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Tuesday, December 28, 2021

Daily GK Update- 28th Dec, 2021

 

NATIONAL UPDATES:

 

1. Jharkhand assembly passes Bill to prevent mob violence, lynching: Jharkhand Assembly has passed the Prevention of Mob Violence and Mob Lynching Bill, 2021, which aims at providing “effective protection” of constitutional rights and the prevention of mob violence in the state. After including one amendment, the Bill was passed and sent to the Governor for his assent. Once notified, Jharkhand will become the fourth state to bring in such a law after West Bengal, Rajasthan and Manipur. About the bill:

(1) The bill provides a jail term of three years to life imprisonment and fines of up to ₹25 lakh against those involved in mob lynching leading to “injury or death”.

(2) The Bill defines lynching as “any act or series of acts of violence or death or aiding, abetting or attempting an act of violence or death, whether spontaneous or planned, by a mob on the grounds of religion, race, caste, sex, place of birth, language, dietary practices, sexual orientation, political affiliation, ethnicity or any other ground”.

(3) In case of a lynching incident leading to the victim suffering hurt, the convicts will be punished with imprisonment up to 3 years and a fine between ₹1 lakh to ₹3 lakh.

Note: Chief Minister of Jharkhand: Hemant Soren; Governor: Ramesh Bais.

 

2. Odisha CM inaugurated Odisha’s longest bridge ‘T-Setu’ in Cuttack: Chief Minister of Odisha, Naveen Patnaik has inaugurated the state’s longest bridge, ‘T-Setu’, built over the Mahanadi River in Cuttack District, Odisha. The bridge in the shape of the English alphabet ‘T’ was constructed at a cost of Rs 111 crore. The 4-km-long bridge connecting Gopinathpur in Badamba, Baideswar in Banki to Singhanath Pitha in Cuttack, will cut the distance between Badamba and Banki Baideshwar by almost 45 km. Chief Minister had laid the foundation stone T-setu on February 28, 2014. But, due to some technical issues, construction work was delayed and started in 2018. The bridge will facilitate communication for some five-lakh people from nearby localities. It will also improve agriculture, business and tourism activities in the area. It will benefit devotees, who are visiting Baba Singhanath’s Bali Makar Jatra in Badamba block.

Note: Odisha Capital: Bhubaneswar; Odisha Governor: Ganeshi Lal; Odisha Chief Minister: Naveen Patnaik.

 

3. NITI Aayog tie-up with UN WFP to diversify food basket: NITI Aayog has signed a Statement of Intent with the United Nations World Food Program (WFP). The partnership focuses on mainstreaming millets and supporting India in taking lead globally in knowledge exchange using the opportunity of 2023 as an International Year of Millets. The government of India observed 2018 as a year of millets. Key Points:

(1) The partnership between NITI Aayog and UN WEP focuses to mainstream the millets and supporting India in taking a lead internationally in knowledge exchange amid the recognition of 2023 as an International Year of Millets.

(2) This partnership also aims to build resilient livelihoods for small farmers and adaptation capacities towards climate change as well as transforming food systems.

(3) The Statement of Intent focuses on strategic and technical collaboration between both parties, in order to strengthen climate-resilient agriculture for enhanced food & nutrition security across India.

Note: NITI Aayog Formed: 1 January 2015; NITI Aayog Headquarters: New Delhi; NITI Aayog Chairperson: Narendra Modi; NITI Aayog Vice Chairperson: Rajiv Kumar; NITI Aayog CEO: Amitabh Kant;

United Nations World Food Programme Founded: 1961; United Nations World Food Programme Headquarters: Rome, Italy; United Nations World Food Programme Executive Director: David Beasley.

 

4. World Sangeet Tansen festival organized in Madhya Pradesh: In Madhya Pradesh, the 97th edition of the World Sangeet Tansen festival started in Gwalior. A five-day World Sangeet Tansen festival starts from December 25 to December 30 in the city. The stage of the program has been constructed on the theme of the Siddhanath temple situated in Omkareshwar. Many artists not only from India but also from abroad will participate in the music festival. The first seven concerts were held at the stage prepared at the mausoleum of Tansen and the tomb of Mohammad Ghaus. The eighth concert will be held on the banks of the Jhilmil river, in Behat (Birthplace of Tansen) on December 30. The last brief concert will be held at Gwalior Fort on the same day.

Note: Madhya Pradesh Capital: Bhopal; Madhya Pradesh Governor: Mangubhai C. Patel; Madhya Pradesh Chief Minister: Shivraj Singh Chouhan.

 

INTERNATIONAL UPDATES:

 

1. India replace the UK to be 3rd top country hosting unicorns: Adding 33 “unicorns” in a single year has helped India displace the United Kingdom to be third in the list of countries that are home to such enterprises valued at over $1 billion each. The US and China, who occupy the first two ranks, are way ahead, according to the data compiled by Hurun Research Institute. US and China are home to 74 per cent of the unicorn universe. The US added 254 unicorns and now totals 487 companies in the coveted list, while China added 74 to take its tally to 301 start-ups having a valuation of over $1 billion. The UK added only 15 unicorns to take its total to 39, and hence got displaced by India.

 

OTHER UPDATES:

 

SPORTS

 

1. Anahat Singh becomes first Indian girl to win Jr Squash Open in US: Indian teenager Anahat Singh has scripted history by winning the U-15 girls category of the prestigious Junior US Open Squash tournament in Philadelphia. The 13-year-old girl from Delhi overcame powerhouse Egypt’s Jayda Marei in the final match 11-9, 11-5, 8-11, 11-5 played at the Arlen Spectre Centre. More than 850 squash junior players, representing 41 countries, participated in the World’s largest junior individuals squash tournament.

 

BANKING AND FINANCE

 

1. Bank of Baroda grabbed top spot in Digital Payments: Bank of Baroda has announced it has won the #1 position in overall digital transactions amongst large banks for FY20-21. The bank showed the exceptional growth of digital payment transactions achievement and was felicitated by the Ministry of Electronics & Information Technology (MeitY), Govt. of India at the Digital Payments Utsav. To commemorate the 75th anniversary of the Independence of India, MeitY is celebrating “Digital Payments Utsav”. As a part of the celebration, the Bank of Baroda has been conferred with 5 DigiDhan awards for FY 2019-20 & 2020-21 in various categories. BoB has been conferred with five DigiDhan awards for FY 2019-20 & 2020-21 in various categories.

Note: Bank of Baroda Founded: 20 July 1908; Bank of Baroda Headquarters: Vadodara, Gujarat; Bank of Baroda Managing Director & CEO: Sanjiv Chadha; Bank of Baroda Tagline: India’s International Bank; Bank of Baroda Amalgamated Banks: Dena Bank & Vijaya Bank in 2019.

 

2. Mastercard and Google Pay tie-up for tokenisation for card-based payments: Mastercard and Google announced a tokenization method that enables Google Pay users to safely transact using their Mastercard credit cards and debit cards. With this collaboration, Google Pay Android users can scan and pay across all Bharat QR-enabled merchants, tap-and-pay, and make in-app transactions through their Mastercard debit and credit card. For a convenient registration, users will have to do a one-time setup by entering their card details and their OTP to add their card on the Google Pay app. Mastercard said this initiative is an extension of Mastercard’s long-standing collaboration with Google and will go a long way towards enabling India’s digital economy.

Note: Mastercard Founded: 16 December 1966; Mastercard Headquarters: New York, United States; Mastercard CEO: Michael Miebach; Mastercard Executive Chairman: Ajay Banga.

 

BUSINESS AND ECONOMY

 

1. Advance tax collection rises 54% to Rs 4.60 lakh crore: According to the finance ministry, advance tax collection increased by 53.50 per cent to Rs 4.60 lakh crore so far this fiscal year, indicating a recovery in the economy. Direct tax collections for 2021-22, as of December 16, show that net collections are at Rs 9.45 lakh crore compared to Rs 5.88 lakh crore over the year-ago period, representing an increase of 60.8 per cent. The cumulative advance tax collections for the primary, second and third quarter of 2021-22 stand at Rs 4,59,917.1 crore as on December 16, 2021, towards advance tax collections of Rs 2,99,620.5 crore for the corresponding interval of 2020-21, displaying a development of about 53.5 per cent.

 

2. Wipro to acquire Edgile in USD 230-million deal: Wipro has signed an agreement to acquire Edgile, a transformational cyber security consulting provider, for $230 million. Founded in 2001, Edgile is recognised by security and risk leaders for its business-aligned cyber security capability, deep understanding of the changing regulatory environment and enabling cloud transformations that help secure the modern enterprise. It has an onsite workforce of 182 employees. Together, Wipro and Edgile will develop Wipro CyberTransform, an integrated suite that will help enterprises enhance boardroom governance of cyber security risk, invest in robust cyber strategies, and reap the value of practical security in action.

Note: Chairman of Wipro Limited: Rishad Premji. Wipro Headquarters: Bengaluru; Wipro MD and CEO: Thierry Delaporte.

 

AWARDS AND HNOURS

 

1. Divya Hegde won UN Women’s Award for Leadership Commitment 2021: Divya Hegde, an Indian Climate Action Entrepreneur from Udupi, Karnataka, has won UN Women’s Award for Leadership Commitment at the 2021 Regional Asia-Pacific Women’s Empowerment Principles Awards Ceremony. She has been recognized for her sustained efforts in advancing gender equality through climate action efforts with her organization, Baeru Environmental Services.

Other Winners:

Youth Leadership: Pallavi Sherring

Gender-inclusive Workplace: Natwaste Group

Gender-Responsive Marketplace: Dharma Life

Community Engagement & Partnerships: The Very Group

Transparency & Reporting: Biocon Ltd India

SME Champions: Namita Vikas

 

DEFENCE

 

1. India successfully tests ‘Pralay’ missile off Odisha coast: India successfully conducted the maiden flight test of the indigenously-developed, surface-to-surface missile ‘Pralay’ off the Odisha coast. The solid-fuel, battlefield missile developed by the Defence Research Development Organisation is based on Prithvi Defence Vehicle from the Indian ballistic missile programme. The missile, launched from the APJ Abdul Kalam Island.

About the Missile: The new missile followed the desired quasi ballistic trajectory and reached the designated target with high degree accuracy, validating the control, guidance and mission algorithms. With a range of 150 to 500 km, ‘Pralay’ is powered with the solid propellant rocket motor and other new technologies. The missile guidance system includes state-of-the-art navigation and integrated avionics.

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