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Daily G.K. - Top Stories

04 Mar 2020

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

China Takes over Presidency of UN Security Council

  • China assumed the Presidency of the United Nations Security Council for March 2020. While taking on the role, China vowed to advance solidarity and cooperation among the members.
  • China's permanent representative to the UN, Zhang Jun said that his country attaches great importance to the work during its presidency and will act responsibly and constructively.
  • Zhang Jun further said that China will make an effort to boost cooperation among all parties to ensure that the UNSC fulfils its crucial role and responsibility to maintain international peace and security.
  • The presidency of the UN Security Council is rotated among its members every month according to the English alphabetical order. Vietnam held the Presidency in January 2020, followed by Belgium in February 2020. After China, the Presidency of the UNSC will go to Dominican Republic in April 2020.

Personnel Cap on Chinese Media Entities in US

  • Trump administration imposed limits on the number of Chinese nationals allowed to work in five Chinese state media entities in the United States.
  • The announcement was made by Secretary of State Mike Pompeo, who said that Washington hopes that the action will spur Beijing to adopt a more fair and reciprocal approach to the US.
  • This comes in the backdrop of China's decision last month to expel three Wall Street Journal reporters over a headline on a coronavirus opinion piece which read: "China Is the Real Sick Man of Asia."

OZ News Agency AAP to Close

  • The national news agency Australian Associated Press (AAP) will close in late June, its 85 years in business vanquished by a decline in subscribers and free distribution of news content on digital platforms. AAP was started in 1935 by newspaper publisher Keith Murdoch, father of News Corp founder Rupert Murdoch. Australian media organisations face mounting financial pressure, with global digital giants Google and Facebook taking a growing chunk of advertising revenue.
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ENVIRONMENT

Gardens and Graveyards of Coral Discovered off Australia's Coast

  • The South Australian coast is surrounded by a labyrinth of underwater canyons, many of them still unexplored. Last week, an international team of researchers (and their underwater robot companion) completed a survey of three such canyons, uncovering a hidden world of both thriving coral gardens and ash-white coral graveyards.
  • According to the expedition members, the fate of these hidden ecosystems, which sit in the immediate path of the increasingly warm water flowing out of Antarctica's Southern Ocean, could be a preview of how farther-flung ocean life will react to ongoing global warming.
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BUSINESS AND ECONOMY

FM Introduces Bill that Aims to Prevent a PMC-like Crisis

  • Finance Minister Nirmala Sitharaman introduced a Bill in the Parliament to amend the banking regulation law to give the Reserve Bank of India (RBI) more power to regulate cooperative lenders and prevent frauds such as the one seen at Punjab and Maharashtra Co-operative (PMC) Bank Ltd.
  • Introducing the Banking Regulation (Amendment) Bill 2020, the Finance Minister said that it is the need of the hour to avoid a PMC Bank-like crisis in the future. Sitharaman said that PMC Bank fraud had put a lot of small depositors in difficulty and there were demands that the government should do something about it.
  • Cooperative banks are currently under the dual control of the Registrar of Cooperative Societies and RBI. While the role of registrar of cooperative societies includes incorporation, registration, management, audit, supersession of board and liquidation, RBI is responsible for regulatory functions such maintaining cash reserve and capital adequacy, among others.
  • The administrative role will continue to be done by the Registrar of Cooperative Societies. The amendments will apply to all urban co-operative banks and multi-state cooperative banks.

FM Introduces Bill that Aims to Prevent a PMC-like Crisis

  • Finance Minister Nirmala Sitharaman introduced a Bill in the Parliament to amend the banking regulation law to give the Reserve Bank of India (RBI) more power to regulate cooperative lenders and prevent frauds such as the one seen at Punjab and Maharashtra Co-operative (PMC) Bank Ltd.
  • Introducing the Banking Regulation (Amendment) Bill 2020, the Finance Minister said that it is the need of the hour to avoid a PMC Bank-like crisis in the future. Sitharaman said that PMC Bank fraud had put a lot of small depositors in difficulty and there were demands that the government should do something about it.
  • Cooperative banks are currently under the dual control of the Registrar of Cooperative Societies and RBI. While the role of registrar of cooperative societies includes incorporation, registration, management, audit, supersession of board and liquidation, RBI is responsible for regulatory functions such maintaining cash reserve and capital adequacy, among others.
  • The administrative role will continue to be done by the Registrar of Cooperative Societies. The amendments will apply to all urban co-operative banks and multi-state cooperative banks.

Government Appoints Ajay Bhushan Pandey as New Finance Secretary

  • Revenue Secretary Ajay Bhushan Pandey was appointed the finance secretary. He will replace Rajiv Kumar.
  • An IAS officer of Maharashtra cadre with over 35 years of experience in state and Central governments, Pandey is taking over as the finance secretary at a time when the economic growth has been on a downward trajectory, hitting nearly seven-year low of 4.7 per cent in the quarter ended December 31.
  • He assumed the charge as revenue secretary in the finance ministry on December 1, 2018. Since then he has been at the helm of significant taxation reforms, using technology to avoid any aggressiveness by taxmen.
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SPORTS

FIH World Rankings 2020

  • Fédération Internationale de Hockey or International Hockey Federation (FIH) World Rankings 2020, ranked Indian Hockey men's team 4th with 2064.14 points for the 1st time and Women's team is ranked 9th with 1543 points. The men's list is topped by Belgium for the first time with 2481.34 & women's list is topped by the Netherlands with 2626.03 points.
  • Indian Men's team's excellent performance in the 1st 3 rounds of the 2nd edition of FIH Hockey Pro League paved the way for them to move from 5th spot to 4th spot. This is the highest ranking position since the formation of FIH rankings in 2003.
  • Indian Men's team rise comes from the drop of Olympics champions Argentina to 5th place.

Japan May Postpone Tokyo Olympics

  • Japan's Olympics minister Seiko Hashimoto acknowledged in the country's Parliament that Tokyo's contract with the International Olympic Committee (IOC) would allow for a postponement of the Olympic Games until the end of the year following the threat of coronavirus which has killed over 3,100 people and has spread to 75 countries.
  • The IOC also kicked off a crucial executive board meeting to discuss the threat of the coronavirus to this summer's Tokyo Olympics, with president Thomas Bach pledging success.
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NATIONAL AFFAIRS

U.N. Rights Body to Move Supreme Court on CAA

  • In an unprecedented and rare move, the Geneva-based Office of the High Commissioner for Human Rights (OHCHR) announced that it plans to file an application in the Indian Supreme Court, asking to be impleaded in the petitions challenging the Citizenship (Amendment) Act (CAA).
  • And the Ministry of External Affairs (MEA) said that the United Nations body had no right to file a petition that will ask the court to appoint the Commissioner for Human Rights as an assistant or 'amicus curiae' in the case.
  • The OHCHR plan has been criticised by diplomatic and legal experts here, including one of the 22 petitioners in the case, as an "overreach" by it.
  • The High Commissioner (Michelle Bachelet) intends to submit an 'amicus curiae' brief shortly on the Citizenship Amendment Act (CAA) in the Indian Supreme Court, in accordance with the Court's established procedures, and she has informed the Indian Permanent Mission in Geneva of her intention," Rupert Colville, OHCHR spokesperson based in Geneva, confirmed.
  • The amicus curiae will focus on providing an overview of relevant and applicable international human rights standards and norms to support the Court's deliberations in the context of its review of the CAA.

Jharkhand Announces Financial Assistance to Jobless Youth

  • The Jharkhand government presented the Rs. 85,000 crore budget for the financial year 2020-21.
  • Presenting the budget, state Finance Minister Rameshwar Oraon announced Rs. 5000 to Rs. 7000 per annum assistance to unemployed graduate and post-graduate youth.
  • Oraon also proposed subsidised lungi dhoti and sari to 57 lakh poor families of the state.
  • The state government also introduced the plan to provide 100 units free electricity and 100 'mohalla clinics' across the state.
  • Moreover, one meal at the price of Rs. 5 will be given to poor people under the Mukhyamantri Dal Bhat Yojna (MDBY) to tackle severe poverty in the state.

Government Appoints Sanjay Kumar Panda as Ambassador to Turkey

  • Senior diplomat Sanjay Kumar Panda was appointed as India's Ambassador to Turkey.
  • Panda, a 1991 Indian Foreign Service officer, is presently Consul General, Consulate General of India, San Francisco. He is expected to take up the assignment shortly.
  • Panda's appointment to the post came at a time when India-Turkey relations are under strain.
  • Last month, India had asked Turkey to refrain from commenting on the internal affairs of the country and also cautioned Ankara against encouraging cross-border terrorism.
  • India's reaction came after Turkish President Recep Tayyip Erdogan criticised the country after communal riots in Delhi left at least 42 people dead.
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DEFENCE

India Defers Navy Maritime Exercise in Milan

  • India decided to postpone its biggest maritime exercise, called Milan, in the wake of rising cases of coronavirus infections outside China. The multi-nation naval drills were to be staged off the Vishakhapatnam coast from March 18 to 28.
  • The conduct of Milan 2020 had generated a very enthusiastic response, with navies around the world having expressed their desire to participate; and in deference to this interest, the Indian Navy looks forward to scheduling Milan at a later, convenient date.
  • Around 40 countries were scheduled to take part in the exercise, but China was not invited for the drills. The exercise was traditionally staged off Port Blair, but has been moved to the eastern seaboard as it offers better bandwidth for conducting bigger drills. The latest edition of Milan was being organised in the backdrop of China's growing naval activity in the Indian Ocean region.
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DAYS AND EVENTS

11th National Krishi Vigyan Kendra Conference 2020

  • A 3-day long 11th National Krishi Vigyan Kendra (KVK) Conference -2020 based on the theme 'Empowering Youth for Technology Led Farming' was held in New Delhi. It was inaugurated by Union Minister for Agriculture & Farmers' Welfare, Rural Development & Panchayati Raj, Narendra Singh Tomar.
  • The conference, organized by the Indian Council of Agricultural Research (ICAR),focused on technology-led farming and youth entrepreneurship through agriculture.
  • The conference saw the participation of all the KVKs across India. A number of Krishi Vigyan Kendra publications and different products developed by the KVKs were also launched during the conference.
  • There are a total of 717 KVKs spread across the country, since the creation of the first KVK at Puducherry in 1974.

National Security Day

  • March 4 is celebrated as National Security Day or Rashtriya Suraksha Diwas to appreciate the work of security forces, who play a major role in maintaining the peace and security of the people in India. This day is to show gratitude to all the security forces including policemen, para-military forces, commandos, guards, army officers, and other persons involved in security, who sacrifice their life and sleep so that the people of India could sleep peacefully without fear.
  • National Security Day is widely observed on 4th March because on this day the National Security Council (NSC) of India was established.
  • NSC or National Security Council is a non-profit making, ternate body which has been founded to teach and influence society to adopt appropriate policies, practices, and procedures for preventing and minimising human suffering and economic loss arising from every form of accidents and disasters.
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GOVERNMENT POLICIES AND SCHEMES

Tamil Nadu CM Launches Health System Reform Programme

  • Tamil Nadu Chief Minister K. Palaniswami launched the Rs. 2,857 crore Tamil Nadu Health System Reform Programme (TNHSRP) in Chennai. The health scheme will be implemented with funding support from the World Bank.
  • The five-year programme focusses on three key areas, including improved quality of care, management of non-communicable diseases & injuries, and reduced equity gaps in reproductive and child health.
  • Under the new scheme, quality certification of the government hospitals will also be undertaken, which will help improve the medical service. It will focus on diagnosing non-communicable diseases, like diabetes, cancer, blood pressure, breast cancer, and psychological disorders at an early stage.
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GENDER/ HEALTH/ EDUCATION

Jump in UK Study Visas for Indians

  • The UK Immigration Statistics data showed that over 37,500 Indian students joined UK universities in 2019, a 93% jump in the number of study visas granted by Britain.
  • The data comes months after the UK announced the introduction of post-study work permit of two years for international students called the Graduate Immigration Route (GIR).
  • A total of 37,540 Indian students received a Tier 4 (study) visa in 2019, as against 19,479 in 2018. Data showed Indians also received 57,199 Tier 2 skilled work visas in 2019 clocking 3% growth from the year-ago.
  • This represents the largest number of visas issued to Indian students over the last eight years and continues the strong upward trend in student visa numbers since 2016. Indians are currently the fastest growing nationality for student visas.

Fresh Cases of Coronavirus in India

  • The global outbreak of coronavirus has affected India too, as three fresh cases of coronavirus have been confirmed in the country in the last two days. The first two cases were reported from Telangana and Delhi on Monday (March 2) while the third case was reported from Jaipur on Tuesday (March 3).
  • Among the affected patents two had a travel history of Italy while the patient who was tested positive in Telangana had a travel history of Dubai. All the patients are kept under observation.
  • On Tuesday (March 3, 2020) a private school in Uttar Pradesh's Noida was shut down after it was reported that one of the parents of the student studying in the school tested Covid19 positive. The Uttar Pradesh Health Authorities conducted necessary medical checks at the school and sent the sample of the student for testing.
  • In another incident, six cases of coronavirus were also detected during sample testing in Uttar Pradesh's Agra. The samples of the patients have been sent to NIV, Pune for confirmation.
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TOURISM AND HOTEL INDUSTRY AWARENESS

Tense Times for Tourism and Hospitality Industry

  • The travel and hospitality sector is facing the heat with the deadly Covid-19 spreading not only to Europe and Iran but also to India, with bookings being cancelled or rescheduled at a fast pace.
  • Operators such as Thomas Cook, SOTC, FCM Travel Solutions, Yatra and MakeMyTrip admitted their businesses have been hit. They are offering the option of deferring trips or availing future travel vouchers, refunds and even alternative destinations to Indian travellers who have booked on the China and South-East Asia route.
  • Till now predominantly the Asian continent was impacted with travellers cancelling and rescheduling travel. Now rising reports from Italy, Spain, and Switzerland mean that the popular Europe sector will also be impacted. No authority is coming out and declaring if a particular country is safe to travel to and this is adding to the travel fears.
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