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Thursday, September 23, 2021

Daily GK Update- 23rd Sept, 2021

 

NATIONAL UPDATES:

 

1. Uttar Pradesh Government to set up ‘Electronic Park’: The Yogi Adityanath led Uttar Pradesh government has cleared a proposal to develop an ‘Electronic Park’, along the Yamuna Expressway Industrial Development Authority (YEIDA) area, near Noida, to promote the electronics industry. The park is proposed to be developed in an area of 250 acres of the YEIDA near Jewar Airport.

About the park: National and international companies manufacturing mobile phones, TVs and other electronic devices and accessories will establish their units in the park. The new Electronic Park will be built at an investment of around Rs 50,000 crore as well as generate employment for thousands of local youths.

Note: UP Capital: Lucknow; UP Governor: Anandiben Patel; UP Chief minister: Yogi Adityanath.

 

2. Assam set up a tea Park at Kamrup district’s Chayygaon: Assam is setting up a tea Park at Chayygaon in Kamrup District. This tea garden will have rail and port connectivity, cargo and warehouse amenities, processing facilities like tea grinding, blending, packaging and other utility services under one roof. Tea garden companies using garden lands for plantation of Segun and agar or selling off the tea estates, the Minister stated that tea garden owners cannot sell off their estates as the leased land still belongs to Assam Government and instead asked them to focus on innovation and branding of Assam Tea.

Note: Assam Governor: Jagdish Mukhi; Assam Chief Minister: Himanta Biswa Sarma.

 

3. Ladakh set to roll out 1st edition of ” Himalayan Film Festival 2021″: The first edition of ‘The Himalayan Film Festival-2021’ (THFF) will begin from 24 to 28 September at Leh, Ladakh. The film festival is being organised by the Administration of Union Territory of Ladakh in collaboration with the Directorate of Film Festivals, Ministry of Information and Broadcasting, Government of India. The film festival is being hosted in collaboration with the Ladakh Autonomous Hill Development Council, Leh. The five-day film festival is a part of the celebration of ‘Azadi Ka Amrit Mahotsav’ commemorating 75 years of India’s Independence.

The film festival will have active participation from the local filmmakers and showcase talent from across the 12 Himalayan states and UTs. Popular films from the Himalayan states viz Assam, Sikkim, Manipur, Mizoram, Tripura, Meghalaya, Nagaland, Uttarakhand, Arunachal Pradesh, Himachal Pradesh and Ladakh besides Indian Panorama selected films will be showcased during the festival.

Note: Lieutenant Governor of Ladakh: Radha Krishna Mathur.

 

4. Centre forms panel to firm up India’s sustainable finance road map: The central government has set up a key task force to assess climate and ESG resilience in India’s financial sector and recommend a concrete road map to strengthen India’s sustainable finance architecture. The task force will be headed by economic affairs secretary, Ajay Seth.

Key recommendations made by the task force will include: (1) how to further strengthen the resilience of the country’s financial sector against risks emanating from various climate and environmental, social and governance (ESG) issues.

(2) how to grow sustainable finance in India and set a clear time frame for their implementation.

 

5. Vanijya Saptah being celebrated from 20-26 September: The Commerce Ministry has decided to celebrate ‘Vanijya Saptah’ from 20 to 26 September. In this Saptah, many programmes and events will be organized to showcase India’s rising economic force across the country. Five national seminars will be organized by the Indian Institute of Foreign Trade (IIFT) in five regions of the country. The Department for Promotion of Industry and Internal Trade (DPIIT) also launch the Industrial Park Rating System. Industrial Park Rating System will recognize the performance of the Industrial park. It will also assess the performance of private industrial parks and SEZs.

 

INTERNATIONALUPDATES:

 

1. Justin Trudeau wins 3rd term as Prime Minister of Canada: Canada Prime Minister Justin Trudeau has won the third term to serve as the PM of the country, after his party won the 2021 parliamentary elections on September 20, 2021. However, the Liberal Party of the 49-year-old Justin Trudeau could only manage to win minority seats in the election. Justin Trudeau is in power since 2015. Trudeau’s Liberals were leading or elected in 157 seats exactly the same number they won in 2019, 13 short of the 170 needed for a majority in the House of Commons.

Note: Canada Capital: Ottawa; Currency: Canadian dollar.

 

2. World’s oldest living twins are 107-year-old Japanese sisters: Guinness World Records has certified two Japanese sisters as the world’s oldest living identical twins at 107. Umeno Sumiyama and Koume Kodama were born the third and fourth of 11 siblings on Shodoshima island in western Japan on Nov. 5, 1913. Sumiyama and Kodama were 107 years and 300 days old as of Sept 1, breaking the previous record set by famous Japanese sisters Kin Narita and Gin Kanie at 107 years and 175 days.

 

3. International Day of Sign Languages: 23rd September: The International Day of Sign Languages (IDSL) is celebrated annually across the world on 23 September. This day is celebrated to raise awareness of sign languages and strengthen the status of sign languages. The theme for the 2021 International Day of Sign Languages is “We Sign For Human Rights” highlighting how each of us – deaf and hearing people around the world – can work together hand in hand to promote the recognition of our right to use sign languages in all areas of life.

History of International Day of Sign Languages: The proposal for the Day came from the World Federation of the Deaf (WFD), a federation of 135 national associations of deaf people, representing approximately 70 million deaf people’s human rights worldwide. The choice of 23 September commemorates the date that the WFD was established in 1951. The International Day of Sign Languages was first celebrated in 2018 as part of the International Week of the Deaf.

Note: World Federation of the Deaf President: Joseph J. Murray; World Federation of the Deaf Founded: 23 September 1951, Rome, Italy; World Federation of the Deaf Headquarters location: Helsinki, Finland.

 

OTHER UPDATES:

 

SPORTS

 

1. GM D. Gukesh of India wins Norway Chess Open 2021: India’s D Gukesh won his second consecutive tournament of this month, the Norway Chess Open 2021 Masters section. Gukesh scored an unbeaten 8.5/10 and finished a full point ahead of the competition to win the tournament. Iniyan secured sole second position with 8.5/10 points, finishing a half point ahead of top seed Dmitrij Kollars (Germany) and Valentin Dragnev (Austria).

 

BANKING AND FINANCE

 

1. Federal Bank partners OneCard for mobile-first credit card: Federal Bank has announced a tie-up with OneCard for a mobile-first credit card that targets the country’s young, tech-savvy population. The launch comes ahead of the festive season as Federal Bank aims to cash in on consumer credit demand, which is expected to peak around the festive season on the back of economic revival.

About the credit card:

(1) The credit card will be issued through the OneCard app in under three minutes, as per the company, and can be activated and used instantly in virtual format until the physical card gets delivered.

(2) Users can control their cards through the app—from tracking spends and rewards to setting transaction limit on the card and more.

(3) Federal Bank’s target user base for this offering is young working professionals aged between 23 and 35 years, as per the bank.

Note: Federal Bank MD and CEO: Shyam Srinivasan; Federal Bank Headquarters: Aluva, Kerala; Federal Bank Founder: K.P Hormis; Federal Bank Founded: 23 April 1931.

 

BUSINESS AND ECONOMY

 

1. OECD lowered India’s FY22 growth projection to 9.7%: The Organisation for Economic Co-operation and Development (OECD) has marginally lowered India’s growth projection for the ongoing fiscal to 9.7%, a reduction of 20 basis points (bps). For FY23, OECD reduced India’s growth projection by 30 basis points to 7.9%. According to OECD data, India is the worst hit among major economies, with its real GDP in the June quarter 15% lower than the pre-pandemic forecast and around 7% lower than the December quarter.

Note: Organisation for Economic Co-operation and Development Headquarters: Paris, France; Organisation for Economic Co-operation and Development  Founded: 30 September 1961.

 

2. Facebook India appointed Rajiv Aggarwal as Head of Public Policy: Facebook India has appointed former IAS officer Rajiv Aggarwal as the Director of Public Policy. He succeeds Ankhi Das, who quit the company in October last year. She was embroiled in a controversy for opposing the enforcement of hate-speech rules against right-wing leaders in the country. In his new role, Aggarwal will define and lead important policy development initiatives for Facebook in India on an agenda that covers user safety, data protection and privacy, inclusion and internet governance.

Note: Facebook Founded: February 2004; Facebook CEO: Mark Zuckerberg; Facebook Headquarters: California, United States.

 

AWARDS AND HONOURS

 

1. SV Sarasvati receives National Florence Nightingale Award 2020: Brigadier SV Sarasvati, the Deputy Director-General of Military Nursing Service has been honoured with the National Florence Nightingale Award 2020. The National Florence Nightingale Award, the highest national distinction a nurse can achieve. President Ram Nath Kovind conferred the award in a virtual ceremony on Brig Saraswati for her contribution as a nurse administrator.

SV Sarasvati as a renowned operation theatre nurse, she has assisted in more than 3,000 lifesaving and emergency surgeries and has trained residents, operation room nursing trainees and auxiliary staff in her career. She has served at several pan-India Army hospitals and United Nations Peace Keeping Forces in Congo, according to the government statement, where she has done various outreach activities for the troops and trained more than 1,000 soldiers and families in basic life support. 

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