Daily Current Affairs for MBA Exams: 18th September 2023

By BYJU'S CAT|Updated : September 18th, 2023

 Honours & Awards

1. Kupwara bagged ‘Best Performer District Award’ under PMAY-G Convergence

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  • District Kupwara has been conferred with the award for the “Best Performer District 2023 in UT of J&K under PMAY-G” by Manoj Sinha, Lieutenant Governor J&K UT, held at Srinagar.
  • Kupwara has received the award in recognition of the construction of 4723 PMAY houses out of a target of 4902 houses for FY 2022-23 
  • PMAY-Gis successfully fulfilled the dream of several poor and vulnerable families having their own Pucca house in frontier Kupwara district.

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 Honours & Awards

2. NAFIS gets Gold Award for fool-proof fingerprint identification system

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  • National Automated Fingerprint Identification System (NAFIS) Team won Gold Award under Excellence in Government Process Reengineering for Digital Transformation Category-1 by the Department of Administrative Reforms and Public Complaints in Aug 2023.
  • ABOUT NAFIS
  • NAFIS helps in the quick and easy disposal of cases with the help of a centralized fingerprint database.
  • It assigns a unique 10-digit National Fingerprint Number (NFN) to each person arrested for a crime.

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 State Affairs

3. Narendra Modi lays foundation of Sant Ravidas temple in Madhya Pradesh

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  • PM Narendra Modi laid the foundation stone for a temple-cum-memorial for Sant Ravidas and along with that also inaugurated developmental works which are worth Rs 4,000 crore in Madhya Pradesh in Aug 2023
  • The memorial is steeped in the spirit of ‘Samrasta’ as the soil of more than 20,000 villages and 300 rivers have been used in it
  • Sant Ravidas was an Indian mystic poet-saint of the bhakti movement and founder of the Ravidassia religion during the 15th to 16th century CE

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 Important Dates

4. Partition Horrors Remembrance Day is observed on 14th August

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  • Prime Minister Narendra Modi had declared that August 14, will be remembered as 'Vibhajan Vibhishika Smriti Diwas' or Partition Horrors Remembrance Day in memory of the struggles and sacrifices during the partition in 1947. 
  • Aim: To keep reminding us of the need to remove the poison of social divisions, and disharmony and further strengthen the spirit of oneness, social harmony and human empowerment. 
  • Prime Minister Narendra Modi announced the event on this date in 2021

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 National & International Organizations

5. MakeMyTrip and ministry of tourism jointly launched Traveller's Map

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  • Online travel company MakeMyTrip(MMT) has joined hands with the Ministry of Tourism to launch a microsite, 'Traveller’s Map of India in Aug 2023
  • Aim:  To showcases 600 plus destinations beyond the popular travel spots in the country
  • Objective: To discover lesser-known tourism gems that lie within the country's borders based on their preferences
  • According to MMT "This microsite has been designed in line with the Government of India’s visionary 'DekhoApnaDesh' program,"

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 Sports

6. American golfer Lilia Vu captures second major at Women's British Open 202

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  • American golfer Lilia Vu won the Women’s British Open to claim her second major title of 2023 by defeating Charley Hull
  • She also won the Chevron Championship in April 2023, became the first female player to win two majors in the same year since Jin Young Ko in 2019, and the first American woman since Juli Inkster in 1999.
  • Three of the five women's majors have been won by American this year 2023 Allisen Corpuz won the Women's U.S. Open title at Pebble Beach

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 Honours & Awards

7. 954 Police awarded Police Medals on the occasion of the Independence Day

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  • A total of 954 police personnel have been awarded Police Medals on the occasion of the 76th Independence Day.
  • The President's Police Medal for Gallantry (PPMG) has been awarded to the Central Reserve Police Force's Assistant Commandant Loukrakpam Ibomcha Singh
  • The Police Medal for Gallantry (PMG) has been awarded to 229 police personnel
  • President's Police Medal for Distinguished Service (PPM) to 82 and Police Medal for Meritorious Service (PM) has been awarded to 642.

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 Banking & Finance

8. Bank of Maharashtra tops list of public sector lenders in loan in Q1 2023

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  • State-owned Bank of Maharashtra has emerged as the top performer among public sector lenders in loan and deposit growth in percentage terms during the first quarter of the current FY 2023.
  • The deposit and advances of the Pune-based lender recorded a nearly 25 percent rise, the highest by any public sector bank during the April-June quarter.
  • With a growth rate of 24.98 percent, the gross domestic advances of the bank rose to Rs 1,75,676 crore at the end of June 2023

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 Science & Technology

9. First space-based Indian observatory Aditya-L1, is ready for launch

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  • The first space-based Indian observatory to study the Sun - Aditya-L1, is getting ready for its launch in September 2023
  • The spacecraft is expected to be placed in a halo orbit around the Lagrange point - L1 of the Sun-Earth system, which is about 1.5 million Km from the Earth and has advantage of continuously viewing the Sun without any eclipses. 
  • This will provide a greater advantage of observing the solar activities and its effect on space weather in real-time.

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 Banking & Finance

10. RBI selects McKinsey and Company, Accenture Solutions to use AI and ML to

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  • RBI has selected global consultancy firms McKinsey and Company India LLP and Accenture Solutions Pvt Ltd India in August 2023
  • Aim: To develop systems using artificial intelligence and machine learning for its supervisory functions. 
  • RBI is looking to AI and machine learning to analyze its huge database and improve regulatory supervision over banks, NBFCs to ensure that the benefits of advanced analytics can accrue to the Department of Supervision in the central bank.

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