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Current Affairs viable of 24 February 2023

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Daily GK Current Affairs News is viable on 24 February 2023. – Here is the Regular current affairs viable of 24 February 2023 covering the following news headlines: ONDC network, Annual Raising Day, Entrepreneur of the Year 2022, ISSF World Cup 2023, Classical dance legend Kanak Rele.

Daily Current Affairs updates are incorporated with the critical news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of important information held all day. One should have complete knowledge of banking terms, current affairs news, etc.

So, here is the GK update of 24 February 2023 to help you prepare the Current affairs part. After reading this section, you can successfully attempt the current affairs quiz.

Here current affairs have been categorized which is as follows

  • International News
  • National News
  • State News
  • Banking News
  • Business News
  • Awards News
  • Sports News
  • Obituaries News

International News

  1. US President nominated former Mastercard CEO Ajay Banga to lead World Bank
  • From Washington, US President Joe Biden has nominated former Mastercard chief executive Ajay Banga to lead the World Bank after its current chief David Malpass announced plans to step down early. Banga’s nomination comes at a time when development lenders are pushing to more effectively address global problems such as environmental issues.
  • The development lender has started accepting candidate nominations in a process that will run till March 29, with the bank saying women candidates will be “strongly” encouraged. The President of the World Bank is usually American, while the leader of the International Monetary Fund is traditionally European.
  1. UN approves resolution for Russia to leave Ukraine after 1 year
  • The UN General Assembly approved a non-binding resolution calling on Russia to end hostilities in Ukraine on the eve of the first anniversary of the invasion, sending a strong message that Moscow’s aggression must end.
  • The 141-7 vote was slightly lower than five previous resolutions approved by the 193-member world body since Russia sent troops and tanks to its smaller neighbor on February 24, 2022.

National News

  1. Center approves extension of tenure of 22nd Law Commission of India till August 2024
  • The Union Cabinet approved the extension of the tenure of the 22nd Law Commission by one and a half years. This commission was given the responsibility of identifying irrelevant laws and recommending their repeal. According to an official statement, a proposal to this effect was approved in a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi.
  • The Law Commission of India is a non-statutory body, constituted by the Government of India from time to time. The commission was originally constituted in 1955 and is reconstituted from time to time. The tenure of the current 22nd Law Commission of India ends on February 20, 2023.

State News

  1. Mumbai- Churchgate station to be renamed as CD Deshmukh station
  • The Churchgate railway station in Mumbai will soon be called ‘Chintamanrao Deshmukh Station’, named after the first governor of the Reserve Bank of India (RBI) CD Deshmukh.
  • The first national executive meeting of the Eknath Shinde-led Shiv Sena faction, which was declared the original Shiv Sena by the Election Commission last week. The meeting passed a resolution to rename Churchgate railway station after former RBI governor and Union finance minister CD Deshmukh.

Banking News

  1. HDFC Bank, and Lulu Exchange sign pact to enhance cross-border payments between the Indo-Gulf region
  • HDFC Bank and Lulu Exchange, a UAE-based financial services company, have partnered to strengthen cross-border payments between India and the Gulf Cooperation Council (GCC) region. Both parties have signed a Memorandum of Understanding (MoU) to enable remittances in India through HDFC’s online and mobile banking powered by Lulu Exchange.
  • In a press release, the bank said that they will launch the ‘Remit Now 2 India’ service for instant money transfers from UAE.
  1. Saraswat Bank partners with Tagit to deploy omnichannel banking
  • Saraswat Bank has partnered with Tagit, a Singapore-based digital banking solutions provider, to implement omnichannel digital banking solutions for its retail and corporate customers. Under the association, the bank will use Tagit’s Mobix digital banking platform to enhance customer experience.
  • The Mobix digital banking platform will accelerate the bank’s ability to launch new digital services, allowing the bank to continuously innovate and scale as its customer base grows.

Business News

  1. Amazon to join ONDC network in India
  • E-commerce giant Amazon announced that it will join the Government of India’s ONDC (Open Network for Digital Commerce) platform, and will integrate its smart commerce and logistics services with the ONDC network as part of its initial collaboration will integrate.
  • Amazon Logistics services include pickup and delivery, while Smart Commerce is a suite of SaaS (software-as-a-service) products hosted on AWS to help MSMEs build and grow their business and integrate it with the ONDC network can help.

Awards News

  1. JSW Chairman Sajjan Jindal wins ‘Entrepreneur of the Year 2022’
  • Sajjan Jindal, Chairman, and Managing Director of JSW Group were awarded as the EY Entrepreneur of the Year (EOY) 2022.
  • The seven-member jury, headed by KV Kamath, former chairman of ICICI Bank, awarded the EOY to Jindal for his extraordinary entrepreneurial journey in building a US$ 22 billion revenue conglomerate, a global conglomerate with a presence in steel, cement, infrastructure, energy, and paints. Selected as the 2022 winner.

Sports News

  1. Carlos Alcaraz won the Argentina Open Title 2023
  • Grand Slam champion Spain’s tennis player Carlos Alcaraz captured the Argentina Open tennis title by performing brilliantly. World number-2 player and top seed Alcarez faced Britain’s Cameron Norrie in the title match of the tournament.
  • Alvarez dominated the entire match in this match. Alvarez cruised to an easy victory over the world No. 13 in straight sets. This is his first title in this tournament.
  1. Spain’s Sergio Ramos announces international football retirement
  • Former Paris Saint-Germain and Real Madrid defender Sergio Ramos have announced he is retiring from international football. A record 180 appearances for Spain followed. Ramos, who was part of Spain’s World Cup and Euro-winning teams, represented Real Madrid in La Liga and now plays for PSG in Ligue 1.
  • Ramos made his debut in Spain in 2005 while still a teenager playing for Sevilla. He played in seven major tournaments for his country, winning three, but was ruled out of Euro 2020, and 2021, and was dropped from the squad for the 2022 World Cup by Luis Enrique.
  1. Rudranksh Patil won the gold medal in the 10m Air Rifle in ISSF World Cup 2023
  • India’s Rudranksh Balasaheb Patil won the Men’s 10m Air Rifle event at the ISSF World Cup 2023 in Cairo. He defeated Maximilian Ulbricht of Germany 16–8 in the gold medal match to win the top prize. Rudranksh Patil finished seventh in the qualification round with a score of 629.3 and made it to the ranking round where he topped with a score of 262.0.
  • Croatia’s Miran Marisic, who topped the qualification, won the bronze medal. Divyansh Singh Panwar and Hriday Hazarika missed the cut for the ranking round by a narrow margin and finished 11th and 12th respectively.

Obituaries News

  1. HDFC Bank, and Lulu Exchange sign pact to enhance cross-border payments between the Indo-Gulf region
  • HDFC Bank and Lulu Exchange, a UAE-based financial services company, have partnered to strengthen cross-border payments between India and the Gulf Cooperation Council (GCC) region. Both parties have signed a Memorandum of Understanding (MoU) to enable remittances in India through HDFC’s online and mobile banking powered by Lulu Exchange.
  • In a press release, the bank said that they will launch the ‘Remit Now 2 India’ service for instant money transfers from UAE.

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