ALL EXAM QUIZ 09.11.2024

Explanation:

• India and Nepal agreed to accelerate water resources and energy cooperation.
• Nepal and India have agreed to expedite hydropower projects and enhance cooperation in energy, water resources and other key sectors.
• Nepal's Energy and Water Resources Minister Deepak Khadka was on a visit to India from November 3 to 6.
• During the visit, both sides agreed to expedite projects including the Pancheshwar Multipurpose Project and the Arun III Hydroelectric Project.
• The Indian Government agreed to move forward with the Pancheshwar Project and the Nepalese side agreed to expedite work related to land acquisition for the Arun III Project being developed by an Indian company.
• During the meeting, the Indian side agreed to provide necessary assistance to Nepal in providing drinking water and irrigation facilities to the people of the hilly areas of the Himalayan country by installing solar panels.

Explanation:

• Government has doubled penalties for farmers involved in Stubble Burning.
• The Environment, Forestry, and Climate Change Ministry has doubled penalties for stubble burning.
• The government has issued the Air Quality Management in National Capital Region and Adjoining Areas (Imposition, Collection and Utilization of Environmental Compensation for Stubble Burning) Amendment Rules, 2024.
• Under the revised rules, farmers with less than two acres of land holding will have to pay Rs 5,000 for stubble burning. It was earlier Rs 2,500.
• Those with land between two and five acres will be fined Rs 10,000, while farmers with over five acres of land will pay Rs 30,000.
• The amendment seeks to standardize the penalty structure, taking into account farmers with smaller landholdings.

Explanation:

• E-bank guarantee facility has been launched by Punjab & Sind Bank.
• Punjab & Sind Bank has launched this facility in partnership with National e-Governance Services Ltd. (NeSL).
• The e-Bank Guarantee (e-BG) facility will replace the paper-based BG issuance process with stamping and signatures.
• This step will reduce the TAT (turnaround time) and increase the ease of business for applicants and beneficiaries.
• NeSL’s e-BG is paperless. It is available in a digital form to the beneficiary of an e-BG on registration on the portal of NeSL.

Explanation:

• On failure of the resolution plan, the Supreme Court ordered Jet Airways’ liquidation.
• Takeover bid by Kalrock Capital and Murari Lal Jalan has been rejected.
• The court determined that the NCLAT's approval of the proposal ignored a Supreme Court ruling from January 2023.
• The court decided that liquidation was best for employees and lenders.
• By permitting the adjustment of a Rs 150 crore performance bank guarantee (PBG) against an infusion need of Rs 350 crore from the Jalan-Kalrock Consortium (JKC), NCLAT disregarded the Court's January 2023 judgement.
• The resolution applicant for Jet Airways is Jalan-Kalrock Consortium (JKC).

Explanation:

• Sultanganj railway station would be renamed after Ajgaibinath Dham.
• Bihar Deputy Chief Minister Samrat Choudhary made this announcement recently.
• Sultanganj railway station is located in the Bhagalpur district of Bihar. Ajgaibinath Dham is a revered Hindu shrine.
• This decision shows commitment of the government to honor the cultural and religious heritage of the region.
• The municipal council has already passed a proposal for this change in name.
• The proposal would now be forwarded to the appropriate authorities for approval.
• Ajgaibinath Temple is an ancient site dedicated to Lord Shiva. It is located in Sultanganj.
• It is notable for its intricate carvings and stone inscriptions.
• The temple of situated along the banks of the holy Ganga River.

Explanation:

• Supreme Court restored DRI officers’ powers to recover dues under the Customs Act.
• The Supreme Court overturned the 2021 verdict and stated that Directorate of Revenue Intelligence (DRI) officers have the authority to issue notices and recover dues under the Customs Act, 1962.
• The Supreme Court has reviewed the decision of the Canon India Pvt Ltd vs Commissioner of Customs case filed by the customs department in 2021.
• A circular was issued by the CBEC in 1999 that empowered officers of the DRI to issue notices under Section 28 of the Customs Act.
• A notification was also issued in 2011 which stated that DRI officers could perform the functions of a “proper officer” under the Customs Act.
• The Directorate of Revenue Intelligence (DRI) is an Indian intelligence agency.
• It is India's apex anti-smuggling intelligence, investigations and operations agency.

Explanation:

• Ministry of Tourism participated in the World Travel Market (WTM), London.
• The Ministry of Tourism participated in World Travel Market (WTM), from 5th– 7th November 2024 at Excel London.
• The United Kingdom is the second largest source market for inbound tourists to India.
• The Ministry of Tourism participated in WTM with a delegation of almost 50 stakeholders including State Governments, inbound tour operators, airlines, and hoteliers from the Indian travel industry.
• This initiative is in line with India's strategic goal to enhance inbound tourism and position the country as a premier global travel destination.
• This year`s India pavilion was focused on MICE, Mahakhumbh and Wedding Tourism.
• 9.5 million Foreign tourists visited India during 2023 out of which 0.92 million visits were from the UK.
• Ministry of Tourism has recently launched the ‘Incredible India Content Hub and Digital Portal’ on the revamped Incredible India digital portal.

Explanation:

• A total of 22 universities from India have found a place in the Asia region of the World University Rankings by QS.
• Indian Institute of Technology Delhi (IITD) has secured the top spot under the Southern Asian category, which includes universities from India and Pakistan.
• A total of 984 universities have found their place in the list from the Asia region.
• 6 universities from India have secured positions in the top 100 universities in Asia.
• Indian Institute of Technology Delhi (IITD) (44th position) clinched the top spot in India.
• Indian Institute of Technology Bombay (IITB) is in the 48th position, and the Indian Institute of Technology Madras (IITM) is in the 56th position.
• National University of Sciences & Technology (NUST) Islamabad shares the 6th position in the South Asian category.
• The rankings are based on the scores obtained by the universities on the different parameters.

Explanation:

• The second edition of Indian Military Heritage Festival started in New Delhi.
• Chief of Defence Staff, Gen Anil Chauhan inaugurated the festival, along with three Service Chiefs.
• The two-day festival aims to engage global and Indian think tanks, public and private undertakings, academicians and research scholars focusing on India’s military history and military heritage.
• Indian Military Heritage Festival is held annually.
• During the inauguration, Project Shaurya Gatha was also launched.
• This project is an initiative of the Department of Military Affairs and the United Service Institution (USI) of India.
• It aims to conserve and promote India’s military heritage through education and tourism.

Explanation:

• Ashish Khanna of India has been elected as the third Director General of the International Solar Alliance (ISA).
• He has replaced Dr. Ajay Mathur. This was announced at the 7th ISA Assembly in New Delhi. ISA aims to mobilize investment of $1 trillion in solar energy by 2030.