IRDAI conducts First Hackathon named Bima Manthan 2022<\/a><\/h3>\n\n\n\n![\"IRDAI](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/08\/IRDAI-conducts-First-Hackathon-named-Bima-Manthan-2022.jpg\")
<\/figure>\n\n\n\nInsurance Regulatory and Development Authority of India has organized its first hackathon named \u201cBima Manthan 2022\u201d.<\/p>\n\n\n\n
Theme: Innovation in Insurance<\/p>\n\n\n\n
Aim: To identify and develop solutions that have the potential to make the insurance available to every individual.<\/p>\n\n\n\n
Problem areas:\u00a0Automated Death Claim settlement, miss-selling of Insurance products, identify uninsured motor vehicles, distribution of insurance products, Fraud prevention in motor insurance.<\/p>\n\n\n\n
Former BCCI Secretary Amitabh Choudhary passes away<\/a><\/h3>\n\n\n\n![\"Former](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/08\/Former-BCCI-Secretary-Amitabh-Choudhary-passes-away.jpg\")
<\/figure>\n\n\n\nAmitabh Chaudhary, the former BCCI acting secretary and president of Jharkhand State Cricket Association (JSCA) died of heart attack on Tuesday morning.
He was 58. He served as acting secretary of the BCCI until 2019. He entered cricket administration in 2004 and served as the Jharkhand State Cricket Association (JSCA) president for over a decade.<\/p>\n\n\n\n
Career of Amitabh Chaudhary:<\/strong><\/p>\n\n\n\nChoudhary was first appointed as team manager of the Indian team in 2005 on their tour of Zimbabwe, remembered for the acrimony between Sourav Ganguly and Greg Chappell. Choudhary also served as BCCI\u2019s joint-secretary from 2013 to 2015 during Anurag Thakur\u2019s reign as BCCI president.<\/p>\n\n\n\n
He was a retired senior IPS officer, who rose to the rank of IGP with the Jharkhand Police and was the chairman of the Jharkhand Public Service Commission. He played a crucial role in developing infrastructure for Jharkhand cricket.<\/p>\n\n\n\n
Ireland\u2019s Kevin O\u2019Brien announces retirement from International Cricket<\/a><\/h3>\n\n\n\n![\"Ireland\u2019s](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/08\/Irelands-Kevin-OBrien-announces-retirement-from-International-Cricket.jpg\")
<\/figure>\n\n\n\nIreland all-rounder Kevin O\u2019Brien on Tuesday announced his retirement from international cricket after falling out of contention for this year\u2019s T20 World Cup in Australia. O\u2019Brien played three Tests, 153 one-day internationals and 110 T20 internationals during a 16-year international career and had spells with a number of English county clubs and T20 franchise sides around the world.<\/p>\n\n\n\n
The 38-year-old famously blasted the Irish to victory over\u00a0England in a 2011 World Cup group match in India\u00a0with a 50-ball century\u2014still the tournament\u2019s quickest. The Dubliner scored\u00a09,048 runs in total for Ireland,\u00a0including the country\u2019s first Test hundred, a second-innings knock of\u00a0118 against Pakistan in 2018, and took 276 wickets.<\/p>\n\n\n\n
Indian Railways launches Operation Yatri Suraksha<\/a><\/h3>\n\n\n\n![\"Indian](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/08\/Indian-Railways-launches-Operation-Yatri-Suraksha.jpg\")
<\/figure>\n\n\n\nThe Railway Protection Force (RPF) launched a pan-India operation known as Operation Yatri Suraksha to provide round-the-clock security to passengers.<\/p>\n\n\n\n
It\u00a0facilities surveillance through CCTV,\u00a0checking on active criminals, presence of a person at different stations to reduce crime. The RPF has launched a month-long pan-India drive against criminals who loot passengers in July 2022. The RPF caught 365 suspects who were handed over to the concerned GRPs for legal action.<\/p>\n\n\n\n
Bank of Baroda introduce new deposit products<\/a><\/h3>\n\n\n\n![\"Bank](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/08\/Bank-of-Baroda-introduce-new-deposit-products.jpg\")
<\/figure>\n\n\n\nBank of Baroda (BoB) has launched the \u2018Baroda Tiranga Deposit Scheme\u2019, a special retail term deposit product that offers interest rates of 5.75% for 444 days and 6% for 555 days.<\/p>\n\n\n\n
This scheme is applicable on retail deposits below \u20b92 crore and remain in force till December 31, 2022. Senior citizens will earn an additional interest rate of 0.50%, while non-callable deposits will get 0.15% extra.<\/p>\n\n\n\n
BoB Headquarters:\u00a0Alkapuri, Vadodara;\u00a0CEO:\u00a0Sanjiv Chadha.<\/p>\n\n\n\n
Yes Bank partners with SellerApp to facilitate adoption of ONDC<\/a><\/h3>\n\n\n\n![\"Yes](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/08\/Yes-Bank-partners-with-SellerApp-to-facilitate-adoption-of-ONDC.jpg\")
<\/figure>\n\n\n\nYes Bank has announced its partnership with SellerApp (a seller-centric intelligence platform) to adopt Open Network Digital Commerce (ONDC).<\/p>\n\n\n\n
This partnership will help them to expand their digital commerce footprint. ONDC is a strategic initiative of the Indian government with an aim to democratize the entire digital commerce space.<\/p>\n\n\n\n
The network is also being built as an alternative to e-tailers like Walmart-owned Flipkart and Amazon in the Indian ecommerce market.\u00a0<\/p>\n\n\n\n
Rajkiran Rai named as new MD of NaBFID<\/a><\/h3>\n\n\n\n![\"Rajkiran](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/08\/Rajkiran-Rai-named-as-new-MD-of-NaBFID.jpg\")
<\/figure>\n\n\n\nThe Centre and the board of the National Bank for Financing Infrastructure and Development (NaBFID) has appointed Rajkiran Rai G as its managing director (MD) for the next five years. The board of NaBFID approved Rai\u2019s appointment on July 30 based on clearance by the RBI, centre and the Development finance institutions (DFI) nomination and remuneration committee. Rai took charge as the DFI\u2019s MD on August 8, and will hold the top post till May 18, 2027, according to details of the appointment.<\/p>\n\n\n\n
The DFI is looking to commence its operations soon. The Centre, in October 2021, had appointed K V Kamath as chairperson of the government-owned DFI. Subsequently, government nominees Pankaj Jain and Sumita Dawra were appointed directors to the board of DFI. The government has already infused Rs 20,000 crore into NaBFID to help the DFI start its operations to catalyse investment in the infrastructure sector.<\/p>\n\n\n\n
Sikkim launched schemes for women\u2019s welfare<\/a><\/h3>\n\n\n\n![\"Sikkim](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/08\/Sikkim-launched-schemes-for-womens-welfare.jpg\")
<\/figure>\n\n\n\nSikkim Chief Minister, P S Tamang has launched two welfare schemes for women \u2013 \u2018Aama Yojana\u2019 and \u2018Vatsalya Yojana\u2019.<\/p>\n\n\n\n
Aama Yojana:<\/p>\n\n\n\n
- All unemployed mothers in the state will receive Rs 20,000 annually.<\/li>
- Amount will be deposited in their bank accounts.<\/li><\/ul>\n\n\n\n
Vatsalya Yojana:<\/p>\n\n\n\n
- An aid of\u00a0Rs 3 lakh\u00a0will be\u00a0provided to childless women\u00a0for in vitro fertilization treatment.<\/li>
- The amount will be\u00a0given in two phases\u00a0(Rs 1 lakh in the first and Rs two lakh in the last phase).<\/li><\/ul>\n\n\n\n
Karnataka Bank launches new Term Deposit Scheme KBL Amrit Samriddhi<\/a><\/h3>\n\n\n\n![\"Karnataka](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/08\/Karnataka-Bank-launches-new-Term-Deposit-Scheme-KBL-Amrit-Samriddhi.jpg\")
<\/figure>\n\n\n\nKarnataka Bank has launched a new Term Deposit Scheme, KBL Amrit Samriddhi under ACC and Fixed Deposit for a tenure of 75 weeks (525 days), will be available for a limited time.<\/p>\n\n\n\n
The interest rate for this Deposit Scheme is 6.10% per annum. With the new product, KBL Amrit Samriddhi, the bank has extended the benefit of increase in the interest rates to customers.<\/p>\n\n\n\n
Karnataka Bank MD & CEO: Mahabaleshwara M S;<\/p>\n\n\n\n
Headquarters: Mangaluru<\/p>\n\n\n\n
BRO to build first steel slag road in Arunachal Pradesh<\/a><\/h3>\n\n\n\n![\"BRO](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/08\/BRO-to-build-first-steel-slag-road-in-Arunachal-Pradesh.jpg\")
<\/figure>\n\n\n\nThe\u00a0Border Road Organization (BRO)\u00a0will construct a\u00a0pilot road\u00a0using\u00a0steel slag Arunachal Pradesh,\u00a0which can withstand\u00a0heavy rains and adverse climatic conditions.<\/p>\n\n\n\n
If this found successful, then this can become a big solution for building durable roads along the strategic areas.<\/p>\n\n\n\n
This project has been initiated after the success of using 100% steel slag on a port connectivity road in Gujarat, which has longer life and built at low cost. <\/p>\n\n\n\n
BRO HQ: New Delhi<\/p>\n","protected":false},"excerpt":{"rendered":"
Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That\u2019s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 18 August 2022, we have tried to cover each and every point and also included all […]<\/p>\n","protected":false},"author":894,"featured_media":113304,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4851],"tags":[1475],"offerexpiration":[],"class_list":["post-113302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-august-2022","tag-daily-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=113302"}],"version-history":[{"count":2,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113302\/revisions"}],"predecessor-version":[{"id":113305,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113302\/revisions\/113305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/113304"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=113302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=113302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=113302"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=113302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/figure>\n\n\n\nInsurance Regulatory and Development Authority of India has organized its first hackathon named \u201cBima Manthan 2022\u201d.<\/p>\n\n\n\n
Theme: Innovation in Insurance<\/p>\n\n\n\n
Aim: To identify and develop solutions that have the potential to make the insurance available to every individual.<\/p>\n\n\n\n
Problem areas:\u00a0Automated Death Claim settlement, miss-selling of Insurance products, identify uninsured motor vehicles, distribution of insurance products, Fraud prevention in motor insurance.<\/p>\n\n\n\n
Former BCCI Secretary Amitabh Choudhary passes away<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nAmitabh Chaudhary, the former BCCI acting secretary and president of Jharkhand State Cricket Association (JSCA) died of heart attack on Tuesday morning.
He was 58. He served as acting secretary of the BCCI until 2019. He entered cricket administration in 2004 and served as the Jharkhand State Cricket Association (JSCA) president for over a decade.<\/p>\n\n\n\n
Career of Amitabh Chaudhary:<\/strong><\/p>\n\n\n\nChoudhary was first appointed as team manager of the Indian team in 2005 on their tour of Zimbabwe, remembered for the acrimony between Sourav Ganguly and Greg Chappell. Choudhary also served as BCCI\u2019s joint-secretary from 2013 to 2015 during Anurag Thakur\u2019s reign as BCCI president.<\/p>\n\n\n\n
He was a retired senior IPS officer, who rose to the rank of IGP with the Jharkhand Police and was the chairman of the Jharkhand Public Service Commission. He played a crucial role in developing infrastructure for Jharkhand cricket.<\/p>\n\n\n\n
Ireland\u2019s Kevin O\u2019Brien announces retirement from International Cricket<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nIreland all-rounder Kevin O\u2019Brien on Tuesday announced his retirement from international cricket after falling out of contention for this year\u2019s T20 World Cup in Australia. O\u2019Brien played three Tests, 153 one-day internationals and 110 T20 internationals during a 16-year international career and had spells with a number of English county clubs and T20 franchise sides around the world.<\/p>\n\n\n\n
The 38-year-old famously blasted the Irish to victory over\u00a0England in a 2011 World Cup group match in India\u00a0with a 50-ball century\u2014still the tournament\u2019s quickest. The Dubliner scored\u00a09,048 runs in total for Ireland,\u00a0including the country\u2019s first Test hundred, a second-innings knock of\u00a0118 against Pakistan in 2018, and took 276 wickets.<\/p>\n\n\n\n
Indian Railways launches Operation Yatri Suraksha<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Railway Protection Force (RPF) launched a pan-India operation known as Operation Yatri Suraksha to provide round-the-clock security to passengers.<\/p>\n\n\n\n
It\u00a0facilities surveillance through CCTV,\u00a0checking on active criminals, presence of a person at different stations to reduce crime. The RPF has launched a month-long pan-India drive against criminals who loot passengers in July 2022. The RPF caught 365 suspects who were handed over to the concerned GRPs for legal action.<\/p>\n\n\n\n
Bank of Baroda introduce new deposit products<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nBank of Baroda (BoB) has launched the \u2018Baroda Tiranga Deposit Scheme\u2019, a special retail term deposit product that offers interest rates of 5.75% for 444 days and 6% for 555 days.<\/p>\n\n\n\n
This scheme is applicable on retail deposits below \u20b92 crore and remain in force till December 31, 2022. Senior citizens will earn an additional interest rate of 0.50%, while non-callable deposits will get 0.15% extra.<\/p>\n\n\n\n
BoB Headquarters:\u00a0Alkapuri, Vadodara;\u00a0CEO:\u00a0Sanjiv Chadha.<\/p>\n\n\n\n
Yes Bank partners with SellerApp to facilitate adoption of ONDC<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nYes Bank has announced its partnership with SellerApp (a seller-centric intelligence platform) to adopt Open Network Digital Commerce (ONDC).<\/p>\n\n\n\n
This partnership will help them to expand their digital commerce footprint. ONDC is a strategic initiative of the Indian government with an aim to democratize the entire digital commerce space.<\/p>\n\n\n\n
The network is also being built as an alternative to e-tailers like Walmart-owned Flipkart and Amazon in the Indian ecommerce market.\u00a0<\/p>\n\n\n\n
Rajkiran Rai named as new MD of NaBFID<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Centre and the board of the National Bank for Financing Infrastructure and Development (NaBFID) has appointed Rajkiran Rai G as its managing director (MD) for the next five years. The board of NaBFID approved Rai\u2019s appointment on July 30 based on clearance by the RBI, centre and the Development finance institutions (DFI) nomination and remuneration committee. Rai took charge as the DFI\u2019s MD on August 8, and will hold the top post till May 18, 2027, according to details of the appointment.<\/p>\n\n\n\n
The DFI is looking to commence its operations soon. The Centre, in October 2021, had appointed K V Kamath as chairperson of the government-owned DFI. Subsequently, government nominees Pankaj Jain and Sumita Dawra were appointed directors to the board of DFI. The government has already infused Rs 20,000 crore into NaBFID to help the DFI start its operations to catalyse investment in the infrastructure sector.<\/p>\n\n\n\n
Sikkim launched schemes for women\u2019s welfare<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nSikkim Chief Minister, P S Tamang has launched two welfare schemes for women \u2013 \u2018Aama Yojana\u2019 and \u2018Vatsalya Yojana\u2019.<\/p>\n\n\n\n
Aama Yojana:<\/p>\n\n\n\n
- All unemployed mothers in the state will receive Rs 20,000 annually.<\/li>
- Amount will be deposited in their bank accounts.<\/li><\/ul>\n\n\n\n
Vatsalya Yojana:<\/p>\n\n\n\n
- An aid of\u00a0Rs 3 lakh\u00a0will be\u00a0provided to childless women\u00a0for in vitro fertilization treatment.<\/li>
- The amount will be\u00a0given in two phases\u00a0(Rs 1 lakh in the first and Rs two lakh in the last phase).<\/li><\/ul>\n\n\n\n
Karnataka Bank launches new Term Deposit Scheme KBL Amrit Samriddhi<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nKarnataka Bank has launched a new Term Deposit Scheme, KBL Amrit Samriddhi under ACC and Fixed Deposit for a tenure of 75 weeks (525 days), will be available for a limited time.<\/p>\n\n\n\n
The interest rate for this Deposit Scheme is 6.10% per annum. With the new product, KBL Amrit Samriddhi, the bank has extended the benefit of increase in the interest rates to customers.<\/p>\n\n\n\n
Karnataka Bank MD & CEO: Mahabaleshwara M S;<\/p>\n\n\n\n
Headquarters: Mangaluru<\/p>\n\n\n\n
BRO to build first steel slag road in Arunachal Pradesh<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe\u00a0Border Road Organization (BRO)\u00a0will construct a\u00a0pilot road\u00a0using\u00a0steel slag Arunachal Pradesh,\u00a0which can withstand\u00a0heavy rains and adverse climatic conditions.<\/p>\n\n\n\n
If this found successful, then this can become a big solution for building durable roads along the strategic areas.<\/p>\n\n\n\n
This project has been initiated after the success of using 100% steel slag on a port connectivity road in Gujarat, which has longer life and built at low cost. <\/p>\n\n\n\n
BRO HQ: New Delhi<\/p>\n","protected":false},"excerpt":{"rendered":"
Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That\u2019s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 18 August 2022, we have tried to cover each and every point and also included all […]<\/p>\n","protected":false},"author":894,"featured_media":113304,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4851],"tags":[1475],"offerexpiration":[],"class_list":["post-113302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-august-2022","tag-daily-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=113302"}],"version-history":[{"count":2,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113302\/revisions"}],"predecessor-version":[{"id":113305,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113302\/revisions\/113305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/113304"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=113302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=113302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=113302"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=113302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/figure>\n\n\n\nAmitabh Chaudhary, the former BCCI acting secretary and president of Jharkhand State Cricket Association (JSCA) died of heart attack on Tuesday morning.
He was 58. He served as acting secretary of the BCCI until 2019. He entered cricket administration in 2004 and served as the Jharkhand State Cricket Association (JSCA) president for over a decade.<\/p>\n\n\n\n
Career of Amitabh Chaudhary:<\/strong><\/p>\n\n\n\n Choudhary was first appointed as team manager of the Indian team in 2005 on their tour of Zimbabwe, remembered for the acrimony between Sourav Ganguly and Greg Chappell. Choudhary also served as BCCI\u2019s joint-secretary from 2013 to 2015 during Anurag Thakur\u2019s reign as BCCI president.<\/p>\n\n\n\n He was a retired senior IPS officer, who rose to the rank of IGP with the Jharkhand Police and was the chairman of the Jharkhand Public Service Commission. He played a crucial role in developing infrastructure for Jharkhand cricket.<\/p>\n\n\n\n Ireland all-rounder Kevin O\u2019Brien on Tuesday announced his retirement from international cricket after falling out of contention for this year\u2019s T20 World Cup in Australia. O\u2019Brien played three Tests, 153 one-day internationals and 110 T20 internationals during a 16-year international career and had spells with a number of English county clubs and T20 franchise sides around the world.<\/p>\n\n\n\n The 38-year-old famously blasted the Irish to victory over\u00a0England in a 2011 World Cup group match in India\u00a0with a 50-ball century\u2014still the tournament\u2019s quickest. The Dubliner scored\u00a09,048 runs in total for Ireland,\u00a0including the country\u2019s first Test hundred, a second-innings knock of\u00a0118 against Pakistan in 2018, and took 276 wickets.<\/p>\n\n\n\n The Railway Protection Force (RPF) launched a pan-India operation known as Operation Yatri Suraksha to provide round-the-clock security to passengers.<\/p>\n\n\n\n It\u00a0facilities surveillance through CCTV,\u00a0checking on active criminals, presence of a person at different stations to reduce crime. The RPF has launched a month-long pan-India drive against criminals who loot passengers in July 2022. The RPF caught 365 suspects who were handed over to the concerned GRPs for legal action.<\/p>\n\n\n\n Bank of Baroda (BoB) has launched the \u2018Baroda Tiranga Deposit Scheme\u2019, a special retail term deposit product that offers interest rates of 5.75% for 444 days and 6% for 555 days.<\/p>\n\n\n\n This scheme is applicable on retail deposits below \u20b92 crore and remain in force till December 31, 2022. Senior citizens will earn an additional interest rate of 0.50%, while non-callable deposits will get 0.15% extra.<\/p>\n\n\n\n BoB Headquarters:\u00a0Alkapuri, Vadodara;\u00a0CEO:\u00a0Sanjiv Chadha.<\/p>\n\n\n\n Yes Bank has announced its partnership with SellerApp (a seller-centric intelligence platform) to adopt Open Network Digital Commerce (ONDC).<\/p>\n\n\n\n This partnership will help them to expand their digital commerce footprint. ONDC is a strategic initiative of the Indian government with an aim to democratize the entire digital commerce space.<\/p>\n\n\n\n The network is also being built as an alternative to e-tailers like Walmart-owned Flipkart and Amazon in the Indian ecommerce market.\u00a0<\/p>\n\n\n\n The Centre and the board of the National Bank for Financing Infrastructure and Development (NaBFID) has appointed Rajkiran Rai G as its managing director (MD) for the next five years. The board of NaBFID approved Rai\u2019s appointment on July 30 based on clearance by the RBI, centre and the Development finance institutions (DFI) nomination and remuneration committee. Rai took charge as the DFI\u2019s MD on August 8, and will hold the top post till May 18, 2027, according to details of the appointment.<\/p>\n\n\n\n The DFI is looking to commence its operations soon. The Centre, in October 2021, had appointed K V Kamath as chairperson of the government-owned DFI. Subsequently, government nominees Pankaj Jain and Sumita Dawra were appointed directors to the board of DFI. The government has already infused Rs 20,000 crore into NaBFID to help the DFI start its operations to catalyse investment in the infrastructure sector.<\/p>\n\n\n\n Sikkim Chief Minister, P S Tamang has launched two welfare schemes for women \u2013 \u2018Aama Yojana\u2019 and \u2018Vatsalya Yojana\u2019.<\/p>\n\n\n\n Aama Yojana:<\/p>\n\n\n\n Vatsalya Yojana:<\/p>\n\n\n\n Karnataka Bank has launched a new Term Deposit Scheme, KBL Amrit Samriddhi under ACC and Fixed Deposit for a tenure of 75 weeks (525 days), will be available for a limited time.<\/p>\n\n\n\n The interest rate for this Deposit Scheme is 6.10% per annum. With the new product, KBL Amrit Samriddhi, the bank has extended the benefit of increase in the interest rates to customers.<\/p>\n\n\n\n Karnataka Bank MD & CEO: Mahabaleshwara M S;<\/p>\n\n\n\n Headquarters: Mangaluru<\/p>\n\n\n\n The\u00a0Border Road Organization (BRO)\u00a0will construct a\u00a0pilot road\u00a0using\u00a0steel slag Arunachal Pradesh,\u00a0which can withstand\u00a0heavy rains and adverse climatic conditions.<\/p>\n\n\n\n If this found successful, then this can become a big solution for building durable roads along the strategic areas.<\/p>\n\n\n\n This project has been initiated after the success of using 100% steel slag on a port connectivity road in Gujarat, which has longer life and built at low cost. <\/p>\n\n\n\n BRO HQ: New Delhi<\/p>\n","protected":false},"excerpt":{"rendered":" Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That\u2019s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 18 August 2022, we have tried to cover each and every point and also included all […]<\/p>\n","protected":false},"author":894,"featured_media":113304,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4851],"tags":[1475],"offerexpiration":[],"class_list":["post-113302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-august-2022","tag-daily-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=113302"}],"version-history":[{"count":2,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113302\/revisions"}],"predecessor-version":[{"id":113305,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113302\/revisions\/113305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/113304"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=113302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=113302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=113302"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=113302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ireland\u2019s Kevin O\u2019Brien announces retirement from International Cricket<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nIndian Railways launches Operation Yatri Suraksha<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nBank of Baroda introduce new deposit products<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nYes Bank partners with SellerApp to facilitate adoption of ONDC<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nRajkiran Rai named as new MD of NaBFID<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nSikkim launched schemes for women\u2019s welfare<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nKarnataka Bank launches new Term Deposit Scheme KBL Amrit Samriddhi<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nBRO to build first steel slag road in Arunachal Pradesh<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\n