Current Affairs Quiz - March, 2024

Notes:
Sachin Jain was appointed as the new CEO of the World Gold Council for India in February 2024. Jain will join the World Gold Council from De Beers, where he has held several senior roles for the past 13 years. He has a deep understanding of the Indian consumer and jewelry market.

Notes:
The Reserve Bank recently revised Regulatory Sandbox (RS) guidelines, allowing live testing of products or services in a controlled regulatory space. Acting as a “safe space,” it offers flexibility for business testing, potentially influencing innovation-friendly regulations. RS aims to facilitate low-cost financial products, promoting dynamic, evidence-based regulatory environments that adapt to emerging technologies. Essentially, it’s a formal program for market players to test innovations within specific safeguards and oversight before broader launches.

Notes:
King Charles III of the United Kingdom awarded Sunil Bharti Mittal, the founder and chairman of Bharti Enterprises, an honorary Knighthood. The honor is titled Knight Commander of the Most Excellent Order of the British Empire (KBE), one of the highest honors given by the British Sovereign to civilians.

Notes:
NTPC Green Energy Limited (NGEL) collaborates with Maharashtra State Power Generation Company Limited (MAHAGENCO) to establish Renewable Energy Parks in Maharashtra. This joint venture aligns with green energy initiatives and bolsters India’s energy transition goals, aiming to build gigawatt-scale renewable energy parks in the state, showcasing a commitment to sustainable development and clean energy sources.

Notes:
Union Minister of Women & Child Development Smriti Irani revealed the logo and website for the Alliance for Global Good – Gender Equity and Equality in a ceremony attended by Bill Gates and Chandrajit Banerjee. Emphasizing India’s leadership in women’s empowerment, Irani highlighted international support garnered at Davos. Launched at Davos 2024, the alliance aligns with PM Narendra Modi’s vision for women-led development. Focused on SDGs, it seeks to consolidate practices, exchange knowledge, and attract investments in women’s health, education, and entrepreneurship.

Notes:
India’s first National Dolphin Research Centre (NDRC) was inaugurated by Bihar Chief Minister Nitish Kumar. The center is located near the Ganga River on the Patna University campus. The NDRC is a center of excellence that will help researchers and students understand the ecosystem of rivers. Researchers at the center will focus on various aspects of dolphin behavior in their natural habitat, including studying food habits and adaptation to changing environments. The center will also play a crucial role in training fishermen on methods to avoid inadvertently harming dolphins during fishing activities.

Notes:
India’s rank in the World Bank’s Women, Business and Law index rose to 113 out of 190 countries. The index assesses the legal environment for women’s economic opportunities across eight categories, including mobility, workplace, and entrepreneurship. Scores range from 0 to 100, with 100 representing equal rights. The report provides objective benchmarks for global progress towards gender equality, highlighting achievements and underscoring the need for further efforts to ensure economic empowerment for all.

Notes:
Consumer Affairs, Food and Public Distribution Minister Piyush Goyal unveiled the ‘e-Kisan Upaj Nidhi’ initiative in New Delhi, aiming to make the agriculture sector the cornerstone of ‘Viksit Bharat’ by 2047. The digital gateway, developed by the Warehousing Development and Regulatory Authority (WDRA), streamlines farmers’ warehousing logistics through technology, ensuring fair prices for produce. Goyal also announced a reduction in security deposit charges at WDRA warehouses, from three percent to one percent, encouraging more farmers, particularly small-scale ones, to utilize the facilities and boost their income.

Notes:
The Minister of Communications unveiled the Digital Intelligence Platform (DIP) and ‘Chakshu’ on the Sanchar Saathi portal. DIP facilitates real-time intelligence sharing and coordination among stakeholders like Telecom Service Providers, Law enforcement agencies, Banks, Social media platforms, and Identity document authorities. Developed by the Department of Telecommunications, DIP is a secure platform inaccessible to citizens. The portal also highlights cases of telecom resource misuse.

Notes:
Tiger Woods was selected for the Bob Jones Award, the highest honor given by the United States Golf Association (USGA). The award recognizes Woods’ commitment to sportsmanship and respect for golf’s traditions. Woods is a 15-time major champion who has won 82 PGA Tour events. He is known for his perseverance and mental power.