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Daily G.K. - Top Stories

28 Jul 2023

DAILY G.K. TEST

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BUSINESS AND ECONOMY

Asian Paints Appoints former Ashok Leyland MD R. Seshasayee as Chairman

  • Asian Paints announced that its board approved the appointment of R. Seshasayee, as the Chairman of the board and the company, with effect from October 1, 2023. He will continue to hold the position till January 22, 2027.
  • Seshasayee will replace Deepak Satwalekar, whose term ends on September 30.
  • Seshasayee was the Managing Director of Ashok Leyland Limited from 1998 to 2011, the Executive Vice Chairman from 2011 to 2013 and the Non-Executive Vice Chairman from 2013 to 2016.
  • He was also the Non-Executive Chairman of IndusInd Bank from 2007 to 2019. He has served as an Independent Director on the Boards of various companies, including ICICI Bank and Infosys Ltd (Chairman from 2015 to 2017). He was the President of Society of Indian Automobile Manufacturers during 2001- 2003 and President of Confederation of Indian Industry during the year 2006-2007.
  • Seshasayee was appointed as an Independent Director of Asian Paints Limited on January 23, 2017.

Federal Bank Launches NR Savings Accounts for NRI Women

  • Federal Bank, on the occasion of the start of the FIFA Women's World Cup, announced the launch an exclusive NR savings account scheme, specifically curated for NRI women.
  • This scheme, named NRE Eve+, is designed to cater to the unique financial needs of NRI women, offering a range of benefits tailored to enhance the financial journey of NRI women. The global virtual launch witnessed the unveiling of the product theme by Shyam Srinivasan, MD & CEO, Federal Bank.
  • With NRE Eve+, account holders will enjoy complimentary access to international and domestic airport lounges, providing a seamless and luxurious travel experience. The power-packed NRE Eve+ debit card unlocks a world of customised offers, including exclusive deals on beauty, healthcare, shopping, dining, travel, and entertainment, tailored to suit women's preferences. Zero balance savings accounts are available for two children below 12 years of age. Complimentary insurance coverage is available up to Rs. 78 Lakh, including child education benefits, accidental death, hospital cash, and card protection.
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SCIENCE & TECHNOLOGY

India AI' and Meta, Sign MoU to Foster Advancements in AI

  • In order to foster collaboration in the field of AI and Emerging Technologies, 'India AI' – an IBD under Digital India Corporation and Meta, India signed an MoU. The MoU was signed by Abhishek Singh, CEO of India AI, and Shivnath Thukral, Director & Head of Public Policy, Meta in India.
  • The objective of the MoU is to establish a framework for collaboration and cooperation between 'India AI' and Meta in the field of Artificial Intelligence & Emerging Technologies including to make Meta's open-source AI models available for use by Indian AI ecosystem.
  • India AI and Meta will strive to enhance accessibility to AI compute resources for researchers, start-ups, and organizations with limited resources. Knowledge sharing and collaboration in AI & Emerging Technologies will be facilitated through workshops, seminars, conferences, and similar platforms.
  • India AI and Meta share a common goal of raising awareness about AI's potential benefits and risks among various stakeholders, including policymakers, businesses, civil society, and the general public. They will also work together to promote responsible AI practices through the collaborative development of comprehensive tools and guidelines.
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SPORTS

Aditya Samant Becomes India's 83rd Chess Grandmaster

  • Aditya Samant became India's 83rd Grandmaster after earning his third GM norm at the Master Tournament (MTO) in the Biel International Chess Festival in Switzerland.
  • The Maharashtra player had earned his first norm to become a grandmaster at the Abu Dhabi Masters in August 2022.
  • His second norm was achieved in December 2022 at the 3rd El Llobregat Open.
  • According to Chessbase India, Aditya has already crossed 2500 in the live ratings, to achieve his third norm, he just needed to play his 9th round game against Aryan Chopra.
  • Aditya is the third Indian to achieve their final GM norm at the Biel Chess tournament. In 2021, Harshit Raja had earned his 3rd GM norm in Biel, while Pranav Anand had done the same in Biel in 2022.

Sports Ministry Accords Recognition to Handball Association of India

  • The Union Ministry of Youth Affairs & Sports granted official recognition to the Handball Association of India (HAI) as the National Sports Federation (NSF) responsible for promoting and regulating the sport within the country with immediate effect.
  • Handball Association of India was formed on June 15, 1972 by Jagat Singh Lohan. His contributions during the Munich Olympics played a crucial role in laying its foundation.
  • HAI serves as the governing body for handball in India and has been a member of the Asian Handball Federation (AHF) and the International Handball Federation (IHF) since 1974. Additionally, it is also a member of the Commonwealth Handball Association and the South Asian Handball Federation.
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NATIONAL AFFAIRS

Ministry of Earth Sciences celebrates its 17th Foundation Day in New Delhi

  • The Ministry of Earth Sciences celebrated its 17th Foundation Day at its Prithvi Bhavan headquarters in New Delhi. Union Minister Kiren Rijiju launched several citizen-centric initiatives to mark this occasion. He lauded the Ministry's efforts and highlighted that Prime Minister Narendra Modi envisions the country becoming a developed nation by 2047. He added that in order to fulfill this vision, every citizen and institution will have to contribute substantially in a focused and targeted manner.
  • Earth Sciences Ministry is mandated to provide services for weather and climate, ocean and coastal state, hydrology, seismology, and natural hazards.
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DEFENCE

Taiwan's Main Airport Becomes Battleground for Simulated Chinese Invasion

  • Taiwan's Taoyuan International Airport became the scene of a simulated Chinese invasion for the first time ever as the island's military conducted an anti-takeover drill to fend off any possible attack from Beijing.
  • The drill was designed to test the Taiwanese military's cross-branch coordination and emergency response capabilities during a simulated Chinese invasion.
  • The exercise was part of Taiwan's week-long massive wargames — the annual 'Han Kuang' (Han Glory) drills — which this year has included protecting civilian airports as Beijing ramps up military and political pressures on the island.
  • This is the first such drill held at Taiwan's biggest airport near the capital since it opened in 1979.
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PERSONS IN NEWS

Norwegian Woman, Nepal Sherpa Summit 14 Super Peaks, Set Record

  • A Norwegian woman and her Nepali guide set the record for the fastest summit of all 14 of the world's 8,000-metre (26,000-feet) mountains.
  • Kristin Harila and Tenjin Sherpa completed the feat in three months and one day after summiting Pakistan's K2, the last peak on their quest.
  • The record reflects their unwavering determination, teamwork, and sheer tenacity throughout this monumental endeavour.
  • The pair surpassed Nepal-born British adventurer Nirmal Purja's record of six months and six days, set in 2019.
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DAYS AND EVENTS

World Hepatitis Day

  • World Hepatitis Day is observed on July 28 every year with the primary objective of raising awareness about hepatitis on a global level.
  • World Hepatitis Day, initially observed on May 19, was later moved to July 28 in 2010. The World Hepatitis Alliance, established in 2007, organized the first community-driven World Hepatitis Day in 2008. This decision came after the World Health Assembly decided to honour the birthday of Dr. Baruch Samuel Blumberg, the American physician credited with discovering Hepatitis B in the 1960s.
  • World Hepatitis Day is an opportunity to step up national and international efforts on hepatitis, encourage actions and engagement by individuals, partners and the public and highlight the need for a greater global response as outlined in the WHO's Global hepatitis report of 2017.
  • The theme for World Hepatitis Day 2023 is 'One life, One liver'.

World Nature Conservation Day

  • World Nature Conservation Day is celebrated annually on July 28. The main purpose of celebrating this day is to create awareness among people about the importance of the natural environment and its resources.
  • The exact history behind celebrating the World Nature Conservation Day is still unknown.
  • The theme of World Nature Conservation Day 2023 is 'Forests and Livelihoods: Sustaining People and Planet'.
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AWARDS AND HONOURS

Heritage Byculla Railway Station Receives the UNESCO Award 2023

  • The heritage Byculla Railway station which was restored to its original glory, received the UNESCO award. The award was declared in November 2022.
  • UNESCO's Asia Pacific Cultural Heritage award for Byculla Station was presented to Railway Minister Ashwini Vaishnav.
  • The 169-year-old Byculla railway station in Mumbai is one of the oldest railway stations in India still in use.
  • Infact, the Chhatrapati Shivaji Maharaj Vastu Sangrahalaya (CSMVS) also won the highest award of excellence in the UNESCO Asia Pacific awards 2022, for cultural heritage conservation last year, when Byculla railway station was given the recognition.
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GOVERNMENT POLICIES AND SCHEMES

Lok Sabha Passes Jan Vishwas Bill to Promote Ease of Business

  • Lok Sabha passed the Jan Vishwas (Amendment of Provisions) Bill, 2023 that seeks to promote ease of business by decriminalising minor offences by amending 183 provisions in 42 acts.
  • The Bill was discussed and passed in Lok Sabha through a voice vote as Opposition members protested and raised slogans on the Manipur issue. They have been demanding Prime Minister Narendra Modi make a statement in Parliament on the violence in the north-eastern state.
  • The bill converts several fines to penalties, meaning that court prosecution is not necessary to administer punishments. It also removes imprisonment as a punishment for many offences. All offences under the Post Office Act, 1898 are being removed.
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GENDER/ HEALTH/ EDUCATION

IIM Kozhikode to Set Up India-Japan Study and Research Centre

  • The Indian Institute of Management (IIM) Kozhikode will soon set up a India-Japan Study and Research Centre. The aim of this centre is to enhance the management education and research competencies in the specific areas of mutual interest between both the countries.
  • This partnership will bring in student exchange programmes with several Japanese Institutes of higher learning.
  • This will also promote understanding of Japan in India and India in Japan through research, training and other management development programmes.
  • Prof. Rajib Shaw of Keio University Japan was appointed as Visiting Professor for advice to IIMK on Centre activity from Japan.

First-ever Transgender Birth Certificate Issued to Noor Shekhawat in Rajasthan

  • Noor Shekhawat became the first transgender person in Rajasthan to be issued a birth certificate with the gender recorded as transgender. In her old birth certificate, her gender was marked as male. Shekhawat was handed her new birth certificate by municipal and state government officials. She runs an NGO for the transgender community and also wants to complete her graduation.
  • Bhanwarlal Bairwa, Director of Economic and Statistics Department and Chief Registrar (Births and Deaths), issued Rajasthan's first transgender birth certificate to Noor Shekhawat of Jaipur. Bhairwa said that along with the birth records of males and females, the birth records of transgender persons will now be available on the corporation's portal.
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LAW AND CONSTITUTIONAL AFFAIRS

Orissa High Court Celebrates 75 Years

  • The Orissa High Court completed its 75 years of existence. A series of functions were held by the High Court to acknowledge the contributions of various people in taking forward the institution to greater heights over the last 75 years.
  • A Valedictory Ceremony was held at Jawaharlal Nehru Indoor Stadium, Cuttack where Droupadi Murmu, President of India graced the occasion as the Chief Guest. Prof. Ganeshi Lal, Governor of Odisha and Mr. Jagannath Saraka, Minister of Law, ST & SC Development, Government of Odisha attended the function as the Guests of Honour.
  • Justice S. Muralidhar, Chief Justice of the High Court was present at the function. Among others, the sitting and former Judges of the High Court, senior advocates, office bearers and members of the High Court Bar Association, officers of Postal Department and the State Government also attended the function.
  • On July 26, 1948, the Orissa High Court was formally inaugurated.
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