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 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:
Russia recently announced unveiled a new concept of foreign policy by describing India and China as ‘friendly sovereign global centres of power’.
These countries will be given particular focus by Moscow by comprehensively deepening ties and improving coordination with them.

Notes:
WhatsApp Banking Services was launched recently by the India Post Payments Bank in collaboration with Airtel.
It enables the IPPB customers to access banking service from their mobile phone. The Airtel-IPPB WhatsApp Banking solution aims to provide multi-language support.

Notes:
To mark the moment of the first Indian Steamship “S.S. LOYALTY”, Mumbai, venturing into international water on her maiden voyage from Mumbai to London (UK) in 1919, April 5 was marked as “National Maritime Day.”
The government is celebrating National Maritime Week from March 30, 2023, to April 5, 2023, paying tribute to the services of seafarers.

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:
The Izu–Ogasawara Trench is an oceanic trench in the western Pacific Ocean. Recently, scientists have set a record for the deepest fish ever caught on camera and the deepest catch ever made.
A juvenile snail fish was filmed recently swimming at 8,336 m in the Izu-Ogasawara Trench.

Notes:
The “World Energy Transitions: Outlook 2023” Report was released recently by the International Renewable Energy Agency.
According to this report, while significant progress has been made towards increasing renewable energy generation, the global energy transition is still falling short of the 1.5°C pathway.

Notes:
The Food Conclave 2023 is a two-day event that will be organized by Telangana government. It will focus on agri-food sector and its challenges.
It is the inaugural edition of the State government’s annual brainstorming event for the agri-food sector. The event will bring together the top 100 agri-food industry thought leaders.

Notes:
The International Monetary Fund recently released a working paper titled ‘Stacking up the Benefits Lessons from India’s Digital Journey’.
It credits India’s building black approach and its focus on promoting innovation for the success of the country’s digital public infrastructure.