Current Affairs Quiz - November, 2024

Notes:
West Bengal has launched the Taruner Swapna Scheme. The Taruner Swapna scheme is a government initiative that provides eligible higher secondary students from government schools with Rs 10,000 to buy a tablet or mobile phone. Students from at least 15 districts of West Bengal, including Kolkata, have been affected by the scheme. There have been allegations of irregularities in the scheme, including some students receiving the grant twice, while others did not receive it at all.

Notes:
The Global Freight Summit 2024 started in Dubai on November 18, hosted by DP World. More than 5,000 leaders from 155 countries are attending the three-day event. The theme is “Acting today to reach the opportunities of tomorrow.” Discussions focus on AI, blockchain, sustainable shipping, and resilient trade routes. Indian firms like Wipro, Tech Mahindra, and SRM Tech are participating.

Notes:
India is projected to lead the G20 in 2024 with a 7% GDP growth rate, reflecting its robust and fast-growing economy. Indonesia ranks second with 5%, followed by China at 4.8%. Russia (3.6%) and Brazil (3%) rank fourth and fifth, with the African region also at 3%. The US is at 2.8%, while Canada (1.3%) and Australia (1.2%) show slower growth. France, the EU, and the UK are at 1.1%, Italy at 0.7%, and Japan at 0.3%. Germany has zero growth, the lowest among advanced countries. The G20 Summit in Brazil focuses on hunger, poverty, inequality, sustainable development, and governance reforms.

Notes:
Department of Investment and Capital Asset Management (DIPAM) has issued revised capital restructuring norms for Central Public Sector Enterprises (CPSEs). Financial sector CPSEs like NBFCs must pay a minimum annual dividend of 30% of net profit or 4% of net worth, whichever is higher. These guidelines do not apply to public sector banks, insurance companies, or body corporates. DIPAM operates under the Ministry of Finance and manages Central Government investments in CPSEs. Its key functions include strategic disinvestment, privatisation, minority stake sales, and matters related to capital restructuring, bonuses, and dividends.

Notes:
World Fisheries Day is celebrated annually on November 21 to promote sustainable fisheries and recognize the role of small-scale fishers in food security and livelihoods. It originated in 1997 during the World Forum on Fish Harvesters and Fish Workers (WFF) in New Delhi, which led to the creation of the World Fisheries Forum. The FAO and WFF proposed the day, which was adopted by the FAO General Assembly in 2003. Fisheries provide over 20% of animal protein for 3 billion people globally but face threats like overfishing, climate change, and pollution. The day promotes responsible fisheries management and conservation.

Notes:
Coal India Limited (CIL) received the Green World Environment Award in the Corporate Social Responsibility (CSR) category and the title of Green World Ambassador. The award recognizes CIL’s exemplary CSR work through the Thalassemia Bal Sewa Yojna, providing curative treatment for over 600 Thalassemia patients via stem cell or Bone Marrow Transplants (BMT). Launched in 2017, it was the first CSR project by a PSU for Thalassemia treatment in India. Financial assistance of up to ₹10 lakh is provided per patient under the scheme. CIL partners with 17 leading hospitals across India for the initiative.

Notes:
Nafithromycin, developed by Wockhardt with support from BIRAC, is India’s first indigenously produced antibiotic targeting antimicrobial resistance (AMR). It is designed to treat Community-Acquired Bacterial Pneumonia (CABP) and is ten times more effective than azithromycin. This significant breakthrough follows 14 years of research and aims to address the global health crisis of AMR, which is responsible for millions of deaths annually. The drug awaits final approval from the Central Drugs Standard Control Organization (CDSCO) for public use.

Notes:
The Ministry of Science and Technology launched India’s first Artificial Intelligence (AI) Data Bank to drive innovation and strengthen national security. It provides researchers, startups, and developers access to diverse, high-quality datasets for scalable AI solutions. The launch was by Minister Jitendra Singh at the 7th ASSOCHAM AI Leadership Meet 2024, themed “AI for India: Advancing AI Development – Innovation, Ethics, and Governance.” The AI Data Bank supports real-time analytics for satellite, drone, and IoT data to enhance national security. It also aids predictive analytics in disaster management and cyber security, aligning with India’s AI roadmap.

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National Fertilizers Limited (NFL) has entered the nano liquid urea production market. Nano Urea, developed and patented by Indian Farmers Fertiliser Cooperative Limited (IFFCO), provides nitrogen to plants through nanotechnology. It is the only nano fertilizer approved by the Indian government and included in the Fertilizer Control Order. Nano Urea has a particle size of 20-50 nm, offering more surface area and nitrogen particles than conventional urea. It is energy-efficient, eco-friendly, and reduces nitrogen loss to the atmosphere.

Notes:
The Arkavathy River in Karnataka has been found to contain heavy metals and toxic substances like mercury, DDT, polycyclic aromatic hydrocarbons (PAH), and fluoride. It is a major tributary of the Kaveri River, originating at Nandi Hills in Chikkaballapura district. The river flows 190 km and meets the Kaveri River near Kanakapura in Ramanagara district. One-third of Bengaluru is within its 4,150 sq. km basin. The river has three tributaries: Kumudavathi, Suvarnamukhi, and Vrishabhavathi. It feeds two key reservoirs: Hesaraghatta and Thippagondanahalli, both supplying water to Bengaluru.