GK Capsule: Are you preparing for competitive exams? then this current affairs is for you today.

GK Capsule: General knowledge is highly important in competitive exams like UPSC, and SSC. A large number of questions are asked in this section (Current Affairs). To score well in competitive exams, one must have a good grasp of the General Knowledge section. And here’s a GK capsule of the important events of the past week for you.

GK Capsule – important events of the past week*

Which vitamin is useful for quick healing of wounds? – Quiz
A) Vitamin A
B) Vitamin C
C) Vitamin E
D) Vitamin K

– View Answer

Rakesh Jhunjhunwala passes away (on 14 August 2022)

Rakesh Jhunjhunwala passes away: He is known as the Warren Buffett of India. Rakesh Jhunjhunwala is a prominent stock market investor. The 62-year-old died in Mumbai due to a heart attack. Rakesh is one of the co-founders of the new airline company Akasha Air.

Reduction of trade margins on cardiac and anti-diabetic drugs

Reduction of trade margins on cardiac and anti-diabetic drugs: The central government is ready with a list of drugs to reduce trade margins. The difference between the price at which manufacturers trade and the maximum retail price (MRP) paid by patients is called the trade margin. Around 60 medicines related to cardiac, hypertension, anti-diabetic, neuropathic pain, epilepsy, and vitamin B12 supplements are likely to see a decline in trade margin. According to rough estimates, more than 5,000 brands of drugs are likely to be affected by the trade margin. – GK

75th Independence Day – Special Medals

75th Independence Day- Special Medals: On India’s Independence Day, August 15, the Central Government presented special medals to the Armed Forces and Armed Police Forces. It is unusual to award such medals once every 25 years. They were last presented on 15 August 1997 to commemorate the 50th anniversary of independence from British rule. The new medal features the Ashoka lion on the obverse and the Ashoka chakra on the reverse.

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Nitish Kumar Goodbye to NDA – GK

Nitish Kumar Goodbye to NDA: Janata Dal(U) leader and Bihar CM Nitish Kumar gave a shock to the Centre. He withdrew from the NDA alliance. He also resigned from his post as CM. Later, the government was formed again with the help of Congress and the RJD parties. He was once again sworn in as Bihar CM last Wednesday.

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