29th December Daily Current Affairs 2023: Daily GK Update for all exams

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Here 29 December, 2023 Headlining events such as: FCI Rice, Bharat Brand, Mahindra-OTPP's Green InvIT, ISRO, First X-Ray Polarimeter SatelliteNational Consumer Rights Day 2023, Manipur Initiates SAANS Campaign 2023-24, Good Governance Day 2023, President Draupadi Murmu to become familiar with etc. Daily GK updates is given, After reading about these events, you can current affairs quiz can also practice,

Banking Awareness and Static Awareness questions asked in General Awareness section are mainly based on current affairs., So you need to prepare this section well to score good marks.General Awareness section plays an important role in scoring more than the cut off marks in any competitive exam.,

Top 20 Daily GK Updates: National & International News

Below are the top 20 important daily general knowledge 2023 updates with national and international news.


Amendment in Jammu and Kashmir Panchayati Raj Act for OBC reservation

The Administrative Council, led by Lieutenant Governor Manoj Sinha, approved amendments to the Jammu and Kashmir Panchayati Raj Act, 1989.

The Administrative Council (AC) chaired by Lieutenant Governor Manoj Sinha recently approved significant changes to the Jammu and Kashmir Panchayati Raj Act, 1989. The amendment focuses on including the definition of Other Backward Classes (OBCs) in grassroots level democratic institutions within the Act to facilitate their reservation.

UP CM Yogi Adityanath inaugurates Bateshwar's intra-district chopper service

In Bateshwar, 65 km from Agra, Chief Minister Yogi Adityanath launched UP's first intra-district helicopter service connecting the helipad in Bateshwar with Mathura's Govardhan.

In a significant development aimed at boosting tourism and infrastructure in the state of Uttar Pradesh, Chief Minister Yogi Adityanath inaugurated the state's first intra-district helicopter service in Bateshwar, a historic village located 65 km from Agra city. This venture, running on Public-Private Partnership (PPP) model, is expected to open new doors for tourism in the region.

Praja Palan program launched by Telangana government

Telangana Deputy Chief Minister Bhatti Vikramarka Mallu recently inaugurated the government's Praja Palan program in Ibrahimpatnam, marking the beginning of a comprehensive initiative aimed at understanding and addressing the needs of people at the grassroots level.

The Praja Palan program is designed to collect comprehensive information about the needs of residents, creating a detailed database at the grassroots level. The initiative involves the collection of applications from individuals, enabling the government to identify potential beneficiaries of the six guarantees promised by the Congress during the assembly elections.


'Man of the Year 2023' award to Shri LP Hemanth K Srinivasulu

Shri LP Hemanth K Srinivasulu, newly appointed Director of the Latin America and Caribbean Business Council, was honored with the prestigious “Man of the Year-2023” award on December 28.

At an important ceremony held on December 28, 2023, the newly appointed Director of the Latin America and Caribbean Business Council, Mr. L. P. Hemant K. Srinivasulu was honored with the prestigious “Man of the Year-2023” award. The award was presented by the Home Minister of India, Shri Amit Shah. The honor serves as recognition of Mr. Hemanth's outstanding contributions to trade diplomacy and global economic relations.


Government initiative to promote local EV manufacturing

In an effort to encourage local electric vehicle (EV) manufacturing, the government is actively consulting with domestic and international stakeholders.

The government is actively engaged in discussions with both domestic and international stakeholders to formulate a policy aimed at increasing local manufacturing of electric vehicles (EVs). A senior government official highlighted the ongoing talks with various countries, including Italy and Korea, and stressed the inclusiveness of the policy for both domestic and foreign carmakers.

For the first time, India paid UAE in rupees to buy crude oil.

India, the world's third largest energy consumer, has for the first time paid in rupees for crude oil purchased from the United Arab Emirates (UAE). This is a historic step taken by India to promote the local currency globally. The move is part of India's broader efforts to diversify oil suppliers, cut transaction costs and establish the rupee as a viable trade settlement currency.

This initiative comes as part of the Reserve Bank of India's decision on July 11, 2022, to allow importers to make payments in rupees and exporters to receive payments in local currency. Officials have stressed that internationalization is an ongoing process, and currently has no specific goals.


German political legend Wolfgang Schaeuble dies at 81

Wolfgang Schäuble, a key figure in German politics for the past three decades, has died at the age of 81.

Wolfgang Schaeuble, who served more than 50 years in the German parliament, has died aged 81, ending one of Germany's longest political careers, during which he played a key role in establishing his country at the center of Europe. Played.


ISRO to launch India's first X-ray polarimeter satellite on January 1, 2024

ISRO is preparing the ExoSat mission, an unprecedented venture in polarimetry, to be launched on January 1, 2024, which will be India's first foray into this field.

ISRO (Indian Space Research Organization) is making significant progress in space exploration, and the year 2024 is set to begin with another unprecedented mission. After the successes of Chandrayaan-3 and Aditya-L1 missions, ISRO is preparing for its latest venture – the Exposat mission. Scheduled for launch on January 1, 2024, the mission marks India's first foray into polarimetry, an area important for the study of black holes and other astronomical sources emitting X-rays.


GCC's free trade agreement with South Korea

The GCC has deepened economic ties with key Asian partners, signing its second FTA this year, highlighting a commitment to investment and economic diversification.

The Gulf Cooperation Council (GCC) has taken an important step in strengthening economic ties with key Asian partners by signing its second free trade agreement (FTA) this year. The recent agreement with South Korea underlines the bloc's commitment to boosting investment ties and diversifying its economic portfolio.

Wardwizard Foods signs MoU with Gujarat Government to expand operations

Wardwizard Foods signs MoU with Gujarat government for expansion, invests Rs 500 crore to boost the growth of the regional food industry.

Wardwizard Foods & Beverages Limited recently saw its shares rise by a significant 9.98 percent, following the company's collaboration with the Gujarat government. This strategic move was formalized through a Memorandum of Understanding (MoU) signed by DH Shah, Managing Director of Gujarat Agro Industries Corporation Limited and Sheetal Bhalerao, Chairman and Managing Director of Wardwizard Foods and Beverages Limited.


Cricketer Ambati Rayudu joins YSR Congress

Famous Indian cricketer Ambati Rayudu joined YSR Congress. Rayudu took membership of the party in the office of the Chief Minister of Andhra Pradesh. By including Ambati Rayudu in the party, YSR Congress is considering it a decision to bring the youth of the state into its fold before the upcoming Lok Sabha elections.

Ambati Rayudu, a member of the Indian cricket team, was formally inducted into the YSR Congress by Chief Minister YS Jagan Mohan Reddy. During this, Andhra Pradesh Deputy CM Narayana Swamy and MP Peddireddy Mithun Reddy were also present. Let us tell you that Ambati Rayudu has been playing for Chennai Super Kings in IPL.

Rahul Rasgotra appointed ITBP chief, Neena Singh becomes first woman to head CISF

Three Manipur-cadre IPS officers were on Thursday appointed as chiefs of central paramilitary forces. Intelligence Bureau officer Rahul Rasgotra got charge of the Indo-Tibetan Border Police (ITBP) and Neena Singh became the first woman chief of the Central Industrial Security Force (CISF).

Neena Singh is currently the Special Director General of CISF. CISF is responsible for the security of airports, Delhi Metro, government buildings and strategic installations across the country.


AIIB takes lead in funding Rs 2.5 thousand crore for Green InvIT of Mahindra-OTPP

Asian Infrastructure Investment Bank (AIIB) has led the Rs 2,500 crore funding round for Mahindra-OTPP's Green InvIT, which is also joined by Dutch pension fund APG and the World Bank's IFC.

Asian Infrastructure Investment Bank (AIIB) is set to lead a Rs 2,500 crore fundraising round for Mahindra Group-backed Sustainable Energy Infrastructure Investment Trust (InvIT). According to sources familiar with the matter, various domestic institutional investors (DIIs) will also actively participate in this initiative.

Government plans to sell FCI rice under 'Bharat' brand

To control rice prices, the government is now considering a proposal to sell FCI rice under the 'Bharat' brand. Information about this proposal has been given by an official of the Food Ministry. The official said that its concessional rates have not been decided yet. Earlier, the government had started selling rice through e-auction under the Open Market Sale Scheme.

The government took this step to reduce the prices of rice, but the response was not that good. The ministry official told PTI agency that there is a proposal for retail sale of Bharat brand rice, but no price has been fixed for it yet.

Tata Power secures Rajasthan transmission project

Tata Power, a special purpose vehicle (SPV) set up by PFC Consulting, a subsidiary of Power Finance Corporation, has emerged victorious in the bidding for the Bikaner-III Neemrana-II transmission project. The estimated cost of the project is ₹1,544 crore.

The transmission initiative will be implemented on a build-own-operate-transfer (BOOT) basis and is designed to facilitate the extraction of 7.7 GW of renewable energy from the Bikaner complex in Rajasthan. The project involves construction of a 340 km long transmission corridor, connecting Bikaner-III pooling station to Neemrana II substation.


RBI approves ICICI Pru Mutual Fund's acquisition of stake in Federal Bank, RBL Bank and Equitas Small Finance Bank

The Reserve Bank of India (RBI) has approved ICICI Prudential Asset Management Company Limited (ICICI AMC) to acquire up to 9.95% stake in Federal Bank. The approval, issued on December 28, comes with certain conditions as per the Banking Regulation Act, 1949 and the RBI Master Direction and Guidelines on Acquisition and Holding of Shares or Voting Rights in Banking Companies dated January 16, 2023.

Along with this, RBI has also approved ICICI AMC to acquire 9.95% stake in RBL Bank and Equitas Small Finance Bank. Similar to Federal Bank approvals, these permissions are subject to compliance with relevant provisions outlined in the Banking Regulation Act, 1949 and RBI guidelines issued on January 16, 2023.

SBI, HDFC, ICICI are important banks in terms of financial system.

The Reserve Bank of India (RBI) confirms State Bank of India (SBI), HDFC Bank and ICICI Bank as domestic systemically important banks (D-SIBs).

The Reserve Bank of India (RBI) has reaffirmed State Bank of India (SBI), HDFC Bank and ICICI Bank as domestic systemically important banks (D-SIBs). Notably, SBI and HDFC Bank have been shifted to higher categories, which will require an increase in D-SIB buffer requirements from April 1, 2025.

Important Current Affairs of 29 December 2023

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29th December | Current Affairs 2023 | Current Affairs Today | Current Affairs by Ashish Gautam

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