DAILY GK: 26, 27 JUNE 2022
1. CHINA’S NAVY TO BUILD A NAVAL FACILITY IN CAMBODIA
• China is secretly building a naval
facility on the northern portion of Cambodia’s Ream Naval Base that would help
extend its military’s currently limited reach in foreign waters.
• China commands the world’s largest naval
fleet with more than 350 vessels compared to the US Navy has 296 ships and
submarines.
• China currently has only one foreign naval
base at Djibouti in East Africa.
2. RBI EXTENDS CARD TOKENISATION DEADLINE BY 3 MONTHS TILL
SEPTEMBER 30, 2022
• The Reserve Bank of India (RBI) extended
the Card on File (CoF) tokenisation deadline by another three months to
September 30, 2022 from June 30, 2022 for all Payment System Providers and
Payment System Participants.
• This is the third time RBI has extended
the deadline of its implementation.
• RBI Guidelines for tokenization: RBI
mandated to store customer’s card information in the form of an encrypted form
i.e. Card-On-File Tokenisation (COFT) to secure transactions. COF turns
sensitive cardholder data into randomly generated 16 digit numbers called
“token” with no meaningful value, if breached.
• These tokens then allow payments to be
processed without disclosing any customer details.
• To create a token under the CoFT
framework, the cardholder has to undergo a one-time registration process for
each card at every online / e-commerce merchant’s website / mobile application,
by entering the card details and giving consent for creating a token.
• This consent is validated by way of
authentication through an Additional Factor of Authentication (AFA).
3. WOMEN’S PRIZE FOR FICTION 2022
• Ruth Ozeki, American-Canadian author,
film-maker and Zen Buddhist priest, has won the Women’s Prize for Fiction 2022
for her novel title “The Book of Form & Emptiness”.
• The award recognises any woman writing in
english irrespective of her nationality, country of residence, age or subject
matter.
4. PARAMESWARAN IYER TO TAKE OVER AS CEO OF NITIAAYOG
• Appointments Committee of the Cabinet(ACC)
has approved the appointment of Parameswaran Iyer, 1981 batch Indian
Administrative Service (IAS) officer of Uttar Pradesh(UP) cadre as the Chief
Executive Officer(CEO) of NITI Aayog(National Institution for Transforming
India) for a period of 2 years or until further orders.
• He takes over as the new CEO of NITI Aayog
succeeding Amitabh Kant who is set to complete his 6-year stint as CEO of NITI
Aayog by the end of June 2022.
• NITI Aayog was formed via a resolution of
the Union Cabinet on 1 January 2015.
• Chairman– Narendra Modi (Prime Minister of
India),Vice Chairman– Suman Bery
5. AVINASH KULKARNI APPOINTED AS CEO OF IDRCL
• Avinash Kulkarni, Chief Executive
Officer(CEO) of India Resurgence ARC (Asset Reconstruction Company) Private
Limited (IRARC), has been appointed as the CEO of India Debt Resolution Company
(IDRCL) for a period of 3 years.
• With this appointment, the key executives
are in place to start the consolidation of
bad loans from banks through the National Asset Reconstruction Company
Limited (NARCL).
• Unlike NARCL, IDRCL does not require the
approval of the Reserve Bank of India(RBI) for the appointment of its CEO.
• IDRCL is a private sector company
controlled by private sector banks that own a 51% share.
• The 7 member board of IDRCL is headed by
Diwakar Gupta, former Managing Director (MD) of SBI.
6. VL-SRSAM SUCCESSFULLY FLIGHT-TESTED
• An indigenously developed Vertical Launch
Short Range Surface to Air Missile (VL-SRSAM) was successfully flight-tested by
the Defence Research and Development Organisation (DRDO) and the Indian Navy
(IN) from a warship at Integrated Test Range (ITR), Chandipur off the coast of
Odisha.
• It is a ship-borne weapon system to
neutralize various aerial high-speed airborne targets at the range of 40km to
50km and at an altitude of around 15km including sea-skimming targets.
• Its design is based on Astra missile which
is a Beyond Visual Range Air-to-Air missile.
• It is developed by DRDO facilities of
Defence Research and Development Laboratory (DRDL) and Research Centre Imarat
(RCI), both from Hyderabad (Telangana), and Research & Development
Establishment (Engineers) based in Pune (Maharashtra).
7. BADMINTON: INDONESIA OPEN 2022
• Indonesia Open 2022 was held in Jakarta,
capital of Indonesia.
• Men’s Singles: – Viktor Axelsen from
Denmark won Men’s Single title against China’s Zhao Jun Peng and became top in the
men’s singles World Tour rankings.
• Indian male shuttler HS Prannoy went semi
final and lost his game against China’s Zhao Jun Peng.
• Women’s Singles: –Tai Tzu Ying from
Chinese Taipei defeated 2022 Asian champion Wang Zhi Yi of China to claim the women’s
singles title.
