Current Affairs 31th August 2022 Daily GK Update

Read Daily current affairs of 31th August 2022

Current Affairs 30th August 2022 Daily GK Update

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National News

IIT Madras partnered with IIS to develop boxing analytics software

  • Indian Institute of Technology (IIT) Madras has partnered with Karnataka-based Inspire Institute of Sports (IIS) to develop a boxing analytics platform Smartboxer.
  • Smartboxer will use wearable sensors & video cameras to provide assessments of boxers on the four key traits for scoring in boxing.
  • It is one among the many initiatives of IIT Madras aimed at winning more medals in the Olympics.

UGC to launch ‘e-Samadhan’ portal for resolving grievances

  • Higher education sector regulator University Grants Commission (UGC) will now monitor and resolve all grievances of students and staff in varsities through a centralized portal called ‘e-Samadhan.
  • This platform ensures transparency, prevents unfair practices in Higher Education Institutions, and provides a time-bound mechanism for redressal of grievances, according to the UGC.
  • Nearly 38 million students are expected to be benefitted from the e-Samadhan portal.
  • UGC e-samadhan, a step forward for the service to stakeholders which would be a single Window system for all the stakeholders for registering their complaints/ grievances on the portal which would be available all the time at the click of a mouse.
  • A toll-free No. 1800-111-656 will also be available on the UGC website 24×7 for lodging complaints by the stakeholders on any issue faced by them.

About University Grants Commission (UGC)

  • Founded- 1956
  • Headquarters- New Delhi
  • Chairman – Mamidala Jagadesh Kumar

Andhra Pradesh signed an MoU with Parley for the Oceans to save seas from pollution

  • Andhra Pradesh government has signed an MoU with the US-based Parley for the Oceans to clean the shores of the State and make Andhra Pradesh plastic free by 2027.
  • As part of the MoU, Parley Future Institute along with Parley Super Hub will be set up in the State to manufacture goods with recycled plastic, attracting ₹16,000 crore investment in the next six years and generating employment for over 20,000 people.
  • Visakhapatnam has taken up the world’s largest beach cleaning programme with the participation of over 22,000 people at a stretch of 28 km starting from Gokul Beach to Bheemili Beach, about 76 tonnes of plastic were collected from the seashore.

About Andhra Pradesh

  • Capital – Amaravati
  • Chief Minister – YS Jagan Mohan Reddy
  • Governor – Biswabhusan Harichandan

Recent MoUs

  • Rail Tel partnered with CloudExtel to launch India’s first shared RAN
  • Universal Sompo partnered with Repco Home Finance to insure loans
  • HDFC Bank partnered with Tata Neu to launch two new credit cards
  • KreditBee partnered with Cashfree to offer EMI solutions
  • Royal Enfield partnered with UNESCO to promote cultural heritage of India

J&K Police launched online Mobile app ‘JK Ecop’

  • The Jammu & Kashmir Police has launched an online Mobile application “JK Ecop”.
  • The App enables the common citizens to use a host of services ranging from registering a complaint to downloading a copy of an FIR.
  • A citizen can also make requests like obtaining a character certificate, employee verification, or tenant verification through this App.

Telangana Al Mission’s 4 startups to represent India at G20 DIN

  • The Telangana Al Mission (T-AIM) has revealed that four of its startups have been selected by MeitY (Ministry of Electronics and Information Technology) to represent India at the G20 Digital Innovation Network (DIN).
  • T-AIM is an initiative of the state Government supported by NASSCOM.
  • The program has been supporting 80 startups built on Artificial Intelligence (AI).
  • The four startups – Arficus, Edubuk, Eunimart, and MayaMD are supported by Revv Up programme.
  • Revv Up is a free-of-equity-or-cost acceleration program by T-AIM that is exclusively designed for early-stage AI startups.
  • The G-20 DIN will be held from 2nd September-4th September 2022 at Bali International Convention Center, Bali, Indonesia.

About Telangana

  • Capital – Hyderabad
  • Chief Minister – K. Chandrashekar Rao
  • Governor – Tamilisai Soundararajan

Competitiveness Roadmap for India@100 released

  • Economic Advisory Council to the Prime Minister (EAC-PM) has released the Competitiveness Roadmap for India@100 in New Delhi.
  • The roadmap, which is a part of the India Competitiveness Initiative, was released in the presence of Bibek Debroy, Chairman, EAC-PM, Sanjeev Sanyal, Member, EAC-PM, and the members of the stakeholder’s group formed as part of the initiative.
  • The roadmap guide the way for India to become a higher-income country by 2047.
  • It is a collaborative endeavour between EAC-PM, the Institute for Competitiveness headed by Dr Amit Kapoor and Professor Michael E. Porter, and Dr. Christian Ketels from Harvard Business School.

PCIM&H signed an agreement with Indian Pharmacopoeia Commission to promote ‘One Herb, One Standard’                          

  • Pharmacopoeia Commission for Indian Medicine Homoeopathy (under the Ministry of Ayush) signed an agreement with the Indian Pharmacopoeia Commission (under the Ministry of Health) for the promotion and facilitation of One Herb, One Standard in New Delhi.
  • It is for Inter-Ministerial cooperation for the promotion and facilitation of “One Herb, One Standard”.
  • This MoU will further facilitate collaboration in the area of standardization of traditional medicine.
  • The MoU will further facilitate collaboration for promoting an exchange of information in the area of standardization of Traditional medicine by sharing of scientific information and drug raw materials or extracts, seminars, workshops, training, and brainstorming programs.

Recent MoUs

  • KreditBee partnered with Cashfree to offer EMI solutions
  • Royal Enfield partnered with UNESCO to promote cultural heritage of India
  • Mastercard partnered with BASIX to create an agri-tech platform for farmers
  • India signed an agreement with ADB to improve water supply in Himachal Pradesh
  • India signed an MoU with Iran for smooth movement of seafarers

NCRB released Accidental Deaths & Suicides in India 2021 report

  • National Crime Records Bureau (NCRB) has released the Accidental Deaths & Suicides in India 2021 report.
  • It stated that there were 1,55,622 deaths in road accidents in India in 2021, with Uttar Pradesh leading with 21,792 fatalities, followed by Tamil Nadu, Maharashtra, and MP.
  • As per NCR data for the 2019-2021 period, Delhi is the most unsafe metropolitan city with 13.982 crimes.
  • According to the report, the rate of accidental deaths (per lakh of the population) increased in 2021 as compared to 2020. The total number of accidental deaths in 2021 in India is 3,97,530.
  • Out of 3,97,530 accidental deaths, 7,126 (1.8 percent) deaths were due to forces of nature, and 3,90,404 (98.2 percent) of deaths were due to other causes.

Reliance Industries to build world’s largest carbon fibre plant

  • Reliance Industries will set up India’s first and one of the world’s largest carbon fibre plants in Hazira, Gujarat.
  • The plant will have a capacity of 20,000 million metric tonnes per annum.
  • The first phase of the plant will be completed in 2025.
  • Carbon fibre is a lightweight material with high conductivity that has the potential to replace steel.
  • RIL will continue to recycle polyesters and plastics, double its PET bottle recycling capacity to 5 billion bottles a year and develop pathways to produce biodegradable and compostable plastics to replace single-use plastics.

About Reliance Industries Limited (RIL)

  • Founded – 8 May 1973
  • Founder – Dhirubhai Ambani
  • Headquarters – Mumbai, Maharashtra
  • CMD – Mukesh Ambani
  • Owner – Mukesh Ambani (50.49%)
  • Director – Nita Ambani
  • Subsidiaries – Jio Platforms (67.03%), Jio Payments Bank (70%)

About Gujarat

  • Capital – Gandhinagar
  • Chief Minister – Bhupendra Patel
  • Governor – Acharya Devvrat

Indian Railways set up ‘Meghdoot’ machines at Mumbai stations

  • Indian Railways have set up ‘Meghdoot’ machines at Dadar, Thane and other stations of the Mumbai Division.
  • These unique ‘Meghdoot’ machines use innovative technology to convert water vapour in the air into potable water.
  • The contract for setting up 17 ‘MEGHDOOT’, Atmospheric Water Generator Kiosks’ over Mumbai Division of Central Railway under NINFRIS policy for a period of 5 years has been awarded to Maithri Aquatech Pvt Ltd.
  • License fee of this innovative project is Rs 25,50,000 per annum, in which Rs 1,50,000 per year for each kiosk at 6 stations- CSMT-5, Dadar -5, Kurla-1, Thane -4, Ghatkopar -1, Vikhroli- 1.

Tata Steel signed an MoU with Punjab government to set up steel plant in Ludhiana

  • Tata Steel has signed an MoU with the Punjab Government for setting up a steel plant with a scrap-based electric arc furnace (EAF) in Ludhiana.
  • This initiative to set up the greenfield facility at Kadiana Khurd, Hitech Valley, Ludhiana in Punjab is a part of Tata Steel’s commitment to investing in a circular economy
  • It is a step aligned to the Company’s goal of achieving Net Zero carbon emission by 2045.
  • This EAF-based steel plant would produce construction-grade steel rebar under the Company’s flagship retail brand ‘Tata Tiscon.
  • In FY 2021-22, Tata Steel became the first steel rebar manufacturing company to receive GreenPro certification.

About Punjab

  • Capital – Chandigarh
  • Chief Minister – Bhagwant Mann
  • Governor – Banwarilal Purohit

Recent MoUs

  • Andhra Pradesh signed an MoU with Parley for the Oceans to save seas from pollution
  • Odisha Government signed an MoU with NIOT for protecting coastline
  • Andhra Pradesh govt signed an MoU with NISG for integrated land management system
  • Rajasthan signed an MoU with Telangana to set up women’s bank
  • Telangana government partnered with UNDP for Data in Climate Resilient Agriculture (DiCRA)
  • Telangana government has joined hands with the United Nations Development

Banking and Financial

NMDFC signed an agreement with ICICI Bank for development of banking software

  • National Minorities Development and Finance Corporation (NMDFC) has signed an agreement with ICICI Bank for the development of financial accounting software and mobile application.
  • The agreement provides for the development of financial accounting software for NMDFC and State Channelizing Agencies (SCAs), loan accounting software for receiving and processing of loan applications, and accounting of repayments from beneficiaries.
  • The mandate of the NMDFC, which comes under the minority affairs ministry, is to provide concessional finance for self-employment and income generation activities to the backward sections amongst the minority communities.

About Industrial Credit and Investment Corporation of India (ICICI) Bank

  • Founded – 1994
  • Headquarters – Vadodara, Gujarat
  • MD & CEO – Sandeep Bakhshi
  • Tagline – Hum Hai Na Khayal Apka

Recent Agreements

  • HDFC Bank partnered with Tata Neu to launch two new credit cards
  • Mastercard partnered with BASIX to create an agri-tech platform for farmers
  • Castler partnered with Yes Bank for digital escrow services
  • Axis Bank signed an MoU with FCI to provide “Ultima Salary Package”
  • Yes Bank partnered with SellerApp to facilitate adoption of ONDC

SEBI penalized Aadhaar Ventures for flouting market norms

  • Capital markets regulator SEBI levied fines on Aadhaar Ventures India Ltd (AVIL) and its directors for violating insider trading rules and listing conditions.
  • The total fines levied on AVIL is Rs 25 lakh.
  • The order came after Sebi conducted an early investigation for alleged price manipulation in the scrip of AVIL and observed that it had made the announcement in August 2014 regarding the acquisition of a company in Africa and further setting up an overseas subsidiary in Singapore, which did not materialize.

About Securities and Exchange Board of India (SEBI)

  • Founded – 12 April 1988
  • Act – 1992
  • Headquarters – Mumbai
  • Chairman – Madhabi Puri Buch
  • SEBI Set up – Uday Kotak committee

Appointment and Resignation

Santosh Iyer appointed as MD & CEO of Mercedes-Benz

  • German luxury carmaker Mercedes-Benz has named Santosh Iyer as the Managing Director & CEO of the Indian operations with effect from January 1, 2023.
  • Santosh Iyer is currently working as Vice President, Sales & Marketing, and would be the first Indian to lead Mercedes-Benz India operations.
  • Iyer replaces Martin Schwenk who will assume the responsibility as the President and Chief Executive Officer of Mercedes-Benz Thailand.

Recent Appointment

  • Interim President of Indian Olympic Association – Adille Sumariwalla
  • Whole-time member of SEBI – Ananth Narayan Gopalakrishnan
  • MD of IDFC Limited – Mahendra Shah
  • Chirman of DRDO – Samir V. Kamat
  • Non-executive directors of RBL Bank – Gopal Jain & Sivakumar Gopalan

Nagesh Singh appointed as India’s ambassador to Thailand

  • An Indian Foreign Service officer of the 1995 batch, Nagesh Singh has been appointed as India’s next ambassador to Thailand.
  • Singh will replace the incumbent ambassador Suchitra Durai.
  • Nagesh Singh is presently working as a Joint Secretary in the Ministry of External Affairs.

Recent Appointment

  • India’s High Commissioner to Bangladesh – Pranay Verma
  • India’s High Commissioner to UK – Vikram Doraiswami

About Thailand

  • Capital – Bangkok
  • Currency – Thai baht
  • Prime Minister – Prayut Chan-o-cha

Important day

30 August – International Whale Shark Day

  • International Whale Shark Day is observed on 30 August every year.
  • Objective – To spread awareness about the importance of whale sharks and their conservation.
  • The day was started in 2008, at the International Whale Shark Conference in Isla Holbox.
  • On this occasion, Wildlife Trust of India (WTI) is launching ‘save the whale shark campaign’ in Karnataka, Kerala, and Lakshadweep.
  • The whale shark market has led to an approximate 50% decline in the fish’s population, leading them to be placed on the endangered species list. ‘Save the whale shark’ campaign aims to reinstate the beautiful creature to its former glory.



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