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Friday, July 2, 2021

DAILY GK : 03 JULY 2021

DAILY GK : 03 JULY 2021

1.REPORT ON UDISE+ 2019-20 FOR SCHOOL EDUCATION

•     Union Minister for Education Ramesh Pokhriyal ‘Nishank’ released the report on ‘United District Information System for Education Plus (UDISE+) 2019-20’ for School Education in India.

•     It is the official statistics system of the Ministry of Education (MoE).

•     Enrolment of girls from primary to higher secondary is more than 12.08 crore, an increase of 14.08 lakh compared to 2018-19.

•     Total Students in school education from pre-primary to higher secondary has crossed 26.45 crore in 2019-20, which is an increase of 42.3 lakh compared to 2018-19.

 

2.AJNIFM PARTNERS WITH MICROSOFT

•     Arun Jaitley National Institute of Financial Management (AJNIFM) made a strategic partnership and signed a Memorandum of Understanding (MoU) with Microsoft to build a Centre of Excellence at AJNIFM, enabled with AI (Artificial Intelligence) and emerging technologies.

•     AJNIFM, registered society under Ministry of Finance, Government of India.

 

3.WORLD’S 5TH LARGEST HST IN PITHAMPUR, INDORE (MP)

•     On the lines of Aatmanirbhar Bharat Initiative, Union Minister Prakash Javadekar, Ministry of Heavy Industries and Public Enterprises (MoHI&PE) virtually inaugurated Asia’s longest and world’s 5th largest 11.3 km NATRAX (National Automotive Test Tracks) High-Speed Track (HST) in India’s Pithampur district of Indore, Madhya Pradesh.

•     It is designed for neutral speeds of 250 kmph (kilometre per hour) and maximum speeds of up to 375 kmph on curbs.

•     There is no limit to maximum speed on the straight patch.

 

4.RBI’S 23RD FSR 2021

•     Reserve Bank of India (RBI) released the 23rd issue of its bi-annual Financial Stability Report (FSR) 2021.

•     It estimated the Scheduled Commercial Banks (SCBs) Gross Non-Performing Assets (GNPAs) to rise by 9.8 percent in March 2022 (as per the baseline scenario), from 7.48 percent in March 2021.

•     GNPAs in March 2022 is estimated to be 11.22 percent as per the severe stress scenario.

•     The report stated economic recovery in May and early June 2021.

•     H2 FY21 PROJECTION OF SCBS’ GNPA AND NNPA RATIO:

TYPE                                                GNPA  RATIO        NET NON-PERFORMING ASSETS (NNPA) RATIO

All SCBs                                                     7.5%                                                                2.4%

Public Sector Banks (PSBs)                       9.5%                                                                3.1%

Private Banks (PVBs)                                4.8%                                                                1.5%

Foreign Banks (FBs)                                   2.4%                                                               0.6%

 

5.66TH FOUNDATION DAY OF SBI

•     On July 1 2021, the State Bank of India (SBI), the largest lender and the oldest commercial bank in India, has celebrated its 66th Foundation Day.

•     On the same day in 1955, the Government of India took control of the Imperial Bank of India, with the Reserve Bank of India taking a 60 percent stake, renamed it as the State Bank of India.

     It has allocated Rs 62 crore to PM CARES Fund on its foundation day to support the fight against          Covid-19. 

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