Daily Current Affairs September 03

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September 03 | Daily Current Affairs 2024

Important Days – Daily Current Affairs September 03

1. Who unveiled the new flag and insignia of the Supreme Court of India to commemorate its 75th year?
A) Prime Minister Narendra Modi
B) Chief Justice of India
C) Vice President Jagdeep Dhankhar
D) Home Minister Amit Shah
E) President Droupadi Murmu
Answer: E) President Droupadi Murmu

Event and Location:

• Event: Unveiling of the new flag and insignia of the Supreme Court of India
• Location: Supreme Court of India, New Delhi

Mandates and Objectives:

• Purpose of the Event:
  • The Supreme Court of India celebrated its 75th year, and a new flag and insignia were unveiled to mark this milestone.
  • These symbols represent justice and democracy in India.
• Significance of the Flag and Insignia:
  • Flag: Features elements like the Ashok Chakra, the iconic Supreme Court building, and the Constitution of India, representing the pillars of Indian democracy.
  • Insignia: Represents the authority and integrity of the Supreme Court.
• Designers: Conceptualised by the National Institute of Fashion Technology (NIFT), New Delhi.

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Sports – Daily Current Affairs September 03

2. Who won the 2023 Durand Cup title in a dramatic penalty shootout against Mohun Bagan SG?
A) Bengaluru FC
B) Kerala Blasters FC
C) NorthEast United FC
D) Mumbai City FC
E) Punjab FC
Answer: C) NorthEast United FC

Event and Location:

• Event: 2023 Durand Cup Final
• Location: Salt Lake Stadium, Kolkata

Mandates and Objectives:

• Purpose of Event:
  • The Durand Cup is the oldest football tournament in India and provides a platform for Indian football clubs to compete.
  • NorthEast United FC aimed to win their first-ever Durand Cup title.
• Result:
  • NorthEast United FC defeated Mohun Bagan SG 4-3 in a penalty shootout after a thrilling 2-2 draw during regular time.
  • NorthEast United FC made a historic comeback from a 2-0 deficit to level the score.

Important Terms Explained:

• Penalty Shootout:
  • A tiebreaker method used to decide the outcome when the match ends in a draw after regular and extra time.
• Golden Ball:
  • Awarded to the tournament’s best player, won by Jithin MS from NorthEast United FC.
• Golden Boot:
  • Awarded to the top goal scorer, won by Noah Sadaoui of Kerala Blasters FC.
• Golden Glove:
  • Awarded to the best goalkeeper, Gurmeet Singh from NorthEast United FC, whose penalty saves were instrumental.

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3. Who won the bronze medal for India in the mixed compound open archery event at the Paris 2024 Paralympics?
A) Harvinder Singh and Sheetal Devi
B) Rakesh Kumar and Eleonora Sarti
C) Rakesh Kumar and Sheetal Devi
D) Matteo Bonacina and Eleonora Sarti
E) Teodara Ferelly and Ken Swagumilang
Answer: C) Rakesh Kumar and Sheetal Devi

Event and Location:

• Event: Mixed Compound Open Archery at the Paris 2024 Paralympics
• Location: Paris, France

Mandates and Objectives:

• Performance and Medal:
  • The Indian duo of Sheetal Devi and Rakesh Kumar won the bronze medal in a close match against Italy’s Eleonora Sarti and Matteo Bonacina, with a scoreline of 156-155.
  • Their victory also equaled the Paralympic record score of 156.
• Significant Achievements:
  • Sheetal Devi became India’s youngest Paralympic medallist at the age of 17.
  • Rakesh Kumar, a seasoned archer and a gold medallist in the Para World Championship and Asian Para Games, won his first Paralympic medal.

Important Terms Explained:

• Mixed Compound Open Archery:
  • A Paralympic archery event where teams consist of male and female archers, using compound bows, which are mechanically assisted for better accuracy.
• Phocomelia:
  • A rare congenital disorder causing underdeveloped limbs, affecting Sheetal Devi. She uses her legs to shoot the bow in archery.

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4. Who defeated Suhas Yathiraj to win the gold medal in the men’s singles SL4 badminton final at the Paris 2024 Paralympics?
A) Nitesh Kumar
B) Fredy Setiawan
C) Lucas Mazur
D) Sukant Kadam
E) Pramod Bhagat
Answer: C) Lucas Mazur

Event and Location:

• Event: Men’s Singles SL4 Badminton Final at the Paris 2024 Paralympics
• Location: Paris, France

Mandates and Objectives:

• Match Outcome:
  • Suhas Yathiraj of India, a 41-year-old para-badminton player, was defeated by Lucas Mazur of France in the final, settling for the silver medal.
  • The match ended in straight games, with a scoreline of 21-9, 21-13, taking 34 minutes.
• Background:
  • This was a repeat of the Tokyo 2020 Paralympics final, where Yathiraj also lost to Mazur, but in a much closer three-game match.
• Paralympic Class:
  • SL4 Class refers to athletes with a lower limb impairment and minor balance issues. These athletes compete standing, and their impairments are less severe than those in the SL3 Class.
• India’s Overall Performance:
  • India secured its fourth badminton medal of the Paris 2024 Paralympics on the same day.
  • Yathiraj’s silver took India’s total medal tally to 12, marking only the second time in Paralympic history that India crossed the 10-medal mark.

Important Terms Explained:

• SL4 Class:
  • A classification in para-badminton for athletes with lower limb impairments who compete standing with minimal balance issues.
• Paris 2024 Paralympics:
  • A major international event for athletes with disabilities, held every 4 years following the Olympic Games.

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5. Which venue will host the 2025 World Test Championship final?
A) The Oval
B) Lord’s
C) Eden Gardens
D) Melbourne Cricket Ground
E) Rose Bowl
Answer: B) Lord’s

Event and Location:

• Event: 2025 World Test Championship Final
• Location: Lord’s Cricket Ground, London

Mandates and Objectives:

• Hosting Details:
  • For the first time, Lord’s will host the World Test Championship (WTC) final in June 2025.
  • The final will be a five-day match starting on 11 June 2025 between the two highest-ranking teams in the WTC rankings.
• Defending Champions:
  • Australia, who defeated India at The Oval in 2023, are the defending champions.
  • New Zealand won the inaugural edition of the WTC in 2021 by beating India at Southampton.
• Current Standings:
  • As of now, India is at the top of the Test Championship rankings, followed by Australia and New Zealand.
  • England is currently in fourth place, but teams like New Zealand, England, and South Africa are still in contention for the final spots.

Important Terms Explained:

• World Test Championship (WTC):
  • An ICC tournament that determines the best Test cricket team over a two-year cycle.
• Lord’s Cricket Ground:
  • Known as the “Home of Cricket”, Lord’s is one of the most iconic cricket stadiums globally, located in London, England.

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Ranking – Daily Current Affairs September 03

6. Which two states topped the GSDP growth among the 10 largest states in India in FY24?
A) Maharashtra and Karnataka
B) Telangana and Tamil Nadu
C) Gujarat and Kerala
D) Uttar Pradesh and Rajasthan
E) West Bengal and Odisha
Answer: B) Telangana and Tamil Nadu

Event and Location:

• Event: Telangana and Tamil Nadu recorded the highest growth in GSDP among the 10 largest states in India.
• Source: Analysis based on estimates from the Ministry of Statistics and Programme Implementation (MoSPI).

Mandates and Objectives:

• GSDP Growth:
  • Telangana, Tamil Nadu, and Rajasthan recorded the highest growth in real Gross State Domestic Product (GSDP) for FY24.
• Sectoral Contribution:
  • The services sector, which contributes the highest to the Gross Value Added (GVA) for large states, played a key role in their economic growth.

Important Terms Explained:

• Gross State Domestic Product (GSDP):
  • The total value of all goods and services produced within a state’s boundaries over a specific time period.
• Gross Value Added (GVA):
  • A measure of the value of goods and services produced in an area, sector, or economy.

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Business and Economy – Daily Current Affairs September 03

7. What is the revised growth forecast for India’s GDP in FY25 according to the World Bank?
A) 6.4%
B) 7.0%
C) 6.6%
D) 8.2%
E) 5.9%
Answer: B) 7.0%

Event and Location:

• Event: The World Bank revised India’s GDP growth forecast for FY25
• Location: India

Mandates and Objectives:

• Growth Forecast:
  • The World Bank has revised its growth forecast for India in FY25 to 7.0%, up from its previous estimate of 6.6%.
• Reasons for the Upgrade:
  • The improvement in monsoon and private consumption boosted the growth prospects of India’s economy.
  • India was the fastest-growing major economy in FY24, with a growth rate of 8.2%.
• Future Outlook:
  • The World Bank projects a positive medium-term outlook for India, with strong growth expected through FY26 and FY27.
  • The current account deficit is expected to stay between 1-1.6% of GDP.
  • Debt-to-GDP ratio is projected to decline gradually from 83.9% in FY24 to 82% by FY27.
• Key Focus:
  • India is encouraged to diversify its export basket and leverage global value chains to achieve $1 trillion in merchandise exports by 2030.

Important Terms Explained:

• Current Account Deficit:
  • The difference between a country’s total imports and exports of goods, services, and transfers.
• Debt-to-GDP Ratio:
  • A measure of a country’s national debt relative to its Gross Domestic Product (GDP).

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8. Which company recently launched the mPower Wealth platform, aimed at transforming the wealth management industry?
A) Infosys
B) KFin Technologies
C) TCS
D) Wipro
E) HDFC Securities
Answer: B) KFin Technologies

Event and Location:

• Event: Launch of mPower Wealth platform by KFin Technologies
• Date: 3 September 2024

Mandates and Objectives:

• Purpose of the Platform:
  • KFin Technologies Limited launched mPower Wealth, an advanced wealth management platform designed to provide seamless integration across front, mid, and back-office operations.
  • The platform targets wealth managers, family offices, banks, and external asset managers to streamline their operations through an omnichannel solution.
• Global Context:
  • The launch comes at a time when the global ultra-high-net-worth individual population grew by 4.2% in 2023, with a projected increase of 28.1% over the next five years.

Important Terms Explained:

• Wealth Management:
  • A professional service providing financial and investment advice to high-net-worth individuals, helping them manage and grow their wealth.
• Omnichannel Solution:
  • A platform that provides a seamless user experience across multiple channels, including digital, mobile, and in-person services.

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Appointments – Daily Current Affairs September 03

9. Who has been appointed as the new Managing Director for Philips in the Indian subcontinent effective from September 1, 2024?
A) Daniel Mazon
B) Bharath Sesha
C) Heubach Colorants
D) Amit Sinha
E) Rajesh Khanna
Answer: B) Bharath Sesha

Event and Location:

• Event: Appointment of Bharath Sesha as Managing Director for Philips Indian Subcontinent
• Location: Gurgaon, India (Healthcare Business Headquarters)

Mandates and Objectives:

• New Role:
  • Bharath Sesha will lead Philips’ growth strategy in the Indian subcontinent starting September 1, 2024.
  • His primary focus will be on customer satisfaction and operational excellence.
  • He will manage Philips’ operations, including the Philips Innovation Campus (PIC) in Bangalore, the Healthcare Innovation Centre (HIC) in Pune, and Global Business Services (GBS) in Chennai.
• Predecessor:
  • Bharath succeeds Daniel Mazon, who served as Vice Chairman and Managing Director for the Indian Subcontinent until April 1, 2024.
• Experience:
  • Bharath brings over two decades of experience from the pharmaceutical and chemical industries, having previously served as Managing Director at Heubach Colorants India.

Important Terms Explained:

• Philips Innovation Campus (PIC):
  • A center in Bangalore focusing on research and development for health technology innovations in India.
• Healthcare Innovation Centre (HIC):
  • Located in Pune, this center focuses on healthcare innovations and the development of cutting-edge solutions to improve healthcare access and affordability.

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10. Which Indian actress was named as the global brand ambassador for L’Oreal Paris in September 2024?
A) Deepika Padukone
B) Priyanka Chopra
C) Katrina Kaif
D) Alia Bhatt
E) Kareena Kapoor
Answer: D) Alia Bhatt

Event and Location:

• Event: Appointment of Alia Bhatt as the global brand ambassador for L’Oréal Paris
• Location: New Delhi, India
• Date: 3 September 2024

Mandates and Objectives:

• L’Oréal Paris announced Alia Bhatt as their new global brand ambassador, joining other renowned global ambassadors like Aishwarya Rai, Viola Davis, and Jane Fonda.
• Alia Bhatt, a prominent Bollywood actress, now represents the French beauty brand on an international level, further enhancing her global presence.

Important Terms Explained:

• Global Brand Ambassador:
  • A celebrity chosen to represent a brand on an international scale, helping to promote its products and values globally.

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Awards – Daily Current Affairs September 03

11. Which organization won the Gold Award for “Application of Emerging Technologies for Providing Citizen-Centric Services” at the 27th National Conference on e-Governance?
A) National Informatics Centre (NIC)
B) Unique Identification Authority of India (UIDAI)
C) Open Network for Digital Commerce (ONDC)
D) Digital India Corporation
E) Bharat Broadband Network Limited (BBNL)
Answer: C) Open Network for Digital Commerce (ONDC)

Event and Location:

• Event: 27th National Conference on e-Governance (NCeG)
• Location: Mumbai, Maharashtra
• Date: 3 September 2024

Mandates and Objectives:

• Award Received:
  • ONDC (Open Network for Digital Commerce) won the prestigious Gold Award for “Application of Emerging Technologies for Providing Citizen-Centric Services” during the 27th National Conference on e-Governance.
• Purpose of the Award:
  • This award recognizes excellence in e-Governance initiatives, promoting innovative solutions for enhancing citizen-centric services.
• ONDC Overview:
  • ONDC is a Digital Public Infrastructure (DPI) initiative developed by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry.
  • ONDC aims to democratize e-commerce by making it accessible to a wide range of sellers, including small businesses, artisans, farmers, and women entrepreneurs.
• Key Achievements:
  • ONDC enables 1.2 crore orders per month and supports over 6 lakh sellers across India, providing a platform for small and local businesses to compete in the digital marketplace.

Important Terms Explained:

• National Awards for e-Governance (NAeG):
  • An annual recognition awarded by the Department of Administrative Reforms and Public Grievances (DARPG) to promote innovative digital governance solutions in India.
• Open Network for Digital Commerce (ONDC):
  • A Government-led initiative that fosters interoperable, decentralized, and democratic e-commerce systems, allowing different players to contribute microservices and compete effectively.

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Defence – Daily Current Affairs September 03

12. Where was the 3rd Joint Defence Cooperation Committee (JDCC) meeting between India and Kenya held in September 2024?
A) Nairobi, Kenya
B) Mumbai, India
C) Pune, India
D) New Delhi, India
E) Mombasa, Kenya
Answer: D) New Delhi, India

Event and Location:

• Event: 3rd Joint Defence Cooperation Committee (JDCC) Meeting
• Location: New Delhi, India
• Date: 3 September 2024

Mandates and Objectives:

• Purpose of the Meeting:
  • The meeting aimed to strengthen defence cooperation between India and Kenya.
  • Discussions covered a broad range of areas, including military cooperation, training, defence industries, and research & development (R&D).
• Kenyan Delegation’s Visit:
  • The Kenyan delegation met Indian defence industry representatives in Delhi and is scheduled to visit Pune to explore Indian defence industry capabilities.
• Memorandum of Understanding (MoU):
  • India and Kenya signed a Defence Cooperation MoU in July 2016, providing a legal framework for collaboration on various defence aspects for mutual benefit.

Important Terms Explained:

• Joint Defence Cooperation Committee (JDCC):
  • A platform for India and Kenya to discuss and improve defence cooperation, including military training, collaboration in defence industries, and more.
• MoU on Defence Cooperation (2016):
  • An agreement between India and Kenya to formalize and expand their defence relations.

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13. How much is the total worth of the 10 defence projects cleared by the Defence Ministry in September 2024?
A) ₹1,50,000 crore
B) ₹1,25,000 crore
C) ₹1,44,716 crore
D) ₹1,75,000 crore
E) ₹1,60,000 crore
Answer: C) ₹1,44,716 crore

Event and Location:

• Event: The Defence Ministry cleared 10 projects worth ₹1,44,716 crore.
• Location: New Delhi, India
• Date: 3 September 2024

Mandates and Objectives:

• Approval Authority:
  • The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, gave Acceptance of Necessity (AoN) for the capital acquisition proposals.
• Key Projects:
  • The projects include Future Ready Combat Vehicles, Air Defence Fire Control Radars, Dornier-228 aircraft, Next Generation Fast Patrol Vessels, and Offshore Patrol Vessels.
• Purpose:
  • These projects aim to strengthen India’s defence capabilities and modernize its armed forces by procuring advanced military assets.

Important Terms Explained:

• Acceptance of Necessity (AoN):
  • A crucial step in India’s defence procurement process, indicating the government’s agreement to acquire certain equipment.
• Defence Acquisition Council (DAC):
  • The highest decision-making body within the Ministry of Defence responsible for approving capital acquisitions for the Indian armed forces.

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National Affairs – Daily Current Affairs September 03

14. Which Law Commission has been constituted by the Government of India for a period of three years in September 2024?
A) 21st Law Commission
B) 22nd Law Commission
C) 23rd Law Commission
D) 24th Law Commission
E) 25th Law Commission
Answer: C) 23rd Law Commission

Event and Location:

• Event: Constitution of the 23rd Law Commission of India
• Location: New Delhi, India
• Date: 3 September 2024

Mandates and Objectives:

• Purpose of the Commission:
  • The 23rd Law Commission was constituted for a period of three years, following the expiry of the 22nd Law Commission on August 31, 2024.
  • The commission is tasked with legal reforms and advising the government on legislative matters.
• Structure of the Commission:
  • The commission will have a full-time chairperson and four full-time members, including a member-secretary.
  • Ex-officio members: The Secretary of the Department of Legal Affairs and the Secretary of the Legislative Department will serve as ex-officio members.
  • The panel can also include up to five part-time members.
• Eligibility:
  • Supreme Court and High Court judges can be appointed as chairperson and members. Their time on the commission will be counted as “actual service” until they retire or their term with the commission ends.

Important Terms Explained:

• Law Commission:
  • An executive body established by the Government of India to recommend legal reforms and assess existing laws to ensure they meet current social and legal needs.
• Ex-officio Member:
  • An individual who holds a position by virtue of another office held, in this case, the secretaries of relevant government departments.

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15. Which company partnered with the Government of Goa to enhance waste management practices in Mormugao?
A) Coca-Cola
B) Tata Consumer Products
C) PepsiCo
D) Bisleri International Pvt. Ltd.
E) Nestlé India
Answer: D) Bisleri International Pvt. Ltd.

Event and Location:

• Event: Partnership between Bisleri International Pvt. Ltd. and the Government of Goa to improve waste management.
• Location: Mormugao, Goa (Green Goa Summit 2024, held at Raj Bhavan in Dona Paula)

Mandates and Objectives:

• Purpose of the Partnership:
  • Bisleri partnered with the Goa State Pollution Control Board (GSPCB), Goa Waste Management Corporation (GWMC), and Mormugao Municipal Council (MMC) to enhance plastic waste management practices in Mormugao under its CSR initiative ‘Bottles for Change’.
  • The focus is on improving waste collection, segregation, and recycling, while also creating educational programs to raise awareness about proper waste management.
• Implementation Partner:
  • The initiative will be executed with the help of local waste management partner SampurnEURarth Environment Solution Pvt. Ltd..
• Initiatives:
  • Training staff at Material Recovery Facilities (MRFs) managed by MMC.
  • Supporting Self-Help Group (SHG)-run recovery facilities at Harvalem.
  • Monitoring and performance data collection to ensure continuous improvement and transparency.

Important Terms Explained:

• Bottles for Change:
  • A CSR initiative by Bisleri International aimed at promoting plastic waste recycling and raising awareness about post-consumer plastic value.
• Material Recovery Facility (MRF):
  • A facility where waste is collected, sorted, and prepared for recycling.

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16. Where was the Vishanu Yuddh Abhyas mock drill on pandemic preparedness conducted in 2024?
A) Jaipur, Rajasthan
B) Ajmer, Rajasthan
C) Udaipur, Rajasthan
D) Jodhpur, Rajasthan
E) Bikaner, Rajasthan
Answer: B) Ajmer, Rajasthan

Event and Location:

• Event: Vishanu Yuddh Abhyas (Virus War Exercise) – A mock drill on pandemic preparedness
• Location: Ajmer district, Rajasthan
• Date: August 27 to August 31, 2024

Mandates and Objectives:

• Purpose of the Drill:
  • The exercise was conducted under the National One Health Mission (NOHM) to assess India’s pandemic preparedness and readiness of the National Joint Outbreak Response Team (NJORT).
  • It aimed to simulate a zoonotic disease outbreak and evaluate the response across human health, animal husbandry, and wildlife sectors.
• Components of the Drill:
  • Investigation and identification of the virus responsible for the mock outbreak.
  • Actions initiated to control the spread of the illness across human and animal populations.
• Involved Agencies:
  • National Centre for Disease Control (NCDC), Indian Council of Medical Research (ICMR), Directorate General of Health Services (DGHS), Department of Animal Husbandry and Dairying (DAHD), and Ministry of Environment, Forest, and Climate Change (MoEF&CC), among others.
• Outcome:
  • The exercise provided valuable insights to improve India’s preparedness for zoonotic disease outbreaks, helping to refine future strategies for better pandemic response.

Important Terms Explained:

• National One Health Mission (NOHM):
  • A mission aimed at addressing the interconnected health of humans, animals, plants, and the environment through a One Health approach.
• Zoonotic Disease:
  • A disease that can be transmitted from animals to humans, making it critical to manage both animal and human health sectors.

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17. Which two organizations signed a Memorandum of Understanding (MoU) to strengthen the Standards & Labelling (S&L) Program and promote energy efficiency in India?
A) NITI Aayog and Ministry of Power
B) National Test House (NTH) and Bureau of Energy Efficiency (BEE)
C) Ministry of Environment and NITI Aayog
D) Bureau of Indian Standards and Ministry of Power
E) National Test House (NTH) and Ministry of Consumer Affairs
Answer: B) National Test House (NTH) and Bureau of Energy Efficiency (BEE)

Event and Location:

• Event: Signing of a Memorandum of Understanding (MoU) between National Test House (NTH) and Bureau of Energy Efficiency (BEE)
• Location: New Delhi, India
• Date: 3 September 2024

Mandates and Objectives:

• Purpose of the MoU:
  • The collaboration aims to strengthen the Standards & Labelling (S&L) Program, a key initiative promoting energy efficiency across India.
  • The National Test House (NTH) will be recognized as a referral laboratory for BEE to resolve technical disputes regarding test results.
• Key Features of the MoU:
  • Market surveillance to ensure consistency in the performance of products with star ratings.
  • Capacity-building training for BEE officers at NTH regional laboratories.
  • Review of the existing S&L program, including check testing procedures.
• Benefits:
  • The MoU will help promote sustainable development by enhancing energy conservation and reducing carbon footprints through the efficient use of electricity.

Important Terms Explained:

• Standards & Labelling (S&L) Program:
  • A BEE initiative aimed at promoting the energy efficiency of electrical appliances through star ratings.
• Bureau of Energy Efficiency (BEE):
  • A statutory body under the Ministry of Power, India, established to reduce the energy intensity of the Indian economy through energy conservation policies.

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18. Which company recently launched the ‘Drone Hub’, an advanced e-commerce platform for drone-related products?
A) Garuda Aerospace
B) Drone Destination
C) DJI
D) Skylark Drones
E) Aerodyne Group
Answer: B) Drone Destination

Event and Location:

• Event: Launch of ‘Drone Hub’, an e-commerce platform for drone-related products
• Location: New Delhi, India
• Date: 3 September 2024

Mandates and Objectives:

• Purpose of Drone Hub:
  • Drone Destination unveiled Drone Hub, an advanced e-commerce platform aimed at strengthening the drone industry in India.
  • The platform offers a wide range of products including drones, drone parts, consumables, avionics, and BIS-approved drone batteries.
• Aim:
  • The platform addresses the increasing demand for drone-related products and helps ensure a reliable supply chain with efficient after-sales services.
  • Drone Hub positions Drone Destination as a key player in promoting innovation and growth within the drone sector.

Important Terms Explained:

• Drones:
  • Unmanned aerial vehicles used for various purposes, including agriculture, infrastructure, and surveillance.
• BIS-approved Batteries:
  • Batteries approved by the Bureau of Indian Standards (BIS), ensuring compliance with safety and quality standards.

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