1. Indian Mixed Reality Program has been started by?
A. Meta
B. Bata
C. Reliance
D. Google
2. Who has been appointed as the Deputy Chief Minister of Chhattisgarh?
A. Raman Singh
B. TS Singh Deo
C. Ajit jogi
D. Bhagwant Mann
3. Which company has obtained the status of Authorized Economic Operator (AEO) T3?
A. BHEL
B. TATA
C. GAIL
D. HCl
4. India and which country have set a target of reaching $100 billion in non-oil trade by 2030?
A. CHINA
B. AMERICA
C. FRANCE
D. UAE
5. What is the rank of India in the 2023 Global Competitiveness Index?
A. 40th
B. 42nd
C. 44th
D. 49th
6. Which ministry has released the list of important minerals for India?
A. Ministry ofFinance
B. Ministry of Mines
C. ministry of railways
D. Ministry of Education
7. Consider the following statements:
1. Micron Technology Inc, a US-based semiconductor manufacturer, has signed a Memorandum of Understanding (MoU) with the Gujarat government to set up a state-of-the-art semiconductor unit in Sanand, near Ahmedabad.
2. The project, valued at Rs 12,500 crore, marks a significant milestone in India’s journey towards self-reliance in memory chip manufacturing.
Which of the above statement/statements are correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
8. Consider the following statements:
1. India has emerged as the third largest ecosystem for startups globally, with over 99,000 DPIIT-accredited startups across 670 districts in the country by 31 May 2023.
2. India ranks #4 in innovation quality along with top position in quantity and quality of scientific publications.
3. ts universities are among middle-income economies. Innovation in India is not limited to only a few sectors.
Which of the statements given above is/are correct?
A. 1 and 2 are correct
B. 1 and 3 are correct
C. 2 and 3 are correct
D. All of the above
Answer:
Answer: 1) A
Explanation
Meta has announced the launch of a new Mixed Reality (MR) program in India, offering a $250,000 award to support homegrown startups and developers in building applications and experiences.
The program aims to foster innovation and establish a national XR technology ecosystem, with selected participants receiving monetary grants, mentoring from Meta Reality Labs specialists, and the opportunity to join Meta’s growing developer ecosystem.
Answer: 2) B
Explanation
Congress President Mallikarjun Kharge has appointed TS Singh Deo as the Deputy Chief Minister of Chhattisgarh.
Singh Deo’s appointment was announced at a review meeting held at the Congress headquarters in Delhi to discuss the upcoming Chhattisgarh assembly elections.
Answer: 3) C
Explanation
GAIL India Limited, a leading natural gas company in India, has been bestowed with the prestigious Authorised Economic Operator (AEO) T3 status by the Central Board of Indirect Taxes and Customs, Ministry of Finance.
This recognition marks the highest level of facilitation for exporters and importers, positioning GAIL as a trusted and secure participant in international trade.
Answer: 4) D
Explanation
India and the United Arab Emirates (UAE) have set an ambitious target to increase their non-oil bilateral trade from the current USD 48 billion to USD 100 billion by 2030.
The decision was reached during the first meeting of the Joint Committee of India-UAE Comprehensive Economic Partnership Agreement (CEPA). Both countries aim to double their non-petroleum trade in the next seven years, emphasizing the need to enhance trade cooperation beyond the oil sector.
Answer: 5) A
Explanation
2023 Global Competitiveness Index, published by the International Institute for Management Development (IMD), has named Denmark, Ireland, and Switzerland as the top three most competitive economies among 64 nations surveyed.
The report highlights the unique approaches taken by these countries to achieve competitiveness and emphasizes the importance of long-term value creation. In this article, we will delve into the rankings, key findings, and notable advancements and challenges faced by various countries.
India, despite experiencing a slight drop of three ranks, finishes in 40th place in the 2023 Global Competitiveness Index, indicating an improvement compared to its consistent 43rd position between 2019 and 2021.
Answer: 6) B
Explanation
Union Minister of Mines, Pralhad Joshi launched India’s inaugural report on Critical Minerals for India.
The report identifies 30 critical minerals that are crucial for various sectors such as defense, agriculture, energy, pharmaceuticals, and telecom.
This comprehensive list represents a significant milestone in India’s efforts to achieve self-reliance and security in terms of mineral resources.
Answer: 7) A
Explanation
Micron Technology Inc, a US-based semiconductor manufacturer, has signed a Memorandum of Understanding (MoU) with the Gujarat government to set up a state-of-the-art semiconductor unit in Sanand, near Ahmedabad.
The project, valued at Rs 22,500 crore, marks a significant milestone in India’s journey towards self-reliance in memory chip manufacturing.
The MoU signing ceremony was attended by Union Minister Ashwini Vaishnaw, Chief Minister Bhupendra Patel and Micron Technology’s senior vice-president, Gursharan Singh.
Significance of the MoU
The MoU seeks to establish a collaborative mechanism on semiconductor supply chain resiliency and diversification in view of US’s CHIPS and Science Act, 2022 and India’s Semiconductor Mission.
The project aims to create 5,000 direct jobs and contribute to India’s Self-Reliance in memory chip manufacturing.
Answer: 8) B
Explanation
India has emerged as the third largest ecosystem for startups globally, with over 99,000 DPIIT-accredited startups across 670 districts in the country by 31 May 2023.
India ranks #2 in innovation quality along with top position in quantity and quality of scientific publications.
Its universities are among middle-income economies. Innovation in India is not limited to only a few sectors.
We recognized startups solving problems in 56 diverse industry sectors of which 13% are from IT services, 9% from healthcare and life sciences, 7% from education, 5% from agriculture and 5% from food and beverages.
Indian Startup Ecosystem has seen exponential growth in past few years (2015-2022)
15X increase in the total funding of startups
9X increase in the number of investors
7X increase in the number of incubators