What is Asteroid Day? International Asteroid Day is observed on June 30th each year. It aims to increase public awareness about the potential dangers of asteroids and other near-Earth objects (NEOs). The United Nations officially recognized this day in December 2016. Why June 30th? This date was chosen to commemorate the Tunguska event, which occurred …
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Introduction The International Day of the Tropics, observed annually on June 29, is a day dedicated to recognizing the incredible diversity and importance of the world’s tropical regions. This special day aims to raise global awareness about the unique challenges and opportunities faced by tropical areas, while highlighting their crucial role in our planet’s ecosystem …
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The Government of India has made a whopping contribution of USD 1,169,746 for ‘Hindi @ UN’ project to expand the use of Hindi in the United Nations. The Government of India has been making continuous efforts to expand the use of Hindi in the United Nations. Collaboration with the UN Department of Public Information As …
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Frank Duckworth, the English statistician who co-invented the Duckworth-Lewis-Stern (DLS) method for determining cricket match results under rain-affected conditions, died at 84 on June 21. The DLS method, introduced in 1997, is widely used in international cricket and was formally adopted by the ICC in 2001. About Frank Duckworth Duckworth was born in 1939 in Lytham …
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Defence Research and Development Organisation (DRDO) has successfully completed six consecutive development trials of High Speed Expendable Aerial Target (HEAT) ‘ABHYAS’ with improved booster configuration from the Integrated Test Range (ITR), Chandipur, Odisha. What is ABHYAS? Abhyas is a High-speed Expendable Aerial Target (HEAT) being developed at ADE. It offers a realistic threat scenario for …
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Turkish Finance Minister Mehmet Simsek announced that Turkey has been removed from the FATF ‘grey list’ after recent evaluations of the country’s progress on money laundering and terrorist financing. The decision, declared at the FATF plenary meeting in Singapore, marks a significant milestone for Turkey, which had been placed on the grey list in 2021. …
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The Reserve Bank of India (RBI) has projected a further improvement in the gross non-performing assets (GNPA) ratio of scheduled commercial banks (SCBs), estimating it to decrease to 2.5% by March 2025. This optimistic outlook is based on macro stress tests evaluating banks’ resilience against potential economic shocks. Sustained Improvement in Asset Quality As of …
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The National Council of Applied Economic Research (NCAER) forecasts India’s GDP to surpass 7% and possibly reach 7.5% in fiscal year 2024-25, citing resilient domestic economic indicators and favorable global conditions. High-frequency data shows robust economic activity, prompting upward revisions by all major agencies. Factors supporting this outlook include expected normal monsoons and a focused …
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State Bank of India (SBI) has successfully raised Rs 10,000 crore through its fifth infrastructure bond issuance. The bonds, with a tenure of 15 years and a coupon rate of 7.36% payable annually, garnered significant investor interest, oversubscribed nearly four times the base size of Rs 5,000 crore. The offering received 143 bids from diverse …
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India’s Reserve Bank (RBI) has announced a notable decline in the proportion of short-term debt within the country’s total external debt, marking a decrease of 2.1 percentage points by March 2024 compared to the previous year. This reduction is indicative of India’s strengthened external sector resilience. The ratio of short-term debt to foreign exchange reserves …
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Welcome to the Current Affairs Section of Adda247. If you are preparing for Government Job Exams, then it is very important for you to read the Daily Current Affairs. All the important updates based on current affairs are included in this Daily Current Affairs 2024 article.
