DAILY GK 7 NOV 2020

                     DAILY GK 7 NOV 2020

1. EXERCISE “BULL STRIKE” AT TERESSA ISLAND

•      Andaman and Nicobar Command (ANC) conducted a three-day Tri-Service Combat Exercise code named “Bull Strike” from November 3-5,2020 at Teressa Island in Nicobar Group of Islands.

•     The exercise saw participation from three service components of ANC, elements of Indian Army’s Parachute Brigade, MARCOS (Marine Commando Force) and Special Forces.

 

2. GLOBAL INVESTOR ROUNDTABLE 2020 CONFERENCE

•    In order to attract investments in India, the Global Investor Roundtable (VGIR) 2020 conference was held virtually which was chaired by Prime Minister Narendra Modi.

•    It focuses on discussions around India’s economic and investment outlook, structural reforms and the government’s vision for making the country a $5 trillion economy.

 

3. WORLD’S LARGEST CARE & CURE CENTRE FOR ELEPHANTSS

•     Kottoor Elephant Rehabilitation Centre in Thiruvananthapuram, Kerala is being upgraded to International standard and is set to become the world’s largest care and cure centre for elephants.

•   The upgradation of the centre is a part of the special program of the government of Kerala for the protection and conservation of elephants.

 

4. NSDC LAUNCHED ”PROJECT FUTURE READY”

•    The National Skill Development Corporation (NSDC) in partnership with American India Foundation, Dell Technologies and University of Mumbai has launched ”Project Future Ready” to equip students with career skills.

•      The project will cover over 1 lakh students in Mumbai and Delhi-NCR, of which 60 per cent are females.

 

5. NPCI GIVES APPROVAL TO ‘WHATSAPP PAY’

•     The National Payments Corporation of India (NPCI)  gave approval for ‘WhatsApp Pay’, a payment system of Whatsapp to go live on Unified Payments Interface (UPI) in the multi-bank model in India.

•     NPCI has issued a cap of 30% on the total transaction volume on the UPI network of all Third Party App Providers (TPAPs).

•      This will be effective from January 1, 2021.

 

6. FOREIGN INVESTMENT CAP LIMIT OF MUTUAL FUNDS

•    Securities and Exchange Board of India (SEBI) issued a circular on “Enhancement of overseas investment limits for mutual funds” under which the foreign investment limit per mutual fund (MF) house has been doubled to $600 million, from the existing $300 million, within the overall industry limit of US $ 7 billion.

•    Mutual Funds can invest in overseas Exchange Traded Fund (ETFs) subject to a maximum of US $ 200 million per mutual fund, within the overall industry limit of US $ 1 billion.

 

7. NEW ZEALAND’S FIRST-EVER INDIAN-ORIGIN MINISTER

•    Priyanca Radhakrishnan became New Zealand’s first-ever Indian-origin Minister as Prime Minister Jacinda Ardern unveiled her new cabinet after her victory in the 2020 General Elections of New Zealand.

•      Priyanca hails from Paravur in Ernakulam district of Kerala.

•      She was born in Chennai, Tamil Nadu.She belongs to the New Zealand Labour Party.

 

8. AIR QUALITY MANAGEMENT IN NCR AND ADJOINING AREAS

•     Appointments Committee of the Cabinet(ACC) approved the appointment of M MKutty as the 1st Chairperson of the Commission for Air Quality Management in NCR and Adjoining Areas.

•     The centre has also appointed members of the commission for 3 year term, with effective from date of assumption of charge of the post or until the attainment of age of 70 years.

 

9. PRESIDENT OF KOSOVO STEPPED DOWN

•      Hashim Thaçi, President of Kosovo, resigned to face charges of war crimes and crimes against humanity.

•      He announced his retirement at a news conference in Pristina, Kosovo.

•    Hashim Thaçi, the former commander of the Kosovo Liberation Army(KLA) during Kosova’s war for independence against Serbia from 1998-1999 was charged with murder, enforced disappearances, persecution and torture by the court which is mandated to investigate the alleged war crimes in Kosova from 1998-2000.

 

10. 1ST PRESIDENT OF HOCKEY INDIA FROM THE NORTH EAST REGION

•      GyanendroNingombam from Manipur was appointed as the  President of Hockey India(HI).

•      He is the 1st  president of HI from the North East region. He will serve for a term of two years.

•      He replaces MohdMushtaque Ahmad who was appointed as the Senior Vice President.