) signed a MoU with the Bureau of Energy Efficiency to promote energy efficiency in India? 1) ReNew Energy Global PLC 2) TotalEnergies 3) National Test House 4) Bharat Petroleum Corporation Limited 5) Bureau of Indian Standards Answer- 3) National Test House Explanation: National Test House (NTH) under the Department of Consumer Affairs (DCA), Ministry of Consumer Affairs, Food and Public Distribution (MoCAF&PD), and the Bureau of Energy Efficiency (BEE), a statutory body under the Ministry of Power (MoP), signed a Memorandum of Understanding (MoU) to strengthen the Standards & Labelling (S&L) Program, promoting energy efficiency across India. The MoU aims to promote sustainable development in India through energy conservation by saving electricity. BEE will recognise NTH as a referral laboratory for technical disputes regarding the test results. NTH, formerly known as the Government Test House, is India’s largest multi-location multidisciplinary industrial central government testing laboratory and a premier scientific and technical institution of India. 29. Name the Bilateral Naval Exercise between India and France that was held in the Mediterranean Sea from 2nd to 4th September 2024. 1) Exercise SHAKTI 2) JIMEX-24 3) Exercise Pitch Black 4) Exercise VARUNA 5) Exercise Garuda Answer- 4) Exercise VARUNA Explanation: The Indian Navy’s (IN) P-8I aircraft has arrived at Air Base 125 Istres-Le Tube in France, marking its first deployment in Europe, to participate in the 22nd edition of Exercise ‘VARUNA' (2024), an Indo- French Bilateral Naval Exercise. The Exercise was conducted in the Mediterranean Sea from 2nd to 4th September 2024. This deployment follows 63 years after the IN’s Alize aircraft operated from the erstwhile Indian Naval Ship (INS) Vikrant and last flew at Hyeres Airbase. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 20  The VARUNA 2024 will feature advanced tactical drills, highlighting the strengthened synergy and interoperability between the 2 navies. INS Tabar, which had earlier arrived in Toulon, France is also participating in the exercise. The 21st edition of this bilateral exercise was conducted on the Western Seaboard from 16 to 20 January 2023. 30. Which fintech company has recently (in August ‘24) launched India's first multi-brand co- branded credit card in partnership with RuPay and Yes Bank Limited? 1) Covrzy Technologies Private Limited 2) BranchX India Private Limited 3) TechFini 4) POPtech Growth Private Limited 5) Mswipe Technologies Private Limited Answer- 4) POPtech Growth Private Limited Explanation: POPtech Growth Private Limited (POP), a Fintech startup has launched India’s first multi-brand co- branded credit card, ‘YEB BANK POP-CLUB RuPay Credit Card’ which was developed in partnership with RuPay and Yes Bank Limited. It was launched at 2024 Global Fintech Festival (GFF), Mumbai (Maharashtra) in the presence of Amit Sinha, Head of Yes Bank’s credit card sales and partnerships, and Nalin Bansal, Chief of Corporate and Fintech Relationships at National Payments Corporation of India (NPCI). The card has no joining fee and comes with an exclusive set of joining benefits. The cardholders can earn rewards on every transaction using POPcoins. The users can earn 10% POPcoins for all online transactions, 2% POPcoins for offline transactions, and an extra 5% POPcoins for using the card with POP UPI. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 21 31. According to the World Bank’s recently released (in September ‘24) India Development Update (IDU), India’s Gross Domestic Product (GDP) was estimated to be _________ for the Financial Year 2024-25. 1) 6.5% 2) 6.8% 3) 7% 4) 7.2% 5) 8% Answer- 3) 7% Explanation: On September 3, 2024, the World Bank (WB) in its ‘India Development Update (IDU)- India’s trade opportunities in a changing global context’ upgraded India’s growth estimate to 7% from 6.6% for Financial Year 2024-25 (FY25). Despite global challenges and the fading effects of post-pandemic recovery, India’s medium-term outlook remains positive. The Gross Domestic Product (GDP) growth is projected at 6.7% for FY26 and FY27. The urban labour market improved gradually since the peak of the pandemic although youth unemployment remained elevated at around 17%. The Fiscal Deficit(FD) is anticipated to reduce from 5.6% of GDP in FY24 to 4.9% in FY25, further narrowing to 4.5% by FY26. The debt-to-GDP ratio is expected to decline from 83.9% in FY24 to 82% by FY27, aided by strong revenue growth and fiscal consolidation. 32. Name the aerospace company that has recently (in September ‘24) achieved the successful maiden flight of India's first Indigenous unmanned bomber aircraft, the FWD 200B. 1) Azista BST Aerospace Private Limited 2) Flying Wedge Defence and Aerospace 3) Adani Defence and Aerospace 4) Ikran Aerospace and Technologies Private Limited 5) Hindustan Aeronautics Limited Answer- 2) Flying Wedge Defence and Aerospace Explanation: Bengaluru (Karnataka)-based Flying Wedge Defence and Aerospace (FWDA), a defence and aerospace company, announced the successful maiden flight of India's first Indigenous unmanned bomber aircraft, the FWD 200B. The aircraft is classified as a Medium Altitude Long Endurance (MALE) Unmanned Aerial Vehicle (UAV). FWD 200B features a wingspan of 5 meters (m) and a length of 3.5 m. It has a maximum take-off weight of 102 kilograms (kg) and a payload capacity of 30 kg. It can fly at a cruising speed of 152 km per hour, with a maximum speed of 250 km per hour. 33. Who has recently (in August ‘24) won the National Chess Championship 2024 held in Gurugram, Haryana? 1) Karthik Venkataraman 2) Shyam Nikhil Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 22 3) Arjun Erigaisi 4) Divya Deshmukh 5) Praggnanandhaa Answer- 1) Karthik Venkataraman Explanation: Grandmaster (GM) Karthik Venkataraman from Andhra Pradesh(AP) won the National Chess Championship 2024, the 61st edition of the annual national chess championship of India, held at Rao Pahlad Singh (RPS) International School, in Sector 89, Gurugram, Haryana. GM Ganguly Surya Shekhar finished 2nd while International Master (IM) Neelash Saha finished 3rd. The championship, organised by the Haryana Chess Association under the aegis of the All India Chess Federation (AICF), was held from the 17th to 27th August 2024. The tournament boasting a prize fund of Rs 30 lakhs brought together 341 players from all across India. With this victory, Karthik qualified for the Fédération Internationale des Échecs’s (FIDE) Chess World Cup, which will take place in 2025. 34. Maharashtra Chief Minister (CM) Eknath Shinde inaugurated the 27th edition of _______________ at the Jio World Convention Centre in Mumbai, Maharashtra. 1) Global IndiaAI Summit 2) ONDC Startup Mahotsav 3) National Conference on e-Governance 4) International Conference on Steel Slag Road 5) United Nations Conference Answer- 3) National Conference on e-Governance Explanation: On 3rd September 2024, Eknath Shinde, Chief Minister (CM) of Maharashtra, inaugurated the 27th National Conference on e-Governance (NCeG) at the Jio World Convention Centre in Mumbai, Maharashtra. The 27th NCeG took place from 3rd to 4th September 2024 under the theme – “Viksit Bharat: Secure And Sustainable e-Service Delivery”. The event was jointly organized by the Department of Administrative Reforms and Public Grievances (DARPG), the Ministry of Electronics and Information Technology (MeitY), and the Government of Maharashtra. During the conference, 16 National Awards for e-Governance 2024 (NAeG 2024), which include 9 gold, 6 silver and 1 jury award, were conferred to various departments, organisations, institutions for their exemplary initiatives to promote innovation in e- governance. The NAeG Awards 2024 carries a Trophy, Certificate and incentive of Rs 10 lakh for Gold Awardees and Rs 5 Lakhs for Silver Awardees.Click here to read more 35. The President of India Droupadi Murmu has sanctioned the _______ Law Commission of India (LCI) for a three-year term from September 1, 2024, to August 31, 2027. 1) 20th 2) 21st Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 23 3) 22nd 4) 23rd 5) 24th Answer- 4) 23rd Explanation: The President of India Droupadi Murmu has sanctioned the 23rd Law Commission of India(LCI) for a three-year term, from September 1, 2024 to August 31, 2027. The Commission will focus on reviewing and recommending legal reforms and improvements to the legal system. The 23rd Law Commission will have a full-time Chairperson, four full-time Members (including a Member-Secretary), a Secretary, the Department of Legal Affairs as an ex officio Member, the Secretary of the Legislative Department as an ex officio Member, and a maximum of five part-time Members. The first Law Commission of independent India was established in 1955 for a 3-year term. The then Attorney-General of India, M. C. Setalvad was the chairman of this commission. The 22nd LIC, headed by Justice (retd) Ritu Raj Awasthi was working on reports on simultaneous elections and a Uniform Civil Code, but had not submitted them to the government before Awasthi left to become a member of the Lokpal in March 2024. 36. To whom the President of India has delegated the powers to constitute and appoint members of any authority, board, commission or statutory body under any law enacted by the Parliament applicable to the Government of National Capital Territory (NCT) of Delhi. 1) Lieutenant Governor 2) Prime Minister 3) Chief Minister 4) Lokpal Chairman 5) Chief Justice of India Answer- 1) Lieutenant Governor Explanation: The President of India, Droupadi Murmu, has delegated the powers to Lieutenant Governor (LG) of Delhi to constitute and appoint members of any authority, board, commission or statutory body under any law enacted by the Parliament applicable to the Government of National Capital Territory (NCT) of Delhi. Article 239 of the Constitution relates to the administration of the Union territories. Section 45D of the Government of NCT of Delhi (Amendment) Act, 2023 relates to power to appoint authorities, boards, commissions or statutory bodies. 37. Which insurance company has recently (in August ‘24) launched India's first Braille insurance policy named 'Special Care Gold', designed to provide the needs of Persons with Disabilities (PWDs)? 1) Kotak Mahindra Life Insurance Company Limited 2) ICICI Lombard General Insurance Company Limited 3) SBI General Insurance Company Limited 4) Star Health and Allied Insurance Company Limited 5) Federal Bank Limited Answer- 4) Star Health and Allied Insurance Company Limited Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 24 Explanation: Chennai, Tamil Nadu (TN) based Star Health and Allied Insurance Company Limited (Star Health Insurance) launched India’s first Braille insurance policy named ‘Special Care Gold’,designed to cater the needs of Persons with Disabilities (PWDs). The policy is launched for the persons with a disabilities as per ‘The Rights of Persons with Disabilities Act, 2016’ and for individuals with HIV/AIDS as defined under the ‘Human Immunodeficiency Virus(HIV) and Acquired Immune Deficiency Syndrome(AIDS) (Prevention and Control) Act, 2017’. It aimed to empower visually impaired individuals with opportunities for income generation in the insurance sector. Any person aged between 18 and 65 years can avail this policy. Dependent children are covered from newborn to 17 years of age. The policy offers a 1-year term with individual coverage options of Rs 4,00,000 and Rs 5,00,000. 38. Name the Fixed Deposit (FD) scheme that was recently (in August ‘24) launched by the Bank of India(BoI) with an interest rate of up to 7.25%. 1) Star Dhan Vriddhi 2) Amrit Vrishti 3) MAHA-DOC 4) Jeevan Samarth 5) Sukanya Samriddhi Yojana Answer- 1) Star Dhan Vriddhi Explanation: Bank Of India (BOI), one of India’s leading Public Sector Bank (PSB), has launched a Fixed Deposit (FD) scheme called ‘Star Dhan Vriddhi’, a term limit of 333 days effective from 1 September 2024. Under the Star DhanVriddhi, customers can deposit up to Rs 3 crore. The bank’s FD interest rates now range from 3% to 7.25% for general citizens on deposits below Rs 3 crore. For Senior Citizens (60-79 years), the interest rates range from 3% to 7.75%, and for Super Senior Citizens (aged 80 and above), the interest rates range from 3% to 7.90%. Senior citizens receive an additional 50 basis points (bps) and Super senior citizens will get an extra 65 bps on their Retail Term Deposits (RTDs) (less than Rs 3 crore) for tenures of 6 months to 3 years. 39. Which organisation had recently (in September ‘24) signed an MoU with Indian Institute of Management-Kozhikode’s Laboratory for Innovation, Venturing, and Entrepreneurship (IIMK LIVE) to drive innovation, research, and support for the Financial Technology (FinTech) start- ups in India. 1) Reserve Bank Innovation Hub 2) NITI Aayog 3) National Payments Corporation of India 4) National Association of Software and Service Companies 5) Centre for Development of Advanced Computing Answer- 1) Reserve Bank Innovation Hub Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 25 Explanation: Kerala based Indian Institute of Management-Kozhikode’s Laboratory for Innovation, Venturing, and Entrepreneurship (IIMK LIVE) and the Reserve Bank Innovation Hub (RBIH) have signed a Memorandum of Understanding (MoU) to drive innovation, research, and support for the Financial Technology (FinTech) start-ups in India. The MoU aims to build a unified, and robust ecosystem that accelerates FinTech growth and development through shared resources, expertise, and innovative strategies. This collaboration underscores a commitment to fostering growth and entrepreneurship in India’s FinTech landscape. 40. Which day is annually observed as National Teachers’ Day across India? 1) July 1 2) June 12 3) May 7 4) November 14 5) September 5 Answer- 5)September 5 Explanation: National Teachers’ Day is annually observed across India on 5 September to commemorate the birth anniversary of Bharat Ratna Dr. Sarvepalli Radhakrishnan, a great philosopher and scholar, who served as the 1st Vice-President and the 2nd President of Independent India. The day honours and recognises the dedication, hard work, and exceptional contributions of teachers to education and our society. The 1st National Teachers’ Day was observed on 5 September 1962, the 77th birth anniversary of Dr. Sarvepalli Radhakrishnan. On the occasion of National Teachers’ Day 2024, President Droupadi Murmu conferred the National Teachers’ Award 2024 (NTA 2024) to 82 recipients, at Vigyan Bhawan, in New Delhi, Delhi.Click here to read more 41. Name the Blockchain Technology Stack that was recently (in September ‘24) launched by the Ministry of Electronics and Information Technology (MeitY) to provide Blockchain-as-a- Service (BaaS) with a geographically distributed infrastructure. 1) eSankhyiki 2) Bima Central 3) Vishvasya 4) Bhooskhalan 5) eSwasthya Dham Answer- 3) Vishvasya Explanation: On 4th September 2024, S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY) launched the ‘Vishvasya’-Blockchain Technology Stack. It is designed to provide Blockchain-as-a-Service (BaaS) with a geographically distributed infrastructure to support various permissioned Blockchain based applications. This framework aimed at promoting research and application development and to enhance transparency, security, and efficiency in digital service delivery. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 26  MeitY unveiled a wide range of applications of Vishvasya BaaS like e-stamps solution, judiciary application, consent management framework, domicile certificate chain, tracking of agricultural produce, among others. The MeitY also launched the ‘NBFLite’-Lightweight Blockchain Platform, ‘Praamaanik’ and National Blockchain Portal. NBFLite is a blockchain sandbox platform, which is developed especially to cater the requirements of startups, academia like: rapid prototyping of applications, carrying out research and capacity building. Pramaanik is an innovative blockchain-enabled solution for verifying mobile application(app) origin and National Blockchain Portal to further support blockchain initiatives across the country. National Blockchain Portal is based on the Content Management System(CMS) to manage the contents related to the NBF initiative.click here to read more. 42. Which country's navy has recently (in September ‘24) signed an Implementing Agreement (IA) with the Indian Navy to enhance cooperation on submarine rescue support? 1) Japan 2) South Africa 3) Philippines 4) Mongolia 5) Pakistan Answer- 2) South Africa Explanation: The Indian Navy (IN) and the South African (SA) Navy has signed an Implementing Agreement (IA) to strengthen cooperation on submarine rescue support in order to ensure the safety of the South African Navy’s submarine crew in times of distress or accident. The IA was signed by Admiral Dinesh Kumar Tripathi, Chief of the Naval Staff (CNS) of the IN, and Vice Admiral Monde Lobese, Chief of the SA Navy in New Delhi (Delhi). The 12th India-South Africa Navy Staff Talks were held on August 27-28 2024 in New Delhi, Delhi to further enhance Navy-to-Navy collaboration between India and South Africa. As per the IA agreement, the IN will enhance the collaborative ties between the two navies by providing assistance through the deployment of its Deep Submergence Rescue Vehicle (DSRV) when required. The DSRV is a type of deep-submergence vehicle used for rescue of downed submarines and secret missions. 43. Name the India’s 1st Fashion Forecasting initiative that was recently (in September 2024) launched by the Union Minister Giriraj Singh, Ministry of Textiles? 1) PRAGATI-2024 2) Ideas4LiFE 3) SABB 4) VisioNxt 5) e-FAST India Answer- 4) VisioNxt Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 27 Explanation: On 5th September 2024, the Union Minister Giriraj Singh, Ministry of Textiles, launched ‘VisioNxt’ – Trend Insight and Forecasting lab, the India’s 1st Artificial Intelligence (AI) and Emotional Intelligence (EI) enabled trend forecasting Initiative developed by the National Institute of Fashion Technology (NIFT). He also launched the bilingual (Hindi and English) web portal of ‘VisioNxt’ and India's first ever Fashion Trend Book ‘Paridhi 24×25’. VisioNxt was established in response to the 2017 Global Textile Summit, where the need for India-specific fashion trend insights was highlighted. It Aims to reduce reliance on global forecasting agencies by offering localized insights for India’s fashion industry. Key features include a unique AI model, “DeepVision,” capable of analyzing over 100 categories of Indian and Western wear. 44. Which of the following points is/are correct with respect to the Prime Minister Narendra Modi’s visit to Brunei Darussalam and Singapore on 3rd to 5th September 2024? A) Narendra Modi inaugurated the new chancery premises of the Indian High Commission in Bandar Seri Begawan, Brunei Darussalam. B) MoU signed between India and Singapore on Cooperation in the operation of Telemetry, Tracking and Telecommand (TTC) Station for Satellite and Launch Vehicles. C) India and Singapore signed 4 key agreements on semiconductors; digital cooperation; health care and medical research; and education and skill development. 1) Only A & B 2) Only A & C 3) Only B & C 4) Only A 5) All A, B & C Answer- 2) Only A & C Explanation: Narendra Modi, Prime Minister (PM) of India was on a 3-day visit to Brunei Darussalam and Singapore from 3rd September to 5th September 2024. He visited Brunei from 3rd September to 4th September 2024 at the invitation of Sultan of Brunei Haji Hassanal Bolkiah and visited Singapore from 4th September to 5th September 2024 at the invitation of Lawrence Wong, PM of Singapore. On 3rd September 2024, PM Narendra Modi inaugurated the new chancery premises of the Indian High Commission in Bandar Seri Begawan, Brunei Darussalam. He described it as indicative of stronger ties between the two nations. On 4th September 2024, Prime Minister (PM) Narendra Modi held a bilateral meeting with Sultan of Brunei Haji Hassanal Bolkiah at Istana Nurul Iman in Bandar Seri Begawan, Brunei. Leaders of both countries witnessed the signing and exchange of a Memorandum of Understanding (MoU) on Cooperation in the operation of Telemetry, Tracking and Telecommand (TTC)Station for Satellite and Launch Vehicles. They also welcomed the upcoming commencement of direct flight connectivity between Bandar Seri Begawan, Brunei Darussalam and Chennai, Tamil Nadu (TN), India. This will boost stronger people-to-people linkages and provide increased trade and tourism activities between the two nations. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 28  The Ministry of Electronics and Information Technology (MeitY), Government of India (GoI) and Ministry of Trade and Industry, Singapore signed the Memorandum of Understanding (MoU) on the 4 key agreements on semiconductors, digital technology, health care and skill development during PM Modi’s two-day visit to Singapore. PM Narendra Modi announced that India’s first Thiruvalluvar Cultural Centre would soon open in Singapore.click here to read more. 45. Which country and India has recently (in September ‘24) launched the Infrastructure Financing Bridge to enhance their financial and professional services collaboration? 1) Nepal 2) Peru 3) United Kingdom 4) Azerbaijan 5) Spain Answer- 3) United Kingdom Explanation: The United Kingdom (UK) and India have launched the UK – India Infrastructure Financing Bridge (UKIIFB), a new initiative aimed at enhancing their financial and professional services collaboration. The UKIIFB agreement was signed between the City of London Corporation Limited and NITI Aayog (National Institution for Transforming India) in London, UK. The initiative leverages the UK’s expertise in project planning and phasing to attract long- term infrastructure investment to India. 46. Which country has recently (in September ‘24) signed MoU with the Comptroller and Auditor General of India (CAG) to strengthen Public Sector Audit Cooperation? 1) Netherlands 2) Thailand 3) Singapore 4) Iran 5) United Arab Emirates Answer- 5) United Arab Emirates Explanation: The Comptroller and Auditor General of India (CAG) has signed a Memorandum of Understanding (MoU) with the United Arab Emirates (UAE) Accountability Authority to strengthen cooperation between the two institutions in public sector audits. The MoU was signed by Girish Chandra Murmu, the CAG of India, and Humaid Obaid Khalifa Obaid Abushibs, the President of the UAE Accountability Authority during a bilateral meeting in Abu Dhabi, UAE. The MoU aims to promote and deepen collaboration between the two Supreme Audit Institutions (SAIs) in order to boost each institution’s professional ability and improve techniques in the field of Public Sector Auditing (PSA). Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 29 47. Who is the chairperson of the recently (In September ‘24) formed 22-member advisory committee by the Securities and Exchange Board of India (SEBI) to streamline the rules for listing obligations and disclosures? 1) Rajeev Kher 2) Abhaya Prasad Hota 3) Rama Subramaniam Gandhi 4) Sunil Mehta 5) Sanjay Nayar Answer- 3) Rama Subramaniam Gandhi Explanation: The Securities and Exchange Board of India (SEBI) has set up a 22-member advisory committee to streamline the rules for listing obligations and disclosures. The Advisory Committee on Listing Obligations and Disclosures (ACLOD) will be chaired by Rama Subramaniam Gandhi, a former Deputy Governor of the Reserve Bank of India (RBI). The committee will provide advice to SEBI on disclosure requirements, listing and post- listing obligations, harmonisation, and corporate governance. In June 2024, SEBI proposed 50 amendments to streamline disclosure and listing obligations, based on proposals from a separate expert committee of 21 members chaired by SK Mohanty, a former SEBI whole-time member. 48. Which Mutual fund company has recently (in September ‘24) launched India’s first Nifty 500 Momentum 50 Index Fund? 1) Motilal Oswal Mutual Fund 2) Mirae Asset Mutual Fund 3) HDFC Mutual Fund 4) Groww Mutual Fund 5) SBI Mutual Fund Answer- 1) Motilal Oswal Mutual Fund Explanation: Motilal Oswal Mutual Fund (MOMF) has launched its New Fund Offer (NFO), the ‘Motilal Oswal Nifty 500 Momentum 50 Index Fund’. This is India’s first 500 Momentum 50 Index fund. This NFO began on September 2, 2024 and will end on September 16, 2024. The objective of this open-ended index fund is to capture the Nifty 500 index’s high- momentum stock performance. The Nifty 500 Momentum 50 Index tracks the performance of fifty stocks chosen from the Nifty 500 index according to their normalised momentum score. It is designed to replicate the performance of the Nifty 500 Momentum 50 Total Return Index (TRI). 49. Who has been recently (in September 2024) appointed as the New Prime Minister of France? 1) Michel Barnier 2) Jeremiah Manele 3) Halla Tómasdóttir 4) Keir Starmer Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 30 5) Gabriel Attal Answer- 1) Michel Barnier Explanation: On 5th September 2024, Emmanuel Macron, President of France, appointed Michel Barnier (73 years old), Former Brexit negotiator, as the new Prime Minister (PM) of France. At 73, Barnier is the oldest of the 26 prime ministers that have served modern France’s Fifth Republic. Michel Barnier will take charge from the outgoing PM Gabriel Attal, who has been serving as the caretaker PM of France following the 2024 Election results. He is a veteran conservative politician from the right winged Republicans party (LR). He had received numerous honors, including France’s Chevalier of the Légion d’honneur and Commander of the Ordre du Mérite Maritime, and international awards like the Medal of the Oriental Republic of Uruguay and the Grand Cross of the Order of Prince Henry (Portugal), and Order of the Star of Romania. 50. Who was recently (in September 2024) recommended for the position of Managing Director (MD) of State Bank of India (SBI) by the Financial Services Institutions Bureau (FSIB)? 1) Rama Mohan Rao Amara 2) Atanu Chakraborty 3) Naveen Chandra Jha 4) Krishnan Venkat Subramanian 5) Shanti Lal Jain Answer- 1) Rama Mohan Rao Amara Explanation: The Financial Services Institutions Bureau (FSIB) has recommended Rama Mohan Rao Amara for the position of Managing Director (MD) of State Bank of India (SBI) to fill the vacancy created by the elevation of Challa Sreenivasulu (CS) Setty as the Chairman of SBI. Rama Mohan Rao Amara is currently serving as the Deputy MD of SBI (since July 2023). The final decision on the recommendation will be made by the Appointments Committee of the Cabinet (ACC), led by Prime Minister (PM) of India Narendra Modi. Amara will become the 4th MD of the SBI’ which is led by a Chairman and 4 MDs. Prior to his appointment as Deputy MD of SBI, He served as the MD and Chief Executive Officer (CEO) of SBI Cards and Payment Services since January 2021. STATIC GK 51. In August 2024, India launched its first survey of high-risk glacial lakes in Tawang and Dibang Valley of ___________. 1) Himachal Pradesh 2) Ladakh 3) Arunachal Pradesh 4) Sikkim 5) Uttarakhand Answer- 3) Arunachal Pradesh Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 31 Explanation: India launched its first survey of high-risk glacial lakes in Tawang and Dibang Valley, Arunachal Pradesh. It is led by the National Disaster Management Authority (NDMA). It is part of the National Glacial Lake Outburst Flood (GLOF) Mission. The survey aims to assess risks and feasibility for early warning systems and other preventive measures. It will evaluate lake accessibility, geo coordinates, boundaries, elevation, and land use patterns to install early warning systems and weather stations. 52. Name the Indian athlete who was recently(in August ‘24 honored at the INS Satavahana, the Indian Navy’s submarine training establishment 1) Avani Lekhara 2) PV Sindhu 3) Vinesh Phogat 4) Jyothi Yarraji 5) Preeti Pal Answer- 4) Jyothi Yarraji Explanation: INS Satvahana, under the Eastern Naval Command, honored Indian athlete Jyothi Yarraji for her groundbreaking achievement as the first female Olympic hurdler from India. Jyothi became the first Indian athlete ever to represent India in the women's 100 m hurdles event. INS Satavahana is the premier submarine training establishment of the Indian Navy. It imparts professional multi-level training to officers and sailors of the Indian Navy in the field of Submarine Warfare. 53. India Post Payments Bank (IPPB) has celebrated its _____ Foundation Day on 2nd September 2024. 1) 5th 2) 6th 3) 7th 4) 8th 5) 9th Answer- 3) 7th Explanation: India Post Payments Bank (IPPB) has celebrated its 7th Foundation Day on 2nd September 2024. About India Post Payments Bank- Managing Director & Chief Executive Officer (MD & CEO) – R. Viswesvaran Headquarters: New Delhi, Delhi Establishment – 2018 Tagline – Aapka Bank, Aapke Dwaar Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 32 54. Which bank has recently (in September ‘24) signed a MoU with the Department of Posts, Tamil Nadu postal circle to provide registered post services? 1) ICICI Bank 2) Yes Bank 3) Axis Bank 4) HDFC Bank 5) Karur Vysya Bank Answer- 4) HDFC Bank Explanation: The Department of Posts, Tamil Nadu postal circle, has signed a memorandum of understanding (MoU) with HDFC Bank to provide registered post services specifically designed for bulk customers. It aims to enhance the efficiency of handling high-volume Registered post mails thereby providing superior service to major organisations across the country. 55. Name the world's first AI & Deep Learning-Powered Health Monitoring App that was recently (in August ‘24) launched by Bisam Pharmaceuticals in Hyderabad, Telangana. 1) Fooducate 2) Sleep Cycle 3) Headspace 4) Apple Health 5) Quick Vitals Answer- 5) Quick Vitals Explanation: On 21 August 2024, Bisam Pharmaceuticals launched the world's first Artificial Intelligence (AI)- powered health monitoring app, "Quick Vitals," offering a groundbreaking way to monitor, check, and map vital health data through your smartphone or tablet, in Hyderabad, Telangana. Quick Vitals is an ISO-certified and CDSCO-approved, advanced AI-powered and Machine Learning-enhanced health monitoring application available on both the App Store and Play Store. This app developed by Bisam Pharmaceuticals Pvt Ltd under the leadership of Harish Bisam, utilizes the Photoplethysmography (PPG) technique to analyze light absorption changes due to blood volume variations. 56. Which ministry has recently (in August ‘24) released BioE3 Policy 2024? 1) Ministry of Agriculture 2) Ministry of Environment, Forest and Climate Change 3) Ministry of Science and Technology 4) Ministry of New and Renewable Energy 5) Ministry of Chemicals and Fertilizers Answer- 3) Ministry of Science and Technology Explanation: On 31 August 2024, Union Minister for Science and Technology Dr. Jitendra Singh released the Biotechnology for Economy, Environment, and Employment (BioE3) Policy 2024 in New Delhi. This policy will foster high-performance bio-manufacturing in India. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 33  He highlighted the six themes such as Bio-based chemicals and enzymes, Functional foods and Smart proteins, Precision biotherapeutics, Climate resilient agriculture, Carbon capture & its utilisation, and Futuristic marine & space research. India's bio economy increased from 10 billion USD in 2014 to over 130 billion USD in 2024, with projections to reach 300 billion USD by 2030. 57. Which organisation has recently (in August ‘24) launched Vulture Count 2024 aimed to monitor and conserve India’s vulture populations? 1) Wildlife Institute of India 2) World Wildlife Fund 3) South Asian Wildlife Enforcement Network 4) National Board for Wildlife 5) Wildlife Trust of India Answer- 2) World Wildlife Fund Explanation: On 30th August 2024, World Wildlife Fund (WWF)-India launched Vulture Count 2024 an initiative that involves counting of vultures and raising awareness on the critically endangered bird species. The launch of the initiative aimed at monitoring and conserving India’s vulture populations scheduled from 7th September to 6th October 2024, coincides with International Vulture Awareness Day, September 7th. Vulture Count 2024 aims to address this crisis by systematically monitoring vulture populations and track population trends, identify critical habitats, assess the impact of environmental changes, and develop targeted conservation strategies and policies. 58. Which Ministry has recently (in September ‘24) extended the deadline for the National Means cum Merit Scholarship Scheme (NMMSS) for the academic year 2024-25 to 30th September 2024? 1) Ministry of Science and Technology 2) Ministry of Skill Development and Entrepreneurship 3) Ministry of Rural Development 4) Ministry of Urban Development 5) Ministry of Education Answer- 5) Ministry of Education Explanation: On 2nd September 2024, The Ministry of Education extended the deadline for the National Means cum Merit Scholarship Scheme (NMMSS) for the academic year 2024-25. The new deadline for submitting applications through the National Scholarship Portal (NSP) is September 30, 2024. The deadline extension applies to both new applicants and students applying for renewal. 59. Which company has recently (in September ‘24) acquired a 35 % equity stake in Exxon Mobil Corporation's proposed world’s largest low-carbon hydrogen facility in Texas, the United States of America(USA)? 1) ConocoPhillips 2) Equinor ASA 3) Abu Dhabi National Oil Company Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 34 4) Aramco 5) Royal Dutch Shell plc Answer- 3) Abu Dhabi National Oil Company Explanation: Abu Dhabi National Oil Company (ADNOC) will acquire a 35 % equity stake in Exxon Mobil Corp's proposed world’s largest low-carbon hydrogen facility in Texas, the United States of America(USA). The upcoming facility will convert US produced natural gas into virtually carbon-free hydrogen, utilizing advanced carbon capture and storage technologies to remove approximately 98% of the associated Carbon dioxide(CO2) emissions The facility is expected to produce up to 1 billion cubic feet of low-carbon hydrogen daily, along with more than 1 million tons of low-carbon ammonia annually, making it the largest of its kind globally. 60. Which country will host the ICC World Test Championship final in the year 2025? 1) Sri Lanka 2) Australia 3) United Kingdom 4) South Africa 5) India Answer- 3) United Kingdom Explanation: The International Cricket Council (ICC) announced that the third World Test Championship (WTC) final will be played at Lord's Cricket Ground in London, United Kingdom (UK), from 11th to 15th June 2025. Aspirant Queries Aspirant: Does Affairscloud covers all the Current affairs topics related to examinations? Affairscloud: We Guaranteed All the Important topics related to examination are covered in Our Daily CA content and Daily CA Quizzes. Aspirant: Why is there a delayal in news? Affairscloud: As some of the major news sites doesn't provide the required data on the exact day, we take extra time for important Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 35 data to be presented to the aspirants on the examination basis to ensure nothing is missed. Example: In 'Important Days' topics the International Organisations publish their reports and Rankings in the evenings, to make sure every data is covered, we delay the topics to the next day Candidates appearing Competative Exams. Kindly Share the General Awareness questions to “[email protected]” GA Questions Asked in Exams Affairscloud’s Self Analysis for General Awareness Section Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 36 Most Trusted Source!!!!! Since 2014, nearly 85% of the questions in the General Awareness section on Bank Exams have been covered by Affairscloud@Careerscloud. Detailed Analysis of GA Questions asked in SBI Clerk Mains Exam 2023-2024: Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 37 Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 38