Current Affairs Quiz - July, 2024

Notes:
Italy recently reported its first case of Oropouche fever, caused by the Oropouche Virus (OROV), an emerging mosquito-borne disease. OROV, part of the orthobunyavirus family, has an incubation period of 4 to 8 days and was first identified in Trinidad and Tobago in 1955. Symptoms include fever, headache, muscle and joint pain, and nausea. Severe cases can lead to meningitis or encephalitis. Transmission occurs through infected midges or mosquitoes, with no specific treatment or vaccine currently available.

Notes:
The Ministry of Statistics and Programme Implementation (MoSPI) launched the eSankhyiki portal to provide real-time data for planners, policy-makers, and researchers. It aims to streamline data management and sharing, offering access to key datasets like National Accounts Statistics and Consumer Price Index. The portal’s Data Catalogue Module houses over 2291 datasets with detailed metadata and visualizations, enhancing data accessibility and re-usability for informed decision-making and public use.

Notes:
Japan introduced new banknotes featuring advanced holography, creating 3D rotating portraits of historic figures as an anti-counterfeit measure. This innovative technology marks the world’s first use of such holography on currency. The redesign, Japan’s first in 20 years, aims to enhance security and prevent counterfeiting.

Notes:
NITI Aayog’s report on R&D in Indian state universities highlights a doubling of Gross Expenditure on R&D (GERD) to Rs. 127,381 crore in 2020-21 from Rs. 60,197 crore in 2010-11. Government sectors, including central and state governments, and higher education institutions drive GERD. R&D fosters innovation, aligns education with industry needs, and addresses societal challenges. However, challenges include low GDP spending on R&D compared to global peers, emphasis on teaching over research, and limited enrollment in advanced programs like Ph.D.

Notes:
Air India is establishing South Asia’s largest flight training school in Maharashtra’s Amravati district with an investment of over ₹200 crore. Opening in the next financial year’s first quarter, it will address the airline’s need for 500-700 pilots annually, following a large aircraft order. In partnership with Maharashtra Airport Development Company (MADC), the 10-acre facility will train 180 commercial pilots yearly using 31 single-engine Piper aircraft and three twin-engine Diamond aircraft.

Notes:
Several high-street banks have restricted opening accounts for firms less than a year old due to suspicions of money mule activities linked to laundering and digital fraud. A money mule transfers illegally acquired money for criminals, aiding in laundering proceeds from crimes like human trafficking and drug trafficking. Criminals use fake job adverts or social media posts to recruit money mules, who move funds via bank accounts, checks, virtual currency, or prepaid cards.

Notes:
The Japan Aerospace Exploration Agency (JAXA) launched the Advanced Land Observing Satellite-4 “DAICHI-4” (ALOS-4) on July 1, 2024, using the H3 Launch Vehicle from Tanegashima Space Center. ALOS-4 features a Phased Array type L-band Synthetic Aperture Radar-3 (PALSAR-3) and Space-based AIS Experiment (SPAISE3), enhancing its capability for high-resolution, all-weather observations. This satellite is pivotal for disaster management, offering extensive monitoring capabilities crucial for mitigating natural disasters and environmental monitoring.

Notes:
The State Bank of India (SBI) launched “MSME Sahaj”, a digital business loan solution tailored for micro, small, and medium enterprises (MSMEs). Key features include financing against GST-registered invoices, a quick process under 15 minutes from application to disbursement, automated loan closure, and data-driven assessment using machine learning models and authentic GST and credit data. This initiative aims to boost working capital and address liquidity challenges for MSMEs effectively.

Notes:
Madhya Pradesh Chief Minister Dr. Mohan Yadav introduced the Lokpath Mobile App to enhance transparency and public welfare. Developed by the Public Works Department, the app aims to improve the state’s 40,000 km highways by enabling the public to report road issues. It ensures accountability, with officers expected to resolve complaints within seven days. The app is downloadable from the Public Works Department’s website and promotes an open, efficient working system.

Notes:
Uttar Pradesh passed the Uttar Pradesh Nodal Investment Region for Manufacturing (Construction) Area Bill (NIRMAN)-2024, establishing Special Investment Regions (SIRs) to boost industrial growth and economic development. This includes an MoU between ITPO and MSME to enhance the business environment and the construction of new convention centres in Lucknow and Varanasi. These initiatives aim to promote MSMEs and position UP as a prime destination for industrial investments.