Daily Current Affair - UPSC/KAS Exams - 29th Nov 2021
KADALEKAYI PARISHE
NEWS
Historical ‘Kadalekai Parishe’ begins with strict Covid curbs
ABOUT
- Basavanagudi Festival/Groundnut Festival
- Started in the year 1537 AD
- Peanut fields in those times were savagely destroyed by the raging bull at night. The roving bull that ravaged the cultivation farms, was claimed to be the Lord Shiva’s vehicle, Nandi.
- Kempe Gowda who fortified the Indian state of Karnataka decided to appease the sacred Hindu demi-god, and dedicated a temple to ‘Dodda Basava’ (popularly known as The Nandi Temple) on top of the Basavanagudi hillock and installed the sacred bull.
- As a ritual, farmers offer prayers to Nandi and follow the auspicious ritual of offering the first harvest of groundnuts to Him.
- Held on the last Monday of Kartika month each year, farmers in large numbers congregate at the Bull Temple Road, Basavanagudi.
- Farmers congregate at the Bull Temple each year to seek blessings for a good harvest.
- Heaps of different varieties and qualities of groundnuts spring up in the area surrounding the Bull Temple, the Dodda Ganesha Shrine, and the Bugle Rock Park in Basavanagudi, one of Bengaluru’s oldest suburbs.
POLITY & GOVERNANCE
PARLIAMENT WINTER SESSION
NEWS
Parliament Winter session Begins
ABOUT
- What is Session of the Indian Parliament - Period during which a House
- The process of calling all members of the Parliament to meet is called Summoning of Parliament
- President summons Parliament.
SESSIONS
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Budget Session
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Monsoon Session
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Winter Session
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- Held from February to May every year.
- Budget is usually presented on the last working day of the month of February.
- Generally split into two periods with a gap of one month between them.
- Starts with the President’s Address to both Houses.
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- Held in July to September every year.
- After a break of two months after the budget session.
- Matters of public interest are discussed.
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- Held in mid-November to mid-December every year.
- Shortest session of all.
- Takes up the matters that could not be considered upon earlier and makes up for the absence of legislative business during the second session of the Parliament.
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ECONOMY
CRYPTOCURRENCY : BASIC DEFENITIONS
WHAT IS A CRYPTOCURRENCY:
- Medium of exchange
- Is digital in format
- Uses encryption techniques to both control the creation of monetary units and to verify the exchange of money
- Bitcoin
- Considered to be the world’s best known cryptocurrency
- Largest in the world according to market capitalisation
- A chain of private computers is constantly working towards authenticating the transactions by solving complex cryptographic puzzles. For solving the puzzles, these systems are rewarded with cryptocurrencies. This process is called mining.
WHAT IS BLOCKCHAIN: Satoshi Nakamoto — the person (or a group of people) who is said to have conceptualised an accounting system in the aftermath of the 2008 financial crisis — had mooted an idea where the transactions and the value of money would be recorded digitally on a publicly available and open ledger that contains all the transactions ever made, albeit in an anonymous and encrypted form. This ledger is called the blockchain.
WHAT ARE STABLECOINS:
- Digital currencies
- Backed by a fiat currency such as the US dollar, thus giving it an intrinsic value
- From an investor point of view, stablecoins become easier to understand considering the underlying reserve asset
SOCIAL ISSUES
NATIONAL CADET CORPS
NEWS
73 annual rising day of National Cadet Corps celebrated
ABOUT NCC
- Youth wing of the Indian Armed Forces
- Headquarters - New Delhi, India.
- Open to school and college students on voluntary basis as a Tri-Services Organisation, comprising the Army, the Navy and the Air Wing
- Engaged in grooming the youth of the country into disciplined and patriotic citizens.
- Soldier youth foundation in India is a voluntary organization which recruits cadets from high schools, higher secondary, colleges and universities all over India.
- The Cadets are given basic military training in small arms and drill.
- The officers and cadets have no liability for active military service once they complete their course
PERSONS IN NEWS
RANI KAMALAPATI
NEWS
Recently, Habibganj railway station of Bhopal has been renamed as ‘Rani Kamalapati’ station.
WHO IS RANI KAMALAPATI
- Widowed wife of ‘Nizam Shah’, the ruler of ‘Gond dynasty’ in the 18th century
- Ruled over the then princely state of Ginnaurgarh, 55 km from Bhopal
- Nizam Shah was murdered
- ‘Rani Kamalapati’ bravely faced the attackers during her reign.
- “Last Hindu queen of Bhopal”
- Did remarkable work in the field of water management during his reign and established many parks and temples.
Gonds Tribe of India
- Largest tribal groups in the world.
- Mostly live in Madhya Pradesh, Chhattisgarh, Maharashtra, Andhra Pradesh, Gujarat, Jharkhand, Karnataka, Telangana, Uttar Pradesh, West Bengal and Odisha.
- Gonds are subdivided into four tribes:
- Raj Gonds
- Madia Gonds
- Dhurve Gonds
- Khatulwar Gonds
- Staple food is two kinds of millet: kodo and kutki.
- Rice is mostly consumed during festival feasts.
- Believe that earth, water and air are ruled by Gods.
- Majorly speak Gondi which is an unwritten language of the Dravidian family.
- It has been notified as a Scheduled Tribe.
