2nd October 2022

Itachi Astemo installed its India’s first ground-mounted solar power plant of 3 megawatts (MW) at its Jalgaon manufacturing plant.

Itachi Astemo installed its India’s first ground-mounted solar power plant of 3 megawatts (MW) at its Jalgaon manufacturing plant. The 3 megawatts (MW) solar power plant will be built in an area of 43301 sqm. The ground-mounted solar power plant will consist of 7128 ground-mounted solar panels and 10 inverters. Hitachi Astemo is known for the development, manufacture, sale, and service of automotive and transportation components. This solar power plant will embark on its new journey in the field of sustainable energy in India.

Hitachi Astemo has installed its India’s first solar power plant in which of the following state?

President Vladimir Putin has granted Russian citizenship to former U.S. intelligence contractor Edward Snowden.

President Vladimir Putin has granted Russian citizenship to former U.S. intelligence contractor Edward Snowden, nine years after he exposed the scale of secret surveillance operations by the National Security Agency (NSA). U.S. authorities have for years wanted him returned to the United States to face a criminal trial on espionage charges.

Snowden, a former employee of the U.S. National Security Agency, has been living in Russia since 2013 to escape prosecution in the US after leaking classified documents detailing government surveillance programs.

Which country has granted citizenship to former US security contractor Edward Snowden?

Commerce Ministry announced the extension of the existing foreign trade policy by six months.

The Commerce Ministry announced the extension of the existing foreign trade policy by six months. The reason behind the development is currency volatility and global uncertainty. The ministry said, the geo-political situation is not suitable for long-term foreign trade policy.

The Commerce Ministry said, “existing Foreign Trade Policy extended by six months due to currency volatility & global uncertainty. Geo-Political situation is not suitable for long-term Foreign Trade Policy.” Earlier, the government had extended the due date for the Foreign Trade Policy 2015-20 to September 30, 2022.

Foreign Trade Policy 2015-20 has been extended for a further period of how many months?

Asian Development Bank said, it will devote at least $14 billion through 2025 to help ease a worsening food crisis in Asia-Pacific.

The Asian Development Bank said, it will devote at least $14 billion through 2025 to help ease a worsening food crisis in Asia-Pacific. The development lender said it plans a comprehensive program of support to help the 1.1 billion people in the region who lack healthy diets due to poverty and soaring food prices. The Manila, Philippines-based ADB made the announcement during its annual meeting.

“This is a timely and urgently needed response to a crisis that is leaving too many poor families in Asia hungry and in deeper poverty,” ADB President Masatsugu Asakawa said.

Which of the following bank will devote at least $14 billion through 2025 to help ease a worsening food crisis in the Asia-Pacific?

Union Bank of India inaugurated the Ethical Hacking Lab at the Cyber Security Centre.

The Union Bank of India inaugurated the Ethical Hacking Lab at the Cyber Security Centre of Excellence (CCoE) in Hyderabad. The lab with a cyber defence mechanism will protect the bank’s information system, digital assets, and channels, against potential cyber threats. The lab was inaugurated by the bank’s managing director and CEO, A. Manimekhalai. Union Bank is adopting Digital Products in a big way. Various new initiatives are taken by the Bank to increase Digital Footprints. The IT assets are increasingly exposed to the Internet.

Vijay Jasuja as Non-Executive Independent Director.

Leading Fintech platform Stashfin has appointed BFSI (Banking, Financial Services and Insurance) expert and former MD and CEO of SBI Cards, Vijay Jasuja as Non-Executive Independent Director. He also served as a Director at PNB Cards. Jasuja, an industry veteran, has more than 40 years of BFSI experience in leadership positions across Indian and overseas markets, has been the MD and CEO of SBI Cards, and director, of PNB Cards. He has held multiple leadership positions at SBI including General Manager, Hyderabad; General Manager (IBG), Mumbai; Country Head and CEO, Maldives and Regional Head, Sub-Saharan Africa.

Team World defeats Team Europe 13-8 to win the Laver Cup indoor tennis tournament.

Team World defeated Team Europe to win the Laver Cup 2022 for the first time. Team World defeats Team Europe 13-8 to win the Laver Cup indoor tennis tournament. Frances Tiafoe and Felix Auger of Team World defeated Stefanos Tsitsipas & Novak Djokovic of Team Europe to win the competition. Laver Cup is an international indoor hard court tournament between Team Europe & Team World. Players from all continents, besides Europe, represent Team World.

The 2022 Laver Cup was the fifth edition of the Laver Cup, a men’s tennis tournament between teams from Europe and the rest of the world. It was held on an indoor hard court at The O2 Arena in London, England.

Team World defeated Team Europe to win the Laver Cup 2022 for the first time. Laver Cup is related to which sport?

Securities and Exchange Board of India (SEBI) for introducing the Electronic Gold Receipt (EGR) segment on its platform.

Stock exchange BSE has received final approval from the capital markets regulator Securities and Exchange Board of India (SEBI) for introducing the Electronic Gold Receipt (EGR) segment on its platform. The exchange had received in-principle approval from Sebi in February after which the exchange conducted several mock trading in the test environment for exchange members to facilitate trading in EGRs.

The instruments representing gold will be called EGRs and will be notified as securities, with trading, clearing and settlement features similar to other securities that are currently available in India.

13th FICCI Global Skills Summit 2022 on the theme of “Education to Employability – Making It Happen.” 

Union Education and Skill Development and Entrepreneurship Minister, Shri Dharmendra Pradhan inaugurated and addressed the 13th FICCI Global Skills Summit 2022 on the theme of “Education to Employability – Making It Happen.” in New Delhi. The Summit would look through the NEP lens and focus on how India can become the “Skill Capital of the World,” using the UN Sustainable Development Goal 4 (SDG4) as an underlying theme.

Shri Dharmendra Pradhan shared his thoughts on leveraging skills to reap the demographic dividend and making India’s skills ecosystem more vibrant.

He said that our country is blessed with a demographic dividend. Education and skills have to play an important role in converting our demographic dividend into a transformative powerhouse.

Saudi Arabia’s powerful Crown Prince Mohammed bin Salman has been appointed as the prime minister by a royal decree.

Saudi Arabia’s powerful Crown Prince Mohammed bin Salman has been appointed as the prime minister by a royal decree. The crown prince, who is heir to the throne held by King Salman, already wields wide powers and is seen as the kingdom’s day-to-day leader. The royal decree appointing him as prime minister was carried by the Saudi Press Agency.

The reshuffle kept another son, Prince Abdulaziz bin Salman, as energy minister, the king said in the royal decree. The crown prince, known as MbS, is promoted from defence minister and has been the de facto ruler of Saudi Arabia, the world’s biggest oil exporter and a major U.S. ally in the Middle East.

Mohammed bin Salman has been appointed as the Prime Minister of which country in September 2022?