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Tuesday, July 13, 2021

DAILY GK: 14 JULY 2021

 DAILY GK: 14 JULY 2021

1. INDIA’S 1ST GREEN HYDROGEN MOBILITY PROJECT

      NTPC Renewable Energy Ltd (NTPC REL), the renewable energy arm of NTPC Ltd has signed a Memorandum of Understanding (MoU) with Union Territory of Ladakh to set up India’s 1st Green Hydrogen Mobility project in Ladakh.

      The Agreement will enable NTPC to help Ladakh develop a carbon-free economy based on renewable sources and green hydrogen, which is in line with Prime Minister’s vision of ‘Carbon Neutral’ Ladakh.

 

2. MINISTRY OF CORPORATE AFFAIRS INCORPORATES NARCL

      The Ministry of Corporate Affairs (MCA) has incorporated the ‘National Asset Reconstruction Company (NARCL)’ also known as Bad Banks/Asset Reconstruction Company (ARC) with an authorised capital of INR 100 crore and paid-up capital of INR 74.6 crore.

      ‘Bad bank’ refers to a financial institution that takes over bad assets of lenders and undertakes resolution’.

      It has been created in collaboration with both Public and Private Sector Banks, and Indian Banks’ Association (IBA).

      Padmakumar Madhavan Nair, a stressed assets expert from SBI will serve as the Managing Director of NARCL.

      NARCL will house bad loan accounts of INR 500 crore or more. It will pay up to 15% of the agreed value for the loans in cash and the remaining 85% would be Government-guaranteed security receipts.

      Canara Bank would be the sponsor of NARCL and will hold a 12% equity, other large public sector banks will hold less than 10% each in NARCL.

 

3. NICL PROVIDED INSURANCE POLICY FOR HIGH-ALTITUDE YAK

      The National Research Centre on Yak (NRCY) at Dirang in West Kameng district of Arunachal Pradesh has tied up with National Insurance Company Ltd (NICL) to provide an insurance policy for the 1st time to insure the highly valuable High-Altitude Yaks against the risks.

      Yak belongs to the Bovini tribe, which also includes bison, buffaloes, and cattle.

      They are endemic to the Tibetan Plateau and the adjacent high-altitude regions.

 

4. INDIA’S 1ST CRYPTOGAMIC GARDEN INAUGURATED

      India’s 1st Cryptogamic Garden which has nearly 50 species of Lichens, Ferns and Fungi was inaugurated at Deoban area of Dehradun district, Uttarakhand.

      It was inaugurated by social activist Anoop Nautiyal.

      Cryptogamae means ‘hidden reproduction’ which refers to the fact that no seed, no flowers are produced.

      Algae, bryophytes (moss, liverworts), lichens, ferns and fungi are the best-known groups of cryptogams

 

5. INDIA’S 2ND LONGEST EXPRESSWAY

      Ganga Expressway, a 594 km long expressway covering important cities of Uttar Pradesh is set to be constructed in September 2021.

      The planned expressway is the 2nd longest in India, with 6 lanes covering Uttar Pradesh from Meerut to Prayagraj.

      This will cut the travel time between Delhi & Prayagraj from 11 hours to 6 hours.

      The 1350 km long Delhi-Mumbai Expressway is the longest ever planned expressway of India.

 

6. 1ST COUNTRY TO ADOPT UPI STANDARDS FOR ITS QR DEPLOYMENT

      NPCI International Payments Ltd (NIPL), the international arm of National Payments Corporation of India (NPCI), in partnership with the Royal Monetary Authority (RMA) of Bhutan implemented the Bharat Interface for Money (BHIM) Unified Payments Interface (UPI) QR-based payments in Bhutan.

 

7. INDIAN NAVY RECEIVES 10TH P-8I AIRCRAFT FROM BOEING

      US-based Aerospace company Boeing has delivered the 10th P-8I Maritime Surveillance Aircraft (Poseidon 8I) to the Indian Navy at INS Hansa, Goa.

      It is the 2nd P-8I Aircraft to be delivered by Boeing to Indian Navy under the Option Contract signed by the Ministry of Defence in 2016.

 

8. 40TH ANNIVERSARY OF APPLE SATELLITE

      Chandigarh University organised the 40th anniversary celebration of India’s 1st Communication satellite – APPLE Satellite.

      On the occasion, Prof. RM Vasagam, Director of Project APPLE, was awarded ‘Lifetime Achievement Award’ by Chandigarh University.

      Ariane Passenger Pay Load Experiment (APPLE), satellite program launched in 1981.

      APPLE played a foundational role in development of ISRO’s INSAT and other communication satellites.

 

9. 1ST CRICKETER TO SCORE 14,000 RUNS IN T20

      West Indies cricketer Chris Gayle popularly known as “Universal Boss” created history by becoming the 1st ever batsman to score 14,000 runs in T20 format.

      He achieved this feat during the ongoing T20 Internationals between Australia & West Indies.

      He also holds the record for Highest individual score of 175 runs in T20 format in 2013 Indian Premier League (IPL).

 

10. YASHPAL SHARMA PASSES AWAY

      Former Indian Batsman, Yashpal Sharma, who represented India in the 1983 ICC World winning Cricket team passed away due to cardiac arrest on 13th July 2021.

      He represented India in 37 Test matches and 42 One-Day Internationals (ODI).

 

11. BOOK “THE LONG GAME: HOW THE CHINESE NEGOTIATE WITH INDIA”

      Vijay Keshav Gokhale former Foreign Secretary of India has authored a new book titled “The Long Game: How the Chinese Negotiate with India”.

      The book is focused on diplomacy and China’s method of operations in diplomatic negotiations.

      The book is published by Vintage Books, a subdivision of Random House, an international publishing group.

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