Daily Current Affairs MCQs: 21st November 2024 - Bank Exams MCQ

The Sabarmati Riverfront development project aims to revitalize approximately 38 kilometers of riverbanks from Ahmedabad to Gandhinagar and has begun generating revenue through its first phase. This project is significant for urban development and enhancing the river's utility while promoting economic activities along its banks.

Silver iodide is a widely used substance in cloud seeding. It acts as a nucleus for cloud condensation, facilitating the formation of larger water droplets that can fall as precipitation. This technique is part of weather modification efforts aimed at increasing rainfall in specific areas, especially where natural precipitation is insufficient.

The primary objective of CARICOM (Caribbean Community) is to promote economic integration and sustainable development among its member states. Established in 1973, CARICOM aims to create a single market and economy, coordinate foreign policy, and foster cooperation in various sectors, thereby enhancing the economic stability and growth of the Caribbean region.

India’s approach to infrastructure projects in Guyana emphasizes local engagement and long-term partnerships, which are generally more positively received by the populace compared to China's investments. China often utilizes a model that involves significant foreign control and less local input, which may lead to different perceptions and outcomes in terms of community support and sustainability of projects.

The PM Vidyalaxmi Scheme is designed to provide financial assistance to meritorious students, allowing them to pursue higher education without facing economic barriers. By offering collateral-free and guarantor-free loans, the scheme aims to promote financial inclusion in education and support students enrolled in high-quality institutions, thereby facilitating access to higher education for deserving candidates.

High-Altitude Pulmonary Edema (HAPE) is a severe condition associated with high-altitude sickness where fluid accumulates in the lungs, causing significant breathing difficulties. It typically arises when individuals ascend to high altitudes too quickly, failing to acclimatize properly. Awareness and early recognition of AMS symptoms can help prevent progression to HAPE, which can be life-threatening.

The 'Bhu-Neer' Portal is primarily designed to manage permits for groundwater withdrawal. This centralized platform aims to regulate groundwater resources effectively and sustainably, ensuring transparency in usage. By streamlining the permitting process, it helps in the responsible management of India's precious groundwater resources, which are crucial for agriculture, drinking water, and overall environmental sustainability.

The report indicated that LMICs experience a significant lack of affordable healthy options compared to high-income countries. This situation is concerning as it contributes to a public health crisis characterized by high rates of non-communicable diseases and nutritional deficiencies. The disparity in food quality and availability highlights the need for better food labeling and regulatory practices to promote healthier dietary choices among consumers in these regions.

Cloud seeding may be ineffective in Delhi during the winter due to temperature inversions, which trap pollutants near the ground. These stable atmospheric conditions hinder cloud formation necessary for seeding to be effective. Additionally, cloud seeding requires moisture-rich clouds, and during winter, the weather patterns may not support such conditions, making it challenging to achieve the desired results in terms of rainfall.

The Chancay Port Project is projected to generate approximately $4.5 billion annually for Peru, which represents about 1.8% of the nation's GDP. This significant economic contribution arises from the port's role as a vital trade gateway, enhancing trade routes between South America and Asia, thereby facilitating exports of key commodities like copper and lithium. The port’s strategic location and capacity to accommodate large vessels further augment its potential to boost Peru’s economy.