Daily GK Update: 11th March 2023

National & International Appointments

Rohit Jawa has been appointed as the Managing Director and Chief Executive Officer (MD & CEO) of Hindustan Unilever Ltd (HUL) with effect from 27th June 2023
He is presently the Chief of Transformation for Unilever and has been appointed for 5-year.
He will succeed Sanjiv Mehta, who was the part of Hindustan Unilever since 2013.
He will also join Unilever Leadership Executive (ULE).
HUL is India's largest fast moving consumer goods company headquartered in Mumbai.

Summits & Conferences

Misra Centre for Financial Markets and Economy (MCFME) at the Indian Institute of Management Ahmedabad (IIMA), along with Centre for Advanced Financial Research and Learning (CAFRAL) has organized 'International Research Conference on FinTech: Innovation, Inclusion, and Regulation'.
It is a two-day conference for bringing top researchers, practitioners, and regulators from across the globe together to deliberate on key issues of FinTech.

Summits & Conferences

Union Environment Minister Bhupender Yadav has inaugurated two-day G20 Flower Festival has been being organized at Delhi’s Connaught Place for highlighting the vibrancy of G20 members and guest countries.
G20 countries like Japan, Singapore, and the Netherlands are participating in it.
Flower plants of different colours and varieties are being displayed in different forms and installations to showcase the diversity of the Indian subcontinent.

Summits & Conferences

Chief Election Commissioner Rajiv Kumar and Election Commissioners Anup Chandra Pandey and Arun Goel has inaugurated Vote Fest 2023 to create awareness on the election process in Bengaluru.
They also inaugurated ‘Electhon 2023’, which is a 30-hour hackathon for securing the electoral future.
The fest seeks people's suggestions on improving voter turnout, ensuring the registration of new voters, and how to ensure the involvement of urban youth in the democratic process.

State Affairs

Directorate of Rural Sanitation, Jammu and Kashmir has launched Swachh Bharat Mission Grameen Internship-2023 for engaging the youth enrolled in colleges and universities, as well as research scholars, who are interested in working in rural areas.
It will provide an opportunity for young minds to gain valuable experience, develop their skills, and contribute meaningfully towards the implementation of the SBM (G) Phase II.

National & International Appointments

Xi Jinping has secured an unprecedented third term as the President of China and has been re-elected as the General Secretary of the Communist Party for five-year.
Nearly 3,000 members of China's rubber-stamp parliament, National People's Congress (NPC), voted unanimously for Xi Jinping to be president.
Apart from him, Zhao Leji has been elected as the new parliament chair and Han Zheng as the new vice president.

Summits & Conferences

Third Session of the National Platform for Disaster Risk Reduction (NPDRR) has been concluded in New Delhi today.
Organized by: Ministry of Home Affairs (MHA), National Disaster Management Authority (NDMA), National Disaster Response Force (NDRF), and National Institute of Disaster Management (NIDM).
NPDRR was comprised of 4 Plenary Sessions, 1 Ministerial Session, and 8 Thematic Sessions with more than 1200 subject experts, practitioners, academicians and delegates.

Summits & Conferences

Arjun Ram Meghwal has inaugurated the exhibition titled ‘Women and Nation Building: 1857 to the Republic' at National Archives of India, New Delhi on 133rd Foundation Day of National Archives of India.
The exhibition highlights the contributions of women in nation building and freedom struggle from 1857 in an interesting manner like Durgawati Devi and Kasturba Gandhi.
It also presents a selection of original documents drawn from the attics of the archival repository.

Banking & Finance

Central government has released Rs 1,40,318 crores as monthly instalment for March towards tax devolution to states, which is much more than the normal monthly devolution of Rs 70,159 crore made for states.
This is in line with the commitment to strengthen the hands of states to accelerate their capital and developmental expenditure, an official statement said.
Uttar Pradesh has received the highest instalment of Rs 24,783 crore among all states.

National & International Appointments

Siddhartha Mohanty has been appointed as the interim chairman of Life Insurance Corporation of India (LIC) for three months with effect from March 14, 2023.
He is presently a managing director and chief executive officer (MD & CEO) of LIC Housing Finance.
Currently, Bishnu Charan Patnaik, Ipe Mini, Siddhartha Mohanty, and Raj Kumar are the Managing Director of LIC.
Chairman of LIC: Mangalam Ramasubramanian Kumar.

Banking & Finance

IDFC Mutual Fund has been rebranded itself as Bandhan Mutual Fund and its schemes will reflect the new name with effect from March 13, 2023.
IDFC Mutual Fund has also unveiled a new logo as the company was acquired by Bandhan Financial Holdings-led consortium in April 2022
Scheme of the fund house will be renamed to replace the word ‘IDFC’ with ‘Bandhan’.
Unitholders of IDFC MF would continue to benefit from the same high‐quality investment approach.