17th and 18th 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 17th and 18th 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 17th and 18th July 2022 covering the following news headlines: Nelson Mandela International Day, PV Sindhu, Indian Olympic Association, Dunagiri, OneCard.

Top 18 Daily GK Updates: National & International News 

Here is providing below the top 18 important Daily General Knowledge 2022 updates with national & international news.

National News

1. Varanasi named 1st cultural and tourism capital of SCO 

• The holy city of Varanasi showcasing India’s culture and traditions over the ages will be declared the first “Cultural and Tourism Capital” of the Shanghai Cooperation Organisation.
• Varanasi will become the “Cultural and Tourism Capital” of the SCO for 2022-23 under a new rotating initiative by the eight-member organisation to promote people-to-people contacts and tourism among the member states.
• The Beijing-headquartered Shanghai Cooperation Organisation (SCO) is an eight-member economic and security alliance comprising China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, India and Pakistan.

2. Consumer Affairs Department launches Jagriti, its new mascot 

• Jagriti is a mascot created by the Department of Consumer Affairs (DoCA) with the goal of empowering customers and raising awareness of their rights. Jagriti will be shown as an educated consumer who is advocating for her rights and finding answers to the issues she encounters.
• The Jagriti mascot will be employed to raise consumer awareness of a variety of Departmental topics, including the provisions of the 2019 Consumer Protection Act, hallmarking, the National Consumer Helpline toll-free number 1915, provisions of the Weights and Measures Act, decisions of the Central Consumer Protection Authority, and consumer testimonies regarding grievance redressal.

States News

3. Kerala becomes first state to have own internet service 

• Kerala is now the first and only state in the country to have its own internet service, according to Chief Minister Pinarayi Vijayan, who made the announcement.
• The announcement followed the Department of Telecommunications’ granting of an Internet Service Provider (ISP) licence to the IT infrastructure project of the Kerala Fiber Optic Network Ltd (K-Fon), which aims to provide everyone in the state access to the internet.
• K-Fon or Kerala Fiber Optic Network Ltd is a state government initiative that aims to eliminate the digital gap. As per the government, the infrastructure created by this project is expected to complement the state’s current telecom ecosystem.

Important takeaways for all competitive exams: 

• Kerala Governor: Arif Mohammad Khan;
• Kerala Capital: Thiruvananthapuram;
• Kerala Chief Minister: Pinarayi Vijayan.

Appointments News

4. West Bengal Governor Jagdeep Dhankhar is NDA’s vice-presidential pick 

• The BJP has announced West Bengal Governor, Jagdeep Dhankhar as the NDA’s vice-presidential candidate, with party chief J P Nadda lauding him as a “Kisan Putra (farmer’s son)” who had established himself as “a people’s governor”.
• With the NDA having a clear majority in the electoral college comprising MPs of the Lok Sabha and Rajya Sabha, Dhankhar is expected to win the August 6 election to vice-president. He will succeed M Venkaiah Naidu, whose term ends on August 10.

5. VK Singh appointed as Director (Technical) of REC Limited 

• V.K. Singh has taken charge as Director (Technical) of REC Limited.
• Before this elevation, Singh was Executive Director in REC holding a portfolio of key business areas including Private Sector Project Management, Entity Appraisal and Procurement and is also a Director on the Board of REC Power Development and Consultancy Limited.
• REC Limited, formerly Rural Electrification Corporation Limited, is a public Infrastructure Finance Company in India’s power sector. The company is a Public Sector Undertaking and finances and promotes power projects across India.

Agreements News

6. MoU signed between RBI and Bank Indonesia to further their shared cooperation 

• An agreement was reached between the Reserve Bank of India and Bank Indonesia to increase collaboration in payment systems, digital financial innovation, anti-money laundering, and countering the funding of terrorism (AML-CFT).
• On the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Bali, the two central banks agreed to a Memorandum of Understanding (MoU) to further their mutual cooperation.

Important Takeaways For All Competitive Exams:

• Reserve Bank of India Governor: Shaktikanta Das
• Bank Indonesia Governor: Perry Warjiyo

Bankings News

7. Integration with new tax site completed by Kotak Mahindra Bank

• As one of the first private banks to be fully connected with the new portal, Kotak Mahindra Bank has announced the completion of its technical integration with the new income tax e-filing system.
• According to a statement from the lender, Kotak Mahindra Bank clients can now pay their direct taxes online through the e-pay tax page of the portal using Kotak net banking or in person at a branch. For its clients, this will make the tax payment procedure quick, easy, and convenient.

Important Takeaways For All Competitive Exams:

• Joint managing director, Kotak Mahindra Bank: Dipak Gupta

Business News

8. Following $100 million in investment, OneCard becomes India’s 104th unicorn 

• OneCard, a mobile-first credit card company, raised $100 million in a series D round of funding backed by Temasek, making it the 104th unicorn in India. India has created more than 20 financial unicorns so far in 2022, including OneCard, Open, Oxyzo, and Yubi (formerly CredAvenue).
• Existing investors including QED, Sequoia Capital, and Hummigbird Ventures also made investments in OneCard‘s most recent round, which is owned by FPL Technologies of Pune.

Important Takeaways For All Competitive Exams:

• Managing director, investment (India), of Temasek, OneCard: Mohit Bhandari

Schemes and Committees News

9. Govt establishes commission to build a framework for right to repair 

• The Department of Consumer Affairs has formed a committee under the leadership of Additional Secretary Nidhi Khatri in an effort to provide an overall framework for the Right to Repair.
• Anupam Mishra, Joint Secretary DoCA, Justice Paramjeet Singh Dhaliwal, G.S. Bajpai, Chancellor, Rajiv Gandhi National University of Law, Patiala, Ashok Patil, Chair of Consumer Law and Practice, and members from stakeholders like ICEA, SIAM, consumer activists, and consumer groups make up the committee.

Important Takeaways For All Competitive Exams:

• Additional Secretary, Department of Consumer Affairs: Nidhi Khatri
•  Joint Secretary, Department of Consumer Affairs: Anupam Mishra

Defence News

10. Rajnath Singh launched Project 17A stealth frigate ‘Dunagiri’ 

• Union Defence Minister Rajnath Singh has launched the fourth P17A stealth frigate ‘Dunagiri’ into the Hooghly River in Kolkata. The Project 17A frigate is built by Garden Reach Shipbuilders Limited.
• The P-17A class is a follow-on of the P-17 Shivalik Class with improved stealth features & advanced weapons.
• The first two ships of the P17A Project were launched in 2019 and 2020 at MDL and GRSE respectively. The third ship (Udaygiri) was launched at MDL on 17 May 22 earlier this year.

Science and Technology News

11. First-Ever ‘Made In India’ surgical robotic system installed at Rajiv Gandhi Institute 

• Rajiv Gandhi Cancer Institute and Research Center, New Delhi (RGCI) have installed the first-ever Made-in-India Surgical Robotic System, “SSI-Mantra”, devised by the new-age Indian med-tech start-up SS Innovations.
• The ingenious SSI Mantra, a brainchild of World-renowned robotic cardiac surgeon Dr Sudhir P Srivastava, will be signifying the beginning of a new era of surgical procedures in India, making robotic surgery accessible and affordable for the people of our country.

Sports News

12. IOA named 322-member Indian contingent for Commonwealth Games 

• Indian Olympic Association (IOA) has announced a 322-member Indian contingent including 215 athletes and 107 officials and support staff to represent the country at the Commonwealth Games 2022 in Birmingham, United Kingdom.
• The Games are scheduled to be held in British city from July 28 to August 8, 2022 Team India will compete in 15 sporting disciplines as well as four disciplines in the para-sports category.
• Rajesh Bhandari, vice president of the Boxing Federation of India (BFI), is the Chef de Mission of the squad. Team India will compete in 15 sporting disciplines as well as four disciplines in the para-sports category.

13. Indian GM Aravindh Chithambaram won the tournament in Spain 

• Indian Grandmaster Aravindh Chithambaram has emerged winner in the 41st Villa De Benasque International Chess Open in Spain. Chithambaram’s coach R B Ramesh praised his ward for the title.
• He defeated Armenia’s Robert Hovhannisyan and compatriot Raunak Sadhwani on the basis of a tie-break score here. Sadhwani finished in third place behind the Armenian. Chithambaram is also a former national champion.

14. Singapore Open 2022: PV Sindhu wins first Super 500 title 

• PV Sindhu won the first Super 500 title of her career when she defeated reigning Asian champion Wang Zhi Yi of China 21-9, 11-21, 21-15 in the final of the Singapore Open.
• Anthony Sinisuka Ginting won the men’s singles title at badminton’s Singapore Open 2022. Olympic bronze medallist Ginting from Indonesia beat unseeded Japanese player Naraoka Kodai in a closely fought final.

Important days 

15. World Day for International Justice 2022

• World Day for International Justice is observed on July 17 to commemorate the organisations that work to bring justice to the victims of international criminal acts. It also commemorates the establishment of modern court systems in the world.
• On July 17, 1998, 120 countries came together to sign a treaty titled the Rome Statute of the International Criminal Court. The establishment came to be known as the International Criminal Court (ICC), which came into force on July 1, 2002.

16. Nelson Mandela International Day 2022 observed on 18 July

• Every year on July 18 the world marks Nelson Mandela International Day. The day is a remembrance of the first democratically elected President of South Africa and his long years of struggle for justice against apartheid.
• The theme for Nelson Mandela International Day 2022 is “Do what you can, with what you have, where you are”, according to the United Nations.
• The day came about in November 2009, after the UN General Assembly recognised the former contributions of Mandela to peace and the fight for freedom.

Obituaries News

17. Former Punjab Speaker Nirmal Singh Kahlon Passes Away 

• Former Punjab Speaker and Shiromani Akali Dal (SAD) leader, Nirmal Singh Kahlon has passed away at the age of 79.
• He was the Rural Development and Panchayat Minister from 1997 to 2002 and the Speaker of the Legislative Assembly from 2007 to 2012.

Miscellaneous News

18. Inauguration of Census Data Workstation at IIT Delhi 

• A new census workstation has been unveiled by the Indian Institute of Technology (IIT) Delhi in the Economics Lab of the Department of Humanities and Social Sciences. The Census Data Workstation was officially opened by Dr. Vivek Joshi, the Registrar General and Census Commissioner for India.
• According to Dr. Joshi, the new workstation aims to make it easier for academics and researchers to access census microdata. Additionally, it will contribute to raising awareness of the enormous amount of data that was gathered during Census activities.

Important Takeaways For All Competitive Exams:

• Registrar General and Census Commissioner for India: Dr. Vivek Joshi
• Deputy Director (Strategy and Planning), IIT Delhi: Professor Ashok Ganguli