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Daily Current Affairs 11th January 2024 Daily GK Update
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National News
India To Host UNESCO’s World Heritage Committee In July 2024
- India is set to chair UNESCO’s World Heritage Committee and host its 46th session in New Delhi from July 21 to 31, 2024, marking a historic milestone for our nation.
- Vishal V Sharma, India’s Permanent Representative to UNESCO, announced this decision.
- During its 19th extraordinary session (UNESCO, 2023), the World Heritage Committee resolved to hold its 46th session in India.
- The World Heritage Committee, comprising representatives from 21 member states, gathers annually to recognize global cultural and natural heritage. Their work contributes to the prestigious UNESCO World Heritage Sites list.
About United Nations Educational, Scientific and Cultural Organization (UNESCO)
- UNESCO (United Nations Educational, Scientific and Cultural Organization) is a specialized agency of the United Nations that promotes cooperation among nations through education, science, culture, and communication.
- Formation – 16 November 1945
- Headquarters – Paris, France
- Director General – Audrey Azoulay (France)
- Member countries – 193
Ujjain Unveils India’s First Hygienic Food Street ‘Prasadam’
- Union Health Minister Dr Mansukh Mandaviya has inaugurated ‘Prasadam,’ the nation’s first healthy and hygienic food street, in a grand ceremony at Neelkanth Van, Mahakal Lok, Ujjain, Madhya Pradesh.
- The ‘PRASADAM’ initiative aims to connect common citizens across the nation with pure and safe local and traditional food.
- This effort will align people, both residents and tourists, to adopt safe and healthy eating habits.
- Spanning an impressive 939 square meters, “Prasadam” stands as a symbol of holistic development. The food street comprises 17 shops, each offering a unique culinary experience.
About Madhya Pradesh
- Capital – Bhopal
- Chief Minister – Dr Mohan Yadav (replace Shivraj Singh Chauhan)
- Deputy CM – Jagdish Devda & Rajendra Shukla
- Speaker of Madhya Pradesh Assembly – Narendra Singh Tomar
- Governor – Mangubhai C. Patel
Wings India To Be Held At Hyderabad’s Begumpet Airport
- Hyderabad’s Begumpet Airport will host the aviation extravaganza, Wings India 2024 from January 18 to 21, marking the country’s most significant civil aviation event.
- It is organized by the Airports Authority of India in collaboration with the Ministry of Civil Aviation, this four-day extravaganza is anticipated to be Asia’s largest congregation.
- This dedicated period aims to offer the public an immersive experience, showcasing the latest technologies and advancements within the aviation industry.
Piyush Goyal Inaugurates Indus Food 2024 in Greater Noida
- Commerce and Industry Minister Piyush Goyal has inaugurated a mega food show in Greater Noida, which aims to promote global trade from the sector.
- The ‘Indusfood 2024’ show is organized annually by the Trade Promotion Council of India (TPCI) with the support of the Department of Commerce.
- The food exports from India holds an immense potential and this this fiscal, the country’s agri exports will be more than last year’s level of USD 53 billion despite restrictions imposed on shipments of certain key commodities.
- The show is the “largest” food and beverages show in South Asia. Over 1,200 exhibitors, 7,500 global buyers are participating in the three-day exhibition.
- Exhibitors from over 15 countries, including EU, China, Russia, UAE, Canada, Hong Kong, Bangladesh, Nepal, UK, Turkiye, are also showcasing their products.
International News
2023 Recorded Hottest Year Ever As Earth Nears Critical 1.5C Limit
- Last year was the planet’s hottest on record by a substantial margin and likely the world’s warmest in the last 100,000 years, according to the European Union’s Copernicus Climate Change Service (C3S).
- Scientists had widely expected the milestone after climate records were repeatedly broken. Since June, every month has been the world’s hottest on record compared with the corresponding month in previous years.
- C3S confirmed 2023 as the hottest year in global temperature records going back to 1850. When checked against paleoclimatic data records from sources such as tree rings and air bubbles in glaciers, Buontempo said it was “very likely” the warmest year in the last 100,000 years.
- On average, in 2023 the planet was 1.48 degrees Celsius warmer than in the 1850-1900 pre-industrial period, when humans began burning fossil fuels on an industrial scale, pumping carbon dioxide into the atmosphere.
- Countries agreed in the 2015 Paris Agreement to try to prevent global warming surpassing 1.5C (2.7 degrees Fahrenheit), to avoid its most severe consequences.
- It was also the first year in which every day was more than 1C hotter than pre-industrial times. For the first time, two days – both of them in November – were 2C warmer than in the pre-industrial period.
Banking And Financial
Indusind Bank Introduces The ‘Samman Rupay Credit Card’
- IndusInd Bank has introduced the “IndusInd Bank Samman RuPay Credit Card“, equipped with UPI functionality, in partnership with the National Payments Corporation of India (NPCI).
- Tailored for government sector employees, the card is designed to offer a variety of exclusive perks, aiming to elevate their banking experience.
- Combining the advantages of a conventional credit card with the advanced functionalities of UPI, the IndusInd Bank Samman RuPay Credit Card presents a seamless financial instrument.
- This card comes with a myriad of benefits, such as cashback on various expenses, complimentary movie tickets, zero fees on cash advances, and exemptions from surcharges on IRCTC transactions and fuel purchases.
- These features are crafted not just to offer financial incentives but also to streamline and enhance the everyday transactional journey for government employees.
Recent Facilities Launched in Banking & Insurance Sector
- Canara Bank to launch Data Analytics center in Bengaluru from 1 April
- Bank of India introduced Super Special Fixed Deposit with intrest rate of 7.50% per annum
- IndusInd Bank has launched the ‘IndusInd Bank eSvarna’, India’s first Corporate Credit Card on RuPay network.
- Kotak Mahindra Life Insurance launched U.L.I.P (Term with Unit Linked Insurance Plan) Product
- RBL Bank Introduces Electronic Bank Guarantee on NeSL Platform
World Bank Keeps India’s FY25 GDP Growth Estimate Unchanged At 6.4%
- The World Bank kept its FY25 economic growth projection for India unchanged at 6.4 percent, mainly on account of strong domestic demand, rising public infrastructure spending and strong private-sector credit growth.
- However, it projected that the private consumption growth might taper off due to high food inflation and diminishing pent-up demand.
- In its biannual ‘Global Economic Prospects’ report, the World Bank said India was likely to maintain the fastest growth rate among the world’s largest economies, but its post-pandemic recovery was expected to slow, with estimated growth of 6.3 percent in FY24, before recovering gradually to 6.5 percent in FY26.
- The Washington-based organisation forecast that the world economy will expand 2.4 percent this year. That would be down from 2.6 percent growth in 2023, 3 percent in 2022 and 6.2 percent in 2021, which reflected the robust recovery from the pandemic recession of 2020.
Updated GDP List
- India Ratings – 6.7% (FY24)
- Goldman Sachs – 6.2% (FY24)
- Fitch Rating – 6.9% (FY24), 6.5% (FY25)
- IMF – 6.3% (FY24), 6.3% (FY25)
- ICRA –6.5% (FY24)
- Kotak Mahindra Bank – 6.8% (FY24)
- Citigroup – 6.7%
- DBS – 6.8%
- ADB –6.7% (FY24), 6.7% (FY25)
- Morgan Stanley – 6.9%(FY24)
- RBI –7% (FY24)
- Nomura – 6.7% (FY24)
Appointment
Samir Kumar Sinha Takes Over As DG (Acquisition) In Defence Ministry
- Senior IAS officer Samir Kumar Sinha has been appointed as Additional Secretary and Director General (Acquisition) in the Defence Ministry.
- Sinha, a 1994-batch Indian Administrative Service (IAS) officer, is currently working in his Assam-Meghalaya cadre.
- Bharat Harbanslal Khera, a 1995-batch IAS officer of the Himachal Pradesh cadre, has been appointed as Additional Secretary in the Ministry of Consumer Affairs, Food and Public Distribution.
- Chandra Bhushan Kumar will be Additional Secretary as well as Mission Director for the Department of Drinking Water and Sanitation’s Jal Jeevan Mission.
- Puja Singh Mandol, currently Joint Director General in the Directorate General of Civil Aviation, has been appointed as Additional Secretary in the Ministry of Statistics and Programme Implementation.
- Sanjeev Kumar Jindal, at present a Joint Secretary in the Home Ministry, will now be Additional Secretary.
- Asit Gopal, Commissioner of Eklavya Model Residential School of the National Educational Society for Tribal Students under the Ministry of Tribal Affairs, has been named as Additional Secretary and Financial Advisor in the Ministry of Textiles.
- Senior bureaucrat Tripti Gurha will be Additional Secretary in the Ministry of Women and Child Development.
Recent Appointment
- Member of (TRACTION & ROLLING STOCK) in Railways Board – Satish Kumar
- Post of Member (Operations & Business Development), Railway Board – Seema Kumar
- Secretary of Railway Board – Aruna Nayar
- MD of NIVEA India – Geetika Mehta
- First woman DGP of Maharashtra – Rashmi Shukla (replace Rajnish Seth)
Science
LG Unveils World’s 1st Wireless Transparent OLED TV
- LG Electronics has unveiled the world’s first wireless transparent TV.
- Called LG Signature OLED T, the TV has a glass for a display that looks as if it disappears when turned off.
- The TV combines transparent OLED technology with wireless AV transmission and reception for viewers to “see beyond the screen and eliminating the need for visible wires around the screen”
- The TV has a self-lit pixel technology that enables it to maintain the picture quality and it has a 4K resolution.
- LG Signature OLED T offers two distinctive screen modes: transparent and black. In transparent mode, those watching the TV can watch content overlapping with what’s behind it. If you want to watch the TV in the traditional style, you can click on the remote control to switch the screen to black.
- OLED (Organic Light Emitting Diodes) is a flat light emitting technology, made by placing a series of organic thin films between two conductors. When electrical current is applied, a bright light is emitted. OLEDs are emissive displays that do not require a backlight and so are thinner and more efficient than LCD displays (which do require a white backlight).
- LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea.
Defence
DRDO Launches ‘Ugram’ Assault Rifle For Armed Forces
- The Defence Research and Development Organisation (DRDO) has launched Ugram, a state-of-the-art assault rifle of the 7.62 x 51 mm calibre.
- It has been indigenously designed, developed and manufactured in collaboration with a private industry partner.
- The assault rifle has been designed for the operational requirements of armed forces, paramilitary and state police entities.
- The first operational prototype of the rifle, which has been named Ugram, which means ferocious, was unveiled at the hands of Dr Shailendra V Gade, Director General, Armament and Combat Engineering Systems of the DRDO in Pune.
- The rifle has an effective range of 500 metres and weighs less than four kilograms and has been developed by DRDO’s Pune-based facility Armament Research and Development Establishments (ARDE) in collaboration with Hyderabad-based Dvipa Armour India Private Limited.
About Defence Research and Development Organization (DRDO)
- Founded – 1 January 1958
- Headquarters – New Delhi
- Motto – “Strength’s Origin is in Knowledge”
- Chairman – Samir V Kamat
Sports
Zverev-Led Germany Beat Swiatek’s Poland To Win United Cup
- Germany defeated Poland 2-1 in a gripping United Cup final in Sydney. Alexander Zverev emerged as the hero for Germany, as his performance saved two championship points against Poland’s Hubert Hurkacz.
- Zverev and Laura Siegemund defeated Hurkacz and Iga Swiatek 6-4, 5-7, 10-4 in a crucial mixed-doubles match at the Ken Rosewall Arena, guiding Germany to the United Cup title.
- Germany had a relatively poor group stage and just about qualified for the knockouts, but Zverev and Siegemund formed a formidable pair to rescue their side by winning three deciders in as many days to lead their team to the title.
FIH and Viacom18 Ink Four-Year Media Rights Deal
- The International Hockey Federation (FIH) has signed a major media rights agreement with Viacom18.
- This agreement runs for a four-year cycle (2023-2027) and includes all FIH events, except the FIH Nations Cup.
- As part of the partnership, Viacom18 will broadcast and stream the upcoming FIH Hockey Olympic Qualifiers, the first ever FIH Hockey5s World Cup, the FIH Hockey Pro League, and the 2026 FIH Hockey World Cup on Sports18 and JioCinema, respectively.
Important day
DPIIT Organizes Startup India Innovation Week 2024
- The Department for Promotion of Industry and Internal Trade (DPIIT) is organizing the Startup India Innovation Week 2024 from 10 January to 18 January.
- This week-long initiative seeks to unite startups, entrepreneurs, investors, policymakers, and stakeholders to celebrate and advance the Indian Startup Ecosystem, culminating in the National Startup Day on January 16th, 2024.
- The Startup India initiative was launched by the Prime Minister Narendra Modi on 16th January 2016 to build a strong ecosystem for nurturing innovation, boosting startups, and encouraging investments in the startup ecosystem of the country.
- The Indian startup ecosystem has grown from strength to strength over the years. It said, the number of recognised startups has increased to over one lakh 17 lakh thousand from about four hundred startups in 2016.
Obituary
Music Maestro Ustad Rashid Khan Dies
- Hindustani classical singer and music maestro Ustad Rashid Khan passed away in Kolkata at the age of 55.
- Born in Badayun, Uttar Pradesh, Rashid Khan received his initial training from his maternal grand-uncle, Ustad Nissar Hussain Khan (1909–1993). He gave his first concert at age eleven.
- In April 1980, when Nissar Hussain Khan moved to Kolkata, Rashid Khan came to the city with his grandfather. Rashid Khan also joined the ITC Sangeet Research Academy at the age of 14.
- The vocalist won several awards including Padma Shri and the Sangeet Natak Akademi Award in 2006. In 2022, he was honoured with the Padma Bhushan, the third-highest civilian award of the country.
- The West Bengal government also honoured Ustad Rashid Khan with Banga Bibhushan and Sangeet Mahasamman.
Football Player Franz Beckenbauer Passed Away
- Football player Franz Beckenbauer has died at the age of 78 in Germany.
- Known in football-obsessed Germany as “the Kaiser” meaning “the Emperor”, Beckenbauer played a central role in some of the country’s greatest sporting achievements.
- He collected 103 caps for West Germany, winning the 1972 European championship and then the World Cup on home soil.
- Franz Beckenbauer’s Bayern Munich team was the best club side in the world during the mid-1970s.
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