Monday 30 November 2020
GK Update of Twenty ninth and Thirtieth November 2020 overlaying the next information headlines: PRAGATI Meet, Honey FPO Programme, UBS, IRDAI, Virat Kohli.
National News
1. PM Modi Chairs thirty third PRAGATI Meet
- Prime Minister Narendra Modi has chaired the thirty third PRAGATI assembly to evaluate a number of tasks, grievances and programmes.
- PRAGATI stands for “Pro-Active Governance and Timely Implementation”.
- The tasks price round Rs 1.41 lakh crore, associated to 10 states and union territories, have been reviewed. They included Odisha, Maharashtra, Karnataka, Uttar Pradesh, Jammu & Kashmir, Gujarat, Haryana, Madhya Pradesh, Rajasthan and Dadra and Nagar Haveli.
- These tasks have been associated to the Ministry of Railways, MORTH, DPIIT and Power Ministry.
2. PM Modi visits 3 cities to evaluate coronavirus vaccine improvement
- Prime Minister Narendra Modi has launched into a three-city go to on 28 November 2020, to personally evaluate the COVID-19 vaccine improvement and manufacturing course of at amenities in these cities.
- Facilities visited by PM Modi are Zydus Biotech Park in Ahmedabad, Bharat Biotech in Hyderabad and Serum Institute of India in Pune
- The scientists at these amenities expressed their pleasure that the Prime Minister met them head to head as a way to enhance their morale and assist speed up their efforts within the vaccine improvement journey.
International News
3. Narendra Singh Tomar launches Honey FPO Programme in 5 states
- The Union Minister of Agriculture and Farmers’ Welfare, Narendra Singh Tomar just about inaugurated Honey Farmer Producer Organisation (FPO) Programme in 5 states, for producing honey.
- The Honey FPO Programme goals to deal with the problems confronted by the beekeeping business and likewise promote honey manufacturing within the nation. This can even assist in reaching the objective of accelerating farmer’s revenue.
- These 5 FPOs shall be arrange by the National Agricultural Cooperative Marketing Federation of India Limited (NAFED). They shall be arrange at East Champaran (Bihar), Morena (Madhya Pradesh), Bharatpur (Rajasthan), Mathura (Uttar Pradesh) and Sunderbans (West Bengal).
Important takeaways for all aggressive exams:
- Chairman of NAFED: Bijender Singh.
- NAFED Founded: 2 October 1958.
- NAFED Headquarters: New Delhi.
4. Arab Gulf’s first coal-based energy plant being developed in Dubai
- The first coal-based energy plant of Arab Gulf nation is being developed in Saih Shuaib, Dubai, United Arab Emirates.
- The 2,400MW Hassyan clear coal energy station shall be constructed at an estimated value of $ 3.4 billion.
- The venture will comprise 4 items of 600MW every, that are anticipated to begin operations in 2020, 2021, 2022 and 2023 respectively.
- The energy plant is anticipated to supply adequate electrical energy to energy roughly 250,000 households.
Economy News
5. UBS Projects India’s GDP at -10.5% for FY21
- The UBS has projected India’s actual GDP to contract 10.5% in FY21, in its Global Economics & Markets Outlook 2021-2022 report.
- For the fiscal 2021-22 (FY22) UBS anticipate India’s actual GDP progress to rebound to +10% in FY22. UBS additionally estimates India’s GDP to stabilise at 6.2 per cent YoY in FY23.
Business News
6. IRDAI approves ICICI Lombard acquisition of Bharti Axa General
- The Insurance Regulatory and Development Authority of India (IRDAI) has given its in-principle approval for the merger of Bharti AXA General Insurance with ICICI Lombard.
- The merged entity may have a market share of round 8.7 per cent on a proforma foundation within the common insurance coverage enterprise.
- Based on the share change ratio beneficial by impartial valuers, shareholders of Bharti AXA will obtain two shares of ICICI Lombard for each 115 shares of Bharti AXA. At current, promoter ICICI Bank Ltd holds is 51.89% stake in ICICI Lombard, whereas the remainder is with the general public. After the proposed deal, the promoter stake will come right down to 48.11%.
Important takeaways for all aggressive exams:
- IRDAI Founded: 1999.
- IRDAI Headquarters: Hyderabad.
- IRDAI Chairperson: Subhash Chandra Khuntia.
Banking News
7. YES Bank launches ‘SMS Pay’ on POS Terminals
- Private lender YES Bank has launched an ‘SMS Pay’ performance on POS terminals, which might permit retailers to just accept contactless and distant funds from their clients.
- YES Bank has collaborated with French cost companies firm Worldline to launch the brand new facility.
- SMS Pay will facilitate retailers to just accept distant funds on their POS machines and allow their clients to transact safely with out leaving the consolation of their houses.
- Through SMS Pay, native retailers & department shops may request funds from their clients by coming into their contact particulars within the POS terminal following which an SMS could be triggered to the shopper’s cell quantity immediately, with a cost URL hyperlink.
- Customers can full the cost by way of their home debit and bank cards.
Important takeaways for all aggressive exams:
- YES Bank MD & CEO: Prashant Kumar.
- YES Bank Founder: Rana Kapoor.
- YES Bank Founded: 2004.
- YES Bank Headquarters: Mumbai, Maharashtra.
Agreements News
8. India and Finland signal MOU on environmental safety
- India and Finland signed an MoU for growing cooperation within the discipline of Environment safety and biodiversity conservation.
- The MoU was signed by Environment Minister Prakash Javadekar from the Indian facet and his Finnish counterpart Krista Mikkonen by way of video-mode.
- Further, advance Indian and Finnish partnership and strengthen technological, scientific and administration capabilities and develop bilateral cooperation within the discipline of environmental safety and biodiversity conservation
- Support, change greatest practices in areas like prevention of air and water air pollution, waste administration, and promotion of round economic system.
Sports News
9. Virat Kohli turns into quickest to achieve 22,000 worldwide runs
- Indian cricket workforce skipper Virat Kohli scripted one other file within the recreation. He broke Sachin Tendulkar’s file and have become the quickest batsman to finish 22,000 runs. He reached the milestone in his 462nd innings.
- Tendulkar batted 493 occasions to achieve that mark. They are adopted by Brian Lara (511 innings) and Ricky Ponting (514 innings) on the listing.
- The solely batsman with a mean of over 50 throughout all codecs, Kohli has 7240 runs in Tests, 12834 runs in ODIs and 2794 runs in T20Is.
- Kohli achieved this feat through the second ODI between Australia and India on the SCG.
- Notably, Kohli has change into the eighth batsman general and the third Indian to surpass 22,000 worldwide runs. Rahul Dravid, who scored 24208 runs, is one other Indian on the listing.
Important Days
10. Day of Remembrance for all Victims of Chemical Warfare
- The United Nation recognised Day of Remembrance for all Victims of Chemical Warfare on Thirtieth November yearly since 2005.
- The day marks a tribute to the victims of chemical warfare, in addition to to reaffirm the dedication of the Organisation for the Prohibition of Chemical Weapons (OPCW) to the elimination of the specter of chemical weapons, thereby selling the objectives of peace, safety, and multilateralism.
- The historical past of the intense efforts to attain chemical disarmament that culminated within the conclusion of the Chemical Weapons Convention started greater than a century in the past.
- Chemical weapons have been used on an enormous scale throughout World War I, leading to greater than 100,000 fatalities and one million casualties.
11. International Day of Solidarity with the Palestinian People
- The International Day of Solidarity with the Palestinian People is an UN-organized day held yearly on November 29.
- It is noticed to mark the anniversary of decision 181, whereby the Assembly adopted the decision on the partition of Palestine on November 29, 1947.
- In 1977, the General Assembly known as for the annual observance of 29 November because the International Day of Solidarity with the Palestinian People.
- On that day, in 1947, the Assembly adopted the decision on the partition of Palestine. This date, which was chosen due to its that means and significance to the Palestinian individuals, is predicated on the decision by the United Nations General Assembly for an annual observance of the decision on the partition of Palestine.
12. eleventh National Organ Donation Day
- The ‘National Organ Donation Day’ is noticed in India yearly on 27 November, since previous 10 years.
- The day goals to advertise consciousness and acknowledge the selfless contribution made by deceased donors to healthcare and mankind re-instil our religion in humanity.
- The 12 months 2020 marks the eleventh National Organ Donation Day. It is organised by the National Organ & Tissue Transplant Organization (NOTTO) underneath the Ministry of Health and Family Welfare.
Important takeaways for all aggressive exams:
- National Organ & Tissue Transplant Organization Headquarters: New Delhi.
Obituaries News
13. British Actor David Prowse passes away
- British character actor David Prowse, greatest identified for enjoying ‘Darth Vader’ within the authentic Star Wars trilogy, handed away.
- He was a weightlifter-turned-actor, was chosen to painting Darth Vader for his imposing physique of 6-foot-7 inch.
- However, the position was voiced by James Earl Jones. Prowse wore the black go well with and helmet to play Darth Vader.