Daily GK Update- 20th Nov, 2024

 NATIONAL UPDATES:

 

1. 56th Tiger Reserve of the country notified in Chhattisgarh: The Chhattisgarh government has officially declared Guru Ghasidas National Park and Tamor Pingla Wildlife Sanctuary as a tiger reserve, increasing the total number of tiger reserves in the state to four.The state’s public relations department shared the notification dated November 4 issued by the Forest and Climate Change Department defining the area of the tiger reserve. The reserve will be named ‘Guru Ghasidas-Tamor Pingla Tiger Reserve.The tiger reserve, encompassing a total area of 2829.38 sq.kms, includes a core/critical tiger habitat of 2049.2 sq. km, comprising the Guru Ghasidas National Park and Tamor Pingla Wildlife Sanctuary, and has a buffer of 780.15 sq. km.A total of 753 species, including 365 invertebrates and 388 vertebrates, have been documented from Guru Ghasidas-Tamor Pingla Tiger Reserve by the Zoological Survey of India. The vertebrate fauna includes 230 species of birds and 55 species of mammals comprising several threatened species from both the groups.

 

2. CCI slaps penalty of Rs 213 crore on Meta for abusing dominant position: The Competition Commission of India (CCI) has slapped a penalty of Rs 213.14 crore on Meta, the US-based firm which owns WhatsApp, for alleged abuse of its dominant position in the implementation of the messaging app’s 2021 privacy policy.In an order, the antitrust regulator said that user data was collected and shared with other Meta companies in contravention of the competition law. It asked Meta and WhatsApp to implement certain behavioural remedies within a defined timeline, on top of issuing cease-and-desist directions for these entities.The Commission has concluded that the 2021 policy update by WhatsApp on a ‘take-it-or-leave-it’ basis constitutes an imposition of unfair condition under the Act, as it compels all users to accept expanded data collection terms and sharing of data within Meta Group without any opt-out,” the regulator said in a statement issued separately.

 

3. NABH under Quality Council of India (QCI) signs MoU with Research Society for the Study of Diabetes in India: National Accreditation Board for Hospitals and Healthcare Providers (NABH), a constituent body of the Quality Council of India (QCI), signed an MoU with the Research Society for the Study of Diabetes in India (RSSDI), to advance quality and consistency of diabetes care in India through the use of robust clinical and digital health standards.RSSDI is India’s largest professional body representing over 12,000 diabetes care providers across the country.Under the MoU, NABH and RSSDI will collaborate closely to enhance NABH’s Accreditation Standards for Allopathic Clinics for specific needs of diabetes care, and develop digital health standards for Clinic Management Systems (CMS) for better management of diabetes.

 

4. Sanjay Murthy to be next Comptroller and Auditor General of India: President Droupadi Murmu has appointed 1989 batch Indian Administrative Service (IAS) officer K. Sanjay Murthy as the new Comptroller and Auditor General of India (CAG).The appointment came two days ahead of the completion of the incumbent Girish Chandra Murmu’s tenure. Mr Murmu was appointed CAG in August 2020.Murthy is currently posted as Secretary, the Department of Higher Education, and his tenure is to end on December 31, 2024.By virtue of the power vested in her by clause (1) of article 148 of the Constitution of India, the President has been pleased to appoint K Sanjay Murthy to be the Comptroller and Auditor General of India with effect from the date he assumes charge of his office.Girish Chandra Murmu assumed office as the Comptroller and Auditor General of India on August 8, 2020. He will complete his term on November 20, 2024.

 

INTERNATIONAL UPDATES:

 

1. Dubai Hosts 3rd Global Freight Summit: The Global Freight Summit 2024 commenced in Dubai, marking its third edition since its inception in 2022.The three-day event, hosted by DP World, has attracted more than 5,000 industry leaders from 155 countries, representing diverse sectors of the global supply chain industry.Theme 2024 – Acting today to reach the opportunities of tomorrow The agenda emphasizes four critical pillars: the integration of AI and blockchain in business operations, strategies for navigating volatile global markets, sustainable shipping practices, and building resilient trade routes amidst geopolitical challenges and natural disasters.

The event has drawn significant participation from Indian corporations, with technology giants Wipro, Tech Mahindra, and SRM Tech to name a few, along with dozens of other corporations and entrepreneurs.

 

2. 19 November – World Toilet Day: World Toilet Day is observed every year on 19 November.World Toilet Day has become an opportunity to raise awareness about this issue, which affects health of people living in poor conditions.Theme 2024 – Toilets – A Place for Peace

World Toilet Day was created in 2001 by the World Toilet Organization (WTO), which was founded by Jack Sim. However, it was officially recognized by the United Nations in 2013.During the time, the Government of Singapore worked with the WTO to create the first UN resolution called Sanitation for All.

 

OTHER UPDATES:

DEFENCE

 

1. Army concludes multilateral joint exercise ‘Sanyukt Vimochan 2024’ in Gujarat: The Indian Army successfully concluded the Multilateral Annual Joint Humanitarian Assistance and Disaster Relief (HADR) Exercise, ‘Sanyukt Vimochan 2024’ held in Ahmedabad and Porbandar, Gujarat.The exercise brought together all agencies involved with disaster relief efforts, signifying the necessity of a whole-government approach. Notably, there were 15 international participants from nine friendly foreign countries.Exercise Sanyukt Vimochan 2024 had successfully showcased the practical execution of rescue and relief plans through an integrated, multi-agency, multilateral disaster response while showcasing indigenous HADR equipment promoting Atmanirbhar Bharat.

SPORTS 

 

1. Italian Jannik Sinner wins his first ATP Finals Singles Title: World No.1 men’s tennis player Jannik Sinner of Italy won his first ATP Finals title in Turin, Italy, by defeating American Taylor Fritz in straight sets in the final.Earlier, American Coco Gauff won the season-ending 2024 WTA Finals by defeating Zheng Qinwen of China.The German pair of Kevin Krawietz and Tim Puetz won the season-ending ATP Finals doubles title.The season’s ending ATP Finals which is the last tournament of the year in the men’s professional tennis was held in the Italian city of Turin.

 

2. Jyothi Surekha Vennam clinches gold medal in women’s Archery compound event at GT Open: In Archery, Reigning Asian Games champion Jyothi Surekha Vennam clinched the gold medal in the women’s compound event at the GT Open in Luxembourg.Competing in the GT Open for the first time, Jyothi played brilliantly throughout the tournament and secured the title with a 147-145 win against Sarah Prieels of Belgium.Meanwhile, in the men’s compound event, Abhishek bagged the silver medal. He fell just short of claiming gold despite scoring a perfect 150 in the final. His opponent, the legendary Mike Schlosser of the Netherlands, secured the top spot after a perfect shot in the final.

 

3. Men’s Senior Hockey Nationals: Odisha thumps Haryana 5-1 to win title: Odisha hammered two-time champion Haryana 5-1, courtesy of a hat-trick by Shilanand Lakra, in the final of the Hockey India-14th Senior National championship at the SDAT-Mayor Radhakrishnan Stadium for its maiden gold medal.For Haryana, it was its second successive defeat in the summit clash, having lost to Punjab last time. Earlier, Uttar Pradesh beat Manipur 2-1 to bag the bronze medal.Odisha’s defenders especially the rushers Kerobin Lakra and Amit Kumar Topno along with goalkeeper Sahil Kumar Nayak showed great alacrity by disrupting the penalty corners of Haryana which had 10 in total.

 

4. Magnus Carlsen, Kateryna Lagno win Tata Steel Chess India blitz titles: GM Magnus Carlsen from Norway has added the 2024 Tata Steel Chess India Open Blitz title to his Rapid crown after beating GM Arjun Erigaisi in the penultimate round. The Indian star then lost the last three games, however, enabling GM Wesley So to snatch second with a six-game winning streak.GM Kateryna Lagno from Russia clinched the 2024 Tata Steel Chess India Women’s Blitz with a round to spare after earlier seeing her lead evaporate. GM Valentina Gunina caught her with five rounds to go and won their last-round encounter to ensure second place, while GM Aleksandra Goryachkina took third, sharing prize money with GM Vantika Agrawal.

 

BANKING AND FINANCE

 

1. Morgan Stanley trims India’s FY25 GDP forecast to 6.7%: Morgan Stanley has lowered India’s growth forecast for FY25 from 7 per cent to 6.7 per cent, on the back of weaker-than-expected high-frequency growth data for the second quarter, which is anticipated to grow at a slower pace of 6.3 per cent.However, Morgan Stanley projected that growth may rebound to approximately 6.7-6.8 per cent in the second half of FY25, driven by improved agricultural output and increased government spending.Furthermore, the financial services company also maintained its forecast for FY26 and FY27 at a steady 6.5 per cent, noting that domestic demand will remain a key growth driver in the coming years.

 

2. SBI raises Rs 10,000 cr through infra bond issuance: Country’s largest lender, State Bank of India has raised Rs 10,000 crore through its seventh infrastructure bond issuance.SBI raised Rs 10,000 crore at a coupon rate of 7.23 per cent through its seventh infrastructure bond issuance.

The issue attracted overwhelming response from investors with bids in excess of Rs 11,500 crore and was oversubscribed in excess of 2 times against the base issue size of Rs 5,000 crore.The total number of bids received was 85 indicating wider participation with heterogeneity of bids.The investors were across provident funds, pension funds, insurance companies, mutual funds etc. The proceeds of bonds will be utilized in enhancing long-term resources for funding infrastructure and affordable housing segments.

 

3. Paytm UPI goes global; app users can make payments at select international locations: One97 Communications (OCL), that owns Paytm brand, said Paytm users will be able to make UPI payments at select international locations, including popular spots in the UAE, Singapore, France, Mauritius, Bhutan, and Nepal.The move allows users to conveniently pay for all use cases including shopping, dining, and local experiences abroad using UPI through their Paytm app.“One97 Communications (OCL) that owns the brand Paytm, India’s leading payments and financial services distribution company and the pioneer of QR, Soundbox and mobile payments, has enabled Paytm users to make UPI payments at select international locations.Indian travellers can now use their Paytm app to make seamless, cashless payments at destinations where UPI is accepted, including popular spots in the UAE, Singapore, France, Mauritius, Bhutan, and Nepal.

 

AWARDS AND HONOURS

 

1. Coal India Ltd under the Aegis of Ministry of Coal receives Green World Awards 2024 in London: Coal India Limited (CIL) under the aegis of the Ministry of Coal, has been conferred with the esteemed Green World Environment Award in the Corporate Social Responsibility (CSR) category along with the distinguished tile of Green World Ambassador.Ministry of Coal has overall responsibility of determining policies and strategies in respect of mining of coal and other minerals in large interest of the country.This prestigious international award has been given to CIL for exemplary work in the field of CSR i.e Thalassemia Bal Sewa Yojna for permanent curative treatment of more than 600 Thalassemia patients, through stem cell transplant also known as Bone Marrow Transplant (BMT).CIL, in 2017 became the first Public Sector Undertakings to take up the CSR project for curative treatment of Thalassemia through BMT operations across the country. Under this scheme, financial assistance upto to Rs.10 lakh is provided by CIL for the BMT.

 

 

 

 

Daily GK Update- 19th Nov, 2024

 NATIONAL UPDATES:

 

1. Sarai Kale Khan ISBT Chowk in Delhi renamed after Birsa Munda: Housing and Urban Affairs Minister Manohar Lal Khattar announced, the chowk outside the Inter-State Bus Terminal (ISBT) bus stand in Delhi’s Sarai Kale Khan will be renamed after Bhagwan Birsa Munda.The decision was announced on the occasion of the 150th birth anniversary of the freedom fighter and tribal leader Bhagwan Birsa Munda.This decision was taken to honour the freedom fighter so that people visiting the area could know about him and get inspired by his life.Union Home Minister Amit Shah along with Union Minister Manohar Lal Khattar and Delhi LG VK Saxena, also unveiled a statue of Bhagwan Birsa Munda in the national capital city on the occasion of his 150th birth anniversary.

 

2. Meghalaya hosts Helicopter and Small Aircraft Summit 2024: The 6th Helicopter & Small Aircraft Summit 2024 was inaugurated in Shillong, Meghalaya. The event, held at Courtyard by Marriott, was organized by Pawan Hans Ltd in collaboration with FICCI, with support from the Ministry of Civil Aviation and the Meghalaya government.The summit aims to enhance the use of helicopters and small aircraft across India, with a particular focus on addressing the challenges of connectivity in regions like the Northeast.The summit brought together various industry participants, including operators, original equipment manufacturers, maintenance providers, regulators, and financing companies, alongside representatives from state governments.

 

3. 24 coastal villages in Odisha recognised by UNESCO as ‘Tsunami Ready’: 24 coastal villages in Odisha were recognised by the Intergovernmental Oceanographic Commission of UNESCO as ‘Tsunami Ready’.The recognition was given during the 2nd Global Tsunami Symposium held in Indonesia.These villages are located in Balasore, Bhadrak, Kendrapada, Jagatsinghpur, Puri and Ganjam districts.Besides, the Tsunami Ready Recognition Certificates were renewed for two villages in the state. These villages are Noliasahi in Jagatsinghpur district and Venkatraipur in Ganjam district. They were recognised as Tsunami Ready in 2020.

 

INTERNATIONAL UPDATES:

 

1. US announces return of over 1,400 looted artefacts to India: The United States announced the return of over 1,400 looted artefacts valued at 10 million dollars to India.The items, part of an ongoing initiative to restore stolen art to South and Southeast Asia, include pieces recently displayed at New York’s Metropolitan Museum of Art. Among the returned treasures is a sandstone sculpture of a celestial dancer, illicitly transported from central India to London before being sold to a Met patron and subsequently donated to the museum.Manhattan District Attorney’s Office revealed the recovery was the result of ‘several ongoing investigations’ targeting looting networks, including those run by convicted art traffickers Nancy Wiener and Subhash Kapoor.Kapoor, a former antiquities dealer, was sentenced to 10 years in prison for managing a multimillion-dollar looting operation through his New York gallery. After his arrest in Germany in 2011, Kapoor was extradited to India, where he awaits further legal proceedings and extradition to the US.

 

2. UAE Launches Global Energy Efficiency Alliance at COP29: The UAE has unveiled an ambitious initiative to establish the ‘Global Energy Efficiency Alliance’ during COP29, hosted in Azerbaijan.

This move aims to double global energy efficiency rates by 2030 and contribute to significant emission reductions.The initiative builds on the ‘UAE ConseFnsus’ from COP28, a commitment that brought together countries, organizations, and corporations to reduce carbon emissions and promote sustainable resource management.The UAE plans to lead the alliance by sharing its expertise in energy efficiency, fostering knowledge transfer, and building effective partnership models with the private sector. The alliance is designed to support the reduction of carbon emissions and the sustainable use of natural resources through knowledge sharing, capacity building, and standardization efforts.

 

3. 18 – 24 November – World Antimicrobial Resistance Awareness Week: World Antimicrobial Awareness Week (WAAW) is celebrated every year from November 18-24.Objective – To increase awareness of global antimicrobial resistance (AMR) and to encourage best practices.Theme 2024 – Advocate. Act noAs per the WHO, an estimated 1.27 million global deaths in 2019 were directly the result of bacterial AMR, and it also contributed to 4.95 million deaths.Wazed cited increased population, limited access to healthcare, and misuse of antimicrobials as major risk factors for raising the risks for AMR in developing nations.

 

4. 18 November – World Day for the Prevention of and Healing from Child Sexual Exploitation, Abuse and Violence: World Day for the Prevention of and Healing from Child Sexual Exploitation, Abuse, and Violence is observed every year on November 18.Objective – To promote global action to prevent abuse, provide healing, and uphold the rights and dignity of affected children.Affirming the need to eliminate and prevent all forms of child sexual exploitation, abuse, and violence and to promote dignity and rights, including mental and physical health and healing, of those who experience child sexual exploitation, abuse and violence, on 7 November 2022, the General Assembly adopted resolution A/RES/77/8, proclaiming 18 November of each year as the World Day for the Prevention of and Healing from Child Sexual Exploitation, Abuse and Violence

 

OTHER UPDATES:

DEFENCE

 

1. Bharat NCX 2024 Officially Inaugurated: Strengthening Cyber Defense and Strategic Decision-Making Across India: The Bharat National Cyber Security Exercise (Bharat NCX 2024), a landmark initiative to fortify India’s cybersecurity resilience, was inaugurated at a high-profile ceremony organized by the National Security Council Secretariat (NSCS) in collaboration with Rashtriya Raksha University (RRU)The 12-day exercise is a critical step in preparing India’s cybersecurity professionals and leadership to tackle evolving threats with advanced cyber defence, incident response capabilities, and strategic decision-making.The event runs from November 18 to November 29, 2024, culminating in a comprehensive debrief to consolidate lessons learned and establish best practices in cybersecurity.

 

2. DRDO carries out successful flight trial of India’s first long-range hypersonic missile off the Odisha coast: Defence Research and Development Organisation (DRDO) conducted a successful flight trial of India’s first long-range hypersonic missile from Dr APJ Abdul Kalam Island off the coast of Odisha.This hypersonic missile is designed to carry various payloads for ranges greater than 1,500 kms for the Armed Forces.The missile was tracked by various range systems, deployed in multiple domains. The flight data obtained from down-range ship stations confirmed the successful terminal maneuvers and impact with a high degree of accuracy.This missile has been indigenously developed by the laboratories of Dr APJ Abdul Kalam Missile Complex, Hyderabad, along with various other DRDO laboratories and Industry Partners. The flight trial was carried out in the presence of senior scientists of DRDO and officers of the Armed Forces.

 

SPORTS 

 

1. FIFA Unveils NASA-Inspired Trophy for Expanded 2025 Club World Cup: The Federation International de Football Association (FIFA) has unveiled the new trophy for the upcoming FIFA Club World Cup 2025, which is scheduled to be played in the US from July 15 to July 13, 2025.The football’s past and future are symbolized by the cup’s design, which was inspired by NASA’s Voyager Golden Records. The 24-carat gold cup also features many graphics that illustrate the periodic table, astronomy, and the football’s magnificence.The cup was created in collaboration with Tiffany & Co. and will be given to the champion after the final game at MetLife Stadium.The trophy also symbolizes the world of club football, which is a celebration of greatness, hope, and pride. It captures the journey of every club, player, and supporter who is bound together by their love of the beautiful game.

 

SCIENCE AND TECHNOLOGY

 

1. Elon Musk’s SpaceX launches India’s heavy communication satellite GSAT-20 from Cape Canaveral, US: Elon Musk’s SpaceX launched India’s heavy communication satellite GSAT-20 from Cape Canaveral in the US.SpaceX’s Falcon-9 has launched ISRO’s GSAT-20, also called GSAT N-2. The satellite is expected to remain in operation for 14 years. It will provide vital services across India, including internet connectivity for remote areas.Weighing 4,700 kg, GSAT-20 is one of India’s heaviest communication satellites. The GSAT-20 is too heavy for India’s own rocket LVM-3, popularly known as ‘Bahubali’ to carry, so SpaceX was chosen for the launch.SpaceX’s heavy-lifter Falcon-9 rocket can launch payloads of 8,300 kg or 8.3 tonnes to geostationary transfer orbit.

 

 

BANKING AND FINANCE

 

1. Karnataka Bank launches 2 financial products for students: Karnataka Bank Ltd. has launched two financial products – ‘KBL Peak’, an education loan with financing of up to ₹2 crore and comprehensive coverage, and ‘KBL Genius’, a student savings account featuring free cyber insurance.With the ‘KBL Peak’ education loan and ‘KBL Genius’ savings account, Karnataka Bank aims to help students pursue their academic goals and aspirations with financial freedom, contributing to a brighter future for both individuals and the nation.‘KBL Peak’ supports students pursuing higher education in India and abroad. With loan amounts up to ₹2 crore, it covers tuition fees and expenses related to accommodation, travel, books and laptops. ‘KBL Peak’ provides a pre-admission sanction letter, simplifying the admission process, and includes credit life insurance for both the student and the parent, ensuring comprehensive financial protection.

 

2. Unifi Asset Management gets SEBI nod for mutual fund operations: Unifi Asset Management Pvt Ltd, a wholly owned subsidiary of Unifi Capital, has received final approval from the Securities and Exchange Board of India (SEBI) to launch its mutual fund operations.The Fund is designed to bring Unifi’s core absolute value investing process to investors seeking specialist funds with a focus on niche and rewarding opportunities.The company has built an experienced mutual fund team by blending internal expertise with strategic external hires.Unifi Capital, founded in 2001, is a registered portfolio manager with assets under management (AUM) of approximately ₹27,000 crore ($3.2 billion) across equity and debt platforms via its PMS and AIF offerings in India and abroad, as of October 31, 2024.

CEO of Unifi Mutual Fund – George Alexander

 

3. SBI Empowers Rural Youth Entrepreneurs Through Jagriti Yatra 2024 to Boost ‘Viksit Bharat’: State Bank of India (SBI) has partnered with Jagriti Yatra 2024, a transformative 8,000-km, 15-day entrepreneurial journey across India’s Tier 2 and Tier 3 regions.This initiative will support 500 young aspirants in exploring entrepreneurial opportunities, receiving expert mentorship, and engaging in practical learning experiences.Through this collaboration, SBI aims to nurture future innovators, advancing India’s vision of a ‘Viksit Bharat’ (Developed India) by 2047.The bank has established 152 Rural Self Employment Training Institutes (RSETIs), which have successfully trained over 11.5 lakh rural candidates, enabling 74% of them to become self-employed. Additionally, SBI leads the Self-Help Group (SHG) loans market, with a portfolio exceeding Rs. 50,000 crores, benefiting over 1 crore women members.

 

4. IndusInd Bank and BFIL partnered with Ministry of Agriculture to Empower Farmer Producer Organizations: IndusInd Bank Limited (IBL) and Bharat Financial Inclusion Limited (BFIL), a wholly owned subsidiary of IBL, have signed an MoU with the Ministry of Agriculture and Farmers Welfare (MoA&FW), Government of India, to launch the Bharat Sanjeevani Krishi Utthan initiative.The initiative aligns with the government’s flagship program, “Formation and Promotion of 10,000 Farmer Producer Organizations (FPOs),” and aims to provide a robust framework for empowering FPOs across India.These organizations play a pivotal role in enhancing farmers’ bargaining power, reducing production costs, and improving incomes through collective efforts.This unit will oversee the implementation of FPO projects at the national level and in 11 target states, including Andhra Pradesh, Bihar, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana, Uttar Pradesh, and West Bengal.It also includes capacity-building, IT infrastructure development, and data management to optimize FPO operations.

 

 

 

Daily GK Update- 18th Nov, 2024

 NATIONAL UPDATES:

 

1. Reliance, Disney complete merger; form Rs 70,352 crore joint venture: Reliance Industries has completed the merger of its media assets with the India business of global media house Walt Disney to form a new joint venture worth Rs 70,352 crore.The JV, in which Reliance Industries has invested Rs 11,500 crore (USD 1.4 billion) for its growth, will be headed by Nita Ambani as its Chairperson.Reliance Industries holds a 16.34 percent stake in the JV, while its step-down unit Viacom18 holds 46.82 percent and Disney the rest 36.84 percent.The JV will be one of the largest media & entertainment companies in India with pro forma combined revenue of approximately Rs 26,000 crore (USD 3.1 billion) for the fiscal year ended in March 2024.Viacom 18 Media and The Walt Disney Company has already received necessary approvals required from authorities such as CCI, NCLT for the merger of the media and JioCinema businesses of media and JioCinema businesses of Viacom18 into Star India.

 

2. Harbhajan & Sania Mirza appointed Dubai Sports Council brand ambassador: The Dubai Sports Council has appointed former cricket player Harbhajan Singh and women’s Tennis player Sania Mirza as the Sports Ambassador.They join Russian Khabib Nurmagomedov and French football player Patrice Evra as the four sporting icons appointed by the Dubai Sports Council.As sports ambassadors, these four former players will play a vital role in enhancing Dubai’s status as a premier global sports destination. They will help strengthen Dubai’s sports ecosystem by attracting prestigious international events, nurturing local talent, and promoting sports tourism.

 

3. 16 November – National Press Day: National Press Day is observed on November 16 in India, which honours the establishment of the Press Council of India (PCI) in 1966.It marks the critical role of the press in a democratic society. The press is often regarded as the “fourth pillar of democracy,” which plays a vital role in holding the government accountable.Theme 2024 – Changing nature of the press The PCI was established under the Press Council Act, whose main aim is to safeguard the freedom of the press.

 

4. 17 November – National Epilepsy Day: National Epilepsy Day is observed on November 17 to spread awareness about the neurological disorder that affects millions worldwide.Theme 2024 – Milestones on My Epilepsy Journey Epilepsy refers to a condition in which the affected person faces frequent seizures. This chronic non-communicable disease can affect people of all ages, and each age group has its unique concerns and problems

 

INTERNATIONAL UPDATES:

 

1. Nvidia And SoftBank Unveil World’s First AI-driven 5G Telecom Network: Leading chipmaker Nvidia and SoftBank Corp, the telecommunications arm of SoftBank Group, have piloted the world’s first artificial intelligence (AI) and 5G telecoms network. The network can run AI and 5G workloads concurrently, a process known as an artificial intelligence radio access network (AI-RAN). Applications for the network include autonomous vehicle remote support and robotics control.The innovative framework allows the network to handle massive data processing and real-time decision-making, elevating the potential for AI-driven solutions across telecom and enterprise sectors.

CEO of Nvidia – Jensen Huang

 

2. Filmmaker Ashutosh Gowariker appointed as chairperson of International Jury for IFFI 2024: Filmmaker Ashutosh Gowariker has been appointed as the chairperson of the International Jury for the 2024 International Film Festival of India (IFFI).Gowariker, known for films such as ‘Jodhaa Akbar’, ‘Lagaan’, and ‘Swades’, said he is honoured to be associated with the prestigious film festival, which will be held in Goa from November 20 to 28.

 

3. Valdecy Urquiza appointed new Chief of INTERPOL: Brazil’s Federal Police Commissioner Valdecy Urquiza has been elected as the new secretary general of Interpol at the global police organisation’s 92nd General Assembly in Glasgow.Urquiza will take over from the incumbent, Jurgen Stock, when the General Assembly concludes. Stock has been at the helm of the world’s largest police organisation for the past 10 years.From India, the annual event was attended by the Central Bureau of Investigation (CBI) director, Praveen Sood, and Vijayendra Bidari, joint director of the federal anti-corruption agency.

 

4. 16 November – International Day for Tolerance: International Day for Tolerance is observed every year on 16 November.Objective – To promote mutual understanding among various cultures and enhance tolerance among individuals.Theme 2024 – Promoting Respect and Understanding Worldwide This day was declared in 1995 to encourage global dialogue and cooperation to counter intolerance, discrimination, and violence. This declaration emphasised that tolerance is not just a moral duty but a legal and political requirement for peace and social harmony.

 

5. 17 November – International Students’ Day: International Students’ Day is observed every year on November 17.Theme 2024 – Keep striving, keep learning, and keep believing in the power of education.The day is commemorated in memory of the bravery of thousands of student activists in Prague, during the Nazi attack, who fought for the right to higher education.The Nazi forces occupied the Czech Republic on November 17, 1939 and executed nine protesters without trial. They also detained more than 1,200 students and sent them to concentration camps. Only a few survived in the camp. To mark this loss of 1,200 University of Prague students’ lives, the first observance was held at London’s International Students’ Council in 1941. It was this moment that university students decided to introduce the day as International Students’ Day.

 

 

OTHER UPDATES:

DEFENCE

 

1. India, Japan sign agreement for UNICORN masts for Indian naval warships: A Memorandum of Implementation (MoI) was signed at the Embassy of India, Tokyo between Govt of India and Govt of Japan, for the co-development of UNICORN mast for fitment onboard Ships of the Indian Navy. The Unified Complex Radio Antenna (UNICORN) is a mast with Integrated Communication systems that will help improve the stealth characteristics of Naval Platforms.The Indian Navy is pursuing the induction of these advanced systems which will be co-developed by Bharat Electronics Limited in India with Japanese collaboration. When implemented, this would be the first case of co-development / co-production of Defence Equipment between India and Japan.

 

SPORTS 

 

1. Prajnesh Gunneswaran announces retirement from professional tennis: Asian Games bronze medal winner Prajnesh Gunneswaran announced his retirement from professional tennis.The 35-year-old Indian won singles bronze in the 2018 Jakarta Asian Games. His highest doubles ranking was 248 which he attained in 2018.Gunneswaran also competed in all four Grand Slams, bowing out in the opening round in all instances.The Australian Open was the only Slam in which he competed on multiple occasions — 2019 and 2020. He won only a title in the doubles — Egypt F25, Sharm El Sheikh (ITF Futures Tour) — 2018 with his Egyptian partner Issam Haitham Taweel

 

SCIENCE AND TECHNOLOGY

 

1. NASA-Microsoft’s New Earth Copilot To Enhance Understanding on Our Planet: US space agency NASA has partnered with Microsoft to develop an easier-to-access and user-friendly Artificial Intelligence-based chatbot that can help people decode scientific data about Earth.The new Earth Copilot can answer people “through plain language queries” ranging from monitoring wildfires to tracking climate change — transforming how people interact with Earth’s data.The AI model leverages Microsoft’s Azure cloud platform and comes with advanced AI capabilities that will transform how people can search, discover and analyse NASA’s complex geospatial data, which so far has been accessible only to a limited number of researchers and scientists.

 

BANKING AND FINANCE

 

1. CBDT launches campaign to inform taxpayers on undeclared foreign assets: The Central Board of Direct Taxes (CBDT) has launched a Compliance-Cum-Awareness Campaign for Assessment Year (AY) 2024-25 to assist taxpayers in accurately completing Schedule Foreign Assets (Schedule FA) and reporting income from foreign sources (Schedule FSI) in their income tax returns (ITR). In a statement, CBDT said informational messages will be sent via SMS and email to resident taxpayers who have already submitted their ITRs for AY 2024-25. These messages are intended for individuals identified through information received under bilateral and multilateral agreements, suggesting that they may hold foreign accounts or assets, or have received income from foreign jurisdictions These messages are intended for individuals identified through information received under bilateral and multilateral agreements, suggesting that they may hold foreign accounts or assets, or have received income from foreign jurisdictions.

 

AWARDS AND HONOURS

 

1. Hyderabad Airport wins global recognition for digital innovations: GMR Hyderabad International Airport Limited (GHIAL) has received international acclaim for its advancements in digital innovation, securing accolades at the ‘Airport Excellence Awards’ held during the Saudi Airport Exhibition 2024. The awards ceremony took place on November 12 at the Riyadh International Convention and Exhibition Center (RICEC), and celebrated leading global innovations in the aviation industry.GHIAL’s ‘Digital Twin’ secured an award in the Innovation and Technology and Facility Management categories. Another of GHIAL’s innovations, the ‘Smart Shopping Trolley,’ was recognised as the runner-up in the Airport Revenue Management category. The Digital Twin at RGIA creates a virtual replica of the physical airport. Through real-time data integration from CCTV, sensors, and IoT devices, this advanced model offers a holistic, data-driven view of airport operations, from terminal functionality to passenger flow and resource management.

 

2. Denmark’s Victoria Kjaer Theilvig named 73rd Miss Universe: Victoria Kjaer Theilvig of Denmark has been crowned Miss Universe for 2024, marking her country’s first win at the international beauty pageant. The 73rd edition of the pageant, which saw participation by more than 120 contestants, was held at the Mexico City Arena. Miss Nigeria Chidimma Adetshina placed second, whereas Miss Mexico Maria Fernanda Beltran came in third. Theilvig, an animal protection advocate who works in the diamond selling business, was crowned by Miss Universe 2023 Sheynnis Palacios from Nicaragua. Rhea Singha, who represented India at the 73rd edition of the competition, was called into the list of top 30 contestants. Miss Universe 2024 was hosted by Mario Lopez, Miss Universe 2012 Olivia Culpo, presenter Zuri Hall, and Miss Universe 2018 Catriona Gray.

 

3. PM Modi receives Nigeria’s second-highest national award: Nigeria has conferred its second-highest national award – the Grand Commander of the Order of the Niger – on Prime Minister Narendra Modi, making him the second foreign dignitary to receive the distinction. This was the 17th such international award conferred on PM Modi by a country. Queen Elizabeth is the only foreign dignitary who was awarded GCON in 1969. PM Modi is in Nigeria on the first leg of his three-nation visit at the invitation of President Bola Ahmed Tinubu. This visit is the first by an Indian prime minister to Nigeria in 17 years.

 

 

Daily GK Update- 17th Nov, 2024

 NATIONAL UPDATES:

 

1. Historic inauguration of 1st trilateral power transaction from Nepal to Bangladesh via Indian Grid: The first trilateral power transaction – from Nepal to Bangladesh through the Indian Grid, was inaugurated. Power Minister Manohar Lal jointly inaugurated the power flow from Nepal to Bangladesh, along with the Adviser of Bangladesh Ministry of Power, Fouzul Kabir Khan, and Nepal’s Minister of Energy, Water Resources and Irrigation, Dipak Khadka, through a virtual event.This historic occasion marks the first trilateral power transaction which has been carried out through the Indian grid.The government announced its decision to facilitate the first trilateral power transaction from Nepal to Bangladesh, through the Indian grid with an export of up to 40 MW of power during the visit of the former Nepal Prime Minister, Pushpa Kamal Dahal ‘Prachanda’ to India last year.

 

2. Dr. Mansukh Mandaviya launches India’s ‘Know Your Medicine’ App: Union Minister for Youth Affairs & Sports, Mansukh Mandaviya, has launched a nationwide appeal to strengthen the fight against doping in sports, urging athletes, coaches, and the entire sporting community to embrace the National Anti-Doping Agency (NADA) India’s ‘Know Your Medicine (KYM)’ app.This innovative tool aims to empower athletes with critical information, helping them avoid inadvertent doping and maintain fair play.The KYM app is part of NADA India’s broader mission to raise anti-doping awareness and education, equipping athletes with essential information to stay clean.The app allows users to easily verify whether a specific medicine or its ingredients contain any substances listed as prohibited by the World Anti-Doping Agency (WADA). By offering this quick and seamless verification, the KYM app helps athletes to stay informed and uphold integrity of sport, fostering a culture of fair and ethical sportsmanship.

 

3. Himachal Government launched Come and Install Solar Power Projects initiative: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has launched the ‘Come and Install Solar Power Projects’ initiative to encourage investment in the state’s solar and solar energy projects.This is part of the state government initiative to turn Himachal Pradesh into a clean and green energy state by 31st March 2026.Under the State government’s Come and Install Solar Power Projects initiative, the private sector will be encouraged to invest in the solar power sector in the state.According to the government,300 MW of ground-mounted solar power projects have been awarded to the private sector, of which 62 MW are operational. The public sector is setting up 32 MW solar projects.

 

4. AAP’s Mahesh Khinchi Elected Delhi’s New Mayor: The recent mayoral elections in Delhi have sparked political activity with Mahesh Khichi from the Aam Aadmi Party (AAP) being elected as the new Mayor. This election followed an extended delay of nearly eight months. It marks an important victory for the AAP ahead of upcoming Assembly polls. Mahesh Khichi is a first-time councillor from Dev Nagar. He is 45 years old and a financial advisor by profession. He completed his BCom from Motilal Nehru College in 1999. After his victory, Khichi expressed gratitude to his supporters and party leadership.

 

INTERNATIONAL UPDATES:

 

1. EAM S. Jaishankar launches his book ‘Why Bharat Matters’ in Dubai: External Affairs Minister Dr S. Jaishankar launched his book, Why Bharat Matters, at the Mohammed Bin Rashid Library in Dubai, UAE.During the event, Dr. Jaishankar provided insight into the themes and key messages of his book, reflecting on the complex interplay of global and domestic factors shaping India’s position in the world.

 

2. Nepal Begins Electricity Export to Bangladesh: Nepal has recently initiated the export of electricity to Bangladesh via India’s electricity grid and development took place on November 15, 2024. The ceremony was attended by key officials from Nepal, Bangladesh, and India. The power flow is anticipated to enhance sub-regional connectivity in the power sector. The tripartite power sales agreement was signed on October 3, 2024. This agreement involved NTPC Vidyut Vyapar Nigam, Nepal Electricity Authority, and Bangladesh Power Development Board (BPDB). The agreement aims to facilitate electricity trade among the three nations.

 

3. UAE Launches Global Energy Efficiency Alliance: The Global Energy Efficiency Alliance has several key objectives, which aim to enhance energy efficiency worldwide and also focus on cutting carbon emissions. It will also strive to minimize the consumption of natural resources. Public-private partnerships will play an important role in achieving these goals. An important aspect of the alliance is its focus on supporting African nations. The UAE plans to share financing solutions and technological advancements. This support aims to empower African countries in their energy efficiency efforts. By encouraging collaboration, the alliance hopes to create a sustainable energy future.

OTHER UPDATES:

DEFENCE

 

1. DRDO successfully completes Flight Tests of Guided Pinaka Weapon System: Defence Research and Development Organisation (DRDO) has successfully completed the Flight Tests of Guided Pinaka Weapon System as part of Provisional Staff Qualitative Requirements (PSQR) Validation Trials.The flight tests have been conducted in three phases at different field firing ranges.During these tests, the PSQR parameters viz., ranging, accuracy, consistency and rate of fire for multiple target engagement in a salvo mode have been assessed by extensive testing of rockets.Twelve (12) rockets from each production agency from two in-service Pinaka launchers upgraded by the launcher production agencies have been tested.

 

SPORTS 

 

1. India won 24 medals at FISU World University Championship Shooting 2024: The Indian shooters finished their campaign at the 2024 FISU World University Championship Shooting with a rich haul of 24 medals, including 9 gold, 9 silver, and 6 bronze.The FISU World University Championship Shooting 2024 was held at the Dr Karni Singh Shooting Range in Tughlakabad, New Delhi. It was organised by the International University Sports Federation, known by its French acronym FISU and hosted by India.The mascot of the game was Trunky, an elephant.

 

2. India’s Sports Industry is Expected to Grow to $130 Billion by 2030: The sports sector has the potential to create 10.5 million jobs by 2030. It could also generate $21 billion in indirect tax revenue. This economic boost will benefit various industries linked to sports. The growing interest in sports will stimulate demand for sports goods and services. As a result, a thriving ecosystem will emerge, enhancing overall economic growth. Digital consumption of sports content is on the rise. Gen Z consumers constitute 43 per cent of the sports fan base. Fans are spending 20 per cent more time on non-live content. This trend marks a preference for on-demand viewing. Shorter, personalised content experiences are increasingly popular. Digital platforms are crucial in enhancing fan engagement and accessibility.

 

SCIENCE AND TECHNOLOGY

 

1. Chang’e-6: Historic Lunar Sample Retrieval: In June 2024, China’s Chang’e-6 spacecraft achieved an important milestone and successfully retrieved the first surface samples from the moon’s far side. This region has remained unexplored until now. The samples are shedding light on the moon’s geological history and provide evidence of ancient volcanic activity. The samples include volcanic rock fragments, specifically basalt. These fragments date back to 4.2 billion and 2.8 billion years ago. The older basalt indicates prolonged volcanic activity. This activity lasted at least 1.4 billion years during the moon’s early history. The findings suggest diverse sources of magma contributed to the volcanic rocks.

 

BANKING AND FINANCE

 

1. India’s economy to grow to 7.2% in 2024: Moody’s: Moody’s Ratings forecast a 7.2 percent GDP growth for India in 2024, saying the Indian economy is in a sweet spot, but inflation risks may prompt the RBI to retain a relatively tight monetary policy this year.Moody’s said that despite the near-term uptick, retail inflation should moderate toward the Reserve Bank’s target in the coming months as food prices ease amid higher sowing and adequate food grain buffer stocks.The retail inflation scaled to a 14-month high of 6.21, breaching the RBI’s upper tolerance limit, on a sharp jump in vegetable prices.

 

 

 

AWARDS AND HONOURS

 

1. Dominica to Confer Highest National Honour to PM Modi: Dominica has announced to confer its highest national honour to Prime Minister Narendra Modi.The Dominica Award of Honour will be bestowed to the Prime Minister in recognition of his contributions to Dominica during the COVID-19 pandemic and his dedication to strengthening the partnership between India and Dominica.President of Dominica Sylvanie Burton will confer the award during the upcoming India-CARICOM Summit, scheduled to take place in Georgetown, Guyana from 19th to 21st of this month.India supplied Dominica with 70 thousand doses of the AstraZeneca COVID-19 vaccine during the Covid pandemic in February 2021. The award also recognizes India’s support for Dominica in healthcare, education and information technology under Prime Minister Narendra Modi’s leadership, as well as his role in promoting climate resilience-building initiatives and sustainable development on a global level.