Current Affairs Quiz - May, 2024

Notes:
The National Bank for Agriculture and Rural Development (NABARD) recently sanctioned a study on the impact evaluation of Geographical Indication (GI) products to Symbiosis School of Economics. A GI is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. The protection of intellectual property through laws will help to reap benefits in terms of economic growth, employment and income generation.

Notes:
India and Croatia convened their 11th Foreign Office Consultations in New Delhi. Discussions encompassed regional and global concerns, emphasizing bilateral relations’ enhancement in trade, defense, science, tourism, and culture. Cultural and people-to-people exchanges were underscored. Indian Secretary Pavan Kapoor and Croatian Director General Dr. Petar Mihatov led the respective delegations. They also deliberated on international cooperation, emphasizing the India-EU Free Trade Agreement’s timely conclusion.

Notes:
According to IQAir, Kathmandu is the most polluted city in the world as of May 2, 2024. IQAir is a Swiss technology company that monitors the pollution levels of 101 cities in real time. The Ministry of Health and Population of Nepal has advised residents to wear masks due to the alarming increase in air pollution in the Kathmandu valley. In 2023, IQAir’s World Air Quality report ranked India as the third most polluted country and New Delhi as the most polluted capital city.

Notes:
Ben Wells, a rising cricketer for England, retired at 23 due to a rare heart disease, ARVC. Despite signing with Gloucestershire in 2021 and delivering notable performances, he hadn’t played for England. His condition echoes that of former player James Taylor. Wells’ career, marked by an unbeaten 108-run knock, ends abruptly, raising awareness about ARVC’s impact on athletes’ lives.

Notes:
India and Indonesia recently held their seventh Joint Defence Cooperation Committee meeting in New Delhi, focusing on expanding collaboration in defence industry, maritime security, and multilateral cooperation. Both nations expressed satisfaction with the growing scope of defence cooperation. The meeting emphasized defence industry collaboration involving firms like Bharat Forge and Mahindra Defence. They stressed maritime security cooperation and highlighted Indonesia’s role in India’s Act East Policy. The collaboration aims to boost military capabilities and address common security challenges.

Notes:
India and the Netherlands held the 12th round of Foreign Office Consultations (FOC) in The Hague on May 2, 2024. The consultations were led by Shri Pavan Kapoor, Secretary (West), Ministry of External Affairs, Government of India. The meeting was a chance to evaluate progress since the last FOC in New Delhi in December 2022. During the meeting, India and the Netherlands agreed to strengthen their bilateral ties by focusing on new technologies like green hydrogen and semiconductors.

Notes:
In FY24, the country’s fossil fuel-based power capacity increased by 2.44% to 243.22 GW from March 2023’s 237.27 GW. Non-fossil fuel capacity increased by 10.79%, reaching 190.57 GW in 2023-24 compared to 172.01 GW in 2022-23. This includes solar, wind, and hydropower. Nuclear power capacity grew to 8.18 GW from 6.78 GW, marking a 20.64% yearly increase.

Notes:
Adani Green Energy Ltd (AGEL), India’s top renewable energy firm, secured USD 400 million in funding from five international banks for its 750 MW solar projects in Rajasthan and Gujarat. These projects are scheduled to start operating from November 2024. The Rajasthan project, with 500 MW capacity, has a long-term power purchase agreement (PPA) with SECI, while the Gujarat project, with 250 MW capacity, is a standalone merchant power project in Khavda, the world’s largest RE cluster.

Notes:
Shashi Bhushan Singh, an Indian Railway Traffic Service officer, has been appointed as Secretary (Director level) of the National Jute Board in Kolkata by the Central Government. The appointment is for 5 years or until further notice. Established under the National Jute Board Act, 2008, the NJB began operations on April 1, 2010, consolidating the Jute Manufactures Development Council and the National Centre for Jute Diversification.

Notes:
Kerala embraces the SMART-PDS scheme, aimed at modernizing and enhancing efficiency in the Public Distribution System. Led by the Department of Food & Public Distribution, it aims to curb food grain leakage and improve distribution chain efficiency. This technology-driven initiative centralizes ration card data and enables real-time monitoring from procurement to distribution. Costs are shared between Union and State governments, with the State covering expenses for key components like training and infrastructure. Smart ration cards with beneficiary fingerprints ensure transparent transactions.