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Daily G.K. - Top Stories

10 Dec 2022

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

Nirmala Sitharaman, 5 other Indians among World's 100 Most Powerful Women

  • Forbes' 100 Most Powerful Women is a list collated by assessing the contributions and reach of women from around the world. The list featured six Indian women this year (2022), including the Finance Minister of the country.
  • The Indian women noted by Forbes include Finance Minister Nirmala Sitharaman, HCLTech Chairperson Roshni Nadar Malhotra, Securities and Exchange Board Of India (SEBI) Chairperson Madhabi Puri Buch, Biocon Executive Chairperson Kiran Mazumdar-Shaw, Nykaa founder Falguni Nayar, and Steel Authority Of India Chairperson Soma Mondal.
  • Ranked at the 36th position, Sitharaman made it to the list for the fourth time after marking her spot consistently since 2019. She was appointed as India's Finance Minister in May 2019, and in the same year, she was ranked as one of the world's most powerful women. Before stepping into the ministerial shoes, she was known to have handled important roles at the UK-based Agricultural Engineers Association, BBC World Service, and the National Commission for Women.

Sushmita Shukla, Indian-origin First Vice President of New York Fed

  • The Federal Reserve Bank of New York appointed Indian-origin Sushmita Shukla as its First Vice President, and Chief Operating Officer (COO), making the insurance industry veteran its highest-ranked official after President and CEO, John C Williams.
  • She has served in leadership roles in the insurance industry. In a career spanning more than twenty years, she has primarily led operations, technology, and enterprise-wide transformation efforts.
  • Since January 2018, she has been working with Chubb, which is based in New York, and is the world's largest publicly traded property and casualty insurance company. She is its Senior Vice President, and Chief Operations Officer (International Accident and Health).
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BUSINESS AND ECONOMY

Bank of Baroda Wins EAG Laureate Award on Financial Security

  • State-owned Bank of Baroda bagged an EAG Laureate award in the International Olympiad of Financial Security held at Sochi, Russia.
  • The Eurasian group on combating money laundering and terrorism (EAG) is a FATF type regional group, which comprises of 9 members including India. The 9 countries are: Belarus, China, Kazakhstan, Kyrgyzstan, India, Russia, Tajikistan, Turkmenistan and Uzbekistan. EAG is an associate member of the FATF.
  • It is the second largest public sector bank in India after State Bank of India (SBI). The banks in which the government of India holds 51% or more equity shares are called public sector banks in India.

Ashok Leyland Appoints Shenu Agarwal as New Managing dirEctor, CEO

  • Ashok Leyland, the flagship company of the Hinduja Group and India's leading commercial vehicle manufacturer, announced the appointment of Shenu Agarwal as its new Managing Director and Chief Executive Officer.
  • Shenu joined Ashok Leyland from Escorts Kubota Ltd, where he was president. He was Chief Executive for the agribusiness for more than seven years and associated closely with the transformation of Escorts into a leadership position by ushering in contemporary global standards of design, quality, and manufacturing.

ADB Approves $780 mn Loan to Expand Chennai's Metro Rail Network

  • The Asian Development Bank (ADB) approved financing of $780 million to build new lines for Chennai's metro rail and improve the network's connectivity with bus and feeder services.
  • This project will expand Chennai's metro rail system to provide a safe and integrated transport solution essential in improving urban mobility and make the city more liveable.
  • ADB and the Indian government last year signed a deal for a $500 million loan to expand Bengaluru's metro rail network by constructing two new lines of 56 km length. ADB has committed $57.75 billion for 826 projects in India: of that 18.85 billion is for 188 transportation projects.
  • ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
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SCIENCE & TECHNOLOGY

ISRO Will Develop "Spatial Data Infrastructure Geoportal 'Geo-Ladakh' for Ladakh

  • Ladakh approached the Indian Institute of Remote Sensing (IIRS), a unit of Indian Space Research Organisation (ISRO) for developing "Spatial Data Infrastructure geoportal 'Geo-Ladakh' for UT-Ladakh". This portal will be used to find, access, distribute & contribute geospatial information and its associated geographic services such as navigation, buffer, measurements analysis, metadata catalogue, map catalogue and more.
  • The project also aims towards training of UT-Ladakh officials on geospatial techniques and applications. The portal provides geospatial data visualization and analytics for UT-Ladakh, consisting of the spatial viewer, carbon neutrality, geospatial utility mapping and geo-tourism.
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SPORTS

McLaughlin-Levrone, Mondo Duplantis Won 'World Athlete of the Year' Awards

  • World champion American hurdler Sydney McLaughlin-Levrone and Swedish pole vaulter Armand "Mondo" Duplantis won the World Athlete of the Year awards.
  • McLaughlin-Levrone broke the world women's 400m hurdles record twice while Duplantis set three new world highs this year.
  • US-born Swede Duplantis claimed the award for the second time in three years with three world records in 2022 plus the men's world indoor title in March and the world outdoor gold in July.
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NATIONAL AFFAIRS

Delhi Gets its First Transgender Councillor as AAP's Bobby Kinnar

  • The national capital's municipal corporation got its first transgender councillor as Bobby Kinnar, who was fielded by the Aam Aadmi Party, won from Sultanpuri 43 A ward of Sultanpur Majra Assembly.
  • Bobby defeated Congress's Varuna Dhaka by 6,714 votes.
  • Bobby is a known face in the Sultanpuri area. She had also contested the MCD elections in 2017 as an independent candidate. She has been associated with the AAP since the Anna Hazare movement and later when the party was formed.
  • Bobby Kinnar is the president of the Delhi unit of 'Hindu Yuva Samaj Ekta Awam Anti-Terrorism Committee'. Bobby has been associated with this organisation for the last 15 years.

Election Commission Accepts Name Change of TRS to Bharat Rashtra Samithi

  • The Election Commission informed TRS president and Chief Minister K Chandrasekhar Rao that it has accepted the name change of his party from Telangana Rashtra Samithi to Bharat Rashtra Samithi.
  • Telangana's ruling TRS on October 5 changed its name to 'BRS', heralding the party's foray into 'national politics'. A resolution to this effect was passed at the party's general body meeting here. Rao read out the resolution and announced that the party's general body meet unanimously resolved to change the name from TRS to BRS.
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PERSONS IN NEWS

Home Retailer Pottery Barn Ropes in Deepika Padukone as Brand Ambassador

  • Pottery Barn, an American company and a portfolio brand of Williams-Sonoma, roped in Deepika Padukone as its brand ambassador.
  • The leading digital-first, design-led and sustainable home retailer announced that the actress was signed to promote Pottery Barn's international expansion, which began with the launch of potterybarn.in in July.
  • Williams-Sonoma, Inc. is an American publicly-traded consumer retail company that sells kitchenware and home furnishings. It is headquartered in San Francisco, California, US.
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DAYS AND EVENTS

Human Rights Day

  • Human Rights Day is celebrated every December 10 to create awareness and mobilize political will to promote respect for the rights and freedoms enshrined in the Universal Declaration of Human Rights adopted by the United Nations General Assembly in 1948.
  • Human Rights Day is the day in 1948 the United Nations General Assembly adopted the Universal Declaration of Human Rights.
  • The formal inception of Human Rights Day dates from 1950, after the Assembly passed resolution 423(V) inviting all States and interested organisations to adopt December 10 of each year as Human Rights Day.
  • The 2022 theme of Human Rights Day was 'Dignity, Freedom, and Justice for All'.
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GOVERNMENT POLICIES AND SCHEMES

Rajasthan Govt. Implements New Rural Tourism Scheme

  • The Rajasthan government started a rural tourism scheme, offering concessions to prospective investors.
  • According to the policy, the state government will promote tourism units that showcase rural life, art, culture, and heritage.
  • Local people in rural areas are expected to get employment through this scheme, called Rajasthan Rural Tourism Scheme.
  • Various sops are being offered under it. There will be concession in stamp duty. In the beginning 25 per cent stamp duty will be payable, but after the start of the tourism unit and on submitting the certificate, the amount will be reimbursed.
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LAW AND CONSTITUTIONAL AFFAIRS

Three Additional Judges to be Made Permanent Judges of Kerala High Court: Supreme Court Collegium

  • The Supreme Court Collegium recommended three additional judges of the Kerala High Court be made permanent judges of that Court.
  • In the Collegium meeting the names of Justice Abdul Rahim Musaliar Badharudeen, Justice Viju Abraham and Justice Mohammed Nias CP were recommeded.
  • The Kerala High Court is functioning at a strength of 37 as opposed to a sanctioned strength of 47(as of November 1, 2022)
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