Daily Current Affairs Quiz 5th June 2024

Noteshalla tomasdottir has been elected as iceland’s seventh president and will take office on august 1 2024 after guana johannesson succeeds tomasdottir the presidential election held on 1 june 2024 saw tomasdottir win

The esa and the nasa have teamed up to create a standardized lunar time system for the artemis program which aims to return humans to the moon this initiative addresses the need for unified timekeeping to coordinate international and private lunar missions

Notes circle-based research organization isro developed pravaha a computational fluid dynamics cfd software at the vikram sarabhai space centre parallel rans solver for aerospace vehicle aero-thermo-dynamic analysis pravaha simulates airflow for

A ministerial meeting of the us-led indo-pacific economic framework is convening in singapore the gathering includes major firms participating in a clean economy investor forum aimed at enhancing infrastructure and climate investments

” Notes:the department of school education and the national book trust signed an mou in new delhi to create the rashtriya e-pustakalaya, a 24/7 digital library platform. secretary k. sanjay murthy highlighted its potential to enhance book accessibility and address library reach issues in many states. he anticipates that in 2-3 years, the platform will feature over 10,000 books in more than 100 languages.”

” The reserve bank of india’s (rbi) annual report 2023-24 has been released and presented to the central government under the section 53 (2) of the reserve bank of india act,1934.• rbi in its annual report has showed that the indian economy is likely to grow at 7 percent for 2024-25. this will be the third successive year of 7 per cent or above growth.• the rbi annual report indicated a 17% increase in fy24 income to rs 2,75,572.32 crore.expenditure on the other hand, declined by 56.3% to rs.64,694.33 crore from ₹1,48,037.04 crore in fy2023.• rbi’s annual report showed a rise in the net income of 2.11 lakh crore (17 percent) in the financial year 2024 as compared to rs 87,420 crore in fy23.• rbi allowed persons resident outside india (prois) to open rupee accounts as part of its 2024-25 agenda for globalising the domestic currency. this will allow indian banks to lend in rupees to the prois. click here to read more”

” Life insurance corporation of india (lic) of india has increased its stake in an agrochemical firm pi industries limited from 4.95% (75,19,910) to 5.00% (75,91,910)equity shares of the paid capital.• the investment holding was increased with a share price at rs 3,551.15 per share.• the lic was trading at rs. 1012.70 (as of may 31 2024) which is 2.01% higher as compared to the previous closing price of rs. 992.75.”

” Moody’s Ratings’ Global Macro Outlook 2024-25 (May 2024 update) has projected India’s Gross Domestic Product (GDP) to grow by 6.8% in 2024 followed by 6.5% in 2025, attributing to strong economic expansion and post-election policy continuity.• Moody’s anticipates that Indian economy should register 6-7% annual real GDP growth.• India’s real GDP surged to 7.7% in 2023 (up from 6.5% in 2022), driven by robust government capital spending and manufacturing activity.• Despite sporadic food price pressures, inflation eases to 4.8% (headline) and 3.2% (core) in April 2024.”

On 30 may 2024 china successfully launched pakistan’s multi-mission communications satellite named paksat-mm1 using a long march-3b carrier rocket from china’s southwestern province of sichuan paksat-mm1 is a part of pakistan’s national space programme 20

The bfi has parted ways with the suspended international boxing association iba and became a member of world boxing with the aim of reducing the threat to boxing’s olympic future the decision came after the international olympic committee ioc warned the national federation to leave boxing out of

” I.the reserve bank of india (rbi) has moved 100 metric tonnes (mt) or 1 lakh kg of gold stored in the united kingdom (uk) to domestic vaults in fy24, which marks a significant shift in gold storage.• it marks the first time since 1991 that india has moved such a heavy scale of gold.• more than half of the rbi’s gold holdings are kept in safe custody with the bank of international settlements (bis) and the bank of england (boe).• india’s overall gold holdings increased 27.46 mt in fy24 and it stands at 822.1 mt of which 413.8 tonnes stored overseas as of march 2024.ii.thereserve bank of india (rbi) has imposed a monetary penalty of rs 88.70 lakh on sbm bank (india), a subsidiary of the state bank of mauritius (sbm) for non-compliance with certain regulatory norms.”

” Jio financial services, the financial services arm of reliance industries limited (ril), launched its jiofinance app in beta mode, to offer a cutting-edge platform for daily finances and digital banking. this app integrates digital banking, unified payments interface (upi) transactions, bill settlements, and insurance advisory.• it also offers a consolidated view of accounts and savings, all within an intuitive and user-friendly interface.”

” India has successfully hosted the 46th antarctic treaty consultative meeting (atcm-46) and the 26th committee on environmental protection (cep-26) from 20th to 30th may 2024 in kochi, kerala.• atcm-46 was held under the theme “vasudhaiva kutumbakam” (a sanskrit phrase which means ‘one earth, one family, one future’).• cep-26 focused on a wide range of challenges and contributed to implementing the environmental protocol in antarctica.• atcm-46 and cep-26 were hosted by the ministry of earth sciences(moes), government of india, through the national centre for polar and ocean research (ncpor), goa, with support from the antarctic treaty secretariat.• during the event, a customised “mystamp” featuring the logo of atcm-46 was released in collaboration with india post.• during the event, union minister kiren rijiju announced india’s plan to set up an antarctic research station, maitri-ii.click here to read more”

” Adani international ports holdings private limited (aiph) has signed a 30-year concession agreement with the tanzania ports authority (tpa) to operate and manage container terminal 2 (ct2) at dar es salaam port, tanzania.• dar es salaam port is a gateway port with a well connected network of roadways and railways.• with four berths, the ct2 can handle 1 million twenty-foot equivalent unit (teu) of cargo annually and it handled 0.82 million teu of containers in 2023, estimated to be 83% of tanzania’s total container volumes.”

The un’s global day of parents 2024 was observed across the globe on 1st june to honor and appreciate all parents throughout the world for their selfless commitment to children and acknowledge their lifelong sacrifice in nurturing their relationship the theme of the global day of parents 2024 is the promise of playful