29th October Daily Current Affairs 2022: Today GK Updates for Bank Exam

Table of Contents

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 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 29th October 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 29th October 2022 covering the following news headlines: International Internet Day, Saturn Awards 2022, SIMBEX 2022, Garuda VII, Viswas Swaroopam, Terai Elephant Reserve.

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. New IIFT campus inaugurated by Nirmala Sitharaman in Kakinada, Andhra Pradesh

New IIFT campus inaugurated: Nirmala Sitharaman, the nation’s finance minister, officially opened the third campus of the Indian Institute of Foreign Trade (IIFT) at the Jawaharlal Nehru Technological University (JNTU) -K campus in Kakinada.
For the construction of the IIFT permanent campus, the state government has allocated 25 acres of land at U. Kothapalli Mandal, which is close to the sea coast in the Kakinada Special Economic Zone (KSEZ).

States News

2. Kerala tourism department launched ‘women-friendly tourism’ project

The Kerala state tourism department has launched a ‘Women-Friendly Tourism’ project to ensure safe and hygienic destinations for women.
The all-women tour packages, which include food, accommodation, transportation and community guides, will be controlled and operated by women.
Launching the state Responsible Tourism (RT) Mission’s initiative, Tourism Minister Mohamed Riyas said Kerala already enjoys the reputation as the safest destination for women tourists.

Important Takeaways for All Competitive Exams:

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

3. Centre approves Terai Elephant Reserve in Uttar Pradesh

The Centre has approved the setting up of the Terai Elephant Reserve (TER) at Dudhwa-Pilibhit in Uttar Pradesh. The Terai Elephant Reserve is the 3rd Elephant Reserve in India which is spread over 3,049 sq km. The Terai Elephant Reserve includes protected areas, forest areas, and corridors for the conservation of wild elephants.
The Terai Elephant Reserve will be developed in the joint forest areas of Dudhwa and Piliphit tiger reserve. This will cover the conservation of four wild species including tiger, Asian elephant, swamp deer, and one-horned rhinoceros.

4. Viswas Swaroopam, a Shiva statue, installed in the Rajasthani town, Nathdwara

Shiva statue installed in Nathdwara: On October 29, a 369-foot-tall Shiva statue called “Viswas Swaroopam” that has been built in Nathdwara, Rajasthan’s Rajsamand district, will be dedicated.
In the presence of Chief Minister Ashok Gehlot, Assembly Speaker CP Joshi, and others, preacher Morari Bapu will officially unveil Viswas Swaroopam, what is said to be the highest Shiva statue in the entire world.
The Viswas Swaroopam monument, which is positioned on a mountaintop over a region of 51 bighas and is designed in a meditative pose, is believed to be visible from 20 kilometres away.

Appointments News

5. Spiritual leader Mata Amritanandamayi appointed as Chair of C20

Spiritual leader Mata, Amritanandamayi Devi (Amma) has been appointed the Chair of the country’s Civil 20 (C20), an official engagement group of the Group of 20 (G20), by the union government.
The G20 is the premier inter-governmental forum for the world’s developed and emerging economies to address financial stability on a global basis. The C20 is its platform for civil society organisations (CSOs) to bring forth non-government and non-business voices to the G20 leaders.
India will assume the Presidency of the G20 for one year from December 1, 2022 to November 30, 2023. The pinnacle of events is September 9-10, 2023 when the G20 Leaders’ Summit will take place in New Delhi at the level of Heads of State and Government.

Business News

6. Shiprocket Becomes first Inter-City Logistics Provider to Join ONDC Network

Shiprocket is the first inter-city logistics provider to plug into the ONDC network, enabling sellers from all segments to ship products to cities and towns across India. Shiprocket, a shipping and logistics solutions provider, has gone live on the government’s Open Network for Digital Commerce (ONDC) and made its first successful transaction on October 22.
Shiprocket said it is the first inter-city logistics provider to plug into the ONDC network, enabling sellers from all segments to ship products to cities and towns across India. “We are really excited to partner with ONDC as the first inter-city logistics provider to enable sellers from all segments to ship products to cities and towns across India.

7. Dabur acquires 51% stake in Badshah Masala for Rs 587.52 crore

Dabur India to acquire 51 percent stake in Badshah Masala in a Rs 587.52 crore deal. Dabur India marks its entry into the fast-growing spices and seasoning category. The company signed definitive transaction agreements to acquire 51 percent shareholding of Badshah Masala Pvt Ltd.
Badshah Masala Pvt Ltd is a firm engaged in manufacturing, marketing, and export of ground spices, blended spices, and seasoning. The acquisition is in line with the company’s strategic intent of entering into new adjacent categories in the food space.

Economy News

8. India’s forex reserves hit a new low, RBI forced to spend $118 billion to defend INR

India’s forex reserves hit a new low: For the week ending October 14, India’s foreign exchange reserves (Forex Reserves) further declined to a level not seen in more than two years as the country’s central bank, Reserve Bank of India (RBI) continued to defend the rupee’s decline while disregarding the serious threat posed by dwindling foreign exchange reserves.
According to information made public by the Reserve Bank of India, the third largest economy in Asia’s foreign exchange reserves decreased by $3.85 billion to $524.52 billion for the week ending October 21.

Defence News

9. Garuda VII air exercise, jointly conducted by France and India

Garuda VII air exercise: At Air Force Station Jodhpur, the Indian Air Force (IAF) and the French Air and Space Force (FASF) are taking part in the bilateral exercise “Garuda VII” from October 26 to November 12, 2022. FASF is taking part in this exercise with a troop of 220 people, one A-330 Multi Role Tanker Transport (MRTT) aircraft, and four Rafale fighter aircraft.
The IAF is taking part with fighter aircraft including the Su-30 MKI, Rafale, LCA Tejas, and Jaguar as well as helicopters like the Light Combat Helicopter (LCH) and Mi-17.
Combat enabling assets including AWACS, AEW & C, and flight refuelling aircraft will also be part of the IAF contingent.

Important Takeaways For All Competitive Exams:

Major General of the Air and Space Force: General Stephane Mille
Chief of Air Staff, India: Air Chief Marshal Vivek Ram Chaudhari

10. SIMBEX 2022 maritime exercise between Singapore and India

SIMBEX 2022 maritime exercise: From October 26 to October 30, 2022, Visakhapatnam will play home to the 29th Singapore-India Maritime Bilateral Exercise (SIMBEX). The two phases of SIMBEX-2022 are the Harbour Phase at Visakhapatnam and the Sea Phase in the Bay of Bengal.
On October 25, 2022, RSS Stalwart (a Formidable Class Frigate) and RSS Vigilance (a Victory Class Corvette), two ships from the Republic of Singapore Navy, arrived at Visakhapatnam to take part in the exercise.

Important Takeaways For All Competitive Exams:

Flag Officer Commanding-in-Chief, Eastern Naval Command: Vice Admiral Biswajit Dasgupta
Flag Officer Commanding Eastern Fleet: Rear Admiral Sanjay Bhalla
Fleet Commander, Republic of Singapore Navy: Rear Admiral Sean Wat Jianwen

11. India to Hold Mega ‘Yudh Abhyas’ Military Drill With US Near China Border

Indian and US militaries to conduct the battalion-level “Yudh Abhyas” exercise between 15th November 2022 to 2nd December 2022. The Yudh Abhyas will be held at Auli in Uttarakhand which from just 100 km from the Line of Actual Control (LAC).
The member countries of the “Quad” will conduct the Malabar exercise off Yokosuka in Japan between 8th November 2022 to 18th November 2022. The “Quad” member countries include India, Australia, Japan, and the US. The Quad has declared that it would “deter” any “coercion” in the Indo-Pacific. “Yudh Abhyas” will include high-altitude warfare drills.
The “Vajra Prahar” involved the special forces of the two countries.
India to conduct the “Autra-Hind” infantry combat exercise at the Mahajan range in Rajasthan between 28th November 2022 to 11 December 2022.

Ranks and Reports News

12. WHO Releases First-Ever List of Fungal Infection, Flags Global Health Threat

The World Health Organisation (WHO) released the first-ever list of fungal infections — “priority pathogens”. The fungal priority pathogens list (FPPL) includes 19 fungi that represent the greatest threat to human health. The UN body warned that some strains are increasingly drug-resistant and are growing at an alarming rate.
The invasive forms of these fungal infections can affect people who are severely ill and who have significant underlying immune system-related conditions. Besides this, those with cancer, HIV/AIDS, organ transplants, chronic respiratory disease, and post-primary tuberculosis infection are at greater risk of invasive fungal infections.

13. India’s Per Capita Greenhouse Gas Emissions Below World Average: UNEP

At 2.4 tCO2e (tonne carbon dioxide equivalent), India’s per capita greenhouse gas emissions were far below the world average of 6.3 tCO2e in 2020, according to a new report released by the United Nations Environment Programme October 27.
The “Emissions Gap Report 2022: The Closing Window”, released ahead of the UN Climate Change conference (COP27) in Egypt next month, also said the international community is still falling far short of the Paris goals, with no credible pathway to limiting global temperature rise to 1.5 degree Celsius in place.
To address climate change, countries adopted the Paris Agreement in 2015 to limit global temperature rise in this century to well below 2 degrees Celsius, preferably to 1.5 degrees Celsius, compared to pre-industrial levels.

Science and Technology News

14. Indian scientists develop first indigenous Overhauser Magnetometer

Indian scientists developed an indigenous Overhauser Magnetometer, one of the most accurate Magnetometers extensively used in all magnetic observatories around the world. The Overhauser Magnetometer will make way for reducing the cost of sampling, according to the Ministry of Science & Technology.
The sensor installed at Alibag Magnetic Observatory (MO) can reduce dependence of India on commercial OVH Magnetometers for performing geomagnetic field measurements.
OVH Magnetometers are known for their higher accuracy, higher sensitivity, and efficient power consumption.
The Indian Institute of Geomagnetism (IIG), an autonomous research institution under DST, has developed the Magnetometers.
A team from IIG’s instrumentation division used various spectroscopic tools and theoretical simulations to understand the working.

Awards News

15. RRR won best International Film at Saturn Awards 2022

The ace filmmaker SS Rajamouli’s, which recently hit the screens in Japan, has won its first major international honour.
The biggie won the ‘Best International Film’ honour at the Saturn Awards 2022, which were held in Los Angeles. RRR is a period drama which features Jr NTR and Ram Charan as the parallel leads.
RRR, which grossed nearly Rs 1,200 crore at the worldwide box office, has bagged its first major international honour. RRR was also nominated in the best film direction and best action/adventure film categories. In the first, SS Rajamouli lost out to Matt Reeves, who won the award for The Batman.

Books and Authors News

16. “Delhi University – Celebrating 100 Glorious Years” authored by Hardeep Singh Puri

Minister of Petroleum and Natural Gas & Housing and Urban Affairs, Government of India(GOI), Hardeep Singh Puri has authored a new book titled “DELHI UNIVERSITY: Celebrating 100 Glorious Years”.
The Book is Published by Rupa Publications India. Amitabh Bachchan, Indian Actor, has written the foreword of the book. This Book Highlights the viewpoints of Universities most distinguished alumni and faculty of 15 contributors.
Delhi University: Celebrating 100 Glorious Years is an eclectic collection of personal narratives and reflections of some of the University’s most distinguished alumni and faculty—Amitabh Bachchan, Kiren Rijiju, Dinesh Singh, Meenakshi Gopinath, Shashi Tharoor, Bibek Debroy, Imtiaz Ali, Raian Karanjawala, Sanjeev Sanyal, Arnab Goswami, Dhananjaya Y. Chandrachud, Lakshmi Puri, Namita Gokhale and Vijay Shekhar Sharma.

Important Days

17. World Psoriasis Day is Observed On 29 October

World Psoriasis Day is observed every year on October 29th to make the general public aware of the important facts related to psoriasis and this disease and its treatment. In the year 2022, World Psoriasis Day is being observed with the theme of “Unloading Psoriatic Disease”.
Psoriasis is a serious abnormal skin condition in which red and white scaly patches start developing on the patient’s skin. These spots usually appear on the elbows, knees, scalp or lower back. These spots can sometimes be itchy or painful. At the same time, as the problem progresses, they may also feel burning sensations or swelling.
The first World Psoriasis Day was observed in 2004. In the year 2014, The World Health Organization’s member nations declared October 29th to be the official day to highlight Psoriasis after realising the value of raising awareness of this particular condition.

Important takeaways for all competitive exams:

President of International Federation of Psoriasis Associations: Hoseah Waweru.
International Federation of Psoriasis Associations Founded: 1971.
International Federation of Psoriasis Associations Headquarters: Sweden.

18. International Internet Day is celebrates on 29 October

International Internet Day is celebrated on October 29 every year across the world to celebrate the usage of the internet for the first time. The day marks the sending of the first electronic message which was transferred from one computer to another in 1969. At that time the Internet was known as ARPANET (Advanced Research Projects Agency Network).
The Internet provides instant access to information. The internet is defined as a remote connection between two computers. The first internet connection was made on October 29th, 1969.
This was just two months after Neil Armstrong landed on the moon. To commemorate the event, International Internet Day was celebrated for the first time on October 29th, 2005. International Internet Day is promoted by the Association of Internet Users.

Obituaries News

19. Veteran Assamese actor Nipon Goswami passes away

Veteran Assamese actor, Nipon Goswami passed away recently. He was born in Assam’s Tezpur town. He was an alumnus of the prestigious Film and Television Institute of India. He debuted in the Assamese cinema as a child artist in 1957.
The octogenarian worked in a number of Assamese films and was a very popular face. Besides the silver screen, Goswami was also active in mobile theatres, advertisement commercials, and TV soaps.