Daily Current Affairs September 26

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September 26 | Daily Current Affairs 2024

Important Days – Daily Current Affairs September 26

1. What is the theme for World Maritime Day 2024?
A) “MARPOL at 50 – Our commitment goes on”
B) “New technologies for greener shipping”
C) “Navigating the future: safety first”
D) “Sustainable shipping for a sustainable planet”
E) “International maritime cooperation for safety”
Answer: C) “Navigating the future: safety first”

Event and Location:

  • Event: World Maritime Day 2024
  • Date: September 26, 2024
  • Location: Celebrated globally, with key events in IMO Headquarters in London and a Parallel Event in Spain from October 20 to October 22.

Mandates and Objectives:

  • Theme:
    • The theme for World Maritime Day 2024 is “Navigating the future: safety first”, focusing on the importance of safety amid rapid changes in the maritime industry. This theme highlights new challenges, such as handling green fuels, autonomous ships, and cybersecurity in a digital world.
  • 50th Anniversary of SOLAS:
    • 2024 marks the 50th anniversary of the International Convention for the Safety of Life at Sea (SOLAS), a landmark treaty that sets international standards for the safety of merchant ships.
    • SOLAS was first established in 1914 following the RMS Titanic disaster but has evolved significantly since then. The current version of SOLAS was adopted on November 1, 1974, and has been continuously updated to enhance maritime safety regulations.
  • Key Messages:
    • IMO Secretary-General Arsenio Dominguez emphasized the role of SOLAS in shaping international safety standards but also noted the need for continued evolution to keep pace with emerging technologies and global challenges.
    • United Nations Secretary-General Antonio Guterres called for collective efforts to address the challenges posed by digitalization, automation, and the decarbonization of shipping, underlining the role of new technologies in climate action.
  • Celebrations and Events:
    • The WMO-IMO symposium on extreme maritime weather was held from September 23-26, 2024, at IMO Headquarters in London.
    • The World Maritime Day Parallel Event will take place in Spain from October 20-22, 2024, focusing on key maritime industry topics.

Important Terms Explained:

  • SOLAS (International Convention for the Safety of Life at Sea):
    • A key treaty focused on ensuring the safety of ships, covering areas such as life-saving appliances, distress communications, and dangerous goods carriage.
  • MARPOL (International Convention for the Prevention of Pollution from Ships):
    • Another critical IMO treaty, which focuses on preventing pollution of the marine environment from operational and accidental causes.

Static GK Information:

Titbits

International Maritime Organization (IMO):

  • Founded: 1948
  • Headquarters: London, United Kingdom
  • Secretary-General: Arsenio Dominguez

Tabular Summary:

Key Detail Information
Event World Maritime Day 2024
Date September 26, 2024
Theme “Navigating the future: safety first”
Key Focus Maritime safety in the context of rapid technological and environmental changes
50th Anniversary Celebration International Convention for the Safety of Life at Sea (SOLAS)
Parallel Event Location Spain (October 20-22, 2024)
Secretary-General of IMO Arsenio Dominguez

2. What is the primary objective of the International Day for the Total Elimination of Nuclear Weapons?
A) Promote nuclear energy
B) Raise awareness about the threat of nuclear weapons and call for their elimination
C) Celebrate nuclear advancements
D) Develop new nuclear weapons technology
E) Recognize achievements in nuclear energy research
Answer: B) Raise awareness about the threat of nuclear weapons and call for their elimination

Event and Location:

  • Event: International Day for the Total Elimination of Nuclear Weapons (IDTENW)
  • Date: September 26
  • Location: Globally observed under the auspices of the United Nations General Assembly (UNGA)

Mandates and Objectives:

  • Objective of IDTENW:
    • The day is aimed at enhancing public awareness about the dangers posed by nuclear weapons and calls for their total elimination.
    • Established by UNGA Resolution 68/32 in 2013, the day also emphasizes the need for progress on a nuclear weapons convention, a global treaty for the prohibition and elimination of nuclear weapons under international control.
  • Relation to Global Peace:
    • The elimination of nuclear weapons is essential to achieving global peace and security, which are key aspirations shared across nations. It also plays a role in supporting the Sustainable Development Goals (SDGs), particularly:
      • Goal 16: Promote peaceful, just, and inclusive societies
      • Goal 13: Take urgent action to combat climate change
  • Call to Action:
    • The day serves as a platform to stress the grave consequences of nuclear weapons and to advocate for nuclear disarmament.
    • It highlights the critical need to prevent nuclear proliferation, as nuclear weapons pose significant risks to humanity and the environment.

Important Terms Explained:

  • UNGA Resolution 68/32:
    • A 2013 United Nations General Assembly resolution that established September 26 as the International Day for the Total Elimination of Nuclear Weapons and called for the elimination of nuclear weapons through a comprehensive international treaty.
  • Nuclear Disarmament:
    • The process of reducing and eventually eliminating a country’s nuclear weapons stockpiles, often through treaties and international agreements.

Static GK Information:

Titbits

United Nations General Assembly (UNGA):

  • Founded: 1945
  • Headquarters: New York, USA
  • Current President (as of 2024): Dennis Francis

Sustainable Development Goals (SDGs):

  • Adopted by: United Nations in 2015
  • Total Goals: 17
  • Key Goals Mentioned:
    • Goal 16: Peace, Justice, and Strong Institutions
    • Goal 13: Climate Action

Tabular Summary:

Key Detail Information
Event International Day for the Total Elimination of Nuclear Weapons
Date September 26
Established By United Nations General Assembly (UNGA)
Objective Raise awareness about the threat of nuclear weapons and call for their elimination
Key Resolution UNGA Resolution 68/32 (2013)
Relation to SDGs Supports Goal 16 (Peace) and Goal 13 (Climate Action)
Call to Action Prevent nuclear proliferation and promote nuclear disarmament

Ranking – Daily Current Affairs September 26

3. Which country ranks first in the World Talent Ranking 2024 by IMD?
A) Singapore
B) Switzerland
C) Denmark
D) Luxembourg
E) Sweden
Answer: B) Switzerland

Event and Location:

  • Event: Release of IMD’s World Talent Ranking 2024
  • Location: Global ranking, assessing talent competitiveness across countries
  • Date: 2024

Mandates and Objectives:

  • World Talent Ranking Overview:
    • The IMD World Talent Ranking 2024 evaluates nations on their ability to develop, retain, and attract highly qualified talent—both domestic and international.
    • The ranking is based on factors like investment in education, quality of life, wage standards, foreign personnel attraction, and overall appeal for skilled talent.
  • Top Ten Countries in World Talent Ranking 2024:
    1. Switzerland – Talent Score: 100
    2. Singapore – Talent Score: 85.65
    3. Luxembourg – Talent Score: 81.69
    4. Sweden – Talent Score: 81.02
    5. Denmark – Talent Score: 78.49
    6. Iceland – Talent Score: 77.94
    7. Norway – Talent Score: 77.92
    8. Netherlands – Talent Score: 77.88
    9. Hong Kong SAR – Talent Score: 77.22
    10. Austria – Talent Score: 77.17
  • India’s Position:
    • India dropped to 58th position globally, with a talent score of 40.47, declining from 56th in 2023 and 52nd in 2022.
    • Reasons for India’s Decline:
      • ReadinessScore: Dropped from 18th (2022) to 25th (2024)
      • Investment and Development Score: Dropped from 61st (2022) to 66th (2024)
      • This reflects a need for improvement in India’s investment climate and talent development strategies.
  • United States’ Performance:
    • The US fell six spots to 21st due to rising costs of living and personal income tax rates, which affected its appeal.

Important Terms Explained:

  • World Talent Ranking (WTR):
    • An annual ranking by IMD that evaluates countries based on their ability to develop, attract, and retain talent, with a focus on investment, development, and appeal.
  • Talent Score:
    • A score reflecting a country’s talent competitiveness, based on factors like education, wage standards, and the attraction of skilled workers.

Static GK Information:

Titbits

Switzerland:

  • Capital: Bern
  • Currency: Swiss Franc
  • President: Alain Berset

India:

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

Tabular Summary:

Key Detail Information
Event World Talent Ranking 2024
Date September 2024
Top Country Switzerland
Top 3 Countries Switzerland, Singapore, Luxembourg
India’s Rank 58th
India’s Talent Score 40.47
Key Performance Areas for India Decline in readiness, investment, and development metrics

Banking and Finance – Daily Current Affairs September 26

4. What is the primary benefit of the new Instant SIP feature introduced by HDFC Bank in its SmartWealth app?
A) Provides better interest rates on savings accounts
B) Allows investment in mutual funds on the same day
C) Helps users open new bank accounts
D) Provides financial advice for free
E) Enables real-time stock trading
Answer: B) Allows investment in mutual funds on the same day

Event and Location:

  • Event: HDFC Bank launches Instant SIP through the SmartWealth app
  • Location: Mumbai, India
  • Date: September 26, 2024

Mandates and Objectives:

  • Objective of Instant SIP:
    • The newly launched Instant SIP (Systematic Investment Plan) allows users to invest in mutual funds on the same day they identify an opportunity, providing agility in response to market conditions.
    • It helps users capitalize on favourable market conditions without delays, ensuring they maximize the value of their investments.
  • Unified Dashboard:
    • The app now features a revamped Unified Dashboard for a consolidated view of investments across mutual funds, demat accounts, and fixed deposits, simplifying overall investment management.
  • Streamlined Deposits:
    • Enhanced deposit booking feature for users to select bank branches effortlessly and view interest rates upfront for informed decision-making.

Important Terms Explained:

  • Instant SIP:
    • A feature that allows investors to immediately start investing in mutual funds without waiting periods, ensuring quick action in response to market changes.
  • Unified Dashboard:
    • A feature in the SmartWealth app providing a consolidated view of a user’s investments, simplifying tracking and management of diverse financial assets.

Static GK Information:

Titbits

HDFC Bank:

  • Founded: 1994
  • Headquarters: Mumbai, Maharashtra
  • CEO: Sashidhar Jagdishan
  • Tagline: We Understand Your World

Tabular Summary:

Key Detail Information
Event HDFC Bank launches Instant SIP via SmartWealth app
Date September 26, 2024
Primary Feature Instant SIP allows same-day investment in mutual funds
Additional Features Unified Dashboard, Streamlined Deposits
Significance Simplifies investments and allows quicker responses to market opportunities

5. What type of card has Bank of Baroda launched in collaboration with EaseMyTrip?
A) Credit Card
B) Co-branded Travel Debit Card
C) Loyalty Card
D) Prepaid Travel Card
E) Shopping Card
Answer: B) Co-branded Travel Debit Card

Event and Location:

  • Event: Launch of Bank of Baroda EaseMyTrip Co-branded Travel Debit Card
  • Location: India
  • Date: September 2024.

Mandates and Objectives:

  • Objective:
    • Bank of Baroda, in partnership with EaseMyTrip, launched its first co-branded travel debit card aimed at frequent travelers, entertainment lovers, and shopping enthusiasts.
    • The card offers exclusive benefits across travel bookings, hotel stays, OTT streaming platforms, and e-commerce sites. Customers enjoy year-round savings with no minimum order value, making it convenient for a variety of transactions.
  • Card Benefits:
    • Discounts on flight bookings and hotel stays
    • Complimentary premium memberships
    • Offers on OTT streaming services and e-commerce platforms
  • Customer Accessibility:
    • The card can be applied for through Bank of Baroda branches, mobile banking, or internet banking.

Key Quotes:

  • Sanjay Mudaliar, Executive Director of Bank of Baroda, emphasized that the card reflects the bank’s commitment to providing exceptional value, especially for customers seeking unique travel and lifestyle experiences.
  • Rikant Pittie, Co-founder of EaseMyTrip, highlighted the collaboration’s goal of offering unmatched benefits and enhancing customers’ travel experiences.

Important Terms Explained:

  • Co-branded Debit Card:
    • A debit card issued by a bank in collaboration with a company, offering exclusive rewards and benefits in relation to that company’s services or products, such as travel or shopping.

Static GK Information:

Titbits

Bank of Baroda:

  • Headquarters: Vadodara, Gujarat
  • MD & CEO: Debadatta Chand
  • Founded: 1908
  • Tagline: India’s International Bank

EaseMyTrip:

  • Founded: 2008
  • Headquarters: New Delhi, India
  • Co-founders: Nishant Pitti and Rikant Pittie

Tabular Summary:

Key Detail Information
Event Launch of Bank of Baroda EaseMyTrip Co-branded Travel Debit Card
Date September 2024
Collaboration Bank of Baroda and EaseMyTrip
Primary Audience Frequent travelers, entertainment lovers, shopping enthusiasts
Key Benefits Discounts on flights, hotels, OTT platforms, e-commerce
Card Application Methods Bank branches, mobile banking, internet banking
Bank of Baroda Tagline India’s International Bank

6. What is the primary target audience of the newly launched MyBiz credit card by Axis Bank and Mastercard?
A) Large Corporations
B) Educational Institutions
C) Small Business Owners
D) Government Agencies
E) Non-Profit Organizations
Answer: C) Small Business Owners

Event and Location:

  • Event: Axis Bank and Mastercard jointly launch the MyBiz business credit card
  • Location: Mumbai, India
  • Date: Not specified but in September 2024

Mandates and Objectives:

  • Objective of the MyBiz Card:
    • The MyBiz credit card is specifically designed for sole proprietors and small business owners, falling under the World Mastercard category.
    • It provides business and travel benefits, including airport lounge access, travel insurance, and business services like productivity, marketing, online readiness, security, and compliance.
  • Key Features and Benefits:
    • End-to-End Digital Offering: Simplifies the onboarding process for small business owners, making it more accessible.
    • Rewards and Benefits: Offers greater rewards, increased purchasing power, zero liability protection, and enhanced employee controls.
    • Curated Experiences: Access to experiences in culinary, wellness, and sports via priceless.com, enhancing both lifestyle and business.
  • Focus on Small Business Growth:
    • Vivek Gupta, President of Wholesale Banking Products at Axis Bank, emphasized the card’s role in helping the bank grow its small business customer base by leveraging World Mastercard benefits.
    • Anubhav Gupta, Senior VP at Mastercard, highlighted the need to cater to the rising number of entrepreneurs with innovative financial products, aligning with the MyBiz card’s features.

Important Terms Explained:

  • World Mastercard:
    • A premium category of credit cards offering exclusive benefits, including travel privileges, insurance, and lifestyle rewards designed for frequent travelers and business owners.
  • Zero Liability Protection:
    • A feature that ensures the cardholder is not held liable for unauthorized transactions on their card, adding a layer of security.

Static GK Information:

Titbits

Axis Bank:

  • Headquarters: Mumbai, Maharashtra
  • Founded: 1993
  • MD & CEO: Amitabh Chaudhry
  • Tagline: Badhti Ka Naam Zindagi

Mastercard:

  • Headquarters: Purchase, New York, USA
  • Founded: 1966
  • CEO: Michael Miebach

Tabular Summary:

Key Detail Information
Event Launch of MyBiz Business Credit Card by Axis Bank and Mastercard
Date September 2024
Target Audience Sole Proprietors and Small Business Owners
Key Features Airport lounge access, travel insurance, business services
Digital Offering Simplified end-to-end digital onboarding for small businesses
Key Benefits Greater rewards, zero liability protection, enhanced employee controls
Curated Experiences Culinary, wellness, and sports experiences via priceless.com
Axis Bank Tagline Badhti Ka Naam Zindagi

Business and Economy – Daily Current Affairs September 26

7. What is Vikra, the new app launched by Zoho?
A) An AI chatbot
B) A low-code IoT platform
C) A seller app on the ONDC network
D) A digital payment platform
E) A cloud storage solution
Answer: C) A seller app on the ONDC network

Event and Location:

  • Event: Zoho launches Vikra, a seller app for ONDC, and Zoho IoT, a low-code IoT platform
  • Location: Bengaluru, India
  • Date: September 26, 2024

Mandates and Objectives:

  • Vikra Seller App:
    • Vikra is a seller app launched on the Open Network for Digital Commerce (ONDC).
    • The app enables sellers to receive instant order notifications on WhatsApp and SMS, ensuring speedy fulfillment of orders. It is designed to enhance the seller experience by providing seamless communication and management of orders.
  • Zoho IoT Platform:
    • Alongside Vikra, Zoho introduced Zoho IoT, a low-code platform that enables businesses to build and deploy custom IoT solutions.
    • The platform is user-friendly and scalable, allowing businesses to manage IoT devices and data without extensive coding, making it easier to integrate IoT capabilities into business operations.

Key Features of Vikra:

  • Order Notifications: Sellers receive real-time updates on orders via WhatsApp and SMS.
  • ONDC Integration: The app integrates with the ONDC network, a government-backed initiative to democratize e-commerce in India.

Key Features of Zoho IoT:

  • Low-Code Platform: Allows businesses to build IoT solutions with minimal coding effort.
  • Scalable: Supports the development and deployment of solutions for managing IoT devices and handling large data volumes.

Important Terms Explained:

  • ONDC (Open Network for Digital Commerce):
    • A government initiative aimed at promoting open and inclusive e-commerce in India by integrating sellers and buyers across digital platforms.
  • IoT (Internet of Things):
    • A network of interconnected devices that communicate and share data over the internet, enabling businesses to automate and monitor processes.

Static GK Information:

Titbits

Zoho Corporation:

  • Founded: 1996
  • Headquarters: Chennai, Tamil Nadu
  • CEO: Sridhar Vembu

Tabular Summary:

Key Detail Information
Event Launch of Vikra Seller App and Zoho IoT
Date September 26, 2024
Vikra Seller App Seller app on ONDC network
Zoho IoT Platform Low-code IoT platform for custom IoT solutions
Vikra Key Feature Instant order notifications via WhatsApp and SMS
Zoho IoT Key Feature Scalable and user-friendly IoT solution deployment
Zoho CEO Sridhar Vembu

8. What is the primary objective of the collaboration between Infosys and Polestar?
A) Develop autonomous driving systems
B) Create a global technology hub for electric vehicle (EV) innovation
C) Build solar-powered cars
D) Manufacture electric car batteries
E) Focus on hybrid vehicle research
Answer: B) Create a global technology hub for electric vehicle (EV) innovation

Event and Location:

  • Event: Infosys partners with Polestar to launch a global technology hub for electric vehicle (EV) innovation.
  • Location: Bengaluru, India
  • Date: September 25, 2024

Mandates and Objectives:

  • Objective of the Collaboration:
    • Infosys has partnered with Polestar, a Swedish electric car manufacturer, to establish a global technology hub at Infosys’ development center in Bengaluru.
    • The collaboration focuses on enhancing in-car infotainment, Software and Electrical/Electronics (SW&EE) engineering, user experience (UX), and cloud-powered digital services for Polestar’s electric vehicles.
  • R&D Integration:
    • Infosys will leverage in-tech, its latest acquisition in the R&D space, to complement this collaboration, further driving innovation in electric vehicle technology.

Key Benefits of the Partnership:

  • Infotainment and UX Development: Enhancing user experience in Polestar’s electric vehicles, focusing on infotainment systems and digital services.
  • SW&EE Engineering: Collaborating on cutting-edge software and electrical engineering for better vehicle performance and digital integration.
  • Cloud Services: Leveraging cloud technologies to power EV services and enable real-time updates and enhanced connectivity.

Important Terms Explained:

  • Polestar:
    • A Swedish electric performance car brand known for producing innovative electric vehicles focused on sustainability and advanced technology.
  • SW&EE Engineering (Software and Electrical/Electronics Engineering):
    • Engineering disciplines focusing on the integration of software and electronics systems in vehicles to enhance performance, user experience, and digital services.

Static GK Information:

Titbits

Infosys:

  • Founded: 1981
  • Headquarters: Bengaluru, Karnataka
  • CEO: Salil Parekh

Polestar:

  • Founded: 1996
  • Headquarters: Gothenburg, Sweden
  • CEO: Thomas Ingenlath

Tabular Summary:

Key Detail Information
Event Infosys partners with Polestar to launch EV tech hub
Date September 25, 2024
Location Bengaluru, India
Primary Objective Create a global technology hub for EV innovation
Technologies Focused On Infotainment, SW&EE engineering, UX, cloud services
Infosys Key Acquisition in-tech for R&D in EV technologies
Infosys CEO Salil Parekh
Polestar CEO Thomas Ingenlath

Acquisitions and Mergers – Daily Current Affairs September 26

9. Which sector is Zaggle aiming to strengthen through its 26% stake acquisition in Mobileware Technologies?
A) Agriculture
B) Education
C) FinTech
D) Real Estate
E) Healthcare
Answer: C) FinTech

Event and Location:

  • Event: Zaggle Prepaid Ocean Services Limited acquires a 26% stake in Mobileware Technologies.
  • Date: September 26, 2024

Mandates and Objectives:

  • Objective:
    • The acquisition aims to enhance Zaggle’s capabilities in the FinTech sector, especially in embedded payment solutions.
  • Investment Details:
    • Zaggle invested ₹15.6 crore to acquire a 26% stake in Mobileware Technologies.
  • Benefits to Zaggle:
    • This acquisition allows Zaggle to leverage Mobileware’s payment infrastructure, including UPI switches, TransXT platform, and API services to enhance its payment offerings.
    • New use cases for lending, credit, and card management services can be co-developed with Mobileware, improving client services.
  • Mobileware’s Contribution:
    • Mobileware provides robust payment infrastructure for over 80 Banks and 20 FinTech companies.
    • It holds multiple certifications from the National Payments Corporation of India (NPCI), further strengthening its partnership with financial institutions.

Important Terms Explained:

  • FinTech (Financial Technology):
    • Technologies that help financial institutions and customers enhance their financial services through software and systems.
  • Embedded Payment Solutions:
    • Payment systems that are integrated within other applications, allowing businesses to offer seamless, real-time payment experiences.
  • NPCI (National Payments Corporation of India):
    • An umbrella organization for retail payments in India, responsible for services like UPI, IMPS, and RuPay.

Static GK Information:

Titbits

Zaggle Prepaid Ocean Services Limited:

  • Founded: 2011
  • Headquarters: Mumbai, Maharashtra
  • Founder and Executive Chairman: Raj Narayanam

Mobileware Technologies Private Limited:

  • Founded: 2010
  • Headquarters: Mumbai, Maharashtra
  • Co-Founder and CEO: Satyajit Kanekar

Tabular Summary:

Key Detail Information
Event Zaggle acquires 26% stake in Mobileware
Date September 26, 2024
Investment Amount ₹15.6 crore
Sector FinTech
Primary Goal Enhance embedded payment solutions
Mobileware’s Role Provider of digital payment infrastructure for 80+ banks
Main Benefits to Zaggle Access to UPI switches, APIs, and robust payment platforms
NPCI-certified Solutions Mobileware holds multiple certifications from NPCI

Appointments – Daily Current Affairs September 26

10. Who assumed the chairmanship of the Asian Organisation of Supreme Audit Institutions (ASOSAI) for 2024-2027?
A) Narendra Modi
B) Girish Chandra Murmu
C) Raghuram Rajan
D) Shaktikanta Das
E) Amitabh Kant
Answer: B) Girish Chandra Murmu

Event and Location:

  • Event: 16th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI)
  • Location: New Delhi, India
  • Date: September 24-25, 2024

Mandates and Objectives:

  • Chairmanship:
    • Girish Chandra Murmu, the Comptroller and Auditor General (CAG) of India, assumed the chairmanship of ASOSAI for the period 2024-2027.
    • The 16th ASOSAI Assembly witnessed the expansion of ASOSAI to include 48 Supreme Audit Institutions (SAIs) from across Asia.
  • Key Objectives of the Assembly:
    • The Assembly aimed to foster regional cooperation in the field of public auditing, with a focus on improving transparency, accountability, and good governance.
    • The event gathered 200 delegates from 42 countries, including heads of 22 Supreme Audit Institutions (SAIs).
  • Key Discussions and Working Groups:
    • Discussions on mid-term review of ASOSAI’s Strategic Plan 2022-2027.
    • Creation of new working groups:
      • State Owned Enterprises (SAI Malaysia)
      • IT Audit and Data Analytics (SAI India)
      • Regional and Municipal Audit (SAI Russia)
  • Governing Board Meeting:
    • The 60th ASOSAI Governing Board Meeting approved important strategic and financial reports, including the mid-term report on the Strategic Plan and Bangkok Declaration 2021.
    • The meeting also introduced new collaborations, research projects, and regulatory reforms.

Important Terms Explained:

  • ASOSAI (Asian Organisation of Supreme Audit Institutions):
    • A regional organization promoting cooperation and exchange of knowledge in public auditing across Asia, consisting of Supreme Audit Institutions (SAIs) from its member countries.
  • Supreme Audit Institution (SAI):
    • The highest authority responsible for the audit of public funds in a country, often led by the CAG or equivalent.

Static GK Information:

Titbits

CAG of India (Comptroller and Auditor General):

  • Current CAG: Girish Chandra Murmu
  • Founded: 1858
  • Headquarters: New Delhi, India

ASOSAI (Asian Organisation of Supreme Audit Institutions):

  • Founded: 1979
  • Members: 48 SAIs
  • Headquarters: Beijing, China

Tabular Summary:

Key Detail Information
Event 16th Assembly of ASOSAI
Date September 24-25, 2024
Location New Delhi, India
CAG of India Girish Chandra Murmu
New Chairmanship ASOSAI 2024-2027
Number of SAIs Expanded to 48 SAIs
Key Focus Areas Transparency, accountability, good governance
New Working Groups IT Audit (SAI India), State-Owned Enterprises (SAI Malaysia)

11. Who has been appointed as the Chief Justice of the Delhi High Court according to the recent notification by the Central Government?
A) Justice Manmohan
B) Justice Suresh Kait
C) Justice Indra Prasanna Mukerji
D) Justice Rajiv Shakdher
E) Justice Nitin Madhukar Jamdar
Answer: A) Justice Manmohan

Event and Location:

  • Event: The Central Government appointed Chief Justices for eight High Courts across India.
  • Date: September 2024 (Announcement)
  • Location: Across multiple High Courts in India

Mandates and Objectives:

  • Objective:
    • The appointments aim to fill key judicial positions and ensure effective functioning of the judicial system in various states.
    • These appointments follow the recommendations of the Supreme Court Collegium, initially made on July 11, 2023, with revisions on September 17, 2023 for four High Courts.
  • New Chief Justices Appointed:
    • Justice Manmohan: Appointed as Chief Justice of the Delhi High Court (Previously Acting Chief Justice).
    • Justice Indra Prasanna Mukerji: Appointed as Chief Justice of the Meghalaya High Court (Previously sitting judge of Calcutta High Court).
    • Justice Rajiv Shakdher: Appointed as Chief Justice of the Himachal Pradesh High Court (Previously from Delhi High Court).
    • Justice Suresh Kait: Elevated to Chief Justice of the Madhya Pradesh High Court (Previously from Delhi High Court).
    • Justice Nitin Madhukar Jamdar: Appointed as Chief Justice of the Kerala High Court (Previously from Bombay High Court).
    • Justice Tashi Rabstan: Permanent Chief Justice of Jammu & Kashmir and Ladakh High Court (Previously Acting Chief Justice).
    • Justice Shriram Kalpathi Rajendran: Appointed as Chief Justice of the Madras High Court (Previously from Bombay High Court).
    • Justice M.S. Ramachandra Rao: Transferred from Himachal Pradesh to become the Chief Justice of the Jharkhand High Court.

Important Terms Explained:

  • Supreme Court Collegium:
    • A body responsible for recommending appointments of judges to the Supreme Court and High Courts in India.
  • Chief Justice:
    • The senior-most judge of a High Court, responsible for overseeing its administration and judicial functions.

Static GK Information:

Titbits

Ministry of Law and Justice (India):

  • Union Law Minister: Arjun Ram Meghwal
  • Founded: 1947
  • Headquarters: New Delhi, India

Delhi High Court:

  • Founded: 1966
  • Current Chief Justice: Justice Manmohan (2024 Appointment)

Tabular Summary:

Key Detail Information
Event Appointment of Chief Justices to eight High Courts
Date September 2024
Supreme Court Collegium Recommendations revised on September 17, 2023
Delhi High Court Justice Manmohan appointed Chief Justice
Meghalaya High Court Justice Indra Prasanna Mukerji appointed Chief Justice
Himachal Pradesh High Court Justice Rajiv Shakdher appointed Chief Justice
Madhya Pradesh High Court Justice Suresh Kait appointed Chief Justice
Kerala High Court Justice Nitin Madhukar Jamdar appointed Chief Justice
Jammu & Kashmir and Ladakh High Court Justice Tashi Rabstan appointed Chief Justice
Madras High Court Justice Shriram Kalpathi Rajendran appointed Chief Justice
Jharkhand High Court Justice M.S. Ramachandra Rao transferred as Chief Justice

Defence – Daily Current Affairs September 26

12. What is the name of the lightweight bulletproof jacket developed by DRDO and IIT Delhi?
A) Suraksha
B) ABHED
C) Rakshak
D) Prahari
E) Kavach
Answer: B) ABHED

Event and Location:

  • Event: DRDO and IIT Delhi develop lightweight bulletproof jackets
  • Location: New Delhi, India
  • Date: September 25, 2024

Mandates and Objectives:

  • Development of ABHED:
    • The Defence Research & Development Organisation (DRDO), in collaboration with IIT Delhi, has developed a new lightweight bulletproof jacket named ABHED (Advanced Ballistics for High Energy Defeat).
    • ABHED offers 360-degree protection, ensuring maximum safety for soldiers in combat scenarios.
  • Weight Advantage:
    • The jackets are lighter than the maximum weight limits specified in the General Staff Qualitative Requirements (GSQR) of the Indian Army. This lighter weight increases the mobility and comfort of soldiers while maintaining safety.

Key Features of ABHED Jackets:

  • 360-Degree Protection: Provides comprehensive protection, covering all angles of potential threats.
  • Lightweight Design: Meets and exceeds the weight reduction standards set by the Indian Army, making it easier for soldiers to wear for long periods.

Collaboration Between:

  • Defence Research & Development Organisation (DRDO):
    • India’s premier research organization responsible for developing defense technologies.
  • Indian Institute of Technology (IIT) Delhi:
    • A leading educational institution, contributing to research in defense technology.

Important Terms Explained:

  • General Staff Qualitative Requirement (GSQR):
    • The technical and operational standards set by the Indian Army for defense equipment, including specifications for bulletproof jackets.

Static GK Information:

Titbits

DRDO (Defence Research and Development Organisation):

  • Founded: 1958
  • Headquarters: New Delhi, India
  • Chairman: Dr. Samir V Kamat

IIT Delhi:

  • Founded: 1961
  • Location: New Delhi, India
  • Director: Rangan Banerjee

Tabular Summary:

Key Detail Information
Event DRDO and IIT Delhi develop lightweight bulletproof jacket
Date September 25, 2024
Jacket Name ABHED (Advanced Ballistics for High Energy Defeat)
Key Feature 360-degree protection, lighter than Indian Army’s GSQR limits
Collaborators DRDO and IIT Delhi
Primary Goal Enhanced safety and mobility for Indian Army personnel

International Affairs – Daily Current Affairs September 26

13. Which sectors were identified for cooperation during the 6th session of the India-Egypt Joint Trade Committee?
A) Textiles and Furniture
B) Pharmaceuticals, MSMEs, and Food Security
C) Tourism and Agriculture
D) Automobiles and Hospitality
E) Education and Healthcare
Answer: B) Pharmaceuticals, MSMEs, and Food Security

Event and Location:

  • Event: 6th Session of the India-Egypt Joint Trade Committee (JTC)
  • Location: New Delhi, India
  • Date: September 16-17, 2024

Mandates and Objectives:

  • Main Objective:
    • Strengthen bilateral trade relations between India and Egypt, focusing on enhancing cooperation in various sectors.
  • Key Outcomes:
    • Both sides expressed their desire for the early signing of an MoU between the National Small Industries Corporation (NSIC) of India and the MSME Development Agency (MSMEDA) of Egypt.
    • Potential Sectors for Cooperation:
      • International trade settlement and digital payments
      • Transport, pharmaceuticals, MSMEs, and food security
      • Renewable energy, including green hydrogen
      • Gems and jewelry, petroleum and mining, electronics manufacturing, and apparel manufacturing
  • Collaboration Focus:
    • There was an emphasis on cooperation in the Suez Canal Economic Zone (SCEZ), market access for agricultural products, and closer collaboration between investment promotion agencies.
  • Next Meeting:
    • Both parties agreed to hold the next JTC meeting in 2026, in Egypt.

Important Terms Explained:

  • MoU (Memorandum of Understanding):
    • A formal agreement between two or more parties, often used to establish partnerships and collaborations.
  • Suez Canal Economic Zone (SCEZ):
    • A strategic trade and industrial zone located around the Suez Canal in Egypt, crucial for international trade.

Static GK Information:

Titbits

India:

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

Egypt:

  • Capital: Cairo
  • Currency: Egyptian Pound
  • President: Abdel Fattah el-Sisi
  • Prime Minister: Mostafa Madbouly

Tabular Summary:

Key Detail Information
Event 6th Session of India-Egypt Joint Trade Committee (JTC)
Date September 16-17, 2024
Location New Delhi, India
Co-Chairpersons Ms. Priya P. Nair (India), Mr. Yahya Elwathik Bellah (Egypt)
Focus Areas Pharmaceuticals, MSMEs, food security, digital payments, transport
Next Meeting 2026 in Egypt
Bilateral Trade Initiatives MoU between NSIC (India) and MSMEDA (Egypt)
Key Collaboration Zones Suez Canal Economic Zone (SCEZ)

14. When will the World Telecommunication Standardization Assembly (WTSA) 2024 be held in New Delhi?
A) October 1-10, 2024
B) October 5-15, 2024
C) October 14-24, 2024
D) November 14-24, 2024
E) September 14-24, 2024
Answer: C) October 14-24, 2024

Event and Location:

  • Event: World Telecommunication Standardization Assembly (WTSA) 2024
  • Location: New Delhi, India
  • Date: October 14-24, 2024

Mandates and Objectives:

  • WTSA 2024 Overview:
    • WTSA is a quadrennial event under the International Telecommunication Union (ITU), where over 190 countries will gather to shape global telecommunication standards.
    • This marks the first time such a pivotal event is held in Asia, specifically in India, highlighting India’s growing influence in the telecom industry.
  • Significance of Hosting:
    • India’s Leadership in Telecom: The event strengthens India’s position in the global telecom sector and will allow the country to influence the global telecom agenda, especially in the context of technologies like 5G, 6G, and beyond.
  • WTSA 2024 Side Events:
    • ITU Kaleidoscope Conference (21-23 October 2024)
    • AI for Good (18 October 2024)
    • Network of Women (17 October 2024)
    • ITU Exhibitions (14-24 October 2024)
  • Outreach Initiatives:
    • The Department of Telecommunications (DoT) has launched the WTSA 2024 Outreach Sessions across multiple cities, engaging students with telecom experts to emphasize the importance of telecom standards in global connectivity and innovation.
  • 5G-6G Hackathon 2024:
    • DoT launched a 5G-6G Hackathon alongside WTSA to promote India-specific innovations and applications related to 5G, 6G, and associated technologies, driving telecom advancements in India.

Important Terms Explained:

  • International Telecommunication Union (ITU):
    • A specialized UN agency responsible for coordinating global telecom standards and policies.
  • WTSA (World Telecommunication Standardization Assembly):
    • A quadrennial conference where global telecom standards are discussed and set.
  • 5G-6G Hackathon:
    • A competition aiming to identify and promote innovations in 5G and 6G technologies to solve India-specific challenges in the telecom sector.

Static GK Information:

Titbits

International Telecommunication Union (ITU):

  • Abbreviation: ITU
  • Founded: 1865
  • Headquarters: Geneva, Switzerland
  • Secretary-General: Doreen Bogdan-Martin

India:

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

Tabular Summary:

Key Detail Information
Event World Telecommunication Standardization Assembly (WTSA)
Date October 14-24, 2024
Location New Delhi, India
Primary Objective Set global telecommunication standards
Side Events ITU Kaleidoscope, Network of Women, AI for Good
Hackathon Initiative 5G-6G Hackathon 2024
First WTSA in Asia? Yes

National Affairs – Daily Current Affairs September 26

15. Which government platform is being leveraged by the Labour Ministry and Amazon to enhance job opportunities for youth in India?
A) National Digital Literacy Mission
B) Pradhan Mantri Kaushal Vikas Yojana
C) National Career Service (NCS) portal
D) Make in India
E) Skill India
Answer: C) National Career Service (NCS) portal

Event and Location:

  • Event: Signing of a Memorandum of Understanding (MoU) between the Union Labour Ministry and Amazon
  • Date: September 26, 2024

Mandates and Objectives:

  • Boost Employment: The partnership aims to increase job opportunities by utilizing the National Career Service (NCS) portal.
  • Job Fairs: The Ministry will help Amazon organize job fairs at Model Career Centres (MCCs) across India.
  • Inclusivity: Special focus is given to promoting job opportunities for women and divyang (persons with disabilities).
  • Portal Upgradation: The NCS portal will be upgraded to use Artificial Intelligence to make it more user-friendly for job seekers and employers.
  • Talent Pool: Amazon will benefit from accessing a diverse talent pool, streamlining its recruitment process and reducing hiring costs.

Important Terms Explained:

  • National Career Service (NCS) portal:
    • A platform created by the government to connect job seekers with employers. It provides various employment-related services under one roof.
    • Plans to integrate advanced technologies such as Artificial Intelligence to improve the user experience.
  • Model Career Centres (MCCs):
    • Physical centers where job fairs and recruitment activities are held, bringing together job seekers and employers.
  • Divyang:
    • A term used in India to refer to people with disabilities, highlighting their strengths.

Static GK Information:

Titbits

Ministry of Labour and Employment:

  • Founded: 1936
  • Union Minister: Mansukh Mandaviya
  • Union Minister of State: Shobha Karandlaje

Amazon:

  • Founded: 1994
  • Founder and CEO: Andy Jassy (as of 2024)
  • Headquarters: Seattle, Washington, USA

Tabular Summary:

Key Detail Information
Event Signing of MoU between Union Labour Ministry and Amazon
Date September 26, 2024
Platform National Career Service (NCS) portal
Chief Guests Mansukh Mandaviya, Shobha Karandlaje
Significance Enhancing job opportunities for youth and inclusive hiring
Benefits to Job Seekers Access to job opportunities with Amazon, local hiring
Benefits to Amazon Access to a diverse talent pool, reduced hiring costs
Focus Groups Women, Divyang candidates
Key Venue for Hiring Activities Model Career Centres (MCCs)

16. What is the primary objective of DRDO’s deep tech initiative for military use?
A) Promote imports of defence systems
B) Encourage private sector investment in space exploration
C) Propel research in futuristic and disruptive technologies
D) Develop public-private partnerships for agriculture
E) Fund renewable energy projects
Answer: C) Propel research in futuristic and disruptive technologies

Event and Location:

  • Event: DRDO to launch a deep tech research initiative for military use
  • Location: New Delhi, India
  • Date: September 26, 2024

Mandates and Objectives:

  • Objective:
    • DRDO aims to fund five deep tech innovation projects to enhance India’s defence capabilities.
    • Projects will focus on indigenisation, futuristic and disruptive technologies, and cutting-edge technologies.
  • Fund Allocation:
    • Each project is earmarked a maximum of ₹50 crore, with ₹1 lakh crore corpus funding announced in the interim budget.
  • Key Technologies:
    • Research will focus on quantum computing, blockchain, and artificial intelligence, under futuristic and disruptive technologies.
    • These technologies could revolutionize defence industries, akin to the US Defence Advanced Research Projects Agency (DARPA).
  • Technology Development Fund (TDF):
    • DRDO will utilize the Technology Development Fund to engage MSMEs and start-ups in military research, reducing reliance on imports.
    • The TDF invites industry proposals, offering 90% funding for selected projects.

Important Terms Explained:

  • Futuristic and Disruptive Technologies:
    • Technologies that drastically change existing industries or introduce entirely new capabilities, with significant impact on societal or military norms.
  • Technology Development Fund (TDF):
    • A fund managed by DRDO that supports MSMEs and start-ups for R&D in military hardware and software, focusing on indigenization.

Static GK Information:

Titbits

DRDO:

  • Abbreviation: Defence Research and Development Organisation
  • Founded: 1958
  • Headquarters: New Delhi, Delhi
  • Chairman: Samir V Kamat

Ministry of Defence (India):

  • Union Minister of Defence: Rajnath Singh
  • Founded: 1947
  • Headquarters: New Delhi, India

Tabular Summary:

Key Detail Information
Event DRDO launches deep tech research initiative
Date September 26, 2024
Focus Areas Indigenisation, futuristic and disruptive technologies, cutting-edge tech
Funding ₹50 crore per project
Total Fund Corpus ₹1-lakh crore
Funded Technologies Quantum computing, blockchain, AI
Chief Minister of Defence Approval Rajnath Singh
Implementing Agency DRDO through Technology Development Fund
Beneficiaries MSMEs, start-ups

17. What were the two main focus areas discussed during the 11th Engineers Conclave organized by DRDO and INAE in Hyderabad?
A) Defence Budget and Cybersecurity
B) Additive Manufacturing for Defence Applications and Defence Manufacturing Technologies
C) Renewable Energy and IT Services
D) Pharmaceuticals and Food Security
E) Space Exploration and AI Research
Answer: B) Additive Manufacturing for Defence Applications and Defence Manufacturing Technologies

Event and Location:

  • Event: 11th Engineers Conclave, jointly organized by Defence Research & Development Organisation (DRDO) and Indian National Academy of Engineering (INAE)
  • Location: Defence Research & Development Laboratory (DRDL), Hyderabad
  • Date: September 26, 2024

Mandates and Objectives:

  • Conclave Focus:
    • Two Strategic Priorities discussed during the conclave were:
      • Additive Manufacturing for Defence Applications:
        • The process of creating three-dimensional objects for use in defence systems through digital models, which can significantly improve manufacturing efficiency and reduce costs.
      • Defence Manufacturing Technologies:
        • Technologies and innovations designed to boost indigenous manufacturing capabilities in the defence sector, reducing reliance on foreign imports.
  • Participants:
    • The event gathered engineers, scientists, academicians, and industry leaders to discuss emerging technologies and advancements in indigenisation for defence.
  • Key Speakers:
    • Chief Guest: Dr. Anil Kakodkar, Former Chairman, Atomic Energy Commission
    • Guest of Honour: Dr. Samir V Kamat, Secretary of Department of Defence R&D and Chairman of DRDO
    • DRDL Director (Hyderabad): Shri GA Srinivasa Murthy
    • Director General, Missiles and Strategic Systems: Shri U Raja Babu
    • INAE President: Prof Indranil Manna

Important Terms Explained:

  • Additive Manufacturing:
    • A manufacturing process in which objects are created layer by layer from a digital file, often referred to as 3D printing, crucial for defence as it offers flexibility in creating complex parts quickly.
  • Indigenisation:
    • The process of developing and manufacturing products and technologies within a country, reducing dependency on imports and fostering self-reliance in critical sectors like defence.

Static GK Information:

Titbits

DRDO (Defence Research and Development Organisation):

  • Founded: 1958
  • Headquarters: New Delhi, India
  • Chairman: Dr. Samir V Kamat

INAE (Indian National Academy of Engineering):

  • Founded: 1987
  • Headquarters: New Delhi, India
  • President: Prof Indranil Manna

Tabular Summary:

Key Detail Information
Event 11th Engineers Conclave
Date September 26-27, 2024
Location DRDL, Hyderabad
Focus Areas Additive Manufacturing and Defence Manufacturing Technologies
Key Speakers Dr. Anil Kakodkar, Dr. Samir V Kamat
Organisers DRDO and INAE
Goal Discuss emerging technologies and indigenisation for defence

18. Which community recently became the 6th PVTG to receive habitat rights under the Forest Rights Act (FRA) in Odisha?
A) Paudi Bhuyan
B) Mankidia
C) Juang
D) Saora
E) Chuktia Bhunjia
Answer: B) Mankidia

Event and Location:

  • Event: Mankidia community of Odisha received habitat rights under the Forest Rights Act (FRA) 2006.
  • Location: Mayurbhanj district, Odisha
  • Date: September 22, 2024

Mandates and Objectives:

  • Objective of the FRA:
    • The Forest Rights Act (FRA) 2006 aims to recognize the rights of Scheduled Tribes and other traditional forest dwellers over forest lands.
    • Under Section 3.1(e) of the FRA, Particularly Vulnerable Tribal Groups (PVTGs) are entitled to habitat rights, which allow them to legally inhabit, use, and protect forest areas for their traditional practices.
  • Mankidia Community Habitat Rights:
    • The Mankidia is the second PVTG in Odisha to receive habitat rights under the FRA.
    • The Mankidia community has traditionally depended on forests for livelihood and cultural practices, and now, their legal claim to the forest ensures they can continue these practices without restrictions.
  • PVTGs in Odisha:
    • Paudi Bhuyan was the first PVTG to receive habitat rights in Odisha on March 7, 2024.
    • Other PVTGs approved for habitat rights include Juang, Saora, Chuktia Bhunjia, and Hill Khadia.
    • Odisha leads the country in approving habitat rights for six PVTGs, the most of any Indian state.
  • Mankidia Community Overview:
    • The Mankidia is a semi-nomadic section of the Birhor tribe, primarily dependent on hunting and rope-making.
    • They are often employed to catch monkeys, which pose problems in rural areas.
    • They are known to live in temporary makeshift settlements called tandas, with huts made from leaves known as Kumbhas.

Important Terms Explained:

  • FRA (Forest Rights Act 2006):
    • A legislation that grants Scheduled Tribes and other traditional forest dwellers legal rights to forest lands, including individual rights, community rights, and habitat rights.
  • PVTG (Particularly Vulnerable Tribal Group):
    • A classification for the most vulnerable tribal communities in India, based on their dependence on forests, pre-agricultural level of existence, and low literacy rates.

Static GK Information:

Titbits

Odisha:

  • Capital: Bhubaneswar
  • Chief Minister: Naveen Patnaik
  • Governor: Ganeshi Lal

Mankidia Community:

  • Location: Odisha
  • Language: Munda language and Odia
  • Occupation: Rope-making, hunting, and gathering

Tabular Summary:

Key Detail Information
Event Mankidia community receives habitat rights under FRA
Date September 22, 2024
Location Mayurbhanj district, Odisha
Legislation Forest Rights Act (FRA) 2006
Key Participants Krushna Chandra Mohapatra (Urban Development Minister), Ganesh Ram Singkhuntia (Forest Minister)
PVTG with Habitat Rights Paudi Bhuyan, Juang, Chuktia Bhunjia, Saora, Hill Khadia, Mankidia
Mankidia Community Practices Rope-making, hunting, semi-nomadic lifestyle
Odisha’s Distinction Highest number of PVTGs with habitat rights in India


Over All Review

Important Days

  • World Maritime Day 2024 theme: “Navigating the future: safety first”, emphasizing maritime safety.
  • September 26 observed as International Day for the Total Elimination of Nuclear Weapons, promoting disarmament and global peace.

Ranking 

  • Switzerland tops World Talent Ranking 2024; India drops to 58th position globally.

Banking and Finance 

  • HDFC Bank launches Instant SIP feature, enabling same-day mutual fund investments via SmartWealth app.
  • Bank of Baroda and EaseMyTrip launch co-branded travel debit card offering travel, OTT, and shopping benefits.
  • Axis Bank and Mastercard launch MyBiz credit card, offering exclusive benefits for small business owners.

Business And Economy

  • Zoho launches Vikra, a seller app for the ONDC network, with instant order notifications.
  • Infosys partners with Polestar to launch a global tech hub focused on EV innovation in Bengaluru.

Acquisitions and Mergers

  • Zaggle acquires 26% stake in Mobileware to boost FinTech and embedded payment solutions.

Appointments

  • Girish Chandra Murmu, CAG of India, assumes ASOSAI chairmanship for 2024-2027.
  • Justice Manmohan appointed as the Chief Justice of Delhi High Court.

Defence

  • DRDO and IIT Delhi develop ABHED, a lightweight bulletproof jacket offering 360-degree protection.

International Affairs

  • India and Egypt to boost cooperation in pharmaceuticals, MSMEs, and food security.
  • India to host WTSA 2024 in New Delhi from October 14-24, marking its first time in Asia.

National Affairs

  • Labour Ministry and Amazon partner to leverage the NCS portal for job creation.
  • DRDO to fund ₹50 crore deep tech projects, focusing on futuristic technologies for military use.
  • 11th Engineers Conclave focuses on Additive Manufacturing and Defence Manufacturing Technologies in Hyderabad.
  • Mankidia becomes the 6th PVTG in Odisha to receive habitat rights under the FRA 2006.

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