Daily GK Update: 1st September 2022

By Neha Bisarya|Updated : September 1st, 2022

 National & International Appointments

1. Govt appoints Rajesh Kumar Srivastava as interim chairman of ONGC

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  • ONGC has appointed interim chairman in Rajesh Kumar Srivastava for a period of 4 months with effect from September 1, 2022, to December 31, 2022 (i.e the date of his superannuation) or until further orders, whichever is the earliest.
  • He is the senior-most director on the ONGC board.
  • He has been given additional charge of chairman and managing director after current acting head Alka Mittal has been superannuated.
  • ONGC founded: 14 August 1956
  • ONGC HQ: New Delhi
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 Banking & Finance

2. HSBC India collaborates with AFI to support future female athletes

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  • Athletics Federation of India (AFI) has joined hands with HSBC India to support women athletes of the country.
  • Under the partnership, promising girl athletes will be selected from the National Inter District Championships for U-14 and U- 16 categories.
  • Special coaching camps would be set up for the selected athletes and nurtured them to perform on the global platform.
  • Attended by: Anju Bobby George, Priyanka Goswami, Annu Rani and Hima Das
  • HSBC India CEO: Hitendra Dave
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 Banking & Finance

3. India GDP increases by 13.5% in Q1 FY23

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  • As per the official data, Indian economy has been grown by 13.5% in the April-June period 2022, this is the fastest in the last four quarters.
  • Reason: Better performance by the agriculture and services sectors.
  • India has also remained the fastest growing major economy as China registered economic growth of 0.4% in the April-June 2022 quarter.
  • As per the data released by the National Statistical Office, the Indian economy has been grown by 20.1% in April-June 2021-22.
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 Banking & Finance

4. India Inc's foreign investment declines over 50% in July

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  • As of 31st August 2022, as per the RBI data, the India Inc's foreign direct investment has been declined over 50% to $1.11 billion in July 2022
  • The domestic firms had invested over $2.56 billion on Outward Foreign Direct Investment in July 2021 in the form of equity, loan and issuances of guarantees
  • The Indian businesses has invested $579.15 million by equity infusion, $193.21 million as loans and $337.49 million infused by issuing guarantees to their overseas ventures
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 Banking & Finance

5. Kerala's Alappuzha declared full digital banking district

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  • RBI Kerala and Lakshadweep Regional Director, Thomas Mathew has declared that Alappuzha has become the fifth fully digital banking district in Kerala.
  • Four Kerala districts: Thrissur, Kottayam, Palakkad and Kasaragod
  • The project was initiated by the RBI with the support of the State Level Bankers’ Committee and respective district administrations as part of the Digital India project.
  • As part of the initiative, at least one digital transaction facility has been enabled.
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 Banking & Finance

6. All-India house price index increased by 3.5% in Q1 of 2022-23

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  • As per the data released by RBI, during the first quarter of 2022-23, the pricing index for homes in India has been grown by 3.5% year-on-year.
  • The all-India house price index (HPI) is a quarterly release done by the central bank.
  • This index is based on transaction-level data obtained from the housing registration authorities in 10 major cities in the country.
  • The cities are: Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai.
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 National Affairs

7. Indian Railways installed 'Meghdoot' machines in Mumbai railway stations

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  • The Central Railways has set up atmospheric water generators (AWG), Meghdoot in six railway stations in Mumbai, Maharashtra.
  • With the help this, machine can directly harvest water from the air and the commuters can refill their bottles for Rs 12 per litre and Rs 8 for 500 ml.
  • The Railways has already installed 17 kiosks across six major stations, including five each at CSMT and Dadar, four at Thane, and one each at Kurla, Ghatkopar and Vikhroli.
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 Science & Technology

8. CERT-In conducts exercise Cyber Security Exercise “Synergy”

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  • Indian Computer Emergency Response Team (CERT-In) has collaborated with the Cyber Security Agency of Singapore to design and conduct the Cyber Security Exercise “Synergy” for 13 Countries.
  • It was a part of the International Counter Ransomware Initiative- Resilience Working Group.
  • The Group is being led by India under the leadership of National Security Council Secretariat.
  • Theme: “Building Network Resiliency to counter Ransomware Attacks”. 
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 Agreement

9. India approves MoU with Nepal on biodiversity conservation

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  • Cabinet has approved an MoU with the Government of Nepal on biodiversity conservation to strengthen and enhance coordination and cooperation in the field of forests, biodiversity conservation, and climate change.
  • This MoU also aims the restoration of corridors and interlinking areas and sharing of knowledge and best practices, between the two countries.
  • Minister of Environment, Forest and Climate Change: Bhupender Yadav
  • MoS,  Environment: Ashwini Kumar Choubey
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 Obituaries

10. Former Soviet leader Mikhail Gorbachev passes away

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  • The former Soviet leader, Mikhail Gorbachev has been passed away at the age of 91 after a serious and protracted disease.
  • He had served as the general secretary of the Soviet Communist Party and de facto leader of the country in 1985.
  • He had been honoured with the Nobel Peace Prize in 1990 for negotiating a historic nuclear arms pact with US leader Ronald Reagan.
  • He was the youngest member of the ruling council known as the Politburo. 
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 Important Dates

11. National Nutrition Week 2022: 1st to 7th September

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  • India has observed National Nutrition week from September 1 to September 7 every year to make people aware about the adequate nutrition in food while enjoying the different flavours of Indian cuisine.
  • The theme of National Nutrition Week 2022 is to ‘Celebrate a World of Flavours.’
  • An annual week-long celebration has been organised by the Food and Nutrition Board of the Government of India’s Ministry of Women and Child Development.
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 Defense

12. HM Amit Shah to launch “CAPF eAwas” web-portal

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  • HM, Amit Shah has launched the Central Armed Police Forces' eAwas web-portal to operationalise the revised policy of allotment and  bring transparency to the allotment process.
  • The web-portal will enable online registration and allotment of residential quarters to eligible personnel of CAPFs and Assam Rifles.
  • CAPF has been classified into three major categories: Border Guarding Forces; Forces for Internal Security; and Special Task Force
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 National & International Appointments

13. Government appoints Nagesh Singh as India’s ambassador to Thailand

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  • Nagesh Singh has been appointed as next ambassador of India to Thailand.
  • He is presently Joint Secretary in the Ministry of External Affairs.
  • He will replace ambassador, Suchitra Durai and is expected to take up the assignment shortly.
  • Nagesh Singh is a 1995 batch officer of the Indian Foreign Service (IFS) who has served as Consul General of India in Atlanta.
  • Thailand Capital: Bangkok; Currency: Thai Baht
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 State Affairs

14. Delhi CM Kejriwal launches virtual school

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  • Delhi Chief Minister, Arvind Kejriwal has launched the India's first Delhi Model Virtual School.
  • The school will be for classes IX to XII and will be affiliated to the Delhi Board of School Education.
  • The platform was created by two globally recognised organisations, Google and Schoolnet India.
  • Virtual school teachers have received special training to conduct online classes.
  • The platform will also provide students access to a huge digital library and the content.
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Daily GK Update: 1st September 2022

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