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Friday, December 29, 2023

Daily GK Update- 29th Dec, 2023

 

NATIONAL UPDATES:

 

1. Kerala CM launched new board for transparent Public Sector Recruitment: Kerala Chief Minister Pinarayi Vijayan has inaugurated an autonomous board established by the state government to recruit efficient and skilled candidates for Public Sector Units (PSUs) through a transparent selection process. The board aims to enhance the efficiency of public sector institutions in the state, he said during the inauguration of the Kerala Public Enterprises (Selection and Recruitment) Board, and its office at Vellayambalam. The recruitment of public sector undertakings under the Department of Industries and Commerce will be under the board’s purview in the first phase. Initial tasks include selection for various posts in 20 public institutions and appointing managing directors in 22 public sector institutions.

 

2. Delhi, Bangalore, Mumbai host over 20% of India’s crypto investments: A report by crypto trading platform Coin Switch showed Delhi maintained its lead in India’s crypto adoption, followed by Bangalore and Mumbai. The parameter for this was in terms of value invested. According to the report, more than 20 percent of India’s total crypto investments are concentrated in the three major metropolitan areas: Delhi (9 percent), Bangalore (8 percent) and Mumbai (5 percent). Ghaziabad claimed the 10th position in the list of the top invested cities, replacing Patna. Around 75% of crypto investors are under 35 years old, while women make up 9% of India’s crypto investor base. Dogecoin, Bitcoin, and Ethereum were the most invested cryptocurrencies of the year.

 

3. Katie Moon appoints as ambassador of Mumbai Marathon: Two-time pole vault world champion and Tokyo Olympics gold medalist Katie Moon has been roped in as event ambassador for the 19th edition of the Tata Mumbai Marathon. Promoted by Procam International, the Mumbai Marathon is a World Athletics Gold Label Race. Moon had clinched gold medal at the 2022 Eugene and 2023 Budapest World Athletics Championships.

 

INTERNATIONAL UPDATES:

 

1. Cabinet approves opening of Consulate General of India in Auckland, New Zealand: The Union Cabinet chaired by the Prime Minister, Narendra Modi has approved the proposal to open a Consulate General of India in Auckland, New Zealand. Opening of Consulate General of India in Auckland would help in increasing India’s diplomatic footprint and strengthen India’s diplomatic representation in view of India’s increasing global engagement. This will also help promote India’s strategic and commercial interests and better serve the welfare of the Indian community in Auckland. The Consulate is likely to be opened and fully operationalized within a time frame of 12 months.

 

2. India and Italy signed Mobility and Migration Partnership Agreement: The Union Cabinet has provided ex-post facto approval to the Ministry of External Affairs’ proposal to sign and ratify the Migration and Mobility Agreement between India and Italy. This agreement aims to strengthen ties between both cultures and promote mobility among students, skilled workers, business professionals, and young talent. This also includes a 12-month residency that may be granted to Indian students in Italy for work experience. This agreement was signed on November 2, 2023, by External Affairs Minister S Jaishankar and the Italian Minister of Foreign Affairs and International Cooperation, Antonio Tajani. Now, Union cabinet, chaired by Prime Minister Narendra Modi, approved the proposal to move ahead.

 

3. India and Malaysia sign an MoU for Cooperation in Broadcasting: The Union Cabinet chaired by Prime Minister, Narendra Modi has approved the MoU/Agreement to strengthen the cooperation in the field of broadcasting, exchange of news, and audio-visual programmes as well as significantly augment India’s friendly relations with Malaysia. With this, the total number of MoUs signed by Prasar Bharati with different countries has increased to 46. Prasar Bharati plays a very important role in nation-building and lays continuous focus on providing meaningful and accurate content to one and all, both within the country and abroad. These MoUs are going to be crucial in distribution of content in other countries, in developing partnerships with international broadcasters and exploring new strategies to address the demands of new technologies.

 

4. PPP nominated first Hindu woman for elections in Khyber Pakhtunkhwa: Pakistan People’s Party nominates Dr Saveera Parkash, to contest from Khyber Pakhtunkhwa’s Buner district in the General Elections. The decision comes following the Pakistan Electoral Commission’s mandate of having at least 5% women candidates on general seats. Prakash, a member of the PPP women’s wing, will run for the PK-25 seat in the February 8 elections. Her father, Oam Parkash is a retired doctor and has been an active member of the PPP for over three decades. Saveera was also serving as the PPP women’s wing General Secretary in Buner.

 

OTHER UPDATES:

DEFENCE

 

1. Anish Dayal Singh Appointed Director General of CRPF: Anish Dayal Singh has been appointed as the Director General of Central Reserve Police Force (CRPF). Mr Singh is a 1988-batch Indian Police Service (IPS) officer of Manipur cadre. Earlier he was heading Indo-Tibetan Border Police (ITBP). The Central Reserve Police Force (CRPF) is a reserve gendarmerie and internal combat force in India under the authority of the Ministry of Home Affairs (MHA) of the Government of India.

 

2. Rahul Rasgotra has been appointed as the Director General of ITBP: Senior IPS officer Mr. Rahul Rasgotra is a (1989-batch-Manipur cadre) has been appointed as  the Director General of Indo-Tibetan Border Police (ITBP). Rahul Rasgotra, at present a special director in the Intelligence Bureau (IB). The Indo-Tibetan Border Police (ITBP) is a border guarding force of India deployed along its borders with Tibet Autonomous Region.

 

3. Nina Singh First Woman CISF Chief: Nina Singh has been appointed as the chief of Central Industrial Security Force (CISF). Currently, Nina Singh (1989-batch IPS officer -Rajasthan cadre) is working as Special Director General, CISF. CISF is a federal police organisation in India under the Ministry of Home Affairs. Vivek Srivastava, a 1989-batch IPS officer of Gujarat cadre, will be Director General, Fire Service, Civil Defence and Home Guards. He has been appointed to the post till June 30, 2025.

 

SPORTS

 

1. Suriya acquired ownership of Chennai in Indian Street Premier League: National Award winner Suriya has joined the Indian Street Premier League (ISPL) as the owner of team Chennai. The ISPL is India’s first tennis ball T10 cricket tournament that will be played inside a stadium. The tournament will feature 19 high-intensity matches, boasting a line-up of six teams – Hyderabad, Mumbai, Bengaluru, Chennai, Kolkata, and Srinagar. Recently, Amitabh Bachchan, Akshay Kumar, Hrithik Roshan, and Ram Charan were announced as the team owners of Mumbai, Srinagar, Bengaluru, and Hyderabad, respectively. The ISPL is scheduled to be held from March 2 to March 9 in Mumbai.

 

SCIENCE AND TECHNOLOGY

 

1. China launches a Long March-11 carrier rocket into space: China has successfully launched a Long March-11 carrier rocket into space, sending three satellites into planned orbit. The Taiyuan Satellite Launch Center launched the rocket from waters off the coast of Yangjiang, south China’s Guangdong Province. The satellites will be mainly used for space science and technology experiments. It was the 503rd mission of the Long March carrier rocket series.

 

BANKING AND FINANCE

 

1. Reserve Bank of India approves IDFC-IDFC First Bank merger: Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. The boards of IDFC First Bank and IDFC have approved the reverse merger in July. As part of the composite scheme of amalgamation, IDFC FHCL would first merge with IDFC and then IDFC into IDFC First Bank Ltd. The scheme remains subject to other statutory and regulatory approvals, including from the National Company Law Tribunal and the respective shareholders and creditors of the companies involved under the applicable laws. Under the proposed reverse merger scheme, an IDFC shareholder will get 155 shares for every 100 shares she/he holds in the bank. Both stocks have a face value of Rs 10 each.

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