Daily GK Update: 2nd May 2021

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1. Niraj Bajaj named as Chairman of Bajaj Auto

  • Niraj Bajaj has been appointed as the new Chairman of Bajaj Auto with effect from May 1, 2021.
  • He will replace Rahul Bajaj, who had taken charge of the Bajaj group in 1965.
  • Rahul Bajaj will now serve as the Chairman Emeritus of Bajaj Auto.
  • Niraj Bajaj is also on the Board of Bajaj Allianz Life and General Insurance Co Ltd, Bachhraj & Company, Jamnalal Sons and various other Bajaj Group companies.
  • Bajaj Auto HQs: Pune.
  • Bajaj Auto CEO: Rajiv Bajaj.
Read Full News >>

 Banking & Finance

2. RBI joins Network for Greening the Financial System as member

  • RBI has joined group of Central Banks and Supervisors ‘Network for Greening the Financial System (NGFS)’ as a Member.
  • NGFS: Network of central banks and financial supervisors that are willing to share best practices and contribute to environment, climate risk management, mobilizing mainstream finance
  • NGFS was launched at Paris One Planet Summit on December 12, 2017.
  • NGFS HQs: Paris, France
  • Head: Frank Elderson (Dutch)
  • NGFS consists of 90 members and 13 observers.
Read Full News >>

 Agreement

3. TRIFED inks MoU with ‘The LINK Fund’ for tribal development

  • Tribal Co-operative Marketing Federation of India (TRIFED) has signed MoU with The LINK Fund for a collaborative project titled ‘Sustainable Livelihoods For Tribal Households in India’
  • The MoU will facilitate:
    • Tribal Development and Employment Generation
    • Sustainable livelihoods and value addition, produce and crafts diversification, skill training 
  • The LINK Fund is a Geneva, Switzerland based philanthropic operational foundation.
Read Full News >>

 State Affairs

4. Telangana get Drone usage permit for vaccine delivery

  • Ministry of Civil Aviation (MoCA) and Directorate General of Civil Aviation (DGCA) have granted conditional exemption for drone deployment to Govt of Telangana
  • It has been granted for conducting experimental delivery of Covid vaccines within Visual Line of Sight (VLOS) Range using drones.
  • The permission exemption is valid for 1 year or until further orders.
  • Similar permission was granted to ICMR for COVID vaccine delivery using drones in collaboration with IIT Kanpur
Read Full News >>

 Defense

5. Indian Navy launches Operation Samudra Setu-II

  • Indian Navy has launched Operation Samudra Setu-II to augment ongoing national mission for fulfilling Oxygen requirements
  • Samudra Setu-II deployed Naval warships will undertake shipment of liquid Oxygen filled cryogenic containers and associated medical equipment
  • INS Kolkata and INS Talwar have entered  Manama, Bahrain port for embarking and transporting 40MT of liquid oxygen to Mumbai
  • Indian Navy had launched Operation Samudra Setu in 2020
Read Full News >>

 National Affairs

6. Govt to provide Rs 15,000 crore to states for capital expenditure

  • Ministry of Finance has decided to provide an additional amount of up to Rs. 15,000 crores to States as interest free 50-year loan for spending on capital projects
  • In this respect, Dept of Expenditure has issued fresh guidelines on the scheme titled as ‘Scheme of Financial Assistance to States for Capital Expenditure’ for 2021-22
  • Part-I: This part is for North-East and Hill States 
  • Part-II: Not included in Part-I. 
  • Part-III: Providing incentives to States for monetization 
Read Full News >>

 Honours & Awards

7. VP presents Yudhvir Memorial Award to Evita Fernandez

  • Vice President, M Venkaiah Naidu has presented ‘Yudhvir Memorial Award’ to Hyderabad-based gynecologist, Dr. Evita Fernandez in recognition of her service for the cause of women’s healthcare and empowerment
  • Yudhvir Singh
    • He was an Indian freedom fighter, politician and homeopathic doctor
    • Member of Arya Samaj
    • He took part in the pro-independence struggles of 1932, 1941 and the Quit India Movement of 1942.
    • Awards: Padma Shri in 1971 and Padma Bhushan in 1977
Read Full News >>

 Obituaries

8. Film and TV Actor Bikramjeet Kanwarpal passes away in Mumbai

  • Film and TV Actor Bikramjeet Kanwarpal (52 years) passed away due to Covid-19 complications in Mumbai.
  • He was seen recently in Anil Kapoor’s web series 24 and web-series Special OPS.
  • He was a retired Army officer.
  • Films: Page 3, Rocket Singh: Salesman of the Year, Aarakshan, Murder 2, 2 States and The Ghazi Attack among others.
  • TV Shows: Diya Aur Baati Hum, Yeh Hai Chahatein, Dil Hi Toh Hai.
Read Full News >>

 National Affairs

9. Codex Committee on Spices and Culinary Herbs (CCSCH) has finalized

  • Codex Committee on Spices and Culinary Herbs (CCSCH) has finalized and recommended quality standards for 4 spices; cloves, oregano, basil, and ginger, during its fifth session held virtually
  • CCSCH forwarded new standards to Codex Alimentarius Commission (CAC) for adoption at final step 8, as full -fledged Codex standards
  • It will also develop Codex standards for small cardamom and turmeric.
  • CCSCH Chairman: M.R. Sudharshan
Read Full News >>

 Obituaries

10. Sitar maestro Pandit Devabrata Chaudhuri passes away in Delhi

  • Sitar maestro Pandit Debu Chaudhuri (85 years) passed away due to COVID-19 related complications in New Delhi’s Guru Teg Bahadur Hospital
  • He was known as Legend of Sitar and belonged to the Senia or Gharana style of music.
  • He had been awarded Padma Bhushan and the Padma Shri.
  • He was also a teacher and writer, and had penned six books and composed many new ragas
  • He started UMAK (Ustad Mushtaq Ali Khan) Center for culture in memory of his guru Ustad Mushtaq Ali Khan
Read Full News >>

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