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Current Affairs for Competitive Exam by Gkseries –22 September 2022

Daily Current Affairs 22 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 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 22 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 – 22 September 2022

Adani group becomes India’s most valued conglomerate

Adani group becomes India's most valued conglomerate

Adani group becomes India’s most valued conglomerate: The Adani group has overtaken the Tata-led conglomerate with an overall market capitalisation of Adani on the BSE at over ₹ 22 lakh crore makes it the most valued in India.

September 2022 Current Affairs Quiz

The combined consolidated revenues and net profit of listed companies of Tata Group were Rs 8.6 trillion and Rs 74,523 crore in FY22 respectively.

Mukesh Ambani’s group of nine companies stood third on the list with a market capitalisation of more than ₹ 17 lakh crore.

CCI approves merger of Jio Cinema OTT with Viacom18 Media

CCI approves merger of Jio Cinema OTT with Viacom18 Media

CCI approves merger of Jio Cinema OTT with Viacom18 Media: CCI has approved the proposed merger of Jio Cinema OTT with Viacom18 Media. Under this, Jio Cinema OTT app of Reliance will be transferred to Viacom18.

September 2022 Current Affairs Quiz

In April 2022, RIL and Viacom18 have announced a strategic partnership with Bodhi Tree Systems (BTS). BTS will invest Rs 13,500 crore in Viacom18 while Reliance Projects & Property Management Services will invest Rs 1,645 crore in the broadcaster. BTS is an investment firm of Uday Shankar (ex-chairman of Star).

Russian cosmonaut, Valery Polyakov passes away

Russian cosmonaut, Valery Polyakov passes away

Russian cosmonaut, Valery Polyakov passes away: Russian cosmonaut, Vladimirovich Polyakov, who holds the record for the longest single stay in space, has been passed away at 80.

September 2022 Current Affairs Quiz

He flew his first mission into space in 1988 and returning in 1989 after eight months. He had lived and worked in space for a record 437 days in one stint, orbiting Earth aboard the Mir space station more than 7,000 times between January 8, 1994 and March 22, 1995.

He undertook two space expeditions during his career (678 days and 16 hours).

SBI Foundation, WWF India join hands for Red Panda conservation

SBI Foundation, WWF India join hands for Red Panda conservation

SBI Foundation, WWF India join hands for Red Panda conservation: SBI Foundation and WWF India have partnered to generate fine-scale information on Red Panda species at a transboundary level and engage with communities in safeguarding them in the Khangchendzonga landscape of Sikkim and West Bengal.

September 2022 Current Affairs Quiz

The event was organised at the Himalayan Zoological Park in Gangtok. International Red Panda Day is celebrated every year on the third Saturday of September to support Red Panda conservation. 

SBI Foundation is the CSR arm of SBI.

World Bank approves $150 million loan to Punjab

World Bank approves $150 million loan to Punjab

World Bank approves $150 million loan to Punjab: Punjab government has received a loan of $150 million (approx Rs 1,200 crore) from the World Bank to help the state better manage its financial resources and improve access to public services.

September 2022 Current Affairs Quiz

Punjab at present has a debt of Rs 2.63 lakh crore. The $150 million loan has a maturity of 15 years including a grace period of 6 months. Punjab government will launch new projects with World Bank’s assistance to attain its development goals.

Punjab CM: Bhagwant Mann.

Odisha to invest Rs 261 crore in livelihood action plan

Odisha to invest Rs 261 crore in livelihood action plan

Odisha to invest Rs 261 crore in livelihood action plan: The Odisha government has approved Rs 261 crore for regeneration of coastal ecosystem and to enhance climate resilience among people living on the coast. The government has decided to implement this livelihood action plan from the current year till 2026-27.

September 2022 Current Affairs Quiz

The main coastal landscapes to be treated under the project and would include areas like Bhitarkanika in Kendrapara district, Bahuda and Chilika in Ganjam district, and Devi Mouth, Chilika in Puri district.

RBI take out Central Bank of India from PCA restrictions

RBI take out Central Bank of India from PCA restrictions

RBI take out Central Bank of India from PCA restrictions: RBI has decided to remove the Central Bank of India from its Prompt Corrective Action Framework (PCAF).

September 2022 Current Affairs Quiz

Reason: Improvement in various financial ratios, including minimum regulatory capital

PCA norms: It is a supervisory tool and is imposed on banks, when they breach certain regulatory thresholds on capital to risk weighted assets ratio, net NPAs, and return on assets. The RBI imposed PCA norms on the bank in June 2017 due to its high net NPA and negative RoA.

AIBD extended India’s Presidency for one more year

AIBD extended India’s Presidency for one more year

AIBD extended India’s Presidency for one more year: India’s Presidency of Asia-pacific Institute of Broadcasting Development (AIBD) has been extended for one more year. The decision was taken unanimously by the AIBD member countries at the two-day General Conference held in New Delhi.

September 2022 Current Affairs Quiz

Currently, CEO of Prasar Bharati and DG of Doordarshan, Mayank Kumar Agrawal is the President of AIBD. The conference was inaugurated by Information and Broadcasting Minister Anurag Singh Thakur. AIBD was established in 1977. 

PM CARES Fund: Govt appoints Industrialist Ratan Tata as Trustee

PM CARES Fund: Govt appoints Industrialist Ratan Tata as Trustee

PM CARES Fund: Govt appoints Industrialist Ratan Tata as Trustee– According to the prime minister’s office, Veteran industrialist Ratan Tata, former Supreme Court judge KT Thomas, and former deputy Lok Sabha speaker Kariya Munda have been nominated as trustees of the PM CARES Fund. Prime Minister Narendra Modi chaired a meeting of the Board of Trustees of the PM CARES Fund, which was attended by Union Home Minister Amit Shah and Union Finance Minister Nirmala Sitharaman.

September 2022 Current Affairs Quiz

Both Shah and Sitharaman are the Trustees of PM Cares Fund. During the meeting, Ratan Tata, Chairman Emeritus, Tata Sons; Justice KT Thomas, former SC judge, and Kariya Munda, former Deputy speaker appointed as the newly nominated trustees of the PM CARES Fund.

As per the PMO:

The trust further decided to nominate other eminent persons for the constitution of the Advisory Board to the PM CARES Fund.

These eminent personalities included: 

Rajiv Mehrishi, Former Comptroller and Auditor General of India; Sudha Murthy, Former Chairperson, Infosys Foundation, and Anand Shah, Co-founder of Teach for India and Former CEO of Indicorps and Piramal Foundation.

World Rose Day (Welfare of Cancer Patients) 2022

World Rose Day (Welfare of Cancer Patients) 2022

World Rose Day (Welfare of Cancer Patients) 2022: World Rose Day, the one dedicated to cancer patients and their caregivers, is observed every year on September 22. It is commemorated in the memory of a bubbly 12-year-old Canadian Cancer victim Melinda Rose who dedicated the last 6 months of her life to bringing joy and hope to cancer patients around her. This day aims to encourage and support those people who are fighting their battle against cancer. The day aims to bring happiness and hope into the lives of such patients and reminds them that they can emerge victorious in their battle against cancer through determination and positivity.

September 2022 Current Affairs Quiz

Significance

On World Rose Day, people offer roses, cards, and gifts to cancer patients and their caregivers, who also play an important role in this difficult journey. As we all know that the fight against cancer is both physical and psychological, and events such as the World Rose Day are important as they give inner strength and motivation to the patients to keep moving forward when the chips are down.

History 

World Rose Day was first observed in honour of 12-year-old cancer patient Melinda Rose from Canada, who died in 1996. According to reports, Rose was diagnosed with Askin’s Tumour in 1994, which is a rare form of blood cancer. While doctors had said that she would only live for a few weeks, Melinda Rose went on to for over three years. The doctors had also given hope on her and said that she has only six weeks more to live but instead of mourning over it she decided to enjoy the last moments of her life with full joy and enthusiasm and like this she on lived for six months until she passed away.

RBI Governor Launches 3 key Gigital Payment Initiatives at Global Fintech Fest 2022

RBI Governor Launches 3 key Gigital Payment Initiatives at Global Fintech Fest 2022

RBI Governor Launches 3 key Gigital Payment Initiatives at Global Fintech Fest 2022: Reserve Bank of India (RBI) Governor Shaktikanta Das, in the presence of Nandan Nilekani, Chairman Infosys and Advisor to NPCI; and Biswamohan Mahapatra, Chairman National Payments Corporation of India (NPCI), on Tuesday launched three key initiatives during the Global Fintech Fest 2022 — RuPay Credit Card on UPI, UPI LITE, and Bharat BillPay Cross-Border Bill Payments.

September 2022 Current Affairs Quiz

Their Usage:

UPI Lite will provide users with a convenient solution for faster and simpler low-value transactions, the National Payments Corp Of India (NPCI) said in a statement. Currently, India has been using the Unified Payments Interface (UPI) for low-value payments with 50 per cent of transactions through UPI below ₹200.

HOW UPI LITE WORK:

Transactions in near-offline mode

Now that UPI Lite on BHIM App will be enabled, the users will be able to make small-value transactions in a near-offline mode. The launch of the UPI Lite will reduce the debit load on the core banking system, thereby improving the success rate of transactions further, enhancing the user experience, and taking us one step closer to processing a billion transactions a day on the UPI platform.

Total limit on UPI Lite:

The upper limit of a payment transaction will be Rs 200 while the total limit of UPI Lite balance for an on-device wallet will be Rs 2,000 at any point in time. Eight banks are live with the feature including Canara Bank, HDFC Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank, State Bank of India Union Bank of India and Utkarsh Small Finance Bank.

Other Benefits:

RuPay Credit Card on UPI and Bharat BillPay Cross-Border Bill Payments were also launched that are likely to make bill payments easier for people residing out of India but also maintaining a house in India.

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