DAILY GK 7-9 MAY 2025

 DAILY GK 7-9 MAY 2025

1.       ‘IGLA-S’ SHOULDER-FIRED AIR DEFENCE MISSILES

·         The Indian Army (IA) has received fresh batch of the Russian-origin ‘Igla-S missiles’, are portable, shoulder-fired weapons, designed to neutralize low-flying threats such as helicopters, Unmanned Aerial Vehicles (UAVs), and low-speed aircraft, especially in forward areas and mountainous terrain.

·         These missiles have been procured as part of an Rs 260 crore contract signed by the Government of India (GoI) under the emergency procurement powers.

·         It is capable of engaging targets maximum 6 kilometer (km) away and at altitudes of maximum 3.5 km.

 

2.       INDIA-MALDIVES HADR EXERCISE 

·         Indian Naval Ship (INS) Sharda arrived at Maafilaafushi Atoll in Maldives to participate in the inaugural Humanitarian Assistance and Disaster Relief (HADR) exercise 

·         The HADR exercise aims to enhance interoperability between the Indian Navy (IN) and the Maldives National Defence Force (MNDF).

 


3.       MIAMI GRAND PRIX

·         Oscar Piastri, an Australian Formula One (F1) driver of  McLaren clinched his fourth win of the 2025 F1 season at the Miami Grand Prix (GP) USA.

 

4.       ROHIT SHARMA ANNOUNCES RETIREMENT

·         Indian cricketer Rohit Gurunath Sharma announced his retirement from Test cricket, with immediate effect. 

·         He will continue representing India in One Day Internationals (ODIs).

·         He played 67 tests, scoring 4,301 runs at an average of 40.57, with 12 centuries and 18 fifties.

·         In 2020, he was conferred with the Major Dhyan Chand Khel Ratna Award (formerly Rajiv Gandhi KhelRatna Award), the highest sporting honour in India.

 

5.       BWF SUDIRMAN CUP 2025

·         The People’s Republic of China secured its 14th BWF (Badminton World Federation) Sudirman Cup title and achieved a record fourth consecutive victory by defeating South Korea 3-1 in the final of the 19th edition of the BWF Sudirman Cup (2025) mixed-team championship.

·         The championship organized by the BWF, was held in XiamenFujian ProvincePeople’s Republic of China

·         India did not advance to the quarter-finals, finishing 9th among the 16 participating teams.

·         It is held every two years and is considered one of the premier mixed-team events in badminton, alongside the Thomas Cup (men’s team) and the Uber Cup (women’s team).

·         The only winners are China (14 titles), South Korea (4 titles), and Indonesia (1 title).

·         Badminton World Federation (BWF) Headquarters – Kuala Lumpur, Malaysia

 

6.       RBI IMPOSES RS 2.52 CRORE PENALTY ON FIVE MAJOR BANKS

·         RBI imposed monetary penalties totalling Rs 2.52 crore on five major Indian banks

·         ICICI Bank Limited faced the highest fine of Rs 97.80 lakh due to multiple violations Failure to report a cybersecurity incident within the RBI’s stipulated time.Charging late payment fees on credit card holders without issuing credit card statements

·         BoB was fined Rs 61.40 lakh for Allowing insurance companies to offer non-cash incentives to employees involved in selling insurance policies, in violation of RBI norms on banking and financial services and Failing to credit interest to certain inoperative or dormant savings accounts at the required intervals, violating RBI’s customer service guidelines.

·         BoM was penalised Rs 31.80 lakh for non-compliance with KYC regulations, particularly for opening multiple deposit accounts using Aadhaar One-Time Password (OTP)-based e-KYC in a non-face-to-face mode, without following RBI’s prescribed procedures.

·         IDBI Bank Limited was fined Rs 31.80 lakh for violations under the Interest Subvention Scheme (ISS) for short-term agricultural loans through Kisan Credit Card (KCC).

·         Axis Bank Limited was fined Rs 29.60 lakh for routing unauthorised and unrelated transactions through internal/office accounts, which is against RBI’s operational norms.

 

7.       SEBI SETS RS 1 CRORE MINIMUM INVESTMENT FOR SECURITISED DEBT INSTRUMENTS

·         Securities and Exchange Board of India (SEBI) has mandated minimum investment threshold or ticket size of Rs 1 crore for the issuance of Securitised Debt Instruments (SDIs) for the Reserve Bank of India (RBI)-regulated originators and unregulated entities engaged in securitization activities.

·         It is now mandatory to have at least 3-year operating experience for originators.

·         SEBI has clarified that for originators which are not regulated by RBI, the minimum investment threshold for subsequent transfers will be Rs 1 crore.

 

8.       WORLD PRESS FREEDOM DAY 2025 – MAY 3

·         The theme for World Press Freedom Day 2025 is “Reporting in the Brave New World – The Impact of Artificial Intelligence on Press Freedom and the Media”

·         In 2025, UNESCO/Guillermo Cano World Press Freedom Prize have been named to La Prensa, a Managua (Nicaragua)-based newspaper

·         Reporters Without Borders (RSFreleased the World Press Freedom Index (WPFI) 2025, evaluating press freedom across 180 countries.

·         The index is topped by Norway and India improved its position to 151st

 

9.       WORLD LAUGHTER DAY 2025 – MAY 4

·         The theme of WLD 2025 is “Laugh for Health, Peace and Happiness

·         The first World Laughter Day event held outside India, titled “HAPPY-DEMIC,” took place on January 9, 2000, in Copenhagen, Denmark, where over 10,000 people gathered at Town Hall Square, earning a place in the Guinness Book of World Records for the largest-ever laughter session.

 

10.    WORLD RED CROSS AND RED CRESCENT DAY 2025 – MAY 8

·         World Red Cross and Red Crescent Day is annually observed across the globe on May 8 to honor the principles and humanitarian efforts of the International Red Cross and Red Crescent Movement.

·         The theme for World Red Cross and Red Crescent Day 2025 is “Keeping Humanity Alive”.

·         The day commemorates the birth anniversary of Henry Dunant, who was the founder of the International Committee of the Red Cross (ICRC).

 

11.    BOOK-THE UNDYING LIGHT

·         Gopalkrishna Gandhi released his memoir titled “The Undying Light: A Personal History of Independent India.” 

·         The memoir starts with a deeply personal recollection of Mahatma Gandhi’s assassination, witnessed by the author when he was just three years old.

·         GopalkrishnaDevadas Gandhi is the grandson of Mahatma Gandhi and C. Rajagopalachari, India’s last Governor-General.

·         He served as the Governor of West Bengal (WB) from 14 December 2004 to 14 December 2009.