Saturday, 10 July 2021
GK Update of twenty sixth June 2021 masking the next information headlines: Tax Inspectors Without Borders, Google Cloud, National Skill Development Corporation, Windows 11.
National News
1. India-Bhutan: Tax Inspectors Without Borders Initiative
- India and Bhutan have collectively launched the “Tax Inspectors Without Borders (TIWB)”. It has been launched for strengthening the tax administration of Bhutan. It will give attention to International Taxation and Transfer Pricing.
- TIWB programme goals to strengthen tax administrations amongst growing nations by transferring technical know-how and expertise to their tax auditors and by sharing basic audit practices & dissemination of data merchandise with them.
- This programme is one other milestone within the relationship between India and Bhutan. It can be accomplished in 24 months’ period.
Important takeaways for all aggressive exams:
- Bhutan Capital: Thimphu;
- Bhutan Prime minister: Lotay Tshering;
- Bhutan Currency: Bhutanese ngultrum.
Agreements News
2. Jio and Google Cloud to Collaborate on 5G Technology
- Reliance Jio Infocomm Limited and Google Cloud are embarking on a complete, long-term strategic relationship with a objective of powering 5G in enterprise and shopper segments nationwide.
- In addition, Reliance may also make the most of Google Cloud’s scalable infrastructure thereby enabling its retail enterprise to attain higher operational effectivity, modernize and scale for progress, and ship higher efficiency and experiences to clients.
- As a part of the partnership, Reliance may also increase its compute workload for retail enterprise making the most of Google’s AI/ML, e-commerce, and demand forecasting choices.
Important takeaways for all aggressive exams:
- Reliance Jio President Infocomm: Mathew Oommen;
- Reliance Jio Founder: Mukesh Ambani;
- Reliance Jio Founded: 2007;
- Reliance Jio Headquarters: Mumbai.
- Google CEO: Sundar Pichai.
- Google Founded: 4 September 1998, California, United States.
- Google Founders: Larry Page, Sergey Brin.
3. NSDC And WhatsApp Launch “Digital Skill Champions Program”
- The National Skill Development Corporation and WhatsApp introduced an alliance to launch the Digital Skill Champions Program that goals to coach India’s youth on digital expertise, so as to make them employment prepared.
- The partnership identifies two broad areas of collaboration viz., WhatsApp Digital Skills Academy and Pradhan Mantri Kaushal Kendra (PMKK) and WhatsApp Business App Training classes.
- Through this program, faculty and college college students could be coached to imbibe digital and on-line expertise that will culminate with WhatsApp and NSDC awarding ‘Digital Skill Champions’ certification.
Important takeaways for all aggressive exams:
- WhatsApp Founded: 2009;
- WhatsApp CEO: Will Cathcart (Mar 2019–);
- WhatsApp Headquarters: Menlo Park, California, United States;
- WhatsApp Acquisition date: 19 February 2014;
- WhatsApp Founders: Jan Koum, Brian Acton;
- WhatsApp Parent group: Facebook.
Business News
4. LIC introduces Technology Platform ‘e-PGS’
- Life Insurance Corporation (LIC) has launched a centralized web-based workflow-based IT platform referred to as “e-PGS”.
- The new know-how platform, e-PGS, has been designed to supply a centralized assortment and cost accounting with a excessive stage of financial institution integration. It has been designed to supply very progressive options of seamless and built-in banking with automated reconciliations.
- This system is able to offering complete self-servicing capabilities by the client portal. On this portal, company clients will be capable to view their information, provoke actionable processes and lodge & monitor claims.
Important takeaways for all aggressive exams:
- Chairman of LIC: MR Kumar;
- LIC Headquarters: Mumbai;
- LIC Founded: 1 September 1956.
Defence News
5. India’s first Indigenous Aircraft Carrier to be commissioned in 2022
- The Union Defence Minister Rajnath Singh has knowledgeable that India’s first Indigenous Aircraft Carrier (IAC-I), is deliberate to be commissioned by 2022.
- Once commissioned, the service can be rechristened as INS Vikrant, in reminiscence of India’s first plane service.
- The IAC-1 service is being constructed on the Cochin Shipyard Limited (CSL), Kochi, Kerala, beneath a public-private partnership.
- It contains almost 75 per cent of indigenous content material from design, to metal utilized in building, to key weapons and sensors.
- The IAC-1 will endure a collection of sea trials earlier than it will get inducted into the Navy.
- Vikrant is 262 metres (860 ft) lengthy and 62 metres (203 ft) large, and displaces about 40,000 metric tons (39,000 lengthy tons).
Economy News
6. India’s financial institution credit-to-GDP ratio grows 56% in 2020
- Notwithstanding incremental credit score progress plunging to a 59-year low at 5.56 per cent in FY21, the financial institution credit-to-GDP ratio rose to a five-year excessive of a bit of over 56 p.c in 2020, in accordance with the newest information from the Bank for International Settlements (BIS).
- At a 56.075 p.c credit-to-GDP ratio, complete excellent financial institution credit score stood at USD 1.52 trillion within the nation in 2020, in accordance with the BIS information for the 12 months, however that is nonetheless the second-lowest amongst all its Asian friends.
- And in the case of the rising market friends, it’s 135.5 p.c and at 88.7 p.c in superior economies. Bank credit score progress is a key indicator of financial progress & credit-GDP ratio of 100% very best
Science and Technology News
7. Microsoft Officially Launches ‘Windows 11’
- Microsoft formally launched its new Windows working system ‘Windows 11’. It is being referred to as because the “next generation” of Windows.
- The launch comes almost six-year after the present newest Windows Operating System ‘Windows 10’ was launched in July 2015.
- Windows 11 is particular as a result of it focuses on a brand new consumer interface, a brand new Windows Store, and enhancements to efficiency, together with a center-aligned Taskbar and Start button.
Important takeaways for all aggressive exams:
- Microsoft CEO and Chairman: Satya Nadella;
- Microsoft Headquarters: Redmond, Washington, United States.
Awards News
8. Centre releases full checklist of Smart Cities Awards 2020 winners
- The Central authorities has declared Smart City awards 2020 through which Indore (Madhya Pradesh) and Surat (Gujarat) gained the award collectively for his or her total improvement.
- Whereas Uttar Pradesh emerged on the highest amongst all states, adopted by Madhya Pradesh and Tamil Nadu beneath the Smart City award, 2020.
- The Smart City awards got throughout the themes of Social Aspects, Governance, Culture, Urban Environment, Sanitation, Economy, Built Environment, Water, Urban Mobility.
Important Days
9. International Day in Support of Victims of Torture
- International Day in Support of Victims of Torture is noticed on twenty sixth June yearly. This day is noticed by the United Nations to boost consciousness among the many individuals about human torture that it’s not solely unacceptable however additionally it is a criminal offense.
- On 12 December 1997, The UN General Assembly handed a decision 52/149 and determined to look at 26 June as a result of the United Nations International Day in Support of Victims of Torture to eradicate torture and subsequently the efficient functioning of the Convention towards Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment.
- It’s to be remembered that ache or struggling brought on by the authorized penalty isn’t thought of as torture. On 26 June 1998, the first International Day in Support of Victims of Torture was held.
10. International Day Against Drug Abuse and Illicit Trafficking
- International Day Against Drug Abuse and Illicit Trafficking is noticed globally on twenty sixth June yearly.
- The day is noticed by the United Nations as an expression of its dedication to strengthen motion and cooperation to attain the objective of a world society freed from drug abuse.
- The theme of International Day Against Drug Abuse and Illicit Trafficking 2021 is “Share Facts On Drugs, Save Lives”.
- On 7 December 1987, the United Nations General Assembly determined to watch 26 June because the International Day towards Drug Abuse and Illicit Trafficking as an expression of its dedication to strengthen motion and cooperation to attain the objective of a world society freed from drug abuse by passing a decision 42/112.
Important takeaways for all aggressive exams:
- United Nations Office on Drugs and Crime Headquarters: Vienna, Austria.
- United Nations Office on Drugs and Crime Founded: 1997.
Miscellaneous News
11. Delhi Govt launched Mukhyamantri Covid-19 Pariwar Aarthik Sahayata Yojana
- Delhi authorities has launched “Mukhyamantri COVID-19 Pariwar Aarthik Sahayata Yojana” to supply monetary help to the households who misplaced a member because of the Covid-19 pandemic.
- According to notification by Social Welfare Department, Rs 50,000 ex-gratia can be supplied to each household that has misplaced a member amid a pandemic. A pension of Rs 2,500 per month would even be given to these households that misplaced the only breadwinner to the Covid-19 pandemic.
- Children who misplaced their each dad and mom or single father or mother to COVID-19 may also be supplied ₹2,500 per 30 days until they obtain 25 years of age. The Delhi authorities may also present free schooling to them.
Important takeaways for all aggressive exams:
- Chief Minister of Delhi: Arvind Kejriwal; Lieutenant Governor of Delhi: Anil Baijal.
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