10 PM Current Affairs Quiz #6 September 7, 2019

Explanation: India and South Korea concluded a military logistics agreement during the ongoing visit of Defense Minister Rajnath Singh to Seoul. The two countries also formulated a forward-looking road map to take bilateral defense industry cooperation to the next level, the Defense Ministry. “India will be able to get assured logistic support when it operates in the Indo-Pacific in the ports of South Korea.” Such agreements extend the reach, presence and sustainability of Navy ships when deployed at great distances from home ports, the source added.

Explanation: In a bid to curb absenteeism in government schools, the Gujarat government launched a facial-recognition based biometric online attendance system for teachers across 40,000 primary schools on Teacher’s Day

Explanation: The Union Cabinet had approved India’s largest Skill Certification Scheme, Pradhan Mantri Kaushal Vikas Yojana (PMKVY), on 20 March, 2015. The Scheme was subsequently launched on 15 July, 2015, on the occasion of World Youth Skills Day by Honorable Prime Minister, Shri Narendra Modi. PMKVY is implemented by National Skills Development Corporation (NSDC) under the guidance of the Ministry of Skill Development and Entrepreneurship (MSDE). With a vision of a “Skilled India”, MSDE aims to skill India on a large scale with speed and high standards. PMKVY is the flagship scheme that is driving towards greater realisation of this vision. Individuals with prior learning experience or skills shall be assessed and certified under the Recognition of Prior Learning (RPL) component of the Scheme. RPL aims to align the competencies of the unregulated workforce of the country to the NSQF.

Explanation: The Akash is a medium range Surface-to-air missile with multi-target engagement capability. The missile is developed by the Defence Research and Development Organisation (DRDO). The missile has a strike range of 25 km.It can reach an altitude of 18 km and can be fired from both tracked and wheeled platforms. The missile is capable of neutralizing advanced aerial targets and in striking down enemy fighter jets and drones effectively. The missile was developed as part of the Integrated Guided-Missile Development Programme (IGMDP).

Explanation: United Nations Conference on Trade and Development (UNCTAD) has released the Digital Economy Report 2019. The report outlines enormous potential gains from the increasingly interconnected global economy but calls for concerted global efforts to spread the wealth potential to the many people who currently reap little benefit from it. The report said that the United States and China create the vast majority of wealth in the digital economy as the two countries account for 75% of all patents related to blockchain technologies and as much as 90% per cent of the market capitalization value of the world’s 70 largest digital platform companies.
According to the report,India generated the ninth-highest e-commerce sales globally in 2017 by generating a total business of $400 billion.The contribution of this to GDP was 15%.