Daily GK Update- 26th Oct, 2024

 

NATIONAL UPDATES:

1. IIM Shillong signs MoU with SIDBI to launch entrepreneurship training and incubation programme : The Indian Institute of Management Shillong, through its IIM Shillong Foundation for Incubation and Enterprise (IIMSFIE), has signed an MoU with the Small Industries Development Bank of India (SIDBI). The partnership aimed at providing comprehensive entrepreneurship training and incubation support to aspiring entrepreneurs. By leveraging SIDBI’s vast network and IIMSFIE’s infrastructure and experience, the initiative will create a robust support system to nurture innovative startups and enterprises.

 

2. Bhupendra Patel Inaugurates 17th Urban Mobility India Conference & Expo 2024 : Chief Minister Shri Bhupendra Patel inaugurated the 17th Urban Mobility India Conference & Expo- 2024 today at the Mahatma Mandir Convention Centre in Gandhinagar, Gujarat. The event, running from October 25 to 27, 2024, gathers over 2,000 professionals and academics to discuss the future of urban transport in India. The conference focuses on the theme “Standardisation and Optimisation of Urban Transport Solutions,” aiming to enhance urban mobility through integrated strategies and innovative practices.

 

3. TPC & Indian Army Collaborate for Sustainable Energy in Ladakh : NTPC has teamed up with the Indian Army to establish a solar hydrogen-based microgrid at Chushul, Ladakh, aimed at ensuring a stable power supply for off-grid Army locations using green hydrogen. Defence Minister Rajnath Singh laid the foundation stone for this innovative project through video conferencing. This initiative is significant in replacing existing diesel generators with a sustainable energy solution capable of providing 200 kW of power year-round, despite the region’s harsh winter conditions where temperatures can drop to -30°C at an altitude of 4,400 meters.

 

INTERNATIONALUPDATES:

1. 24 October – World Polio Day : World Polio Day is observed on October 24 every year. Objective – To raise awareness about the fight against poliomyelitis.

Theme 2024 – A Global Mission to Reach Every Child

This day was established by Rotary International in honor of Dr Jonas Salk. He developed the first successful polio vaccine. The day serves to highlight ongoing efforts by the Global Polio Eradication Initiative (GPEI), founded in 1988. This initiative has reduced polio cases worldwide by 99 percent.

 

2. 24 October – World Development Information Day : World Development Information Day is observed every year on October 24, coinciding with the United Nations Day. The day focuses on the need to mobilise public opinion in both developing and developed countries in a bid to accelerate their economic and social progress.

In 1972, the General Assembly established World Development Information Day to draw the attention of the world to development problems and the need to strengthen international cooperation to solve them (resolution 3038(XXVII)).

The Assembly decided that the date for the Day should coincide with United Nations Day, 24 October, which was also the date of the adoption, in 1970, of the International Development Strategy for the Second United Nations Development Decade.

3. Asia Clean Energy Summit 2024 :

The Asia Clean Energy Summit (ACES), a cornerstone event of the annual Singapore International Energy Week (SIEW), is held on the 11th edition from October 22-24, 2024, in Singapore. This premier conference and exhibition brings together experts, innovators, and policymakers to advance clean energy solutions in Asia.

OTHER UPDATES:

DEFENCE

1. 4 October 2024 – 63rd ITBP Raising Day : The Indo-Tibetan Border Police (ITBP) has celebrated its Raising Day on October 24 every year. The ITBP Raising Day commemorates the founding of this elite paramilitary force, which was raised in the aftermath of the 1962 Sino- Indian War. The force is entrusted with the security of the India-China border in the Himalayas and plays a critical role in safeguarding the nation’s sovereignty. The Indo-Tibetan Border Police (ITBP) was formally raised on October 24, 1962, as a direct response to the Sino-Indian War that highlighted the vulnerabilities in India’s border security.

2. Chanakya Defence Dialogue 2024 Culminates at New Delhi :

The Chanakya Defence Dialogue 2024 concluded on October 25th at the Manekshaw Centre in Delhi, marking the second edition of this significant international seminar hosted by the Indian Army. The event brought together a diverse group of stakeholders, including policymakers, strategic thinkers, academics, veterans, and defense personnel from various countries, all focused on analyzing India’s strategic directions and developmental priorities

 

SPORTS

1. Sharapova, Bryan brothers elected into Tennis Hall of Fame :

Five-time singles Grand Slam champion Maria Sharapova, Russia, and American twins Bob and Mike Bryan, who formed the most successful doubles team in history, were named to the International Tennis Hall of Fame’s Class of 2025. Sharapova, one of only 10 women to achieve a career Grand Slam in singles, became the first Russian woman to reach the world number one ranking in 2005. She also won a silver medal at the 2012 London Olympics.

The Bryans won 16 Grand Slam men’s doubles titles together and were the world’s top-ranked team for a record 438 weeks.

BANKING AND FINANCE

1. Amitabh Chaudhry appoints as MD & CEO of Axis Bank : Axis Bank has reappointed Amitabh Chaudhry as the Managing Director and Chief Executive Officer of the bank for the next three years. Chaudhry’s extended term will commence in January 2025 and conclude on December 31, 2027. Chaudhry, who joined Axis Bank in 2019 after a nine-year tenure with HDFC Life, has played a pivotal role in the bank’s growth.