Affairscloud Com Current Affairs 12 January 2024
Affairscloud Com Current Affairs 12 January 2024
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Ministry of Tourism (MoT) in collaboration with the Ministry of Environment, Forest & Climate
Change (MoEF&CC) has launched the fifth training program under the Amrit Dharohar Current Affairs 10 January 2024
Capacity Building Scheme in Chilika Lake, a Ramsar Site in Odisha on 6th January 2024. AC Team - January 10, 2024
Under this initiative, two training programmes of 15 days each namely the Alternative
Current Affairs 9 January 2024
Livelihood program (ALP), and the Paryatan Navik Certificate (PNC) will be conducted.
AC Team - January 9, 2024
Capacity building is the main part of the Amrit Dharohar scheme which promotes unique
conservation values of Ramsar Sites. Load more
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Date-Wise Post
January 2024
M T W T F S S
The Ministry of Health and Family Welfare (MoHFW) notified the revised Pharma
manufacturing rules under Schedule M guidelines of the Drugs and Cosmetics Rules, 1 2 3 4 5 6 7
1945, in the Gazette of India to ensure robust quality control for pharma and
8 9 10 11 12 13 14
biopharmaceutical products.
15 16 17 18 19 20 21
Schedule M prescribes Good Manufacturing Practices (GMP) for pharmaceutical
22 23 24 25 26 27 28
products. The revised Schedule M will upgrade the GMP in India to global standards.
29 30 31
The revised Schedule M has been notified as rules to ensure ‘Good Manufacturing Practices
(GMP) and Requirements of Premises, Plant and Equipment for Pharmaceutical Products.’ « Dec
Note: Schedule M part of the Drugs and Cosmetics Act 1940 deals with ‘GMP’ to be followed
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by pharmaceutical manufacturing units in India.
Objective: This aims to ensure compliance with the standards of drugs, promoting exports,
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and building trust in the quality of drugs manufactured and sold.
Revised Schedule M:
i.After consultation with the Drugs Technical Advisory Board (DTAB), the Central government
notified the revised rules under the Drugs (Amendment) Rules, 2023.
State-Wise Current Affairs
ii.The revised Schedule M includes the following for the adoption of quality standards on par
with the international standards: Andhra Pradesh Current Affairs
The revised FDTL Regulations include increased rest periods, redefining night duty, and Insurance Exam
regular fatigue reports to be shared by airlines. LIC AAO Previous Year Question Papers
The crucial changes implemented in FDTL regulations for flight crew, align with global United India Insurance AO Previous Year
standards to ensure aviation safety. Question Papers
Other Exams
iii.The definition of night has also been adjusted, now spanning 12 AM to 6 AM compared to
the previous 12 AM to 5 AM. FCI Assistant Grade III Previous Year
Question Papers
This adjustment of 1 hour during the early morning will facilitate adequate rest and RRB NTPC Question Papers
synchronize the night duty period, particularly within the Window of Circadian Low (WOCL) SSC CHSL Previous Year Question Papers
spanning from 0200-0600 hours.
SSC CGL Tier I Question Papers
iv.The revised regulations have also taken into consideration different types of operations
across time zones.
Maximum Flight Time: Limited to 8 hours during flight operations encroaching night.
v.DGCA mandates that all airline operators must submit quarterly fatigue reports after
thorough analysis, including the Action Taken on such reports.
Further, it has been stipulated that the fatigue reports shall follow a non-punitive and
confidentiality policy.
vi.DGCA has capped the maximum flight time for flights exceeding 14 hours at 17 hours and
mandated airlines to provide a minimum rest period of 120 hours after each flight.
After 2 consecutive Ultra Long Range (ULR) flights, the mandated rest period increases by
24 hours.
As per the MoU, SAIL will supply indigenous marine-grade steel to Indian shipyards, for
ICG Ships.
The MoU was signed in the presence of Rakesh Pal, Director General Indian Coast Guard
(DGICG).
INTERNATIONAL AFFAIRS
Ministry of Environment, Forest and Climate Change (MoEF&CC) has nominated three Indian
cities viz. Indore and Bhopal in Madhya Pradesh (MP) and Udaipur in Rajasthan for the
Wetland City Accreditation (WCA) scheme under the Ramsar Convention. These are
the 1st three Indian cities to be nominated for WCA.
About WCA:
The WCA is a voluntary accreditation system established by the Ramsar Convention during
the Conference of the Contracting Parties (COP) 12, 2015
i.Aim:
To recognize cities that have taken exceptional steps to safeguard their urban wetlands.
To promote conservation and wise use of urban and peri-urban wetlands as well as
sustainable socio-economic benefits for local populations.
ii.Criteria: The get accreditation, the candidates must satisfy 6 international criteria which
includes presence of Ramsar Sites or other significant wetlands in its territory or in its close
vicinity.
iii.Accredited cities: The convention has recognised 18 cities during COP13 and 25 cities
during COP14. These 43 cities includes 13 from China and 6 from France.
Key Points:
i.The wetlands situated in and around the nominated Indian cities are
Indore – SirpurWetland (Ramsar site); Yashwant Sagar (Ramsar site)
Bhopal- Bhoj Wetland (Ramsar site),
Udaipur – surrounded by 5 major wetlands, namely, Pichola, Fateh Sagar, Rang Sagar,
Swaroop Sagar, and Doodh Talai
ii.Indore, founded by Holkar Dynasty, is the cleanest city in India and the recipient of India’s
Smart City Award 2023. Bhopal is the 6th cleanest city in India.
About Ramsar Convention:
Ramsar Convention (Convention on Wetlands of International Importance) is
an intergovernmental treaty adopted on February 2, 1971, in the city of Ramsar, on the
shores of the Caspian Sea, in Iran.
It provides a framework for the conservation and sustainable use of wetlands and their
resources across its 172-member countries including India.
Indian Navy’s P-8I Participates in 4th Edition of ASW Exercise Sea Dragon 24 at
Guam, USA
The Indian Navy’s (IN) P8I aircraft participate in the on-going 4th edition of the anti-
submarine warfare (ASW) ‘Exercise Sea Dragon 24’ from January 10th to January 22nd,
2024, held at Anderson Air Force Base in Guam, United States of America (USA).
About Sea Dragon 24:
i.Sea Dragon is an annual, multinational ASW exercise for Long Range Maritime
Reconnaissance (MR) ASW aircraft conducted by the US Navy.
ii.Participants: Six countries that are participating in the exercise are India, USA,
Australia, Japan, Canada, and the Republic of Korea (South Korea).
iii.Under the exercise, the coordinated ASW will be held by two Royal Australian Air Force
(RAAF) P-8A Poseidon aircraft and 51 personnel.
US Navy P-8A Poseidon, Republic of Korea Navy P-3CK Orion, Royal Canadian Air Force’s
CP-140 and Japan Maritime Self-Defense Force Kawasaki P-1 aircraft are also participating
in the exercise.
iv.A series of flying missions will be conducted to track, identify and target submarine
vessels.
v.The exercise also acts as a platform to enhance synergy and interoperability among
participating navies.
About Indian Navy(IN):
Chief of the Naval Staff (CNS) – Admiral Radhakrishnan Hari Kumar
Headquarters – New Delhi, Delhi
Established in – 1950
Zerodha Fund House Launches India’s 1st Growth Liquid ETF Scheme Named
‘Zerodha Nifty 1D Rate Liquid ETF’
Zerodha Fund House announced the launch of India’s 1st Growth Liquid Exchange-Traded
Fund (ETF) – Zerodha Nifty 1D Rate Liquid ETF, that offer a Growth Net Asset Value (NAV).
About Zerodha Nifty 1D Rate Liquid ETF:
i.The new scheme follows Nifty 1D Rate Index, which measures the returns generated by
market participants lending in the overnight market, as its benchmark.
ii.The scheme is designed to prioritize liquidity while maintaining a relatively low-risk profile.
iii.The fund is expected to be listed on the National Stock Exchange (NSE) and Bombay Stock
Exchange (BSE) exchanges by the 24th January 2024.
Note: It is a simple ETF for effectively parking and managing extra cash. The New Fund Offer
(NFO) is open for public subscription until 12 January 2024.
Objective: To mirror the total returns of securities represented by the Nifty 50 Total Returns
index before expenses, subject to tracking errors, fees, and expenses.
Key Points:
i.The scheme invests in overnight instruments such as Tri-Party Repo on Government
Securities or Treasury Bills Repurchase (TREPS), T-bills, Reverse repo, Cash and Cash
equivalents, and G-Sec(s) traded on the Clearing Corporation of India Ltd (CCIL) platform.
ii.Unlike other ETFs that face continuous taxation due to dividend payouts, Zerodha Nifty 1D
Rate Liquid ETF incurs taxes only when the ETF is sold.
Benefits:
i.This ETF proves to be an excellent choice for investors/Traders those with surplus funds
seeking both liquidity and growth in a short period.
ii.It offers a simple and effective way to manage cash with a relatively low interest rate and
credit risk.
iii.Investors can initiate their investment in Zerodha Nifty 1D Rate Liquid ETF through their
preferred stock brokers.
iv.Investors can invest under the scheme with a minimum application amount of Rs. 500 per
plan/option and in multiples of Re 1.
v.To further enable more retail investors, the ETF will have a lower ticket size, starting with
an NAV of 100.
About Zerodha Fund House:
Zerodha Fund House, an Asset Management Company (AMC), is a joint venture (JV)
between Zerodha Broking Limited and Smallcase Technologies Pvt Ltd.
Chief Executive Officer (CEO) and Sales Head- Vishal Jain
Headquarters– Bengaluru, Karnataka
Incorporated in– 2021
Karnataka Bank & Digivriddhi Partners to offer Financial Service to Dairy Farmers
Karnataka Bank Limited (KBL) has partnered with Digivriddhi Technologies Private
Limited (DGV) to offer financial services to support the requirements of dairy farmers and
Dairy Societies.
The services will be offered to the Village Dairy Co-operative Societies, associated with
Milk unions of Karnataka Milk Federation (KMF).
Key Points:
i.This partnership with DGV will enable the KBL to offer seamless and innovative end-to-end
digital product for dairy farmers.
ii.This partnership will also provide access to institutional credit, ease and digitise payment
across the dairy value chain.
iii.Initially, the services are now made available to milk societies associated with
Chamarajnagar Milk Union and will be expanded to other milk unions in the near future.
Products of DGV:
i.DGV PAY – Simplify payments value chain for dairy farmers and micro-enterprises
ii.DGV MONEY – Facilitate digital working capital and bovine loans to farmers using its unique
underwriting mechanism.
iii.DGV CONNECT – address the gaps in bovine discovery, pricing and productivity with
embedded financing options
About Karnataka Bank Limited(KBL):
Managing Director(MD) & Chief Executive Officer(CEO) – Srikrishnan Harihara Sarma
Headquarters – Mangaluru, Karnataka
Established in – 1924
Tagline – Your Family Bank Across India
About Digivriddhi Technologies Private Limited (DGV):
DGV is India’s first integrated dairy fintech and marketplace platform.
Founder and MD & CEO- Ragavan Venkatesan
Headquarters – Bengaluru, Karnataka
Established in – 2019
WB forecasts 2024 Global Growth to slow for 3rd Consecutive Year to 2.4%; India
to Grow at 6.4% in FY25
i.On January 9, 2024, the World Bank (WB) has released its ‘January, 2024 Global Economic
Prospects‘ (GEP) report projecting a third consecutive year of slowdown for global Gross
Domestic Product (GDP) growth with a decrease to 2.4% in 2024. It was 2.6% in 2023, 3%
in 2022 and 6.2% in 2021.
ii.Notably, the growth in 2020-2024 period is weaker than the years around 2008-2009
global financial crisis, the late 1990s Asian financial crisis and downturns in the early 2000s.
iii.The report forecasts 2025 global growth slightly higher at 2.7%, but this was marked
down from a June forecast of 3% due to anticipated slowdowns among advanced economies.
iv.The WB has kept India’s GDP growth forecast unchanged at 6.3% for FY23-24 and 6.4%
for FY24-25 driven by robust investment and services. It will edge up to 6.5% in FY26.
About World Bank (WB):
President (WB Group)– Ajay Banga
Establishment– 1944
Headquarters– Washington D.C, United States (US)
Members– 189 member states
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Indra Mani Pandey appointed as 4th SG of BIMSTEC; becomes 1st Indian to hold
the post
On 4th January 2024, Ambassador Indra Mani Pandey took charge as the 4th Secretary
General (SG) of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic
Cooperation (BIMSTEC).
i.With this, Pandey becomes the first Indian to hold the post. He will remain SG for a period
of 3 years.
ii.He succeeds Tenzin Lekphell of Bhutan, who served as the 3rd SG of BIMSTEC from 6
November 2020 to 5 November 2023.
Note: Pandey has been serving as the Permanent Representative of India to the United
Nations(UN) and other International Organisations in Geneva, Switzerland since September
2020.
About Indra Mani Pandey:
i.Indra Mani Pandey is an Indian Foreign Service (IFS) Officer of 1990 batch.
ii.Before his appointment as Permanent Representative of India to the UN, he served as
Additional Secretary in Ministry of External Affairs(MEA) in-charge of Disarmament &
International Security Affairs Division.
iv.He served in various capacities at Indian Missions in Cairo (Egypt), Damascus (Syria),
Islamabad (Pakistan), and Kabul (Afghanistan) and Permanent Mission of India to Conference
on Disarmament in Geneva.
About Bay of Bengal Initiative for Multi-Sectoral Technical and Economic
Cooperation (BIMSTEC):
BIMSTEC, a regional organisation, was established as BIST-EC (Bangladesh-India-Sri Lanka-
Thailand Economic Cooperation) on 6th June 1997 with the signing of Bangkok Declaration.
Renamed as BIMSTEC on 22nd December 1997 after the admission of Myanmar.
Current Members: Bangladesh; Bhutan; India; Myanmar; Nepal; Sri Lanka and Thailand.
Secretary General– Indra Mani Pandey
Director General– Mr. Abdul Motaleb Sarker
Headquarters– Dhaka, Bangladesh
RMBS are debt-based assets/bonds secured by interest from residential loans (Home
loans), making them generally considered a safer investment than some other asset
types.
RMBS comprises various tranches with different credit ratings reflecting risk and seniority.
Investors receive monthly interest and principal payments from the pooled mortgages.
IMCD India is currently holding 70% paid-up share capital in Signet since 2020; whereas
the remaining 30% of the share capital is held by the promoters.
The book was edited by RK Pachnanda, former chairman of the Haryana Electricity
Regulatory Commission, Bibek Debroy, chairman of the Economic Advisory Council to the
Prime Minister(PM), Anirban Ganguly, and Uttam Kumar Sinha.
The contributors of the book includes Union Minister Bhupender Yadav; Manohar Lal, Chief
Minister of Haryana; and others.
IMPORTANT DAYS
National Road Safety Week is annually observed across India from 11–17 January to
raise awareness about the importance of road safety and highlight the significance of road
safety measures to prevent and reduce road accidents and save lives.
It emphasises the importance of responsible driving, pedestrian safety, and the need for
improved road infrastructure.
2024 marks the observance of the 35th National Road Safety Week.
The annual observance is led by the Ministry of Road Transport and Highways (MoRTH)
to promote road safety practices.
Note: The National Safety Council of India (NSC), under the Ministry of Labour &
Employment(MoLE), also organises the National Road Safety Week.
Background:
i.The National Road Safety Week was introduced by the Ministry of Road Transport and
Highways (MoRTH) in 1989.
ii.The first-ever National Road Safety Week was observed by the MoRTH in 1989.
National Road Safety Month (RSM):
i.This is an annual observance introduced by the MoRTH to sensitize citizens and road users
about the severity of the challenges of road safety.
In 2024 the National RSM will be observed from the 15th January to 14th February 2024.
Key Facts:
i.According to the “Road Accidents in India-2022” report released by the MoRTH:
In the calendar year 2022, there were 4,61,312 road accidents reported, which claimed
1,68,491 lives, and caused injuries to 4,43,366 persons.
This marks an 11.9% increase in accidents, 9.4% in fatalities, and 15.3% in injuries from
2021.
ii.This report is derived from data provided by the police departments of States/Union
Territories on a calendar year following the United Nations Economic and Social Commission
for Asia and the Pacific (UNESCAP).
This information is part of the Asia Pacific Road Accident Data (APRAD) base project.
This week-long event is observed across the globe in May. In 2023, it was observed from
15-21 May 2023.
STATE NEWS
Punjab has become the first state in India to map all 784 accident black spots on the
mobile application “Mappls”, a navigation system developed by C. E. Info Systems
Limited(MapmyIndia).
Punjab Police collaborated with MapmyIndia for real-time traffic updates and alerts on
the Mappls App about Black and Blind spots.
The announcement was made by Punjab Director General of Police (DGP) Gaurav Yadav.
Key Points:
i.Mappls mobile app will provide voice alerts (in Punjabi language) to the commuters about
the upcoming black spots.
ii.The initiative also aims to streamline traffic management across the Punjab roads.
iii.This initiative is a part of the preparations for the launch of the flagship project the
‘Sadak Suraksha Force’ of the Government of Punjab.
Mappls:
i.Mappls offers detailed maps for the entire world, covering about 200 countries; It is fully
developed in India.
ii.Mappls also offers features like Real-Time Navigation, Global Positioning System (GPS)
Tracking, and Live Traffic Updates.
Note-
An accident blackspot is a place where road traffic accidents have historically been
concentrated.
About C.E.Info Systems Limited:
Co-Founders– Rakesh Kumar Verma and Rashmi Verma
Chairman & Managing Director (CMD) – Rakesh Kumar Verma
Headquarters – New Delhi, Delhi
Established in – 1995
About Punjab:
Chief Minister – Bhagwant Singh Mann
Governor – Banwarilal Purohit
Wildlife Sanctuary – Bir Moti Bagh Wildlife Sanctuary, Bir Bhunerheri Wildlife Sanctuary
Zoological Park – Mahendra Chaudhary Zoological Park; Tiger safari zoo
*******
MoT & MoEF&CC Conducts Training Program in Chilika Lake under Amrit Dharohar
Capacity Building Scheme
DGCA Revises New Flight Duty Time Rules for Flight Crew to Reduce Pilot Fatigue &
Enhance Flight Safety
Indian Navy’s P-8I Participates in 4th Edition of ASW Exercise Sea Dragon 24 at Guam,
USA
Zerodha Fund House Launches India’s 1st Growth Liquid ETF Scheme Named ‘Zerodha
Nifty 1D Rate Liquid ETF’
Karnataka Bank & Digivriddhi Partners to offer Financial Service to Dairy Farmers
WB forecasts 2024 Global Growth to slow for 3rd Consecutive Year to 2.4%; India to
Grow at 6.4% in FY25
Indra Mani Pandey appointed as 4th SG of BIMSTEC; becomes 1st Indian to hold the
post
Union Minister Bhupendra Yadav launches book titled ‘Modi: Energising a Green Future’
by
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