Current Affair 1:

What is International Classification of Diseases?

 

News:

World Health Organization’s International Classification of Diseases (ICD) 11 TM Module 2, Morbidity Codes launch event will be held in New Delhi on 10th January, 2024.

International Classification of Diseases (ICD) has been the basis for comparable statistics on causes of mortality and morbidity between places and over time. Originating in the 19th century, the latest version of the ICD, ICD-11, was adopted by the 72nd World Health Assembly in 2019 and came into effect on 1st January 2022.  

Why is the ICD important?

The ICD is important because it provides a common language for recording, reporting and monitoring diseases. This allows the world to compare and share data in a consistent and standard way – between hospitals, regions and countries and over periods of time.

It facilitates the collection and storage of data for analysis and evidence-based decision-making.

Who uses it?

Users include physicians, nurses, other providers, researchers, health information managers and coders, health information technology workers, policy-makers, insurers and patient organizations.

ICD has been translated into 43 languages and it is being used by all member States. Most countries (117) use the system to report mortality data, a primary indicator of health status.

 

All Member States are expected to use the most current version of the ICD for reporting death and disease statistics (according to the WHO Nomenclature Regulations adopted by the World Health Assembly in 1967).

Current Affair 2:

Pravasi Bharatiya Divas

 

News:

Pravasi Bharatiya Divas (PBD) is celebrated on 9th January every year since 2003 to mark the contribution of Overseas Indian community in the development of India.

January 9 was chosen as the day to celebrate this occasion since it was on this day in 1915 that Mahatma Gandhi, the greatest Pravasi, returned to India from South Africa, led India’s freedom struggle, and changed the lives of Indians forever.

Since 2015, its format has been revised to celebrate the PBD once every two years and to hold theme-based PBD Conferences during the intervening period with participation from overseas diaspora experts, policy makers and stakeholders.

These conventions provide a platform to the overseas Indian community to engage with the government and people of the land of their ancestors for mutually beneficial activities.

Seventeen PBDs

To connect India to its vast overseas diaspora and bring their knowledge, expertise and skills on a common platform, the PBD Convention - the flagship event of Ministry of External Affairs is organized from 7th-9th January every year since 2003.

Seventeen PBDs have been held in various places of India so far as follows:

Regional Pravasi Bhartiya Divas (RPBD)

Ministry has been organizing Regional Pravasi Bharatiya Divas Conferences (RPBD) to reach out to a vast majority of our diaspora, who for various reasons, are unable to attend the main biennial event in India and benefit from its deliberations. This is in response to a strong and persistent demand for holding such events regionally.

So far, ten RPBDs have been held as per details below:

Current Affair 3:

Henley Passport Index 2024

 

The Henley Passport Index is the original, authoritative ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The index is based on exclusive data from the International Air Transport Association (IATA) – the largest, most accurate travel information database – and enhanced by Henley & Partners’ research team.

Ranking:

In 2023, India’s position was:

Afghanistan occupies the bottom spot on the list, with access to just 28 countries without a visa.

Current Affair 4:

What is Momentum investing?

 

News:

Momentum investing refers to a style of investing wherein investors purchase assets such as stocks or bonds that are consistently rising in price while selling assets whose prices are falling. Momentum investors buy assets with rising prices in the hope that the upward price momentum of these assets would continue, thus allowing them to sell these assets at higher prices in the future to make profits.

Similarly, they sell assets that are falling in price expecting the fall in prices to continue for some time.

Momentum investing is based on the philosophy that there can be discernible trends in asset prices and that these trends tend to persist over time. The persistence of such trends gives investors an opportunity to recognise and participate in them early enough to make significant profits from their investments.

 

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