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Tuesday, January 23, 2024

DAILY GK 17-18 JAN

 DAILY GK 17-18 JAN

 

1.         Description: https://affairscloud.com/assets/plugins/wccp-pro/images/transparent.gifINDIAN & JAPAN COAST GUARDS CONDUCTS ‘EXERCISE SAHYOG KAIJIN’

·           The Indian Coast Guard (ICG) and Japan Coast Guard (JCG) conducted a 5-day annual joint exercise, ‘Sahyog Kaijin,’ off the coast of Chennai, Tamil Nadu

·           This marks the 20th edition joint exercise between the Japanese and Indian Coast Guards since its institution in 2000.

 

2.         DENMARK & INDIA LAUNCHED GREEN FUELS ALLIANCE INDIA 

·           Denmark has launched “Green Fuels Alliance India” (GFAI), an initiative to boost collaborative efforts between India and Denmark in the sustainable energy solutions sector, at the Tamil Nadu Global Investors Meet (GIM) 2024, Chennai, Tamil Nadu.

·           The initiative is led by the Danish Embassy and Consulate General of Denmark in India.

·           GFAI: Green Fuels Alliance IndiaThe initiative will play a pivotal role in advancing the green fuels sector which includes green hydrogen by fostering innovation, collaboration, and partnerships between Danish industries and their counterparts in India.

·           India has set the target to achieve carbon neutrality by 2070.

·           Denmark has topped the global Climate Performance Index (2024) and is on the path to achieving carbon neutrality by 2050.

·           Denmark:Prime Minister– Mette Frederiksen

·           Capital– Copenhagen

·           Currency– Danish Krone

 

3.         IEA’S RENEWABLES 2023 REPORT

·           International Energy Agency (IEA) released the report titled “Renewables 2023” highlighted the important finding of the report that the world added 50% more renewable energy capacity in 2023 compared to 2022

·           Top Countries which contributed maximum in rise of renewable energy at global level:

·           China led the overall maximum increase in renewable energy followed by Europe, United States of America (U.S.A) and Brazil.

·           It emphasized on the deployment of solar and wind power to reduce dependence on fossil fuels usage in order to achieve the goal to limit global warming to 1.5 degree Celsius from pre-industrial levels.

·           The report projected global renewable power capacity is expected to increase by 7300GW over 2023-2028 periods.

·           As per the report Solar Photovoltaic and wind energy will emerged as the largest source of global electricity by early 2025.

·           IEA  is an autonomous intergovernmental organization which provides policy recommendations, analysis and data on entire global energy sector.

·           Headquarter: Paris, France

·           Member nations: 31(India joined IEA as association member nation in 2017)

 

4.         RBI IMPOSES RS.2.49 CRORE MONETARY PENALTY ON 3 BANKS

·           The Reserve Bank of India (RBI) has imposed monetary penalties of about Rs.2.49 crore on three banks namely Dhanlaxmi Bank Limited, Punjab & Sind Bank and ESAF Small Finance Bank Limited for contravention of regulatory norms.

·           Dhanlaxmi Bank Ltd – Rs.1.20 crores for non-compliance with certain directions issued by RBI on Loans and Advances

·           ESAF Small Finance Bank Limited – Rs.29.55 Lakh for non-compliance with the directions issued by RBI on ‘Customer Service in Banks’.

·           Punjab & Sind Bank – Rs.1 crore for Non-compliance with certain directions issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’

 

5.         RBI IMPOSES MONETARY PENALTY ON FIVE CO-OPERATIVE BANKS

·           RBI has imposed monetary penalties on five cooperative banks for deficiencies in regulatory compliance under the provisions of Banking Regulation Act, 1949.

·           Gujarat-based Navsarjan Industrial Co-operative Bank Limited – Rs 7 lakh for non-compliance with the directions on placement of deposits with other banks by primary (urban) co-operative banks

·           Gujarat-based Mehsana Jilla Panchayat Karmachari Co-operative Bank Limited – Rs 3 lakh for non-compliance with the directions issued by the RBI on ‘placement of deposits with other banks by primary (urban) co-operative banks’

·           Gujarat-based Halol Urban Co-operative Bank Limited – 2 lakh for non-compliance with the directions issued by the RBI on ‘loans and advances to directors, relatives and firms/concerns in which they are interested’ and ‘placement of deposits with other banks by primary (urban) co-operative banks’.

·           Telangana-based Stambhadri Co-operative Urban Bank Limited – Rs.50,000 for non-compliance with the directions issued by the RBI on ‘loans and advances to directors, their relatives, and firms/concerns in which they are interested

·           Tamil Nadu-based Subramanianagar Co-operative Urban Bank Limited – Rs.25,000 for non-compliance with the directions issued by the RBI on ‘loans and advances to directors, their relatives, and firms/concerns in which they are interested’. 

 

6.         SWACHH SURVEKSHAN AWARDS 2023

·           Surat (Gujarat) and Indore (Madhya Pradesh/MP) were jointly recognised as the cleanest city in India under category of cities with a population more than 1 lakh.

·           Indore has ranked No 1 in All India Clean city for the 6th Consecutive time.

 

7.         MD PATRA REAPPOINTMENT AS DEPUTY GOVERNOR OF RBI

·           Appointments Committee of the Cabinet (ACC) headed by Prime Minister (PM) Narendra Modi has approved the reappointment of Michael Debabrata Patra as Deputy Governor of the Reserve Bank of India (RBI) for the second time.

·           His tenure was extended by one year with effect from 15th January 2024 or until further orders, whichever is earlier.

 

8.         NATIONAL STARTUP AWARDS 2023

·           On the occasion of 8th National Startup Day 2024 i.e. on January 16, 2024, the results of the 4th edition of ‘States’ Startup Ranking 2022 & 4th ‘National Startup Awards (NSA) 2023 ‘ were declared by Startup India, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry (MoCI)

·           In the State’s Startup Ranking 2022, GujaratKarnataka Kerala, and Tamil Nadu (TN) emerged as the best-performing States in Category A (Population above 1 Cr)

·           Himachal Pradesh is emerged as the best performer in Category B (Population below 1 Cr).
The winning startups will get Rs 10 Lakh each.

 

9.         INS CHEETAH, GULDAR AND KUMBHIR DECOMMISSIONED

·           Three Indian Navy Ships (INS) namely INS Cheetah, INS Guldar and INS Kumbhir were decommissioned simultaneously during a ceremony conducted at Port Blair, Andaman & Nicobar (A&N).

·           INS Cheetah was initially deployed at Kochi(Kerala) and Chennai(Tamil Nadu) whereas INS Kumbhir and INS Guldar were based at Visakhapatnam(Andhra Pradesh).

·           Chief of the Naval Staff (CNS) – Admiral Radhakrishnan Hari Kumar

 

10.      NITI AAYOG REPORT ON MULTIDIMENSIONAL POVERTY

·           According to the National Institution for Transforming India‘s (NITI Aayog) discussion paper on the National Multidimensional Poverty Index (MPI), ‘National Multidimensional Poverty: A Progress Review -2023,’ India’s Multidimensional poverty, reduced from 29.17% (2013-14) to 11.28% (2022-23), with about 24.82 crore individuals emerged from poverty during this transformative period.

·           At the State level, Uttar Pradesh leads the list with 5.94 crore people escaping poverty, followed by Bihar at 3.77 crore and Madhya Pradesh at 2.30 crore.

·           NITI Aayog Chairperson– Narendra Modi

·           Chief Executive Officer (CEO)- B.V.R. Subrahmanyam

·           NITI Aayog was formed via a resolution of the Union Cabinet on 1 January 2015. It is a policy think tank for the Indian government. It came into effect on 16 February 2015 via a notification by the Cabinet Secretariat.

 

11.      SEBI ALLOWED VOLUNTARY FREEZING OF CLIENTS’ TRADING ACCOUNT FROM JULY 1, 2024

·           Securities and Exchange Board of India (SEBI) notified that Investors will be allowed to freeze or block their trading account any suspicious activity is detected. 

·           The framework for the same will be laid down on or before 1st April 2024 and will be implemented from 1st July 2024.

·           Trading Account: A trading account is an investment account which helps retail investors to buy or sell securities. Trading account is opened with a stock broking firm which, in turn, provides access to the trading platform of a stock exchange, and allows the execution of trades on behalf of the account holder.

·           SEBI is the regulatory authority for the capital market. It was established as a statutory body in 1992 and the provisions of the SEBI India Act, 1992 (15 of 1992) came into force on January 30, 1992.

·           Chairperson– Madhabi Puri Buch

·           Headquarters– Mumbai, Maharashtra

 

12.      RBI CANCELS LICENCE OF KARNATAKA’S HIRIYUR URBAN CO-OP BANK 

·           Reserve Bank of India (RBI) cancelled the licence of Karnataka based The Hiriyur Urban Co-operative Bank Limited as the bank does not have adequate capital and earning prospects.

·           Upon bank liquidation, each depositor is entitled to a deposit insurance claim of up to Rs.5 lakh from Deposit Insurance and Credit Guarantee Corporation (DICGC), as per the provisions of the DICGC Act, 1961.

 

13.      TAIWAN PRESIDENTIAL ELECTION 

·           William Lai Ching-te (64 years) of  Democratic Progressive Party (DPP) won the Taiwan Presidential election with 40.05% of the vote and has been elected as the President of Taiwan.

·           Lai Ching-te secured 40.1% of the votes whereas Huo Yu-ih the Mayor of Taipei from the Kuomintang (KMT) party secured only 33.5%

·           Capital – Taipei

 

14.      8TH ARMED FORCES VETERANS’ DAY – JANUARY 14 2024

·           Armed Forces Veterans’ Day is annually celebrated across India on 14 January to honour and recognise the service of Field Marshal Kodandera Madappa Cariappa, the 1st Indian Commander-in-Chief (C-in-C) of the Indian Armed Forces, who retired from the military on 14 January 1953 and led Indian forces to victory in the 1947 war.

 

15.      76TH INDIAN ARMY DAY – JANUARY 15 2024

·           Indian Army Day is annually observed across India on 15 January to honour and salute the brave soldiers of the Indian Army who fought at borders and sacrificed their lives to safeguard the nation from the attack of enemies.

·           The Day also known as Bhartiya Sena Diwas, recognises the achievements of the 1st Commander-in-Chief (C-in-C) of the Indian Army General (later Field Marshal) Kodandera Madappa (KM) Cariappa.

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