Daily Current Affairs October 15

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 October 15. 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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October 15 | Daily Current Affairs 2024

Important Days – Daily Current Affairs October 15

1. What is the main reason for observing World Students’ Day on October 15?
A) To promote global peace through education
B) To honour the birth anniversary of Dr. APJ Abdul Kalam and his contributions to education
C) To celebrate student exchange programs worldwide
D) To mark the launch of the first educational satellite in India
E) To promote technological education exclusively
Answer: B) To honour the birth anniversary of Dr. APJ Abdul Kalam and his contributions to education

Event and Location:

• Event: World Students’ Day 2024
• Location: Primarily celebrated in India
• Date: October 15
• Occasion: Celebrates the birth anniversary of Dr. APJ Abdul Kalam, a renowned scientist and India’s 11th President

Mandates and Objectives:

• Purpose:
  • To honor Dr. Kalam’s lifelong dedication to education, science, and youth development.
  • Recognizes students as future leaders and emphasizes the importance of learning and personal growth.
• Global Recognition: Credited to the United Nations in 2010, though primarily observed in India.

Important Terms Explained:

• Defense Research and Development Organization (DRDO):
  • Abbreviation: Defence Research and Development Organisation
  • Founded: 1958
  • Headquarters: New Delhi, Delhi
  • Chairman: Samir V Kamat
  • Dr. Kalam served as a senior official in DRDO for decades, contributing to India’s missile development.
• Missile Man of India:
  • Dr. Kalam earned this title for his crucial role in missile technology and space programs.

World Students’ Day 2024: Celebrations

1. Educational Workshops:
   • Schools hold seminars on science, leadership, and technology.
2. Student-led Initiatives:
   • Students participate in community service projects and lead educational sessions for younger peers.
3. Quotes Display:
   • Schools display inspirational quotes by Dr. Kalam to foster motivation among students.

Notable Quotes by Dr. Kalam:

• “You have to dream before your dreams can come true.”
• “Learning fosters creativity; creativity stimulates thinking; thinking generates knowledge; and knowledge elevates you.”
• “If you want to shine like a sun, first burn like a sun.”

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2. What is the theme of World Food Day 2024?
A) Food for Today, Hope for Tomorrow
B) Right to Foods for a Better Life and a Better Future
C) Healthy Diets, Healthy Planet
D) Ending Hunger through Innovation and Inclusion
E) Good Food for All, for Today and Tomorrow
Answer: B) Right to Foods for a Better Life and a Better Future

Event and Location:

• Event: World Food Day 2024
• Date: October 16, 2024
• Location: Global observance; key events at FAO Headquarters in Rome, Italy.

Mandates and Objectives:

• Theme for 2024:
  • “Right to Foods for a Better Life and a Better Future.”
  • Emphasizes the human right to adequate nutrition and highlights the importance of food in shaping the future.
• Significance of World Food Day:
  • A global call to action to fight hunger and malnutrition.
  • Aims to promote food security, sustainable practices, and healthy diets for all.
• Key Challenges in Global Food Security:
  • 733 million people face hunger globally.
  • 2.8 billion people cannot afford a healthy diet.
  • Issues include weather shocks, conflicts, inequality, and economic downturns.
• Focus Areas:
  • Address undernutrition, micronutrient deficiencies, and obesity by improving diet quality.
  • Mitigate the impacts of climate change and build resilient agrifood systems.
  • Encourage individuals to reduce food waste and support sustainable food practices.

World Food Forum 2024 (WFF):

• Dates: October 14–18, 2024
• Location: FAO Headquarters, Rome, Italy
• Theme: “Good food for all, for today and tomorrow”
• Key Areas of Action:
  1. Youth action
  2. Science and innovation
  3. Investment in sustainable agrifood systems

Important Terms Explained:

• Right to Food:
  • Recognized under the Universal Declaration of Human Rights.
  • Encompasses diverse, nutritious, affordable, accessible, and safe food for all individuals.
• Food and Agriculture Organization (FAO):
  • Founded: October 16, 1945
  • Headquarters: Rome, Italy
  • Director-General: Dr. Qu Dongyu

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Sports – Daily Current Affairs October 15

3. Which major shooting event will India host in 2025?
A) ISSF World Championship
B) ISSF World Cup Final
C) ISSF Junior World Cup
D) ISSF Youth Olympic Qualifiers
E) Asian Shooting Championship
Answer: C) ISSF Junior World Cup

Event and Location:

• Event: ISSF Junior World Cup 2025
• Location: India

Mandates and Objectives:

• Confirmation:
  • Luciano Rossi, President of the International Shooting Sport Federation (ISSF), announced that India will host the Junior World Cup in 2025.
• Reason for Selection:
  • India has played a critical role in developing shooting sports infrastructure and promoting the sport globally.
  • India’s athletes have gained international prominence in shooting, contributing to the sport’s growing popularity.
• Event Context:
  • The announcement was made during a press conference before the ISSF World Cup Final (Rifle/Pistol/Shotgun) held in New Delhi.

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4. Which peak did Arjun Vajpai recently become the first Indian to summit?
A) Mt. Everest
B) Mt. Kangchenjunga
C) Mt. Cho Oyu
D) Mt. Shishapangma
E) Mt. Lhotse
Answer: D) Mt. Shishapangma

Event and Location:

• Event: Arjun Vajpai becomes the first Indian to summit Mt. Shishapangma
• Location: China (Tibet)
• Date: October 9, 2024

Mandates and Objectives:

• Arjun Vajpai’s Achievement:
  • First Indian to summit Mt. Shishapangma.
  • Achieved the fastest Indian ascent of an 8,000m peak in China (Base Camp to Summit and back in under 72 hours).
  • Added this to his 8th successful 8,000m summit.
• Climbing Records:
  • Vajpai has now completed 8 out of 14 eight-thousanders (peaks above 8,000 meters).
  • He started his journey at the age of 16 in 2010, becoming the youngest climber of Mt. Everest at that time.
  • He holds multiple records, including a Guinness World Record for the youngest ascent of Mt. Everest and Mt. Lhotse.
• Challenges:
  • Faced severe setbacks during his career, including paralysis after a failed attempt on Mt. Cho Oyu, but recovered and continued pursuing his goal.

Important Terms Explained:

• Mt. Shishapangma:
  • Located in Tibet, China, it is one of the 14 eight-thousanders.
  • Known for its extreme risks, the peak has claimed 25 lives so far.
• Guinness World Record:
  • Arjun Vajpai holds a Guinness World Record for being the youngest person to climb Mt. Everest (2010) and Mt. Lhotse (2011).
• Eight-Thousanders:
  • Refers to 14 peaks worldwide that exceed 8,000 meters in height.
  • Vajpai aims to join an elite club of mountaineers who have summited all 14.

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5. Who won the ICC Men’s and Women’s Player of the Month awards for September 2024?
A) Kamindu Mendis and Esha Oza
B) Tammy Beaumont and Travis Head
C) Kamindu Mendis and Tammy Beaumont
D) Prabath Jayasuriya and Maia Bouchier
E) Dunith Wellalage and Aimee Maguire
Answer: C) Kamindu Mendis and Tammy Beaumont

Event and Location:

• Event: ICC Men’s and Women’s Player of the Month awards for September 2024
• Location: Global announcement by International Cricket Council (ICC)

Mandates and Objectives:

• Winners for September 2024:
  • Kamindu Mendis (Sri Lanka): ICC Men’s Player of the Month
  • Tammy Beaumont (England): ICC Women’s Player of the Month
• Kamindu Mendis’ Achievements:
  • Scored 451 runs at an average of 90.20 in four Tests in September 2024.
  • Notable performances include 114 and 182 against New Zealand at Galle.
  • Mendis became the first player to pass fifty in each of his first eight Tests.
  • Fastest player in 75 years to reach 1,000 Test runs.
• Tammy Beaumont’s Performances:
  • Accumulated 279 runs from five matches in England’s tour of Ireland.
  • Scored 150 runs from 139 balls in the second ODI, showcasing her short-format expertise.
  • Registered half-centuries and consistent scores across the ODI and T20I series.
• Voting Process:
  • Winners are selected through a fan vote and a specialist panel comprising ICC Hall of Famers, former players, and media experts.

Important Terms Explained:

• ICC (International Cricket Council):
  • The global governing body for cricket.
  • Organizes and announces the Player of the Month awards to recognize individual excellence.
• Galle:
  • A historic cricket venue in Sri Lanka, known for its challenging surfaces and iconic Test matches.

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Banking and Finance – Daily Current Affairs October 15

6. Which two companies have partnered to offer home loans and loans against property to merchants?
A) Aditya Birla Housing Finance and Paytm
B) Aditya Birla Capital and Razorpay
C) Aditya Birla Housing Finance and BharatPe
D) HDFC Bank and BharatPe
E) ICICI Bank and Aditya Birla Finance
Answer: C) Aditya Birla Housing Finance and BharatPe

Event and Location:

• Event: Aditya Birla Housing Finance (ABHFL) partners with BharatPe to offer secured lending solutions.
• Location: New Delhi
• Date: October 15, 2024

Mandates and Objectives:

• Objective of the Partnership:
  • Provide home loans and loans against property for BharatPe’s merchant partners.
  • Facilitate easy access to secured loans for small merchants and business owners.
• Focus on Secured Lending:
  • Loans will be available through Aditya Birla Housing Finance, with a focus on expanding financial inclusion among merchants using BharatPe’s platform.
  • Aims to boost lending capacity and support the growth of BharatPe’s merchants by offering credit access with secured lending products.

Important Terms Explained:

• Aditya Birla Housing Finance (ABHFL):
  • A wholly-owned subsidiary of Aditya Birla Capital Ltd, focusing on housing loans and property financing.
• BharatPe:
  • A fintech company offering payment solutions, credit products, and financial services to merchants and small businesses across India.

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Business and Economy – Daily Current Affairs October 15

7. Which company became the fifth-largest UPI player in India by volume as of September 2024?
A) Amazon Pay
B) Cred
C) Navi
D) PhonePe
E) Google Pay
Answer: C) Navi

Event and Location:

• Event: Navi becomes India’s fifth-largest UPI player by transaction volume.
• Location: India
• Date: September 2024

Mandates and Objectives:

• Navi’s Growth:
  • 120.41 million transactions with a cumulative value of Rs 6,549 crore in September 2024.
  • Surpassed Amazon Pay’s UPI volumes in August and climbed to fifth place on the UPI leaderboard.
  • Saw 35.7% month-on-month growth from 88.71 million transactions in August, amounting to Rs 4,651 crore.
• Reason for Growth:
  • Navi rolled out cashbacks and rewards in April 2024 to encourage more UPI transactions.
• Market Share:
  • Holds a 0.8% market share, while major players like PhonePe, Google Pay, and Paytm process 92.5% of UPI volumes.

UPI Market Performance (September 2024):

• Total UPI Transactions:
  • 15 billion transactions valued at Rs 20.63 trillion were processed in September 2024.
• Top UPI Players and Performance:
  • PhonePe:
    • 7.22 billion transactions | Value: Rs 10.3 trillion
    • Market Share: 48.01%
  • Google Pay:
    • 5.62 billion transactions | Value: Rs 7.46 trillion
    • Market Share: 37.40%
  • Paytm (OCL):
    • 1.06 billion transactions | Value: Rs 1.13 trillion
    • Market Share: 7.08%
  • Cred:
    • 140 million transactions | Value: Rs 47,983 crore
    • Market Share: 0.93%
  • Navi:
    • 120.41 million transactions | Value: Rs 6,549 crore
    • Market Share: 0.80%

Important Terms Explained:

• Unified Payments Interface (UPI):
  • India’s real-time payment system enabling interbank transactions via mobile phones, managed by the NPCI (National Payments Corporation of India).
• Navi:
  • Founder: Sachin Bansal (co-founder of Flipkart)
  • Bengaluru-based fintech company offering loans, mutual funds, insurance, and UPI services.
• NPCI (National Payments Corporation of India):
  • Governs UPI and other retail payment systems in India.

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8. Which company received the ₹867 crore contract from ICF Chennai to manufacture high-speed trains?
A) Bharat Electronics Limited (BEL)
B) BEML Ltd
C) Larsen & Toubro (L&T)
D) Hindustan Aeronautics Limited (HAL)
E) Tata Projects
Answer: B) BEML Ltd

Event and Location:

• Event: BEML Ltd bags ₹867 crore contract to manufacture high-speed trains.
• Location: Bengaluru (Company HQ) and ICF Chennai (Contractor)
• Date: October 15, 2024

Mandates and Objectives:

• Contract Details:
  • Awarded by: Integral Coach Factory (ICF), Chennai
  • Value of Contract: ₹866.87 crore
  • Scope: Design, manufacture, and commission two high-speed trains, each comprising eight cars.
• Deployment:
  • The trains will operate on the Mumbai-Ahmedabad High-Speed Rail Corridor, managed by the National High-Speed Rail Corporation (NHSRCL).

Important Terms Explained:

• BEML Ltd:
  • Bharat Earth Movers Limited (BEML) is a public sector undertaking specializing in manufacturing heavy equipment, including defense, metro trains, and rail coaches.
• Integral Coach Factory (ICF):
  • A major railway coach manufacturing unit located in Chennai, responsible for producing modern trains for Indian Railways.
• Mumbai-Ahmedabad High-Speed Rail Corridor:
  • India’s first bullet train project, utilizing Japanese Shinkansen technology, managed by the NHSRCL.

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9. How much stake will the government sell in Cochin Shipyard via the Offer for Sale (OFS)?
A) 10%
B) 2.5%
C) 5%
D) 7.5%
E) 1%
Answer: C) 5%

Event and Location:

• Event: Government to sell up to 5% stake in Cochin Shipyard via Offer for Sale (OFS).
• Date: Announcement made on October 15, 2024

Mandates and Objectives:

• OFS Details:
  • Base Issue: 2.5% stake (65,77,020 shares).
  • Green Shoe Option: Additional 2.5% stake, taking the total to 5%.
  • Floor Price: ₹1,540 per share (set 8% lower than the closing price of ₹1,673 on October 15).
• Offer Period:
  • Non-retail investors: OFS opens Wednesday.
  • Retail investors & employees: OFS opens Thursday.
• Objective:
  • Through the sale, the government aims to raise more than ₹2,000 crore, depending on the final share price.

Important Terms Explained:

• Offer for Sale (OFS):
  • A mechanism used by companies or promoters to sell shares through the stock exchange.
  • It enables non-retail and retail investors to buy shares directly from the government or company.
• Green Shoe Option:
  • A provision allowing sellers to offer additional shares if there is high demand.

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Appointments – Daily Current Affairs October 15

10. Who took over as the 26th Director General of the Indian Coast Guard (ICG) in October 2024?
A) Rajendra Singh
B) K. Natarajan
C) Krishnaswamy Natarajan
D) Paramesh Sivamani
E) Virender Pathania
Answer: D) Paramesh Sivamani

Event and Location:

• Event: DG Paramesh Sivamani takes charge as the 26th Director General of the Indian Coast Guard (ICG).
• Date: October 15, 2024

Mandates and Objectives:

• Career Highlights of DG Paramesh Sivamani:
  • Specialized in Navigation & Direction.
  • Commanded major Indian Coast Guard vessels, including Advanced Offshore Patrol Vessel ‘Samar’ and Offshore Patrol Vessel ‘Vishwast’.
  • Held leadership positions such as:
    • Commander of Coast Guard Region (East)
    • Commander of Coast Guard Region (West)
    • Coast Guard Commander, Eastern Seaboard
• Educational Background:
  • Alumnus of the National Defence College (New Delhi) and the Defence Services Staff College (Wellington).
• Awards and Commendations:
  • Tatrakshak Medal (2014) for meritorious service.
  • President Tatrakshak Medal (2019) for distinguished service.
  • DG Coast Guard Commendation (2012).
  • Flag Officer Commanding-in-Chief (East) Commendation (2009).
• Operational Achievements:
  • Seizure of narcotics, drugs, and gold worth crores of rupees.
  • Rescue operations during cyclonic storms.
  • Conducted joint exercises with foreign Coast Guards.
  • Led anti-poaching operations and coastal security exercises.

Important Terms Explained:

• Tatrakshak Medal:
  • Awarded for distinguished service in the Indian Coast Guard.
• Indian Coast Guard (ICG):
  • A maritime force responsible for coastal security, search and rescue, and law enforcement in India’s territorial waters.

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11. What is the role of Dia Mirza at the All Living Things Environmental Film Festival (ALT EFF) 2024?
A) Festival Director
B) Actor in the featured films
C) Member of the Jury
D) Festival Spokesperson
E) Film Translator
Answer: C) Member of the Jury

Event and Location:

• Event: All Living Things Environmental Film Festival (ALT EFF) 2024
• Location: India (in both metro cities and smaller towns)
• Date: November 22 – December 8, 2024

Mandates and Objectives:

• Objective of the Festival:
  • To raise awareness about environmental issues through the medium of films, focusing on topics such as climate change and wildlife conservation.
  • Engage communities beyond metro cities by screening films in 55 locations in smaller towns and villages and 14 tier-1 cities.
• Total Films: 72 films, including 38 India premieres, will be showcased to create impactful dialogue on sustainability.
• Use of AI:
  • AI technology will be used to translate foreign films into regional languages, ensuring the festival is inclusive and accessible.

Important Terms Explained:

• Dia Mirza:
  • Bollywood actress and UNEP Goodwill Ambassador known for her active involvement in environmental and sustainability causes.
  • She expressed her excitement to serve as a jury member at ALT EFF, emphasizing the role of cinema in inspiring positive environmental change.
• Kunal Khanna (Festival Director):
  • Highlighted the importance of engaging communities beyond metro areas to connect people from diverse backgrounds to environmental issues through cinema.

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Awards – Daily Current Affairs October 15

12. What award did ISRO Chairman S. Somanath receive for the success of the Chandrayaan-3 mission?
A) Nobel Prize in Physics
B) Bharat Ratna
C) IAF World Space Award
D) Global Space Achievement Medal
E) International Lunar Exploration Award
Answer: C) IAF World Space Award

Event and Location:

• Event: Dr. S. Somanath receives the IAF World Space Award for the success of Chandrayaan-3.
• Location: Milan, Italy
• Date of Award Ceremony: October 2024

Mandates and Objectives:

• Chandrayaan-3 Success:
  • August 23, 2023: Made historic landing near the Moon’s South Pole, making India the first nation to do so.
  • Global Impact: Placed India among an elite group capable of successful lunar landings (including USA, Russia, and China).
  • Scientific Contributions:
    • Detection of sulfur and other elements in the lunar soil, enhancing understanding of the Moon’s composition.
• Leadership of Dr. S. Somanath:
  • Overcame challenges faced by Chandrayaan-2 to ensure Chandrayaan-3’s success.
  • Provided visionary guidance as Chairman of ISRO and Secretary of the Department of Space.

Important Terms Explained:

• IAF World Space Award:
  • Prestigious recognition awarded by the International Astronautical Federation.
  • Celebrates outstanding contributions to space technology and exploration.
  • Honors India’s growing prominence in lunar exploration and ISRO’s success with Chandrayaan-3.
• Chandrayaan-3 Mission:
  • Demonstrates India’s technological prowess in space and opens doors for international collaboration.
  • Inspires future scientists and engineers, boosting interest in STEM fields in India.

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13. Which state won the first prize in the Best State category at the 5th National Water Awards?
A) Uttar Pradesh
B) Odisha
C) Gujarat
D) Puducherry
E) Maharashtra
Answer: B) Odisha

Event and Location:

• Event: 5th National Water Awards 2023
• Date of Announcement: October 14, 2024
• Award Ceremony: October 22, 2024, at Plenary Hall, Vigyan Bhawan, New Delhi
• Chief Guest: President of India, Smt. Droupadi Murmu

Mandates and Objectives:

• Objective of the Awards:
  • Recognize individuals and organizations contributing to water conservation and management.
  • Create awareness about best water usage practices and motivate people to adopt them.
• Award Overview:
  • Organized by: Department of Water Resources, River Development, and Ganga Rejuvenation (DoWR, RD & GR) under the Ministry of Jal Shakti.
  • Total Categories: 9 categories, including Best State, Best District, Best Industry, and more.
  • Total Winners: 38 winners (including joint winners).
  • The awards include trophies, citations, and cash prizes in certain categories.

Notable Winners in Best State Category:

1. First Prize: Odisha
2. Second Prize: Uttar Pradesh
3. Third Prize (Joint): Gujarat and Puducherry

Important Terms Explained:

• National Water Awards (NWA):
  • Initiated in 2018 to promote awareness and water conservation practices.
  • Awards were given annually except in 2021 due to the COVID-19 pandemic.
• Ministry of Jal Shakti:
  • Responsible for policy frameworks and programs related to water management in India.
  • Launched various initiatives for Jal Samridh Bharat (Water-Enriched India).
• Ground Truthing:
  • A process involving verification on the ground of claims made by applicants, performed by Central Water Commission (CWC) and Central Ground Water Board (CGWB).

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International Affairs – Daily Current Affairs October 15

14. Which country recently signed an Audio-Visual Co-Production Agreement with India in October 2024?
A) Australia
B) Colombia
C) Germany
D) Brazil
E) Canada
Answer: B) Colombia

Event and Location:

• Event: India and Colombia sign an Audio-Visual Co-Production Agreement to foster film co-production and cultural ties.
• Date: October 15, 2024
• Location: Shram Shakti Bhawan, New Delhi

Mandates and Objectives:

• Purpose of the Agreement:
  • Facilitates collaboration between film industries of India and Colombia by pooling creative, technical, financial, and marketing resources.
  • Aims to boost cultural ties and goodwill between the two countries.
  • Provides a platform to promote Indian locales for shooting, leading to foreign exchange inflows.
  • Helps both countries access government support and financial incentives available for local productions.
• Co-Production Benefits:
  • Qualifies films under the agreement as national productions in both countries, making them eligible for financial support, tax incentives, and broadcast quotas.
  • Indian productions receive up to 30% reimbursement of production costs incurred in India, with a maximum of ₹300 million.
  • Additional bonuses of 5% are available for Indian content and local manpower, increasing reimbursement to 40%.
• India’s Previous Agreements:
  • India has signed similar agreements with Australia (2023), Russia (2019), Israel (2018), and Germany (2007).
  • Colombia becomes the 17th country to sign an Audio-Visual Co-Production Agreement with India.
• Upcoming Events:
  • International Film Festival of India (IFFI): Scheduled from November 20, 2024, in Goa.
  • World Audio Visual & Entertainment Summit (WAVES): Scheduled in February 2025, focusing on the future of media, films, and broadcasting.

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National Affairs – Daily Current Affairs October 01

15. Which areas will the newly announced AI Centres of Excellence (AI-CoEs) in India focus on?
A) Renewable Energy, Healthcare, and Education
B) Healthcare, Agriculture, and Sustainable Cities
C) Transportation, Education, and Agriculture
D) FinTech, Healthcare, and Industrial Manufacturing
E) Defence Technology, Agriculture, and Urban Planning
Answer: B) Healthcare, Agriculture, and Sustainable Cities

Event and Location:

• Event: Announcement of three AI Centres of Excellence (AI-CoEs)
• Location: New Delhi, India
• Date of Announcement: October 15, 2024

Mandates and Objectives:

• Objective of AI-CoEs:
  • Drive interdisciplinary research and create scalable solutions in Healthcare, Agriculture, and Sustainable Cities.
  • Build global public goods and nurture talent through industry-academia collaboration.
  • Contribute to India’s vision of becoming a global hub for AI and promote job creation and start-ups.
• Budget:
  • A total financial outlay of Rs. 990 crore approved for FY 2023-24 to FY 2027-28.
• Leading Institutions:
  • Healthcare CoE: Led by AIIMS and IIT Delhi.
  • Agriculture CoE: Led by IIT Ropar.
  • Sustainable Cities CoE: Led by IIT Kanpur.
• Key Participants and Committees:
  • Apex Committee: Co-chaired by Sridhar Vembu, Founder & CEO, Zoho Corporation.
  • Industry leaders, start-up founders, IIT directors, and officials from the Ministry of Education were present at the event.
• Scope and Impact:
  • Develop cutting-edge AI applications to solve real-world challenges in healthcare, urban management, and agriculture.
  • Create companies and nurture human capital to serve the nation over the next 10–20 years.
  • Align with the “Make AI in India and Make AI work for India” mission to foster domestic innovation.

Important Terms Explained:

• AI Centres of Excellence (AI-CoEs):
  • Specialized institutions focused on AI research and solutions in key areas such as Healthcare, Agriculture, and Urban Management.
• Apex Committee:
  • A governing body for implementing AI-CoEs, co-chaired by Dr. Sridhar Vembu.

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16. Where was the 4th Meeting of the National Traders’ Welfare Board (NTWB) held?
A) Mumbai
B) Kolkata
C) New Delhi
D) Bengaluru
E) Chennai
Answer: C) New Delhi

Event and Location:

• Event: 4th Meeting of the National Traders’ Welfare Board (NTWB)
• Location: Vanijya Bhawan, New Delhi
• Date: October 15, 2024

Mandates and Objectives:

• Objective of NTWB:
  • Promote the welfare of traders by bringing their representations and suggestions to relevant ministries.
  • Spread awareness about welfare schemes related to retail trade.
  • Encourage members to promote DPIIT’s VC interactive session among traders.
• Key Discussions:
  • Members provided feedback and suggestions on how to improve awareness and outreach of government welfare schemes for traders.
  • Concerns and representations from trade associations were discussed to ensure appropriate actions are taken by relevant ministries and departments.
• Participants:
  • Chairman: Shri Sunil J. Singhi
  • Non-official members nominated by the Central Government representing Trade Associations and States/UTs.
  • Ex-officio members representing nine ministries and departments of the Government of India.

Important Terms Explained:

• DPIIT (Department for Promotion of Industry and Internal Trade):
  • An agency under the Ministry of Commerce and Industry responsible for promoting trade, industry, and internal commerce in India.
• Vanijya Bhawan:
  • The new headquarters of the Ministry of Commerce and Industry in New Delhi, inaugurated to promote ease of business and trade initiatives.

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17. What significant event did Prime Minister Narendra Modi inaugurate at Bharat Mandapam, New Delhi, on October 15, 2024?
A) International Digital Innovation Summit
B) G20 Telecommunications Forum
C) ITU World Telecommunication Standardization Assembly 2024 and India Mobile Congress
D) India-Africa Digital Summit
E) World ICT and Cybersecurity Conference
Answer: C) ITU World Telecommunication Standardization Assembly 2024 and India Mobile Congress

Event and Location:

• Event: ITU World Telecommunication Standardization Assembly (WTSA) 2024 and India Mobile Congress (IMC).
• Date: October 15, 2024
• Location: Bharat Mandapam, New Delhi

Mandates and Objectives:

• WTSA 2024 Overview:
  • Organized by the International Telecommunication Union (ITU), a United Nations agency for digital technologies.
  • Brings together over 3,000 industry leaders, policymakers, and tech experts from 190 countries.
  • Objective: Set global standards for 6G, AI, IoT, Big Data, cybersecurity, and other next-generation technologies.
  • India is hosting WTSA for the first time in the Asia-Pacific region.
• India Mobile Congress (IMC):
  • IMC is Asia’s largest digital technology forum.
  • Focuses on 5G, 6G, semiconductors, green tech, cybersecurity, cloud computing, and satcom.
  • The 2024 edition will feature 400 exhibitors, 900 startups, and participation from over 120 countries.
  • The event aims to highlight Quantum technology, Circular Economy, and IoT innovations.
• PM Modi’s Key Announcements:
  • Optical fiber: India laid fiber eight times the distance between Earth and the Moon in just 10 years.
  • 5G Adoption: India is the second-largest 5G market and is advancing towards 6G technology.
  • Digital Platforms: India’s innovations, such as UPI, JAM Trinity (Jan Dhan, Aadhaar, Mobile), are globally recognized.
  • Emphasized women-led development, with initiatives like the Drone Didi program for agriculture and Bank Sakhi program for digital banking.

Important Terms Explained:

• ITU:
  • International Telecommunication Union, a UN agency responsible for setting global telecom standards.
• JAM Trinity:
  • Refers to Jan Dhan Yojana, Aadhaar, and Mobile, forming the backbone of India’s digital transformation.
• Bank Sakhi Program:
  • An initiative to promote financial inclusion by training women to provide digital banking services at the grassroots level.

Static GK Information:

Tabular Summary:

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Over All Review

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