Current Affairs January 2023

Launch of Utkarsh 2.0 – Reserve Bank of India’s Medium-term Strategy Framework

Launch of Utkarsh 2.0 – Reserve Bank of India’s Medium-term Strategy Framework: The Reserve Bank of India’s Medium-term Strategy Framework for the period 2023-2025 – ‘Utkarsh 2.0’ – was launched by Shri Shaktikanta Das, Governor, RBI. In July 2019, the first strategic framework (Utkarsh 2022) spanning the years 2019–2022) was released. It became a medium-term […]

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Ajay Kumar Srivastava appointed as new MD and CEO of Indian Overseas Bank

Ajay Kumar Srivastava appointed as new MD and CEO of Indian Overseas Bank: Ajay Kumar Srivastava has been appointed as MD and CEO of Indian Overseas Bank (IOB) with effect from January 1, 2023. He started his banking career as a probationary officer in 1991 with Allahabad Bank where he worked in various capacities in different parts

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Gross GST collection in December goes up by 15%

Gross GST collection in December goes up by 15%: Continuing with the trend of robust GST collection in the country, the gross GST revenue collected during December 2022 reached ₹1,49,507 crore, going up by 15% compared to December 2021. Gross GST collected in November 2022 was ₹145867 crore, which means collection increased by ₹3640 crore

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Ministry of Rural Development launches Prajjwala Challenge

Ministry of Rural Development launches Prajjwala Challenge: With an aim to invite ideas, solutions and actions that can transform rural economy, the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) has launched the Prajjwala Challenge. It is one of the platforms where ideas are invited from individuals, Social Enterprises, Start up, Private Sector, Civil

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RBI launches Utkarsh 2.0 for the period 2023-2025

RBI launches Utkarsh 2.0 for the period 2023-2025: RBI Governor, Shaktikanta Das has launched Utkarsh 2.0, the second phase of RBI’s medium-term strategy for strengthening regulatory and supervisory mechanism. The first strategy framework (Utkarsh 2022) covering the period 2019-2022 was launched in July 2019. It became a medium-term strategy document guiding the Bank’s progress towards realization of

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Twitter CEO Elon Musk Becomes First Person Ever to Lose $200 Billion

Twitter CEO Elon Musk Becomes First Person Ever to Lose $200 Billion: Elon Musk, CEO of Tesla and Twitter, became the first person to have $200 billion removed from his net worth. Elon Musk has seen a drop of up to $137 billion in his wealth after a recent drop in Tesla Shares. The shares

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Union Home Minister Amit Shah inaugurated Mega Dairy at Mandya, Karnataka

Union Home Minister Amit Shah inaugurated Mega Dairy at Mandya, Karnataka: Amit Shah, the Union Minister for Housing and Cooperation, opened the Mega Dairy in Mandya, Karnataka. The 10-lakh-liter-per-day mega dairy, which was opened at a cost of Rs 260 crore, would have the potential to handle up to 14-lakh-liters-per-day. Processing 10 lakh gallons of

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Koustav Chatterjee becomes India’s 78th Grandmaster

India’s 78th Grandmaster: Koustav Chatterjee, a 19-year-old chess player from Kolkata, was inducted as India’s 78th Grandmaster. He is the tenth general manager from West Bengal. Koustav earned his first GM norm in October 2021 at a Grandmasters’ chess tournament in Bangladesh. At the Asian championship in the first week of November 2022, he earned

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Savitribai Phule Biography, Personal Life, Education and Career

Savitribai Phule Biography: Savitribai Phule was a Maharashtrian poet, educator, and social reformer. She and her husband significantly contributed to the advancement of women’s rights in Maharashtra and in India. She is credited with founding the feminist movement in India. In 1848, Savitribai and her husband founded one of the first modern Indian girls’ schools

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Global Family Day 2023 celebrates on January 1^st

Global Family Day 2023: Every year on January 1st, Global Family Day is observed. The day creates a sense of unity, community and brotherhood across nations and cultures through the idea of families. This day is observed to combat unwarranted animosity toward other cultures and countries, which can generate hatred, promote social alienation, and lead

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