Daily Current GK Update
05 June, 2019
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RBI approves appointment of Rakesh Makhija as chairman of Axis Bank
Axis Bank stated that the Reserve Bank of India has approved the appointment of Rakesh Makhija as chairman of the bank. The board of the bank in March had approved the appointment of Makhija as chairman subject to RBI clearance.
Mr. Makhija will be independent director as the non-executive (part-time) chairman of the bank, for a period of 3 years, with effect from July 18, 2019, up to July 17, 2022.
Source: – The Hindu Business Line
AAI signs pact with Boeing to modernise Air Traffic Management in India
The Airports Authority of India (AAI) and aerospace major Boeing announced the signing of a technical assistance agreement to develop an air traffic management roadmap which will improve airspace utilization and help maintain efficient aircraft operations.
10-year communication, navigation, and surveillance/air traffic management (CNS/ATM) modernization roadmap spread over 18 months is being undertaken with a grant from the US Trade and Development Agency (USTDA).
Source: – ANI News
CAG Rajiv Mehrishi chosen External Auditor for WHO
The election was held in the 72nd WHO Assembly in Geneva where the CAG was elected with a majority (90 out of 162 votes) in the first round of voting itself. Apart from India, others competing for the position were the Auditors General of Congo, France, Ghana, Tunisia, and the United Kingdom.
Mehrishi will take over from the incumbent External Auditor of WHO, the Supreme Audit Institution of Philippines. This is the second major international audit assignment for the CAG this year following his selection to the post of External Auditor of Food and Agriculture Organisation in Rome earlier this year in March 2019. The CAG of India is currently also on the Board of Auditors of the United Nations and Vice Chair of the UN Panel of External Auditors.
World Bicycle Day observed on 3 June
The United Nations General Assembly declared 3 June as International World Bicycle Day. The resolution for World Bicycle Day recognizes “the uniqueness, longevity, and versatility of the bicycle, which has been in use for two centuries, and that it is a simple, affordable, reliable, clean and environmentally fit sustainable means of transportation.
Source: – United Nations
Indian retail tycoon MA Yusuff Ali becomes UAE’s first permanent expat resident
Abu Dhabi-based Indian retail tycoon MA Yusuff Ali has become the first expat to get the UAE’s first gold card permanent residency. Unlike the long-term visa of 5-10 years for businessmen and talented individuals, the gold card gives permanent residency of the UAE to the holder.
The LuLu Group chairman, who was ranked the richest expat in UAE by the Forbes magazine, becomes the first of 6,800 investors with total investment exceeding USD 27 billion to receive the gold card under a scheme announced last month by Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai.
Source: – The Economic Times
Chandrani Murmu became the youngest MP in India’s history
In a first, a 25-year-old engineering graduate from Odisha has become the youngest Member of Parliament to the 17th Lok Sabha. Odisha has a total of seven women MPs, making it the first state ever to have 33 percent or the largest share of women MPs of its total of 21 seats.
Chandrani Murmu, who has replaced Dushyant Chautala, was elected as Biju Janata Dal (BJD) candidate from the Keonjhar seat, as the youngest parliamentarian in the country. She represents the tribal-dominated Keonjhar.
Source: – India Today
Indian Oil, BPCL And HPCL ink JV for Kandla-Gorakhpur LPG Pipeline Project
Indian Oil, Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) had signed a joint venture in New Delhi for Kandla-Gorakhpur LPG Pipeline Project. They will be laying the world’s longest LPG pipeline from Kandla (Gujarat) to Gorakhpur (UP).
The 2,757-km cross-country pipeline will connect three major States with the west coast to reach LPG to 22 bottling plants of the three Oil Marketing Companies (OMCs). The Kandla-Gorakhpur LPG Pipeline is estimated to cost about Rs10,000 crore. It would be implemented by a Joint Venture Company of Indian Oil with 50% shareholding. BPCL and HPCL will have 25% share each.
Source: – The Hindu Business Line
MP Cabinet passes resolution to increase reservation for OBCs to 27%
Madhya Pradesh Cabinet has passed a resolution to increase reservation quota for Other Backward Classes (OBC) from existing 14 percent to 27 percent. The matter will now be taken up in the monsoon session of the state Assembly.
The move will lead to the reservation in the state breaching the Supreme Courtmandated 50 percent cap to reach 63 percent. If implemented, Madhya Pradesh will become the only state in the country to have a 27 percent quota for OBCs.
Source: – Times Now
WHO award for Rajasthan Health Department
The World Health Organization (WHO) has selected the Rajasthan government’s Medical & Health Department for its award this year in recognition of its achievements in the field of tobacco control. The department’s Additional Chief Secretary, Rohit Kumar Singh has received the award at a function to mark World No Tobacco Day in New Delhi.
The Health Department of the State is the only government body in the country which will be awarded for its tobacco-free initiatives.