Daily GK Update: 16th September 2022

By Neha Bisarya|Updated : September 16th, 2022

 National & International Appointments

1. SIAM appoints Vinod Aggarwal as new president for 2022-23

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  • The Society of Indian Automobile Manufacturers (SIAM) has elected MD & CEO of Volvo Eicher Commercial Vehicles, Vinod Aggarwal as its president for 2022-23.
  • He succeeded Kenichi Ayukawa, Executive Vice Chairman & Whole Time Director, Maruti Suzuki India.
  • Earlier, he was served as the vice president of SIAM.
  • The SIAM has also elected MD of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, Shailesh Chandra as the vice president for 2022-23.
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 Banking & Finance

2. FinMin allows RRBs to raise funds via IPO, rights issue

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  • The government has issued a detailed draft of the guidelines for Regional Rural Banks (RRBs) to raise capital and putting the onus for identifying eligible RRBs on their sponsor banks.
  • RRBs are planning to make an initial public offering to raise capital must have at least Rs 300 crore of net worth for the previous three years.
  • They should also have their capital adequacy above the regulatory minimum level of 9%.
  • Total existing Regional Rural Banks: 43
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 Sports

3. Roger Federer announces retirement from professional tennis

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  • Tennis legend, Roger Federer has announced his retirement from the professional tennis after the conclusion of the Laver Cup 2022.
  • He has played more than 1500 matches over 24 years the Marvel of  Tennis exponent Federer.
  • He has played his first junior match in 1996 at the age of 14 at a grade 2 tournament in Switzerland.
  • He won his first grand slam championship at Wimbledon in 2003 at 21.
  • Federer has won the most Grand Slam men's singles main matches in Open Era (369).
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 Banking & Finance

4. Wholesale price-based inflation eases to 12.41 per cent in August

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  • As per the Commerce and Industry Ministry data, the wholesale price-based inflation has been reduced to 12.4% in August as compared to 13.93 % in July 2022.
  • Reason: The WPI inflation fell on easing prices of Manufactured products.
  • The Wholesale inflation was at a record high of 15.88%in May 2022 and stood at 11.64% in August 2022.
  • August is the 17th consecutive month of double-digit wholesale price inflation (WPI).
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 Honours & Awards

5. Haqdarshak’s Aniket Doegar gets Social Entrepreneur of Year award

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  • CEO of Haqdarshak, Aniket Doegar has been honoured with the 13th Social Entrepreneur of the Year (SEOY) Award-India.
  • The award has been established by Jubilant Bhartia Foundation and Schwab Foundation for Social Entrepreneurship.
  • Haqdarshak is a tech platform that connects citizens with their eligible government welfare schemes.
  • The award has been presented by Anurag Singh Thakur, Union Minister for Information and Broadcasting.
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 National Affairs

6. Ministry of Environment release Management Effectiveness Evaluation 2022

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  • The Ministry of Environment, Forest and Climate Change has recently released the Management Effectiveness Evaluation (MEE-ZOO) report 2022.
  • The report was created on the survey of zoos across India
  • Finding:
    • India has 147 recognized zoos {large (17), medium (23), small (33), mini-zoos (60) and rescue centres (14)}.
    • Top performers Zoo in different categories:
      • Large: Vandalur Zoo, TN
      • Medium: Padmaja Naidu Himalayan Zoological Park, WB
      • Planning element: Vandalur Zoo
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 National Affairs

7. NCPCR revamps online portal E-Baal Nidan for redressal of grievances

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  • The National Commission for Protection of Child Rights (NCPCR) has revamped online portal E-Baal Nidan.
  • Aim: For timebound redressal of grievances against violation of child rights.
  • Feature: It include bifurcation of complaints based on the nature of the complaint into their subject matters like Juvenile Justice, POCSO, Labour and Education.
  • It will be beneficial for the complainants as well as the commission while dealing with complaints.
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 Defense

8. BSF's first female camel riding squad to be deployed in Rajasthan & Gujarat

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  • The first female camel riding squad of BSF is ready to be deployed along the India-Pakistan border in Rajasthan and Gujarat.
  • The squad will also participate for the first time in the BSF Raising Day Parade on 1st December.
  • This Squad will be the first of its kind in the world.
  • This squad has received intensive training at the Bikaner Regional Headquarters of BSF under the supervision of skilled trainers.
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 Obituaries

9. Former Cabinet Minister of Malaysia, Tun Dr. S. Samy Vellu passes away

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  • Former Cabinet Minister and first Pravasi Bharatiya Samman Awardee from Malaysia, S. Samy Vellu has been passed away at the age of 86.
  • He has served as Minister of Works from June 1983 to June 1989 and again from May 1995 to March 2008.
  • He has also hold the post of Minister of Energy, Telecommunications from June 1989 to May 1995.
  • He was the longest-serving MIC president after holding the position for 31 years from 1979.
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 Banking & Finance

10. Fitch cuts India's FY23 growth to 7%

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  • Fitch has cut the India's gross domestic product (GDP) growth forecast for 2022-23 to 7% from 7.8%.
  • Reason: Due to the impact of the global economic slowdown, elevated inflation and tighter monetary policy.
  • The European gas crisis, high inflation and a sharp acceleration in the pace of global monetary policy tightening are taking a heavy toll on economic prospects.
  • The Fitch has predicted the growth to be slowed down to 6.7% in 2023-24 from 7.4%.
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 Sports

11. Australian cricketer Rachael Haynes retires from international cricket

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  • Australian woman cricketer, Rachael Haynes has announced her retirement from international cricket at the age of 35.
  • But, she would play one more season for Sydney Thunder in the Women’s Big Bash League.
  • The left-hand batter has scored 3,818 runs in more than 150 internationals over all three formats since her debut in 2009.
  • She has won six global titles with Australia and became the vice-captain in 2018.
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 State Affairs

12. Hemant Soren launches Jharkhand Sports Policy 2022 in Ranchi

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  • Jharkhand CM, Hemant Soren has launched Jharkhand Sports Policy 2022 in Ranchi with an aim to reduce bottlenecks from the path of sportspersons in excelling at national and international events.
  • Aim: To create the country's first sports digital database for all the players of the state, establishment of a sports university, reservation for sportspersons in jobs and educational institutions.
  • The sports policy has been made for a period of five years.
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 National Affairs

13. Govt grants ST status to several communities in 5 states

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  • The Cabinet has cleared the proposal to notify several tribal communities under the ST category in Chhattisgarh, Himachal Pradesh, Karnataka, Tamil Nadu, and Uttar Pradesh.
    • Narikoravan and Kurivikkaran community of Tamil Nadu
    • Betta-Kuruba community as a synonym of Kadu Kuruba of Karnataka
    • Gonds, along with its five sub-castes, in Bhadohi district of Uttar Pradesh
    • Hatti community living in Himachal’s Sirmour area
    • Brijjia community and 11 other tribes from Chhattisgarh
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Daily GK Update: 16th September 2022

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