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Tuesday, April 4, 2023

Daily GK Update- 4th Apr, 2023

NATIONAL UPDATES:

 

1. Sudha Shivkumar becomes 40th President of FICCI Ladies Organisation: Chennai-based Sudha Shivkumar has assumed the charge as the 40th president of FICCI Ladies Organisation (FLO) at the 39th annual session. FLO is the oldest women-led and women-centric business chamber in Southeast Asia. She is a lawyer and investment banker by profession and presently serving as a director at auto ancillaries. She was the Chairperson of the FLO Chennai Chapter in 2016-17. FLO is the women's wing of the FICCI

 

2. India could become world's second-largest solar manufacturer by 2026: According to the new joint report from the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics, India could become the world’s second-largest solar photovoltaic manufacturer by 2026, after China. India’s cumulative module manufacturing nameplate capacity more than doubled from 18GW in March 2022 to 38GW in March 2023. In terms of upcoming PV manufacturing installations, Gujarat would be the leading state in India.

 

3. PM Modi flagged off Bhopal-New Delhi Vande Bharat Express: Prime Minister Narendra Modi has flagged off the 11th Vande Bharat Express train between Rani Kamlapati Railway Station in Madhya Pradesh and Hazrat Nizamuddin railway station in Delhi. The train will cover a distance of 701 kilometres in 7 hours 30 minutes and will run on all days except Saturday. It will have stoppages at Veerangana Laxmibai Jhansi, Gwalior and Agra. Vande Bharat train has showcased the skill, potential and confidence of the nation.

 

4. Eravikulam National Park gets a fernarium: Eravikulam National Park (ENP) in Kerala, the natural habitat of Nilgiri tahr in Munnar, has a new attraction — a Fernarium set up inside the park. This is the first time such a fern collection has been established in the hill station. The Eravikulam National Park is known for its diverse range of flora and fauna, and the introduction of the fernarium is a step towards educating visitors about the park’s biodiversity. Ferns are part of the Epiphytic family. Fern grows naturally in a soilless condition. The plants obtain water and nutrients through leaching from trees. It has 52 varieties of ferns have already been planted in the new Fernarium.

 

5. PM Modi inaugurated CBI’s diamond jubilee celebrations: Prime Minister Narendra Modi has inaugurated the Diamond Jubilee Celebrations of the Central Bureau of Investigation (CBI) at Vigyan Bhawan, New Delhi. The premier investigating police agency of India, the Central Bureau of Investigation (CBI), completes its 60 years of service to the nation this year. About CBI The Central Bureau of Investigation (CBI) was established by a resolution of the Ministry of Home Affairs, Government of India, dated April 1, 1963. It is not a statutory body but it is empowered to investigate under the Delhi Special Police Establishment Act, 1946. The establishment of the CBI was recommended by the Santhanam Committee (1962–1964). It works under the Ministry of Personnel, Pension & Public Grievances, Government of India. Headquarters – New Delhi Director General – Subodh Kumar Jaiswal

 

6. 1-7 April – Prevention of Blindness Week 2023: The Government of India organizes the Prevention of Blindness Week from April 1-7 every year to raise awareness about the causes and prevention of blindness. Objective – To support individuals with visual impairments, and to promote access to eye care services. Pandit Jawaharlal Nehru and Raj Kumari Amrit Kaur, the first health minister of India, established the National Society for the Prevention of Blindness and along with it, the observance of the week was started in 1960. According to the World Health Organization (WHO), at least 2.2 billion people globally have a near or distant vision problem while at least one billion cases could have been prevented with proper care. Also, half of these visual impairment cases are yet to be addressed.

 

INTERNATIONAL UPDATES:

 

1. NASA astronaut Christina Koch becomes the first woman to go around the moon: The American Space Agency, NASA has selected the first woman astronaut, Christina Koch for its Artemis II mission. Other crew members: Victor Glover (First Black Astronaut) and Reid Wiseman of NASA, and Jeremy Hansen of the Canadian Space Agency (CSA). It will involve a fly-by of the moon and a 10-day journey back to Earth. It is part of NASA's Artemis program, which aims to land the first woman and the next man on the moon by 2024.

 

2. Bahrain launches Golden Licence to attract large-scale investment projects: Bahrain's government has launched a new initiative called 'Golden Licence' to incentivize investments and the creation of jobs. It is designed to provide streamlined services and benefits to local and foreign businesses with large-scale investment projects in Bahrain. Eligibility for the Licence: Companies with significant strategic projects and investments exceeding US$50 million or those creating more than 500 jobs in Bahrain.

 

3. Bhutan king arrives in India for a two-day visit: Bhutan king Jigme Khesar Namgyel Wangchuck arrived in India for a two-day visit and was received by EAM S Jaishankar in New Delhi. Both countries will discuss hydro-power cooperation, economic and trade partnership, space cooperation, scholarships, youth-centric and STEM-based initiatives, and establishing  digital infrastructure matters. The defense and security ties between the two countries have seen significant growth in the last few years.

 

4. International Day Of Mine Awareness And Action 2023: 4th April: International Day of Mine Awareness and Assistance in Mine Action is observed every year on April 4 to raise awareness against explosive mines and gather assistance towards their eradication. Theme 2023: Mine Action Cannot Wait The UN Mine Action Service (UNMAS) leads the mine action community, which plays an important role in achieving the goals of mine action. On 8 December 2005, the General Assembly declared that 4 April to observe as this day.

 

5. India, US to begin major air combat exercise in Kalaikunda, West Bengal: The Indian Air Force and the US Air Force started the joint exercise ' Cope India' at Kalaikunda airbase in West Bengal from April 10 to 21, 2023. This exercise will enhance operational capability and interoperability between the two air forces. While Japan will also join as an “observer” in the exercise and witness “air combat and mobility elements” operating from multiple air bases like Kalaikunda, Panagarh, Agra, and Hindon.

 

6. France invited PM Modi for Bastille Day parade: France has invited PM Narendra Modi to visit Paris as a guest at the annual Bastille Day parade, which will be held in July 2023. The PM and French President Emmanuel Macron are expected to discuss several major agreements including those on the Indo-Pacific region, nuclear power, and defense, as the two countries mark the 25th year of their strategic partnership. Earlier, Manmohan Singh was invited as the Bastille Day parade guest in 2009.

 

7. IOC signed deal with Russia’s Rosneft to raise oil imports: Russia’s largest oil producer Rosneft and India’s top refiner Indian Oil Corp have signed a term agreement to substantially increase oil supplies and diversify oil grades delivered to India. The parties also discussed ways of expanding cooperation between Rosneft Oil Company and Indian companies in the entire value chain of the energy sector, including possibilities of making payments in national currencies. India has been the biggest buyer of Russia’s benchmark Urals grade crude in March. Deliveries to India are set to account for more than 50% of all seaborne Urals exports this month, with China in second place. Russia for the first time has become one of the five largest trading partners of India as the volume of trade between the countries reached $38.4 billion in 2022.

 

8. Italian government seeks to ban English in official communication: Italy’s PM Giorgia Meloni’s Brothers of Italy party has introduced new legislation which proposes a fine of up to Euro 100,000 (Rs 82,46,550) for using any foreign language, especially English, in official communication. The bill was introduced by Fabio Rampelli, a member of the lower chamber of deputies and is supported by the Italian Prime Minister Giorgia Meloni. It also prohibits the use of English in official documentation, including “acronyms and names” of job roles in companies operating in the country. Italian must be the primary language used in all offices, even those which communicate with non-Italian-speaking foreigners, according to the first article of the legislation.

 

9. Israel launches new Ofek-13 spy satellite into orbit: Israel has successfully launched the “Ofek-13″ spy satellite into space by the Shavit launch vehicle, from Palmachim Airbase spaceport. This satellite was manufactured by state-owned Israel Aerospace Industries (IAI). The ‘Ofek 13’ is the most advanced of its kind with unique radar observation capabilities and will enable intelligence collection in any weather and conditions of visibility. It is the latest in a series of domestically produced satellites that were first put into orbit in 1988. Israel joined the club of space powers in 1988 with the deployment of its first Ofek (Horizon in Hebrew) satellite.

 

                                    OTHER UPDATES:

 

SPORTS

 

1. Gregoria Tunjung won 2023 Spain Masters women's title: Gregoria Mariska Tunjung from Indonesia has clinched the Women's title in the 2023 Spain Masters, held in Madrid, Spain from 28 March-2 April 2023. She defeated Indian Badminton player, PV Sindhu. While Japanese badminton player, Kenta Nishimoto won the men's title. Other winners:

·       Men's doubles: He Jiting and Zhou Haodong (China)

·       Women's doubles: Liu Shengshu and Tan Ning (China)

·       Mixed doubles: Mathias Christiansen and Alexandra Bøje (Denmark)

 

2. Max Verstappen wins F1 Australian Grand Prix: Red Bull's driver, Max Verstappen, won his first Australian Grand Prix 2023, held at Melbourne Grand Prix Circuit, Australia. While Seven-time world champion, L. Hamilton (Mercedes driver) finished second followed by F. Alonso (Aston Martin) and L. Stroll (Aston Martin). The Australian Grand Prix is a motor race held annually in Australia since 1928. The next F1 Azerbaijan GP will be held in Baku City Circuit, Azerbaijan on April 30, 2023.

 

3. Daniil Medvedev Wins Maiden Miami Opens Title 2023: Russian tennis star Daniil Medvedev claimed his fourth title of the year by defeating Jannik Sinner in a closely-contested final match in Miami Opens 2023. Medvedev has now won 24 out of his last 25 matches, including his latest victory at the prestigious Miami Open. The win marked his first-ever title win at the Miami Open. Medvedev clinched his fifth Masters 1000 title and 19th title overall by beating Sinner, who has also been in impressive form this season, with a scoreline of 7-5, 6-3.

 

BANKING AND FINANCE

 

1. Public sector banks transfer ₹35,012 cr unclaimed deposits to RBI: The Public sector banks (PSBs) have transferred unclaimed deposits of ₹35,012 crore as of February 2023 to the Reserve Bank of India (RBI). These deposits have not been operated for 10 years or more. SBI tops the list with an unclaimed amount of ₹8,086 crore, while PNB has ₹5,340 crore and Canara Bank has ₹4,558 crore. These unclaimed deposits belong to 10.24 crore accounts transferred to the RBI. MoS for Finance Bhagwat Karad shared this information in Lok Sabha.

 

2. Axis Bank launches business management solution for merchants: Axis Bank and VISA jointly launched a mobile application, 'Digital Dukaan' to empower merchants to accept payments through various digital modes. t is designed to address business requirements such as accepting digital payments, inventory management, and billing. This Android Smart POS application has an in-built camera with an LED flashlight to enable scanning of product barcodes and allow a tap-and-pay option for transactions up to Rs 5,000.

 

3. World Bank: India's economy to slow in FY24, GDP growth seen at 6.3%: World Bank has predicted India's economy to slow in the current fiscal (2023-24) to 6.3% on the back of shrinkage in consumption due to slower income growth. The report estimates India's inflation to moderate from 6.6% to 5.5% in the current fiscal. The Current Account Deficit (CAD) is expected to be 5.2% in FY24. The Economic Survey had projected a growth of 6.5% for the current fiscal while RBI's latest projection pegs growth for FY24 at 6.4%.

 

OBITUARIES

 

1. Oscar-winning Japanese composer Ryuichi Sakamoto passes away: Veteran composer and green activist Ryuichi Sakamoto passed away at the age of 71 due to cancer. He was a Japanese composer, record producer, and actor who pursued a diverse range of styles as a solo artist and as a member of Yellow Magic Orchestra (YMO). As a film-score composer, he won an Oscar, a BAFTA, a Grammy, and two Golden Globe Awards. He won an Academy Award with his score for the 1987 period epic “The Last Emperor".

 

2. Former Indian Cricketer Salim Durani passed away: Former India all-rounder Salim Durani passed away at the age of 88 in Jamnagar, Gujarat. He made a significant contribution in the series against England in 1961-62. In the last two Tests, Salim led India to victory. He played 29 Tests for India from 1960 to 1973, scoring 1,202 runs at an average of 25.04, with one century (104 against West Indies in 1962) and seven fifties. He was a left-arm spinner and claimed 75 wickets at 35.42 apiece. In first-class cricket, he played for Saurashtra, Gujarat, and Rajasthan.


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