In Current Affairs for 24 May 2024, we will see the latest national and international current affairs news. These important current affairs will be beneficial for your upcoming NDA, CDS, CDS OTA, AFCAT, TA, Agniveer Army, Agniveer Navy, Agniveer Air Force, Women Military Police, INET, MNS, ACC exams, SCO, PCSL, CAPF, and SSB interviews, and direct entries for Army, Navy, and Air Force like SSC Tech, TGC, JAG, NCC, TES, 10+2 Cadet. Download a PDF file about current events at the end of this article. Let us now see the Current Affairs.
Current Affairs 24 May 2024
Pandit Raghunath Murmu
- President Droupadi Murmu Paid Tributes To Santhali Writer Pandit Raghunath Murmu On His Birth Anniversary. President Murmu Said That By Developing Ol Chiki Script He Gave New Identity To Santhali Language. His Contribution To The Promotion Of Santhali Language Has Also Enhanced Opportunities For Santhali People And Made Them More Aware Of Their Rich Cultural Heritage.
EU Approves World’s First Major AI Law
- European Union has given the final green light to the AI Act, marking a historic step in regulating artificial intelligence. This groundbreaking legislation establishes comprehensive rules to ensure trust, transparency, and accountability in AI technologies while fostering innovation within Europe.
- The EU Commission will enforce the AI Act with the authority to impose fines of up to €35 million ($38 million) or 7% of a company’s annual global revenue, whichever is higher. This stringent measure underscores the EU’s commitment to robust AI regulation.
- The AI Act categorizes AI applications based on their risk levels. It bans “unacceptable” applications such as social scoring, predictive policing, and emotional recognition in sensitive environments like workplaces and schools. High-risk AI systems, including autonomous vehicles and medical devices, are subject to rigorous evaluation to protect health, safety, and fundamental rights. The Act also addresses AI applications in finance and education to prevent bias.
- U.S. technology firms are closely monitoring the AI Act, given its unique and detailed regulatory framework. These companies, especially those involved in generative AI, must ensure compliance with the new law, which includes adhering to EU copyright rules, transparency in model training, and maintaining cybersecurity standards.
Assam’s DRIMS
- Assam has taken a significant step towards enhancing its disaster management capabilities with the launch of the Disaster Reporting and Information Management System (DRIMS).
- This state-of-the-art digital platform, an initiative of the Assam State Disaster Management Authority (ASDMA), aims to streamline the reporting and assessment of damages caused by various disasters, enabling prompt disbursal of aid to those affected.
- DRIMS, developed in collaboration with UNICEF, efficiently captures critical impact indicators of damages during disasters. This real-time data collection enables authorities to deliver relief and rehabilitation grants expeditiously to the affected beneficiaries.
- The platform also tracks damages to crops, livestock, and other assets, facilitating swift post-disaster restoration efforts. During the launch event at the Assam Administrative Staff College (AASC), Khanapara, Guwahati, Assam’s Chief Secretary, Dr. Ravi Kota, released the “Handbook on Financial Assistance during Disasters“.
- This comprehensive guide aims to empower communities by providing them with a clear understanding of their entitlements during and after disasters, enabling greater access to assistance, particularly for children and women in affected areas.
- Recognizing the importance of preparedness, Dr. Kota also inaugurated the State Level Training Programme on Incident Response System for responders, conducted by the National Institute of Disaster Management.
- This initiative aims to equip disaster response teams with the necessary skills and knowledge to effectively manage and mitigate the impacts of disasters.
- Assam, being prone to multiple disasters, including floods, has taken a proactive approach to disaster management. Dr. Kota commended the efforts of the ASDMA in disaster mitigation and response, particularly during flood situations.
- He emphasized the significance of having a centralized online platform that consolidates all disaster-related information, enabling efficient decision-making and coordinated response efforts.
- The development of DRIMS is a testament to the collaborative efforts between the Assam government and UNICEF.
- By leveraging technology and embracing digital solutions, Assam aims to enhance its disaster management capabilities continually. The platform’s success will pave the way for further innovations and ensure a more resilient and prepared state in the face of natural calamities.
India’s Market Capitalization Reaches $5 Trillion
- India’s Market Capitalization Has Surged To $5 Trillion, Marking A Historic Achievement. This Remarkable Feat Was Accomplished In Under Six Months Since Surpassing The $4 Trillion Mark, Showcasing The Nation’s Robust Economic Resilience And Investor Confidence.
- Joining The Elite League Of Countries With A $5 Trillion Market Cap, India Stands Alongside Stalwarts Like The US, China, Japan, And Hong Kong.
- However, On A Closing Basis, India’s Market Cap Currently Stands At $4.97 Trillion On The BSE And $4.93 Trillion On The NSE. India’s Market Cap Witnessed A Staggering Surge Of Over 60% From Its Lows In March 2023, Propelled By A Rally In Shares Of Small- And Mid-sized Firms.
- This Uptick Is Attributed To A Re-rating Of Valuations, Fueled By Improved Economic And Earnings Growth Prospects, Surpassing Global And Emerging Market Peers.
- The Growth Trajectory Of India’s Market Cap Is Further Fueled By The Emergence Of Mega Newly Listed Companies, Such As The Life Insurance Corporation (LIC), Contributing Significantly To The Nation’s Market Value.
- Additionally, The Increase In Market Value Of The Public Sector Undertaking (PSU) Pack Has Bolstered India’s Standing, With The Nation Now Boasting 100 Stocks With An M-cap Above $10 Billion.
- India’s Burgeoning Market Value Has Amplified Its Global Influence, Attracting Higher Inflows From Foreign Investors, Notably Through Exchange-traded Funds (Etfs). With India Now Ranking As The Second-largest Market In The MSCI Emerging Markets Index, After China, Investor Sentiment Remains Buoyant, With Over $8 Billion Flowing Into Domestic Stocks In The First Quarter Of 2024.
Antarctic Tourism
- India is set to play a pivotal role in facilitating the first-ever focused discussions on regulating tourism in Antarctica at the 46th Antarctic Treaty Consultative Meeting (ATCM) and the 26th Meeting of the Committee for Environmental Protection (CEP).
- The National Centre for Polar and Ocean Research (NCPOR), Goa, under the Ministry of Earth Sciences, and the Antarctic Treaty Secretariat will organise these meetings in Kochi, Kerala.
- Over 350 participants from nearly 40 nations are expected to attend. The ATCM and CEP are high-level global annual meetings conducted in accordance with the Antarctic Treaty, a multilateral agreement of 56 Contracting Parties signed in 1959.
- Member countries discuss issues related to science, policy, governance, management, preservation, and protection of Antarctica.
- The CEP, established under the Protocol on Environmental Protection to the Antarctic Treaty (the Madrid Protocol) in 1991, advises the ATCM on environmental protection and conservation.
- India, a consultative Party to the Antarctic Treaty since 1983, has the right to propose and vote on decisions regarding administration, scientific research, environmental protection, and logistical cooperation in Antarctica.
- With the increasing number of tourists visiting Antarctica, comprehensive regulations are needed to ensure sustainable and responsible exploration. India has advocated for a proactive and effective tourism policy based on precautionary principles.
- For the first time, a dedicated working group for regulating tourism in Antarctica has been formulated at the 46th ATCM, hosted by India.
- The Indian Antarctic Act, enacted in 2022, aligns India’s tourism regulations with international standards and collaborates with other Antarctic Treaty nations to achieve conservation goals.
- India’s history of Antarctic research includes hosting the 10th SCAR conference in 2022, 11 Indian expeditions to the Southern Ocean, and significant collaborations with Norway and the UK. India also hosted the 30th ATCM in 2007, underscoring its commitment to the Antarctic Treaty System.
Fuel XP100 to Sri Lanka
- Indian Oil Corporation Ltd. (IOCL) has marked a significant milestone by exporting its first-ever consignment of 100 octane premium fuel, XP100, to Sri Lanka. The high-quality fuel, designed for premium high-end vehicles, was shipped from the Jawaharlal Nehru Port Trust in Mumbai.
- This event highlights IOCL’s commitment to expanding its global reach and showcasing the quality of its products.
- XP100, India’s first domestically developed 100 octane petrol, leverages IndianOil’s indigenous Octamax Technology.
- Tailored for high-end vehicles, it offers superior anti-knock properties, enhancing engine performance, faster acceleration, smoother drivability, and improved fuel economy.
- XP100’s advanced formulation reduces engine deposits and emissions in high compression ratio engines, optimizing vehicle performance and longevity while minimizing maintenance.
- Exceeding IS-2796 specifications, XP100 is also an eco-friendly fuel with significantly reduced tailpipe emissions.
‘Let’s Move India’
- International Olympic Committee (IOC) has announced the launch of ‘Let’s Move India’, an initiative to inspire people to celebrate the athletes participating in the upcoming Olympic Games in Paris.
- The move invites people from across the country to join the movement through a digital challenge on social media.
- According to a press release, young people can take part in a series of regional school initiatives to coincide with Olympic Day on June 23.
- People are encouraged to recreate their favourite athlete celebrations or create their own, aiming to inspire and celebrate the Olympians heading to Paris 2024, who will be representing their 1.4 billion compatriots from July 26.
- The IOC has joined forces with Abhinav Bindra, India’s first individual Olympic gold medallist, and an IOC Athletes’ Commission member, and together, they will extend invitations to schools across the nation to join the movement, as part of the Olympic Values Education Programme.
Sachin Sarjerao Khilari
- In Para Athletics, India’s Sachin Sarjerao Khilari clinched the gold medal in the men’s shot put at the World Para Athletics Championship in Kobe, Japan. He also set a new Asian record with a throw of 16.30 metres in the F46 category, to defended his title at the world championships.
- Another Indian, Dharambir bagged the Bronze Medal in the Men’s Club Throw yesterday. His final throw distance of 33.31 metres not only secured him the Bronze Medal but also set a new Asian Record in the F51 Category.
- With these achievements, India surpassed its previous highest total of 10 medals. India now have 12 medals in their kitty, including 5 gold, 4 silver and 3 bronze. China tops the points table with 48 medals.
Monu Ghangas
- Indian Para Discus Thrower Monu Ghangas Has Secured His Spot In The Paris Paralympics 2024 With His Best Throw Of 34.7m In The Men’s Discus Throw F11 Event At The World Para Athletics Championships 2024 In Kobe, Japan.
- However, Monu Failed To Clinch A Medal As He Settled For The Fourth Position In The Eight-member.
- Oney Tapia From Italy Clinched The Gold Medal In The Final With A Best Throw Of 42.76m While Mahdi Olad From Iran Secured The Silver Medal With A Throw Of 42.36m. The Bronze Medal Was Grabbed By Bil Marnikavic From Australia With A Throw Of 37.82m.
Current Affairs 24 May 2024 Question
- Pandit Raghunath Murmu Seen In News Relates To
A. Telugu
B. Santhali
C. Persia
D. Hindi
ANSWER: B - Fuel XP100 Is Exported To
A. Sri Lanka
B. Mayanmar
C. Nepal
D. Bhutan
ANSWER: A - United States Conducted A Subcritical Nuclear Test At Which Place
A. Nevada
B. Colorado
C. Maryland
D. Alaska
ANSWER: A - Who Has Won 2024 Italian Open Title In Women’s Category
A. Y. Putintseva
B. Iga Swiatek
C. C. Gauff
D. Aryna Sabalenka
ANSWER: B - Which Indian Created History By Becoming First Indian Space Tourist
A. Ashutosh Sharma
B. Gopi Thotakura
C. Akhilesh Gupta
D. Balram Bhargava
ANSWER: B - R21/Matrix-M Vaccine Is Developed For The Prevention Of Which Disease
A. Dengue
B. Small pox
C. Malaria
D. Mumps
ANSWER: C - What Is Theme Of International Conference On Disaster Resilient Infrastructure 2024, Recently Held In New Delhi
A. Investing today for a more resilient tomorrow
B. Delivering Resilient and Inclusive Infrastructure
C. Situating Resilient Infrastructure
D. Future-ready disaster resilient infrastructure
ANSWER: A - Jeremiah Manele Appointed As New Prime Minister Of Which Country
A. Maldives
B. Solomon Island
C. Mauritius
D. Singapore
ANSWER: B - PREFIRE Polar Mission Is Developed By Which Space Organization
A. JAXA
B. CNSA
C. NASA
D. ESA
ANSWER: C - What Are ‘Orcas’
A. Frog
B. Crocodile
C. Killer whales
D. Spider
ANSWER: C - IUCN Status Of ‘Iberian Lynx’
A. Vulnerable
B. Least concern
C. Critically endangered
D. Endangered
ANSWER: D - Project Astra, A Multimodal AI Agent Developed By Which Company
A. Microsoft
B. Meta
C. Google
D. Amazon
ANSWER: C - Main Purpose Of The Copernicus Emergency Management Service Programme
A. Agricultural research
B. Disaster management
C. Wildlife conservation
D. Urban planning
ANSWER: B - What Is ‘Pig Butchering Scam’
A. It Is A Type Of Scam In Which Victims Are Asked To Invest In Pig Farms
B. It Is A Type Of Online Investment Fraud By Creating Fake Online Personas
C. It Refers To Actual Butchering Of Pigs For Profit
D. It Is Related To A Cooking Technique Used In Certain Cuisines
ANSWER: B - Primary Objective Of The PM WANI scheme
A. To provide free laptops to students
B. To provide affordable and high-speed internet connectivity to rural and remote areas
C. To improve mobile network coverage in urban areas
D. To promote digital payment systems
ANSWER: B - Gabon Which Was Seen In The News, Is Located In Which Region
A. Africa
B. Europe
C. Australia
D. Asia
ANSWER: A - Nancy Grace Roman Space Telescope Is Associated With Which Space Organization
A. ISRO
B. JAXA
C. NASA
D. CNSA
ANSWER: C - Which Organization Appointed Davide Salvagnini As Its First Chief AI Officer
A. WMO
B. ISRO
C. NASA
D. FAO
ANSWER: C - Where Was Third Session Of India- Zimbabwe Joint Trade Committee Held
A. New Delhi
B. Chennai
C. Hyderabad
D. Bengaluru
ANSWER: A - Who Was The Only Viceroy Of India To Be Murdered In Office
A. Lord Mayo
B. Lord Auckland
C. Lord Lawrence
D. Lord Northbrook
ANSWER: A
