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General Awareness

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Daily G.K. - Top Stories

05 Oct 2023

DAILY G.K. TEST

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ENVIRONMENT

NIIF and JBIC Launch $600 Million India-Japan Fund to Boost Investments in Environmental Sustainability

  • The National Investment and Infrastructure Fund (NIIF) and the Japan Bank for International Cooperation (JBIC) jointly launched the India-Japan Fund (IJF). The $600 million fund has the JBIC and Government of India (GoI) as its anchor investors.
  • The joint initiative is focused on increasing investments in environmental sustainability and low-carbon emission strategies.
  • The IJF is NIIF's first bi-lateral fund, with the government of India contributing 49 per cent of the target corpus and JBIC contributing the remaining 51 per cent.
  • NIIF Limited (NIIFL) and JBIC IG (a subsidiary of JBIC) will support NIIFL in promoting Japanese investments in India and manage the $600 million fund.
  • The fund aims to play the role of being a 'partner of choice' to increase Japanese investments in India.
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BUSINESS AND ECONOMY

IndusInd Bank Launches Digital Banking App

  • IndusInd Bank unveiled its digital banking application, INDIE, setting a target to onboard 10 million customers within the next three years. Sumant Kathpalia, MD & CEO of IndusInd Bank, highlighted the app's pivotal role in boosting the bank's customer base from 33 million to a projected 45 million.
  • Kathpalia mentioned that the bank's focus is on acquiring a majority of mass banking customers through INDIE rather than traditional branches. In the next six months, the bank anticipates 70% of its mass banking customers to come onboard through this app.

Fintech Unicorn Slice Announces Merger with North East Small Finance Bank

  • Fintech credit and payments start-up Slice and Guwahati-based North East Small Finance Bank (NESFB) announced a merger between the two entities.
  • The banking regulator, the Reserve Bank of India approved the deal, a first-of-its-kind development in the fintech and banking space.
  • Slice and NESFB customers will have access to a broad range of products and omnichannel offerings.

TCS Signs with Asda in Disinvestment and Digital Transformation Deal

  • Information technology (IT) major Tata Consultancy Services (TCS) announced a multi-year partnership with British retail firm Asda to implement a new organisation-wide IT operating model. TCS stated that it has expanded its strategic partnership with Asda to transform its technology landscape and operating model for future growth, following Asda's disinvestment from Walmart.
  • TCS indicated that the partnership will leverage TCS's cloud, artificial intelligence (AI), and security solutions to help Asda carry out the divestiture smoothly and securely. TCS will also assist Asda in enhancing its customer experience and innovation capabilities to help increase its market share and retain price leadership.
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SCIENCE & TECHNOLOGY

NASA to Launch Psyche Mission to Study an Asteroid

  • NASA is all set to send a high-tech spacecraft called Psyche on a 2.2 billion mile journey to study a metal-rich asteroid of the same name on October 12. The asteroid is known as 16 Psyche.
  • The asteroid lies in the outer portion of the main asteroid belt between Mars and Jupiter.
  • The goal of the mission is to study this space rock in great detail as it can tell us more about planetary cores and Earth's own formation.
  • The agency says that this will be the first mission to an asteroid with substantial amounts of metal, as previous missions have explored asteroids made mostly of rock or ice. The asteroid Psyche may be part of the interior of a planetesimal, a building block of a rocky planet.
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SPORTS

Asian Games 2023, Annu Rani Wins Gold in Women's Javelin Throw

  • India's Annu Rani bagged gold in women's javelin throw at Asian Games. Annu touched 62.92 m, which was her season's best throw and topped the chart.
  • She became the first Indian woman to win a javelin gold in Asian Games history.
  • Sri Lanka's Nadeesha Dilhan Lekamge Hatarabage, with 61.57 metres throw, and China's Huihui Lyu, with 61.29 metres throw, won silver and bronze, respectively.

ICC Names Sachin Tendulkar as 'Global Ambassador' for ODI World Cup 2023

  • The International Cricket Council (ICC) made an exciting announcement, designating the legendary cricketer Sachin Tendulkar as the 'Global Ambassador' for the highly anticipated Cricket World Cup 2023, which kicked off in the vibrant city of Ahmedabad, India.
  • Sachin Tendulkar, who etched his name into the annals of cricket history, holds the record for participating in six 50-over World Cups.
  • In addition to Sachin Tendulkar, the ICC assembled an impressive group of cricketing legends to serve as ambassadors for the World Cup 2023. This eclectic mix includes West Indies' icon Vivian Richards, South Africa's cricketing maestro AB de Villiers, England's World Cup-winning captain Eoin Morgan, Australia's formidable Aaron Finch, Sri Lanka's spin wizard Muttiah Muralitharan, New Zealand's stalwart Ross Taylor, India's charismatic Suresh Raina, former captain Mithali Raj, and Pakistan's versatile all-rounder Mohammad Hafeez.

FIFA World Cup 2030 to be Hosted by Morocco, Spain and Portugal, Three Games in S. America

  • Morocco, Spain and Portugal were named hosts of the 2030 football World Cup, while Uruguay, Argentina and Paraguay will host the opening matches to mark the tournament's centenary, world football body FIFA announced.
  • This decision by FIFA marks the first time the World Cup will be staged across three continents and six countries.
  • The FIFA Council unanimously agreed that the sole candidacy will be the combined bid of Morocco, Portugal, and Spain, which will host the event in 2030 and qualify automatically from the existing slot allocation.
  • The inaugural World Cup in 1930 was held in Uruguay and won by the hosts after they defeated Argentina in the final in Montevideo.
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NATIONAL AFFAIRS

50th India International Knit Fair to be Held from October 12 to 14

  • The India Knit Fair Association (IKFA) will organise the 50th edition of India International Knit Fair in Tiruppur, Tamil Nadu from October 12 to 14.
  • Organised in association with the Apparel Export Promotion Council and the Tiruppur Exporters' Association, the theme for the event this year (2023) is 'Active & sportswear, Environmental Social Governance, Artificial Intelligence (AI) & Digitalization'.
  • Seventy exhibitors from Tiruppur, Chennai, Coimbatore, Karur, and Gujarat will take part in the fair.
  • Chairman of the Association, A. Sakthivel said that the IKFA tied up with Sourcing Consultants Association, Association of Buying Agents for Textiles, Brand Sourcing Leaders, and the NIFT Alumni. Leading buyers and their representatives from Europe, US, UK and other countries have been invited for the fair.
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DEFENCE

Navy Brings Out Dual-chip Debit Card for Offline Transaction by Personnel in High Seas

  • Defence Minister Rajnath Singh unveiled a unique dual-chip debit card that has been developed primarily to facilitate naval personnel at high seas carry out offline transactions if required. The 'SBI NAVeCash Card' can be used in online mode (as a regular debit card) as well as in offline mode while at sea with no direct connectivity with banks.
  • It is a one-of-its-kind dual-chip debit card developed by the State Bank of India (SBI) and the Indian Navy.

India Gets Going with Project Kusha

  • The Defence Ministry cleared the Project Kusha of the Indian Air Force under which it is going to get five units of the Long Range Surface to Air Missile (LR-SAM) which would be similar to the capabilities of the Russian-origin S-400 air defence missile systems, three squadrons of which have already been inducted in the service.
  • The Project Kusha was given approval for worth around Rs. 21,700 crores and would be carried out by the Defence Research and Development Organisation (DRDO) jointly with private and public sector industry.
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DAYS AND EVENTS

World Teachers' Day

  • World Teachers' Day, observed annually on October 5, is a global celebration dedicated to honouring the invaluable contributions of teachers to society.
  • In 1966, UNESCO and the International Labour Organization (ILO) joined forces to convene the Special Intergovernmental Conference on the Status of Teachers in Paris.
  • The conference led to the adoption of the UNESCO/ILO Recommendation concerning the Status of Teachers, a seminal document that delineates the rights and responsibilities of teachers, as well as standards for their preparation, recruitment, employment, and working conditions.
  • World Teachers' Day was inaugurated on October 5, 1994.
  • Since then, it has grown into a globally recognized annual event that honours teachers and their contributions to education.
  • The theme for World Teachers' Day 2023 is 'The Teachers We Need for the Education We Want: The Global Imperative to Reverse the Teacher Shortage'. It aims to reduce the shortage in number of teachers and increase their strength globally.
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AWARDS AND HONOURS

Nobel Prize in Chemistry 2023

  • The Nobel Prize in Chemistry 2023 was awarded to Moungi Bawendi, Louis Brus and Alexei Ekimov for the discovery and synthesis of quantum dots.
  • Independently of each other, Ekimov and Brus succeeded in creating quantum dots, and Bawendi revolutionised the chemical production.
  • Quantum dots now illuminate computer monitors and television screens based on QLED technology. They also add nuance to the light of some LED lamps, and biochemists and doctors use them to map biological tissue.

Ruixiang Zhang Recipient of 2023 SASTRA Ramanujan Prize in Mathematics

  • Mathematician Ruixiang Zhang, an Assistant Professor at the University of California, Berkeley, USA, was named the recipient of the prestigious 2023 SASTRA Ramanujan Prize. This award recognized his remarkable contributions to the field of mathematics. The prize, which includes a cash award of $10,000, will be presented during an international conference in Number Theory, held in the hometown of the renowned mathematician Srinivasa Ramanujan, at SASTRA University in Kumbakonam, Tamil Nadu during the third week of December.
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GOVERNMENT POLICIES AND SCHEMES

PM SVANidhi Scheme Surpasses 50 Lakh Beneficiaries Mark

  • The Prime Minister Street Vendor's AtmaNirbhar Nidhi, or PM SVANidhi scheme, achieved a significant milestone by providing assistance to over 50 lakh street vendors across the country. Street vendors have long been essential contributors to the urban informal economy, offering vital goods and services to urban residents.
  • Administered under the Ministry of Housing and Urban Affairs, this scheme has been instrumental in integrating street vendors into the formal economic sector, offering them new opportunities for upward mobility.
  • Launched on June 1, 2020, the PM SVANidhi Scheme is a micro-credit initiative aimed at providing collateral-free working capital loans of up to 50 thousand rupees to urban street vendors.
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GENDER/ HEALTH/ EDUCATION

New UGC Teacher Training Scheme Named after BHU Founder has Indian Cultural Themes

  • The University Grants Commission (UGC) introduced a new teaching initiative, named the 'Malaviya Mission Teacher Training Programme' (MMTTP), in honour of the founder of the Banaras Hindu University (BHU), Pandit Madan Mohan Malaviya.
  • The UGC detailed the MMTTP through a brochure which introduces eight different themes for teacher training.
  • Under the umbrella theme of 'Holistic Education', these subjects discuss various aspects of Indian cultural and intellectual traditions.

UP Govt. Brings AI and Coding to Madrassa Curriculum

  • The Uttar Pradesh (UP) government decided to introduce artificial intelligence and coding to madrassa students. This initiative has been planned and taken forward by the Yogi government to equip madrassa students with a robust digital education and bring them in line with other education boards.
  • The UP government's announcement is a major step towards the integration of digital literacy, coding, and artificial intelligence into the curriculum of madrassa education in the state.
  • In addition to the necessary resources required for the programme, the government also pledged support for the training of madrassa teachers for effective teaching of these subjects.
  • As part of this digital literacy initiative, an orientation module on artificial intelligence was launched in Lucknow. The training programme will include both school and madrassa teachers.
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TOURISM AND HOTEL INDUSTRY AWARENESS

Central Railway Station Awarded Platinum Shield by IGBC

  • The Dr. MGR Chennai Central railway station was awarded the platinum certificate by the Indian Green Building Council (IGBC) for developing the railway station into a net zero energy building. Southern Railway General Manager R. N. Singh received the IGBC platinum shield from Ajith Kumar Chordia, Chairman of IGBC.
  • The recognition was awarded for the station's efforts in becoming energy-efficient by utilizing renewable energy sources, such as a 1.80 MW rooftop solar plant, LED lighting, and energy-efficient fans. Additionally, a water recycling plant has contributed to water resource conservation, and these initiatives have collectively prevented the emission of 3,24,400 kilograms of carbon per year.

EaseMyTrip, Uttarakhand Govt. Sign MoU to Make State a Global Tourism Spot

  • Online travel tech platform EaseMyTrip and the government of Uttarakhand signed a memorandum of understanding (MOU) to elevate Uttarakhand's standing as a global tourism hotspot, under a deal worth over Rs. 250 crore.
  • The MOU was signed during the Global Investors Summit in London, in the presence of Uttarakhand Chief Minister Pushkar Singh Dhami.
  • The collaboration will witness the launch of an extensive series of dynamic joint marketing campaigns, strategically designed to target diverse markets such as the UK/Europe, the Middle East, Asia, US/Canada, and more. Leveraging EaseMyTrip's extensive global reach and robust platforms, these campaigns are poised to significantly amplify awareness and attract tourists and events to the captivating state of Uttarakhand.
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LAW AND CONSTITUTIONAL AFFAIRS

Justice Anant Badar is Chairperson of Bihar State Human Rights Commission

  • Former judge of the Patna High Court, Justice Anant Badar was appointed the chairperson of the Bihar State Human Rights Commission (BSHRC).
  • Justice Badar was initially appointed as a judge of the Bombay High Court in March 2014, where he served for nearly six years. He was then transferred to the Kerala High Court in June 2020 and thereafter to the Patna High Court in October 2021.
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