Current Affairs for Competitive Exam by Gkseries –7 September 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 7 September 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 – 7 September 2022

Captain B K Tyagi appointed as new CMD of Shipping Corporation of India

Captain B K Tyagi appointed as new CMD of Shipping Corporation of India: Capt. B. K. Tyagi has assumed charge as Chairman & MD of the Shipping Corporation of India Ltd (SCI) on 3rd September, 2022. Prior to this, he was the director, who was looking after the liner and passenger services division at SCI.

September 2022 Current Affairs Quiz

He started his career as a trainee nautical officer and sailed on board various ships in different ranks including as master in SCI in 1990.

SCI is a Navratna CPSE under the Ministry of Ports, Shipping & Waterways (MoPSW).

Barack Obama wins Emmy award for his narration in Netflix documentary

Barack Obama wins Emmy award for his narration in Netflix documentary: The former President of the US, Barack Obama has won Emmy Award for his narration in the Netflix documentary “Our Great National Parks”.

September 2022 Current Affairs Quiz

The documentary has been released in five-parts, and produced by Barack and Michelle Obama’s production company “Higher Ground”.

He has already won two Grammys and is now halfway to an EGOT- the achievement i.e. an Emmy, a Grammy, an Oscar, and a Tony

Barack Obama is 2nd US President to win Emmy, after Dwight D Eisenhower.

ISRO successfully test Inflatable Aerodynamic Decelerator

ISRO successfully test Inflatable Aerodynamic Decelerator: Indian Space Research Organisation (ISRO) has successfully demonstrated a new technology with Inflatable Aerodynamic Decelerator (IAD). It was designed and developed by ISRO’s Vikram Sarabhai Space Centre (VSSC). IAD is a game-changer with multiple applications for future missions including to Mars and Venus.

September 2022 Current Affairs Quiz

The IAD was successfully test flown in a ‘Rohini’ sounding rocket from Thumba Equatorial Rocket Launching Station. 

ISRO chairman: S. Somanath 

Tamilnad Mercantile Bank appoints S Krishnan appointed as MD & CEO

Tamilnad Mercantile Bank appoints S Krishnan appointed as MD & CEO: The Board of Directors of Tamilnad Mercantile Bank Ltd has approved the appointment of veteran banker, Krishnan Sankarasubramaniam (aka S Krishnan) as the Managing Director & CEO with effect from 4th September 2022 for a term of 3 years.

September 2022 Current Affairs Quiz

He has replaced present MD & CEO, K V Rama Moorthy, whose tenure ended on 3rd September 2022. Earlier, he was the MD & CEO of Punjab and Sind Bank from 4th September 2020 to 31st May 2022. 

CCI approves PayU’s $4.7 billion BillDesk acquisition

CCI approves PayU’s $4.7 billion BillDesk acquisition: The Competition Commission of India (CCI) has approved the $4.7 billion acquisition deal between PayU (backed by Prosus) and online payments firm, BillDesk.

September 2022 Current Affairs Quiz

The commission has cleared the acquisition of 100% of the equity share capital of http://IndiaIdeas.com (BillDesk) by PayU Payments.

The PayU-BillDesk deal is pegged as the second-largest buyout in the Indian internet sector after Walmart’s $16 billion acquisition of ecommerce major Flipkart in 2018. 

India, Australia sign six MoUs at Bangalore Space Expo

India, Australia sign six MoUs at Bangalore Space Expo: Australia and India have signed six space industry MoU at the Bengaluru Space Expo (BSX) 2022.

HEX20 – Skyroot Aerospace: For launch services, spacecraft avionics and components for Australian space initiatives.

September 2022 Current Affairs Quiz

QL Space – Skyroot Aerospace: To develop launch facilities in Australia and support joint mineral exploration missions in space

QL Space – GalaxEye: To develop a hybrid optic and radar payload

QL Space – SatSure: To build satellite and Al-based solutions.

External debt of India rises by 8.2% to over $620 bn till Mar 2022

External debt of India rises by 8.2% to over $620 bn till Mar 2022: The external debt of India has been increased by 8.2% from USD 573 billion (March 2021) to over USD 620 billion (March 2022).

September 2022 Current Affairs Quiz

Report title: 28th edition, Status Report on India’s External Debt 2021-22

Released by: Department of Economic Affairs

The External debt as a ratio to GDP fell marginally to 19.9% (2022) from 21.2% (2021). The Commercial borrowings, NRIs deposits, short-term trade credit and multilateral loans together accounted for 90% of the total external debt.

Liz Truss elected as 56th Prime Minister of United Kingdom

Liz Truss elected as 56th Prime Minister of United Kingdom: Leader of the Conservative Party, Liz Truss (47) has been elected as the 56th prime minister of United Kingdom and will be sworn-in as PM of United Kingdom on September 6th, 2022.

September 2022 Current Affairs Quiz

She has succeeded present PM Boris Johnson, who will tender his resignation to Queen Elizabeth II. She has been served as the foreign secretary since 2021. She has defeated rival Rishi Sunak with 57 per cent of the vote. She will be third female prime minister to lead the country. 

PM Modi announced PM-SHRI Yojana on National Teachers Day

PM Modi announced PM-SHRI Yojana on National Teachers Day: PM Modi has announced that 14,500 schools across the country, will be developed and upgraded under the Pradhan Mantri Schools For Rising India (PM-SHRI) Yojana.

September 2022 Current Affairs Quiz

These PM-SHRI schools will become model schools which will summarize the full spirit of National Education Policy (NEP).

These schools will provide modern infrastructure including latest technology, smart classrooms, sports and more. This initiative will benefit lakhs of students in the spirit of NEP.

Asia Cup 2022 Schedule, Time Table, Team List and Venues

Asia Cup 2022 Schedule, Time Table, Team List and Venues: The 15th edition of the ASIA CUP 2022 has been scheduled from 27 August 2022 to 11 September 2022. After 2 years of a long wait, the Asian Cricket Council (ACC) finally announced the ASIA CUP 2022 cricket schedule. With the current situation in Sri Lanka, the Asian Cricket Council shifted the ASIA CUP 2022 to UAE but hosting rights remain with Sri Lanka only. Here in this article, you will get the updated ASIA CUP 2022 schedule, team, squad, venue, groups, format, timetable, PDF download, point table, ticket online, news, ranking & winning prediction.

September 2022 Current Affairs Quiz

The Asia Cup 2022 tournament will be hosted in two venues. The matches will be played in the T20 format, and the featured six teams are divided into two groups. The two teams will play with each other once and the top two teams from both the groups will be advanced to Super 4s. In the Super 4s, the teams will again play with each other. Then the top two teams from the Super 4s will advance to the finals which are scheduled for 11th September 2022.

Asia Cup 2022 Schedule, Date, and Timings

Asia Cup 2022 Venues

The host country for Asia Cup 2022 is United Arab Emirates (UAE). Before UAE, Sri Lanka was going to host Asia Cup 2022, however, due to the economic crisis of the country, it was shifted to UAE. UAE will host the tournament in two Venues that are mentioned below.

1. Dubai International Cricket Stadium
2. Sharjah Cricket Stadium

Asia Cup 2022 Team List and Groups

This year in Asia Cup, a total of six countries are featured. These six countries are divided into groups, A and B.

Group A:

1. India
2. Pakistan
3. Hongkong

Group B:

1. Sri Lanka
2. Bangladesh
3. Afghanistan

Asia Cup 2022 India vs Pakistan Matches

The India vs Pakistan match was scheduled on 28th August 2022 according to the Asia Cup 2022 schedule. The two teams have great potential and there are a lot of chances that these two teams can clash more than once in the Asia Cup. India won with 5 wickets against Pakistan in an intense match. Pakistan was all after making 147 runs in 20 overs. India chased 148 runs with a loss of 5 wickets.

After five matches of the Asia Cup, four out of three Super 4s teams are India, Sri Lanka, and Afghanistan. The fourth team will be decided after the 6th match of the Asia Cup 2022 between Pakistan and Hong Kong. Pakistan and Hong Kong both the teams have played one game and lost the game.

Pakistan won the match against Hong Kong with 155 runs and left Hong Kong all out in 10.4 overs. Pakistan qualifies for the Super 4s with this match. Bangladesh and Hong Kong are now officially out of the Asia Cup 2022.

Asia Cup 2022: Super 4 Stage

The Super 4 Stage of the Asia cup will start on 3rd September 2022 in Sharjah. The teams that qualified for the Super 4 stage are India, Pakistan, Afghanistan, and Sri Lanka. In Super 4s, these teams will against each other, and each team will be with the other three. The two teams that qualify for Super 4s will be advanced to Finals which are going to be held on 11th September 2022, at Dubai International Cricket Stadium.

Sri Lanka won Match 1 of the Super Four Asia Cup 2022 against Afghanistan by four wickets. Sri Lanka chased the target set by Afghanistan 175 runs in 20 overs. Sri Lanka made 179 runs in 19.1 overs with the loss of 6 wickets.

The Second match of the Asia Cup 2022 Super Four is between India and Pakistan. India and Pakistan are going to clash for the second time in Asia Cup 2022 on 4th September (Sunday) in Dubai International Cricket Stadium. In the previous match of India vs Pakistan Asia Cup 2022, India won by 5 wickets against Pakistan.

In the second match of Asia Cup 2022 Super Four Stage, India vs Pakistan, Pakistan won by 5 wickets. Pakistan won the toss and toss to bowl first. India made 181 runs with a loss of 7 wickets. Pakistan chased the target by making 182 runs in 19.5 overs with a loss of 5 wickets.

HDFC Bank, Precision selected by RBI for retail payments test phase

HDFC Bank, Precision selected by RBI for retail payments test phase: The Reserve Bank of India has announced that HDFC Bank (in partnership with Sweden-based Crunchfish Aktiebolag) and Precision Biometric India Pvt. Ltd has been selected for the test phase for their ‘offline retail payments’ and ‘InnaIT Key Solution for Banking’ products under the ‘On Tap’ application facilities for the theme ‘Retail Payments’ under the Regulatory Sandbox.

September 2022 Current Affairs Quiz

Key Points Related to ‘Offline Retail Payments

• ‘Offline Retail Payments’ is an HDFC Bank product that provides the capability for customers and merchants to able to pay and receive payments in offline mode.
• This initiative aims to boost the adoption of digital payments in areas of no or low between by enabling transactions without the need for any network connection.
• The ‘InnaIT Key Solution for Banking’ by Precision Biometric product offers a solution enabling biometric tokens which can be used to secure password-less authentication and Additional Factor Authentication (AFA), replacing the OTP for logging into the internet for mobile banking.

First LNG truck facility in India opened by Blue Energy Motors

First LNG truck facility in India: The long-haul, heavy-duty trucks from Blue Energy Motors, which intends to upend the Indian trucking business by producing clean energy, almost zero emissions vehicles, will run on LNG. The business was inaugrated by Union Minister, Nitin Gadkari. Blue Energy Motors has a contract in place with FPT Industrial, the global powertrain brand of the Italian Iveco Group, to launch the first LNG trucks with BS VI-compliant FPT Industrial engines.

September 2022 Current Affairs Quiz

Key Points:

• The introduction of the 5528 4×2 tractor will serve as the first model for the market entry of LNG-fueled trucks.
• Blue Energy Motors claims that its “trucks have been built and tested in compliance with the demanding duty cycles of the Indian transport industry.”
• These trucks, which have high-torque FPT Industrial engines, not only have the best TCO in their class but also provide unparalleled ride comfort and driver safety for long hauls.
• One of the most potent natural gas engines is the FPT Industrial engine, which is also compatible with CNG, LNG, and biomethane.
• To ensure best-in-class fuel consumption and lower noise than diesel engines, it uses multipoint stoichiometric combustion.