Current Affairs Quiz - December, 2024

Notes:
Maharashtra’s ‘Shashan Aaplya Dari’ initiative won the SKOCH Award for its innovation and impact in governance. The program, meaning “government at your doorsteps,” delivers government schemes directly to people. It was launched in Satara in May 2023. More than 280 projects nationwide competed, showcasing its effectiveness. The initiative aligns with the UN’s Sustainable Development Goals and will evolve into ‘Shashan Aaplya Dari 2.0’ under Eknath Shinde’s guidance for further growth. The SKOCH Award is an award that recognizes people, projects, and institutions that work to improve India. It was established in 2003 and is considered one of the highest civilian honors in the country.

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Dr. Basant Goel was honored at the United Nations Global Excellence Award in Dubai and received an honorary doctorate from the USA International University. He holds a Bachelor of Pharmacy, a Ph.D. in Diabetes, and a Doctorate in Health Science from prestigious U.S. institutions. His humanitarian work gained recognition during the COVID-19 pandemic, earning a World Book of Records (London) mention. On July 6, 2024, he set a Guinness World Record for the most blood donations in a single camp, ensuring 200 daily units in India. Named “Blood Man of India” by the President, he was hosted at the President’s House for four days. The International Book of Honour (England) recognized his contributions on October 26, 2024.

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The World Maritime Technology Conference (WMTC) held in Chennai from December 4 to 6, 2024. This marks the first return to India in 15 years, with the previous event held in Mumbai. The conference covers critical topics such as climate change, sustainability, and geopolitical dynamics impacting the maritime industry. The last edition took place in Copenhagen in April 2022, with previous hosts including Shanghai, Houston, and St. Petersburg.

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The government has abolished windfall tax on crude oil, aviation turbine fuel (ATF), petrol, and diesel exports. Windfall tax targets industries earning unusually high profits due to favorable economic conditions. India introduced a windfall tax on domestic crude oil production in July 2022 after global crude prices surged. Such taxes are used to fund public projects, reduce deficits, or redistribute wealth.

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Indian Navy Day is celebrated annually on December 4 to honor the Navy’s role in safeguarding India’s maritime borders and security. It highlights the Navy’s efforts in coastal defense, monitoring trade routes, disaster relief, and humanitarian aid. The 2024 theme is “Strength and Power through Innovation and Indigenisation.” The day commemorates Operation Trident during the 1971 India-Pakistan war when the Navy successfully attacked Karachi, showcasing India’s naval strength.

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National Council for Vocational Education and Training (NCVET), Ministry of Skill Development & Entrepreneurship (MSDE), Government of India, recognized IN-SPACe as a dual awarding body to strengthen vocational education in the space sector. IN-SPACe, under the Department of Space, promotes and enables space activities like satellite manufacturing and space services. The collaboration aligns IN-SPACe training with global standards, supporting initiatives like Skill India Mission. Six National Occupational Standards (NoS) for space-related training were approved, covering areas like satellite manufacturing, orbital mechanics, and space propulsion. NCVET ensures quality standards in vocational training, fostering a skilled workforce for industry demands.

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Pavan Kampelli won India’s first medal at the Asian Esports Games, securing a bronze in the e-football event. The games were held in Bangkok, Thailand, from November 25 to December 1, 2024. Kampelli defeated 2022 eFootball World Finals Winner Asgard Azizi from Indonesia 2-1 for the bronze. Kampelli won a $500 cash prize for his achievement. The gold medal was claimed by Nattawat Namburee from Thailand, and silver went to Ahmad Muhaimin Abdul Razak of Malaysia. Esports, played on devices like phones and gaming consoles, is growing in popularity worldwide. The International Olympic Committee will host the inaugural Olympic Esports Games in Saudi Arabia in 2025.

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The Union Ministry of Ports, Shipping and Waterways introduced the Coastal Shipping Bill, 2024, to boost coastal trade and prioritize Indian-flagged vessels for national security and commercial needs. Coastal shipping, covering India’s 7,517 km coastline, is energy-efficient, cost-effective, and reduces pressure on road and rail networks. Outdated laws like the Coasting Vessel Act, 1838, and Merchant Shipping Act, 1958, lacked uniformity in regulating the sector. Key changes include removing the general trading license for Indian vessels, creating a National Coastal Shipping Database, and mandating a strategic growth plan. The Bill ensures compliance with environmental standards, encourages inland vessel participation, and emphasizes job creation and national security.

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The Department of Consumer Affairs is developing the National Legal Metrology Portal (eMaap) to unify State Legal Metrology systems. eMaap will streamline licensing, verification, and compliance processes, eliminating the need for multiple State portal registrations. Currently, enforcement activities and compounding are not online, but eMaap will integrate all functions, including enforcement, into one system. Hybrid meetings have involved industry associations and state representatives to refine the portal. eMaap simplifies procedures, reduces compliance burdens, ensures accuracy in market transactions, and supports data-driven government decisions.

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World Bank released the 2024 International Debt Report (IDR). It covers external debt for low- and middle-income countries (LMICs). Total external debt of LMICs rose by 2.4% in 2023, reaching $8.8 trillion. Key factors driving this rise include high interest rates due to tight monetary policies in high-income countries, inflation, depreciating currencies, and global economic uncertainty. Countries like Bangladesh and India saw over 90% increases in interest payments. The rising debt strains budgets, affecting critical sectors like health, education, and environmental programs.