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Daily G.K. - Top Stories

05 May 2022

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

Myanmar Supreme Court Rejects Suu Kyi Appeal

  • The Myanmar Supreme court summarily rejected the appeal filed by the former State Counsellor Aung San Suu Kyi against her conviction by a lower court in a corruption case.
  • The lower court in April 2022 had sentenced Aung San Suu Kyi to five years of imprisonment on the charge of accepting 11.4 kg of gold and cash payments worth USD 6 lakh from her protege Phyo Min Thein who was the Chief M
  • minister of the city of Yangon. This was the first of the 18 offences brought against her which could carry a combined maximum of 190 years of jail sentence if found guilty.
  • Earlier, In December 2021 and January 2022 she was handed over six years of jail term for breaking a telecommunication law relating to import of equipment, breaching COVID 19 law and incitement against the military.
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BUSINESS AND ECONOMY

RBI Monetary Policy: RBI Hikes Repo Rate by 40 bps to 4.40 per cent

  • The Reserve Bank of India (RBI) in its Monetary Policy Committee (MPC) meeting held between May 2-4, 2022 decided to increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points (bps) to 4.40 per cent with immediate effect from 4.00% earlier. RBI also hiked the cash reserve ratio (CRR) by 50 basis points to 4.50 per cent. In an unscheduled meeting of the Monetary Policy Committee, the central bank, however, retained the accommodative monetary policy. The sudden RBI move — the first hike after August 2018 — is expected to push up interest rates in the banking system. Equated monthly instalments (EMIs) on home, vehicle and other personal and corporate loans are likely to go up. Deposit rates, mainly fixed term rates, are also set to rise.
  • All six members of the MPC unanimously voted for a rate hike while maintaining the accommodative stance. RBI Governor Shaktikanta Das said that the decision was taken in view of rising inflation, geopolitical tensions, high crude oil prices and shortage of commodities globally, which have impacted the Indian economy.

Andy Jassy To Officially Become Next Amazon CEO

  • Jeff Bezos, who founded Amazon in 1994, officially stepped down and former AWS executive Andy Jassy took over as the CEO of the commerce behemoth. Jassy joined Amazon in 1997 and, prior to founding AWS, held various leadership roles across the company, including both business-to-business and business-to-consumer.
  • AWS, which is the Cloud arm of Amazon, logged a $54 billion annualised run rate -- a 32 per cent year-over-year growth -- in March quarter in 2022.Bezos is also the founder of aerospace company Blue Origin, which is working to lower the cost and increase the safety of spaceflight, and he is owner of the Washington Post. He launched two philanthropic organisations.

HDFC ERGO Launches 'Pay as You Drive' Program

  • HDFC ERGO General Insurance Company launched its 'Pay as you Drive' program; an insurance solution that offers distance-based insurance to reduce upfront costs of premium. This policy will be best suited for those customers who prefer to drive less or have multiple cars with some of those driven less than the others.
  • A lot of customers do not use their vehicles frequently and end up paying the same insurance premiums as daily vehicle users. The "Pay as you drive" program brings the opportunity to pay a premium based on the actual usage of the car. The driving distance will be measured with the assistance of a telematics device in the vehicle, enabling customers to save between 10-20% of their 'Own Damage' premium based on the distance slabs chosen by the customer.
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SCIENCE & TECHNOLOGY

Four-astronaut Team Departs International Space Station on Flight back to Earth

  • The third long-duration team of astronauts launched by SpaceX to the International Space Station (ISS) for NASA safely departed the orbiting outpost to begin their descent back to Earth, capping a six-month science mission.
  • The SpaceX Crew Dragon capsule carrying three U.S. NASA astronauts and a German astronaut from the European Space Agency undocked from the ISS at 1:20 a.m. EDT (0520 GMT) to embark on a return flight expected to last about 23 hours.
  • Wearing helmeted white-and-black spacesuits, the four astronauts were seen strapped into the crew cabin shortly before the spacecraft separated from the space station, orbiting some 250 miles (400 km) above the Earth.
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SPORTS

JAIN University Becomes the Khelo India University Games 2021 Champions

  • JAIN University was the winner of the Khelo India University Games 2021. The University team topped the chart with 20 gold, 7 silver and 5 bronze medals, followed by Lovely Professional University (LPU) with 17 golds and Punjab University with 15 gold medals.The swimming team of JAIN (Deemed-to-be University) swam to glory with more than 20 medals in several swimming events. Siva Sridhar emerged as the star swimmer by winning 11 gold, while Olympian Shrihari Natraj won 3 gold medals while posting a record-breaking performance. Shrungi Bandekar won 4 golds in various women's swimming events.
  • Athletes and delegates from universities across India were overwhelmed with the hospitality at the JAIN Global Campus. These facilities included comfortable boarding arrangements and accommodations, catering services, nutritious food, and other entertainment and fitness facilities. The evening entertainment programmes filled with dance, theatrical plays, and musical nights won the hearts of every spectator.
  • A total of 20 games were played and participated by 3900 students from 210 Universities in the second edition of the Khelo India University Games. The Games introduced indigenous sporting competitions such as Yogasana and Mallakhamba for the first time in the history of national sports.

India Further Cement Lead at the Top in ICC Men's T20I Team Rankings

  • India further cemented their position at the top of the ICC Men's T20I Team Rankings following the annual update. The Rohit Sharma-led side's lead over England on the top of the charts has extended to five rating points, from one previously.
  • India are now on 270 points, while the second-placed England have logged 265 points. Pakistam South Africa and Australia are the tied, fourth and fifth-placed teams with 261, 253 and 251 points, respectively.
  • India defeated New Zealand, West Indies and Sri Lanka on home turf, under Sharma's captaincy. Sharma took over from Virat Kohli.

Dhanush Srikanth Wins Gold, Shourya Saini Bags Bronze in Men's 10m Air Rifle Event at Deaflympics

  • Dhanush Srikanth struck gold in the men's 10m air rifle competition on day three of the ongoing 24th Deaflympics at Caxias do Sul, Brazil, ensuring a golden start to India's campaign at the Games. Shourya Saini put the icing on India's cake with a bronze, finishing behind Korea's Kim Woo Rim in the eight-man final.
  • Hailing from Telangana, Dhanush trains at Gangan Narang's academy in Hyderabad. Under the guidance of the Olympic bronze medallist shooter, Dhanush produced a fine performance to win his his career's biggest prize at the Games.
  • Dhanush and Shourya, who were also helped by National Rifle Association of India (NRAI) coaches Anuja Jung and Priti Sharma for the marquee sporting event, shot well throughout the day to emerge as deserving medal winners.
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NATIONAL AFFAIRS

President of India Graces the 61st Annual Conference of Bodo Sahitya Sabha

  • The President of India, Ram Nath Kovind graced the 61st annual conference of Bodo Sahitya Sabha at Tamulpur, Assam. The President noted that the month of May is very important for the Bodo people as they remember Bodofa Upendra Nath Brahma on May 1 which is his death anniversary. He said that Bodofa had spread the message of "live and let live". His message of maintaining harmony with all communities while conscious of Bodo self-pride will be forever relevant.
  • So far 17 writers have been awarded Sahitya Akademi Awards for their works in Bodo language. And out of that 10 have been awarded for poetry work.

Union Minister for Chemicals & Fertilizers and Health and Family Welfare Dr. Mansukh Mandaviya Launches PLASTINDIA 2023

  • Union Minister for Chemicals & Fertilizers and Health & Family Welfare, Dr. Mansukh Mandaviya launched Plastindia 2023-11th International Plastic Exhibition & Conference.
  • India's Petrochemical Industries has been one of the fastest-growing industries in the Indian economy with high demand growth. India is projected to contribute more than 10% of the incremental global growth in Petrochemicals over the next decades.
  • PLASTINDIA refers to a series of exhibitions under the Plastindia Foundation, which will hold the 11th International Plastics Exhibition, Conference and Convention from 1st-5th February, 2023 at ITPO Pragati Maidan, New Delhi. The exhibition will provide opportunities for employment generation, facilitate the growth of the Indian plastic industry and make India a hub for sourcing plastic for global needs.

Delimitation Commission Finalises The Delimitation Order

  • The Delimitation Commission headed by Justice Ranjana Prakash Desai, (a retired Judge of the Supreme Court of India), and Sushil Chandra, (Chief Election Commissioner) and Sh. K. K. Sharma, (State Election Commissioner, Union Territory of Jammu and Kashmir), as Ex-Officio members of the Delimitation Commission met to finalise the Delimitation Order for the Union Territory of Jammu & Kashmir. The Gazette notification for the same was also published.
  • Out of the 90 Assembly Constituencies in the region, 43 will be part of Jammu region and 47 for Kashmir region keeping in view the provisions of Section 9(1)(a) of the Delimitation Act, 2002 and Section 60(2)(b) of Jammu & Kashmir Reorganization Act, 2019.
  • After consultation with Associate Members, representatives of political parties, citizens, civil society groups, 9ACs have been reserved for STs, out of which,6 are in Jammu region and 3 ACs in the Valley.
  • Names of some ACs were also changed keeping in view the demand of local representatives.
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DEFENCE

Indian Coast Guard Commissions its Second ALH Mk III Squadron in Kochi

  • Coast Guard commissioned its second Air Squadron, 845 Squadron (CG), at the Coast Guard Air Enclave at Nedumbassery in Kochi.
  • The new Air Squadron, commissioned by Coast Guard Director General V S Pathania, is equipped with the indigenously developed Advanced Mark III (ALH Mark III) helicopters.
  • The commissioning marks a tremendous leap towards self-reliance in the field of search and rescue operations and long-range maritime surveillance. Four helicopters have been positioned in Kochi to cover the entire coast of Karnataka, Kerala and Lakshadweep. The Squadron, led by Commandant Kunal Naik has nine officers and 35 men.

Successful Trials of India-Made Advanced Artillery Gun System Carried Out

  • The trials of the 155mm/52 calibre Advanced Towed Artillery Gun System (ATAGS) were completed at the Pokhran Field Firing Range (PFFR) by DRDO in May 2022. The ATAGS is an indigenous towed artillery gun system project undertaken in mission mode by the DRDO as a part of the artillery modernisation programme of the Indian Army.
  • Defence minister Rajnath Singh congratulated DRDO, the Indian Army, DPSUs and private industries on the successful conduction of trials of the ATAGS and called it a shining example of AatmaNirbhar Bharat Abhiyaan.
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GOVERNMENT POLICIES AND SCHEMES

Chhattisgarh Launches Doorstep Delivery Mukhyamantri Mitaan Yojana

  • Chief Minister of Chhattisgarh, Bhupesh Baghel launched 'Mukhyamantri Mitaan Yojana' (Mitaan stands for a friend), which will be implemented on a pilot basis in 14 municipal corporations including the cities like Raipur, Durg, Bilaspur and Rajnandgaon in Chhattisgarh. Under the Scheme, the residents of Chhattisgarh can avail around 100 public services at their doorstep.
  • Normally, citizens make multiple rounds to blocks, municipal corporations, tehsils, government offices and other departments. With this scheme, the government aims to bring a paradigm shift in the way citizens get required government services.
  • It will make the public service delivery system equally accessible to all citizens in a time-bound manner with enhanced accountability, transparency, responsiveness and inclusiveness.
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GENDER/ HEALTH/ EDUCATION

Ladakh Tops Sex Ratio at Birth

  • Ladakh leads India's sex ratio at birth (SRB) charts with all northern states, including Punjab and Haryana, traditionally known for low SRB, posting encouraging figures. The Registrar General of India's Civil Registration System Report-2020, showed SRB (number of girls born per 1,000 boys) is the highest for Ladakh (1,104), followed by Arunachal Pradesh (1,011), Andaman and Nicobar Islands (984) and Tripura (974). Civil registration data, the official account of key demographic data, reveals major improvements in Himachal Pradesh's SRB figures.
  • In the latest CRS data for 2020, Himachal improved its SRB to 936, attaining the trend it posted in the National Family Health Survey-4 (2015), which put the state's SRB at 937. The SRB trend needs to improve further considering the fact that the sex ratio at population level (all ages) went up significantly from 991 to 1,020 between NFHS-4 and 5, crossing the 1,000 mark for the first time ever.
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ART AND CULTURE

Char Dham Yatra Begins with Opening of Gangotri-Yamunotri Temples for Devotees

  • The Char Dham yatra began with the opening of portals of Gangotri and Yamunotri temples in Uttarakhand on the occasion of Akshay Tritiya. Portals of Kedarnath Dham will open on May 6, while that of Badrinath Dham on May 8. The gates of Gangotri and Yamunotri temples were opened in the presence of thousands of devotees, and administrative and temple committee officials yesterday. Chief Minister Pushkar Singh Dhami along with his wife also visited Gangotri to offer prayers and witness the ceremonious opening of the temple gates.
  • A record number of pilgrims are likely to visit Char Dham this year as it is for the first time since 2019 that the yatra has begun without the COVID-induced restrictions in force.
  • Uttarakhand government has decided to impose a ban on the movement of vehicles on mountain routes in the state from 10 am to 4 pm in view of the Chardham Yatra. The decision has been taken for the convenience and safe journey of the pilgrims on Char dham Yatra.

North East Festival 2022 Concludes With Great Enthusiasm & Public Participation in Guwahati

  • President Ram Nath Kovind attended the closing ceremony of North East Festival. Discussion and deliberation sessions were also held in North East Festival 2022 to enhance of the development in the North Eastern region.
  • President Ramnath Kovind highlighted in ceremony that key areas like Agriculture, employment generation, skill development, connectivity and infrastructure, social services including health and education and Tourism development in the NER along with infrastructural development have gone a significant change.
  • Welcoming all the Chief Ministers and dignitaries to the grand event, Minister for Development of North East Region G. Kishan Reddy said that he was really proud and honoured that President had participated in the event.
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