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Wednesday, January 3, 2024

DAILY GK 29-30 DEC

 DAILY GK 29-30 DEC

1.       THREE NEW CRIMINAL BILLS 2023

        President of India Droupadi Murmu gave assent to three new criminal bills: Bharatiya Nyaya (Second) Sanhita (BNS2), 2023; Bharatiya Nagarik Suraksha (Second) Sanhita(BNSS2), 2023; and Bharatiya Sakshya (Second) Adhiniyam, 2023.

        The three new criminal bills will replace the British-colonial era laws: the Indian Penal Code(IPC), 1860; the Criminal Procedure Code (CrPC), 1973 and the Indian Evidence Act(IEA), 1872 respectively.

 

2.       SEBI EXTENDS DEADLINE TO ADD NOMINEES IN MUTUAL FUNDS, DEMAT ACCOUNTS

        Securities and Exchange Board of India (SEBI) extended the deadline to add nominees for Demat Accounts (Dematerialisation Account) and mutual fund portfolios to June 30, 2024.

        Earlier the deadline was December 31, 2023.

        This aims to help the investors to secure their assets and pass them on to their legal heirs.

        Only individual demat account holders, either singly or jointly, are eligible to nominate.

        Non-individual entities like societies, trusts, corporations, etc., cannot nominate.

        Joint holders can nominate, and in case of death, securities go to surviving holders unless there is a nominee.

        NRIs (Non-Resident Indians) can nominate directly, but power of attorney holders or minors cannot nominate.

 

3.       AD HOC COMMITTEE TO RUN OPERATIONS OF SUSPENDED WFI

        The Indian Olympic Association (IOA) constituted a 3-member ad hoc committee to run the day-to-day operations of the Wrestling Federation of India (WFI).

        This comes after the suspension of the WFI’s governing council by the Ministry of Youth Affairs and Sports (MYAS).

        The IOA appointed Bhupinder Singh Bajwa, the President of Wushu Association of India as chairman of the ad hoc committee.

        The other 2 members of the committee are Maneyapanda Muthanna Somaya, an Olympian in hockey; and Manjusha Kanwar, a former international badminton player.

        Indian Olympic Association (IOA):IOA is the governing body for the Olympic Movement and the Commonwealth Games in India.

        President– P.T. Usha

        Headquarters– New Delhi, Delhi

 

4.       PAKISTAN CONDUCTED FLIGHT TEST OF ‘FATAH-II’ ROCKET SYSTEM

        Pakistan Military conducted a successful flight test of the indigenously developed guided Multi-Launch Rocket System (MLRS) ‘Fatah-II‘, which is equipped with state-of-the-art avionics, a sophisticated navigation system, and a unique flight trajectory.

        The weapon system is capable of engaging targets with high precision up to a range of 400 kilometers, marking a substantial advancement in long-range artillery.

 

5.       IONS CONCLAVE OF CHIEFS HELD IN BANGKOK, THAILAND

        The 8th edition of the Indian Ocean Naval Symposium (IONS) Conclave of Chiefs (CoC) (2023) hosted by the Royal Thai Navy (RTN) was held in Bangkok, Thailand

        The 8th Conclave marks the transition of IONS Chairmanship from France(2021-23) to Thailand(2023-2025).

        Chiefs of Navies, and Heads of Maritime Agencies from 27 IONS member/observer countries particiapted in the conclave.

        Admiral R Hari Kumar, Chief of the Naval Staff (CNS) of the Indian Navy (IN),  led the 3-member Indian Naval delegation for the conclave.

 

6.       1ST WOMAN DG OF CISF

        Nina Singh was appointed as the 1st woman Director General (DG) of the Central Industrial Security Force (CISF).

        Anish Dayal Singh, DG of Indo-Tibetan Border Police (ITBP) was appointed as the full-time DG of the Central Reserve Police Force (CRPF)

        Rahul Rasgotra  will be the new DG of ITBP

        Vivek Srivastava was appointed as DG of the Fire Service, Civil Defence, and Home Guards

 

7.       DEVEN PAREKH NOMINATED TO THE BOARD OF DFC

        Joe Biden, The President of the United States of America (USA) has nominated Indian-American global venture capitalist Deven Parekh, Managing Director at Insight Partners, as a member of the Board of Directors of the US International Development Finance Corporation (DFC) for 3 years.

        DFC is America’s development finance institution, based in Washington, DC, USA. Chief Executive Officer- Scott Nathan

 

8.       LSAM 10 (YARD 78): MCA BARGE LAUNCHED IN MUMBAI

        The Indian Navy (IN) inducted the Missile Cum Ammunition (MCA) Barge, LSAM 10 (Yard 78), the 4th Barge of the 08 x MCA Barge project at Naval Dockyards in Mumbai, Maharashtra for the Naval Armament Depot (NAD), Karanja, Mumbai.

9.       INDIA-RUSSIA BILATERAL MEETING

·         The External Affairs minister of India has visited Russia for a Bilateral Meeting where both the countries signed agreements on Nuclear Power and in areas of medicines, pharmaceutical substances and medical devices.

·         Both Countries agreed on the expansion of the exports of Russian hydrocarbons to the Indian market as well as the cooperation in the peaceful use of nuclear energy.

 

10.    T+0 AND INSTANT SETTLEMENT CYCLE BY SEBI

·         The Securities and Exchange Board of India (SEBI) has proposed a new system for settlement of funds and securities on T+0 (same day) and instant settlement cycle on an optional basis, supplementing the existing T+1 (trade plus one day) settlement cycle in the secondary markets for the equity cash segment.

·         T in Settlement Cycles: The "T" in settlement cycles within financial markets refers to the day on which a transaction or trade takes place.

·         In this context, "T" represents the transaction date. The settlement cycle, denoted as "T+n," specifies the number of days after the transaction date (T) by which the settlement or completion of the trade occurs.

·         Benefits for Clients: Enables faster pay-outs of funds against securities for sellers and vice versa, offering enhanced flexibility.

 

11.    PONG DAM WILDLIFE SANCTUARY

·         The Union Ministry of Environment and Forests has recently issued a draft notification declaring an area of one kilometre from the boundaries of Pong Dam Wildlife Sanctuary in Kangra district, Himachal Pradesh as an eco-sensitive zone.

·         The Pong Dam Wildlife Sanctuary is located around the Pong Dam Lake(also known as Maharana Pratap Sagar), a manmade reservoir formed due to the construction of the Pong Dam on the Beas River.

·         The Pong Dam is the highest earth-fill dam in India and was constructed in 1975. In 1983, the entire reservoir was declared a Wildlife Sanctuary by the Himachal Pradesh government.

·         In 1994, the Government of India declared it a "wetland of national importance".

·         Pong Dam Lake was declared as a Ramsar Site in 2002.

 

12.    SUSPENSION OF MEMBERS OF PARLIAMENT

·         Recently, 146 Members of Parliament (MPs) have been suspended during the winter session of Parliament 2023.

·         MPs in both Houses faced suspension due to their disruption of Parliamentary proceedings in protest of the recent breach of security in Parliament.

·         Who Can Suspend a Minister of Parliament- The general principle is that it is the role and duty of the Presiding Officer i.e., Speaker of Lok Sabha and Chairman of Rajya Sabha to maintain order so that the House can function smoothly.

 

13.    GELEPHU SMART CITY PROJECT

·         Bhutan’s King has announced plans to build a massive “international city” in an area of over 1,000 sq. km. on its border with Assam. This project is known as the Gelephu Project.

·         The Government of India agrees to construct the first India-Bhutan railway line to Gelephu.

·         Bhutan is nestled between India and Tibet, an autonomous region of China and is a landlocked country.

·         Thimphu is the Capital City of Butan.

·         Bhutan became a democratic country in 2008 after the first democratic elections were held in the country.

·         The King of Bhutan is the Head of State.

 

14.    NATIONAL LEGAL SERVICES AUTHORITY (NALSA) CHAIRMAN

·         President Droupadi Murmu has nominated Justice Sanjiv Khanna, the senior-most judge of the Supreme Court, as the Executive Chairperson of the National Legal Services Authority (NALSA).

·         The National Legal Services Authority (NALSA) has been constituted under the Legal Services Authorities Act, 1987.

·         Headquarter: New Delhi.

·         Hon’ble Dr Justice D. Y. Chandrachud, the Chief Justice of India is the Patron-in-Chief.

·         NALSA is housed at the Supreme Court of India.

 

15.    MINIMUM SUPPORT PRICE (MSP) FOR COPRA

·         The Cabinet Committee on Economic Affairs( CCEA) has approved the Minimum Support Price (MSP) for Copra for the 2024 season.

·         The MSP for the coming season is an increase of 300 rupees per quintal for milling copra and 250 rupees per quintal for ball copra over the previous season.

·         Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices.

·         The Cabinet Committee of Economic Affairs announces the MSP at the start of each sowing season, considering the recommendations of the Commission for Agricultural Costs and Prices (CACP).

·         CACP is an attached office of the Ministry of Agriculture and Farmers Welfare.

·         The Food Corporation of India (FCI), along with state government agencies (SGAs), procures food grains under MSP.

·         The Commission for Agricultural Costs & Prices (CACP) recommends MSPs for 22 mandated crops and fair and remunerative price (FRP) for sugarcane.

·         The mandated crops include 14 crops of the kharif season, 6 rabi crops and 2 other commercial crops.

 

16.    PROJECT PRAYAS

·         Recently, UN migration agency launched Project PRAYAS.

·         It was launched to facilitate safe, orderly and regular migration for Indian workers and students.

·         The International Organisation for Migration (IOM) launched Project PRAYAS (Promoting Regular & Assisted Migration for Youth and Skilled Professionals) in partnership with Ministry of External Affairs.

·         It is a joint collaboration between the IOM India and Indian Council of World Affairs (ICWA).

·         The project adheres to the objectives of the Global Compact for Safe, Orderly and Regular Migration (GCM) and the Migration Governance Framework (MiGOF).

·         It also aligns with Goal 10.7 of the 2030 Agenda for Sustainable Development Goals (SDGs) to facilitate orderly, safe, regular, and responsible migration and mobility of people.

 

17.    ASTEROID APOPHIS

·         Recently, NASA has embarked on a mission to intercept a near-Earth asteroid Apophis.

·         NASA has embarked on a mission to intercept a near-Earth asteroid, nicknamed the “God of Chaos.”

·         The asteroid Apophis, named after the Egyptian god of chaos.

·         Asteroid 99942 Apophis is a near-Earth object (NEO) .

·         It is estimated to be about 1,100 feet (340 meters) across.

 

18.    NATIONAL PROGRAMME ON ANGANWADI-CUM-CRECHE

·         A National Level Programme on Anganwadi-Cum-Creche Under Palna was held at Vigyan Bhawan, New Delhi

·         National Programme on Anganwadi-cum-Creche was Launched in 2023.

·         It us under  Ministry of Women and Child Development.

·         Objective: the central aim of Anganwadi-cum- Creches is to meet the demand for quality childcare facilities and enable women to actively participate in the workforce.

·         The Anganwadi-Cum- Creche initiative under the Palna Scheme underwent revisions and was included as part of the Samarthya sub-component of Mission Shakti, starting from April 2022.

·         The government has expanded childcare services through Anganwadi cum Creche (AWCC) as part of the Palna scheme, a sub-component of Mission Shakti.

·         Palna scheme: it is intended to offer a safe and secure environment for the children of working women to function as a catalyst for increasing female labour force participation.

 

19.    NOMA ADDED AS DISEASE BY WHO

·         Recently, the World Health Organization (WHO) added, noma, to its official list of neglected tropical diseases (NTD).

·         The severe gangrenous disease of mouth and face has 90% mortality rate and is associated with extreme poverty, malnutrition.

·         It is also known as cancrum oris or gangrenous stomatitis. (World Neglected Tropical Diseases (NTD) Day)

·         It is a severe gangrenous disease of the mouth and face with a mortality rate of approximately 90 per cent.

 

20.    TELECOMMUNICATIONS BILL, 2023

·         The Telecommunications Bill, 2023, was passed in Parliament recently.

·         The Bill will replace three archaic laws such as the Telegraph Act of 1885, the Indian Wireless Telegraphy Act of 1933 and The Telegraph Wires (Unlawful Possession) Act, 1950.

·         It aims to consolidate the law for wireless networks and Internet service providers and simplify the process of application for licenses and permits for telecom operators.

·         The Bill governs authorization of telecommunication networks and services, provides for auctioning as well as administrative allocation of spectrum, and defines the mechanism for exercising the right of way for laying telecom infrastructure such as cables in public as well as private property.

·         It states that prior authorization will be needed from the central government for providing telecom services, establishing, operating, maintaining, or expanding telecom networks, and possessing radio equipment.

·         The existing licenses remain valid for the grant period or five years if unspecified.

·         It also spells out emergency measures the government can take in the interest of national security and public safety such as intercepting messages, suspending telecommunication services as well as taking temporary possession of any telecommunication service or network.

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