Current Affairs Quiz - September, 2024

Notes:
Prime Minister Narendra Modi addressed Global Fintech Fest (GFF) 2024 held at the Jio World Convention Centre in Mumbai.
The event is organized jointly by the Payments Council of India, the National Payments Corporation of India (NPCI), and the Fintech Convergence Council (FCC). The GFF is considered one of the world’s largest gatherings of fintech startups, investors, experts, bankers, and regulators from around the globe.

Notes:
The National Tiger Conservation Authority (NTCA) approved the resumption of the big cat relocation project in Satkosia Tiger Reserve, Odisha, after a four-and-a-half-year suspension. Satkosia Tiger Reserve is located in Odisha, spanning four districts: Angul, Cuttack, Boudh, and Nayagarh. It covers 1,136.70 sq. km., with a core area of 523.61 sq. km., and is part of the Mahanadi Elephant Reserve. The reserve is a meeting point of the Deccan Peninsula and Eastern Ghats regions. The terrain is hilly with slopes and valleys; the Mahanadi River flows through it.

Notes:
Cyclone Asna formed from a deep depression over Gujarat’s Kutch region and is set to become a tropical cyclone over the Arabian Sea. Unlike typical cyclones that form over warm ocean waters, Asna developed over land in Gujarat. Historically, cyclones have originated over mainland India only three times in August (1976, 1964, and 1944) and strengthened as they moved into the Arabian Sea. Possible causes include unusual monsoon winds, moisture from the Arabian Sea, soil moisture, and warming of the Indian Ocean.

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 Uttar Pradesh Cabinet approved a new social media policy to regulate content on platforms like Facebook, X, Instagram, and YouTube. Social media influencers can earn up to ₹8 lakh per month by promoting government schemes. The policy aims to create job opportunities for residents within the state and those living elsewhere. Platforms are divided into four categories based on followers for payouts. Maximum monthly payouts range from ₹2 lakh to ₹8 lakh depending on the platform and content type. A digital agency named ‘V-Form’ will manage government advertisements. The policy includes guidelines for handling objectionable content, targeting anti-national, anti-social, fake news, or inflammatory posts.

Notes:
Preethi Pal became the first Indian woman to win two Paralympic medals in track and field events at Paris Paralympics 2024. She won bronze in the women’s 200m T35 class with a personal best time of 30.01 seconds. Earlier, she had secured another bronze in the 100m T35 class at the same event. She was outpaced by Xia Zhou and Guo Qianqian from China, who won gold and silver, respectively. Her achievements mark a historic moment for Indian women in the Paralympics and Olympics.

Notes:
Poachers killed two chitals in Pilibhit Tiger Reserve (PTR) and stole a rifle from a forest guard. It is located in Uttar Pradesh’s Pilibhit, Lakhimpur Kheri, and Bahraich districts. It lies near the India-Nepal border, in the foothills of the Himalayas and the Terai plains. The Gomti River originates from Pilibhit Tiger Reserve, with other rivers like Sharda also flowing through it. The reserve has a North Indian moist deciduous type of vegetation. It experiences a hot and dry climate with dry teak forests. Chitals, common in Indian forests, inhabit subtropical grasslands and forests across South Asia.

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 2024 edition of Indo-French bilateral naval ‘Exercise Varuna’ held in the Mediterranean Sea from September 2-4, 2024, involving advanced tactical exercises. The Indian Navy’s P-8I aircraft landed at Air Base 125 Istres-Le Tube in France for its first-ever European deployment. This was for the 22nd edition of Exercise Varuna with the French Navy. The last time an Indian Navy aircraft flew in France was 63 years ago when the Alize aircraft from INS Vikrant operated at Hyeres Airbase. The India-France naval exercise began in 1993, was named ‘Varuna’ in 2001, and reflects a strong strategic partnership between the two countries.

Notes:
Bengaluru’s Deputy Chief Minister, D.K. Shivakumar, launched the ‘Nambike Nakshe’ scheme to streamline building approvals. The scheme simplifies the process for properties up to 4,000 square feet within Bruhat Bengaluru Mahanagara Palike (BBMP) areas. It allows property owners to obtain provisional approval for building plans from certified architects or engineers. This change lets owners start planning their buildings sooner, bypassing initial approval complexities. It benefits landowners in areas developed by the Bangalore Development Authority and Karnataka Housing Board, often with plots around 50×80 feet.