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- Which ministry has recently (in August ‘24) launched a ‘Building and Other Construction Workers (BoCW) Management Information System (MIS) Portal’?
1) Ministry of Road Transport and Highways
2) Ministry of Labour & Employment
3) Ministry of Social Justice and Empowerment
4) Ministry of Electronics and Information Technology
5) Ministry of Statistics and Programme ImplementationAnswer-2) Ministry of Labour & Employment
Explanation:
On August 21, 2024, the Ministry of Labour & Employment (MoL&E) launched a ‘Building and Other Construction Workers (BoCW) Management Information System (MIS) Portal’ to help states and Union Territory (UT) finalise draft rules under the four Labour Codes and improve welfare schemes for BoCW.
The portal was launched during the 15th meeting of the BoCW Monitoring Committee held with all states/Union Territory (UT), chaired by Sumita Dawra, Secretary of MoL&E.
The BoCW MIS portal will function as a centralised data management system for compiling and analysing data obtained from the BoCW Welfare Boards of States.
The states and UTs are required to register on the portal and update their details, including fund utilisation and worker registration data under various central and state schemes, relating to social security benefits, insurance, health benefits, housing schemes, etc.
Around 5.7 crore workers were registered with BoCW Welfare Boards of various States and UTs across India as of June 30, 2024. - Which bank has recently (in August 2024) launched the ‘Neo for Merchants’ mobile app in partnership with VISA and Mintoak?
1) HDFC Bank
2) Federal Bank
3) Punjab National Bank
4) IDFC First Bank
5) Axis BankAnswer-5) Axis Bank
Explanation:
On August 20, 2024, Axis Bank Limited launched ‘Neo for Merchants’, a transformative mobile app that will act as a one-stop solution for the merchant community, in partnership with VISA and Mintoak.
This all-in-one, low-cost solution enhances the omni-channel payment experience and simplifies operations.
This collaboration will also support financial inclusion and boost growth for Indian SMEs (Small and Medium Enterprises).
It empowers merchants to manage payments, view transaction reports, and raise service requests directly through a mobile application, eliminating the need for a relationship manager. - Which payment firm has recently (in August ‘24) partnered with Volt Money to facilitate Loans Against Mutual Funds to its merchant partners?
1) Phone pe
2) PayU
3) BharatPe
4) Razorpay
5) PaytmAnswer-3) BharatPe
Explanation:
i.BharatPe has partnered with OTO Capital, an emerging digital commerce and lending platform, to enable two-wheeler loans. It has also partnered with Volt Money to facilitate Loans Against Mutual Funds to its merchant partners.
ii.BharatPe’s merchants can now avail two-wheeler loans of up to Rs 2.5 lakh, at competitive interest rates, for their next two-wheeler purchase from OTO Capital.
iii.With the launch of BharatPe’s Loans Against Mutual Funds (LAMF) in partnership with Volt Money, BharatPe’s merchants can also avail loans of up to Rs. 1 crore against Mutual Funds. - Which Indian company has recently (in August 2024) signed an MoU with Sri Lanka’s LTL Holdings Limited for the supply of Liquified Natural Gas (LNG) to LTL’s dual-fuelled power plants in Colombo?
1) Indian Oil Corporation Limited
2) Petronet LNG Limited
3) Reliance Industries Limited
4) Oil and Natural Gas Corporation Limited
5) Gas Authority of India LimitedAnswer-2) Petronet LNG Limited
Explanation:
Petronet LNG Limited (PLL), India, and LTL Holdings (formerly known as Lanka Transformers Limited), Sri Lanka signed a Memorandum of Understanding (MoU) in Colombo, Sri Lanka, for the supply of Liquified Natural Gas (LNG) to LTL’s dual-fuelled power plants in Kerawalapitiya, Colombo.
The MoU was signed by Akshay Kumar Singh, Chief Executive Officer(CEO) of PLL, and Nuhuman Marikkar, CEO of LTL Holdings
The MoU is focused on providing an innovative solution encompassing the supply of LNG through a multimodal International Organization for Standardization(ISO) Container supply chain.
The initial term of the LNG supply is set for 5 years. - Who has been recently (in August ‘24) rated “A+” for the 2nd consecutive year in the ‘Central Banker Report Cards 2024’ by the Global Finance magazine?
1) Atul Kumar Goel
2) Dinesh Kumar Khara
3) Michael Patra
4) Shaktikanta Das
5) Shanti Lal JainAnswer- 4) Shaktikanta Das
Explanation:
The Reserve Bank of India (RBI) Governor, Shaktikanta Das has been rated “A+” for 2nd consecutive year in the ‘Central Banker Report Cards 2024’ by the United States of America (USA) based Global Finance magazine .
Other than Shaktikanta Das, Christian Kettel Thomson, Royal Governor of the Bank of Denmark (Denmark) and Thomas Jordan, Chairperson of the Swiss National Bank (Switzerland) have been received the “A+” rating.
The grades are based on an “A+” to “F” scale with A representing “excellent performance” and F representing “outright failure”.
The performance of the central bank governors are rated based on 4 criteria: controlling inflation, managing interest rates, promoting economic growth, and maintaining stability in the domestic currency’s exchange rate.
It is an annual report, published by the Global Finance magazine since 1994. - Who has been recently(in August ‘24) appointed as the President Designate of the National Association of Software and Services Companies (NASSCOM) succeeding Debjani Ghosh, whose term ends in November 2024?
1) Rajesh Nambiar
2) Challa Sreenivasulu Setty
3) Ajith Kumar KK
4) Rizwan Koita
5) KrithivasanAnswer-1) Rajesh Nambiar
Explanation:
Rajesh Nambiar, Chairman and Managing Director (CMD) of Cognizant India (Cognizant Technology Solutions India Private Limited), has been appointed as the president-designate of the National Association of Software and Services Companies (NASSCOM), India’s apex Technology industry association.
He will succeed Debjani Ghosh upon the completion of her term in November 2024.
Rajesh Nambiar has announced that he will step down from his role as CMD of Cognizant India with effect from September 2024.
Rajesh Nambiar has been serving as the Chairperson of NASSCOM since 2023. He has also serves as a member of the NASSCOM Executive Council. - Who has been recently (in August 2024) appointed as the Interim Chairman of the Airports Authority of India (AAI) as an additional charge?
1) Sanjaya Kumar Mishra
2) Vijaya Bharathi Sayani
3) M Suresh
4) Ravi Agrawal
5) Sanjeev KumarAnswer-3) M Suresh
Explanation:
On 20th August 2024, M Suresh has been appointed as the interim Chairman of the Airports Authority of India (AAI) as an additional charge. He is currently serving as the Member of Air Navigation Services(ANS) at the AAI.
He is succeeding Sanjeev Kumar who has been appointed as Secretary, Department of Defence Production(DPP), Ministry of Defence(MoD). He is a 1993 batch IAS officer of Maharashtra cadre. - Name SpaceX’s 1st human spaceflight mission which is set to fly over the Earth’s polar regions for the 1st time.
1) TÜRKSAT-6A
2) Fram2
3) TRISHNA
4) PREFIRE
5) EarthCAREAnswer-2) Fram2
Explanation:
Space Exploration Technologies Corporation (SpaceX) is set to launch “Fram2”, the 1st human spaceflight mission to explore Earth from a polar orbit and fly over the Earth’s polar regions for the 1st time.
The Fram2, the 6th commercial astronaut mission of Dragon spacecraft, will be launched onboard Falcon 9 from Florida’s Space Coast, the United States of America (USA).
The mission is named after the Norwegian polar research ship Fram, which helped explorers first reach Earth’s Arctic and Antarctic regions.
Crew: Fram2 mission comprised 4 astronauts, Commanded by Malta’s Chun Wang; Norway’s Jannicke Mikkelsen, Vehicle Commander; Australia’s Eric Philips, Vehicle Pilot; and Germany’s Rabea Rogge, Mission Specialist.
Throughout the 3-to-5-day mission, the crew will study Earth’s polar regions through Dragon’s cupola at an altitude of 425-450 kilometres (km), and conduct research on the effects of spaceflight on the human body, including capturing the 1st human X-ray images in space. - Which institute has recently (in August ’24), in partnership with Guhan Industries and Manufacturing Solutions (GIMS), developed India’s first abrasive waterjet machine to cut combustible materials without generating heat?
1) IIT Kanpur
2) IIT Hyderabad
3) IIT Madras
4) IIT Bombay
5) IIT MandiAnswer- 3) IIT Madras
Explanation:
Guhan Industries and Manufacturing Solutions (GIMS), Indian Institutes of Technology (IIT) Madras (Chennai, Tamil Nadu (TN))-backed startup, has designed and developed India’s first Abrasive Waterjet machine, which can be used for cutting combustible materials without generating heat.
This will play a major role in the semiconductor, aviation, defence and diamond industries.
The machine was unveiled by V Kamakoti, Director of IIT-M - When was the first-ever National Space Day observed across India to commemorate the Chandrayaan 3 landing on the Moon?
1) February 28
2) July 20
3) August 23
4) June 18
5) April 12Answer-3) August 23
Explanation:
The first-ever National Space Day (NSpD) is observed across India on 23 August 2024 to commemorate the achievement of the Chandrayaan-3 Mission launched by the Indian Space Research Organisation (ISRO).
i.The 2024 theme of NSpD is, “Touching Lives while Touching the Moon: India’s Space Saga.”
ii.On 22 August 2024, President Droupadi Murmu presented the Rashtriya Vigyan Puraskar (RVP) -2024, at an award ceremony held at Gantantra Mandap, Rashtrapati Bhavan in New Delhi(Delhi).
iii.The ISRO–Chandrayaan 3 Team was awarded the Vigyan Team (VT) Award for their contributions to space science and technology.Click here to read more
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