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 11 & 12 September 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 – 11 & 12 September 2022
Himalaya Diwas 2022: Know Theme, History and Significance
Himalaya Diwas 2022: Know Theme, History and Significance:-The National Mission for Clean Ganga organized Himalayan Diwas on September 09, in association with Naula Foundation. The day is celebrated with an aim to preserve the Himalayan ecosystem and region.
September 2022 Current Affairs Quiz
This day is celebrated to mark the importance of the Himalayas. The Himalayan hill cities face many challenges due to poor building planning and design, poor infrastructures like toads, water supply, sewage etc. and unprecedented felling of trees.
Himalaya Day 2022 was observed under the theme ‘Himalayas will be safe only when the interests of its residents are protected.
A book title “Forging Mettle : Nrupender Rao and the Pennar Story” by Pavan C. Lall
A book title “Forging Mettle : Nrupender Rao and the Pennar Story” by Pavan C. Lall: A senior journalist Pavan C Lall has authored a new book ‘Forging Mettle: Nrupender Rao and the Pennar Story’, which is set to be released in September 2022. The book will be published by HarperCollins Publishers India.
September 2022 Current Affairs Quiz
The book is focused on how a business is built into a large organisation on the foundations of values and sustainability. Forging Mettle is a story of Nrupender Rao, Chairman of the Board at Pennar Industries Limited and his entrepreneurial journey.
The story gives a unique philosophy for a company, recommended to striving entrepreneurs to understand how to construct a principled and ethical institution. It’s also the story of how a business built with ethics and social and environmental concern at the core of its values can indeed be profitable and sustainable.
Australia Captain Aaron Finch to Retire from ODI Cricket
Australia Captain Aaron Finch to Retire from ODI Cricket: Aaron Finch, Australia’s captain announced his retirement from one-day international cricket after Australia’s third and final ODI against New Zealand.
September 2022 Current Affairs Quiz
Finch will continue to be the captain of the Australian cricket team for T20 and will lead it in defense of its world title in the T20 World Cup which is going to be held in October and November in Australia.
Finch is known as one of the most damaging opening batters in the world, Finch has scored 5,401 runs in the ODI format with an average of close to 40, and 17 centuries.
Fortune India Rich List 2022: Gautam Adani India’s richest man
Fortune India Rich List 2022: Gautam Adani India’s richest man: According to Fortune India’s list of ‘India’s Richest’ for 2022, the wealth of 142 billionaires based in India is collectively worth USD 832 billion (Rs 66.36 trillion). The maiden list, made in collaboration with the wealth management firm, Waterfield Advisors, is primarily based on the wealth of entrepreneurs of listed firms.
September 2022 Current Affairs Quiz
According to Forbes realtime billionaires list, Asia’s richest man Gautam Adani has overtaken Amazon founder Jeff Bezos to become the 3rd richest person in the world. He became India’s richest man with a net worth of USD 129.16 billion (Rs. 10.29 trillion)
Meanwhile, Reliance Industries chairman Mukesh Ambani’s net worth stands at USD 94 billion becoming the 8th richest in the world and the 2nd richest in India.
RBI imposes fine on three entities for failing to comply
RBI imposes fine on three entities for failing to comply: The Reserve Bank of India (RBI) imposes fine on three entities: Three organisations, including Industrial Bank of Korea, have received fines from the Reserve Bank for breaking regulations.
September 2022 Current Affairs Quiz
The Reserve bank of India announced that Industrial Bank of Korea has been fined Rs 36 lakh for failing to follow several Know Your Customer (KYC) guidelines.
Woori Bank was fined Rs 59.10 lakh for failing to follow RBI guidelines regarding the “Creation of a Central Repository of Large Common Exposures – Across Banks.”
Indiabulls Commercial Credit Limited, New Delhi, has been fined Rs. 12.35 lakh for failing to follow some KYC directives.
The Reserve Bank did emphasise that the purpose of penalties is not to judge the legality of any transaction or arrangement entered into by the firms with their clients but rather to reflect weaknesses in regulatory compliance.
Static/Current Takeaways Important For All Exam 2022:
- Woori Bank Chairman: Yo Hwan Shin
- Indiabulls Commercial Credit Limited Chairman: Mr. Ajit Kumar Mittal
- RBI Governor: Shaktikanta Das
Lord’s Mark Insurance receives direct insurance broker’s licence by IRDAI
Lord’s Mark Insurance receives direct insurance broker’s licence by IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) has given Lord’s Mark Insurance Brokerage Private Limited, the insurance division of Lord’s Mark Industries, a direct insurance broking licence to market life and general insurance products. With this direct broking licence, Lord’s Mark Insurance Industries lays the groundwork for its entry into the insurance sector.
September 2022 Current Affairs Quiz
Insurance from Lord’s Mark Insurance In order to formalise relationships for the launch of life and general insurance products on its Policy King platform, broking is already in talks with a few top insurance providers.
Vehicle Dispatches Rise 21% As Chip Supply Improves
Vehicle Dispatches Rise 21% As Chip Supply Improves: Passenger vehicle wholesales in India witnessed a 21 per cent annual growth in August, riding on improved supplies of semiconductors and festive demand, according to the Society of Indian Automobile Manufacturers.
September 2022 Current Affairs Quiz
As per the latest data released by industry body Society of Indian Automobile Manufacturers (SIAM), passenger vehicle (PV) dispatches to dealers stood at 2,81,210 units last month, against 2,32,224 units in August 2021. Passenger car wholesales were up 23 per cent at 1,33,477 units last month, as against 1,08,508 units in the year-ago period, SIAM said.
Chinese Economy Is In Real Trouble
Chinese Economy Is In Real Trouble : As growth in major global economies slows as a result of high inflation, exacerbated by the Ukraine war, many economists are hoping that China will again come to the world’s rescue.
September 2022 Current Affairs Quiz
But this is not 2008, when China’s then rapidly expanding economy and a huge stimulus unleashed by the Beijing government, helped Western countries to recover much faster from the financial crisis.
This time, China’s economic woes run deep. The government has all but given up on this year’s target of 5.5% GDP growth and Premier Li Keqiang warned last month there was little appetite right now for more expansionary policymaking.
Bihar CM inaugurated India’s longest rubber dam on Falgu River
Bihar CM inaugurated India’s longest rubber dam on Falgu River: Bihar Chief Minister, Nitish Kumar has inaugurated India’s longest rubber dam ‘Gayaji Dam’ on the Falgu River in Gaya. The dam has been built at an estimated cost of Rs 324 crore. Experts from IIT (Roorkee) were involved with the project.
September 2022 Current Affairs Quiz
There will be enough water in the dam round the year for the convenience of pilgrims. With its construction, now at least two feet of water will be available in the Falgu River near Vishnupad Ghat throughout the year for the devotees who come here to do Pind Daan.
Static/Current Takeaways Important For All Exam 2022:
- Bihar Capital: Patna;
- Bihar Chief Minister: Nitish Kumar;
- Bihar Governor: Phagu Chauhan.
SETU programme introduced in the US by Piyush Goyal
SETU programme introduced in the US by Piyush Goyal: To connect entrepreneurs in India with US-based investors, the commerce and industry minister Piyush Goyal has created a programme called SETU (Supporting Entrepreneurs in Transformation and Upskilling).The Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal launched the US Startup SETU – Supporting Entrepreneurs in Transformation and Upskilling programme in the Bay Area of San Francisco. The initiative would connect start-ups in India to US-based investors and start-up ecosystem leaders with mentorship and assistance in various areas including funding, market access and commercialization.
September 2022 Current Affairs Quiz
SETU programme: Key Points
The meeting’s main topics were how to promote domestic incorporation and successful diaspora residents of the San Francisco Bay Area’s mentorship of early-stage Indian firms. The project would provide mentorship and support in a number of areas, including funding, market access, and commercialization, by connecting businesses in India to investors and startup ecosystem leaders in the US.
Through the mentorship site created by the Startup India initiative’s MAARG (Mentorship, Advisory, Assistance, Resilience and Growth) programme, an all-in-one resource for Indian businesses, the interaction between the stakeholders would be facilitated. According to estimates, more than half of well-funded businesses and over 90% of all startups fail during their initial stages. Lack of company management experience is a major problem, and entrepreneurs need the correct advice for making decisions as well as moral support. Mentors from all around the world are encouraged to apply to MAARG. Over 200 mentors from all over the world have joined MAARG as of this writing.
North Korea passes law authorising nuclear strikes as form of defence
North Korea passes law authorising nuclear strikes as form of defence: North Korea passed a law Thursday allowing the country to use preemptive nuclear strikes, a move that Kim Jon-un said was “irreversible.” North Korea, this year tested a record number of weapons, including an intercontinental ballistic missile. “The utmost significance of legislating nuclear weapons policy is to draw an irretrievable line so that there can be no bargaining over our nuclear weapons,” Kim said in a speech to the assembly, according to Reuters. North Korea would never give up nuclear weapons, even if they faced 100 years of sanctions, he added.
September 2022 Current Affairs Quiz
North Korea passes law regarding Nuclear Strikes: Key Points
- According to the law, among other things, the North may use nuclear weapons in the event of a nuclear or non-nuclear attack by hostile forces against the state’s leadership and the command structure of its nuclear forces.
- Since 2019, discussions on sanctions relief and what Pyongyang would be ready to give up in exchange have stalled nuclear negotiations and diplomacy between Washington and Pyongyang.
Railway’s Revenue Up 38 % to Rs 95,486.58 Cr
Railway’s Revenue Up 38 % to Rs 95,486.58 Cr: The overall revenue of Indian Railways at the end of August 2022 was Rs 95,486.58 crore, showing an increase of Rs 26,271.29 crore or 38 per cent over the corresponding period of last year, an official statement said on Sunday. The revenue from passenger traffic was Rs 25,276.54 crore, an increase of Rs 13,574.44 crore (116 per cent) year-on-year.
September 2022 Current Affairs Quiz
What The Data Is Showing:
As per the data, Passenger traffic also increased compared to last year in both the segments, reserved as well as unreserved. The growth from the long distance reserved mail express trains has been sharper than the same in passenger & suburban trains. The other coaching revenue was Rs. 2437.42 cr, showing an increase of Rs.811.82 cr (50%) over the corresponding period of last year, the rail Mistry data showed.
Growth Is Attributed To:
Goods revenue climbed by Rs 10,780.03 crore (or 20 per cent) to Rs 65,505.02 crore till August-end this year.This has been achieved through incremental loading of more than 58 MT and 18% growth in the NTKMs during the period. Food grains, fertilizer, cement, mineral oil, container traffic and Balance other goods segments have been important contributors in this growth, in addition to the coal transportation. The sundry revenue was Rs 2,267.60 crore, showing an increase of Rs 1105 crore or 95 per cent over the corresponding period of last year, it added.
