DAILY CA 14 JUNE 2022

 

DAILY CA 14 JUNE 2022

1.       UDAN CELEBRATES 2022 AS ITS 5TH ANNIVERSARY YEAR

·         A Central Government scheme of Ude DeshkaAam Naagrik (UDAN) i.e. let the country’s typical person fly, is celebrating its fifth anniversary this year.

·         This first of its kind scheme, headed by the Ministry of Civil Aviation (MoCA), stimulates Regional Connectivity Scheme (RCS) through a market-based mechanism.

·         It ensures common man to commute between smaller cities in a short time, and at an affordable cost.

·         The Airports Authority of India (AAI) is its implementing agency.

 

2.       25TH FOUNDATION DAY OF BIMSTEC CELEBRATED

·         Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) celebrated the Foundation Day of BIMSTEC 2022 or BIMSTEC Day 2022 in Dhaka, Bangladesh.

·         6th June 2022 also marks the celebration of the 25th foundation Day of BIMSTEC, Silver Jubilee Anniversary(25th anniversary) of the foundation of BIMSTEC.

·         BIMSTEC was initially formed with 4 member states, Bangladesh, India, Sri Lanka and Thailand, with the acronym of BIST-EC(Bangladesh, India, Sri Lanka and Thailand Economic Cooperation). 

·         On 22nd December 1997, Myanmar was included into the economic bloc and the group was renamed as “BIMSTEC)

·         Following the inclusion of Nepal and Bhutan in February 2004, the group was renamed as “Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation” BIMSTEC. 

·         In 2014, the BIMSTEC Secretariat was established in Dhaka, Bangladesh.

 

3.       OMNICARD BECOMES 1ST RBI LICENSED PPI TO LAUNCH CASH WITHDRAWAL ACROSS ALL ATMS PAN INDIA

·         Payment solution provider OmniCard became the first Reserve Bank of India (RBI) licensed PPI (Prepaid Instrument) to launch a cash withdrawal facility using a RuPay-powered card from any ATM (Automated teller machine) through their e-wallet.

·         This decision came in after RBI permitted the non-bank licensed entities to enable cash withdrawals from the digital wallet.

·         The company worked with the National Payments Corporation of India (NPCI) team to enable the facility.

·         Sanjeev Pandey is the Co-Founder and Chief Executive Officer (CEO) of OmniCard.

 

4.       EVEREST GROUP: TCS RETAINED ITS 10TH POSITION

·         According to the estimates by the Everest Group, Tata Consultancy Services (TCS) has retained its 10th position among the top 10 Global Business Process Management (BPM) providers in 2021.

·         ADP has topped the list with a revenue of USD 10.5 billion, followed by Teleerformance, Accenture, Concentrix and Sitel Group.

·         The ranking is based on a composite score of revenue and year-on-year growth.

·         According to the Everest report, the top 5 fastest growing companies’ year-on-year were Tech Mahindra, Telus International, Majorel, Teleperformance and Comdata.

 

5.       HARINI LOGAN WON THE 2022 SCRIPPS NATIONAL SPELLING BEE 

·         Harini Logan(13-year-old) an Indian origin person from San Antonio, Texas, United States of America(USA) won the 2022 Scripps National Spelling Bee competition held in Gaylord National Hotel and Convention Center in National Harbor, Maryland, USA.

·         This marks the 94th edition of the Scripps National Spelling Bee.

·         The first edition of the competition was held in 1925.

·         Balu Natarajan was the first person of Indian origin to win the spelling bee competition in 1985.

·         Zaila Avant-Garde (2021 champion) became the 1st Black American and 1st Louisiana speller to win the Bee.    

 

6.       FORMULA ONE: MAX VERSTAPPEN WINS AZERBAIJAN GP

·         Red Bull’s Max Verstappen (Belgium) won the Azerbaijan Formula One Grand Prix 2022 held at Baku, Azerbaijan to extend his Formula One championship lead over Ferrari’s Charles Leclerc (Monaco).

·         Formula One championships are held by Federation Internationale de l’Automobile (FIA)

·         The 24-year-old Verstappen became the most successful driver in the Red Bull of all time and at present, he has 66 podiums for Red Bull and is tied 9th for the most race wins alongside Jim Clark and Niki Lauda.

·         FIA Headquarters – Paris, France

 

7.       WORLD DAY AGAINST CHILD LABOUR 2022 – JUNE 12 

·         The United Nations(UN)’s World Day Against Child Labour is annually observed across the globe on 12th June to create awareness about the harmful effects of child labour on individuals.

·         The theme of World Day Against Child Labour 2022 is “Universal Social Protection to End Child Labour”.

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