Daily Current Affairs and GK | 13 January 2022

By PendulumEdu | Last Modified: 13 Jan 2022 17:22 PM IST

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Topic: Indian Polity

1. Supreme Court expanded meaning of vulnerable witnesses.

  • Supreme Court included sexual assault victims, people with mental illness and people with speech or hearing impairment under the vulnerable witness category.
  • Supreme Court said that vulnerable witnesses should not be limited to only child witnesses.
  • Supreme Court instructed the High Courts to form a Vulnerable Witness Deposition Centre (VWDC) scheme within two months.
  • Supreme Court also said that the High court should set up a permanent VWDC committee. It also asked the High court to ensure one VWDC in each district.
  • Supreme Court urged Justice Gita Mittal to act as Chairperson of a committee formed for designing and implementing an All India VWDC training program.
  • Supreme Court also requested the government to appoint a nodal officer for facilitating logistical support to the Chairperson and to implement its direction.

Topic: Summits/ Conferences/ Meetings

2. India and US officials discussed various issues during virtual Homeland Security Dialogue.

  • India and US senior officials met during virtual Homeland Security Dialogue and they discussed many key issues.
  • The India-US Homeland Security Dialogue has been co-chaired by Ajay Bhalla and Robert Silvers.
  • Both sides reviewed the ongoing cooperation and discussed to further enhance cooperation in the field of counterterrorism, cyber security, maritime security, aviation security, etc.
  • Both sides also agreed that subgroups under the homeland security dialogue would meet separately in the upcoming months.
  • Both sides will also organize ministerial-level homeland security dialogue in later 2022.
  • The first India-US Homeland Security Dialogue was held in May 2011. It is an initiative started by the Obama administration.
  • In March 2021, India and the U.S agreed to re-establish the Homeland Security Dialogue.

Topic: Defence

3. Gaganyaan's cryogenic engine successfully completed its qualification test.

  • The Cryogenic Engine for the Gaganyaan human space program has successfully completed qualification tests by the Indian Space Research Organization (ISRO).
  • The test was conducted for 720 seconds and met the test objectives at the ISRO Propulsion Complex in Tamil Nadu.
  • The engine will next undergo four more tests, each lasting 1810 seconds.
  • The name of this engine developed by ISRO is ‘Vikas’.
  • The cryogenic engine of India's human-rated GSLV rocket will be used in the country's maiden human spaceflight mission in 2023.
  • ISRO has scheduled to send a "vyommitra" (human-like robot) to space on two unmanned missions before the final manned mission in 2023.

Cryogenic Engine for the Gaganyaan human space program

(Source: News on AIR)

Topic: Appointments

4. S Somanath appointed as new chairman of ISRO.

  • S Somanath, a renowned rocket scientist, has been appointed as the next chairman and Space Secretary of the Indian Space Research Organisation (ISRO).
  • He will succeed K Sivan, who has completed his tenure as ISRO director.
  • Mr. Somanath is an expert in the field of launch vehicle system engineering.
  • He will serve as the Space Secretary and Chairman of the Space Commission for a combined three-year term.
  • Mr. Somanath will be ISRO's tenth chairman.
  • He currently serves as the Director of the Vikram Sarabhai Space Centre (VSSC).
  • Indian Space Research Organization (ISRO):
    • It is a space agency of the Indian government.
    • It was founded in 1969 by Vikram Sarabhai.
    • Headquarters: Bengaluru

 

new chairman of ISRO

(Source: News on AIR)

Topic: Appointments

5. Pierre-Olivier Gourinchas appointed as the Chief Economist of IMF.

  • Pierre-Olivier Gourinchas has been appointed as the next chief economist of the International Monetary Fund (IMF).
  • He is an economist at the University of California-Berkeley. He has replaced Indian origin Gita Gopinath.
  • Gopinath has been appointed as the IMF's first Deputy Managing Director.
  • Gourinchas will begin working as part-time IMF Chief Economist from January 24. He will start his full-time tenure on April 1, 2022.
  • International Monetary Fund (IMF):
    • IMF is an international organization. It is designed to promote global monetary cooperation.
    • Its headquarters is located in Washington DC. It was established in 1945.
    • The Managing Director of IMF is Kristalina Georgieva.

Topic: State News/ Gujarat

6. Kevadiya Railway Station renamed as Ekta Nagar Railway Station.

  • The renaming of the Statue of Unity's Kevadiya railway station has been approved by the Ministry of Railways.
  • The Kevadiya Railway Station is part of the Vadodara division in Gujarat, which has been renamed as "Ekta Nagar Railway Station."
  • Ekta Nagar railway station's code will be EKNR, while the station's numerical number will be 08224620.
  • The Vadodara Division has received a first-of-its-kind contract for the establishment of an art gallery with a souvenir shop at Gujarat's Kevadiya Railway Station.
  • A private party would set up and operate the art gallery at the station, bringing in 24.7 lakh in revenue for Indian Railways and potential revenue of Rs 2.83 crore.
Related Study Material
Evolution and History of the Indian Constitution Preamble of the Indian Constitution
Major sources of Indian Constitution President of India
Governor of a State Joint Military Exercises of India with other Countries
Indus Valley Civilization Padma Awardees 2021 Winners
 

Topic: Indian Economy

7. Textiles sector exports increased by 31% from April to December 2021.

  • Textiles sector exports has increased by 31% from April to December 2021 as compared to same period in 2020.
  • Total Textiles and Apparel exports including Handicrafts exports stood at 29.8 billion dollars during April to December 2021, as compared to 21.2 billion dollars for the same period in 2020.
  • Exports of textiles, Apparel and Handicrafts increased by 14.6% in April-December 2021 as compared to 2020.
  • Government has fixed the target of 44 billion dollars for Textiles and Apparel exports including Handicrafts exports and more than 67% of the target has been already achieved.

Textiles sector exports increased by 31%

(Source: News on AIR)

Topic: Awards and Prizes

8. Minister of State for Education launches Swachh Vidyalaya Puraskar (SVP) 2021 – 2022.

  • Minister of State for Education, Subhas Sarkar, has virtually launched Swachh Vidyalaya Puraskar (SVP) 2021 – 2022 on 12 January 2022.
  • Total 40 schools will be chosen for Swachh Vidyalaya Puraskar this year at the national level.
  • The award money has been increased from Rs 50,000 to Rs 60,000 per school under the Samagra Shiksha scheme.
  • Government for the first time has introduced 6 sub-category wise awards, with award money of Rs 20,000 per school.
  • SVP 2021-22 is open to all categories of schools in both rural and urban areas. The schools will be assessed in 6 sub-categories.
  • These categories are Water, Sanitation, Hand Washing with soap, Operation and Maintenance, Behaviour Change and Capacity Building and COVID-19 Preparedness and Response.
  • Swachh Vidyalaya Puraskar (SVP) was first started by the Department of School Education and Literacy in 2016-17.

Topic: Appointments

9. Raghuvendra Tanwar appointed as chairman of ICHR.

  • Raghuvendra Tanwar has been appointed as chairman of the Indian Council of Historical Research (ICHR) for three years.
  • Professor Tanwar is known for his study of India’s Partition, particularly Punjab. He was the director of the Haryana Academy of History and Culture in 2016.
  • His most recent study is an illustrated Story of India’s Partition. He has also written the biography of Bansi Lal and on Sir Chhotu Ram.
  • He was awarded the UGC National Fellowship (Research Award) 2002-2005.
  • Indian Council of Historical Research (ICHR):
    • It is an autonomous organization under the Ministry of Education.
    • It was established on 27 March 1972 on the recommendation of a Working Group set up by the Government of India.
    • It promotes historical research and encourages scientific writing of history.
    • The members of the Council of ICHR are selected for three years.

Topic: Reports and Indices

10. World Bank forecasted global economic growth of 4.1% in 2022.

  • According to the latest Global Economic Prospects report, the global economy will grow by 4.1% in 2022 and 3.2% in 2023.
  • The latest projection of global economic growth for 2022 is 0.2 percentage point lower than the June forecast.
  • India’s economy will grow by 8.3% in the current fiscal year, 8.7% in 2022-23, and 6.8% in 2023-24.
  • Advanced economies growth will slow from 5% in 2021 to 3.8% in 2022.
  • The report also noted that the Covid-19 pandemic has raised global income inequality. Inequality and security challenges are particularly harmful for developing countries.
  • According to the report, global economic growth is facing risk from many factors including a new variant of Covid-19, high debt levels, inflation, etc.
  • Policy uncertainty and high government expenditure are the major issues for many countries.
  • As per this report, annual output is expected to remain below the pre-pandemic level in emerging and developing economies till 2023.
  • Global Economic Prospects and World Development Report are published by the World Bank.

Topic: Committees/ Commissions/Taskforces

11. Supreme Court formed a panel headed by Indu Malhotra to probe PM security breach.

  • The Supreme Court has formed an inquiry committee under the chairmanship of former judge Justice Indu Malhotra to probe the security breach during PM Narendra Modi’s visit to Punjab.
  • The Director-General of the National Investigation Agency, Director-General of police Chandigarh, additional Director-General of police (security) Punjab, and Registrar General of Punjab and Haryana High Court are the other members of this committee.
  • The committee will look into the matter and will decide who was responsible for the security breach.
  • It will also suggest necessary safeguards for the security of PM and Constitutional functionaries.
  • Ministry of Home Affairs has also set up a three-member committee to enquire into security lapses during PM Modi's Punjab visit. It will be led by Sudhir Kumar Saxena.

Topic: National News

12. Indian Railway launched ‘Mission Amanat’ to track lost belongings of passengers.

  • Indian Railway has launched a new initiative ‘Mission Amanat’ to track lost belongings of passengers.
  • This new initiative has been launched by Railway Protection Force (RPF).
  • Under this initiative, the Railway Protection Force will upload the information of the lost luggage and belonging on the official website of the western zonal railway.
  • Railway Protection Force of Western Railway Zone has recovered lost goods worth Rs 2.58 crore belonging to a total of 1,317 railway passengers in the year 2021.
  • Railway Protection Force (RPF):
    • It was established under Railway Protection Force Act 1957.
    • It is responsible to ensure the protection of railway property and the safety and security of passengers
    • It has the power to search, arrest, investigate and prosecute.
    • The women percentage in the RPF is the highest among all central paramilitary forces in India.

Topic: Banking System

13. RBI decided to create a new department to regulate fintech.

  • The Reserve Bank of India (RBI) has formed a new department to supervise and regulate fintech in India. It has come into effect from 4 January.
  • This new department has been created by subsuming the fintech division of the Department of Payment and Settlement Systems (DPSS).
  • It will promote innovation in the fintech sector and address the challenges and opportunities associated with it.
  • It will also provide a framework for further research which will aid in creating a policy for fintech.
  • The fintech department will be administratively attached to the centralised administrative division (CAD) of the central office.
  • The fintech department will deal with all the matters related to the facilitation of constructive innovations and incubations in the fintech sector.
  • It will also look into the matter related to inter-regulatory coordination and international coordination on fintech.
  • FinTech:
    • FinTech is an emerging industry that uses technology for the delivery of financial services.
    • At present, the total valuation of the FinTech industry in India is about $50-$60 billion.

Topic: MoUs/Agreements

14. IEPFA signed MoU with IGNOU for promoting Investor Education and Financial literacy.

  • Investor Education and Protection Fund Authority (IEPFA) and Indira Gandhi National Open University have signed an MoU for promoting Investor Education and Financial literacy.
  • Gyan Darshan channel of IGNOU will help in propagating the message of Investor Education and Awareness among stakeholders.
  • The proposed lecture series of 75 episodes will be taken by experts from professional institutions. It will be a tele-lecturing series on 24x7 Gyan Darshan TV channel.
  • Investor Education and Protection Fund Authority (IEPFA):
    • Investor Education and Protection Fund Authority (IEPFA) was established for the administration of the IEPF fund under the Companies Act 2013.
    • The main aim of this authority is to promote Investor Education, Awareness & Protection, and to refund unclaimed shares.
    • It works under the Ministry of Corporate Affairs.
 

 

 

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