Daily Current Affairs November 29

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November 29 | Daily Current Affairs 2024

Obituary – Daily Current Affairs November 29

1. Which renowned economist and economic historian passed away on November 28, 2024?
A) Dadabhai Naoroji
B) Amiya Kumar Bagchi
C) D.R. Gadgil
D) Prabhat Patnaik
E) Maurice Dobb
Answer: B) Amiya Kumar Bagchi

Event and Location:

  • Event: Passing of Amiya Kumar Bagchi
  • Date: November 28, 2024
  • Location: Kolkata, West Bengal

Mandates and Objectives:

  • Academic Contributions:
    • Transitioned from Game Theory to Economic History during his Ph.D. at Cambridge University.
    • Pioneered research on imperialism’s role in underdevelopment using historical data and macroeconomic analysis.
    • Authored influential works, including:
      • Private Investment in India 1900-1939
      • The Political Economy of Underdevelopment
      • Perilous Passage: Mankind and the Global Ascendency of Capital
  • Institution-Building:
    • Founding Director of the Centre for the Study of Social Sciences, Calcutta.
    • Established and led the Institute of Development Studies, Kolkata, as its first Director.
  • Policy Engagements:
    • Vice-Chairman of the West Bengal State Planning Board under the Left Front government.
    • Promoted Leftist ideologies and played a significant role in state economic planning.

Key Highlights of His Life:

  • Notable Achievements:
    • Elected General President of the Indian History Congress at its 80th session.
    • His works bridged the disciplines of history and economics, influencing both fields profoundly.
  • Legacy in Academia:
    • Mentored generations of students as a professor and guide.
    • His work illuminated the economic impact of imperialism, strengthening arguments made by earlier Indian nationalists like Dadabhai Naoroji.
  • Personal Interests:
    • Deeply engaged in Kolkata’s cultural and intellectual life, contributing to Bengali literature and discussions.
    • Friend to notable economists and intellectuals like Maurice Dobb and Joan Robinson.

Important Terms Explained:

  • Imperialism and Underdevelopment:
    • Bagchi’s research showed how colonial exploitation led to economic stagnation in colonized countries, emphasizing the deindustrialization of India.
  • Private Investment in India 1900-1939:
    • Landmark book comparing the economic underpinnings of British imperialism to anti-colonial historiography.
  • Perilous Passage:
    • Explored the demographic and economic consequences of imperialism on the Global South.

Static GK Information:

Titbits

West Bengal:

  • Capital: Kolkata
  • CM: Mamata Banerjee
  • Governor: C.V. Ananda Bose

Cambridge University:

  • Founded: 1209
  • Location: Cambridge, England
  • Famous Alumni: Isaac Newton, Stephen Hawking, and Joan Robinson

Tabular Summary:

Key Detail Information
Event: Passing of Amiya Kumar Bagchi
Date: November 28, 2024
Location: Kolkata, West Bengal
Major Works: Private Investment in India 1900-1939, Perilous Passage
Key Contributions: Illuminated imperialism’s economic impact on underdevelopment in India
Institutions Established: Centre for the Study of Social Sciences, Institute of Development Studies, Kolkata

 

Banking and Finance – Daily Current Affairs November 29

2. What is the primary goal of the $98 million loan agreement between the Government of India and ADB?
A) Promote organic farming practices in India
B) Improve farmers’ access to certified disease-free planting materials for horticulture
C) Develop irrigation systems for horticulture
D) Subsidize fertilizer costs for farmers
E) Establish international export hubs for horticultural crops
Answer: B) Improve farmers’ access to certified disease-free planting materials for horticulture

Event and Location:

  • Event: Signing of a $98 million loan agreement between India and the Asian Development Bank (ADB)
  • Date: November 29, 2024
  • Location: New Delhi, India

Mandates and Objectives:

  • Project Aim:
    • Enhance plant health management for horticulture crops in India.
    • Boost crop yield, quality, and resilience to climate impacts.
  • Key Focus Areas:
    • Establish clean plant centres to maintain disease-free foundation materials.
    • Develop a Clean Plant Certification Scheme for accrediting private nurseries.
    • Equip laboratories with advanced diagnostic testing and train experts in clean plant protocols.
  • Implementation Agencies:
    • Ministry of Agriculture and Farmers Welfare through the National Horticulture Board and the Indian Council of Agricultural Research (ICAR).
  • Climate Change Adaptation:
    • Help farmers mitigate pest and disease risks caused by rising temperatures and extreme weather events.

Key Highlights of the Agreement:

  • Signatories:
    • India: Ms. Juhi Mukherjee, Joint Secretary, Department of Economic Affairs.
    • ADB: Kai Wei Yeo, Officer-in-Charge of ADB’s India Resident Mission.
  • Program Alignment:
    • Supports the Atmanirbhar Clean Plant Programme (CPP), aimed at improving plant health management systems and frameworks.
  • Stakeholder Engagement:
    • Involves private nurseries, researchers, state governments, and growers’ associations to ensure project success.

Important Terms Explained:

  • Clean Plant Programme (CPP):
    • A government initiative to ensure disease-free planting materials for horticulture, improving yield and quality.
  • National Horticulture Board (NHB):
    • An autonomous body under the Ministry of Agriculture and Farmers Welfare, focusing on the integrated development of horticulture.
  • Asian Development Bank (ADB):
    • A regional development bank supporting projects that foster economic growth and cooperation in Asia-Pacific countries.

Static GK Information:

Titbits

Asian Development Bank (ADB):

  • Member Countries: 68
  • Founded Year: 1966
  • Headquarters: Manila, Philippines
  • Head: Masatsugu Asakawa

India:

  • Capital: New Delhi
  • Currency: Indian Rupee
  • President: Droupadi Murmu
  • Prime Minister: Narendra Modi

Tabular Summary:

Key Detail Information
Event: Signing of $98 million loan agreement for plant health management
Signatories: Juhi Mukherjee (India) and Kai Wei Yeo (ADB)
Objective: Promote disease-free planting materials to improve horticulture yields
Implementation Agencies: Ministry of Agriculture, NHB, ICAR
Program Supported: Atmanirbhar Clean Plant Programme
ADB Headquarters: Manila, Philippines

3. Which bank recently announced it will stop issuing new co-branded credit cards in partnership with Bajaj Finance?
A) HDFC Bank
B) ICICI Bank
C) RBL Bank
D) Axis Bank
E) Yes Bank
Answer: C) RBL Bank

Event and Location:

  • Event: RBL Bank announced the discontinuation of new co-branded credit cards with Bajaj Finance.
  • Location: Mumbai, India.

Mandates and Objectives:

  • RBL Bank will continue servicing the existing portfolio of 3.4 million co-branded credit cards issued under the partnership.
  • This strategic decision does not affect the bank’s plans for credit card growth, including new issuances and increased spending.

Important Terms Explained:

  • Co-Branded Credit Cards:
    • A collaborative product between a financial institution and a brand or NBFC.
    • Often offers exclusive perks related to the partner brand’s services or products.
  • NBFC (Non-Banking Finance Company):
    • A financial entity that offers banking-like services without a banking license.
    • Provides credit, investments, and financing options to businesses and individuals.

Static GK Information:

Titbits

RBL Bank:

  • Hq: Mumbai, Maharashtra
  • MD & CEO: R Subramaniakumar
  • Tagline: Apno Ka Bank

Bajaj Finance:

  • Headquarters: Pune, Maharashtra
  • Founded: 1987
  • CEO: Sanjiv Bajaj

Tabular Summary:

Aspect Details
Event RBL Bank stops issuing new co-branded credit cards with Bajaj Finance
Location Mumbai, India
Existing Portfolio 3.4 million co-branded credit cards
Impact on Business No material change to RBL Bank’s credit card growth strategy
Key Partners RBL Bank and Bajaj Finance

Business and Economy – Daily Current Affairs November 29

4. Which company received a ₹32 crore order from RBI to implement the Regulatory Application Management System (RAMS)?
A) Infosys
B) Wipro
C) Newgen Software Technologies
D) TCS
E) HCL Technologies
Answer: C) Newgen Software Technologies

Event and Location:

  • Event: Awarding of a ₹32 crore purchase order to Newgen Software Technologies by RBI.
  • Location: Reserve Bank of India Headquarters, Mumbai
  • Date: November 29, 2024

Mandates and Objectives:

  • Primary Goal:
    • Implementation and maintenance of the Regulatory Application Management System (RAMS) for the Reserve Bank of India.
  • Project Duration:
    • The order is to be executed over a seven-year period.
  • Key Financial Details:
    • Total purchase order value: ₹32.44 crore (inclusive of 18% GST).

Significance of RAMS:

  • Purpose of RAMS:
    • Streamline and digitize regulatory processes for enhanced operational efficiency at RBI.
    • Facilitate better compliance and monitoring through a centralized management system.
  • Role of Newgen Software Technologies:
    • Responsible for system implementation and ongoing maintenance.
    • Ensure adherence to terms outlined in the Request for Proposal (RFP) issued by RBI.

Important Terms Explained:

  • Regulatory Application Management System (RAMS):
    • A digital platform to manage, monitor, and streamline regulatory applications and processes within RBI.
  • Newgen Software Technologies:
    • An Indian software company specializing in Business Process Management (BPM), Enterprise Content Management (ECM), and Customer Communication Management (CCM).
  • Reserve Bank of India (RBI):
    • The central bank of India, responsible for monetary policy, regulation of financial institutions, and maintaining economic stability.

Static GK Information:

Titbits

Reserve Bank of India (RBI):

  • Founded: April 1, 1935
  • Headquarters: Mumbai, Maharashtra
  • Governor: Shaktikanta Das
  • Motto: “Development through Regulation”

Newgen Software Technologies:

  • Headquarters: New Delhi, India
  • Founded: 1992
  • MD & CEO: Diwakar Nigam

Tabular Summary:

Key Detail Information
Event: RBI awards ₹32 crore order to Newgen Software for RAMS implementation
Project Duration: Seven years
Order Value: ₹32.44 crore (inclusive of GST)
Purpose: Digitize and streamline regulatory processes through RAMS
Recipient Company: Newgen Software Technologies
Location: RBI Headquarters, Mumbai

 

Awards – Daily Current Affairs November 29

5. Who won the Personality of the Year award at the 55th International Film Festival of India (IFFI) in 2024?
A) Phillip Noyce
B) Vikrant Massey
C) Navjyot Bandivadekar
D) Sarah Friedland
E) Levan Akin
Answer: B) Vikrant Massey

Event and Location:

  • Event: 55th International Film Festival of India (IFFI)
  • Location: Dr. Shyama Prasad Mukherjee Indoor Stadium, Goa
  • Date: November 28, 2024 (Closing Ceremony)

Mandates and Objectives:

  • Celebrated global cinema with over 200 films showcased from 75 countries.
  • Aimed to honor artistic excellence, innovative storytelling, and cultural representation in films.
  • Promoted films aligned with peace, tolerance, and human rights themes.

Key Award Categories and Winners:

  • Personality of the Year: Vikrant Massey (12th Fail).
  • Best Debut Director of Indian Feature Film: Navjyot Bandivadekar (Gharat Ganpati).
  • ICFT-UNESCO Gandhi Medal: Levan Akin (Crossing).
  • Satyajit Ray Lifetime Achievement Award: Phillip Noyce.

Additional Key Awards:

Golden Peacock (Best Film)  Toxic (Lithuanian language).
Best Actress  Vesta Matuliyte and Iva Rupeikaite (Toxic).
Best Actor  Clement Faveau (Holy Cow).
Best Director  Bogdan Muresanu (The New Year That Never Came).
Special Jury Award  Louise Courvoisier (Holy Cow).
Best Web Series  Lampan (Marathi language).

Important Terms Explained:

  • Golden Peacock Award:
    • Recognized as the most prestigious honor at IFFI.
    • Awarded for cinematic excellence in the Best Film category.
  • ICFT-UNESCO Gandhi Medal:
    • Celebrates films that resonate with Gandhian principles like peace and non-violence.
  • Satyajit Ray Lifetime Achievement Award:
    • Acknowledges lifetime contributions to the world of cinema, inspired by legendary filmmaker Satyajit Ray.

Static GK Information:

Titbits

India:

  • Capital: New Delhi
  • Currency: Indian Rupee
  • President: Droupadi Murmu
  • Prime Minister: Narendra Modi

Goa:

  • Capital: Panaji
  • CM: Pramod Sawant
  • Governor: P. S. Sreedharan Pillai

Tabular Summary:

Key Detail Information
Event: 55th International Film Festival of India (IFFI)
Location: Dr. Shyama Prasad Mukherjee Indoor Stadium, Goa
Duration: Nine days (Closing ceremony on November 28, 2024)
Significance: Celebrated global cinema with participation from 75 countries
Highlight: Vikrant Massey awarded Personality of the Year

Science and Technology – Daily Current Affairs November 29

6. What is the range of the K4 nuclear-capable ballistic missile that was test-fired by India?
A) 2,000 km
B) 3,500 km
C) 4,000 km
D) 2,500 km
E) 3,000 km
Answer: B) 3,500 km

Event and Location:

  • Event: Successful test-firing of K4 nuclear-capable ballistic missile
  • Location: Off the coast of Visakhapatnam, Andhra Pradesh
  • Date: November 28, 2024

Mandates and Objectives:

  • Primary Goal: Enhance India’s nuclear deterrence capabilities with submarine-launched ballistic missiles (SLBMs).
  • Strategic Importance:
    • Strengthens India’s position as one of the few nations capable of nuclear missile launches from land, air, and sea.
    • Provides enhanced defence capabilities and credible second-strike capability.
    • Demonstrates India’s advanced military and missile technology, with indigenous systems integration.

Key Details of K4 Missile and INS Arighaat:

  • K4 Missile Features:
    • Nuclear-capable ballistic missile with a range of 3,500 km.
    • Solid-fuelled and submarine-launched, providing high precision and stealth.
    • Successfully tested multiple times over the past few years from submersible platforms.
  • INS Arighaat:
    • Second Arihant-class nuclear-powered submarine commissioned into the Indian Navy on August 29, 2024.
    • Designed and built indigenously with systems conceptualised, manufactured, and integrated in India.
    • Strengthens India’s nuclear deterrence by enabling underwater missile launches.
  • Importance of the Test:
    • Establishes India’s ability to launch nuclear strikes from underwater, providing a second-strike capability critical for strategic deterrence.
    • Enhances India’s defence ecosystem with cutting-edge indigenous technology.
    • Positions India among an elite group of nations with advanced SLBM capabilities.

Important Terms Explained:

  • Submarine-Launched Ballistic Missile (SLBM):
    • A ballistic missile capable of being launched from a submarine, crucial for second-strike capability in nuclear deterrence.
  • INS Arighaat:
    • A nuclear-powered submarine equipped with advanced indigenous technology, part of India’s Arihant-class fleet.
  • K4 Missile:
    • A nuclear-capable ballistic missile with stealth capabilities and a range of 3,500 km, designed for strategic deterrence.

Static GK Information:

Titbits

India:

  • Capital: New Delhi
  • Currency: Indian Rupee
  • President: Droupadi Murmu
  • Prime Minister: Narendra Modi

Andhra Pradesh:

  • Capital: Amaravati
  • CM: Y. S. Jagan Mohan Reddy
  • Governor: S. Abdul Nazeer

Indian Navy:

  • Headquarters: New Delhi
  • Chief of Naval Staff: Admiral R. Hari Kumar
  • Motto: “May the Lord of Water be auspicious unto us”

Tabular Summary:

Key Detail Information
Event: Successful test-firing of K4 nuclear-capable ballistic missile
Date: November 28, 2024
Location: Off the coast of Visakhapatnam, Andhra Pradesh
Missile Range: 3,500 km
Significance: Boosts India’s strategic deterrence and underwater nuclear strike capabilities

Defence – Daily Current Affairs November 29

7. What was the primary objective of the recent joint operation conducted by the Indian Navy and Sri Lankan Navy?
A) Search and rescue of stranded vessels
B) Anti-narcotics operation in the Arabian Sea
C) Counter-piracy operation in the Indian Ocean
D) Joint naval training exercise
E) Surveillance of fishing activities
Answer: B) Anti-narcotics operation in the Arabian Sea

Event and Location:

  • Event: Joint Anti-Narcotics Operation by the Indian Navy and Sri Lankan Navy
  • Location: Arabian Sea
  • Date: November 24–25, 2024

Mandates and Objectives:

  • Primary Goal:
    • Prevent narcotics smuggling by intercepting Sri Lankan-flagged fishing vessels suspected of trafficking.
  • Key Highlights:
    • Based on intelligence inputs from the Sri Lankan Navy and the Information Fusion Centre (Indian Ocean Region), Gurugram.
    • Extensive surveillance conducted by Indian Naval Long Range Maritime Patrol Aircraft and Remotely Piloted Aircraft.
    • Indian Naval ships intercepted and boarded two suspect vessels, seizing approximately 500 kg of narcotics (Crystal Meth).
  • Outcome:
    • The seized narcotics and crew were handed over to Sri Lankan authorities for legal proceedings.

Importance of the Operation:

  • Reaffirming Cooperation:
    • Highlights the strong partnership and coordinated efforts of the Indian Navy and Sri Lankan Navy.
  • Regional Security:
    • Demonstrates commitment to tackling maritime security challenges, such as smuggling and trafficking, in the Indian Ocean Region (IOR).

Important Terms Explained:

  • Information Fusion Centre – Indian Ocean Region (IFC-IOR):
    • A maritime security center in Gurugram, India, facilitating information sharing among countries in the IOR to combat regional threats like smuggling, piracy, and trafficking.
  • Crystal Meth (Methamphetamine):
    • A highly addictive narcotic substance often trafficked illegally. Its interception indicates robust counter-smuggling efforts.
  • Long Range Maritime Patrol Aircraft:
    • High-endurance aircraft used by the Navy for surveillance, reconnaissance, and interception of targets at sea.

Static GK Information:

Titbits

Indian Navy:

  • Headquarters: New Delhi
  • Chief of Naval Staff: Admiral R. Hari Kumar
  • Motto: “May the Lord of Water be auspicious unto us”

Sri Lankan Navy:

  • Headquarters: Colombo, Sri Lanka
  • Commander: Vice Admiral Priyantha Perera
  • Motto: “Protect the Nation and the Seas”

Tabular Summary:

Key Detail Information
Event: Joint anti-narcotics operation by Indian and Sri Lankan Navies
Location: Arabian Sea
Date: November 24–25, 2024
Narcotics Seized: 500 kg of Crystal Meth
Collaborating Agencies: Indian Navy, Sri Lankan Navy, IFC-IOR
Outcome: Boats and crew handed over to Sri Lankan authorities for legal action

8. What was the theme of the 11th National Maritime Search and Rescue Exercise (SAREX-2024)?
A) Maritime Safety through Digital Transformation
B) Enhancing Search and Rescue Capabilities Through Regional Collaboration
C) Securing Coastal Areas with Modern Technology
D) Effective Resource Management in Maritime Emergencies
E) Fostering International Maritime Safety Cooperation
Answer: B) Enhancing Search and Rescue Capabilities Through Regional Collaboration

Event and Location:

  • Event: 11th National Maritime Search and Rescue Exercise (SAREX-2024)
  • Location: Off the Kochi coast, Kerala
  • Date: November 28–29, 2024

Mandates and Objectives:

  • Primary Goal:
    • Validate standard operating procedures (SOPs) for Mass Rescue Operations (MROs).
    • Strengthen collaboration and mutual understanding among stakeholders for maritime safety.
  • Key Features:
    • Day 1 Activities:
      • Workshops, seminars, and table-top exercises with participation from government agencies, ministries, armed forces, and international delegates.
    • Day 2 Activities:
      • Simulated sea exercises involving a mock passenger aircraft crash (150 nautical miles northwest of Kochi) with 250 passengers onboard.
  • Operations Executed:
    • Deployment of ships and aircraft from ICG, IAF, and other agencies.
    • Key Techniques Demonstrated:
      • Life raft drops by aircraft.
      • Passenger evacuation via Advanced Light Helicopters.
      • Jason Cradle technology for crew rescue.
      • Drone usage for delivering lifebuoys.

Key Outcomes:

  • Showcased India’s capabilities in handling large-scale maritime contingencies.
  • Strengthened regional collaboration and understanding of maritime safety strategies.
  • Highlighted the Indian Coast Guard’s pivotal role in maritime security under PM Modi’s SAGAR (Security and Growth for All in the Region) vision.

Important Terms Explained:

  • Mass Rescue Operations (MRO):
    • Coordinated efforts to rescue a large number of people in maritime emergencies.
      Jason Cradle Technology:
    • A rescue tool used to safely lift individuals from water to ship.
  • SAGAR Vision:
    • A maritime initiative by PM Narendra Modi focusing on security and sustainable growth in the Indian Ocean Region.

Static GK Information:

Titbits

Indian Coast Guard (ICG):

  • Headquarters: New Delhi
  • Director General: Paramesh Sivamani
  • Motto: “We Protect”

Kerala:

  • Capital: Thiruvananthapuram
  • CM: Pinarayi Vijayan
  • Governor: Arif Mohammed Khan

Tabular Summary:

Key Detail Information
Event: 11th National Maritime Search and Rescue Exercise (SAREX-2024)
Location: Off the Kochi coast, Kerala
Date: November 28–29, 2024
Theme: Enhancing Search and Rescue Capabilities Through Regional Collaboration
Simulated Scenario: Aircraft crash with 250 passengers
Participating Agencies: ICG, IAF, Cochin Port Authority, Kerala State Administration

9. What is the primary purpose of the recently inducted 25T Bollard Pull Tugs Bhishm and Bahubali?
A) Patrol Indian coastal waters
B) Assist naval ships during berthing and un-berthing
C) Conduct deep-sea exploration
D) Provide logistical support to remote islands
E) Train naval personnel in advanced navigation
Answer: B) Assist naval ships during berthing and un-berthing

Event and Location:

  • Event: Induction ceremony of 25T Bollard Pull Tugs Bhishm and Bahubali
  • Location: NSRY (SVP), Andaman & Nicobar Command
  • Date: November 28, 2024

Mandates and Objectives:

  • Primary Purpose:
    • Facilitate berthing, un-berthing, turning, and maneuvering of naval ships and submarines in confined waters.
    • Provide fire-fighting support to ships alongside and at anchorage.
    • Conduct limited Search and Rescue (SAR) operations.
  • Design and Construction:
    • Built by M/s Titagarh Rail Systems Limited (TRSL), Kolkata, under the Make in India and Aatmanirbhar Bharat initiatives.
    • Designed in collaboration with an Indian ship designing firm.
    • Built in compliance with the Naval Rules and Regulations of the Indian Register of Shipping (IRS).

Key Features of the 25T Bollard Pull Tugs:

  • Enhanced Capability:
    • Equipped for operations in confined and challenging maritime environments.
    • Features include advanced towing mechanisms and fire-fighting systems.
  • Dual Role:
    • Operational support for naval vessels and capability to conduct SAR missions.

Important Terms Explained:

  • Bollard Pull Tug:
    • A type of tugboat with high pulling power (measured in tons) used for assisting ships during berthing, maneuvering, and towing.
  • Make in India:
    • A government initiative to promote indigenous manufacturing and reduce dependency on imports.
  • Aatmanirbhar Bharat:
    • A vision of self-reliant India, emphasizing domestic production and innovation.

Static GK Information:

Titbits

Andaman & Nicobar Command (ANC):

  • Established: October 2001
  • Headquarters: Port Blair, Andaman & Nicobar Islands
  • Commander-in-Chief: Air Marshal Saju Balakrishnan

Titagarh Rail Systems Limited (TRSL):

  • Headquarters: Kolkata, West Bengal
  • Founded: 1997
  • Specializes in: Shipbuilding, rail systems, and engineering solutions

Tabular Summary:

Key Detail Information
Event: Induction of 25T Bollard Pull Tugs Bhishm and Bahubali
Location: NSRY (SVP), Andaman & Nicobar Command
Date: November 28, 2024
Built By: M/s Titagarh Rail Systems Limited (TRSL), Kolkata
Purpose: Assist naval ships in confined waters, fire-fighting, and SAR operations
Aligned With: Make in India and Aatmanirbhar Bharat initiatives

10. What is the primary purpose of the ACTCM barges launched by the Indian Navy?
A) Conduct surveillance missions in coastal areas
B) Facilitate transportation of ammunition, torpedoes, and missiles to naval platforms
C) Provide logistical support to deep-sea operations
D) Serve as advanced combat vessels for naval operations
E) Assist in submarine docking and maintenance
Answer: B) Facilitate transportation of ammunition, torpedoes, and missiles to naval platforms

Event and Location:

  • Event: Launching ceremony of the 8th ACTCM Barge, LSAM 22 (Yard 132)
  • Location: M/s Suryadipta Projects Pvt Ltd, Thane, Maharashtra
  • Date: November 28, 2024

Mandates and Objectives:

  • Primary Purpose:
    • Facilitate transportation, embarkation, and disembarkation of ammunition, torpedoes, and missiles to Indian Naval platforms at jetties and outer harbors.
  • Key Features of ACTCM Barges:
    • Indigenously designed in collaboration with an Indian ship designing firm.
    • Built following Naval Rules and Regulations of the Indian Register of Shipping (IRS).
    • Tested for seaworthiness at the Naval Science and Technological Laboratory, Visakhapatnam.
  • Alignment with National Initiatives:
    • Reflects Make in India and Aatmanirbhar Bharat programs to promote indigenous manufacturing.

Key Details:

  • Contract Details:
    • Awarded to M/s Suryadipta Projects Pvt Ltd, Thane, on March 5, 2021.
    • Total of 11 ACTCM Barges contracted; 7 delivered to date.
  • Use by Indian Navy:
    • Actively used for operational purposes, ensuring seamless logistical support for naval platforms.

Important Terms Explained:

  • ACTCM Barge:
    • Stands for Ammunition Cum Torpedo Cum Missile Barge, designed for transporting critical naval equipment.
  • Make in India:
    • Government initiative aimed at encouraging companies to manufacture products in India and enhance indigenous capabilities.
  • Aatmanirbhar Bharat:
    • A vision for self-reliance in defense, manufacturing, and other sectors to reduce dependence on imports.

Static GK Information:

Titbits

Indian Navy:

  • Headquarters: New Delhi
  • Chief of Naval Staff: Admiral R. Hari Kumar
  • Motto: “May the Lord of Water be auspicious unto us”

Maharashtra:

  • Capital: Mumbai
  • CM: Eknath Shinde
  • Governor: Ramesh Bais

Tabular Summary:

Key Detail Information
Event: Launch of 8th ACTCM Barge, LSAM 22 (Yard 132)
Location: M/s Suryadipta Projects Pvt Ltd, Thane, Maharashtra
Date: November 28, 2024
Purpose: Transport ammunition, torpedoes, and missiles to naval platforms
Contract Awarded To: M/s Suryadipta Projects Pvt Ltd, Thane
Aligned With: Make in India and Aatmanirbhar Bharat initiatives

National Affairs – Daily Current Affairs November 29

11. Which portal was launched by Commerce and Industry Minister Piyush Goyal to enhance the business environment in India?
A) National Single Window System
B) Digital Business India Portal
C) CII Ease of Doing Business and Regulatory Affairs Portal
D) Business India Enhancement Dashboard
E) Indian Business Reforms Portal
Answer: C) CII Ease of Doing Business and Regulatory Affairs Portal

Event and Location:

  • Event: Launch of the CII Ease of Doing Business and Regulatory Affairs Portal
  • Location: 2nd DPIIT-CII National Conference on Ease of Doing Business, New Delhi
  • Date: November 28, 2024

Mandates and Objectives:

  • Portal Purpose:
    • Provide insights into India’s business environment.
    • Track and manage suggestions for regulatory improvements.
    • Offer real-time updates and transparency on ease-of-doing-business initiatives.
  • Government Goal:
    • Strengthen cooperative federalism.
    • Facilitate businesses and citizens with user-friendly, agile, and modern systems.
    • Create a National Single Window System (NSWS) for simplified and unified investor guidance.

Key Highlights of the Minister’s Address:

  • Jan Vishwas 2.0 Bill:
    • Government plans to decriminalize 300 more laws.
  • Call for Technological Upgradation:
    • Enhance state and central government portals to make them faster and smarter.
  • Engagement with Industry:
    • Urged industries to actively use NSWS and provide constructive feedback.
  • Power of Three:
    • Encouraged collaboration between government, industry bodies, and stakeholders to achieve transformational results.
  • Role of CII:
    • Serve as a bridge between businesses and the government for easing regulations and fostering growth.

Important Terms Explained:

  • CII Ease of Doing Business and Regulatory Affairs Portal:
    • Developed by the Confederation of Indian Industry (CII) to improve transparency and accountability in business reforms.
  • National Single Window System (NSWS):
    • A central system for businesses to identify and apply for necessary approvals under one unified platform.
  • Jan Vishwas 2.0 Bill:
    • Legislation aimed at decriminalizing minor regulatory offenses to foster a more business-friendly environment.

Static GK Information:

Titbits

Confederation of Indian Industry (CII):

  • Headquarters: New Delhi, India
  • Founded: 1895
  • President: R. Dinesh

India:

  • Capital: New Delhi
  • Currency: Indian Rupee
  • President: Droupadi Murmu
  • Prime Minister: Narendra Modi

Tabular Summary:

Key Detail Information
Event: Launch of CII Ease of Doing Business and Regulatory Affairs Portal
Launched By: Piyush Goyal, Commerce and Industry Minister
Date: November 28, 2024
Venue: 2nd DPIIT-CII National Conference on Ease of Doing Business, New Delhi
Key Initiative: To improve ease of doing business and enhance government-stakeholder synergy

12. Where was the 12th edition of the International Tourism Mart (ITM) held in 2024?
A) Guwahati
B) Shillong
C) Imphal
D) Kaziranga
E) Kohima
Answer: D) Kaziranga

Event and Location:

  • Event: 12th Edition of International Tourism Mart (ITM)
  • Location: Kaziranga, Assam
  • Date: November 27–29, 2024

Mandates and Objectives:

  • Organized By: Ministry of Tourism, Government of India
  • Objective:
    • Highlight tourism potential of Northeast India to domestic and international audiences.
    • Facilitate collaboration among industry professionals, entrepreneurs, and government agencies.

Key Highlights:

  • Inauguration:
    • Union Minister for Tourism and Culture Gajendra Singh Shekhawat and Assam CM Himanta Biswa Sharma presided over the event.
    • Launch of a Coffee Table Book titled “Guwahati and Around” by the Assam Tourism Development Corporation.
  • Significant Milestones:
    • 50th anniversary of Kaziranga National Park’s declaration as a national park.
    • UNESCO recognition of the Moidams of Charaideo as India’s 43rd World Heritage Site in July 2024.
  • Activities:
    • State presentations, B2B meetings, panel discussions on innovation, entrepreneurship, and sustainability.
    • Cultural performances, food demonstrations, and live music showcasing Northeast India’s traditions.
  • Technical Visits:
    • Iconic sites including Charaideo Moidams, Rangghar, Hathikuli Tea Estate, and Kaziranga National Park.
  • Participants:
    • 15 international influencers, 24 international tour operators, and representatives from over 30 countries.
    • 101 domestic sellers, 46 domestic buyers, and 7 domestic influencers.
  • Focus on Sustainability:
    • Aligned with the Ministry of Tourism’s Travel for Life initiative.
    • Promoted eco-friendly practices and responsible tourism.

Important Terms Explained:

  • International Tourism Mart (ITM):
    • An annual event organized by the Ministry of Tourism to promote Northeast India’s tourism potential globally.
  • Kaziranga National Park:
    • A UNESCO World Heritage Site famous for its one-horned rhinos, located in Assam.
    • Renowned for its biodiversity and breathtaking landscapes.
  • Moidams of Charaideo:
    • Historical burial mounds associated with the Ahom dynasty, recognized as a UNESCO World Heritage Site in 2024.

Static GK Information:

Titbits

Assam:

  • Capital: Dispur
  • CM: Himanta Biswa Sarma
  • Governor: Gulab Chand Kataria

Ministry of Tourism, India:

  • Headquarters: New Delhi
  • Minister: Gajendra Singh Shekhawat

Tabular Summary:

Key Detail Information
Event: 12th Edition of International Tourism Mart (ITM)
Location: Kaziranga, Assam
Date: November 27–29, 2024
Highlight: Showcased Northeast India’s cultural, natural, and tourism potential
Significance: Promoted Northeast India as a global tourism destination

13. What is the primary aim of the Sanraksha Mobile Application launched by Indian Railways?
A) Streamline ticket bookings
B) Boost passenger safety and staff training
C) Improve freight operations
D) Enable real-time train tracking
E) Enhance catering services
Answer: B) Boost passenger safety and staff training

Event and Location:

  • Event: Pan-India launch of Sanraksha Mobile Application
  • Location: Indian Railways Headquarters (virtual launch across all divisions)
  • Date: November 29, 2024

Mandates and Objectives:

  • Primary Aim:
    • Enhance railway safety by building capacity among frontline safety staff.
  • Features of the App:
    • Combines Indian Railways’ domain knowledge with Information Technology and Data Analytics.
    • Incorporates AI-based tools for future scalability.
    • Provides smart learning modules and real-time feedback mechanisms.
  • Pilot Project Success:
    • Implemented initially in Nagpur Division (South East Central Railway) under DRM Namita Tripathi.
    • Found effective in improving safety within the division.
  • Rollout Plan:
    • Initial launch across 16 divisions, with plans for Pan-India implementation.

Key Highlights:

  • Design and Development:
    • Designed by Dilip Singh, a 2013 batch IRTS officer and Senior Divisional Commercial Manager, Nagpur.
  • Integration of Modern Technology:
    • Aims to provide an intelligent and effective system for railway safety training.
    • Focuses on creating a scalable training ecosystem using digital tools.
  • Launch Ceremony:
    • Led by Ravinder Goyal, Member Operations and Business Development, Railway Board.

Important Terms Explained:

  • Sanraksha Mobile Application:
    • A mobile app for capacity building and safety enhancement among Indian Railways’ staff, using smart learning and data-driven tools.
  • Indian Railways:
    • The world’s fourth-largest railway network, focusing on passenger safety, infrastructure, and modernization through initiatives like Sanraksha.

Static GK Information:

Titbits

Indian Railways:

  • Founded: April 16, 1853
  • Headquarters: New Delhi
  • Chairman & CEO: Anil Kumar Lahoti
  • Motto: Lifeline of the Nation

Nagpur Division, Indian Railways:

  • Part of South East Central Railway Zone
  • Divisional Headquarters: Nagpur, Maharashtra

Tabular Summary:

Key Detail Information
Event: Pan-India launch of Sanraksha Mobile Application
Launched By: Ravinder Goyal, Member Operations and Business Development, Railway Board
Date: November 29, 2024
Objective: Enhance passenger safety through staff training and capacity building
Developed By: Dilip Singh, Senior Divisional Commercial Manager, Nagpur
Pilot Project: Successfully implemented in Nagpur Division, South East Central Railway

14. What is the central theme of the exhibition Shunyata: Emptiness inaugurated at the National Museum?
A) Emptiness in Modern Philosophy
B) The Philosophical and Artistic Exploration of Buddhist Emptiness
C) Ancient Indian Warfare and Sculptures
D) The Evolution of Indian Manuscripts
E) Cultural Diversity of Early Indian Empires
Answer: B) The Philosophical and Artistic Exploration of Buddhist Emptiness

Event and Location:

  • Event: Inauguration of Shunyata: Emptiness exhibition
  • Location: National Museum, New Delhi
  • Date: November 29, 2024

Mandates and Objectives:

  • Theme of the Exhibition:
    • Explores the profound Buddhist concept of Shunyata (Emptiness) as presented in early Buddhist texts, including the Prajnaparamita Sutra.
    • Emphasizes the idea: “Emptiness is form; form is emptiness” from the Heart Sutra.
    • Highlights how understanding emptiness can liberate one from suffering and samsara.
  • Primary Features:
    • A vibrant mix of early Indian and contemporary art, including sculptures, paintings, and manuscripts.
    • Showcases Buddhist philosophy and its artistic expression in India and beyond.

Exhibition Highlights:

  1. Artefacts and Sculptures:
    • Buddhapada: Stone-carved representation of Buddha’s footprints from Nagarjunakonda, dating back to the 2nd century CE.
    • Pala Period Sculptures (8th–12th centuries CE): Depicting significant Buddhist themes such as the eight great events in Buddha’s life and Transcendental Buddhas.
  2. Manuscripts and Ritual Implements:
    • Illuminated palm-leaf manuscripts and painted wooden covers of the Astasahasrika Prajnaparamita Sutra.
    • Inscribed brick from Nalanda (516-517 CE) featuring the Pratitya Samutpada Sutra.
  3. Contemporary Art by Abhay K:
    • Paintings reflecting Buddhist principles and emphasizing the role of emptiness in transcending suffering.
  4. Historical Spread of Buddhism:
    • Mural fragments from Central Asia illustrating Buddhism’s influence across Asia.
  5. Curatorial Leadership:
    • Exhibition curated by Abhay K, poet and diplomat, alongside Dr. B.R. Mani and Dr. Abira Bhattacharya.

Important Terms Explained:

  • Shunyata (Emptiness):
    • A Buddhist philosophical concept emphasizing the lack of inherent existence in all things. It seeks to overcome the illusion of permanence and foster liberation.
  • Prajnaparamita Sutra:
    • Early Buddhist scripture expounding the nature of wisdom and the concept of emptiness.
  • Buddhapada:
    • Stone or carved representations of Buddha’s footprints, symbolizing his presence and teachings.
  • Heart Sutra:
    • A concise Buddhist scripture emphasizing the relationship between emptiness and form.

Static GK Information:

Titbits

National Museum, New Delhi:

  • Founded: 1949
  • Director General: Dr. B.R. Mani
  • Significance: Houses a vast collection of art, manuscripts, and historical artefacts from Indian and Asian cultures.

Ministry of Culture:

  • Minister: Gajendra Singh Shekhawat
  • Headquarters: New Delhi

Tabular Summary:

Key Detail Information
Event: Inauguration of Shunyata: Emptiness exhibition
Location: National Museum, New Delhi
Date: November 29, 2024
Theme: Philosophical and artistic exploration of Buddhist emptiness
Key Curators: Abhay K, Dr. B.R. Mani, and Dr. Abira Bhattacharya
Significant Artefacts: Buddhapada (2nd century CE), Pala sculptures, illuminated manuscripts
Exhibition Duration: Open until December 8, 2024

15. What is the primary significance of the GI tag awarded to Gujarat’s Gharchola handicraft?
A) Ensures product authenticity and boosts artisans’ livelihoods
B) Promotes export of wedding apparel internationally
C) Highlights Gujarat’s industrial development
D) Secures funding for state tourism initiatives
E) Protects textile industries from counterfeit imports
Answer: A) Ensures product authenticity and boosts artisans’ livelihoods

Event and Location:

  • Event: Gujarat’s Gharchola handicraft awarded Geographical Indication (GI) tag.
  • Location: Presented at the “GI and Beyond – Virasat Se Vikas Tak” program, New Delhi.
  • Date: November 29, 2024

Mandates and Objectives:

  • Recognition Significance:
    • Highlights the rich cultural heritage of Gujarat.
    • Preserves traditional craftsmanship while promoting modern adaptations.
  • Cultural Importance of Gharchola:
    • Traditional wedding attire for Hindu and Jain brides in auspicious colors like red, maroon, green, and yellow.
    • Infused with contemporary designs to appeal to modern tastes.

Benefits of the GI Tag:

  • Authentication:
    • Certifies the origin and authenticity of the product.
  • Global Recognition:
    • Promotes handicrafts on international platforms, boosting Gujarat’s cultural pride.
  • Economic Impact:
    • Enhances livelihood opportunities for local artisans.
  • Market Expansion:
    • Increases demand for Gharchola through outlets like Garvi Gurjari sales centers.

Other GI-Tagged Handicrafts from Gujarat:

  • Surat’s Saadeli art
  • Banaskantha’s Soof embroidery
  • Bharuch’s Sujni craft
  • Ahmedabad’s Saudagiri Print
  • Mata Ni Pacchedi

Government Initiatives Supporting Handicrafts:

  • Garvi Gurjari:
    • Promotes Gujarat’s handicrafts through sales and market development.
  • ODOP Yojana (One District One Product):
    • Advances reach of GI products and strengthens local industries under CM Bhupendra Patel’s leadership.
  • International Platforms:
    • GI-tagged products showcased at global events such as G-20 and Vibrant Gujarat summits.

Important Terms Explained:

  • Geographical Indication (GI) Tag:
    • A certification granted to products associated with a specific geographic location, ensuring authenticity and protection.
  • Gharchola:
    • A traditional Gujarati bridal attire with intricate patterns and auspicious colors, reflecting Gujarat’s heritage.
  • Garvi Gurjari:
    • A Gujarat Government initiative to preserve and promote the state’s art and crafts.

Static GK Information:

Titbits

Gujarat:

  • Capital: Gandhinagar
  • CM: Bhupendra Patel
  • Governor: Acharya Devvrat

Union Ministry of Commerce and Industry:

  • Responsible for GI tag administration in India.

Tabular Summary:

Key Detail Information
Event: Gujarat’s Gharchola handicraft receives GI tag
Significance: Preserves heritage, ensures authenticity, and boosts artisans’ livelihoods
Total GI Tags for Gujarat: 27 (23 for handicrafts)
Cultural Significance: Bridal attire in Hindu and Jain weddings, symbolizing tradition and heritage
Government Initiatives: Garvi Gurjari, ODOP Yojana, international promotions


Over All Review

Obituary

  • Economic historian Amiya Kumar Bagchi passed away on November 28, 2024.

Banking and Finance 

  • India and ADB sign $98 million loan to boost horticulture with disease-free planting materials.
  • RBL Bank stops issuing new co-branded credit cards with Bajaj Finance.

Business And Economy

  • RBI awards ₹32 crore order to Newgen Software for implementing Regulatory Application Management System.

Awards 

  • Vikrant Massey wins Personality of the Year at IFFI 2024.

Science and Technology

  • India successfully tests K4 missile with a range of 3,500 km from INS Arighaat.

Defence

  • Indian and Sri Lankan Navies intercepted 500 kg of Crystal Meth in joint operation.
  • ICG conducted 11th SAREX-2024 off Kochi, focusing on regional collaboration for maritime safety.
  • Indian Navy inducts 25T Bollard Pull Tugs Bhishm and Bahubali for operational support.
  • Indian Navy launches 8th ACTCM Barge LSAM 22 for ammunition transport.

National Affairs

  • Piyush Goyal launched CII Ease of Doing Business Portal at DPIIT-CII conference.
  • Kaziranga hosts ITM 2024, highlighting Northeast India’s tourism and cultural richness.
  • Indian Railways launches Sanraksha app to improve safety and staff training.
  • National Museum hosts Shunyata: Emptiness, exploring Buddhist philosophy through art and manuscripts.
  • Gujarat’s Gharchola handicraft awarded GI tag, boosting artisan livelihoods and preserving heritage.

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