Today Current Affairs Oneliner 19th July 2023 (English): 

• According to an article in the Reserve Bank of India’s (RBI’s) latest monthly bulletin, India’s real Gross Domestic Product (GDP) needs to grow at 7.6% per annum over the next 25 years for it to become a developed country by 2047-48.
• The Deposit Insurance and Credit Guarantee Corporation (DICGC) has asked all insured banks to display the DICGC Logo and QR code (quick-response code) linked to its website on the banks’ internet banking portals and websites.
• The Insurance Regulatory and Development Authority of India (IRDAI) has selected Tata AIG General Insurance Company Limited. as the non-life insurer for the State of Maharashtra to initiate and drive activities in collaboration with all other non-life and health insurance companies to increase insurance penetration in the State in line with its vision “Insurance for all by year 2047”.
• The incremental credit-deposit (C/D) ratio of all scheduled banks decreased to 63.7% in Q1 of FY24.
• The Bank of India (BoI) inaugurated its IFSC Banking Unit (IBU) in the International Financial Services Centre at GIFT SEZ area in Gandhinagar, Gujarat.
• The Union Minister of Consumer Affairs, Food & Public Distribution, Textiles and Commerce and Industry, Shri Piyush Goyal launched the sale of subsidised chana dal under the brand name ‘Bharat Dal’ at the rate of Rs 60 per kg for one kg pack and Rs 55 per kg for 30 kg pack.
• The Union government has established a new oversight mechanism to review data from the National Statistical Office (NSO).
• The first-ever Foreign Ministers’ meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) started in Bangkok, Thailand.
• The Ministry of Finance (MoF) has appointed Pramod Rao, Executive Director of Securities and Exchange Board of India (SEBI), as a Member in the Board of International Financial Services Centre Authority (IFSCA). 
• An Indian Army contingent comprising 43 personnel left for Mongolia to take part in a joint military exercise 15th edition'Nomadic Elephant 2023' between India and Mongolia.
• The Indian Army signed the contract for procurement of Tactical Access Switch with Tata Advanced Systems Limited, continuing with the commitment towards the 'Make in India' initiative.
• The Union Finance Minister Smt Nirmala Sitharaman announced that India and the Organisation for Economic Cooperation and Development (OECD) are launching a pilot programme on tax and financial crime investigation for South Asia from July 18, 2023.
• Tamil Nadu (TN) topped the 3rd edition of the NITI Aayog’s Export Preparedness Index 2022 with an overall score of 80.89, piping Maharashtra (78.20) and Karnataka (76.36).
• The Indian Institute of Technology (IIT), Kharagpur, is developing a tamper-proof signalling system based on blockchain technology for the Indian Railways.