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Daily Current Affairs: 5 January 2023 | Gkseries

Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 5 January 2023, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.

Current Affairs for Competitive Exam – 5 January 2022

The Man Behind India’s Space Dream, Satish Dhawan

The Man Behind India’s Space Dream, Satish Dhawan

Dr. Satish Dhawan: Dr. Satish Dhawan, an Indian mathematician and aeronautical engineer who lived from 25 September 1920 to 3 January 2002, was widely hailed as the “father of experimental fluid dynamics research in India.” Born in Srinagar, Dhawan was educated in India and further on in United States. Dhawan was one of the most eminent researchers in the field of turbulence and boundary layers, leading the successful and indigenous development of the Indian space programme. In 1972, he took over as the third chairman of the Indian Space Research Organization (ISRO), succeeding M. G. K. Menon.

January 2023 Current Affairs Quiz

Dr. Satish Dhawan: Education

Graduated with a Bachelor of Science in physics and mathematics, a Bachelor of Science in mechanical engineering, and a Master of Arts in English literature from the University of the Punjab in Lahore, British India (now in Pakistan).

In 1947, he completed a Master of Science degree in aerospace engineering from the University of Minnesota, Minneapolis, and an aeronautical engineering degree from the California Institute of Technology followed by a double PhD in mathematics and aerospace engineering under the supervision of his advisor Hans W. Liepmann in 1951.

Leadership Qualities of Dr. Satish Dhawan

APJ Abdul Kalam explained that in 1979 when he was the director of a Satellite Launch Vehicle, the mission failed to launch the satellite in the orbit. Instead, it was put into Bay of Bengal. Abdul Kalam’s team knew that there was a leakage in the fuel of the system, but they hoped that the leakage was negligible, and thus they thought there was enough fuel in the system. This miscalculation lead to the failure. Satish Dhawan, being the chairman at the time, called Abdul Kalam and conveyed to the press; “We failed! But I have very strong trust in my team and I believe that next time we will definitely succeed”. Abdul Kalam was astonished by this because the chairman of ISRO accepted responsibility for the disaster. In 1980, the following mission was prepared for and launched successfully. When this succeeded, Satish Dhawan told Abdul Kalam to attend the press meet without his presence. It was observed that when the team failed, he took the blame. But when the team succeeded, he attributed the success to his team, thus portraying the picture of an ideal leader.

Dr. Satish Dhawan conducted pioneering experiments in satellite communications, remote sensing, and rural education. His efforts led to operational systems like INSAT, a telecommunications satellite; IRS, the Indian Remote Sensing satellite; and the Polar Satellite Launch Vehicle (PSLV), that placed India in the league of space faring nations.

Dr. Satish Dhawan: Honours

On January 3, 2002, Dhawan passed away in Bangalore. After his passing, the Satish Dhawan Space Centre was given as the new name for the satellite launch facility in Sriharikota, Andhra Pradesh, which is roughly 100 kilometres north of Chennai in South India. Satish Chander Dhawan Government College For Boys in Ludhiana is named after him. Department of Mechanical Engineering Building at Indian Institute of Technology Ropar is also named after him as Satish Dhawan Block, IIT Ropar. The Computer Centre of Uttar Pradesh Textile Technology Institute Kanpur is also named as Prof Satish Dhawan Computer Centre in year 2019.

January 2023 Current Affairs Quiz

Dr. Satish Dhawan: Career

  • Indian Institute of Science, Bangalore
  • Senior Scientific Officer, 1951
  • Professor and Head of the Department of Aeronautical Engineering, 1955
  • Director, 1962–1981[3]
  • California Institute of Technology, US
  • Visiting Professor, 1971–72
  • National Aerospace Laboratories, Bangalore
  • Chairman, Research council, 1984–93
  • Indian Academy of Sciences
  • President, 1977–1979
  • Indian Space Research Organisation
  • Chairman, 1972–1984
  • Indian Space Commission
  • Chairman, 1972–2002

Dr. Satish Dhawan: Awards

  • Padma Vibhushan (India’s second highest civilian honour), 1981
  • Padma Bhushan (India’s third highest civilian honour), 1971
  • Indira Gandhi Award for National Integration, 1999
  • Distinguished Alumnus Award, Indian Institute of Science
  • Distinguished Alumnus Award, California Institute of Technology, 1969

Dr. Satish Dhawan: Personal life

Satish Dhawan was born on 25 September 1920 in Srinagar in the state of Jammu and Kashmir, India, in a Saraiki Hindu family. His father came from Dera Ismail Khan, and Satish Dhawan grew up in Lahore and Kashmir. He was married to Nalini Dhawan, a cytogeneticist, and his daughter Jyotsna Dhawan is serving as Senior Principal Scientist in the Centre for Cellular and Molecular Biology.

Dr. Satish Dhawan: Works

  • 1953: “Direct measurements of skin friction”, Technical Report 1121, National Advisory Committee for Aeronautics, Washington DC.
  • 1958; “Some properties of boundary layer flow during the transition from laminar to turbulent motion”, Journal of Fluid Mechanics 3(4): 418 – 36 doi:10.1017/S0022112058000094
  • 1967: “Aeronautical Research in India”, (22nd British Commonwealth Lecture), Journal of the Royal Aeronautical Society 71: 149-184.
  • 1982: “A glimpse of fluid mechanics research in Bangalore 25 years ago”, in India: Surveys in fluid mechanics, Indian Academy of Sciences (Eds. R Narasimha, S M Deshpande) 1-15.
  • 1988: Developments in Fluid Mechanics and Space Technology, (Eds. R Narasimha, APJ Abdul Kalam) Indian Academy of Sciences.
  • 1991: “Bird flight”, Sadhana Proceedings in Engineering Sciences, Indian Academy of Sciences.
  • 2000: Special Section on Instabilities, transitions and turbulence, (Ed. R Narasimha) Current Science 79: 725-883.

Jason Moo appointed as CEO of Bank of Singapore

Jason Moo appointed as CEO of Bank of Singapore

Bank of Singapore: Oversea-Chinese Banking Corporation (OCBC) subsidiary Bank of Singapore (BoS) has announced the appointment of Jason Moo as its new CEO. Following an article from Bloomberg on December 26, 2022, BoS made an announcement. Moo will succeed Bahren Shaari officially from March 6 onwards.

January 2023 Current Affairs Quiz

Past career of Jason Moo:

Moo comes with over 25 years of experience in private banking, wealth management and capital markets. This includes time spent in New York, Hong Kong, and Singapore in addition to 22 years with Goldman Sachs. Moo served as the CEO of Goldman Sachs from 2017 until 2019. (Singapore). Moo joins BoS from Julius Baer where he was head of private banking, Southeast Asia and branch manager Singapore. Aside from Singapore, he has also worked in New York and Hong Kong. Shaari was appointed CEO in 2015. Under his leadership, the bank successfully integrated Barclays Asia after the acquisition, and grew its assets under management from US$55 billion to US$109 billion as at September 30 2022.

The Bank of Singapore

The private banking division of OCBC Bank is called The Bank of Singapore. It was formerly known as ING Asia Private Bank, and OCBC Bank purchased it from ING Group in 2009 for US$1.46 billion. As of 30 September 2022, Bank of Singapore’s assets under management was US$109 billion.  The Bank of Singapore serves high net worth individuals and wealthy families in its key markets of Asia, Greater China, the Indian subcontinent and other international markets.

RBI Survey for Price Movements, Inflation Assessment Launched

RBI Survey for Price Movements, Inflation Assessment Launched

RBI Survey for Price Movements, Inflation Assessment Launched: The Reserve Bank of India has launched the Inflation Expectations Survey of Households (IESH) which will provide useful inputs for monetary policy. The survey will be conducted in 19 cities in the January 2023 round. It aims to capture subjective assessments of price movements and inflation, based on individual consumption baskets.

January 2023 Current Affairs Quiz

Places Where It Will Be Conducted:

Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi, and Thiruvananthapuram are among the cities where the survey would be carried out.

Through Which It Will Be Conducted:

The agency — Hansa Research Group, Mumbai — has been engaged to conduct the survey of this round on behalf of the ventral bank.

How The Survey Will Be Conducted:

The selected households will be approached by the agency and they will be requested to provide their response. Other individuals, who are not approached by the agency, can also participate in this survey by providing their responses using the linked survey schedule.

Significance of The Survey:

The survey seeks qualitative responses from households on price changes (general prices as well as prices of specific product groups) in the three months ahead as well as in the one-year ahead period and quantitative responses on current, three months ahead and one year ahead inflation rates.

About The Previous Survey:

The September 2022 round of Inflation Expectations Survey of Households (IESH) aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities.

Election Commission appointed Maithili Thakur as Bihar’s state icon

Election Commission appointed Maithili Thakur as Bihar’s state icon

Election Commission appointed Maithili Thakur as Bihar’s state icon: The Election Commission named Maithili Thakur, a folk musician, as the state symbol for Bihar. Voters will become more aware of the need of participating in the electoral process thanks to the singer. This recognition will give her (Maithili) more impetus to spread Bihar’s folk music across continents and generate awareness about the importance of participating in the electoral process.

January 2023 Current Affairs Quiz

About the Maithili Thakur:

Their father and grandparents taught Maithili, who was born in the Madhubani district of Bihar, as well as her two brothers, folk, tabla, harmonium, and Hindustani classical music. She has rendered traditional folk songs of Bihar in Maithili, Bhojpuri and Hindi. Thakur, trained in Indian classical and folk music, was recently selected for the Ustad Bismillah Khan Yuva Puraskar of the Sangeet Natak Akademi for her contribution to the folk music of Bihar for 2021.

Important takeaways for all competitive exams:

  • Bihar Governor: Phagu Chauhan;
  • Bihar Chief minister: Nitish Kumar;
  • Bihar Capital: Patna

Zeliangrong Community Celebrated Gaan Ngai Festival in Manipur

Zeliangrong Community Celebrated Gaan Ngai Festival in Manipur

Zeliangrong Community Celebrated Gaan Ngai Festival in Manipur: In Manipur, the Zeliangrong Community’s Gaan Ngai was observed. The Gaan Ngai festival is one of the major festivals of Manipur which is celebrated every year after harvesting. The celebration also commemorates the harvest season when farmers have finished storing their crops in granaries for the year. During the festival, the Zeliangrong Community shows their gratitude by offering the Almighty a good harvest and praying for a better and prosperous life in the coming year.

January 2023 Current Affairs Quiz

It is a custom to produce new fire by rubbing dry wood and split bamboo pieces and distributing them to every household on the day of the festival to mark the beginning of the new year.

Gaan Ngai Festival: Relevance

It is a post-harvest festival known as Gaan Ngai. It is mainly performed by the followers and devotees of the Zeliangrong Indigenous religion of ‘Poupei Chapriak’ and ‘Heraka’.

Gaan Ngai Festival: Celebrations

Gaan Ngai is traditionally celebrated in the month of ‘Gaan-Bu’ of the indigenous calendar of the Rongmei Naga tribe which typically falls in the Gregorian month of November or December. Assam celebrates Gaan Ngai on the day determined by the local Rongmei Naga Calendar. In Manipur, Gaan Ngai is celebrated on the 13th day of the Manipur month of “Wakching” of the Meetei Manipur Calendar with the festival being a state holiday in Manipur.

HDFC Bank collaborates with Microsoft as part of its digital transformation

HDFC Bank collaborates with Microsoft as part of its digital transformation

HDFC Bank collaborates with Microsoft as part of its digital transformation : HDFC Bank, India’s largest private sector bank, is partnering with Microsoft in the next phase of its digital transformation journey and unlocking business value by transforming the application portfolio, modernizing the data landscape and securing the enterprise with Microsoft Cloud. As part of its Future Ready strategy, HDFC Bank is working to co-create technical intellectual property with a number of businesses, including FinTechs. HDFC Bank as a part of its Future Ready strategy is developing in house IPs as well as partnering with several companies including FinTechs’ to co -create technology IPs.

January 2023 Current Affairs Quiz

The bank will leverage Microsoft Azure to consolidate and modernize its enterprise data landscape through a Federated Data Lake to scale its information management capabilities across enterprise reporting, and advanced analytics using artificial intelligence. Built on Microsoft Azure stack, the solution will enable the bank to democratize and monetize its data landscape catering to several business units, spanning multiple systems, reports and processes. The solution powered by its unified architecture, collaborative engineering environment, industry-leading security and ecosystem of AI/ML based deep learning capabilities.

China Becomes First Country in Asia to Launch Hydrogen Powered Train

China Becomes First Country in Asia to Launch Hydrogen Powered Train

China Becomes First Country in Asia to Launch Hydrogen Powered Train: China’s CRRC Corporation Ltd. Launched a hydrogen urban train, and it is the first in Asia and the second such train in the world. Germany introduced green trains a few months back. The hydrogen trains have a speed of 160 km per hour and the operational range without refueling is 600 km.

The 1175 km range of the trains that Germany debuted is a record. The Indian Railway on the other hand is moving fast to induct the ‘World’s Greenest Train’ soon.

January 2023 Current Affairs Quiz

By December 2023, India will have its first indigenous hydrogen trains. Railway Minister Ashwini Vaishnav informed that Indian Railways is working on new environment-friendly trains and the engineers are designing them.

China Becomes First Country in Asia to Launch Hydrogen-Powered Train- Key Points

  • The hydrogen train was developed ok the basis of a high-speed platform and includes 4 cars with it.
  • CRRC also introduced such a shunting locomotive in 2021 and hydrogen trams were produced earlier in the mid-2010s.
  • The train will also get Digital solutions from the CRRC including GoA2 automation, component monitoring sensors, and 5G data transmission equipment.
  • It is expected that the operation of the train will reduce CO2 emissions compared to diesel traction by 10 tons per year.

World’s First Hydrogen Train

Germany became the first nation to run a fleet of passenger trains fueled by hydrogen. The German government has informed that 15 diesel trains will be replaced.

These trains were previously being operated on tracks that lacked electric supply in Lower Saxony, Germany. The fleet comprises 14 trains, which use fuel cells to generate power, making it the cleanest-greenest train fleet ever.

50 Electric Buses launched in Delhi under FAME India Phase II scheme

50 Electric Buses launched in Delhi under FAME India Phase II scheme

FAME India Phase II scheme: With assistance from the Ministry of Heavy Industries’ FAME India Phase II programme, 50 electric buses were introduced in Delhi. In 2019, the government approved Rs 10,000 crore for a period of three years. Out of total budgetary support, about 86 percent of the fund has been allocated for incentives so as to create demand for electric vehicles. Electric Vehicles are vehicles that are partially or fully powered on electric power. They have low running costs and are also very environmentally friendly as they use little or no fossil fuels (petrol or diesel). These vehicles can solve the problems of increasing pollution, global warming, depleting natural resources etc.

January 2023 Current Affairs Quiz

Important facts:

  • According to Mahendra Nath Pandey, the Union Heavy Industries Minister, the government has ordered 3,538 electric buses. Of these, a total of 1,716 buses have been deployed so far.
  • The Union Territory of Delhi had sanctioned 400 electric buses – 300 to the Delhi Transport Corporation (DTC) for intra-city operations and 100 to the Delhi Metro Rail Corporation (DMRC) for last-mile connectivity – in August 2019.
  • A total of 250 buses have already been deployed by DTC and now the remaining 50 buses have been launched fulfilling MHI’s commitment of providing 300 electric buses to DTC.

FAME India Scheme:

  • The Government formulated a Scheme namely FAME India (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) in 2015, to improve the infrastructure required for the large-scale use of electric vehicles.
  • This programme aims to have 60-70 lakh hybrid and electric cars and trucks on the nation’s roads by the year 2022. This will reduce the consumption of about 950 crore litres of petrol and diesel, which will also save Rs 62 thousand crores spent on this.
  • Reducing pollutants and greenhouse gas emissions is the main goal of this plan. From April 1, 2019, Phase-II of the FAME India Scheme will be in effect for 3 years.
  • The Phase-I of this Scheme was launched for a period of 2 years from 1st April 2015, which was extended from time to time and the last extension was allowed up to 31st March 2019.

BharatPe appoints Nalin Negi as interim CEO

BharatPe appoints Nalin Negi as interim CEO

BharatPe appoints Nalin Negi as interim CEO: The chief executive of digital payments startup BharatPe, Suhail Sameer, will transition from his current role and become a strategic advisor to the company, effective January 7. Its chief financial officer (CFO) Nalin Negi, who was brought in from SBI Cards in August, will be the interim CEO, the company said in a statement on Tuesday.

January 2023 Current Affairs Quiz

The troubled startup’s board of directors has retained a leading executive search firm to assist with succession planning and search for a new CEO.

Negi has previously worked at GE Capital and SBI Card. He was the CFO of SBI Card for over ten years. BharatPe was founded in March 2018.

BharatPe Board Chairman: Rajnish Kumar 

Bandhan Bank launched ‘Jahaan Bandhan, Wahaan Trust’ campaign

Bandhan Bank launched ‘Jahaan Bandhan, Wahaan Trust’ campaign

Bandhan Bank launched ‘Jahaan Bandhan, Wahaan Trust’ campaign: Bandhan Bank has launched its integrated marketing campaign featuring its brand ambassador, cricketing legend Sourav Ganguly. The ‘Jahaan Bandhan, Wahaan Trust’ campaign emphasises the ‘trust’ that the brand has been able to earn in a span of seven years as a Bank and over the last two decades in the various avatars prior to the Bank.

January 2023 Current Affairs Quiz

The campaign was conceptualised by Leo Burnett Orchard. Bandhan was constituted in 2001 as a not-for-profit entity. The RBI had accorded ‘universal banking licence’, following which the Bank has started operating on August 23, 2015.

Objective: To bring in financial inclusion and women empowerment.

Bandhan Bank headquarters: Kolkata

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