DAILY GK 26-28 MAY
1.
KERALA TOPPED UNEMPLOYMENT RATE
·
Ministry of Statistics and Programme
Implementation (MoSPI) released the latest Periodic Labour
Force Survey (PLFS) for 15-29 year age group for January-March,
2024 Quarter for FY24(2023-24).
·
As per PLFS, Kerala topped youth
unemployment rate among 15-29 age group at 31.8% for Q4
(Jan-March) FY24.
·
While, Delhi registered the lowest
unemployment rate among 15-29 age group at 3.1% for Q4
FY24, followed by Gujarat(9%), Haryana (9.5%), among others.
·
The data showed that unemployment rate
for 15-29 age group has increased from 16.5% (October-December,
2023) to 17% (January-March,2024).
·
Jammu & Kashmir (J&K) registered
the highest unemployment rate for women at 48.6% for Q4
FY24.
2.
INDIAN AND
FRENCH MILITARY JOINT EXERCISE 'SHAKTI
·
The Indian and French
armies are actively participating in the 7th edition of the
Joint Exercise Shakti.
·
It is held biennially and takes place in
Umroi, Meghalaya.
3.
WORLD BANK
REPORT - 'WATER FOR SHARED PROSPERITY'
·
The World Bank report, titled “Water
for Shared Prosperity,” was released at the 10th World Water Forum
in Bali, Indonesia.
·
In 2022, 2.2 billion people lacked access
to safely managed drinking water services, while 3.5 billion lacked access to
safely managed sanitation.
·
Over 800 million people globally are at
high risk of drought, with double that number living in flood-prone areas.
·
The Democratic Republic of the
Congo holds over half of Africa’s total water resources.
·
World Water Forum is held every three
years.
·
The first forum took place in took place
in Marrakesh, Morocco in March 1997.
4.
JYOTI
RATRE, 55, BECOMES THE OLDEST INDIAN WOMAN TO CONQUER MOUNT EVEREST
·
Jyoti Ratre, an entrepreneur and
fitness enthusiast from Madhya Pradesh, has become the oldest
Indian woman to conquer Mount Everest.
·
Jyoti Ratre conquered Mount Everest as
part of a 15-member expedition team of 8K Expeditions, led by Bolivian climber
David Hugo Ayaviri Quispe.
5.
COMMITTEE TO TACKLE INCREASING
CYBERCRIMES ORIGINATING FROM SE ASIAN REGION
·
Ministry of Home Affairs (MHA) constituted
a inter-ministerial committee of various law enforcement and intelligence
agencies to tackle the increasing organised cybercrimes originating from
South-East (SE) Asian countries like: Cambodia, Myanmar and Laos
PDR.
·
SE Asian region accounted for 45% of cyber
financial frauds taking place in India.
·
The high-powered committee is chaired
by VSK Kaumudi, Special Secretary (internal security) in the
Ministry of Home Affairs (MHA).
·
Around 3.25 lakh “mule” accounts
have been frozen over the last 4 months.
·
Mule accounts are those accounts
which are used for laundering cybercrime funds by using Know Your
Customer (KYC), and others.
6.
‘EX CYBER SURAKSHA 2024’ FOR
ADVANCING CYBER DEFENCE CAPABILITIES
·
The Chief of Defence Staff (CDS) Gen
Anil Chauhan attended ‘Exercise Cyber Suraksha 2024’,
highlighting the critical importance of enhancing India’s cyber defence
capabilities.
·
The exercise has been conducted by the
Defence Cyber Agency in New Delhi (Delhi), aiming to develop Cyber
Defence Capability of all Cyber security organisations and promote cooperation
amongst all stakeholders.
7.
NIKESH ARORA BECAME THE 2ND
HIGHEST-PAID CEO IN THE US FOR 2023
·
According to the Wall Street Journal (WSJ)’s
list of the highest-paid Chief Executive Officers (CEOs)
in the United States of America (USA) for 2023. Indian-origin
Nikesh Arora, chairman and CEO of Palo Alto
Networks became the world’s 2nd highest-paid CEO in 2023 with
a substantial remuneration of USD 151.43 million (approximately Rs 1,260
crore).
·
Hock E. Tan,
President and CEO of Broadcom Inc., is the world’s
highest-paid CEO with a pay package of USD 161.83 million in 2023.
·
WSJ’s analysis ranked 415 CEOs of
S&P 500 companies, by their total compensation, which
included cash and equity awards.
·
The S&P 500, formally known as the
Standard & Poor’s 500 Composite Stock Price Index, is a stock index that
tracks the share prices of 500 of the largest public companies in the US.
·
Tech giants like Tesla’s Elon Musk and
Alphabet’s Sundar Pichai opted for non-traditional compensation
structures in 2023.
·
Shantanu Narayen,
Chair and CEO of Adobe closely follows Arora, ranking 11th with
a total compensation of USD 44.93 million in earnings.
·
He is the second-highest-paid
Indian-descent CEO in the list
8.
UK’S ROYAL AWARD IN LONDON
·
Arti a rickshaw
driver from Uttar Pradesh (UP) has won the
prestigious Amal Clooney Women’s Empowerment Award at the Prince’s
Trust Awards, an event that celebrates the achievements of young
people from around the world in London, United Kingdom (UK).
·
She has also met King Charles III at
Buckingham Palace, London, UK, after winning the award.
·
The award is given in recognition for
her role in inspiring other young girls through her involvement in the
Indian government’s Pink E-rickshaw initiative.
·
Pink E-Rickshaw Initiative is
an initiative which was launched as part of the Mission Shakti
scheme by the Indian government.
·
Under this initiative, the pink
e-rickshaws with a subsidy were offered for female drivers.
·
Arti first introduced to the Pink
E-Rickshaw program by the Indian government in July 2023 through Project
Lehar, which was run in collaboration with Prince’s Trust International and
the Aga Khan Foundation (AKF).
9.
PRADEEP KUMAR SINHA APPOINTED AS
NON-EXECUTIVE PART-TIME CHAIRMAN OF ICICI BANK
·
The former Cabinet Secretary Pradeep
Kumar Sinha has been appointed as the Non-Executive Part-time
Chairman of ICICI Bank Limited.
·
He will succeed Girish Chandra
Chaturvedi who is set to retire from the post on 30th June 2024.
·
ICICI Bank Limited MD & CEO
– Sandeep Bakhshi
·
Headquarters – Mumbai,
Maharashtra
10.
SHAHID AFRIDI NAMED
AMBASSADOR FOR ICC MEN’S T20 WORLD CUP 2024
·
Shahid Afridi, Pakistan
cricketer has been named as a Tournament ambassador for the
International Cricket Council (ICC) Men’s T20 World Cup 2024 which
will take place in the United States of America (USA) and West
Indies
·
He has joined Chris
Gayle, Yuvraj Singh and Usain Bolt in the list of
ambassadors.
11.
ASIAN RELAY CHAMPIONSHIPS 2024
·
The India’s mixed 4×400 relay team
has set a national record by winning a gold medal at the
inaugural edition of Asian Relay Championships 2024 while Sri Lanka Mixed
Relay Team clinch the silver
·
The first Asian Relay Championship was held
in Bangkok, Thailand.
·
The Indian men’s 4×400 team
bagged the silver medal behind Sri Lanka winning
the gold medal
·
The Indian women’s 4×400 team bagged
the silver behind Vietnamese team winning
the gold
12. IOC
LAUNCHED “LET’S MOVE INDIA”
·
The International Olympic Committee (IOC) in
partnership with Reliance Foundation and Abhinav Bindra
Foundation has launched “Let’s Move India” campaign,
inviting everyone to embrace the joy of movement and to celebrate athletes
participating at the 2024 Olympic Games scheduled to be held
in Paris, France.
·
The initiative was unveiled on Viacom18’s
JioCinema, the official Media Rights-Holder of the Olympic Games Paris 2024
in India.
·
International Olympic Committee (IOC)
President– Thomas Bach
·
Headquarters–
Lausanne, Switzerland
13.
UN WORLD FOOTBALL DAY –
25 MAY 2024
·
The first-ever United
Nations (UN)’s World Football Day was observed across
the globe on 25th May 2024 to acknowledge the global reach of
football and its impact across various spheres, including commerce, peace, and
diplomacy.
·
25th May 2024 marks
the 100th anniversary of the 1924 Olympic Football Tournament
held in Paris, France.
·
The United Nations General Assembly (UNGA)
adopted the resolution A/RES/78/281, proclaiming the 25th May of
every year as World Football Day.
·
The resolution was initiated by Bahrain,
Libya and Tajikistan and was subsequently unanimously adopted by 170
nations at the UNGA.
·
FIFA President–
Gianni Infantino
·
Headquarters–
Zürich, Switzerland
14.
INTERNATIONAL DAY OF MISSING CHILDREN
2024 – MAY 25
·
International Day of Missing Children or International
Missing Children’s Day (IMCD) is annually observed across the globe
on 25 May to commemorate the missing children
·
This Day is now widely known as Missing
Children’s Day, with the “forget-me-not flower” as its emblem.
·
In 1983, the then United States (US)
President Ronald Reagan proclaimed May 25th “National Missing Children’s Day”
in the US.
15.
NSE LOWERED TICK SIZE TO 1 PAISA FOR
STOCK PRICE BELOW RS 250
·
National Stock Exchange of India Limited (NSE) announced
that it has lowered the tick size for all stocks from 5paisa (at
present) to 1 paisa for securities priced below Rs
250 in the cash segment.
·
The main objective
for this new tick size is to enhance liquidity and improve price discovery by
allowing more granular price adjustments.
·
Tick Size is
the minimum price increment between two consecutive bid (Buy) and
offer (Sell) prices.
·
For example: if a stock size has a tick
size of Rs 0.10 or 10 paisa and the Last Traded Price
(LTP) was Rs 200, then the next possible bid prices would be Rs 199.90,
199.80, 199.70, 199.60 and so on. In this case, the bid price cannot be Rs
199.86 as it does not meet the tick size requirement of Rs 0.10.
16. SOUTH
AFRICAN RESERVE BANK FINES SBI BRANCH OVER COMPLIANCE
·
The Prudential Authority of the South
African Reserve Bank (SARB), the central bank of South Africa
(SA), has imposed a financial penalty of 10 million rand (Rs
4.5 crore) on the State Bank of India (SBI)’s SA branch for
violating anti-money laundering laws in SA.
·
The financial penalty consists of an immediately
payable portion of 5.50 million rand(Rs 2.5 crore), which the bank has already
paid.
·
The remaining 4.50 million rand (Rs 2
crore) is suspended for 36 months, and will be paid within the prescribed
timeline.
17.
ACI ASIA-PACIFIC & MIDDLE EAST
GAR AWARDS 2024
·
Airport Council International (ACI) Asia-Pacific
and Middle East announced 8th Green Airports Recognition (GAR)
awards for 2024.
·
Three Indian Airports have
been awarded under Silver category. They are Indira Gandhi
International Airport (New Delhi) under ‘Over 35 million passengers
per annum’ category
·
Kempegowda International Airport
(KIA) (Bengaluru, Karnataka) under
‘Between 15-35 million passengers per annum’ category.
·
Chaudhary Charan Singh International
Airport (Lucknow, Uttar Pradesh-UP) under ‘less
than 8 million passengers per annum’ category.
18.
POWERGRID RECEIVES ATD BEST AWARDS
2024
·
Power Grid Corporation of India Limited (POWERGRID),
a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power
has been awarded the ATD BEST Awards 2024, by the Association for
Talent Development (ATD), the United States of America (USA)
for leveraging talent development as a strategic business tool.
·
NTPC Limited (formerly
National Thermal Power Corporation), a Maharatna company and India’s largest
power utility secured the 3rd rank globally at the ATD
BEST Awards 2024, making it the highest-ranking among all Indian
companies.
·
An Award ceremony was held in New Orleans,
Louisiana, USA to honour the winners.
19. COMMANDANT, NATIONAL
DEFENCE ACADEMY
·
Vice
Admiral Gurcharan Singh, AVSM, NM an alumnus of
the National Defence Academy (NDA) assumed the role of Commandant,
NDA (Khadakwasla) in Pune, Maharashtra.
·
He succeeded Vice
Admiral Ajay Kocchar, AVSM, NM, who assumed the appointment of
Commandant, NDA on 01 April 2022.
·
NDA is the
joint defence service training institute of the Indian Armed Forces (Indian
Army, Indian Navy, and Indian Air Force).
·
It is the first tri-service academy
in the world.
·
Headquarters–
Pune, Maharashtra
·
Motto–
Seva Parmo Dharm (Service Before Self)
·
NDA was commissioned on 07 December 1954,
and the Academy was formally inaugurated on 16 January 1955.
20.
PRESIDENT OF LITHUANIA
·
Gitanas Nauseda has
been re-elected as the President of Republic of
Lithuania for the 2nd five year term from
2024 to 2029.
·
Nauseda has won the presidential election
by securing 74.43% of the total votes.
·
Ingrida Simonyte finished
2nd with 24.06% of the votes.
·
Republic of Lithuania is
one of the 3 Baltic countries in the Baltic region (north-eastern region
of Europe) – Estonia, Latvia, and Lithuania.
·
It has been a member of the European
nation since 2004.
·
Capital – Vilnius
·
Currency – Lithuanian
litas (LTL)
21. NASA
LAUNCHES SMALL CLIMATE SATELLITE PREFIRE
·
National Aeronautics and Space
Administration (NASA) successfully launched the first pair of
small climate satellites atop the Rocket Lab’s Electron
rocket from Launch Complex 1 in Māhia, New Zealand.
·
The mission, dubbed PREFIRE (Polar
Radiant Energy in the Far-InfraRed Experiment) mission, aims to study heat
emissions at the Earth’s poles for NASA.
·
The mission consists of two shoebox-sized CubeSats,
equipped with thermal infrared spectrometer capable of measuring the
far-infrared radiation emitted by the Earth’s coldest and most remote regions –
the Arctic and Antarctic.
·
NASA Administrator–
Bill Nelson
·
Headquarters–
Washington, D.C., US
·
Founded–
1958
22.
SHARJAH MASTERS 2024
·
Bardiya Daneshwar,
a 17-year-old Iranian chess grandmaster (GM), won the Masters
title at the Sharjah Masters 2024 held in Sharjah, the
United Arab Emirates(UAE)
·
Bardiya Daneshvar and 3 other players
finished atop the standing with 6.5 points each. Daneshvar was declared the
winner on tiebreak criteria.
·
Divya Deshmukh, an
18-year-old Indian Chess International Master (IM), won
the Challengers title at the Sharjah Masters 2024.
·
Leya Garifullina (Russia) and Sina Movahed
(Iran) finished at the 2nd and 3rd respectively.
·
The winner of the Masters title received
USD 12000 and the winner (1st place) of the Challengers title received USD
2000.
23.
INDIAN ORIGIN SIDDHARTH JAGADEESH
BECOME 5TH GM OF SINGAPORE:
·
Chandigarh-born Indian origin, 16-year-old
IM Siddharth Jagadeesh became the fifth Grandmaster of Singapore.
·
He earned his final GM-norm by defeating
Andrey Esipenko(Russia) in the 8th round of the Sharjah Masters 2024.
24.
MALAYSIA MASTERS 2024
·
Pusarla Venkata (P.V) Sindhu settles
as runner-up in the Women’s Singles category after losing the match to World
number 7, Wang Zhi Yi of China in the Badminton World
Federation (BWF) Malaysia Masters 2024 held in Axiata Arena, Kuala Lumpur,
Malaysia.
·
World number 1 Viktor Axelsen won
his first World Tour title of 2024 in the Men’s Singles category after
defeating Malaysian badminton player Lee Zii Jia.
·
The total prize money
set for the Malaysia Masters 2024 BWF Super 500 badminton tournament is USD
4,20,000.
·
Kim Astrup and Anders Skaarup
Rasmussen of Denmark defeated South Korea’s Jin Yong and Na
Sung-seungto win the men’s doubles.
·
Rin Iwanaga and Kie Nakanishi of
Japan won the Women’s doubles after defeating South
Korea’s Lee Yu-lim and Shin Seung-chan.
·
Badminton World Federation (BWF)
Headquarters – Kuala Lumpur, Malaysia
25. RBI UNCLAIMED BANK DEPOSITS
DATA
·
According to the data released by
the Reserve Bank of India (RBI), As of December 2022, unclaimed
balances across various accounts, including current, savings, and fixed
deposits (FDs), reached Rs 39,900 crore, marking a substantial
increase from Rs 18,379 crore recorded in December 2019.
·
By March 2023, unclaimed
monies held solely by these banks amounted to Rs 42,270 crore,
despite concerted efforts through technological initiatives and public
awareness campaigns.
·
Unclaimed Deposits are Balances
in savings / current accounts which are not operated for 10 years, or
term deposits not claimed within 10 years from date of maturity are
classified as “Unclaimed Deposits”.
·
These amounts are transferred by banks to
the “Depositor Education and Awareness” (DEA) Fund maintained by
the Reserve Bank of India.
·
Public sector banks hold
the majority share of unclaimed deposits at Rs 33,303 crore,
representing 83% of the total unclaimed funds as of December 2022.
·
State Bank of India (SBI) holds Rs
8,069 crore across 2.16 crore unclaimed accounts.
·
To tackle this, RBI also launched an online
portal UDGAM (Unclaimed Deposits-Gateway to Access Information) last
year to help users search for unclaimed deposits across multiple banks in a
centralised manner.
·
As of March 2024, 30 banks are
part of UDGAM, hosting information on unclaimed monies.
26. "FINCARE SMALL FINANCE BANK LIMITED"
CEASES BANKING OPERATIONS
·
The Reserve Bank of India (RBI) informed
that "Fincare Small Finance Bank Limited" has been excluded
from the Second Schedule to the Reserve Bank of India Act, 1934 with
effect from April 01, 2024, as the bank has ceased to carry on
banking business with effect from April 01, 2024.
·
The RBI approved the merger of Fincare
Small Finance Bank Ltd with AU Small Finance Bank Ltd.
·
Scheduled banks are listed in the second
schedule of the RBI Act, 1934.
·
These banks are required to have a minimum
paid-up capital of at least Rs 5 lakhs.
·
Scheduled banks include both scheduled
cooperative banks and scheduled commercial banks.
·
Scheduled commercial banks encompass urban
cooperative banks and state cooperative banks among other
non-similar groups.
27. SRI SRI RAVI SHANKAR HAS BEEN AWARDED THE FIRST
STAMP IN SRI LANKA.
·
Renowned spiritual leader Sri Sri
Ravi Shankar received the inaugural stamp
commemorating the 200-year anniversary of Indian Origin Tamils (IOT) in Sri
Lanka.
·
This momentous event took place with the
esteemed presence of Governor Senthil Thondaman of the Eastern Province of Sri
Lanka.
