Friday 8 January 2021
GK Update of eighth January 2021 overlaying the next information headlines: Freight Corridor, Chief Information Officer of the US Army, Krishi Sanjeevani vans, Telangana High Court, Sikkim High Court.
National News
1. PM Modi dedicates new Section of Western Dedicated Freight Corridor
- Prime Minister Narendra Modi has devoted the 306-km New Rewari-New Madar part of the Western Dedicated Freight Corridor (WDFC) to the nation.
- Through video-conferencing, Modi additionally flagged off the world’s first double-stack long-haul 1.5-km-long container prepare hauled by electrical traction from New Ateli-New Kishangarh.
- The New Rewari-New Madar part of the WDFC is located in Haryana, roughly 79 km in Mahendragarh and Rewari districts and Rajasthan roughly 227 km in Jaipur, Ajmer, Sikar, Nagaur, and Alwar districts.
International News
2. Indian-American Raj Iyer turns into U.S. Army’s first CIO
- Indian-American Dr Raj Iyer has taken over as the primary Chief Information Officer of the US Army, after the Pentagon created the place in July 2020.
- Dr Raj Iyer is without doubt one of the highest-ranking Indian-American civilians within the US Department of Defence.
- Dr Iyer holds a PhD in Electrical Engineering had been serving because the Principal Advisor to the Secretary of the Army and directs illustration of the secretary in issues referring to data administration/data know-how (IT). The place of CIO is equal to a three-star General.
State News
3. Karnataka Government launches Krishi Sanjeevani Vans to check soil, water
- The Chief Minister of Karnataka, B.S. Yediyurappa flagged off 40 Krishi Sanjeevani vans in Bengaluru.
- These vans have been launched by the state Agriculture Department with Central help beneath National Krishi Vikas Yojana to take up this novel programme.
- To take labs to the agriculture fields, research the circumstances and handle the wants of the farmers about pest management, the fertility of the soil, weeds and appropriate crops within the present circumstances in order that farmers get assist for his or her farming strategies.
- Depending on the soil, water and pests inflicting the crops, the Agriculture Department personnel can counsel cures.
Important takeaways for all aggressive exams:
- Chief Minister of Karnataka: B.S. Yediyurappa; Governor: Vajubhai Vala.
Appointments News
4. Hima Kohli appointed as 1st Woman Chief Justice of Telangana High Court
- The senior-most decide of Delhi High Court, Justice Hima Kohli has been appointed as the brand new Chief Justice of Telangana High Court. She is the primary lady to be sworn in as CJ of Telangana HC.
- Justice Kohli was administered the oath of workplace by Telangana Governor Dr Tamilisai Soundararajan. She replaces CJ Raghvendra Singh Chauhan, who has been appointed because the CJ of Uttarakhand HC.
Important takeaways for all aggressive exams:
- Chief Minister of Telangana: K Chandrasekhar Rao; Governor: Tamilisai Soundararajan.
5. JK Maheshwari sworn in as Chief Justice of Sikkim High Court
- Justice Jitendra Kumar Maheshwari was sworn in as the brand new Chief Justice of Sikkim High Court.
- Governor Ganga Prasad administered the oath of workplace to Justice Maheshwari throughout a perform held in Raj Bhavan.
- Chief Justice Arup Kumar Goswami of the Sikkim High Court has now been transferred for appointment because the Andhra Pradesh High Court’s Chief Justice.
Important takeaways for all aggressive exams:
- Chief Minister of Sikkim: PS Golay.
- Governor of Sikkim: Ganga Prasad.
6. Justice Sudhanshu Dhulia appointed as Chief Justice of Gauhati High Court
- Justice Sudhanshu Dhulia appointed as Chief Justice of the Gauhati High Court knowledgeable the Ministry of Law and Justice.
- The President of India, Ram Nath Kovind within the train of the ability conferred by clause (1) of Article 217 of the Constitution of India, appointed Justice Sudhanshu Dhulia, Judge of the Uttarakhand High Court, as Chief Justice of the Gauhati High Court.
- Justice Sudhanshu Dhulia, was enrolled as an Advocate on July 7, 1986, and practised within the Allahabad and Uttarakhand High Courts in Civil, Constitutional, Service, and Labour issues and has specialised in Service and Constitutional issues.
- He was appointed as a everlasting decide of the Uttarakhand High Court on November 1, 2008.
Important takeaways for all aggressive exams:
- Chief Minister of Assam: Sarbananda Sonowal; Governor: Prof. Jagdish Mukhi.
Banking News
7. RBI units up College of Supervisors chaired by N S Viswanathan
- The Reserve Bank of India (RBI) has arrange a tutorial advisory council referred to as ‘College of Supervisors (CoS)’ to additional strengthen supervision over regulated entities.
- The Cos will probably be headed by former deputy governor N S Viswanathan and can have 5 different members.
- The goal of the council will probably be to determine areas the place talent constructing/up-skilling are required, plan and develop curricula of all programmes, benchmark the programmes with worldwide requirements/greatest practices, and develop acceptable instructing strategies, and so forth.
Other members embody:
- Arijit Basu, State Bank of India Managing Director
- Paresh Sukhankar, former HDFC Bank Deputy Managing Director
- S Raghunath of Banglore IIM
- Tadhagatha Bandyophyay of Ahemadabad IIM and
- Subrata Sarkar of IGIDR, Mumbai.
8. IDFC Mutual Fund unveils new investor consciousness marketing campaign #PaisonKoRokoMat
- IDFC Mutual Funds has launched its newest pan-India investor consciousness marketing campaign titled #PaisonKoRokoMat. With this new marketing campaign, IDFC Mutual Fund goals to shift the dialog concerning wealth creation from the standard to the modern.
- This new marketing campaign of IDFC Mutual Fund urges savers to grow to be buyers and discover the good and trendy mutual fund car for his or her investments.
- The 360-degree marketing campaign focuses on trying past the standard methods of rising your cash and utilizing your objectives to allocate your cash throughout asset lessons and funding options.
- The marketing campaign has been conceptualised and created by TBWAIndia.
Important takeaways for all aggressive exams:
- IDFC First Bank CEO: V. Vaidyanathan.
- IDFC First Bank Headquarters: Mumbai.
- IDFC First Bank Founded: October 2015.
Economy News
9. NSO Projects India’s GDP to contract 7.7% in FY21
- The GDP of India is anticipated to contract by 7.7 per cent within the present fiscal yr 2020-21, as per the primary superior estimates launched by the National Statistical Office (NSO), beneath the Ministry of Statistics and Programme Implementation (MOSPI) on January 07, 2021.
- The first advance estimates of GDP of a monetary yr are launched earlier than the Union Budget. This information helps within the budget-making course of.
Important takeaways for all aggressive exams:
- Minister of State IC of the Ministry of Statistics and Programme Implementation: Rao Inderjit Singh.
Agreements News
10. PNB Collaborates with IIT Kanpur to arrange Fintech Innovation Centre
- Punjab National Bank has partnered with IIT Kanpur and the Foundation for Innovation & Research in Science & Technology (FIRST) to arrange a ‘Fintech Innovation Centre (FIC)’ on the institute’s campus.
- PNB and IIT Kanpur will collectively work to arrange this innovation centre as a car for analysis and improvement of technological options, with the assistance of FIRST, to handle challenges and discover alternatives within the Banking, monetary companies and insurance coverage (BFSI) area.
- PNB intends to create new merchandise or options with technological improvements by creating an FIC involving IITK’s skilled college members with the assistance of FIRST.
- The collaboration of technical prowess from IIT Kanpur and monetary experience of PNB makes it an apt “Fin-Tech” partnership that may assist construct improvements and entrepreneurial excellence.
- The FIC will probably be supported by a holistic ecosystem of monetary establishments, academia, VC funds, know-how corporations and key authorities organisations.
Important takeaways for all aggressive exams:
- Punjab National Bank Headquarters: New Delhi.
- Punjab National Bank CEO: S. S. Mallikarjuna Rao (1 Oct 2019–).
- Punjab National Bank Founded: 19 May 1894, Lahore, Pakistan.
- Punjab National Bank Founders: Lala Lajpat Rai, Dyal Singh Majithia.
Schemes and Committee
11. MoS Reddy to go committee for ‘protecting language, culture and land of Ladakh’
- A ten-member delegation from Ladakh met Union dwelling minister Amit Shah has urged the federal government to guard Ladakh’s language, tradition and land.
- The Central Government has determined to kind a committee to guard the distinctive language, cultural id and land of Ladakh. The Committee will probably be headed by the Minister of State for Home G Kishan Reddy.
- This committee may also guarantee citizen’s participation within the improvement of the Union Territory. The different members of the committee will embody elected representatives from Ladakh, Ladakh Autonomous Hill Development Council, central authorities, and the Ladakh administration.
Books and Authors
12. RBI officer Giridharan pens novel ‘Right Under our Nose’
- A normal supervisor at RBI, R Giridharan has authored his debut ebook ”Right Under our Nose”.
- In ”Right Under Your Nose”, a assassin eliminates scientists proper beneath the nostril of the police and leaves forensics baffled.
- In response, the chief minister calls upon Vijay, who’s given an inconceivable deadline to unravel the case earlier than Parliament resumes in per week.