Wednesday, February 22, 2023



 1.                   1ST BI-MONTHLY MONETARY POLICY OF FY23

·                     The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) met on February 6-8, 2022 , and released the Monetary Policy Statement, 2022-23 Resolution of the MPC which projected India’s real Gross Domestic Product (GDP) growth to 6.4% for FY24 (lower than 7% in FY23) with FY24’s Q1 at 7.8%, Q2 at 6.2%, Q3 at 6%, and Q4 at 5.8%.

·                     Consumer Price Index (CPI)inflation or retail inflation is projected at 5.3% for FY24, with FY24’s Q1 at 5%, Q2 at 5.4%, Q3 at 5.4%, and Q4 at 5.6%.

·                     RBI proposed to permit all inbound travellers to India to use Unified Payments Interface (UPI) for their merchant payments (P2M) while they are in India.

·                     RBI will launch a pilot project on QR Code-based Coin Vending Machines (QCVM) in 12 cities.

·                     Rate adjustment for the SDF (Standing Deposit Facility) to 6.25% from 6%

·                     Marginal Standing Facility (MSF) rates increased by 25 basis points to 6.75%.

·                     The RBI increased the repo rate by 25 basis points to 6.50% with immediate effect, marking the sixth consecutive increase


2.                   65TH ANNUAL GRAMMY AWARDS

·                     Ricky Kej, an Indian music composer and environmentalist based in Bengaluru, Karnataka, has his 3rd Grammy at the 65th annual Grammy Awards(Grammy 2023) under the Best Immersive Audio Album category for the album Divine Tides.

·                     He shared the award with rock legend Stewart Copeland,  the drummer of the iconic British rock band The Police.

·                     The 65th annual Grammy Awards(Grammy 2023) was held at the Arena in Los Angeles, California, the United States of America(USA).

·                     Grammy 2023 recognises the recordings released between 1st September 2021 and 30th September 2022.

·                     Record of the Year : About Damn Time by Lizzo

·                     Album of the Year : Harry's House by Harry Styles

·                     Song of the Year : Just Like That

·                     Best Pop Solo Performance-Bonnie Raitt wins for ‘Just like That’



·                     Veteran journalistDr Anne Bhavani Koteswara Prasad, popularly known as ABK, has been chosen for the ‘Raja Ram Mohan Roy National Award for excellence in Journalism-2020’ for his outstanding contribution to the field of journalism.

·                     The award was conferred by Justice Ranjana Prakash Desai, chairperson of the Press Council of India (PCI).

·                     The award will be presented on February 28 2023 at Deputy Speaker Hall, Constitution Club of India, Rafi Marg, New Delhi.

·                     The religious and social reformer Raja Ram Mohan Roy is the founder of the Brahmo Samaj (a monotheistic sect of Hinduism).

·                     He was known as the ‘Father of Modern India’ or ‘Father of the Bengal Renaissance’.

·                     He was the one who introduced the word “Hinduism” (or “Hindooism”) for the first time into the English language in 1816.


4.                   ATD BEST AWARDS 2023

·                     NTPC Limited, a Maharatna Central Public Sector Undertaking (CPSU) under the Ministry of Power, Government of India, has been honoured with the Association for Talent Development (ATD) Best Awards 2023 for demonstrating enterprise success in the field of Talent Development by the Association for Talent Development (ATD), United States of America (USA).

·                     NTPC has won the ATD Best Awards for the sixth time.

·                     ATD has named 72 organisations as Best Awards 2023 winners, including 7 best of the best, organisations that have won the BEST Awards ten times or more.

·                     The Association for Talent Development (ATD), formerly ASTD, is the world’s largest association in the field of Talent Development and ATD’s Best award is the most coveted recognition in L&D.

·                     ATD Headquarters- New Delhi, Delhi



·                     The National accreditation system of India under the Quality Council of India (QCI) was ranked 5th globally in the Global Quality Infrastructure Index (GQII)2021.

·                     India’s overall QI (Quality infrastructure) system ranking continues to be in the Top 10 unchanged from GQII 2020 at the 10th position, with a GQII score of 0.932.

·                     The GQII Index is a pioneer in measuring the development status and dynamics of QI worldwide.

·                     The GQII ranks 184 countries according to the relative development of their QI. A formula calculates a score for each country based on its position in the sub-rankings for metrology, standards and accreditation (the 3 QI pillars).

·                     In the GQII 2021, the top-ranked country (Germany) scored 0.9958,  while the lowest-ranked country  (Timor-Leste) scored 0.1190.

·                     In the case of the standardization system (under BIS) India got the 9th rank and in terms of metrology system (under NPL-CSIR) India was at 21st position in the world.

·                     *NPL-CSIR is National Physical Laboratory under the Council of Scientific & Industrial Research; BIS – Bureau of Indian Standards



·                     The Indian Space Research Organisation (ISRO) launched the 2nd edition of the Small Satellite Launch Vehicle (SSLV-D2) from the first launch pad of Satish Dhawan Space Centre (SDSC) at Sriharikota, Andhra Pradesh (AP).

·                     It carried the following 3 satellites weighing 175.2 kg to put them into a 450 km circular orbit:

·                     This launch demonstrated the designed payload capability of SSLV in LEO (Low Earth Orbit), and also marked ISRO’s first launch of 2023.

·                      (ISRO)Chairman – S. Somanath,Headquarters– Bengaluru, Karnataka,Establishment– 1969


7.                   WORLD PULSES DAY 2023- FEBRUARY 10

·                     United Nations (UN)’s World Pulses Day (WPD) is annually observed across the globe on February 10 to recognise the value of these food items and to increase knowledge of the nutritional benefits of consuming a variety of foods, including pulses.

·                     The theme of World Pulses Day 2023 is “Pulses for a sustainable future”.

·                     The United Nations General Assembly (UNGA) adopted the resolution A/RES/73/251 on 20th December 2018 and proclaimed February 10 of every year as World Pulses Day.

·                     Burkina Faso, a landlocked country in West Africa, proposed the observance of World Pulses Day.


8.                   NATIONAL DEWORMING DAY 2023 – FEBRUARY 10

·                     The National Deworming Day(NDD) is annually organised in all states and Union Territories (UTs) across India on February 10, with a mop-up day on February 15 with an aim to eradicate intestinal worms also referred to as Soil-Transmitted Helminths (STH), among children of age 1-19 years.

·                     The NDD is an initiative of the Ministry of Health and Family Welfare(MoH&FW), Government of India(GoI) which aims to ensure that every child in India is worm-free.

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