Daily Current Affairs MCQs : 17 July 2023 - Bank Exams MCQ

IGIA in New Delhi, Delhi, recently inaugurated a new runway and a dual Eastern Cross Taxiway, making it the first airport in India to have four runways. The development aims to enhance the airport's capacity and operational efficiency.

The ECT at IGIA connects the northern and southern airfields, reducing taxi distance and time for aircraft. This helps improve efficiency in ground operations and enhances the overall airport experience.

The runway expansion at IGIA was completed in September 2021. This expansion increases the airport's capacity and provides better operational capabilities.

AIM, an initiative by NITI Aayog, has partnered with Oppo India to establish an ATL in Thrissur, Kerala. AIM aims to foster innovation and entrepreneurship among school children, and the ATLs play a crucial role in achieving this objective.

Bajaj Allianz Life ACE is a non-linked, participating life insurance plan that offers early-income benefits. It allows customers to customize their cash flows according to their financial needs and goals.

The UPI LITE (Low-Value Interface for Transactions) support feature was launched by the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) in September 2022. It provides a convenient and efficient payment solution for low-value transactions with a maximum balance and spending limit.

 The Indian Army has signed a contract with Tata Advanced Systems Limited for the procurement of a Tactical Access Switch, a compact, modular networking device. This switch enhances the army's tactical communication capability and facilitates communication between troops.

The Kalyani M4 Quick Reaction Force Vehicle, manufactured by the Kalyani Group's Bharat Forge, strengthens the Indian Army's mobility and operational capabilities. It can travel at high speeds in rough terrain and accommodate ten combat-ready personnel.

World Youth Skills Day, observed by the United Nations, aims to raise awareness about the importance of providing young people with skills for employment, entrepreneurship, and sustainable development. It emphasizes the need to empower youth through skill development initiatives.

The UNESCO-UNEVOC International Centre for TVET, one of eight UNESCO institutes and centers working in the field of education, plays a significant role in promoting skills development among youth. It focuses on vocational education and training (TVET) and contributes to the implementation of the UNESCO Strategy for TVET.