ALL EXAM QUIZ 05.10.2024

Explanation:

• Shri Ajit Kumar Saxena assumed additional charge of CMD of RINL, the corporate entity of Visakhapatnam Steel Plant.
• Saxena is presently the Chairman and Managing Director (CMD) of MOIL, a public sector undertaking under the Ministry of Steel.
• RINL CMD Atul Bhatt is on personal leave from September 9 to November 30, which is also the date of his retirement.
• Rashtriya Ispat Nigam Limited (RINL) is a steel manufacturing company under the Ministry of Steel.
• It owns and operates a 7.5 million tonne capacity plant at Visakhapatnam, Andhra Pradesh.

Explanation:

• The Indian Army and the Centre for Land Warfare Studies (CLAWS) will host the Chanakya Defense Dialogue 2024.
• It will be conducted on the 24-25 October on the theme of “Drivers in Nation Building: Fuelling Growth through Comprehensive Security”.
• This defence dialogue will facilitate in-depth discussions, and foster strategic partnerships.
• It will provide a platform for national and international leaders, policymakers, and subject matter experts to share their expertise.
• It will reflect the Indian Army’s vision of a resilient, secure, and prosperous Bharat in 2047.
• The COAS shared his thoughts on the theme "Pillars of Security: Powering India's Path to Viksit Bharat by 2047" in a Fireside Chat.

Explanation:

• PM Modi inaugurated ‘Jamaica Marg’ in Delhi.
• Prime Minister Narendra Modi named the road in front of the Jamaica High Commission as ‘Jamaica Marg’.
• The unveiling of Jamaica Marg is a reminder of the global reach of India's diplomatic efforts.
• Both countries leaders met at Hyderabad House in New Delhi.
• They discussed various aspects of the India-Jamaica partnership, including further cooperation in sports and cultural exchanges.
• Jamaica Prime Minister Holness was on an official visit to India from September 30 to October 3, 2024.
• Both countries also advocated for reform of multilateral institutions, including the UN Security Council.
• They also focused on areas like south-south collaboration, including India's flagship Indian technical and economic cooperation program.

Explanation:

• The 26th Water, Energy, Technology, and Environment Exhibition (WETEX) 2024 started at the Dubai World Trade Centre on 1st October.
• 29 leading companies are participating in the Indian pavilion.
• The event is organized by the Dubai Electricity and Water Authority (DEWA).
• Cutting-edge innovations in renewable energy, water treatment, and environmental technologies issues were discussed.
• WETEX 2024 featured 16 international pavilions from 14 countries.

Explanation:

• Telangana becomes the first state to get NITI Aayog’s Women Entrepreneurship Platform chapter.
• NITI Aayog launched the first State Chapter of Women Entrepreneurship Platform (WEP).
• NITI Aayog in association with WE Hub and the Telangana government, launched the first State Chapter of Women Entrepreneurship Platform (WEP).
• The platform aims to promote and support women entrepreneurs across sectors.
• The Women Entrepreneurship Platform (WEP) Hub will be the nodal agency for all WEP activities in the State.
• It will provide those resources, tools, and a robust network to enhance their business growth.
• WEP will provide customized support like digital skills, access to financial services, mentorship and market linkages.
• WE Hub is a first-of-its-kind incubation centre in India exclusively for women entrepreneurs.

Explanation:

• Union Minister H.D. Kumaraswamy launched the PM E-DRIVE Scheme in New Delhi.
• This initiative will accelerate electric vehicle (EV) adoption and boost domestic innovation.
• This scheme has been launched with a financial outlay of ten thousand nine hundred crore rupees for two years.
• 3680 crore rupees have been allocated for e-two-wheelers, e-three-wheelers, e-ambulances, e-trucks, and emerging EVs.
• 2000 crore has been allocated for installing fast chargers, including various other allocations for electric vehicles.
• Aadhar-authenticated e-vouchers will be introduced by the government for EV buyers to avail the demand incentives.

Explanation:

• The reconstitution of the Monetary Policy Committee has been notified by the government.
• The Governor of the RBI is the ex-officio Chairperson of the Monetary Policy Committee.
• The Deputy Governor of RBI, in charge of monetary policy, is also the ex-officio member of the committee.
• One officer of the RBI to be nominated by the Central Board is also the ex-officio member of the committee.
• Professor Ram Singh, Economist Saugata Bhattacharya, and Dr Nagesh Kumar have been appointed as the members of the committee.
• Professor Ram Singh is Director of Delhi School of Economics.
• Dr Nagesh Kumar is Director and Chief Executive of the Institute for Studies in Industrial Development.
• The members of committee (Professor Ram Singh, Economist Saugata Bhattacharya, and Dr Nagesh Kumar) shall hold office for four years, with immediate effect or until further orders, whichever is earlier.
• Professor Ram Singh, Economist Saugata Bhattacharya, and Dr Nagesh Kumar will replace Ashima Goyal, Shashanka Bhide, and Jayanth R Varma.

Explanation:

• India’s current account deficit increased to 1.1% of GDP.
• The current account deficit increased marginally to $9.8 billion in the Q1 of FY25 from $8.9 billion (1%) in the year-ago period.
• This increase was mainly because of increase in merchandise trade deficit.
• India recorded a current account surplus of $4.6 billion (0.5% of GDP) in the fourth quarter (Q4) of FY24.
• In the reporting quarter, merchandise trade deficit increased to $65.1 billion against $56.7 billion in the year-ago quarter.
• Oil and gold caused increased in merchandise trade deficit and increase in other non-oil imports.
• Net service receipts increased from $35.1 billion to $39.7 billion in Q1FY25.

Explanation:

• It has been announced by the Kho-Kho Federation of India (KKFI) and the International Kho-Kho Federation that the first Kho-Kho World Cup will be held in India in 2025.
• 24 countries from 6 continents will take part in this event, and 16 men's and as many women's teams will participate in it.
• Ahead of the World Cup, KKFI plans to take it to 200 schools in 10 cities to promote the sport.
• A membership drive for school students will also be run by the federation , aiming to register at least 50 lakh players ahead of the mega tournament.
• The tournament will feature a week-long series of matches featuring top-level athletes from around the world.
• The aim of the Kho-Kho World Cup is to take this indigenous Indian sport to the international level.
• Kho-kho has its roots in India, and the World Cup will highlight the rich cultural heritage and competitive spirit of the sport.
• Starting from mud, the sport has now reached the mat and has a presence in 54 countries across the world.

Explanation:

• India's Divyanshi performed brilliantly and won the gold medal in the ISSF Junior World Championship 25 meter pistol.
• Divyanshi won the gold medal by defeating Christina Magnani of Italy. She also won the team gold along with Tejaswini and Vibhuti Bhatia. In the men's category, Mukesh Nelavalli won 2 gold medals in 25 meter pistol and team event.