PM Modi Launched (2 Jan 2024) Projects Worth ________

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PM Modi Launched (2 Jan 2024) Projects Worth _________ Crore In Tamil Nadu.

Rs 5,000

Rs 10,000

Rs 20,000

Rs 30,000

Correct Answer : Rs 20,000

Prime Minister Narendra Modi on Tuesday (2 Jan 2023) inaugurated, and laid foundation stones of several development projects worth over â‚¹20,000 crore related to the aviation, rail, road, oil and gas, shipping and higher education sectors in Tamil Nadu's Tiruchirappalli.

* He also inaugurated the new terminal building of the Tiruchirappalli International Airport.

* The two-level terminal building has been developed at a cost of over â‚¹1100 crore. It has the capacity to serve more than 44 lakh passengers annually and about 3,500 during peak hours, the Prime Minister's Office (PMO) informed earlier through an official release.

* While addressing the gathering, PM Modi said, " "I wish that the year 2024 is peaceful and prosperous for everyone. It is a privilege that my first public programme in 2024 is happening in Tamil Nadu. Today development projects worth nearly â‚¹20,000 Cr will strengthen Tamil Nadu's progress. I congratulate you for these projects..."

* Expressing his pain over the loss of lives in Tamil Nadu due to recent rains and floods, he said, “The last few weeks of 2023 were difficult for many people in Tamil Nadu. We lost many of our fellow citizens due to heavy rainfall. There has also been a significant loss of property... The central government stands with the people of Tamil Nadu in this time of crisis. We are providing every possible support to the state government.”

* PM Modi reached Tiruchirappalli where he was received by state chief minister MK Stalin and Governor RN Ravi. He participated in the 38th Convocation Ceremony of the Bharathidasan University.

* While addressing the event, he quoted the 'Puthiyathor Ulagam Seivom' Tamil verses of poet Bharathidasan, after whom the university had been named, and said it meant creating a brave new world which is also the university's motto.

* He also said the Indian youth were already creating such a world. The Indian scientists are on the world map through missions like Chandrayaan-3 and 'our innovators took the number of patents from around 4,000 in 2014 to almost 50,000 now.'

* The Prime Minister is on a two-day visit to southern states of Tamil Nadu, Kerala and Union Territory of Lakshadweep from January 2-3, 2024..

Source : Hindustan Times

Published On : January 3, 2024

Solar’s Ascendance in India :

In 2015, India ranked ninth in solar energy deployment, but by 2023, it produced 5.8% of its electricity from solar, up from 0.5% in 2015. This significant increase underscores India’s commitment to clean energy and its pivotal role in mitigating climate change.

Global Solar Growth Trends :

Ember’s report highlights that solar energy witnessed a remarkable increase globally, with 2023’s solar generation exceeding six times that of 2015. The top four solar growth countries, including India, accounted for 75% of this growth, emphasizing the widespread adoption of solar power worldwide.

Published On : May 9, 2024

Q .

India's Toy Exports Slip to _____ Million in 2023-24

$102.92

$121.19

$139.53

$152.34

Correct Answer : Option (D) - $152.34

India’s toy exports experienced a slight decline to USD 152.34 million in the fiscal year 2023-24, with limited benefits from quality control measures. Despite efforts to bolster the domestic industry and ensure product safety, exports did not see significant improvement.

Declining Export Trends :

Export figures dropped marginally from USD 153.89 million in the previous fiscal year to USD 152.34 million in 2023-24, as outlined by the Global Trade Research Initiative (GTRI). Despite a modest increase in exports from FY’2020 to FY’2022, the subsequent year witnessed a downturn.

Import Trends :

Conversely, imports rose to USD 64.92 million in 2023-24 from USD 62.37 million in the preceding year, indicating a persistent challenge in balancing trade dynamics.

GTRI’s Recommendations :

Comprehensive Industry Development Strategy : GTRI Founder Ajay Srivastava emphasized the necessity for a holistic approach to foster the growth of India’s toy industry and bolster exports.

Domestic Ecosystem Strengthening : Developing a robust domestic ecosystem is paramount, alongside measures to encourage renowned global toy brands to establish manufacturing facilities within India’s borders.

Published On : May 9, 2024

Q .

India Leads Global Remittances, Surpassing _____ Billion Mark.

$50

$100

$200

$250

Correct Answer : Option (B) - $100

India emerged as the global leader in remittances in 2022, receiving over $111 billion, surpassing the $100 billion mark for the first time. The International Organisation for Migration (IOM) highlighted India, alongside Mexico, China, the Philippines, and France, as the top five remittance recipient countries.

Consistent Growth: From $53.48 Billion to $111.22 Billion

The UN’s World Migration Report 2024 underscored India’s consistent growth in remittances, noting a rise from $53.48 billion in 2010 to $111.22 billion in 2022. This significant increase showcases India’s pivotal role in the global remittance landscape.

Southern Asia’s Significance in Global Remittances :

The IOM emphasized Southern Asia’s importance as a major recipient of global remittances, attributed to its high proportion of migrant workers and emigrants. India, Pakistan, and Bangladesh all ranked among the top ten recipients worldwide, highlighting the sub-region’s reliance on labor migration.

Prominent Migration Corridors and Destination Countries :

While India ranks 13th as a destination country for immigrants, it features prominently in various international migration corridors, including India-United Arab Emirates, India-Saudi Arabia, and Bangladesh-India, all of which are among the top 10. This indicates India’s significant role in global labor migration patterns.

Published On : May 9, 2024