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Sunday, May 28, 2023

Daily GK Update- 28th May, 2023

NATIONAL UPDATES:

 

1. PM Narendra Modi inaugurated new Parliament building in New Delhi:  PM Modi inaugurated the new New Delhi Parliament House on May 28, 2023. He has also installed the Sengol with Nandi in the Lok Sabha chamber. About New Parliament: Constructed by: Tata Projects Ltd Three main gates: Gyan Dwar, Shakti Dwar, and Karma Dwar The new building can comfortably seat 888 members in the Lok Sabha chamber and 300 in the Rajya Sabha chamber The new Lok Sabha chamber has a peacock theme and Rajya Sabha's theme is based on National Flower, Lotus

 

2. Odisha govt collaborates with Infosys, Nasscom: The Odisha Government’s Higher Education Department has entered into a Memorandum of Understanding with Infosys Limited and Nasscom to enhance the skills and employability of students in Higher Education Institutions in Odisha. This collaboration aims to provide learning and employment opportunities for students and promote equal access to education for passionate individuals, equipping them for the future. Infosys, in line with its ESG Vision 2030, has set a goal to enable digital skills on a large scale and empower more than 10 million people across India from diverse socioeconomic backgrounds by 2025 through its programme called Infosys Springboard. As part of its corporate social responsibility (CSR) efforts, Infosys Springboard aims to offer a comprehensive virtual platform that provides learning experiences free of charge. The platform is accessible on any device and facilitates close collaboration between educators and learners, catering to students from the 6th grade to lifelong learners. Under this MoU, Nasscom will provide training to 800,000 students through their future skills prime program. The collaboration focuses on developing technical expertise across various disciplines, promoting digital fluency, and delivering industry-curated content. It offers a comprehensive career-building programme that leads to industry-recognized Nasscom certifications.

 

3. NTCA forms new committee to oversee Cheetah project: The National Tiger Conservation Authority (NTCA) set up an 11-member Cheetah Project Steering Committee. Rajesh Gopal, general secretary of the Global Tiger Forum, has been appointed as the chairman of the committee. The committee works under the Ministry of Environment, Forest and Climate Change. The move comes following the death of six cheetahs, including three newborn cubs, within a period of two and half months at Kuno National Park (KNP) in Madhya Pradesh. In the last one week, three cheetah cubs born to the Namibian cheetah allegedly died of dehydration and malnourishment. The decision to form the committee was taken in a meeting with the additional chief secretary of the Madhya Pradesh government. The committee will also take decisions on the opening of the cheetah habitat for eco-tourism and suggest regulations in this regard.

 

4. Mega ‘Yoga Festival’ in Hyderabad: Morarji Desai National Institute of Yoga (MDNIY) under the Union Ministry of AYUSH has organized a mega ‘Yoga Festival’ at NCC Parade Ground, Hyderabad. Telangana Governor Dr. Tamilisai Soundararajan was the chief guest at the Yoga Festival being organized at NCC Parade Ground, Hyderabad. This event was organized 25 days before the Yoga Festival to be held in Jabalpur, Madhya Pradesh on the occasion of ‘International Yoga Day’ on June 21, 2023. Union Minister for Ports, Shipping and Waterways and AYUSH Sarbananda Sonowal announced the theme of International Day of Yoga this year as ‘Yoga for Vasudhaiva Kutumbakam’.

 

5. R Dinesh appointed as CII President for 2023-24: The Confederation of Indian Industry (CII) has elected R Dinesh, the Executive Vice Chairman of TVS Supply Chain Solutions as its President for 2023-24. He takes over from Sanjiv Bajaj, the Chairman and Managing Director of Bajaj Finserv Limited. Rajeev Memani, President, EY India Region, has been appointed as the Vice President of CII.

 

INTERNATIONAL UPDATES:

 

1. Menstrual Hygiene Day 2023: 28th May: Menstrual Hygiene Day is observed annually on May 28 to highlight the importance of good menstrual hygiene and break stigma around menstruation. The theme for 2023 is 'Making menstruation a normal fact of life by 2030. This day was selected because the menstrual cycle averages 28 days in length and people on average menstruate for five days each month. This day was started by Germany-based NGO WASH United in 2013 and it was observed for the first time on May 28, 2014.

 

2. 8th International Conference on Pharma and Medical Device Sector: Union Health Minister, Dr Mansukh Mandaviya has inaugurated the 8th International Conference on Pharma and Medical Device Sector. He unveiled the National Medical Device Policy 2023 and launched the Export Promotion Council for Medical Devices. He also launched a scheme titled ‘Assistance for Medical Devices clusters for Common Facilities (AMD-CF)’. Aim: To establish and strengthen common infrastructure facilities in the medical devices clusters

 

3. Reliance Chairman Mukesh Ambani on Advisory Committee of COP28: Reliance Industries Ltd Chairman, Mukesh Ambani has been named as a member of the international advisory committee that will provide guidance and counsel to the presidency of the 28th session of the Conference of the Parties (COP28), UAE. He is among 31 international experts named on the panel. The panel will inspire collaborative and transformative action across adaptation, mitigation, damage, food, and nature-based solutions.

 

OTHER UPDATES:

 

 

 

BANKING AND FINANCE

 

1. RBI sanctions merger of Maratha Co-op Bank with Cosmos Co-op Bank: RBI has approved the voluntary Scheme of Amalgamation of Maratha Sahakari Bank with The Cosmos Co operative Bank, with effect from May 29, 2023. The central bank had placed Maratha Sahakari Bank under Directions under Section 35 of the Banking Regulation Act, 1949, on August 31, 2016. All the branches of Maratha Sahakari Bank Ltd will function as branches of The Cosmos Co-operative Bank Limited. Maratha Sahakari Bank has seven branches in Mumbai.

 

2. Indian Bank empanelled as a clearing and settlement bank with ICCL: Indian Bank has entered into an agreement with Indian Clearing Corporation Ltd. (ICCL) as its Clearing and Settlement Bank. Indian Bank will now facilitate banking services to members of BSE, Mumbai for clearing and settlement operations. Clearing members can now open settlement accounts with the bank for funds settlement under the equity derivatives segment. The proposal to extend this facility to the members of NSE is under active consideration.

 

3. SEBI sets up intermediary advisory panel: SEBI has formed an Intermediary Advisory Committee to advise the market regulator on changes in the legal framework. The committee will also advise SEBI on increasing transparency in the functioning of market intermediaries like stock exchanges, clearing corporations, etc. Chaired by: Former Sebi executive director S Ravindran. Other members: Ashish Chauhan (CEO of NSE) and Sundararaman Ramamurthy (CEO of BSE), representatives from the broking community, legal, and FI

 

4. India signed agreement with ADB for development of infrastructure in Andhra Pradesh: The Indian government has signed a loan agreement of USD 141.12 million with the Asian Development Bank for the development of infrastructure in three industrial clusters situated in Andhra Pradesh. The loan will be utilized to enhance road networks, water supply systems, and electricity distribution networks, fostering industrialization and job creation in the targeted areas. This financing is the second tranche of the $500 million multi-tranche financing facility (MFF) for the program approved by ADB in 2016 to build infrastructure in three industrial clusters in the Visakhapatnam and Srikalahasthi-Chittoor nodes in the state. By adopting a multi-sectoral approach, ADB financing aims to boost manufacturing, improve competitiveness, and increase the manufacturing sector’s contribution to Andhra Pradesh’s gross domestic product.

 

AWARDS AND HONOURS

 

1. Hrithik Roshan and Alia Bhatt win the award for best actor at IIFA 2023: Hrithik Roshan has bagged the Best Actor award at the International Indian Film Academy Awards (IIFA) 2023 held in Abu Dhabi. He was awarded for his performance in Vikram Vedha. While Alia Bhatt also won the Best Actor (Female) award for Gangubai Kathiawadi.

·       Best Film: Drishyam 2

·       Best Director: R Madhavan (Rocketry: The Nambi Effect)

·       Supporting Role:

·       Best Actor (Female): Mouni Roy (Brahmastra: Part One - Shiva)

·       Best Actor(Male): Anil Kapoor (Jugg Jugg Jeeyo)

 

OBITUARIES

 

1. Writer and literary critic G H Nayak passes away: Writer and literary critic Govindaray H Nayak, who was popularly known as G H Nayak, passed away at 88 due to a heart attack in Mysuru. He won the Kendra Sahitya Academy Award for his work ‘Uttarardha’ in 2014. He was also awarded the Karnataka Sahitya Academy Award for ‘Nirapeksha’ and V M Inamdhar Memorial Award for ‘Nijadani’. He had also been the recipient of the prestigious Pampa Award. His works include Samakaalina and Anivaarya


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