Daily GK Update: 26th July 2021

By Md Mansur Alam|Updated : July 26th, 2021

 Important Dates

1. ‘Kargil Vijay Diwas 2021’ being observed today

  • Kargil Vijay Diwas is celebrated on 26th July in honor of the heroes of the Kargil war of 1999.
  • On this day in 1999, the Indian Army announced that Pakistani forces and intruders have been driven out from all occupied territories.  
  • To concur Kargil war ‘Operation Vijay’ (II) was launched. 
  • 1st Operation Vijay was launched in 1961 that led to the capture of Goa and Daman and Diu.
  • Indian Airforce along with Army also launched ‘Operation White Sea’ during the Kargil war.
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 Arts & Culture

2. Kakatiya Rudreswara temple inscribed by UNESCO as World Heritage Site

  • Kakatiya Rudreswara Temple has been inscribed by UNESCO as World Heritage Site (39th site in India).
  • Also known as Ramappa temple, it is located in Palampet village in the newly formed Mulugu District in Telangana.
  • The 13th-century temple is probably the only temple known by its chief sculptor, Ramappa.
  • This is the first site that got heritage tag from UNESCO ever since Telangana state formed in 2014.
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 Banking & Finance

3. IFC lends $250 million to HDFC Ltd to boost green housing finance

  • IFC, the investment arm of the World Bank has provided $250 million loans to HDFC Ltd for green housing.
  • Green housing is regarded as a luxury market in the country but has climate benefits.
  • Green affordable housing can help India on its path to deliver on its commitments under the Paris Agreement, to reduce a 3rd of its carbon emissions by 2030 from 2005 levels.
  • Green and energy-efficient housing can help cut emissions. 
  • IFC Headquarter: Washington DC 
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 International Affairs

4. World’s Largest Floating Solar Farm Proposed for Indonesia

  • Sunseap Group, a solar energy system developer, owner, and operator in Singapore plans to build the world’s largest floating solar farm in Indonesia.
  • The floating photovoltaic system is expected to have a capacity of 2.2 GW.
  • It will cover 1600 hectares of the Duriangkang Reservoir on Batam Island and cost about $2 billion to construct.
  • An agreement between Sunseap and the Batam Indonesia free zone authority to move forward with the project was signed on July 19.
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 State Affairs

5. Corteva Agriscience inks pact to promote sustainable rice production in UP

  • Corteva Agriscience has signed a 3-year project with the 2030 Water Resources Group (2030 WRG) hosted by the World Bank, to promote sustainable rice cultivation in UP. 
  • The project provides a framework for Corteva, 2030 WRG, and a task force of multiple stakeholders to work towards transforming 40,000 acres of land from traditional methods of transplanting rice to the Direct Seeded Rice technique.
  • This practice will reduce agricultural water consumption by 35-37%. 
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 Agreement

6. Arunachal Pradesh, IIM Shillong to collaborate as knowledge partners

  • Arunachal Pradesh govt signed an MoU with Dr APJ Abdul Kalam Centre for Policy Research and Analysis-IIM Shillong for collaborating as a knowledge partner
  • Aim: Capacity building of State Govt and to set up a satellite centre of IIM-S in the State and for necessary policy interventions
  • The MoU aims at promoting mutual agreement b/w the Dr APJ Abdul Kalam Centre for Policy Research Analysis of IIM Shillong and the Finance Planning and Investment Department of the state.
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 Books & Authors

7. D Subbarao Unveils the book titled 'Bank With A Soul: Equitas'

  • Duvvuri Subbarao, Former Governor, RBI released Dr. C K Garyali’s book, ‘Bank with a Soul: Equitas’.
  • C K Garyali is a founder trustee of EDIT (Equitas Development Initiative Trust)
  • The book chronicles the journey of Equitas and EDIT in transforming the lives of women with frequent social reform initiatives helping them set up micro-enterprises and pioneering financial inclusivity right from its inception.
  • The foreword of the book has been written by Duvvuri Subbarao. 
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 International Affairs

8. Nasa selects SpaceX for Jupiter moon mission

  • NASA selected SpaceX to launch its probe of Jupiter's moon Europa, which has liquid oceans that could harbour life.
  • The Europa Clipper mission, scheduled to launch in October 2024 on a Falcon Heavy rocket from the Kennedy Space Center in Florida, is worth $178 million.
  • Europa Clipper will conduct a detailed survey of the icy Jupiter moon Europa and use a sophisticated suite of science instruments to investigate whether the moon has conditions suitable for life.
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 Banking & Finance

9. RBI to introduce digital currency in phased manner

  • The RBI is considering a “phased introduction" of a Central Bank Digital Currency (CBDC).
  • It was announced by Deputy Governor T. Rabi Sankar.
  • It will need legal changes to be made in the nation’s foreign exchange rules and information-technology laws.
  • A CBDC is a legal tender that would be issued by the central bank in a digital form.
  • It is exchangeable one-to-one with fiat currency and it would appear as a liability on a central bank’s balance sheet.
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 National & International Appointments

10. Nasir Kamal appointed Bureau of Civil Aviation Security DG

  • Senior IPS officer Nasir Kamal has been appointed the Director-General of the Bureau of Civil Aviation Security (BCAS).
  • Kamal is a 1986-batch Indian Police Service (IPS) officer of the Uttar Pradesh cadre.
  • He has served in various roles before this appointment.
  • More recently, he was Director of the National Institute of Criminology and Forensic Science.
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Daily GK Update: 26th July 2021

Posted by:

Md Mansur AlamMd Mansur AlamMember since Aug 2019
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Subhasish

SubhasishJul 28, 2021

Thanks...

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