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 3 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 – 3 January 2022
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 in violence. The day highlights the need for all nations to exist in harmony, regardless of cultural or religious differences. The day highlights the importance of family and urges the extension of the idea to a universal scale.
Global Family Day: History
- Two books served as the inspiration for Global Family Day. The first was a children’s book published in 1996 by American authors Steve Diamond and Robert Alan Silverstein titled “One Day in Peace, January 1, 2000.” The story imagines an ideal scenario where the entire world decides to work together to create a peaceful and prosperous planet Earth.
- The other book was American peace activist and author Linda Grover’s 1998 utopian novel ‘Tree Island: A Novel for the New Millennium.’ Grover, in particular, spent over a decade to establish January 1 as a global day of peace. On February 10, 2010, she died.
- January 1 was chosen by Linda Grover as it was the date mentioned in Diamond and Silverstein’s ‘One day in peace’ book, as the day on which the entire world joins hands together to co-exist in harmony.
- According to the book “One Day in Peace,” the United Nations was invited to host a commemoration of Global Family Day on January 1 in 1999. While the annual celebrations of Global Family Day did not begin on January 1, 2000, as mentioned in Silverstein’s novel, it began a year later and has continued ever since.
- Global Family Day also coincides with the World Day of Peace. The latter was established in 1967 and is celebrated annually by the Catholic Church.
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 in Pune, close to Bhide Wada. She campaigned to remove caste and gender prejudice and unfair treatment of individuals.
During the nineteenth century, Savitribai Jyotirao Phule, a well-known Indian social reformer, educator, and poet, made a significant contribution to the education and empowerment of women. Savitribai, one of the few literate women of her age, is recognised for building the first girls’ school in Pune with her husband Jyotirao Phule in Bhide Wada.
She made significant efforts to educate and emancipate child widows, advocated for widow remarriage, and ran a campaign against child marriage and sati pratha. Along with B. R. Ambedkar and Annabhau Sathe, she is regarded as an icon of the Dalit Mang caste and was a key player in Maharashtra’s social reform movement. She aggressively sought to remove caste- and gender-based discrimination and advocated against untouchability.
Savitribai Phule Early And Personal Life
Savitribai Phule was created on January 3, 1831 in the Satara District village of Naigaon, Maharashtra. She was born roughly 50 km (31 miles) from Pune and about 15 km (9.3 miles) from Shirval. Lakshmi and Khandoji Nevase Patil, who both belonged to the Mali Community, raised Savitribai Phule as their youngest child. There were three siblings. When she was nine or ten years old, Savitribai married Jyotirao Phule (he was 13). No children of their own were born to Savitribai and Jyotirao. Yashawantrao, a son born to a Brahmin widow, is claimed to have been adopted by them. To support this, nevertheless, there is currently no original evidence. No one reportedly wanted to offer Yashwant a female when he was getting married because he was born to a widow. Thus, in February 1889, Savitribai organised his marriage to Dynoba Sasane, a member of her group.
No children were born to Savitribai and Jyotirao. It’s claimed that they adopted Yashawantrao, a Brahmin widow’s son. However, this has not yet been supported by any original evidence. Yashwant was allegedly refused a girl when he was set to get married because he was the son of a widow. As a result, in February 1889, Savitribai arranged for his marriage to the daughter of a member of her organisation.
Savitribai Phule Education
When Savitribai got married, she was illiterate. Along with working on their farm, Jyotirao schooled Savitribai and Sagunabai Shirsagar, his cousin sister, in their residence. She received her primary education from Jyotirao, and his friends Sakharam Yeshwant Paranjpe and Keshav Shivram Bhavalkar were in charge of her secondary education. She also enrolled in two teacher-training programmes, the first of which was at a Pune Normal School and the second at an Ahmednagar institution headed by American missionary Cynthia Farrar. Given her education, Savitribai might have been the first female headmistress and teacher in India.
Savitribai Phule Career
Savitribai Phule began instructing girls at the Maharwada in Pune after completing her teacher training. She did this with the help of Sagunabai Kshirsagar, a female revolutionary and Jyotirao’s tutor. Soon after starting to work as Sagunabai’s assistants, Savitribai, Jyotirao Phule, and Sagunabai opened their own school in Bhide Wada.
Tatya Saheb Bhide, who lived in Bhide Wada, was motivated by the job the trio was doing. Math, physics, and social studies were all part of the traditional western curriculum at Bhide Wada. By the end of 1851, Savitribai and Jyotirao Phule were in charge of three different girls’ schools in Pune. There were roughly 150 students enrolled among the three institutions. The three schools used different teaching strategies from those used in government schools, much like the curriculum did.
According to the author, Divya Kandukuri, the Phule methods were thought to be better to those employed by government institutions. In comparison to the number of boys enrolled in public schools, more girls than boys attended the Phule schools due to their reputation.
Savitribai and Jyotirao Phule founded two educational trusts in the 1850s. The Native,Male School in Pune and the Society for Promoting the Education of Mahars, Mangs, and Other Groups were their names. Under the direction of Savitribai Phule and later Fatima Sheikh, these two trusts eventually included a large number of schools. She opened a total of 18 schools with her husband and taught children from various castes. The pair also assisted pregnant rape victims deliver and safeguard their children by opening a care facility called Balhatya Pratibandhak Griha.
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 his second GM norm. He crossed FIDE rating 2500 in August. Koustav is in the joint-lead with GM Abhijeet Gupta at the National Senior Chess Championship with a score of 8/10 after 10 rounds.
About GrandMaster (GM):
GrandMaster is the highest title given to chess players by the International Chess Federation (FIDE), above World Champion. India’s 1st Chess GrandMaster was won by Viswanathan Anand at the age of 14 in 1988.
How Do You Earn The Grandmaster Title?
The first GM titles were awarded to 27 players in 1950, and the qualifications to become a GM have changed throughout the years. FIDE currently awards the title of GM to a player who achieves a 2500 FIDE classical (or ‘standard’) rating and three GM norms.
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 milk brings prosperity to the households of thousands of farmers. There are 15,210 village level cooperative dairies in Karnataka, in which about 26.22 lakh farmers deliver their milk daily and thr4rough 16 district level dairies, Rs 28 crore is deposited into the accounts of 26 lakh farmers every day.
In Karnataka, daily milk processing has increased from about 66,000 kg in 1975 to over 82 lakh kg now, with the farmer receiving 80% of the total revenue. Amul and Nandini will work together towards establishing primary dairies in every village of Karnataka in next three years.
The Karnataka Milk Federation (KMF) will get all technical support and cooperation from Amul. The National Dairy Development Board (NDDB) and the Ministry of Cooperation will establish a primary dairy in every panchayat of the country in the next three years.
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 of his electric car company are down nearly 65 percent. With a net worth of more than $185 billion, Elon Musk overtook the record for the richest person in the world for the first time in January 2021.
However, he was replaced by Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company LVMH as the world’s richest man.
Twitter CEO Elon Musk Becomes First Person Ever to Lose $200 Billion- Key Points
- Elon Musk has applied a move-fast-and-break-things approach such as firing staff then asking them to come back and applying content policies haphazardly to justify banning the accounts of some prominent journalists who cover him.
- After a decline in Tesla stock prices of up to 65% in 2022 and the massive $44 billion purchase of Twitter, there are no significant assets left.
- Following these reports, Tesla has also announced a price drop in several of its model, offering a $7,500 discount for its Model 3 and Model Y vehicles.
- However, Musk has dismissed concerns about Tesla and has repeatedly taken to Twitter to criticize the Federal Reserve for raising interest rates at the fastest pace in a generation.
- Elon Musk founded SpaceX, Telsa, Inc., and is the founder, CEO, and chief engineer of Twitter.
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 the identified milestones.
Utkarsh 2.0 like the Utkarsh 2022 has six Vision statements as well as Core Purpose, Values, and Mission statements. Collectively, they create a strategic guiding path.
The Vision in Utkarsh 2.0 that will guide RBI over the period 2023-25 are:
- Excellence in performance of its functions
- Strengthened trust of citizens and Institutions in the RBI
- Enhanced relevance and significance in national and global roles
- Transparent, accountable and ethics-driven internal governance.
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 Society, Community Based Organization, Academic Institution, Start-ups, Incubation centres, Investors etc having potential to transform the rural economy.
The broad contours fall into following categories: Focus on Women and Marginalized section of community; Localised Models; Sustainability; Cost Effective solutions; Multi sectoral ideas and solutions
Top 5 ideas will be rewarded with Rs. 2 Lakh each.
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 or around 2.5% in the month compared to the previous month. Out of which, CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST is Rs 78,434 crore and Cess is Rs 11,005 crore.
The revenues for December 2022 are 15% higher than the GST revenues in December 2021. The Union Government has settled ₹36,669 crore to CGST and ₹31,094 crore to SGST from IGST as regular settlement. The total revenue of the Centre and the States after regular settlements in the month of December 2022 is ₹63,380 crore for CGST and ₹64,451 crore for SGST.
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 of the country. He is an astute and hardcore banker with Vast field-level experience and has the distinction of having successfully led the largest and most critical areas of Uttar Pradesh, Gujarat, and Delhi while working at a senior level in Allahabad Bank.
Presently, he is serving as the executive director of IOB. After the successful completion of about 27 years in Allahabad Bank he was elevated as Executive Director of IOB in October 2017. He was appointed as Director on the Board of India Infrastructure Finance Company.
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 strategy document guiding the Bank’s progress towards realisation of the identified milestones. With Utkarsh 2.0, the central bank would be able to respond to socioeconomic difficulties both quickly and proactively.
Significance of Utkarsh 2.0:
Utkarsh 2.0 harnesses the strengths of Utkarsh 2022 by retaining the six Vision statements as well as Core Purpose, Values, and Mission statement. Collectively, they create a strategic guiding path. The Vision in Utkarsh 2.0 that will guide the Reserve Bank of India over the period 2023-25 are:
- Excellence in performance of its functions;
- Strengthened trust of citizens and Institutions in the RBI;
- Enhanced relevance and significance in national and global roles;
- Transparent, accountable and ethics-driven internal governance;
- Best-in-class and environment-friendly digital and physical infrastructure; and
- Innovative, dynamic and skilled human resources.
Reserve Bank of India‘s Aim:
- The RBI plans to leverage India’s Group of 20 presidency to showcase the country’s strength in digital payments, and broad-base the acceptance of the rupee in bilateral and multilateral trade as part of its strategy till 2025.
- The central bank would also integrate artificial intelligence and machine learning-driven tools to enhance the reliability of its data analysis and information creation.
Utkarsh 2.0 Expected outcomes:
The desired outputs are proposed to be realised in terms of strategies calibrated through milestones. The Reserve Bank of India attaches high importance to its medium-term strategy and monitors its implementation and progress through a Sub-committee of its Central Board.
The Time-line of This Strategy Framework:
The central bank formalised its strategic management programme in July 2015 to serve as a framework for the creation of its policies. In 2019, it changed that to a medium-term strategy framework to keep up with emerging challenges in the economy.