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Tuesday, April 25, 2023

Daily GK Update- 25th Apr, 2023

NATIONAL UPDATES:

 

1. PM Modi flagged off India's first water metro in Kochi, Kerala: PM Modi has inaugurated India's first water metro in Kochi (Kerala), which connects 10 islands around Kochi through battery-operated electric hybrid boats. The metro project will start with eight electric hybrid boats developed under Cochin Shipyard Limited. It was funded by the Kerala govt and the German company KfW. It consists of 38 terminals and 78 electric boats. The first phase of this project started from the High Court-Vypin and Vyttila-Kakkanad terminals.

 

2. Rajesh Kumar Singh takes charge as Secretary, DPIIT: Rajesh Kumar Singh has assumed the charge of Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry. He is an IAS officer of the 1989 Batch from the Kerala cadre. Before this, he served as Secretary in the Department of Animal Husbandry & Dairying, Ministry of Fisheries, Animal Husbandry & Dairying. He has replaced Anurag Jain, who was appointed secretary in the Ministry of Road Transport and Highways.

 

3. Union Minister Bhupender Yadav launched new features in eShram Portal: Union Minister for Labour & Employment and Environment, Bhupender Yadav has launched new features in eShram Portal. Aim: To enhance the utility of the portal and facilitate ease of registration for unorganized workers A feature for capturing the family details of migrant workers has been added to the eShram portal. The eShram-registered workers can now connect with employment opportunities, pension scheme, digital skilling, and states’ schemes through the portal.

 

4. PM Modi laid foundation stone for first Digital Science Park in Thiruvananthapuram: Prime Minister Narendra Modi has laid the foundation stone for India’s first Digital Science Park coming up at the Technocity campus in Thiruvananthapuram, Kerala. Located adjacent to the Kerala University of Digital Sciences Innovation and Technology in around 14 acres of land, the ₹1,500 crore Digital Science Park project has been conceived as a multidisciplinary cluster-based interactive innovation zone focused on digital technologies. It will house two buildings with a total area of two lakh sq ft. The first one will spread out over 1.5 lakh sq ft across five floors and host Centres of Excellence, including research labs and a digital incubator. The second will house the administrative office and digital experience centres. The project is to be completed in two years. In the 2022-23 Budget, the State government had announced the establishment of the Digital Science Park over an area of 10 lakh sq ft in two blocks. Of total outlay of ₹1,500 crore, it has already sanctioned ₹200 crore. The rest will be generated from other sources, including industry partners.

 

5. 23 April – Khongjom Day: Khongjom Day is an annual event celebrated on 23 April to commemorate the soldiers who fought in the Anglo-Manipuri War of 1891. The event was held at Kheba Ching in Khongjom, Thoubal district of Manipur. The observance of Khongjom Day commemorates the sacrifices made by the people of Manipur in the fight for freedom and independence. The Anglo-Manipuri War of 1891 took place at Khongjom and marked the beginning of colonial rule in the region.

 

INTERNATIONAL UPDATES:

 

1. World Malaria Day 2023: 25th April: World Malaria Day is observed every year on April 25 to commemorate the recognition of global efforts to control malaria. WHO Member States instituted this day during the World Health Assembly of 2007. Theme 2023: Time to deliver zero malaria: invest, innovate, implement Malaria is a disease caused by parasites transmitted to people through the bites of infected female Anopheles mosquitoes. India has registered over 85% decline in malaria cases from 2015 to 2022

 

2. India launches Operation Kaveri to evacuate stranded citizens from Sudan: India has launched a rescue operation named Operation Kaveri to evacuate its stranded citizens from Sudan. Two C-130s aircraft and the navy ship INS Sumedha is on standby to evacuate Indians. The name for rescue operations in Sudan has been kept Operation Kaveri for the same purpose that Prime Minister Modi chose to name rescue ops in Ukraine Operation Ganga. Kaveri is one of the major Indian rivers flowing through Karnataka and Tamil Nadu.

 

3. Mongolia refinery to be built by India by 2025: Mongolia Ambassador to India Dambajav Ganbold has informed that the first oil refinery of Mongolia, which is built and funded with Indian assistance, will be completed by 2025. The first stage of the Mongol Oil Refinery will be built with a $1.2 billion Indian soft loan. The development comes with strategic implications as Mongolia is entirely dependent on Russia for its energy imports. It would help Mongolia meet 70% of its demand domestically.

 

4. SIPRI report on Trends in World Military Expenditure 2022 released: A report on Trends in World Military Expenditure 2022, published by Stockholm International Peace Research Institute, stated that total global military expenditure increased by 3.7% in real terms in 2022 to reach a new high of $2240 billion The three largest spenders in 2022 are the USA, China, and Russia, accounting for 56% of the total world The US remains by far the world’s biggest military spender India’s spending of $81.4 billion was the fourth highest in the world.

 

5. UK tests emergency alert system on millions of phones: The UK conducted its first test of a new emergency alert service with millions of mobile phones set to emit a loud alarm and vibrate at 3:00 pm (1400 GMT). A message will say: “This is a test of Emergency Alerts, a new U.K. government service that will warn you if there’s a life-threatening emergency nearby.” Emergency services and the government hope to use the system to alert people to issues such as severe flooding and fires. The national system, modelled on similar schemes in Canada, Japan, the Netherlands, and the United States, aims to warn the public if there is a danger to life nearby but has generated criticism over “nanny state” intrusion.

 

6. “Locked Shields” cyber-defense exercise 2023 organized in Tallinn: The 2023 edition of the annual exercise “Locked Shields” hosted by the NATO Cooperative Cyber Defense Center of Excellence in Tallinn (Estonia). “Locked Shields” is the world’s largest cyber defence exercise. It involves protecting computer systems from real-time attacks and simulating tactical and strategic decisions in critical situations. More than 3000 participants from 38 countries including NATO allies and partners took part in the exercise. The exercise simulates real-time attacks and tests strategic decision making in critical situations. The NATO Cooperative Cyber Defense Center of Excellence helps participating countries and organizations improve their cyber defence capabilities.

 

7. 24 to 30 April – World Immunization Week: World Immunization Week, celebrated in the last week of April, aims to highlight the collective action needed to protect people from vaccine-preventable diseases. WHO works with countries across the globe to raise awareness of the value of vaccines and immunization and ensures that governments obtain the necessary guidance and technical support to implement high-quality immunization programmes. The ultimate goal of World Immunization Week is for more people – and their communities – to be protected from vaccine-preventable diseases. Theme 2023 – The Big Catch-Up The aim of this week is to increase awareness around the benefits of immunization and also to encourage people to get vaccinated.

 

8. 25 April – World Malaria Day: World Malaria Day is observed on April 25 across the world. Objective – To highlight the significant impact of malaria on global health and encourage action to prevent and eliminate the disease. Theme 2023 – Time to deliver zero malaria: invest, innovate, implement Malaria, which is caused by the Plasmodium parasite and transmitted through the bites of infected female Anopheles mosquitoes, poses a serious threat to human life. The United Nations General Assembly declared April 25th as World Malaria Day in December 2007, and it has been observed annually on this date since the first World Malaria Day in 2008.

OTHER UPDATES:

 

BANKING AND FINANCE

 

1. IndusInd Bank to launch digital bank 'Indie': IndusInd Bank is planning to launch its own digital bank 'Indie'. The necessary approvals for all these expansion plans and other logistics by the bank are likely to be completed in 2 years. The bank is also planning to enter the mutual funds, insurance, and broking sector. It is likely to apply for the license in a few days. The Hindujas-promoted bank is likely to approach SEBI, IRDAI, and other regulators to obtain the necessary licences. IndusInd Bank HQ: Mumbai

2. RBI imposes Rs 44 lakh penalty on 4 co-op banks: The Reserve Bank of India (RBI) has imposed penalties totaling Rs 44 lakh on four cooperative banks. Bombay Mercantile Co-operative Bank: Penalty of Rs 13 lakh as it failed to transfer the eligible amount to Depositor Education and Awareness Fund (DEAF). Tamil Nadu State Apex Co-operative Bank: Penalty of 16 lakhs as it failed to transfer eligible amounts to DEAF. Baran Nagrik Sahkari Bank: A penalty of 2 lahks has been imposed for contravention of certain norms.

 

3. HDFC Bank, Axis Bank sign definitive agreements with Go Digit: Axis Bank and HDFC Bank would acquire up to a 9.94 percent stake in Go Digit-Life Insurance. HDFC Bank informed that it has executed definitive agreements to invest ₹69.90 crore in Go Digit-Life Insurance Ltd in two tranches. The bank has made the first tranche of payment of ₹10.93 crore for towards the acquisition. Axis Bank has also executed definitive agreements to invest ₹69.90 crore in Go Digit-Life Insurance Ltd in two tranches.

 

4. Zimbabwe to Introduce Gold-Backed Digital Currency: The Reserve Bank of Zimbabwe will launch a gold-pegged digital currency and legalize them in the country. It is believed that the government took this step for stabilizing the local currency after its continuous devaluation in comparison to the U.S. dollar. This initiative taken by Zimbabwe will allow the exchange of Zimbabwean dollars with digital gold tokens and secure Zimbabweans against currency volatility. Zimbabwe Capital: Harare;  President: Emmerson Mnangagwa

 

5. Canara Bank partners with Reserve Bank of India innovation hub: Canara Bank, in collaboration with Reserve Bank Innovation Hub (RBIH), has announced the launch of “Digitalised Submission of Form 15G/15H”. Form 15G (Individual and HUF) and Form 15H (Individual-Senior Citizen) are self-declaration forms that an individal submits to the bank requesting not to deduct TDS on interest income as their income is below the basic exemption limit. At the start of every financial year, especially in the first few weeks of April, several citizens – especially senior citizens – make their 15G & 15H submissions to their banks. Presently, our Bank is accepting submission of these forms through online Banking/ Mobile banking which requires knowledge and access to Mobile / Internet Banking. The Reserve Bank Innovation Hub (RBIH) recognized the problem, engaged with various banks to explore possible solutions, and developed a blueprint to resolve the issue. The suggested solution employs technologies that elderly citizens are already familiar with, and uses an OMNI-channel approach. As a result, all depositors, including senior citizens, can now conveniently submit their Tax Waiver forms through SMS and Website, using their registered mobile phone number, from anywhere and at any time.

 

AWARDS AND HONOURS

 

1. Sharjah stadium stand named after Sachin Tendulkar: The West Stand at the Sharjah cricket stadium has been renamed after Indian former cricketer, Sachin Tendulkar in a special ceremony in the UAE, honouring the Indian cricket legend on his 50th birthday. Sharjah Cricket Stadium holds the Guinness record for most One-Day internationals played (244). The gate at the Sydney Cricket Ground was also named after Sachin Tendulkar on his 50th birthday. CEO of Sharjah Stadium: Khalaf Bukhatir

 

2. Health Ministry receives PM’s Award for Excellence in Public Administration: The Union Health Ministry’s National Covid-19 Vaccination Programme has received the Prime Minister’s Award for Excellence in Public Administration 2022. The award was in the innovation category. Health Secretary Rajesh Bhushan received the award at the 16th Civil Services Day event. As per a statement, over 220 crore doses of Covid vaccine have been administered in the country so far. The nationwide vaccination drive was rolled out on January 16, 2021, with health workers being the first to be inoculated. This was followed by vaccines for frontline Covid workers beginning in February 2021. In March of that year, India opened up vaccination for people over 60 years of age and those aged 45 and above with specified co-morbid conditions. Vaccination for all (18 years and above) was opened up May 1, onwards. PM Gati Shakti national master plan initiative received an award for excellence in public administration 2022 in the ‘Innovation (Central).

 

OBITUARIES

 

1. Pakistani-Canadian journalist Tarek Fatah passes away: Pakistani-Canadian journalist, Tarek Fatah passed away at the age of 73 due to Cancer. He was emigrating to Canada from Pakistan in 1987. He worked as a political activist, journalist, and television host. He also authored several books including, 'Chasing a Mirage: The Tragic Illusion of an Islamic State' and 'The Jew is Not My Enemy: Unveiling the Myths that Fuel Muslim Anti-Smitism.' He won various awards such as the Donner Prize, and Stan Vine Canadian Book Award.

 

2. Co-founder of Webchutne Sidharth Rao passes away: The co-founder and former CEO of Webchutney, Sidharth Rao passed away. Rao started Webchutney in 1999 when he was just 19 years old. In 2013, Webchutney was acquired by Dentsu Aegis Network but Rao stayed on to steer it as its CEO, going on to become head of the India unit of dentsuMB, the global creative network of the Japanese multinational media network in 2021. In 2022, he stepped down as group CEO of dentsuMB India and joined hands and launched a new venture in the marketing technology (MarTech) space, called Punt Partners along with serial entrepreneur Madhu Sudan.

Dentsu Webchutney won one of the biggest awards on the advertising stage when it walked away with the Agency of the Year honour at the Cannes Lions International Festival of Creativity in 2022.


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