Current Affairs Overview and Highlights

Oct 1, 2024

Current Affairs Lecture Notes

Introduction

  • One-stop solution for current affairs.
  • Discount code: Vikas10 for 10% off.
  • New initiative: One-year free subscription for best current affairs comments in homework section.
  • Daily winner announcement.

Important Current Affairs (April)

ILO Report on Climate Impact

  • Report Title: Ensuring safety and health at work in changing climate (April).
  • Key Findings:
    • A: 22.85 million occupational injuries, 8970 deaths due to excessive heat.
    • B: 26.2 million with chronic kidney disease due to heat exposure (2020).
    • C: 1.6 billion workers exposed to UV radiation (not cardiovascular, but skin cancer).

Neobanks and PPI Approvals

  • Revolut India received RBI approval for issuing PPI’s (payment instruments).
  • Neobanks: Banks without physical branches.

Loris World Sports Award 2024

  • Winners:
    • Novak Djokovic: Sportsman of the Year.
    • Aitana Bonmati: Sportswoman of the Year.
    • Spain's Women’s Football Team: Team of the Year.

World Energy Leadership Award 2024

  • Winners:
    • Dr. Sultan Ahmed Al-Zabair (UAE): Global Energy Transition Impact Award.
    • Veklav Smild (Canada): Energy Systems Luminary Award.
    • Daniel Nicole Dunlop (Scotland): Visionary Leadership Award.

NASA's Dragonfly Mission

  • Mission to Titan (largest moon of Saturn) costing $3.35 billion.
  • Launch planned for July 2028, arrival in 2034.

MOU Between India and Cambodia

  • Department of Administrative Reforms signed an MOU with Cambodia for HR development.

AU Small Finance Bank Launches ATM Insurance

  • ATM Insurance introduced along with two credit cards.

IndusInd Bank and CBDC Pilot

  • First bank to execute RBI’s pilot for farmer compensation using CBDC.
  • Pilot started with 50 farmers in Maharashtra.

DRDO Developments

  • Lightest Bulletproof Jacket developed for high-level threats.
  • Location: Kanpur, UP.

National Panchayati Raj Day

  • Observed on April 24.
  • Established due to the 73rd Amendment Act of 1992.

SJVN Limited's Green Hydrogen Project

  • India’s first multi-purpose green hydrogen project inaugurated in Himachal Pradesh.

International Financial Services Centre MOU

  • Signed with Capital Markets Authority of Kuwait for technology sharing.

RBI's Asset Reconstruction Companies Directions

  • Minimum net worth requirements set for ERCs.

Kotak Mahindra & Bank of Baroda Restrictions

  • RBI restrictions on new customer onboarding for Kotak Mahindra Bank.

Appointments

  • Amitabh Singh Chaudhary: MD, CEO of Axis Bank.
  • Geeta Sabrawal: UN Resident Coordinator in Indonesia.

Rocket Lab Launches NASA & South Korea's Satellites

  • Launched NASA's ACS-3 and South Korea's NEONSET.

World Malaria Day

  • Observed on April 25 with the theme "Accelerating the fight against malaria."

NABARD & Digital Agri Lending

  • MOU with RBI to fast track digital agricultural lending.

New Companies Getting Navratna Status

  • IREDA and HUDCO received Navratna status.

ISRO Satellite Imagery Findings

  • 676 glacial lakes expanded since 1984 due to climate change.

Small Finance Bank Conversion Criteria

  • Minimum net worth required for conversion into a universal bank: 1000 crore rupees.

ICC Men's T20 World Cup 2024 Brand Ambassadors

  • Yuvraj Singh appointed as ambassador; hosted by the USA and West Indies.

New Book Release

  • The Winner's Mindset by Shane Watson, published by Harper Collins.

World Energy Congress 2024

  • Hosted in Rotterdam, Netherlands.

RBI's Foreign Portfolio Investors Limit

  • Remains unchanged at 6% for FY25.

Delhi Airport Ranking

  • Ranked 10th in the top 10 busiest airports worldwide.

RBI's Key Fact Statements Mandate

  • Effective from October 1, 2024 for new retail and MSME borrowers.

International Partnerships

  • MOU signed between Bulgaria's National Audit Office and CAG of India.

New Appointments in Indian Defense

  • Dinesh Kumar Tripathi: 26th Chief of Naval Staff.
  • Naleen Prabhat: DG of NSG.

BrahMos Delivery

  • First batch delivered to the Philippines.

Trends in World Military Expenditure 2023 Report

  • Global military expenditure reached $2,443 billion.

Asia-Pacific Banks Rankings

  • ICICI Bank debuts, SBI ranked 20th.

CIDC Vishwakarma Awards 2024 Winner

  • Purvankara Limited awarded for social development.

Candidates in Chess Federation

  • D Gukesh won in the open category against Hikaru Nakamura.

New Book by Sridharan Pillai

  • Heavenly Islands of Goa released.

Zimbabwe's New Currency

  • Launched a gold-backed currency (ZIP).

Slovak Republic Presidential Election

  • Peter Pellegrini won.

Bilkis Mir Jury Member Appointment

  • First Indian woman jury member at the 2024 Summer Olympics in Paris.

SpaceX Bandwagon-1 Mission

  • Launched from Florida, USA, carrying 11 satellites.

F1 Japanese Grand Prix Winner

  • Max Verstappen won.

Sitwe Port Operations

  • India Ports Global Limited to operate Sitwe Port in Myanmar.

Global Unicorn Index 2024

  • India ranks 3rd with 67 unicorns.

UN Women Status of Women Chair

  • Saudi Arabia to chair 69th session in 2025.

Finance Commission Member

  • Manoj Panda appointed a member.

India’s Youth Employment Report

  • Youth accounts for 83% of unemployed workforce.

Turing Award 2023

  • Avi Vigderson awarded for contributions in computing.

New Species Discoveries

  • Pusatia champaranjirivin: Green linux spider discovered.

Indian Army's Acquisition

  • Acquired IGLAS man-portable air defense systems from Russia.

Prime Minister of Republic of Ireland

  • Simon Harris appointed.

Huron Global Rich List 2024

  • Mukesh Ambani ranked 10th.

Global E-Waste Generation

  • 62 million tons generated in 2022.

WHO's AI Initiative

  • Launched SARA for digital health.

India's First Contactless Payment Wearable

  • Launched by IndusInd Bank.

UN General Assembly on AI

  • Resolution proposed by the USA.

Final Notes

  • Review these current affairs regularly for better retention and understanding.