Daily Current Affairs MCQs: 8th December 2024 - Bank Exams MCQ

The Khorlochhu Hydropower Project is anticipated to have an operational capacity of 600 MW upon its completion. This capacity is significant as it aims to address Bhutan's growing electricity demands while also contributing to India's renewable energy initiatives. Hydropower is a crucial source of energy in the region, and large projects like this help ensure energy security and sustainability.

The Jhelum River originates at the Verinag Spring, located at the foot of the Pir Panjal range in the Kashmir Valley. It is significant because it serves as the primary waterway in the region, supporting both ecological balance and local agriculture. The river is also culturally important, playing a central role in the history and livelihood of the communities along its banks. The Jhelum's journey through the valley to Wular Lake underscores its importance as a natural resource and a vital component of the region's geography.

The Laysan albatross is listed as Near Threatened on the IUCN Red List. This classification indicates that while the species is not currently facing an immediate risk of extinction, it is experiencing a decline in population or habitat quality, necessitating ongoing conservation efforts. The Near Threatened status highlights the importance of protecting their habitats and addressing threats such as climate change and environmental degradation, which can significantly impact their survival.

Michelle Bachelet, the former president of Chile and a prominent human rights advocate, received the Indira Gandhi Prize for Peace, Disarmament, and Development in 2024. This prestigious award recognizes individuals or organizations that have made significant contributions to international peace and development. Bachelet's efforts in promoting human rights and her leadership during her presidency reflect the values that the award seeks to honor, emphasizing the global commitment to peace and social justice.

Sacred groves play a crucial role in maintaining environmental health as they act as vital carbon sinks and reservoirs of biodiversity. These patches of natural vegetation support a wide variety of flora and fauna, often providing a refuge for endemic species. Their preservation is essential for conservation efforts and combating climate change, highlighting their ecological significance beyond mere cultural or spiritual values.

SEBI's recent action involved cancelling the SME IPO of Trafiksol ITS Technologies and mandating refunds to investors due to allegations of fund misuse. This measure reflects SEBI's commitment to enhancing transparency and accountability in the SME IPO market, recognizing the need for stricter regulations to protect investors and ensure fair practices in the rapidly growing segment. This is part of broader efforts to strengthen oversight and curb malpractices within the sector.

Kawasaki disease is primarily characterized by high fever and inflammation of blood vessels. This rare condition primarily affects children under the age of five and can lead to serious complications such as heart disease if not diagnosed and treated promptly. An interesting fact is that although the exact cause of Kawasaki disease remains unknown, it is believed to be more common in late winter and early spring.

The Nicobarese community is primarily located in the Nicobar Islands, which are situated in the Bay of Bengal off the east coast of India. They consist of four distinct cultural groups, highlighting their cultural diversity rather than homogeneity. The community engages in traditional practices such as hunting, gathering, and pig raising, which reflect their self-sufficient lifestyle. An interesting detail is that the Nicobarese speak an Austro-Asiatic language, linking them culturally to other groups in Southeast Asia.

Community forest rights were granted to three tribal settlements within the Anamalai Tiger Reserve, marking an important step in recognizing the rights of local tribal communities over forest resources. This action not only empowers these communities but also promotes sustainable conservation practices, ensuring that local populations can manage and benefit from their natural surroundings. Recognizing the rights of indigenous communities is crucial for biodiversity conservation as it often leads to better protection of ecosystems.

The auction of tungsten mining rights in the Melur region has raised significant concerns due to the potential environmental impact on local biodiversity and cultural heritage sites. Mining activities in such biodiversity-rich areas can lead to habitat destruction and threaten the survival of various species. Moreover, the region's cultural landmarks may also be at risk from industrial activities. This scenario highlights the ongoing tension between resource extraction and environmental preservation, prompting discussions about sustainable practices and the rights of local communities. Interestingly, tungsten is increasingly sought after for its applications in high-tech and green energy sectors, making the stakes even higher in balancing economic development with ecological protection.