Latest Current Affairs in 2022 : July 2022 Current Affairs, GKToday, Great Learning

1 .

Which company appoints Paritosh Tripathi as Managing Director and Chief Executive Officer, effective 5th July 2022?

A)

New India Assurance

B)

ICICI Lombard

C)

Edelweiss Group

D)

SBI General Insurance

Correct Answer : SBI General Insurance

Private non-life insurer SBI General Insurance on Thursday said it had appointed Paritosh Tripathi as Managing Director and Chief Executive Officer, effective July 5th, 2022.

He succeeds P.C. Kandpal, who has been posted as Deputy Managing Director (DMD)-(P&RE) at the Corporate Center, State Bank of India (SBI).

Mr. Tripathi has more than 32 years of banking experience and has worked in various departments including MSME, mid-corporate segment, international banking and bancassurance, a release said.

Before joining SBI General Insurance, he was general manager operations, internal banking group with SBI and was also on the board of Sterling Bank, Nigeria and SBI Canada.

From 2017 to 2020, he was head – bancassurance, firstly with SBI Mutual Fund, and then with SBI General Insurance. He was the CEO of SBI DIFC branch in Dubai..

Source : The Hindu

Published On : July 8, 2022

2 .

Which company has launched "Startup School India (SSI)", targets 10,000 startups in small cities?

A)

Meta

B)

Amazon

C)

Microsoft

D)

Google

Correct Answer : Google

Google 6th July 2022 announced the launch of Startup School India (SSI) as part of the Google for Startups initiative. This is a platform under which Google will bring together investors, successful entrepreneurs and programmers that startups from the smaller cities can to tap into and learn from the best.

The idea of creating the Startup School India is to reach out to more and more startups in India. Google aims to reach out to at least 10,000 startups with this programme.

The SSI will be a nine-week program, delivered virtually, will feature fireside chats between Google leaders and trailblazing collaborators from across the startup ecosystem spanning fintech, D2C, B2B and B2C e-commerce, language, social media & networking, job search and many more.

With close to 70,000 startups, India is the third largest birthing ground for startups in the world. And as more Indian founders lead their companies successfully to IPOs or unicorn status, it has set off a virtuous cycle wherein their success has ignited aspirations among young Indians across the length and breadth of the country..

Source : Business Standard

Published On : July 8, 2022

3 .

Who is inaugurated "Akshaya Patra Midday Meal Kitchen" in Varanasi?

A)

Narendra Modi

B)

Amit Shah

C)

Akhilesh Yadav

D)

Pushkar Singh Dhami

Correct Answer : Narendra Modi

Prime Minister "Narendra Modi" inaugurated the Akshaya Patra midday meal kitchen in Varanasi on Thursday(7th July 2022) in his first visit to his constituency after the BJP won the Uttar Pradesh assembly election.

Managed by the Akshaya Patra Foundation, which also runs one of the world’s largest school feeding programmes in collaboration with the government’s Pradhan Mantri Poshan Shakti Nirman (PM POSHAN) scheme, the kitchen will feed over one lakh children in a bid to ensure that they don’t miss out on education due to poverty.

PM Modi also toured the facility and reviewed the daily food production processes including plans for hygiene maintenance and augment scale. He also spent time with students. Speaking at another event later, PM Modi said: “I had the opportunity of inaugurating a centralized kitchen for the mid-day meal scheme (PM Poshan) today(7th July 2022). There during the ceremony, I had the privilege of interacting with a few 10 and 12-year-old children from a government school from my city Varanasi."

Source : News18

Published On : July 8, 2022

4 .

Who has been appointed as Indiaâ€™s new Sherpa for the G-20?

A)

Rajiv Kumar

B)

Shaktikanta Das

C)

Amitabh Kant

D)

Arvind Panagariya

Correct Answer : Amitabh Kant

The Centre on Thursday(7th July 2022) appointed Amitabh Kant, former chief executive officer (CEO) of the government’s policy think tank NITI Aayog, as India’s Sherpa for the Group of Twenty (G20) grouping, replacing Minister of Commerce and Industry Piyush Goyal.

The appointment comes ahead of India’s G20 Presidency from December 1, 2022, to November 30, 2023, culminating in the first-ever G20 summit to be organised by the country in 2023.

G20 is the premier forum for the world’s largest industrialised and emerging economies for international economic cooperation and plays a pivotal role in global economic governance.

Kant, a career bureaucrat who retired last month from the Aayog, will be the personal representative of the head of the government — Prime Minister Narendra Modi — at the G20 summit..

Source : Business Standard

Published On : July 8, 2022

5 .

Which nation's Former Prime Minister "Shinzo Abe" tragically died after being shot at a campaign event on July 8th, 2022?

A)

Italy

B)

Japan

C)

Israel

D)

Pakistan

Correct Answer : Japan

Former Prime Minister "Shinzo Abe" -- Japan’s longest-serving premier and a figure of enduring influence -- died after being shot at a campaign event Friday in an attack that shocked a nation where political violence and guns are rare.

Abe, 67, was shot from about 3 meters (10 feet) away with what appeared to be a homemade firearm in the western city of Nara, as he was giving a campaign speech at an outdoor venue for his ruling Liberal Democratic Party ahead of Sunday’s upper house election. Video and images from the scene showed the former premier collapsing to the ground, with blood on his shirt after two loud blasts rang out.

Abe was flown by helicopter to Nara Medical University Hospital, where he had no vital signs upon arrival, Hidetada Fukushima, the doctor who treated Abe, told a news conference. The former premier suffered two gunshot wounds to his neck and injuries to his chest. He was pronounced dead at 5:03 p.m., a little more than five hours after he was shot..

Source : Bloomberg

Published On : July 8, 2022

6 .

Which country is hosting the G20 Foreign Ministers Meeting 2022?

A)

Germany

B)

Malaysia

C)

Indonesia

D)

South Africa

Correct Answer : Indonesia

* The G20 foreign ministers meeting began in Bali, Indonesia on July 8, 2022 with US Secretary of State Antony Blinken and Russian Foreign Minister Sergey Lavrov in attendance.

* This is the first gathering of the top US and Russian envoys since the launch of Russia's military aggression in Ukraine on February 24, 2022.

Published On : July 8, 2022

7 .

Who given approval to HDFC, ICICI, and Axis to offer finances for international purchases?

A)

Ministry of Home Affairs

B)

Ministry of Finance

C)

Ministry of External Affairs

D)

Ministry of Defence

Correct Answer : Ministry of Defence

Defence Ministry has approved three Private Sector Banks to provide financial services in overseas procurement. In line with the further opening of allocation of Government business to Private Sector Banks by the Department of Financial Services, Ministry of Defence has assigned three Private Sector Banks HDFC Bank Ltd., ICICI Bank and Axis Bank to provide the Letter of Credit and Direct Bank Transfer business for overseas procurement by the Ministry. MoUs in this connection have been signed with each of these three banks.

Till now, only authorised Public Sector Banks were utilised to provide these services to MoD. With this, three Private Banks have also been allowed for the first time to provide financial services for overseas procurement by MoD.

The selected banks may be allocated with LC business of 2,000 crore rupees, each on the capital and revenue side, for a period of one year on a concurrent basis. The performance of these banks will be monitored regularly so as to take necessary further action as required..

Source : News On Air

Published On : July 8, 2022

8 .

Who is the new president of Association of Indian Universities (AIU) in 2022-23?

A)

Suranjan Das

B)

P B Sharma

C)

Dr Tej Partap

D)

M M Salunkhe

Correct Answer : Suranjan Das

Jadavpur University Vice-Chancellor Suranjan Das was appointed the president of the Association of Indian Universities (AIU).

Das said he will take up the issue of executing the new education policy’s (NEP) salient features, raising central funding for state varsities involved in important research activities, and work on taking the standards of Indian universities to global levels.

“It is a great responsibility and a matter of pride, more because after 40 years someone from West Bengal has taken over the post at the AIU,” he told PTI.

Das, an eminent historian, was appointed the vice-president of AIU a year ago..

Source : The Print

Published On : July 8, 2022

9 .

Who appointed as President Designate of Confederation of Indian Industry's(CII) for 2022-23?

A)

S Vikram

B)

R Dinesh

C)

Sumit Mazumder

D)

Shobana Kamineni

Correct Answer : R Dinesh

* R Dinesh, Executive Vice-Chairman, TVS Supply Chain Solutions, has been elected President Designate of the Confederation of Indian Industry (CII) for 2022-23.

* He was the Chairman of CII Southern Region during 2018-19 and has held several positions in CII as Chairman of National Committees on Logistics, CII Family Business Network India Chapter Council, CII Tamil Nadu State Council, and CII Institute of Logistics Advisory Council.

* At a meeting of CII National Council held in Delhi, Sanjiv Puri, Chairman and Managing Director, ITC, was elected as the Vice-President of CII. Sanjiv Bajaj, Chairman and Managing Director, Bajaj Finserv Ltd., continues to be the President of CII for 2022-23, according to a statement..

Source : The Hindu

Published On : July 8, 2022

10 .

Who becomes 1st woman to feature on IMF's 'wall of former chief economists'?

A)

Anshula Kant

B)

Leena Nair

C)

Tessy Thomas

D)

Gita Gopinath

Correct Answer : Gita Gopinath

The First Deputy Managing Director of the International Monetary Fund (IMF) "Gita Gopinath" has made it as the first woman to be featured on the 'wall of former chief economists' of the IMF, making it a proud moment in the history of IMF.

This makes her only the second Indian to achieve this feat as the first Indian to achieve the honour was none other than Raghuram Rajan as IMF's Chief Economist and Director of Research between the years 2003 and 2006.

Gita Gopinath took to Twitter to display the wall of former chief economists with her photograph with a caption, "breaking the trend I joined the wall of former Chief Economists of the IMF."

Gita Gopinath's journey with the IMF began when she was appointed as its Chief Economist in October 2018. She was later promoted as the IMF's First Deputy Managing Director in December 2021.

Notably, Gopinath had served as the first female chief economist of the Washington-based global lender for- the last three years..

Source : Mint

Published On : July 8, 2022