Daily Current Affairs: 26 January 2023 | Gkseries

Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 26 January 2023, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.

Current Affairs for Competitive Exam – 26 January 2022

Republic Day 2023 History, Significance, and Celebrations

Republic Day 2023 History, Significance, and Celebrations

Republic Day 2023: The 74th Republic Day of India will be observed on January 26, 2023. The Indian Constitution was adopted on this day in 1950. One of the most significant national holidays in India is Republic Day, often referred to as Gantantra Diwas. 26th January 1950 makes the establishment of the Indian Constitution was prepared by the members of the Constituent Assembly which emerged after the brutal colonial past.

January 2023 Current Affairs Quiz

Republic Day is celebrated every year throughout the nation with great fervor and enthusiasm. Republic Day 2023 will once again be commemorated with activities like parades, cultural performances, rallies, etc. There will be several colorful events on the Kartavya Path including military parades and other activities. In these activities, school children also take part and showcase their talents.

History of Republic Day

Republic Day commemorates the adoption of the Indian Constitution. Because the Indian National Congress published the Purna Swaraj, or Declaration of Indian Independence, on that date in 1930, rejecting the hegemony of the British government, January 26 was declared Republic Day. India gained its Independence on 15th August 1947 and after a few days, on 29th August a committee was established to draft a long-term Constitution for an Independent India.

The chairperson of the committee was Dr. B.R. Ambedkar. The constitution was drafted by the committee and delivered to the Constituent Assembly on 4th November 1947. The assembly conducted multiple sessions for two years before finalizing the draft. After several meetings and discussions, the 308 Assembly Members signed two handwritten copies one in Hindi and one in English on 24th January 1950. On January 26, 1950, the Indian Constitution was adopted and took force. Dr. Rajendra Prasad was inaugurated as India’s first president on that day.

Republic Day 2023: Adaptation of the Constitution of India

The Constitution of India was drafted by the constituent assembly. The first session was held on 9th December 1946 and was attended by 207 members including nine females. The assembly originally had 389 members, but that number was later reduced to 299 following the independence and the partition.

Important Articles In the Constitution of India 2022

The drafting committee was led by Dr. B.R. Ambedkar and who is also known as the Father of the Constitution. The committee separated 2,400 amendments from the constitution out of 7,600 amendments during the discussions. The last session of the Constituent Assembly was held on 26th November 1949 when the Constitution of India was adopted, Moreover, it became effective on January 26, 1950, which is recognised as Republic Day in India.

Significance of Republic Day 2023

On 26th January 1930, Indian National Congress (INC) declared Purna Swaraj and rejected the rule of the British Government. Hence, the constitution of India came into effect on 26th January 1950 and was celebrated as the Republic Day of India. Republic Day signifies the free and independent India after going through years of torture due to the British government.

Republic Day 2023 Parade

Republic Day 2023 will begin on the Kartavya Path formerly known as Rajpath. Several military and cultural parades will be showcased. Additionally, the Republic Day parade in 2023 will be shown on television so that millions of people can watch it at home.  Republic Day 2023 Parade can also be seen by the general public on the Kartavya Path on 26th January 2023.

International Customs Day 2023 observed on 26th January

International Customs Day 2023 observed on 26th January

International Customs Day 2023: The World Customs Organization (WCO) observes International Customs Day on January 26 each year, aimed at commemorating the WCO’s maiden session held in 1953. The day aims to raise awareness about the role Customs authorities play in the seamless movement of goods across borders and their importance in the cross-border regulatory apparatus. Every year, such authorities of WCO’s member administrations organise events to celebrate International Customs Day.

January 2023 Current Affairs Quiz

Customs authorities are essential in facilitating legitimate trade and helping governments levy tariffs and earn revenue from the movement of goods across international borders. These authorities collaborate to prevent the illegal trade in drugs, illegal chemicals, and body parts of endangered species like rhino horns.

International Customs Day 2023: Theme

This year, the theme of International Customs Day is ‘Nurturing the next generation: Promoting a culture of knowledge-sharing and professional pride in Customs.’ With this, the aim is to heighten the sense of belonging to the global Customs community.

International Customs Day 2023: Significance

The Customs monitors the inflow and outflow of all kinds of goods, from small personal items to valuable commercial shipments, in any country. In most nations, this authority’s aim is to bridge any potential gaps in monitoring to ensure citizens’ safety and compliance with the law. A smooth and solid Customs management system provides pleasant and secure international interactions for individuals. Customs across the world works towards building a sustainable future by fostering economic, social, and environmental needs in the process.

International Customs Day 2023: History

The WCO, previously known as the Customs Co-operation Council (CCC), was formed in 1952 in Brussels. An intergovernmental body, its primary function was to boost the efficiency and effectiveness of customs administrations. The council’s first meeting was on January 26, 1953. At the time, only 17 member countries participated in the event. The organisation has since grown to have 183 members. Approximately 98 percent of global trade is managed through it.

Women’s IPL teams auction: Adani wins Ahmedabad team with top bid of Rs 1,289 cr

Women’s IPL teams auction: Adani wins Ahmedabad team with top bid of Rs 1,289 cr

Women’s IPL teams auction: Jay Shah, the secretary of the BCCI, has stated that the winning bids were Rs. 4,669.99 crore (USD 572.78 million approx). The owners of men’s IPL teams Mumbai Indians, Delhi Capitals and Royal Challengers Bangalore, as well as the Adani Group and Capri Global, have won bids to own the five women’s IPL teams at the auction ahead of the inaugural edition to be played in March this year. The teams will be headquartered in Mumbai, Delhi, Bengaluru, Ahmedabad, and Lucknow, respectively, and the competition will be called as the Women’s Premier League (WPL).The winners were identified after opening sealed bids.

January 2023 Current Affairs Quiz

  • The Ahmedabad team was sold for the highest price: INR 1289 crore (USD 158 million approx), followed by
  • Mumbai (INR 912.99 crore/USD 111 million approx),
  • Bengaluru (INR 901 crore/USD 110 million approx),
  • Delhi (INR 810 crore/USD 99.35 million approx) and
  • Lucknow (INR 757 crore/USD 92.85 million approx).

Business Model of this WIPL

The sale of the women’s IPL media rights, which Viacom 18 purchased for INR 951 crore (about USD 116.7 million) for a five-year period between 2023 and 2027, brought in a sizable profit for the BCCI recently. Under the revenue-sharing model, the women’s IPL will distribute 80% of the media rights money to the five franchises in the first five years. This is significant – as was seen in the men’s IPL – in offsetting a major part of the franchises’ operational costs.

Tata Trusts names Siddharth Sharma CEO

Tata Trusts names Siddharth Sharma CEO

Tata Trusts names Siddharth Sharma CEO: The philanthropic arm of the Tata group and largest shareholder in the group holding company, Tata Trusts named Siddharth Sharma, as its CEO and Aparna Uppaluri, as chief operating officer. The new CEO and COO’s appointments will take effect on April 1st, 2023.

Sharma, a former civil servant, will succeed N Srinath, who stepped down as the CEO of Tata Trusts last year following his retirement. Tata Trusts will replace the Ford Foundation as Uppaluri’s new organisation. The 48-year-old is currently the Ford Foundation’s programme director for India, Nepal, and Sri Lanka. The COO post has been created by Tata Trusts to accommodate her.

January 2023 Current Affairs Quiz

About the Tata Trust:

The appointment assumes significance as Tata Trusts is not only the largest stakeholder in Tata Sons, but also one of the oldest charitable organisations of India. Jamsetji Tata, a founder and the creator of the Tata Group, formed it by 1892. The organisation, over the past century, has focused on “improving the quality of life of the tribal, underserved, underprivileged, backward and minority sections, and laying special emphasis on women and children.”

Tata Trusts established India’s first cancer care hospital, and have seeded and supported several leading institutions, including Tata Centre for Technology and Design at Indian Institute of Technology Bombay (IIT-B), Indian Institute of Science (IISc), Tata Institute of Social Sciences (TISS), Tata Memorial Centre, and Tata Institute of Fundamental Research (TIFR), among others.

Indian Navy’s “TROPEX 2023” maritime exercise held in the Indian Ocean

Indian Navy’s “TROPEX 2023” maritime exercise held in the Indian Ocean

“TROPEX 2023” maritime exercise: The Indian Navy’s Theater Level Operational Readiness Exercise (TROPEX), a significant maritime exercise, is now taking place in the Indian Ocean Region in preparation for its 2023 edition. This operational level exercise is conducted biennially and witnesses participation not only by all Indian Navy units but also of Indian Army, Indian Air Force and Coast Guard assets. In January 2019, the first marine surveillance exercise took place. The biggest war game of the Indian Navy is another name for it.

January 2023 Current Affairs Quiz

About the TROPEX 23

  • TROPEX 23 is being conducted over a duration of three months from Jan – Mar 23. In order to validate and improve the Navy’s Concept of Operations, including operational logistics and interoperability with other Services, all surface combatants of the Indian Navy—including destroyers, frigates, corvettes, as well as submarines and aircraft—undergo complex maritime operational deployments.
  • The exercise is being conducted in different phases, both in harbour and at sea, encompassing various facets of combat operations, including live weapon firings.
  • This exercise provides an opportunity to test the combat readiness of the combined Fleets of the Indian Navy to operate in a multi-threat environment.
  • The maritime exercise also facilitates operational level interaction with the Indian Army, Indian Air Force and the Coast Guard, which will further strengthen interoperability and joint operations in a complex environment.

Union Budget 2023: Halwa ceremony to be held on January 26

Union Budget 2023: Halwa ceremony to be held on January 26

Union Budget 2023 Halwa Ceremony: A customary “Halwa” ceremony will be held on January 26 to mark the conclusion of the Budget preparation process. The Halwa event takes place five days before the finance minister, Nirmala Sitharaman, presents the Union Budget on February 1.

January 2023 Current Affairs Quiz

What is Halwa Ceremony?

The preparation and serving of the traditional dessert, known as halwa, to representatives and employees of the finance ministry who worked on the Budget is a yearly rite known as the Halwa ceremony. It is conducted annually at the Finance Ministry’s offices in the basement of the Secretariat building in New Delhi, the capital of the country, and is attended by other senior officials.

How Halwa Ceremony is organized?

  • The finance minister typically starts the festivities by stirring a kadhai or cauldron full of halwa before serving it to colleagues.
  • The Halwa ceremony is thought of as a method to express gratitude to those who worked on the Budget, a lengthy process. Additionally, it prepares the groundwork for the “lock-in” period that comes before the Budget presentation.

Union Budget 2023 Halwa Ceremony: Highlights

  • • To safeguard the confidentiality of the Budget, the Finance Ministry’s administrative center is transformed into a fictitious “Fort Knox.” To prevent information from leaking, officials who are working on the budget “lock in” at their offices and segregate themselves under rigorous guidelines. During this time, phone calls are monitored, employees are not permitted to leave the building, and they are required to remain under the watchful eye of CCTV cameras and the Intelligence Bureau.
  • The North Block’s basement, which also contains the special printing press that produced the Budget documents from 1980 to 2020, has been the site of the Halwa ceremony for decades.
  • However, the Budget will now be delivered digitally beginning in 2020. The Finance Minister, Nirmala Sitharaman, will once more present the budget digitally.

Shamalbhai B Patel named chairman of Amul

Shamalbhai B Patel named chairman of Amul

Shamalbhai B Patel named chairman of Amul: Gujarat Cooperative Milk Marketing Federation (GCMMF) announced the appointment of Shamalbhai B Patel as its chairman and Valamjibhai Humbal as vice chairman. GCMMF is made up of 18 member unions covering 33 districts. His nomination was proposed by Shri Ashokbhai Chaudhary, Chairman, Mehsana milk union and supported by Shri Ramsinh Parmar, Chairman, Kaira milk union. Also Shri Valamjibhai Humbal has been unanimously elected as the Vice Chairman of Gujarat Cooperative Milk Marketing Federation (AMUL Federation). His nomination was proposed by Shri Mansinhbhai Patel, Chairman, Surat milk union and supported by Shri Vihabhai Sabhad, Chairman, Surendranagar milk union.

January 2023 Current Affairs Quiz

The election was conducted by the Deputy Collector, Anand in presence of 17 out of 18 members who are chairmen representing their district milk unions in the state. GCMMF has thus maintained its glorious tradition of unanimous elections of its Chairmen since inception in 1973.

Shri Shamalbhai B Patel is the Chairman of Sabarkantha District Cooperative Milk Producers Union Ltd., Sabar dairy and associated with dairy cooperatives of Gujarat since last 33 years. Sabar Union is one of largest dairy union of the state with annual sales turnover exceeding Rs. 6,800 crores and farmer membership of 3.85 lac milk producers.

JPMorgan gets RBI nod for new India chief executive officer Prabdev Singh

JPMorgan gets RBI nod for new India chief executive officer Prabdev Singh

JPMorgan gets RBI nod for new India chief executive officer Prabdev Singh: JPMorgan Chase & Co. got approval from India’s central bank to name Prabdev Singh as the lender’s chief executive officer in the country. Prabdev Singh will serve as the lender’s chief executive officer for a three-year term.

Singh had been JPMorgan’s interim CEO since November, replacing Madhav Kalyan who — in October — was named head of payments for Asia Pacific.

January 2023 Current Affairs Quiz

The Wall Street firm, which traces its presence in India back to 1922, started commercial banking operations in the country about 15 years ago. JPMorgan has four commercial bank branches in the country, data on its website show.

Singh, a trained engineer, had worked for a decade at HSBC Holdings Plc before joining JPMorgan in 2010, according to his Linkedin profile.

901 Police personnel to be conferred with Police Medals

901 Police personnel to be conferred with Police Medals

901 Police personnel to be conferred with Police Medals: A total of 901 police officers have awarded Police Medals in honour of Republic Day 2023. 140 police officers have received the Police Medal for Valor, 93 have received the President’s Police Medal for Distinguished Service, and 668 have received the Police Medal for Meritorious Service. Police Medal for Gallantry (PMG) is awarded on the ground of Conspicuous Gallantry in saving life and property, or in preventing crime or arresting criminals.

January 2023 Current Affairs Quiz

  • President’s Police Medal for Distinguished Service (PPM) is awarded for a specially distinguished record in Police Service.
  • The police Medal for Meritorious Service (PM) is awarded for valuable service characterized by resource and devotion to duty.

ICC 2022 Award Winners List

ICC 2022 Award Winners List

ICC 2022 Award Winners List: The Best Player, Best Player, Best ODI Team, Best T20I Team, and Best Test Team awards are given out annually by the International Cricket Council (ICC). The ICC Awards 2022 comprises a total of 13 categories, with awards honouring individuals who shone in specific formats, and also across multiple formats in the overall categories – the coveted Sir Garfield Sobers Trophy for ICC Men’s Cricketer of the Year, and the Rachael Heyhoe Flint Trophy for ICC Women’s Cricketer of the Year.

January 2023 Current Affairs Quiz

ICC 2022 Award Winners List

  • ICC Men’s Associate Player of the Year 2022: Gerhard Erasmus (Namibia)
  • ICC Women’s Associate Player of the Year 2022: Esha Oza (United Arab Emirates)
  • ICC Men’s T20I Player of the Year 2022: Suryakumar Yadav (India)
  • ICC Women’s T20I Player of the Year 2022: Tahlia McGrath (Australia)
  • ICC Emerging Men’s Player of the Year 2022: Marco Jansen (South Africa)
  • ICC Emerging Women’s Player of the Year 2022: Renuka Singh (India)
  • ICC Men’s ODI Player of the Year 2022: Announced Soon
  • ICC Women’s ODI Player of the Year 2022: Announced Soon
  • ICC Men’s Test Player of the Year 2022: Announced Soon
  • ICC Umpire of the Year 2022: Announced Soon
  • ICC Spirit of Cricket Award 2022: Announced Soon
  • Rachael Heyhoe Flint Trophy for ICC Women’s Cricketer of the Year 2022: Announced Soon
  • Sir Garfield Sobers Trophy for ICC Men’s Cricketer of the Year: Announced Soon

ICC Men’s Test Team of the Year 2022:

  • Usman Khawaja (Australia),
  • Kraigg Brathwaite (West Indies),
  • Marnus Labuschagne (Australia),
  • Babar Azam (Pakistan),
  • Jonny Bairstow (England),
  • Ben Stokes (captain) (England),
  • Rishabh Pant (wicketkeeper) (India),
  • Pat Cummins (Australia),
  • Kagiso Rabada (South Africa),
  • Nathan Lyon (Australia),
  • James Anderson (England).

ICC Women’s ODI Team of the Year 2022:

  • Alyssa Healy (wicketkeeper) (Australia),
  • Smriti Mandhana (India),
  • Laura Wolvaardt (South Africa),
  • Nat Sciver (England), Beth Mooney (Australia),
  • Harmanpreet Kaur (captain) (India),
  • Amelia Kerr (New Zealand),
  • Sophie Ecclestone (England),
  • Ayabonga Khaka (South Africa),
  • Renuka Singh (India),
  • Shabnim Ismail (South Africa).

ICC Men’s ODI Team of the Year 2022:

  • Babar Azam (captain) (Pakistan),
  • Travis Head (Australia),
  • Shai Hope (West Indies),
  • Shreyas Iyer (India),
  • Tom Latham (wicketkeeper) (New Zealand),
  • Sikandar Raza (Zimbabwe),
  • Mehidy Hasan Miraz (Bangladesh),
  • Alzarri Joseph (West Indies),
  • Mohammed Siraj (India),
  • Trent Boult (New Zealand),
  • Adam Zampa (Australia).

ICC Women’s T20I Team of the Year 2022:

  • Smriti Mandhana (India),
  • Beth Mooney (Australia),
  • Sophie Devine (captain) (New Zealand),
  • Ash Gardner (Australia),
  • Tahlia McGrath (Australia),
  • Nida Dar (Pakistan),
  • Deepti Sharma (India),
  • Richa Ghosh (wicketkeeper) (India),
  • Sophie Ecclestone (England),
  • Inoka Ranaweera (Sri Lanka),
  • Renuka Singh (India).

ICC Men’s T20I Team of the Year 2022:

  • Jos Buttler (captain) (wicketkeeper) (England),
  • Mohammad Rizwan (Pakistan),
  • Virat Kohli (India),
  • Suryakumar Yadav (India),
  • Glenn Phillips (New Zealand),
  • Sikandar Raza (Zimbabwe),
  • Hardik Pandya (India),
  • Sam Curran (England),
  • Wanindu Hasaranga (Sri Lanka),
  • Haris Rauf (Pakistan),
  • Josh Little (Ireland).

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