Current Affairs for Competitive Exam by Gkseries –24 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 24 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 – 24 June 2022

Rumeli Dhar retires from all forms of international cricket

Rumeli Dhar retires from all forms of international cricket

India pace allrounder Rumeli Dhar on Wednesday announced her retirement from all formats of the game, ending a career where she starred with crucial match-winning contributions for the national side, including being their captain, for 15 years since her debut against England in 2003. . Dhar played her last international match in the tri-nation women’s T20I series between India, Australia and England, at Brabourne in 2018. In all, she featured in four Tests, 78 ODIs, and 18 T20Is, scoring 1328 runs and taking 84 wickets across formats. She was also part of the India team that had reached the 2005 World Cup final in South Africa.

Having made her international debut in 2003, against England in Lincoln, Dhar made an unlikely comeback, to the Indian team at the age of 34, when she was called up to India’s T20 squad for their tour of South Africa in February 2018.

Sri Lanka revises Minimum Age for Migrant Domestic Workers

Sri Lanka revises Minimum Age for Migrant Domestic Workers

Sri Lanka has decided to amend the Minimum Age for Migrant Domestic Workers to 21 years. A document from the Department of Government Information said that the Cabinet of Ministers granted permission to revise the said age limit, after considering the recommendations of the Cabinet-appointed Sub-Committee. For Saudi Arabia the minimum age is 25 years, and for other Middle Eastern Countries is 23 years, and for all other countries is 21 years.

Sri Lanka PM: Ranil Wickremesinghe;

President: Gotabaya Rajapaksa

Assam becomes the 36th State/UT to implement One Nation One Ration Card

Assam becomes the 36th State/UT to implement One Nation One Ration Card

Assam has operationalised the Centre’s ‘One Nation, One Ration Card’ programme, with this, it is implemented across the country.

Beneficiaries can get their quota of subsidised foodgrains from any electronic point of sale device (ePoS)-enabled fair price shops.

Beneficiaries can use their existing ration cards with biometric authentication.

The implementation of ONORC was initiated in August 2019.

The government has also rolled out the ‘MERA RATION’ mobile app.

Jammu and Kashmir to host G-20 meetings in 2023

Jammu and Kashmir to host G-20 meetings in 2023

In a significant development, Jammu and Kashmir will be hosting the 2023 meetings of G-20, an influential grouping that brings together the world’s major economies, with the Union Territory government Thursday setting up a five-member high level committee for overall coordination. Commerce and Industry Minister Piyush Goyal was appointed as India’s Sherpa for the G20 in September 2021. According to the Ministry of External Affairs, India will hold the G-20 presidency from December 1, 2022, and convene the first G20 leaders’ summit in 2023.

India’s representation at G20 summits has been led by Prime Minister Modi since 2014. The G20 countries include Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United States and the United Kingdom.

‘Vivatech 2020’ Conference: India recognized as ‘country of the year’

‘Vivatech 2020’ Conference: India recognized as ‘country of the year’

Vivatech 2020, Europe’s biggest start-up conference has recognized India as the “country of the year.”

It is a tremendous honour for India to be named “country of the year” in Vivatech 2020. This is due to the global contribution of Indian start-ups. This is how Indian start-ups are recognised, said, Mr. Ashwini Vaishnaw, Minister of Railways, Communications, Electronics and Information Technology. It is a tremendous honour for India to be named “country of the year” in Vivatech 2020. This is due to the contribution of the Indian startups to the world. This is the recognition of Indian startups. Around 65 start-ups from India are participating in Vivatech 2022 with government support.

Indian start-up ecosystem has been growing very fast. It has been innovating at a rapid pace and now we have over 100 unicorns which reflects the scale and recognition of Indian ecosystems. The combination of billions of smartphones, billions of bank accounts with billions-plus digital identities help in enabling the creation of novel use cases for technology development in India.

Ookla Speedtest Global Index: India ranked 115th

Ookla Speedtest Global Index: India ranked 115th

The Speedtest Global Index released by network intelligence and connectivity insights provider Ookla showed that India recorded 14.28 Mbps median mobile download speeds in the month of May, slightly better than 14.19 Mbps in April. With this, the country is now three notches up in its global ranking and is at 115th position.

India also improved its global ranking for overall fixed median download speeds, from 76th in April to 75th in May, according to network intelligence and connectivity leader Ookla. In April, India had dropped four spots in rank globally for overall median fixed broadband speeds — from 72nd to 76th spot.

Key points:

  • According to the May Speedtest Global Index, Norway and Singapore are on the top spots for global mobile speeds (median download speed of 129.40 Mbps) and fixed broadband speeds (209.21 Mbps ) respectively.
  • The African countries, namely Cote d’Ivoire and Gabon and Congo registered the highest growth in mobile download speeds and fixed broadband speeds respectively in the month of May, the report showed.

Dr D J Pandian appointed to lead NDB’s India Regional Office in Gift City

Dr D J Pandian appointed to lead NDB’s India Regional Office in Gift City

Shanghai-headquartered New Development Bank (NDB) of the BRICS countries has appointed former bureaucrat Dr D J Pandian as the Director-General of its India Regional Office in Gujarat International Finance Tec-City (GIFT City), the bank announced on Tuesday. Pandian earlier served as the Vice President and Chief Investment Officer of the Beijing-based Asia Infrastructure Investment Bank (AIIB) in which India is the 2nd largest shareholder after China.

During his tenure at the AIIB, he was instrumental in securing USD 6.7 billion in funding for 28 projects in India, stated to be the highest project finance extended by the bank. A retired IAS officer, Pandian had also served as Chief Secretary of Gujarat.  The announcement of Pandian’s appointment comes as China, which is the chair of this year’s BRICS, is set to host the summit of the five-member bloc via video link on June 23-24 in which Prime Minister Narendra Modi is scheduled to take part.

Freo, Equitas Small Finance Bank offer savings account

Freo, Equitas Small Finance Bank offer savings account

Freo has launched a digital savings account offering ‘Freo Save’ in association with Equitas Small Finance Bank.

With this launch, Freo has become the first consumer neobank in the country to provide full-stack neo-banking products.

It includes smart savings account, credit and payments products, cards and wealth-growth products.

The digital savings account has been integrated with Equitas’ infrastructure on the Freo Save App.

Freo Co-Founder: Anuj Kacker

Max Life launches life insurance savings plan with Policybazaar

Max Life launches life insurance savings plan with Policybazaar

Max Life Insurance Company Ltd has launched the ‘Max Life Smart Fixed-return Digital Plan’ with Policybazaar.

It is a non-linked, non-participating, individual life insurance savings plan. This plan helps customers to meet their short-term financial goals. The plan also offers guaranteed tax-free returns up to 6.14%.

Monthly premiums: ₹3000

Minimum tenure: five years

The plan is also available to purchase on Max Life’s website and Policybazaar.com.

CARD91 announces strategic partnership with YES BANK and RuPay

CARD91 announces strategic partnership with YES BANK and RuPay

CARD91 has joined hands with YES BANK and RuPay, to create a card management system that will allow companies to launch a variety of co-branded card instruments.

This will enable CARD91 to expand its presence in the Indian payments market. CARD91 is a global payment infrastructure powering B2B payments. It was designed to help businesses launch co-branded cards and simplify payments. 

Yes Bank CEO: Prashant Kumar

NPCI MD& CEO:  Dilip Asbe

South Korea launches homegrown Nuri rocket into orbit

South Korea launches homegrown Nuri rocket into orbit

South Korea has successfully launched satellites into orbit with its homegrown Nuri rocket. This is a crucial step for the country’s space program expansion after a failed attempt last year. With this launch, South Korea becomes the 10th country to place a satellite with its own technology.

Nuri is a three-stage rocket, more than 47 meters (154 feet) long and weighing 200 tons,. It was launched from the Naro Space Center.

Development cost: 2 trillion won ($1.5bn).

Indian Navy conducts 38th coordinated patrol with Indonesian Navy

Indian Navy conducts 38th coordinated patrol with Indonesian Navy

India has conducted 38th edition of the Coordinated Patrol with Indonesian Navy (IND-INDO CORPAT) from 13-24 Jun 22.

INS Karmuk (indigenously built missile corvette) is based at the Andaman and Nicobar Command, along with a Dornier Maritime Patrol Aircraft.

While the Indonesian Navy is being represented by KRI Cut Nyak Dien, a Kapitan Pattimura (PARCHIM I) class corvette. The closing ceremony is scheduled at Sabang, Indonesia on 23 June 22.

South Indian Bank launches SIB TF Online, EXIM trade portal

South Indian Bank has launched a new portal for its corporate EXIM customers named ‘SIB TF Online’. This portal provides a platform for trade-related payments to foreign entities remotely.

Through this portal, customer can initiate the payment request on SIB TF Online, after uploading the relevant documents for the transaction. The bank launch SIB TF Online in phases.

South Indian Bank Headquarters: Thrissur;

CEO: Murali Ramakrishnan

ISRO launches India’s Communication satellite ‘GSAT-24’ from French Guiana

ISRO launches India's Communication satellite 'GSAT-24' from French Guiana

Indian Space Research Organisation (ISRO) has successfully launched India’s communication satellite, ‘GSAT-24’ from Kourou in French Guiana.

It is built by ISRO for NewSpace India Limited (NSIL). It was launched by French company Arianespace. It is a 24-Ku band communication satellite, weight 4180 kg, pan-India coverage for meeting DTH application needs. This is the first demand driven communication satellite mission undertaken by NSIL after space sector reforms.

PM Modi inaugurates ‘Vanijya Bhawan’, new premises of Commerce Ministry

PM Modi inaugurates 'Vanijya Bhawan', new premises of Commerce Ministry

PM Modi has inaugurated the new premises of the Ministry of Commerce and Industry, ‘Vanijya Bhawan’ in New Delhi.

He has also launched a new portal named NIRYAT (National Import-Export Record for Yearly Analysis of Trade). The portal was developed as a one stop platform to get all the required information related to India’s foreign trade. Vanijya Bhawan, will be used by Department of Commerce and Department for Promotion of Industry and Internal Trade DPIIT.

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