Current Affairs Quiz - April, 2023

Notes:
National Buildings Construction Corporation is a central public sector enterprise that comes under the aegis of the Ministry of Housing and Urban Affairs.
It recently bagged an order worth ₹488.02 crore from the Department of Border Management for the construction of a border and road with a length of 88.58 km.

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 ‘Infertility Prevalence Estimates, 1990–2021’ report was released recently by the World Health Organization (WHO).
It provides the estimates of global and regional prevalence of infertility. According to this report, around 1 in 6 people experience infertility across the world.

Notes:
After raising repo rate in six consecutive policies, the Reserve Bank of India (RBI), decided to pause its rate hike cycle amid rising concerns over global financial stability.
The Monetary Policy Committee decided to keep the policy repo rate unchanged at 6.5 per cent in this meeting.

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:
Ladakh’s Wood Carving recently received GI (Geographical Indications) tag. In December last year, the government also granted GI Tag for Raktsey Karpo apricot of Ladakh.
Wood carving of Ladakh has been a vibrant art form in the Ladakh region, including the capital Leh and Kargil.

Notes:
The Union Finance Ministry notified the formation of a committee to review the pension system for government employees.
The four-member committee is headed by Finance Secretary T V Somanathan. It will also have Secretary, Department of Personnel and Training (DoPT); Special Secretary, Department of Expenditure; and Chairman of Pension Fund Regulatory and Development Authority (PFRDA) as its members.

Notes:
A High-Level Conference on Accelerating Rail Digital Transformation in Asia and Pacific Region was held recently in New Delhi.
It was jointly organized by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Union Ministry of Railways.

Notes:
National Panchayat Awards 2023 were conferred recently by Panchayati Raj Ministry to recognize best performing Panchayats in the areas that align with the 17 SHGs.
Telangana won 8 out of 27 various categories of the Deen Dayal Upadhyay Panchayat Satat Vikas Puraskar (DDUPSVP) for the years 2021 – 2022. It was followed by Kerala with 4, Jammu and Kashmir with 3, and Maharashtra with 3.

Notes:
The Ministry of Corporate Affairs had appointed 10-Member Committee on Digital Competition Law, consisting of lawyers representing the Big Tech.
It is set to meet shortly to discuss provisions of the draft Digital Competition Law. The committee is responsible for examining the need for an ex-ante regulatory mechanism for digital markets via a separate legislation.