Daily Current Affairs Quiz 31st July 2024

” Notes:the defence acquisition council (dac) approved amendments to a deal for 31 mq-9b high altitude long endurance uavs from general atomics. the dac, the highest defense procurement body, ensures timely and efficient acquisition of military capabilities. formed post-kargil war in 2001, it is chaired by the defense minister and includes the chief of defence staff and chiefs of the army, navy, and air force.”

Notes sixteen-year-old jiya rai from mumbai became the youngest and fastest para-swimmer to cross the english channel swimming 34 kilometers in 17 hours and 25 minutes on 28-29 july 2024 jiya has autism spectrum disorder and is the daughter of an indian navy personnel

” Notes:the department of atomic energy (dae) launched the one dae one subscription (odos) initiative, providing access to thousands of research papers and journals for scientists, engineers, and students. this effort unifies dae’s 60 units under one subscription, securing access to over 4,000 journals from wiley and springer nature. the initiative, part of the government’s one nation one subscription (onos) plan, aims to accelerate research and innovation in india.”

” Notes:union minister for environment, forest and climate change bhupender yadav launched the ideas4life initiative at iit delhi to invite innovative ideas promoting environmentally friendly lifestyles. the ideas4life portal will collect ideas on themes like saving water and reducing waste. supported by institutions like ugc and unicef, the initiative aims to foster a global movement for environmental sustainability.”

” Notes:at an international medical meet, union minister dr. jitendra singh received the “lifetime achievement award” for his contributions to diabetology, diabetes care, and research. he was also honored as the lifetime patron of rssdi, india’s largest diabetologists’ association.”

” On 26th july 2024, the reserve bank of india (rbi) introduced new prompt corrective action (pca) framework for urban co-operative banks (ucbs). its provisions will be effective from 1st april 2025.·   this will replace the supervisory action framework (saf), which had been in place since 6th january 2020.·   the framework is largely principle-based with fewer number of parameters as compared to the saf, without any dilution in the supervisory rigour.·   as per new framework , capital, asset quality and profitability will be the key areas for monitoring the financial health of the ucbs.click here to read more”

” The central reserve police force (crpf) foundation day, also known as crpf raising day, is annually observed across india on 27 july to commemorate the establishment of the crpf, india’s largest central armed police force (capf) in 1939. crpf operates under the ministry of home affairs (mha), government of india (goi).·   27 july 2024 marks the observance of the 86th foundation day of the crpf.the crpf is one of the oldest and largest para-military forces (now termed capf), specially designated to maintain internal security, counter-insurgency operations, anti-naxal operations, and assist states in law and order duties.click here to read more”

” EQT Private Capital Asia (formerly Baring Private Equity Asia BPEA EQT), a Swedish private equity firm, exited RBL Bank, one of India’s leading private-sector banks, by selling its entire 7.89% stake, amounting to 4.78 crore shares in the RBL Bank, through its entity Maple II BV.·   This transaction was conducted through an open market deal worth Rs 1,091.15 crore on the BSE Limited (formerly Bombay Stock Exchange) and the shares were sold at an average price of Rs 228.08 per share.·   Morgan Stanley Asia Singapore Pte and Societe Generale acquired (shares worth 285.12 crore and 161.74 crore, respectively), a combined 3.23% stake in the RBL Bank.”

” Union minister sarbananda sonowal, ministry of ports, shipping, and waterways (mopsw) approves the jawaharlal nehru port authority’s (jnpa) project of ‘development of export-import cum domestic agricultural commodity-based processing and storage facility’ at jnpa in mumbai (maharashtra) on a public private partnership (ppp) mode.·   this all-in-one agricultural facility worth rs. 284.19 crore, is india’s 1st integrated agri-export facility, aiming to boost india’s agricultural export and import capabilities.·   it spans 67,422 square meters(m2) and will address logistics inefficiencies and extend the shelf life of agricultural products. the prominent exports of this facility include non-basmati rice, maize, spices, onion, and wheat.”

” On july 25, 2024, rajendra singh, member and head of department (hod) of the national disaster management authority (ndma), took over as the chair of the asian disaster preparedness centre (adpc) from china for the year 2024-25 in bangkok, thailand.·   as a chair, he will represent the government of india (goi).·   established in 1986, adpc is an international organization on disaster risk reduction and climate resilience in asia and the pacific region.·   it is headquartered in bangkok, thailand and has country offices in bangladesh, lao pdr and myanmar.”

” Covrzy, a bengaluru (karnataka)-based insurance technology (insurtech) startup has obtained a direct broking (general) licence from the insurance regulatory and development authority of india (irdai), hyderabad, telangana.i.this licence enables covrzy to operate as a direct insurance broker in india, to offer comprehensive business insurance solutions.ii.an insurance broker is a person registered by the authority as a direct broker, reinsurance broker, or composite broker.iii.there are 5 categories of insurance brokers:·   direct broker (life);·   direct broker (general);·   direct broker (life & general);·   reinsurance broker; and·   composite broker”

” Droupadi murmu, president of india, has renamed the durbar hall and ashok hall of the rashtrapati bhavan as ‘ganatantra mandap’ (republic hall) and ‘ashok mandap’ respectively. it is the venue of vital celebrations and ceremonies such as the presentation of national awards. the concept of ‘ganatantra’ is deeply rooted in indian society since ancient times, making ‘ganatantra mandap’ an appropriate name for the venue. the word ‘ashok’ implies someone who is free from all sufferings and it refers to emperor ashok, a symbol of unity and peaceful co-existence”

” A high-level committee (hlc) chaired by union home minister amit shah has approved a number of disaster mitigation and capacity building projects for various states across india.i.the hlc considered a total of nine proposals for funding from national disaster response fund (ndrf) and national disaster mitigation fund (ndmf).ii.this initiative aims to prevent urban flooding in six cities, to mitigate glacial lake outburst flood (glof) in 4 hill states and to strengthen fire services in 3 states.iii.it also considered a proposal to implement yuva aapda mitra scheme (yams) in all the 28 states .iv.the committee also approved the proposal for yams at an outlay of rs 470.50 crore from ndrf.”

” On july 26 2024, the government announced the extension of the duration of electric mobility promotion scheme (emps) 2024 by two months till september 30th 2024 with an enhancement outlay of rs. 778 crores.launch: the emps 2024 was launched by the ministry of heavy industries (mhi) on march 13, 2024.duration: it was initially scheduled to run from april 1, 2024 to july 31, 2024, with a total outlay of rs.500 crores.aim: to promote the growth of the electric vehicles (evs) manufacturing industry and the government’s green policies in india.”

” On 25th july 2024, union minister ashwini vaishnaw, ministry of information and broadcasting (moi&b), government of india (goi) inaugurated india’s 500th community radio station “apna radio 90.0 fm” at indian institute of mass communication (iimc) in aizwal, mizoram.i.while addressing the event, ashwini vaishnaw announces winners of 10th national community radio awards.ii.the awards were given in 4 main categories namely, thematic award, most innovative community engagement award, promoting local culture award and sustainability award.iii.the recipients of each category receives 1st, 2nd and 3rd prize of rs 1 lakh, rs 75,000 and rs 50,000 respectively.click here to read more”