Daily Current Affairs Quiz 29th February 2024

” Notes: renowned indian ghazal singer Pankaj udhas passed away at 72 on february 26 at mumbai’s breach candy hospital, succumbing to a prolonged illness. born on may 17, 1951, in gujarat, udhas rose to fame in the 1980s and 1990s. beyond his musical accomplishments, he was known for philanthropy, supporting causes like cancer awareness.”

Notes solinas a startup incubated at iit madras developed india’s first septic tank cleaning robot homosep atom addressing manual scavenging issues the dst-tbi-supported innovation reaches 16 cities offering end-to-end

” Notes:world ngo day, celebrated annually on february 27, acknowledges the vital role of non-governmental organizations (ngos) globally. over 89 countries and 6 continents participate. the day promotes active engagement in ngos, advocates for collaboration between ngos and public-private sectors, and raises awareness among the needy about the impactful work of ngos. the 2024 theme, “building a sustainable future: the role of ngos in achieving the sustainable development goals,” emphasizes their crucial contribution to global sustainability.”

” Notes: Bengaluru, known as the ‘garden city,’ faces its worst domestic water crisis. over 30 localities receive water on a rotational basis every alternate day, with supply lasting only 30-45 minutes. the city, once abundant with 262 lakes, now has only 81 due to real estate development. the remaining lakes are at risk, impacting the city’s water supply. the reliance on the Krishna raja sagara reservoir is strained by a weak monsoon, leading to water shortages and skyrocketing tanker prices. community involvement is crucial for lake preservation.”

” Notes:former attorney general Feleti Teo has been chosen as tuvalu’s new prime minister by parliamentary members after a recent election spotlighted the nation’s ties with taiwan. teo, the sole nominee, was unanimously elected by 15 lawmakers without a vote. following the january 26 election where the pro-taiwan predecessor, kausea natano, lost his seat, teo’s swearing-in ceremony and cabinet appointment are scheduled for later this week.”

” Microsoft and the International Centre for entrepreneurship and technology (icreate) have signed a memorandum of understanding (mou) facilitated by the ministry of electronics and information technology (meity) to launch impel-ai (icreate-microsoft programme for emerging leaders in artificial intelligence (ai)) programme to empower indian ai startups.i. the programme is set to be implemented in two stages, and it will encourage ai innovation and product development among indian startups by providing access to mentorship and technology infrastructure.”

” The finance minister of odisha, bikram keshari arukha, presented a growth-oriented annual budget (vote-on-account) for the financial year 2024-25 (fy25) in the legislative assembly, with an outlay rs 2,55,000 crore (rs 2.55 lakh crore), a 11% increase from annual budget, fy24. no new schemes were introduced. an interim budget of rs 1.18 lakh crore was also presented for the first four months of fy25.”

” The Central Economic Intelligence Bureau (ceib) in collaboration with the state bank of india (sbi) launched an automated search portal dedicated for antecedent verification of potential borrowers and non-performing assets (npas), to help public sector banks (psbs).i. ceib and sbi, have jointly developed a digital platform to assist psbs in obtaining mandatory intelligence clearance process for psbs promptly, which will ensure timely disbursement of funds.”

” Mumbai (Maharashtra) based uber india systems private limited (uber) has signed a memorandum of understanding (mou) with open network for digital commerce (ondc) to explore an integration with the network to expand the range of mobility offerings on the uber mobile application. the mou aims to provide safe, affordable and reliable rides to all indians.”

” The Central Excise Day 2024 was observed across india on 24th february 2024 to recognise and highlight the contributions of the central board of indirect taxes and customs (cbic), which is responsible for administering indirect taxes in india.i. the day also commemorates the anniversary of the enactment of the central excise and salt act, 1944 on 24 february 1944.”

” The indian coast guard (icg), the sri lankan navy (sln), and the maldives national defence force (mndf) are jointly conducting the 16th edition of the biennial trilateral coast guard exercise named ‘dosti-16’ from february 22–25, 2024 in the male, maldives. observers from bangladesh also joined in the trilateral joint exercise.”

The competition commission of india (cci) has approved the acquisition of up to ~8.79% of equity share capital of coimbatore (tamil nadu) based pricol limited(pricol) by noida (uttar pradesh) based minda corporation limited (minda).i. minda manufactures auto-component parts and caters to original equipment manufacturers (oems) and tier-1 (a company that is a direct supplier for an oem) in various segments across india.

” Union minister anurag thakur, ministry of information and broadcasting (mib), launched 4 transformative portals as part of mib’s digital initiatives, to modernise india’s media industry in new delhi, delhi. the 4 portals are, press sewa portal; transparent, empanelment, media planning, and ebilling system (tempest) navigate (national video gateway) bharat portal; and national register for local cable operators (lcos). click here to read more”

” The reserve bank of india (rbi) announced that the interest equalization scheme (ies) for pre and post-shipment rupee export credit was extended by the government of india (goi) till 30th june 2024 with an additional allocation of rs. 2500 crores.i. for the manufacturers and merchant exporters exporting under 410 harmonized system (hs) lines, the interest equalization rate will be at 2%. for micro, small & medium enterprises (msme) manufacturers, exporting under any hs line, the interest equalization rate will be at 3%.”

” Ntpc green energy limited (ngel), a wholly owned subsidiary of ntpc ltd signed a land lease agreement with andhra pradesh industrial infrastructure corporation (apiic) to develop an “integrated green hydrogen hub” on 1,200 acres of land near pudimadaka village (atchutapuram mandal) in visakhapatnam, andhra pradesh (ap). the pudimadaka green hydrogen hub aims to create a cutting-edge ecosystem for technologies in the new energy model.”