Current Affairs June 2022

Suryoday SFB and Mobisafar Services partnered to provide banking services across India

Suryoday Small Finance Bank, one of India’s premier small finance banks, has established a cooperation with Mobisafar to provide banking services across India through all of Mobisafar’s franchises and Business Correspondent network. The cooperation aims to increase financial inclusion by providing vital banking services to underbanked customers digitally, even in the most distant corners of the country. Mobisafar‘s 1.38 […]

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India ranked worst in the world in terms of environmental performance in 2022

In the 2022 Environment Performance Index (EPI), an analysis by Yale and Columbia University researchers that gives a data-driven evaluation of the situation of sustainability around the world, India came in last out of 180 countries. Climate change, environmental public health, and biodiversity are among the 40 performance factors used by the EPI to rank 180 nations. With an overall

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Current Affairs for Competitive Exam by Gkseries – 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

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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

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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

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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

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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

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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

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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

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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.)

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