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Wednesday, December 28, 2022

Daily GK Update- 28th Dec, 2022

NATIONAL UPDATES:

 

1. Baskar Babu Ramachandran re-appointed as MD & CEO of Suryoday SFB: The Reserve Bank of India has approved the re-appointment of Baskar Babu Ramachandran as MD & CEO of Suryoday Small Finance Bank for three years, with effect from 23 January 2023. He has several years of experience in the banking and finance sector. Prior to co-founding the Suryoday Micro Finance Private Limited, he had worked with various companies including GE Capital Transportation Financial Services and HDFC Bank. Suryoday SFB is a scheduled commercial bank. Suryoday Small Finance Bank advanced 2.58% to Rs 109.35 after the bank said that the RBI has approved the re-appointment of Baskar Babu Ramachandran as the MD & CEO of the bank for a period of three years, effective from 23 January 2023.

 

2. Meity becomes nodal ministry for India's online gaming sector: The govt of India has designated the Ministry of Electronics and Information Technology (MeitY) as the nodal ministry to oversee the online gaming industry in India. The ministry will soon release rules for online gaming intermediaries and start public consultation on these rules In May 2022, the govt set up a seven-member inter-ministerial task force, chaired by Rajeev Chandrasekhar, MoS, IT. Aim: To work on online gaming regulations and identify a nodal ministry. The government has been deliberating on plans to regulate the online gaming sector since early this year. However, in absence of a nodal ministry to oversee the sector, online gaming intersects with multiple ministriesincludingMeitY,MinistryofIn...

3. Home Ministry gives NOC for name change of two places in Uttar Pradesh: The Uttar Pradesh government has received the ‘no-objection’ certificates from the ministry of home affairs to change the names of two places in state With this consent, ‘Mundera Bazaar’ municipal council in Gorakhpur district has been renamed to ‘Chauri Chaura’ and ‘Telia Afghan’ village in Deoria district to ‘Telia Shukla’ MHA gives a ‘no-objection’ certificate to change the name of any place after taking consent from ministry of railways, department of posts and Survey of India The no-objection certificates were issued by the home ministry on Tuesday for changing the name of ‘Mundera Bazaar’ municipal council in Gorakhpur district to ‘Chauri Chaura’ and that of ‘Telia Afghan’ village in Deoria district to ‘Telia Shukla’

 

4. IISc, Bengaluru to be G20 science working group’s secretariat: The Indian Institute of Science (IISc), Bengaluru has been named the Secretariat for Science 20 (S20), the G20 summit’s science working group. S20 2023 theme is ‘Disruptive Science for Innovative and Sustainable Development.' S20 has been set up as part of efforts by G20 to address global challenges including climate change mitigation and sustainable development. G20 is an intergovernmental forum comprising 19 countries and the European Union. The Indian Institute of Science (IISc), Bengaluru, will function as the secretariat for Science 20 (S20), a working group set up as part of the G20 which will be presided over by India in 2023. S20 has been set up as part of efforts by G20theint...

5. 'Dhanu Yatra' begins in Bargarh, Odisha: The ‘Dhanu Yatra’ festival,11-day long festival, has been started in the Western Odisha town of Bargarh. It was came into existence in Bargarh in 1947-48 as part of the celebration of the country’s Independence. The festival starts with the play of dethroning of Emperor Ugrasen of Mathura by angry Kansa over the marriage of his sister Devaki with Vasudev. It will be concluded with the death of demon king Kansa and restoration of the throne to Ugrasen. The 'Dhanu Yatra' festival, considered to be the world’s largest open-air theatre, began on Tuesday in the Western Odisha town of Bargarh. President Droupadi Murmu and Prime Minister Narendra Modi offered greetings to the people of the eastern state with the commencement of the 11-day festival.

 

6. Santosh Kumar Yadav appointed as chairman of NHAI: Senior bureaucrats, Santosh Kumar Yadav has been appointed as chairman of National Highways Authority of India (NHAI). He is a 1995-batch IAS officer of the Uttar Pradesh cadre. He is currently serving as an additional secretary in the Department of School Education and Literacy, Ministry of Education. Subhasish Panda has been appointed as vice chairman of Delhi Development Authority. Ganji Kamala V Rao has been named CEO of FSSAI, Ministry of Health and Family Welfare

 

7. IIT Guwahati, Bombay, European join hands to check Indian water quality: IIT Guwahati and Bombay have joined hands with European universities to develop a technology to check the quality of potable and other water in India. The LOTUS Indo-European project is an initiative of the Dept of Science and Technology and the European Commission Aim: To provide solutions for issues related to the quality of water supplied across Indian households The LOTUS project is built around a novel water quality sensor developed at Ecole Polytechnique in Paris New Delhi, Dec 26 (PTI) Indian Institute of Technology (IIT) Guwahati and Bombay in collaboration with European universities are working towards building a low-cost technology to check the quality of potable and other water in India.

 

8. President Murmu inaugurated project worth Rs 43.08 cr at Srisailam Temple: President Droupadi Murmu has inaugurated the project “Development of Srisailam Temple” at Srisailam Temple Complex Andhra Pradesh. The project has been sanctioned and executed under PRASHAD (Pilgrimage Rejuvenation and Spiritual, Heritage Augmentation Drive) scheme under the Ministry of Tourism. The project “Development of Srisailam Temple in the state of Andhra Pradesh” has been completed with a cost of Rs 43.08 crores. The project is 100 percent funded by the Ministry of Tourism. Srisailam Sri Mallikarjuna Swamy Temple is dedicated to Lord Shiva and his consort Goddess Parvati.

 

9. Jio launched 5G services in Andhra Pradesh with an investment of Rs 6,500 crore: Reliance Jio has launched its 5G services in Andhra Pradesh with an investment of Rs 6500 crore starting with the cities of Tirumala, Visakhapatnam, Vijayawada & Guntur. Andhra Pradesh Information and Technology Minister Gudivada Amarnath and Chief Secretary KS Jawahar Reddy launched the Jio True 5G and Jio True 5G Powered wi-fi services. Apart from their existing investment of Rs 26,000 crore, additionally, Jio has invested over Rs 6,500 crore for deploying 5G network in Andhra Pradesh. By December 2023, Jio True 5G services will be made available in every town, taluka, mandalam, and village of Andhra Pradesh. The Jio True 5G services are available to selected customers at no additional cost. The customers’ 4G tariff plan/package is upgraded to 5G. The only difference is that all upgraded 5G plans have unlimited data allowance.

 

10. Hasmukh Adhia appointed as chief advisor to the Gujarat CM: Former Union finance secretary Hasmukh Adhia has been appointed as the chief advisor to Gujarat Chief Minister Bhupendra Patel. The government has also appointed SS Rathod, the managing director of Gujarat Metro Rail Corporation Limited and former CMD of Sardar Sarovar Narmada Nigam Limited, as the chief minister’s advisor. Hasmukh Adia is a former Gujarat cadre IAS officer. Adhia retired from service in November 2018. He was made the secretary in the Department of Financial Services, Union Ministry of Finance when Narendra Modi became the Prime Minister of India in 2014.

 

INTERNATIONAL UPDATES:

 

1. Cabinet approved opening of Indian Mission in Lithuania and Maldives: The Union Cabinet has approved the opening of new Consulates in Maldives and Lithuania. India has opened missions in 14 African countries out of the 18 announced in March 2018. Three new Missions in Estonia, Paraguay, and the Dominican Republic, approved by Cabinet in December 2020, were made operational in January-February, 2022. The decision to open a new Indian Mission in Lithuania is a forward-looking step in pursuit of our national priority of growth and development or ‘Sabka Saath Sabka Vikas’.

 

OTHER UPDATES:

 

SPORTS

 

1. South African cricketer Farhaan Behardien announces retirement: South African white-ball specialist and former T20I skipper Farhaan Behardien has announced his retirement from professional cricket. The 39-year-old, who played 59 ODIs and 38 T20Is and captained the Proteas in a three-match T20 series against Sri Lankan in 2017. He represented South Africa in four World Cups. He was part of the Proteas’ T20 World Cup campaigns in 2012, 2014, and 2016 as well as the ODI World Cup in 2015. Behardien played 59 ODIs for the Proteas, in which he scored 1074 runs at an average of 30.69. He also played 38 T20ls and scored 518 runs. He last represented South Africa in November 2018 in a T20I against Australia in Carrara.

 

 

BANKING AND FINANCE

 

1. India, ADB sign $125 million loan to improve Urban Services in Tamil Nadu: India has signed a $125 million loan agreement with the Asian Development Bank (ADB) to develop climate-resilient sewage collection and treatment, and drainage and water supply systems in three cities of Tamil Nadu. The tranche 3 loan for Tamil Nadu Urban Flagship Investment Program signed between Rajat Kumar Mishra (Additional Secretary, DEA) and Hoe Yun Jeong (Officer-in-Charge of ADB’s India Resident Mission). This loan will cover Coimbatore, Madurai, and Thoothukudi The Government of India and Asian Development Bank (ADB) today signed a $125 million loan to develop climate-resilient sewage collection and treatment, and drainage and water supply systems in three cities in the state of Tamil Nadu. The signatories to the tranche 3 loan for Tamil Nadu Urban Flagship Investment Program were Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs in the Ministry of Finance who signed for the Government of India, and Hoe Yun Jeong, Officer-in-Charge of ADBs India Resident Mission who signed for ADB.

 

2. Indian Bank launched ‘MSME Prerana’ programme in Rajasthan: Indian Bank has launched its flagship business mentoring program for MSME entrepreneurs named ‘MSME Prerana’ in Rajasthan. Aim: To empower MSME Entrepreneurs through skill development and capacity building training in their local languages. This program will also assist them in acquiring necessary financial and managerial skills, capacity to handle crisis in business. The training program will be provided in collaboration with M/s Poornatha & Co.Shri Mahendra Kumar Parakh, Commissioner, Industries, Govt of Rajasthan, Shri Narendra Sharma, GM (MSME) and Shri. Ravinder Singh, FGM (Delhi), Indian Bank and other senior officials of State Government and Bank were present at the event.Ends

 

3. SBI, Axis, ICICI Bank to introduce Rupay Credit card on UPI by March 2023: State Bank of India (SBI), ICICI Bank, and Axis Bank will start issuing RuPay credit cards over the UPI by March 2023.

Presently, the RuPay credit card segment on the UPI platform is live with Union Bank of India, Punjab National Bank, Indian Bank and HDFC Bank. The RBI has authorised the connection of credit cards to UPI in June 2022. Users will benefit from more convenience as a result of the change, which will also expand the adoption of digital payments.

 

4. Sebi expands committees on cyber security and information systems: SEBI has expanded two of its committees- (1) High Powered Steering Committee on Cyber Security (HPSC-CS) and (2) Information Systems Security Committee (ISSC). High Powered Steering Committee on Cyber Security (HPSC-CS) was expanded to eight members from six earlier. It will continue to be chaired by Navin Kumar Singh (DG at NCIIPC). SEBI has also expanded its panel on Information Systems Security Committee (ISSC) to seven members, chaired by Prof Krishnamurthy. The move comes at a time when Central Depository Services (India) (CDSL), the largest depository in India by number of accounts, faced cyber security issues in November which impacted settlement activities

 

AWARDS AND HONOURS

 

1. Prabhu Chandra Mishra honoured with Atal Samman Award: Prabhu Chandra Mishra was honoured with the prestigious Atal Samman Award during the 9th Atal Samman Samaroh, organised in New Delhi. He was awarded for his excellence in field of science & research. He has worked in the area of StemCell & Regenerative Medicine in infertility especially when In vitro fertilization (IVF) failed. Under his work, diseases like premature ovarian failure, and Asherman syndrome have shown satisfactory results with body’s own cells. On the birth anniversary of former Prime Minister of the country Atal Bihari Vajpayee, many personalities who played an important role in various fields were honored on December 24, 2022, at Vigyan Bhawan, New Delhi during 9th Atal Samman Samaroh.

 

2. IIT Madras won Wharton-QS Reimagine Education Awards 2022: The Indian Institute of Technology Madras (IIT) Madras has won the Wharton-QS Reimagine Education Awards at the Wharton Campus, Philadelphia, USA. The institute has been awarded and its BS in Data Science and Applications is awarded the silver in the best online programme category. While, the National Programme on Technology Enhanced Learning (NPTEL), a joint initiative of IITs and IISc, run by IIT Madras, won the gold in the lifelong learning category. The NPTEL-National Programme on Technology Enhanced Learning has won the Gold in the ‘Lifelong Learning’ category. The Wharton-QS Reimagine Education Awards are considered to be the Oscars of Education.


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