29 April 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 29 April 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 29 April 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 – 29 April 2023
Scientist and orator Dr N Gopalakrishnan passes away
Scientist and orator Dr N Gopalakrishnan passes away: A noted orator and retired scientist, Dr. N Gopalakrishnan passed away at the age of 68.
Prime minister Narendra Modi has penned a tribute to the deceased researcher. He took to twitter to say, “Saddened by the passing away of Dr. N. Gopalakrishnan Ji. He was a multifaceted personality. He made notable contributions to science and academia. He was also respected for his rich spiritual knowledge and interest in Indian philosophy. Condolences to his family. Om Shanti.”
April 2023 Current Affairs Quiz
He was a scientist at Advanced Seismic Testing and Research Laboratory (ASTaR) of CSIR-SERC. He had served as a design engineer at TATA Consulting Engineers, Bengaluru and later joined as scientist in the Structural Dynamics and Machine Foundation division of CSIR-SERC. He was the co-author of 61 national and international journal articles and filed for five Indian patents.
MoHUA launches the ‘City Beauty Competition’
MoHUA launches the ‘City Beauty Competition’: The MoHUA has launched ‘City Beauty Competition’ portal (https://citybeautycompetition.in).
Under this competition, wards and public spaces in cities would be judged against five broad pillars viz., (i) accessibility (ii) amenities (iii) activities (iv) aesthetics and (v) ecology. The competition would felicitate the most beautiful wards and public spaces in the cities. While selected wards would be felicitated at the city and State levels, the top most beautiful public spaces in the cities under four categories viz. Waterfronts, Green spaces, tourist/ heritage spaces and market/commercial places would first be felicitated at the State level and the shortlisted entries would thereafter be considered for National level awards.
April 2023 Current Affairs Quiz
Objective: To encourage and recognize the transformational efforts made by cities and wards across the country to create beautiful, innovative and inclusive public spaces. The last date for participating in the ‘City Beauty Competition’ is July 15, 2023. The participating ULBs can submit the required data/documents (including photographs, videos, presentation and self-reported baseline information) through the online facility created on https://citybeautycompetition.in. Administrative Staff College of India (ASCI) as the knowledge partner will provide handholding support to Wards / ULBs / States in this exercise.
Dima Hasao insurgent group signs peace pact with Assam, Centre
Dima Hasao insurgent group signs peace pact with Assam, Centre: A tribal insurgent group, Dimasa National Liberation Army (DNLA) signed the tripartite agreement with the Centre and the state government of Assam to avoid the violence and join the mainstream.
April 2023 Current Affairs Quiz
According to the MoU, the DNLA will lay down its arms and abide by the Constitution. It was decided to set up a Dimasa Welfare Council and grant a special financial package of Rs. 1,000 crores (Rs. 500 crores each by the Centre and Assam government).
About Dimasa People
- The Dimasas are one of the major tribe and a culturally rich community of Assam.
- At present the major population of the community has been residing in the hill district of Dima Hasao (erstwhile North Cachar Hills) and in scattered numbers in the districts of Karbi Anglong , Nagaon and also in the Barak valley area.
- Outside Assam the Dimasas are also settled in Nagaland.
- Language: The language spoken by the Dimasa belong to the Tibeto- Burman linguistic group. The word “Dimasa” stands for “the son of big river”.
- Historically, as the Dimasa kingdom flourished on the banks of different rivers, the people have preferred to introduce themselves as the son of a big river. Archaeological remains at Dimapur (Nagaland),Maibang (Dima Hasao district) and Khaspur (Cachar district) speak about their kingdom in these places at different phases of history .
- Society: A very outstanding feature of the Dimasa culture and an important aspect of their social relation is the existence of male and female clan. The male clan is called Sengphong and the female clan is known as Jadi or Julu .Hence a Dimasa bears allegiance to both male and female clan.
- Festival: Busu festival is observed in relation to the harvesting period of their jhum cultivation.
- When Busu is celebrated for three days it is called Busu Jidap, if it is observed for five days then is called Surem and when it is celebrated for seven days then it is called Hangseu Busu
- The celebration of the Busu festival follows with singing and dancing to the accompaniment of traditional musical instruments called the khram(drum) and the moori (blowing instrument).
Minister Narayan Rane launches the revamped CGTMSE Scheme
Minister Narayan Rane launches the revamped CGTMSE Scheme: Union Minister for MSME, Narayan Rane has launched the revamped Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Scheme.
April 2023 Current Affairs Quiz
Modifications:
Reduction in guarantee fees for loans upto ₹1 crore by 50% bringing the minimum guarantee fee to the level of 0.37% pa only. Raising of ceiling for guarantee from ₹2 crore to ₹ 5 crore. Enhanced the threshold limit for claim settlement without initiation of legal action to ₹10 lakh.
While launching the revamp measures Shri Narayan Rane impressed upon the lending institutions to make best use of liberalisation to ensure enhanced lending to the MSE Segment without insisting for collateral. He expressed confidence that such measures would enthuse bankers to reduce their dependence on availability of collateral security which continues to be a problem for MSEs, especially the first generation entrepreneurs.
India, UK joint military exercise ‘Ajeya Warrior 2023’ commenced in the UK
India, UK joint military exercise ‘Ajeya Warrior 2023’ commenced in the UK: The seventh edition of a joint military exercise between India and the UK, ‘Ajeya Warrior 2023’ has been started in the Salisbury Plains, UK.
April 2023 Current Affairs Quiz
The biennial training event started on 27 April and continues till May 11. The Indian Army has participated with indigenous weapons and equipment. Scope of exercise: It involves a Command Post Exercise (CPX) at the battalion level and company level field training exercise (FTX)
Last edition (October 2021): Chaubatia, Uttarakhand.
ITC Overtakes Infosys to become India’s Sixth Most Valuable Company
ITC’s market capitalization surges, outpacing Infosys and HDFC Ltd: ITC, one of India’s largest FMCG conglomerates, has surpassed Infosys to become the country’s sixth most valued stock exchange business. ITC surpassed Infosys on Monday, with a market capitalisation of Rs 5.11 lakh crore, after passing HDFC Ltd on Friday. This achievement comes after ITC’s share price rose 59% over the past year and 24% so far in 2023, making it the best performer in the benchmark Nifty50. Meanwhile, Infosys shares have fallen by 20% in 2023, wiping off Rs 1.80 lakh crore of investors’ fortunes, following its March quarter earnings below street estimates.
April 2023 Current Affairs Quiz
ITC’s growth potential sets it on course to overtake Hindustan Unilever
ITC will need to overtake rival FMCG business Hindustan Unilever (HUL), which presently commands an m-cap of Rs 5.88 lakh crore, to become the country’s fifth most valuable corporation. However, most analysts are optimistic that ITC shares will continue to rally, as its various businesses are expected to perform better than its peers. Additionally, 95% of analysts tracking ITC shares on Bloomberg have a “buy” recommendation on the stock. CLSA, a brokerage firm, maintained an Outperform rating on ITC with a target of Rs 430, citing the improvement in growth visibility in cigarettes aided by stability in the tax structure. “The stock remains strong, and long-term fundamentals are intact. Besides, the strong dividend yield offers support to the stock,” CLSA said.
Siddhartha Mohanty appointed as Chairman of LIC Until June 2024
Siddhartha Mohanty appointed as Chairman of LIC: Siddhartha Mohanty has been named Chairperson of the Life Insurance Corporation of India (LIC) by the government till June 29, 2024. Following that, he will serve as Managing Director and Chief Executive Officer until June 7, 2025, according to a release from LIC. Mohanty, who is currently the Managing Director, had been serving as the interim Chairperson of the state-run life insurance company since March 14, replacing M R Kumar, whose term ended on March 13, 2023.
April 2023 Current Affairs Quiz
Siddhartha Mohanty appointed as Chairman of LIC: Key Points
- In 1985, Mohanty started working for LIC as a trainee officer and has gained significant experience in the insurance industry.
- He has previously served as COO and CEO of LIC Housing Finance Ltd, senior divisional manager in Raipur and Cuttack, and head in legal, investment monitoring, and accounting.
- LIC has three managing directors, M Jagannath, Tablesh Pandey, and Mini Ipe.
- It is the biggest financial institution in the country, managing assets worth more than Rs 44.35 crore as of December 2022.
- The Appointment Committee of Cabinet has given its approval for the selection of Bishnu Charan Patnaik, who was previously the Managing Director of LIC, to become the Whole-time Member (Life) of the Insurance Regulatory and Development Authority of India (IRDAI).
- Patnaik will assume the post from the date of his appointment until he reaches the age of 62.
LIC: Important Takeaways
Here some of the Important Takeaways about LIC, Life Insurance Corporation of India:
- History: The government of India founded LIC in 1956. It was established to expand life insurance and assure the country’s economic progress.
- Services: LIC provides a range of insurance products, including life insurance, health insurance, pension plans, and unit-linked plans. It also offers group insurance and micro insurance schemes.
- Size: LIC is the largest insurance company in India and one of the largest life insurers in the world. It has a network of over 3,000 branches and more than one million agents.
- Financials: LIC has a strong financial position, with a net worth of over Rs 31 lakh crore (as of 2021). It has consistently been profitable and has a high credit rating.
World Veterinary Day 2023 observed on 29th April
World Veterinary Day 2023: World Veterinary Day is an annual event held on the last Saturday of April to raise awareness of veterinarians’ vital role in promoting animal health, welfare, and public health. This year’s event takes place on April 29th. The aim of World Veterinary Day is to recognize the hard work and dedication of veterinary professionals in protecting the health and safety of animals and humans alike. This day is a celebration of the efforts made by veterinarians worldwide to improve animal welfare and health. It also serves as a platform for the global veterinary community to come together and seek support for their work.
April 2023 Current Affairs Quiz
World Veterinary Day- Theme
“Promoting Diversity, Equity, and Inclusiveness in the Veterinary Profession” is the topic for World Veterinary Day 2023.
World Veterinary Day- Significance
Veterinarians play a crucial role not only in animal and public health but also in environmental protection and sustainability. They work to ensure the welfare of animals in diverse settings, including farms, zoos, and wildlife habitats.
They also help to conserve endangered species and protect biodiversity by collaborating with conservation organisations and wildlife management agencies. By addressing animal welfare issues and promoting sustainable agriculture practices, veterinarians are helping to create a more sustainable future for all of us.
World Veterinary Day- History
The World Veterinary Day (WVD) was established on April 29, 2000, by the World Veterinary Association (WVA). Since then, the last Saturday of April is observed as WVD every year with a new theme that highlights a specific aspect of veterinary medicine. This day provides an excellent opportunity to recognize and appreciate the significant contributions made by veterinarians to society and to increase awareness about the field of veterinary medicine.
Along with various celebrations and events organized by veterinary associations and organizations worldwide, the WVA also presents the World Veterinary Day Awards. These awards recognise and celebrate individuals or organisations that have made remarkable contributions to veterinary medicine and animal welfare.
NASA Successfully Extracts Oxygen from Lunar Soil Simulant
NASA Scientists Extract Oxygen from Lunar Soil in Vacuum Environment: NASA scientists have successfully extracted oxygen from simulated lunar soil in a vacuum environment, which could pave the way for future human colonies on the Moon. The ability to extract oxygen from lunar soil is critical for delivering breathable air to astronauts, as well as propellant for transportation and space exploration.
April 2023 Current Affairs Quiz
The Dirty Thermal Vacuum Chamber:
NASA scientists developed a special spherical chamber known as the Dirty Thermal Vacuum Chamber to recreate lunar conditions. This chamber has a 15-foot diameter and is designed to allow unclean samples to be tested inside. Inside the chamber, the vacuum environment is similar to that of the Moon, where there is no atmosphere and temperatures can range from -173°C to 127°C.
The Carbothermal Reactor:
Inside the Dirty Thermal Vacuum Chamber, the scientists used a carbothermal reactor to extract the oxygen from the lunar soil simulant. The carbothermal reactor is a device that uses heat to break down materials into their constituent parts. In this case, the reactor was used to heat the lunar soil simulant to a temperature of 1,000°C, which caused it to melt.
High-Powered Laser:
To simulate the heat from a solar energy concentrator, the scientists used a high-powered laser to melt the lunar soil simulant. The laser was able to create a temperature of 1,000°C, which is similar to the temperature on the Moon’s surface when exposed to direct sunlight. This process is similar to the one used on Earth to create items like solar panels and steel.
April 2023 Current Affairs Quiz
Mass Spectrometer Observing Lunar Operations (MSolo):
After the lunar soil simulant was heated in the carbothermal reactor, the team used a device called Mass Spectrometer Observing Lunar Operations (MSolo) to detect carbon monoxide. The MSolo is an instrument that can measure the composition of gases in a sample. Carbon monoxide is a byproduct of the carbothermal reaction and its detection indicated that the process was successful in extracting oxygen from the lunar soil simulant.
Future Missions to the Moon:
NASA intends to deploy identical instruments to the Moon’s South Pole on two forthcoming exploration missions: the Polar Resources Ice Mining Experiment-1 in 2023 and the Volatiles Investigating Polar Exploration Rover (VIPER) in November 2024. These missions will focus on the search for water and other resources on the Moon’s surface, which could be used to support future human colonies.
PM Modi inaugurates ‘NAMO Medical Education and Research Institute’
NAMO Medical Education and Research Institute Inaugurated by PM Modi: Prime Minister Narendra Modi inaugurated the ‘NAMO Medical Education and Research Institute’ in Silvassa town, located in the Union Territory of Dadra and Nagar Haveli and Daman and Diu. The institute was created at a cost of 203 crore by the Ministry of Health and is set across a lush green campus of 14.48 acres. Here are five things to know about this new medical college.
April 2023 Current Affairs Quiz
Cost and Foundation Stone
The NAMO Medical Education and Research Institute has been built at a cost of ₹203 crore, and the foundation stone for the project was laid in January 2019. The institute is a significant addition to the Union Territory of Dadra and Nagar Haveli and Daman and Diu’s healthcare infrastructure, and it is intended to boost healthcare services in the region.
Sprawling Campus and Facilities:
The campus of the NAMO Medical Education and Research Institute is spread over a sprawling 14.48-acre area in Silvassa. It features a medical college building, a 24×7 central library, residential quarters, hostels for students and interns, research labs, an anatomy museum, and a club house. The institute has an annual intake capacity of 177 medical students. The institute’s hospital is equipped with sophisticated amenities such as a blood bank, Intensive Care Units, modular operating rooms, and 24X7 emergency and pharmacy services for all indoor and outdoor patients.
Convenient Healthcare Services:
The high-class features and modern amenities of the institute are expected to facilitate healthcare services for the citizens of the Union Territory more conveniently. With an increasing demand for healthcare services, the NAMO Medical Education and Research Institute is expected to provide quality healthcare education and services to the people of the region.
Associated Hospital:
The hospital associated with the institute is the Shree Vinoba Bhave Civil Hospital in Silvassa, earlier known as the Cottage Hospital, established in the year 1952. With a present capacity of 650 beds, the hospital plans to expand to 1,250 beds in the near future. This association will not only benefit the medical students but also the patients seeking medical care.