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BSC Chronicle

The document provides a weekly summary of important banking and financial news from 22-31 May 2022. Some key updates include: - The New Development Bank issued a CNY 7 billion bond in China's interbank bond market, its largest ever Panda Bond. - The World Bank announced $30 billion in financial aid to address the ongoing global food security crisis. - The Reserve Bank of India set up a committee under former deputy governor BP Kanungo to review customer service standards at banks and financial institutions. - Several banks launched new credit cards, digital lending programs, and partnerships to expand access to financial services.

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0% found this document useful (0 votes)
322 views17 pages

BSC Chronicle

The document provides a weekly summary of important banking and financial news from 22-31 May 2022. Some key updates include: - The New Development Bank issued a CNY 7 billion bond in China's interbank bond market, its largest ever Panda Bond. - The World Bank announced $30 billion in financial aid to address the ongoing global food security crisis. - The Reserve Bank of India set up a committee under former deputy governor BP Kanungo to review customer service standards at banks and financial institutions. - Several banks launched new credit cards, digital lending programs, and partnerships to expand access to financial services.

Uploaded by

Utiyyala
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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1

Weekly One Liners Updates


22-31st May 2022
Dear readers,

Weekly One Liners Update is a collection of important news and events that occurred in the fourth week (22-31st) of
May 2022. This file is important for, Banking, SSC, Railway & Insurance exams.

Banking & Financial Awareness

1. Which bank has issued an RMB-denominated bond of CNY 7 billion ($1.04 billion) in China's interbank bond market
with a maturity of three years _______ New Development Bank (NDB).
Note:
➢ The transaction is the largest ever Panda Bond issue by a Multilateral Development Bank (MDB).
➢ Upon the completion of the issuance, the NDB would have a cumulative total of RMB 30 bln bonds issued
under its RMB bond programs in the China Interbank Bond Market.
2. How much amount has been announced by the World Bank as financial aid in response to the ongoing food security
crisis in the world _______ $30 billion.
Note:
➢ Areas: Agriculture, nutrition, social protection, water, and irrigation will be available for implementation to
address food insecurity over the next 15 months.
➢ The World Bank is working with countries on the preparation of $12 billion of new projects for the next 15
months.
3. Which bank will open its first regional office in India at the Gujarat International Finance Tec-City (GIFT City) to cater
to infrastructure and sustainable development needs of the country ______ New Development Bank (NDB).
Note:
➢ The Indian Regional Office (IRO) will be instrumental in enhancing NDB’s engagement with borrowers and
stakeholders.
➢ IRO expands our on-the-ground presence, contributing to preparing and implementing projects
4. What is the name of the credit card which is recently announced by the State Bank of India (SBI) on its Yono platform
which allows eligible customers to get personal loans of up to ₹35 lakh_______ Real-Time Xpress Credit.
Note:
➢ It is a flagship personal loan product for salaried customers (Xpress Credit), now has a digital avatar, and
customers can now avail of it through Yono.
➢ It would be a 100% paperless and digital experience and an end-to-end eight-step journey.
5. Which financial service provider has launched ‘Loan Against Shares’ an end-to-end integrated digital financial
offering _______ Tata Capital Ltd.
Note:
➢ Aims: To provide customers with an easy and seamless experience
➢ Through this facility, the customers can avail of loans up to ₹5 crores by simply pledging their dematerialized
shares online, facilitated by NSDL.
6. Which private bank has joined hands with Retailio to launch of a new range of co-branded credit cards primarily
targeted at chemists and pharmacies in the merchant segment ______ HDFC Bank.
Note:
➢ Retailio is the country's largest B2B pharma marketplace.
➢ The co-branded credit card offers cashback on tax payments, reward points, and 5% Cashback on all Business
essentials.
➢ The card also offers no-cost and low-cost EMI options for all customers on their credit cards.

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7. Under the chairmanship of whom, the Reserve Bank of India has set up a committee to review the efficacy, adequacy,
and quality of customer service in banks, NBFCs, and other entities regulated by it _________ Former RBI deputy
governor BP Kanungo.
Note:
➢ The six-member committee will submit a report within three months from the date of its first meeting.
➢ It will also review the evolving needs of the customer service landscape ( evolving digital/ electronic financial
products and distribution landscape).
8. Which start-up of rural NEO bank has signed a partnership with the IndusInd Bank to digitize the nation's payment
ecosystem and provide a wider scope to transact for its customers in rural India ______ Mahagram.
Note:
➢ Aim: To boost financial inclusion, encourage socio-economic development, mitigate the risks of a shadow
economy, and accelerate the growth of a cashless society.
➢ Mahagram was founded in 2015 to enable rural women to save money at the local Kirana stores.
9. Which bank has signed a co-lending agreement with NBFC Paisalo Digital Limited for agriculture business to
capitalize on the underbanked and under-serviced population _______ UCO Bank.
Note:
➢ The tie-up will give a boost to the agriculture advance of the bank and it is a win-win situation for the bank as
well as the NBFC.
➢ The Government of India aims to help agriculture and other small borrowers who are the backbone of the
Indian economy.
10. How much stakes have been acquired by the GIC (sovereign wealth fund) in Aditya Birla Fashion and Retail (ABFRL)
for Rs 2,195 crore ______ 7.5% equity stake.
Note:
➢ The investment will be made by way of preferential equity and warrants. In the first tranche, the GIC will invest
Rs 770 crore, while the rest amount of Rs 1,425 crore would be infused within 18 months.
➢ After the investment, Aditya Birla Group will hold a controlling stake of 51.9% in the company.
11. Which financial digital payment company will acquire wealth management firms WealthDesk for about $50 million
and OpenQ for around $20 million ______ PhonePe (Walmart-owned digital payments firm).
Note:
➢ PhonePe confirmed the deal related to WealthDesk and OpenQ, but didn’t reveal the value of the transaction.
➢ PhonePe has applied to the Securities and Exchange Board of India (Sebi) for a mutual fund (MF) license in
2021, joining rivals in the race to set up an asset management company (AMC)
12. Which bank becomes the first Japanese bank to open a branch at Gujarat International Financial Tech City (GIFT City)
______ MUFG Bank.
Note:
➢ MUFG Bank has already taken all necessary approvals from the International Financial Services Centre
Authority (India) and the Financial Services Agency (Japan) to set up a branch at GIFT City.
➢ MUFG had opened its first branch in Mumbai in 1953.
13. The Ministry of Road Transport and Highways has increased the third-party (TP) motor insurance premium for
various categories of vehicles with effect from ______ June 1.
Note:
➢ The premium for new private cars is hiked between 1% and 23%.
14. Which NBFC has announced a joint venture (JV) with Indian Bank, to help both institutions leverage synergies and
offer customer-centric financial solutions to borrowers in the retail segment _______Northern Arc (NBFC).
Note:
➢ This move will help Indian Bank by gaining access to Northen Arc's n-POS platform which helps fintech, NBFCs
and investors co-lend to retail loan borrowers.
15. The Reserve Bank of India (RBI) has relaxed the norms for non-bank entities to set up Bharat Bill Payment operating
units (BBPOU) by reducing the net-worth requirement to ______ Rs 25 crores.

3
Note:
➢ Presently, the minimum net worth of Rs 100 crore is required to obtain authorization for a non-bank BBPOU.
➢ Bharat Bill Payment System (BBPS) is an interoperable platform for bill payments and the scope and coverage
of BBPS extend to all categories of billers who raise recurring bills.
16. The Cabinet Committee on Economic Affairs (CCEA) has cleared how much percent of stake to sale in Hindustan Zinc
Ltd (HZL) to fetch around Rs 38,000 crore to the exchequer _______ 29.5%.
Note:
➢ The government has budgeted Rs. 65,000 crore from PSU disinvestment and strategic sale.
➢ In 2002, the government offloaded a 26% stake in HZL to Sterlite Opportunities and Ventures Ltd (SOVL).
17. Bank of Baroda Financial in partnership with National Payments Corporation of India (NPCI) and _______, have
launched HPCL BoB co-branded contactless RuPay Credit Card ____Hindustan Petroleum (HPCL).
Note:
➢ This card can be used across merchants and ATMs globally through the JCB network.
➢ BOB Financial is a wholly-owned subsidiary of the Bank of Baroda (BoB).
18. What is the name of Robo advisory platform launched HDFC Securities _______ HDFC Money.
Note:
➢ This also manages other aspects of finances such as accessing, managing, and tracking portfolios, starting goal
planning, insurance planning, and managing/filing taxes.
19. SEBI has withdrawn the recognition of which exchange _______ Indian Commodity Exchange Limited (ICEX).
Note:
➢ The withdrawal of recognition follows an order passed by SEBI on May 10 after finding the bourse non-
compliant on several grounds like net worth and infrastructural requirements.
20. What would be India's growth has been projected by the Moody’s Investors Service for the calendar year 2022
(CY22) _____ 8.8%.
Note:
➢ It projected inflation to be around 6.8% and 5.2% for 2022 and 2023, respectively.
21. Which organization has issued norms for facilitating the physical import of gold through India International Bullion
Exchange IFSC (IIBX) or similar authorised exchange by Qualified Jewellers in India _____ RBI.
Note:
➢ Banks may allow Qualified Jewellers to remit advance payments for 11 days for import of gold through IIBX in
compliance to the extant Foreign Trade Policy and regulations issued under IFSC Act.
22. RBI has red-flagged which bank in its annual report, observing that balance sheets of shadow banks expanded even as
the asset quality deteriorated _____ non-banking financial companies (NBFCs).
Note:
➢ Some of NBFCs pose potential threat to financial stability as their size increased due to higher risk appetite
➢ Shadow banking: bank-like activities that take place outside traditional banking sector
23. According to the RBI’s Banknote Survey of Consumers findings, which note has revealed as the most preferred
banknote ______₹100.
Note:
➢ ₹2,000 was the least preferred denomination.
➢ Among coins, ₹5 denomination was the most preferred whereas ₹1 was the least preferred.
24. Ecowrap is a research report of which bank _______ SBI.
Note:
➢ According to the State Bank of India’s research report Ecowrap, the growth rate of India’s Gross Domestic
Product (GDP) is expected to be in the range of 8.2 to 8.5% in the FY22.

Obituaries

1. Former parliamentarian Shivaji Patnaik. passed away at 92 who was related to which political party _______CPI (M).
Note:
4
➢ Patnaik joined the undivided Community Party of India (CPI) in 1947 and was the architect of the formation
of CPI(M) in Odisha in 1961. He was elected from the Lok Sabha seat (Bhubaneswar) thrice in 1977, 1989 and
1991.
➢ He was the CPM secretary of the State Committee from 1972 to 1991 and also a member of the central
committee of the CPM for a long period.
2. Lester Piggott passed away and was related to which sports ______ Jockey.
Note:
➢ Piggott was partially deaf, and has won the Derby at Epsom for the first time in 1954 and the ninth win came
on Teenoso in 1983.
3. Bujar Nishani, has passed away and was related to which field _______ Politics.
Note:
➢ He was a former president of Albania.
➢ Nishani was elected as president in June 2012 at the age of 45, and becomes the country’s youngest-ever
president.

Important Days

1. The International Day for Biological Diversity commemorates every year on which date ______May 22.
Note:
➢ The theme for International Day for Biological Diversity 2022 is "Building a shared future for all life".
➢ Purpose: To raise awareness about the environment and all species that live on this planet. The United
Nations General Assembly has designated May 22 as International Day for Biological Diversity in December
2000.
2. International Missing Children’s Day is observed every year on which date _______ 25th of May.
Note:
➢ Aims of the day are to place a spotlight on the issue of child abduction, educate parents on safeguarding
measures to protect their children and also honour those who have never been found and celebrate those
who have.
3. World Thyroid Day is observed on which date to promote awareness and understanding of thyroid diseases, their
symptoms, prevention, and treatments ______ May 25.
Note:
➢ Thyroid Federation international has announced the theme, “It’s not you. It’s your thyroid.”
4. Which day is observed by the United Nations from May 25 to 31 ______International Week of Solidarity with the
Peoples of Non-Self-Governing Territories.
Note:
➢ On December 06, 1999, the UN General Assembly called for the annual observance of the Week of Solidarity
with the Peoples of Non-Self-Governing Territories.
5. Which date is observed as World Turtle Day by American Tortoise Rescue, a nonprofit organization ______ May 23.
Note:
➢ This year’s theme for World Turtle Day is “Shellebrate”. The theme asks “everyone to Love and Save Turtles”.
6. Which date is observed as a Commonwealth Day _______Second Monday of March.
Note:
➢ However, India and a few other countries celebrate it on May 24. The theme for Commonwealth Day 2022 is
‘Delivering a Common Future’
7. United Nations (UN) International Day to End Obstetric Fistula is marked on which date to promote action towards
treating and preventing obstetric fistula ______ 23rd May.
Note:
➢ In 2003 the United Nations Population Fund (UNFPA) and its partners launched the global Campaign to End
Fistula, a collaborative initiative to prevent fistula and restore the health of those affected by the condition.
The day was officially recognized in 2012.
5
8. World Metrology Day(WMD) is annually observed across the globe on which date ______20th May.
Note:
➢ To create awareness about the Metrology, the science of measurement and its application.
➢ The theme for World Metrology Day 2022 is Metrology in the Digital Era.
9. What is the theme of International Day of UN Peacekeepers 2022 which is observed annually on May 29 _______
People Peace Progress: The Power of Partnerships.
Note:
➢ Captain Abdelrazakh Hamit Bahar of Chad has received posthumously the highest award in UN peacekeeping,
the ‘Captain Mbaye Diagne Medal for Exceptional Courage.
10. World No Tobacco Day is observed on which date every year to raise awareness about the destruction caused by
consuming tobacco ________ May 31.
Note:
➢ The United Nations has adopted sustainable development agenda by 2030 with an aim to reduce tobacco-
related deaths by one-third by that time.
➢ Theme 2022: Tobacco: Threat to our environment.

New Appointments

1. Who has been appointed as a CEO of Infosys for the period of five years on the recommendation of the Board of
Directors from July 1, 2022, to March 31, 2027, ______ Salil Parekh.
Note:
➢ He will be the only non-founder CEO to have managed to be at the helm of the company for a second term. He
has been leading the role at Infosys since January 2018.
➢ He took over the role from then-interim CEO and MD and company veteran UB Pravin Rao.
2. Who has been appointed as the new commissioner of the unified Municipal Corporation of Delhi ______ Gyanesh
Bharti.
Note:
➢ The Centre has appointed 1992 batch IAS officer Ashwani Kumar as the special officer in the unified MCD. He
will take over the role of elected councilors and municipal committees till the fresh civic polls are held.
➢ The unified Municipal Corporation of Delhi comes into effect on May 22, 2022.
3. Who was sworn in as Australia's 31st Prime Minister _______Labour Party leader Anthony Albanese.
Note:
➢ Four key Cabinet members, including new Foreign Minister Penny Wong, Richard Marles is the new Deputy
Prime Minister and Employment Minister, Jim Chalmers is Treasurer, and Katy Gallagher is Attorney General
and Finance Minister.
➢ It is Australia's first Labour Government in almost a decade.
4. Who was sworn in as president of East Timor _______ Jose Ramos-Horta (Former independence fighter and Nobel
Peace Prize laureate).
Note:
➢ He defeated incumbent Francisco “Lu Olo” Guterres (his fellow independence fighter) in election. Ramos-Horta
was prime minister from 2006 to 2007 and president from 2007 to 2012.
➢ East Timor is marking the 20th anniversary of independence for Asia’s youngest country.
5. Who has been appointed as the PS to Prime Minister Narendra Modi at joint secretary level _____ Vivek Kumar.
Note:
➢ He will take over as PM Modi’s private secretary from Sanjeev Kumar Singla. Kumar has joined the PMO as a
deputy secretary in 2014.
➢ He is a BTech in chemical engineering from IIT Bombay and has served in diplomatic positions in Russia and
Australia.
6. Who has been appointed as the new Lieutenant Governor (L-G) of Delhi _______ Vinai Kumar Saxena.

6
Note:
➢ He was appointed as the chairman of KVIC in October 2015. He has worked on various schemes and products:
‘Honey Mission’, ‘Kumhar Sashaktikaran Yojana’, ‘Leather Artisans’ Empowerment’, Khadi Prakritik Paint, and
many more.
➢ He has replaced former LG Anil Baijal, who headed Delhi’s government for five years.
7. Who has been reelected as Director-General of WHO for the second term with effect from 16th August 2022_______ Dr.
Tedros Adhanom Ghebreyesus.
Note:
➢ His re-election was confirmed during the 75th World Health Assembly in Geneva. He was the sole candidate.
Dr Tedros was first elected in 2017.
➢ Before joining the WHO, Dr Tedros served as Minister of Foreign Affairs and as Minister of Health in Ethiopia.
8. Who becomes the first woman officer to join the Army Aviation Corps as a combat aviator after successfully
completing her training _______ Captain Abhilasha Barak.
Note:
➢ She is from Haryana and was awarded the coveted wings along with 36 other army pilots by the DG and
Colonel Commandant of Army Aviation in Nashik. She was commissioned into the Indian Army from the
Officers Training Academy, Chennai in 2018.
➢ She has been assigned to the second flight of the 2072 Army Aviation Squadron.
9. Who has been appointed as the CEO of the e-commerce venture of the group JSW One Platforms_______ Gaurav
Sachdeva.
Note:
➢ He will be responsible for creating a strong and healthy transparent platform that will ease buying and selling
of steel and other products for manufacturing and construction MSMEs in the country.
➢ Prior to joining JSW Ventures, he worked in leading institutions like Citibank, Bank of America and Infosys.
10. Who has been made the chair of the WTO's Committee on Technical Barriers on Trade(TBT) _____ Anwar Hussain
Shaik.
Note:
➢ He replaced Elisa Maria Olmeda de Alejandro from Mexico.
11. Who has been appointed as the acting Chairperson of Lokpal by President Ram Nath Kovind, after Pinaki Chandra
Ghose completed his tenure as the Lokpal Chief ______ Justice Pradip Kumar Mohanty.
Note:
➢ His tenure is effective from 28th May, till the appointment of a new Chairperson.
12. Who has been elected as the voting member and chair on the Board of Directors for the Athletes’ Committee, the
International Boxing Association (IBA) _____ Lovlina Borgohain.
Note:
➢ She has received the highest number of votes at the 2022 Women’s World Championships election.

Important News – India

1. Which edition of the Executive Committee, the National Mission for Clean Ganga (NMCG) has approved 11 water
infrastructure projects worth around Rs 660 crore ______42nd.
Note:
➢ The meeting was headed by G Asok Kumar (DG, NMCG). During the meeting, a project for sewerage
management for cleaning of River Hindon in Saharanpur (Uttar Pradesh) was also approved.
➢ The estimated cost of the project is Rs 577.23 crore including the construction of 135 MLD STP, creation of
interception etc.
2. Which gas producer company has become the first Exploration and Production (E&P) company in India to trade
domestic gas on Indian Gas Exchange _______Oil and Natural Gas Corporation Ltd. (ONGC).
Note:

7
➢ The first online trade was made on 23 May 2022 by Anurag Sharma (ONGC Director (Onshore) In-charge
Marketing) on India’s first automated national level Gas Exchange, IGX.
➢ The gas traded is from ONGC Krishna Godavari 98/2 block.
3. Which organisation has announced the Alliance of CEO Climate Action Leaders to supercharge India’s climate action
and decarbonization efforts _______The World Economic Forum (WEF).
Note:
➢ The alliance will continue its efforts to achieve the India vision, ‘Mission 2070: A Green New Deal for a Net
Zero India’, on India’s low-carbon transition by 2070.
➢ Aim: To bring together the government, businesses, and other key stakeholders to achieve PM Narendra
Modi’s ambitious ‘Panchamrit’ pledge.
4. Which minister has launched Single National Portal for Biotech researchers and Start-ups, named Biological
Research Regulatory Approval Portal (BioRRAP)______ Dr Jitendra Singh (Union Minister of State (IC) Ministry of
Science and Technology).
Note:
➢ This will cater to all those seeking regulatory approval for biological research & development activity in the
country.
➢ India will figure among the top 5 countries of the world by 2025 in Global Bio-manufacturing Hub.
5. Who has the head of the Inter-State Council which has been reconstituted recently _______ PM Narendra Modi.
Note:
➢ It works to promote and support cooperative federalism in the country. The council comprises chief
ministers of all states and six Union ministers as members. It will also have 10 Union ministers as permanent
invitees. The government has also reconstituted the standing committee of the Inter-State Council with Union
HM Amit Shah as head.
6. What is the theme of the 8th Edition of Swachh Survekshan - 2023 under Swachh Bharat Mission Urban 2.0 _______
Waste to Wealth.
Note:
➢ The survey would give priority to the principle of 3 Rs- Reduce, Recycle and Reuse. Swachh Survekshan was
introduced by MoHUA in 2016 as a competitive framework to encourage cities to improve the status of urban
sanitation.
7. Which organisation has announced the launch of a revamped Ayushman Bharat Health Account (ABHA) mobile
application under its flagship scheme of Ayushman Bharat Digital Mission (ABDM) ______ National Health Authority
(NHA).
Note:
➢ The ABHA mobile application enables an individual to create an ABHA address (username) that can be linked
with the 14 digit randomly generated ABHA number.
➢ Existing ABHA app users can also update their previous app versions to the latest one. CEO of NHA: Dr RS
Sharma
8. Who has inaugurated India’s biggest drone festival at Pragati Maidan, New Delhi and interact with kisan drone pilots
as well as witness open-air drone demonstrations _____ PM Narendra Modi.
Note:
➢ ‘Bharat Drone Mahotsav 2022’ is a two-day event and being held on May 27 and 28.
➢ Many government officials, foreign diplomats, armed forces, public sector undertakings, private companies,
central armed police forces, and drone startups will participate in the event.
9. Which department has released the National Achievement Survey (NAS) 2021 report to assesses the health of school
education system in the country __________Department of School Education and Literacy.
Note:
➢ The survey has evaluated the children’s learning competencies at classes 3, 5, 8 and 10th with a cycle period
of three years.

8
➢ The survey conducted in 22 regional language. About 34 lakh students of 1.18 lakh schools in 720 districts
from both rural and urban areas have participated in NAS 2021.
10. Ashwini Vaishnaw (Union Minister of Railways, Communications) has approved Rs 8.34 crore collaborative for
which project with the IIT Madras.______ Hyperloop Technology (high-speed transportation system).
Note:
➢ Hyperloop is the 5th mode of transportation that travels in a near vacuum tube. The reduced air resistance
allows the capsule inside the tube to reach speeds of more than 1,000 km/h.
➢ The model proposed by Team Avishkar can achieve a top speed of over 1,200 Km/hr.
11. Which institute has signed an agreement with the Energy Security and Climate Change Program at the Center for
Strategic and International Studies (CSIS), Washington D.C., to work on just energy transition globally including in
India ______ Just Transition Research Centre (JTRC), IIT Kanpur.
Note:
➢ Among Indian states, IIT- CSIS collaboration will engage with Jharkhand, Chhattisgarh, West Bengal, Madhya
Pradesh, and Telangana.
12. The Indian cricket board has now decided to examine using NFT. What is the full form of NFT _____ Non Fungible
Token.
Note:
➢ The Indian cricket board has unveiled FanCraze (cricket metaverse company) as its official associate partner
for the Women's T20 Challenge.
➢ FanCraze is also the ICC partner alongside being on board with West Indies cricket.
➢ The women's T20 challenge will feature three team (the Supernovas, Trailblazers and Velocity) and will
compete at Maharashtra Cricket Association (MCA) Stadium.
13. Which organisation has signed two quadripartite agreements for the development of sewage infrastructure and
management______ The National Mission for Clean Ganga (NMCG).
Note:
➢ First agreement: NMCG, Kolkata Metropolitan Development Authority, M/s. Maheshtala Waste Water
Management Private Limited and Union Bank of India, to stop the flow of sewerage into River Ganga from the
town.
➢ The other agreement is a Substitution Agreement between NMCG, KMDA, MWWMPL and Oesterreichische
Entwicklungsbank.
14. PM Modi has inaugurated World's first Nano Urea (Liquid) Plant constructed at Indian Farmers Fertilizer
Cooperative Ltd (IFFCO) in which state _____ Kalol, Gandhinagar, Gujarat.
Note:
➢ Nano Urea Liquid Plant has been built at the cost of around Rs 175 crore to boost productivity and increase
farmers’ income.
➢ It will produce about 1.5 lakh bottles of 500 ml.
15. Atal Innovation Mission (AIM), NITI Aayog has organized 'National Outreach Meet' for the 2nd edition of Atal New
India Challenge (ANIC) in ______ International Centre Goa.
Note:
➢ Hosted by: Atal Incubation Centre at Goa Institute of Management (AIC-GIM Foundation)
16. Who has launched Indian Business Portal in New Delhi to serve as an international trade hub for Indian exporters
and foreign buyers ______ Union Minister, Anupriya Patel.
Note:
➢ Developed by: Federation of Indian Export Organizations
17. President of India, Ram Nath Kovind has inaugurated a two-day National Women Legislators’ Conference-2022 in
which state ______ Thiruvananthapuram, Kerala.
Note:
➢ It is being hosted by Kerala Legislative Assembly as a part of ‘Azadi ka Amrit Mahotsav’.
➢ It was attended by 120 delegates from different states across India.

9
18. Which country has replaced China to become India's top trading partner in 2021-22 ______ US.
Note:
➢ The bilateral trade between the two countries stood at $119.42 billion (2021-22) against $80.51 billion in
2020-21, according to the data of the commerce ministry.
➢ Other top trading partner: China ($115.42 billion), The UAE ($72.9 billion), Saudi Arabia ($42,85 billion), Iraq
($34.33 billion) and Singapore ($30 billion).
19. Dr. Jitendra Singh (Union Minister) has inaugurated the nation's first Lavender Festival in _______ Jammu’s district
Bhaderwah.
Note:
➢ Lavender cultivation has changed the destiny of farmers in Jammu and Kashmir under the government
initiative of ‘Aroma Mission or Purple Revolution'.
➢ Bhaderwah is in the Doda district and is the best place for lavender cultivation in terms of land and climate.
20. Which custom zone has inaugurated project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram with an aim to track containers
by using ICTM (ICD Container Tracking Module) ______ Delhi Custom.
Note:
➢ This initiative will help in better visibility of the container movement inside the ICD and also help Customs to
speed up the long-standing containers and monitor timely clearances.
21. India has signed an MoU with which country to establish a framework to facilitate and enhance bilateral cooperation
on climate action ______the United Arab Emirates.
Note:
➢ Objective: To contributes towards implementing the Paris Agreement 2015.
➢ United Arab Emirates will host COP28 in 2023.
22. Name the credit-linked portal which will be launched by PM Narendra Modi will launch for delivery of various
schemes ______ Jan Samarth.
Note:
➢ Aim: improve the ease of living for the common man.
➢ Initially, the new portal will launch with the 15 credit-linked government initiatives.
23. Which organisation has launched a public dashboard for near real-time information on the scheme under its flagship
scheme of Ayushman Bharat Digital Mission (ABDM) _______National Health Authority (NHA).
Note:
➢ Dashboard displays: Detailed information on the core registries under the mission – Ayushman Bharat Health
Account (ABHA) numbers, Healthcare Professionals Registry (HPR) and Health Facility Registry (HFR).
24. What is the name of the new life insurance product launched by LIC _______ Bima Ratna.
Note:
➢ A non-linked, non-participating, individual savings life insurance product that combines protection and
savings.
➢ The sum assured on death is greater than 125% of the Basic Sum Assured or 7 times the annualized
premium.
25. PM Narendra Modi has released the 11th installment of how much amount for the PM Kisan Samman Nidhi on May
31 ________ Rs 21,000 crore.
Note:
➢ He has interacted with beneficiaries of about 16 schemes run by 9 Central Ministries/Departments of the
Government of India.
26. The Government has approved the continuation of the Prime Minister's Employment Generation Programme
(PMEGP) till ______ 2025-26.
Note:
➢ Total outlay of Rs 13,554.42 crores.
➢ Aim: to create sustainable employment opportunities for about 40 lakh persons in five years.

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Important News – State

1. Which state/UT government has undertaken a unique initiative of using robots for extinguishing fires in the city
_______Delhi Government.
Note:
➢ These remote-controlled fire fighting robots will have greater accessibility to places and will be able to
navigate narrow lanes, reach spaces inaccessible to humans and perform tasks too risky for people.
➢ These robots will also be capable of releasing high water pressure at the rate of 2,400 liters per minute.
2. Which state government has signed MoUs worth 30,000 crore rupees with 23 companies from different parts of the
world at the World Economic Forum in Davos _______ Maharashtra Government.
Note:
➢ Subhash Desai (Maharashtra Industries Minister) and other ministers from Maharashtra Cabinet were in
Davos to attract investment opportunities. Microsoft will set up its Data Centre in Pune with an investment of
3,200 crore rupees.
➢ More than 55% of investment would come from Singapore, Indonesia, the USA, and Japan.
3. Which lab has come up with its first commercial drone flight in the country's healthcare sector _______ Redcliffe
Labs.
Note:
➢ The company has recently opened its commercial drone corridor between Uttarkashi and Dehradun.
➢ The distance from Uttarkashi to Dehradun by road is 144 km and takes 6-8 hours by road and during
landslides 12 hours, but this distance was covered in 88 minutes with drone technology.
4. Which state government has launched the ‘Kalaignarin All Villages Integrated Agricultural Development Programme’
_______ Tamil Nadu.
Note:
➢ The programme has been proposed in all the 15,525 village panchayats through a convergence of Union and
State government schemes.
➢ Aim: To bring 11.75 lakh hectares of land under net area cultivated in the next 10 years and increase the
double-cropping area to 20 lakh hectares.
5. Which state government has decided to adopt the Electric Vehicle Policy 2022 to promote electric vehicles to
convert 10% of state’s vehicles to electric mode in 5 years _______ Tripura.
Note:
➢ Electric vehicles would reduce air pollution and would be helpful in promoting eco-friendly tourism.
➢ If it is implemented, then Tripura would become the 15th state and third in the Northeast region after Assam
and Meghalaya to adopt the electric vehicle policy.
6. In which state India’s first ‘Olympic Values Education Programme’ (OVEP) by the International Olympic Committee
(IOC) was launched ______Odisha.
Note:
➢ The OVEP was officially launched by Naveen Patnaik (Odisha CM), Nita Ambani (IOC Member) along with
other members.
➢ This programme will be integrated into the school education system of Odisha.
➢ The programme is being developed in partnership with the Department of School and Mass Education
(Odisha) and the Abhinav Bindra Foundation Trust.
7. Which state government has launched ‘SAMBHAV’ (sambhav.up.gov.in) platform/portal to monitor the grievances,
schemes, programmes and policies of the departments ______ Minister for energy and urban development (UP).
Note:
➢ SAMBHAV is a multi-modal platform, it helps to dispose public grievances swiftly and effectively and provide
good governance and make the public service delivery transparent and accountable.
➢ SAMBHAV will work as an Information and Communication Technology (ICT) platform.
8. In which state the fourth edition of the Shirui Lily Festival has began ________ Ukhrul district, Manipur.

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Note:
➢ The four-day festival was inaugurated by the Governor La Ganesan, which is taking place after a gap of two
years.
➢ The Shirui Lily blooms from late May to early June only on the Shirui village hilltop.
➢ Aim of festival: To spread awareness about the rare Shirui flower and encourage tourism in Manipur.
9. Union Minister Jitendra Singh has inaugurated North India’s first Industrial Biotech Park at _______Ghatti, Kathua,
Jammu.
Note:
➢ Biotech Park will act as hub for incubation of new ideas and will act as a robust platform to support Agri-
entrepreneurs, Startups, farmers, scholars, and students.
10. Who has inaugurated Khashaba Jadhav Sports Complex of the Pune University _______ Anurag Thakur.
Note:
➢ The complex is spread over 27-acre land and it has synthetic athletic track, football, Astro turf lawn tennis
court, international standard shooting range, state of art gymnasium.
11. Which govt has announced to form 5-member drafting committee to implement the much-debated Uniform Civil
Code (UCC) in the state ________ Uttarakhand.
Note:
➢ Head of the committee: Ranjana Desai (retired Supreme Court judge)
➢ Members: Delhi High Court judge Pramod Kohli, ex-state chief secretaries Shatrughan Singh, Manu Gaud and
Surekha Dangwal
12. Which state's capital has become the first major metropolitan city in India to make a detailed biodiversity register
_____ Kolkata, WB.
Note:
➢ The 520-page long document listed 399 species of plants which include 138 trees, 126 Chinese vegetables, 33
medicinal plants and nearly 100 other plants.
13. Which state government will launch a pilot project on single-pick cotton on about 50,000 acres ______ Telangana.
Note:
➢ Currently, the farmers pick cotton bolls at least three to four times, this method will help the farmers to
extend the harvest by a few weeks and allow farmers to complete the harvest all at once.
14. Which state becomes the first state to attempt systematize of health accounts to track and monitoring of health
expenditures over time and can serve as an important tool for evidence based policy making. _____ Rajasthan.
Note:
➢ This project of Rajasthan will be aid by the WHO India country office by providing technical and financial
support for conducting the first round of health accounts.
15. Which state has become the first time in the country where the Department of Indian Posts has delivered mail using
a drone ________Gujarat's Kutch district.
Note:
➢ This attempt was done by the drone from Habay village in Bhuj taluka to Ner village in Bhachau taluka of
Kutch district by the postal department under the guidance of the Union Ministry of Communications.
16. What is the name of the new health and wellness app which was launched by Karnataka CM, Basavaraj Bommai
______ AAYU.
Note:
➢ Developed by: Swami Vivekananda Yoga Anusandhana Samsthana (S-VYASA) in partnership with RESET
TECH (an Al-driven integrated health-tech platform).

Important News – World

1. Who has led the team of experts from the National Geographic Society (NatGeo), who has installed the “world’s
highest weather station” on Mt. Everest at an altitude of 8,830 meters _______ Climate scientist Baker Perry
(Appalachian State University in the US).
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Note:
➢ The automatic weather station was installed a few meters below the summit point (8,848.86 meters) as the
snow and ice on the summit are not suitable for fixing equipment.
2. What are the total numbers of members in the Indo-Pacific Economic Framework (IPEF) _____13.
Note:
➢ PM Narendra Modi has formalized India’s entry into the Indo-Pacific Economic Framework (IPEF), along with
12 other countries.
➢ Aim: To strengthen economic cooperation as a geostrategic counter.
➢ The other 12 countries that joined the IPEF: The US, Australia, Brunei Darussalam, Indonesia, Japan, South
Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam.
3. Name three Indians who have been named among the world’s 100 most influential people of 2022 by TIME
magazine ______ Gautam Adani, Karuna Nundy (SC lawyer), and Khurram Parvez (Kashmiri human rights
activist).
Note:
➢ Adani has been named under the Titans category, and Nundy and Parvez are named under the Leaders
category.
➢ Recently, Gautam Adani with $123.7 billion net worth has become the 5th richest person in the world
(2022).
4. Which country is planning to build the world's largest petroleum research centre by the end of the year (2022) _____
Kuwait.
Note:
➢ The research center will have 28 laboratories and built in al-Ahmadi, south of Kuwait City.
5. According to the Fortune 500, who has been received the highest salary as a chief executive officer (CEO) in 2021
______ Elon Musk.
Note:
➢ He has received a salary of around $23.5 billion.
➢ Tim Cook, Apple with USD 770.5 Million placed at second followed by Jensen Huang, NVIDIA (USD 561
Million); Reed Hastings, Netflix (USD 453.5 Million); Leonard Schleifer, Regeneron Pharmaceuticals (USD
452.9 Million).
6. How many Cardinals will be created by Pope Francis ______ 21.
Note:
➢ Two Cardinals from India, Archbishop Filipe Neri António Sebastião di Rosário Ferrão (Archbishop of Goa
and Damão) and Archbishop Anthony Poola (Archbishop of Hyderabad).
➢ The elevated ceremony will be held at the Vatican on August 27, 2022.
7. Which country has topped the 7th edition of Forbes 30 Under 30 Asia List 2022 in terms of the number of entries
______ India (61).
Note:
➢ Edited by: Rana Wehbe Watson
➢ India has topped the list in terms of the number of entries with 61, followed by Singapore (34), Japan (33),
Australia (32), Indonesia (30) and China (28).

Honor & Awards

1. Who has won the Amazon Smbhav Entrepreneurship Challenge 2022 award for saving energy in boilers by using
recycling steam model _______ Subhash Ola (Rajasthan innovator).
Note:
➢ In addition, his enterprise “Geniusenergy Critical Innovation Private Limited” has also won the Start-up of the
Year award.
➢ Geniusenergy Critical Innovation was incubated by the National Innovation Foundation (NIF). NIF is an
autonomous body of the Department of Science and Technology.
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2. The Music Academy has announced the Sangita Kalanidhi and other awards for various artists from the years 2020-
22, who have been awarded Sangita Kalanidhi for 2020 ______ Renowned vocalist Neyveli R Santanagopalan
(2020).
Note:
➢ The Sangita Kalanidhi award will be given to: eminent mridangam artiste Tiruvarur Bhakthavathsalam
(2021) and violin duo Lalgudi GJR Krishnan and Vijayalakshmi (2022).
➢ The Music academy also announced other awards including Nritya Kalanidhi for three recipients in the dance
segment.
3. Which organisation has honoured to India's one million all-women Accredited Social Health Activist (ASHA) workers
for their 'outstanding' contribution to advancing global health ______ World Health Organisation (WHO).
Note:
➢ ASHAs workers worked to provide maternal care and immunization for children against vaccine-preventable
diseases; community health care; treatment for hypertension and tuberculosis.
4. Who has received the VASVIK (Vividhlaxi Audyogik Samshodhan Vikas Kendra) Industrial Research Award in the
category of Agricultural Sciences and Technology for the year 2020 ______ A Gopalakrishnan (Director of the ICAR-
Central Marine Fisheries Research Institute).
Note:
➢ The award includes a cash prize of 1.51 lakh and a citation.
➢ The VASVIK research award is given to scientists and researchers who have demonstrated excellence in eight
categories each year.
5. Geetanjali Shree and American translator Daisy Rockwell won the 2022 International Booker Prize for which book
______ Tomb of Sand.
Note:
➢ The book "Tomb of Sand' was originally written in Hindi, it is the first book in any Indian language to win
such a prestigious award.
➢ The prize money of 50,000 pound will be split between Shree and Rockwell.
6. Which film has won the Palme d’Or at the 75th Cannes Film Festival for the second time _______ Triangle of Sadness.
Note:
➢ Directed by Ruben Ostlund.
➢ Indian filmmaker Shaunak Sen has won the 'L'Oeil d'Or' award for his documentary 'All That Breathes'.
7. Who has received the Excellence in Cinema award at the French Riviera Film Festival ______ Nawazuddin Siddiqui.
Note:
➢ He was received the honour from the two-time Emmy winner American actor-producer, Vincent De Paul.
➢ Prior to this, he was chosen as one of the delegates to receive awards on behalf of the nation at the Cannes
Film Festival.
8. Who has been awarded the Dr. V. Shantaram Lifetime Achievement Award at 17th edition of the Mumbai
International Film Festival of India (MIFF 2022) _______ Sanjit Narwekar.
Note:
➢ The prestigious award includes cash prize of Rs. 10 lakhs, Golden Conch and a citation.
➢ Focus Country of MIFF 2022: Bangladesh
9. Who has been awarded the 'O1 Best Content Award' and the Immunization Champion award by UNICEF at the
annual Radio4Child 2022 Awards in Mumbai _______ Radio Jockey, Umar Nisar.
Note:
➢ He received an award for his excellent work during the pandemic in building awareness and countering
rumours to reach audiences.

Sports News

1. The Indian men’s compound archery team (Abhishek Verma, Aman Saini, and Rajat Chauhan) has defeated which
country in the final to win a gold medal at the Archery World Cup stages in Gwangju, South Korea _______ France.
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Note:
➢ It was their second successive World Cup gold medal as the team had finished on the top step of the podium
in Antalya, Turkey (April 2022).
➢ Archer Mohan Bhardwaj has also won a silver medal in the World Cup. The Compound Mixed duo of
Abhishek & Avneet Kaur win bronze.
2. Which team has been crowned 2021/22 Premier League champions their fourth title success in the last five seasons
_______ Manchester City (Football).
Note:
➢ Manchester City won over Aston Villa in the final game of the season. In Manchester City’s 38 league matches
this season, they have won 29, drawn six, and lost three, scoring 99 goals in the process.
➢ City has now won four Premier League titles and eight major trophies under Pep Guardiola since his arrival in
the summer of 2016.
3. Which Hockey team has emerged as the winners of the Hockey India sub-junior women's national championship
2022 after defeating Hockey Jharkhand by 2-0 in the final in Imphal _______ Haryana.
Note:
➢ Uttar Pradesh Hockey has defeated Madhya Pradesh Hockey by 3-0 to secure third place in the tournament.
➢ Pushpanjali Sonkar, Manisha Patel, and Purnima Yadav scored a goal each to help Uttar Pradesh Hockey seal
third place in the competition for the second consecutive time.
4. Which team win Hockey India Senior Women’s National Championship 2022 title ________Odisha.
Note:
➢ Hockey Association of Odisha became the champion of the 12th Hockey India Senior Women’s National
Championship 2022 after a victory over Hockey Karnataka in Bhopal, Madhya Pradesh. Earlier, Jharkhand
Hockey team has defeated Hockey Haryana by 3-2 in the third-fourth place match.
➢ Punam Barla (34′) has opened the scoring in the match in the third quarter as Odisha picked up the lead.
5. Which batsman has become the first player to hit 700 fours in the history of the IPL _______ Punjab Kings batsman,
Shikhar Dhawan.
Note:
➢ The batter has now a total of 701 IPL fours to his name, followed by David Warner (577) and Virat Kohli
(576).
➢ He achieved this milestone during the match between PBKS and Sunrisers Hyderabad at the Wankhede.
➢ Dhawan also become the second player to score 6000 runs in IPL history after Virat Kohli.
6. Which team has won the Indian Premier League (IPL) champions 2022 after defeating Rajasthan Royals by 7
wickets in the final at Narendra Modi Stadium, Ahmedabad ______ Gujarat Titans.
Note:
➢ Aramco Purple Cap: Yuzvendra Chahal (27 Wickets)
➢ Aramco Orange Cap: Jos Buttler (863 Runs)
7. Which team has become the European champion for a record-extending 14th time after defeating Liverpool by1-0 in
a Champions League final ______ Real Madrid.
Note:
➢ The Real Madrid has claimed their fifth Champions League trophy in nine seasons.
8. Who has won Formula One Monaco Grand Prix after defeating Carlos Sainz Jr. (Ferrari) _______Sergio Perez (Red
Bull).
Note:
➢ It was Perez’s first win of the season.
➢ Mexican's Max Verstappen (Red Bull) has finished third, Leclerc at fourth.

Books and Authors

1. Who is the author of the book titled "Listen to Your Heart: The London Adventure" ________ Ruskin Bond.
Note:
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➢ Published by: Penguin Random House India (PRHI). His first novel: The Room on the Roof Awards: Padma Shri
(1999) and Padma Bhushan (2014).

Science and Defence

1. Which edition of Indian and Bangladesh Navies has commenced two-day Coordinated Patrol (CORPAT) in Northern
Bay of Bengal ______ 4th edition.
Note:
➢ Indian Navy: Two indigenously built Ships - Kora (a guided-missile corvette) and Sumedha (an offshore patrol
vessel) are participating in the exercise.
➢ Bangladesh: Navy Ships BNS Ali Haider and BNS Abu Ubaidah are taking part in the coordinated patrol
exercise.
2. Which edition of Indian Navy and Bangladesh Navy Bilateral exercise, Bongosagar has commenced at Port Mongla,
Bangladesh ______ 3rd edition.
Note:
➢ Aim: Developing a high degree of interoperability and joint operational skills. The exercise includes two
phases: Harbour Phase and Sea Phase
3. Which command of Indian army has signed an MoU with Rashtriya Raksha University (RRU) to develop first-of-its-
kind simulation-based training centre ‘Wargame Research and Development Centre’ in New Delhi ______ Army
Training Command.
Note:
➢ A prototype name ‘WARDEC’ has been gove to this project and use artificial intelligence (AI) to design virtual
reality wargames.
➢ The centre will be used by the Army to train its soldiers and test their strategies through “metaverse-enabled
gameplay”.
4. Name the INS Ship which has been decommissioned by the Indian Navy ________ INS Gomati.
Note:
➢ INS Gomati was commissioned on 16 April 1988 by the then Defence Minister, KC Pant, at Mazgaon Dock Ltd,
Bombay.
➢ During its 34 years of service, the ship participated in Operations Cactus, Parakram and Rainbow, and
multinational naval exercises.
5. Which supercomputer has been established at IIT Gandhinagar, under Phase II of the National Supercomputing
Mission (NSM) ________ Param Ananta.
Note:
➢ NSM is a joint initiative of Ministry of Electronics and Information Technology (MeitY) and Department of
Science and Technology (DST).
➢ Its system is based on Direct Contact Liquid Cooling technology.

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