Daily Current Affairs Quiz : April 1, 2023

Notes:
The European Space Agency’s Proba-3 Mission will be launched aboard the ISRO’s PSLV in 2024. Its two satellites will study the Sun’s faint corona and surrounding atmosphere.
The 340-kilogram spacecraft will be deployed by PSLV in a high Earth orbit with an orbital period of 19.7 hours.

Notes:
SEBI decided to set up a corporate debt market development fund in the form of an Alternative Investment Fund.
Corporate Debt Market Development Fund will be set up with an initial corpus of Rs 3,000 crore. It will function as a backstop facility for buying investment grade corporate debt securities during stressful times.

Notes:
National League for Democracy, led by Aung San Suu Kyi, has been dissolved after it refused to comply with a tough new party registration law imposed by Myanmar’s military.
The military, which seized power in a coup in February 2021, set a deadline for political parties to re-register under the restrictive new law. It has promised to hold an election, though such a vote has been widely dismissed as lacking in any credibility.

Notes:
Lynx-U2 System is an indigenously developed naval gun fire control system. The Union Defence Ministry recently signed a contract with BEL for the procurement of 13 of these systems for the Indian Navy.
The purchase under the Buy Indian – IDMM (Indigenously Designed, Developed, and Manufactured) category will be placed on new-gen offshore patrol vessels to be constructed indigenously at Garden Reach Shipbuilders and Engineers and Goa Shipyard Limited.

Notes:
The World Bank approved 100 million USD loan for the implementation of the Odisha State Capability and Resilient Growth Program.
This program will help the state strengthen early forecasting system for disaster management and provide social protection coverage for vulnerable households.