Correct Answer : Option (B) - Nagaland

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The Kohima Peace Memorial and Eco Park in Nagaland hold profound significance, celebrating the collaborative effort between the Government of Japan, the Japanese International Cooperation Agency, and the Government of Nagaland. The inauguration of these projects represents not only historical importance but also serves as a symbol of peace, reconciliation, and educational value.

Ambassador Suzuki’s Reflections on the Battle of Kohima

* Speaking at the program, Ambassador Hiroshi Suzuki, the Japanese Ambassador to India, acknowledged that the Japanese people remembered the Battle of Kohima, along with the “Battle of Imphal,” as one of the most disastrous battles of World War II. He expressed sympathy for the people of Nagaland, who had nothing to do with the war but inevitably had to endure great suffering.

* Ambassador Suzuki offered prayers for the souls of all people of Nagaland, Japanese soldiers, Indian National Army soldiers, and those who fought on the British Commonwealth side, who lost their lives in the battle.

Kohima Peace Memorial: A Solemn Tribute

* Expressing happiness at witnessing the inauguration of the Kohima Peace Memorial, Ambassador Suzuki stated that the monument enables everyone to stand in solemn silence and offer sincere prayers to all the victims of the battle. He extended his deepest sympathy and heartfelt condolences to the people of Nagaland for the indescribable sufferings they endured during the Battle of Kohima.

Correct Answer : Option (D) - $500,000

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India has reaffirmed its dedication to the global fight against terrorism by contributing $500,000 to the UN Counter-Terrorism Trust Fund (CTTF). Ambassador Ruchira Kamboj, India’s Permanent Representative to the UN, delivered the contribution to Under Secretary General Vladimir Voronkov on May 7. This financial support adds to India’s ongoing commitment, totaling $2.55 million, aimed at bolstering multilateral efforts against terrorism.

Significance of India’s Contribution :

India’s donation to the CTTF will aid in financing crucial programs under the United Nations Office of Counter-Terrorism (UNOCT), particularly the Countering Financing of Terrorism (CFT) and Countering Terrorist Travel Programme (CTTP). These initiatives focus on enhancing the capabilities of member states in eastern and southern Africa to combat terrorism financing and prevent terrorist movements and travel.

Background of UN Counter-Terrorism Efforts :

In response to the 9/11 attacks, the UN Security Council established the Counter-Terrorism Committee (CTC) to monitor the implementation of relevant resolutions. The committee addresses various aspects of counter-terrorism, including strategies, financing, border security, law enforcement, human rights, and countering violent extremism.

Correct Answer : Option (C) - R. Lakshmi Kanth Rao

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The Reserve Bank of India (RBI) has appointed R. Lakshmi Kanth Rao as Executive Director, effective from May 10, 2024. Rao brings over 30 years of experience at the RBI, having previously served as Chief General Manager in charge of the Department of Regulation.

Responsibilities :

Deposit Insurance and Credit Guarantee Corporation (DICGC) : Rao will oversee operations related to the Deposit Insurance and Credit Guarantee Corporation, ensuring the protection of depositors’ interests.

Right to Information Act (FAA) and Department of Communication : In his role as Executive Director, Rao will be responsible for handling matters concerning the Right to Information Act and managing communications within the RBI.

Professional Background :

Rao holds a commerce degree and a master’s in business administration with a specialization in finance from Sri Venkateswara University, Tirupati. Additionally, he is certified by the Indian Institute of Banking and Finance (IIBF), having completed a diploma in TIRM (Treasury and Risk Management).

Throughout his career, Rao has contributed significantly to banking regulation, supervision, and consumer protection, serving in various capacities such as banking ombudsman and regional director. He has also been actively involved in policy formulation, participating in numerous committees and working groups.