DAILY GK 14 JULY 2019
1.
CENTRE TO ESTABLISH FIRST NATIONAL POLICE UNIVERSITY
✔
The Government has proposed to set up the first National Police University in
the country which will impart education in policing and internal security.
✔It
will conduct undergraduate, graduate and postgraduate academic programmes in
specialized subjects.
✔The
dedicated universities have been already set up in Gujarat, Rajasthan and
Jharkhand for conducting courses in police services and internal security.
2. WOMEN
STARTUP SUMMIT 2019 HOSTED BY KERALA
✔Kochi
to host India’s largest women startup summit in August 2019. The meet will be
open for all women professionals, aspiring entrepreneurs, corporate leaders and
startup founders.
✔
‘Women Startup Summit 2019’ aims at encouraging aspiring women professionals to
take up their entrepreneurial journey and developing an inclusive
entrepreneurship ecosystem in the State.
3.
INDIA TO HOST COP-14 OF UNCCD
✔India
will host the 14th Session of the Conference of the Parties of the United
Nations Convention to Combat Desertification at India Expo Mart Limited in
Greater Noida, Uttar Pradesh.
✔It
will focus on 3 crucial issues- desertification, land degradation and drought.
✔197
countries are expected to participate in the global conference.
4.
USISPF 2ND ANNUAL LEADERSHIP SUMMIT HELD IN WASHINGTON
✔The
United States India Strategic and Partnership Forum 2nd annual leadership
summit was held in Washington DC, US.
✔It
focussed on defence and energy security. On this occasion, US India Bilateral
Trade Report was launched.
✔It
highlighted the following points: If India grows 7.5% every year, trade between
India and the US could reach $238 billion by 2025 from $143 billion at present.
✔By
2025, bilateral trade could range between $283 billion and $327 billion, at an
annual average growth rate of 10 to 12.5%, as witnessed in 2017 and 2018.
✔Jared
Kushner, senior adviser to the US President Donald Trump, presented the 2019
Global Excellence Awards to Mastercard Chief Executive Officer and President,
Ajay Banga, and Wipro Chairman, Azim Premji, in recognition of their
significant contributions to strengthening economic ties between the US and
India.
5.
FIRST GLOBAL CONFERENCE FOR MEDIA FREEDOM HELD IN LONDON
✔The
First Global Conference for Media Freedom 2019, hosted by the United Kingdom
and Canada in London, UK.
✔The
conference was structured around 4 themes: protection
and prosecution, including impunity, national frameworks and legislation,
building trust in media and countering disinformation and media sustainability.
✔Indian
delegation was led by Prasar Bharati Chairman Surya Prakash.
✔The
UK will provide 3 million pounds and Canada will provide Canadian Dollar 1
million contribution to the new fund.
6.
GOVT INFUSED OVER RS.3.15 LAKH CRORE INTO PSBS IN 11 YEARS BETWEEN FY09 AND
FY19
✔Anurag
Singh Thakur, Minister of State for Finance stated that the government has
infused over Rs 3.15 lakh crore into public sector banks in the last 11 years
up till 2018-19.
✔Public
sector banks source capital from internal capital generation, mobilization of
capital from markets, and the government infusion.
✔For
a strong impetus to the economy, the Government also proposed to make provision
for infusion of Rs 70,000 crore capital to PSBs to boost credit.
✔As
on March 31, 2019, all 18 PSBs meet the minimum CRAR (capital to risk-weighted
assets ratio) of 9 % requirement.
✔State
Bank of India has got the approval for raising equity capital of up to Rs
20,000 crore from the market by way of qualified institutional placement or
other modes till March 2020. It maintained the CRAR of 12.72% as on March 31,
2019, against the regulatory requirement of 11.325%.
7.
WILFUL DEFAULTS EXCEED $21 BILLION IN INDIA FOR THE YEAR 2018-19, SBI HOLDS THE
HIGHEST
✔The
state-owned banks in India stated that Rs.1.50 trillion ($21.76 billion) worth
of loans as wilful defaults in 2018-19.
✔The
State Bank of India holds the highest number of wilful defaults, worth around
INR 461.58 billion, while Punjab National Bank ranked second at Rs.250.9
billion and Bank of India at Rs.98.9 billion.
✔The
data from Reserve Bank of India stated that, as of March 31, 2019, gross loans
and advances in state-run banks came in at 638.2 billion rupees.
8. IN
2025, INDIA WILL OVERTAKE JAPAN TO BECOME THE WORLD’S 3RD LARGEST ECONOMY: IHS
MARKIT
✔IHS
Markit, a global information provider, in its report mentioned that India will
surpass Japan to be the world’s third largest economy in 2025 and it will
overtake the United Kingdom to become the fifth biggest economy in 2019.
✔Indian
Gross Domestic Product is predicted to reach $5.9 trillion in 2025 surpassing.
✔The
size of the Indian consumer market is forecasted to increase from $1.9 trillion
in 2019 to $3.6 trillion by 2025.
✔India’s
population growth rate is projected to slow rapidly over the next two decades.
✔GDP
growth was forecasted to average around 7% per year over the 2019-2023 period.
✔India
was ranked 77 out of 190 countries in the World Bank’s Ease of Doing Business
Index for 2019.
9.
GOVT WAIVED OFF BASIC CUSTOMS DUTY ON PRODUCTS IMPORTED FOR NUCLEAR PLANTS
✔In
order to reduce the dependency on carbon-based fuel for electricity generation,
the Government of India has waived off Basic Customs Duty for the products
which are imported for nuclear power plants.
✔BCD
of 7.5% for all goods for use in the generation of nuclear power & 2.5% for
all forms of uranium ores and concentrates for the generation of nuclear power
will now have no such duty.
✔This
comes after the budgetary support towards nuclear fuel inventory increasing 37%
year-on-year(y-o-y) to Rs 3,122 crore & allocation on atomic research and
development have been increased by 10% to Rs 6,264 crore.
✔India
had spent about Rs 1,800 crore in 2017 in buying enriched uranium pellets and
fuel pellets of natural uranium di-oxide from the companies in Kazakhstan and
Canada, and a Russia.
✔The
installed nuclear power capacity is 6,780 MW(Megawatt) at present seen to reach
13,480 MW by 2025.
10.
KRAS GETS $100 MN ORDER FOR BARAK-8 MISSILE KITS FOR INDIAN ARMY AND AIR FORCE
✔Hyderabad-based
Kalyani Rafael Advanced Systems Ltd, a 49:51 venture between Rafael Advanced
Systems and Kalyani Strategic Systems Ltd, secured a $100-million order from
Rafeal of Israel to supply 1,000 Barak-8 Medium-Range Surface-to-Air Missile
kits for the Indian Army and the Indian Air Force.
✔They
will be supplied to Bharat Dynamics Ltd for further integration.
✔As
a part of the Make-in-India initiative, Rafael’s collaboration with the Indian
defence industry led to investment of over $250 million.
11.
KAUSHIK GANGULY’S BENGALI FILM NAGARKIRTAN BAGS 4 AWARDS INCLUDING ‘BEST
FEATURE FILM’ AT SAARC FILM FESTIVAL 2019
✔The
9th edition of the South Asian Association for Regional Cooperation festival
2019 in Colombo, Srilanka. Bengali filmmaker Kaushik Ganguly’s film
‘Nagarkirtan’ has won four awards (Best Director’, ‘Best Actor’ and ‘Best
Original Score’) including ‘Best Feature Film’ at the festival.
✔Best
Actor award was conferred to Riddhi Sen.
✔Two
other Indian films have also won awards at the fest. ‘Na Bole Wo Haram’ bagged
the ‘Best Short Film’ award directed by Nitish Patankar, while ‘Walking With
the Wind’ received the Special Jury award directed by Praveen Morchhale.
12.
BUDDHIST TEACHER AND PEACE ACTIVIST THICH NHAT HANH AWARDED GANDHI MANDELA
PEACE MEDAL 2019
✔Believe
Foundation (India) and Dr. Raman Bhai Patel Foundation (South Africa) hosted
the first edition of Gandhi-Mandela Peace Initiative. It took place in New
Delhi, (11th July), Mumbai, (12th July) and Ahmedabad, (13th July).
✔The
event witnessed discussions on topics ranging from Youth, Women, Environment,
Education, Health, Gender Sensitivity, Arts and Cinema.
✔The
Annual Gandhi Mandela Peace Medal 2019 has been awarded to Thich Nhat Hanh.
✔The
Gandhi Mandela Award 2019 for Social Impact has been conferred on Dr. Achyuta
Samanta, founder of KIIT and Kalinga Institute of Social Sciences.
✔Gandhi
Mandela Award 2019 for Environment conferred to Mahendra Modi, DGP, IPS, Uttar
Pradesh & for Young Social Change conferred to Shabana Khan, Sneha, and
Suman.
13.
SBI’S ANSHULA KANT APPOINTED AS MD AND CFO OF WORLD BANK
✔Anshula
Kant, the managing director of the State Bank Of India has been appointed as
managing director and chief financial officer of the World Bank.
✔Kant
joined SBI in 1983 as a probationary officer and also served as the Deputy MD
of Operations for National Banking Group. She has been a Managing Director and
member of the Board since September 2018.
14. FIFA
U-17 WORLD CUP 2019 TO BE HOSTED BY BRAZIL
✔The
18th edition of the FIFA U-17 World Cup for the year 2019 will be hosted by
Brazil.