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:
Akash Weapon System is a short-range surface to air missile air defence system. The Indian government has signed a contract to procure this system for the Indian Army.
Defence PSU Bharat Dynamics won orders worth over Rs 8,400 crore for production and supply of Akash Weapon System to two regiments of the Indian Army.

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:
The International Monetary Fund’s Extended Fund Facility is intended for countries experiencing serious medium-term BoP issues due to structural weakness that require time to address. It was recently approved for Ukraine to meet the urgent funding requirements amid the war with Russia.

Notes:
Sarbat Khalsa is a deliberative assembly of all factions of Sikhs that dates back to the 18th century. It is held twice a year on the occasion of Baisakhi and Diwali.
The last “Sarbat khalsa” was held on February 16, 1986. It was recently announced that the convening of a Sarbat khalsa congregation is the sole prerogative of the Akal Takht chief.

Notes:
Former US President Donald Trump becomes first ex-President to be charged with crime. He will be charged over hush money payments made to a porn star just before the 2016 presidential election.
The former President is also being investigated in several other cases. They include probes into his role in the US Capitol riot of January 2021, his efforts to overturn his loss in the state of Georgia in the 2020 election, and his handling of classified documents after leaving office.

Notes:
Al-Aqsa Mosque is a congregational mosque situated close to various historical and holy sites of Christianity and Judaism in the Old City of Jerusalem.
Clashes were reported in this site recently. At least 12 people were injured during clashes in and around the mosque.

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Lean diabetes is a medical condition that involves dual stress of intermittent starvation and overload of carbohydrate metabolism.
Cases of lean diabetes is seen spreading among tribals in Chhattisgarh. The rise of non-communicable diseases (NCD), including diabetes, has been recognised as a problem area in India.

Notes:
India Justice Report 2022 is a national periodic reporting that measures the capacity of the four pillars of justice system (police, prison system, judiciary and legal aid).
Karnataka, Tamil Nadu and Telangana took up the top three spots among the 18 large and mid-sized States (population above 10 million).

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.