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Daily & Latest Current Affairs in 2024

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A)
Tamil Nadu
B)
Punjab
C)
Haryana
D)
Uttar Pradesh

Correct Answer :   Haryana


The Haryana Government appointed nodal officials to facilitate the Ministry of Railways (MoR) to ensure the timely implementation of PM Gati Shakti - National Master Plan for establishing goods sheds in every district of Haryana.

A decision was taken at a meeting chaired by Chief Secretary Sanjeev Kaushal at Chandigarh 20th July 2023.

Additional Deputy Commissioners and Executive Engineers of PWD (Building and Roads) will coordinate and supervise the smooth functioning of goods sheds within their respective districts. This strategic move is expected to significantly boost the State's economy, enhancing trade and logistics across the region.

 
The Chief Secretary said that the setting up of these goods sheds will have a transformative impact on Haryana's transportation network, leading to increased trade and commerce within the state.

He reaffirmed the State government's unwavering commitment to ensuring the successful execution of this strategic move.
 
Indian Railways has also undertaken the comprehensive revamping of 29 railway stations in Haryana, envisioning them as vibrant centres of economic activity for the respective cities and towns where they are situated..

Source : AIR

Published On : July 21, 2023
A)
2025
B)
2027
C)
2029
D)
2031

Correct Answer :   2031


Minister of State for Atomic Energy and Space "Dr Jitendra Singh" 20th July 2023 said that nuclear power capacity has set to increase from over 7000 Mega Watt to over 22,480 Mega Watt by 2031.

The present installed nuclear power capacity in the country is 7480 Mega Watt comprising 23 nuclear power reactors.

Dr Singh said this in a written reply to a question in the Rajya Sabha. The Minister said, the share of nuclear power in the total electricity generation in the country was about 2.8 percent in 2022-23..

Source : AIR

Published On : July 21, 2023
A)
Vivek Sinha
B)
Sat Pal Bhanoo
C)
Kishan Kumar
D)
Mudit Chauhan

Correct Answer :   Sat Pal Bhanoo


Life Insurance Corporation (LIC) on Wednesday (19th July 2023) said that it has appointed Sat Pal Bhanoo as the Managing Ddirector of the company.

Sat Pal Bhanoo, Additional Zonal Manager (In-Charge) Zonal Office, LIC of India, Bhopal, has been appointed as Managing Director, LIC of India vice Siddhartha Mohanty (presently serving as Chairperson) with effect from the date of assumption of charge of office and up to the date of his superannuation (i.e.31.12.2025), or until further orders, whichever is earlier," LIC said in a statement.

The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions, had recommended the name of Sat Pal Bhanoo for the post of managing director of LIC.

Earlier, M. Jagannath was appointed as one of the managing directors in LIC board. He had taken charge of the position on March 13, 2023.

The government had also approved the appointment of Siddhartha Mohanty as the interim chairman of LIC for three months with effect from March 14.

The government was also set to appoint a full-time chairman at LIC by June 2023..

Source : Mint

Published On : July 21, 2023
A)
Japan
B)
Brazil
C)
Germany
D)
Argentina

Correct Answer :   Japan


Japan has become the second Quad partner after the United States to sign an agreement with India for the joint development of the semiconductor ecosystem and maintain the resilience of its global supply chain.
     
The agreement was signed between Union Minister for Electronics and IT Ashwini Vaishnaw and Japan's Minister of Economy, Trade and Industry Yasutoshi Nishimura in the national capital on Thursday (20th July 2023).
     
Vaishnaw said, "Japan and India have signed a memorandum for semiconductor design, manufacturing, equipment research, talent development and to bring resilience in the semiconductor supply chain"
     
The nations will create an "implementation organisation" that will work on government-to-government and industry-to-industry cooperation, Vaishnaw added.
     
"Everybody wants a resilient semiconductor supply chain and in this India and Japan are very important partners. This is in furtherance with our Prime Minister Shri Narendra Modi Ji's very successful state visit to US where many agreements were signed and that is reflecting in cooperation with other countries today," Vaishnaw said.
     

With around 100 semiconductor manufacturing plants, Japan is among the top five countries to have a semiconductor ecosystem.
     
"Semiconductor industry will become a USD 1 trillion industry from USD 650 billion at present. This will require a huge amount of talents, significant growth at multiple locations in the world. Japan sees India as a partner where complimentary strengths can be used," Vaishnaw said.
     
The minister said that Japan houses companies that are global leaders in raw form of semiconductor wafers, chemical and gases, lenses that are used in chip manufacturing equipment, display technologies etc.
     
"If we can bring this base to India, it will be a big milestone," Vaishnaw said. The minister said that the government has started discussion with Japan's state backed semiconductor industry body Rapidus for collaboration in the segment.
     
When asked about the impact of China restricting export of critical semiconductor elements gallium and germanium, the minister said that the move has very small impact as there are many more sources of these critical elements in the world..

Source : Outlook

Published On : July 21, 2023
A)
Yes Bank
B)
Canara Bank
C)
State Bank of India
D)
Punjab National Bank

Correct Answer :   Canara Bank


An MoU has been signed between the Ministry of Culture and Canara Bank on 28.06.2023 for disbursal of financial assistance to the selected beneficiaries under the “Scheme for Financial Assistance for Veteran Artists” earlier known as “Scheme for Pension and Medical Aid to Artists”.

As per the MoU, master data of selected beneficiaries both for fresh as well as legacy data is to be uploaded by the Ministry in the online portal to be developed by the Canara Bank for this purpose.

Based on the scheme guidelines Canara Bank is required to work out the quarterly requirement of funds and raise the demand for the same to the Ministry. Upon receipt of demand of funds from Canara Bank, the same will be released in advance on quarterly basis by the Ministry to the Bank for releasing the same on monthly basis to the eligible beneficiaries.

An artist aged 60 years and above who have contributed in the field of art and culture in their active age and whose annual income is not more than Rs. 48,000/- can apply under the scheme either through Art & Culture Department of concerned State Government/UT or Zonal Cultural Center.

Release of financial assistance on monthly basis to the eligible beneficiaries is one of the main objectives of the MoU entered with Canara Bank. Under this scheme an amount of Rs. 26.00 crore has been allocated in B.E. for the year 2023-24.

To ensure transparency and efficient utilization of funds, the scheme guidelines provides for direct transfer of amount to the account of selected beneficiaries.

This reply was given by Minister of Culture, Tourism and Development of North-Eastern Region Shri G Kishan Reddy in Rajya Sabha 20th July 2023..

Source : PIB

Published On : July 21, 2023
A)
July 18
B)
July 19
C)
July 20
D)
July 21

Correct Answer :   July 20


International Chess Day is celebrated on July 20 every year to commemorate the founding of the International Chess Federation (FIDE) in 1924.

FIDE is the governing body of international chess and is responsible for organising the World Chess Championship and other major chess tournaments.


International Chess Day History : International Chess Day was officially declared by the United Nations General Assembly on December 12, 2019. However, World Chess Day is celebrated on July 20 each year as the date coincides with the founding of the FIDE in 1924.

Chess, which originated in India around the 6th century, was originally known as 'chaturanga'. It eventually spread to Persia and then to the Islamic world, before reaching Europe by the late middle ages. The game has since evolved and grown exponentially, becoming a popular pastime and competitive activity worldwide.

International Chess Day Significance 2023 : International Chess Day is significant because it is not only for chess enthusiasts but also for communities worldwide. The day serves to highlight the educational benefits of chess, enhancing cognitive abilities, logical reasoning, and strategic thinking in children and adults alike. It also celebrates the game's universal appeal, transcending linguistic, cultural, and geographical barriers, as it is played in every corner of the world.

Moreover, chess fosters camaraderie and sportsmanship, teaching lessons in patience, decision-making, and resilience. The game, despite its competitive nature, encourages dialogue and mutual respect between opponents, making it a metaphor for peaceful coexistence.

Published On : July 20, 2023
A)
G. Kishan Reddy
B)
Narendra Singh Tomar
C)
Mansukh L. Mandaviya
D)
Parshottam Rupala

Correct Answer :   Parshottam Rupala


Under the aegis of Azadi Ka Amrit Mahotsav and the Agriculture Working Group (AWG) of G20, Shri Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry & Dairying inaugurated an International Symposium on Sustainable Livestock Transformation at NDDB, Anand 18th July 2023.

Shri Rupala commended NDDB for organising the symposium and emphasised the role of technology in the livestock sector. He said that the Symposium deliberations will help disseminate various innovations in livestock sector for sustainable transformation.

Praising Prime Minister’s developmental initiatives for the Animal Husbandry & Dairy Sector, Shri Rupala said that he has made animal husbandry an independent ministry, which has significantly contributed to the sector’s growth.

Deployment of mobile veterinary units, breed multiplication farms and NADCP are examples of it. PM had also allocated funds for cattle vaccination, a year before COVID struck the world. Shri Rupala informed about a model app for pandemic preparedness related to animal husbandry.

Aims : To promote insightful discussions and collaborations to ensure a more efficient and sustainable future for the global livestock sector.

“Vasudaiva Kutumbakam” is the signature theme of India’s G20 Presidency..

Source : PIB

Published On : July 20, 2023
A)
New Delhi
B)
Mumbai
C)
Ahmedabad
D)
Bengaluru

Correct Answer :   New Delhi


Minister of State for Communication Shri Devusinh Chauhan and Director General, Universal Postal Union (DG UPU) Mr Masahiko Metoki inaugurated the Regional Office of UPU here 19th July 2023.

The Regional Office will undertake UPU’s technical assistance activities in South Asia region by entering into a host country agreement by Department of Posts, India.

The Regional Office of UPU in India will serve as a vital platform for exchanging ideas, experiences and expertise, thereby accelerating the modernisation and transformation of the postal sector. It will act as a hub for promoting collaboration among UPU member countries in the Asia Pacific region, encouraging innovation and facilitating knowledge sharing to enhance postal services.

India also announced contribution of USD 2,00,000 over a period of four years towards the UPU’s Development and Technical Assistance activities through Asia Pacific Postal Union. This financial contribution aims to support capacity building, infrastructure development, and other essential activities to strengthen the postal sector in the region.

Establishment of the UPU Regional Office in India is a significant step towards India’s commitment for South-South cooperation and its active role in global postal development.

It will also create opportunities for joint initiatives and capacity building programmes that will enhance the quality of postal services, cross-border e-commerce and contribute to economic development and social well-being..

Source : PIB

Published On : July 20, 2023
A)
Infosys
B)
Tech Mahindra
C)
Tata Consultancy Services
D)
Cognizant Technology Solutions

Correct Answer :   Cognizant Technology Solutions


Cognizant Technology Solutions along with Max Life Insurance has launched an innovation and development center in Chennai.

The facility will bring together teams from both companies to accelerate Max Life’s digital transformation efforts. The companies did not disclose investment in the new centre and the number and nature of staff it would house.

It will drive product innovation, enhance customer experience, and drive operational excellence for Max Life. Cognizant will contribute with its expertise in consulting and emerging technologies, including artificial intelligence, automation, and cloud transformation.

“The launch of this innovation-led joint offsite development center is designed to bring to Max Life the ability to drive rapid pace to its core transformation programs, build superior customer experiences and drive delivery efficiency at scale,” Manu Lavanya, Director and Chief Operations Officer, Max Life, said.

Cognizant and Max Life have a 15-year-long partnership, which has helped Max Life deploy several digital transformation initiatives including cloud migration, cutting-edge applications, payment gateway unifications and faster onboarding systems, among others..

Source : Times of India

Published On : July 20, 2023
A)
Mumbai Diamond Bourse
B)
Surat Diamond Bourse
C)
Delhi Diamond Bourse
D)
Bengaluru Diamond Bourse

Correct Answer :   Surat Diamond Bourse


A building in India’s diamond city of Surat has surpassed The Pentagon to become the world’s largest office. Surat in Gujarat state is known as the world’s diamond capital, where 90 per cent of the precious stones are cut.

Surat Diamond bourse

It will now house the world’s largest office building, the Surat Diamond Bourse, dedicated to the gemstone industry.

The 15-storey building has more than 7.1 million square feet of floor space, outdoing The Pentagon, the headquarters of the US defence department in Arlington Co, Virginia, which has 6.5 million sq ft.

It is 81.9 metres tall and cost 32 billion rupees ($38 million) to build.

The Diamond Bourse was designed by Delhi-based Morphogenesis and is based on the concept of Panchtatva, the five elements of nature – water, fire, air, earth and sky.

“It is the world’s largest building,” Sonali Rastogi, co-founder of Morphogenesis, told The National. "It houses different sizes of offices but are all meant for diamond merchants.

"There are 300 sq ft to 25,000 sq ft offices. It has been built for the diamond merchant community."

The building has a unique design of nine interconnected rectangular structures emanating from a central spine.

It can house more than 4,700 diamond offices and 65,000 industry professionals, including cutters, polishers and traders, the architects said.

The building offers dining, retail, wellness and conference services and has marble floors and light-filled atriums connecting all office space.

There are courtyards with seating and water features.

Ms Rastogi said no office takes longer than seven minutes to reach from any of the building’s entry gates.

Construction started in 2019 although not with the intention of creating the world’s largest office building, she said.

“It was a global, two-stage competition that was floated by the committee of the Surat Diamond Board,” she said.

"We won the competition. It took us four and a half years to finish the building.

“When it started, it wasn’t trying to become the largest building. Slowly some of the requirements grew and some things got added to the project and then it turned out to be bigger than the Pentagon.”

Surat Diamond bourse

The building was ready on time and diamond companies had bought all available office space before construction was complete, Ms Rastogi said.

It will welcome its first occupants in November and is likely to be officially opened by Prime Minister Narendra Modi, whose home state is Gujarat.

“Surat Diamond Bourse showcases the dynamism and growth of Surat's diamond industry,” Mr Modi tweeted on Wednesday.

"It is also a testament to India’s entrepreneurial spirit.

"It will serve as a hub for trade, innovation and collaboration, further boosting our economy and creating employment opportunities."


Objectives of SDB :

* To promote imports, exports and trading of Diamonds, Gems & Jewellery from India.
* To provide state-of-the-art infrastructure to the organizations engaged in manufacturing & trading of diamonds.
* To promote, advance, protect and develop trade, commerce and industry relating to Gems & Jewellery including cutting, polishing and processing.
* To establish and maintaining an International Trading Center in India to facilitate Diamond, Gems & Jewellery industry.
* To develop India as a modern and sophisticated Diamond, Gems & Jewellery market in the world.

Read More : https://www.suratdiamondbourse.in/

Published On : July 20, 2023