Daily Current Affairs – 13-JULY-2023
- NABARD
- FRANCE
- METAVERSE
- Asia’s premier digital technology exhibition
- Hampi
NABARD
In News:
Union Cooperation Minister Amit Shah has said that National Bank for Agriculture and Rural Development NABARD is ensuring development and prosperity in rural areas by making rural banking accessible.
NABARD stands for National Bank for Agriculture and Rural Development. It is an apex bank for rural development in India. NABARD was established on 12 July 1982 by an Act of Parliament. Its headquarters are located in Mumbai, Maharashtra.
The major functions of NABARD include:
Promotion and development of agriculture and rural development: NABARD provides financial and non-financial assistance to promote and develop agriculture and rural development. This includes providing credit to farmers, agricultural producers, and rural entrepreneurs; promoting rural infrastructure development; and providing training and capacity building to rural institutions.
Refinancing: NABARD provides refinancing to banks and financial institutions that lend to agriculture and rural development activities. This helps to increase the flow of credit to these sectors.
Financing: NABARD provides direct financing to agriculture and rural development projects. This includes financing irrigation projects, rural roads, and other infrastructure projects.
Planning, monitoring, and supervision: NABARD plans, monitors, and supervises the implementation of government policies and programs for agriculture and rural development. This includes monitoring the performance of banks and financial institutions that lend to these sectors.
NABARD has played a significant role in promoting agriculture and rural development in India. It has helped to increase agricultural productivity, improve rural infrastructure, and create employment opportunities in rural areas.
Here are some of the achievements of NABARD:
Increased agricultural production: NABARD has helped to increase agricultural production in India by providing credit and other assistance to farmers.
Improved rural infrastructure: NABARD has helped to improve rural infrastructure by financing irrigation projects, rural roads, and other infrastructure projects.
Created employment opportunities: NABARD has helped to create employment opportunities in rural areas by financing rural enterprises and providing training to rural youth.
NABARD is a vital institution for the development of agriculture and rural areas in India. It has played a significant role in improving the lives of millions of people in rural India.
2.FRANCE
In News:
Prime Minister Narendra Modi will pay an official visit to France and the United Arab Emirates from tomorrow to the 15th of July
France is a Western European country that is bordered by Belgium, Luxembourg, Germany, Switzerland, Italy, Monaco, Spain, and Andorra. It is also home to several overseas territories, including French Guiana, Guadeloupe, Martinique, and Réunion.
France is a popular tourist destination, known for its beautiful cities, stunning countryside, and rich history. Some of the most popular tourist destinations in France include Paris, the French Riviera, the Loire Valley, and the Dordogne.
France is also a major economic power, and is a member of the G7, the European Union, and NATO.
Here are some other interesting facts about France:
1..rance is the world’s most visited country, with over 89 million tourists visiting in 2018.
2.France is the world’s largest wine producer, producing over 80 million hectoliters of wine per year.
3.France is home to the world’s most famous landmark, the Eiffel Tower.
France is the birthplace of many famous artists, writers, and philosophers, including Leonardo da Vinci, Jean-Paul Sartre, and Simone de Beauvoir.
The countries that border France:
Belgium: Located to the northeast of France.
Luxembourg: Located to the northeast of France, bordering the eastern region of France.
Germany: Borders northeastern France.
Switzerland: Located to the east of France, sharing a border along the southeastern part of the country.
Italy: Borders southeastern France, along the Mediterranean coast.
Spain: Borders southwestern France, along the Pyrenees mountain range.
Andorra: A small principality located in the eastern Pyrenees between France and Spain.
Monaco: A small city-state located on the French Riviera, along the Mediterranean coast.
Additionally, France has coastlines along the following bodies of water:
The English Channel to the north, separating France from the United Kingdom.
The North Sea to the north-northeast.
The Atlantic Ocean to the west and southwest.
The Mediterranean Sea to the south.
3.METAVERSE
In News:
The G20 Conference on Crime and Security in the Age of NFTs, AI, and Metaverse will start in Gurugram, Haryana
The concept of the metaverse refers to a virtual universe or collective virtual reality space where people can interact with each other and digital environments in real-time. It is often described as a three-dimensional immersive space that incorporates elements of virtual reality, augmented reality, and the internet. In the metaverse, users can create avatars, explore virtual worlds, engage in social activities, conduct business, and experience various forms of entertainment.
Some of the potential uses of the metaverse include:
Social networking: The metaverse could be used to create a more immersive and interactive social networking experience. Users could meet up with friends in a virtual space, attend events, and participate in activities together.
Gaming: The metaverse could be used to create more immersive and engaging gaming experiences. Players could explore virtual worlds, interact with each other, and participate in quests and challenges.
Education: The metaverse could be used to create more interactive and engaging educational experiences. Students could learn about different subjects by exploring virtual worlds, interacting with digital objects, and participating in simulations.
Business: The metaverse could be used to create more immersive and interactive business experiences. Employees could collaborate on projects, attend meetings, and train new employees in a virtual space.
E-commerce: The metaverse could be used to create more immersive and engaging e-commerce experiences. Users could browse products in a virtual store, try them on, and interact with customer service representatives.
The metaverse has the potential to revolutionize the way we interact with the internet and with each other. It is still in its early stages of development, but it is clear that it has the potential to change the world.
Here are some of the challenges that need to be addressed before the metaverse can become a reality:
Technology: The metaverse will require a significant amount of technological development. This includes the development of more powerful and immersive VR and AR headsets, as well as the development of high-speed internet connections.
Interoperability: The metaverse will need to be interoperable, meaning that users will be able to move between different virtual worlds seamlessly. This will require the development of common standards and protocols.
Regulation: The metaverse will need to be regulated in order to ensure that it is safe and secure. This will require the development of new laws and regulations.
Despite these challenges, the metaverse has the potential to be a major technological breakthrough. It has the potential to change the way we interact with the internet and with each other. It is still in its early stages of development, but it is clear that it has the potential to change the world.
4.Asia’s premier digital technology exhibition
In News:
The seventh edition of Asia’s premier digital technology exhibition, India Mobile Congress (IMC) will be held from the 27th of October this year at Pragati Maidan in New Delhi.
Asia’s premier digital technology exhibition is the India Mobile Congress (IMC). It is co-hosted by the Department of Telecommunications (DoT) and Cellular Operators Association of India (COAI). The IMC is held every year in New Delhi, India.
The IMC is a major event for the telecom industry in Asia. It brings together telecom operators, vendors, startups, and government officials to discuss the latest trends and technologies in the telecom industry. The IMC also features a number of exhibition booths, where companies can showcase their products and services.
The IMC is a great opportunity for businesses to learn about the latest trends in the telecom industry and to network with other businesses in the industry. It is also a great opportunity for startups to showcase their products and services to potential investors.
The IMC is held every year in October. The 7th edition of the IMC will be held from October 27-29, 2023, at Pragati Maidan in New Delhi.
Here are some of the key themes of the IMC 2023:
5G: The IMC will focus on the latest developments in 5G technology.
Cloud computing: The IMC will explore the role of cloud computing in the telecom industry.
Artificial intelligence: The IMC will discuss the use of AI in the telecom industry.
The metaverse: The IMC will explore the potential of the metaverse for the telecom industry.
The IMC is a great event for anyone who is interested in the future of the telecom industry. It is a great opportunity to learn about the latest trends and technologies, to network with other businesses, and to showcase your products and services.
Hampi
In News:
The third Sherpas meeting under India’s G20 Presidency will begin in Hampi today in Karnataka. Chaired by India’s G20 Sherpa.
Hampi is an ancient village located in the northern part of the Indian state of Karnataka. It is renowned for its historical and archaeological significance, as it was once the capital of the Vijayanagara Empire, one of the most powerful and prosperous Hindu kingdoms in South India.
Significance of Hampi:
1. UNESCO World Heritage Site: Hampi is recognized as a UNESCO World Heritage Site due to its outstanding cultural value. It is considered an exceptional representation of the Vijayanagara architectural style and urban planning.
2. Architectural Marvels: Hampi is home to numerous splendid temples, palaces, gateways, and other structures that showcase the exquisite craftsmanship and architectural brilliance of the Vijayanagara Empire. The monuments, such as the Virupaksha Temple, Vittala Temple, and Lotus Mahal, display a unique blend of Dravidian and Indo-Islamic architectural styles.
3. Religious Importance: The temples in Hampi hold great religious significance. The Virupaksha Temple, dedicated to Lord Shiva, is one of the oldest functioning temples in India. The temple complex attracts devotees and pilgrims from all over the country.
4. Historical Legacy: Hampi provides a glimpse into the rich history and cultural heritage of the Vijayanagara Empire. It was a thriving and prosperous city during its peak, known for its trade, art, and literature. The remnants of the empire’s grandeur, including the royal enclosures, elephant stables, and the famous Hampi Bazaar, stand as a testament to its glorious past.
5. Hampi Utsav: Every year, Hampi hosts the Hampi Utsav, a grand cultural festival that celebrates the artistic and cultural traditions of the region. The festival features music, dance performances, traditional processions, and various cultural activities, attracting visitors from far and wide.
Overall, Hampi holds immense historical, architectural, and religious significance, making it a popular destination for history enthusiasts, archaeologists, architecture lovers, and spiritual seekers. It stands as a living testimony to the glorious past of the Vijayanagara Empire.