Daily GK Update: 10th June 2022

By Stuti Mishra|Updated : June 10th, 2022

 Banking & Finance

1. Nirmala Sitharaman launches EASE 5.0 'Common reforms agenda' for PSBs

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  • FM Nirmala Sitharaman has launched EASE (Enhanced Access and Service Excellence) 5.0 'Common reforms agenda' for Public Sector Banks (PSBs) under EASENext program
  • EASE has evolved over four annual editions from FY19 to FY22 and has catalyzed reforms in diverse areas in Public Sector Banks
  • EASE 5.0 will focus on digital customer experience, and integrated & inclusive banking, with emphasis on supporting small businesses and agriculture.
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 National & International Appointments

2. Mayank Kumar Agrawal given additional charge of Prasar Bharati CEO

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  • Doordarshan News Director-General Mayank Kumar Agrawal (1989-batch IIS officer) has been given additional charge as Chief Executive Officer (CEO) of Prasar Bharati
  • He succeeded Shashi Shekhar Vempati, who stepped down as CEO following a five-year tenure.
  • Prasar Bharati: India's public broadcaster, headquartered in New Delhi.
  • It is a statutory autonomous body set up by Parliament’s Act of Parliament and comprises Doordarshan Television Network and All India Radio
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 Sports

3. Tamil Nadu CM launches logo and mascot of 44th Chess Olympiad

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  • Tamil Nadu Chief Minister MK Stalin has launched the official logo and mascot of the 44th Chess Olympiad.
  • The mascot is names as 'Thambi' and is a knight dressed in the traditional Tamil attire Veshti (Dhoti) with a shirt and is seen with folded hands, apparently extending the Tamil greeting 'Vanakkam'.
  • Chess Believe is written on its shirt.
  • It is the 2nd major international chess event to be hosted by Chennai, after World Championship match in 2013.
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 Banking & Finance

4. OECD slashes India's GDP growth forecast to 6.9% in FY23

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  • Organization for Economic Cooperation and Development (OECD) in its latest report has projected India's real GDP to grow by 6.9% in fiscal year FY 2022-23 and 6.2% in FY 2023-24.
  • This projection is due to country's economy loses momentum due to high inflation and rising global energy-food prices
  • OECD's current GDP projections are lower than its earlier estimate of 8.1% GDP growth in 2022-23
  • OECD is an intergovernmental organization with 38 member countries
  • HQs: Paris
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 National Affairs

5. PM Modi inaugurates development initiatives during Gujarat Gaurav abhiyan

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  • Prime Minister Narendra Modi has inaugurated and laid the foundation stone of multiple development initiatives during 'Gujarat Gaurav Abhiyan' in Navsari:
    • A M Naik Healthcare Complex and Nirali Multi Speciality Hospital in Navsari
    • Headquarters of Indian National Space Promotion and Authorisation Centre (IN-SPACe) in Bopal, Ahmedabad.
    • Madhuban dam-based Astol regional water supply project
    • Development initiatives worth about Rs 3,050 crore at Khudvel
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 Summits & Conferences

6. India to host special ASEAN-India Foreign Ministers’ meet

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  • India will host Special ASEAN-India Foreign Ministers’ Meeting on the 16th and 17th June to mark the 30th anniversary of its relations with the 10-nation grouping.
  • It will be the first meeting hosted by India in New Delhi and will be accompanied by 12th Edition of Delhi Dialogue.
  • It will be attended by External Affairs Minister Dr. S. Jaishankar and ASEAN’s Ministers.
  • Theme of the Delhi Dialogue 2022: Building Bridges in the Indo-Pacific.
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 National & International Organizations

7. India's FDI rank rises to 7th position despite falling inflows

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  • United Nations Conference on Trade and Development (UNCTAD) in its latest World Investment Report projected India’s rank to be 7th among the top recipients of foreign direct investment (FDI) despite FDI inflows into the country declining
  • FDI inflow into India declined to $45 billion in 2021 from $64 billion in the preceding year.
  • US ($367 billion) remained the top recipient of FDI, followed by China ($181 billion) and Hong Kong ($141 billion).
  • UNCTAD's HQs: Geneva.
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 National & International Appointments

8. Ex-registrar of MSU, N J Ojha appointed as MGNREGA ombudsman

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  • Ex-registrar of MSU, N J Ojha has been appointed as ombudsman under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) for 2-year term.
  • He will now have the power to investigate allegations by MGNREGA staff, consider them, award awards within 30 days of receipt of the complaint
  • MGNREGA: It was launched in 2005 to augment employment generation and social security in India.
  • It is a demand-driven wage employment scheme under Ministry of Rural Development
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 National & International Appointments

9. Ramkrishna Mukkavilli recognized as Global SDG pioneer by UNGC

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  • Founder and MD of Maithri Aquatech, Ramkrishna Mukkavilli becomes the first Indian to be recognized by United Nations Global Compact (UNGC) as a Global Sustainable Development Goal (SDG) Pioneer for Water Stewardship
  • He was previously selected as India's SDG Pioneer by UN Global Compact Network India (GCNI) for his work in building water security with nature-based water solutions across India and 27 countries spanning South East Asia, the Middle East, and Africa.
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 Books & Authors

10. IISM launches “The Winning Formula for Success” Book

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  • International Institute of Sports Management (IISM) has launched India’s first-ever book on Sports Marketing in the country as part of a series to enrich students with industry knowledge.
  • The first book in the series is titled as ‘Business of Sports: The Winning Formula for Success’, which is authored by Vinit Karnik
  • It has been published under the banner of Popular Prakashan.
  • Founder of IISM: Nilesh Kulkarni.
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 Honours & Awards

11. PGI’s Resource Centre for Tobacco Control, Chandigarh awarded by WHO

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  • WHO has awarded Resource Centre for Tobacco Control (e-RCTC) of the Department of Community Medicine and School of Public Health at Postgraduate Institute of Medical Education and Research (PGIMER) in Chandigarh with Regional Director Special Recognition Award.
  • The centre provides information related to tobacco control in India, including circulars, orders, policies and legislations.
  • RCTC is a joint initiative of PGIMER and UNION-SEA and was set up in 2018.
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Daily GK Update: 10th June 2022

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