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12 November, 2024
GK Update
Thu 14 Nov, 2024
National News
CCPA Guidelines for Coaching Institutes
- The Central Consumer Protection Authority (CCPA) has issued guidelines that all coaching institutes must disclose relevant information regarding their students and courses to prevent parents and candidates from being misled.
About CCPA
| Regulatory authority set up under Section 10(1) of the Consumer Protection Act, 2019 |
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1-day Finance Commissions Conclave
- The Panchayati Raj Ministry held a one-day Finance Commissions Conclave in New Delhi, themed "Devolution to Development," led by 16th Finance Commission Chairman Dr. Arvind Panagariya.
About Finance Commission
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1st India-United States Indian Ocean Dialogue
- The first India-United States Indian Ocean Dialogue was held in New Delhi. U.S. Deputy Secretary of State Kurt Campbell and Principal Deputy National Security Adviser Jon Finer took part in the event virtually.
About United States
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Economy and Banking
MoU between Ministry of Mines and IEA
- The Ministry of Mines signed an agreement with the International Energy Agency (IEA) on cooperation in the area of critical minerals.
About IEA
| Founded: 1974 | HQ: Paris, France | Deputy Executive Director: Mary Burce Warlick |
Systemically Important Banks for 2024
- The Reserve Bank of India has again designated SBI, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks for 2024.
About D-SIB framework
| The D-SIB framework mandates that systemically important banks meet extra CET1 requirements based on their assigned bucket, which reflects their Systemic Importance Score (SIS). |
Defence
Exercise Sea-Vigil-24
- The Indian Navy will conduct the 4th edition of the Coastal Defence Exercise ‘Sea-Vigil-24’ from the 21st November to the 22nd November.
| Sea Vigil was originally conceptualised in 2018 to validate and enhance measures adopted to bolster coastal defence. |
Exercise Poorvi Prahar
- The Indian Army is conducting a high-intensity tri-services exercise "Poorvi Prahar" from the 10th to the 18th of November in the forward areas of Arunachal Pradesh.
About Indian Army
| Motto: "Service Before Self" | Army Day: 15 Jan | Chief: Gen Upendra Dwivedi |
35th Triservices Commanders’ Conference
- Chief of Defence Staff, Gen Anil Chauhan chaired the 35th Triservices Commanders’ Conference (TSTCC) at Southern Naval Command, Kochi.
Chiefs of Defence Forces
| Army Chief: Lt Gen Upendra Dwivedi | Navy Chief: Admiral Dinesh K. Tripathi | Air Force Chief: Air Marshal Amar Preet Singh |
9th Edition of Exercise Garuda Shakti
- The 9th edition of the India-Indonesia Joint Special Forces “Exercise Garuda Shakti” concluded on November 12 at Mokopassus in Cijantung, Indonesia.
Additional Info:
| Samudra Shakti is a joint naval exercise between India and Indonesia |
Project Tempest
- The UK, Italy, and Japan are joining forces to develop the Project Tempest, a sixth-generation fighter jet anticipated to be operational by 2035.
Art and Culture
43rd India International Trade Fair
- The 43rd India International Trade Fair (IITF) has begun at Bharat Mandapam, New Delhi, with the theme "Viksit Bharat in 2047."
- Jharkhand is the focus state, while Bihar and Uttar Pradesh are partner states.
- NITI Aayog Member Dr. V K Paul inaugurated the Health and Family Welfare Ministry’s Health Pavilion at the event.
About NITI Aayog
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6th Arunachal Literature Festival
- Governor Lt Gen KT Parnaik (Retd) inaugurated the 6th edition of the Arunachal Literature Festival in Itanagar.
- He also released a book titled "Myth, Memory and Folktale of the Wancho Tribe of Arunachal Pradesh," co-authored by Tara Douglas from England and Jetwang Wangsa from Arunachal Pradesh.
Major Festivals of Arunachal Pradesh
| The Mopin Festival, The Losar festival, the Dree festival of Apatani, Chalo-Loku of Nocte, Solung of Adis, Ziro festival of music, Pangsau Pass Winter Festival, and Siang River Festival |
World Craft Council Event
- For the first time, Srinagar will host a three-day World Craft Council event from November 25-27, 2024, celebrating its 60th Jubilee with the theme “Craft, Creativity & Compassion.”
About World Craft Council AISBL
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Appointments
Elon Musk and Vivek Ramaswamy
- US President-elect Donald Trump appointed Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy to lead the new Department of Government Efficiency (DOGE).
Arvinder Singh Sahney
- Arvinder Singh Sahney has been appointed as chairman of Indian Oil Corporation (IOC) from November 13.
About IOC
| Founded: 30 June 1959 |
Headquarters: New Delhi |
Justice B.R Gavai
- Justice Bhushan Ramkrishna Gavai has been appointed as the new Executive Chairman of National Legal Services Authority (NALSA).
About NALSA
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Person in News
John Krasinski
- Actor and director John Krasinski was named People magazine’s “sexiest man alive” for 2024.
Important Days
World Diabetes Day
- World Diabetes Day is observed on 14th November to raise awareness about diabetes.
- Theme: "Breaking Barriers, Bridging Gaps"
| According to the Indian Council of Medical Research (ICMR) INDIAB study published in 2023, the prevalence of diabetes in India is 10.1 crore. |
Children's Day
- India celebrates Children's Day annually on November 14th in honour of Pandit Jawaharlal Nehru's birth anniversary.
About Jawaharlal Nehru
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Miscellaneous
SHERYDS and RYDR
- The Delhi Metro Rail Corporation (DMRC) has introduced two electric bike taxi services, SHERYDS and RYDR, accessible through their mobile app for last-mile connectivity.
| SHERYDS is exclusively for women, featuring female drivers for enhanced safety and empowerment. | RYDR caters to all commuters, prioritising efficient routes and reduced travel times by operating within a defined radius. |