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Thursday, June 24, 2021

Daily GK Update- 24th Jun, 2021

 

NATIONAL UPDATES:

 

1. PM Modi launches crash course to train one lakh ‘Covid warriors’: Prime Minister Narendra Modi has launched a crash course to train more than one lakh “Covid warriors” as he called on the country to be prepared for challenges the coronavirus pandemic may pose in the future. The programme will be to be carried out from 111 training centres spread across 26 states. Amid all these efforts, skilled manpower is critical. For this and to support the current force of coronavirus warriors, one lakh youths are being trained. This training should be over in 2-3 months. The training will be imparted to Covid warriors in six customised job roles — Home Care Support, Basic Care Support, Advanced Care Support, Emergency Care Support, Sample Collection Support, and Medical Equipment Support. This will include fresh skilling as well as upskilling of those who have some training in this type of work.

 

2. Ease of Living Index: Bengaluru ‘most liveable’ city: Bengaluru has been named as the most liveable city of India, in the Ease of Living Index 2020, released by the Centre for Science and Environment (CSE). The Ease of Living Index 2020 is part of the report titled State of India’s Environment 2021. Bengaluru is followed by Chennai, Shimla, Bhubaneshwar, and Mumbai, as the top five best cities respectively.

 

3. Naveen Patnaik releases BishnupadaSethi’s ‘Beyond Here and Other Poems’: Chief Minister Naveen Patnaik released a book of poems ‘Beyond Here and Other Poems’ written by senior bureaucrat BishnupadaSethi. It is a collection of 61 poems that are a reflection of a spectrum of experiences of life, perception of death and philosophical contemplation. Noted writer Haraprasad Das has written the preface. The cover design of the 161-page book has been made by eminent artist GajendraSahu. Sethi, Principal Secretary in the Information and Public Relations department has written several poetry and other books including ‘My World of Words’ and ‘Beyond Feelings’.

 

4. India’s Rank 120th in Sustainable Development Report 2021: According to the 6th Edition of ‘Sustainable Development Report 2021 (SDR 2021)’ released by Sustainable Development Solutions Network (SDSN), India with a score of 60.1 has been placed at 120th rank out of 165 countries. Finland topped the Index followed by Sweden & Denmark.

SDR Report: SDR is an annual report which ranks the 193 UN member countries based on their performance against the 17 Sustainable Development Goals (SDG). It has been released since 2015 and is based on official data sources (UN, World Bank, etc.) and non-official data sources (research institutions and non-governmental organizations).

Note: Sustainable Development Solutions Network President: Jeffrey Sachs; Sustainable Development Solutions Network Headquarters: Paris, France & New York, USA.

 

INTERNATIONALUPDATES:

 

1. EbrahimRaisi wins Iran’s 2021 Presidential Election: EbrahimRaisi has won the 2021 Iranian presidential election, winning 62 per cent of the vote with about 90 per cent of ballots counted. The 60-year-old Raisi will succeed Hassan Rouhani in August 2021, to begin his four-year term. He is also the Chief Justice of Iran since March 2019.

Note: Iran Capital: Tehran; Iran Currency: Iranian Toman.

 

2. European Space Agency (ESA) will launch world’s first wooden satellite: The European Space Agency (ESA) has planned to launch the world’s first wooden satellite. It is going to be launched from New Zealand. It will be launched from a Rocket Lab Electron rocket by the end of 2021. The satellite is the brainchild of JariMakinen.

About the Satellite: The satellite, WISA Woodsat, is a nanosatellite. It is 10cm on each side, length, height, and width. The sensors of the satellite have been developed by the European Space Agency (ESA) and designers have placed the wood in a thermal vacuum chamber to keep it dry. A very thin aluminium oxide layer has been used to minimize the vapour coming from the wood and to protect it from the erosive effects of atomic oxygen. The non-wooden external parts are made up of aluminium rails.

Note: European Space Agency Headquarters: Paris, France; European Space Agency Founded: 30 May 1975, Europe; European Space Agency CEO: Johann-Dietrich Worner.

 

3. India maintains 43rd rank on IMD’s World Competitiveness Index 2021: India maintained 43rd rank on an annual World Competitiveness Index compiled by the Institute for Management Development (IMD) that examined the impact of COVID-19 on economies around the world this year. The IMD World Competitiveness Ranking ranks 64 economies and assesses the extent to which a country promotes the prosperity of its people by measuring economic well-being through hard data and survey responses from executives.

Index:

Rank 1: Switzerland

Rank 2: Sweden

Rank 3: Denmark

 

4. World’s Third-Largest Diamond Unearthed in Botswana: A 1,098-carat diamond has been discovered in Botswana, by Debswana Diamond Company, a joint venture between the government of Botswana and the South African diamond company De Beers. The newly discovered diamond is believed to be the third-largest gem-quality stone ever to be mined in the world. The stone has been presented by Debswana Diamond Company to the President of Botswana, MokgweetsiMasisi. The largest diamond to be recovered to date is 3,106 carat Cullinan stone in South Africa in 1905, followed by the 1,109 carats Lesedi La Rona unearthed by Lucara Diamonds in Botswana in 2015.

 

OTHER UPDATES:

 

SPORTS

 

1. Weightlifter Laurel Hubbard will be first trans athlete to compete at Olympics: The New Zealand weightlifter Laurel Hubbard is poised to make history and headlines, as well as significant controversy, after being confirmed as the first transgender athlete to compete at an Olympic Games. The 43-year-old, who will be the fourth oldest weightlifter at an Olympics, is regarded as a genuine medal contender in the women’s super-heavyweight 87kg-plus category in Tokyo. But while her inclusion has been welcomed by trans groups, it has also been questioned by those who believe she has unfair advantages in strength and power, having gone through male puberty before transitioning in 2012.

 

BANKING AND FINANCE

 

1. SEBI reconstitutes Four-member Takeover Panel: Markets regulator Security and Exchange Board of India (SEBI) has reconstituted its four-member Takeover Panel. The Takeover Panel looks into the applications that seek exemption from the mandatory open offer that an acquirer needs to make to minority shareholders. SEBI has appointed N Venkatram MD and CEO, Deloitte India as the new member of this Takeover Panel. SEBI had first constituted this Takeover Panel in November 2007, under the chairmanship of former Bank of Baroda chairman K Kannan.

The Members of the Panel are:

(1) Chairman: Justice N. K. Sodhi (Former Chief Justice of High Courts of Karnataka & Kerala and Former Presiding Officer of the Securities Appellate Tribunal);

(2) Member: Darius Khambata (Former Advocate General, Maharashtra);

(3) Member: Thomas Mathew T (Former chairman of Life Insurance Corporation of India);

(4) Member: N Venkatram (MD and CEO, Deloitte India).

Note: Securities and Exchange Board of India Founded: 12 April 1992; Securities and Exchange Board of India Headquarters: Mumbai; Securities and Exchange Board of India Agency executive: Ajay Tyagi.

 

BUSINESS AND ECONOMY

 

1. PAN to be declared ‘INOPERATIVE’ if not linked before June 30, 2021: The Central Board of Direct Taxes (CBDT) had recently extended the deadline to link Permanent Account Number (PAN) with Aadhaar number to June 30, 2021, due to the difficulties posed by the ongoing Covid pandemic. As per the new Section 234H of the Income-tax Act 1961, which has been recently introduced during Budget 2021, the PAN cards which are not linked to Aadhaar after June 30, 2021, would be declared “inoperative”, as well as a penalty of Rs 1,000 may also be imposed. On the other hand, the person will be considered as an individual without a PAN card.

Difficulties to be faced by not linking PAN and Aadhaar

(1) The KYC status will become invalid since PAN is a must for one’s KYC.

(2) An inoperative PAN card will have an effect on one’s bank account because that account will become an account without a PAN card.

(3) And in that case, if the bank account holder gets interested on savings above Rs. 10,000 then the TDS (Tax Deduction at Source) rate levied will be double i.e. 20 per cent. The TDS levied on bank account with PAN card is 10 per cent.

 

2. India ranked 51st in terms of Money Deposited in Swiss Banks: According to ‘Annual Bank Statistics of 2020’ released by Swiss National Bank (SNB), the Central Bank of Switzerland. India with Swiss Francs (CHF) 2.55 billion (INR 20,706 Crore) has been placed at 51st place in the list of foreign clients’ money in Swiss Banks during 2020. The United Kingdom (UK) topped the list with CHF 377 billion, followed by the US (152 billion). India was ahead of countries like New Zealand, Norway, Sweden, Denmark, Hungary, Mauritius, Pakistan, Bangladesh and Sri Lanka in terms of foreign clients’ money in Swiss banks.

Funds held by Indian individuals and firms in Swiss banks rose over 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 marking the highest level in 13 years. The figures stood at a record high of nearly CHF 6.5 billion in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013, and 2017, as per the Swiss National Bank (SNB) data.

Note: Swiss National Bank Chairman of the Governing Board: Thomas J. Jordan; Swiss National Bank Head Offices: Berne, Zurich.

 

AWARDS AND HONOURS

 

1. SumitaMitrahonoured with prestigious European Inventor Award: Indian-American chemist SumitaMitra has been honoured with the European Inventor Award 2021 in the ‘Non-European Patent Office countries’ category. She was the first to have successfully integrated nanotechnology into dental materials to produce stronger and more aesthetically pleasing fillings. The award, one of Europe’s most prestigious innovation prizes, is presented annually by the European Patent Office (EPO) to recognise outstanding inventors from Europe and beyond.

 

OBITUARIES

 

1. DPIIT Secretary GuruprasadMohapatra Passes Away: GuruprasadMohapatra, the Secretary in the Department of Industry and Internal Trade (DPIIT), has passed away due to COVID-19 related complications. Before being appointed as DPIIT secretary in August 2019, Mohapatra served as Chairman of the Airports Authority of India (AAI). He was a Gujarat cadre 1986 batch IAS officer, who had earlier served as joint secretary in the Department of Commerce.

 

2. Mufti Faiz-ul-Waheed, who first translated Quran into Gojri language, passes away: Renowned Jammu-based Islamic scholar Mufti Faiz-ul-Waheed, who first translated Quran into Gojri language, has passed away in a Jammu. The scholar had also authored several booklets including ‘Siraj-um-Muneera’, ‘Ahkam-e-Mayyat’ and ‘NamazKaeMasayil Quran-o-Hadees Ki Roshni Mei’.

About the Gojri language:Gurjari – also known as Gujari, Gujri, Gojari, or Gojri – is a variety of Indo-Aryan spoken by the Gurjars and other tribes of India, Pakistan, and Afghanistan. The language is mainly spoken in Jammu and Kashmir, Himachal Pradesh, Haryana, Uttarakhand, Rajasthan, Gujarat, Punjab, Delhi and other parts of India. 

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