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Monday, September 18, 2023

Daily GK Update- 18th Sept, 2023

NATIONAL UPDATES:

 

1. West Bengal's Shantiniketan makes it to UNESCO World Heritage list: Shantiniketan has been included in the UNESCO World Heritage list.  Santiniketan becomes the 41st UNESCO World Heritage Site in India and the third in West Bengal, after the Sundarbans National Park and the Darjeeling Mountain Railways. The decision to include Santiniketan in the list was taken during the 45th session of the World Heritage Committee in Saudi Arabia. Established in 1901 by Maharshi Debendranath Tagore, located in Birbhum district of West Bengal.

 

2. Haryana CM Khattar launches new e-Bhoomi portal: Haryana CM Manohar Lal Khattar launched a new e-Bhoomi portal that promises to further ease the process of purchasing land for the development of government projects with the consent of landowners. Objective: To extend benefits to landowners whose names are recorded in the revenue estate of villages Kasan, Kukrola and Sahrawan in Manesar tehsil of Gurugram district Farmers can offer their land independently or through listed aggregators.

 

3. Dharmendra Pradhan, Om Birla launch 'Skills on Wheels' initiative: Union Minister for Education Dharmendra Pradhan with Lok sabha speaker Om Birla launched the ‘Skills on Wheels’ initiative with NSDC and IndusInd Bank. Aim: To generate awareness around the government's skill development mission, opportunities and support system available for youths. Objective: To promote digital literacy and digital skills in which India is developing global competency this scheme with the help of NSDC has been launched.

 

4. Rajnath Singh approved 23 new Sainik Schools in partnership mode: Defence minister Rajnath Singh has approved the setting up of 23 New Sainik Schools in partnership mode, thereby increasing the tally of such schools functioning under the aegis of Sainik School Society to 42. Apart from the existing 33 Sainik Schools already functioning under the erstwhile pattern. The objective of eventually setting up 100 new Sainik Schools in partnership mode is to provide quality education to the students in tune with the National Education Policy (NEP) and give them better career opportunities, including joining the armed forces. The objectives of this initiative envisioned by Prime Minister Narendra Modi include providing quality education in line with the National Education Policy and enhancing career opportunities for students, including the option to join the armed forces. It also promotes collaboration between the private sector and the government for nation-building and the development of responsible citizens.

 

5. IIT Guwahati researchers develop pharmaceutical and food products: Researchers from the Indian Institute of Technology (IIT) Guwahati have developed pharmaceutical and food products from tea factory waste. As per a recent study, tea is one of the most widely consumed beverages worldwide with world tea consumption reaching 6.3 million tonnes and is expected to rise to 7.4 million tonnes by 2025. This huge increase in tea consumption leads to an increase in industrial tea waste generation which leads to the non-utilisation of valuable agricultural resources and deterioration of environment. The findings of these studies have also been published in various international journals including the International Journal of Biological Macromolecules, Chemosphere, Critical Reviews in Biotechnology, etc.

 

INTERNATIONAL UPDATES:

 

1. World Bamboo Day is observed on 18th September: World Bamboo Day is observed annually on 18th September 2023.  Aim: To raise awareness about the importance of bamboo but also promote its role in sustainable development, poverty alleviation, environmental conservation and cultural preservation. Bamboo is a type of grass that grows rapidly and is known for its strength, flexibility and eco-friendliness and to celebrate the many uses and benefits of this versatile and sustainable resource.

 

2. Tata Steel signs 500 million pound-deal with UK govt: The United Kingdom has signed a joint investment package with Tata Steel worth £1.25 billion (about $1.55 billion), including a government grant of £500 million ($621 million,) to secure the future of Port Talbot operations in Wales — the country’s largest steelworks. The joint investment package is the largest in the UK steel industry in decades would pave the way for greener steelmaking at the Welsh unit, by replacing coal-powered blast furnaces nearing the end of their effective life with a state-of-art 3 million tonne electric arc furnace (EAF). The move is aimed at reducing the UK’s entire carbon emissions by around 1.5 percent. The £500 million grant — one of the largest support packages from the UK government — is subject to relevant regulatory approvals and consultation processes. Tata Steel’s share, about £700 million, would be funded largely through internal equity.

 

3. India ranks first among 154 nations in grassroots crypto adoption: India has been ranked first in grassroots crypto adoption, even amid a tough regulatory environment, according to Chainalysis’ 2023 Global Crypto Adoption Index. The country ranked first in four parameters including centralized service value received, retail centralized service value received, DeFi value received and Retail DeFi value received. Last year India stood fourth. Nigeria ranked second in the index, followed by Vietnam, United States and Ukraine. The report also said that low-income countries saw a dramatic uptick in crypto adoption following a slump in late 2022, spurred by the collapse of the FTX. The report combines on-chain data and real-world data to measure which countries are leading the world in grassroots crypto adoption. Grassroots crypto adoption isn’t about which countries have the highest raw transaction volumes, Instead, it’s the countries where average, everyday people are embracing crypto the most, the report explains.

The government has introduced stringent taxation rules, including a 30% tax on gains and a 1% TDS (Tax Deducted at Source) on crypto trades.

 

4. 18 September – World Bamboo Day: World Bamboo Day is observed annually on September 18. Objective – To raise awareness about the myriad benefits of bamboo and its role in addressing pressing global challenges. World Bamboo Day was established courtesy the efforts of the World Bamboo Organization, a non-profit organization that was founded in 2005 by Susanne Lucas and David Knights to promote bamboo as a valuable and versatile resource. In 2009, the WBO organized the first World Bamboo Congress in Bangkok, Thailand which brought together bamboo enthusiasts, experts, researchers, and industry professionals from around the world and proposed the idea of creating a dedicated day to celebrate bamboo. Bamboo is a type of grass that grows rapidly and is known for its strength.

 

5. 18 September – International Equal Pay Day 2023: International Equal Pay Day is observed every year on 18 September. This day underscores the commitment of the United Nations to uphold human rights and combat all forms of discrimination, particularly discrimination against women and girls. International Equal Pay Day traces its origins back to 1996 when it was first observed by the National Committee on Pay Equity. This committee comprised women’s and civil rights organizations dedicated to eradicating wage discrimination based on gender and race. Their ultimate goal was to achieve pay equity for all.

 

OTHER UPDATES:

 

SPORTS

 

1. Neeraj Chopra scored second in men’s event at Diamond League Final 2023: Indian javelin thrower Neeraj Chopra finished second in the men’s event at the Diamond League Final 2023 in USA. The Indian's best throw of 83.80 meter came in his second attempt. However, Czech Republic’s Jakub Vadlejch, won his third title with a best throw of 84.24 meter.  Oliver Helander of Finland scored third position while Andrian Mardare of Moldovan scored fourth position and Curtis Thompson of USA scored fifth position in this event.

 

2. Ferrari's Carlos Sainz wins F1 Singapore Grand Prix to end Red Bull's run: Ferrari's Carlos Sainz won the Singapore Grand Prix 2023 to end Formula 1 leader Max Verstappen's record run of 10 wins in a row and shatter Red Bull's dream of going through the season unbeaten. McLaren's Lando Norris finished a close second and Mercedes' Lewis Hamilton took third place as Red Bull ended up off the podium for the first time since last November's Brazilian Grand Prix. Double world champion Verstappen started 11th and finished fifth, with teammate

 

3. India won Asia Cup for record-extending 8th time: India won the Asia Cup 2023 after beating Sri Lanka in the final by 10 wickets. This victory marked India’s first Asia Cup win since 2018. India reached their target in just 6.1 overs, winning the final with 263 balls to spare and all 10 wickets intact. This was India’s biggest winning margin in terms of balls remaining. The previous best was against Kenya in 2001, where they chased down a target of 91 with 231 balls to spare. Kuldeep Yadav clinches 9 wickets in the tournament and wins the Player of the Tournament award. The ground staff who ensured successful completion of the matches were presented with an award of $50000. Mohammed Siraj earned the Player of the Match award.

Ravindra Jadeja was awarded the Catch of the Match award

 

BANKING AND FINANCE

 

1. Yes Bank partners Juspay to offer merchant in-app UPI payments: Juspay, India's leading payments company, has partnered with Yes Bank to launch HyperUPI, NPCI's plug-in SDK that enables in-app UPI payments in merchant apps.  Merchants can now offer simple “1-click UPI experiences" in their Android and iOS apps without having to become an official UPI app. Customers will no longer need to depend on another app to make UPI transactions as these payments can now be made on the merchant's app.

 

2. IndusInd Bank launches ‘Virtual Commercial Credit Card’: IndusInd Bank launched of the ‘Virtual Commercial Card' to redefine cross-border transactions for corporates and travel agents. In a tie-up with Visa, this has additional layers of security that grant the users control over their international expenses, making it a safe and hassle-free experience for the customers

Users can generate virtual cards in foreign-denominated currencies as well, safeguarding the parent card number, ensuring utmost security for transactions.

 

3. Indian Bank unveils 'IB SAATHI' to enhance banking services: Public sector Indian Bank announced the rollout of the 'IB SAATHI' initiative aimed at providing an integrated ecosystem for all stakeholders in the financial sector through the business correspondent route.

 SAATHI Stands for Sustainable Access and Aligning Technology for Holistic Inclusion. Objective:  To offer an enhanced user experience through the simplified delivery of services, encompassing both basic and value-added offerings to customers.

 

AWARDS AND HONOURS

 

1. Rahul Mishra awarded Chevalier de l'Ordre des Arts et des Lettres: Rahul Mishra received the French government's Chevalier de l’Ordre des Arts et des Lettres honor 2023. This award was previously won by his compatriots Ritu Kumar, Ritu Beri, and Wendell Rodricks  His works that highlight the highest standards and craft of local artisans in India have been shown at prestigious fashion weeks in Paris, Milan, and Mumbai.

 

2. Team including Indian researcher wins 2023 Ig Nobel prize: A team of scientists from India, China, Malaysia, and the US has won this year’s Ig Nobels, the prize for humorous scientific feats, in the mechanical engineering category for its study of repurposing dead spiders to be used in gripping tools. Researchers Te Faye Yap, Zhen Liu, Anoop Rajappan, Trevor Shimokusu, and Daniel Preston, from Rice University in the US, won the prize for their research on re-animating dead spiders to use as mechanical gripping tools. Counting nose hairs in cadavers, repurposing dead spiders, smart toilets idea, and explaining why scientists lick rocks, were among the 10 winning achievements in the 33rd Ig Nobel Prize ceremony. The Nobel Prize is the premier award in science, reserved for those that “have conferred the greatest benefit to humankind.”


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