Neeraj Chopra Clinches Silver in Javelin at Paris 2024 Olympics
Neeraj Chopra, the reigning Olympic champion, delivered an impressive performance at the Paris 2024 Olympics, securing the silver medal in the men’s javelin throw. With a season-best throw of 89.45m, Chopra finished as the runner-up, falling short of defending his title against Pakistan’s Arshad Nadeem, who set a new Olympic record with a throw of 92.97m.
Despite not replicating his gold-medal-winning feat from the Tokyo 2020 Olympics, Chopra’s silver medal reinforces his status as one of the premier javelin throwers globally.
Arshad Nadeem’s Historic Gold Medal
The standout of the event was Arshad Nadeem, whose record-breaking throw not only secured him the gold medal but also marked Pakistan’s first-ever Olympic gold in javelin throw. Nadeem’s achievement highlights his dedication and the growing strength of sports in Pakistan, making his victory a significant milestone for the country.
Anderson Peters Wins Bronze
Grenada’s Anderson Peters completed the podium with a bronze medal, achieving a throw of 88.54m. The former world champion showcased his skill and consistency, securing a commendable third place in a highly competitive field.
Significance of the Performances
Chopra’s silver medal is a testament to his consistent excellence and solidifies his reputation within the international athletics community. Meanwhile, Nadeem’s groundbreaking victory is poised to inspire aspiring athletes in Pakistan and beyond, setting a new standard in the javelin throw discipline.
The men’s javelin throw at the Paris Olympics highlighted the sport’s global talent, with competitors from India, Pakistan, and Grenada showcasing the diversity and inclusivity that define the Olympic Games.
Rashtriya Vigyan Puraskar 2024
In a significant initiative to honor excellence in science, technology, and innovation, the Indian government has introduced the inaugural Rashtriya Vigyan Puraskars. This new award system replaces over 300 previous awards from various science departments, aiming to celebrate the achievements of academics, technologists, and inventors across the nation.
Vigyan Ratna Puraskar: Honoring a Lifetime of Achievement
The highest honor, Vigyan Ratna Puraskar, has been awarded to Dr. Govindarajan Padmanabhan, a distinguished biochemist and former director of the Indian Institute of Science, Bengaluru. Dr. Padmanabhan, also a Padma Bhushan laureate, receives this lifetime achievement award for his substantial contributions to the field of biochemistry.
Categories and Recipients
A total of 33 Rashtriya Vigyan Puraskars have been announced across various categories:
- Vigyan Shri Awards:
- Thirteen scientists recognized for their distinguished contributions across various scientific domains.
- Vigyan Yuva-Shanti Swarup Bhatnagar Awards:
- Eighteen young scientists under 45 honored for their innovative work, continuing the legacy of the Shanti Swarup Bhatnagar prize.
- Vigyan Team Award:
- Awarded to Team Chandrayaan-3 for their exceptional contributions to India’s space program, particularly the successful moon landing mission.
Award Ceremony and Significance
National Space Day Celebration:
The awards will be presented by President Droupadi Murmu on August 23, which is designated as National Space Day to commemorate the landing of Chandrayaan-3 near the Moon’s South Pole.
Impact on the Scientific Community
The introduction of the Rashtriya Vigyan Puraskars is expected to have a profound impact on the Indian scientific community:
- Unified Recognition: Provides a consolidated platform for acknowledging scientific excellence across disciplines.
- Encouraging Young Talent: The Vigyan Yuva awards emphasize fostering innovation and research among young scientists.
- Promoting Team Efforts: The team award highlights the importance of collaborative research in modern scientific endeavors.
- National Prestige: Elevates the recognition of scientific achievements, inspiring more individuals to pursue careers in science and technology.
Table of Recipients
| Award Category | Recipient(s) | Field |
|---|---|---|
| Vigyan Ratna Puraskar | Dr. Govindarajan Padmanabhan | Biochemistry |
| Vigyan Shri | Dr. Annapurini Subramanian | Astrophysics |
| Dr. Anandharamakrishnan C | Agriculture Science | |
| Dr. Avesh Kumar Tyagi | Atomic Energy | |
| Prof. Umesh Varshney, Prof. Jayant Bhalchandra Udgaonkar | Biological Sciences | |
| Prof. Syed Wajih Ahmad Naqvi | Earth Sciences | |
| Prof. Bhim Singh | Engineering Sciences | |
| Prof. Adimurthi Adi, Prof. Rahul Mukherjee | Mathematics and Computer Science | |
| Prof. Dr. Sanjay Behari | Medicine | |
| Prof. Lakshmanan Muthusamy, Prof. Naba Kumar Mondal | Physics | |
| Prof. Rohit Srivastava | Technology and Innovation | |
| Vigyan Yuva | Krishna Murthy SL, Swarup Kumar Parida | Agricultural Science |
| Radhakrishnan Mahalakshmi, Prof. Aravind Penmatsa | Biological Sciences | |
| Vivek Polshettiwar, Vishal Rai | Chemistry | |
| Roxy Mathew Koll | Earth Sciences | |
| Abhilash, Radha Krishna Ganti | Engineering Sciences | |
| Purabi Saikia, Bappi Paul | Environmental Science | |
| Mahesh Ramesh Kakde | Mathematics and Computer Science | |
| Jitendra Kumar Sahu, Pragya Dhruv Yadav | Medicine | |
| Urbasi Sinha | Physics | |
| Digendranath Swain, Prashant Kumar | Space Science and Technology | |
| Prabhu Rajagopal | Technology and Innovation | |
| Vigyan Team | Team Chandrayaan-3 | Space Science |
Top 10 Richest Global Central Banks in 2024
Central banks play a crucial role in a nation’s economic stability and growth, with their wealth serving as an important indicator of economic health. The rankings of the world’s wealthiest central banks in 2024 provide insights into the financial prowess of various nations.
The Significance of Central Bank Wealth
- Economic Indicators: The total wealth of a central bank, assessed through its assets and balance sheet, reflects a country’s economic strength. A robust balance sheet often correlates with a stable economy.
- Regulatory Role: Central banks oversee regulatory compliance, ensuring the integrity of the financial system through specialized departments staffed by experts.
Regional Observations
- European Dominance: Seven out of the top ten central banks are based in Europe, with a combined worth of $11.09 trillion, showcasing the region’s economic strength.
- African Absence: African central banks are notably absent from the top 10, attributed to challenges like rising inflation, fragile financial markets, and weak monetary policy transmission systems.
- India’s Position: The Reserve Bank of India (RBI) ranks 12th globally, with a balance sheet of ₹70.47 trillion, reflecting India’s growing economic influence.
Top 10 Richest Central Banks in the World (2024)
| Rank | Name of the Central Bank | Total Assets (USD) | Country | Region |
|---|---|---|---|---|
| 1 | Federal Reserve System | $7,835,559,000,000 | USA | North America |
| 2 | People’s Bank of China | $6,004,919,369,845 | China | Asia |
| 3 | Bank of Japan | $5,543,058,448,125 | Japan | Asia |
| 4 | Deutsche Bundesbank | $2,776,759,343,640 | Germany | Europe |
| 5 | Bank of France | $2,011,001,711,400 | France | Europe |
| 6 | Norges Bank | $1,632,986,563,336 | Norway | Europe |
| 7 | Bank of Italy | $1,383,293,987,542 | Italy | Europe |
| 8 | Bank of England | $1,288,250,668,160 | United Kingdom | Europe |
| 9 | Bank of Spain | $1,049,435,626,385 | Spain | Europe |
| 10 | Swiss National Bank | $944,013,351,477 | Switzerland | Europe |
Analysis of the Top 10
- Global Distribution:
- 1 North American central bank
- 2 Asian central banks
- 7 European central banks
- Economic Powerhouses: The central banks represent some of the largest economies, reflecting their critical role in the global financial system.
Implications and Insights
- Economic Influence: The substantial assets held by these central banks grant them significant influence over global economic policies and financial markets.
- Financial Stability: Their robust asset bases enable effective management of economic crises and the implementation of monetary policies crucial for stability.
- Global Economic Balance: The distribution of wealth highlights the ongoing strength of traditional economic powerhouses while showcasing the rising influence of emerging economies, particularly in Asia.
National Affairs Highlights
VIRAASAT Exhibition: A fortnight-long exhibition celebrating the 10th National Handloom Day commenced at Handloom Haat in Janpath on August 3, 2024.
- Presidential Diplomatic Tour: President Droupadi Murmu began a six-day visit to Fiji, New Zealand, and Timor-Leste, enhancing diplomatic relations.
- e-Sankhyiki Portal Launch: The Ministry of Statistics and Programme Implementation (MoSPI) launched the e-Sankhyiki portal on June 29, marking a step forward in data management.
- State Visit to Fiji: President Murmu’s two-day state visit to Fiji emphasized strengthening ties between India and Fiji.
Anniversary of Article Abrogation: On the fifth anniversary of the abrogation of Articles 370 and 35(A), Prime Minister Narendra Modi highlighted the progress for Jammu and Kashmir and Ladakh.
- Namami Gange Mission: Four major projects under the Namami Gange Mission 2.0 have been successfully operationalized in the first quarter of fiscal year 2024-25.
- LTCG Tax Decision Reversed: The government reversed its decision to remove indexation benefits for long-term capital gains tax on property sales.
- Gati Shakti Vishwavidyalaya Training Program: GSV launched its first executive training program for the aviation sector at the Asian Institute of Transport Development in New Delhi.
Green National Highway Project: The Indian government partnered with the World Bank for the Green National Highway Corridor Project.
- Digital Shakti Center Inauguration: The National Commission for Women inaugurated the Digital Shakti Center in New Delhi to combat cybercrimes against women.
- Waqf Amendment Bill: The government plans to introduce the Waqf (Amendment) Bill, 2024, in the Lok Sabha on August 8.
- Renewable Energy Growth: India’s renewable energy capacity rose by 165% over the past decade, reaching 203.1 GW in 2024.
- Broadcasting Services Regulation Bill: The Ministry of Information and Broadcasting has drafted the Broadcasting Services (Regulation) Bill, 2024, to replace the Television Network Act of 1995.
Independence Day Preparations: The nation gears up to celebrate its 78th Independence Day, commemorating freedom from British rule in 1947.
- Breastfeeding Initiative in West Bengal: The West Bengal government and UNICEF are collaborating to encourage fathers to promote breastfeeding.
- Har Ghar Tiranga Campaign: The third edition of the ‘Har Ghar Tiranga’ campaign will run from August 9 to August 15, encouraging citizens to display the national flag.
- Kavach 4.0 Anti-Collision System: The Union Ministry of Railways plans to fast-track the deployment of the Kavach 4.0 anti-collision system in 20,000 locomotives.
Foundation Day of ICoAS: The Indian Cost Accounts Service celebrated its Foundation Day in New Delhi with the theme ‘ICoAS @ Viksit Bharat’.
- New Railway Projects Approved: The Union Cabinet approved eight new railway projects worth ₹24,657 crore to enhance connectivity and reduce logistics costs.
- Monitoring Indo-Bangladesh Border: In response to the situation in Bangladesh, the Indian government established a committee to monitor the border for the safety of Indian nationals.
Kasturi Cotton Bharat Program: The Ministry of Textiles launched the Kasturi Cotton Bharat program for traceability and branding of Indian cotton, utilizing blockchain technology.
- BIMSTEC Trade Negotiations: BIMSTEC members are urged to revisit trade priorities to expedite the delayed Free Trade Agreement.
States in the News
- Mizoram Disasters: Between March and May, at least 42 people died and 5,938 houses were destroyed due to disasters in Mizoram.
Kasturi Cotton Bharat Program: The Ministry of Textiles launched the Kasturi Cotton Bharat program for traceability and branding of Indian cotton, utilizing blockchain technology.: The Tata Group inaugurated a ₹27,000 crore semiconductor assembly and test facility in Assam, with plans to produce 15 billion chips annually.
- Madras High Court Ruling: In a landmark decision, the Madras High Court declared Section 77-A of the Registration Act, 1908 unconstitutional.
- Haryana Agricultural Policy: Chief Minister Nayab Singh Saini made a historic announcement regarding potential changes to agricultural policy in India.
- Shri Baba Buddha Amarnath Pilgrimage: A 10-day pilgrimage to Shri Baba Buddha Amarnath in Poonch district commenced, coinciding with Sawan Purnima and Raksha Bandhan.
Andhra Pradesh Child Norm Repeal: The Andhra Pradesh government decided to scrap the two-child norm for contesting local body elections due to a declining fertility rate.
- Odisha Grain ATM: Odisha launched India’s first round-the-clock grain dispensing machine, the Annapurti Grain ATM, to improve the Public Distribution System for ration cardholders.
- New Tiger Reserve in Chhattisgarh: On August 7, Chhattisgarh cleared a proposal to establish a new tiger reserve, making it the third largest in the country.
- Wainganga-Nalganga River Linking Project: The state cabinet approved a 426.52-km river linking project with an estimated cost of ₹88,575 crore.
Maharashtra Logistics Policy: The Maharashtra government approved the Logistics Policy 2024, aimed at enhancing logistics infrastructure and generating about 500,000 jobs.
- IIT Indore Innovations: IIT Indore developed advanced shoes using Tribo-Electric Nanogenerator (TENG) technology, capable of generating electricity from human motion and featuring GPS for real-time tracking.
- Punjab Help Centre Inauguration: Chief Minister Bhagwant Mann inaugurated the ‘Punjab Help Centre’ at Terminal 3 of Indira Gandhi International Airport in New Delhi.
International Affairs
- AITIGA Meeting: The 5th AITIGA Joint Committee meeting was held in Jakarta from July 29 to August 1, 2024, enhancing ASEAN-India economic cooperation.
Bangladesh Interim Government: Nobel laureate Muhammad Yunus will lead Bangladesh’s interim government following former Prime Minister Sheikh Hasina’s resignation amid mass protests.
- GI-Tagged Fig Juice Export: Purandar Highlands Farmers Producer Company Ltd successfully exported India’s first GI-tagged fig juice to Poland.
- Australian Cultural Grants: The Australian government introduced the Maitri Research and Cultural Partnerships Grants.
- Yen Carry Trade Setback: The yen carry trade, an investment strategy using low-interest yen for higher-yielding assets, has encountered significant challenges.
- China’s Satellite Launch Plans: China is preparing to launch its first batch of satellites for a mega constellation intended to rival SpaceX’s Starlink Internet network.
Agreements/MoUs Signed
- In a significant move towards disaster preparedness, the State Government and SBI General Insurance signed a Memorandum of Understanding (MoU) for Disaster Risk Transfer Parametric Insurance Solution (DRTPS).
Books and Authors
“India@100: Envisioning Tomorrow’s Economic Powerhouse”: Authored by Prof. K V Subramanian, this book was launched at a high-profile event in New Delhi.
Banking/Economy/Business News
- Urban Cooperative Banks Licenses: The RBI has canceled the licenses of 78 Urban Cooperative Banks since 2014, with Maharashtra leading at 36 cancellations.
Fiscal Deficit Improvement: India’s fiscal deficit for Q1 FY25 is reported at 8.1% of the full-year estimate, a significant drop from 25.3% in the same period last year.
- GDP Growth Forecast: India Ratings & Research has raised its GDP growth forecast for FY25 to 7.5%, surpassing previous estimates from RBI and the Finance Ministry.
- India-Israel Relations: The two nations are enhancing diplomatic ties beyond politics, focusing on trade, investments, and industry collaborations.
- Rising Interest in Iranian Goods: Iranian products like Persian rugs and saffron are gaining popularity in India due to their quality and uniqueness.
Pakistan’s IMF Loan Interest Payments: Pakistan has paid over USD 3.6 billion in interest on IMF loans over the last 40 years, as disclosed by the finance ministry.
- Reliance Industries Milestone: RIL has moved up two positions to rank 86th in the 2024 Fortune Global 500 list.
- RBI Revised Guidelines on NPAs: The RBI has issued new instructions regarding the treatment of Bad and Doubtful Debt Reserve (BDDR) in cooperative banks.
- Bancassurance Tie-up: Capital Small Finance Bank and Edelweiss Life Insurance have formed a new bancassurance partnership.
- Monetary Policy Update: The RBI maintained the benchmark interest rate at 6.5% after the recent Monetary Policy Committee meeting.
Deloitte Economic Outlook: Deloitte forecasts strong economic growth for India, estimating a growth rate between 7.0% and 7.2% in FY25.
- UPI Tax Payment Limit Increased: The RBI has raised the limit for tax payments via UPI to ₹5 lakh per transaction.
- Credit Information Reporting Change: The RBI will now report credit information every 15 days instead of monthly.
- Launch of UPISetu: Setu, an API provider owned by Pine Labs, has launched UPI Setu in collaboration with Axis Bank.
- FSTP Proposal: The Bill and Melinda Gates Foundation, in partnership with the Habitat Charitable Trust, proposed constructing a faecal sludge treatment plant in Sarovaram.
- Cheque Truncation System Revamp: The RBI has revamped the cheque truncation system to improve efficiency in cheque clearing.
Appointments/Resignations
- Janet Yang Reelected: Film producer Janet Yang has been re-elected for a third term as President of the Academy of Motion Picture Arts and Sciences.
Bangladesh Political Shift: Prime Minister Sheikh Hasina resigned on August 5, marking a significant political change.
- New Director General of Assam Rifles: Lt General Vikas Lakhera has taken over as the new Director General of the Assam Rifles.
- SBI Chairman Appointment: Challa Sreenivasulu Setty has been appointed as the Chairman of the State Bank of India.
- New Additional Secretary in PMO: IAS officer Amit Singh Negi has been appointed as additional secretary in the Prime Minister’s Office.
SEBI Appointment: Praveena Rai has been appointed as the Managing Director and CEO of the Multi Commodity Exchange (MCX).
- Tunisia’s New Prime Minister: President Kais Saied of Tunisia has appointed Kamel Maddouri as the new Prime Minister.
- Piyush Gupta to Step Down: Indian-origin banker Piyush Gupta will step down as CEO of DBS Group in March 2025.
- Central Electricity Regulatory Commission Member: Harish Dudani has been appointed as a Member of the Central Electricity Regulatory Commission.
Defence News
- SSB DG Additional Charge: Daljit Singh Chawdhary has taken additional charge as Director General of the Border Security Force.
ITBP Vehicle Trial: The Indo-Tibetan Border Police conducted a successful demonstration of the Typhoon vehicle.
- Indian Army Exercise: The Indian Army conducted a strategic military exercise named ‘Parvat Prahaar’ focusing on high-altitude warfare.
Summits and Conferences News
- International Conference of Agricultural Economists: Prime Minister Narendra Modi inaugurated the 32nd ICAE at NASC Complex, New Delhi.
- BIMSTEC Business Summit: The 1st BIMSTEC Business Summit was hosted by the Ministry of External Affairs in association with CII.
Sports News
- Novak Djokovic Olympic Gold: Djokovic won his first Olympic gold at the Paris 2024 Olympics, defeating Carlos Alcaraz in the men’s singles final.
Manu Bhaker as Flagbearer: Manu Bhaker has been selected as India’s flagbearer for the closing ceremony of the Paris Olympics.
- Noah Lyles Wins 100m Gold: American sprinter Noah Lyles won gold in the men’s 100-meter sprint at the Paris Olympics.
- Postage Stamps for Paris Olympics: The Department of Posts will release a special set of stamps to commemorate the Paris Olympics.
- MoU for Sports Cooperation: India and Saint Christopher & Nevis signed a Memorandum of Understanding to enhance sports cooperation.
Dinesh Karthik Brand Ambassador: Former Indian cricketer Dinesh Karthik has been named the brand ambassador for the SA20 League.
- Vinesh Phogat Disqualified: Wrestler Vinesh Phogat was disqualified from the Paris Olympics due to weight issues.
- Vinesh Phogat Retires: Following her disqualification, Vinesh Phogat announced her retirement from wrestling.
- Indian Women’s Volleyball Victory: The Indian women’s national volleyball team won gold at the 4th CAVA Women’s Volleyball Nations League.
- IOA Flagbearers: PR Sreejesh and Manu Bhaker will be co-flag bearers for India at the closing ceremony of the Paris 2024 Olympics.
Schemes and Committees News
- Jharkhand Women’s Empowerment Initiative: The Jharkhand government has launched a welfare initiative for women empowerment.
DAY-NRLM Initiative: The Deendayal Antyodaya Yojana announced the launch of “Million Designers, Billion Dreams.”
Science and Technology News
- Astra Missiles Production: The IAF has cleared DRDO and BDL to produce 200 Astra missiles for fighter aircraft.
Women in Organ Donation: Data shows that women led in living organ donations last year.
- ISRO Milestone Launch: ISRO will celebrate its 55th foundation day with the launch of the Earth Observation Satellite-08.
Important Days News
- Indian Organ Donation Day: August 3 marked the 14th Indian Organ Donation Day.
- Hiroshima Day: August 6 commemorates the 79th anniversary of the atomic bombing of Hiroshima.
- National Handloom Day: August 7 is celebrated as the 10th National Handloom Day.
- Quit India Movement Day: August 9 commemorates the launch of the Quit India Movement in 1942.
- World Indigenous Peoples Day: Observed on August 9, 2024.
- Nagasaki Day: Also commemorated on August 9, marking the atomic bombing in 1945.
- World Steelpan Day: August 11 has been endorsed as World Steelpan Day.
- World Lion Day: Celebrated annually on August 10 to raise awareness for wildlife conservation.
Obituaries News
- Yamini Krishnamurthy: The classical dancer passed away on August 3 at the age of 83.
- Graham Thorpe: Former England cricketer and coach died at the age of 55.
- Shobhana Ranade: A renowned Gandhian and Padma Bhushan recipient passed away at 99.
- Buddhadeb Bhattacharjee: Former West Bengal Chief Minister died on August 8.
- Tsung-Dao Lee: The Nobel Prize-winning physicist passed away at age 97.
- H. Devaraj: Former Vice-Chairman of the UGC died at the age of 71.
Static Takeaways
- Asian Institute of Transport Development
- President: K. R. Narayanan
- Headquarters: New Delhi, India
- Establishment: 1989
- National Commission for Women
- Chairperson: Rekha Sharma (as of 2024)
- Headquarters: New Delhi, India
- Establishment: 1992
- Securities and Exchange Board of India (SEBI)
- Chairman: Madhabi Puri Buch (as of 2024)
- Headquarters: Mumbai, Maharashtra, India
- Establishment: 1988 (Statutory powers granted on April 12, 1992)
- Tunisia
- President: Kais Saied (as of 2024)
- Capital: Tunis
- Independence: March 20, 1956 (from France)
- Sahastra Seema Bal (SSB)
- Director General: Daljit Singh Chaudhary
- Headquarters: New Delhi, India
- Establishment: 1963 (originally as Special Service Bureau)
- Indo-Tibetan Border Police (ITBP)
- Director General: Shri Rahul Rasgotra
- Headquarters: New Delhi, India
- Establishment: October 24, 1962
- Indian Air Force (IAF)
- Chief of Air Staff: Air Chief Marshal VR Chaudhari (as of 2024)
- Headquarters: New Delhi, India
- Establishment: October 8, 1932
- Defence Research and Development Organisation (DRDO)
- Chairman: Dr. Samir V. Kamat (as of 2024)
- Headquarters: New Delhi, India
- Establishment: 1958
- Indian Space Research Organisation (ISRO)
- Chairman: S. Somanath (as of 2024)
- Headquarters: Bengaluru, Karnataka, India
- Establishment: August 15, 1969
- University Grants Commission (UGC)
- Chairman: M. Jagadesh Kumar (as of 2024)
- Headquarters: New Delhi, India
- Establishment: 1956
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April 2024 Current Affairs in Hindi
अप्रैल 2024 की सबसे जरूरी करंट अफेयर्स और सामान्य ज्ञान। ये अपडेट्स सरकारी नौकरी और प्रतियोगी परीक्षाओं की तैयारी के लिए महत्वपूर्ण हैं।
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