DAILY GK: 01 OCT 2021

 DAILY GK: 01 OCT 2021

1. EXPERT GROUP FOR MINIMUM WAGES RECONSTITUTED

      Barely three months after the committee was set up, the Labour Ministry reconstituted the expert group responsible for determining the national floor level minimum wages under the Code on Wages.

      Economist and statistician SP Mukherjee will lead the 9-member group.

      In January 2019, the seven-member committee suggested a national minimum wage at Rs 375 per day or Rs 9,750 per month irrespective of sectors, skills, occupations and rural-urban locations.

 

2. INDIA EXPORT INITIATIVE AND INDIAXPORTS 2021 PORTAL

      The Union Minister for Micro, Small and Medium Enterprises (MSMEs), Narayan Tatu Rane virtually inaugurated the India Export Initiative and SME (Small and Medium Enterprises) Forum’s portal IndiaXports 2021 India  in New Delhi.

      It will enhance the exports and ensure localisation.

      It will work as a global manufacturing powerhouse by improving India’s manufacturing base.

 

3. ATAL COMMUNITY INNOVATION CENTER LAUNCHED

      India’s 1st Atal Community Innovation Center (ACIC) launched at Vivekananda Global University (VGU), Jaipur, Jagatpura, Rajasthan.

      It will be set up by Atal Innovation Mission (AIM) and NITI Aayog.

 

4. ‘DIGITAL QUALITY OF LIFE INDEX 2021

      India was positioned at an overall rank of 59th among 110 countries in the 3rd edition of ‘Digital Quality of Life Index (DQL) 2021’ prepared by cybersecurity company ‘Surfshark’.

      This is 2 positions lower than the 57th rank secured by India in the 2020 Index.

      For the 2nd consecutive time, Denmark topped the ranking, followed by South Korea & Finland in 2nd & 3rd positions.

      Note – India shares 49th rank along with Thailand, in the ‘2021 Inclusive Internet Index’ by The Economist Intelligence Unit (EIU), where the ranking was topped by Sweden.

 

5. RBI TAKES IOB OUT OF PCA FRAMEWORK

      Reserve Bank of India (RBI) removed Indian Overseas Bank (IOB) from the Prompt Corrective Action Framework (PCAF) as the performance of bank is compliant with the PCA parameters.

      With this, IOB committed to comply with the norms of Minimum Regulatory Capital, Net NPA (non-performing assets) and leverage ratio on an ongoing basis.

      Currently, Central Bank of India is the only lender under the RBI’s PCA framework.

 

6. SURYODAY SFB TO SHUT DOWN ITS ATMS

      Suryoday Small Finance Bank (SFB) is set to shut down its Automated Teller Machines (ATMs) and discontinue its ATM services from 1st October 2021.

      The customers can use their ATM or Debit card at other Banks’ ATMs to withdraw cash and for other services, the customers can use internet banking and mobile banking.

      Suryoday SFB has become the first lender to discontinue its ATM services.

 

7.2021 RIGHT LIVELIHOOD AWARD

      Delhi-based environmental organisation Legal Initiative for Forest and Environment (LIFE) has won the 2021 Right Livelihood Award, for empowering communities in areas ranging from child protection to environmental defence.

      The award is also known as Sweden’s alternative Nobel Prize given by the Swedish Right Livelihood Foundation.

 

8. NEW PM OF JAPAN

      Former Foreign Minister Fumio Kishida(64 years old) has been elected as the president of the ruling Liberal Democratic Party(LDP) and set to become the next and the 100th Prime Minister(PM) of Japan.

      He will be succeeding Yoshihide Suga, who stepped down as Japan’s PM.

 

9. NORTH KOREA TEST-FIRED HWASONG-8

      The North Korean Academy of National Defense Science has test-fired a newly-developed hypersonic missile, ‘the Hwasong-8’.

      Hwasong series missiles used liquid-propellant engines with an ampoule fuel system.

      North Korea has used the ampoule fuel system for the 1st time.

 

10.2021 OSTRAVA OPEN WOMEN’S DOUBLES TITLE

      Sania Mirza and her Chinese partner Shuai Zhang won the 2021 Ostrava Open women’s doubles title by defeating the pair of Kaitlyn Christian and Erin Routliffe in the women’s doubles final of the Ostrava Open held in Ostrava, Czech Republic.

 

11. BOOK- “JUNGLE NAMA: A STORY OF THE SUNDARBAN”

      “Jungle Nama: a story of the Sundarban” authored by Jnanpith Awardee Amitav Ghosh has been released as an audiobook voiced by Ali Sethi, US-based Singer-writer, who has also created the background music and ambient sound for the audiobook.

 

12. INTERNATIONAL TRANSLATION DAY 2021 – SEPTEMBER 30

      The United Nations (UN)’s International Translation Day is annually observed across the globe on September 30th as a tribute to the language professionals.

      The theme of  2021 is “United In Translation”, which was chosen by the International Federation of Translators(FIT- Fédération Internationale des Traducteurs).

 

13. WORLD MARITIME DAY 2021 – SEPTEMBER 30

      The United Nations (UN)’s World Maritime Day (WMD) is annually observed across the globe during the last Thursday of September to recognise the contribution of the international maritime industry towards the world’s economy and sustainable development.

      The day is annually observed by the International Maritime Organization (IMO).

      The theme of 2021 is “Seafarers at the core of shipping’s future”.