May 5 2023 Flashcards
(1) has achieved a significant milestone in the power sector by expanding its installed capacity to 72,304 MW.
This growth includes the recent integration of the 660 MW Unit-1 of the MSTPP in (2) , marking NTPC’s first overseas capacity addition.
3. Expand MSTPP
4. MSTPP is a joint venture between NTPC and the __, is expected to generate electricity for their population while bolstering economic and social ties between the both countries.
5. The 1,320 MW (2x660) MSTPP project was executed in collaboration with the BIFPCL, a foreign joint venture of NTPC Ltd. Expand BIFPCL.
- NTPC Group
- Rampal, Bangladesh
- Maitree Super Thermal Power Plant
- Bangladesh Power Development Board
- Bangladesh-India Friendship Power Company Pvt Ltd.
NTPC
1. Expand
2. Established year
3. Headquarters
4. __ is the Chairman & Managing Director of NTPC Limited since 2016.
5. NTPC Limited is a public sector undertaking in the Indian power sector. TRUE/FALSE
6. NTPC has a presence in several countries, including Bangladesh, Sri Lanka, and Nepal, through collaborations and joint ventures. TRUE/FALSE?
- National Thermal Power Corporation 2. 1975
- New Delhi
- Gurdeep Singh
- True
- True
(1) , Sri Lanka’s largest telecommunications provider and a subsidiary of (2) , has announced a binding term sheet with India’s (3) for the merger of their Sri Lankan subsidiaries.
- Dialog Axiata
- Malaysian Axiata
- Bharti Airtel
- The PESB recommended Central Coalfields CMD __ as the next Chairman and Managing Director of CIL.
- Expand PESB
- Expand CMD
- Expand CIL
- __ India’s largest coal miner accounting for almost 80 per cent of the mined commodity.
- CIL established year
- Headquarters
- Polavarapu Mallikharjuna Prasad
- Public Enterprises Selection Board
- Chief Managing Director
- Coal India Limited
- CIL
- November 1975
- Kolkata
- RBI and the BIS have announced the launch of the __, a global competition aimed at improving cross-border payments through innovative technology solutions. The fourth edition of the competition was unveiled on May 4, and it is open to global innovators.
- This will focus on three problem statements formulated by the BISIH and RBI.They are?
- Expand BIS
- BISIH
- G20 TechSprint 2023
- (1)Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT)
(2) Sanctions technology solutions to reduce illicit finance risk, forex (FX), and liquidity technology solutions to enable settlement in emerging market and developing economy (EMDE) currencies
(3) Technology solutions for multilateral cross-border central banking digital currency (CBDC) platforms. - Bank for International Settlements
- BIS Innovation Hub
BIS
1. Expand
2. Established in which year?
3. What is BIS?
4. BIS is the world’s oldest international financial organization. TRUE/FALSE
5. Headquarters and Representative Offices
6. Its membership includes __ central banks from around the world, representing countries that account for about __%of global GDP.
7. The BIS’s mission is?
- Bank for International Settlements
- 1930
- It is an international financial institution owned by central banks that facilitates cooperation among central banks and other agencies in pursuit of monetary and financial stability.
- True
- Headquartered in Basel, Switzerland, and has representative offices in Hong Kong and Mexico City.
- 63, 95%
- to promote international monetary and financial cooperation and to serve as a bank for central banks.
- GCL, a joint venture between FIDE and Tech Mahindra, announced __ as the venue for the inaugural edition.
- Expand GCL
- Expand FIDE
- Dubai
- Global Chess League
- International Chess Federation
- __ as a global tourism hotspot, the Uttar Pradesh government is planning to develop a theme park __ modelled on Disneyland to narrate the story of Lord Ram.
- The deliberate transformation of Ayodhya is estimated to value Rs 30,000 crore to the exchequer below ‘__’ theme.
- UP CM
- Capital
- Governor
- Ayodhya, Ramaland
- Ayodhya Imaginative and prescient 2047
- Yogi Adityanath
- the state capital being Lucknow and Allahabad (Prayagraj) serving as the judicial capital.
- Anandiben Patel
- India and __ have signed a Memorandum of Understanding (MoU) on industrial research and development cooperation, marking a significant milestone in their scientific and technological partnership.
- Capital
- Prime Minister
- Israel
- Jerusalem
- Benjamin Netanyahu
American regulators announced that (1) Bank had been taken over and that an agreement had been reached to sell the bank to (2)
- First Republic Bank
- JPMorgan Chase & Co.
- Former judge of the Karnataka High Court,__, has been appointed by the Delhi High Court as the administrator of the BFI to conduct elections in the organization.
- Expand BFI
- Founded year
- Headquarters
- P Krishna Bhat
- Basketball Federation of India
- 1950
- New Delhi
RBI Publishes 2022-23 ‘__’ Report with Focus on Climate Change
Currency and Finance
- AdaniConneX, a company owned by Adani Enterprises and EdgeConneX, is constructing an Integrated Data Center and Technology Business Park in __ with the goal of boosting the local technology ecosystem.
- Managing Director of Adani Group
- Madhurawada, Vizag
- Rajesh Adani
PM Gati Shakti
1. Launched year
2. Investment
3. 6 Pillars of Gati Shakti
4. Need for the Scheme
5. To ensure project progress, a monitoring group under the DPIIT will oversee key projects in real-time and report any inter-ministerial issues to a group of ministries responsible for resolving them. Expand DPIIT
- 2019
- Rs 110 lakh crore
- (1) Centralization: The Gati Shakti platform will integrate all current and future initiatives from various Ministries and Departments, providing a centralized portal. This will enable critical data sharing and comprehensive project execution planning.
(2) Prioritization: Through cross-sectoral interactions, Ministries will be able to prioritize projects based on critical gaps identified in the National Master Plan.
(3) Optimization: The platform will assist in selecting the most cost and time-effective route for transportation, improving project planning and execution.
(4) Coordination: By synchronizing the activities of each department, the platform will ensure coordination and cooperation between different layers of governance, preventing project delays caused by siloed working.
(5) Analysis: The GIS-based spatial planning and analytical tools of the platform, which incorporate over 200 layers, will provide better visibility to executing agencies.
(6) Real-time Monitoring: Ministries and Departments can monitor the progress of cross-sectoral projects using the GIS platform’s satellite imagery, and project progress will be regularly updated on the portal. This will enable the identification of critical interventions to enhance and update the master plan. - Lack of coordination and advanced information sharing leads to a gap between macro planning and micro implementation, with departments working in silos.
Logistics costs in India are estimated to be around 13-14% of GDP, which is high compared to developed economies and reduces the competitiveness of India’s exports.
The scheme aims to create quality infrastructure for sustainable development, leading to increased economic activities and employment opportunities.
The Gati Shakti scheme is in synergy with the National Monetisation Pipeline (NMP) and will provide a framework for monetization to generate investor interest.
The integrated transport connectivity strategy will support the ‘Make in India’ initiative and connect different modes of transport.
The scheme aims to address issues such as lack of demand in the post-Covid-19 scenario and slow implementation of projects due to land acquisition delays and litigation issues. - Department of Promotion of Industry and Internal Trade
The Defence Minister of India, Rajnath Singh, and his Maldivian counterpart, Mariya Didi, initiated the construction of a harbour at __ for the coast guard of Maldives.
Sifavaru
