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Current Affairs for Competitive Exam by Gkseries –3 September 2022

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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 3 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 – 3 September 2022

Meghalaya CM launches ‘Rural Backyard Piggery Scheme’ for farmers’ welfare

Meghalaya CM launches 'Rural Backyard Piggery Scheme' for farmers' welfare

Meghalaya CM, Conrad K Sangma has launched “Rural Backyard Piggery Scheme” with an aim to ensure that the farmers earn a sustainable livelihood through different livestock farming activities.

Launching the ambitious flagship programme for the farmers – “Rural Backyard Piggery Scheme” under National Livestock Mission at Byrnihat in Ri-Bhoi district, the Chief Minister said that the government through different welfare schemes is successfully providing income generation opportunities and economic prosperity to the farmers.

Under the phase 1 of this Scheme, the govt has earmarked Rs 15.18 crore under which four high-yielding improved varieties will be distributed to 6000 families. The additional Rs 25 crore will be earmarked to roll out the second phase of the programme.

AICTE partnered with Adobe to advance digital literacy in India

AICTE partnered with Adobe to advance digital literacy in India

The All-India Council for Technical Education has partnered with Adobe to accelerate digital creativity skills across the country.

As per the agreement, Adobe will offer courses and expertise for upskilling educators, and integrate digital creativity into the curriculum, to prepare students with the essential creative and digital literacy skills.

Adobe and AICTE collaborate: Key Points

Aim: To empower educators across higher education institutions with essential digital creativity skills by 2024.

Tejas Mark-2 Project approved by Cabinet Committee on Security

Tejas Mark-2 Project approved by Cabinet Committee on Security

The Cabinet Committee on Security  has approved Tejas Mark-2 Project and sanctioned 6,500 crore rupees for designing and developing of Tejas Mark-2 fighter jet with prototypes, flight testing, and certification.

The allocation comes in addition to the existing 2500 crore rupees sanctioned to HAL.

Tejas 2.0 will be equipped with more powerful GE- F414 engines in the 98 Kilonewton thrust class and carry additional payload and weapons as compared to the existing version. 

India’s first indigenously developed vaccine for cervical cancer

India’s first indigenously developed vaccine for cervical cancer

Union Minister of Science and Technology Jitendra Singh has launched India’s first indigenously developed quadrivalent Human Papilloma Virus (HPV) vaccine for the prevention of cervical cancer.

Vaccine name: CERVAVAC

DCGI had granted market authorisation to Serum Institute of India to manufacture an indigenously-developed vaccine against cervical cancer.

Cervical cancer in India ranks as the second most frequent cancer among women between 15 and 44 years of age.

Muthoot FinCorp, IME India joins hands for money transfer service to Nepal

Muthoot FinCorp, IME India joins hands for money transfer service to Nepal

Muthoot FinCorp has partnered with IME India Pvt Ltd to expand its money remittance services between Indo-Nepal corridor.

Muthoot has been assisting the Nepali community in India in remitting money through their existing partner (Prabhu Money Transfer Pvt Ltd). Now, Muthoot will be able to serve a larger mass of Nepalese diaspora living in India.

IDFC First Bank, India and Global IME Bank Ltd., Nepal are the banking partners to facilitate Indo-Nepal remittance service.

SBI Card launches cashback card

SBI Card launches cashback card

SBICard has launched ‘CASHBACK SBI Card’, a cashback focused credit card, to boost the online transactions. Consumers across country, including tier-2 and 3 cities, can apply for the card on the digital application platform ‘SBI Card SPRINT’.

CASHBACK SBI Card customers will earn unlimited 1% cashback on all spends, cashback will increase to 5% on all online spends up to maximum of ₹ 10,000 per monthly statement cycle.

MD & CEO, SBI Card: Rama Mohan Rao Amara.

GST collection in August was ₹1.43 lakh crore

GST collection in August was ₹1.43 lakh crore

According to Finance Ministry data, the government has collected ₹1,43,612 crore as the gross GST revenue in the month of August 2022. CGST is ₹ 24,710 crore, SGST is ₹ 30,951 crore, IGST is ₹ 77,782 crore.

It includes ₹ 42,067 crore collected on import of goods and cess is ₹ 10,168 crore (including ₹ 1,018 crore collected on import of goods). The revenues for the month of August 2022 are 28% higher than the GST revenues in the same month in 2021 of ₹ 1,12,020 crore.

Services exports rise 20.2% to $23.26 billion in July 2022: RBI data

Services exports rise 20.2% to $23.26 billion in July 2022: RBI data

As per the Reserve Bank India data, the services exports of India has been increased by 20.2% year-on-year to $23.26 billion in July 2022. However, the July exports were lower than June by $25.29 billion in 2022.

As per the monthly data on India’s international trade in services for July 2022, the imports surged by 22.3% to $13.92 billion in July. The exports during April-July 2022-23 stood at $94.75 billion, and the imports totalled $58.94 billion during the period.

Air traffic of India may surge annually by average 7% till 2040

Air traffic of India may surge annually by average 7% till 2040

As per the Boeing report, the air traffic of India will grow by an average of 7% per year till 2040 even as the country’s carriers face challenges like high fuel prices, rupee depreciation and low fares. While the air traffic of India will grow 6.9% till 2040, the south-east Asian market will grow at an average annual rate of 5.5%.

The Chinese, African and the Latin American market will grow at an average annual rate of 5.4%, 5.4% and 4.8% respectively, till 2040.

NZ cricketer, Colin de Grandhomme retires from international cricket

NZ cricketer, Colin de Grandhomme retires from international cricket

New Zealand all-rounder, Colin de Grandhomme has announced his retirement from international cricket. He has played 29 Test matches scoring 1432 runs at 38.70, including centuries against the West Indies and South Africa.

His best score was 120 not out. He has also registered 49 wickets in the format at an average of 32.95, including six for 41 on debut against Pakistan. He has played 45 ODIs and 41 T20Is for New Zealand.

Indian-origin Laxman Narasimhan appointed as CEO of Starbucks

Indian-origin Laxman Narasimhan appointed as CEO of Starbucks

Starbucks has appointed Laxman Narasimhan as the next chief executive officer and a member of the Starbucks Board of Directors. He will work closely with the interim CEO, Howard Schultz, before taking charge as CEO role. Howard Schultz will continue as interim CEO until April 1, 2023.

Prior to this, he served as global chief commercial officer at PepsiCo; worked as a senior partner at the consulting firm McKinsey & Company; served as CEO in Reckitt.

India’s unemployment rate increases to 1-year high of 8.3% in August

India's unemployment rate increases to 1-year high of 8.3% in August

As per the Centre for Monitoring Indian Economy data, the unemployment rate of India has been surged to a one-year high of 8.3% in August 2022, as employment sequentially fell by 2 million to 394.6 million. In August, the urban unemployment rate has been increased to 9.6% and rural unemployment rate also increased to 7.7%.

In July 2022, the unemployment rate was at 6.8% and the employment was 397 million. In August, the unemployment was the highest in Haryana (37.3%).

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