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Daily G.K. - Top Stories

23 Mar 2021

DAILY G.K. TEST

Start Test

INTERNATIONAL AFFAIRS

EU and China Impose Tit-for-Tat Sanctions

  • The EU imposed sanctions on four Chinese officials, including a top security director, for human rights abuses in Xinjiang, to which Beijing responded by blacklisting Europeans in a rare escalation of diplomatic tensions. The EU has sought to avoid confrontation with Beijing, but a decision to impose the first significant sanctions since an EU arms embargo in 1989 has inflamed tensions. Accused of mass detentions of Muslim Uighurs in China, those targeted by EU include Chen Mingguo, director, Xinjiang Public Security Bureau.

Yemen Conflict: Saudi Arabia Puts Forward Peace Plan

  • Saudi Arabia has proposed a new peace plan to end nearly six years of war in Yemen.
  • It suggests an UN-supervised ceasefire between Yemen's Saudi-backed government and Houthi rebels, who are supported by Iran.
  • The plan also includes the reopening of vital air and sea links, and the start of political negotiations.
  • Houthi rebels said that the offer did not appear to go far enough to lift the air and sea blockade in place.
  • The proposal was announced in the Saudi capital, Riyadh, by Saudi Foreign Minister Prince Faisal bin Farhan, who called on the Houthis, who control large swathes of Yemen, to accept it.

Vote on Resolution against Sri Lanka at UNHRC Postponed

  • The vote on a critical resolution against Sri Lanka at the UN Human Rights Council (UNHRC) in Geneva has been postponed, as Colombo stepped up efforts to garner international support ahead of the voting which is being seen as an acid test for President Gotabaya Rajapaksa.
  • The vote on the draft resolution titled 'Promotion of Reconciliation Accountability and Human Rights in Sri Lanka' was to be taken on Monday but officials in Geneva said that it has been postponed to Tuesday owing to some scheduling issues.
  • Sri Lanka was defeated at three consecutive resolutions at the UN rights body when Mr. Gotabaya's elder brother and incumbent Prime Minister Mahinda Rajapaksa was the country's president between 2012 and 2014.
  • Sri Lanka has been assured of support from China, Russia and several Muslim countries including Pakistan.
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BUSINESS AND ECONOMY

India Slips to 56th Rank in Global Home Price Index

  • India has slipped 13 spots in the latest global home price index to finish last at 56th rank in the quarter ending December 2020. Against its 43rd rank a year ago, India saw a decline of 3.6% year-on-year (YoY) in home prices, leading to the drop in global position, showed Knight Frank's Global House Price Index. India was the weakest-performing country during the fourth quarter of 2020, with a decline of 3.6% in home prices, followed by Morocco with a drop of 3.3%.
  • According to the report, markets like New Zealand (19%), Russia (14%), the US (10%), Canada and UK (both 9%) have recorded accelerated growth in rankings in the last three months due to a growth in housing demand.
  • The index tracks the movement in mainstream residential prices across 56 countries and territories worldwide using official statistics. In the 12-month percentage change for the period Q4 2019 – Q4 2020, Turkey continues to lead the annual rankings with prices up by 30.3% on-year, followed by New Zealand at 18.6% and Slovakia at 16.0%.

Hinduja Group Launches New Berryllus Capital Wealth Advisory JV

  • The UK-headquartered Hinduja Group announced the launch of Berryllus Capital, a new joint venture (JV) focussed on investment management, investment banking and real estate advisory for ultra-high net worth families around the world.
  • The new JV with NASDAQ-listed Focus Financial Partners Inc, a leading partnership of independent, fiduciary wealth management firms, is dubbed a multi-family office that will cater to some of the most prominent families in the world through offices in London, Geneva and Singapore. The firm will provide advice and integrated strategies for managing client investments, philanthropic endeavours and legacies.
  • Founded by four well-known senior wealth advisors who are said to be focussed on the value of an independent, global, open-architecture approach, Beryllus Capital will be led by Amit Kotha a founder and veteran senior wealth advisor based in London.

ArcelorMittal Emerges as Sole Bidder for Uttam Galva Steels

  • ArcelorMittal is the sole bidder for debt-laden Uttam Galva Steels, where it was once a co-promoter. Six other firms, including JSW Steel, Jindal Steel & Power (JSPL) and Vedanta-owned ESL Steel, had submitted an expression of interest (EOI) for Uttam Galva. But after due diligence, only ArcelorMittal submitted a resolution plan.
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SCIENCE & TECHNOLOGY

Indian Astronaut Candidates for Gaganyaan Mission Complete Training

  • Four Indian officers, who were selected to become astronauts to crew Gaganyaan into orbit, have completed their one-year training course in Russia's Zvyozdny gorodok city near Moscow.
  • The Gaganyaan mission is aimed at sending astronauts to space in an orbital spacecraft.
  • The contract for the training of Indian officers was signed between the Indian Space Research Organisation (ISRO) and Russian launch service provider Glavcosmos in June 2019. The four pilots of the Indian Air Force (IAF) include a Group Captain and three Wing Commanders, according to the IAF sources.
  • The training began on February 10, 2020.

ISRO Demonstrates Technology for Quantum Encrypted Data Transmission

  • The Indian Space Research Organisation (ISRO) demonstrated quantum key sharing in free space over a distance of 300 metres for the first time in the country. The demonstration included a live video-conferencing with quantum key encrypted signals between two line-of-sight buildings at Space Application Centre in Ahmedabad.
  • This experiment can form the basis for a future quantum key encrypted data transmission between satellites and ground stations. A satellite-based quantum encrypted communication can be used to create a network for sharing secret messages.
  • Quantum cryptography "future proofs" any data transmission as the encryption cannot be cracked by existing computers. The current data security – for sensitive information such as banking – depends on large prime factorisation problems. A present day computer will be able to tell that the prime factors of 6 are 2 and 3 but it would not be able to do so for a number that is big enough.
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SPORTS

ISSF WC: India Win Gold in Men's Skeet Team Event

  • Indian men's skeet team comprising of Mairaj Khan, Angad Bajwa and Gurjoat Khangura on Monday won a gold medal in the ongoing ISSF Shooting World Cup in New Delhi.
  • The Indian team defeated Qatar 6-2 in the final to bring a gold medal for the country. The India women's skeet team settled for a silver after losing 4-6 to Kazakhstan in the final.
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NATIONAL AFFAIRS

BJP Wins Goa Municipal Elections

  • Hailing the BJP's win in the Goa municipal elections, Prime Minister Narendra Modi said that the results show the people's appreciation towards the party's development agenda.
  • The ruling BJP won a majority in five out of six municipal councils in Goa where elections were held on March 20.
  • The party also won a majority in the Corporation of City of Panaji (CCP) where the election was held on the same day.

Trouble Mounts for Arvind Kejriwal as Centre Passes NCT Bill in Lok Sabha

  • In a major setback to Arvind Kejriwal-led government in Delhi, the centre passed the Government of National Capital Territory of Delhi (Amendment) Bill, 2021 in the Lok Sabha.
  • The NCT Bill seeks to provide far-reaching powers to the Lieutenant Governor in the union territory.
  • The Bill proposes that the 'government' referred to in any law passed by the legislative assembly would refer to the Lieutenant Governor.
  • According to the Bill, the Delhi government must obtain the opinion of the LG before implementing any policy decision.

NITI Aayog Forms Task Forces on Enforcement of Contracts, Conciliation Mechanism

  • In order to lay emphasis on Enforcement of Contracts and Conciliation Mechanism, NITI Aayog has constituted two task forces.
  • The Task Force for Enforcement of Contracts will give its recommendation for a policy framework for Enforcement of Contracts and the Task Force on Conciliation Mechanism will give its recommendation for an effective Conciliation Mechanism.
  • The Task Force for Enforcement of Contracts has been constituted with the participation from key Ministries and Departments of the Government and certain State Chief Secretaries.
  • The Vice Chairman, NITI Aayog will be the Chairman of the Task force and CEO, NITI Aayog will be the Member Secretary of the Task Force.
  • The Task Force will submit its report within six months of its constitution.
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DEFENCE

Defence Ministry Seals Deal with Mahindra Defence for Combat Vehicles

  • The Defence Ministry finalised a contract with Mahindra Defence Systems Ltd (MDSL) to procure 1,300 light combat vehicles for the Indian Army at a cost of Rs. 1,056 crore.
  • The induction of the vehicles is planned to be completed in four years.
  • The light specialist vehicle is a modern fighting vehicle and will be authorised to various fighting units for carriage of medium machine guns, automatic grenade launchers as well as anti-tank guided missiles.
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PERSONS IN NEWS

Noted Screenwriter-filmmaker Sagar Sarhadi Passes Away

  • Noted writer-filmmaker Sagar Sarhadi, known for films like "Kabhi Kabhie", "Silsila", and "Bazaar", passed away following a brief illness. He was 88.
  • Sarhadi began his career writing Urdu short stories and became an Urdu playwright.
  • Filmmaker Yash Chopra's 1976 film "Kabhi Kabhie", starring Amitabh Bachchan and Raakhee, opened the gates to his Bollywood career.
  • In 1982, Sarhadi turned director with "Bazaar", starring Supriya Pathak Kapur, Farooq Shaikh, Smita Patil and Naseeruddin Shah.
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DAYS AND EVENTS

World Meteorological Day

  • World Meteorological Day is observed every year on March 23 to highlight the importance of the role that people and their behaviour play in protecting Earth's atmosphere. The day also commemorates the establishment of the World Meteorological Organization (WMO), which is an intergovernmental body, on March 23, 1950. According to WMO's website, the day "showcases the essential contribution of National Meteorological and Hydrological Services to the safety and wellbeing of society."
  • The day is celebrated to mark the establishment of WMO, which has 193 member countries and territories. The organisation originated from the International Meteorological Organization (IMO), the idea of which is rooted in the Vienna International Meteorological Congress 1873. WMO was then established by the ratification of the WMO convention in 1950 after which the organisation became a specialised agency of the United Nations (UN) in 1951. The headquarters of WMO are located in Geneva, Switzerland.
  • The theme of World Meteorological Day 2021 is "The Ocean, Our Climate and Weather."
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AWARDS AND HONOURS

Sheikh Mujibur ur Rehman Conferred Gandhi Peace Prize for 2020

  • The prestigious Gandhi Peace Prize for the year 2020 has been awarded to Sheikh Mujibur ur Rehman, considered the father of the nation in Bangladesh.
  • According to a statement from the ministry of culture, the award, instituted in 1995, was conferred on the former Bangladesh leader after a jury committee headed by Prime Minister Narendra Modi gave its decision earlier in March 2021. The award carries a cash prize of Rs1 crore and a citation, besides a plaque.
  • The announcement comes ahead of Modi's visit to Dhaka to attend the birth centenary celebrations of Sheikh Mujibur Rehman.

'Chhichhore' Bags the National Film Award

  • Late Sushant Singh Rajput's film 'Chhichhore' bagged the National Film Award for best Hindi film at the 67th National Film Awards.
  • Bollywood star Kangana Ranaut was named best actress for her roles in 'Manikarnika' and 'Panga'.
  • Manoj Bajpayee and Dhanush shared the best actor honour for their roles in 'Bhonsle' and 'Asuran', respectively.
  • Director Priyadarshan's Malayalam film "Marakkar: Arabikadalinte Simham" was declared the best feature film and Sanjay Puran Singh Chauhan was named best director for Hindi film "Bahattar Hoorain" by the National Film Award jury, headed by filmmaker N Chandra, who said they judged the movies "not as gods but as parents".
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GOVERNMENT POLICIES AND SCHEMES

Bihar First State to Have Own Ethanol Policy

  • The Bihar Cabinet has approved the Ethanol Production Promotion Policy, 2021, becoming the 1st Indian State to have an ethanol promotion policy. The policy allows the extraction of ethanol, which was restricted to sugarcane, from surplus quantities of maize as well. The new policy would permit ethanol production in Bihar from all feedstocks permitted by National Policy on Biofuels, 2018, and subsequently by the National Biofuel Coordination Committee.
  • So far, the government of India has granted permission for ethanol production from B-heavy molasses, C-heavy molasses, grains unfit for human consumption, sugarcane juice, sugar, sugar syrup, surplus rice and maize.
  • The Ethanol Production Promotion Policy, 2021, of Bihar promotes new standalone ethanol manufacturing units by providing them additional capital subsidy at 15% of the cost of plant and machinery up to a maximum of Rs. 5 crore.

Bill to Combine 7 Castes in TN

  • Rajya Sabha passed the Constitution (Scheduled Castes) Order (Amendment) Bill-2021 to club seven castes in poll-bound Tamil Nadu under one nomenclature of Devendrakula Vellalars.
  • The passage in Rajya Sabha completes the parliamentary approval process. Lok Sabha had passed the bill last week and it will now go to the President for his assent.
  • The bill was passed after a reply by Social Justice and Empowerment Minister Thaawar Chand Gehlot on the matter.
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GENDER/ HEALTH/ EDUCATION

Karnataka Govt. Launches Online Exam Preparation Portal for JEE Main, NEET

  • The Karnataka government launched an online examination preparation portal for students preparing for the Joint Entrance Examination (JEE) Main, National Eligibility Cum Entrance Test (NEET), Common Entrance Test (KCET), close on the lines of last year's initiative. In 2020, the portal was focused on NEET and CET preparations, but JEE is included this year.
  • The initiative has benefitted the students coming from poor socio-economic background. Alongside, the students can access the online exam preparation materials in one go." The portal- GetCETgo was launched in collaboration with Digilearn Pvt Ltd, it is available as an app on the Android Play store and will be available through eDUCATOR.

UGC Recognises CMA on Par with PG Courses

  • The recognition accorded to Cost Management Accountants (CMA) qualification on par with the PG Degree, by the University Grants Commission (UGC), Ministry of Education; has given fillip to the CMA Course. This has opened up multiple new vistas for students opting for it.
  • The CMA course is a specialised Cost Accountancy course, offered by the Institute of Cost Accountants of India (ICAI). With this recognition, the post intermediate two-and-half year CMA course can provide the students with a head start in their career vis-a-vis their peers. It also enables them to pursue for Ph.D. or specialisation courses in India or abroad.
  • Those desiring to pursue teaching profession can also attempt for SLET/NET after completion of CMA.
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TOURISM AND HOTEL INDUSTRY AWARENESS

Indian Video App Moj Announces Partnership to Promote Travel to UAE

  • Short video app Moj announced a partnership with UAE's Ras Al Khaimah Tourism Development Authority (RAKTDA) for travel content made by Indian creators.
  • Fourteen creators, including Mohak Narang, Surbhi Rathore, Abraz Khan and Anmol Bhatia, will make a five-day trip to Ras Al Khaimah and share videos on Moj about their travel there.
  • The trip will provide Moj creators an opportunity to explore over 7,000 years of history, traditional culture, and magnificent landscapes of Ras Al Khaimah, which is home to the longest zipline in the world.
  • Travel and entertainment-related content is a key focus area for Moj and with the partnership with RAKTDA.
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