Today Current Affairs | 12th Sep 2022-www.orsp.co.in

Solution:
The correct answer is HDFC Bank.

Key Points

• HDFC Bank has signed an MoU with the Institute of Economic Growth (IEG) to fund a
  chair to carry out independent research.
• It would be known as ‘HDFC Bank Chair of Banking and Finance’ and would be housed
  at the IEG campus, New Delhi.
• It will support IEG for this chair for over five years with a funding support of ₹6.75 crore,
  with effect from 1 September 2022.

Important Points

• The memorandum of understanding was signed in the presence of Atanu Chakraborty,
  chairman, HDFC Bank and Ramesh Chand, a member of the Niti Aayog and the
  chairman of IEG and other senior bank officials.
• IEG is widely recognized as a centre of excellence and one of India’s leading think
  tanks in the fields of economic and social development.
• IEG specialises in long-term research that encourages the faculty to develop deep
  expertise in an area.
• The HDFC Bank chair will carry out research in crucial and emerging aspects on
  banking and finance and hold periodic seminars for exchanging its findings and insights.

Additional Information
HDFC Bank:

• Headquarters – Mumbai.
• Founded In: August 1994.

Solution:
The correct answer is Lothal.

Key Points

• Ministry of Ports, Shipping and Waterways will build a National Maritime Heritage
  Complex (NMHC) at the site of the Indus Valley civilisation in Lothal, Gujarat.
• A first of its kind complex in India, this centre will showcase India’s rich and diverse
  maritime heritage.
• The foundation stone for the NMHC project was laid by PM Modi and the consent for
  the master plan was given in March 2019.

Important Points

• The project is planned to be completed in different phases.
• In phase 1A, a museum will be built with 5 galleries and a naval gallery on 35 acres of
  land at an investment of ₹774.23 crore.
• In the phase 1B, remaining portions of the museum will be built, including galleries,
  light house, 5D dome theatre, Bagicha Complex and other infrastructure.
• This phase is proposed to be developed under EPC mode.
• The phase 2 will consist of state pavilions, Lothal city, Maritime Institute including
  hostel, eco resorts, maritime & naval theme park, climate change theme park,
  monument theme park and adventure & amusement park.
• Components under this phase shall be executed under PPP mode.

Solution:
The correct answer is 36 lakh

Key Points

• The Reserve Bank has imposed penalties on three entities for non-compliance with
  regulatory norms.
• A penalty of Rs 36 lakh has been imposed on Industrial Bank of Korea for noncompliance with certain Know Your Customer (KYC) norms.
• A penalty of Rs 59.10 lakh has been imposed on Woori Bank.
• A fine of Rs 12.35 lakh has been slapped on Indiabulls Commercial Credit Limited.

Additional Information
RBI:

• Governor – Shaktikanta Das.
• Headquarters – Mumbai.
• Founded: 1 April 1935, Kolkata.
• The Bank publishes two statutory reports, the Annual Report of the Bank and the
  Report on Trend and Progress of Banking in India.
• It also publishes Financial Stability Report

Solution:
The correct answer is 1974.

Key Points

• PM Modi will inaugurate International Dairy Federation World Dairy Summit (IDF
  WDS) 2022, on 12 September 2022.
• It will be organised at India Expo Centre & Mart, Greater Noida.
• Around 1500 participants from 50 countries are expected to participate in the 4-day IDF
  WDS 2022.
• The last such Summit was held in India about half a century ago in 1974.

Important Points

• The four day long IDF WDS 2022 is a congregation of global and Indian dairy
  stakeholders including industry leaders, experts, farmers and policy planners
  centring around the theme of ‘Dairy for Nutrition and Livelihood’.
• The Indian dairy industry is unique in the sense that it is based on a cooperative model
  that empowers small and marginal dairy farmers, especially women.
• The success story of the Indian dairy industry, accounting for about 23% of global milk,
  producing around 210 million tonnes annually, and empowering more than 8 crore
  dairy farmers, will be showcased at the IDF WDS 2022

Solution:
The correct answer is Sunil Lanba.

Key Points

• Former India Chief of Naval Staff, Admiral Sunil Lanba was conferred Singapore’s
  prestigious military award, the Pingat Jasa Gemilang (Tentera) or Meritorious
  Service Medal (Military).
• He was awarded by President Halimah Yacob in Sept’22.
• He was awarded for his outstanding contributions in enhancing the strong and longstanding bilateral defence relationship between both the nations.

Additional Information
Recent Awards and Honours:

• Bangladesh-born Fahmida Azim working for the Insider online magazine of US has
  been selected for the 2022 Pulitzer prize.
• Karnataka Chief Minister Basavaraj Bommai has announced that Kannada film star
  Puneeth Rajkumar, who died 2021, will be conferred with the ‘Karnataka Ratna’
  award posthumously, on November 1, 2022.
• Michelle Poonawalla received the Shromani Award at NRI World Summit 2022,
  United Kingdom in July 2022.
• India’s Vijay Amritraj has been named the 2021 recipient of the Golden
  Achievement Award.
• Dr Vishwa Cariappa BS, Managing Director of San Group of Companies was
  presented ‘Achievers of Bengaluru’ Award at a function held in Bengaluru in May
  2022

Solution:
The correct answer is 5.

Key Points

• Legendary Telugu Actor and former Union Minister Krishnam Raju passed away in
  September 2022.
• He acted in more than 180 films and was also a recipient of five Filmfare south awards
  as well as three Nandi awards.
• His most famous works include Jeevana Tarangalu, Krishnaveni, and Bhakta Kannappa
  among others.

Additional Information
Recent Obituaries:

• Noted archaeologist Braj Basi Lal, who led an excavation at the Ramjanmabhoomi
  site in the mid-1970s, passed away in September 2022.
• In Bihar, Bhojpuri folk theatre artist Ram Chandra Manjhi passed away in
  September 2022.
• Noted historian and former Vice Chancellor of Mangalore and Goa Universities
  Professor B. Sheik Ali passed away in September 2022.
• Veteran filmmaker Abdul Gaffar Nadiadwala passed away in August 2022.
• Veteran Marathi actor Pradeep Patwardhan, passed away in August 2022.
• Veteran Punjabi singer Balwinder Safri passed away in July 2022.
• Bob Rafelson, co-creator of “The Monkees” and Director of the film “Five Easy
  Pieces”, passed away in July 2022

Solution:
The correct answer is Pavan C. Lall.

Key Points

Pavan C. Lall is coming up with a new book titled ‘Forging Mettle: Nrupender Rao
and the Pennar Story’.
It will release on September 12, 2022.
Pavan C. Lall is a Mumbai-based author and journalist who has written for Fortune
magazine’s Indian edition.
He is also a winner of the Citi Journalistic Excellence Award in 2016.

Additional Information

• Books            Authors
• Beyond The Misty Veil, Temple  Tales of Uttarakhand – Aradhana Johri
• The McMahon line: A century of discord – JJ Singh
• Crunch Time: Narendra Modi’s National Security Crises – Dr Sreeram Chaulia
• Unfilled Barrels: India’s Oil Story” (Bloomsbury) – Richa Mishra
• On Board: My Years in BCCI  – Ratnakar Shetty
• The Millennial Yogi: A modern-day parable about reclaiming one’s life – Deepam Chatterjee
• Udaan Ek Majdoor Bachhe Ki AD Manek Bruised Passports: Travelling the World as Digital Nomads – Savi and Vid
• Fearless Governance –  Kiran Bedi
• Golden Boy Neeraj Chopra – Navdeep Singh Gill
• The Legend of Birsa Munda  – Tuhin A. Sinha and Ankita Verma
• Bose: The Untold Story of AnInconvenient Nationalist – Chandrachur Ghose
• Gajapati: A king without a kingdom – Ashok Bal
• India’s Ancient Legacy of Wellness – Rekha Chaudhari
• Gandhitopi Governor – Yarlagadda Lakshmi Prasad
• Public Service Ethics –  Prabhat Kumar
• Cooking to Save Your Life – Abhijit Banerjee
• Resolved: Uniting Nations in a Divided World – Ban Ki-moon
• Nehru: The Debates that Defined India – Tripurdaman Singh and Adeel Hussain
• The Cinema of Satyajit Ray – Bhaskar Chattopadhya

Solution:
The correct answer is Australia.

Key Points

• Australia captain Aaron Finch retired from one-day international cricket on 11
  September 2022.
• Finch will continue to captain Australia’s Twenty20 side and will lead it during the T20
  World Cup in October and November 2022 in Australia.
• He played 145 ODI matches, out of which 54 were as a captain.

Additional Information
Recent Retirements in Cricket:

• England men’s limited-overs captain, Eoin Morgan, has confirmed his retirement
  from international cricket.
• Indian batter Mithali Raj has announced retirement from all forms of international
  cricket.
• New Zealand pacer Hamish Bennett has announced retirement from all forms of
  cricket.
• West Indies all-rounder Kieron Pollard has announced his retirement from
  international cricket.

Solution:
The correct answer is Hindustan Petroleum Corporation Ltd.

Key Points

• Hindustan Petroleum Corporation Ltd (HPCL) has collaborated with the Indian Army
  for implementing a CSR project to coach and mentor less-privileged girl students in
  Kargil.
• The project ‘Kargil Ignited Minds’ aims to prepare 50 girl students for various nationallevel engineering and medical entrance examinations.

Important Points

• It will focus on empowering the underprivileged girls with limited resources, residing
  in extreme weather conditions.
• The selection of students for this project is through a rigorous process involving
  screening, preliminary test and interviews.
• Through a residential coaching program in the premises of Indian Army at Kargil, the
  aspirants shall prepare for NEET, JEE and other entrance exams under supervision and
  guidance of ‘Fire and Fury Corps’ of the army

Solution:
The correct answer is Narendra Modi.

Key Points

• PM Narendra Modi will launch the Cheetah re-introduction project on 17th September
  2022.
• He disclosed this at the inaugural meeting of the national conference for the Zoo
  Directors held in Bhubaneswar on 10 September 2022.
• For the purpose, Cheetah will be brought from Namibia.
• This is for the first time that the Cheetah is being re-introduced after its disappearance
  from India in the 1950s.

Important Points

• The reintroduction at the Kuno-Palpur Park in Sheopur district is the world’s first intercontinental translocation project of a large carnivore like cheetah.
• Helipads are being constructed in and around the KNP where the project will be
  launched.