Correct Answer :   Sarbananda Sonowal

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Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal 31st March 2023 launched the App Version of National Logistics Portal (Marine)  ‘Sagar-Setu’ in the presence of Shri Shripad Y. Naik, MoS, Ministry of Ports, Shipping and Waterways (MoPSW) Shri Sudhansh Pant, Secretary  and other senior officials.

* The app has been envisaged with deliverables covering features like Login Module, Service Catalogue, Common Application Format, Letter of Credit, Bank Guarantee, Certification, and Track & Trace etc.

* It will provide real-time information of activities that are generally not in reach of the importer, exporter, and customs broker including vessel-related information, gate, container freight stations and transactions on fingertips. It also enables digital transactions for payments required for the clearance process of import and export like container freight station charges, shipping line charges, transportation charges, etc.

* While launching this app Shri Sonowal mentioned, ‘the SAGAR-SETU app of the National Logistics Portal (Marine) would help custodians in easier access to functionalities on a handheld device. Mobile App will ensure data mobility such that approvals & monitoring shall be at the finger tips of port & ministry officials and stakeholders as well’.

Benefits for Traders

• Improve convenience with reduced turnaround time for approval and compliances.

• Increase visibility of operations and tracking.

Benefits for Service Providers

• Help in tracking of records and transactions offered

• Receive notification of service requests.

It is pertinent to add that the Ministry of Ports, Shipping Waterways and Ministry of Commerce & Industry envisaged this one-stop digital platform National Logistic Portal Marine in the month of January 2023. Within a span of two months SAGAR-SETU app has been launched which will boost maritime trade thereby enhancing the economy of the country...

Source : PIB

Correct Answer :   15.6

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The International Monetary Fund (IMF) has approved a 15.6 billion US dollar support package for Ukraine to assist with the conflict-hit country’s economic recovery.

* The loan is part of a broader 115 billion US dollar international support package to help the country meet urgent funding needs.

* The total amount approved by the IMF, 2.7 billion dollar is being made available to Ukraine immediately and the rest of the funds are due to be released over the next four years.

* Extended Fund Facility is the first major financing programme approved by the IMF for a country involved in a large-scale war...

Source : AIR

Correct Answer :   Tripura

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Tripura is all set to host the first-ever G20 summit of the State commencing on the 3rd of April 2023. As the State will bring the world to Tripura, important locations of the State have donned a colourful look with illuminations and wall paintings.
 
Theme : 'Clean Energy for a greener future' is the theme for the G20 Science event scheduled to be held at the Hapania international fairground on the 3rd and 4th of April 2023.

* On both sides of the road from the MBB Airport to the circuit house, the Gandhi Statue has been illuminated and walls have been painted by depicting the rich cultural heritage of the State.

* Iconic heritage site like the Ujjayanta palace has been illuminated with different hues and decorated with logos and motifs. On April 3, after the first session of the summit, the second session will see the opening of exhibition stalls and an Investor Meet.

* Later in the evening, a light and sound show will be organised for the G20 delegates at the Ujjayanta Palace.

* A Yoga session will be organized at Oxygen Park on April 4 in which the delegates of the G20 countries will take part.

* The delegates will participate in a sapling plantation initiative in the Park. The delegates will also visit the famous Neermahal, Sepahijala Sanctuary, and Purbasa on the 4th of April 2023...

Source : AIR

Correct Answer :   30th Mar 2023 to 5th Apr 2023

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National Maritime Day is celebrated every year on April 05 in India. Moreover, National Maritime Week started on March 30, 2023. At the launch event, PM Modi announced that it will strengthen the efforts of port-based development and lead to overall economic prosperity.

Gearing up for a week long celebration of National maritime Celebration from April 5, the ‘First Merchant Navy Flag’ was pinned on the lapel of the Prime Minister Shri Narendra Modi by the Union Minister of Ports, Shipping & Waterways and Ayush Shri Sarbananda Sonowal  in presence of Sudhansh Pant, Secretary, Ministry of Ports, Shipping & Waterways (MoPSW) and other senior officials in New Delhi 30th March 2023.

To mark the importance of the day government is celebrating by organising the National Maritime Week from 30.03.2023 to 05.04.2023 paying tribute to services of seafarers and celebrating the proud moment for India when the first Indian Steamship “S.S. LOYALTY” of M/s. Scindia Steam, Navigation Co. Ltd., Mumbai ventured into international waters on her maiden voyage from Mumbai to London (UK) in the year 1919 on this day and the same is marked as “National Maritime Day.”..

Source : PIB

Correct Answer :   Justice TS Sivagnanam

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The Central government on Thursday (30th March 2023) notified the appointment of Justice TS Sivagnanam as Acting Chief Justice of the Calcutta High Court with effect from 31st March 2023.

* He succeeded the current Chief Justice Prakash Shrivastava who retired.

* He enrolled in the Bar Council of Tamil Nadu in September 1986.

* He was appointed as an additional judge of the Madras High Court in March 2009.

* He was transferred to the Calcutta High Court in October 2021..

Source : Barand Bench

Correct Answer :   Aditya Birla Health Insurance Co. Ltd

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Aditya Birla Health Insurance Co. Ltd. (ABHICL) has entered into a bancassurance partnership with UCO Bank for the distribution of health insurance products through the bank’s branches across the country.

This partnership will enable ABHICL to expand its national footprint by leveraging UCO Bank’s widely distributed network of 3,164 branches and reach out to more than 40 million of its Indian customers, the company’s press statement said.

With this association, the bank’s customers and employees will have access to the insurer’s comprehensive suit of health-first insurance solutions, such as incentivised wellness benefits of up to 100 per cent, Health Returns TM and chronic management program, Day-1 cover for asthma, high blood pressure, high cholesterol, diabetes; wellness coaching on nutrition and fitness, and mental health counselling, among others.

With this new partnership, ABHICL now has 17 bancassurance partners with over 80,000 direct selling agents, across the country.

“This partnership will help us strengthen our distribution network further and allow us to offer customised, cost-effective, and innovative advanced health insurance solutions to millions of UCO Bank customers across India,” Mayank Bathwal, CEO, Aditya Birla Health Insurance, said, in the statement...

Source : H B

Correct Answer :   BharatPe

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Fintech company "BharatPe" under its corporate social responsibility initiative BharatPe Cares has partnered with NITI Aayog’s Women Entrepreneurship Platform (WEP) to support women entrepreneurs in the country.

* The company said the core focus area will be to facilitate the development of a first-of-its-kind aggregator platform that gives access to peer support, mentorship, networking channels and learning resources to women entrepreneurs.  

* The initiative is under BharatPe’s company PAYBACK’s CSR programme. BharatPe had acquired PAYBACK – a multi-brand loyalty programme in 2021 from American Express and ICICI Investments Strategic Fund.

* According to the sixth economic census by the Ministry of Statistics and Programme Implementation, women comprise only 13.76 per cent of the total entrepreneurs in India, which is 8.05 million out of the total 58.5 million entrepreneurs.

* Nalin Negi, CFO and interim CEO, BharatPe, said, As a homegrown fintech, our regular engagement with women solopreneurs and small business owners has helped us understand the challenges faced from their lens – the most important being lack of access to financial know-how, networking channels, mentorship and fundraising opportunities.

* Our partnership with WEP is aimed at facilitating the development of a plug-and-play digital infrastructure to address the existing gaps and aid the growth of women entrepreneurs,

* Anna Roy, Mission Director, WEP, added that while the entrepreneurial ecosystem in India is thriving but women-led businesses still need a lot of support to help scale businesses, and more so due to social biases...

Source : Financial Express

Correct Answer :   PNGRB

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Petroleum and Natural Gas Regulatory Board (PNGRB) on 29th March 2023 approved levelised unified tariff for natural gas pipeline of Rs 73.93 per metric million British thermal unit (MMBtu).

* The unified tariff would be effective from April 1, 2023.

* The regulator said it has amended PNGRB (Determination of Natural Gas Pipeline Tariff) Regulations to incorporate the regulations pertaining to unified tariff for natural gas pipelines with a mission of “One Nation, One Grid and One tariff”.

* By “One Nation, One Grid and One tariff”, the Indian government aims to boost the consumption of natural gas in the country and increase its share in India’s energy basket from current 6.2 percent to 15 percent by 2030.

* PNGRB also defined three zones for unified tariff, wherein the first zone is up to the distance of 300 km from the source, second zone is more than 300 km and up to 1,200 km while the third zone is the remaining length of the national gas grid system.

* The national gas grid covers all the interconnected pipeline networks owned and operated by entities including Indian Oil Corporation Limited (IOCL), Oil and Natural Gas Corporation Limited (ONGC), GAIL (India) Limited, Pipeline Infrastructure Limited, Gujarat State Petronet Limited (GSPL), Gujarat Gas Limited, Reliance Gas Pipelines Limited, GSPL India Gasnet Limited, and GSPL India Transco Limited..

Source : Money Control

Correct Answer :   Justice Ramesh Sinha

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Justice Ramesh Sinha, senior judge of the Allahabad high court, will be the new chief justice of the Chhattisgarh high court with effect from the date he assumes charge of his office.

* The Ministry of Law & Justice, Department of Justice has issued a notification to this effect on March 24, 2023.

* Justice Sinha is likely to take charge within three-four days once the warrant regarding his appointment is issued, said the HC sources.

* The notification reads, in exercise the power conferred by clause (1) of Article 217 of the Constitution of India, the President appointed Justice Sinha as the Chief Justice of the Chhattisgarh High Court.

* The post of Chief Justice fell vacant in Chhattisgarh after the retirement of Arup Kumar Goswami on March 10. At present, Justice Goutam Bhaduri, Senior Judge is working as the Acting Chief Justice of the High Court and he will hand over the charge to Sinha.

* The Supreme Court Collegium had in February sent a proposal to the central government recommending the name of Justice Sinha as chief justice.

* Justice Sinha is currently the senior most judge of the Allahabad high court. He was appointed as a judge here on November 21, 2011 from the Bar quota. He graduated in Law from Allahabad University in the year 1990 and started practicing law the same year..

Source : India Times

Correct Answer :   Praveer Sinha

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Tata Power on Thursday (30th March 2023) approved re-appointment of Praveer Sinha as CEO and MD.

* He has been appointed for a period of four years starting May 1, 2023.

* Currently, Sinha is the Chairman of CII Western Region council and co-chairs the CII National Committee on Power.

* We wish to inform that, based on the recommendation of the Nomination and Remuneration Committee, the Board, at its meeting held today i.e. March 30, 2023, approved the re-appointment of Dr. Praveer Sinha (DIN: 01785164) as the CEO & Managing Director of the Company for a period of four years from May 1, 2023 to April 30, 2027, subject to approval of the Members of the Company.

* Sinha has held several leadership positions across the power sector value chain. "As CEO & MD of Tata Power Delhi Distribution Limited, he was instrumental in driving the turnaround of the Discom through technological and social interventions and setting a benchmark operational model for other discoms and developing countries to follow," as per the company statment.

* He has also contributed towards setting up the first international incubator in India for promoting innovations in the clean energy space...

Source : Economic Times