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Daily Current Affairs 13th April 2023

Current Affairs 13th April 2023 are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily Current Affairs is the complete bag of important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update for 13th April 2023 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz. 

Here is the Current Affairs 13th April 2023 covering the following news headlines: Rajasthan’s first Vande Bharat, 3D-printed post office, H3N8 bird flu, MP’s Gond Painting, ‘Miniratna Category-I’ status.

Top 18 Daily Current Affairs: National & International News:

Here is providing below the top 18 important Daily General Knowledge 2023 updates with national & international news.

                                   National News

1. PM Modi flags off Rajasthan’s first Vande Bharat Express train

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  • Prime Minister Narendra Modi launched Rajasthan’s first Vande Bharat Express train via video conferencing, which is the 15th such train in the country.
  • The prime minister emphasized that the Vande Bharat Express symbolizes development, modernity, self-reliance, and stability, enriching the spirit of ‘India First, Always First’.
  • He also mentioned that the train will greatly benefit Rajasthan’s tourism industry.

2. India’s first 3D-printed post office to come up in Bengaluru

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  • According to recent news reports, a 3D-printed post office is being built in Bengaluru, India, which will be the first of its kind in the country.
  • Residents of Cambridge Layout are reportedly pleased with this development.
  • The cost of constructing this post office is estimated to be 30 to 40 percent lower than that of a traditional building, and it is expected to be completed within 30 days.
  • The 1100 square feet post office will cost around Rs 23 lakh to construct.

                                International News

3. China records world’s first human death from H3N8 bird flu

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  • The World Health Organization (WHO) reported that a woman from Guangdong, a southern province of China, has died from a rare strain of bird flu that is not commonly found in humans.
  • Although three people have been confirmed to have been infected with the H3N8 subtype of avian influenza, this strain does not seem to transmit from person to person.
  • The deceased woman was 56 years old.

                                        State News

4. MP’s Gond Painting of Acquires GI Tag

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  • The well-known Gond painting of Madhya Pradesh has been granted the coveted Geographical Indication (GI) tag, which safeguards and acknowledges the work of tribal artists and requires approval from a committee for non-tribal artists to use the art.
  • A GI tag is a symbol used on items that are exclusively produced in a specific geographical region and have characteristics or a reputation that are associated with that location.

                                 Economy News

5. United Nations: India’s economic growth projected to decelerate to 6% in 2023 from 6.6% in 2022

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  • As per the latest Trade and Development Report Update released by the United Nations Trade and Development Conference (UNCTAD), India’s economic growth is expected to slow down from 6.6% in 2022 to 6% in 2023.
  • The report also predicts a decline in global growth in 2023 to 2.1% from the previously projected 2.2% in September 2022.
  • However, this projection is based on the assumption that the adverse impact of higher interest rates on the financial sector is limited to the first quarter’s bank runs and bailouts.

6. Retail inflation moderates to 5.66% in March from 6.44% in February

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  • India’s Annual Retail Inflation for March Eases Below Central Bank’s Tolerance Level for the First Time in 2023.
  • According to the NSO data, India’s annual retail inflation for March eased to 5.66% from 6.44% in February.
  • This is a positive development for the economy, as it indicates that inflationary pressures may be easing.
  • The central bank’s upper tolerance level for inflation is 6%, so the current rate is below this level, which is a welcome change.

                                      Business News

7. Solar Energy Corporation of India gets ‘Miniratna Category-I’ status

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  • The Ministry of New and Renewable Energy has granted Miniratna Category-I Central Public Sector Enterprise (CPSE) status to the state-owned Solar Energy Corporation of India Ltd (SECI), according to a statement.
  • SECI, which was established in 2011, is the primary implementing agency for renewable energy schemes/projects of the Ministry of New and Renewable Energy aimed at fulfilling India’s international commitments.
  • SECI has played a Central role in the rapid increase of RE generation capacity in the country and has contributed towards the nation’s climate commitments, carbon emission reduction strategies and sustainable energy transition.

                                       Banking News

8. HDFC Bank Signs $300 Million Credit Agreement with Export-Import Bank of Korea

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  • HDFC Bank, the leading private sector bank in India, has signed a Master Inter Bank Credit Agreement with the Export-Import Bank of Korea, with a total value of US $300 million.
  • The signing ceremony took place in GIFT City, Gujarat, and aims to help HDFC Bank raise foreign currency funds, which will be used to support Korea-related businesses.

9. Canara Bank and NPCI Launch Cross-Border Bill Payment Service for Indians in Oman

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  • Canara Bank and NPCI Bharat BillPay Ltd (NBBL) have collaborated to launch a service that allows Indians residing in Oman to make payments for their bills in India.
  • Canara Bank has achieved a significant feat by becoming India’s first public sector bank to provide inbound cross-border bill payment services through BBPS.
  • This breakthrough means that Indians residing in Oman can now conveniently and securely pay bills for services in their home country with ease.

10. RBI issues norms for acceptance of green deposits by banks

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  • The Reserve Bank of India (RBI) released comprehensive instructions for banks and non-banking financial companies (NBFCs) regarding the acceptance of ‘green deposits’.
  • These deposits can be utilized for financing ventures such as renewable energy, green transport, and green buildings.

11. IRDA and the role it plays in the Insurance sector

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  • The term “IRDA” refers to the Insurance Regulatory and Development Authority, which functions as the regulator of India’s insurance industry.
  • IRDA’s responsibilities include overseeing the operations of Life Insurance and General Insurance companies in the country, to safeguard the interests of policyholders and regulate the insurance sector.
  • The IRDA’s primary objective is to regulate the industry and ensure the protection of policyholders.
  • To understand more about the role and functions of the IRDA in the Indian insurance sector, continue reading to discover more about this apex body of insurance providers in India.

                                   Important Days

12. Jallianwala Bagh Massacre 104th Anniversary

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  • On April 13, 1919, the Jallianwala Bagh massacre took place in Amritsar, Punjab, which is remembered as a tragic event and a symbol of the atrocities committed against the Indian people during the British colonial era.
  • The massacre played a significant role in India’s fight for independence, as it increased the nation’s determination to achieve self-rule and break free from British subjugation.

                                Ranks & Reports News

13. World’s ‘most criminal countries’ ranking: India behind US, UK at 77 spot

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  • World of Statistics has shared the ranking of the world’s “most criminal countries”.
  • On the list, Venezuela has been ranked top, followed by Papua New Guinea (2), Afghanistan (3), South Africa (4), Honduras (5), Trinidad (6), Guyana (7), Syria (8), Somalia (9) and Jamaica (10), respectively.
  • India stood at 77 spots while the US and UK were ahead of India in the criminal ranking country.
  • The USA was at 55th number and the UK at 65th rank, according to the World of Statistics. Turkey, Germany, and Japan were among the least criminal countries, ranking at 92nd, 100th, and 135th ranks.

14. India ranks 5th in countries with most AI investment

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  • Stanford University’s AI Index report states that India is ranked fifth in terms of investments received by startups offering AI-based products and services in 2022.
  • AI startups in India received a total investment of $3.24 billion, surpassing countries such as South Korea, Germany, Canada, and Australia.
  • However, India is still behind the US, China, the UK, and Israel in terms of AI investments received.

15. Freedom House Index: Tibet ranked world’s least free country

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  • A recent report by Tibet Press highlights that, according to the Freedom in the World Index for 2023 published by international watchdog Freedom House, Tibet is the country with the least freedom in the world.
  • The report, titled “Freedom in the World 2023 Report,” was released by Freedom House on March 9 and identified Tibet, South Sudan, and Syria as the “least-free countries” in the world.

                      Summits and Conferences

16. International Conference on Defence Finance and Economics

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  • On April 12, 2023, the Ministry of Defence (Finance) hosted the International Conference on Defence Finance & Economics with the goal of facilitating discussions and partnerships among prominent policymakers, academics, and government officials from both India and other countries.
  • On April 12, 2023, the Ministry of Defence (Finance) hosted the International Conference on Defence Finance & Economics with the goal of facilitating discussions and partnerships among prominent policymakers, academics, and government officials from both India and other countries.

                                       Obituaries News

17. Bangladeshi Freedom fighter, public health pioneer Dr Zafrullah Chowdhury passes away

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  • Dr. Zafrullah Chowdhury, a renowned public health activist and veteran fighter of the Liberation War, passed away in Dhaka, Bangladesh at the age of 81.
  • He had been admitted to Gonoshasthaya Nagar Hospital the previous week, and had been on life support since Monday due to kidney-related ailments and other age-related health problems.

                                      Miscellaneous News

18. India’s First Semi-High Speed Regional Rail Service Named ‘RAPIDX’

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  • The National Capital Region Transport Corporation (NCRTC) has named India’s first semi-high-speed regional rail services as ‘RAPIDX’.
  • These trains will operate on the Regional Rapid Transit System (RRTS) corridors, which are being constructed to link important urban nodes across the National Capital Region (NCR).
  • The name ‘RAPIDX’ has been selected because it is simple to read and pronounce in different languages.

Important Current Affairs of 13th April 2023

 

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