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Daily G.K. - Top Stories

11 Apr 2021

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

US President Biden Introduces Limited Gun Control Measures

  • President Joe Biden and his Attorney General Merrick Garland announced limited measures to tackle gun violence in the United States, in what the White House described as a first step to curb mass shootings, community bloodshed and suicides.
  • The new measures include plans for the Justice Department to crack down on self-assembled "ghost guns," and make "stabilising braces" - which effectively turn pistols into rifles - subject to registration under the National Firearms Act.
  • Biden said he will also ask the Bureau of Alcohol, Tobacco, Firearms and Explosives to release an annual report on firearms trafficking in the United States, and make it easier for states to adopt "Red Flag" laws that flag at-risk individuals who own guns.

Singapore Deputy PM To Step Aside as Future PM

  • Singapore's Deputy Prime Minister Heng Swee Keat will step aside as the designated successor to current premier Lee Hsien Loong, in an unexpected decision that disrupts the city-state's succession plans.
  • Heng, who will turn 60 this year, is set to give up his portfolio as Finance Minister at the next cabinet reshuffle, which is expected in about two weeks.
  • Succession in the wealthy Southeast Asian city state - which has been governed by the People's Action Party (PAP) since independence in 1965 - is normally a carefully planned affair.
  • The pandemic, however, has set back a handover of power. Lee, 69, has flagged that he may delay his plan to pass the reins to a successor by the time he is 70 to see Singapore through the aftermath of the pandemic.

Vietnam National Assembly Selects PM and President

  • Vietnam's legislature voted to make Pham Minh Chinh, a member of the Communist party with a history as a security official, the country's next Prime Minister. Outgoing Prime Minister Nguyen Xuan Phuc was appointed the new President. The votes of the nearly 500 members of the National Assembly rubber-stamped the leadership picks the Communist party made during its National Congress in January.
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ENVIRONMENT

Researchers Discover a Snake and Name it After Shape-shifting Chinese Goddess

  • A deadly new snake has been discovered after spending decades masquerading as a much less dangerous species, according to researchers, who named the snake after a shape-shifting serpent goddess from a Chinese folktale.
  • The new species is a type of krait snake found in Southwest China and northern Myanmar and had previously been categorised as the many-banded krait. However, morphological and genetic differences, as well as a particularly painful and deadly bite, were enough to classify this reptile as its own species.
  • The researchers named the new snake Suzhen's krait after Bai Su Zhen, a powerful snake goddess from a traditional Chinese myth.
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BUSINESS AND ECONOMY

Infosys and ArcelorMittal Announce Strategic Tie-up

  • IT major Infosys announced a strategic long-term partnership with ArcelorMittal to help accelerate the company's digital transformation journey and enable next-generation application management and business process management (BPM) services for ArcelorMittal Europe.
  • Through this engagement, Infosys will work with ArcelorMittal Europe, share best practices around next-generation application management services to optimise, stabilise, and transform ArcelorMittal's IT landscape.
  • Infosys will also establish a robust, state-of-the-art Business Process Management (BPM) service in ArcelorMittal Europe's Business Center of Excellence (BCoE) shared services center.
  • The collaboration will further strengthen Infosys' presence in Europe and will enable it to maximise synergies across the ArcelorMittal Group worldwide.

U Gro Capital Ties up with SBM to Launch Credit Cards

  • Non-bank lender UGro Capital said that it is hoping to sell up to 15,000 small businesses-focused credit cards launched through a tie-up with SBM Bank India in the next few years.
  • Eligible customers identified by U Gro will have to open a fxed deposit with SBM and the credit limit is fixed at 90 per cent of the FD amount.
  • The BSE-listed company's executive chairman and managing director Shachindra Nath said it will be doing the distribution and customer due diligence of the customers, while the Mauritian government-owned lender will be taking the credit risk.

NBCC, Suraksha Group Submit Revised Bids to Acquire Jaypee Infratech

  • State-owned NBCC and Mumbai-based Suraksha group have submitted revised bids to acquire debt-laden Jaypee Infratech through the insolvency process, as per the direction of the Supreme Court.
  • Last month, the Supreme Court remitted to the Committee of Creditors (CoC) the issue of approval of resolution plan for Jaypee Infratech Ltd (JIL), saying no new expression of interest will be entertained for taking over the firm and only NBCC and Suraksha Realty may file revised proposals.
  • The apex court also directed to extend the resolution process by 45 days.
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SPORTS

Vishnu Saravanan 2nd Indian Sailor to Qualify for Tokyo Olympics

  • India will compete in more than one sailing event in an Olympics for the first time after Vishnu Saravanan qualified for the Tokyo Games in Laser STD Class after finishing second in the Asian Qualifier in Oman.
  • Nethra Kumanan became the first Indian woman sailor to qualify for the Games in Tokyo in the laser radial event in the Mussanah Open Championship, which is an Asian Olympic qualifying event.
  • Saravanan, who was third till the penultimate day, won the medal race to jump to second place overall and book a Tokyo Olympics quota.
  • The Indian pipped Thailand's Keerati Bualong, who was second, for the Tokyo Games spot. Singapore's Ryan Lo Jun Han was first overall in the Laser STD Class points table.
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NATIONAL AFFAIRS

Odisha to Handover Unused Govt. Properties to Women SHGs

  • In a significant step towards empowering women-folk in villages, the Odisha government announced to handover all unused government properties in panchayats to women self-help groups (SHGs) federated under Mission Shakti programme.
  • Chief Minister Naveen Patnaik directed district collectors to complete the process of handing over of properties within next two months. "There are many government properties including government building, shopping complex and community ponds lying unutilised in panchayats, blocks and districts. If the properties are given to women, they will use it for social and economic upliftment of the area," said Mr. Patnaik.

CJI Launches Top Court's AI-driven Research Portal 'SUPACE'

  • The Supreme Court of India has launched its Artificial Intelligence portal "SUPACE" (Supreme Court Portal for Assistance in Courts Efficiency). Through this portal, the SC intends to leverage machine learning to deal with the vast amounts of data received at the time of filing of cases.

Not in Favour of Appointment of Ad Hoc Judges, Centre Tells Supreme Court

  • The Centre told the Supreme Court that it was not in favour of appointing ad hoc judges in High Courts until recommendations for all regular appointments were not made by Chief Justices of the Courts concerned.
  • As on April 1, all 25 High Courts in the country had a vacancy of 411 judges, more than a third of the total positions. There were only 669 judges out of the total sanctioned strength of 1,080. Moreover, there have been no recommendations from High Courts for 214 of the 411 vacancies.
  • The bench was hearing a public interest litigation by NGO Lok Prahari that sought appointment of ad hoc judges to tackle the ever-mounting pendency of cases in the High Courts.
  • Conveying its views before a bench headed by Chief Justice of India S. A. Bobde, the government said that the constitutional provision regarding appointment of ad hoc judges should be resorted to only after all the sanctioned vacancies in the 25 high courts are filled.
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DEFENCE

Indian Navy to Seek Green Light for Expansion of Nuke, Diesel Submarine Fleet

  • As per reports, the Indian Navy intends to approach the government for authorised force levels of nuclear-powered and diesel-electric attack submarines in addition to the ballistic missile submarines with Strategic Force Command (SFC).
  • The navy's new plan, inspired by a similar cabinet authorisation for 42 squadrons of the Indian Air Force, will seek approvals for 6 nuclear-powered attack submarines and 18 diesel attack submarines. The authorisation for the diesel subs would include those with an air-independent propulsion system, or AIP, which ensures these submarines can remain under surface for a longer period and are quieter than the nuclear-powered submarine.
  • The proposed move comes at a time the navy is finalising plans to seek approval from the Defence Acquisition Committee to build six nuclear-powered attack submarines, or SSNs, as part of the defence establishment's continuing focus on expanding the navy's capabilities to counter the rise of China's navy in the Indian Ocean Region and beyond.
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DAYS AND EVENTS

National Safe Motherhood Day

  • National Safe Motherhood Day is observed on April 11 every year. National Safe Motherhood Day is an initiative of the White Ribbon Alliance India (WRAI), to enforce that women must have the availability and adequate access to care during pregnancy childbirth and postnatal services.
  • At the request of WRAI, an alliance of 1800 organizations, in 2003, the Government of India declared April 11th, the anniversary of Kasturba Gandhi's birth, as National Safe Motherhood Day. India is the 1st country in the world to have socially declared a National Safe Motherhood Day.
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AWARDS AND HONOURS

Athlete Dutee Chand to Receive Chhattisgarh Government's Veerni Award

  • Dutee Chand, the Jakarta Asian Games silver-medalist in 100 and 200 metres will receive Chhattisgarh Veerni Award.
  • Due to the ongoing Covid-19 pandemic, the inaugural edition of the awards ceremony will be held virtually on April 14.
  • The award, instituted by the Chhattisgarh state government, recognises contribution of Indian women in different fields, including sports.
  • In 2019, the Odisha spinter became the first Indian woman to win a gold medal at the World University Games held in Italy.
  • Dutee, who holds the national record of 11.22 sec in 100m, is aiming to achieve Tokyo Olympics qualification time of 11.15 sec in the coming months.
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GOVERNMENT POLICIES AND SCHEMES

President Promulgates Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021

  • The President promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 for providing pre-packaged resolution for micro, small and medium enterprises (MSMEs).
  • The government said that it has set the minimum default threshold for initiation of pre-packaged insolvency resolution process by a MSME corporate debtor at Rs. 10 lakh.
  • While pre-packaged resolution is for defaults up to Rs. 1 crore.
  • Pre-pack for MSMEs is a hybrid corporate rescue process, which blends elements and virtues of both formal and informal insolvency proceedings. A resolution plan is negotiated between debtor and its creditors before commencement of formal proceedings.
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ART AND CULTURE

Egypt Discovers Lost City Dating Back 3,000 Years

  • Egyptian archaeologists have made a stunning discovery of a lost city that dates back more than 3,400 years to the time of the pharaohs.
  • The find has been called one of the most important since the unearthing of the tomb of Tutankhamun.
  • The archaeologists were searching for a temple in the desert sands near the city of Luxor. They began finding something else; the walls of houses stretching away in all directions.
  • There were rooms filled with items that ancient Egyptians used in everyday life. Rings and coloured pottery bore the seal of one of country's most powerful pharaohs, Amenhotep the Magnificent.
  • In one neighbourhood a bakery was found, and evidence of food preparation for many people.
  • Elsewhere there were signs of industrial activity. It seems some residents were engaged in the making of decorations for tombs and temples.
  • The great find will provide huge amounts of information – perhaps even an answer to why the site was eventually abandoned by its people.
  • This discovery is something really substantial in the history of Egyptian archaeology.
  • The well-preserved city has been described as nothing less than "an Egyptian Pompeii".
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