Current Affairs Quiz - April, 2023

Notes:
Genesis Market is one of the world’s largest black markets where internet fraudsters can purchase credentials.
The online forum hosted about 80 million credentials and digital fingerprints stolen from more than two million people. It was shut down recently due to a global law enforcement effort, including that of the UK.

Notes:
Target Olympic Podium Scheme’s purpose is to identify, groom and prepare potential candidates for Olympic medals.
The Sports Ministry’s Mission Olympic Cell recently gave nod for financial assistance under this scheme for 12 para-badminton players, who are set to participate in the upcoming Brazil Para-Badminton International.

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:
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:
INS Tarmugli is being transferred to Maldives in line with India’s SAGAR Mission The vessel was commissioned on May 23, 2016 and was based at Visakhapatnam under the Eastern Naval Command.
It is an indigenously built highly manoeuvrable water jet fast attack craft. Built by Garden Reach Shipbuilders and Engineers Ltd of Kolkata, INS Tarmugli is the first follow-on water jet fast attack craft (WJFAC).

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:
Scientists at the National Geophysical Research Institute (NGRI), a Council of Scientific and Industrial Research (CSIR) facility, reported the presence of rare-earth elements (REEs) in Anantapur district in Andhra Pradesh.
These elements are key components in many electronic devices and whose industrial applications span sectors like imaging, aerospace, and defence.

Notes:
Vibrant Villages Programme has been launched by Union Home Minister and Minister of Cooperation Amit Shah during his visit to Arunachal Pradesh. It is implemented by the Home Ministry.
It is a centrally sponsored scheme that will provide for the comprehensive development of 2,967 villages situated at the northern border in the states of Arunachal Pradesh, Sikkim, Uttarakhand and Himachal Pradesh and UT of Ladakh.

Notes:
State Energy Efficiency Index 2021-22 was developed by the Bureau of Energy Efficiency in collaboration with the Alliance for an Energy-Efficient Economy.
In SEEI 2021-22, 5 states – Andhra Pradesh, Karnataka, Kerala, Rajasthan and Telangana – are in the Front Runner category (>60 points) while 4 states are in the Achiever category. Karnataka, Andhra Pradesh, Assam and Chandigarh are the top-performing states in their respective state groups. Telangana and Andhra Pradesh showed the most improvement since the last index.