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- Software Technology Parks of India (STPI), an autonomous society under _____________, celebrated its 33rd Foundation Day on 6th June 2024 under the theme “Positioning Bharat as a Tech Product Nation.”
1) Ministry of Labour and Employment
2) Ministry of Skill Development and Entrepreneurship
3) Ministry of Electronics and Information Technology
4) Ministry of Science and Technology
5) Ministry of CommunicationsAnswer-3) Ministry of Electronics and Information Technology
Explanation:
Software Technology Parks of India (STPI), an autonomous society under the Ministry of Electronics and Information Technology (MeitY), celebrated its 33rd Foundation Day on 5th June 2024 at a special event held in New Delhi, Delhi).
• The foundation day event was held under the theme “Positioning Bharat as a Tech Product Nation”.
• STPI launched two new web portals, SayujNet, a networking and resource discovery platform, and STPI-Workspace, an STPI Workspace portal.
• STPI also announced its new initiative under the brand name “Ananta
Krishnan, Secretary (MeitY) released the DeepTech Knowledge Report on “Cutting-Edge Tech Forging India a Software Product Nation”. - Name the mobile application that was launched on the occasion of World Environment Day 2024 (5th June) for monitoring the real-time Air Quality Index (AQI).
1) K-SMART
2) MPLADS e-SAKSHI
3) Saksham
4) SARATHI
5) Air-PravahAnswer-5) Air-Pravah
Explanation:
On the occasion of World Environment Day 2024 (5th June 2024), S Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY), inaugurated the Indigenous Air Quality Monitoring System (AQ-AIMS) during the event held in New Delhi, Delhi.
• He also launched the mobile application “Air-Pravah” for real-time Air Quality Index (AQI) monitoring.
• The AQ-AIMS and Air-Pravah were developed under MeitY-supported technologies.
The government of India (GoI) has designated Bihar’s Nagi Bird Sanctuary and Nakti Bird Sanctuary as wetlands of International Importance under the Ramsar convention, taking the total number of RAMSAR sites in India to 82.click here to read more - Which department has signed a Memorandum of Understanding (MoU) with four banks to onboard them as System for Pension Administration-Raksha (SPARSH) service centres to assist pensioners?
1) Department of Pharmaceuticals
2) Defence Accounts Department
3) Department of Posts
4) Department of Land Resources
5) Department of RevenueAnswer-2) Defence Accounts Department
Explanation:
The Defence Accounts Department (DAD) of the Ministry of Defence (MoD) has signed a Memorandum of understanding (MoU) with four banks to onboard them as System for Pension Administration – Raksha (SPARSH) service centres across 1,128 branches of these banks in India.
• The four banks were the Bank of India (BOI), Canara Bank, Central Bank of India (CBI) and Utkarsh Small Finance Bank Limited (USFBL).
• The SPARSH is a web-based system for processing pension claims and crediting the pension directly into the bank accounts of defence pensioners without any external intermediary. - In June 2024, the Securities Exchange Board of India issued a master circular to relax timelines for ____________ to make material event disclosures.
1) Stock Brokers
2) Alternative Investment Fund Managers
3) Stock Exchanges
4) Foreign Portfolio Investors
5) Investment AdvisersAnswer-4) Foreign Portfolio Investors
Explanation:
On 5th June 2024, The Securities Exchange Board of India (SEBI) issued a Master Circular for Foreign Portfolio Investors(FPIs), Designated Depository Participants and Eligible Foreign Investors specifying the timelines for disclosure of material changes/events.
• To relax the timeline of material changes by FPI, SEBI (FPIs) (Amendment) Regulations 2024, was notified on 3rd June 2024, amending the SEBI (FPIs) Regulations 2019.
• SEBI categorised material changes notified by FPIs into 2 groups: Type I & Type II.
• Type I includes changes that require FPIs to seek fresh registration, or which affect any privileges or exemptions available to such foreign investors. Type 1 material changes needs to be now informed within seven days and supported documents to be provided within 30 days.
• Type II includes all other material changes and needs to be informed within 30 days with supporting documents if any. - Which country’s central bank has recently (in June ‘24) signed an agreement with NPCI International Payments Limited (NIPL) to introduce a payment system similar to UPI?
1) Peru
2) Denmark
3) Singapore
4) Egypt
5) NamibiaAnswer-1) Peru
Explanation:
NPCI International Payments Limited (NIPL), the international arm of National Payments Corporation of India (NPCI), has signed an agreement with the Central Reserve Bank of Peru (BCRP- Banco Central de Reserva del Perú) to introduce Unified Payments Interface (UPI)-like real-time payments system in Peru.
• The collaboration makes Peru the first South American (SA) nation to adopt UPI technology.
• This also mark’s NIPL’s second partnership with a central bank to deploy the UPI stack in the international market.
• In May 2024, NIPL signed an agreement with the Bank of Namibia (BoN), the central bank of Namibia, to develop an instant payment system like UPI in Namibia(an African country) - Which insurance company has recently (in June ‘24) launched the new theme ‘Insure today for a safe tomorrow’ to raise awareness about the importance of insurance in safeguarding against unforeseen risks?
1) Max Life Insurance Company Limited
2) Tata AIA Life Insurance Company Limited
3) Universal Sompo General Insurance Company Limited
4) Canara HSBC Life Insurance Company Limited
5) Kotak Mahindra Life Insurance Company LimitedAnswer-3) Universal Sompo General Insurance Company Limited
Explanation:
Universal Sompo General Insurance Company Limited has launched a new theme, ‘Insure today for a safe tomorrow,’ to raise awareness about the importance of insurance in safeguarding against unforeseen risks.
i.It offers a wide range of insurance products, including motor, health, personal accident, fire, and burglary insurance. It is dedicated to ensure comprehensive protection for individuals, assets, and businesses.
ii.As part of an initiative called ‘Insurance for All by 2047,’ Universal Sompo collaborated with Maruti Suzuki Insurance Broking Private Limited to spread insurance awareness in Andhra Pradesh (AP). - Which financial institution/Bank has recently (in June ‘24) estimated India’s economic growth to remain at 7% in the April-June 2024 quarter?
1) Asian Development Bank
2) DBS Bank
3) United Nations Conference on Trade and Development
4) Fitch Ratings
5) World BankAnswer-2) DBS Bank
Explanation:
Singapore-based DBS Bank Ltd (formerly known as Development Bank of Singapore Limited) retained its projection for India’s Gross Domestic Product (GDP) at 7% for FY25 (2024-25).
• It also projected India’s GDP growth to remain at 7% for Q1 (April to June 2024) of FY25.
• GDP growth for Q4(January-March 2024) of FY24 increased to 7.8% year on year(yoy). This figure is revised from 8.6% yoy. - In June 2024, Goldman Sachs Group, Inc. raised India’s Gross Domestic Product (GDP) growth forecast for the Calendar Year (CY) 2024 by 20 basis points (bps) to ______________.
1) 6.9%
2) 6.2%
3) 6.6%
4) 7%
5) 7.3%Answer-1) 6.9%
Explanation:
Foreign Brokerage Goldman Sachs Group, Inc., has raised India’s Gross Domestic Product (GDP) growth forecast for the Calendar Year (CY) 2024, by 20 basis points (bps) to 6.9% from the earlier projection of 6.7%.
• Goldman Sachs has projected India’s GDP growth at 6.8% for the current fiscal (FY2024-25).
• Goldman Sachs expects the Central government to meet the 2024-25 fiscal deficit target of 5.1% of GDP from a higher-than-budgeted dividend from the Reserve Bank of India (RBI). - Which organisation has recently (in May ‘24) won the United Nations World Summit on the Information Society’s (UN’s WSIS) 2024 ‘Champion’ Award at the WSIS+20 Forum in Geneva, Switzerland?
1) Software Technology Parks of India (STPI)
2) National Association of Software and Service Companies (NASSCOM)
3) Centre for Development of Telematics (C-DOT)
4) National Skill Development Corporation (NSDC)
5) Centre for Development of Advanced Computing (C-DAC)Answer-3) Centre for Development of Telematics (C-DOT)
Explanation:
The Centre for Development of Telematics (C-DOT) has won the United Nations World Summit on the Information Society (UN’s WSIS) 2024 ‘Champion’ Award at the WSIS+20 Forum in Geneva, Switzerland.
• The award was given for the project ‘Mobile-Enabled Disaster Resilience through Cell Broadcast Emergency Alerting’ which was recognised under Artificial Intelligence (AI), Category – 7 (C-7), E-environment, in the category of ‘Benefits in all aspects of life – E-environment’.
• he WSIS+20 Forum 2024 is a High-Level Event which was conducted from 27th to 31st May 2024 by the International Telecom Union (ITU) in Geneva, Switzerland.
The AI for Good Global Summit was also organised along with WSIS, from 29th May to 31st May, 2024 at Geneva.
• C-DOT demonstrated cutting-edge telecom solutions such as an ITU-Common Alerting Protocol (CAP)- based early warning alert system and cell broadcast technology for disaster management, as well as ASTR (AI and Facial Recognition-powered Solution for Telecom SIM subscriber verification) for detecting Subscriber Identity Module (SIM) used in cyber fraud. - The United Nations (UN)’s Russian Language Day was observed across the globe on ________________ to celebrate the history, culture and development of the Russian Language.
1) April 23
2) June 6
3) April 20
4) January 10
5) May 25Answer-2) June 6
Explanation:
The United Nations (UN)’s Russian Language Day is annually observed across the globe on 6th June to highlight the significance of the Russian language as a symbol of national identity and cultural heritage and honour the richness and beauty of the Russian language.
• The day marks the birth anniversary of the great Russian poet, novelist, and playwright Alexander Sergeevich Pushkin (1799 to 1837), the father of modern Russian literature.
• 6th June 2024 marks the 225th birth anniversary of Alexander Sergeevich Pushkin.Click here to read more
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