Correct Answer : Yellowstone National Park
Yellowstone National Park, established on March 1, 1872, is recognized as the first national park in the United States and the world. Located primarily in Wyoming, with parts in Montana and Idaho, it is renowned for its geothermal features, such as the iconic Old Faithful geyser, and its diverse wildlife, including grizzly bears, wolves, and bison. The establishment of Yellowstone marked the beginning of the national park system and the global conservation movement, highlighting the importance of preserving natural landscapes and biodiversity.
Correct Answer : New Delhi
The World Heritage Committee Meeting 2024 is taking place in New Delhi, India, from 21 to 31 July 2024 at Bharat Mandapam. This marks the first time India is hosting the event. The committee meets annually to manage World Heritage matters and decide on new sites for the World Heritage list. The 46th session will examine 27 nominations from various categories, including India's Moidams, the mound-burial system of the Ahom Dynasty, under Cultural Property. Hosting this prestigious event highlights India's role in global heritage conservation efforts.
Correct Answer : July 24
National Income Tax Day in India is a notable occasion in the country's fiscal calendar. It highlights the importance of income tax as a key revenue source for the government. This day, observed on July 24, commemorates the introduction and significance of income tax, which plays a vital role in funding public services and infrastructure. The selection of this specific date marks an acknowledgement of income tax's role in shaping India's economic policies and governance. Observing this day underscores the ongoing efforts to enhance tax compliance and awareness among citizens.
Correct Answer : Bibhuti Bhusan Nayak
CMA Bibhuti Bhusan Nayak, a seasoned Cost Accountant with over three decades of experience, has been unanimously elected as the 67th President of the Institute of Cost Accountants of India (ICMAI) for the 2024-2025 term. Nayak's extensive background includes serving as Deputy General Manager (Finance) at Odisha Power Transmission Corporation Limited (OPTCL) and holding various leadership roles within ICMAI. His election marks a significant achievement for both Nayak and the ICMAI community, particularly in Odisha, where he is the third Cost Accountant to achieve this prestigious position.
Correct Answer : 82nd
India holds the 82nd position in the Henley Passport Index for 2024, allowing visa-free entry to 58 countries. The Henley Passport Index ranks passports based on the number of destinations their holders can access without a prior visa. Singapore leads the 2024 index, offering visa-free access to 195 destinations. India shares its 82nd rank with Senegal and Tajikistan, highlighting its moderate global mobility compared to other nations. This ranking reflects changes in visa policies and international relations, impacting the travel freedom of passport holders.
Correct Answer : 21.71%
The Forest Survey of India (FSI) conducts a biennial assessment of the country's forest cover. According to the India State of Forest Report (ISFR) 2021, the total forest cover is 7,13,789 square kilometres, which constitutes 21.71% of India's geographical area. This statistic highlights the extent of forested regions in the country, reflecting efforts towards forest conservation and management. Understanding these figures is crucial for environmental planning and policy-making aimed at maintaining and increasing forest cover to ensure ecological balance and sustainability.
Correct Answer : Haryana
NTPC Vidyut Vyapar Nigam Ltd. is establishing two waste-to-charcoal plants in Haryana, specifically in the districts of Gurugram and Faridabad. These plants, costing ?500 crore each, will convert 1,500 tonnes of daily waste into charcoal using indigenous technology. This initiative aims to support the Swachh Bharat campaign, enhance urban cleanliness, and promote environmental sustainability. The green coal plants will be the largest in India, surpassing the current facility in Varanasi, and are expected to be completed in about 30 months.
Correct Answer : SIDBI
The Small Industries Development Bank of India (SIDBI) received funding approval of $215.6 million from the Green Climate Fund to establish a $1 billion corpus for financing mitigation and adaptation projects for Medium and Small Enterprises (MSMEs). This fund aims to provide nearly 10,000 concessional loans to promote low-emission, climate-resilient technologies, contributing to substantial greenhouse gas emission reductions and benefiting millions of vulnerable communities.
Correct Answer : World Intellectual Property Organisation
The Atal Innovation Mission (AIM) at NITI Aayog and the World Intellectual Property Organisation (WIPO) partnered on 22 July 2024 to develop joint innovation programs in the Global South. This partnership aims to leverage India’s innovation models for similar developing countries, enhance intellectual property awareness, and foster inclusive and sustainable economic growth. WIPO’s involvement underscores its commitment to integrating youth in the global IP ecosystem and promoting innovation and creativity to achieve the Sustainable Development Goals.
Correct Answer : KV Subramanian
KV Subramanian has been appointed as the new Managing Director and Chief Executive Officer of Federal Bank, with his term starting on September 23, 2024. Prior to this role, Subramanian was the Joint Managing Director of Kotak Mahindra Bank. Federal Bank, headquartered in Aluva, Kerala, is a prominent Indian private sector bank founded on April 23, 1931, by K. P. Hormis. His appointment marks a significant leadership transition for the bank.
