Current Affairs Quiz - April, 2023

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:
Idaho is a rocky mountain state in the United States. Idaho recently introduced an abortion trafficking law to restrict travel for abortions.
The bill makes it illegal for an adult to help minor get an abortion without parental consent.

Notes:
In Japan, an estimated 1.5 million working-age people are living in isolation, a phenomenon known as hikikomori.
Due to the phenomenon, they avoid social contact, further raising worries about their mental health and social well-being. According to a survey, the COVID-19 pandemic has been linked to about one-fifth of the specific incidents, with the most common reason being “quitting jobs”.

Notes:
Genome India Project is an initiative of the Central Government that involves sequencing of 10,000 Indian human genomes and creating a database.
The Department of Biotechnology has sequenced close to 7,000 genomes and 3,000 of these are already available for public access.

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.

Notes:
State-owned non-banking finance firm REC recently raised USD 750 million through issuance of green bonds
The net proceeds from the issue of the bonds will be applied to finance, in whole or in part, the eligible green projects in accordance with the approvals granted by the Reserve Bank of India from time to time and in accordance with the ECB guidelines.

Notes:
National Mission on Interdisciplinary Cyber-Physical System (NM-ICPS) was approved by the Union Cabinet in 2018 at the total outlay of Rs.3660 crores for a period of five years.
The National Workshop on Technology Innovation in Cyber-Physical Systems (TIPS) was organized to deliberate on ways to strengthen NM-ICPS.

Notes:
The World Homeopathy Day is celebrated each year on April 10 to pay tribute to homoeopathy and its contribution to the world of medicine.
The day is observed on the birth anniversary of German physician Dr Christian Friedrich Samuel Hahnemann, the founder of homoeopathy. Homeopathy is one of the popular alternative medical systems in India.

Notes:
Es Càrritx Cave, situated on the Spanish island of Menorca, was a funeral site for around six centuries until 800 BCE.
Researchers have found the presence of hallucinogenic drugs on this site, creating a possibility of people consuming them 3 millennia ago.