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1. Which organization collaborated with India's Ministry of Agriculture & Farmers Welfare to launch the "Millets: Seeds of Change" exhibition?
Google Arts & Culture partnered with India's Ministry of Agriculture & Farmers Welfare to launch the "Millets: Seeds of Change" exhibition, highlighting the historical and nutritional significance of millets. This collaboration aims to showcase the evolution of millets from ancient staples to modern superfoods, emphasizing their importance in addressing global food security challenges and promoting cultural preservation through digital platforms.
2. Which bank became the first Trading cum Clearing (TCM) Member at India International Bullion Exchange (IIBX)?
State Bank of India (SBI) became the first bank to become a Trading cum Clearing (TCM) Member at India International Bullion Exchange (IIBX). This allows SBI's IFSC Banking Unit (IBU) to trade on the IIBX platform and act as a trading member and clearing member for importing gold through the bullion exchange, enhancing transparency and efficiency in India's Bullion Market.
3. In the fiscal year 2023-24, which country overtook the United States to become India's largest trading partner?
According to data from the Global Trade Research Initiative (GTRI), China emerged as India's largest trading partner in FY23-24, surpassing the United States. This shift in trade dynamics reflects the significant growth in two-way commerce between India and China, with trade values exceeding those of the US during this period.
4. How many languages does Hanooman, a GenAI platform, support?
Hanooman, a GenAI platform, supports 98 languages. This platform aims to expand to 200 million users in its first year and has established partnerships with various organizations to support AI startups and facilitate tech translations across multiple sectors like healthcare, governance, finance, and education.
5. Where did Tata Consultancy Services (TCS) unveil its Global Artificial Intelligence (AI) Centre of Excellence?
TCS announced the establishment of its Global AI Centre of Excellence in Paris, France, highlighting the company's commitment to the French market and global AI landscape. This move showcases TCS's focus on leveraging France's talent pool and fostering collaboration with global AI experts to drive innovation and development in advanced AI technologies.
6. Which company has joined the ONDC Network to revolutionize the two-wheeler industry?
Hero MotoCorp, India's leading two-wheeler manufacturer, has partnered with the Open Network for Digital Commerce (ONDC) to enhance digital accessibility for two-wheeler parts and accessories. This collaboration marks a significant step in the industry's digital transformation, offering customers a seamless digital experience for purchasing Hero MotoCorp's products online.
7. Which country's Joint Standing Committee on Trade and Investment Growth recently raised accusations of child labour in India?
The Australian Joint Standing Committee on Trade and Investment Growth accused India of child labour in a recent report. This accusation comes in the context of ongoing negotiations between India and Australia for a trade agreement, highlighting the importance of labour rights in international trade discussions.
8. Which bank introduced Pixel Play, India's premier virtual credit card partnered with Visa?
HDFC Bank launched Pixel Play, the first virtual credit card in India in partnership with Visa. This innovative card offers personalized benefits and seamless digital management through the PayZapp mobile app, setting a new standard for banking experiences in the country.
9. What was the cumulative profit achieved by public sector banks (PSBs) in FY24?
Public sector banks collectively earned a cumulative profit exceeding ₹1.4 lakh crore in the financial year ending March 2024, showcasing a notable increase from the previous fiscal year's earnings.
10. What is Moody's forecast for India's GDP growth in FY25?
Moody's predicts a 6.6% expansion for the Indian economy in FY25, reflecting their assessment of economic conditions and growth prospects. This forecast is expected to drive strong credit demand, particularly benefiting Non-Banking Financial Companies (NBFCs) despite challenges posed by rising funding costs.
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