18 August 2022 : Latest Current Affairs 18th August
Important Current Affairs 18th August 2022
In this article, we will discuss all the Current Affairs of 18th August about national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 18th August 2022 current affairs then read this article till the end.
Current Affairs of 18th August – National News
1. The ‘Panch Pran’ target for the next 25 years was proclaimed by PM Modi.
◉ On August 15, 2022, Prime Minister Narendra Modi addressed the country for the ninth time straight from the Red Fort.
◉ In his 88-minute speech, Prime Minister Modi laid out his “Panch Pran Targets” (Five Resolves) to transform India into a developed nation by the time it marks its 100th Independence Day in 25 years. The Panch Pran Goal was brought up by the prime minister.
2. Mumbai saw the introduction of India’s first electric double-decker bus.
◉ Nitin Gadkari, the Union Minister for Road, Transport, and Highways debuted India’s first electric double-decker bus in Mumbai.
◉ The Brihanmumbai Electric Supply and Transport will add two new electric buses to its fleet, including the first air-conditioned double-decker bus in the nation (BEST).
◉ At a ceremony held at NCPA in south Mumbai, two new buses—a double-decker air-conditioned bus and a single-decker electric bus for an app-based premium bus service—were introduced.
3. Kerala introduced the Lucky Bill app to prevent GST avoidance.
◉ To combat Goods and Service Tax (GST) avoidance, the Keralan government introduced the “Lucky Bill Software” app.
◉ Pinarayi Vijayan, the chief minister, introduced the app.
◉ Goal: To persuade people to request a bill each time they make a purchase.
◉ To win prizes, including a cash prize of Rs 25 lakh, consumers must present the actual receipts for their purchases.
◉ Additionally, the app will provide prizes like gift baskets from Kudumbashree and Vanashree and KTDC vacation packages.
4. Arvind Kejriwal, the mayor of Delhi, began the “Make India No. 1” program.
◉ Arvind Kejriwal, the chief minister of Delhi, has started the “Make India No. 1” initiative to elevate India to the top spot in the global rankings.
◉ The Talkatora Stadium in Delhi served as the launch site for this expedition.
◉ He exhorted every citizen to join this mission and make India the best country in the world during the event.
5. Arunachal Pradesh launches the first pilot project under the motto “Medicine from the Sky.”
◉ Pema Khandu, the chief minister of Arunachal Pradesh, launched the “Medicine from the Sky” pilot initiative. A component of Prime Minister Narendra Modi’s Azadi ka Amrit Mahotsav is “medicine from the sky.”
◉ In the East Kameng neighborhood, a successful flight was made from Seppa to Chaoyang Tajo. As part of Prime Minister Narendra Modi’s plan to modernize India’s healthcare system, this pilot project was created.
International News
6. Alkesh Kumar Sharma, the IT secretary for India, was appointed to a high-level UN internet council.
◉ Alkesh Kumar Sharma, India’s secretary for electronics and information technology, has been invited to join a group of distinguished experts on internet governance by UN Secretary-General Antonio Guterres.
◉ The Internet Governance Forum (IGF) Leadership Panel, which consists of ten people, now includes Internet pioneer Vint Cerf and Nobel Prize-winning journalist Maria Reesa.
Banking
7. A new deposit program was developed by the Bank of Baroda.
◉ The “Baroda Tiranga Deposit Scheme,” a unique retail term deposit product, was introduced by the Bank of Baroda (BoB). It offers interest rates of 5.75% for 444 days and 6% for 555 days.
◉ This program is available for retail deposits under 2 crore rupees and is in effect till December 31, 2022.
◉ Seniors will receive an additional interest rate of 0.50%, while non-callable deposits will receive an additional interest rate of 0.15%.
8. KBL Amrit Samriddhi, a new term deposit program from Karnataka Bank, was introduced.
◉ A new 75-week term fixed deposit program called KBL Amrit Samriddhi has been introduced by Karnataka Bank under the umbrella of ACCs (525 days).
◉ This deposit scheme’s interest rate is 6.10% yearly.
◉ The bank has given consumers access to the benefit of an increase in interest rates through the new product, KBL Amrit Samriddhi.
9. A new deposit program was developed by the Bank of Baroda.
◉ The “Baroda Tiranga Deposit Scheme,” a unique retail term deposit product, was introduced by the Bank of Baroda (BoB). It offers interest rates of 5.75% for 444 days and 6% for 555 days.
◉ This program is available for retail deposits under 2 crore rupees and is in effect till December 31, 2022.
◉ Seniors will receive an additional interest rate of 0.50%, while non-callable deposits will receive an additional interest rate of 0.15%.
Appointment
10. Simon Stiell is appointed as the UNFCCC’s executive secretary.
◉ Former Grenadan environment minister Simon Stiell has been named the next executive secretary of the United Nations Framework Convention on Climate Change by Secretary-General of the United Nations Antonio Guterres (UNFCCC).
◉ He will take the place of Mexico’s Patricia Espinosa.
◉ Work: Maintaining national progress toward achieving global climate goals.
11. Anuj Poddar is promoted by Bajaj Electricals to MD and CEO.
◉ Anuj Poddar, an executive director at Bajaj Electricals, a division of the commercial conglomerate Bajaj Group, has been promoted to managing director and chief executive officer (CEO).
◉ The position of Chairman and Managing Director has been separated by the company, and its patron Shekhar Bajaj will remain as Executive Chairman.
◉ The separation of the chairman and managing director roles continues the company’s professionalization of management and demonstrates its commitment to high standards of corporate governance.
12. In order to promote digital payments in India, MasterCard teamed up with badminton stars.
◉ To promote digital payments in India, Lakshya Sen, Kidambi Srikanth, Satwiksairaj Rankireddy, and Chirag Shetty have been appointed as MasterCard brand ambassadors.
to raise awareness of the simplicity, safety, and security of digital payments in India.
◉ The efforts of the Reserve Bank of India (RBI) and PM Modi’s vision of a digital India will be strengthened by this relationship.
◉ Shiv Kapoor and Anirban Lahiri were also appointed brand ambassadors by the company in 2021.
Defence News
13. During the unveiling ceremony for key defence and strategic systems conducted in Delhi, India’s Defence Minister, Rajnath Singh, presented the Indian Army with the eagerly anticipated Future Infantry Soldier as a System (F-INSAS).
◉ The AK-203 assault rifle, which is a Russian-made gas-operated, magazine-fed, select-fire assault rifle, is a part of the F-complete INSAS’s arsenal.
◉ A ballistic helmet, ballistic goggles, bulletproof vest, elbow pads, and knee pads have all been included in the system to increase the infantry soldier’s chance of survival. A cutting-edge target acquisition and communication system is also part of F-INSAS.
14. India presents Sri Lanka with a Dornier Maritime Reconnaissance Aircraft.
◉ On August 15, India presented Sri Lanka with a Dornier maritime reconnaissance aircraft. This gift will help the island nation better combat problems like smuggling, organized crime, and human and drug trafficking in its coastal seas.
◉ The magnificent handover ceremony took place on a day when India celebrated its 76th Independence Day and a day before a high-tech Chinese missile and satellite surveillance ship landed at the island nation’s vital Hambantota port. Sri Lankan President Ranil Wickremesinghe was present.
Science
15. Moon rocket from NASA moved to the launch pad for an initial test flight
◉ NASA, the American space agency, has shown its enormous new Moon rocket. The Space Launch System (SLS) rocket and Orion spacecraft were transported to Pad 39B at the Kennedy Space Center in Florida in preparation for the launch scheduled for August 29.
◉ The over 100m (328ft) tall SLS was transported to the pad by a massive tractor. The Artemis mission, which will send people back to the Moon this time with intentions for a longer stay on the surface, will make use of the SLS.
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