Tuesday, January 11, 2022

Static GK Quiz for Upcoming Exams Set – 643

    Static GK Questions for SBI PO/Clerk, IBPS RRB, IBPS PO/Clerk, RBI Assistant, LIC, NIACL, OICL, NABARD, SEBI and other competitive exams
  1. Parag Agrawal is the CEO of which social networking company?
    A) Twitter
    B) Facebook
    C) Instagram
    D)Telegram



  2. The Major Dhyan Chand National Stadium is based in which of these cities?
    A) Ranchi
    B) Bhopal
    C) New Delhi
    D) Patna



  3. What is the currency of Maldives?
    A) Dollar
    B) Won
    C) Rufiyaa
    D) Yen



  4. Abiy Ahmed Ali has won the Nobel Peace Prize 2019. He is the current Prime Minister of which country?
    A) Nigeria
    B) Ethiopia
    C) Uganda
    D) Tanzania



  5. Who is the chairperson of NITI Aayog?
    A) Amit Shah
    B) Smriti Irani
    C) Amitabh Kant
    D) Narendra Modi



  6. How many countries are the members of BIMSTEC group?
    A) 5
    B) 6
    C) 7
    D) 9



  7. United Nations Children’s Fund (UNICEF) has its headquarter located at _____?
    A) Geneva, Switzerland
    B) Paris, France
    C) London, United Kingdom
    D) New York, United States



  8. Sammi is a famous traditional dance form originating from which state?
    A) Himachal Pradesh
    B) Punjab
    C) West Bengal
    D) Haryana



  9. What is the capital of Sierra Leone?
    A) Sana’a
    B) Mogadishu
    C) Abuja
    D) Freetown



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GA Revision for Banking and Other Exams – 1060

  1. Which Special Economic Zone (SEZ) has been awarded IGBC Platinum Rating and has become the first SEZ to achieve so?
    A) Kandla SEZ
    B) Surat SEZ
    C) Vishakhapatnam SEZ
    D) Cheyyar SEZ



  2. In the World Archery Youth Championships held in Wroclaw, Poland, Indian women team defeated which country’s team to win a gold medal?
    A) Poland
    B) USA
    C) Turkey
    D) UK



  3. Who has won French Open Tennis Title 2021?
    A) Rafael Nadal
    B) Roger Federer
    C) Novak Djokovic
    D) Stefanos Tsitsipas



  4. Who has been appointed by IAMAI to chair Digital Publisher Content Grievances Council’s grievance redressal board?
    A) Justice (Retd.) Mr. Vivian Bose
    B) Justice (Retd.) Mr. Ghulam Hasan
    C) Justice (Retd.) Mr. Arjan Kumar Sikri
    D) Justice (Retd.) Mr.Natwarlal Harilal Bhagwat



  5. With Which country India has tied as 4th Largest Forex Reserves Holder?
    A) USA
    B) Australia
    C) Germany
    D) Russia



  6. Hyderabad is located on banks of which river?
    A) Krishna
    B) Musi
    C) Godavari
    D) Bhima



  7. Dholavira, a Harappan-era metropolis, in which state has been inscribed on the UNESCO World Heritage List?
    A) Gujarat
    B) Rajasthan
    C) Odisha
    D) Kerala



  8. The International Air Transport Association (IATA) collaborated with which of the following to facilitate international trade, particularly e-commerce?
    A) United Nations Industrial Development Organization
    B) Organisation for Economic Co-operation and Development
    C) United Nations Conference on Trade and Development
    D) World Trade Organization



  9. Which Public sector bank has topped in terms of loan and deposit growth in FY 2020-21?
    A) Bank of Maharashtra
    B) Bank of India
    C) Punjab and Sind Bank
    D) Canara Bank



  10. Which of the following tools is used by RBI for selective credit control?
    A) It advises banks to recall loans against certain commodities
    B) It advises banks against giving loans against certain commodities
    C) It assigns higher risk weighted to certain kinds of loans
    D) None of these



  11. Who has been named prime minister of the Central African Republic (CAR)?
    A) Henri Marie Dondra
    B) Firmin Ngrebada
    C) Simplice Sarandji
    D) Faustin-Archange Touadéra



  12. Which day is declared as National Mathematics Day?
    A) January 16
    B) December 22
    C) September 21
    D) May 20



  13. ______ is a way of raising debt or equity from multiple investors via an internet-based platform?
    A) P2P platform
    B) Crowd funding
    C) E-aggregators
    D) Bitcoins



  14. Najib Mikati has been elected as the prime minister of which country?
    A) Lebanon
    B) Greece
    C) Belarus
    D) Austria



  15. Who has extended risk-based internal audit system to HFCs?
    A) IRDAI
    B) RBI
    C) SEBI
    D) NHB



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Monday, January 10, 2022

Static GK Quiz for Upcoming Exams Set – 642

    Static GK Questions for SBI PO/Clerk, IBPS RRB, IBPS PO/Clerk, RBI Assistant, LIC, NIACL, OICL, NABARD, SEBI and other competitive exams
  1. The “National Geophysical Research Institute” (NGRI) is situated in ______?
    A) Telangana
    B) Maharashtra
    C) Gujarat
    D) Bihar



  2. The Golden Globe Awards are accolades associated with which field?
    A) Films & Television
    B) Journalism
    C) Sports
    D) Literature



  3. Ulaanbaatar is the capital of which country?
    A) Vietnam
    B) Cambodia
    C) Kazakhstan
    D) Mongolia



  4. Tuticorin Thermal Power Station is located in which of these states?
    A) Tamil Nadu
    B) Andhra Pradesh
    C) Kerala
    D) Karnataka



  5. The Vivekananda Setu is built over which river?
    A) Mahanadi
    B) Hoogly
    C) Krishna
    D) Sutlej



  6. Which country is known as the Island of pearls?
    A) Madagascar
    B) Australia
    C) Bahrain
    D) Maldives



  7. On the banks of which river is the city “Bharuch” located?
    A) Godavari
    B) Thamirabarani
    C) Narmada
    D) Krishna



  8. Who is the author of the book ‘You Are Unique’?
    A) Khushwant Singh
    B) A P J Abdul Kalam
    C) Aravind Adiga
    D) Kiran Desai



  9. Bandipur National Park is located in which of the following states?
    A) Gujarat
    B) Bihar
    C) Madhya Pradesh
    D) Karnataka



  10. Salal Dam is in which state?
    A) Himachal Pradesh
    B) Andhra Pradesh
    C) Jammu and Kashmir
    D) Karnataka



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GA Revision for Banking and Other Exams – 1059

  1. Najib Mikati has been appointed as the prime minister of which country?
    A) Egypt
    B) Lebanon
    C) Norway
    D) Cameron



  2. In October 2021, the unique clove growing in the hills of which state got GI tag?
    A) TamilNadu
    B) Odisha
    C) Kerala
    D) Uttar Pradesh



  3. Where is the HQ of IRDA?
    A) Lucknow
    B) Mumbai
    C) Chennai
    D) Hyderabad



  4. Who won the 5th Rujna Zora chess tournament in Serbia?
    A) P Iniyan
    B) Makariam Rudrik
    C) PR Sreejesh
    D) Michael Collins



  5. Which of the following banks created history in August 2015 by launching India’s first Mobile App for Bank Account opening?
    A) Axis Bank
    B) Federal Bank
    C) South Indian Bank
    D) HDFC Bank



  6. Which city topped the list of NewsOnAir Radio Live-Stream India Rankings?
    A) Hyderabad
    B) Mumbai
    C) Delhi
    D) Pune



  7. Who has bagged the 45th Vayalar Ramavarma Memorial Literary Award for his book “Manthalirile 20 Communist Varshangal”?
    A) Benyamin
    B) Shami Chatterjee
    C) Alok Nath
    D) Manju Nair



  8. Who took charge as General Officer Commanding (GOC) of the Indian Army’s Western Command?
    A) Manohar Joshi
    B) PR Sundaram
    C) Akshay Singh
    D) Nav K Khanduri



  9. What is the theme of World Suicide Prevention Day 2021?
    A) 40 seconds of action
    B) Working Together to Prevent Suicide
    C) Take a minute, change a life
    D) Creating Hope Through Action



  10. Where is the Thattekkad bird sanctuary located?
    A) Andhra Pradesh
    B) Odisha
    C) Kerala
    D) Tamil Nadu



  11. Who won the Turkish Grand Prix 2021?
    A) Valtteri Bottas
    B) Sebastian Vettel
    C) Lewis Hamilton
    D) Mike Rosberg



  12. Which of the following is a Money Market Instrument?
    A) Debt
    B) Equity
    C) Bankers’ Acceptances
    D) Derivatives



  13. Maa Annapurna idol stolen from UP has been found in which country?
    A) France
    B) Canada
    C) Australia
    D) China



  14. When is Telangana Language Day celebrated?
    A) 11 August
    B) 7 July
    C) 10 September
    D) 9 September



  15. Which company took over the responsibilities of the Jaipur International Airport from the Airports Authority of India (AAI)?
    A) Reliance
    B) Adani Group
    C) Tata Limited
    D) Bhel



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Daily Current Affairs 10th January, 2022

Daily Current Affairs 10 January 2022 for Banking/Insurance/SSC and other related exams.

NATIONAL NEWS

India’s first heli-hub to be set up in Gurugram with many aviation facilities
Haryana Deputy Chief Minister Dushyant Chautala announced that Gurugram will get India’s first heli-hub with all aviation facilities.The heli-hub will be the first of its kind in the country to have all facilities at one place for helicopters.
  • The heli-hub is proposed to be built in Gurugram and would be near the metro facility along with easy connectivity to industrial areas like Noida and Bhiwadi.
  • All kinds of aviation facilities for helicopters such as heliport, hangars, maintenance of air taxis and charted helicopters will be available.
PM Narendra Modi inaugurates second campus of Kolkata`s Chittaranjan National Cancer Institute
Prime Minister Narendra Modi inaugurated the second campus of Chittaranjan National Cancer Institute (CNCI) in Kolkata via video conference.
  • The second campus of CNCI has been built at a cost of over Rs 530 crore.
  • The campus is a 460-bed comprehensive cancer centre unit with cutting-edge infrastructure for cancer diagnosis, staging, treatment and care.
J&K Govt signs MoU with Century Financial for 100 million investment
In its ongoing efforts to strengthen the Hospitality & Tourism Industry in Jammu & Kashmir, the Union Territory government has signed a MoU with UAE’s pioneering financial services company, Century Financial that will invest 100 million dollars in the UT.
  • Lieutenant Governor, Manoj Sinha said that Global business & industry are waking up to the vistas of opportunity in J&K. He added that despite challenges of global pandemic, the pace of economic and policy reforms and the implementation of key infrastructure projects is going on smoothly in the UT.
Cabinet approves signing of MoU between India & Turkmenistan on Disaster Management Cooperation
Cabinet has approved the signing of MoU between India and Turkmenistan on Cooperation in the field of Disaster Management.
  • The MoU seeks to put in place a system under which both India and Turkmenistan will benefit from the Disaster Management mechanisms of each other. It will help in strengthening the areas of preparedness, response and capacity building in the field of Disaster Management.
Finance Ministry releases monthly Post Devolution Revenue Deficit Grant of Rs 9,871 crore to 17 States
Finance ministry released monthly Post Devolution Revenue Deficit (PDRD) Grant of 9,871 crore rupees to 17 States.  This was the 10th installment of the PDRD grant released to the States. So far, an amount of 98,710 crore rupees has been released to eligible States as Post Devolution Revenue Deficit Grant in the current financial year.
  • The Post Devolution Revenue Deficit Grants are provided to the States under Article 275 of the Constitution. The grants are released to the States as per the recommendations of the Fifteenth Finance Commission to meet the gap in Revenue Accounts of the States post devolution.
  • The Commission has recommended PDRD grants to 17 States and the same is being released in monthly installments.
Drinking water supply schemes of over Rs 6,872 Cr approved for Rajasthan under Jal Jeevan Mission: Govt
Government has said that drinking water supply schemes of over six thousand 872 crore rupees were approved for Rajasthan under Jal Jeevan Mission.
  • The Ministry said, to ensure clean tap water in every rural household and relieving women and girls from drudgery of fetching water from a distance, it has released over two thousand 345 crore rupees Central grant-in-aid to Rajasthan in the current financial year.
  • The Ministry has assured full assistance to the State for making provision of tap water supply in every rural home by December, 2024.

INTERNATIONAL NEWS

Five of world’s most powerful nations pledge to avoid nuclear war
Five of the world's nuclear powers viz. China, France, Russia, UK and the US have jointly pledged to prevent the proliferation of nuclear arms agreeing that nuclear war is not an option.
  • The parties have vouched to prevent further spread nuclear weapons and such weapons should only serve defensive purposes, deter aggression, and prevent war.
  • The joint pledge was issued ahead of the latest review of the Treaty of the Non-proliferation of nuclear weapons (NPT).

BANKING & FINANCE

NPCI sets standardised limits for cash withdrawals and mini statements on AePS transactions
The National Payments Corporation of India has introduced limits for cash withdrawals and mini statements.
  • According to the guidelines, acquiring banks will have to implement a maximum limit of five approved cash withdrawal transactions per customer per terminal per day.These limits have to be implemented by January 15 this year.
  • Issuers will implement a standardised limit of a minimum of five approved cash withdrawal transactions per month for every customer.Further, issuers will also implement a standardised limit of a minimum of five mini statement transactions per customer per month.
  • It has also said that acquirers must implement two-factor authentication for login of business correspondents, agents and merchants at least once a day with one of the factors as Aadhaar based biometric authentication.
RBI releases eligibility criteria for 'specified users' of CICs
The Reserve Bank released the eligibility criteria for entities to be categorised as 'Specified User' of Credit Information Companies (CICs).The criteria sets out the requirements for the entities to become eligible as Specified User of CIC under the Credit Information Companies (Amendment) Regulations, 2021, RBI said in a release.
  • As per the requirements, a 'specified user' should be a company incorporated in India or a statutory corporation established in the country.Also, the company should have a net worth of not less than Rs 2 crore as per the latest audited balance sheet, and should meet the requirement on a continuing basis.
  • Further, in case the entity is a company, it should have not less than three years of experience in running the business/activity of processing information for the support or benefit of credit institutions and shall have a clean track record.
  • Also, the company, its promoter(s) and director(s) should not have been convicted of any offence involving moral turpitude or any economic offence.
  • Besides, the entity should have a certification from CISA certified auditor that it has a robust and secure information technology (IT) system in place for preserving and protecting the data relating to the credit information.

BUSINESS & ECONOMY

FY22 GDP growth could be revised to 9.5 per cent: SBI Ecowrap
State Bank of India’s economic research team expects GDP numbers for FY22 to be revised upwards to around 9.5 per cent as going forward, it believes even if rising infections impact mobility, the economic activity is not expected to get affected much.
  • The first advance estimate of GDP growth by the National Statistical Office (NSO) has pegged India’s FY22 GDP growth at9.2 per cent.
India’s total coal production registers growth of 6.74% in last month
India’s total coal production registered a growth of 6.74 per cent in the last month. A total of 74.78 million tonnes were produced during December 2021 as compared to the same period in 2019.
  • The Coal Ministry said, captive blocks registered a growth of around 41 per cent by producing 8.91 million tonnes of coal during the period. These growths were registered despite the challenges posed by the Covid-19 pandemic.
  • Coal based power generation has registered a growth of 11.84 per cent in the last year. The overall power generation in December 2021 has been 8.32 per cent higher than the power generated in the same period in 2019.
Govt projects GDP growth estimates at 9.2% for FY22
India’s Gross Domestic Product (GDP) is estimated to rise 9.2 per cent in the current fiscal as compared to a contraction of 7.3 per cent in the financial year 2020-21.
  • This was stated by the Statistics and Programme Implementation Ministry in its First Advance Estimates of National Income for the financial year 2021-22.It has also been stated that real GDP or GDP at Constant Prices in the current fiscal year is estimated at 147.54 lakh crore rupees as against the Provisional Estimate of GDP for the year 2020-21 of 135.13 lakh crore rupees.
  • Second Advance Estimates of National Income for the year 2021-22 and quarterly GDP estimate for the quarter October-December, 2021 will be released next month.

SPORTS

Rohan Bopanna-Ramkumar Ramanathan win Adelaide International doubles trophy
In Tennis, unseeded pair of Rohan Bopanna-Ramkumar Ramanathan has won the Adelaide International doubles trophy in Australia.
  • Teaming up for the first-time on the ATP Tour, the Indian pair beat top seed Ivan Dodig-Marcelo Mela in straight sets 7-6, 6-1 to win the trophy.
  • It was Bopanna’s 20th ATP doubles title and first for Ramkumar.
14-year-old Bharath Subramaniyam becomes India's 73rd Chess Grandmaster
Fourteen-year-old Bharath Subramaniyam has become the73rd Grandmaster of India, the All India Chess Federation confirmed.
  • The Chennai-based teenager completed his final GM Norm and crossed the requisite 2500 rating at Vergani Cup Open in Italy. Subramaniyam finished seventh overall in the event held at Cattolica by scoring 6.5 points from nine rounds.
  • To achieve the Grandmaster (GM) title, a player has to secure three GM norms and cross the live rating of 2,500 Elo points.
Rafael Nadal defeats Maxime Cressy to claim Melbourne title
In Tennis, 20-time Grand Slam champion Rafael Nadal  defeated American Maxime Cressy, 7-6, 6-3 in the Men's Singles final of the Melbourne Summer Set ATP 250 event.
  • The World No. 6 Nadal showed no signs of rustiness as he did not lose a set en route to the title in Melbourne.
  • It was Nadal's 89th tour-level crown as the Spaniard saved a set point in the first set tie-break and rallied from a game down in the 2nd set against Cressy.
  • Former world number one Simona Halep clinched the Melbourne Summer Set 1 women’s singles title after beating Number 3 seed Veronika Kudermetova 6-2, 6-3 in the final, in Melbourne. It was the 23rd career WTA singles title for Halep.
Danushka Gunathilaka Announces Retirement from Test Cricket
Sri Lanka’s aggressive opening batter, Danushka Gunathilaka, has decided to retire from Test cricket at the age of 30 to focus on the white ball formats, the country’s apex cricket body said.
  • Gunathilaka, who stated that he has taken the decision after evaluating all aspects, hasn’t played a Test since 2018, with his eight appearances getting him 299 runs, two half-centuries and a career-best score of 61.
  • In 44 ODIs, he has scored 1520 runs at an average of 36.19, while in T20Is, he has 568 runs in 30 matches at a strike rate of 121.62.
World No.1 Ash Barty wins Adelaide International
In Tennis, World No.1 Ash Barty won the Adelaide International by crushing world No. 14 Elena Rybakina of Kazakhstan 6-3, 6-2 in Women's Singles final at Cannebara.
  • This was Barty’s 14th career singles title and second in Adelaide.
  • Barty defeated 2020 Australian Open champion Sofia Kenin and 2020 French Open winner Iga Swiatek of Poland en route to the title in Adelaide, without dropping a set or a service game against Rybakina, Kenin or Swiatek.

APPOINTMENTS

Former RBI Governor Urjit Patel appointed vice-president of Beijing based AIIB, to take charge on 1st February
Former Reserve Bank of India (RBI) governor Urjit Patel has been appointed as a vice-president of the Asian Infrastructure Investment Bank (AIIB), a Beijing based multilateral development bank.
  • He will succeed outgoing Vice President D J Pandian, who is in charge of sovereign and non-sovereign lending of the AIIB in South Asia, the Pacific Islands and South-East Asia.
  • Urjit Patel is currently the chairman of the National Institute of Public Finance and Policy. He had taken over as the 24th Governor of the Reserve Bank of India (RBI) succeeding Raghuram Rajan in September 2016 and was with RBI till December 2018.

AWARDS

Kerala Arts and Crafts Village wins International Award
The Kerala Arts and Crafts Village near Kovalam has won the 2021 International Craft Award for the best craft village of the year.
  • The Kerala Arts and Crafts Village is an institution established by the Uralungal Labour Contract Co-operative Society for the state tourism department.

SCIENCE & TECHNOLOGY

Telangana forest Minister launches Mobile App On Urban Forest Parks
Telangana Forest Minister A Indrakaran Reddy launched the first of its kind mobile app “Urban Forest Parks”, which gives all information about theme based Urban Forest Parks and facilitate the visitors to plan their visits and journey.
  • The app provides all the information about the parks, including entry ticket fee, special features of the park, distance from the app user, route app etc.
  • Urban Forest Parks app has been developed by PamTen Software Solutions Private Limited. Initially, the app discloses information pertaining to 39 parks developed under HMDA, Medchal, Ranga Reddy and Hyderabad limits. In the second phase, information pertaining to all other parks across the State would be incorporated.

OBITUARIES

Former FIFA Referee Madhav G Suvarna passes away 
Former FIFA referee, AFC referee instructor and AIFF & AFC match commissioner, Madhav G Suvarna, passed away after a brief illness at his Mumbai residence. He was 78.
  • A Bombay Referees’ Association member, Suvarna officiated in many prestigious tournaments in India and was later appointed as match commissioner.
  • He also had the distinction of officiating in several international tournaments. Suvarna also served as honorary secretary of AIFF Referees Board.
Veteran singer and actor Pandit Ramdas Kamat passes away
Veteran singer and actor Pandit Ramdas Kamat passed away at his residence in Vile Parle, in Mumbai. He was 90 years old.
  • Pandit Ramdas Kamat started his career in the musical theater with the play 'Sangeet Sanshay Kallol' by The Goa Hindu Association. He had since acted in eighteen musical dramas.

BOOKS & AUTHORS

On the occasion of Mamata Banerjee's birthday HarperCollins announces the forthcoming release of Mamata: Beyond 2021 by Jayanta Ghosal 
HarperCollins Publishers India is set to publish a new book titled “Mamata: Beyond 2021”, authored by political journalist Jayanta Ghosal and translated by Arunava Sinha.
  • The announcement about the release of the book was made on 5th January 2022, the birthday of Mamata Banerjee, the Chief Minister (CM) of West Bengal and the leader of the Trinamool Congress (TMC) party.
  • The book explores and examines why the Bharatiya Janata Party (BJP) lost the 2021 West Bengal Election.

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Sunday, January 9, 2022

Daily Current Affairs 9th January, 2022

Daily Current Affairs 9 January 2022 for Banking/Insurance/SSC and other related exams.

NATIONAL NEWS

24th National Conference on e-Governance 2021 concludes at Hyderabad
The 24th National e-Governance conference in its Hyderabad declaration has resolved to bring citizens and governments closer through digital platforms and transform citizen services through use of technology.
  • Leveraging the provisions include Aadhaar, DigiLocker, UMANG, e Sign and consent framework has been emphasised for achieving the same.
  • The two-day Conference, jointly held in Hyderabad by Union Electronics & Information Technology ministry, Department of Administrative Reforms & Public Grievances (DAPRG), Ministry of Personnel, Public Grievances in collaboration with Telangana Government, has unanimously adopted the Hyderabad declaration, on its culmination.
Cabinet approves signing of MoU with Nepal for construction of bridge over Mahakali river at Dharchula in Uttarakhand
The Cabinet Committee on Economic Affairs, the CCEA has approved the Intra-State Transmission System - Green Energy Corridor Phase-II.
  • Information and Broadcasting Minister Anurag Thakur said, the scheme will add approximately 10 thousand 750 circuit kilometres of transmission lines and around 27 thousand 500 Mega Volt-Amperes transformation capacity of substations.
  • The Minister informed that the transmission systems will be created over a period of five years from the Financial Year 2021-22 to 2025-26. The scheme will help in achieving the target of 450 GW installed Renewable Energy capacity by 2030.
  • The Cabinet has also approved a Memorandum of Understanding between India and Nepal for the construction of a bridge over Mahakali River at Dharchula.
20 crore unorganised workers register on E-shram portal
20 crore unorganised workers have registered on E-shram portal.
  • On this achievement, Minister of Labour and Employment Bhupender Yadav has thanked everyone for their efforts. eSHRAM portal  was launched on 26 August last year with the objective of creating a National Database of Unorganized Workers.

INTERNATIONAL NEWS

Rajnath Singh flags-in India’s first multi-dimensional adventure sports expedition conducted in France
Defence Minister Rajnath Singh flagged-in India’s first multi-dimensional adventure sports expedition conducted by National Institute of Mountaineering and Allied Sports in France.
  • The expedition was conducted in November last year and the team comprising 12 people - eight Army personnel and four youths of Arunachal Pradesh.
  • The expedition team carried out over 250 kilometres of winter trekking in the Alps Mountain Ranges, which included Tour De Mont Blanc trek covering the French, Swiss and Italian Alps. The expedition was organised as part of Azadi Ka Amrit Mahotsav.

BUSINESS & ECONOMY

MEA inks pact with TCS for 2nd phase of Passport Seva Programme
The Ministry of External Affairs (MEA) signed an agreement with Tata Consultancy Services Ltd for the second phase of the Passport Seva Programme (PSP-V2.0) that envisages increasing data security and roll out of the next level of customer experience.
  • The MEA said it is working towards the opening of one passport services centre in every Lok Sabha constituency where there is no Passport Seva Kendra (PSK) or Post Office Passport Seva Kendra (POPSK).

SPORTS

Winter Olympics-bound Md Arif Khan Included in Target Olympic Podium Scheme
The Sports Ministry’s Mission Olympic Cell (MOC) has approved the inclusion of Alpine Skiing athlete Md Arif Khan in the Target Olympic Podium Scheme (TOPS) Core group, until the Winter Olympics, scheduled this February in Beijing, China.
  • Khan will take part in the Winter Olympics in the Slalom and Giant Slalom events. He has also been approved an amount of Rs 17.46 Lakh under TOPS towards training in Europe and procurement of equipment, ahead of the grand event in China.
  • Khan’s current training base is in Austria, where he is accompanied by his coach and physio.

APPOINTMENTS

Senior Chinese diplomat Zhang Ming takes charge of Secretary-General of SCO
China's senior diplomat Zhang Ming has taken charge as the new Secretary-General of the Shanghai Cooperation Organisation (SCO) in which India is a member.
  • Zhang has taken charge from Vladimir Norov, former Foreign Minister of Uzbekistan from January 1 for a three-year term.
  • He was until recently China's ambassador to the European Union.

AWARDS

Centre announces 3rd National Water Awards 2020; In-state category UP awarded first prize
Uttar Pradesh has been awarded first prize in the state category of 3rd National Water Awards 2020. This follows Rajasthan occupying the 2nd place, while Tamil Nadu secured 3rd place.
  • Jal Shakti Minister Gajendra Singh Shekhawat declared the winners of the National Water Awards. The 57 awards were announced in 11 categories including Best States, District, Panchayat and Best Industries.
  • National Water Awards were instituted to recognize and encourage exemplary work and efforts made by States, Districts, individuals and organizations across the country in attaining the government’s vision of a Jal Samridh Bharat.

OBITUARIES

Sidney Poitier, first black man to win Oscar for best actor, passes away 
Sidney Poitier, the first Black man to win a Best Actor Oscar, has died. He was 94.
  • In 1963, Poitier had made a film in Arizona, Lilies of the Field. The performance led to a huge milestone making him the first black winner of a lead-acting Oscar. He was awarded the US Presidential Medal of Freedom in 2009 by President Obama for his work.

IMPORTANT DAYS

26th December will be marked as Veer Baal Diwas: PM Modi
Prime Minister Narendra Modi has announced that 26th December will be marked as Veer Baal Diwas.
  • Mr. Modi said it will be a fitting tribute to the courage of the Sahibzades, the sons of Guru Gobind Singh and their quest for justice.
  • Announcing this on the Parkash Purab of Guru Gobind Singh, Mr Modi said, Veer Baal Diwas will be on the same day Sahibzada Zorawar Singh and Sahibzada Fateh Singh attained martyrdom after being sealed alive in a wall. He said, these two greats preferred death instead of deviating from the noble principles of Dharma.

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Saturday, January 8, 2022

Daily Current Affairs 8th January, 2022

Daily Current Affairs 8 January 2022 for Banking/Insurance/SSC and other related exams.

NATIONAL NEWS

Hyderabad gets India's first Open Rock Museum
  Union Minister of State for Science and Technology Dr Jitendra Singh inaugurated India’s first Open Rock Museum in Hyderabad, displaying around 35 different types of rocks from different parts of India with ages ranging from 3.3 billion years to around 55 million years of the Earth’s history.
  • The Open Rock Museum, set up with the aim of educating and enlightening the masses about several lesser-known facts, displays around 35 different types of rocks from different parts of India with ages ranging from 3.3 billion years to around 55 million years of the Earth’s history.
  • These rocks also represent the deepest part of the earth, up to 175 kms from the surface of the earth.
KVIC launches 'Mobile Honey Processing Van' to support farmers and beekeepers
KVIC chairman Vinai Kumar Saxena launched the country’s first Mobile Honey Processing Van at a Sirora village in Ghaziabad, UP.
  • The Mobile Van has been designed in-house by KVIC at its Multi-disciplinary training centre, Panjokehra, at a cost of Rs 15 lakh.
  • This mobile honey processing unit can process up to 300-KG of honey in 8 hours. The van is also equipped with a testing laboratory, that would instantly examine the quality of honey.
DPIIT and Ministry Of Commerce To Organise Startup India Innovation Week from Jan 10
The Department for Promotion of Industry and Internal Trade (DPIIT) and the Ministry of Commerce and Industry have decided to organise a week-long virtual innovation celebration called 'Startup India Innovation Week' to showcase the spread and depth of entrepreneurship across India.
  • The virtual event will be organised from January 10 to January 16, 2022. The event also aims to commemorate the 75th year of India's independence 'Azadi Ka Amrit Mahotsav'.
  • 'Startup India Innovation Week' will have sessions ranging from topics such as enhancing market access opportunities, discussions with industry leaders, best practices by states, capacity building of enablers, reverse pitching by incubators, technology exhibitions, corporate connect and more.

INTERNATIONAL NEWS

India and five other nations begin anti-submarine exercise with US
India is among the six Indo-Pacific nations participating in a multi-lateral anti-submarine warfare exercise in the Pacific Ocean.
  • The Sea Dragon 22 exercise began along with the navies of India, Australia, Canada, Japan and South Korea.
  • The two US Navy P-8A Poseidon aircraft from the Golden Swordsmen and The Tridents will join the forces from the five other nations. The P-8 Poseidon Maritime Patrol and Reconnaissance Aircraft with Patrol Squadron (VP) Forty-Seven and Twenty-Six travelled to Andersen Air Force Base in Guam.

BANKING & FINANCE

Irdai issues guidelines on surety insurance business 
The insurance regulator, Insurance Regulatory and Development Authority of India (IRDAI), has come out with guidelines to promote and regulate sustainable and healthy development of the surety insurance business in the country. The guidelines will come into force from April 1, 2022.
  • A surety bond is a three-party contract by which one party (the surety) guarantees the performance or obligations of a second party (the principal) to a third party (the obligee).
  • The surety is provided by an insurance company on behalf of a principal or contractor to the obligee or government entity awarding the project.
RBI increases threshold for deposits, other funds of non-financial small businesses by 50% to Rs 7.5 crore
The Reserve Bank has increased the threshold for deposits and other funds of non-financial small businesses by 50 per cent to Rs 7.5 crore for the purpose of maintenance of Liquidity Coverage Ratio (LCR), with the aim to better align its regulations with Basel norms and also enable banks to manage liquidity risks more effectively.
  • The existing cap was Rs 5 crore, the central bank said, adding the new framework will be effective immediately.
  • Issuing the revised Basel III framework on liquidity standards -- liquidity coverage ratio (LCR), liquidity risk monitoring tools and LCR disclosure standards and net stable funding ratio -- for small business customers, the monetary authority said these revisions are aimed at helping banks manage their liquidity risks more effectively by aligning them with the norms as set out by the Basel Committee on Banking Supervision (BCBS).

BUSINESS & ECONOMY

Spread of Omicron to reduce GDP growth by 10 basis points in FY22: India Ratings
Rising cases of the Omicron variant of Covid-19 and the subsequent curbs will have an adverse impact on India's Q4FY22 GDP, said India Ratings and Research (Ind-Ra).
  • The rising cases have led to various curbs instituted by state governments such as reduced capacity of markets, night and weekend curfews to check human mobility. As per Ind-Ra's estimates, GDP growth in Q4FY22 will now come in at 5.7 per cent year-on-year (YoY) which is 40 basis points lower than the agency's earlier estimate of 6.1 per cent.
  • For  the entire FY22, the GDP is expected to clock a growth rate of 9.3 per cent YoY, 10 bp lower than our earlier estimate of 9.4 per cent.
Government of Karnataka partners with Singapore firm, LNG Alliance, for the development of Karnataka's first LNG import terminal
The Government of Karnataka and Port Authority New Mangal5ore Port Trust (NMPT) have partnered with Singapore's LNG Alliance for the facility, which will have an initial capacity of four million tonnes per annum (MTPA).
  • It will have the potential for expansion up to 8MTPA, in line with estimated demand increase over the next 20 years.
  • The import and re-gasification terminal will also have the International Organisation for Standardisation (ISO) LNG containerisation and LNG truck loading facility for serving the industrial and transportation sector.
  • LNG Alliance intends to invest around $290 million (£214m) to develop, build and operate a floating storage and re-gasification unit and manage the LNG supply.

SPORTS

Nodirbek Abdusattorov and Alexandra Kosteniuk win World Rapid Championship
Nodirbek Abdusattorov, a 17-year-old chess prodigy from Uzbekistan, emerged as the World Rapid Chess champion after overcoming a stacked field in the open event which included Ian Nepomniachtchi, defending champion Magnus Carlsen and Fabiano Caruana.
  • In the women's section, Alexandra Kosteniuk won her first world crown in rapid chess.
  • After earning 9.5 points from 13 rounds, Abdusattorov was the first among four players tied for the top spot along with Nepomniachtchi, Carlsen and Caruana.

APPOINTMENTS

LLC appoints cricketer Jhulan Goswami as ambassador
To promote women's empowerment, Legends League Cricket (LLC) has appointed cricketer Jhulan Goswami as an ambassador, LLC said.
  • LLC also announced an 'All Women Match Official Team' for the League that includes ICC empanelled female umpires and match referees from all across the world.
  • Shandre Frtiz from South Africa will be the match referee for the entire League while Shubdha Bhosle Gaikwad, the youngest female umpire in India, Lauren Agenbag from South Africa, Humaira Farah from Pakistan, and Renee Montgomery from Hong Kong will be officiating umpires.
Chilean constitutional convention elects new president, Maria Elisa Quinteros
The Constitutional Convention of Chile elected as its new president the dentist and epidemiologist María Elisa Quinteros, after nine rounds of voting, reported.
  • Quinteros, 40 years old and belonging to the Constituent Social Movements bloc, will replace the Mapuche academic Elisa Loncon, who ends her six-month term, as stipulated in the internal regulations.

AWARDS

Forensic Science Laboratory wins SKOCH award for battling crime against children
The Forensic Science Laboratory (FSL) won SKOCH Award in Silver category for its work towards combating Crime and Violence against Children.
  • It was given on the 78th SKOCH Summit organised with theme of “State of Governance”.

SCIENCE & TECHNOLOGY

ICMR approves made-in-India Omisure kit to detect Omicron variant
In  a successful attempt to cut down delays in genome sequencing to detect the Omicron variant of SARS-CoV2 (Covid-19), the Indian Council of Medical Research (ICMR) has approved a made in India ‘Omisure’ test kit.
  • This RT-PCR test kit has been developed by Tata Medical and Diagnostics to specifically detect the Omicron variant of Covid-19.
  • TATA MD has fixed the cost of the Omisure test kit at Rs 250 per test, which is cheaper than current test kits available in the market.

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