Daily Current Affairs Quiz 23rd July 2024

” Notes:the european space agency’s ramses spacecraft will accompany the asteroid apophis during its close pass of earth in 2029. the rapid apophis mission for space safety (ramses) aims to intercept apophis, which will pass within 32,000 km of earth on april 13, 2029.

visible to 2 billion people, this rare event allows researchers to study apophis’s altered characteristics due to earth’s gravity, enhancing planetary defense capabilities.”

” Notes:
The tea industry seeks higher rates under the RoDTEP scheme to boost export competitiveness. RoDTEP, a flagship export promotion scheme by India’s Commerce Ministry, refunds unrebated central, state, and local duties on inputs. Announced in September 2019, it replaced the MEIS scheme following a WTO ruling. Effective January 1, 2021, RoDTEP supports crucial export sectors to enhance competitiveness, create jobs, and promote economic growth, aiming for Aatmanirbhar Bharat.

Notes:telangana chief minister revanth reddy has launched the rajiv gandhi civil abhaya hastham scheme 2024. this scheme provides rs 1 lakh financial assistance to economically weaker students (ews/bc/sc/st) who have passed the upsc preliminary exam to help them prepare for the mains. the scheme aims to increase the number of civil employees in the state. eligible students must apply online once the official website is released.

” Notes:the indian institute of spices research (iisr) received the best technology award for its work in horticultural sciences. union agriculture minister shivraj singh chouhan presented the award during icar’s 96th foundation day.

iisr’s award-winning technology, “process for instant soluble turmeric enriched spice flavoured milk powder,” has been commercialized with malabar milk producers’ union, resulting in products golden milk and golden milk mix.”

” Notes:indian tennis legends leander paes and vijay amritraj became the first indian and asian men’s tennis players inducted into the international tennis hall of fame, making india the 28th country represented.

british sports journalist richard evans was also inducted. paes was honored in the player category, while amritraj and evans were recognized in the contributor category. the hall of fame now includes 267 tennis legends from 28 nations.”

The npci certifications validate techfini commitment to innovation in payments technology and serve as a source of authentication to its customers and partners striving to access secure reliable and trustworthy solutions

” The securities and exchange board of india (sebi) has recognized bse limited (formerly bombay stock exchange) as a supervisory body for research analyst administration and supervisory body (raasb) and investment adviser administration and supervisory body (iaasb) to oversee their management and administration for a period of 5 years w.e.f. july 25, 2024.

this recognition has been under regulation 14 of the sebi ( research analyst (ra)) regulations, 2014 and sebi (investment adviser (ia)) regulations, 2013. this information is provided by sebi in exercise of powers conferred under section 11(1) of the sebi act, 1992 read with regulation 14 of ra regulations and ia regulations. bse will develop bye-laws, standard operating procedures (sops), and frequently asked questions (faqs) to assist ras and ias in smoothly adopting the frameworks established by the raasb and the iaasb.”

” On july 18, 2024, the national institution for transforming india (niti) aayog released the report titled “electronics: powering india’s participation in global value chains(gvc)“.

this report provides an in-depth analysis of india’s electronics sector, highlighting its potential and challenges, and outlines a roadmap for india to become a global manufacturing hub in electronics. market size: the global electronics market is valued at usd 4.3 trillion, dominated by china, taiwan, the usa (united states of america), south korea, vietnam, and malaysia.

India’s share: despite a 4% share in global demand, india’s exports are approximately usd 25 billion annually, representing less than 1% of the global market share. ambitious target: india should aims for usd 500 billion in electronics manufacturing by fy30, creating 5.5 to 6 million jobs, with electronics exports expected to hit usd 240 billion and domestic value addition exceeding 35%.

in fy23, india’s electronics sector contributed 5.32% to the country’s total merchandise exports, showcasing its competitiveness and international demand. as of fy23, india’s electronics production stands at usd 101 billion, with usd 86 billion from finished goods and usd 15 billion from components manufacturing.”

” On 17th july 2024, esaf small finance bank(esaf sfb) announced that it has received the approval from the reserve bank of india (rbi) for the re-appointment of kadambelil paul thomas as managing director (md) and chief executive officer (ceo) of the bank for next 3 years.

this final approval was communicated through rbi’s letter dated on 16th may 2024, which was granted under the banking regulation act, 1949. in june 2024, k. paul thomas was elected the chairman of the board of sa-dhan, the association of microfinance and impact finance institutions”

” Union minister dr. subrahmanyam jaishankar, ministry of external affairs (mea), government of india (goi), was on a 2-day official visit to the republic of mauritius from 16th to 17th july 2024. eam s. jai shankar also held a bilateral meeting with pravind kumar jugnauth, prime minister (pm) of mauritius.

on 17th july 2024, eam dr. s. jaishankar along with mauritius pm pravind jugnauth inaugurated india’s 1st overseas jan aushadhi kendra in mauritius. eam dr. s.  jaishankar inaugurated the india-mauritius “maitree udyan” and planted a tree in port louis, mauritius.

he was accompanied by maneesh gobin, minister of foreign affairs, regional integration and internal trade, mauritius. eam s. jaishankar reaffirmed india’s support to mauritius on the issue of chagos archipelago, a gesture which was swiftly appreciated by the island nation in the indian ocean.”

A private sector agency has signed an agreement with the ncpor for the construction of a 35-metre high orv on 2 december which is expected to serve india for the next 30 years it will have a maximum of 14 knots and operate depths of 6000 m

” The 53rd goods and services tax (gst) council meeting headed by union minister nirmala sitharaman, ministry of finance (mof) and ministry of corporate affairs(moca) was held on 22nd june 2024 in new delhi, delhi.

in the exercise of the powers conferred by section 164 of the central goods and services tax (cgst) act, 2017 (12 of 2017), the government of india (goi) amended the cgst rules, 2017 which will now be called cgst (fifth amendment) rules, 2024.

the gst council informed that a uniform rate of 5% integrated goods and services tax (igst) will be implemented for imports of all ‘parts, components, testing equipment, tools and toolkits of aircraft.ii.the council has recommended rolling out biometric-based aadhaar authentication on an all-india basis in a phased manner.”

” Researchers from the botanical survey of india (bsi) have discovered a new plant species named ‘phlogacanthus sudhansusekharii’ in the itanagar wildlife sanctuary, in papum pare district, arunachal pradesh (ar). the new plant species has been named after dr sudhansu sekhar dash, a scientist at the bsi, in recognition of his significant contribution to plant and ecological research in the indian himalayan region. the detailed research findings were published by authors samrat goswami and rohan maity in the indian journal of forestry. phlogacanthus sudhansusekharii belongs to the family ‘acanthaceae’ and the genus ‘phlogacanthus’.”

” The federation of indian chambers of commerce & industry (ficci)’s economic outlook survey released in july 2024 has projected a 7% annual median gross domestic product (gdp) growth for india in the fiscal year 2024-25(fy25). this forecast presents a growth estimate range from 6.6% to 7.5%.

the median gdp growth is estimated at 6.8% in first quarter (q1) (april-june) fy25 and 7.2% in second quarter (q2) (july-september) of fy25. the median forecast for consumer price index (cpi) based inflation has been put at 4.5 per cent for 2023-24,

with a minimum and maximum range of 4.4 per cent and 5.0 per cent respectively. the survey forecasts exports to reach usd 455 billion and imports to hit usd 725.0 billion for 2024-25.”

” The life insurance corporation of india (lic) has partnered with idfc first bank limited, under corporate agency arrangement to enhance bancassurance and to provide life insurance coverage to all by 2047. it will benefit more than 1 crore idfc first bank customers, who will now be able to purchase lic policies through the bank. the agreement will offer idfc first bank’s digitally savvy customers a diverse range of attractive lic insurance products.”