DAILY GK 7-8 JAN
1.
WORLD
BANK’S IBRD RAISES GBP 1.5 BILLION IN 5-YEAR SUSTAINABLE DEVELOPMENT BOND
·
The World
Bank (WB) arm International
Bank for Reconstruction and Development (IBRD) has priced
a 5-year Sustainable Development Bond in Great British Pound sterling
(GBP) to raise GBP 1.5 billion from investors,
contributing to finance sustainable development initiatives in World Bank
member countries.
·
IBRD has
maintained a triple-A(AAA) rating (investment grade ratings)
since 1959.
·
The bond will
mature on 2nd October 2028.
·
The bond is
listed on the Luxembourg Stock Exchange (LSE) in Luxembourg
City, Luxembourg.
·
World Bank
Group(WBG): WBG consists of
five development institutions namely,
1.
International
Bank for Reconstruction and Development (IBRD)
2.
International
Development Association (IDA)
3.
International
Finance Corporation (IFC)
4.
Multilateral
Guarantee Agency (MIGA)
5.
The
International Centre for the Settlement of Investment Disputes (ICSID)
2.
INDIA’S
GDP LIKELY TO GROW BY 7.3% IN FY24: NSO
·
National
Statistical Office (NSO), Ministry of Statistics and Programme
Implementation (MoSPI) released the First
Advance Estimates (FAE) of National Income for the financial year 2023-24
·
Indian economy
growth in real GDP will be at 7.3% in FY24 as compared to
the 7.2% in FY23.
·
The higher GDP growth
is driven by government expenditure along with a pickup in sectoral outputs of
mining, manufacturing, construction and financial services.
3.
MD &
CEO OF NARCL
·
P Santhosh, Chief General Manager (CGM) of Canara
Bank, has been appointed (on deputation) as Managing Director (MD)
and Chief Executive Officer (CEO) of National Asset Reconstruction of India Limited (NARCL)
·
NARCL is a
state-backed ‘bad bank’ formed on 7th July 2021.
·
It is registered
with the Reserve Bank of India (RBI) as an Asset Reconstruction Company (ARC).
·
Chairman– Diwakar Gupta
·
Headquarters– Mumbai, Maharashtra
4.
MD &
CEO of NIIFL
·
SanjivAggarwal, Partner (Energy Infrastructure), Actis,
was appointed as the Managing Director (MD) & Chief Executive officer (CEO)
of National Investment and Infrastructure
Fund Limited (NIIFL)
·
NIIFL-The creation of the National Investment and
Infrastructure Fund was announced in the Union Budget of 2015-16.
·
Headquarters
– Mumbai, Maharashtra
5.
SEBI
EXECUTIVE DIRECTOR
·
The Securities
and Exchange Board of India (SEBI), has appointed Govindayapalli Ram
Mohan Rao as Executive Director (ED) of SEBI for a period of three years.
6.
ISRO
Successfully Injected Aditya L1 into the Halo Orbit Around L1
·
Indian Space
Research Organisation (ISRO) successfully performed the crucial
manoeuvre (final manoeuvre) of injecting the Aditya-L1
spacecraft, India’s first space-based observatory-class solar probe to
study the Sun, into the halo orbit around Lagrangian point
1 (L1).
·
Aditya L1 has
travelled around 3.7 million kilometers in 126
days to reach L1.
·
This marks the
transition of Aditya L1 mission from
cruise phase to orbit phase.
7.
BOOK FOUR
STARS OF DESTINY
·
General Manoj MukundNaravane (MM Naravane), former Chief of Army Staff(CoAS) has
penned his autobiography titled “Four Stars of Destiny: An
Autobiography”.
· MM Naravane served as the 28th CoAS of Indian Army from December 2019 to April 2022.
