Saturday, 20 January 2018

Daily GK Updates - 18th January, 2018

Daily GK Updates - 18th January, 2018

NATIONAL UPDATES
1. ‘Namaste Shalom’ Magazine to be launched:  A monthly magazine titled ‘Namaste Shalom’ will be launched to mark Israeli Prime Minister Benjamin Netanyahu’s Mumbai visit. The magazine, on bilateral relations between the two friendly nations, will be launched at the Magen David Synagogue at Byculla in south Mumbai. The magazine is planned to carry forward the great initiative of Modi & Netanyahu to strengthen India-Israel relations.

2. GPS, panic buttons mandatory on vehicles from April1The government has made it mandatory to have Global Positioning System (GPS) devices in passenger transport vehicles from April 1. All taxis, buses and public transport vehicles, except three-wheelers and e-rickshaws, will have to install GPS and an alert button. The road transport ministry has reiterated the deadline amid reports that most of the states had not done much to meet the target.

3. Nirmala Sitharaman becomes the first woman defence minister to fly in Sukhoi 30: Defence Minister Nirmala Sitharaman undertook a sortie in IAF s frontline combat jet Sukhoi-30 MKI in the western sector of Rajasthan. She is the first woman defence minister of India to fly a sortie in an IAF Sukhoi-30 MKI fighter aircraft.

4. Odisha CM launches ‘Mukhya Mantri Kalakar Sahayata Yojana’The Chief Minister of Odisha, Naveen Patnaik has launched the Mukhya Mantri Kalakar Sahayata Yojana (MMKSY) for the welfare of the artists in Odisha. Under MMKSY Scheme, artists across the state will get a monthly assistance of Rs. 1200. Around 50,000 artists across Odisha will be benefited from this scheme. In new eligibility criteria, a male artist can avail assistance under the scheme after attaining the age of 50 years (earlier 60 years), the female artist has been reduced to 40 years (earlier 50 years).

5. Sangeet Natak Akademi Awards presented: President Kovind presented the Sangeet Natak Akademi Fellowships & Awards for 2016 to an eminent group of musicians, dancers & theatre artists. 4 eminent artists & scholars were conferred fellowships of Akademi, namely Arvind Parikh, R Vedavalli, Ram Bajaj & Sunil Kothari.
Sangeet Natak Akademi Fellowships & awards are national honours bestowed by the govt in the field of performing arts.

INTERNATIONAL UPDATES
1. Britain appoints Minister for Loneliness: United Kingdom Prime Minister Theresa May has appointed a “minister for loneliness” in a bid to tackle social isolation. This comes after a report revealed that nine million people in the country suffered from loneliness. Tracey Crouch, whose official title is Minister for Sport and Civil Society, will take on the additional role, created in memory of Labour MP Jo Cox.

2. Koreas to march under single united flag: North & South Korea have agreed to march together under a single “unified Korea” flag at next month’s Winter Olympics in South Korea. The 2 countries have marched under the flag before, in rare shows of unity, first at the 1991 World Table Tennis Championships, and at a number of sporting events since. The nations have also agreed to form a joint North & South Korean women’s ice hockey team.

3. BBIN pact - Vehicle movement finalized: Bangladesh, India, and Nepal agreed upon operating procedures for trans-border movement of passenger vehicles under Bangladesh-Bhutan-India-Nepal (BBIN) motor vehicles agreement. The BBIN motor vehicles agreement (MVA) was signed by the transport ministers of the BBIN countries in Thimphu, Bhutan. The objective of the agreement to facilitate seamless flow of passenger and cargo traffic in the sub-region.


OTHER UPDATES
DEFENCE:
1. India test-fires ICBM Agni-V: India has test-fired its Agni-V intercontinental ballistic missile in its final operational configuration from Abdul Kalam Island off the Odisha coast. Nuclear-capable Agni-V missile can reach northern-most parts of China with its strike range of over 5,000-km Once Agni-V is inducted, India will join the super-exclusive club of countries with ICBMs alongside US, Russia, China, France & UK.

2. India, Japan hold joint naval exercise: Ships & aircraft of Indian Coast Guard & its Japanese counterpart conducted a joint naval drill in Chennai. As many as 9 ships & 8 aircraft of Indian Coast Guard along with Japanese Coast Guard Ship ‘Tsugaru’ with helo participated in the biennial Search & Rescue Exercise 2018. Observers from 17 countries and members of National Maritime Search & Rescue Board also witnessed the drill.

3. India & US to conduct joint military exercise ‘Vajra Prahar’: The Indo-US joint military exercise ‘Vajra Prahar’ will be held at Joint Base Lewis-McChord (JBLM) in Seattle, USA. A 45-member Special Forces team from Indian Army’s Southern Command will train alongside US soldiers in the third week of January. ‘Vajra Prahar’ is an Indo-US Special Forces joint training exercise, which is conducted alternately in India and the US. The last edition of the exercise was held in Jodhpur in March 2017.

SCIENCE/ TECHNOLOGY:
1. JAXA launches new observation satellite ASNARO-2: Japan’s Aerospace Exploration Agency (JAXA) has successfully launched a new Earth observation satellite, equipped with X-band radar. ASNARO-2, developed by Japanese tech firm NEC, will perform Earth-observation tasks for five years from its orbit at an altitude of about 500 km. This was the first launch of a JAXA Epsilon rocket ordered by a private company.

SPORTS:
1. Kohli named ICC Cricketer of the Year: Indian Cricket Captain Virat Kohli has been named as International Cricket Council Cricketer of the Year 2017. He was also named the ICC ODI Player of the Year & recipient of Sir Garfield Sobers Trophy. Kohli had an outstanding year in the 50-over format where he scored 6 centuries at an astonishing average of 76.84. He has also been named the captain of Men’s ODI & Test Teams of the Year.

BUSINESS/ ECONOMY:
1. HDFC becomes the first Indian bank to cross Rs. 5 trillion m-cap: India’s most-valued bank HDFC Bank has crossed Rs5 trillion market capitalisation for the first time, making it the 1st Indian bank to achieve this milestone. TCS & RIL are the other two companies which have crossed market capitalisation of Rs5 trillion. HDFC Bank’s steady 20% profit growth quarter-after-quarter, as well as its immunity to bad loans crises, has helped it achieve this feat.

2. Government to set up $350 million fund for solar projects: Central govt will set up a $350 million fund to finance solar projects. It is a part of India’s efforts to achieve its ambitious target of adding 175 GW in renewable energy by 2022. India, which receives twice as much sunshine as European nations, expects renewable energy to make up 40% of installed power capacity by 2030. India’s installed renewable power capacity is currently about 60 GW.

3. iCreate centre to support innovation inaugurated: PM Modi and his Israeli counterpart Benjamin Netanyahu inaugurated the iCreate centre in Ahmedabad’s Deo Dholera Village. iCreate paves way for the two nations to jointly script new stories of success through innovation, which the two leaders have been strongly advocating. iCreate centre aims to provide technology & assistance to innovative & imaginative minds in their entrepreneurial journey.

4. Grab acquires payments start-up iKaaz: Grab, Uber’s biggest competitor in Southeast Asian markets has acquired Bengaluru-based software start-up iKaaz.
iKaaz’ technology spans across areas like NFC, QR-code, audio-based payments as well as bill payments, online payments & peer-to-peer.

BANKING/ FINANCE:
1. SBI to raise Rs 20,000 crores: The board of State Bank of India has given nod to raise Rs 20,000 crore for financing affordable housing and infrastructure projects through long-term bonds. Affordable housing segment has gained momentum after the government provided infrastructure status to it in the last year’s budget. Govt. is also providing interest subsidy to buyers on low-cost homes under Pradhan Mantri Awas Yojana.

2. Yes Bank to mobilise $1 billion by 2023 for solar projects: YES Bank will mobilise $1 billion till 2023 & $5 billion till 2030 towards financing solar energy projects in India. The announcement was made at International Solar Alliance conference organised at World Future Energy Summit 2018 in Abu Dhabi. This comes on the back of $400-million co-finance agreement by the Bank & EIB for construction of new solar power plants & wind farms across India.

Daily GK Updates - 17th January, 2018


Daily GK Updates - 17th January, 2018

NATIONAL UPDATES
1. Kerala, Bangla and Odisha opt out of aspirational scheme: West Bengal, Kerala and Odisha have opted out of the Central Government’s Transformation of Aspirational Districts scheme. Aspirational districts refer to selected 115 backward districts that are lagging on specific development parameters. Central Government has undertaken a major policy initiative for rapid transformation of these districts.

2. Haryana government to set up SAT:  The Haryana government paved the way for setting up of a State Administrative Tribunal. The state Cabinet, under the Chairmanship of CM Manohar Lal Khattar, approved the Haryana State Administrative Tribunal Rules, 2017. The establishment of the SAT will prove advantageous and essential in view of the increasing number of court cases.

3. Haj subsidy scrapped: Thousands of Muslims who go on Haj pilgrimage each year will no longer get subsidised or cheaper air tickets. The big move would help empower Muslims with dignity, said union minister Mukhtar Abbas Naqvi. The subsidy will be used for educating girls. Saudi Arabia has agreed to allow people to go on the Haj by ship, which is cheaper than flying.

4. Adults have right to marry anyone: SC: The Supreme Court said “any adult” has the “right to marry anyone”, and nobody, including parents, khap panchayats or society, can question their choice of spouse. The decision was given by a Bench headed by CJI Dipak Misra. The Bench was hearing a petition filed by NGO Shakthi Vahini, which asked the court to direct the central and state governments to take action to prevent honour crimes.


OTHER UPDATES
DEFENCE:
1. AB Singh takes over as Chief of Staff, WNC: Vice Admiral Ajendra Bahadur Singh took over as Chief of Staff, Western Naval Command from Vice Admiral Ravneet Singh. Vice Admiral AB Singh was the Deputy Commander-in-Chief, Strategic Forces Command prior to his current appointment.

SCIENCE/ TECHNOLOGY:
1. First image taken by Cartosat-2: The first-day image captured by India’s recently launched weather observation Cartosat-2 series satellite shows a part of Indore city in Madhya Pradesh. The image was acquired on January 15, three days after the launch of the satellite. Cartosat-2 Series satellite was successfully launched onboard the PSLV-C40 rocket on January 12 by ISRO from its spaceport at Sriharikota. 

SPORTS:
1. Goldberg to be in WWE Hall of Fame: WWE (World Wrestling Entertainment) announced that Goldberg will be inducted into the WWE Hall of Fame class at a ceremony in 6th April 2018, in New Orleans. Goldberg retired from in-ring competition in 2017. He is the first to be listed in the WWE’s 2018 Hall of Fame class. He is 51 years old.

BUSINESS/ ECONOMY:
1. India attends its first SCO meeting: India, for the first time, took part in a meeting of the international military cooperation departments of the Shanghai Cooperation Organisation since joining the bloc last year. An Indian delegation led by Major General Ajay Seth participated in the meeting.

2. CIPAM Launches Competition for students: Cell for IPR Promotion and Management (CIPAM), under the department of industrial policy and promotion, has launched a competition for college and university students. Its aim is to foster a culture of innovation and creativity in the youth. The competition invites students to submit films on piracy and counterfeiting.

3. Indian Oil signs LoI with Israeli Firms: Indian Oil Corporation has signed letters of intent with Phinergy, an Israeli start-up, & YEDA, a technology spin-off from Israel’s Weizmann Research Institute. The agreement with Phinergy allows IndianOil to work on adoption of advanced energy systems for the domestic market. This association could lead to the setting up of manufacturing units for these energy systems, initially in India.

4. TCS bags over $690 million deal: India’s largest IT services firm TCS has signed an over GBP 500 million deal with M&G Prudential, the UK and European savings and investments business of Prudential plc. TCS will digitally transform M&G Prudential’s business and deliver enhanced service for its UK savings and retirement customers.
The value of this agreement exceeds GBP 500 million over 10 years.

Daily GK Updates - 16th January, 2018

Daily GK Updates - 16th January, 2018

NATIONAL UPDATES
1. Oil refinery work starts in Barmer: Prime Minister inaugurated the commencement of work of an oil refinery at Pachpadra. Dharmendra Pradhan, the minister for Petroleum and Natural Gas, tweeted out saying the Barmer Refinery and Petrochemicals Project of HRRL will bring an unprecedented surge in infrastructure development.

2. Joint estimation of tigers in Sunderbans: The first joint estimation of tigers in the Sunderbans, spread across India and Bangladesh, began on Monday, with a training workshop. Eminent tiger biologist Qamar Qureshi said the Sunderbans houses the fifth largest tiger population in the world. The region hosts 75% of all big cats in the world.

3. Sudhir Dalvi gets Janakavi Sawlaram award: Sudhir Dalvi was presented the Janakavi P Sawlaram award at a function in Thane, Maharashtra. Sudhir Dalvi was handed over the Janakavi P Sawlaram award along with a citation by Meenakshi Shinde, Thane Mayor. The Janakavi P Sawlaram award is instituted by Thane Municipal Corporation in association with the Janakavi P Savlaram Kala Samiti. Dancer Jaishree T was awarded the Ganga Jamuna award. Sudhir Dalvi is best known for his role as ‘Valmiki’ in tv serial ‘Ramayan’.

4. Aadhaar mandatory for bail in Chhattisgarh: Chhattisgarh High Court has issued a directive to all trial courts in the state to mandatorily obtain Aadhaar Cards of accused persons. The order is an attempt to curb the rampant practice of obtaining bail on the basis of forged revenue papers or by impersonating the real surety. High Court has also instructed that trial courts should verify the genuineness of Aadhaar card and revenue papers.

INTERNATIONAL UPDATES
1. Romanian PM Mihai Tudose resigns after losing party supportRomania's Prime Minister Mihai Tudose resigned after losing the backing of his party due to internal power struggles. Mr. Mihai handed in his resignation after senior members of the ruling Social Democrats (PSD) voted to withdraw their support at a leadership meeting. Tudose's resignation will have to be signed off by center-right President Klaus Iohannis.

2. Brazil bans buying cryptocurrencies: Brazil’s securities regulator prohibited local investment funds from buying cryptocurrencies. Brazil regulator bans funds from buying cryptocurrencies. The prohibition has been imposed, citing the reason that Cryptocurrencies cannot be considered financial assets. Owing to this decision, Brazilian funds cannot directly invest in cryptocurrencies such as Bitcoin.

OTHER UPDATES
SCIENCE/ TECHNOLOGY:
1. ‘Elcysma Ziroensis’ discovered in Andhra Pradesh: A new moth species named ‘Elcysma Ziroensis’ has been discovered in the Talle Wildlife Sanctuary in Arunachal Pradesh. This discovery has been published in the Journal of Threatened Taxa. This new species has been scientifically named Elcysma Ziroensis. It would be commonly called Apatani Glory. This has been named after a local tribe called Apatani.

2. NASA discovers “SPT0615-JD”: NASA scientists have spotted the farthest known galaxy in the universe. “SPT0615-JD” galaxy is a cluster of 500 million year-old stars. The image of SPT0615-JD was captured by NASA’s Hubble and Spitzer space telescopes. The images were captured through gravitational lensing. SPT0615-JD was found in Hubble’s Reionization Lensing Cluster Survey and companion S-RELICS Spitzer programme.

SPORTS:
1. Assam wins 8th Sub-junior Hockey Championship: Assam Hockey won the 8th Hockey India Sub Junior Men National Championship 2018 (B Division), at Hojai Hockey stadium, in Assam. Assam Hockey beat Hockey Rajasthan 3-2 in the final and won the 8th Hockey India Sub Junior Men National Championship 2018 (B Division).

2. Rajyavardhan Rathore launches ‘Khelo India’ Anthem: The Sports Minister Rajyavardhan Rathore has launched the official anthem and mascot of Khelo India School Games (from 31st January this year). The anthem aims to focus on brotherhood, equality, and solidarity in sports. Now, an athlete wins a medal at Commonwealth Games, Asian Games and Olympics, the coach gets the incentive.


3. Nation's Cup tournament: Indian boxers claim 11 gold medalsIndian boxers have claimed 11 gold medals and both the team championship trophies in the Nation's Cup tournament for junior and youth women in Sombor, Serbia. The junior team won 13 medals(nine gold, two silvers and two bronze medals)while the youth team clinched four medals(3 gold and one bronze).

Daily GK Updates - 15th January, 2018

Daily GK Updates - 15th January, 2018

NATIONAL UPDATES
1. Indian Army Day celebrated: The nation celebrated the 70th Army Day today. Army Day is celebrated on 15th January every year in India, in recognition of Field Marshal Kodandera M. Cariappa's (then a Lieutenant General) taking over as the first Commander-in-Chief of the Indian Army from General Sir Francis Butcher, the last British Commander-in-Chief of India, on 15th January 1949. The day is celebrated in the form of parades and other military shows in the national capital New Delhi as well as in all headquarters. 

2. India’s International Camel festival starts: The two-day long, 25th International Camel festival kick-started today in Rajasthan’s Bikaner district. Organised by Department of Tourism, Art & Culture, Bikaner Camel Festival is a yearly event, organised in January, which the city celebrates in honour of ship of the desert, Camel. 

3. Rajnath Singh inaugurates Workshop on Disaster Resilient Infra: Home Minister Rajnath Singh inaugurated a two-day International Workshop on Disaster Resilient Infrastructure in New Delhi. The workshop has been organized by National Disaster Management Authority. Good practices in making infrastructure disaster resilient and identifying critical gaps in current practices that need to be addressed in the coming years were the main objectives of the workshop.

4. UIDAI to enable face authentication: UIDAI has decided to enable face authentication in fusion mode on registered devices by 1st July 2018. It will help in inclusive authentication of those who are not able to biometrically authenticate due to their worn out fingerprints, old age or working conditions. It will be allowed only in fusion mode along with one more authentication factor combined with either fingerprint or iris or OTP.

5. First agro options contract in guar seeds launched on NCDEX: Finance Minister Arun Jaitley launched options trading in guar seed on commodity bourse NCDEX. NCDEX Agri-Options in Guar Seed aims to provide farmers better engagement in the commodity markets. NCDEX is the second exchange after MCX to launch options trading in commodities. Guar seed is a major contributor to revenue generation, hence making it a suitable commodity to start with for Options.

INTERNATIONAL UPDATES
1. Iran lifts the ban on internet use: The Iranian government lifted the ban on the usage of internet in Israel, including the Telegram message app. The ban was forced upon by the government as there were huge protests in parts of Israel on account of unemployment and rising prices. The protests were held with the help of social media and hence in order to gain control, the government had to impose the ban on internet.

OTHER UPDATES
DEFENCE:
1. Government to raise 15 new battalions: The government is planning to raise 15 new battalions in the country’s two important border guarding forces – the BSF and the ITBP. It is being done to fortify defence along the strategic frontiers with Pakistan, Bangladesh and China. While the BSF is the country’s largest border guarding force with a strength of about 2.5 lakh, the ITBP is about 90,000-personnel strong.

BUSINESS/ ECONOMY:
1. SEBI approves Vijay Kumar’s appointment as NCDEX MD & CEO: SEBI has approved the appointment of Vijay Kumar as the MD and CEO of NCDEX. Kumar, a former chief business officer at NCDEX, is likely to assume the office next week. He is an agro-industry veteran, having worked for Cargill and National Bulk Handling Corporation.

SPORTS:
1. Anil Khanna appointed as the of the Finance Commission of IOA: Sports administrator Anil Khanna has been named as the Chairman of Finance Commission of Indian Olympic Association. Indian Olympic Association is the body responsible for selecting athletes to represent India at Olympic Games.