DAILY GK 5-6 JUNE 2024

 DAILY GK 5-6 JUNE 2024 

1.              RASHTRIYA E-PUSTAKALAYA

·                The Department of School Education & Literacy (DoSE&L), Ministry of Education (MoE), Government of India (GoI) has signed a Memorandum of understanding (MoU) with the National Book Trust (NBT) to create an institutional framework for Rashtriya e-Pustakalaya, a Digital Library Platform.

·                NBT, is an apex body established by the GoI (Department of Higher Education (DHE), Ministry of Human Resource Development (MHRD)) in 1957.

·                The Rashtriya E-Pustakalaya aims to resolve the ‘last mile’ accessibility issue for many states by offering over 10,000 books in more than 100 languages within the next 2-3 years.

·                Presently, over 1,000 books in 23 languages are available including English.

·                The books will be categorised by four age groups, as per National Education Policy (NEP) 2020, for readers aged 3-8, 8-11, 11-14, and 14-18 years.

 

2.              SBI BECOMES 1ST PUBLIC SECTOR BANK TO SURPASS RS 8 TRILLION MARKET CAPITALIZATION   

·                The State Bank of India (SBI) became the 1st public sector bank and the 7th Indian company to cross the Rs 8 trillion market capitalization (m-cap).

·                HDFC Bank and ICICI Bank are the only other lenders with m-cap of over Rs 8 trillion.

·                At present, six Indian companies are valued over Rs 8 trillion.

·                Apart from SBI, Reliance Industries, TCS, HDFC Bank, Bharti Airtel, and ICICI Bank are in the Rs 8 trillion league.

 

3.              IRDAI RELEASES COMPREHENSIVE CIRCULAR ON CORPORATE GOVERNANCE FOR INSURERS     

·                The Insurance Regulatory and Development Authority of India (IRDAI) issued a master circular on corporate governance for insurers.

·                Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled.

·                It ensures ethical operation and serves the best interests of all stakeholders.

·                The primary goal is to ensure accountability, fairness, and transparency in the company’s relationship with stakeholders.

·                It promotes integrity, ethical behaviour, and responsible decision-making.

 

4.              INDIA TO HOST 81ST IATA ANNUAL GENERAL MEETING IN 2025

·                India is set to host the prestigious annual general meeting (AGM) of the International Air Transport Association (IATA) in 2025, marking a significant milestone after 42 years.

·                IndiGo, India's largest airline by market share, will serve as the host airline for the AGM and the accompanying World Air Transport Summit.

·                The event is scheduled to take place in Delhi

 

5.              ACTING CHAIRPERSON OF NATIONAL HUMAN RIGHTS COMMISSION         

·                Vijaya Bharathi Sayani, Member of the National Human Rights Commission (NHRC), has been authorized to act as the Chairperson of NHRC by the President, under Section 7(1) of the Protection of Human Rights Act, 1993.

·                Sayani will replace Justice (Retd) Arun Kumar Mishra, who completed his three-year tenure as the eighth Chairperson of NHRC on June 1, 2024.

 

6.              CENTRE LAUNCHES NEW MOBILE NUMBER SERIES FOR SERVICE, TRANSACTIONAL CALLS

·                The Centre has launched a new numbering series, 160xxxxxxx, specifically for service or transactional calls.

·                This initiative aims to help citizens easily identify legitimate calls and curb unsolicited voice calls from telemarketers using 10-digit mobile numbers.

·                Currently, the 140xxxxxxx series is allocated to telemarketers for promotional, service, and transactional calls.

·                However, its extensive use for promotional purposes often leads consumers to ignore such calls, resulting in missed important service and transactional communications.

 

7.              UPI TRANSACTIONS SET NEW RECORD, SCALE 14.04 BILLION PEAK IN MAY 2024

·                Unified Payments Interface (UPI) achieved a record-breaking 14.04 billion transactions in May, a significant increase from the 13.30 billion transactions recorded in April.

·                This remarkable growth reflects a 49% year-on-year increase, highlighting the rapid adoption and expanding usage of UPI.

·                The total transaction value for May reached an impressive Rs 20.45 lakh crore, showcasing the substantial monetary flow through UPI.

·                UPI has already expanded internationally and is operational in countries such as Singapore and the UAE, setting a precedent for global digital payment solutions.

 

8.              GATI SHAKTI VISHWAVIDYALAYA SIGNED THREE MOUS FOR INDUSTRY-ACADEMIA COLLABORATION

·                Gati Shakti Vishwavidyalaya (GSV) has signed three Memorandum of understandings (MoUs) with Nokia Corporation, Plasser (India) Private Limited and Jacobs Solutions Inc. to strengthen the partnership between industry and academia.

·                GSV in Vadodara, Gujarat, is a Central University under Ministry of Railways.

·                GSV was established in 2022 by the Act of Parliament.

·                The MoU with Nokia will focus on collaboration with research in the domain of 5G/6G communications targeting air, land and sea transportation use cases

·                The MoU with Plasser and GSV will collaborate in the field of research, teaching, and training of students to deepen their understanding on topics related to rail sector.

·                The MoU with Jacobs will enhance advancement in the field of research, teaching, and training activities pertaining to transport, rail and semiconductor sector.

 

9.              77TH WORLD HEALTH ASSEMBLY - GENEVA, SWITZERLAND

·                The 77th World Health Assembly(WHA 77) was held in Geneva, Switzerland

·                Theme of 2024 WHA is “All for Health, Health for All”.

·                World Health Assembly is the decision-making body of World Health Organization (WHO). It is attended by delegations from all 194 Member States of WHO.

·                Bengaluru-based National Institute of Mental Health and Neuro  Sciences (NIMHANS) bagged the Nelson Mandela Award for Health Promotion for 2024 by WHO.

·                WHA 77 unanimously adopted various amendments to the International Regulations 2005 (IHR 2005) based on 300 proposals made by member states after COVID-19 Pandemic.

·                India hosted a side event on Women, Children and Adolescent Health in partnership with Norway, United Nations Children’s Fund (UNICEF), United Nations Population Fund (UNFPA) and Partnership for Maternal, Newborn and Child Health (PMCH) in Geneva, Switzerland.

·                WHO released a Strategic framework for enhancing prevention and control of mpox (Monkey pox) (2024–2027)

 

10.           SEBI LAUNCHED “Saa₹thi 2.0” MOBILE APP

·                The Securities Exchange Board of India (SEBI) launched “Saa₹thi” (SAARTHI) 2.0” mobile application on personal finance for investors.

·                The app introduced a user-friendly interface with comprehensive tools which aims to simplify complex financial concepts.

·                The app includes financial calculators, and has modules that explain Know Your Customer (KYC) procedures, mutual funds, Exchange Traded Funds (ETFs).

·                By using this app, investors can buy and sell shares on stock exchanges.

·                It has investor grievances redressal mechanism and  Online Dispute Resolution (ODR) platform.

·                It also features various videos which are designed specifically to help the investors in their personal financing.

 

11.           ONLINE BOND PLATFORM FORMED OBPP ASSOCIATION OF INDIA

·                Around 24 online bond platforms formed an association named, the Online Bond Platform Providers (OBPP) Association of India, to represent the industry, promote retail participation in the domestic debt markets and interact with regulators.

·                OBPP is a SEBI-registered platform which facilitates the buying and selling of bonds.

·                Aditi Mittal, Co-founder and Director, India Bonds, was appointed as the Chairman of the OBPP Association.

·                Vivek Darak, Bondbazaar was appointed as Vice-Chairperson of the OBPP Association.

·                SEBI Chairman- Madhabi Puri Buch

·                Headquarter- Mumbai, Maharashtra

·                Established– 1992

 

12.           1ST FEMALE PRESIDENT OF MEXICO

·                Claudia Sheinbaum Pardo of the Morena party, has been elected as the first Female President of the United Mexican States (Mexico).

·                She will also become the 1st person of Jewish heritage to become the Head of State of Mexico.

·                Sheinbaum is also the 1st woman to win a general election in the United States of America(USA), Mexico or Canada.

·                Sheinbaum won the election by securing 58.3%-60.7% of the votes.

·                This is the highest vote percentage in Mexico’s democratic history.

·                She defeated Xóchitl Gálvez who secured between 26.6% and 28.6% of the votes

·                In 2006, Claudia Sheinbaum joined the United Nations(UN)’s Intergovernmental Panel on Climate Change (IPCC), which later won the Nobel Prize for Peace in 2007.

·                IPCC shared the Nobel Peace Prize 2007 with Albert Arnold (Al) Gore Jr. “for their efforts to build up and disseminate greater knowledge about man-made climate change,

·                In 2018, she became the first woman to be elected as the Mayor of the Mexico City. She held this post till 2023.

·                Mexico President- Andrés Manuel López Obrador

 

13.           CHINA’S CHANG’E-6 LUNAR PROBE SOFT LANDED ON MOON’S FAR SIDE 

·                The China National Space Administration’s (CNSAChang’e-6 lunar probe made a soft landing on the moon’s far side to collect and return samples from the rarely explored far side of the moon, a first of its kind in human lunar exploration history.

·                Chang’e-6 with the support of the Queqiao-2 relay satellite landed in the South Pole-Aitken (SPABasin, specifically the Apollo Basin crater.

·                The ascender of the Chang’e-6 probe successfully lifted off from the lunar surface, carrying rock and soil samples collected from the moon’s far side.

 

14.           QS WORLD UNIVERSITY RANKINGS 2025

·                According to the Quacquarelli Symonds (QS) World University Rankings 2025, the Indian Institute of Technology(IIT) Bombay, Mumbai (Maharashtra) and IIT Delhi, New Delhi (Delhi) are the only two Indian Institutes featured among the top 150 Universities on the ranking.

·                IIT-B has retained its position as the best higher education Institute in India, with global ranking of 118th in the list. 

·                IIT Delhi has improved its rank from 197th (in 2024) to 150th position (in 2025).

·                Massachusetts Institute of Technology (MIT), Cambridge, the United States of America (USA) has topped the list globally for the 13th time (2012 and from 2014 to 2025).

·                Delhi based Guru Gobind Singh Indraprastha University (GGSIPU), formerly known as Indraprastha University (IP University or IPU), has bagged the prestigious “Rising Star” award from the QS World Ranking.

·                QS World University Rankings 2025 edition features 1500 universities across 105 Higher education systems.

 

15.           ITU’S WSIS+20 FORUM EVENT - GENEVA

·                India participated in the World Summit on the Information Society (WSIS +20) Forum High-Level Event 2024 held in Geneva, Switzerland

·                This marks the 20 years of progress made in the implementation of the outcomes of the WSIS.

 

16.           NATIONAL SPELLING BEE

·                Bruhat Soma, a 12-year-old Indian-American seventh-grader from Florida, emerged victorious at the prestigious Scripps National Spelling Bee.

·                Continuing the tradition of excellence within the small ethnic community, Bruhat demonstrated exceptional spelling prowess by correctly spelling 29 words in the tiebreaker round, earning him over $50,000 in cash and prizes.

 

17.           FIRST MINORITY COMMUNITY WOMAN TO ACHIEVE BRIGADIER RANK IN PAKISTAN ARMY     

·                Dr Helen Mary Roberts, serving in the Pakistan Army Medical Corps, has made history by becoming the first woman from the minority community to achieve the rank of brigadier in the Muslim-majority country.

·                Brigadier Dr Helen is a senior pathologist and has been serving in the Pakistan Army for the last 26 years.

·                Before Brigadier Roberts, Major General Nigar Johar had broken gender barriers in June 2020 by becoming the country’s first female officer to be promoted to the rank of lieutenant general.

·                Pakistan is a Muslim-majority country, with Muslims comprising 96.47% of the population, followed by Hindus (2.14%), Christians (1.27%), Ahmadi Muslims (0.09%), and others (0.02%), according to data from the Pakistan Bureau of Statistics in 2021.

 

18.           GOOGLE TERMINATES MORE THAN 50 WORKERS OVER PROTESTS AGAINST ISRAEL CLOUD DEAL   

·                significant cloud computing and artificial intelligence initiative undertaken by Google in collaboration with the Israeli government, aimed at enhancing the latter's technological capabilities, particularly amidst the ongoing Gaza conflict.

·                Employees at Google's offices in New York and Sunnyvale, California, organized sit-in protests against the company's involvement in Project Nimbus.

·                These protests were led by the group No Tech For Apartheid.

·                Google terminated the employment of over 50 workers following the protests. Initially, 28 employees were dismissed, with the number later revised to 30.

·                Subsequently, an additional 20 staff members were discharged, some of whom were not actively participating in the protests.

·                Project Nimbus is a $1.2 billion cloud computing initiative involving Google and the Israeli government.

·                The project aims to provide public cloud services to address challenges in various sectors in Israel, such as healthcare, transportation, and education.

 

19.           15TH UEFA CHAMPIONS LEAGUE

·                At Wembley Stadium, Real Madrid added another chapter to their illustrious history by securing a record-extending 15th UEFA Champions League title.

·                The Spanish giants clinching a hard-fought 2-0 victory over a determined Borussia Dortmund side.

 

20.           RESERVE BANK OF INDIA CANCELS 1ST-EVER 10-YEAR GREEN BOND AUCTION            

·                In a first, the Reserve Bank of India (RBI) cancelled the auction of 10-year green bonds as traders refused to pay greenium.

·                Greenium signifies the premium investors are willing to pay for green bonds because of their sustainability impact.

·                It signifies the lower yield investors accept for these securities, which are aimed at financing environmentally sustainable projects.

·                Diverging from the pattern of issuing green bonds in the latter half, the government plans to issue green bonds worth Rs 12,000 crore in the first half of the current financial year.

·                The green bonds were intended to be issued in two tranches of Rs 6,000 crore each, with a tenure of 10 years.

 

21.           “AI FOR GOOD” GLOBAL SUMMIT: GENEVA

·                India also participated in the “AI for Good” Global Summit held at the International Conference Center Geneva (CICG), Geneva, Switzerland

·                The summit was organised by ITU in partnership with 40 UN sister agencies and co-convened with the government of Switzerland.

·                India Took Over the Baton to Host World Telecommunication Standardization Assembly (WTSA 2024) in New Delhi

·                International Telecommunication Union (ITU) was initially established in 1865 as the “International Telegraph Union” and was later renamed as International Telecommunication Union in 1934.

·                Headquarters– Geneva, Switzerland

 

22.           OVER 50% OF THE WORLD’S MANGROVES IS AT RISK OF COLLAPSE- IUCN

·                According to the International Union for Conservation of Nature (IUCN)’s Red List of Mangrove Ecosystems, over 50% of the world’s mangrove ecosystems are at risk of collapse, with nearly 1 in 5 faces severe risk.

·                As per the study, climate change poses serious threats to 33% (1/3rd) of the mangrove ecosystems across the world.

·                This is the first global mangrove assessment for the  IUCN Red List of Ecosystem(RLE), a global standard for measuring the health of ecosystems.

·                IUCN Director-General (DG)- Dr. Grethel Aguilar

·                Headquarters- Gland, Switzerland

·                Establishment- 1948

 

23.           ILO’S WORLD EMPLOYMENT AND SOCIAL OUTLOOK

·                According to the International Labour Organization’s (ILO), World Employment and Social Outlook: May 2024 Update, the global unemployment is projected at 4.9% in 2024, slightly lower than the 5.0% in 2023

·                The downward trend in joblessness is anticipated to stabilise in 2025, with unemployment persisting at 4.9%.

·                The ‘jobs gap in 2024 is estimated at 402 million individuals, encompassing 183 million classified as unemployed.

·                Women, notably in low-income nations, face disproportionate challenges, with a jobs gap of 22.8%, compared to 15.3% for men.

·                Women earn significantly less than men, especially in low-income countries, where the figure drops to 44 cents for every dollar earned by men.

·                Informal employment has risen from 1.7 billion in 2005 to 2.0 billion in 2024, slowing progress towards Sustainable Development Goals (SDGs).

·                ILO Director-General– Gilbert Fossoun Houngbo

·                Headquarters– Geneva, Switzerland

·                Founded – 1919

 

24.           SEBI SETS UP AD-HOC COMMITTEE TO REVIEW OWNERSHIP

·                The Securities and Exchange Board of India (SEBI) has set up an Ad-hoc Committee to review the ownership and economic structure of Clearing Corporations (CCs) and to suggest measures to ensure that CCs function as resilient, independent, and neutral risk managers.

·                The ad-hoc committee will be chaired by Usha Thoratformer Deputy Governor (2005 to 2010) of the Reserve Bank of India (RBI).

·                The Ad-hoc committee will examine the feasibility and expand the list of eligible investors who are permitted to take shareholding in a clearing corporation and suggest categories of investors who can acquire shareholding in such corporations.

 

25.           NETHERLANDS BECOMES INDIA’S THIRD LARGEST EXPORT DESTINATION IN FY 24

·                As per the data of the Ministry of Commerce and Industry (MOCI)the Netherlands emerged as the third largest export destination in FY24 after the United States of America (USA) and United Arab Emirates (UAE).

·                India’s exports to the Netherlands increased by 3.5% to USD 22.36 billion in FY24 as compared to USD 21.61 billion in FY23.

·                During FY24, India received about USD 5 billion in Foreign Direct Investment (FDI) from the Netherlands.

·                Netherlands Prime Minister  – Mark Rutte

·                Capital – Amsterdam

·                Currency – Euro (EUR)

 

26.           SC RECONSTITUTES GENDER SENSITISATION AND INTERNAL COMPLAINTS COMMITTEE

·                The Supreme Court of India (SC) re-constituted Gender Sensitisation and Internal Complaints Committee (GSICC). 

·                Justice Hima Kohli has been appointed as Chairperson to head the committee.

·                The committee comprises a total of 12 members from various fields.

 

27.           CROWN PRINCE OF KUWAIT

·                Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah was officially sworn in as the Crown Prince of Kuwait before the Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah (head of state of Kuwait).

·                He has served as Kuwait’s Prime Minister (PM) from 2019 to 2022 to Saudi Arabia from 1995 until 1998 and as chief of the national security from 1998 to 2006.

 

28.           WORLD ENVIRONMENT DAY 2024 – JUNE 5

·                The United Nations (UNWorld Environment Day (WED) is annually observed across the globe on 5 June to emphasise the critical importance of environmental protection and health.

·                The WED event has been led by the United Nations Environment Programme (UNEP), the specialised UN agency on environmental issues, since 1973.

·                The 2024 theme of the WED campaign is, “Land Restoration, Desertification and Drought Resilience” under the slogan “Our land. Our future. We are #Generation Restoration.”

·                The Kingdom of Saudi Arabia is the global host of World Environment Day 2024.

·                The Republic of Korea will host WED 2025 with a focus on ending plastic pollution globally.

·                UNEP Executive Director– Inger Andersen

·                Headquarters– Nairobi, Kenya

·                Founded in 1972