Correct Answer :   €4 billion

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In a move that underscores its commitment to artificial intelligence (AI) and cloud computing, tech giant Microsoft Corp. has announced plans to invest a staggering €4 billion (approximately $4.3 billion) in building cloud and AI infrastructure in France. This latest investment highlights the company’s continued focus on advancing its AI capabilities and expanding its cloud services globally.

Nurturing AI Talent and Supporting Startups :

Microsoft’s investment aims to create a vibrant AI ecosystem in France. The company aims to train a million people and provide support to 2,500 startups by 2027. This initiative aligns with France’s strategic focus on developing AI as a key area of growth and innovation.

Collaboration with French AI Startup Mistral AI :

Earlier this year, Microsoft unveiled a partnership with Mistral AI, a Parisian startup competing in the AI realm. The collaboration included a €15 million investment from Microsoft, further solidifying the company’s commitment to fostering AI innovation in France.

Supporting France’s AI and Tech Ambitions :

Microsoft’s announcement coincides with President Emmanuel Macron’s “Choose France” summit, which aims to attract foreign companies and position France as a financial hub for the European Union. The investment is part of a broader effort to promote France’s AI and technology ambitions, with other tech giants like Amazon.com Inc. also committing significant investments in infrastructure and computing.

Global AI and Cloud Investments :

Microsoft’s investment in France is part of the company’s broader strategy to accelerate spending on its Azure cloud and related AI tools. Earlier this year, the company announced a similar €3.2 billion investment in Germany, and in April, it invested $1.5 billion in the Abu Dhabi AI firm G42.

Regulatory Scrutiny and Antitrust Concerns :

While Microsoft continues to make significant investments in AI and cloud computing, the company is facing increasing antitrust scrutiny over its cloud business and AI investments, including the more than $10 billion it has invested in OpenAI.

As the race for AI supremacy intensifies, Microsoft’s investment in France underscores the company’s commitment to staying at the forefront of this rapidly evolving technology landscape while fostering innovation and collaboration with local partners.

Correct Answer :   Saharanpur

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The Yamuna River enters Uttar Pradesh from the Saharanpur district. This marks the transition of the river from the Himalayan foothills to the plains of the Doon Valley.

Uttar Pradesh, a state known for its rich cultural heritage and religious sites, boasts several significant rivers, among which the Ganges and the Yamuna hold special reverence. These rivers not only hold cultural significance but also serve as major sources for drinking water and irrigation in India. While it is common knowledge that the Yamuna River merges with the Ganges at Prayagraj, Uttar Pradesh, many may not know from which district the Yamuna enters the state. This article aims to shed light on this lesser-known aspect.

Where Does the Yamuna Originate?

The Yamuna River originates from the Yamunotri Glacier, located in Uttarkashi district of Uttarakhand, India. It emerges from the Himalayas, near the holy shrine of Yamunotri, and flows through the picturesque valleys of Uttarakhand before entering the plains. This glacier-fed river holds immense religious significance in Hinduism and serves as a vital water source for millions of people as it journeys through various regions of North India.

Yamuna, a Major Tributary of Ganga River

The Yamuna River is a significant tributary of the Ganges, flowing parallel to it through Uttar Pradesh, India. After entering the state, it merges with the Ganges at Prayagraj, forming a confluence considered sacred by Hindus. The Yamuna contributes to the Ganges’ flow and holds cultural and religious importance in the region.

Tributaries of the Yamuna River

Several rivers act as tributaries to the Yamuna. On its right bank, it is joined by rivers like the Chambal, Sindh, Betwa, and Ken. On the left bank, tributaries include the Tons, Hindon, Sharda, Kandak, Giri, Rishi Ganga, and Hanuman Ganga.

Which Districts is the Entry Point of Yamuna River in Uttar Pradesh?

The Yamuna River enters Uttar Pradesh from the Saharanpur district. This marks the transition of the river from the Himalayan foothills to the plains of the Doon Valley. Saharanpur, Uttar Pradesh’s northernmost district, is renowned for its woodworking industry and is home to the state’s first Elephant Reserve. Additionally, it hosts the annual Shakumbhari Mela, further adding to its cultural significance.

Correct Answer :   May 15th

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Every year on May 15th, we celebrate the International Day of Families. It’s a special day to recognize how essential families are in our society. The United Nations established this day in 1994 to help people understand why families matter, what challenges they might face, and to encourage people to come together in support.

The Origins of International Day of Families :

The idea for the International Day of Families emerged in 1989 when the UN declared 1994 as the International Year of the Family. They recognized the changing social and economic landscapes that were impacting families worldwide. The International Day of Families was created to continue the conversation about families and the issues they face.

Significance: Families are the Building Blocks of Society :

Strong families provide love, support, and a sense of belonging to their members. This day reminds us of the vital role families play and encourages us to work together to create a world where all families can thrive.

2024 Theme: ‘Families & Climate Change: International Year Of The Family + 30’ :

Climate change negatively impacts the health and well-being of families through increased pollution and extreme weather events. These events often lead to forced displacement and loss of livelihoods for families, impacting agricultural productivity and access to water, intensifying hunger and vulnerability.

Empowering families through education, changing consumption habits, and advocacy is critical for meaningful and effective climate action. Families pass values across generations, so instilling sustainable habits and climate awareness from an early age is important.

Taking Action: Families as Drivers of Sustainable Change :

The 2024 International Day of Families aims to raise awareness of how climate change impacts families and the role families can play in climate action. Through family and community initiatives, we can foster climate action with education, access to information, training, and community participation.

Families as consumers and advocates can drive the transition to a circular economy based on minimizing waste and regenerating natural resources. Integrating these principles into early childhood education can help build a sustainable economic model for the future.

On this International Day of Families, let us celebrate the diverse roles families play and their potential to drive positive change for a more sustainable world.

Correct Answer :   ?1.4 Lakh Crore

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In the financial year ending March 2024, the cumulative profit of public sector banks (PSBs) surged, reaching over ?1.4 lakh crore, marking a significant 35% increase from the previous year’s earnings of ?1.04 lakh crore. State Bank of India (SBI) emerged as a major contributor, accounting for over 40% of the total earnings.

Key Highlights :

SBI Leads with 22% Growth : SBI, the market leader, reported a profit of ?61,077 crore, reflecting a robust 22% increase from the preceding fiscal year.

Notable Profit Surge Among PSBs : Punjab National Bank recorded the highest net profit growth percentage at 228%, followed by Union Bank of India with 62% and Central Bank of India with 61% rise.

Significant Profit Growth : Several PSBs witnessed substantial profit growth, including Bank of India (57%), Bank of Maharashtra (56%), and Indian Bank (53%).

Punjab & Sind Bank’s Decline : Punjab & Sind Bank experienced a 55% decline in net profit, contrasting with the industry’s overall positive trend.

High Earning PSBs : Bank of Baroda and Canara Bank reported annual profits exceeding ?10,000 crore, with ?17,788 crore and ?14,554 crore respectively.

Turnaround Story : The PSB sector has transitioned from significant losses in FY18 to record profits in FY24, attributed to government initiatives and reforms spearheaded by Prime Minister Narendra Modi and key officials.

Government’s 4R Strategy : The government implemented a comprehensive strategy involving Recognizing NPAs transparently, Resolution and recovery, Recapitalizing PSBs, and Reforms in the financial ecosystem.

Recapitalization Program’s Impact : With an infusion of ?3,10,997 crore over five financial years, PSBs received vital support, averting potential defaults.

Impact of Reforms : Reforms focused on enhancing credit discipline, responsible lending, governance improvements, technological adoption, and bank amalgamations, fostering confidence among bankers and stakeholders.

Correct Answer :   Tamil Nadu

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P Shyaamnikhil from Tamil Nadu has etched his name in the annals of Indian chess history by becoming the country’s 85th Grandmaster (GM). The 31-year-old chess prodigy, who embarked on his journey at the tender age of eight, finally secured the coveted third and final GM norm at the prestigious 2024 Dubai Police Masters Chess Tournament.

Conquering the Ultimate Challenge :

Before the start of the Dubai event, Shyaamnikhil needed just one win and eight draws to attain the coveted GM title. Although he had accumulated the required 2500 ELO rating points and secured two GM norms way back in 2012, the elusive third norm eluded him for over a decade. Nevertheless, his unwavering determination and skills ultimately paved the way for his triumphant ascent to the Grandmaster’s ranks.

Early Brilliance and Relentless Pursuit :

Born in Nagercoil, Tamil Nadu, in 1992, Shyaamnikhil’s chess journey began when he relocated to Chennai to pursue his passion. His talent was evident from an early age, as he earned the International Master (IM) title in 2011 and secured his first GM norm at the Mumbai Mayor’s Cup the same year. The second GM norm followed at the Indian Championship, setting the stage for his ultimate achievement.

Decoding the Chess Titles :

The Grandmaster and International Master titles are among the highest accolades in the world of chess, awarded by the esteemed World Chess Federation (FIDE). To become a GM, a male player must earn at least a 2500 FIDE Elo rating and achieve three Grandmaster’s norms in international competitions, while women must attain a 2300 Elo rating and three Women Grandmaster’s norms.

India’s Chess Prowess :

Shyaamnikhil’s accomplishment adds to India’s growing chess legacy, which includes illustrious names like Vishwanathan Anand, the country’s first GM in 1988, and Koneru Humpy, the first Indian woman to earn the Women’s GM title. With three female GMs – Humpy, Dronavalli Harika, and R. Vaishali – India’s chess prowess continues to shine on the global stage.

As Shyaamnikhil basks in the glory of his hard-earned achievement, his journey serves as an inspiration to aspiring chess players everywhere, reminding them that perseverance, dedication, and an unwavering pursuit of excellence can conquer even the most formidable challenges.

Correct Answer :   Connecticut

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Connecticut is famously known as “The Constitution State” in the United States. This designation stems from the state’s historical significance in crafting the Fundamental Orders of 1638/39, considered by some as the first written constitution in history. Connecticut’s early commitment to democratic governance and its contributions to constitutional principles have solidified its reputation as a pioneer in shaping the legal and political landscape of the nation.

Why is Connecticut Known as “The Constitution State”?

Connecticut earned the nickname “The Constitution State” due to its early adoption of democratic governance and significant contributions to constitutional principles. The designation commemorates the state’s role in drafting the Fundamental Orders of 1638/39, often regarded as the first written constitution in history. This historical document established a framework for self-governance and laid the foundation for Connecticut’s reputation as a pioneer in constitutionalism.

Early Claims and Historical Significance :

As early as the 19th century, John Fiske, a prominent historian from Connecticut, asserted that the Fundamental Orders of 1638/39 were the first written constitution in history. These orders, established by the early settlers of Connecticut, were believed to be the earliest document of its kind in western civilization.

Disputed Analysis and Defenses :

While some contemporary historians dispute Fiske’s analysis, figures like Simeon E. Baldwin, a former Chief Justice of the Connecticut Supreme Court, defended his view. In Osborn’s History of Connecticut in Monographic Form, Baldwin emphasized the significance of the Fundamental Orders, highlighting how they represented a deliberate effort by a group of individuals to establish a new commonwealth with defined government structures.

The Fundamental Orders :

The text of the Fundamental Orders, considered a foundational document in Connecticut’s history, is preserved in Section I of historical volumes. Additionally, the original document is on permanent display at the Museum of Connecticut History at the State Library, serving as a testament to the state’s constitutional legacy.

Other Nicknames and Titles of Connecticut :

Connecticut is not only known as the “Constitution State” but also by several other monikers. These include the “Nutmeg State,” a reference to the state’s early traders who were said to sell wooden nutmegs, the “Provisions State,” highlighting its historical role in supplying provisions during wartime, and the “Land of Steady Habits,” a nod to its reputation for tradition and stability.

Correct Answer :   May 13

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Alice Munro, the Nobel Prize-winning author known for her mastery of the short story, has died at 92, her editor said.

Munro set her taut, acutely observed stories in the rural Ontario countryside where she grew up, focusing a stark lens on the frailties of the human condition.

Awarded the Nobel Prize in Literature in 2013 and the International Booker Prize for her body of work in 2009, Munro had suffered from dementia in recent years.

Her editor Deborah Treisman and a longtime friend David Staines confirmed to AFP that Munro died late on 13 May 2024 at her care home in Ontario.

The world has lost one of its greatest storytellers.

Alice Munro was captivated with everyday life in small-town Canada. Her many, many readers are, too. She will be dearly missed. pic.twitter.com/sOCfx6M3AL

— Justin Trudeau (@JustinTrudeau) May 14, 2024

“She was the greatest writer of the short story form of our time. She was exceptional as a writer and as a human being,” said Mr. Staines.

Canadian Heritage Minister Pascale St-Onge on X described Munro as a Canadian literary icon while Prime Minister Justin Trudeau said, “the world had lost one of its greatest storytellers.”

“A true literary genius... her short stories about life, friendship, and human connection left an indelible mark on readers,” he said.

Despite her vast success and an impressive list of literary prizes, Munro long remained as unassuming and modest as the characters in her fiction.

“She is not a socialite. She is actually rarely seen in public, and does not go on book tours,” commented American literary critic David Homel after she rose to global fame.

That shy public profile contrasted with another Canadian contemporary literary giant, Margaret Atwood.

Like magic :

Born on July 10, 1931, in Wingham, Ontario, Munro grew up in the countryside. Her father Robert Eric Laidlaw raised foxes and poultry, while her mother was a small town schoolteacher.

At age 11, Munro decided she wanted to be a writer, and never wavered in her career choice.

“I think maybe I was successful in doing this because I didn’t have any other talents,” she explained in an interview once.

“I’m not really an intellectual,” Munro said. “I was an okay housewife but I wasn’t that great. There was never anything else that I was really drawn to doing, so nothing interfered in the way life interferes for so many people.”..

Source : The Hindu

Correct Answer :   Hero MotoCorp

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Hero MotoCorp, India’s leading two-wheeler manufacturer, has become the first in its sector to integrate with the Open Network for Digital Commerce (ONDC). By leveraging ONDC’s platform, Hero MotoCorp aims to enhance accessibility and convenience for its customers, offering a seamless digital experience for purchasing two-wheeler parts, accessories, and merchandise.

Digital Accessibility for Customers :

Hero MotoCorp’s integration with ONDC signifies a commitment to customer-centricity and digital innovation. Through this partnership, the company pioneers the automotive taxonomy within the industry, facilitating easier navigation for customers seeking vehicle parts and accessories. This initiative aligns with the government’s Digital India mission, showcasing Hero MotoCorp’s dedication to advancing digital transformation in the country.

Driving Digital Transformation :

T. Koshy, MD & CEO of ONDC, emphasizes the significance of Hero MotoCorp’s participation in the network, highlighting its role in propelling digital transformation within the two-wheeler industry. The collaboration underscores ONDC’s vision of establishing a fair and efficient ecosystem for businesses to thrive, setting a precedent for other industry players to follow suit.

Enhanced Purchase Experience :

Through ONDC’s buyer apps like Paytm and Mystore, customers gain access to Hero genuine parts with greater ease. This integration facilitates faster local deliveries, leveraging Hero MotoCorp’s extensive physical distribution network. Ultimately, the initiative aims to benefit over 115 million Hero customers nationwide, ushering in a new era of convenience and efficiency in two-wheeler retail.

Correct Answer :   Kami Rita Sherpa

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Kami Rita Sherpa has created history by climbing the world's highest peak, Mount Everest, for the 29th time.

Kami Rita has become the mountaineer who has conquered Mount Everest the most number of times. He first conquered the world's highest peak in 1994.

The Nepal government has issued around 400 mountaineering permits to climbers for the spring season this year, which runs from April to June.

Correct Answer :   Iran

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India and Iran have signed a 10-year bilateral contract aimed at enhancing the operations of Chabahar Port.

This decision underlines India's strategic interests in Central Asia and parts of Europe. Chabahar Port is a port in Chabahar, located in southeastern Iran, on the Gulf of Oman.