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Important Current Affairs 3rd January 2022

INTERNATIONAL

Shanghai opens longest metro line in the world, 831km network length

• Shanghai has opened two new metro lines, upholding its rank as the city with the largest Metro network in the world. With the new lines, the total length of Shanghai’s metro network has extended to 831 km, continuing to be the longest in the world. China’s Shanghai opened two new metro lines – Line 14 and Phase One of Line 18.

• The opening of the two new lines will bring the total number of fully automatic metro lines in Shanghai to five, with an operating length of 167 km, ranking first in the world for the first time. The city will now enjoy 20 metro lines with 508 stations, 83 of which are transfer ones.

NATIONAL

Naveen Patnaik  launched Digital Life Certificate system for pensioners 2022

• Odisha Chief Minister Naveen Patnaik has launched an online service for the verification of identity and submission of life certificates for pensioners of the state government. The chief minister virtually launched the new initiative while attending the orientation programme for newly recruited 153 officers of Odisha Civil Services.

• Identification and life certificates can now be submitted by the pensioners using an artificial intelligence-based video-verification process.

• It will be of immense help to the pensioners as they can submit their identification and life certificates digitally, without visiting any government office simply by using their mobile phones.

Telangana Governor inaugurates Numaish 2022 in Hyderabad

• Telangana Governor Tamilisai Soundararajan on Saturday inaugurated the 81st All India Industrial Exhibition ‘Numaish 2022’ organized by the Exhibition Society in Hyderabad.

• Telangana Home Minister Mahmood Ali was invited as the chief guest at the event.

• Addressing the event, Soundararajan said, “As a doctor, I am very happy because a COVID-19 vaccination campaign is also conducted here. I really appreciate the efforts taken for the safety of the people of Telangana.”

Appointment & Resignation

Vinod Kannan takes over as Vistara CEO

• Vistara on Saturday said that Vinod Kannan took over as the chief executive officer (CEO) of the airline. Kannan replaced Leslie Thng who was the CEO from July 16, 2017 to December 31, 2021.

• It added that Deepak Rajawat has been elevated to take up the role of Vistara’s chief commercial officer from Saturday. “Kannan started his stint with Vistara as the Chief Strategy Officer in June 2019 and took over as Chief Commercial Officer in January 2020 with responsibility for developing, executing, and sustaining

• Vistara’s corporate strategy and ensuring the airline’s commercial success,” it mentioned.

Baldev Prakash named as MD & CEO of J&K Bank

• Baldev Prakash has been appointed as the Managing Director & Chief Executive Officer (MD & CEO) of Jammu & Kashmir Bank for three years. His appointment will be effective from the date of taking charge or April 10, 2022, whichever is earlier. Apart from him, R K Chhibber has been appointed as an additional director on the board of the bank.

• Prakash has over 30 years of experience in banking. He had joined SBI as a probationary officer in 1991 and was the Chief General Manager (Digital and Transaction Banking Marketing Department) at SBI, Mumbai. The appointment is effective from the date of taking charge or April 10, 2022, whichever is earlier.

OBITURY

World-renowned Kenyan conservationist Richard Leakey dies at 77

• World-renowned paleoanthropologist Richard Leakey, who unearthed evidence that helped prove humankind evolved in Africa, died on Sunday at the age of 77, Kenya's President Uhuru Kenyatta confirmed in a statement.

IMPORTANT DAYS

DRDO Foundation Day on 1st January 2022

• The Defence Research and Development Organisation (DRDO) has observed the 64th Foundation Day of its establishment on January 01, 2022. DRDO was established in 1958 with just 10 laboratories to enhance the research work in the Defence sector. At that time, it was tasked with designing and developing cutting edge defence technologies for the Indian Armed Forces.

• As of now, DRDO is working in multiple cutting edge military technology areas, which include aeronautics, armaments, combat vehicles, electronics, instrumentation, engineering systems, missiles, materials, naval systems, advanced computing, simulation, cyber, life sciences and other technologies for defence.

AWARDS & RECOGNITION

Danish Siddiqui posthumously gets Mumbai Press Club's RedInk Award

• Photojournalist Danish Siddiqui, who died during an assignment in Afghanistan, has been posthumously awarded as the ‘Journalist of the Year’ for 2020 by the Mumbai Press Club. CJI N V Ramana presented the annual ‘RedInk Awards for Excellence in Journalism’. He presented the prestigious award to Siddiqui “for his spectrum of investigative and impactful news photography”. Danish Siddiqui’s wife Frederike Siddiqui received the award.

• Senior journalist Prem Shankar Jha, 83, was bestowed with the lifetime achievement award “for his long and distinguished career of incisive and analytical writing”. The Mumbai Press Club instituted The RedInk Awards a decade ago to recognise good investigative and feature writing and raise the bar of journalism in the country.

BANKING AND ECONOMIC

Govt approves 19th tranche of electoral bonds for sale on January 1

• The government has approved the issuance of the 19th tranche of electoral bonds, which will be open for sale from January 1 to 10, 2022, ahead of assembly elections in five states Uttar Pradesh, Uttarakhand, Punjab, Himachal Pradesh and Goa. In the 19th tranche of sale, the State Bank of India (SBI), has been authorised to issue and encash electoral bonds through its 29 specialised branches. There is no limit on the number of bonds an individual or company can purchase. An electoral bond will be valid for 15 days.

• Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding. However, Opposition parties have been raising concerns about alleged opaqueness in funding through such bonds.

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