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General Awareness

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Daily G.K. - Top Stories

12 Mar 2021

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

Ivory Coast's PM Dies in Germany

  • The Prime Minister of the Ivory Coast, Hamed Bakayoko, died in a hospital in Germany.
  • Bakayoko, who was receiving treatment for cancer, passed away just days after his 56th birthday.
  • He was appointed Prime Minister in July 2020, following the sudden death of his predecessor Amadou Gon Coulibaly.
  • President Alassane Ouattara described Mr. Bakayoko as a great statesman, an example to young people and a man of exemplary loyalty.
  • Mr. Bakayoko was flown to France in February for medical tests and was later transferred to Germany due to his deteriorating health.
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BUSINESS AND ECONOMY

RBI to Conduct Simultaneous Purchase and Sale of Government Securities

  • The Reserve Bank will conduct simultaneous purchase and sale of government securities for Rs. 10,000 crore each under Open Market Operations (OMOs) on March 18, 2020.
  • The decision was taken after a review of the current liquidity and financial conditions.
  • The Reserve Bank will continue to monitor evolving liquidity and market conditions and take measures as appropriate to ensure orderly functioning of financial markets.
  • Simultaneous purchase and sale of government securities under OMOs, popularly known as Operation Twist, involves purchasing G-Sec of longer maturities and selling equal amount of G-Sec of shorter maturities.
  • On March 18, the RBI will purchase three government securities of different maturity dates aggregating to Rs 10,000 crore and sell two gilts of the same amount using the multiple price auction method.

China Approves $1.5 billion Currency Swap with Sri Lanka

  • China has approved a 10 billion yuan ($1.54 billion) currency swap with Sri Lanka, giving some respite from concerns about public finances.
  • The deal will allow the island to weather present difficulties.
  • Dwindling foreign reserves, a tumbling currency and rising debt levels have dogged Sri Lanka over the last year, leading to increasing fears of a default.
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SCIENCE & TECHNOLOGY

India's Largest Floating Solar Power Plant to be Commissioned by NTPC

  • According to NTPC southern region executive director CV Anand, India's largest floating solar power plant of 100 MW capacity, belonging to the National Thermal Power Corporation, is expected to be commissioned at Ramagundam in May this year.
  • The floating solar photo-voltaic project would be spread over 450 acres on the water surface of Sri Ram Sagar Project reservoir. This will be the largest floating solar plant in the country in a single location as of now. The total cost of the project would be Rs. 423 crore, including GST.
  • The NTPC southern region has taken setting up of solar power plants of the total capacity of 450 MW. Of this, 217 MW plants would be floating on water bodies. Apart from the 100 MW plant at Ramagundam, the corporation is setting up 92 MW floating unit at Kayamkulam gas plant in Kerala and a 25 MW unit at Simhadri power plant in Visakhapatnam. 

Turkey's Salda Laked Called Mars on Earth

  • The scientists are looking for the signs of ancient life on the Red Planet with the help of data gathered by the NASA's rover Perseverance which is exploring the surface of Mars. Scientists find that the data collected on the mission is much closer to home at the Salda Lake located in southwest Turkey.
  • The American space agency, NASA, stated that the minerals and rock deposits at Salda Lake are the nearest match on earth with the deposits on the Jezero Crater where the spacecraft landed. The Jezero Crater is believed to be once flooded with water. The Information which was gathered from Lake Salda would help the scientists to search for the fossilised traces of microbial life which is preserved in the sediment which were deposited around the delta and the long-vanished lake. Scientists are of the view that, these sediments around the lake were eroded from large mounds which are formed with the help of microbes and are called as microbialites.
  • Salda Lake is a mid-size crater lake which is located in southwestern Turkey. It lies within the boundaries of Yeşilova district in Burdur Province. The lake is located at the distance of about fifty kilometres in the west from Burdur. The lake is included in Turkish Lakes Region which is extended across the inner western to southern Anatolia.  It has the area of 4,370 hectares and a depth of 196 metres.
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SPORTS

Vivo Back as IPL Title Sponsor

  • Chinese smartphone company Vivo is back as the title sponsor of the Indian Premium League cricket tournament, almost a year after the sponsorship deal with the BCCI was suspended.
  • Vivo's sponsorship deal with the BCCI, worth Rs. 440 crore per year, was suspended last season due to the India-China border stand off. Vivo had won the IPL title sponsorship rights for five years from 2018 to 2022 for a reported sum of Rs. 2,190 crore. It will now be the title sponsor till 2023.
  • Dream11 had been the IPL title sponsors for the 2020 edition, winning the rights for Rs. 222 crore.
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NATIONAL AFFAIRS

Gadkari Inaugurates Technology Centres in Andhra

  • Minister of Micro, Small and Medium Enterprises (MSME) Nitin Gadkari inaugurated two technology centres at Visakhapatnam in Andhra Pradesh and Bhopal in Madhya Pradesh.
  • He also inaugurated three extension centres of big technological centres and seven mobile Udyam Express.
  • The mobile Udyam Express, vans will go to the villages and make people aware about all aspects of entrepreneurship along with imparting training to them.
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DEFENCE

France Conducts First Military Drills in Space

  • France has begun its first military exercises in space to test its ability to defend its satellites, in a sign of the growing competition between world powers in Earth's orbit.
  • Michel Friedling, the head of France's newly created Space Command, called the exercises a "stress test of our systems" and said that they were a first for the French army and even a first in Europe.
  • Codenamed "AsterX" in a nod to the first French satellite Asterix from 1965, the drills will simulate the monitoring of a potentially dangerous space object, as well as a threat to a satellite.
  • The new US Space Force and German space agencies are taking part in the French exercises.
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PERSONS IN NEWS

New CEO Pierre Bruno to Lead Wipro's Business in Six Regions across Europe

  • Information Technology major Wipro announced the appointment of Pierre Bruno as chief executive officer for its Europe operations.
  • The company expects Bruno to lead Wipro's business in six distinct regions across Europe and claims that it is a bold indication of the firm's continued investment and focus on the European market, building on its momentum across the region in recent years.
  • Pierre brings 25 years of experience in the IT Infrastructure consulting and services sector. 
  • He joins Wipro from DXC Technology where he was Vice President and Managing Director of Southern Europe.
  • Wipro's European presence extends to six regions, comprising UK & Ireland, Germany, Switzerland, Nordics, Benelux and Southern Europe, as well as three near-shore delivery locations and includes an array of marquee clients across industries, many of whom the company is helping to transform at scale.

Anurag Thakur Promoted as Captain in Territorial Army

  • Union Minister Anurag Thakur became the first serving MP to be appointed as Captain in the Territorial Army.
  • The four-time BJP MP from Himachal Pradesh's Hamirpur was commissioned into the Territorial Army as a Lieutenant by the then Chief of Army Staff (COAS) General Dalbir S Suhag TA in July 2016.
  • Thakur was promoted as Captain in the 124 Sikh regiment.
  • Thakur joined the Army after clearing the SSB exam and a personal interview conducted in Chandigarh.
  • The Territorial Army that is the second line of defence in the hierarchy, comprises volunteers who are imparted military training for about a month in a year.

Thomas Bach Re-elected as International Olympic Committee President

  • International Olympic Committee (IOC) President Thomas Bach was re-elected for an additional four-year term.
  • The German lawyer was unopposed and won the vote 93-1, with four members abstaining, following an opening eight-year mandate dominated by the Russian doping scandal and the first Olympics to be postponed in peacetime.
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GOVERNMENT POLICIES AND SCHEMES

Parliament Passes Arbitration Amendment Bill

  • Parliament approved a Bill to amend the arbitration law that would ensure all stakeholders get a chance to seek an unconditional stay on enforcement of arbitral awards where an agreement is induced by fraud or corruption.
  • The Arbitration and Conciliation (Amendment) Bill, 2021, was passed by voice vote in the Rajya Sabha. The Bill was passed in the Lok Sabha in February.
  • It will replace an Ordinance issued on November 4, 2020.
  • Section 36 of the Act provides that the arbitration award would be set aside if it is against the public policy. The contracts or agreements induced with corruptions and frauds would be considered 'against public policy.

Labour Minister Launches Convergence of ESI Scheme with Ayushman Bharat PM-JAY

  • Union Minister for Labour and Employment Santosh Gangwar launched the convergence of the ESI Scheme with Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (Ayushman Bharat PMJAY).
  • According to State Insurance Corporation (ESIC), the move will help 1.35 crore insured workers and their dependent family members to get cashless medical care services in the Ayushman Bharat PM-JAY-empanelled hospitals without any referral, the Employees.
  • As part of the convergence, the beneficiaries of PM-JAY will also be able to avail cashless treatment at 15 underutilized ESIC hospitals and medical colleges in Bihar, Gujarat, Karnataka, Maharashtra, Rajasthan and Uttar Pradesh.
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GENDER/ HEALTH/ EDUCATION

DBS Bank India Joins Hands with TRRAIN

  • In line with its commitment towards creating and preserving livelihoods, DBS Bank India announced its partnership with TRRAIN (Trust for Retailers & Retail Associates of India), a non-profit engaged in training and placement of youth in e-commerce & retail sectors.
  • The partnership will support youth from low-income households by providing them with long-term employment opportunities.
  • Through the partnership, DBS will facilitate the skills training and employment of individuals affected by the pandemic and persons with disabilities through a one-year-long pan-India programme, a combination of classroom and online training sessions. The training will be conducted at TRRAIN centres across major cities such as Mumbai, Chennai, Delhi-NCR region, Bengaluru, Kolkata, Ahmedabad, among others.

Canada Appoints First Woman to Number Two Military Post

  • Prime Minister Justin Trudeau saluted the first appointment of a woman to Canada's second-highest military post, which came amid a shakeup of the top ranks over allegations of sexual misconduct.
  • Lieutenant-General Frances Allen has been named vice chief of the defence staff.

IGNOU Launches MA in Folklore and Culture Studies through ODL Mode

  • The Indira Gandhi National Open University (IGNOU) launched a post graduate (MA) programme in folklore and culture studies. The course is being offered by School of Inter-Disciplinary and Trans-Disciplinary Studies at IGNOU through open distance learning (ODL) mode.
  • According to IGNOU, the programme aims to find out the relation between folk culture and context through various frameworks borrowed from disciplines such as literature, history, sociology, anthropology, folklore studies and emerging disciplines such as culture studies.
  • The course will focus on time, geography, space and literature of the folklore and culture of the world in general, and of the country in particular. The programme coordinator is professor Nandini Sahu.
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BOOKS AND AUTHORS

PM Modi to Launch Kindle Version of Swami Chidbhavananda's Bhagavad Gita

  • Prime Minister Narendra Modi launched the Kindle version of Swami Chidbhavananda's 'Bhagavad Gita' via video conferencing.
  • The event was organised to commemorate the sale of over 5 lakh copies of the Swami Chidbhavanandaji's Bhagavad Gita.
  • Swami Chidbhavanandaji is the founder of Sri Ramakrishna Tapovanam Ashram at Thirupparaithurai, Tiruchirapalli, Tamil Nadu. Swamiji has authored 186 books and all genres of literary composition. His scholarly work on the Gita is one of the most extensive books on the subject. A Tamil version of the Gita with his commentaries was published in 1951, followed by the English in 1965. Its translations into Telugu, Oriya, German and Japanese were undertaken by devotees.
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