Current affairs updates for July 22nd , 2017 – General Awareness GK for IBPS, SBI, SSC Exams

This is a extract of our 10by10 Current Affairs show – Live Video Stream from Youtube.
Watch the show live every morning at 10.00 AM. (as of 22/07/2017)

1. Telcos want IUC charges to be doubled

IUC – Interconnect Usage Charges


Telecom operators like Bharti Airtel, Vodafone India and Idea Cellular on Tuesday pitched for doubling of the interconnect usage charges (IUC) from the current 14 paise per minute. But Reliance Jio opposed it and instead proposed bill and keep model, which means zero charge. The demand by the existing players was reiterated at a meeting held by Telecom Regulatory Authority of India (Trai), which is in the process of reviewing the IUC charges.
While Bharti and Idea asking for a 30 paise per minute charge, Vodafone is requesting for 40 paise per minute. The reason for these companies asking for a higher IUC, which is basically termination rates, is because they feel that the present one is not cost-based which is benefiting Jio which is choking their networks by landing a large number of free calls.

2. All India Radio earns Rs. 10cr from Mann Ki Baat

The main source of revenue for the broadcast is advertising (Rs. 2L per 10 seconds).


Information and Broadcasting Minister Rajyavardhan Rathore told the Lok Sabha that PM Narendra Modi’s signature radio program ‘Mann Ki Baat’ has brought in revenues of Rs. 10cr in the last two fiscals to All India Radio.
In 2016-17, AIR raked in Rs. 5.19cr, about 9% more than the Rs. 4.78cr in the previous fiscal.
The monthly radio program was started by October, 2014

3. Kashyap, Sameer, Prannoy reach US Open quarterfinals

The prize amount is $120,000


Indian shuttlers P Kashyap, Sameer Verma and H S Prannoy advanced to the quarterfinals of the men’s singles’ competition at the US Open Grand Prix Gold.
Kashyap will next face compatriot and fifth seed Sameer Verma.

4. Reliance to buy 25% stake in Ekta Kapoor’s Balaji Telefilms

RIL will acquire shares worth ₹413 crore.


Mukesh Ambani’s Reliance Industries Ltd (RIL) is going to pick around 25 per cent stake in Balaji Telefilms by acquiring 2.52 crore shares for around ₹413 crore.
In a separate filing, Balaji Telefilms said its board considered and approved an investment by RIL through a preferential issue of 2.52 crore equity shares at ₹164 each, aggregating to ₹413.28 crore.

5. IMF approves conditional $1.8 billion loan to Greece

IMF – International Monetery Fund


The International Monetary Fund’s board on Thursday approved a $1.8 billion loan to Greece but will only release the money if the country gets debt relief from its European creditors.
The IMF has praised Greece for taking steps to reduce its budget deficits, including expanding its tax base and cutting spending on pensions.IMF managing director Christine Lagarde said she expects “a plan to restore debt sustainability to be agreed soon between Greece and its European partners.”
If an agreement on debt relief is reached, the IMF will join the eurozone lenders in an ongoing bailout.

6. The numbers that decided Kovind’s victory

Mr. Kovind got 335 votes in UP and 1 vote in Kerala


President designate Ram Nath Kovind has got 2,930 votes with a value of 7,02,044, defeating his rival Meira Kumar, who got 1,844 votes, with a value of 3,67,314.
A total of 77 votes were declared invalid, of which 21 were from Parliament. Eight MPs has not voted.
While Mr. Kovind won the support of 22 States, Ms. Kumar was favoured in 10 States.

7. Harmanpreet Kaur’s blazing 171 takes India to final

Women’s World Cup


Harmanpreet Kaur produced one of the greatest ever ODI knocks in women’s cricket as India stormed into the ICC World Cup final, demolishing Australia by 36 runs in the semifinal, in Derby.
The Indian vice-captain smashed her way to a career-best magical 171 off 115 balls, leaving the Australian bowlers in a daze as India put up an imposing 281 for 4 in a 42 over match.

8. ICICI Bank offers instant loans through ATMs

To select customers


ICICI Bank has a new offer for select customers: loans of up to Rs. 15L through its ATMs.
Customers who qualify will be given the choice of opting for it once they complete an ATM transaction. All details will be made available before the loan is issued.
Making the whole process even simpler, the amount will be credited instantly.

9. India and the global satellite launch market

ISRO made Rs.45cr on single day


ISRO’s commercial and marketing arm, Antrix Corporation, earned Rs. 45.2cr from the 29 foreign nano-satellites launched on 23 June along with its Cartosat-2 satellite.
It made over Rs. 1,216cr from foreign satellite launches over the last four years.
The information is shared in Lok Sabha by Minister of State for Department of Space, Jitendra Singh. He has described the current period as ‘Golden Era’ of Space Technology..

10. New Rs. 20 Notes To Be Issued Soon

Earlier notes will continue to be legal tender


The Reserve Bank of India has said it will shortly issue Rs. 20 banknotes in the Mahatma Gandhi Series.
The new Rs. 20 notes have the inset letter ‘S’ in both the number panels and the signature of RBI Governor Urjit Patel, the central bank said.
However, All the banknotes in the denomination of Rs. 20 issued by the Bank in the past will continue to be legal tender.


Types of Indian Sculpture | Wooden Sculpture, Sand Sculpture, Marble Sculpture, Bronze sculpture

Indian Sculpture

The sculptural traditions, forms, and styles of the civilizations of the Indian subcontinent. Sculpture was the favoured medium of artistic expression on the Indian subcontinent. Indian buildings were profusely adorned with it and indeed are often inseparable from it. The subject matter of Indian sculpture was almost invariably abstracted human forms that were used to instruct people in the truths of the Hindu, Buddhist, or Jain religions. The nude was used both to represent the body as a symbol of spirit and to reveal the imagined shapes of the gods. There is an almost complete suppression of individuality in Indian sculpture; this is because the figures are conceived of as shapes that are more perfect and final than anything to be found in the merely transitory appearance of human models. The multiple heads and arms of sculptured Hindu divinities were thought necessary to display the manifold attributes of these gods’ power.

Types of Indian Sculpture:

  • Wooden Sculptures
  • Bronze Sculptures
  • Marble Sculptures
  • Stone Sculptures
  • Sand Sculptures 

Wooden Sculpture

Indian wooden sculpture has marked its presence since ancient times and has been the evidence of artistic brilliance. Every region of India had developed its own unique style of wooden structures, marked with a distinct type of carving, strongly influenced by local traditions and the materials that were locally available. From the southern parts of India, the wooden sculptures and toys are popular for their intricate carving works and meticulous finishing. In Indian wood sculpture, idols of god, goddesses and demigods are the most preferred themes.

Bronze Sculptures

Sculpture of Bronzes immensely radiates a sense of immortality and powerfully reflects the fascination and mystery about the ancient cultures of BuddhismJainism and Hinduism. The art of making Bronze sculptures began in the Indus Valley Civilization (2400-B.C.), where the Indus Bronze statuette of a slender-limbed “dancing girl” was found in Mohenjodaro. The stone sculptures and their inner sanctum images in the temple remained on a fixed place, until the 10th century, where the newly emerged religious concepts demanded that the idols should appear in a variety of public roles. As a consequence, large bronze images were created as these images could be carried outside the temple places. Then from the 9th to the 13th centuries in the Chola period, the art activities were carried out in enormous quantity, where new temples to show the architectural skills were built and old ones renovated with additional beauty and grand festivals were organized.

Marble Sculptures

Entire artwork of marble sculptures in India bears the excellent style and patterns of finest craftsmanship that are achieved with quality. They provide an articulate glimpse of strikingly attractive, versatile sizing of beautiful artistic designs and craftsmanship. One of the features of marble is that the finest marbles used for sculpture does not contain stains. But some of natural stains are seen in the sculpture, which the sculptor skillfully incorporates into the sculpture.

As per Historical evidences the art of marble sculpture reached at the peak during the Mughal rule. In Mughal dynastyShah Jahan‘s reign is marked for monumental Taj Mahal architectural achievements. He initiated the most important architectural change in the form of the use of marble in preparation of monuments or tombs instead of sandstone.

Stone Sculptures

Sarnath is one of the most beautiful sites in the world & sacred where the Lord Buddha delivered his first sermon, which was the introduction of Buddhism. The Lion Capital on top of one of pillar, which is recognized as the National Emblem of India, is from Sarnath. The Emperor Ashoka who worked in this life for spreading the Buddha’s message of love and compassion visited Sarnath around 234 BC, and erected a Grand stupa. Along with it, several other Buddhist structures were raised at Sarnath between the 3rd century BC and the 11th century AD that represents today the most expansive ruins amongst places on the Buddhist trail.

The main structure of the place has been enclosed and marked with the presence of a complex structure of monasteries that are half-ruined condition stupas. Dhamek Stupa is known for particular significance at Sarnath as it signifies the “seat of the holy Buddha”, after he proclaimed his faith. Believed to be constructed 5th to 6th century, it is a cylindrical tower of around 30 meters high with a solid structure. But the sculptural beauty is maintained with all the architectural techniques. The trunk of the stupa is decorated using panels carved with geometric and floral designs.

Sand Sculptures

Sand sculpture, reminiscent of any Indian sculptures can be of multiple shape, size or form. Sand sculpture is native to Orissa which has later spread its root towards whole of India. It can include the above things- a castle, or created in a human, animal, plant or a fantasy form. As this art is comparatively a recent one, it didn’t have any historical references. Although not historically proved, the origin of this art is found in the Orissan myths. Sometimes even coloured sand is also used to create sculpture, as in Luilang of China. In making sand sculptures, the goal is to create those objects which appear as an artistic example. Now, many artists have got engaged to prepare sand sculptures in India and such sand sculptures are displayed in large sizes and in complex structures. Though sand sculptures are comparatively new to the culture of India, they are widely accepted by the inhabitants of India.