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Wednesday, July 17, 2019

DAILY GK 14 JULY 2019


DAILY GK 14 JULY 2019
1. CENTRE TO ESTABLISH FIRST NATIONAL POLICE UNIVERSITY
The Government has proposed to set up the first National Police University in the country which will impart education in policing and internal security.
It will conduct undergraduate, graduate and postgraduate academic programmes in specialized subjects.
The dedicated universities have been already set up in Gujarat, Rajasthan and Jharkhand for conducting courses in police services and internal security.

2. WOMEN STARTUP SUMMIT 2019 HOSTED BY KERALA
Kochi to host India’s largest women startup summit in August 2019. The meet will be open for all women professionals, aspiring entrepreneurs, corporate leaders and startup founders.
‘Women Startup Summit 2019’ aims at encouraging aspiring women professionals to take up their entrepreneurial journey and developing an inclusive entrepreneurship ecosystem in the State.

3. INDIA TO HOST COP-14 OF UNCCD
India will host the 14th Session of the Conference of the Parties of the United Nations Convention to Combat Desertification at India Expo Mart Limited in Greater Noida, Uttar Pradesh.
It will focus on 3 crucial issues- desertification, land degradation and drought.
197 countries are expected to participate in the global conference.


4. USISPF 2ND ANNUAL LEADERSHIP SUMMIT HELD IN WASHINGTON
The United States India Strategic and Partnership Forum 2nd annual leadership summit was held in Washington DC, US.
It focussed on defence and energy security. On this occasion, US India Bilateral Trade Report was launched.
It highlighted the following points: If India grows 7.5% every year, trade between India and the US could reach $238 billion by 2025 from $143 billion at present.
By 2025, bilateral trade could range between $283 billion and $327 billion, at an annual average growth rate of 10 to 12.5%, as witnessed in 2017 and 2018.
Jared Kushner, senior adviser to the US President Donald Trump, presented the 2019 Global Excellence Awards to Mastercard Chief Executive Officer and President, Ajay Banga, and Wipro Chairman, Azim Premji, in recognition of their significant contributions to strengthening economic ties between the US and India.

5. FIRST GLOBAL CONFERENCE FOR MEDIA FREEDOM HELD IN LONDON
The First Global Conference for Media Freedom 2019, hosted by the United Kingdom and Canada in London, UK.
The conference was structured around 4 themes: protection and prosecution, including impunity, national frameworks and legislation, building trust in media and countering disinformation and media sustainability.
Indian delegation was led by Prasar Bharati Chairman Surya Prakash.
The UK will provide 3 million pounds and Canada will provide Canadian Dollar 1 million contribution to the new fund.

6. GOVT INFUSED OVER RS.3.15 LAKH CRORE INTO PSBS IN 11 YEARS BETWEEN FY09 AND FY19
Anurag Singh Thakur, Minister of State for Finance stated that the government has infused over Rs 3.15 lakh crore into public sector banks in the last 11 years up till 2018-19.
Public sector banks source capital from internal capital generation, mobilization of capital from markets, and the government infusion.
For a strong impetus to the economy, the Government also proposed to make provision for infusion of Rs 70,000 crore capital to PSBs to boost credit.
As on March 31, 2019, all 18 PSBs meet the minimum CRAR (capital to risk-weighted assets ratio) of 9 % requirement.
State Bank of India has got the approval for raising equity capital of up to Rs 20,000 crore from the market by way of qualified institutional placement or other modes till March 2020. It maintained the CRAR of 12.72% as on March 31, 2019, against the regulatory requirement of 11.325%.

7. WILFUL DEFAULTS EXCEED $21 BILLION IN INDIA FOR THE YEAR 2018-19, SBI HOLDS THE HIGHEST
The state-owned banks in India stated that Rs.1.50 trillion ($21.76 billion) worth of loans as wilful defaults in 2018-19.
The State Bank of India holds the highest number of wilful defaults, worth around INR 461.58 billion, while Punjab National Bank ranked second at Rs.250.9 billion and Bank of India at Rs.98.9 billion.
The data from Reserve Bank of India stated that, as of March 31, 2019, gross loans and advances in state-run banks came in at 638.2 billion rupees.

8. IN 2025, INDIA WILL OVERTAKE JAPAN TO BECOME THE WORLD’S 3RD LARGEST ECONOMY: IHS MARKIT
IHS Markit, a global information provider, in its report mentioned that India will surpass Japan to be the world’s third largest economy in 2025 and it will overtake the United Kingdom to become the fifth biggest economy in 2019.
Indian Gross Domestic Product is predicted to reach $5.9 trillion in 2025 surpassing.
The size of the Indian consumer market is forecasted to increase from $1.9 trillion in 2019 to $3.6 trillion by 2025.
India’s population growth rate is projected to slow rapidly over the next two decades.
GDP growth was forecasted to average around 7% per year over the 2019-2023 period.
India was ranked 77 out of 190 countries in the World Bank’s Ease of Doing Business Index for 2019.

9. GOVT WAIVED OFF BASIC CUSTOMS DUTY ON PRODUCTS IMPORTED FOR NUCLEAR PLANTS
In order to reduce the dependency on carbon-based fuel for electricity generation, the Government of India has waived off Basic Customs Duty for the products which are imported for nuclear power plants.
BCD of 7.5% for all goods for use in the generation of nuclear power & 2.5% for all forms of uranium ores and concentrates for the generation of nuclear power will now have no such duty.
This comes after the budgetary support towards nuclear fuel inventory increasing 37% year-on-year(y-o-y) to Rs 3,122 crore & allocation on atomic research and development have been increased by 10% to Rs 6,264 crore.
India had spent about Rs 1,800 crore in 2017 in buying enriched uranium pellets and fuel pellets of natural uranium di-oxide from the companies in Kazakhstan and Canada, and a Russia.
The installed nuclear power capacity is 6,780 MW(Megawatt) at present seen to reach 13,480 MW by 2025.

10. KRAS GETS $100 MN ORDER FOR BARAK-8 MISSILE KITS FOR INDIAN ARMY AND AIR FORCE
Hyderabad-based Kalyani Rafael Advanced Systems Ltd, a 49:51 venture between Rafael Advanced Systems and Kalyani Strategic Systems Ltd, secured a $100-million order from Rafeal of Israel to supply 1,000 Barak-8 Medium-Range Surface-to-Air Missile kits for the Indian Army and the Indian Air Force.
They will be supplied to Bharat Dynamics Ltd for further integration.
As a part of the Make-in-India initiative, Rafael’s collaboration with the Indian defence industry led to investment of over $250 million.

11. KAUSHIK GANGULY’S BENGALI FILM NAGARKIRTAN BAGS 4 AWARDS INCLUDING ‘BEST FEATURE FILM’ AT SAARC FILM FESTIVAL 2019
The 9th edition of the South Asian Association for Regional Cooperation festival 2019 in Colombo, Srilanka. Bengali filmmaker Kaushik Ganguly’s film ‘Nagarkirtan’ has won four awards (Best Director’, ‘Best Actor’ and ‘Best Original Score’) including ‘Best Feature Film’ at the festival.
Best Actor award was conferred to Riddhi Sen.
Two other Indian films have also won awards at the fest. ‘Na Bole Wo Haram’ bagged the ‘Best Short Film’ award directed by Nitish Patankar, while ‘Walking With the Wind’ received the Special Jury award directed by Praveen Morchhale.

12. BUDDHIST TEACHER AND PEACE ACTIVIST THICH NHAT HANH AWARDED GANDHI MANDELA PEACE MEDAL 2019
Believe Foundation (India) and Dr. Raman Bhai Patel Foundation (South Africa) hosted the first edition of Gandhi-Mandela Peace Initiative. It took place in New Delhi, (11th July), Mumbai, (12th July) and Ahmedabad, (13th July).
The event witnessed discussions on topics ranging from Youth, Women, Environment, Education, Health, Gender Sensitivity, Arts and Cinema.
The Annual Gandhi Mandela Peace Medal 2019 has been awarded to Thich Nhat Hanh.
The Gandhi Mandela Award 2019 for Social Impact has been conferred on Dr. Achyuta Samanta, founder of KIIT and Kalinga Institute of Social Sciences.
Gandhi Mandela Award 2019 for Environment conferred to Mahendra Modi, DGP, IPS, Uttar Pradesh & for Young Social Change conferred to Shabana Khan, Sneha, and Suman.

13. SBI’S ANSHULA KANT APPOINTED AS MD AND CFO OF WORLD BANK
Anshula Kant, the managing director of the State Bank Of India has been appointed as managing director and chief financial officer of the World Bank.
Kant joined SBI in 1983 as a probationary officer and also served as the Deputy MD of Operations for National Banking Group. She has been a Managing Director and member of the Board since September 2018.

14. FIFA U-17 WORLD CUP 2019 TO BE HOSTED BY BRAZIL
The 18th edition of the FIFA U-17 World Cup for the year 2019 will be hosted by Brazil.


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