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DAILY GK DOSE 27th MAY -2024 CURRENT AFFAIRS

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DAILY DOSE 27th MAY -2024 CURRENT AFFAIRS

 

1) Gopi Thotakura : First Space Tourist From India

  • Gopi Thotakura, an India-born commercial pilot based in the US, became the first space tourist from India. She, along with five other space tourists, made a short recreational trip to space.
  • Space tourism is a niche segment of the aviation industry that seeks to give tourists an experience of space travel for recreational, leisure, or business purposes.
  • Space travel begins at about 100 km altitude from Earth, after crossing the Karman line, which is widely accepted as the boundary line separating the Earth’s atmosphere from outer space.
  • Anything flying below this altitude is called an aircraft while those crossing this line get classified as a spacecraft.

2) Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan Scheme:

  • The Ministry of Renewable Energy recently issued a warning to farmers on PM-KUSUM website against fake websites and mobile applications that provide fake online application forms and demand registration fees for installing solar water pumps under PM Kusum scheme.
  • PM-KUSUM Scheme was launched in 2019 for de-dieselisation of the farm sector and enhancing the income of farmers.
  • It is aimed at ensuring energy security for farmers in India, along with honouring India’s commitment to increase the share of installed capacity of electric power from non-fossil-fuel sources to 40% by 2030 as part of Intended Nationally Determined Contributions (INDCs).
  • It aims to add Solar capacity of about 34,800 MW by March 2026 with the total Central Financial support of Rs 34,422 crore.
  • Ministry of New and Renewable Energy (MNRE). It is being implemented by the designated departments of the State Government.

 

3) Omega-3 Fatty Acids:

  • A recent study challenges the perceived heart health benefits of fish oil supplements rich in omega-3 fatty acids, raising concerns about their impact on cardiovascular health.
  • Fatty Acids are the building blocks of the fat in our bodies and in the food we eat.
  • During digestion, the body breaks down fats into fatty acids, which can then be absorbed into the blood.
  • Fatty acid molecules are usually joined together in groups of three, forming a molecule called a triglyceride.
  • Triglycerides are also made in our bodies from the carbohydrates that we eat.
  • The two main types of fatty acids are saturated fat and unsaturated fat.

 

4) Pre-Packaged Insolvency Resolution Process:

  • The Pre-packaged Insolvency Resolution Process (PPIRP) has resulted in the full settlement of operational creditors’ claims in five cases.
  • Pre-packaged Insolvency Resolution Process was introduced in April 2021 in the wake of Covid pandemic, to deal with stress of small and mid-sized companies.
  • The idea was that resolution of distressed MSMEs requires different treatment due to the unique nature of their businesses.
  • Pre-packaged insolvency process is an alternate and speedier resolution mechanism for micro, medium and small enterprises in financial distress.
  • It involves the debtor and its creditors negotiating and agreeing on a resolution plan before initiating the formal insolvency process.
  • Once approved by the creditors, the pre-packaged resolution plan is submitted to the National Company Law Tribunal (NCLT) for approval.
  • It is similar to an out-of-court settlement process.

 

5) Cost Inflation Index:

  • The income tax department has notified the Cost Inflation Index for the current fiscal beginning April 2024.
  • Cost Inflation Index is used to adjust the purchase price of assets on the basis of inflation.
  • It is notified under the Income-tax Act, 1961 every year.
  • It helps an individual to ascertain the inflation-adjusted current price of an asset.
  • It also helps in calculating capital gains from a transfer or sale of capital assets after taking inflation into account.
  • Capital gain refers to the profit acquired from the sale/transfer of any capital assets, including land, property, stocks, shares, trademarks, patents, etc.
  • Normally, an asset is required to be retained for more than 36 months (24 months for immovable property and unlisted shares, 12 months for listed securities) to qualify as ‘long-term capital gains’.
  • It helps taxpayers offset the impact of inflation as the difference between the purchase and sale price could be substantial due to rising prices.

 

6) Shallow Aquifer Management:

  • The Greater Hyderabad Municipal Corporation (GHMC) in a latest intervention has taken up Shallow Aquifer Management (SAM) model on a pilot basis in the city.
  • Shallow Aquifer Management is a sustainable urban water management technique and addresses persistent issues of groundwater depletion, drying up of borewells and check quick flooding of city streets.
  • The project’s concept is to drill shallow water injection borewells to a depth of 100-120 feet and pump out water in the shallow aquifers.
  • This is done so that the layers underneath get recharged whenever there is rainfall, while collecting water from the surrounding watershed and channelling it through recharge pits.
  • Thus, the underground layers are recharged, and water table rises.
  • It is part of Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme of the Ministry of Housing and Urban Affairs.

 

7) World Thyroid Day 2024:

  • World Thyroid Day is observed annually on May 25th to raise awareness about the thyroid gland and the various conditions that affect it.
  • The thyroid is a small, butterfly-shaped gland located at the base of the neck, just below the Adam’s apple.
  • It’s a part of your endocrine system and controls many of your body’s important functions by producing and releasing thyroid hormones, like thyroxine (T4) and triiodothyronine (T3).
  • These hormones affect every cell in the body.
  • They support the rate at which the body uses fats and carbohydrates.
  • They help control body temperature.
  • They have an effect on heart rate.
  • They help control how much protein the body makes.

 

8) Zero Debris Charter:

  • Twelve nations signed the Zero Debris Charter at the ESA/EU Space Council, committing to making space activities debris-neutral by 2030.
  • The signatories include Austria, Belgium, Cyprus, Estonia, Germany, Lithuania, Poland, Portugal, Romania, Slovakia, Sweden, and the United Kingdom, alongside the European Space Agency (ESA) as an International Organisation.
  • This initiative, first introduced at the ESA Space Summit in November 2023, aims to lead global efforts in space debris mitigation and remediation.
  • The Zero Debris Charter aims to achieve debris-neutrality in space by 2030.

 

9) IPL 2024:

  • Kolkata Knight Riders lifted their third trophy in the Indian Premier League with a crushing eight-wicket win over Sunrisers Hyderabad in a completely one-sided final yesterday.
  • Having lost the toss, KKR produced a clinical effort with the ball to dismiss SRH for 113, the lowest-ever total in an IPL title clash. Mitchell Starc was declared Player of the Match.
  • Harshal Patel of Punjab Kings (PBKS) won the Purple Cap, taking 24 wickets.
  • Royal Challengers Bangalore’s (RCB) Virat Kohli claimed the Orange Cap with 741 runs.
  • Nitish Kumar Reddy, with 303 runs, was named Emerging Player of the Season.
  • Sunil Narine was awarded both the Most Valuable Player and Ultimate Fantasy Player of the Season.

 

10)  Dipa Karmakar clinches India’s first-ever gold medal in women’s pole vault at the Asian Championships in Tashkent:

  • Dipa Karmakar scripted history clinching India’s first-ever gold medal at the Asian Championships in Tashkent, Uzbekistan.
  • The 30-year-old Olympian registered an average score of 13.566 in the women’s Vault final.
  • This is the first time that an Indian gymnast has won a gold medal in any event at the Asian Championships.

 

 

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