Daily Current Affairs With Video Lecture 6 August 2022 [DOWNLOAD PDF]

Zaheer Hussain
August 6, 2022
572

In today’s 6 August 2022 Current affairs, we are going to see the latest national and international current affairs topics. These current affairs questions and major events will be really helpful for your upcoming NDA, CDS, AFCAT, TA, INET, MNS, ACC exams, and other SSB interviews and AFCAT interviews like SSC Tech, TGC, TES, NDA, CDS, AFCAT, and more. Download the current affairs PDF file at the end of this article.

DAILY CURRENT AFFAIRS 06 August 2022

Hiroshima Day

Hiroshima Day is observed every year on August 6 to promote peace politics and raise awareness of the effects of the bomb attack on Hiroshima. Hiroshima city was attacked by an atomic weapon that killed thousands of lives instantly on August 6, 1945.
Today is the 77^th anniversary of the atomic bombing of the Japanese city. It was the first city to be attacked by a nuclear bomb.
In 1945, the United States deployed a nuclear bomb to the city of Hiroshima. This wiped-out 39 percent of the civilians in the city.
The US created two atomic bombs named ‘The Little Boy’ dropped in the city of Hiroshima and ‘The Fat Man’ in the city of Nagasaki on August 6 and 9 respectively.

RBI Announced Their Bi-Monthly Monetary Policy

Reserve bank of India today increased the Repo Rate by 50 basis points to 5.40 percent. RBI Governor Shaktikant Das announced the bi-monthly Monetary Policy.
While announcing the policy, Shaktikant Das said that the Monetary Policy Committee which held a three-day MPC Meeting on Wednesday unanimously decided to increase the Repo Rate.
Accordingly, Standing Deposit Facility Rate was adjusted to 5.15 percent from 4.65 percent. Marginal Standing Facility Rate and Bank Rate revised to 5.65 percent from 5.15 percent.
The RBI Governor said that the Repo Rate is now back to the pre-pandemic level highest since August 2019.
He said that the real GDP growth projection for 2022-23 is retained at 7.2 percent with Q1- 16.2 percent, Q2- 6.2 percent, Q3 -4.1 percent, and Q4- 4.0 percent with risks broadly balanced. The real GDP growth for the first quarter of the ensuing fiscal year is projected at 6.7 percent.

Election For The Vice President Of India

The polling to elect the new Vice President will be Today. The polling will take place at the Parliament House between 10 AM and 5 PM. Mr. Jagdeep Dhankar is the NDA candidate, while Ms. Margaret Alva is the Opposition candidate for the Vice-Presidential Election.
Vice President is elected by the members of the Electoral College consisting of the members of both houses of Parliament in accordance with the system of proportional representation by means of the single transferable vote.
The total number of electors are 788 Members of Parliament. It includes 543 elected Members of the Lok Sabha and 233 elected Members of the Rajya Sabha as well as 12 nominated members of the Rajya Sabha.
The counting will take place at the Parliament House after the voting tomorrow. The term of Vice President M. Venkaiah Naidu ending on 10^th August.

3^rd Anniversary Of Abrogation Of Article 370

It is on this day in August 2019, when provisions of Article 370, which gave special status to the erstwhile state of Jammu and Kashmir, were abrogated by the Union Government. The State was further divided into two Union Territories – Jammu and Kashmir and Ladakh.
Earlier, Jammu and Kashmir was the only state in the country with a separate constitution as per the provisions mentioned in Article 370, a ‘temporary provision’ that grants special autonomous status to the State.
After the revocation of Article 370, all Central laws and various welfare schemes are applicable there and the decision has also paved the way for attracting investment in the region which in turn has brought in development.

Inauguration Projects Of Shrimad Rajchandra Mission

Prime Minister Narendra Modi virtually inaugurated and laid the foundation stone of various projects of the Shrimad Rajchandra Mission worth more than Rs 300 crore at Dharampur in Gujarat.
The Prime Minister inaugurated the 250-bed Shrimad Rajchandra multispecialty Hospital at Dharampur in the Valsad district.
The PM also laid the foundation stone of the 150-bed Shrimad Rajchandra Animal Hospital.
The PM also laid the foundation stone of the Shrimad Rajchandra Center of Excellence for Women on the occasion. The center will employ over 700 tribal women and provide a livelihood to thousands of others.

ASEAN – India Foreign Ministers’ Meeting

External Affairs Minister Dr. S Jaishankar participated in the ASEAN-India Foreign Ministers’ Meeting at Phnom Penh in Cambodia.
He said, there was strong convergence on Indo-Pacific, United Nations Convention on the Law of the Sea connectivity, COVID-19, terrorism, cyber security, Ukraine, and Myanmar. He added that digital, health, agriculture education, and green growth will drive the ASEAN-India partnership.
On the sidelines of the event, Dr. Jaishankar met his Sri Lankan counterpart Ali Sabry and congratulated him on his new responsibility.
He reaffirmed India’s commitment, as a dependable friend and reliable partner, to the economic recovery and well-being of Sri Lanka. The External Affairs Minister also met his Vietnamese counterpart and agreed to keep working to maintain the momentum of the Comprehensive Strategic Partnership between the two countries.

US Senate Approves Finland And Sweden To NATO

The United States Senate approved Finland and Sweden’s accession to NATO. The vote on easily surpassed the two-thirds majority needed to back the ratification of the accession documents, with 95 Senators voting in support.
US President Joe Biden in a statement said that this historic vote sends an important signal of the sustained, bipartisan US commitment to NATO.
Earlier, France’s National Assembly voted in favor of Finland and Sweden’s NATO memberships. The French Senate had also approved it two weeks ago. Several countries, including Germany, Canada, and Italy, have already approved the ratification. All 30 NATO member states must approve the accession protocols.

Natural Gas In Primary Energy Mix By 15% By 2030

The Government has set a target of increasing Natural Gas in the primary energy mix by 15 percent by 2030. Replying to a question in the Lok Sabha, Minister of State for Petroleum and Natural Gas Rameshwar Teli said, at present, the use of Natural Gas is only 6.3 percent.
To increase the Natural Gas usage, Mr. Teli said initiatives like the expansion of the National Gas Grid to 33 thousand 500 kilometers, expansion of the City Gas Distribution network, setting up of Liquefied Natural Gas terminals, and allocation of domestic gas to CNG for transport and PNG for domestic purposes are taken.
He said, by the end of May this year a total of Four thousand 531 CNG stations have been established by the authorized entities.

Family Courts (Amendment) Bill 2022

Parliament has passed the Family Courts (Amendment) Bill 2022 with the Rajya Sabha approving it. The Lok Sabha has already cleared the Bill.
It seeks to amend the Family Courts Act, 1984. The Act allows state governments to establish Family Courts.
The central government is empowered to notify dates for the Act to come into force in different states.
The governments of Himachal Pradesh and Nagaland have set up Family Courts in their states under the Act. However, the central government has not extended the application of the Act to these states.
The Bill seeks to extend the application of the Act to the state of Himachal Pradesh with effect from 15th February 2019 and to the state of Nagaland with effect from 12 September 2008.
The establishment of Family Courts in both states will be retrospectively valid from these dates.

Indian Athletes Shine At CWG

In Wrestling:
Bajrang Punia Won Gold In Men’s Freestyle 65 kg.
Sakshi Malik Won Gold In Women’s Freestyle 62 kg.
Deepak Punia Won Gold In Men’s Freestyle 86 kg.
Anshu Malik Won Silver In Women’s Freestyle 57 kg.
Divya Kakran Won Bronze In Women’s 68 kg.
Mohit Grewal Won Bronze In Men’s Freestyle 125 kg.

REVIEW QUESTIONS

What Is Meant By Price Discrimination?
Increase In Price Of A Commodity Over Time
A Situation Where The Same Product Is Sold To Different Consumers For Different Prices
Subsidization Of A Product By The Government To Sell It At A Lower Price
General Decrease In Price Of A Commodity Over Time

ANSWER: B

What Is Meant By ‘Public Good’?
A Commodity Produced By The Government
A Commodity Whose Benefits Are Indivisibly Spread Among The Entire Community
A Government Scheme That Benefits The Poor Households
Any Commodity That Is Very Popular Among General Public

ANSWER: B

Brent Index Is Associated With
Crude Oil Prices
Copper Future Prices
Gold Future Prices
Shipping Rate Index

ANSWER: A

Demand For A Commodity Refers To
Desire For That Commodity
Need For That Commodity
Quantity Demanded Of That Commodity
Quantity Demanded At Certain Price During Any Period

ANSWER: D

Inflation Is Caused By
Increase In Supply Of Goods
Increase In Cash With The Government
Decrease In Money Supply
Increase In Money Supply

ANSWER: D

The Term Stagflation Refers To A Situation Where_______
Growth Has No Relation With The Change In Price
Rate Of Growth And Prices Both Are Decreasing
Rate Of Growth Is Faster Than The Rate Of Price Increase
Rate Of Growth Is Slower Than The Rate Of Price Increase

ANSWER: D

A ‘Closed Economy’ Is An Economy In Which
The Money Supply Is Fully Controlled.
Deficit Financing Takes Place.
Only Exports Take Place.
Neither Exports Nor Imports Take Places.

ANSWER: D

The Indian Economy Is Characterized By
Pre-dominance Of Agriculture
Low Per Capita Income
Massive Unemployment
All The Above

ANSWER: D

Net National Product (NNP) Of A Country Is
GDP Minus Depreciation Allowances
GDP Plus Net Income From Abroad
GNP Minus Net Income From Abroad
GNP Minus Depreciation Allowances

ANSWER: D

The Philosophy Of ‘Laissez-faire’ Is Associated With
Gandhian State
Industrial State
Socialist State
Welfare State

ANSWER: B

The Slogan Of ‘Poverty Abolition’ Was Given In Which Five-Year Plan?
Second Plan
Fourth Plan
Fifth Plan
Sixth Plan

ANSWER: C

The Blue Revolution Is Related With
Fish Production
Food Grain Production
Oilseed Production
Milk Production

ANSWER: A

Which One Of The Following Pairs Is Not Correctly Matched?
Industrial Finance – SIDBI
Social Security Measures – Bharat Nirman
Rural Credit – NABARD
Rural Employment – SJSRY

ANSWER: B

The Slack Season In The Indian Economy Is
Feb-April
Mar-April
Jan-June
Sept-Dec

ANSWER: C

Quaternary Sector Implies
Activities Related To Mining And Quarrying
Activities Related To Manufacturing
Fishing Activities
Research And Developmental Activities

ANSWER: D

Which One Of The Following Is A Raw Material-oriented Industry?
Sugar Industry
Ship Industry
Petroleum Industry
Light Engineering Industry

ANSWER: C

In An Economy, The Sectors Are Classified Into Public And Private Based On
Employment Condition
Nature Of Economic Activities
Ownership Of Enterprises
Use Of Raw Materials

ANSWER: C

The Major Aim Of Devaluation Is To
Encourage Exports
Encourage Imports
Encourage Both Exports And Imports
Discourage Both Exports And Imports

ANSWER: A

Foreign Currency Which Has A Tendency Of Quick Migration Is Called
Hot Currency
Soft Currency
Gold Currency
Scarce Currency

ANSWER: A

The Rate At Which RBI Allows Temporary Loan Facilities To Commercial Banks
Repo Rate
Reverse Repo Rate
Bank Rate
Interest Rate

ANSWER: A

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Zaheer Hussain

Senior Lecturer General Studies, SSBCrackExams, Passionate Teacher, Masters in Public Administration, Expertise in Polity, History and Current Affairs. Loves Food and traveling Solo.