DAILY GK 25 JULY 2019

DAILY GK 25 JULY 2019

1. 12TH EDITION OF THE GLOBAL INNOVATION INDEX FOR THE YEAR 2019

✔Union Minister of Commerce & Industry and Railways, Piyush Goyal launched the 12th Edition of the Global Innovation Index for the year 2019 in New Delhi.

✔The theme of the 2019 GII is “Creating Healthy Lives – The Future of Medical Innovation”.

✔The event was co-hosted by the Department for Promotion of Industry and Internal Trade of Ministry of Commerce and Industry, in collaboration with the WIPO and CII.

✔India was ranked 52nd in 2019.

✔Switzerland topped the list.

2. IMF LOWERS INDIA’S GROWTH FORECAST FOR 2019-20 TO 7% FROM 7.3%

✔According to the IMF’s the latest update of WEO report 2019, India’s GDP growth expected to grow by 7% in 2019 and 7.2% in 2020.

✔It scales down its outlook for both the years due to a broad-based slowdown in consumption and investment demand in India.

✔IMF also cuts global growth projection by 10bps (Basis point) to 3.2% for 2019 and 3.5 percent in 2020 due to US tariff sanctions, Brexit related uncertainty.

✔World Bank projected India’s GDP growth rate remained at 7.5 percent for the next three financial year.

3. RBI LAUNCHES A MEDIUM-TERM STRATEGY FRAMEWORK “UTKARSH 2022”

✔India’s central banking institution, RBI launched “Utkarsh 2022”, central bank’s medium-term strategy framework (2019-22), in line with evolving macroeconomic environment.

✔It has launched the framework to achieve excellence in the performance of statutory and other functions, strengthening the trust of citizens and other institutions in the RBI, enhanced relevance and significance in national and global roles, best-in-class and environment-friendly digital as well as physical infrastructure, and innovative, dynamic and skilled human resources.

✔RBI will also periodically monitor the implementation and progress via its sub-committee.

4. MOHUN BAGAN RATNA AWARD 2019 TO BE CONFERRED TO KESHAV DUTT & PRASUN BANERJEE

✔Keshav Dutt, two-time Olympic gold medallist in hockey and Prasun Banerjee, former Indian football captain, will be awarded the ‘Mohun Bagan Ratna’ for the year 2019.

✔Keshav Dutt is one of the oldest surviving hockey Olympians of India. He represented India in the 1948 London Games, where India won the first gold post-Independence. He won his second Olympic gold in Helsinki, Finland 1952.

• Best Football Player for the season 2018-19       Arijit Bagui
• India’s hat-trick hero of 2019 ICC World Cup       Mohammed Shami
• Lifetime Achievement Award      Ashok Chatterjee (Footballer)

5. THE INDIAN ARMY APPOINTED NARAVANE AS ITS NEW VICE CHIEF

✔Lieutenant General Manoj Mukund Naravane has been appointed as the next vice chief of the army staff in the Indian Army. 

✔He succeeds Lieutenant General D. Anbu who is retiring next month.

✔Lt-Gen.P. Singh will take over as General officer commanding-in-chief, Western Army command.

✔Current director general of military operations Lieutenant General Anil Chauhan will replace Lt-Gen M.M. Naravane in the eastern command.

✔Current director general of military training Lt-Gen. A.S. Kler has been appointed as General Officer Commanding-in-chief of the South Western Command succeeding Lt-Gen. Cherish Matheson.

✔Lt-Gen.I.S. Ghuman will take charge of Lucknow based central command from Lt-Gen. Abhay Krishna.

6. KISHEN NARSI APPOINTED AS ASBC CHAIRMAN

✔Former All-India University champion boxer Kishen Mangaldas Narsi has been appointed as the Chairman of Asian Boxing Confederation’s competitions commission.

7. KARNATAKA CM HD KUMARASWAMY SUBMITS RESIGNATION TO THE GOVERNOR

✔The Chief Minister of Karnataka H D Kumaraswamy of Janata Dal (Secular) submitted the resignation to the Governor Vajubhai Vala after the Congress-Janata Dal (Secular) coalition government lost majority in Karnataka Assembly.

8. ISRO TO LAUNCH INDIA’S 1ST SOLAR MISSION ADITYA-L1 IN THE FIRST HALF OF 2020

✔The Indian Space Research Organisation has announced that it will launch its first solar mission Aditya-L1 in the first half of 2020. It will be the first dedicated scientific mission to study Sun’s corona.

✔It aims to put Aditya-L1 satellite(800-kg) into a halo orbit around Lagrangian point L1 of Sun and Earth system. The L1 point is situated at a distance of about 1.5 million km from earth.

9. BANGLADESH DEVELOPS AN ALTERNATIVE FOR PLASTIC FROM JUTE- “SONALI”

✔A team of scientists working for Bangladesh Jute Mills Corporation have developed a method to convert Jute fibre into low cost Biodegradable cellulose sheets.

✔It is named as “Sonali” – the Bengali word for “golden” bags. It is biodegradable after three months buried in soil and can also be recycled.

✔India is the biggest producer of jute in the world, followed by Bangladesh.

10. DEJAN PAPIC APPOINTED AS INDIA’S TABLE TENNIS HEAD COACH

✔The Table Tennis Federation of India appointed Dejan Papicas of Canada as the head coach of the Indian table tennis team. He has signed a one-year contract which was offered by the Sports Authority of India.

✔He will be in charge through the 2020 Tokyo Olympics.

✔He will be paid $7000 per month and his contract will be up for renewal after the Olympics.

11. FORMER CHINESE PREMIER LI PENG, KNOWN AS THE “BUTCHER OF BEIJING” PASSED AWAY

✔Former Chinese Premier Li Peng, best known for announcing martial law during the 1989 Tiananmen protests, has died.

✔He served as China’s 4th Premier from 1987 to 1998 and held several posts in the Communist Party.

✔He was also the former chairman of the National People’s Congress Standing Committee.

12. AAYKAR DIWAS 2019: JULY 24

✔The Central Board of Direct Taxes and all field offices celebrated the 159th Aaykar Diwas on 24 july at New Delhi.

✔The department launched ‘Kardaata e-Sahyog Abhiyaan’ to assist and support taxpayers and other stakeholders to help them to e-file their returns and discharge other tax-related obligations.

✔The day is celebrated since the Income tax was introduced for the first time in India on July 24, 1860, by James Wilson.