Daily Current Affairs MCQs : 27 June 2023 - Bank Exams MCQ

Michael Miebach, the CEO of Mastercard, recently joined the board of directors of the US-India Strategic and Partnership Forum (USISPF). This partnership aims to foster collaborations in various sectors, promote digital transformation, and address global challenges. Miebach's appointment highlights the significance of the US-India relationship in shaping the future of the global economy.

The United Nations designated June 27 as Micro, Small, and Medium-sized Enterprises (MSME) Day to acknowledge their significant contribution to the global economy and their role in achieving the Sustainable Development Goals (SDGs). MSMEs promote innovation, creativity, and decent work for all.

The theme for MSME Day 2023 in India is "Future-ready MSMEs for India@100." This theme emphasizes the importance of MSMEs in shaping India's future and highlights the need for these enterprises to be prepared and adaptive to upcoming challenges.

The International Institute for Management Development (IMD) released the Global Competitiveness Index for 2023. This index ranks countries based on various factors that contribute to their competitiveness in the global economy.

India's ranking in the Global Competitiveness Index dropped three spots in 2023 compared to the previous release. It went from the 43rd position to the 40th position. While there was an improvement from the previous ranking, there is still room for further progress.

Mastercard has expertise in advancing the global digital economy, particularly in the field of e-commerce. As the CEO of Mastercard, Michael Miebach's appointment to the board of directors of the US-India Strategic and Partnership Forum (USISPF) highlights his experience in this area.

According to the Global Competitiveness Index, India needs to focus on enhancing digital skills and strengthening public institutions for improvement. While progress has been observed in government efficiency, there is a lag in areas such as business efficiency and infrastructure.

Denmark secured the top position in the 2023 Global Competitiveness Index. This indicates that Denmark is considered the most competitive country in terms of factors such as productivity, innovation, and business environment.

The International Astronomical Union (IAU) designated June 30 as International Asteroid Day. This day is observed to raise awareness about asteroids, their potential impact on Earth, and the importance of asteroid research and planetary defense.

The primary purpose of the US-India Strategic and Partnership Forum (USISPF) is to address global challenges and strengthen bilateral ties between the United States and India. The forum aims to facilitate collaborations in various sectors and promote sustainable economic growth.