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Current Affairs Quiz:18 July 2024

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  1. Which organisation has recently (in July ‘24) launched ‘One Scientist-One Product’ to enhance research in agriculture and animal husbandry?
    1) Council of Scientific & Industrial Research
    2) Food and Agriculture Organization
    3) Indian Council of Agricultural Research
    4) National Institute of Animal Health
    5) Agricultural and Processed Food Products Export Development Authority
    Answer-3) Indian Council of Agricultural Research
    Explanation:
    The Indian Council of Agricultural Research (ICAR) launched a target-oriented research plan named ‘One Scientist-One Product’, aimed at enhancing research in agriculture and animal husbandry. All the 5,521 ICAR scientists have been registered under this plan.
     The plan was inaugurated by Shivraj Singh Chouhan, Union Minister of Agriculture and Farmers’ Welfare & Rural Development on the occasion of 96th foundation day and technology day of ICAR.
     This plan will run for the next 5 years and each scientist will focus on a unique product to maximise productivity and avoid duplication.
     ICAR is also working to develop 100 new seed varieties and 100 farm technologies in 100 days as part of the Centre’s 100-day action plan.

  2. Which ministry has recently (in July ‘24) notified the 5th Positive Indigenisation List (PIL) of 346 items for the Defence Public Sector Undertakings (DPSUs)?
    1) Ministry of Home Affairs
    2) Ministry of Finance
    3) Ministry of Commerce and Industry
    4) Ministry of Defence
    5) Ministry of Micro, Small and Medium Enterprises
    Answer- 4) Ministry of Defence
    Explanation:
    The Department of Defence Production (DDP), Ministry of Defence (MoD), has notified the 5th Positive Indigenisation List (PIL) comprising 346 items, to boost Aatmanirbharta (self-reliance) in defence manufacturing and reducing imports by the Defence Public Sector Undertakings (DPSUs).
     These items, including Line Replacement Units (LRUs), Systems, Sub-systems, Assemblies, Spares, Components and raw material related to the defence platforms, have an import substitution value of Rs 1,048 crore.
     These items will only be procured from the Indian industry post-indigenisation, promoting domestic manufacturing as listed on the Srijan portal.
     Previously, 4 PILs comprising 4,666 items were notified by the DDP for DPSUs, of these, 2,972 items, valued at Rs 3,400 crore, have been indigenised.
     9 DPSUs are involved in this initiative, including Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), Bharat Dynamics Limited (BDL), BEML Limited, India Optel Limited (IOL), Mazagon Dock Shipbuilders Limited (MDL), Goa Shipyard Limited (GSL), Garden Reach Shipbuilders & Engineers Ltd (GRSE) and Hindustan Shipyard Limited (HSL).

  3. Which organization released the ‘2024 Digital Economy Report’ in July 2024, stating that India’s 163% increase in electronic waste generation from 2010 to 2022?
    1) United Nations Environment Programme (UNEP)
    2)  United Nations Framework Convention on Climate Change (UNFCCC)
    3) United Nations Trade and Development (UNCTAD)
    4) International Union for Conservation of Nature(IUCN)
    5) World Economic Forum (WEF)
    Answer-3) United Nations Trade and Development (UNCTAD)
    Explanation:
    The United Nations Trade and Development (UNCTAD) released the ‘2024 Digital Economy Report: Shaping an Environmentally Sustainable and Inclusive Digital Future’.
     It highlights India’s 163% growth in electronic waste from Screens, Computers, and Small IT and Telecommunication Equipment (SCSIT) from 2010 to 2022, doubling its global share from 3.1% to 6.4%.
     Annual smartphone shipments more than doubled since 2010, reaching 1.2 billion in 2023.
     IoT (Internet of Things) devices are expected to increase 2.5 times from 2023 to 39 billion by 2029.
     Business e-commerce sales in 43 countries grew nearly 60% from 2016 to 2022, totaling USD 27 trillion.

  4. Which bank, in collaboration with Banco Bilbao Vizcaya Argentaria (BBVA) Colombia, recently (in July ‘24) launched  the world’s first biodiversity bond, with a value of USD 70 million, to combat biodiversity loss?
    1) Asian Development Bank
    2) International Finance Corporation
    3) New Development Bank
    4) Japan International Cooperation Agency
    5) Asian Infrastructure Investment Bank
    Answer-2) International Finance Corporation
    Explanation:
    On July 12, 2024, Banco Bilbao Vizcaya Argentaria(BBVA) Colombia and the International Finance Corporation (IFC) launched the world’s first biodiversity bond which will amount to USD70 million, aiming to combat biodiversity loss. In this regard, the initial tranche of USD15 million was issued by BBVA Colombia.
     BBVA Colombia is the issuing bank, while IFC acts as the structurer and investor, also providing advisory support.
     The bond proceeds will fund projects targeting reforestation, forest regeneration, mangrove conservation, climate-smart agriculture, and wildlife habitat restoration.

  5. According to the International Monetary Fund (IMF) released ‘World Economic Outlook (WEO) Update in July 2024, India’s GDP(Gross Domestic Product) growth is ________ for FY25(2024-25).
    1) 7%
    2) 6.6%
    3) 7.1%
    4) 8%
    5) 7.5%
    Answer-1) 7%
    Explanation:
    On 16th July 2024, The International Monetary Fund (IMF) released ‘World Economic Outlook (WEO) Update, July 2024: The Global Economy in a Sticky Spot’. The report has increased India’s GDP(Gross Domestic Product) growth by 20 basis points(bps), from 6.8% (in April 2024 ) to 7% for FY25(2024-25).
     IMF retained its India’s GDP projection for FY26 (2025-26) at 6.5%. India’s GDP expanded at 8.2 percent in 2023-24.
     As per the report, the global growth is projected to be in line with April 2024 WEO forecast at 3.2% in 2024 but it has marginally increased the global growth rate by 10 bps to 3.3% in 2025.
     The report cited that growth in India and China will account for almost 50% of global growth in 2024. Also, growth in major advanced economies is becoming more aligned as output gaps are closing.Click here to read more

  6. Who was recently (in July ‘24) awarded the 2024 Committee on Space Research (COSPAR) Harrie Massey Award during the 45th COSPAR Scientific Assembly held in Busan, South Korea?
    1) Pavuluri Subba Rao
    2) Shrinivas Ramchandra Kulkarni
    3) Srinivas Hedge
    4) Prahlad Chandra Agrawal
    5) Alok Shukla
    Answer-4) Prahlad Chandra Agrawal
    Explanation:
    Committee on Space Research (COSPAR) announced the winners of 2024 COSPAR Awards during the 45th COSPAR Scientific Assembly which is being held in Busan, South Korea from 13th to 21st July 2024.
     Two Indian Scientists Prahlad Chandra Agrawal and Anil Bhardwaj were among the winners of the 2024 COSPAR Awards.
     Prahlad Chandra Agrawal was honoured with the COSPAR Harrie Massey Award and Anil Bhardwaj was honoured with the Vikram Sarabhai Medal, a joint award of COSPAR and the Indian Space Research Organization(ISRO).
     COSPAR annually presents a number of medals and awards, some jointly with other institutions or space agencies. The award recognise outstanding contribution to space research and scientists working in any of the fields covered by COSPAR.Click here for the complete list of 2024 winners

  7. Who has been recently (in July 2024) re-elected as President of the European Parliament (until 2027)?
    1) Mark Rutte
    2) Emmanuelle Soubeyran
    3) Roberta Metsola
    4) Ingmar De Vos
    5) Jens Stoltenberg
    Answer-3) Roberta Metsola
    Explanation:
    On July 16, 2024, Roberta Metsola (aged 45) of European People’s Party (EPP), was re-elected as President of the European Parliament for another two and a half years, until 2027.
     With this, she became the first woman to win a second term as the President of the European Parliament, the directly elected legislative body of the European Union(EU).
     She was the third woman to take charge as the President of the European Parliament, after Simone Veil (1979-1982) and Nicole Fontaine (1999-2002).

  8. Who won the 17th edition of the Union of European Football Associations (UEFA) European Football Championship (UEFA Euro 2024) held in Germany? 
    1) Norway
    2) Spain
    3) England
    4) France
    5) Germany
    Answer-2) Spain
    Explanation:
    Spain won the 17th edition of the Union of European Football Associations (UEFA) European Football Championship, commonly referred to as ‘UEFA Euro 2024 or Euro Cup’ by defeating England (2-1) in the finals held at the Olympiastadion in Berlin, Germany.
     UEFA Euro 2024 hosted by Germany was held from 14th June to 14th July 2024.
     Spain won the Euro Cup for the record 4th time. Spain previously won the title in 1964, 2008 and 2012.
     Germany’s Thomas Müller (34-year-old) announced his retirement from international football. During his 14-year career, he has played 131 times for Germany and scored 45 goals.
     France’s all-time leading goal scorer Olivier Giroud(37 years) announced his retirement from international football after Euro 2024. He scored 57 goals in 137 appearances for France.
     Switzerland’s Xherdan Shaqiri(32-year-old), a Former Bayern Munich and Liverpool winger, announced his retirement from international football after his 14-year career. He has played 125 matches for Switzerland and scored 32 goals

  9. Which country recently (in July ‘24) won the 48th edition of the Copa America (2024) held in the United States of America (USA)?
    1) Mexico
    2) Canada
    3) Brazil
    4) United States of America
    5) Argentina
    Answer-5) Argentina
    Explanation:
    Argentina won the title of the 48th edition of the Copa America (Copa America 2024) by defeating Colombia in the finals held at the Hard Rock Stadium in Florida, the United States of America (USA).
     Copa America 2024 hosted by the USA was held from 20th June to 14th July 2024.
     This marks Argentina’s 16th title of Copa America. with this, Argentina became the tournament’s most successful team, followed by Uruguay (15) and Brazil (9).
     Copa America 2024 is the quadrennial international men’s soccer championship organised by the South American Football Confederation (CONMEBOL: Confederación Sudamericana de Fútbol).
     Argentinean football icon Angel Di Maria(36-year-old), known as “El Fideo”, has announced his retirement from the Argentina national team.Click here to read more

  10. Which country has recently (in July ‘24) signed a 12-year deal with the International Olympic Committee (IOC) to host the First Olympic Esports Games in 2025?
    1) Hungary
    2) Uzbekistan
    3) Singapore
    4) Saudi Arabia
    5) South Korea
    Answer-4) Saudi Arabia 
    Explanation:
    The National Olympic Committee (NOC) of Saudi Arabia and the International Olympic Committee (IOC) signed a 12-year deal to host the First Olympic Esports Games 2025 in the Kingdom of Saudi Arabia (KSA).
    i.It follows the IOC’s decision to establish the Olympic Esports Games, a proposal to be presented at the upcoming IOC Session on the eve of the Olympic Games Paris 2024.
    ii.This partnership is in line with Saudi Arabia’s Vision 2030, which aims to transform the nation’s social and economic landscape.
    iii.Saudi Arabia has hosted over 100 international sporting events, resulting in a significant rise in sports participation nationwide since 2018.