Current Affair 27 Jan 2024

1.   Asian Buddhist Conference for Peace :
12th General
Assembly in New Delhi.

a.     
Theme: ABCP - The Buddhist Voice of Global
South, reflects India's commitment, as demonstrated through its G20 presidency
and the Voice of Global South Summit.

2.   Parakram Diwas 2024

a.     
The Prime Minister (PM) of India has
participated in Parakram Diwas (23rd January 2024) at Red Fort to mark the birth
anniversary of Netaji Subhas Chandra Bose.

b.   The PM has also launched Bharat
Parv (organized by the Ministry of Tourism), a nine-day event to
showcase India's rich diversity and exhibit different cultures.

c.     On the Occasion of Parakram Diwas,
the Centre has announced Subhash Chandra Bose Aapda Prabandhan Puraskar-2024, to honor the
invaluable contribution rendered by individuals and organisations in the field
of Disaster Management.

3.   What is Parakram Diwas?

a.     
Initiated in 2021, Parakram Diwas is an annual
celebration in India commemorating the birth anniversary of Netaji Subhas
Chandra Bose.

b.     
The term "Parakram" translates to
courage or valour in Hindi, reflecting the strong and courageous spirit of
Netaji and those who fought for India's freedom.

c.     
Marking Netaji’s 125th birth anniversary, in
2022, the hologram was installed, near India Gate, where a statue of King
George V had stood till its removal in 1968.

d.     
Later the hologram of Netaji replaced by a grand
statue on 8th September 2022 near India Gate in New Delhi.

4.   Madhika Language on Brink of
Extinction

a.     
Madhika is a language with no script and is a
blend of Telugu, Tulu, Kannada, and Malayalam.

5.   Indian Stock Market is Fourth-largest
Globally

a.     
The Indian stock market has surpassed Hong Kong
to claim the position of the fourth-largest stock market globally- as reported
by Bloomberg.

b.     
The US, China and Japan are the top stock
markets in the world.

6.   Exercise Desert Knight

a.     
Recently, the Indian Air Force (IAF) joined
forces with the French Air and Space Force (FASF) and United Arab Emirates
(UAE) Air Force in Exercise Desert Knight

b.    
Exercise Desert Knight is a joint
military exercise between India, France, and the United Arab Emirates (UAE).

c.     
The exercise took place over the Arabian
Sea, with the IAF operating from bases in India.

d.   The
exercise's main goal was to improve cooperation and interoperability between
the three air forces.