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General Awareness

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Daily G.K. - Top Stories

01 Jan 2022

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

Russia's 1st Versatile Nuclear-powered Icebreaker to Boost India's Arctic Plans

  • Russia launched its first in the series Project 22220 versatile nuclear-powered icebreaker known as 'Sibir'. This icebreaker will support the growing fleet of icebreakers to keep the Northern Sea Route open for year-round shipping through the Arctic and enable a wider presence of India in the arctic region.
  • The construction of Sibir was started in 2015 and the icebreaker was floated on 22nd December 2017. Sibir was handed over to the Rosatom State Atomiс Energy Corporation for exploitation; the Delivery-Acceptance Act was signed on 24th December at Baltic Shipyard, St. Petersburg, Russia. The icebreaker is 173.3 meters (568.6 feet) long and 34 meters broad with a 33,500-tonne displacement.
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BUSINESS AND ECONOMY

RBI Extends Deadline for Periodic KYC Update

  • The Reserve Bank of India (RBI) extended the last date for KYC updation for bank accounts by three months to March 31, 2022.
  • The central bank extended the deadline in view of the "prevalent uncertainty due to new variant of Covid-19".
  • The central bank had relaxed the rules first in May last year due to the pandemic and had said that banking services should not be restricted just because the KYC documents have not been updated by the customer.

Domestic Systemically Important Insurers (D-SIIs) for 2021-22

  • Insurance regulator IRDAI identified the state-owned LIC, GIC and New India Assurance Co. Ltd as Domestic Systemically Important Insurers (D-SIIs) for 2021-22.
  • D-SIIs are insurers of such size, market importance, and domestically & globally inter-connected, whose failure or distress will result into significant dislocation in domestic financial system.
  • D-SIIs are perceived as insurers which are 'too big or too important to fail' (TBTF).
  • This perception and perceived expectation of government support may reduce market discipline, amplify risk-taking, create competitive distortions, as well as increase the possibility of distress in future.
  • Thus, continued functioning of D-SIIs is necessary for uninterrupted availability of insurance services for national economy.
  • IRDAI identifies D-SIIs on an annual basis and disclose such insurers names for public information.
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SCIENCE & TECHNOLOGY

First Magnetic Field on an Exoplanet

  • A team of astronomers used data from the Hubble Space Telescope for discovering the signature of a magnetic field on an Exoplanet. Such a feature has been seen on an exoplanet, for the first time.
  • A magnetic field around the planet explains the observations of an extended region of charged carbon particles. It streams away from it in a long tail.
  • Magnetic fields play a significant role in protecting planetary atmospheres.
  • Thus, the ability to detect the magnetic fields of exoplanets is a significant step of understanding what aliens' worlds may look like, in a better manner.
  • Researchers used the Hubble for observing the exoplanet HAT-P-11b. it is a Neptune-sized planet, located at a distance of 123 light-years from Earth.
  • Observations were made in ultraviolet light spectrum.
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SPORTS

Ross Taylor Announces Retirement from International Cricket

  • Veteran New Zealand batter Ross Taylor announced that he will retire from international cricket at the end of the ongoing domestic season. Taylor hence will play his final appearance in the second Test against Bangladesh, where will equal Daniel Vettori's record of 112 tests for New Zealand.
  • The 37-year-old will not feature in the Test series against South Africa, but will be part of the one-day international series in Australia in February and against the Netherlands at home in late March
  • The fourth and final ODI in the series against the Netherlands in Taylor's home town of Hamilton on April 4 will be his last appearance for New Zealand.
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NATIONAL AFFAIRS

PM Modi Inaugurates Bina (MP)-Panki (UP) Multiproduct Pipeline Project

  • Prime Minister Narendra Modi inaugurated the 356 Km long Bina Refinery (Madhya Pradesh)- POL Terminal at Panki (Kanpur, UP) Multiproduct pipeline project ( capacity of 45 million metric tonnes per annum) with an outlay of Rs. 1524 crore (Rs. 1227 crore in UP and Rs. 297 crore in MP). The project has been completed and commissioned one month ahead of the approved completion schedule of December 2021 (3 years from PNGRB authorisation) and within the approved cost. It will provide for safe and efficient evacuation of products from Bina Refinery and also improve the availability of products in Eastern U.P, Central U.P., Northern Bihar and Southern Uttarakhand.
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DEFENCE

China Transfers Secondhand Submarine to Myanmar

  • China has transferred a former People's Liberation Army Navy diesel-electric attack submarine to Myanmar, marking the first transfer of such equipment between the two countries.
  • The commissioning of the Type 035 or Ming-class submarine, which is named the UMS Minye Kyaw Htin, brings the Southeast Asian nation's fleet to two boats. In March 2020, Myanmar took delivery of a Russian-built Project 877 Kilo-class boat from India.
  • The date coincided with the 74th anniversary of the navy and, in addition to the submarine, also saw the induction of the Inlay-class Offshore Patrol Vessel UMS Inwa, two 18-meter riverine fast attack craft and four 20m riverine patrol boats.
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DAYS AND EVENTS

Global Family Day

  • Celebrated every year on January 1, Global Family Day starts the New Year with a positive message of unity to the world.
  • Global Family Day, also known as World Peace Day, is celebrated every year to promote the concept of harmony and unity in the world. Furthermore, it emphasizes the idea of the world as a global village in which we are all family, regardless of citizenship, borders, or race.
  • It all started in 1997 when the United Nations General Assembly launched the International Decade for the Culture of Peace and Non-Violence for the Children of the World — as of the first day of the new millennium. Linda Grover was a key figure in promoting this in the U.S. and other efforts to promote it included books such as "One Day in Peace – January 1, 2000". This book revolved around the concept of a day in the future where there is only peace and no war.
  • However, this was just the beginning of a new peaceful world and, in 1999, all U.N. member states received an invitation to formally dedicate the first day of that particular year to develop strategies towards peacebuilding. Seeing the positive impact of the day, Global Family Day was declared an annual event by the U.N. in 2001.
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AWARDS AND HONOURS

D. S. Nagabhushan Bags Kendra Sahitya Akademi Award

  • Literary critic D.S. Nagabhushan was awarded the Kendra Sahitya Akademi award for 2021 for his work Gandhi Kathana, biography of Mahatma Gandhi.
  • While Basu Bevinagidad won the Bal Sahitya Puraskar for his children's novel Odi Hoda Huduga, H. Lakshmi Narayan Swamy was awarded the Sahitya Akademi Yuva Puraskar for his poetry Togala Cheelada Karna.
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GENDER/ HEALTH/ EDUCATION

UK, Canada and US among Most Popular Destination for Study Abroad Aspirants

  • The UK is the most popular study abroad destination followed by Canada and the USA, according to data of over 75,000 applications processed by Leap Scholar.
  • Based on the applications for the year, the most popular country is the UK at 49 per cent, followed by Canada at 36 per cent, and the USA at 18 per cent. The most popular courses for study abroad in 2021 include MBA, MSc Data Science, and Computer Science, while MSc Management, Business Analytics, and Project Management saw an increase in popularity. The year 2021 witnessed an increasing trend of students preferring specialized courses.
  • With the introduction of the Graduation Immigration Route, interest in the UK as a study abroad destination has zoomed. The new policy allows students graduating from UK universities to work in the UK for up to 2 years. This trend is expected to continue in 2022 as well.
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