01-05-23 Daily-Gujarat-GPSC Current Affairs

Even though market volatility remained high over the last quarter, the retail investors fromGujarathave kept their faith intact in mutual fund investments.

Three cities of Gujarat – Ahmedabad (6), Vadodara (9) and Surat (11), not only figure among top 12 across India with highest assets under management in but also account for a lion’s share of 67% of the state’s AUM, as on March 31, 2023. Gujarat’s AUM stood at Rs 2.76 lakh crore in the March quarter of which Rs 1.83 lakh crore came from these three cities.
Investors from Ahmedabad are clear ahead as compared to the other two cities – with Rs 1.22 lakh crore of AUM coming from here alone. Vadodara and Surat account for Rs 33,901 crore and Rs 26,806 crore, respectively.

Modernizing the Forces for Future Challenges The primary objective of Sudarshan Shakti Exercise 2023 was to initiate the transformation of the Indian Army by embracing new technologies and adopting innovative strategies. The exercise sought to enhance the forces capabilities to effectively counter emerging threats and perform at a high tempo during operations. By integrating force multipliers, special forces, and Niche technologies such as drones, tethered drones, and loiter ammunition, the exercise aimed to create a synergistic application of combat power.

These subjects also include topics like augmented reality, Kashmiri embroidery, and application of satellites, humanity, and Covid-19.

The schools coding modules will span 12-15 hours, with a 70/30 ratio of hands-on activities to theory. Microsoft will compose the coding syllabus to ensure top-quality Education in AI and coding for pupils.

Educating younger individuals in coding and AI through the boards resolution will foster creativity, develop problem-solving abilities, and prepare them for future careers.

Additionally, Class 6 students will be taught about proper medicine storage, while Class 8 students will learn about data science.

Despite the initial concerns about the impact on the MSME sector, the European Unions carbon border tax will help export-centric sectors achieve net zero much ahead of the government deadline.

The European Union intends to bring down carbon emissions in a phased manner in order to become a net-zero emitter of greenhouse gases by 2050, ahead of 2070 when India intends to be net zero.

The Carbon Border Adjustment Mechanism (CBAM) or Carbon Border Tax is set to be implemented from October 1, 2023. In the first phase, the EU will monitor the emission levels of goods entering the market from different source countries and by 2026 the tax will be levied on goods.