Daily Current Affairs 1st December, 2023

Daily Current Affairs 1st December 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 1st December2023. It includes all Major National, International, Business and Sports related current affairs of 1st December2023. 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 1st December2023 Current affairs test.

National News

1. Bharat Coking Coal Ltd Launches Madhuband Washery

Bharat Coking Coal Limited (BCCL) has commenced commercial operations at its 5.0 MTPA Madhuband Washery.
Union Minister of Coal, Mines, and Parliamentary Affairs, Shri Pralhad Joshi, inaugurated the facility.
The Washery aims to reduce import reliance by providing consistent quality washed coking coal to the steel industry.
It focuses on resource efficiency and sustainability in coal mining through advanced washing techniques.

2. Urban Affairs Ministry’s Data Initiative Amplifi 2.0

The Union Ministry of Housing and Urban Affairs launched Amplifi 2.0 to centralize and organize data from Indian cities.
The portal supports researchers, academics, policymakers, and stakeholders in urban development.
Amplifi 2.0 will cover data from over 4,000 Urban Local Bodies on various aspects like diesel consumption, water quality, healthcare costs, and more.

3. Amit Shah Approves Joshimath’s Recovery Plan

Union Home Minister Amit Shah approved a ₹1,658.17 crore recovery plan for Joshimath, Uttarakhand.
The funding includes contributions from the National Disaster Response Fund (NDRF), the state budget, and the State Disaster Response Fund (SDRF).

4. Launch of Blod+: India’s OnDemand Blood Platform

Blod.in introduced Blod+, a healthcare logistics and software platform to address blood waste in medical facilities.
The platform aims to ensure steady blood supply to hospitals and reduce waste, cutting down average blood sourcing time significantly.

State News

5. 61st Anniversary of Nagaland’s Statehood

Nagaland celebrated its 61st Statehood Day on December 1, 2023.
Chief Minister Neiphiu Rio introduced the Nagaland School Safety Policy Digital Training Platform and the Nagaland Disaster Risk Reduction Road Map.
The celebration included a photo exhibition showcasing the state’s history, diversity, and culture.

Defence News

6. Indian Navy Launches AntiSubmarine Warfare Ships

The Cochin Shipyard launched the first three of eight AntiSubmarine Warfare shallow water craft for the Indian Navy.
The vessels, INS Mahe, INS Malva, and INS Mangrol, are equipped for sonar operations and longduration missions.

7. India Plans to Acquire New Aircraft Carrier

India intends to purchase a $5 billion aircraft carrier to enhance its naval capabilities against China’s presence in the Indian Ocean.
The Defense Acquisition Council is expected to approve this acquisition, which will house at least 28 aircraft.

Economy News

8. Cabinet Approves Terms for 16th Finance Commission

The Union Cabinet sanctioned terms for the Sixteenth Finance Commission (SFC), due to submit a report by October 31, 2025, for a period starting April 1, 2026.
The terms include provisions for disaster management funding and address tax proceeds, grantsinaid, and local government resources.

9. India’s GDP Growth Exceeds Projections

India’s GDP grew by 7.6% in the JulySeptember quarter of FY 202324, outperforming projections and solidifying its status as a fastgrowing major economy.
Mining, construction, and manufacturing sectors, along with significant government spending, drove this growth.

10. Core Industry Output Rise in October 2023

The Index of Eight Core Industries witnessed a 12.1% growth in October 2023 compared to the previous year.
This growth spanned major sectors, contributing to the Index of Industrial Production.

11. India’s Fiscal Deficit Reaches 45% of FY24 Target

In the first seven months of FY 202324, India’s fiscal deficit reached 45% of the annual target of Rs 17.87 trillion.
The deficit stood at Rs 8.04 trillion, highlighting the importance of fiscal planning in economic stability.

12. Foxconn’s $1.5 Billion Investment in India

Foxconn Technology announced an investment of over $1.5 billion in India through its subsidiary Hon Hai Technology India Mega Development.
This investment signifies a key move in India’s tech sector and marks a significant shift away from China.

Banking News

1. RBI Imposes Penalties on HDFC Bank and Bank of America

The Reserve Bank of India fined HDFC Bank Ltd and Bank of America, N.A. for noncompliance with specific guidelines.
Bank of America was fined for not adhering to FEMA 1999’s liberalized remittance scheme reporting requirements.

2. World AIDS Day 2023 Observed

World AIDS Day 2023, observed on December 1, focused on communityled initiatives for HIV awareness and prevention.
The day honors those affected by AIDSrelated illnesses and promotes HIV awareness.

Schemes News

3. Inauguration of 10,000th Jan Aushadhi Kendra at AIIMS Deoghar

Prime Minister Narendra Modi inaugurated the 10,000th Jan Aushadhi Kendra at AIIMS, Deoghar.
The event also unveiled the Pradhan Mantri Mahila Kisan Drone Kendra for healthcare and agricultural prosperity.

Awards News

4. Odisha Pavilion Wins Award at IITF 2023

The Odisha Pavilion received the gold medal for “Excellence in Display” at the India International Trade Fair (IITF 2023).
It was recognized for focusing on women’s economic empowerment and tribal artwork.

5. HDFC Life’s Guinness World Record with ‘Insure India’

HDFC Life set a Guinness World Record with its ‘Insure India’ campaign by assembling the largest online selfie mosaic.
The campaign aimed to increase awareness and acceptance of life insurance in India.

6. French Honors for Writer Arshia Sattar

Writer and translator Arshia Sattar was awarded the Knight of the Order of Arts and Letters by the French government.
The award recognizes her contributions to Indian mythology and literature.

7. Suganthy Sundararaj Receives PRSI National Award

Suganthy Sundararaj, regional head of public relations at Apollo Hospitals, was honored with the PRSI National Award for her contributions to healthcare PR.

8. NTPC Bongaigaon’s Awards at Greentech Environment Award 2023