Daily GK Updates - 27th August, 2019

NATIONAL UPDATES:

1. HRD Ministry launches National Digital Library of India: Human Resource Development Ministry under its National Mission on Education through Information and Communication Technology (NMEICT) has launched the National Digital Library of India project. It is to develop a framework of virtual repository of learning resources with a single-window search facility. As of now, there are more than 3 crore digital resources available through the National Digital Library. More than 50 lakh students have registered themselves in the National Digital Library with about 20 lakh active users. National Digital Library has been integrated with UMANG App and users can register through www.ndl.gov.in or through the mobile app

Note: Union Minister of Human Resource Development: Ramesh Pokhriyal 'Nishank'.

2. 4th edition of the Internet of Things (IoT) India Congress 2019: The 4th edition of India’s largest confluence of digital technology, the Internet of Things (IoT) India Congress 2019 held in Bengaluru, Karnataka with the theme of  ‘Mainstreaming the Internet of Things’.  It was inaugurated by Shri Ajay Prakash Sawhney, Secretary, Ministry of Electronics & Information Technology, Government of India (GoI). The IoT India Congress 2019 will include tracks on segments such as healthcare, manufacturing, telecom, smart cities, energy, retail, cybersecurity, skills and development, IoT Standards, legal and regulatory, and agriculture.

3. 7th 'Community Radio Sammelan' being held in New Delhi: The seventh “Community Radio Sammelan” is being held at Ambedkar Bhawan, New Delhi from 27th to 29th August, 2019. It is being organized by Ministry of Information and Broadcasting and the theme of this year's Sammelan is 'Community Radio for SDGs'. The 'Sammelan' will witness participation of all operational community radio stations across the country. Representatives of the community radio stations will discuss experiences and possibilities of programming for spreading public awareness on the Sustainable Development Goals in a better way. Union minister Prakash Javadekar wil present National Community Radio Awards 2019 on this occasion.

4. Department of Social Justice & Empowerment and NACO signed an MoU: National AIDS Control Organisation (NACO) and Department of Social Justice and Empowerment (DoSJE) has signed a MoU. This MoU is to enhance outreach on AIDS prevention, address the risk of HIV transmission among all substance users and empower the discriminated and vulnerable groups such as victims of HIV/AIDS, drug abuse and female sex workers. The MOU will also catalyze in achieving the national goals and objectives of HIV prevention and impact mitigation. 

Note: AIDS Control Organisation (NACO), under Ministry of Health and Family Welfare, and Department of Social Justice and Empowerment (DoSJE) is under Ministry of Social Justice & Empowerment (MoSJE).

5. Feroz Shah Kotla Stadium to be renamed as Arun Jaitley Stadium: The Delhi and District Cricket Association (DDCA) decided to rename Feroz Shah Kotla Stadium as Arun Jaitley Stadium in the memory of its former president of DDCA. Jaitley was the president of DDCA from 1999 to 2013. The renaming of the stadium will take place in September.

Note: President of DDCA:  Rajat Sharma; Headquarter of DDCA: Delhi.

INTERNATIONAL UPDATES:

1. PM Modi launches $4.2 mn redevelopment project of Hindu temple in Bahrain: Prime Minister Narendra Modi during his two-day visit launched the $4.2 million redevelopment project of the 200-year-old Sri Krishna temple in the Bahraini capital, Manama. Modi, the first Indian Prime Minister to visit the key Gulf nation, offered prayers at the Shreenathji Temple in Manama. The heritage and the 200-year-old legacy of the temple will be highlighted in the redevelopment and the new iconic complex will house the sanctum sanctorum and prayer halls.

2. Boeing delivers 11th C-17 Globemaster to India: American aerospace major Boeing delivered the 11th C-17 Globemaster III transport aircraft to the Indian Air Force, boosting its strategic airlift capabilities. The C-17 Globemaster III is a premier transport aircraft. The massive, sturdy, long-haul aircraft can carry large combat equipment, troops and humanitarian aid across long distances in all weather conditions. The C-17 fleet has been a vital part of the IAF’s strategic and combat airlift capability. Boeing has been maintaining IAF’s C-17 fleet through techno-logistics support and training for aircrew that operate the platform.

OTHER UPDATES:

BANKING & FINANCE

1. Indian Bank signs MoU with Tata AIG: Public sector Bank, Indian Bank signed a Memorandum of Understanding (MoU) with Tata AIG General Insurance. The agreement was signed in the presence of Ms Padmaja Chunduru MD and CEO of Indian Bank and Mr Saurabh Maini, Senior Vice President and Business Head-Key partnership Group, Tata AIG General Insurance. This MoU offers the latter’s diverse range of general insurance policies benefiting the bank’s customers by way of protection, wealth creation and savings. Tata AIG General Insurance will work with the bank for sales training, product support and ensuring smooth operational processes, all leading to seamless service to customers.

Note: CEO of Indian Bank: Padmaja Chunduru; CEO of Tata AIG General Insurance:  Neelesh Garg.

2. RBI to transfer Rs 1.76 lakh crore from surplus reserve to government: The Reserve Bank of India (RBI) has approved the transfer of record Rs 1.76 lakh crore dividend and surplus reserves to the government, This fund will comprise Rs 1,23,414 crore of surplus for the year 2018-19 and Rs 52,637 crore of excess provisions identified as per the revised Economic Capital Framework (ECF). The receipts from the RBI will give a stimulus to the government's efforts to boost the economy from a five-year low. It is the highest-ever surplus amount transferred by the RBI to government. Since 2013-14, the RBI has been paying 99 per cent of its disposable income to government.

Note: Governor of RBI: Shaktikant Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.

3. SIDBI partnered with Incuspaze to open co-working space for MSMEs: Small Industries Development Bank of India (SIDBI) has partnered with Incuspaze Solutions Private Limited (Incuspaze) to open a first-of-its-kind co-working space. This co-working space, named @Workspaze exclusively designed for MSMEs and startups. This coworking space is fully furnished office equipped with training and conference room, fast-speed internet, reception, refreshment, recreational area, housekeeping facilities etc.

Note: Founder and CEO of Incuspaze Solutions: Sanjay Choudhary; Chairman of SIDBI: Mohammad Mustafa.

BUSINESS AND ECONOMY

1. Intel launches first artificial intelligence chip Springhill: Intel Corp has launched its latest processor, its first using artificial intelligence (AI), designed for large computing centres. The chip, developed at its development facility in Haifa, Israel, is known as Nervana NNP-I or Springhill. It is based on a 10 nanometre Ice Lake processor that will allow it to cope with high workloads using minimal amounts of energy.

Note: Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley.

Ceo of Intel: Robert H. Swan; Intel established: 18 July 1968.

2. Microsoft and ISB partner to advance AI skilling in India: The Indian School of Business (ISB) and Microsoft India announced a new partnership to take forward their shared vision for an AI-empowered India at an event in Hyderabad. Through the creation of the AI Digital Lab, the two organizations will collaborate in research which will use Artificial Intelligence (AI) and Machine Learning (ML) to study issues that are relevant for business and public policy. The partnership will also jointly introduce a new executive program titled “Leading Business Transformation in the Age of AI" in October 2019 which will equip business leaders with tools and strategies to transform their respective organizations to AI-driven organizations. Professor Rajendra Srivastava, Dean, Indian School of Business and Anant Maheshwari is President Microsoft India.

3. Amazon India launches Military Veterans Employment programme: E-commerce giant Amazon India has launched a Military Veterans Employment programme in the country that will create employment opportunities for military veterans and their spouses across the company’s fulfilment centres, sort centres and delivery centres in India. Amazon India is partnering with the office of the Director General of Resettlement (DGR) and the Army Welfare Placement Organisation (AWPO) to create continued work opportunities for military families across the country. Globally, Amazon has over 17,500 military veterans and spouses actively engaged in the programme.

Note: CEO of Amazon: Jeff Bezos

4. Microsoft to train 5000 govt employees on AI, cloud:  Microsoft India launched a program under which it will train 5000 government employees over the next year on AI (artificial intelligence) and cloud computing skills. This program was inaugurated by Amitabh Kant, chief executive of NITI Aayog. The program, called 'Digital Governance Tech Tour', will comprise of physical and virtual workshops. The program will be open for technocrats and IT professionals across the government, including employees of Public Sector Undertakings (PSUs).

AWARDS AND HONOURS

1. Tenzing Norgay National Adventure Award 2018 Announced: Tenzing Norgay National Adventure Awards 2018 has been announced. The award is given in four categories namely, Land Adventure, Water Adventure, Air Adventure and Life Time Achievement. This award is given every year to recognize the achievements of persons in the fields of adventure, to encourage young people to develop the spirit of endurance, risk–taking, cooperative teamwork and quick, ready and effective reflexes in challenging situations. Based on the recommendations of the Selection Committee and after due scrutiny, the Government has decided to confer awards upon the following:

Land Adventure: Aparna Kumar, Shri Dipankar Ghosh, Shri Manikandan K

Water Adventure: Prabhat Raju Koli

Air Adventure: RameshwerJangra

Life Time Achievement: Wangchuk Sherpa

The awardees will receive their awards from the President of India along with other Sports Awardees at the Rashtrapati Bhawan on 29th August, 2019.

They will receive statuettes, certificates and award money of Rs. 5 lakh each.

Note: Edmund Percival Hillary and Nepalese Sherpa mountaineer Tenzing Norgay became the first climbers in the world who reached the summit of Mount Everest.

OBITUARIES

1. Kanchan Chaudhary Bhattacharya, India’s first woman DGP, passes away: Kanchan Chaudhary Bhattacharya, India’s first woman Director General of Police (DGP), passed away following an illness in Mumbai. Bhattacharya, a 1973 batch officer, made history in 2004 when she was appointed as the DGP of Uttarakhand. Thus she became the first woman in the country to hold such position. She was also the second woman IPS officer in the country, the first being Kiran Bedi.