Reports and Indices Current Affairs MCQs

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UNODC released its Annual World Drug Report (2024) on World Drug Day, June 26th, aiming to combat drug abuse and trafficking globally. The report highlights a rise in illicit drug use, with 292 million users worldwide by 2022. Cannabis remains the most abused drug, followed by opioids and others. Regions like the Triple Frontier and Golden Triangle face significant criminal activity. Legalization efforts in Canada, Uruguay, and parts of the US are noted, alongside environmental impacts of drug-related activities.

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The International Monetary Fund (IMF) has launched the AI Preparedness Index (AIPI) Dashboard, ranking 174 countries on their readiness to adopt AI technologies. Categories include Low-Income Countries (LIC), Emerging Market Economies (EM), and Advanced Economies (AE). Singapore, Denmark, and the United States lead the AE category, while India, an EM, ranks 72nd with a score of 0.49. China ranks 31st with a score of 0.63, reflecting its higher readiness compared to neighboring countries like Bangladesh and Sri Lanka.

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The World Economic Forum (WEF) released “The Future of Financial Advice” report, highlighting the importance of traditional financial advisors despite the rise of finfluencers. Finfluencers, who provide financial advice via social media, influence many individuals’ financial decisions. Key reasons for their popularity include social media accessibility (used by 60% of the global population), diverse and inclusive content, and engaging educational formats like short videos and memes.

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The “State of the World’s Mangroves 2024” report by the Global Mangrove Alliance highlights that Southeast Asia holds nearly one-third of global mangroves, with Indonesia having 21%. Half of the world’s mangroves are threatened, including those in Lakshadweep and Tamil Nadu. Key drivers of mangrove loss are climate change, industrial shrimp aquaculture in Andhra Pradesh, West Bengal, Gujarat, and conversion to oil palm plantations and rice cultivation.

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Wayanad, Kerala, struck by a deadly landslide killing nearly 200 people, ranked 13th in ISRO’s 2023 Landslide Atlas of India. Prepared by National Remote Sensing Centre (NRSC) of ISRO, the atlas details landslide occurrences and damage in 147 districts across 17 states and two Union Territories. It includes 80,000 landslides mapped from 1998 to 2022, categorized by season, event, and route. The data, using high-resolution satellite imagery, ranked districts based on socio-economic exposure to landslides.

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The World Bank’s 2024 report highlights the “Middle-Income Trap,” where countries stuck in middle-income status struggle to advance to high-income levels. This trap often occurs around $8,000 GDP per capita. Since 1990, only 34 of 108 middle-income countries have moved to high-income status. Key challenges include aging populations, rising protectionism, and the need for faster energy transitions. India, classified as a lower-middle-income country since 2007, has a GNI per capita of $2,540 and would need 75 years to reach one-quarter of U.S. income per capita at current trends.

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NITI Aayog’s report, “Strategy for the development of Seaweed Value Chain,” highlights the importance of seaweeds, marine plants thriving in water bodies, cultivated in aquaculture. The fishing and aquaculture sector contributes 1.5% to India’s GDP. Seaweed farming has economic significance for bioactive compounds in food and pharmaceuticals, environmental benefits in carbon sequestration and climate resilience, and nutritional value with essential minerals and vitamins.

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GAIN’s report, “The Case for Investment in Nutritious Foods Value Chains,” urges nutrition investments in the agri-food sector to reduce gender inequalities, boost productivity, and enhance business resilience. GAIN, a Swiss NGO launched at the UN in 2002, addresses malnutrition by supporting public-private partnerships to increase access to essential nutrients in diets.

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The Ministry of Women and Child Development released the Model Foster Care Guidelines (MFCG), 2024, updating the 2016 guidelines based on various legal frameworks. Foster care involves placing a child with a family other than their biological one, approved by the Child Welfare Committee. The new guidelines extend eligibility to single females and allow them to foster or adopt any gender, while single males can only foster male children. Any individual can foster, regardless of marital status, but married couples must have a stable relationship of 2 years. Foster parents can now adopt a child after fostering for 2 years, instead of 5.

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The World Meteorological Organisation (WMO) released the 2nd Edition of the Ozone and UV Bulletin on World Ozone Day (16 September). This day celebrates the Montreal Protocol and its amendment, the Kigali Agreement. The theme for this year is “Montreal Protocol: Advancing Climate Actions.” Key findings show the ozone layer is recovering, with ozone-depleting substances (ODS) decreasing. Full recovery is expected by 2066 over Antarctica, 2045 over the Arctic, and 2040 globally. The Kigali Amendment could reduce global warming by 0.5°C by 2100. Ozone depletion is mainly caused by ODS, especially in the Antarctic.