Daily GK Update: 3rd August 2022

By Neha Bisarya|Updated : August 3rd, 2022

 National & International Appointments

1. World Bank appoints Auguste Tano Kouamé as country director for India

byjusexamprep

  • The World Bank has appointed Auguste Tano Kouamé as the country director for India.
  • He succeeded Junaid Kamal Ahmad (Bangladeshi economist), who has recently completed his term of five-year.
  • He recently served as the country director of  World Bank for Turkey.
  • Earlier, he worked as the director of the department of human development and economic management in the World Bank Group’s Independent Evaluation Group (IEG).
  • World Bank's Chief Economist: Indermit Gill 
Read Full News >>

 Agreement

2. Indian Oil, NTCA sign MoU for transcontinental relocation of ‘cheetah'

byjusexamprep

  • Indian Oil has signed an MoU with National Tiger Conservation Authority (NTCA) for transcontinental relocation of ‘Cheetah’ in its historical range in India.
  • Indian Oil will also contribute Rs.50.22 crore in 4 years for the Cheetah re-introduction project.
  • Indian Oil becomes the first corporate, that has come forward to support the “Project Cheetah” under CSR.
  • It is a national project involving NTCA (Nodal Agency), Govt. of India and Madhya Pradesh.
Read Full News >>

 Agreement

3. India and Maldives sign six agreements to strengthen ties in key areas

byjusexamprep

  • During the four-day visit of Maldives president, Ibrahim Solih, India has inked six agreements to expand cooperation in several key areas.
  • Six agreements were exchanged in areas including cyber security, disaster management, and infrastructure.
  • PM Modi has also announced Line of Credit of USD 100 million to Maldives for the completion of development projects on time.
  • Both leaders have also embrace the launch of the Greater Male Connectivity Project funded by India.
Read Full News >>

 Sports

4. India's Women's team win first ever Gold medal in Lawn Bowls at 2022 CWG

byjusexamprep

  • India's women team has clinched first ever gold medal in the lawn bowls after defeating South Africa by 17-10 in the finals.
  • Women team Lawn bowl include: Nayanmoni Saikia, Pinki, Lovely Choubey and Rupa Rani Tirkey.
  • Other Highlights of 2022 CWG:
    • The Men's Table Tennis team clinched gold medal after defeating Singapore.
    • Weightlifter, Vikas Thakur won the silver medal in men's 96-kilogram category.
    • India's mixed badminton team settled for a silver medal. 
Read Full News >>

 National & International Appointments

5. Noise appoints Vaani Kapoor as brand ambassador for new smartwatch range

byjusexamprep

  • Nexxbase-owned Noise has roped in actor Vaani Kapoor as the brand ambassador of its upcoming smartwatch, X-Fit 2 series with the release of the #KeepGoing campaign.
  • Last year, the company had announced partnership with HRX, a fitness brand jointly owned by Hrithik Roshan and Exceed Entertainment.
  • India’s wearables market saw double-digit growth in Q1 2022 with products crossing 13.9 million units, according to the nternational Data Corporation India.
Read Full News >>

 Banking & Finance

6. Irdai revised the anti-money laundering rules for insurance companies

byjusexamprep

  • The IRDAI has revised the guidelines on the anti-money laundering rules and counter financing of terrorism programme for insurance companies.
  • The rules issued to consolidate and update guidelines replace the assorted norms issued since 2013.
  • No life, general, or health insurer can claim any relaxations to comply with the money-laundering rules, with effect from Nov 1, 2022.
  • IRDAI HQs: Hyderabad; Chairperson: Debasish Panda
Read Full News >>

 National & International Appointments

7. DG of SSB, Dr. Sujoy Lal Thaosen assumes additional charge of ITBP

byjusexamprep

  • Dr. Sujoy Lal Thaosen, Director General of Sashastra Seema Bal has assumed as the additional charge of Director General of Indo-Tibetan Border Police in New Delhi.
  • He is an IPS Officer of the 1988 batch, Madhya Pradesh Cadre.
  • He has taken charge from Sanjay Arora, who has recently appointed as the Police Commissioner of Delhi Police.
  • ITBP:
    • It was founded in 1962.
    • Headquarters: New Delhi
    • Motto: Shaurya – Dridhata – Karm Nishtha
Read Full News >>

 Defense

8. Point 5140 at Drass in Kargil Sector named as 'Gun Hill'

byjusexamprep

  • To commemorate the victory of the Indian Armed forces during the Kargil War, the Point 5140 at Drass in Kargil Sector was renamed as 'Gun Hill'.
  • The Regiment of Artillery, with lethal and accurate firepower, was able to have a telling effect on the enemy troops and their defences.
  • On July 26, 1999, the Indian Army announced the success of ‘Operation Vijay’.
  • Kargil Vijay Diwas observed annually on 26 July.
Read Full News >>

 National & International Appointments

9. Satyendra Prakash takes charge as principal director general of PIB

byjusexamprep

  • Satyendra Prakash has been appointed as the principal director general of Press Information Bureau (PIB).
  • Earlier, he served a the principal DG of Central Bureau of Communication (HQ: New Delhi).
  • He has a wide range of experience in the field of public communication, media management, administration, policy formulation and programme implementation.
  • He has also represented India in various national and international forums.
  • PIB Formed: 1919; Headquarters: New Delhi
Read Full News >>

 Banking & Finance

10. SIDBI joins hands with SVC Bank for empowering MSMES

byjusexamprep

  • SVC Co-operative Bank Ltd and Small Industries Development Bank in India (SIDBI) have entered into a partnership for empowering MSMEs.
  • According to the agreement, SIDBI will extend refinance facility to SVC Bank to facilitate an improved flow of credit to MSMEs.
  • The agreement was signed by Ashish Singhal (MD, SVC Bank) and Sanjeev Gupta (GM, SIDBI) in Mumbai.
  • SIDBI is the Principal Financial Institution for Promotion, Financing and Development of the MSME sector.
Read Full News >>

 State Affairs

11. Assam CM launches digital issuance of caste certificates for students

byjusexamprep

  • Assam CM, Himanta Biswa Sarma has launched 'Mission Bhumiputra', a digital way to issue digitalised caste certificates to students.
  • He has also inaugurated a Bhumiputra Portal at a programme held at Srimanta Sankardev Kalakshetra.
  • This initiative was implemented by the Departments of Tribal Affairs (Plain) and Social Justice Empowerment.
  • The certificates issued will be available in the digi locker under the IT Act with digital signature of the respective DC. 
Read Full News >>

 National Affairs

12. Air India allows pilots to fly till 65 yrs

byjusexamprep

  • To meet the workforce requirements, the Tata Group-owned Air India (AI) has raised the retirement age of pilots to 65.
  • Earlier, the age of retirement of AI pilots was 58, but now post-retirement age on a contractual basis for 5 years extendable to 65 years.
  • DGCA has also allowed pilots to fly till the age of 65 years.
  • According to AI's new policy, a panel will be constituted to examine the eligibility of pilots retiring in the next two years. 
Read Full News >>

 Banking & Finance

13. Union Bank of India launches Union Prerna 2.0 - EmpowerHim

byjusexamprep

  • Union Bank of India has launched first ever, men-focused Committee 'EmpowerHim' as part of its flagship HR initiative 'Prerna'.
  • Aim: To promote the employees' career trajectory and improve diversity in the Bank by picking out and resolving individual as well as common existing challenges.
  • This Committee will complement the women focused; EmpowerHer Committee launched by the bank earlier in July 2022.
  • MD&CEO, Union Bank of India: A Manimekhalai
Read Full News >>
Daily GK Update: 3rd August 2022

Comments

write a comment

PO, Clerk, SO, Insurance

BankingIBPS POIBPS ClerkSBI POIBPS SOSBI ClerkRBIIDBI SORRBLICESICNainital BankOtherQuick LinkMock Test

Follow us for latest updates