Daily Current Affairs September 24

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 September 24. 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.

TO PURCHASE OUR BANKING AWARENESS (2021 Edition) – CLICK HERE

September 24 | Daily Current Affairs 2024

Business and Economy – Daily Current Affairs September 24

1. Why did SEBI fine Jai Anmol Ambani in the Reliance Home Finance case?
A) Misuse of company funds
B) Failure to exercise due diligence in approving loans
C) Insider trading
D) Violation of environmental regulations
E) Tax evasion
Answer: B) Failure to exercise due diligence in approving loans

Event and Location:

  • Event: SEBI fined Jai Anmol Ambani and Krishnan Gopalakrishnan in the Reliance Home Finance case for their failure to adhere to proper procedures in approving loans.
  • Location: The orders were issued by the Securities and Exchange Board of India (SEBI).

Mandates and Objectives:

  • SEBI’s Action Against Jai Anmol Ambani:
    • Jai Anmol Ambani, a non-executive director of Reliance Home Finance, was fined Rs 1 crore by SEBI for failing to exercise due diligence when approving a general-purpose corporate loan (GPCL) of Rs 20 crore.
    • He sanctioned this loan to Accura Productions Private Limited on February 14, 2019, despite clear instructions from the board of directors to refrain from approving any more GPCL loans after their meeting on February 11, 2019.
  • Violation of SEBI’s LODR Rules:
    • Both Jai Anmol Ambani and Krishnan Gopalakrishnan, the former Chief Risk Officer of Reliance Home Finance, violated SEBI’s Listing Obligations and Disclosure Requirement (LODR) rules.
  • Penalties:
    • Jai Anmol Ambani was fined Rs 1 crore, and Krishnan Gopalakrishnan was fined Rs 15 lakh. Both were ordered to pay the fines within 45 days.
  • SEBI’s August Action:
    • This action follows SEBI’s earlier decision in August, where Anil Ambani and 24 others were barred from the securities market for five years due to a related case involving the diversion of Reliance Home Finance Ltd’s funds, for which Anil Ambani was fined Rs 25 crore.

Important Terms Explained:

  • SEBI (Securities and Exchange Board of India):
    • India’s regulatory body for the securities market, responsible for protecting investors and ensuring transparency and accountability.
  • Listing Obligations and Disclosure Requirement (LODR) Rules:
    • These rules outline the obligations of listed companies to ensure transparency, timely disclosure, and compliance with market regulations.

Static GK Information:

Titbits

Securities and Exchange Board of India (SEBI):

  • Founded: 1992
  • Headquarters: Mumbai, Maharashtra
  • Chairman: Madhabi Puri Buch

Reliance Home Finance:

  • Parent Group: Reliance Anil Dhirubhai Ambani Group (ADAG)
  • Sector: Financial Services

Tabular Summary:

Details Information
Event SEBI fines Jai Anmol Ambani and Krishnan Gopalakrishnan
Reason for Fine Failure to exercise due diligence in approving loans
Fine Amount on Jai Anmol Ambani Rs 1 crore
Fine Amount on Krishnan Gopalakrishnan Rs 15 lakh
Related Past Action Anil Ambani barred from securities market for five years (August 2023)
Loan in Question Rs 20 crore loan to Accura Productions Pvt Ltd
SEBI Rule Violated Listing Obligations and Disclosure Requirement (LODR) rules

 

Appointments – Daily Current Affairs September 24

2. Who was elected as the president of the National Rifle Association of India (NRAI)?
A) VK Dhall
B) Raninder Singh
C) Kalikesh Narayan Singh Deo
D) Pushkar Singh Dhami
E) J Venkatramu
Answer: C) Kalikesh Narayan Singh Deo

Event and Location:

  • Event: Kalikesh Narayan Singh Deo was elected as the National Rifle Association of India (NRAI) president.
  • Location: The election was held at the Constitution Club of India, Delhi.

Mandates and Objectives:

  • Term Duration: Kalikesh will serve as NRAI president until 2025, when the next general body election is scheduled.
  • Election Results:
    • Kalikesh Narayan Singh Deo defeated VK Dhall with a vote count of 36-21.
    • He has been handling the NRAI’s operations as the caretaker since the resignation of Raninder Singh in 2022.
  • Sports Ministry’s Directive:
    • As per the National Sports Code (NSC), the heads of national sports federations cannot hold office for more than 12 years.
    • Raninder Singh stepped down after serving for 12 years, from December 2010 to December 2022.

Important Terms Explained:

  • National Rifle Association of India (NRAI):
    • The governing body for shooting sports in India.
  • National Sports Code (NSC):
    • A regulation issued by the Sports Ministry to govern the functioning and tenure limits of national sports federations.

Static GK Information:

Titbits

National Rifle Association of India (NRAI):

  • Founded: 1951
  • Headquarters: New Delhi, India
  • President: Kalikesh Narayan Singh Deo

Tabular Summary:

Details Information
Event Kalikesh Narayan Singh Deo elected NRAI president
Location Constitution Club of India, Delhi
Election Date September 2023
Election Results Kalikesh defeated VK Dhall (36-21 votes)
Previous President Raninder Singh (served from 2010 to 2022)
Tenure of New President Till 2025
Reason for Resignation of Previous President National Sports Code limit on term length

3. Who has been appointed as the new chief of the National Crime Records Bureau (NCRB)?
A) Amit Garg
B) Alok Ranjan
C) Vivek Gogia
D) Praveen Kumar
E) Mahesh Dixit
Answer: B) Alok Ranjan

Event and Location:

  • Event: Appointment of Alok Ranjan as the Director of the National Crime Records Bureau (NCRB).
  • Location: New Delhi, India (NCRB Headquarters).

Mandates and Objectives:

  • Alok Ranjan’s Appointment:
    • A 1991-batch IPS officer of the Madhya Pradesh cadre, Alok Ranjan has been appointed as the Director of NCRB for a tenure lasting until his retirement on June 30, 2026.
    • He succeeds Vivek Gogia, his batchmate, who has been repatriated to the AGMUT cadre.
  • Amit Garg’s Appointment:
    • Amit Garg, a 1993-batch IPS officer from the Andhra Pradesh cadre, has been appointed as the Director of the Sardar Vallabhbhai Patel National Police Academy (SVPNPA) in Hyderabad. His term will last until October 31, 2027.
  • Other Appointments:
    • Rithwik Rudra, Mahesh Dixit, Praveen Kumar, and Arvind Kumar were appointed as Special Directors in the Intelligence Bureau (IB).
    • Praveer Ranjan has been appointed as Special Director General in the Central Industrial Security Force (CISF).

Important Terms Explained:

  • National Crime Records Bureau (NCRB):
    • An Indian agency that maintains and monitors crime data for assisting law enforcement agencies in policy and strategy formulation.
  • Sardar Vallabhbhai Patel National Police Academy (SVPNPA):
    • A premier training institution for Indian Police Service (IPS) officers, located in Hyderabad.

Static GK Information:

Titbits

National Crime Records Bureau (NCRB):

  • Founded: 1986
  • Headquarters: New Delhi, India
  • Director: Alok Ranjan

Sardar Vallabhbhai Patel National Police Academy (SVPNPA):

  • Founded: 1948
  • Headquarters: Hyderabad, Telangana
  • Director: Amit Garg

Tabular Summary:

Details Information
Event Alok Ranjan appointed as NCRB Director
Location of NCRB New Delhi, India
Previous NCRB Director Vivek Gogia
Alok Ranjan’s Tenure Till June 30, 2026
Amit Garg’s Appointment Director, Sardar Vallabhbhai Patel National Police Academy (SVPNPA), Hyderabad
SVPNPA Director’s Tenure Till October 31, 2027
Other Senior Appointments Special Directors in Intelligence Bureau and CISF

4. Who is heading the committee on Repairability Index in the Mobile and Electronics Sector?
A) Anupam Mishra
B) Bharat Khera
C) Pankaj Mohindroo
D) Alok Kumar Srivastava
E) Aditi Chaturvedi
Answer: B) Bharat Khera

Event and Location:

  • Event: The Department of Consumer Affairs (DoCA) has formed a committee to develop a Repairability Index for mobile and electronics products.
  • Location: The announcement was made in New Delhi.

Mandates and Objectives:

  • Objective of the Committee:
    • The Repairability Index is intended to provide consumers with essential information about how easily their electronic devices can be repaired, promoting transparency and sustainability in the tech industry.
    • The framework will standardize the evaluation of products based on repairability, helping consumers make informed purchasing decisions.
  • Committee Leadership:
    • The committee is led by Shri Bharat Khera, Additional Secretary of the Department of Consumer Affairs (DoCA).
  • Key Components of the Repair Ecosystem:
    • Comprehensive Repair Information: Access to repair manuals, diagnostics, and tools.
    • Accessible Spare Parts: Easily identifiable and timely availability of spare parts.
    • Affordable Tools: Inexpensive, widely available, and safe tools for consumers.
    • Modular Design: Components designed for independent access.
    • Economic Feasibility: Affordable cost of repairs for consumers.

Important Terms Explained:

  • Repairability Index:
    • A consumer-focused index that evaluates the ease of repairing a product, thus promoting a sustainable tech industry and ensuring access to repair information.
  • Sustainability in Electronics:
    • The idea of mindful consumption where consumers can repair, reuse, and extend the lifespan of their devices, reducing electronic waste.

Static GK Information:

Titbits

Department of Consumer Affairs (DoCA):

  • Founded: 1971
  • Headquarters: New Delhi, India
  • Key Role: Protecting consumer rights and promoting transparency.

Tabular Summary:

Details Information
Event Committee on Repairability Index in Mobile & Electronics Sector
Objective Develop a framework for Repairability Index to empower consumers
Committee Chairperson Bharat Khera (Additional Secretary, DoCA)
Key Components of the Index Comprehensive Repair Information, Accessible Spare Parts, Affordable Tools, Modular Design
Focus Areas Promoting sustainability, consumer rights, and informed choices
Deadline for Report Submission November 15, 2024

5. Who has been appointed as the CEO of Digital Green Trust in 2024?
A) Sanjay Borkar
B) Santosh Shinde
C) Nidhi Bhasin
D) Anupam Mishra
E) Pankaj Mohindroo
Answer: C) Nidhi Bhasin

Event and Location:

  • Event: Nidhi Bhasin has been appointed as the Chief Executive Officer (CEO) of Digital Green Trust.
  • Location: The announcement was made in Chennai, India.

Mandates and Objectives:

  • Digital Green Trust (DGT):
    • A non-profit organization that has been empowering small and marginal farmers in India for over 17 years.
    • It focuses on providing digital tools and knowledge to improve agricultural practices and livelihoods for farmers.
  • Nidhi Bhasin’s Role:
    • Nidhi Bhasin takes over as CEO to drive Digital Green’s mission forward.
    • She previously served as the CEO of NASSCOM Foundation, where she led various social impact initiatives.

Important Terms Explained:

  • NASSCOM Foundation:
    • The social development arm of NASSCOM, working to leverage technology for social good through various programs related to education, employment, and innovation.

Static GK Information:

Titbits

Digital Green Trust (DGT):

  • Founded: 2006
  • Focus Area: Empowering small and marginal farmers
  • Headquarters: New Delhi, India
  • CEO: Nidhi Bhasin

Tabular Summary:

Details Information
Event Nidhi Bhasin appointed CEO of Digital Green Trust
Location Chennai, India
Organization Digital Green Trust (DGT)
Previous Position of Nidhi Bhasin CEO of NASSCOM Foundation
Focus of Digital Green Trust Empowering small and marginal farmers

Awards – Daily Current Affairs September 24

6. Who was crowned Miss Universe India 2024?
A) Urvashi Rautela
B) Rhea Singha
C) Ahilyabai Holkar
D) Neha Dhupia
E) Manushi Chhillar
Answer: B) Rhea Singha

Event and Location:

  • Event: Rhea Singha was crowned Miss Universe India 2024.
  • Location: The grand finale took place in Jaipur, Rajasthan.

Mandates and Objectives:

  • Title Winner:
    • Rhea Singha, a 19-year-old model from Gujarat, was selected as Miss Universe India 2024, beating 51 other finalists.
  • Global Representation:
    • Rhea will represent India at the Miss Universe 2024 pageant, which will be held in Mexico in November 2024.
  • Journey to the Crown:
    • She started her modeling career at 16, winning Diva’s Miss Teen Gujarat 2020 and competing in Miss Teen Universe 2023 in Madrid, Spain, where she finished in the Top 62.
  • Other Accomplishments:
    • Besides modeling, Rhea is a TEDx speaker, actor, fitness enthusiast, and runs a youth upskilling program called “Work Ready with Rhea”.

Important Terms Explained:

  • Miss Universe India 2024:
    • A national beauty pageant where the winner represents India in the global Miss Universe pageant.
  • Work Ready with Rhea:
    • A personal initiative by Rhea Singha to help the youth develop essential skills for the job market.
  • Ahilyabai Holkar:
    • An Indian queen from the 18th century, known for her advocacy of women’s empowerment and good governance, whom Rhea admires.

Static GK Information:

Titbits

Mexico:

  • Capital: Mexico City
  • Currency: Mexican Peso
  • President: Andrés Manuel López Obrador

Tabular Summary:

Details Information
Event Rhea Singha crowned Miss Universe India 2024
Location of Finale Jaipur, Rajasthan
Age of Winner 19 years
Previous Titles Diva’s Miss Teen Gujarat 2020, Top 62 in Miss Teen Universe 2023
Global Pageant Miss Universe 2024 in Mexico
Initiative Work Ready with Rhea (youth upskilling program)
Historical Figure She Admires Ahilyabai Holkar (women’s empowerment advocate)

7. Which Agritech firm received the UAE Technology Excellence Award in 2024?
A) CropIn
B) Ninjacart
C) DeHaat
D) FarmERP
E) BigHaat
Answer: D) FarmERP

Event and Location:

  • Event: FarmERP was awarded the UAE Technology Excellence Award in the Agritech category.
  • Location: The award was presented in Dubai, UAE.

Mandates and Objectives:

  • FarmERP’s Contribution:
    • FarmERP, an Indian Agritech company, serves over 30 nations, including UAE, Saudi Arabia, and Egypt, through its FarmGyan platform, which integrates AI, ML, and blockchain technologies to streamline farm-to-fork operations and promote Climate Smart Agriculture.
  • Significance of the Award:
    • The UAE Technology Excellence Award recognizes technological advancements and innovations in various sectors, including Agritech, AI, cybersecurity, fintech, and healthcare.

Important Terms Explained:

  • AI (Artificial Intelligence):
    • Technology that enables machines to mimic human intelligence and perform tasks such as decision-making and pattern recognition.
  • ML (Machine Learning):
    • A subset of AI where machines are trained to learn from data and improve their performance without explicit programming.
  • Blockchain:
    • A decentralized digital ledger that provides transparency and security, used in various sectors, including agriculture, to track products from farm to fork.

Static GK Information:

Titbits

FarmERP:

  • Founded: 2001
  • Headquarters: Pune, Maharashtra, India
  • CEO: Sanjay Borkar
  • COO: Santosh Shinde

Tabular Summary:

Details Information
Event FarmERP wins UAE Technology Excellence Award
Award Category Agritech
Platform FarmGyan integrates AI, ML, and blockchain
Countries Served Over 30, including UAE, Saudi Arabia, and Egypt
Co-Founders Receiving Award Sanjay Borkar (CEO), Santosh Shinde (COO)
Headquarters Pune, Maharashtra, India

Science and Technology – Daily Current Affairs September 24

8. Where is India’s first CO2-to-methanol pilot plant located?
A) Mumbai
B) Delhi
C) Pune
D) Bengaluru
E) Hyderabad
Answer: C) Pune

Event and Location:

  • Event: India unveiled its first CO2-to-methanol pilot plant.
  • Location: The plant is located in Pune, Maharashtra.

Mandates and Objectives:

  • Objective:
    • Convert carbon dioxide (CO2) into methanol to support carbon capture and utilization (CCU) technologies in India.
  • Capacity:
    • The plant has a 1.4 tons per day capacity.
  • Public-Private Partnership (PPP):
    • A collaborative effort between Indian Institute of Technology (IIT) Delhi and Thermax, an engineering company based in Pune.
  • Funding:
    • The project is funded by the Department of Science and Technology (DST) with a budget of $3.7 million (₹31 crore).
  • Strategic Importance:
    • The plant supports India’s Panchamrit declaration and COP 26 commitments for reducing carbon emissions.
    • It is part of a broader mission by NITI Aayog to develop policies for carbon capture, utilization, and storage (CCUS) to decarbonize India’s industries, particularly the coal-based thermal power sector.

Important Terms Explained:

  • CO2-to-methanol conversion:
    • A technology to convert captured carbon dioxide into methanol, a cleaner-burning fuel.
  • Panchamrit Declaration:
    • Announced by Prime Minister Narendra Modi during COP 26, it outlines India’s commitments to combat climate change.
  • Public-Private Partnership (PPP):
    • A collaborative model where the government partners with private companies for large-scale projects.
  • National Mission on Carbon Capture, Utilization, and Storage (CCUS):
    • An initiative led by NITI Aayog to advance carbon capture technology and reduce industrial emissions.

Static GK Information:

Titbits

Maharashtra:

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

Tabular Summary:

Details Information
Event India unveils first CO2-to-methanol pilot plant
Location Pune, Maharashtra
Plant Capacity 1.4 tons per day
Public-Private Partnership IIT Delhi and Thermax
Funding ₹31 crore ($3.7 million) by DST
Strategic Initiative Part of Panchamrit declaration and COP 26 commitments
Potential Impact Decarbonization of India’s coal-based thermal power sector

9. India’s first national security semiconductor fabrication plant is being developed in collaboration with which country?
A) China
B) Japan
C) United States
D) Germany
E) South Korea
Answer: C) United States

Event and Location:

  • Event: India will get its first-ever national security semiconductor fabrication plant.
  • Location: The announcement was made following discussions between Prime Minister Narendra Modi and US President Joe Biden in Wilmington.

Mandates and Objectives:

  • Objective:
    • The plant will produce semiconductors for use in military hardware and critical telecommunication networks and electronics for both India and the US.
  • India-US Collaboration:
    • This semiconductor plant is part of a larger India-US joint project aimed at strengthening ties in defense and technology sectors.
  • Strategic Importance:
    • The collaboration is seen as a “watershed arrangement” in the semiconductor industry and national security infrastructure.
    • It will enhance self-reliance in critical technology and bolster India’s defense capabilities.

Important Terms Explained:

  • Semiconductor Fabrication Plant:
    • A facility where semiconductors (microchips) are manufactured for use in various technologies, including military equipment and telecommunication systems.
  • National Security Semiconductor Fabrication:
    • Specialized semiconductor manufacturing focused on critical applications related to national defense and security.
  • India-US Semiconductor Collaboration:
    • A joint initiative between India and the US to boost semiconductor production capabilities, enhancing technological security and supply chain resilience.

Static GK Information:

Titbits

United States:

  • Capital: Washington, D.C.
  • Currency: US Dollar
  • President: Joe Biden

Tabular Summary:

Details Information
Event India to get first national security semiconductor fabrication plant
Location of Announcement Wilmington, USA
India-US Collaboration Joint project between India and the US
Primary Use of Chips Military hardware, telecommunications, and electronics
Strategic Importance Aimed at enhancing national security and defense infrastructure
Announcement by Narendra Modi and Joe Biden

Defence – Daily Current Affairs September 24

10. Who inaugurated the 41st Indian Coast Guard Commanders’ Conference in New Delhi?
A) Narendra Modi
B) Giridhar Aramane
C) Rajnath Singh
D) Sanjeev Kumar
E) Nitin Gadkari
Answer: C) Rajnath Singh

Event and Location:

  • Event: Raksha Mantri (Defence Minister) Rajnath Singh inaugurated the 41st Indian Coast Guard (ICG) Commanders’ Conference.
  • Location: The event was held in New Delhi.

Mandates and Objectives:

  • Purpose of the Conference:
    • The conference serves as a platform for ICG Commanders to discuss strategic, operational, and administrative matters amidst evolving geopolitical landscapes and maritime security threats.
  • Modernization Focus:
    • Rajnath Singh stressed the importance of transitioning the ICG from a human-oriented to a technology-oriented force to handle conventional and emerging maritime threats.
    • The ICG has been urged to adopt technologies such as Artificial Intelligence, Quantum Technology, and drones to bolster security.
  • Aatmanirbharta (Self-reliance):
    • 31 ICG ships, worth over Rs 4,000 crore, are currently being built by Indian shipyards as part of the Aatmanirbhar Bharat initiative.
    • The Defence Acquisition Council has approved various acquisitions, including Multi-Mission Maritime Aircraft, Interceptor Boats, and Next Generation Fast Patrol Vessels.

Important Terms Explained:

  • Indian Coast Guard (ICG):
    • The ICG is responsible for securing India’s maritime interests, monitoring the Exclusive Economic Zone (EEZ), and preventing illegal activities along the coastline.
  • Aatmanirbhar Bharat:
    • A vision of self-reliance initiated by the Indian government to strengthen indigenous manufacturing in various sectors, including defence.

Static GK Information:

Titbits

Indian Coast Guard (ICG):

  • Founded: 1978
  • Headquarters: New Delhi, India
  • Director General: Currently vacant (previously Rakesh Pal)

Tabular Summary:

Details Information
Event 41st Indian Coast Guard Commanders’ Conference
Inaugurated By Raksha Mantri Rajnath Singh
Location New Delhi, India
Focus of Conference Maritime security, technology adoption, and modernization
Aatmanirbhar Bharat Projects 31 ICG ships being built by Indian shipyards worth over Rs 4,000 crore
Technologies Mentioned Artificial Intelligence, Quantum Technology, Drones
Key Personnel Present Defence Secretary Giridhar Aramane, Secretary (Defence Production) Sanjeev Kumar

11. Which company is setting up an MRO facility in Noida to support the Indian Air Force’s French-origin aircraft?
A) Boeing
B) Airbus
C) Lockheed Martin
D) Dassault Aviation
E) Saab
Answer: D) Dassault Aviation

Event and Location:

  • Event: Dassault Aviation is establishing an MRO (Maintenance, Repair, and Overhaul) facility in Noida, Uttar Pradesh.
  • Location: The facility will be located in Noida, supporting the Indian Air Force’s (IAF) French-origin aircraft.

Mandates and Objectives:

  • Purpose of the MRO Facility:
    • The MRO facility will help in cutting down imports and enhance Aatmanirbharta (self-reliance) in the defence sector by providing local support for the maintenance and repair of French-origin fighter jets operated by the Indian Air Force (IAF).
  • French-origin Aircraft in IAF:
    • The Indian Air Force operates a sizeable number of French-origin fighter jets, including the Dassault Rafale and other aircraft in its fleet.

Important Terms Explained:

  • MRO (Maintenance, Repair, and Overhaul):
    • Refers to the activities required to maintain aircraft and ensure they are safe and efficient to operate.
  • Aatmanirbharta:
    • A term popularized by the Indian government, meaning self-reliance, particularly in defence and manufacturing sectors.

Static GK Information:

Titbits

Dassault Aviation:

  • Founded: 1929
  • Headquarters: Paris, France
  • CEO: Eric Trappier
  • Notable Aircraft: Dassault Rafale, Mirage 2000

Tabular Summary:

Details Information
Event Dassault Aviation to set up MRO facility in Noida
Location of MRO Facility Noida, Uttar Pradesh
Purpose Support IAF’s French-origin fighter jets
Boost to Aatmanirbharta Reducing imports, promoting local defence capability
Aircraft Supported Dassault Rafale, Mirage 2000, and other French-origin aircraft

International Affairs – Daily Current Affairs September 24

12. Who will inaugurate the 16th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI) in 2024?
A) Girish Chandra Murmu
B) Narendra Modi
C) Manohar Lal
D) Droupadi Murmu
E) Rajnath Singh
Answer: D) Droupadi Murmu

Event and Location:

  • Event: The 16th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI) will be inaugurated.
  • Location: New Delhi, India.

Mandates and Objectives:

  • Inauguration:
    • The President of India, Droupadi Murmu, will inaugurate the event on September 24, 2024.
  • ASOSAI Chair:
    • Girish Chandra Murmu, Comptroller and Auditor General (CAG) of India, will assume the chair of ASOSAI for the term 2024-2027.
  • Focus Areas:
    • The conference will emphasize the evolving role of Supreme Audit Institutions (SAIs) in transparency, accountability, and good governance.
    • There will be a one-day symposium on Digital Public Infrastructure and Gender Divide Issues to explore critical issues at the intersection of technology, governance, and social inclusion.

Important Terms Explained:

  • Asian Organisation of Supreme Audit Institutions (ASOSAI):
    • Established in 1979, ASOSAI promotes collaboration and knowledge exchange among Supreme Audit Institutions in Asia.
  • Supreme Audit Institutions (SAIs):
    • Public bodies responsible for auditing government operations to ensure accountability and transparency in governance.
  • Comptroller and Auditor General (CAG):
    • The CAG is a constitutional authority in India responsible for auditing all receipts and expenditures of the government and ensuring financial accountability.

Static GK Information:

Titbits

Asian Organisation of Supreme Audit Institutions (ASOSAI):

  • Founded: 1979
  • Members: 48 Supreme Audit Institutions (SAIs)
  • Headquarters: South Korea
  • Chair (2024-2027): Girish Chandra Murmu (CAG of India)

India:

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

Tabular Summary:

Details Information
Event 16th Assembly of ASOSAI
Location New Delhi, India
Inauguration By President Droupadi Murmu
Chair (2024-2027) Girish Chandra Murmu (CAG of India)
Symposium Topic Digital Public Infrastructure and Gender Divide Issues
Participants Over 200 delegates from 42 countries
Founded Year 1979
Members 48 Supreme Audit Institutions (SAIs)

13. Which Pillars of the Indo-Pacific Economic Framework for Prosperity (IPEF) were discussed in the third Ministerial meeting attended by India’s Commerce Minister Piyush Goyal?
A) Pillar I and Pillar II
B) Pillar II, Pillar III, and Pillar IV
C) Pillar I, Pillar III, and Pillar IV
D) Pillar I and Pillar IV
E) Pillar I, Pillar II, and Pillar III
Answer: B) Pillar II, Pillar III, and Pillar IV

Event and Location:

  • Event: India, represented by Union Commerce and Industry Minister Piyush Goyal, participated in the third Ministerial meeting of the Indo-Pacific Economic Framework for Prosperity (IPEF), which focused on Pillar II (Supply Chain Resilience), Pillar III (Clean Economy), and Pillar IV (Fair Economy).
  • Location: The meeting was held virtually.

Mandates and Objectives:

  • IPEF Agreements:
    • The Clean Economy Agreement, Fair Economy Agreement, and IPEF Overarching Agreement will come into force in October 2024, marking a significant step in advancing regional cooperation and economic collaboration.
  • Key Discussions:
    • Pillar II – Supply Chain Resilience: Focused on improving supply chain competitiveness, addressing supply chain disruptions, and promoting labor rights.
      • India was elected as Vice Chair of the Supply Chain Council under Pillar II.
    • Pillar III – Clean Economy: Aimed at supporting energy security, green transitions, and cooperation on clean energy technologies like hydrogen and small modular reactors (SMRs).
    • Pillar IV – Fair Economy: Focused on strengthening anti-corruption efforts, improving tax administration, and promoting transparency.

Important Terms Explained:

  • Indo-Pacific Economic Framework for Prosperity (IPEF):
    • A regional economic cooperation initiative launched in May 2022, focusing on economic stability, supply chain resilience, and sustainability in the Indo-Pacific region.
    • Structured around four pillars: Trade (Pillar I), Supply Chain Resilience (Pillar II), Clean Economy (Pillar III), and Fair Economy (Pillar IV).

Static GK Information:

Titbits

Indo-Pacific Economic Framework for Prosperity (IPEF):

  • Founded: May 2022
  • Member Countries: 14 (including India, the USA, Japan, and Australia)
  • Focus Areas: Trade, Supply Chain Resilience, Clean Economy, and Fair Economy

Tabular Summary:

Details Information
Event India attends IPEF third Ministerial Meeting
Attended by Union Minister Piyush Goyal
Pillars Discussed Pillar II (Supply Chain), Pillar III (Clean Economy), Pillar IV (Fair Economy)
Agreements Coming into Force Clean Economy, Fair Economy, IPEF Overarching Agreement in October 2024
India’s Role in Supply Chain Council Vice Chair
Launch Date of IPEF May 23, 2022

National Affairs – Daily Current Affairs September 24

14. Which village in Chamoli district has been chosen for the Pradhan Mantri Janjatiya Unnat Gram Abhiyan?
A) Niti
B) Joshimath
C) Mana
D) Tapovan
E) Gairsain
Answer: C) Mana

Event and Location:

  • Event: Mana village has been selected for the Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PMJUGA).
  • Location: Mana village, in the Joshimath block of Chamoli district, Uttarakhand.

Mandates and Objectives:

  • Objective:
    • Enhance socio-economic conditions of tribal communities through better infrastructure, healthcare, education, and livelihood opportunities.
  • Coverage:
    • Affects over 63,000 villages across 549 districts in 30 states and union territories.
    • Benefits more than 5 crore tribal people across India.
  • Funding:
    • Total budget: Rs 79,156 crore.
    • Central Government contribution: Rs 56,333 crore; State Government contribution: Rs 22,823 crore.
  • Implementation:
    • Managed through 17 ministries, with a focus on Scheduled Tribes (ST) under the Development Action Plan for Scheduled Tribes (DAPST).
    • Progress monitored via the PM Gati Shakti Portal.

Important Terms Explained:

  • Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PMJUGA):
    • A comprehensive program for tribal development aiming to uplift tribal-majority areas.
  • Development Action Plan for Scheduled Tribes (DAPST):
    • A multi-scheme approach by the government to address tribal communities’ needs.
  • Scheduled Tribes (ST):
    • Recognized tribal communities in India, constituting over 10.45 crore people (as per 2011 Census).

Static GK Information:

Titbits

Uttarakhand:

  • Capital: Dehradun
  • CM: Pushkar Singh Dhami
  • Governor: Gurmit Singh

Tabular Summary:

Details Information
Event Mana village chosen for PMJUGA
Location Mana Village, Chamoli district, Uttarakhand
Program Name Pradhan Mantri Janjatiya Unnat Gram Abhiyan
Date of Approval September 18, 2023
Funding Rs 79,156 crore (Central: Rs 56,333 crore, State: Rs 22,823 crore)
Target Population 5 crore tribal people (Scheduled Tribes)
Coverage 63,000 villages across 549 districts, 30 states and union territories
Monitoring Mechanism PM Gati Shakti Portal

15. What is the primary goal of CSIRT-Power, recently unveiled in New Delhi?
A) Promote renewable energy
B) Defend India’s power sector against cyber threats
C) Build new power plants
D) Develop electric vehicles
E) Increase electricity tariffs
Answer: B) Defend India’s power sector against cyber threats

Event and Location:

  • Event: The Computer Security Incident Response Team – Power (CSIRT-Power) was inaugurated to protect India’s power sector from cyber threats.
  • Location: The inauguration took place at the Northern Regional Power Committee in New Delhi.

Mandates and Objectives:

  • Objective:
    • CSIRT-Power aims to fortify the power sector against increasing cyber threats as part of the sector’s digital transformation.
  • Role:
    • The center will act as a nucleus for cybersecurity in the power sector, coordinating incident responses, enhancing cybersecurity resilience, and promoting best practices.
  • Importance:
    • The establishment of CSIRT-Power comes at a time when the attack surface has expanded due to the growing digitalization of the power sector, making it more vulnerable to cyberattacks.
  • National Cyber Security Policy 2013:
    • This initiative aligns with India’s National Cyber Security Policy and the Ministry of Power’s 100-day action plan in collaboration with CERT-In (Computer Emergency Response Team India).

Important Terms Explained:

  • CSIRT-Power:
    • A specialized Computer Security Incident Response Team for India’s power sector, focusing on cyber threat prevention, detection, and response.
  • CERT-In:
    • Computer Emergency Response Team India, responsible for improving India’s cybersecurity posture.
  • National Cyber Security Policy 2013:
    • A comprehensive policy that outlines the framework to protect India’s cyberspace and secure the nation’s critical infrastructure.

Static GK Information:

Titbits

Ministry of Power:

  • Headquarters: Shram Shakti Bhawan, New Delhi
  • Minister: R. K. Singh

Tabular Summary:

Details Information
Event Inauguration of CSIRT-Power to defend the power sector against cyber threats
Location Northern Regional Power Committee, New Delhi
Purpose Strengthen cybersecurity in the power sector
Inaugurated by Union Minister Manohar Lal
Alignment with Policy National Cyber Security Policy 2013
Initiative by Ministry of Power in collaboration with CERT-In
Significance Enhancing cybersecurity resilience in power infrastructure

16. Why was the FCRA licence of the International Cooperative Alliance (ICA) cancelled?
A) Violation of tax laws
B) Lack of government funding
C) Alleged violation of FCRA rules
D) Failure to conduct elections
E) Organizing a global conference without permission
Answer: C) Alleged violation of FCRA rules

Event and Location:

  • Event: The Foreign Contribution Registration Act (FCRA) licence of the International Cooperative Alliance (ICA) was cancelled by the Union Home Ministry.
  • Location: The cancellation was related to ICA’s New Delhi chapter.

Mandates and Objectives:

  • Reason for Licence Cancellation:
    • The cancellation occurred due to alleged violations of FCRA rules, though the exact nature of the violation was not disclosed.
  • About ICA:
    • Founded in 1895, the International Cooperative Alliance is the apex body representing cooperatives worldwide, with over 1 billion members.
    • ICA provides expertise and coordinated action in the cooperative sector and is one of the oldest non-governmental organizations globally.
  • Impact of Cancellation:
    • Under FCRA rules, an organization whose registration has been cancelled cannot receive or use foreign contributions until the certificate is renewed.

Important Terms Explained:

  • Foreign Contribution Regulation Act (FCRA):
    • An Indian law that regulates the acceptance and utilization of foreign contributions by individuals, associations, and companies to ensure that such contributions do not affect the national security or interest of the nation.
  • International Cooperative Alliance (ICA):
    • An international organization that represents cooperatives globally, promoting the role of cooperatives in achieving collective and sustainable development.

Static GK Information:

Titbits

International Cooperative Alliance (ICA):

  • Founded: 1895
  • Headquarters: Brussels, Belgium
  • President: Ariel Guarco

Tabular Summary:

Details Information
Event FCRA licence of International Cooperative Alliance (ICA) cancelled
Location of ICA Office New Delhi Chapter
Reason for Cancellation Alleged violation of FCRA rules
Impact of Cancellation ICA cannot receive or utilize foreign contributions until renewal
ICA Founded Year 1895
FCRA Rules Regulates foreign contributions to protect national interest

17. Who launched the Tobacco Free Youth Campaign 2.0 in 2024?
A) Narendra Modi
B) Prataprao Jadhav
C) Mansukh Mandaviya
D) Apurva Chandra
E) Roderico Ofrin
Answer: B) Prataprao Jadhav

Event and Location:

  • Event: Union Minister of State for Health and Family Welfare, Shri Prataprao Jadhav, launched the Tobacco Free Youth Campaign 2.0.
  • Location: The event took place at Lady Hardinge Medical College, New Delhi, and was attended by over 500 participants.

Mandates and Objectives:

  • Objective:
    • The campaign aims to protect the health and well-being of India’s youth by raising awareness of the harmful effects of tobacco use.
    • It focuses on increasing public awareness, ensuring compliance with Tobacco-Free Educational Institutions (ToFEI) guidelines, and promoting tobacco-free villages.
  • Key Focus Areas:
    • Increasing public awareness about the dangers of tobacco, especially among youth.
    • Promoting Tobacco-Free Educational Institutions (ToFEI) to prevent tobacco use in schools and colleges.
    • Strengthening enforcement of tobacco control laws such as COTPA 2003 and PECA 2019.
    • Establishing Tobacco-Free Villages to create healthier environments.
    • Boosting social media outreach to spread anti-tobacco messages.

Important Terms Explained:

  • COTPA (Cigarettes and Other Tobacco Products Act), 2003:
    • A law that regulates the sale and consumption of tobacco products in India to protect public health.
  • PECA (Prohibition of Electronic Cigarettes Act), 2019:
    • A law that prohibits the production, sale, and distribution of electronic cigarettes in India.
  • Tobacco-Free Educational Institutions (ToFEI):
    • Educational institutions that have implemented policies to ensure they are tobacco-free environments.

Static GK Information:

Titbits

Ministry of Health and Family Welfare (MoHFW):

  • Founded: 1947
  • Headquarters: New Delhi, India
  • Union Minister of State for Health: Prataprao Jadhav

Tabular Summary:

Details Information
Event Launch of Tobacco Free Youth Campaign 2.0
Launched By Prataprao Jadhav, Union MoS for Health
Location of Launch Lady Hardinge Medical College, New Delhi
Objective Raise awareness about the dangers of tobacco use among youth
Focus Areas Tobacco-Free Educational Institutions, Public Awareness, Strengthening Tobacco Control Laws
Key Laws Enforced COTPA 2003, PECA 2019
Campaign Duration 60 days

18. What was the theme of the Goa Maritime Symposium 2024?
A) Security and Prosperity in the Indian Ocean
B) Enhancing Naval Capabilities in IOR
C) Common Maritime Security Challenges in the IOR
D) Strengthening Bilateral Naval Relations
E) Combating Global Maritime Threats
Answer: C) Common Maritime Security Challenges in the IOR

Event and Location:

  • Event: The fifth edition of the Goa Maritime Symposium (GMS) 2024 was hosted by the Indian Navy.
  • Location: Held at the Naval War College, Goa, in the newly inaugurated Chola building.

Mandates and Objectives:

  • Theme of GMS 2024:
    • The theme for this year’s symposium was “Common Maritime Security Challenges in the IOR – Progressing Lines of Effort to Mitigate Dynamic Threats such as IUU Fishing and Other Illegal Maritime Activities”.
    • The theme is aligned with SAGAR (Security and Growth for All in the Region), a vision outlined by Prime Minister Narendra Modi to promote security and prosperity in the Indian Ocean Region (IOR).
  • Participating Nations:
    • Delegations from Bangladesh, Indonesia, Madagascar, Malaysia, Maldives, Mauritius, Myanmar, Seychelles, Singapore, Sri Lanka, Thailand, Kenya, and Tanzania participated.
  • Focus Areas:
    • The symposium focused on non-traditional maritime threats such as illegal, unreported, and unregulated (IUU) fishing and other illegal maritime activities in the IOR.
    • Discussions revolved around information-sharing mechanisms and regional cooperation to mitigate these emerging threats.

Important Terms Explained:

  • Indian Ocean Region (IOR):
    • A critical region for global maritime trade and security, spanning the Indian Ocean and its coastal nations.
  • SAGAR:
    • A policy framework introduced by India to ensure security and prosperity for all nations in the Indian Ocean Region.

Static GK Information:

Titbits

Indian Navy:

  • Founded: 1612
  • Headquarters: New Delhi, India
  • Chief of the Naval Staff (CNS): Admiral R. Hari Kumar

Tabular Summary:

Details Information
Event Goa Maritime Symposium 2024
Location Naval War College, Goa
Theme Common Maritime Security Challenges in the IOR
Participating Countries 13 countries including Bangladesh, Maldives, Sri Lanka, and Singapore
Focus Mitigating non-traditional threats like IUU fishing and illegal maritime activities
SAGAR Vision Security and Growth for All in the Region
Next Event Goa Maritime Conclave 2025


Over All Review

Business And Economy

  • SEBI fines Jai Anmol Ambani Rs 1 crore for failure to exercise due diligence in Reliance Home Finance loans.

Appointments

  • Kalikesh Narayan Singh Deo elected NRAI president, will serve until 2025.
  • Alok Ranjan appointed as the new Director of NCRB; Amit Garg to lead SVPNPA.
  • Bharat Khera leads the committee to formulate the Repairability Index in the mobile and electronics sector, promoting sustainability.
  • Nidhi Bhasin appointed as the new CEO of Digital Green Trust, empowering small farmers with digital tools.

Awards 

  • Rhea Singha crowned Miss Universe India 2024, set to compete globally in Mexico.
  • FarmERP wins the UAE Technology Excellence Award in the Agritech category, recognizing its innovative use of AI, ML, and blockchain.

Science and Technology

  • India’s first CO2-to-methanol pilot plant launched in Pune, under a public-private partnership.
  • India to establish first national security semiconductor plant in collaboration with the United States.

Defence

  • Rajnath Singh inaugurated the 41st Indian Coast Guard Commanders’ Conference, emphasizing technology adoption in maritime security.
  • Dassault Aviation to establish an MRO facility in Noida to maintain IAF’s French-origin aircraft, boosting Aatmanirbharta.

International Affairs

  • President Droupadi Murmu inaugurated the 16th ASOSAI Assembly in New Delhi, with over 200 delegates attending.
  • India, along with other nations, discussed Pillar II, III, and IV during the IPEF Ministerial meeting focused on supply chains, clean economy, and anti-corruption efforts.

National Affairs

  • Mana village selected for Pradhan Mantri Janjatiya Unnat Gram Abhiyan aimed at tribal development.
  • CSIRT-Power launched to defend India’s power sector against cyber threats and enhance resilience.
  • ICA’s FCRA licence cancelled due to alleged violations of foreign contribution regulations in India.
  • Prataprao Jadhav launched Tobacco Free Youth Campaign 2.0 to combat tobacco use among India’s youth.
  • Goa Maritime Symposium 2024 discussed IOR security challenges, focusing on IUU fishing and illegal maritime activities.

DOWNLOAD TODAY’S CURRENT AFFAIRS PDF – CLICK HERE

You Must Also Read Daily Current Affairs September 23

Our Products

  • Current Affairs Package ( 1 Year Validity ) – Click Here

  • All in One – 1 Year Subscription – Click Here

  • Banking Awareness Video Course – Click Here

  • Insurance Awareness Video Course – Click Here