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- Which of the following is/are correct with respect to the 7th Session of the International Solar Alliance (ISA) held in New Delhi from 3rd to 6th November 2024?
A) ISA elected Ashish Khanna from the Republic of India as its 3rd Director General.
B) The 7th session of the ISA Assembly has elected India as President and Seychelles as co-president for a period of two years from 2024 to 2026.
C) The 3rd edition of the World Solar Report series was released at the 7th Assembly of the International Solar Alliance.
1) Only A & B
2) Only A & C
3) Only B & C
4) Only B
5) All A, B & CAnswer- 2) Only A & C
Explanation:
The 7th Session of the International Solar Alliance (ISA) was conducted from 3rd to 6th November 2024 in Bharat Mandapam, New Delhi with ministers from 29 countries.
Ministers, mission heads, and delegates from 120 Member and Signatory Countries (103 Member and 17 Signatory Countries), along with partner organisations and stakeholders, participated in the event.
The aim of the event was to enhance solar energy deployment across its Member Countries, particularly in regions with limited energy access.
ISA elected Ashish Khanna from the Republic of India as its 3rd Director General.
The 7th session of the ISA Assembly in progress in New Delhi, Delhi, has elected India as President and France as co-president for a period of two years from 2024 to 2026.
Ghana and Seychelles will hold office as vice presidents for the Africa region; Australia and Sri Lanka for Asia and the Pacific region; Germany and Italy for Europe and the others region; Grenada and Suriname from the Latin America and the Caribbean region.
The 3rd edition of the World Solar Report series was released at the 7th Assembly of the ISA which focused on global solar growth, investment trends, technological advancements, and Africa’s green hydrogen potential. Click here to read more. - Which of the following points is/are correct with respect to the approval of the Union Cabinet chaired by Prime Minister Narendra Modi on 6th November 2024?
A) Union Cabinet has approved ‘PM Vidyalaxmi’ scheme, a new Central Sector Scheme (CSS) which aims to provide financial assistance to meritorious students to pursue higher studies.
B) The government has allocated Rs 3,600 crore for ‘PM Vidyalaxmi’ scheme during the period from Financial Year 2024-25 (FY25) to FY31.
C) Cabinet Committee on Economic Affairs (CCEA) has approved an equity infusion of Rs 10,700 crore for the Food Corporation of India (FCI), to support its working capital requirements for the Financial Year 2024-25 (FY25).
1) Only A & B
2) Only A & C
3) Only B & C
4) Only C
5) All A, B & CAnswer-5) All A, B & C
Explanation:
On 6th November 2024, the Union Cabinet chaired by Prime Minister (PM) Narendra Modi, has approved ‘PM Vidyalaxmi’ scheme, a new Central Sector Scheme (CSS) which aims to provide financial assistance to meritorious students, ensuring that financial constraints do not hinder anyone from pursuing higher studies.
The government has allocated Rs 3,600 crore for the scheme during the period from Financial Year 2024-25 (FY25) to FY31, and 7 lakh new students are expected to avail the benefit of this interest subvention during the period.
The scheme is a key initiative stemming out of the National Education Policy, 2020 (NEP 2020) which had recommended providing financial support to meritorious students in both public and private Higher Education Institutions (HEIs).
As per the scheme, any meritorious student who gets admission in Quality Higher Educational Institutions (QHEIs) will be eligible to get collateral free, guarantor-free loan from banks and Financial Institutions (FIs) to cover tuition fees and other course-related expenses.
On 6th November 2024, the Cabinet Committee on Economic Affairs (CCEA) chaired by PM Narendra Modi approved an equity infusion of Rs 10,700 crore for the Food Corporation of India (FCI), to support its working capital requirements for the Financial Year 2024-25 (FY25). Click here to read more. - Which country hosted the 16th meeting of the Conference of the Parties to the Convention on Biological Diversity (CBD COP 16) from 21st October to 1st November 2024?
1) Turkey
2) Colombia
3) Australia
4) Canada
5) IndiaAnswer-2) Colombia
Explanation:
The 16th meeting of the Conference of the Parties to the Convention on Biological Diversity (CBD COP 16) was conducted from 21st October to 1st November 2024 in Cali, Colombia.
The theme of the conference was “Peace with Nature “.
It was the first Biodiversity COP since the adoption of the Kunming-Montreal Global Biodiversity Framework (KM-GBF) at COP 15 in December 2022 in Montreal, Canada.
The conference’s main goal was to assess progress on the 2022 Kunming-Montreal Global Biodiversity Framework (KM-GBF), which set targets to protect 30% of global land and sea areas and restore 30% of degraded ecosystems by 2030.
Union Minister of State for Environment, Forests and Climate Change (MoEFCC) Kirti Vardhan Singh delivered the national statement regarding the conservation of biological resources in the 16th meeting of the Conference of Parties (CoP) to the Convention on Biological Diversity, in Cali, Colombia on 29th October 2024.
Kirti Vardhan Singh, released India’s updated National Biodiversity Strategy and Action Plan (NBSAP), at the 16th meeting of the Conference of Parties (COP 16) to the Convention on Biological Diversity (CBD).
The Global Ecosystems Atlas at the 16th Conference of Parties (COP16) was launched to the United Nations Convention on Biological Diversity (CBD) on 22nd October 2024. Click here to read more. - Which country has recently (in November ‘24) signed a Memorandum of Understanding (MoU) on bilateral defence cooperation with India?
1) China
2) Japan
3) Belgium
4) Algeria
5) NepalAnswer-4) Algeria
Explanation:
Chief of Defence Staff (CDS) General Anil Chauhan visited the People’s Democratic Republic of Algeria from 31st October to November 03, 2024.
This visit follows on the President of India, Smt Droupadi Murmu’s visit to Algeria in October 2024.
The visit was part of wider endeavour which aimed to bolster India-Algeria relations which have witnessed increasing cooperation in recent years, particularly in the areas of trade, education, technology and defence.
During his visit, General Chauhan called on General Saïd Chanegriha, Chief of Staff (CoS) of the People’s National Army (PNA) of Algeria.
He emphasized on increasing the defence production capability of India under the “Make in India” and “Make for the World” initiatives.
CDS General Anil Chauhan and General Saïd Chanegriha Chief of Staff of PNA, Algeria signed a Memorandum of Understanding (MoU) on bilateral defence cooperation in Algeria. Click here to read more. - Which organisation has recently (in October ‘24) stated that 38% of the world’s trees are threatened in its 1st comprehensive Global Tree Assessment?
1) United Nations Environment Programme
2) International Union for Conservation of Nature
3) Botanical Survey of India
4) World Wide Fund for Nature
5) United Nations Convention to Combat DesertificationAnswer-2) International Union for Conservation of Nature
Explanation:
According to the International Union for Conservation of Nature (IUCN)’s 1st comprehensive Global Tree Assessment, 38% of the world’s trees are threatened, i.e. over one in three tree species is at risk of extinction.
The latest assessment revealed that at least 16,425 of the 47, 282 tree species assessed are at risk of extinction.
Also, the number of threatened tree species is more than double compared to the number of all threatened birds, mammals, reptiles and amphibians combined.
The key findings of the assessment were announced at the 16th Conference of Parties (COP16) to the Convention on Biological Diversity (CBD) held from 21st October to 1st November, 2024 in Cali, Columbia.
The Western European Hedgehog (scientific name: Erinaceus europaeus)has moved from Least Concern to Near Threatened on the IUCN Red List. Its assessment was done for the European Red List with the support of the European Commission. Click here to read more. - Which bank has recently (in October ‘24) issued its first biodiversity and nature-focused bond worth USD 100 million to fund vital conservation projects across Asia and the Pacific?
1) World Bank
2) Asian Development Bank
3) New Development Bank
4) Japan Bank for International Cooperation
5) Asian Infrastructure Investment BankAnswer- 2) Asian Development Bank
Explanation:
The Asian Development Bank (ADB) has issued its first biodiversity and nature-focused bond worth USD 100 million to fund vital conservation projects across Asia and the Pacific.
The bond was announced at the 16th Conference of the Parties for the Convention on Biological Diversity (COP16) in Cali, Republic of Colombia.
The 10 year bond was issued under ADB’s Theme Bonds for Sustainable Development program in collaboration with its Environment group.
The bond issuance, purchased by Japan- based Dai-ichi Life Insurance Company Limited and arranged by France- based Credit Agricole (CIB) (an international banking group), marks a significant step in ADB’s commitment to advancing sustainable development.
The ADB has a longstanding commitment to environmental protection, focusing on biodiversity and nature conservation.
In 2023, ADB launched the Nature Solutions Finance Hub and the Natural Capital Fund with the Global Environment Facility (GEF), supporting innovative conservation efforts. - Who has recently (in October ‘24) received the “Mahatma Gandhi Leadership Award” in the United Kingdom?
1) Aamir Khan
2) Darasing Khurana
3) Virat Kohli
4) Rajkumar Hirani
5) Gul PanagAnswer-2) Darasing Khurana
Explanation:
Indian Actor and philanthropist Darasing Khurana has received the “Mahatma Gandhi Leadership Award” for his work towards raising awareness around mental health issues as the ‘Commonwealth Year of Youth Champion’ at the University of Oxford’s Ashmolean Museum in the United Kingdom (UK).
Darasing Khurana recognised for his significant contributions to the field of arts and his unwavering commitment to social causes.
He served as the keynote speaker at the Global Mental Health Summit 2024 held at the Oxford Union at the University of Oxford, the UK.
In 2024, he was also honoured with the “International Personality of the Year 2024” award by AsiaOne magazine. - Who was recently (in October ‘24) appointed as Chief Executive Officer (CEO) of JP Morgan Chase & Co’s domestic banking unit, JP Morgan India?
1) Pranav Chawda
2) Rahul Deora
3) Jamie Dimon
4) Hiral Mehta
5) Prabhdev SinghAnswer-1) Pranav Chawda
Explanation:
The Reserve Bank of India (RBI) approved Pranav Chawda’s appointment as Chief Executive Officer (CEO) of JP Morgan Chase & Co’s domestic banking unit, JP Morgan India, for a three-year term.
He replaced Prabhdev Singh, who resigned in June 2024 before finishing his tenure.
In his new role, Chawda will also lead the corporate banking division, reflecting the bank’s strategy to combine its commercial and corporate banking services. - Which company was recently (in October ‘24) acquired by Mankind Pharma Limited for Rs. 13,768 crores?
1) Incepta Vaccine Limited
2) Sun Pharma
3) Intas Pharmaceuticals Limited
4) Bharat Serums and Vaccines Limited
5) Serum Institute of India Private LimitedAnswer-4) Bharat Serums and Vaccines Limited
Explanation:
Delhi (New Delhi) based pharmaceutical company Mankind Pharma Limited has completed the acquisition of a 100% stake in Mumbai(Maharashtra) based Bharat Serums and Vaccines Limited (BSV) for Rs. 13,768 crores to strengthen its leadership in the Indian women’s health, critical care and fertility drug market.
The transaction was funded through internal accruals and external debt, arranged through a combination of non-convertible debentures (NCDs) and commercial papers.
BSV has a specialized portfolio in women’s health, offering products that span from fertility drugs to post-pregnancy therapies, along with a presence in the animal bites category, including treatments like snake venom antiserum and equine rabies immunoglobulin (Ig). - Who has recently (in October ‘24) won a gold medal in the men’s freestyle 57kg category in the 7th United World Wrestling (UWW) Under-23 World Wrestling Championships 2024 in Tirana, Albania?
1) Abdymalik Karachov
2) Sujeet Kalkal
3) Chirag Chikkara
4) Abhishek Dhaka
5) Aman SehrawatAnswer-3) Chirag Chikkara
Explanation:
Indian wrestler Chirag Chikkara won a gold medal in the men’s freestyle 57kg category by defeating Abdymalik Karachov of Kyrgyzstan in the finals of the 7th edition of United World Wrestling (UWW) Under-23 (U23) World Wrestling Championships 2024 held from 21st to 27th October 2024 in Tirana, Albania.
The 18-year-old became only the second Indian men’s wrestler and third overall to win the gold medal at the U23 World Championships.
Aman Sehrawat (57kg) became the first Indian to win the gold medal in 2022. Reetika Hooda secured a gold medal in the women’s 76kg category in 2023. In 2018, Ravi Kumar Dahiya clinched a silver medal in the 57kg category.
India clinched a total of nine medals including one gold, one silver and seven bronze, placing the nation fourth in the team standings with 82 points, behind Iran (158), Japan (102) and Azerbaijan (100).
With four medals in the men’s freestyle wrestling, India finished fourth in the segment behind Iran, Japan and Azerbaijan.
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