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Wednesday, November 10, 2021

Daily GK Update- 10th Nov, 2021

 

NATIONAL UPDATES:

 

1. Punjab became 1st Indian state to approve Tissue Culture-Based Seed Potato Rules: The Punjab Cabinet headed by chief minister Charanjit Singh Channi approved the ‘Punjab Tissue Culture Based Seed Potato Rules-2021’ to develop Punjab as a standard potato seed centre. With this decision, Punjab has become the first Indian state to have the facility of tissue culture-based certification, which will develop the Jalandhar-Kapurthala belt of Punjab as the export hub of potatoes. The Cabinet also approved to introduce the ‘Punjab Horticulture Nursery Bill-2021’ by amending ‘Punjab Fruit Nursery Act-1961‘.

Note: Punjab Governor: Banwarilal Purohit; Punjab Capital: Chandigarh; Punjab Chief minister: Charanjit Singh Channi.

 

2. 14th edition of Cyber security conference to be inaugurated by Bipin Rawat: Chief of Defence Staff, General Bipin Rawat will inaugurate the 14th edition of ‘c0c0n’, an annual Hacking and Cyber Security Briefing, which will be held virtually from Nov 10-13. The conference, which is being conducted by Kerala Police in association with two non-profit organisations, Society for the Policing of Cyberspace (POLCYB) and Information Security Research Association (ISRA), would primarily discuss online scams and defences during the lockdown period. About the conference:

(1) The theme of this year’s ‘c0c0n’ is Improvise, Adapt and Overcome.

(2) The conference is being held in such a way that online security is beneficial even to children in the state where many crimes are taking place with the shift to online classes.

(3) The conference is being held virtually so that people from across the globe can attend the event as the 13th edition of ‘c0c0n’ last year saw more than 6,000 attendees from around the world.

(4) The conference “aims to discuss at the international level the challenges facing the digital world during the COVID period and the solutions needed to overcome them”.

 

3. Srinagar joins UNESCO network of creative cities: Srinagar, the summer capital of Jammu and Kashmir, is among the 49 cities selected worldwide to join the UNESCO creative cities network (UCCN). Prime Minister Narendra Modi hailed the inclusion as a “fitting recognition” for the vibrant cultural ethos of the old city. It has been designated as a creative city of craft and folk arts, UNESCO. These 49 cities were added to the network of 246 cities following their designation by UNESCO Director-General Audrey Azoulay, in recognition of “their commitment to placing culture and creativity at the heart of their development and to sharing knowledge and good practices”. Other Indian cities on the list:

Srinagar joins Chennai and Varanasi – UNESCO Cities of music;

Jaipur – UNESCO city of crafts and folk arts;

Mumbai – UNESCO city of film and;

Hyderabad – UNESCO City of gastronomy.

 

4. Rajib Kumar Mishra given charge as PTC India’s CMD: Rajib Kumar Mishra shall exercise the power of chairman and managing director of PTC India Ltd, subsequent to relieving of Deepak Amitabh. PTC India Ltd. (formerly known as Power Trading Corporation of India Limited), was incorporated in 1999 to undertake to the trade of power to achieve economic efficiency & security of supply & to develop a vibrant power market in the country. Mishra joined PTC India in 2011 as executive director and is now a whole-time director since February 2015. Currently, he is director (business development and marketing), in PTC India. Additionally, he is holding the post of managing director of PTC Energy.

Note: PTC India Ltd Founded: 16 April 1999.

 

INTERNATIONAL UPDATES:

 

1. China launched world’s 1st Earth Science Satellite named “Guangmu”: China has launched the world’s first Earth-science satellite, Guangmu or SDGSAT-1 into space from the Taiyuan Satellite Launch Center in the northern Shanxi Province. The satellite was launched by the Chinese Academy of Sciences (CAS) and developed by the International Research Center of Big Data for Sustainable Development Goals (CBAS).

About the Guangmu: Guangmu was launched by a Long March-6 carrier rocket which is the 395th flight mission. SDGSAT-1 is the first satellite customized according to the UN 2030 Agenda for Sustainable Development which was adopted in 2015 with 17 SDGs for peace and prosperity.

Note: China Capital: Beijing; China Currency: Renminbi; China President: Xi Jinping.

 

2. IHRF appoints Daniel del Valle as the High Representative for Youth: The International Human Rights Foundation (IHRF) has appointed the Spaniard Daniel del Valle as the High Representative for Youth due to his achievements in the thematic area of youth empowerment and youth participation for the United Nations. IHRF, a non-governmental and non-profit institution.

About the Daniel del Valle: Daniel del Valle brings to the International Human Rights Foundation his ongoing experience of serving as Policy Advisor to the Ambassador and Permanent Representative of the Slovak Republic to the United Nations in New York. As a youth representative, he has distinguished himself through his creativity, dedication, energetic advocacy and awareness-raising about the importance of youth empowerment in today’s world, particularly, in developing countries and also in the context of the 2030 Agenda for Sustainable Development.

Note: International Human Rights Foundation Chairman: Garry Kasparov; International Human Rights Foundation Founder: Thor Halvorssen Mendoza; International Human Rights Foundation Founded: 2005; International Human Rights Foundation HQ: New York, USA.

 

3. World Science Day for Peace and Development: 10th November: World Science Day for Peace and Development is celebrated each year on November 10 every year. This day is celebrated to highlight the important role that science play in society and the need to engage the wider public in debates on emerging scientific issues. The year 2021 marks the 20th edition of World Science Day for Peace and Development. With climate change becoming a serious threat to the lives of billions of people and the planet, this year’s celebration will highlight the importance of “Building Climate-Ready Communities”.

History of World Science Day for Peace and Development: World Science Day was proclaimed by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in 2001 and celebrated for the first time in 2002.

Note: Director-General of UNESCO: Audrey Azoulay; UNESCO formation: 4 November 1946; UNESCO headquarters: Paris, France.

 

OTHER UPDATES:

 

SPORTS

 

1. Max Verstappen wins 2021 Mexico City Grand Prix: Max Verstappen (Red Bull – Netherlands) has won the 2021 Mexico City Grand Prix held at the Autódromo Hermanos Rodríguez in Mexico City. Seven-time world champion Lewis Hamilton (Mercedes-Great Britain) stood second while Sergio Perez (Mexico- Red Bull) came third. Perez became the first Mexican to stand on his home podium at a jubilant Autodromo Hermanos Rodriguez.

 

2. Sankalp Gupta becomes 71st Indian Grandmaster: Sankalp Gupta has become India’s 71st Grandmaster by scoring 6.5 points and finishing second in the GM Ask 3 round-robin event in Arandjelovac, Serbia. The Maharashtra player also touched the 2500 Elo rating mark during the tournament. To achieve the GM title, a player has to secure three GM norms and cross the live rating of 2,500 Elo points.

 

3. India’s Tajamul Islam Wins Gold Medal In World Kickboxing Championship: 13-year-old Tajamul Islam is the first Kashmiri girl to have represented India and won the gold medal in the under-14 age category in World Kickboxing Championship held at Cairo in Egypt. Islam defeated Argentina’s Lalina in the final. She was born in Tarkpora, a remote village in north Kashmir’s Bandipora district. Tajamul is also a brand ambassador of the Beti Bachao Beti Padhao (BBBP) scheme.

 

BANKING AND FINANCE

 

1. RBI launches 1st Global Hackathon named HARBINGER 2021: The Reserve Bank of India has launched its first global hackathon named “HARBINGER 2021 – Innovation for Transformation”. The theme of HARBINGER 2021 is ‘Smarter Digital Payments’. The Hackathon invites participants to identify and develop solutions that have the potential to make digital payments accessible to the under-served, enhance the ease of payments and user experience while strengthening the security of digital payments and promote customer protection.

HARBINGER 2021 invites innovative ideas for the following problem statements in the payment and settlement systems landscape:

Innovative, easy-to-use, non-mobile digital payment solutions for converting small-ticket cash transactions to digital mode.

(1) Context-based retail payments to remove the physical act of payment.

(2) The alternate authentication mechanism for digital payments.

(3) Social Media Analysis Monitoring tool for detection of digital payment fraud and disruption.

(4) Being part of HARBINGER 2021 gives an opportunity to the participants to get mentored by industry experts and exhibit their innovative solutions before an eminent jury and win exciting prizes in each category.

Winner: Rs 40 lakh

Runner-up: Rs 20 lakh

 

BUSINESS AND ECONOMY

 

1. Brickwork Ratings Projects India’s GDP at 10-10.5% in FY22: Domestic credit rating agency Brickwork Ratings has estimated the gross domestic product (GDP) of India at 10-10.5 per cent in the current financial year, i.e. in 2021-22 (FY22). Earlier this was estimated at 9 per cent. Brickwork Ratings is a SEBI registered Credit Rating Agency with headquarter in Bengaluru. It expects the GDP growth for Q2 FY22 to be at 8.3 per cent (year-on-year), on the back of a 7.4 per cent contraction in Q2FY21. The country’s GDP grew at 20.1 per cent in the first quarter of fiscal 2022.

 

OBITUARIES

 

1. Philosopher Koneru Ramakrishna Rao passes away: Well-known educationist, teacher, and philosopher, Koneru Ramakrishna Rao passed away. He was an internationally recognized psychologist and served as president of the US-based Parapsychological Association and the Indian Academy of Applied Psychology. He was awarded Padma Shri in 2011. Ramakrishna Rao was instrumental in bringing in numerous curricular reforms to link classrooms with the community during his tenure as the Vice-Chancellor of Andhra University and Chairman of the APSCHE.

Tuesday, November 9, 2021

Daily GK Update- 9th Nov, 2021

 

NATIONAL UPDATES:

 

1. PM Modi dedicates to nation multiple National Highway and Road projects: Prime Minister Shri Narendra Modi laid the foundation stone and dedicated various National Highway and Road projects to the nation in the temple town of Pandharpur in Maharashtra, through video conference. These initiatives are aimed at improving connectivity in the region to facilitate the hassle-free and safe movement of devotees.

About the Project:

(1) PM laid the foundation stone for four laning of five sections of Sreesanth Dnyaneshwar Maharaj Palkhi Marg (NH-965) and four laning of three sections of Sant Tukaram Maharaj Palkhi Marg (NH-965G).

(2) The Sreesanth Dnyaneshwar Maharaj Palkhi Marg will be completed in five phases at estimated costs of more than Rs. 6690 crore while Sant Tukaram Maharaj Palkhi Marg will be completed in three phases at estimated costs of about Rs. 4400 crore.

(3) The project also includes the construction of dedicated walkways for ‘Palkhi’ on either side of these National Highways

(4) PM also dedicated to the nation more than 223 km of completed and upgraded road projects of over Rs. 1180 crore at different National Highways aimed at boosting connectivity to Pandharpur.

 

2. Meghalaya approves creation of new district named Eastern West Khasi Hills District: The Meghalaya Cabinet has approved the proposal of the creation of a new district called Eastern West Khasi Hills district. The new district has been formed by upgrading the Mairang civil sub-division. Mairang will now be a sub-division under the West Khasi Hills district. The new district will be inaugurated on November 10, 2021 by Meghalaya Chief Minister Conrad Sangma. This will increase the total number of districts in the state to 12.

Significance of the move: This move will help in ensuring that the administration will remain closer to the people. It will also ensure that the implementation of several schemes is more effective.

Note: Meghalaya Capital: Shillong; Meghalaya Governor: Satya Pal Malik; Meghalaya Chief minister: Conrad Sangma.

 

3. National Legal Services Day: 9th November: In India, 09 November is celebrated as “National Legal Services Day” every year by all Legal Services Authorities, to commemorate the enactment of the Legal Services Authorities Act 1987. The Day is celebrated to make people aware of the various provisions under the Legal Services Authorities Act and the right of the litigants.

History of the day: On 11 October 1987, the Legal Services Authorities Act 1987 was enacted, while the act took effect on 9 November 1995. The National Legal Services Authority (NALSA) was constituted under the Legal Services Authorities Act, 1987 on 5 December 1995, to provide free Legal Services to the weaker sections of the society and to organize Lok Adalats for amicable settlement of disputes.

 

4. A new book titled “An Economist at Home and Abroad: A Personal Journey” by Shankar Acharya: Noted Economist and former Chief Economic Adviser to the Government of India, Dr Shankar Acharya has authored a new book titled “An Economist at Home and Abroad: A Personal Journey”. The book features the professional and personal life of the most accomplished policy economist Dr Shankar Acharya.

 

INTERNATIONAL UPDATES:

 

1. 2022 QS World University Rankings announced: QS (Quacquarelli Symonds) has released the 2022 QS World University Rankings. The ranking has been topped by the National University of Singapore (NUS) for the 4th year in a row. It is followed by China’s Peking University at 2nd position and Nanyang Technological University in Singapore, and the University of Hong Kong in Hong Kong at 3rd.

Indian Institute of Technology Bombay (IITB) (42nd regionally) and IIT Delhi (45th regionally) are the only two Indian institutions among the Top-50. IIT Madras, which was in 50th place last year, has lost four places and now ranks 54th. India features 118 Indian Universities following China with 126 universities.

 

2. Alphabet Inc launches AI-driven drug discovery start-up Isomorphic Labs: Google parent company Alphabet Inc. has launched a new company in London called Isomorphic Labs. The company aims to use AI (artificial intelligence) for drug discovery and medicine to find cures for some of humanity’s most devastating diseases. Demis Hassabis will be the CEO of Isomorphic Labs. Hassabis is the CEO and co-founder of DeepMind, another Alphabet subsidiary that used AI to predict the 3D structure of a protein directly from its amino acid sequence.

The London-based Isomorphic Labs will work on the most important applications of AI — in the field of biological and medical research. The company aims to use AI to accelerate drug discovery, and ultimately, find cures for some of humanity’s most devastating diseases. The new venture also plans to partner with biomedical and pharmaceutical companies, using artificial intelligence to discover new medicinal advancements.

Note: Google CEO: Sundar Pichai; Google Founded: 4 September 1998, California, United States; Google Founders: Larry Page, Sergey Brin.

 

3. International Week of Science and Peace 2021: 9th to 14th November: International Week of Science and Peace (IWOSP) is a global observance celebrated every year from November 9 to 14. The event is celebrated to encourage people to develop better technology and cultivate peace in their countries. The annual celebration of this event contributes towards the promotion of science, technologies, and peace as well as generating awareness in the general public. The participation and awareness of the events contribute to the right application of science for promoting peace all through the year.

International Week of Science and Peace 2021 History: The International Week of Science and Peace was first observed in 1986 and the event was quite successful. Keeping in view the success and impact of this event, the celebration started to take place continuously by the efforts of the organizers in the successive years. It was proclaimed as an International Week of Science and Peace by the UN General Assembly in the month of December 1988.

 

OTHER UPDATES:

 

SPORTS

 

1. Manika Batra & Archana Kamath clinches women’s doubles title in WTT Contender Table Tennis Tournament: In Table Tennis, Indian duo Manika Batra and Archana Girish Kamath clinched the women’s doubles title in the WTT Contender tournament on November 07, 2021, in Lasko, Slovenia. The Indian pair defeated the Puerto Rican team of Melanie Diaz and Adriana Diaz, 11-3, 11-8, 12-10 to win the title. Meanwhile, Manika Batra also claimed a bronze medal in women’s single title after Wang Yidi of China defeated her by 2-4 (11-7, 7-11, 13-11, 10-12, 11-7, 11-5).

 

2. TCS becomes Jaguar’s Formula E title partner: Tata Consultancy Services (TCS) has joined British racing team Jaguar Racing as the title partner, ahead of the 2021/22 ABB FIA Formula E World Championship. The team will be known as Jaguar TCS Racing. TCS and Jaguar will create a dynamic platform that will drive research and innovation while steering towards advanced concepts and electric vehicle (EV) technologies. The rebranding of the team also brings an all-new livery for 2022. The team heads into Season 8 on the back of its most successful Formula E campaign. Together with drivers Mitch Evans and Sam Bird, Jaguar was second overall in the 2021 Formula E World Championship.

 

BANKING AND FINANCE

 

1. Bandhan Bank named Zubeen Garg as brand ambassador for Assam: Bandhan Bank has announced Popular Assamese & Bollywood singer Zubeen Garg as the brand ambassador for the Bank in Assam. This association is a landmark one for Bandhan Bank as this is the first time ever that the Bank has associated with a brand ambassador since its inception six years back.

To mark the commencement of this association, Zubeen has released his new music video which showcases diverse elements of Assamese culture and heritage. The song and video have been produced courtesy of Bandhan Bank. Titled ‘Axom Amaar Mone Praane,” the song is a melodious blend of the different kinds of folk music native to Assam.

Note: Bandhan Bank HQ: Kolkata, West Bengal; Bandhan Bank Founded: 2001; MD and CEO of Bandhan Bank: Chandra Shekhar Ghosh.

 

BUSINESS AND ECONOMY

 

1. Government collected Rs 1.30 lakh crores as GST for October: Gross Goods and service tax (GST) collection for the month of October came in at Rs 1,30,127 crore, the second-highest collection since GST was implemented in July 2017. The highest-ever GST collection of ₹ 1.41 lakh crore was recorded in April 2021. Revenues for the month are 24% higher year-on-year. Of the gross GST revenue collected in October, Rs 23,861 crore was towards CGST, Rs 30,421 crore was towards SGST and Rs 67,361 crore was towards IGST, and Cess amounted to Rs 8,484 crore. According to the decision taken by the GST Council, back to back the loan of Rs 1.59 lakh crore has been released in advance in lieu of a shortfall in the release of GST compensation during the current fiscal.

List of previous months GST Collection:

September 2021: Rs. 1,17,010 crores

August 2021: Rs. 1.12 lakh crores

July 2021: Rs. 1,16,393 crores

June 2021: Rs. 92,849 crores

May 2021: Rs. 1,02,709 crores

April 2021: Rs. 1.41 lakh crores (All time Highest)

March 2021: Rs. 1.24 lakh crores

February 2021: Rs 1,13,143 crores

January 2021: Rs. 1,19,847 crores

 

DEFENCE

 

1. 3rd Goa Maritime Conclave 2021 Begins: The third edition of Goa Maritime Conclave (GMC) 2021 has been organised by the Indian Navy from November 07 to 09, 2021 at Naval War College, Goa. Chief of the Naval Staff Admiral Karambir Singh would chair the conclave. The theme for 2021 GMC is “Maritime Security and Emerging Non-Traditional Threats: A Case for Proactive Role for IOR Navies”.

Chiefs of Navies/ Heads of Maritime Forces from 12 Indian Ocean Region (IOR) countries are participating in the conclave, which includes Bangladesh, Comoros, Indonesia, Madagascar, Malaysia, Maldives, Mauritius, Myanmar, Seychelles, Singapore, Sri Lanka and Thailand. The conclave provides a platform to discuss non-traditional threats in the Indian Ocean Region and other issues.

Monday, November 8, 2021

Daily GK Update- 8th Nov, 2021

 

NATIONAL UPDATES:

 

1. Union Power Minister inaugurated the “Pakal Dul Hydro Electric Project” in J&K: Union Power Minister R K Singh virtually inaugurated the diversion of the Marusudar River of Pakal Dul Hydro Electric Project in Kishtwar, J&K. Pakal Dul HE Project (1,000 MW) is being constructed by Chenab Valley Power Projects Pvt Limited (CVPPPL) and Jammu and Kashmir State Power Development Corporation. Marusudar River is a major tributary of the Chenab River.

Pakal Dul HE Project:

(1) Pakal Dul HE Project is a 1000 MW project. It is being constructed by Chenab Valley Power Projects [P] Ltd. It is a joint venture company of JKSPDC (Govt of J&K) and NHPC Ltd (Govt of India Enterprise).

(2) Pakal Dul H.E. Project will help in fulfilling the target of 450 GW Renewable energy by 2030.

CVPPPL has been charged with 3094 MW Hydro Power Projects for construction in J&K. The dam will divert water to the south using a 10 km long headrace tunnel. This project was awarded to a consortium of domestic & foreign countries comprising Bharat Heavy Electricals, AFCONS and Jay Prakash Associate, in February 2014.

(3) Through this project, an investment of Rs 8212 crores is being made in this region. The investment will in turn provide direct & indirect employment opportunities. It will help in the overall development of local inhabitants.

 

2. India’s first rooftop drive-in theatre launched in Mumbai: The first open-air rooftop drive-in movie theatre in India has been inaugurated at Jio World Drive mall of Reliance Industries in Mumbai, Maharashtra. The drive-in theatre will be operated and managed by the multiplex chain PVR Ltd. The theatre has been launched in partnership with the Reliance Retail and multiplex chain PVR. The facility can accommodate around 290 cars. The first movie screened at the theatre was Akshay Kumar’s Sooryavanshi.

 

3. Tripura develops country’s ‘first-ever’ bamboo made cricket bat, stumps: Bamboo and Cane Development Institute (BCDI) of Tripura along with the North East Centre of Technology Application and Reach (NECTAR) claimed to have developed the country’s first-ever bamboo made cricket bat maintaining all the standard protocols used for manufacturing cricket bats. These bats could be used in all forms of cricket. The most preferred wood for the production of cricket bats is willow. The company’s CEO recently gave Biplab Kumar Deb a demonstration of the product. Key Highlight:

(1) For the development of the bats, the hard Boom (local name) bamboo has been utilized. “Kanakaich (a local kind of bamboo)” has also been used to build bamboo wickets, which are almost completely solid.

(2) To create this product, we made use of our exclusive bamboo blue board technology.

(3) First, a Cambridge university paper released a lengthy piece on the usage of bamboo as a substitute for traditional bat-making methods four to five months ago.

(4) According to BCDI-NECTAR chairman Dr Abhinab Kant, the project was later taken over by NECTAR, with the BCDI taking on the remaining work.

Note: Chief Minister of Tripura: Biplab Kumar Deb; Governor: Satyadeo Narain Arya.

 

4. A book titled ‘Not Just Cricket: A Reporters Journey’ by Pradeep Magazine: A book titled ‘’Not just cricket: A Reporters Journey’’ authored by Pradeep Magazine is going to be released in Dec 2021. It consists of life experiences, social, political, ups and downs of Indian cricket by the journalist Pradeep Magazine. He is the author of the book “Not quite cricket” which exposed the match-fixing scandal.

 

5. A new book titled “The Cinema of Satyajit Ray” authored by Bhaskar Chattopadhyay: A new book titled ‘The Cinema of Satyajit Ray’ written by the author Bhaskar Chattopadhyay and published by Westland details the life of legendary Indian Filmmaker – ‘Satyajit Ray’. Bhaskar Chattopadhyay also authored novels like “Patang” (2016), “Here Falls the Shadow” (2017), and “The Disappearance of Sally Sequeira” (2018).

 

INTERNATIONAL UPDATES:

 

1. UK unveils commemorative £5 coin celebrating legacy of Mahatma Gandhi: The Government of the United Kingdom (UK) has unveiled a £5 coin to commemorate the life and legacy of Mahatma Gandhi. It is the first time Mahatma Gandhi has been commemorated on an official UK coin. The coin is available in a range of standards, including gold and silver, The special collectors’ coin was designed by Heena Glover. Rishi Sunak, Chancellor of the UK, chose the final design for the coin. The coin features an image of a lotus, India’s national flower, alongside one of Gandhi’s most famous quotes – ‘My life is my message’.

 

2. International Day of Radiology: 8th November: International Day of Radiology is observed globally on 8th November every year. The day is celebrated to promote the awareness of the value that radiology contributes to safe patient care, and improve public understanding of the vital role radiologists and radiographers play in the healthcare continuum. The theme for 2021 is ‘Interventional Radiology – Active care for the patient’

Radiology: Radiology is the medical discipline that uses medical imaging to diagnose and treat diseases within the bodies of animals and humans. A variety of imaging techniques such as X-ray radiography, ultrasound, computed tomography (CT), nuclear medicine including positron emission tomography (PET), fluoroscopy, and magnetic resonance imaging (MRI) are used to diagnose or treat diseases.

History of the day: The day also marks the anniversary of the discovery of x-rays by Wilhelm Roentgen in 1895. World Radiology Day was first celebrated in the year 2012.

 

3. World Urbanism Day: 8th November: World Urbanism Day, also known as “World Town Planning Day”, is celebrated on 8 November globally, to recognise and promote the role of planning in creating livable communities. World Urbanism Day provides an opportunity to look at planning from a global perspective, in order to draw attention to the environmental impact resulting from the development of cities and territories. WUD is organised by the International Society of City and Regional Planners (ISOCARP). The day was founded in 1949 by the late Professor Carlos Maria della Paolera of the University of Buenos Aires, to advance public and professional interest in planning.

Note: ISOCARP Headquarters: The Hague, Netherlands; ISOCARP Founded: 1965.

 

OTHER UPDATES:

 

SPORTS

 

1. Manu Bhaker and Javad Foroughi wins gold in inaugural President’s Cup: India’s woman pistol star Manu Bhaker and Iranian Olympic champion Javad Foroughi has won the 10m air pistol mixed team gold at the inaugural ISSF President’s Cup at the Wroclaw in Poland. The Indo-Iranian pair beat the French-Russian duo of Mathilde Lamolle and Artem Chernousov 16-8 to clinch the gold medal. A seven-member Indian contingent is participating in the ISSF President’s Cup.

 

2. Rashid Khan becomes youngest bowler to take 400 T20 wickets: Afghanistan leg-spinner Rashid Khan became the youngest bowler to take 400 T20 wickets during his team’s crucial Super 12 encounter against New Zealand in Dubai. Martin Guptill became Rashid’s 400th victim in T20 cricket. Rashid joined an elite list of cricketers as he picked up his 400th wicket in ongoing New Zealand vs Afghanistan T20 World Cup game.  He is the 4th bowler to enter the 400 club after Dwayne Bravo (553), Sunil Narine (425) and Imran Tahir (420).

Earlier, Rashid had become the fastest bowler to register 100 dismissals in Twenty20 Internationals during a T20 World Cup 2021 match against Pakistan. Rashid has 103 wickets for Afghanistan and 93 scalps for Sunrisers Hyderabad while the rest have come for the teams he plays for in different T20 tournaments around the world.

 

BANKING AND FINANCE

 

1. SBI launches ‘Video Life Certificate’ facility for pensioners: The State Bank of India has launched a video life certificate service for pensioners. This new facility will allow pensioners to submit their life certificates via video from their homes. This facility is available for pensioners (other than family pensioners). Thus, the spouse of the pensioner receiving a pension from the government will not be able to use this facility.

About the facility:

(1) As per SBI, the process of video life certificate is paperless and free of cost.

(2) It is important for pensioners and family pensioners to submit their life certificates before November 30 every year to avoid their pensions getting suspended.

(3) If the life certificate is not submitted by the pensioner, then he/she will stop receiving his/her pension. If you are a pensioner with a pension account with SBI, here is how you can use the video facility to submit your Jeevan Patra before the deadline.

Note: SBI Chairperson: Dinesh Kumar Khara; SBI Headquarters: Mumbai; SBI Founded: 1 July 1955.

 

BUSINESS AND ECONOMY

 

1. PhonePe launched tokenisation solution ‘SafeCard’: Digital Payment firm, PhonePe has launched a tokenization solution named ‘SafeCard’ for online debit and credit card transactions. Earlier in September 2021, RBI had made a device-based tokenization framework applicable to Card-on-File Tokenisation (CoFT) services as well i.e Card-on-File (CoF) means that the Credit/Debit card details are stored by merchants for ease of payment.

Here are some other tokenisation solutions launched in recent times:

(1) PayU- ‘PayU Token Hub’

(2) CCAvenue- ‘TokenPay’

Note: CEO of Phonepe: Sameer Nigam; Headquarters location of Phonepe: Bengaluru, Karnataka.

 

AWARDS AND HONOURS

 

1. Puneeth Rajkumar honoured posthumously with Basavashree Award 2021: Kannada actor Puneeth Rajkumar will be posthumously conferred the Basavashree award 2021 by the Bruhanmutt. Fondly called Appu, Puneeth, who was born in Chennai on March 17, 1975, was an actor, playback singer, television presenter, and producer. Puneeth, son of Matinee Idol Rajkumar, was a lead actor in 29 films and as a child and appeared in many films.

About the award: The award honours people for services to society in their respective fields by following the principles of Lord Basaveshwar. It is presented by Chitradurga Bruhanmutt since 1997. The award includes Rs 5 lakh cash and a memento. PT Usha (2009), Malala Yousufzai (2014), P Sainath (2016), Dr K Kasturirangan (2020) are some to win the award in recent times.

 

OBITUARIES

 

1. Dronacharya Awardee Eminent Cricket Coach Tarak Sinha passes away: Eminent Cricket Coach and Dronacharya Awardee, Tarak Sinha has passed away after a prolonged illness. He is known for training some of India’s finest cricketers like Manoj Prabhakar, Raman Lamba, Ajay Sharma, Atul Wassan, Surinder Khanna, Sanjiv Sharma, Aakash Chopra, Anjum Chopra, Rumeli Dhar, Ashish Nehra, Shikhar Dhawan and Rishabh Pant.

Sunday, November 7, 2021

Daily GK Update- 7th Nov, 2021

 

NATIONAL UPDATES:

 

1. PM Modi Unveils Shri Adi Shankaracharya Samadhi and Statue in Kedarnath: Prime Minister Narendra Modi visited Kedarnath in Uttarakhand on November 05, 2021, to inaugurate key infrastructure projects related to the redevelopment of Kedarnath. PM inaugurated the reconstructed Shri Adi Shankaracharya Samadhi (final resting place) at the premises of the Kedarnath Temple in Rudraprayag district of Uttarakhand and unveiled the statue of Shri Adi Shankaracharya at the Samadhi. The Samadhi was damaged in the 2013 Kedarnath flood.

About the Statue:

(1) The 12-feet long statue weighing around 35 tonnes (35,000kg) has been constructed by Mysore-based sculptor Arjun Yogiraj.

(2) During the visit, PM Modi inaugurated and laid the foundation stone of several reconstruction projects worth over Rs 400 crore at Kedarpuri.

(3) The unveiling programmes of the statute was organized at the 12 Jyotirlingas and Jyotishpeeth across the country including Char Dhams (Badrinath, Dwarka, Puri and Rameshwaram).

 

2. India and World Bank sign USD 40 million agreement to strengthen health systems in Meghalaya: The Government of India and the World Bank have inked USD 40 million health project agreement for the state of Meghalaya. The Meghalaya Health Systems Strengthening Project will improve the quality of health services in the state and strengthen the management and governance capabilities of the state to handle future health emergencies including the COVID-19 pandemic.

 

3. Ministry of Rural Development inks MoU with Flipkart to enhance rural livelihoods: The e-commerce marketplace Flipkart has signed a Memorandum of Understanding (MoU) with the Ministry of Rural Development (MoRD) to support the ambitious Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM) program. The MoU will help to empower local businesses and self-help groups (SHGs) by bringing them on the e-commerce platform to sell their products. SHGs led by women would be given special focus. The MoU is a part of Flipkart’s Samarth programme which aims to support skilled craftsmen, weavers and artisans of under-served community by helping them to sell online through Flipkart marketplace. Under the programme, e-commerce knowledge and training around onboarding, cataloging, marketing, account management, business insights, and warehousing are also imparted.

 

4. National Cancer Awareness Day: 7th November: The National Cancer Awareness Day is observed annually in India on November 7, to spread awareness on cancer, its symptoms and treatment. According to the World Health Organization (WHO), cancer is the second leading cause of death globally. In 2018, approximately 18 million cases were there globally, of which, 1.5 million were in India alone. In 2018, there were around 0.8 million cancer deaths in India against 9.5 million globally.

National Cancer Awareness Day 2021 History: On 7 November 2014, Former Union Minister for Health & Family Welfare Dr. Harsh Vardhan announced that seventh November will be celebrated as national Cancer awareness day every year to highlight the contributions of an eminent scientist who is important and a role model for all those who are fighting cancer.

 

5. “The Sage with Two Horns: Unusual Tales from Mythology” authored by Sudha Murty: The chairperson of the Infosys Foundation and a renowned author, Sudha Murty has published her new book titled “The Sage with Two Horns: Unusual Tales from Mythology”, the 5th and last book of the “Unusual Tales from Mythology” series. The series features the stories of kings and queens, gods and goddesses, sages, and extraordinary men and women of wisdom.

List of books of the “Unusual Tales from Mythology” series:

(1) The Serpent’s Revenge: Unusual Tales from the Mahabharata

(2) The Upside-Down King: Unusual Tales about Rama and Krishna

(3) The Man from The Egg: Unusual Tales About The Trinity

(4) The Daughter from a Wishing Tree: Unusual Tales about Women in Mythology

 

INTERNATIONAL UPDATES:

 

1. Britain approves world’s first oral pill to treat Covid-19: Britain’s health regulators have approved the world’s first pill to treat cases of symptomatic COVID-19. Medicines and Healthcare Products Regulatory Agency (MHRA) said, the antiviral molnupiravir has been found to be safe and effective at reducing the risk of hospitalisation and death in people with mild to moderate COVID-19, who are at increased risk of developing the disease.

 

2. Yahoo Inc. stops its services in China: Yahoo Inc. has announced that the company has stopped providing service in mainland China with effect from November 01, 2021, due to the increasingly challenging business and legal environment in the country. With this Yahoo has ended its 22-year presence in the Chinese market. This means that services like Yahoo Weather, Yahoo Finance, and other websites run by Yahoo such as AOL.com, TechCrunch and Engadget will not be accessible from within China. Earlier, US tech platform LinkedIn also announced the closure of its localized social media network in China on October 14.

 

3. New Zealand names critically endangered native long-tailed bat as Bird of the Year: The critically endangered New Zealand long-tailed bat has been named as the New Zealand Bird of the Year 2021. The long-tailed bat is the only land mammal of New Zealand. It is also known as the long-tailed wattled bat or pekapeka-tou-roa. The Bird of the Year competition is organised annually by New Zealand based independent conservation organisation Forest & Bird to raise awareness among the citizens about the native birds of the country.

 

OTHER UPDATES:

 

SPORTS

 

1. Akash Kumar settles for bronze in 2021 AIBA Men’s World Championships: Indian boxer Akash Kumar managed to clinch the bronze medal at the 2021 AIBA Men’s World Boxing Championships on November 05, 2021 at Belgrade in Serbia. The 21-year-old Akash lost 0-5 in the 54 kg category to Makhmud Sabyrkhan of Kazakhstan. Akash is the seventh Indian male boxer to win a medal at the world championships.

 

2. Rahul Dravid appointed head coach of Indian men’s cricket team till 2023 ODI World Cup: Former captain Rahul Dravid has been appointed as the head coach of the Indian men’s cricket team by the BCCI. The former right-handed batsman has been appointed for a period of two years till the 2023 50-over World Cup. Dravid will begin his tenure as full-time coach from the T20I series against New Zealand starting November 17, 2021 in Jaipur.

 

BANKING AND FINANCE

 

1. Finance Ministry issues uniform staff accountability framework for NPA accounts up to Rs 50 crore: Department of Financial Services (DFS), under the finance ministry, has issued guidelines to be adopted by all public sector banks (PSBs) on Staff Accountability Framework for NPA Accounts up to Rs. 50 crore’. These guidelines will be applicable on loans that are turning into non-performing assets (NPAs) on or after April 1, 2022. Thses shall not be applicable on fraud cases. Banks with the approval of their Board may decide on a threshold of Rs 10 lacs or Rs 20 lacs depending on their business size for examining the aspect of staff accountability.

 

BUSINESS AND ECONOMY

 

1. Barclays’ new chief is India-born CS Venkatakrishnan: Barclays new CEO is CS Venkatakrishnan, an Indian-American and the first person of color to hold that position. Venkatakrishnan, who was most recently Barclays’ co-president and head of global markets, is stepping in as CEO after Jes Staley resigned over his ties with late financier Jeffrey Epstein, a convicted sex offender who died by suicide in prison three years ago. As chief risk officer, Venkatakrishnan put in place processes that proved instrumental in helping Barclays steer clear of the Archegos Capital Management implosion; more recently, he was put in charge of the bank’s markets division.

 

2. CCI approves acquisition of 100% shareholding in Exide Life by HDFC Life: The Competition Commission of India (CCI) has approved the accquisition of 100% shareholding in Exide Life Insurance Company Limited by HDFC Life Insurance Company. The acquisition has been approved under Section 31(1) of the Competition Act, 2002. After the acquisition Exide Life will become wholly owned subsidiary of HDFC Life. It is proposed to merge Exide Life with HDFC Life.

 

AWARDS AND HONOURS

 

1. Priyanka Mohite to Receive 2020’s Tenzing Norgay National Adventure Award: Maharashtra-based, 28-year old mountaineer Priyanka Mohite was selected by the Ministry of Youth Affairs and Sports for the prestigious ‘Tenzing Norgay National Adventure Award 2020’ for outstanding contribution in the field of land adventure. She scaled the world’s highest peak Mt Everest, Mt Lhotse and Mt.Makalu. She is the 1st Indian woman to climb Mt Annapurna, the 10th highest mountain peak in the world.

Tenzing Norgay National Award 2020: Priyanka is one among the 7-recipients of the ‘2020 Tenzing Norgay National Award’ & will receive the award from President Ram Nath Kovind in during the 2021 National Sports Award.

 

Awardee

Category

Priyanka Mangesh Mohite

Land Adventure

Jay Prakash Kumar

Land Adventure

Col. Amit Bisht

Land Adventure

Sheetal

Land Adventure

Srikaanth Viswanathan

Water Adventure

Lt. Col. Servesh Dhadwal

Air Adventure

Jai Kishan

Life Time Achievement

 

About Tenzing Norgay National Award: Established in 1994 as ‘National Adventure Award’, later renamed as ‘Tenzing Norgay National Award’ in 2002. Tenzing Norgay is regarded as the 1st person to scale Mount Everest. It is the highest National Award in the field of adventure on land, sea and air, which is equivalent to the Arjuna Award.