ALL EXAM QYUZ 04.06.2024

Explanation:

• StarTek has won the 2024 Fortress Cybersecurity Award for Organizational Excellence.
• This prestigious honor recognizes the company's exceptional cybersecurity commitment and unwavering dedication to protecting client data and privacy.
• The Fortress Cybersecurity Award honors companies and individuals leading the world in cybersecurity innovation.
• Winners are selected based on their dedication to developing solutions, raising awareness, and defending against the growing threat of cyberattacks.

Explanation:

• Bruhat Soma, a 12-year-old Indian-American from Florida won the title of Scripps National Spelling Bee Champion in Oxon Hill, Maryland, United States along with the Scripps Cup trophy and a cheque for US$50,000.
• Bruhat won by beating Faizan Zaki by nine points in the tie-breaker, spelling 29 words correctly.
• In the Scripps National Spelling Bee, 11 million participants attended worldwide, with Soma emerging as the most confident finalist.
• After this win, Soma becomes the 28th Indian-American to win the prestigious title, defeating 228 other contestants, including 7 finalists.
• Earlier, Bruhat competed at the competitions in 2022 (finishing joint 163rd) and 2023 (finishing joint 74th).

Explanation:

• NIMHANS Bengaluru has won the Nelson Mandela Award for Health Promotion for 2024.
• World Health Organization (WHO) honoured National Institute of Mental Health & Neuro Sciences (NIMHANS) with this award.
• Union Health Minister Dr. Mansukh Mandaviya congratulated NIMHANS.
• He called the award a recognition of India’s efforts in inclusive healthcare.
• The award has come at a time when NIMHANS is celebrating its 50th anniversary.
• NIMHANS is also celebrating the 70th anniversary of its predecessor, the All India Institute of Mental Health (AIIMH).
• Nelson Mandela Award for Health Promotion was established by WHO in 2019.
• It recognizes individuals, institutions, and organizations that have made significant contributions to health promotion.
• This year, NIMHANS has been recognized for its work in mental health.

Explanation:

• World Milk Day is observed every year on 1 June.
• The Food and Agriculture Organization (FAO) of the United Nations (UN) established World Milk Day in 2001.
• This day was established to recognize the importance of milk as a global food and to celebrate the dairy sector.
• This year’s theme focusses on celebrating the important role dairy plays in delivering quality nutrition to nourish the world.
• World Milk Day was first observed in the year 2001.
• According to production data of Food and Agriculture Organization Corporate Statistical Database(FAOSTAT), India is the highest milk producer in the world.

Explanation:

• For collaboration on research and training, the Armed Forces Medical Services (AFMS) have signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Hyderabad.
• The MoU was signed by Director General of Armed Forces Medical Services Lt Gen Daljit Singh, and Director of IIT Hyderabad Prof B S Murty.
• Its main aim is to foster innovation and research in developing novel medical devices.
• The MoU will facilitate student exchange programs, short-term courses for undergraduates, and faculty exchange initiatives.
• Drone-based patient transport, telemedicine innovations, the application of Artificial Intelligence in the medical field, and advancements in nanotechnology will be the main areas of collaboration.
• IIT Hyderabad's departments of Biotechnology, Biomedical Engineering, and Bioinformatics will provide the necessary technical expertise.

Explanation:

• Government of India has launched BIMReN initiative for PhD students.
• It is a joint initiative of the Ministry of External Affairs and the Bay of Bengal Programme-Inter Governmental Organization (BOBP-IGO).
• It will facilitate the sustainable development of the blue economy by networking with researchers and research institutions in BIMSTEC countries.
• It will enable PhD students from BIMSTEC countries to conduct doctoral research in India.
• Researchers and academic institutions involved in fisheries, marine or ocean sciences from across the BIMSTEC countries will get benefit from this program.
• BIMSTEC member countries will work together with a grant of up to INR 5 million per project of a tenure of 24 months.

Explanation:

• NSE Indices Limited launched the Nifty EV & New Age Automotive Index.
• This index will monitor the performance of businesses within the electric vehicle (EV) sector.
• This index is also designed to monitor the performance of businesses engaged in the advancement of new-age automotive vehicles and associated technology.
• It is a new thematic index. The base date of index is April 2, 2018. Its base value is 1000.
• It will be reconstituted semi-annually. It will be rebalanced on a quarterly basis.
• This would be the country’s first ever electric vehicle (EV) index.
• The new index will act as a benchmark for asset managers.
• It will be a reference index tracked passive funds as Exchange Traded Funds (ETFs), index funds and structured products.
• As of now, NSE hosts 17 thematic indices. These include Nifty Commodities, Nifty India Consumption, Nifty CPSE, Nifty Energy, and Nifty Infrastructure.

Explanation:

• Praggnanandhaa defeated Magnus Carlsen in a classical chess event for the first time.
• The match took place during the 3rd round of Norway Chess 2024.
• Praggnanandhaa, an 18-year-old Indian chess prodigy, played with the White pieces.
• He gained an early advantage in the game and converted it into a victory.
• With this win, Praggnanandhaa now leads the tournament with 5.5 points.

Explanation:

• DP Manu from India won the gold medal in Javelin throw at the Taiwan Athletics Open 2024, achieving a distance of 81.58 meters.
• Initially, he started with a throw of 78.32 meters, then improved to 80.59 meters in the third attempt.
• However, he clinched the top position in the competition during his sixth and final attempt, surpassing his previous mark.
• His final throw of 81.58 meters secured him the gold medal.

Explanation:

• RBI transferred 100 tonnes of gold from the UK to its domestic vaults in India.
• For the first time since 1991, RBI relocated more than 1 lakh kilograms of gold from the UK to India for logistical and storage reasons.
• This step will also assist RBI in saving storage costs that are paid to the Bank of England.
• In India, gold is stored in vaults located in the RBI’s old office building on Mumbai’s Mint Road and in Nagpur.
• As of March 31, 2024, the total gold held by the Reserve Bank was 822.10 metric tonnes.
• In August 1990, the then RBI Governor proposed keeping 15% of gold reserves abroad for emergency use. India’s foreign debt was approximately USD 72 billion in March 1990.
• 20 tonnes of gold worth USD 234 million were shipped abroad after government approval.
• The Bank of England has traditionally served as a repository of gold for many central banks, including India.
• The RBI has purchased 27.5 metric tons of gold in the last financial year.