Current Affairs One-Liner : 27th May 2023

• National:

• The Indian Steel Association (ISA) has signed an agreement with the ASEAN Iron and Steel Council (AISC) to unlock new avenues of growth and sustainability in the steel sector. The Memorandum of Understanding (MoU) between the two organizations was signed on Sunday May 21, 2023 in Manila, Philippines

• Kerala has become India’s first fully e-governed state, Chief Minister Pinarayi Vijayan announced. The state has made over 900 services available via a single window system, e-sevanam portal
• Prime Minister Narendra Modi participated in the third in-person Quad Leaders’ Summit in Hiroshima, Japan on 20 May 2023. He invited Quad Leaders to India for the next Quad Summit in 2024
• sea phase of the second edition of the bilateral exercise ‘Al Mohed Al Hindi 23’, between the Indian Navy and Royal Saudi Naval Force (RSNF) was held from 23 - 25 May 2023 off Al Jubail, Saudi Arabia
• IEA World Energy Investment (WEI) report is the global benchmark for tracking investment trends across the energy world. The 2023 edition will present the latest data on capital flows to different types of energy projects, including a first set of full-year estimates for 2023
• on May 25th, 2023, the Asian Development Bank (ADB) and the Indian government signed a USD 141.12-million loan to support the development of high-quality internal infrastructure in Andhra Pradesh (AP)
• Union Power and New & Renewable Energy Minister R. K. Singh and Union Science & Technology Minister Dr. Jitendra Singh together launched the website and logo for the 14th Clean Energy Ministerial and 8th Mission Innovation meetings on May 25, 2023
• State Bank of India’s research report, Ecowrap, India’s growth in the fourth quarter of FY23 is likely to be 5.5%, which would lead to the country’s growth for FY23 at 7.1%. The RBI has estimated Q4FY23 Real GDP growth to be 5.1% and full year FY23 estimates by National Statistical Office (NSO) is 7%
• Indian peacekeepers were honored posthumously with the prestigious Dag Hammarskjöld Medal by the United Nations for their service and supreme sacrifice in the line of duty. The three Indians include Border Security Force personnel Head Constables Shishupal Singh and Sanwala Ram Vishnoi, who served with the Organisation Stabilisation Mission in the Democratic Republic of the Congo, and Shaber Taher Ali, employed in a civilian capacity with the UN Assistance Mission for Iraq
• In another milestone for India’s first indigenous aircraft carrier INS Vikrant, a MiG-29K fighter undertook night landing on her sprawling deck in the Arabian Sea. The Indian Navy has claimed that this is an important step towards the Indian government’s goal of ‘Atmanirbhar Bharat’
• The Girijan Cooperative Corporation (GCC) has achieved another milestone as it has got the organic certification for coffee and black pepper from the Agriculture and Processed Food Products Export Development Authority (APEDA)
• Union Home Minister and Minister of Cooperation, Shri Amit Shah laid the foundation stone of Guwahati campus of National Forensic Science University (NFSU) in Assam. Along with this, Shri Amit Shah also launched the web portal ‘Assam Police Seva Setu’ to make the services of the Assam Police more accessible and transparent for the people
• Nepal is likely to sign an energy deal during Prime Minister Prachanda’s visit to Delhi and the two sides would conclude at least six agreements during the exchanges here. The agreements might include those on water and agriculture cooperation
• Prime Minister Narendra Modi chaired the eighth governing council meeting of Niti Aayog on May 27th. The theme of the meeting was ‘Viksit Bharat @2047: Role of Team India’ . The meeting was held at the new Convention Centre in Pragati Maidan
• Union Minister of Health and Family Welfare Dr. Mansukh Mandaviya unveiled the National Medical Devices Policy 2023 and launched the Export Promotion Council for Medical Devices. Additionally, he also launched a scheme titled ‘Assistance for Medical Devices clusters for Common Facilities (AMD-CF)’
• Economy:
• The market regulator SEBI will soon introduce a new light-touch regulatory framework for passively managed mutual funds like exchange-traded funds (ETFs) and index funds. These funds have seen a sharp pick-up in assets under management in recent years
• India has moved the World Trade Organization’s (WTO) apex dispute resolution body, the Appellate Body, against a WTO panel ruling that said its import duties on some information and technology products are inconsistent with global trade norms
• World:
• Saudi Arabia and Canada have reached an agreement to restore full diplomatic ties and appoint new ambassadors, bringing an end to a dispute from 2018. The decision was made following discussions between Canadian Prime Minister Justin Trudeau and Saudi Crown Prince Mohammed bin Salman during the Asia-Pacific Economic Cooperation summit in Bangkok in November of the previous year
• 5,000 new species living in deep-sea habitats in the Pacific Ocean in a region known as the Clarion-Clipperton Zone (CCZ). The zone extends roughly 6 million sq km between Hawaii and Mexico.
• Sports:
• P.V Sindhu won her quarter-final tie against Zhang Yi Man of China 21-16, 13-21, 22-20 and advanced to the semifinals where she faced Gregoria Mariska Tunjung of IndonesiaH.S. Prannoy also advanced to the semifinals
• Gujarat Titans will take on Chennai Super Kings in the final of the Indian Premier League (IPL) 2023 on May 29th at the Narendra Modi Stadium in Ahmedabad. The match was originally scheduled for May 28th but was moved to the reserve day due to rain
• Important Days:

• The United Nations General Assembly has proclaimed November 26 as World Sustainable Transport Day. This proclamation stems from the inaugural Global Conference on Sustainable Transport held in Ashgabat on November 26, 2016
• World Schizophrenia Awareness Day is commemorated every May 24. It is a day dedicated to raising awareness of the mental illness that affects over 20 million people worldwide.
• Commonwealth Day is celebrated every year on March 13 across the world. However, it is observed on May 24 in India and a few other nations. The theme for Commonwealth Day 2023 is "Forging a Sustainable and Peaceful Common Future
• Appointments:

• The Mangaluru-headquartered private sector Karnataka Bank has appointed Srikrishnan Harihara Sarma as the new managing director and CEO of the Bank. The appointment is effective from the date of his assuming charge and will last for a period of three years
• Justice Sanjay V. Gangapurwala, who is officiating as the Chief Justice of Bombay High Court, has been appointed as the the Chief Justice of Madras High Court while Justice Ramesh D. Dhanuka has been appointed as the Chief Justice of Bombay High Court
• R Dinesh, Executive VC of TVS SCS, has been elected as President of the CII for 2023-24; ITC MD Sanjiv Puri has been named President Designate.

Questions:

Q.1 When is World Schizophrenia Awareness Day observed?
a. May 24
b. June 24
c. July 24
d. August 24

Q.2 Who has been appointed as the new managing director and CEO of Karnataka Bank?
a. Sundar Pichai
b. Ratan Tata
c. Mukesh Ambani
d. Srikrishnan Harihara Sarma