August Week 3 Content
August Week 3 Content
August Week 3 Content
Current Affairs Weekly PDF – August 2022 – 3rd Week (17 - 24)
NATIONAL AFFAIRS
✓ The 1.2 km Hazira port (Gujarat) approved StartUp loan of Rs 1.15 crores to M/s TGP
connectivity stretch was a research and Bioplastics Private Limited, Satara
development (R&D) project carried out by (Maharashtra) for commercializing compostable
CSIR-CRRI (Council of Scientific and plastic which will mitigate the usage of Single Use
Industrial Research-Central Road Research Plastics (SUP).
Institute) in collaboration with a major steel ✓ This project has received seed funding
manufacturer and the Ministry of Steel. under National Initiative for Developing and
✓ BRO: Director General- Lt. Gen. Rajeev Harnessing Innovations- NIDHI Prayas of
Chaudhary; HQ- New Delhi, Delhi Department of Science & Technology
(DST); National Institution for
India’s 76th Independence Day 2022 Transforming India- NITI Aayog;
and United Nations Industrial
Celebrations & Awards – August 15,
Development Organisation (UNIDO) for
2022 the prototype development.
On August 15, 2022, India and Indians around the ✓ Composite is a unique blend of
world celebrated the 76th Independence Day, Thermoplastic-Starch (TPS)-glycerin with
marking the beginning of a period of freedom from some chemical modifications that provides
the more than 200-year oppression of British higher strength with low manufacturing
colonialism. cost. Click here to read more.
✓ The Indian Independence Bill, which
created the independent nations of India
and Pakistan from the former Mughal
Centre launches Early Childhood
Empire, came into effect at midnight on Development Conclave, Paalan
August 15, 1947. 1000 National Campaign and Parenting
✓ The Government of India has launched app
the Azadi Ka Amrit Mahotsav to Union Minister of State(MoS) for Health and Family
commemorate and celebrate 75 years of Welfare, Bharati Pravin Pawar virtually launched
independence as well as the glorious past of the Early Childhood Development Conclave, Paalan
its people, culture, and achievements. 1000 National Campaign and Parenting App in
✓ The inaugural journey of Azadi ka Amrit Mumbai, Maharashtra.
Mahotsav began on March 12, 2021, ✓ Paalan focuses on the cognitive
commencing a 75-week countdown to the developments of children in the first 2 years
75th anniversary of independence. It will of their life.
conclude post a year on August 15, 2023. ✓ The programme is aligned with the mission
✓ During his Independence Day 2022 speech of the Rashtriya Bal Swasthya Karyakram
at the Red Fort, PM Narendra Modi gave the (RBSK), emphasizing responsive care and
slogan “Jai Anusandhan” (innovation) and focusing interventions on the first 1000
urged the nation to move forward while days.
focusing on the “Panch Pran” (5 pledges)
for the upcoming 25 years. Click here to
MP’s Tribal-Dominated Mandla Becomes
read more.
India’s First Full Functional Literate
District
MoS Dr Jitendra Singh
Mandla, a district in Madhya Pradesh (MP), which
approves StartUp Loan of Rs 1.15cr to is a tribal-dominated region has become
TGP Bioplastics for commercializing India’s first fully functionally literate district.
Compostable Plastic ✓ In 2020, the district administration has
The Minister of State (MoS) Dr Jitendra Singh, launched a campaign “Niraksharta Se Azadi
Ministry of Science & Technology (MoST) has
Goa becomes 1st ‘Har Ghar Jal’ Certified ✓ Jharkhand became the 1st Indian state to
State & D&NH and D&D becomes 1st ‘Har implement blockchain technology which is
being used to track seed distribution.
Ghar Jal’ Certified UT in India
✓ This aims at reducing pilferage and avoids
Goa becomes the first ‘Har Ghar Jal’ certified State
spurious seeds that farmers receive through
while Dadra & Nagar Haveli and Daman & Diu
various government schemes including the
(D&NH and D&D) becomes the first ‘Har Ghar Jal’
seed exchange scheme.
certified Union Territory (UT) in India.
✓ Jal Jeevan Mission(JJM) is a flagship
programme of the Government of Steel Ministry extends PLI scheme for
India(GoI) announced on August 15, 2019. Specialty Steel to September 15, 2022
‘Har Ghar Jal’ is a flagship programme of The Union Ministry of Steel extended the last date
GoI, implemented by Jal Jeevan Mission for receipt of applications under the Production
under the Ministry of Jal Shakti. Linked Incentive (PLI) Scheme for Specialty Steel
✓ JJM aims to make provision of potable tap till September 15, 2022 from July 31, 2022.
water supply in adequate quantity, of ✓ In July 2021, the Union Cabinet approved
prescribed quality and on regular & long- the PLI Scheme for Specialty Steel in India
term basis to every rural household of the which will be implemented over FY 2024-
country by 2024. 25 to FY 2029-30 with a budgetary outlay of
Rs 6,322 crore.
Jharkhand Becomes First State in India ✓ 5 categories of specialty steel have been
chosen in the PLI Scheme viz. coated/plated
to Use Blockchain Technology for Seed
steel products, high strength/wear resistant
Distribution steel, specialty rails, alloy steel products
Jharkhand’s Directorate of and steel wires, and electrical steel.
Agriculture and SettleMint, a blockchain tech
company, implemented the distribution of seed to
farmers using a blockchain-based platform.
Union Defence Minister Rajnath Singh BSF & IRCTC Signed MoU to ensure
Hands Over Indigenously Developed safety of booking data under Air E-
Equipment & Systems to Indian Army Ticket Service
Union Minister Rajnath Singh, Minister of Defence MoU b/w: Border Security Force (BSF) & Indian
(MoD), has handed over indigenously developed Railway Catering and Tourism
equipment and systems to the Indian Army in New Corporation (IRCTC)
Delhi, Delhi. Purpose: to ensure the safety and security of
✓ The equipment/systems have been jointly booking data for BSF personnel with low
developed by the Indian Army, Defence cancellation charges and provided an online portal
Public Sector Undertakings (DPSUs), with a credit facility of 60 days.
Defence Research & Development ✓ This will enable better facilities to the BSF
Organization (DRDO), and industry with a personnel who guard 3,323 km of India-
vision to modernize the Armed Forces Pakistan and 4,096 km India-Bangladesh
under the “AatmaNirbhar Bharat Abhiyan.” borders.
✓ He has also unveiled the Scales of
Accommodation (SoA) 2022, which Union Minister Parshottam Rupala
authorizes the construction of facilities for
Chaired 9th Governing Body Meeting of
the operational, functional, training,
administrative, living, and recreation needs NFDB
of Defence Services. Click Here to Read Union Minister Parshottam Rupala, Ministry of
More About the Details of the Equipment Fisheries, Animal Husbandry & Dairying, presided
& Systems Handed Over to The Indian over the 9th governing body meeting of
Army the National Fisheries Development
Board (NFDB), which was held in New Delhi, Delhi.
✓ During the event, Parshottam Rupala
India Hands Over Dornier Maritime released a book titled “Super Success
Surveillance Aircraft to Sri Lanka Navy Stories from Indian Fisheries” published
India presented a Dornier Maritime Surveillance by NFDB.
Aircraft (Dornier 228) to the Sri Lanka Navy in ✓ He also unveiled the online marketplace
the presence of Ranil Wickremesinghe, President of feature “Aqua Bazar” in the “MatsyaSetu”
Sri Lanka, during a special ceremony conducted at mobile app developed by ICAR-Central
the Sri Lanka Airforce base in Katunayake, Sri Institute of Freshwater Aquaculture (ICAR-
Lanka. CIFA), Bhubaneswar (Odisha) with funding
✓ The Dornier was presented as a response to from NFDB under the Pradhan
Sri Lanka’s request for two Dornier Mantri Matsya Sampada Yojana (PMMSY).
reconnaissance aircraft from India in 2018
to boost its maritime surveillance
Home Minister Amit Shah Inaugurated
capabilities.
✓ As a result, India would give Sri Lanka with the National Security Strategies
two Dornier aircraft manufactured by the Conference 2022 in New Delhi
state-owned Hindustan Aeronautics Limited Union Home Minister, Amit Shah inaugurated a 2-
(HAL). day National Security
Strategies (NSS) Conference 2022 in New Delhi,
Delhi. The NSS Conference 2022 was attended by
600 officers from across India, physically and
virtually.
✓ He also inaugurated the National
Automated Fingerprint Identification
System (NAFIS) developed by National Purpose: for an exploration of oil and gas in the
Crime Records Bureau (NCRB). deep sea on India’s East and West coasts.
✓ The NCRB manages it at the Central ✓ They would focus on the Godavari –
Fingerprint Bureau (CFPB) in New Delhi. It Krishna basin on the East coast and Kutch
assigns a unique 10-digit National – Mumbai basin on the West coast.
Fingerprint Number (NFN) to each person
arrested for a crime. Vice Adm. Biswajit Dasgupta
inaugurated India’s 1st CISR at INS
Mercom India Research Report: India Karna
Adds a Record of 7.2 GW of Solar in the India’s first Composite Indoor Shooting
First Half of 2022 Range (CISR) was launched by Vice Admiral
India adds a record breaking 7.2 gigawatt (GW) of Biswajit Dasgupta, a serving Flag officer
solar installations in the first half of 2022, as per Commanding-in-Chief, Eastern Naval
the report released by Mercom India Research. Command (ENC), at Indian Naval Ship (INS) Karna
✓ Large-scale solar accounted for 90% of the on the Eastern Seaboard, near Bheemili,
installations, and rooftop accounted for the Visakhapatnam, Andhra Pradesh (AP).
remaining 10% during the reporting period
(2022). TDB-DST supports its 1st Aquaculture
✓ Rajasthan became the first state to cross 10
Project for Production of Tilapia Fish
GW of cumulative large-scale solar
Technology Development Board (TBD), a statutory
installations at the end of March 2022.
body under the Department of Science and
Technology (DST), supports Fountainhead Agro
Maharashtra’s Hydrogen Startup Farms Private Limited (FAFPL), Navi Mumbai,
Gets Indian Government’s Financial Aid Maharashtra for ‘Advanced, Intensive, All Male
of Rs 3.29 crore Tilapia Aquaculture Project with Israeli
Union Minister of State (Independent Charge) for Technology’.
Science & Technology, Jitendra Singh announced
the financial aid of Rs 3.29 crore to the Hydrogen MoS Jitendra Singh unveils CSIR-KPIT
startup from Maharashtra for indigenous developed India’s 1st Hydrogen fuel Cell
development of Hydrogen Sensing & Analysis
Bus In Pune
Technology.
Union Minister of State (MoS-Independent Charge)
✓ The aim of the National Hydrogen Mission
Dr Jitendra Singh, Ministry of Science & Technology
(NHM) is to help the government in meeting
(MoST) launched India’s first indigenously
its climate targets and make India a green
developed Hydrogen Fuel Cell Bus in Pune
hydrogen hub.
(Maharashtra).
MoU b/w: Technology Development Board (TDB)
✓ It is co-developed by the Council of
under Dept. of Science & Technology (DST) & Multi
Scientific and Industrial Research (CSIR)-
Nano Sense Technologies Pvt Ltd, Maharashtra
National Chemical Laboratory (NCL),
✓ Purpose: to support the manufacturing
Central Electrochemical Research Institute
of Hydrogen sensors indigenously.
(CSIR-CECRI), and KPIT Technologies
Limited, an Indian multinational
ONGC & ExxonMobil signed HoA for corporation headquartered in Pune,
Deepwater Exploration in Indian East Maharashtra.
and West coasts The MoS also inaugurated the Bisphenol-A (BPA)
Heads of Agreement (HoA) b/w: Oil and Natural pilot plant in CSIR-NCL which is developed by NCL
Gas Corporation Limited (ONGC) & ExxonMobil under CSIR’s Covid-19 mission program and Bulk
Corporation
Chemicals mission program. Click here to read freedom fighter Shaheed Bhagat Singh for
more. collective contribution of both states.
✓ As Chandigarh is the joint capital of both the
GoI Grants GI Tag to Bihar Mithila states and Chandigarh Administration is
involved in the construction and
Makhana to Boost Farmers’ Income
modernisation of the airport, both sides
The Government of India (GoI) has
agreed to name Chandigarh international
awarded Mithila Makhana (Botanical name -
airport after Bhagat Singh.
Euryale Ferox Salisb) from Bihar a Geographical
✓ The Rs 485-crore airport project is a joint
Indication (GI) tag, which would enable farmers to
venture of the Airports Authority of India
get the maximum price for their premium produce.
(AAI) and the governments of Punjab and
✓ The GI has been registered under the name
Haryana.
of Mithilanchal Makhana Utpadak Sangh,
✓ Punjab and Haryana have 24.5 % share
facilitated by Bihar Agricultural University.
each while the AAI has 51 % share
✓ It is the 5th product from Bihar which is
given the GI Tag including Bhagalpur’s
Jardalu Mango, Katarni Dhaan (rice), Government targets to eliminate Kala-
Nawada’s Magahi Paan, and Muzaffarpur’s azar from Country by 2023
Shahi Litchi. Click Here to Know More The Government of India (GoI) has set a target to
Registered GIs completely eliminate Kala-azar, also known as
Visceral leishmaniasis (VL) by the year 2023.
GoI Launched Phase 2 Of Grameen ✓ Kala-azar is a Neglected Tropical
Disease (NTD) transmitted by the bite of
Udyami Project to Promote Skill
phlebotomine sandflies and is the deadliest
Development & Entrepreneurship parasitic killer after malaria.
Among Tribal Youth ✓ The NTD Road map of the World Health
The National Skill Development Corporation Organisation (WHO) has set a target to
(NSDC), in collaboration with Seva Bharti Kendra eliminate Kala-azar by 2030. India is now
and Yuva Vikas Society, has launched the Phase – ahead in controlling Kala-azar by the
2 of the Grameen Udyami Project, which aims to following year.
increase skill training in tribal communities in
order to promote equitable and sustainable growth.
Indian Navy & SAC ISRO signed MoU for
✓ The Rural Tribal Technical Training
Program (Grameen Udyami) is a unique
Cooperation on Satellite Based Naval
multi skilling project funded by the NSDC Applications in Oceanology &
that intends to train 450 tribal students in Meteorology
Madhya Pradesh and Jharkhand. The MoU b/w: Indian Navy (IN) & Space Applications
Grameen Udyami project is implemented Centre (SAC), under the aegis of the Indian Space
under the Sansadiya Parisankul Yojana. Research Organisation (ISRO), Ahmedabad, Gujarat
✓ NSDC is a non-profit public limited Purpose: on data sharing and cooperation on
corporation established on July 31, 2008, Satellite based Naval Applications in Oceanology
under Section 25 of the Companies Act, and Meteorology.
1956. Click here to read more.
Culture Ministry launched ‘Badhe Chalo’
Punjab & Haryana Agrees to Name Campaign under Azadi ka Amrit
Chandigarh International Airport Mahotsav
after Bhagat Singh The Ministry of Culture (MoC) launched the ‘Badhe
Punjab and Haryana agreed to name Chalo’ movement under Azadi ka Amrit
the Chandigarh International Airport after Mahotsav to create a youth-centric activation for
greater outreach of Amrit Mahotsav. The Kapil Moreshwar Patil Releases SDG’s
campaign was held across 10 cities every day Anthem and Booklet
from 5th August to 11th August 2022. Union Minister of State (MoS) for Panchayati
✓ It aims to spread the message and spirit of Raj, Kapil Moreshwar Patil and Minister of Rural
the Amrit Mahotsav in an entertaining and Development & Panchayat,
enthusiastic manner. Punjab, Kuldeep Singh Dhaliwal inaugurated the
National Workshop on Localization of Sustainable
GoI Signs Headquarters Agreement with Development Goals (LSDGs) in Panchayats through
Coalition for Disaster Resilient Thematic Approach on ‘Village with Self-Sufficient
Infrastructure Infrastructure’ at Mohali, Punjab.
Headquarter Agreement (HQA) b/w: Coalition ✓ On the
for Disaster Resilient Infrastructure (CDRI) & occasion, Kapil Moreshwar Patil also
Government of India (GoI). released the SDG’s Anthem and Booklet and
Purpose: for granting CDRI the status of launched a Prime App and Punjab State
“Independent and International Legal Entity.” Rural Livelihood Mission (PSRLM) website.
✓ The CDRI was launched by India’s Prime
Minister (PM), Narendra Modi, on Godrej Agrovet signs MoUs with Assam,
September 23, 2019, during the United Manipur and Tripura to promote oil
Nations Climate Action Summit in New palm cultivation Under the NMEO-OP
York, United States (US).
scheme
✓ The CDRI is a global collaboration of
MoU b/w: Godrej Agrovet with Assam, Manipur
National Governments, United Nations (UN)
and Tripura state governments
agencies & programmes, Multilateral
Purpose: for the development and promotion of oil
Development Banks &Financing
palm cultivation in the region under the National
Mechanisms, the private sector, and
Mission on Edible Oils-Oil Palm (NMEO-OP)
academic & research institutions.
scheme.
✓ Under the agreement Godrej Agrovet will be
India’s First Private SSA Observatory to allotted land across Assam, Manipur and
Monitor Space Activity to Come Up in Tripura for promotion and development of
Uttarakhand sustainable palm oil plantations in the
Digantara, a Bengaluru (Karnataka)-based space region to support the farmers.
sector start-up, will establish India’s first ✓ Godrej Agrovet’s palm oil is currently
private Space Situational Awareness present in Andhra Pradesh, Telangana,
(SSA) observatory in Garhwal, Uttarakhand, to Tamil Nadu, Orissa, Goa, Maharashtra, and
track objects as small as 10 centimeters (cm) in size Mizoram.
orbiting the Earth.
✓ This regional first-of-its-kind commercial Nutrihub & Akshaya Patra Foundation
SSA observatory will assist India in ink an MoU under PM POSHAN Scheme
monitoring all space activity, including that MoU b/w: Akshaya Patra Foundation (APF) &
of military satellites orbiting the region and Nutrihub, a technology Business Incubator hosted
space debris. by the Indian Council of Agricultural Research
✓ Digantara will be able to support its space- (ICAR)-Indian Institute of Millets Research (IIMR)
based sensors in their mission to monitor Purpose: to promote balanced and healthy diets
satellites and debris in orbits spanning from through the sustainable production and
Low Earth Orbit (LEO) to Geosynchronous consumption of climate-resilient and nutritious
Earth Orbit (GEO) with the establishment of millet in various feeding programme and
the observatory.
integration of millets under Pradhan Mantri Poshan India nominates GARBA to be inscribed
Shakti Nirman (PM POSHAN). on UNESCO’s Intangible Cultural
✓ The partnership Akshaya Patra and
Heritage List
Nutrihub is to collaborate on millet
India has nominated dance form Garba to be
products or grains to provide mid-day
inscribed on the United Nations Educational,
meals in various states. The test project is
Scientific and Cultural Organization (UNESCO)’s
set to be launched in some schools in
intangible cultural heritage list.
Bengaluru and Hyderabad.
✓ Garba is a Gujarati folk dance and is
performed during Navratri, a nine-night
IREDA Signs MoU with MAHAPREIT to festival in Gujarat.
Provide Loans for Green Energy Projects ✓ India got elected to UNESCO Panel On
MoU b/w: Indian Renewable Energy Intangible Cultural Heritage for 2022-2026
Development Agency Ltd (IREDA), a Public Sector cycle to serve on the distinguished
Undertaking (PSU) under the Ministry of New & Intergovernmental Committee of the 2003
Renewable Energy (MNRE) Convention for the Safeguarding of the
& Mahatma Phule Renewable Energy and Intangible Cultural Heritage (ICH).
Infrastructure Technology Ltd (MAHAPREIT),
Maharashtra. Union Minister Jitendra Singh says
Purpose: to provide loans for green energy
Country’s Bioeconomy to grow from 70
projects.
✓ This is the ninth MoU that IREDA has signed billion to 150 billion US dollars by 2025
since 2020 to offer consulting services for Union Minister of State Science & Technology, Dr
sustainable development in India. Jitendra Singh stated India’s Bioeconomy will
✓ MAHAPREIT is a fully-owned subsidiary of grow from 70 billion to 150 billion US dollars by
the Mahatma Phule Backward Classes 2025 during the announcement of 75 “Amrit”
Development Corporation (MPBCDC), Grants for Biotech initiatives.
which is 49.0 % held by the Government of He also stated that the Department of
India (GoI) and 51.0% owned by the Biotechnology (DBT)-Biotechnology Industry
Maharashtra Government. Research Assistance Council (BIRAC) “75 Amrit
✓ IREDA: CMD – Pradip Kumar Das; Team Grant Initiative” will boost the Prime
Establishment – 1987; HQ – New Delhi, Minister’s call for “Jai Anusandhan”.
Delhi
Over 75 lakh cases across Rajasthan
Uttar Pradesh Govt Builds India’s First cleared by ‘Digital Lok Adalat’ for the
Education Township first time in India
Government of Uttar Pradesh (UP) is set to The State Legal Services of Rajasthan and
build India’s First Education Township with an idea Maharashtra authorities had launched the ‘Digital
of ‘Single Entry, Multiple Exit’. Lok Adalat’ in the respective states as part of the
✓ This education township will provide high- third National Lok Adalat of 2022.
quality education to the youth and also ✓ This digitalisation was launched during the
equip them with various professional skills 18th All India Legal Services Authorities’
in a single place along with accommodation meet by the Chairman and Supreme Court
facilities. Judge of the National Legal Services
✓ The township focusing on “High-end Authority, Justice Uday Umesh Lalit.
education” will also cater to students from
African, Latin American and Central Asian
countries.
Piyush Goyal unveils the gift catalogue of Product’ (ODOP) in digital version on 5th August
‘One District-One Product’ in digital 2022, during the meeting with Export Promotion
Councils and Industry Association at Vanjiya
version
Bhawan, New Delhi, Delhi.
Union Minister of Commerce and Industry, Piyush
Goyal unveils the gift catalogue of ‘One District-One
INTERNATIONAL AFFAIRS
Forbes Asia’s 200 Best Under A Billion India & Malaysia Concludes Four-day
2022 Ranking: India Ranks 4th With 24 Bilateral Air Exercise – ‘Udarashakti‘
Firms India & Malaysia concluded the four-
According to Forbes Asia’s 200 “Best Under A day military exercise ‘Udarashakti’, which was
Billion” 2022 Ranking, 24 Indian between the Indian Air Force (IAF) and the host
companies made the list, a decrease from 26 in country Royal Malaysian Air Force (RMAF).
2021. This placed India in fourth place among Asian ✓ The exercise began on 16th august 2022 at
countries, one spot ahead of China, which had 22 the RMAF Air Base Kuantan, Malaysia.
firms on the list. ✓ The Su-30 MKI and C-17 aircrafts from the
✓ Forbes Asia’s 2022 edition of the best 200 IAF and Su-30 MKM aircraft from the
mid-sized companies in the Asia-Pacific Malaysian force participated in the air
region includes publicly listed companies exercise.
with yearly revenue of less than one billion
dollars. Scotland Becomes First Country to Make
Rank Country No. of Companies Period Products Free for All
1 Taiwan 30 The Scottish government became the 1st
country in the world to legally protect the right to
2 Japan 29
access free period products by passing a law,
3 South Korea 27 the Period Products (Free Provision) (Scotland)
4 India 24 Act 2021 that came into force on 15th August
2022.
5 China 22
✓ The bill on free period products which was
Click here to read more.
passed unanimously in 2020, was
introduced by Scottish Parliament
UK– the first country to approve COVID- lawmaker Monica Lennon, who had
19 booster vaccine targeting Omicron campaigned against ‘period poverty’.
strains ✓ Scotland: First Minister of Scotland
The United Kingdom (UK) has become – Nicola Ferguson Sturgeon; Capital
the first country to approve Moderna’s – Edinburgh; Currency – Pound Sterling.
‘bivalent’ Covid-19 vaccine that tackles both the
original virus strain from 2020 and the Omicron 9th Meeting of India-Thailand Joint
BA.1 variant. Commission held in Bangkok,
✓ The Medicines and Healthcare Products
Thailand; MoUs Signed
Regulatory Agency (MHRA) has approved
From August 16-18, 2022, Union Minister
Moderna’s bivalent which meets its
Subrahmanyam (S.) Jaishankar, Ministry of External
standards of safety, quality and
Affairs (MEA) of India paid an official visit to
effectiveness.
Bangkok, Thailand to attend the 9th Meeting of
India-Thailand Joint Commission (JCM) 2022.
Yes Bank Partners with SellerApp to Purpose: to encourage the seller segment of its
Facilitate Adoption of ONDC client base to adopt Open Network Digital
Partnership b/w: Yes Bank partnered Commerce (ONDC) and help in expanding their
with SellerApp, a seller-centric intelligence digital commerce footprint.
platform
✓ With this MOU, Axis Bank will offer holistic Mirae Asset Mutual Fund launches 2
banking services to the employees of Public funds on Electric, Autonomous Vehicles
Sector Undertakings (PSUs).
and AI themes
✓ FCI: MD – Subodh Kumar Singh;
Mirae Asset Mutual Fund has launched two new
Establishment – 1965; HQ – New Delhi,
funds viz. Mirae Asset Global Electric &
Delhi
Autonomous Vehicles ETFs Fund of Fund (FoF) and
Mirae Asset Global X Artificial Intelligence and
RBI directs loan recovery agents not to Technology ETF Fund of Fund (FoF). ETF stands for
intimidate borrowers Exchange Traded Funds.
The Reserve Bank of India (RBI) issued new rules ✓ These are the first such funds based on
restricting the loan recovery agents from harassing companies involved in future technology to
the borrowers and calling them before 8 am and be launched in India in the mutual fund
after 7 pm. industry.
✓ The circular also applies to all commercial, ✓ Each new fund offers opened for
regional and rural, small finance banks, and subscription on August 16 and will close on
non-banking financial companies including 30 August. The funds will be managed
housing finance companies, except by Siddharth Srivastava, head – ETF
payments banks and Mutual fund business. products, Mirae Asset Investment Managers
(India) Pvt Ltd.
SBI Launches India’s 1st start-up ✓ CEO of Mirae Asset Investment Managers
Dedicated Branch in Bengaluru (India) Pvt Ltd (Mirae AMC) –
The State Bank of India (SBI) launched India’s first Swarup Mohanty
state-of-the-art start-up dedicated branch in
Koramangala in Bengaluru, Karnataka. This will Edelweiss MF Launches India’s First
serve as a one-stop shop for all start-ups and Gold and Silver Fund Scheme
corporates in Karnataka. Edelweiss Mutual Fund (MF), an Asset
✓ Two more branches will be opened in Management Company (AMC) launches Edelweiss
Gurgaon, Haryana and in Hyderabad, Gold and Silver Exchange-Traded Fund (ETF) Fund
Telangana. of Fund, India’s first fund offer scheme that offers
✓ The branch would act as a hub with various exposure to gold and silver through a single fund on
stakeholders offering a one-stop solution to 24th August 2022.
the corporates and start-ups starting from ✓ Edelweiss Gold and Silver ETF Fund of Fund
the formation of the entity till the Initial is an open-ended Fund of Fund scheme
Public Offerings (IPOs) and Follow on investing in units of Gold ETF and Silver
Public Offers (FPOs) of the companies. ETF.
✓ In September 2021, the Securities and
NABARD Signs MOU with J&K Grameen Exchange Board of India (SEBI) allowed MF
Bank to Finance 700 JLGs in J&K & houses to introduce silver ETFs in the
Ladakh Indian market.
MoU b/w: National Bank for Agriculture and Rural ✓ Edelweiss Mutual Fund – MD & CEO
Development (NABARD), Jammu & Kashmir (J&K) – Radhika Gupta; Establishment – 2009;
regional office and J&K Grameen Bank HQ – Mumbai, Maharashtra
Purpose: for promotion and financing of 700 Joint
Liability Groups (JLGs) in the conference hall of ReNew Power Raises USD 1
NABARD, J&K Regional Office. Billion Through ECB for Battery-Enabled
✓ NABARD will provide promotional grant Project
support of Rs. 4000 per JLG to J&K Gurgaon-based ReNew Power has raised a USD 1
Grameen Bank. billion project loan through External Commercial
sent to the petitioner’s mobile or e-mail ID ✓ This project is aligned with the objectives
after the complaint registration. of Jal Jeevan Mission which aims to
provide piped water to all rural households
GoI in consultation with by 2024 and also strengthens Jal Shakti
RBI framed Foreign Exchange Vibhag, an initiative of government of HP
and gram panchayat village water and
Management (Overseas Investment)
sanitation committees.
Rules, 2022 ✓ ADB: President – Masatsugu Asakawa;
In line with the amendment in the Foreign Establishment – 1966; HQ – Mandaluyong
Exchange Management Act 2015, Outward City, Metro Manila, Philippines; Members
Investments Rules, officially called, ‘Foreign – 68 members (49 from Asian and the
Exchange Management (Overseas Investment) Pacific and 19 outside)
Rules, 2022’ have been framed by the Government
of India (GoI) in consultation with the Reserve Bank
of India (RBI). They are applicable w.e.f. August 22,
HDFC Bank Opens its First All-Women
2022. Branch in Kozhikode, Kerala
✓ As per the amendment, the net worth of a HDFC Bank opened its first all-women branch at
registered partnership firm or LLP (Limited Cherootty Road, Kozhikode, Kerala (north Kerala
Liability Partnership) will be the sum of the region) with an aim to enhance gender diversity
capital contribution of partners and in banking sector.
undistributed profits of the partners after ✓ With this opening, there are a total of 245
deducting therefrom the aggregate value of bank branches in Kerala.
the accumulated losses, deferred ✓ As on March 31, 2022, women constituted
expenditure, and miscellaneous 21.7 % of the workforce and the target is to
expenditure not written off, as per the last increase it to 25 % by 2025.
audited balance sheet. ✓ HDFC Bank: MD& CEO
✓ The rules guide about the investment by a – Sashidhar Jagdishan; Established – 1994;
person resident in India in the equity capital HQ – Mumbai, Maharashtra
of a foreign entity which is classified as ODI
(Overseas Direct Investment). Muthoot Finance Launches Milligram
✓ No person resident in India can make a Reward Programme for Customers
financial commitment to a foreign entity Muthoot Finance Limited has launched Milligram
that has invested or invests in India. Click Reward Programme for its customers where the
here to read more. customers will be rewarded with a certain amount
of milligram reward points for transactions with
ADB Provide USD 96.3mn Loan to the company.
Improve Water Supply & Sanitation in ✓ With this launch, Muthoot Finance becomes
HP the first gold loan NBFC (Non-banking
Loan Agreement b/w: Government of Financial Company) to launch such a new
India (GoI) & Asian Development Bank (ADB) reward programme.
Purpose: A USD 96.3 million (around Rs 769 ✓ This is a 2-year programme which will be
crores) loan agreement to provide safe drinking run in 24 carat gold for the first time in
water, improve water supply and sanitation in India.
Himachal Pradesh (HP). ✓ Muthoot Finance: MD – George Alexander
Muthoot; Establishment – 1939; HQ
– Kochi,Kerala
Ratan Tata unveils the startup NHPC Ltd signs MoU with BEL to set up
‘Goodfellows’ for Senior Citizen Solar Equipment Manufacturing Facility
Tata Group Chairman Emeritus Ratan Tata has MoU b/w: NHPC Limited (formerly known as
unveiled the new start-up ‘Goodfellows’ designed National Hydroelectric Power Corporation) &
to provide companionship services to senior Bharat Electronics Limited (BEL)
citizens with young graduates. Purpose: to set up a large capacity solar equipment
✓ Goodfellows was founded by Shanthanu manufacturing facility.
Naidu, the General Manager at the Office of ✓ Under the agreement, the GigaWatt Scale
RNT (Ratan Naval Tata). Vertically Integrated solar manufacturing
unit will be established.
✓ NHPC Ltd: CMD - Abhay Kumar Singh;
Founded-1975; HQ- Faridabad, Haryana
Tamil Nadu Police Have Been Awarded followed by Sandeep Bakhshi MD and CEO
President’s Colour by Vice President of ICICI Bank (RS 7.08 crore) and
Sashidhar Jagdishan MD and CEO of HDFC
Venkaiah Naidu
Bank (Rs 6.51 crore).
Vice-President of India Muppavarapu Venkaiah
✓ Executive Director of HDFC Bank, Kaizad
Naidu presented the distinguished award
Bharucha is the highest paid banker of
“President’s Colour” for the Tamil Nadu (TN) Police
FY22, received Rs 10.64crore remuneration
to M.K. Stalin, Chief Minister(CM) of TN at
in FY22, mainly due to Rs 4.46 crore as a
Rajarathinam Stadium, Chennai, TN.
performance bonus.
✓ TN Police has become the first state in
South India and among the 10 other states
in India to showcase the honours.
Union Minister of Coal, Pralhad Joshi
✓ The Indian Navy was the first Indian Armed distributed Coal Minister’s Awards for
Force to be awarded the President’s Colour 2021-22
by Dr. Rajendra Prasad in 1951. Union Minister of Coal, Mines and Parliamentary
✓ “President’s Colour” is the highest honour Affairs, Pralhad Joshi addressed the 2nd edition
given to the Military, Paramilitary and of Coal Minister’s awards ceremony in New Delhi,
Police forces of States and Union Delhi. He pointed out that the coal sector played
Territories. a crucial role in ensuring energy security of India.
✓ Mahanadi Coal Fields Ltd (MCL) bagged the
Axis Bank CEO Amitabh Chaudhry, is the first prize in three categories– Safety,
top paid bank CEO in India Production & Productivity, and Quality.
Amitabh Chaudhry, Managing Director (MD) and ✓ The first prize in the Sustainability category
Chief Executive Officer (CEO) of Axis Bank Ltd, has won by Western Coalfields
topped among the highest paid MD & CEOs of India Limited (WCL), Northern Coalfields
in the fiscal year 2022(FY22). He received a total Limited (NCL) won first prize in
payment of Rs 7.63 crore in FY22, including his implementation of ERP (Enterprise
performance pay of Rs 89 lakh. resource planning).
✓ Sumant Kathpalia MD & CEO of IndusInd ✓ Central Coalfields Limited (CCL), a
Bank, was the 2nd highest paid MD&CEO, Jharkhand- based subsidiary of CIL, bagged
with Rs 7.3 crore remuneration in FY22, the award under Safety and Sustainability
category.
Kenya’s Deputy President William Ruto candidate to win the Presidency at first
Wins Presidential Poll attempt.
Deputy President of ✓ He is the leader of the United Democratic
Kenya, William Samoei Alliance party under the Kenya Kwanza
Arap Ruto won the (Kenya First) coalition. He has been serving
Presidential Election 2022. as the Deputy President of Kenya since
He defeated his rival 2013.
former Prime ✓ Kenya: Capital- Nairobi; Currency- Kenyan
Minister Raila Odinga. He shilling; President- Uhuru Kenyatta
will be succeeding 4th
President Uhuru Kenyatta. Central Govt. appoints Rajkiran Rai as
✓ He becomes Kenya’s first sitting Deputy MD of NaBFID for nearly 5 years
President to succeed the incumbent The Central Govt. and the board of the National
following competitive elections and first Bank for Financing Infrastructure and Development
India’s first 3-D printed cornea India’s 1st Portal on Arrested Narco
developed by scientists from Hyderabad Offenders ‘NIDAAN’ Gets Operational
A team of clinicians and scientists from the LV The first-of-its-kind database named- National
Prasad Eye Institute (LVPEI), Hyderabad, Indian Integrated Database on Arrested Narco
Institute of Technology (IIT) Hyderabad, and offenders (NIDAAN) was made operational for the
Centre for Cellular and Molecular Biology (CCMB), use by various central and State prosecution
has developed India’s first 3D-printed artificial agencies tasked to enforce anti-drugs laws in India.
cornea and transplanted it into a rabbit’s eye. ✓ It is part of the Narcotics Coordination
✓ This development in animal models Mechanism (NCORD) portal, launched by
provided hope to those who lost vision due Union Home Minister Amit Shah on 30th
to corneal damage. It is also optically and July 2022 in Chandigarh during the national
physically suitable for transplantation. conference on ‘Drug trafficking and national
security’. The portal was developed by the Scientists of Israel create world’s first
Narcotics Control Bureau (NCB). synthetic embryo without sperm
✓ NIDAAN provides a one-stop solution for all A team of scientists of Israel developed the
narcotics offenders-related data and will world’s first synthetic embryo outside the womb
help investigative agencies as an effective using stem cells cultured in a petri dish.
tool while probing narcotics cases. ✓ The cells of the synthetic embryo were
cultured without the use of fertilized eggs,
bypassing the need for sperm. The study
was published in the journal Cell.
✓ The team was headed by Prof. Jacob Hanna
of the Molecular Genetics Department,
Weizmann Institute in Israel.
ENVIRONMENT
SPORTS
India Banned by FIFA, Took Back U17 and DY Patil Stadium in Navi Mumbai
Women’s World Cup 2022 Hosting (Maharashtra).
✓ It was for the first time that India is hosting
Rights
the FIFA women’s football tournament.
The world governing body FIFA (International
Federation of Association Football) suspended All
India Football Federation (AIFF) for undue
Tennis: Pablo Carreno Busta wins Men’s
influence from third parties, which constitutes a Single Title in 2022 National Bank Open
serious violation of the FIFA Statutes. This is the Montreal, 1st Masters 1000 title
first time AIFF has been banned by FIFA in its 85- Two-time Grand Slam semi-finalist and former
year history. World No. 10 Pablo Carreno Busta of Spain won
✓ It also took back the rights from India to the Men’s Singles title at the 2022 National Bank
host 7th Under-17 Women’s World Cup Open Tennis Tournament held in Montreal, Canada.
2022 which was scheduled to be held on ✓ This is the hard court tennis tournament
October 11-30, 2022 at three venues viz. played from August 8 to August 14, 2022, as
Kalinga Stadium in Bhubaneswar (Odisha), part of the 2022 US Open Series.
Jawaharlal Nehru Stadium in Margao (Goa),
✓ Pablo Carreno Busta defeated Hubert FIFA Suspends AIFF over Third-Party
Hurkacz of Poland by 3-6, 6-3, 6-3 in the Influences
Association of Tennis Professionals (ATP) The Bureau of the Federation International de
finals with a Montreal Masters triumph. Football Association (FIFA) Council has decided to
Winners of the tournament: suspend the All India Football Federation (AIFF)
Event Winner Runner with immediate effect due to third-party
Hubert interference, which is a violation of FIFA’s statutes.
Men’s Pablo Carreño Busta Hurkacz ✓ Other countries banned by FIFA over 3rd
singles (Spain) (Poland) party influence includes Iraq (2008) Nigeria
Beatriz (2014), Guatemala (2016), Kuwait &
Women’s Haddad Maia Indonesia (2015), Pakistan (2017 & 2021)
singles Simona Halep (Romania) (Brazil) and Kenya (2022).
John Peers
Wesley (Australia) /
Koolhof(Netherlands)/ Dan Evans India’s GM R Praggnanandhaa Defeats
Men’s Neal Skupski(United (United World No.1 Magnus Carlsen, Finishes
doubles Kingdom) Kingdom) Runner-up in FTX Crypto Cup 2022
Nicole 17-year-old Indian Grandmaster (GM) R
Melichar- Praggnanandhaa (Praggnanandhaa Rameshbabu)
Martinez
defeated the World No.1 Magnus Carlsen of
(United
Coco Gauff (United States) / Norway in the final round of FTX Crypto Cup
Women’s States) / Jessica Pegula Ellen Perez 2022 held in the Eden Roc Miami Beach, Miami,
doubles (United States) (Australia) Florida, United States of America(USA). Despite the
win, he finished the tournament securing the
Ireland’s Kevin O’Brien Announces runner-up spot.
Retirement from International Cricket ✓ The FTX Crypto Cup, the 6th event in the
Meltwater Champions Chess Tour took
The 38-year-old, Ireland all-rounder, Kevin
place August 15-21, 2022 on chess24.
Joseph O’Brien announced his retirement from
✓ However, Magnus Carlsen won the event on
international cricket.
the basis of a higher score with 16 match
✓ Kevin O’Brien made his debut for Ireland
points and R Praggnanandhaa secured
in 2006 and was one of their longest
second position, scoring 15 match points.
serving cricketers.
✓ During his 16-year career, he has played 3
tests, 153 ODI, 110 T20 Internationals for Manisha Kalyan becomes 1st Indian to
Ireland and recorded a total of 258 runs, play in UEFA Women’s Champions
3,619 runs and 1,973 runs respectively. League
✓ He became the 1st Ireland cricketer to Indian Footballer(striker) Manisha Kalyan (20-
score a century in red-ball cricket. year-old) from Hoshiarpur, Punjab, has become the
first Indian to play in the Union of European
Football Association (UEFA) Women’s
Championship League by making her debut for
Cypriot club Apollon Ladies FC in the UEFA
Women’s Champions League 2022-23 in Engomi,
Cyprus.
OBITUARY
Book Title - “Putin – His Life and Times” Coffee Table Book - ‘Fish & Seafood – a
Author: Philip Short, former correspondent for the collection of 75 gourmet recipes’
BBC, The Economist and The Times Launched by: Parshottam Khodabhai Rupala,
Publisher: The Bodley Head, a non-fiction imprint Union Minister, Ministry of Fisheries, Animal
of Penguin Random House. Husbandry and Dairying (MoFAHD).
✓ The book is a biography of Vladimir Putin, ✓ The book exhibits the soul of India ‘Rasoi’
who has been President of Russia since (Kitchen).
2000. ✓ The book ideated by the Department of
✓ “First Person” published in 2001 was an Fisheries highlights the diversity of fish
authorized biography of Putin. available within the domestic water bodies
and the fish culinary heritage of the country
that signifies the diverse cooking and eating
styles across the country.
Book Title - “Bibi: My Story” – Memoir of Book Title - “Madam Sir: The Story of
Benjamin Netanyahu Bihar’s First Lady IPS Officer” –
Author: Benjamin Netanyahu, a former Prime Autobiography of Manjari Jaruhar
Minister (PM) of Israel. Author: Manjari Jaruhar, a Retired Indian Police
Publisher: Threshold Edition Service (IPS) officer and an Advisor of Tata
✓ The book, which is Netanyahu’s memoir, Consultancy Services (TCS)
will be published in November 2022(after Publisher: Ebury Press Imprint of Penguin
parliamentary elections in Israel). Random House India (PRHI).
✓ Other works of Netanyahu: “A Durable ✓ The book details the life and times of Bihar’s
Peace: Israel and it’s Place Among the first lady IPS officer. It is expected to be
Nations & “Fighting Terrorism” Published in October 2022.
✓ Manjari Jaruhar is one of the first 5 women
Book Title - “Transforming India- police officers in India and the first woman
Governance for Atmanirbhar Bharat” & to join India’s elite police (IPS) from Bihar.
“Adhigam”, ISTM Journal on ‘Research
on Training and Governance’ Book Title - “NETAJI: Subhas Chandra
Released by: Union Minister of State (MoS) Science Bose’s Life, Politics and Struggle”
& Technology Dr Jitendra Singh Author: late scholar & former Member of
✓ Institute of Secretariat Training and Parliament (MP) Krishna Bose
Management (ISTM): Director– S D Publisher: Picador India imprint of Pan Macmillan
Sharma; Established in 1948; Location– India.
New Delhi, Delhi. ✓ The book is edited and translated (to
English from Bengali) by Indian political
Book Title - “Indians at Herod’s Gate: A scientist Sumantra Bose, son of Krishna
Bose.
Jerusalem Tale”; Translated in Hebrew
✓ It features the insights of Subhas Chandra
Author: Navtej Sarna, former Ambassador of
Bose’s political motivations, his personal
India
relationships,
Released by: Israeli President Isaac Herzog
✓ The book was originally written in English
and was published in 2014 by Rupa
Book Title - “Sing, Dance, and Pray: The
Publication India Private Limited. Inspirational Story of Srila Prabhupada
Founder-Acharya of ISKCON”
Book Title - “Men of Steel- Military Released by: Vice President (VP) of India,
Leadership for India” Muppavarapu Venkaiah Naidu (as of July 24, 2022)
Author: Major General Yash Mor (retd.) and Author: historian Dr Hindol Sengupta
Lieutenant General Ajay Kumar Singh (retd.) Publisher: India Penguin Ananda imprint
Publisher: KW Publishers Pvt Ltd of Penguin Random House India (PRHI).
Released by: Indian Army Chief General Manoj ✓ The book is a biography of Abhay
Pande Charanaravinda Bhaktivedanta
✓ “Men of Steel” was produced by think-tank Swami (Srila Prabhupada) founder of the
Centre of Land Warfare Studies (CLAWS). It International Society for Krishna
has 15 chapters, which were contributed by Consciousness (ISKCON).
retired officers and non-military authors.
IMPORTANT DAYS
Partition Horrors Remembrance Day others in the most extreme circumstances around
2022- August 14 the world.
Annually observed in India on August 14. ✓ World Humanitarian Day (WHD) is a
Purpose: to acknowledge the difficulties faced by campaign by the United Nations Office for
the Indians during the partition of India in 1947. the Coordination of Humanitarian
✓ In 2021 Prime Minister (PM) Narendra Affairs (UN OCHA).
Modi announced to observe 14th August as ✓ The day is marked in memory of the Canal
Partition Horrors Remembrance Day. The Hotel bomb attack (19th August 2003) in
year 2022 marks the 2nd edition of Baghdad, Iraq, killing 22 people, including
Partition Horrors Remembrance Day. Sergio Vieira Mello, Chief Humanitarian in
✓ Partition Horrors Remembrance Day” is Iraq.
observed on the line on “Holocaust ✓ UN OCHA: Under-Secretary-
Remembrance Day”. General- Martin Griffiths; Founded-19
✓ India was partitioned into India and December 1991; HQ-New York, United
Pakistan on August 14, 1947. States. Click here to read more.
✓ A boundary commission was set up to mark
the territorial limits, headed by Cyril World Photography Day 2022- August
Radcliffe. 19
Annually observed across the globe on August 19.
World Sanskrit Day 2022- August 12 Purpose: to celebrate the art of Photography.
Annually observed on ‘Sawan Poornima’ ✓ Theme for World Photography Day 2022:
Purpose: to create awareness, promote and revive “Pandemic Lockdown Through The
Sanskrit, one of the ancient Indian languages. Lens”.
✓ World Sanskrit Day is also known World Photography Week is observed
as Vishva-Samskrita-dinam & Sanskrit from 19th to 26th August 2022 across the
Diwas. world.
✓ It is annually celebrated on Poornima day ✓ The first photographic process
(Full Moon) of the Shraavana month in the named Daguerreotype was formally
Hindu calendar. declared to the world by the French
✓ World Sanskrit Day 2022 falls on 12th Academy of Sciences on 9th January 1839.
August 2022. The first World Sanskrit Day ✓ The first official world photography day
was observed in 1969. was observed on 19th August 2010.
✓ Sanskrit language is said to have originated
in India around 3,500 years ago. World Mosquito Day 2022 – August 20
✓ Panini, Kalidas, Patanjali, Ved Vyas, Adi Annually observed across the globe August 20.
Shankaracharya, and Kalidas are prominent Purpose: to honour British Doctor Sir Ronald
personalities who wrote classics in Sanskrit Ross who discovered the relationship between
language. mosquitoes and the transmission of malaria
between humans.
World Humanitarian Day 2022- August ✓ Sir Ronald Ross discovered that the
19 Anopheles mosquitoes (female mosquitoes)
Annually observed on August 19. It is an are responsible for the transmission of
International Day recognized by the United Nations malaria parasites to humans.
(UN). ✓ Malaria is a parasitic infection transmitted
Purpose: to commemorate the humanitarian by Anopheline mosquitoes.
workers who have committed their lives to help
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