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Current Affairs Today 18th May 2023 Daily GK Update

Daily Current Affairs 18th May 2023 Daily GK Update

Current Affairs quiz 2022, Daily gk updates and Current affairs is playing a major role in any competitive exam. so here we are providing the current affairs quiz on daily basis for Bank, SSC, Railway and Other Government Competitive Examinations.

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National News

Cabinet approves ₹17,000 crore for PLI Scheme 2.0

  • The Union Cabinet has approved the second edition of the production linked incentive (PLI 2.0) scheme for IT hardware with a ₹17,000-crore outlay.
  • This should be weighed in the light of the previous PLI schemes’ outcomes, which did not fully deliver on their promises.
  • The government expects the scheme will result in additional production worth ₹3.35-lakh crore and investments of ₹2,430 crore during its duration. Furthermore, it aims to create employment opportunities for around 75,000 people within the next six years.
  • The government, in February 2021, approved the first edition of the PLI scheme for IT hardware, with an outlay of ₹7,350 crore, but it failed to evince enough interest among investors.
  • The PLI 2.0 scheme comes with a more than double budgetary outlay, a longer tenure of six years (as opposed to four years earlier) and a more attractive incentive package.
  • The incentive under the new scheme will be around 5 per cent and can go up to 8 per cent,” Vaishnaw said. This is significantly more than the 1-4 per cent incentive under the first version.

What is Production Linked Incentive Scheme?

  • PLI is an initiative that provides incentives to domestic industries to promote production at the local level.
  • Under this scheme, the government aims to incentivize companies to increase the sales of manufactured products in domestic units.
  • The objective of the scheme is to make domestic manufacturing globally competitive and to become a global champion in manufacturing.
  • The government has launched this scheme with an outlay of around Rs 2 lakh crore for 14 sectors including Automobiles and Auto Components, White Goods, Pharma, Textiles, Advanced Chemistry Cell and Specialty Steel.
  • Of the ₹2,874.71 crore disbursed under the overall ₹1.97-lakh crore PLI scheme launched in April 2020, as much as ₹1,651 crore has gone to large scale electronics manufacturing, including mobiles, followed by pharmaceuticals at ₹652 crore and food products at ₹486 crore with token amounts going to hardware, bulk drugs, medical devices, telecom products and drones.

UGC launches two websites to enhance quality education in India

  • University Grants Commission (UGC) has launched two UGC websites, UTSAH (Undertaking Transformative Strategies and Actions in Higher Education) and POP (Professor of Practice Portal) portals.
  • As per UGC, the redesigned website of UGC has been launched as part of transformative strategies and actions for higher education.
  • The updated website aims to provide a more user-friendly interface for students, educators, and other stakeholders in the higher education ecosystem.
  • The UGC website will also serve as a one-stop shop for all higher education-related information. It will provide comprehensive information on scholarships, fellowships, grants, and other opportunities available to students, faculty, and researchers.

What is UTSAH portal?

  • The UTSAH portal will serve as a comprehensive platform providing detailed information about UGC’s initiatives for qualitative reforms in higher education.
  • The portal provides a platform for higher education institutions to showcase their achievements, share best practices, and engage in knowledge-sharing with other institutions.
  • It also enables institutions to access various UGC schemes, monitor their progress, and submit reports online.

What is POP portal?

  • The Professor of Practice Portal is an innovative initiative by UGC, aimed at bridging the gap between academia and industry.
  • This portal will serve as a platform for industry professionals to interact with faculty members and students, providing valuable insights and real-world knowledge.
  • The Portal is expected to bring new perspectives and expertise into the academic sphere and help students gain practical knowledge and skills that are relevant to the industry.

Ashwini Vaishnaw launches Sanchar Saathi portal

  • The Union Minister for Communications, Ashwini Vaishnaw has launched the Sanchar Saathi Portal during a function held in New Delhi.
  • This citizen-centric portal aims to empower mobile phone users by providing essential services, such as tracking and blocking lost mobile phones.
  • The first is the Central Equipment Identity Register (CEIR), a centralized system that allows for the blocking of stolen or lost mobile devices.
  • By leveraging CEIR, users can report their stolen or lost phones, subsequently rendering them inoperable within the Indian telecom network.
  • The second, “Know your mobile connections,” empowers users to identify the mobile connections registered under their names.
  • This feature provides users with transparency and control over their registered connections, enhancing their ability to identify any unauthorized or unnecessary connection.
  • The third system is the implementation of the Artificial Intelligence and Facial Recognition-powered Solution for Telecom SIM Subscriber Verification (ASTR).
  • This advanced solution is designed to detect and prevent fraudulent subscribers, effectively reducing instances of identity theft, forged KYC, and other mobile phone-related frauds.

Ashwini Vaishnaw in News

  • Ashwini Vaishnaw released ‘Go Green, Go Organic’ cover for Sikkim
  • Mansukh Mandaviya and Ashwini Vaishnaw flagged off Jan Aushadhi train as part of the week-long celebrations to commemorate the scheme.
  • Ashwini Vaishnaw inaugurated the ‘SemiconIndia Conference of Electronics Manufacturing Supply Chain Ecosystem in New Delhi
  • Ashwini Vaishnaw inaugurated AMRPTEX 2023 in Maidan, Delhi.
  • Ashwini Vaishnaw launched ‘Digital Payments Utsav’ in New Delhi

Andhra Pradesh launches ‘e-Chits’ app

  • Andhra Pradesh government has introduced an electronic service delivery system, e-Chits’ to regulate and usher in transparency in the sector.
  • The initiative through which transactions can be done only online, will enable the registration department officials to verify subscribers and only then give approval.
  • The app will also ensure that subscribers know which registered companies are operating in the chit fund business.
  • Subscribers can verify whether a chit run by a company is registered with the authorities or not, including enabling them to enquire about the registered chits directly from regulating officials such as the assistant registrar of chits located at each district headquarters.

About Andhra Pradesh

  • Capital – Amaravati
  • Chief Minister – YS Jagan Mohan Reddy
  • Governor – Abdul Nazeer

Jitendra Singh inaugurates 8th All India Pension Adalat in Delhi

  • Union Minister of State for Personnel, Public Grievances, Pensions, Jitendra Singh has inaugurated the 8th All India Pension Adalat in Delhi.
  • Till date 7 All India Pension Adalats have been organized by the Department, in which 24,218 cases have been taken up and 17235 cases have been resolved.
  • The Minister has also presided over the 50th Pre-Retirement Counselling Workshop, conducted by the Department of Pension & Pensioners’ Welfare.
  • In line with the Government’s objectives of transparency, digitization and service delivery, the Bhavishya platform introduced by this department has ensured end-to-end digitization of pension processing and payment.

Recent Inauguration by Jitendra Singh

  • Jitendra Singh launched – YUVA PORTAL in New Delhi
  • Jitendra Singh inaugurated Asia’s largest 4-meter International Liquid Mirror Telescope (ILMT) at Devasthal in Uttarakhand.
  • Jitendra Singh launched a portal for research grants and funds for women scientists by CSIR council under CSIR-ASPIRE.
  • Jitendra Singh inaugurated a two-day Regional Conference in Bhopal, Madhya Pradesh.
  • Jitendra Singh launched “Geospatial Hackathon”

Uttar Pradesh ranked second in country with 48 GI-tags

  • Uttar Pradesh now holds second position in the country in terms of having the maximum number of Geographical Indication-tagged goods after receiving GI tags for three more ODOP crafts.
  • The ODOP crafts that have received GI tags include Mainpuri tarkashi, Mahoba Gaura stone craft, and Sambhal horn craft.
  • While Tamil Nadu leads with 55 GI-tagged goods, UP and Karnataka follow with 48 and 46 GI products, respectively.
  • However, UP is first in terms of GI-tagged handicrafts with 36 crafts to its credit.
  • In Varanasi region alone, 18 GI-tagged goods out of 23 belong to the handicraft category.
  • Tarkashi is a technique of inlaying brass, copper or silver wires in wood. It is a unique and artistic product of Mainpuri district. It is used for decorating jewellery boxes, name plaques and other similar items.
  • The Sambhal horn craft gets its raw material from the horns of dead animals that makes this industry environment friendly. Sambhal’s horn and bone products are known all over the world. Sambhal offers a wide range of decorative horn-bone handicrafts that are available in different attractive looks, designs and patterns.
  • Mahoba is known nationwide for its exquisite Gaura stone craft. Gaura stone craft is made of radiant white-colored stone that is predominantly found in this region.
  • Gaura stone has a soft texture. It is cut into several pieces which are then used for making various craft items that are used for ornamental purposes

PM inaugurates International Museum Expo 2023

  • Prime Minister Narendra Modi has inaugurated the International Museum Expo 2023 at Pragati Maidan in New Delhi.
  • The International Museum Expo is being organized as part of Azadi ka Amrit Mahotsav to celebrate the 47th International Museum Day.
  • The theme for this year is ‘Museums, Sustainability and Well Being’.
  • The Museum is a comprehensive effort to highlight and showcase historical events, personalities, ideas and achievements related to India’s past that have contributed to the making of India’s present.
  • PM also unveiled the Mascot of the International Museum Expo, the Graphic Novel – A Day at the Museum, the Directory of Indian Museums, the Pocket Map of Kartavya Path, and Museum Cards.
  • The Mascot of the International Museum Expo is a contemporized version of the Dancing Girl made of wood in the Chennapatnam art style.

PM Modi in News

  • PM Modi addresses 29th Biennial Conference of All India Primary Teachers’ Federation in Gandhinagar
  • PM Modi lays foundation stone worth INR 4,400 crores in Gujarat
  • PM Modi lay foundation stone of scientific projects worth over Rs 5,800 cr in New Delhi
  • PM Modi inaugurates projects worth over 5500 crore in Rajasthan
  • PM Modi launched 91 FM Transmitters of capacity of 100 Watt at Diphu in Karbi Anglong district of Assam.

India & Bangladesh launch ’50 Start-ups Exchange Programme’

  • India and Bangladesh have recently jointly launched the ’50 Start-up Exchange Programme’ to promote collaboration and exchange between the start-up ecosystems of the two countries.
  • The objective of the program is to strengthen bilateral relations between India and Bangladesh by promoting cooperation in start-up and innovation sectors.
  • It provides a platform for entrepreneurs, investors and stakeholders from both countries to connect and collaborate
  • These Startups belong to sectors such as e-commerce, health, transport and logistics, energy, education, and skill development.
  • Under this programme, 50 Start-ups from Bangladesh and 50 Startups from India will exchange visits to each other’s countries to explore partnerships, expand business relations, share experience and knowledge, and expand youth and entrepreneurial cooperation.
  • The framework of the programme was decided by the Prime Ministers of the two countries during their recent bilateral summits.

About Bangladesh

  • Capital– Dhaka
  • Currency – Taka
  • President – Mohammed Shahabuddin Chuppu
  • Prime Minister – Sheikh Hasina

Appointment and Resignation

Anil Kumar Jain appoints as new chairman of PNGRB

  • Anil Kumar Jain has been appointed as the new Chairman of the Petroleum & Natural Gas Regulatory Board (PNGRB).
  • He has been appointed for five years (from the date assumption of charge) or attaining 65 years, or until further orders, whichever is the earliest.
  • Bihar-born, 1986-batch Indian Administrative Service (IAS) officer from the Madhya Pradesh cadre will fill a position that has been lying vacant since Dinesh Kumar Sarraf retired on December 4, 2020.
  • PNGRB was constituted under The Petroleum and Natural Gas Regulatory Board Act, 2006.

Recent Appointment

  • Chairman of UPSC – Manoj Soni
  • Chairperson of Competition Commission of India (CCI) – Ravneet Kaur (replace Ashok Kr. Gupta)
  • CFO of Vedanta Limited – Sonal Srivastava
  • Director Central Bureau of Investigation (CBI) – Praveen Sood (replace Subodh Jaiswal)
  • Interim CEO & MD of Investment and Infrastructure Fund (NIIF) – Rajiv Dhar

Bhavesh Gupta appoints as President and COO of Paytm

  • One97 Communications Ltd, the parent company of Paytm, has appointed Bhavesh Gupta as the President and Chief Operating Officer (COO) of the fintech company.
  • He will oversee various verticals within Paytm including credit, insurance, online and offline payments and consumer payments.
  • Prior to joining Paytm in 2020, Gupta held multiple leadership roles including CEO of Clix Capital (formerly known as GE Capital), and Head of SME and Business Banking at IDFC Bank.
  • He was also associated with ICICI bank in various roles.

About PAYTM

  • Founded – August 2010
  • Headquarters – Noida, Uttar Pradesh
  • Owner – One97 Communications Ltd.
  • Founder(s) – Vijay Shekhar Sharma

Recent Appointment in Banking & Insurance Sector

  • MD & CEO of Bank of Baroda (BoB) – Debadatta Chand
  • MD & CEO of Bank of India (BoI) – Rajneesh K
  • Chairman of LIC – Siddhartha Mohanty
  • CEO of Association of Asset Reconstruction Companies – Hari Hara Mishra
  • MD and CEO of City Union Bank – N Kamakodi (reappointment)

Defence

Indian Army conducts Flood Relief Exercise Jal Rahat in Assam

  • Gajraj Corps of the Indian Army conducted a Joint Flood Relief ‘Exercise Jal Rahat’ at Hagrama Bridge on Manas River, Assam.
  • Objective – To validate joint drills and coordinate preparedness by multi-agency flood relief columns.
  • Apart from Indian Army- SSB, National Disaster Response Force (NDRF), State Disaster Response Force (SDRF), District Disaster Management Authority (DDMA), and police representatives took part.
  • The event included coordination and rehearsals for rescue missions of people from inundated areas by joint efforts of specialist teams from Army, NDRF, and SDRF.
  • Notably, the Indian Army has been at the forefront during flood relief operations over the years has evacuated thousands of lives.

Recent Exercise

  • 4th Samudra Shakti-23 exercise between India & Indonesia – Batam, Indonesia
  • 1st Maritime Exercise between India & ASEAN – Changi Naval Base (Singapore) & South China Sea.
  • 7th Ajeya Warrior 2023 between India & UK – Salisbury Plains, UK
  • “Locked Shields” cyber-defense exercise 2023 organized by NATO in Tallinn, Estonia
  • Ex INIOCHOS-23 between Indian Air Force & Hellenic Air Force (Greece) – Andravida Air Base, Greece

Important day

17 May – World Hypertension Day

  • World Hypertension Day is observed every year on May 17.
  • Objective – To raise awareness about hypertension or high blood pressure, its consequences, and preventive measures.
  • Theme 2023 – Measure Your Blood Pressure Accurately, Control It, Live Longer
  • WHL established World Hypertension Day and marked it for the first time on May 14, 2005. “Know Your Numbers!” was the theme the league chose for the first event.
  • The date was changed from May 14 to May 17 from 2006 onwards. The WHL provides information regarding prevention of hypertension, its detection and treatment.
  • According to the WHO, hypertension affects around one billion people worldwide, with complications resulting in over 7.5 million deaths annually.

What is Hypertension?

  • Hypertension is a condition where the pressure of blood against the artery walls in the body is more than normal levels.
  • This further causes high blood pressure, which may impact arteries and lead to heart disease or stroke in the long run.

 

 

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