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Daily G.K. - Top Stories

17 Jun 2022

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

Egypt Hosts Eighth Global Conference of Young Parliamentarians in Sharm El Sheikh

  • The Egyptian House of Representatives, in cooperation with Inter-Parliamentary Union, organised the eighth Forum of Young Parliamentarians in Sharm El-Sheikh.
  • The annual forum aimed to promote youth participation in politics and create a platform for them to present their opinions on international challenges and issues and suggest solutions.
  • Young parliamentarians from around 90 countries arrive, which is believed to be an achievement for Sahar Al-Bazzar, a member of the Egyptian House of Representatives, for the Young Parliamentarians Forum of the Inter-Parliamentary Union as the first female Egyptian parliamentarian to hold this international position, in an intellectual attempt to rally all international efforts at all organisational and legislative levels toward the need to find solutions to the climate change issues as the most distinguished global challenge.
  • Nagaland's first woman elected as Member of Parliament to Rajya Sabha S. Phangon Konyak represented India at the Conference. She, along with two other young Lok Sabha MPs from India, shared her thoughts on the 'Young MPs for Climate Actions'.

Coursera Global Skills Report 2022

  • Coursera's latest Global Skills Report (GSR) 2022 revealed India's overall skills proficiency slipped four places to be ranked at the 68th position globally. In Asia, India stood at the 19th position. The report findings further revealed an increase in India's technology proficiency levels from 38% to 46%, with the country strengthening its position by six spots. On the other hand, proficiency in data science dipped from 38% in 2021 to 26% in 2022, leading to a 12-rank drop.
  • For the second year in a row, Switzerland had the highest-skilled learners followed by Denmark, Indonesia, and Belgium.
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ENVIRONMENT

Antarctica's 'Doomsday Glacier' is Losing Ice Faster than in the Past 5,500 Years

  • Thwaites Glacier also known as Antarctica's so-called Doomsday Glacier is losing ice at its fastest rate in 5,500 years, raising concerns about the ice sheet's future and the possibility of catastrophic sea level rise caused by the frozen continent's melting ice.
  • The finding came from a study of prehistoric sea-deposits found on the shores surrounding the "doomsday" Thwaites Glacier and the neighboring Pine Island Glacier, both located on the West Antarctic Ice Sheet.
  • These currently elevated rates of ice melting may signal that those vital arteries from the heart of the West Antarctic Ice Sheet have been ruptured, leading to accelerating flow into the ocean that is potentially disastrous for future global sea level in a warming world.
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BUSINESS AND ECONOMY

Kotak General Insurance Partners with PhonePe to Offer Motor Insurance

  • Betting big on the digital distribution and direct-to-customer space, Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) partnered with PhonePe Insurance Broking Services Pvt. Ltd (PhonePe), a digital payments platform to offer motor insurance to 380 million customers on the PhonePe platform. Through PhonePe, Kotak General Insurance will provide quick and seamless car and two-wheeler insurance policies to its customers.
  • This tie-up will empower PhonePe customers to buy car and two-wheeler insurance end-to-end online in just a few clicks from the comfort of their smart phones. At Kotak General Insurance it has been our endeavour to provide simple and easy to understand products for customers and the partnership with PhonePe will help us to connect and engage with customers who are digital natives, seeking convenience.

RBI Approves Shriram Group's Financial Services Business Merger

  • The Reserve Bank of India approved Shriram Group's composite scheme of arrangement and amalgamation of financial services business.
  • Reserve Bank of India vide its letter dated June 15, 2022 issued No Objection to the Scheme with usual and normal conditions as generally stipulated in such similar approvals.
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SCIENCE & TECHNOLOGY

Ashwini Vaishnaw: India to have 5G Services by March 2023

  • India will get a full-fledged 5G services by March 2023, said Union Communications Minister Ashwini Vaishnaw at Viva Technology 2022 event.
  • Vaishnaw said that the auction of the 5G spectrum will be completed by July end, adding, "Telecom is the primary source of digital consumption and it is very important to bring trusted solution in telecom. India has its own stack of 4G like radio, equipment and handset. 4G is ready to deploy in the field and 5G is ready in the lab, and 5G will be ready to deploy in March 2023.
  • The Union Cabinet chaired by Prime Minister Narendra Modi has finally approved the Department of Telecommunications (DoT)'s 5G spectrum auction through which spectrum will be assigned to bidders to provide 5G services to the public as well as enterprises.
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SPORTS

Indian Racing Festival: RPPL to Debut Three Races in Nov-Dec 2022

  • Racing Promotions Pvt Ltd (RPPL) announced the debut of the Indian Racing Festival. The festival, which will bring in multiple franchise into the format, will enthrall the audience on weekends in multiple cities including all kinds of exciting racing tracks and even a street circuit. The festival will begin from the weekend of November 11 and run every weekend until the weekend of December 10 across 5 weekends across multi-city locations including the former F1 track at BIC Greater Noida, the debut of the India's first street track at Hyderabad, Coimbatore and MMRT Chennai.
  • The Indian Racing Festival RPPL will host 3 race events - Formula Regional Indian championship, Formula 4 Indian Championship and the Indian Racing League. Formula Regional Indian championship and the F4 Indian championships will be certified by the FIA; championship winners will be awarded FIA Super License points.
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NATIONAL AFFAIRS

IBBI Amends Rules for Swifter and more Streamlined Redressal of Grievances

  • With a view to putting in place a streamlined and swift complaint handling procedure, the Insolvency and Bankruptcy Board of India (IBBI) amended rules pertaining to redressal of grievances filed against insolvency professionals.
  • IBBI amended the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017 and the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017.
  • The mechanism of complaint or grievance redressal and subsequent enforcement action was amended to have expeditious redressal and also to avoid placing undue burden on the service providers.

2020-21: Female Labour Participation Increased to 25.1%

  • The all-India female labour force participation rate (LFPR) in usual status increased 2.3% in 2021 to 25.1% as compared to 22.8% a year ago, showed the Periodic Labour Force Survey (PLFS) annual report for July 2020-June 2021 released in June 2022.
  • For rural, female labour force has increased 3% to 27.7%, while urban women participation rate has seen a 0.1 rise to 18.6% as compared to last year. LFPR is defined as the percentage of persons in the labour force (i.e. working or seeking or available for work) in the population.
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DEFENCE

Chinese Destroyer on Long-distance Exercises in Sea of Japan

  • One of China's largest and most capable combat ships is conducting long-distance exercises in the Sea of Japan, in a display of China's increasing naval reach.
  • The mission was the first for the Type 055 destroyer Lhasa since its commissioning in 2021.
  • It is accompanied by the Luyang-class Type 052D destroyer Chengdu and the Type 903 oiler Dongpinghu. The Sea of Japan lies to the north of China between the Japanese archipelago, Sakhalin Island, the Korean Peninsula and the Russian Far East mainland.
  • China's navy has been building ships at a furious pace and now boasts the largest naval force in the world by number of hulls.
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PERSONS IN NEWS

Gopi Chand Narang, the Renaissance Man of Urdu, Passes Away

  • Eminent Urdu scholar, linguist, literary critic, and former Chairperson of Sahitya Akademi, Gopi Chand Narang passed away. He was 91.
  • Narang, who was admired in the Subcontinent among the masses and scholars of Urdu with equal enthusiasm, was recognised both by the Government of India and that of Pakistan (he received Padma Bhushan in India and Sitara-i-Imtiaz (Star of Excellence) in Pakistan). He worked extensively on explaining and analysing the works of Ghalib, Mir Taqi Mir and later Faiz Ahmad Faiz and Firaq Gorakhpuri beyond thematic and typical writings, penned about 60 books in his career and made every attempt to keep the language beyond communalism. Apart from this, he also designed 10 books for children under the title 'Let's Learn Urdu' in English and Hindi.
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DAYS AND EVENTS

World Day to Combat Desertification and Drought

  • The World Day to Combat Desertification and Drought is a United Nations observance celebrated each year on 17 June. Its purpose is to raise awareness of the presence of desertification and drought, highlighting methods of preventing desertification and recovering from drought. Each year's global celebration has a unique, novel emphasis that had not been developed previously.
  • This day was proclaimed by the United Nations General Assembly resolution A/RES/49/115 on January 30, 1995, after the day when United Nations Convention to Combat Desertification is drafted.
  • The theme of 2022 Desertification and Drought Day was "Rising up from drought together".
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GENDER/ HEALTH/ EDUCATION

NIOS to Provide an Opportunity for Further Education to Agniveers who are Just 10th Class Pass Out

  • National Institute of Open Schooling (NIOS) is instituting a special programme in consultation with the Defence Authorities to provide opportunity for further education to those Agniveers who are just 10th class pass out.
  • Under this programme, these Agniveers can obtain a 12th class certificate by developing customized courses that are not only current but very relevant to their area of service.
  • This certificate is recognised for both employment and higher education purposes in the whole country. This will benefit the Agniveers to gain adequate educational qualification and skills to take up productive role in society later in life.
  • This special programme of NIOS will facilitate enrolment, development of courses, student support, provision of self-learning material, accreditation of study centres, personal contact programme, evaluation and certification.
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ART AND CULTURE

Italy Creates New Museum for Trafficked Ancient Artefacts

  • Italy was so successful in recovering ancient artworks and artefacts that were illegally exported from the country that it created a museum for them.
  • The Museum of Rescued Art was inaugurated in a cavernous structure that is part of Rome's ancient Baths of Diocletian. The Octagonal Hall exhibition space was designed to showcase Italy's efforts, through patient diplomacy and court challenges, to get valuable antiquities repatriated, often after decades in foreign museums or private collections.
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LAW AND CONSTITUTIONAL AFFAIRS

SC Refuses another Counselling Round for NEET Super-speciality Courses

  • The Supreme Court refused to entertain the pleas seeking directions to the Centre and others including the Director-General of Health Services to conduct another mop-up round of counselling for admissions to NEET super-specialty courses for 2021. A vacation bench of justices A. S. Bopanna and Vikram Nath did not agree to the submissions of two doctors that one more mop-up round be conducted for admissions in the super-specialty courses as 92 new seats were added later which were not available for them in the first two rounds of counselling.
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