Current Affairs One - Liner : 10th December 2024

Published on December 10, 2024
  • National:
    • On December 7, 2024, Google DeepMind unveiled GenCast, an advanced AI model for weather prediction. GenCast provides faster, more accurate forecasts up to 15 days ahead, using probabilistic ensemble forecasting for detailed weather insights.
Current Affairs One - Liner : 10th December 2024
    • The Ashtalakshmi Mahotsav 2024 was held from November 6 to 8, 2024, at the Bharat Mandapam in New Delhi. The theme was celebrating the cultural heritage and economic potential of Northeast India. The aim was to showcase the region's vibrant crafts, textiles, and GI products while promoting economic opportunities and cultural exchange.
  • Banking:
    • On December 5, 2024, Axis Bank launched the ARISE Women’s Savings Account to empower women financially. This account offers tailored financial services, healthcare benefits, and lifestyle perks, such as access to women financial experts and discounts on health and wellness services.
    • Between April 2000 and September 2024, foreign direct investment (FDI) inflows into India surpassed the $1 trillion mark, totaling $1,033.40 billion. This milestone highlights India's appeal as a key global investment destination.
    • On December 6, 2024, the RBI released its Survey of Professional Forecasters (SPF) on Macroeconomic Indicators, which lowered the Real GDP growth forecast for FY25 to 6.80% from the previous estimate of 6.90%.
    • The Unified Payments Interface (UPI), launched on April 11, 2016 by the National Payments Corporation of India (NPCI), has significantly boosted equitable economic growth and expanded financial inclusion across India.
    • On December 6, 2024, the Reserve Bank of India (RBI) unveiled MuleHunter.ai, an AI/ML-based model developed by the RBI Innovation Hub to combat digital frauds involving mule accounts. This tool helps banks detect and mitigate fraudulent activities more effectively.
  • Economy:
    • Retail inflation for farm workers and rural laborers eased to 5.96% and 6% in October 2024, respectively, down from 6.36% and 6.39% in September. This was reported by the Labour Ministry on December 9, 2024.
  • Science & Technology:
    • A new frog species named Raorchestes asakgrensis was discovered in the Eman Asakgre Community Reserve in the Garo Hills of Meghalaya. The discovery was announced on December 4, 2024. This small arboreal frog honors the local community's conservation efforts.
    • On December 5, 2024, the Indian Space Research Organisation (ISRO) launched the European Space Agency's (ESA) Proba-3 mission from Sriharikota. This mission aims to study the Sun's corona using a two-satellite system.
  • Reports:
    • As per the UBS Billionaire Ambitions Report 2024 released on December 5, 2024, India's billionaire count reached 185, making it the third-highest globally. The collective net worth of India's billionaires surged by 42% to $905.6 billion, driven by economic dynamism and the rise of family-owned businesses.
  • Summits & Conferences:
    • The 4th edition of the India Internet Governance Forum (IIGF) was held on December 9-10, 2024, at the Bharat Mandapam Convention Center in New Delhi. Organized by the Ministry of Electronics and Information Technology (MeitY) and the National Internet Exchange of India (NIXI), the forum's theme was "Innovating Internet Governance for India" and aimed to bridge the digital divide, promote responsible AI, and ensure sustainable internet practices.
  • Sports:
    • On December 9, 2024, at the KIIT International Open tournament in Bhubaneswar, 9-year-old Aarit Kapil from Delhi stunned chess Grandmaster Raset Ziatdinov of the United States, becoming the youngest Indian to achieve this feat
    • Kush Maini made history by winning the Formula 2 Constructors' Championship with Invicta Racing on December 9, 2024, in Abu Dhabi. This achievement marks him as the first Indian to win a FIA Constructors' World Championship in junior formula racing.
  • Govt. Schemes:
    • On December 10, 2024, the Tamil Nadu government launched the Kalaignar Handicrafts Scheme to empower artisans and craftsmen. The scheme provides financial assistance and support to sustain and grow traditional crafts.
  • Awards & Honours:
    • On December 9, 2024, renowned filmmaker Shaji N Karun was honored with the JC Daniel Award 2023 for his lifetime contributions to Malayalam cinema. This prestigious award includes a cash prize of ₹5 lakh, a citation, and a statuette.
  • Obituaries:
    • Somanahalli Mallaiah Krishna, former Karnataka Chief Minister and External Affairs Minister, passed away at 92 on December 10, 2024. Renowned for transforming Bengaluru into India's Silicon Valley, he was awarded the Padma Vibhushan.

Question:

1 On which date did ISRO launch the European Space Agency's (ESA) Proba-3 mission?

  • A) December 3, 2024
  • B) December 5, 2024
  • C) December 7, 2024
  • D) December 10, 2024

2 What is MuleHunter.ai?

  • A) A financial literacy program
  • B) A mobile banking app
  • C) An AI/ML-based model to combat digital frauds
  • D) A blockchain technology platform
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