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Daily Current Affairs 24th February 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 24th February 2023. It includes all Major National, International, Business and Sports related current affairs of 24th February 2023. 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 24th February 2023 Current affairs test.


National & International Appointments

1. Nomination of Ajay Banga to Head World Bank

  • US President, Joe Biden, has nominated Ajay Banga, the former CEO of Mastercard, for the role of the President of the World Bank.
  • David Malpass, the current World Bank President, is set to vacate his position in June, prior to his tenure’s scheduled completion in April 2024.
  • Ajay Banga’s nomination recognizes his expertise in tackling global challenges, especially concerning climate change.
  • He presently serves as the Vice Chairman at the private equity company, General Atlantic.
  • Remarkably, if the nomination receives approval, Banga would be the first Indian-born individual to assume this prestigious position.

National News

2. Churchgate Station Renaming in Honor of RBI’s First Governor

  • Mumbai’s Churchgate railway station will soon be renamed ‘Chintamanrao Deshmukh station’, paying tribute to Chintaman Dwarkanath Deshmukh, the first Governor of the Reserve Bank of India (RBI).
  • This renaming decision was concluded during the initial national executive session of the Eknath Shinde-led Shiv Sena segment, which the Election Commission acknowledges as the authentic Shiv Sena.
  • Chintaman Dwarkanath Deshmukh commenced his role as the RBI Governor in February 1943, holding the position until 1949.

3. The 7th Annual Defence Dialogue: India & Sri Lanka

  • The 7th Annual Defence Dialogue between India and Sri Lanka was recently organized in New Delhi.
  • Chaired by Defence Secretary, Giridhar Armane, and his Sri Lankan peer, General Kamal Gunaratne, the event underlines its significance in directing the future trajectory of connections between the two countries’ Armed Forces.
  • The discourse encompassed an evaluation of the ongoing defense collaboration undertakings shared by both nations.

International News

4. Bhutan Welcomes Its First Digital Citizen: 7-Year-Old Prince

  • Prince Jigme Namgyel Wangchuck, at seven years of age, has been designated as Bhutan’s premier digital citizen.
  • He was bestowed with the National Digital Identity (NDI) mobile wallet, signifying a monumental phase in Bhutan’s transition towards a Self-Sovereign Identity framework for digital identities.
  • Directed by GovTech, this project is tailored to offer citizens with secure and authenticated digital identities, thus refining service provision across public and private sectors.
  • The Bhutan NDI leverages avant-garde technology to assure the security and authentication of personal data.


5. MoU Between Abu Dhabi Defence Firm and India’s HAL

  • At the International Defence Exhibition and Conference (IDEX), EDGE, a leading UAE defense organization, formalized a Memorandum of Understanding (MoU) with Hindustan Aeronautics Limited (HAL), an Indian aerospace conglomerate.
  • The MoU aims to foster collaboration across various domains, inclusive of the joint design and evolution of missile systems and unmanned aerial vehicles (drones).
  • The partnership also seeks to investigate the potential integration of HAL’s diminutive gas turbine engines within EDGE’s guided weaponry.

Important Day

6. Observance of Central Excise Day on 24th February

  • Annually, on February 24, India commemorates Central Excise Day to celebrate the inception of the Central Board of Excise and Customs (CBEC).
  • The day lauds the unwavering commitment of Central Excise and Customs officers, pivotal in fortifying the national economy.
  • This occasion also venerates the Central Excise Act, which was promulgated on February 24, 1944, playing an indispensable role in managing excise duties across the nation.
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