Alok Kumar Choudhary takes charge as MD of SBI

08 June 2022
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Alok Kumar Choudhary takes charge as MD of SBI

Alok Kumar Choudhary has took charge as the new Managing Director (MD) of State Bank of India (SBI). His appointment comes in the wake of the superannuation of Ashwani Bhatia as Managing Director on May 31, 2022. Choudhary was previously Deputy Managing Director (Finance) at the bank. As the new MD, he will be handling retail business and operations.

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Per a notification issued by the Department of Financial Services, the new MD’s appointment is with effect from the date of assumption of office and up to the date of his superannuation (June 30, 2024), or until further order, whichever is earlier. Following Choudhary’s appointment, SBI now has four MDs. The other MDs are Challa Sreenivasulu Setty, Swaminathan J and Ashwini Kumar Tewari.

Important Takeaways For All Competitive Exams:

• State Bank of India Founded: 1 July 1955;
• State Bank of India Headquarters: Mumbai;
• State Bank of India Chairman: Dinesh Kumar Khara.

IAF heritage centre to come up in Chandigarh

04 June 2022
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IAF heritage centre to come up in Chandigarh

A heritage centre to showcase the role of the Indian Air Force in various wars and its overall functioning will come up at Chandigarh. The ‘IAF Heritage Centre’ will be set up jointly by the force and the Chandigarh administration. An MoU between the Union Territory of Chandigarh and the IAF for setting up of the centre was inked. The ceremony was attended by Punjab Governor Banwarilal Purohit and Air Chief Marshal VR Chaudhari.

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About the heritage centre:

This heritage centre will have artefact, simulators and interactive boards to highlight various facets of IAF. It will also showcase the vital role played by the service in various wars and assistance rendered for humanitarian assistance and disaster relief. This joint project of Administration of UT Chandigarh and IAF is planned to be completed by October.

Important takeaways for all competitive exams:

• Indian Airforce founded: 08th October 1932;
• Indian Airforce Headquarters: New Delhi;
• Indian Airforce Chief of Air Staff: Vivek Ram Chaudhari.

UN approves Turkey’s request to change name to Turkiye

04 June 2022
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UN approves Turkey’s request to change name to Turkiye

The United Nations has changed the Republic of Turkey’s country name at the organisation from “Turkey” to “Türkiye”, following a request from Ankara for the change. UN spokesman Stephane Dujarric had been received from the Turkish foreign minister Mevlut Cavusoglu addressed to Secretary-General Antonio Guterres, requesting the use of “Türkiye” instead of “Turkey” for all affairs.

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Turkey began the move to change its internationally recognised official name in English to Türkiye in December after Turkish President Recep Tayyip Erdogan released a memorandum and asked the public to use Türkiye to describe the country in every language. Türkiye is the best representation and expression of the Turkish people’s culture, civilization and values.

Important takeaways for all competitive exams: 

• Turkiye Capital: Ankara;
• President of Turkiye: Recep Tayyip Erdogan;
• Turkiye Currency: Turkish lira.