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Index
No. of Chapter Topic Name

Appointment (National, International)

Awards (National, International)

Government Scheme/ campaign

Summit/ Conference

Partnership/ Agreement

Ranking Index

Mergers and Acquisitions

Loan

App/Website/Portal

Important MoU

GDP Forecasting

Current Affairs (National) In Short

Current Affairs (International)

Banking & Financial

Committee

Defence News

Sports News

Book and Author

Important Day

Science & Technology

Obituary

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Chapter 1: Appointment (National, International)

(National)
Organization Person
Sanjay Arora
Appointed as Delhi Police Commissioner
(Update 01 August)

Appointed as Principal Director General Satyendra Prakash


of the Press Information Bureau (PIB) (Update 01 August)

Additional charge of Director General of Dr. Sujoy Lal Thaosen


Indo-Tibetan Border Police (ITBP) (Update 02 August)

Appointed as brand ambassador for Vaani Kapoor


Noise new smartwatch (Update 02 August)

Appointed as a director in the Prime IFS officer Shweta Singh


Minister's Office (PMO). (Update 02 August)

Appointed as a World Bank's Country Auguste Tano Kouam


Director for India (Update 02 August)

Appointed as new Central Vigilance Suresh N Patel


Commissioner (Update 04 August)

Apppointed as Chairman of Vodafone Ravinder Takkar


Idea (Update 04 August)

Justice Uday Umesh Lalit


To be the 49th Chief Justice of India
(Update 05 August)

New Chairman and Managing Director Ranjit Rath


(CMD) of Oil India Limited (OIL) (Update 05 August)

Nalin Negi
Appointed as CFO of BharatPe
(Update 06 August)

One-year extension for Union cabinet Rajiv Gauba


secretary (Update 07 August)

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Elected as 14th the vice-president of Jagdeep Dhankar


India (Update 07 August)

Appointed as MD& CEO of Unity Small Inderjit Camotra


Finance Bank (SFB) (Update 07 August)

Appointed as first woman director Nallathamby Kalaiselvi


general of The Council of Scientific and
Industrial Research (CSIR). (Update 08 August)

Appointed as Chief Financial Officer Pramod Kumar


(CFO) of Power Grid Corporation (Update 10 August)

Re-appointed as managing director of Gopal Vittal


Airtel (Update 13 August)

Appointed as brand ambassador of Rishabh Pant


Uttarakhand (Update 13 August)

Re-appointed as part-time non-official Satish Kashinath Marathe, Swaminathan


directors on the central board of the Gurumurthy, Revathy Iyer, and Sachin
Reserve Bank of India for a term of four Chaturvedi
years (Update 16 August)

Nidhi Gupta, Sanjay Vashisth, Tribhuvan


Dahiya, Namit Kumar, Harkesh Manuja,
Appointments of another 11 High Court Aman Chaudhary, Naresh Singh, Harsh
Judges in the Punjab and Haryana High Bunger, Jagmohan Bansal, Deepak
Court Manchanda and Alok Jain

(Update 16 August)

Appointed as MD of The Centre and the


board of National Bank for Financing Rajkiran Rai
Infrastructure and Development (Update 17 August)
(NaBFID)

Re-appointed as Union Home Secretary Ajay Bhalla


for one year (Update 20 August)

Vijay Shekhar Sharma


Reappointed as MD and CEO of Paytm
(Update 22 August)

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Appointed as the secretary to president Rajesh Verma


Droupadi Murmu (Update 23 August)

Debasisa Mohanty

(Update 23 August)
Appointed as the Director of the National About National Institute of Immunology
Institute of Immunology (NII) (NII)

• Founded - 1981
• Located - New Delhi
• Founder Director- G.P. Talwar
Appointed as new Chief Financial Officer Dixit Joshi
(CFO) of Credit Suisse (Update 24 August)

Resigned PNB Housing Finance Interim Kaushal Mithani


CFO (Update 25 August)

Appointed as non-executive directors of Gopal Jain, Sivakumar Gopalan


RBL Bank (Update 25 August)

Extended tenure as NDDB Chairman for 6 Meenesh Shah


months (Update 25 August)

Appointed as its first brand ambassador Sourav Ganguly


DreamSetGo (Update 26 August)

Appointed as Chairman of Defence


Research and Development Organization
(DRDO)

About Defence Research and


Dr. Samir V Kamat
Development Organization (DRDO)
(Update 26 August)
• Founded - 1 January 1958
• Headquarters - New Delhi
• Motto - "Strength's Origin is in
Knowledge"
• Chairman - Dr. Samir V Kamat
Appointed as the new Managing Director Mahendra N Shah
(MD) of IDFC limited (Update 28 August)

Appointed as whole-time member of SEBI Ananth Narayan Gopalakrishnan

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(Update 29 August)

(International)
Organization / Country Person

Appointed as World Bank's Country Auguste Tano Kouam


Director for India (Update 02 August)

Grandmaster Viswanathan Anand


Appointed as Deputy President of FIDE
(Update 08 August)

Appointed as the Assistant Director


General of the International Crops Sanjay Agarwal
Research Institute for the Semi-Arid (Update 09 August)
Tropics (ICRISAT).

Gustavo Petro

Sworn in as Colombia's first leftist Capital: Bogotá


President Currency: Colombian peso

(Update 09 August)

James Marape

Sworn in as prime minister of Papua Capital: Port Moresby


New Guinea Currency: Papua New Guinean kina

(Update 11 August)

Appointed as head of United Nations Guillermo Pablo Rios


Military Observer Group in India and
Pakistan (UNMOGIP) (Update 11 August)

William Ruto

Capital: Nairobi
Elected as the new president of Kenya
Currency: Kenyan shilling

(Update 17 August)

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Appointed as Executive Secretary of Simon Stiell


United Nations Framework Convention
on Climate Change (UNFCCC) (Update 18 August)

Extended tenure of DCGI by three Chief VG Somani


months (Update 18 August)

Recommended for the post of NABARD Mohammad Mustafa


Chairman by the Financial Services
Institutions Bureau (FSIB) . (Update 18 August)

Appointed as MD & CEO of Bajaj Anuj Poddar


Electricals elevates (Update 18 August)

Appointed to high-level UN internet Alkesh Kumar Sharma


panel (Update 19 August)

Colonel Abdoulaye Maiga


Elected as interim PM of Mali
(Update 24 August)

Appointed as the next High


Commissioner of India to UK

About RBL BANK Vikram Doraiswami

• Founded - 1943 (Update 24 August)


• Headquarters - Mumbai
• MD & CEO - R Subramaniakumar
• Tagline - Apno ka Bank
Appointed as India's Executive Director Krishnamurti Subramanian
at the International Monetary Fund
(IMF) (Update 26 August)

Ana Brnabic

Capital: Belgrade
Re-elected as Prime Minister of Serbia
Currency: Serbian dinar

(Update 30 August)

Appointed as interim President of Adille Sumariwalla


Indian Olympic Association (Update 30 August)

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Appointed as MD & CEO of Mercedes- Santosh Iyer


Benz (Update 31 August)

Appointed as India's ambassador to Nagesh Singh


Thailand (Update 31 August)

Chapter 2: Awards (National, International)


(National)
Award Person/Organization Purpose/ Field
It is the highest honour
given to the military,
'President's Colours' Tamil Nadu Police paramilitary and police
forces of States and Union
Territories.
The 'dPal rNgam
Duston' award - the Tibetan spiritual leader For his immense
highest civilian honour Dalai Lama contribution to humanity
of Ladakh
Various categories of 1,082 police personnel from
service medals CAPFs and state forces
Armed forces and CAPF
107 gallantry awards
personnel

(International)

Award Person/Organization Purpose/ Field

'Distinguished 'In recognition of his


Canadian scholar Jeffrey outstanding contribution
Indologist for 2021'
Armstrong to the study of India's
award
history & culture'.
First Indian
An Indian professor,
psychologist on US
Ramadhar Singh
Heritage Wall of Fame
Crowned Miss India USA Indian origin teenager
2022 Aarya Walvekar

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Lisbon Triennale
Millennium bcp Lifetime Marina Tabassum For architectural work
Achievement Award
France’s highest civilian
For his writings and
award Chevalier de la Shashi Tharoor
speeches.
Legion d’Honneur
Category of Illustrated
Pulitzer Prize 2022 Fahmida Azim Reporting and
Commentary

Ukrainian President For his heroic defense of


Liberty Medal 2022 liberty in the face of
Volodymyr Zelenskyy
Russian tyranny
UNESCO Peace Prize Former German chancellor "Her efforts to welcome
2022 Angela Merkel refugees"
Miss Diva Universe
Karnataka's Divita Rai
2022

Awards 2022: 107 gallantry awards Complete winners list

Following is the list of gallantry awards approved by President Murmu-


Kirti Chakra

1. NK Devendra Pratap Singh, Armd, 55 RR


2. Sudip Sarkar, Constable/gd, BSF (Posthumous)
3. Paotinsat Guite, Sub-inspector/gd, BSF (Posthumous)
Shaurya Chakra

1. Maj Nitin Dhaania, 2 Para (SF)


2. Maj Amit Dahiya, Sm, 1 Para (SF)
3. Maj Sandeep Kumar, Grenadiers, 55 RR
4. Maj Abhishek Singh, Mech Inf, 50 RR
5. Hav Ghanshyam, Grenadiers, 55 RR
6. L/nk Ragh Vendra Singh, Mech Inf, 9 RR
7. Sep Karn Veer Singh, Rajput, 44 RR (Posthumous)
8. Gnr Jasbir Singh, Arty, 19 RR (Posthumous)
9. Lt Cdr Mritunjay Kumar
10. Amit Kumar, Assistant Commandant, CRPF
11. Somay Vinayak Munde, IPS, Addl. Superintendant of Police, Maharashtra Police
12. Ravindra Kashinath Naitam, Police Naik, Maharashtra Police
13. Tikaram Sampatrao Katenge, Police Naik, Maharashtra Police
Bar to Sena Medal (Gallantry)

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1. Maj Archit Sharma, Sena Medal, Mech Inf, 42 RR


2. Maj Narender Singh Waldia, Sena Medal, Engrs, 44 RR
Sena Medal (Gallantry)

1. Lt Col Vivek Kumar Dwivedi, Arty, 663 Army Avn Sqn (R&O)
2. Lt Col Sudhanshu Dhyani, 671 Army Avn Sqn (R&O)
3. Lt Col Prasoon Singh, 5 Rajput
4. Maj Angad Singh Behl, 14 Jat
5. Maj Vaibhav Bhatnagar, 3 Rajput
6. Maj Sahil Kumar, 4 Para (SF)
7. Maj Parth Chandel, Bihar, 24 RR
8. Maj Vivek Kamboj, Grenadiers, 55 RR
9. Maj Mritunjay Katoch, Garh RIF, 14 RR
10. Maj Sudeep Kumar, Sikh, 46 RR
11. Maj Divya Agre, Garh RIF, 14 RR
12. Maj Rishav Jamwal, Garh RIF, 14 RR
13. Maj Anuj Veer Singh, Jat, 34 RR
14. Maj Prabhjot Singh Saini, Raj RIF, 9 RR
15. Maj Mandeep K Narwal, Garh RIF, 48 RR
16. Maj Akash Sen, Sikh Li, 19 RR
17. Maj Arun Kumar, Asc, 1 RR
18. Maj Abhinav Nehra, 2 Para (SF)
19. Maj Rajesh Rawat, Mahar, 1 RR
20. Maj Navneet Singh, 1 Para (SF)
21. Maj Vijay Singh, Armd, 6 Assam RIF
22. Maj Aditya Bisht, Assam, 42 RR
23. Maj Sankalp Yadav, Arty, 33 R&o Flt (Posthumous)
24. Maj Apraant Raunaq Singh, Raj RIF, 9 RR
25. Maj Soubam Kinobabu Singh, 2 Jak Li
26. Maj Jasmeet Singh Bhatia, Engrs, 55 RR
27. Maj Vikas Kumar, Kumaon, 13 RR
28. Maj Dinesh a, Engrs, 44 RR
29. Maj Irengbam Vishal Meetei, 19 Jak RIF
30. Capt Anchit Sarpratap Rattani, 9 Para (SF)
31. Capt Nikhil Manchanda, 2 Para (SF)
32. Capt Abid Sohail, Sigs, 13 RR
33. Capt Reshab Dhungana, Sigs, 50 RR
34. Capt Srivathsan K, Gr, 6 Assam RIF
35. Capt Mushtaq Ul Islam Khan, 12 Jat
36. Sub Ram Singh, Garh RIF, 48 RR (Posthumous)
37. Nb Sub Sandeep Kumar, 9 Para (SF)
38. Nb Sub Kailash Joshi, 2 Para (SF)
39. Nb Sub Daljeet Singh, 9 Para (SF)

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40. Nb Sub Gursev Singh, 8 Sikh Li


41. Hav Rajendra Singh, 2 Para (SF)
42. Hav Manish Dhuliya, 4 Para (SF)
43. Hav Sonit Kumar Saini, 102 Engr Regt (Posthumous)
44. Hav Om Prakash, Grenadiers, 55 RR
45. Hav Ashok Kumar, Rajput, 44 RR
46. Hav Bhupendra Chand, Kumaon, 13 RR
47. Hav R Bithungo Lotha, Assam, 2 Arunachal Scouts Bn
48. L/hav Major Singh, 4 Sikh
49. Nk Jagjit Singh, Mech Inf, 9 RR
50. Nk Norden Lepcha, Mech Inf, 9 RR
51. Nk Akash Sadhotra, Mech Inf, 50 RR
52. Nk Sarabjit Singh, Armd, 55 RR
53. Nk Banwari Lal Rathore, 270 Engr Regt (Posthumous)
54. Nk Bhuva Rajubhai Rambhai, Guards, 50 RR
55. Nk Lalit Singh Shekhawat, Raj RIF, 9 RR
56. Nk Bhupinder Singh, 2 Para (SF)
57. Nk Amit Kumar, Grenadiers, 55 RR
58. Nk Guddu Kumar, Grenadiers, 55 RR
59. Nk Sanjeev Kumar, 3 Rajput
60. Nk Shakti Singh, 3 Rajput
61. Nk Mahipal Singh, Rajput, 44 RR
62. Nk Kesar Singh, Rajput, 44 RR
63. Nk Sartaj Ahmad Wagay, Jak Li, 50 RR
64. L/nk Sutinder Singh, Mech Inf, 42 RR
65. L/nk Satish Kumar, Dogra, 62 RR
66. L/nk Parveen Singh, Jat, 34 RR
67. L/nk Pramod Lamba, Jat, 34 RR
68. Sep Vikas Khatri, Mech Inf, 50 RR
69. Sep Dalvinder Singh, Mech Inf, 9 RR
70. Sep Sasankha Sekhar Samal, 233 (I) Fd Wksp Coy(Posthumous)
71. Sep Jagpreet Singh, Sikh, 16 RR
72. Sep Adesh Singh, Jat, 34 RR
73. Sep Amarjit, Jat, 34 RR
74. Sep Chaina Ram, Jat, 34 RR
75. Sep Narender Sharma, Kumaon, 50 RR
76. Rfn Lakhan Singh, Raj RIF, 9 RR
77. Rfn Deepak Phogat, Raj RIF, 9 RR
78. Rfn Sheikh Shahbaz Yousuf, 1 Jak Li
79. Rfn Ishan Hussain Khan, Jak Li, 19 RR
80. Swr Rajbir Singh Tanwar, Armd, 24 RR
81. Spr Hanamant Dhareppa Ayatti, Engrs, 44 RR

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Indian Film Festival of Melbourne 2022 awards

• Best Film- 83
• Best Director- Shoojit Sircar (Sardar Udham) and Aparna Sen (The Rapist)
• Best Actor- Ranveer Singh (83)
• Best Actress- Shefali Shah (Jalsa)
• Best Series- Mumbai Diaries 26/11
• Best Actor in a Series- Mohit Raina (Mumbai Diaries 26/11)
• Best Actress in a Series- Sakshi Tanwar (Mai)
• Best Indie Film- Jaggi
• Best Film from the Subcontinent- Joyland
• Lifetime Achievement Award- Kapil Dev
• Disruptor in Cinema Award- Vaani Kapoor (Chandigarh Kare Aashiqui)
• Equality in Cinema Award- Jalsa
• Leadership in Cinema Award- Abhishek Bachchan

Chapter 3: Government Scheme/ campaign

SCHEME PURPOSE

Tamil Nadu government has issued an order to implement the


‘Chief Minister's Breakfast Scheme' first phase of the Chief Minister's Breakfast Scheme at 1,545
government primary schools.
(Tamil Nadu)
It will benefit over 1.14 lakh children in Classes I-V during 2022-23.

Kerala launched eggs and milk scheme for Anganwadi children


to provide milk and eggs to children at all anganwadis in the state.
Eggs and milk scheme

(Kerala) Under this project, four lakh children in the age group of 3-6 from
the 33,115 anganwadis of the state will receive eggs and milk
twice a week.

The government has launched State University Research


Excellence scheme. It will provide much-needed research
State University Research Excellence opportunities to the faculties of state universities, 45 percent of
scheme which are located in rural areas.

It has been launched to augment the research capabilities in a


structured way to create a robust research and development
ecosystem in state and private universities and colleges.

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'Chief Minister Equal Education Relief, Haryana government has launched the 'Chief Minister Equal
Assistance and Grant' (Cheerag) Education Relief, Assistance and Grant' (Cheerag) scheme.
scheme Under the scheme, the government will provide free education to
Economically Weaker section (EWS) students of Government
(HARYANA)
schools in private schools.
Telangana Government has launched 'Nethanna Ku Bima'
Scheme, an insurance scheme, which covers handloom and power
'Nethanna Ku Bima'
loom weavers in the State.
(Telangana)
The insurance coverage scheme will be implemented in association
with LIC.

Ministry of Home Affairs has sanctioned approval for the


creation of Village Defence Guard Scheme - 2022 in Jammu and
Village Defence Guard Scheme – 2022 Kashmir.

(J&K) Under this scheme, rifles were provided to VDC's and they
protected their villages from terrorist attacks and terror-
related activities.

Uttarakhand CM Pushkar Singh Dhami on the occasion of


National Sports Day has launched the CM Udyman Khiladi
'CM Udyman Khiladi Unnayan Yojana' Unnayan Yojana.

(Uttarakhand) Under this scheme, a sports scholarship of Rs1500 per month


will be given to the emerging players of the state between the
age group of 8 to 14 years.

Chapter 4: Summit/ Conference


Summit/Conference Location About

Prime Minister Narendra Modi has inaugurated the


first DLSA Meet in New Delhi.

The first-ever meet of DLSAs is being organized by


All India District Legal
National Legal Services Authority.
Services Authorities (DLSA) New Delhi
Meet There is a total of 676 DLSAs in the country & in the
meeting, they will discuss the ways to bring
homogeneity and synchronization across DLSAs.

Union Minister Sarbanand Sonowal has inaugurated


Chabahar Day conference Mumbai
the Chabahar Day conference.

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Objective - To mark the Chabahar Link to


International North-South Transport Corridor (INSTC)
Connecting Central Asian Markets.

Amit Shah has inaugurated a two-day National


Security Strategies (NSS) Conference in New Delhi.

National Security Strategies Objective – ‘To ensure a safe and secure nation by
New Delhi strengthening all aspects of the national security
Conference
mechanism.’
The Conference is being attended by 600 officers
from across the country, physically and virtually.
In this both the countries discussed Defence and
4th India-Philippines Security Cooperation & also exchanged views on
Manila
Strategic Dialogue Association of Southeast Asian Nations (ASEAN)-
related matters.
PM Narendra Modi addressed the 44th National
Conference of Labour Ministers and Secretaries of
all states and UT via video conferencing.
44th National Conference of
The two-day conference is being organized by the
Labour Ministers and
Andhra Pradesh Union Ministry of Labour & Employment at
Secretaries of all states and
TirupAati, Andhra Pradesh.
Union Territories
Accordingly, the 44th session of the National
Labour Conference has been named Vision
Shramev Jayate @2047.

An Indian Parliamentary delegation led by Lok Sabha


65th Commonwealth Speaker Om Birla will be attending the 65th
Canada
Parliamentary Conference Commonwealth Parliamentary Conference (CPA) at
Halifax in Canada.

Chapter 5: Partnership/ Agreement

Partnership/ Agreement Aim


Reliance, Ola and Rajesh Exports For battery manufacturing
signed an agreement To create battery manufacturing capacity
of about 95-gigawatt hour.
Amazon India has signed an To boost its delivery services in the
agreement with Indian Railways country.
European plane manufacturer
To provide aircraft maintenance training
Airbus has signed an agreement
to young engineers.
with the GMR Group

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SVC Bank signed an agreement with To extend refinance facility to facilitate


SIDBI improved credit flow to MSMEs
HDFC Bank partnered with To make a debut in the Trade receivables
M1xchange Discounting System (TReDs) platform.
IDFC FIRST Bank partnered with To explore synergies and support the startup
LetsVenture ecosystem by offering curated products
and solutions to startups, founders and
investors.
Paytm partnered with Piramal To further expand its merchant loan
Finance business to small towns and villages of
India.
YES Bank joined hands with This partnership will strengthen the
IBSFINtech corporate treasury ecosystem with a strong
decision-making tool and automated
workflows.
ONGC signed an agreement with For deep-water exploration on the east and
ExxonMobil the west coasts of India.

The two companies will focus on the


Krishna-Godavari and Cauvery basins in the
eastern offshore and the Kutch-Mumbai
region in the western offshore.
Yes Bank partnered with SellerApp To adopt Open Network Digital Commerce
(ONDC).

This partnership will help them to expand


their digital commerce footprint.
Paytm has partnered with Samsung To provide smart payments as well as its
stores across India loan service Paytm Postpaid through
deployment of point-of-sale devices.
MasterCard partnered with
badminton players (Lakshya Sen,
Kidambi Srikanth, Satwiksairaj To promote digital payments in India.
Rankireddy, and Chirag Shetty)
Global escrow banking solution provider
Castler partnered with Yes Bank Castler has partnered with Yes Bank to
offer digital escrow services for the
bank's customers.
SIDBI partnered with Tata Power's To launch an innovative program that will
TPRMG see 1,000 green energy enterprises
established throughout the nation.
The Asian Development Bank (ADB) Signed an agreement to improve water
and the Indian government supply in Himachal Pradesh

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Royal Enfield with UNESCO (the Partnered to promote and safeguard the
United Nations Educational, 'Intangible Cultural Heritage of India
Scientific and Cultural Organisation)
Mastercard with livelihood Partnered to create an agri-tech platform
promotion institution BASIX Social for farmers
Enterprise Group

Fintech platform KreditBee with API Partnered to offer customers an option to


banking solutions company convert their online purchases into EMIs at
Cashfree Payments. the time of checkout itself for non-credit
card holders.
HDFC Bank with Tata Neu
Partnered to launch two new credit cards.

Non-life Insurer Universal Sompo Partnered to offer insurance against home


General Insurance with Chennai- loans
based Repco Home Finance Ltd
Signed two contracts for the construction of
a new broad-gauge line between Khulna-
Bangladesh and India Darsana and the conversion of meter gauge
line into a dual-gauge line between
Parbatipur and Kaunia.
RailTel (a CPSU of the Ministry of Partnered to launch India’s first Shared
Railways) with CloudExtel (a known Radio Access Network (RAN) solution for
Full Stack Network as a Service congested locations with the objective of
(NaaS) Provider) enhancing telecom users’ experience.

ICICI Bank with the National Partnered to launch a range of credit cards
Payments Corporation of India on the native payments network Rupay.
(NPCI)
Indian Institute of Technology (IIT) Partnered to develop a boxing analytics
Madras has partnered with platform Smartboxer.
Karnataka-based Inspire Institute of
Sports (IIS)
Pharmacopoeia Commission for Signed an agreement for the promotion and
Indian Medicine Homoeopathy facilitation of One Herb, One Standard in
(under the Ministry of Ayush) with New Delhi.
the Indian Pharmacopoeia
Commission (under the Ministry of
Health)
National Minorities Development Signed an agreement for the development of
and Finance Corporation (NMDFC) financial accounting software and mobile
with ICICI Bank application.

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Chapter 6: Ranking Index


LIC enters Fortune 500 list, Reliance jumps 51 places
• Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500
list, while Reliance Industries has jumped 51 places.
• The nation's biggest life insurer with revenue of USD 97.26 billion and a profit of
USD 553.8 million, was ranked 98th on the just released Fortune 500 list. This is
the first outing of LIC on the list, which ranks listed companies by sales.
• Reliance Industries jumped 51 places to 104th on the 2022 list.
• Reliance, with revenue of USD 93.98 billion and a net profit of USD 8.15 billion in
the latest year, has been on the list for 19 years.
• Fortune Global 500 list ranks companies by total revenues for their respective
fiscal years ended on or before March 31, 2022.

Chapter 7: Mergers and Acquisitions

Merger Company About


The Competition Commission of India (CCI)
has approved the proposed Rs 4,500 crore
IDFC Asset Management and IDFC AMC deal wherein the Bandhan Financial
Trustee Holdings-led consortium will buy stakes in
IDFC Asset Management and IDFC AMC
Trustee.
HDFC Property Ventures and HDFC The combined platform will advise and
Venture Cap to be merged with HDFC manage around $4.1 billion of assets and
Capital Advisors this makes it the largest private equity firm
in India.
Adani Group acquired a 29.2% stake
in New Delhi Television Ltd (NDTV)

Chapter 8: Loan

NO News

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Chapter 9: App/Website/Portal

App/ Website/Portal Company / Department Purpose

Aimed at providing
philanthropists, NGOs, and
citizens concerned with a
Assam Chief Minister platform through which they can
'Adopt an Anganwadi'
Himanta Biswa Sarma contribute to the welfare of the
society by adopting full or
partial expenses of an
Anganwadi centre.
Aim - To encourage the citizen to
Chief minister Pinarayi
'Lucky Bill App' ask for a bill every time they
Vijayan.
make a purchase.
'Paalan 1000 - Journey of the
First 1000 Days' focuses on the
Paalan 1000 National Union Minister of cognitive developments of
Campaign and Maharastra for Health children in the first two years of
Parenting App Bharati Pravin Pawar life, while the companion app will
provide the caregiver with
practical advice.
To procure through the GeM
portal like other government
Government e- Union Home and buyers— Central and state
Marketplace (GeM) Cooperation Minister Amit ministries, departments, public
portal Shah has launched sector enterprises,
autonomous institutions and
local bodies.
The portal NIDAAN has been
developed by the Narcotics
NIDAAN or the Control Bureau (NCB).
National Integrated Union Home Minister Amit The first-of-its-kind database of
Database on Arrested Shah arrested narcotics offenders has
Narco Portal been made operational for use by
various central and state
prosecution agencies.
To facilitate citizens to nominate
'Rashtriya Puruskar individuals/organizations for
Union Government
Portal ' various awards instituted by the
Government.
Portal named 'All This portal provides information
HDFC ERGO General
Things EV' for Electric on nearby charging stations and
Insurance Company
Vehicles (EV). locations of charging stations.

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Dr. Jitendra Singh has unveiled a


website Union Minister for Earth dedicated website
www.swachhsagar.org Sciences Dr. Jitendra Singh www.swachhsagar.org to give a
further boost to the ongoing
Coastal Clean-Up campaign.
University Grants Commission
(UGC) will now monitor and
University Grants resolve all grievances of students
'e-Samadhan'
Commission (UGC) and staff in varsities through a
centralized portal called ‘e-
Samadhan.
The App enables the common
Mobile application "JK citizens to use a host of services
The Jammu & Kashmir Police ranging from registering a
Ecop".
complaint to downloading a copy
of an FIR.

Chapter 10: Important MoU

MoU Between Which Countries


Industrial Promotion and Investment
Signed an MoU for upcoming 'Make in Odisha' Corporation of Odisha and the industry
conclave 2022 body Federation of Indian Chambers of
Commerce and Industry (FICCI)
Signed an MoU for Cheetah relocation from Africa The National Tiger Conservation Authority
to India (NTCA) with Indian Oil Corporation
Signed an MoU for the emergency supply of The Indian Oil Corporation Limited (IOCL)
petroleum goods via Bangladesh territory to and the Bangladesh Roads and Highways
India. department
Signed an MoU for developing entrepreneurial National Institute for Entrepreneurship and
skills among the youth and identifying other Small Business Development (NIESBUD)
aspects for mutual collaboration. and Hindustan Unilever Limited (HUL)
Signed an MoU to collaborate on aviation
research and development and to ramp up self- The Indian Institute of Science (IISc)
reliance efforts for the Navy. Bengaluru with the Indian Navy

Signed an MoU to implement a smart policing


solution Blockchain network 5ire with Goa Police

Signed an MoU for cooperation in technological Adani Enterprises, the business incubation
innovations. arm of the Adani Group with the Israel
Innovation Authority (IIA)
Signed an MoU for research collaboration NPCI with and IIT Kanpur

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Signed an MoU for data sharing and cooperation


on satellite-based Naval Applications Indian Navy with ISRO

Signed an MoU for integrated land management Andhra Pradesh with National Institute for
system Smart Government (NISG)
Signed an MoU to accelerate drone technology for The Indian Army with the Drone
frontline soldiers Federation of India (DFI)
Signed an MoU for financing start-ups and MSMEs Indian Bank with Hatchlab Research
Centre, TBI of SRM University-AP
Signed an MoU for protecting coastline The Odisha govt with the National Institute
of Ocean Technology (NIOT)
Signed an MoU to provide "Ultima Salary Package" Axis Bank with Food Corporation of India
(FCI)
Signed an MoU to broader cooperation between The Thai Public Broadcasting Service (Thai
the countries. PBS) with India's public broadcaster Prasar
Bharati
Signed an MoU for setting up a regional testing The Central Power Research Institute
laboratory in the Raipur district. (CPRI) with the Chhattisgarh Government
Signed an agreement to return seven ancient Scotland museum with the Indian
artefacts to India government
Signed an MoU for opening its first international
marketing & sales office in Kuala Lumpur, Hindustan Aeronautics Limited (HAL) has
Malaysia signed an MoU

Signed an MoU to smoothen the movement of


seafarers between the two countries. India with Iran

Indian Renewable Energy Development


Signed an MOU to provide loans for green energy Agency Ltd. (IREDA) with Mahatma Phule
projects Renewable Energy and Infrastructure
Technology Ltd (MAHAPREIT)
Signed MoUs for the development and promotion Godrej Agrovet with Assam, Manipur, and
of oil palm cultivation under a central scheme Tripura governments
Signed five MoUs for an investment worth Rs
2,250 crore in the footwear and leather sector. The Tamil Nadu government

Signed a MoU to work together and achieve


synergy between 'Cauvery Calling' and various
government-based agroforestry promotion The Karnataka government and 'Isha
schemes in the districts which form part of the Outreach'
Cauvery basin.
Signed an MoU for developing and Airports Authority of India (AAI) with
operationalizing the next-generation sustainable Sweden’s LFV Air Navigation Services

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aviation technology to explore smart aviation


solutions.
Signed an MoU for the Oceans to clean the shores
of the State and make Andhra Pradesh plastic free Andhra Pradesh government with the US-
by 2027. based Parley

Signed an MoU for setting up a steel plant with a


scrap-based electric arc furnace (EAF) in Tata Steel with the Punjab Government
Ludhiana.

Chapter 11: GDP Forecasting


Organization FY22 (2021-22) FY23 (2022-23)

Fitch 8.4% 7.8% (7%, 2023-24)

HSBC Bank 11.2%

RBI forecasted 9.5% 7.2% (6.3%, 2023-24)

Moody 8.8% for calendar year 2022 5.4% for calendar year
2023

Asian Development Bank (ADB) 7.2% (8%, 2023-24)

World Bank 8.3% 7.5% (6.8%,2023-24)

World Economic Outlook released 9% 8.2%(6.9%. 2023-24)


by International Monetary
Fund (IMF)

FICCI 9.1% 7.4%

Organisation for Economic Co- 9.4% 6.9% for FY23


operation and Development
(OECD) 5.5% For FY24

DBS Bank
Goldman Sachs 9.1%
CRISIL 9.5% 7.3%
UN (United Nation) 4.6% 6.4% (6%, 2023-24)
Confederation of Indian Industry 9.5%
(CII)
India Ratings & Research (Ind-Ra) 8.6% 7-7.2%

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Economy Survey 11% 8-8.5%


National Council of Applied
Economic Research (NCAER)
Standard & Poor’s (S&P) 9.5% 7.3% (6.5%,2023-24)
ICRA 8.5% 7.2%
State Bank of India (SBI) 8.2-8.5%
Morgan Stanley 10.5% 7.2% (6.7%,2023-24)
CARE Ratings 8.8 to 9%
Normura 10.8% 4.7%
Oxford Economics 10.2%
Brickwork Ratings 8.3% 8-8.5% (1 Feb 2022)
UBS 9.1%
National Statistical Office (NSO) 8.9%
Barclays 7.7%
BofA Securities 9%

Chapter 12: Current Affairs (National)

Union Minister Narendra Singh Tomar to present Agriculture Infrastructure Fund


Awards
• Union Agriculture Minister Narendra Singh Tomar has presented Agriculture
Infrastructure Fund Awards in New Delhi.
• The Agriculture Infrastructure Fund was launched two years ago, under the
ambitious Aatmanirbhar Bharat Package, as a dedicated Central Government
scheme.
• It provides a medium-long term credit facility for investment in the creation of post-
harvest management infrastructure and community farming assets.
Mastercard replaced Paytm as BCCI's title sponsor
• Mastercard has replaced Paytm as the title sponsor for all international and
domestic cricket matches organized by the Board of Control for Cricket in India
(BCCI).
• Paytm held the rights till the end of 2023.
• Mastercard will reportedly be assigned the rights till 2023, as per the original terms of
the Paytm deal and will continue to pay Rs 3.8 Crore per match. Paytm, on the other
hand, will have to pay a re-assignment fee of around Rs 16.3 Crore 5% of the original
deal value (Rs 326.8 Cr).
IIT-M launched 'Nilekani Centre' to promote Indian language technology
• The Indian Institute of Technology (IIT) Madras has launched the 'Nilekani
Centre at Al4Bharat' to promote the Indian language technology.
• This Centre, inaugurated by Nandan Nilekani (co-founder of Infosys), is being
supported by Rohini and Nandan Nilekani with a grant of Rs 36 crore through
Nilekani Philanthropies.

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• The Al4Bharat was set up as an initiative of IIT Madras to build open-source


language Al for Indian languages.
Chhattisgarh CM launched 'Mahtari Nyay Rath' for women's rights awareness
• Chhattisgarh Chief Minister Bhupesh Baghel has flagged off the 'Mukhyamantri
Mahtari Nyay Rath' with the aim of making the women of the state aware of their
constitutional rights & laws.
• It will travel throughout the state informing people about women's rights through
short films.
• Each chariot will have two lawyers, who will listen to the grievances of women
& provide information & advice.
Ashwini Vaishnaw inaugurated Badi Sadri-Mavli gauge converted rail section
• Union Rail Minister Ashwini Vaishnaw has inaugurated the Badi Sadri-Mavli
gauge converted rail section.
• He flagged off Badi Sadri-Udaipur City daily special and Rewa-Udaipur City weekly
special and Siuri-Sealdah MEMU train virtually in the program organized at Badi
Sadri in Chittorgarh Rajasthan.
Karnataka government announced various welfare programmes on completing one
year
• Karnataka CM Basavaraj Bommai has announced various welfare programmes on
the occasion of his government completing one year in office.
• Vidyanidhi Programme: This provides scholarship from Rs 2,500 to Rs 11,000 to the
children of farmers, weavers, taxi drivers and fishermen, who studying in 11th
class.
• Swami Vivekananda Yuva Sangha will be started in 28,000 villages and training will
be given to the youths for them to evolve into entrepreneurs and five Engineering
colleges will be upgraded to the standards followed by IITs..
TATA steel to invest Rs 3000 cr in developing seating systems for new Vande Bharat
Trains
• Tata Group is planning to spend Rs 3,000 crore on Research and Development
by FY26 and is set to roll out the ‘First in India’ seating system for Vande Bharat
Express trains from September 2022.
• The steel-to-salt conglomerate is also targeting to be among the top 5 technology
firms in the steel industry globally by 2030.
West Bengal to get seven new districts, total now 30
• The West Bengal Government, led by Chief Minister Mamata Banerjee, has
announced 7 new districts for the state.
• With the launch of the 7 new districts, the total number of districts in West Bengal
has increased to 30.
• Earlier there were 23 districts in the state.
• List of new districts is given below-
1. Sunderban

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2. Ichhemati
3. Ranaghat
4. Bishnupur
5. Jangipur
6. Behrampur
7. One more district will be named in the Basirhat region
India achieved milestones with over 75,000 start-ups recognized so far
• Department for Promotion of Industry and Internal Trade (DPIIT) has recognized
more than 75,000 startups which is a milestone coinciding with 75th year of
independence.
• Out of the total recognized startups, around 12% cater to IT services, 9% to
Healthcare and Life Sciences, 7% to education, 5% to professional and
commercial services and 5% to agriculture.
• An impressive, 7.46 lakh jobs have been created by the Indian startup ecosystem, so
far, which has been a 110% yearly increase over the last 6 years.
India adds 10 more wetlands designated as Ramsar sites
• India adds 10 more wetlands designated as Ramsar sites to make a total of 64
sites in the country.
• The 10 new sites include Six sites in Tamil Nadu and One each in Goa, Karnataka,
Madhya Pradesh and Odisha. Designation of these sites would help in the
conservation and management of wetlands and the wise use of their resources.
• India is one of the Contracting Parties to Ramsar Convention, signed in Ramsar, Iran,
in 1971. India signed it on 1st Feb 1982. So far 64 wetlands covering an area of
12,50,361 ha have been designated as Ramsar Sites of International Importance from
India, till date.
1) Koonthankulam Bird Sanctuary (Tamil Nadu)
2) Satkosia Gorge (Odisha)
3) Nanda Lake (Goa)
4) Gulf of Mannar Marine Biosphere Reserve (Tamil Nadu)
5) Ranganathituu BS (Karnataka)
6) Vembannur Wetland Complex (Tamil Nadu)
7) Vellode Bird Sanctuary (Tamil Nadu)
8) Sirpur wetland (Madhya Pradesh)
9) Vedanthangal Bird Sanctuary (Tamil Nadu)
10) Udhayamarthandapuram Bird Sanctuary (Tamil Nadu)
Goa CM announced to implement 100% NEP in higher education from next academic
year
• Goa Chief Minister Pramod Sawant announced that the state government will
implement 100% of the syllabus in higher education institutes along the lines of
the National Education Policy.

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• The implementation of NEP from college to university level has already started. From
the next academic year, a hundred percent of the syllabus in the higher education
institutes would be on lines with the NEP.
Defence Expo to be held in Gandhinagar from Oct 18 to 22
• Premier defence exhibition DefExpo-2022, which was postponed in March, will
now be held in Gandhinagar, Gujarat between October 18 and 22.
• DefExpo 2022 is in line with the vision of Prime Minister Narendra Modi to achieve
self-reliance in defence and export of USD 5 billion by 2025.
• The 12th edition of DefExpo will be held in a three-venue format across, including
Helipad Exhibition Centre; inaugural event and seminars at Mahatma Mandir
Convention and Exhibition Centre and Live demo at Sabarmati River Front.
• The theme of the event is ‘Path to Pride’ invoking nationalistic pride and
encouraging citizens to partake in nation building through establishing a capable
indigenous Defence industry.
Google launched 'India Ki Udaan' to celebrate 75 years of independence
• Google has launched an online project named 'India Ki Udaan', to celebrate India's
75-years journey of independence.
• Under this project, Google will put up an online exhibition of informative content to
showcase India's contribution and journey in the last 75 years.
Samudrayaan mission to send humans 6,000 meters deep in ocean
• The Indian government will soon start its mega ocean mission called
'Samudrayaan' to unlock the mysteries in the heart government of deep water.
• With this mission, India will be joining the elite club of nations such as the US,
Russia, Japan, France, and China to have niche technology and vehicles to carry out
subsea activities.
• Samudrayaan Mission is aimed to develop a self-propelled manned submersible to
carry three human beings to a water depth of 6,000 m in the ocean with a suite
of scientific sensors and tools for deep ocean exploration.
Microsoft becomes first company to join ONDC network
• Microsoft has become the first multinational technology firm to join the
government’s open network for digital commerce (ONDC) platform.
• The US-based technology behemoth intends to introduce social e-commerce or a
group buying experience in the Indian market through the entry.
• Through ONDC it intends to introduce social e-commerce in the Indian market.
• It will also launch a shopping app in India which will be available on the ONDC
network.
Maharashtra Governor inaugurated 22nd 'Bharat Rang Mahotsav'
• Maharashtra Governor Bhagat Singh Koshyari has inaugurated the 22nd 'Bharat
Rang Mahotsav' at Rabindra Natya Mandir in Mumbai.
• It is a 5-day theatre festival which is being organized by the National School of
Drama under the Azadi Ka Amrit Mahotsav campaign.

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• The festival will showcase plays of renowned theatre directors based on the life and
sacrifices of our freedom fighters.
PM Modi dedicated 2nd Generation Ethanol Plant in Panipat
• Prime Minister Narendra Modi has launched 2nd Generation (2G) Ethanol Plant
at Panipat in Haryana.
• It has been built at an estimated cost of over Rs 900 crore by the Indian Oil
Corporation Limited.
• 2G Ethanol Plant in Panipat will help boost production and usage of biofuels in the
country and it will also help in reducing pollution in the Haryana & Delhi.
76th Independence Day 2022
• Independence Day is annually celebrated on 15 August, as a national holiday in India
commemorating the nation’s independence from the British rule on 15 August 1947.
• First Prime Minister of India, Jawaharlal Nehru raised the Indian national flag above
the Lahori Gate of the Red Fort in Delhi.
Agasthyamalai declared as fifth elephant reserve of Tamil Nadu
• Union Environment Ministry has approved the proposal to designate 1,197.48
sq.km area in Kanyakumari and Tirunelveli as the Agasthiyarmalai Elephant
Reserve.
• This is the fifth elephant reserve of Tamil Nadu. The forest department may be
eligible for additional financing through the centrally sponsored Project Elephant
after notifying the Agasthiyarmalai Elephant Reserve.
Centre has revised the Atal Pension Yojana rules
• Government of India has made revised the rules of Atal Pension Yojana
(APY), will be effective from from October 1, 2022.
• No citizen who is or has been an income taxpayer will not be eligible to join the
APY. If an income tax-payer joins the APY scheme on or after October 1, 2022, the
APY account will be liable to be closed.
• Currently, all citizens of India between the age of 18-40 years are eligible to join
the scheme, irrespective of their tax-paying status.
India to start supplying petrol with 20% ethanol from April 2023
• India will start supplying petrol with 20% ethanol at select petrol pumps from
April 2023.
• Oil minister Hardeep Puri said a fifth of petrol will be made up of ethanol by
2025.
• India achieved the target of supplying petrol mixed with 10 percent ethanol (10%
ethanol, 90% petrol) ahead of schedule in June 2022.
India added 11 more wetlands to its list of Ramsar sites
• India has added 11 more wetlands to the list of Ramsar sites to make total 75
Ramsar sites covering an area of 13 lakh 26 thousand 677 Hectares in the country in
the 75th year of Independence.
• Of the 11 new sites four are in Tamil Nadu, three in Odisha, two in Jammu &
Kashmir, and one each in Madhya Pradesh and Maharashtra.

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• Tamil Nadu has the maximum number of Ramsar sites at 14, followed by Uttar
Pradesh which has 10.
• India is one of the Contracting Parties to Ramsar Convention, signed in Ramsar, Iran
in 1971. India signed it on 1st February 1982. From 1982 to 2013, a total of 26 sites
were added to the list of Ramsar sites.
• The 11 Indian wetlands which have been designated as new Ramsar sites
1)Tampara Lake - Odisha
2)Hirakud Reservoir - Odisha
3)Ansupa Lake - Odisha
4)Yashwant Sagar - Madhya Pradesh
5)Chitrangudi Bird Sanctuary - Tamil Nadu
6)Such-dram Theroor Wetland Complex - Tamil Nadu
7)Vaduvur Bird Sanctuary - Tamil Nadu
8)Kanjirankulam Bird Sanctuary - Tamil Nadu
9)Thane Creek - Maharashtra
10)Hygam Wetland Conservation Reserve - Jammu and Kashmir
11)Shallbugh Wetland Conservation Reserve - Jammu and Kashmir
Kolkata to host India International Seafood Show 2023
• The Marine Products Export Development Authority (MPEDA) in association with
the Seafood Exporters Association of India (SEAI) will host the 23rd edition of
India International Seafood Show in Kolkata from February 15 to 17 in 2023 after a
gap of 16 years.
• It will provide an ideal platform for interaction between Indian exporters and
overseas importers of the country's marine products.
IRDAI invited innovative solutions for insurance sector
• Insurance Regulatory and Development Authority of India (IRDAI) is organizing
its first hackathon "Bima Manthan 2022" with the theme 'Innovation in
Insurance’.
• The hackathon invites participants to identify & develop solutions that have the
potential to make the insurance available to every individual in a seamless and swift
manner with the use of technology.
Defence forces, RBI & PM Office Most Trusted Institutions: survey by Ipsos India
• Defence forces, RBI and Prime Minister of India are the three most trusted
institutions in the country, according to a survey by Ipsos India.
• The Supreme Court of India came fourth and it was followed by the Central
Bureau of Investigation (CBI).
• The survey was conducted by Ipsos India and interviewed 2,950 adults including
females.
• Ranked first are the Defence Forces with at least 2 in 3 (65%) citizens reposing
their faith in them, ranked second was the RBI with 1 in 2 (50%) choosing them,
ranked third was the PM of India chosen by 49% of citizens polled, and rank fourth

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was bagged by the Supreme Court of India (47%), rank fifth occupied by the CBI
(43%) and rank 6th by the Police (38%).
• This was followed by the Parliament (33%) ranked 7th, the media ranked 8th on
the list while placed 9th was the Election Commission of India (31%).
Indian Railways launched 'Operation Yatri Suraksha'
• Indian Railway Protection Force (RPF) has launched a pan-India operation known
as Operation Yatri Suraksha.
• Under this operation, several steps are taken to provide round-the-clock security to
passengers.
BRO to build first steel slag road in Arunachal Pradesh
• The Border Road Organization (BRO) will construct a pilot road using steel slag in
Arunachal Pradesh, which can withstand heavy rains and adverse climatic
conditions.
• The project was developed with the aim to “convert waste to wealth” and around
one lakh tones of processed steel slag aggregates have been utilized here
substituting the natural aggregate.
Delhi CM Arvind Kejriwal launched 'Make India No. 1' mission
• Delhi Chief Minister Arvind Kejriwal has launched the 'Make India No. 1' mission
to make India the number one country in the world.
• The five-point vision of this initiative-
a)Free education
b)Free treatment
c)Employment for youth
d)Equal rights, dignity and security for women
e)Fair price to farmers for their produce
Arunachal Pradesh launched drone-based health services
• Arunachal Pradesh has successfully launched the first flight of drone service -
'medicine from the sky' from Seppa to ChayangTajo in East Kameng district.
• The pilot project has been funded by the United States Agency for International
Development (USAID) and executed by Bengaluru-based startup Redwing Labs.
• It was launched in collaboration with the World Economic Forum (WEF).
Rajasthan government to inaugurate tech centre for graduates
• With an aim to make tech graduates more employable, Rajasthan government is set
to inaugurate Rajiv Gandhi Centre of Advance Technology or R-CAT.
• It will be inaugurated by Chief Minister Ashok Gehlot during a two-day DigiFest-
2022.

Goa becomes the first 'Har Ghar Jal' certified State in the country
• Goa and 'Dadra & Nagar Haveli and Daman & Diu' have become respectively the first
'Har Ghar Jal' certified State and UT in the country.

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• Over 10 crore rural households of the country have been connected to the facility of
clean water through pipes, with 7 crore rural families getting connected in the last
three years.
Mandla becomes country's first fully 'functionally literate' district
• Madhya Pradesh's tribal-dominated 'Mandla' region has become the first fully
"functionally literate" district in the country.
• The literacy rate in the district was 68 percent as per a survey in 2011, while
another report in 2020 pointed out that over 2.25 lakh people were not literate in the
district and most of them were tribals living in the forest areas.
• The district administration in 2020 launched the "Niraksharta Se Azadi Abhiyaan"
to make the residents functionally literate.
UDAN scheme completed 5 years successfully
• Ministry of Civil Aviation's flagship program Regional Connectivity Scheme
UDAN (Ude Desh ka Aam Nagrik) has completed 5 years of success.
• Prime Minister Narendra Modi was launched first flight under UDAN on April 27,
2017. The scheme aims to connect small and medium cities with big cities through
air service.
• In the last five years, UDAN has significantly increased the regional air-connectivity in
the country. There were 74 operational airports in 2014. Because of the UDAN
scheme this number has increased to 141 by now.
• In the five years, scheme has benefited more than 1 crore passengers till August 4,
2022.
Maharashtra declared 'Dahi Handi' an official sport
• Maharashtra Chief Minister Eknath Shinde has announced that 'Dahi-Handi' will
now be recognised as an official sport in the state.
• The govt will introduce "Pro-Dahi-Handi" competitions in the state.
• The 'Govindas' will also get jobs under the sports category apart from Rs 10 lakh
insurance cover.
17th Pravasi Bhartiya Divas to be held at Indore in January 2023
• The 17th Pravasi Bhartiya Divas (PBD) will be held at Indore in January 2023.
• Pravasi Bharatiya Divas is celebrated every year on 9 January to mark the contribution
of the overseas Indian community in the development of India.
• It also commemorates the return of Mahatma Gandhi from South Africa to India on
9th January 1915.
Assam CM launched 'Vidya Rath - School on Wheels' project
• Assam Chief Minister Himanta Biswa Sarma has launched the 'Vidya Rath -School
on Wheels' project.
• This project aims at providing economically challenged underprivileged children
access to elementary education for a period of 10 months.
• After 10 months they will be integrated into the conventional education system.

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• Students will be provided free mid-day meals, uniforms & textbooks under the
project.
Jharkhand becomes first state in the country to distribute Seed to Farmers via
Blockchain Tech
• Jharkhand is 1st state to implement blockchain in the country which is being used to
track seed distribution.
• Jharkhand government, in collaboration with the tech company SettleMint, has
launched seed distribution to farmers based on blockchain technology.
• Objective - To enable the distribution of seeds and other schemes in a transparent
manner.
Chandigarh airport to be named after Bhagat Singh
• The Punjab and Haryana governments have agreed to name the Chandigarh
International Airport in Mohali after Shaheed Bhagat Singh.
• The decision was taken during a meeting between Punjab CM Bhagwant Mann &
Haryana deputy CM Dushyant Chautala.
Union government awarded Gl tag to Mithila Makhana
• The Union government has awarded Geographical Indication (GI) tag to Mithila
Makhana.
• With this move, growers will get the maximum price for their premium produce.
• Over five lakh farmers of Mithila region of Bihar will be benefitted from this
decision.
GMR launched Blockchain Centre of Excellence for airports
• GMR Group has launched a Blockchain Centre of Excellence (CoE) for airports.
• It will provide access to the required infrastructure & labs to start-ups for the
development & validation of solutions & services.
• It will also enable thought leadership, research, & training programs for upskilling in
the field of blockchain.
Union Minister Amit Shah chaired the 23rd meeting of Central Zonal Council in Bhopal
• Union Home Minister Amit Shah has chaired the 23rd meeting of Central Zonal
Council in Bhopal.
• He also laid the foundation stone for the Bhopal campus of the National
Forensic Sciences University.
Jitendra Singh launched India’s first Hydrogen Fuel Cell bus in Pune
• Union Minister of State (Independent Charge) Science & Technology Jitendra
Singh has launched India's first indigenously developed hydrogen fuel cell bus in
Pune.
• The bus has been developed by the Council of Scientific and Industrial Research
(CSIR) and private firm KPIT Limited.
Uttar Pradesh government to build India's first education township
• In a first, the Uttar Pradesh government is planning to build an education
township in the state.

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• It will be developed on the idea of 'Single Entry, Multiple Exit’.


• It will provide high-quality education to the youth and equip them with a variety of
professional skills in a single place.
PM Modi to dedicate health facilities to the nation
• Prime Minister Narendra Modi has inaugurated dedicated two important health
initiatives to the nation.
1. Amrita Hospital at Faridabad
2. Homi Bhabha Cancer Hospital and Research Centre at Mullanpur, Mohali
• Amrita Hospital is a super-specialty hospital that will be equipped with two thousand
600 beds.
• Homi Bhabha Cancer Hospital and Research Centre is a tertiary care hospital of 300-
bed capacity and is equipped with modern facilities to treat all types of cancers using
every available treatment modalities like Surgery, Radiotherapy and Medical
Oncology – Chemotherapy, immunotherapy and Bone marrow transplant.
India nominated Garba to be inscribed on UNESCO's list
• India has nominated the dance form Garba to be inscribed on UNESCO's
intangible cultural heritage list.
• Garba is a dance form which has originated in Gujarat, India. The term Garba has
derived from the Sanskrit term Garbha, which means womb
• In 2021, 'Durga Puja' was included in the UNESCO intangible cultural heritage
representative.
HPCL commenced its first Cow dung based Compressed Biogas Project
• Hindustan Petroleum Corporation Limited has commenced its Cow dung to
Compressed Biogas Project at Sanchore, Rajasthan.
• The plant, the first such under HPCL’s Waste-to-Energy portfolio, is proposed to
utilize 100 tons of dung per day to produce biogas, which can be utilized as
automotive fuel.
Defence Minister Rajnath Singh to attend SCO Defence Ministers' meeting
• Defence Minister Rajnath Singh has attended the SCO Defence Ministers'
meeting at Tashkent in Uzbekistan.
• Objective - The entire spectrum of defence cooperation with the three countries was
reviewed to expand mutually beneficial collaboration.
• He also holds bilateral meetings with his counterparts Lieutenant General, Bakhodir
Kurbanov (Uzbekistan); Colonel, General Zhaksylykov Ruslan Zhakslykov (Kazakhstan),
and Lieutenant General, Viktor Khrenin (Belarus).
IIT Guwahati developed new method to produce sugar substitute Xylitol
• IIT Guwahati Researchers have developed a new method to produce a sugar
substitute ‘Xylitol’ from sugarcane waste.
• The Method developed by IIT Guwahati Researchers to produce ‘Xylitol,’ which has
potential antidiabetic effects, overcomes limitations of chemical methods of synthesis
& time delays associated with conventional fermentation.

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All 23 AIIMS to be named after local heroes, monuments


• The government has approved a proposal to give specific names to all the AIIMS,
based on regional heroes, freedom fighters, historical events or monuments of
the area, or their distinct geographical identity.
• The majority of the 23 All India Institute of Medical Sciences (AIIMS) has submitted a
list of names.
• All the AIIMS are known by its generic name and distinguished only by their location.
• Six new AIIMS -- Bihar (Patna), Chhattisgarh (Raipur), Madhya Pradesh (Bhopal),
Odisha (Bhubaneswar), Rajasthan (Jodhpur), and Uttarakhand (Rishikesh) were
approved in Phase 1 of PMSSY and are fully functional.
Anurag Thakur launched 'Azadi Quest' online educational mobile games
• Information and Broadcasting (I&B) Minister Anurag Thakur on has launched the
'Azadi Quest', a series of online educational games based on India's freedom
struggle.
• Objective - To highlight key milestones of India's freedom struggle and
encourage a digital learning experience.
Google announced a programme for 100,000 developers in India
• Google has announced a campaign to upskill cyber security researchers and
developers in India.
• The campaign will be part of the company's Cyber Security Roadshow, which will
cover multiple cities across India and offer tools, tutorials, and mentorship on security
practices for building consumer apps, as wewssll as enterprise programmes.
• The upskilling programme will target 1 lakh developers in India and will cover two
broad divisions within the programme - Android and Google Cloud.
Haridwar declared best aspirational district in India - NITI Aayog
• The NITI Aayog has declared the holy city of Haridwar in Uttarakhand as the best
aspirational district.
• Along with the title of India’s Best Aspirational District, the district will also receive
an additional Rs 3 Crores.
• Under the programme, the central government takes steps to improve the socio-
economic condition of identified districts and ensure inclusive and holistic
development.
• The Aspirational District Programme launched by NITI Aayog evaluates the
performance of districts on the basis of five key parameters.
1)Health & Nutrition (30%)
2)Education (30%)
3)Agriculture & Water Resources (20%)
4)Financial Inclusion & Skill Development (10%)
5)Infrastructure (10%)
Anang Tal Lake declared monument of national importance

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• The Anang Tal Lake in South Delhi has been declared a monument of national
importance.
• The mini lake, known as Anang Tal, was created in 1060 AD by Raja Anang Pal Tomar,
the founder of Delhi. It lies in area between the flood plain of river and Delhi Ridge.
Delhi Ridge is a Northern extension of ancient Aravalli Range.
• The Monuments of National Importance are designated by the Archaeological Survey
of India (ASI).
PM Modi participated in Khadi Utsav in Ahmedabad
• PM Narendra Modi has addressed Khadi Utsav at the Sabarmati riverfront in
Ahmedabad.
• The unique Khadi Utsav is being organised as part of the Azadi Ka Amrit Mahotsav to
highlight the importance of khadi in country's freedom struggle.
• He also inaugurated a foot over bridge named as Atal Bridge built over
Sabarmati River connecting the eastern and western side of the city.
IOC to spend Rs 2 lakh crore for net-zero target by 2046
• Indian Oil Corporation (IOC) will invest Rs 2 lakh crore to achieve net-zero
operational carbon emissions by 2046.
• The target set is in line with India's aim to reach net-zero emissions by 2070.
• The investment of over Rs 2 lakh crore will help mitigate emissions to about 0.7
billion metric tonnes of carbon dioxide a year by then.
Nagaland gets its 2nd railway station in 119 years
• North-east state Nagaland got its second railway station after a gap of more
than 119 years with the commissioning of a new facility at Shokhuvi.
• Dimapur Railway Station, in the heart of the commercial hub of the state, was
inaugurated in 1903.
• Nagaland Chief Minister Neiphiu Rio flagged off the Donyi Polo Express from
Shokhuvi Railway Station during the day.
AirAsia India becomes the first Airline to use CAE’s AI Training System
• AirAsia India becomes the first airline to use CAE's artificial intelligence-powered
training system to train the airline's pilots.
• CAE is the leading provider of pilot training solutions that are based on
simultaneous technology.
• The training system, called CAE Rise, provides real-time data during pilots’ training
sessions and analyses them to deliver higher quality training.
NITI Aayog to establish 500 Atal Tinkering Labs in Jammu and Kashmir
• Atal Innovation Mission (AIM) & NITI Aayog will establish more than 500 Atal
Tinkering Labs (ATLs) in Jammu and Kashmir to nurture an innovative mindset
among high school students.
• Objective - To create & promote an ecosystem of innovation and entrepreneurship
across the country.
PM Modi inaugurated 'Smriti Van' Earthquake Memorial in Kutch, Gujarat

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• PM Modi has inaugurated the Smriti Van memorial to celebrate the courage shown
by people during the devastating 2001 earthquake in the Kutch region of Gujarat.
• Smriti Van is a tribute to the lost lives and the remarkable fighting spirit of the
people of Kutch.
• He also inaugurated the 300m long 'Atal Bridge' for pedestrians across the Sabarmati
River.
Telangana Al Mission's 4 startups to represent India at G20 DIN
• The Telangana Al Mission (T-AIM) has revealed that four of its startups have been
selected by MeitY (Ministry of Electronics and Information Technology) to
represent India at the G20 Digital Innovation Network (DIN).
• T-AIM is an initiative of the state Government supported by NASSCOM.
• The program has been supporting 80 startups built on Artificial Intelligence (AI).
• The four startups - Arficus, Edubuk, Eunimart, and MayaMD are supported by Revv
Up programme.
Reliance Industries to build world's largest carbon fibre plant
• Reliance Industries will set up India's first and one of the world's largest carbon
fibre plants in Hazira, Gujarat.
• The plant will have a capacity of 20,000 million metric tonnes per annum.
• The first phase of the plant will be completed in 2025.
Indian Railways set up 'Meghdoot' machines at Mumbai stations
• Indian Railways have set up 'Meghdoot' machines at Dadar, Thane and other
stations of the Mumbai Division.
• These unique 'Meghdoot' machines use innovative technology to convert water
vapour in the air into potable water.
World's largest floating solar power plant to be built in Madhya Pradesh

• The world’s largest floating Solar Power Plant will be constructed in Khandwa
Madhya Pradesh.
• It is aimed at boosting power generation capacity in the state and addressing
electricity problems in the central region.
• It will generate 600-Megawatt power by 2022-23. This project is estimated to be
worth Rs. 3000 crores.
World's highest railway bridge 'Golden joint' inaugurated on Chenab in J&K

• World's highest railway bridge 'Golden Joint' has been inaugurated in Reasi district
of Jammu & Kashmir.
• This bridge is located in Chenab River, will be 35 meters higher than the Eiffel
Tower (after completion of project). The joints of bridge are connecting two ends of the
deck of the world's highest railway bridge.

Chapter 13: Current Affairs (International)


Savitri Jindal becomes the richest woman in Asia

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• Savitri Jindal (72, Indian) has become the richest woman in Asia with USD 11.3
billion fortune, according to the Bloomberg Billionaires Index.
• Jindal, 72, is India's richest woman and the 10th richest person in the country.
• She replaced China's Yang Huiya, with the net worth of USD 11.0 billion
• Huiyan, who controls the largest real estate developer Country Garden Holdings of
China has lost half of his wealth drop from nearly USD 24 billion last year to USD 11
billion.
• Savitri Jindal became the chairperson of the Jindal Group, after the death of her husband
OP Jindal.
US Senate approved Sweden and Finland joining NATO's membership

• The US Senate has approved Finland and Sweden's accession to NATO.


• Before the conflict between Russia and Ukraine, Finland and Sweden avoided military
alliances. However, with the latest war, the countries took an essential step in joining
NATO and a 74-year-old pact for mutual defense between the US and its European
allies.
South Korea launched the first Moon mission

• South Korea has successfully launched its first lunar mission, Korea Pathfinder
Lunar Orbiter, also known as Danuri, from Cape Canaveral in Florida.
• South Korea became the seventh country in the world to launch a mission to the Moon
as its orbiter hitched a ride on SpaceX Falcon-9.
• This mission is jointly developed by NASA and the Korea Aerospace Research
Institute (KARI). The satellite launched by SpaceX, will arrive in December 2022.
UK becomes first country to approve Omicron vaccine

• The UK has become the first country to authorize a Covid-19 vaccine for the
Omicron variant.
• The UK medicine regulator (MHRA) approved the 'bivalent' vaccine made by Moderna
as a booster for adults.
• The agency's decision was based on clinical trial data that showed the booster triggered
"a strong immune response" against both Omicron (BA.1) and the original 2020 virus.
Dr. S Jaishankar unveiled the statue of Mahatma Gandhi in Paraguay

• External Affairs Minister Dr. S Jaishankar has unveiled a statue of Mahatma


Gandhi in Paraguay.
• He also visited the historic Casa de la Independence from where the South American
country's Independence movement started more than two centuries ago.
Greece exits EU's 'enhanced surveillance' framework

• Greece has announced that it has exited the European Union's 'enhanced
surveillance framework.
• Greece ends 12 years of pain and allows the country greater freedom in policymaking.
• Greece's economic performance & policies have been closely monitored under the
'enhanced surveillance' framework since 2018.
India ranks 3rd at International Astronomy Olympiad

• Indian team has secured the third rank in the medal tally at the 15th International
Olympiad on Astronomy and Astrophysics (IOAA).

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• India held the third position jointly with Singapore with students winning three gold
and two silver medals.
• In the medals tally, India was placed jointly in the third position along with Singapore,
behind Iran’s official team (5 golds) and guest team (4 golds, 1 silver).
South Korea breaks its own record for the world's lowest fertility rate

• South Korea has once again shattered its own record for the world's lowest fertility
rate.
• South Korean women were estimated, based on 2021 data, to have an average of just
0.81 children over their lifetimes, down from 0.84 a year earlier.
• The number of newborns declined in 2021 to 260,600, which equates to about 0.5% of
the population.
EAM Dr. S Jaishankar attended 8th India-Brazil Joint Commission Meeting

• External Affairs Minister Dr. S. Jaishankar co-chaired the 8th India-Brazil Joint
Commission Meeting with his Brazilian counterpart Carlos Franca in Brasilia.
• Jaishankar also signed agreements in the fields of broadcasting and taxation with the
Brazilian Foreign Minister, Carlos Franca, and exchanged views on BRICS, IBSA, UN, G20,
and the Ukraine conflict.
Mac Rutherford becomes youngest person to fly solo around the world

• 17-year-old British pilot Mac Rutherford has become the youngest person to fly solo
around the world in a small aircraft.
• Rutherford took off from Sofia on March 23 this year and landed again here after flying
through 52 countries (5 continents) and logging up around 250 hours of flying time.
Bulgaria was the starting and ending point of his journey due to the sponsorship of
Bulgarian company ICDSoft.
• He made this record in just 150 days.
Gautam Adani becomes 3rd Richest Person in World

• Business conglomerate Adani Group’s Chairman Gautam Adani is now the world’s third-
richest person after overtaking France’s Bernard Arnault according to Bloomberg
Billionaires Index.
• With a total net worth of USD 137.4 billion, Adani has surpassed the wealth of Louis
Vuitton chairman Arnault and is now just behind business magnate Elon Musk and Jeff
Bezos in the ranking.
• The net worth of Elon Musk and Jeff Bezos are currently at USD 251 billion and USD 153
billion, respectively.
• Reliance chief Mukesh Ambani is at number 11 with a total USD 91.9 billion worth.
• This is the first time an Asian person has broken into the top three of the Bloomberg
Billionaires Index.
Chapter 14: Banking & Financial
RBI sets deadline for card tokenization to October 1
• The Reserve Bank of India (RBI) has released guidelines to ease the transition to
new norms on card-on-file (CoF) tokenization and licensing of payment
aggregators (PAs) in two separate notifications.

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• While reiterating that with effect from October 1, no entity in the card transaction
chain, other than card issuers and card networks, shall store CoF data, the central
bank notified two interim measures.
• Other than the card issuer and the card network, the merchant or its PA involved in
settlement can save the CoF data for a maximum period of four days after the
transaction date or till the settlement date, whichever is earlier. This data shall be
used only for settlement of such transactions, and must be purged thereafter.
• For handling other post-transaction activities, acquiring banks can continue to
store CoF data until January 31, 2023.
Piramal Enterprises gets RBI nod to start NBFC business
• Piramal Enterprises received approval from the Reserve Bank of India (RBI) to
start non-banking finance company (NBFC) operations.
• The license is for initiating an NBFC not accepting public deposits.
• NBFCs are entities that provide bank-like financial services but don't hold a banking
license & are unregulated.
• Earlier, the company had acquired Dewan Housing Finance (DHFL) for Rs 34,250
crore.
GST collection for July 2022 second highest ever at Rs 1.49 lakh crore
• GST collection has risen 28 percent to touch the second-highest level of Rs 1.49
lakh crore in July on the back of economic recovery and steps taken to curb tax
evasion.
• Goods and Services Tax (GST) collection stood at Rs 1,16,393 crore in the same
month a year ago.
• GST, introduced in July 2017, touched a record high of Rs 1.68 lakh crore in April
2022.
Trade deficit at record USD 31 billion in July month
• India's merchandise trade deficit jumped to a new record high of USD 31.02 billion in
July.
• The previous record high was set in June when the trade deficit was USD 26.18 billion.
• The deficit in July 2021 was nearly one-third of last month's figure at USD 10.63
billion.
• As per the commerce ministry, merchandise imports stood at USD 66.26 billion in July
compared to USD 46.15 billion in the same month last year.
RBI Monetary Policy Rate: Key highlights (5 August, 2022)
• Key short-term lending rate (repo) raised by 50 basis points (bps) to 5.4 per
cent; third consecutive hike
• In all, 140 bps hike in repo since May 2022 to check inflation
• GDP growth projection for 2022-23 retained at 7.2 per cent (pc).
• GDP growth projection: Q1 at 16.2 pc; Q2 at 6.2 pc; Q3 at 4.1 pc; and Q4 at 4 pc
• Real GDP growth for Q1:2023-24 projected at 6.7 per cent
• Domestic economic activity exhibiting signs of broadening
• Retail inflation projection too retained at 6.7 pc for 2022-23

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• Inflation projection: Q2 at 7.1 pc; Q3 at 6.4 pc; and Q4 at 5.8 pc; Q1:2023-24 at 5
pc

Policy Rates
Repo Rate 5.40%
Reverse Repo Rate 3.35%
Marginal Standing Facility (MSF) Rate 5.65%
Bank Rate 5.65%
Cash Reserve Ratio 4.50%
Statutory Liquidity Ratio (SLR) 18%
Standing Deposit Facility Rate 5.15%

RBI imposed monetary penalty of Rs 32 lakhs on Indian Bank


• The Reserve Bank of India (RBI) has imposed a fine of Rs 32 lakh on Indian Bank
for breach of directions on classification & reporting of frauds.
• Additionally, The RBI has imposed a penalty of Rs 82 lakh on Bengaluru-based
Jupiter Capital Private Ltd, for breach of norms on submission of credit information.
RBI imposed Rs 2.33 crore monetary penalty on Spandana Sphoorty Financial Ltd
• Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2.33 crore on
Hyderabad based Spandana Sphoorty Financial Limited for its failure to adhere to
pricing of credit guidelines for Non-Banking Financial Company - Micro Finance
Institutions (NBFC-MFIs).
• The penalty has been imposed in exercise of powers vested in RBI under the
provisions of the Reserve Bank of India Act, 1934.
American Express launched Global Pay, cross border payments platform
• American Express has launched its cross-border payments platform for small to
medium-sized businesses named Global Pay.
• It will work as a digital solution that will let U.S. businesses make secure domestic
and international B2B payments.
• In addition to this, the eligible customers can earn rewards points on foreign
exchange payments.
• Global Pay is available to all eligible American Express Small Business Card Members
in the U.S.
SBI formalized policy to finance makers of lab-grown diamonds
• State of Bank of India (SBI) is the first Indian lender to frame a policy to fund
makers of lab-grown diamonds which come across as replicas of the natural stones.
• The bank's operational guidelines for financing man-made diamond houses include
the standard prudential practices like treating non-fund limits at part with funded
limits.
• Lab grown diamonds are the replicas of natural stones.

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EPFOs' Rs 1.59 lakh crore investment in ETFs rises to Rs 2.26 lakh crore
• EPFO has invested Rs 1,59,299.46 crore in Exchange Traded Funds (ETFs) till
March 2022 and its national market value of these investments was Rs 2,26,919.18
crore.
• EPFO has been investing in ETFs since August 2015. Initially, the body decided to
invest 5% of its investible deposits in stock markets.
• Later, the proportion was increased to 10% in 2016-17 and 15% 2017-18 and
onwards.
WPI inflation eases to 13.93 percent in July 2022

• India’s wholesale inflation in July eased sequentially to 13.93 percent as


vegetables, milk and fuel became cheaper, but remained in double digits for the
16th month.
• Wholesale Price Index-based (WPI) inflation was 15.18 percent last month and at a
record high of 16.63 per cent in May. It was 11.57 per cent in July 2021.
• Inflation in food articles basket in July came in at 10.77 percent, meanwhile, the
inflation in the manufacturing goods segment declined by 0.42 percent to 8.16
percent.
RBI canceled the license of Rupee Co-operative Bank, Pune
• RBI has canceled the license of Rupee Co-operative Bank Ltd, Pune will be
effective after six weeks (September 22, 2022).
• Reason- The bank is unable to pay its present depositors in full (Capital
inadequacy).
• It does not comply with the provisions of Section 11(1) and Section 22 (3) (d) with
Section 56 of the Banking Regulation Act, 1949.
CPI-based Retail Inflation declined to 6.71% in July 2022
• Retail inflation, based on the Consumer Price Index (CPI), eased to 6.71% in July
2022 as compared to 7.01% in preceding month, as per the Ministry of Statistics and
Programme Implementation data
• Inflation eased mainly due to easing prices in the Food & Beverages section.
However, the retail inflation level remains above the mandated level of 4% with
a margin of 2% on either side.
Kotak Mahindra Bank launched lifestyle-focused corporate salary account “Kotak
Crème”
• Kotak Mahindra Bank has launched a lifestyle focused salary account named
Kotak Creme.
• This account will offer an upgraded experience to its customers working in MNCs,
retails, law firms, unicorns etc.
• The account will be available to all corporates in India and will also come with a host
of privileges and rewards across lifestyle, travel, healthcare, dining, skilling and
learning experiences.
SBI launched Utsav fixed deposit scheme

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• On the occasion of the nation's 76th year of Independence celebrated as Azadi Ka


Amrit Mahotsav, the largest lender in the nation, State Bank of India (SBI),
introduced a unique term deposit programme called "Utsav Deposit."
• This fixed deposit scheme has higher interest rates and is only available for a
limited time.
• In the Utsav Fixed Deposit Scheme, SBI is offering an interest rate of 6.10% per
annum on fixed deposits with a tenure of 1000 days. And senior citizens will be
eligible to get an additional interest rate of 0.50% over and above the regular rate.
SBI launched its first dedicated branch to support start-ups
• The country’s largest lender State Bank of India (SBI) has launched its first branch
dedicated to start-ups in Koramangala, Bengaluru.
• The branch will provide services ranging from the stage of formation of start-ups to
Initial Public Offerings and Follow-on Public Offerings.
Bank of Baroda introduced a new deposit scheme
• Bank of Baroda (BoB) has launched the 'Baroda Tiranga Deposit Scheme', a
special retail term deposit product that offers interest rates of 5.75% for 444 days
and 6% for 555 days.
• This scheme is applicable on retail deposits below Rs 2 crore and remains in force till
December 31, 2022.
• Senior citizens will earn an additional interest rate of 0.50%, while non-callable
deposits will get 0.15% extra.
Karnataka Bank launched new Term Deposit Scheme named KBL Amrit Samriddhi
• Karnataka Bank has launched a new Term Deposit Scheme named KBL Amrit
Samriddhi under Abhyudaya Cash Certificate (ACC) and Fixed Deposit for a tenure of
75 weeks (525 days).
• The interest rate for this Deposit Scheme is 6.10% per annum.
• With the new product, KBL Amrit Samriddhi, the bank has extended the benefit of
increase in the interest rates to customers.
HDFC Bank opens first all-women branch in north Kerala region
• HDFC has opened its first all-women branch with four women bankers in the
north Kerala region in Kozhikode.
• The branch will have 4 women bankers.
• As on March 31, 2022, women constituted 21.7 percent of the workforce and the
target is to increase it to 25 percent by 2025.
HDFC Bank launched a new campaign 'Vigil Aunty '
• HDFC Bank has launched a new campaign titled ‘Vigil Aunty’.
• It aims to encourage people across the country to practice safe banking habits.
• This will complement the bank’s ‘Mooh Band Rakho’ campaign which urges people
not to share their confidential banking information with others.
RBI canceled license of Deccan Urban Co-operative Bank

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• RBI has canceled the license of Deccan Urban Co-operative Bank, Karnataka as the
bank does not have adequate capital & earning prospects.
• As per the data submitted by the bank, more than 99 percent of the depositors are
entitled to receive the full amount of their deposits from Deposit Insurance and
Credit Guarantee Corporation (DICGC).
• In its present financial position, the bank would be unable to pay its depositors in full.
Rajasthan with highest share in cost of projects approved by banks: RBI
• An RBI article has revealed Rajasthan has accounted for the highest share in the
total cost of projects sanctioned by banks and financial institutions in FY22.
• The state has retained the top position for two consecutive years.
• Uttar Pradesh at the second position followed by Gujarat.
• The article is titled 'Private Corporate Investment: Growth in 2021-22 and
Outlook for 2022-23.
SEBI joined RBI's account aggregator framework

• Capital markets regulator SEBI joined the account aggregator framework, a


move that will give a boost to the RBI-regulated financial-data sharing system.
• Under the framework, Financial Information Providers (FIPs) in the securities market,
like depositories and asset management companies (AMCs) -- through their Registrar
and Transfer Agents or RTAs -- will provide financial information pertaining to
securities markets to the customers and consented Financial Information Users (FIUs)
through any of the account aggregators registered with the Reserve Bank of India
(RBI).
• The move will allow customers to share information about their mutual fund and
stock holdings with financial service providers.
PNB launched Pre-Qualified Credit Card facility

• Punjab National Bank (PNB) has launched its pre-qualified credit card which also
includes insurance coverage.
• It has also introduced a new facility of overdraft against fixed deposit on PNB One in
a few clicks and a single OTP (one-time password).
• This card facility will be available for salary account customers and they will be able to
apply through PNB One or the website.
RBI imposed restrictions on Thodupuzha Urban Co-operative Bank

• The Reserve Bank of India has imposed certain restrictions on Kerala-based,


Thodupuzha Urban Co-operative Bank for a period of six months.
• RBI has banned the bank from granting or renewing loans and advances and making
any investments.
Bank credit growth accelerated to 14.2% in June quarter: RBI data

• RBI released the 'Quarterly Statistics on Deposits and Credit of SCBs for June
2022.

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• Bank credit growth accelerated to 14.2 percent in the quarter ended June 2022
from 6 percent in the same period of the previous year.
• In the quarter that ended March 2022, bank credit had expanded by 10.8 percent.
Bandhan Bank to open 551 branches in FY23

• Bandhan Bank will open 551 more branches in the FY 2022-23 fiscal, as part of
the lender's focus to make its distribution stronger in other parts of India outside the
eastern region.
• With the latest addition, the bank's branch count will exceed 6,000.
• The bank’s push for digital and tech transformation has been a great success, with 92
percent of the total transactions taking place through the digital route.
PNB to sell NPA account Apollo Distilleries & Breweries worth 40 cr

• Punjab National Bank (PNB) has put up for sale its NPA account Apollo
Distilleries & Breweries with loan outstanding of nearly Rs 44 crore due against
the company.
• The bank invited asset reconstruction companies (ARCs) to put their bids for
transferring the loan account of Apollo Distilleries & Breweries.
SBI topped debit card market while HDFC leads credit card market

• The State Bank of India (SBI) has maintained its leadership position in the debit
card market and HDFC Bank in the credit card market as of June 2022.
• SBI tops the chart in the debt card market with 30% market share as of June
2022.
• Bank of Baroda came in second with an 8% market share, followed by Bank of India,
Canara Bank Union Bank, and Punjab National Bank, each with 5%.
SEBI penalized Aadhaar Ventures for flouting market norms

• Capital markets regulator SEBI levied fines on Aadhaar Ventures India Ltd (AVIL)
and its directors for violating insider trading rules and listing conditions.
• The total fines levied on AVIL is Rs 25 lakh.

Chapter 15: Committee

Committee Headed by Purpose


Former Chief Economic To attract foreign
Foreign Portfolio Investors
Adviser KV investment
(FPIs)
Subramanian
Indian side was led by
The 3rd India & Mauritius Minister for Micro, Small
Joint Committee Meeting and Medium Enterprises
Narayan Rane
The 38th Meeting of The Indian delegation was The two sides finalized the
Ministerial level Joint led by Union Minister for text of MoU on 'Interim

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Rivers Commission (JRC) Jal Shakti, Gajendra Singh Water Sharing of


of India and Bangladesh Shekhawat. Kushiyara River.

Chapter 16: Defence News

Indian Air Force will retire all squadrons of MiG-21 by 2025

• The Indian Air Force will retire one of its four remaining squadrons, MiG-21
(Russian combat aircraft) fighter jets by 2022 September and other three
scheduled to be phased out by 2025.
• The old MiG-21s will be replaced with newer fighter jets.
• Six MiG-21s have been lost in crashes in the last 20 months, killing five pilots.
Indian Army launched 'Him Drone-a-thon' programme

• The Indian Army has launched the Him Drone-a-thon programme in


collaboration with the Drone Federation of India.
• The initiative is in line with self-reliance in defence manufacturing.
• It is aimed at providing opportunities to the Indian drone ecosystem to develop
path-breaking drone capabilities for meeting the requirements of frontline
troops.
Rajnath Singh inaugurated National Seminar on ‘Introspection: Armed Forces
Tribunal’ in New Delhi

• Defence Minister Rajnath Singh has inaugurated a National Seminar on


'Introspection: Armed Forces Tribunal'.
• It has been organized by the Armed Forces Tribunal (Principal Bench) Bar
Association in New Delhi.
• The objective of the seminar is to analyze its working, suggest remedies for any
shortcomings. It also aims at resolving the problems and difficulties faced by the
litigants in course of availing speedy justice.
First-of-its-kind naval shooting range inaugurated at INS Karna

• A first-of-its-kind, Composite Indoor Shooting Range (CISR) was inaugurated


by Vice Admiral Biswajit Dasgupta at INS Karna.
• The CISR is a state-of-the-art, self-contained, 25 m, six-lane, live firing range for
all primary and secondary weapons in the Navy.
DRDO & Indian Navy successfully test fire indigenous VL-SRSAM from Chandipur

• Defence Research & Development Organization (DRDO) and the Indian


Navy have successfully flight-tested Vertical Launch Short Range Surface-to-
Air Missile (VL-SRSAM) from the Integrated Test Range (ITR), Chandipur off
the coast of Odisha.
India's 1st IAC Vikrant to be commissioned on September 2

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• Prime Minister Narendra Modi will commission the country’s first


indigenously-built aircraft carrier (IAC) Vikrant on September 2.
• The Prime Minister will officially induct the vessel to the Indian Navy at a
specially arranged venue inside the Cochin Shipyard Limited (CSL) here, which
manufactured the over Rs 20,000 crore warship.
India and Tanzania decided to set up task force for defence cooperation

• India and Tanzania have decided to set up a task force to prepare a five-year
roadmap to boost bilateral defence cooperation.
• The decision was taken during wide-ranging talks between Defence Minister
Rajnath Singh and his visiting Tanzanian counterpart, Stergomena Lawrence Tax.
• Objective - To boost the bilateral defence ties as well as military-to-military
cooperation is in sync with India’s broader priority to deepen its strategic ties
with Africa.
Defence Exercise Between About
Indian Army and the Royal
Army of Oman has been
started at the Mahajan Field
Firing Range in Bikaner,
The joint military Rajasthan.
India and Oman
Exercise "AL NAJAH -IV"
The joint military exercise
aims to enhance the level of
bilateral defence
cooperation.
Objective - To strengthen
the bilateral relations
between India and
Vietnam.

Theme 2022 - Employment


'Ex VINBAX 2022' Vietnam-India
and deployment of an
Engineer Company and a
Medical Team as part of
United Nations Contingent
for Peace Keeping
Operations.
The Indian Navy’s guided-
missile frigate INS Tarkash
(while on her long-range
Maritime Partnership overseas deployment) has
India and France Navies
Exercise (MPX) conducted a Maritime
Partnership Exercise (MPX)
with French naval ships in
the North Atlantic Ocean.

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The 13th Edition of the


Indo-US Joint Special
Forces exercise "Vajra
Prahar 2022" has
commenced in Himachal
'Vajra Prahar 2022 India and USA Pradesh's Bakloh.

Objective - To improve
interoperability between
the Special Forces of both
nations.
Indian Air Force is
Indian Air Force with the participating in the air
Bilateral exercise named exercise with Su-30 MKI
Royal Malaysian Air Force
'Udarashakti' and C-17 aircraft while the
(RMAF)
RMAF will be flying Su 30
MKM aircraft.
Indian army and Chinese
Army will attend the Vostok
2022 military exercises
that will be held in Russia
from August 30 to
Indian army and Chinese September 5.
Vostok 2022
Army
Belarus, Tajikistan, and
Mongolia will also
contribute troops for the
Vostok-2022 drill,
according to China‘s
Ministry of Defense.
The 3rd Edition of Ex
VINBAX 2022 Bilateral
Army Exercise between
India and Vietnam has been
concluded at
Chandimandir, Haryana.
3rd Edition of Ex VINBAX Vietnam & India bilateral
2022 army exercise The next edition of VINBAX
will be hosted in Vietnam in
2023.

Objective - Strengthening
mutual confidence and
interoperability.
Indian Air Force (IAF) This exercise is scheduled
'Pitch Black 2022'
including 17 countries. to be held from 19 Aug to

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08 Sep 2022 in Australia's


Darwin

Four Sukhoi-30 MKI fighter


jets and two C-17 heavy-lift
aircraft of the Indian Air
Force joined a 17-nation air
combat exercise in
Australia.
The 13th edition of the 21-
day India- USA Joint
Exercise Vajra Prahar
13th edition of the 21- culminated at Bakloh in
Himachal Pradesh.
day Joint Exercise Vajra India and USA
Prahar
The exercise was
conducted in two phases,
combat conditioning &
validation of training.
The 18th edition of
exercise “Yudh Abhyas” is
“Yudh Abhyas” India and US scheduled to take place
from October 14 to 31 in
Uttarakhand's Auli.

Chapter 17: Sports News

Sports Department of Punjab to hold 'Khed Mela' from August 29

• The Sports Department of Punjab is going to organize 'Punjab Khed Mela.


• In the event, 30 sports will be held in six groups under 14 to 60 years
veteran with an aim to identify talent, make a conducive environment for sports
and increase health awareness.
• Apart from the previously held under-14, under-17 and 17 to 25 age groups for
the first time, there will also be competitions in the 25 to 40 year, 40 to 50 year
and 50-to-60-year age groups.
Government approved signing of guarantees for hosting FIFA U-17 Women's
World Cup 2022

• The Union Cabinet, chaired by PM Narendra Modi, has approved the signing
of guarantees for hosting the FIFA U-17 Women's World Cup 2022 in India.
• The tournament is scheduled to be held across 3 cities - Bhubaneswar, Goa
and Mumbai from October 11 to 30, 2022.
• It will be the seventh edition of the tournament.

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• It will be the first time that India hosts a FIFA women's football tournament.
Max Verstappen won Hungarian Grand Prix 2022

• Max Verstappen (Red Bull driver) has won the Hungarian Grand Prix 2022
followed by Lewis Hamilton (Mercedes driver) and George Russell (Mercedes
driver).
• With this title, he sealed his eighth victory of the Formula One 2022 season and
the 28th of his career.
England defeated Germany to win Women's European Championship 2022

• England has defeated Germany by 2-1 in the final of the European


Championship to win its first major women's soccer title at Wembley
Stadium.
Mairaj Ahmad Khan and Razia Dhillon won gold in each shooting meet

• Olympic medallists, Mairaj Ahmad Khan and Raiza Dhillon have claimed
gold medals in men's and women's skeet events respectively in the
inaugural Digvijay Singh Memorial Shooting Championship (Shotgun).
• Arjun Thakur of Madhya Pradesh has silver position and Gurjoat Singh from
Punjab has settled for bronze in Men's category.
Tania Sachdev won 44th Chess Olympiad

• Tania Sachdev registered a 2.5-1.5 win for India against Hungary in the fourth-
round match of women section at the 44th Chess Olympiad in Mamallapuram,
Chennai.
• Koneru Humpy, Dronavalli Harika and R Vaishali ended with a draw in their
respective encounters.
India defeated Bangladesh to win SAFF Under-20 Football Championship 2022

• India has lifted the SAFF U-20 football championship trophy by defeating
Bangladesh 5-2 in the final at Kalinga stadium in Bhubaneswar, Odisha.
• India won this championship for the second consecutive time.
V Pranav becomes India's 75th Chess Grandmaster

• Chess prodigy V Pranav has become India’s 75th Grandmaster by winning a


tournament in Romania.
• The Chennai-based Pranav won the Limpedea Open in Baia Mare, Romania to
secure his third and final GM norm and attain the Grandmaster title.
• He is the 27th Grandmaster from Tamil Nadu (list includes Viswanathan Anand,
D.Gukesh, and R.Praggnanandhaa among others).
Prabath Jayasuriya and Emma Lamb won ICC Player of the Month Awards for July
2022

• The International Cricket Council (ICC) has announced Sri Lankan spin
sensation Prabath Jayasuriya and England batting all-rounder Emma Lamb
as the winners of its Player of the Month awards for July 2022.

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• Jayasuriya made his debut in the Test series against Australia and has picked up
29 wickets from three games with one four-wicket haul and as many as four five-
wicket hauls.
Tennis legend Serena Williams announced retirement

• American legend Serena Williams winner of 23 Grand Slam titles has


announced her retirement from tennis.
• Serena will play her last match at the US Open, which is starting on August 29.
• Serena is the only woman to have recorded more than 65 wins across all four
Grand Slams.
44th Chess Olympiad concluded; India's men & women team won bronze medal

• The 44th Chess Olympiad, which was inaugurated by PM Narendra Modi in


Chennai on 28 July.
• India competed in the tournament with three teams in the Men's Section and
three teams in the Women’s section.
• India 'B' team comprising D Gukesh, R Praggnanandhaa, Raunak Sadhwaniand
and Adhiban won the bronze medal beating Germany.
Sunil Chhetri and Manisha Kalyan named AIFF Footballer of Year

• Sunil Chhetri and Manisha Kalyan have been named the AIFF Men's and
Women's Footballer of the year respectively for the 2021-22 season.
• Chhetri has been honoured for the seventh time with this award. While Kalyan
was first Women's Footballer of the Year award.
• Chhetri, the third highest goal scorer among active international players, was
first named for the award in 2007.
Bhavani Devi won gold medal at Commonwealth Fencing Championships 2022

• Indian fencer Bhavani Devi has secured gold medal in the women’s senior
individual sabre category at the Commonwealth Fencing Championships
2022 in London.
• She defeated Veronika (Australia), who has settled for silver in the event.
Bhavani Devi hails from Tamil Nadu and was the first Indian fencer to
qualify for the Olympics (Tokyo 2020).
First edition of Women’s IPL will be held in March 2023

• 1st Edition of Women Indian Premier League will be starting from March
2023 to be held in a one-month window and in all likelihood with five teams,
a senior BCCI official confirmed.
• The BCCI bigwigs have discussed the issue and a March window has been
found for the tournament after the Women’s T20 World Cup in South
Africa.
1st Khelo India Women’s Hockey League (U-16) to be held in New Delhi

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• First Khelo India Women’s Hockey League under-16 is scheduled to be


held at the Major Dhyanchand Stadium in New Delhi from August 16 to 23,
2022.
• The Khelo India Women’s Hockey League (U-16) is yet another endeavour
by the Khelo India’s Sports for Women component, which takes the most
necessary steps to power in more female participation in a wide array of
sports competitions.
Asia's Oldest tournament Durand Cup starts on August 16
• The oldest football tournament in Asia, Durand Cup is scheduled to start on
August 16, 2022.
• The opening match will be played between FC Goa and Mohammedan SC at the
Vivekananda Yuba Bharati Krirangan in Kolkata. The tournament will feature 20
teams all divided into four groups of five teams each.
• For the first time in its history, the tournament is being held in multiple cities.
West Bengal, Assam and Manipur are hosting the Durand Cup 2022.

FIFA suspended All India Football Federation

• FIFA has suspended the All-India Football Federation (AIFF) and banned it
for the upcoming under 17 women's world cup 2022 which was scheduled to
be held and hosted by India.
• Reason - Undue influence from third parties.
Kevin O'Brien announced retirement from international cricket

• Ireland's Kevin O'Brien has announced his retirement from international


cricket.
• He holds the record for the fastest ICC Men's Cricket World Cup century.
Paralympian Rahul Jakhar won Gold in WSPS Shooting World Cup 2022

• Paralympian Rahul Jakhar has won the gold medal in the WSPS Shooting
World Cup 2022 in Changwon, South Korea.
• He won the gold medal in the 25-metre competition.
• Besides Rahul, Avani Lekhara & Pooja Agarwal won the silver and bronze medals
respectively.
Manisha Kalyan becomes 1st Indian to play in UEFA League

• Manisha Kalyan has become the first Indian footballer to play at the UEFA
Women's Champions League.
• She made her debut for Apollon Ladies FC in the European Club competition in
Engomi, Cyprus.
FIBA U-18 women Asian Basketball championship to be held in Bengaluru

• Karnataka Sports and Youth Empowerment minister Dr. Narayanagowda has


announced that Bengaluru will host FIBA U-18 women Asian Basketball
championship from September 5th to 11th.

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• The international event will be organised in the Sree Kanteerava Indoor stadium
and Koramangala Indoor stadiums.
R Praggnanandhaa defeated world chess champion Magnus Carlsen in FTX Crypto
Cup

• 17-year-old Indian chess master Rameshbabu Praggnanandhaa defeated


world champion Magnus Carlsen in the FTX Crypto Cup in Miami, an
international chess Championships.
• Praggnanandhaa defeated Magnus Carlsen for the third time in a year.
Antim Panghal won gold medal at U-20 World Wrestling Championship

• 17-year-old wrestler Antim Panghal has won the gold medal in the women’s
53kg category at the World U20 Wrestling Championships 2022 in Sofia,
Bulgaria.
• With the top podium finish, 17-year-old Antim Panghal became the first Indian
woman to win a gold medal in the U20 world wrestling championships.
Indian para shuttlers Pramod Bhagat & Sukant Kadam clinched gold medal

• Indian para shuttlers Pramod Bhagat & Sukant Kadam have won the gold
medal at the Thailand Para-Badminton International tournament held in
Pattaya.
• They defeated the Indonesian pair of Dwiyoko & Fredy Setiawan in the men's
doubles final.
Indian men's volleyball team won bronze medal in 14th Asian U-18 Championship

• Indian men's volleyball team has won the bronze medal by defeating Korea
3-2 in the 14th Asian U-18 Championship in Tehran.
• In the preliminary league match too, India defeated Korea but lost to Iran in the
semifinal.
• The Indian U-18 team has qualified for the FIVB World U-19 Men's Volleyball
Championship.
• Japan clinched the gold after beating Iran in the final match.
Satwik & Chirag won 1st medal for India in World Badminton Championship

• The Indian duo of Satwiksairaj Rankireddy and Chirag Shetty won a historic
medal at the World Championships in Tokyo, Japan.
• They became the first-ever Indian pair to claim a medal in the men's doubles
competition.
• Ranked number seven in the world, the Indian pair defeated the world number
two Takuro Hoki and Yugo Kobayashi of Japan in the quarterfinals.
Arjun Erigaisi won Abu Dhabi Masters Chess tournament

• Indian Grandmaster Arjun Erigaisi has won the 28th Abu Dhabi Masters Chess
tournament.

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• He defeated Spain's David Anton Guijarro in the ninth and final round with 7.5
points.
Virat Kohli to become only player to play 100 matches for his country
• Virat Kohli has play for his country in his 100th T201 match and become the only
Indian player in history to play 100 matches for his country in all forms.
• Indian captain has become the first Indian cricketer and second overall, after
New Zealand great Ross Taylor, to play 100 matches in all three formats of the
game.
Neeraj Chopra won Lausanne Diamond League Meet title in Javelin throw

• Neeraj Chopra has won the javelin throw competition at the Lausanne Diamond
League with a best throw of 89.08 meters.
• With this Neeraj became the first Indian to clinch the prestigious Diamond
League Meet title.
Max Verstappen won Belgian F1 Grand Prix 2022

• Red Bull's driver Max Verstappen has won the Belgian Formula 1 Grand Prix
2022.
• Red Bull's Sergio Perez & Ferrari's Carlos Sainz finished at second and third
positions respectively.
Linthoi Chanambam won Gold at Judo World Championships
• 15-year Linthoi Chanambam has secured India's first-ever gold medal in Judo
World Championships at the World Judo Cadet (U18) Championships.
• She defeated Bianca Reis of Brazil in the Women's 57kg category.
Viktor Axelsen clinched 2022 BWF World Championships singles title

• Denmark's Viktor Axelsen has clinched his second BWF World Championships
men's singles title after beating Kunlavut Vitidsarn from Thailand in Tokyo.
• The women's singles title has been retained by Akane Yamaguchi from Japan. She
has defeated China's Olympic champion, Chen Yufei in the final.
• Men's Double - Malaysia Aaron Chia; Malaysia Soh Wooi Yik
• Women's Double - China Chen Qingchen; China Jia Yifan
• Mixed Double - China Zheng Siwei; China Huang Yaqiong

Chapter 18: Book and Author


Book Author
Third Comic book on stories of 20
Ministry of Culture has released the third
Tribal Freedom Fighters on at Tiranga
Comic book
Utsav celebration in New Delhi.

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The Zoological Survey of India (ZSI) has


'Field Guide, Birds of India'
published
Former Prime Minister of Israel Benjamin
'Bibi: My Story'
Netanyahu
Former Vice President M Venkaiah Naidu
'New India: Selected Writings 2014-19 has released
‘India’s Economy From Nehru To Modi
Pulapre Balakrishnan
- A Brief History‘

Chapter 19: Important Day

Date Day Theme/Importance

World Day Against Trafficking in Theme 2022 - Use and Abuse of


30 July
Persons Technology
In order to support and encourage
breastfeeding, WHO and United Nations
1-7 August 2022 World Breastfeeding Week International Children's Emergency
Fund (UNICEF) created a memorandum
in 1990.
It is an annual event that celebrates the
1 August World Wide Web Day history, development, and worldwide
impact of the World Wide Web (WWW).
Venkayya, a freedom fighter and staunch
146th birth anniversary of Pingali Gandhian, was the first to draw up a
2 August
Venkayya rudimentary design of the national flag
in 1921.
To commemorate the atomic bombing of
6 August Hiroshima Day Hiroshima, Japan in 1945, at the end of
World War II
Handloom is a symbol of our glorious
7 August National Handloom Day cultural heritage and an important
source of livelihood.
The All-India Congress Committee under
the leadership of Mahatma Gandhi
8 August Quit India Movement Day
decided to launch this movement at the
Bombay session.

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Theme 2022 - The Role of Indigenous


International Day of the World's
9 August Women in the Preservation and
Indigenous Peoples
Transmission of Traditional Knowledge
Objective - To create awareness about
10 August World Biofuel Day the importance of non-fossil fuels as an
alternative to conventional fossil fuels.
Objective - To spread awareness of lions
10 August World Lion Day and the urgent need to strive toward
their conservation.
Theme - Intergenerational Solidarity:
12 August International Youth Day
Creating a World for All Ages

12 August World Sanskrit Diwas 2022

The day is observed to raise awareness


13 August International Lefthanders Day about the lefty people’s experience with
living in a right-hand dominant world.
Theme 2022: “let’s pledge to donate
13 August World Organ Donation Day
organs and save lives”.
It commemorates the victims and
sufferings of people during the partition
14 August Partition Horrors Remembrance Day of India. The day remembers the
sufferings of many Indians during the
partition.
He was an Indian nationalist,
philosopher, poet, and yoga guru.
Sri Aurobindo's 150th birth
15 August 2022 His main literary works are 'The Life
anniversary
Divine', 'Synthesis of Yoga', and 'Savitri:
A Legend and a Symbol

Atal Bihari Vajpayee's death 16 August 2022 marked the 4th death
16 August
anniversary anniversary of Atal Bihari Vajpayee.

19 August World Humanitarian Day Theme 2022 - It Takes a Village

Theme 2022 - Pandemic Lockdown


19 August World Photography Day
through the lens
104th birth anniversary of Dr. Shanker
19 August
Dayal Sharma

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Theme 2022 - Harness innovation to


20 August World Mosquito Day reduce the malaria disease burden and
save lives
Objective - To raises awareness about
20 August Akshay Urja Diwas the developments related to the
adoption of renewable energy in India.
International Day for the
23 August Remembrance of Slave Trade and its
Abolition
23 August every year to mark the
23 August Internaut Day
invention of the World Wide Web.

24 August Independence Day of Ukraine

23 August to 1 Theme 2022 - Seeing the Unseen: The


World Water Week 2022
September 2022 Value of Water
It was first celebrated in 2004 by animal
26 August International Dog Day welfare activist and pet lifestyle expert
Colleen Paige.
The day commemorates the birth
anniversary of Major Dhyan Chand, the
hockey wizard of India.
29 August National Sports Day
Objective - Creating awareness about the
need and benefits of incorporating
sports and physical activities into our
day to life.
Objective - creates public awareness
International Day against Nuclear regarding the effects of nuclear weapons
29 August tests, and detonations and further
Tests
highlights the requirement for cessation
of such nuclear tests.
Objective - To encourage the rise and
30 August National Small Industry Day development of small-scale businesses
for the economic development.
Objective - To spread awareness about
30 August International Whale Shark Day the importance of whale sharks and their
conservation.

Chapter 20: Science & Technology


ISRO launched India’s 1st virtual space museum named SPARK

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• ISRO Chairman S Somanath has launched the India's first virtual space
museum 'SPARK' for public use to showcase the digital content related to
different ISRO missions in an interactive manner.
• SPARK can be accessed through the official website of ISRO or at
https://spacepark.isro.gov.in.
• Presently, the space organisation has also launched an application, the beta
version of SPARK on their website.
HAL delivered Crew Module Fairing to ISRO for Gaganyaan

• The Hindustan Aeronautics Limited (HAL) has handed over the Crew Module
Fairing (CMF) & High-altitude escape motor Thrust-transfer Structure
(HTS) to the Indian Space Research Organization (ISRO).
• The two big components of the Gaganyaan mission were handed over to the
Vikram Sarabhai Space Centre.
• The Gaganyaan mission, which was set to conduct the maiden uncrewed mission
this year, has been pushed to 2023 as Isro continues to perfect the systems and
has said that it will not take any chances, since this is the first time it is
attempting to send humans into space from India.
Bharat Biotech completed trials for India's first intranasal vaccine

• Bharat Biotech has completed clinical development for phase III trials and
booster doses for BBV154 intranasal Covid vaccine.
• The adenoviral intranasal vaccine BBV154 is the first of its kind Covid-19 vaccine
to undergo human trials in India. “BBV154 has proven to be safe, well-
tolerated and immunogenic in subjects in controlled clinical trials.
• BBV154 is stable at 2-8°C for easy storage and distribution.

India's first indigenous monkeypox test kit launched

• The first indigenously-developed RT-PCR kit for testing monkeypox was


launched at the Andhra Pradesh Medtech Zone (AMTZ).
• Developed by Transasia Bio-Medicals, the kit was unveiled by Principal
Scientific Adviser to the Centre Ajay Kumar Sood.
• The Transasia-Erba monkeypox RT-PCR kit is highly sensitive, but an easy-to-use
test with a uniquely formulated primer and probe for enhanced accuracy.
India's 1st space observatory to come up in Uttarakhand

• India's first commercial space situational awareness observatory will be set


up in the Garhwal region of Uttarakhand by Digantara, a space sector start-
up.
• It will track objects as small as 10 cm in size orbiting the earth.
• The space situational awareness (SSA) observatory will help India track any
activity in space including that of space debris and military satellites hovering
over the region.

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Chapter 21: Obituary


Person About
Renowned Bengali singer Nirmala
Renowned Bengali singer Nirmala Mishra was 81.
Mishra She sang various songs in Bengali, Odia,
and Assamese films.
Former Philippine President Fidel
Former Philippine President Fidel Ramos has passed away at the age of 94.
Ramos He was the 12th president of the
Philippines from 1992 to 1998.
He was known for his performance in films
such as "Chashme Bahaddar", "Ek
Marathi actor Pradeep Patwardhan Shodh" and "Mee Shivajiraje Bhosale
Boltoy"
Rakesh Jhunjhunwala passed away at the
age of 62.
Veteran stock market investor Rakesh
India's newest budget carrier, Akasa Air
Jhunjhunwala was one of the business ventures of
Rakesh Jhunjhunwala.
He won a Pulitzer Prize in 1993 for
Truman, a biography about the 33rd
Pulitzer prize winning author David
president of the US and another Prize in
McCullough 2002 for the biography about the second
US president, John Adams.
She was a part of various shows such as
The Fox Report, Fox News Live, Fox
Indian American journalist Uma News Now, and Fox On Trends.
Pemmaraju She has been awarded many Emmy
Awards in her career for investigative
reporting and journalism.
Jain, who was born in India, spent two
decades building Deutsche Bank into
Deutsche Bank's former India-born co-
one of the world's top universal banks. He
CEO Anshu Jain was the first non-European to lead the
German institution.
Amitabh Chaudhary the former BCCI
Former BCCI Secretary Amitabh acting secretary and president of
Choudhary Jharkhand State Cricket Association
(JSCA) has passed away at 58.
Narayan has passed away at the age of 82
in Kochi.
Kerala's first tribal novelist and short
His debut novel, 'Kocharethi' published in
story writer Narayan 1998, was selected for the Kerala Sahitya
Akademi award in 1999.

IBPS | SBI | RBI | SEBI | SIDBI | NABARD | SSC CGL | SSC CHSL | AND OTHER GOVERNMENT EXAMS 56
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Samar 'Badru' Banerjee, who led the


Former Olympic football captain Samar country to a historic fourth-place finish in
'Badru' Banerjee the 1956 Melbourne Olympics, has
passed away recently.
He served as the Governor of Jharkhand
from the year 2004- 2009.
Former Jharkhand Governor Syed
He was a member of the Rajya Sabha
Sibtey Razi thrice. Later he was made the Governor of
Jharkhand and Assam.
Abdul Gaffar Nadiadwala was known for
backing over 50 Hindi films including
Veteran producer Abdul Gaffar
1965 film "Mahabharat" and hit comedies
Nadiadwala in the 2000s such as "Hera Pheri" and
"Welcome".
In his career, he taught economics at
Jawaharlal Nehru University, New Delhi,
and hold several important government
positions including the chair of the
Eminent economist Abhijit Sen Commission of Agricultural Cost and
Prices.
He was awarded the Padma Bhushan for
public service in 2010.

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IBPS | SBI | RBI | SEBI | SIDBI | NABARD | SSC CGL | SSC CHSL | AND OTHER GOVERNMENT EXAMS 57
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