Who will take over next month as India's G20 chief coordinator, the government officially announced?

Daily Current Affairs

Dr Radha Krishna

Harsh Vardhan Shringla

Dr Srinivasulu Reddy

Aadhithya Varma

Correct Answer : Option (B) - Harsh Vardhan Shringla

Foreign secretary "Harsh Vardhan Shringla" will take over next month as G20 chief coordinator, the government officially announced on Saturday(9th Apr 2022). The appointment is significant as In dia will assume the G20 presidency on December 1, 2022 from Indonesia, and will convene the G20 Leaders Summit for the first time in India in 2023. Shringla will retire la ter this month, handing over charge to foreign secretary-designate V M Kwatra, who is currently India’s ambassador to Nepal.

On the day Kwatra’s appointment was announced, officia l sources had said that Shringla was likely to join as chief G20 coordinator. Shringla has been serving as foreign secretary since January, 2020. An IFS officer of 1984 ba tch, he has also served as ambassador in the US, Thailand and Bangladesh.

The G20 is the premier forum for international economic cooperation, which reflects, according to the the ministry of external affairs, a recognition that global prosperity is interdependent and that economic opportunities and challenges are interlinked. “G20 countries have come together to better prepare for the future. As a founding member of the G20, India has used the platform to raise issues of vital importance,” the government had said earlier while announcing that India is now amember of the G20 Troika which consists of Indonesia, Italy, and India — the current, previous and incoming G20 presidencies, respectively..

Source : Times of India

Published On : April 13, 2022

Uttar Pradesh’s GI Product Tally Reaches 75 :

This latest addition has further strengthened Uttar Pradesh’s position as a leader in the GI domain. With the inclusion of Tiranga Barfi and Dhalua Murti Metal Casting Craft, the total number of GI products from the state has reached an impressive 75, comprising 58 handicrafts and 17 agricultural and food products. This remarkable achievement sets a new record for the highest number of GI tags associated with a particular state in India.

The Iconic Tiranga Barfi :

Steeped in the rich history of India’s independence movement, the Tiranga Barfi holds a special place in the hearts of Varanasi’s residents. During the struggle for freedom, this tricolored sweetmeat was ingeniously crafted to facilitate secret meetings and information exchange among revolutionaries. The saffron hue is derived from saffron, the green color comes from pistachio, and the white shade is created using khoya and cashew nuts.

Published On : April 19, 2024

Q .

Hindustan Zinc has reached what position in silver production globally?

First

Second

Third

Fourth

Correct Answer : Option (C) - Third

Key Points :

Hindustan Zinc is now the 3rd largest silver producer globally, with highest silver annual production, up 5% y-o-y

Holds 2nd largest zinc reserves and resources globally

Industry leading production growth rate with best-ever annual metal production

Highest-ever quarterly refined metal production for Q4 FY24, up 6% sequentially

1st decile of the global zinc mines cost curve; lowest annual COP in last 3 years at US$ 1,117/MT

Quarterly Revenue up by 3% and EBITDA up by 2%

Ranked first globally in S&P Sustainability Assessment in Metals and Mining sector

Published On : April 19, 2024

Q .

India's Electronics Exports Surge to ____ Billion in FY 2023-24.

$29.12

$32.78

$34.90

$37.21

Correct Answer : Option (A) - $29.12

India’s electronics industry experienced a notable surge in exports, reaching $29.12 billion in fiscal year 2023-24, a substantial 23.6% increase from the previous year. This growth is particularly significant amid an overall contraction of the country’s total exports by 3%.

Top Export Markets :

Commerce department officials identified the United States, United Arab Emirates, Netherlands, United Kingdom, and Italy as the top five export markets for Indian electronics goods.

Expansion into New Markets :

During FY24, Indian electronics exports expanded into new markets such as Montenegro, Cayman Islands, El Salvador, Turkmenistan, Mongolia, Honduras, and St. Vincent, reflecting India’s increasing presence and diversification in the global market.

Implications for India’s Electronics Industry :

This impressive growth not only signifies India’s strengthening position in the global electronics market but also underscores the potential for further expansion into new and emerging markets. The diversification of export destinations showcases India’s commitment to embracing new opportunities and enhancing its global trade footprint.

Published On : April 19, 2024