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

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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.


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