Wednesday 9 June 2021
GK Update of 08th June 2021 overlaying the next information headlines: NITI Aayog, World Oceans Day, UN’s CEO Water Mandate, THE Asia University Rankings, Petroleum and Natural Gas Regulatory Board.
International News
1. United Nations Decade on Ecosystem Restoration: 2021-2030
- The United Nations Decade on Ecosystem Restoration has been formally launched, which is able to run from 2021 to 2030.
- United Nations Decade on Ecosystem Restoration will likely be co-led by the UN Environment Programme (UNEP) and the Food and Agriculture Organization of the UN (FAO). It was proclaimed by the United Nations General Assembly in a 2019 decision.
- Protection and revival of hundreds of thousands of hectares of ecosystems all world wide for the good thing about folks and nature. This in flip will contribute to the achievement of all of the Sustainable Development Goals.
- A Multi-Partner Trust Fund has additionally been launched for the Decade on Ecosystem Restoration. Germany is the primary nation to supply funding of Euro 14 million in the direction of this fund.
- In order to assist the launch of the UN Decade, a report has additionally been launched which defines the necessity of getting such a world restoration effort.
Important takeaways for all aggressive exams:
- United Nations Headquarters in New York, USA.
- Mr Antonio Guterres is the Secretary-General of the United Nations.
2. Maldivian minister Abdullah Shahid elected President of 76th UNGA
- Maldivian overseas minister, Abdullah Shahid was elected President of the 76th United Nations General Assembly (PGA) with an amazing majority. He garnered 143 votes in favour with 48 in opposition to – that gave him victory by a three-fourths majority.
- The put up of the UN General Assembly President rotated yearly amongst regional groupings. The 76th session (2021-22) is the flip of the Asia-Pacific group and that is the primary time Maldives will likely be occupying the workplace of the PGA.
Important takeaways for all aggressive exams:
- President of the Maldives: Ibrahim Mohamed Solih.
- Capital of Maldives: Male; Currency of the Maldives: Maldivian Rufiyaa.
State News
3. Assam govt names Raimona reserve forest sixth nationwide park
- Raimona in Kokrajhar district has develop into Assam’s sixth nationwide park. The 422 sq ft wildlife habitat in Kokrajhar district adjoins the western-most buffer to Manas Tiger Reserve.
- The 5 nationwide parks that existed previous to the 422 sq. km Raimona are Kaziranga, Manas, Nameri, Orang and Dibru-Saikhowa.
- The Pekua river defines Raimona’s southern boundary. Raimona is an integral a part of the 2,837 sq. km Manas Biosphere Reserve and the Chirang-Ripu Elephant Reserve.
- Such secured transboundary ecological panorama will make sure the long-term conservation of endemic species just like the golden langur, the mascot of Bodoland Territorial Council and endangered species such because the Asian elephant, the Bengal tiger and diversified different flora and faunal species it assist
Important takeaways for all aggressive exams:
- Assam Governor: Jagdish Mukhi;
- Assam Chief Minister: Himanta Biswa Sarma.
Appointments News
4. Sanjeev Sahai to be new chairman of oil regulator PNGRB
- Senior administrator and former energy secretary, Sanjeev Nandan Sahai is about to take over as subsequent chairman of the Petroleum and Natural Gas Regulatory Board (PNGRB). A search committee headed by V K Saraswat, Member (S&T), NITI Aayog, cleared the title of Sahai. Petroleum and Natural Gas Regulatory Board is a statutory physique in India.
- Sanjiv Nandan Sahai is a 1986 batch IAS officer of the Arunachal Pradesh-Goa- Mizoram and Union Territory (AGMUT) cadre.
- He took over as Secretary within the Ministry of Power in 2019. He has additionally held a number of positions within the forms all through his profession, together with 5 years because the Prime Minister.
Important takeaways for all aggressive exams:
- Petroleum and Natural Gas Regulatory Board HQ: New Delhi.
5. Hitendra Dave appointed as HSBC India CEO
- The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) introduced the appointment of Hitendra Dave as Chief Executive Officer of HSBC India topic to receipt of regulatory approval.
- He has been appointed as interim Chief Executive Officer efficient June 7, 2021. Dave succeeds Surendra Rosha who will likely be shifting to Hong Kong because the co-chief government of HSBC Asia-Pacific.
- Dave, who’s previously the pinnacle of world banking & markets of HSBC India, has virtually 30 years of labor expertise within the Indian Financial Markets, of which the final 20 have been with HSBC.
- He joined HSBC India in 2001 within the Global Markets enterprise and has risen by means of the ranks to his present position as head of world banking & markets enterprise, the dominant contributor to HSBC India’s PBT over time.
Important takeaways for all aggressive exams:
- HSBC CEO: Noel Quinn.
- HSBC Headquarters: London, United Kingdom.
- HSBC Founder: Thomas Sutherland.
- HSBC Founded: 3 March 1865, Hong Kong.
Banking News
6. RBI imposes penalty on BoI, PNB totalling Rs 6 crore
- The RBI has imposed a penalty aggregating to Rs 6 crores on Bank of India and Punjab National Bank for contravention of norms, together with one associated to “Frauds – Classification and Reporting”.
- A penalty of Rs 4 crores has been imposed on the Bank of India and Rs 2 crores on Punjab National Bank.
- The financial institution had additionally carried out a assessment and submitted a Fraud Monitoring Report (FMR) dated January 1, 2019, pertaining to the detection of fraud in an account. In each instances, notices have been issued to point out trigger as to why penalty shouldn’t be imposed on them for such violations of the instructions.
7. NITI Aayog recommends privatisation of Central Bank, Indian Overseas Bank
- NITI Aayog has beneficial divesting authorities stake within the Central Bank of India and Indian Overseas Bank (IOB) as a part of the privatisation initiative introduced within the Union Budget.
- Finance Minister Nirmala Sitharaman, in her Budget speech, had introduced privatising two public sector banks (PSBs) and one basic insurance coverage firm in 2021-22.
- As per the brand new PSE (Public Sector Enterprise) coverage for ‘Aatmanirbhar Bharat’, NITI Aayog is entrusted with the duty to recommend names of PSUs in strategic sectors to be merged, privatised, or made subsidiaries of different PSUs.
Important takeaways for all aggressive exams:
- NITI Aayog Formed: 1 January 2015.
- NITI Aayog Headquarters: New Delhi.
- NITI Aayog Chairperson: Narendra Modi.
Business News
8. NTPC Ltd. Joins UN’s CEO Water Mandate for Water Conservation
- India’s largest energy utility, NTPC Ltd, underneath the Ministry of Power, has develop into a signatory to the celebrated UN Global Compact’s CEO Water Mandate, that target environment friendly water administration.
- The initiative additionally offers a platform for firms to associate with like-minded companies, UN businesses, public authorities, civil society organizations, and different key stakeholders.
- The CEO Water Mandate is an initiative by the UN Global Compact, designed to help firms within the improvement, implementation, and disclosure of complete water methods and insurance policies, to higher their water and sanitation agendas as a part of long run Sustainable Development Goals.
Important takeaways for all aggressive exams:
- NTPC Chairman and Managing Director: Shri Gurdeep Singh;
- NTPC Founded: 1975.
- NTPC Headquarters: New Delhi, India.
9. World Bank approves $500 mn program to assist increase India’s MSME sector
- The World Bank’s Board of Executive Directors has authorized a USD 500 million packages to assist India’s nationwide initiative to revitalise the MSME sector, which has been closely impacted by the COVID-19 disaster.
- The MSME sector is the spine of India’s financial system, contributing 30% of India’s GDP and 4% of exports.
- The USD 500 million Raising and Accelerating Micro, Small and Medium Enterprise (MSME) Performance (RAMP) Program is the World Bank’s second intervention on this sector, the primary being the USD 750 million MSME Emergency Response Program, authorized in July 2020 to deal with the quick liquidity and credit score wants of hundreds of thousands of viable MSMEs severely impacted by the continuing COVID-19 pandemic.
Ranks and Reports News
10. THE Asia University Rankings 2021 launched
- Times Higher Education Asia college rankings 2021, three Indian universities secured positions within the prime 100 listing. IISc Bangalore, IIT Ropar and IIT Indore have secured ranks among the many prime 100 universities in Asia. Like final yr, not a single Indian varsity made it to the elite prime 10. IISc Bangalore ranked at thirty seventh place.
- IIT Ropar is positioned at fifty fifth rank and IIT Indore at 78th rank among the many prime 100 universities.
- Tsinghua University, China has gained the first place within the Asia college rankings 2021. The second place can be secured by China’s Peking University. The third and fifth ranks have been secured by Singapore varsities. Whereas, the University of Hong Kong is at fourth rank.
11. Punjab tops efficiency grading index at school schooling
- Punjab, which has improved its displaying from the thirteenth place it attained in 2018-19, topped the charts this time amongst all of the states and union territories with a rating of 929 out of 1,000, adopted by Chandigarh (912) and Tamil Nadu (906).
- The efficiency grading index ranks the states on a set of 70 parameters regarding studying outcomes and high quality, entry, infrastructure and services, fairness and governance processes to catalyse transformational change within the subject of college schooling.
Important takeaways for all aggressive exams:
- Punjab CM: Captain Amarinder Singh.
- Punjab Governor: V.P.Singh Badnore.
Defence News
12. US at hand over three MH-60 ‘Romeo’ multi-role choppers to India
- The Indian Navy is about to obtain its first set of multi-role helicopters as America is about at hand over three MH-60 Romeo helicopters to the power within the United States in July. The first batch of Indian pilots has additionally reached the US for coaching on the helicopters which might be arriving in India subsequent yr in July.
- India and the US had signed over-Rs 16,000 crore deal to purchase 24 MH-60 Romeo helicopters from Lockheed Martin in 2020 underneath quick observe procedures on a government-to-government deal to hasten the method.
- The 24 MH-60 Romeos could be geared up with multi-mode radars and night-vision units in addition to armed with Hellfire missiles, torpedoes and precision-guided weaponry.
- The helicopters are designed to function from frigates, destroyers, cruisers and plane carriers.
- The choppers are designed for looking submarines in addition to knocking out ships and conducting search-and-rescue operations at sea.
- India and the US are additionally engaged on finalising a deal for getting 30 Predator drones to boost the strike capabilities of the three defence forces.
Awards Days
13. Arunachal Pradesh’s Water Burial baggage greatest movie National Award
- Arunachal Pradesh’s Water Burial has bagged the greatest movie National Award on atmosphere conservation at 67th National Films Awards 2021.
- The movie, which is directed by unbiased filmmaker Shantanu Sen.Water Burial is produced by AM Television.
- Inspired by the favored Assamese novel Saba Kota Manuh, which is written by Yeshe Dorjee Thongchi, Water Burial is in Monpa dialect and has an intriguing storyline round a darkish ritual of an area tribe in Arunachal Pradesh.
Sports News
14. Oman to host inaugural FIH Hockey5s World Cup in 2024
- Oman has been named because the host of the inaugural International Hockey Federation (FIH) Hockey5s World Cup.
- The FIH mentioned the lads’s and girls’s occasions will happen in Oman’s capital metropolis Muscat in January 2024. The governing physique mentioned its Executive Board named Oman as host, after a suggestion from the organisation’s Events Bidding Task Force.
- The FIH Executive Board introduced the launch of the Hockey5s World Cup in 2019. The launch comes as Hockey 5s turns into an more and more in style format of the game, performed on a smaller pitch and which has featured on the final two Summer Youth Olympic Games.
Important takeaways for all aggressive exams:
- Oman Capital: Muscat;
- Oman Currency: Omani rial.
Important Days
15. World Oceans Day: 8 June
- World Ocean Day is noticed globally on eighth June yearly. This day is noticed to boost world consciousness concerning the significance of the ocean in our lives and the methods by means of which we will shield it.
- The function of the Day is to inform most of the people of the affect of human actions on the ocean, develop a worldwide motion of residents for the ocean, and mobilize and unite the world’s inhabitants on a challenge for the sustainable administration of the world’s oceans.
- “The Ocean: Life and Livelihoods” is the theme for World Oceans Day 2021, in addition to a declaration of intentions that launches a decade of challenges to get the Sustainable Development Goal 14, “Conserve and sustainably use the oceans, seas and marine resources”, by 2030.
Miscellaneous News
16. Bengaluru worldwide airport achieves web power impartial standing
- The Kempegowda International Airport right here has achieved web power impartial standing within the Financial Year 2020-21 as a part of its sustainability targets.
- Bengaluru worldwide airport (BIAL) has been capable of save practically 22 lakh items of power within the Financial Year 2020-21, sufficient to energy practically 9,000 homes for a month.
- According to BIAL, these measures have been achieved by means of photo voltaic set up at rooftops of utility buildings, automobile parks, ground-mounted photo voltaic set up on the airside, rooftops of cargo buildings and challenge places of work.
- It has additionally begun buying 40 million items of solar energy by means of open entry and wind energy buy by means of open entry. Adoption of LED and optimum use of pure gentle contributed to energy-neutral standing.
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