Daily Current Affairs MCQs: 15th December 2024 - Bank Exams MCQ

The impeachment of President Yoon Suk Yeol was primarily triggered by his controversial declaration of martial law, which was perceived as an unconstitutional power grab in response to public unrest. This action raised significant concerns about his governance and accountability, leading to the opposition-led parliament initiating impeachment proceedings. The declaration was intended to manage national security issues but ultimately resulted in widespread protests and a swift backlash from both the public and members of his own party.

The Malwa Canal Project is estimated to cost Rs 2,300 crore. This significant investment is aimed at enhancing irrigation infrastructure in Punjab, marking the first major canal construction in the state since independence. The project is designed to serve the irrigation needs of around 2 lakh acres, highlighting the importance of water management in agricultural productivity. Additionally, the project has raised environmental concerns due to the projected removal of approximately 1.30 lakh trees, emphasizing the need for a balance between development and ecological sustainability.

The recent concerns regarding Sultanpur National Park primarily focus on illegal constructions surrounding the park. These constructions pose a threat to the park's ecological integrity and its role as a habitat for migratory birds. Sultanpur National Park is recognized as a Ramsar site, indicating its importance in biodiversity and the need for conservation efforts to protect its natural resources. The illegal activities not only disrupt the habitat but also challenge the conservation measures that are essential for maintaining the park's ecological balance. This highlights the ongoing struggle between development and environmental preservation.

The report indicates that 43% of India's total non-performing assets (NPAs), amounting to a staggering ₹4.02 lakh crore, was owed by only 100 companies. This concentration of bad loans among a small group highlights systemic issues within the banking sector, particularly a lack of diversification in lending practices. The NPA crisis reflects not only the financial distress of these companies but also raises concerns about governance, accountability, and the overall health of the banking system. Understanding NPAs and their implications is crucial for developing effective recovery strategies and ensuring the stability of financial institutions.

The Konda Reddi tribe is characterized by a patriarchal and patrilocal family structure. This means that inheritance and family lineage are traced through male members, and newly married couples typically reside near the husband's family. Such structures are common in many tribal societies and reflect cultural practices concerning marriage and family organization. Interestingly, while monogamy is the norm, there are provisions for polygamous arrangements, showcasing the tribe's adaptability in social practices.

Dulcibella camanchaca plays a crucial ecological role as a predatory species that actively preys on other amphipods, distinguishing it from many other amphipod species that primarily scavenge. This predatory behavior is important for maintaining the balance of the deep-sea food web, as it helps regulate the populations of other amphipods and contributes to the overall biodiversity of the extreme environment of the Atacama Trench. The existence of such unique species underscores the importance of preserving deep-sea ecosystems, which are often less understood and more vulnerable to human activities.

The CE20 cryogenic engine is specifically designed to power the upper stage of the LVM3 launch vehicle, achieving a qualified thrust level of 19 tonnes. This engine plays a critical role in ensuring the success of missions by providing the necessary thrust to place payloads into orbit. An interesting fact is that the CE20 engine has been qualified for the Gaganyaan mission, which aims to send Indian astronauts into space, showcasing India's advancements in indigenous space technology.

The militant group that has emerged as a dominant force in Syria after Bashar al-Assad's exit is Hayat Tahrir al-Sham (HTS). Despite its transnational jihadist ties, HTS claims to respect Syria's diversity and has positioned itself as a key player in the ongoing conflict. Following the regime's collapse due to various factors, including military and economic pressures, HTS has become a significant force amid a landscape of competing militant coalitions. This situation illustrates the complex interplay of local and regional dynamics that will shape Syria's future.

The Kaleshwaram Lift Irrigation Project (KLIP) primarily aims to enhance water availability for both irrigation and drinking purposes across a vast area of Telangana. By drawing water from the Godavari River and utilizing a complex canal network, KLIP is set to serve approximately 45 lakh acres, significantly benefiting agricultural and domestic water needs. This project is crucial in a region that experiences varying water availability, thus contributing to improved agricultural productivity and public health.

The SAMARTH Udyog Bharat 4.0 initiative is designed to enhance the competitiveness of the Indian Capital Goods Sector by promoting awareness of Industry 4.0 technologies. This initiative includes establishing various centers to facilitate training, workshops, and consultancy services aimed at educating industries about advanced manufacturing processes. Although it does not provide financial assistance for adopting these technologies, it plays a vital role in preparing the manufacturing sector, including MSMEs, for the challenges posed by modern industrial practices. This initiative reflects a broader trend in global manufacturing towards digital transformation and smart technologies.