9th December 2023 Daily Current Affairs

Banking & Finance

5. PM Modi inaugurates first Indian Art & Design Biennale at Red Fort

• Prime Minister Narendra Modi inaugurated the first Indian Art, Architecture and Design Biennale (IAADB) at Red Fort in New Delhi.
• He unveiled seven research publications on the occasion.
• The Prime Minister also inaugurated Aatmanirbhar Bharat Centre for Design.
• IAADB is being organized in line with the PM’s vision to develop a flagship global cultural initiative in the country.

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Banking & Finance

1. UPI limit for healthcare & education payments hiked to 5 lakh

• The RBI announced an increase in the UPI transaction limit for hospitals and education services to Rs 5 lakh.
• The limit for recurring digital payments without second-factor authentication was enhanced to Rs 1 lakh for mutual fund subscription, insurance premium, and card bills.
• The RBI also plans to create a repository for fintechs to store important information.
• The Reserve Bank Innovation Hub aims to make the repository operational by April 2024.

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National Affairs

2. India Climbs to 7th Place in Global Climate Performance Index

• India has ascended to the 7th position in this year’s Climate Change Performance Index (CCPI), showcasing a commendable improvement from its previous ranking.
• The announcement came during the global COP-28 held in Dubai, where India reaffirmed its status among the top performers for the fifth consecutive year.
• The Climate Change Performance Index (CCPI) tracks countries’ efforts to combat climate change.

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3. Dubai Inaugurates World’s Largest Concentrated Solar Power Project

• PM Of UAE Sheikh Mohammed bin Rashid Al Maktoum inaugurated the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, marking the launch of the world’s largest concentrated solar power project.
• The 950 MW phase, constructed at an investment of AED15.78 billion, utilizes three hybrid technologies: 600MW from a parabolic basin complex, 100MW from a CSP tower.
• The project features the tallest solar tower in the world, at 263.126 metres.

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4. Ministry of Culture launched Mera Gaon Meri Dharohar Project

• The Government of India has decided to map and document all villages under Mera Gaon, Meri Dharohar (MGMD) Programme.
• This National Mission on Cultural Mapping is conducted in coordination with Indira Gandhi National Centre for the Arts (IGNCA) under the Ministry of Culture.
• Under the MGMD, information is collected under seven broad categories.

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