Current Affairs Quiz - April, 2024

Notes:
IIT Kanpur recently signed an MoU with Conlis Global, a Canadian biotech company, for licensing a groundbreaking technology promoting bone healing and regeneration. Nano Hydroxyapatite-based Porous Composite Scaffolds, developed indigenously, possess biodegradable, osteoinductive, and osteopromotive properties crucial for bone regeneration. Highly biocompatible, these scaffolds demonstrate robust mechanical strength and foster excellent interaction between polymer networks and solvents, facilitating cell-material interactions with osteoblast cells.

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The INDRA app, launched during World Meteorological Day celebrations by School of Naval Oceanology & Meteorology and Indian Naval Meteorological Analysis Centre at Southern Naval Command, facilitates weather information dissemination. Developed by BISAG and Indian Navy, it aids quick decision-making. BISAG, an Autonomous Scientific Society under the Ministry of Electronics & Information Technology, focuses on geo-spatial technology development, research, and capacity building. Its three main domains are Satellite Communication, Geo-informatics, and Geo-spatial technology.

Notes:
The Ministry of Electronics and Information Technology (MeitY) issued an advisory to the AI industry, particularly targeting major platforms like Google. It requires platforms to submit an action report within 15 days. Key points include needing permission for testing AI models, explicit approval for under-tested or unreliable AI, and proper labeling of potential errors. Startup founders criticized this, calling it demotivating.

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Traditional products from Tripura, Matabari Pera Prasad and Rignai Pachara textiles, have recently earned Geographical Indication (GI) tags, bringing the state’s total to 4 GI protected products. Matabari Pera Prasad, a sweet from Tripureswari temple, is made from milk and sugar. Rignai Pachara textiles, traditional hand-woven attire, symbolize Tripura’s cultural heritage. These products’ GI recognition highlights their significance and authenticity, attracting global attention and marketing opportunities.

Notes:
SEBI launched SCORES 2.0, enhancing complaint resolution for investors in securities markets. The system features auto-routing, auto-escalation, and monitoring by designated bodies, reducing complaint resolution timelines. SCORES is an online platform for lodging complaints. The new version is more user-friendly and aims for quicker complaint resolution. An application for SCORES will also be launched later.

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The United States and the United Kingdom have signed an agreement to collaborate on developing tests for advanced artificial intelligence (AI) models, following commitments made at the Bletchley Park AI Safety Summit. Bletchley Park, known as the birthplace of modern computing, will host the world’s first global AI summit in 2023. Both countries aim to share information on AI capabilities and risks, conduct joint testing exercises, and align approaches to deploying AI systems safely.

Notes:
Venomous Pelagia noctilucas, or purple-striped jellyfish, are blooming along Visakhapatnam’s coast in Andhra Pradesh. Jellyfish blooms occur when populations rapidly increase due to warm ocean temperatures. These blooms detrimentally impact fishing and tourism industries. Natural factors like ocean and wind currents can also contribute to these occurrences.

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India aims to establish its inaugural privately managed Strategic Petroleum Reserve (SPR) by 2029-30, allowing trading rights to the operator. As the world’s third-largest oil importer and consumer, India prioritizes stable petroleum supply. Presently, it has three operational SPRs with a combined capacity of 5.33 MMT. To bolster energy security, India plans two new facilities in Karnataka and Odisha, with private companies permitted to trade 100% of stored oil in a public-private partnership model, enhancing SPR capacity and financing.

Notes:
The Andhra Pradesh government is taking measures to prevent forest fires in Papikonda National Park (PNP), receiving technical assistance. PNP, located in the Eastern Ghats, is crucial for high precipitation and hosts the River Godavari. Established as a wildlife sanctuary in 1978 and upgraded to a national park in 2008, it’s recognized as an Important Bird and Biodiversity Area (IBA) by BirdLife International. The region also boasts a unique dwarf goat breed, the “kanchu mekha.”

Notes:
Tamil Nadu has sued the Centre at the Supreme Court, alleging withholding of national disaster relief funds post-Cyclone Michaung and floods in 2023. Disaster relief funds stem from the State Disaster Relief Fund (SDRF) and National Disaster Relief Fund (NDRF), established under the Disaster Management Act, 2005 after the 2004 tsunami. NDRF encompasses severe calamities like cyclones, droughts, and floods, necessitating additional funding beyond SDRF.