RBI Decides to Keep Policy Rates Unchanged

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), which met recently, decided to keep the repo rate – the main policy rate – unchanged at 6.5 per cent and maintain the policy stance of ‘withdrawal of ..

Month: Current Affairs - April, 2024

Category: Economy & Banking Current Affairs

Issue of State Governments Power to Levy Excise Duty on Industrial Alcohol

The Supreme Court is currently hearing arguments on whether state governments have the power to regulate and control the sale, distribution, pricing and other factors relating to ‘industrial’ alcohol. The case has been referred to a 9-judge Bench headed by ..

Month: Current Affairs - April, 2024

Category: Economy & Banking Current Affairs

Daily Current Affairs Quiz: April 6, 2024

31. What is the theme of ‘National Maritime Day 2024’? [A] Navigating the Future: Safety First[B] Amrit Kaal in shipping[C] Sustainable Shipping[D] New technologies for greener shipping Show Answer Correct Answer: A [Navigating the Future: Safety First] Notes:National Maritime Day, ..

Tamil Nadu: Issues Around Disaster Relief Funds from Centre

In December 2023, Tamil Nadu was severely affected by Cyclone Michaung and subsequent floods. The state has filed a suit at the Supreme Court, claiming that the Centre is withholding national disaster relief funds necessary to aid the affected areas. ..

Month: Current Affairs - April, 2024

Category: States Current Affairs

Issues around OpenAI’s Voice Engine

Recently, OpenAI introduced a new AI model called Voice Engine. This model can replicate any voice in any language using a brief audio sample, allowing users to generate audio content in the same voice and manner of speaking as the ..

Month: Current Affairs - April, 2024

Category: Science & Technology Current Affairs

Uttarakhand Assesses GLOF Risks in Himalayas

The state government of Uttarakhand recently set up two expert panels to conduct risk-assessment and monitor five glacial lakes that have been facing risk of immediate danger. Glacial Lake Outburst Floods or GLOFs have been threatening them leading the government ..

Category: Environment Current Affairs

7.2 Magnitude Earthquake Strikes Taiwan

Taiwan was hit by a strong earthquake in the early morning hours of April 03, 2024, measuring 7.2 on the Richter scale. More than 1099 civilians were injured and 10 killed in the quake. Almost 50 workers who were going ..

Category: International / World Current Affairs

India Slams China’s Renaming Tactics

The government of India openly expressed strong criticism over China’s latest endeavours of renaming selected places in Arunachal Pradesh. India further reiterated that they were baseless attempts by the neighbouring country. From the Ministry of External Affairs, a statement was ..

Category: Defence Current Affairs

Daily Current Affairs Quiz: April 5, 2024

31. Ahobilam Shrine, recently seen in news, is located in which state? [A] Andhra Pradesh[B] Rajasthan[C] Madhya Pradesh[D] Maharshtra Show Answer Correct Answer: A [Andhra Pradesh] Notes:The Forest Department and Sri Lakshmi Narasimha Swamy Devasthanam imposed restrictions at Ahobilam shrine ..

US and UK Sign Agreement on AI Safety Testing

United States and the United Kingdom have recently signed an agreement to work together on developing tests for the most advanced artificial intelligence (AI) models. This agreement is a follow-through on commitments made at the Bletchley Park AI Safety Summit ..

Category: International / World Current Affairs