Current Affairs - March 25, 2024 Current Affairs

The Prevention of Money Laundering Act, of 2002, along with its Rules, came into force on July 1, 2005. This Act was enacted by the NDA government to combat money laundering activities and facilitate the confiscation of property obtained through such illegal means.

The solar equinox occurs twice annually, approximately around March 20 and September 23. This phenomenon marks the moments when the Sun is directly over Earth's equator, resulting in equal day and night lengths due to the Earth's axial tilt and orbit around the Sun.

The United Nations General Assembly (UNGA) adopted the first global resolution on Artificial Intelligence (AI). This resolution, proposed by the USA and co-sponsored by China and over 120 other nations, aims to safeguard human rights, protect personal data, and monitor AI for potential risks. The UNGA, headquartered in New York and founded in 1945, is chaired by Dennis Francis.

FSSAI is planning to establish 34 microbiology labs across India to test food for pathogens, aiming to address issues related to food poisoning and diarrhoeal diseases. This initiative is part of FSSAI's efforts to monitor and reduce microbial contamination in food products.

Kumar Venkatasubramanian has been announced as the new Chief Executive Officer (CEO) of P&G India, effective from May 1, 2024. He brings significant experience with P&G, having served in various roles, including leading the sales team in P&G India and later as CEO of P&G Australia and New Zealand.

The headquarters of UNESCO is located in Paris, France. UNESCO, founded in 1945, is responsible for designating and preserving World Heritage Sites globally. Some of the newly included heritage sites from Madhya Pradesh in the tentative UNESCO list are Gwalior Fort, Dhamnar rock-cut caves, Bhojeshwar Mahadev Temple in Bhojpur, Chambal valley rock art site, Khooni Bhandara-Burhanpur, and Ramnagar and Mandla Gond sites. Audrey Azoulay serves as the current Director-General of UNESCO.

Bhushan Gagrani has been appointed as the new Commissioner of the Brihanmumbai Municipal Corporation by the Election Commission of India. This appointment is part of recent developments in Maharashtra's civic administration, which also includes appointments for Thane and Navi Mumbai.

The insurance sector in India has attracted a massive Rs 53,900 crore as Foreign Direct Investment (FDI) in the last 9 years, according to Financial Services Secretary Vivek Joshi. This substantial FDI influx reflects investor confidence and interest in the Indian insurance market.

The partnership between the National Cadet Corps (NCC) and Nuclear Power Corporation of India Limited (NPCIL) aims to promote the peaceful use of nuclear power across India. This initiative focuses on educating and sensitizing the public about the scientific and beneficial aspects of nuclear energy for peaceful purposes.

The Lancet study projects India's fertility rate to drop to 1.29 in 2050, down from just under 2 in 2021. This significant decline is part of a global trend where the Total Fertility Rate (TFR) has decreased from over 4.8 children per woman in 1950 to 2.2 in 2021, with further reductions predicted in the future.

Kiren Rijiju was appointed with an additional charge as the Minister of Food Processing Industries after Pashupati Kumar Paras resigned from the Union Cabinet due to RLJP's exclusion from the NDA seat-sharing deal in Bihar for the upcoming Lok Sabha elections. President Droupadi Murmu accepted Paras's resignation and appointed Rijiju to oversee the Food Processing Industries portfolio.