28 July 2023 Current Affairs – The Day’s Top News | GKSERIES

Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 28 July 2023, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.

So, here is the Top News of the Day for 28 July 2023 to help you prepare the Latest Current Affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Current Affairs for Competitive Exam – 28 July 2023

International Tiger Day 2023: Date, Significance, and History

International Tiger Day 2023: Date, Significance, and History

International Tiger Day 2023: Since its beginning in 2010 during the Saint Petersburg Tiger Summit, International Tiger Day has been observed yearly on July 29th. The primary goal of this day is to draw attention to the precipitous reduction in wild tiger populations, which has driven them to the brink of extinction. By celebrating this occasion, we aim to create awareness about the crucial efforts of tiger conservation.

Daily Current Affairs Quiz: July 2023

The global celebration of International Tiger Day brings people together from all over the world to raise awareness about the predicament of tigers. The ultimate goal is to establish a comprehensive international system dedicated to safeguarding tigers and their natural habitats. When we ensure a safe and flourishing environment for tigers, it also means preserving other species and protecting our forests.

We hope that by commemorating International Tiger Day, we can create a future in which humans and tigers can cohabit together. By working towards tiger conservation, we contribute to the preservation of biodiversity and foster an environment where both humans and wildlife thrive side by side.

Here are some key reasons why International Tiger Day 2023 is significant:

Tiger Conservation Awareness: International Tiger Day serves as a global platform to spread awareness about the threats faced by tigers, including habitat loss, poaching, illegal wildlife trade, and human-wildlife conflict. It emphasizes the importance of protecting and conserving tigers to ensure their survival for future generations.

Tiger Population Monitoring: The day provides an opportunity for conservation organisations and governments to share information about tiger population numbers and conservation efforts. This data is crucial in evaluating the success of conservation initiatives and identifying areas that require more attention and support.

Global Collaboration: International Tiger Day encourages countries to come together and collaborate on tiger conservation. As tigers inhabit various regions across Asia, cooperation between countries is essential to protect tiger populations that often cross national borders.

Policy Advocacy: On this day, stakeholders such as non-governmental organisations (NGOs), governments, and wildlife organisations can campaign for tougher regulations and measures to safeguard tigers and their habitats. It highlights the need for stricter law enforcement against poaching and illegal wildlife trade.

Public Engagement: International Tiger Day engages the public, motivating them to get involved in tiger conservation efforts. People are encouraged to participate in awareness campaigns, support conservation projects, and contribute to the protection of tigers.

Ecosystem Preservation: Tigers are apex predators, and their presence helps maintain the balance of their ecosystems. By conserving tigers and their habitats, we also protect numerous other species and the overall biodiversity of the ecosystems they inhabit.

Cultural and Symbolic Significance: Tigers have deep cultural and symbolic importance in many Asian countries. They are revered and considered symbols of power, strength, and beauty. International Tiger Day celebrates tigers’ cultural significance while advocating for their conservation.

Overall, International Tiger Day is a significant annual event that strives to draw attention to the plight of tigers and the critical need for conservation efforts. By working together globally, we can make a positive impact on tiger populations and ensure the survival of these iconic big cats in the wild.

History of International Tiger Day

International Tiger Day was first celebrated in 2010 after it was found that 97% of all wild tigers had disappeared in the last century, with about only 3,000 of them remaining. Tigers are on the verge of extinction, and International World Tiger Day strives to prevent the situation from worsening. The fall in the tiger population is caused by a variety of factors, including habitat loss, climate change, hunting, and poaching. Along with the preservation of these species, the day also aims to protect and expand their habitats. Many international organizations such as the WWF, the IFAW, and the Smithsonian Institute also observe International Tiger Day.

With the loss of habitat and climate change, tigers are increasingly coming into conflict with humans. Poaching and the illegal trade industry is also a very serious threat that wild tigers face. Demand for tiger bone, skin, and other body parts is leading to increased cases of poaching and trafficking.

This is resulting in localized extinctions, which has made the revival of the tiger population next to impossible. Another threat that has negatively impacted the tiger population is the loss of habitat. All across the world, we are witnessing a loss of tiger habitats due to access routes, human settlements, timber logging, plantations, and agriculture. In fact, only about 7% of the original tiger habitats are still intact today. Experts also worry that the lack of genetic diversity among tigers can lead to inbreeding in small populations. The ever-increasing habitat loss means that the conflicts between tigers and humans are on the rise. Tigers may wander into the human population which is worrying for people as well as these majestic cats.

Important Takeaways for All Competitive Exams:

  • World Wildlife Fund Headquarters: Gland, Switzerland;
  • World Wildlife Fund Founded: 29 April 1961;
  • World Wildlife Fund Director General: Marco Lambertini.

World Hepatitis Day 2023: Date, Theme, Significance and History

World Hepatitis Day 2023: Date, Theme, Significance and History

World Hepatitis Day is observed every year on July 28th to increase global awareness of hepatitis. The primary goal of this awareness campaign is to address the alarming statistics that show that someone dies from hepatitis or related illnesses every 30 seconds around the world. Therefore, it is crucial to have precise information about the disease and take necessary actions. The campaigns and activities conducted on World Hepatitis Day 2023 aim to educate people about the disease and its various aspects.

Daily Current Affairs Quiz: July 2023

What is Hepatitis?

Hepatitis virus has five commonly known strains: Type A, B, C, D and E. All of them affect the liver but there are some key differences in origin, transmission and severity of the disease. Hepatitis can be preventable with immunization and manageable, but there is no cure at present.

While all kinds of hepatitis can cause liver disease, the symptoms, modes of transmission, and overall impact may vary. Common manifestations include fatigue, stomach pain, fever, and in severe cases, liver failure and brain damage. However, some individuals with hepatitis may not display any symptoms, underscoring the significance of awareness and early detection.

On World Hepatitis Day, numerous health campaigns and events are organized to raise consciousness about hepatitis and its prevention. These efforts try to educate people about the disease’s hazards and how to protect themselves and their communities. By providing individuals with knowledge and promoting preventive measures, the objective of World Hepatitis Day is to control the transmission of hepatitis and enhance global public health.

Theme of World Hepatitis Day 2023

Every year on 28th July, World Hepatitis Day is commemorated to promote awareness about viral hepatitis, with the theme ‘one life, one liver’ this year.Each year, this day focuses on a specific theme to increase knowledge about the current situation of hepatitis worldwide and bring about positive changes. Various events such as campaigns, seminars, and lectures are organized, inviting people from all over the world to participate and learn more about the disease.

Significance of World Hepatitis Day 2023

There has been much work done towards eliminating Hepatitis from roots across the globe. The goal of World Hepatitis Day is to increase awareness and encourage people to learn about the disease’s diagnosis, treatment, and prevention. The event has set stepwise goals, such as;

  • Raise awareness about the type of Hepatitis and their transmission process.
  • Reinforce the prevention and control of hepatitis.
  • Enhance vaccination drive against hepatitis B.
  • Encourages global response against the disease.

History of World Hepatitis Day 2023

Initially observed on May 19, World Hepatitis Day was moved to July 28 in 2010. The World Hepatitis Alliance was founded in the year 2007, and in 2008, the first community-organised World Hepatitis Day was observed. This happened after the World Health Assembly voted to honour Baruch Samuel Blumberg’s birthday. He was the American physician who discovered Hepatitis B in the 1960s.

World Hepatitis Day, 28 July, is an opportunity to step up national and international efforts on hepatitis, encourage actions and engagement by individuals, partners and the public and highlight the need for a greater global response as outlined in the WHO’s Global hepatitis report of 2017.

The 28th of July was designated as the birthday of Nobel laureate Dr. Baruch Blumberg, who discovered the hepatitis B virus (HBV) and created a diagnostic test and vaccination for the virus.

Low coverage of testing and treatment is the most important gap to be addressed in order to achieve the global elimination goals by 2030.

Important takeaways for all competitive exams:

  • WHO Headquarters: Geneva, Switzerland; Director general: Tedros Adhanom.

India launched international Big Cat Alliance for conserving 7 big cats

India launched international Big Cat Alliance for conserving 7 big cats

India has recently launched the International Big Cat Alliance (IBCA) with the aim of conserving seven major big cat species on Earth. The IBCA will focus on safeguarding and conserving essential big cat species such as the Tiger, Lion, Leopard, Snow Leopard, Puma, Jaguar, and Cheetah, inspired by the success of Project Tiger, which has contributed to India being home to 70% of the world’s tigers.

Daily Current Affairs Quiz: July 2023

The idea for the alliance originated in July 2019, when Prime Minister Modi called for a coalition of global leaders to join forces against poaching and illegal wildlife trade in Asia on Global Tiger Day. The establishment of the International Big Cat Alliance is a testament to the commitment to this initiative’s principles. The coalition, according to Modi, will be critical in mobilising financial and technological resources to support the entire ecosystem involved with big cats, assuring their conservation and protection.

Aim of IBCA

The alliance aims to reach out to 97 range countries covering the natural habitats. IBCA would further strengthen global cooperation and efforts to conserve the wild denizens, especially the big cats.

Significance of big cats alliance:

The alliance seeks to bring together countries, conservationists, and experts from around the world to collaborate on conservation efforts for these seven big cat species.

India intends to share knowledge, expertise, and best practises in big cat conservation with other countries with substantial big cat populations, such as Indonesia, Brazil, and South Africa, through the IBCA. The alliance also aims to facilitate collaborations between governments, NGOs, and the private sector to create sustainable solutions for conservation.

The launch of IBCA marks a significant step towards the conservation of these magnificent animals, as their populations face unprecedented threats from habitat loss, poaching, and human-animal conflicts.

Sports Ministry accords recognition to Handball Association of India

Sports Ministry accords recognition to Handball Association of India

The Union Ministry of Youth Affairs and Sports has decided to officially recognise the Handball Association of India (HAI) as the National Sports Federation (NSF) in charge of promoting and governing the sport in India.

Daily Current Affairs Quiz: July 2023

Handball Association of India (HAI) as a National Sports Federation (NSF)

  • The Sports Ministry has acknowledged the Handball Association of India (HAI) as a fully functional National Sports Federation (NSF) tasked with overseeing the management of handball sports in the country.
  • HAI holds official affiliations with international governing bodies, including the International Handball Federation and the Asian Handball Federation, as well as the Indian Olympic Association.
  • The election of the HAI was conducted under the supervision of Retd. District Judge Justice Deepak Kumar Srivastava.

Handball Association India (HAI)

Jagat Singh Lohan founded the Handball Association of India on June 15, 1972. His contributions during the Munich Olympics played a crucial role in laying its foundation.

HAI serves as the governing body for handball in India and has been a member of the Asian Handball Federation (AHF) and the International Handball Federation (IHF) since 1974. It also belongs to the Commonwealth Handball Association and the South Asian Handball Federation.

The National Sports Federation of India (NSFOI)

The National Sports Federation of India (NSFOI) is dedicated to promoting the fundamental principles of sports on a national level, operating within the sports framework. They are fully committed to athlete development and supporting programs for sports accessible to all, as well as fostering high-performance sports throughout the country.

Key takeaways for competitive examinations

  • President of Handball Association India (HAI): Digvijay Chautala

Aditya Samant becomes India’s 83rd Grandmaster at Biel Chess Festival

Aditya Samant becomes India’s 83rd Grandmaster at Biel Chess Festival

Aditya Samant, hailing from Maharashtra, achieved the title of India’s 83rd Grandmaster by obtaining his third GM norm during the Master Tournament (MTO) at the Biel International Chess Festival. His adventure began in August 2022 with his first GM norm at the Abu Dhabi Masters, followed by his second GM norm at the 3rd El Llobregat Open in December of the same year.

Daily Current Affairs Quiz: July 2023

Samant’s Quest for GM Norm at BielChess MTO 2023 Tournament

Drawing his eighth-round game against Bu Xiangzhi, Samant needs to play just one more round, irrespective of the result, to achieve the GM norm. As he enters the ninth round, his live rating stands at 2525.4. In the ninth round of the BielChess MTO 2023 event in Switzerland, Samant faced Aryan Chopra.

Grandmaster (GM): The Highest Title in Chess Awarded by FIDE

The title of Grandmaster (GM) is bestowed upon chess players by the world chess organization FIDE. It is the highest title attainable for a chess player, second only to the World Champion title. To be awarded the Grandmaster title, a player must achieve a 2500 FIDE classical (or ‘standard’) rating and obtain three GM norms, as currently prescribed by FIDE.

The Biel Chess Festival 2023

The Biel Chess Festival 2023 was held in Biel, Switzerland, from the 17th to the 27th of July, and featured a 10-round Swiss tournament format. Competing players had 100 minutes for their initial 40 moves, followed by 15 minutes for the remaining part of the game, alongside a 30-second increment for each move right from the beginning.
Lê Quang Liêm emerged victorious as the champion, while Indian player Aryan Chopra secured an impressive third position in the tournament.

Key takeaways for competitive examinations

  • 2023 FIDE World Champion: Ding Liren

The Bank of Israel joins the International Committee on Credit Reporting (ICCR)

The Bank of Israel joins the International Committee on Credit Reporting (ICCR)

On July 13th, the World Bank granted the Bank of Israel official approval to join the International Committee on Credit Reporting (ICCR), which consists of worldwide credit reporting bodies.

Daily Current Affairs Quiz: July 2023

Background

In November 2022, at the winter meeting of the International Committee on Credit Reporting (ICCR), it was decided to approve the Bank of Israel’s accession as a member of the organization by a unanimous voting.

Since November, the World Bank has taken internal steps to approve the Bank of Israel’s membership and following the convening of the spring session of the ICCR committee in June, the World Bank issued an official approval for the Bank of Israel’s membership in ICCR.

About ICCR

ICCR has been established by the World Bank in 2009 with the support of Bank for International Standards (BIS). The chairperson of ICCR is Jean Pesme. The primary goal of the ICCR is to develop international credit reporting standards. ICCR includes representatives of central banks around the world and private financial regulators. The ICCR advocates for a wide, forward-thinking approach to credit reporting concerns, seeking consensus on policy issues that affect the public interest.

Responsibilities of ICCR:

To further develop the international agreed framework in its general principles. To identify areas of further consideration. Devote resources to the development of papers, reports, recommendations, and other necessary documents that will effectively assist the effective implementation of general policies.

About the Bank of Israel

  • Central Bank of Israel.
  • Establishment: 1954
  • Headquarter: Kiryat HaMemshala in Jerusalem with a branch in Tel Aviv.
  • Current Governor: Amir Yaron
  • Director General: Shulamit Geri

India’s Nidhi Buley and Ritika among four females to enter BCCI umpiring panel

India’s Nidhi Buley and Ritika among four females to enter BCCI umpiring panel

The Indore-based Buley sisters, Nidhi and Ritika Buley, are among the four retired female cricketers who have made their way into the BCCI umpires’ panel with a distinction. Nidhi represented India in a Test and an ODI in 2006, while her younger sister Ritika represented Madhya Pradesh in 31 First-Class games. The BCCI conducted the exam for retired cricketers from June 10-13 and the result was declared.

Daily Current Affairs Quiz: July 2023

Overview of the news:

  • To make the cut, candidates needed to score more than 120 points out of 150, and Nidhi and Ritika both passed with flying colours, scoring 133.5 and 133 points, respectively.
  • V Kritika from Tamil Nadu and Ankita Guha of Vidarbha were the other females who were elevated to the BCCI panel, taking the overall number of BCCI-empanelled women umpires to seven.
  • Nikhil Patil of Mumbai Cricket Association topped the exam with 147 marks.
  • Earlier this year, the trio of Vrinda Rathi, N Janani and V Gayathari made history by becoming the first-ever women umpires to officiate in the prestigious Ranji Trophy.

About the Nidhi and Ritika Buley

Born into a sporting family, both Nidhi and Ritika want to represent India in the umpiring world for different reasons. The elder sister did not have a long career for India and missed out on playing at the prestigious Lord’s, whereas Ritika, who was unable to reach the greatest level as a player, wished to join the large club as a match official. Their inspiration is another Indore-based cricketer turned umpire, Nitin Menon, who is the only Indian in the ICC elite panel.

The 31-year-old Ritika also wants to umpire in both men and women games and climb to the highest level. Umpiring remains a male dominated territory and Ritika hopes for a change in the foreseeable future. Nidhi, on the other hand, had moved to Jharkhand from MP in her playing days and represented the former while appearing for the umpiring exam.

Asian Paints appoints former Ashok Leyland MD R Seshasayee as chairman

Asian Paints appoints former Ashok Leyland MD R Seshasayee as chairman

R Seshasayee has been named Chairman of Asian Paints’ board of directors for the period October 1, 2023 to January 22, 2027. He will succeed the current Chairman, Deepak Satwalekar, whose term is set to conclude on September 30 this year.

Daily Current Affairs Quiz: July 2023

Professional Journey and Leadership Roles of R Seshasayee

R Seshasayee, a Chartered Accountant, embarked on his professional journey with Hindustan Lever Ltd in 1971. During his time at Ashok Leyland Limited, he held various important positions, including Managing Director from 1998 to 2011, Executive Vice Chairman from 2011 to 2013, and Non-Executive Vice Chairman from 2013 to 2016.

Furthermore, he assumed the position of Non-Executive Chairman at IndusInd Bank from 2007 to 2019. He also held prestigious leadership positions in industry associations, such as being the President of the Society of Indian Automobile Manufacturers during 2001-2003 and the President of the Confederation of Indian Industry during the year 2006-2007.

Directorship and Committee Roles of Seshasayee at Asian Paints Limited

On January 23, 2017, Seshasayee was appointed as an Independent Director of Asian Paints Limited. Within the Board of Directors of Asian Paints Limited, he currently serves as the Chairman of the Investment Committee and is a member of both the Audit Committee and the Nomination & Remuneration Committee.

About Asian Paints

Asian Paints Ltd is an Indian multinational paint manufacturer headquartered in Mumbai, Maharashtra. The company manufactures, sells, and distributes paints, coatings, home décor items, bath fittings, and related services. Additionally, it serves as the holding company for Berger International.

Key takeaways for competitive examinations

  • Current Chairman of Asian Paints Ltd: Deepak Satwalekar

PM inaugurates International Exhibition-cum-Convention Centre – ‘Bharat Mandapam’

PM inaugurates International Exhibition-cum-Convention Centre – ‘Bharat Mandapam’

Prime Minister Narendra Modi inaugurated the revamped Pragati Maidan complex in Delhi, introducing the impressive International Exhibition-cum-Convention Centre (IECC), also known as Bharat Mandapam.

Daily Current Affairs Quiz: July 2023

Prime Minister Narendra Modi recently inaugurated the freshly renovated Pragati Maidan complex in Delhi, unveiling the spectacular International Exhibition-cum-Convention Centre (IECC), popularly known as ‘Bharat Mandapam.’ The IECC is set to become the largest conference and exhibition site in India and will be the venue for the upcoming G-20 Summit in September.

Developed at a cost of approximately Rs 2,700 crore, the project was designed by renowned international firm Aedas, known for their work on the Marina Bay Sands in Singapore, along with Indian firm Arcop, which played a role in the design of IGI Airport Terminal 3.

Impressive Features of IECC

PM inaugurates International Exhibition-cum-Convention Centre – ‘Bharat Mandapam’

  • Covers an area of 53,399 square metres and costs roughly Rs 2,700 crore.
  • Accommodates 7,000 people in its multi-purpose and plenary halls combined.
  • Seating capacity is more than that of the famed Sydney Opera House, housing about 5,900 people.
  • Designed by Aedas, the architect of Marina Bay Sands, and Indian firm Arcop, involved in IGI Airport Terminal 3.

Inspired Architectural Design

  • The building’s elliptical shape draws inspiration from the shankha or conch shell.
  • Integration of traditional art elements on walls and facades.
  • A magnificent amphitheatre with a seating capacity of 3,000 people, equivalent to three PVR theatres combined.

Devendra Kumar Upadhyaya appointed as Chief Justice of Bombay High Court

Devendra Kumar Upadhyaya appointed as Chief Justice of Bombay High Court

The appointment of Justice Devendra Kumar Upadhyaya as the new chief justice of Bombay High Court has been officially notified by the Central Government, while Justice Dhiraj Singh Thakur has been appointed as the chief justice of Andhra Pradesh High Court.

Justice Devendra Kumar Upadhya will succeed Justice Nitin Madhukar Jamdar, the current Chief Justice of the Bombay High Court.

Daily Current Affairs Quiz: July 2023

Justice Upadhyaya: From Allahabad to Bombay High Court Chief Justice

For the previous 11 years, Justice Upadhyaya had been a sitting judge of the Allahabad High Court. During this tenure, he gained considerable experience in administering justice within the largest high court which comprises a total of 160 judges in the country.

The Supreme Court Collegium determined that he was fit and appropriate for advancement. His nomination as the new chief justice of the Bombay High Court assures that the Allahabad High Court is sufficiently represented among the country’s chief justices.

Justice Upadhyaya’s Career Milestones

Justice Upadhyaya, born on June 16, 1965, completed his law degree from Lucknow University in 1991 and subsequently became a registered advocate on May 11, 1991. He specialized in handling Civil and Constitutional cases at the Lucknow bench of the Allahabad High Court. On November 21, 2011, he was elevated as an additional judge and later, on August 6, 2013, he was appointed as a permanent judge.

Justice Thakur’s Appointment to Andhra Pradesh High Court

Justice Dhiraj Singh Thakur, a judge on the Bombay High Court, has been appointed as the Chief Justice of the Andhra Pradesh High Court. The vacancy was created when the former Justice Prashant Kumar Mishra was elevated as a judge to the Supreme Court on May 19.

Justice Thakur was a former judge of High Court of Jammu & Kashmir in 2013. He was transferred to the Bombay High Court in June 2022, where he has served with distinction.

Key takeaways for competitive examinations

  • 50th and current Chief Justice of India: Dhananjaya Yeshwant Chandrachud
  • Minister of Law and Justice in India: Arjun Ram Meghwal

Canara Bank Tops Public Sector Banks in Lending to State PSUs and Corporations for Fifth Consecutive Year

Canara Bank Tops Public Sector Banks in Lending to State PSUs and Corporations for Fifth Consecutive Year

In a remarkable achievement, Canara Bank has once again emerged as the leading public sector bank in lending to state-owned corporations and Public Sector Undertakings (PSUs) for the fifth consecutive year. The Finance Ministry, in response to queries raised by MP Velusamy P, disclosed that Canara Bank’s lending to government-backed entities reached an impressive ₹187,813 crore during the fiscal year 2022-23 (FY23). This was an 11% rise over the previous fiscal year, when the bank disbursed 1,69,532 crore to government entities.

Daily Current Affairs Quiz: July 2023

Canara Bank’s Dominance in Lending:

Canara Bank’s dedication to assisting state-run public sector firms and corporations is unrivalled, accounting for more than 45% of overall loans by public sector banks. This demonstrates the bank’s robust financial strength and dedication to fulfilling the financial needs of government-backed entities.

Here’s a table representing the top lenders to State PSUs and corporations during the fiscal year 2022-23:

RankBankTotal Loan Disbursed (in ₹ crore)
1Canara Bank187,813
2Punjab National Bank70,143
3State Bank of India66,523
4Bank of India25,147
5Bank of Baroda15,707
6Union Bank of India12,585
7Bank of Maharashtra10,823
8Indian Bank9,021
9Indian Overseas Bank7,490
10Central Bank of India3,949
11UCO Bank2,939
12Punjab and Sind Bank88.7

Punjab National Bank’s Performance:

With a total loan disbursal of 70,143 crore in the previous fiscal year, Punjab National Bank ranked second in terms of lending to State and Union Territory-owned enterprises.However, the bank experienced a decline in lending compared to FY22 when it disbursed ₹96,396 crore.

State Bank of India’s Lending Activity:

Despite being the country’s largest public sector bank, State Bank of India’s loan to state firms fell from 81,735 crore in FY22 to 66,523 crore in FY23. The decline may be attributed to various factors affecting the bank’s lending policies during the said period.

Bank of Baroda’s Reduction in Lending:

Bank of Baroda also witnessed a significant reduction in lending to corporations and State PSUs during FY23. The total loan disbursed in the previous fiscal amounted to ₹15,707 crore, down from ₹42,015 crore in FY22.

Lowest Exposure:

On the other end of the spectrum, Punjab & Sind Bank had the least exposure to state PSUs and companies in FY23, lending 88 crore, a considerable fall from the previous year’s lending of 3,570 crore.

Overall Lending Trends:

The combined lending by 12 public sector banks to government entities declined to ₹4.12-lakh crore in FY23 from ₹4.93-lakh crore in FY22. This reduction may reflect various economic and market conditions during the period.

State Governments’ Loans:

In an interesting observation, the Union Finance Ministry disclosed that nationalized banks did not disburse loans to State governments in the last five years. The information reveals a specific tendency in public sector banks’ lending practises to state governments.

Amit Shah launches virtual platform, part of ‘Mera Gaon Meri Dharohar’ proj

Amit Shah launches virtual platform, part of 'Mera Gaon Meri Dharohar' proj

Union Home Minister Amit Shah launches a virtual platform, part of the unique initiative of ‘Mera Gaon Meri Dharohar’ under the ‘Azadi Ka Amrit Mahotsav’ at Qutub Minar in New Delhi. The ministry has initiated ‘Mera Gaon Meri Dharohar’ (MGMD), a pan-India project under the National Mission on Cultural Mapping in coordination with the Indira Gandhi National Centre for the Arts (IGNCA).

Daily Current Affairs Quiz: July 2023

MGMD, a pan-India project under the National Mission on Cultural Mapping in coordination with the Indira Gandhi National Centre for the Arts (IGNCA)

The main objective of the project is to culturally map India’s 6.5 lakh villages on a comprehensive virtual platform.

Shah will officially launch the virtual platform during a grand projection mapping show at the Qutub Minar slate at 7 pm on Thursday. The platform will connect people with villages of India, it said.

‘India AI’ and Meta, signed MoU to foster advancements in AI

‘India AI’ and Meta, signed MoU to foster advancements in AI

Abhishek Singh, CEO of India AI, and Shivnath Thukral, Director & Head of Public Policy, Meta have signed an MoU in India.

Daily Current Affairs Quiz: July 2023

Objective: To establish a framework for collaboration and cooperation between ‘India AI’ and Meta in the field of Artificial Intelligence & Emerging Technologies.

‘India AI’ and Meta share a common goal of raising awareness about AI’s potential benefits and risks among various stakeholders, including policymakers, businesses and civil society.

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