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Current Affairs for Competitive Exam by Gkseries – 8 June 2022

Daily Current Affairs 8 June 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 8 June 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 June 2022

Instagram to launch AMBER alerts to help in finding missing children

Instagram to launch AMBER alerts to help in finding missing children

Meta has announced that AMBER alerts will soon be rolled out to Instagram in 25 countries. With the help of this alerts, users will get notifications of missing children in the area.

This feature was already available on Facebook and helped to find hundreds of children since it was introduced in 2015.

This was developed in partnership with the National Center for Missing & Exploited Children in US and International Centre for Missing & Exploited Children.

Andhra Pradesh launched ‘14400 app’ to report corrupt officials

Andhra Pradesh launched ‘14400 app’ to report corrupt officials

Andhra Pradesh Chief Minister Jagan Mohan Reddy launched the ‘14400’ app. Through the app, developed by the Anti-Corruption Bureau (ACB), people can lodge corruption-related complaints against officials in the State. This app also aims to ensure fool-proof evidence to present before the court. A complaint can be filed through a toll-free number 14400.

How does the app work?

Earlier, people could file a complaint via the toll-free number, 14400, but they were less likely to submit evidence with it. Hence, the ACB would not be able to solve cases due to lack of substantial evidence to probe the matter. 

The ACB 14400 app can be downloaded from the Google play store. An OTP will be to the mobile number through which registration is being done, and once registered, the app will be ready to use. This app has two key features:

After a complaint is lodged, a reference number will be sent to the registered mobile number. The IOS version of this app will soon be launched. Any person who has been asked for a bribe from any government official including the RDO office, collector office, Mandal level office, sub-registrar office, police station, etc, must download this app and record the conversation following which it would reach the ACB. The ACB has been directed to report to the Chief Minister’s office.

Satish Pai named as the new chairman of International Aluminium Institute

Satish Pai named as the new chairman of International Aluminium Institute

Hindalco Industries MD Satish Pai has been appointed the new chairman of the International Aluminium Institute (IAI), the body representing the global primary aluminium industry. Earlier serving as vice-chairman, he succeeds Ben Kahrs, chief innovation officer, Alcoa Corporation. An engineer by education and profession, Satish earlier worked with Schlumberger, based out of Paris, where he was responsible for Schlumberger’s operations globally.

About the International Aluminium Institute:

IAI members are engaged in the production of bauxite, alumina, aluminium, the recycling of aluminium, or the fabrication of aluminium in all major producing regions. The IAI’s purpose is to promote the sustainable development of the aluminium industry and to increase demand for aluminium products, by raising awareness of their unique and valuable properties.

Satish was the driving force behind Hindalco’s transformation from an upstream company to a fully integrated aluminium player with products that input into future-critical industries such as EV mobility and low carbon transportation.

RBI releases provisioning norms for upper-layer NBFCs

RBI releases provisioning norms for upper-layer NBFCs

The Reserve Bank of India (RBI) has released the provisioning guidelines for outstanding loans extended by ‘NBFC-Upper Layer’.

These guidelines shall be effective from October 1, 2022. Individual housing loans and loans to Small and Micro Enterprises (SMEs): 0.25%. Housing loans extended at teaser rates: 2% (decrease to 0.4% after 1 year from the date on which the rates are raised.) Advances to Commercial Real Estate- Residential Housing (CRE – RH) Sector: 0.75%.

DAC clears proposals worth Rs 76,390 crore to boost ‘Aatmanirbhar Bharat’

DAC clears proposals worth Rs 76,390 crore to boost ‘Aatmanirbhar Bharat’

Defence Acquisition Council (DAC) has accorded the Acceptance of Necessity (AoN) for Capital Acquisition Proposals of the Armed Forces amounting to Rs 76,390 crore.

This will give boost to the Indian Defence Industry and reduce foreign spending significantly. The DAC meeting was headed by Defence Minister, Rajnath Singh.

Indian Army: Rough Terrain Fork Lift Trucks, Bridge Laying Tanks, Wheeled Armoured Fighting Vehicles.

Indian Navy: Next Generation Corvettes (NGC). 

Multinational Peacekeeping ‘Ex Khaan Quest 2022’ begins in Mongolia

Multinational Peacekeeping 'Ex Khaan Quest 2022' begins in Mongolia

A multinational peacekeeping exercise, ‘Ex Khaan Quest’ 2022 has started in Mongolia.

16 countries are taking part in this exercise including India. This exercise has been inaugurated by the President of Mongolia, Ukhnaagiin Khurelsukh. Indian Army is represented by a contingent from the Ladakh Scouts.

Aim: Enhance interoperability, building military to military relationships, developing peace support operations and military readiness among participating nations.

Amazon, Manipur Handloom & Handicrafts Development Corporation sign MoU

Amazon, Manipur Handloom & Handicrafts Development Corporation sign MoU

Manipur Handloom & Handicrafts Development Corporation (MHHDC) has signed a pact with Amazon for providing an e-market platform for traditional handloom and handicraft items.

Both representatives, signed the MoU at the opening function of Manipur Heritage Expo, 2022. As per the National Handloom Census Report, 2019, Manipur is a home of around 2.12 lakh handloom weavers, around 2.11 lakh looms and around two lakh handicraft artisans.

Manipur CM: N. Biren Singh

India successfully test-fired Nuclear-capable Agni-4 Ballistic Missile

India successfully test-fired Nuclear-capable Agni-4 Ballistic Missile

India has successfully test- fired a nuclear-capable Agni-IV ballistic missile from APJ Abdul Kalam Island in Odisha.

Agni-IV can strike targets 4,000 km away. This missile is the fourth in the Agni series of missiles which is earlier known as Agni II prime.

This missile was designed by the Defence Research and Development Organisation (DRDO) and manufactured by the Bharat Dynamics Limited.

Length of Agni IV: 20 metres 

World Oceans Day observed on 8th June

World Oceans Day observed on 8th June

World Oceans Day is celebrated annually on 8 June to remind us of the important role of the oceans in sustaining our livelihoods and the necessity to prevent them from destruction. According to the United Nations (UN), oceans are the lungs of our planet and a major source of food and medicine, and a critical part of the biosphere. The day intends to highlight the various resources that mankind derives from the ocean, as well as the various threats that the ocean faces.

Theme

The theme for World Oceans Day this year is “Revitalization: Collective Action for the Ocean.”

History

The concept of World Oceans Day was first proposed by the UN in 1992 at the Earth Summit in Rio de Janeiro. It was suggested that a day be observed to raise awareness about the crucial role oceans play in our lives and ways in which people can help protect them. Since 2002, the World Ocean Network has built support for ocean awareness events on June 8 with the help of sponsorship from UNESCO’s Intergovernmental Oceanographic Commission. On December 5, 2008, the UN General Assembly passed a resolution to designate this day.

Airtel Payments Bank offer gold loans in partnership with Muthoot Finance

Airtel Payments Bank offer gold loans in partnership with Muthoot Finance

Airtel Payments Bank has partnered with Muthoot Finance to offer gold loans through Airtel Thanks app.

There will be no-processing charge on the loan. Muthoot Finance will provide up to 75% of the pledged gold value as a loan. The loan facility will be available at the 5 lakh banking points for Airtel Payments Bank. Gold Loans are secured loans that can be availed to cater to a variety of needs, from personal to professional.

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