Wednesday, 27 April 2022

N Chandrasekaran takes charge as Tata Digital Chairman

27 April 2022
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N Chandrasekaran takes charge as Tata Digital Chairman

Tata Sons executive chairman N Chandrasekaran has formally taken charge as chairman of Tata Digital. At present, Tata's digital strategy is being spearheaded by its CEO Pratik Pal along with Mukesh Bansal, founder of Cultfit. Chandrasekaran’s formal appointment is of significance considering its future plans of raising funds from external investors.

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For Chandrasekaran, who was reappointed as the chairman of Tata Sons for another five years in February, Tata Digital has been his brainchild since he took charge as Tata Sons chairman. He has been closely involved in its growth plans from the beginning as the Mumbai-based conglomerate eyes to make a dent in the Indian eCommerce universe.

Meghalaya E-proposal System grabbed prestigious UN Award

27 April 2022
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Meghalaya E-proposal System grabbed prestigious UN Award

The important effort of Meghalaya’s Planning Department, the e-Proposal System, which is part of Meghalaya Enterprise Architecture (MeghEA), has been awarded the prestigious UN Award – World Summit on the Information Society Forum (WSIS) Prizes 2022.

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Key Points:

  • The state government noted that in today’s digital era, IT is critical in not only innovating digital services but also in catering to the requirements of the public and fostering inclusive communities.
  • MeghEA was launched by CM Conrad K Sangma in 2019 and is being executed by the Planning Department of the Government of Meghalaya.
  • In the beginning of the year, the government announced that Meghalaya had been chosen as one of the top 360 projects in the world.
  • The UN chooses the best five in each of the 18 categories as Champion Projects. Along with programmes from Australia, China, Argentina, and Tanzania, Meghalaya has been named a UN Champion Project in the area of “The role of governments and all stakeholders in the promotion of ICTs for development.”
  • One of the top five projects will be named Winning Project.
  • Meghalaya e-Proposal System is also expected to receive the winning award, which will be presented on May 31st in Geneva, Switzerland.

According to the government, the e-Proposal system now automates all of Meghalaya’s departments and directorates’ sanctions and administrative approvals, and delivers government services with desired outcomes to all citizens and other stakeholders across the state in an integrated and seamless manner. In government departments, it eliminates 75% of physical files.

About MeghEA:

  • MeghEA is a flagship programme of the Government of Meghalaya, backed by the National e-Gov Division (NeGD), the country’s first of its type.
  • MeghEA’s consulting partner is KPMG, while implementation agencies include Humanitics, NIC, and others.

Kerala signed MoU with the Netherlands for “Cosmos Malabaricus” Project

27 April 2022
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Kerala signed MoU with the Netherlands for “Cosmos Malabaricus” Project

Kerala and the Netherlands have signed a Memorandum of Understanding (MoU) for the ‘Cosmos Malabaricus’ project. This study will contribute to a better understanding of Kerala’s history in the 18th century.

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Key Points:

  • In Malappuram and Kollam, the state will also collaborate with the Netherlands to establish paint academies.
  • The agreements were inked in the presence of Kerala Chief Minister Pinarayi Vijayan and Dutch Ambassador to India Marten van den Berg.
  • The Kerala Council for Historical Research (KCHR), which is part of the Department of Higher Education, the University of Leiden, and the National Archives of the Netherlands, is carrying out this project.
  • The amount of time it will take to accomplish this project
  • This project will take six years to complete.

About the Project:

  • This research will focus on the 18th-century Dutch documents on Malabar, which are often regarded as the most comprehensive source of information on the period in Kerala from 1643 to 1852.
  • The documents are available in Tamil Nadu, Kerala, and the Netherlands, and are written in the ancient Dutch language.
  • Students from Kerala will be able to study Master of Arts programmes at Leiden University as part of this project, while students from the Netherlands will be able to complete an internship at the KCHR.
  • In addition, each year, Leiden University and KCHR will host a two-week summer school on a topic linked to Kerala’s history.

Aim of the Project:

  • The project’s goal is to make digitised Dutch archival information accessible to a wide range of audiences, including Indian and foreign experts as well as Kerala residents.
  • The materials will be translated, and English summaries will be made available.
  • The materials will aid in the comprehension of Kerala’s social, political, cultural, and economic history.

AkzoNobel India Limited, a renowned chemical and paint manufacturer in India with a Dutch subsidiary, and ASAP (Additional Skill Acquisition Program), Indian Institute of Infrastructure & Construction, Kollam; CREDAI, Kerala, have signed a memorandum of understanding to develop the paint school. The paint academy, which will be built on the IIICC campus in Chavara, Kollam, would provide training in painting structures. The institution, which will be located at ASAP Skill Sky Park in Thavanur, Malappuram, would provide instruction in vehicle painting. 380 persons will be trained in the first year.

UK’s Commonwealth Points of Light Award won by Kishore Kumar Das

27 April 2022
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UK’s Commonwealth Points of Light Award won by Kishore Kumar Das

The founder of the educational charity ‘Bidyanando’ Kishore Kumar Das from Bangladesh has been chosen for the United Kingdom's Commonwealth Points of Light Award for his exceptional work in improving access to education for children from marginalised backgrounds. UK's Commonwealth Point of Light Awards recognises outstanding individual volunteers who are making a change in their community.

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About Kishore Kumar Das 

  • Kishore Das set up Bidyanando in 2013 with just 22 students. It now runs five primary schools which provide free education as well as academic coaching sessions and scholarship programmes to help children continue into higher education.
  • Kishore has also started a meal programme, ‘Ek takay aahar’ (Meal for one Taka), which has provided more than 10,000 nutritious meals for vulnerable people, particularly children and those who are homeless.
  • During the Corona pandemic, Bidyanondo ramped up its effort to distribute relief across the country.

Robert Golob elected as Prime Minister of Slovenia

27 April 2022
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Robert Golob elected as Prime Minister of Slovenia

Robert Golob has defeated three-time prime minister Janez JanÅ¡a in the Slovenia Prime Minister election. State election authorities have confirmed that the Freedom Movement won nearly 34% of the votes as compared to around 24% for the governing conservative Slovenian Democratic Party. The New Slovenia party with 7%, followed by the Social Democrats with more than 6%, and the Left party with just 4%.

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The 55-year-old former power company manager has promised to restore "normality", having billed the elections as a "referendum on democracy".

Important takeaways for all competitive exams:

  • Slovenia Capital: Ljubljana;
  • Slovenia Currency: Euro;
  • Slovenia President: Borut Pahor.

India will host 21st World Congress of Accountants

27 April 2022
-------------------------------

India will host 21st World Congress of Accountants

According to the Institute of Chartered Accountants of India (ICAI) president, Debashis Mitra, India is set to host the 21st World Congress of Accountants (WCOA), the Kumbh of accountants, for the first time in 118 years of its existence. About 6000 top accountants from 130 countries will participate in the programme physically. The event will be held from November 18 to 21 after outbidding France.

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The event will be held at Jio World Convention Centre in Mumbai. The theme for 2022 would be `Building Trust Enabling Sustainability’. The WCOA, a forum for thought leadership and global exchange of views, is held every four years since it started in 1904.

Important takeaways for all competitive exams:

  • Institute of Chartered Accountants of India Formation: 1 July 1949;
  • Institute of Chartered Accountants of India Headquarters: New Delhi, India;
  • Institute of Chartered Accountants of India President: Debashis Mitra;
  • Institute of Chartered Accountants of India Vice President: Aniket Sunil Talati;
  • Institute of Chartered Accountants of India Secretary: Jai Kumar Batra;

27 April 2022
-------------------------------

BHIM UPI became operational at NEOPAY terminals in the UAE

NPCI International Payments Ltd (NIPL), the International arm of the National Payment Corporation of India has announced that BHIM UPI is now live at NEOPAY terminals, across the UAE. This initiative will empower millions of Indians who travel to the UAE, to safely and conveniently make payments using BHIM UPI. NIPL and NEOPAY, the payment subsidiary of Mashreq bank, partnered last year to create the acceptance infrastructure in the UAE.

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With the acceptance of BHIM UPI in the UAE, Indian tourists can now make seamless payments through BHIM UPI across NEOPAY enabled shops and merchant stores. This partnership will play a key role in transforming the P2M payment experience for Indian travellers in the UAE. The implementation of the BHIM UPI in the UAE is a stepping stone toward providing a major boost to digital payments in the country.

About the Unified Payments Interface:

Unified Payments Interface (UPI) is an instant real-time payment system developed by the National Payments Corporation of India for facilitating inter-bank transactions. The simple, safe, cost-effective mobile-based payments system has become one of the most prominent forms of digital payments. In the Financial year 2022 (FY22), UPI enabled 45.6 Billion transactions, worth USD 1 Trillion, making it the best performing real-time payment eco-system in the world.

Important takeaways for all competitive exams:

  • NPCI International Payments Ltd Establishment: 2020;
  • NPCI International Payments Ltd Headquarters: Mumbai, Maharashtra;
  • NPCI International Payments Ltd CEO: Ritesh Shukla.

27th April Daily Current Affairs 2022: Today GK Updates for Bank Exam

27 April 2022
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27th April Daily Current Affairs 2022: Today GK Updates for Bank Exam

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of the 27th April 2022 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Here is the Daily GK Update of the 27th April March 2022 covering the following news headlines: World Immunization Week, UK’s Commonwealth Points of Light Award, 21st World Congress of Accountants, BHIM UPI, Aditya Birla Capital.

Top 16 Daily GK Updates: National & International News 

Here is providing below the top 16 important Daily General Knowledge 2022 updates with national & international news.

National News

1. Village Palli: India’s 1st carbon-neutral panchayat in J&K

  • Prime Minister Narendra Modi dedicated a 500 KV solar plant to the nation in the unassuming hamlet of Palli in Jammu and Kashmir's border region of Samba making it the country's first 'carbon neutral panchayat.'
  • Palli, according to the Prime Minister, has showed the country the way by becoming carbon neutral.
  • Palli residents have assisted with the project. They've also fed those who are working on the project.
  • Officials added that under the national government's 'Gram Urja Swaraj' programme, 1,500 solar panels with a total area of 6,408 square metres will provide clean electricity to 340 homes in the model panchayat.
  • As India's first carbon-neutral solar village, the village has made history.
  • Officials said the project was finished in record time for a cost of 2.75 crore. The electricity generated will be distributed to the village through the local power grid station, which has a daily need of 2,000 units.

International News

2. Robert Golob elected as Prime Minister of Slovenia 

  • Robert Golob has defeated three-time prime minister Janez JanÅ¡a in the Slovenia Prime Minister election.
  • State election authorities have confirmed that the Freedom Movement won nearly 34% of the votes as compared to around 24% for the governing conservative Slovenian Democratic Party.
  • The New Slovenia party with 7%, followed by the Social Democrats with more than 6%, and the Left party with just 4%.
  • The 55-year-old former power company manager has promised to restore "normality", having billed the elections as a "referendum on democracy".

Important takeaways for all competitive exams:

  • Slovenia Capital: Ljubljana;
  • Slovenia Currency: Euro;
  • Slovenia President: Borut Pahor.

States News

3. Tamil Nadu govt to observes Minorities Rights Day every year on 18 December 

  • Tamil Nadu government has announced that December 18, every year will be observed as Minorities Rights Day at the state level. The state government promotes the upliftment and economic advancement of the minorities through effective implementation of schemes and welfare measures.
  • The government, being the saviour of minorities, is striving tirelessly to promote the upliftment and economic advancement of the minorities through effective implementation of various development schemes and welfare measures.
  • This day is being observed at the district level of Tamil Nadu under the concerned collectors concerned. Henceforth, it will also be observed at the state level.

Important takeaways for all competitive exams:

  • Tamil Nadu Capital: Chennai;
  • Tamil Nadu Chief minister: K. Stalin;
  • Tamil Nadu Governor: N. Ravi.

4. Kerala signed MoU with the Netherlands for “Cosmos Malabaricus” Project 

  • Kerala and the Netherlands have signed a Memorandum of Understanding (MoU) for the 'Cosmos Malabaricus' project. This study will contribute to a better understanding of Kerala's history in the 18th century.
  • In Malappuram and Kollam, the state will also collaborate with the Netherlands to establish paint academies.
  • The agreements were inked in the presence of Kerala Chief Minister Pinarayi Vijayan and Dutch Ambassador to India Marten van den Berg.
  • The Kerala Council for Historical Research (KCHR), which is part of the Department of Higher Education, the University of Leiden, and the National Archives of the Netherlands, is carrying out this project.
  • The amount of time it will take to accomplish this project
  • This project will take six years to complete.

Appointments News

5. N Chandrasekaran takes charge as Tata Digital Chairman 

  • Tata Sons executive chairman N Chandrasekaran has formally taken charge as chairman of Tata Digital. At present, Tata's digital strategy is being spearheaded by its CEO Pratik Pal along with Mukesh Bansal, founder of Cultfit. Chandrasekaran’s formal appointment is of significance considering its future plans of raising funds from external investors.
  • For Chandrasekaran, who was reappointed as the chairman of Tata Sons for another five years in February, Tata Digital has been his brainchild since he took charge as Tata Sons chairman. He has been closely involved in its growth plans from the beginning as the Mumbai-based conglomerate eyes to make a dent in the Indian eCommerce universe.

Appointments News

6. Haj Committee of India elects AP Abdullahkutty as chairperson

  • AP Abdullahkutty has been elected as the chairperson of the Haj Committee of India, while for the first time, two women have been chosen as its vice-chairpersons– Munnawari Begum and Mafuja Khatun. Ministry of Minority Affairs is the nodal ministry to conduct the Haj pilgrimage in India.
  • Haj pilgrimage for the Indian pilgrims is conducted either through Haj Committee of India (HCoI), or the Haj Group Organisers (HGOs) approved by the Ministry.
  • The Government of India has appointed C Muhammed Faizi as a member of the Haj Committee of India (HCoI), a statutory body under the Ministry of Minority Affairs, under sub-section (11), of Section 4 of Haj Committee Act 2022, for a period of 3 years up to 31st March 2025 with effect from 21st April 2022.

7. Aditya Birla Capital named Vishakha Mulye as next CEO 

  • Vishakha Mulye has been appointed as the next Chief Executive Officer of Aditya Birla Capital. The company said in its stock filing that the board of directors approved the appointment based on the recommendations of the Nomination, Remuneration and Compensation Committee.
  • She replaces Ajay Srinivasan, who is taking up other responsibilities within the group, as per the exchange filing. Mulye, currently the Executive Director of ICICI Bank, will join Aditya Birla Capital on June 1, 2022, and will operate as the CEO with Srinivasan for a month to ensure a smooth transition of leadership. She will take charge of her role as the CEO of Aditya Birla Capital Limited post this period

Business News

8. BHIM UPI became operational at NEOPAY terminals in the UAE 

  • NPCI International Payments Ltd (NIPL), the International arm of the National Payment Corporation of India has announced that BHIM UPI is now live at NEOPAY terminals, across the UAE.
  • This initiative will empower millions of Indians who travel to the UAE, to safely and conveniently make payments using BHIM UPI. NIPL and NEOPAY, the payment subsidiary of Mashreq bank, partnered last year to create the acceptance infrastructure in the UAE.
  • With the acceptance of BHIM UPI in the UAE, Indian tourists can now make seamless payments through BHIM UPI across NEOPAY enabled shops and merchant stores. This partnership will play a key role in transforming the P2M payment experience for Indian travellers in the UAE. The implementation of the BHIM UPI in the UAE is a stepping stone toward providing a major boost to digital payments in the country.

Important takeaways for all competitive exams:

  • NPCI International Payments Ltd Establishment: 2020;
  • NPCI International Payments Ltd Headquarters: Mumbai, Maharashtra;
  • NPCI International Payments Ltd CEO: Ritesh Shukla.

Summits and Conferences News

9. India will host the 21st World Congress of Accountants

  • According to the Institute of Chartered Accountants of India (ICAI) president, Debashis Mitra, India is set to host the 21st World Congress of Accountants (WCOA), the Kumbh of accountants, for the first time in 118 years of its existence.
  • About 6000 top accountants from 130 countries will participate in the programme physically. The event will be held from November 18 to 21 after outbidding France.
  • The event will be held at Jio World Convention Centre in Mumbai. The theme for 2022 would be `Building Trust Enabling Sustainability’. The WCOA, a forum for thought leadership and global exchange of views, is held every four years since it started in 1904.

Important takeaways for all competitive exams:

  • Institute of Chartered Accountants of India Formation: 1 July 1949;
  • Institute of Chartered Accountants of India Headquarters: New Delhi, India;
  • Institute of Chartered Accountants of India President: Debashis Mitra;
  • Institute of Chartered Accountants of India Vice President: Aniket Sunil Talati;
  • Institute of Chartered Accountants of India Secretary: Jai Kumar Batra;

Awards News

10. Sir David Attenborough earns UN 'Champion of the Earth Lifetime Achievement award'

  • United Nations Environment Programme (UNEP) has named Sir David Attenborough, English natural history broadcaster and naturalist, as the recipient of the Champions of the Earth Award 2021 under the Lifetime Achievement category.
  • This award is given to him for his dedication to research, documentation, and advocacy for the protection of nature and its restoration.
  • Sir David Attenborough is well known for his innovative educational television programs, especially the nine-part Life series forming the Life collection. His well-known documentaries include The Green Planet and A Plastic Ocean.
  • He was knighted twice by Queen Elizabeth II in 1985 and again in 2020. He has won 3 Emmy Awards and 8 British Academy of Film and Television Arts (BAFTA) awards.

Other Winners of 2021 Champions of the Earth Awards:

CategoryWinnersCountry
Policy LeadershipMia Mottley
(Prime Minister, Barbados)
Barbados
Inspiration And ActionSea Women of MelanesiaPapua New Guinea and the Solomon Islands
Science And InnovationDr Gladys Kalema-Zikusoka
Founder and CEO of Conservation Through Public Health (CTPH)
Uganda
Enterpreneurial VisionMaria KolesnikovaKyrgyz Republic

Important takeaways for all competitive exams:

  • United Nations Environment Programme Founded: 1972;
  • United Nations Environment Programme Headquarters: Nairobi, Kenya;
  • United Nations Environment Programme Executive Director: Inger Andersen (Denmark).

11. UK’s Commonwealth Points of Light Award won by Kishore Kumar Das

  • The founder of the educational charity ‘Bidyanando’ Kishore Kumar Das from Bangladesh has been chosen for the United Kingdom's Commonwealth Points of Light Award for his exceptional work in improving access to education for children from marginalised backgrounds.
  • UK's Commonwealth Point of Light Awards recognises outstanding individual volunteers who are making a change in their community.
  • Kishore Das set up Bidyanando in 2013 with just 22 students. It now runs five primary schools which provide free education as well as academic coaching sessions and scholarship programmes to help children continue into higher education.
  • Kishore has also started a meal programme, ‘Ek takay aahar’ (Meal for one Taka), which has provided more than 10,000 nutritious meals for vulnerable people, particularly children and those who are homeless.
  • During the Corona pandemic, Bidyanondo ramped up its effort to distribute relief across the country.

12. Meghalaya E-proposal System grabbed prestigious UN Award

  • The important effort of Meghalaya's Planning Department, the e-Proposal System, which is part of Meghalaya Enterprise Architecture (MeghEA), has been awarded the prestigious UN Award – World Summit on the Information Society Forum (WSIS) Prizes 2022.
  • The state government noted that in today's digital era, IT is critical in not only innovating digital services but also in catering to the requirements of the public and fostering inclusive communities.
  • MeghEA was launched by CM Conrad K Sangma in 2019 and is being executed by the Planning Department of the Government of Meghalaya.
  • In the beginning of the year, the government announced that Meghalaya had been chosen as one of the top 360 projects in the world.
  • The UN chooses the best five in each of the 18 categories as Champion Projects. Along with programmes from Australia, China, Argentina, and Tanzania, Meghalaya has been named a UN Champion Project in the area of "The role of governments and all stakeholders in the promotion of ICTs for development."
  • One of the top five projects will be named Winning Project.
  • Meghalaya e-Proposal System is also expected to receive the winning award, which will be presented on May 31st in Geneva, Switzerland.

Important Days

13. WHO’s World Immunization Week: 24-30 April

  • World Immunization Week is celebrated worldwide in the last week of April, to highlight the collective action required and to promote the use of vaccines to protect people of all age groups against disease.
  • This year, WHO is going to celebrate World Immunization Week from April 24 to April 30. To commemorate the day, WHO has decided the theme of this year’s Immunization Week as “Long Life for All”.
  • In May 2012, the World Health Assembly, the decision-making body of the WHO, endorsed World Immunization Week. The world’s first “World Immunization Week” was observed in 2012, which witnessed the simultaneous participation of more than 180 countries and territories worldwide.

Important takeaways for all competitive exams:

  • World Health Organization Headquarters: Geneva, Switzerland;
  • World Health Organization Founded: 7 April 1948;
  • World Health Organization Director-General: Tedros Adhanom.

Obituaries News

14. Padma Shri Structural biologist M. Vijayan passes away

  • Eminent structural biologist M. Vijayan, DAE Homi Bhabha Professor at the Indian Institute of Science (IISc), passed away in Bengaluru. Vijayan, who was instrumental in the development of macromolecular crystallography in India, was 80.
  • Born in Cherpu, Thrissur, in 1941, Prof. Vijayan graduated from the Kerala Varma College, and continued his studies at Allahabad University, before pursuing his PhD in X-ray Crystallography from IISc, Bangalore.
  • A recipient of the Padma Shri and Shanti Swarup Bhatnagar Prize, Prof. Vijayan was the president of the Indian National Science Academy from 2007 to 2010.

Miscellaneous News

15. India’s first Amrit Sarovar established in UP’s Rampur

  • India's first 'Amrit Sarovar' has been completed at Rampur's Gram Panchayat Patwai, thanks to the efforts of Chief Minister Yogi Adityanath's government in Uttar Pradesh. As part of the Azadi Ka Amrit Mahotsav, 75 water bodies will be developed and regenerated as part of the Amrit Sarovar initiative.
  • In just a few weeks, a pond in Rampur was cleaned and revived.
  • This pond has now become a major tourist attraction in the rural area.
  • In Rampur, 75 ponds were chosen to be developed as Amrit Sarovar.
  • The construction on the pond in village panchayat Patwai of development block Shahbad was finished out of the selected ponds.
  • Work on the pond in Gram Panchayat Singan Kheda with the largest area (1.67 hectare) has also begun.
  • In the next three months, this garbage-strewn pond will be transformed into 'Amrit Sarovar,' a rural tourism destination.

16. India made Guinness Record for synchronic Waving of More than 78,000 National Flags

  • According to the Ministry of Culture, India entered the Guinness Book of World Records by simultaneously waving 78,220 flags at the 'Veer Kunwar Singh Vijayotsav' programme in Bhojpur, Bihar. India made history and entered the Guinness Book of World Records by simultaneously waving the largest number of national flags. Amit Shah, the Union Home Minister, was present at the historic event.
  • Pakistan had previously established a world record when 56,000 Pakistanis hoisted their national flag at an occasion in Lahore roughly 18 years ago.
  • On April 23, 1858, Veer Kunwar Singh fought his final fight near Jagdishpur, defeating the East India Company. After removing the Union Jack flag from Jagdishpur Fort, Kunwar Singh died in the service of the motherland.

India made Guinness Record for synchronic Waving of More than 78,000 National Flags

27 April 2022
-------------------------------

India made Guinness Record for synchronic Waving of More than 78,000 National Flags

  • According to the Ministry of Culture, India entered the Guinness Book of World Records by simultaneously waving 78,220 flags at the ‘Veer Kunwar Singh Vijayotsav’ programme in Bhojpur, Bihar. India made history and entered the Guinness Book of World Records by simultaneously waving the largest number of national flags. Amit Shah, the Union Home Minister, was present at the historic event.

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Key Points:

  • Representatives from the Guinness Book of World Records were on hand to observe the effort, and spectators were required to wear wristbands for physical identification.
  • The Guinness World Records certificate says, “The most people waving flags was accomplished by Ministry of Home Affairs and Ministry of Culture, Government of India (India), to commemorate Azaadi ka Amrit Mahotsav’ at Jagdishpur, Bhojpur, Bihar, India on April 23, 2022.”
  • In the presence of Union Home Minister Amit Shah, 78,220 people raised the national flag simultaneously at Dalaur ground in Bihar’s Bhojpur district, setting a new record and making history.

Background:

  • Pakistan had previously established a world record when 56,000 Pakistanis hoisted their national flag at an occasion in Lahore roughly 18 years ago.
  • On April 23, 1858, Veer Kunwar Singh fought his final fight near Jagdishpur, defeating the East India Company. After removing the Union Jack flag from Jagdishpur Fort, Kunwar Singh died in the service of the motherland.

India’s first Amrit Sarovar established in UP’s Rampur

27 April 2022
-------------------------------

India’s first Amrit Sarovar established in UP’s Rampur

India’s first ‘Amrit Sarovar’ has been completed at Rampur’s Gram Panchayat Patwai, thanks to the efforts of Chief Minister Yogi Adityanath’s government in Uttar Pradesh. As part of the Azadi Ka Amrit Mahotsav, 75 water bodies will be developed and regenerated as part of the Amrit Sarovar initiative.

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Key Points:

  • In just a few weeks, a pond in Rampur was cleaned and revived.
  • This pond has now become a major tourist attraction in the rural area.
  • In Rampur, 75 ponds were chosen to be developed as Amrit Sarovar.
  • The construction on the pond in village panchayat Patwai of development block Shahbad was finished out of the selected ponds.
  • Work on the pond in Gram Panchayat Singan Kheda with the largest area (1.67 hectare) has also begun.
  • In the next three months, this garbage-strewn pond will be transformed into ‘Amrit Sarovar,‘ a rural tourism destination.

Prime Minister Narendra Modi emphasised water conservation in the country in his 88th monthly radio address, ‘Mann ki Baat’, saying it is critical to the country’s prosperity. PM Modi praised a Panchayat in Uttar Pradesh for revitalising a pond that had previously been clogged with garbage.

Saturday, 16 April 2022

PM Modi Dedicates K. K. Patel Super Speciality Hospital in Bhuj

16 April 2022
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PM Modi Dedicates K. K. Patel Super Speciality Hospital in Bhuj

Prime Minister Narendra Modi has dedicated to the nation, a 200-bed KK Patel Super Speciality Hospital in Bhuj in the Kutch district of Gujarat, via video-conferencing. This hospital has been built by Shree Kutchi Leva Patel Samaj, Bhuj and is the first charitable super speciality hospital in the Kutch region.

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It will guarantee quality medical treatment for the people of Kutch including lakhs of soldiers, par military personnel and traders. This initiative is in line with the policy of the Central government to set up at least one medical college in every district of the country so that India gets a record number of doctors in the next 10 years.

(e-NAM) National Agriculture Market Completed 6 years

16 April 2022
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(e-NAM) National Agriculture Market Completed 6 years

e-NAM marks the sixth anniversary of the National Agriculture Market (e-NAM), a pan-India electronic trade network. To ease online trade of agricultural commodities, the flagship programme incorporates physical wholesale mandis and markets from several States and Union Territories. The Small Farmers Agribusiness Consortium is implementing e-NAM, which was launched on April 14th in 2016 by Prime Minister Narendra Modi. It is completely funded by the Central Government.

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What is eNAM?

The National Agriculture Market (eNAM) is a pan-India electronic trading system that connects the existing APMC mandis to form a unified national agricultural commodities market. Under the Ministry of Agriculture and Farmers’ Welfare of the Government of India, the Small Farmers Agribusiness Consortium (SFAC) is the key agency for implementing eNAM.

VISION

To enhance agricultural marketing uniformity by streamlining procedures across linked marketplaces, eliminating information asymmetry between buyers and sellers, and encouraging real-time price discovery based on actual demand and supply.

MISSION

Farmers can sell their produce through an online competitive and transparent price discovery method on the e-nam platform, which encourages greater marketing prospects for them. Farmers are free to register and sell their produce on the e-nam site. A total of 1000 mandis from 18 states and three union territories have joined the e-nam platform, with over one crore 72 lakh farmers benefiting.

Integration of APMCs across the country via a shared online market platform to improve pan-India commerce in agriculture commodities, allowing for better price discovery through a transparent auction procedure based on product quality and quick online payment.

Odisha CM unveils logo of 2023 Men’s Hockey World Cup

16 April 2022
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Odisha CM unveils logo of 2023 Men’s Hockey World Cup

Odisha Chief Minister Naveen Patnaik has unveiled the logo of the 2023 FIH Men’s Hockey World Cup at the Kalinga stadium in the capital Bhubaneswar. To be held in the twin cities of Bhubaneswar and Rourkela, the prestigious quadrennial tournament is scheduled from January 13 to 29.

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Hockey India and its official partner Odisha will host the marquee event for the second consecutive time in the country after 2018. The 15th edition of the showpiece will be staged in Bhubaneswar and Rourkela, where the country’s largest hockey stadium is being constructed.

128th Foundation Day of Punjab National Bank

16 April 2022
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128th Foundation Day of Punjab National Bank

Punjab National Bank, India’s second-largest bank has celebrated its 128th Foundation Day on April 12, 2022. On the occasion of foundation day, MD & CEO of PNB, Atul Kumar Goel has launched a cardless cash withdrawal service and a virtual debit card for its customers. Bank also launched various services on its mobile app named PNB One for safe banking transactions.

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PNB was established by the great freedom fighter Lala Lajpat Rai, proudly known as Sher-e-Punjab (Lion of Punjab) in 1894 as the First Swadeshi Bank after being influenced by the swadeshi movement.

Important takeaways for all competitive exams:

  • Punjab National Bank (PNB) Founded: 1894;
  • Punjab National Bank (PNB) Headquarters: New Delhi;
  • Punjab National Bank (PNB) MD & CEO: Atul Kumar Goel;
  • Punjab National Bank (PNB) Tagline: The Name You Can Bank Upon.

16th April Daily Current Affairs 2022: Today GK Updates for Bank Exam

16 April 2022
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16th April Daily Current Affairs 2022: Today GK Updates for Bank Exam

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of the 16th April 2022 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Here is the Daily GK Update of the 16th April March 2022 covering the following news headlines: World Voice Day 2022, Save the Elephant Day, National basketball championship, 2023 Men's Hockey World Cup, E-National Agriculture Market.

Top 12 Daily GK Updates: National & International News 

Here is providing below the top 12 important Daily General Knowledge 2022 updates with national & international news.

National News

1. PM Modi Dedicates K. K. Patel Super Speciality Hospital in Bhuj  

  • Prime Minister Narendra Modi has dedicated to the nation, a 200-bed KK Patel Super Speciality Hospital in Bhuj in the Kutch district of Gujarat, via video-conferencing.
  • This hospital has been built by Shree Kutchi Leva Patel Samaj, Bhuj and is the first charitable super speciality hospital in the Kutch region. It will guarantee quality medical treatment for the people of Kutch including lakhs of soldiers, par military personnel and traders.
  • This initiative is in line with the policy of the Central government to set up at least one medical college in every district of the country so that India gets a record number of doctors in the next 10 years.

International News

2. Israel successfully tests ‘Iron Beam’ new laser-based air defence system 

  • Israel successfully tested a new laser missile-defence system ‘Iron Beam‘ which can destroy any airborne object including drones.
  • Iron Beam is the world’s first energy-based weapons system that uses a laser beam to shoot down incoming UAVs, rockets, mortars, long-range missiles, anti-tank missiles etc.
  • The Iron Beam which is developed by the Rafael Advanced Defense Systems is using a directed-energy weapon system and can go a long way in providing aerial defence.

Iron Beam: How it works

  • Iron Beam works on a fibre laser system to destroy any airborne object.
  • Iron Dome defense system has been a great success, with a 90% interception rate against incoming rocket fire.

Important takeaways for all competitive exams:

  • Israel Capital: Jerusalem;
  • Israel President: Isaac Herzog;
  • Israel Prime minister: Naftali Bennett;
  • Israel Currency: Israeli Shekel.

Bankings News

3. 128th Foundation Day of Punjab National Bank

  • Punjab National Bank, India’s second-largest bank has celebrated its 128th Foundation Day on April 12, 2022.
  • On the occasion of foundation day, MD & CEO of PNB, Atul Kumar Goel has launched a cardless cash withdrawal service and a virtual debit card for its customers.
  • Bank also launched various services on its mobile app named PNB One for safe banking transactions.
  • PNB was established by the great freedom fighter Lala Lajpat Rai, proudly known as Sher-e-Punjab (Lion of Punjab) in 1894 as the First Swadeshi Bank after being influenced by the swadeshi movement.

Important takeaways for all competitive exams:

  • Punjab National Bank (PNB) Founded: 1894;
  • Punjab National Bank (PNB) Headquarters: New Delhi;
  • Punjab National Bank (PNB) MD & CEO: Atul Kumar Goel;
  • Punjab National Bank (PNB) Tagline: The Name You Can Bank Upon.

4. Fino Payments Bank to buy 12.19% stake in Paysprint Pvt Ltd

  • Fino Payments Bank announced that its board of directors has approved a 12.19 percent minority strategic investment in New Delhi-based fintech Paysprint Pvt Ltd. Fino Payments Bank is making its first strategic investment since becoming public. This is in addition to the bank's Fino 2.0 projects, which include many internal programmes aimed at creating a digital ecosystem for its customers.
  • Paysprint, a profitable fintech, is a fast-growing financial technology firm that provides next-generation application programming interfaces (APIs) in banking, payments, travel, lending, insurance, and investment, among other fields.
  • Paysprint's co-founder and CEO, S Anand, said the fintech company is excited to collaborate with Fino Payments Bank and combine technical knowledge to develop innovative banking products and solutions that will increase consumer acceptance.
  • Paysprint completed its first full year of operations in FY22, with an annual GMV of Rs 5,500 crore.

Awards News

5. Prabhat Patnaik named for Malcolm Adiseshiah Award 2022

  • Well-known Indian economist and political commentator, Prabhat Patnaik has been selected for the Malcolm Adiseshiah Award 2022.
  • The award is annually given by the Malcolm and Elizabeth Adiseshiah Trust to an outstanding social scientist selected from nominations received by a specially constituted national jury.
  • The award includes a citation and prize money of Rs 2 lakh. Dr Patnaik has taught at the Centre for Economic Studies and Planning in the School of Social Sciences at Jawaharlal Nehru University (JNU) in New Delhi and was the Vice Chairman of the Kerala State Planning Board.

Schemes News

6. (e-NAM) National Agriculture Market Completed 6 years

  • e-NAM marks the sixth anniversary of the National Agriculture Market (e-NAM), a pan-India electronic trade network. To ease online trade of agricultural commodities, the flagship programme incorporates physical wholesale mandis and markets from several States and Union Territories.
  • The Small Farmers Agribusiness Consortium is implementing e-NAM, which was launched on April 14th in 2016 by Prime Minister Narendra Modi. It is completely funded by the Central Government.
  • The National Agriculture Market (eNAM) is a pan-India electronic trading system that connects the existing APMC mandis to form a unified national agricultural commodities market. Under the Ministry of Agriculture and Farmers' Welfare of the Government of India, the Small Farmers Agribusiness Consortium (SFAC) is the key agency for implementing eNAM.

Sports News

7. Odisha CM unveils logo of 2023 Men's Hockey World Cup

  • Odisha Chief Minister Naveen Patnaik has unveiled the logo of the 2023 FIH Men’s Hockey World Cup at the Kalinga stadium in the capital Bhubaneswar. To be held in the twin cities of Bhubaneswar and Rourkela, the prestigious quadrennial tournament is scheduled from January 13 to 29.
  • Hockey India and its official partner Odisha will host the marquee event for the second consecutive time in the country after 2018. The 15th edition of the showpiece will be staged in Bhubaneswar and Rourkela, where the country’s largest hockey stadium is being constructed.

8. Tamil Nadu beat Punjab in National basketball championship final

  • Tamil Nadu defeated defending champion Punjab 87-69 in the final to win the men's title in the 71st Senior National Basketball Championship. The formidable Indian Railways team won the women's title, beating Telangana 131-82 in convincing fashion, riding on Poonam Chaturvedi's 26 points.
  • In the men's summit clash, Tamil Nadu pulled ahead after a slow start when Punjab kept pace and never looked back. At half-time, the host had widened the lead to 17 with a 50-33 scoreline. An Aravind with 26 points and M Arvind Kumar (21) were in the fine nick for the home team as they stamped their authority against their arch-rival.

Science and Technology News

9. IIT Guwahati collaborated with NTPC to develop energy-efficient tech to capture CO2

  • The Indian Institute of Technology, Guwahati, has teamed up with the National Thermal Power Corporation (NTPC) to design and construct a highly energy-efficient CO2 collection system from power plants.
  • A research team led by Prof. Bishnupada Mandal, Department of Chemical Engineering, IIT Guwahati, developed this indigenous technique, which could be copyrighted soon.
  • The oil, natural gas, and biogas industries, as well as petroleum refineries, will benefit from the project's outputs.
  • It also has the potential to save India money in terms of foreign exchange.
  • This project will also assist and strengthen the UN's Sustainable Development Goals (SDGs) through its research and education.
  • The pilot plant has been relocated to NTPC's NETRA site following the successful completion of test investigations.

Important Days

10. Save the Elephant Day 2022: 16 April

  • Save the Elephant Day is celebrated on April 16 every year to raise awareness about the dangers elephants face and the various difficulties they have to overcome to live.
  • Save The Elephant Day aims to change this alarming trend by educating people about elephants and the plights they face, encouraging everyone to do their bit and helping save them from extinction.
  • The Day is established by the Thailand-based Elephant Reintroduction Foundation, to spread awareness among the general people about the significance and consequences of their actions, or inactions on the future of elephants. According to WWF data, at present, the population of Pachyderms in India is around 20,000 to 25,000.
  • Elephants are known as the most enormous land animal and a surprisingly gentle giants in the animal kingdom. Emotional, intelligent and beautiful in the wild, sadly elephant populations have been rapidly decreasing due to various threats, perhaps most significantly poaching.

11. World Voice Day 2022 celebrates on 16 April

  • World Voice Day (WVD) is celebrated globally on April 16 every year. The day is observed to demonstrate the enormous importance of the voice in the daily lives of all people. The Day is a global annual event dedicated to recognizing the boundless limits of the human voice.
  • The mission is to share the excitement of the voice phenomenon with people, scientists, and other funding bodies. This year, the theme of the World Voice Day campaign is ‘Lift your voice’.
  • The American Academy of Otolaryngology-Head and Neck Surgery (AAO-HNS) has put forward the motto of the campaign to highlight how maintaining a good quality of voice can improve communication skills.
  • The celebration of World Voice Day was initiated by a group of vocal care professionals in Brazil.
  • In 1999, the Brazilian Society of Laryngology and Voice under the chairmanship of Dr Nedio Steffen first celebrated the day as Brazilian Voice Day on 16 April. The day was also observed in Portugal and Argentina.

Miscellaneous News

12. Puducherry LG inaugurated Beach Festival I Sea PONDY-2022

  • In the presence of Chief Minister N. RangasamyLieutenant Governor Dr. Tamilisai Soundararajan opened the Puducherry first-ever Beach Festival I Sea PONDY-2022.
  • Gandhi Beach, Pondy Marina, and Sandunes of Paradise Beach in Puducherry will host the festival for four days.
  • During the festival, there will be a variety of cultural events and competitions.
  • Pondicherry (or Puducherry) was a French colonial settlement in India until 1954 and is currently a Union Territory town bordering the Tamil Nadu state in the southeast.
  • The French Quarter, with its tree-lined avenues, mustard-coloured colonial mansions, and stylish stores, preserves the city's French heritage.
  • Along the Bay of Bengal, a beachfront promenade passes various statues, including a 4m-high Gandhi Memorial.

Important Takeaways for all Competitive Exams:

  • Puducherry Chief Minister: N. Rangaswamy;
  • Puducherry LG: Dr. Tamilisai Soundararajan.

All the Best BA’ians for the Bank exam!

Tamil Nadu beat Punjab in National basketball championship final

16 April 2022
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Tamil Nadu beat Punjab in National basketball championship final

Tamil Nadu defeated defending champion Punjab 87-69 in the final to win the men’s title in the 71st Senior National Basketball Championship. The formidable Indian Railways team won the women’s title, beating Telangana 131-82 in convincing fashion, riding on Poonam Chaturvedi’s 26 points.

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In the men’s summit clash, Tamil Nadu pulled ahead after a slow start when Punjab kept pace and never looked back. At half-time, the host had widened the lead to 17 with a 50-33 scoreline. An Aravind with 26 points and M Arvind Kumar (21) were in the fine nick for the home team as they stamped their authority against their arch-rival.

IIT Guwahati collaborated with NTPC to develop energy efficient tech to capture CO2

16 April 2022
-------------------------------

IIT Guwahati collaborated with NTPC to develop energy efficient tech to capture CO2

The Indian Institute of Technology, Guwahati, has teamed up with the National Thermal Power Corporation (NTPC) to design and construct a highly energy-efficient CO2 collection system from power plants. A research team led by Prof. Bishnupada Mandal, Department of Chemical Engineering, IIT Guwahati, developed this indigenous technique, which could be copyrighted soon.

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Key Points:

  • The oil, natural gas, and biogas industries, as well as petroleum refineries, will benefit from the project’s outputs.
  • It also has the potential to save India money in terms of foreign exchange.
  • This project will also assist and strengthen the UN’s Sustainable Development Goals (SDGs) through its research and education.
  • The pilot plant has been relocated to NTPC’s NETRA site following the successful completion of test investigations.
  • This development has the potential to aid in the fight against global warming.
  • The study’s next phase will entail pilot-plant testing using industrial flue gas.
  • This method, which uses a newly activated amine solvent (IITGS) to work on flue gas, uses up to 11% less energy than the commercial activated MDEA solvent and up to 31% less energy than the benchmark MEA (Monoethanolamine) solvent.
  • In the chemical sector, the MEA and other proprietary solvent-based CO2 collection systems are available.
  • This technology is used in coal and gas-fired power stations to produce modest amounts of food-grade CO2 (compared to CO2 capture in power plants).
  • However, if used for large-scale CO2 capture in power plants, the method is energy-intensive.
  • IIT Guwahati has devised an amine-based technique for CO2 extraction from flue gas that is both energy-efficient and cost-effective.
  • The expansion of the power sector is a necessity for India’s ambitious national aim of doubling its GDP by 2025.
  • Growth in the power sector is a requirement for India to meet its lofty policy goal of ‘Electricity for All’ while also maintaining considerable GDP growth.
  • India, on the other hand, is a strong supporter of worldwide efforts to reduce CO2 emissions through research and development.

Tuesday, 12 April 2022

Shehbaz Sharif elected as 23rd Prime Minister of Pakistan

12 April 2022
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Shehbaz Sharif elected as 23rd Prime Minister of Pakistan

Pakistan’s opposition leader, Shehbaz Sharif has been elected unopposed as the 23rd Prime Minister of the country through voting in the National Assembly. The 70-year old Pakistan Muslim League (PML-N) Chief will succeed Imran Khan, who has been removed by a no-trust vote recently in the National Assembly. Shehbaz Sharif is the brother of former Pakistan Prime Minister Nawaz Sharif.

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Sharif has secured 174 votes and has been declared as prime minister of the Islamic Republic of Pakistan. In the House of 342, the winning candidate should get the support of at least 172 lawmakers.

Sharif said a selected prime minister was removed using constitutional and legal means, the first time a PM was removed through a no-confidence motion. He has served as chief minister of the country’s most populous and politically crucial Punjab province thrice. Former president and Pakistan Peoples Party (PPP) co-chair Asif Ali Zardari had proposed Shehbaz’s name for the prime minister’s position in a joint opposition meeting to replace Khan through a no-confidence motion.

Important takeaways for all competitive exams:

  • Pakistan Capital: Islamabad;
  • Pakistan President: Arif Alvi;
  • Pakistan Population: 22.09 crores;
  • Pakistan Currency: Pakistani rupee.

National Safe Motherhood Day 2022

12 April 2022
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National Safe Motherhood Day 2022

In India, the National Safe Motherhood Day is observed every year on April 11 to raise awareness about adequate access to care for women during pregnancy, childbirth and postnatal services. National Safe Motherhood Day is an initiative of the White Ribbon Alliance India (WRAI), to enforce that women must have availability and adequate access to care during pregnancy childbirth and postnatal services. The day also marks the birth anniversary of Kasturba Gandhi, the wife of the father of the Nation Mohan Das Karam Chand Gandhi.

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History of the day:

In 2003, upon the initiative of the White Ribbon Alliance, the Government of India declared the national safe motherhood day to be held on April 11. 2022 marks the 19th anniversary of the day. The first observation was held in 2003. India is the first country in the world to officially declare National Safe Motherhood Day.

Important takeaways for all competitive exams:

  • White Ribbon Alliance India was launched in 1999.

Actor-screenwriter Shiv Kumar Subramaniam passes away

12 April 2022
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Actor-screenwriter Shiv Kumar Subramaniam passes away

Actor-screenwriter Shiv Kumar Subramaniam has passed away, he was known for his roles in the serial Mukti Bandhan and Meenakshi Sundareshwar. He started his career by writing a screenplay for the 1989 film Parinda which was directed by Vidhu Vinod Chopra. He won the Filmfare Award for Best Story for Hazaron Khawaishein Aisis. He has worked in films like 2 States, Hichki, Nail Polish, Rocky Handsome and more.

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International Day of Human Space Flight celebrates globally on 12 April

12 April 2022
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International Day of Human Space Flight celebrates globally on 12 April

The International Day of Human Space Flight is celebrated annually on April 12 to mark the anniversary of the first human space flight by Yuri Gagarin on April 12, 1961. The day was proclaimed at the 65th session of the United Nations General Assembly on April 7, 2011, a few days before the 50th anniversary of the flight. In the Soviet Union, the day is observed as the International Day of Aviation and Cosmonautics.’

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History of the day:

On 12 April 1961, was the date of the 1st human space flight was carried out by Yuri Gagarin, a Soviet citizen, who became the first person to journey into outer space. This historic incident opened the way for space exploration for the benefit of all mankind. 12 April was also the date of the 1st Space Shuttle STS-1 of Columbia launched in 1981, which is also commemorated on this date.

Aim of the day:

This day aims to help us recognize how much humanity has achieved thanks to the advancements in technology. This day shows us the significance of the cooperation, collaboration, and sharing of technology in space which has contributed immensely to making our world a better place.

Importance:

It is an important day for all Space Enthusiasts, Astronomy Researchers, And Scientists. It is a monumental day as it promotes aspirations to explore our universe further to understand the origin, evolution, and likely future of the universe. Yuri Gagarin’s foray into space inspires us to keep on making progress in space science and technology for sustainable development and access to space for developing countries.

ICC Players of the Month for March 2022: Babar Azam, Rachael Haynes crowned

12 April 2022
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ICC Players of the Month for March 2022: Babar Azam, Rachael Haynes crowned

The International Cricket Council (ICC) announced that Pakistan skipper Babar Azam and Australia’s run-machine Rachael Haynes were named the ICC Men’s and Women’s Players of the Month for March 2022. Fans can continue to vote every month for their favourite male and female cricketers across all formats of international cricket as part of the ICC Player of the Month initiative.

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In the men’s category:

Azam had several thrilling batting displays in Pakistan’s multi-format series against Australia recently. He amassed 390 runs in the three-Test series, which the hosts lost 0-1. Azam received the award ahead of West Indies’ Kraigg Brathwaite and Australia Test skipper Pat Cummins, and in doing so, became the first player to win the ICC Men’s ‘Player of the Month’ award on two occasions, after being crowned back in April 2021.

Among the women category:

Rachael Haynes had a formidable set of displays on the road to Australia’s seventh ICC Women’s Cricket World Cup trophy. She scored 429 runs in eight games at an average of 61.28, her feats at the top of the order proving crucial to her side’s unbeaten run to the final, where they thrashed England to lift the trophy at Christchurch in New Zealand. She overcame fellow nominees Sophie Ecclestone (England) and Laura Wolvaardt (South Africa) for the award.

About the award:

The International Cricket Council (ICC) presents the ICC Player of the Month to recognise male and female cricketers who have best performed across all forms of international cricket in a particular month.

Important takeaways for all competitive exams:

  • ICC Chairman: Greg Barclay;
  • ICC CEO: Geoff Allardice;
  • ICC Headquarters: Dubai, United Arab Emirates;
  • ICC Founded: 15 June 1909.

Vikas Siri Sampat-1111 scheme introduced by the KVGB

12 April 2022
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Vikas Siri Sampat-1111 scheme introduced by the KVGB

P Gopi Krishna, Chairman, during the launch of the ‘Vikas Siri Sampat-1111′ plan in Dharwad announced that the 1,111-day deposit pays 5.70 percent interest to the general public and 6.20 percent to senior citizens. This scheme allows for a minimum deposit of ten thousand rupees and a maximum deposit of two crore rupees.

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KEY POINTS:

  • Customers should take advantage of the lower interest rate while it lasts because it is only available for a limited time, according to Gopi Krishna.
  • He noted that the bank’s purpose is to encourage customers to save, and he anticipates a positive response throughout the current fiscal year.
  • In the Karnataka districts of Dharwad, Gadag, Haveri, Belagavi, Bagalkot, Vijayapura, Uttara Kannada, Udupi, and Dakshina Kannada, the bank has 629 branches.
  • The bank’s whole business in 2021-22 was Rs 30,750 crore. The entire amount of deposits was Rs 17,647 crore, with advances totaling Rs 13,103 crore.

Karnataka Vikas Grameena Bank:

Canara Bank sponsors the Karnataka Vikas Grameena Bank, an Indian Regional Rural Bank. It is owned by the Ministry of Finance of the Government of India. The bank has 629 branches across Karnataka, mostly in North and Western Karnataka, that provide retail banking services to rural customers.