Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 24th & 25th July 2024. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2024 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) Which company will build a $1 billion corpus for "financing mitigation and adaptation projects" (FMAP) of medium-sized and small enterprises (MSMEs) after receiving clearance for funding of $215,65.6 million from the Green Climate Fund?

(a) SEBI

(b) SIDBI

(c) NABARD

(d) RBI

(e) CCI

2) Which payment business with its headquarters in Bengaluru has been granted permission by the Reserve Bank of India (RBI) to function as a Payment Aggregator-Cross Border (PA-CB)?

(a) Slice

(b) Koshex

(c) FamPay

(d) Cashfree

(e) PayU

3) The Economic Survey 2024 shows India's significant growth in defence production and exports. India's defence production increased from Rs 74,054 crore in FY17 to __________ in FY23.

(a) Rs 108,684 crore

(b) Rs 104,684 crore

(c) Rs 106,684 crore

(d) Rs 105,684 crore

(e) Rs 109,684 crore

4) As per the report, the UNESCO is reviewing Stonehenge (UK) and Lumbini (Nepal) for heritage conservation. The World Heritage Committee (WHC) is now holding its 46th session in Bharat Mandapam in India from July 21 to July 31 for the ______th time.

(a) Second

(b) First

(c) Third

(d) Fourth

(e) Fifth

5) The Economic Survey recommends using the digital platform "Agri Stack" to better tailor fertilizer applications and utilize which technology to pay farmers directly for subsidies?

(a) IPPB

(b) IppoPay

(c) PayU

(d) e-Rupi

(e) e-Cash

6) In an effort to get vital resources for energy transition technologies, India is getting ready to submit applications for permits to explore deep-sea minerals in the Pacific Ocean. India's focus will be on the mineral-rich Clarion-Clipperton Zone, which is located in the Pacific Ocean between Hawaii and which nation?

(a) Greece

(b) Mexico

(c) Tulum

(d) Iraq

(e) Russia

7) India's global ranking for mobile broadband speed increased from _______ to 15 as of March 2024 after the introduction of 5G services.

(a) 115

(b) 112

(c) 114

(d) 118

(e) 120

8) How many MegaWatt hydroelectric power project in Nepal has the Indian Renewable Energy Development Agency Limited (IREDA) announced as the target of a strategic investment?

(a) 800MW

(b) 700MW

(c) 600MW

(d) 900MW

(e) 1000MW

9) Which state's chief minister introduced the 'Shramik Basera' program to offer around 15,000 construction workers temporary housing at a cheap cost of Rs 5 per day?

(a)Haryana

(b) Gujarat

(c) Odisha

(d) Kerala

(e) Madhya Pradesh

10) How many State Parties have representatives chosen by the UNESCO General Assembly to serve on the WHC?

(a) 20

(b) 21

(c) 22

(d) 23

(e) 24

11) The "Rajiv Gandhi Civils Abhayahastam" initiative was introduced by Telangana Chief Minister A. Revanth Reddy. How much financial aid does the initiative offer candidates for civil services who make it through the UPSC Mains exam?

(a) Rs.50000

(b) Rs.75000

(c) Rs.100000

(d) Rs.150000

(e) Rs.20000

12) Which bank has authorized Krishnan Venkat Subramanian (KVS Manian) to take over as its next Managing Director and Chief Executive Officer (MD & CEO) for a period of three years, with approval from the Reserve Bank of India (RBI)?

(a) DBS bank

(b) Federal bank

(c) South Indian bank

(d) RBL bank

(e) IndusInd bank

13) Saloma Yomdo has joined Oil India Limited (OIL) as Director (Exploration & Development). Where is OIL's headquarters?

(a) Haryana

(b) Gujarat

(c) Assam

(d) Kerala

(e) Madhya Pradesh

14) The Olympic Order has been given to Abhinav Bindra, the first Indian to win an individual gold medal at the Olympics, in appreciation of his outstanding contributions to the Olympic cause. When did IOC first come into existence?

(a) 1972

(b) 1973

(c) 1974

(d) 1975

(e) 1978

15) In the Euromoney Awards for Excellence 2024, HSBC has been crowned the World's Best Bank in three different categories: Sustainable Finance, Payments and Treasury, and Public-Sector Clients. What was the total number of categories that HSBC won this year?

(a) 31

(b) 32

(c) 33

(d) 34

(e) 35

16) LeBron James, the superstar of the Los Angeles Lakers, has been chosen to represent Team USA as the male flagbearer during the opening ceremony of the Olympic Games. James is going to compete in the Paris Olympic Games as ________________.

(a) 2nd

(b) 3rd

(c) 5th

(d) 4th

(e) 6th

17) How many people are on the committee that the International Cricket Council (ICC) has formed to "review the delivery" of the Twenty20 World Cup 2024, which the USA and the West Indies co-hosted last month?

(a) 2

(b) 3

(c) 4

(d) 5

(e) 6

18) With his dramatic triumph at the Barracuda Championship in 2024, Nick Dunlap created history once more. Since which year did he become the first player to win twice in his first campaign?

(a) 2014

(b) 2015

(c) 2016

(d) 2017

(e) 2018

19) India celebrates National Flag Adoption Day on ___________ annually to commemorate the adoption of the tricolor flag and the Ashoka Chakra, which stand for the nation's sovereignty, independence, and togetherness.

(a) July 21

(b) July 24

(c) July 22

(d) July 23

(e) July 25

20) Every year on July 24, India celebrates National Income Tax Day, also known as Rashtriya Aaykar Divas, a noteworthy occasion. Which year did Sir James Wilson draft India's first income tax act?

(a) 1870

(b) 1860

(c) 1850

(d) 1880

(e) 1890

21) The Fusion Microfinance Limited Fusion Finance Limited is the new name. Which year was the firm first formed under the name Ambience Fincap Pvt Ltd (AFPL)?

(a) 1992

(b) 1994

(c) 1993

(d) 1995

(e) 1999

22) Which bank has hired Grant Thornton Bharat to serve as its outside IT auditor?

(a) Kotak Mahindra bank

(b) Federal bank

(c) South Indian bank

(d) RBL bank

(e) IndusInd bank

23) In an effort to improve the banking experience for its customers, Bank of Baroda (BoB) has introduced a number of innovative digital and technological offerings. Which state was the first to establish the Pilot
Location?

(a) Haryana

(b) Gujarat

(c) Odisha

(d) Kerala

(e) Madhya Pradesh

24) The Namo Drone Didi program was unveiled by Finance Minister Nirmala Sitharaman, who also declared that the Union Budget 2024 will provide significant funding for natural farming. What was the amount of the scheme's allocation fund?

(a) Rs.100crore

(b) Rs.200crore

(c) Rs.300crore

(d) Rs.400crore

(e) Rs.500crore

25) The Union Budget, unveiled by Finance Minister Nirmala Sitharaman, scheduled to digitize urban land records by when and give unique identity numbers, or "Bhu-Aadhaar," to every land parcel in rural areas?

(a) 2028

(b) 2027

(c) 2025

(d) 2028

(e) 2030

26) Under the Pradhan Mantri Awas Yojana (Urban) 2.0, the government has restored the interest subsidy. How much money has been set aside for the Credit Linked Subsidy Scheme (CLSS)?

(a) Rs.1000crore

(b) Rs.2000crore

(c) Rs.3000crore

(d) Rs.4000crore

(e) Rs.5000crore

27) The government's flagship initiative, Khelo India, was created to encourage sports at the local level. Out of the ₹3,442.32 crore total budget that Finance Minister Nirmala Sitharaman revealed on July 23, how many crores was this project allotted?

(a) Rs.600crore

(b) Rs.700crore

(c) Rs.900crore

(d) Rs.800crore

(e) Rs.500crore

28) Israel intends to launch an e-visa service for Indian tourists, which might begin later this year. What percentage of Indian visitors to Israel come for pilgrimage?

(a) 45%

(b) 47%

(c) 48%

(d) 49%

(e) 43%

29) Ivory Coast became the 53rd party to the 1992 Convention on the Protection and Use of Transboundary Watercourses and International Lakes when it ratified the UN Water Convention. The _____ country in Africa to ratify the Convention is Ivory Coast.

(a) 2nd

(b) 3rd

(c) 5th

(d) 8th

(e) 10th

30) Which Ministry's Kristen Michal had been approved by the Estonian parliament to become the next prime minister (PM) of the Baltic nation?

(a) Education

(b) Defence

(c) Climate

(d) Agriculture

(e) External

31) Which company represents Team India's primary sponsor, according to the Indian Olympic Association (IOA)?

(a) HPCL

(b) BPCL

(c) OIL

(d) IOL

(e) ONGC

32) WIPO and AIM Work Together to Promote IP and Innovation in the Global South. India remained at __________ among 132 economies in 2023 according to the WIPO's annual Global Index of Economies.

(a) 38th

(b) 37th

(c) 39th

(d) 40th

(e) 42nd

33) In terms of the increase of its forest area, India ranks third in the world, according to the Food and Agriculture Organization (FAO). Which nation is ranked first on the list?

(a) USA

(b) China

(c) Japan

(d) South Korea

(e) Australia

34) Which sport has Indian PR Sreejesh said that his final appearance with the senior national squad will be in the 2024 Olympics in Paris?

(a) Hockey

(b) Football

(c) Volleyball

(d) Tennis

(e) Athletic

35) In women's T20I cricket, Harmanpreet Kaur overtakes Smriti Mandhana as the leading run scorer for India. At which nation's Women's Asia Cup T20 encounter, India reached a milestone?

(a) New Zealand

(b) UAE

(c) Australia

(d) Srilanka

(e) West Indies

36) Which author, together with Harish Bhat, co-wrote the book "The Vision of Jamsetji Tata," which weaves a fascinating story about the founding of some of India's most cherished companies, including Tata Tea, Tata Motors, Titan, and Tanishq, via anecdotes and real-life stories?

(a) D.Ganesh Kumar

(b) R.GopalaKrishnan

(c) S.Harsh Vardhan

(d) V.Srinivasan Nair

(e) K.Chandrasekhar

37) The Apophis asteroid will be studied by the European Space Agency (ESA) during its near encounter with Earth in 2029. On April 13, 2029, Apophis will travel through how many kilometers from Earth's surface?

(a) 31000km

(b) 30000km

(c) 35000km

(d) 32000km

(e) 36000km

38) Former PGA Tour champion and golf announcer Mark Carnevale passes suddenly at the age of 64. When did he take over as director of the Virginia Beach Open tournament for the Nationwide Tour?

(a) 2001

(b) 2002

(c) 2003

(d) 2005

(e) 2004

39) Notable organic farmer and recipient of the Padma Shri Kamala Pujari went away in Cuttack, Odisha, at the age of 74. When did the Odisha government present her the Best Farmer Award?

(a) 2001

(b) 2002

(c) 2003

(d) 2005

(e) 2004

40) How many sites are now listed as "World Heritage in Danger" by UNESCO?

(a) 52

(b) 54

(c) 56

(d) 58

(e) 55

Answers :

1) Answer: B

Short Explanation:

The Small Industries Development Bank of India (SIDBI), which received approval of funding of $ 215.6 m from the Green Climate Fund, will create a corpus of $1 billion for ‘financing mitigation and adaptation projects’ (FMAP) of Medium and Small Enterprises (MSMEs).

The board of the Green Climate Fund, which is an entity set up by the United Nations Framework Convention on Climate Change (UNFCCC), approved a $200 million loan and $15.6 million grant for capacity building to SIDBI.

Detailed Explanation:

The Small Industries Development Bank of India (SIDBI), which received approval of funding of $ 215.6 m from the Green Climate Fund, will create a corpus of $1 billion for ‘financing mitigation and adaptation projects’ (FMAP) of Medium and Small Enterprises (MSMEs).

The board of the Green Climate Fund, which is an entity set up by the United Nations Framework Convention on Climate Change (UNFCCC), approved a $200 million loan and $15.6 million grant for capacity building to SIDBI.

Funding Structure:SIDBI will add another $800 million to this fund, sourced from its balance sheet and market raising.

Overview : GCF is described as “the world’s largest dedicated climate fund.”

It is an operating entity of the financial mechanism of the UNFCCC.

Recent Approvals:The SIDBI loan is part of a broader approval of $1 billion for 17 projects across 35 developing countries.

2) Answer: D

Short Explanation:

Cashfree Payments, a Bengaluru-based company, has received approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator-Cross Border (PA-CB)

License Type:Cashfree Payments is one of the first non-banks to receive this PA-CB license. It has been approved as a PA-CB in the Export and Import (PA-CB-E&I) category.

Non-banks must have a minimum net worth of Rs 15 crore at the time of application.

Detailed Explanation:

Cashfree Payments, a Bengaluru-based company, has received approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator-Cross Border (PA-CB).

License Type:Cashfree Payments is one of the first non-banks to receive this PA-CB license. It has been approved as a PA-CB in the Export and Import (PA-CB-E&I) category.

Functions of PA-CB:PA-CBs facilitate cross-border payment transactions for the import and export of permissible goods and services in an online mode.

Categories of PA-CBs:The RBI categorizes PA-CBs into three types:

Export only PA-CB (PA-CB-E)

Import only PA-CB (PA-CB-I)

Export and Import PA-CB (PA-CB-E&I)

Net Worth Requirements:As per the RBI’s circular issued in October 2023:

Non-banks must have a minimum net worth of Rs 15 crore at the time of application.

This must increase to Rs 25 crore by March 31, 2026.

New non-banks must achieve a minimum net worth of Rs 25 crore by the end of the third financial year after receiving authorization.

3) Answer: A

Short Explanation:

India has significantly transformed its defence sector, moving from being a major arms importer to joining the list of the top 25 arms-exporting nations.

The Economic Survey 2024 highlights this substantial progress, showcasing India's growing capabilities in defence production and exports.

Substantial Increase: India's defence production has grown from Rs 74,054 crore in FY17 to Rs 108,684 crore in FY23.

Detailed Explanation:

India has significantly transformed its defence sector, moving from being a major arms importer to joining the list of the top 25 arms-exporting nations.

The Economic Survey 2024 highlights this substantial progress, showcasing India's growing capabilities in defence production and exports.

Substantial Increase: India's defence production has grown from Rs 74,054 crore in FY17 to Rs 108,684 crore in FY23.

Former Importer: Between 2015 and 2019, India was the world's second-largest arms importer.

Increase in Export Authorisations: Export authorisations rose from 1,414 in FY23 to 1,507 in FY24, facilitating more exports.

Products and Equipment: Approximately 100 domestic companies export a wide range of defence products, including:

Aircraft: Dornier-228

Artillery Guns: Advanced Towed Artillery Guns

Missiles: Brahmos Missiles, Akash Missile System

Rockets: PINAKA Rockets & Launchers

Vehicles: Mine Protected Vehicles, Armoured Vehicles

Other: Radars, Simulators, Ammunitions, Thermal Imagers, Body Armours, Systems, Line Replaceable Units, and Parts & Components of Avionics and Small Arms.

4) Answer: B

Short Explanation:

The 46th session of the World Heritage Committee (WHC) is currently being held in India for the first time, from July 21 to July 31 at Bharat Mandapam.

During this session, the Committee will examine Nepal's Lumbini and the UK's Stonehenge, both UNESCO heritage properties, due to issues that could affect the values of these iconic landmarks.

Detailed Explanation:

The 46th session of the World Heritage Committee (WHC) is currently being held in India for the first time, from July 21 to July 31 at Bharat Mandapam.

During this session, the Committee will examine Nepal's Lumbini and the UK's Stonehenge, both UNESCO heritage properties, due to issues that could affect the values of these iconic landmarks.

Lazare Eloundou Assomo, Director of UNESCO World Heritage, mentioned that Lumbini and Stonehenge are under examination because of potential threats that could affect their heritage values.

These sites, although on the World Heritage List, are not currently on the List of World Heritage in Danger.

Three sites in Ukraine, among others, are being discussed for their conservation status.

Lumbini was inscribed on the UNESCO World Heritage List in 1997.

Stonehenge, along with Avebury and associated sites, was inscribed in 1986. These sites are among the most famous groups of megaliths in the world.

Current List: There are 56 properties currently on the List of World Heritage in Danger.

Examples of Sites:

Cultural Landscape and Archaeological Remains of the Bamiyan Valley in Afghanistan.

Historic Centre of Vienna in Austria.

Archaeological Site of Cyrene in Libya.

Three sites in Ukraine:

Saint-Sophia Cathedral and Related Monastic Buildings, Kyiv-Pechersk Lavra in Kyiv.

The Ensemble of the Historic Centre in L'viv.

The Historic Centre of Odesa.

5) Answer: D

Short Explanation:

The Economic Survey has called for significant reforms in India's fertiliser administration system, pointing out that similar reforms have been successfully implemented in various countries.

Standard Norms for Fertiliser Requirement

Calculation: Fertiliser requirements should be calculated based on standard norms, with the quantity of subsidised fertiliser fixed according to land records.

E-RUPI Integration: Utilize E-RUPI for direct subsidy payments to farmers. This seamless payment mechanism ensures that subsidies are used only through registered PoS devices at authorised outlets.

Detailed Explanation:

The Economic Survey has called for significant reforms in India's fertiliser administration system, pointing out that similar reforms have been successfully implemented in various countries.

Standard Norms for Fertiliser Requirement

Calculation: Fertiliser requirements should be calculated based on standard norms, with the quantity of subsidised fertiliser fixed according to land records.

Targeting Genuine Farmers: Subsidised fertiliser should be sold only to genuine farmers or their representatives to ensure proper distribution.

Integration with Agri Stack

Agri Stack Utilisation: Use the well-developed Agri Stack to target fertiliser subsidies more effectively, ensuring they are distributed to verified farmers based on land ownership and prominent crops.

Seamless Payment System

E-RUPI Integration: Utilize E-RUPI for direct subsidy payments to farmers. This seamless payment mechanism ensures that subsidies are used only through registered PoS devices at authorised outlets.

Unused Subsidy: Allow unused subsidy to be converted into a small savings instrument at a post office or used for purchasing other agricultural inputs like seeds and pesticides.

6) Answer: B

Short Explanation:

India is preparing to apply for licenses to explore deep-sea minerals in the Pacific Ocean, aiming to secure critical resources for energy transition technologies.

This move highlights India's strategic effort to diversify its mineral supply sources amid growing global competition.

Target Area: India will focus on the Clarion-Clipperton Zone, a mineral-rich area in the Pacific Ocean between Hawaii and Mexico. This zone is known for its large volumes of polymetallic nodules containing manganese, nickel, copper, and cobalt.

Detailed Explanation:

India is preparing to apply for licenses to explore deep-sea minerals in the Pacific Ocean, aiming to secure critical resources for energy transition technologies.

This move highlights India's strategic effort to diversify its mineral supply sources amid growing global competition.

Exploration Licenses and Regulatory Context

Current Status: The International Seabed Authority (ISA), a UN-backed body, has issued 31 deep-sea exploration licenses, including two for India in the Indian Ocean. However, mining has not yet commenced as the ISA is finalizing regulations.

Ongoing Discussions: The ISA council is meeting in Jamaica to negotiate the latest draft of a mining code, which will govern deep-sea mining activities.

India's Exploration Plans

Target Area: India will focus on the Clarion-Clipperton Zone, a mineral-rich area in the Pacific Ocean between Hawaii and Mexico. This zone is known for its large volumes of polymetallic nodules containing manganese, nickel, copper, and cobalt.

Timeline: India plans to apply for exploration licenses next year but will need at least three to four years to develop the necessary expertise and technology for deep-sea mining.

7) Answer: D

Short Explanation:

International Ranking: Post the launch of 5G services, India's international rank for mobile broadband speed has surged from 118 to 15 as of March 2024.

Infrastructure: As of June 2024, India has 8.02 lakh mobile towers, 29.37 lakh Base Transceiver Stations (BTSs), and 4.5 lakh 5G BTSs.

Patient Capital: Recognizing the need for substantial investment in research, development, and commercialization, the government has allocated 5% of annual collections from the Universal Services Obligation Fund (USOF) for telecom R&D.

Detailed Explanation:

International Ranking: Post the launch of 5G services, India's international rank for mobile broadband speed has surged from 118 to 15 as of March 2024.

Infrastructure: As of June 2024, India has 8.02 lakh mobile towers, 29.37 lakh Base Transceiver Stations (BTSs), and 4.5 lakh 5G BTSs.

Patient Capital: Recognizing the need for substantial investment in research, development, and commercialization, the government has allocated 5% of annual collections from the Universal Services Obligation Fund (USOF) for telecom R&D.

Telecom Technology Development Fund: Formulated in 2022, this fund has seen significant participation from start-ups, MSMEs, academia, and industry.

BharatNet Programme: Amended to provide broadband connectivity to all Gram Panchayats.

Optical Fibre Cable (OFC): As of March 31, 2024, 6,83,175 kilometres of OFC has been laid, connecting 2,06,709 Gram Panchayats in BharatNet phases I and II.

8) Answer: D

Short Explanation:

The Indian Renewable Energy Development Agency Limited (IREDA) has announced a strategic investment in a 900 MegaWatt (MW) hydroelectric power project in Nepal.

Investment Details:The investment amounts to approximately Rs 290 Crore.

Detailed Explanation:

The Indian Renewable Energy Development Agency Limited (IREDA) has announced a strategic investment in a 900 MegaWatt (MW) hydroelectric power project in Nepal.

Investment Details:The investment amounts to approximately Rs 290 Crore.

IREDA will secure up to a 10% shareholding in GMR Upper Karnali Hydro Power Limited and Karnali Transmission Company Pvt. Ltd., both based in Nepal.

Project Partners:The investment is in partnership with SJVN Limited.

The main shareholders currently include GMR and the Nepal Electricity Authority, Government of Nepal.

Project Contingency:The advancement of the project is contingent upon approvals from the Government of India and other regulatory bodies.

9) Answer: B

Short Explanation:

Gujarat Chief Minister Bhupendra Patellaunched a scheme named 'Shramik Basera'to provide temporary accommodation to nearly 15,000 construction workers at a nominal rate of Rs 5 per day.

The scheme is expected to benefit about 3 lakh construction workers.

The total cost of the project is ₹1,500 crore.

Detailed Explanation:

Gujarat Chief Minister Bhupendra Patellaunched a scheme named 'Shramik Basera'to provide temporary accommodation to nearly 15,000 construction workers at a nominal rate of Rs 5 per day.

The scheme aims to bring a "qualitative change" in the standard of living of workers from the unorganised sector and construction workers by providing food, health, housing, and financial support.

The CM performed the ground-breaking ceremony for 17 dwelling structures in Ahmedabad, Gandhinagar, Vadodara, and Rajkot.

The scheme is expected to benefit about 3 lakh construction workers.

The total cost of the project is ₹1,500 crore.

10) Answer: B

The WHC comprises representatives from 21 State Parties elected by the General Assembly of UNESCO.

Current members include India, Argentina, Belgium, Italy, Ukraine, and Vietnam.

As of now, 1,199 properties from 168 State Parties are inscribed on the World Heritage List.

11) Answer: C

Short Explanation:

Telangana Chief Minister A. Revanth Reddy launched the "Rajiv Gandhi Civils Abhayahastam" scheme.

The scheme provides financial assistance of ₹1 lakh to civil services aspirants who qualify for the UPSC Mains exam.

Singareni Collieries Company Limited (SCCL) will provide the assistance as part of its 'Nirmaan' programme.

Detailed Explanation:

Telangana Chief Minister A. Revanth Reddy launched the "Rajiv Gandhi Civils Abhayahastam" scheme.

The scheme provides financial assistance of ₹1 lakh to civil services aspirants who qualify for the UPSC Mains exam.

This is the first time the Telangana government has offered financial support specifically for UPSC Mains preparation.

The scheme aims to support about 400 candidates from Telangana who qualify for the Mains exam annually.

Singareni Collieries Company Limited (SCCL) will provide the assistance as part of its 'Nirmaan' programme.

Beneficiary Categories:Candidates from SC, ST, OBC, women, and economically weaker sections (EWS) in the general category are eligible.

Income Limit:The annual family income should not exceed ₹8 lakh.

Residency Requirement:Applicants must be permanent residents of Telangana.

Employment Status:Candidates employed in permanent positions in central, state, or government sector organizations are innkeligible.

12) Answer: B

Short Explanation:

The Reserve Bank of India (RBI) has approved the appointment of Krishnan Venkat Subramanian (KVS Manian) as the next Managing Director and Chief Executive Officer (MD & CEO) of Federal Bank for three years.

The appointment will be effective from September 23, 2024.

KVS Manian will succeed Shyam Srinivasan, whose term expires on September 22, 2024.

Detailed Explanation:

The Reserve Bank of India (RBI) has approved the appointment of Krishnan Venkat Subramanian (KVS Manian) as the next Managing Director and Chief Executive Officer (MD & CEO) of Federal Bank for three years.

The appointment will be effective from September 23, 2024.

KVS Manian will succeed Shyam Srinivasan, whose term expires on September 22, 2024.

Manian was the Joint Managing Director of Kotak Mahindra Bank until April 30, 2024.

He led corporate banking, commercial banking, private banking, and asset reconstruction businesses.

He played a significant role in upgrading technology and enhancing transaction banking capabilities.

Prior to his role at Kotak Mahindra Bank, Manian worked in the Non-Banking Financial Company (NBFC) sector, specifically at Kotak Mahindra Finance Ltd.

He also has experience in investment banking.

13) Answer: C

Short Explanation:

Saloma Yomdo has assumed the position of Director (Exploration & Development) at Oil India Limited (OIL).

Yomdo joined Oil India Limited in 1994.

Headquarters : Duliajan, Assam

Detailed Explanation:

Saloma Yomdo has assumed the position of Director (Exploration & Development) at Oil India Limited (OIL).

Yomdo joined Oil India Limited in 1994.

Before his current role, he served as Executive Director (Exploration & Development) at OIL, where he managed exploration and development activities both in India and internationally.

He is an active member of the Society of Petroleum Engineers (SPE) and the Association of Petroleum Geologists (APG).

Founded : 18 February 1959

Headquarters : Duliajan, Assam

Chairman & MD : Dr. Ranjit Rath

It is the country's oldest oil and gas company and is recognized as the youngest Maharatna Central Public Sector Enterprise (CPSE) under the Government of India.

14) Answer: D

Short Explanation:

The Olympic Order is the highest award presented by the International Olympic Committee (IOC).

Established in 1975, it is awarded to individuals who have rendered distinguished service to the Olympic Movement.

The award comes in three grades: gold, silver, and bronze, with the gold medal being the most prestigious.

The recipients of the Olympic Order are chosen by the IOC’s Executive Board.

Detailed Explanation:

The Olympic Order is the highest award presented by the International Olympic Committee (IOC).

Established in 1975, it is awarded to individuals who have rendered distinguished service to the Olympic Movement.

The award comes in three grades: gold, silver, and bronze, with the gold medal being the most prestigious.

The recipients of the Olympic Order are chosen by the IOC’s Executive Board.

Olympic Achievements

Olympic Gold Medal: Secured the gold at the 2008 Beijing Olympics in the men's 10-meter air rifle event.

World Championships

World Championships Gold: Won the gold medal at the 2006 World Championships in the 10m air rifle event.

Commonwealth Games

Commonwealth Games Medals:a

Gold in pairs events in 2002, 2006, and 2010.

Individual gold in 2014.

Asian Games

Asian Games Medals:

Silver in the 10m air rifle team event at the 2010 Asian Games.

Bronze in the 10m air rifle team event at the 2014 Asian Games.

Individual bronze in the 10m air rifle event at the 2014 Asian Games.

15) Answer: C

Short Explanation:

HSBC has been named the World’s Best Bank in three categories – Sustainable Finance, Payments and Treasury, and Public-Sector Clients – in the Euromoney Awards for Excellence 2024.

In total, HSBC topped 33 categories in this year’s awards. Notably, HSBC won the Best Bankaward in its two home markets, Hong Kong and the UK.

Detailed Explanation:

HSBC has been named the World’s Best Bank in three categories – Sustainable Finance, Payments and Treasury, and Public-Sector Clients – in the Euromoney Awards for Excellence 2024.

These awards recognize the strength of HSBC's international network and the breadth of its offerings.

In total, HSBC topped 33 categories in this year’s awards. Notably, HSBC won the Best Bankaward in its two home markets, Hong Kong and the UK. Other significant recognitions include:

Asia’s Best Bank

Middle East’s Best Investment Bank

Western Europe’s Best Bank for Transaction Services

World’s Best Bank for Sustainable Finance

World’s Best Bank for Payments and Treasury

World’s Best Bank for Public-Sector Clients

16) Answer: D

Short Explanation:

Los Angeles Lakers superstar LeBron James has been selected as the male flagbearer for Team USA at the Olympic Games opening ceremony.

James, a 39-year-old two-time gold medalist, was nominated by his fellow American Olympians.

His achievements have made him an iconic figure in basketball and sports worldwide.

Detailed Explanation:

Los Angeles Lakers superstar LeBron James has been selected as the male flagbearer for Team USA at the Olympic Games opening ceremony.

James, a 39-year-old two-time gold medalist, was nominated by his fellow American Olympians.

His achiMinistry'shave made him an iconic figure in basketball and sports worldwide.

James will be competing in his fourth Olympic Games in Paris. His Olympic journey includes:

Bronze Medal: Athens 2004

Gold Medals: Beijing 2008, London 2012

This year's opening ceremony will be held on the River Seine, marking the first time in summer Olympic history that the ceremony will take place outside the main stadium.

This historic setting adds to the significance of James's role as flagbearer.

17) Answer: B

Short Explanation:

The International Cricket Council (ICC) has established a three-member committee to "review the delivery" of the T20 World Cup 2024, which was co-hosted by the USA and the West Indies last month.

The review committee comprises:

Roger Twose: Former New Zealand batter

Lawson Naidoo: ICC director

Imran Khwaja: Deputy chair of the ICC

Detailed Explanation:

The International Cricket Council (ICC) has established a three-member committee to "review the delivery" of the T20 World Cup 2024, which was co-hosted by the USA and the West Indies last month.

The review committee comprises:

Roger Twose: Former New Zealand batter

Lawson Naidoo: ICC director

Imran Khwaja: Deputy chair of the ICC

Financial Losses and Operational Challenges

It is reported that the ICC incurred losses exceeding 20 million dollars due to matches held in New York, Florida, and Dallas.

The allocated budget for the US leg of the tournament was approximately 150 million dollars, but expenditures significantly surpassed this amount.

18) Answer: D

Short Explanation:

Nick Dunlap made history for the second time in 2024 with his come-from-behind victory at the Barracuda Championship.

Dual Wins in One Year: Dunlap became the first player in PGA Tour history to win a tournament as both an amateur and a professional in the same year.

Rookie Season Success: He also became the first player to win twice in his rookie season since 2017.

Detailed Explanation:

Nick Dunlap made history for the second time in 2024 with his come-from-behind victory at the Barracuda Championship.

The 20-year-old rookie demonstrated remarkable skill and composure, relying heavily on his Qi10 3-wood, P·7MC irons, and MG4 wedges to secure his win in the Modified Stableford format.

Dual Wins in One Year: Dunlap became the first player in PGA Tour history to win a tournament as both an amateur and a professional in the same year.

Rookie Season Success: He also became the first player to win twice in his rookie season since 2017.

Impact on Rankings and Status

FedEx Cup Standings: The victory propelled Dunlap from 95th to 63rd in the FedEx Cup standings, with the top 70 advancing to the FedEx Cup Playoffs.

DP World Tour: Dunlap secured 500 DP World Tour Rankings points and fully exempt status on the DP World Tour through 2026.

19) Answer: C

Short Explanation:

Every year, India observes National Flag Adoption Day on July 22 to honour the adoption of the tricolour flag and the Ashoka Chakra, symbols of the country's freedom, unity, and sovereignty.

This observance commemorates the Constituent Assembly's 1947 adoption of India's tricolour flag, just weeks before the country's independence from British colonial authorities on August 15.

Detailed Explanation:

Every year, India observes National Flag Adoption Day on July 22 to honour the adoption of the tricolour flag and the Ashoka Chakra, symbols of the country's freedom, unity, and sovereignty.

This observance commemorates the Constituent Assembly's 1947 adoption of India's tricolour flag, just weeks before the country's independence from British colonial authorities on August 15.

Flag Design: The design of India's flag, adopted shortly before the country gained independence, replaced its previous version.

Ashoka Chakra: The Ashoka Chakra, which replaced the spinning wheel or 'Charkha' on the flag, symbolized self-reliance and resistance during India's struggle for freedom. This modification was proposed by Badr-ud-Din Tyabji and supported by Mahatma Gandhi.

Flag Code of India: In 2002, amendments to the Flag Code of India expanded citizens' rights regarding the national flag. Previously restricted to national days, the flag can now be displayed and used on any day of the year, subject to guidelines ensuring respect and dignity. These guidelines stipulate that the flag should be hoisted between sunrise and sunset unless it is appropriately illuminated during the night.

20) Answer: B

Short Explanation:

India’s National Income Tax Day or Rashtriya Aaykar Divas is a significant event in India, commemorated on July 24th each year.

It marks the country's commitment to responsible financial citizenship and reflects the importance of taxation in nation-building.

The Indian National Income Tax Day is an annual observance held on July 24th to commemorate the introduction of India's first Income Tax Act in 1860 by Sir James Wilson.

Detailed Explanation:

India’s National Income Tax Day or Rashtriya Aaykar Divas is a significant event in India, commemorated on July 24th each year.

It marks the country's commitment to responsible financial citizenship and reflects the importance of taxation in nation-building.

The Indian National Income Tax Day is an annual observance held on July 24th to commemorate the introduction of India's first Income Tax Act in 1860 by Sir James Wilson.

The Income Tax Act was an essential step towards organizing and regulating the country's taxation system, ensuring a steady flow of revenue for national development.

India celebrates National Income Tax Day on July 24 annually. This day had been chosen because it was the first day that income tax was collected as a duty in India, back in 1860.

The Income Tax department first chose to honor this day in 2010 to mark 150 years of tax collection.

This year we will witness the 164th National Income Tax Day.

National Income Tax is observed every year to spread the awareness and understanding of Taxation System in India.

21) Answer: B

Short Explanation:

Fusion MicroFinance Limited, one of India’s leading Non-Banking Financial Companies - MicroFinance Institutions (NBFC-MFIs) in India, has announced the change of its name to Fusion Finance Limited.

Original Incorporation: The company was originally incorporated as Ambience Fincap Pvt Ltd (AFPL) in September 1994.

Detailed Explanation:

Fusion MicroFinance Limited, one of India’s leading Non-Banking Financial Companies - MicroFinance Institutions (NBFC-MFIs) in India, has announced the change of its name to Fusion Finance Limited.

Original Incorporation: The company was originally incorporated as Ambience Fincap Pvt Ltd (AFPL) in September 1994.

Establishment: Fusion MicroFinance was established in 2010.

Assets Under Management (AUM): As of March 31, 2024, the company's AUM stands at INR 11,476 crores.

Significance: Fusion Finance is a significant player in India’s microfinance sector, contributing to the financial inclusion and economic empowerment of underserved communities.

22) Answer: A

Short Explanation:

Kotak Mahindra Bank (KMB) has appointed Grant Thornton Bharat as an external auditor for its IT systems.

This appointment comes months after the Reserve Bank of India (RBI) barred the bank from adding new clients digitally.

RBI Findings: Deficiencies and Non-compliances: In April 2024, the RBI identified deficiencies and non-compliances in several areas of Kotak Mahindra Bank's IT operations for 2022 and 2023.

Detailed Explanation:

Kotak Mahindra Bank (KMB) has appointed Grant Thornton Bharat as an external auditor for its IT systems.

This appointment comes months after the Reserve Bank of India (RBI) barred the bank from adding new clients digitally.

RBI Findings: Deficiencies and Non-compliances: In April 2024, the RBI identified deficiencies and non-compliances in several areas of Kotak Mahindra Bank's IT operations for 2022 and 2023.

Specific Issues: The issues included IT inventory management, patch and change management, user access management, vendor risk management, and data security.

Regulatory Action: Prohibition on New Credit Cards: The RBI prohibited Kotak Mahindra Bank from issuing new credit cards.

Service Continuity: Despite the restrictions, Kotak Mahindra Bank will continue to provide services to its existing customers.

23) Answer: E

Short Explanation:

Bank of Baroda (BoB) launched several new digital and technology-driven services aimed at enhancing the customer banking experience.

Generative AI-Powered Virtual Relationship Manager (VRM):

Baroda Kisan Credit Card (BKCC): Integrated with the Reserve Bank Innovation Hub’s (RBIH) Public Tech Platform.

Pilot Location: Initially implemented in Madhya Pradesh.

Detailed Explanation:

Bank of Baroda (BoB) launched several new digital and technology-driven services aimed at enhancing the customer banking experience.

Generative AI-Powered Virtual Relationship Manager (VRM):

First-of-Its-Kind: This VRM is the first initiative of its kind in the Indian banking sector.

Functionality: Provides real-time information on BoB’s products and services, and captures customer requirements for specific banking needs.

117th Foundation Day: BoB introduced 11 new products and services to mark its 117th foundation day.

Baroda Kisan Credit Card (BKCC): Integrated with the Reserve Bank Innovation Hub’s (RBIH) Public Tech Platform.

Function: Facilitates frictionless credit by fetching digital land records and farm-related information.

Digital Process: The BKCC process is fully digital, from customer onboarding to loan account opening and disbursement.

Pilot Location: Initially implemented in Madhya Pradesh.

24) Answer: E

Short Explanation:

Finance Minister Nirmala Sitharaman has introduced the Namo Drone Didi scheme and announced substantial support for natural farming in the Union Budget 2024.

Namo Drone Didi Scheme:

Allocation:₹500 crore

Objective: To provide drones to 15,000 selected women self-help groups (SHGs)

Duration: 2023-24 to 2025-2026

Purpose: These drones will be used by SHGs to offer rental services to farmers, aiming to enhance agricultural productivity and efficiency.

Detailed Explanation:

Finance Minister Nirmala Sitharaman has introduced the Namo Drone Didi scheme and announced substantial support for natural farming in the Union Budget 2024.

Namo Drone Didi Scheme:

Allocation:₹500 crore

Objective: To provide drones to 15,000 selected women self-help groups (SHGs)

Duration: 2023-24 to 2025-2026

Purpose: These drones will be used by SHGs to offer rental services to farmers, aiming to enhance agricultural productivity and efficiency.

Support for Natural Farming:

Beneficiaries:1 crore farmers across the country

Initiatives:

Farmers will be initiated into natural farming, a method that emphasises ecological and sustainable agricultural practices.

The program will include certification and branding to support and promote natural farming produce.

Implementation: Through scientific institutions and willing gram panchayats

Infrastructure: Establishment of 10,000 need-based bio-input resource centres to support natural farming practices.

25) Answer: B

Short Explanation:

The Union Budget announced by Finance Minister Nirmala Sitharaman includes plans to assign unique identification numbers for all land parcels in rural areas, termed "Bhu-Aadhaar," and to digitise urban land records by 2027.

Rural Areas:

Bhu-Aadhaar: Unique Land Parcel Identification Number (ULPIN) will be assigned to all land parcels.

Digitisation: Cadastral maps will be digitised and surveys conducted to update maps according to current ownership.

Detailed Explanation:

The Union Budget announced by Finance Minister Nirmala Sitharaman includes plans to assign unique identification numbers for all land parcels in rural areas, termed "Bhu-Aadhaar," and to digitise urban land records by 2027.

Rural Areas:

Bhu-Aadhaar: Unique Land Parcel Identification Number (ULPIN) will be assigned to all land parcels.

Digitisation: Cadastral maps will be digitised and surveys conducted to update maps according to current ownership.

Land Registry: Establishment of a comprehensive land registry linked to the farmers' registry.

Benefits: Facilitation of credit flow, agricultural services, and accurate land administration.

Urban Areas:

Digitisation of Land Records: Urban land records will be digitised using GIS mapping.

IT-Based System: Implementation of an IT-based system for property record administration, updates, and tax administration.

Financial Position: This system aims to improve the financial position of urban local bodies.

26) Answer: D

Short Explanation:

The government has reinstated the interest subsidy under the Pradhan Mantri Awas Yojana (Urban) 2.0 and allocated ₹4,000 crore for the Credit Linked Subsidy Scheme (CLSS).

The Union Budget 2024-25 has earmarked ₹30,170 crore for PMAY-U, marking a 20.19% increase from the previous year's allocation.

Interest Subsidy and Allocations:

CLSS Allocation: ₹4,000 crore

PMAY-U Allocation: ₹30,170 crore (20.19% increase from 2023-24)

Beneficiaries: Economically Weaker Section (EWS), Lower Income Group (LIG), and Middle Income Group

Detailed Explanation:

The government has reinstated the interest subsidy under the Pradhan Mantri Awas Yojana (Urban) 2.0 and allocated ₹4,000 crore for the Credit Linked Subsidy Scheme (CLSS).

The Union Budget 2024-25 has earmarked ₹30,170 crore for PMAY-U, marking a 20.19% increase from the previous year's allocation.

Interest Subsidy and Allocations:

CLSS Allocation: ₹4,000 crore

PMAY-U Allocation: ₹30,170 crore (20.19% increase from 2023-24)

Beneficiaries: Economically Weaker Section (EWS), Lower Income Group (LIG), and Middle Income Group

Specific Allocations:

EWS and LIG Groups: ₹3,000 crore for house construction under CLSS in urban areas

Middle Income Group: ₹1,000 crore

Extension and Implementation:

Three Verticals: Beneficiary Led Construction/Enhancement, Affordable Housing in Partnership, and In-situ Slum Redevelopment.

New Housing Units: 3 crore additional houses in rural and urban areas.

Budgetary Support and Investments:

Central Assistance:₹2.2 lakh crore over the next five years

Total Investment: ₹10 lakh crore to address housing needs of one crore urban poor and middle-class families

Additional Budgetary Allocations:

Housing and Urban Affairs Ministry: ₹82,576 crore (increased from ₹76,431 crore)

Swachh Bharat Mission (Urban): ₹5,000 crore (no increase)

PM e-Bus Sewa Scheme: ₹1,300 crore for 10,000 electric buses in 169 cities

PM e-Bus Sewa Scheme:

Launch Year: 2023

End Year: 2037

PPP Model: Cities without organized bus services will be prioritized

27) Answer: C

Short Explanation:

Khelo India, the government’s flagship project aimed at promoting sports at the grassroots level, has once again emerged as the biggest beneficiary in the Union Budget allocation for the Sports Ministry.

This project was allocated ₹900 crore from the overall budget of ₹3,442.32 crore announced on July 23 by Finance Minister Nirmala Sitharaman.

Detailed Explanation:

Khelo India, the government’s flagship project aimed at promoting sports at the grassroots level, has once again emerged as the biggest beneficiary in the Union Budget allocation for the Sports Ministry.

This project was allocated ₹900 crore from the overall budget of ₹3,442.32 crore announced on July 23 by Finance Minister Nirmala Sitharaman.

Increased Allocation:

Current Allocation: ₹900 crore.

Previous Allocation: ₹880 crore (Revised) for the last financial year.

Increase: ₹20 crore increase from the previous year.

Budget Context:

Overall Budget Increase: The Sports Ministry's budget saw a marginal increase of ₹45.36 crore from the previous cycle.

Previous Cycle Budget: ₹3,396.96 crore.

28) Answer: C

Short Explanation:

Israel plans to introduce an e-visa program for Indian travellers, potentially starting later this year.

This will be the first e-visa program offered by Israel, as currently, no country is eligible for an e-visa to Israel.

Visitor Composition:Pilgrimage tourism constitutes about 48% of the Indian visitor mix to Israel.

Detailed Explanation:

Israel plans to introduce an e-visa program for Indian travellers, potentially starting later this year.

This will be the first e-visa program offered by Israel, as currently, no country is eligible for an e-visa to Israel.

Tourist Targets: Israel aims to attract 70,000 Indian tourists by 2025.

The target is set to increase to 100,000 Indian tourists by 2026.

Visitor Statistics:By the end of September 2023, Israel had received approximately 41,800 Indian visitors.

In 2019, the number of Indian tourists was 65,100.

From January to June 2024, 5,700 Indian tourists visited Israel out of a total of 495,300 global tourists.

Tourist Source Markets:Major Indian markets for Israel include Delhi, Mumbai, Bengaluru, Kochi, and Hyderabad.

50% of Indian tourists this year came from South India.

Visitor Composition:Pilgrimage tourism constitutes about 48% of the Indian visitor mix to Israel.

Leisure tourism accounts for around 30%, MICE (Meetings, Incentives, Conferences, and Exhibitions) for 12%, and other categories for 10%.

29) Answer: E

Short Explanation:

Ivory Coast joined the United Nations Water Convention, becoming the 53rd party to the 1992 Convention on the Protection and Use of Transboundary Watercourses and International Lakes.

Ivory Coast is the 10th African nation to join the Convention.

Transboundary Water Basins: Ivory Coast shares 8 transboundary river basins with 6 neighbouring countries.

Detailed Explanation:

Ivory Coast joined the United Nations Water Convention, becoming the 53rd party to the 1992 Convention on the Protection and Use of Transboundary Watercourses and International Lakes.

Ivory Coast is the 10th African nation to join the Convention.

Transboundary Water Basins: Ivory Coast shares 8 transboundary river basins with 6 neighbouring countries:

Rivers: Black Volta, Bia, Tanoe, Comoe, Niger, Sassandra, Cavally, Nuon.

Neighbouring Countries: Ghana, Burkina Faso, Mali, Guinea, Liberia, Sierra Leone.

Upcoming Accession: In 2024, Sierra Leone, Zambia, and Zimbabwe are expected to join the Convention, further increasing African representation.

Niger River Basin: Geographical Scope: The Niger River is Africa's third-longest river, stretching 4,200 kilometres.

It traverses nine countries: Benin, Burkina Faso, Cameroon, Chad, Ivory Coast, Guinea, Mali, Niger, and Nigeria.

Climate Change Vulnerability: The Niger River basin is one of Africa's most vulnerable regions to climate change.

30) Answer: C

Short Explanation:

The Estonian parliament approved Climate Minister Kristen Michal as the Baltic country’s next prime minister (PM).

He succeeds Kaja Kallas, who resigned on July 15, 2024 to become the European Union's new chief diplomat.

Detailed Explanation:

The Estonian parliament approved Climate Minister Kristen Michal as the Baltic country’s next prime minister (PM).

Michal received 64 votes in favour and 27 against in the Estonian parliament.

He succeeds Kaja Kallas, who resigned on July 15, 2024 to become the European Union's new chief diplomat.

Kaja Kallas resigned as Prime Minister to take up a new role as the European Union’s chief diplomat.

31) Answer: B

Short Explanation:

The Indian Olympic Association (IOA) has announced Bharat Petroleum Corporation Limited (BPCL) as the principal sponsor for Team India.

This collaboration, starting with the Paris Olympics and lasting until the 2028 Los Angeles Olympics, is aimed at supporting Indian athletes in their quest for excellence.

Detailed Explanation:

The Indian Olympic Association (IOA) has announced Bharat Petroleum Corporation Limited (BPCL) as the principal sponsor for Team India.

This collaboration, starting with the Paris Olympics and lasting until the 2028 Los Angeles Olympics, is aimed at supporting Indian athletes in their quest for excellence.

Sponsorship Details:

BPCL, a Maharatna and Fortune Global 500 company, will be the principal sponsor for Team India for four years.

The partnership begins with the Paris Olympics and continues to the 2028 Los Angeles Olympics.

In addition to its support for sports, BPCL aspires to become a Net Zero Energy Company by 2040, showcasing its commitment to sustainability alongside its investment in Indian sports.

32) Answer: D

Short Explanation:

A high-level delegation from the World Intellectual Property Organization (WIPO), including Executive Director Mr. Sherif Saadallah and Head Ms. Altaye Tedla, visited NITI Aayog to sign a Joint Letter of Intent (JLoI) with the Atal Innovation Mission (AIM).

This collaboration aims to build programs for Innovation, Entrepreneurship, and Intellectual Property (IP) for countries in the Global South.

WIPO’s Role and Achievements:

Global Innovation Index (GII): WIPO releases the GII annually; India retained the 40th position in 2023 among 132 economies.

Detailed Explanation:

A high-level delegation from the World Intellectual Property Organization (WIPO), including Executive Director Mr. Sherif Saadallah and Head Ms. Altaye Tedla, visited NITI Aayog to sign a Joint Letter of Intent (JLoI) with the Atal Innovation Mission (AIM).

This collaboration aims to build programs for Innovation, Entrepreneurship, and Intellectual Property (IP) for countries in the Global South.

WIPO’s Role and Achievements:

Global Innovation Index (GII): WIPO releases the GII annually; India retained the 40th position in 2023 among 132 economies.

Patent Growth: India experienced a sixth straight year of growth in patent filings, with a notable 31.6% increase in 2022, driven primarily by resident filings.

WIPO Delegation's Activities:

Workshop Participation: The delegation will attend a workshop on Intellectual Property in Innovation at AIC GGSIPU, Dwarka.

Student and Industry Interaction: Delegates will engage with students from Atal Tinkering Labs and industry experts from FICCI, NASSCOM, and PHDCCI.

Atal Innovation Mission (AIM):

Initiative by NITI Aayog: AIM is dedicated to fostering a culture of innovation and entrepreneurship across India.

33) Answer: B

Short Explanation:

According to the Food and Agriculture Organization (FAO), India makes the third country in the world in terms of forest area growth.

India has made great progress in protecting forests. From 2010 to 2020, 266,000 hectares of new forest will be added each year.

Top Countries for Forest Area Gains:

China: 1,937,000 hectares

Australia: 446,000 hectares

India: 266,000 hectares

Others in the Top Ten: Chile, Vietnam, Turkey, United States, France, Italy, Romania.

Detailed Explanation:

According to the Food and Agriculture Organization (FAO), India makes the third country in the world in terms of forest area growth.

India has made great progress in protecting forests. From 2010 to 2020, 266,000 hectares of new forest will be added each year.

Global Ranking: Third in forest area growth according to the Food and Agriculture Organization (FAO).

Top Countries for Forest Area Gains:

China: 1,937,000 hectares

Australia: 446,000 hectares

India: 266,000 hectares

Others in the Top Ten: Chile, Vietnam, Turkey, United States, France, Italy, Romania.

Global Deforestation Trends:

Deforestation Reduction: Significant reduction in deforestation rates in many parts of the world.

Indonesia: 8.4% shrinkage in rainforests in 2023.

Brazil (Amazon): 50% shrinkage in 2023.

34) Answer: A

Short Explanation:

Indian hockey goalkeeper PR Sreejesh has announced that the Paris 2024 Olympics will mark his final appearance with the senior national team.

The 36-year-old veteran will become a four-time Olympian, closing a distinguished career that has spanned nearly two decades.

Detailed Explanation:

Indian hockey goalkeeper PR Sreejesh has announced that the Paris 2024 Olympics will mark his final appearance with the senior national team.

The 36-year-old veteran will become a four-time Olympian, closing a distinguished career that has spanned nearly two decades.

Olympic Participation:

Paris 2024: Confirmed as his last international tournament.

Previous Olympics: Participated in three Olympics, with a significant contribution to the team’s bronze medal win at Tokyo 2020.

Major Achievements:

Tokyo 2020: Bronze medal.

Commonwealth Games:

Silver medals at Glasgow 2014 and Birmingham 2022.

Asian Games:

Two gold medals (Incheon 2014 and Hangzhou 2022).

One additional medal.

FIH Hockey Pro League 2021-22: Key role in securing third place.

Awards and Honors:

Major Dhyan Chand Khel Ratna Award: 2021.

World Games Athlete of the Year: 2021, only the second Indian to receive this honour.

35) Answer: B

Short Explanation:

Harmanpreet Kaur surpasses Smriti Mandhana to become India's top run-scorer in Women's T20I cricket.

Milestone achieved during India’s Women’s Asia Cup T20 match against the UAE on July 21 in Dambulla.

Detailed Explanation:

Harmanpreet Kaur surpasses Smriti Mandhana to become India's top run-scorer in Women's T20I cricket.

Milestone achieved during India’s Women’s Asia Cup T20 match against the UAE on July 21 in Dambulla.

Match Context:

UAE won the toss and opted to bowl first.

Smriti Mandhana scored 13 runs before getting out.

Key Performances:

Shefali Verma: Scored 37 runs off 18 balls with an aggressive approach.

Harmanpreet Kaur: Scored 66 runs off 47 balls, including seven fours and a six, surpassing Smriti's record of 3,378 runs.

India's Performance:

India posted a challenging total of 201/5 in 20 overs, their first 200-plus total in WT20Is.

Previous highest total was 198/4 against England in Mumbai.

36) Answer: B

Short Explanation:

The book "The Vision of Jamsetji Tata," co-authored by R. Gopalakrishnan and Harish Bhat, offers a compelling narrative interwoven with real-life stories and anecdotes about the creation of some of India's most beloved brands, such as Tata Tea, Tata Motors, Titan, and Tanishq.

Detailed Explanation:

The book "The Vision of Jamsetji Tata," co-authored by R. Gopalakrishnan and Harish Bhat, offers a compelling narrative interwoven with real-life stories and anecdotes about the creation of some of India's most beloved brands, such as Tata Tea, Tata Motors, Titan, and Tanishq.

It provides valuable insights into the entrepreneurial spirit and vision of Jamsetji Tata, a pioneering industrialist and nationalist.

Enduring Legacy: The book explores how Jamsetji and his successors institutionalized the core values of Tata, ensuring the company's long-term success and contribution to India's industrial growth.

Consistent Vision: The Tata values, emphasizing ethical business practices and social responsibility, have been a cornerstone of the group's enduring success

37) Answer: D

Short Explanation:

The European Space Agency (ESA) has announced a mission to study the Apophis asteroid when it passes by Earth at a very close distance in 2029.

ESA is the second major space agency, after National Aeronautics and Space Administration (NASA), to commit a space mission for Apophis that was once considered to be on a pathway to collide with the Earth.

Apophis will come within 32,000 km of the Earth in 2029, offering space agencies a rare opportunity to study an asteroid from such close quarters.

Detailed Explanation:

The European Space Agency (ESA) has announced a mission to study the Apophis asteroid when it passes by Earth at a very close distance in 2029.

ESA is the second major space agency, after National Aeronautics and Space Administration (NASA), to commit a space mission for Apophis that was once considered to be on a pathway to collide with the Earth.

Apophis will come within 32,000 km of the Earth in 2029, offering space agencies a rare opportunity to study an asteroid from such close quarters.

ESA stated that an asteroid of such a large size comes this close to  the Earth only once in about 5,000 to 10,000 years.

The Rapid Apophis Mission for Space Safety (RAMSES) spacecraft would approach the asteroid.

It will intercept the asteroid 99942 Apophis and accompany it through its safe but exceptionally close flyby of Earth in 2029.

38) Answer: C

Short Explanation:

Mark Carnevale, former PGA Tour winner and golf broadcaster, passed away at the age of 64.

Carnevale was born in Annapolis, Maryland, United States (US).

He Won the 1992 Chattanooga Classic, marking the beginning of his legacy in golf.

He was Voted PGA Tour Rookie of the Year in 1992.

In 2003, he became tournament director of the Nationwide Tour's Virginia Beach Open.

Detailed Explanation:

Mark Carnevale, former PGA Tour winner and golf broadcaster, passed away at the age of 64.

Carnevale was born in Annapolis, Maryland, United States (US).

He Won the 1992 Chattanooga Classic, marking the beginning of his legacy in golf.

He was Voted PGA Tour Rookie of the Year in 1992.

In 2003, he became tournament director of the Nationwide Tour's Virginia Beach Open.

Beginning in 2005, Carnevale hung up his clubs and continued his interest in golf as a broadcaster.

He was Sirius XM Radio's lead PGA Tour tournament caller, and had just finished calling a tournament just a week prior to his death.

In May 2010, he began playing in a limited number of events on the Champions Tour.

He was scheduled to cover this week's upcoming tournament, the 3M Open, located in Blaine, Minnesota.

39) Answer: E

Short Explanation:

Padma Shri awardee and noted organic farmer Kamala Pujari passed away at the age of 74 in cuttack, Odisha.

She held the unique distinction of being the first tribal woman to be included in the list of members of the Odisha State Planning Board.

Koraput Traditional Agriculture is one of the Globally Important Agricultural Heritage Systems (GIAHS) since 2012 recognised by the Food and Agriculture Organization of the United Nations.

Padma Shri: Conferred with the Padma Shri in 2019 by President Ramnath Kovind.

Best Farmer Award: Received the best farmer award from the Odisha government in 2004.

Detailed Explanation:

Padma Shri awardee and noted organic farmer Kamala Pujari passed away at the age of 74 in cuttack, Odisha.

Kamala Pujari born in Koraput District, Orissa, India

She was a promoter of organic farming and had harvested 100 varieties of rice.

She learned the basic techniques from MS Swaminathan Research Foundation at Jeypore and contributed a lot in the field of organic farming.

She held the unique distinction of being the first tribal woman to be included in the list of members of the Odisha State Planning Board.

Koraput Traditional Agriculture is one of the Globally Important Agricultural Heritage Systems (GIAHS) since 2012 recognised by the Food and Agriculture Organization of the United Nations.

Padma Shri: Conferred with the Padma Shri in 2019 by President Ramnath Kovind.

State Planning Board: Served as a member of the Odisha State Planning Board in 2018.

Best Farmer Award: Received the best farmer award from the Odisha government in 2004.

Equator Initiative Award: Won the award in Johannesburg, South Africa in 2002.

40) Answer: C

World Heritage in Danger List

Current List: There are 56 properties currently on the List of World Heritage in Danger.

Examples of Sites:

Cultural Landscape and Archaeological Remains of the Bamiyan Valley in Afghanistan.

Historic Centre of Vienna in Austria.

Archaeological Site of Cyrene in Libya.

Three sites in Ukraine:

Saint-Sophia Cathedral and Related Monastic Buildings, Kyiv-Pechersk Lavra in Kyiv.

The Ensemble of the Historic Centre in L'viv.

The Historic Centre of Odesa.