DAILY GK 27-29 APRIL

DAILY GK 27-29 APRIL 

1.       RBI GRANTED NBFC LICENCE TO NEOBANKING JUPITER

·         The Reserve Bank of India (RBI) has granted a non-banking financial company (NBFC) licence to the Neobanking platform Jupiter enabling the latter to scale up its lending business.

·         RBI has cancelled the banking licence of the Adoor Co-operative Urban Bank Ltd, Adoor, Kerala (initiated on January 3, 1987)  to carry on banking business in India under Section 22 read with section 56 of the Banking Regulation Act,1949 with effect from the close of business on April 24, 2023.

 

2.       IAA’S MERITORIOUS SERVICE AWARD 2023

·         Indo-Australian Association (IAA) conferred the Meritorious Service Award 2023 to His Excellency Nawab Mohammad Abdul Ali, the current and eighth titular Prince of Arcot, at Amir Mahal in Chennai, Tamil Nadu (TN).

·         The award is given in recognition of Nawab’s long-standing efforts to uphold communal peace, harmony, and international relations between the 2 countries (Indo-Australia).

 

3.       NEW CEO OF THE ASSOCIATION OF ARC

·         Hari Hara Mishra takes charge as the Chief Executive Officer (CEO) of the Association of Asset Reconstruction Companies (ARC)s.

·         Association of ARCs, a Non-government, a Non-profit organization, Indian ARC Association (“IAA”) is voice of all ARCs in India is a Representative Body of 28 ARCs registered with Reserve Bank of India (RBI) and it has been active for more than eight years.

 

4.       NASSCOM  CHAIRPERSON

·         The National Association of Software and Service Companies (NASSCOM) appointed Anant Maheshwari, who is the President of Microsoft India, as its Chairperson for the year 2023-24.

·         Rajesh Nambiar, chairman and Managing Director, is appointed Cognizant India as its Vice Chairperson

·         NASSCOM  is an Indian non-governmental trade association and advocacy group, focused mainly on the technology industry of India.

 

5.       PARKASH SINGH BADAL PASSED AWAY

·         Five-time Punjab Chief Minister (CM) and veteran Shiromani Akali Dal (SAD) leader Parkash Singh Badal passed away at the age of 95 in Mohali, Punjab.

·         He was born on 8th December 1927 at Abul Khurana, near Malout in Punjab.

·         Parkash Singh Badal started his political career in 1947, he was elected to Punjab Vidhan Sabha in 1957 for the first time from the Shiromani Akali Dal (SAD), a Sikh-centered regional political party, in Punjab.

·         Parkash Singh Badal held the CM post for five terms: Between 1970 and 1971; from 1977-1980; from 1997-2002; from 2007-2012 and from 2012-2017.

 

6.       WORLD INTELLECTUAL PROPERTY DAY 2023 – APRIL 26

·         World Intellectual Property Day (World IP Day) is annually observed across the globe on 26th April to recongise the importance of intellectual property (IP) rights such as, patents, trademarks, industrial designs, copyright, in encouraging innovation and creativity.

·         The theme of World Intellectual Property Day 2023, is “Women and IP: Accelerating Innovation and Creativity”.

·         World Intellectual Property Organization(WIPO) Headquarters– Geneva, Switzerland

 

7.       NATIONAL MEDICAL DEVICES POLICY 2023

·         The Union Cabinet chaired by Prime Minister (PM) Narendra Modi approved the National Medical Devices Policy, 2023, which is expected to help the Medical Devices sector expand to USD 50 billion(~Rs 4 lakh crore) by 2030.

·         The Cabinet Committee on Economic Affairs (CCEA) approved the establishment of 157 new nursing colleges in co-location with existing medical colleges established since 2014.

·         Uttar Pradesh (UP) will have the maximum number of colleges (27), while Rajasthan will have 23 and Madhya Pradesh, 14.

 

8.       NITI AAYOG REPORT “PROMOTING MILLETS IN DIETS

·         NITI Aayog (National Institution For Transforming India) released a report titled “Promoting Millets in Diets: Best Practices across States/UTs of India” which presents a collection of good and innovative practices adopted by state governments and organisations in various aspects of the millet value chain.

·         Suman K. Bery Vice Chairman of NITI Aayog unveiled the report in the presence of Member (Health) Dr. V.K. Paul, Member (Agriculture) Dr. Ramesh Chand and B. V. R. Subrahmanyam, Chief Executive Office(CEO) of NITI Aayog.

 

9.       NAVRATNA STATUS TO RAIL VIKAS NIGAM

·         Union Minister Nirmala Sitharaman, Ministry of Finance (MoF), approved the upgradation of Rail Vikas Nigam Limited (RVNL) to a Navratna Central Public Sector Enterprise (CPSE) from a Category-I MiniRatna CPSE.

·         According to the Department of Public Enterprises (DPE), RVNL, a public sector undertaking under the Ministry of Railways (MoR), has become the 13th Navratna amongst CPSEs.

·         Since RVNL has been promoted to the ‘Navratna’ category of CPSE, it will have more autonomy in terms of investment, setting up joint ventures, and other financial decisions.

·         India has 12 Maharatna, 13 Navratna, and  74 Miniratna CPSEs.

 

10.    WORLD’S 1ST ‘NANO DAP’ DEVELOPED BY IFFCO

·          “IFFCO Nano DAP(liquid)”, the world’s first liquid Nano DAP(Diammonium phosphate), developed by Indian Farmers Fertiliser Cooperative Limited (IFFCO) launched at Delhi

·         The launch of Nano DAP is a second initiative of IFFCO, i.e. in 2021, IFFCO introduced  World’s First ‘Nano Urea’.

 

11.    INDIA SIGNS NEW WORK PLAN 2023 ON QUALITY INFRASTRUCTURE

·         India and Germany  signed the new Work Plan for 2023 during the 9th Annual Meeting of the Indo-German Working Group on Quality Infrastructure (QI) in Berlin, Germany.

·         The Work Plan 2023 is structured along the key elements of QI, including standardisation, accreditation, conformity assessment, legal metrology, product safety and market surveillance.

·         Germany Capital– Berlin

·         Currency– Euro

·         President– Frank-Walter Steinmeiera

 

12.    WB’S WORLD DEVELOPMENT REPORT 2023

·         According to the World Bank’s (WB) annual report ‘World Development Report 2023: Migrants, Refugees, and Societies’, there are 184 million people (i.e. 2.3 % of the world’s population) are migrants

·         Out of the 184 million migrant people, 37 million are refugees, a number that has tripled over the last decade.

·         Spain, with a population of 47 million, is projected to reduce by more than one-third by 2100, with those above age 65 increasing from 20% to 39% of the population.

·         As the population of Countries like Mexico, Thailand, Tunisia and Türkiye are not growing they may soon need more foreign workers.

 

13.    WORLD’S 1ST SOCIAL CURRENCY PAYMENT CARD

·         WYLD, the world’s 1st Social Currency Payment Card, was launched in Mumbai, Maharashtra, and was powered by San Francisco (California, USA)-based VISA Inc.,

·         The app lets anyone who has over 1000 Instagram followers and a “WYLD Score” of over 100 can apply for the WYLD payment card via the app.

·         WYLD enables users to profitably use their social media following and gets rewarded with up to 100% cashback on brand purchases.

 

14.    HUDCO AWARDS 2022-23

·         Housing and Urban Development Corporation Limited (HUDCO), the HUDCO Awards of 2022-2023 were announced in New Delhi, Delhi.

·         The Swachh Bharat Mission (Urban) Uttar Pradesh has been awarded the HUDCO Award (2022-2023) for Best Practices to Improve the Living Environment 2022-23 category for Sanitation.

·         Jammu and Kashmir (J&K) Bank was conferred with the award for its outstanding contribution towards the housing sector of the country under the Pradhan Mantri Awas Yojana (Urban) – Credit Linked Subsidy Scheme (CLSS) through various innovative initiatives.

 

15.    DALAI LAMA GETS THE 1959 RAMON MAGSAYSAY AWARD IN PERSON

·         The 1959 Ramon Magsaysay Award was presented to Tibetan spiritual leader the Dalai Lama in person after 64 years in Dharamsala, Himachal Pradesh, by Ramon Magsaysay Award Foundation president Susanna B Afan and foundation trustee Emily A Abrera.

·         The Ramon Magsaysay Award, often called the “Nobel Prize of Asia”, is an annual award established to preserve former Philippine seventh President Ramon Magsaysay’s example of integrity in governance, courageous service to the people, and practical idealism within a democratic society.

·         In 1989 Dalai Lama received the Nobel Peace Prize in recognition of his efforts towards the liberation of Tibet and the efforts taken by him for a peaceful resolution instead of using violence as a key

 

16.    RAJBHASHA SAMMAN

·         RINL (RashtriyaIspat Nigam Limited), also known as Vizag Steel, bagged the Ministry of Steel’s “Ispat Rajbhasha Samman” First Prize for the year 2021-22. 

·         MoS also released RINL’s March issue of Hindi In-house Magazine “RashtriyaIspat Sugandh”.

 

17.    REVAMPED CGTMSE SCHEME LAUNCHED

·         The Union Minister Narayan Tatu Rane, Ministry of Micro, Small & Medium Enterprises (M/o MSME) launched the revamped Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Scheme in Mumbai, Maharashtra.

·         This launch was on the lines of an additional corpus support of Rs 9,000 crore in the Union Budget for FY 2023-24 to CGTMSE to revamp its Scheme to provide guarantee for additional Rs 2 lakh crore to MSEs.

·         Reduction in guarantee fees for loans upto Rs 1 crore by 50% bringing the minimum guarantee fee to the level of 0.37% pa only.

·         Raising of ceiling for guarantee from Rs 2 crore to Rs 5 crore

·         Enhancing the threshold limit for claim settlement without initiation of legal action to Rs 10 lakh.

 

18.    RBI REMOVES RESTRICTIONS ON INDIVIDUALS FROM OPENING INTEREST-EARNING FCAS IN IFSCS

·         The Reserve Bank of India (RBI) removed restrictions on resident individuals from opening interest-earning Foreign Currency Accounts (FCA) in International Financial Services Centres (IFSCs) for making investments under the Liberalised Remittance Scheme (LRS).

·         RBI also removed the condition of repatriating any funds lying idle in the FCA account for up to 15 days.

·         RBI Governor– Shaktikanta Das

·         Deputy Governors – Mahesh Kumar Jain, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar

·         Headquarters – Mumbai, Maharashtra

·         Establishment – 1st April 1935

 

19.    ITC IS INDIA’S 6TH LARGEST COMPANY

·         ITC Limited has overtaken Infosys Limited, an Indian multinational information technology company, to become India’s 6th largest company, as per market capitalization(m-cap). 

·         ITC’s market cap stands at Rs 5.11 lakh crore (as of April 24, 2023) while the market cap of Infosys (7th place) stands at Rs 5.08 lakh crore.

·         Reliance Industries Limited (RIL) is India’s largest company with a market cap of ~Rs 16.07 lakh crore followed by Tata Consultancy Services (TCS) with ~Rs 11.62 lakh crore and HDFC Bank with ~Rs 9.28 lakh crore.

 

20.    68TH FILMFARE AWARDS

·         68th edition of the Hyundai Filmfare Awards (Filmfare Awards 2023) took place at the Jio World Conventional Centre in Mumbai, Maharashtra.

·         Best Film-Gangubai Kathiawadi

·         Best Film (Critics’) -Badhaai Do

·         Best Actor (Male) -Rajkummar Rao for Badhaai Do

·         Best Actor (Female)-Alia Bhatt for Gangubai Kathiawadi

·         Best Director - Sanjay Leela Bhansali for Gangubai Kathiawadi

·         Veteran Bollywood actor Prem Chopra received the Lifetime Achievement Award.

 

21.    GREEN WORLD AWARD 2023

·         The Green Organization, London, United Kingdom (UK), presented the Green World Awards 2023, at Miami International Airport in the United States of America (USA).

·         Vedanta Limited has been conferred Global Gold Award in the Environmental Policy & Management category

·         POWERGRID, a Maharatna Central Public Sector Undertaking (CPSU) of the Ministry of Power (MoP), has been conferred Global Gold Award in the CSR (Corporate Social Responsibility) category.

·         The Chennai Metro Rail Limited (CMRL) won Global Silver Award in the Environmental Policy category of the Green World Awards 2023.

·         Grupo Ambipar of Brazil has been named the Green World Champion of Champions 2023 for their project Sustainable Biocapsules-Transforming Waste into trees.