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Daily G.K. - Top Stories

25 Aug 2019

INTERNATIONAL AFFAIRS

PM Modi Released Postage Stamps On Mahatma Gandhi To Commemorate His 150th Birth Anniversary

  •  Prime Minister of India, Narendra Modi in presence of the Crown Prince of Abu Dhabi and Deputy Supreme Commander of UAE Armed forces, Sheikh Mohamed Bin Zayed Al Nahyan  released postage stamps on Mahatma Gandhi to commemorate his 150th Birth Anniversary in UAE. 
  • The stamps were issued at the Presidential Palace in Abu Dhabi. India and the United Arab Emirates share values of peace, nonviolence & pluralism. 
  • A Zayed-Gandhi digital museum on Peace, Tolerance and Sustainability was mounted  in Abu Dhabi to showcase the shared values and legacy of Baba Zayed and Mahatma Gandhi. 
  • This year India is celebrating the 150th birth anniversary of Mahatma Gandhi whose values of peace, tolerance & sustainability continue to be relevant and guide the world.
  • That the Gandhi stamp gets launched as UAE celebrates the Year of Tolerance has special significance.

India, Bahrain Sign Agreements In Space Technology, Culture Exchange

  •  India and Bahrain  agreed to collaborate in the areas of space technology, solar energy and culture exchange as Prime Minister Narendra Modi held comprehensive talks with his Bahraini counterpart Prince Khalifa Bin Salman Al Khalifa to give a major boost to the entire spectrum of bilateral relations.
  • Modi, the first Indian Prime Minister to visit Bahrain, and Prince Khalifa after the delegation-level talks witnessed the exchange of MoUs in the areas of culture, space, collaboration with International Solar Alliance (ISA). 
  • The Indian Space Research Organisation (ISRO) and Bahrain's National Space Science Agency agreed to collaborate in the area of space technology.
  • The two sides agreed on collaboration of the Kingdom with the International Solar Alliance (ISA).
  • The ISA, launched in 2015 by Prime Minister Modi and then French President Francois Hollande at the UN Climate Change Conference in Paris, is a major global initiative for contributing to the implementation of the Paris Climate Agreement through rapid and massive deployment of solar energy.

World Leaders Gather For G7 Summit In France

  •  World leaders have gathered in France for the G7 summit, a meeting that European Council President Donald Tusk said will be a "difficult test of unity and solidarity" due to deep divisions over a range of issues including trade and climate change. 
  • The annual gathering of the G7 nations, some of the world's key industrial countries, kicked off on in the French coastal town of Biarritz. 
  • Thousands of anti-G7 protesters rallied in the nearby town of Hendaye as the leaders from Britain, Canada, Germany, Italy, Japan and the United States descended on Biarritz. 
  • The three-day summit is taking place against the backdrop of an escalating trade war between the US and China, Britain's impending exit from the European Union, growing tensions between the US and Iran over Tehran's nuclear programme and global concern over fires ravaging the Amazon rainforest in Brazil.
View Month Wise

BUSINESS AND ECONOMY

SCB To Issue Credit Cards For Bandhan Customers

  •  Bandhan Bank is planning to enter the credit card business through a tie-up with Standard Chartered Bank (SCB) India.
  • Zarin Daruwala, SCB India CEO, said this was the first such partnership for the bank under which they will issue credit cards to Bandhan Bank's customers.
  • Chandra Shekhar Ghosh, Bandhan Bank MD and CEO, said three types of co-branded cards would be issued under this partnership. One would be for the mass market, second for the affluent segment and the third for the premium segment.

Acko Signs Pact With ZestMoney To Offer Credit Insurance

  •  Acko General Insurance, announced a partnership with ZestMoney, a consumer lending fintech company. This collaboration will help ZestMoney customers to cover their installment payments during times of crisis. 
  • Acko an InsurTech company offers personalized underwriting, micro insurance products, and automated micro claims process. 
  • ZestMoney offers instant financing to consumers across 1000+ online portals and provides them the option of paying through EMIs even if the consumers don't own a credit card.
  • Acko will offer credit insurance to these consumers and cover them during eventualities like hospitalization or critical illness when they're unable to pay their installments. 

Govt Names Its E-Commerce Portal Bharat Craft

  •  Taking a cue from e-commerce giant Alibaba's success in China, the Ministry of MSME launched its e-commerce portal in the offering, to be known as Bharat Craft and to function on the lines of Alibaba would benefit India's vast MSME sector. 
  • Government is planning to launch Bharat Craft, an e-commerce portal, on the lines of Alibaba, and should soon see turnover on the platform to the tune of Rs 10 lakh crore in the next few years and this would benefit MSMEs in a big way.
  • The programmes like Government e-Marketplace — the procurement portal for all government companies proves that government can do it (MSME portal) but whether they can do even for the private players etc. is something that we need to find out. So the capability is certainly there because of the GeM but this capability has only been proven on the government front.
  • India's e-commerce market is dominated by Walmart-owned Flipkart and Amazon India. Asia's richest man Mukesh Ambani of Reliance Industries has announced his plans to enter the e-commerce industry in a big way through his New Commerce platform.
  • Bharat Craft will have to compete with these three big players to establish itself and achieve the Rs 10 lakh crore turnover target set by the Modi government.
View Month Wise

SCIENCE & TECHNOLOGY

"Gaganyaan" Programme Envisages Two Unmanned And One Manned Flight To Mars

 
  • A human mission to Mars has always been the next big dream for space enthusiasts, with space barons like SpaceX CEO Elon Musk, Blue Origins CEO Jeff Bezos and Virgin Galactics founder Sir Richard Branson along with NASA aiming to send humans to deeper space, and eventually Mars, in years to come. 
  • India, which created history nearly five years back with becoming the first country to enter Mars orbit in its maiden attempt with "Mission Mangal", is also looking to send a manned mission to  send a manned mission to space by 2022. 
  • India also has ambitions to land a probe on Mars, as its lunar mission Chandrayaan-2 gets ready to drop the Vikram lander on Moon on September 7, 2019. 
  • The country's ambitious "Gaganyaan" programme envisages two unmanned and one manned flight to space. 
  • India's human space mission, which is one of the pet projects of the Prime Minister, is estimated to cost around Rs 10,000 crore and the Indian Space Research Organisation's (ISRO) and Human Space Flight Centre (HSFC) is targeting to send an astronaut to space by 2022. 

Lens That Works Like Human Eye

  •  A team of researchers at the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have created a new lens that functions a lot like the human eye.
  • Not only is the instrument capable of focusing in real-time thanks to an elastomer muscle, it features none of the bulk of a traditional spherical lens. It can even do some things the human eye can't, including adjusting for astigmatism and image shift, two variables that lead to blurry vision.
  • The flat lens design this new artificial eye takes advantage of  is called a metalens. It uses tiny nanostructures to focus light. In this way, it's able to focus the entire visible light spectrum at a single point.
  • By contrast, traditional lenses use multiple elements to achieve the same feat, which is why they get so bulky.
  • Prior to this latest breakthrough, the SEAS team says they were only able to manufacture metalenses that were "the size of a piece of glitter." By contrast, their latest invention is larger at approximately one centimeter in diameter Bigger, in this case, is better because it makes it more feasible to use the technology in a host of modern applications. 

NASA Found More Than 40 Pieces Of Debris Created By India's Anti Satellite Test

  •  More than 40 pieces of debris created by India's anti-satellite test, are still moving around in space even as majority of the debris has disintegrated, a survey conducted by NASA has found.
  • A report in Orbital Debris Quarterly News journal, published by the National Aeronautics and Space Administration's (NASA) Orbital Debris Program Office, has found that of the 101 pieces that were big enough to be tracked, 49 continue to be in the orbit.
  • According to the report, it is possible that more pieces created by the test, albeit much smaller in size, are floating in space, but they are not being tracked.
  • On March 27, 2019, India had shot down its Microsat-R satellite with the intention of demonstrating that it can shoot down space-based infrastructure of an enemy country. The test made India only the fourth country to have demonstrated this capability.
View Month Wise

SPORTS

Indian Women Hockey Team Beat Japan To Win Olympic Test

  •  The Indian women hockey team won the Olympic Test event with Navjot Kaur and Lalremsiami leading the side to a 2-1 win over Japan in the final. 
  • Navjot Kaur (11th minute) opened the scoring to put India ahead but the lead was was neutralised within a minute as Minami Shimizu (12') scored for the hosts. 
  • Lalremsiami (33) struck the winning goal for India. India dominated the first 10 minutes and finally managed to find the breakthrough when Forward Navjot kept her nervesunder pressure and produced a fine finish in front of the goal. 
  • However, the next minute saw Japan strike back immediately with a well-crafted field goal which was put into the back of the net by Shimizu to make it 1-1.

BWF World Championships 2019

  •  India's Sai Praneeth lost the men's singles semi-final 13-21, 8-21 to World No. 1 Kento Mmomta of Japan at the Badminton World Federation World Championships 2019 in Basel  but finished with his maiden medal at the world meet.
  • Sai Praneeth, World No. 19, became only the 2nd Indian men's singles player after the legendary Prakash Padukone to win a medal at the World Championships. Praneeth will be heading back to the county with a bronze medal.
  • Sai Praneeth putearly pressure on Kento Momota, the reigning world champion, by adopting an aggressive approach. Momota was seemingly taken aback a little as he had to be more aggressive than usual to counter the threat from Praneeth.
  • World junior bronze medalist from 2010, Praneeth was hitting winners well and was moving swiftly across the court in Basel and he made sure Momota had only a point's advantage at the first mid-game reak of the semi-final. However, Momota ran away with the game, winning 11 of the next 14 points to take it 21-13.
View Month Wise

NATIONAL AFFAIRS

Kiren Rijiju, Bhaichung Bhutia flag-off 'Op-Blue Freedom' dive

  •  Minister of Sports and Youth Affairs Kiren Rijiju and former Indian footballer Bhaichung Bhutia   made the flag-off dive for Delhi-NCT leg for the Op-Blue Freedom at SPM Swimming Pool Complex.
  • 'Op-Blue Freedom' is a nation-wide Adaptive Scuba Diving Programme for people with disabilities and the able-bodied alike. It comes under the parent project -- Special Forces Adventures. Successful leg of 'Op-Blue Freedom' in Chandigarh was conducted in the last week of July in 2019.
  • The skill sets those are being imparted by the team hold immense significance for the youths.
View Month Wise

DEFENCE

Indian Army signed MoU With Tata Realty And Housing

  •  A historic milestone was reached with the signing of an MoU between Indian Army and Tata Realty & Housing.
  • The MoU enables the personnel of Indian Army to immediately take over  dwelling units in 13 'Ready to Move in' projects of Tata Realty pan India spread over 10 cities including Gurugram, Chennai, Bengaluru, Pune among others at a discount ranging from 11% to 27%.
  •  This also heralds a new era for Army Welfare Housing Organization (AWHO), which has always endeavored to provide quality housing for Army personnel who are deployed in remote locations across the country.
  • WHO will now facilitate acquisition of homes from reputed private builders at discounted rather than building them for the soldiers.
View Month Wise

PERSONS IN NEWS

NDTV Interim CEO Suparna Singh Resigns

  •  Media company NDTV, CEO Suparna Singh has resigned from her role with immediate effect. Singh who was the former head of NDTV Convergence was named as its CEO in December 2017.
  • Suparna Singh has informed the company that she will step down from her responsibilities as Interim CEO with immediate effect.
  • The development comes a day after the CBI booked NDTV promoters Prannoy Roy and his wife Radhika Roy, and others in connection with alleged violation of foreign direct investment rules in a 2007-09 investment.
  • The probe agency has also booked the media outlet's former CEO Vikramaditya Chandra under charges of criminal conspiracy, cheating and corruption.
  • It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions.

Akshay Kumar takes 4th spot in Forbes highest paid actors list

  •  National Award-winning actor Akshay Kumar has made it to the fourth position on the Forbes magazine's Worlds Highest-Paid Actors Of 2019 list.
  • According to the list on forbes.com, Akshay has raked in $65 million.
  • Hollywood star Dwayne 'Rock' Johnson tops the Forbes list of the 10 highest-paid actors, collecting $89.4 million between June 1, 2018, and June 1, 2019.
  • Australian actor Chris Hemsworth took the second spot with $76.4 million — one of many actors from Marvel's superhero universe.
  • The Thor star is followed by most of the Avengers stars —— Iron Man Robert Downey Jr. at No. 3, Rocket Bradley Cooper in sixth, Captain America Chris Evans in eighth and Ant Man Paul Rudd at the ninth spot.

Scarlett Johansson tops Forbes highest-paid actresses list

  •  The 34-year-old's income of $56m (£45.7m) lands her below seventh-placed male actor Adam Sandler.
  • She earned $15.5m (£12.6m) more than she did in 2018, thanks largely to the success of Avengers: Endgame.
  • Modern family actor Sofia Vergara is the only other woman to break into the overall top 10.
  • Notably all of the top 10 actresses earned above $20m (£16.3) in 2019, compared with 2018 when only the top two - Johansson and Angelina Jolie made that amount.
  • Johansson is set to reprise her title role in the Avengers spin-off Black Widow in 2020.
View Month Wise

AWARDS AND HONOURS

UAE Honours PM Narendra Modi With Highest Civilian Award

  •  Prime Minister Narendra Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award,  as a mark of appreciation for his efforts to boost bilateral ties between the two nations.
  • The award has earlier been bestowed on several world leaders, including Russian President Vladimir Putin, Queen Elizabeth II and Chinese President Xi Jinping.
  • The award in the name of Sheikh Zayed bin Sultan Al Nahyan, the founding father of the UAE, acquires special significance as it was awarded to Prime Minister Modi in the year of the birth centenary of Sheikh Zayed.
  • UAE confers Order of Zayed', the highest civilian award on Prime Minister with an annual bilateral trade of about USD 60 billion, the UAE is India's third-largest trade partner. It is also the fourth-largest exporter of crude oil for India.
View Month Wise

GOVERNMENT POLICIES AND SCHEMES

NITI Aayog VC Discusses Rice Fortification Pilot Scheme

  •  NITI Aayog Vice-Chairman Rajiv Kumar met Consumer Affairs Minister Ram Vilas Paswan in New Delhi and discussed the Rice Fortification Pilot Scheme.
  •  During the meeting, it was decided that in order to ensure effective tackling the problem of Malnutrition, a road map will be charted out by the Department of Food and Public Distribution for taking the pilot scheme of Rice Fortification all over the country. 
  • All-State Government departments and other stakeholders will be consulted to enhance cooperation by fostering the involvement of State Governments in the economic policy-making process.

MoEF Is To Relax Lease Rent For Wind Power Projects

  •  The Union Environment Ministry has decided to do away with the mandatory charging of lease rent of Rs 30,000 per MW from wind power projects, a move aimed to boost the sector as well as bring it at par with the solar and hydroelectric power projects to attract investments.
  •  Union Environment Minister Prakash Javadekar said the move will boost the investment in wind power projects and will help in providing wind power at cheaper rate.
  • Currently, to establish wind power project over forest land, the existing procedure requires payment of mandatory charges for compensatory afforestation and Net Present value (NPV). In addition to mandatory charges, the wind power companies had to pay additional lease rent of 30,000 per MW.
  • The Government envisages to meet maximum energy requirement by tapping renewal energy resources and, to achieve the target of clean energy in a time bound manner, various policies and regulations are being constantly updated.
  • This additional cost is not mandatory for other renewal energy projects such as solar power and hydel-electric projects. Additional cost for generation of clean energy through wind power, in turn escalate the per unit cost of power at consumer level.
  • The government has set an ambitious target of having 175 GW of clean energy capacity by 2022, including 100 GW solar and 60 GW of wind energy.
  • Promotions of such projects also strengthen government's commitments towards international agreements, and one of the national commitments pledged in Paris in 2015 was to have 40 per cent of the power from renewable resources by 2030.
View Month Wise

ART AND CULTURE

Odisha CM Naveen Patnaik Announces Rs 500 Crore Package To Develop Puri As World Heritage City

  • Chief Minister Naveen Patnaik announced a package of Rs 500 crore for the development of Puri as a World Heritage city. This is the second such big announcement by the Chief Minister for Puri which was battered by the very severe cyclonic storm Fani on May 3, 2019.
  • The package announced by the Chief Minister focuses on a range of modernisation plans which include infrastructure development, multi-lane roads, bridges, multi-level parkings, amenities for pilgrims, revival of Musa river, rehabilitation of those evicted from the security zone and renovation of lakes.
  • The Chief Minister had recently announced various projects worth Rs 265 crore for Puri under the Augmentation of Basic Amenities and Development of Heritage and Architecture (ABADHA) scheme. 
View Month Wise
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