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Sunday, October 30, 2022

Daily GK Update- 30th Oct, 2022

NATIONAL UPDATES:

 

1. Jakson Green to invest Rs 22,400 cr in green hydrogen project in Rajasthan: Jakson Green to invest Rs 22,400 crore to set up green hydrogen and green ammonia project in Rajasthan. The Jakson Green company signed MoU with the Government of Rajasthan to this effect. Jakson Green will set up a 3,65,000 tons per annum Green Hydrogen and Green Ammonia plant along with an integrated hybrid renewable power complex in phase wise manner. Key Points:

a)      The project initiated by Jakson Green and Rajasthan Government is expected to generate over 32,000 direct and indirect employment opportunities across various phases of the scale-up.

b)      The MoU was signed by Vish Iyer, Global Chief Commercial Officer, Jakson Green, and Bhaskar S Sawant, Principal Secretary of Energy to the Government of Rajasthan.

c)       The government of Rajasthan would facilitate Jakson Green in obtaining necessary registrations, approvals, and clearance, and provide incentives.

d)      Jakson Green has announced its global ambition to be a leading developer and integrator of green hydrogen and green ammonia assets across select geographies Jakson Green to invest Rs 22,400 crore to set up a green hydrogen and green ammonia project in Rajasthan.

 

2. GoI appoints Sangeeta Verma as acting chairperson of CCI: The government of India appointed Sangeeta Verma as the acting chairperson of the Competition Commission of India (CCI). The appointment follows full-time Chairperson Ashok Kumar Gupta demitting office. Verma is currently a member at the regulator. Her appointment will be effective for a “period of three months or till the appointment of regular Chairperson or till any further orders, whichever is the earliest,” according to an official order. Ashok Kumar Gupta had taken over as the CCI chairperson in November 2018.

Competition Commission of India (CCI): The Competition Commission of India (CCI) was established under the Competition Act, of 2002 for the administration, implementation and enforcement of the Act.  It was constituted in March 2009.

Members of the CCI: It consists of 7 members; one Chairperson and six other members. The members are appointed by the government for five years and are re-eligible for appointments. However, the members have to retire after attaining the age of sixty-five years.

 

3. Ladakh MP launched “Main Bhi Subhash” campaign: Ladakh MP Jamyang Tsering Namgyal launched the ‘Main Bhi Subhash’ campaign from Leh. The ‘Main Bhi Subhash’ campaign is a series of events which is organized by the Netaji Subhash Chandra Bose INA Trust in collaboration with the Ministry of Culture. The ‘Main Bhi Subhash’ campaign is going to be organized on the occasion of the 125th Birth Anniversary of Netaji on 23rd January next year. The ‘Main Bhi Subhash’ campaign begins in Mumbai and Kolkata.

 

4. National Statistical Office (NSO) Released the Employment Outlook of India: The National Statistical Office (NSO), under the Ministry of Statistics and Programme Implementation, released a press note on Employment Outlook of the country covering the period September, 2017 to June, 2022. This data is based on the administrative records available with selected government agencies to assess the progress in certain dimensions, the release stated.

Key Points:

a)      Since April, 2018 this ministry has been bringing out the employment related statistics in the formal sector covering the period September 2017 onwards, using information on the number of subscribers who have subscribed under three major schemes, namely the Employees’ Provident Fund (EPF) Scheme, the Employees’ State Insurance (ESI) Scheme and the National Pension Scheme (NPS).

b)      The information is based on the number of subscribers, and the tables reflect a dynamic status for six sets of periods – (a) September 2017 – March 2018, (b) April 2018 – March 2019, (c) April 2019 – March 2020, (d) April 2020 – March 2021, (e) April 2021 – March 2022, and (f) monthly data from April 2022 onwards.

c)       The data includes information gender-wise, on the number of new members who have started subscribing to EPF, the number of members that have ceased their subscription and the number of members who restarted contribution, having ceased subscription in the past.

d)      A total of 36,53,544 new subscribers joined and contributed in the NPS the central government, state governments, and corporate schemes during September, 2017 to June, 2022.

e)      India’s formal sector employment jumped by 0.4 million in the October-December quarter of 2021 with the total number of workers employed across nine sectors at 31.4 million compared to 31 million in July-September quarter and 30.8 million in the April-June quarter of 2021, the labour ministry said.

 

5. IIT-Madras and NASA researchers study microbes on space station: The Indian Institute of Technology Madras (IIT) and NASA Jet Propulsion Laboratory researchers studied the interactions between microbes in the International Space Station (ISS). The study aims to help devise strategies for the disinfection of space stations to minimize any potential impact of microbes on the health of astronauts. Key Points:

a)      Studying the microbes inhabiting the space station will help to understand the risks associated with short-term and long-term space travel on the health of astronauts.

b)      The study was motivated by earlier observations of the dominance of Klebsiella pneumonia on the surface of the ISS.

c)       The pathogen has been known to cause pneumonia and other nosocomial infections.

d)      The researchers analyzed the microbial sample data taken across three space flights at seven locations at the ISS.

e)      The study found that Klebsiella pneumonia is a major microbe that resides on the ISS.

 

6. Nation celebrates 113th Birth anniversary of Homi Jehangir Bhabha: 113th Birth anniversary of Indian nuclear physicist Homi Jehangir Bhabha who is also known as the father of the Indian nuclear program. He was born on 30 October 1909 in Bombay, Bombay Presidency, British India (now Mumbai, Maharashtra, India). His invaluable contributions to the field of science continue to inspire generations of young minds in the country. Homi J Bhabha was born into a prominent wealthy Parsi family. Some facts related to this great personality:

a)      Homi J Bhabha was the founding director and professor of physics at the Tata Institute of Fundamental Research (TIFR).

b)      Homi J Bhabha was also the founding director of the Atomic Energy Establishment, Trombay (AEET). It is now named the Bhabha Atomic Research Centre in his honour.

c)       TIFR and AEET were the cornerstones of Indian development of nuclear weapons and both were supervised by Bhabha as director.

d)      In 1942, Bhabha was awarded the Adams Prize and Padma Bhushan in 1954.

e)      In 1951 and 1953–1956, Bhabha was also nominated for the Nobel Prize for Physics.

 

INTERNATIONAL UPDATES:

 

1. Shefali Juneja named as chairperson of UN’s Air Transport Committee: India’s representative to the International Civil Aviation Organization (ICAO), Shefali Juneja has been elected as the chairperson of the United Nations’ specialized aviation agency’s Air Transport Committee (ATC). Juneja, a 1992 batch officer of the Indian Revenue Service (Income Tax cadre), served as a Joint Secretary in the Ministry of Civil Aviation (MoCA) before joining the ICAO. India secured this position in ICAO after 28 years when Juneja was unanimously elected to the post on Monday. She is the first woman to represent India in the ICAO. ATC is a standing committee of the ICAO created by the Chicago Convention in 1944.

Note: International Civil Aviation Organization Headquarters: Montreal, Canada; International Civil Aviation Organization Council President: Salvatore Sciacchitano; International Civil Aviation Organization Founded: 7 December 1944.

 

2. OAG report: Delhi’s IGI airport is now world’s 10th busiest airport: According to Official Airline Guide (OAG) report, the Indira Gandhi International Airport in Delhi is the 10th busiest airport in the world in terms of seat capacity and frequency of domestic and international flights as of October 2022. According to OAG, there were 34,13,855 seats at the Delhi airport, popularly known as the Indira Gandhi International Airport (IGIA). In its research, aviation analytics company OAG said the Delhi airport improved from its 14th position in October 2019, before the pandemic struck. Key points in the reports:

a)      The busiest airport in the world as of October 2022 is Hartsfield-Jackson Atlanta International Airport having serviced 47,47,367 seats.

b)      Dubai International is second with 41,27,704 seats, followed by Tokyo International Airport with 38,77,164 seats and Dallas Dallas/Fort Worth International Airport with 37,53,858 seats.

c)       In fifth place is the Denver airport with 37,09,394 seats, followed by London Heathrow Airport, Chicago O’Hare International Airport at the 7th spot and Los Angeles International Airport at the 9th position, the OAG report said.

 

3. FIPRESCI declared ‘Pather Panchali’ as best Indian movie: Legendary filmmaker Satyajit Ray’s feature “Pather Panchali” has been declared the best Indian film of all time by the International Federation of Film Critics (FIPRESCI). The 1955 film has received the number one slot in the top ten films in the history of Indian cinema list, which was declared after a poll conducted by the India chapter of FIPRESCI. Based on Bibhutibhushan Bandyopadhyay’s 1929 Bengali novel of the same name, “Pather Panchali” was Ray’s directorial debut. It starred Subir Banerjee, Kanu Banerjee, Karuna Banerjee, Uma Dasgupta, Pinaki Sengupta and Chunibala Devi. As per a press release issued by FIPRESCI-India, the poll was conducted in secret and involved 30 members. FIPRESCI: Other films nominated in the list:

This list also features Ritwik Ghatak’s 1960 drama “Meghe Dhaka Tara” (Bengali),

Mrinal Sen’s 1969 drama “Bhuvan Shome” (Hindi),

Adoor Gopalakrishnan’s 1981 drama “Elippathayam” (Malayalam),

Girish Kasaravalli’s 1977 film “Ghatashraddha” (Kannada),

MS Sathyu’s 1973 movie “Garm Hava” (Hindi),

Ray’s 1964 film “Charulata” (Bengali),

Shyam Benegal’s 1974 film “Ankur” (Hindi),

Guru Dutt’s 1954 film “Pyaasa” (Hindi) and

1975 blockbuster “Sholay” (Hindi), directed by Ramesh Sippy.

 

OTHER UPDATES:

 

BANKING AND FINANCE

 

1. Indian Bank rolls out a bouquet of Digital products as part of “Project WAVE”: PSU lender Indian Bank has launched several digital initiatives under “Project WAVE” in a bid to enhance the customer experience through integrated services on its digital platform. Six digital initiatives were launched by the SL Jain, MD and CEO, Indian Bank, along with Sharad Mathur, MD & CEO, of Universal Sompo General Insurance Co. About the agreements:

a)      Indian Bank along with Universal Sompo General Insurance will provide online vehicle and health insurance through its mobile banking app IndOASIS.

b)      This digital collaboration would enable the bank’s customers to access and buy general insurance products digitally, anytime, anywhere, thus augmenting the insurance inclusion in India, it said in a statement.

c)       Under the co-lending arrangement, Indian Bank has partnered with Rupeek Capital Pvt. Ltd, to offer jewel loans at customer doorsteps. The entire gold loan journey will be through digital platform and not require any physical visit to the bank branch by the customer.

d)      This facility which is presently available in select pockets will be soon expanded to other locations as well.

e)      The public sector lender has extended pre-approved personal loans to self-employed customers of the bank as well. Since April, it is being offered to salaried customers and pensioners.

f)        Indian Bank has now extended e-overdraft facility against term deposits opened at branches by individual customers. Earlier it was offered for e-deposits only.

Note: Indian Bank CEO: Shri Shanti Lal Jain; Indian Bank Founded: 15 August 1907; Indian Bank Headquarters: Chennai.

 

BUSINESS AND ECONOMY

 

1. Apple Announces New Clean Energy Investments: APPLE said it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonise operations related to the production of iPhones and other products. The company in 2020 had pledged to remove carbon emissions from its entire business, including products and its sprawling supply chain – which spans from Vietnam to Brazil – by 2030.

The iPhone maker will now require its supply partners to report on progress on carbon neutrality goals, specifically Scope 1 and Scope 2 emissions reductions, related to the production of Apple products and will audit their progress annually. “We’re determined to be a ripple in the pond that creates a bigger change,” chief executive officer Tim Cook said. Apple has been carbon neutral for its global corporate operations since 2020.

A Humongous Supply-Chain: More than 200 suppliers, representing 70 per cent of Apple’s direct manufacturing spending and including Corning, Nitto Denko, SK Hynix, STMicroelectronics, TSMC and Yuto, have committed to using clean power such as wind or solar for all Apple production, Apple said. Apple had previously asked suppliers to commit to 100 per cent renewable energy for Apple’s production.

 

DEFENCE

 

1. Smt Droupadi Murmu presents Silver Trumpet and Trumpet Banner to the President’s Bodyguard: The President of India, Smt Droupadi Murmu, presented the Silver Trumpet and Trumpet Banner to the President’s Bodyguard (PBG) at a ceremony held at Rashtrapati Bhavan, Delhi. The President appreciated PBG for their excellent military traditions, professionalism and discipline in all their tasks. She said that the nation is proud of them. She expressed confidence that they will strive with dedication, discipline and valour, to maintain the highest traditions of Rashtrapati Bhavan and be an ideal role model for other Regiments of the Indian Army. History of President’s Bodyguard:

a)      The President’s Bodyguard is the oldest regiment in the Indian Army, having been raised as the Governor-General’s Bodyguard (later the Viceroy’s Bodyguard) in 1773. As the President of India’s own Guard, it has the unique distinction of being the only military unit of the Indian Army that is privileged to carry the President’s Silver Trumpet and Trumpet Banner.

b)      This distinction was conferred on the President’s Bodyguard in 1923 by the then Viceroy, Lord Reading, on the occasion of the Bodyguard completing 150 years of service. Each succeeding Viceroy, thereafter, presented the Silver Trumpet and Trumpet Banner to the Bodyguard.

c)       On January 27, 1950, the regiment was renamed the President’s Bodyguard. Every President has continued the practice of honouring the regiment. Rather than a coat of arms, as was the practice in the colonial era, the monogram of the President appears on the Banner. Dr Rajendra Prasad, the first President of India, presented his Silver Trumpet and Trumpet Banner to the President’s Bodyguard on May 14, 1957.

d)      The President’s Bodyguard, as it is known today, was raised in Banaras (Varanasi) by the then Governor-General, Warren Hastings. It had an initial strength of 50 cavalry troopers, later augmented by another 50 horsemen. Today, the President’s Bodyguard is a select body of hand-picked men with special physical attributes. They are chosen after a rigorous and physically gruelling process.

 

2. Indian Navy & Drone Federation tie-up to promote indigenous drone technology: The Technology Development and Acceleration Cell of the Naval Innovation Indigenisation Organization (NIIO) under the Indian Navy and Drone Federation of India (DFI) have come together to collaborate towards promoting indigenous development, manufacturing, and testing of drones, counter-drone, and associated technologies for the Indian Navy.

As a part of this collaboration, TDAC and DFI will increase the Navy-Industry-Academia synergy, and source technology development challenges toward component indigenization. A special maritime drone testing site shall also be earmarked for the Indian drone industry to facilitate faster development and testing of drones, especially in maritime environments, thus enabling development for a host of applications. Under the agreement:

a)      Additionally, programmes on sensitization and skill development shall also be undertaken as a part of this collaboration.

b)      TDAC has been working towards accelerating the development of indigenous technologies to be utilized by the Indian Navy.

c)       Drone Federation of India will help us in developing a deeper industry connection as well as create a stronger roadmap for induction of drone platforms in the Indian Navy in a time-bound manner.

d)      The maritime testing site being developed under this initiative will accelerate the development of versatile and reliable drone platforms for advanced maritime use cases like maritime patrol, drone landings on moving ships, ship-to-ship deliveries, ship-to-shore deliveries, etc.

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