Latest Current Affairs Daily Update

23rd & 24th Jan 2021 Current Affairs in English

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Important Days

Nation Celebrated Parakram diwas

Netaji Subhas Chandra Bose’s, 125th birth anniversary on 23 January 2021 is observed as Parakram Diwas. The day is celebrated to honour and remember Netaji’s indomitable spirit and selfless service to the nation.

Netaji’ was born on January 23, 1897, in Cuttack in Odisha. He graduated from Kolkata and proved his mettle by becoming an Indian Civil Services (ICS) officer. But he left the comfort and amenities that came with his job and decided to be part of the freedom struggle.

With the slogan “Give me blood and I will give you freedom”, he awakened the country towards fighting against the British.

Netaji built a force known as the Azad Hind Fauj (Indian National Army) giving the slogan of “Dilli Chalo”. Thousands of soldiers of his 60,000-strong army sacrificed their lives for the country.


National Headlines

 India’s longest Road Arch Bridge inaugurated in Meghalaya

Meghalaya Chief Minister, Conrad K. Sangma has inaugurated India’s longest road arch bridge “Wahrew Bridge” at Sohbar in East Khasi Hills district of Meghalaya on 22 January 2021.

The project was sanctioned in 2013 and, the work started in 2014. The construction of the bridge was completed in December 2018.

The arch bridge has been constructed at an estimated cost of Rs 49.395 crore under the Non-Lapsable Central Pool of Resources (NLCPR) of the Ministry of Development of North East Region (DoNER). The iconic structure is expected to boost the tourism sector in the State.

Useful notes for all competitive exams:

  • Meghalaya Capital: Shillong.
  • Meghalaya Governor: Satya Pal Malik.
  • Meghalaya Chief minister: Conrad Sangma.

Cabinet approves Rs 5,282-cr investment for 850 MW Ratle project on Chenab river

The Union Cabinet has approved 850 megawatts (MW) Ratle hydropower project worth an Rs. 5281.94 crore on Chenab river in Kishtwar district of Jammu and Kashmir. The project is being implemented under the Centre’s plan to expedite strategically important hydropower projects in the union territory post its reorganization.

The project will be developed by a new joint venture company between state-run National Hydroelectric Power Corporation (NHPC) Ltd and Jammu & Kashmir State Power Development Corporation Ltd (JKSPDC), where NHPC will have a 51% stake in the JV firm, while the balance will be held by JKSPDC.

 Amit Shah inaugurates new 4-lane Thaltej-Shilaj-Rancharda railway overbridge

Union Home Minister Shri Amit Shah has inaugurated the new 4-lane Thaltej-Shilaj-Rancharda railway overbridge in Ahmedabad city of Gujarat through video conferencing. The new overbridge has been built at a cost of Rs 55 crore.

There was a big problem of traffic on more than one lakh railway crossings in the country. Railway gates would open and close more than 100 times a day, due to which the costly fuel and precious time was wasted.

In view of this, Prime Minister Shri Narendra Modi decided and under the leadership of Railway Minister Shri Piyush Goyal, a huge campaign was started in which the work of constructing overbridges or underbridges at these one lakh railway crossings was started. Today, this overbridge has been inaugurated under the same scheme.

Odisha state famous “Toshali National Crafts Mela” begins

Odisha Chief Minister Naveen Patnaik has inaugurated the annual Toshali National Crafts Mela in Bhubaneswar.

The Crafts Mela was inaugurated virtually. The Toshali Crafts Mela has become one of the most popular handlooms and handicrafts fairs in Eastern India.

Three artisans were also presented with the State Handicrafts Award-2019 in the event. Three winners are- Dilip Kumar Swain (palm leaf engraving), Divyajyoti Behera (stone sculpting), and Priyanka Patra (terracotta).

A total number of 250 stalls have been set up at the Janata Maidan venue displaying the best handloom and handicrafts from across the country. Out of the total, 170 stalls represent Odisha textiles and crafts and 80 stalls are of other states.

Useful notes for all competitive exams:

  • Chief Minister of Odisha: Naveen Patnaik.
  • Odisha Capital: Bhubaneswar.
  • Odisha Governor: Ganeshi Lal.

Uttarakhand CM to inaugurate first child-friendly police station

Uttarakhand Chief Minister, Trivendra Singh Rawat will inaugurate the first child-friendly police station of Uttarakhand, which is meant to provide a friendly environment to children associated with crimes.

The child-friendly police unit has been set up in the Dalanwala police station with a budget of about Rs 5 lakhs on the recommendation of the Child Protection Committee of Uttarakhand.

According to the chairperson of State Commission for Protection of Child Rights (SCPCR) Usha Negi, the children who are either victims or need proper counselling or visit police station due to other reasons should be provided with a comfortable and unintimidating environment rather than keeping them in a dull and scary atmosphere.

To keep children at ease, the walls are painted in bright colours and cartoons and the police personnel will also be dressed in casual clothes rather than their uniforms.

Useful notes for all competitive exams:

  • Uttarakhand Chief Minister: Trivendra Singh Rawat.
  • Governor of Uttarakhand: Baby Rani Maurya.

Karnataka CM Yediyurappa launches Avalokana software

The Karnataka Chief Minister, BS Yediyurappa recently launched Avalokana software. The software will enable the state government to access data on expenditures and sanctions incurred on 1,800 programmes.

The software provides a focused eye view on Sustainable Development goals, Scheduled Caste Sub-Plan, Tribal Sub-plan and Centrally Sponsored Schemes.

It is a transparent e-governance tool that will provide Assembly constituency-wise release of government grants and allocations to different government programmes.

This will help the government to decide on releasing funds based on the expenditure incurred by the department. It will eventually increase the government hold over resources. The software provides a focused view on scheduled caste sub-plan, sustainable development goals and tribal sub-plan and centrally sponsored scheme.

Useful notes for all competitive exams:

  • Chief Minister of Karnataka: B.S. Yediyurappa; Governor: Vajubhai Vala.

Banking News

RBI slaps penalty of Rs 2 crore on Standard Chartered Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2 crore on Standard Chartered Bank–India for delays in reporting of frauds.

The penalty has been imposed on the bank for non-compliance with certain directions issued by it contained in the “Reserve Bank of India (Frauds – Classification and Reporting by commercial banks and select FIs) Directions 2016″

The notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for such non-compliance with the directions.

After considering the bank’s reply to the notice and oral submissions made in the personal hearing, the RBI concluded that the charge of non-compliance with the aforesaid RBI directions was substantiated and warranted imposition of monetary penalty.

Useful notes for all competitive exams:

  • Standard Chartered Bank CEO: Bill Winters.
  • Standard Chartered Bank Headquarters: London, United Kingdom.
  • Standard Chartered Bank Founded: 1969.

SBI, ICICI Bank, HDFC Bank remain as (D-SIBs)

The RBI state-owned SBI, along with private-sector lenders ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks (D-SIBs) or institutions which are ‘too big to fail’.

SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2018 list of D-SIBs.

SIBs are subjected to higher levels of supervision so as to prevent disruption in financial services in the event of any failure. The Reserve Bank had issued the framework for dealing with D-SIBs in July 2014.

The D-SIB framework requires the central to disclose the names of banks designated as D-SIBs starting from 2015 and place these lenders in appropriate buckets depending upon their Systemic Importance Scores (SISs).

SIBs are seen as ‘too big to fail (TBTF)’, creating the expectation of government support for them in times of financial distress. These banks also enjoy certain advantages in funding markets.

Useful notes for all competitive exams:

  • Reserve Bank of India (RBI) Headquarters: Mumbai, Maharashtra.
  • Reserve Bank of India Establishment: 1 April 1935.
  • Reserve Bank of IndiaGovernor: Shaktikanta Das.

Axis Bank launches Aura Credit Card with health, wellness benefits

Axis Bank has unveiled a credit “AURA” exclusively loaded with health and wellness benefits for its users at an affordable price.

Axis Bank has partnered with Poshvine to offer benefits and specialists such as Decathlon, Practo, Fitternity, IndushealthPlus, 1MG etc., to offer a complete and unique health & wellness solution to the cardholders.

Cardholders will get a discount on annual medical checkup through IndushealthPlus. It offers up to 4 free online video consultations for a month, with round the clock access to doctors on all 21 specialities. This is offered by The Procto.

It also offers 4 free online interactive fitness sessions for a month by Fitternity. Through this card, the users can have access to 16 recorded training sessions for one month and can choose from a wide range of sessions such as yoga and cross-functional training programs, etc.

Useful notes for all competitive exams:

  • Axis Bank Commenced operations: 1994.
  • Axis Bank Headquarters: Mumbai, Maharashtra.
  • Axis Bank Tagline: Badhti Ka Naam Zindagi Managing.
  • Axis Bank MD and CEO: Amitabh Chaudhry.

Defence News

DRDO Successfully Test Flights indigenously developed “SAAW”

The DRDO successfully conducted captive and release trial of indigenously developed Smart Anti-Airfield Weapon (SAAW) from Hawk-I aircraft of Hindustan Aeronautics Limited (HAL) off the Odisha coast.

This was the 9th successful mission of SAAW conducted by DRDO till now and the first test conducted from the Hawk-i aircraft.

The 125 Kg class smart weapon SAAW was successfully test-fired from Indian Hawk-Mk132 of HAL.

SAAW is indigenously designed and developed by DRDO’s Research Centre Imarat (RCI) Hyderabad.

It is capable of engaging ground enemy airfield assets such as radars, bunkers, taxi tracks, and runways among others, up to a range of 100 km.

Andaman and Nicobar Command to conduct joint military exercise “Kavach”

The Indian Army is to conduct a large scale joint military exercise Kavach in the Andaman Sea and Bay of Bengal. The exercise is to be held under the aegis of Andaman and Nicobar Command.

The Joint Military Exercise Kavach will involve Indian Navy, Indian Army, Indian Air Force and Indian Coast Guard.

During the exercise, the joint forces will execute high-density offensive and defence measures in the Andaman sea and Bay of Bengal. Also, they will carry out amphibious landing operations, helicopter-borne insertion of special forces from sea culminating in tactical follow-on operations on land.

The exercise is to fine-tune the joint war capabilities of all the three forces of India. Kavach Exercise will also involve coordinated air and maritime strikes, synergized application of maritime surveillance assets, air defence and landing operations.

Along with Kavach Exercise, the Joint Intelligence Surveillance Reconnaissance (ISR) Exercise will also be held. The ISR will validate the capabilities of intelligence gathering. Also, it will validate the capabilities of information sharing from space, land, air and sea.


Schemes and Committee News

Arjun Munda Virtually Launches “Shramshakti” Portal

The Union Minister of Tribal Affairs Shri Arjun Munda has launched a National Migration Support Portal “ShramShakti”, during a virtual programme organised at Panjim, Goa.

The portal will help the government in smooth formulation of state and national level programs for migrant workers.

Shram Shakti portal will address the data gap and empower migrant workers who generally migrate in search of employment and income generation. The government would also be able to link the migrant population with existing Welfare Scheme- under Atam Nirbhar Bharat.


Ranks and Reports News

The Global Risks Report 2021 released

The World Economic Forum (WEF) has released the Global Risks Report 2021, 16th Edition. The findings of the report are based on the Global Risks Perception Survey (GRPS) undertaken by over 650 members of WEF’s diverse leadership communities. The Report is prepared with Strategic Partners, Marsh McLennan in Partnership with SK Group and Zurich Insurance Group.

The report is being released before WEF’s upcoming virtual Davos Agenda scheduled to be held between January 25-29, 2021. The main objective behind the publishing of the report is to enable better preparation by Government & other International Communities during the times of crisis.

Useful notes for all competitive exams:

  • World Economic Forum Founder and Executive Chairman: Klaus Schwab.
  • World Economic Forum Headquarters: Cologny, Switzerland.

Science and Technology

MeITY and AWS announced Quantum Computing Applications Lab in India

The Ministry of Electronics and Information Technology (MeitY) has announced the establishment of a Quantum Computing Applications Lab in partnership with Amazon Web Services (AWS).

The move will give select researchers, scientists access to Amazon’s Bracket cloud-based quantum computing service.

It is to be implemented by the Department of Science and Technology operating under the Ministry of Science and Technology.

The mission focuses on fundamental science, technology development and addresses the issues concerning the national priorities. It will prepare next-generation skilled manpower and encourages entrepreneurship and startup ecosystem development.

The Union Budget 2020-21 had proposed to spend Rs 8,000 crores on the National Mission on Quantum Technologies and Applications.

Useful notes for all competitive exams:

  • Minister of Electronics and Information Technology: Ravi Shankar Prasad.
  • Amazon Web Services CEO: Andy Jassy.
  • Amazon Web Services Founded: 2006.
  • Amazon Web Services Headquarters: Seattle, Washington, United States.

Sports News

ITBP wins IHAI National Ice Hockey Championship

The Indo-Tibetan Border Police (ITBP) has won the Ice Hockey Association of India (IHAI) 10th National Ice Hockey Championship trophy after a win over Ladakh in the finals in Gulmarg.

The match was held at Gulmarg Ice Rink. Ladakh has been considered as the capital of ice hockey in India where local men and women play this game with great enthusiasm.

The championship was held at an altitude of 8,694-feet and temperatures below freezing point. Top eight teams of ice hockey in India participated in the event. Top teams of Ice Hockey in India participated in the Championship organized from January 16 to 22, 2021.

Useful notes for all competitive exams:

  • ITBP Founded: 24 October 1962.
  • ITBP Headquarters: New Delhi, India.
  • ITBP DG: S S Deswal.
  • Ice Hockey Association of India president: K. L. Kumar.
  • Ice Hockey Association of India membership: 27 April 1989.

Obituary

 Popular Bhajan Singer Narendra Chanchal passes away

Famous Indian Bhajan singer Narendra Chanchal, who specialized in religious songs and hymns, has passed away. He sang a Bollywood song Beshak Mandir Masjid for the 1973 film Bobby and won Filmfare Best Male Playback Award.

Some of his ever-popular bhajans include Chalo Bulawa Aaya Hai, Tune Mujhe Bulaya Sherawaliye, Ambe Tu Hai Jagadambe Kali, Hanuman Chalisa, Sankat Mochan Naam Tiharo, Ram Se Bada Ram Ka Naam among others. Besides several bhajans, Chanchal had also given voice in several Hindi films as well.


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