In Daily Current Affairs for 02nd August 2023, we will see the latest national and international current affairs news. These important current affairs will be beneficial for your upcoming NDA, CDS, CDS OTA, AFCAT, TA, Agniveer Army, Agniveer Navy, Agniveer Air Force, Women Military Police, INET, MNS, ACC exams, SCO, PCSL, CAPF, and SSB interviews, and direct entries for Army, Navy, and Air Force like SSC Tech, TGC, JAG, NCC, TES, 10+2 Cadet. Download a PDF file about current events at the end of this article. Let us now see the Daily Current Affairs.
DAILY CURRENT AFFAIRS 02 August 2023
Tilak Remembered On 103rd Death Anniversary
- Bal Gangadhar Tilak (23 July 1856 – 1 August 1920) The British Colonial Authorities Called Him “The Father Of The Indian Unrest”. He Was Also Conferred With The Title Of “Lokmanya”, Which Means “Accepted By The People As Their Leader”. Gandhi Called Him “The Maker Of Modern India”.
- PM Modi Paid Homage To Lokmanya Tilak On His 103rd Death Anniversary Today. In A Tweet, Mr Modi Said He Will Be In Pune Where He Will Accept The Lokmanya Tilak National Award. The Prime Minister Said He Is Indeed Humbled That He Has Been Conferred This Award Which Is Closely Associated With The Work Of Such A Great Personality Of Indian History.
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PM Modi Conferred Lokmanya Tilak National Award
- PM Modi has Conferred The Lokmanya Tilak National Award For His Outstanding Contributions Towards The Progress Of The Country.
- He Was Given The Award At A Function In Pune. Speaking On The Occasion, Mr Modi Said He Feels Honoured To Receive The Award Named After Lokmanya Tilak, Who Was At The Forefront Of India’s Freedom Struggle.
- Lokmanya Tilak Changed The Course Of The Freedom Struggle And the British Called Him The Father Of Indian Unrest.
- Lokmanya Tilak Had This Unique Ability To Identify Young Talent And Veer Savarkar Was One Such Example.
- Tilak Realised The Capability Of Veer Savarkar And Was Instrumental In His Education Abroad.
- Trust On Each Other Will Make Us Strong And Development Is Impossible If There Is An Atmosphere Of Mistrust.
NPA Of Scheduled Commercial Banks Declined
- The Gross Non-Performing Assets (NPA) Of Scheduled Commercial Banks Have Declined In The Last Three Financial Years.
- NPA Declined To 5.71 Lakh Crore Rupees In March 2023 From 8.35 Lakh Crore Rupees In 2021.
- This Was Stated By Finance Minister Nirmala Sitharaman In A Written Reply In The Rajya Sabha.
- A Non-Performing Loan Is A Bank Loan That Is Subject To Late Repayment Or Is Unlikely To Be Repaid By The Borrower In Full. Non-Performing Loans Represent A Major Challenge For The Banking Sector, As They Reduce Profitability.
Myanmar Junta Extends Emergency For 6 Months
- Myanmar’s National Defence And Security Council (NDSC) Agreed Today To Extend The Country’s State Of Emergency By Six Months.
- This Move By The Junta Is Likely To Delay The Elections Which It Had Pledged To Hold By August This Year. Acting President Myint Swe Announced The Decision To Prolong The State Of Emergency.
- In Myanmar, The State Of Emergency Was Initially Declared In February 2021, When The Military Ousted The Democratically Elected Government Of Daw Aung San Suu Kyi. Myanmar Has Been In Chaos Since Then.
- Myanmar’s Constitution States That An Emergency Can Be Declared For An Initial Period Of One Year And Can Normally Be Extended For A Maximum Of Two Half-year Terms At The Discretion Of The Military-dominated NDSC.
- However, Junta Chief Min Aung Hlaing In January This Year Declared An Emergency For A Third Time, Breaching The Constitution And Citing An Extraordinary Situation.
- Today’s Extension Is Thus The Second Time That The Junta Has Violated The Charter Regarding The State Of Emergency.
Sri Lanka’s Key Inflation Rate Halves To 6.3% In July
- Sri Lanka’s Key Inflation Rate Nearly Halved To 6.3% In July From 12% Last Month.
- This Is The First Instance Where Inflation Has Dropped To Single Digits In Over A Year Since The Crisis Hit Indian Ocean Island.
- Tight Monetary And Fiscal Policy Measures Are Being Attributed To The Attainment Of Central Bank’s Self-imposed Target Of 6%.
- In Addition, In February This Year, The Government Changed The Base Year Of Inflation In Its Calculation From 2013 To 2021.
- Sri Lanka Had Faced Runaway Inflation Of Up To 70% Recorded Last Year In September.
- With Generous Indian Assistance Of 4 Billion USD, The Island Managed To Stay Afloat While Bringing About Key Policy Changes To Ease The Inflation.
ISRO Injects Chandrayaan-3 Into Translunar Orbit
- Indian Space Research Organisation (ISRO) Has Injected The Chandrayaan-3 Spacecraft Into The Translunar Orbit.
- The National Space Agency Said That The Chandrayaan-3 Has Completed Its Orbits Around The Earth And Is Heading Towards The Moon.
- It Said the Next Stop Will Be The Moon. Prior To This, The Spacecraft’s Orbit Was Systematically Raised In Five Stages Following Its Launch On July 14 As Part Of The Chandrayaan-3 Mission To The Moon.
- ISRO Said It Will Attempt Soft Landing Of The Lander On The Lunar Surface On August 23.
2.67 Lakh Crore Rupees Disbursed Under PM-KISAN
- Agriculture And Farmers Welfare Minister Narendra Singh Tomar Informed The Lok Sabha That More Than 2.67 Lakh Crore Rupees Have Been Disbursed To Over 11 Crore Farmer’s Families Under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) So Far.
- PM-KISAN Is A Central Scheme And Its Aim Is To Provide Financial Assistance To Cultivable Landholding Farmer Families Across The Country.
- Under The Scheme, An Amount Of 6,000 Rupees Is Transferred Annually In Three Equal Instalments Of Two Thousand Rupees.
TRAI, C-DoT Sign MoU For Mechanism Of Cooperation
- Telecom Regulatory Authority Of India, TRAI, And Centre For Development Of Telematics Have Signed MoU To Establish Mechanism Of Technical And Institutional Cooperation In Telecommunications.
- Speaking On The Occasion, Secretary, of the Department Of Telecommunication T K Rajaraman Said, This Collaboration Will Open New Horizons In Policy Research, Regulatory Studies, And Knowledge Dissemination Of Upcoming Technologies In The Telecom And Broadcasting Sectors. It Will Help India Achieve Policy-driven Innovation.
Russian Ballistic Missiles Slam In Zelensky’s Hometown
- Russian Ballistic Missiles Slammed Into An Apartment Complex And A University Building In President Volodymyr Zelensky’s Hometown, Killing Six People And Wounding 75 Others As The Blasts Trapped Residents Beneath Rubble.
- Ukrainian Officials Said, Rescuers Work On A Nine-storey Residential Building Partially Destroyed. One Of The Two Missiles That Hit The Central City Of Kryvyi Rihon Destroyed Part Of An Apartment Building Between The Fourth And Ninth Floors, Interior Minister Ihor Klymenko Said.
- According To Zelensky, The Dead Included A 10-year-old Girl And Her Mother.
India Launched 3 Lakh 5G Sites In 10 Months
- India’s 5G Roll-out Is The Fastest In The World, With Over 3 Lakh 5G Sites Installed In 714 Districts Of The Country Within 10 Months Of The 5G Service Launched On October 1 Last Year.
- The Prime Minister Launched 5g Services On October 1, 2022, And Within 8 Months, 2,00,000 Sites Covering 700 Districts Had Been Installed. The 5G Network Is Now Available In All 28 States And 8 UTs. This Is One Of The World’s Fastest 5G Rollouts.
Daily Current Affairs: REVIEW QUESTIONS
- Which Country Deployed The First 5G Network?
- Japan
- China
- South Korea
- USA
ANSWER: C
- G In 5G Technology Stands For
- Grade
- Generation
- Guide
- Geography
ANSWER: B
- 5G Is Designed To Deliver Peak Data Rates Up To
- 50 Gbps
- 20 Gbps
- 100 Gbps
- 5 Gbps
ANSWER: B
- Where Will Be 5G Used?
- Enhanced Mobile Broadband
- Massive IoT
- Mission Critical Communications
- All The Above
ANSWER: D
- How Is 5G Better Than 4G?
- 5G Is Significantly Faster Than 4G
- 5G Has Significantly Lower Latency Than 4G
- 5G Has More Capacity Than 4G
- All The Above
ANSWER: D
- Challenges For 5G Roll-Out?
- Frequency Band And Availability Of Spectrum Challenges
- Approach For 5G Network Deployment
- Need For Skilled Professionals
- All The Above
ANSWER: D
- Future Possibilities With 5G Are
- Enhanced Connectivity
- Smart Cities And Industry
- Internet Of Things (IoT)
- All The Above
ANSWER: D
- What Are The 5G Security Concerns?
- Lack Of Encryption Early In The Connection Process
- More Bandwidth Will Strain Current Security Monitoring
- Decentralized Security
- All The Above
ANSWER: D
- The First Smartphone Which Supports 5G Is
- Google Pixel 5A
- Samsung Galaxy S20
- iPhone 12
- Redmi Note 14 Pro
ANSWER: B
- In India, The Spectrum Auction Is Done By
- Department Of Telecommunications (DoT)
- Telecom Regulatory Authority Of India (TRAI)
- Bharat Sanchar Nigam Limited (BSNL)
- NITI Aayog
ANSWER: A
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