Current Affairs Quiz - April, 2023

Notes:
SEBI decided to set up a corporate debt market development fund in the form of an Alternative Investment Fund.
Corporate Debt Market Development Fund will be set up with an initial corpus of Rs 3,000 crore. It will function as a backstop facility for buying investment grade corporate debt securities during stressful times.

Notes:
The World Bank approved 100 million USD loan for the implementation of the Odisha State Capability and Resilient Growth Program.
This program will help the state strengthen early forecasting system for disaster management and provide social protection coverage for vulnerable households.

Notes:
The EU members have recently decided to digitize the Schengen Visa to make visa application process more efficient in Schengen area.
The Schengen area is a region comprising of 27 EU countries that have officially abolished all passports and other types of border control at their mutual borders.

Notes:
Utkala Dibasa (Odisha Day) is observed on April 1. It commemorates the formation of the Indian State of Odisha after its separation from Bihar and the Orissa Province.
The addition of the Koraput District and Ganjam District from the Madras Presidency on 1 April 1936.

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:
Three new species of bush cricket was found recently. Two of these species (Hexacentrus tiddae and Hexacentrus ashoka) were found in Haryana. In the local dialect of Haryana, bush crickets are referred to as tiddaes.
The third species found in Meghalaya was named Hexacentrus khasiensis — after the Khasi hills where it was discovered.

Notes:
Ryuichi Sakamoto is a famous Japanese musician and actor. He passed away recently at the age of 71.
He was a composer, record producer, and actor who pursued a diverse range of styles of art. He was the Japanese pop pioneer and Oscar-winning composer.

Notes:
Italy has banned English and other foreign languages in official communication. Italians who use English and other foreign words in official communications could face fines of up to 100,000 Pounds or 108,705 Dollars.
While the legislation encompasses all foreign languages, it is particularly geared at Anglomania or use of English words.

Notes:
Target Olympic Podium Scheme’s purpose is to identify, groom and prepare potential candidates for Olympic medals.
The Sports Ministry’s Mission Olympic Cell recently gave nod for financial assistance under this scheme for 12 para-badminton players, who are set to participate in the upcoming Brazil Para-Badminton International.

Notes:
Union Housing and Urban Affairs Ministry has set up a committee headed by Amitabh Kant to examine stalled real estate projects.
It seeks to examine the issues related to legacy stalled real estate projects in the country and recommend ways to complete them.