Daily GK Updates - 24th January, 2019

NATIONAL UPDATES:

1.  Piyush Goyal named interim Finance & Corporate Affairs minister : Piyush Goyal was appointed interim finance minister a week ahead of the February 1 interim budget presentation, with Arun Jaitley undergoing surgery in the US.Currently the minister for railways and coal, Goyal will also be interim minister for corporate affairs, the government said.Arun Jaitley will remain a minister without portfolio.

2. National Girl Child Day being observed : The National girl child day is celebrated every year on 24th January as a national observance day for the girl child.The theme this year is 'Empowering Girls for a Brighter Tomorrow'.The Women and Child Development Ministry has organized an event in Delhi to observe the anniversary of 'Beti Bachao Beti Padhao' scheme. Women and Child Development Minister Maneka Gandhi will be the Chief Guest.The day promotes the girl’s position in society to make their living better among society people.

3. Noted Gujarati poet Sitanshu Yashashchandra awarded Saraswati Samman 2017 : Noted Gujarati poet Sitanshu Yashashchandra has been awarded Saraswati Samman,2017, for his poetry collection in Gujarati named “Vakhar”.The award comprises of a citation and a plaque apart from award money of 15 lakh rupees.Yashashchandra, recipient of the Padmashri in 2006, is known for seamlessly blending history with poetry. He has explored politics of the times, the larger and more immediate human conditions in his award-winning work "Vakhar".

4. Lance Naik Nazir Ahmad Wani to be conferred with Ashok Chakra : Lance Naik Nazir Ahmad Wani, who laid down his life during an anti-terror operation at Shopian in Kashmir in November last year, will be conferred with the Ashoka Chakra, India's highest peacetime gallantry award.Wani, 38, hailed from Ashmuji in Kulgmam. He died on November 25 during a fierce gunfight.He was a militant, but later came into the mainstream. He joined the Army in 2004.Wani was part of a number of anti-terror operations in South Kashmir, officials said.

5. 15th Pravasi Bharatiya Diwas concludes in Varanasi : 15th Pravasi Bharatiya Diwas (PBD) culminated on 23 January 2019, with the valedictory address of President Ram Nath Kovind in Uttar Pradesh.The President also conferred the Pravasi Bharatiya Samman Awards to persons of Indian origin for excellence in various fields.The three-day long convention was organized in Varanasi, the cultural and spiritual capital of India.The theme of PBD Convention 2019 was "Role of Indian Diaspora in building New India".

6. CBI files case against former ICICI Bank chief Chanda Kochhar : The CBI has booked former ICICI Bank CEO and MD Chanda Kochhar, her husband Deepak Kochhar and Videocon group MD Venugopal Dhoot in connection with alleged cheating and irregularities in loans sanctioned by the bank to the group in 2012, officials said Thursday."It was alleged that the accused sanctioned certain loans to private companies in a criminal conspiracy with others to cheat ICICI bank," the CBI spokesperson said.

7. Uttar Pradesh celebrates its 69th foundation day today : Uttar Pradesh is celebrating its 69th foundation day today.To celebrate the occasion the main function was organized at Awadh Shilp Gram in Lucknow.Uttar Pradesh Governor Ram Naik and Chief Minister Yogi Adityanath along with members of state cabinet grace the occasion.Uttar Pradesh was earlier known as United Province but through a Gazette notification, it got its name of Uttar Pradesh on January 24, 1950.

INTERNATIONAL UPDATES:

1. Venezuela announces breaking off diplomatic ties with the US : Venezuelan President Nicolas Maduro announced that the country has cut off diplomatic relations with the United States, giving American diplomats 72 hours to leave the country. The United States has rejected Maduro's move to break diplomatic ties, saying it did not think he had the authority to cut ties and it would conduct relations with a government led by opposition leader Juan Guaido. Earlier that day, US President Donald Trump said that the United States had recognized Juan Guaido as the Venezuela's "interim president," a move that came after Maduro was inaugurated as president of the Latin American country earlier this month.

2. India-set short film 'Period. End of Sentence' gets Oscars nomination : A film on menstruation, set in rural India, titled "Period. End of Sentence" has earned a nomination in the Documentary Short Subject category for the 91st Academy Awards.Award-winning filmmaker Rayka Zehtabchi has directed the short film, which has been produced by Guneet Monga's Sikhya Entertainment.The film came to being as a part of The Pad Project, started by students at the Oakwood School in Los Angeles and their teacher, Melissa Berton.

OTHER UPDATES:

BANKING/FINANCE:

1. PNB: Agyey Kumar joins as Executive Director : Agyey Kumar Azad joins Punjab National Bank as a new Executive Director.He was previously General Manager at Bank of India and was posted at Nairobi, Kenya, as Country Head.At present, PNB has two Executive Directors.The other existing Executive Director is LV Prabhakar.

2. YES Bank ties up with Maharashtra to onboard fair price shops as BCs : The Maharashtra government has partnered with private sector lender YES Bank, under its e-PDS State programme, to onboard fair price shops (FPS) as Business Correspondent Agents.“YES Bank will onboard close to 40 percent of all fair price shops in Maharashtra, spanning 12 districts such as Palghar, Thane, Pune, Kolhapur, Latur.As part of the initiative, the lender will engage fair price shops to provide banking services such as small-value cash deposits into any bank account, including domestic remittances and withdrawal from any bank account via Aadhaar-enabled payment system.

BUSINESS/ECONOMY:

1. Bihar top state in terms of GDP growth in FY18 - Crisil report : Bihar has been ranked the top state in terms of GSDP (Gross State Domestic Product) growth in financial year 2017-18, according to a report by Crisil.The state has topped the list by clocking 11.3 percent GSDP growth in fiscal 2018. It was ranked at eighth spot in fiscal 2017 with 9.9 percent GSDP growth.The second spot has been secured by Andhra Pradesh, whose GSDP growth in FY18 jumped to 11.2 percent. Gujarat listed third with growth of 11.1 percent.

2. Cabinet approves the creation of National Bench of GST Appellate Tribunal : The Union Cabinet approved the creation of a national bench of the Goods and Services Tax Appellate Tribunal (GSTAT).The GSTAT will be presided over by its president and will consist of one Technical Member (Centre) and one Technical Member (State).The bench will be located in New Delhi.The creation of GSTAT's national bench will cost one-time expenditure of Rs 92.50 lakh while the recurring expenditure will 6.86 crore per year, said Ravi Shankar Prasad, Union Minister of Law and Justice and Electronics and Information Technology.

SCIENCE AND TECHNOLOGY:

1. ISRO’s first mission of 2019 to put military satellite Microsat-R in space : The Indian Space Research Organisation (ISRO) will launch a students' satellite Kalamsat and an imaging satellite Microsat-R from the Satish Dhawan Space Centre in Sriharikota today.The national space agency's workhorse rocket, PSLV C44, carrying the satellites, is scheduled for liftoff at 11:27 pm.Kalamsat is a payload developed by students and Chennai based Space Kidz India for the first time.