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Current Affairs for 22 April 2024

Current Affairs for 22 April 2024 Banner - The Best IAS Coaching in Delhi | SHRI RAM IAS Study Centre

Sweden Joins Artemis Accords

Sweden recently became the 38th country to join the Artemis Accords, a set of non-binding principles aimed at guiding civil space exploration. The Accords, based on the Outer Space Treaty of 1967, establish norms for outer space activities and promote international cooperation in space exploration endeavors.

World Craft City Title for Srinagar

Srinagar is in the spotlight as it is being considered for the prestigious World Craft City (WCC) title by the World Crafts Council International (WCCI). This initiative, launched in 2014, recognizes the contributions of local authorities, craftspeople, and communities to cultural, economic, and social development globally.

Green Credit Program by MoEFCC

The Ministry of Environment Forest and Climate Change (MoEFCC) has emphasized the importance of ecosystem restoration through the Green Credit Program (GCP). Under this innovative program, priority is given to restoring ecosystems over mere tree planting, aligning with the 'LiFE' initiative announced during COP26. Individuals, communities, and private sector entities can contribute to environmental sustainability through various activities like tree planting, water resource management, sustainable agriculture, waste management, and more.

Advance Pricing Agreements by CBDT

The Central Board of Direct Taxes (CBDT) has achieved a significant milestone by signing 125 Advance Pricing Agreements (APAs) during the fiscal year 2023-24. These agreements provide certainty to taxpayers regarding transfer pricing regulations, reducing risks associated with transaction prices and double taxation. The APA program supports India's mission of promoting ease of doing business, especially for Multinational Enterprises (MNEs) engaged in cross-border transactions.

Euvichol-S: New Oral Vaccine for Cholera

The World Health Organization (WHO) has prequalified Euvichol-S, a new oral vaccine for Cholera, marking a crucial advancement in combating this global health threat. Euvichol-S is part of the family of cholera vaccines listed by WHO and offers simplified yet effective protection against this virulent disease.

Meta Llama 3: Advanced Language Model by Meta

Meta has unveiled its most capable Large Language Model (LLM), the Meta Llama 3, showcasing significant progress in AI capabilities. This model, based on the Llama 2 architecture, supports complex interactions and is integrated into various platforms like Facebook, Instagram, WhatsApp, and Messenger, enhancing user experiences across these platforms.

Global Financial Stability Report by IMF

The International Monetary Fund (IMF) has released its latest global financial stability report, highlighting risks such as persistent high inflation, unregulated credit market lending, and increasing cyber-attacks on financial institutions. The report emphasizes the need for prudent financial management to mitigate these risks and ensure global financial stability.

Global Mass Coral Bleaching

The US National Oceanic and Atmospheric Administration (NOAA) has raised concerns about the fourth global mass coral bleaching event triggered by extraordinary ocean temperatures. This event threatens coral reefs, essential marine ecosystems that support diverse marine life and play a crucial role in maintaining ecological balance.

Soil Acidification in India

Recent reports have highlighted the impact of soil acidification on over 30% of cultivable land in India, affecting plant growth and soil health. Soil acidification, accelerated by agricultural practices, underscores the importance of sustainable soil management practices to preserve soil fertility and ecosystem services.

Longevity India Initiative by IISc

The Indian Institute of Science (IISc) has launched the Longevity India Initiative, focusing on extending human 'healthspan' and addressing ageing-related challenges. This initiative integrates advanced research, clinical studies, and technological interventions to promote healthy ageing and improve quality of life for India's ageing population.

Bitcoin Halving Event

The cryptocurrency community anticipates the upcoming Bitcoin halving event, which aims to decrease the pace of generating new bitcoins and maintain the finite supply of 21 million tokens. This event, occurring roughly every four years, impacts mining rewards and the overall supply dynamics of Bitcoin, influencing its market and ecosystem.

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