Daily Current Affairs MCQs: 1st March 2025 - Bank Exams MCQ

The amendments proposed by the Joint Parliamentary Committee aim to improve dispute resolution mechanisms related to waqf properties, thereby enhancing government oversight and regulation. This is crucial as it addresses the complexities involved in managing waqf properties and helps ensure that disputes are resolved efficiently. An interesting fact is that the Waqf Act of 1995 was initially established to oversee the administration of waqf properties in India, which are properties dedicated for religious or charitable purposes, thus highlighting the importance of effective governance in this sector.

The authority to resolve government property claims related to waqf properties was modified to designate a senior state government officer instead of the Waqf Tribunal. This change aims to streamline the dispute resolution process and ensure that a qualified government representative oversees these matters, potentially enhancing efficiency in legal recourse for property disputes. An interesting fact is that involving a senior state officer may help bridge the gap between government oversight and the autonomy of waqf institutions, reflecting a balance needed in property management.

The Olive Ridley Turtle is classified as Vulnerable on the IUCN Red List, meaning it faces a high risk of extinction in the wild. This status reflects concerns about population declines due to threats such as habitat loss, illegal fishing, and climate change. Conservation efforts are crucial for maintaining their populations, particularly because they play an essential role in marine ecosystems by helping to maintain the health of seagrass beds and coral reefs.

The Bond Central portal is designed primarily to serve as a comprehensive and reliable source of information for corporate bonds in India. It aims to enhance transparency in the corporate bond market and support informed decision-making among investors. By offering a centralized platform, it helps reduce information asymmetry, allowing investors to make better investment choices based on detailed risk assessments and price comparisons. An interesting fact is that this initiative is a collaboration between the Online Bond Platform Providers Association and Market Infrastructure Institutions, reflecting a significant step towards improving the accessibility and transparency of financial markets in India.

Auroville was founded with the mission of exploring alternative ways of living and working together peacefully, reflecting its commitment to peace, harmony, and sustainable living. This mission is rooted in the vision of its founder, Mirra Alfassa, known as the 'Mother'. Auroville serves as a unique model for communal living, where individuals from various cultural backgrounds collaborate towards a common goal of community development and ecological balance. An interesting fact is that Auroville has transformed a barren area into a thriving ecosystem, showcasing the potential of human effort in restoring nature.

The NASM-SR is equipped with a Man-in-Loop capability, which allows operators to retarget the missile while it is in flight. This feature enhances the missile's flexibility and effectiveness against dynamic maritime threats. The ability to adjust targeting in real-time is crucial in naval warfare, where conditions can change rapidly. An interesting fact is that this technology significantly improves the chances of successfully hitting fast-moving and evasive targets, making it a vital advancement in modern missile technology.

The Hague Service Convention primarily serves to simplify the process of serving legal documents in civil and commercial matters across international borders. It establishes a standardized method for delivering documents by designating central authorities in member countries, which helps ensure that legal processes are conducted efficiently and fairly. An interesting fact about the Convention is that it was established in 1965 to address the complexities arising from differing national laws regarding service of process, thereby enhancing cooperation between countries in legal matters.

The rare oarfish is commonly referred to as the "Doomsday Fish." This nickname arises from its association with impending natural disasters in folklore, particularly in Japan, where its sightings have historically coincided with significant seismic events. Interestingly, the oarfish is known as "Ryugu no tsukai" in Japanese, which translates to "Sea God’s Palace Messenger," reflecting its cultural significance as a harbinger of calamity.

The primary aim of Exercise Desert Hunt 2025 was to enhance interoperability, coordination, and synergy among the elite Special Forces units of the Indian Armed Forces. By conducting a series of integrated drills, this exercise aimed to improve their collaborative response to emerging security challenges. This type of joint training is crucial for ensuring that the forces can work seamlessly together in real operational scenarios. An interesting fact is that such multi-service exercises not only improve tactical skills but also foster camaraderie and mutual understanding among the various branches of the military.

The primary purpose of the Solar Ultraviolet Imaging Telescope (SUIT) is to analyze the dynamic interactions within the solar atmosphere, focusing on energetic phenomena such as solar jets, flares, and eruptions. Understanding these interactions is vital for predicting solar activity that can impact space weather and, consequently, technology on Earth. An interesting fact about SUIT is that it employs a unique array of 11 scientifically calibrated filters, allowing it to capture detailed images of the Sun in wavelengths that are crucial for studying solar phenomena.