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General Awareness

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Daily G.K. - Top Stories

03 Dec 2022

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

World's most Expensive Cities: New York and Singapore Top List

  • The world's most expensive cities were jointly New York and Singapore, according to the annual Economist Intelligence Unit (EIU) survey.
  • It is the first time New York topped the rankings. Last year's number one, Tel Aviv, was now placed third.
  • Overall, the average cost of living in the world's biggest cities is up 8.1% this year (2022), the EIU survey reported.
  • The war in Ukraine and Covid's impact on supply chains were identified as factors behind the increase.
  • Inflation was particularly high in Istanbul - with prices up by 86% - Buenos Aires (64%) and Tehran (57%).
  • High inflation in the US was one of the reasons for New York topping the list.
  • Los Angeles and San Francisco also made the top 10.

Yogi Adityanath to be First UP CM Take Part in World Economic Forum Meet in Davos

  • Uttar Pradesh Chief Minister Yogi Adityanath would be travelling to Davos city in Switzerland in January to attend the World Economic Forum (WEF) from January 16 to 20, 2023 becoming the first CM of the state to be attending the WEF meeting.
  • A delegation of senior officials from the state industries department is expected to accompany him.
  • Invest UP, the newly created investment promotion and facilitation agency of the Uttar Pradesh government, has been tasked with the responsibility to make arrangements for the Davos trip, which as per officials, would also be used by the state to publicise its upcoming Global Investors Summit to be held in February 2023.
  • The World Economic Forum is the International Organization for Public-Private Cooperation that brings together key political, business, cultural figures and other leaders of society to discuss global, regional and industry agendas.
  • It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland and describes itself as an "independent, impartial and not tied to any special interests".
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BUSINESS AND ECONOMY

ICICI Bank Launches STACK for Companies in Real Estate Sector

  • ICICI Bank announced the launch of a novel solution named STACK for real estate companies. This is a combination of digital and physical solutions, which enables participants from the real estate sector, namely builders, real estate investment trusts (REITs) and alternate investment funds (AIFs), to undertake banking transactions expeditiously ― all on one platform.
  • STACK for real estate will focus on tech efficiency, which will help the companies save on time and resources.
  • STACK for the real estate sector is an extension of the 'ICICI STACK for Corporates', which the bank had launched in 2021 to provide a set of customised banking solutions for corporates and their entire ecosystem.

Reliance most Valued Indian Firm

  • Reliance Industries is India's most valued listed company at Rs. 17.2 trillion, said a report.
  • Reliance was followed by Tata Consultancy Services (TCS) and HDFC Bank with a valuation of Rs. 11.6 trillion and Rs. 8.3 trillion. Tech giant Infosys was at fourth place, followed by ICICI bank, Bharti Airtel, HDFC, and ITC. Adani Total Gas (ATG) and Adani Enterprises were new entrants in the Top 10 firms of 2022 Burgundy Private Hurun India 500. The rankings are by Hurun India and Burgundy Private, Axis Bank's private banking business.
  • Ranked 9th and 10th, ATG and Adani Enterprises were valued at Rs. 3.96 trillion and Rs. 3.81 trillion. Sun Pharma and Wipro exited the top 10 rankings from last year. The 500 companies ranked in the list are worth $2.7 trillion, an amount equal to India's Gross Domestic Product (GDP).
  • With a market cap of Rs 17.2 trillion, Reliance Industries is India's most valued listed firm, followed by Tata Consultancy Services (TCS) and HDFC Bank, with a valuation of Rs 11.6 trillion and Rs 8.3 trillion, respectively.

Coca-Cola India Partners with Adani Digital Labs for Product Sampling

  • Beverage major Coca-Cola India partnered with Adani Group subsidiary -- Adani Digital Labs -- to optimise the reach of its brands to consumers across the country.
  • As part of this, Coca-Cola India is working with Adani Digital Labs to use the consumer-centric platform for product sampling and develop deep consumer insights.
  • Coca-Cola is among the first brands to make its products available on this platform.
  • Adani Digital Labs is the digital arm of Adani Group, which allows brands to interact with large numbers of travellers and target customers with high spending and purchasing power.
  • The platform is currently live at the seven key airports located in Mumbai, Ahmedabad, Jaipur, Lucknow, Guwahati, Mangalore, and Thiruvananthapuram & Adani CNG Stations.
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SPORTS

Malhotra, Paranjape Named in New Cricket Advisory Committee

  • The Board of Control for Cricket in India (BCCI) announced a fresh Cricket Advisory Committee. Former selectors Ashok Malhotra, Jatin Paranjape and Sulakshana Naik were named in the panel, which is expected to take the big call on the new selection panel for men's cricket.
  • The BCCI pulled the plug on the earlier selection panel under the guidance of Chetan Sharma, who were responsible for the selection of the India squad that went to 2021 T20 World Cup, Asia Cup 2022 and the recently concluded T20 World Cup in Australia. India suffered shock 10-wicket defeats in both of their last two World Cup outings, one against Pakistan and one against England.
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NATIONAL AFFAIRS

MP Govt. to Form New Committee for Implementation of Uniform Civil Code

  • The BJP government in Madhya Pradesh announced that a committee will be formed for the implementation of the Uniform Civil Code in the state.
  • Some other BJP-ruled states including Gujarat and Himachal Pradesh have made similar announcements.
  • The announcement was made by Chief Minister Shivraj Singh Chouhan at a function, where he asked why there were two personal laws in one country, and also alleged that some men marry women from tribal communities with the motive of usurping their land.
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DEFENCE

Middle-East Countries could soon Seal BrahMos Missile Deals

  • Countries from the Middle-east could soon be finalising a deal with the Indian government to procure the country's first indigenous supersonic cruise missile – BrahMos.
  • These nations initiated deliberations after they observed South Asian nations are in queue to buy this missile. Adding to it, these countries approached India to procure the missile witnessing changes in geo-political equation — where the US has refused to sell arms and ammunitions to various nations in the region and Russia's ongoing war with Ukraine has changed the country to country alignments.
  • Discusisons with the UAE regarding the BrahMos are already in advanced stages. In fact this country was the first in the region to express interest in buying the BrahMos missile and has expressed interest in the indigenous Akaash missile.
  • The discussions with Saudi Arabia too are in advanced stages. "The discussions had got delayed due to the COVID-19 pandemic, however, now the talks are back on track. It is expected that the deal could be sealed soon.
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DAYS AND EVENTS

World Day of the Handicapped or International Day of Persons with Disabilities

  • Every year, the International Day of Persons with Disabilities (IDPD) is marked on December 3. The day is observed to promote the rights and well-being of people with disabilities at every level of society and development. Additionally, it also aims to raise awareness of the situations of persons with disabilities in all aspects of political, social, economic and cultural life.
  • The annual observance of this day began in 1992 after it was proclaimed by the United Nations General Assembly resolution 47/3.
  • The theme for IDPD 2022 was "Transformative solutions for inclusive development: the role of innovation in fuelling an accessible and equitable world."
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AWARDS AND HONOURS

Two Films from Northeast Win at 'tve Global Sustainability Awards' in London

  • Two films from Northeast India, one about rhino conservation in Assam and the other on water scarcity in one of the world's wettest places Cherrapunji, won prizes at 'tve Global Sustainability Film Awards (GSFA) 2022'.
  • The tve GSFA, now in its 11th year, recognises outstanding films from the business, non-profit, media and creative sectors that inspire audiences with real-world solutions for a more sustainable future.
  • While the film from Assam, 'Bad Blood', by Vice Media won in the Greener Living Short Film Award category, the special tve Trustee Choice Award was given to 'Water for Life' by Green Hub.
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GOVERNMENT POLICIES AND SCHEMES

Haryana Govt. Approves New 'AatmaNirbhar Textile Policy'

  • The Haryana Cabinet approved a new AatmaNirbhar Textile Policy 2022-25, which aims to attract investment worth Rs. 4,000 crore and generate 20,0000 new jobs in the state.
  • A decision in this regard was taken in the meeting of the Council of Ministers held under the chairmanship of Chief Minister Manohar Lal Khattar.
  • The new textile policy will supersede the previous Haryana Textile Policy 2019 and it aims to promote value-added textile activities with suitable policy interventions to harness the potential of the entire textile value chain in the state.
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GENDER/ HEALTH/ EDUCATION

IIT Guwahati Bags Highest Foreign Job Offer of Rs. 2.4 crore

  • Indian Institute of Technology (IIT) Guwahati bagged the highest international offer of Rs. 2.4 crore, kicking off the first day of final placements with optimism in a post-pandemic year marked by layoffs and hiring freeze.
  • The highest international offer at IIT Guwahati was up by 17 per cent over last year's (2021) Rs. 2.05 crore, whereas the highest domestic offer was Rs. 1.1 crore at the close of the day. The placements were underway at some of the leading older IITs.
  • A total of 25 offers with pay packages in excess of Rs. 1 crore per annum were made at the end of Session 1.1 on Day One of the recruitment process at IIT Madras. Its students also received 15 international offers from four companies.
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ART AND CULTURE

Jeanne Dielman: Film Directed by Woman Picked as Best Ever

  • A film directed by a woman was chosen as the greatest of all time by a group of experts.
  • Jeanne Dielman, 23 quai du Commerce, 1080 Bruxelles, directed by Chantal Akerman, topped the British Film Institute's Sight and Sound poll.
  • It is the first time a work directed by a woman reached the top ten. The poll, which runs every decade, was criticised for a lack of diversity.
  • The winning spot was held for 40 years by Orson Welles' Citizen Kane.
  • It was overtaken in 2012 by Alfred Hitchcock's Vertigo.
  • Jeanne Dielman, released in 1975, is the story of a Belgian widow who turns to prostitution to make ends meet, but kills one of her clients. The film runs for almost three and a half hours.
  • Though not as well-known outside the world of film criticism as previous winners, it has been lauded as a "masterpiece", and a ground-breaking piece of feminist film.
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TOURISM AND HOTEL INDUSTRY AWARENESS

DigiYatra Launched at Three Airports for Face Scan Entry

  • Union Civil Aviation Minister Jyotiraditya Scindia launched the first phase of the Centre's ambitious DigiYatra facility for three airports where entry and boarding will be made more seamless with the use of a facial recognition system.
  • In the first phase, the minister launched the system for Delhi, Bengaluru and Varanasi airports.
  • As part of the second phase, the system will be launched in Hyderabad, Kolkata, Pune and Vijayawada by March 2023.
  • The DigiYatra facility will allow passengers to link their travel and identity documents and create a facial scan beforehand, which will do away with the need for them to produce boarding passes or identity cards when they arrive at an airport, drop their baggage, or proceed for boarding. Instead, passengers will need to show their face to a facial recognition camera to authenticate themselves.
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