Current Affairs Quiz:1 July 2024 – AffairsCloud.com

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  1. Name the portal for rural land records that was launched by the Union Minister of State (MoS) Dr. Jitendra Singh, Ministry of Science and Technology (MoST), Ministry of Earth Sciences (MoES), and Department of Space (DoS) in June 2024.
    1) NaViGate Bharat
    2) Diksha
    3) Bhuvan Panchayat
    4) eNAM
    5) Bhavishya

    Answer-3) Bhuvan Panchayat
    Explanation:
    Union Minister of State(MoS – Independent Charge) Dr Jitendra Singh, Ministry of Science and Technology(MoST); Ministry of Earth Sciences & Department of Space(DOS), launched two advanced Geoportals – ‘Bhuvan Panchayat (Version 4.0)‘ for rural land records and ‘National Database for Emergency Management (NDEM Version 5.0)’ for disaster management.
    ·         The Geoportals were developed by the Indian Space Research Organisation (ISRO).
    ·         These geospatial tools, meant for visualisation and planning, will provide high-resolution satellite imagery at a 1:10,000 scale for different locations across India.

  2. Which ministry has recently (in June ‘24) launched the ‘Safai Apnao, Bimaari Bhagao’ (SABB) initiative for clean and healthy cities through the Swachh Bharat Mission-Urban 2.0 (SBM-U 2.0)?
    1) Ministry of Tourism
    2) Ministry of Road Transport and Highways
    3) Ministry of Statistics and Programme Implementation
    4) Ministry of Housing and Urban Affairs
    5) Ministry of Environment, Forest and Climate Change

    Answer-4) Ministry of Housing and Urban Affairs
    Explanation:
    i.The Ministry of Housing and Urban Affairs (MoHUA), through Swachh Bharat Mission-Urban 2.0(SBM-U 2.0), introduces the ‘Safai Apnao, Bimaari Bhagao’ (SABB) initiative for clean and healthy cities
    ·         Campaign Period: 1st July to 31st August 2024.
    ·         Preparatory phase: 14th June to 30th June 2024.ii.SABB initiative calls for all Urban Local Bodies (ULBs) to adopt comprehensive interventions that focus on swachhata, advocacy, and inter-departmental convergence.
    iii.It also envisages rapid assessments to identify high-risk areas, adoption of Protect Prevent Treat Strategy (PPTS) and coordination & monitoring.

  3. Which of the following Ministry is ‘not’ a part of the Unified Legal and Policy Framework for One Health initiative ?
    1) Ministry of Health & Family Welfare (MoHFW)
    2) NITI Aayog
    3) Ministry of Law and Justice ( MoL&J)
    4) Ministry of Environment, Forest and Climate Change (MoEFCC)
    5) Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH)

    Answer-5) Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH)
    Explanation:
    The Ministry of Health & Family Welfare (MoHFW), NITI Aayog, Ministry of Law and Justice ( MoL&J), Ministry of Environment, Forest and Climate Change (MoEFCC) and Department of Animal Husbandry and Dairying (DAHD), Ministry of Fisheries, Animal Husbandry & Dairying (MoFAHD) joined hands to initiate Unified Legal and Policy Framework for One Health.
    ·         The Centre for One Health, National Centre for Disease Control, and Directorate General of Health Services organised a two-day National Consultation on Legal Environment Assessment for ‘One Health’ initiative held from 27-28th June 2024 at New Delhi, Delhi.
    ·         The consultation is being organised to generate ideas on the legal and policy views on the core domains of One Health, i.e., IHR, Biosafety and Security, Zoonoses, Anti-Microbial Resistance (AMR), food-borne illness, and Climate Change and Health, among others.
    ·         ‘One Health’ is a multi-sector and multi-stakeholder initiative, collective and coordinated activity required for its success on the ground level.

  4. In June 2024, the smallest Asian elephant subspecies ‘Bornean elephant(Elephas maximus borneensis)’has been assessed as _________ by the International Union for Conservation of Nature (IUCN) Red List of Threatened Species.
    1) Vulnerable
    2) Near Threatened
    3) Endangered
    4) Globally Threatened
    5) Critically Endangered

    Answer-3) Endangered
    Explanation:
    The Bornean elephant(Elephas maximus borneensis), the smallest Asian elephant subspecies has been assessed as ‘Endangered’ by the International Union for Conservation of Nature (IUCN) Red List of Threatened Species, due to threats from human activities.
    ·         The Bornean elephants has been assessed on the IUCN Red List for the 1st time as a distinct subspecies of Asian elephants.
    ·         The assessment confirms that there are approximately 1,000 Bornean elephants left in the wild, with about 400 being breeding adults.
    ·         Bornean elephants are distinguished by their small size, with males growing to some 2.5 meters (m) in height compared to 3 m on the mainland.
    ·         Borneo has the distinction of being the only island in the world that is shared by 3 countries: Malaysia, Indonesia, and Brunei.

  5. In June 2024, the World Bank (WB) approved_________  for ‘Second Low-Carbon Energy Programmatic Development Policy Operation’ to accelerate the development of low-carbon energy in India.
    1) USD 2.6 billion
    2) USD 1.5 billion
    3) USD 9.8 billion
    4) USD 3.5 billion
    5)  USD 6.2 billion

    Answer- 2) USD 1.5 billion
    Explanation:
    On June 29, 2024, The World Bank (WB) approved USD 1.5 billion for the ‘Second Low-Carbon Energy Programmatic Development Policy Operation’ to help India accelerate the development of low-carbon energy.
     It is the second in a series of two similar-sized operations, which mainly focuses on enhancing market capabilities for green hydrogen, scaling up renewable energy capacity, and stimulating investments in low-carbon energy sectors.
     It will support reforms aimed at increasing green hydrogen production, including the development of electrolyzers which are essential for hydrogen production.
     It also intends to incentivize battery energy storage systems and enhance the integration of renewable energy into India’s electricity grid through amendments to the Indian Electricity Grid Code (IEGC).

  6. In June 2024, the Securities and Exchange Board of India (SEBI) raised the threshold of the Basic Service Demat Account (BSDA) from the existing limit of Rs 2 lakh to ________.
    1)  Rs 5 lakh
    2)  Rs 8 lakh
    3)  Rs 3 lakh
    4)  Rs 6 lakh
    5) Rs 10 lakh

    Answer-5) Rs 10 lakh
    Explanation:
    On 28th June 2028, the Securities and Exchange Board of India (SEBI) has raised the threshold of Basic Service Demat Account (BSDA) from existing limit of Rs 2 lakh to Rs 10 lakh. It aims to encourage small investors to participate in the stock market and promote their financial access.
    ·         As per the SEBI circular, the updated regulations will come into effect from 1st September, 2024.
    ·         As per new regulations, in order to be eligible for BSDA, an individual is required to have only one demat account where the person is the sole or 1st holder across all depositories and the value of securities in the account should not exceed Rs 10 lakh for both debt and non-debt securities at any time.
    ·         As per SEBI circular, the annual maintenance charges for a BSDA will be nil for portfolio up to Rs 4 lakh and for portfolio up to Rs 10 lakh, the annual charges will be Rs 100.

  7. In June 2024, the Securities and Exchange Board of India (SEBI) has revised the eligibility criteria for entry and exit of stocks in the __________ segment of exchanges.
    1) Equities
    2) Derivatives
    3) Currencies
    4) Commodities
    5) Assets

    Answer-2) Derivatives
    Explanation:
    On 28th June 2024, the board of Securities and Exchange Board of India (SEBI) has revised the eligibility criteria for entry and exit of stocks in the derivatives segment of exchanges.
    ·         As per new rules, the eligibility criteria for exit will be applicable to only those stocks that have been in the derivative segment for minimum 6 months.
    ·         Whereas, the exit criteria for existing stocks in the derivatives segment will be based on their performance and will be applicable 3 months after the date of issuance of circular.
    The SEBI has also introduced Product Success Framework (PSF) in single stock Futures & Options(F&O) segment. The new framework will become applicable after 6 months from the date of issuance of the circular.

  8. Which bank has recently (in June ‘24) signed an agreement to provide financial support of over Rs 850 crore for urban infrastructure projects in Mumbai with the Mumbai Metropolitan Region Development Authority(MMRDA)?
    1) Asian Development Bank
    2) World Bank
    3) KfW Bank
    4) Japan International Cooperation Agency
    5) Asian Infrastructure Investment Bank

    Answer-3) KfW Bank
    Explanation:
    The Mumbai Metropolitan Region Development Authority (MMRDA) has signed an agreement with Frankfurt-based-German state-owned development bank KfW(formerly known as KfW Bankengruppe) to provide financial support of over Rs 850 crore for urban infrastructure projects in Mumbai, Maharashtra.
    ·         As per the agreement, MMRDA will also raise around Rs 365 crore through its own resources as its equity contribution for these sustainable projects.
    ·         The funds provided by KfW and MMRDA through their resources will mainly be allocated towards various sustainable development projects within and around the Mumbai Metropolitan Region in Maharashtra.

  9. Who was recently (in June ‘24) elected as the new President of the European Council?
    1) Klaus Schwab
    2) Dr.Emmanuelle Soubeyran
    3) Ursula von der Leyen
    4) Antonio Costa
    5) Kaja Kallas

    Answer-4) Antonio Costa
    Explanation:
    António Costa, the Portuguese politician who served as the Prime Minister(PM) of Portugal from 2015 to 2024, was elected as the New President of the European Council.
    ·         He will take office in December 2024 succeeding Charles Michel of Belgium, who has been holding the post since 2019.
    ·         Antonio Costa is Nicknamed “Gandhi of Lisbon” for his frugal lifestyle and his Indian roots. He received the Pravasi Bharatiya Samman from then President of India, Pranab Mukherjee.  He also holds an Overseas Citizen of India (OCI) card.
    i.Ursula von der Leyen of Germany was nominated for a second 5-year term as President of the European Commission, the executive body of EU.
    ii.Kaja Kallas, the first woman PM of Estonia, has been chosen as the candidate for High Representative of the Union for Foreign Affairs and Security Policy. Click here to read more

  10. Name the helicopter that was recently (in June ‘24) de-inducted by the Indian Navy after its 17 years of service.
    1) Apache
    2) Mi-17 V5
    3) Chetak
    4) MH 60R Seahawk
    5) UH-3H

    Answer-5) UH-3H
    Explanation:
    On 28th June 2024, The Indian Navy bid farewell to the UH-3H helicopter after 17 years of service. Vice Admiral Sameer Saxena, Chief of Staff (COS), Eastern Naval Command (ENC) presided the de-induction ceremony held at INS Dega, the naval air station, in Visakhapatnam, Andhra Pradesh(AP)
    ·         The UH-3H helicopter will be replaced by the Sea King 42C helicopter in the Indian Naval Air Squadron (INAS) 350, to continue and deliver operational power and capability.
    ·         The UH-3H was brought to India in 2007 along with the Indian Naval Ship (INS) Jalashwa and inducted into INAS 350 christened “Saaras” on 24 March 2009.

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