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- The Government of India has notified that some sections of the Telecommunications Act, 2023, are set to be effective from ______________.
1) 25th July 2024
2) 30th November 2024
3) 26th June 2024
4) 30th August 2024
5) 25th December 2024Answer-3) 26th June 2024
Explanation:
On 21st June 2024, The Government of India, in exercise of powers given under sub-section (3) of section 1 of the Telecommunications Act, 2023 (44 of 2023) has notified that the provisions of sections 1, 2,10 to 30, 42 to 44, 46,47,50 to 58, 61 and 62 of the said Act will come into force from 26th June 2024.
• The Act has repealed the 138-year old Indian Telegraph Act, 1885, and the Wireless Telegraph Act (1933), and the Telegraph Wires (Unlawful Possession) Act (1950).
• The new Act mandated that prior authorisation from the Government will be required: to provide telecommunication services, establish, operate, maintain or expand telecommunications networks or possess radio equipment.
• With the implementation of these notified sections of the Act, the Digital Bharat Nidhi will replace Universal Service Obligation Fund (USOF), which was established under Indian Telegraph Act, 1885. - Which of the following points is/are ‘correct’ with respect to the three new criminal laws that will come into effect on July 1, 2024?
A) The Bharatiya Nyaya (Second) Sanhita (BNS2) Act, 2023, increased the maximum age of the victim from 16 to 18 years in cases of gang rape.
B) Bharatiya Nagarik Suraksha (Second) Sanhita (BNSS2) Act, 2023 repealed the Criminal Procedure Code (CrPC), 1973.
C) Bharatiya Sakshya (Second) Adhiniyam Act, 2023 repealed Indian Evidence Act (IEA), 1872.
1) Only A
2) Only B
3) Only C
4) Only B & C
5) All A, B & CAnswer-5) All A, B & C
Explanation:
On 21st June 2024, The Department of Personnel and Training (DoPT), the Ministry of Personnel, Public Grievances and Pensions(MoPPG&P) announced that 3 new criminal laws: Bharatiya Nyaya (Second) Sanhita (BNS2) Act, 2023; Bharatiya Nagarik Suraksha (Second) Sanhita (BNSS2) Act, 2023; and Bharatiya Sakshya (Second) Adhiniyam Act, 2023 will come into effect from 1st July, 2024.
• These 3 new criminal laws have repealed the British-colonial era laws: the Indian Penal Code (IPC), 1860; the Criminal Procedure Code (CrPC), 1973 and the Indian Evidence Act (IEA), 1872 respectively.
• BNS2 Act retains the provisions of the IPC which criminalises acts such as: rape, stalking and insulting the modesty of a woman, among others. It also increased the maximum age of the victim from 16 to 18 years, in case of gangrape.
• BNS2 Act mandates the conduct of forensic investigation for offenses punishable with 7 years of imprisonment or more.Click here to read more - According to the Hurun Research Institute‘s ASK Private Wealth Hurun India Future Unicorn Index 2024, ________ unicorns are there in India as of June 2024.
1) 25
2) 46
3) 106
4) 67
5) 152Answer- 4) 67
Explanation:
According to the Hurun Research Institute‘s ASK Private Wealth Hurun India Future Unicorn Index 2024, 25 future Unicorns (5 Gazelles and 20 Cheetahs) including Rapido, Koo, Dunzo, and Paper Boat, were dropped from the list. The drop reflects the impact of funding constraints and valuation corrections in the Indian startup ecosystem.
• As per the 2024 Index, India is currently home to 67 Unicorns, 46 Gazelles, and 106 Cheetahs as against 68 Unicorns 51 Gazelles, and 96 Cheetahs in the 2023 Index.
• Only 3 start-ups (2 Gazelles and 1 Cheetah) from the 2023 Index were promoted to Unicorns with a valuation of over USD 1 billion each, including Indian grocery delivery startup Zepto, fintech startup InCred Finance, and logistics startup Porter.
• The 2024 Index includes 152 Indian future unicorns from 31 cities.
• India’s future unicorns are valued at USD 58 billion collectively, with an increase of 1.8%, compared to the 2023 index.Click here to read more - The status of which species has been recently (in June ‘24) updated from Endangered to Vulnerable on the IUCN Red List of Threatened Species?
1) Himalayan Wolf
2) Iberian Lynx
3) Leopards
4) Great Indian Bustard
5) Asiatic lionAnswer-2) Iberian Lynx
Explanation:
The conservation status of the Iberian Lynx (Lynx pardinus), one of the world’s rarest cats native to Spain and Portugal, has improved from Endangered to Vulnerable on the International Union for Conservation of Nature (IUCN) Red List of Threatened Species, reflecting a significant increase in its population through conservation efforts.
• The population of the Iberian Lynx has exponentially increased to 648 in 2022 from 62 mature individuals in 2001.
• At present, the total population of lynx (including young and mature lynx) is estimated to be more than 2,000.
• The Iberian Lynx now occupies at least 3,320 square kilometers (km²), an increase from 449 km² in 2005. - Name the company that has recently (in June ‘24) launched India’s 1st Exchange Traded Fund (ETF)dedicated to the Automotive and EV markets.
1) SBI Mutual Fund
2) Bajaj Finserv Asset Management Limited
3) Aditya Birla Sun Life Asset Management
4) Mirae Asset Investment Managers (India) Pvt. Limited
5) Axis Mutual FundAnswer-4) Mirae Asset Investment Managers (India) Pvt. Limited
Explanation:
Mirae Asset Investment Managers (India) Pvt. Ltd has launched India’s 1st Exchange Traded Fund (ETF) named ‘Mirae Asset Nifty EV and New Age Automotive ETF’, dedicated to the New Age Automotive and Electric Vehicle (EV) markets. It is an open-ended scheme replicating/tracking the NIFTY EV and New Age Automotive Total Return Index (TRI).
• This new scheme aims to offer investors long-term capital appreciation by investing in leading companies within the dynamic automotive sector and its value chain.
• The New Fund Offer (NFO) of the scheme will be open for subscription from 24 June 2024 to 5 July 2024. The scheme will re-open for continuous sale and repurchase on 11 July 2024. - According to the ‘2024 World Investment Report: Investment Facilitation and Digital Government’, published by ________________, India’s Foreign Direct Investment (FDI) inflow was USD 28 billion in 2023.
1) Morgan Stanley
2) National Institute of Public Finance and Policy
3) United Nations Conference on Trade and Development
4) CRISIL
5) World BankAnswer-3) United Nations Conference on Trade and Development
Explanation:
According to the United Nations Conference on Trade and Development (UNCTAD)’s 2024 World Investment Report: Investment facilitation and digital government, India‘s Foreign Direct Investment (FDI) inflows fell by 43% in 2023, from USD 49 billion in 2022 to USD 28 billion in 2023.
• With this, India‘s rank among FDI recipients dropped to 15th in 2023 from 8th in 2022.
• India’s rank for FDI outflows improved to 20th in 2023 from 23rd in 2022.
• Global FDI decreased marginally by 2% to USD 1.3 trillion in 2023, with a sharper decline of over 10% (when excluding certain exceptions) in global foreign investments for the 2nd consecutive year.Click here to read more - Which bank has recently (in June ‘24) received the National Award from the Pension Fund Regulatory and Development Authority (PFRDA) for maximum enrolment under the Atal Pension Yojana (APY)?
1) Axis Bank
2) Punjab National Bank
3) Karnataka Vikas Grameena Bank
4) HDFC Bank
5) Indian BankAnswer-3) Karnataka Vikas Grameena Bank
Explanation:
Indian Regional Rural Bank (RRB), Karnataka Vikas Grameena Bank (KVGB) sponsored by Canara Bank, has received the National Award from the Pension Fund Regulatory and Development Authority(PFRDA) for maximum enrolment under Atal Pension Yojana (APY).
• The award was jointly presented by Vivek Joshi, Secretary, Department of Financial Services (DFS) under the Ministry of Finance (MoF), Government of India (GoI), and Deepank Mohanty, Chairman, PFRDA to Shreekant M Bhandiwad, Chairman, KVGB at the ceremony held on 21st June 2024 in New Delhi, Delhi.
• So far, more than 4.27 lakh (i.e. 4,27,736) combined accounts were opened by KVGB under APY. - Who was recently (in June ‘24) appointed as the Chairman and Managing Director (CMD) of Bharat Electronics Limited (BEL) with effect from June 20, 2024?
1) Rajendra Prasad Goyal
2) Manoj Jain
3) Sadanand Vasant Date
4) Ravindra Kumar Tyagi
5) Rushabh GandhiAnswer-2) Manoj Jain
Explanation:
Navratna Defence Public Sector Undertaking (DPSU) Bharat Electronics Limited (BEL) has appointed Manoj Jain as its new Chairman and Managing Director (CMD) with effect from June 20 2024.
• Prior to this position, he served as the Director (Research and Development – R&D) of BEL from September 2022 and additional charge of Bangalore complex Director from August 2023.
• He succeeds Bhanu Prakash Srivastava who served as CMD from November 2022 to June 19 2024. Presently Srivastava has been serving as the Director (other units) of BEL since April 20 2022. - Name the new genus of freshwater diatom, microscopic algae crucial to life, that was recently(in June ‘24) discovered in India.
1) Indopria
2) Brucethoa
3) Sphaerotheca
4) Trichoglossum
5) IndiconemaAnswer-5) Indiconema
Explanation:
Researchers from the Agharkar Research Institute (ARI) in Pune, Maharashtra have discovered ‘Indiconema’, a new genus within the Gomphonemataceae (diatom) family in India.
• The researchers discover a new astigmate gomphonemoid diatom from the Eastern Ghats and a closely allied species from the Western Ghats which were a members of the Gomphonemataceae in terms of symmetry and certain valve features.
• Diatoms are the first recorded microorganisms in India. It produces 25% of global oxygen, approximately every fourth breath of oxygen we inhale.
A team of herpetologists recorded the ‘Striped caecilian’ (Ichthyophis spp), a limbless amphibian in the Kaziranga National Park and Tiger Reserve, Assam, for the first time during a herpetofauna survey conducted from 14th to 17th June 2024. - Which state government has recently (in June ‘24) announced an extension of its sponsorship to Hockey India by 3 years until 2036?
1) Odisha
2) Gujarat
3) West Bengal
4) Assam
5) PunjabAnswer- 1) Odisha
Explanation:
Mohan Charan Majhi, Chief Minister(CM) of Odisha announced that the Government of Odisha will extend its sponsorship of the Hockey India(HI) for another three years till 2036, which will mark the completion of 100 years of the formation of Odisha as a separate state in 1936.
• The partnership was cemented during a high level meeting between CM Odisha Mohan Charan Majhi and Minister of State (MoS) Suryabanshi Suraj, Ministry of Youth Affairs and Sports (MoYAS), and delegation of Hockey India led by its president and Indian hockey legend Dilip Tirkey.
• In April 2023, the Odisha Government led by then CM Naveen Patnaik extended the sponsorship deal by 10 years till 2033 for Rs 434.12 crores.
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