Weekly Current Affairs (1st to 7th July 2022) - 1 - UPSC PDF Download

Banking & Financial Awareness

Q.1. Which bank has approved two complementary loans of $500 million each to enhance and support India’s health sector?

Correct Answer is World Bank.

• This $1 Billion financing will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM).
• This scheme was launched in October 2021.

Q.2. What is the name of a learning app, that has been launched by the ICICI Securities?

Correct Answer is ICICIdirect iLearn.

• An aim to provide customers with easy access to learning financial products and market topics.
• This will help customers with this app to better assist them in their investment journey.

Q.3. Which insurance company Ltd has launched a smart solution, ‘Insta confirmation of insurance (Insta-COI)’+?

Correct Answer is Max Life.

• Aim: To customers buying the ‘Max Life Smart Fixed-return Digital Plan’.
• This is a non-linked, non-participating, individual life insurance savings plan on Max Life website or Policybazaar platform.

Q.4. By how much percent the growth of bank deposit has been recorded in March 2022 as compared with 11.9% in 2021, as per the Reserve Bank of India data?

Correct Answer is 10%.

• Current, savings and term deposits have been increased by 10.9%, 13.3% and 7.9%, respectively, during 2021-22.
• The share of current account and savings account (CASA) deposits has been increasing over the years and stood at 44.8% in March 2022 as compared with 41.7% three years ago.

Q.5. Which bank has joined hands with EazyDiner to launch of Dining Delights for the bank customers?

Correct Answer is Axis Bank.

• It offers choice of over 10,000 premium restaurants across India and Dubai.
• 40% discount on specific credit cards at hand-picked premium restaurants in India and Dubai

Q.6. Which platform will be used by ‘Aditya Birla SBI Card' credit card?

Correct Answer is Visa.

• SBI Card has entered into a partnership with Aditya Birla Finance Ltd to launch credit card named Aditya Birla SBI Card..
• This is a rewards-centric credit card, launched in two variants - ‘Aditya Birla SBI Card SELECT’ and ‘Aditya Birla SBI Card’.

Q.7. According to the CRISIL, what would be the real GDP growth for India in FY23?

Correct Answer is 7.3%.

• The downward revision to higher oil prices, slowing of export demand and high inflation.
• The RBI has also estimated 7.2% real GDP growth for this fiscal year.

Q.8. Which General Insurance has joined hands with Avanse Financial Services to provide travel insurance to Indian students?

Correct Answer is Edelweiss General Insurance.

• It offers complete coverage against medical, stay, travel inconvenience-related covers, emergencies and losses.
• Add-ons are: Pay-as-you-drive, pay-how-you-drive and floater policy for vehicles belonging to the same individual owner for two wheelers and private cars.
• Objective: It will make motor insurance more affordable, especially for customers who primarily opt for only third-party (TP) insurance and overlook the benefits of OD covers.

Obituaries

Q.1. Peter Brook, who passed away, was an eminent personality in which field?

Correct Answer is Theatre and cinema director.

• He was born in London and transferred from Britain to Paris in 1970.
• He was received the Tony Award for Best Direction in 1966 for his interpretation of Peter Weiss’ “Marat/Sade,” and in 1970 for the production of Shakespeare’s “A Midsummer Night’s Dream.”

Q.2. Tarun Majumdar, who passed away, he was a veteran?

Correct Answer is Filmmaker.

• He has won National Award four-times and received Padma Shri.
• His first directed film was Chawa Pawa (1959), starring Uttam Kumar and Suchitra Sen.

Q.3. Gopinathan Nair passed away, was a famous ?

Correct Answer is Freedom fighter.

• He had participated in the Quit India Movement in 1942 and imbibed the Gandhian principles of peace and nonviolence in everyday life.
• He was served as chairman of the Kerala Mahatma Gandhi National Memorial Trust, which is managed by the Union Government.

Important Days

Q.1. The Chartered Accountants’ Day or CA Day is observed on which date annually in India?

Correct Answer is 1st July.

• It is also known as ICAI Foundation Day.
• The day is marked to commemorate the foundation of the Institute of Chartered Accountants of India (ICAI) on July 1, 1949.

Q.2. National Doctors’ Day has observed annually on which dare in India by the Indian Medical Association (IMA)?

Correct Answer is 1st July.

• Theme 2022: “Family Doctors on the Front Line."
• First time, this day celebrated in 1991 on July 1 to honour Dr Bidhan Chandra Roy, whose birth and death anniversary, both fall on July 1.

Q.3. The first Saturday of July has been observed as which day?

Correct Answer is International Day of Cooperatives.

• This year, the International Day of Cooperatives is being observed on July 2.
• Theme 2022: Cooperatives Build a Better World.

Q.4. The World UFO Day (WUD) is observed on which date annually?

Correct Answer is 2nd July.

• It is a day dedicated to the undoubted existence of Unidentified Flying Objects (UFO) by World UFO Day Organization (WUFODO).
• To raise awareness about the existence of UFOs.

Q.5. World Sports Journalists Day is observed on which date every year?

Correct Answer is 2nd July.

• To celebrate the services of sports journalists for the promotion of sports.
• The International Sports Press Association (AIPS) established the World Sports Journalist Day in 1994.

Q.6. On which date International Plastic Bag Free Day annually?

Correct Answer is 3rd July.

• To raise the awareness about the issue of plastic pollution on the planet.
• This day was first observed on July 3, 2008, by a member of Zero Waste Europe (ZWE) Rezero in Catalonia

Q.7. World Zoonoses Day is marked annually on which date to commemorate the first vaccination administered against a zoonotic disease?

Correct Answer is 6th July.

• To educate and raise awareness about zoonotic diseases that can transmit from animals to humans.
• It commemorates French biologist Louis Pasteur, who administered the first dose of the first vaccine against rabies.

Q.8. World Kiswahili Language Day is observed on which date annually?

Correct Answer is 7th July.

• Kiswahili is one of the most widely spoken languages in Africa and the most widely spoken in sub-Saharan Africa.
• This is also the only African language that is an official language of the African Union.

New Appointments

Q.1. Who has become the 20th Chief Minister of Maharashtra?

Correct Answer is Eknath Shinde.

• BJP leader, Devendra Fadnavis was sworn-in as Deputy Chief Minister of the state.
• Devendra Fadnavis had served as the CM of Maharashtra from 2014-19.

Q.2. Who has been officially became the 14th prime minister of Israel, after replacing Naftali Bennett?

Correct Answer is Yair Lapid.

• His term could be a fairly short one, as he takes over a caretaker government ahead of national elections on November 1.
• He is a former journalist who serving as PM of Israel since July 1, 2022.

Q.3. Who has been appointed as a brand ambassador of PokerBaazi?

Correct Answer is Shahid Kapoor.

• To create a robust ecosystem for Poker in India.
• According to research firm Statista, the online gaming industry across India was valued at around ₹79 billion in 2021, marking a leap from about ₹65 billion in 2020.

Q.4. Who has been appointed as President of world's anti-terrorism financing agency, Financial Action Task Force (FATF) for two years (July 2022 -June 2024)?

Correct Answer is T Raja Kumar.

• He succeeded Dr Marcus Pleyer, who served as the chief of the FATF.
• He will be responsible for enhancing the effectiveness of global anti-money laundering and counter-terrorist financing measures.

Q.5. Who was elected as the 16th Speaker of the Maharashtra Legislative Assembly after defeating Rajan Salvi (Shiv Sena candidate)?

Correct Answer is Rahul Narwekar.

• The post of the Maharashtra Speaker was vacant after Nana Patole (Congress) resigned from the office in February 2021.

Q.6. Who has been appointed as the new chief executive officer and managing director of Aviva India, with effect from July 11, 2022?

Correct Answer is Asit Rath.

• He will replace Amit Malik, who is leaving the business after 10 years.
• Currently, He is working as the CEO of Prudential Myanmar Life Insurance.

Q.7. Who has been appointed as the new brand ambassador for FanCode?

Correct Answer is Ravi Shastri

• FanCode is set to host some of the best cricketing action with exclusive rights to India’s tour of the West Indies and ECB’s The Hundred.
• Shastri will bring out FanCode’s ‘fan-first’ proposition by leading the upcoming campaigns for these properties.

Q.8. Who has been appointed as the president of the Association of Indian Universities (AIU)?

Correct Answer is Vice-Chancellor of Jadavpur University, Suranjan Das.

• His one year tenure has come into effect from July 1
• Earlier, he was a Professor of History at the University of Calcutta and served the Vice Chancellor at University of Calcutta for the period between 2008 and 2015.

Q.9. Who has been reappointed as MD & CEO of Manappuram Finance with effect from 27 July 2022 upto 31 March 2024?

Correct Answer is VP Nandakumar.

• He is post graduate in science with additional qualifications in Banking & Foreign Trade.
• He started his banking career with Nedungadi Bank. In 1992, he promoted Manappuram Finance and has been a director of the company since then.

Q.10. Who has been assigned the charge of Ministry of Minority Affairs after the resignation of Mukhtar Abbas Naqvi?

Correct Answer is Smriti Irani.

• Jyotiraditya Scindia has been given the additional charge of the Ministry of Steel after the resignation of Ram Chandra Prasad Singh.

Q.11. Who has been appointed as Force Commander of the United Nations Mission in South Sudan (UNMISS)?

Correct Answer is Lt Gen Mohan Subramanian.

• He succeeds Lt Gen Shailesh Tinaikar (India).
• Presently, he is serving as the Commandant of Defence Services Staff College, Wellington.