Weekly Current Affairs - 1st-7th July 2022 Part 2

 Weekly Current Affairs - 1st-7th July 2022 Part 2

Banking & Financial Awareness

1. Which bank has approved two complementary loans of $500 million each to enhance and support India’s health sector _______ World Bank.

Note:

➢ This $1 Billion financing will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM).

➢ This scheme was launched in October 2021.

2. What is the name of a learning app, that has been launched by the ICICI Securities_______ICICIdirect iLearn.

Note:

➢ An aim to provide customers with easy access to learning financial products and market topics.

➢ This will help customers with this app to better assist them in their investment journey.

3. Which insurance company Ltd has launched a smart solution, ‘Insta confirmation of insurance (Insta-COI)’+ ________ Max Life.

Note:

➢ Aim: To customers buying the ‘Max Life Smart Fixed-return Digital Plan’.

➢ This is a non-linked, non-participating, individual life insurance savings plan on Max Life website or Policybazaar platform.

4. By how much percent the growth of bank deposit has been recorded in March 2022 as compared with 11.9% in 2021, as per the Reserve Bank of India data _____ 10%.

Note:

➢ Current, savings and term deposits have been increased by 10.9%, 13.3% and 7.9%, respectively, during 2021-22.

➢ The share of current account and savings account (CASA) deposits has been increasing over the years and stood at 44.8% in March 2022 as compared with 41.7% three years ago.

5. Which bank has joined hands with EazyDiner to launch of Dining Delights for the bank customers _______ Axis Bank.

Note:

➢ It offers choice of over 10,000 premium restaurants across India and Dubai.

➢ 40% discount on specific credit cards at hand-picked premium restaurants in India and Dubai

6. Which platform will be used by ‘Aditya Birla SBI Card' credit card _______ Visa.

Note:

➢ SBI Card has entered into a partnership with Aditya Birla Finance Ltd to launch credit card named Aditya Birla SBI Card..

➢ This is a rewards-centric credit card, launched in two variants - ‘Aditya Birla SBI Card SELECT’ and ‘Aditya Birla SBI Card’.

7. According to the CRISIL, what would be the real GDP growth for India in FY23 _______ 7.3%.

Note:

➢ The downward revision to higher oil prices, slowing of export demand and high inflation.

➢ The RBI has also estimated 7.2% real GDP growth for this fiscal year.

8. Which General Insurance has joined hands with Avanse Financial Services to provide travel insurance to Indian students _______ Edelweiss General Insurance.

Note:

➢ It offers complete coverage against medical, stay, travel inconvenience-related covers, emergencies and losses.

➢ The students can also customize their plan per their needs and requirements from universities.

9. What amount of GST has been collected by the government in June 2022 _________Rs 1,44,616 crore.

Note:

➢ The mop-up in June 2021 had stood at Rs 92,800 crore.

➢ This is the second-highest collection ever, after the April 2022 mop-up of Rs 1,67,540 crore.

10. In which two cases Non-bank payment system operators (PSOs) shall require approval from the RBI ______ Takeover or acquisition of control and Sale or transfer of payment activity.

Note:

➢ The RBI shall respond within 45 calendar days after receipt of complete details.

➢ The authorised non-bank PSO should inform DPSS, CO, RBI within 15 calendar days.

11. The RBI has imposed a monetary penalty of Rs 1.05 crores on which bank for deficiencies in regulatory compliance _______ Kotak Mahindra Bank.

Note:

➢ RBI imposed Rs 1 crore penalty on IndusInd Bank.

➢ Kotak Mahindra Bank has failed to maintain margin on advances to stock brokers, credit the amount involved in the unauthorised electronic transactions to the customers’ account.

12. Which gramin bank has signed a bancassurance pact with SBI Life Insurance to offer wide product range of SBI Life _______ Paschim Banga Gramin Bank.

Note:

➢ Products include: Wealth creation, credit life, annuity and savings products.

13. Which NBFC has received an approval from the RBI to open 150 new branches across the nation ______Muthoot Finance.

Note:

➢ This approval will help the company to expand its customer base.

➢ Muthoot Finance had also expanded its doorstep service of gold loan@home across South India with an aim to make credit more accessible and easy to avail.

14. Which General Insurance company has launched a comprehensive motor insurance product named SWITCH ______ Edelweiss.

Note:

➢ This product was launched under Insurance Regulatory and Development Authority's (IRDAI) Sandbox initiative.

➢ SWITCH is a digital mobile telematics-based motor policy.

15. The Central government has decided to set up which single entity for appointments of Wholetime Directors and NonExecutive Directors in public sector banks (PSBs), public sector insurers (PSIs) and financial institutions (FIs) _________ Financial Services Institutions Bureau (FSIB).

Note:

➢ This new entity will be headed by former Chairman of Banks Board Bureau, Bhanu Pratap Sharma for two years.

➢ The Cabinet committee, headed by the Prime Minister has approved the establishment of FSIB.

16. Which general insurance company has launched the Cyber VaultEdge insurance plan for individuals _______ SBI General Insurance.

Note:

➢ This comprehensive cyber insurance cover provides protection against financial losses arising from cyber risks and attacks.

➢ This covers unauthorised e-transactions, loss of wages resulting from identity theft and instances impacting online reputation.

17. Which bank has signed an agreement with Forest and Wildlife Department of Kerala to enable digital collection of payments at eco-tourism centres, Vanasree shops, mobile Vanasree units and eco-shops across the State ______ South Indian Bank.

Note:

➢ With the help of this partnership, the digital collection system of South Indian Bank will now be available at all 124 tourist spots that comes under the Forest Department.

18. IRDAI has permitted the general insurance provider to introduce technology-enabled add-ons to which type of general insurance ________ motor insurance.

Note:

➢ Add-ons are: Pay-as-you-drive, pay-how-you-drive and floater policy for vehicles belonging to the same individual owner for two wheelers and private cars.

➢ Objective: It will make motor insurance more affordable, especially for customers who primarily opt for only third-party (TP) insurance and overlook the benefits of OD covers.

Obituaries

1. Peter Brook, who passed away, was an eminent personality in which field _______ Theatre and cinema director.

Note:

➢ He was born in London and transferred from Britain to Paris in 1970.

➢ He was received the Tony Award for Best Direction in 1966 for his interpretation of Peter Weiss’ “Marat/Sade,” and in 1970 for the production of Shakespeare’s “A Midsummer Night’s Dream.”

2. Tarun Majumdar, who passed away, he was a veteran _______Filmmaker.

Note:

➢ He has won National Award four-times and received Padma Shri.

➢ His first directed film was Chawa Pawa (1959), starring Uttam Kumar and Suchitra Sen.

3. Gopinathan Nair passed away, was a famous ________ Freedom fighter.

Note:

➢ He had participated in the Quit India Movement in 1942 and imbibed the Gandhian principles of peace and nonviolence in everyday life.

➢ He was served as chairman of the Kerala Mahatma Gandhi National Memorial Trust, which is managed by the Union Government.

Important Days

1. The Chartered Accountants’ Day or CA Day is observed on which date annually in India _____ 1st July.

Note:

➢ It is also known as ICAI Foundation Day.

➢ The day is marked to commemorate the foundation of the Institute of Chartered Accountants of India (ICAI) on July 1, 1949.

2. National Doctors’ Day has observed annually on which dare in India by the Indian Medical Association (IMA) _______ 1st July.

Note:

➢ Theme 2022: “Family Doctors on the Front Line."

➢ First time, this day celebrated in 1991 on July 1 to honour Dr Bidhan Chandra Roy, whose birth and death anniversary, both fall on July 1.

3. The first Saturday of July has been observed as which day _______ International Day of Cooperatives.

Note:

➢ This year, the International Day of Cooperatives is being observed on July 2.

➢ Theme 2022: Cooperatives Build a Better World.

4. The World UFO Day (WUD) is observed on which date annually _________ 2nd July.

Note:

➢ It is a day dedicated to the undoubted existence of Unidentified Flying Objects (UFO) by World UFO Day Organization (WUFODO).

➢ To raise awareness about the existence of UFOs.

5. World Sports Journalists Day is observed on which date every year ________ 2nd July.

Note:

➢ To celebrate the services of sports journalists for the promotion of sports.

➢ The International Sports Press Association (AIPS) established the World Sports Journalist Day in 1994.

6. On which date International Plastic Bag Free Day annually ______ 3rd July.

Note:

➢ To raise the awareness about the issue of plastic pollution on the planet.

➢ This day was first observed on July 3, 2008, by a member of Zero Waste Europe (ZWE) Rezero in Catalonia.

7. World Zoonoses Day is marked annually on which date to commemorate the first vaccination administered against a zoonotic disease ________ 6th July.

Note:

➢ To educate and raise awareness about zoonotic diseases that can transmit from animals to humans.

➢ It commemorates French biologist Louis Pasteur, who administered the first dose of the first vaccine against rabies.

8. World Kiswahili Language Day is observed on which date annually________ 7th July.

Note:

➢ Kiswahili is one of the most widely spoken languages in Africa and the most widely spoken in sub-Saharan Africa.

➢ This is also the only African language that is an official language of the African Union.

New Appointments

1. Who has become the 20th Chief Minister of Maharashtra _______ Eknath Shinde.

Note:

➢ BJP leader, Devendra Fadnavis was sworn-in as Deputy Chief Minister of the state.

➢ Devendra Fadnavis had served as the CM of Maharashtra from 2014-19.

2. Who has been officially became the 14th prime minister of Israel, after replacing Naftali Bennett ______ Yair Lapid.

Note:

➢ His term could be a fairly short one, as he takes over a caretaker government ahead of national elections on November 1.

➢ He is a former journalist who serving as PM of Israel since July 1, 2022.

3. Who has been appointed as a brand ambassador of PokerBaazi ________ Shahid Kapoor.

Note:

➢ To create a robust ecosystem for Poker in India.

➢ According to research firm Statista, the online gaming industry across India was valued at around ₹79 billion in 2021, marking a leap from about ₹65 billion in 2020.

4. Who has been appointed as President of world's anti-terrorism financing agency, Financial Action Task Force (FATF) for two years (July 2022 -June 2024) _______ T Raja Kumar.

Note:

➢ He succeeded Dr Marcus Pleyer, who served as the chief of the FATF.

➢ He will be responsible for enhancing the effectiveness of global anti-money laundering and counter-terrorist financing measures.

5. Who was elected as the 16th Speaker of the Maharashtra Legislative Assembly after defeating Rajan Salvi (Shiv Sena candidate) _______ Rahul Narwekar.

Note:

➢ The post of the Maharashtra Speaker was vacant after Nana Patole (Congress) resigned from the office in February 2021.

6. Who has been appointed as the new chief executive officer and managing director of Aviva India, with effect from July 11, 2022 ______ Asit Rath.

Note:

➢ He will replace Amit Malik, who is leaving the business after 10 years.

➢ Currently, He is working as the CEO of Prudential Myanmar Life Insurance.

7. Who has been appointed as the new brand ambassador for FanCode ________ Ravi Shastri

Note:

➢ FanCode is set to host some of the best cricketing action with exclusive rights to India’s tour of the West Indies and ECB’s The Hundred.

➢ Shastri will bring out FanCode’s ‘fan-first’ proposition by leading the upcoming campaigns for these properties.

8. Who has been appointed as the president of the Association of Indian Universities (AIU) _______ Vice-Chancellor of Jadavpur University, Suranjan Das.

Note:

➢ His one year tenure has come into effect from July 1.

➢ Earlier, he was a Professor of History at the University of Calcutta and served the Vice Chancellor at University of Calcutta for the period between 2008 and 2015.

9. Who has been reappointed as MD & CEO of Manappuram Finance with effect from 27 July 2022 upto 31 March 2024 ________ VP Nandakumar.

Note:

➢ He is post graduate in science with additional qualifications in Banking & Foreign Trade.

➢ He started his banking career with Nedungadi Bank. In 1992, he promoted Manappuram Finance and has been a director of the company since then.

10. Who has been assigned the charge of Ministry of Minority Affairs after the resignation of Mukhtar Abbas Naqvi ______ Smriti Irani.

Note:

➢ Jyotiraditya Scindia has been given the additional charge of the Ministry of Steel after the resignation of Ram Chandra Prasad Singh.

11. Who has been appointed as Force Commander of the United Nations Mission in South Sudan (UNMISS) _______Lt Gen Mohan Subramanian.

Note:

➢ He succeeds Lt Gen Shailesh Tinaikar (India).

➢ Presently, he is serving as the Commandant of Defence Services Staff College, Wellington.

Important News – India

1. The government of India has banned the single-use plastic from ________July 1, 2022.

Note:

➢ As per the notification on August 12, 2021, the government has prohibited the manufacture, import, stocking, distribution, sale, and use of all identified single-use plastic items, which have low utility and high littering potential with effect from July 1, 2022.

2. Which state has topped the 'Top Achievers' list as per the Business Reform Action Plan (BRAP)- 2020, was released by FM Nirmala Sitharaman _______ Andhra Pradesh.

Note:

➢ Top Achievers: Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Telangana and Tamil Nadu.

➢ Achievers category: Himachal Pradesh, Madhya Pradesh, Maharashtra, Odisha, Uttarakhand and Uttar Pradesh

➢ Aspirers category: Assam, Chhattisgarh, Goa, Jharkhand, Kerala, Rajasthan and West Bengal.

3. PM Narendra Modi has participated in which programme to launch various key initiatives to ramp up the MSME sector ________ Udyami Bharat.

Note:

➢ Raising and Accelerating MSME Performance: Aims to scale up the implementation capacity and coverage of MSMEs

➢ Capacity Building of First-Time MSME Exporters: To encourage MSMEs to offer goods and services of international standards for the global market.

➢ Prime Minister’s Employment Generation Programme

4. Which state-owned organisation has planted 75 sapling under Azadi Ka Amrit Mahotsav to create Namami Gange Amrit Vatika at Kalindi Kunj Ghat on River Yamuna in New Delhi ________ National Mission for Clean Ganga (NMCG).

Note:

➢ This activity was carried out under the initiative Yamuna Ghat par Vriksharopan.

➢ NMCG has also conducted the Cleanliness drive on River Yamuna in Delhi is a regular activity organized on the 4th Saturday of every month.

5. PM Narendra Modi has virtually inaugurated Bosch India's first smart campus in which city, was built at a cost of Rs 800 crore ________ Bengaluru.

Note:

➢ The 76-acre, Spark.NXT campus facilitates multiple smart solutions based on security, sustainability, and user experience for associates, visitors, and facility management.

➢ At present, Bosch has 16 manufacturing sites and seven development and application centres in India.

6. What is the theme of Digital India Week 2022, that was inaugurated by PM Narendra Modi at Gandhinagar in Gujarat on July 4, 2022 ________Catalyzing New India’s Techade.

Note:

➢ He will also launch ‘Digital India GENESIS’ - a National Deep-tech Startup Platform, to discover, support, grow and make successful startups in Tier-II and Tier-III cities of India.

7. Which train holds the title of the longest train route in the country (both in terms of distance and time), runs from Dibrugarh in Assam to Kanyakumari in Tamil Nadu _______ Vivek Express.

Note:

➢ The train covers total of nine states: Assam, Nagaland, Bihar, West Bengal, Jharkhand, Odisha, Andhra Pradesh, Kerala, and Tamil Nadu.

➢ The announcement of the Vivek Express was made in presentation of the railway budget for 2011-12 by Mamata Banerjee (then Railway Minister of India).

8. India’s largest floating solar plant is now fully operational in which state ________Ramagundam, Peddapalli district of Telangana.

Note:

➢ Capacity : 100MW

➢ This floating solar power photovoltaic project was commissioned by the NTPC.

➢ As of July 1, the total commercial operation of floating solar capacity in the southern region has risen to 217 MW.

9. Which organisation has develop a National Health Claims Exchange as a digital platform to settle health claims in association with IRDAI _______ National Health Authority (NHA).

Note:

➢ Debasish Panda (Chairman of IRDAI) has proposed for creation of a working group with representation from industry.

➢ This group will decide how to make the largest segment of general insurance in India attract more people to buy health insurance.

10. Which state has been selected as the 'Best Performer State' for the third time in the States' Startup Ranking 2021 _______ Gujarat.

Note:

➢ The ranking has categorized the states under two categories - category A and category B - based on their size.

➢ Top performers:

➢ A category: Kerala, Maharashtra, Odisha, and Telangana

➢ B category: J&K

➢ Startup leaders:

➢ Category A: Tamil Nadu, Uttarakhand, Uttar Pradesh, Punjab and Assam

➢ Category B: Arunachal Pradesh, Goa, Andaman and Nicobar Islands.

11. Which state has come before Uttar Pradesh as the top state in the State Ranking Index for National Food Security Act (NFSA) ________ Odisha.

Note:

➢ The first edition of State Ranking Index for NFSA has been released by Consumer Affairs Minister Piyush Goyal.

➢ Special Category: Tripura, followed by Himachal Pradesh and Sikkim.

➢ Last: Ladakh (34), Meghalaya (33), Manipur(32)

12. Who has launched the TiHAN, a Testbed for Autonomous Navigation for both ground and aerial vehicle testing at IIT Hyderabad _______ MoS, Jitendra Singh.

Note:

➢ Aim: to promote collaborative research between academia, industry and R&D labs.

➢ TiHAN refers to Technology Innovation Hub on Autonomous Navigation.

13. The Competition Commission of India (CCI) has approved which organisation to acquire minority and non-controlling stake of 1.28% of equity capital of Bharti Airtel Limited _______ Google International LLC.

Note:

➢ Along with this investment agreement, both companies have also entered into certain commercial deals through their affiliates.

➢ Google International LLC is a wholly-owned subsidiary of Google LLC, latter is a wholly-owned subsidiary of Alphabet Inc.

14. Which energy company has collaborated with the United Nations Environment Programme (UNEP) and SelfEmployed Women’s Association of India (SEWA) to launch ‘Project Surya’ _______ ReNew Power.

Note:

➢ Aim: To train low-income women salt pan workers to work as solar technicians.

➢ Women salt pan workers will be trained as solar panel and solar pump technicians at Dhokavada village in the Patan district of Gujarat.

15. Greenko has signed MoU with which IIT to launch nation's first dedicated school for sustainable science and technology _______ IIT Hyderabad.

Note:

➢ Aims: Fill the gap in research, education and skills in the sustainable development space.

➢ The school will also promote studies in climate change mitigation; artificial intelligence and space technology; energy transition and industrial transformation.

16. India has signed MoU with which country on High Impact Community Development Projects, with financial and technical assistance from India _______ Armenia.

Note:

➢ The MoU was signed at the 8th India-Armenia Intergovernmental Commission on Trade, Economic, Scientific and Technological, Cultural and Educational Cooperation (IGC) held in Yerevan.

➢ Later, Mahatma Gandhi Auditorium was inaugurated at the Yerevan State Medical University (YSMU).

17. The centrally sponsored scheme, Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) was launched in which year ________29th June 2020.

Note:

➢ By the Ministry of Food Processing Industries under the Aatmanirbhar Bharat Abhiyan.

➢ Aim: formalising the food processing sector and celebrating their tremendous support towards the economy.

18. Which ministry organize “Hariyali Mahotsav” on 8th July, 2022 at Talkatora Stadium, New Delhi ______Ministry of Environment, Forest & Climate Change.

Note:

➢ Aim: To create awareness about the importance of trees in the life.

➢ This is being organized by Ministry of Environment in association with the State Governments, Police Institutions and Schools of Delhi for undertaking plantation drives..

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