Daily Current Affairs November 06

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs November 06. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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November 06 | Daily Current Affairs 2024

Important Days – Daily Current Affairs November 06

1. What is observed on 6 November to raise awareness about the environmental impact of war and armed conflict?
A) International Day of Peace
B) World Environment Day
C) International Day for Preventing the Exploitation of the Environment in War and Armed Conflict
D) Earth Day
E) International Conflict Resolution Day
Answer: C) International Day for Preventing the Exploitation of the Environment in War and Armed Conflict

Event and Date:

• Event: International Day for Preventing the Exploitation of the Environment in War and Armed Conflict
• Date: 6 November (observed annually)

Background and Significance:

• Purpose:
  • This day was established by the United Nations General Assembly in 2001 to raise awareness about the impact of war on the environment and emphasize the importance of protecting natural resources, even during conflicts.
• Environmental Impact of War:
  • In wars, the environment often becomes a “silent victim,” with damage including pollution of water wells, destruction of crops, deforestation, soil contamination, and loss of biodiversity. These actions not only affect ecosystems but also jeopardize human health and livelihoods, creating long-term consequences.
• UNEP’s Findings:
  • According to the United Nations Environment Programme (UNEP), 40% of internal conflicts over the past 60 years have been linked to natural resource exploitation, such as the extraction of timber, diamonds, gold, and oil. Conflicts centered on natural resources are also more likely to relapse.

Key Initiatives and Partnerships:

• EU-UN Partnership on Land and Natural Resource Conflicts:
  • A partnership involving six UN agencies and departments (UNEP, UNDP, UNHABITAT, PBSO, DPA, and DESA) alongside the European Union to prevent and transform tensions over natural resources as part of peacebuilding.
• Global Research Programme on Post-Conflict Peacebuilding and Natural Resources:
  • Launched by UNEP, the Environmental Law Institute (ELI), and universities like Tokyo and McGill, this program collects research on managing natural resources in post-conflict settings, providing over 150 case studies on best practices.
• UN Partnership on Women and Natural Resources in Peacebuilding:
  • A collaboration between UNEP, UN Women, UNDP, and PBSO focusing on the connection between gender equality, women’s empowerment, and sustainable resource management in conflict-affected areas.

Important Terms Explained:

• UNEP (United Nations Environment Programme):
  • The UN agency responsible for coordinating environmental efforts, addressing environmental issues, and promoting sustainability globally.
• Sustainable Development Goals (SDGs):
  • A collection of 17 global goals set by the United Nations in 2015 to address environmental, economic, and social challenges by 2030, including peace, justice, and strong institutions.

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Obituary – Daily Current Affairs November 06

2. Sharda Sinha, the celebrated folk singer who recently passed away, was popularly known for singing in which regional languages?
A) Bengali and Assamese
B) Maithili and Bhojpuri
C) Gujarati and Rajasthani
D) Tamil and Telugu
E) Punjabi and Haryanvi
Answer: B) Maithili and Bhojpuri

Event and Location:

• Event: Demise of Sharda Sinha, the veteran folk singer.
• Location: Passed away in New Delhi at All India Institute of Medical Sciences (AIIMS).
• Date: November 6, 2024.

Background and Achievements:

• Personal and Professional Background:
  • Born: October 1, 1952, in Supaul, Bihar.
  • Sharda Sinha, known as the “Bihar Kokila” (Nightingale of Bihar), was a prominent figure in Indian folk music, especially known for her songs in Maithili, Bhojpuri, and Magahi.
  • Her songs captured the essence of Bihari culture and included traditional tunes for festivals like Chhath Puja and wedding rituals (Vivah Geet).
• Recognition and Awards:
  • Padma Shri and Padma Bhushan (2018) – for her contributions to folk music.
  • Sangeet Natak Akademi Award – recognizing her influence on Indian folk music.
• Notable Works and Cultural Impact:
  • Her Chhath Puja songs created a devotional ambiance that resonated with listeners across India and abroad.
  • She also highlighted the lives of Girmitiya (indentured) laborers, a theme central to the history and culture of the region.
  • Known for her contributions to Purabiya (Eastern) culture, she was regarded as a cultural ambassador of Bihar, bringing regional music to a wider audience.

Important Terms Explained:

• Chhath Puja:
  • A significant festival celebrated primarily in Bihar, Jharkhand, and parts of Uttar Pradesh, dedicated to the Sun God and observed with songs, offerings, and rituals.
• Girmitiya:
  • A term referring to indentured laborers from India who were sent to British colonies in the 19th and early 20th centuries, particularly to work in plantations. Sharda Sinha’s songs explored themes relevant to these laborers’ lives.

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Banking and Finance – Daily Current Affairs November 06

3. The Government of India and which organization recently signed a $200 million loan agreement to upgrade urban services in Uttarakhand?
A) World Bank
B) Asian Development Bank (ADB)
C) International Monetary Fund (IMF)
D) New Development Bank (NDB)
E) European Investment Bank (EIB)
Answer: B) Asian Development Bank (ADB)

Event and Location:

• Event: Signing of a $200 million loan agreement between the Government of India and the Asian Development Bank (ADB) to upgrade urban services in Uttarakhand.
• Location: India.
• Date: November 6, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • To enhance water supply, sanitation, urban mobility, and public services in Uttarakhand, supporting climate-resilient infrastructure to improve urban livability.
• Targeted Areas and Infrastructure Improvements:
  • Haldwani: Development of 16 km of climate-resilient roads, an intelligent traffic management system, compressed natural gas (CNG) and electric buses, flood management through stormwater drains, and a green-certified administrative complex.
  • Four Cities (Champawat, Kichha, Kotdwar, Vikasnagar): Achieving 100% water service coverage by installing 1,024 km of climate-resilient pipelines, 26 tubewells, smart meters, a water treatment plant with 3.5 million-litre capacity, and sewage treatment in Vikasnagar.
• Additional Project Initiatives:
  • Disaster Preparedness: Installation of flood management systems, including early warning systems in Haldwani.
  • Women’s Empowerment: Training programs for women in bus driving, ticketing, and electric charging station operations to promote livelihoods and community engagement in urban services.

Important Terms Explained:

• Asian Development Bank (ADB):
  • A multilateral development bank that provides loans and grants to promote social and economic development in Asia.
• Climate-Resilient Infrastructure:
  • Infrastructure designed to withstand environmental changes and climate-related risks such as floods and landslides.
• Smart Water Meters:
  • Advanced water meters that monitor and report water usage in real-time, promoting efficient water management.

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4. Which Indian bank recently introduced real-time tracking for international money transfers in partnership with Swift?
A) HDFC Bank
B) ICICI Bank
C) IDFC FIRST Bank
D) Axis Bank
E) State Bank of India
Answer: C) IDFC FIRST Bank

Event and Location:

• Event: IDFC FIRST Bank launched a real-time tracking feature for international money transfers.
• Platform: Available via the IDFC FIRST Bank mobile app and online banking platforms.
  Project Mandates and Objectives:
• Primary Objective:
  • To enable customers to track international money transfers in real-time, increasing transparency and convenience in cross-border transactions.
• Key Features of the Service:
  • Real-Time Tracking: Customers can monitor the status of their international transfers 24/7, receiving updates on whether funds are in transit or credited to the recipient’s account.
  • Swift GPI Plugin: Global Payments Innovation (GPI) by Swift provides faster and more transparent cross-border payment services, allowing users to see transaction updates in real-time.
  • Error Notifications: Alerts for issues, such as incorrect recipient details, allowing users to take immediate corrective action.
• Accessibility:
  • This service is offered free of charge and is integrated with IDFC FIRST Bank’s Pay Abroad function.

Important Terms Explained:

• Swift GPI (Global Payments Innovation):
  • An initiative by Swift that enhances cross-border payment tracking, enabling faster, transparent, and secure international transfers with real-time updates.
• Liberalised Remittance Scheme (LRS):
  • An RBI scheme allowing Indian residents to remit funds abroad for purposes like education, medical expenses, and investment, up to a specified limit.
• Non-Resident External (NRE) and Non-Resident Ordinary (NRO) Accounts:
  • Accounts that allow Non-Resident Indians (NRIs) to transfer funds between India and abroad, enabling efficient management of overseas earnings.

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Business and Economy – Daily Current Affairs November 06

5. Which company recently partnered with T-Hub to support automotive start-ups in India?
A) Tata Motors
B) Mahindra & Mahindra
C) Toyota
D) DENSO
E) Honda
Answer: D) DENSO

Event and Location:

• Event: Partnership between DENSO and T-Hub to support automotive start-ups in India.
• Location: Hyderabad, Telangana.
• Date: November 6, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • The collaboration aims to foster innovation in automotive technologies by supporting a network of start-ups focused on next-generation, intelligent automotive solutions.
• Key Activities:
  • Hackathons and Innovation Challenges: DENSO will assist T-Hub in organizing hackathons and challenges centered on automotive technologies.
  • Support for Start-Ups:
    • DENSO plans to offer R&D resources and technical expertise to empower start-ups through T-Hub’s T-Connect platform.
    • The initiative will help start-ups scale by connecting them with experienced resources, aligning with DENSO’s focus on advanced automotive tech.

Important Terms Explained:

• DENSO:
  • A Japanese automotive technology company specializing in next-gen automotive solutions and innovations in transportation technologies.
• T-Hub:
  • A start-up ecosystem enabler based in Hyderabad, India, supporting innovative start-ups and providing resources for growth and development.
• Hackathons and Innovation Challenges:
  • These events bring together individuals or teams to solve specific challenges or create prototypes, fostering innovation and problem-solving.
• T-Connect Platform:
  • A collaborative platform of T-Hub that connects start-ups with industry leaders and resources to address sector-specific challenges.

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6. Which organization recently invested $400 million in Bajaj Finance to support climate finance initiatives?
A) Asian Development Bank
B) International Finance Corporation (IFC)
C) World Bank
D) Reserve Bank of India
E) Bank of America
Answer: B) International Finance Corporation (IFC)

Event and Location:

• Event: IFC’s $400 million loan to Bajaj Finance Ltd (BFL) to support climate finance and expand sustainable lending.
• Location: India.
• Date: November 6, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • To promote climate finance in India by supporting the development of environmentally friendly sectors, specifically electric vehicles (EVs) and energy-efficient consumer goods (EECG).
• Investment Details:
  • This loan is part of BFL’s $1 billion fundraising goal to expand green lending and promote financial inclusion for sustainable development.
• Target Outcomes by 2027:
  • With this funding, Bajaj Finance aims to quadruple its climate loans by 2027, contributing significantly to India’s climate objectives and the adoption of cleaner, energy-efficient technologies.

Important Terms Explained:

• International Finance Corporation (IFC):
  • A member of the World Bank Group, focusing on private sector development and investments in emerging markets to promote sustainable economic growth.
• Bajaj Finance Ltd (BFL):
  • A prominent non-banking financial company (NBFC) in India, known for its lending services across multiple sectors, including consumer finance and small businesses.
• Climate Finance:
  • Funding aimed at reducing carbon emissions and supporting climate-friendly projects, such as renewable energy and electric vehicle infrastructure.
• Energy-Efficient Consumer Goods (EECG):
  • Products that consume less energy and reduce environmental impact, promoting sustainability and energy conservation.

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Appointments – Daily Current Affairs November 06

7. Who won the 2024 U.S. Presidential Election to become the 47th President of the United States?
A) Joe Biden
B) Kamala Harris
C) Donald Trump
D) Ron DeSantis
E) Mike Pence
Answer: C) Donald Trump

Event and Location:

• Event: Donald Trump won the 2024 U.S. Presidential Election, defeating Vice President Kamala Harris, the Democratic candidate.
• Location: United States.
• Date of Victory: November 6, 2024.

Key Details:

• Historical Significance:
  • Donald Trump, aged 78, becomes the 47th President and is only the second U.S. president in history to win two non-consecutive terms, the first being Grover Cleveland.
  • He also sets a record as the oldest president to assume office.
• Concession Speech by Kamala Harris:
  • In a concession speech delivered at Howard University, her alma mater, Harris encouraged her supporters to keep advocating for their vision and values. She emphasized the importance of continuing the fight in democratic spaces like voting booths, courts, and public forums.
• Election Results:
  • Donald Trump secured 292 electoral votes, surpassing the 270 required to win the presidency, while Kamala Harris garnered 242 electoral votes.
  • Trump’s victory included wins in key swing states, such as Pennsylvania, Wisconsin, Georgia, and North Carolina.

Important Terms Explained:

• Electoral College:
  • The body of electors in the U.S. that formally elects the President and Vice President. Candidates need a majority of 270 electoral votes out of 538 to win.
• Swing States:
  • Key states with unpredictable voting patterns that can significantly influence the outcome of the election. Examples include Pennsylvania, Wisconsin, and Georgia.
• Concession Speech:
  • A speech delivered by the losing candidate in an election, acknowledging the opponent’s victory and typically calling for unity.

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Science and Technology – Daily Current Affairs November 06

8. Who recently collaborated with IIT-Roorkee to develop a millimeter wave transceiver aimed at enhancing 5G rural connectivity in India?
A) Reliance Jio
B) Bharti Airtel
C) Centre for Development of Telematics (C-DOT)
D) ISRO
E) Department of Telecommunications (DoT)
Answer: C) Centre for Development of Telematics (C-DOT)

Event and Location:

• Event: Collaboration between C-DOT and IIT-Roorkee to develop a millimeter wave transceiver for enhancing 5G rural connectivity.
• Location: New Delhi, India.
• Date: November 6, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • The collaboration aims to support the development of millimeter wave backhaul technology to bring 5G connectivity to rural areas.
• Technology Focus:
  • This project uses millimeter wave (mmWave) technology for efficient data transfer, critical for high-speed 5G connections.
  • It emphasizes a network design where small cell-based stations connect to the core network gateway using minimal fibre infrastructure.
• Expected Outcome:
  • The mmWave transceiver developed through this partnership is expected to reduce the need for extensive fibre networks in rural areas, making high-speed 5G more feasible and economical.

Important Terms Explained:

• Centre for Development of Telematics (C-DOT):
  • C-DOT is an R&D institution under the Department of Telecommunications (DoT), specializing in the development of indigenous telecommunications solutions.
• Millimeter Wave (mmWave):
  • A high-frequency radio spectrum band enabling rapid data transmission over short distances, essential for 5G networks.
• Backhaul Technology:
  • Infrastructure that connects local cell sites to the core network, facilitating data transfer and internet connectivity for end-users.
• 5G Rural Connectivity:
  • This initiative seeks to expand high-speed internet access in underserved rural areas, closing the digital divide in India.

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Defence – Daily Current Affairs November 06

9. The Indian Navy recently hosted which edition of the Mahasagar Summit focusing on maritime security in the Indian Ocean Region?
A) 1st
B) 2nd
C) 3rd
D) 4th
E) 5th
Answer: C) 3rd

Event and Location:

• Event: 3rd Mahasagar Summit hosted by the Indian Navy.
• Location: Held virtually.
• Date: November 6, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • The Mahasagar Summit serves as a maritime security outreach initiative by the Indian Navy for countries within the Indian Ocean Region (IOR).
• Summit Theme:
  • The theme of the third edition was “Training Cooperation to Mitigate Common Maritime Security Challenges in the IOR.”
• Focus Areas:
  • Collaborative Training and Cooperation: Senior leaders from 10 countries participated, focusing on enhancing training cooperation to address mutual security challenges.
  • Addressing Shared Threats: Discussions revolved around strategies for combating maritime security threats like piracy, illegal trafficking, and environmental hazards in the region.

Important Terms Explained:

• Indian Ocean Region (IOR):
  • A strategically significant region encompassing countries that border the Indian Ocean, with a focus on security, economic activities, and regional cooperation.
• Maritime Security:
  • Measures and collaborative efforts aimed at securing territorial waters and international seas from threats like piracy, smuggling, and terrorism.
• Mahasagar Summit:
  • An initiative by the Indian Navy to bring together regional and international partners for discussions on maritime security, cooperation, and capacity-building within the IOR.

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International Affairs – Daily Current Affairs November 06

10. Where was the 21st Edition of the India – US Military Cooperation Group (MCG) meeting held?
A) Washington, D.C.
B) Mumbai
C) New Delhi
D) Bangalore
E) Hawaii
Answer: C) New Delhi

Event and Location:

• Event: 21st Edition of the India – US Military Cooperation Group (MCG) meeting.
• Location: Manekshaw Centre, New Delhi, India.
• Date: November 5–6, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • The MCG meeting focused on strengthening Indo-US defence cooperation to address regional and global security challenges, with a specific emphasis on Indo-Pacific stability.
• Key Discussion Areas:
  • Topics included capacity building, training exchanges, defence industrial collaboration, and joint military exercises to enhance preparedness for conventional and hybrid threats.
• Co-Chairs:
  • India: Lieutenant General JP Mathew, Chief of Integrated Defence Staff.
  • United States: Lieutenant General Joshua M Rudd, Deputy Commander of the US Indo-Pacific Command.
• Commitment to Enhanced Interoperability:
  • Both sides reaffirmed the importance of the Indo-US defence partnership, highlighting ongoing projects and exploring new avenues to boost interoperability and strategic collaboration.

Important Terms Explained:

• Military Cooperation Group (MCG):
  • A bilateral defence forum to deepen strategic defence collaboration and operational readiness between the Indian Armed Forces and the US military.
• Indo-Pacific Command (USINDOPACOM):
  • A unified combatant command of the US, focusing on maintaining peace and security in the Indo-Pacific region.
• Hybrid Threats:
  • Complex security threats that combine traditional and irregular warfare, cyber operations, and other non-traditional tactics to destabilize or challenge conventional forces.

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National Affairs – Daily Current Affairs November 06

11. Which recently approved scheme provides financial support to meritorious students to help them pursue quality higher education in India?
A) PM-Awas Yojana
B) PM-Vidyalaxmi
C) PM-Kisan Samman
D) PM-Kaushal Vikas Yojana
E) PM-Dhan Laxmi Yojana
Answer: B) PM-Vidyalaxmi

Event and Location:

• Event: Approval of the PM-Vidyalaxmi Scheme by the Union Cabinet to provide financial support to meritorious students for higher education.
• Location: India.
• Date: November 6, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • To ensure that financial constraints do not prevent students from pursuing quality higher education in India.
• Eligibility and Coverage:
  • Students who secure admission in Quality Higher Educational Institutions (QHEIs), including top-ranked institutions based on NIRF rankings.
  • Covers approximately 22 lakh students annually across 860 qualifying institutions.
• Financial Support Mechanism:
  • Collateral-Free and Guarantor-Free Loans:
    • A special loan product for collateral-free, guarantor-free education loans accessible through a student-friendly, digital process.
  • Loan Guarantee and Interest Subvention:
    • Loans up to ₹7.5 lakhs will have 75% credit guarantee support from the government, aiding banks in expanding loan availability.
    • Students with an annual family income up to ₹8 lakhs are eligible for 3% interest subvention on loans up to ₹10 lakhs during the moratorium period.
  • Existing Support Mechanism Integration:
    • Builds upon existing schemes like PM-USP CSIS and CGFSEL which already offer full interest subvention to students from families with an annual income of up to ₹4.5 lakhs.

Important Terms Explained:

• PM-Vidyalaxmi Scheme:
  • A Central Sector Scheme aimed at providing education loans with government-backed credit guarantees and interest subventions to support higher education.
• National Institutional Ranking Framework (NIRF):
  • An official ranking framework that ranks Indian higher educational institutions based on various parameters.
• Credit Guarantee Fund Scheme for Education Loans (CGFSEL):
  • A government initiative under PM-USP to reduce risk for banks and encourage lending for education by offering credit guarantees.
• PM-USP CSIS:
  • Part of the PM-USP scheme offering full interest subvention on education loans up to ₹10 lakhs for students from lower-income backgrounds.

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12. The Cabinet recently approved an equity infusion of Rs.10,700 crore into which organization to support its working capital in 2024-25?
A) National Bank for Agriculture and Rural Development (NABARD)
B) Reserve Bank of India (RBI)
C) Food Corporation of India (FCI)
D) Indian Farmers Fertilizer Cooperative (IFFCO)
E) Agricultural and Processed Food Products Export Development Authority (APEDA)
Answer: C) Food Corporation of India (FCI)

Event and Location:

• Event: Approval of equity infusion of Rs.10,700 crore in Food Corporation of India (FCI) for working capital.
• Location: India.
• Date: November 6, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • To enhance the operational efficiency of FCI in ensuring food security and supporting Minimum Support Price (MSP)-based procurement.
• Purpose of Equity Infusion:
  • Working Capital: This equity infusion will strengthen FCI financially and reduce reliance on short-term borrowing, thereby lowering its interest burden.
  • Reduction of Subsidy Burden: By minimizing borrowing costs, the subsidy expenditure of the Government of India is expected to reduce.
• Historical Context:
  • Established in 1964, FCI began with an authorized capital of Rs. 100 crore. Due to the expansion of its operations, its authorized capital increased to Rs. 21,000 crore as of February 2024.
  • The recent approval raises FCI’s equity from Rs. 10,157 crore (FY 2023-24) by Rs. 10,700 crore, significantly boosting its financial base.

Important Terms Explained:

• Food Corporation of India (FCI):
  • FCI is a government entity responsible for procurement, storage, and distribution of food grains to ensure food security across India.
• Minimum Support Price (MSP):
  • A price set by the government to protect farmers from sharp price drops, ensuring they receive a guaranteed minimum income for their crops.
• Ways and Means Advance (WMA):
  • A temporary loan facility offered by the Reserve Bank of India (RBI) to meet immediate funding needs of central and state governments.

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13. Who launched the Nation-wide Digital Life Certificate Campaign 3.0 for pensioners in India?
A) Prime Minister Narendra Modi
B) Finance Minister Nirmala Sitharaman
C) Dr. Jitendra Singh
D) Home Minister Amit Shah
E) Defence Minister Rajnath Singh
Answer: C) Dr. Jitendra Singh

Event and Location:

• Event: Launch of Digital Life Certificate (DLC) Campaign 3.0 for the digital empowerment of pensioners in India.
• Location: India.
• Date: November 1–30, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • To enable pensioners to digitally submit their life certificates easily, improving accessibility and ensuring no pensioner is excluded.
• Scope of DLC Campaign 3.0:
  • Duration and Coverage: Conducted across 800 cities/towns with 1900 camps and 1100 nodal officers.
  • Home-Based Submissions: Allows super senior pensioners to submit from home with doorstep service provided by Gramin Dak Sewaks through IPPB.
  • Digital and Alternative Submission Options:
    • Pensioners can submit at Pension Disbursing Banks, IPPB, or from home via digital platforms.
    • Non-digital options, like post office or pension office visits, are also available to ensure inclusivity.
• Partnerships and Collaboration:
  • 19 Pension Disbursing Banks, 57 Pension Welfare Associations, Controller General of Defence Accounts (CGDA), India Post Payments Bank (IPPB), and UIDAI are participating.

Key Features of Digital Life Certificate (DLC):

• Jeevan Praman:
  • Digital Life Certificate (DLC) system, launched in 2014, allows pensioners to submit their life certificate digitally.
  • Face Authentication technology introduced in 2021 to make the process even easier.
• Accessibility and Feedback Mechanism:
  • Real-time monitoring of certificate submissions, feedback collection via helpline 1-800-111-960, and ongoing system improvements to ensure user-friendliness.

Important Terms Explained:

• Digital Life Certificate (DLC):
  • A digital verification system allowing pensioners to submit life certificates digitally without visiting pension offices.
• India Post Payments Bank (IPPB):
  • A government-owned payments bank in India providing banking and financial services with a focus on rural and underserved areas.

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14. Which two organizations recently signed an MoU to provide internship opportunities for undergraduate and postgraduate students in India?
A) NHIDCL and UGC
B) NHIDCL and AICTE
C) AICTE and DRDO
D) NHAI and AICTE
E) NHIDCL and NITI Aayog
Answer: B) NHIDCL and AICTE

Event and Location:

• Event: Signing of a Memorandum of Understanding (MoU) between NHIDCL and AICTE to offer internship opportunities for UG and PG students.
• Location: India.
• Date: November 6, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • To provide experiential learning opportunities for undergraduate (UG) and postgraduate (PG) students across India, especially targeting students in the North-Eastern Region, Union Territories of Jammu & Kashmir and Ladakh, and the Andaman & Nicobar Islands.
• Program Features:
  • Internship Portal: Launched by Dr. Krishan Kumar, MD of NHIDCL, this portal will facilitate student applications and program coordination.
  • Roles and Responsibilities:
    • AICTE: Responsible for providing technical support for the internship platform.
    • NHIDCL: Oversees programmatic and non-technical support to ensure effective program implementation.
• Duration of MoU:
  • The MoU is signed for a five-year period, emphasizing a sustained collaboration between AICTE and NHIDCL to achieve national goals related to skilling and educational opportunities.

Important Terms Explained:

• National Highways and Infrastructure Development Corporation Ltd. (NHIDCL):
  • A Central Public Sector Enterprise (CPSE) under the Ministry of Road Transport & Highways, focused on developing and managing highway infrastructure in India.
• All India Council for Technical Education (AICTE):
  • A statutory body responsible for promoting technical education and overseeing technical institutions in India, facilitating student skilling and employability.
• Experiential Learning:
  • Hands-on, practical learning through real-world experience, allowing students to apply theoretical knowledge in professional settings.

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15. What was the theme of the First Asian Buddhist Summit (ABS) organized by the Ministry of Culture in New Delhi?
A) Role of Buddhist Monasteries in Education
B) Role of Buddha Dhamma in Strengthening Asia
C) Buddhist Teachings for Peace and Nonviolence
D) Importance of Meditation in Modern Society
E) Preservation of Buddhist Art and Architecture
Answer: B) Role of Buddha Dhamma in Strengthening Asia

Event and Location:

• Event: First Asian Buddhist Summit (ABS)
• Location: New Delhi, India
• Date: November 5–6, 2024
• Chief Guest: Hon’ble President of India

Project Mandates and Objectives:

• Primary Objective:
  • The summit aimed to promote dialogue and cooperation among Buddhist leaders, scholars, and practitioners from various traditions across Asia, strengthening bonds through Buddha Dhamma (the teachings of Buddha).
• Theme of the Summit:
  • “Role of Buddha Dhamma in Strengthening Asia” – focusing on how Buddhist teachings and values can foster unity, compassion, and resilience across Asian nations.
• Key Topics Covered:
  • Buddhist Art, Architecture, and Heritage: Preservation and promotion of Buddhist cultural sites and artworks.
  • Buddha Cārikā (Journey) and Dissemination of Buddha Dhamma: Emphasis on spreading Buddhist teachings for collective well-being.
  • Role of Holy Buddhist Relics and Relevance in Society: Importance of relics in maintaining cultural identity and spiritual continuity.
  • Significance of Buddha Dhamma in Scientific Research and Well-Being: Exploring the applications of Buddhist principles in modern science and mental health.
  • Role of Buddhist Literature and Philosophy in the 21st Century: The relevance of Buddhist teachings in addressing contemporary societal issues.

Important Terms Explained:

• Buddha Dhamma:
  • The teachings and philosophy of Siddhartha Gautama, known as the Buddha, emphasizing compassion, peace, and enlightenment.
• Act East Policy:
  • India’s foreign policy initiative aimed at strengthening economic and cultural ties with Southeast Asian nations, leveraging historical Buddhist connections.
• Dhamma Setu (Bridge of Dhamma):
  • A metaphor for India as a cultural and spiritual bridge, promoting Buddhist teachings and fostering relationships across Asia.

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16. India’s IREL and which Kazakh company recently signed a joint venture agreement to establish titanium slag production in Odisha?
A) Kazatomprom
B) Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP JSC)
C) KazMunayGas
D) KazMinerals
E) Samruk-Energy
Answer: B) Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP JSC)

Event and Location:

• Event: Signing of a joint venture agreement between IREL (India) Limited and UKTMP JSC for establishing titanium slag production.
• Location: Odisha, India (for production), with the signing in New Delhi, India.
• Date: Agreement announced on November 6, 2024.

Project Mandates and Objectives:

• Primary Objective:
  • To create a titanium slag production facility in India, leveraging IREL’s surplus ilmenite from Odisha and UKTMP JSC’s advanced titanium production technology.
• Details of the Partnership:
  • The joint venture company, named IREUK Titanium Limited, will be focused on producing high-grade titanium feedstock.
  • UKTMP JSC will provide technology and offtake agreements, which ensures demand for the produced titanium slag and enhances India’s position in the titanium industry.
• Benefits and Impact:
  • Atmanirbhar Bharat: This partnership aligns with India’s vision of self-reliance (Atmanirbharata) in titanium production, reducing dependency on imports.
  • Economic and Employment Boost for Odisha: Establishing this facility in Odisha will create employment opportunities and contribute to local economic development.
  • Foreign Exchange and Global Reach: With UKTMP JSC committed to offtaking the product, this venture supports India’s raw material exports, potentially earning valuable foreign exchange.

Important Terms Explained:

• IREL (India) Limited:
  • A government-owned company involved in the mining and production of rare minerals, falling under the Department of Atomic Energy.
• Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP JSC):
  • A Kazakh company and one of the largest integrated titanium producers globally, supplying markets in aerospace and other advanced industries.
• Titanium Slag:
  • A high-grade titanium feedstock used in producing titanium metal, which is essential in industries like aerospace due to its strength and lightness.

Static GK Information:

Tabular Summary:

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