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Thursday, November 30, 2023

Daily GK Update- 29th Nov, 2023

NATIONAL UPDATES:

 

1. Department of revenue, ministry of finance is hosting the Asia Pacific workshop for money laundering cases.: A meeting or workshop related to Asia Pacific money laundering is being hosted by the Ministry of Finance and Revenue from 28th November to 1st December,2023 in New Delhi.Every year Asia Pacific group workshops are held to bring delegates together to discuss the cases related to money laundering and terrorist financing trends and the problems emerging from these activities.Shri Vivek Agarwal, additional secretary (Department of Revenue) and Head of the delegation to FATF. This report mainly focuses on virtual asset service providers in recognition of the threat related to money laundering, terrorist financing and proliferation financing.

 

2. Viksit Bharat sankalp yatra started in Maharashtra.: The Information Education and Communication (IEC) campaign (Vikait Bharat Sankalp Yatra) started in many urban centers within municipal corporation areas of the state.In cities like Mumbai, Thane, Nagpur, Pune, Pimpri, Chinchwad, Chatrapati Sambhaji Nagar, solapur and Nashik municipal corporation the IEC vans have been flagged off.Deputy CM Ajit Pawar flagged off one IEC van from mantralayam from Mumbai. IEC vans are flagged off in many cities by respective cm, deputy CM, commissioner etc for spreading awareness about welfare schemes.

 

3. Kashi Tamil Sangamam is scheduled to be launched in December 2023.: By the launching of the registration portal by IIT Madras, all is set for kashi tamil sangamam phase 2 on 27th of November 2023.Ek Bharat Shreshtha Bharat’ s second edition is going to be held from 17 th December to 30th December 2023.By taking inspiration from the first edition, this edition also wants to rejuvenate the bonds between the Tamil and Varanasi culture, these are considered as the two important focus points of the learning and culture in ancient India.It is said that around 1400 participants from Tamil Nadu and Puducherry will travel by train to Varanasi for an 8 day immersive tour. They will be divided into 7 groups of 200 each comprising students, teachers, professors, artisans, farmers, religious writers etc.

 

4. India’s first telecom center of excellence is going to be set up in Uttar Pradesh.: India is going to have its first Telecom Centre of Excellence in Uttar Pradesh, located at the IIT Roorkee campus in Saharanpur.The main aim of this center is to find out how to connect artificial intelligence with 5G and make it easy to bring in 6G in India. This project, which will cost ₹30 crores, wants to boost new ideas and provide job opportunities for young people in Uttar Pradesh.The Chief Minister Shri Yogi Adityanath will officially start this project by laying the foundation stone on December 5.

 

 

INTERNATIONAL UPDATES:

 

1. ASEAN India Grassroots Innovation Forum’s 4th edition launched in Langkawi, Malaysia: 10 ASEAN members and 200 participants with India participated at 4th edition of annual ASEAN India Grassroots Innovation forum launched in Langkawi, Malaysia on 28th November.Minister of science, technology and innovation Mr YB Chang Li kang launched the AIGIF 2023. He noticed that year by year AIGIF serve as a dynamic stage for promoting innovations.He also asked other countries to continue promoting innovations as tomorrow is better than today for everyone. Professor Abhay Karandikar, Secretary of the Department of Science and Technology, said that “Innovators are the hope of the world”.

 

2. 54th International film festival of India held in Goa between 20th November to 28th November 2023.: The 54th International Film Festival of India (IFFI) wrapped up in Goa. The closing ceremony took place at the Dr Shyama Prasad Mukherjee Indoor Stadium in Bambolim, Goa.Many movie stars and important people attended the closing ceremony. The final closing film of this year’s IFFI was ‘Featherweight ‘, directed by Robert Kolodny from the United States.

Michael Douglas, veteran Hollywood actor and producer honored with the satyajit ray lifetime achievement award.

 

3. 29th NovemberInternational Day Of Solidarity with the Palestinian People: The United Nations decided that every year on November 29, we should celebrate the International Day of Solidarity with Palestinian People. This was decided in 1977 by the General Assembly and it means we show support and unity with the Palestinian People on this day.In 1947, the Assembly decided to split Palestine. They also suggested celebrating the International Day of Solidarity with the Palestinian People, encouraging countries to support and promote this day.The UN organized an exhibit to remember the Palestinian Nakba, a painful event from the 1948 Arab-Israeli war.

 

OTHER UPDATES:

DEFENCE

 

1. Defence ministry contracted with BHEL of Rs. 2956 cr to get 16 super rapid gun tanks for the navy.: Defense ministry has recently contracted with Bharat heavy electricals limited (BHEL) to get 16 upgraded rapid gun mount and equipment for Indian Navy. It is a medium caliber anti missile and anti aircraft defense weapon system which would help in sustained rate of high accuracy and fire.These guns and equipment are installed in Indian Navy’s newly built ships. It is announced that these guns and equipment will be manufactured by BHEL at haridwar plant.These weapon systems are proven to tackle multiple threat scenarios and a good performance against missiles and attack crafts.

 

2. The crest of the yard 12706(Imphal) unveiled by the defense ministry in Imphal.: The crest of the yard 12706 in Imphal unveiled by the defense minister Rajnath Singh in the presence of Imphal CM Shri N Biren Singh on 28 November 2023 in New Delhi.The design of the crest depicts the kangla sha on right and kangla on the left. Kangla is the important historical site of Manipur and considered as the traditional sign of the before kingdoms existing at that time.

 

SPORTS

 

1. Vidya Pillai Clinches 6-Red Snooker World Title.: Vidya Pillai gained a huge milestone by securing the IBSF 6 Red snooker world championship title in Doha, Qatar, which added a new feature in her cap.Vidya Pillai has won many international medals for India, achieving a gold medal in the IBSF World Team Snooker Championship in 2013, secured another gold in the IBSF Australian Women’s Ranking Snooker Championship in 2016.She secured this milestone with a victory of 4-1 against Anupama Ramchandran in the title clash. In acknowledgement of the remarkable achievements ,the government of Karnataka honored her with the Eklavya award in 2016.

 

2. Italy Defeat Australia To Win Davis Cup For First Time Since 1976.: Italy proved its power as one of the most promising tennis nations in the world by defeating Australia 2-0 to become Davis Cup champions for the first time since 1976.The player ranked fourth in the world won the second singles match. Matteo Arnaldi worked hard to beat Alexei Popyrin 7-5, 2-6, 6-4 in the first match. Italy reached the Davis Cup 2023 final by defeating Novak Djokovic’s Serbia on Saturday. In the final held in Malaga, Spain, Matteo Arnaldi displayed Italy’s determination with a 7-5, 2-6, 6-4 victory over Alexei Popyrin.Davis cup championship is named after Dwight Davis Jr(American politician and tennis player) who started competition in 1900.This cup is considered as the oldest international competition.

 

BANKING AND FINANCE

 

1. HDFC Bank Appoints Former NABARD Chairman Harsh Kumar Bhanwala As Director.: The appointment of Harsh Kumar Bhanwala as an additional independent Director of the HDFC Bank for 3 years has been approved by the Board of directors Of HDFC Bank.While after appointment of V Srinivasa Rangan as Executive director is also approved by the director.Bhanwala served as the chairman of NABARD from 2013 to 2020 and also was the Chairman and MD of the India infrastructure finance company. Rangan served as the Executive director CFO of the Housing Development Finance Corporation LTD.

 

2. Odisha Government launched scheme AMA BANK to promote banking services to panchayat level: On 27 of November, Chief Minister Naveen Patnaik introduced ‘Ama Bank’ in Bhubaneswar. This bank aims to offer banking services in all the villages that don’t have a single bank. The plan will achieve its aim gradually, covering all 4,373 such villages by the end of this financial year. The state government will provide free space for the bank for five years, and there’s a budget of Rs 500 crore for this project. ‘Ama Bank’ is like a small, cost-effective bank branch that falls between a business correspondent and a tiny bank branch, offering many beneficiary services.

 

3. Rajat Kumar Jain Xerox India And Walt Disney India’s Ex-MD Appointed As Fino Payments Bank Chairman.: Fino Payments Bank has chosen Rajat Kumar Jain as its non-executive chairman.He used to be the MD of Xerox India and Walt Disney India. The RBI approved his appointment, which is from November 24, 2023, to November 1, 2025.Jain, who studied at IIT Delhi and IIM Ahmedabad, is also a non-executive director on boards of different companies with those in the Aditya Birla group.Jain has more than thirty years of experience leading in areas like Consumer, Telecom, Media, and Technology. He started PadUp Ventures, a platform which provides strong support and guidance to new tech startups, especially in the early stages, covering various fields, including Fintech.

 

AWARDS AND HONORS

 

1. NTPC Bongaigaon received two awards at the Greentech environment award 2023.: NTPC Bongaigaon received the Environment Protection trophy at the 22nd Annual Greentech Environment Awards 2023 and the Rural Development trophy at the 10th Annual Greentech CSR India Awards. Akonthung Nguli, AGM (EMG Civil) at NTPC received the award at a ceremony in Sonamarg and Jammu and Kashmir.These awards acknowledge NTPC’s efforts in adopting eco-friendly practices that benefit the environment and society in the long run. This award is the sign of commitment towards social responsibility and positive effect on communities.


Tuesday, November 28, 2023

Daily GK Update- 28th Nov, 2023

NATIONAL UPDATES:

 

1. India's largest tiger reserve to be set up in Madhya Pradesh: The Central government has approved a proposal to merge two wildlife sanctuaries in Madhya Pradesh to create the largest tiger reserve in the country spanning 2,300 square kilometres. The new tiger reserve will not only provide a safe haven for the area's tiger population, which currently stands at 16 but also boost tourism and development in the region.

 

2. President Droupadi Murmu Unveils BR Ambedkar's Statue At Supreme Court: President Droupadi Murmu today unveiled a statue of Dr BR Ambedkar on the Supreme Court premises during an event to mark Constitution Day.  Chief Justice of India DY Chandrachud and Union Law Minister Arjun Ram Meghwal were present on the occasion.  The statue of BR Ambedkar, in a lawyer's gown, stands 7-feet-tall and is placed on a 3-feet base stand. The statue is seen holding a copy of the Constitution.

 

3. Pranab Mukherjee's daughter pens his biography: This and other nuggets of Mukherjee's life from an unprepossessing village in West Bengal's Birbhum district to a roller-coaster career thereafter are the highlights of an about-to-be-released biography penned by his daughter, classical dancer Sharmishtha Mukherjee. The book, titled 'Pranab, My Father: A Daughter Remembers', is being brought out by Rupa Publications The book is also a mirror to the father-daughter relationship between Pranab Mukherjee and Sharmishtha

 

4. HDFC Bank appoints Harsh Kumar Bhanwala as director: The board of HDFC Bank has approved the appointment of former NABARD chairman Harsh Kumar Bhanwala as an additional independent director. Board also approved the appointment of V Srinivasa Rangan, chief financial officer of erstwhile Housing Development Finance Corporation Ltd, as executive director for three years. Currently, Non-Executive Chairman of MCX, Bhanwala also serves as the Director on the boards of IIM Rohtak and Bayer Crop Science Ltd.

 

INTERNATIONAL UPDATES:

 

1. Harin Fernando appointed as Sri Lanka's new sports minister: Sri Lanka's Tourism Minister Harin Fernando was also sworn in as the Minister of Youth Affairs. He replaced sacked Minister Roshan Ranasinghe. Meanwhile, Pavithra Wanniarachchi was sworn in as the Minister of Irrigation. A United Nations Development Programme survey conducted in 2022 and 2023 found that 55.7% of Sri Lanka’s population, or 12.34 million people, are vulnerable across various dimensions due to the economic crisis.

 

2. India and European Union signed an MOU in the field of semiconductor ecosystem: India and the European Union have packed together and signed an MOU regarding the fostering and sustainable development of the semiconductor ecosystem. Ashwini Vaishnav, minister of communication, electronics and information technology and also the minister of railways, and Thierry Breton, Commissioner for Internal market have signed the MOU. Some major points about this MOU are to share information, combine best practice, develop and promote skills, identify ideas to collaboration, businesses etc.

 

OTHER UPDATES:

DEFENCE

 

1. Indigenous tank Zorawar will begin trials soon.: Tackling with the mighty Chinese front India will begin trials of the Zorawar light tank developed by DRDO and Larsen and Toubro. First the testing will be done in the desert sector before taking them to high altitudes of Ladakh. DRDO is working with L&T to develop a 25 tonne light tank which would be efficient in moving fast in the high mountainous regions. This project is under the make in India initiative.An advanced protection system has been installed to tackle with anti-tank guided missiles.

 

SPORTS

 

1. Gautam Gambhir back in Kolkata Knight Riders as mentor: Former Kolkata Knight Riders (KKR) captain Gautam Gambhir (42-years) has been named as the mentor of the franchise for the upcoming IPL season.  Gambhir had a successful stint with KKR from 2011-17, leading the team to title victories in 2012 and 2014. He will work with KKR’s head coach Chandrakant Pandit.

 

2. Vidya Pillai clinches 6-Red snooker world title: Veteran cueist Vidya Pillai clinched the IBSF 6-Red Snooker World Championship title in Doha, Qatar, triumphing 4-1 against compatriot Anupama Ramachandran. Vidya dominated her opponents throughout the championship, with a standout victory of 4-1 against compatriot Anupama Ramachandran in the title clash.

 

BANKING AND FINANCE

 

1. Fino Payment Bank appoints Rajat Kumar Jain as chairman: Fino Payments Bank has received approval from the Reserve Bank of India (RBI) for the appointment of Rajat Kumar Jain as Part-time Chairman of the Bank. Fino started operations in 2017, receiving an RBI license two years earlier. The appointment comes at a time when the payments bank is charting out its digital growth plans and targets for the next phase, Fino 2.0.

 

2. S&P Global Ratings raises India's FY24 GDP growth forecast: Global rating agency S&P Global Ratings has revised India's Gross Domestic Product (GDP) growth projection for financial year 2024 to 6.4 percent from 6 percent earlier on the back of strong domestic tailwinds. However, it lowered the growth projection for financial year 2025 to 6.4% from 6.9% earlier. S&P Global Ratings is a market leader in the field of credit risk research.


Monday, November 27, 2023

Daily GK Update- 27th Nov, 2023

NATIONAL UPDATES:

 

1. Hardeep Singh Puri launches city’s 2nd floating CNG station in Varanasi: Union minister Hardeep Singh Puri inaugurated the city’s second floating compressed natural gas (CNG) mobile refueling unit (MRU) station at Ravidas Ghat  in Varanasi Earlier, Namo Ghat had a floating station for filling CNG in oats.  Puri said CNG boats not only reduce pollution but also lead to savings as it is more efficient. The decision to set-up this floating CNG station is a testament to our belief in the transformative power of clean energy.

 

2. Ayushman Bharat’s Health & Wellness Centres Renamed 'Ayushman Arogya Mandir: The Narendra Modi government has decided to rename the Ayushman Bharat-Health and Wellness Centres as ‘Ayushman Arogya Mandir’. Union Health Ministry asking all states and Union Territories to implement the rebranding exercise by the end of 2023. The Centre has also coined the tagline ‘Arogyam Paramam Dhanam’, a Sanskrit phrase that translates to ‘health is the ultimate wealth’.  While ‘Arogyam’ means health, ‘Paramam’ means ultimate and ‘Dhanam’ means wealth

 

3. Sikhs celebrate 554th Prakash Purb of Sri Guru Nanak Dev: Prakash Purb is a joyous occasion for Sikhs around the world. Guru Nanak Dev Ji, the founder of Sikhism, was born on Kartik Puranmashi, in 1469 in the village of Talwandi (now Nankana Sahib).  This year marks the 554th anniversary of his birth, celebrated as Prakash Purb by Sikhs around the world.

 

4. PM Modi Visits Sri Venkateswara Swamy Temple In Tirumala: Prime Minister Narendra Modi  visited the famous Sri Venkateswara Swamy Temple in Tirumala district of Andhra Pradesh.

According to his itinerary, PM Modi stayed at Tirumala overnight and went to offer prayers at Sri Venkateswara temple in the early hours today. At the Sri Venkateswara Swamy Temple in Tirumala, prayed for the good health, well-being and prosperity of 140 crore Indians.

 

INTERNATIONAL UPDATES:

 

1. Malaysia Opens Visa-free Travel for Indian Visitors and Chinese Citizens: Malaysia will grant a 30-day visa-free entry for Indian and Chinese citizens from December 1 this year. Prime Minister Anwar Ibrahim has announced joining Thailand and Sri Lanka in recent weeks to offer such a facility to foreigners to promote tourism. Mr. Ibrahim said the waiver was an additional facility to the existing visa exemptions currently enjoyed by Gulf nations and other West Asian countries, including Turkiye and Jordan.

 

2. PM Modi to take part in World Climate Action Summit in Dubai: Prime Minister Narendra Modi will attend the World Climate Action Summit (WCAS) in Dubai, United Arab Emirates (UAE), during the 28th Conference of Parties (CoP-28). Mr. Modi will be present from November 30 to December 1 as part of WCAS proceedings. Summit is a ‘high-level’ segment of the 28th UN Climate Change Conference, being held under the presidency of UAE.

 

3. World’s Biggest Iceberg on the Move after 30 Years: The world's largest iceberg is drifting, for the first time in over 30 years, as per the British Antarctic Survey.  The recent satellite pictures showed that the Antarctic iceberg called A23a was moving beyond the northern tip of the Antarctic Peninsula, propelled by strong winds and currents. It was rare to see an iceberg this big moving and the scientists will be watching its course closely.

 

OTHER UPDATES:

DEFENCE

 

1. National Cadet Corps celebrates 75th Anniversary day: Today, the National Cadet Corps (NCC), the youth wing of the Indian Armed Forces, is set to celebrate its 75th anniversary. NCC Day is observed annually to commemorate the core values encapsulated in the NCC motto, “Unity and Discipline.” The motto of the NCC, Unity and Discipline, encapsulates the values of duty, loyalty, dedication, and self-sacrifice.

 

SPORTS

 

1. Shubman Gill appointed captain of Gujarat Titans: Shubman Gill has been appointed captain of Gujarat Titans after the franchise traded Hardik Pandya to Mumbai Indians.  He takes over from Hardik Pandya, who was traded to Mumbai Indians The 2024 season of the IPL will be Gill's first leadership assignment in senior cricket. Gujarat Titans is a professional franchise cricket team based in Ahmedabad, Gujarat, India.

 

BANKING AND FINANCE

 

1. ADB approves $500 M in loan for healthcare, medical education in Maharashtra: The Asian Development Bank (ADB) has approved a $500 million loan to enhance the quality and affordability of tertiary health care and medical education in Maharashtra. “ADB has been working with the state government of Maharashtra to achieve its vision of providing affordable and accessible tertiary health care to all by 2030 and strengthen a cadre of quality and professional medical practitioners.

 

2. FICCI appoints Anish Shah as next president: Anish Shah, the managing director and CEO of the Mahindra Group, has been appointed as president-elect of industry body FICCI (Federation of Indian Chambers of Commerce & Industry). Shah is currently the senior vice president of FICCI. He will succeed Subhrakant Panda as president of the apex chamber at the conclusion of the 96th Annual General Meeting to be held on December 8-9, 2023 in New Delhi.

 

AWARDS AND HONOURS

 

1. Irish author Paul Lynch wins Booker Prize for 'Prophet Song': Irish writer Paul Lynch has won the prestigious Booker Prize for fiction for his fifth novel, "Prophet Song." The dystopian novel is about a woman's struggle to protect her family as Ireland collapses into totalitarianism in the near future. A civil war in Ireland then forces families to flee the country. Paul Lynch, 46, spent four years writing the book and was brought to the thought by the long years of the civil war in Syria and the "West's indifference.


Sunday, November 26, 2023

Daily GK Update- 26th Nov, 2023

 

NATIONAL UPDATES:

 

1. Saffron of Kishtwar district receives GI tag from Geographical Indications Registry: Jammu and Kashmir, the Saffron of the mountainous Kishtwar district, which is cultivated and harvested in the higher reaches, has been given the Geographical Indication (GI) tag by the Geographical Indications Registry. The spice is grown in some parts of the Kishtwar region of Jammu, along with parts of Kashmir.

 

2. Uttar Pradesh Govt Declares November 25 As ‘No Non-Veg Day’: The Yogi Adityanath-led Uttar Pradesh government has designated November 25 as a “No Non-Veg Day“. The decision is aimed at honouring the birth anniversary of spiritual leader Sadhu TL Vaswani and entails the closure of all slaughterhouses and meat shops across the state.

 

3. FICCI appoints Anish Shah as next president: Anish Shah, the managing director and CEO of the Mahindra Group, has been appointed as president-elect of industry body FICCI (Federation of Indian Chambers of Commerce & Industry). Shah is currently the senior vice president of FICCI. He will succeed Subhrakant Panda as president of the apex chamber at the conclusion of the 96th Annual General Meeting to be held on December 8-9, 2023 in New Delhi.

 

4. Basic Animal Husbandry Statistics 2023 Report: The Basic Animal Husbandry Statistics 2023 report, released by Union Minister Parshottam Rupala, highlights substantial growth in milk, egg, and meat production in India during the fiscal year 2022-23. The report, based on the Animal Integrated Sample Survey conducted between ..

 

INTERNATIONAL UPDATES:

 

1. November 26: World Sustainable Transport Day 2023: The United Nations General Assembly, in a decisive move towards fostering sustainable and environmentally friendly transportation, has designated November 26 as World Sustainable Transport Day. World Sustainable Transport Day 2023 focuses on the theme “Sustainable transport, sustainable development”.

 

2. Union Minister Inaugurates International Seminar in Bhubaneswar: Union Minister for Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan, kicked off the two-day ‘International Seminar on Santha Kavi Bhima Bhoi and the Legacy of Mahima Cult’ in Bhubaneswar today. The event, organized by a collaboration between the ..

 

 

 

 

OTHER UPDATES:

DEFENCE

 

1. Prime Minister Narendra Modi’s Historic Tejas Jet Flight: Prime Minister Narendra Modi achieved a historic milestone recently as he completed a sortie in the supersonic multirole fighter jet Tejas. This makes him the first head of government to undertake such a feat, marking a significant moment for India’s ..

 

SCIENCE AND TECHNOLOGY

 

1. The Hidden Costs of Extreme Weather: Long-Term Impact on Economies: A recent study sheds light on the long-term economic consequences of extreme weather events, particularly tropical cyclones, and their impact on the social cost of carbon. The social cost of carbon is a crucial metric in shaping climate policies, estimating ..

 

BANKING AND FINANCE

 

1. ADB approves $500 M in loan for healthcare, medical education in Maharashtra: The Asian Development Bank (ADB) has approved a $500 million loan to enhance the quality and affordability of tertiary health care and medical education in Maharashtra. “ADB has been working with the state government of Maharashtra to achieve its vision of providing affordable and accessible tertiary health care to all by 2030 and strengthen a cadre of quality and professional medical practitioners.

Saturday, November 25, 2023

Daily GK Update- 25th Nov, 2023

NATIONAL UPDATES:

 

1. Meghalaya’s launches ‘Water Smart Kid Campaign’ to foster water conservation awareness among young minds: With the aim to sensitizing the young minds on the importance of water conservation, Meghalaya Chief Minister Conrad K. Sangma on Wednesday launched the ‘Meghalaya Water Smart Kid Campaign’. The campaign is an initiative under Jal Jeevan Mission (JJM) to create awareness about water conservation amongst the children.

 

2. Rahul Gandhi Faces Election Commission Notice for “Panauti” Remark:The Election Commission (EC) recently issued a showcause notice to Congress leader Rahul Gandhi for his comments against Prime Minister Narendra Modi, referring to him as a “pickpocket” and a “panauti.” These remarks were made during election rallies in Rajasthan. ..

 

INTERNATIONAL UPDATES:

 

1. November 26: World Sustainable Transport Day 2023: The United Nations General Assembly, in a decisive move towards fostering sustainable and environmentally friendly transportation, has designated November 26 as World Sustainable Transport Day. World Sustainable Transport Day 2023 focuses on the theme “Sustainable transport, sustainable development”.

 

OTHER UPDATES:

DEFENCE

 

1.India- Nepal Joint Military Exercise Surya Kiran- Xvii Commences At Pithoragarh: The Nepal Army contingent comprising of 334 personnel arrived in India to participate in 17th edition of Joint Military Exercise SURYA KIRAN. The exercise will be conducted in Pithoragarh, Uttarakhand from 24th November to 07th December 2023. It is an annual event and conducted alternatively in the two countries. Aim of the exercise is to enhance interoperability in jungle warfare, counter terrorism operations in mountainous terrain and Humanitarian Assistance and Disaster Relief under United Nations Charter on peace keeping operations.

 

2. Indian Navy and DRDO Achieve Milestone in Indigenous Naval Anti-Ship Missile Trials:In a significant stride towards self-reliance (Aatmanirbharta), the Indian Navy, in collaboration with the Defence Research and Development Organisation (DRDO), has successfully conducted Guided Flight Trials of the first indigenously developed Naval Anti-Ship Missile. The milestone achievement occurred from a

 

3. Ten New Trilobite Species Unearthed in Thailand: Researchers have made a significant discovery in Thailand, unearthing ten new species of trilobites, extinct arthropods that provide valuable insights into the Earth’s geological history spanning 490 million years. These fossils, hidden in a little-studied part of Thailand, could serve

 

SPORTS

 

1. Max Verstappen Won Abu Dhabi Grand Prix: Max Verstappen concluded his exceptional season with a comfortable victory at the Abu Dhabi Grand Prix, securing his 19th win of the campaign and 54th overall. This accomplishment propels him to third place on the all-time list of Formula One champions.

 

SCIENCE AND TECHNOLOGY

 

1. High-Energy Particle “Amaterasu”: Astronomers have made a puzzling discovery, detecting a rare and incredibly high-energy particle named Amaterasu falling to Earth. This mysterious particle, named after the Japanese sun goddess, is causing confusion as it appears to originate from an apparently empty region ..

 

BANKING AND FINANCE

 

1. ADB unleashes USD 170 million wave to transform Kochi’s water landscape: Asian Development Bank (ADB) has given the nod to a USD 170 million loan aimed at modernizing water supply services in Kochi, a bustling city in the southern Indian state of Kerala. According to ADB, this move is expected to play a pivotal role in elevating urban living standards, ensuring clean water access, and bolstering climate resilience.

 

2. Bandhan Bank Board Approves Reappointment Of Chandra Shekhar Ghosh As MD & CEO: The board of directors at Bandhan Bank has given the green light for the reappointment of Chandra Shekhar Ghosh as the Managing Director & Chief Executive Officer (MD&CEO). The Kolkata-based private sector lender has extended Ghosh’s tenure for a period of three years. The current term is set to expire on July 09, 2024.


Friday, November 24, 2023

Daily GK Update- 24th Nov, 2023

NATIONAL UPDATES:

 

1. Kerala’s Responsible Tourism makes it to UNWTO list: Kerala’s Responsible Tourism (RT) Mission has made it to the Global List of Case Studies of the United Nations World Tourism Organisation (UNWTO), earning yet another laurel for the State’s innovative programme for grassroots development. The UNWTO cited that Kerala Tourism has succeeded in upholding the world body’s Sustainable Development Goals (SDGs) while promoting the travel industry in the State. Kerala has been cited for employing local resources and products while boosting RT destinations, thus finding resources to implement its objectives towards realising the SDGs.

 

2. Meghalaya’s launches ‘Water Smart Kid Campaign’ to foster water conservation awareness among young minds: With the aim to sensitizing the young minds on the importance of water conservation, Meghalaya Chief Minister Conrad K. Sangma on Wednesday launched the ‘Meghalaya Water Smart Kid Campaign’. The campaign is an initiative under Jal Jeevan Mission (JJM) to create awareness about water conservation amongst the children.

 

INTERNATIONAL UPDATES:

 

1. Geert Wilders New PM of Dutch: Geert Wilders, leader of the Freedom Party (PVV), secured a landmark win in the recent Dutch elections, signaling a growing shift towards far-right ideologies in Europe. Wilders, known for his anti-immigration stance and admiration for leaders like Donald Trump and Viktor Orban, is eyeing the position of the Netherlands’ next prime minister.

 

2. CAG Girish Chandra Murmu elected vice-chair of UN external auditors’ panel: Comptroller and Auditor General of India, Girish Chandra Murmu, has been elected vice-chair of the UN Panel of External Auditors. Murmu participated in the sixty-third session of the Panel of External Auditors, held at the UN headquarters in New York from 20-21 November 2023.

 

3. 25 November-International Day For The Elimination Of Violence Against Women 2023: November 25 marks the International Day for the Elimination of Violence Against Women, a pivotal day designated by the United Nations to raise awareness and address the global issue of violence faced by women. Theme-“UNITE! Invest to prevent violence against women and girls.”

 

 

 

 

 

OTHER UPDATES:

DEFENCE

 

1. Indian Navy deploys INS Sumedha in Mozambique to boost interoperability: Under the ongoing extended operational deployment to Africa, the Indian naval ship Sumedha reached Maputo, Mozambique on November 21. Aims-“The port call is aimed at strengthening long-standing diplomatic relations, reinforce maritime co-operation and boost interoperability between both the navies. Professional interactions, cross-deck visits, planning conferences and joint EEZ surveillance from November 23-25, 2023 are scheduled during the visit.”

 

SPORTS

 

1. Anahat Singh Becomes Second Youngest To Win National Squash Championship Title: 15-year-old Anahat Singh scripted history by becoming the second youngest title winner in the history of Senior National Squash Championships. The young prodigy faced off against Tanvi Khanna in the final, where Khanna was unfortunately forced to retire midway through the match due to a knee injury. Anahat’s victory marked a historic moment, as she triumphed against her opponent who is 12 years her senior.

 

BANKING AND FINANCE

 

1. RBI Imposes Fine Of ₹10.34 Crore On BoB, Citibank, And IOB: The Reserve Bank of India, on 24 November, took stringent measures against Citibank, Bank of Baroda, and Indian Overseas Bank, imposing penalties totaling ₹10.34 crore. Indian Overseas Bank bore the brunt of a ₹1 crore penalty for non-compliance with specific directions issued by the RBI on ‘loans and advances – statutory and other restrictions.’ Citibank, a major player in the banking sector, faced a hefty penalty of ₹5 crore for failing to comply with various directives. Bank of Baroda found itself in the regulatory crosshairs as the RBI imposed a penalty of ₹4.34 crore.

 

2. ADB unleashes USD 170 million wave to transform Kochi’s water landscape: Asian Development Bank (ADB) has given the nod to a USD 170 million loan aimed at modernizing water supply services in Kochi, a bustling city in the southern Indian state of Kerala. According to ADB, this move is expected to play a pivotal role in elevating urban living standards, ensuring clean water access, and bolstering climate resilience.