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Daily G.K. - Top Stories

13 Feb 2023

DAILY G.K. TEST

Start Test

INTERNATIONAL AFFAIRS

India 4th most Powerful Nation in Asia but an 'Underachiever': Lowy Report

  • India is the fourth most powerful country in Asia, but it exerts less influence than expected given its available resources. The United States of America (USA) holds the most power in Asia, followed by China and Japan.
  • According to Australia-based think tank Lowy Institute's 2023 Asia Power Index, the gap between India's resources and its influence in Asia is widening.
  • This analysis reveals India to be an underachiever, performing less well than would be expected based on its size and available resources. Despite a small uptick in 2022, India's Power Gap has on balance deteriorated over five years, and now stands at -2.8 points.
  • In the index, India scored 36.3 points based on eight parameters: economic capability, military capability, resilience, future resources, economic relationships, defence networks, diplomatic influence and cultural influence.

ADB Approves USD 130 Million Loan for Promoting Horticulture in HP

  • The Asian Development Bank (ADB) approved a USD 130 million (over Rs. 1,072 crore) loan to increase agricultural productivity and promote horticulture agribusinesses to raise farmers' income in Himachal Pradesh.
  • More than half of Himachal Pradesh's land area is in the mountains and 90 per cent of the population lives in rural areas who are dependent on agriculture.
  • The Himachal Pradesh Subtropical Horticulture, Irrigation, and Value Addition Project will help increase the income and resilience to the effects of climate change of at least 15,000 farm households in Bilaspur, Hamirpur, Kangra, Mandi, Sirmour, Solan, and Una.
  • 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.

A New Bill: Walt Disney World Loses Control of its Own District

  • Thanks to a new bill, Walt Disney World has control of the board of its own district to Florida Governor Ron DeSantis, meaning it will lose some of the privileges and autonomy it has had since 1967.
  • As per reports, Disney World's Reedy Creek Improvement District will now be known as the Central Florida Tourism Oversight District and DeSantis will have the power to appoint all five of its board members. Florida's Senate will then be the ones to confirm the choices.
  • This decision will make it possible for Florida to tax Disney to help fund road improvements outside the parks. Disney World will also be subject to more state regulatory reviews, which "could cause the cost of building projects at the resort to balloon.
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BUSINESS AND ECONOMY

Kotak Mahindra Bank to Acquire Sonata Finance

  • Private sector lender Kotak Mahindra Bank will acquire 100 per cent equity shares of Sonata Finance Pvt Ltd, a non-banking financial company-microfinance institution (NBFC-MFI), from its existing shareholders for Rs. 537 crore.
  • The acquisition will be subject to regulatory approvals, including by the Reserve Bank of India (RBI).
  • Post-acquisition, Sonata Finance will be a wholly owned subsidiary of the bank. This acquisition will enable the bank to scale up its operations in the rural and semi-urban markets in the northern states of India.
  • It will make the bank a significant player in financial inclusion, catering to economically weaker and underserved households in a commercially-viable manner.

Airbus, Boeing and Air India Ink Agreement for Largest Purchase in History

  • In an effort to rebuild itself with a fleet that can compete with regional low-cost rivals and strong Gulf airlines like Emirates, Air India Ltd. signed deals with Airbus SE and Boeing Co. for what may end up being the largest acquisition of aircraft in commercial aviation history.
  • As per reports, the airline and the two planemakers have agreed on the broad strokes of the agreement and may publicly announce the contract as early as next week.
  • Airbus is in line to get roughly 250 orders and commitments total, made up of 210 aircraft from the A320 single-aisle family and 40 wide-body A350s.
  • With 190 737 Max aircraft and the option for 50 more, 20 787 Dreamliners and the same number as a potential top-up, coupled with 10 777x aircraft, Boeing has secured roughly 290 potential acquisitions.

Alibaba Exits India's Paytm

  • China's Alibaba Group sold its remaining stake in Indian digital payments firm Paytm for about 13.78 billion rupees ($167.14 million) through a block deal.
  • The exit came days after Paytm posted its first-ever quarterly operating profit as a listed firm, nine months ahead of its own target. Alibaba.com Singapore E-Commerce Pvt Ltd sold 21.4 million shares of Paytm at 642.74 rupees apiece, a 9% discount.
  • Paytm's stock tumbled nearly 8% to close at 650.55 rupees, but it is still up nearly 23% so far this year. It was not immediately clear why Alibaba sold the stake.
  • In January, Alibaba sold a 3.1% stake in the company through a block deal worth $125 million. Before that, the Chinese firm had a 6.26% stake in Paytm.
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SCIENCE & TECHNOLOGY

First International Conference on Digital Skilling

  • The Secretary, Ministry of Electronics & Information Technology (MeitY), Alkesh Kumar Sharma inaugurated the First International Conference on Digital Skilling under NICE-DT (NIELIT's International Conference on Communication, Electronics and Digital Technologies) in New Delhi. The event was organised by the National Institute of Electronics and Information Technology (NIELIT), under the administrative control of Ministry of Electronics & Information Technology, Government of India.
  • The International Conference fostered collaboration and knowledge-sharing among stakeholders in the field of digital skilling and develop strategies for up skilling & re-skilling workers globally to engineer the blueprint for creating "Global Future Ready Workforce" thereby contributing towards the achievement of building India as the skilling capital of the World.
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SPORTS

Ravichandran Ashwin Becomes the Fastest Indian to Pick up 450 Test Wickets

  • India spinner Ravichandran Ashwin reached his 450th Test wicket in the first Test match of the four-match India vs Australia Test series. Ashwin overtook Kumble to become the fastest India bowler to reach this feat, picking up the 450th wicket on his 89th Test match.
  • The Indian off-spinner is now the second-fastest bowler in the world to reach 450th Test wicket, only behind Sri Lankan Muttiah Muralitharan, who completed the feat in his 80th Test match.

Rene Zondag, PBI President Inaugurates Tennis Center in Pune

  • Peter Burwash International (PBI), one of the top tennis instruction programmes, has partnered with the Ileseum Club in Bavdhan, Pune, opened a second training facility in India.
  • The first PBI centre at the Padukone-Dravid Centre in Bengaluru is successfully guiding some of the prominent players like Sahaja Yamalapalli, Shrivalli Bhamidipaty and Rishi Reddy, through its Director Cesar Morales. The high performance centre has over 200 players.
  • The second centre in Pune, which is set to expand further, including to other cities like Mumbai, Solapur and Chennai, will have Milos Milunovic as its technical director.

Jean-Eric Vergne Wins Formula E in Hyderabad

  • The much-awaited Formula E made a grand debut in India with its all-electric car race on the street circuit. After an action-packed qualifying session and the 32-lap final race, Jean-Eric Vergne of team DS PENSKE automobiles emerged the winner for the 2023 Greenko Hyderabad E-Prix Round 4.
  • The winning trophy was presented by Union Minister of Youth Affairs and Sports Anurag Thakur. Nick Cassidy (Envision Racing) and Antonio Felix da Costa (TAG Heuer Porsche Formula E Team) settled for second and third places, respectively.
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NATIONAL AFFAIRS

Strict Anti-Copying Law Comes into Force in Uttarakhand

  • The country's strictest Anti-Copying Law came into force in Uttarakhand. Governor Lieutenant General Gurmeet Singh approved the Uttarakhand Competitive Examination (Measures for Prevention and Prevention of Unfair Means in Recruitment) Ordinance 2023.
  • Raj Bhavan took this step within 24 hours. Chief Minister Pushkar Singh Dhami thanked Governor for approving the proposal. Under this Anti-Copying Law, a provision to impose a fine of Rs. 10 crore along with life imprisonment or 10 years in jail for the copycat mafia. Apart from this, there is also a provision to attach the property of the copying mafia.

First National Lok Adalat of 2023 Held in J&K

  • The J&K Legal Services Authority organised first National Lok Adalat of the calendar year 2023 throughout the Union Territory. During the day-long National Lok Adalat, out of a total number of 88,723 cases taken up by 142 Benches at various courts across the UT, 75,250 Cases were disposed off and an amount of Rs. 45,05,14,697/- was awarded as compensation/settlement amount in Motor Accident Claims, civil, criminal, labour disputes, Electricity and Water Bills cases, Land Acquisition, Family matters, cheque dishonour and Bank Recovery cases. Member Secretary, J&K Legal Services Authority, Amit Gupta said that this was the first National Lok Adalat and in all four Lok Adalats will be organized during the year. The second National Lok Adalat is scheduled to be held on May 13, 2023.

Droupadi Murmu Inaugurates 2nd Indian Rice Congress in Cuttack

  • President Droupadi Murmu inaugurated the 2nd Indian Rice Congress at ICAR-National Rice Research Institute, Cuttack.
  • Speaking on the occasion, the President said, that rice is the cornerstone of food security in India and also a key factor for our economy.
  • The ARRW located at ICAR-NRRI organised the congress. ARRW is the Association of Rice Research Workers. It was founded in 1961.
  • Addressing the rice production in India, the President said that though India is the leading consumer and exporter of rice today, the situation was different when the nation became free. In those days, we were dependent on imports to meet our food requirements.
  • President Droupadi Murmu showed her delight to note that ICAR-NRRI developed India's first high protein rice, called CR Dhan 310 and NRRI has also released a high-zinc rice variety, called CR Dhan 315.
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DAYS AND EVENTS

India to Jointly Organize 12th World Hindi Conference in Fiji

  • India will organise the 12th World Hindi Conference later this month in Fiji.
  • As per Ministry of External Affairs Secretary (East), Saurabh Kumar, the 12th World Hindi Conference organised by the MEA in cooperation with the Fiji government will be held in Nadi in the South Pacific country from February 15-17.
  • A 270 member delegation from India will visit Fiji for the event and representatives from 50 countries are expected to participate in it.
  • Fiji is an archipelago of more than 300 islands in the South Pacific.
  • The decision to hold the event in Fiji was taken during the World Hindi Conference in Mauritius in 2022.
  • "The theme for the event is 'Hindi – Traditional Knowledge to Artificial Intelligence'.

World Radio Day

  • World Radio Day is celebrated every year on February 13 to mark the important role that radio plays in our lives and in society. The day was established by the United Nations General Assembly in 2012, and its history can be traced back to the first International Radio Conference in Geneva in 1974. February 13 was chosen as World Radio Day as it was the day of the establishment of the United Nations Radio in 1946.
  • The radio was invented in 1895 by Italian physicist and inventor Guglielmo Marconi. He is credited with being the first to develop a practical and successful system of wireless communication, which laid the foundation for the widespread use of radio technology.
  • The theme for the World Radio Day 2023 was 'Radio and Peace' which aimed to focus on the importance of independent radio to foster peace and prevent conflict.

Sarojini Naidu's 144th Birth Anniversary

  • Sarojini Naidu was born in Hyderabad on February 13, 1879.
  • The Nightingale of India, Sarojini Naidu, has been immortalised in history. A prominent political leader, she worked tirelessly to advance the cause of women's empowerment and equality. In recognition of her contributions to women's rights and the Independence movement, Naidu's birthday is celebrated as Women's Day in India. On this day, events and activities are held across the country to honour Sarojini Naidu and to encourage more women to take up leadership roles and make their mark in their communities.
  • The world recognises Naidu for her literary accomplishments. She has authored poetry on subjects including tragedy, romance and patriotism. Prominent Indian leaders like Gopal Krishna Gokhale were admirers of Sarojini Naidu's poetry.
  • In 1925, Sarojini Naidu became the first woman to hold the office of President of the Indian National Congress. She also participated in the Salt Satyagraha. The British government imprisoned Naidu for 21 months beginning in 1942 for her involvement in the Quit India Movement.
  • As a passionate advocate for women's rights, Sarojini Naidu put up a valiant fight. She was one of the leaders of the Women's Indian Association, which was established to promote women's rights and empowerment.
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GENDER/ HEALTH/ EDUCATION

MCD Drafts 'Vision@2047' to Improve Education with Infra Upgrade, Tech

  • The MCD prepared a roadmap to improve the quality of primary education in Delhi with a 'vision document' focussing on the development of sports infrastructure, safety and hygiene in schools, and educating students about gender equality.
  • Under 'Vision@2047', the Municipal Corporation of Delhi will focus on various initiatives to bolster its mechanism to impart primary education into a result-oriented system.
  • In this direction, the civic body is implementing the National Education Policy 2020 in all its schools with all provisions.
  • Under the 'Vision@2047', the MCD would focus on educating students about gender equality at the early childhood stage. With this objective, the MCD is planning to transform its double-shift schools into a single-shift schools, so as to allow the mingling of boys and girls from an early age, which is mandatory for inculcating the necessary values like respecting the opposite gender.
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TOURISM AND HOTEL INDUSTRY AWARENESS

India Jumps to 55th Place in ICAO's Aviation Safety Oversight Ranking: DGCA

  • India's aviation safety oversight ranking jumped to the 55th position from 112th place earlier, with a significant improvement in the country's score under the ICAO's coordinated validation mission, according to regulator Directorate General of Civil Aviation (DGCA). Under its Universal Safety Oversight Audit Programme (USOAP) Continuous Monitoring Approach, an ICAO Coordinated Validation Mission (ICVM) was undertaken in India from November 9 to 16, 2022.
  • The International Civil Aviation Organization (ICAO) undertakes audit of all the contracting states under this programme.
  • The eight audit areas of a Member State's aviation system that the programme monitors are: Primary Aviation Legislation and Civil Aviation Regulations (LEG), Civil Aviation Organization (ORG), Personnel Licensing and Training (PEL), Aircraft Operations (OPS), Airworthiness of Aircraft (AIR), Aircraft Accident and Incident Investigation (AIG), Air Navigation Services (ANS) and Aerodromes and Ground Aids (AGA).
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LAW AND CONSTITUTIONAL AFFAIRS

PIL in Supreme Court Seeks Formation of Commission to Find Out Original Names of Ancient Places Renamed after Foreign Invaders

  • Advocate Ashwini Upadhyay filed a PIL in the Supreme Court seeking directions to the Union Home Ministry to set up a Renaming Commission for finding out the original names of 'ancient historical, cultural and religious places', which had been renamed after foreign invaders, in order to maintain the sovereignty of the country, besides securing the right to dignity, religion and culture guaranteed under Articles 21, 25 and 29 of the Constitution.
  • The petitioner, while citing names of hundreds of such cities, further sought directions to the Archaeological Survey of India for conducting a research and publishing the initial names of ancient historical cultural religious places, which were renamed by barbaric foreign invaders, in order to secure the 'right to know' guaranteed under Article 19 of the Constitution.
  • The plea contended that the country was celebrating its 75th anniversary of independence, but it still had historical, cultural and religious places named after brutal foreign invaders, their servants and family members.
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