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Daily Current Affairs 11th January 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 11th January2024. It includes all Major National, International, Business and Sports related current affairs of 11th January2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 11th January2024 Current affairs test.

 

CURRENT AFFAIRS: BANKING & FINANCE

1. India Witnesses a Significant Surge in Forex Reserves, Reaching a 21-Month High

  • India’s forex reserves have soared to their highest in 21 months.
  • The reserves saw an increase of $2.759 billion, totaling $623.20 billion as of December 29, 2023.
  • Since March end 2023, there’s been an overall rise in forex reserves amounting to $44.751 billion.

CURRENT AFFAIRS: NATIONAL NEWS

2. Startup India Innovation Week 2024 Hosted by DPIIT

  • The Department for Promotion of Industry and Internal Trade (DPIIT) hosts Startup India Innovation Week 2024 from January 10th, uniting startups, entrepreneurs, investors, and policymakers.
  • Launched on January 16, 2016, by Prime Minister Narendra Modi, the Startup India initiative aims to foster an environment conducive to innovation and startup growth.

3. LPAI Publishes a Report on Gender-Inclusive Framework for India’s Cross-Border Trade

  • The Land Ports Authority of India (LPAI) in New Delhi releases a report titled ‘Engendering Land Ports in India’.
  • The report aims to create a gender-inclusive framework for cross-border trade and tourism.
  • LPAI Chairman Aditya Mishra leads the initiative.

4. Shri Nitin Gadkari Unveils and Commences 29 Highway Projects in Punjab

  • Union Minister for Road Transport & Highways, Shri Nitin Gadkari, inaugurates 29 National Highway projects in Hoshiarpur, Punjab, with an investment exceeding Rs 4,000 crore.

5. PM Modi to Inaugurate the 27th National Youth Festival in Nashik

  • Prime Minister Shri Narendra Modi is set to inaugurate the 27th National Youth Festival in Nashik, Maharashtra, on January 12th.
  • The event, celebrating National Youth Day, will involve various government departments and youth organizations nationwide.

6. Great Nicobar Trans-shipment Hub’s First Phase Estimated at ₹18,000 Crore

  • The initial phase of the Galathea Bay port in Great Nicobar Island is projected to cost ₹18,000 crore.
  • With a capacity of 4 million TEUs and a deep draft over 20 meters, the project’s total cost is estimated at ₹43,000 crore.
  • The port, developed through public-private partnership, focuses on international container trans-shipment.

7. ITC Collaborates with Microsoft and Skymet for Tobacco Farmers’ Climate Resilience

  • ITC partners with Microsoft and Skymet to support Indian tobacco farmers against climate change.
  • The collaboration involves a comprehensive program addressing climate-related challenges.

CURRENT AFFAIRS: STATE NEWS

8. Assam Government Launches ‘Gunotsav 2024’ for Comprehensive Student Assessment

  • The Assam Government initiates ‘Gunotsav 2024’ for a detailed assessment of approximately 40 lakh students across 43,498 government schools in 35 districts.

9. Mayurbhanj’s Red Ant Chutney from Odisha Receives GI Tag

  • The red ant chutney, a tribal delicacy from Mayurbhanj, Odisha, secures a Geographical Indication (GI) tag.
  • Known for its healing properties and nutritional value, this chutney sustains around 500 tribal families.
  • The GI tag, an Intellectual Property Right for products with a specific geographical origin, is valid for 10 years.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

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10. P Santhosh Appointed as MD & CEO of National Asset Reconstruction Company Limited

  • P Santhosh, previously Chief General Manager at Canara Bank, now leads National Asset Reconstruction Company Limited (NARCL) as MD and CEO.

11. Raghuram Iyer Takes Charge as CEO of Indian Olympic Association

  • RaghuramIyer, former Rajasthan Royals official, is appointed CEO of the Indian Olympic Association (IOA).
  • Iyer’s appointment comes after multiple reminders from the IOC, filling the role previously overseen by AIFF president Kalyan Chaubey.

12. Nadia Calviño Becomes First Woman President of European Investment Bank (EIB)

  • Nadia Calviño assumes the presidency of the European Investment Bank (EIB), succeeding Werner Hoyer.
  • Founded in 1958 and based in Luxembourg, EIB is the EU’s primary investment bank.

CURRENT AFFAIRS: DEFENCE NEWS

13. Indian Navy Introduces Admirals’ Epaulettes Inspired by Chhatrapati Shivaji Maharaj

  • The Indian Navy reveals a new design for Admirals’ epaulettes, inspired by Chhatrapati Shivaji Maharaj.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

14. SpaceX Launches Starlink Satellites with Phone Signal Capability

  • SpaceX, led by Elon Musk, launches 21 Starlink satellites, including the first with direct-to-cell capabilities, aboard the Falcon 9 from California.

CURRENT AFFAIRS: IMPORTANT DAYS

15. National Human Trafficking Awareness Day 2024 Observed on January 11

  • January 11, 2024, marks National Human Trafficking Awareness Day, continuing the battle against human trafficking.

16. Remembering Lal Bahadur Shastri on His Death Anniversary

  • January 11, 2024, commemorates the death anniversary of Lal Bahadur Shastri, India’s second Prime Minister.
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