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August - 2022 Current Affairs
A)
US and France
B)
China and UK
C)
Japan and Russia
D)
Germany and Singapore

Correct Answer :   China and UK


The most recent report tracking the performance of the industry by Benori Knowledge, a cutting-edge provider of custom research and analytics solutions, highlighted the life insurance sector’s growth at a CAGR of 11% from 2017-2022 and is projected to grow at a CAGR of 9% in the following five years. The COVID-19 pandemic’s unpredictability made it more important than ever for customers to spend money on items that would strengthen their financial security, one of which is life insurance.
 
LIC Third Strongest Insurance Brand :  India has now overtaken "China" and "UK" to become the world’s 10th largest life insurer. According to a survey by Brand Finance Insurance 100 2021, a London-based brand valuation consultancy organisation, Life Insurance Corporation (LIC), a state-owned insurance behemoth and life insurer has emerged as the third strongest and tenth most valuable insurance brand globally.

The report states that the combined value of the top 100 insurance brands in the globe decreased by 6% from $462.4 billion in 2020 to $433.0 billion in 2021.
 
Important Points : 

* The top 10 most valuable insurance brands worldwide include five Chinese insurance companies, with Ping An Insurance ranking as the most valuable brand despite seeing a 26% reduction in brand value.

* LIC’s brand value climbed to $8.65 billion, up about 7%. India becomes 10th largest life insurer globally.
 
* While France, Germany, and India each have one insurance company on the list, the United States has two in the top ten.India is now 10th largest life insurer in the world.

* Italy’s Poste Italiane is the strongest insurance brand, followed by LIC of India, Mapfre of the US, and Poste Italiane of Italy..

Source : Economic Times

Published On : August 30, 2022
A)
West Bengal
B)
Maharashtra
C)
Gujarat
D)
Uttar Pradesh

Correct Answer :   West Bengal


In addition to becoming the largest religious monument in the world, the Temple of Vedic Planetarium in West Bengal, which will serve as the headquarters of the International Society of Krishna Consciousness (ISKCON), will also have the world’s biggest dome. The Vedic Planetarium will offer guests a tour of the various parts of the cosmic creation.
 
The Temple of Vedic Planetarium is in West Bengal's Mayapur in Nadia district and, once completed, it will be larger than the Taj Mahal and St. Paul's Cathedral in the Vatican. The temple will open in 2024, following a two-year delay brought on by the COVID-19 pandemic. It will purportedly replace Cambodia's 400-acre-large Angkor Wat temple complex as the largest religious monument.
 
The head of this massive undertaking is Alfred Ford, the great-grandson of renowned businessman Henry Ford and the future owner of Ford Motor Company. He changed his name to Ambarish Das in 1975 after joining ISKCON. He gave $30 million for the infrastructure after becoming fully committed to Prabhupada's idea of converting Mayapur into the home of ISKCON.
 
The temple's construction began in 2010, and it is expected to cost $100 million. On each of its storeys, the temple can accommodate 10,000 devotees who can pray, sing, and even dance in front of Lord Krishna in accordance with ISKCON temple custom..

Source : Livemint

Published On : August 30, 2022
A)
Yogi Adityanath
B)
Basavaraj Bommai
C)
Pushkar Singh Dhami
D)
Bhagwant Mann

Correct Answer :   Pushkar Singh Dhami


Uttarakhand Chief Minister "Pushkar Singh Dhami" has launched the “Mukhyamantri Udyaman Khiladi Unnayan Yojana” on the occasion of National Sports Day 2022. The Chief Minister Sports Development Fund will be established to be given financial benefits to the students according to accelerated rules.
 
On this occasion, in view of the shortage of sports coaches, the Chief Minister appointed eight sports coaches in each district, established of Chief Minister’s Sports Development Fund to give quick financial benefits to the players as per rules and four per cent reservation for skilled players in state services. Also announced to try to implement again.
 
Mukhyamantri Udyaman Khiladi Unnayan Yojana scheme Key Points :

* A sports scholarship of Rs 1500 per month will be given to budding sportspersons between the age group of eight to 14 years.

* Every year a total of 3900 budding sportspersons will be given scholarships, which will include 1950 boys and 1950 girls.

* After this, players of 14 to 23 years will also be given scholarships.

* Malchang game will also be included in the game policy. Efforts will be made again to implement a 4 per cent reservation for sportspersons in government jobs as before.

* The State Sports Award is being provided as well as the Himalayan Gems Sports Awards as well as Devbhoomi Uttarakhand Sports Ratna, and Devbhoomi Uttarakhand Dronacharya Awards.

Published On : August 30, 2022
A)
Punjab
B)
Maharashtra
C)
Uttar Pradesh
D)
Madhya Pradesh

Correct Answer :   Uttar Pradesh


The residents of Uttar Pradesh may soon get their family identity cards called Parivar Kalyan Card. The Yogi government is working on a card that will assign a unique 12-digit number to each family that is receiving benefits from government schemes. The report also stated that the government is mulling over the idea of using the ration card data to make these cards.
 
The idea of these cards may very well have been taken from the states of Haryana and Karnataka. Based on the data from ration cards, Haryana launched ‘Parivar Pehchan Patra’ in 2022. Karnataka had also launched ‘Kutumba Card’ the same year. Reports suggest that the UP government is consulting the state governments of these two states to know how to move forward.
 
What is Parivar Kalyan Card?
* It is a card that will have data of one family regarding the government schemes it is getting benefitted from. Each family will receive one card.
* The family ID card will have a unique 12-digit ID number, similar to the Aadhar number but different from it.
* The UP government has already carried out a pilot project in Prayagraj.
* The data of ration cards are most likely to be used to make these IDs.
* The card is also expected to bring such families to the government’s notice, that are not receiving any benefits from the government.
* Such families can be added to the list of respective eligible government schemes later.
* It is expected to curb the menace of fake cards and double benefits.
* The card will also provide data on the employment condition in the family. The government is most likely to be assisted by the card to fight unemployment in the state.
* PKC will also help the members of a family to get caste certificates made.
* An announcement on the card can be expected in the upcoming state budget on May 26..

Source : India

Published On : August 29, 2022
A)
30th Aug 2022
B)
29th Aug 2022
C)
28th Aug 2022
D)
27th Aug 2022

Correct Answer :   29th Aug 2022


National Pharmaceutical Pricing Authority, NPPA will celebrate its Silver Jubilee in New Delhi on Monday(29th Aug 2022). On the occasion, Chemicals and Fertilizers Minister Dr. Mansukh Mandaviya will launch Integrated Pharmaceutical Database Management System 2.0, an integrated responsive cloud-based application.

It will provide a single window for submissions of various forms as mandated under Drug Price Control Order, 2013. It will also enable paperless functioning of NPPA and facilitate the stakeholders to connect with National Pharma Pricing Regulator from across the country..

Source : News on Air

Published On : August 29, 2022
A)
www.swachhjal.org
B)
www.swachhindia.org
C)
www.swachbharat.org
D)
www.swachhsagar.org

Correct Answer :   www.swachhsagar.org


Union Minister for Earth Sciences, Dr. Jitendra Singh on Sunday(28th Aug 2022) unveiled a dedicated Website to give further boost to the ongoing Coastal Clean-Up campaign. The portal www.swachhsagar.org will give a push to the cleaning mission. 
 
Besides, Dr. Singh also launched the Campaign Logo-Vasuki, dedicated to the youth of the country as they along with the school students are taking keen interest in joining the coastal and beach cleaning activities. 
 
Briefing media in New Delhi, the Minister said, the ongoing pan-India Coastal Clean-Up campaign has received an overwhelming response as public figures, film celebrities, students and people from all walks of life are joining it. 
 
Dr. Singh added that the Coastal Clean-Up campaign has been designed on the model of whole of government approach and many ministries and departments are taking active part in it..

Source : News on Air

Published On : August 29, 2022
A)
Gujarat
B)
Maharashtra
C)
Uttar Pradesh
D)
Himachal Pradesh

Correct Answer :   Gujarat


Prime Minister Narendra Modi on Sunday(28th August 2022) inaugurated the Smriti Van memorial, which celebrates the courage shown by people during the devastating 2001 earthquake in the Kutch region of Gujarat which took the lives of 13,000 people.
 
The grand structure, which is the first such memorial in the country, is spread over 470 acres on Bhujiyo Hill near Bhuj town.
 
It celebrates the strength and resistance of the citizens of Kutch during the earthquake on January 26, 2001, which had its epicentre in Bhuj.
 
Features of the memorial :
 
* Spread over 470 acres it has got a museum which showcases Gujarat’s topography, rebuilding initiatives, and success stories after the 2001 earthquake, and informs about different kinds of disasters and future readiness for any type of disaster.
 
* It has a block to relive the experience of an earthquake with the help of a 5D simulator and another block for people to pay homage to the lost souls..

Source : Mint

Published On : August 29, 2022
A)
26th August
B)
27th August
C)
28th August
D)
29th August

Correct Answer :   29th August


International Day against Nuclear Tests is observed on 29th August to raise awareness about the devastating effects of testing nuclear weapons. This year marks the thirteenth anniversary of the event. On this day, the United Nations organises an event that creates public awareness regarding the effects of nuclear weapons tests, and detonations and further highlights the requirement for cessation of such nuclear tests.
 
International Day against Nuclear Tests 2022 Significance : Nuclear tests cause extensive damage to not just human society, but also to the environment, plant and animal life. The International Day against Nuclear Tests keeps us alert about this so that we can urge our leaders to ensure a safer nuclear weapons-free future.
 
History : Established on 2 December 2009, the International Day against Nuclear Tests was adopted unanimously by the United Nations General Assembly in its 64th session. 
 
This resolution was initiated by Kazakhstan to celebrate the 18th anniversary of the closing of the USSR-controlled Semipalatinsk Nuclear Test Site, which took place in Kazakhstan in 1991. 
 
For those who don’t know, Trinity was the first nuclear test conducted by the United States Army on 16 July, 1945, in a desert site in New Mexico. This nuclear test was followed by the US dropping atom bombs on Hiroshima and Nagasaki in August 1945. 
 
Unfortunately, this resulted in approximately 200,000 casualties, while the survivor suffered cancer induced by radiation..

Source : Firstpost

Published On : August 29, 2022
A)
27th August
B)
28th August
C)
29th August
D)
30th August

Correct Answer :   29th August


Every year on August 29th, Rashtriya Khel Divas, also known as National Sports Day, is observed. The Indian hockey guru Major Dhyan Chand's birth anniversary is commemorated on this day. 
 
The celebration of National Sports Day aims to honour Major Dhyanchand's legacy while raising awareness of the importance and advantages of including sports and physical activity in daily life.
 
In 2012, the day was initially marked as a memorial to Major Dhyanchand. Major Dhyanchand, born on August 29, 1905, went on to become a legend in the sport of hockey. He began his career in the regimental squad of the British Indian Army.
 
In 1928, 1932, and 1936, India won the gold medal three times in a row at the Olympics thanks in large part to Major Dhyanchand. In 1956, he received the Padma Bhushan, the third-highest civilian honour. The Indian Postal Department released special hockey-themed stamps in 1979.
 
The purpose of National Sports Day is to raise public awareness of the value of sports and the advantages of staying physically active throughout life. Around the nation, several events are organised to encourage people to participate in sports.
 
Awards like the Arjuna Award, Dhyan Chand Award, Rajiv Gandhi Khel Ratna, and Dronacharya Award are given out on this day to honour the nation's top athletes. The awards are presented by the President of India during a ceremony that takes place at the Rashtrapati Bhavan..

Source : DNA

Published On : August 29, 2022
A)
NITI Aayog
B)
Planning Commission
C)
Ministry of Home Affairs
D)
National Development Council

Correct Answer :   NITI Aayog


The NITI Aayog has declared holy city of Haridwar in Uttarakhand as the best aspirational district on five parameters, thereby providing an additional allocation of three crore rupees.
 
The letter by NITI Aayog's Aspirational Districts Programme director Rakesh Ranjan to Uttarakhand chief secretary SS Sandhu and the district collector of Haridwar underlines that the district has secured first rank in basic infrastructure theme and has become entitled to receive additional allocation of ₹3 crore.
 
“The Haridwar district has been allocated to union commerce and industries minister "Piyush Goyal" who has been taking active interest in making it the No. 1 aspirational district in the country. Since we have become the numero uno district, we have been awarded ₹3 crore for further development on five parameters under the aspirational districts programme,” Vinay Shankar Pandey, district collector, Haridwar..

Source : Hindustan Times

Published On : August 29, 2022