DAILY GK: 25 FEB 2022
1.
INDIAN RAILWAYS AND BHEL
JOINS TO CREATE INDIA’S FIRST RAILWAY SOLAR POWER PLANT
·
Indian Railways along Bharat Heavy Electricals Limited
(BHEL), has Successfully commissioned India’s first Solar Photovoltaic Plant of
1.7-MegaWatt (MW) at Bina, Madhya Pradesh. The plant is under extensive testing
and will be in operation for Indian Railways.
·
The construction of a solar plant by Indian Railways is
a step to fulfil its self-sufficient energy needs by ‘Atmanirbhar Bharat’.
·
The installation of the solar plants is to achieve
conversion of Indian Railways to ‘Net Zero’ Carbon Emission and ‘Go Green’ by
2030.It also Aim to reduce 2,160 tonnes of carbon dioxide emission every year.
2.
EAM S.JAISHANKAR’S VISIT TO
GERMANY AND FRANCE
·
External Affairs Minister (EAM) S Jaishankar paid a
6-day visit to Germany and France in February
·
India and France have committed to promoting
cooperation between the European Union (EU) and India on the blue economy
and ocean governance, in the framework of the common roadmap “EU-India
Strategic Partnership: A Roadmap to 2025” and the EU strategy for cooperation
in the Indo-Pacific
·
S Jaishankar met with Ireland Foreign Minister Simon
Coveney during the 58th Munich Security Conference (MSC) 2022, which was
held in Munich, Germany
3.
HURUN INDIA WEALTH REPORT
2021
·
According to Hurun India Wealth Report 2021, the number
of dollar-millionaire households in India increased by 11% to 4,58,000
households compared to 2020.
·
According to Hurun Indian Luxury Consumer Survey 2021,
36% of Indian millionaires use e-wallets or UPI as their preferred payment
method as compared to the 18% last year.
·
According to the report, the number of Indian dollar
millionaire households is estimated to increase by 30% over the next five years
and the number will reach upto 6,00,000 households by 2026.
·
Maharashtra’s Mumbai became India’s millionaire
capital, with 20,300 millionaires households. It is followed by Delhi and
Kolkata with 17,400 and 10,500 millionaire households, respectively.
·
Taj Hotel is most preferred
hospitality brand, followed by Oberoi and Leela
·
Rolex- is the most preferred luxury watch brand,
followed by Cartier and Audemars Piguet.
4.
RBI DIRECTED NBFCS TO
IMPLEMENT CFSS BY SEPTEMBER 2025
·
Reserve Bank of India (RBI) directed certain
Non-Banking Financial Companies (NBFCs) to mandatorily implement ‘Core
Financial Services Solution (CFSS)’ by 30th September 2025.
·
In October 2021, RBI introduced the ‘Scale Based
Regulation’ (SBR) framework for NBFCs and mandated NBFCs with 10 and more
branches to adopt Core Banking Solution with effect from October 01, 2022.
·
As per the framework, currently RBI has directed the
NBFCs – Middle Layer and NBFCs – Upper Layer with 10 and more ‘fixed point
service delivery units’ as on 1st October 2022 to implement CFSS (similar to
the Core Banking Solution (CBS) adopted by banks) on or before September 30,
2025.
·
Special Timeline for
NBFC-Upper Layer: NBFC – Upper Layer should implement CFSS at least in 70
percent of ‘fixed point service delivery units’ on or before September 30,
2024.
·
The implementation of CFSS is not mandatory in NBFC
– Base Layer and NBFC – Middle and Upper Layers with fewer than 10 fixed point service delivery units.
·
RBI Establishment
– 1st April 1935,Headquarters – Mumbai,Governor – Shaktikanta Das
·
Deputy Governors – T. Rabi
Sankar, M. Rajeshwar Rao, Dr. M. D. Patra, M. K. Jain
5.
MOODY’S RISES INDIA’S GDP
FORECAST TO 9.5% FOR 2022
·
Moody’s Investors Service raised India’s Gross Domestic
Product (GDP) growth forecast to 8.4 percent for FY23 (1st April 2022 –
31st March 2023) and 9.5 percent for 2022
·
It also estimated that the GDP growth forecast stands
at 6.5 percent for FY24 (1st April 2023 – 31st March 2024).
·
Goods and Services Tax (GST) collection, retail
activity and Purchasing Managers’ Index (PMI) becomes the core reason for the
projection in GDP
·
Moody’s Corporation Headquarters
– New York, United States (US)
6.
SANJEEV SANYAL INDUCTED AS
FULL TIME MEMBER INTO PRIME MINISTER’S ECONOMIC ADVISORY COUNCIL
·
Renowned economist and historian Sanjeev Sanyal was
appointed as a full time member of the Economic Advisory Council to the Prime
Minister (EAC-PM).
·
The council is chaired by Bibek Debroy (Former
member of Niti Aayog).
·
EAC-PM is an independent body constituted by the central
government.
·
It advises the Prime Minister (PM) on economic and
related issues.
7.
ASTRONOMERS DETECT LARGEST
EVER GIANT RADIO GALAXY; NAMED AS ALCYONEUS
·
European astronomers, led by Martijn S.S.L. Oei of
Leiden University, the Netherlands, have reported the detection of a new giant
radio galaxy (GRG) as part of the Low-Frequency Array (LOFAR) Two-meter Sky
Survey (LoTSS).
·
The newly found GRG, dubbed GRG Alcyoneus, is
the largest ever known Radio Galaxy. It is situated around 3 billion
light-years away.
·
Radio Galaxies are the galaxies that emit a
high rate of radio waves.
·
They are said to consist of a host galaxy, that has a
supermassive black hole at its galactic centre with star clusters orbiting it.
·
LOFAR Low-Frequency Array (LOFAR),
located mainly in the Netherlands, is the world’s largest radio telescope
network. It is a network of 20,000 radio telescopes across 52 areas in Europe.
