Current Affairs Quiz - November, 2023

Notes:
China has the highest weighting on the globally tracked gauge, the MSCI Emerging Market Index (Emerging Markets) around 30%.
India is placed at the second position now has a weighting of 15.5% on the Index, compared with 15.11% for Taiwan. India’s weighting has climbed from 12.97% end-January. If South Korea were to transition from the emerging market to the developed market category, India’s weight could potentially rise to about 18.5%.

Notes:
Archaeologists have made a discovery, uncovering a lavishly decorated tomb that belonged to an ancient Egyptian royal ruler named Djehutyemhat during the 25th Dynasty.
This remarkable find not only represents a burial site but also provides a glimpse into a historical era when the fear of venomous snakes was a part of daily life. The tomb, estimated to date back to around 500 B.C., was unveiled at the Abusir archaeological site in Egypt.

Notes:
The executive board of the International Monetary Fund (IMF) approved a proposal to make a 50 per cent increase in the quota allocated to members in proportion to their current quotas. The proposal will now be considered and made effective by the board of governors as part of concluding the 16th general review of quotas.
Currently, India has a quota of special drawing rights (SDR) 13,114.4 million which denotes a share of 2.75 per cent, making it the eighth-largest quota-holding country in the IMF.

Notes:
IBM has expanded its partnership with Amazon Web Services (AWS) to launch an innovation lab in Bengaluru to help mutual clients derive value from the latest technologies such as generative artificial intelligence (GenAI).
The first of its kind innovation lab, is open to clients from around the world to explore joint IBM-AWS solutions and test prototypes and proof-of-concepts relevant across industries such as banking and financial services, automotive, manufacturing and healthcare, among others.

Notes:
India’s patent applications by resident applicants jump by 31.6% in 2022 as compared with the previous year, as per the latest study released recently by the World Intellectual Property Organisation (WIPO).
This rise is the highest of any country in 2022. With 55,718 resident patent applications in 2022, India’s numbers grew faster than other competing countries that include Switzerland (6.1 per cent), China (3.1), and Austria and the UK (both at 2.5 per cent).

Notes:
The RBI has issued a notification allowing NRIs to invest, without any restrictions, in the Government’s Sovereign Green Bonds issued for 2023-24.
The government plans to borrow Rs 20,000 crore through green bonds in the current financial year. Examples of green projects include renewable energy, clean transportation and green buildings.

Notes:
DeendayalAntyodayaYojana – National Rural Livelihood Mission (DAY-NRLM) under the Ministry of Rural Development and the Small Industries Development Bank of India (SIDBI) signed a Memorandum of Understanding (MOU) which is set to span two years.
The primary focus of this collaboration is to demonstrate on-the-ground activities that establish a reliable and sensitive support structure for the capacity enhancement of women entrepreneurs (WEs).

Notes:
New Zealand’s left-arm pacer Trent Boult became the first New Zealand bowler to claim 50 wickets in the ODI World Cup.
While he achieved this feat in just 28 innings, Only Australia’s Mitchell Starc (19) and former Sri Lanka speedster Lasith Malinga (25) have managed to claim 50 wickets in fewer innings than him.

Notes:
23 Indian seafarers onboard vessel ‘Advantage Sweet’, which was seized in the Gulf of Oman, have been safely repatriated to India from Iran.
Iran’s Navy seized a Marshall Islands-flagged oil tanker with 24 Indian crew members in the Gulf of Oman on April 28, this year.

Notes:
A baler is a device used for the off-site handling of agricultural crop residue.
In Punjab, there are currently approximately 2,000 baler machines in operation, with 1,268 of them benefiting from significant subsidies ranging from 50% to 80% through the Central Government’s Crop Residue Management (CRM) initiative.