Today's Current Affairs-3rd August 2022

NATIONAL

Minister of Petroleum and Natural Gas Shri Hardeep Singh Puri inaugurates 4th ONGC Para Games 2022

• The fourth edition of the ONGC Para Games was officially launched in New Delhi’s Thyagaraj Sports Complex by Union Minister of Petroleum, Natural Gas, Housing, and Urban Affairs Shri Hardeep Singh The 4th ONGC Para Games are being held by Oil and Natural Gas Corporation Limited (ONGC) from August 2-4, 2022, and feature 275 Persons with Disabilities (PwD) who work for eight central oil and gas public organisations.
• ONGC Para Games is a fantastic platform for bringing inclusivity and equity to the human resource of the public businesses under the Ministry, according to Shri Hardeep Singh Puri, who opened the 4th ONGC Para Games.
• The Paralympic Committee of India has assisted ONGC in organising the Para Games on an international scale since their first edition in 2017.
• Many of the para-athletes competing in the ONGC Para Games have also represented India with distinction at the

About About ONGC:

Headquarters: Vasant Kunj, New Delhi Founded: 14 August 1956

Director : Pomila Jaspal

India to participate in 17-nation drill “Pitch Black 2022” in Australia from August 19

• India will be part of the mega air combat exercise “Pitch Black 2022” among 17 nations, to be held in the Northern Territory of Australia. India’s participation in the exercise, “Pitch Black”, has been confirmed by the Australian government. Over 100 aircraft and 2,500 military personnel from 17 nations will be part of the The exercise is scheduled to take place from August 19 to September 6.
• This year’s participants include Australia, Canada, India, France, Germany, Indonesia, Japan, Malaysia, the Netherlands, New Zealand, the Philippines, the Republic of Korea, Singapore, Thailand, the UAE, the UK and the

About Australia:

Prime Minister: Anthony Albanese Capital: Canberra

Currency: Australian dollar

V Prez M Venkaiah Naidu flags off 'Har Ghar Tiranga' Bike Rally by MPs from Red Fort in Delhi

• A Har Ghar Tiranga Bike Rally by Members of Parliament was launched in Delhi from the famed Red Fort by Vice President M. Venkaiah Naidu. The Tiranga Bike rally is organised by Union Culture Minister G Kishan Reddy. In honour of Prime Minister Narendra Modi’s Har Ghar Tiranga campaign, a bike rally was held from Red Fort to Vijay Chowk. Additionally present were Union Ministers Pralhad Joshi and Piyush
• Our country is prepared for Har Ghar Tiranga, a nationwide movement to honour our Tricolor, at the same time that we are commemorating Azadi Ka Amrit Mahotsav.
• Between August 11 and August 13, the BJP members will also perform “prabhat pheri” at the booth level while playing Raghupati Raghav Raja Ram, a favourite devotional hymn of Mahatma Gandhi, or Vande Mataram, the national anthem of India.

About Delhi:

Chief Minister: Arvind Kejriwal Lieutenant Governor: Vinai Kumar Saxena Capital: New Delhi

 SPORTS

Commonwealth Games 2022 : India bags historic gold in women’s four lawn bowl event

• India’s lawn bowls women’s fours team made history by winning the gold medal at the Commonwealth Games 2022. This was the country’s first medal in the lawn bowls event and the team, made of skipper Rupa Rani Tirkey, Lovely Choubey, Pinki and Nayanmoni Saikia, ended up winning the title itself after beating 2018 silver medallists South The Indian team won against South Africa with a 17-10 victory.
• In the final day game, India had started strong but South Africa produced a brilliant fightback as both the teams were on 10 points after end 12. India have restored the advantage and now have 15 points as compared to South Africa’s 10 after the end of 15. This was also the Indian team’s maiden appearance in the women’s fours format of the finals of the tournament. India beat New Zealand in the semi-finals 16-

Commonwealth Games 2022: PV Sindhu and Indian badminton mixed team settle for silver medal

• Indian badminton team claimed the silver medal in the mixed group match of the Commonwealth Games Indian badminton mixed team suffered a 1-3 defeat against Malaysia and had to settle for silver. Only PV Sindhu managed to earn a win in the summit clash against Malaysia in the women’s singles match.
• In the first match of the tie, India’s Chirag Shetty and Satwiksairaj Rankireddy were locked in a tough first game against Malaysia’s Teng Fong Aaron Chia and Wooi
• In the second match of the tie, PV Sindhu took on Jin Wei Goh. The opening game of the match saw the double Olympic medallist playing aggressively to take one game lead over Malayasia’s Jin Wei Goh by 22-
• In the third match of the tie, Kidambi Srikanth went down 19-21 against Malaysia’s Ng Tze Yong in the opening 

CWG 2022: Indian men's table tennis team clinches gold

• India’s paddlers retained their men’s team championship title with a convincing 3-1 win over Singapore in the Table-Tennis Final of the Commonwealth Games 2022. For India, Harmeet Desai and G Sathiyan gave India a great start by registering a win in the doubles However, Chew Zhe Yu Clarence won the next game to level Singapore at 1-1. But G Sathiyan and Harmeet Desai ensured India’s gold by winning their respective matches.
• India has won the gold medal for the second time in a row in the team event of men’s table tennis. Indian men’s table tennis also won the yellow medal in the 2018 Gold Coast Commonwealth Games. Then the Indian team defeated Nigeria 3-0 in the final match. In the fourth match, Harmeet Desai defeated Chew Zhe Yu Clarence 11-8, 11-5, 11-6.

 APPOINTMENTS & RESIGNATIONS

Sashastra Seema Bal DG Sujoy Lal Thaosen gets additional charge as ITBP DG

• Sashastra Seema Bal’s director general in New Delhi, Sujoy Lal Thaosen assumed the additional responsibility of Director General of the Indo-Tibetan Border Police. Dr. Thaosen is a Madhya Pradesh Cadre IPS Officer from the 1988 batch. Dr. Thaosen received the charge and traditional baton from IPS
• Sanjay Arora. The ITBP, established in 1962, patrols the Indo-Chinese border. Additionally, it is used for a number of internal security tasks, such as anti-Naxal operations in Chhattisgarh.
• 58-year-old Sujoy Lal Thaosen is a Madhya Pradesh-trained Indian Police Service (IPS) officer from the 1988

About Indo-Tibetan Border Police (ITBP):

Headquarters: New Delhi, India

Agency executive: S. L. Thousen, IPS, Director General of ITBP Founded: 1962

Founder: Government of India

 BOOKS & AUTHOR

“Lion Of The Skies: Hardit Singh Malik” Book by Stephen Barker

• A book titled “Lion of the Skies: Hardit Singh Malik, the Royal Air Force and the First World War” is all about an “India’s first fighter pilot” who participated in the World War, long before the Indian Air Force was born. The book has been written by author Stephen Barker, who describes in great detail, how challenging it was for an Indian to serve in the British armed forces, fighting racial discrimination – both institutional and
• During the First World War, Hardit Singh Malik served as a fighter pilot for both Royal Flying Corps (RFC) and the Royal Air Force (RAF) for fighting the He is also the first Indian Ambassador to France.
• “Dangerous Earth” book by marine scientist and science communicator Ellen
• In Dangerous Earth, marine scientist Ellen Prager explores the science of investigating volcanoes, earthquakes, tsunamis, hurricanes, landslides, rip currents, and–maybe the most perilous hazard of all– climate change. Each chapter considers a specific hazard, begins with a game-changing historical event, and highlights what remains unknown about these dynamic phenomena. Along the way, we hear from scientists trying to read Earth’s warning signs, pass its messages along to the rest of us, and prevent catastrophic

 BANKING AND ECONOMY

SIDBI partners with SVC Bank for empowering MSMEs

• To increase the flow of loans to MSMEs, the SVC Co-operative Bank (SVC Bank) and the Small Industries Development Bank of India (SIDBI) have reached an agreement. Ashish Singhal, MD of SVC Bank, and Sanjeev Gupta, GM of SIDBI, inked the deal. For more than 115 years, SVC Bank has acted as a reliable partner for MSMEs.
• According to the agreement, SIDBI would grant a refinancing facility to SVC Bank in order to promote loan flow, empower MSMEs, and strengthen economic
• The MSME sector is the backbone of the Indian economy in terms of exports, employment creation, and revenue to the
• SIDBI has now chosen to collaborate with several Urban Co-operative Banks (UCBs) and Regional Rural Banks in order to create a robust environment for the development of Indian MSMEs (RRBs).
• This is the first such contract that has been signed with a SIDBI plans to sign more of these agreements with UCBs and RRBs in different States.

About SIDBI:

Founded: 2 April 1990 Headquarters: Lucknow

General Manager: Sanjeev Gupta

About SVC Bank:

Headquarters: Mumbai, India Founded: 1906

MD: Ashish Singhal

RBI's financial inclusion index rose to 56.4 in March 2022

• The Reserve Bank of India’s composite financial inclusion index (FI-Index) capturing the extent of financial inclusion across the country rose to 56.4 in March 2022, showing growth across parameters. RBI now publishes the index annually in July every
• The index stood at 53.9 in March last year. It was at 43.4 for the period ending March 2017, showing rapid improvement in reach of financial services over the past five
• The index captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial
• It comprises three broad parameters — access with 35% weightage, usage with 45% weightage and quality with 20% weightage. It incorporates details of banking, investments, insurance, postal as well as the pension

About RBI:

Founded: 1 April 1935, Kolkata Founder: British Raj

Governor: Shaktikanta Das