Current Affairs Quiz:28 September 2024

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1. Which State/Union Territory has the highest Unemployment Rate (UR) among youths (individuals aged 15-29) as per the recent (in September ‘24) report of “Periodic Labour Force Survey (PLFS) (July 2023- June 2024)” of National Sample Survey Office (NSSO)?
   1) Lakshadweep
   2) Gujarat
   3) Maharashtra
   4) Karnataka
   5) Puducherry
   
   Answer & Explanation

   Answer-1) Lakshadweep
   Explanation:
   According to the 7th Annual report “Periodic Labour Force Survey (PLFS) July 2023- June 2024)” of National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation (MoSPI), Lakshadweep has the highest Unemployment Rate (UR) among youths (individuals aged 15-29 ).  Youth UR in Lakshadweep stands at 36.2% which includes 79.7% UR among young women and 26.2% UR among young men.
    Lakshadweep is followed by Andaman and Nicobar Island with 33.6% (49.5% women and 24% men) and Kerala with 29.9% (47.1% women and 19.3% men).
    The national average for youth unemployment is 10.2%, with females facing a higher rate of 11% compared to 9.8% for males.
    Madhya Pradesh (MP) has the lowest unemployment rate of 2.6%, among states in India followed by Gujarat with 3.1% and Jharkhand with 3.6%.
    In urban areas, the overall youth UR is 14.7%, compared to a lower rate of 8.5% in rural areas.
    The joblessness rate among females in urban areas is notably higher at 20.1%, while it stands at 8.2% in rural regions. Click here to read more.
   
   
   
2. Which organisation has recently (in September 2024) launched Unified Logistics Interface Platform (ULIP) Hackathon 2.0 to foster innovation and develop digital solutions to tackle challenges in the logistics industry?
   1) NICDC Logistics Data Services Limited
   2) National Bank for Agriculture and Rural Development
   3) Indian Space Research Organisation
   4) Reserve Bank of India
   5) National Aeronautics and Space Administration
   
   Answer & Explanation

   Answer-1) NICDC Logistics Data Services Limited
   Explanation:
   On September 25, 2024, NICDC Logistics Data Services Limited (NLDSL) in collaboration with NITI Aayog – Atal Innovation Mission (AIM) and Startup India launched the Unified Logistics Interface Platform (ULIP) Logixtics Hackathon 2.0 at the event chaired by Rajeev Singh Thakur, Additional Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry (MoC&I), took place at Vanijya Bhawan in New Delhi, Delhi.
    This competitive event aims to drive innovation and create digital solutions to address the logistics industry’s pressing challenges.
    During the event, the Track Your Transport (TYT) Application (App), powered by the ULIP, was also launched to simplify logistics.
    ULIP Logixtics Hackathon 2.0 builds on the success of the first edition in December 2021, which resulted in innovative solutions for the logistics and supply chain sector.
    ULIP is one of the key initiatives under Pradhan Mantri Gati Shakti (National Master Plan for Multi-modal Connectivity), launched by the Prime Minister (PM) Narendra Modi as part of the National Logistics Policy (NLP) on 17th September 2022.
   
   
   
3. Which organisation/ministry has recently (in September 2024) established the Rail Rakshak Dal in the North Western Railway (NWR) zone to respond to train accidents and conduct rescue operations.
   1) Ministry of Home Affairs
   2) Indian Railways
   3) Ministry of Science and Technology
   4) Ministry of Defence
   5) Indian Railway Catering and Tourism Corporation
   
   Answer & Explanation

   Answer-2) Indian Railways
   Explanation:
   On 24th September 2024, The Indian Railways established Rail Rakshak Dal in the North Western Railway (NWR) zone for the first time as a part of a pilot project which aims to promptly respond to train accidents and conduct rescue operations.
    The primary goal of the Rail Rakshak Dal is to provide assistance to the Railways and support district administration in times of emergencies.
    Rail Rakshak Dal has been formed under the direct supervision of Union Minister Ashwini Vaishnaw, Ministry of Railways.
    This initiative involves deploying Physically fit railway staff, training them in skills like swimming and utilising lightweight equipment to assist during emergencies.
   
   
   
4. Which ministry has recently (in September ‘24) launched the official website for ‘Ashtalakshmi Mahotsav’ in New Delhi, Delhi?
   1) Ministry of Agriculture and Farmers Welfare
   2) Ministry of Housing and Urban Affairs
   3) Ministry of Women and Child Development
   4) Ministry of Development of North Eastern Region
   5) Ministry of Health and Family Welfare
   
   Answer & Explanation

   Answer-4) Ministry of Development of North Eastern Region
   Explanation:
   The Union Minister Jyotiradtiya Madhavrao Scindia, Ministry of Development of North Eastern Region (MoDoNER) has launched the official website for ‘Ashtalakshmi Mahotsav’ at Sanchar Bhawan in New Delhi, Delhi.
    The website will serve as a one-stop platform, where users will get all the updates about event, schedules and participation details.
    Ashtalakshmi Mahotsav is scheduled to be held from 6th to 8th December 2024 at Bharat Mandapam, Pragati Maidan in New Delhi, Delhi.
    The festival is a perfect blend of fashions, culture, and business, which has drawn inspiration from 8 North-East (NE) – Arunachal Pradesh (AR), Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura.
    All these 8 states are collectively known as the “Ashtalakshmi”, representing 8 forms of prosperity.
   
   
   
5. Which organisation has recently (in September ‘24) raised India’s Gross Domestic Product (GDP) growth forecast to 6.7% for the Financial Year 2024-25 (FY25)?
   1) India Ratings & Research
   2) Goldman Sachs Group Inc.
   3) International Monetary Fund
   4) World Bank
   5) Organization for Economic Cooperation and Development
   
   Answer & Explanation

   Answer- 5) Organization for Economic Cooperation and Development
   Explanation:
   The Organization for Economic Cooperation and Development (OECD) has raised India’s Gross Domestic Product (GDP) growth forecast by 10 basis points (bps) to 6.7% for Financial Year 2024-25 (FY25), from its previous estimate of 6.6%. This projection was announced by OECD in its latest ‘OECD Economic Outlook , Interim Report September 2024: Turning the Corner’ released on 25th September, 2024.
    It has also increased India’s economic growth forecast for FY26 by 20 bps, to 6.8% from its previous estimate made in May 2024.
    OECD’s report has also raised India’s headline inflation forecast by 20 bps, from 4.3% (projected in May 2024) to 4.5% for FY25. This projection is in alignment with the Reserve Bank of India (RBI)’s forecast of headline inflation for FY25.
    As per the report, the global growth will remain stable at 3.2% in both 2024 and 2025, due to moderate inflation. It noted that the growth has been relatively robust in many of the Group-20 (G20) countries, including the United States of America (USA), Brazil, India, Indonesia and the United Kingdom (UK).
   
   
   
6. According to the ‘Asian Development Outlook (ADO) update of September’ released by the Asian Development Bank (ADB), India’s growth forecast for the Financial Year 2026 (FY26) has been projected at _________
   1) 7.2%
   2) 7.5%
   3) 7%
   4) 6.8%
   5) 7.1%
   
   Answer & Explanation

   Answer-1) 7.2%
   Explanation:
   According to the ‘Asian Development Outlook (ADO) update of September’ released by the Asian Development Bank (ADB), India’s growth forecast for the Financial Year 2024-25 (FY25) has been projected at 7% and FY26 at 7.2%
    The Gross Domestic Product (GDP) growth slowed to 6.7% in the first quarter (April-June) of FY24, it is expected to accelerate in the coming quarters with increased agricultural performance and a large improvement in industry and services.
    As per the report, the government debt is projected to decrease from 58.2% of GDP in FY24 to 56.8% in FY25.
    Consumer inflation is anticipated to rise to 4.7% in FY24 due to elevated food prices, despite higher agriculture output expectations.
   
   
   
7. Name the first Schedule airline to launch from Uttar Pradesh (UP) that has recently (in September ‘24) received the No Objection Certificate (NOC) from the Ministry of Civil Aviation (MoCA).
   1) Vistara
   2) Vietjet Air
   3) Shankh Air
   4) Akasa Air
   5) Air India
   
   Answer & Explanation

   Answer- 3) Shankh Air
   Explanation:
   Shankh Air, owned by Shankh Aviation Private Limited, has received the No Objection Certificate (NOC) from the Ministry of Civil Aviation (MoCA) valid for 3 years. Shankh Air will be the 1st Schedule airline to launch from Uttar Pradesh (UP).
    It is yet to receive clearance from the Directorate General of Civil Aviation (DGCA) to begin operations.
    Shankh Air will hub over Lucknow and Noida to enable connections to all major cities in India.
    The airline aims to connect major cities across India by offering both interstate and intrastate routes and focusing on areas with high demand and restricted direct flight options.
   
   
   
8. Which organisation has recently (in September 2024) won the National Energy Leader Award from the Confederation of Indian Industry – Green Business Centre (CII-GBC) at Hyderabad, Telangana?
   1) Steel Authority of India Limited
   2) Indian Stainless Steel Development Association
   3) Rashtriya Ispat Nigam Limited
   4) RailTel Corporation of India Limited
   5) Rail Vikas Nigam Limited
   
   Answer & Explanation

   Answer-3) Rashtriya Ispat Nigam Limited
   Explanation:
   Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant, has won the National Energy Leader Award from the Confederation of Indian Industry- Green Business Centre (CII-GBC) for the 6th consecutive year. The award was presented during the event held at Hyderabad, Telangana on 12th September 2024.
    RINL has also won the “Excellent Energy Efficient Unit Award” for the 8th consecutive year.
    These awards signify RINL’s consistent efforts towards energy conservation, including initiatives like: Harnessing waste heat recovery systems, Pulverised Coal Injection (PCI) in blast furnaces, and Waste recycling and Energy benchmarking.
   
   
   
9. Which country has recently (in September ‘24) won the 4th Intercontinental Cup 2024 football title by defeating India 3-0 at Ganti Mohana Chandra (GMC) Balayogi Athletic Stadium in Hyderabad, Telangana?
   1) Spain
   2) Argentina
   3) Syria
   4) Japan
   5) China
   
   Answer & Explanation

   Answer-3) Syria
   Explanation:
   Syria won their maiden Intercontinental Cup 2024 football title by defeating the defending champions India 3-0 in the final group match held at Ganti Mohana Chandra (GMC) Balayogi Athletic Stadium (formerly known as Gachibowli Athletic Stadium) in Hyderabad, Telangana.
    This is the 4th edition of the Intercontinental Cup, organised by the All India Football Federation (AIFF). It was a tri-nation series between the football teams of India, Syria, and Mauritius.
    Syria defeated Mauritius 2-0 and India 3-0, securing 6 points (in 2 matches) in the series. The football teams of India and Mauritius finished the tournament without scoring a goal.
    India won the inaugural tournament in 2018 (beating Kenya 2-0) and  2023 (beating Lebanon 2-0).
   
   
   
10. Where was India’s largest blast furnace recently (in September 2024) commissioned by Tata Steel?
    1) Kulti, West Bengal
    2) Bhilai, Chhattisgarh
    3) Kalinganagar, Odisha
    4) Jamshedpur, Jharkhand
    5) Nagpur, Maharashtra
    
    Answer & Explanation

    Answer-3) Kalinganagar, Odisha
    Explanation:
    On 20th September 2024, Tata Steel successfully commissioned India’s largest blast furnace at Kalinganagar, Odisha. With a total investment of Rs 27,000 crore, the Phase II expansion at Kalinganagar will take the total capacity at the site from 3 million tonnes per annum (MTPA) to 8 MTPA.
     The new blast furnace will significantly boost the plant’s overall production capabilities including automotive, infrastructure, power, shipbuilding, and defence, and oil and gas.
     With the Phase II expansion, Odisha has emerged as the largest investment destination in India for Tata Steel, with a total cumulated investment of over Rs 100,000 crore.