Current Affairs

2 May 2023 – Daily Current Affairs for UPSC Exams

2nd May 2023 – Daily Current Affairs Questions for UPSC Prelims Exams

Which ministry has canceled the Foreign Contribution Registration Act (FCRA) license?

Ans: Ministry of Home Affairs

  • Delhi-based think tank Center for Policy Research (CPR) has got its Foreign Contribution (Regulation) Act (FCRA) registration suspended by the Ministry of Home Affairs (MHA) for 180 days.
  • A government official said that the suspension was imposed due to initial violations of FCRA rules.
  • The Income Tax Department visited the CPR office on 7th September, 2022.
  • Foreign funds can be received only with FCRA registration, which means that the CPR will not be able to accept fresh foreign donations or use donations already approved without the approval of the MHA.
  • Founded in 1973, CPR conducts research that contributes to higher quality scholarship, better policies and a more robust public discourse on issues affecting India.

Which country has become Europe’s top refinery supplier, according to Kepler?

Answer: India

  • Kepler data revealed that India has overtaken Saudi Arabia to become the largest supplier of refined fuel to Europe.
  • This comes as a result of Europe’s reduced access to Russian oil and their increased dependence on Indian crude oil products.
  • Europe is set to increase its refined fuel imports from India by over 360,000 barrels per day.
  • This ultimately creates more demand for Moscow crude, which carries freight costs.
  • Russia’s crude oil imports to India are expected to exceed 2 million barrels per day in April.
  • This import accounts for about 44% of India’s total oil imports.

RBI data which state has topped the market borrowing for the third year in a row?

Ans: Tamil Nadu

  • Tamil Nadu is one of the largest market borrowing states.
  • Tamil Nadu’s gross market borrowing during the April-February period of FY2023 was Rs 68,000 crore.
  • The borrowing was done through State Development Loan (SDL).
  • Tamil Nadu plans to raise ₹1,43,197.93 crore debt during 2023-24.
  • There is also a proposal to repay ₹51,331.79 crore.
  • Net debt will be ₹91,866.14 crore.
  • The fiscal deficit is estimated at 3.25% of GSDP as per the budget estimates for 2023-24.

Indian Army has inducted how many women officers into the Artillery Regiment for the first time?

Answer: five

  • The Indian Army has inducted five women officers into its artillery regiment for the first time.
  • The women officers have joined the Regiment of Artillery after successfully completing their training at the Officers Training Academy (OTA) in Chennai.
  • 186 candidates participated in the passing out parade held at OTA Chennai.
  • Out of these 29 candidates are citizens of Bhutan.
  • The passing out parade was reviewed by Bangladesh Army Chief COAS General SM Shafiuddin Ahmed.

Satwiksairaj Rankireddy and Chirag Shetty created history by winning which medal at the Badminton Asia Championship?

Ans: Gold Medal

  • Satwiksairaj Rankireddy and Chirag Shetty won gold medals at the Badminton Asia Championships.
  • This is the first Indian men’s doubles pair to create history.
  • The Indian pair defeated the Malaysian pair in a match that lasted for over an hour.
  • The World No.6 Indian pair had to fight hard for their win.
  • The Indian pair lost the first game but won the next two.
  • They were trailing in the second game, but managed to come back and win 21–17.
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