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 8 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 – 8 July 2022
Amitabh Kant, former CEO of NITI Aayog, to serve as new G-20 Sherpa
The government has decided to appoint former NITI Aayog chief executive Amitabh Kant as India’s Sherpa for the G20 grouping. Kant will replace commerce and industry minister Piyush Goyal, who offered to shed this role due to his mounting workload. Later this year, India will preside over the G-20. It should be highlighted that the nation requires a full-time G-20 Sherpa, which Goyal is unlikely to provide as he already holds a number of cabinet positions.
The Sherpa would need to dedicate a lot of time to several meetings that will be held in various regions of the country because India will hold the G-20 presidency this year. According to the source, Union Minister Piyush Goyal is responsible for a number of ministries in the Modi government, which takes up a lot of his time. The Minister is also charged with additional urgent tasks, much like the Rajya Sabha Leader.
Goyal has served as the nation’s G-20 Sherpa since September 7, 2021. For about six years, Kant led the top Indian government think tank for public policy; his extended term concluded last month. Currently, Parameswaran Iyer serves as the CEO of Niti Aayog. Goyal is a member of the cabinet and is responsible for a number of ministries, including those of commerce and industry, consumer affairs, and food and public distribution.
The G20 Foreign Ministers’ Meeting (FMM) will get underway in Bali. The gathering will be viewed as a strategic forum to talk about international recovery initiatives. Ministers will debate enhancing multilateralism in the first session, while the food and energy crises will be tackled in the second session.
NSUT: Artificial Intelligence Center of Excellence inaugurated
At Netaji Subhash Institute of Technology (NSUT), an artificial intelligence centre was inaugurated. In his remarks at the Center’s opening, Deputy Chief Minister Manish Sisodia said universities must abandon conventional thinking and adopt an innovative approach if they are to advance the nation. According to Manish Sisodia, universities today take pride in having a Center of Excellence in Artificial Intelligence. It exhibits the lofty thinking of the young people leading the university and acting pro-actively.
Graphical processing units, workstations, data storage, and communication systems are available at the Centre of Excellence. According to the government, the centre now has a cutting-edge supercomputing system that includes a DGX A100 with 324 GB RAM and 8 GPUs, 100TB of storage, a smart rack, and high-speed switches, among other cutting-edge tools.
Static/Current Takeaways Important For All Exam 2022:
Deputy Chief Minister of Delhi: Manish Sisodia
PM to start three-day symposium on implementing the NEP
During his visit to Varanasi, his Lok Sabha district, Prime Minister Narendra Modi is anticipated to launch development projects worth more than Rs. 1,774 crore. He has been to the city twice in the last four months.
Nine topics designated for higher education in the National Education Policy 2020 will be the subject of panel discussions. Modi will also inaugurate the Akhil Bharatiya Shiksha Samagam, which is being organised by the Union Education Ministry at the international cooperation and convention centre Rudraksh.
Static/Current Takeaways Important For All Exam 2022:
- Chief minister of Uttar Pradesh: Yogi Adityanath
- Union education minister Dharmendra Pradhan
- Chairman of the NEP: Dr. K. Kasturirangan
- University Grants Commission (UGC) chairperson: M Jagadesh Kumar
“HariyaliMahotsav” to be organized by Ministry of Environment
Ministry of Environment, Forest & Climate Change will be organizing “Hariyali Mahotsav” on 8th July, 2022 at Talkatora Stadium, New Delhi in the spirit of “Azadi Ka Amrit Mahotsav”. The mahotsav is being organized by Ministry of Environment, Forest and Climate Change in collaboration with the State Governments, Police Institutions and Schools of Delhi for undertaking plantation drives on the occasion.
Hariyali Mahotsav, the “Tree Festival” is being organized to create awareness about the importance of trees in sustaining not only the life of the present generations but also to secure the future of forthcoming generations. Trees play extremely important role in mitigating adverse effects of climate change.
World Kishwahili Language Day: 07 July
World Kiswahili Day is celebrated on the 7th of July every year following a declaration by UNESCO member states in this regard. Kiswahili is one of the most widely spoken languages in Africa and the most widely spoken in sub-Saharan Africa. Kiswahili is also the only African language that is an official language of the African Union.
World Kishwahili Language Day 2022: Theme
The first World Kiswahili Language Day is being observed worldwide under the theme ‘Kiswahili for peace and prosperity’.
World Kishwahili Language Day: History
In November 2021 at its 41st Session in Paris, the General Conference of UNESCO declared July 7th World Kiswahili Language Day. By Resolution 41 C/61, Member States recognized the critical role played by Kiswahili in promoting cultural diversity, creating awareness, and fostering dialogue among civilizations. On July 7th 2022, the Permanent Mission of the United Republic of Tanzania to the United Nations and UNESCO will held the first international celebration of the World’s Kiswahili Language Day at the United Nations Headquarter in New York.
About Kiswahili language
Kiswahili language is widely spoken in Africa and sub-Saharan Africa. It is the only African language, to become the official language of African Union. It is also the first African language that United Nations has recognized in this manner.
Gita Gopinath becomes 1st woman to feature on IMF’s ‘wall of former chief economists’
India-born Gita Gopinath became the second Indian and the first woman to feature on the IMF’s ‘wall of former chief economists’ (International Monetary Fund).
Raghuram Rajan served as the IMF’s Chief Economist and Director of Research from 2003 to 2006 and was the first Indian to earn the honor. Gopinath was appointed as IMF Chief Economist in October 2018 and was later promoted as the IMF’s First Deputy Managing Director in December last year.
About Gita Gopinath:
Gopinath had served as the first female chief economist of the Washington-based global lender for three years. Gopinath’s research has been published in many top economics journals. Prior to her appointment as IMF Chief
Economist, she was the John Zwaanstra Professor of International Studies and Economics in the economics department of Harvard University. Before joining the faculty of Harvard University in 2005, she was an assistant professor of economics at the University of Chicago’s Booth School of Business.
Irdai and NHA to develop National Health Claims Exchange to settle claims
Irdai and National Health Authority (NHA) will develop a National Health Claims Exchange as a digital platform to settle health claims. The National Health Claims Exchange will be developed as a digital platform, for settling the health claims.
Chairman of IRDAI, Debasish Panda, has also proposed for creation of a working group with representation from industry. The working group will decide on how to attract more people to buy health insurance, by making the largest segment of general insurance in India.
Static/Current Takeaways Important For All Exam 2022:
- IRDAI Founded: 1999;
- IRDAI Headquarters: Hyderabad;
- IRDAI Chairperson: Debasish Panda.
South Indian Bank tie up with Kerala Forest & Wildlife Dept for digital payment collection
The South Indian Bank has signed an agreement with Kerala’s Forest and Wildlife Department to enable digital collection of payments at eco-tourism centres, Vanasree shops, mobile Vanasree units and eco-shops across the State.
The Forest Department has set up Vanasree shops and units with the objective of marketing forest products, conserving and managing biodiversity, protecting the rich and sensitive ecosystem and uplifting the living standards of the tribals working in the area.
Static/Current Takeaways Important For All Exam 2022:
- South Indian Bank Headquarters: Thrissur;
- South Indian Bank CEO: Murali Ramakrishnan (1 Oct 2020–);
- South Indian Bank Founded: 29 January 1929.
Smriti Irani, Jyotiraditya Scindia get additional charges of Minority Affairs, Ministry of Steel
Union Ministers Smriti Irani and Jyotiraditya Scindia have been assigned additional charges of Minority Affairs and Ministry of Steel respectively after two Union Ministers Mukhtar Abbas Naqvi and Ram Chandra Prasad Singh resigned from the Union Council of Ministers, with immediate effect.
Post their resignations, the President of India Ram Nath Kovind, as advised by PM Modi, accepted the resignations of Mukhtar Abbas Naqvi and Ram Chandra Prasad Singh from Union Council of Ministers. This is the first time two sitting ministers are out of both Houses of Parliament.
OPEC Secretary-General Mohammad Barkindo passes away
Organization of the Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Sanusi Barkindo, passed away on Tuesday in his home country, Nigeria. He died at about 11pm yesterday 5th July 2022. Certainly a great loss to his immediate family, the NNPC, our country Nigeria, the OPEC and the global energy community. Burial arrangements will be announced shortly. He was born in April 1959 in northeast Nigeria’s Adamawa state, Barkindo assumed the office of the OPEC Secretary-General in 2016. His tenure was scheduled to expire in July.
About the OPEC:
OPEC is a permanent, intergovernmental organization, created at the Baghdad Conference in 1960, by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. It aims to manage the supply of oil in an effort to set the price of oil in the world market, in order to avoid fluctuations that might affect the economies of both producing and purchasing countries. It is headquartered in Vienna, Austria. OPEC membership is open to any country that is a substantial exporter of oil and which shares the ideals of the organization.
Boris Johnson resigns as United Kingdom Prime Minister
Boris Johnson said on Thursday that he would step down as Britain’s prime minister, after a wholesale rebellion of his cabinet, a wave of government resignations and a devastating loss of party support prompted by his handling of the the latest scandal that has engulfed his leadership. Mr. Johnson said he would stay on in his post until the Conservative Party chooses a new leader, which could take several months. He said he expected the timetable for his departure and the selection of a successor to be decided on Monday by a committee of senior Conservative lawmakers. Johnson will remain in charge at 10 Downing Street until the process of electing a new leader is completed – expected by the time of the Conservative Party conference scheduled for October.
Why is Boris Johnson resigning?
Johnson’s resignation comes after he weathered numerous scandals during a tumultuous three years in power in which he brazenly bent and sometimes broke the rules of British politics. He survived a no-confidence vote last month. But recent revelations that Johnson knew about sexual misconduct allegations against a lawmaker before he promoted the man to a senior position in his government led to Johnson’s resignation.
Who could become the next Prime Minister?
Already the list of likely contenders is long and growing, from recently resigned Treasury chief Rishi Sunak, his successor in that job Nadhim Zahawi, Foreign Secretary Liz Truss, Attorney General Suella Braverman and Defense Secretary Ben Wallace.
To conduct fieldwork of inflation anticipation survey, RBI chooses Hansa Research Group
Reserve Bank of India (RBI) announced to select to partner with the Mumbai-based Hansa Research Group in order to ogranize field research for the July 2022 cycle of the consumer confidence and inflation anticipation surveys. Reserve Bank of India (RBI) will conduct the July 2022 round of the two surveys with Hansa Research Group Pvt.Ltd., Mumbai. Mumbai has been hired to conduct field work for the July 2022 round of the two surveys on behalf of the Reserve Bank of India, the RBI said in a statement. This follows press releases announcing the launch of the consumer confidence survey (CCS) and inflation expectation survey of households (IESH), both dated June 30, 2022.
The Inflation Expectations Survey of Households (IESH) has been regularly conducted by the Reserve Bank of India.
The survey aims to gather subjective opinions from households in 19 cities, including Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi, and Thiruvananthapuram, about price changes and inflation based on their individual consumption baskets.
The survey asks for qualitative responses from households regarding price changes (general prices as well as prices of particular product groups) in the three-month and one-year futures as well as quantitative responses regarding inflation rates for the present, the next three months, and the next year. The survey’s findings offer helpful information for monetary policy. With regard to their opinions on the state of the economy as a whole, the job situation, the price level, and their own household income and spending, households are asked to provide detailed comments in the Consumer Confidence Survey. Regular surveys are done in 19 cities.
