ALL EXAM QUIZ 17.04.2024

Explanation:

• HDFC Bank, a private lender in India, has opened a branch in Kavaratti Island of Lakshadweep.
• With this, HDFC Bank has become the first private sector bank in India to have a branch in the Union Territory of Lakshadweep.
• This branch aims to offer a wide range of services focusing on personal banking and digital banking. Also to upgrade the banking infrastructure in the Union Territory. It also includes customized digital solutions for retailers, including QR-based transactions.

Explanation:

• The research team at Dr. Aggarwal Eye Hospital has been awarded the prestigious ‘Best Scientific Poster Award’ at the 2024 Annual Meeting of the American Society for Cataract and Refractive Surgery.
• The award-winning study focused on ‘The efficacy of RevitalVision vision-training software in improving best-corrected vision in stable keratoconus patients following crosslinking surgery’.
• The research was led by Professor Lionel Raj and Professor David Heber, ophthalmologists at Dr Agarwal Eye Hospital in Tirunelveli.
• This study addresses an important gap in the treatment of keratoconus patients after crosslinking surgery, leading to tangible improvements in vision and enhanced quality of life.

Explanation:

• With an aim to promote digital transactions, PhonePe, eSewa and HAN Pokhara have partnered to promote UPI during Nepal's Fewa New Year Festival.
• PhonePe, in collaboration with eSewa and Hotel Association of Nepal (HAN) Pokhara, is all set to promote UPI during the Phewa New Year Festival in Nepal.

Objective

• Popularizing UPI payments on PhonePe network in Nepal.
• To increase awareness about digital payments among local merchants and customers.
• To showcase the convenience of digital transactions during the festival.

Explanation:

• Senior Women's Inter Zonal Multi-Day Cricket Tournament With the all-round performance of captain Deepti Sharma, Eastern Zone won the title of Senior Women's Inter Zonal Multi-Day Trophy Cricket Tournament. In a thrilling final, East Zone defeated South Zone by one wicket.
• The winning team captain got a winning cheque of Rs 50 lakhs and a trophy, while the runners-up South Zone got a cheque of Rs 20 Lakhs. It also ended the domestic women's cricket season for 2023-24.

• The final of the Senior Women Inter Zonal Multi-Day Trophy was held at the Maharashtra Cricket Stadium, Pune, Maharashtra. The four-day final finished within three days.

Explanation:

• Russia tops the list in cyber crime, according to research that surveyed cyber crime experts around the world. India is at 10th place in this list. The team of researchers has prepared the World Cyber Crime Index. Nearly 100 countries are ranked according to various categories of cybercrime, including ransomware and credit card theft.
• It identifies major hotspots according to different categories of cybercrime, including ransomware, credit card theft, and scams.
• The major categories the researchers identified included technology products and services such as malware and compromised systems and attacks and extortion, including ransomware.
• It also includes scams such as hacking, compromised accounts, theft of data and identity, including credit cards, and advance fee fraud and money laundering involving illicit virtual currency.
• Russia and Ukraine are highly technical cybercrime hubs, while Nigerian cyber criminals are engaged in less technical forms of cybercrime.
• India was found to be an "specialize" in scams.
• Furthermore, while Romania and the US were found to "specialize" in both high-tech and low-tech crimes, India was found to be a "balanced hub", "specializing" in mid-tech crimes.

Explanation:

• India invoked the World Trade Organization (WTO) peace clause for the purpose of providing assistance to farmers in the 2022-23 marketing year for food security.
• India has informed WTO that it has The minimum limit specified under the Agreement on Agriculture (AOA) for rice has been exceeded.
• The value of rice production in India in the year 2022-23 was $52.8 billion, during which subsidy of $6.39 billion was given to farmers. This means that rice subsidy in India was 12 percent of the value of production, thereby violating global trade rules.
• According to this, the 10 percent domestic support limit has been violated. No action can be taken against India for this violation because India has invoked the "peace clause".
• The purpose of its implementation is “to meet the household food security needs of India's poor and vulnerable populations, and not to facilitate trade”.

Explanation:

• India's Jagjit Pavadia re-elected to the International Narcotics Control Board (INCB) for a third term.
• Mr Pavadia was re-elected by secret ballot for a third term for five years from March 2025-2030, receiving the highest number of votes in the highly competitive election.
• With 41 votes, Mr Pavadia won a landslide victory in a tough election, while the second-placed candidate got 30 votes.
• Since 2015, Mr. Pavadia has been a member of the International Narcotics Control Board.
• She was re-elected by the council in May 2019 for a five-year term from 2020 to 2025. She served as the Chairman of the Board in 2021-2022.
• Founded in 1968, the INCB is the independent and quasi-judicial monitoring body for the implementation of the United Nations international drug control conventions.
• Elected by the Economic and Social Council, it consists of 13 members who serve in their personal capacity and not as government representatives.
• Three members with medical, medicinal or pharmaceutical experience are selected from a list of individuals nominated by the World Health Organization (WHO).

Explanation:

• Jain Acharya Lokesh Muni has become the first Indian monk to be honoured with the American President’s Gold Volunteer Service award in recognition of his contribution to the public good and humanity.
• Acharya Lokesh Muni is the founder of a non-governmental organisation, Ahimsa Vishwa Bharat and the World Peace Center in India.

American President’s Volunteer Service Award

• The American President’s Volunteer Service Award was established in 2003 during George Bush's Presidency.

• The award is given to individuals who have provided at least 500 hours of voluntary service in the United States and whose voluntary work has positively impacted communities and inspired those around them.

Explanation:• According to a report by energy cargo tracker Vortexa, China has overtaken India as the primary importer of Russian crude via sea routes in March 2024 with imports of 1.82 million barrels per day (bpd), compared to India's 1.36 million bpd ( BPD) is imported.

Explanation:

• The Asian Development Bank (ADB)'s April 2024 Outlook raised India's GDP growth forecast for FY2025 to 7% from 6.7%.
• ADB projects India's GDP growth at 7.6% in 2023-24, rising to 7.2% in 2025-26.