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- Name the portal that was recently (in July ‘24) launched by the Union Ministry of Education for managing the apprenticeship lifecycle activities.
1) SayujNet
2) KarmaLife
3) JanSamarth
4) NATS 2.0
5) SwayamAnswer- 4) NATS 2.0
Explanation:
On July 30 2024, the Union Minister Dharmendra Pradhan, Ministry of Education (MoE) launched the National Apprenticeship and Training Scheme (NATS) 2.0 Portal in New Delhi, Delhi.
As part of the initiative, stipends of Rs 100 crore has been disbursed to young graduates and diploma holders through the Direct Benefit Transfer (DBT) mode.
These apprentices are receiving on-the-job training across various sectors such as Information technology/Information Technology Enabled Services (IT/ITes), manufacturing, and automobile industries.
NATS 2.0 Portal has been developed in-house by the MoE with the support of All India Council for Technical Education (AICTE) and Board of Apprenticeship Training / Practical Training (BOAT/BOPT). - With which state, did the Ministry of Defence signed a MoU to establish three advanced testing facilities for Mechanical & Material (M&M), Communications , and Unmanned Aerial System (UAS)under the Defence Testing Infrastructure Scheme (DTIS)?
1) Maharashtra
2) Uttar Pradesh
3) Gujarat
4) Madhya Pradesh
5) RajasthanAnswer-2) Uttar Pradesh
Explanation:
On 30th July 2024, the Ministry of Defence (MoD), Government of India (GoI) has signed a Memorandum of Understanding (MoU) with Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) under the Defence Testing Infrastructure Scheme (DTIS) in New Delhi, Delhi, to establish 3 state-of-the-art testing facilities in Uttar Pradesh (UP).
These facilities will be established in the domains of Unmanned Aerial System (UAS), Mechanical & Material (M&M) and Communications under the Uttar Pradesh Defence Industrial Corridor (UPDIC).
So far, GoI has approved 7 testing facilities i.e. 4 in Tamil Nadu (TN) and 3 in Uttar Pradesh (UP).
The DTIS was launched by the Union Defence Minister, Rajnath Singh in May 2020, with total budget outlay of Rs 400 crore. - In Which city hosted the first STI (Science Technology & Innovation) Conclave on ‘Traditional Knowledge for Sustainable Livelihoods’ from 29th to 31st July 2024?
1) Bengaluru, Karnataka
2) Thiruvananthapuram, Kerala
3) Mumbai, Maharashtra
4) New Delhi, Delhi
5) Chennai, Tamil NaduAnswer-4) New Delhi, Delhi
Explanation:
The first STI (Science Technology & Innovation) Conclave on ‘Traditional Knowledge for Sustainable Livelihoods’ was held in New Delhi, Delhi from July 29-31, 2024. The event was inaugurated by Dr. N. Kalaiselvi, Director General (DG) of Council of Scientific and Industrial Research (CSIR).
It was organized by the International Science, Technology, and Innovation Centre for South-South Cooperation (ISTIC) under the United Nations Educational, Scientific and Cultural Organization (UNESCO); and CSIR constituents, including the Traditional Knowledge Digital Library Unit (CSIR-TKDL), New Delhi(Delhi) and CSIR-Indian Institute of Chemical Technology (CSIR-IICT) in Hyderabad, Telangana.
Aim : To educate the youth on the importance and value of ancestral knowledge and practices - In July 2024, India was elected as vice-chair of the _____________ of the Indo-Pacific Economic Framework (IPEF).
1) Economic Advisory Panel
2) Clean Economy Investor Forum
3) Supply Chain Council
4) Economic and Social Council
5) Trade Advisory PanelAnswer-3) Supply Chain Council(SCC)
Explanation:
India has been elected as vice-chair of the Supply Chain Council(SCC), one of the three supply chain bodies set up by the Indo-Pacific Economic Framework for Prosperity (IPEF) partners pursuant to the Supply Chain Resilience Agreement.
The United States of America (USA) was elected as the Chair of SCC.
SCC was established to pursue targeted, action-oriented work to strengthen the supply chains for those sectors and goods most critical to national security, public health, and economic well-being.
The chair and vice chair of the SCC were elected during the inaugural virtual meetings of the 3 supply chain bodies: SCC; the Crisis Response Network (CRN); and Labor Rights Advisory Board (LRAB) held on 30th July 2024.Click here to read more - Which organization has recently(in July ‘24) issued its first-ever joint ministerial declaration to enhance the taxation of ultra-high-net-worth individuals?
1) G7 or Group of 7
2) Shanghai Cooperation Organisation (SCO)
3) United Nations (UN)
4) World Trade Organization (WTO)
5) G20 or Group of 20Answer-5) G20 or Group of 20
Explanation:
The Group of Twenty (G20) finance ministers and central bankers issued the first-ever joint ministerial declaration on taxation, The Rio de Janeiro G20 Ministerial Declaration on International Tax Cooperation, committing to effective taxation of “ultra-high-net-worth individuals.”
It was adopted during the Communiqué of the 3rd G20 Finance Ministers and Central Bank Governors Meeting held in Rio de Janeiro, Brazil. This declaration emphasized cooperative engagement while respecting tax sovereignty.
Brazil, holding the G20 Presidency proposed a 2% minimum tax on the worlds richest billionaires, making it a top priority for the upcoming G20 summit from November 18 to 19, 2024 in Rio de Janeiro, Brazil. - Which company has recently (in july ‘24) received the composite insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI)?
1) Muthoot Microfin Limited
2) Covrzy
3) Mahindra & Mahindra Financial Services Limited
4) InsuranceDekho
5) PaisabazaarAnswer-4) InsuranceDekho
Explanation:
InsuranceDekho, Gurugram(Haryana) based insurance marketplace, has received the composite insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI).
This licence allows the firm to offer reinsurance broking services alongside its existing insurance broking offerings.
By entering the reinsurance broking sector, InsuranceDekho aims to enhance insurance penetration in India through deep distribution networks, digitization, diversification into new product lines, and support for insurer partners. - Who has been recently (in July ‘24) appointed as the Chairperson of the Union Public Service Commission (UPSC)?
1) Neerabh Kumar Prasad
2) Ajit Kumar Doval
3) Bharat Lal
4) Preeti Sudan
5) Manoj SoniAnswer-4) Preeti Sudan
Explanation:
On 1st August 2024, Preeti Sudan, the former Secretary of the Ministry of Health & Family Welfare (MoHFW), took oath as the New Chairperson of the Union Public Service Commission (UPSC). She will hold the post till 29th April 2025 or until further orders.
She became the 2nd woman to head the UPSC after RM Bathew who served as UPSC Chair from 1992 to 1996.
She succeeds Manoj Soni, who resigned from the post in July 2024 almost 5 years before his tenure ends in 2029. - Who has been recently (in July 2024) elected as the President of the United Nations (UN)’s Economic and Social Council(ECOSOC)?
1) Robert Keith Rae
2) Ruchira Kamboj
3) Mark Rutte
4) Philemon Yang
5) Masatsugu AsakawaAnswer-1) Robert Keith Rae
Explanation:
Robert Keith Rae (Bob Rae), Canada’s Ambassador and Permanent Representative to the United Nations (UN), has been elected as the President of the UN’s Economic and Social Council (ECOSOC) for one year (2024-2025).
He is currently serving as the Chair of ECOSOC’s Ad Hoc Advisory Group on Haiti. He succeeds Paula Narváez Ojeda of Chile, who held the post since July 2023. - World FinTech Day is annually observed across the globe on _____________ to raise awareness about the growing importance of FinTech (Financial Technology) in modernizing financial services.
1) May 6
2) June 1
3) August 1
4) April 16
5) July 25Answer-3) August 1
Explanation:
World FinTech Day is annually observed across the globe on 1 August to raise awareness about the growing importance of FinTech (Financial Technology) in modernising financial services and improving access to financial products.
The day emphasises the transformative impacts of FinTech on the global financial industry.
The date 1 August commemorates the death anniversary of Cosimo de’ Medici, an Italian banker and politician in 1464. - In July 2024, Securities and Exchange Board of India (SEBI) Chairman Madhabi Puri Buch launched India’s first website for passive funds at ____________.
1) Indian Energy Exchange Limited
2) India International Bullion Exchange IFSC Limited
3) National Stock Exchange
4) BSE Limited
5) Receivables Exchange of India LimitedAnswer-3) National Stock Exchange
Explanation:
On 30th July 2024, Madhabi Puri Buch, Chairman, Securities and Exchange Board of India (SEBI) launched India’s first website for passive funds at the National Stock Exchange (NSE), to facilitate a comprehensive platform for retail investors and enable them to easily access information and understand the Indian passive industry.
Apart from launch of website for passive funds, she also unveiled report on the capital markets titled “Indian Capital Markets: Transformative shifts achieved through technology and reforms”.
The report is developed by NSE Data Analytics, which covered major technological advancements and regulatory reforms that have impacted the Indian capital markets.Click here to read more
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