Daily GK Update - 31st May 2023 Current Affairs

                                                        Current Affairs

                                                        National Affairs

India is going to host the SCO Head of State on 4th July.

• India is all set to host the Shanghai Cooperation Organisation Head of State Meeting in a virtual format.
• The SCO has eight members, including China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Uzbekistan, and Tajikistan. Iran is set to join the SCO.

Odisha launches ‘Mo Ghara Scheme’.

• Chief Minister of Odisha Naveen Patnaik has launched the ‘Mo Ghara Scheme’.
• Under this scheme, low or lower-middle-income people will be provided financial assistance.

                                                       International Affairs

The government of India provides 1 billion $ of the line of credit to Srilanka.

• The Indian government has extended a line of credit worth 1 billion $ to crisis-hit Srilanka.
• India is providing a line of credit of 1 billion $ for the second time. The Indian government has already provided a line of credit of 1 billion $.

King Sihamoni of Cambodia is on his first visit to India.

• Preah Bat Samdech Preah Boromneath Norodom Preah Bat Samdech Preah Boromneath Norodom Sihamoni, the King of Cambodia is on a visit to India.

China sent three astronauts to its Tiangong space station on Tuesday, putting a civilian into orbit for the first time.

• China sent three astronauts to its Tiangong space station on Tuesday, putting a civilian into orbit for the first time.
• China was the third country to put humans in orbit.

                                                             Economy

Nividia becomes the 6th company to achieve the mark of $ 1 trillion.

• Nividia which is a chipmaker company has become the 6th largest company in the world after Apple, Microsoft, Aramco, Alphabet, and Amazon.

          Source- Money Control

• Nvidia has recently become the only chipmaker company that produces chips specially designed to power AI supercomputers.

India has become the fifth-largest stock market in the world after replacing France.

• India reclaimed its spot as the world's fifth-largest stock market.
• This position was achieved mainly due to a revival in Adani Group stocks.
•  The market capitalization of India stood at $3.3 trillion

Yes Bank has launched a new logo and a new tagline.

• The new tagline of Yes Bank is ‘Life Ko Banao Rich’.

                                                                 Sports

Jyothi wins gold medal in women’s 100m hurdles race in Netherlands.

• National record­holder Jyothi Yarraji won the women’s 100m hurdles gold medal in 13.08s  in the Netherlands.