25th February Daily Current Affairs 2022: Today GK Updates for Bank Exam

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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 of 25th of February 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 25th of February 2022 covering the following news headlines: Vande Bharatam, Hindustan Unilever Ltd, Rishabh Pant, World Economic Forum, Moody, Rafale Fighter Jets, US Boeing.

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. Giriraj Singh launches Ombudsperson App for Mahatma Gandhi NREGA

Union Minister for Rural Development and Panchayati Raj, Giriraj Singh has launched Ombudsperson App for Mahatma Gandhi NREGA.
Ministry of Rural Development has developed an Ombudsperson App for smooth reporting and categorization of grievances by Ombudsperson based on complaints he received from various sources viz. physical, digital and mass media, related to the implementation of the Mahatma Gandhi NREG Scheme in the States/UTs.
The app will enable easy tracking and timely passing of awards by Ombudsperson on each case as per the guidelines. Ombudsperson can also easily upload the quarterly and annual reports on the website through the app.
The app will help the ombudsperson to a greater extent in discharging her/his duty towards transparency and accountability. Also, smooth disposal of the grievances in a time-bound manner with minimal support of further human resources will be possible through the app.

2. Vande Bharatam’s signature tune released by Minister of State for Culture

Minister of State for Culture & External Affairs, Meenakashi Lekhi has released a signature tune for ‘Vande Bharatam’. The tune is composed by Grammy Award winner Ricky Kej and Oscar contender Bickram Ghosh.
It was produced for Vande Bharatam, Nritya Utsav of Ministry of Culture presented at Rajpath, New Delhi for Republic Day event 2022. It was followed by the fascinating live performance by composers of Vande Bharatam song Ricky Kej and Bikram Ghosh.
The two musicians, Ricky kej and Bickram Ghosh shared that it is an honour for them to have given the score for Vande Bharatam which is a very rich piece of music and is based on Indian traditions but also has modern features and fusion.
The Ministry of Defence handed over the special trophy to the Ministry of Culture in recognition of its exemplary efforts during the Republic day Event 2022.

Appointments News

3. Rakesh Sharma again appointed as MD & CEO of IDBI Bank

Industrial Development Bank of India (IDBI Bank) has informed the stock exchanges that its board has approved the reappointment of Rakesh Sharma as the managing director and chief executive officer of the bank for a period of three years, effective March 19, 2022. Sharma’s reappointment as the MD&CEO of the bank has received the banking regulator, Reserve Bank of India’s (RBI) nod.
Sharma was previously the MD&CEO of Canara Bank and retired from this position in July 2018. Prior to that, he served as the MD&CEO of Laxmi Vilas Bank from March 2014 to September 2015. He was previously associated with the State Bank of India (SBI).

Important takeaways for all competitive exams:

IDBI Bank Owner: Life Insurance Corporation;
IDBI Bank Headquarters: Mumbai.

4. HUL named Nitin Paranjpe as non-executive Chairman

Hindustan Unilever Ltd (HUL) has announced the separation of the position of Chairman of the Board and the CEO & Managing Director of the company.
Nitin Paranjpe has been appointed as the Non-Executive Chairman of the company with effect from March 31, 2022. He is currently serving as Chief Operating Officer of Unilever, the parent company of HUL. Sanjiv Mehta will continue to be the Chief Executive Officer & Managing Director (CEO & MD) of the company.
The Board accepted the recommendation made by the NRC and has appointed Paranjpe as a Non-Executive Chairman. The appointment is subject to approval of the shareholders which the Company will seek as per applicable regulations.

Important takeaways for all competitive exams:

Hindustan Unilever Ltd Headquarters: Mumbai;
Hindustan Unilever Ltd Founded: 17 October 1933.

5. Dish TV’s ropes Rishabh Pant as its brand ambassador

Dish TV India, has announced the appointment of Indian cricketer Rishabh Pant as brand ambassador. Pant will feature in the brand’s 360-degree communication for the next two years. This investment in the D2H brand is going to make it even stronger.
The close affinity between D2H brand and Rishabh Pant as brand ambassadors will enable deeper engagement of D2H with its TG.
Rishabh has quickly developed into a distinctive entertainer on the cricket field, with his boundless energy behind the stumps and innovation in shot-making. He brings a spark each time he enters the field and appeals to the huge 18-35 age group across the country, our core audience.

Agreements News

6. India’s NIUA and WEF to collaborate on sustainable cities development programme

World Economic Forum (WEF) and the National Institute of Urban Affairs (NIUA) have signed a Memorandum of Understanding (MoU) to collaborate on a jointly designed ‘Sustainable Cities India program’.
The program aims to create an enabling environment for cities to generate decarbonization solutions across the energy, transport, and built environment sectors. This initiative is particularly noteworthy as it comes after the Honorable Prime Minister Narendra Modi stated India’s commitment to turn net-zero by 2070 as a climate mitigation response at COP26.

Economy News

7. Moody’s revised India’s growth estimates to 9.5% in CY2022

Moody’s has revised India’s economic growth estimates in the Current Year 2022 upwards to 9.5 per cent from 7 per cent on stronger than expected recovery after a lockdown in 2020 and Covid-19’s Delta wave in 2021. It maintained a forecast for 5.5 per cent growth in CY2023.
In its update on Global Macro Outlook 2022-23 today, Moody’s said sales tax collection, retail activity and Purchasing Managers Index suggest solid momentum. However, high oil prices and supply distortions remain a drag on growth for India.

Defence News

8. India receives three more Rafale Fighter Jets from France

Three more Rafale fighter aircraft landed in India from France, with Indian specific enhancements. With this new arrival of the three jets, the total Rafale fleet with Indian Air Force (IAF) has reached 35.
The 36th and final aircraft will arrive in India from France by March- April 2022, and will be a trainer aircraft. In September 2016, India exchanged a Rs 59,000 crore deal with France for 36 Rafale fighter jets.
The first batch of five Rafale jets had arrived in India on July 29 last year. India and France had signed the inter-government agreement in 2016, under which Paris agreed to provide 36 Rafale fighter jets to New Delhi.

9. US Boeing delivers 12th P-8I maritime patrol aircraft to India

The Indian Navy has received the 12th anti-submarine warfare aircraft P-8I from the US-based aerospace company Boeing. This is the fourth of four additional aircraft, for which the contract was signed in 2016. The Ministry of Defence had signed a contract for eight P-8I aircraft in 2009. However, later in 2016, it signed a contract for four additional P-8I aircraft.
P-8I is a long-range maritime reconnaissance and Anti-Submarine Warfare Aircraft, and a variant of the P-8A Poseidon used by the US Navy. India was the first international customer of Boeing for this aircraft.
The Indian Navy inducted the first P-8I aircraft in 2013. The P-8I aircraft is a variant of the P-8A Poseidon aircraft that Boeing developed as a replacement for the US Navy’s ageing P-3 fleet.

Important takeaways for all competitive exams:

Chief of Naval Staff: Admiral R Hari Kumar;
Indian Navy Founded: 26 January 1950.

10. Army Chief MM Naravane presents President’s Colours to four parachute battalions

Chief of Army Staff General MM Naravane has presented Presidential Colours to four parachute battalions at Parachute Regiment Training Centre in Bengaluru. The four battalions are the 11 Para (Special Forces), 21 Para (Special Forces), 23 Para, and 29 Para battalions.
The award of President’s Colours or the ‘Nishan’ is one of the highest honours bestowed upon a military unit in recognition of its exceptional service to the nation, both during the war and in peace.
The Parachute Regiment is an elite force of the Indian Army and holds an impeccable record in battle, both before and after Independence. It has been conferred with 51 Battle Honours, one Victoria Cross, 28 Military Medals (MM), 11 Distinguished Service Orders (DSO), 40 Indian Distinguished Service Medals (IDSM) and 40 Military Cross (MC) up to independence.

11. Indian Navy’s multilateral exercise Milan 2022 kick-off

The latest edition of the Indian Navy’s multilateral exercise MILAN 2022 is commencing from 25 Feb 22 in the ‘City of Destiny’, Visakhapatnam.
MILAN 22 is being conducted over a duration of 9 days in two phases with the harbour phase scheduled from 25 to 28 February and Sea Phase from 01 to 04 March. India is celebrating the 75th year of its independence in 2022, and MILAN 22 provides an opportunity to commemorate this milestone with our friends and partners.
The theme of the MILAN 2022 exercise is ‘Camaraderie – Cohesion – Collaboration’ which aims to project India as a responsible maritime power to the world at large. The aim of the exercise is to hone operational skills, imbibe best practices and procedures, and enable doctrinal learning in the maritime domain, through professional interaction between friendly navies.

Schemes and Committees News

12. PM-Kisan 3rd Anniversary, transferred Rs 1.80 lakh to farmers accounts directly

About 11.78 crore farmers as of February 22, 2022, have been benefitted under the PM Kisan scheme.
The amount worth Rs1.82 lakh crore have been disbursed to eligible beneficiaries across India in various intervals. During the current Covid 19 epidemic period, Rs. 1.29 lakh crore has been released.
PM-KISAN is a centre sectored scheme which was launched on 24^th February 2019 to substitute monetary needs of landholding farmers. The monetary benefit of Rs 6000/- per year in three equal instalments, every four-month, 3 times a year, it is transferred into the bank accounts of the families of the farmers across the country through Direct Benefit Transfer or DBT mode.
The scheme was in the starting meant for small and marginal farmers having landholding upto 2 hectares but then the scope of the scheme was extended to cover all landholding farmers with effect from 01.06.2019.

Summits and Conferences News

13. G Kishan Reddy inaugurate a conference on Indian temple architecture ‘Devayatanam’

Archaeological Survey of India (ASI) of Ministry of Culture, Government of India is organizing a two-day international conference ‘Devayatanam – An odyssey of Indian temple architecture on 25th – 26th February 2022 at Hampi, Karnataka.
The Union Minister for Culture, Tourism and DoNER, G Kishan Reddy inaugurates the conference. The conference aims to deliberate upon the philosophical, religious, social, economic, technical, scientific, art and architectural aspects of the temple.
It also intends to initiate a dialogue on the evolution and development of the various styles of temple architecture such as the Nagara, Vesara, Dravida, Kalinga and others.

Science and Technology News

14. IBM unveiled new Cybersecurity Hub in Bengaluru to address cyberattack

International Business Machines Corp. (IBM) has launched a cybersecurity hub in Bengaluru to address the concerns of its clients across the Asia Pacific (APAC) region. The multi-million dollar IBM Security Command Center will be located at the IBM office in Bengaluru in Karnataka. It is the first of its kind facility in the region.
The IBM global analysis report for 2022 states that Asia emerged as the top-most targeted region for cyberattacks, representing 26% of attacks analyzed in 2021.
This cybersecurity hub will deliver training in cybersecurity response techniques, to organisations of all types, through highly realistic, simulated cyberattacks, to prepare everyone, ranging from C-Suite to technical staff.
The new cyber security hub is one of the only two such centres of IBM globally. The other one is located in the US.

Important takeaways for all competitive exams:

IBM CEO: Arvind Krishna;
IBM Headquarters: New York, United States;
IBM Founder: Charles Ranlett Flint;
IBM Founded: 16 June 1911.

Books and Authors News

15. A book title ‘The Great Tech Game’ penned by Anirudh Suri

Indian author, Anirudh Suri has come out with his new book titled “The Great Tech Game: Shaping Geopolitics and the Destinies of Nations.’ It has been published by HarperCollins India. In this book, the author lays out a roadmap for how any country must develop its own strategic plan to succeed in this technology-dominant era.
In this book, the author provides a coherent framework outlining the key drivers that will determine the ability of a nation to succeed in this technology-dominant era. He lays out a roadmap for how any country must develop its own strategic plan for success.
Leaders must develop a new set of capabilities to understand and take advantage of these trends and create enabling environments for their nations to not be left behind. A particularly challenging aspect will be the ability of countries to define and manage the roles of state and non-state actors in a global race for technological leadership and success.

Miscellaneous News

16. SPMCIL Delhi headquarters declared a prohibited place

Home Ministry has declared Delhi headquarters of Security Printing and Minting Corporation of India Ltd. (SPMCIL) as a ‘prohibited place’ under Section 2 of the Official Secrets Act, 1923.
This prevents the entry of unauthorized persons into it. It is the only currency and banknotes manufacturer of India, that printed new series of notes of denomination Rs 2,000 and Rs 500 in 2016. The nine production units of SPMCIL, where banknotes and other government papers are manufactured, are already prohibited places.
Only the Delhi headquarters where crucial decisions are taken and important files are generated was not under the purview. Through the recent order, even the Delhi office has been declared a prohibited place. The nine production units are four India Government Mints, two Currency Note Presses.

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25th February | Current Affairs 2022 | Current Affairs Today | Current Affairs

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