Daily GK Update: 24th July 2022

By Neha Bisarya|Updated : July 25th, 2022

 Sports

1. Neeraj Chopra wins silver at 2022 World Athletics Championships, Oregon

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  • Neeraj Chopra has clinched the silver medal with best throw of 88.13m, in the  javelin throw final at 2022 World Championships, Eugene, Oregon.
  • He also becomes only the second Indian and first male track and field athlete to win a medal.
  • Anderson Peters (Grenada) has bagged gold with a best throw of 90.54m while Jakub Vadlejch (Czech Republic) took the bronze with 88.09m.
  • Legendary long jumper, Anju Bobby George was the first Indian to win bronze in the 2003 at Paris.
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 Banking & Finance

2. India's Forex reserves decreased to USD 572.7 billion from USD 7.5 billion

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  • According to the latest report released by the Reserve Bank of India, the foreign exchange reserves of India has been dropped to $572.7 billion from $7.5 billion during the week ended July 15, 2022.
  • Reason: It is mainly due to foreign currency assets that were down $6.5 billion.
  • Reserves have been fallen about $60 billion in 2022 due to aggressive intervention by the central bank to curb the sharp volatility in the foreign exchange market. 
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 Defense

3. India and Japan conduct maritime partnership exercise in Andaman Sea

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  • A Maritime Partnership Exercise (MPX) has been conducted between the Maritime Self Defense Force of Japan and Indian Navy in the Andaman Sea.
  • INS Sukanya (offshore patrol vessel) and JS Samidare (Murasame class destroyer) undertook various exercises, which include seamanship activities, aircraft operations and tactical manoeuvres as part of the operational interaction.
  • Aim: Enhancing interoperability and streamlining seamanship and communication procedures.
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 State Affairs

4. Jharkhand government unveils state's Tourism Policy 2021

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  • Jharkhand Chief Minister, Hemant Soren has launched Jharkhand Tourism Policy 2022 which helps to prepare a roadmap for tourism to thrive in the state.
  • The state new tourism policy focuses on eco-tourism and incentives to bring in investors into the state.
  • The policy also focusing to civic amenities and adopting ways of beautification for sites like Deoghar, Parasnath, Madhuban and Itkhori.
  • Jharkhand Tagline: A New Experience
  • Governor: Ramesh Bais
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 Agreement

5. Cochin Shipyard, IIM-Kozhikode sign to boost Startups in maritime sector

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  • The Cochin Shipyard Limited (CSL) has signed an agreement with the Indian Institute of Management-Kozhikode (IIMK) to boost start-ups in the maritime sector.
  • Aim: Create an ecosystem for supporting startups in the maritime sector from the technical, regulatory, financial, and marketing
  • The CSL and IIMK's business incubator Laboratory for Innovation Venturing and Entrepreneurship (LIVE) plans to bring the stakeholders together.
  • Cochin Shipyard Ltd Chairman: Madhu S Nair
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 Important Dates

6. Income Tax Day observed on 24 July by CBDT

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  • The Central Board of Direct Taxes (CBDT) has observed the 163rd anniversary of Income Tax Day on July 24, 2022.
  • Income Tax was introduced for the first time in India by Sir James Wilson on 24 July 1860.
  • Purpose: To compensate for the losses incurred by the British regime during the first war of independence against British Rule in 1857.
  • The CBDT is a statutory authority functioning under the Central Board of Revenue Act, 1963.
  • CBDT chairman: Nitin Gupta
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 State Affairs

7. Assam Govt approves creation of second Wildlife Sanctuary in Barak valley

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  • Assam government has approved the proposal for the creation of Barak Bhuban Wildife Sanctuary (second wildlife sanctuary) in Barak Valley.
  • The Barak Bhuban Wildlife Sanctuary will be spread over an area of 320 sq Km between the Barak river and Sonai river.
  • Eight recorded species: Slow loris, Rhesus macaque, Pig-tailed macaque, Stump-tailed macaque, Assamese macaque, capped langur, phayre's leaf monkey and hoolock gibbon.
  • It is also an important habitat for king cobra.
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 Agreement

8. Hindalco, Aequs sign pact in commercial aerospace sector

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  • Hindalco Industries and Aequs have signed a strategic pact for long-term collaboration and joint business development in the commercial aerospace sector.
  • Aequs has signed for supply of raw materials including, billets and extrusions by Hindalco Industries Ltd (Hindalco) through its manufacturing units and/or its subsidiary, Hindalco Almex Aerospace Ltd (HAAL).
  • It will be ultimately consumed by commercial aerospace OEMs ( original equipment manufacturers).
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 State Affairs

9. India’s first brain health clinic launched in Bengaluru

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  • Health Minister Dr K Sudhakar (Karnataka) has inaugurated India’s first brain health clinic under the Karnataka Brain Health Initiative (Ka-BHI) at Jayanagar General Hospital.
  • The inauguration ceremony was held on World Brain Day (22nd July).
  • Two more such centres will come up in Chikkaballapura and Kolar districts in association with Nimhans.
  • Karnataka Brain Health Initiative (Ka-Bhi) ambassador, Robin Uthappa, had also participated in the event.
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 State Affairs

10. Karnataka cabinet gives approval to states new employment policy 2022-2025

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  • The Karnataka cabinet has gave their approval to the ‘Karnataka Employment Policy 2022-25’ for increasing job opportunities in the state.
  • If an industry is planning to increase the working capital by ₹50 crore, it has to create a minimum of 30-50 jobs.
  • For increasing investment up to ₹100 crore, the minimum 35 jobs should be created for locals.
  • For ultra mega units, which were earlier required to create a minimum of 400 jobs, will now have to generate 510.
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Daily GK Update: 24th July 2022

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