Daily Current Affairs 15 September 2022 for Banking/Insurance/SSC and other related exams.
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NATIONAL NEWS
Amity University Uttar Pradesh signs an MoU with The Indian Navy
Amity University Uttar Pradesh signed an MoU with The Indian Navy, to establish a long-term symbiotic relationship for Academic Cooperation.
- This is a welfare measure for Naval Defence Forces to enhance their educational qualifications, thereby improving the prospects for ‘in service’ appropriate nautical assignments and better placements on superannuation from the Indian Navy.
- The MoU was signed to establish an academic link between the Indian Navy and Amity University. As per the provisions of the MoU, Amity University will conduct customized courses for the Indian Navy in niche domains such as 5G Technology and IoT, Control System Integration, AI, Blockchain, Machine Learning, Cryptology, Data Science, Big Data Analysis, Digital Marketing, Computer Networks, Anti Drone Warfare, Cyberwarfare Security, Automation, Surveillance, and Tracking etc.
New Telangana Secretariat complex to be named after B.R. Ambedkar
The Telangana government has decided to name the new Secretariat complex under construction after the father of Constitution B.R. Ambedkar.
- The move came after the Telangana legislative assembly unanimously passed a resolution urging the central government to name the new Parliament building in New Delhi after the chief architect of the Constitution.
- Construction of the new integrated Secretariat complex has been progressing at a fast pace with the target of getting it ready by the upcoming festival of Dasara.
ICAR launches Kritagya 3.0 national level hackathon to promote speed breeding for crop improvement
The Indian Council of Agricultural Research (ICAR) is hosting Hackathon 3.0 “KRITAGYA” to promote “speed breeding for crop improvement” in association with its National Agricultural Higher Education Project and Crop Science Division.
- This initiative aims to help the crop sector achieve the desired immediate results by fostering employability, entrepreneurship, innovation, and problem-solving skills. Additionally, it will encourage the nation to adopt more technologically advanced solutions.
- The applicants are required to present potential solutions to very specific problems with crop improvement, for instance, less expensive and more efficient materials for rapid generation advancement facilities, accurate and convenient diagnostic tools for illnesses, insect pests, produce quality, digital breeding platforms, and other difficulties with varieties, seeds encountered nearby the applicant, specific area or state.
UP tops chart among states in trials pending in fast-track courts
Uttar Pradesh accounts for more than 70 per cent of the 13.81 lakh pending trials in fast-track courts in cases of heinous crimes against women, children and senior citizens, according to data shared by Law Minister Kiren Rijiju with the chief justices of the high courts.
- According to the details shared with the chief justices of the high courts, more than 9.33 lakh cases are pending in the fast-track courts of Uttar Pradesh, followed by over 1.4 lakh cases in Maharashtra, 1.06 lakh cases in Tamil Nadu, 71,260 cases in West Bengal and 12,538 cases in Telangana.
- With more than 60,000 cases pending in the Fast-Track Special Courts (FTSC), Uttar Pradesh also tops the list of the states where trials in rape cases and matters under the Protection of Children from Sexual Offences (POCSO) Act are yet to be concluded.
IOM-UN Migration signs MOU with CII
The International Organization for Migration (IOM) and Confederation of Indian Industry (CII) inked an MoU to work together on strengthening the safe migration of Indian citizens.
- The main objective of this partnership is to create an opportunity for these two internationally reputed entities to collaborate on a range of initiatives related to the safe, orderly, and regular migration of Indian skilled professionals and youth internationally.
INTERNATIONAL NEWS
UAE announces collaboration with China to land a rover on the Moon
China and the United Arab Emirates (UAE) have agreed to join hands to help further the latter’s space ambitions.The agreement marks the first joint space project between the two countries.
- The Mohammed Bin Rashid Space Centre (MBRSC) of the UAE and the China National Space Agency (CNSA) have signed a memorandum of understanding (MoU) to work together on the UAE’s moon missions.
- Its collaboration with China involves the “landing of an MBRSC rover aboard a CNSA lander.” Under the project, the UAE will develop a rover dubbed Rashid-2; China will help it with the landing, data transmission, observation, and control.
BANKING & FINANCE
IDFC FIRST Bank, WhatsApp partner to enable FASTag recharge
IDFC FIRST Bank announced the launch of its integration with ‘payments on WhatsApp’ to enable simple and secure FASTags recharge for the Bank’s customers.
- This partnership means IDFC FIRST customers will be able to recharge their FASTags right within IDFC FIRST’s WhatsApp chatbot and complete the transaction from within the chat thread.
- IDFC FIRST Bank customers can get started by just sending ‘Hi’ to the Bank’s official WhatsApp chatbot number at +919555555555.
Singapore central bank, India’s IFSCA to pursue cross-border FinTech innovations
The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) signed a FinTech Co-operation Agreement to facilitate regulatory collaboration and partnership in FinTech technology.
- The agreement is expected to leverage existing regulatory sandboxes in their respective jurisdictions to support experimentation of technology innovations.
- It will include referral of companies to each other’s regulatory sandboxes and enable innovative cross-border experiments in both jurisdictions.
BUSINESS & ECONOMY
Saudi beats Russia to become India’s second-largest oil supplier in August
Saudi Arabia has overtaken Russia to become India’s second-biggest oil supplier in August after a three-month hiatus while Iraq continued to hold the top spot.
- Reuters quoting data said that India imported 863,950 barrels per day (bpd) from Saudi Arabia, up 4.8% from the previous month, while purchases from Russia declined to 855,950 bpd.
- India’s monthly oil imports from Russia have been falling after reaching a record in June as Moscow reduced discounts granted on its oil.
ENVIRONMENT
Super typhoon Nanmadol bears down on Japan’s Kyushu island
Typhoon Nanmadol bore down on Japan’s southernmost main island of Kyushu with the Japan Meteorological Agency (JMA) warning of gales and high waves.
- The 14th typhoon of the season, which has weakened as it approaches Kyushu, is bringing record rainfall, the JMA said, warning of the risk of overflowing rivers.
- Southern Kyushu could receive 400 mm (16 inches) of rain over the next 24 hours and wind gusts of up to 235 km per hour (145 miles per hour), while the central Tokai region could get 300 mm (12 inches) of rain, the agency forecast.
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One thing I have actually noticed is that there are plenty of fallacies regarding the banking institutions intentions when talking about property foreclosures. One delusion in particular is always that the bank wishes to have your house. The bank wants your dollars, not your home. They want the amount of money they lent you with interest. Avoiding the bank will draw a foreclosed summary. Thanks for your posting.
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Thanks for the interesting things you have disclosed in your text. One thing I’d really like to touch upon is that FSBO associations are built after a while. By presenting yourself to the owners the first weekend their FSBO will be announced, prior to masses start calling on Wednesday, you produce a good relationship. By mailing them tools, educational components, free reviews, and forms, you become a good ally. Through a personal fascination with them plus their circumstance, you develop a solid relationship that, in many cases, pays off as soon as the owners opt with an agent they know as well as trust – preferably you.
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I have noticed that over the course of developing a relationship with real estate managers, you’ll be able to get them to understand that, in most real estate purchase, a commission amount is paid. Eventually, FSBO sellers really don’t “save” the commission rate. Rather, they try to earn the commission through doing a agent’s job. In this, they commit their money plus time to execute, as best they will, the responsibilities of an realtor. Those duties include getting known the home by means of marketing, offering the home to all buyers, constructing a sense of buyer desperation in order to induce an offer, making arrangement for home inspections, dealing with qualification assessments with the mortgage lender, supervising fixes, and assisting the closing.
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I have realized that over the course of building a relationship with real estate entrepreneurs, you’ll be able to come to understand that, in every single real estate exchange, a percentage is paid. Ultimately, FSBO sellers really don’t “save” the commission. Rather, they try to earn the commission by simply doing an agent’s occupation. In completing this task, they devote their money along with time to accomplish, as best they are able to, the assignments of an adviser. Those jobs include disclosing the home by marketing, offering the home to willing buyers, building a sense of buyer urgency in order to induce an offer, booking home inspections, controlling qualification inspections with the loan company, supervising fixes, and facilitating the closing of the deal.
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