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07th 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 07th 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 07th April 2022 covering the following news headlines: Kaaval Uthavi’ app, Sarhul Festival, Asian Development Bank, UnionNXT, Saraswati Samman 2021, Forbes Billionaires 2022.

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.

International News

1. Serbian president Aleksandar Vučić wins new term 

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  • Aleksandar Vučić has been re-elected as the President of Serbia. The pollster organizations CeSID and Ipsos had predicted victory for Vucic. The pro-European and centrist Alliance for Victory coalition was represented by Zdravko Ponos, a retired army general.
  • The pollsters had predicted that Vucic’s Serbian Progressive Party (SNS) would win most of the votes with 43 per cent and they would be followed by the United for Victory of Serbia opposition.
  • Aleksandar Vučić is serving as Serbia’s president since 2017, and since 2012 he has been serving as the president of the Serbian Progressive Party (SNS). He has served as the President for two terms, from 2014 to 2016 and from 2016 to 2017.
  • In 2017, he was first elected as the country’s President and succeeded Tomislav Nikolić. Vučić’s rule has been described by observers as an autocratic, authoritarian, illiberal democratic regime, and he curtailed the freedom of the press.

Important takeaways for all competitive exams:

  • Serbia Capital: Belgrade;
  • Serbia Currency: Serbian dinar;
  • Serbia President: Aleksandar Vučić.

States News

2. Tamil Nadu government launched ‘Kaaval Uthavi’ app for public during emergency

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  • Tamil Nadu Chief Minister, M K Stalin has launched the ‘Kaaval Uthavi’ app which helps citizens to seek police assistance during any emergency. The app is containing sixty features that are used to send an emergency alert to the police control room.
  • By pressing the emergency red button, the user’s live location will be shared with the control room. The user can also identify the nearest police station/patrol vehicle.
  • The app comprises an emergency help and a dial facility (Dial-112/100/101). The Dial 100 facility has been integrated with the app. It also has a facility for mobile-based complaints and a location sharing facility.

Important takeaways for all competitive exams:

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

3. Sarhul Festival 2022 celebrated in Jharkhand

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  • Sarhul is the festival of the New Year celebrated in the state of Jharkhand by the tribal communities as part of the local Sarna religion. It is celebrated in the Hindu month of Chaitra, three days after the appearance of the new moon.
  • It is also a celebration of the beginning of spring. The word ”Sarhul” is connected with tree worship. It is a festival where nature is venerated. In the year 2022, it falls on 04 April, Monday.
  • Sarhul is celebrated by many tribes in Jharkhand, but most notably the Munda, Ho, and Oraon tribes. While nature veneration is an important aspect of the festival, there are also many cultural programmes that are enjoyed along with it.
  • Among these many cultural events is“Baa Porob”, the festival of flowers and the worship of the Sal Tree as well as a special Sarhul dance.
  • The festivities around Sarhul are made even more special with the many festive delicacies that are cooked and enjoyed, such as the rice dish called ”handia”’, a baked or dried fish dish called ”fish sukha”.

Important takeaways for all competitive exams:

  • Chief Minister of Jharkhand: Hemant Soren; Governor: Ramesh Bais.

Appointments News

4. RBI approves re-appointment of Murli Natarajan as MD-CEO of DCB Bank 

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  • The Reserve Bank of India (RBI) has approved an extension in the tenure of Murli M Natarajan as the managing director and chief executive officer (MD & CEO) of DCB Bank for a period of two years.
  • His extended term will be applicable from April 29, 2022, to April 28, 2024. Natrajan is serving as MD & CEO of the bank since April 2009.
  • RBI has capped the tenure of bank chief executives at 15 years and Natrajan will complete 15 years at the helm of the bank in 2024. The re-appointment as above is subject to the approval of shareholders at the ensuing annual general meeting of the bank.

Important takeaways for all competitive exams:

  • DCB Bank Headquarters: Mumbai;
  • DCB Bank CEO: Murali M. Natrajan (29 Apr 2009–);
  • DCB Bank Founded: 1930.

Agreements News

5. NTPC and GGL have agreed to combine Green Hydrogen into piped Natural Gas

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  • With a sustained focus on the environment, NTPC has taken the initiative of blending green hydrogen in the GGL (Gujarat Gas Limited) Piped Natural Gas (PNG) network at NTPC Kawas. In the presence of Mohit Bhargava, CEO, NTPC REL & ED RE, NTPC, and Sanjeev Kumar, MD-GGL & GSPL, a formal agreement between the two firms was signed.
  • This hydrogen blending project at NTPC Kawas is a ground-breaking initiative and the country’s first of its type. This is a step toward decarbonizing the culinary sector and achieving energy self-sufficiency for the country.

Economy News

6. ADB Projects India’s economy to grow by 7.5% in FY23

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  • Asian Development Bank projected a 7 per cent collective growth for South Asian economies in 2022 with the subregion’s largest economy India growing by 7.5 per cent in the current fiscal year before picking up to eight per cent the next year.
  • However, uncertainties stemming from the Russian invasion of Ukraine, the continuing coronavirus disease (COVID-19) pandemic, and tightening by the United States Federal Reserve pose risks to the outlook.
  • The Manila-based multilateral funding agency, Asian Development Bank (ADB) has projected the GDP growth rate of the Indian economy, in its flagship Asian Development Outlook (ADO) 2022, as follows: 2022-23 (FY23): 7.5 per cent; 2023-24 (FY24): 8.0 per cent

Important takeaways for all competitive exams:

  • Asian Development Bank Headquarters: Mandaluyong, Philippines;
  • Asian Development Bank President: Masatsugu Asakawa (from 17 January 2020);
  • Asian Development Bank Membership: 68 countries;
  • Asian Development Bank Founded: 19 December 1966.

7. Govt released data: India’s trade deficit rises 88% in FY22 

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  • According to government data released, India’s trade imbalance increased by 87.5 percent to $192.41 billion in 2021-22, up from $102.63 billion the previous year. While total exports hit a new high of $417.81 billion last fiscal year, imports also hit a new high of $610.22 billion, resulting in a $192.41 billion trade deficit.
  • As per the ministry of commerce and industry, “India’s merchandise imports in April 2021-March 2022 totalled $610.22 billion, up 71 per cent from $394.44 billion in April 2020-March 2021 and 28.55 percent higher than $474.71 billion in April 2019-March 2020.”
  • In March 2022, the trade deficit was $18.69 billion, compared to $192.41 billion for the entire fiscal year 2021-22.
  • India’s monthly merchandise exports surpassed $40 billion for the first time in March 2022, reaching $40.38 billion, up 14.53 percent from $35.26 billion the previous month.
  • It increased by 87.89% from $21.49 billion in March 2020.
  • Imports of non-petroleum goods totalled $40.66 billion in March 2022, up 5.26 percent from $38.63 billion the previous month. According to the ministry’s figures, it was up 89.79 percent from $21.42 billion in March 2020.

Banking News

8. Union Bank launches super-app UnionNXT and digital project SMBHAV

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  • Union Bank of India has launched its super-app named UnionNXT and digital transformation project SMBHAV, with an investment outlay of around Rs 1,000 crore for the current financial year 2022-23 (FY23).
  • The public sector lender expects recovery from the spending in two years and aims to have 50 per cent of business originating on the digital platform by 2025. A banking super-app essentially combines a number of services, such as payments, online shopping, bill payments, recharges, investment, loans, and fund transfer, on a single platform.
  • UBI’s super-apps is similar to the super-apps by other large lenders such as State Bank of India’s Yono, Bank of Baroda’s Bob world and HDFC Bank’s PayZapp and ICICI Bank’s iMobile.

Important takeaways for all competitive exams:

  • Union Bank of India Headquarters: Mumbai;
  • Union Bank of India CEO: Rajkiran Rai G. (1 Jul 2017–);
  • Union Bank of India Founded: 11 November 1919, Mumbai.

Business News

9. Jio-bp and TVS Motor to collaborate on EV solutions

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  • Jio-bp and TVS Motor Company announced that they had agreed to explore the establishment of a comprehensive public EV charging infrastructure in India for electric two-wheelers and three-wheelers, building on Jio-developing bp’s network in this field.
  • Customers of TVS electric vehicles are likely to gain access to Jio-extensive bp’s charging network, which is also open to other vehicles, as part of this proposed agreement.
  • The partnership’s goal is to build a standard AC charging network as well as a DC fast-charging network.
  • According to TVS Motors, this will match with Jio-bp and TVS‘ aim to deliver a vast and reliable charging infrastructure to their customers.
  • Both TVS Motor and Jio-bp have developed solutions for a seamless customer journey on their own apps.
  • This agreement will aid in the adoption of electric vehicles in the country among two- and three-wheeler customers who want to take the next step toward turning electric.
  • The fast spread of these charging stations will widen the horizons of both companies and India’s net-zero emission goal.

Awards News

10. Ramdarash Mishra named for Saraswati Samman 2021

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  • Noted poet and litterateur Prof Ramdarash Mishra will be awarded the prestigious Saraswati Samman, 2021, for his collection of poems ‘Mein to Yahan Hun’, the KK Birla Foundation announced. The recipient is chosen by a selection committee, whose current head is Dr Subhash C Kashyap.
  • Instituted in 1991, Saraswati Samman is one of the most prestigious literary awards in the country. It is given every year to an outstanding literary work written in any Indian language by an Indian citizen and published within the last 10 years.
  • It carries a citation, a plaque, and a cash prize of Rs 15 lakhs. The recipient is chosen by a selection committee, whose current head is Dr Subhash C Kashyap, former secretary-general of the Lok Sabha Secretariat.

Ranks and Reports News

11. Forbes Billionaires 2022: The Richest People In The World

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  • The Forbes billionaires 2022 list is out, which compiles the list of the world’s richest, who this time was hit by the impact of the Russia-Ukraine conflict, coronavirus pandemic and sluggish markets.
  • Elon Musk, the Tesla and SpaceX founder topped Forbes’ list for the first time ever with a net worth of $219 billion. Elon Musk is leading the Forbes billionaires list with a net worth of $219 billion, followed by Amazon chief Jeff Bezos at $171 billion.
  • Mukesh Ambani ranked at the 10th position on the global list, followed narrowly by fellow industrialist and Adani Group founder Gautam Adani, whose fortune climbed by almost $40 billion over the past year, to an estimated $90 billion.
  • Savitri Jindal, the chairperson of the Jindal Group, is the richest woman in India, according to the Forbes’ Billionaires List 2022, with a net worth of $17.7 billion. A total of 11 Indian women, with 4 newcomers, joined the global rich list this year.
  • Francoise Bettencourt Meyers, cosmetics giant L’Oréal’s founder’s granddaughter, was listed as the richest woman in the world this year – with a net worth of $74.8 billion, according to the report.

Schemes and Committees News

12. Government establishes a Semicon India advisory committee

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  • The government announced the formation of a Semicon India advisory committee, which will include top government officials, established academicians, as well as industry and domain specialists.
  • The Minister of Electronics and IT, Ashwini Vaishnaw, will head the Committee, with Rajeev Chandrashekhar, Minister of State, Ministry of Electronics and IT (MeitY), as Vice-Chairperson. The convenor will be MeitY, the Secretary.
  • The Union Cabinet recently approved the ‘Semicon India’ programme, which will spend a total of 76,000 crore to strengthen the country’s semiconductor and display manufacturing ecosystem.
  • Within Digital India Corporation, a specialised and dedicated “India Semiconductor Mission (ISM)” has been established to drive India’s ecosystem development strategies.
  • The group would meet at least once every three months to provide crucial insights to help India’s ecosystem expand sustainably, it said, adding that the committee’s term will be one year, after which it will be reformed with the Minister of Electronics and Information Technology’s consent.
  • The newly created Advisory Committee will lead the objectives in a systematic, efficient, and strategic manner, the government stated in a statement.

Books and Authors News

13. A book titled ‘The Maverick Effect’ authored by Harish Mehta

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  • “The Maverick Effect”, tells the untold story of how in the 1970s and 80s a ‘band of dreamers’ joined hands to create NASSCOM and pave the way for the IT revolution in India.
  • The book, touted to be an authoritative biography of the National Association of Software and Service Companies (NASSCOM), the apex body of software and IT service companies, is written by Harish Mehta.
  • Harish Mehta is the founder and executive chairperson of Onward Technologies Ltd. He is the founding member and the first elected chairman of NASSCOM, a not-for-profit representing India’s burgeoning IT industry and considered among the world’s most exemplary associations. As a prominent angel investor, he also spends time mentoring young entrepreneurs and start-ups.

Important Days

14. World Health Day 2022 Celebrates on 7th April

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  • World Health Day is a global health awareness day celebrated on the 7th April every year. Every year, World Health Day focuses on contemporary health issues that require immediate attention, with varied themes.
  • On World Health Day 2022, World Health Organisation will focus global attention on urgent actions needed to keep humans and the planet healthy and foster a movement to create societies focused on well-being. The World Health Organization has done its part to raise awareness about health and health-related concerns, as well as how to address them.
  • The theme for World Health Day 2022 is ‘Our Planet, Our Health’. This year’s theme aims to direct global attention toward the well-being of our planet and the humans living in it.

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.

15. International Day of Reflection on the 1994 Genocide in Rwanda

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  • International Day of Reflection on the 1994 Genocide against the Tutsi in Rwanda is commemorated by UNESCO on April 07, every year. 2022 marks the 28th anniversary of the genocide against the Tutsi in Rwanda, one of the darkest chapters in human history. On April 7th, the date where the genocide against members of the Tutsi began.
  • The day was established by the United Nations General Assembly in 2003. The day commemorates the beginning of the genocide perpetrated against members of the Tutsi minority by the Hutu extremist-led government.
  • Within just over 100 days, more than 1 million Tutsi were systematically murdered. Moderate Hutu and others who opposed the massacres were also killed during this period.

Important takeaways for all competitive exams:

  • UNESCO formation: 4 November 1946;
  • UNESCO Headquarters: Paris, France;
  • UNESCO Director-General: Audrey Azoulay.

Miscellaneous News

16. Ministry of Ayush’s Yoga Mahotsav begins at the Red Fort in Delhi

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  • On World Health Day and the 75th day of the countdown to International Day of Yoga, the Ministry of Ayush is hosting a magnificent programme for the presentation of the Common Yoga Protocol in the backdrop of 15th August Park, Lal Quila, (Red Fort) Delhi.
  • The program’s Chief Guest is slated to be Lok Sabha Speaker Shri Om Birla. Several Union Ministers, Members of Parliament, Ambassadors of several nations stationed in Delhi, famous Sports Celebrities, and Yoga Gurus are expected to attend the event.
  • The Ministry, in collaboration with its numerous stakeholders, has devised a 100-day countdown programme for the 8th International Day of Yoga, in which 100 organisations promote yoga in 100 different locations/cities.
  • The Ministry of Ayush is the nodal ministry for the International Day of Yoga’s commemoration. The primary event of IDY is a Mass Yoga Demonstration, which is led by Prime Minister Modi every year. The IDY-2022 preparations are well underway.
  • Because the 8th International Day of Yoga falls within the Azadi Ka Amrit Mahotsav year, the Ministry advises commemorating IDY at 75 iconic locations around the country. This countdown effort is already underway, and IDY-2022 observation is gathering traction.

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