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Thursday, April 8, 2021

DAILY GK: 4,5 APRIL 2021

 DAILY GK: 4,5 APRIL 2021

1. FARM BASED SOLAR POWER PROJECT UNDER PM-KUSUM SCHEME

      Rajasthan Renewable Energy Corporation Ltd (RRECL) commissioned India’s 1st Farm-based Solar Power Project under the PM-KUSUM (Pradhan Mantri-Kisan Urja Suraksha evam Utthan Mahabhiyan) Scheme at Bhaloji Village, Rajasthan.

      The power generated by the project will be purchased by Rajasthan VidhyutVitran Nigam Ltd (at the rate of INR 3.14 per unit).

 

2. INDIA CONTRIBUTES USD 300,000 TO UN WOMEN

      T.S. Tirumurti, India’s Permanent Secretary to the United Nations (UN) stated that India has contributed USD 300, 000 (~ INR 2.2 Crores) to the UN Entity for Gender Equality and the Empowerment of Women (also known as UN Women).

      In September 2020, India along with Afghanistan was elected as Members of the UN Commission on Status of Women, a body of the Economic and Social Council (ECOSOC).

 

3. WTO REVISED ITS GLOBAL TRADE PROJECTION

      World Trade Organisation(WTO), the multilateral trade body in its Trade forecast, revised its global merchandise trade volume growth for 2021 to 8% from the earlier forecast of 7.2% in October 2020.

      WTO reported that a 5.3% decline in global trade in 2020.

 

4. FAO’S REPORT

      Food and Agriculture Organization of the United Nations (FAO) in association with Fund for the Development of Indigenous Peoples of Latin America and the Caribbean (FILAC) has released a report titled “Forest Governance by Indigenous and Tribal Peoples”

 

5. NIIFL MADE ITS 1ST INVESTMENT IN HEALTH SECTOR

      The National Investment & Infrastructure Fund Ltd (NIIFL) made its first investment in the Indian healthcare sector by its investment of 2,100 crores in Manipal Hospitals through its direct private equity fund, Strategic Opportunities Fund(SOF).

      NIIFL wasIndia’s first infrastructure specific investment fund or a sovereign wealth fund that was set up by the Government of India.

 

6. CANAL-BASED DRINKING WATER PROJECTS IN PUNJAB

      The World Bank(WB) and Asian Infrastructure Investment Bank (AIIB) have approved the loan for the 300 Million USD (around Rs.2190 crore) canal-based drinking water project in Punjab.

      The entire project will be co-financed by International Bank for Reconstruction and Development (IBRD) of World Bank(USD 105 million), AIIB (USD 105 million) and the Government of Punjab(USD 90 million).

 

7. PAYPAL LAUNCHES CRYPTOCURRENCY CHECKOUT SERVICE IN US

      PayPal Holdings Inc has started allowing United States(U.S.) consumers to use their cryptocurrency holdings to pay its online merchants globally.

      In PayPal digital wallets, Customers who hold bitcoin, ether, bitcoin cash & litecoin will  be able to convert their holdings into fiat currencies at checkouts to make purchases.

 

8. KALINGA RATNA SAMMAN 2021

      M Venkaiah Naidu, Vice President of India presented the Kalinga Ratna Samman for the year 2021 to Biswabhusan Harichandan, governor of Andhra Pradesh(AP) to recognise his contribution to literature.

      Kalinga Ratna Samman is an annual award instituted by the Sarala Sahitya Sansad in 2007.

      The award recognises the person of Odisha who has contributed to any field at the national or international level.

 

9.YES BANK BOUGHT RINFRA’S RELIANCE CENTRE

      YES Bank bought the Reliance Centre of Reliance Infrastructure Limited (RInfra) at Santacruz, Mumbai, Maharashtra for Rs.1200 crores.

      This sale of the office building of 21432.28 square meter plot in Santacruz is utilised to repay the debt of YES Bank.

      Under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002, The YES bank has issued the demand notice to Reliance Infrastructure Ltd on 6th May 2020, for non-payment of loans amounting to Rs. 2,892 crore.

 

10.DELIVERY OF ‘AKASH MISSILE’ TO INDIAN ARMY

      Bharat Dynamics Ltd (BDL) started the delivery of the ‘Akash Missile’ (surface-to-air Missile System) to the Indian Army.

      BDL manufactures AKASH Missile for both the Indian Army and Indian Air Force.

      The Missile system has been designed and developed by DRDO (Defence Research and Development Organisation) with 96% Indigenous content.

 

11.NEW PLANT SPECIES NAMED AFTER SHARADPAWAR

      Researchers discovered a new species of flowering plants belonging to the genus “Argyreia”, in Western Ghats at Kolhapur district, Maharashtra.

      The species is named as “ArgyreiaSharadchandraji” to honour SharadPawar, former Union Agriculture Minister of India.

 

12.2023 MEN’S BOXING WORLD CHAMPIONSHIP

      International Boxing Association (AIBA) announced Tashkent, the capital city of Uzbekistan as the host city for 2023 Men’s Boxing World Championship.

      The biennial event is the highest event in the sport of Boxing.

      For the 1st time Uzbekistan is going to host the Boxing World Championship in its 22nd Edition in 2023.

 

13.1ST STATE TO PROVIDE HEALTH INSURANCE FOR ALL ITS RESIDENTS

      Health Insurance Scheme (Mukhyamantri Chiranjeevi Swasthya Bima Yojana).

      With this launch, Rajasthan became the 1st State in India to provide health insurance of up to INR 5 Lakh to each Family every year.

      The announcement of the Health Insurance Scheme was made during the presentation of the State Budget for the FY 2021-22.

 

14.RBI DEPUTY GOVERNOR BP KANUNGO RETIRES

      Against expectations of getting a second extension, the senior-most deputy governor BP Kanungo retired from the Reserve Bank on completion of his one-year extension.

      Kanungo joined the RBI in 1982 and was in charge of currency management, external investments, operations, payment, and settlement system, among others, during the four-year term as the deputy governor, which began in April 2017.

 

15.2023 FIFA WOMEN’S WORLD CUP

      The 2023 Women’s World Cup of football will be spread across nine cities in Australia and New Zealand.

      The opening match will be held at Eden Park in Auckland, with Sydney’s Stadium Australia hosting the final.

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