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Current Affairs January 23rd & 24th 2022| Current Affairs News

Dear Readers, Daily Current Affairs News Updates about the National and International events were listed here. Read Current Affairs Today here and stay updated with current news. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this and try the Current Affairs Quiz to test your knowledge level.

CURRENT AFFAIRS: NATIONAL NEWS

Netaji Subhas Chandra Bose’s grand statue to be installed at India Gate:

NITI Aayog, Rocky Mountain Institute (RMI) and RMI India release ‘Banking on Electric Vehicles in India:

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CURRENT AFFAIRS: INTERNATIONAL NEWS

Bangladesh to make Unique Business ID mandatory for e-commerce entities:

Indonesia replaces sinking Jakarta with new capital city Nusantara:

CURRENT AFFAIRS: BUSSINESS NEWS

Microsoft to buy gaming giant Activision Blizzard for $69 bn:

CURRENT AFFAIRS: BANKING AND ECONOMY

RBI: Digital payments up 39.6% in Sept 2021:

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CURRENT AFFAIRS: AWARDS AND HONOUR

Oxford University Press declares ‘Anxiety’ as Children’s Word of the Year 2021:

Pfizer CEO Albert Bourla wins $1 million Genesis Prize for COVID-19 vaccine development:

Oscar 2022: Suriya’s Tamil socio-drama ‘Jai Bhim’ nominated for Best Featured Film:

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

Barbados PM Mia Mottley sworn in after 2nd consecutive elections                                

About Mia Amor Mottley :

About Barbados :

RBI approves former CAG Vinod Rai’s appointment as independent chairman of Unity SFB

About Vinod Rai :

About RBI :

About Unity SFB :

About SFB :

Aim :

CURRENT AFFAIRS : APPS & SERVICES

Himachal Pradesh CM Jai Ram Thakur launches Apna Kangra App from Dharamsala

Purpose :

About the ‘Apna Kangra’ app :

About Himachal Pradesh :

CURRENT AFFAIRS : SUMMITS & CONFERENCES

First BRICS Sherpas meeting of 2022 held on 18-19 Jan under Chinese chairship                             

CURRENT AFFAIRS : RANKING & INDEX

PM Modi tops list of most popular world leaders with 71 percent rating

Most popular leader in the world 2022:

Country Leaders
India Narendra Modi – 71%
Mexico López Obrador – 66%
Italy Mario Draghi- 60%
Japan Fumio Kishida – 48%
Germany Olaf Scholz – 44%
United States Joe Biden – 43%
Canada Justin Trudeau – 43%
Australia Scott Morrison – 41%
Spain  Pedro Sánchez – 40%
South Korea Moon Jae-in – 38%
Brazil Jair Bolsonaro – 37%
France Emmanuel Macron – 34%
UK Boris Johnson – 26%

Note :

CURRENT AFFAIRS : SPORTS NEWS

ICC Test Team of the Year 2021: Rohit Sharma, Rishabh Pant, R Ashwin named

ICC Men’s Test Team of the Year 2021 :

  1. Dimuth Karunaratne (Sri Lanka)
  2. Rohit Sharma (India)
  3. Marnus Labuschagne (Australia)
  4. Joe Root (England)
  5. Kane Williamson (captain) (New Zealand)
  6. Fawad Alam (Pakistan)
  7. Rishabh Pant (wicketkeeper) (India)
  8. Ravichandran Ashwin (India)
  9. Kyle Jamieson (New Zealand)
  10. Hasan Ali (Pakistan)
  11. Shaheen Afridi (Pakistan)

About ICC :

Pakistan’s Babar Azam Named Captain of ICC Men’s ODI Team of Year 2021        

 ICC Men’s T20I team of the year for 2021

  1. Jos Buttler (England)
  2. Mohammad Rizwan (wicketkeeper) (Pakistan)
  3. Babar Azam (captain) (Pakistan)
  4. Aiden Markram (South Africa)
  5. Mitchell Marsh (Australia)
  6. David Miller (South Africa)
  7. Tabraiz Shamsi (South Africa)
  8. Josh Hazlewood (Australia)
  9. Wanindu Hasaranga (Sri Lanka)
  10. Mustafizur Rahman (Bangladesh)
  11. Shaheen Afridi (Pakistan)

ICC Women’s T20I Team of the Year for 2021 :

  1. Smriti Mandhana (India)
  2. Tammy Beaumont (England)
  3. Danni Wyatt (England)
  4. Gaby Lewis (Ireland)
  5. Nat Sciver (captain) (England)
  6. Amy Jones (wicketkeeper) (England)
  7. Laura Wolvaardt (South Africa)
  8. Marizanne Kapp (South Africa)
  9. Sophie Ecclestone (England)
  10. Loryn Phiri (Zimbabwe)
  11. Shabnim Ismail (South Africa)

ICC Women’s ODI Team of the Year 2021 includes Mithali Raj, Jhulan Goswami

CURRENT AFFAIRS : OBITUARIES

World’s oldest living man, Saturnino de la Fuente, passes away

About Saturnino de la Fuente :

Note :

UNION GOVERNMENT SCHEME

Sovereign gold bond scheme

Launched on:

Sovereign Gold Bond Scheme was launched by Govt in November 2015, under Gold Monetisation Scheme. Under the scheme, the issues are made open for subscription in tranches by RBI in consultation with GOI.

SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity.

Regulated by :

To be issued by Reserve Bank India on behalf of the Government of India.

The Bonds will be denominated in multiples of gram(s) of gold with a basic unit of 1 gram.

Objectives:

The government launched the sovereign gold bond scheme in November 2015 with an objective to reduce the demand for physical gold and shift a part of the domestic savings, used for the purchase of gold, into financial savings.

Investors in these bonds have the option of holding them in physical or dematerialised form.

Eligibility :

Persons resident in India as defined under Foreign Exchange Management Act, 1999 are eligible to invest in SGB. Eligible investors include individuals, HUFs, trusts, universities and charitable institutions. Individual investors with subsequent change in residential status from resident to non-resident may continue to hold SGB till early redemption/maturity.

joint holding is allowed.

Minor can invest in SGB. The application on behalf of the minor has to be made by his/her guardian.

Every application must be accompanied by the ‘PAN Number’ issued by the Income Tax Department to the investor(s)

Advantages of the scheme:

Hassle free: Ownership of gold without any physical possession (No risks and no cost of storage)

Tax treatment: The capital gains tax arising on redemption of SGB to an individual has been exempted. The indexation benefits will be provided to long term capital gains arising to any person on transfer of bond.

Tradability: Bonds will be tradable on stock exchanges within a fortnight of the issuance on a date as notified by the RBI.

Transferability: Bonds shall be transferable by execution of an Instrument of transfer in accordance with the provisions of the Government Securities Act.

Benefits :

The quantity of gold for which the investor pays is protected, since he receives the ongoing market price at the time of redemption/ premature redemption.

The SGB offers a superior alternative to holding gold in physical form.

The risks and costs of storage are eliminated. Investors are assured of the market value of gold at the time of maturity and periodical interest.

SGB is free from issues like making charges and purity in the case of gold in jewellery form.

The bonds are held in the books of the RBI or in demat form eliminating risk of loss of scrip etc.

Challenges :

There may be a risk of capital loss if the market price of gold declines.

However, the investor does not lose in terms of the units of gold which he has paid for.

Minimum and maximum limit for investment:

The Bonds are issued in denominations of one gram of gold and in multiples thereof. Minimum investment in the Bond shall be one gram with a maximum limit of subscription of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF) and 20 kg for trusts and similar entities notified by the government from time to time per fiscal year (April – March). In case of joint holding, the limit applies to the first applicant.

The annual ceiling will include bonds subscribed under different tranches during initial issuance by Government and those purchased from the secondary market. The ceiling on investment will not include the holdings as collateral by banks and other Financial Institutions.

Authorized agencies selling the SGB:

Bonds are sold through offices or branches of Nationalised Banks, Scheduled Private Banks, Scheduled Foreign Banks, designated Post Offices, Stock Holding Corporation of India Ltd. (SHCIL) and the authorised stock exchanges either directly or through their agents.

Daily CA On Jan 23rd & 24th: