15th 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 15th 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 15th July 2022 covering the following news headlines: Gati Shakti Vishwavidyalaya, Taranga Hill-Ambaji-Abu Road, AadhaarFaceRd, Wholesale Price Index, Ola Electric.

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 Rail and Transportation Institute upgraded as Gati Shakti Vishwavidyalaya 

• National Rail and Transportation Institute upgraded as Gati Shakti Vishwavidyalaya, the deemed to be university will be upgraded to a central university. The university has been renamed as Gati Shakti Vishwavidyalaya.
• The Union Cabinet gave its approval to introduce a Bill in Parliament, namely, the Central Universities (Amendment) Bill, 2022 to amend the Central Universities Act, 2009 for setting up of Gati Shakti Vishwavidyalaya (GSV).
• The Gati Shakti Vishwavidyalaya is envisioned to be a key enabler for expanding the transportation sector which is strategically critical for India’s economic growth and development.

2. Cabinet approved Taranga Hill-Ambaji-Abu Road new rail line

• The Cabinet Committee on Economic Affairs has approved the construction of the Taranga Hill-Ambaji- Abu Road new rail line to be constructed by the Ministry of Railways at an estimated cost of Rs 2798.16 crore.
• The total length of the new rail line will be 116.65 km and is expected to be completed in 2026-27. The project would generate direct employment during construction for about 40 lakh man-days.

3. UIDAI launched ‘AadhaarFaceRd’ mobile app to perform Aadhaar face authentication 

• The Unique Identification Authority of India (UIDAI) has launched a face authentication feature through a new mobile app called “AadhaarFaceRd”.
• For authentication, Aadhaar card holders no longer need to physically visit an enrollment centre for iris and fingerprint scans.
• The UIDAI has started using face authentication as a method of confirming an Aadhaar holder’s identity. Once your facial authentication is successful, it verifies your identity.

Important takeaways for all competitive exams:

Appointments News

5. Mustafizur Rahman named as Bangladesh High Commissioner to India 

• The Bangladesh Government has appointed Mustafizur Rahman as the next High Commissioner of Bangladesh to India.
• He is currently serving as Permanent Representative of Bangladesh to the United Nations Offices in Geneva and the Ambassador to Switzerland. He will succeed Muhammad Imran as the new High Commissioner.

Economy News

6. Wholesale inflation declines marginally to 15.18% for June 

• The annual rate of inflation based on the all-India Wholesale Price Index (WPI) is 15.18 per cent for the month of June, in a marginal drop from May when the figure stood at 15.88 per cent.
• The latest figure has bucked the three-month rising trend but remained in double-digit for the 15th straight month. Figures have been in double digits since April last year.

Month-wise list of Wholesale Price Index:

Business News

7. Ola introduces India’s first indigenously made lithium ion-cell 

• Ola Electric has unveiled the country’s first indigenously developed lithium-ion cell. The Bengaluru-based two-wheeler maker will begin the mass production of the cell- NMC 2170, from its Chennai-based Gigafactory by 2023.
• The use of specific chemicals and materials enables the cell to pack more energy in a given space and also improves the overall life cycle of the cell.

Important takeaways for all competitive exams:

Banking News

10. Chinese Academy of Sciences launched global naming event for its newest solar observatory 

• The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.67 crore on Ola Financial Services Private Limited for non-compliance with certain provisions related to pre-paid payment instruments and Know Your Customer norms.
• The penalty has been imposed in the exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007.
• A notice was issued to the entity advising it to show cause as to why a penalty should not be imposed for non-compliance with the directions.
• Ola Financial Services Private Limited, a subsidiary of ride-hailing app Ola, offers financial services such as lending for two-wheelers, four-wheelers, personal loans and insurance products.

Summits and Conferences News

11. WEF’s Gender Gap Report 2022: India ranks low at 135th globally 

• Prime Minister Narendra Modi participated in the first virtual I2U2 Summit. The I2U2 is a four-nation grouping, where “I” stands for India and Israel, and “U” for the US and the UAE.
• PM Modi was joined by United States President Joe Biden, Israeli PM Yair Lapid and UAE President Mohammed bin Zayed Al Nahyan.

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Science and Technology News

12. Indian researchers developed novel method to render SARS-CoV-2 inactive 

• New synthetic peptides that can both prevent the SARS-CoV-2 virus from entering cells and clump the virus particles together to lessen their capacity to infect living cells have been created by Indian scientists.
• With the help of this innovative technique, viruses like SARS-CoV-2 can be rendered dormant, opening the door for a new family of peptide antivirals.

Schemes and Committees News

13. 7th anniversary of Skill India Mission is being observed on 15th July 

• The 7th anniversary of the Skill India Mission is being observed on 15th July. National Skill Development Mission also known as Skill India Mission was launched on this day in 2015. Skill India is an initiative of the central government to empower the youth with skill sets, making them more employable.
• The programme has numerous benefits and its objective is to enable youth to take up training in order to secure a better livelihood. Over one crore youth are getting trained every year under the Skill India Mission. Under the Pradhanmantri Kaushal Vikas Yojna, more than one crore 36 lakh young persons have been trained so far.

Books and Authors News

14. Dr S Jaishankar launches ‘Connecting through Culture’ at Sushma Swaraj Bhawan in Delhi

• External Affairs Minister S. Jaishankar launched ‘Connecting through Culture’, an anthology of essays on various aspects of India’s soft power strengths, at Sushma Swaraj Bhavan in New Delhi, India.
• The Minister described the book as the “good cop” in diplomacy and said that it can be used to encourage others to work with India because “it creates a comfort about India.

Science and Technology News

15. Samsung created fastest graphics DRAM chip in the world 

• Samsung announced the creation of a new graphics dynamic random-access memory (DRAM) chip with increased speed and power efficiency.
• According to a statement from the manufacturer, the 24-gigabit Graphics Double Data Rate 6 (GDDR6) uses third-generation, 10-nanometer technology and boasts a data processing speed that is over 30% quicker than competing products.

Important Takeaways for All Competitive Exams:

• Samsung Founder: Lee Byung-chul
• Samsung Chairman: Lee Kun-hee

16. Agnikul Cosmos opened India’s first rocket engine factory in Chennai 

• Space tech startup, Agnikul Cosmos has inaugurated India’s first-ever factory to manufacture 3D-printed rocket engines in Chennai. The facility will use additive manufacturing technology to build 3D printed rocket engines and will be used to produce engines for its own in-house rockets.
• It was unveiled by Tata Sons chairman N Chandrasekaran and ISRO chairman S Somanath in the presence of Pawan Goenka, the chairman of IN-SPACe (Indian National Space Promotion and Authorization Centre).
• The 10,000-square-foot facility is located at IIT-Madras Research Park. It will have a 400mm x 400mm x 400mm metal 3D printer from EOS that will enable end-to-end manufacturing of a rocket engine under one roof.