03rd June Daily Current Affairs 2022: Today GK Updates for Bank Exam

5. Punjab & Sind Bank MD & CEO S Krishnan retires

• Punjab & Sind Bank Limited, an Indian nationalised bank, announced that its MD & CEO, S Krishnan to retire from the role, with effect from May 31, 2022.
• He was appointed as Managing Director & Chief Executive Officer of Punjab & Sind Bank from the date of assumption of office till the date of his superannuation, i.e. 31.05.2022 or until further orders, whichever is earlier. It is now informed that Shri S Krishnan has retired upon his superannuation on 31.05.2022.
• S Krishnan, a postgraduate in Commerce (M.Com) and qualified Cost Accountant (ICMA), took charge as Managing Director & Chief Executive Officer (MD & CEO) of Punjab & Sind Bank on 4th September 2020.
• Prior to joining Punjab & Sind Bank as MD & CEO, Krishnan was Executive Director of Syndicate Bank and Canara Bank. He started his carrier in Indian Bank in January 1983. He has a long and varied field of banking and administrative experience of nearly 38 years.

Important Takeaways For All Competitive Exams:

• Punjab & Sind Bank Limited Headquarters: New Delhi;
• Punjab & Sind Bank Limited Founder: Vir Singh;
• Punjab & Sind Bank Limited Founded: 24 June 1908.

6. Former SBI MD Ashwani Bhatia takes charge as whole-time member at SEBI 

• Ashwani Bhatia has taken charge as a whole-time member (WTM) at the market regulator Securities and Exchange Board of India (Sebi). Bhatia was previously the managing director of the state-owned State Bank of India (SBI). After Bhatia’s joining, Sebi now has three WTMs.
• The government is yet to appoint the fourth member. The market regulator functioned with just two WTMs for the past seven months after Sebi’s current chairperson Madhabi Puri Buch’s tenure as WTM ended on October 4, 2021, and G. Mahalingam demitted office on November 8, 2021.
• For the appointment of the WTM post at Sebi, the candidates are shortlisted by the Financial Sector Regulatory Appointments Search Committee (FSRASC), headed by the Cabinet Secretary.
• Bhatia has been appointed for an initial period of three years from the date of assuming charge. In August 2020, he was elevated as MD of SBI, where he joined as a probationary officer in 1985. Before that, he was working as the MD and chief executive officer of SBI Mutual Fund.

Important Takeaways For All Competitive Exams:

• SEBI Founded: 12 April 1992;
• SEBI Headquarters: Mumbai;
• SEBI Agency executive: Madhabi Puri Buch (Chairperson).

Science and Technology News

7. Country’s First Liquid Mirror Telescope Comes Up in Uttarakhand

• The first liquid mirror telescope in the country and the largest in Asia – was commissioned atop Devasthal, a hill in Uttarakhand. This will now keep a watch on the overhead sky to identify transient or variable objects such as supernovae, gravitational lenses, space debris, and asteroids.
• The Indian Liquid Mirror Telescope (ILMT) will help in surveying the sky, making it possible to observe several galaxies and other astronomical sources just by staring at the strip of sky that passes overhead.
• Built by astronomers from India, Belgium and Canada, the novel instrument employs a 4-meter-diameter rotating mirror made up of a thin film of liquid mercury to collect and focus light.
• It is located at an altitude of 2,450 metres at the Devasthal Observatory campus of Aryabhatta Research Institute of Observational Sciences (ARIES), an autonomous institute under the Department of Science and Technology (DST), Government of India in Nainital district, Uttarakhand.

Important takeaways for all competitive exams:

• Uttarakhand Chief Minister: Pushkar Singh Dhami;
• Uttarakhand Capitals: Dehradun (Winter), Gairsain (Summer);
• Uttarakhand Governor:  Lt Gen Gurmit Singh.

8. ISRO chairman inaugurates new spacecraft manufacturing facility 

• Dr S Somanath, the chairman of the Indian Space Research Organisation (ISRO), inaugurated ANANTH Technologies’ spacecraft manufacturing unit at Karnataka Industrial Area Development Board (KIADB) Aerospace Park. The new state-of-the-art spacecraft manufacturing facility can conduct assembly integration and testing of four large spacecraft simultaneously.
• This is a first of its kind facility in India, adding that since its establishment in 1992, Ananth Technologies has contributed to the manufacturing of 89 satellites and 69 launch vehicles built/launched by ISRO.
• The 15,000 sqm facility is capable of conducting the assembly, integration and testing of four large spacecraft at the same time, with four separate units present within the facility.
• Over the years, ANANTH Technologies has successfully contributed to major launches of ISRO. Our technology acumen is such that none of the sub-systems supplied by ANANTH Technologies has ever failed in orbit.

Important takeaways for all competitive exams:

• ISRO Founded: 15 August 1969;
• ISRO Headquarters: Bengaluru;
• ISRO Chairman: S Somanath.

Important Days

9. World Bicycle Day 2022 observed on 3rd June 

• World Bicycle Day is marked on 3rd June every year to recognise bicycling as a way to get a sustainable form of travelling that also ensures one’s physical well being.
• The day celebrates the tradition of cycling and its significant role in keeping our health fit. Cycling is a multidimensional exercise with numerous health benefits.
• World Bicycle Day becomes all the more significant with the growing concerns around the lack of physical activities among people and its health hazards.
• A cycle is a clean, affordable, and environment-friendly mode of transportation and promoting its use contributes to the conservation of nature and achieving cleaner air and environment. Moreover, encouraging the poorest section of the society to use a cycle might also help reduce cases of heart disease and diabetes.
• World Bicycle Day was first marked on June 3, 2018, when the United Nations first adopted a resolution during the 72nd Regular Session of the United Nations General Assembly in New York City in April.
• The declaration was adopted by more than 193 member states that encouraged them to include bicycles in regional, international, and subnational development programmes and policies.

Obituaries News

10. Santoor maestro Bhajan Sopori passes away 

• Santoor maestro and Padma Shri awardee, Bhajan Sopori has passed away at the age of 73. The santoor player was born in Sopore in Kashmir Valley in 1948 and belonged to the Sufiana Gharana of Indian classical music.
• He was the great-grandson of Pandit Shankar Pandit, who had developed the style popularly known as the ‘Sufi Baaj’ (style), based on Sufiana Qalam and Hindustani Classical music.
• Hailed as ‘Saint of the Santoor’ and the ‘King of Strings’, Sopori won the Sangeet Natak Akademi Award in 1992 and the Padma Shri in 2004. In 2009 he was honoured with the Baba Allaudin Khan Award and M N Mathur award in 2011 for his contribution to Indian classical music.

11. Freedom fighter Anjalai Ponnusamy passes away 

• Freedom fighter Anjalai Ponnusamy, who fought for India’s independence from colonial Britain, died, aged 102. At the age of 21, Anjalai joined the Rani of Jhansi Regiment – the women’s regiment of the Indian National Army – in the hopes of discarding the yoke of British colonialism from the Indian people.
• A prominent figure in the struggle for India’s independence, Bose was a contemporary of Mahatma Gandhi, who shared his dream of an India free from British rule.
• To accomplish this, he founded the Indian National Army in 1943, albeit with the support of the Japanese, during World War II. After the war ended with the Japanese defeat, the Indian National Army was disbanded, and Anjalai returned home to continue her life in Malaysia.

Miscellaneous News

12. Indian American Harini Logan Wins 2022 Scripps National Spelling Bee 

• Harini Logan was eliminated from the Scripps National Spelling Bee once, then reinstated. She missed four words in a gruelling standoff against Vikram Raju, including one that would have given her the title. In the first-ever lightning-round tiebreaker, Harini finally claimed the trophy.
• The 13-year-old eighth-grader from San Antonio, Texas, who competed in the last fully in-person bee three years ago and endured the pandemic to make it back, spelt 21 words correctly during a 90-second spell-off, beating Vikram by six.
• Harini, one of the best-known spellers entering the bee and a crowd favourite for her poise and positivity, wins more than $50,000 in cash and prizes. She is the fifth Scripps champion to be coached by Grace Walters, a former speller, fellow Texan and student at Rice University who is considering bowing out of the coaching business. If so, she will depart on top.

13. Delhi govt to name colonies & streets after Babasaheb Ambedkar

• Following the Central government’s guideline advising against the usage of the word ‘Harijan’, the Delhi government is set to replace the word ‘Harijan’ from names of colonies & streets and name them after Babasaheb Ambedkar instead.
• In this vein, Social Welfare Minister Rajendra Pal Gautam has tabled a proposal to rename all streets and colonies under Delhi Government titled as ‘Harijan’ after Dr Ambedkar.
• The Social Welfare Minister also chaired an important meeting in this regard with senior officials to expedite the process with officials from the concerned departments to act on the matter and issue a notification on the same. The Delhi Government strives to uplift the SC, ST, and OBC communities living in the national capital.

Important Takeaways For All Competitive Exams:

• Delhi Chief Minister: Arvind Kejriwal;
• Delhi Governor: Vinai Kumar Saxena.

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03rd June | Current Affairs 2022 | Current Affairs Today | Current Affairs by Ashish Gautam

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