Current Affairs Quiz - April, 2023

Notes:
Lynx-U2 System is an indigenously developed naval gun fire control system. The Union Defence Ministry recently signed a contract with BEL for the procurement of 13 of these systems for the Indian Navy.
The purchase under the Buy Indian – IDMM (Indigenously Designed, Developed, and Manufactured) category will be placed on new-gen offshore patrol vessels to be constructed indigenously at Garden Reach Shipbuilders and Engineers and Goa Shipyard Limited.

Notes:
The Centre plans to raise ₹ 8.88 lakh crore through market borrowing in the April-September period of 2023-24 to fund the revenue gap to push economic growth.
The Finance Ministry announced this after consultation with the Reserve Bank of India.

Notes:
To ensure more transparency and timely disclosure of material events by listed entities, SEBI decided to amend norms whereby a quantitative threshold will be introduced for determining the materiality of events.
The regulator has decided to do away with the practice of individuals having permanent seats on boards of listed companies.

Notes:
DAGGER (Deep Learning Geomagnetic Perturbation) computer model can forecast geomagnetic disturbances 30 minutes in advance at the global level.
This AI model will help with the rapid and accurate prediction of the solar storm.

Notes:
An ODF Plus Village is the one that sustains is ODF status and ensures management of solid and liquid wastes while remaining visually clean.
Currently, more than 40 percent of inhabited villages in India have declared themselves ODF plus.

Notes:
The government has raised the interest rates across all small savings schemes except the post office savings deposit and the Public Provident Fund (PPF) for the April-June 2023 quarter.
The Sukanya Samriddhi Account Scheme too will enjoy a higher rate of interest – up from the existing 7.6 percent to 8 percent. The interest rate on the National Savings Certificate (NSC) has been hiked from 7 percent to 7.7 percent for the April – June 2023 quarter.

Notes:
Mahila Nidhi is the first-ever women’s cooperative fund launched by Rajasthan. Rajasthan Chief Minister Ashok Gehlot approved a proposal for giving 8% interest subsidy on loans obtained by the members of women’s self-help groups (SHGs) from Mahila Nidhi.
Mahila Nidhi is operated entirely by women and acts as a complementary body with the formal banking system.

Notes:
The Air Forces of India and the U.S. are set to conduct the Cope India exercise from April 10 to 21 at the Kalaikunda airbase in West Bengal.
The exercise will see intense air manoeuvres aimed at improving interoperability. Japan will be the observer of the exercise.

Notes:
Australia, with gender pay gap of 13.3% as of 2023, has launched a new law that mandates firms with over 100 employees to reveal their gender pay gaps by early 2024.
This is expected to make businesses more accountable and improve working conditions of women in the country.

Notes:
Basohli Painting is a world famous painting from Kathua district in Jammu and Kashmir. It recently received GI tag.
The Geographical Indications (GI) is a form of intellectual property right that identifies goods originating from a specific geographical location and having distinct nature, quality and characteristics linked to that location.