Current Affairs Quiz - September, 2024

Notes:
Prime Minister Narendra Modi laid the foundation for the Vadhvan Port project in Palghar, Maharashtra, worth around ₹76,000 crore. Vadhvan Port is set to become one of the top 10 ports globally, with a handling capacity of 23.2 million TEUs. The port, near Dahanu town, Maharashtra, will be one of India’s largest deep-water ports, offering direct connectivity to international shipping routes. Equipped with modern technology and infrastructure, it will feature deep berths and efficient cargo handling. The project will create significant employment, boost local businesses, and support regional economic growth. It emphasizes sustainable development, minimizing environmental impact. Once operational, the port will enhance India’s maritime connectivity and strengthen its global trade position.

Notes:
Recently, five people fell unconscious and were hospitalized in Visakhapatnam while shifting acetanilide bags between containers. Acetanilide is a synthetic organic compound with the formula C8H9NO, also known as N-phenylacetamide or acetanil. It is a white, odorless solid related to acetic acid and was first used as a fever-reducing drug in 1886.
Acetanilide was used for pain relief, including headaches and cramps, but has been largely replaced by acetaminophen (paracetamol) due to toxic side effects that affect hemoglobin function. It is still used as an intermediate in producing dyes, rubber, and other chemicals.

Notes:
The Union Ministry of Commerce and Industry recommended an anti-dumping duty on aluminium foil imported from China. Anti-dumping duty is a tariff imposed on foreign imports priced below fair market value. Dumping occurs when a product is exported at a price lower than in its domestic market. The duty matches the price difference between the import price and market value in the exporting or other similar markets. It aims to protect local businesses from unfair competition by foreign imports. The World Trade Organization (WTO) allows anti-dumping measures to ensure fair competition. Legal action requires evidence of genuine harm to domestic industries.

Notes:
The world’s first fast-charging e-bus is named ‘Veera Mahasamrat.’ It was launched in Bengaluru by Veera Vahana and Exponent Energy. The bus aims to improve travel by eliminating range anxiety with its fast charging. It will first operate on the Bengaluru-Hyderabad route. Four charging stations will be set up along this route to support the e-bus. The launch of ‘Veera Mahasamrat’ is a major step in promoting sustainable transportation in the region.

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:
An elephant patrol team recently rescued a tusker stuck in a rail barricade in the Maddur range of Bandipur Tiger Reserve. Bandipur Tiger Reserve is located in Mysore and Chamarajanagar districts of Karnataka, at the tri-junction of Karnataka, Tamil Nadu, and Kerala. Geographically, it is an “ecological confluence” of the Western and Eastern Ghats.
The reserve was once a hunting ground for the Mysore kingdom rulers. It was established as Venugopala Wildlife Park in 1931 by the Maharaja of Mysore and expanded as Bandipur Tiger Reserve under Project Tiger in 1973. The reserve is bordered by the Kabini River to the north and the Moyar River to the south. Bandipur experiences a tropical climate with distinct wet and dry seasons.

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 Union Ministry of Textiles launched the VisioNxt web portal to make India a global fashion leader. The portal provides real-time, India-specific fashion trend insights, reducing reliance on foreign forecasting agencies. It was launched by Union Minister Giriraj Singh on 5 September 2024 in New Delhi. The India-specific Fashion Trend Book ‘Paridhi 24×25’ was also unveiled at the event. The VisioNxt portal was developed by the National Institute of Fashion Technology (NIFT). Located at NIFT Chennai, VisioNxt uses AI and emotional intelligence, with a prediction model called “DeepVision” to interpret Indian fashion trends.

Notes:
The Union Ministry of Electronics & IT launched the 2nd Cohort of the Startup Accelerators of MeitY for Product Innovation, Development and Growth (SAMRIDH) scheme. SAMRIDH, started in August 2021, is a flagship program of Ministry of Electronics and Information Technology under the National Policy on Software Products – 2019. The program supports 300 software startups with a ₹99 crore budget over 4 years. It helps existing and new accelerators select and scale potential IT-based startups. SAMRIDH provides startups with customer connections, investor connections, and international market access to boost growth. The initiative aims to accelerate innovation, development, and growth in the tech sector.

Notes:
The Agni-4 missile, developed by DRDO, was successfully tested on 6 September 2024 from Odisha’s Integrated Test Range. This was the ninth test of the nuclear-capable intermediate-range ballistic missile (IRBM). The test was conducted by India’s Strategic Forces Command, which oversees all nuclear weapons. Agni-4 can carry nuclear weapons and will be controlled by the Strategic Forces Command. Development of Agni-4 began in 2007 to strengthen India’s nuclear deterrence against China and Pakistan. The first test in 2010 failed, but the first successful user trial occurred in 2014.