Daily Current Affairs for CLAT & Other Law Exam: 6th July 2022

By Anupam Kawde|Updated : July 6th, 2022
  • Current Affairs plays a vital role in the preparation of CLAT 2021 and other law exams. Current Affairs keep you updated about the happenings around the world. The majority of questions asked in the exam are from the latest current affairs. 
  • Current Affairs not only keeps you up to date but also provides you a better perspective and knowledge about the important burning issues worldwide.
  • The ‘General Knowledge, including current affairs section’ has witnessed the most drastic changes. The questions that were earlier directly asked have now been replaced with passage-based questions. Due to this change the section which was earlier an economical one in contrast to time consumption has become too lengthy and time-consuming.

 Honours & Awards

1. Maryna Viazovska becomes second woman to win Fields Medal for Mathematics

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  • Ukrainian mathematician, Maryna Viazovska has been named as one of four recipients of the 2022 Fields Medal for mathematics.
  • She is the second woman to win the Fields Medal after Maryam Mirzakhani (Iranian), who received the prize in 2014.
  • Other winners: Frenchman Hugo Duminil-Copin, Korean-American June Huh, Britisher James Maynard
  • The Fields Medal is awarded by the International Mathematical Union (IMU).
  • Award: citation and a cash prize of 15,000 Canadian dollars

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 National & International Appointments

2. Aviva Life appoints Asit Rath as new MD and CEO

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  • Asit Rath has been appointed as the new chief executive officer and managing director of Aviva India, with effect from July 11, 2022.
  • He will replace Amit Malik, who is leaving the business after 10 years.
  • Currently, He is working as the CEO of Prudential Myanmar Life Insurance.
  • Aviva India is a JV between Dabur Invest Corp and Aviva International Holdings Limited (UK-based insurance group).
  • Since 1834, Aviva International has been associated with India.

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 National Affairs

3. Odisha emerges as top state in State Ranking Index for NFSA

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  • Three states, Odisha, Uttar Pradesh, and Andhra Pradesh have emerged as the top states in the State Ranking Index for National Food Security Act (NFSA).
  • The first edition of State Ranking Index for NFSA has been released by Consumer Affairs Minister Piyush Goyal.
  • Special Category: Tripura, followed by Himachal Pradesh and Sikkim.
  • Last: Ladakh (34), Meghalaya (33), Manipur(32)
  • The National Food Security Act (NFSA) was enacted on July 5, 2013.

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 Banking & Finance

4. SBI Life signs pact with Paschim Banga Gramin Bank for bancassurance

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  • The Paschim Banga Gramin Bank has signed a bancassurance pact with SBI Life Insurance to offer wide product range of SBI Life.
  • Products include: Wealth creation, credit life, annuity and savings products.
  • The agreement was signed by Arun Kumar Patra, General Manager of Paschim Banga Gramin Bank and Jayant Pandey, Regional Director of SBI Life.
  • Bancassurance: Arrangement between a bank and an insurance company to sell its products to the lender's customers.

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 Agreement

5. India signs MoU with Armenia on High Impact Community Development Projects

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  • India has signed an MoU with Armenia on High Impact Community Development Projects in Armenia with financial and technical assistance from India.
  • The MoU was signed at the 8th India-Armenia Intergovernmental Commission on Trade, Economic, Scientific and Technological, Cultural and Educational Cooperation (IGC) held in Yerevan.
  • Later, Mahatma Gandhi Auditorium was inaugurated at the Yerevan State Medical University (YSMU).
  • Armenia Capital: Yerevan; Currency: Dram

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 National Affairs

6. India's first testbed for autonomous navigation launches at IIT-Hyderabad

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  • Minister of State for Science, Jitendra Singh has launched the TiHAN, a Testbed for Autonomous Navigation for both ground and aerial vehicle testing, at IIT Hyderabad.
  • Aim: to promote collaborative research between academia, industry and R&D labs.
  • TiHAN refers to Technology Innovation Hub on Autonomous Navigation.
  • TiHAN has been recognised as a Scientific and Industrial Research Organization (SIRO) by the Department of Scientific and Industrial Research.

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 Honours & Awards

7. Michelle Poonawalla receives Shiromani Award at NRI World Summit 2022, UK

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  • Michelle Poonawalla has received the prestigious Shiromani Award from G. P. Hinduja, co-chairman of Hinduja Group at NRI World Summit 2022, United Kingdom.
  • She has been recognized for her contribution to the field of Art and was a speaker at the House of Lords, UK.
  • Oher winners: Sadhu Bhramvihari, Lord Rami Ranger, Rita Hinduja Chhabria, Dr. Kamel Hothi OBE and Falguni Shane Peacock.
  • The Shiromani Award was instituted in 1977.

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 Agreement

8. Greenko signs MoU with IIT-H to set up School of Sustainable S&T

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  • Greenko and IIT Hyderabad have signed an MoU to launch nation's first dedicated school for sustainable science and technology.
  • Aims: Fill the gap in research, education and skills in the sustainable development space.
  • The school will also promote studies in climate change mitigation; artificial intelligence and space technology; energy transition and industrial transformation.
  • The Greenko School of Sustainable Science and Technology (GSSST) will open by June 2023.

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 Banking & Finance

9. Muthoot Finance gets approval from RBI to open 150 new branches

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  • Muthoot Finance has received an approval from the RBI to open 150 new branches across the nation.
  • This approval will help the company to expand its customer base.
  • Muthoot Finance had also expanded its doorstep service of gold loan@home across South India with an aim to make credit more accessible and easy to avail.
  • The consolidated assets under management growth of 11% to ₹64,494cr and profit of ₹4,031cr for FY22.
  • MD: George Alexander Muthoot

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 Banking & Finance

10. Edelweiss General Insurance launches SWITCH, comprehensive motor insurance

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  • Edelweiss General Insurance has launched a comprehensive motor insurance product named SWITCH.
  • This product was launched under Insurance Regulatory and Development Authority's (IRDAI) Sandbox initiative.
  • SWITCH is a digital mobile telematics-based motor policy.
  • This app detects the motion and automatically activates insurance when the vehicle is driven.
  • SWITCH is about ‘Drive less, pay less; Drive better, pay less’.
  • CEO, Edelweiss General Insurance: Shanai Ghosh

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 Defense

11. Indian Navy commissions first ALH Squadron INAS 324

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  • Indian Navy has commissioned Indian Naval Air Squadron 324 in the presence of Vice Admiral, Biswajit Dasgupta at INS Dega, Visakhapatnam.
  • This is the first Naval Squadron on the Eastern Seaboard operating indigenously designed and built Advanced Light Helicopter (ALH) MK III (MR) helicopters.
  • This has been named as ‘Kestrels’, after a bird species, that has good sensory capabilities, symbolising the role envisaged of the aircraft and the air squadron.

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 National & International Organizations

12. Burman family becomes official promoter of Eveready Industries

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  • Dabur India promoter Burman family has now become official promoter of Eveready Industries.
  • The investment firms of the Burman family entities had acquired a 14.55% share of Eveready Industries from the open market and now collectively own a majority stake.
  • Prior to this, the family had acquired a 23.83% stake in Eveready Industries.
  • Besides Dabur, the Burman family owns other businesses which include Aviva Life Insurance Co, Lite Bite Foods, HealthCare atHOME (HCAH).

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 National & International Organizations

13. Indian American, Jayshree V Ullal on Forbes list of richest self-made women

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  • Jayshree V Ullal, the president and CEO of Arista Networks, a computer networking firm has been named on the eighth edition of Forbes’ list of America’s richest self-made women.
  • She has been heading Arista Networks since 2018.
  • She is also on the board of directors of Snowflake, a cloud computing company.
  • Other Indian American: Neerja Sethi, Neha Narkhede, Indra Nooyi, Reshma Shetty
  • Diane Hendricks, co-founder and chairman of ABC Supply has topped the list.

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 International Affairs

14. Uganda announces discovery of 31 million metric tonnes of gold deposits

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  • The African country, Uganda has recently announced the discovery of a deposit of 31 million tonnes of gold ore, with extractable pure gold estimated to gross 320,000 tonnes.
  • It will attract big investors to develop the Sector hitherto dominated by small wildcat miners.
  • To boost the country’s economy, the Ugandan Government has licensed Wagagai Gold Mining Company, a Chinese firm to start producing gold products in the Busia district. 

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