DAILY GK: 21 , 22 JAN 2022
1.
INDONESIA REPLACES SINKING JAKARTA WITH NEW
CAPITAL CITY NUSANTARA
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The Indonesian Parliament has passed a law to relocate its capital from
Jakarta to East Kalimantan, situated to the east of Borneo island.
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The new capital city of the country will be called Nusantara, which is a
symbol of the identity of the nation, and also a new centre of economic
gravity.
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Cause for change in Capital:Jakarta is prone to flooding & climate
change which also suffers from congestion and air pollution.
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According to the World Economic Forum (WEF), Jakarta is one of the
fastest-sinking cities on Earth which has been dropping into the Java Sea due
to the over-extraction of groundwater.
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The name of the new city Nusantara (also called IKN) has been chosen by
President Joko Widodo, it is a Javanese term translated as ‘archipelago’ in the
Indonesian language.
2.
UNCTAD’S INVESTMENT TRENDS MONITOR
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As per the United Nation Conference on Trade and Development’s (UNCTAD)
‘Investment Trends Monitor’ published in January 19, 2022, the Foreign Direct
Investment (FDI) flows to India in 2021 had decreased by 26 percent mainly
because large Mergers & Acquisition (M&A) offers recorded in 2020 were
not repeated.
·
The world’s overseas direct funding flows have rebounded in 2021, which
rose at 77 percent to an estimated USD 65 trillion, from USD 929 billion in
2020.
·
Greenfield investment project in India had contracted by 19 percent to
USD 24 billion and the number of new projects in global value chains (GVCs)
including industries, such as electronics were decreased.
3.
15TH BRICS STI STEERING COMMITTEE MEETING
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15th meeting of the BRICS Science Technology Innovation (STI) Steering
Committee decides that India will host five events in 2022.During the meeting,
India handed over the chairmanship to China. China will be the Chair for 2022.
·
Theme for BRICS 2022 -“Foster High-Quality BRICS Partnership Usher
in a New Era for Global Development”.
·
Out of 25 events that is to be conducted in 2022 by China, India will
host five. The Department of Promotion of Industry and Internal Trade (DPIIT)
is the main executing agency for the BRICS Startups Forum and creation of
innovation Knowledge Hub.
·
The British Economist Jim O’Neill coined the term BRIC (without South
Africa) in 2001, claiming that by 2050 the four BRIC economies would come to
dominate the global economy by 2050.
·
Currently the BRICS comprises five major emerging economies Brazil,
Russia, India, China, and South Africa (joined in 2010).
4.
RBI RELEASED RBI-DPI FOR SEPTEMBER 2021
·
The Reserve Bank of India (RBI) released the RBI – Digital Payments
Index (RBI-DPI) for September 2021, as per the index the digital payments
increased by 39.64 percent to 304.06 as against 217.74 in September 2020.
·
It is the index launched by RBI in January 2021 with March 2018 as the
base period (ie. DPI score for March 2018 is set at 100) to identify the extent
of digitisation of payments across the country. The index will be released
semi-annually with a lag of 4 months.
·
Index Parameters: The index has 5 different parameters and
sub-parameters to represent the adoption and deepening of digital payments
across India over different time periods.
·
The 5 parameters include – Payment Enablers, Payment Infrastructure –
Demand-side factors, Payment Infrastructure – Supply-side factors, Payment
Performance, and Consumer Centricity.
5.
NSE REMAINS WORLD’S LARGEST DERIVATIVES MARKET
FOR 3RD STRAIGHT YEAR
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The National Stock Exchange of India (NSE) has emerged as the world’s
largest derivatives exchange for the third consecutive year in 2021 in terms of
the number of contracts traded, based on the statistics maintained by the
Futures Industry Association (FIA).
·
As per the statistics maintained by the World Federation of Exchanges
(WFE) for 2021, the NSE exchange was ranked 4th by the number of trades in cash
equities.
·
At the instrument level, NSE ranks first in index options and currency
options by the number of contracts traded.
·
On the NSE, the trading in index options contracts on the Nifty Bank
index ranks 1st and the Nifty 50 index ranks 2nd globally within the index
options category by the number of contracts traded.
·
NSE Indices, the National Stock Exchange’s index services subsidiary,
launched Nifty India Defence index to track the performance of a portfolio of
stocks that broadly represent the Defence theme.
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NSE Headquarter – Mumbai.
6.
SMRITI MANDHANA NAMED IN 2021 ICC T20I WOMEN’S
TEAM OF THE YEAR
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Indian cricketer Smriti Mandhana was named in 2021 ICC (International
Cricket Council) Women’s T20I team of the year.
·
No Other Indian Player named in Men’s as well Women’s List.
7.
2022 GENESIS PRIZE
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The Genesis Prize Foundation has named Dr Albert Bourla, Chief Executive
Officer(CEO) and Chairman of Pfizer as the 2022 Genesis Prize Laureate for his
efforts in leading the development of the COVID-19 vaccine.
·
The Genesis Prize, is dubbed the “Jewish Nobel”.
·
The prize is awarded to the winner for their professional achievements
and contribution towards humanity and their commitment to Jewish Values.
8.
INDIA SUCCESSFULLY TEST-FIRES NEW VERSION OF
BRAHMOS SUPERSONIC CRUISE MISSILE
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India successfully test-fired a new version of the BrahMos supersonic
cruise missile at Chandipur, off Odisha coast.
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BrahMos is the main weapon system of the Indian Navy warships.
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An underwater version is also being developed which will be used by the
submarines of India.
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The BrahMos is a universal long range supersonic cruise missile
system developed by Defence Research and Development Organisation (DRDO)
and the Russian Federation’s NPO Mashinostroyeniya.
·
BrahMos was named after two major rivers of India and Russia:
Brahmaputra and Moskva.
·
It is equipped with Stealth Technology, Advanced guidance system, High
Target Accuracy (irrespective of weather conditions), Constant supersonic
speed.
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BrahMos can be launched from land, aircraft, ships, and even submarines.
BRAHMOS Weapon Systems has been inducted and is operational with the Indian
Navy (IN) as well as the Indian Army (IA).
9.
PM LAUNCHES ‘AZADI KE AMRIT MAHOTSAV SE SWARNIM
BHARAT KI ORE’
·
Prime Minister Narendra Modi inaugurated the new Circuit House near
Somnath Temple in Gujarat through video conferencing.
·
PM emphasised Swachcha Bharat Abhiyaan (cleanliness), convenience of the
people, facilities and modern thinking to boost India’s domestic tourism.
·
The PM insisted on adopting ‘vocal for locals’ that includes local
tourism.
·
PM Narendra Modi also launched ‘Azadi Ke Amrit Mahotsav se Swarnim
Bharat Ki Ore’ via video conferencing.
·
The launch event was held on the occasion of the 53rd Ascension
Anniversary of Pitashri Prajapita Brahma, Founding Father of Brahma Kumaris.
10.
INDIAN NAVY’S P-8I AIRCRAFT PARTICIPATED IN ASW
EXERCISE SEA DRAGON-22 AT GUAM, US
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P-8I long-range maritime reconnaissance aircraft of the Indian Navy has
participated in the multinational Anti-Submarine Warfare (ASW) Exercise Sea
Dragon-22 held at Guam is an unincorporated territory of the United States
(US).
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Sea Dragon is an annual multinational high-end exercise hosted by the US
Navy.
·
Quad countries, Canada and South Korea have participated in the 2-week
exercise which began on 5th January and concluded on 20th January 2022.
11.
EXISTING NBFC-ICCS WITH ASSET SIZE OF RS
1,000CR & ABOVE ALLOWED UNDERTAKING FACTORING BUSINESS: RBI
·
the Reserve Bank of India (RBI) issued the following regulations after
exercising its powers conferred under the Factoring Regulation Act, 2011.
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Registration of Factors (Reserve Bank) Regulations, 2022.
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It permits all existing non-deposit taking Non-Banking Finance
Company-Investment and Credit Companies (NBFC-ICCs) with asset size of Rs 1,000
crore and above to undertake factoring business, subject to certain conditions.
·
This will increase the number of NBFCs eligible to undertake factoring
business significantly from 7 to 182.
·
Other NBFC-ICCs can also undertake factoring business by registering as
NBFC-Factor.
12.
MIA AMOR MOTTLEY SWORN IN AS PM OF BARBADOS
·
the Prime Minister (PM) of Barbados, Mia Amor Mottley, was sworn in for
a second term.
·
She became Barbados’ eighth and first female Prime Minister elected in
2018.She is also the first female PM of Barbados to lead a second term as the
PM.
·
Barbados is a Caribbean island and an independent British Commonwealth
nation situated in North America. Capital– Bridgetown.
13.
RAGHUVENDRA TANWAR WAS APPOINTED AS THE
CHAIRMAN OF ICHR
·
The government of India(GoI) has appointed Raghuvendra Tanwar, Professor
emeritus of Kurukshetra University(KU), as the chairman of the Indian Council
of Historical Research (ICHR) for a period of 3 years from the day he assumes
office or until further orders.
14.
ACC U-19 ASIA CUP CRICKET 2021
·
India under 19(U-19) cricket Team, led by Yash Dhull has won the Asian
Cricket Council (ACC) U-19 Asia Cup 2021, a record eighth title, defeating Sri
Lanka by 9 wickets at the match held at Dubai International Cricket Stadium,
Dubai, United Arab Emirates(UAE).
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The ACC U-19 Asia Cup is organised by the Asian Cricket Council(ACC).
·
The first-ever U19 Asia Cup was held in 1989 in Bangladesh.
