Daily GK Update: 13th August 2023

By Marteena Singh|Updated : August 14th, 2023

 Sports

1. Indian Men's Hockey Team for bagged Asian hockey Championship trophy 2023

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  • The Indian hockey team defeated Malaysia and won for the fourth time at the Asian Champions Trophy 2023 final at the Mayor Radhakrishnan Hockey Stadium in Chennai.
  • With four Asian Champions Trophy titles, India is in the first spot in the history of the tournament. 
  • Pakistan, with three titles, is in the second spot now.
  • Tamil Nadu Chief Minister MK Stalin lauded Team India on their Asian Champions Trophy win and announced a cash prize of ₹1.1 crore for the winning team
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 Defense

2. Indian Navy participated in bilateral naval exercise 2023 with UAE Navy

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  • Two Indian Naval Ships INS Visakhapatnam and INS Trikand participated in a bilateral Naval Maritime Partnership Exercise with the UAE Navy at Port Rashid, Dubai in Aug 2023 
  • Aim:  To enhance the interoperability and synergy between the two navies by cross-training on tactics, techniques, and procedures while developing stronger professional bonds.
  • Objective: To jointly tackle the common challenges of piracy, smuggling, and human trafficking and enhance maritime security.
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 Banking & Finance

3. Gross Direct tax collections rise 16 % to Rs 6.53 lakh crore in FY 2023

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  • The gross direct tax collection has registered a growth of around 16% to RS 653,000 crore compared to the same period in 2022 in Aug 2023
  • Net direct tax collection, after adjusting refunds, stands at RS 584,000 crore, which is over 17 % higher than the net collections for the same period 2022. 
  • The collection is over 32% of the total Budget estimates of Direct Taxes for 2023-24.
  • Refunds amounting to Rs 69,000 crore has issued, which is 3.73% more compared to year 2022
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 Important Dates

4. 13 August is celebrated as World Organ Donation Day

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  • World Organ Donation Day is observed every year on August 13 
  • Aim: To spread awareness around the importance of organ donation and bust myths around it. 
  • Theme for 2023: "Step up to volunteer; need more organ donors to fill the lacunae".
  • Organ donation means when a person allows to surgically remove their organ and transplant it to another person. 
  • This is done with the content of the donor when they are alive or that of their kin when they are no more.
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 Important Dates

5. 13 August is celebrated as International Left-Handers Day

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  • International Left-Handers Day is celebrated every year on August 13
  • Aims: To raise awareness about the challenges and of left-handers, understanding in a predominantly right-handed world.
  • Goal: To work on the challenges left-handers face and cater to their unique needs.
  • Theme for 2023:  “Left-Handers in Sports.” 
  • Objective: To recognize and appreciate the diversity of skills, talents, and perspectives that left-handers bring to various fields and activities.
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 Schemes

6. Odisha launched scheme to improve banking penetration in 4,373 panchayats

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  • The Odisha Cabinet chaired by Chief Minister Naveen Patnaik approved to open banking outlets in 4,373 unbanked gram panchayats at a cost of Rs 500 crore in Aug 2023
  • Aim: To improve financial inclusion, will be implemented in coordination with six public sector banks in a phased manner.
  • The scheme will be implemented in coordination with six public sector banks - State Bank of India, Punjab National Bank, UCO Bank, Union Bank of India, Bank of Baroda and Bank of India. 
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 Banking & Finance

7. NPCI launches UPI Chalega 3.0 campaign to promote easy digital payments

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  • National Payments Corporation of India (NPCI) launched the 3rd edition of the UPI Safety Awareness Campaign, “UPI Chalega” in August 2023.
  • Aim: To promote UPI’s brand awareness, amplify understanding of its features, and encourage wider adoption among new users
  • It also educates users about various features such as UPI LITE, which enables swift low-value transactions; UPI AUTOPAY, which allows secure and convenient recurring payments using any UPI application
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 Banking & Finance

8. 5 banks offering MSSC, post office scheme earning 7.5% interest rate

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  • Finance Minister, Nirmala Sitharaman introduced the Mahila Samman Savings Certificate (MSSC), a small savings scheme for women and girls in August 2023
  • MSSC is a 2-year deposit scheme, which offers an interest rate of 7.5% per annum.
  • Objective: To promote financial inclusion and empower women, including girls. 
  • It is a one-time program that runs from April 2023 to March 2025. 
  • Banks Include: Bank of Baroda, Union Bank of India, Canara Bank and Bank of India
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 Honours & Awards

9. Kanwardeep recieved Home Minister’s award for excellence in investigation

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  • Chandigarh Senior Superintendent of Police, Kanwardeep Kaur was named as the recipient of the ‘Union Home Minister’s Medal of Excellence in Investigation’ for the year 2023. 
  • She was given the award for her outstanding investigative work in a minor’s rape case, which resulted in the accused being sentenced to death within 11 months of committing the crime.
  • She worked the case when she was the SSP of Kapurthala district.
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 Banking & Finance

10. Wholesale inflation stays in negative for fourth month at (-) 1.36% in July

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  • The wholesale price-based inflation remained in the negative territory for the fourth straight month in July 2023 at (-)1.36 percent on easing prices of fuel, even though food articles turned costlier.
  • The wholesale price index (WPI) based inflation rate has been in the negative since April and was (-)4.12 percent in June. In July last year, it was 14.07 percent.
  • Inflation in food articles skyrocketed 14.25 percent in July against 1.32 percent in June 2023
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Daily GK Update: 13th August 2023

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