Daily Current Affairs MCQs: 23rd December 2024 - Bank Exams MCQ

The Rann Utsav primarily aims to showcase the rich cultural and artistic heritage of the Kutch region. This annual festival attracts both domestic and international tourists, offering them a glimpse into the unique traditions, crafts, and music of the area. Furthermore, it emphasizes the importance of cultural preservation and tourism in enhancing local economies.

The endangered Indian Wild Ass, also known as Khur, is a significant species found in the Great Rann of Kutch. This desert-dwelling animal is a symbol of the region's unique biodiversity. The presence of the Wild Ass highlights the ecological importance of the area and the need for conservation efforts, particularly as it resides in India's largest wildlife sanctuary, which aims to protect its habitat and other flora and fauna.

The depreciation of the Indian rupee is largely attributed to higher inflation rates in India compared to those in the US. When inflation rises in a country, the purchasing power of its currency declines, making it less attractive to investors. This can lead to a decrease in demand for that currency, while higher demand for foreign currencies, such as the US dollar, can weaken the local currency. Interestingly, inflation not only impacts currency value but can also affect interest rates and economic stability.

Investing in climate-resilient crops is a crucial recommendation for enhancing productivity in India's agricultural sector. Climate change poses significant threats to agriculture, such as changing rainfall patterns and increasing temperatures, which can adversely affect crop yields. By focusing on research and development to create crops that can withstand these changes, the agricultural sector can improve its resilience and productivity. A notable fact is that developing such crops not only supports farmers but also helps in securing food supply in the face of environmental challenges.

Speed guns operate based on the Doppler Effect, which describes the change in frequency of waves in relation to an observer moving relative to the source of the waves. When a speed gun emits radio waves, these waves reflect off a moving object. If the object is approaching the gun, the frequency of the reflected waves increases; if it is moving away, the frequency decreases. By analyzing this frequency shift, the speed of the object can be accurately calculated. An interesting fact is that the Doppler Effect is also used in medical imaging, such as Doppler ultrasound, to assess blood flow in vessels.

The terms of trade for agricultural laborers have improved significantly compared to farmers. Over the past two decades, while agricultural wages for laborers have risen faster than inflation, farmers have seen their incomes stagnate as crop prices have not kept pace with the rising costs of inputs. This shift indicates that laborers are gaining economic power, while farmers face increasing financial pressures. An additional fact is that this change can lead to labor shortages in agriculture, as more laborers may opt for better-paying opportunities outside the sector.

The primary goal of SpaceX's Starlink satellite internet service is to offer broadband internet through a network of low Earth orbit satellites. This innovative approach aims to deliver high-speed internet access, particularly in remote and underserved areas, by utilizing a large constellation of satellites that can provide connectivity anywhere on the globe. Starlink’s focus on low Earth orbit helps reduce latency, making it a competitive alternative to traditional internet services.

Justice P S Narasimha emphasized that fourth branch institutions should not serve as mere retirement homes for civil servants and judges. He advocated for merit-based appointments to ensure these institutions maintain their independence and effectiveness. His remarks highlight the importance of these bodies in upholding accountability and transparency in governance, crucial for a functioning democracy.

The Department of Consumer Affairs is launching the 'Jago Grahak Jago App' alongside other tools to help consumers identify and report deceptive practices known as dark patterns. These dark patterns are design strategies that manipulate users into making unintended decisions, often leading to unfair trade practices. The Jago Grahak Jago App aims to empower consumers by providing them with information on e-commerce sites and alerting them to potential risks, thereby enhancing their ability to navigate online shopping safely.

A weaker Indian rupee can enhance the attractiveness of remittances. When the rupee depreciates, the value of remittances sent back home from abroad increases in rupee terms. This can provide additional income for families relying on such funds. Furthermore, exporters may benefit as their goods become cheaper in foreign markets, potentially increasing their competitiveness. However, it’s important to note that this advantage may not apply uniformly across all sectors, especially those reliant on imported raw materials, which could see increased costs due to the weaker currency.