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 25 August 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 – 25 August 2022
Credit Suisse appoints Dixit Joshi as new CFO
Credit Suisse has appointed Dixit Joshi as chief financial officer with effect from October 1, 2022 and Francesca McDonagh as group chief operating officer from September 19, 2022.
Prior to this, Dixit Joshi was group treasurer at Deutsche Bank and also worked at Credit Suisse from 1995 to 2003. He replaced David Mathers, who stepped down from the post.
Credit Suisse CEO: Ulrich Körner;
HQ: Zürich, Switzerland.
IIT Guwahati developed new method to produce sugar substitute
IIT Guwahati researchers have developed a new method, ultrasound-assisted fermentation, to produce a safe sugar substitute called ‘Xylitol’ from sugarcane waste.
Xylitol is a sugar alcohol derived from natural products. It has potential antidiabetic and anti-obesogenic effects and is a mild prebiotic and protects teeth against caries. The research team was led by Professor VS Moholkar. Other team members: Dr. Belachew Zegale Tizazu and Dr. Kuldeep Roy.
Godrej Agrovet signs MoU with Assam, Manipur and Tripura for Oil palm
Godrej Agrovet has signed an MoU with Assam, Manipur and Tripura governments for the development and promotion of oil palm cultivation.
Godrej Agrovet would be allotted land across the three states for the promotion and development of sustainable palm oil plantations in the region under the National Mission on Edible Oils-Oil Palm (NMEO-OP) scheme. Godrej Agrovet is a diversified food and agri conglomerate. India is one of the world’s biggest importer of edible oils.
Govt amends rules for benefits to SC judges
The Centre govt has amended SC Judges (Salaries and Conditions of Service) Act, 1958 for providing additional post-retirement benefits to retired Chief Justices and SC judges.
Those judges, who retire from SC will be entitled to a rent free Type-VII accommodation at Delhi (other than the designated official residence) for a period of 6 months from the date of retirement. The retired SC CJI and judges will get a chauffeur and secretarial assistant for 1 year.
Adani Group acquires 29.18% in NDTV
AMG Media Networks Limited (AMNL), a subsidiary of Adani Group has indirectly acquired a 29.18% stake in media and news broadcaster New Delhi Television (NDTV).
AMG Media Networks (AMN) would acquire 29.18% of NDTV through an investor in the channel, Vishvapradhan Commercial (VCPL). VCPL will have to make an open offer to acquire 26 % of NDTV from public shareholders at Rs 294 apiece, a total cost of around Rs 483 crore.
NDTV Founders: Prannoy Roy, Radhika Roy.
Fahmida Azim wins 2022 Pulitzer prize in Illustrated Reporting category
Fahmida Azim (Bangladesh) has been selected for the 2022 Pulitzer prize under the category of Illustrated Reporting and Commentary.
Presently, she is working for the Insider online magazine of US. She is among the four journalists including Anthony Del Col, Josh Adams and Walt Hickey of Insider, selected for their work on the Chinese oppression of the Uyghurs. Fahmida Azim is an illustrator and story teller. Her work centers on themes of identity, culture and autonomy.
HDFC ERGO launches portal for EV Users to locate charging stations
HDFC ERGO General Insurance Company has launched a portal named ‘All Things EV’ (www.allthingsev.io) for Electric Vehicles (EV).
This is the country’s first one-stop-solution portal that can be used by existing and potential EV users. This portal provides information on nearby charging stations, locations of charging stations.
The platform serves to all Indians who have either purchased EVs or are planning to buy EV or to make an earning out of the booming EV space.
RBL bank appoints Gopal Jain, Sivakumar Gopalan as non-executive directors
The RBL Bank has appointed Gopal Jain and Dr. Sivakumar Gopalan as the non-executive directors.
Gopal Jain: He cofounded Gaja Capital in 2004 and is a Managing Partner at firm.
He has also been a member of Alternative Investment Policy Advisory Committee of SEBI since 2018. Dr. Sivakumar Gopalan: He has been a faculty of the Dept of Computer Science and Engineering, IIT Bombay, since 1991. He has served as an Independent Director on the Board of Andhra Bank and NPCI.
DRDO, Indian Navy successfully test fire indigenous VL-SRSAM from Chandipur
India has successfully test-fired Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM) from the Integrated Test Range (ITR), Chandipur off the Odisha coast. The missile was tested by the Defence Research and Development Organisation (DRDO) and the Indian Navy.
This missile is equipped with indigenous radio frequency (RF) seeker, intercepted the target with high accuracy. The missile system has been indigenously designed and developed by DRDO
DRDO HQ: New Delhi
Debasisa Mohanty appointed as director of National Institute of Immunology
Senior scientist, Debasisa Mohanty has been appointed as the director of the National Institute of Immunology (NII). He is currently working as the staff scientist with the institute.
In another order, Revenue Secretary, Tarun Bajaj has been given additional charge as Corporate Affairs Secretary. Rajesh Verma, a 1987-batch IAS officer of Odisha cadre, was appointed as the Secretary to President, Droupadi Murmu.
Health ministry, Edelweiss General Insurance sign for digital health IDs
Digital insurer Edelweiss General Insurance (EGI) has joined hands with the Ministry of Health, government of India, to help create digital health identities for citizens, according to a release. ABHA (Ayushman Bharat Health Account) is a 14-digit number that helps users to share and access their health records digitally with listed healthcare providers.
The National Health Authority (NHA) is the nodal agency for implementing this program under the Ayushman Bharat Digital Mission.
Ministry of Social Justice signs MoU with National Health Authority
Ministry of Social Justice and Empowerment had signed a Memorandum of Understanding (MoU) with National Health Authority (NHA) for providing a Comprehensive Medical Package to Transgender Persons under Ayushman Bharat-PMJAY at Dr. Ambedkar International Centre, New Delhi. MoU was signed by secretary Shri R. Subrahmanyam, Department of Social Justice and Empowerment under the Ministry of Social Justice and Empowerment and Dr. R.S. Sharma Chief executive officer National Health Authority, under the Ministry of Health and family welfare in the presence of Dr. Virendra Kumar, Union Minister of Social Justice and Empowerment and Dr. Mansukh Mandaviya, Union Minister of Health and Family Welfare.
Recently, the Ministry has launched SMILE (Support for Marginalised Individuals for Livelihood and Enterprise) scheme which includes several comprehensive measures for Transgender Community.
