Page-20 of Current Affairs - January, 2023

RBI’s Proposed “Expected Loss-Based Approach” for Provisioning by Banks

The Reserve Bank of India (RBI) recently proposed a framework for the adoption of an expected loss-based approach for provisioning against loan loss by banks in India. Background Presently, banks in India are required to make loan loss provisions based ..

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National Aquifer Mapping and Management Programme

The National Aquifer Mapping and Management programme, which aims to identify aquifers and water availability, is set to be completed in one year, according to G. Asok Kumar, Director General of the National Mission for Clean Ganga, Union Ministry of ..

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CEA Disaster management plan for Power Sector

The Central Electricity Authority (CEA) has released a disaster management plan (DMP) for the power sector, in order to evolve a proactive and integrated approach to strengthen disaster mitigation, preparedness, emergency response, and recovery efforts. The power sector is one ..

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Varuna 2023: India-France Bilateral Naval Exercise

The 21st edition of the bilateral naval exercise between India and France, Exercise Varuna, has begun on the Western Seaboard on January 16th, 2023. Key Points The bilateral exercise, which was initiated in 1993, was named ‘Varuna’ in 2001 and ..

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Thiruvalluvar Day

The Thiruvalluvar Day is celebrated annually on January 15th or January 16th in Tamil Nadu as a part of Pongal (or Sankranti) celebrations. The day is dedicated to honoring the contribution of the Tamil poet Thiruvalluvar, who is best known ..

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Jallikattu celebrations begin in Madurai

Recently, the bull-taming sport of Jallikattu, also known as ‘Eru Thazhuvuthal’ and ‘Mancuvirattu’, has begun in full swing in the Palamedu of Madurai district. Key Points This traditional event, which is a part of the Pongal celebrations and is held ..

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National Startup Day 2023

National Startup Day is celebrated annually on January 16th in India, to recognize and promote the country’s vibrant startup ecosystem. The day is marked by a week-long event, the Startup India Innovation Week, organized by the Ministry of Commerce and ..

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India’s National Green Hydrogen Mission

In a move towards a greener future, the Indian government has announced the National Green Hydrogen Mission, with the goal of making India the global hub for green hydrogen production. The mission aims to achieve a production capacity of 5 ..

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