17 December 2023 : Latest Current Affairs 17th December
Important Current Affairs 17th December 2023
In this article, we will discuss all the Current Affairs of 17th December including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 17th December 2023 current affairs then read this article till the end.
Current Affairs of 17th December – National News
1. Parliament Approves The Central Tribal University of Sammakka Sarakka Within Telangana
◉ The Sammakka Sarakka Central Tribal University in Telangana has received approval from the Indian Parliament. The Central Universities (Amendment) Bill, 2023, which was earlier approved by the Lok Sabha, is the result of this approval. It was passed through the Rajya Sabha with success.
◉ This action is a major step toward creating inclusive learning settings and offering high-quality education in tribal areas. Minister Pradhan underlined the ongoing initiatives to improve the nation’s higher education system and guarantee that students from all backgrounds have access to high-quality educational opportunities.
2. Telangana To Decentralize Development Into Three Zones, Says Tamilisai Soundararajan
◉ Telangana has been strategically divided into three zones, with Hyderabad serving as the central center for this ground-breaking project, as revealed by Governor Tamilisai Soundararajan.
◉ The first zone will cover the metropolis inside the Outer Ring Road (ORR), the second zone will stretch from the ORR to the proposed Regional Ring Road (RRR), and the third zone will cover places outside of the RRR, according to Governor Tamilisai Soundararajan. By distributing development efforts equitably, this zoning strategy seeks to guarantee comprehensive growth throughout the entire state.
◉ Hyderabad, the capital of the state, is essential to the decentralization effort. Governor Tamilisai emphasized its twin importance as a central administrative location and a vital source of funding.
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International News
3. UK Government Examines Social Media Restrictions for Children Under 16
◉ Even with the recent passage of the Online Safety Act, the UK government—headed by Prime Minister Rishi Sunak—is considering taking further steps to shield minors under 16 from the risks they face when using the internet.
◉ An important first step in guaranteeing children’s online safety was the passage of the Online Safety Act, a historic piece of law requiring social media companies to protect kids from hazardous content or risk paying hefty fines.
◉ The government intends to launch a consultation to look into the dangers kids encounter when using social media in the upcoming year. Official pronouncements emphasize that rather than enforcing stringent laws, the focus should be on enabling parents to guide their children through their internet experiences.
Banking
4. Five Cooperative Banks Are Fined by RBI
◉ Five cooperative banks were recently the target of severe action from the Reserve Bank of India (RBI), which levied financial fines for noncompliance with regulations. The RBI was empowered to apply the fines by specific sections of the Banking Regulation Act of 1949.
◉ The Patan Urban Co-operative Bank Ltd., Indapur Urban Co-operative Bank Ltd., Janakalyan Sahakari Bank Ltd., Pune Merchants Co-operative Bank Ltd., and Pune Municipal Corporation Servant’s Co-operative Urban Bank Ltd. are some of these cooperative banks.
◉ The RBI made it clear that these financial penalties were only applied in cases of non-compliance with regulations and were not meant to be interpreted as a verdict on the legality of any agreements or transactions that the banks had with their clients.
5. Increase In Advances And Deposits To More Than ₹2 Lakh Cr For Scheduled Banks Everybody
◉ According to the Reserve Bank of India’s (RBI) Scheduled Banks’ Statement of Position in India, all scheduled banks had a notable increase in deposits and advances in the December 1 fortnight, with each surpassing ₹2-lakh crore.
◉ The growth is ascribed to robust festival demand, especially in cities, which is being driven by high demand for mid and premium-class consumer appliances. Approximately 80% of consumer durable purchases made use of alluring consumer financing plans that offered comparable monthly installment (EMI) terms. Demand in the entry-level market stayed somewhat muted.
Awards
6. Miss India USA 2023 was won by Rijul Maini.
◉ New Jersey hosted the yearly Miss India USA 2023 contest. In its forty-first year, the pageant had competitors from more than twenty-five states competing in three divisions: Miss India USA, Mrs. India USA, and Miss Teen India USA.
◉ Aspiring surgeon and medical student Rijul Maini won the esteemed title of Miss India USA 2023. Maini, a Michigan native, wants to be a role model for women by exemplifying grace, ambition, and intelligence.
◉ As Mrs. India USA, Sneha Nambiar of Massachusetts demonstrated the range of abilities and successes among married Indian-American women.
Science
7. Bhavish Aggarwal of Ola Reveals “Made For India” AI Krutrim
◉ Bhavish Aggrawal, a co-founder of Ola, launched Krutrim SI Designs, a new artificial intelligence company, with a family of multilingual AI models designed to meet the unique needs of the Indian ecosystem.
◉ There are two sizes available for Krutrim, which is Sanskrit for “artificial.” With an astounding 2 trillion tokens and distinct datasets, the base model, Krutrim, is trained. Next quarter, Krutrim Pro, its larger version, will be released. It has sophisticated problem-solving and task-execution capabilities.
◉ An innovative artificial intelligence model called Krutrim can comprehend and produce content in 22 Indian languages. The model stands out for its wide linguistic understanding because its training data contains over two trillion tokens for Indian languages.
Defence
8. India Completes Flight Testing of Its Own High-Speed Flying-Wing UAV with Success
◉ The Defense Ministry declared on Friday that the autonomous flying wing technology demonstrator—an indigenous, high-speed flying-wing Unmanned Aerial Vehicle (UAV)—had completed a flight test in Chitradurga, Karnataka.
◉ With this accomplishment, India demonstrates a noteworthy improvement in the country’s technological preparedness levels and joins an exclusive group of nations that have mastered the controls for flying wing technology.
◉ The DRDO’s Aeronautical Development Establishment created and developed the UAV, which represents a major advancement in India’s aerospace capabilities. Defence Minister Rajnath Singh highlighted the need to bolster the armed forces through domestic development of vital technologies while praising the DRDO, the military, and the industry for the successful flight testing.
Sports
9. Likely To Launch A T10 League Similar To The IPL By 2024
◉ A T10 format cricket league is being considered by the Board of Control for Cricket in India (BCCI), with a September–October 2024 launch window being targeted.
◉ This action is in line with the rising interest in and value of cricket leagues, especially the Indian Premier League (IPL), which was just valued at about $10.7 billion, making it a decacorn league.
◉ The framework for the proposed T10 league is still in the early planning phases, overseen by BCCI Secretary Jay Shah. The initiative has received positive feedback from stakeholders and possible sponsors, even if it is still in its formative phase.
Important Day
10. 2023’s Vijay Diwas
◉ Every year on December 16, Vijay Diwas is celebrated as a tribute to the bravery and selflessness of the Indian armed forces in the 1971 war against Pakistan. This day is very important in history since it represents India’s decisive win that led to the formation of Bangladesh.
◉ India commemorates the historic day of Vijay Diwas when General Niazi and 93,000 soldiers submitted to the Indian Army and the Bangladeshi Mukti Bahini. This capitulation, which is regarded as one of the biggest military capitulations since World War II, represents India’s victory over hardship.
◉ On Vijay Diwas, we honor and reflect on the sacrifices made by the Indian armed services.
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