10th and 11th July 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 for 10th & 11th  July 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 10th & 11th July 2022 covering the following news headlines: Wimbledon 2022, Austrian Grand Prix 2022, Mission Kushal Karmi, Ranil Wickremesinghe, Pariman. 

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.

National News

1. National Capital Region Planning Board’s geo-portal “Pariman” now accessible for public 

• Geo-Portal for NCR known as ‘PARIMAN’ was launched on 31.08.2021 in the 40th meeting of the Board by Shri Hardeep Singh Puri, Chairman, NCRPB and Union Minister for Housing & Urban Affairs.
• For the purpose of effective utilization of remote sensing and GIS technology, a web geo-portal has been developed by National Informatics Centre (NIC), initially for use by the National Capital Region (NCR) participating states and the office of the National Capital Region Planning Board (NCRPB).

2. Internet exchanges launched in Durgapur and Bardhaman by the National Internet Exchange of India 

• Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, Skill Development & Entrepreneurship, Government of India, inaugurated two new Internet Exchange Points (IXP) of the National Internet Exchange of India (NIXI) at Durgapur and Vardhman.
• In the presence of S. S. Ahluwalia, Member of Parliament for Bardhaman-Durgapur Lok Sabha, in keeping with Prime Minister Narendra Modi’s Digital India vision to connect every Indian. It is under the 1000-day plan of the Ministry of Electronics and Information Technology (MeitY).

3. Union Minister Jitendra Singh to launch the IS4OM for Safe & Sustainable Space Environment 

• With the help of the ISRO System for Safe and Sustainable Space Operation and Management (IS4OM), India has increased its ability to protect its space assets on its own.
• Mr. S Somanath, Secretary of the Department of Space and Chairman of the Indian Space Research Organization, are slated to officially launch the IS4OM in the presence of Dr. Jitendra Singh, Minister of Science and Technology, Earth Sciences.
• The IS40M system was developed with a comprehensive viewpoint, according to ISRO (Indian Space Research Organisation), to assure the safety and sustainability of the space environment while enjoying the benefits of sustainable use of space for national development.

4. President of India attends the Yuva Sammelan hosted by “My Home India” 

• The Yuva Sammelan, which was hosted by “My Home India” in New Delhi, was attended by Ram Nath Kovind, the President of India. The President stated that youth are a nation’s present and future when speaking at the event. Their skills have a distinct impact on elevating a nation.
• Therefore, it is reasonable to conclude that today’s youth will write tomorrow’s history. According to the President, there are more adolescents and young people in India than anywhere else in the world. This phenomenon, known as the “Demographic Dividend,” presents an opportunity for our nation.

International News

5. Sri Lanka PM Ranil Wickremesinghe announces resignation

• Ranil Wickremesinghe has resigned as Sri Lankan prime minister to make way for an all-party government to take over. He will resign after an all-party government is established and the majority is secured in Parliament.
• Wickremesinghe will continue as Prime Minister until then. Meanwhile, 16 MPs of President Rajapaksa’s Sri Lanka Podujana Peramuna (SLPP) party in a letter requested him to resign immediately and make way for a leader who could command the majority in Parliament to lead the country.

States News

6. Y S Jagan Mohan Reddy, Chief Minister of Andhra Pradesh elected YSRC president for life 

• Yuvajana Sramika Rythu Congress (YSRC) elected Y S Jagan Mohan Reddy, the chief minister of Andhra Pradesh, as its “president for life.”
• Following a change to the party’s constitution, the following decision was made following the two-day plenary of the YSRC.
• Jagan Mohan Reddy would be given lifetime leadership of the YSRCP, according to Vijayasai Reddy, the leader of the YSRC’s Parliamentary Party.

Appointments  News

7. Indian Air Force & PNB signs MoU for ‘PNB Rakshak Plus Scheme’ 

• The Appointments Committee of the Cabinet (ACC) has approved the appointment of Brajesh Kumar Upadhyay as Chairman & Managing Director (CMD) of Goa Shipyard Limited (GSL), a PSU under the Ministry of Defence.
• Upadhyay has been appointed to the post for a period of five years from the date of his assumption of charge of the post, or until further orders, whichever is earlier.

Important takeaways for all competitive exams:

• Goa Shipyard Limited Founded: 1957;
• Goa Shipyard Limited Headquarters: Goa.

8. Rajendra Prasad takes charge as MD of National High-Speed Rail Corporation Limited 

• Rajendra Prasad has been appointed as the Managing Director of National High-Speed Rail Corporation Limited (NHSRCL) after the government dismissed Satish Agnihotri over corruption allegations.
• He is working as Director of Project with NHSRCL since November 2017 and is overall in charge of civil engineering works of the Mumbai Ahmedabad High-Speed Rail Project, popularly known as the Bullet Train Project.

Important takeaways for all competitive exams:

• National High-Speed Rail Corporation Limited Founded: 12 February 2016;
• National High-Speed Rail Corporation Limited Headquarters: New Delhi.

9. Alvaro Lario named as new President of IFAD

• The governing council of the International Fund for Agricultural Development (IFAD) has been appointed as Spain’s Alvaro Lario new President.
• Lario will take office on 1 October 2022 and serve a four-year term. He will succeed Gilbert Houngbo who has led the organisation since 2017.

Important takeaways for all competitive exams:

• International Fund for Agricultural Development Founded: December 1977, Rome, Italy.

Agreements News

10. Coffee Board to collaborate with ISRO to develop climate-resistant varieties 

• State-run Coffee Board is planning to focus on developing new varieties that will be resistant to the changing climatic patterns.
• A Memorandum of Understanding (MoU) between the Coffee Board and the Indian Space Research Organization (ISRO) was signed with regard to breeding climate-resilient varieties and assessing the carbon sequestration potential in coffee among others.
• The Central Coffee Research Institute (CCRI) in Chikmagalur district of Karnataka conducts plant-related research activities under the Board in the areas of plant breeding, agronomy, agriculture chemistry and soil science, plant physiology, pathology, entomology, and post-harvest technology, among others.

Important takeaways for all competitive exams:

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

Banking News

11. Shriram General Insurance and City Union Bank signed a corporate agency agreement 

• City Union Bank (CUB) and Shriram General Insurance inked an agreement in a corporate setup to offer Shriram General Insurance’s insurance products through its network of 727 offices throughout India.
• According to this arrangement, Shriram General Insurance will provide customers of the bank with personal lines of insurance products including auto, personal injury, house, and travel insurance as well as business lines of insurance goods like property, marine, and engineering insurance.

Important Takeaways for All Competitive Exams:

• Shriram General Insurance MD and CEO: Anil Kumar Aggarwal
• City Union Bank MD and CEO: N Kamakodi

12. Federal Bank and Bank of India penalized by RBI for breaking regulatory obligations 

• Due to shortcomings in regulatory compliance, the Reserve Bank of India (RBI) fined Federal Bank Rs 5.72 crore. The Reserve Bank of India (RBI) (financial services provided by banks) Directions, 2016 has strict penalties for violations.
• Federal Bank did not make sure that the insurance company did not compensate any of its employees providing corporate agency or insurance broking services with incentives (cash or non-monetary). 
• The private lender’s standalone net profit increased by 13.13% to Rs 540.54 crore in Q4 FY22 over Q4 FY21 on a 2.72 % increase in total income to Rs 3948.24 crore.

13. Union Bank launched Open Banking Sandbox and Metaverse Virtual Lounge 

• Union Bank of India (UBI) has introduced a Metaverse Virtual Lounge – Uni-verse, & Open Banking Sandbox environment in collaboration with Tech Mahindra in an effort to elevate consumers’ banking experiences.
• In the beginning, movies and information on the bank’s deposits, loans, government assistance programmes, digital initiatives, etc. will be hosted by Uni-verse. Customers will receive a special banking experience thanks to it.
• The bank will work with fintechs and start-ups to develop cutting-edge banking products under the Open Banking Sandbox environment, according to reports.

Science and Technology News

14. Mission Kushal Karmi: Delhi Govt’s scheme to improve construction workers’ skills

• Nokia has partnered with the Indian Institute of Science to set up the Nokia Center of Excellence in networked robotics at IISc Bengaluru.
• The Center of Excellence (CoE) will promote inter-disciplinary research involving robotics and advanced communication technologies in 5G and Artificial Intelligence (AI). It will also develop use cases across industrial automation, agriculture and disaster management.

Important takeaways for all competitive exams:

• Nokia President: Pekka Lundmark;
• Nokia CEO: Pekka Lundmark;
• Nokia Founded: 12 May 1865;
• Nokia Headquarters: Espoo, Finland.

15. IIT-M technology to play ‘Pivot’al role in providing patients with cancer with individualised care 

• IIT Madras researchers have developed a revolutionary method that can identify a person’s cancer-causing genes. Based on patient DNA profiles, the “Pivot,” an AI-based tool, will help clinicians create individualised treatment programmes for patients.
• The tool is built on a machine learning model that classifies genes into cancer-preventing tumour suppressors, oncogenes that cause cancer, and neutral genes.

Sports News

16. Ferrari’s Charles Leclerc wins Austrian Grand Prix 2022

• Ferrari’s Charles Leclerc held off world champion Max Verstappen to win the Austrian Grand Prix 2022.
• Red Bull’s Max Verstappen had to settle for second and Mercedes’ seven-time world champion Lewis Hamilton was a distant third, after starting eighth, to complete the podium for the third race in a row.
• Leclerc, whose victory is his first in Formula 1 had not started on pole position, has now closed the gap to Verstappen in the drivers’ championship standings to 38 points.

17. Wimbledon 2022: Novak Djokovic wins the seventh title 

• Serbia Novak Djokovic won a seventh Wimbledon men’s title and 21st Grand Slam crown with a four-set triu
• mph over Nick Kyrgios.
• Kyrgios gave his best to challenge the more experienced rival in his first Major final, but he could take only one set, propelling Djokovic toward the 21st Major crown.

Here is the Complete List of Winners in Different Categories:

Important Days

18. World Population Day 2022 observed globally on 11 July 

• World Population Day is observed every year on July 11 to raise awareness about global population issues.
• The major purpose of this day is to raise awareness of all the negative impacts that population growth has had on the steady development of nature.
• Globally, this day is celebrated by organising seminars, discussions, educational sessions, public contests, slogans, workshops, debates, songs, etc.
• The theme for this year is “A world of 8 billion: Towards a resilient future for all – Harnessing opportunities and ensuring rights and choices for all”.

19. National Fish Farmers’ Day 2022: 10 July 

• National Fish Farmers Day is celebrated on 10th July every year to demonstrate solidarity with all fisher folk, fish farmers and concerned stakeholders throughout the Country. It is 65th National Fish Farmers Day being celebrated across the Country.
• National Fisheries Development Board, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India celebrated the National Fish Farmers Day virtually at National Fisheries Development Board (NFDB) Hyderabad.

Obituaries News

20. ‘Father of Indian Internet’ BK Syngal passes away 

• Brijendra K Syngal, former Chairman of Videsh Sanchar Nigam Ltd (VSNL), passed away after a prolonged illness. He was 82. Syngal, who has been acknowledged as the father of the Indian Internet, was known for his strong views and fearlessness in taking on the establishment.
• As the Chairman of VSNL, he was unofficially known as the ‘bulldozer’ for his ability to push through bureaucratic hurdles, as a result of which VSNL grew from a $125 million company in 1991 into a $1.65 billion communications giant by 1998.