Current Affairs Quiz - September, 2024

Notes:
The International Buddhist Confederation and Nava Nalanda Mahavihara hosted a two-day conference in Nalanda, Bihar, on Guru Padmasambhava’s life and legacy. Guru Padmasambhava, also known as Guru Rinpoche, lived in the 8th century in India and is a highly respected figure in Buddhism. He is recognized as a founding father of Tibetan Buddhism and arrived in Tibet in 749 A.D. He spread Buddha’s teachings across the Himalayan regions including India, Nepal, Pakistan, Bhutan, Bangladesh, and Tibet. A Tantrist and Yogācāra sect member, he taught at Nalanda and is associated with a blend of Yogic, Tantric practices, and cultural elements such as art, music, and folklore.

Notes:
The Supreme Court of India organized a two-day National Conference of the District Judiciary on August 31 and September 1, 2024 in New Delhi. The conference was inaugurated at Bharat Mandapam, where a coin and postage stamp were released to commemorate 75 years of the Apex Court. The event featured six sessions attended by over 800 participants from the district judiciary across all States and Union Territories. Sessions focused on improving infrastructure, accessibility, and inclusivity in the judiciary, addressing judicial security, case management strategies, and enhancing judicial training programs. The conference also discussed how higher courts can better support district judiciary needs.

Notes:
WWF-India launched the “Vulture Count 2024” project from September 7 to October 6, 2024. This initiative aligns with International Vulture Awareness Day. The project aims to count and assess the vulture population in India. It focuses particularly on critically endangered vulture species. The project also seeks to raise public awareness about the importance of vultures in ecosystems.

Notes:
Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan launched the AgriSURE Fund and Krishi Nivesh Portal in New Delhi. He conferred the Agriculture Infrastructure Fund (AIF) Excellence Awards to top-performing banks and states. The awards recognized and appreciated outstanding efforts in agricultural infrastructure. Ministers of State and representatives from various states and banks attended the event. The Ministry believed the award ceremony would inspire other banks to improve their performance. The AIF was launched in 2022 to develop post-harvest management infrastructure and community farming assets.

Notes:
Zoologists in Assam have recently added a new spider species, Phrynarachne decipiens, to India’s list of arachnids. Commonly known as the bird dung or bird-dropping crab spider, it mimics bird excrement with its web. Previously found in Malaysia and Indonesia’s Java and Sumatra, it has now been recorded in Assam’s Sonapur and Chirang Reserve Forest. The spider is usually motionless on the upper side of broad leaves, blending in with its white, bird-dropping-like web. It features stout spermathecae, a reproductive organ in females, with nearly touching posterior heads. The genus Phrynarachne has 35 accepted species; three others were previously recorded and re-described from Assam.

Notes:
The Ministry of Labor and Employment has approved the Centralized Pension Payment System (CPPS) for the Employees’ Pension Scheme. CPPS will create a national system allowing pensioners to receive their pensions from any bank branch across India. Currently, the pension system is decentralized, with each regional EPFO office working with only a few banks. CPPS will be launched as part of EPFO’s Centralized IT Enabled System (CITES 2.01) on January 1, 2025. In the future, CPPS will support a transition to an Aadhaar-based payment system (ABPS).

Notes:
The Ministry of Housing and Urban Affairs announced that 90% of the Smart Cities Mission projects are completed. The remaining 10% are delayed due to legal issues, department clearances, land acquisition, construction in hilly areas, and resource availability in smaller cities. Out of 100 smart cities, 17 cities have finished all their projects, and 34 cities have completed over 90%. The Smart Cities Mission, launched in 2015, aims to develop cities with good infrastructure, a sustainable environment, and better quality of life. It is a Centrally Sponsored Scheme, selecting 100 cities through a two-stage competition.

Notes:
Siddhartha Agarwal, a 49-year-old swimmer from Bengaluru, became the oldest Indian to swim across the English Channel. He completed the 42-km swim between England and France on August 29 in 15 hours and six minutes. His journey began in 2018 when he crossed the Channel as part of an eight-member relay team. Srikaanth Viswanathan, also from Bengaluru, held the previous record at 46, becoming the oldest to swim the Channel solo.

Notes:
The Eastern Economic Forum 2024 was held in Vladivostok, Russia. It is an annual international event, started in 2015, aimed at boosting economic development in Russia’s Far East. The forum encourages investment and cooperation between Russia and Asia-Pacific nations. It gathers government officials, business leaders, investors, and policymakers to discuss economic opportunities and enhance regional connectivity. The event helps shape economic diplomacy and build partnerships in the Asia-Pacific region. The Russian Far East borders two oceans, the Pacific and the Arctic, and five countries: China, Japan, Mongolia, the United States, and North Korea.

Notes:
India has surpassed China in the MSCI Emerging Markets Investable Market Index (IMI), becoming the largest country by weight for the first time. The MSCI Emerging Markets Investable Market Index (IMI) includes large, mid, and small cap stocks from 24 emerging markets. With 3,355 companies, the IMI covers about 99% of the free float-adjusted market capitalization in these countries.