DAILY CURRENT AFFAIRS: 24 July 2024

Cultural Property Agreement

Why in News: Recently, the Governments of India and the United States signed the inaugural ‘Cultural Property Agreement’ at Bharat Mandapam in New Delhi, during the 46th World Heritage Committee meeting.

India, US sign 'Cultural Property Agreement' for retrieval of antique  objects | Latest News India - Hindustan Times

About the Cultural Property Agreement

  • Objective: The agreement aims to prevent and curb the illicit trafficking of antiquities from India to the USA.
  • Alignment with International Conventions: It aligns with the 1970 UNESCO Convention on the Means of Prohibiting and Preventing the Illicit Import, Export, and Transfer of Ownership of Cultural Property, to which both countries are signatories.
  • Scope of Restrictions: The agreement restricts the importation into the USA of certain archaeological materials dating from 1.7 million years ago to 1770 CE and certain ethnological materials. These include categories of civic, religious, and royal architectural materials, religious items, ceremonial objects, and manuscripts ranging from the 2nd century BCE to 1947 CE.
  • Return of Forfeited Objects: As per the agreement, the USA will return any object or material on the Designated List that is forfeited to the US Government back to India.
  • Precedents: The USA has already executed similar agreements with countries such as Algeria, Belize, Bolivia, Bulgaria, Cambodia, Chile, China, Colombia, Costa Rica, Cyprus, Ecuador, Egypt, El Salvador, Greece, Guatemala, Honduras, Italy, Jordan, Mali, Morocco, Peru, and Turkey.
  • Significance: The agreement facilitates the quick seizure of Indian antiquities at US Customs and ensures their repatriation to India.

 

Climate Finance Action Fund

Why in News: Azerbaijan, the host of the 29th Conference of Parties to the United Nations Framework Convention on Climate Change, has announced the creation of a new fund named the ‘Climate Finance Action Fund’.

Azerbaijan launches Climate Finance Action Fund

About Climate Finance Action Fund

  • Capitalisation: Funded by contributions from fossil fuel-producing countries and companies across oil, gas, and coal sectors. Azerbaijan is a founding contributor.
  • Launch: Introduced as part of 14 initiatives during the COP29 thematic days.
  • Public-Private Partnership: Designed as a catalytic public-private partnership to mobilise the private sector and mitigate investment risks.
  • Special Facilities: Contains concessional and grant-based support facilities to address natural disasters in developing countries.
  • Operational Phase: Will become operational after raising an initial $1 billion and securing commitments from 10 contributing countries as shareholders.
  • Developing Countries: Fifty percent of the capital will support climate projects in developing countries focusing on mitigation, adaptation, and research and development.
  • NDC Support: Fifty percent will help member countries meet their Nationally Determined Contributions (NDCs) to keep the 1.5°C temperature target within reach.
  • Rapid Response Funding Facility (2R2F): Twenty percent of revenues generated from investments will go into this facility, providing highly concessional and grant-based support.
  • Location: The fund’s secretariat will be based in Baku, Azerbaijan.

GROWTH-India Telescope

Why in News: Recently, the GROWTH-India Telescope achieved a significant observation by capturing a 116-meter, building-sized asteroid during its closest approach to Earth.

GROWTH-India Telescope's First Science Observation : Dharmakshethra - India  Unabridged

About GROWTH-India Telescope

  • First of its Kind: India’s first fully robotic optical research telescope.
  • Primary Mission: Observes explosive transients and variable sources, including near-Earth asteroids.
  • Indian Astronomical Observatory: Located at Hanle, Ladakh, at an elevation of 4500 meters above mean sea level, making it one of the highest observatory sites globally.
  • Collaborative Site: Shares the location with the Himalayan Chandra Telescope (HCT), the gamma-ray array telescope (HAGAR), and the imaging Cherenkov telescope (MACE).
  • Partnership: Built through collaboration between the Indian Institute of Astrophysics (IIA) and the Indian Institute of Technology Bombay (IITB).
  • Support: Funded by the Department of Science and Technology (DST) and the Indo-US Science and Technology Forum.
  • GROWTH Project: Part of the Global Relay of Observatories Watching Transients Happen (GROWTH), an international network of observatories.
  • Objective: Provides continuous monitoring of celestial events, ensuring uninterrupted data collection by overcoming the limitation of daylight interruptions through collaborative observations across the globe.

 

Daily Current Affairs Quiz

Graphics Processing Unit,International Day of Mathematics, ‘Vocal for Local’ Initiative, Sukanya Samriddhi Yojana (SSY), Promissory Note

1 / 5

Q.4. Consider the following statements about Graphics Processing Unit
1.Similar to a central processing unit (CPU), a GPU is a chip component found in computing devices.
2.GPUs operate through parallel processing, a technique in which numerous processors manage distinct segments of a given task simultaneously.
Choose the incorrect statement:

2 / 5

Q.1. What is the significance behind commemorating March 14 as the International Day of Mathematics?

3 / 5

Q.3. Consider the following statements with reference to the ‘Vocal for Local’ Initiative:

  1. It is a project led by NITI Aayog as part of its Aspirational Blocks Programme.
  2. Within this endeavor, products indigenous to 500 aspirational blocks have been identified and unified under the Aakanksha brand.

Which of the statements given above is/are correct?

4 / 5

Q.4. With reference to Sukanya Samriddhi Yojana (SSY), consider the following statements:

  1. This scheme is designed for young girls, focuses on small deposits.
  2. Individuals residing outside the country are not qualified to initiate these accounts.
  3. Families can open SSY scheme accounts without any specified upper limit.

How many of the above statements are correct?

5 / 5

Q.5. With reference to Promissory Note, consider the following:

  1. It represents a commitment in writing to reimburse a specific amount of money in return for a loan or alternative financial support.
  2. It is permissible only when backed by collateral.
  3. Promissory Notes issued within a particular Indian State cannot be submitted in a different State.

How many of the above statements are correct?

Your score is

The average score is 18%

0%

DAILY CURRENT AFFAIRS QUIZ

National Human Rights Commission (NHRC) and the Global Alliance for National Human Rights Institutions (GANHRI), National Human Rights Institutions (GANHRI), Chip 4 Initiative, objectives of the Chip 4 Initiative

1 / 5

Q.1. With reference to the Global Alliance for National Human Rights Institutions (GANHRI), consider the following statements:
1. GANHRI’s supreme deliberative body is the General Assembly.
2. The Bureau, the GANHRI executive committee, is comprised of 16 members, with 4 from each of GANHRI’s regional networks of Africa, Americas, Asia-Pacific, and Europe.
Which of the statements given above is/are correct?

2 / 5

Q.2. Regarding the accreditation of the National Human Rights Commission (NHRC) and the Global Alliance for National Human Rights Institutions (GANHRI), consider the following statements:
1.  NHRC’s lack of diversity was addressed through an amendment to the Protection of Human Rights Act in 2019.
2. ANHRI is responsible for reviewing and accrediting National Human Rights Institutions (NHRI) in compliance with the Paris Principles every three years.
Which of the statements given above is/are correct?

3 / 5

Q.3. With reference to the Chip 4 Initiative, consider the following statements:
1. The Chip 4 Initiative aims to increase chip exports to China.
2. It is also known as the “Fab 4” initiative and includes the U.S., Japan, Taiwan, and South Korea.
Which of the statements given above is/are correct?

4 / 5

Q.4. Regarding the objectives of the Chip 4 Initiative, consider the following statements:

  1. One of the objectives is to support industry efforts to concentrate their manufacturing base in China.
  2. The initiative aims to develop policies related to the export of the most advanced semiconductors and equipment.

Which of the statements given above is/are correct?

5 / 5

Q.5. With reference to the Chip 4 Initiative, consider the following statements:
1.The initiative includes the world’s top semiconductor-producing countries.
2.”Fab” in the “Fab 4” initiative refers to the fabrication plants.
Which of the statements given above is/are correct?

Your score is

The average score is 0%

0%

DAILY CURRENT AFFAIRS QUIZ

Factor cost of a good, MedTech Mitra portal, tigers in India, Pong Dam Wildlife Sanctuary, Battery Energy Storage Systems (BESS)

1 / 5

Q.1. Consider the following statements:
1. In renewable energy storage installations, India ranks as the fifth-largest country globally.
2. Battery Energy Storage Systems (BESS) operate on the principle of transmitting electricity directly across extended distances.

Which of the statements given above is/are correct?

2 / 5

Q.2.Pong Dam Wildlife Sanctuary is located at

3 / 5

Q.3. Consider the following statements about tigers in India:
1.With a minimum count of 3,167 tigers, India hosts over 70% of the worldwide wild tiger population.
2.In the present year, nine tiger reserves obtained CA|TS accreditation.
3.India’s wild tiger population is experiencing a strong annual growth rate of 16%.

How many of the above statements is/are correct?

4 / 5

Q.4. Consider the following statements about MedTech Mitra portal
1.The online portal is designed to support medtech innovators by providing assistance in clinical evaluation, regulatory facilitation, and the adoption of new products.
2.A collaborative effort between the Ministry of Health and Family Welfare and the Ministry of Ayush, the portal operates under the guidance of NITI Aayog’s Atal Innovation Mission.

Choose the correct statements:

5 / 5

Q.5. The Factor cost of a good include(s) which of the following?
1. Payments for raw materials.
2. Wages to labour for production.
3. Taxes.

Select the correct answer using the code given below:

Your score is

The average score is 33%

0%

DAILY CURRENT AFFAIRS QUIZ

Human Poverty Index, Migrants, Human Development Report (HDR), population growth in India, factors influence the location of Urban Settlements

1 / 5

Q. 1. While calculating the Human Poverty Index, Which of the following parameters is/are taken into account?
1. The probability of not surviving till the age of 40
2. Adult literacy rate
3. Number of small children who are underweight

Select the correct answer using the code given below.

2 / 5

Q.2. Consider the following statements:
1. A migrant is both an immigrant and an emigrant at the same time.
2. Migrants who move into a new place are called emigrants while migrants who move out of a place are called immigrants.

Which of the statements given above is/are incorrect?

3 / 5

Q.3. Consider the following statements:
1. Human Development Report (HDR) is an annual report published by the Human Development Report Office of the United Nations Development Programme (UNDP).
2. Human Development Report Office releases the Gender Inequality Index.
3. The first HDR was launched in 1990 by the Pakistani economist Mahbub ul Haq and Indian Nobel laureate Amartya Sen.

How many of the statements given above is/are correct?

4 / 5

Q.4. With respect to population growth in India , consider the following statements:
1. Phase 1 (1901-1920) is characterized as a stagnant or stationary phase
2. In the period of steady population growth, the crude birth rate remained high.
3. Increased international migration, involving Tibetans, Bangladeshis, Nepalese, and individuals from Pakistan, played a role in the elevated growth rate in phase 3 of population growth.

Select the correct answer using the code given below.

5 / 5

Q.5. Which of the following factors influence the location of Urban Settlements?
1. Proximity to trade routes
2. Natural Defence
3. Raw material and local energy supplies
4. Valuable minerals

Select the correct answer using the code given below.

Your score is

The average score is 30%

0%

DAILY CURRENT AFFAIRS QUIZ

1 / 5

Q.1. What is the significance behind commemorating March 14 as the International Day of Mathematics?

2 / 5

Q.2. Consider the following statements
1. Hydrochlorofluorocarbons (HCFCs) function as substances that contribute to ozone depletion (ODS) and act as potent greenhouse gases simultaneously.
2. The Kigali Amendment, an extension of the Montreal Protocol, targets an 80% reduction in the consumption of hydrofluorocarbons (HFCs) by the year 2047.
Choose the incorrect statement:

3 / 5

Q.3. Which of the following best describes a ballistic missile?

4 / 5

Q.4. Consider the following statements regarding the Islamic Reform Movements during 19th century in British India:
1.The Ahmadiya movement embraced a progressive perspective, advocating against practices such as polygamy, the veiling of women, and traditional divorce rules.
2.The Deoband Movement sought to disseminate the unadulterated teachings of the Quran and Hadith among Muslims.

Which of the statements given above is/are not correct?

5 / 5

Q.5. Consider the following statements with reference to Ebola:
1. The disease is attributed to viruses primarily located in sub-Saharan Africa.
2. At present, there exists no recognized treatment for this ailment.
Which of the statements given above is/are correct?

Your score is

The average score is 60%

0%

DAILY CURRENT AFFAIRS QUIZ

Ninth Schedule, Coalition Governments, lawsuits by or against the government, responsibilities and obligations of the Chief Electoral Officer (CEO) in India, International Customary Law

1 / 5

Q.1. The Ninth Schedule was incorporated into the Indian Constitution while the Prime Minister in office was.

2 / 5

Q.2. Consider the following statements with reference to the Coalition Governments:
1. The Janta Party established the inaugural coalition government at the national level in India in 1977.
2. For a group to be designated as a coalition, it necessitates the participation of a minimum of three political parties.
3. A coalition government consistently operates in accordance with a shared minimal agenda or program.
Which of the above-given statements is/are correct?

3 / 5

Q.3. With reference to the lawsuits by or against the government, consider the following statements:
1. When initiating legal proceedings against the central government, it is appropriate to use the term ‘Government of India’ as the reference.
2. An entity has the option to institute a legal action against the government for violating contractual obligations.
3. In India, the government can face legal action for civil misconduct committed by its officials in the course of carrying out non-sovereign duties.
Which of the statements given above is/are correct?

4 / 5

Q.4. What are the responsibilities and obligations of the Chief Electoral Officer (CEO) in India?
1. He guarantees the setup of election facilities and conducts demonstrations of Electronic Voting Machines (EVMs) in each district.
2. He assesses the state’s law and order conditions during the electoral process.
3. He assigns symbols to candidates participating in the elections.
4. He examines the nomination forms submitted by candidates running for office.
Select the correct answer using the code given below.

5 / 5

Q.5. With reference to ‘International Customary Law’, consider the following statements:
1.International Customary Law is established based on widely accepted practices that function as legal norms in different nations.
2.These regulations lack the force of binding legal rules since they are not underpinned by international agreements or treaties.
3.The Indian judicial and legal system does not acknowledge the legitimacy of this legal framework.
Which of the statements given above is/are correct?

Your score is

The average score is 13%

0%

DAILY CURRENT AFFAIRS QUIZ

Cholederm, aspartame, tobacco cultivation

1 / 5

Q.1. With reference to tobacco cultivation, consider the following statements:

1.Nicotiana tabacum and N. rustica are the two varieties commonly cultivated for producing commercial tobacco.
2. N. rustica is widely cultivated in most countries of the world, while N. tabacum is restricted to India, Russia, and a few other Asiatic countries.
Which of the statements given above is/are correct?

2 / 5

Q.2. Concerning the top producers of tobacco in India, consider the following statements:
1.Gujarat has the highest production and productivity of tobacco in India.
2.Andhra Pradesh follows Gujarat in tobacco production in India.
Which of the statements given above is/are correct?

3 / 5

Q.3. With reference to aspartame, consider the following statements:

1.The International Agency for Research on Cancer (IARC) categorizes aspartame as “possibly carcinogenic” to humans.
2.Aspartame is about 200 times sweeter than table sugar.
Which of the statements given above is/are correct?

4 / 5

Q.4. Regarding the chemical composition of aspartame, consider the following statements:
1.Aspartame consists of three amino acids – L-aspartic acid, L-phenylalanine, and L-methionine.
2.Aspartic acid is produced naturally by your body, and phenylalanine is an essential
amino acid that is intaken from food.
Which of the statements given above is/are correct?

5 / 5

Q.5. What is Cholederm?

Your score is

The average score is 40%

0%

DAILY CURRENT AFFAIRS QUIZ

Global Alliance for National Human Rights Institutions (GANHRI), National Human Rights Commission (NHRC) and the Global Alliance for National Human Rights Institutions (GANHRI), Chip 4 Initiative, objectives of the Chip 4 Initiative, 

1 / 5

Q.1.With reference to the Global Alliance for National Human Rights Institutions (GANHRI), consider the following statements:
1. GANHRI’s supreme deliberative body is the General Assembly.
2. The Bureau, the GANHRI executive committee, is comprised of 16 members, with 4 from each of GANHRI’s regional networks of Africa, Americas, Asia-Pacific, and Europe.
Which of the statements given above is/are correct?

2 / 5

Q.2. Regarding the accreditation of the National Human Rights Commission (NHRC) and the Global Alliance for National Human Rights Institutions (GANHRI), consider the following statements:
1. NHRC’s lack of diversity was addressed through an amendment to the Protection of Human Rights Act in 2019.
2. GANHRI is responsible for reviewing and accrediting National Human Rights Institutions (NHRI) in compliance with the Paris Principles every three years.
Which of the statements given above is/are correct?

3 / 5

Q.3. With reference to the Chip 4 Initiative, consider the following statements:
1. The Chip 4 Initiative aims to increase chip exports to China.
2. It is also known as the “Fab 4” initiative and includes the U.S., Japan, Taiwan, and South Korea.
Which of the statements given above is/are correct?

4 / 5

Q.4. Regarding the objectives of the Chip 4 Initiative, consider the following statements:

1.One of the objectives is to support industry efforts to concentrate their manufacturing base in China.
2.The initiative aims to develop policies related to the export of the most advanced semiconductors and equipment.
Which of the statements given above is/are correct?

5 / 5

Q.5. With reference to the Chip 4 Initiative, consider the following statements:
1. The initiative includes the world’s top semiconductor-producing countries.
2. “Fab” in the “Fab 4” initiative refers to the fabrication plants.
Which of the statements given above is/are correct?

Your score is

The average score is 60%

0%

DAILY CURRENT AFFAIRS QUIZ

VRRR auctions, Reverse Repo, Repo Rate, N. rustica, N. tabacum, Tobacco cultivation in India, Tobacco Board

1 / 5

Q.1. Consider the following statements:
1. The VRRR auction is a monetary policy tool aimed at injecting liquidity into the banking system.
2. Reverse Repo refers to the rate at which the RBI borrows money from commercial banks.
3. Repo Rate is utilized by monetary authorities to regulate inflation by controlling the money supply.

Which of the statements given above are incorrect?

2 / 5

Q.2. Considering Reverse Repo and its functions, evaluate the following statements:
1. Reverse Repo is a tool to control the money supply within the country.
2. It involves the RBI paying interest to commercial banks for excess cash reserves held with the central bank.
Select the correct answer using the code given below:

3 / 5

Q.3. With reference to Tobacco Cultivation, which of the following statements is/are correct?
1. N. rustica is extensively cultivated in various countries across the globe for commercial tobacco production.
2. The highest production and productivity of N. tabacum in India occur in the state of Gujarat.
Select the correct answer using the code given below:

4 / 5

Q.4. Consider the following statements

  1.  Tobacco cultivation in India was initiated by British colonialists in the 18th century.
  2.  Tobacco cultivation requires a high amount of rainfall, preferably exceeding 1500 mm during the season.

Select the correct answer using the code given below:

5 / 5

Q.5. With reference to the Tobacco Board, which of the following statements is/are correct?
1. The Tobacco Board operates under the Ministry of Agriculture and Farmers’ Welfare.
2. Its headquarters are situated in Visakhapatnam, Andhra Pradesh.
Select the correct answer using the code given below:

Your score is

The average score is 20%

0%

DAILY CURRENT AFFAIRS QUIZ

English success over French, Ramakrishna Parmahamsa, Ramabai Ranade, Financing Agrochemical Reduction and Management Programme (FARM), Vitamin D

1 / 5

Q.1. Consider the following statements with respect to Vitamin D:
1. Vitamin D is a type of vitamin that dissolves in fat.
2. Consuming too much Vitamin D can result in the condition known as Hypercalcemia.
3. The recommended daily intake of vitamin D for humans is 10 micrograms.
How many of the above statement(s) is/are correct?

2 / 5

Q.2. Consider the following statements about Financing Agrochemical Reduction and Management Programme (FARM)
1. The objective is to prevent the release of harmful persistent organic pollutants into the environment resulting from the utilization of detrimental chemicals in agriculture.
2. The initiative is overseen by the UN Environment Programme (UNEP) with backing from the Global Environment Facility (GEF).
3. India abstains from participation in this program due to its prohibition on the use of chemical fertilizers.
How many of the statements given above are correct?

3 / 5

Q.3. Which of the following are the causes for the English success over French?
1. The English company operated as a privately owned enterprise, while the French company was under the control and regulation of the French government.
2. The superiority of the English navy over its French counterpart was evident.
3. The English controlled three significant locations—Calcutta, Bombay, and Madras—while the French held only Pondicherry.
4. The French prioritized territorial ambitions over commercial interests, leading to a shortage of funds for the French company.

Select the correct answer using the code given below:

4 / 5

Q.4. Consider the following statements:

1.Ramakrishna Paramahansa emphasised that the service of man was the service of God.
2.Swami Vivekananda was the disciple of Ramakrishna Paramahansa.
3.The Ramakrishna Mission laid emphasis on personal salvation.

How many of the above statements is/are correct?

5 / 5

Q.5. Consider the following statements regarding Ramabai Ranade:
1.In Bombay, she initiated the establishment of the ‘Hindu Ladies Social and Literary Club.’
2.She played a foundational role as one of the creators of Seva Sadan.
3.The authorship of ‘Stree Purush Tulana’ (or ‘Comparison of Men and Women’) is attributed to her.
Which of the statements given above is/are correct?

Your score is

The average score is 33%

0%

Daily Current Affairs Quiz

Ebola, UN Security Council, Anchor banks, Nomination Procedure in Lok Sabha, Kashmir Hangul

1 / 5

Q.1. Consider the following statements about Kashmir Hangul
1. Exclusive to the Kashmir hills, this species is confined to the boundaries of Dachigam National Park.
2. Identified as critically endangered according to the IUCN Red List.
3. Designated as the official State animal of Jammu and Kashmir.
Which of the above statements are correct?

2 / 5

Q.2. Consider the following statements about Nomination Procedure in Lok Sabha
1. Any Indian citizen listed as a voter is eligible to nominate themselves for a Lok Sabha seat.
2. The nomination form, accompanied by the specified security deposit, can be submitted to the District Election Officer.
Choose the incorrect statement:

3 / 5

Q.3. Which of the following correctly describes the concept of ‘Anchor banks’?

4 / 5

Q.4. Consider the following statements with respect to the ‘UN Security Council’:
1. Comprising 5 member states with permanent status and 10 member states with non-permanent status serving terms of 2 years each.
2. The principle of “veto power” within the UN Security Council grants exclusive authority to the Secretary-General to veto resolutions.
3. The United Nations Security Council (UNSC) does not hold the authority to approve the admission of new member states to the United Nations.
Which of the statements given above are correct?

5 / 5

Q.5. Consider the following statements with reference to Ebola:
1. The disease is attributed to viruses primarily located in sub-Saharan Africa.
2. At present, there exists no recognized treatment for this ailment.
Which of the statements given above is/are correct?

Your score is

The average score is 65%

0%

DAILY CURRENT AFFAIRS QUIZ

No religion, No caste, and No God for mankind, Sahadran Ayyappan, Islamic Reform Movements, Majeed Brigade, Battle of Okinawa, Great Indian Bustard (GIB)

1 / 5

Q.1.Consider the following statements with respect to the Great Indian Bustard (GIB):
1. It holds the distinction of being the State Bird of Rajasthan.
2. It is classified as Critically Endangered by the IUCN.
Choose the correct statement:

2 / 5

Q.2. Consider the following statements about Battle of Okinawa
1. The conflict occurred between American and Japanese troops and is considered the final significant engagement of World War II.
2. The defeat in this battle by Japanese forces played a direct role in shaping the American choice to deploy atomic bombs against Japan.
Choose the incorrect statement:

3 / 5

Q.3. Recently, the ‘Majeed Brigade’ was in the news. Which one of the following best describes it?

4 / 5

Q.4. Consider the following statements regarding the Islamic Reform Movements during 19th century in British India:
1.The Ahmadiya movement embraced a progressive perspective, advocating against practices such as polygamy, the veiling of women, and traditional divorce rules.
2.The Deoband Movement sought to disseminate the unadulterated teachings of the Quran and Hadith among Muslims.

Which of the statements given above is/are not correct?

5 / 5

Q.5. The attribution of the statement “No religion, No caste, and No God for mankind” is associated with:

Your score is

The average score is 70%

0%