DAILY GK 5-7 SEPT 2024
1.
F1 ITALIAN GP 2024
·
Ferrari’s Charles Leclerc,
a Monacan racing driver, won the Formula One (F1) Italian Grand
Prix (GP) 2024 held at the Autodromo Nazionale
Monza in Monza, Italy.
·
McLaren’s Oscar Piastri (Australia)
finished 2nd followed by McLaren’s Lando Norris (the
United Kingdom -UK) in the 3rd position.
2.
61ST NATIONAL CHESS
CHAMPIONSHIP
·
Grandmaster
(GM) Karthik Venkataraman from Andhra Pradesh (AP)
won the National Chess Championship 2024, the 61st
edition of the annual national chess championship of India, held
at Gurugram, Haryana.
·
GM Ganguly
Surya Shekhar finished 2nd
while International Master (IM) Neelash Saha finished
3rd.
·
Along with a trophy, Karthik received a cash
prize of Rs 6 lakhs
·
This marks Karthik Venkataraman’s 2nd victory in a national championship.
·
He has previously won the 59th National Chess Championship (2022), held in New Delhi
in 2023.
·
With this victory, Karthik is qualified for
the Federation Internationale des Echecs’s (FIDE) Chess World
Cup, which will take place in 2025.
·
He became the Grandmaster at
the age of 18 in 2018.
3.
DURAND CUP FOOTBALL
2024
·
North
East United Football Club (NEUFC) won
their first ever Durand Cup title by defeating defending champions Mohun Bagan Super Giant (MBSG) 4-3 in
a penalty shootout at the 133rd Indian Oil Durand Cup
(2024), which was held at the Vivekananda Yuba
Bharati Krirangan (VYBK) in Kolkata, West Bengal(WB).
·
The
winning team NEUFC was awarded the cash prize of Rs 60 lakhs while the
runners-up MBSG was awarded the cash prize of Rs 30 lakhs.
·
Kerala
Blasters FC forward Noah Sadaoui won the Golden
Boot Award as the tournament’s top scorer with 6 goals. He
·
NEUFC
Goal Keeper, Gurmeet Singh won the Golden
Glove Award
·
NEUFC’s Jithin MS won
the Golden Ball Award for scoring 4 goals and
providing 3 assists.
·
The Durand
Cup, established in 1888, is Asia’s
oldest football tournament and the 5th
oldest national football competition in the world.
4.
PARIS PARALYMPICS 2024
·
India sent a total of 84
athletes
·
India won 29 medals, including
7 golds, 9 silvers, and 13 bronzes.
|
India
Gold medal Winners |
|||||||||
|
No. |
Athlete |
Sport |
Event |
Medal |
|||||
|
1 |
Avani
Lekhara |
Shooting |
Women’s
10m Air Rifle Standing SH1 |
Gold |
|||||
|
2 |
Nitesh
Kumar |
Badminton |
Men’s
Singles SL3 |
Gold |
|||||
|
3 |
Sumit
Antil |
Athletics |
Javelin
Throw F64 |
Gold |
|||||
|
4 |
Harvinder
Singh |
Archery |
Men’s
Individual Recurve Open |
Gold |
|||||
|
5 |
Dharambir |
Athletics |
Men’s
Club Throw F51 |
Gold |
|||||
|
6 |
Praveen
Kumar |
Athletics |
Men’s
High Jump T64 |
Gold |
|||||
|
7 |
Navdeep
Singh |
Athletics |
Men’s
Javelin Throw F41 |
Gold |
|||||
|
Global Medal Tally Highlights |
|||||||||
|
Rank |
Country |
Gold |
Silver |
Bronze |
Total |
||||
|
1 |
People’s
Republic of China |
94 |
76 |
50 |
220 |
||||
|
2 |
Great
Britain |
49 |
44 |
31 |
124 |
||||
|
3 |
United
States of America |
36 |
42 |
27 |
105 |
||||
|
18 |
India |
7 |
9 |
13 |
29 |
||||
5.
WORLD DEAF SHOOTING CHAMPIONSHIP
·
Dhanush Srikanth won three
gold medals for
India at the World Deaf Shooting Championship in Hanover, Germany.
·
He won
the individual gold in the men's air rifle category,
setting two world records in the process.
·
Dhanush
secured gold in the 10m mixed team event
alongside Mahit Sandhu and in
the 10m air rifle men's team event with
Saini and Vania, setting world records in both qualifications and finals
(628.8).
·
Dhanush Srikanth and Mahit
Sandhu secured
the gold medal in the mixed air rifle event
6.
NEW SELECTOR FOR MEN'S CRICKET TEAM
·
The Board
of Control for Cricket in India (BCCI) has appointed Ajay
Ratra, a former India
wicketkeeper, as a selector for the men's cricket team.
·
As per
the convention, each of the five
selectors represents a different zone. Ratra will represent the North
Zone in the committee, which is headed by Ajit
Agarkar.
7.
"RESET" PROGRAMME TO EMPOWER RETIRED SPORTSPERSONS
·
Union Minister Dr. Mansukh
Mandaviya launched
the "Retired Sportsperson Empowerment Training" (RESET)
Programme on National Sports Day in New Delhi.
·
The
programme aims to empower retired
athletes by providing them with the necessary knowledge, skills, and
opportunities to enhance their employability and career development.
·
RESET Programme will serve as a bridge between generations, enabling retired athletes to share
their rich experiences with the new generation of aspiring athletes.
·
Retired
sportspersons aged 20-50 years who have won
international medals, participated in international events, or have been
national/state medallists in competitions recognized by National
Sports Federations, the Indian Olympic Association, or the Ministry of Youth
Affairs and Sports are eligible to apply.
·
The
programme will cater to two levels of educational qualifications: Class
12th and above and Class 11th and below.
8. RBI
SCHEME FOR TRADING AND SETTLEMENT OF SOVEREIGN GREEN
BONDS IN IFSC
·
The
Reserve Bank of India (RBI) launched a “Scheme for
Trading and Settlement of Sovereign Green Bonds (SGrBs) in International Financial Services Centre (IFSC) in
India” in exercise of its powers conferred under Section 45W of the RBI
Act, 1934
·
The
scheme aims to facilitate investments in SGrBs issued by the Government of
India (GoI) to eligible foreign investors in the IFSC.
·
SGrBs were first issued in January 2023 as
part of the government’s initiative to promote sustainable finance and
environmental projects.
·
Persons resident outside India as defined in
Section 2(w) of the Foreign Exchange
Management Act (FEMA), 1999, that are eligible to invest in the IFSC.
·
Participants must comply with the Government
Securities Act, 2006, the Foreign Exchange Management
Act, 1999, and related RBI regulations.
·
Investors eligible for the domestic market
cannot transfer securities between onshore and IFSC demat accounts.
·
IBUs (IFSC
Banking Units: banking units set up in the IFSC) are restricted from
participating in primary auctions but can engage in secondary market trades
with investors.
·
Any open positions due to settlement failures
must be closed out on a T+0 basis (same-day transaction
settlement) by reversing trades with the parent bank or its branch/subsidiary
in India
·
RBI Governor –
Shaktikanta Das
·
Deputy Governors –
Swaminathan Janakiraman, Michael Debabrata Patra, M. Rajeshwar Rao,
T. Rabi Sankar
·
Establishment–
1st April 1935
·
Headquarters–
Mumbai, Maharashtra
9.
SEBI REVISED ELIGIBILITY CRITERIA FOR ENTRY,
EXIT OF STOCKS IN F&O SEGMENT
·
The
Securities Exchange Board of India (SEBI) revised
the criteria for entry and exit of
stocks in the Futures and Options (F&O) or
derivatives segment to enhance market stability by ensuring only actively
traded and financially robust stocks participate in the derivatives segment.
·
The circular is effective immediately,
and 6 month gestation period has been granted to existing
stocks to meet the requirements of new norms.
·
As per the revised guidelines, Median Quarter
Sigma Order Size (MQSOS), MQSOS over the previous 6 months, on a rolling basis
has been increased from Rs 25 lakhs
to Rs 75 lakhs.
·
SEBI has increased Market Wide Position
Limit (MWPL) of stocks over the previous 6 months, from the
existing limit of Rs 500 crore to Rs 1500 crore.
·
SEBI Chairman- Madhabi Puri Buch
·
Headquarter- Mumbai,
Maharashtra
·
Established- 1992
10.
RBI PENALTY ON UCO BANK AND CENT BANK HOME FINANCE
LIMITED
·
The Reserve
Bank of India (RBI) has imposed a monetary penalty
of Rs 2.68 crore on UCO Bank.
§ For non-compliance with RBI directions
related to: Interest Rate on Advances,Opening of Current Accounts by Banks
(Need for Discipline),Interest Rate on Deposits
·
RBI has
also imposed a penalty of Rs 2.1 lakh on Cent Bank Home Finance
Limited.
·
For
Non-compliance with certain Know Your Customer (KYC) directions provisions.
11.
INCREASE IN PRIVATE SECTOR BANKS' CREDIT SHARE IN JUNE 2024
·
According
to the Reserve Bank of India’s (RBI’s) quarterly BSR data, the
share of public sector banks (PSBs) in total credit continued to
decline and stood at 53.1% in June 2024 (55.8% a year ago) with
concomitant rise for private sector banks (PvBs).
·
The share
of PvBs in total credit increased to 46.9% in June 2024, up
from 36.5% in March 2021, highlighting their growing market share.
·
The share of scheduled commercial banks
(SCBs) deposits offering
7% and above interest rates increased to 66.9% in June 2024, compared to 45.4%
a year earlier.
·
The share of savings deposits in total
deposits decreased to 29.8%
in June 2024 from 30.1% in the previous quarter and 31.8% a year ago.
·
Year-on-year
(YoY) bank credit growth slowed
slightly to 15% in June 2024, net of the HDFC-HDFC Bank merger, from 15.6% in
the previous year.
·
Year-on-year
(YoY) growth in bank deposits moderated
to 11.7% in June 2024, net of merger (12.2% including the impact of merger),
down from 13.1% (13.7% including merger) a quarter earlier.
·
The share of the private corporate sector in
total bank credit
increased to 26.4% in June 2024 from 25.7% a year ago.
12. GOVERNMENT EXTENDS INTEREST EQUALISATION
SCHEME FOR EXPORTERS
·
The government has extended the Interest Equalisation Scheme on pre- and post-shipment rupee export
credit by one more month, now valid until September 30, 2024.
·
This
extension aims to support the country's
outbound shipments.
·
The
scheme, which offers interest benefits to exporters, was
initially set to expire on August 31, 2024.
·
On December
8, 2023, the Union Cabinet approved an additional
allocation of Rs 2,500 crore for the continuation of the scheme
up to June 30, 2024.
·
This
additional outlay is above the current allocation of Rs 9,538
crore and was necessary to bridge the funding gap for the
scheme's continuation.
·
The Interest
Equalisation Scheme was launched on April 1, 2015,
initially valid for five years until March 31, 2020. It
has since been extended multiple times, including during the Covid-19 pandemic.
·
The
scheme is fund-limited with a cap of Rs
10 crore per annum per Import Export Code (IEC) for individual
exporters.
·
India's exports, after remaining positive for three months,
saw a contraction of 1.5% to USD 33.98
billion in July.
·
Concurrently,
the trade deficit widened to USD 23.5
billion.
13.
INDIA'S DECISION TO RETAIN CURRENT TAX STRUCTURE FOR
ELECTRIC & HYBRID VEHICLES
·
The Indian
government has decided to retain the current tax
structure for electric and hybrid vehicles for an
extended period.
·
Electric cars will continue to be taxed at a lower
rate of 5%, whereas hybrid cars will face
a higher tax rate of 48%.
·
The government's stance aligns with its broader goal of
achieving carbon neutrality by 2070.
14.
WORLD COCONUT DAY 2024 – SEPTEMBER 2
·
World Coconut Day is
annually observed across the globe on 2 September to highlight
the importance of coconuts and their contributions to agriculture, industry,
cuisine, etc.
·
The 2024
theme of World Coconut Day is, “Coconut for a Circular
Economy: Building Partnership for Maximum Value.”
·
The Day marks the foundation of the
International Coconut Community (ICC), (formerly the Asian and Pacific
Coconut Community (APCC), in 1969, with India as a founding member.
·
International Coconut Community (ICC) Headquarters–
Jakarta, Indonesia
·
Founded– 1969
15.
SKYSCRAPER DAY 2024: SEPTEMBER 3
·
Skyscraper Day is celebrated on September
3 every year.
·
The day
marks the birth anniversary of Louis H. Sullivan, known
as the 'father of modern skyscrapers'.
·
The
world's first skyscraper was the Home
Insurance Building in Chicago, completed
in 1885.
·
The term
"skyscraper" was first used in the 19th century to
describe buildings over 10 stories tall.
16. NATIONAL
TEACHERS’ DAY 2024 – SEPTEMBER 5
·
National Teachers’ Day is annually observed across India
on 5 September to commemorate the birth
anniversary of Bharat Ratna Dr. Sarvepalli Radhakrishnan,
a great philosopher and scholar, who served as the 1st Vice-President and the 2nd President of Independent India.
·
The 1st National Teachers’ Day was
observed on 5 September 1962
·
On the occasion of National Teachers’ Day
2024, President Droupadi Murmu conferred
the National Teachers’ Award 2024 (NTA
2024) to 82 recipients, at Vigyan Bhawan, in New
Delhi, Delhi.
17.
INTERNATIONAL LITERACY DAY 2024-
SEPTEMBER 8
·
UNESCO officially declared 8th
September as International Literacy Day during its 14th General Conference in 1967
·
Theme is "Promoting multilingual education: Literacy for mutual
understanding and peace
