Which State is set to introduce its maiden online gaming industry, named "1st State Esports Academy"?

Daily Current Affairs

Karnataka

Tamil Nadu

Madhya Pradesh

Uttar Pradesh

Correct Answer : Madhya Pradesh

India's first online gaming academy, the Madhya Pradesh government's sports department has extended the E-sports Jr Championship registration date from July 27 to August 1, 2023.

* An astounding 40,000 registrations have flooded in for the 200 available seats in the academy.

* Given the overwhelming enthusiasm from the youth, the sports department has also extended the last date for registration to July 27, 2023.

* Aspiring young e-sports athletes will secure their spots in the academy based on their rankings in the championship. The selection process reserves 80 percent of seats for youth from the state and 20 percent for participants from other regions.

* Sports Minister Yashodhara Raje Scindia told ToI that the chosen youth will receive comprehensive training to compete at the international level. Not limited to grooming champion gamers, the academy aims to nurture careers in various aspects of the gaming industry, including content creation, casting, tournament operation, coding, data analysis, game development, and more.

* With a staggering 630 million gamers, India is on the verge of becoming an esports powerhouse on the global stage. The upcoming academy will be the first of its kind in the state, empowering young individuals with gaming education and training, opening doors to professional careers.

* Minister Scindia emphasized that the academy's participants will not only bring glory to the state and the nation by winning medals but also forge promising paths in their professional lives.

E-sport Championship Format :

* Youth aged 12 to 17 can register for the E-sports Junior Championship online.

* The championship offers two categories: 'Open' and 'Professional,' and participants can register individually or as teams.

* SMS or WhatsApp notifications will keep the youth informed about their registrations.

* Both individual and team registrations are eligible for free entry to the group stage.

* The selected players for the academy will be announced within two weeks of the championship's conclusion.

Published On : July 31, 2023

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