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Daily Current Affairs 24 August 2024
Stay updated with the most crucial national and international news, significant developments, and key events from August 24, 2024.
National News PM Modi Delivers BHISHM Cubes to Ukraine
During a landmark visit to Ukraine, Prime Minister Narendra Modi committed substantial humanitarian aid and presented four BHISHM (Bharat Health Initiative for Sahyog Hita and Maitri) Cubes to the Ukrainian authorities. This visit, the first by an Indian Prime Minister since Ukraine’s independence in 1991, underscores India’s advocacy for peace amid the ongoing conflict with Russia.
International News Highlights of PM Modi’s Ukraine Visit
Prime Minister Narendra Modi concluded his visit to Ukraine, becoming the first Indian Prime Minister to make an official state visit since the establishment of diplomatic relations over three decades ago.
States News Odisha CM Majhi Introduces Subhadra Scheme
Odisha Chief Minister Mohan Majhi launched the Subhadra scheme, a major initiative under the BJP government. The scheme pledges ₹50,000 to one crore women aged 21 to 60 over the next five years, with a total budget of ₹55,825 crore. The funds will be distributed annually in two installments of ₹5,000 each on Rakhi Purnima and International Women’s Day.
Appointments News Nestlé Names Laurent Freixe as New CEO
Nestlé has announced Laurent Freixe as the new Chief Executive Officer, succeeding Mark Schneider. This transition marks a new era for the company, potentially leading to strategic shifts.
Banking News Bandhan Bank Unveils Avni Savings Account for Women
On August 22, 2024, Bandhan Bank celebrated its Foundation Day by launching Avni, a savings account specifically designed for women. This initiative is accompanied by the Bandhan Bank Delights loyalty program, offering rewards, discounts, and exclusive benefits.
RBI Updates E-Mandate Framework with FASTag, NCMC Auto-Replenishment
The Reserve Bank of India (RBI) has revised its e-mandate framework to include auto-replenishment for FASTag and the National Common Mobility Card (NCMC). These transactions, triggered when balances fall below a set threshold, will no longer require pre-debit notifications, streamlining irregular recurring transactions.
Business News GAIL and Petron to Develop 500 KTA Bio-Ethylene Plant in India
On August 21, 2024, GAIL (India) Limited and US-based Petron Scientech Inc signed a Memorandum of Understanding (MoU) to explore the creation of a 500 Kilo Tonne per Annum (KTA) bio-ethylene plant in India. This 50:50 joint venture will conduct feasibility studies to assess the project’s technical and financial viability before seeking investment approval.
Schemes News Postal Department Launches Deen Dayal SPARSH Yojana
The Department of Post, under the Union Ministry of Communication, has introduced the Deen Dayal SPARSH Yojana to promote philately research and scholarship among students across India. Announced by the Postmaster General of North Gujarat Region, Ahmedabad, Krishna Kumar Yadav, during the closing ceremony of ‘The Ideal and Great Stamps’ Paintings exhibition, the scheme aims to encourage stamp collecting among children.
Ranks and Reports News Mumbai and New Delhi Rank High in Global Property Price Index
According to a report by Knight Frank, Mumbai and Delhi have secured the second and third positions, respectively, among 44 cities worldwide in terms of the annual price increase of prime residential properties during the June quarter. The report also noted that the annual price growth across these cities slowed to 2.6% in the second quarter of 2024, down from 4.1% in the previous quarter.
Sports News Shikhar Dhawan Retires from International Cricket
Shikhar Dhawan, a prominent white-ball opener for Indian cricket, has announced his retirement from international cricket at the age of 38. Despite retiring from international matches, Dhawan expressed his intention to continue playing in league cricket, particularly in the Indian Premier League (IPL).
Awards News 11th Puthiya Thalaimurai Tamilan Awards
The 11th Puthiya Thalaimurai Tamilan Awards recently celebrated exceptional individuals from various fields, honoring both experienced professionals and emerging talents. This prestigious event highlighted the diverse achievements within Tamil Nadu and beyond.
Books and Authors News Autobiography of Activist Kalpana Sankar Released by Soumya Swaminathan
In a notable event focused on women’s empowerment and social entrepreneurship, Dr. Kalpana Sankar’s autobiography, titled “The Scientist Entrepreneur: Empowering Millions of Women”, was launched at Cathedral Road. The book release event brought together distinguished personalities from various sectors, emphasizing the significant impact of grassroots initiatives on women’s economic empowerment and community development.
Daily Current Affairs 24 August 2024 MCQ
- Who presented the BHISHM Cubes to Ukraine?
- Answer: Prime Minister Narendra Modi
- What does BHISHM stand for?
- Answer: Bharat Health Initiative for Sahyog Hita and Maitri
- When did Prime Minister Narendra Modi visit Ukraine?
- Answer: August 24, 2024
- Who is the first Indian Prime Minister to visit Ukraine since its independence?
- Answer: Prime Minister Narendra Modi
- Which scheme was launched by Odisha Chief Minister Mohan Majhi?
- Answer: Subhadra scheme
- What is the budget allocation for the Subhadra scheme?
- Answer: ₹55,825 crore
- How much money will be given to each woman under the Subhadra scheme?
- Answer: ₹50,000
- On which occasions will the funds under the Subhadra scheme be disbursed?
- Answer: Rakhi Purnima and International Women’s Day
- Who has been appointed as the new CEO of Nestlé?
- Answer: Laurent Freixe
- Who did Laurent Freixe replace as CEO of Nestlé?
- Answer: Mark Schneider
- What is the name of the savings account launched by Bandhan Bank for women?
- Answer: Avni
- When was the Avni savings account launched by Bandhan Bank?
- Answer: August 22, 2024
- What new feature has the RBI added to its e-mandate framework?
- Answer: Auto-replenishment for FASTag and NCMC
- Which two companies signed an MoU to develop a bio-ethylene plant in India?
- Answer: GAIL (India) Limited and Petron Scientech Inc
- What is the capacity of the proposed bio-ethylene plant by GAIL and Petron?
- Answer: 500 Kilo Tonne per Annum (KTA)
- What scheme was launched by the Department of Post to promote philately?
- Answer: Deen Dayal SPARSH Yojana
- Who announced the Deen Dayal SPARSH Yojana?
- Answer: Krishna Kumar Yadav, Postmaster General of North Gujarat Region, Ahmedabad
- Which cities ranked second and third in the Global Property Price Index according to Knight Frank?
- Answer: Mumbai and New Delhi
- How many cities were included in the Global Property Price Index report by Knight Frank?
- Answer: 44
- What was the annual price growth across the 44 cities in the second quarter of 2024?
