Current Affairs Quiz - September, 2024

Notes:
The Central Board of Direct Taxes (CBDT) launched the Dispute Resolution Scheme (e-DRS), 2022 to simplify and speed up resolving income tax disputes. This scheme aims to cut down on litigation and offer a quicker, more affordable solution for taxpayers. Under section 245MA of the Income-tax Act, 1961, taxpayers can resolve disputes electronically via Dispute Resolution Committees (DRCs). DRCs, present in all 18 regions, can amend orders, reduce penalties, or drop prosecutions, and must make decisions within six months of the application.

Notes:
Japanese anime director Hayao Miyazaki recently won the Ramon Magsaysay Award, known as Asia’s Nobel Prize. This award is Asia’s top honor, recognizing transformative leadership and spirit. Winners receive a certificate and a medallion with Ramon Magsaysay’s profile. From 1958 to 2008, the award was given in six categories: Government Service, Public Service, Community Leadership, Journalism and Creative Arts, Peace and International Understanding, and Emergent Leadership. The award ceremony is held annually on August 31 in Manila, Philippines, marking the birth anniversary of President Ramon Magsaysay, after whom the award is named.

Notes:
A recent man-eating wolf attack in Bahraich, Uttar Pradesh, has put about 35 villages on high alert. Forest officials have launched ‘Project Bhediya’ to capture the wolves involved. India has two wolf species: the Indian Wolf in peninsular regions and the Himalayan Wolf in the upper trans-Himalayan ranges. Wolves are highly social, living in packs of 6-8, running at high speeds, and maintaining a male dominance hierarchy. They communicate through vocalizations and scent-marking. Grey Wolf is listed as Least Concern by IUCN, while the Himalayan Wolf is Vulnerable; both are protected under Schedule I of WPA, 1974.

Notes:
Union Ministers Nitin Gadkari and Hardeep Singh Puri inaugurated the India Bio-Energy & Tech Expo 2024 in New Delhi on 2 September 2024. The Expo is held from 2 to 4 September 2024. Awards were given to companies for their contributions to the bioenergy industry and enhancing bioenergy production and supply in India. The Indian Federation of Green Energy, in partnership with MMACTIV Sci-Tech Communications Ltd, organized the Expo. The Expo provides a platform for discussions on the future of bioenergy technologies. It aims to support India’s green energy initiatives by involving government, industry leaders, and experts.

Notes:
The World Bank stated that India’s medium-term outlook remains positive despite challenging global conditions. India’s growth is expected to reach 7% in the financial year 2024-25 and stay strong in 2025-26 and 2026-27. The World Bank released a report ‘India Development Update: India’s Trade Opportunities in a Changing Global Context’ on 3 September 2024. With strong revenue growth and fiscal consolidation, the debt-to-GDP ratio is projected to decrease from 83.9% in 2023-24 to 82% by 2026-27. The current account deficit is expected to remain around 1 to 1.6% of GDP until 2026-27. The World Bank emphasized the importance of trade for growth but noted that increased protectionism and barriers could limit trade opportunities.

Notes:
Ministry of Law and Justice launched the new Notary Portal in New Delhi, enhancing digital services in line with Digital India. The portal offers a paperless, faceless, and efficient system, benefiting both notaries and the public. It provides online services, including applications for appointment as notaries, issuance and renewal of Certificates of Practice, change of practice area, and submission of annual returns. Notaries can now submit applications online, monitor their progress, and download digitally signed Certificates of Practice via Digilocker, eliminating the need for physical submissions.

Notes:
The Uttar Pradesh government announced a Vedic-3D museum at Sampurnanand Sanskrit University in Varanasi. The museum will focus on Indian astrology, astronomy, and Vedic literature, showcasing the evolution of Vedic traditions like the 16 Sanskars, 64 arts, and 18 Vidya Sthans. It will display rare manuscripts preserved in Saraswati Bhawan, including “Raas Panchadhyayi,” Shrimad Bhagwat Gita, and Durgasaptashati, adorned with gold artistry. The museum aims to revive ‘Shastrartha’ (spiritual discourse) and deepen knowledge in Vedic literature.

Notes:
Harvinder Singh won a historic gold medal in men’s individual recurve archery at the Paris Paralympics 2024. This win marked India’s 22nd medal in the event. He defeated Poland’s Lukasz Ciszek in the final. His achievement adds to India’s successes in other Paralympic sports like shot put and club throw. This highlights India’s increasing presence and accomplishments in Paralympic sports.

Notes:
Prime Minister Narendra Modi launched the ‘Jal Sanchay Jan Bhagidari’ initiative in Surat, Gujarat, via video conferencing. The program involves constructing around 24,800 rainwater harvesting structures to enhance water sustainability. He emphasized the importance of public participation in water conservation to secure a sustainable future for upcoming generations. He stated that future generations will evaluate us based on our approach to water. Water conservation is deeply rooted in India’s culture, with initiatives like Jal Jivan Mission and Atal Bhujal Yojana supporting this cause. He called for adopting new technologies to address water scarcity issues.

Notes:
Two new ginger species, Globba tyrnaensis and Globba janakiae, were discovered in Meghalaya’s Double Decker Living Root Bridge area. These plants, called “dancing girls” for their flower movement, belong to the Globba genus of ornamental plants in the ginger family. Globba tyrnaensis was found in Tyrna village at 731 meters elevation and also near Thangkharang Park. It has orange flowers, large anthers, and produces bulbils for propagation. Globba janakiae, with fewer than 10 individuals, has unique heart-shaped labellum and is critically endangered. It honors botanist EK Janaki Ammal.