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Saturday, October 14, 2023

Daily GK Update- 14th Oct, 2023

 

NATIONAL UPDATES:

 

1. Petroleum Minister inaugurates 26th Energy Technology Meeting in New Delhi: Petroleum Minister Hardeep Singh has inaugurated the 26th Energy Technology Meet at Bharat Mandapam, New Delhi. Objective – To provide a common forum for refiners and technology service providers for the exposition of recent advances. India had exceeded its biofuel blending targets, which are an important component of the country’s green energy policy. The aim of 20% biofuel blending, which was originally set for 2030, has been pushed back to 2025.

 

2. Kerala’s first 3D-printed building to be inaugurated: Named Amaze-28, Kerala’s first building built using 3D printing technology has been inaugurated. Inaugurated by revenue minister K Rajan. The building with a 380 sq ft one-room summer house is in Kerala State Nirmithi Kendra (Kesnik) campus at PTP Nagar of Thiruvananthapuram. Designed as a demonstration project, Amaze-28 is a model that was completed in just 28 days. The project was completed by Kera State Nirmiti Kerndra with the support of Tvasta, a Chennai-based construction tech start-up launched by some IIT-Madras alumni. 3D printing is layer-by-layer printing. In 3D printing basically, there are 3 processing. First is data processing, second is material processing and 3rd is robotic printing. In material processing what we do is when you have an object or structure, we convert that into a 3D model. The building was named ‘Amaze 28’ as it was constructed in a record 28 days.

 

3. Pankaj Bohra takes over as national president of IACC: Pankaj Bohra, a Chartered Accountant from Ahmedabad has become the first-ever person from Gujarat to assume the role of National President of the Indo-American Chamber of Commerce (IACC). The IACC is a 55-year-old apex chamber of commerce and is engaged in promoting bilateral trade and investments between India and the USA IACC with 14 offices in India and 27 partner organizations in the US. Today bilateral trade between India and USA is experiencing rapid growth with USA emerging as the largest trading partner of India. The bonds between the two nations are stronger than ever and are ready to enter into a new orbit. With a professional experience spanning over four decades, Bohra currently serves as the senior partner at Pankaj Bohra & Co., Chartered Accountants.

 

4. Health Minister inaugurates Nagaland’s first Medical College in Kohima: Union Health Minister Dr. Mansukh Mandaviya inaugurated Nagaland’s first Medical College - Nagaland Institute of Medical Sciences and Research ( NIMSR), at Phreibagei in Kohima. Nagaland’s first Medical College will not only serve the purpose of providing medical education but will also contribute to research and finding solutions to any rare diseases for the people of Nagaland.

 

5. Indian Army installs first ever mobile tower at Siachen Glacier: The Indian Army has installed a mobile tower in collaboration with Bharat Sanchar Nigam Limited for the first time at Siachen Glacier, the world's highest battlefield. The Base Transceiver Station (BTS) was established at the forward post of the highest battlefield on October 6 for the Army soldiers. The Siachen Glacier is a glacier located in the eastern Karakoram range in the Himalayas.

 

INTERNATIONAL UPDATES:

 

1. Gold medalist Neeraj Chopra appointed Laureus Ambassador: India’s Neeraj Chopra, the reigning Olympic and world javelin champion, was named a Laureus ambassador. The 25-year-old Chopra became the second Indian to be named Laureus ambassador after former cricketer Yuvraj Singh was honoured in 2017. Laureus is a global sports-based charity that works to improve the lives of young people. The organization leverages its Sport for Good initiative, the World Sports Academy, the ambassador programme and the World Sports Awards to harness the inspirational influence of sports as a catalyst for positive change. Cricketers Kapil Dev, Rahul Dravid and Sachin Tendulkar are part of Laureus World Sports Academy, which under the chairmanship of former New Zealand rugby union captain Sean Fitzpatrick, performs the crucial role of voting for the winners of the Laureus Awards. Last year, Neeraj Chopra, who won the Olympic gold medal in 2021 to become the first Indian track and field athlete to win an Olympic medal, was nominated for the Laureus World Breakthrough of the Year award for 2022. However, the award went to British tennis sensation Emma Raducanu. Chopra is only the third Indian – after wrestler Vinesh Phogat and cricket legend Sachin Tendulkar – to be nominated for a Laureus award.

 

2. 14 October 2023 – World Migratory Bird Day (WMBD): World Migratory Bird Day is celebrated every year on the second Saturday in May and the second Saturday in October. This year 13 May and 14 October are celebrated as World Migratory Bird Day. It’s a day that highlights the importance of migratory birds and their conservation efforts. Theme 2023 – Water: Sustaining Bird Life In 1993, the United States initiated the idea of a day dedicated to migratory birds. It was a joint effort by the US Fish and Wildlife Service, the Smithsonian Migratory Bird Center, and the Cornell Laboratory of Ornithology. Their aim was to encourage bird festivals and educational programs nationwide. Later, in 2016, the first global World Migratory Bird Day was celebrated, thanks to the African-Eurasian Migratory Waterbird Agreement (AEWA) and the Conservation of Migratory Species of Wild Animals (CMS).

 

3. PM Modi inaugurates 141st session of International Olympic Committee: Prime Minister Narendra Modi will inaugurate the 141st International Olympic Committee Session in Mumbai. India is hosting the International Olympic Committee session for the second time and after a gap of about 40 years. The IOC's 86th session was held in New Delhi in 1983. Important decisions regarding the future of the Olympic Games are made at the IOC Sessions.

 

4. World Standards Day is observed on 14th October: On October 14, people worldwide observe World Standards Day, also known as International Standards Day.  The theme 2023 is “Shared Vision for a Better World: Incorporating Sustainable Development Goal for Good Health and Well-Being.” Aim: To educate consumers, policymakers, and businesses on the importance of standardization.  It serves as an opportunity to raise awareness among nations and their citizens and encourages them towards a better quality of life.

 

5. International Day for Disaster Risk Reduction is observed on 13th October: The International Day for Disaster Risk Reduction, held each year on 13 October, celebrates how people and communities around the world are reducing their exposure to natural hazards. In 2023, the International Day focuses on the reciprocal relationship between disasters and inequality  The theme of  International Day for Disaster Risk Reduction 2023 is  “Fighting inequality for a resilient future”.

 

OTHER UPDATES:

 

SPORTS

 

1. Ayush Shetty wins bronze medal at BWF World Junior Championships 2023: India’s Ayush Shetty has won a bronze medal at the BWF World Junior Championships held in Spokane, USA.

The 23rd edition of the BWF World Junior Championships was held in Spokane, United States of America (USA). Indonesia’s Alvi Farhan won the BWF World Junior Championships gold medal.

Ayush Shetty won the bronze medal in the competition, losing to Alvi Farhan. Another semi-finalist, France’s Alex Lanier, also won a bronze medal. India has won 11 medals at the BWF World Junior Championships since 1992, including 1 gold, 4 silver and 6 bronze medals. Saina Nehwal’s gold medal wins in 2008 remains India’s best achievement at the BWF World Junior Championships, and she also earned a silver medal in 2006. At the 2022 Championships in Spain, India’s Shankar Muthusamy Subramanian won the silver medal.

 

2. Gill and Athapaththu named ICC Players of the Month for September: India’s talented young batter Shubman Gill won the ICC Men’s Player of the Month for September after run-scoring feats in his country’s trophy-winning Asia Cup campaign. Gill claims his second Player of the Month prize for 2023 after overcoming compatriot Mohammed Siraj, and England’s Dawid Malan, both of whom displayed outstanding form in shorter formats of the international game ahead of the ICC Men’s Cricket World Cup 2023. While Influential Sri Lanka skipper Chamari Athapaththu wins her first Women’s Player of the Month accolade after spearheading a historic T20I series win in England. The Sri Lanka skipper led from the front to secure her side’s maiden series victory in any format on English soil in September, overcoming defeat in the first outing to secure a 2-1 win.

 

 

 

 

 

BANKING AND FINANCE

 

1. RBI Penalizes Paytm Payment Bank with Rs 5.39 crores for KYC Violations: The Reserve Bank of India has imposed a monetary penalty of five crore and thirty-nine lakh rupees on Paytm Payments Bank Limited for violation of Know Your Customer (KYC) and a few other norms. RBI said, the bank had also violated certain provisions of ‘RBI Guidelines for Licensing of Payments Banks’, ‘Guidelines on reporting of unusual cyber security incidents’ and ‘Securing mobile banking applications including UPI ecosystem’.

 

2. RBI Cancels Registration Certificate Of Ind Bank Housing Ltd: The Reserve Bank of India has canceled the Certificate of Registration of Chennai-based Ind Bank Housing Ltd. Indian Bank and HUDCO (Housing and Urban Development Corporation Ltd) are major shareholders in the housing finance company, holding 51 per cent and 25 per cent stake, respectively. The company was set up in 1991. The housing finance company’s net loss widened to ₹55.78 lakh in FY23 against ₹12.93 lakh in FY22.

 

3. ICICI Bank Introduces ‘iFinance,’ A One-Stop Solution: ICICI Bank announced the launch of ‘iFinance’ to get a consolidated view of their savings and current accounts in one place. The ‘iFinance’ facility is available across our mobile banking and internet banking platforms which provide ease of access to account information to the customers. Objective: To enable our customers as well as customers of other banks to view their account data in one place and provide them better control over their finances. 

 

AWARDS AND HONOURS

 

1. NTPC features in Forbes “World’s Best Employers 2023” List: India’s largest integrated energy conglomerate, NTPC Limited has been recognized as one of the “World’s Best Employers 2023” in the Forbes World’s Best Employers list 2023. It ranked 261st out of top 700 companies in the World ranking and is the only Indian PSU to figure in the list. This is a testimony that the people practices at NTPC are at par with the top companies in the world. Every year Forbes publishes the World’s Best Employers List through independent market research to identify top 700 companies which offer exciting working and a positive environment, opportunities for training and career advancement, employee benefits, employee centric and workplace diversity. Forbes partnered with market research firm Statista to create the seventh annual list of the World’s Best Employers this year. This recognizes NTPC’s progressive and “People before PLF” approach, excellence in the development and management of its Human Resources through continuous process improvement, creating a caring, learning and engaging workplace, employee well-being and care and creating a meaningful, collaborative employee experience by putting the needs of employees first and adopting people practices aligned strategically to business needs.

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