Daily Current Affairs MCQs : 10 August 2023 - CUET Commerce MCQ

Dhaksha Unmanned Systems Pvt. Ltd (DUMS) secured a contract worth Rs 165 crore to supply 200 medium-altitude logistics drones and accessories to the Indian Army. This contract underscores DUMS's technological prowess and its ability to contribute to the defense sector by providing advanced drone technology. The primary focus of the contract is to supply drones and related accessories to enhance the Indian Army's logistical capabilities. Therefore, the correct answer is D.

Sashidhar Jagdishan, the Chief Executive Officer (CEO) of HDFC Bank, achieved recognition as the highest-paid bank CEO in the fiscal year 2023. This recognition highlights his leadership and contributions to the banking sector. The accolade is based on his remuneration as disclosed in the annual reports. Therefore, the correct answer is D.

The collaboration between the United Nations Development Programme (UNDP) and eGov Foundation in Indonesia aims to address the critical challenge of infectious medical waste management. The partnership utilizes eGov Foundation's Digital Public Infrastructure (DPI) – DIGIT, to implement a comprehensive solution for managing medical waste. The need for this collaboration is highlighted by recent data from Indonesia's Ministry of Health. Therefore, the correct answer is B.

Neeraj Chopra made history by winning a gold medal in the javelin throw event at the Tokyo 2020 Olympics. His throw of 87.58 meters secured India's first Olympic gold medal in men's javelin throw and showcased his exceptional talent and dedication. Therefore, the correct answer is A.

The primary objective of the collaboration between India and CSC Academy is to promote digital and financial literacy among underprivileged segments of society. This initiative involves stationing mobile vans in strategic districts to provide financial and digital literacy instruction to individuals aged 15 to 60. The goal is to empower individuals with skills that enable them to make informed decisions and engage in secure digital transactions. Therefore, the correct answer is B.

The primary impact of AU Small Finance Bank's introduction of recyclable debit cards is a decrease in carbon emissions. Each production batch of these cards results in a reduction of 350 kgs of carbon emissions compared to traditional PVC cards. This initiative aligns with the bank's commitment to sustainability and environmentally conscious practices. Therefore, the correct answer is C.

The primary focus of Exim Finserve, the subsidiary of Export-Import Bank of India (Exim Bank), is to empower exporters through financial solutions. The subsidiary offers services such as receivables financing, risk mitigation against non-payment, and efficient accounts receivable management. These services aim to improve cash flow, reduce payment risks, and enhance the export competitiveness of Micro, Small, and Medium Enterprises (MSMEs). Therefore, the correct answer is C.

Raman Sukumar's election as Vice-Chair of Working Group II of the Intergovernmental Panel on Climate Change (IPCC) is significant because he will lead efforts to mitigate climate change. Working Group II focuses on the impacts, adaptation, and vulnerability aspects of climate change. Raman Sukumar's expertise in ecology and his contributions to understanding the interactions between ecosystems and climate change make him well-suited to lead these efforts. Therefore, the correct answer is B.

The primary objective of the United Nations' International Day of the World's Indigenous Peoples is to celebrate cultural diversity globally. This observance serves as a platform to promote and protect the rights of indigenous populations, while also raising awareness about the need to improve their economic, social, and cultural situations. The day emphasizes the rich contributions of indigenous communities to the global cultural tapestry. Therefore, the correct answer is A.

The focus of the collaboration between Apraava Energy Private Ltd, REC Ltd, and Power Finance Corporation Ltd (PFC) is to fund wind, transmission, and advanced metering projects. The financial support of Rs 9,120 crore aims to drive advancements in renewable energy projects and transmission infrastructure. This collaboration plays a crucial role in advancing India's transition to greener and more sustainable energy solutions. Therefore, the correct answer is D.