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Banking Current Affairs : 23rd May 2024

Today’s Current Affairs: 23rd May 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

Badminton World Federation (BWF) Rankings:

  • The star Indian men’s badminton duo of Satwiksairaj Rankireddy and Chirag Shetty have regained their top spot in the latest Badminton World Federation (BWF) Rankings after a remarkable victory at the Thailand Open Super 500 in Bangkok last week. Before the tournament, Satwik and Chirag were ranked third but managed to surpass China’s Liang Wei Keng and Wang Chang.

Inflation is seen closer to target in FY26: RBI’s state of the economy report

  • The Reserve Bank of India’s State of the Economy report observed that any durable alignment of headline retail inflation with the target of 4% could recommence in the second half of FY25 and sustain until numbers closer to the target are seen during the course of FY26, dashing hopes of any reduction in the policy repo rate in the current financial year.

India climbs to 39th position in World Economic Forum’s Travel & Tourism Development Index:

  • India’s rank on the World Economic Forum’s Travel & Tourism Development Index 2024 has risen to 39th place, with global tourism activities returning to pre-pandemic levels, the annual report showed.
  • While the US topped the list, India is ranked highest in South Asia and among the lower-middle-income economies, the WEF said.

World’s first major law for artificial intelligence gets final EU green light:

  • European Union member states gave final agreement to the world’s first major law for regulating artificial intelligence, as institutions around the world race to introduce curbs for the technology.

Antarctic tourism:

  • India is set to play a pivotal role in facilitating the first-ever focused discussions on regulating tourism in Antarctica at the 46th Antarctic Treaty Consultative Meeting and 26th Meeting of the Committee for Environmental Protection.
  • India has been a Consultative Party to the Antarctic Treaty since 1983.

Italian Open 2024:

  • The 2024 Italian Open is now in the books with Poland’s Iga Swiatek victorious on the women’s side and Germany’s Alexander Zverev the winner on the men’s side.
  • Swiatek trounced Aryna Sabalenka of Belarus 6-2, 6-3 in a rematch of the Madrid Masters final won by Swiatek, 7-5, 4-6, 7-6. This is Swiatek’s third Italian Open title.

Grand Prix 2024:

  • Max Verstappen, the defending Formula 1 World Champion, showcased his prowess on the track by clinching a hard-fought victory at the Emilia Romagna Grand Prix 2024.

International Women in Maritime Day:

  • The Ministry of Ports, Shipping and Waterways (MoPSW) recently marked International Women in Maritime Day, recognizing the significant contributions of 27 women seafarers to the maritime industry.
  • The event aimed to honor these professionals and promote gender equality within the maritime sector.

SBI Bolsters Presence in GIFT City with Acquisition of Stake in CCIL IFSC:

  • Move to expand its foothold within the Gujarat International Finance Tec City (GIFT City), the State Bank of India (SBI) has finalized the acquisition of a 6.125% stake in CCIL IFSC Limited. The transaction, valued at ₹6.125 crore.

Swiggy Fortifies Fraud Prevention with SHIELD Partnership:

  • Online food delivery platform Swiggy has partnered with SHIELD, a device-first risk AI platform, to bolster its fraud prevention and detection capabilities.
  • This strategic move aims to address promo abuse and deter fraudulent practices within Swiggy’s Delivery Partner ecosystem.

International Booker Prize 2024:

  • Kairos by Jenny Erpenbeck, translated by Michael Hofmann, has won the International Booker Prize 2024.
  • International Booker Prizeis awarded annually for the finest single work of fiction from around the world which has been translated into English.

ATD BEST Awards 2024:

  • India’s biggest energy company, NTPC Limited, won third place at the ATD BEST Awards 2024, making it the best-performing Indian company in this prestigious foreign event. Ms. Rachana Singh Bhal, CGM (Strategic HR & Talent Management), got the award on May 21, 2024, at a ceremony in New Orleans, USA.

Shaw Prize : Astronomy

  • Shrinivas R. Kulkarni, an astronomy professor with Indian roots who now lives in the US, has been given the prestigious Shaw Prize in Astronomy for 2024.

Prime Minister Wi-Fi Access Network Interface (PM-WANI) Scheme : Report

  • Public wifi hotspots under the Prime Minister Wi-Fi Access Network Interface (PM-WANI) scheme are nearing the 2-lakh mark in the country.
  • PM-WANI Scheme was launched by the Department of Telecommunication (DoT) in December 2020 to provide affordable and high-speed internet connectivity to the public in rural and remote areas of the country.

X-Chromosome : Recent Study

  • Scientists have found a molecular link between altered X-chromosome inactivation and autoimmune diseases.
  • X-Chromosome is one of the two sex chromosomes in humans (the other is the Y chromosome).
  • There are 23 pairs of chromosomes in the human body.

International Criminal Court : Seeking Arrest Warrants

  • The International Criminal Court’s (ICC) prosecutor is seeking arrest warrants for Israeli Prime Minister Benjamin Netanyahu, Defence Minister Yoav Gallant, and three Hamas leaders for war crimes.