ALL EXAM QUIZ 09.05.2024

Explanation:

• Recently, Confederation of Indian Industry (CII) has launched a corporate governance charter for startups, including a self-evaluative scorecard.
• This occurs during a period when companies like Byju’s, BharatPe, and Zilingo have expressed worries about governance norms in the last 12-18 months.

Key Provisions of the Charter

• Charter will provide suggestions on Corporate Governance tailored for Startups and offer guidelines suitable for different stages of a startup which is aiming to enhance governance practices.
• Corporate Governance in India is a set of rules, practices and processes by which a company is guided and controlled.

Self Evaluative Governance Scorecard

• The charter includes an online self-evaluative governance scorecard that startups can use to evaluate their current governance status and its improvement over time.
• It will allow startups to measure their governance progress, with score changes indicating improvements in governance practices as assessed against the scorecard from time to time.

Explanation:

• Tamil Nadu School Education Department released Guidelines for Elimination of Corporal Punishment in Schools (GCEP).
• These guidelines focus on protecting the physical and mental well-being of students and to prevent any form of harassment of students. Abolish corporal punishment.

Main guidelines

• The objective of these guidelines is to create a safe and developmental environment for students by eliminating physical punishment, mental harassment and discrimination.
• GECP also includes safeguarding the mental health of students and organizing awareness camps to familiarize stakeholders with the guidelines of the National Commission for Protection of Child Rights (NCPCR).
• GECP entails the establishment of monitoring committees comprising school principals, parents, teachers and senior students in each school to monitor the implementation of the guidelines and resolve any issues.
• The GECP also lists positive actions against corporal punishment, including multidisciplinary interventions, life-skills education and mechanisms for children's complaints.

Explanation:

• Recently, researchers have discovered the world's deepest blue hole located in Mexico's Chetumal Bay in Mexico, known as Taam Ja' Blue Hole (TJBH).
• It was originally believed to be the second deepest. However, recent measurements have shown that it exceeds 420 meters below sea level (mbsl), making it deeper than any other known blue hole.
• The new measurement reached into the mesopelagic zone, where sunlight is significantly reduced, and marine life concentration is high.
• TJBH's depth surpasses other well-known blue holes such as the Sansha Yongle Blue Hole in the South China Sea (301 mbsl) and the Dean's Blue Hole in the Bahamas (202 mbsl).Blue holes serve as biological hotspots hosting diverse marine life, including corals, sponges, molluscs, sea turtles, and sharks.
• Exploration of blue holes has been limited due to challenging access conditions, as most blue holes have small openings that are several hundred feet underwater, making them inaccessible for automated submersibles..

Explanation:

• Jose Raul Mulino wins the presidential election of Panama.
• Mulino was one of the favourites for the presidency after he replaced Martinelli.
• Mulino won 34.3% of the vote, followed by the lawyer Ricardo Lombana on 24.8% and former president Martín Torrijos on 16%.
• Mulino will take office on July 1 for a five-year term.
• Panama is facing an economic slowdown and expects growth of 2.5% in 2024.

Panama

• It is a Central American country bordered by Costa Rica and Colombia.
• Panama City is the capital and largest city of Panama.
• Balboa and the United States dollar are the official currencies.

Explanation:

• Girish Chandra Murmu, the Comptroller and Auditor General of India (CAG) and Toyam Raya, Auditor General of Nepal signed a MoU.
• The agreement's main aim is to enhance collaboration and exchange of expertise in the field of auditing.
• Through this MoU, a platform will be established for capacity development, knowledge exchange, and mutual assistance in conducting audits.
• This MoU will help in developing and strengthening professional capacity.
• The partnership between the SAIs of India and Nepal will enhance collaboration in training programs.