Important Weekly Current Affairs PDF 15 to 21 January 2024

Dear Readers, Here we have given the list of Important Weekly Current Affairs 03rd week of January

2024. Candidates those who are preparing for Upcoming IBPS, SBI and other competitive exams can

make use of it.

CURRENT AFFAIRS: IMPORTANT DAYS

● Tripura, Manipur, and Meghalaya Foundation Day 2024 is observed on the 21st of January 2024

CURRENT AFFAIRS: BANKING & FINANCE

● The United States International Development Finance Corporation (USIDFC) and India’s National

Infrastructure Investment Fund (NIIF) are “working on the possibility of creating a fund” that would

invest in renewable energy and green projects in India

● Net direct tax collections have reached approximately 81% of the Budget Estimate during the

period from April 1 to January 10 in the current fiscal year

● The World Bank has maintained its economic growth projection for India in the fiscal year 2024-

25 at 6.4 percent.

● The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 crore on Punjab and

Sind Bank for non-compliance with certain directions issued by RBI on ‘Loans and Advances –
Statutory and Other Restrictions’.

● Karnataka Bank, a leading private sector bank, and Clix Capital, one of India’s fastest-

growing new-age NBFCs, have entered into a digital co-lending partnership through the Yubi

Co.lend Platform.

● The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹120.47 lakh on Dhanlaxmi

Bank Ltd.for non-compliance with certain directions issued by RBI on ‘Loans and Advances –

Statutory and Other Restrictions’, ‘Reserve Bank of lndia (Know Your Customer (KYC))

Directions, 2016’ and ‘Reserve Bank of lndia (Interest Rate on Deposits) Directions, 2016’.

● The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹29.55 Lakh on ESAF Small

Finance Bank Limited for non-compliance with the directions issued by RBI on ‘Customer Service
in Banks’.

● Karnataka Bank has partnered with fintech company Digivriddhi (DGV) to offer financial services

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 Important Weekly Current Affairs PDF 15 to 21 January 2024

catering to the needs of dairy farmers and milk societies

● ICICI Prudential Life Insurance has launched ICICI Prudential Guaranteed Pension Plan Flexi

with Benefit Enhancer.

● Capital markets regulator Securities and Exchange Board of India (SEBI) has renewed its

recognition for AMC Repo Clearing Limited as a clearing corporation for one year, allowing it to

clear and settle transactions in repo and reverse repo in debt securities.

● The Reserve Bank of India (RBI) has proposed a phased transition to tighten

regulations for housing finance companies (HFCs), aligning them more closely with non-banking

financial companies (NBFCs).

● Life Insurance Corporation of India (LIC) has surpassed State Bank of India (SBI) to become

the most valued public sector undertaking (PSU) firm in India by market valuation.

● Insurance behemoth Life Insurance Corporation of India (LIC) has launched a new non-

participating product, Jeevan Dhara-II.

● DBS Bank India has announced a partnership with StartupTN, the nodal agency of the Tamil

Nadu government in fostering innovation and promoting entrepreneurship throughout the State.

● The Reserve Bank of India (RBI) has revised the eligibility criteria for the inclusion of urban

cooperative banks (UCBs) in the second schedule of the Reserve Bank of India Act, 1934.

CURRENT AFFAIRS: NATIONAL NEWS

● The Minister of State (Independent Charge) of the Ministry of Statistics and Programme

Implementation (MoSPI) Rao Inderjit Singh launched the MPLADS e-SAKSHI Mobile Application
for revised fund flow procedure under the MPLAD Scheme, at Khurshid Lal Bhawan, New Delhi

● The Prime Minister, Shri Narendra Modi inaugurated three major infrastructure projects

worth more than Rs 4,000s crore in Kochi, Kerala

● The index of mineral production of the mining and quarrying sector for November 2023 (Base:

2011-12=100) at 131.1, is 6.8 % higher as compared to the level in the month of November, 2022

● Minister of State for Science and Technology Dr Jitendra Singh will inaugurate the 9th Indian

International Science Festival in Faridabad, Haryana

● Vice President Jagdeep Dhankhar released the book ‘Fertilising the Future: Bharat’s March

Towards Fertilizer Self-Sufficiency’ written by Chemicals and Fertilizers Minister Dr. Mansukh

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 Important Weekly Current Affairs PDF 15 to 21 January 2024

Mandaviya.

● Industry seeks an extension to sunset period for getting the concessional tax rate of 15% for

companies that set up Greenfield manufacturing units

● PM Modi released the first installment to 1 lakh beneficiaries of PMAY-G under the PM-JANMAN

scheme

● Ministry of Mines, Government of India has achieved a significant milestone with the signing of

an agreement between Khanij Bidesh India Limited (KABIL) and the state-owned enterprise of

Catamarca province of Argentina CATAMARCA MINERA Y ENERGÉTICA SOCIEDAD DEL

ESTADO (CAMYE N SE) at Catamarca, Argentina.

● The Union Cabinet chaired by Prime Minister Shri Narendra Modi was apprised of a

Memorandum of Intent (MoI) signed between the Central Drugs standard Control

Organization (CDSCO), Ministry of Health and Family Welfare, Government of India and the

Ministry of Health, Welfare and Sport, Kingdom of the Netherlands on behalf of Medicines

Evaluation Board, Health and Youth Care Inspectorate, Central Committee on Research Involving

Human Subjects “on cooperation in the field of Medical products Regulation”.

● The Union Cabinet chaired by Prime Minister Shri Narendra Modi was apprised of a

Memorandum of Understanding signed between the Central Drugs standard Control

Organization (CDSCO), Ministry of Health and Family Welfare, The Republic of India and

Directorate General for Medicine, Foods and Sanitary Products Organizations of Ministry of

Public Health and Social Assistant of Dominican Republic on cooperation in the field of Medical
Products Regulation.

● The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi was apprised of a

Memorandum of Understanding (MoU) signed between the Government of the Republic of India

through the Ministry of Electronics and Information Technology and the Government of the

Republic of Kenya through the Ministry of Information, Communications and digital Economy on

cooperation in the field of sharing successful Digital Solutions implemented at Population Scale

for Digital Transformation.

● The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi was apprised of a

Memorandum of Understanding (MoU) signed between the Government of the Republic of India

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 Important Weekly Current Affairs PDF 15 to 21 January 2024

through the Ministry of Electronics and Information Technology and the Government of the

Republic of Kenya through the Ministry of Information, Communications and digital Economy on

cooperation in the field of sharing successful Digital Solutions implemented at Population Scale

for Digital Transformation.

● The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi was apprised of a

Memorandum of Understanding (MoU) signed between the Government of the Republic of India

and the European Commission on Working Arrangements on Semiconductors Ecosystems, its

supply chain and innovation under the framework of EU-India Trade and Technology Council

(TTC).

● The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the creation

of three posts at the level of Joint Secretary i.e. two posts of Joint Secretary and one post of

Economic Adviser for the 16thFinance Commission, which was constituted in pursuance of Article

280 of the Constitution vide Notification.

● The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi

approved proposal for equity investment by (i) South Eastern Coalfields Limited (SECL) for

setting-up 1×660 MW Thermal Power Plant through JV of SECL and MPPGCL; and (ii) Mahanadi

Coalfields Limited (MCL) for setting-up 2×800 MW Thermal Power Plant through Mahanadi Basin

Powe Ltd.

● Union Tourism Minister G Kishan Reddy inaugurated the National Skill Training Institute in

Hyderabad, Telangana
● The first pilot technology project to make jet fuel from alcohol was inaugurated by Union

Petroleum and Natural Gas Minister Hardeep Singh Puri in Pune.

● According to the new guidelines announced by the Education Ministry, coaching centres cannot

enroll students below 16 years of age, make misleading promises and cannot guarantee ranks or

good marks.

● Production Linked Incentive (PLI) Schemes witness over Rs. 1.03 lakh crore of investment till

November 2023, which has led to production/ sales of Rs. 8.61 lakh crore and employment
generation (direct & indirect) of over 6.78 lakhs

CURRENT AFFAIRS: INTERNATIONAL NEWS

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 Important Weekly Current Affairs PDF 15 to 21 January 2024

● British Prime Minister Rishi Sunak has signed a new security agreement with Ukraine’s

president and announced an increase in military funding for the war-wracked country during a

visit to Kyiv.

● The World Economic Forum (WEF) is holding its Annual Meeting from January 15 to 19 in Davos,

Switzerland.

● Nims University Rajasthan proudly marked a historic occasion as it welcomed the Prime Minister

of the Czech Republic, E Prof. Petr Fiala to the University.

● China’s population fell for a second consecutive year in 2023, as a record low birth rate and a

wave of COVID-19 deaths when strict lockdowns ended accelerated a downturn that will have

profound long-term effects on the economy’s growth potential.

● Climate change has caused Greenland’s ice sheet to lose 20% more ice than previously thought,

according to research published that used satellite imagery to track the retreat of glaciers over the

past four decades.

● Japan signed a deal with its ally the United States to buy 400 long-range Tomahawk missiles as it

ramps up its military capacity to counter regional security threats.

● North Korea informed it has carried out a test of its “underwater nuclear weapons system” in

response to drills by the US, South Korea and Japan this week.

CURRENT AFFAIRS: STATE NEWS

● Prime Minister Narendra Modi will be inaugurating the new campus of National Academy of

Customs, Indirect Taxes & Narcotics (NACIN) at Palasamudram in Andhra Pradesh’s Sri Sathya
Sai District.

● The Pench Tiger Reserve (PTR) in Maharashtra Has been marked as India’s first Dark Sky

Park and the fifth such park in Asia for protecting the night sky and preventing light pollution,

making the facility ideal for astronomy enthusiasts.

● Haryana Chief Minister Manohar Lal inaugurated the 2nd Panchkula Book Fair, organized by six

departments under the aegis of power companies in Panchkula.

● Odisha Chief Minister Naveen Patnaik unveiled the Shree Mandir Parikrama Prakalpa (SMPP),a
massive peripheral development project around Puri’s 12th century Shree Jagannath Temple.

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 Important Weekly Current Affairs PDF 15 to 21 January 2024

● The Uttar Pradesh government plans to initiate helicopter services to Ayodhya from six districts in

the state by the end of January.

● The Karnataka High Court has imposed a fine of Rs 5 lakh on the State Government after it did

not comply with a court order passed in 2020.

● Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy will unveil a 125 foot statue of Dr B R

Ambedkar at Swaraj Maidan in Vijayawada.

● Inaugurating the International Kolkata Book Fair, West Bengal Chief Minister Mamata

Banerjee stated that relations between India and the UK have spanned over a long time since

the Battle of Plassey in 1757.

● The Assam Government, led by Chief Minister Himanta Biswa Sarma, reinstated the

traditional buffalo fight (Moh-Juj) after a nine-year hiatus.

● The YS Jagan Mohan Reddy government in Andhra Pradesh launched a comprehensive caste

census to enumerate all the castes in the state.

● Akasa Air has become the second airline to announce a tie up with Noida International Airport,

located near the national capital.

● In Jammu and Kashmir, a Popular Festival known as ‘Gole Mela’ was organized at Jagannath

temple in Udhampur.

CURRENT AFFAIRS: AWARDS AND HONOURS

● REC Limited, a Maharatna Public Sector Unit and a leading NBFC under the Ministry of

Power, has been awarded ‘Plaque’ under the ‘Financial Services Sector (Other than Banking and
Insurance)’ category at the ICAI Awards for Excellence in Financial Reporting for the financial

year 2022-23

● REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a

leading NBFC, has been honoured with the prestigious Scope Excellence Award in the category

of Special Institutional Category

● Bangalore and Delhi airports jointly won the Best Airport award.

CURRENT AFFAIRS: MOUS AND AGREEMENT

● Ministry of Mines, Government of India has achieved a significant milestone with the signing of

an agreement between Khanij Bidesh India Limited (KABIL) and the state-owned enterprise of

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 Important Weekly Current Affairs PDF 15 to 21 January 2024

Catamarca province of Argentina CATAMARCA MINERA Y ENERGÉTICA SOCIEDAD DEL

ESTADO (CAMYE N SE) at Catamarca, Argentina.

● The Indian Renewable Energy Development Agency Ltd. (IREDA) and the Indian Overseas Bank

(IOB) have signed a Memorandum of Understanding (MoU) to work together in co-lending and

loan syndication for various Renewable Energy projects across India.

● An MoU has been signed between the Ministry of Electronics and Information Technology of the

Republic Of India and the Ministry of Communications of the Republic of Cuba on Cooperation in

the field of Sharing Successful Digital Solutions Implemented at the Population Scale for Digital

Transformation .

CURRENT AFFAIRS: SUMMITS AND CONFERENCES

● The two-day 19th Non-Aligned Movement (NAM) Summit to begin in Uganda’s Kampala.

CURRENT AFFAIRS: ACQUISITIONS & MERGERS

● In adherence to its ‘Skill India’ commitment, Airbus has formed a 50:50 joint venture with Tata-

owned Air India, marking a significant stride in launching a world-class pilot training center

in Gurugram, Haryana.

● POWERGRID has successfully acquired four Special Purpose Vehicles for Inter- state

Transmission System Projects which were bid out through Tariff Based Competitive Bidding

process.

● Taiwan’s Foxconn, also known as Hon Hai Precision Industry, has joined forces with

India’s HCL Group to establish an Outsourced Assembly and Testing (OSAT) unit for
semiconductor chips.

● In China, a startup named Betavolt has unveiled a revolutionary battery, asserting its capability to

produce electricity for 50 years without requiring charging or maintenance.

● BP shares started the day 1 percent lower while Shell was down by 2 percent. Amid a recent

wave of consolidation, there is speculation that BP could be an acquisition target as the stock has

underperformed rivals since Looney’s departure.

CURRENT AFFAIRS : DEFENCE NEWS

● Addressing Wings India 2024 at Begumpet Airport in Hyderabad, he stated the domestic

passenger traffic, which was 60 million in 2014 grew to 145 million pre-Covid and it further went

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 Important Weekly Current Affairs PDF 15 to 21 January 2024

up to 153 million in 2023.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

● ISRO plans to carry out the first tests of the proposed Bharatiya Space Station next year and

talks are on with the industry to manufacture, test and launch its first module by 2028, the space

agency’s chief S Somanath stated.

● In a bid to overcome setbacks, Japanis set to attempt a soft landing on the moon’s surface with

the Smart Lander for Investigating Moon early on January 20

● Japan became the 5th country in history to reach the moon when one of its spacecraft

successfully made a soft landing on the lunar surface.

CURRENT AFFAIRS: RANKING AND INDEX

● The NGO Pratham’s Annual Status of Education Report (ASER) titled ASER 2023 ‘Beyond

Basics’ was released.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

● Senior IPS officer Daljit Singh Chaudhary was appointed as the director general of the Sashastra

Seema Bal (SSB), a Personnel Ministry order stated.

● The Supreme Court collegium headed by Chief Justice D Y Chandrachud recommended the

elevation of Karnataka High Court Chief Justice Prasanna B Varale as a top court judge.

● Union Minister Arjun Munda, with his entire panel of Sr. Vice-President (1), eight (8) Vice

Presidents and seven (7) Joint Secretaries, Secretary-General (1), and Treasurer (1) was re-

elected unopposed to the post of President of Archery Association of India for the period 2024-
2028 in the General Council meeting of the AAI held at DDA Yamuna Sports Complex,

● PepsiCo India announced a leadership-level change as the food and beverage maker’s India

team has appointed Jagrut Kotecha its chief executive officer (CEO). Kotecha is currently serving

as the chief commercial officer of PepsiCo Africa, Middle-East, and South Africa (AMESA).

● Indian superstar Hrithik Roshan joins the 3rd season of RuPay Prime Volleyball League powered

by A23 as the brand ambassador.

● Sue Redfern will become the first female neutral umpire appointed by the International Cricket
Council to work in a bilateral series, having been named for the upcoming ICC Women’s

Championship and T20I matches between Australia and South Africa.

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● The Indian Institute of Management Calcutta (IIM-C) has removed its director-in-charge, Sahadeb

Sarkar, because of an allegation of sexual harassment against him. The institute announced this

decision in a statement.

● Vice Admiral Gurcharan Singh assumed charge as the Controller Personnel Services (CPS) on

15 Jan 24.

● Hertha Berlin president Kay Bernstein, a former ultra fan who surprisingly took over the

presidency in 2022, has died at the age of 43.

● Denmark’s King Frederik X ascended the throne, succeeding his mother, Queen Margrethe II,

who formally abdicated after 52 years as monarch, with big crowds gathered in the capital to

witness history.

● Anti-corruption crusader Bernardo Arevalo was sworn in as Guatemala’s president after a chaotic

inauguration that was delayed for hours by a last-ditch attempt by Congress opponents to

weaken his authority.

● Andhra Pradesh Congress Committee (APCC) Chief Rudraraju Gidugu stepped down from the

post.

● Energy giant BP appointed interim boss Murray Auchincloss as permanent CEO on January 17.

CURRENT AFFAIRS: SPORTS NEWS

● Indian shooters continued with winning gold in the Asia Olympic Qualifiers with Yogesh

Singh winning the top prize in individual as well as team event of the men’s 25m centre fire pistol

competition in Jakarta, Indonesia

● Argentine superstar Lionel Messi has once again bagged The Best FIFA Men’s Player.

● India Chess Wizard Rameshbabu Praggnanandhaa defeated World Chess Champion Ding Liren

in the Tata Steel Masters in Wijk aan Zee, in the Netherlands.

● Tamilnadu won gold in the rhythmic yoga followed by West Bengal and Maharashtra

● Indian Shooter Raiza Dhillon has won silver in the women’s skeet final at the ongoing Asia

Olympic Qualification shotgun tournament in Kuwait

CURRENT AFFAIRS: OBITUARIES

● Noted Urdu poet Munawwar Rana passed away at the Sanjay Gandhi PostGraduate Institute of

Medical Sciences in Lucknow.

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 Important Weekly Current Affairs PDF 15 to 21 January 2024

● Spanish motorcycle rider Carles Falcon has died more than a week after crashing in the Dakar

Rally in Saudi Arabia, his team stated.

● Veteran classical singer Swarayogini Dr. Prabha Atre, a representative of the Kirana

Gharana, passed away at the age of 91 in Pune.

● Hertha Berlin president Kay Bernstein, a former ultra fan who surprisingly took over the

presidency in 2022, has died at the age of 43.

● Barber, a world champion pole vaulter, Olympian and three-time NCAA champ during his time at

Akron, died at his home in Kingwood, Texas, from medical complications. Barber was 29.

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