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DAILY GK DOSE 29th MAY -2024 CURRENT AFFAIRS

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DAILY DOSE 29th MAY -2024 CURRENT AFFAIRS

 

1) Article 329(b) Of The Indian Constitution:

  • The Election Commission (EC) recently invoked Article 329(b) of the Constitution, which prohibits judicial intervention in the working of the commission in the middle of the election process.
  • Article 329(b) enshrined in Part XV of the Constitution, articles 324-329 specifically discuss elections.
  • While Article 324 gives the poll panel powers to direct and control elections, Article 329, which has two clauses, concerns itself with the role of the judiciary in electoral matters.
  • Article 329(a) says the “judiciary is not allowed to challenge the constitutionality of laws relating to the boundaries of electoral districts or the allocation of seats.
  • Article 329(b) as amended by the Constitution (19th Amendment) Act, 1966, provides that notwithstanding anything in the Constitution, no election to either House of Parliament or the Legislature of a State shall be called into question except by an election petition presented to such authority and in such manner as may be provided for by or under any law made by the appropriate Legislature.

 

2) Campi Flegrei : Recent Phenomenon

  • The strongest earthquake to hit Italy’s Campi Flegrei supervolcano region in decades struck recently.
  • Campi Flegrei is an active volcanic area located in the vicinity of Naples, Italy.
  • Unlike the nearby Mount Vesuvius, Campi Flegrei is not characterised by a single volcano.
  • It is more of a volcanic system, with several centres situated within a caldera (the depression created when emptying magma chambers causes the roof of a volcano to collapse).
  • The Campi Flegrei caldera has a diameter of about 12-15 km (7.5-9.3 miles).

 

3) ZiG : Reserve Bank Of Zimbabwe

  • To address its long-standing economic instability, the Reserve Bank of Zimbabwe (RBZ) has launched a new gold-backed currency called the ZiG.
  • The Zimbabwe Gold (ZiG) is a new gold-backed currency launched by Zimbabwe.
  • The ZiG, now the sixth currency used by Zimbabwe, has been in circulation since April 5, 2024.
  • The ZiG stands out as a new currency backed by gold reserves, ensuring its value is supported by the physical gold held by the government.
  • ZiG notes and coins will be available and issued in denominations: 1ZiG, 2ZiG, 5ZiG, 10ZiG, 20Zig, 50ZiG, 100ZiG and 200ZiG, with the gold backing aims to provide stability and prevent currency devaluation.

 

4) Business Responsibility And Sustainability Reporting Initiative:

  • Delhi-based think tank Centre for Science and Environment (CSE) welcomed the Business Responsibility and Sustainability Reporting (BRSR) initiative by the Securities and Exchange Board of India (SEBI).
  • Business Responsibility and Sustainability Reporting Initiative is a mandatory disclosure mechanism for top 1000 listed companies or businesses to report their performance on environmental, social and governance (ESG) aspects and demonstrate their commitment to responsible business practices.
  • It was introduced in May 2021 by the Securities and Exchange Board of India (SEBI).

Responsible Business Conduct introduced by SEBI:

  • Key performance indicators cover electricity consumption, water usage and air emissions.
  • Focus on human rights violations and minimum and fair wages.
  • Performance indicators include anti-corruption, anti-bribery and conflicts of interest policies.

 

 

5) INS Kiltan:

  • Indian Naval Ship Kiltan arrived at Muara, Brunei and was accorded a warm welcome by the Royal Brunei Navy
  • INS Kiltan is an indigenously-built anti-submarine warfare stealth corvette.
  • This is the third of the four Kamorta-class corvettes being built under Project 28.
  • The ship derives its name from one of the islands in Aminidivi group of the strategically located Lakshadweep and Minicoy group of islands.
  • Designed by the Indian Navy’s in-house organisation Directorate of Naval Design and built by Garden Reach Shipbuilders & Engineers (GRSE) in Kolkata.

 

6) Manama Declaration:

  • The Arab League called for UN peacekeeping forces in the Palestinian territories during a summit in Manama, Bahrain.
  • The “Manama Declaration” (Manama is the capital and largest city of Bahrain) urged international protection and UN peacekeeping forces in the occupied Palestinian territories until a two-state solution is achieved.
  • It also demanded an immediate ceasefire in Gaza and an end to forced displacement in the region.
  • Arab League is a regional organization of Arab states in the Middle East and parts of Africa.
  • Formed in Cairo on March 22, 1945, it aims to promote Arab interests and coordinate political, cultural, economic, and social programs among its members.

 

7) WIPO Treaty:

  • WIPO member states approved a historic new Treaty on intellectual property (IP), genetic resources (GR), and traditional knowledge (TK), following decades of negotiations.
  • It Ensures traditional knowledge is not exploited without permission or compensation.
  • Utilization: Genetic resources and traditional knowledge are often used in patented inventions and scientific research.
  • The Treaty marks the first WIPO Treaty to include provisions for Indigenous Peoples and local communities.

About WIPO:

  • The World Intellectual Property Organization (WIPO) was established in 1967 through the WIPO Convention, transforming the earlier United International Bureau for the Protection of Intellectual Property (BIPRI) into WIPO.

 

8) Eucalyptus : Government Order

  • The Kerala government issued an order allowing the Kerala Forest Development Corporation (KFDC) to plant eucalyptus trees for its financial sustenance in 2024-2025.
  • Environmentalists soon protested the decision saying the move would adversely affect forests and heighten human-animal conflicts in future.
  • In 2021, the State government had published an eco-restoration policy. Among other things, it sought to address what it called the “proliferation of invasive species that are not suitable for our environment” and the resulting “depletion of natural forests”.

 

9) Archery World Cup 2024:

  • India won 2 medals (1 gold and 1 silver) in the Archery World Cup 2024 Stage 2 held from 21st to 26th May 2024 in Yecheon, Republic of Korea(South Korea).
  • The Indian women’s compound team of Aditi Gopichand Swami, Jyothi Surekha Vennam and Parneet Kaur won the gold medal defeating the Turkish team of Hazal Burun, Ayse Bera Suzer and Begum Yuva.
  • India’s mixed archery team of Jyothi Surekha Vennam and Priyansh won the silver medal. They were defeated by Olivia Dean and Sawyer Sullivan of the United States of America (USA) in the finals.

 

10)  National Fossil Park In Ghugwa : Madhya Pradesh

  • Archaeologists from Ashoka University recently unearthed prehistoric artefacts made from fossil wood at the National Fossil Park in Ghugwa, Madhya Pradesh.
  • Ghughwa National Fossil Park located in the Dindori district, Madhya Pradesh, was established as a National Park in 1983.
  • Situated in a tropical dry deciduous landscape, it boasts fossilized plants dating back between 40 million and 150 million years ago.
  • The park is renowned for its preserved fossils of various woody plants like eucalyptus, date palm, and neem, as well as climbers, leaves, flowers, fruits, and even dinosaur egg fossils.

 

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