Daily Current Affairs MCQs: 5th November 2024 - Bank Exams MCQ

Ralengnao Bob Khathing was honored with the Member of the British Empire (MBE) for his efforts in rallying Naga support against Japanese forces during World War II. This recognition highlights his crucial role in military operations and his leadership in the region during a pivotal time in history. An interesting fact is that Khathing was the first Manipuri to receive a King's Commission, marking a significant achievement in the Indian military history.

The rise in female Labor Force Participation Rates in rural areas has increased the labor supply, which puts downward pressure on wages due to heightened competition for limited job opportunities. As more women enter the workforce, particularly in low-paying agricultural jobs, the surplus of labor in these sectors leads to stagnant wages. This dynamic highlights the complex relationship between increased labor supply and wage growth, particularly in a predominantly agricultural economy.

The Thadou Tribe, recognized as one of the most ancient non-Naga tribes in Manipur, has publicly supported the implementation of the National Register of Citizens (NRC). This shows their active involvement in socio-political issues affecting their community. The Thadou community is known for its distinct identity, which they emphasize through their unique cultural and linguistic traits. An interesting fact is that the Thadou language is part of the Tibeto-Burman family, making it distinct from the languages spoken by nearby tribes.

Benchmark indices such as Sensex and Nifty 50 serve as crucial indicators of the overall performance of the stock market, reflecting the trends and sentiment of investors. They comprise a selection of top-performing companies, helping investors gauge whether the market is experiencing bullish or bearish movements. These indices also function as performance benchmarks for mutual funds, allowing for comparison against the broader market. Understanding how these indices operate is essential for making informed investment decisions.

The high volcanic activity in Indonesia is primarily due to its location along the 'Ring of Fire,' a region that encircles the Pacific Ocean and is characterized by numerous active volcanoes and significant seismic activity. This area is formed by tectonic plate movements, where plates converge and diverge, creating the conditions necessary for volcanism. Interestingly, about 75% of the world's volcanoes are found in this region, making it a hotspot for geological studies.

The LignoSat satellite is constructed from magnolia wood, which was specifically chosen for its durability and adaptability. This innovative use of wood aims to explore eco-friendly approaches to space exploration, highlighting the potential of renewable materials in future missions to the Moon and Mars. Interestingly, the choice of wood not only supports sustainability but also reduces environmental concerns during the satellite's reentry into Earth's atmosphere.

The Kalka-Shimla Railway is renowned for featuring the world's highest multi-arch gallery bridge located at Kanoh. This remarkable engineering feat was significant at the time of its construction and showcases the innovative approaches used in railway engineering in mountainous terrains. Additionally, this railway holds a Guinness World Record for the steepest altitude gain over its length, which reflects the challenging geographical conditions it navigates.

The Mudra Yojana is specifically designed to promote rural entrepreneurship by providing micro-loans to individuals looking to start their own businesses. This initiative is crucial as it empowers rural residents to create job opportunities for themselves and others, thereby contributing to the overall economic development of rural areas. By facilitating access to capital, the Mudra Yojana helps stimulate local economies and can lead to more sustainable sources of income for rural households.

The Dhimsa Dance is a significant cultural expression for the Yanadi community, often performed during festivals and special occasions. This dance reflects their rich cultural heritage and connection to their environment. The Yanadis, classified among the most vulnerable tribal groups, also possess extensive traditional knowledge regarding health and utilize medicinal plants for various ailments, including snakebites. This highlights their deep understanding of local flora and the importance of cultural practices in maintaining their identity.

The Ningol Chakkouba festival is culturally significant as it emphasizes the importance of family reunions and promotes peace and harmony within society. Traditionally celebrated by the Meitei community, the festival involves married women being invited back to their parental homes for a feast, symbolizing familial bonds and mutual respect. This celebration has transcended its original community, fostering a sense of unity across various groups in Manipur, thus showcasing the festival's role in enhancing social cohesion.