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Current Affairs Quiz:17 August 2024

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  1. Which institution was ranked first in the overall category according to the 9th edition of India Rankings (2024) based on the National Institutional Ranking Framework (NIRF)?
    1) IIT Kanpur
    2) IIT Madras
    3) IIT Delhi
    4) IIT Bombay
    5) IIT Kharagpur
    Answer & Explanation
    Answer-2) IIT Madras
    Explanation:
    Union Minister Dharmendra Pradhan, Ministry of Education(MoE) has released the 9th edition of India Rankings (2024) based on the parameters identified and defined in the National Institutional Ranking Framework (NIRF).
    i.According to the India Rankings 2024, Indian Institute of Technology (IIT) Madras, Chennai, Tamil Nadu (TN) bagged the top spot as the best educational institution in the country overall category for the 6th consecutive time.It is followed by Indian Institute of Science (IISc), Bengaluru, Karnataka at the 2nd spot and IIT Bombay, Mumbai, Maharashtra at the 3rd spot respectively.
    ii.For the year 2024, the framework provides a comprehensive “Overall” rank, alongside distinct rankings in the categories of Universities, Research Institutions, Degree Colleges, Innovation, and discipline-specific rankings in Engineering, Management, Pharmacy, Law, Medical, Dental, Architecture & Planning, and Agriculture & Allied Sectors.Click here to read more

  2. Which of the following wetlands has been recently (in August ‘24) designated as Ramsar Sites?
    A) Nanjarayan Bird Sanctuary
    B) Kazhuveli Bird Sanctuary
    C) Tawa Reservoir

    1) Only A & B
    2) Only A & C
    3) Only B & C
    4) Only A
    5) All A, B & C
    Answer & Explanation
    Answer-5) All A, B & C
    Explanation:
    Union Minister Bhupender Yadav, Ministry of Environment, Forest and Climate Change (MoEF&CC) announced that 3 wetlands from India namely Nanjarayan Bird Sanctuary and Kazhuveli Bird Sanctuary in Tamil Nadu (TN) and Tawa Reservoir in Madhya Pradesh (MP) were designated as Wetlands of International Importance, also known as Ramsar Sites.
     With this addition, the number of Ramsar sites in India becomes 85, covering an area of 1,358,068 hectares (ha).
     TN has the highest number of Ramsar sites (18) followed by Uttar Pradesh (UP) (10). Click here to read more

  3. Which ministry has recently (in August ‘24) launched the ‘Jiyo Parsi Scheme Portal’ for Parsis to get financial aid online through Direct Benefit Transfer (DBT) mode?
    1) Ministry of Women and Child Development
    2) Ministry of Agriculture and Farmers Welfare
    3) Ministry of Finance
    4) Ministry of Minority Affairs
    5) Ministry of Tribal Affairs
    Answer & Explanation
    Answer-4) Ministry of Minority Affairs
    Explanation:
    On August 13, 2024, Union Minister Kiren Rijiju, Ministry of Minority Affairs (MoMA) along with the Minister of State (MoS) George Kurian, MoMA launched the ‘Jiyo Parsi Scheme Portal’ and ‘Haj Applications(app) – 2025’ at Manthan Hall in New Delhi, Delhi.
      This portal would enable Parsis to apply, check the status of their application, and get financial aid online through Direct Benefit Transfer (DBT) mode.
      It is the first time that the applications have been invited on the Haj Suvidha App in addition to the website of the Haj Committee of India (HCI).

  4. According to the newly introduced Offshore Areas Mineral Trust Rules, 2024, the production leaseholders of offshore mines must contribute ________ of their royalty payments to the Trust.
    1) 15%
    2) 10%
    3) 25%
    4) 5%
    5) 20%
    Answer & Explanation
    Answer-2) 10%
    Explanation:
    The Ministry of Mines, Government of India (GoI) has introduced the Offshore Areas Mineral Trust Rules, 2024, establishing the first-ever framework to oversee mineral exploration and production in India’s offshore areas.
     Under the new rules, the production leaseholders of offshore mines must contribute 10% of their royalty payments to the Trust.
     This sum will be deposited in the Public Account of India (PAI), strengthening the Trust’s financial foundation.
     The Trust aims to promote sustainable exploration while ensuring environmental conservation and community welfare.
     The Ministry of Mines has identified 10 offshore mineral blocks for potential auction, with inter-ministerial consultations currently underway.

  5. Which country has recently (in August ‘24) partnered with India to establish a ‘Center of Water Technology (CoWT)’ at the Indian Institute of Technology (IIT) Madras?
    1) Belarus
    2) Russia
    3) Taiwan
    4) Israel
    5) Germany
    Answer & Explanation
    Answer-4) Israel
    Explanation:
    India and Israel has partnered to establish a ‘Center of Water Technology (CoWT)’ in Water Resources Management (WRM) and Water Technologies at the Indian Institute of Technology (IIT) Madras in Chennai, Tamil Nadu (TN).
     To kickstart this initiative, a capacity-building course on ‘24/7 Water Supply in Urban Areas’ was held at IIT-Madras from August 5 to 8, 2024 .
     This course is crucial for providing stakeholders with the necessary skills to manage urban water systems.
     The CoWT aims to serve as a hub for water technology innovation, research, and capacity building, with a particular emphasis on sustainable urban water supply solutions.

  6. Name the rural fintech startup that has recently (in August 2024) received the non-banking finance company (NBFC) license.
    1) Epifi Technologies
    2) Jai Kisan
    3) Jupiter Money
    4) Cashfree Payments
    5) Lendingkart
    Answer & Explanation
    Answer-2) Jai Kisan
    Explanation:
    Mumbai (Maharashtra)-based rural-focused fintech startup Jai Kisan secured a Non-Banking Finance Company (NBFC) licence from the Reserve Bank of India (RBI), following its acquisition of a majority stake in supply chain financing company, Kushal Finnovation Capital Private Limited(KFCPL), Bangalore(Karnataka).
    i.The NBFC licence will enable Jai Kisan to offer customized financial products including loan from its own portfolio to farmers and rural businesses.
    ii.The acquisition will enable the company to enter into co-lending partnerships with financial institutions, including Public Sector Banks (PSBs).

  7. Name the Long Range Glide Bomb (LRGB) that recently (in August ‘24) underwent a successful maiden flight test conducted by the DRDO
    1) Zorawar
    2) SMART
    3) ABHYAS
    4) GAURAV
    5) Sudarshan
    Answer & Explanation
    Answer-4) GAURAV
    Explanation:
    i.The Defence Research and Development Organisation (DRDO), the Research and Development (R&D) wing of the Ministry of Defence (MoD), and the Indian Army successfully conducted the test-firing of the indigenously developed Man-Portable Anti-Tank Guided Missile (MP-ATGM).
     The test was conducted at Pokhran Field Firing Range (PFFR) in Jaisalmer, Rajasthan.
     It has an operational range of 200 to 300 meters at the minimum and up to 4 km at the maximum.
    ii.The DRDO has successfully conducted the maiden flight test of the Long Range Glide Bomb (LRGB) named ‘GAURAV’, from an Indian Air Force (IAF) platform Su-30 MK-I off the coast of Odisha.
     GAURAV has been designed and developed indigenously by the Research Centre Imarat (RCI) in Hyderabad, Telangana.
     Gaurav is an air-launched 1,000-kg class glide bomb capable of hitting targets at long distances.
     It utilises a hybrid navigation system combining the Inertial Navigation System (INS) and Global Positioning System (GPS) data for precise target acquisition.Click here to read more

  8. Name the ISRO’s launch vehicle carrying the Earth Observation Satellite (EOS-08), which was successfully launched on 16th August 2024.
    1)  Launch Vehicle Mark 3 (LVM3)
    2) Small Satellite Launch Vehicle (SSLV-D3)
    3) Polar Satellite Launch Vehicle (PSLV)
    4) Reusable Launch Vehicle(RLV)
    5) Geosynchronous Satellite Launch Vehicle Mark II(GSLV)
    Answer & Explanation
    Answer-2) Small Satellite Launch Vehicle (SSLV-D3)
    Explanation:
    On 16th August 2024, the Indian Space Research and Organisation (ISRO) successfully launched its 3rd and final developmental flight of the Small Satellite Launch Vehicle (SSLV-D3) from the Satish Dhawan Space Centre (SDSC) at Sriharikota, Andhra Pradesh (AP). This achievement marks the completion of ISRO’s SSLV Development Project.
     It carried two satellites namely- Earth Observation Satellite (EOS-08) developed by U R Rao Satellite Centre(URSC), Bengaluru(Karnataka) and the passenger satellite, SR-0 DEMOSAT, 1st satellite from Chennai(Tamil Nadu (TN))-based startup, Space Rickshaw and successfully placed them into a 450 kilometer (km) circular orbit around the earth.
     The SSLV-D3-EOS-08 mission is expected to boost commercial satellite launch operations of NewSpace India Limited (NSIL), commercial arm of ISRO.Click here to read more

  9. Renowned DRDO scientist and Padma Bhushan awardee _______________, hailed as the Father of Agni Missiles, passed away in August 2024
    1) Varugeese Koshy
    2) Surjit Singh Hunjan
    3) Mohini Giri
    4) Sushil Kumar Modi
    5) Ram Narain Agarwal
    Answer & Explanation
    Answer-5) Ram Narain Agarwal
    Explanation:
    Renowned Defence Research and Development Organisation (DRDO) missile Scientist, Dr Ram Narain Agarwal, widely known as the “Father of Agni Missiles,” passed away at the age of 84 in Hyderabad, Telangana. He was born on 24 July 1941 in Jaipur, Rajasthan.
     He was honoured with the Padma Shri in 1990 and Padma Bhushan in 2000 for his contribution to Science and Engineering.
     In 2004, Dr Ram Narain was awarded the DRDO’s Lifetime Achievement Award for his contribution to aerospace and Agni Missile.
     In 1995 he was appointed as the first Programme Director of Agni missiles which commenced in 1983 and was also known as ‘Agni Man’.

  10. Which organisation has recently (in August ‘24) collaborated with the  Indian Railway Catering and Tourism Corporation (IRCTC)  to launch the ‘One India – One Ticket’ initiative?
    1) Rail Vikas Nigam Limited
    2) Delhi Metro Rail Corporation Limited
    3) National Capital Region Transport Corporation
    4) Titagarh Rail Systems Limited
    5) Ircon International Limited
    Answer & Explanation
    Answer-3) National Capital Region Transport Corporation
    Explanation:
    The Indian Railway Catering and Tourism Corporation (IRCTC) and National Capital Region Transport Corporation (NCRTC) have collaborated to launch the ‘One India – One Ticket’ initiative designed to enhance the travel experience for passengers on Indian Railways(IR) and Namo Bharat Trains.
    i.Aim: To simplify travel by allowing passengers to book and travel effortlessly by using both Indian Railways and RRTS services.
    ii.This initiative will allow passengers to book Namo Bharat tickets for up to 8 travellers in a single booking through the IRCTC platform with flexible cancellation and payment options.





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