Daily Current Affairs MCQ: 30th August 2024 - Bank Exams MCQ

The main goal of India's Semiconductor Manufacturing Incentive Policy 2.0 is to enhance the country's capabilities in semiconductor fabrication while attracting foreign investments. This policy aims to establish India as a significant player in the global semiconductor market, moving beyond mere assembly and packaging. A fascinating aspect of this initiative is India's ambition to rank among the top five global semiconductor manufacturing destinations by 2030, reflecting its strategic importance in the technology landscape.

Piezoelectric polymers have the significant advantage of generating electrical charges when subjected to mechanical stress or strain, effectively converting mechanical energy into electrical energy. This ability makes them highly efficient as sensors compared to traditional ceramics, which do not exhibit the same level of responsiveness. Additionally, these polymers are lighter and can be manufactured into various shapes, making them versatile for applications in medical and underwater technologies.

The SHe-Box portal is designed primarily to provide a centralized platform for women to register and monitor complaints regarding sexual harassment in the workplace. This initiative ensures that complaints are processed through designated committees, thereby facilitating a structured approach to addressing such serious issues. An interesting fact about this portal is that it allows women to file complaints securely while maintaining their privacy.

The RESET Programme aims to enhance the employability of retired sportspersons by equipping them with essential skills and knowledge for professional development. This initiative recognizes the valuable experience that former athletes possess and seeks to facilitate their transition into new career paths, thereby leveraging their background in sports for future success.

The UPI block mechanism allows clients to engage in secondary market trading by utilizing funds that are blocked in their bank accounts. This is similar to the Application Supported by Blocked Amount (ASBA) facility, which ensures that funds are only transferred once the allotment is confirmed, enhancing protection for clients' funds during trading activities. This mechanism is beneficial as it keeps the investors' money secure until the trading process is finalized.

INS Arighaat serves a crucial role in strengthening India's nuclear triad, which allows the country to launch nuclear missiles from land, air, and sea platforms. This capability is essential for maintaining deterrence against potential threats, ensuring that India can respond effectively in case of an attack. The addition of this submarine significantly enhances India’s strategic defense posture.

Recent studies reveal that Mars exhibits a significant variation in its crustal magnetic field strength, with it being considerably stronger during the day and nearly absent at night. This diurnal variation indicates how the magnetic field influences the Martian environment, particularly in the southern hemisphere. Understanding these magnetic anomalies is crucial for future missions, as they can impact navigation and communication systems on Mars.

INS Arihant and INS Arighaat are distinguished from conventional submarines by their capability to carry nuclear-tipped ballistic missiles. This armament allows them to serve as strategic deterrents, capable of launching nuclear strikes while remaining undetectable due to their stealth features. Their design as Ship Submersible Ballistic Nuclear Submarines (SSBNs) enables long-term underwater operations, which is a significant advantage over conventional submarines.

The concept of "Finternet" aims to unify various financial ecosystems, reducing barriers that currently impede transactions between different financial services. By integrating multiple financial markets onto a single programmable platform, it seeks to simplify processes, making transactions more efficient and accessible for users. This innovative approach can transform how individuals and businesses manage financial assets globally.

A land-based deep depression is characterized by wind speeds ranging from 51 to 62 km/h, which is just below the threshold for classification as a tropical cyclone. This unique weather phenomenon forms over land and can lead to significant rainfall and flooding, impacting areas that are not typically accustomed to such weather patterns.