ALL EXAM QUIZ 19.10.2024

Explanation:

• Partha Sengupta will be appointed as Bandhan Bank MD, CEO for 3 years.
• The appointment of former Indian Overseas Bank MD, CEO Partha Pratim Sengupta as MD, CEO of Bandhan Bank approved by the Reserve Bank of India (RBI).
• His appointment has been approved for a term of three years from the date of assuming charge.
• He has nearly four decades of experience in the banking industry.

Explanation:

• The National Electricity Plan was unveiled by the government to meet India's growing energy needs.
• On October 14, the National Electricity Plan (Transmission) unveiled by Union Power Minister Manohar Lal Khattar to meet the growing energy demand of the Indian economy.
• The plan has been prepared by the Central Electricity Authority (CEA).
• It aims to install 500 GW of renewable energy capacity by 2030 and reach over 600 GW of installed renewable energy capacity by 2032.
• Unveiling the plan, the minister said, "We estimate that our power demand will reach 708 GW by 2047 and to meet this, we need to increase our capacity four times to 2,100 GW."

Explanation:

• The Union Cabinet has approved new Minimum Support Prices (MSP) for Rabi crops for the upcoming marketing season 2025-26.
• This decision has been taken to ensure better income for farmers and to promote the cultivation of key crops during the Rabi season.
• The MSP for wheat has been increased by Rs 150 per quintal. This brings the new price to Rs 2,425 per quintal.
• For mustard, the MSP has been raised by Rs 300. Its price has increased from Rs 5,650 to Rs 5,950 per quintal.

Explanation:

• Union Minister Shri Jayant Chaudhary Inaugurated the National Skill Training Institute Extension Centre at Visakhapatnam.
• A new National Skill Training Institute (NSTI) extension centre at the Andhra Medical Tech Zone (AMTZ) campus has been inaugurated in Visakhapatnam.
• This is part of the government’s commitment to create more avenues for skill training and expanding employment opportunities for the youth of Andhra Pradesh.

Explanation:

• International Solar Alliance (ISA) Assembly’s seventh session will be held at Bharat Mandapam in New Delhi from 3rd November.
• It will be a four-day event. It will continue till 6th of November.
• The ISA Assembly will discuss ISA activities pertaining to energy access, security, and customs, with an emphasis on enabling member nations to embrace solar energy and raising funds to expedite the implementation of solar power.
• The ISA Assembly will bring together global leaders to encourage the broad use of solar energy.
• Union Minister of New and Renewable Energy and ISA President Pralhad Joshi stated during a curtain raiser press conference in New Delhi that ISA was founded as a cooperative effort between France and India to combat climate change.

Explanation:

• Varanasi-Pt Deen Dayal Upadhyaya (DDU) multi-tracking project has been approved by Union Cabinet.
• The proposed project is worth Rs 2,642 crore. It includes a new rail-cum-road bridge across the Ganga River.
• The proposed project also includes the addition of third and fourth railway lines between Varanasi and DDU Junction route.
• The project passes through the Uttar Pradesh districts of Chandauli and Varanasi.
• In addition to relieving traffic throughout the route, the proposed section is expected to handle 27.83 MTPA (million tonnes per annum) of freight.
• These improvements are meant to boost the socioeconomic development of the area while also increasing capacity and efficiency.

Explanation:

• Kaziranga National Park emerged as India's second butterfly diversity hub.
• More than 446 butterfly species have been reported from Kaziranga National Park.
• It has emerged as India's second butterfly diversity hub after the Namdapha National Park in Arunachal Pradesh.
• The first-ever "Butterfly Conservation Meet-2024" was held from September 27 to 29.
• 40 butterfly enthusiasts from across India participated in the event.
• The event was focused on detailed butterfly records and further dissemination of the butterfly status.
• A total of 85 species of butterflies were observed during the meeting.
• This Butterfly Conservation Meet aims was to raise awareness about the importance of butterfly conservation in Kaziranga.

Explanation:

• Mera Hou Chongba 2024 has been celebrated in Imphal, Manipur.
• The Mera Hou Chongba 2024 is an annual festival to strengthen the cordial bond between the indigenous communities living in the hills and valleys.
• The State Level Organizing Committee observed the Mera Hou Chongba 2024 festival at Manipur Royal Palace.
• The titular King of Manipur, Leishemba Sanajaoba, who is also a sitting MP (Rajya Sabha) hosted a reception ceremony for the village chief.
• The celebration started with the rituals of Men Tongba and Yenkhong Tamba at Kangla Uttra.
• On this occasion, gifts were exchanged and cultural programs among the indigenous communities were observed.

Explanation:

• India’s trade deficit reached a five-month low of $20.78 billion in September 2024.
• India’s merchandise trade deficit declined to a five-month low of $20.78 billion in September.
• The trade deficit has declined from $29.65 billion in August to $20.78 billion in September.
• Merchandise exports rose marginally to $34.58 billion in September from $34.41 billion in the year-ago period.
• Merchandise imports stood at $55.36 billion in September as compared to $54.49 billion in the last year.
• Services exports rose to $30.61 billion in September from $28.42 billion in the same period last year.
• Services exports stood at $30.69 billion in August, $28.43 billion in July, and $30.27 billion in June.
• The WTO expects trade volumes to grow by 2.6% in 2024 and 3.3% in 2025.
• The US, the UAE, the Netherlands, the UK and China were India’s major export destinations.

Explanation:

• CJI Chandrachud nominates Justice Khanna as his successor.
• Justice Sanjiv Khanna will become the 51st Chief Justice of India.
• He will serve a tenure of six months, ending on May 13, 2025, before his retirement.
• Justice Sanjiv Khanna is the second-most senior judge of the Supreme Court.
• DY Chandrachud will retire on November 8 after completing a two-year term.
• He started his legal career at the Tis Hazari district courts.
• In 2005, Justice Khanna was elevated to the position of additional judge at the Delhi High Court.
• He is one of the few judges of the Supreme Court who hasn’t served as Chief Justice of any High Court.
• Justice Sanjiv Khanna was also part of a five-judge bench that recently declared the electoral bond scheme unconstitutional.