05th April 2023 Current Affairs are incorporated with the important news that made the current affairs headlines for banking, UPSC 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 Top News of the Day for 05th March 2023 to help you prepare the Latest Current Affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.
Here is the Current Affairs 05th April 2023 covering the following news headlines: Banarasi Paan, International Conscience Day, National Maritime Day 2023, World Anti-Doping Agency, G20 EMPOWER 2nd Meeting.
1. PM Modi inaugurated CBI’s diamond jubilee celebrations
The Prime Minister, Shri Narendra Modi inaugurated the Diamond Jubilee Celebrations of the Central Bureau of Investigation (CBI) at Vigyan Bhawan in New Delhi. The Central Bureau of Investigation was established by a resolution of the Ministry of Home Affairs, Government of India dated 1st April 1963. The Prime Minister also inaugurated the newly constructed office complexes of CBI at Shillong, Pune and Nagpur. He released a Postage Stamp and Commemorative Coin marking the Diamond Jubilee Celebration year of CBI and also launched the Twitter handle of CBI. He also released the updated Administration Manual of CBI, an Almanac on Bank Frauds – case studies and learning, In pursuit of justice – Supreme Court Judgements in CBI Cases and a handbook on International Police cooperation for the exchange of foreign located intelligence & evidence.
Important takeaways for all competitive exams:
2. Union Minister Sonowal launches ‘SAGAR-SETU’ mobile app of National Logistics Portal Marine
The Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, introduced the “Sagar Setu” mobile application for the National Logistics Portal Marine. The “Sagar Setu” mobile app by the Ministry of Ports, Shipping, and Waterways offers a login module, service catalogue, Letter of Credit, bank guarantee, certification, and track & trace features.
3. Rajya Sabha passes Competition Amendment Bill, 2023
The Rajya Sabha approved the Competition Amendment Bill, 2023, aimed at modernizing the two-decade-old anti-trust law to align with changes in the economy. The Competition Amendment Bill, 2023 aims to modify the Competition Act, 2002, which authorizes the Competition Commission of India (CCI) to prevent practices that adversely impact competition and consumer interests.
4. India develops country-level model for estimating TB cases
India has developed a country-level mathematical model that estimates the prevalence of tuberculosis (TB) cases in the country. The model allows for TB incidence and mortality estimate data to be available by March each year, months before the World Health Organization (WHO) releases its annual estimates in October. The model, which draws from data such as an individual’s infection and disease status, healthcare utilization, and treatment outcomes, was presented at the 36th Stop TB Partnership Board meeting in Varanasi. The Indian model estimated the TB incidence rate in India to be 196 in 2022, lower than the WHO’s estimate of 210 and suggested 3.20 lakh TB mortality absolute numbers in 2022, lower than WHO’s estimated 4.94 lakhs.
5. China’s Yuan Replaces Dollar as Most Traded Currency in Russia
In recent years, there has been a shift in the global currency landscape, with China’s yuan steadily gaining ground against the US dollar. This trend is reflected in Russia, where the yuan has now overtaken the dollar as the most traded currency. According to data from the Moscow Exchange, the yuan accounted for 23.6% of Russia’s foreign exchange turnover in the first quarter of 2023, while the dollar’s share was 22.5%. This marks the first time the yuan has surpassed the dollar in Russia’s currency market.
6. Israel launches new Ofek-13 spy satellite into orbit
On April 5th, 2023, Israel successfully launched a new spy satellite, named Ofek-13, into orbit. The satellite, Ofek-13, launched from the Palmachim Airbase in central Israel, is intended to provide advanced intelligence capabilities to the Israeli military and intelligence agencies. The Ofek-13 satellite is the latest addition to Israel’s Ofek series of spy satellites, which have been in operation since 1988. The satellite is said to have advanced capabilities, including high-resolution imaging and the ability to transmit real-time intelligence to ground stations.
7. Sudha Shivkumar took over as 40th President of FICCI Ladies Organisation
Sudha Shivkumar has been appointed as the 40th president of FICCI Ladies Organisation (FLO), which is the oldest women-led and women-centric business chamber in Southeast Asia. The appointment took place during the 39th annual session. As the president of FLO, Shivkumar aims to focus on empowering women by promoting an enabling environment that fosters entrepreneurship, industry participation, and economic development for women. She intends to carry out several interventions towards achieving this goal. FLO plays a significant role in promoting and encouraging women’s participation in various fields, and the organization has been working towards the economic and social empowerment of women in India for many years.
8. Reliance Industries Limited (RIL) is set to hire RS Sodhi for Reliance Retail
Reliance Industries Limited (RIL) is set to hire RS Sodhi, the former MD of the Gujarat Cooperative Milk Marketing Federation (GCMMF), which is responsible for the popular Indian milk brand, Amul. Sodhi will be joining Reliance Retail Ventures Limited (RRVL), led by Isha Ambani, to assist the company in expanding its grocery business in India, with a specific focus on fruits and vegetables. In addition to this, Sodhi will also be responsible for strengthening the company’s presence in consumer brands.
Important takeaways for all competitive exams:
9. India Justice Report 2022: Karnataka tops among 18 large States
According to the India Justice Report (IJR) 2022, which assesses the performance of states in terms of justice delivery, the state of Karnataka has achieved the top rank among the 18 large and mid-sized states with populations over one crore. The report considers several parameters such as police, judiciary, prisons, and legal aid to assess the overall performance of each state.
10. Forbes billionaire 2023 list: Mukesh Ambani become richest sports owner
Mukesh Ambani has been named the richest sports owner in the Forbes billionaire 2023 list, with a net worth of $83.4 billion, surpassing Steve Ballmer, the owner of the Los Angeles Clippers, whose net worth is $80.7 billion. It’s interesting to note that despite a 3% fall in Reliance Industries’ share value over the past year, Ambani’s net worth has still increased, indicating the strength and diversity of his business interests.
11. A new book titled “Gandhi: Siyasat aur Sampradaiykta” written by Piyush Babele
A new book in Hindi titled Gandhi: Siyasat aur Sampradaiykta (‘ Gandhi: Politics and Communalism’) written by journalist-turned-author Piyush Babele, who currently heads the Madhya Pradesh Congress’ media department. He cites extracts from Dr. Ambedkar’s book Pakistan or the Partition of India and other sources, and claims to “contextualise the developments leading up to India’s Partition in 1947 to bust the illusion spread by the Hindu right wing that Mahatma Gandhi was responsible for the Partition”.
12. PM SVANidhi Scheme: Loans to Minority Street Vendors Remain Low
The Ministry of Housing and Urban Affairs informed the Rajya Sabha that under the PM SVANidhi scheme, 42.7 lakh loans worth ₹5,152.37 crore have been disbursed to street vendors. Shockingly, only 9.3% of these loans were granted to hawkers from minority communities, totaling 3.98 lakh loans. To assist street vendors in overcoming the economic difficulties caused by the pandemic, the government launched the PM SVANidhi micro-credit scheme in 2020. This initiative provides collateral-free loans of ₹10,000, with 7% interest subsidy, and subsequent loans of ₹20,000 and ₹50,000.
13. G20 EMPOWER 2nd Meeting: Accelerating Women’s Economic Empowerment
The G20 EMPOWER Alliance is dedicated to accelerating women’s leadership and empowerment in the private sector. This initiative is critical not only for social justice but also for economic growth, given that the G20 represents more than 80% of the world’s GDP, 75% of international trade, and 60% of the world’s population. With its strategic position in the global economy, the G20 has enormous potential to advance gender equality and women’s empowerment.
14. IIT Kanpur to Host Youth20 Consultation on Global Concerns
IIT Kanpur, one of India’s premier institutes of technology, will host the Youth20 Consultation under the G20 Presidency of India from April 5th-6th, 2023. The event will bring together over 1200 youth delegates from India and abroad to discuss innovative solutions to pressing global concerns. The Youth20 Consultation is a platform created by the Ministry of Youth Affairs and Sports, Government of India, to connect young people from around the world and help shape future policies. The consultation is a precursor to the final Youth-20 Summit that will take place in Varanasi, Uttar Pradesh.
15. Commonwealth champion weightlifter Sanjita Chanu faces 4-year ban by NADA
Sanjita Chanu, a weightlifter from India who has won the Commonwealth Games twice, has been banned for four years by the National Anti-Doping Agency (NADA) of India after she tested positive for banned drugs. The testing took place during the National Games held in Gujarat in September-October 2022, and the results showed the presence of drostanolone, an anabolic-androgenic steroid prohibited by the World Anti-Doping Agency (WADA).
Important takeaways for all competitive exams:
16. National Maritime Day 2023 observed on 05th April
In India, the National Maritime Week begins on March 30 and culminates in the celebration of National Maritime Day on April 5. This year marks the 60th anniversary of the event, which aims to recognize India’s significant contribution to the maritime industry and its history as a seafaring nation. National Maritime Day plays a crucial role in promoting awareness about India’s maritime heritage and current role in supporting the country’s economy. The day is an opportunity to express gratitude to the sailors who work tirelessly at sea, often spending months away from their families, to ensure the smooth functioning of the industry. Although the theme for this year’s National Maritime Day in India has not yet been announced, the theme for National Maritime Week 2023 has been revealed as ‘Amrit Kaal in Shipping’.
17. International Day of Conscience 2023: 05th April
International Conscience Day is celebrated on April 5 to promote peace. To lead a conscientious life, one must respect human rights and dignity as well as protect other living beings. Below, we look at the history and significance of International Day of Conscience. Conscience is the ability of a person to distinguish between what’s right and what’s wrong. The ability guides the person to be compassionate, and be thoughtful of one’s actions. Conscience allows people to have a moral backbone and to protect those who are weak.
18. Banarasi Paan, three other Varanasi-based goods receive GI tag
On April 3, 2022, the Benarasi Paan, which was featured in Amitabh Bachchan’s famous song “Khaike Paan Benaras Wala,” was granted the Geographical Indication (GI) tag. This means that these products have unique qualities specific to their respective regions. The Benarasi Paan, known for its distinct taste and unique blend of ingredients, has been awarded the GI tag along with three other Varanasi-based products: Banarasi Langda Mango, Ramnagar Bhanta (Brinjal), and Adamchini Rice. The expert Rajinikant, who is a Padma Awardee in GI, has confirmed the designation of these products.
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