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Saturday, May 14, 2022

Daily GK Update- 14th May, 2022

 

NATIONAL UPDATES:

 

1. India elected a new Chair of the Association of Asian Election Authorities for 2022-24: India has been unanimously elected as the new Chair of the Association of Asian Election Authorities (AAEA) for 2022-2024 at the meeting of the Executive Board and General Assembly in Manila, Philippines. Commission on Elections, Manila was the current chair of AAEA. The new member of the Executive Board now includes Russia, Uzbekistan, Sri Lanka, Maldives, Taiwan and the Philippines.

The Election Commission of India 3-member delegation headed by Deputy Election Commissioner Shri Nitesh Vyas, along with CEO Manipur Shri Rajesh Agrawal and CEO Rajasthan Shri Praveen Gupta, attended the Executive Board meeting at Manila and presented the work plan for 2022-23 as also futuristic activities for 2023-24 to the Executive Board.

What is the work of the Association of Asian Election Authorities: According to ECI, the mission of the Association of Asian Election Authorities is to provide a non-partisan forum in the Asian region for sharing experiences and best practices among election authorities to discuss and act upon ways to promote open and transparent elections with the objective of supporting good governance and democracy.

 

2. Mumbai Gets India’s First EV Charging Station Powered by bio-gas: India’s first EV charging station powered by bio-gas was inaugurated in Mumbai, Maharashtra. This station be will expected to generate 220 units of electricity from food waste collected from its nearby areas, mostly from bulk generators like hotels and offices. This energy plant will be utilized to power street lights and also to charge electric vehicles. It was inaugurated by Maharashtra Environment Minister Aaditya Uddhav Thackeray. The Biogas Electricity Generation Plant, set up in the year 2021, uses about 1.5 lakh kilograms of food waste to generate electricity. Also, to promote electric vehicles, BMC is planning to set up organic waste-powered EV charging stations in its 24 administrative wards.

Country’s first organic waste-powered EV charging station at Keshavrao Khadye road near Haji Ali in Mumbai. The project is a joint venture between the Brihanmumbai Municipal Corporation and AeroCare Clean Energy. This EV Charging Plant is connected with the Waste-Energy Unit at Minatai Thackeray Park.

 

3. RailTel introduced PM-WANI based access to its Wi-Fi at 100 Railway Stations: RailTel, a micro Ratna PSU, launched the Prime Minister Wi-Fi Access Network Interface (PM-WANI) scheme, providing access to its Public WiFi services across 100 train stations in 22 states. PM-WANI is a Department of Telecom (DoT) initiative to connect all silo Wi-Fi networks for simplicity of use and to increase broadband adoption among the general public.

Key Points:

a)      Android users can connect to this WiFi network by downloading the ‘Wi-DOT’ app from the Google Play Store. The software was created in close collaboration with C-DOT.

b)      This means of connecting to Wi-Fi via the ‘mobile app’ would be in addition to the present technique of connecting to WiFi at these stations by selecting the RailWire Service Set Identifier (SSID).

c)       PM-WANI-based access will make it easier to use WANI-based Public WiFi by allowing one-time Know Your Customer (KYC) to bypass one-time password (OTP) based authentication.

d)      The RailTel WiFi network now covers 6,102 railway stations across the country and has 17, 792 WiFi hotspots, with more on the way.

 

4. VP Venkaiah Naidu releases ‘Modi @20: Dreams Meeting Delivery’ book: Vice President M Venkaiah Naidu has released the book “Modi@20 Dreams Meet Delivery” in New Delhi. ‘Modi@20’ is an anthology edited and compiled by BlueKraft Digital Foundation, and is a compilation of chapters authored by eminent intellectuals and domain experts, Rupa Publications.

The essence of the book: The book encompasses the experiential journey of Modi since he left his house at the tender age of 17 and set out on a mission of knowing himself, and his country and finally define the mission of transforming India. In 2021, Modi completed twenty continuous years as the head of a government. This book, a compilation of chapters authored by eminent intellectuals and domain experts, attempts a definitive and expansive exploration into the fundamental transformation of Gujarat and India over the last twenty years due to Modi’s unique model of governance.

 

INTERNATIONAL UPDATES:

 

1. South Korea becomes 1st Asian country join NATO Cyber Defence Group: South Korea became the first Asian country join in North Atlantic Treaty Organization Cooperative Cyber Defence Centre of Excellence. South Korea’s National Intelligence Service (NIS) is joined as a contributing participant in the NATO Cooperative Cyber Defence Centre of Excellence.

Now, the total NATO CCDCOE has 32 countries as its official members which include 27 NATO member countries and 5 five non-NATO states as contributing participants. South Korea has participated in the Locked Shields 2022, the largest and most complex annual international live-fire cyber defence exercise in the world. It has been participating two years in a row since 2020. South Korea joining the CCDCOE would help it counter the cybersecurity threat perception due to North Korea.

About the NATO: The North Atlantic Treaty Organization, also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European states. Founded in 1949. Headquarters: Brussels, Belgium.

 

2. Intersolar Europe 2022 to be attended by Bhagwant Khuba: Shri Bhagwant Khuba, Union Minister of State for New and Renewable Energy, has arrived in Munich, Germany for Intersolar Europe 2022. In Munich, the Indian Union Minister will deliver a keynote talk at the investment promotion event India’s Solar Energy Market. The Indo-German Energy Forum (IGEF) is organising the event. Key Points:

a)      The event is critical in terms of possible benefits for India, such as solar technology transfer, international investor investments in solar manufacturing, KfW development bank financing, and knowledge exchange pacts with Europe.

b)      Intersolar is the world’s largest solar industry and partner show series. It brings together individuals and businesses from all over the world with the goal of boosting the use of solar energy in our energy supply.

c)       Intersolar has the unique ability to bring together participants of the solar business from all over the world, thanks to its more than 30 years of expertise.

d)      Munich, So Paulo, Long Beach, Gandhinagar, Dubai, and Mexico City all host Intersolar fairs and conferences. Intersolar Summits, which take place in emerging and developing markets around the world, supplement these global gatherings.

e)      More than 20,000 individuals are expected to participate, including ministers and secretaries from several countries. Major renewable energy international firms such as ABB, Siemens, Ercon, 3S Swiss Solar Solutions, Meyer Burger Technologies AG, BayWa r.e. GmbH, Engie, Enel, and Wacker are expected to be represented at the event through their CEOs.

 

3. World Migratory Bird Day: 14th May: World Migratory Bird Day is marked twice a year since its inauguration in 2006. International Migratory Bird Day will be celebrated on 14 May and 8 October 2022. The day is celebrated with an aim to safeguard migratory birds’ breeding, non-breeding as well as stopover habitats while preserving a healthy bird population. The theme for World Migratory Bird Day 2022 is light pollution. As artificial lighting has been increasing globally by at least 2 per cent per annum, this has had an adverse impact on many birds. Light pollution is a major threat to migratory birds as it leads to disorientation when they fly at night, this, in turn, leads to collisions and also interferes with their long-distance migrations.

History of International Migratory Bird Day: International Migratory Bird Day was marked in 2006 when the United Nations decided that the world’s population needs to be made aware of the worldwide migratory linkages. Since then, 118 countries participated in and organised the event. The United Nations (UN) Agreement on the Conservation of African-Eurasian Migratory Waterbirds had envisioned the World Migratory Bird Day.

 

OTHER UPDATES:

 

SPORTS

 

1. India won 14 medals in Archery Asia Cup 2022 Stage 2: Indian archers wrapped up a highly successful Asia Cup 2022 Stage-2 campaign in Sulaymaniyah, Iraq with a total of 14 medals – eight golds, four silvers and two bronze. The Indian team of women archers Parneet Kaur, Aditi Swami, and Sakshi Chaudhary has won India’s first gold medal of the continental meet after defeating Kazakhstan in Iraq. The men’s team of Prathamesh Fuge, Rishabh Yadav, and Jawkar Samadhan has won the second gold for India. The compound mixed duo of Prathmesh Fuge & Parneet Kaur won the third Gold Medal at Asia Archery Cup.

India medal winners:

Women’s team compound: gold (Sakshi Chaudhary, Parneet Kaur, and Aditi Gopichand Swami)

Men’s team compound: gold (Rishabh Yadav, Prathamesh Fuge, and Prathamesh Jawkar)

Mixed team compound: gold (Prathamesh Fuge and Parneet Kaur)

Men’s individual compound: Prathmesh Fuge (gold); Rishabh Yadav (silver); Jawkar Samadhan (bronze)

Women’s individual compound: Sakshi Chaudhary (gold); Parneet Kaur (silver)

Women’s team recurve: gold (Avani, Bhajan Kaur and Laxmi Hembrom)

Men’s team recurve: gold (Mrinal Chauhan, Parth Salunkhe and Juyel Sarkar)

Mixed team recurve: silver (Parth Salunkhe and Bhajan Kaur)

Men’s individual recurve: Mrinal Chauhan (gold); Parth Salunke (bronze)

Women’s individual recurve: Bhajan Kaur (silver)

 

BANKING AND FINANCE

 

1. ICICI Bank and Santander UK Partner for business ease between India and UK: ICICI Bank, one of India’s largest private sector banks, established a partnership with Santander Bank in the United Kingdom, aimed at making banking easier for businesses operating in both countries. The ICICI and Santander UK Plc signed a MoU in Mumbai to build a framework of partnership between the banks to satisfy the financial service needs of corporate clients operating along the India-UK corridor. Key Points:

a)      ICICI Bank said it will offer UK corporates operating in India banking solutions in trade, cross-border payments, supply chain, treasury solutions, and retail banking, while Santander UK will support Indian corporates and new age firms with their banking needs in the UK.

b)      ICICI Bank’s Head of the International Banking Group, Sriram H Iyer, who signed the MoU on behalf of the bank, stated that India and the United Kingdom have long had strong bilateral relations and that India has long been a favoured foreign investment destination for British companies.

c)       This MoU enables corporates in the UK-India corridor to receive smooth banking services. They are convinced that ICICI Bank would support Santander UK and assist its customers build their businesses in India, and make India one of their main markets, thanks to their extensive network, industry-first digital services, and comprehensive suite of corporate ecosystem banking.

d)      According to the banking executive, the cooperation will serve the financial needs of the corporate ecosystem in the booming UK-India corridor.

Note: Non-Executive (part-time) Chairman of ICICI Bank: Mr. Girish Chandra Chaturvedi; Chief Executive Officer of Santander UK: Mike Regnier; ICICI Bank’s Head of the International Banking Group: Sriram H Iyer

 

BUSINESS AND ECONOMY

 

1. Saudi Aramco overtook Apple Inc. as the world’s most valuable company: Oil giant Saudi Aramco has dethroned Apple Inc. to become the world’s most valuable company, underscoring the recent surge in oil prices that have boosted the energy giant this year. Aramco traded near its highest level on record, with a market capitalization of about $2.43 trillion, surpassing that of Apple for the first time since 2020. The iPhone maker fell 5.2% to close at $146.50 per share, giving it a valuation of $2.37 trillion.

Even if the move proves short-lived and Apple retakes the top spot again, the role reversal underscores the power of major forces coursing through the global economy. Soaring oil prices, while great for profits at Aramco, are exacerbating rising inflation that is forcing the Federal Reserve to raise interest rates at the fastest pace in decades. The higher rates go, the more investors discount the value of future revenue flows from tech companies and push down their stock prices.

Note: Saudi Aramco Founded: 1933; Saudi Aramco Headquarters: Dhahran, Saudi Arabia; Saudi Aramco CEO: Amin H. Nasser.

 

AWARDS AND HONOURS

 

1. Mamata Banerjee recieved Special Bangla Academy Award: West Bengal Chief Minister, Mamata Banerjee received the Bangla Academy Award for her “relentless literary pursuit”. The award, introduced this year by Sahitya Academy, was presented to Banerjee for her book “Kabita Bitan”, which pays tribute to the best writers of West Bengal. Mamata Banerjee’s ‘Kabita Bitan’ was launched at the 2020 Kolkata Book Fair. The book contains 946 poems written by the TMC supremo. Despite being on the stage, Mamata Banerjee did not accept the award on her own and it was received by state Education Minister Bratya Basu on her behalf.

Banerjee was given the award at the “Ravi Pranam” function organised by the government’s information and culture department on the occasion of Rabindranath Tagore’s birth anniversary. Bangla Academy has decided to reward those who are working tirelessly for the betterment of literature as well as other sectors of society.

 

2. President confers 13 Shaurya Chakras, Param Vishisht Seva Medal to Army Chief: President of India, Ram Nath Kovind conferred 13 Shaurya Chakras which included six posthumous to the personnel of the Indian Armed forces for their conspicuous courage displayed during operations. Army Chief General Manoj Pande was conferred with the Param Vishisht Seva Medal (PVSM) for his distinguished service of exceptional order at a defence investiture ceremony at Rashtrapati Bhawan. The President also conferred 14 PVSM, four Uttam Yudh Seva Medals (UYSM) and 24 Ati Vishisht Seva Medals (AVSM) for distinguished service of an exceptional order.

These awards of Gallantry and other Defence decorations conferred were approved by the President in January on the eve of the 73rd Republic Day celebrations this January. Gen Manoj Pande assumed the charge of the 29th Chief of the Army Staff on April 30. Before that, he was serving as the Vice Chief of Army Staff for three months and was the General Officer Commander in Chief, Eastern Command of the Army before that.

 

OBITUARIES

 

1. Leonid Kravchuk, the first president of Independent Ukraine Passes Away: Leonid Kravchuk, a former communist who helped sign the Soviet Union’s death warrant and then served as the first president of independent Ukraine, passed away at the age of 88. Kravchuk was known as the “wily fox” as he rose through the ranks of Ukraine’s Communist Party and take over as head of the parliament in 1990. He signed the Belovezha accords with Russian President Boris Yeltsin and Belarusian leader Stanislav Shushkevich in December 1991 which effectively triggered the Soviet Union’s collapse.

Note: Ukraine Capital: Kyiv; Ukraine Currency: Ukrainian hryvnia; Ukraine President: Volodymyr Zelenskyy; Ukraine Prime minister: Denys Shmyhal.

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