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Monday, April 25, 2022

Daily GK Update- 25th April, 2022

 

NATIONAL UPDATES:

 

1. Maharashtra is first state in India to launch a bus service with a totally digital ticketing system: Maharashtra State Environment Minister Aditya Thackeray inaugurated the tap-in tap-out service on the Gateway of India to Churchgate route in an effort to make commuting across Mumbai easier. Aditya Thackeray stated during the event that Brihanmumbai Electricity Supply and Transport (BEST) is India’s first fully digital bus service. Key Points:

a)      In a few days, all 10 buses on this route will be equipped with this technology, which will eventually be expanded to all 438 routes.

b)      According to Lokesh Chandra, BEST’s General Manager (GM), this is the country’s first-ever 100 percent digital bus service, with the goal of increasing the digitalisation of the bus ticketing system.

c)       It provides travellers with comfort and convenience because they can tap-in using their smart card or the ‘Chalo’ app on their cellphones.

d)      If the tourist taps out using the app, they will receive a receipt on their phone, and if they used the smart card, they will be able to collect their ticket.

 

2. Rajiv Kumar, Niti Aayog’s vice chairman resigns from his post: The government-run organisation, Niti Aayog’s Vice Chairperson, Rajiv Kumar has resigned due to a government order. Suman Bery, an economist, will take over as the new head of the planning agency.

Key Points:

a)      The government has authorised Rajiv Kumar’s resignation and Suman Bery’s appointment, according to an order issued by the Cabinet Appointments Committee. Rajiv Kumar will be relieved of his duties, according to the ruling.

b)      The reason for Rajiv Kumar’s resignation was not stated in the order.

c)       After Arvind Panagariya resigned from the job in August 2017 to return to academia, Rajiv Kumar, an economist, was named vice chairman of the Niti Aayog.

 

3. As Co-Chair, Ashwin Yardi, CEO of Capgemini India, joins the UNICEF YuWaah Board: YuWaah (Generation Unlimited India) in India announced that Ashwin Yardi, CEO of Capgemini in India, has joined the organisation, starting immediately, alongside Yasumasa Kimura, UNICEF Representative, as being the co -chair of the organisation. Key Points:

a)      The YuWaah Board would now serve as a decision-making body, with the majority of founding partners and board members providing time and resources to help the YuWaah Secretariat with money and functional expertise.

b)      They will play a critical role in influencing YuWaah’s long-term strategy and execution, as well as actively crafting shared-value partnerships with governments and the private sector to genuinely establish a collaborative platform.

c)       YuWaah has set a lofty goal of enlisting 300 young people as changemakers. Bold strategies and quick actions will be required to achieve this goal.

d)      The new YuWaah Board will work to provide the essential tools and assistance to youth in India, particularly those who are most marginalised, so that they can effectively traverse the challenges of the twenty-first century.

 

4. Khongjom Day was observed in Manipur at the Khongjom War Memorial Complex: Rich tributes were paid in Manipur to the valiant sons of the state who made tremendous sacrifices fighting against the British in the battle of Khongjom during the 1891 Anglo-Manipuri War to maintain Manipur’s independence. Key Points:

a)      Every year on the 23rd of April, Manipur commemorates Manipuri warriors who battled against the British, especially Major Paona Brajabashi.

b)      The Governor and Chief Minister of Manipur joined the people of Manipur in a floral homage to the heroes. At Khebaching, two minutes of silence were held, as well as a gun salute.

c)       Chief Minister also thanked the Centre for renaming Mount Harriet in the Andaman & Nicobar Islands as Mount Manipur. He explained that the decision was made in honour of Manipur fighters’ sacrifice.

Note: Chief Minister of Manipur: Biren Singh; Governor of Manipur: Ganeshan

 

5. Lt Gen. Manoj Kumar Katiyar named as next DG of Military Operations: Lieutenant General Manoj Kumar Katiyar has been appointed as the next Director-General of Military Operations. He would take charge of the new office on May 1st. An alumnus of the National Defence Academy, Lieutenant General Katiyar was commissioned in the 23rd Battalion of the Rajput Regiment in June 1986. Lieutenant General Katiyar is presently the General Officer Commanding of 1 Corps, a strike formation responsible for offensive operations against both Pakistan and China.

 

INTERNATIONAL UPDATES:

 

1. India to give additional $500 million Fuel Aid to Sri Lanka: India will provide an additional $500 million in financial aid to help the Srilanka island nation buy fuel, and that Bangladesh was willing to postpone $450 million in swap repayments to help Colombo. This is the second $500 million in gasoline credit that India has given to a Sri Lankan government grappling with the country’s greatest financial crisis in living memory. Key Points:

a)      After a shipment of 120,000 tonnes of diesel and 40,000 tonnes of gasoline earlier this month, the first line of credit was exhausted. India has supplied approximately 400,000 tonnes of petroleum so far.

b)      After fuel stockpiles were depleted, massive protests erupted. AFP claimed that thousands of irate motorists torched tyres and blocked a major road leading into Colombo, citing police and local officials. The protests erupted after the state-run Ceylon Petroleum Corporation increased the price of 92 octane gasoline to LKR 338 per litre, an increase of LKR 84.

c)       The CPC raised its prices for the second time this month.

d)      The Lankan Indian oil giant raised its pricing for the fifth time in six months.

India’s Stand for Srilanka:

a)      India has given two credit lines totaling more than $2 billion to help with the purchase of food (rice has already been sent), medicines, and other necessities.

b)      India also requested the IMF, or International Monetary Fund, to offer financial support to Sri Lanka as soon as possible. On the sidelines of the IMF-World Bank spring conference in Washington, DC, finance minister Nirmala Sitharaman met with IMF chief Kristalina Georgieva.

c)       Sri Lanka had sought India’s assistance in securing foreign support for bridging funding as it started bailout talks with the IMF.

d)      Crisis-hit Sri Lanka defaulted on its external debt, which was estimated to be worth more than $51 billion. Foreign debt payments have been temporarily halted, according to officials, in order to prevent a hard default and conserve limited reserves for crucial imports. Sri Lanka is negotiating with the IMF for a rescue of at least $4 billion.

Note: Sri Lankan Foreign Minister: GL Peiris; Srilanka President: Gotabaya Rajapaks

 

2. India’s participated as the Guest of honour at the Paris Book Festival 2022: As announced in the Prime Minister Shri Narendra Modi – President Emmanuel Macron Joint Statement released in 2018 during the French President’s visit to New Delhi, India has been designated as the Guest of Honour Country at the Paris Book Festival 2022, which took place from April 21 to April 24, 2022. On April 21, 2022, the Paris Book Festival was launched. On the same day, the India Pavilion at the Paris Book Festival. The National Institute of Design (NID) developed the India Pavilion, which comprises over 15 digital and physical exhibitions showing over 400 books published in various Indian languages, representing the work of 65 Indian publishers.

Note: PrimeMinister of France: Jean Castex

 

3. World Malaria Day: 25th April: Every year on April 25th, World Malaria Day is commemorated to raise awareness about this life-threatening disease that continues to be a menace to humanity. The theme for World Malaria Day this year is “Harness innovation to reduce the malaria disease burden and save lives”. Malaria is spread through the female Anopheles mosquito’s bite (which is infected with the malaria-causing plasmodium parasite).

History: The day grew out of African Malaria Day. Since 2001, African governments have observed Malaria Day. However, it was only in 2007, during the World Health Organization’s 60th session, that it was recommended to designate Africa Malaria Day as World Malaria Day in order to recognise the disease’s global impact. In 2008, the inaugural World Malaria Day was observed.

 

4. International Delegate’s Day: 25th April: Every year on April 25th, the world celebrates International Delegates Day. This day is commemorated to increase awareness of the function of Member States‘representatives and delegates at the United Nations. The delegates speak and vote on behalf of their country at the UN General Assembly and other fora, such as the UN Security Council, unless a higher-ranking politician is present. The delegates are chosen by their respective governments.

History: The first day of the San Francisco Conference, also known as the United Nations Conference on International Organization, is commemorated on International Delegates Day. Delegates from fifty countries met in San Francisco for the first meeting on April 25, 1945. Following the devastation of WWII, they came together to form an organisation that would restore world peace and enforce rules on the post-war world order. The General Assembly, in resolution 73/286 dated 2 April 2019, recalls the accomplishments of the San Francisco Conference and declares 25 April as International Delegates Day.

 

OTHER UPDATES:

 

SPORTS

 

1. F-1 Emilia Romagna Grand Prix 2022 won by Red Bull’s Max Verstappen: Formula One champion Max Verstappen (Red Bull-Netherlands) won the Emilia-Romagna Grand Prix in Italy. It was Verstappen’s second win this season after Saudi Arabia, which has also included two retirements, and the 22nd of his career. Sergio Perez (Red Bull-Mexico) finished second and Lando Norris (McLaren-UK) finished third.

List of 2022 F1 Race Winners:

Bahrain Grand Prix: Charles Leclerc (Ferrari-Monaco);

Saudi Arabian Grand Prix: Max Verstappen (Red Bull – Netherlands);

Australian Grand Prix: Charles Leclerc (Ferrari-Monaco).

 

BUSINESS AND ECONOMY

 

1. Elon Musk to acquire Twitter in $44 Billion 2022: Elon Musk, the world’s richest man, agreed to acquire Twitter for $44 billion, ending a drama that included hostile takeover threats before handing him personal control of one of the world’s most powerful social media networks.

Key Points:

a)      According to Twitter, the publicly traded corporation will now become a private entity owned by Musk, who negotiated a $54.20 per-share purchase price.

b)      Musk secured $46.5 billion in funding last week to complete the deal, and Dan Ives, an analyst at Wedbush Securities, predicted earlier in the day that the board would likely approve his offer because no other buyer could be found.

c)       Twitter stock was trading 5.9% higher on Wall Street.

Elon Musk and Twitter: Musk, who has blasted Twitter’s overzealous moderation, bought a 9% interest in the firm in April and then offered to buy the entire company altogether, citing a goal to preserve free speech.

Note: Twitter Founder: Jack Dorsey is an American Web developer and entrepreneur who co-founded the online microblogging service Twitter with Evan Williams and Christopher Stone in 2006; Twitter CEO: Parag Aggarwal

 

AWARDS AND HONOURS

 

1. Ukrainian President Volodymyr Zelenskyy gets John F. Kennedy Award: The John F. Kennedy Library Foundation, for the first time ever, awarded the John F. Kennedy Profile in Courage Award 2022 to five individuals. The award will be presented by Caroline Kennedy and her son, Jack Schlossberg on May 22, 2022, at the John F. Kennedy Presidential Library, Boston, USA. These five individuals are:

a)      Ukrainian President: Volodymyr Zelenskyy

b)      United States (US) Representative: Liz Cheney

c)       Michigan Secretary of State: Jocelyn Benson

d)      Arizona Representative: Russell “Rusty” Bowers

e)      Fulton County, Georgia, elections worker: Wandrea “Shaye” Moss

About the John F. Kennedy Profile in Courage Award:  John F. Kennedy Profile in Courage Award was created by the family of the late president John Fitzgerald Kennedy to honour public figures who risk their careers by embracing unpopular positions for the greater good, and is named after Kennedy’s 1957 Pulitzer Prize-winning book, ”Profiles in Courage”.

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