Daily Current Affairs November 08

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 08. 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 08 | Daily Current Affairs 2024

Important Days – Daily Current Affairs November 08

1. World Radiography Day, celebrated annually on November 8, honors which scientist’s groundbreaking discovery that significantly advanced healthcare?
A) Marie Curie
B) Wilhelm Conrad Roentgen
C) Thomas Edison
D) Alexander Graham Bell
E) James Clerk Maxwell
Answer: B) Wilhelm Conrad Roentgen

Event and Location:

• Event: World Radiography Day 2024
• Date: November 8, 2024
• Location: Globally observed
• Theme: “Radiographers: Seeing the Unseen”

Mandates and Objectives of World Radiography Day:

• Honors the discovery of x-rays by Wilhelm Conrad Roentgen, a transformative event in medical science.
• Recognizes the critical role of radiographers and their contributions to modern healthcare.
• Aims to educate the public about radiography’s importance in diagnostics and therapeutic applications.

Significance of Radiography and Radiographers:

• Diagnostic Importance: Enables non-invasive viewing of internal structures, essential for accurate diagnosis.
• Public Awareness: Promotes awareness of radiography’s role and emphasizes safe imaging practices.
• Focus on Professionals: Highlights the dedication of radiographers to patient health and safety.

Important Terms Explained:

• Radiography: Imaging technique using x-rays to visualize internal body structures, vital for diagnosing health conditions.
• X-radiation (X-rays): Discovered by Wilhelm Roentgen, allowing non-invasive examination of internal body parts.
• Society of Radiographers: A global professional body for radiographers that sets annual themes to highlight key areas in radiography.

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2. On its 50th Raising Day, NTPC launched hydrogen-fuel buses to operate in which location?
A) Noida
B) New Delhi
C) Leh
D) Mumbai
E) Bengaluru
Answer: C) Leh

Event and Date:

• Event: 50th Raising Day of NTPC Ltd.
• Date: November 8, 2024

Highlights of NTPC’s 50th Raising Day Celebration:

• Hydrogen-Fuel Buses: CMD Shri Gurdeep Singh launched hydrogen-fuel buses to operate in Leh, marking NTPC’s commitment to green technology.
• CO₂ to Methanol Innovation: NTPC announced the successful conversion of CO₂ captured from flue gas with hydrogen (from a PEM electrolyzer) into methanol at its Vindhyachal plant—a world-first achievement in carbon management.
• Other Innovations: NTPC is actively working on advanced technologies, including Gen-4 ethanol, green urea, Sustainable Aviation Fuel, and the first indigenous catalyst for Methanol Synthesis.

Special Initiatives and Releases:

• 50-Year Logo Unveiling: NTPC revealed a new logo symbolizing 50 years of growth, with an infinity loop representing its everlasting commitment to innovation.
• CSR Focus: A special comic book on Girl Empowerment Mission (GEM) was released. GEM, NTPC’s flagship CSR program, has benefitted over 10,000 rural girls.
• Recognition of Founders: CMD Shri Gurdeep Singh paid tribute to Dr. DV Kapoor, NTPC’s founding Chairman, and other pioneers for their contributions.

NTPC’s Vision and Mission:

• Power Contribution: NTPC provides nearly 25% of India’s total power requirement through a diverse portfolio including thermal, hydro, solar, and wind power.
• Commitment to Renewable Energy: With a strong focus on Renewable Energy, including nuclear, NTPC aims to power a sustainable and greener future for India.

Important Terms Explained:

• PEM Electrolyzer: A device used for electrolysis to produce hydrogen by splitting water, with power from renewable sources.
• Methanol Synthesis: A process of producing methanol, which can be used as an alternative fuel or chemical feedstock, using CO₂ and hydrogen.
• Girl Empowerment Mission (GEM): NTPC’s CSR initiative aimed at empowering underprivileged girls from rural areas through education and development programs.

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Sports – Daily Current Affairs November 08

3. Which Indian chess player recently achieved the world No. 2 live rating, second only to Magnus Carlsen?
A) Rameshbabu Praggnanandhaa
B) Vidit Gujrathi
C) Arjun Erigaisi
D) Nihal Sarin
E) Baskaran Adhiban
Answer: C) Arjun Erigaisi

Event and Location:

• Event: Chennai Grand Masters 2024
• Location: Anna Centenary Library, Chennai, Tamil Nadu
• Date: November 5-11, 2024

Highlights of Arjun Erigaisi’s Achievement:

• Arjun Erigaisi climbed to No. 2 in the world live ratings, achieving a rating of 2805.8 Elo.
• Magnus Carlsen retains the top spot with 2831.0 rating points.
• Erigaisi’s victory over Alexey Sarana in the third round of the Chennai Grand Masters elevated his status in the global chess scene.
• Arjun became only the second Indian, after Viswanathan Anand, to cross the 2800 Elo rating.

Tournament Structure and Key Outcomes:

• The Chennai Grand Masters 2024 is organized in two categories: Masters and Challengers, showcasing both established and emerging talents.
• Masters Category: Arjun Erigaisi and Amin Tabatabaei are co-leaders with 2.5 points each after three rounds, followed closely by Levon Aronian.
• Challengers Division: Pranav V leads with a perfect 3.0 points, highlighting his dominant performance.

Key Matches in the Tournament:

• In the Masters category, Amin Tabatabaei defeated French Grandmaster Maxime Vachier-Lagrave, and Levon Aronian won against Parham Maghsoodloo.
• In the Challengers division, Pranav V continued his winning streak by defeating Karthikeyan Murali, while Pranesh M overcame Vaishali Rameshbabu.

Important Terms Explained:

• Elo Rating: A system used to calculate the relative skill levels of players in games like chess. A rating over 2800 is an elite ranking, with few players in history achieving it.
• Indian Game (East Indian Defense): A strategic chess opening where Black adopts a solid structure to counter White’s moves, emphasizing flexibility in response to White’s strategies.

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Ranking – Daily Current Affairs November 08

4. In the QS Asia Rankings 2025, which Indian institute ranked highest among Indian universities?
A) IIT Bombay
B) IIT Madras
C) IIT Delhi
D) Indian Institute of Science
E) IIT Kharagpur
Answer: C) IIT Delhi

Event and Location:

• Event: QS Asia Rankings 2025
• Location: Asia, featuring 984 universities across the continent
• Published by: Quacquarelli Symonds (QS)

Highlights of India’s Performance:

• Total Indian Universities Ranked: 161 out of 984 institutions across Asia.
• Top Indian University: IIT Delhi, ranked 44th overall in Asia, is also the highest-ranked Indian university in the South Asia category.
• Top 100 Inclusion: Six Indian institutions are ranked among Asia’s top 100.

India’s Top 10 Universities in the QS Asia 2025 Rankings:

1. IIT Delhi – Rank 44
2. IIT Bombay – Rank 48
3. IIT Madras – Rank 56
4. IIT Kharagpur – Rank 60
5. Indian Institute of Science (IISc) – Rank 62
6. IIT Kanpur – Rank 67
7. University of Delhi – Rank 81
8. IIT Guwahati – Rank 104
9. IIT Roorkee – Rank 108
10. Jawaharlal Nehru University (JNU) – Rank 110

Ranking Parameters:

• QS uses a comprehensive set of criteria to evaluate universities, including:
  • Academic Reputation: Based on a global survey of academics.
  • Faculty-Student Ratio: A measure of teaching quality.
  • Citations per Paper and Papers per Faculty: Indicators of research impact and productivity.
  • International Research Network: Reflects collaboration with international researchers.
  • Employer Reputation: Based on feedback from employers regarding the employability of graduates.
  • International Faculty and Students: Proportion of foreign faculty and students on campus.
  • Inbound and Outbound Exchange: Measure of student exchange programs.
  • Faculty with PhDs: Percentage of faculty with doctoral degrees.

Important Terms Explained:

• Quacquarelli Symonds (QS): A UK-based organization known for its annual rankings of world universities, assessing academic reputation, research quality, and employability.
• South Asia Category: A QS sub-category covering universities in South Asian nations, with IIT Delhi leading among Indian and Pakistani institutions.
• Academic Reputation: A ranking metric based on feedback from academics worldwide, contributing to the institution’s reputation.

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5. In the Hurun India Philanthropy List 2024, who ranked as the top philanthropist with donations primarily directed toward education?
A) Mukesh Ambani
B) Gautam Adani
C) Kumar Mangalam Birla
D) Shiv Nadar
E) Nikhil Kamath
Answer: D) Shiv Nadar

Event and Location:

• Event: Release of the Hurun India Philanthropy List 2024
• Location: India

Key Highlights of the Hurun India Philanthropy List 2024:

• Top Philanthropist: Shiv Nadar & Family (HCL Technologies) donated Rs 2,153 crore primarily to education, marking them as the top philanthropists in India.
• Total Contributions by Top Five: Combined contributions of Shiv Nadar, Mukesh Ambani, the Bajaj family, Kumar Mangalam Birla, and Gautam Adani amounted to approximately 53% of the total donations, around Rs 4,625 crore.
• High-Value Donations Increase: A significant rise in high-value donations was noted, with 18 philanthropists donating over Rs 100 crore each.

Top 10 Donors in the Hurun India Philanthropy List 2024:

1. Shiv Nadar & Family – Rs 2,153 crore – Education
2. Mukesh Ambani & Family – Rs 407 crore – Disadvantaged Communities
3. Bajaj Family – Rs 352 crore – Education (Engineering)
4. Kumar Mangalam Birla & Family – Rs 334 crore – Education
5. Gautam Adani & Family – Rs 330 crore – Education for remote villages
6. Nandan Nilekani – Rs 307 crore – Ecosystem Building
7. Krishna Chivukula – Rs 228 crore – Education
8. Anil Agarwal & Family – Rs 181 crore – Education
9. Susmita & Subroto Bagchi – Rs 179 crore – Public Healthcare
10. Rohini Nilekani – Rs 154 crore – Ecosystem Building

Additional Insights:

• Youngest Philanthropist: Nikhil Kamath of Zerodha (38 years old), with a donation over Rs 100 crore.
• Most Generous Woman: Rohini Nilekani donated Rs 154 crore, focusing on ecosystem building.
• Rising Philanthropy: An increase in philanthropists donating over Rs 50 crore (125%) and over Rs 20 crore (128%) since 2019.
• Educational Focus: 123 philanthropists collectively donated Rs 3,680 crore towards education, the most preferred sector.

Important Terms Explained:

• CSR (Corporate Social Responsibility): A mandate requiring companies to allocate a portion of their profits to social and community initiatives.
• Self-Made Philanthropists: Individuals who have built their wealth independently and are now contributing to philanthropy.
• Ecosystem Building: Donations aimed at developing resources, systems, and networks to support social and environmental well-being.

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Banking and Finance – Daily Current Affairs November 08

6. What recent addition has the Reserve Bank of India made to the Fully Accessible Route (FAR) for non-resident investments?
A) 15-year Corporate Bonds
B) 5-year Treasury Bills
C) 10-year Sovereign Green Bonds
D) 7-year Municipal Bonds
E) 3-year Central Government Bonds
Answer: C) 10-year Sovereign Green Bonds

Event and Location:

• Event: Inclusion of Sovereign Green Bonds in the Fully Accessible Route (FAR)
• Date: November 7, 2024
• Location: India

Mandates and Objectives of the RBI Directive:

• Objective: Expands non-resident investment options in Indian government securities by including 10-year Sovereign Green Bonds under the FAR.
• Sustainable Finance: Enables non-resident investors to support green and sustainable projects in India.
• Issuance Schedule: This move aligns with the issuance calendar for marketable dated securities for October 2024 to March 2025.

Key Details of the FAR Expansion:

• Fully Accessible Route (FAR): A route established by the RBI in March 2020, allowing non-resident investors full access to specified government securities.
• Legal Basis: The directive falls under Section 45W of the Reserve Bank of India Act, 1934.
• Immediate Effect: The circular states that the directive is effective immediately.

Important Terms Explained:

• Fully Accessible Route (FAR): A channel allowing non-residents to invest in specified Indian government securities without restrictions, accessible to both non-residents and domestic investors.
• Sovereign Green Bonds: Government-issued bonds aimed at raising funds specifically for projects with environmental or sustainable benefits, such as renewable energy or pollution control.
• Section 45W of RBI Act, 1934: Grants the RBI the power to regulate certain securities, including government securities, ensuring structured guidelines for market investments.

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7. Where did the State Bank of India recently launch an innovation hub to promote financial innovation and digital transformation?
A) Dubai Fintech Expo
B) Mumbai Fintech Conclave
C) Singapore Fintech Festival
D) London Tech Week
E) Hong Kong Fintech Conference
Answer: C) Singapore Fintech Festival

Event and Location:

• Event: Singapore Fintech Festival
• Location: Singapore
• Date: November 6-8, 2024

Key Highlights of SBI Innovation Hub:

• Objective: The SBI Innovation Hub was launched to promote financial innovation and digital transformation by providing a collaborative platform for fintechs, startups, and innovators.
• Collaboration with APIX: This partnership with APIX, a global collaborative platform, facilitates fintech partnerships and structured challenges like hackathons, enabling startups to develop financial solutions for millions across India.
• Platform Features: The hub offers over 250 APIs within a secure sandbox environment, allowing participants to innovate while maintaining data security.

Other Related Initiatives at the Event:

• Gupshup Partnership with Standard Chartered Bank: Gupshup, a conversational AI company, partnered with Standard Chartered Bank to enhance customer service through AI-powered assistants, improving real-time query handling and operational efficiency in financial services.

Statements from Key Officials:

• Vidya Krishnan, Deputy MD of IT at SBI, emphasized that the hub aligns with SBI’s digital transformation mission and provides a streamlined onboarding process for fintechs, enhancing customer-focused innovations.
• Umang Moondra, CEO of APIX, remarked that the hub equalizes access to SBI’s digital infrastructure, empowering global innovators to engage with one of the world’s largest banks to promote financial inclusion.

Important Terms Explained:

• Fully Accessible Route (FAR): A regulatory pathway allowing non-residents to invest in specific Indian government securities.
• SBI’s API Sandbox: A protected environment where developers can test and build applications using SBI’s APIs, without affecting the live banking system.
• APIX: A Singapore-based collaborative innovation platform connecting financial institutions and fintech firms to develop and scale financial solutions.

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Appointments – Daily Current Affairs November 08

8. Who is appointed as the chairperson of the newly reconstituted Central Apprenticeship Council (CAC)?
A) Jayant Chaudhary
B) Vikramjit Singh Sahney
C) Minister of Labour and Employment
D) CEO of TATA Group
E) Union Minister of State, MSDE
Answer: A) Jayant Chaudhary

Event and Purpose:

• Event: Reconstitution of the Central Apprenticeship Council (CAC)
• Purpose: To review and suggest reforms for boosting apprenticeship training in India. The council will focus on increasing the industry’s engagement in on-the-job training programs, aligning with the Apprenticeship Act, 1961.

Key Features of the New CAC:

• Tenure: The newly formed CAC will have a three-year tenure.
• Composition: The council now includes 54 members (up from 46 in the previous council) representing industry associations, PSUs, state governments, and private sector employers.
• Leadership:
  • Chairperson: Jayant Chaudhary, Minister of Skill Development and Entrepreneurship (MSDE).
  • Vice-Chairperson: Vikramjit Singh Sahney, a member of the Rajya Sabha, replacing the earlier vice-chair position held by the Union Minister of State, MSDE.

Representation:

• Public Sector Undertakings (PSUs): Six major PSUs are represented, including BHEL, IOC, South Eastern Coalfields, Neyveli Lignite Corporation, Bharat Electronics Limited, and HAL.
• Private Sector Representatives: Members from TATA Group, Maruti Suzuki, Reliance Industries, Toyota, and the Indian Banks Association have been included, indicating an increased focus on private sector involvement.

Role of CAC:

• The CAC, as a statutory body under the Apprenticeship Act, 1961, assists and advises the central government on implementing the Act to improve the uptake of apprenticeship training across industries.

Important Terms Explained:

• Apprenticeship Act, 1961: An act that regulates the training of apprentices in India, aiming to promote skill development by providing structured on-the-job training.
• Public Sector Undertakings (PSUs): Government-owned corporations in India that play a significant role in various sectors and contribute to public employment and industrial growth.

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Defence – Daily Current Affairs November 08

9. Where is the 3rd edition of the India-Australia joint military exercise ‘AUSTRAHIND’ being held?
A) Rajasthan
B) Queensland
C) Maharashtra
D) Sydney
E) New South Wales
Answer: C) Maharashtra

Event and Location:

• Event: 3rd Edition of Exercise AUSTRAHIND
• Location: Foreign Training Node, Pune, Maharashtra
• Duration: November 8 to November 21, 2024

Purpose of Exercise AUSTRAHIND:

• Objective: The exercise aims to enhance military cooperation and interoperability between the Indian and Australian forces for conducting joint sub-conventional operations.
• Focus: It includes operations in semi-urban, semi-desert terrain under Chapter VII of the UN mandate, which involves actions for peace and security in situations that threaten international peace.

Participating Forces:

• Indian Contingent: Includes 140 personnel, mainly from a battalion of the DOGRA Regiment and 14 Indian Air Force personnel.
• Australian Contingent: Comprising 120 personnel from the 13th Light Horse Regiment of the 10th Brigade, 2nd Division of the Australian Army.

Structure and Key Drills:

• The exercise is structured into two phases:
  • Combat Conditioning and Tactical Training Phase
  • Validation Phase
• Key Drills include:
  • Counter-Terrorism Operations: Response to a terrorist attack involving territory capture.
  • Joint Operations Centre: Establishment and coordination.
  • Special Operations: Conduct of Raid, Search and Destroy missions, securing helipads, and Special Heli-Borne Operations.
  • Drone Operations: Employment of drones and counter-drone measures.
    Significance:
• Skill Sharing: The exercise enables both sides to exchange best practices in tactical operations, including techniques, tactics, and procedures.
• Building Camaraderie: The exercise also strengthens the bond between Indian and Australian forces through joint planning and tactical drills.

Important Terms Explained:

• Chapter VII of the UN Mandate: Allows the United Nations to take actions in response to threats to peace, breaches of peace, and acts of aggression, which includes deploying military operations for peace enforcement.
• Special Heli-Borne Operations: Military operations conducted using helicopters for quick and precise deployment of troops to specific locations.

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10. What is the primary goal of Project ‘Shaurya Gatha’ launched at the Indian Military Heritage Festival?
A) Promote military recruitment
B) Enhance tactical warfare
C) Conserve and promote India’s military heritage
D) Train cadets in combat skills
E) Develop modern military equipment
Answer: C) Conserve and promote India’s military heritage

Event and Location:

• Event: 2nd Edition of the Indian Military Heritage Festival (IMHF)
• Location: New Delhi
• Dates: November 8-9, 2024

Key Highlights:

• Inauguration: Chief of Defence Staff General Anil Chauhan inaugurated the festival, which engages Indian and global stakeholders, including think tanks, corporations, and academicians, in discussions on national security, foreign policy, military history, and heritage.
• Project ‘Shaurya Gatha’: Launched by Gen Chauhan, this initiative by the Department of Military Affairs and United Service Institution (USI) of India is aimed at conserving and promoting India’s military heritage through education and tourism, enhancing public awareness about India’s rich military legacy.

Publications Released:

• Because of This: A History of the Indo-Pak Air War December 1971 by Air Marshal Vikram Singh (Retd).
• Valour and Honour: A joint publication by the Indian Army and USI of India.
• War-Wounded, Disabled Soldiers, And Cadets: A collaborative publication by USI and the War Wounded Federation.

Special Exhibitions and Stalls:

• DRDO Photo Exhibition: Highlighted DRDO’s journey in contributing to Atmanirbhar Bharat through defense research and innovations.
• NCC Cadets: Participation from cadets across the Delhi NCR area.
• Service Stalls: Informative booths set up by the Army, Navy, and Air Force showcasing career opportunities and their operational roles.

Significance of the Festival:

• The Indian Military Heritage Festival aims to address the public’s limited awareness of India’s military history and security concerns. It also seeks to enrich the national discourse on military heritage and emphasize the importance of self-reliance in defense capabilities through initiatives like Aatmanirbhar Bharat.

Important Terms Explained:

• Project Shaurya Gatha: An initiative focused on preserving and promoting India’s military heritage, engaging the public through educational and tourism initiatives.
• Aatmanirbhar Bharat: A government initiative aiming for self-reliance, especially in defense manufacturing and technology, reducing dependency on imports.

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National Affairs – Daily Current Affairs November 08

11. Which ministry is the nodal agency for India’s National Green Hydrogen Mission?
A) Ministry of Environment, Forest and Climate Change
B) Ministry of Power
C) Ministry of Science and Technology
D) Ministry of New and Renewable Energy
E) Ministry of Heavy Industries
Answer: D) Ministry of New and Renewable Energy

Nodal Ministry:

• Ministry of New and Renewable Energy (MNRE) is the nodal ministry responsible for implementing the National Green Hydrogen Mission in India.

Objective:

• The mission aims to:
  • Decarbonize sectors like energy, industry, and mobility by promoting green hydrogen.
  • Enhance indigenous manufacturing capacities for green hydrogen.
  • Create export opportunities for green hydrogen and its derivatives.

Components of NGHM:

• Strategic Interventions for Green Hydrogen Transition Programme (SIGHT): Focuses on facilitating the transition to green hydrogen.
• Strategic Hydrogen Innovation Partnership (SHIP): Public-Private Partnership (PPP) for R&D in green hydrogen technology.

Expected Outcomes by 2030:

• Production: Achieve at least 5 MMT (Million Metric Tons) of green hydrogen annually.
• Cost Reduction: Target to bring down the production cost of green hydrogen below Rs 100/kg (from the current Rs 350-400/kg).
• Employment: Create around 6 lakh jobs.
• Investment: Attract investments of around Rs 8 lakh crore.
• Environmental Impact: Save Rs 1 lakh crore in fossil fuel imports and avert 50 MMT of CO₂ emissions annually.

Important Terms Explained:

• Green Hydrogen (GH₂): Hydrogen produced via electrolysis powered by renewable energy sources, without carbon emissions, making it a clean fuel.
• Grey Hydrogen: Hydrogen produced using fossil fuels like natural gas, resulting in CO₂ emissions.
• Blue Hydrogen: Hydrogen produced from natural gas with CO₂ emissions captured and stored, rather than released into the atmosphere.
• Electrolysis: A process that splits water into hydrogen and oxygen using electricity; for green hydrogen, this electricity comes from renewable sources.

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12. The agreement between C-DOT and C R Rao AIMSCS focuses on developing infrastructure for capturing which type of data leakages?
A) Network Traffic Leakage
B) Power Usage Change Leakage
C) Memory Usage Leakage
D) Data Storage Leakage
E) Signal Strength Leakage
Answer: B) Power Usage Change Leakage

Event and Purpose:

• Event: Signing of an agreement between the Centre for Development of Telematics (C-DOT) and C R Rao Advanced Institute of Mathematics, Statistics and Computer Science (AIMSCS).
• Purpose: To collaboratively develop the Side Channel Leakage Capture Infrastructure and Analysis (SCLCIA) Solution, which will help capture and analyze side channel data leakages from cryptographic algorithms.

Key Features of the SCLCIA Solution:

• Objective: To build infrastructure capable of capturing side channel data leakages, focusing on Power Usage Changes from an FPGA (Field Programmable Gate Array) when running cryptographic algorithms.
• Role of C-DOT: As the lead under the C-DOT Collaborative Research Program (CCRP), C-DOT will work with start-ups, research institutions, and other organizations to enhance telecom security.

Significance of C R Rao AIMSCS:

• Specialization: This institute is the first in India dedicated to advanced research in cryptography and information security. With over 380 research papers published, it is recognized for its contributions to cryptology and data security.

Strategic Importance:

• Atmanirbhar Bharat: Dr. Raj Kumar Upadhyay, CEO of C-DOT, highlighted this partnership as an essential step toward self-reliance in telecom security infrastructure, reinforcing the goal of Atmanirbhar Bharat.
• Telecom Security Leadership: This collaboration positions India as a potential global leader in telecom security, supporting a self-sustaining and secure communication infrastructure.

Important Terms Explained:

• Side Channel Leakage: Data that can be unintentionally leaked from cryptographic systems through channels like power consumption, timing, or electromagnetic emissions, which can reveal sensitive information.
• Field Programmable Gate Array (FPGA): A type of hardware that can be programmed to perform specific tasks, including running cryptographic algorithms for secure communications.
• C-DOT Collaborative Research Program (CCRP): An initiative by C-DOT to collaborate with start-ups and research organizations for developing advanced telecom technologies.

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13. The development of Integrated Manufacturing Clusters (IMCs) in Agra and Prayagraj aims to boost which major initiative in India?
A) Skill India
B) Digital India
C) Make in India
D) Swachh Bharat Abhiyan
E) Startup India
Answer: C) Make in India

Event and Agreements Signed:

• Event: Signing of State Support Agreement (SSA) and Shareholder Agreement (SHA) to develop Integrated Manufacturing Clusters (IMCs) in Agra and Prayagraj.
• Agreements Signed By: National Industrial Corridor Development Corporation (NICDC) and Uttar Pradesh State Industrial Development Authority (UPSIDA).

Key Objectives of the Project:

• Strengthen the Make in India Initiative: By developing industrial clusters, this project will enhance local manufacturing, attract investments, and support India’s vision of self-reliance.
• Economic Growth and Job Creation: The clusters will generate employment and stimulate economic growth, turning Uttar Pradesh into a competitive industrial destination.

Details of the Integrated Manufacturing Clusters (IMCs):

• IMC Agra:
  • Size: 1,058 acres, strategically located along the Inner Ring Road.
  • Connectivity: Linked to Delhi NCR and the Agra-Lucknow Expressway.
  • Investment Expected: Over INR 3,400 crore.
  • Purpose: Aims to attract diverse industries and become a major industrial hub.
• IMC Prayagraj:
  • Size: 352 acres.
  • Projected Investment: Around INR 1,600 crore.
  • Industry Focus: Includes sectors like e-mobility, food processing, leather, garments, cycle manufacturing, and packaging.

Significance of the Amritsar-Kolkata Industrial Corridor (AKIC):

• Catalyst for Industrial Growth: The AKIC project will create world-class infrastructure to foster industrial growth from Amritsar to Kolkata.
• Attracts Global and Local Investors: The corridor is expected to attract domestic and international investments, reinforcing India’s position as a global manufacturing hub.

Important Terms Explained:

• Integrated Manufacturing Cluster (IMC): Large-scale industrial areas designed to promote manufacturing, provide infrastructure, and attract investments.
• Make in India: An initiative launched by the Government of India to encourage manufacturing and investment in India, aiming for self-reliance and global competitiveness.

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14. What is the total financial outlay of the Scheme for Strengthening the Medical Device Industry launched by the Government of India?
A) Rs 200 crore
B) Rs 300 crore
C) Rs 400 crore
D) Rs 500 crore
E) Rs 600 crore
Answer: D) Rs 500 crore

Event and Purpose:

• Event: Launch of the Scheme for Strengthening the Medical Device Industry
• Purpose: To support the development of India’s medical device industry by addressing critical areas such as manufacturing, infrastructure, skill development, clinical studies, and industry promotion. The scheme is expected to boost self-reliance and reduce import dependency, contributing to the Make in India initiative.

Key Details of the Scheme:

• Total Outlay: Rs 500 crore
• Objective: The scheme aims to enhance domestic manufacturing, develop skilled workforce, support clinical trials, and promote the industry through events and studies.

Sub-Schemes and Financial Allocation:

1. Common Facilities for Medical Device Clusters
   • Outlay: Rs 110 crore
   • Purpose: Provides financial aid to develop common infrastructure such as R&D labs and testing centers.
2. Marginal Investment Scheme for Reducing Import Dependence
   • Outlay: Rs 180 crore
   • Purpose: Supports the manufacture of key components and accessories within India to reduce reliance on imports.
3. Capacity Building and Skill Development for Medical Devices
   • Outlay: Rs 100 crore
   • Purpose: Aims to create a skilled workforce by funding training programs and academic courses in medical technology.
4. Medical Device Clinical Studies Support Scheme
   • Outlay: Rs 100 crore
   • Purpose: Provides financial aid for animal studies and human clinical trials to ensure the safety and efficacy of MedTech products.
5. Medical Device Promotion Scheme
   • Outlay: Rs 10 crore
   • Purpose: Assists industry associations and export councils in organizing events and conducting studies to promote the medical device sector.

Significance of the Scheme:

• The scheme addresses the lack of infrastructure and import dependency in the Indian medical device sector, supporting indigenous manufacturing.
• It aligns with the Atmanirbhar Bharat initiative by creating a self-reliant healthcare ecosystem.
• The scheme also aims to boost exports and enable Indian manufacturers to compete globally by supporting clinical validation and certification for international markets.

Important Terms Explained:

• Medical Device Cluster: A designated area with shared facilities for manufacturing, research, and development, aimed at supporting medical device production.
• Atmanirbhar Bharat: A government initiative focused on making India self-reliant in various sectors, including healthcare and medical devices.
• Clinical Studies: Trials and studies that validate the safety and effectiveness of medical devices before they reach the market.

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15. What is the primary function of the MF Central platform operated by CAMS and KFin Tech?
A) Investment advisory platform
B) Customer support platform
C) Execution-only platform for mutual fund transactions
D) Portfolio management service
E) Financial planning tool
Answer: C) Execution-only platform for mutual fund transactions

Event and Purpose:

• Event: Formation of a 50:50 joint venture by Computer Age Management Services Limited (CAMS) and KFin Technologies Limited.
• Purpose: The joint venture is set up to operate the MF Central platform, an execution-only platform for mutual fund transactions.

About MF Central:

• Origins: MF Central was developed in response to a July 2021 SEBI directive for creating an interoperable platform to enhance the mutual fund investor experience.
• Function: The platform allows investors to execute mutual fund transactions, without advisory services, providing streamlined access to various mutual fund investments.

Investment Details:

• Initial Investment: CAMS will contribute ₹13.50 crore to the new entity.
• Additional Investments: Both companies will jointly invest a further ₹26.99 crore upon closing the transaction, expected within four months, with an initial incorporation investment of ₹1 lakh.

Future Structure and Requirements:

• Registration: The new entity will register as a category-1 execution-only platform with the Association of Mutual Funds in India (AMFI).
• Board Structure: Each company will nominate two directors, along with one jointly nominated director.

Important Terms Explained:

• Execution-Only Platform: A platform that allows investors to perform transactions without providing advisory or portfolio management services.
• Registrars and Transfer Agents (RTAs): SEBI-registered entities responsible for maintaining investor records and handling transactions related to mutual funds.

Static GK Information:

Tabulation Summary:

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16. What is the theme for the technical seminar at the upcoming Hyderabad Poultry Expo?
A) Advancing Poultry Science
B) Unlocking Poultry Potential
C) Sustainable Poultry Farming
D) Innovation in Poultry Feed
E) Poultry Health and Safety
Answer: B) Unlocking Poultry Potential

Event and Location:

• Event: International Poultry Expo
• Location: Hyderabad
• Dates: Expo from November 27-29, 2024; Technical seminar on November 26, 2024

Key Features of the Expo:

• Organizer: The event is organized by the Indian Poultry Equipment Manufacturers Association (IPEMA).
• Theme of Seminar: “Unlocking Poultry Potential” – the technical seminar on November 26 will cover innovations in poultry production, feed nutrition, and animal health.
• Exhibitors and Participants: Over 400 exhibitors from around 50 countries are expected, with 40,000 attendees from the poultry industry, including farmers and other stakeholders.

Knowledge Day Event and Sessions:

• Knowledge Day on November 26 will feature sessions on modern poultry production and advancements in feed nutrition and animal health.
• Seven Sessions: The seminar will address key industry issues, including production innovation, nutrition, and income opportunities for farmers.

Significance of the Expo:

• Global Platform: The expo provides a venue for international stakeholders to explore advancements and business opportunities within the poultry industry.
• Farmer Income: Poultry has the potential to supplement agricultural income, offering a rapid growth rate compared to other agricultural sectors.

Important Terms Explained:

• Poultry Industry: An agricultural sector focused on the production and processing of poultry for food, including eggs and meat, as well as related industries like feed production and equipment manufacturing.
• Feed Mills Nutrition: Facilities where animal feed is produced, with a focus on balanced nutrition that promotes health and productivity in poultry.

Static GK Information:

Tabulation Summary:

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Over All Review

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