Daily Current Affairs Quiz: July 1 2024

Solution: Option A.)

Ans (A)
The Yogi Adityanath government in Uttar Pradesh has decided to set up a bioplastic park in the state to deal with the problem of environmental pollution caused by petroleum derivative-based plastic products in the state.
The chief minister has directed that the project shall be completed as soon as possible.
The bioplastic park to be developed on 1000 hectares of land will be constructed in Kumbhi village, Gola Gokarnnath tehsil, Lakhimpur Kheri district. The project will be developed with an estimated cost of Rs 2000 crore.
The state-based Balrampur Chini Mill will construct the proposed bioplastic park.
The state government has made the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) the nodal agency for the development of the bioplastic park.

Solution: Option D.)

Ans (D)
The Defence Defence Research and Development Organisation (DRDO) successfully tested the High-Speed Expendable Aerial Target (HEAT) ‘ABHYAS’ at the Integrated Test Range (ITR), Chandipur, Odisha.
According to the DRDO, the ABHYAS system has successfully conducted 10 developmental flights, demonstrating the reliability of the system.
With the final successful testing of the ABHYAS system, it is now ready for production and induction in the Indian armed forces.
The DRDO’s Aeronautical Development Establishment, Bengaluru, has designed the ABHYAS system.
It is being produced by the public sector undertaking the Hindustan Aeronautics Limited and the private sector company Larsen & Toubro.

Solution: Option C.)

Ans (C)
In its latest Migration and Development Brief, the World Bank expects India to receive inward remittances worth $124 billion in 2024.
In 2023, India received inward remittances worth $120 billion, making it the largest remittance recipient country in the world.
The growth rate of remittances to India was 7.5 percent in 2023, and it is likely to be 3.7 percent in 2024.
India is the largest recipient of remittance in the world, followed by Mexico ($66 billion), China ($50 billion), the Philippines ($39 billion), and Pakistan ($27 billion).
India also remained the largest country of origin for emigrants (18.7 million), followed by Ukraine (11.9 million), China (11.1 million), Mexico (11 million), and Venezuela (8.9 million).
The Migration and Development Brief is published by the World Bank twice a year, and the latest report was published in June 2024.
In accounting terms, the country from which the fund is being sent will be accounted as an outward remittance, and the country that is receiving the fund will be accounted as an inward remittance.

Solution: Option B.)

Ans (B)
Every year since 2007, India has celebrated 29 June as Statistics Day in memory of Prof Prasanta Chandra Mahalanobis who was born on this day in 1893 in Kolkata(then Calcutta), West Bengal.
However, it is worth remembering that World Statistics Day is observed on 20 October.
The government of India decided during the Prime Ministership of Dr Manmohan Singh decided to observe the birthday of Prof Prasanta Chandra Mahalanobis.
The first Statistics Day was observed on 29 June 2007.
The annual Statistic Day is observed with a theme that has a contemporary relevance. The theme of the 18th Statistics Day 2024 is “Use of data for decision-making”.

Solution: Option C.)

Ans (C)
Turkey successfully exits the FATF ‘grey list’ after addressing money laundering and terrorist financing concerns.
The decision was announced at a FATF plenary meeting in Singapore following recent evaluations.
Turkey was downgraded to the “grey list” in 2021.
Financial Action Task Force:
Founded: July 1989
Headquarters: Paris, France

Solution: Option B.)

Ans (B)
SEVENTEEN Named UNESCO’s First Youth Goodwill Ambassadors.
SEVENTEEN was inaugurated as UNESCO’s inaugural Goodwill Ambassadors for Youth at Paris headquarters.
They pledged 1 million USD to the Global Youth Grant Scheme, emphasizing global youth empowerment.
SEVENTEEN aims to foster inclusive communities through their #GoingTogether campaign, promoting unity and support worldwide.
UNESCO Director-General: Audrey Azoulay

Solution: Option A.)

Ans (A)
European Union (EU) leaders gathered in Brussels recently to settle on the bloc’s leadership for the next five years.
Ursula von der Leyen, Antonio Costa, and Kaja Kallas were nominated to prominent EU positions at the summit.
Ursula von der Leyen secured her second term as President of the European Commission, while Antonio Costa, former Prime Minister of Portugal, was appointed President of the European Council.
Kaja Kallas, the Estonian Prime Minister, was nominated for the role of High Representative for Foreign Affairs and Security Policy.
The European Council (informally EUCO) is a collegiate body (directorial system) that defines the overall political direction and priorities of the European Union.

Solution: Option D.)

Ans (D)
India has made a contribution of 1.16 million dollars to the United Nations for the promotion of Hindi.
R. Ravindra, the charge d’affaires of India’s Permanent Mission, handed over the cheque to Ian Phillips, the director of the News and Media Division of the UN’s Department of Global Communications (DGC).
India partnered with the DGC in 2018 when the Hindi @ UN project was launched.
The United Nations produces an audio Hindi news bulletin every week on matters relating to the world organization.

Solution: Option B.)

Ans (B)
Denmark plans to implement a tax on livestock farmers starting in 2030, making it the first nation to do so.
This initiative targets methane emissions from cows, sheep, and pigs, which are significant contributors to global warming.
The goal is to achieve a 70 percent reduction in Danish greenhouse gas emissions from 1990 levels by the year 2030.

Solution: Option C.)

Ans (C)
Sanjana Thakur 26 years old, writer from Mumbai, beat competition from over 7,359 entrants worldwide to be named the winner of the GBP 5,000 Commonwealth Short Story Prize 2024 in London.
The Commonwealth Short Story Prize is an annual award for unpublished short fiction administered and funded by the Commonwealth Foundation.
The prize covers the Commonwealth regions of Africa, Asia Canada, Europe, the Caribbean, and the Pacific.