SBI CBO IBPS RRB PO CURRENT AFFAIRS SNIPPETS 22102022

 

 

CURRENT AFFAIRS SNIPPETS

22nd October 2022

HAPPY DIWALI!!!

 

National News

Dengue situation in state completely under control: UP Dy CM Pathak

UP Deputy CM Brajesh Pathak claimed that the dengue situation in the state is under control. He added that people should wear full-sleeve clothes, use mosquito nets and keep their surroundings clean. Pathak further directed all chief medical officers to conduct regular inspections of hospitals, ensure that private pathology labs do not overcharge and ensure patients don't face any problems.

 

 

India to Beat US, Europe in Terms of Learners: Coursera chief

India is anticipated to surpass its residence market, the United States, and even Europe in terms of learners over the subsequent 18-20 months, edtech agency Coursera’s chief  Jeff Maggioncalda said.  The firm, which has 17 million learners and content material partnerships with 15 universities in India, is anticipated to overtake the United States and Europe. It has 20 million learners in America and 19 million in Europe.

Mission LIFE movement launched by PM Modi at Kevadiya

Mission LIFE movement launched: Mission LIFE movement is launched by PM Modi in order to protect the environment. Prime Minister Narendra Modi issued a stern warning.  After the global launch of Mission LiFE at the Statue of Unity in Gujarat in the presence of UN Secretary-General Antonio Guterres, the PM addressed the crowd and asserted that lifestyle changes can help to mitigate climate change.  UN Secretary-General Antonio Guterres addressed the audience and urged affluent nations to uphold their climate pledges and give significant financial and technological support to developing nations like India.  He also emphasised the need of people and communities becoming involved in developing environmental protection strategies.

IMPORTANT POINTS

UN Secretary-General: Antonio Guterres;

Chief Minister of Gujarat: Bhupendra Bhai Patel.

International News

Giorgia Meloni sworn in as Italy's 1st female Prime Minister

Giorgia Meloni was sworn in as Italy's first female Prime Minister at the presidential palace on Saturday. Meloni has been politically active since she was a teenage activist in a neo-fascist party's youth wing in Rome. In 2008, Meloni became Italy's youngest ever minister in Silvio Berlusconi's government.

 

Russia launches 36 missiles at Ukraine, 15 lakh people left without electricity: Zelenskyy

Ukraine President Volodymyr Zelenskyy has said that Russia launched around 36 missiles at Ukraine overnight. He added that most of those missiles were shot down. He further stated that around 15 lakh people across Ukraine were left without electricity due to Russia's attacks. October 24 will mark eight months since the war commenced.

 

Pakistan Removed from FATF Grey List on Terror Financing 

Pakistan has been removed from the grey list of the Financial Action Task Force(FATF), the Paris-based global watchdog on money laundering and terrorist financing. Pakistan was placed in the grey list in 2018 for failing to keep a check on money laundering and terrorist financing.  Besides Pakistan, Nicaragua was removed from the FATF's 'grey list' while Democratic Republic of the Congo, Tanzania and Mozambique were added to the list. Myanmar was added to the FATF's 'black list'.  In a statement, the FATF said Pakistan made significant progress in checking money laundering and combating financing of terrorism. "They have (Pakistan) been removed from the grey list, however, there's still work to be done on their part," FATF president T Raja Kumar said.

State News

Punjab Government: Return of Old Pension Scheme for its Employees

The Punjab Government decided to restore the old pension scheme for its employees. Chief Minister Bhagwant Mann announced that the government has decided to implement the old pension scheme as a Diwali gift for its employees.  The decision was taken as an in-principle decision to the effect of the cabinet meeting. The decision aims to benefit lakhs of employees.  Finance Minister Harpal Singh Cheema said that the employees will be given the option to join the old pension scheme.  The government was considering restoring the scheme for government employees for a month.  Restoration of the old pension scheme was discontinued in 2004 and it has been one of the major demands of state government employees.

Appointments News

Quality Council of India appoints Jaxay Shah as new chairman

Prime Minister Narendra Modi has appointed Jaxay Shah, founder chairman of Savvy Group and former chairman of CREDAI as the chairman of the Quality Council of India (QCI) for three years, effective 21 October, the Ministry of Commerce & Industry.  He will succeed former McKinsey India chief Adil Zainulbhai, who served as the chairman of QCI through three terms for eight years from 2014 to 2022. QCI was established in 1997 through a Cabinet note by the Government of India.  QCI is mandated to promote quality in the country through national accreditation of testing, inspection and certification bodies which is internationally recognised, driving third-party assessments across sectors.

BANKING, BUSINESS AND ECONOMY

Apple will not manufacture iPhone 14 Pro Max in India: Report

Apple will not manufacture iPhone 14 Pro Max in India, a report said. This comes after several reports had emerged suggesting that iPhone 14 Pro Max is being manufactured in the country. Foxconn is assembling iPhone 14 at its Sriperumbudur facility near Chennai. Apple manufactures iPhone11, iPhone12 and iPhone 13 in India at the Foxconn facility.

PM Modi launches 'Rozgar Mela'; 75,000 youths get appointment letters

PM Narendra Modi on Saturday launched 'Rozgar Mela', the recruitment drive for 10 lakh youths, via video conferencing. Appointment letters to more than 75,000 youths were handed over during the ceremony. "As per the PM's directions, all ministries and departments are working towards filling up existing vacancies against sanctioned posts in 'mission mode'," the official press release said.

 

RBI allows Tamilnad Mercantile Bank to open new branches after 3 yrs

The RBI has lifted a three-year ban on Tamilnad Mercantile Bank's branch opening with effect from October 21, the lender said on Friday. This development comes after the Thoothukudi-based bank's shares were listed on the stock exchanges on September 15. Currently, it has 509 branches, of which 106 are rural, 247 are semi-urban, 80 are urban and 76 are metropolitan.

India's forex reserves fall by $4.50 billion to $528.37 billion

India's foreign exchange reserves fell by $4.50 billion to $528.37 billion for the week ending October 14, Reserve Bank of India data showed on Friday. The fall can be attributed to a decline in Foreign Currency Assets, which dropped $2.83 billion to $468.67 billion. In the previous week, the forex reserves had improved for the first time in 10 weeks.

SEBI bars Bombay Dyeing, Wadias from securities market, imposes ₹13.25 crore fine

Markets regulator SEBI has barred Bombay Dyeing and its promoters Nusli N Wadia, Ness Wadia and Jehangir Wadia from the securities market for two years for being involved in a fraudulent scheme of misrepresenting financial statements. The regulator has imposed a total monetary penalty of ₹13.25 crore on the company and the Wadias, directing them to pay within 45 days.

ISRO set to launch 36 OneWeb broadband communication satellites

The Indian Space Research Organisation (ISRO) is all set to launch 36 broadband communication satellites from the Satish Dhawan Space Centre in Andhra Pradesh's Sriharikota on Sunday. A 43.5-metre-tall rocket is going to carry the satellites, which will be placed in the Low Earth Orbit (LEO). The total weight of the 36 OneWeb satellites in LEO is about 5,796 kilograms.

IndiaFirst Life Insurance, backed by Bank of Baroda (BoB), filed its draft red herring prospectus (DRHP) with SEBI for an IPO this year. The IPO will comprise a fresh issue of ₹500 crore and an offer for sale of 14.12 crore shares. BoB has a 65% stake in the life insurer and Union Bank of India has a 9% stake.

 

India's growth, stability concerns are less than that of world: Finance Ministry

Estimating India's medium-term growth rate above 6%, the Finance Ministry said, the country's growth and stability concerns are less than that of the world at large. "A long-awaited domestic investment cycle that had started will accelerate once current external shocks – geopolitical conflicts and monetary tightening – fade...Corporate and bank balance sheets in India are ready for it.," it said.

 

ICICI Bank's Q2 profit up by 37% to ₹7,558 cr as bad loan provisions fall

ICICI Bank posted a 37% year-on-year growth in standalone profit at ₹7,557.84 crore for the September quarter as against ₹5,511 crore in the corresponding period last year led by a fall in bad loan provisions. Its net interest income surged to ₹14,787 crore year-on-year compared to ₹11,690 crore last year. It registered a 25% year-on-year growth in retail loan portfolio.

 

Defence News

Indian, US Militaries Conduct 'Tiger Triumph' Exercise

The Indian and US militaries carried out a three-day joint humanitarian assistance exercise in Vishakhapatnam in line with the growing strategic cooperation between the two countries.  The Tiger Triumph exercise was the second collaboration between the Indian and US Militaries to coordinate disaster relief in the region.  The first exercise took place over the course of nine days in November 2019 and featured more than 500 US Marines and sailors.  The first exercise included 1200 Indian sailors, soldiers, and Airmen.  This year, the military exercise involved fifty combined participants, and it focused on staff planning, with an emphasis on processes for streamlining diplomatic, operational, and logistical coordination.  Tiger Triumph marked the third time in 2022 that Indian and US militaries have worked together in Vishakhapatnam.

Nuclear capable Agni Prime missile successfully tested by India

Agni Prime missile successfully tested: The Agni Prime New Generation Ballistic Missile was successfully tested by India on October 21 off the coast of Odisha.  Around 9.45 this morning, a test launch of the ballistic missile took place. The missile successfully completed the test, covering its full range, and all of its test goals were achieved.  This was the missile Agni Prime's third straight successful flight test.  This test has demonstrated the system's accuracy and dependability.  Agni Prime underwent its first test on June 28, 2021, and it underwent its second test on December 18, 2021.

IMPORTANT POINTS

Defence Minister of India: Rajnath Singh

ISRO chairman: S Somnath

 

Summits and Conferences News

World Spice Congress 14th edition organized in Maharashtra

World Spice Congress 14th edition: The 14th World Spice Congress will take place in the CIDCO Exhibition and Convention Centre in Navi Mumbai, Maharashtra, from February 16 to 18, 2023.  Spices Board India in conjunction with a number of trade and export forums is hosting the World Spice Congress during India's G20 presidency.  The 14th edition of the World Spice Congress (WSC) is going to be all about and only about 'SPICES,' after announcing the subject. Vision 2030: SPICES (Sustainability- Productivity- Innovation- Collaboration- Excellence and Safety) has been selected as the subject for the current World Spice Congress (WSC).

Ranks and Reports News

HCL's Shiv Nadar named country's most generous philanthropist

HCL founder Shiv Nadar topped as the most generous person in the country with an annual donation of Rs 1,161 crore, the EdelGive Hurun India Philanthropy List 2022 revealed. Nadar, 77, has reclaimed the 'India's most generous' title with a donation of Rs 3 crore per day, according to the report.  Wipro's Azim Premji, 77, slipped to the second position with an annual donation of Rs 484 crore after ruling at the top position for the last two consecutive years, it said. India's richest man Gautam Adani, 60, ranked seventh in Edelgive Hurun India Philanthropy List 2022, with a donation of Rs 190 crore.

Awards News

DX 2022 Awards: Karnataka Bank bags digital transformation awards of CII 

Karnataka Bank has bagged the National Digital Transformation Awards, "DX 2022 Awards" instituted by the Confederation of Indian Industry (CII) for best practices in digital transformation under the BFSI segment.  The awards in recognition of the “Innovative Excellence” in ‘KBL HR NxT - Employee Engagement’, ‘KBL Operations NxT - Operational Excellence’ and ‘KBL Customer NxT - Customer Experience’ were presented to senior executives of the bank at New Delhi.  KBL NxT concept was launched in 2021 under KBL Vikas 2.0 focusing on digitisation of its various verticals, including operations, human resources, customer experience, digital marketing etc.

IMPORTANT POINTS

Karnataka Bank Headquarters: Mangaluru;

Karnataka Bank CEO: Mahabaleshwara M. S;

Karnataka Bank Founded: 18 February 1924.

Uttar Pradesh bags top honours at PMAY-U Awards 2021

Under the BJP-led Centre’s flagship, Pradhan Mantri Awas Yojana - Urban (PMAY-U) housing scheme have been delivered and the rest are under various stages of completion, Union Minister of Housing & Urban Affairs Hardeep Singh Puri.  PMAY-U Awards 2021 is scheduled annually to recognise the contribution of States, Union Territories and urban local bodies with regard to the implementation of the scheme in Rajkot.  In the awards, Uttar Pradesh bagged the first position followed by Madhya Pradesh and Tamil Nadu at second and third place, respectively.  Poll-bound Gujarat saw five special category awards for performance related to Affordable Rental Housing Complexes and ‘Convergence with other Missions’ coming its way.  Madhya Pradesh got three special category awards followed by Jammu and Kashmir, which was adjudged the ‘Best Performing UT’ alongside Dadra and Nagar Haveli and Daman & Diu.  Odisha has been felicitated with the prestigious PMAY-U Awards 2021 by the Ministry of Housing and Urban Affairs (MoHUA) for the best policy initiative under a special category.

Telangana Hyderabadi Haleem bags 'Most Popular GI' award

Telangana's Hyderabadi Haleem has won the ‘Most Popular GI’ award after beating other food items including Rasgulla, Bikaneri Bhujiya, and Ratlami Sev.  In a rigid competition with more than 15 food items across the country with Geographical Indication (GI) status, the famous Hyderabadi Haleem has bagged the ‘Most Popular GI’ award. GI tag is given to products to ensure that authorised users can only use the popular product name.  For the first time, GI status was accorded to Hyderabadi Haleem in 2010. It expired in December 2019. However, later, the registrar of Geographical Indicator renewed the tag for the dish for 10 years.

Science and Technology News

Chandrayaan-3 set for launch in August 2023: ISRO chairman

Chandrayaan-3 set for launch in August 2023: The Indian Space Research Organization (ISRO) plans to launch its third lunar mission in the month of June 2023. The more capable lunar rover that will be carried by Chandrayaan-3, which is essential for future interplanetary explorations, according to S. Somnath, Chairman of the Indian Space Agency, ISRO.  The mission will rely on the Chandrayaan-2 orbiter, which is already circling the Moon; the Chandrayaan-3 rover is not a clone of its predecessor, according to the head of ISRO. "C-3 is now prepared.

LVM3 Launch to Mark ISRO's Entry Into Global Commercial Launch Service Market

The heaviest rocket LVM3 of the Indian Space Research Organization (ISRO) will launch 36 satellites of British start-up OneWeb Broadband Communication Satellites from the spaceport in Andhra Pradesh's Sriharikota on October 23, 2022. It will mark the Srihari Kota launcher's entry into the global commercial launch service market.  New Space India Limited (NSIL), a CPSE under the Department of Space and the commercial arm of the ISRO, has signed two launch service contracts with M/s Network Access Associated Limited (M/s OneWeb), United Kingdom, for launching OneWeb LEO Broadband Communication Satellites on board ISRO's heaviest launcher LVM3.

Sports News

5th Khelo India Youth Games to be held in Madhya Pradesh

The 5th edition of the Khelo India Youth Games will be held in Madhya Pradesh from 31st January to 11th February 2023. The event was felicitated by Union Minister for Youth Affairs and Sports Anurag Thakur, and Chief Minister of Madhya Pradesh Shivraj Singh Chouhan.  Indigenous games will be a part of the upcoming Khelo India Youth Games. Madhya Pradesh has made the sport of Mallakhamb their state sport for supporting the vision of Prime Minister Narendra Modi to support Olympics sports and indigenous sports in the same manner.  Union Minister for Youth Affairs and Sports Anurag Thakur announced that the 5th edition of the Khelo India Youth Games will be held in Madhya Pradesh.

Miscellaneous News

 

Delhi govt kicks off campaign ‘Diye jalao, patake nahin’ for green Diwali

Delhi government has launched the 'Diye Jalao, Patake Nahin' (light up lamps, not firecrackers) campaign at Central Park in New Delhi.  The Delhi government on Friday lit 51,000 diyas at Central Park in Connaught Place here to mark the launch of its campaign for a pollution-free Diwali. The campaign aims at promoting a quieter and pollution-free Diwali.

Windergy 2023 to be Held in Chennai in October Next Year

The 5th edition of India's only comprehensive International Trade Fair and Conference, Windergy India 2023 will be held from 4th October to 6th October 2023.  The Windergy India 2023 will be organized by the Indian Wind Turbine Manufacturers Association (IWTMA) and PDA Ventures Pvt Ltd, the three-day trade fairs and conference will provide a vibrant platform to meet and interact with policymakers, regulatory authority, international and domestic technology, solution and services providers from the wind power industries.  Indian Wind Turbine Manufacturers Association (IWTMA) was established in 1998 and is the apex business association and voice of the Indian wind Industry. IWTMA has been at the forefront of the policy framework and regulatory intervention with proactive engagement with Central and State policymakers, Investors, and takeholders.

22102022

@@@@@@@@@@@@@@@@@@@@@@