Daily GK Update: 24th June 2022

 Summits & Conferences

1. Jammu and Kashmir to host G-20 meetings in 2023

• Jammu and Kashmir has been selected to host the G-20 meetings in 2023.
• The UT government has also set up a five-member high-level committee for the coordination of G20 summit.
• Piyush Goyal (Commerce and Industry Minister) was appointed as India's Sherpa for the G20 in September 2021.
• India will take the G-20 presidency from December 1, 2022.
• India has been represented by PM Modi since 2014 in G20 summit.
• G20, 2024: Brazil
• G20, 2025: South Africa

 Honours & Awards

2. Odisha, 'Mo Bus' service received the prestigious UN Public Service Aw

• Mo Bus, Odisha-based public transport service has been honoured with a prestigious United Nations award.
• Reason: Role and efforts in helping the world recover better from COVID-19.
• Initiatives from Brazil, Canada, India, Ireland, Panama, Philippines, Poland, Saudi Arabia, Thailand, and Ukraine have also been recognised.
• Mo Bus service launched: November 6, 2018
• Aim: transformation of the urban public transport
• Bus fares: Rs 5 -70 (AC), Rs 5 -55 (Non AC)

 State Affairs

3. Gujarat CM launches 17th ‘Shala Praveshotsav’

• Gujarat CM, Bhupendra Patel has launched the 17th ‘Shala Praveshotsav’.
• Aim: To increases the enrollment of students in primary schools in the state.
• This is a three-day enrollment drive, starts from Memadpur primary school in Vadgam taluka (Banaskantha district).
• This drive helps to reduce the dropout rate of students.
• The drop out rate has been reduced to 3.07% from 37.22 % in 2002.
• Gujarat Governor: Acharya Devvrat

 National Affairs

4. Gautam Adani pledges ₹60,000 crore for social causes

• Asia’s richest person, Gautam Adani and his family have pledged to donate ₹60,000 crore to a range of social causes to celebrate the 60th birthday of Gautam Adani on June 24.
• This will be administered by the Adani Foundation, it is also to mark the birth centenary year of his father Shantilal Adani.
• As per the Bloomberg Billionaires Index, the net worth of Adani is almost $92 billion.
• The Forbes real-time billionaires has placed him at 6th rank ($95 billion).

 National & International Appointments

5. Ranjit Bajaj appointed as Chairman of Advisory Panel Formed by CoA

• The former owner of I-League side Minerva Punjab FC, Ranjit Bajaj, has been appointed as the chairperson of the 12-member committee formed by the Committee of Administrators (CoA).
• The CoA took charge of the AIFF, after the Supreme Court removed the Praful Patel led office bearers for not holding elections on time.
• Aim: To look the day-to-day matters of various departments of the All India Football Federation (AIFF).

 Sports

6. Rumeli Dhar announces retirement from international cricket

• The India seam-bowling all rounder, Rumeli Dhar has announced her retirement from international cricket at 38.
• She has played her last international match in the tri-nation women's T20I series between India, Australia and England at Brabourne (2018).
• She has been featured in four Tests, 78 ODIs, and 18 T20Is.
• She has scored 1328 runs and took 84 wickets across formats.
• She was also the part of the 2005 World Cup final, South Africa, India lost to Australia by 98 runs.

 National & International Appointments

7. NDB appoints Dr D J Pandian as head of Indian Regional Office, Gift city

• Former bureaucrat, Dr D J Pandian has been appointed as the Director-General of New Development Bank (NDB), India Regional Office in Gujarat International Finance Tec-City (GIFT City).
• In May 2022, the NDB had announced to set up IRO in the Gift city.
• The NDB has also approved 20 projects in India worth of USD 7.2. billion.
• The IRO will support the effective and efficient implementation of these projects and work closely with Project Implementation Agencies.

 National Affairs

8. Indian Oil reveals ‘Surya Nutan’, an indoor solar cooking stove

• Indian Oil Corporation (IOC) has unveiled a stationary, rechargeable cooking stove named Surya Nutan.
• It is a kitchen connected cooking stove that uses the sun's energy to cook food.
• This was developed by IOC's research and development division at Faridabad.
• It captures solar energy through a PV panel that placed outdoor or on the roof.
• The cost of base model is ₹12,000, while the top model will cost ₹23,000.

 Banking & Finance

9. AU Small Finance Bank launches customisable credit card

• AU Small Finance Bank has launched customised Credit Card product named AU Bank LIT (Live-It-Today).
• This credit card offers a unique value proposition to cardholders.
• Cardholders can choose the features and time period according to their wish.
• Through the AU0101 app, cardholders can track their saving/earnings daily to maximize their benefits.
• Cardholders can get the best of both Cashbacks and Reward Points by using the features.

 Banking & Finance

10. Liberty General Insurance partners Peerless Financial Products Distribution

• Liberty General Insurance has signed an agreement with Peerless Financial Products Distribution Ltd (PFPDL) to enable the distribution of Liberty’s retail and commercial line of products.
• The product distribution across the country will be done through the 42 branches of Peerless.
• Liberty is working closely with PFPDL to provide training and operational expertise.
• Liberty General Insurance HQ: Mumbai; CEO: Roopam Asthana 

 Banking & Finance

11. Karnataka Bank launches 'V-CIP' for account opening

• Karnataka Bank has launched ‘Video-based Customer Identification Process (V-CIP)’.
• It is an online savings bank (SB) account opening facility.
• This facility will enable in the corporate website of the bank, strengthen the prospective customers to open an SB account through online process and complete KYC verification through a video call.
• This is a end-to-end paperless digital process.
• It also reduces the turnaround time of account opening.

 Banking & Finance

12. World Banka approved Uttarakhand project to boost rain-fed agriculture

• Rain-fed agriculture in the steep areas of Uttarakhand has been approved by the World Bank.
• The project will cost Rs. 1,000 crore.
• The watershed department will carry out the Uttarakhand Climate Responsive Rain-fed Farming Project.
• Aims: Lower the greenhouse gas emissions.
• It will also encourage environment friendly agricultural practices.
• Uttarakhand Governor: Gurmit Singh; Chief minister: Pushkar Singh Dhami

 International Affairs

13. India recognized as 'country of the year' by Europe's Vivatech

• The Europe's biggest start-up conference, Vivatech 2020 has recognized India as the "country of the year."
• The country has been recognised with this honour, due to the global contribution of Indian start-ups.
• The start-up ecosystem of India is growing rapidly and has over 100 unicorns.
• India has participated in Vivatech is to showcase Indian start-ups are solving global problems and innovating for the world.