ALL EXAM QUIZ 07.05.2024

Explanation:

• Bharat Biotech co-founder Krishna M Ella was appointed president of the Indian Vaccine Manufacturers Association (IVMA) for a two-year term from April 2024 to 2026.
• Krishna M Ella aims to strengthen collaboration between vaccine manufacturers, researchers. Policymakers have been asked to accelerate vaccine development and improve production.
• The Indian Vaccine Manufacturers Association (IVMA) also wants to support developing countries' access to affordable vaccines.

Explanation:

• Chithirai Festival related to Lord Kallazhagar (celebrated on the banks of Vaigai River in Madurai.
• Chithirai Festival in Madurai celebrates the union of Lord Sundareshwar (Lord Shiva) and Goddess Meenakshi, the sister of Lord Vishnu.
• The festival is also known as Chithirai Thiruvizha, Meenakshi Thirukalyanam or Meenakshi Kalyanam, celebrated in the beginning of April or the Tamil month of Chithirai.

Explanation:

• According to a recent report by the United Nations Trade and Development (UNCTAD), Indian service sector exports grew by 11.4 per cent to $345 billion in the calendar year 2023(January-December) despite prevailing global uncertainties.
• However, Chinese service exports declined by 10.1 per cent to $381 billion in 2023.
• India's services imports, however, dipped marginally by 0.4 per cent to $248 billion last year.

Explanation:

• The National Bank for Agriculture and Rural Development (NABARD) has recently approved a study on impact assessment of Geographical Indication (GI) products to the Symbiosis School of Economics.
• GI is a mark used on products that have a specific geographical origin and have a quality or reputation due to that origin.
• Protection of intellectual property through laws will help in achieving benefits in terms of economic growth, employment and income generation.

Explanation:

• Renowned journalist, publisher and editor of Daily Hindi Milap Vinay Veer passed away on Saturday, April 27, 2024, at the age of 72.
• He was a supporter of the Hindi language and a respected figure in South India.
• Vinay Veer came from a family with a strong history of activism. His parents, Yudhvir and Sita Yudhvir, were both prominent persons.
• Yudhveer himself was a journalist, and Sita Yudhveer served as a Rajya Sabha member for two terms. Vinay Veer has inherited a passion for making a positive impact.

Explanation:

• The first India-made chips will be introduced by Micron to global markets by early 2025.
• The first India-made semiconductor chips will be produced from Micron Technology's packaging unit in Sanand, Gujarat, in the first half of 2025.
• Most of the chips made at Sanand will be exported, potentially making the facility a major player in the global semiconductor market.
• The chips will be used for data centers, smartphones, notebooks and Internet of Things (IoT) devices.

Explanation:

• India and Nigeria agreed to enhance cooperation in energy and Local currency settlement.
• India and Nigeria have identified areas like crude oil, natural gas, pharmaceuticals, Unified Payments Interface (UPI), local currency settlement system, and power sector to enhance cooperation.
• They also agreed on the early conclusion of the Local Currency Settlement System Agreement.

• A seven-member delegation from India discussed issues related to cooperation during its recent visit to Nigeria

Explanation:

• Purnima Devi Barman, a wildlife biologist from Assam, has received the Whitley Gold Award 2024.
• She received the award for her conservation efforts of the endangered Greater Adjutant Stork and its wetland habitat. Stork is locally as “Hargila” in Assamese.
• She wants to double the global population to 5,000 by 2030 by working across the stork's range in India and Cambodia.
• Apart from her, six other grassroots conservationists – from Guyana, Papua New Guinea, Bhutan, Cameroon, Nepal and Brazil have also received this award.

Explanation:

• India and the Netherlands organised 12th round of foreign office consultations (FOC).
• 12th round of FOC was held in The Hague. India and The Hague agreed to strengthen bilateral ties.
• They agreed to focus on new and emerging technologies like semiconductors and green hydrogen.

Explanation:

• ICICI Bank achieves market capitalisation of Rs 8.14 trillion.
• Its shares reached an all-time high of Rs 1,163 apiece. Its shares increased by over 5%.
• It has become one of the top five companies by market value.
• ICICI Bank has become the second bank to cross this milestone. HDFC Bank is the first bank.
• The position of Reliance Industries as the most-valued Indian company continues. Its market capitalisation is RS 19.8 trillion.
• It is followed by Tata Consultancy Services (TCS) with market capitalisation of Rs 14 trillion.
• Among banks, HDFC Bank comes at first with a market cap of Rs 11.6 trillion.
• It is followed by SBI with market value of Rs 7.4 trillion.