JUNE 2023 – CURRENT AFFAIRS

1. XPoSat, India’s first polarimetry mission, is being built by which institution?

Answer: ISRO
Notes:
XPoSat (X-Ray Polarimeter Satellite) is India’s first polarimetry mission. It is currently being
built by ISRO and Raman Research Institute. According to ISRO, “XPoSat will study various
dynamics of bright astronomical X-ray sources in extreme conditions” and will carry two
payloads. It is only the world’s second polarimetry mission to study various dynamics of bright
astronomical X-ray sources in extreme conditions.
2. Which country has launched USD 17 billion project known as the ‘Route of Development’?
Answer: Iraq
Notes:
Iraq presented an ambitious plan to turn itself into a regional transportation hub by developing
its road and rail infrastructure, linking Europe with the Middle East. Once completed, the $17
billion project known as the ‘Route of Development’ would span the length of the country,
stretching 1,200 km from the northern border with Turkiye to the Gulf in the south.
3. Which state government launched the ‘Namo Shetkari Mahasanman Yojana’?
Answer: Maharashtra
Notes:
Namo Shetkari Mahasanman Yojana was rolled out recently by the Maharashtra government.
The scheme is on the lines of the PM Kisan Samman Nidhi under which farmers get ₹6,000 a
year as minimum income support. Once approved, the farmers in the state will be able to get a
sum of ₹12,000 every year.
4. Which institution is set to introduce the ‘Expected Loss-based Approach for Bad Loan
Provisioning’?
Answer: RBI
Notes:
The Reserve Bank of India (RBI) is planning to introduce expected loss-based approach for
provisioning during 2023-24. It will help strengthen India’s bad loan resolution ecosystem.
This will enable banks to design their own credit loss models and spread the higher provisions
over a five-year period.
5. Which institution decided to set up the ‘Global Alliance for Drowning Prevention’?
Answer: WHA
Notes:
The WHA recently decided to set up the Global Alliance for Drowning Prevention. Its purpose
is to prevent drowning worldwide. This is the first alliance to address global public health
concerns on the issue until 2029. The resolution asked member states to study national
drowning scenarios within each country and implement policies and programmes to reduce
risks.
6. Which Union Ministry implements the City Investments to Innovate, Integrate and Sustain 2.0
(CITIIS 2.0)?
Correct Answer: B [Ministry of Housing and Urban Affairs]
Notes:
The Union Cabinet has approved the City Investments to Innovate, Integrate and Sustain 2.0

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(CITIIS 2.0).
CITIIS 2.0 is a program conceived by the Ministry of Housing and Urban Affairs (MoHUA)
in partnership with the French Development Agency (AFD), KfW, the European Union (EU),
and National Institute of Urban Affairs (NIUA). The program will run for a period of four
years, from 2023 till 2027.