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 16 & 17 January 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.
Daily Current Affairs 16 & 17 January 2022
Yes Mutual Fund renamed as White Oak Capital Mutual Fund
Aashish P Sommaiyaa, the Chief Executive Officer of White Oak Capital, the latest entrant to the mutual fund space, informed that the name of YES Asset Management stands changed to WhiteOak Capital Asset Management. The change in the names are effective from January 12, 2022. White Oak got the license to run a mutual fund. White Oak Capital group provides investment management and advisory services for equity assets of over Rs 42,000 crore.
In November 2021, White Oak Capital Group, through its subsidiary, GPL Finance and Investments, acquired the mutual fund business, Yes Asset Management, of Yes Bank. The White Oak Capital group provides investment management and advisory services for Indian equity investors.
IAMAI organises 16th India Digital Summit
Our Research Vice President Neil Shah will be moderating a session at the 16th India Digital Summit on 11th January 2022. The event runs on the 11th and 12th of January. The two-day virtual event was organized by the Internet And Mobile Association of India (IAMAI). The theme of the summit was “Supercharging Startups”.
India Digital Summit is the oldest event of the digital industry in India. During the event, the Minister unveiled ‘LEAP’ as the way forward to further strengthen our Startups ecosystem. LEAP stands for “Leverage, Encourage, Access & Promote”.
20th Dhaka International Film Festival begins 2022
The 20th Dhaka International Film Festival (DIFF) will take place between January 15-23 at multiple venues in Dhaka. The festival will showcase 225 films from 70 countries under 10 categories. The film festival is being organized in a hybrid mode with many films being streamed online during the festival. The DIFF will also organise the 8th edition of the ‘Women in Cinema’ international conference, as well as the 4th edition of the ‘West meets East’ screenplay lab during the festival.
Indian entries:
The Indian entries to the 20th DIFF include films like Koozhangal directed by P S Vinothraj, Avijatrik directed by Subhrajit Mitra, Mayar Jonjal directed by Indranil Roychowdhury, and Aandaal directed by Shareef Easa among the 35 entries.
History of the festival:
The Dhaka International Film Festival (DIFF) is organised by the Rainbow film Society established in 1977. The DIFF was started in 1992. The festival will have 10 sections including the Asian Competition Section, Retrospective, Tribute, Bangladesh panorama, Wide Angle, Cinema of the World, Children’s Film, Spiritual film, Women Filmmakers section and short and independent films.
PM Narendra Modi declares January 16 as ‘National Startup Day’
Prime Minister Narendra Modi has declared to mark January 16 as ‘National Start-up Day’. Narendra Modi told a virtual gathering of over 150 entrepreneurs on Saturday as he termed startups as the “ backbone “ of new India and the engine that will power the nation’s economic growth in the run up to the 100 th year of Independence.
The announcement was made by PM Modi on January 15, 2022, via video conferencing during a week-long event “Celebrating Innovation Ecosystem” as a part of Azadi ka Amrit Mahotsav.
The Prime Minister interacted with more than 150 startups across different sectors, during the event.
Under-19 Shuttler Tasnim Mir becomes first Indian to achieve World No. 1 Ranking
Young shuttler Tasnim Mir became the first Indian girl to achieve the world No.1 ranking in the under-19 girls singles in the latest BWF junior rankings. With this feat the 16-year-old Tasnim has become the first Indian to top the under-19 girls’ singles world rankings.
Tasnim is at the top of the pile with 10,810 points. She hails from Mehsana, Gujarat.
Daniel Ortega sworn in for 4th straight term as Nicaragua’s President
Nicaragua President Daniel Ortega has been sworn in for a fourth consecutive 5 year term. The 76-year-old Nicaraguan politician is serving as President of Nicaragua since 2007.
Along with Ortega, the first lady Rosario Murillo was also sworn in for her second term as vice president.
Nicaragua Capital: Managua; Currency: Nicaraguan cordoba.
Legendary Kathak dancer Pandit Birju Maharaj passes away
World-renowned Kathak dancer Pandit Birju Maharaj passed away at his residence in Delhi on 16 January. The 83-year-old had reportedly suffered a heart attack. A recipient of the country’s second-highest civilian award, Padma Vibhushan, he was fondly called Pandit-ji or Maharaj-ji by his disciples and legions of followers and was one of India’s best-known artistes.
Birju Maharaj was a descendant of the Maharaj family of Kathak dancers, which includes his two uncles, Shambhu Maharaj and Lachhu Maharaj, and his father and guru, Acchan Maharaj. Birju Maharaj was also a singer par excellence, having command over Thumri, Dadra, Bhajan and Ghazal.
Indian Navy and Russian Navy conducts PASSEX Exercise in the Arabian Sea
Indian Navy and Russian Navy undertook PASSEX exercises at the port of Cochin, in the Arabian Sea. Indigenously-designed and built guided missile destroyer, INS Kochi, carried out a passage exercise (PASSEX) with Russian Navy’s RFS Admiral Tributs in the Arabian Sea, the Indian Navy said on Sunday. Russian Federation Navy was represented by RFS Admiral Tributs.
Two other Russian naval ships Russian Naval Missile Cruiser Varyag, and Russian Tanker Boris Butoma were also accompanied. The exercise showcased cohesiveness and interoperability between the two navies and included tactical manoeuvres, cross-deck helicopter operations and seamanship activities.
About the exercises: These exercises are aimed at enhancing interoperability, improving understanding and imbibing best practices between both the friendly navies, and this will involve advanced surface and anti-submarine warfare exercises, weapon firings, seamanship exercises and helicopter operations, Navy officials said, adding that these exercises are conducted regularly with units of friendly foreign navies, whilst visiting each other’s ports or during a rendezvous at sea.
‘North East on Wheels Expedition’ launched to promote Culture of Northeastern States
Minister of State for Culture, Meenakashi Lekhi has launched the ‘North East on Wheels Expedition’ in New Delhi to promote the Culture of Northeastern States. The Bike Expedition is scheduled between 8th to 16th April this year to mark the celebrations of Azadi Ka Amrit Mahotsav.
75 Bikers participating in this expedition will be selected from all over the country and will cover about 9000 km in the North East Region in 6 groups. The expedition will also promote the Dekho Apna Desh initiative of the Ministry of Tourism. The Riders will also carry the message of the importance of Road Safety.
Paytm Payments Bank became most preferred UPI beneficiary bank in India
Paytm Payments Bank Ltd (PPBL) became the largest and fastest-growing UPI beneficiary bank in India. It becomes the first beneficiary bank in the country to achieve the landmark of over 926 million UPI transactions in a single month.
Beneficiary banks are the banks of the account holder who is receiving money. Paytm Payments Bank has also gained rapid traction as a remitter bank for UPI payments.
While State Bank of India (SBI) topped the chart of being the biggest remitter in December 2021, according to data released by the National Payments Corporation of India (NPCI). State Bank of India followed PPBL as the second-largest beneficiary with 664.89 million transactions.
Static/Current Takeaways Important For All Exam 2022:
Chairman of Paytm Payments Bank Ltd: Vijay Shekhar Sharma;
MD and CEO of Paytm Payments Bank Ltd: Satish Kumar Gupta;
Paytm Payments Bank Ltd Headquarters: Noida, Uttar Pradesh.
Indifi tie-up with GPay to offer instant digital credit to SMEs
Indifi Technologies has collaborated with Google Pay to provide instant loans to eligible small merchants on the Google Pay platform.
The borrowing process is entirely digital and eligible merchants on the Google Pay for the Business app can click on loan offerings from Indifi and submit an application online. The loans will be in the range of Rs 2.5 to Rs 3 lakh.
With a 35 per cent share of monthly UPI volumes, Google Pay has been growing its financial services play over the past year like other payments leaders in India. It already provides loans and short-term credit to individuals and small merchants in tie-ups with IIFL Loans, CASHe, and ZestMoney, among others.
NIRAMAI & InnAccel received Global Women’s Health Tech Awards
DBT-BIRAC supported start-ups, NIRAMAI Health Analytix Pvt Ltd, and InnAccel Technologies Pvt Ltd have received World Bank Group and Consumer Technology Association’s Global Women’s Health Tech Awards.
The award recognizes innovative startups that leverage tech to improve women’s health and safety. NIRAMAI Health Analytix was selected for early-stage breast cancer medical device. InnAccel was selected for Fetal Lite, AI-powered fetal heart rate (FHR) monitor.
