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Daily G.K. - Top Stories

01 Jul 2022

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

Justice Jackson Sworn In, Becomes 1st Black Woman on US Supreme Court

  • Ketanji Brown Jackson was sworn in to the Supreme Court, shattering a glass ceiling as the first Black woman on the nation's highest court.
  • Jackson is the court's 116th Justice and she took the place of the Justice she once worked for. Justice Stephen Breyer's retired the same day.
  • Jackson, a federal judge since 2013, joined three other women, Justices Sonia Sotomayor, Elena Kagan and Amy Coney Barrett — the first time four women will serve together on the nine-member court.
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ENVIRONMENT

India Promises International Community to Protect 30% of Land and Water

  • India gave the international community the reassurance that it will keep to its goal of protecting at least 30% of "our" land, water, and ocean by 2030 under Prime Minister Narendra Modi. India's Minister for Earth Sciences, Dr. Jitendra Singh, made the following remarks on behalf of the country at the UN Ocean Conference in Lisbon: Under the leadership of Prime Minister Narendra Modi, all efforts are being made to achieve the 30×30 target in a mission mode as per the COP resolutions. He stated that his purpose in attending the UN summit was to share Modi's vision for protecting and sustaining the ocean and its resources with the rest of the globe.
  • India joined the High Ambition Coalition for Nature and People, which was founded at the "One Planet Summit" in Paris in January 2021 and seeks to advocate a global accord to safeguard at least 30% of the world's land and ocean by 2030.
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BUSINESS AND ECONOMY

Mumbai, Delhi most Expensive Cities for Expatriates in India

  • According to Mercer's 2022 Cost of Living survey, Mumbai and Delhi ranked among the top 40 most expensive cities in Asia for expatriates, and Kolkata is the least expensive city, says a report.
  • As per the report, Mumbai (127) is the costliest city in India in terms of both living expenses and accommodation costs. This is followed by New Delhi (155), Chennai (177), Bengaluru (178), and Hyderabad (192), while Pune (201) and Kolkata (203) are the least expensive Indian cities in the ranking.
  • The survey also found that Mumbai, the financial hub of India, is a popular place for multinational corporations to establish operations.

Renminbi Liquidity Arrangement

  • The central bank of China inked an agreement with the Bank for International Settlements (BIS), for establishing a Renminbi Liquidity Arrangement (RMBLA).
  • The Renminbi Liquidity Arrangement will provide support to participating central banks during market fluctuations.
  • It could be used in periods of market volatility in future,
  • In addition to People's Bank of China, the first participants of this arrangement would include Bank of Indonesia, Hing Kong Monetary Authority, Central Bank of Malaysia, Central Bank of Chile and Monetary Authority of Singapore.
  • Participant will contribute a minimum of 15 billion yuan.
  • BIS is an international financial institution. It is owned by central banks that "fosters international financial and monetary cooperation as well as serves as a bank for central banks. It is headquartered in Basel, Switzerland.
  • Renminbi is the official currency of China and one of the world's reserve currencies. As of April 2019, it was ranked the eighth most traded currency worldwide. Yuan is the basic unit of renminbi. People's Bank of China issue renminbi monetary authority of China.

SBI Celebrates 66th Foundation Day

  • The oldest commercial bank in the country, State Bank of India (SBI) celebrated its 66th year. SBI descends from the Bank of Calcutta founded in 1806 through the Imperial Bank of India.
  • The Bank of Madras merged into the other two presidency banks, the Bank of Calcutta and the Bank of Bombay to form the Imperial Bank of India which in turn became the State Bank of India on 1st July in 1955.
  • SBI is an Indian multinational, public sector banking and financial services statutory body headquartered in Mumbai.
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SCIENCE & TECHNOLOGY

ISRO to Launch Rocket PSLV-C53, Carrying Three Singapore Satellites

  • In its second successful mission within a week, ISRO launched three foreign satellites in precise orbit.
  • PSLV-C53 is the second dedicated commercial mission of NewSpace India Limited (NSIL), the commercial arm of ISRO. It had on June 23 launched GSAT-24 in its first "demand-driven" communication satellite mission post space sector reforms, leasing the entire capacity on board to Direct-to-Home (DTH) service provider Tata Play.
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SPORTS

Asiad Medallist Poovamma Handed 3-month Ban

  • Senior India quarter-miler and Asian games medallist M.R. Poovamma was handed a three-month ban by the National Anti-Doping Agency for failing a dope test last year.
  • Poovamma's dope sample collected during the Indian Grand Prix in Patiala in February 2021 had returned positive for stimulant methylhexaneamine.
  • Athletics Federation of India (AFI) President Adillle Sumariwalla confirmed the development.

Indian Olympic Association Wants CGF to Increase India's Quota

  • The Indian Olympic Association (IOA) requested the Commonwealth Games Federation (CGF) to consider increasing India's athlete quota so that high jumper Tejaswin Shankar and five others can be included in the country's contingent for the Birmingham Games.
  • The 2022 Commonwealth Games, officially known as the XXII Commonwealth Games and commonly known as Birmingham 2022, is an international multi-sport event for members of the Commonwealth that is scheduled to be held in Birmingham, England from 28 July to 8 August 2022.
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NATIONAL AFFAIRS

Maharashtra Govt. Approves Renaming of Aurangabad, Osmanabad

  • Maharashtra State Cabinet cleared the decisions to rename Aurangabad and Osmanabad districts to Sambhajinagar and Dharashiv respectively and also passed the proposal to extend name of farmer leader late D.B. Patil to under construction Navi Mumbai international airport.
  • Decisions to rename Aurangabad and Osmanabad were pending for many years and the Shiv Sena had been demanding the same for years.

Eknath Shinde Takes Oath as CM of Maharashtra

  • Shiv Sena leader Eknath Shinde was sworn in as the 20th Chief Minister of Maharashtra, while BJP stalwart Devendra Fadnavis took oath as the Deputy Chief Minister, capping a day of surprises and hectic political activities, just 24 hours after the collapse of the Maha Vikas Aghadi (MVA) government.
  • Governor Bhagat Singh Koshyari administered the oath of office to Shinde and his deputy Fadnavis at the Raj Bhavan.

PM Modi to Unveil Legendary Freedom Fighter Alluri Sitarama Raju's Statue in Andhra Pradesh

  • Special Chief Secretary Rajat Bhargava (Tourism and Culture) inspected the arrangements for Prime Minister Narendra Modi's visit to Bhimavaram town in Andhra Pradesh on July 4, to unveil a 30-ft bronze statue of legendary freedom fighter Alluri Sitarama Raju as part of the Azadi Ka Amrit Mahotsav. Andhra Pradesh Governor Biswa Bhusan Harichandan, Chief Minister Y. S. Jagan Mohan Reddy, Union Tourism and Culture Minister G. Kishan Reddy and others will attend the event.
  • Alluri Sitarama Raju was an Indian revolutionary who waged an armed campaign against British colonial rule in India. Born in present-day Andhra Pradesh, he became involved in opposing the British in response to the 1882 Madras Forest Act, which effectively restricted the free movement of Adivasis (tribal communities) in their forest habitats and prevented them from practicing a traditional form of agriculture known as podu.
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DEFENCE

India Successfully Tests High-speed Expendable Aerial Target Abhyas

  • India successfully tested the indigenously-designed Abhyas - a High-speed Expendable Aerial Target (HEAT) - in Odisha. The trial was carried out by the Defence Research and Development Organisation (DRDO) from the Integrated Test Range (ITR) in Odisha's Chandipur.
  • The aircraft is programmed for a fully autonomous flight, meaning that it flies under the control of automatic systems and needs no intervention from a human pilot.
  • During the test flight, the aircraft was flown from a ground-based controller to examine its manoeuvrability and performance at low altitudes.
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DAYS AND EVENTS

National Doctors' Day

  • Every year, National Doctor's Day is observed to recognise the role and contributions of doctors in people's lives and communities. Different countries observe this day on different dates, but in India, National Doctor's Day is celebrated on July 1 and is organised annually by the Indian Medical Association (IMA).
  • It was first celebrated in the year 1991 to pay honour to Dr. Bidhan Chandra Roy, who was also the Chief Minister of Bengal back then. This day was celebrated to acknowledge the extraordinary contributions to the medical fraternity made by Dr. BC Roy in his medical career.
  • Born on July 1, 1882, DR BC Roy was one of the prominent freedom fighters as well as a highly respected doctor who was also honoured with the Bharat Ratna in February 1961. Roy played a significant role in establishing medical institutions like Jadavpur T.B. Hospital, Chittaranjan Seva Sadan, Kamala Nehru Memorial Hospital, Victoria Institution (college), Chittaranjan Cancer Hospital, and the Chittaranjan Seva Sadan for women and children.

National Chartered Accountants Day

  • India celebrates Chartered Accountants Day every year on July 1 to commemorate the findings of the Institute of Chartered Accountants of India (ICAI) by Parliament in 1949.
  • ICAI is deemed as the second biggest accounting organization in the world.
  • After Independence in the year 1948, an expert committee recommended that a separate autonomous association of accountants should be set up to regulate the profession of accountants in the country. The Indian government adhered to the recommendation and passed an act in the Parliament that gave birth to a statutory body named the Institute of Chartered Accountants of India (ICAI).
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GOVERNMENT POLICIES AND SCHEMES

PM Modi Inaugurates 'Raising & Accelerating MSME Performance' Scheme

  • Prime Minister Narendra Modi inaugurated the 'Raising and Accelerating MSME Performance' scheme at Vigyan Bhawan in the national capital.
  • The scheme has outlay of around Rs. 6,000 crore.
  • The scheme aims to scale up the implementation capacity and coverage of Medium Small and Micro Enterprises (MSME) in the states, with impact enhancement of existing MSME schemes.
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GENDER/ HEALTH/ EDUCATION

IIT Delhi Collaborates with DBSE to Design Robotics and Automation Curriculum

  • IIT Delhi will design a curriculum to train students in the different aspects of Robotics and Automation that will enable them to pursue higher education and diverse career pathways in the field. In this regard, the Delhi Board of School Education (DBSE) signed an MoU with I-Hub Foundation for Cobotics (IHFC), the Technology Innovation Hub of IIT Delhi to design a Robotics and Automation curriculum for the Schools of Specialized Excellence (SoSE) under the Delhi government.
  • IHFC will collaborate with industry partners and players to create an industry-relevant curriculum that will render SoSE students employable in aspirational job roles after four years of specialised study in the domain of Robotics and Automation.
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TOURISM AND HOTEL INDUSTRY AWARENESS

UK Sandwich Chain Pret A Manger to Launch in India

  • A firm owned by Asia's richest person struck a deal to open outlets of the British coffee and sandwich chain Pret A Manger across India.
  • A unit of multi-billionaire Mukesh Ambani's Reliance Industries will run the chain under a franchise agreement.
  • It marks the first venture by Reliance Brands, which also owns India's biggest retail chain, into the country's growing food and drinks industry.
  • The first outlet is expected to open early next year in Mumbai.
  • Pret A Manger, which means "ready to eat" in French, was founded in London in 1983, with the first shop opening the following year.
  • After the original company went into liquidation the brand was bought by college friends Sinclair Beecham and Julian Metcalfe, with their first store opening in 1986.
  • The brand currently has 550 outlets around the world, across nine markets including the UK, US, Europe, and Asia.
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LAW AND CONSTITUTIONAL AFFAIRS

Kerala High Court Directs Union Ministry to Pass Orders on Emblems and Names Law

  • The Kerala High Court directed the Ministry of Consumer Affairs, Food & Public Distribution, Government of India to pass an appropriate order through Secretary to the Government in the matter of deliberate dereliction of duty by the Inspector Station House Officer, Fort Kochi Police Station, in obeying the mandates of the Emblems and Names (Prevention of Improper Use) Act, 1950.
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