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Current Affairs Quiz:3 September 2024

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  1. Which organisation has recently (in August ‘24) signed a tripartite MoU with the Delhi Development Authority (DDA) and the Municipal Corporation of Delhi (MCD) for drone surveys to combat land encroachments in New Delhi, Delhi?
    1) National Sample Survey Office
    2) Indian Institute of Surveying and Mapping
    3) Survey Of India
    4) Forest Survey of India
    5) Geological Survey of India
    Answer-3) Survey Of India
    Explanation:
    A tripartite Memorandum of Understanding (MoU) was signed between the Delhi Development Authority (DDA), the Municipal Corporation of Delhi (MCD), and the Survey Of India (SOI) to facilitate drone surveys to determine the status of encroachments on government-owned lands in New Delhi (Delhi). The MoU aims to generate comprehensive geospatial data resources through survey and mapping activities.It creates a foundation for data integration by the DDA, MCD, and various government departments of the Delhi government.
     It maximises resource utilisation and ensures comprehensive coverage of areas under their jurisdictions.

  2. Name the project that was recently (in August ‘24) launched by the Indian Army to provide support and services to Defence pensioners, veterans, and their families.
    1) Nexus
    2) PARI
    3) Yojak
    4) NAMAN
    5) Digital Shakti
    Answer-4) NAMAN
    Explanation:
    The Indian Army (IA) has launched the first phase of Project NAMAN to provide support and services to Defence pensioners, veterans, and their families.
     The project was launched in the presence of General Upendra Dwivedi, Chief of the Army Staff (COAS) of the IA along with Sunita Dwivedi, President of the Army Wives Welfare Association (AWWA).
     Project NAMAN focuses on the implementation of the System for Pension Administration Raksha (SPARSH), a digital pension system that streamlines pension-related processes for Defence Pensioners, addressing the critical need for accessible facilitation points for Veterans and Next of Kin (NOK) throughout India.
     HDFC Bank has given the necessary Information Technology (IT) infrastructure to make the CSCs operational, while local military stations have contributed essential physical infrastructure and facilities.

  3. The Ministry of Youth Affairs and Sports (MoYAS) launched the RESET Programme on the occasion of National Sports Day(August 29, 2024).
    What does the letter ‘E’ represent in the acronym RESET?

    1) Enrichment
    2) Empowerment
    3) Entrepreneurship
    4) Education
    5) Engagement
    Answer-2) Empowerment
    Explanation:
    Union Minister Dr. Mansukh Mandaviya, Ministry of Youth Affairs and Sports (MoYAS), launched the ‘Retired Sportsperson Empowerment Training‘ (RESET) Programme on the occasion of National Sports Day(August 29, 2024) in New Delhi, Delhi.
     The initiative aims to support retired athletes by equipping them with the knowledge and skills necessary for career development and employability.
     Gwalior, Madhya Pradesh(MP) based Lakshmibai National Institute of Physical Education (LNIPE) will lead the pilot phase of the RESET Programme which offers hybrid learning with self-paced modules, on-ground training, and internships.
     The RESET Programme bridges generational gaps by enabling retired athletes to share their unique skills with aspiring athletes.
     It aims to empower athletes aged 20-50 who have represented India at international or national levels.

  4. With which country did India sign the working plan on cooperation in the field of emergency management for 2025-2026?
    1) Nepal
    2) Ghana
    3) Russia
    4) Sri Lanka
    5) Australia
    Answer-3) Russia
    Explanation:
    On 28th August 2024, the 2nd meeting of the joint Russian-Indian Commission on the Cooperation in the Field of Emergency Management was held in Moscow, the capital city of Russia.
     The Indian delegation was led by Minister of State (MoS) Nityanand Rai, Ministry of Home Affairs (MHA), Government of India (GoI) at the meeting.
     During the meeting, India and Russia signed the working plan of joint Russian-Indian Commission on the Cooperation in the field of Emergency Management for 2025-26.
     India will host the 3rd meeting of Indo-Russian Joint Commission on the Cooperation in the Field of Emergency Management in 2026.

  5. Which organisation has adopted a framework document on climate and sustainable development in its Climate Agenda in Modern Conditions Forum held in Russia on 29th & 30th August 2024?
    1) Association of South-East Asian
    2) South Asian Association for Regional Cooperation
    3) Group 20
    4) BRICS bloc
    5) United Nations
    Answer-4)  BRICS bloc
    Explanation:
    The BRICS bloc, an intergovernmental organisation, comprising Brazil, Russia, India, China, South Africa, Egypt, Iran, United Arab Emirates (UAE), Saudi Arabia, and Ethiopia, has adopted a framework document on climate and sustainable development following a two-day BRICS Climate Agenda in Modern Conditions Forum held in Moscow, Russia.
     The framework covers various aspects of climate action, including a just transition, mitigation, adaptation, carbon markets, finance, science, and business involvement.
     As part of Russia’s BRICS Chairship, the thematic BRICS Climate Agenda in Modern Conditions Forum was held by the Ministry of Economic Development, Russia on 29 & 30 August 2024.
     Additionally, a Memorandum of Understanding (MoU) on the BRICS carbon markets partnership was introduced.
     The MoU was the 2nd document developed within the BRICS Contact Group on Climate and Sustainable Development.

  6. Which ministry has recently (in August ‘24) issued 6 new regulations that are related to investors in the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), and other Small Savings Scheme (SSS)?
    1) Ministry of Labour and Employment
    2) Ministry of Finance
    3) Ministry of Cooperation
    4) Ministry of Women and Child Development
    5) Ministry of Communications
    Answer-2) Ministry of Finance
    Explanation:
    The Department of Economic Affairs (DEA), under the Ministry of Finance (MoF), has issued 6 new regulations that are related to investors in Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), and other Small Savings Scheme (SSS). These new rules will come into effect from 1st October, 2024.
     These new rules have been adopted with the objective of regularizing irregularly opened accounts under National Small Savings (NSS) through the Post Office.
     These new regulations have been categorised into following sections such as: irregular NSS, PPF accounts opened under a minor’s name, holding various PPF accounts, extension of a PPF account by Non-Resident Indian (NRI), regularization of Sukanya Samriddhi Account (SSA) initiated by grandparents instead of guardians.

  7. Which bank has recently (in August ‘24) fined Rs 2.68 crore by the Reserve Bank of India (RBI) for contravention of certain provisions, including on opening of current accounts, interest rate on deposits and fraud classification?
    1) Punjab National Bank
    2) HDFC Bank
    3) UCO Bank
    4) Axis Bank
    5) Central Bank of India
    Answer-3) UCO Bank
    Explanation:
    The Reserve Bank of India (RBI) has imposed a penalty of Rs 2.68 crore on Kolkata (West Bengal, WB) based United Commercial (UCO) Bank Limited for contravention of certain provisions, including on opening of current accounts, interest rate on deposits and frauds classification.
     The RBI has also imposed a penalty of Rs 2.1 lakh on Bhopal (Madhya Pradesh, MP) based Cent Bank Home Finance Limited (CBHFL) for non-compliance with certain provisions of Know Your Customer (KYC) directions.
     Both the penalties are based on regulatory compliance and are not intended to pronounce upon the validity of any transaction or agreement entered into by the entities with their customers.

  8. Which organisation has recently (in August ‘24) signed an airframer contract with SAFHAL Helicopter Engines Private Limited to develop and supply a helicopter engine named “Aravalli”?
    1) Adani Defence & Aerospace
    2) Hindustan Aeronautics Limited
    3) Signaltron Systems Private Limited
    4) Defence Research and Development Organisation
    5) Bharat Electronics Limited
    Answer-2) Hindustan Aeronautics Limited
    Explanation:
    Hindustan Aeronautics Limited (HAL), a Navaratna Public Sector Undertaking (PSU) under the Ministry of Defence (MoD), and SAFHAL Helicopter Engines Private Limited (SAFHAL) signed an airframer contract, to commence joint design, development, manufacture, supply, and support of a new generation high-power engine named “Aravalli”.
     The Aravalli engine will power the 13-ton Medium Lift class Indian Multi-Role Helicopter (IMRH), and the Deck-Based Multi-Role Helicopter (DBMRH), both designed and developed by HAL.
     The engine is named after the Aravalli Mountain Range (AMR), symbolising India’s aspirations for self-reliance in critical engine technologies.
     SAFHAL is a Joint Venture (JV) between Safran Helicopter Engines SAS and HAL, focused on new-generation helicopter engines in India.

  9. Which organisation has recently (in August 2024) signed an MoU with the United World Wrestling (UWW) to develop wrestling in India?
    1) Indian Olympic Association
    2) Wrestling Federation Of India
    3) Sports Authority of India
    4) International Olympic Committee
    5) Inspire Institute of Sport
    Answer-5)Inspire Institute of Sport
    Explanation:
    The Inspire Institute of Sport (IIS) has signed a Memorandum of Understanding (MoU) with the United World Wrestling (UWW) to boost the sport of wrestling in India.
     The MoU was signed during the 2024 Paris Olympic Games, at the Wrestling House in Paris, France.
     The MoU aims to set up a collaborative framework for developing wrestling in India through a variety of mutually beneficial programs, initiatives, projects, and activities.

  10. When was the World Coconut Day annually observed across the globe?
    1) August 25
    2) September 2
    3) June 18
    4) July 29
    5) June 1
    Answer-2) September 2
    Explanation:
    World Coconut Day is annually observed across the globe on 2 September to highlight the importance of coconuts and their contributions to agriculture, industry, cuisine, etc.
     The 2024 theme of World Coconut Day is, “Coconut for a Circular Economy: Building Partnership for Maximum Value.”
     The Day marks the foundation of the International Coconut Community (ICC), (formerly the Asian and Pacific Coconut Community (APCC), in 1969, with India as a founding member.Click here to read more