Daily GK Update: 24th June 2022

By Neha Bisarya|Updated : June 24th, 2022

 Summits & Conferences

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

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  • 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
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 Honours & Awards

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

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  • 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)
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 State Affairs

3. Gujarat CM launches 17th ‘Shala Praveshotsav’

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  • 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
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 National Affairs

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

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  • 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).
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 National & International Appointments

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

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  • 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).
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 Sports

6. Rumeli Dhar announces retirement from international cricket

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  • 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.
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 National & International Appointments

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

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  • 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.
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 National Affairs

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

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  • 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.
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 Banking & Finance

9. AU Small Finance Bank launches customisable credit card

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  • 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.
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 Banking & Finance

10. Liberty General Insurance partners Peerless Financial Products Distribution

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  • 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 
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 Banking & Finance

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

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  • 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.
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 Banking & Finance

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

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  • 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
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 International Affairs

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

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  • 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.
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Daily GK Update: 24th June 2022

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