Daily Current Affairs for MBA Exams: 27th January 2023

By BYJU'S CAT|Updated : January 27th, 2023

 National & International Appointments

1. IIM Ahmedabad appoints Professor Bharat Bhasker as the new Director

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  • Professor Bharat Bhasker has been appointed as the new director of the Indian Institute of Management Ahmedabad (IIMA) for five years, effective from March 1, 2023.
  • Presently, he is working as a professor of Information Technology and Systems at IIM Lucknow.
  • The term of the incumbent director, Prof Errol D’Souza, will be ended on January 31.
  • Meanwhile, the Board of Governors has appointed Prof Arindam Banerjee as the Director-In-Charge from 1st -28th February 2023.

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 State Affairs

2. North India’s largest floating Solar project inaugurated

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  • The Governor of Punjab, Banwari Lal Purohit inaugurated North India’s largest floating Solar project of 2000kWp at Water Works in Chandigarh.
  • He has also inaugurated a 500kWp floating Solar Project with Fountains at Dhanas Lake in Chandigarh.
  • These projects were designed and executed by CREST (Chandigarh Renewable Energy and Science & Technology Promotion Society).
  • It will generate a minimum of 35 Lac Units(kWh) of Solar Energy per year with 20% module efficiency.

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 National Affairs

3. NTPC Group capacity crosses 71GW

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  • NTPC (India's largest power generator) Group capacity has crossed 71 GW with the successful completion of the trial operation of the first unit of 660 MW North Karanpura Super Thermal Power Project, Jharkhand (3x660 MW).
  • Impact: It will provide affordable power to Jharkhand, Bihar, WB, and Odisha.
  • With this addition, the total installed capacity of NTPC has become 71544 MW
  • The foundation for this NTPC project in Jharkhand was laid by the former PM, Atal Bihari Vajpayee

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 National Affairs

4. Krishi-Mahotsav: Pradarshani evam Prashikshan organized in Rajasthan

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  • The Department of Agriculture and Farmers Welfare has organized a two-day event, ‘Krishi-Mahotsav: Pradarshani evam Prashikshan’ at Kota, Rajasthan.
  • It was organized in association with the Department of Agriculture, Government of Rajasthan.
  • Aim: To make Kota Division advanced and leading in the field of agriculture and rural development.
  • Through the exhibition, the government can also spread awareness about the schemes of governments.
  • Rajasthan CM: Ashok Gehlot

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 Sports

5. ICC revealed Men's & Women's T20I team of year

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  • The ICC has revealed the Men's and Women's T20I Team of the Year 2022.
  • The ICC has recognized the 11 outstanding players.
  • In Women:
    • Smriti Mandhana, Deepti Sharma, Richa Ghosh, Renuka Singh, Beth Mooney, Ash Gardner, Tahila McGrath, Nida Dar, Sophie Ecclestone,  Inoka Ranaweera, Sophie Devine
  • In Men:
    • Virat Kohli, Suryakumar Yadav, Hardik Pandya, Mohammad Rizwan, Haris Rauf, Jos Buttler, Glenn Phillips, Sikandar Raza, Sam Curran, Wanindu Hasaranga, Josh Little

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 Banking & Finance

6. Sebi launches information database on municipal bonds

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  • SEBI has launched an information database on municipal bonds in a programme on municipal bonds and municipal finance, organized in New Delhi.
  • The event was participated by representatives from various stakeholders, including MoHUA.
  • Municipal Bonds:
    • It is also known as 'muni bonds'.
    • It is a debt instrument that municipal corporations and other associated bodies in India issue them.
    • Whenever the local government body wants to raise funds, they issue these bonds.

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 Banking & Finance

7. Indi Grid to buy Khargone Transmission for ₹1497cr

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  • India Grid Trust (IndiGrid) will acquire a 100% equity stake in Khargone Transmission at an enterprise value of around ₹1,497.5 crores.
  • IndiGrid signed a share purchase agreement on January 21, 2023.
  • Khargone Transmission was incorporated on November 28, 2015.
  • The transmission project was awarded by the ministry of power for a 35-year period from the scheduled commercial operation date on a build, own, operate, and maintain (BOOM) basis.

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 State Affairs

8. Bihar inks MoU with FSI for TOF field survey to promote agroforestry

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  • Bihar government in association with the Forest Survey of India (FSI) has decided to conduct a 'Trees Outside Forest' (TOF) field survey
  • Aim: To identify the dominant tree species that are growing outside the recorded forest areas (RFA)
  • As per the FSI India State of Forest Report, 2021, Bihar has registered an increase of 3.79% in growing stock in RFA and 0.58% in TOF
  • The overall tree cover has also increased in the state from 2,003 sq km in 2019 to 2,341 sq km in 2021

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 State Affairs

9. Odisha cabinet approves inclusion of 22 castes in State’s list of SEBC

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  • Odisha cabinet has cleared the inclusion of 22 castes in the list of Socially and Economically Backward Classes (SEBC).
  • The state government has approved the proposed Amendment of the Odisha State Commission for Backward Classes Act, 1993 by inserting subsection 3 under Section 9
  • This enables the State Government to include such Backward Classes in the State list of SEBCs
  • Article 15(4): It enables the State to make any special provisions for the advancement of any SEBC

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 Science & Technology

10. JUICE Space Mission of Europe to be launched in April 2023

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  • The European Space Agency’s Jupiter Icy Moons Explorer (JUICE) will be launched from the agency’s spaceport in French Guiana in April 2023.
  • Aim: To explore the large, frigid worlds that orbit Jupiter, Ganymede, Callisto, and Europa
  • Ariane 5 will carry the satellite.
  • JUICE will be the first satellite from the earth to enter the orbit of Ganymede.
  • If launched in April 2023, the satellite is expected to enter Jupiter orbit by 2034 and will be deorbited in 2035.

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 Honours & Awards

11. President Murmu conferred PM's national award for children

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  • President, Droupadi Murmu has conferred the Pradhan Mantri Rashtriya Bal Puraskar (PMRBP) 2023 to 11 exceptional children in an award ceremony held at Vigyan Bhawan.
  • The awards are conferred upon children in the age group 5 – 18 years.
  • This award is given in six categories - Art & Culture, Bravery, Innovation, Scholastic, Social Service, and Sports.
  • Each awardee of PMRBP is given a medal, a cash prize of Rs.1 Lakh and a Certificate.

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