Daily GK Update: 11th July 2020

“IOC headquarters receives US Green Building Council Leadership Award”

  • Olympic House, the International Olympic Committee’s (IOC) headquarters, has received the European 2020 US Green Building Council (USGBC) Leadership Award.
  • The award has been given to five organisations that are “a model for how Leadership in Energy and Environmental Design (LEED) can be used to improve communities, support human health and well-being and contribute to a more sustainable future for all”.
  • Inaugurated on 23 June 2019, Olympic House is powered by renewable energy, part of which is produced on site.
  • Ninety-five per cent of Olympic House construction waste was recycled, while more than 95 per cent of the former IOC building was recycled or reused.

Source: Inside The Games

“World Population Day, 2020: India’s Concerns”

  • When the world’s population reached 5 billion on 11 July 1987, it was observed as the “Five Billion Day” by the United Nations.
  • Taking inspiration from this,the then Governing Council of the United Nations’ Development Program for the first time in 1989 launched an initiative to observe 11 July as the World Population Day every year to garner world’s attention towards the urgency and importance of population issues.
  • With the current global population at 7.8 billion, and an estimate of 9 billion people by 2050,the massive surge in the population is identified to be the causal factor of developmental concerns in several countries.
  • It becomes more conspicuous for the developing and lesser developed countries.

Source: Times Of India

“Union Bank of India CMD Rajkiran Rai gets 2-year extension”

  • The Ministry of Finance, on June 30, granted Union Bank of India’s managing director and CEO Rajkiran Rai an extension of two-year given in its ongoing merger process with Andhra Bank and Corporation Bank.
  • Rai, whose term would have ended yesterday, will now be serving till May 31, 2022.
  • By extending the term period, he will hold the position of bank’s MD &CEO till the date of his superannuation, i.e., May 31, 2022 or until further order from the Ministry of Finance.
  • Rai was appointed as the managing director of Union Bank on July1, 2017 for a period of 3 years until June 30, 2020.

Source: The Economics Times

“Akash Missile: All about India’s first home-made supersonic missile”

  • Akash is India’s first indigenously produced medium range Surface to Air missile that can engage multiple targets from multiple directions.
  • The all-weather missile can engage targets at a speed 2.5 times more than the speed of sound and can detect and destroy targets flying at low, medium and high altitudes.
  • The Akash missile system has been designed and developed as part of India’s 30-year-old integrated guided-missile development programme (IGMDP) which also includes other missiles like Nag, Agni, Trishul and Prithvi.
  • The missile is unique in the way that it can be launched from mobile platforms like battle tanks or wheeled trucks.

Source: The Economic Times

“In clear message to China, India to invite Australian Navy for Malabar drill”

  • India plans to invite Australia to join the annual Malabar naval exercise that has so far included just Japan and the U.S., in a move that could risk China’s ire.
  • The decision to include Australia in the drills — the first time all members of the regional grouping known as the Quad will be engaged at a military level — comes as Beijing and New Delhi are caught up in their worst border tensions in four decades.
  • The exercise will bring together the navies of India, Japan, Australia and the U.S. in the Bay of Bengal at the end of the year, according to senior Indian officials who asked not to be identified, citing rules.
  • New Delhi is expected to clear the way next week for a formal invitation to Australia following final government clearance and consultations with the U.S. and Japan, the officials said.

    Source: The Economic Times

“Indian battalion wins UNIFIL environment award”

  • An Indian battalion stationed with the United Nations Interim Force in Lebanon (UNIFIL) has won an environment award for a project that aims to decrease waste generation, reuse plastic, build green houses and compost pits.
  • UNIFIL’s Indian Battalion (INDBATT) was adjudged first for a project that seeks to “increase awareness and decrease waste generation by planting seedlings in their positions and areas of responsibility, preventing littering, reusing plastic bottles, building green houses and building compost pits,” a press release from UNIFIL said.
  • UNIFIL Head of Mission and Force Commander Major General Stefano Del Col gave the annual environmental awards to seven Missions entities for initiating and implementing innovative projects to preserve environment.
  • The IMC mechanical organic composting machine has the capacity to produce 20 tons of compost every day, the release said.

Source: The Tribune India

“Largest ever camera trap wildlife survey’: India’s 2018 Tiger Census sets Guinness World Record”

  • India’s 2018 tiger census has made a world record of being the largest ever camera trap wildlife survey.
  • The census has entered the Guinness Book of World Record.
  • The fourth edition of the census, which was carried out between 2018-19, was “the most comprehensive to date, in terms of both resource and data amassed,” mentions the Guinness Book of World Record on its website.
  • Environment minister Prakash Javadekar reacted to the feat and said that the aim is to double the numbers achieved four years before target.

Source: Hindustan Times

“Union Bank reduces MCLR by 20 bps across tenors”

  • State-run Union Bank of India on Friday announced reduction in its marginal cost of funds-based lending rate (MCLR) by 20 basis points across tenors.
  • The revised one-year MCLR stands at 7.40 per cent against 7.60 per cent earlier, the bank said in a release.
  • Three-month and six-month MCLRs have been cut to 7.10 per cent and 7.25 per cent, respectively.
  • This is the thirteenth consecutive rate cut by the lender since July last year.

Source: The Economic Times

“Hamirpur’s Nadaun police station among the best in India”

  • Nadaun police station in Hamirpur district has been ranked the best in Himachal in the annual ranking of police stations for 2019.
  • Chief Minister Jai Ram Thakur congratulated the state police in general and Nadaun police station in particular for being ranked among the best police stations of the country and the best police station of the state.
  • The annual ranking gives an insight into the functioning of the police and provides valuable inputs to formulation of public policy in the wider realm of internal security.
  • The criteria for ranking include standard of service delivery, identifying techniques of improvement in policing, addressing of cases and infrastructure.

Source: The Tribune India

“DCGI gives nod for ‘restricted emergency’ use of Itolizumab injection on COVID-19 patients”

  • The Drug Controller General of India (DCGI) granted permission for the ‘restricted emergency’ use of Itolizumab injection on moderate to severe COVID-19 patients amid the rising number of cases across India.
  • The DCGI gave approval to the use of this injection on COVID-19 patient based on clinical trials data.
  • Itolizumab (rDNA origin) is a monoclonal antibody that is already an approved drug of Biocon for severe chronic plaque psoriasis.
  • Biocon has been manufacturing and marketing this drug for the treatment of patients with moderate to severe chronic plaque psoriasis since 2013 under brand name Alzumab.

Source: Zee News