ALL EXAM QUIZ 23.05.2024

Explanation:

• Indian Army has received the first batch of 27,000 units of Russian AK-203 assault rifles.
• Under a contract signed between India and Russia in July 2021, over 6.1 lakh AK-203 assault rifles are to be manufactured in India with technology transfer from Russia.
• The joint venture Indo-Russian Rifles Private Limited (IRRPL) was established at Korwa in Uttar Pradesh in 2019 for this purpose.
• It was set up between the erstwhile Ordnance Factory Board [now Advanced Weapons and Equipment India Limited (AWEIL) and Munitions India Limited (MIL)] from India and Rosoboronexport (RoE) and Kalashnikov concern of Russia.
• India is progressively making the AK-203 rifles within the country, aiming to reach 70% domestic content in just 2 years. Currently, around 25% of the rifle's parts are manufactured locally.
• The full-scale production with 100% localisation of rifles is expected to be reached within 2-3 years.
• The Indian Army has been phasing out the INSAS (Indian National Small Arms System) rifles in favour of more advanced weaponry.

Explanation:

• Union Ministry of Law and Justice, in association with the Assam Government, has organised a two-day conference, ‘India's Progressive Path in the Administration of Criminal Justice System’, in Guwahati, Assam..
• The aim of the conference was to create awareness about the recent changes made by the government in repealing British-era criminal law and the enactment of new laws related to the criminal justice system in the country.

Explanation:

• The Times Higher Education World University Rankings 2024 include 1,906 universities across 108 countries and regions.
• The table is based on our new WUR 3.0 methodology, which includes 18 carefully calibrated performance indicators that measure an institution’s performance across five areas: teaching, research environment, research quality, industry, and international outlook.
• Several Indian universities have achieved positions in the annual Times Higher Education- Young University Rankings that were announced recently. As many as two Indian universities have ranked in the top 100 list.
• The Mahatma Gandhi University, Kerala ranked 81 while Anna University, Chennai is at 96th position.
• This year’s ranking analysed more than 134 million citations across 16.5 million research publications and included survey responses from 68,402 scholars globally. Overall, we collected 411,789 datapoints from more than 2,673 institutions that submitted data.
• Trusted worldwide by students, teachers, governments and industry experts, the 2024 league table reveals how the global higher education landscape is shifting.

Explanation:

• The Food Safety and Standards Authority of India (FSSAI) has issued a stern warning to fruit traders, handlers, and Food Business Operators (FBOs) for using calcium carbide for ripening of fruits.
• Calcium carbide is generally used for ripening fruits like mangoes. It releases acetylene gas.
• The acetylene gas contains harmful traces of arsenic and phosphorus.
• It can cause dizziness, frequent thirst, irritation, weakness, difficulty in swallowing, vomiting, and skin ulcers.
• Acetylene gas poses hazards to handlers and could leave dangerous residues.

Explanation:

• First Vice President of Iran, Mohammad Mokhber, has been appointed as Interim President.
• He will be in charge of the executive branch for a maximum period of 50 days.
• As per the Islamic Republic’s constitution, if a president dies in office then the first vice president assumed office for an interim period of 50 days, with the approval of the Supreme Leader.
• The government's three branches- the executive, the legislative and the judiciary held an meeting.
• Mohammad Mokhber became first vice president in 2021 when Raisi was elected president.

Explanation:

• A Subcritical nuclear test was conducted by the USA in Nevada
• During the tenure of President Joe Biden, this was the third experiment.
• On May 21, the experiment was conducted to gather important data regarding the country’s nuclear warheads.
• In partnership with Lawrence Livermore National Laboratory, the Nimble series experiment was the first to be conducted at the Principal Underground Laboratory for Subcritical Experimentation (PULSE) facility.

Explanation:

• In the World Para Athletics Championships, Deepthi Jeevanji created a world record by winning gold.
• On May 20, para-athlete Deepthi Jeevanji of India created a world record of 55.06 seconds in the category of women’s 400m T20 at the ongoing Para Athletics World Championship 2024 in Kobe, Japan.
• Jeevanji won the gold medal in the women's 400-meter T20 category with a timing of 55.06 seconds.
• She broke American Breanna Clark's previously held world record of 55.12 seconds, set during last year's edition of the championships in Paris.
• In the World Para Athletics Championships, with 55.19 seconds, Aysel Onder of Turkey was second and with 56.68 seconds, Lizanshela Angulo of Ecuador was third with 56.68 seconds.
• During her qualifying round, Jeevani booked her place in the final of the women's 400m T20 heats by setting a new Asian record with a timing of 56.18 seconds.
• At the Asian Para Games 2023, Jeevanji had performed brilliantly by winning the gold medal in the women's 400m T20 event.

Explanation:

• In FY 24, the Government will get 30% more dividends from public sector banks.
• In FY24, public sector banks net profit has grown about 37 per cent year-on-year to ₹1,41,203 crore.
• The government will get around 30% more dividends from PSB due strong financial performance.
• PSBs will pay total dividends of ₹18,013 crore to the government in FY24 as compared to ₹13,804 crore in 2023. Out of 12 PSBs, 10 have declared dividends.
• State Bank of India (SBI), Bank of Baroda (BoB), Canara Bank and Indian Bank are the top four PSBs to provide dividends.

Explanation:

• National Anti-Terrorism Day is observed annually on May 21st in remembrance of Prime Minister Rajiv Gandhi's assassination on May 21st, 1991.
• Rajiv Gandhi was killed by a suicide bomber from the LTTE (Liberation Tigers of Tamil Eelam) in Sriperumbudur, near Chennai.
• Rajiv Gandhi assumed office as Prime Minister after the assassination of his mother, Indira Gandhi, on October 31, 1984.
• In 1987, Rajiv Gandhi had sent Indian peacekeeping forces to Sri Lanka to establish peace.
• National Anti-Terrorism Day is observed to raise awareness about the serious consequences of terrorism and the importance of maintaining peace, unity, and security.
• Anti-Terrorism Day in India was established by the VP Singh government in memory of Rajiv Gandhi.
• On this day, victims of terrorism are honoured and various organisations and educational institutions organize debates, discussions and seminars on the impact of terrorism.

Explanation:

• Iga Swiatek defeated Aryna Sabalenka in the final by 6-2, 6-3 to win her third Italian Open title.
• After Serena Williams, Swiatek became the first woman to win the Madrid and Rome titles back to back. It is the 21st title of Iga Swiatek’s career.
• Alexander Zverev of Germany won the Men’s title after defeating Chile’s Nicolas Jarry by 6-4, 7-5.
• Marcel Granollers and Horacio Zeballos clinched Men’s doubles while Sara Errani and Jasmine Paolini won the Women’s doubles title.

Explanation:

• Bank of Maharashtra topped among PSU banks in terms of business growth.
• In terms of total business and deposit mobilization among public sector lenders, the Bank of Maharashtra registered the highest growth rate in the last fiscal.
• Bank of Maharashtra registered a growth of 15.94 per cent in the total business (domestic) in FY24.
• State Bank of India (SBI) with 13.12 per cent growth is in the second position.
• However, SBI's total business is around 16.7 times higher than Bank of Maharashtra (BoM) in absolute terms.
• In terms of growth in deposit mobilisation, the Bank of Maharashtra is in the first spot with a 15.66 per cent rise.
• The Bank of Maharashtra with 52.73 per cent growth is at the top of the list of low-cost CASA deposits. It is followed by the Central Bank of India with a 50.02 per cent growth.
• The Bank of Maharashtra is a leading bank among PSBs at 17.38% in terms of the capital adequacy ratio.
• In terms of the capital adequacy ratio, Indian Overseas Bank (17.28 per cent) and Punjab & Sind Bank (17.16%) are in second and third positions respectively.