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Daily Current Affairs 6th May 2024 Daily GK Update
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National News
REC gets RBI nod to set up subsidiary in GIFT City
- State-owned REC Ltd, under the Ministry of Power and a leading NBFC, has received a ‘No Objection Certificate’ (NOC) from the Reserve Bank of India (RBI) for setting up a subsidiary in Gujarat International Finance Tech-City (GIFT) in Gandhinagar, Gujarat.
- The proposed subsidiary will engage in a range of financial activities as a finance company within GIFT, including lending, investment, and other financial services.
- The GIFT City platform offers a conducive environment for international lending activities coupled with world-class infrastructure.
About Gujarat
- Capital- Gandhinagar
- Chief Minister- Bhupendra Rajnikant Patel
- Governor- Acharya Devvrat
India, Ghana reach agreement on UPI
- India and Ghana are working to link their payment systems – Unified Payments Interface (UPI) and Ghana Interbank Payment and Settlement Systems (GHIPSS) respectively to permit users to make instant, low-cost fund transfers on a reciprocal basis.
- The two countries have also delved into discussions regarding the possibilities of a Memorandum of Understanding on Digital transformation Solutions; Local Currency Settlement System and the opportunities offered by African Continental Free Trade Agreement (AfCFTA).
- India’s UPI has already reached countries including Singapore and the UAE.
About Ghana
- Capital- Accra
- Currency- Ghanaian Cedi
- President -Nana Akufo-Addo
- Official language- English
Auto Expo set to move back to New Delhi in 2025
- The Auto Expo is set to return to the national capital in 2025, after a decade.
- India’s flagship biennial motor show will be organized next year under the Bharat Mobility umbrella in New Delhi’s Pragati Maidan, 10 years after the exhibition was moved to Greater Noida, Uttar Pradesh, in 2014.
- Under the Bharat Mobility umbrella, automotive industry body Society of Indian Automobile Manufacturers (SIAM) will organize the customer-focused motor show.
- It is typically a ticketed event attracting retail footfall at Bharat Mandapam in Pragati Maidan, while the global components expo will be organized by Automotive Component Manufacturers Association (ACMA) at Yashobhoomi in Dwarka.
Bajaj Auto to launch world’s first CNG-powered bike in June
- Bajaj Auto will launch the world’s first compressed natural gas (CNG) motorcycle on June 2024.
- This move marks a significant shift in the industry, providing customers with a cost-effective and eco-friendly alternative to traditional petrol motorcycles.
- With the new CNG-powered bikes, customers can expect a significant reduction in operational costs, making it an attractive proposition in today’s market.
- Bajaj Auto plans to initiate production with an initial capacity of 20,000 CNG motorcycles, a cautious step considering the varied response the initiative has garnered thus far.
- The CNG-powered bike is to be named Bruzer 125 CNG.
About Bajaj Auto
- Founded – 29 November 1945
- Founder – Jamnalal Bajaj
- Headquarters – Pune, Maharashtra
- Bajaj Managing Director – Rajiv Bajaj
Appointment
Sanjeev Nautiyal appointed as MD & CEO of Ujjivan SFB
- Reserve bank of India (RBI) has approved the appointment of Sanjeev Nautiyal as the managing director (MD) & chief executive officer (CEO) of Ujjivan Small Finance Bank for the period of 3 years with effect from 1 July 2024.
- He will replace Ittira Davis.
- Currently, he is the independent director of the Life Insurance Corporation of India (LIC), in addition to acting as an advisor to various organisations.
- Ujjivan Small Finance Bank Sanjeev Nautiyal holds a Bachelors degree in Arts and a Masters degree in Business Administration. He is also a Certified Associate of the Indian Institute of Bankers.
- He is a banker with over three decades of extensive strategic domain expertise in retail, SME, financial inclusion, operations, HR, international banking, and treasury.
About Ujjivan Small Finance Bank
- Founded- 1 February 2017
- Headquarters- Bangalore, Karnataka
- MD & CEO – Ittira Davis
Recent Appointment in Banking & Insurance Sector
- Executive Director of Ujjivan SFB – Carol Furtado (3 years)
- Chairman of HDFC Bank – Atanu Chakraborty (reappointment for 3 years)
- MD & CEO of Jio Financial Services – Hitesh Sethia
- MD & CEO Axis Bank – Amitabh Chaudhry (reappointment for 3 years)
- Independent Directors of Axis bank – Meena Ganesh and Gopalaraman Padmanabhan (reappointment for 4 years)
UNICEF India appoints Kareena Kapoor Khan as National Ambassador
- UNICEF India has appointed Bollywood star Kareena Kapoor Khan as its new National Ambassador.
- The “Crew” star, who has been associated with UNICEF India since 2014, will support the not-for-profit organisation in furthering every child’s right to early childhood development, health, education and gender equality.
- Besides Kareena, UNICEF India has also appointed its first-ever Youth Advocates, who are peer leaders and champions on issues like climate action, mental health, innovations and Girls in STEM (science, technology, engineering and mathematics).
- The four advocates are Gauranshi Sharma from Madhya Pradesh on right to play and disability inclusion; Kartik Verma from Uttar Pradesh on climate action and child rights advocacy; singer Nahid Afrin from Assam on mental health and early childhood development; and Vinisha Umashankar from Tamil Nadu is a budding innovator and STEM pioneer.
Recent Brand Ambassador
- Sana Mir – ICC Women’s T20 World Cup Qualifier
- Yuvraj Singh – ICC Men’s T20 World Cup 2024
- Usain Bolt – ICC Men’s T20 World Cup 2024
- Chris Gayle – ICC Men’s T20 World Cup 2024
- MS Dhoni – French carmaker Citroen
- Sanjana Sanghi – SPACE India
Awards
Palestinian journalists awarded 2024 Guillermo Cano World Press Prize
- UNESCO awarded its World Press Freedom Prize to all Palestinian journalists covering the war in Gaza.
- The Award Ceremony occurred in the margins of the World Press Freedom Conference in Santiago, Chile.
- Mauricio Weibel, Chair of the International Jury, highlights the immense debt owed to these journalists for their courage and dedication to freedom of expression.
About the Guillermo Cano World Press Freedom Prize
- Created in 1997, the annual UNESCO/Guillermo Cano World Press Freedom Prize honours an outstanding contribution to the defence and/or promotion of press freedom anywhere in the world, especially when this has been achieved in the face of danger.
- It is the only such prize awarded to journalists within the UN System.
- It is named for Guillermo Cano Isaza, the Colombian journalist who was assassinated in front of the offices of his newspaper El Espectador in Bogotá, Colombia, on 17 December 1986.
Recent Awards
- Whitley Gold Award (Green Oscar) 2024 – Dr Purnima Devi Barman (Assam)
- Grandmaster title by FIDE – Vaishali Ramesh Babu
- Goldman Environmental Prize 2024 – Alok Shukla
- Honorary Doctorate by Manipal Academy of Higher Education-V. Kamath
- 2024 Cambridge Dedicated Teacher Awards – Gina Justus
- Global media award – India Today Group’s AI news anchor, Sana
Defence
India’s first indigenous bomber UAV unveiled in Bengaluru
- Flying Wedge Defence and Aerospace Technologies launched FWD-200B in Bengaluru, marking India’s entry into indigenous UAV manufacturing.
- The FWD-200B has a payload capacity of 100 kgs and is classified as a MALE Unmanned Combat Aerial Vehicle (medium-altitude, long-endurance).
- The Unmanned Aerial System (UAS) consists of optical surveillance payloads and is integrated with missile-like weapons for precision air strikes.
- It reduces dependency on costly imports of UAVs with a 12-20 hour endurance, 370 kmph speed, and 200 km station range.
- The FWD-200B can carry a maximum takeoff weight of 498 Kgs in addition to this, it holds a ground control station (GCS) range of 200 kms.
Sports
Tejaswin Shankar wins men’s High Jump event at USATF Festival
- India’s Tejaswin Shankar clinched victory in the men’s High Jump event at the USATF Festival in Tucson, Arizona, USA.
- The National record holder Tejaswin cleared 2.23 metres in his first attempt to secure the top spot at the World Athletics Continental Tour – Silver event. With this jump, he equaled his season-best effort.
- Earnie Sears of USA finished second, while Roberto Vilches of Mexico was third. Another Indian athlete, Sarvesh Kushare cleared 2.13m to finish fifth.
China wins both Thomas and Uber Cup Badminton titles
- The Chinese badminton team has won both the men’s Tomas Cup 2024 and the women’s Uber Cup 2024.
- The final of the 2024 BWF Thomas and Uber Cup was played in the Chinese city of Chengdu.
- Thomas and Uber Cup is held every two years and is organised by the world badminton governing body, the Badminton World Federation (BWF).
- For the first time since 2012, Chinese badminton has won both the men’s and women’s titles at the world team championships.
In Thomas Cup
- China defeated Indonesia 4-1 to win the Thomas Cup for the 11th time.
- 16 teams participated in the Thomas Cup, including India.
- However, the Indian team lost to China in the quarterfinals 3-1 to crash out of the championship. India was the defending champion.
- The Indian team won the Thomas Cup held in Bangkok, Thailand, in 2022.
In Uber Cup
- The Chinese women’s team defeated Indonesia 3-0 to win the Uber Cup for the 16th time.
- The Chinese women’s team dominated the event by winning 24 straight games throughout the tournament.
- The Indian women’s team lost in the quarter-finals to Japan 3-0.
McLaren’s Lando Norris win Miami GP
- McLaren’s Lando Norris has won the first Formula One race of his career with a shock victory over world champion Max Verstappen in the Miami Grand Prix.
- Breathing life into an F1 season that risked becoming a one-man story again, Norris, in his 110th race for McLaren, beat Verstappen by more than seven seconds, with Ferrari’s Charles Leclerc finishing third.
Recent 2024 Grand Prix Winner
- Chinese Grand Prix – Red Bull’s Max Verstappen (Netherlands)
- Japanese Grand Prix – Red Bull’s Max Verstappen (Netherlands)
- Australian Grand Prix – Ferrari’s Carlos Saina (Spain)
- Saudi Arabian Grand Prix – Red Bull’s Max Verstappen (Netherlands)
- Bahrain Grand Prix 2- Red Bull’s Max Verstappen (Netherlands)
Iga Switek, Andrey Rublev wins the Madrid Open Tennis Singles Title
- World no.1 women’s tennis players Iga Swiatek and Andrey Rublev won the women’s and men’s singles titles at the 2024 Madrid Open, respectively.
- This was the first Madrid Open title for Iga Swiatek of Poland, while it was the second Madrid Open title for Andrey Rublev.
- The Madrid Open Tennis was held in the Spanish capital city of Madrid from 22 April to 5 May 2024.
- Iga Swiatek defeated Aryna Sabalenka of Belarus 7-5, 4-6, 7-6 (9/7) to win her first Madrid Open title. Last year, she lost in the final to Aryna Sabalenka.
- Andrey Rublev of Russia won the singles title of the ATP Madrid Open Masters 1000, beating Felix Auger-Aliassime of Canada 4-6, 7-5, 7-5, to win his second ATP Masters title.
Women’s Doubles Title
- Winner – Sara Sorribes (Spain) and Cristina Bucsa (Spain)
- Runner Up – Barbora Krejcikova (Czech Republic) and Laura Siegemund (Germany)
Men’s Doubles Title
- Winner – Jordan Thompson (Australia) and Sebastian Korda (United States)
- Runner Up – Adam Pavlesak (Czech Republic) and Ariel Behra (Uruguay)
Important day
5 May – International Day of the Midwife
- International Day of the Midwife is observed every year on 5 May.
- Objective – It is an opportunity for healthcare staff to reflect on the dedication.
- Theme 2024 – Midwives: A Vital Climate Solution
- The International Day of the Midwife was established in 1992 by the International Confederation of Midwives to celebrate and raise awareness about the midwifery profession.
6 May – International No Diet Day
- International No Diet Day is observed every year on 6 May.
- Objective – To spread awareness on issues like weight discrimination and fatphobia, and educate the masses on unhealthy dieting practice.
- Theme 2024 – Embrace Yourself: Reject Diet Culture, Love You
- In 1992, Mary Evans began International No Diet Day fully intent on showing individuals the significance of body energy, appreciating their own bodies and, furthermore, going home for the day from their diet routine and taking part in a feast that they love.
5 May 2024 – World Laughter Day
- World Laughter Day is celebrated on the first Sunday of May every yea This year, it is on May 5.
- The primary objective of World Laughter Day is to promote world peace and global consciousness through laughter.
- World Laughter Day originated from the Laughter Yoga movement, founded by Dr. Madan Kataria, a physician from India, in 1998.
- Dr Kataria recognised the therapeutic benefits of laughter and initiated laughter yoga sessions in a Mumbai park with just five participants. Since then, the movement has grown exponentially, spreading to over 100 countries.
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