Monthly Current Affairs September 2024

Current Affairs September 2024: Key Developments and Highlights

September 2024 witnessed several noteworthy events across sports, business, politics, and entertainment. From historic achievements in cricket and para-athletics to the debut of a new Indian airline and major business milestones, the month showcased India’s growing prominence on the global stage. Let’s delve into the detailed updates and achievements that marked this vibrant month.

Ravindra Jadeja’s Historic Milestone in Test Cricket
Indian all-rounder Ravindra Jadeja achieved a remarkable milestone in the ongoing India vs. Bangladesh Test series. He became the first Indian left-arm spinner to claim 300 Test wickets, a feat accomplished in just his 74th Test match. Additionally, Jadeja joined an elite group by becoming the second-fastest player in cricket history to score 3,000 Test runs and take 300 wickets, second only to Sir Ian Botham. Jadeja surpassed Indian greats like Kapil Dev and Ravichandran Ashwin, cementing his legacy as one of the finest all-rounders in cricket history.

Shankh Air: A New Chapter in Indian Aviation
India’s aviation sector is set to welcome Shankh Air, Uttar Pradesh’s first scheduled airline, which plans to launch by the end of 2024. With operational hubs in Lucknow and Noida International Airport, Shankh Air aims to address the demand for direct flights to underserved regions. The airline will operate twin-class, full-service Boeing 737-800NG aircraft and focus on connecting cities like Lucknow, Varanasi, and Gorakhpur. As competition intensifies in the Indian aviation market, Shankh Air’s entry could redefine regional connectivity.

Stock Exchanges Revise Transaction Fees
BSE and NSE announced changes to their transaction fees, effective October 1, 2024. This move follows SEBI’s directive to standardize fee structures across market infrastructure institutions. For instance, BSE has increased transaction charges for Sensex and Bankex options contracts to ₹3,250 per crore of premium turnover, while NSE introduced new rates for equity and currency segments. These changes aim to enhance transparency and align trading practices with regulatory standards.

Adani Tops 2024 Hurun India Rich List
Gautam Adani, founder of the Adani Group, has overtaken Mukesh Ambani as the richest Indian in the 2024 Hurun India Rich List. This shift reflects Adani’s expansion in renewable energy, infrastructure, and other sectors. While Ambani had long dominated India’s wealth rankings, Adani’s rise highlights the dynamic nature of India’s entrepreneurial landscape.

Vadhvan Port Project Launched
Prime Minister Narendra Modi laid the foundation stone for the ambitious Vadhvan Port in Maharashtra. Strategically located in Palghar, the port is set to become one of India’s largest, alleviating congestion at existing ports like JNPT. The project is expected to boost maritime trade, create jobs, and position India as a global trade hub.

Supreme Court Forms Panel for Farmers’ Protest Resolution
The Supreme Court of India established a panel comprising agricultural experts and legal representatives to mediate between the government and farmers protesting against controversial farm laws. This move aims to find a peaceful resolution, emphasizing the importance of dialogue and reform in Indian agriculture.

Reliance Industries Crosses ₹10 Lakh Crore Revenue Mark
Reliance Industries Limited (RIL) became the first Indian company to achieve ₹10 lakh crore in annual revenue. With a diverse portfolio spanning petrochemicals, telecommunications, retail, and energy, this milestone underscores RIL’s leadership and India’s growing corporate influence on the global stage.

RBI Penalizes UCO Bank
The Reserve Bank of India imposed a penalty of ₹2.68 crore on UCO Bank for regulatory non-compliance. The deficiencies included lapses in fraud classification, reporting, and adherence to income recognition norms. This highlights RBI’s commitment to maintaining stringent banking standards.

World Bank Raises India’s Growth Forecast
The World Bank revised India’s GDP growth forecast for 2024 to 7%, citing strong domestic demand and resilience against global challenges like inflation and supply chain disruptions. This positions India as one of the fastest-growing major economies globally.

Alia Bhatt Becomes Global Ambassador for L’Oréal Paris
Bollywood actress Alia Bhatt was named the global ambassador for L’Oréal Paris, representing the brand in campaigns promoting inclusivity and confidence. This association is expected to strengthen the brand’s global appeal, leveraging Bhatt’s widespread popularity.

India Shines at Paris Paralympics 2024
Indian athletes delivered outstanding performances at the Paris Paralympics, marking a historic moment for the nation. Key achievements include:

• Preethi Pal: Bronze medal in the women’s T35 100m event.
• Nishad Kumar: Silver medal in men’s high jump.
• Yogesh Kathuniya: Silver in men’s discus throw F56.
• Nitesh Kumar: Gold in badminton.
• Sumit Antil: Gold in men’s javelin throw F64.

These victories highlight the determination and talent of Indian para-athletes, inspiring millions.

Other Sporting Achievements

• Divyanshi Bhowmick: Bronze medal at WTT Youth Contender 2024.
• NorthEast United FC: Maiden Durand Cup victory.
• Wrestler Jyoti Berwal: Gold in U20 World Championships.
• Luis Suarez: Retirement from Uruguay national team.

MCQs on September 2024 Updates

1. Who became the first Indian left-arm spinner to take 300 Test wickets?
   a) Anil Kumble
   b) Ravindra Jadeja
   c) Harbhajan Singh
   d) Ravichandran Ashwin
   Answer: b) Ravindra Jadeja

2. What is the name of Uttar Pradesh’s first scheduled airline set to launch in 2024?
   a) Indigo Wings
   b) Shankh Air
   c) Air UP
   d) Vayu Airlines
   Answer: b) Shankh Air

3. Which Indian company surpassed ₹10 lakh crore in annual revenue for the first time?
   a) Tata Group
   b) Infosys
   c) Reliance Industries Limited
   d) Wipro
   Answer: c) Reliance Industries Limited

4. Which Indian athlete won gold in badminton at the Paris Paralympics 2024?
   a) Preethi Pal
   b) Nitesh Kumar
   c) Nishad Kumar
   d) Yogesh Kathuniya
   Answer: b) Nitesh Kumar

5. What is the projected GDP growth rate for India in 2024, as per the World Bank?
   a) 6%
   b) 6.6%
   c) 7%
   d) 7.5%
   Answer: c) 7%