Daily Current Affairs Quiz 2nd August 2024

” Notes:heavy rainfall in the cauvery basin has increased water release from the krishna raj sagar (krs) dam. built across the river cauvery at kannambadi by the wodeyar dynasty, it was named krishnaraja sagara in 1917 after king krishnaraja odeya iv. the dam supplies water to shivasamudra’s hydro-electric power station, mysore city’s drinking water, and irrigation purposes.”

Researchers found that gene mutations in parkinson disease patients are more common than expected suggesting broader genetic testing

” Notes:the assam government is planning a grand jhumur dance performance with 8,000 tea tribe artists. jhumur is a traditional dance of assam’s tea tribes, performed during autumn. it features young girls dancing in fields or under trees, with male members playing instruments like the madal drum, flute, and taals. the dance depicts daily life, joys, sorrows, and aspirations, and serves as recreation, ritual worship, courting, and prayer for rain.”

” Notes:india hosts ‘tarang shakti,’ largest international air exercise, in two phases: august in tamil nadu and september in rajasthan. the event aims to strengthen strategic relations, inviting 51 countries with 30 participating. phase one in tamil nadu features france, germany, spain, and the uk. phase two in rajasthan includes australia, bangladesh, greece, singapore, uae, and the usa. this exercise enhances collaboration and operational skills.”

The union ministry of education has announced guidelines for bagless days for students in classes 6 to 8 as recommended by the national education policy 2020 this involves a 10-day period where students intern with local vocational experts like carpenters and artists the objectives are to promote observation-based learning understand community interdependence

” Chennai, tamil nadu (tn)-based shriram group has obtained approval from the reserve bank of india (rbi) to enter the asset reconstruction (arc) sector in the financial year 2024-2025 (fy25). shriram credit, a subsidiary of shriram capital limited (scl), will oversee the wealth management aspect which will have collaboration with multiple partners, while, scl will directly manage arc operations. shriram finance limited (sfl), india’s largest retail non-banking financial company (nbfc), projects a 15% growth in assets under management (aum) for fy25.”

” The department of posts (dop) under the ministry of communications(moc) has released the commemorative postage stamp of denomination rs 5 to mark the silver jubilee (25th anniversary) of kargil vijay diwas, at dras, kargil in ladakh.i.the rajat jayanti of kargil vijay diwas was observed, paying tribute to the bravery and sacrifices of the indian armed forces.ii.on this day, 25 years ago, during operation vijay (1999), the indian armed forces carried out, evicting pakistani invaders from the icy heights of the dras, kargil, and batalik sectors of ladakh with great courage and spirit”

On 29 july 2024 moefcc introduced the idea4life initiative at the indian institute of technology iit delhi in new delhi delhi this initiative is hosted on the portal ideas4lifenicin allows participants to submit their ideas and innovations online focusing on products and services which encourage environmentally friendly lifestyles

” Gurgaon (haryana) based niit institute of finance, banking and insurance (niit ifbi), a subsidiary of national institute of information technology (niit) has announced the launch of the ‘ace banker program’ in collaboration with hdfc bank limited.i.this program is designed to address the changing needs of the banking sector by equipping participants with the necessary skills and knowledge to excel in customer service roles at hdfc bank.ii.it is a critical part of niit’s talent pipeline as a service (tpaas) initiative which aims to recruit and train customer service professionals for hdfc bank.”

On 29 july 2024 the sebi unveiled an ai-based chatbot called seva sebis virtual assistant to assist investors in accessing information and responses on various processes the chatbot currently provides answers regarding the securities market master circulars and grievance redressal procedures with plans for expansion based

” The united nations (un) world day against trafficking in persons is annually observed across the globe on july 30 to raise awareness about the situation of human trafficking victims and to promote and protect their rights.i.2024 marks the 10th anniversary of world day against trafficking in persons and it is crucial to address the shortcomings and accelerate action to #endhumantrafficking.ii.the 2024 theme of world day against trafficking in persons is ‘leave no child behind in the fight against human trafficking’.ii.the first-ever world day against trafficking in persons was observed on july 30, 2014.”

” Sri lankan women’s cricket team captained by chamari athapaththu won their first women’s twenty20 (t20) asia cup title by defeating the indian women’s cricket team captained by harmanpreet kaur, by 8 wickets in the finals of the women’s t20 asia cup 2024 held at the rangiri dambulla international stadium in dambulla, sri lanka. this marks the first title of sri lanka women’s t20 asia cup 2024, the 9th edition of the tournament, was held from 19th to 28th july 2024 in dambulla, sri lanka. the tournament winners will get a prize of usd 20000 (rs.16.48 lakhs) while the runners-up will get a prize of usd 12,500 (rs.10.30 lakhs).click here to read more”

” The national council of applied economic research (ncaer) in its monthly economic review (mer) july 2024 report released on 29th july 2024, projected that india’s gross domestic product (gdp) is likely to grow in the range of  7% to 7.5% in fy25 (2024-25). this projection is based on a normal monsoon and the momentum in high frequency indicators such as: bank credit growth as key factors amid signs of receding global shocks. as per economic survey 2023-24, india’s real gdp increased by 8.2% in fy24 (2023-24). this growth is mainly driven by stable consumption demand and gradual improvement in investment demand. the ncaer-national stock exchange (nse), business confidence index (bci) increased from 138.2 in the 4th quarter (q4) of fy24 to 149.8 in the 1st quarter (q1) of fy25. the consumer price index (cpi) headline inflation or retail inflation increased from 4.8% in may 2024 to 5.1% in june 2024.”

” On 29th july 2024, the ministry of education (moe), government of india (goi) celebrated the 4th anniversary of the national education policy (nep) 2020 with week-long campaign “shiksha saptah” from july 22-28, 2024, along with akhil bharitya shiksha samagam (abss) 2024 at manekshaw centre auditorium in new delhi, delhi.i.the campaign has 7 different themes for 7 days in order to celebrate the 4th anniversary of nep 2020ii.as part of the campaign, the dosel has outlined various activities for schools. under this campaign, schools will enroll themselves to the vidyanjaliiii.abss 2024 was conceptualized to celebrate the adoption of nep 2020 to stimulate the commitment of various stakeholders for it effective implementation and to support the collective strength for achievement of shared goals through collaborative efforts.click here to read more”

” Icici lombard general insurance company limited (icil), mumbai(maharashtra) has announced a strategic bancassurance partnership with karnataka bank limited (kbl) to offer icici lombard’s insurance products to karnataka bank customers.i.the icici lombard’s insurance products will now be available across karnataka bank’s 915 branches, reaching over 13 million customers nationwide.ii.it is designed to provide long-term financial security, underscoring both entities’ commitment to excellence through innovation and reliability.”