Latest Current Affairs Daily Update

Daily Current Affairs in English: 20th and 21st Oct 2021

Important Days

World Statistics Day: 20 October

World Statistics Day is celebrated around the globe every year on 20 October to highlight the achievements of the Fundamental Principles of Official Statistics.

The celebration of World Statistics Day 2021 is a global collaborative endeavor, organized under the guidance of the United Nations Statistical Commission.

The United Nations Statistical Commission proposed celebrating 20 October 2010 as World Statistics Day.

Useful notes for all competitive exams:

  • United Nations Statistical CommissionFounded: 1947;
  • United Nations Statistical Commission Parent organization: United Nations Economic and Social Council;
  • United Nations Statistical Commission Chair: Shigeru Kawasaki (Japan).

International Chef’s Day: 20 October

International Chefs Day is observed every year on 20 October. The day aims to celebrate and honor the noble profession and educate people around the world about eating healthy.

It is also the day for experienced chefs to pass on their knowledge and culinary skills to the next generation with a sense of pride and commitment.

The theme of the International Chefs Day 2021 campaign is Healthy Food for the Future. International Chefs Day was created by Dr. Bill Gallagher, a renowned chef and the former president of the World Association of Chefs Societies (World Chefs), in 2004.

World Osteoporosis Day: 20 October

The World Osteoporosis Day (WOD) is observed annually on October 20. The day aims to raise global awareness of the prevention, diagnosis, and treatment of osteoporosis and metabolic bone disease.

WOD is organized by the International Osteoporosis Foundation (IOF), by the launch of a year-long campaign with a specific theme. In 2021 the Global WOD Campaign theme is “Serve Up Bone Strength”.

Useful notes for all competitive exams:

  • International Osteoporosis Foundation Headquarters location: Nyon, Switzerland;
  • International Osteoporosis Foundation President: Cyrus Cooper;
  • International Osteoporosis Foundation Founded: 1998.

National

Home Minister Amit Shah flags off ‘Modi Van’

The Union Home Minister Amit Shah has flagged off “Five Mobile Medical Vans” dubbed as Modi Van on October 19, 2021, in the Kaushambi district of Uttar Pradesh.

These vans have been launched under the ‘Seva Hi Sangathan’ program of BJP to commemorate Prime Minister Narendra Modi completing 20 years as the Head of Government.

The Five Mobile Medical Vans will operate in five Assembly Constituencies in Kaushambi. These vans will work under the aegis of Kaushambi Vikas Parishad run by BJP’s National Secretary Vinod Sonkar.

Punjab CM Charanjit Channi launches ‘Mera Ghar Mere Naam’ scheme

In Punjab, Chief Minister Charanjit Channi launched a new scheme titled ‘Mera Ghar Mere Naam’, which aims to confer proprietary rights on the people living in the houses within the ‘Lal Lakir’ of villages and the cities.

The land area which is a part of the village habitation and is used for non-agriculture purposes only is known as Lal Lakir.

The state government will undertake drone surveys of residential properties, both in rural and urban areas for digital mapping, following which all eligible residents would be given the property cards, after proper identification or verification, to confer proprietary rights upon them in a time-bound manner.

The property card will serve the purpose of registry against which they can avail loans from the banks or even sell their properties.

Useful notes for all competitive exams:

  • Governor of Punjab: Banwarilal Purohit.

Rajasthan launched ‘Prashasan Gaon ke Sang’ Campaign

Rajasthan Government has launched a mega campaign named ‘Prashasan Gaon Ke Sang’ till December 17, 2021, to provide local access to government services in the remotest villages of the state.

Officials from 22 Departments of the local administration will reach out to the rural parts of every gram panchayat to offer on-spot solutions to the applicants.

The campaign will be conducted on the observation of the respective district collector, for on-spot disposal of applications.

While the campaign is intended to bring departments closer to residents, large-scale awareness efforts are being held ahead of time to guarantee that citizens can take full use of the services provided at the camps.

The campaign is likely to be extremely beneficial to those who are unfamiliar with digital procedures as well as those who have difficulty traveling to government offices for physical verification.

Along with services such as land deed allotment, land deed transfers, and the issuance of various certificates, the campaign will also include public health initiatives such as seasonal illness control and public awareness.

Useful notes for all competitive exams:

  • Chief Minister of Rajasthan: Ashok Gehlot; Governor: Kalraj Mishra.

International

Sri Lanka seeks 500 million dollars as loan from India

The Government of Sri Lanka has sought a USD 500 million credit line from India to pay for its crude oil purchases, as the country is facing a severe foreign exchange crisis in the island nation after the pandemic hit the nation’s earnings from tourism and remittances.

The USD 500 million credit line is part of the India-Sri Lanka economic partnership arrangement. The facility would be used for purchasing petrol and diesel requirements.

Useful notes for all competitive exams:

  • Sri Lanka Capitals: Sri Jayawardenepura Kotte; Currency: Sri Lankan rupee.
  • Sri Lanka Prime Minister: Mahinda Rajapaksa; Sri Lanka President: Gotabaya Rajapaksa.

Appointments

Amitabh Chaudhry reappointed Axis Bank CEO

The Reserve Bank of India (RBI) approved the re-appointment of Amitabh Chaudhry as Managing Director and Chief Executive Officer of private lender Axis Bank for a period of three years.

Amitabh had taken charge as Axis Bank’s new MD and CEO in January 2019 after as outgoing MD and CEO Shikha Sharma retired, effective December 31, 2018. The extended three-year term will be effective from January 1, 2022.

Useful notes for all competitive exams:

  • Axis Bank Headquarters: Mumbai;
  • Axis Bank Founded: 3 December 1993, Ahmedabad.

Ayushmann Khurrana joins CoinDCX for ‘Future Yahi Hai’ campaign

Ayushmann Khurrana has become the latest celebrity to venture into the cryptocurrency space through his association with CoinDCX’s ‘Future Yahi Hai’ campaign.

The CoinDCX ‘Future Yahi Hai’ Megadrive is directed towards addressing major questions and doubts and dispelling myths when it comes to crypto investments from the perspective of young India. CoinDCX is India’s largest cryptocurrency exchange valued at $1.1 billion.

The campaign, which eventually plans to rope in popular personalities from various spheres, aims to drive home a simple but engaging narrative that breaks through misconceptions surrounding crypto for both new and old investors and, consequently, increases participation in crypto-enabled financial services.

Amit Rastogi appointed new Chairman & Managing Director of NRDC

Commodore Amit Rastogi (Retd) has been appointed as the new Chairman & Managing Director of the National Research Development Corporation (NRDC).

Prior to this, he was the Director of Electrical Engineering at Integrated Headquarters, Ministry of Defence for 5 years and Additional General Manager Tech Services at Naval Dockyard for 2 years.

NRDC was established in India in 1953 to help develop and promote technologies developed at various national R&D institutions.

Sahdev Yadav becomes new President of IWF

Sahdev Yadav, former Secretary-General of IWLF, was unanimously elected as the President of the Indian Weightlifting Federation (IWLF).

The election also saw the appointment of S.H. Anande Gowda and Naresh Sharma as the new Secretary-General & Treasurer of IWLF.

10 new Vice Presidents, 4 Joint Secretaries & 7 executive committee members were also elected, in the election conducted by Returning Officer Narinder Paul Kaushik, Delhi District Court.

Useful notes for all competitive exams:

  • Indian Weightlifting Federation Headquarters: New Delhi.

Banking

RBI imposes a fine of Rs 1.95 crore on Standard Chartered Bank

The Reserve Bank of India (RBI) imposed a fine of Rs 1.95 crore on the Standard Chartered Bank for failing to report a cyber security incident within the prescribed time period, and failure to credit the amount involved in unauthorized electronic transactions, among other reasons.

Standard Chartered Bank was penalised also for its non-compliance with RBI’s directions on customer protection.

Standard Chartered Bank had also allowed direct sales agents to conduct KYC verifications and failed to ensure the integrity of data submitted in the Central Repository of Information on Large Credits (CRILC).

Useful notes for all competitive exams:

  • Standard Chartered Bank CEO: Bill Winters;
  • Standard Chartered Bank Founded: 1969, London, United Kingdom.

 RBI imposes Rs 1 crore penalty on State Bank of India

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on India’s largest public lender State Bank of India (SBI).

The penalty has been imposed for non-compliance with the directions contained in “RBI (Frauds classification and reporting by commercial banks and select FIs) directions 2016”.

The penalty has been imposed in the exercise of powers vested in RBI under the provisions of section 47A (1) (c) read with sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949.

Useful notes for all competitive exams:

  • SBI Chairperson: Dinesh Kumar Khara.
  • SBI Headquarters: Mumbai.
  • SBI Founded: 1 July 1955.

RBI authorized Karur Vysya Bank (KVB) to collect Direct taxes

The Reserve Bank of India has authorized Karur Vysya Bank (KVB) to collect direct taxes on behalf of the Central Board of Direct Taxes (CBDT).

After obtaining the approval, KVB has started the integration process with the CBDT to collect direct taxes.

The integration would enable the bank to allow its customers to remit the direct taxes through any branch/net banking/ mobile banking services (DLite Mobile application).

Useful notes for all competitive exams:

  • Karur Vysya Bank Establishment: 1916;
  • Karur Vysya Bank Headquarters: Karur, Tamil Nadu;
  • Karur Vysya Bank MD & CEO: B. Ramesh Babu;
  • Karur Vysya Bank Tagline: Smart Way to Bank.

Agreements

NITI Aayog joins hand with ISRO to launch Geospatial Energy Map

NITI Aayog has launched the Geospatial Energy Map of India which will provide a holistic picture of all energy resources of the country.

The map has been developed by NITI Aayog in collaboration with the Indian Space Research Organisation (ISRO) and the Energy Ministries of the Government of India.

The map will help to identify and locate all primary and secondary sources of energy and their transportation/transmission networks to provide a comprehensive view of energy production and distribution in a country, which would further help in planning and making investment decisions.

Useful notes for all competitive exams:

  • NITI Aayog Formed: 1 January 2015;
  • NITI Aayog Headquarters: New Delhi;
  • NITI Aayog Chairperson: Narendra Modi;
  • NITI Aayog CEO: Amitabh Kant.

Business

IndiaFirst Life Introduces ‘Saral Bachat Bima’ Insurance Plan

IndiaFirst Life Insurance Company Limited (IndiaFirst Life), a joint venture of Bank of Baroda and Union Bank of India introduced the “IndiaFirst Life Saral Bachat Bima Plan”. It is a savings and protection cover plan for the entire family.

The plan includes paying for the short term and enjoying long-term benefits and it will provide consistent protection through insurance cover.

An amount equal to the Sum Assured on Death (SAD) will be paid in case of accidental death during the first policy year. In case of death of the life insured, an advanced payment by way of funeral cover. Flexibility to receive the death benefit as a lump sum or regular income for 5 years.

Boost savings with guaranteed additional benefits of 4.75% to 6% per annum. Option to opt for Waiver of Premium Rider.

No medical test and short application form.

Useful notes for all competitive exams:

  • IndiaFirst Life MD & CEO: M. Vishakha;
  • IndiaFirst Life Headquarters: Mumbai, Maharashtra;
  • IndiaFirst Life Founded: 16 November 2009.

Summits and Conferences

The 4th General Assembly of the International Solar Alliance begins

The Fourth General Assembly of the International Solar Alliance (ISA) has been organized virtually between October 18 and 21, 2021.

The Assembly will be presided over by President of the ISA Assembly RK Singh, who is also the Union Minister for New and Renewable Energy.

Ranks and Reports

WHO Global TB report for 2021: India worst-hit country in TB elimination

The World Health Organisation (WHO) has released the ‘Global TB report for 2021, where it highlighted the effects of COVID-19 which led to a huge reversal in the progress of Tuberculosis (TB) elimination.

The report also mentioned India as the worst-hit country in TB elimination, where the detection of new TB cases saw a huge impact in 2020.

A dramatic reduction of 20% TB cases was witnessed in 2020 as compared to 2019, ie; a gap of 4.1 million cases. The progress in TB detection has gone back to the levels of 2012, with India accounting for 41% of the total case drops in 2020.

Useful notes for all competitive exams:

  • WHO Established: 7 April 1948;
  • WHO Director General: Dr Tedros Adhanom Ghebreyesus;
  • WHO Headquarters: Geneva, Switzerland.

India ranks 40th in 2021 Mercer CFS Global Pension Index survey

Mercer Consulting, a leading global management consulting firm, has released the 13th edition of the Mercer Global Pension Index (2021 MCGPI).

India has been ranked at 40th position out of 43 countries in the 2021 Mercer CFS Global Pension Index survey. In 2020, India was ranked at 34th position out of 39 pension systems.

Iceland has topped this ranking with an index value of 84.2 followed by the Netherlands with 83.5  and Norway with 82.0. India had an overall index value of 43.3. Thailand had the lowest overall index value at 40.6. The 2021 MCGPI, has added 4 new retirement systems: Iceland, Taiwan, UAE, and Uruguay.

Science and Technology

NASA launches Lucy Mission to study the Jupiter Trojan asteroids

The US space agency NASA has launched a first-of-its-kind mission called ‘Lucy Mission‘ to study Jupiter’s Trojan asteroids.

The mission life of Lucy is 12-year, during which the spacecraft will fly by a total of eight ancient asteroids to study about solar system’s evolution. These will include one main-belt asteroid and seven Jupiter Trojan asteroids.

The Lucy mission will mark NASA’s first single spacecraft mission in history to explore so many different asteroids.

The Lucy probe was launched on a United Launch Alliance (ULA) Atlas V rocket from Space Launch Complex 41 at Cape Canaveral Space Force Station in Florida on October 16, 2021.

Jupiter’s Trojan asteroids are two large clusters of space rocks that scientists believe are remnants of the primordial material that formed the solar system’s outer planets.

Useful notes for all competitive exams:

  • NASA administrator: Bill Nelson.
  • Headquarters of NASA: Washington D.C., United States.
  • NASA Founded: 1 October 1958.

China launched 1st Solar Exploration Satellite

China has successfully launched its 1st solar exploration satellite into space from the Taiyuan Satellite Launch Center in northern Shanxi Province aboard a Long March-2D rocket.

The satellite was named ‘Xihe’ (Xihe is the goddess of the sun who created the calendar in ancient Chinese mythology), also known as the Chinese Hα Solar Explorer (CHASE). The satellite has been developed by the China Aerospace Science and Technology Corporation (CASC).

Useful notes for all competitive exams:

  • China Capital: Beijing;
  • China Currency: Renminbi;
  • China President: Xi Jinping.

Sports

India’s Bhavani Devi wins Charlellville National Competition in France

Fencer Bhavani Devi, who made history at the Tokyo Olympics by becoming the first Indian to compete in the sport at the Games, has won the Charlellville National Competition in France in the individual women’s saber event.

She is currently ranked 50th in the world and is the top-ranked fencer from India. She is eyeing a good show at the 2022 Asian Games and has started preparing for the multi-discipline sporting extravaganza.

China and Indonesia won Uber Cup and Thomas Cup Respectively

China beat Japan 3-1 in a thrilling Uber Cup final in Aarhus, Denmark, to reclaim the Uber Cup title. This is China’s 15th Uber Cup title win in 19 finals.

The match pivoted on the longest match in the Uber Cup history when Chen Qing Chan and Jia Yi Fan won their doubles match.

Indonesia lifted the Thomas Cup trophy for the first time since 2002 after defeating the defending champions China 3-0 in the final match held in Aarhus, Denmark.

Uber and Thomas Cup are the biennial international badminton championship played by the women and men’s national teams of the members of the Badminton World Federation.

Useful notes for all competitive exams:

  • Badminton World Federation Founded: 5 July 1934;
  • Badminton World Federation President: Poul-Erik Hoyer Larsen;
  • Badminton World Federation  Headquarters: Kuala Lumpur, Malaysia.

Books and Authors

A book ‘Sir Syed Ahmad Khan: Reason, Religion And Nation’ by Prof Shafey Kidwai

Sahitya Akademi awardee Professor Shafey Kidwai has authored a new book titled “Sir Syed Ahmad Khan: Reason, Religion And Nation”.

The objective of the book is to analyze Sir Syed Ahmad Khan the founder of Mohammedan Anglo-Oriental College that grew into Aligarh Muslim University.

The book is published by Routledge India. The foreword of the book is written by professor Irfan Habib. The book was released ahead of the 204th birth anniversary (17th October 2021) of Sir Syed Ahmad Khan.

Gulzar pens book titled “Actually… I Met Them: A Memoir”

Legendary Indian poet-lyricist-director Gulzar has come out with his new book title “Actually… I Met Them: A Memoir”. In a memoir published by the publishing group Penguin Random House India.

In this book, Gulzar has shared many interesting unknown facts about legends like Kishore Kumar, Bimal Roy, Ritwik Ghatak, Hrishikesh Mukherjee, and Mahasweta Devi, among others.


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