Latest Current Affairs Daily Update

29th and 30th Oct 2020 Current Affairs Headlines

Important Days

International Animation Day

International Animation Day is observed globally on 28 October every year. The day has celebrated the art of animation and also recognise the artists, scientists and technicians behind animation.

This year marks the 19th International Animation Day. The day was created in 2002 by International Animated Film Association (ASIFA), an International Animated Film Association, a member of UNESCO.

ASIFA created the International Animation Day (IAD) in 2002, honouring the birth of animation, recognized as the first public performance of projected moving images: Emile Reynaud’s Theatre Optique in Paris, on the 28th October 1892.

Useful notes for all competitive exams:

  • President of ASIFA: Sayoko Kinoshita.
  • ASIFA Founder: John Halas.ASIFA Founded: 1960, Annecy, France.

National Headlines

UP Govt to establish anti-human trafficking Police Stations

Uttar Pradesh Government has decided to establish anti-human trafficking Police Stations in each and every district in a major step towards the security of women and children.

These Police Stations will be given enough powers to register the case and investigate the matter independently.

The state government is going to establish 40 new anti-trafficking units which will work like police stations in districts and will conduct the investigation after registering the cases.

Earlier, only 35 districts in the state had Police stations of anti-human trafficking unit which was established in 2011 and 2018.

The new Police stations are being established after directives from women safety division of union Government. Union Government has also allocated funds for these units.

Useful notes for all competitive exams:

  • Uttar Pradesh Governor: Anandiben Patel.
  • Uttar Pradesh Capital: Lucknow.
  • Uttar Pradesh Chief minister: Yogi Adityanath.

Arjun Munda launches two Centers of Excellence for tribal welfare

The Union Minister of Tribal Affairs, Arjun Munda has launched two Centers of Excellence (CoE) for Tribal Welfare in a collaboration between Ministry of Tribal Affairs (MoTA) and Art of Living (AoL) through video conference.

The first CoE has been launched in Aurangabad district of Maharashtra for training about 10000 tribal farmers in the field of sustainable natural farming based on Go-Adharith farming techniques.

The second CoE has been launched in Jharkhand in the field of ‘Strengthening PRIs’ in 5 districts of the state covering 30 Gram Panchayats and 150 villages.

Useful notes for all competitive exams:

  • The Art of Living Foundation is a volunteer-based, humanitarian and educational non-governmental organization in Bengaluru founded in 1981 by Sri Sri Ravi Shankar.

 PM Modi Inaugurates 4th edition of India Energy Forum

PM Narendra Modi has inaugurated the 4th India Energy Forum by CERAWeek organised by HIS Markit.

The theme of this edition is “India’s Energy Future in a World of Change”. India is the third-largest and the fastest-growing aviation market in terms of domestic aviation and Indian carriers are projected to increase their fleet size from 600 to 1200 by 2024.

According to PM, India’s Energy Plan aims to ensure energy justice while fully following India’s global commitments for sustainable growth.

This means more energy is needed to improve the lives of Indians with a smaller carbon footprint. He envisioned India’s energy sector to be growth-centric, industry-friendly and environmentally conscious.

Kerala, the first state to fix floor price for vegetables

Kerala becomes the first state in the country to fix the floor price for vegetables. The floor price will be 20 per cent above the production cost of the vegetable. Even if the market price goes below the floor price, the product will be procured at the floor price from the farmers.

This is the first time in the country that the floor price is being fixed for vegetables produced in the state.

Useful notes for all competitive exams:

  • Chief Minister of Kerala: Pinarayi Vijayan; Governor: Arif Mohammad Khan.

Young Advocates Welfare Fund launched in Tamil Nadu

The Young Advocates Welfare Fund has been launched in Tamil Nadu. The Young Advocates Welfare Scheme is aimed at helping such fresh candidates to withstand the initial challenges.

It provides monthly financial assistance of three thousand rupees each for two years to the lawyers who just come out of law colleges.

Normally a fresher from law colleges takes three to four years to begin practice as an advocate in the court as the registration in the Bar Council, and the mandatory practicing under a senior advocate takes time.

Unable to sustain themselves during the initial period, many from poor and rural backgrounds shifted their profession.

Useful notes for all competitive exams:

  • Tamil Nadu Capital: Chennai.
  • Tamil Nadu Chief Minister: Edappadi K. Palaniswami.
  • Tamil Nadu Governor: Banwarilal Purohit.
  • Tamil Nadu State Dance: Bharathanatyam.

Odisha CM launches ‘Sumangal’ & Student Scholarship web portals

Odisha Chief Minister, Naveen Patnaik has launched two web portals named ‘Odisha State Scholarship Portal’ and ‘Sumangal Portal’.

The former portal is to help eligible students of the state to avail scholarship benefits in a seamless and transparent manner, while the latter one is to help people avail inter-caste marriage incentives.

Useful notes for all competitive exams:

  • Chief Minister of Odisha: Naveen Patnaik.
  • Odisha Capital: Bhubaneswar.
  • Odisha Governor: Ganeshi Lal.
  • Airports in Orissa: Biju Patnaik International Airport, Jharsuguda Airport, Rourkela Airport, Jeypore Airport and Savitri Jindal Airport.

Indian Army celebrates 74th Infantry Day in J&K

Every year, October 27 is celebrated as Infantry Day by the Indian Army in Jammu & Kashmir (known by the nickname, Chinar Corps).

The Chinar Corps celebrated the 74th Infantry Day on October 27, 2020, to honour the supreme sacrifice of the gallant soldiers in fighting the Pakistani invaders, in Jammu and Kashmir, in 1947.

Infantry Day is celebrated as a remembrance of the first military event of independent India, when the First Battalion of the Sikh Regiment of Indian Army fought battle to accomplish victory over the first attack on the Indian soil by the Pakistan Army and Lashkar invader on October 27, 1947, in the Kashmir valley, who tried to grab J&K.

Mansukh Mandaviya inaugurates ‘Direct Port Entry Facility’

The Union Minister of State for Shipping (I/C), Mansukh Mandaviya has inaugurated the ‘Direct Port Entry (DPE) facility’ of V.O. Chidambaranar Port Trust in Tamil Nadu.

This will help in increasing Ease of Doing Business for the exporters, as the facility will bring efficiency and reduce dwell time, lower tariff cost and improve the competitiveness of shipper in the international trade.

The state-of-the-art Direct Port Entry (DPE) facility would enable direct movement of containers from factories, without intermediate handling at any Container Freight Station (CFS), thus facilitating the shippers to Gate-In their factory stuffed exports directly to the Container Terminal on 24×7 basis.

The facility is created in an area of 18,357 sqm inside the Truck Parking Terminal which was developed under the ‘Sagarmala’ for issuing customs clearance of export cargo i.e. Factory stuffed/re-sealed containers.


International Headlines

Luis Arce declared as Bolivia’s president-elect

Luis Arce has been chosen as the President-elect of Bolivia, after winning a landslide victory in the 2020 Bolivian general election.

He captured 55.1% of the total votes. Arce will take the charge of the office on 8 November 2020. He would succeed Jeanine Anez, who is serving as the interim President of Bolivia.

The 57-year-old, Luis is a member of the political party Movement Toward Socialism. Previously, Arce served as Minister of Economy and Public Finance from 2006 to 2017 and in 2019 under the President Evo Morales.

Useful notes for all competitive exams:

  • Bolivia Capitals: La Paz, Sucre.
  • Bolivia Currency: Boliviano.
  • Bolivia Continent: South America.

Appointments

HDFC Bank MD & CEO Aditya Puri retires

The Managing Director and Chief Executive Officer of HDFC Bank, Aditya Puri has stepped down, after 25 years of a highly successful career at India’s largest private sector lender.

The 70-year-old Puri had transformed a start-up in a sector dominated by state-owned banks into an industry leader.

At nearly Rs 6 trillion, HDFC Bank leads the industry in terms of market capitalisation and remains the most profitable by a long margin. Sashidhar Jagdishan has been appointed as the new chief executive and managing director of the HDFC Bank w.e.f. 27 October 2020.

Useful notes for all competitive exams:

  • The tagline of HDFC Bank: We Understand Your World.
  • HDFC Bank Headquarters: Mumbai, Maharashtra.

Banking News

SBI signs $1 billion loan agreement with JBIC

State Bank of India (SBI) has signed a loan agreement of up to $1 billion with The Japan Bank for International Cooperation (JBIC).

The loan will facilitate the operations of Japanese car companies in India. The financing will assist in Government of India’s ‘Make in India’ initiative.

While $600 million will be financed by JBIC, the rest will come from other participating lenders which include the Sumitomo Mitsui Banking Corporation, MUFG Bank, Mizuho Bank, Shizuoka Bank and Bank of Yokohama.

JBIC will provide a guarantee for the portion co-financed by the participating banks. The loan is intended to promote the smooth flow of funds for the whole range of business operations of Japanese automobile manufacturers in India.

Useful notes for all competitive exams:

  • Chairman of State Bank of India: Dinesh Kumar Khara.
  • SBI Founded: 1 July 1955
  • SBI Headquarters: Mumbai, Maharashtra.
  • Japan Bank for International Cooperation Headquarters: Tokyo, Japan.
  • President & CEO of Japan Bank for International Cooperation: Tadashi Maeda.
  • Japan Bank for International Cooperation Founded: 1 October 1999.

RBI bars payment system operators from launching any new QR codes

The Reserve Bank of India has barred Payment System Operators (PSOs) from launching any new proprietary QR code for payment transactions. Currently, there are two interoperable QR codes — UPI QR and Bharat QR.

The decision to continue with the two existing Quick Response (QR) codes was based on the recommendations of the committee which was set up by the Reserve Bank under the chairmanship of Deepak Phatak to review the current system of such codes in India and suggest measures for moving towards interoperable QR codes.

QR codes are two-dimensional machine-readable barcodes, which are increasingly used to facilitate mobile payments at the point-of-sale. QR codes can store a large amount of information.

PSOs that use proprietary QR codes shall shift to one or more interoperable QR codes; the process of migration shall be completed by March 31, 2022.

Useful notes for all competitive exams:

  • Governor of RBI: Shaktikanta Das.
  • Deputy Governors of RBI: BP Kanungo, MK Jain, MD Patra and Rajeshwar Rao.
  • Headquarters: Mumbai, Maharashtra.

Summits and Conferences

3rd India-US 2+2 Ministerial Dialogue begins in New Delhi

India is hosting the third India-US two plus two Ministerial Dialogue at Hyderabad House in New Delhi. The Union Defence Minister Rajnath Singh and External Affairs Minister Dr S. Jaishankar are leading the Indian delegation.

The United States Secretary of State Mike Pompeo and Secretary of Defence Mark Esper are leading the US delegation. The First two plus two dialogue was held in New Delhi in September 2018 and the Second in Washington DC in 2019.

Besides, covering all bilateral, regional and global issues of mutual interest during the third dialogue, the two sides also signed the Basic Exchange and Cooperation Agreement for Geo-Spatial Cooperation (BECA) to further expand the geospatial cooperation between them and improve the accuracy of missile systems of India.

Om Birla participates in 6th BRICS Parliamentary Forum virtually

The 6th BRICS Parliamentary Forum has been organised virtually under the chairmanship of Vyacheslav Volodin, the Chairman of Russian Parliament.

The Indian Parliamentary Delegation is being led by Lok Sabha Speaker, Om Birla and also consists of Member of Lok Sabha Kanimozhi Karunanidhi.

The forum provides an effective platform to facilitate inter-parliamentary dialogue and Parliamentary Diplomacy among the Parliaments of BRICS countries with a view to strengthening the role of Parliaments on a range of contemporary global issues.

Speakers and members of five BRICS Parliaments namely Brazil, Russian, India, China and South Africa are attending the Forum. The theme of the Forum is ‘BRICS partnership in the interest of global stability, general safety and innovative growth: Parliamentary dimension’.


Agreement News

India Post, US Postal Service sign pact for the electronic exchange of customs

Indian Posts & US Postal Service entered into an agreement for the electronic exchange of customs data related to postal shipments. It will enable to transmit & receive electronic data of international postal items prior to their physical arrival.

The agreement will make it possible to transmit and receive electronic data of international postal items prior to their physical arrival at the destination and would enable customs clearance of postal items in advance in line with the evolving global postal framework.

Useful notes for all competitive exams:

  • Indian Post Headquarters: New Delhi.
  • Director-General of Indian Post: Arundhaty Ghosh.

DMRC & SBI card launch multi-purpose smart card

The SBI Card in association with the Delhi Metro Rail Corporation launched a contactless multi-purpose card that can function as a credit card and as a metro smart card.

The credit card Delhi Metro SBI Card is designed for regular commuters on Delhi Metro. It will enable its users to use it as a smart card with an auto-top up facility whenever the balance is below Rs 100.

The credit card facility will automatically recharge a top-up value of Rs 200 from the user’s linked card/bank account.

The card offers an enhanced daily commute experience to millions of metro commuters together with a rewarding experience on their daily purchases.

The DMRC has identified 100 stations to put up kiosks from where commuters can purchase the card.

Useful notes for all competitive exams:

  • CEO of SBI Card: Ashwini Kumar Tewari; Founded: October 1998.
  • SBI Card Headquarters: Gurugram, Haryana.

Awards

Dr Satish Mishra bags “Dr Tulsi Das Chugh Award-2020

The National Academy of Medical Sciences (India) has selected the Principal Scientist, Division of Molecular Parasitology and Immunology, (CSIR-CDRI)-Lucknow, Dr Satish Mishra for “Dr.Tulsi Das Chugh Award 2020”.

He is awarded for his research work on Malaria parasite’s life cycle which is a complex process involving two hosts and three invasive stages.


Obituary

Veteran Gujarati Actor Naresh Kanodia passes away

Veteran Gujarati film star-turned-politician, Naresh Kanodia passed away. He was the younger brother of Gujarati singer Mahesh Kanodia who died on 25 October 2020 in Gandhinagar after a prolonged illness.

Naresh Kanodia worked in over 100 Gujarati films. Later he joined politics and was elected as a BJP MLA from Karjan constituency between 2002 and 2007.

Both brothers were known as the Mahesh-Naresh duo in Gujarati film industry and together shared credit for several Gujarati hit movies.


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