Current Affairs Quiz - April, 2023

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:
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:
The Himachal Pradesh recently repealed the Loktantra Prahari Samman Act.
The Act provides a monthly pension of Rs 20,000 and Rs 12,000 to the people who lodged in jails during the Emergency from 1975 to 1977. The repeal of the Act shall not affect the previous operations of the said Act.

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.

Notes:
Organisation of Islamic Cooperation (OIC) was founded in 1969 to protect the interests of the Muslim world.
The Indian government recently criticised the OIC after the organization’s secretariat issued statement alleging the targeting of Muslim community in several states during Ram Navami processions.

Notes:
The Stand up India Scheme was launched in 2016 to promote entrepreneurship focusing on economic empowerment and job creation. The scheme has been extended till 2025.
Over Rs 40,700 crore was sanctioned under the Stand Up India Scheme over the seven years of its implementation. Around 80 percent of the loans under this scheme were provided to women.

Notes:
Places of Worship Act, 1991 is a law that protects the character of the places of worship as it stood on August 15, 1947 and prevent any changes that could compromise the character.
The Supreme Court’s 3-judge bench will hear petitions challenging this law in July 2023.

Notes:
Japan’s Overseas Security Assistance (OSA) programme was announced recently. It will provide financial assistance to help foreign nations strengthen their defences.
As per the foreign ministry, since the help would be offered as grants, only poor nations will be able to receive it.

Notes:
The World Bank has forecast a 6.3% economic growth rate for India in the current fiscal year (FY) 2023-24, in its South Asia Economic Focus: Expanding Opportunities: Toward Inclusive Growth report.
This is a downgrade of 0.7 percentage points since its October forecast. The primary reasons for this are high borrowing costs and slower income growth causing weaker consumption, as well as the government tightening fiscal expenditure.

Notes:
Ministry of Electronics and IT has notified amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.
These rules seek to create an open, safe, trusted and accountable internet. It seeks to enforce greater due diligence by online gaming and social media intermediaries.