DAILY GK: 11,12 MAR 2021

 DAILY GK: 11,12 MAR 2021

1. ‘MOBILISING ELECTRIC VEHICLE FINANCING IN INDIA’ REPORT

      NITI Aayog along with Rocky Mountain Institute (RMI) India released the ‘Mobilising Finance for EVs in India: A Toolkit of Solutions to Mitigate Risks and Address Market Barriers’ report.

      The report analyses the risk & market barriers involved in transforming India’s Electric Vehicle (EV) Sector and provides Target Instruments to overcome the hurdles.

      Indian EV market size to be of USD 50 billion (Rs 3.7 lakh crore) by 2030, which is equivalent to 80% of the current market size of India’s retail vehicle finance industry at USD 60 billion (Rs 4.5 lakh crore).

 

2. ‘SURYADIPTA PROJECTS’ FOR CONSTRUCTING 11 ACTCM BARGES

      Indian Navy signed a contract for the construction of 11 Ammunition-Cum-Torpedo-Cum-Missile (ACTCM) barges, with Thane based MSME Suryadipta Projects Private Limited.

      The MSME will start delivering the barges from 22nd May, 2021.

      Assigning of this project to a Micro, Small and Medium Enterprises (MSME) marks another milestone to Indian Government’s Atma Nirbhar Bharat and Make in India initiative.

 

3.1ST MILITARY EXERCISE IN SPACE

      France started its 5-day long Military Exercise in Space to analyse its ability against attacks on its Satellites & other defence equipment.

      The exercise was codenamed as “AsterX”, on the memory of its 1st satellite launched in 1965.

      Alongside the French Space Forces Command, the new US Space Force and German space agencies also participated in the space exercise.

 

4.OECD RAISES GDP FORECAST OF INDIA

      Organisation for Economic Co-operation and Development (OECD) raises the Gross Domestic Product (GDP) of India to 12.6% for FY 22, the highest among G20 countries.

      With his projection by OCED, India becomes the fastest-growing economy in the world.

      i.e., OECD has raised the GDP Projection by 4.7% from its December, 2020 projection of 7.9% for FY22.

 

5.TIRATH SINGH RAWAT SWORN IN AS THE NEW CM OF UTTARAKHAND

      Tirath Singh Rawat, Members of Parliament (Lok Sabha), was sworn in as the 9th Chief Minister(CM) of Uttarakhand following the resignation of Trivendra Singh Rawat  following the unease over his governance. Tirath Singh Rawat’s term as the CM will end before the assembly polls in March or April 2022.

 

6.CISF RAISING DAY 2021

      Central Industrial Security Force (CISF) Raising Day is annually observed across India on 10th March to commemorate the service and commitment of the personnels of CISF towards protecting the major installations and integrity of the nation.

      The day also marks the establishment of the CISF on 10th March 1969.

      CISF was established under the Act of Parliament, “Central Industrial Security Force Act, 1968 (50 of 1968).

 

7.UP GETS 8TH AIRPORT AT BAREILLY

      Bareilly Airport became the 8th Airport of Uttar Pradesh(UP). The Trishul Military Airbase has been upgraded as the Bareilly Airport for commercial flight operations under the Regional Connectivity Scheme – Ude Desh Ka Aam Nagrik (RCS-UDAN) of the Government of India.

      UP became the first state of India to have the highest number of Airports.

      Currently UP has 8 functional airports namely Lucknow, Agra, Varanasi, Gorakhpur, Prayagraj, Kanpur, Hindon and Bareilly.

 

8.MILITARY EXERCISE ‘DUSTLIK II’

      The 2nd Edition of Annual Bilateral Joint Military Exercise ‘DUSTLIK-II’ between the Indian Army & Uzbekistan Army is being held at Ranikhet, Uttarakhand.

      The exercise focused on Counter Insurgency (CI) & Counter-Terrorism (CT) skills of both sides.

 

9.INDIA’S LARGEST FLOATING SOLAR POWER PLANT TO BE COMMISSIONED BY 2021

      India’s Largest Floating Solar Power Plant of 100 MegaWatt (MW) capacity being constructed at Ramagundam in Peddapalli district of Telangana is set to be commissioned by May-June, 2021.

      It will be India’s largest floating solar plant in a single location as of now.

      It is being developed by NTPC South (formerly known as National Thermal Power Corporation Limited) at a cost of INR 423 Crore over the water surface of Sri Ram Sagar Project Reservoir.

 

10.G.C. MURMU RE-APPOINTED AS CHAIRMAN OF UN’S PANEL OF EXTERNAL AUDITORS

      14th Comptroller and Auditor General of India (CAG), Girish Chandra Murmu was re-appointed as the Chairman of the Panel of External Auditors of the United Nations(UN) for the year 2021.

      He was initially elected as Chairman of the Panel for 2020

 

11.THOMAS BACH RE-ELECTED AS PRESIDENT OF IOC

      Executive Board of the International Olympic Committee (IOC) re-elected Thomas Bach for an additional term of 4 years as the President of ICO until 2025.

      His current term as the President of IOC will finish on the closing day of the Tokyo Olympic Games on 8th August 2021 and his second term as the President will start on 9th August 2021 and will conclude in 2025.

 

12.INTERNATIONAL LUNAR SCIENTIFIC RESEARCH STATION

      Russian space agency “Roscosmos” signed a MoU with China National Space Administration (CNSA) for jointly creating an International Lunar Scientific Research (ILSR) Station, which will be open for all countries.

      Both countries are also planning to develop research facilities on the surface of the Moon.

      Upcoming Lunar probes- Russia’s Luna 27, planned for 2025 and China’s Chang’e-7 planned for 2024, both will be surveying the lunar south pole.

      Note- International Space Station (ISS) launched in 1998 was developed by 5 space agencies: NASA, Roscosmos, JAXA (Japan), ESA (EU), and CSA(Canada).

 

13.NADA IMPOSED SANCTIONS ON MADHAVAN R & RUCHIKA

      Disciplinary Panel of the National Anti-Doping Agency (NADA) imposed sanctions on Madhavan R, Weightlifter, and Ruchika, Boxer for the violation of NADA’s code on the usage of prohibited substances.

 

14.MATTEO PELLICONE RANKING SERIES 2021

      The 14-member Indian Wrestling Contingent bagged 8 medals (2 Gold, 1 Silver, 5 Bronze) at the Matteo Pellicone Ranking Series 2021 held at Rome, Italy. 

      The series was conducted for the categories of Freestyle, Greco-Roman & Women Wrestling.

      Around 26 Countries participated in the Tournament which was organized by the United World Wrestling (UWW).

Winner                                                                   Category                                               Medal

Bajrang Punia                                      Men’s 65 Kg (Freestyle)                                     Gold

Vinesh Phogat                                      Women’s 53 Kg                                                   Gold

Sarita Mor                                             Women’s 57 Kg                                                   Silver