Daily Current Affairs MCQs : 3 January 2024 - Bank Exams MCQ

Dr. Arvind Panagariya has been appointed as the new Chairman of the Finance Commission of India. The Finance Commission is a constitutional body that gives recommendations on center-state financial relations. Dr. Panagariya is an eminent economist who has served as the first Vice Chairman of NITI Aayog. He will now head the 16th Finance Commission, which will suggest the tax devolution formula between the centre and states for 5 years starting 2026-27. The appointment comes after the President established a new Finance Commission through a notification dated December 31, 2023.

INS Sagardhwani, an oceanographic research vessel of the Indian Navy, has embarked on the Sagar Maitri Mission-4 to Oman. The goal of the mission is to establish long-term scientific partnerships and collaboration with Indian Ocean Rim countries for ocean research and development. It will also showcase India’s capabilities in marine science and technology.

Vice Admiral Kiran Deshmukh has taken over as the new Chief of Materiel of the Indian Navy from Vice Admiral Sandeep Naithani. The Chief of Materiel is the head of the Materials Branch of the Navy, dealing with logistics and maintenance. Vice Admiral Deshmukh is an alumnus of VJTI Mumbai and a postgraduate from Defence Services Staff College, Wellington.

South Africa has approached the International Court of Justice urging it to declare that Israel is in breach of its obligations under the 1948 Genocide Convention in light of its bombing campaign in Gaza. South Africa has been historically sympathetic to Palestine due to its own experience under apartheid. However, many African nations have softened their stand on Israel over the years.

On January 1, 1948, the town of Kharsawan in present-day Jharkhand witnessed a massacre of Adivasis by the police. This happened during a protest against the merger of the princely state of Kharsawan into Odisha state. The protesters and locals had gathered there in thousands to hear a speech by Jai Prakash Singh Munda. However, he could not make it to the venue and the restive crowd was fired upon by the police, killing hundreds. The massacre is seen as reminiscent of the Jallianwala Bagh tragedy. The exact death toll remains disputed, with estimates ranging from 35 officially to a few thousand unofficially.

The World Homeopathy Day is celebrated each year on April 10 to pay tribute to homoeopathy and its contribution to the world of medicine.
The day is observed on the birth anniversary of German physician Dr Christian Friedrich Samuel Hahnemann, the founder of homoeopathy. Homeopathy is one of the popular alternative medical systems in India.

National Mission on Interdisciplinary Cyber-Physical System (NM-ICPS) was approved by the Union Cabinet in 2018 at the total outlay of Rs.3660 crores for a period of five years.
The National Workshop on Technology Innovation in Cyber-Physical Systems (TIPS) was organized to deliberate on ways to strengthen NM-ICPS.

Vibrant Villages Programme has been launched by Union Home Minister and Minister of Cooperation Amit Shah during his visit to Arunachal Pradesh. It is implemented by the Home Ministry.
It is a centrally sponsored scheme that will provide for the comprehensive development of 2,967 villages situated at the northern border in the states of Arunachal Pradesh, Sikkim, Uttarakhand and Himachal Pradesh and UT of Ladakh.

• The UP-Education Service Selection Commission will be set up by the Uttar Pradesh Government for the teacher recruitment in the state.
• It will be responsible for conducting the UP Teachers Eligibility Test (UPTET) exam. Teachers in basic, secondary, higher and technical colleges in the state will be selected through the autonomous commission.

‘Mircha’ Rice from Bihar’s West Champaran recently received GI tag. Since this rice’s size and shape appear like a black pepper, it is known as Mircha or Marcha Rice.
This rice is famous for its aroma, palatability and its aromatic rice flakes making qualities. The cooked rice is fluffy, non sticky, sweet and easily digestible.