1st February 2023

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Indian Stock Markets Migrating to T+1 Settlement Cycle.

India will become the first major economy to move to a T+1(trade plus one) market settlement cycle when it finally makes the transition on  January 27. The Chinese market is currently partly T+1. With the move, all stock settlements will be done the next day, making financial transactions faster in the stock market.

T refers to the trading day. Starting January 27 all large-cap and blue-chip companies will switch to the T+1 system. A T+1 cycle will mean that transfers will be completed the very next day and result in shorter waiting times as well as reduced liquidity risks for traders and investors.

Which country’s stock market migrating its settlement cycle to T+1 day?

Martyr’s Day (Shaheed Diwas) 2023: Mahatma Gandhi death Anniversary.

On January 30, 2023, India observed Martyrs’ Day or Shaheed Diwas to pay tribute to all the freedom fighters who sacrificed their lives for the country. The day is also marked as the death anniversary of the nation’s ‘Bapu’, Mahatma Gandhi. On this day in 1948, Gandhi was assassinated by Nathuram Godse in the compound of Birla House after one of his routine multi-faith prayer meetings. Godse, a member of Hindu Mahasabha, blamed Gandhi for favouring the Muslim community during the partition of India in 1947. It is said that the last words Gandhi uttered were “Hey Ram”.

India observed Martyrs’ Day or Shaheed Diwason ___________ topay tribute to all the freedom fighters who sacrificed their lives for the country.

Udyan Utsav 2023 – Rashtrapati Bhavan’s Amrit Udyan open from January 31.

• Once a year, the gardens are made available to the public.
• It will be accessible to tourists this year from January 31 to March 26 between the hours of 10 am and 4 pm.
• However, it will be closed every Monday, March 1 and 2, the G20 summit, and March 8. (Holi).
• Visitors will be able to view 12 different species of carefully cultivated tulips that are anticipated to bloom in stages, among other things.
• This time, the public will be able to visit the Herbal Garden, Bonsai Garden, Central Lawn, Long Garden, and Circular Garden for around two months.

Among the following who recently inaugurated the Udyan Utsav 2023?

Aero India 2023 to be held in Bengaluru.

• A significant aerospace and defence trade show and an Indian Air Force aerial display will be part of the five-day event.
• There will be involvement from international think tanks in addition to major aerospace investors and world leaders.
• So far, 737 exhibitors have signed up to take part in the event. According to the Aero India website, 643 of the 737 exhibitors are from India, while 94 are from 30 different international nations.
• The goal of the Aero India event is to offer a special opportunity for the exchange of knowledge, concepts, and innovations in the aviation sector.
• It would help the Make in India movement and boost the local aviation sector.
• Due to the COVID-19 epidemic, event participation was impacted in 2021. Over 55 countries’ worth of participants and more than 540 exhibitors took part in the event.
• In anticipation of Aero India 2023, the Bengaluru local government has ordered the closure of meat stands, non-vegetarian hotels, and restaurants.
• The prohibition was put in place because non-vegetarian food left out in the open attracts scavenging birds, which could cause accidents in mid-air, according to local body authorities.

Among the following in which city biennial air show and aviation expo has been taken place?

India Observes 158th Birth Anniversary of Freedom Fighter Lala Lajpat Rai.

The nation observes the 158th birth anniversary of the freedom fighter Lala Lajpat Rai, popularly known as Punjab Kesari. Lala Lajpat Rai was born on 28th January 1865 to his maternal grandparents in Dhudike. On the occasion of the 158th birth anniversary of the freedom fighter Lala Lajpat Rai, the cabinet minister announced a grant of Rs 12 lakh on the demand of the villagers.Lala Lajpat Rai has made a huge contribution to the struggle for the independence of the nation. He was also known as the leader of the Swadeshi movement.

He is popularly known as ‘Punjab Kesari’ and played a pivotal role in the Indian Independence movement. People also called him ‘Punjab da Sher’ which means ‘Lion of Punjab’.He was one of the three members of the Lal Bal Pal Trimurti.

India Observes______________ Birth Anniversary of Freedom Fighter Lala Lajpat Rai.

World Leprosy Day 2023 is observed 29th January.

World Leprosy Day (WLD) is celebrated on the last Sunday of January. In 2023, World Leprosy Day is observed on 29 January. This international day is an opportunity to celebrate people who have experienced leprosy, raise awareness of the disease, and call for an end to leprosy-related stigma and discrimination. This date was chosen by French humanitarian, Raoul Follereau as a tribute to the life of Mahatma Gandhi, who did much work with persons affected by leprosy and died at the end of January in 1948.The theme of World Leprosy Day 2023 is “Act Now. End Leprosy.” This year’s theme calls attention to three key messages.

World Leprosy Day observed on which of the following day of the month?

India’s First Green Solar Panel Factory to Build by Luminous in Uttarakhand.

Luminous Power Technologies revealed that it has planned to build India’s first green energy-based solar panel manufacturing plant in Uttarakhand which will be operational by the end of this year. The location of the new India’s first green energy-based solar panel is Rudrapur which will be equipped with the latest technology to design and produce high-quality solar panels that will be used for both residential and commercial applications.

In which state India’s First Green Solar Panel Factory to Build by Luminous?

World Neglected Tropical Diseases Day observed on 30th January.

World Neglected Tropical Diseases Day (World NTD Day) is observed on January 30 every year to raise awareness about neglected tropical diseases (NTDs) as a critical public health challenge so that we can progress towards their elimination. 2023 theme is “Act Now. Act Together. Invest in Neglected Tropical Diseases”. The proposal to recognise the day was floated by the United Arab Emirates. It was adopted unanimously by the delegates. The first World NTD Day was celebrated informally in 2020.

World Neglected Tropical Diseases Day (World NTD Day) is observed on ___________.

NMDC Signed Champion Boxer Nikhat Zareen As its Brand Ambassador.

NMDC has signed a Memorandum of Agreement (MoA) with World Boxing Champion and gold medal winner of Birmingham 2022 Commonwealth Games, Nikhat Zareen to represent NMDC as its brand ambassador. NMDC is a National miner and India’s largest producer of iron ore.

The company has chosen to be represented by someone who shares their commitment to bringing honor to the country. Nikhat Zareen represents the strength, courage, agility, and national pride that goes with the brand of the NMDC.

Who recently signed champion boxer Nikhat Zareen as its Brand Ambassador?

Coal India Ltd to Launch M-Sand Projects in Broader Schemes.

Coal India Ltd (CIL) has envisaged processing the overburdened rocks for sand production in mines where fragmented rock or Overburden (OB) material contains about 60 percent sandstone by volume which is harnessed through crushing and processing of Overburden. During Opencast mining, the overlying soil and rocks are removed as waste to extract coal and OB is heaped in dumps.

________________ to Launch M-Sand Projects in Broader Schemes.