Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 16 July 2022, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.
Current Affairs for Competitive Exam – 16 July 2022
Government sets up committee to develop framework on right to repair
The Department of Consumer Affairs has set up a committee in developing a framework for the ‘Right to Repair’.
The committee will be chaired by Nidhi Khare (Additional Secretary of the Department of Consumer Affairs).
Aim: To empower consumers and product buyers in the local market, and harmonize trade between the original equipment manufacturers and the third-party buyers and sellers. Countries like the U.S.A, U.K, and European Union have already recognized the Right to Repair.
Former Union Bank CEO, G Rajkiran Rai selected as MD of NaBF
Former CEO of Union Bank, G Rajkiran Rai has been recommended by the Financial Services Institutions Bureau (FSIB) as Managing Director at the National Bank for Financing Infrastructure and Development (NaBFID).
He served as the MD & CEO of Union Bank of India for five years, till the date of his superannuation in May 2022. FSIB was incorporated on July 1, 2022. The erstwhile Banks Board Bureau (BBB) was revamped into FSIB with certain amendments in its mandate.
Infosys acquires BASE life science for €110 million
Infosys has signed an agreement to acquire life sciences consulting and tech firm BASE life science for up to $€ 110$ million in an all cash deal.
The BASE life science brings Infosys domain experts commercial, medical, digital marketing, and clinical. It will also help to deepen the life sciences domain capabilities and strengthen its footprint across Europe. The BASE collaborates with software technology providers such as Veeva, IQVIA, and Salesforce.
Agnikul Cosmos inaugurates factory for 3D printing rocket engines
Agnikul Cosmos (Chennai-based space-tech start-up) has opened its Rocket Factory-1, India’s first-ever rocket facility dedicated to 3D printed rocket engines at scale.
The facility at IIT Madras Research Park was unveiled by N Chandrasekaran, Chairman, TATA Sons with ISRO Chairman S Somanath being the Guest of Honour. The IIT Madras incubated start-up became the first Indian company to sign an agreement with the Indian Space Research Organisation in December 2020.
SBI General Insurance partners with nurture.farm and Future Generali
Agri-tech startup nurture.farm has partnered with the SBI General Insurance and Future Generali India Insurance Company to expand its insurance solutions for farmers. nurture.farm is an open digital platform for growers, farming communities and food systems.
The company had recently received a corporate agency licence from IRDAI to enable nurture.farm, to help farmers access innovative insurance solutions at cost-effective price points.
UIDAI launches a new mobile app, ‘AadhaarFaceRd’
UIDAI has launched a new mobile app named “AadhaarFaceRd”.
Aim: To perform face authentication through mobile app from anywhere and at any time.
Through this verification, an Aadhaar holder’s real identity is validated and recorded in the databases of UIDAI which was captured at the time of Aadhaar enrolment. Aadhaar Face Authentication technology has been developed inhouse by UIDAI. Benefits of Aadhaar FaceRD: Jeevan Pramaan, Ration Distribution (PDS).
Maharashtra Gov presents Mother Teresa Memorial Award to Dia Mirza & Afroz Shah
Maharashtra Governor Bhagat Singh Koshyari presented the Mother Teresa Memorial Award for 2021 to actor and UN Goodwill Ambassador for Environment Dia Mirza and ‘UN Champion of the Earth’ awardee Afroz Shah at Raj Bhavan Mumbai on Tuesday. The award is given by the Governor of Maharashtra Hon. Bhagat Singh Koshyari at Raj Bhavan, Mumbai. Both were awarded for their commendable and notable achievements in Environmental Sustainability.
Key points:
Ms Dia Mirza was awarded for her astounding and notable efforts in leading pivotal environmental campaigns across India as the Goodwill Ambassador of UNEP, India. Mr Afroz Shah was awarded for his impeccable and seminal efforts to lead one of the world’s largest beach clean-up movements in India that have inspired people around the world.
About the Mother Teresa Memorial Awards:
Harmony Foundation hosts the Mother Teresa Memorial Awards for Social Justice. This is a platform to acknowledge and recognize the extraordinary work of individuals or organizations who aim to promote peace, harmony and social justice.
India’s first Monkeypox case reported in Kerala
India reported its first monkeypox case on Thursday with the samples of a 35-year-old man which were sent to the National Virology Institute in Pune testing positive for the disease. The man, who is currently admitted to the medical college hospital in Thiruvananthapuram, arrived in Kerala from the UAE a few days ago. His samples were sent to National Virology Institute in Pune which confirmed the disease. It was first found in monkeys in 1958.
According to the WHO, monkeypox is a viral zoonosis (a virus transmitted to humans from animals) with symptoms similar to those seen in the past in smallpox patients, although it is clinically less severe. It is usually a self-limited disease with symptoms lasting two to four weeks.
About Monkeypox:
Monkeypox is a viral zoonotic disease with symptoms similar to smallpox, although with less clinical severity. The virus is transmitted through close contact with another infected person or animal and spreads from lesions, body fluids, respiratory droplets and contaminated materials such as bedding.
The symptoms can include fever, headache, muscle ache and backache, swollen lymph nodes, chills, exhaustion, and rashes that can look like pimples or blisters on the face, inside the mouth and other parts of the body. As infection turns acute, red lesions will appear on the body and the itching-like chicken pox is triggered. The incubation period ranges from five to 21 days.
Paper Import Monitoring System to come into effect from 1 October
Paper Import Monitoring System will come into effect from 1st October 2022, an importer need to provide advance information online about the import of papers and obtain a registration number.
It is applicable on import by a Domestic Territory Area unit on a wide range of paper products covering 201 tariff lines, such as newsprint, handmade paper, tissue paper, toilet paper and cartons. The automatic registration number shall remain valid for a period of 75 days.
Nasscom partnered with Google for DigiVaani Call Center
Nasscom Foundation has joined hands with Google to set up a call centre named “DigiVaani Call Center”, in collaboration with a not-for-profit body Indian Society of Agribusiness Professionals (ISAP).
Aim: To help women farmers scale up their business.
This pilot project is being conducted in six states — Himachal Pradesh, Uttarakhand, Uttar Pradesh, Bihar, Haryana and Rajasthan.
Nasscom Chairperson: Krishnan Ramanujam
World Youth Skills Day 2022 celebrates globally
In 2014, the United Nations General Assembly declared 15 July as World Youth Skills Day, to celebrate the strategic importance of equipping young people with skills for employment, decent work and entrepreneurship. Since then, World Youth Skills Day has provided a unique opportunity for dialogue between young people, technical and vocational education and training (TVET) institutions, firms, employers’ and workers’ organizations, policy-makers and development partners. This day is meant to commemorate, acknowledge and celebrate the importance of equipping young people with skills for employment and entrepreneurship.
World Youth Skills Day 2022: Theme
Every year, World Youth Skills Day is marked with a certain theme set by the United Nations. The theme for 2022 is ‘Transforming youth skills for the future’.
World Youth Skills Day: History
In 2014, the United Nations General Assembly declared 15 July as World Youth Skills Day, to celebrate the strategic importance of equipping young people with skills for employment, decent work and entrepreneurship. Since then, World Youth Skills Day has provided a unique opportunity for dialogue between young people, technical and vocational education and training (TVET) institutions, firms, employers’ and workers’ organizations, policy-makers and development partners.
