Current Affairs for Competitive Exam by Gkseries –24 & 25 July 2022
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 24 & 25 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 – 24 & 25 July 2022
Canara Bank launches ‘Canara ai1’, a new mobile banking app
Canara Bank has launched a new mobile banking app – Canara ai1, it is available in 11 languages to cater to multiple sections of the society in their preferred language.
Features: Intuitive UI and UX with multiple themes and customised menus which can be personalised as per the user’s choice.
Security features: Device binding, malware detection, detection of remote administration tools and a dynamic keyboard to provide safe and secure banking.
Uttar Pradesh CM launches scheme for cashless medical benefit
Uttar Pradesh CM, Yogi Adityanath has launched a scheme Deen Dayal Upadhyaya State Employees Cashless Medical Scheme.
Aim: To provide cashless medical facility to state government employees, pensioners and their dependents.
The eligible people will receive cashless medical facilities at government-run institutions, medical colleges and hospitals without any financial limit. Also, this facilities up to Rs 5 lakh will be available under the Ayushman Bharat Scheme.
Burhanpur, MP becomes first certified Har Ghar Jal district of the country
Burhanpur, Madhya Pradesh becomes the first certified Har Ghar Jal district in India, where all people have access to safe drinking water through taps. At the time of the launch of Jal Jeevan Mission, the district had only 36.54% households can accessed the potable drinking water through tap connections.
Jal Jeevan Mission:
- Launched: 15th August 2019
- Aim: Supply 55 liters of water per person per day to every rural household through Tap by 2024.
Suriya and Ajay Devgn won the 68th National Film Awards Best Actor award
Actor Suriya (Soorarai Pottru) and Ajay Devgn ( Tanhaji: The Unsung Warrior) have won the 68th National Film Awards 2022 for the best actor. Aparna Balamurali has been named as the best actor in the female category for her film ‘Soorarai Pottru.’
Other awards:
- Best Feature Film: Soorarai Pottru
- Best Director: Sachidanandan KR, Ayyappanum Koshiyum
- Best Feature Film in Hindi: Toolsidas Junior
- Most Film-Friendly State: Madhya Pradesh
- Best Audiography: Dollu (Kannada)
Aaykar Diwas or Income Tax Day celebrated by CBDT on July 24
The Central Board of Direct Taxes (CBDT) observed the 162nd Income Tax Day (also known as Aaykar Diwas) on 24 July 2022.
The purpose of this tax was to compensate for the losses incurred by the British regime during the first war of independence against British Rule in 1857. The day was first celebrated in 2010.
Static/Current Takeaways Important For All Exam 2022:
- Central Board of Direct Taxes chairman: Nitin Gupta;
- Central Board of Direct Taxes Established: 1924;
- Central Board of Direct Taxes Headquarters: New Delhi.
NITI Aayog: India’s R&D expenditures one of the lowest worldwide
According to a report by the government think tank NITI Aayog and the Institute for Competitiveness, India has among of the lowest R&D expenditures worldwide. In fact, R&D spending in India has decreased, falling from 0.8 per cent of GDP in 2008-09 to 0.7 per cent in 2017-18.
According to data, India has a lower GERD than the other BRICS countries. Spending amounts for Brazil, Russia, China, and South Africa are respectively 1.2 per cent, 1.1 per cent, over 2 per cent, and 0.8 per cent. Around 1.8 per cent is the global average.
Kamal Haasan honoured by the UAE, obtains a Golden Visa
Superstar Kamal Haasan received the prestigious Golden Visa from the UAE government on July 21. The actor took to Twitter to thank Emirates officials for granting him the UAE’s Golden Visa. He also shared pictures of the officials handing him the Golden Visa. The Golden Visa has been given to others besides actor Kamal Hasan. Actors Nasser, Mammootty, Mohanlal, Tovino Thomas, Parthiepan, Amala Paul, and Shah Rukh Khan all have received it before Kamal Hasan.
Key Points:
Kamal Haasan was last spotted, in the box office sensation Vikram. The leading actors of Lokesh Kanagaraj’s Vikram include Kamal Haasan, Vijay Sethupathi, and Fahadh Faasil.
Supporting actors included Kalidas Jayaram, Narain, Gayathrie, Vasanthi, and Santhana Bharathi. Raaj Kamal Films International produced the movie, and Udhayanidhi Stalin’s Red Giant Movies distributed it throughout Tamil Nadu.
About UAE Golden Visa:
The UAE Golden Visa is an extended resident visa programme which lasts between five and ten years. The visa is perpetually extended. It is given to high performers in a variety of industries, as well as to professionals, investors, and those with potential skills. The cost of the Golden Visa for those who are currently residents of the UAE ranges from AED 2,800 to AED 3,800. The price of the Golden Visa for applicants outside of the UAE ranges from AED 3,800 to AED 4,800. Cost will vary according to service kind and visa status.
Indian-American professor, Kaushik Rajashekara wins Global Energy Prize
Kaushik Rajashekara, Distinguished Professor of Engineering at the University of Houston has been awarded the most coveted prize in the field of international energy – the Global Energy Prize bestowed by the Global Energy Association. He is an Indian-origin professor of engineering at the University of Houston. Only three people in the world were selected for the honor this year out of a record 119 nominations from 43 countries.
Bajaj Allianz launches Pay As You Consume motor insurance add-on cover
Bajaj Allianz General Insurance has announced the launch of its add-on motor insurance cover, called ‘Pay As You Consume’ (PAYC).
It is a usage-based motor insurance add-on cover, can be opted by the customer along with the basic Own Damage (OD plan) under Package Product, Bundled and Standalone OD cover. Customers can choose coverage based on their vehicle usage, further to which the premium will be calculated, i.e., kilometres driven annually.
Tata Projects appoints Vinayak Pai as managing director
Vinayak Pai has been named as the managing director of TATA Projects, the company announced. Vinayak Deshpande, who had been in charge of operations for more than 11 years, had been replaced by Pai. Pai has worked with top engineering and EPC firms for more than three decades, holding significant positions on teams that worked on engineering design, technology licencing, project management, business development, and operations.
Noted scientist and director ILS, Ajay Parida passes away
Noted scientist and director of the Institute of Life Sciences (ILS), Dr Ajay Kumar Parida has passed away at the age of 58.
He was awarded the Padma Shri Award by the President of India in 2014 for his outstanding contribution in the field of Science and Engineering. He had also served as an Executive Director in M. S. Swaminathan Research Foundation. His research are mainly focused on developing climate resilient crop varieties with abiotic stress tolerance.
RBI approves Open, Cashfree Payments, PayNearby and Fairexpay for Cross-Border Payments
The Reserve Bank of India gave the go-ahead to Open, Cashfree Payments, PayNearby & Fairexpay, providers of payments and API banking solutions, for its cross-border payments offering.
Cross-border payments are the focus of the Reserve Bank of India’s (RBI) announcement about the Second Cohort’s release from the Regulatory Sandbox. The reserve bank chose four of the eight entities that were a part of the Test Phase. These companies include the unicorn of neo banking, Open, as well as Cashfree Payments, PayNearby, and Fairexpay. These entities have all successfully passed the second cohort’s Test Phase.