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Current Affairs for 2 April 2024

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Reserve Bank of India (RBI) Considers DIGITA to Tackle Cyber Fraud

The RBI is thinking about launching a Digital India Trust Agency (DIGITA) to combat illegal lending apps and cyber fraud. DIGITA's purpose would be to check digital lending apps, maintain a public list of approved ones, and promote transparency and accountability in this sector. India has seen a rise in cyber fraud, prompting the RBI to work with the IT Ministry and Google to validate legitimate lending apps and remove unauthorized ones from Google Play Store. DIGITA's responsibilities would include verifying these apps to ensure they comply with RBI regulations, maintaining a public list for consumers' convenience, and labeling apps without DIGITA's approval as unauthorized for law enforcement purposes.

Hockey India Awards 2023 Honors Outstanding Players

The Hockey India Awards 2023 celebrated top Indian hockey players from the previous year. Hardik Singh and Salima Tete were recognized as Players of the Year for their contributions to the sport. Hardik Singh, vice-captain of the men's team, was honored for his role in winning bronze at Tokyo 2023 Olympics and gold at Asian Games 2023. Salima Tete was awarded for her performance in the women's team, securing bronze at the Asian Games in Hangzhou.

Romania and Bulgaria Partially Join Schengen Area

Romania and Bulgaria have partially joined the Schengen Area, a significant step towards their integration with the EU. However, land border checks remain due to concerns from Austria about illegal migration. The Schengen Area, established in 1985, allows free travel across most EU countries without passport checks. Romania and Bulgaria's full accession requires unanimous support from all member states, and they have agreed to implement security screenings to combat illegal migration.

Conservation Concerns for Caracal Species

The conservation of Caracal species is a concern due to large-scale hunting, illegal trading, and habitat loss. Caracals are elusive, nocturnal animals found in several countries across Africa, the Middle East, and Asia, including India.

Organic Electrochemical Transistors for Advanced Electronics

Researchers have developed a new method to fabricate high-density and flexible Organic Electrochemical Transistors (OECTs). These transistors, based on organic materials, have advantages like low power consumption and sensing capabilities, making them suitable for biosensors and wearable devices.

Madhya Pradesh's Potential UNESCO World Heritage Sites

Six new sites from Madhya Pradesh, including Gwalior Fort and Rock Art Sites of Chambal Valley, have been added to UNESCO's tentative list of World Heritage Sites. These sites showcase India's rich cultural heritage and historical significance.

Tripura's Matabari Pera and Pachra Receive GI Tag

Two traditional items from Tripura, Matabari Pera, and Pachra, have received the Geographical Indication (GI) tag, protecting their authenticity and promoting economic opportunities for local artisans.

India's First Small-Scale LNG Unit Promotes Cleaner Energy

India's first small-scale liquefied natural gas (SSLNG) unit in Madhya Pradesh aims to reduce diesel consumption, promote cleaner energy, and support India's transition to sustainable fuel sources. SSLNG can be used in various sectors like transportation, power generation, and industrial processes, offering lower emissions and cost savings compared to traditional fuels.

Stay ahead of current affairs with SHRI RAM IAS, the best IAS coaching in Delhi or the best IAS coaching in Mukherjee Nagar! Our expert faculty keeps you updated on crucial topics at best IAS academy in Delhi like RBI's DIGITA initiative to combat cyber fraud, the latest in sports with Hockey India Awards 2023 winners, and global developments like Romania and Bulgaria's partial integration into the Schengen Area. Prepare for your UPSC exams with insights into conservation efforts for endangered species like the Caracal, advancements in technology such as Organic Electrochemical Transistors, and India's achievements like new UNESCO World Heritage Sites. Explore the world of geopolitics, environmental conservation, technological innovations, and more with SHRI RAM IAS, your gateway to success in the civil services exams!