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Tuesday, October 8, 2024

Daily GK Update- 8th Oct, 2024

 NATIONAL UPDATES:

 

1. PM Modi inaugurated GAIL’s first CBG Plant in Jharkhand: Prime Minister Narendra Modi has inaugurated GAIL’s first CBG Plant in Jharkhand, through a virtual ceremony. The plant is built in an area of 7.86 acres at Ranchi Jharkhand, Jhir Dumping Site Mouza Jhiri.This 12,500 m³ per day capacity plant is designed to process 150 tonnes of Municipal Solid Waste to produce 5,000 kg Bio-CNG and 25 tons of fermented bio manure per day.The biogas generated in this facility is to be supplied to nearby CNG stations which can fuel over 600 vehicles per day in the region, contributing to the Atmanirbhar Bharat initiative and promoting the use of clean and green fuel.

In March 2021, GAIL and Ranchi Municipal Corporation signed a Concession Agreement (CA) in the presence of Chief Minister of Jharkhand Hemant Soren to set up this plant.

 

2. BHP signed MoU with SAIL to accelerate potential pathways to steel decarbonisation: The Steel Authority of India Limited (SAIL) has signed an MoU with the leading global resources company, BHP to support steelmaking decarbonisation.This collaboration is an important step for SAIL and BHP in promoting lower carbon steelmaking technology pathways for the blast furnace route in India.Under this MoU, the parties are already exploring several workstreams supporting the potential decarbonisation at SAIL’s integrated steel plants which operate Blast Furnaces (BF), with an initial study to assess various strategies to reduce greenhouse gas emissions (GHG).Chairman of SAIL – Amarendu Prakash

 

3. Assam Launches Nijut Moina Scheme: The Assam government has started an important program called the ‘Nijut Moina’ scheme to fight against child marriage. This initiative aims to encourage girls to continue their education, especially since child marriage has been a serious problem in the state. Previous government efforts have shown positive results, with a significant 81% decrease in child marriage cases in 20 districts of Assam between the years 2021-22 and 2023-24. This new initiative is seen as an important step towards achieving long-term social change and improving the health outcomes for mothers and infants.

 

4. Low-AGE Diets Show Promise Against Diabetes in India: Recent research from the International Journal of Food Sciences and Nutrition has found a connection between diets high in advanced glycation end products (AGEs) and the rise of diabetes in India. India has the highest number of diabetes cases in the world, earning it the title of the “world’s diabetic capital.” AGEs are harmful compounds that form when sugars react with fats or proteins during cooking at high temperatures, such as frying or roasting. These compounds contribute to inflammation, which is a major factor in the development of diabetes.

 

 

 

 

INTERNATIONAL UPDATES:

 

1. Nepal, India, Bangladesh sign pact to facilitate cross-border electricity trade: India, Nepal, and Bangladesh have signed a trilateral agreement to export 40 megawatts of electricity from Nepal to Bangladesh via India’s power grid.As per the agreement, Bangladesh will now import 40 megawatts of electricity from Nepal. The Indian side has also been involved in the trade deal, as Nepal’s electricity will be transmitted to Bangladesh through the transmission infrastructure on the Indian territory.For now, Nepal will transmit the energy to India through the 400 KV Dhalkebar-Muzaffarpur cross-border transmission line before India transmits the equivalent to Bangladesh.The rate per unit of electricity has been fixed at 6.4 cents. From the export of electricity, Nepal will make an annual income of around $ 9.2 million.

 

2. Prakash Man Singh Raut appointed as new Chief Justice of Nepal: Nepal’s President Ramchandra Paudel appointed Prakash Man Singh Raut as the new Chief Justice of the country.

Paudel administered the oath of office and secrecy to Chief Justice Raut at a special ceremony organised at Sheetal Niwas, the President’s Office.His appointment comes after the retirement of outgoing Chief Justice Bishowambhar Prasad Shrestha, who reached the mandatory retirement age of 65.

 

3. 8 October – World Smile Day: The world celebrates World Smile Day 2024 every year on the first Friday of October month, and this year the festival will be celebrated on October 4, 2024.This is a special day to set a positive tone for both yourself and those around you.Theme 2024 – Do an act of kindnessThe World Smile Day spreads smiles, and fosters connections, positivity, and a wave of happiness. It inspires individuals, organisations, and communities to perform good deeds and celebrate the transformative power of a simple smile.

 

4. Sanjeev Kumar Singla Appointed India’s Ambassador to France: Sanjeev Kumar Singla has been appointed as India’s new Ambassador to France, taking over from his previous role as Ambassador to Israel. This change comes during a sensitive time due to the ongoing Israel-Palestine crisis. His new position reflects India’s careful diplomatic strategies in the Middle East during this critical period. While in Israel, Singla worked hard to keep India’s foreign policy balanced, even when there were crises. He helped address the needs of around 18,000 Indian professionals and students living in Israel. Additionally, he engaged with the 85,000 Jews of Indian origin who reside in Israel, strengthening ties between the communities.

 

OTHER UPDATES:

DEFENCE

 

1. DRDO successfully test the 4th Gen VSHORADS Air defence system: Defence Research and Development Organisation (DRDO) has successfully conducted three flight tests of the 4th Generation Very Short Range Air Defence System (VSHORADS) at the Pokhran Field Firing Ranges in Rajasthan.The tests, conducted in the last two days were carried out against a high-speed target, demonstrating very critical parameters of maximum range and maximum altitude interception.The VSHORADS has been designed and developed indigenously by Research Centre Imarat (RCI), Hyderabad, in collaboration with other DRDO laboratories and private companies.

 

2. Visakhapatnam to host Malabar 2024 from October 8: India will host the joint naval exercise of QUAD nations from October 8 to 18 in Visakhapatnam.Hosted by India, this year’s exercise will see the participation of Australia, Japan, and the United States of America.The exercise, named Malabar 2024, includes sea and harbor phases focusing on cooperation in the Indo-Pacific region. It features various Indian naval platforms, such as guided missile destroyers, submarines, and fighter aircraft.The Malabar exercise started in 1992 as a US-India drill and evolved into a multilateral event to enhance interoperability and address maritime challenges.International Naval Exercise Malabar 2024 is scheduled to take place from October 8 to 18, beginning with the Harbour Phase in Visakhapatnam, followed by the Sea Phase.Hosted by India, this year’s exercise will see the participation of Australia, Japan, and the United States of America.

 

3. 8 October – Indian Air Force Day: Indian Air Force Day is observed every year on 8 October.This day is dedicated to honouring the servicemen and pilots who have sacrificed their lives for the nation and commemorating the establishment of the Indian Air Force (IAF).This year marks the 92nd anniversary of the IAF.Theme 2024 – Bharatiya Vayusena: Saksham, Sashakt aur Aatmnirbhar’ (Potent, Powerful, and Self-Reliant)The Indian Air Force, also known as Bharatiya Vayu Sena’ was established in the country on October 8, 1932, by the British Empire.The first operational squadron came into being on April 1, 1933, with six RAF-trained officers and 19 Havai Sepoys (air soldiers). The aircraft inventory consisted of four Westland Wapiti IIA army co-operation biplanes at Drigh Road as the “A” Flight nucleus of the planned No.1 (Army Co-operation) Squadron.In January 1950, India became a Republic within the British Commonwealth and the Indian Air Force dropped its “Royal” prefix.

 

SPORTS 

 

1. Mumbai win Irani Cup for first time in 27 years: Mumbai has won the 2024-25 season Irani Cup under its first-innings lead over the Rest of India.Mumbai won the trophy after 27 years, having won it in the 1997/98 season. This was the 16th Irani Cup title for the current Ranji Champion, Mumbai.The Irani Cup is a first-class domestic cricket tournament held at the Bharat Ratna Atal Bihari Vajpayee Eakana Stadium in Lucknow.This year, the 2023-24 season Ranji Champion Mumbai, led by Ajinkye Rahane, faced the Rest of India, led by Ruturaj Gaikwad. Sarfraz Khan (Mumbai) was declared the Player of the match for his unbeaten knock of 222.

 

 

 

 

BANKING AND FINANCE

 

1. SEBI gives in-principle nod to Jio Fin-BlackRock for mutual fund entry: Jio Financial Services’ joint venture with BlackRock to enter the mutual fund (MF) space in India has received the nod from the Securities and Exchange Board of India (SEBI).Jio’s entry into the MF space is expected to intensify competition in the industry, which currently has over Rs 66 trillion in assets under management.The firms inked a tie-up for the MF business in July 2023 and applied for a licence with the Indian regulator, the Securities and Exchange Board of India (Sebi), in October 2023.Headquartered of BlackRock – New York ·

 

AWARDS AND HONOURS

 

1. National Anubhav Awards Scheme 2025: In March 2015, the Prime Minister of India, Shri Narendra Modi, introduced the ‘Anubhav’ platform through the Department of Pension & Pensioners’ Welfare. This is an online platform where retiring and retired government employees can share their work experiences with the government. To motivate more people to participate, an Annual Awards Scheme was launched in 2015. This program encourages eligible employees to submit their stories, and those who make outstanding contributions receive awards. So far, 10,886 write-ups have been shared, resulting in 59 Anubhav Awards and 19 Jury Certificates being given to participants.

 

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