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Saturday, September 4, 2021

Daily GK Update- 4th Sep, 2021

 

NATIONAL UPDATES:

 

1. Ayush Minister Sarbananada Sonowal launches ‘Y-Break’ app: The Union AYUSH Minister, Sarbananda Sonowal has launched ‘Y Break’ Yoga protocol mobile application in New Delhi. The app has been developed by Morarji Desai National Institute of Yoga (MDNIY). The app was launched as a part of the week-long activities and campaigns organised by the Ministry of Ayush to commemorate Azadi ka Amrit Mahotsav from August 30 to September 5, 2021.

About the app: The Y-Break (or the “Yoga Break) mobile application is a unique five-minute Yoga protocol app, designed especially for working professionals to de-stress, refresh and re-focus at their workplace to increase their productivity, and consists of Asanas, Pranayam and Dhyana. While on one hand the app will facilitate doing yoga and meditation with ease anywhere in just 5 minutes, it will also bring awareness about different Yoga practices.

 

2. Assam cabinet decides to remove Rajiv Gandhi’s name from Orang national park: The Assam cabinet has decided to remove the name of former Prime Minister Rajiv Gandhi from the Orang National Park. Since the name Orang is associated with the sentiments of the Adivasi and tea-tribe community, the cabinet has decided to rename the Rajiv Gandhi Orang National Park as Orang National Park. Located on the North Bank of Brahmaputra, Orang National Park spread over 78.80 sq km is the oldest forest reserve in the state. It was named a wildlife sanctuary in 1985 and declared a national park in 1999.

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

 

3. IIT Ropar develop’s world’s first ‘Plant based’ smart air-purifier: Indian Institutes of Technology (IIT), Ropar and Kanpur and Faculty of Management Studies of Delhi University have jointly launched a living-plant based air purifier named “Ubreathe Life”. This air purifier will boost the air purification process in indoor spaces, such as hospitals, schools, offices and Homes. It is the world’s first, state-of-the-art ‘Smart Bio-Filter’ that can make breathing fresh.

About the Ubreathe Life:

(1) The Ubreathe Life technology works through the air-purifying natural leafy plants. The room air interacts with leaves and goes to the soil-root zone where maximum pollutants are purified.

(2) It has been developed by the IIT Ropar incubated startup, Urban Air Laboratory. The specific plants tested for air-purification include Peace Lily, Snake Plant, Spider plant etc. and all have given good results in purifying indoor-air, the company has claimed.

(3) The purifier effectively improves indoor air quality by removing particulate, gaseous and biological contaminants while increasing the oxygen levels in the indoor space through specific plants, UV disinfection and a stack of Pre-filter, Charcoal filter and HEPA (high efficiency particulate air) filter fitted in a specially designed wooden box, the company has said about the air purifier’s functioning mechanism.

 

4. IRS officer JB Mohapatra appointed as CBDT chairman: IRS officer JB Mohapatra was appointed as the chairman of the Central Board of Direct Taxes. His appointment was approved today by the Appointments Committee of the Cabinet (ACC). He has already served as the acting chairman of the CBDT. A 1985-batch IRS officer, Mohapatra was given the additional charge as CBDT chairman after the tenure of incumbent PC Mody ended this year in May. Earlier, Mohapatra had served as the principal chief commissioner of Income Tax for the Andhra Pradesh and Telangana region.

Note: Central Board of Direct Taxes Established: 1924; Central Board of Direct Taxes Headquarters: New Delhi.

 

INTERNATIONALUPDATES:

 

1. New Development Bank approves UAE, Bangladesh and Uruguay as a new member: The Shanghai-based New Development Bank (NDB) has approved the United Arab Emirates, Uruguay and Bangladesh as its new member countries. In 2020, the NDB Board of Governors initiated the negotiation to expand its membership. As a result UAE, Uruguay and Bangladesh have been admitted as the first new member countries of the NDB. NDB was established by the BRICS (Brazil, Russia, India, China and South Africa) countries in 2015. The bank supports public or private projects through loans, guarantees, equity participation and other financial instruments.

Note: New Development Bank Headquarter: Shanghai, China; New Development Bank President: Marcos Prado Troyjo; New Development Bank Founder: BRICS; New Development Bank Founded: 15 July 2014.

 

OTHER UPDATES:

 

SPORTS

 

1. Tokyo Paralympics: Avani Lekhara becomes first Indian woman to win two medals: Avani Lekhara won the bronze medal in the women’s 50m rifle 3 positions SH1 event with a score of 445.9 to become the first Indian woman to win two medals at the Paralympics. Lekhara had also won gold in the 10m air rifle standing SH1 event. India’s medal tally now stands at 12 at these Paralympics. It has now won two golds, six silvers and four bronze medals. This is India’s best tally at a single edition of the Para Games. It had won four medals at Rio 2016 and four at the 1984 Paralympics.

 

2. Tokyo Paralympics: Praveen Kumar wins silver in men’s high jump: Praveen Kumar became India’s fourth medallist in men’s high jump and 11th medallist overall at the Tokyo Paralympics 2020 as he won silver with an Asian record jump of 2.07m. Praveen cleared the Asian record with a 2.07m jump, finishing behind Great Britain’s Jonathan Broom-Edwards, who managed the best jump of 2.10m on a rain-soaked track at the Olympic Stadium.

Praveen is India’s fourth medallist in men’s high jump at Tokyo Games after Nishad Kumar, Mariyappan Thangavelu, and Sharad Kumar.

 

BANKING AND FINANCE

 

1. RBI to setup committee on NUE licenses: The Reserve Bank of India (RBI) will set up a committee to scrutinize applications and give recommendations on New Umbrella Entity (NUE) licenses. The 5 member committee will be headed by Shri. P. Vasudevan. The committee will be responsible for looking into several aspects of NUE, from the macroeconomic impact of such a step to the security risks. The committee’s recommendations will be taken into consideration before doling out the licences. NUEs will establish their own payment infrastructure to compete with the National Payments Corp. of India (NPCI). The government hopes to build a settlement system similar to the unified payments interface (UPI) with the NUEs. The system will be focused on small and medium enterprises, merchants and consumers. The RBI had in August 2020 issued guidelines for creating “for-profit NUEs”.

Note: RBI 25th Governor: Shaktikant Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.

 

BUSINESS AND ECONOMY

 

1. GST collections in August at over Rs 1.12 lakh crore: GST revenue remained above Rs 1 trillion marks for the second straight month in August at over Rs 1.12 trillion, 30 per cent higher than the collection in the year-ago period. The mop-up in August is, however, lower than Rs 1.16 trillion collected in July 2021. Which Central GST is Rs 20,522 crore, State GST is Rs 26,605 crore, Integrated GST is Rs 56,247 crore (including Rs 26,884 crore collected on import of goods) and Cess is Rs 8,646 crore (including Rs 646 crore collected on import of goods).

The revenues for the month of August 2021 are 30 per cent higher than the GST revenues in the same month last year. In August 2020, the Goods and Services Tax (GST) collection was Rs 86,449 crore. Compared to the August 2019 revenues of Rs 98,202 crore, this is a growth of 14 per cent. During August this year, the revenues from domestic transactions (including import of services) were 27 per cent higher than the revenues from these sources during the same month last year.

List of GST Collection previous months:

July 2021: Rs 1,16,393 crore

June 2021: Rs 92,849 crore

May 2021: Rs 1,02,709 crore

April 2021: ₹1.41 lakh crore(All time Highest)

March 2021: Rs. 1.24lacs cr.

Feb 2021: Rs 1,13,143 crore

January 2021: ₹ 1,19,847 crore

 

AWARDS AND HONOURS

 

1. Ramon Magsaysay Award 2021 names announced: Ramon Magsaysay Award 2021 awardees have been announced, the winners will be formally awarded the Magsaysay Award during the November 28 event at the Ramon Magsaysay Centre in Manila. Among the awardees is Dr Firdousi Qadri of Bangladesh and Muhammad Amjad Saqib of Pakistan, as well as Philippine fisheries and community environmentalist Roberto Ballon, American citizen Steven Munsi, who works for humanitarian work and help refugees, and Indonesian WatchDoc for investigative journalism.

List of awardees of Ramon Magsaysay Awards 2021:

(1) Muhammad Amjad Saqib: A visionary who founded one of the largest microfinance institutions in Pakistan, servicing millions of families.

(2) Firdausi Qadri: A Bangladeshi scientist who has been instrumental in discovering vaccines that have saved millions of lives.

(3) Steven Muncy: A humanitarian who has been helping the displaced refugees of Southeast Asia rebuild their lives.

(4) WatchDoc: A production house that ingeniously combines documentary filmmaking and alternative platforms to highlight underreported issues in Indonesia.

(5) Roberto Ballon: A fisherman from Southern Philippines who has led a community in restoring their rich aquatic resources and their primary source of livelihood.

About the Ramon Magsaysay Award: The Ramon Magsaysay Award is Asia’s highest honor and is widely regarded as the region’s equivalent of the Nobel Prize. It celebrates the memory and leadership example of the third Philippine president after whom the award is named, and is given every year to individuals or organizations in Asia who manifest the same selfless service that ruled the life of the late and beloved Filipino leader.

 

DEFENCE

 

1. Indian Army contingent to participate in Exercise ZAPAD 2021: Indian Army will participate in Exercise ZAPAD 2021, a Multi Nation exercise being held at Nizhniy in Russia from 3-16 September. ZAPAD 2021 is one of the theatre level exercises of the Russian Armed Forces and will focus primarily on operations against terrorists. Over a dozen countries from the Eurasian and South Asian Regions will participate in this signature event.

About the exercise:

(1) The exercise aims to enhance military and strategic ties amongst the participating nations while they plan and execute this exercise.

(2) The Indian contingent has been put through a strenuous training schedule that encompasses all facets of conventional operations including mechanised, airborne and heliborne, counter-terrorism, combat conditioning and firing.

(3) In all, 17 countries are participating in ZAPAD including Mongolia, Armenia, Kazakhstan, Tajikistan, Kyrgyzstan, Serbia, Russia, India and Belarus.

(4) Pakistan, China, Vietnam, Malaysia, Bangladesh, Myanmar, Uzbekistan and Sri Lanka are observers at the exercises.

 

OBITUARIES

 

1. Veteran Hurriyat leader Syed Ali Geelani passes away: Veteran Kashmiri separatist leader and former chief of the All Parties Hurriyat Conference (APHC), Syed Ali Shah Geelani passed away. He was 91 years old. Syed Ali Gilani was born on September 29, 1929, to Syed Peer Shah Gilani of Zoori Munz village in Tehsil Bandipora. Gilani received his early education at Sopore and finished his studies at the Oriental College, Lahore Pakistan.

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