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- What was the outlay of the Agri Fund for Start-Ups and Rural Enterprises (AgriSURE) that was recently (in August ‘24) launched by the Ministry of Agriculture and Farmers Welfare (MoA&FW)?
1) Rs.500 crore
2) Rs.1000 crore
3) Rs.750 crore
4) Rs.250 crore
5) Rs. 100 croreAnswer-3) Rs.750 crore
Explanation:
Union Minister Shivraj Singh Chouhan, Ministry of Agriculture and Farmers Welfare (MoA&FW) has launched a Rs.750 crore ‘Agri Fund for Start Ups and Rural Enterprises(AgriSURE)’ and Agri investment Portal named ‘KrishiNivesh’ at New Delhi, Delhi.
He also conferred Agriculture Infrastructure Fund (AIF) Excellence Awards 2024 to the top-performing Banks and States under various categories in recognition of their outstanding efforts.
Of the 750 crores, the Government of India and National Bank for Agriculture and Rural Development (NABARD) provided 250 crore each, and another 250 crore have to be raised from other institutions, including private investors.
AgriSURE is registered with Securities and Exchange Board of India (SEBI) under the category of Category-II Alternative Investment Fund. NABVENTURES Limited, a wholly owned subsidiary of NABARD, serves as the Investment Manager to the Fund.
KrishiNivesh Portal is a comprehensive platform designed to improve agribusinesses, attract investments, and increase farmers’ incomes.Click here to read more - Which state has emerged as the top-performing state under the Rs 1 lakh crore Agriculture Infrastructure Fund (AIF) scheme?
1) Madhya Pradesh
2) Maharashtra
3) Uttar Pradesh
4) Punjab
5) RajasthanAnswer-1) Madhya Pradesh
Explanation:
Union Minister Shivraj Singh Chouhan, Ministry of Agriculture and Farmers Welfare (MoA&FW) conferred Agriculture Infrastructure Fund (AIF) Excellence Awards 2024 to the top-performing Banks and States under various categories in recognition of their outstanding efforts.
Madhya Pradesh (MP) has emerged as the top-performing state under the Rs 1 lakh crore Agriculture Infrastructure Fund (AIF) scheme, followed by Maharashtra, Uttar Pradesh (UP), Punjab, and Rajasthan. These five states account for 50% of the total Rs 47,889 crore sanctioned under the AIF.
MP topped with 9,331 sanctioned projects, totaling an investment of Rs 11,244 crore, with Rs 7,404 crore approved as credit at a subsidized interest rate under AIF Scheme.
Maharashtra follows with 8,352 projects, entailing an investment of Rs 9,225 crore, of which Rs 5,195 crore has received credit approval.
UP, Punjab, and Rajasthan have secured approvals for 5,753, 16,680, and 2,587 projects, respectively.
The AIF scheme was launched in 2020 with Rs 1 lakh crore outlay. AIF provides loans at a 6% interest rate after a 3% subsidy by the Central Government. - Which organisation has recently (in September ‘24) signed a MoU with the Bureau of Energy Efficiency to promote energy efficiency in India?
1) ReNew Energy Global PLC
2) TotalEnergies
3) National Test House
4) Bharat Petroleum Corporation Limited
5) Bureau of Indian StandardsAnswer-3) National Test House
Explanation:
National Test House (NTH) under the Department of Consumer Affairs (DCA), Ministry of Consumer Affairs, Food and Public Distribution (MoCAF&PD), and the Bureau of Energy Efficiency (BEE), a statutory body under the Ministry of Power (MoP), signed a Memorandum of Understanding (MoU) to strengthen the Standards & Labelling (S&L) Program, promoting energy efficiency across India.
The MoU aims to promote sustainable development in India through energy conservation by saving electricity.
BEE will recognise NTH as a referral laboratory for technical disputes regarding the test results.
NTH, formerly known as the Government Test House, is India’s largest multi-location multidisciplinary industrial central government testing laboratory and a premier scientific and technical institution of India. - Which month was celebrated as the ‘Rashtriya Poshan Maah 2024 or Nutrition Month 24‘ by the Ministry of Women and Child Development (MoWCD)?
1) July
2) September
3) October
4) August
5) NovemberAnswer- 2) September
Explanation:
Union Minister Annpurna Devi Yadav, Ministry of Women and Child Development (MoWCD) has launched ‘Rashtriya Poshan Maah 2024 or Nutrition Month 24‘ at Mahatma Mandir, Gandhinagar, Gujarat.
It is the 7th series of Rashtriya Poshan Abhiyan, celebrating the entire month of September as Poshan Maah.
The month-long campaign aims to further intensify efforts to combat malnutrition and promote holistic well being across India.
In 2018, the Prime Minister (PM) Narendra Modi launched the ‘Rashtriya Poshan Abhiyan to address malnutrition by emphasising on the nutritional health of pregnant women, nursing mothers, adolescent girls, and children under the age of six.
Rashtriya Poshan Maah 2024 will focus on themes such as Anaemia, Growth Monitoring, Complementary Feeding, PoshanBhiPadhai Bhi (PBPB), Technology for better governance, and Ek Ped Maa Ke Naam. - Name the Bilateral Naval Exercise between India and France that was held in the Mediterranean Sea from 2nd to 4th September 2024.
1) Exercise SHAKTI
2) JIMEX-24
3) Exercise Pitch Black
4) Exercise VARUNA
5) Exercise GarudaAnswer-4) Exercise VARUNA
Explanation:
The Indian Navy’s (IN) P-8I aircraft has arrived at Air Base 125 Istres-Le Tube in France, marking its first deployment in Europe, to participate in the 22nd edition of Exercise ‘VARUNA’ (2024), an Indo-French Bilateral Naval Exercise.The Exercise was conducted in the Mediterranean Sea from 2nd to 4th September 2024.
This deployment follows 63 years after the IN’s Alize aircraft operated from the erstwhile Indian Naval Ship (INS) Vikrant and last flew at Hyeres Airbase.
The VARUNA 2024 will feature advanced tactical drills, highlighting the strengthened synergy and interoperability between the 2 navies.
INS Tabar, which had earlier arrived in Toulon, France is also participating in the exercise.
The 21st edition of this bilateral exercise was conducted on the Western Seaboard from 16 to 20 January 2023. - Which fintech company has recently (in August ‘24) launched India’s first multi-brand co-branded credit card in partnership with RuPay and Yes Bank Limited?
1) Covrzy Technologies Private Limited
2) BranchX India Private Limited
3) TechFini
4) POPtech Growth Private Limited
5) Mswipe Technologies Private LimitedAnswer-4) POPtech Growth Private Limited
Explanation:
POPtech Growth Private Limited (POP), a Fintech startup has launched India’s first multi-brand co-branded credit card, ‘YEB BANK POP-CLUB RuPay Credit Card’ which was developed in partnership with RuPay and Yes Bank Limited.
It was launched at 2024 Global Fintech Festival (GFF), Mumbai (Maharashtra) in the presence of Amit Sinha, Head of Yes Bank’s credit card sales and partnerships, and Nalin Bansal, Chief of Corporate and Fintech Relationships at National Payments Corporation of India (NPCI).
The card has no joining fee and comes with an exclusive set of joining benefits. The cardholders can earn rewards on every transaction using POPcoins.
The users can earn 10% POPcoins for all online transactions, 2% POPcoins for offline transactions, and an extra 5% POPcoins for using the card with POP UPI. - According to the World Bank’s recently released (in September ‘24) India Development Update (IDU), India’s Gross Domestic Product (GDP) was estimated to be _________ for the Financial Year 2024-25.
1) 6.5%
2) 6.8%
3) 7%
4) 7.2%
5) 8%Answer-3) 7%
Explanation:
On September 3, 2024, the World Bank (WB) in its ‘India Development Update (IDU)- India’s trade opportunities in a changing global context’ upgraded India’s growth estimate to 7% from 6.6% for Financial Year 2024-25 (FY25). Despite global challenges and the fading effects of post-pandemic recovery, India’s medium-term outlook remains positive.
The Gross Domestic Product (GDP) growth is projected at 6.7% for FY26 and FY27.
The urban labour market improved gradually since the peak of the pandemic although youth unemployment remained elevated at around 17%.
The Fiscal Deficit(FD) is anticipated to reduce from 5.6% of GDP in FY24 to 4.9% in FY25, further narrowing to 4.5% by FY26.
The debt-to-GDP ratio is expected to decline from 83.9% in FY24 to 82% by FY27, aided by strong revenue growth and fiscal consolidation. - Who was recently (in August ‘24) appointed as Managing Director (MD) of NABARD Consultancy Services (NABCONS)?
1) Y Haragopal
2) Govind Singh
3) Ajith Kumar KK
4) Dileep Sanghani
5) Nemkumar HAnswer-1) Y Haragopal
Explanation:
Y Haragopal has been appointed as the Managing Director (MD) of the NABARD Consultancy Services (NABCONS). Prior to this appointment he served as the Chief Operating Officer (COO) of NABCONS.
He joined NABARD in 1996 as a Direct Recruit Officer and held various positions for 14 years in the Refinance Department, Mumbai (Maharashtra) and at various regional offices in Punjab, Haryana, Andhra Pradesh, and Telangana.
He served as the General Manager (GM) of NABARD’s Telangana Regional Office in Hyderabad (Telangana) before joining NABCONS. - Name the aerospace company that has recently (in September ‘24) achieved the successful maiden flight of India’s first Indigenous unmanned bomber aircraft, the FWD 200B.
1) Azista BST Aerospace Private Limited
2) Flying Wedge Defence and Aerospace
3) Adani Defence and Aerospace
4) Ikran Aerospace and Technologies Private Limited
5) Hindustan Aeronautics LimitedAnswer-2) Flying Wedge Defence and Aerospace
Explanation:
Bengaluru (Karnataka)-based Flying Wedge Defence and Aerospace (FWDA), a defence and aerospace company, announced the successful maiden flight of India’s first Indigenous unmanned bomber aircraft, the FWD 200B.
The aircraft is classified as a Medium Altitude Long Endurance (MALE) Unmanned Aerial Vehicle (UAV).
FWD 200B features a wingspan of 5 meters (m) and a length of 3.5 m.
It has a maximum take-off weight of 102 kilograms (kg) and a payload capacity of 30 kg.
It can fly at a cruising speed of 152 km per hour, with a maximum speed of 250 km per hour. - Who has recently (in August ‘24) become the first Indian to be officially named as the Foundation Ambassador of the International Table Tennis Federation (ITTF) Foundation?
1) Sreeja Akula
2) Sharath Kamal Achanta
3) Harmeet Desai
4) Sumit Nagal
5) Manika BatraAnswer-2) Sharath Kamal Achanta
Explanation:
Indian Table Tennis (TT) Player Sharath Kamal Achanta has been officially named as the Foundation Ambassador of the International Table Tennis Federation (ITTF) Foundation, a non-profit organization that promotes peace and development through table tennis. He became the First Indian to be named the ambassador of ITTF Foundation.
The announcement was made during the celebration of ITTF Foundation’s TT4 Health Programme during the 5th season of Ultimate Table Tennis (UTT 2024) being held in Jawaharlal Nehru Indoor Stadium, Chennai, Tamil Nadu (TN) from 22nd August 2024 to 7th September 2024.
He was the 1st Indian TT player to win a gold medal in the Commonwealth Games (CWG). He won Gold Medals in the Men’s Singles and Men’s Team event at the 2006 CWG in Melbourne, Australia.
He has been honoured with the Arjuna Award (2004), Padma Shri for Sports (2019), and Major Dhyan Chand Khel Ratna Award (2022).
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