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Friday, May 17, 2019

Daily GK Updates - 17th May, 2019


NATIONAL UPDATES:

1. NSG Commandos Summit Mount Everest in Maiden Attempt: Commandos of the premier counter-terror force National Security Guard (NSG) created history as they scaled the Mount Everest (world's highest peak) in their maiden attempt. A seven-member team of NSG, led by Lt Col J P Kumar, successfully unfurled the Indian flag at the 8,848-metre tall peak. Sudeep Lakhtakia is the Director General of NSG.

2. Justice A K Sikri appointed NBSA Chairperson: Justice Arjan Kumar Sikri (former judge of Supreme Court of India) has been appointed Chairperson of the News Broadcasting Standards Authority (NBSA). He succeeds Justice R.V. Raveendran who completes his term on 25th May 2019. The NBSA is a self-regulatory body that implements the Code of Ethics & Broadcasting Standards and Guidelines for its member news broadcasters.

3. Indian delegation meets Film Commissioners at Cannes Film Festival: The Indian delegation led by Information and Broadcasting Secretary ‘Amit Khare’ met Film Commissioners of participating countries at Cannes Film Festival. The delegation highlighted the opportunity of utilizing the abundant talent pool of skilled professionals and technicians and projected the possibility of India emerging as a major post-production hub. The focus of the discussion was the exploration of co-production opportunities with the participating countries and forge opportunities of collaborations for films. During the meeting, Israel proposed India to be the focus country in Jerusalem Film Festival, 2020.

4. Workshop on Artificial Bio Organs held in Visakhapatnam: Andhra Pradesh MedTech Zone (AMTZ) has organized a one-day workshop on Organ Bio Printing at the Kalam Convention Center, AMTZ Campus in Visakhapatnam. The workshop aims to strengthen Indo-Australian Cooperation and achieve the development of the 3D printing industry in both countries. The workshop explored 3D printing, an innovative technology that covers all medical disciplines and offers new opportunities in diagnostics and therapy.
Note: An artificial organ is an engineered device or tissue that is implanted or integrated into a human — interfacing with living tissue — to replace a natural organ, to duplicate or augment a specific function or functions so the patient may return to normal life as soon as possible.

INTERNATIONAL UPDATES:

1. 11th Joint Consular Committee meet between India, Iran held in Delhi: The 11th Joint Consular Committee meeting between India and Iran took place in New Delhi. Both sides discussed the early conclusion of Agreement on Mutual Legal Assistance on civil and commercial matters and extending the longer duration of e-Visa for each other nationals on reciprocity. The meeting provided an opportunity to review the status of ongoing cooperation in consular and visa related issues and to discuss ways and means to further expand people to people contacts and promote friendly exchanges between India and Iran. 

2. Donald Trump Unveils Merit-Based Immigration System: US President Donald Trump has rolled out a merit-based immigration system from which foreigners, including hundreds and thousands of Indian professionals and skilled workers, waiting to get Green Cards or permanent legal residency stand to benefit. As per the proposed system, permanent legal residency would be given based on points for their age, knowledge, job opportunities and civic sense. The proposals significantly increase the quota for skilled workers from the existing nearly 12% to 57%.

3. Taiwan Becomes First Country In Asia To Legalise Same-Sex Marriage: Taiwan has approved a bill legalizing same-sex marriage, a landmark decision that makes the self-ruled island the first place in Asia to pass gay marriage legislation. The successful bill includes limited adoption rights for same-sex couples.

4. Saudi Arabia Approves Permanent Residency for First Time: The Saudi government has approved for the first time a scheme that gives permanent residency to certain expatriates, allowing them to own real estate in the kingdom and reside with their families without a Saudi sponsor. The "Privileged Iqama" system will offer a permanent residence scheme and one that can be renewed annually to highly skilled expatriates and owners of capital funds.

5. China blocks all language editions of Wikipedia: China has broadened its block of online encyclopedia Wikipedia to include all language editions. China's online censorship apparatus 'Great Firewall' blocks a large number of foreign sites in the country, such as Google, Facebook and The New York Times. Wikipedia is a multilingual online encyclopedia with exclusively free content based on open collaboration through a model of content editing using web-based applications such as web browsers, called wiki.
Note: Wikipedia was launched on January 15, 2001, by Jimmy Wales and Larry Sanger. It is the largest and most popular general reference work on the World Wide Web and is one of the most popular websites by Alexa rank as of April 2019.

6. International Day of Light: 16 May: May 16th is celebrated globally as the International Day of Light. 2019 marks the global celebration of the second edition of the event. It is an official observance of UNESCO that provides an annual focal point for the continued appreciation of light and the role it plays in science, culture, and art, education, sustainable development, communications, and energy.

7. World Telecommunication and Information Society Day: 17 May:  The World Telecommunication and Information Society Day (WTISD) is observed every year on 17th May to mark the anniversary of the signing of the first International Telegraph Convention (ITC) and the creation of the International Telecommunication Union (ITU). The WTISD raise awareness of the possibilities that the use of the Internet and other information and communication technologies (ICT) can bring to societies and economies, as well as of ways to bridge the digital divide. The 2019 theme of WTISD is “Bridging the standardization gap”.

8. Jeffrey Rosen Confirmed As US' Next Deputy Attorney General: Jeffrey Rosen was confirmed as the United States' latest deputy attorney general by the US Senate after his predecessor, Rod Rosenstein, left the department. Rosenstein oversaw Special Counsel Robert Mueller's investigations into Russian collusion in the 2016 Presidential elections, before stepping down from his post in April.

OTHER UPDATES:

BANKING AND FINANCE

1. Ujjivan Small Finance Bank Appoints Nitin Chugh As Next MD and CEO: Ujjivan Small Finance Bank Limited has appointed Nitin Chugh as its next Managing Director and Chief Executive Officer (CEO) from December 1, 2019. Bank’s current MD and CEO, Samit Ghosh is retiring on November 30, 2019. The bank has received the approval of its application for Chugh's appointment, from the Reserve Bank of India. 

BUSINESS AND ECONOMY

1. IBM Garage To Co-Create AI-based Automation Solutions with HDFC ERGO: IBM India has tied-up with HDFC ERGO General Insurance Company, India's third-largest non-life insurance provider in the private sector, to co-create new Artificial Intelligence (AI)-based solutions. Leveraging IBM Garage that uses data-driven insights to develop end-to-end strategies and solutions for business transformation, teams from HDFC ERGO and IBM Services will work together to develop and test new solutions. 

2. BSE Launches BSE StAR MF App for Its Mutual Fund Platform: Leading stock exchange BSE has launched ‘BSE StAR MF’ app to enable more participation and help mutual fund distributors process transactions faster. As per the BSE, this mobile app supports real-time client registration and paperless transactions, creates and uploads mandate for SIPs, generates the basket of multiple orders, tracks and allows the distributor to analyse his business at his fingertips. BSE MD & CEO: Ashishkumar Chauhan.

DEFENCE

1. Indian armed forces conduct ‘Exercise Bull Strike’ at teressa Island: The military drill ‘Exercise Bull strike’ was conducted to showcase joint operations capability of the armed forces. During the exercise, the army personnel got the chance to display their prowess by undertaking company level airborne operation at Teressa island, Andaman Nicobar. 170 troops from three services carried out para drop operations in a Combat Free Fall and Static Line mode.

OBITUARIES

1. Former Prime Minister of Australia Bob Hawke passes away: Former Prime Minister of Australia Bob Hawke (89-years) passed away. He was the longest-serving Prime Minister (Labor Party) served from 1983 to 1991. He is also accredited to create Australia’s universal healthcare system ‘Medicare’.

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