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- Name the credit education program that was recently (in July ‘24) launched by the Women Entrepreneurship Platform (WEP) in partnership with TransUnion CIBIL Limited to empower women entrepreneurs in India.
1) UNNATI
2) START
3) MYUVA
4) ADITI
5) SEHERAnswer-5) SEHER
Explanation:
On July 5, 2024, the Women Entrepreneurship Platform (WEP) and TransUnion CIBIL Limited (Formerly: Credit Information Bureau (India) Limited) partnered to launch SEHER, a credit education program aimed at empowering women entrepreneurs in India with financial literacy, credit education, and business skills to enhance their access to financial tools and drive economic growth.
This program will support India’s USD 5 trillion economy goal by empowering women to start and grow profitable businesses.
The program was launched by Anna Roy, Mission Director of WEP and Principal Economic Adviser, NITI Aayog (National Institution for Transforming India).
As per the Udyam Registration Portal (URP) of the Ministry of Micro, Small, and Medium Enterprises (MoMSME), India has 63 million MSMEs, with 20.5% being women-owned, employing 27 million people. - In July 2024, the Government of India (GoI) mandated the Indian Standards Institution (ISI) mark for stainless steel and aluminium kitchen utensils to conform to the national quality standards set by the __________.
1) Geographical Indication Registry
2) International Organization for Standardization
3) Competition Commission of India
4) Food Safety & Standards Authority of India
5) Bureau of Indian StandardsAnswer-5) Bureau of Indian Standards
Explanation:
The Government of India (GoI) has mandated the Indian Standards Institution (ISI) mark for stainless steel and aluminium kitchen utensils to conform to the national quality standards set by the Bureau of Indian Standards (BIS).
The ISI mark developed by the BIS is aimed at assuring product quality and safety, enhancing customer safety.
The ISI mark is now compulsory for these utensils, with non-compliance being punishable.
BIS has formulated 2 Indian Standards: IS 14756:2022 for stainless steel and IS 1660:2024 for aluminium utensils. - In July 2024, Maharashtra Chief Minister (CM) Eknath Shinde released a ___________ commemorative coin in memory of Freedom Fighter Jawaharlal Amolakchand Darda on his 101st birth anniversary.
1) Rs 90
2) Rs 100
3) Rs 250
4) Rs 500
5) Rs 75Answer-2) Rs 100
Explanation:
On 2nd July 2024, Eknath Shinde, Chief Minister (CM) of Maharashtra, released the Rs 100 commemorative coin marking the birth centenary of Jawaharlal Amolakchand Darda, freedom fighter and Founder-Editor of Lokmat Media Group.
The coin was released on the 101st birth anniversary of Jawaharlal Darda (2nd July 2024) at Yashwantrao Chavan Auditorium in Nariman Point, Mumbai, Maharashtra.
The ceremony celebrated Jawaharlal Darda’s enduring legacy and Lokmat’s significant role in Maharashtra’s media landscape.
The circular coin made of quaternary alloy weighs 35 grams has a diameter of 44 millimeter(mm). - Which ministry has recently (in July ‘24) signed a MoU with Convergence Energy Services Limited (CESL) to facilitate the “Sustainable Transport for Rural Entrepreneurs through Electric Bicycles” (STREE) for Self Help Group (SHG) Women?
1) Ministry of Road Transport and Highways
2) Ministry of Women and Child Development
3) Ministry of Rural Development
4) Ministry of Electronics and InformationTechnology
5) Ministry of Skill Development and EntrepreneurshipAnswer-3) Ministry of Rural Development
Explanation:
The Ministry of Rural Development (MoRD) signed a Memorandum of Understanding (MoU) with Convergence Energy Services Limited (CESL), to facilitate the “Sustainable Transport for Rural Entrepreneurs through Electric Bicycles” (STREE) for Self Help Group (SHG) Women under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).
STREE aims to empower the rural economy, especially rural women, by providing access to green mobility through Electric Bicycles.
This partnership is expected to support the economic and social empowerment of rural women and accelerate the creation of “Lakhpati Didis” (women earning one lakh rupees or more annually). - In July 2024, the Indian Space Research Organisation (ISRO) launched the _______________ as a part of the first National Space Day (NSpD 2024) celebrations.
1) Zero Emission Initiative
2) Bharatiya Antariksh Hackathon
3) Indian Space Situational Assessment Report
4) IdeationX
5) Space MarathonAnswer-2) Bharatiya Antariksh Hackathon
Explanation:
On 4th July 2024, Dr. Sreedhara Panicker Somanath, Chairman, Indian Space Research Organisation (ISRO) launched ‘Bharatiya Antariksh Hackathon’ – (Indian Space Hackathon) as part of the first National Space Day (NSpD 2024) celebrations.
The first National Space Day will be celebrated on 23rd August 2024.
ISRO organises the hackathon to create application-driven ecosystems and bring in innovation in space-based applications benefiting both society and the nation. - In June 2024, the Reserve Bank of India(RBI) imposed a monetary penalty of Rs 1.31 crore on __________ for non-compliance with its directions on ‘Loans and Advances’ and ‘KYC’.
1) State Bank of India
2) Bank of Maharashtra
3) Canara Bank
4) Punjab National Bank
5) Federal BankAnswer-4) Punjab National Bank
Explanation:
On 5th July 2024, the Reserve Bank of India (RBI) announced that it has penalized 5 banks, including Punjab National Bank (PNB), in the circular issued in the 1st week of July for non-compliance with various RBI directions.
Before PNB, 4 other banks which were penalized by RBI: Gujarat Rajya Karmachari Co-operative Bank, Ahmedabad (Gujarat), Rohika Central Co-operative Bank, Madhubani (Bihar); National Co-operative Bank, Mumbai (Maharashtra); and Bank Employees’ Co-operative Bank, Kolkata (West Bengal). - Name the new health and income protection plan that was recently (in july ‘24)launched by Paytm for its merchant partners.
1) KarmaLife
2) S.A.R.A.H
3) Health Saathi
4) Vantara
5) SmartLockAnswer-3) Health Saathi
Explanation:
Noida (Uttar Pradesh)-based fintech company Paytm, owned by One97 Communications Limited (OCL), has launched ‘Paytm Health Saathi’, a health and income protection plan for merchant partners, available on the ‘Paytm for Business’ app, starting at Rs 35 per month.
‘Paytm Health Saathi’ aims to safeguard the well-being of Paytm’s merchant partners by providing affordable, comprehensive healthcare benefits, ensuring their health and business continuity.
Healthcare Services include unlimited doctor teleconsultation and in-person doctor visits (Outpatient Department (OPD)) within its partner network. - Who has been recently (in July ‘24) appointed as the 58th Prime Minister (PM) of the United Kingdom (UK)?
1) Peter Pellegrini
2) Keir Starmer
3) Luis Abinader
4) Jeremiah Manele
5) Laurent BergerAnswer-2) Keir Starmer
Explanation:
On July 5, 2024, Keir Starmer became the 58th Prime Minister (PM) of United Kingdom (UK) by succeeding Rishi Sunak. He was appointed by the King Charles III, UK’s monarch.
This follows Keir Starmer’s Labour Party win by securing 412 (+211) seats over Rishi Sunak’s Conservative Party which received 121 (-250) seats in the 650-seat House of Commons.
The Labour party got 35% votes(412 seats) and the Conservatives got 24% votes.
Keir became the first Labour Party PM since Gordon Brown (2007-2010) i.e. after 14 years. - Which organisation has recently (in July ‘24) increased its state in IDFC First Bank Limited from 0.20% to 2.68% of the paid-up capital?
1) SBI Mutual Fund
2) Tata Sons
3) IndusInd International Holdings
4) Life Insurance Corporation of India
5) Adani GroupAnswer-4) Life Insurance Corporation of India
Explanation:
The Life Insurance Corporation of India (LIC), India’s largest insurance company, has increased its stake in IDFC First Bank Limited from 0.20% to 2.68% of the paid-up capital.
In terms of number of shares, the holding has increased from a little more than 1.42 crore to over 20.02 crore.
LIC acquired 18,60,34,900 shares in the IDFC First Bank at an average price of Rs 80.63 apiece in a private placement offer. The overall acquisition cost is Rs 1,500 Crore. - When was the 2024 United Nations (UN) International Day of Cooperatives observed across the globe?
1) April 30
2) July 6
3) May 7
4) June 19
5) April 14Answer-2) July 6
Explanation:
The United Nations (UN) International Day of Cooperatives (CoopsDay) is annually observed across the globe on the 1st Saturday of July to increase awareness of cooperatives and promote ideas of international solidarity, economic efficiency, equality, and world peace, contributing to the development of the society.
International Day of Cooperatives 2024 falls on 6 July 2024. The theme of International Day of Cooperatives 2024 is “Cooperatives Building a Better Future for All.”
6 July 2024 marks the 102nd International Cooperative Day and the 30th UN International Day of Cooperatives.
The Day also commemorates the establishment of the International Cooperative Alliance (ICA), one of the oldest Non-Governmental Organizations (NGO), and one of the largest organizations by the number of people represented.Click here to read more
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