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Daily Current Affairs 27th April 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 27th April 2023. It includes all Major National, International, Business and Sports related current affairs of 27th April 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 27th April 2023 Current affairs test.


International News

1. India’s Military Expenditure in 2022

  • In 2022, India became the fourth-largest global military spender. A study by the Stockholm International Peace Research Institute (SIPRI) revealed an approximate 6% increase in the nation’s defense budget from 2021.
  • About a quarter of this budget was channeled towards equipment and infrastructure due to ongoing border tensions with China. Salaries and pensions also consumed a significant portion.
  • With a defense budget of $81.4 billion, there was a surge of 47% compared to 2013 figures. The top five global spenders—U.S. (39%), China (13%), Russia (3.9%), India (3.6%), and Saudi Arabia (3.3%)—made up 63% of 2022’s worldwide military expenses. Overall, global defense spending increased by 3.7% in 2022, reaching $2,240 billion.

Domestic News

2. National Medical Devices Policy 2023

  • The Indian government approved the 2023 National Medical Devices Policy, aiming to reduce the country’s dependency on medical imports significantly.
  • Under this policy, the Medical Devices Sector is predicted to grow from $11 billion currently to $50 billion within the next five years, emphasizing sector growth, accessibility, affordability, and innovation.
  • Furthermore, approval for the establishment of 157 nursing colleges has been granted.

Appointments & Resignations

3. Bangladesh’s Presidential Transition

  • Ex-judge and seasoned politician, Mohammed Shahabuddin Chuppu, was sworn in as the 22nd President of Bangladesh, succeeding Abdul Hamid whose term ended on April 23, 2023.
  • Chuppu’s election in February was uncontested, representing the ruling party. Born in 1949, Chuppu, from the Pabna District, previously served in the Anti-Corruption Commission.

Noteworthy International Appointments

  • UK: Deputy Prime Minister – Oliver Dowden
  • Cuba: President (2nd term) – Miguel Diaz-Canel
  • UAE: Vice-President – Sheikh Mansour Bin Zayed Al Nahyan
  • Nepal: 3rd Vice President – Ram Sahaya Prasad Yadav, President – Ram Chandra Paudel, and Prime Minister – Pushpa Kamal Dahal.

Key Dates

4. International Girls in ICT Day 2023

  • Annually, the fourth Thursday of April is marked as International Girls in ICT Day. The 2023 observance will be on April 27, themed “Digital Skills for Life.”
  • Established by ITU on April 8, 2011, this day aims to address the gender disparity in tech sectors and encourages young women to pursue careers in Information and Communication Technology.

Global Affairs

5. US-Korea Defense Agreement

  • The Washington Declaration, a crucial agreement between U.S. President Joe Biden and South Korean President Yoon Suk-Yeol, sanctions periodic deployments of U.S. nuclear-powered submarines in South Korea.
  • This strategic move addresses the escalating nuclear threats from North Korea, which has intensified its ballistic missile tests recently.

Science & Technology

6. India’s Quantum Technology Mission

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  • Under the leadership of PM Narendra Modi, the Indian Cabinet has approved the National Quantum Mission (NQM) with an allocation of Rs. 6003.65 crore for the period 2023-24 to 2030-31.
  • This initiative aims to spur quantum tech-based economic development, positioning India as a leader in Quantum Technologies & Applications (QTA). Primary objectives include the development of intermediate-scale quantum computers with 50-1000 physical qubits within the next eight years, advanced magnetometers, atomic clocks, and quantum materials essential for quantum device fabrication.
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