Current Affairs Quiz - December, 2024

Notes:
The Central Board of Indirect Taxes and Customs (CBIC) held a global India Authorised Economic Operator (AEO) programme with the World Bank on November 28-29, 2024, in New Delhi. AEO is part of the World Customs Organization’s (WCO) SAFE Framework to secure global trade and enhance supply chain security. It grants AEO status to businesses that comply with supply chain security standards, offering benefits like simplified procedures and faster customs clearance. It was introduced in India in 2011.

Notes:
The Phlegraean Fields, near Naples, Italy, are a massive supervolcano starting to show signs of activity, raising concerns among scientists. Unlike Mount Vesuvius, it’s a volcanic system with multiple centers within a caldera, a large depression formed by a past eruption 39,000 years ago. The caldera spans 12-15 km and extends under the Tyrrhenian Sea. Phlegraean Fields is Europe’s largest active caldera and more active than Vesuvius. It has been restless since 1950 due to bradyseism and last erupted in 1538, forming Monte Nuovo. It is among the top carbon dioxide emitters worldwide.

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The Nazca Lines, ancient geoglyphs in Peru, have seen a surge in discoveries thanks to AI technology. A recent study utilized drones and AI to analyze over 600 sq km of the Nazca Pampa, leading to the identification of 303 new geoglyphs in just six months. This advancement marks a significant increase in archaeological discoveries, highlighting AI’s potential to revolutionize the field, similar to the impact of aerial imaging in the past. Nazca Lines (Pampa de Nazca) is located in the South American country Peru.

Notes:
The 20th Asian Women’s Handball Championship held from 3 to 10 December 2024, in New Delhi, India. This is the first time the Handball Association India (HAI) is hosting the event. Initially planned for Almaty, Kazakhstan, the championship was moved to New Delhi. It serves as a qualifier for the 27th IHF Women’s Handball World Championship in 2025 in Germany and the Netherlands.

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Indian Railways introduced the AI-powered Linen Inspection and Sorting Assistant (LISA) to improve linen hygiene in air-conditioned coaches. LISA, developed by the Pune Division, operates at the Ghorpadi Integrated Coaching Complex (GICC). It ensures 100% quality inspection by detecting defects, stains, or damages in linens. AI technology enables precise and efficient inspection of large linen volumes. The system reduces manual labor, streamlines operations, and enhances passenger comfort. LISA supports cleaner, more hygienic travel experiences while modernizing linen management.

Notes:
The 9th International Conference on Waste to Worth, organized by Confederation of Indian Industry (CII), focused on sustainable waste management practices. It brought together global leaders, policymakers, industry experts, academics, and researchers to collaborate and exchange knowledge. Discussions revolved around innovative strategies, technologies, and policies promoting waste reduction, recycling, and circular economy principles. The theme, “Enabling & Building Global Tech-Partnerships for Future Ready & Sustainable Growth Environs along with Circular Economies,” emphasized global collaboration. The conference aimed to drive sustainable growth, create a cleaner environment, and support the transition to circular economies for future generations.

Notes:
Oxford University Press named ‘brain rot’ as the Oxford Word of the Year 2024. It describes cognitive decline caused by consuming trivial social media content. The term gained popularity amid trends like digital detoxes to counter mental fatigue. It reflects concerns about technology’s impact on human thought and habits. Public voting chose ‘brain rot’ over contenders like ‘heat domes’ and ‘neurospicy.’ Over 37,000 people participated in the voting, highlighting its cultural relevance. The term’s casual tone appeals to younger audiences and raises awareness about mental health. Past winners include ‘goblin mode’ (2022) and ‘climate emergency’ (2019).

Notes:
World Wildlife Conservation Day is observed on December 4 to raise awareness about protecting endangered flora and fauna. The day emphasizes the importance of wildlife conservation and encourages action to safeguard endangered species. India hosts four global biodiversity hotspots: Himalaya, Indo-Burma, Western Ghats-Sri Lanka, and Sundaland. With only 2.4% of the world’s land area, India supports 7-8% of recorded species, making it a megadiverse country.

Notes:
Oxford University’s Saïd Business School, in collaboration with the Gates Foundation, highlighted PRAGATI’s role in transforming India’s infrastructure project delivery. PRAGATI (Pro-Active Governance and Timely Implementation) is a multi-purpose platform addressing public grievances and monitoring key projects. Launched on March 25, 2015, it was designed in-house by the PMO with support from the National Informatics Center (NIC). It integrates digital data management, video conferencing, and geospatial technology for real-time interactions. PRAGATI promotes cooperative federalism by bringing Central and State officials together for efficient decision-making and monitoring ground-level issues.

Notes:
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.