Current Affairs for SSC CGL Exams - 14 April 2022

SSC CGL Current Affairs

Current Affairs for SSC CGL Exams - 14 April 2022

::NATIONAL::

PM Modi inaugurates Prime Minister's Museum at Teen Murti Estate in New Delhi

Prime Minister NarendraModi inaugurated the much sought after PradhanMantriSangrahalay in the Teen MurtiBhavan, New Delhi. The museum captures the life of fourteen Prime Ministers of Independent India from Jawaharlal Nehru to the incumbent NarendraModi.
On account of AmbedkarJayanti, on April 14, The Prime Minister inaugurated the newly built PradhanMantriSangrahalay to mark the ‘AzadikaAmritMahotsav’ or 75 years of the Indian Independence. On Thursday morning the PM arrived at the sprawling lawns of Teen MurtiBhavan in which the new museum is constructed and bought the first visitor ticket before entering the premises. This gesture of Modi underlined the democratic legacy of India which he often highlights in his speeches as a virtue deep-rooted in our civilizational consciousness.
The High tech museum showcases the story of Indian Prime Ministers and their contributions to nation-building. The visitors will get a first-hand experience through visual and digital means to learn about the leadership, vision, and achievements of all our prime ministers. The museum is located in the Teen MurtiBhavan complex, a 25-acre-plot that holds the Teen MurtiBhavan – the residence of Jawaharlal Nehru, The Nehru Memorial Library which will now host the museum dedicated to the PMs of India as well.
The design integrates the old Teen MurtiBhavan in the new masterplan which will be designated as Block – I with the newly constructed building designated as Block II. The building is a hemispherical dome topped with an Ashoka Chakra which talks about the story of rising India moulded by the hands of its leaders. According to the PMO, the total floor area of the two blocks is a combined over 15,600 square metres. The design which incorporates sustainable and energy conservation practices is built in a way that no tree was cut or transplanted during the course of its construction.

::INTERNATIONAL::

Finland 'highly likely' to apply to NATO after Russia's 'consequences' warning

Finland is highly likely to apply for the membership of North Atlantic Treaty Organisation, a Finnish cabinet minister told news agency AFP on Friday. The move comes hours after Russia warned of unspecified 'consequences if both Finland and Sweden joined the military alliance.
"At this point I can say that it is highly likely, but the decision is not yet made," European Affairs Minister TyttiTuppurainen said. "The people of Finland, they seem to have already made up their mind and there is a huge majority for the NATO membership," she told Britain's Sky News.
Earlier in the day, Russian foreign ministry spokesperson Maria Zakharova said that the possible accession of Sweden and Findland to NATO threatened negative consequences for stability in northern Europe.
"It's no secret that the territories of these countries have long been mastered by NATO, large-scale military exercises were held. Why the alliance needs this is understandable. The goal is to continue building up military potential and geographic expansion, to create another flank for threats to Russia," Zakharova said in a statement.
Finland shares a 1,300 kilometre border with Russia. In 1917, the country had gained independence from 150 years of Russian rule. During the Second World War, its outnumbered army had fought off a Soviet invasion before a peace deal witnessed it cede several border areas to Moscow.
During the Cold War era, Finland remained neutral in exchange for guarantees from Russia that it would not be invaded.
However, Russia's invasion of Ukraine has turned the public opinion in favour of a NATO alliance. The most recent poll, by private Finnish broadcaster MTV, showed 68% of Finns in favour and only 12% against NATO membership.

::ECONOMY::

Banks hire scores of oversight agencies to keep tabs on end-use of loans

With increasing cases of fund diversions, banks have come together and empanelled as many as 83 oversight agencies to keep a tab on the end-use of loans, State Bank chairman RajnishKuma.
The chairm of the largest lender said there have been instances where an individual or a company has borrowed from one bank and at the same time uses a current account facility with some other bank to divert funds.
"Hiring oversight agencies is one of the things being done by banks to prevent such misuse," Kumar told reporters.
He also suggested that methods of lending will need to undergo change.
"The consortium discipline or the multiple banking discipline has to be improved and there the regulator also has to pay a role," he said.
On the tepid credit growth, Kumar said he expects some pick up during the second half.
"If you look at the year-on-year growth, we are seeing 13 percent. Hopefully, if this continues or remains at the same level in the second half, we will be very happy. Only by the second half we will know how much credit is needed," Kumar said.

::Sports::

Patnaik unveils 2023 World Cup logo

The logo for the 2023 FIH Men's Hockey World Cup was unveiled by Odisha chief minister Naveen Patnaik. The World Cup, the second edition in Odisha which also hosted the event in 2018, will be held in Bhubaneswar and Rourkela from January 13 to 29.
The state of Odisha is the official partner for the 15th World Cup which will be organised by Hockey India. India’s largest hockey stadium, with a capacity of 20,000, is being built in Rourkela.
“We are thrilled that there will be two venues this time - Bhubaneswar and Rourkela. The 2018 FIH Men's World Cup gave us all memories that we still cherish to this day and the 2023 FIH Hockey Men’s World Cup will be even more exciting and unforgettable,” said Patnaik. Also present at the event was international hockey federation (FIH) president NarinderBatra.
At an event to felicitate the India men’s team which won bronze and the women who finished fourth at the Tokyo Olympics, Patnaik had announced that Odisha would continue to sponsor India teams for another 10 years. At that event, the players were given ₹10 lakh each and every member of the support staff got ₹5 lakh. In 2018, Odisha had signed a five-year ₹100 crore deal with Hockey India.