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7th December Current Affairs📚 🎯Build for Bharat Initiative🇮🇳 ▪️The Open Network  for  Digital Commerce  (ONDC), in  collaboration  with  Google  Cloud  India, Antler in India, Paytm,  Protean and  Startup  India  has  announced 'Build for  Bharat' initiative. The  initiative  aims to  tackle diverse challenges in  digital  commerce,  promoting  industry  innovation to develop  practical  solutions in this space storage. https://timesofindia.indiatimes.com/gadgets-news/ondc-announces-build-for-bharat-initiative-for-startups-prizes-and-more/articleshow/105734001.cms 🎯National Circular Economy Roadmap to Reduce Plastic Waste♻️ ▪️Union Minister  Dr. Jitendra  Singh  unveiled  the ‘National  Circular  Economy  Roadmap  for  reduction  of  Plastic waste in India,’ a  collaborative  effort  between leading  research institutions in  India  and Australia.  The  document  aims  to  establish  research  and  industry  partnerships  to  develop  a  roadmap for  India’s  transition to a circular  economy in the plastics sector.🇮🇳—🇦🇺 ▪️The  roadmap  was  produced as part  of an  Australia-India  Comprehensive Strategic  Partnership  involving  an international  team  of  Australian  and  Indian  research  institutes  including  CSIRO, the  University of New South Wales, the  University  of  Technology  Sydney  Institute  for  Sustainable  Futures, The  Energy  and  Resources Institute (TERI), the  Council  of  Scientific  and  Industrial  Research-National  Environmental  Engineering  Research Institute (CSIR-NEERI)  and  Development  Alternatives. https://research.csiro.au/circulareconomy/circular-economy-roadmap-for-reducing-plastic-waste-in-india/ 🎯‘Garba of Gujarat’ Recognized as Intangible Cultural Heritage ▪️Prime  Minister Narendra Modi on Wednesday described  Garba  as  a  celebration of life,  unity  and  deep-rooted traditions,  after  UNESCO  approved  the  inclusion  of  Gujarat's  traditional  dance  in  its 'Representative  List  of  the Intangible  Cultural  Heritage  of  Humanity'. ▪️Garba  is a  "ritualistic  and  devotional  dance" that  is  performed  on the  occasion of the  festival  of  Navratri which  is  dedicated  to the  worship  of  the  feminine  energy or 'Shakti',  the  UNESCO  website said. https://economictimes.indiatimes.com/news/india/unesco-adds-garba-in-intangible-cultural-heritage-list-pm-modi-says-it-is-celebration-of-life/articleshow/105791597.cms 🎯“Jago Grahak Jago” Campaign ▪️The  Department  of  Consumer  Affairs  is  actively  engaged in  nationwide  multimedia   awareness  campaigns titled  “Jago Grahak Jago”.  These campaigns aim to inform consumers about fraudulent practices and  common    issues  while  providing  guidance  on  seeking  redressal. 🎯Google Unveils Gemini🤖 ▪️Gemini  AI  introduces  three  distinct  modes:  Ultra, Pro, and  Nano. In  the  Ultra mode, the  system  employs  the  largest  LLM  (large language model) for  intensive  AI  tasks.  The Pro  mode  utilizes  a  smaller  LLM,  while  the Nano  mode  uses  the  smallest  LLM,  suggesting  potential  local  availability  for  computers  and  phones. https://www.forbes.com/sites/janakirammsv/2023/12/06/google-unveils-its-revolutionary-new-large-language-model-gemini/?sh=29497acb498b

Answer : Only Two Statement :- 1 is correct ▪️The Finance Act 2023 proposed to extend angel tax even to non-resident investors from April 1 . Statement :-2 is Incorrect it cannot be listed in Share market ▪️The Income Tax Act of 1961's Section 56 (2) (viib) discusses the concept of angel tax. According to the Finance Act, 2012, in the IT Act, every startup (i.e., unlisted companies whose shares are not available for buying on the stock market) that receives funding from an angel investor must contribute a certain amount to the government. ▪️However, this tax comes into play if the total investment value exceeds the company's FMV or Fair Market Value. Investment greater than FMV is categorised as "income from other sources", and the tax imposed on it is called angel tax. ▪️For a comprehensive understanding of the concept of angel tax, let us consider an example. Suppose your firm receives investment from an angel investor of Rs 15 crore, and the investor gets shares in exchange. But the total fair market valuation (FMV) of the shares issued is Rs 10 crore. The remaining Rs 5 crore is considered excess money and, therefore, taxable at a rate of 30.9%. Statement:-3 is Correct This rule decribed in Section 56(2)(viib) of the Income Tax Act, 1961. ▪️This clause was inserted into the act in 2012 to prevent laundering of black money, round-tripping via investments with a large premium into unlisted companies. ▪️The tax covers investment in any private business entity, but only in 2016 was it applied to startups. Statement:-4 is Incorrect ▪️The Finance Act of 2012 first introduced the Angel Tax concept in India, which became applicable in April 2013. The Income Tax Act keeps updating the provisions related to Angel Tax. As per the latest budget of 2023, the angel tax is also applicable to foreign investors.

Answer :- INS Sumedha 🎯On 24 Oct 2023, the European Union (EU) and 🇮🇳India conducted their first joint naval exercise in the Gulf of Guinea. The exercise followed the third meeting of the EU-India Maritime Security Dialogue on 5 Oct 2023 in Brussels. 🎯During the exercise, 🇮🇳Indian Navy’s INS Sumedha, an Offshore Patrol Vessel, was joined by three EU Member States’ ships in the Gulf of Guinea: Italian Navy Ship ITS Foscari, French Navy Ship FS Ventôse, and Spanish Navy Ship Tornado. The four ships practiced a series of tactical manoeuvers in international waters off the coast of Ghana, including a boarding exercise, a flying exercise using the helicopters embarked on French Ship Ventôse and Indian Naval Ship Sumedha, and transfer of personnel between ships.

In the Context of "Angel Tax" which of the following is correct? 1)It's available for start ups and Foreign investors 2)It Can be listed in Share market 3)This rule described in Income Tax Act 1961 4)This Tax came to effect in 2012

Recently European Union (EU) and India conducted joint maritime Exercise in Gulf of Guinea ,Which of the Indian Naval Ship participated in it

Answer :- All of the Above 🎯In 2010 Hyderabadi haleem was awarded Geographical Indication status by the Indian GI registry office. It became the first meat product of India to receive a GI certification. 🎯The Salem starch and Sago manufacturers Service Industrial Cooperative Society limited received the GI tag on August 27, 2023. The GI tag is valid for 10 years, after which it can be renewed. 🎯Jaderi namakatti is a registered Geographical Indication (GI). A GI is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. The applicant for the Jaderi namakatti GI is the Jaderi Tiruman (Namakatti) Producers Society. 🎯The Naga tree tomato is one of the most valued exotic agricultural products of the region. It is locally known as "Sei Bangenuo", which is a derivation from the Tenyidie dialect that translates to "tree tomato 🎯GI Tag The Ministry of Textiles provides financial assistance for registration of handloom products under the Geographical Indications (GI) of Goods Act, 1999 A geographical indication (GI) tag is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. A GI tag makes sure that only those who have registered as authorized users are permitted to use the well-known brand name. As of 2023, there are over 400 products from India that have been awarded GI tags. The first GI tag product in India was Darjeeling tea, which was given in the year 2004

Which of the following was awarded with GI tag 1) Hyderbadi Haleem 2) Saleem Sago 3) Jaderi Namakatti 4) Naga Tree Tomatoes

10 November Current Affairs📚 🎯Working under the ☀️ sun causes 1 in 3 deaths from non-melanoma skin cancer, say WHO and ILO ◾️Nearly 1 in 3 deaths from non-melanoma skin cancer is caused by working under the sun, according to joint estimates by the World Health Organization (WHO) and the International Labour Organization (ILO) published today. The research released in Environment International finds that outdoor workers carry a large and increasing burden of non-melanoma skin cancer and calls for action to prevent this serious workplace hazard and the loss of workers’ lives it causes. ◾️According to the joint estimates, 1.6 billion people of working age (15 years or older) were exposed to solar ultraviolet radiation while working outdoors in 2019, equivalent to 28% of all working-age people. In 2019 alone, almost 19 000 people in 183 countries died from non-melanoma skin cancer https://www.who.int/news/item/08-11-2023-working-under-the-sun-causes-1-in-3-deaths-from-non-melanoma-skin-cancer--say-who-and-ilo#:~:text=Nearly%201%20in%203%20deaths,Organization%20(ILO)%20published%20today.

Answer:-PFRDA(Pension Fund Regulatory and Development Authority) To protect the interest of NPS subscribers and for timely credit of amount in case of withdrawal, pension regulator PFRDA has said that Instant Bank Account verification by ‘penny drop’ would be adopted by CRAs or central recordkeeping agencies. A NPS or National Pension Scheme subscriber places a withdrawal or partial withdrawal request by mentioning the required details including the bank account number and IFSC code into which the withdrawal proceeds are to be credited. Once the withdrawal request is verified and authorized in the Central Record Keeping (CRA) system, the proceeds are credited to the subscriber's bank account through electronic mode.

Which institution has mandated 'penny Drop' For National Pension System (Nps) fund withdrawal

3rd November Current Affairs📚 🎯2+2 Dialogue  between  India🇮🇳 and US🇺🇸 ▪️US  Assistant  Secretary  for  Central  Asian  Affairs  Donald  Lu  said  that  the India-US  2+2  Ministerial  Dialogue  is  a "key part"  of  State  Secretary  Antony  Blinken's upcoming  visit  and  the  major  focus  of  the  discussions  would  be  towards keeping the Indo-Pacific "free, open, prosperous, and secure". https://timesofindia.indiatimes.com/world/us/22-dialogue-key-part-of-blinkens-visit-to-asia-us-official/articleshow/104936176.cms 🎯Biosphere Reserves are evolving as pockets of hope ▪️World Biosphere Reserve Day is celebrated on November 3 annually. ▪️Its purpose is to raise awareness about biosphere reserves and promote their conservation and sustainable use. Utility of Conservation: ▪️Biosphere  reserves,  designated by  UNESCO,  protect  biodiversity,  promote  sustainable  development, and facilitate research. ▪️They  consist  of  core  zones  (strictly protected),  buffer zones (harmony with nature), and transition zones (sustainable human activities), Biosphere  reserves  are  supported  by  various  United  Nations agencies  and international  organizations. ▪️There are currently 748 biosphere reserves in 134 countries, including transboundary sites . ▪️They  impact  the  lives  of over  250 million  people  worldwide  and  contribute to the  fight  against  climate change. 🎯Putin signs bill revoking 🇷🇺Russia's ratification of nuclear test ban treaty🚀 ▪️President  Vladimir  Putin  on  Thursday  signed a  bill  revoking Russia's  ratification  of a  global  nuclear  test  ban, a move that  Moscow  said  was  needed  to  establish  parity  with  the United States ▪️Putin  has  said  that  rescinding  the  ratification  of  the Comprehensive Nuclear Test Ban Treaty, also known as the CTBT, would mirror  the  stand  taken  by  the  US, which  has  signed but  not ratified the nuclear test ban. https://www.business-standard.com/world-news/putin-signs-bill-revoking-russia-s-ratification-of-nuclear-test-ban-treaty-123110300028_1.html 🎯 Medigadda  Barrage  of  💧Kaleshwaram  Project  faults  design,  construction,  operation  &  maintenance ▪️The Kaleshwaram lift  irrigation  project  is  aimed  to  make  Telangana  drought proof  by  harnessing  the  flood waters of  the  Godavari.  The project  is  an  under-construction multi-purpose  irrigation  project on the  Godavari River in  Kaleshwaram,  Bhoopalpally,  Telangana. ▪️The  project starts  at  the  confluence  point  of  Pranahita  River and  Godavari River. https://www.thehindu.com/news/national/telangana/ndsa-report-on-medigadda-barrage-of-kaleshwaram-project-faults-design-construction-operation-maintenance/article67492886.ece

November 2nd Current Affairs📚 🎯OECD Report: 🇮🇳Indian Farmers Faced $169 Billion Implicit Tax Due to Export Measures in 2022 ▪️In 2022 - Indian  farmers  experienced  implicit  taxation  totaling  $169  billion  as  a  result  of  export  bans, duties , and  permits  on  various  commodities  such  as  wheat  and  rice.  This  taxation  was  imposed  to  stabilize prices  for  consumers,  as  revealed  by  the  latest  assessment  on  global  agricultural  policy  and  support conducted  by  the  Organisation  for  Economic  Co-operation  and  Development (OECD). https://indiaseatradenews.com/indian-farmers-taxed-169-bn-via-export-bans-or-restrictions-in-2022-oecd-report/ 🎯Kozhikode, Gwalior added to Unesco ‘creative cities’ for literature📖, music🎼 ▪️Kozhikode,  the coastal  city  in  Kerala,  and  Gwalior  in  Madhya Pradesh,  have  joined  the  coveted  club  of UNESCO  Creative  Cities  Network  (UCCN)  in  the  ‘literature’  and  ‘music’  categories  respectively.  New  cities were  acknowledged  for their  strong  commitment  to  harnessing  culture  and  creativity  as  part  of   their development  strategies,  and  displaying  innovative  practices  in  human - centred  urban  planning,  the  UN body stated. https://www.newindianexpress.com/nation/2023/nov/02/kozhikode-gwalior-added-to-unesco-creative-cities-for-literature-music-2629281.html 🎯🌇Climate Change Could Lead to Significant Loss of 🦀🦐 Seafood Nutrients in Low-Income Countries. ▪️Low-income  countries  could  lose  up  to  30  per  cent of  nutrients  from  seafood due  to  climate  change, researchers  say  in  a  study  published  in  the  journal  Nature  Climate  Change. ▪️These   findings  about  the  loss  of  nutrients,  including  calcium,  iron,  protein  and  omega-3 fatty  acids,  were valid  in  a  high  emissions  and  low  mitigation  scenario,  the  researchers  from  the  University  of  British Columbia (UBC), Canada, said. ▪️The nutrient  loss  may  be  restricted  to  10 per cent,  however,  should  the  world  meet  the  Paris  Agreement targets  of  limiting  global  warming  to  1.5 to 2 degrees Celsius, they said. ▪️"Low-income  countries and  the  global  south,  where  seafood  is  central  to  diets  and  has  the  potential  to help  address  malnutrition,  are  the  hardest  hit  by  the  effects  of  climate change,"  said first  author William Cheung,  professor and director  of  the UBC Institute for the Oceans and Fisheries (IOF). https://www.business-standard.com/pti-stories/national/low-income-countries-could-lose-30-per-cent-seafood-nutrients-from-climate-change-study-123103100910_1.html ♻️International Solar Alliance to increase viability gap funding for solar projects to 35% ▪️The   International   Solar   Alliance  (ISA)  has  decided  to  raise  viability  gap  funding  for  solar  projects  to  35% of the project cost from the current  10%,  aiming  to  boost  solar  adoption  in  developing  and  under - developed  nations https://www.livemint.com/industry/energy/international-solar-alliance-to-increase-viability-gap-funding-for-solar-projects-to-35-11698763986257.html

November 1  Current Affairs📚 🇮🇳Prime Minister Modi Launches ‘Mera Yuva Bharat (MY Bharat)’ Platform ▪️On  October  31st. ▪️ Prime  Minister  Shri  Narendra  Modi  officially  launched the  ‘Mera Yuva Bharat (MY Bharat)’ platform, dedicated  to  the  youth  of  India. This  momentous  initiative  was  introduced  on  National  Unity  Day and  aims  to  empower and  uplift the  country’s youth. https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1973491 ♨️♨️Southern Peninsular India Experiences Sixth Driest October in 123 Years ▪️The India  Meteorological  Department (IMD) said  on  Tuesday  that  southern  peninsular  India  this  year experienced  the  sixth  driest  October  in  123 years. ▪️This region –  comprising  Kerala,  Mahe,  south  interior  Karnataka, Tamil Nadu,  Karaikal,  Puducherry, coastal Andhra Pradesh,  Yanam and  Rayalaseema – received only  74.9mm  of  rain in October, which  was over  60 per cent below normal. ▪️Southern  peninsular  India  during  October  sees  rainfall  from  both  the  retreating  southwest  monsoon  and the  incoming  northeast  monsoon.  But  this  year,  the  region  remained  dry  for  nearly  25days  in  October, IMD  officials   said.  Unlike  the  past  few  years,  the  southwest  monsoon  ended  nearly  on  time  after  a  134-day season this year. https://indianexpress.com/article/india/southern-peninsular-india-sixth-driest-october-123-years-60-less-rainfall-9007883/ 🇮🇳India and 🇧🇩Bangladesh Jointly Inaugurate Three Development Projects ▪️Indian  Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina are set to jointly inaugurate three significant  development projects  on  November 1, 2023,  through  a  video  conference. This  collaborative effort  reflects  the  strong  ties  between  the  two  nations. Three Main Projects ▪️The Akhaura-Agartala Cross-Border Rail Link project ▪️The Khulna-Mongla Port Rail Line Project ▪️The Maitree Super Thermal Power Project https://www.pmindia.gov.in/en/news_updates/pm-of-india-and-bangladesh-to-jointly-inaugurate-three-development-projects-on-1st-november/ 🥼🩺Doctors to get unique ID in national medical register by the end of 2024 ▪️Significant  development,  all  doctors  practicing  in  India  will  soon  receive  a  unique  identification  number  as part  of  the  National  Medical  Register. This  centralized  system  is  expected   to be  rolled out by  the end  of   the next year,  providing a  dynamic  platform  for  doctors  to  update  their  qualifications,  fellowships,  and  courses. The  National  Medical  Register  aims  to  enhance  transparency  and  accountability  in  the  medical  profession.  Patients  and  stakeholders  will  have  the  ability  to  verify  the  credentials  of  their  doctors  through   this centralized repository. https://indianexpress.com/article/india/doctors-to-get-unique-id-in-national-medical-register-by-the-end-of-2024-9008302/

Answer:-D After planting thousands of Conocarpus trees (locally Saptaparni) over the last few years, the civic bodies in Gujarat are now chopping them down after government orders sought a ban on planting the species because of its environmental and health hazards. The tree was the go-to option for municipal agencies and industrial units of Gujarat engaging in afforestation activities to meet their environmental commitments, till the state government banned its plantation on September 26, 2023. The order issued by the forest department highlighted the damages the plant causes to environmental and human health. The move came following years of campaigning by experts who pointed out that the plant is a water-guzzler and can hit the water tables. Large populations of this tree has sped up the evaporation process and its roots choke the drainage pipes, they added. The plant pollinates twice a year and is also injurious to human health, stated experts, citing a rise in cases of cough, cold, asthma and respiratory disorders.