Daily Current Affairs 23rd Nov, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 23rd Nov, 2024. It includes all Major National, International, Business and Sports related current affairs of 23rd Nov, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 23rd Nov, 2024 Current affairs test.
National News
NITI Aayog Advocates Adding Coking Coal to India’s Critical Minerals List
- The NITI Aayog has proposed including coking coal in India’s critical minerals list, highlighting its vital role in steel manufacturing and infrastructure development.
- This recommendation mirrors global practices, such as the European Union’s classification of coking coal as a critical raw material. With India importing 85% of its coking coal, the emphasis is on boosting domestic production.
- A report titled “Enhancing Domestic Coking Coal Availability to Reduce the Import of Coking Coal” outlines policy changes needed to capitalize on India’s 16.5 billion tonnes of medium coking coal reserves. The goal is to achieve self-reliance while remaining aligned with India’s Net Zero targets for 2070.
India’s First Self-Sufficient Gaushala with CBG Plant Inaugurated in Gwalior
- Prime Minister Narendra Modi inaugurated the Adarsh Gaushala, India’s first modern and self-reliant cattle shelter, in Laltipara, Gwalior, Madhya Pradesh.
International News
FTA Negotiations Between UK and India to Restart in Early 2025
- UK Prime Minister Keir Starmer announced the resumption of Free Trade Agreement (FTA) negotiations with India, set to begin in early 2025.
- This follows discussions with Indian Prime Minister Narendra Modi, where both leaders reaffirmed their commitment to strengthening bilateral ties across areas such as security, defense, technology, climate, health, and education. Trade between the two nations currently amounts to GBP 42 billion annually.
Bali Hosts Thanksgiving Festival Ngusaba Goreng
- Bali recently celebrated Ngusaba Goreng, a two-week Thanksgiving festival honoring a bountiful harvest. This event reflects Bali’s unique cultural blend of Hindu philosophy, animist traditions, and Buddhist influences.
- Central to the celebrations are sacred dances like Rejang Dewa and Rejang Pucuk, performed by prepubescent girls, symbolizing the deep spiritual and cultural connection of the Balinese people to their heritage and the divine.
Mali Junta Appoints Abdoulaye Maiga as New Prime Minister
- Mali’s military junta dismissed Prime Minister Choguel Maiga and appointed Abdoulaye Maiga, the junta’s spokesperson, as his successor on November 21, 2024.
- The announcement, broadcast on state television ORTM, comes amid growing criticism of the junta’s management of the promised democratic transition and increasing political tensions within the country.
Defense News
Successful Completion of Sea Vigil 24 Coastal Defense Exercise
- The fourth edition of the nationwide Coastal Defense Exercise, Sea Vigil 24, concluded on November 21, 2024. The 36-hour exercise covered India’s 11,098 km coastline and its 2.4 million sq. km Exclusive Economic Zone (EEZ). Over 21 agencies across six ministries participated, showcasing India’s preparedness to tackle evolving maritime threats and bolstering coastal security.
Economy News
Zomato to Join BSE Sensex, Replacing JSW Steel
- Asia Index Private Ltd, a subsidiary of the Bombay Stock Exchange (BSE), announced that Zomato will replace JSW Steel in the BSE Sensex index as part of a broader reconstitution. This change will take effect on December 23, 2024, alongside adjustments to other indices, including the BSE 100, BSE Sensex 50, and BSE Sensex Next 50.
India’s Forex Reserves Experience Record Weekly Drop
- India’s foreign exchange reserves fell by a record $17.76 billion to $657.8 billion for the week ending November 15, 2024, marking the largest weekly decline since records began in 1998. The drop is attributed to the strengthening US dollar, Reserve Bank of India’s (RBI) market interventions to support the rupee, and declining gold prices.
Ranks & Reports News
World Bank Launches ‘Jobs at Your Doorstep’ Report
- The World Bank unveiled its report, “Jobs at Your Doorstep: A Jobs Diagnostics for Young People in Six States,” in New Delhi on November 22, 2024.
- The event, attended by Education Minister Dharmendra Pradhan and Labour Minister Dr. Mansukh Mandaviya, emphasized the need to bridge skill gaps in youth and align school curricula with industry demands.
Banking News
RBI Raises UPI 123Pay and UPI Lite Wallet Limits
- The Reserve Bank of India (RBI) has increased the transaction limit for UPI 123Pay from ₹5,000 to ₹10,000, facilitating digital transactions for 400 million feature phone users. Additionally, the UPI Lite wallet limit has been raised from ₹2,000 to ₹5,000 to enable higher-value small transactions.
- These changes aim to deepen financial inclusion and encourage broader adoption of digital payment systems.
Agreements News
ISRO Partners with Australian Space Agency for Gaganyaan Mission
- The Indian Space Research Organisation (ISRO) has collaborated with the Australian Space Agency (ASA) to support the Gaganyaan mission, India’s first crewed spaceflight. The partnership, formalized on November 20, 2024, includes cooperation on astronaut recovery and crew module retrieval, ensuring the mission’s safety in case of emergencies.
Science and Technology News
IISc Develops STRONG for Advanced Nanopore Research
- Researchers at the Indian Institute of Science (IISc) have introduced STRONG (STring Representation Of Nanopore Geometry), a tool that encodes nanopore shapes for accurate property prediction using machine learning (ML) models.
- Published in the Journal of the American Chemical Society, this innovation is expected to significantly advance computational materials science
Sports News
Sony Sports Secures Broadcasting Rights for ACC Tournaments
- Jay Shah, ICC president-elect and BCCI-ACC chief, announced that Sony Sports Networks has secured exclusive broadcasting rights for all Asian Cricket Council (ACC) tournaments from 2024 to 2031. This partnership is set to enhance cricket’s reach and visibility across the region.
Awards News
PM Modi Honored with Global Peace Award in Washington
- During the inauguration of the Association of Indian American Minorities (AIAM) in Maryland, USA, Prime Minister Narendra Modi was posthumously honored with the Dr. Martin Luther King Jr. Global Peace Award for Minority Upliftment. The award recognizes his contributions to inclusive development and minority welfare.
