{"id":113990,"date":"2022-08-31T12:57:05","date_gmt":"2022-08-31T07:27:05","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=113990"},"modified":"2022-08-31T12:57:08","modified_gmt":"2022-08-31T07:27:08","slug":"current-affairs-for-competitive-exam-31-august-2022","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/current-affairs-for-competitive-exam-31-august-2022\/","title":{"rendered":"Current Affairs for Competitive Exam by Gkseries \u201331 August 2022"},"content":{"rendered":"\n

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,\u00a0Daily Current Affairs 31 August 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.<\/p>\n\n\n\n

Current Affairs for Competitive Exam \u2013 31 August 2022<\/h2>\n\n\n\n

Tata Steel, Punjab Govt ink pact to set up steel plant in Ludhiana<\/a><\/h3>\n\n\n\n
\"Tata<\/figure>\n\n\n\n

Tata Steel has signed an MoU with Punjab government for setting up a 0.75 MnTPA long products steel plant with a scrap-based electric arc furnace (EAF). This initiative will help to set up the greenfield facility at Kadiana Khurd, Hitech Valley, Ludhiana in Punjab. This step is aligned to the company\u2019s goal of achieving Net Zero carbon emission by 2045.<\/p>\n\n\n\n

This steel plant would produce construction grade steel rebar under the\u00a0Company\u2019s flagship retail brand \u2018Tata Tiscon\u2019.<\/p>\n\n\n\n

ICICI Bank partners NPCI to launch RuPay credit cards<\/a><\/h3>\n\n\n\n
\"ICICI<\/figure>\n\n\n\n

ICICI Bank has announced its partnership with National Payments Corporation of India (NPCI) to launch a range of credit cards on payments network RuPay. The ICICI Bank RuPay Credit Card is presently available in the Coral variant of the Bank\u2019s Gemstone series.<\/p>\n\n\n\n

This will be soon followed by\u00a0Rubyx and Sapphiro variants. It is a contactless card that comes with a slew of perks and benefits. NPCI was established in 2008\u00a0for operating retail payments and settlement systems.<\/p>\n\n\n\n

PGIM India Mutual Fund launches Money And Me website<\/a><\/h3>\n\n\n\n
\"PGIM<\/figure>\n\n\n\n

PGIM India Mutual Fund has launched a new investor education and awareness website: MoneyAndMe (https:\/\/moneyandme.pgimindiamf.com\/).<\/p>\n\n\n\n

This website contains exhaustive content on various aspects of personal finance including household budgeting, protection, savings and investing. The company also launched of a consumer awareness campaign \u2013 \u2018Aapka HappinessPlanned\u2019 to promote the MoneyAndMe Initiative<\/p>\n\n\n\n

Aim:\u00a0To help investors dealing with various financial challenges.<\/p>\n\n\n\n

irdai eases firm registration process from 8 to 2 months<\/a><\/h3>\n\n\n\n
\"irdai<\/figure>\n\n\n\n

irdai chairman, debasish panda has announced that irdai has been eased the registration process of new companies by reducing the time taken to process new applications from 8 to 2 months.<\/p>\n\n\n\n

The regulator has created a facilitation cell consisting of two officers for handholding the applicants so that the entity gets its approval to start its operations.<\/p>\n\n\n\n

According to irdai data, the\u00a0insurance penetration in the country is at 4.2% as of 2021, which is higher than china.<\/p>\n\n\n\n

J&K LG, Manoj Sinha inaugurates 8th India International MSME Start-up Expo<\/a><\/h3>\n\n\n\n
\"J&K<\/figure>\n\n\n\n

Lieutenant Governor of Jammu & Kashmir, Manoj Sinha has inaugurated the 8th India International MSME Start-up Expo & Summit at New Delhi. This Expo provides a platform to SMEs, startups, trade, industry, service providers to explore new opportunities for buyers and sellers, and exchange information about federal, state, and local programmes. J&K has one of the fastest growing horticulture markets in the country.<\/p>\n\n\n\n

MSME Minister: Narayan Rane<\/p>\n\n\n\n

Eminent economist, Abhijit Sen passes away<\/a><\/h3>\n\n\n\n
\"Eminent<\/figure>\n\n\n\n

Renowned economist and former Planning Commission member, Abhijit Sen has been passed away at 72 due to heart attack. In his career, he taught economics at Jawaharlal Nehru University, New Delhi and hold several important government positions including the chair of the Commission of Agricultural Cost and Prices.<\/p>\n\n\n\n

He was a member of\u00a0Planning Commission from 2004 to 2014,\u00a0\u00a0during the tenure of PM Manmohan Singh. He was awarded the\u00a0Padma Bhushan for public service in 2010.<\/p>\n\n\n\n

Reliance Industries to infuse \u20b92 lakh cr in Jio 5G<\/a><\/h3>\n\n\n\n
\"Reliance<\/figure>\n\n\n\n

Reliance Industries (RIL) chairman, Mukesh Ambani has announced to invest a whopping \u20b92 lakh crore to build its Pan-India true 5G network.<\/p>\n\n\n\n

The Reliance Jio Infocomm has prepared an ambitious and fastest ever 5G rollout plan for the country. Jio plans to roll out Jio 5G by this Diwali 2022 in metropolises of Delhi, Mumbai, Kolkata, and Chennai. He also announced that Reliance will launch the Nita Mukesh Ambani Junior School.<\/p>\n\n\n\n