Daily Current Affairs Notes for 23-Nov-2022 By GyanOK.com

23 November 2022

FIFA World Cup 2022 Day 3 Highlights: Saudi Arabia Shocks Argentina in a major upset

Overview

FIFA World Cup 2022 Day 3 Highlights: Matchday 3 of FIFA world Cup 2022 which is held in Qatar was action packed, with Argentina facing one of the biggest upsets in FIFA World Cup history. In other matches, USA and Wales ended in a draw, and so did Denmark-Tunisia and Mexico-Poland game.

FIFA World Cup 2022 Day 3 Highlights:

  • In the first match Wales and USA battled out in a very end to end game, which eventually ended in a draw, with Weah scoring in the 36th minute for USA and Gareth Bale scoring a penalty in the 82nd minute.
  • In the second game, Argentina started by scoring via Messi in the 10th minute, but Saudi Arabia turned it round by scoring 2 goals in the 48th and 53rd minute.
  • In another game Denmark and Tunisia game ended in an goalless draw.
  • In the final game of Day 3, Poland and Mexico also played out a goalless draw. Robert Lewandowski had the best chance of the game through the penalty spot but was denied by the Mexican goalkeeper.

FIFA World Cup 2022 Day 3:

The final scores of game played on Day 3 are:

Tuesday, November 22: Results

Group B: United States (1) vs Wales (1)
Group C: Argentina (1) vs Saudi Arabia (2)
Group D: Denmark (0) vs Tunisia (0)
Group C: Mexico (0) vs Poland (0)

FIFA World Cup 2022 Day 4: Schedule

Wednesday, November 23: Schedule

Group D: France vs Australia – 12:30 AM IST
Group F: Morocco vs Croatia – 3:30 PM IST
Group E: Germany vs Japan – 6:30 PM IST
Group E: Spain vs Costa Rica – 9:30 PM IST

India-Australia FTA Ratified By Australian Parliament

India-Australia FTA Ratified By Australian Parliament_40.1

Australia’s Parliament passed bilateral free trade agreements with India and Britain, leaving those partner nations to bring the deals into force. The bills easily passed by the House of Representatives and the Senate made them law.

More About The Development:

The deals need to be ratified by the respective British and Indian parliaments before they take effect. Neither nation has yet done that. The deals are crucial for Australia to diversify its exports from the troubled Chinese market to India and to Britain’s need to forge new bilateral trade relations since it left the European Union.

What Has Been Said:

Trade Minister Don Farrell said India had demonstrated its commitment to the bilateral economic partnership through the quality of the deal struck.

“Closer economic ties with India are a critical component of the government’s trade diversification strategy,” Farrell said. Farrell said the British deal was “crucial to boosting our growth.”

Prime Minister Anthony Albanese discussed the deals with Indian Prime Minister Narendra Modi and British Prime Minister Rishi Sunak on the sidelines of the Group of 20 summit in Indonesia. Albanese said he would visit India in March to advance the deal that was signed in April.

About The FTA:

The India-Australia FTA was signed in April this year, and was the trade pact that New Delhi had singed with a developed country after over a decade.

The agreement encompasses cooperation across the entire gamut of bilateral economic and commercial relations between the two friendly countries, and covers areas like Trade in Goods, Rules of Origin, Trade in Services, Technical Barriers to Trade (TBT), Sanitary and Phytosanitary (SPS) measures, Dispute Settlement, Movement of Natural Persons, Telecom, Customs Procedures, Pharmaceutical products, and Cooperation in other Areas.

India will benefit from preferential market access provided by Australia on 100 per cent of its tariff lines. This includes all the labour-intensive sectors of export interest to India such as Gems and Jewellery, Textiles, leather, footwear, furniture, food, and agricultural products, engineering products, medical devices, and Automobiles. On the other hand, India will be offering preferential access to Australia on over 70 per cent of its tariff lines, including lines of export interest to Australia which are primarily raw materials and intermediaries such as coal, mineral ores and wines etc.

Google honours American geologist Marie Tharp with interactive doodle on her life

Google honours American geologist Marie Tharp with interactive doodle on her life_40.1

Google is paying tribute to American geologist and oceanographic cartographer, Marie Tharp, who helped prove the theories of continental drift. She co-published the first world map of ocean floors. On November 21 in 1998, the Library of Congress named Ms. Tharp one of the greatest cartographers of the 20th century. The Google Doodle  features an interactive biography of Ms. Tharp.

Three prominent women, Caitlyn Larsen, Rebecca Nesel, and Dr. Tiara Moore, who are actively carrying on Marie Tharp’s legacy by making advancements in the typically male-dominated fields of ocean science and geology provide narration for her story.

Map-making was introduced to Tharp by her father, who worked for the US Department of Agriculture. She pursued a master’s degree in petroleum geology at the University of Michigan, which was especially notable given the dearth of women in science careers at the time. In 1948, she relocated to New York City and became the first female employee at the Lamont Geological Observatory, where she met geologist Bruce Heezen. Using information collected by Heezen on ocean depths, Tharp produced maps of the ocean floor. With information collected from echo sonars — used to measure water depth — Tharp discovered the Mid-Atlantic Ridge. However, her findings were initally dismissed by Heezen as “girl talk”. Tharp and Hezeen went on to publish the first map of the ocean floor in the North Atlantic in 1957.

Important takeaways for all competitive exams:

  • Google CEO: Sundar Pichai;
  • Google Founded: 4 September 1998;
  • Google Headquarters: Mountain View, California, United States;
  • Google Founders: Larry Page, Sergey Brin;
  • Google Parent organization: Alphabet Inc.

 

 

HDFC Bank, Canara Bank Get RBI Approval for Rupee Trade with Russia

Overview

The Reserve Bank of India (RBI) allowed HDFC Bank Ltd and Canara Bank Ltd to open a special “vostro account” for trade in Rupees with Russia.

More About This:

This paves the way for cross-border trade in the Indian currency, especially between New Delhi and Moscow. Three other Indian banks — State Bank of India, IndusInd Bank and UCO Bank — had earlier received the necessary permissions from the regulator to roll out rupee trades.

Before this, SBI had said it was opening a special rupee vostro account to handle Russia-related trade settlements. The state-owned lender said it is “making necessary arrangements and processing requests received from various banks, including Russian banks, duly following RBI guidelines”.

How RBI Develop This Mechanism:

In July, the central bank had introduced a new arrangement for settling international trades in rupees. The mechanism, enabling the invoicing, payment and settlement of exports and imports in rupees, is aimed at promoting trade. It would also restrict dollar outflows at a time when the local unit has been depreciating.

Importance Of Vostro Account:

A vostro account is an account a correspondent bank holds on behalf of another bank. These accounts are an essential aspect of correspondent banking in which the bank holding the funds acts as custodian for or manages the account of a foreign counterpart.

Trade With Russia: