DAILY GK 12-14 SEPT 2025
1.
P.V. NARASIMHA RAO MEMORIAL AWARD FOR ECONOMICS
·
Former
Prime Minister (PM) and Renowned Economist, Dr.
Manmohan Singh, has been posthumously conferred the PV
Narasimha Rao Memorial Award for Economics
·
The
P.V. Narasimha Rao Memorial Award is an honour instituted to commemorate
former PM PamulapartiVenkata (P.V.) Narasimha Rao, whose tenure was from 1991
to 1996.
·
He is remembered as the “Father of Indian Economic Reforms”.
2.
CHINA UNVEILED JL-1 BALLISTIC MISSILE
·
The People’s Liberation Army Air Force (PLAAF)
of China unveiled the Jinglei-1 (JL-1)
Air-Launched Ballistic Missile (ALBM)
during 2025 China Victory Day Parade
held at Tiananmen Square, Beijing (China), marking the first public display
of the air component of China’s nuclear
triad.
·
The JL-1 or JingLei-1, is a
nuclear-capable ALBM designed to be launched from H-6N bombers, equipped
with in-flight refueling capability.
·
Range: Approximately 8,000 kilometre (km)
3.
11TH ACTCM BARGE-LSAM 25 (YARD 135)
·
Indian Navy (IN) successfully
launched the 11th Ammunition Cum Torpedo Cum
Missile (ACTCM) Barge-Large Sized Ammunition/Missile barge(LSAM)
25 (Yard 135), in Thane,
Maharashtra.
·
In March 2021, the Ministry of
Defence (MoD) signed a MoU with Indian Micro, Small,
and Medium Enterprise (MSME), SPPL, for the
construction of 11 ACTCM Barges.
4.
3D-ASR LANZA-N COMMISSIONED INTO INDIAN NAVY
·
Indra, a global aerospace
and defence technology company headquartered in Spain, in collaboration with Tata Advanced Systems Limited (TASL), commissioned
the Lanza-N, India’s first indigenous Three Dimension Air Surveillance Radar (3D-ASR), into
the Indian Navy (IN) on its Indian Navy Ship (INS) Mysore.
·
It is one of the most advanced long-range
air defence and anti-missile radars.
·
The
radar, Lanza-N, provides 3D detection by measuring the distance,
direction, and altitude of the targets.
·
It
can detect targets at ranges of up to 256 nautical miles of
approximately 474 Kilometre (Km).
5.
MEN’S HOCKEY ASIA CUP 2025
·
The 12th edition of
the Men’s Hockey Asia Cup 2025 held in Bihar.
·
The Indian men’s hockey team clinched
the title by defeating the defending
champion South Korea (4-1) in the finals.
·
The victory marks India’s fourth Asia
Cup title and qualified for the 2026
International Hockey Federation (FIH)
FIH Men’s Hockey World Cup (Netherlands and Belgium).
·
Malaysia’s
men’s
team defeated China to secure the Bronze
Medal (3rd place)
·
Participants: India, South Korea,
Malaysia, China, Japan, Bangladesh, Chinese Taipei and Kazakhastan.
·
Pakistan
withdrew Men’s Hockey Asia Cup 2025 citing security
concerns and financial constraints, and was then replaced by Bangladesh.
·
Hero of the Tournament Abhishek (India) – (6 Goals)
·
AHF Best Goalkeeper -Kim Jaehan (Korea)
·
South Korea: 5-time title
winners since the tournament inception (1994, 1999, 2009, 2013 and 2022) India: 4-time
winners (2003, 2007, 2017, 2025)
·
Asian Hockey Federation (AHF) -Headquarters – Kuala
Lumpur, Malaysia
6.
US OPEN TENNIS 2025
·
The US Open 2025 was held on outdoor hard
courts
·
Spain’s Carlos Alcaraz won
the Men’s Singles, defeating Italy’s Jannik Sinner
·
Belarusian ArynaSabalenka won
the Women’s Singles by defeating the USA’s Amanda Anisimova
·
The total prize money for the US Open 2025
is USD 90 million (20% higher than 2024), with the
men’s and women’s singles champions earning USD 5 million each.
·
Spain’s Marcel Granollers and
Argentina’s Horacio Zeballos won the US Open 2025 Men’s Doubles by defeating
the United Kingdom’s (UK) pair of Joe Salisbury and Neal Skupski
·
Canada’s Gabriela Dabrowski and
New Zealand’s Erin Routliffe won the US Open 2025 Women’s Doubles by
defeating the Czech Republic’s KateřinaSiniaková and the USA’s Taylor Townsend.
7.
ITALIAN GP
·
4-time World Champion Max Verstappen, Belgian-Dutch driver of Red Bull won
the Formula (F1) Italian Grand Prix(GP)
2025, held in Monza, Italy.
·
McLaren’s championship leader Lando Norris secured 2nd position
·
Australian F1 driver, Oscar Piastri (McLaren)
secured 3rd position,
8.
CAFA NATIONS CUP 2025
·
The 2nd edition of
the CAFA Nations Cup 2025, the biennial men’s football championship of Central Asia, was organized by the
Central Asian Football Association (CAFA), was held across venues in Tajikistan and Uzbekistan.
·
Hosts Uzbekistan defeated
the defending champion Iran (1 – 0) in the finals to
claim their first CAFA Nations Cup title.
·
This tournament featured 8 teams, including 6 CAFA members and 2 invitees (India and Oman)
·
Indian
national football team (led
by Gurpreet Singh Sandhu), making its debut appearance in the CAFA Nations Cup,
secured the bronze medal by defeating Oman 3-2 on penalties in a thrilling third-place
play-off that ended 1–1.
·
The victory marked India’s first-ever win over Oman in international football.
·
India,
ranked 133rd in FIFA rankings, stunned higher-ranked
Oman (79th).
·
India
was announced as the guest team after Malaysia’s withdrawal from the tournament.
·
Best Player –
Khojiakbar Alijonov (Uzbekistan)
·
Top Goalscorer – Igor
Sergeev (Uzbekistan)
·
Best Goalkeeper – PayamNiazmand
(Iran)
·
CAFAis one of five regional bodies that
govern association football in Asia.
·
It consists of six full national association members: Afghanistan, Iran, Kyrgyzstan,
Tajikistan, Turkmenistan, and Uzbekistan.
·
Headquarters: Dushanbe,
Tajikistan
9.
MFIS’ DISBURSEMENTS REPORT
·
Gurugram based Microfinance Industry Network (MFIN) India, an umbrella
organisation of the
MicrofinanceInstitutions (MFIs), released the 54th edition of
Micrometer as on 30 June 2025 report.
·
The Asset Under Management (AUM) of
MFIs is Rs 1,34,574 cr as on 30 June 2025, including
owned portfolio Rs. 1,11,849 cr
and managed portfolio of Rs. 22,725 cr.
·
AUM decreased by 16.4% compared
to 30 June 2024 and decreased by 5.4% compared to 31 March 2025.
·
The
client base also contracted
from 4.5 crto 3.8crcompared to
the same period last year.
·
The
average loan amount disbursed per account during Q1 FY
25-26 was Rs 54,956, reflecting an increase of approximately 16.5% compared to
the same quarter of the previous financial year.
10.
SEBI NOTIFIES EASIER DELISTING RULES FOR PSU
·
The
market regulator Securities and Exchange Board of India (SEBI), introduced
special relaxations for Public Sector Undertakings (PSUs) in
which the government already
holds 90% or more equity.
·
SEBI has provided relaxations from the requirement of a two-thirds threshold
for approving delisting by public shareholders and in the mode of computation
of the floor price.
·
The
traditional reverse book-building (RBB)
mechanism has been replaced with a fixed
price approach, provided certain valuation conditions are met.
·
The
SEBI stated that the new rule applies to
PSUs, excluding banks,
Non-Banking Financial Companies (NBFCs),
and insurance companies, where the government holds a 90% or greater stake.
·
The PSUs can
now delist at a fixed price, provided it is at least 15% above
the floor price (FP), regardless of recent trading activity in the stock.
·
Earlier, the minimum allotment lot
for privately placed
InvITs in the primary market was either Rs. 1 crore(cr) or Rs. 25
cr, based on the asset composition.
11.
BOOK ‘OPERATION SINDOOR’
·
General Upendra Dwivedi, Chief
of the Army Staff (COAS) of the Indian Army (IA), launched
a book titled ‘Operation Sindoor: The Untold Stories of India’s
Deep Strikes Inside Pakistan’, authored by Lieutenant General Kanwal Jeet Singh (K.J.S) Dhillon (Retired)
·
The book has been published by Penguin
Random House India.
12.
INTERNATIONAL DAY OF CLEAN AIR FOR BLUE SKIES 2025 –
SEPTEMBER 7
·
The United Nations observes the International
Day of Clean Air for Blue Skies every year on 7
September to highlight the critical importance of reducing air
pollution, the world’s largest environmental health risk.
·
2025 Theme: Racing for Air. Every
Breath Matters
13.
INTERNATIONAL LITERACY DAY 2025- SEPTEMBER 8
·
The United Nations Educational, Scientific
and Cultural Organization (UNESCO)’s International Literacy
Day (ILD), observed globally every year on 8
September
·
2025 Theme: “Promoting Literacy
in the Digital Era.”
·
The idea of celebrating ILD was first
proposed during the inaugural World Congress of Ministers of Education on the
Eradication of Illiteracy, held in Tehran, Iran in 1965.
·
In 1966, the UNESCO General
Conference at its 14th session in Paris, France, adopted Resolution and officially
proclaiming 8 September of every year as ILD.
·
UNESCO
hosted a global event in Paris, France,
·
Himachal Pradesh(HP) became
the fourth state in India to achieve full functional literacy.
14.
HIMALAYA DIWAS 2025 – SEPTEMBER 9
·
Himalaya Diwas, or Himalaya Day, is observed annually across India on 9
September to highlight the significance of the Himalayan mountain
range and its ecosystem.
·
The
Himalayas span parts of 8 South Asian territories:
Afghanistan, Pakistan, China, India, Nepal, Bhutan, Bangladesh, and Myanmar
(Burma).
·
Indian Himalayan Region (IHR) spreads across 13 Indian
States/Union Territories (UTs), stretching 2,500 kilometers
(km) in length.
15.
WORLD EV DAY 2025 – SEPTEMBER 9
·
World
Electric Vehicle (EV) Day, commonly known as World EV Day,
is observed annually on September 9, is the largest global campaign
promoting electric mobility.
·
Theme “The
Better Manifesto”
·
In
2020 by Ade Thomas of Green.TV, a media company from United Kingdom (UK), in
partnership with Asea Brown Boveri (ABB), a Switzerland-based global technology
company, founded World EV Day.
·
Karnataka
is the India’s first state to implement EV policy in 2017.