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- Who has recently unveiled ‘SCORES 2.0’?
- UGC
- SEBI
- SBI
- RBI
Show The Answer 2. SEBI
2. Who has been appointed as Youth Icon by the Election Commission?
- Ranveer Singh
- Neeraj Chopra
- Raj Kumar Rao
- Ayushmann Khurrana
Show The Answer 4. Ayushmann Khurrana
3. Where did Juan Vicente, the world’s oldest man, die at the age of 114?
- Japan
- Venezuela
- China
- Australia
Show The Answer 2. Venezuela
4. Who is the recently launched AI software engineer of India?
- Devika
- Irah
- Devin
- Muhammad
Show The Answer
5. Where was the celebration of the 250th anniversary of the world’s first postal stamp, ‘Copper Stamp’, held?
- Madhya Pradesh
- Uttar Pradesh
- Bihar
- Rajasthan
Show The Answer 3. Bihar
6. India’s foreign exchange reserves have increased by how many million dollars?
- 141
- 140
- 142
- 143
Show The Answer 2. 140
7. The International Year of Millets (IYM) 2023, organized by the Food and Agriculture Organization (FAO), was recently concluded in which city?
- Rome
- Washington
- Manila
- Jakarta
Show The Answer
8. Which city’s famous ‘Sanjhi Craft’ has been given GI tag (Geographical Indication) status?
- Cherrapunji
- Puri
- Varanasi
- Mathura
Show The Answer 4. Mathura
9. Which men’s doubles has recently won the Miami Open 2024 title?
- Andre Agassi and Amos Mansdorf
- Rohan Bopanna and Matt Ebden
- Ramkumar Ramanathan and Saket Myneni
- None of these
Show The Answer 2. Rohan Bopanna and Matt Ebden
10. Which country has recently successfully launched Yunhai-3 satellite for atmospheric and space environment monitoring?
- China
- South Korea
- Japan
- Russia
Show The Answer
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Some lines of current affairs 23 April 2024 news
National
The Indian Navy holds a large naval exercise called “Poorvi Lehar” on the East Coast.
On April 20, 2024, the Indian Navy conducted Exercise Poorvi Lehar (XPOL) 2024 on the East Coast to test procedures and assess readiness for maritime security challenges. Vice Admiral Rajesh Pendharkar, the Flag Officer-Commanding-in-Chief of the Eastern Naval Command headquartered in Vishakapatnam, Andhra Pradesh, oversaw the exercise.
XPOL 2024 involved multiple phases:
- Tactical Phase: Combat training in realistic scenarios.
- Weapon Phase: Successful firing exercises.
The exercise featured participation from ships, submarines, aircraft, and special forces, including assets from the Indian Air Force (IAF), Andaman and Nicobar Command, Eastern Naval Command, and Coast Guard, showcasing strong interoperability.
A key aspect was the operation of aircraft from various locations, ensuring continuous maritime awareness in the operational area.
Recent developments include the appointment of Dinesh Kumar Tripathi as the 26th Chief of Naval Staff, effective April 30. Indian Navy Day is celebrated annually on December 4.
Details about the Indian Navy:
- Chief of Naval Staff (till April 29, 2024): Radhakrishnan Hari Kumar (25th)
- Headquarters: New Delhi, Delhi
- Founded: 1950
PM Modi opened the 2550th Bhagwan Mahaveer Nirvan Mahotsav on Mahaveer Jayanti.
On April 21, 2024, during Mahavir Jayanti, Prime Minister Narendra Modi opened the 2550th Bhagwan Mahaveer Nirvan Mahotsav at Bharat Mandapam in New Delhi. He also unveiled a special stamp and coin for the occasion.
Key figures, including Union Minister Arjun Ram Meghwal, Ministry of Culture, and Jain community leaders, attended the event.
About the 2550th Bhagwan Mahaveer Nirvan Mahotsav:
- It celebrates Bhagwan Mahavir Swami’s Janma Kalyanak on April 21, 2024.
- The Indian government, along with the Jain community, organized cultural events at Bharat Mandapam.
- The event promotes the teachings of Bhagwan Mahaveer, especially non-violence and kindness, through a year-long “Ahimsa Mahotsav.”
Mahavir Jayanti:
- Marks the birth of Mahavir as ‘Vardhamana’ in 615 BC.
- Bhagwan Mahavir, the 24th Tirthankar, preached Jain principles like non-violence, truthfulness, non-stealing, chastity, and non-attachment.
- Jains observe five major events in the life of a Tirthankar.
About the commemorative coin:
- It’s the 8th coin for 2024 and not for circulation.
- Minted at India Government Mint, Hyderabad, Telangana.
- The coin weighs 35 grams and has a denomination of Rs 100.
- It features the Nalanda Pawapuri Jal Mandir on the reverse, along with “Bhagwan Mahaveer 2550th Nirvan Kalyanak” in Devanagari script and English, with the year 2023 at the bottom.
International
In 2023, global military spending reached a record high of $2443 billion, with the US leading and India ranking fourth, according to the SIPRI report.
On April 22, 2024, the Stockholm International Peace Research Institute (SIPRI) published its report titled ‘World Military Spending Trends, 2023’. The report revealed that global military spending reached a record high of $2443 billion in 2023, marking the 9th consecutive yearly increase at 6.8% higher than 2022, the largest jump since 2009.
Here’s a simplified breakdown:
1. Global Military Spending:
- In 2023, global military spending hit $2443 billion, rising for the 9th year in a row.
- This was a 6.8% increase from 2022, the biggest yearly rise since 2009.
2. Top 5 Military Spenders:
- The top 5 spenders in 2023 were the USA, China, Russia, India, and Saudi Arabia.
- Together, they made up 61% of the world’s military spending.
3. India’s Military Spending:
- India ranked 4th globally with a spending of $83.6 billion in 2023.
- This marked a 4.2% increase from 2022 and a 44% increase from 2014.
4. NATO Member Spending:
NATO members, including the USA, spent $1341 billion in 2023, accounting for around 55% of global military spending.
About SIPRI:
- SIPRI is an independent institute focusing on research related to conflict, armaments, arms control, and disarmament.
- Stefan Löfven chairs the SIPRI Governing Board, and Dan Smith serves as the Director.
- SIPRI is headquartered in Solna, Sweden, and was established in 1966.
Banking & Finance
Three Indian banks are ranked among the top 50 lenders in the Asia-Pacific region by assets, according to S&P Global.
Three Indian banks – the State Bank of India (SBI), HDFC Bank, and ICICI Bank – are among the top 50 largest banks in the Asia-Pacific region by assets in 2024, according to The S&P Global Market Intelligence.
China’s Industrial and Commercial Bank of China Limited maintained its position as the largest bank in Asia-Pacific and the world in 2023.
Some key points to note:
- SBI, India’s largest public sector bank, improved its ranking to 20th in 2023 from 21st in 2022, with assets valued at USD 780.05 billion.
- HDFC Bank’s valuation increased to USD 464.34 billion in 2023, a rise of over 51% from 2022. It climbed from the 46th rank in 2022 to the 33rd rank in 2023.
- ICICI Bank, India’s second-largest private sector bank, entered the top 50 Asia-Pacific lender list in 2023, securing the 48th position.
About S&P Global Inc.:
- President and Chief Executive Officer: Douglas L. Peterson
- Headquarters: New York, USA
- Established: 1917
10 Multilateral Development Banks (MDBs) introduced a new platform for global collaborative co-financing.
During the 2024 International Monetary Fund (IMF) and World Bank Spring meetings in Washington D.C. on April 20, 2024, 10 Multilateral Development Banks (MDBs) collectively introduced the Global Collaborative Co-financing platform.
This digital initiative aims to modernize development finance.
About the Global Collaborative Co-Financing Platform:
- It consists of two main parts:
- Co-Financing Portal: A secure platform for registered co-financiers to share project pipelines, hosted at the World Bank.
- Co-Financing Forum: A platform for participants to discuss co-financing opportunities, share best practices, and address common issues.
Significance:
- The platform reduces administrative burden and transaction costs.
- It fosters collaboration, transparency, and efficiency in addressing global challenges.
List of Participating Multilateral Development Banks (MDBs):
- Asian Infrastructure Investment Bank (AIIB)
- World Bank Group (WBG)
- African Development Bank (AfDB)
- Asian Development Bank (ADB)
- Council of Europe Development Bank (CEB)
- European Bank for Reconstruction and Development (EBRD)
- European Investment Bank (EIB)
- Inter-American Development Bank (IDB)
- Islamic Development Bank (IsDB)
- New Development Bank (NDB)
Economy & Business
NGEL and ITL agreed to collaborate on developing renewable energy projects.
NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) signed an MoU to support India’s green energy goals and carbon-neutral economy efforts. They will work together on developing renewable energy projects like solar and wind power, along with energy storage solutions. Soumya Kanti Chowdhuri, NGEL’s Chief General Manager, and Vikas Poddar, ITL’s Chief Financial Officer, signed the MoU. (Note: NGEL is NTPC Limited’s subsidiary.)
CSIR-IICT and BHEL team up to improve clean fuel technology. They signed an MoU to convert CO2 into DME.’
The Council of Scientific & Industrial Research- Indian Institute of Chemical Technology (CSIR-IICT) and Bharat Heavy Electricals Limited (BHEL) Corporate Research and Development (R&D) have agreed to work together on a project. They aim to develop technology that can capture and convert carbon dioxide (CO2) into Dimethyl Ether (DME) using direct catalytic conversion.
This collaboration falls under the Department of Science and Technology’s (DST) initiative on Carbon Capture and Utilisation (CCU). The goal of this initiative is to use innovative technologies to reduce carbon emissions and promote sustainable energy practices.
Funded by the DST, the project focuses on using captured CO2 to produce DME, which is a clean fuel suitable for blending with Liquefied Petroleum Gas (LPG).
Note: CSIR-IICT, established as the Central Laboratories for Scientific and Industrial Research (CLSIR) in 1944, is one of CSIR’s oldest national laboratories.
RVNL signed a Memorandum of Understanding (MoU) with TUMAS India Private Limited for Infrastructure Projects.
RVNL has partnered with Turkish Engineering Consulting & Contracting – TUMAS India Private Limited to work together on public transportation and infrastructure projects in India. They aim to execute railway infrastructure projects across different parts of India, aiming to speed up development, improve operational efficiency, and enhance connectivity within the Indian rail network.
Awards & Recognitions
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