UPSC Prelims Facts – 27 September 2024

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The President of India attended the opening ceremony of the 16th ASOSAI Assembly

  • One of the Regional Groups of the International Organization of Supreme Audit Institutions.
  • Established in – 1979
  • Members – 48.
  • The 1st Assembly and Governing Board meeting was held in New Delhi, India.

IndiaAI-Independent Business Division (IBD) is inviting nominations of B.Tech & M.Tech students for IndiaAI fellowship.

  • Implementation agency – Digital India Corporation (DIC) under the Ministry of Electronics and IT (MeitY)
  • Aim – To democratize AI’s benefits across all strata of society, bolster India’s global leadership in AI, foster technological self-reliance, and ensure ethical and responsible use of AI.

According to Nepal Trade Statistics, India continues to be Nepal’s largest trading partner.

  • India is Nepal’s largest export destination while Nepal is India’s 17th largest export destination.
  • Nepal’s exports include – Hydroelectric power, resin, agricultural produce, yarn, handicrafts, silver and gold jewellery.
  • Nepal’s imports include – Petroleum products, chemical fertilizers, salt, sugar, rice, vehicles, copper, cotton, etc. from India.

The Union Ministry of Commerce and Industry approved SPICED Scheme, an export oriented project of Spice Board.

  • Constituted in – 1987 under the Spices Board act 1986.
  • Role – Autonomous body responsible for the export promotion of the 52 scheduled spices and development of Cardamom (Small & Large).
  • Headquarter – Cochin, Kerala.
  • Ministry – Ministry of Commerce and Industry

Minerals Security Partnership (MSP) launched Minerals Security Partnership Finance Network

  • A collaboration of 14 countries and European Union to catalyse public and private investment in responsible critical minerals supply chains globally.
  • India joined MSP in 2023.
  • Focuses on the minerals and metals supply chains most relevant for clean energy technologies.

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