Study Material

DAILY GK DOSE 3rd  AUG -2024 CURRENT AFFAIRS

TEACHERS’ VISION | BANK PO – CLERK |SSC| GOVT JOBS

DAILY DOSE 3rd  AUG -2024 CURRENT AFFAIRS

 

1) Axis Of Resistance:

  • The Hamas leader was assassinated in an airstrike in Tehran and experts believe that Iran could hike up attacks against Israel through its allies – Axis of resistance.
  • Axis of resistance is a coalition of Iranian-backed groups.
  • The coalition’s name is said to be inspired by former US President George W Bush’s use of the term ‘axis of evil’ — referring to Iran, Iraq and North Korea.
  • The roots of the ‘axis of resistance’ go back to the Iranian Revolution of 1979, which paved the way for radical Shia Muslim clerics to come to power.
  • To expand its political and military influence in a region where most powers such as US-ally Saudi Arabia are Sunni-majority nations, Iran’s new regime began to support non-state actors.

 

2) Krishna Raja Sagar (KRS) Dam:

  • Karnataka has begun releasing Cauvery water to Tamil Nadu from the Krishna Raja Sagar (KRS) dam and Kabini reservoir, following a directive from the Cauvery Water Management Authority (CWMA).
  • Krishnaraja Sagar (KRS) Dam is on the river Kaveri and tributaries Hemavathi and Lakshmana Theertha in Mandya, Karnataka.
  • Named after Maharaja Krishna Raja Wadiyar IV, built between 1911 and 1931, designed by Sir M. Visvesvaraya.
  • Objectives: Irrigation, hydroelectric power, drought mitigation.

 

3) Women Entrepreneurship Program:

  • The National Skill Development Corporation (NSDC) unveiled the Women Entrepreneurship Program to empower women entrepreneurs and spur economic growth.
  • Women Entrepreneurship Program is designed to address the distinct challenges that women face when starting and growing businesses.
  • This initiative aims to empower approximately 25 lakh women across India, providing them with the skills, knowledge, and resources needed to start and grow successful businesses.
  • It is in partnership with Britannia Industries Limited.
  • The initiative will also offer financial grants and feature their products and services on the Skill India Digital Hub, reflecting a strong commitment to fostering an inclusive environment for women entrepreneurs.

 

4) Pumped Storage Hydropower:

  • Budget 2024-25 promised that “a policy for promoting pumped storage projects will be brought out for electricity storage.
  • Pumped Storage Hydropower (PSH) is a type of hydroelectric energy storage.
  • It is a fundamentally simple system that consists of two water reservoirs at different elevations.
  • When there is excess electricity available, such as during off-peak hours or from renewable sources like solar and wind, it is used to pump water from the lower reservoir to the upper reservoir.
  • When there is a demand for electricity, the water is released from the upper reservoir back down to the lower reservoir, passing through turbines that generate electricity.

 

5) Surrogate Advertising:

  • The Union Health Ministry recently asked both the Sports Authority of India (SAI) and the Board of Control for Cricket in India (BCCI) to bring in measures to prevent surrogate advertisement of tobacco and or alcohol related products by sportspersons.
  • Surrogate Advertising refers to a form of advertisement that duplicates the brand image of one product to promote another product of the same brand.
  • The word surrogate means a ‘substitute’. Usually, brands use surrogate advertising to promote products that cannot be advertised directly due to legal or social restrictions.
  • Surrogate goods could either resemble a similar commodity or an entirely different product. Meaning, companies advertise their products and services by disguising them for some other product under the same brand name.

 

6) Disaster Management (Amendment Bill), 2024:

  • The Government recently introduced the Disaster Management (Amendment) Bill 2024 in the Lok Sabha.
  • Disaster Management (Amendment Bill), 2024 seeks to amend the Disaster Management Act, 2005, which was enacted to provide for the effective management of disasters.
  • The bill makes provision for the constitution of “Urban Disaster Management Authority” for State capitals and large cities having municipal corporations, except the union territories of Delhi and Chandigarh.
  • The bill empowers the National Disaster Management Authority (NDMA) and the State Disaster Management Authorities to prepare the disaster plan at the national level and state level, respectively, instead of the plans made by the National Executive Committee and the State Executive Committees earlier.

 

7) Ransomware Attack Disrupts Bank Operations:

  • A ransomware attack severely disrupted the operations of at least 150-200 cooperative banks and Regional Rural Banks (RRBs) in India.
  • The National Payments Corporation of India (NPCI) has identified the attack, which has primarily affected banks serviced by C-Edge Technologies Ltd., a joint venture between Tata Consultancy Services Ltd. (TCS) and State Bank of India (SBI).
  • The ransomware attack targeted C-Edge Technologies Ltd., impacting their ability to provide services to cooperative banks and RRBs.
  • Customers of the affected banks were unable to access payment systems, including Unified Payments Interface (UPI) and Aadhaar-enabled payment systems (AePS).

 

8) Bharatiya Vayuyan Vidheyak 2024:

  • The Bharatiya Vayuyan Vidheyak is set to replace the British Era Aircraft Act 1934
  • The Act has been amended multiple times to enhance safety, and oversight, and align with international conventions, creating ambiguities and confusion for stakeholders.
  • Important Provisions:
  • Revised Aircraft Definition: Balloons and gliders were removed from the definition.
  • Empowerment for Rule-Making:
  • The Central Government is empowered to make rules to implement international civil aviation conventions.
  • Examples include the Chicago Convention (1944) and the International Telecommunication Convention (1932).

 

9) Fully Accessible Route (FAR) : RBI

  • The Reserve Bank of India’s (RBI) recent decision to exclude new 14-year and 30-year government securities (G-Secs) from the Fully Accessible Route (FAR) may unsettle bond markets, potentially causing yield spikes for these securities.
  • Experts warn that this exclusion could erode investor confidence, reduce participation, and increase yields due to diminished foreign portfolio investor (FPI) demand.
  • FPIs generally prefer stable regulatory environments, and changes can lead to uncertainty and adjustments in investment strategies.
  • Despite this, large domestic investors are expected to absorb the fresh supply of these tenors.

 

10)  mRNA Vaccine Development Against Human Avian Influenza (H5N1):

  • A new initiative to develop and distribute mRNA vaccines for human avian influenza (H5N1) in low- and middle-income countries (LMICs), in collaboration with the World Health Organization (WHO) and the Medicines Patent Pool (MPP).
  • The project is part of the mRNA Technology Transfer Programme, established in 2021 to enhance vaccine production capacity in LMICs.
  • Once successful, the knowledge and materials will be shared with other manufacturers to expedite vaccine development and strengthen pandemic preparedness.
  • The initiative aligns with ongoing efforts to improve the sharing of influenza viruses and vaccine access under the Pandemic Influenza Preparedness Framework.

 

 

Join us :

kolagift.com
slot gacor hari ini scatter hitam lagunarestoran.id