24 August 2023 : Latest Current Affairs 24th August
Important Current Affairs 24th August 2023
In this article, we will discuss all the Current Affairs of 24th August including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 24th August 2023 current affairs then read this article till the end.
Current Affairs of 24th August – National News
1. Thiruvananthapuram welcomes the opening of Kerala’s first AI school
◉ The first artificial intelligence (AI) school in the state of Kerala is located in Santhigiri Vidyabhavan in Thiruvananthapuram.
◉ Former Indian President Ram Nath Kovind performed the ceremony’s inauguration.
◉ The ground-breaking AI School was created in association with Vedhik eSchool and iLearning Engines (ILE) USA, two well-known educational platforms worldwide.
◉ Authorities from Vedhik eSchool claim that AI schools provide kids with a global standard of education by utilizing a cutting-edge learning strategy that taps into artificial intelligence.
◉ Through the school’s online site, this innovative method guarantees great learning experiences not just during school hours but also outside of them.
2. BOC Aviation of Singapore inks financing agreement with IndiGo To enhance its fleet, BOC Aviation Limited of Singapore and IndiGo, the largest airline in India, have agreed to finance lease a total of ten Airbus A320NEO aircraft.
◉ Delivery of all 10 CFM LEAP-1A-powered aircraft is anticipated for 2023.
◉ These aircraft would aid IndiGo in strengthening its position in the region since India is currently one of the civil aviation markets with the fastest growth rates worldwide.
◉ With a fleet of 652 aircraft that are owned, operated, or on order, BOC Aviation is a top worldwide aircraft operating leasing firm. As of June 30, 2023, its owned and controlled fleet was leased to 91 airlines across 42 nations and regions.
3. In Varanasi, the fourth G20 Culture Working Group (CWG) meeting began.
◉ In Varanasi, the fourth G20 Culture Working Group (CWG) Meeting gets underway. On the 26th of this month, the Culture Ministers’ Meeting (CMM) will serve as its culmination.
◉ It will be attended by delegates from G20 member countries, invitee countries, and numerous international organizations.
◉ The fourth CWG meeting in Varanasi aspires to produce actionable results while placing culture at the center of policy-making, building on the success of the three previous CWG gatherings in Khajuraho, Bhubaneswar, and Hampi as well as the four Global Thematic Webinars.
4. The first Indian EV manufacturer to begin operations in Africa is OneElectric.
◉ One Electric Motorcycle declared that it had begun producing its signature electric motorcycle, the “KRIDN,” right here in Africa.
◉ The business has formed a joint venture with a reputable local automaker.
◉ One Electric has provided all necessary parts, equipment, and expertise for assembling its motorcycles.
◉ As demand soars, One Electric also intends to open a battery production facility in Africa by the end of the current year. The corporation is already in discussions to grow into other markets including South America and Southeast Asia after consolidating in Africa.
5. ‘Namoh 108’, a new lotus variety, was unveiled by Jitendra Singh.
◉ The National Botanical Research Institute (NBRI) of the city, which has introduced the “Namoh 108” lotus flower variety, has created a new variety of lotus flowers with 108 petals.
◉ The “NBRI Namoh 108” lotus variety is the first flower whose entire genome has been sequenced for its characteristics, and it blooms from March to December.
◉ A member of the Council for Scientific and Industrial Research (CSIR), NBRI conducts research.
Singh also unveiled clothing made from lotus fiber and the fragrance “Frotus,” which was created by the NBRI under the Lotus Research Programme in conjunction with the Fragrance and Flavour Development Center, Kannauj, and is derived from lotus flowers.
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International News
6. Six nations will join BRICS on January 1, 2024.
◉ The BRICS alliance has announced the addition of six new members in a significant geopolitical move.
◉ These nations, which will join Brazil, Russia, China, India, and South Africa, are Egypt, Ethiopia, Iran, Argentina, the United Arab Emirates, and Saudi Arabia. The membership will start on January 1st, 2024.
◉ On August 24, South Africa’s President Cyril Ramaphosa made history by announcing the names of the new members of the BRICS alliance. South Africa served as the host country for the recent BRICS meeting.
◉ This action not only diversifies the alliance but also gives emerging economies from other areas a forum to unite their objectives on the international front.
Banking
7. Through a RIL demerger procedure, LIC buys a 6.7% interest in Jio Financial Services.
◉ Due to Reliance Industries’ de-merger action, the Life Insurance Corporation of India has acquired a 660 percent ownership in Jio Financial Services.
◉ On July 13, Jio Financial and Reliance Industries separated, and as part of that process, each RIL shareholder received one share of Jio Financial.
◉ The acquisition cost is equal to 4.68 percent of Reliance Industries’ pre-de-merger cost. By the end of June 2023, the largest insurer in the nation owned 6.49 percent of RIL.
8. With Qatar Airways, IndusInd Bank introduced a multi-branded credit card.
◉ In cooperation with British Airways Executive Club and Qatar Airways Privilege Club, IndusInd Bank has introduced a first-of-its-kind multi-branded credit card for all customers called the “IndusInd Bank Avios Visa Infinite Credit Card.”
◉ With regards to travel, wellness, and lifestyle experiences, this credit card seeks to provide clients with rewards and advantages that are best in class.
◉ The card comes in a stylish “metal card” variation that is designed to satisfy the requirements of our devoted consumers.
Appointment
9. Designated Smart eMobility’s chairman is Manoj Kohli
◉ The new chairman of Smart eMobility is Manoj Kohli.
◉ Manoj Kohli is a highly experienced businessperson with a solid track record who most recently served as Country Head at SoftBank India.
◉ He is interested in advancing industry revolutions in a variety of sectors, including electric vehicles, mobile internet, renewable energy, and digital unicorns.
◉ Providing comprehensive platforms and end-to-end solutions for participants in the electric vehicle (EV) ecosystem, Smart eMobility is a rapidly expanding PaaS provider.
Sports
10. Asmita Women’s League will now be the official name of Khelo India Women’s League.
◉ Anurag Singh Thakur, the Union Minister for Youth Affairs and Sports, has declared that the Khelo India Women’s League will now be called as Asmita Women’s League.
◉ Achieving Sports Milestones by Inspiring Women Through Action is referred to as ASMITA.
◉ The Asmita Portal is a thorough resource that, among other things, provides insightful information on upcoming leagues. Any school, college, public agency, or for-profit business will be able to host the “Asmita Women’s League” and take part in Khelo India’s march toward sporting excellence.
Science
11. India is the first nation to set foot on the South Pole of the Moon.
◉ With the successful soft landing of Chandrayaan-3, an Indian lunar mission, near the Moon’s south pole, history has been written.
◉ India has accomplished the difficult task of landing on the Moon’s South Pole, making it the first nation to do so.
◉ India’s third lunar mission, Chandrayaan-3, is designed to investigate the Moon’s geology, water supply, and possibilities for further human exploration.
◉ With this accomplishment, India joins a select club of only four countries that have made contact with the moon. The only nations other than India to successfully land a spacecraft on the moon’s surface are the United States, Russia, and China.
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