DAILY GK 29-31 MAY 2024

 DAILY GK 29-31 MAY 

1.         RBI IMPOSES MONETARY PENALTY ON ICICI BANK, YES BANK 

·           The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on ICICI Bank Limited for sanctioning term loans to certain entities to replace budgetary resources for specific projects without proper due diligence.

·           ICICI Bank was imposed a penalty for non-compliance of ‘Loans and Advances – Statutory and Other Restrictions’.

·           The RBI has also imposed a monetary penalty of Rs 91 lakh on Yes Bank Limited for multiple violations of banking norms.

·           Yes Bank has violated RBI regulations by charging fees on accounts with zero balance and opening internal accounts in customer’s names for unauthorised purposes such as parking funds and routing customer transactions.

 

2.         77TH CANNES FILM FESTIVAL

·           The 77th annual Cannes International Film Festival was held in Cannes, France.

·           American comedy-drama film ‘Anora’ directed by Sean Baker won the Palme d’Or, the highest honour of the Cannes festival. 

·           "All We Imagine as Light" marks the first Indian film nominated in 30 years.

·           Indian film ‘All We Imagine as Light’ directed by Payal Kapadia won the Grand Prix, the 2nd highest award of the festival.

·           She became the first Indian to win this award.

·           Santosh Sivan, an Indian cinematographer and film director, was honoured with the Pierre Angénieux Tribute Award in recognition of his career and exceptional quality of work.

·           He became the first Asian to win this award.

·           Indian actress Anasuya Sengupta won the Best Actress award for her performance in ‘The Shameless’ in the ‘Un Certain Regard’ category.

3.         DD KISAN LAUNCHES ITS FIRST AI ANCHORS IN 50 LANGUAGES

·           Doordarshan Kisan (DD Kisan), a Doordarshan channel has become the first Indian Government TV channel to launch two Artificial intelligence (AI) Anchors AI Krish and AI Bhoomi, which can speak in 50 different languages and provide information about agricultural research.

·           The AI anchors can read news 24/7 and 365 days without breaks.

·           DD Kisan is the only TV channel in India, which has been established by the Government of India (GoI) and dedicated to the farmers.

·           It was established on 26 May 2015.

 

4.         INDIAN PREMIER LEAGUE 2024

·           Kolkata Knight Riders (KKR) captained by Shreyas Iyer (Indian cricketer) has won the champions title of the 17th season of the Indian Premier League (IPL 2024) by defeating Sunrisers Hyderabad (SRH) captained by Pat Cummins (Australian cricketer) by eight wickets in the finals held at the MA Chidambaram Stadium, Chennai, Tamil Nadu(TN).

·           This marks KKR’s 3rd IPL title. The team has previously won the title in 2012 and 2014 under the captaincy of Gautam Gambhir.

·           TATA Group has secured the title sponsorship rights of IPL for 5 years (2024 to 2028)  for Rs 2500 crore.

·           Purple Cap –

·           Orange Cap -Virat Kohli

 

5.         ASIAN GYMNASTICS CHAMPIONSHIPS 2024

·           Dipa Karmarkar has become the first Indian gymnast to win a gold medal in the women’s vault apparatus at the Asian Gymnastics Championships 2024 (11th Senior Women Artistic Gymnastics Asian Championships) held in Tashkent, Uzbekistan.

·           This is the first time an Indian gymnast has won a gold medal in any event at the Asian Championships.

·           Kim Son-hyang and Jo Kyong-byol of North Korea finished with the silver and bronze medals respectively.

·           Hu Jiafei of China has topped the Individual all-around followed by Qin Xinyi of China and Emma Malabuyo of the Philippines at 2nd and 3rd sport respectively.

·           China topped the Teall All Around followed by North Korea and Uzbekistan at 2nd and 3rd spot respectively.

 

6.         ARCHERY WORLD CUP 2024

·           India won 2 medals (1 gold and 1 silver) in the Archery World Cup 2024 Stage 2 held in Yecheon, Republic of Korea(South Korea).

·           The Indian women’s compound team of Aditi Gopichand Swami, Jyothi Surekha Vennam and Parneet Kaur won the gold medal defeating the Turkish team of Hazal Burun, Ayse Bera Suzer and Begum Yuva.

·           India’s mixed archery team of Jyothi Surekha Vennam and Priyansh won the silver medal. They were defeated by Olivia Dean and Sawyer Sullivan of the United States of America (USA) in the finals.

·           India won a total of eight medals including five gold medals, two silver and one bronze in the Archery World Cup Stage 1 in Shanghai, China.

·           Archery World Cup 2024, the 18th edition event, is annually organised by the World Archery Federation.

·           This is a five-stage event which is being held from April to October 2024.

·           The 2024 Archery World Cup Stage 1 was held in Shanghai, China in April 2024.

·           Stage 2 was held in Yecheon, South Korea in May 2024.

·           The Archery World Cup Stage 3 will be held in Antalya, Türkiye in June 2024.

·           India currently ranks first on the list (highest number of gold medals) followed by South Korea and the USA.

 

7.         MONACO F1 GP 2024

·           Ferrari’s Charles Leclerc, a racing driver from Monaco won the Monaco Grand Prix (GP2024 held at Circuit de Monaco in Monte Carlo.

·           With this victory, Charles became the 1st ever Monegasque driver to win the Monaco GP in World Championship history, and the 1st since Louis Chiron in 1931 (the 3rd edition of the race).

·           McLaren’s Oscar Piastri of Australia finished 2nd 

 

8.         WORLD HUNGER DAY 2024 – MAY 28

·           World Hunger Day is annually observed across the globe on 28th May to raise awareness about the condition of millions of people, who do not have access to proper food.

·           The 2024 campaign theme of World Hunger Day is, “Thriving Mothers. Thriving World.”

·           World Hunger Day was founded by The Hunger Project United Kingdom (UK) in 2011 to highlight the global food crisis.

 

9.         RBI LAUNCHED PRAVAAH PORTAL

·           Governor of Reserve Bank of India (RBI), Shaktikanta Das launched 3 major initiatives namely – Platform for Regulatory Application, Validation and Authorisation (PRAVAAH) portal, RBI Retail Direct Mobile Application and a Fintech Repository.

·           The main objective of these initiatives is to enhance regulatory processes, facilitate retail investment and to provide comprehensive data on the fintech sector.

·           PRAVAAH Portal is a centralised, secure web-based platform that will allow individuals or entities to apply online for regulatory approvals, licenses and authorisations from the RBI.

·           Currently, there are 60 application forms available on the portal and these forms covers different regulatory and supervisory departments of the RBI.

·           RBI Retail Direct Mobile Application will facilitate seamless and convenient access to retail investors to buy and sell Government-Securities (G-Sec) directly from their smart phones (available on Android and iOS).

·           It simplifies transactions in the primary and secondary markets.

·           RBI Governor Shaktikanta Das inaugurated a fintech repository aimed at capturing essential information about FinTech entities, their activities, and technology uses.

·           The FinTech Repository and EmTech Repository aim to gather crucial data about FinTech entities and regulated entities' adoption of emerging technologies.

·           These repositories are secure web-based applications managed by the Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the RBI.

 

10.      6TH HURUN INDIA ART LIST 2024

·           According to the 6th edition of Hurun India Art List (2024) released by the Hurun Research Institute on 28th May 2024, British Indian sculptor Anish Kapoor topped the list for the 6th consecutive year.

·           He topped the list due to the robust sales of his artwork at public auctions, which amounted to Rs 79.9 crore.

·           Arpita Singh87 year old (ranked 3rd ) topped among the female artists in the list

·           Raghav Babbar(27) from Rohtak, Haryana, ranked at 8th spot, is the youngest Indian artist in the Hurun India Artist List 2024 with total sales of Rs 12.1 crore.

·           Krishen Khanna (99) is the oldest Indian artist in the list, ranked 5th with combined value of his art work Rs 18 crore.

 

11.      NEW DIRECTOR GENERAL OF WOAH

·           The World Organisation for Animal Health (WOAH) has elected Dr.Emmanuelle Soubeyran, head of France’s veterinary services, as its 8th Director General (DG) for a 5-year term (2024-2029) during its 91st annual general session was held in Paris, France. 

·           WOAH Headquarters – Paris, France

·           Members – 183 members

·           Founded in 1924 as the Office International des Epizooties (OIE), in May 2003 adopted the common name World Organisation for Animal Health(WOAH).

 

12.      JETHA AHIR ELECTED AS CHAIRMAN OF NAFED

·           Jethabhai Bharvad (Ahir) of BJP a MLA from Shehra constituency (Gujarat) has been elected unopposed as the chairman of the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) in the election held in Delhi.

·           He replaces Bijender Singh who held the position as NAFED Chairman since 2007.

·           He was elected uncontested by the board comprising 21 directors

·           NAFED It is an apex organisation of marketing cooperatives for agricultural produce in India.

·           Headquarters – New Delhi, Delhi

 

13.      INTERNATIONAL DAY OF UNITED NATIONS PEACEKEEPERS 2024 – MAY 29

·           International Day of United Nations (UN) Peacekeepers is annually observed across the globe on 29th May to pay tribute to the professionalism, dedication, and courage of UN peacekeepers, the uniformed civilian, military, and police personnel all working together to protect civilians.

·           The theme of International Day of UN Peacekeepers 2024 is “Fit for the Future: Building Better Together”.

 

14.      WORLD DIGESTIVE HEALTH DAY 2024 – MAY 29

·           World Digestive Health Day (WDHD) is a public advocacy and awareness campaign, annually observed across the globe on 29 May to raise awareness of the prevention, prevalence, diagnosis, management, and treatment of digestive diseases or disorders worldwide.

·           The 2024 theme of WDHD is, “Your Digestive Health: Make It A Priority“.

·           World Gastroenterology Organisation (WGO)  Headquarters– Milwaukee, Wisconsin, USA

 

15.      INTERNATIONAL EVEREST DAY 2024 – MAY 29

·           International Everest Day is annually observed across the globe on 29th May to commemorate the first-ever successful summit of Mount (Mt) Everest in 1953 by Sir Edmund Hillary, a mountaineer from New Zealand, and Tenzing Norgay, a Sherpa from Nepal.

·           International Everest Day has been celebrated since 2008, following the death of Sir Edmund Hillary on 11th January 2008.

 

16.      THE ASIA UNIVERSITY RANKINGS 2024

·           According to the 12th edition of Times Higher Education’s (THE) Asia University Rankings (2024), Indian Institute of Science(IISc), Bengaluru (Karnataka), ranked 32nd on the list, is the highest ranked Indian institution.

·           The 2024 list features a total of 91 Indian institutions.

·           Tsinghua University (China) has topped the list for the 6th consecutive year, followed by Peking University (China) and National University of Singapore (NUS) (Singapore) at 2nd and 3rd rank respectively.

·           THE Asia University Ranking 2024 ranked 739 universities from 31 countries/regions. 

·           With 119 universities, Japan has the most representation on the 2024 ranking followed by India with 91 universities and Mainland China with 86 universities.

 

17.      DRDO CONDUCTED THE FLIGHT-TEST OF RUDRAM-II AIR-TO-SURFACE MISSILE

·           Defence Research and Development Organisation (DRDO) successfully conducted the fight-test of RudraM-IINext Generation Anti-Radiation Missile (NGARM) from Su-30 MK-I fighter jet of the Indian Air Force (IAF). 

·           This air-to-surface missile was tested at Integrated Test Range (ITR), Balasore, Off the Coast of Odisha.

·           It is the latest version of RudraM – 1 missile, 1st indigenously developed anti radiation air-to-surface missile was test-fired from Su-30MKI fighter jet in 2020.

·           It is an indigenously developed solid propelled air-launched missile system for air-to-surface to neutralise various types of enemy assets.

·           It can carry a payload of 200 kg and attain a maximum speed of 6,791 km/h (Mach 5.5).

·           This missile system will replace Russian Kh-31, anti-radiation missiles currently deployed in Indian defence system.

·           Indian Army has unveiled an Anti-Tank Guided Missile(ATGM) system mounted on a farm tractor. This “Jugaad” (Hindi for ingenious improvisation) innovation is named as Improvised Tractor Mounted ATGM.

 

18.      THE ASIAN ARM-WRESTLING CHAMPIONSHIP 2024

·           The Indian Arm-Wrestling team won a total of 7 medals (1 gold and 6 bronze) at the 22nd Asian Arm-Wrestling Championship and 21st Asian Para Arm-Wrestling Championship 2024 held in Tashkent, Uzbekistan.

·           The Indian wrestlers’ team was competing under the banner of the People’s Arm wrestling Federation of India (PAFI).

·           Chattisgarh’s para-arm wrestler Shrimant Jha won a gold medal in the left-hand +85 kg para category and a bronze medal in the right-hand para-senior category.

·           People’s Arm- wrestling Federation India is India’s governing body of arm-wrestling sport. It is the only organization associated with the Asian Arm-wrestling Federation (AAF) and the World Arm-wrestling Federation (WAF).

·           Headquarters– Mumbai, Maharashtra

 

19.      UN’S FIRST-EVER INTERNATIONAL DAY OF POTATO – 30 MAY 2024

·           United Nations (UN)’s first-ever International Day of Potato was observed across the globe on 30th May 2024 to raise awareness of the various nutritional, economic, environmental, and cultural values of the Potato (Solanum tuberosum), the 3rd most consumed food crop globally.

·           The annual observance of the day is facilitated by the Food and Agriculture Organization of the United Nations (FAO).

·           The theme of the inaugural International Day of Potato 2024 is “Harvesting diversity, feeding hope”.

·           FAO is a specialized agency of the UN that leads international efforts to defeat hunger.

·           Director-General– Qu Dongyu

·           Headquarters– Rome, Italy

·           Established- 1945

 

20.      INDIA TRADE DATA  CHINA TOP TRADING PARTNER

·           China emerged as India's largest trading partner with $118.4 billion in two-way commerce in 2023-24, surpassing the USA.

·           Bilateral trade between India and the US stood at $118.28 billion in 2023-24.

·           India has a free trade agreement with four of its top trading partners: Singapore, the UAE, Korea, and Indonesia (as part of the Asian bloc).

·           India recorded a trade surplus of $36.74 billion with the US in 2023-24.

·           Other countries with a surplus include the UK, Belgium, Italy, France, and Bangladesh.

·           India's total trade deficit narrowed to $238.3 billion in the last fiscal year, compared to $264.9 billion in the previous fiscal year.

 

21.      JAYA BADIGA APPOINTED AS JUDGE IN US COUNTY SUPERIOR COURT       

·           Indian-American attorney Jaya Badiga, a certified family law specialist, has been appointed as a Judge in the Sacramento County Superior Court in the US state of California.

·           Badiga, born in Vijayawada, Andhra Pradesh, is the first Telugu woman to be appointed as a judge in the United States.

 

22.      MILITARY GENDER ADVOCATE AWARD

·           Major Radhika Sen, an Indian peacekeeper, receives the prestigious Military Gender Advocate Award for her exceptional contributions during her deployment with the United Nations Mission in Congo (MONUSCO).

·           UN Secretary-General Antonio Guterres announces the award, lauding Major Sen as "a true role model" for her outstanding dedication and service.

·           Hailing from Himachal Pradesh, Major Radhika Sen served as the commander of the Indian battalion in the eastern part of the Republic of Congo from March 2023 to April 2024.

 

23.      RBI INDIA FINES HSBC RS 36.38 LAKH FOR FEMA REGULATION VIOLATIONS      

·           The Reserve Bank of India (RBI) imposed a fine of Rs 36.38 lakh on foreign lender HSBC for Foreign Exchange Management Act (FEMA) violations.

·           The Foreign Exchange Management Act, 1999 (FEMA), is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India"

·           This new Act is in consonance with the frameworks of the World Trade Organisation (WTO).

·           It also paved the way for the Prevention of Money Laundering Act, 2002 which came into effect on July 1, 2005.