ALL EXAM QUIZ 2.04.2024

Explanation:

• Chat GPIT maker Open AI and Microsoft are working on a data center project. According to reports, the cost of this project could be up to 100 billion dollars.
• This mainly includes Artificial Intelligence supercomputer. Its name will be Stargate. It has been said that it can be launched by 2028.

Stargate

• Companies Microsoft and Open AI plan to build a series of supercomputers over the next six years. They aim to create the largest supercomputer, funded by Microsoft, which will cost about 100 times more than the biggest existing data centres.
• The proposed Stargate project is expected to launch in 2028, following OpenAI's major AI upgrade in early 2022.
• The project could cost up to $100 billion, according to people involved in private discussions with Open AI CEO Sam Altman and others who viewed Microsoft's initial cost estimates.

Explanation:

• Professor Meena Charanda, Principal of Kalindi College, Delhi University, was given the 'International Culture Award' for the year 2024.
• Prof. Meena Charanda has been given this honor for her remarkable work in the field of education and social service.
• Prof. Charanda was presented with this honor at a program at the India International Center on March 30, 2024.Professor Charanda was given a memento, plaque, shield and citation from the university in the award.

Explanation:

• On March 28, the Union Home Ministry extended the validity of all FCRA-registered ngos whose licenses expire on March 31, till June 30.
• This decision provided relief to those whose renewal applications are still pending.
• The ministry has given time till June 30 to all those ngos whose five-year validity period is expiring between April 1, 2024, and June 30, 2024, to apply for renewal before their validity expires.
• As per law, all ngos receiving foreign contributions must be registered under the Foreign Contribution (Regulation) Act.
• As of 17 July 2023, there were 16,301 ngos in the country that had a valid FCRA license.

Explanation:

• Government e-Marketplace (GeM) doubled its Gross Merchandise Value (GMV) to ₹4-lakh crore.
• In the fiscal year 2023-24, Government e-Marketplace (GeM) doubled its Gross Merchandise Value (GMV).
• Currently, GeM has over 1.5 lakh government buyers and 21 lakh sellers and service providers.
• It has integrated 89,421 panchayats and over 760 co-operatives with its procurement ecosystem.
• Around 50 per cent of the total GMV valued at ₹4-lakh crore can be attributed to procurement of services.

Explanation:

• UNESCO’s Executive Board has decided to add 18 sites to the Global Geoparks network.
• The total number of Geoparks reached 213 in 48 countries.
• The new geoparks are situated in Brazil, China, Croatia, Denmark, Finland, France, Greece, Hungary, Poland, Portugal, and Spain.
• Geoparks serve local communities by combining the conservation of their significant geological heritage with public outreach and a sustainable approach to development.
• The UNESCO Global Geopark designation was formed in 2015. It recognizes geological heritage of international significance.
• Two UNESCO Member States are joining the network for the first time: New Zealand and the Philippines.

Explanation:

• A Digital India Trust Agency will be set up by RBI to keep a check on illegal lending apps.
• The proposed Digital India Trust Agency (DIGITA) will verify the digital lending apps and maintain a public register of verified apps.
• Apps without the signature of DIGITA will be considered unauthorized for the purpose of law enforcement.
• It will also act as an important checkpoint in the fight against financial crimes in the digital realm.
• The verification process would bring more transparency and accountability to the growing digital lending sector.
• RBI shared a list of 442 unique digital lending app names with the IT Ministry.
• From September 2022 to August 2023, google has already removed over 2,200 digital lending apps (DLAs) from its app store.

Explanation:

• World Health Organization launched a global laboratory to monitor the emerging coronavirus
• CoViNet’, a global laboratory for monitoring emerging coronavirus, has been launched by the World Health Organization (WHO).
• Besides SARS-CoV-2, the new WHO Coronavirus Network, called CoViNet, will assess other coronaviruses.
• CoViNet has 36 laboratories from 21 countries in all six WHO regions, including three Indian laboratories.
• WHO COVID-19 reference laboratory network was set during the pandemic in January 2020. It will now have animal health and environmental surveillance and timely risk assessment to feed WHO policies and protective measures.
• CoViNet will support in creation of more laboratories to monitor MERS-CoV and coronaviruses of public health importance.

Explanation:

• Meghayan-24 was conducted at Southern Naval Command on 28 March 24.
• It was a METOC (Meteorological and Oceanographic) seminar.
• It was conducted by School of Naval Oceanology & Meteorology (SNOM) and Indian Naval Meteorological Analysis Centre (INMAC).
• It was based on the theme “At the Frontline of Climate Action”.
• “At the Frontline of Climate Action” is the theme for this year’s World Meteorological Day.
• World Meteorological Day is celebrated every year on 23rd March.

Explanation:

• Government raised 16, 500 crore in FY 23-24 by selling stakes in companies.
• By selling stakes in about 10 state-run companies, the government has raised Rs 16,500 crore ($1.98 billion) in 2023/24.
• This is 9% lower than its internal target of Rs 18,000 crore.
• In the last decade, the Modi government has met its privatisation and minority stake sale target only twice.
• The government has not set any target for the current financial year, which started on 1 April.
• In 2023/24, the government received about Rs 63,000 crore as dividends from CPSEs. It is more than its target of Rs 50000 crores.
• The Coal India, ONGC, Powergrid and GAIL were the top dividend payers to the government.
• The government received 2964 crores from ONGC, Rs 2,043 crore from Coal India, Rs 2,149 crore from Power Grid Corporation of India.
• Higher dividend from CPSEs shows a robust financial performance of CPSEs during the 2023-24 fiscal.

Explanation:

A-3, B-4, C-2, D-1