DAILYGK 22-23 MAY
1.
TREDS PLATFORM RXIL
CROSSES RS 1 LAKH CRORE IN MSME INVOICE FINANCING
·
India’s 1st Trade
Receivables electronic Discounting System (TReDS) exchange platform,
Receivables Exchange of India Limited (RXIL), has financed over 50 lakh
Micro, Small, and Medium Enterprises (MSME) invoices totaling Rs 1
lakh crore.
·
RXIL has over 25,000 registered MSMEs. It
has strategic partnerships with state governments for timely and competitive
payments.
·
It provides working capital solutions for
MSMEs through invoice financing.
·
RXIL is a joint venture (JV) promoted
by the Small Industries Development Bank of India (SIDBI), NSE
India (National Stock Exchange of India Ltd), State Bank of India (SBI),
ICICI Bank, and YES Bank Limited.
·
RXIL is the 1st entity to receive the
Reserve Bank of India(RBI)’s approval to launch TReDS Exchange Platform in
2016.
2.
BLOOMBERG BILLIONAIRES INDEX MAY 2024
·
According to the Bloomberg
Billionaires Index (daily ranking index as of 20th May
2024), Mukesh Ambani and Gautam Adani, are featured among the top
15 of world’s richest people.
·
Mukesh Ambani is
ranked 12th with a total net worth of USD 110 billion
and Gautam Adani is ranked 14th with a
net worth of USD 100 billion.
·
Bernard Arnault, the
founder and Chief Executive Officer (CEO) of LVMH Moët Hennessy Louis Vuitton, tops
the world’s richest list with a net worth of USD 220
billion.
·
For the first time, each person in the
top 15 super rich in the world has a net worth of USD 100 billion or
more.
·
Bernard Arnault is followed by Jeff
Bezos at USD 207 billion at 2nd position and Elon Musk at USD 190 billion
at 3rd rank.
·
Francoise Bettencourt Meyers,
Chairwoman of L’Oreal is ranked 15th with a net worth of USD 98.9 Billion.
She became the first woman to join the USD 100 billion club.
3.
PRESIDENT OF DOMINICAN REPUBLIC
·
Luis Rodolfo Abinader Corona has
been re-elected as the President of the Dominican
Republic for 2nd four-year term from 2024 to
2028.
·
Abinader won the presidential election by securing
58.85% of the vote.
·
Dominican RepublicCapital- Santo
Domingo
4.
INTERNATIONAL TEA DAY 2024
– MAY 21
·
The United Nations (UN)’s International
Tea Day (ITD) is annually observed across the globe on 21st
May to promote sustainable production and consumption of tea and
highlight the role of tea cultivation in combating hunger and poverty.
·
ITD is observed by the Food and
Agriculture Organization(FAO) of the United Nations.
·
ITD has been celebrated since 2005 on
15th December in tea-producing countries like Bangladesh, Sri Lanka, Nepal,
Vietnam, Indonesia, Kenya, Malawi, Malaysia, Uganda, India and Tanzania.
5.
NATIONAL ANTI-TERRORISM DAY 2024 –
MAY 21
·
National Anti-Terrorism Day is
annually observed across India on 21 May to mark the death
anniversary of former Prime Minister (PM) Rajiv Gandhi,
who was assassinated in 1991 at Sriperumbudur, a village near Chennai, Tamil
Nadu.
·
In 1992,
the Government of India (GoI) decided to observe 21 May as National
Anti-Terrorism Day to honour the memory of Rajiv Gandhi.
6.
INDIA'S
85TH GRANDMASTER
·
P Shayaamnikhil became India's 85th
Grandmaster by completing his third and final GM
norm in the just-concluded Dubai Police Masters chess tournament,
ending a 12-year-wait for the player who took to the sport as an
eight-year-old.
·
The 31-year-old conjured the requisite 2500
ELO rating points, the minimum requirement to be a GM, way back in 2012 with
two Grandmaster norms but for the third one, he had to wait for 12 years.
7.
UN
PROCLAIMS 25TH MAY AS WORLD FOOTBALL DAY
·
The United Nations General
Assembly has proclaimed 25th May as the World Football Day, by adopting a
resolution during the 80th plenary meeting of the General Assembly in
New York.
·
The year 2024 marks the 100th
anniversary of the first international football tournament in
history with the representation of all regions as part of the 1924 Summer
Olympic Games, held in Paris.
8.
WEF’S TRAVEL & TOURISM
DEVELOPMENT INDEX 2024
·
According to the World Economic Forum (WEF)’s 2nd
edition of the Travel & Tourism Development Index (TTDI 2024), India is
ranked 39th among 119 economies with a TTDI score of
4.25.
·
USA has topped the
list with a TTDI score of 5.24 followed by Spain (5.18)
and Japan (5.09) at 2nd and 3rd rank respectively.
·
India is ranked highest in South Asia
and among the lower-middle-income economies.
·
WEFPresident – Borge
Brende
·
Headquarters – Cologny,
Switzerland
9.
RANGELANDS FACES SILENT DEMISE
THREATENS FOOD SECURITY: UNCCD REPORT
·
According to United Nations Convention to
Combat Desertification’s (UNCCD) report titled “Global Land Outlook Thematic
Report on Rangelands and Pastoralists” up to 50% of world’s vast
rangelands are degraded and is nearly double the previous estimates that
ranged from 20% to 35%.
·
The report ranked the world regions
affected by rangelands degradation in descending orderCentral Asia, China,
Mongolia; North Africa and Near East; Sahel and West Africa; South America;
East Africa, North America, Europe, South Africa and Australia.
·
UNCCDHeadquarters: Bonn,
Germany
10.
GLOBAL CARBON EMISSIONS PRICING -
WORLD BANK REPORT
·
According to the World Bank (WB)’s 11th
annual report titled “State and Trends of Carbon Pricing 2024”, total
revenues from carbon taxes and Emissions Trading Systems (ETSs) in 2023 have
reached a record high of USD 104 billion.
·
For the first time,
the carbon pricing revenues have crossed the threshold of USD 100 billion.
·
Carbon Pricing
is an instrument that captures the external costs of GHG emissions.
·
It is paid by public for damage to
crops, health care costs from heat waves and droughts, and
loss of property from flooding and sea-level rise and ties them to their
sources through a price, usually in the form of a price on the carbon dioxide
(CO2) emitted.
·
World BankPresident- Ajay
Banga
·
Headquarters- Washington,
DC
·
Established- 1944
11.
INTERNATIONAL BOOKER PRIZE 2024 FOR
‘KAIROS’
·
German author Jenny Erpenback and
translator Michael Hofmann have been named the winner of
the International Booker Prize 2024 for the book ‘Kairos’.
·
Jenny Erpenbeck became the 1st German writer
to win the Prize, and Michael Hofmann became the 1st male translator to
win since the Prize launched in its current form in 2016.
·
Kairos became
the 1st book translated from German to English to
win the International Booker Prize.
12.
NEW PRESIDENT OF VIETNAM
·
The 15th National Assembly of Viet Nam has
elected General To Lam as the New President of
the Socialist Republic of Viet Nam for the 2021-2026 tenure.
·
He takes over from Vice President Vo
Thi Anh Xua, who has been serving as the Interim President since 21st
March 2024 following the resignation of President Vo Van Thuong on
20th March 2024.
·
VietnamPrime Minister – Pham
Minh Chinh
·
Capital – Hanoi
·
Currency – Vietnamese
dong
13.
ELORDA CUP BOXING - ASTANA 2024
·
India finishes third in
the medal tally with a total of 12 medals (2 Gold , 2 Silver
& 8 Bronze) in the 3rd edition Elorda Cup Astana 2024 (International Boxing
Tournament) held in Astana, Kazakhstan.
·
Kazakhstan Topped
the medal tally with a total of 52 medals (14 Gold, 13 silver & 25
Bronze) and China at the second position with 7 medals (5
Gold, 1 silver & 1 Bronze) .
·
Minakshi (Women’s (W)48 kg)
defeated Uzbekistan’s RahmonovaSaidahon to give India its first gold
medal of the competition, while Nikhat Zareen (W 52 kg) defeated
ZhaziraUrakbayeva of Kazakhstan to win a gold medal.
14. CASABLANCA
CHESS TOURNAMENT 2024
·
Five-time World Champion & World No. 1
Chess player Magnus Carlsen won the inaugural Casablanca
Chess Variant Tournament 2024 that was held at Mahkama du Pacha in
Casablanca, Morocco.
·
Magnus Carlsen from Norway finished the
4-player event with 4.5 points from 6 rounds.
·
The tournament featured 4 distinguished
players who represented 4 different continents i.e.
Vishwanathan Anand (Asia), Bassem Amin (Africa), Hikaru
Nakamura (America) and Magnus Carlsen (Europe).
·
Hikaru Nakamura from
United States of America (U.S.A.) secured 2nd position with 3.5 points.
·
5-time World Champion and Indian Chess
Player, Vishwanathan Anand secured the 3rd position with
3 points.
15. INTERNATIONAL
DAY FOR BIOLOGICAL DIVERSITY 2024 – MAY 22
·
The United Nations (UN) International
Day for Biological Diversity(IDB) is annually observed across the
globe on 22nd May to increase understanding and awareness of
biodiversity issues and to promote the conservation of biological diversity.
·
The theme
of IDB 2024 is “Be part of the Plan”.
