Daily GK Update: 4th December 2022

By Neha Bisarya|Updated : December 5th, 2022

 Sports

1. Indian Shooter Rudrankksh Patil won ISSF President’s Cup in Egypt

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  • Indian shooter, Rudrankksh Patil (18) has clinched the ISSF President’s Cup held in Cairo, Egypt from 28th Nov to 4th Dec 2022.
  • He has defeated Danilo Sollazzo (Italy) in the 10-metre rifle by 16-8.
  • He had also bagged India's first quota for the 2024 Paris Olympics in October 2022.
  • Olympian, Anjum Moudgil (world No. 4) had secured silver after losing to Anna Janssen (Germany) in the women’s 50m rifle 3 positions final.
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 Sports

2. Saurashtra cricket team wins 2022 Vijay Hazare Trophy

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  • Saurashtra cricket team has defeated Maharashtra cricket team by 5 wickets in the final to win the 2022 Vijay Hazare Trophy at the Narendra Modi Stadium, Ahmedabad, Gujarat.
  • Awards:
    • Player of the match: Sheldon Jackson (Saurashtra ,133 runs in 135 Balls)
    • Player of the tournament: Ruturaj Gaikwad (Maharashtra, Games: 5; Runs: 660)
    • Most Runs: N Jagadeesan (TN): 830runs, 8 innings
    • Highest Score: N Jagadeesan
    • Most Fours: N Jagadeesan
    • Most Sixes: Ruturaj Gaikwad
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 Obituaries

3. Veteran documentarian, Julia Reichert passes away

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  • Veteran documentarian, Julia Reichert, who won an Oscar in 2020 for her feature ‘American Factory,’ has been passed away at the age of 76 due to cancer.
  • She has received four Academy Award nominations and one win, two Primetime Emmys, a Director’s Guild Award and two Peabody Awards nods.
  • Her documentaries including: Union Maids, Seeing Red: Stories of American Communists, and The Last Truck: Closing of a GM Plant.
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 Banking & Finance

4. RBI implements 4 tiered regulatory norms for UCB

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  • RBI has announced a four-tiered regulatory framework for categorisation of Urban Co-operative Banks (UCBs).
  • It is based on size of deposits of the UCBs and came into force with immediate effect.
  • The extant regulatory framework classifies UCBs into two tiers -- Tier I and Tier II.
    • Tier 1: Deposits up to Rs 100 cr
    • Tier 2: More than Rs 100 cr and up to Rs 1,000 cr
    • Tier 3: More than Rs 1,000 cr and up to Rs 10,000 cr
    • Tier 4: More than Rs 10,000 cr
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 Banking & Finance

5. NSE Indices launches new Nifty Bharat Bond Index

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  • NSE Indices (Subsidiary of National Stock Exchange) has launched new Index under the Nifty Bharat Bond Index series.
  • The Bharat Bond Index series follows a target maturity date structure wherein each index in the series measures the performance of a portfolio of 'AAA' rated bonds issued by government owned entities maturing in a specific year.
  • Nifty Bharat Bond Index — April 2033 - has been launched within the Nifty Bharat Bond Index series.
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 Obituaries

6. Veteran Odia, actress Jharana Das passes away

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  • Veteran Odia actress, Jharana Das has been passed away at the age of 77 due to old age-related aliment.
  • She was awarded the state government’s prestigious Jaydev Puraskar for her lifetime contribution to Odia film industry.
  • Her films - Shree Jagannath, Nari, Adinamegha, Hisabnikas, Pujafula, and Heera Nella.
  • She had also worked as a child artist with AIR, Cuttack.
  • She was also honoured with Guru Kelucharan Mohapatra Award for lifetime achievement in 2016.
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 Banking & Finance

7. NPCI extends UPI market cap deadline by 2 years

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  • The National Payments Corporation of India (NPCI) has announced that deadline for Unified Payments Interface (UPI) players to limit to a market cap of 30% has been extended by two years (December 31, 2024).
  • The deadline given by NPCI was of December 31, 2022.
  • In November 2022, the NPCI had proposed a 30% volume cap for third-party app providers (TPAP).
  • Currently, there is no cap on volume of transactions and about 80% share of market hold by the private players.
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 National & International Organizations

8. Pakistan tops list of nations at risk of violence: Report

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  • According to the US think-tank 'Early Warning Project' (EWP) report, For the third time in a row, Pakistan has topped the list of countries at the highest risk of experiencing mass killings.
  • While, Yemen and Myanmar in placed second and third spots respectively in the list.
  • Afghanistan and India were placed in the seventh and eighth spots respectively.
  • Syria and Iraq were placed in the 11th and 12th spots respectively and China was placed 23rd in the list.
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 National Affairs

9. 'Divya Kala Mela' started on Kartavya Path

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  • Union Minister for Social Justice and Empowerment, Dr. Virendra Kumar has inaugurated the Divya Kala Mela in Kartavya Path at India Gate, Delhi
  • The Divya Kala Mela was started on 2nd and will continue till 7th December.
  • Aim: To provide a great platform for the products and craftsmanship of Divyang artisans, craftsmen and artisans from across the country.
  • The four finance corporations under this ministry, NHFDC, NBCFDC, NSFDC and NSKDFC will provide financial assistance
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 Banking & Finance

10. World Bank provide financial aid of USD 250 million to Bangladesh

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  • The World Bank has approved the financial aid of USD 250 million to Bangladesh to strengthen the environment management and promote private sector participation in green investment.
  • Bangladesh Environmental Sustainability and Transformation (BEST) Project will help the country tackle key pollution issues.
  • The project will help to construct four vehicle inspection centres using private-public partnership modality to inspect about 46,000 vehicles annually.
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Daily GK Update: 4th December 2022

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