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DAILY PRELIMS BOOSTER 10th JANUARY 2022

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    DAILY PRELIMS BOOSTER 10th JANUARY 2022

    B.N.Srikrishna Committee: The Committee was constituted by the union government in July 2017, to deliberate on a data protection framework. The ten-member committee was tasked with studying and identifying key data protection issues and recommend methods for addressing them. The committee recommends that processing (collection, recording, analysis, disclosure, etc) of personal data should be done only for “clear, specific and lawful” purposes. Only that data which is necessary for such processing is to be collected from anyone. The committee recommends giving “data principals” (persons whose personal data is being processed) the ‘right to be forgotten’.

    Gross Value Addition: is defined as the value of output minus the value of intermediate consumption and is a measure of the contribution to growth made by an individual producer, industry or sector. It provides the rupee value for the number of goods and services produced in an economy after deducting the cost of inputs and raw materials that have gone into the production of those goods and services.

    Veer Baal Diwas: December 26 would be celebrated as “Veer Baal Diwas”. The day will be celebrated to pay tribute to Sahibzades, that is, the four sons of Guru Gobind Singh. It was on the same day Sahibzada Fateh Singh and Sahibzada Zorawar Singh attained martyrdom. They were sealed alive in wall. They preferred death rather than following a non – dharmic path. The four Sahibzades never bowed to injustice. They wanted to create a harmonious world.

    Asian Infrastructure Investment Bank: is a multilateral development bank with a mission to improve social and economic outcomes in Asia. It is headquartered in Beijing and began its operations in January 2016. The members to Bank have now grown to 97 approved members worldwide. There are 27 prospective members including Armenia, Lebanon, Brazil, South Africa, Greece, etc. Fourteen of the G-20 nations are AIIB members including France, Germany, Italy and the United Kingdom. Forber RBI governor Urjit Patel has been appointed as vice president.

    Jallikattu: is a competitive sport as well as an event to honour bull owners who rear them for mating. It is a violent sport in which contestants try to tame a bull for a prize; if they fail, the bull owner wins the prize. It is popular in Madurai, Tiruchirappalli, Theni, Pudukkottai and Dindigul districts of Tamil Nadu known as the Jallikattu belt. It is celebrated in the second week of January, during the Tamil harvest festival, Pongal.

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