Daily Current Affairs MCQs : 19 June 2023 - CUET Commerce MCQ

The Bangladesh central bank's decision to allow its currency, the Bangladeshi Taka, to float freely in June 2023 was aimed at enhancing transparency and efficiency in foreign exchange transactions. By allowing the Taka to float, its exchange rate against other major currencies will be determined by market forces of supply and demand. This move will make foreign exchange transactions more market-driven and reduce the need for interventions by the central bank to stabilize the currency's value. It is also likely to provide better price signals to businesses and investors, ultimately promoting a more open and competitive foreign exchange market in the country.

IREDA participated in the Intersolar Europe 2023 exhibition to showcase their latest solar energy projects and technologies. Intersolar Europe is one of the largest and most influential solar energy exhibitions in the world, attracting industry professionals, investors, and policymakers. By participating in such an event, IREDA aimed to highlight its commitment to renewable energy and sustainable development. It provided an opportunity to showcase their ongoing projects, technological advancements, and achievements in the solar energy sector, which could attract potential investors and partners interested in collaborating with IREDA on future renewable energy initiatives.

Akashvani (All India Radio) and Doordarshan (DD) were recognized as the most trusted electronic media organizations in India. The survey conducted by the Reuters Institute for the Study of Journalism and the University of Oxford found that these public service broadcasters enjoy a high level of trust among the Indian audience. Akashvani and Doordarshan have a long-standing history of providing news and information to the Indian population and are known for their credibility and unbiased reporting. This recognition underscores the importance of public service broadcasting in shaping public opinion and providing reliable information to the masses.

 The 146^th Rath Yatra of Lord Jagannath commenced in Puri, Odisha on June 20, 2023. Rath Yatra, also known as the Chariot Festival, is a major Hindu festival dedicated to Lord Jagannath (a form of Lord Krishna), his sister Subhadra, and his elder brother Balabhadra. During the Rath Yatra, the deities are taken out in grand processions on intricately decorated chariots, and devotees pull the chariots to their destination, the Gundicha Temple. It is a significant religious event that attracts millions of devotees from all over India and abroad.

Egypt emerged as the winner of the Squash World Cup 2023. The Squash World Cup is a prestigious international squash tournament held among national teams. Egypt, known for its strong squash players, demonstrated exceptional skill and teamwork to secure victory in the tournament. The win further solidifies Egypt's position as a powerhouse in the world of squash and showcases the country's talent and dedication to the sport.

Satwiksairaj Rankireddy and Chirag Shetty won the men's doubles title at the Indonesia Open 2023 badminton tournament. The Indonesia Open is one of the most prestigious tournaments in the badminton calendar, attracting top players from around the world. Satwiksairaj Rankireddy and Chirag Shetty, representing India, showcased their exceptional skills and teamwork to clinch the title. This victory is a significant achievement for Indian badminton and highlights the talent and potential of the players.

Rakesh Master, whose demise was reported in the news, was a renowned Telugu choreographer. He was known for his contributions to the Telugu film industry, choreographing dance sequences for numerous movies. Rakesh Master's work had a significant impact on the industry, and his choreography added flair and creativity to the songs and performances in Telugu films. His demise is a loss to the entertainment industry, and his contributions will be remembered.

Kamal Kishore Chatiwal has been appointed as the new Managing Director of Indraprastha Gas Limited (IGL). IGL is a leading natural gas distribution company in India and plays a crucial role in supplying clean and efficient fuel to households, industries, and vehicles. Kamal Kishore Chatiwal brings his expertise and experience in the energy sector to lead IGL and further contribute to its growth and expansion. His appointment reflects the company's commitment to excellence and ensuring a sustainable energy future.

England hosted the 2023 Women's Cricket World Cup. The Women's Cricket World Cup is a major international cricket tournament featuring national teams from around the world. England, known for its rich cricketing history and infrastructure, provided an excellent platform for the tournament. The event showcased the talent and skills of women cricketers and promoted the growth and popularity of women's cricket globally.

The theme of the World Environment Day 2023 celebrated on June 5th was "Ecosystem Restoration." World Environment Day is observed annually to raise awareness about environmental issues and promote global action to protect and preserve the environment. The theme for 2023 emphasized the importance of restoring and revitalizing ecosystems worldwide. It aimed to encourage individuals, communities, and governments to take initiatives that help recover and conserve ecosystems, promoting sustainable development and biodiversity conservation.