Daily Current Affairs January 13

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs January 13. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

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January 13| Daily Current Affairs 2023

Important Days – Daily Current Affairs January 13

1. National Commission for Protection of Child Rights celebrated its 18th Foundation Day on____________?
A) January 11th
B) January 12th
C) January 13th
D) January 14th
E) None of these
Answer: B) January 12th

• National Commission for Protection of Child Rights is celebrating its 18th Foundation Day.
• To fully dedicate this occasion to the children, a Quiz was launched by the Commission on the occasion of National Youth Day (Swami Vivekananda Jayanti) on 12th January, 2023 to create awareness among children about child rights and make Child Rights champions through this Quiz.
• Wide participation of children has been invited from school students, children living in hostels, children living in Child Care Institutions (CCIs) and street children across the country through online and offline mode to participate in the quiz.
• It is a platform to empower children for their rights, where the quiz covers all the topics that are very important for children to know.

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2. Lohri Festival is observed on______________?
A) January 11th
B) January 12th
C) January 13th
D) January 14th
E) None of these
Answer: C) January 13th

• DAY : Lohri Festival
• DATE : 13th January 2023
• OTHERS : This day marks the harvest festival in the Indian states of Punjab and Haryana.

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Obituary – Daily Current Affairs January 13

3. PM Modi condoled death of ______________ who was aveteran politician and founder-member of Bihar’s ruling Janata Dal-United?
A) Ravi Shankar Prasad
B) Sharad Yadav
C) Kapil Sibal
D) Dayanidhi Maran
E) None of these
Answer: B) Sharad Yadav

• Prime Minister Narendra Modi expressed condolences over the demise of veteran politician and founder-member of Bihar’s ruling Janata Dal-United (JD-U) Sharad Yadav.
• Taking to Twitter, PM Modi said, “Pained by the passing away of Shri Sharad Yadav Ji. In his long years in public life, he distinguished himself as MP and Minister.
• He was greatly inspired by Dr Lohia’s ideals.
• I will always cherish our interactions. Condolences to his family and admirers. Om Shanti.”

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Banking and Finance – Daily Current Affairs January 13

4. Which of the following bank sanctioned 150 agri drone loans for Garuda Kisan drones?
A) Union Bank of India
B) Indian Bank
C) UCO Bank
D) Canara Bank
E) None of these
Answer: A) Union Bank of India

• India’s leading drone startup Garuda Aerospace has announced its partnership with the Union Bank of India (UBI).
• Under the partnership, about 150 Garuda Agri Kisan drones have received sanction for drone loans under the Kisan Pushpak Scheme.
• The drone loan will help farmers to digitise land record operations for crop production, spraying of fertilisers, chemicals, growth promotors, pesticides, etc., with the help of drones.
• The partnership will be useful for lead generation, customer acquisition, sourcing of applications, and due diligence of customers for credit deployment.
• Garuda Kisan drone is the first to receive the Agri drone loan in July 2022 from Union Minister of Agriculture and farmer welfare Narendra Singh Tomar.
• Agri Infra Fund (AIF) has about 1 lakh crore out of which 1,000 crores have been allocated to drones.

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5. Who among the following allowed mutual funds with active ELSS to launch passive schemes?
A) RBI
B) SEBI
C) IRDAI
D) SIDBI
E) None of these
Answer: B) SEBI

• Capital markets regulator Sebi has allowed mutual funds with active Equity-Linked Savings Schemes (ELSS) to launch passive schemes, a move that will provide a cost-effective and tax-saving alternative to individual investors.
• Earlier, mutual funds were allowed to either launch an actively-managed ELSS scheme or a passively-managed one but not in both categories.
• In a communication to asset management companies (AMCs), Sebi said, ”Mutual funds having existing actively managed open-ended ELSS scheme may launch passively managed open-ended ELSS schemes after stopping fresh inflows/ subscription to existing actively managed open-ended ELSS scheme”.
• The regulator has also specified the procedure for launching a passive ELSS scheme by a mutual fund house, which already has an actively-managed ELSS scheme.

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6. Ind-Ra upgraded issuer rating for which of the following bank, cites capital position?
A) Union Bank of India
B) Indian Bank
C) Bank of India
D) Canara Bank
E) None of these
Answer: C) Bank of India

• India Ratings and Research (Ind-Ra) has upgraded Bank of India’s (BoI) long-term issuer rating from “AA” from “AA+”, reflecting the state-owned lender’s capital position and operating buffer.
• The outlook is stable, said Ind-Ra in a statement.
• BoI, since FY21, has reported consistent profitability which, along with timely capital raise, has largely led to an improvement in its Common Equity Tier 1 to 12.97 per cent at end-2QFY23.
• This has resulted in a total capital adequacy ratio (CAR) of 15.51 per cent and both CET1 and CAR compare favorably with peer banks.
• The rating action considered the BoI’s ability to absorb the impact of any expected or unexpected credit costs.
• BoI’s provision cover is improving without any significant deterioration in its credit profile and market position.

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7. ESAF SFB hiked FD rates up to ________% on 999 days of tenor?
A) 8%
B) 9%
C) 7%
D) 6%
E) None of these
Answer: A) 8%

• ESAF Small Finance Bank (SFB) has hiked interest rates on fixed deposits of less than ₹2 Cr.
• As per the official website of the bank, the new rates are effective as of 12/01/2023.
• Following the revision, the bank is currently offering interest rates on deposits maturing in 7 days to 10 years that range from 4.00% to 5.25% for the general public and 4.50% to 5.75% for senior citizens.
• ESAF SFB is now giving a maximum return of 8.00% for the general public and 8.50% for senior citizens on a deposit tenor of 999 days (2 years 8 months & 25 days).

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Business and Economy – Daily Current Affairs January 13

8. Govt get in-principle nod from _________for listing NMDC Steel?
A) NSE
B) BSE
C) RBI
D) SIDBI
E) None of these
Answer: B) BSE

• The government said it received in-principle approval from the BSE on December 30, 2022, for listing of NMDC Steel Ltd (NSL).
• Currently, the government holds a 60.79 per cent stake in NSL, which is the steel manufacturing facility of India’s largest iron ore producer NMDC located in Nagarnar, Chhattisgarh.
• NSL is up for privatisation with the government looking to sell 50.79 per cent of its shareholding, along with management control.
• The last date for putting in preliminary bids or Expression of Interest (EoI) is January 27.
• In response to pre-bid queries received from interested bidders, the Department of Investment and Public Asset Management (DIPAM) said the Ministry of Corporate Affairs on October 6, 2022, approved the demerger of the steel manufacturing unit at Nagarnar from NMDC.
• The demerged entity would be NMDC Steel Ltd (NSL).

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Appointments – Daily Current Affairs January 13

9. Cognizant appointed whom as CEO?
A) Sudipta Bhattacharya
B) Ajay Srinivasan
C) Campbell Wilson
D) S Ravi Kumar
E) None of these
Answer: D) S Ravi Kumar

• Cognizant named former Infosys President S Ravi Kumar as CEO and a member of the Board, effective immediately.
• He succeeds Brian Humphries in both roles.
• To facilitate a smooth transition, Humphries will remain with the company as a special advisor until March 15, 2023, the company said .
• Kumar joins Cognizant after a 20-year career at Infosys, where he held various leadership roles, most recently serving as President from January 2016 to October 2022.

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Awards – Daily Current Affairs January 13

10. India Honoured Best Agripreneurs with Awards on ______________?
A) National Youth Day
B) National Science Day
C) International Labour Day
D) National Girl Day
E) None of these
Answer: A) National Youth Day

• Vivekananda Jayanti, was celebrated in New Delhi in a befitting manner by giving National Awards to 82 best Agripreneurs who were trained under the Central Sector Scheme – Agri-Clinics and Agri-Business (AC&ABC) of Govt. of India for their significant contribution to farmers through agri-clinic and agribusiness services.
• Besides, 8 Nodal Training Institutes (NTIs) who impart AC&ABC training efficiently also received Awards for their best training, handholding and facilitation activities.
• The AC&ABC Scheme is being implemented by National Institute of Agricultural Extension Management (MANAGE), Hyderabad in different states in the country with a network of 136 Nodal Training Institutes (NTIs) spread across all the states.
• For more information, please visit: www.agriclinics.net

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Science and Technology – Daily Current Affairs January 13

11. India’s first solar car debuts at Auto Expo 2023 in ____________?
A) Varanasi
B) Chennai
C) Noida
D) Bengaluru
E) None of these
Answer: C) Noida

• The 16th edition of the Auto Expo in Greater Noida, Uttar Pradesh, introduced India’s first ‘solar car’ Eva.
• Developed by the Pune-based EV startup, Vayve Mobility, Eva targets urban commuters with a 2+1 seating capacity.
• Eva is a battery-driven single door car that looks familiar to the Tata Nano.
• Interestingly, riders can opt for a solar roof panel which can be fitted on top of the car.
• The solar roof helps in charging while the car is kept isolated in the open.
• The solar roof will be sold separately.

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International Affairs – Daily Current Affairs January 13

12. Jaishankar congratulated whom on becoming COP 28 President?
A) UAE
B) USA
C) UK
D) China
E) None of these
Answer: A) UAE

• External Affairs Minister S Jaishankar congratulated UAE Minister Sultan Ahmed Al Jaber on being appointed as the President-designate for the 28th Conference of the Parties (COP28).
• Al Jaber’s appointment came under the directive of President Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential court, especially at a time when the world is dealing with difficulties related to energy, food, and water security.

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13. Which edition of ministerial-level meeting of the India-United States Trade Policy Forum (TPF) in Washington, DC?
A) 13th
B) 14th
C) 15th
D) 16th
E) None of these
Answer: A) 13th

• Union Minister of Commerce and Industry Shri Piyush Goyal visited Washington D.C. between 10-11 January 2023 to participate in the 13th Ministerial Meeting of the India-U.S. Trade Policy Forum.
• Before the delegation level talks, CIM also held a one to one meeting with USTR Ambassador Katherine Tai.
• The Ministers underlined the significance of the TPF in forging robust bilateral trade ties and enhancing the bilateral economic relationship to benefit working people in both countries.
• Highlights of the 13th India – USA TPF 2023 discussions are as follows: https://pib.gov.in/PressReleasePage.aspx?PRID=1890613

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National Affairs – Daily Current Affairs January 13

14. Who among the following inaugurated Tent City in Varanasi?
A) Mansukh Mandaviya
B) Narendra Modi
C) Rajnath Singh
D) Piyush Goyal
E) None of these
Answer: B) Narendra Modi

• Prime Minister Narendra Modi inaugurated the Tent City in Varanasi and also laid foundation stones for several inland waterways projects worth more than Rs 1,000 crore.
• The Tent City, developed on the banks of the Ganga opposite the famed ghats of the holy city, aims to tap the tourism potential of the region.
• Developed by the Varanasi Development Authority in public-private partnership mode, the Tent City will provide accommodation facilities to tourists along with live classical music and yoga sessions among others.
• Tourists can reach Tent City by boats from different ghats of Varanasi.
• It will be operational from October to June and will be dismantled for three months due to the rise in river water level in the rainy season.

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15. Who among the following unveiled Surakshit Safar initiative, aim to reduce accidents by 50%?
A) Mansukh Mandaviya
B) Nitin Gadkari
C) Rajnath Singh
D) Piyush Goyal
E) None of these
Answer: B) Nitin Gadkari

• Union Minister of Road Transport and Highways Nitin Gadkari unveiled ‘Surakshit Safar’, an initiative by the Society of Indian Automobile Manufacturers (SIAM) in association with Rosmerta Technologies Limited.
• The end-to-end mobility solutions showcased in the Surakshit Safar pavilion by Rosmerta varied from production and commercial stage to eco-friendly scrapping.
• Credited to launch the very first Automated Testing Centre (ATS) in India, Rosmerta staged the established ATS model on the floor showcasing an automated inspection design integrating the test equipment as a holistic digital road safety solution along with specialized vehicle test lane management software for vehicle fitness certification, without human intervention.
• This model is already executed in 9 states.

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