current affairs 05 August 2022

India to host special meeting of UNSC members on counter-terrorism in Oct.

• India will host the special meeting of United Nations Security Council (UNSC) on counter-terrorism on October 29, 2022.
• The tenure of India as a non-permanent member at the UN Security Council will be ended on December 2022.
• Theme: Mindful of the increasing threat posed by the misuse of new and emerging technologies
• Non- permanent members: Albania, Brazil, Gabon, Ghana, India, Ireland, Kenya, Mexico, Norway and the UAE
• India's envoy to the UN: Ruchira Kamboj

Suresh N Patel Sworn-in as the Central Vigilance Commissioner.

• Vigilance Commissioner, Suresh N Patel has been appointed as the Central Vigilance Commissioner, after a post fell vacant for a year.
• He has been working as the acting Central Vigilance Commissioner since June 2022.
• CVC Patel has administered the oath of office to Arvind Kumar (former IB chief) and Praveen Kumar Srivastava (ex-IAS officer) as vigilance commissioners.
• The tenure of a CVC and vigilance commissioner: Four years or till attains the age of 65 years.

PSBs write off loans worth Rs 10 lakh crore in last 5 years.

• Banks have written off loans worth of Rs 10 lakh crore in the last five financial years (2017-18 to 2021-22).
• The write-off amount has come down to Rs 1,57,096 crore (2021-22) as compared to Rs 2,02,781 crore (2020-21).
• In 2019-20, the write-off has also come down from Rs 2,36,265 crore to Rs 2,34,170 crore.
• The commercial banks and financial institutions have reported credit information of all borrowers having aggregate credit exposure of Rs 5 crore and above to RBI.

India and the US to hold mega military exercise in Uttarakhand in October.

• The 18th edition of India and US mega military exercise Yudh Abhyas will be held in Auli, Uttarakhand from October 14 to 31, 2022.
• Aim: To build the understanding, cooperation and interoperability between the two armies.
• The 17th edition of the exercise was held in Alaska in US.
• India - the US ties:
• The US has designated India a Major Defence Partner(2016).
• India and the US sealed Basic Exchange and Cooperation Agreement (BECA) in 2020.

Bangladesh signs MoU with IOCL for emergency supply of petroleum goods.

• The Indian Oil Corporation Limited (IOCL) has signed an MoU with the Bangladesh Roads and Highways department in Dhaka for the emergency supply of petroleum goods.
• As per the MoU, the petroleum tankers will enter from Meghalaya and will go to Tripura crossing through the Bangladesh territory.
• The IOCL will carry all the administrative fees, charges and local taxes including road usage fee for use of the Bangladeshi territory.
• IOCL Chairman: Shrikant Madhav Vaidya