Current Affairs Quiz - September, 2024
1. Which organization has introduced ‘Dispute Resolution Scheme (e-DRS)’, recently seen in news?
[A] Securities and Exchange Board of India (SEBI)
[B] Central Board of Direct Taxes (CBDT)
[C] Reserve Bank of India (RBI)
[D] Ministry of Finance
[B] Central Board of Direct Taxes (CBDT)
[C] Reserve Bank of India (RBI)
[D] Ministry of Finance
Correct Answer: B [Central Board of Direct Taxes (CBDT)]
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.
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.
2. Recently, which ministry of India has recommended imposing an anti-dumping duty on aluminium foil imported from China?
[A] Ministry of Power
[B] Ministry of Home Affairs
[C] Ministry of External Affairs
[D] Ministry of Commerce and Industry
[B] Ministry of Home Affairs
[C] Ministry of External Affairs
[D] Ministry of Commerce and Industry
Correct Answer: D [Ministry of Commerce and Industry]
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.
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.
3. What is ‘Ophiocordyceps unilateralis’, recently seen in news?
[A] Bacteria
[B] Fish
[C] Virus
[D] Fungus
[B] Fish
[C] Virus
[D] Fungus
Correct Answer: D [Fungus]
Notes:
Wildlife researcher Chris Ketola shared a video of a tarantula infected by a zombie fungus called Ophiocordyceps unilateralis. This fungus drains its host of nutrients and fills its body with spores for reproduction. The fungus takes control of the host’s mind and motor functions, then eats away at the body. Cordyceps fungi mainly infect invertebrates, especially insects like ants and spiders. Tarantulas are large, hairy spiders belonging to the Theraphosidae family. Over 900 species of tarantulas exist worldwide, except in Antarctica. Tarantulas are nocturnal predators with an average body length of 5 inches and a leg span of up to 11 inches.
Wildlife researcher Chris Ketola shared a video of a tarantula infected by a zombie fungus called Ophiocordyceps unilateralis. This fungus drains its host of nutrients and fills its body with spores for reproduction. The fungus takes control of the host’s mind and motor functions, then eats away at the body. Cordyceps fungi mainly infect invertebrates, especially insects like ants and spiders. Tarantulas are large, hairy spiders belonging to the Theraphosidae family. Over 900 species of tarantulas exist worldwide, except in Antarctica. Tarantulas are nocturnal predators with an average body length of 5 inches and a leg span of up to 11 inches.
4. Which organization recently launched “Vulture Count 2024” initiative?
[A] United Nations Environment Programme
[B] Global Footprint Network
[C] World Wide Fund for Nature-India
[D] Greenpeace
[B] Global Footprint Network
[C] World Wide Fund for Nature-India
[D] Greenpeace
Correct Answer: C [World Wide Fund for Nature-India]
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.
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.
5. Recently, which ministry launched the new ‘Notary Portal’ in New Delhi?
[A] Ministry of Law and Justice
[B] Ministry of Home Affairs
[C] Ministry of Defence
[D] Ministry of Power
[B] Ministry of Home Affairs
[C] Ministry of Defence
[D] Ministry of Power
Correct Answer: A [Ministry of Law and Justice]
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.
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.
6. Digital Bus initiative, recently seen in news, is launched by which two organizations?
[A] National Digital India Mission and NIIT Foundation
[B] Ministry of Education and Infosys Foundation
[C] NITI Aayog and Department of IT
[D] Digital India Mission and Tata Consultancy Services
[B] Ministry of Education and Infosys Foundation
[C] NITI Aayog and Department of IT
[D] Digital India Mission and Tata Consultancy Services
Correct Answer: A [National Digital India Mission and NIIT Foundation]
Notes:
The Digital Bus initiative has impacted over three lakh beneficiaries across India since its launch in 2017. It is a joint venture between the National Digital India Mission and the NIIT Foundation, aiming to bring technology to remote areas and foster innovation. The initiative seeks to reduce the digital divide, connect people to government programs, enhance learning interest, promote collaborative learning, and develop interpersonal skills. The solar-powered, 5G-enabled buses serve as mobile classrooms with computers, internet access, and preinstalled e-courses. The courses focus on basic digital skills and offer career programs to help beneficiaries find jobs in nearby cities or towns.
The Digital Bus initiative has impacted over three lakh beneficiaries across India since its launch in 2017. It is a joint venture between the National Digital India Mission and the NIIT Foundation, aiming to bring technology to remote areas and foster innovation. The initiative seeks to reduce the digital divide, connect people to government programs, enhance learning interest, promote collaborative learning, and develop interpersonal skills. The solar-powered, 5G-enabled buses serve as mobile classrooms with computers, internet access, and preinstalled e-courses. The courses focus on basic digital skills and offer career programs to help beneficiaries find jobs in nearby cities or towns.
7. Recently, which ministry has launched the ‘Vishvasya-Blockchain Technology Stack’?
[A] Ministry of Electronics and Information Technology
[B] Ministry of New and Renewable Energy
[C] Ministry of Urban Development
[D] Ministry of Defence
[B] Ministry of New and Renewable Energy
[C] Ministry of Urban Development
[D] Ministry of Defence
Correct Answer: A [Ministry of Electronics and Information Technology]
Notes:
The Ministry of Electronics and Information Technology (MeitY) launched the Vishvasya-Blockchain Technology Stack to provide Blockchain-as-a-Service (BaaS). It is built on a distributed infrastructure, designed to support different permissioned blockchain applications. MeitY also introduced NBFLite, a lightweight blockchain platform, and Praamaanik, a solution for verifying mobile app origins. The National Blockchain Framework (NBF) aims to enhance digital trust and service delivery through research and application development. NBF offers secure, transparent services using smart contracts and an API gateway. The system is hosted in NIC data centers in Bhubaneswar, Pune, and Hyderabad.
The Ministry of Electronics and Information Technology (MeitY) launched the Vishvasya-Blockchain Technology Stack to provide Blockchain-as-a-Service (BaaS). It is built on a distributed infrastructure, designed to support different permissioned blockchain applications. MeitY also introduced NBFLite, a lightweight blockchain platform, and Praamaanik, a solution for verifying mobile app origins. The National Blockchain Framework (NBF) aims to enhance digital trust and service delivery through research and application development. NBF offers secure, transparent services using smart contracts and an API gateway. The system is hosted in NIC data centers in Bhubaneswar, Pune, and Hyderabad.
8. Which ministry has recently launched the ‘VisioNxt web portal’?
[A] Ministry of Science and Technology
[B] Ministry of Textiles
[C] Ministry of Defence
[D] Ministry of Home Affairs
[B] Ministry of Textiles
[C] Ministry of Defence
[D] Ministry of Home Affairs
Correct Answer: B [Ministry of Textiles]
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.
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.
9. Recently, where was the “Eastern Economic Forum 2024” held?
[A] Bhopal, India
[B] Vladivostok, Russia
[C] Beijing, China
[D] Tokyo, Japan
[B] Vladivostok, Russia
[C] Beijing, China
[D] Tokyo, Japan
Correct Answer: B [Vladivostok, Russia]
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.
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.
10. BPaLM Regimen, recently seen in the news, is associated with which disease?
[A] Malaria
[B] Dengue
[C] Tuberculosis
[D] Typhoid
[B] Dengue
[C] Tuberculosis
[D] Typhoid
Correct Answer: C [Tuberculosis]
Notes:
The Union Health Ministry recently introduced the BPaLM regimen for treating Multidrug-Resistant Tuberculosis (MDR-TB) under the National TB Elimination Program. The BPaLM regimen combines four drugs: Bedaquiline, Pretomanid, Linezolid, and optionally Moxifloxacin. Pretomanid is a new anti-TB drug approved for use in India. The regimen is safer, more effective, and patient-friendly compared to traditional treatments. It is an all-oral treatment with fewer side effects and a shorter duration of just six months, compared to the previous 20-month treatments for drug-resistant TB.
The Union Health Ministry recently introduced the BPaLM regimen for treating Multidrug-Resistant Tuberculosis (MDR-TB) under the National TB Elimination Program. The BPaLM regimen combines four drugs: Bedaquiline, Pretomanid, Linezolid, and optionally Moxifloxacin. Pretomanid is a new anti-TB drug approved for use in India. The regimen is safer, more effective, and patient-friendly compared to traditional treatments. It is an all-oral treatment with fewer side effects and a shorter duration of just six months, compared to the previous 20-month treatments for drug-resistant TB.
