1 to 7 June CA — ca quiz Current Affairs

Surha Taal in Ballia, UP became the 100th Ramsar site of India on Environment Day.

• It is also commonly known as the Jayaprakash Narayan Bird Sanctuary.

• Tamil Nadu tops the country with the maximum number of 20 Ramsar sites.

• Uttar Pradesh stands at the second position in India with 13 Ramsar sites.

• Globally, the UK holds the top position, followed by Mexico and India.

UPI hit a record high of 23.2 billion transactions in volume during the month of May.

• In terms of value, the transactions almost reached a massive 30 lakh crore (29.90 trillion).

• India impressively contributes over 50% of the world's real-time digital payments.

• UPI accounts for roughly 85% of all digital transactions by volume within India.

• The Unified Payments Interface (UPI) was officially launched on 11 April 2016.

India's Foreign Direct Investment (FDI) reached 94.5 billion USD, an increase from the previous 81 billion USD.

• Meanwhile, India's total exports stood at a strong 863 billion USD.

• India also ranks number one globally in receiving remittances, which hit 137 billion USD.

• The fiscal deficit target has come down to 4.4% of the GDP.

• Foreign Investment according to the RBI's annual report grew by 79% to reach 52.68 trillion.

UPI tied up with Cambodia's national QR system, KHQR, which is backed by the Acleda Bank.

• The agreement was successfully signed in Cambodia's capital city, Phnom Penh.

• With this, Cambodia became the 9th country to officially enable UPI interoperability.

• NIPL (NPCI International Payments Limited), headed by Ritesh Shukla, handles these international operations.

• Other countries with UPI interoperability include France (Lyra), Singapore (PayNow), and Sri Lanka (LankaPay).

The government decided to replace the Wholesale Price Index (WPI) with the Producer Price Index (PPI) starting June 15.

• This major transition aims to align India's pricing framework with global best practices.

• The base year for the new index has been updated from 2011-12 to 2022-23.

• The number of tracked items has also increased significantly from 697 to 957.

• However, WPI data will continue to be published alongside the PPI for the next 5 years.

Sumit Antil broke his own world record by throwing the javelin to a distance of 74.82 meters.

• He achieved this remarkable feat in the F64 category at the International Para Athletics Championship held in Bengaluru.

• His previous world record in the same category was 73.29 meters.

• As a fact, a standard men's javelin weighs 800 grams, while a women's javelin weighs 600 grams.

• Sumit Antil is also a celebrated Olympic gold medalist in para-athletics.

India's equity market shifted to the 7th position globally in terms of market capitalization.

• India successfully surpassed South Korea to claim this new spot in the global financial rankings.

• In related global rankings, Elon Musk recently became the first person to cross the 800 billion net worth mark.

• India's total exports simultaneously hit a record 863 Billion USD, with engineering goods leading the chart.

• In Asia's richest list, Gautam Adani holds the first rank while Mukesh Ambani holds the third.

Prashant Sitaram Lokhande was officially appointed as the new Chairman of the CBSE.

• He replaces the outgoing head amidst recent public discussions regarding educational quality and reforms.

• The Central Board of Secondary Education (CBSE) was originally established in the year 1929.

• The headquarters of this prominent educational board is located in New Delhi.

• Additionally, a committee headed by S. Radha Chauhan is investigating CBSE's on-screen marking system.

Justice V. Mohana recently took oath as a judge of the Supreme Court of India.

• With this appointment, she has become the 12th woman judge in the history of the Supreme Court.

• She is notably only the second woman lawyer to be directly promoted from the Bar to become a judge.

• The total approved strength of Supreme Court judges has now reached a maximum of 34.

• This appointment is seen as a progressive step towards better gender representation in the judiciary.

Renowned economist Nilkanth Mishra has been appointed as the Executive Director (ED) at the World Bank.

• He will serve a dedicated three-year term at the World Bank headquarters located in Washington DC.

• He replaces Parameswaran Iyer, who previously held this prestigious Executive Director position.

• Interestingly, former RBI Governor Urjit Patel serves as an Executive Director at the IMF.

• Both the World Bank and the International Monetary Fund (IMF) are headquartered in Washington DC.