Daily Current GK Update
09 January, 2019
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- 1st ever Global Aviation Summit to be held in Mumbai 7
In a first, the 2-day long Global Aviation Summit 2019 with the theme “Flying for all” will be organized by the Ministry of Civil Aviation (MoCA) in collaboration with FICCI from January 15-16, 2019 in Mumbai, Maharashtra.
The summit is supported by International Civil Aviation Organization (ICAO), Federal Aviation Administration of US (FAA), International Air Transport Association (IATA), Civil Air Navigation Services Organisation (CANSO), Airports Council International (ACI) and Association of Asia Pacific Airlines (AAPA).
The Summit aims to focus on the celebration of ‘Flying for All’ and to provide a platform to the aviation fraternity to showcase the challenges of the sector in the newly developing growth spots and understand how the technology-driven innovations will change the air travel in future.
Source: – PIB
- India-born Gita Gopinath joins IMF as 1st woman Chief Economist
India-born Harvard University professor Gita Gopinath has joined International Monetary Fund as its first woman Chief Economist. The 47-year-old, succeeds Maurice Obstfeld, who retired on December 31. Gopinath received her PhD in Economics from Princeton University in 2001 after earning a BA from Lady Shri Ram College, and MA degrees from Delhi School of Economics and University of Washington.
Source: – PTI
- Lok Sabha passes bill to give citizenship to minorities from Bangladesh, Pakistan
The Citizenship (Amendment) Bill 2019, which makes minority immigrants from Afghanistan, Bangladesh and Pakistan who have entered India before December 31, 2014 eligible for Indian citizenship, has been passed in the Lok Sabha. The bill has been passed amid the protests in Assam against the bill. Congress and TMC MPs staged a walk-out during the discussion over the bill.
Source: – Hindustan Times
- Alok Verma gets back charge of CBI as SC overturns govt’s decision
The Supreme Court has overturned the Centre’s decision to send CBI Director Alok Verma on indefinite leave, giving him back the charge of the investigation agency. Verma was asked to proceed on leave following his fallout with CBI Special Director Rakesh Asthana. The judgement was pronounced on two petitions, one filed by Verma and the other by an NGO.
Source: – Hindustan Times
- HRD Ministry introduced a 70-Point Grading Index to assess the quality of school education
The HRD ministry has introduced a 70-point grading index to assess the quality of school education offered by states. A state performance grading will be done wherein the states will be marked out of 1,000 scores on 70 parameters.
HRD Minister Prakash Javadekar stated that it will give the correct picture of where every state stands. There will be a fair competition to improve each other’s performances.
Source: – NDTV
- Women representation in CRPF, CISF to be made 15%: Rijiju
Union Minister (State) Kiren Rijiju on Tuesday said that women representation in the CRPF and CISF will be made 15%. He added that it will be increased to 5% in Border Security Force, Indo-Tibetan Border Police, and Sashastra Seema Bal. He further said that directions were issued to all paramilitary forces to bring the percentage of women to 5%. short by Nikita Pradhan
- Sheikh Hasina sworn-in as Bangladesh PM for 4th term
Sheikh Hasina sworn-in as the Bangladesh Prime Minister for the fourth term. It is her third consecutive term after her victory in the 11th Parliamentary elections.
President Mohammad Abdul Hamid administered the oath of office to Sheikh Hasina in Dhaka. This is the first time Hasina is forming a cabinet with the members of her own party.
Source: – DD News
- Putin invites PM Modi as main guest to Eastern Economic Forum
During a telephonic conversation on Monday, Russian President Vladimir Putin invited Prime Minister Narendra Modi as a main guest to the Eastern Economic Forum in September. The two leaders discussed key issues of bilateral agenda, resolved to increase cooperation in fighting international terrorism and solving other pressing world issues and also congratulated each other on the New Year.
- 4th edition of Raisina Dialogue begins in New Delhi
The fourth edition of the Raisina Dialogue has begun in New Delhi. Norway Prime Minister Ms. Erna Solberg delivered inaugural address in presence of PM Narendra Modi and External Affairs Minister Sushma Swaraj.
The theme of the Dialogue this year is “A World Reorder: New Geometries; Fluid Partnerships; Uncertain Outcomes”. Ministry of External Affairs in partnership with Observer Research Foundation has organized the flagship annual geopolitical and geostrategic conference.
Source: – DD News
- Women constitute 13% of IAF workforce, 3.8% of Army: Govt
Women constitute 13% of the IAF’s workforce, the highest among the three armed services, Minister of State for Defence Subhash Bhamre informed the Rajya Sabha on Monday. Women comprise 3.80% of the Army’s workforce and 6% of the Navy’s personnel. Further, they make up 21.63% and 20.75% of the staff in medical and dental services respectively of the armed forces.
Source: – The New Indian Express
- Malaysia’s King Muhammad V. becomes 1st Monarch to resign before completing tenure
Malaysia’s King Muhammad V. abdicated after two years on the throne, the first time a monarch has stepped down before completing their five-year tenure.
The king’s resignation took effect immediately. A week ago, the king, 49, had resumed duties after spending two months on medical leave.
Source: – Business Insider
- Bandhan Bank to buy HDFC’s Gruh Finance in 81,000 cr deal
Bandhan Bank on Monday announced it will acquire Gruh Finance, majority owned by HDFC, in an all-stock deal worth over 181,000 crore. The deal will help Bandhan Bank’s promoter to reduce its stake in the lender to 60.2%. The RBI has restricted Bandhan Bank from opening new branches without its approval for not bringing down promoter shareholding to 40%.
Source: – Livemint
- Jim Yong Kim resigns as President of the World Bank
World Bank President, Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post. His resignation will take effect from 1 February.
Mr. Kim, 59, was not due to leave until 2022 after he was re-elected for a second fiveyear term in 2017. The World Bank stated that he will join a firm and focus on increasing infrastructure investments in developing countries.
Source: – BBC News
- Nandan Nilekani to lead RBI’s new panel on digital payments
The RBI has formed a committee on “deepening of digital payments” under the Chairmanship of Infosys Co-founder Nandan Nilekani. The committee will suggest measures to strengthen the security of digital payments and assess current levels of digital payments in financial inclusion, among others. The five-member panel will submit its report within 90 days from the date of its first meeting.
Source: – Times Now
- Kumar Rajesh Chandra appointed Director-General of SSB
Civil Aviation Security head and senior IPS officer Kumar Rajesh Chandra was appointed as the director general of the Sashastra Seema Bal (SSB). Chandra, a 1985-batch IPS officer of Bihar cadre, is at present the director general of the Bureau of Civil Aviation Security (BCAS). He has been appointed as SSB DG up to December 31, 2021, i.e., the date of his superannuation, the order said.
- Supreme Court rules Monsanto can own patents on GM cotton in India
The Supreme Court on Tuesday ruled that US seed maker Monsanto can claim patents on its Genetically Modified (GM) cotton seeds in India. This overturns a Delhi High Court ruling, which had held that seeds and plants cannot be patented under Indian laws. The Delhi High Court will now decide if Indian companies infringed Monsanto’s patent on Bt cotton seeds.
Source: – Bloomberg Quint
- CSO forecasts Indian Economy to grow at 7.2% in 2018-19
Releasing the first advance estimates of National Income for 2018-19, Central Statistics Office (CSO) stated that the growth in GDP during 2018-19 is estimated at 7.2% as compared to the growth rate of 6.7% in 2017-18, mainly due to improvement in the performance of agriculture and manufacturing sectors.
Economic Affairs Secretary Subhash Chandra Garg described the 7.2% GDP growth projection as very healthy. Mr. Garg stated that India continued to remain the fastest growing economy in the world and at current prices, GDP grows by 12.3% rising to 188. 41 lakh crore.
Source: – News on AIR
- Vikram Misri takes charge as India’s new envoy to China
India’s new ambassador to China Vikram Misri took charge of the post on Monday. A 1989-batch Indian Foreign Service officer, Misri replaced Gautam Bambawale, who had retired in November. Misri has previously served as the Indian envoy to Myanmar, as well as in various capacities at the headquarters of the Ministry of External Affairs and Prime Minister’s Office.
Source: – The Quint
- In a historic move, private FM channels permitted to carry All India Radio News
Union Minister of State (IC) for Information & Broadcasting and Youth Affairs & Sports, Col. Rajyavardhan Rathore (Retd.) launched the sharing of All India Radio News with private FM broadcasters. This will be done free of cost, on trial basis initially till 31st May, 2019.
Any Private FM broadcaster which intends to broadcast the news bulletins will first have to register with News Services Division: All India Radio.
Source: – Press Information Bureau