Current Affairs Quiz - October, 2024

Notes:
India and the USA have signed a new memorandum of understanding (MoU) to expand and diversify critical minerals supply chains, aiming to leverage their complementary strengths for resilience in the sector. This agreement focuses on equipment, services, policies, and best practices for the commercial development of critical minerals exploration and processing. The MoU is part of broader efforts to enhance innovation ecosystems and secure supply chains in semiconductors and clean energy, following discussions held during the 6th US-India Commercial Dialogue in October 2024.

Notes:
India is aligning its state business readiness rankings with the new World Bank B-READY index. The B-READY (Business-Ready Index) replaces the discontinued Ease of Doing Business rankings. It assesses the business environment of global economies based on regulatory framework, public services, and efficiency. Key areas include digitalization, environmental sustainability, and gender equality. The index evaluates ten parameters across a business’s lifecycle, from starting to closing. It will expand from 54 economies initially to 180 countries by 2026. Global institutions and companies will use it to assess a country’s regulatory and policy environment.

Notes:
SIPCOT, or the State Industries Promotion Corporation of Tamil Nadu, was established in 1971 to foster industrial growth in Tamil Nadu. With 50 industrial parks, it has facilitated over 3,290 industrial units and generated millions of jobs. The initiative aims to enhance the state’s economy, targeting a $1 trillion economy by 2030. SIPCOT focuses on sector-specific parks, innovation centers, and sustainable housing for workers, playing a crucial role in Tamil Nadu’s industrial landscape.

Notes:
The MIDORI Prize for Biodiversity 2024 has been awarded to Vera Voronova from Kazakhstan and Ysabel Agustina Calderón Carlos from Peru. The prize was established by the AEON Environmental Foundation in collaboration with the Convention on Biological Diversity (CBD). It recognizes individuals for their significant contributions to biodiversity conservation and sustainability. The award is given biennially, every two years.

Notes:
Indian shooters dominated the ISSF Junior World Shooting Championship in Peru, winning 24 medals: 13 gold, 3 silver, and 8 bronze. Italy secured second place, while Norway came in third. On the final day, Deepak Dalal, Kamaljeet, and Raj Chandra won the men’s 50m pistol team gold medal. The next major event is the ISSF World Cup Final in New Delhi, scheduled for October 13 to 18.

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The Nobel Prize in Physiology and Medicine 2024 has been awarded to scientists Victor Ambros and Gary Ruvkun. They were recognized for their discovery of microRNA and its role in post-transcriptional gene regulation. MicroRNA is crucial for regulating gene activity. The Nobel Assembly stated that their discovery is vital for understanding how organisms develop and function. The winners receive a prize of 11 million Swedish crowns, equivalent to about $1.1 million.

Notes:
Every year on October 8, India observes Indian Air Force Day to honor servicemen and pilots who sacrificed their lives for the nation. This year, the celebration marks the 92nd anniversary of the Indian Air Force. The event takes place at Marina Beach in Chennai. Indian Air Force Day 2024 falls on a Tuesday, October 8, 2024. The theme for this year is “Bharatiya Vayusena: Saksham, Sashakt aur Aatmnirbhar,” which translates to “Potent, Powerful, and Self-Reliant.”

Notes:
The State of Global Water Resources report 2023 reveals that it was the driest year for global rivers in over three decades. This annual report has been published by the World Meteorological Organization since 2021. It provides a detailed overview of water resources, drawing from various national and international sources. The last five years have seen widespread below-normal river flows and reservoir inflows. All glacier regions reported ice loss in 2023, marking the largest mass loss in 50 years. Over 600 gigatons of water were lost globally, and 3.6 billion people lack adequate water access. This figure is projected to rise to over 5 billion by 2050, indicating a failure to meet Sustainable Development Goal 6.

Notes:
Meghalaya Chief Minister Conrad K Sangma launched the GREEN Meghalaya Plus (GMP) Scheme to enhance and conserve forest cover. The scheme aims to expand forest conservation by offering monetary rewards for protecting forested areas. It follows the Payment for Ecosystem Services (PES) principle, supporting individuals and communities committed to conserving natural forests for at least 30 years. This initiative is part of the state’s PES program launched in 2022 and targets an additional 50,000 hectares for conservation. So far, over 3,000 individuals and communities have benefitted, conserving more than 54,000 hectares of natural forest.

Notes:
Five Russian mountaineers recently died on an expedition on Mount Dhaulagiri. Mount Dhaulagiri is the seventh-highest mountain in the world, with an elevation of 8,167 meters (26,795 feet). It is located in west-central Nepal, part of the Himalayan range, and is the highest mountain entirely in Nepal. Known for snowy peaks and glaciers, Dhaulagiri means “white mountain” in Sanskrit. The first successful climb was by Swiss climber Max Eiselin in 1960. The mountain is challenging due to its tough terrain and unpredictable weather.