Daily Current Affairs and GK | 13 October 2021

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Topic: Personality in News

1. National Award-winning actor Nedumudi Venu passes away at 73.

  • Veteran actor Nedumudi Venu died at the age of 73 in Thiruvananthapuram. He was suffering from liver-related ailments.
  • He made his debut in films with Thambu, directed by G Aravindan in 1978. He worked in more than 500 Tamil and Malayalam movies.
  • He had won three National Film Awards, and six Kerala State Film Awards for his performances.
  • Aravam, Vidaparayum Munpe, Kallan Pavithran, Chamaram, Bharatham are some of his best films.

National Award winning actor Nedumudi Venu

(Source: News on Air)

Topic: Sports

2. FIFA unveils ‘Ibha’- official mascot of U-17 2022 Women's World Cup.

  • FIFA has unveiled Ibha, the official mascot of the U-17 Women's World Cup India 2022. Ibha is an Asiatic lioness representing women’s power.
  • Ibha aims to inspire women and girls across India and around the world to realize their potential.
  • The FIFA U-17 2022 Women's World Cup will be organized in India from October 11-30 in 2022.
  • Ibha symbolizes courage and strength, which are the core qualities of every woman.
  • All India Football Federation President and Local Organising Committee (LOC) will host the FIFA U-17 2022 Women's World Cup.

FIFA:

It is the highest international governing body of association football.

It was founded in 1904.

Its headquarters is located in Zurich, Switzerland.

Gianni Infantino is the current President of FIFA.

 

 

Topic: Indian Economy

3. As per projection by IMF, India will continue to be the world’s fastest growing major economy.

  • IMF has projected that India will continue to be the world's fastest growing major economy with a growth rate of 9.5 % in 2021.
  • IMF has projected that Indian economy will grow at 8.5 % in 2022. According to IMF, world economy will grow at 5.9% in 2021 and 4.9% in 2022.
  • United States is projected to grow at 6% in 2021 and 5.2 % in 2022. China, on the other hand, is projected to grow at 8 % this year and 5.6 % next year.

International Monetary Fund (IMF):

IMF is an international organization. It is designed to promote global monetary cooperation.

Its headquarters is located in Washington DC. It was established in 1944.

The Managing Director of IMF is Kristalina Georgieva. It has 190 members.

Topic: Agriculture

4. The proposal of Department of Fertilizers for fixation of NBS Rates for P&K Fertlisers for 2021-22 approved by CCEA.

  • The proposal of the Department of Fertilizers for fixation of Nutrient Based Subsidy (NBS) Rates for Phosphatic and Potassic (P&K) Fertilizers for 2021-22 has been approved by Cabinet Committee on Economic Affairs (CCEA).
  • Special one-time package for additional subsidy on Di-Ammonium Phosphate (DAP) at the tentative cost of Rs 5,716 crore has also been provided.
  • The CCEA has also approved the inclusion of Potash derived from Molasses under the NBS Scheme. Net subsidy required for Rabi 2021-22 will be Rs 28, 655 crore.
  • The decision will enable smooth availability of all P and K fertilizers to the farmers during Rabi Season 2021-22 at the subsidized prices.
  • Government makes available fertilizers, namely Urea and 24 grades of P&K fertilizers to farmers at subsidized prices through fertilizer manufacturers/ importers.
  • The subsidy on P&K fertilizers is being governed by NBS Scheme with effect from 01.04.2010.

Topic: National News

5. Cabinet approved affiliation of 100 Schools with Sainik School Society.

  • Recently, Union Cabinet has approved the affiliation of 100 Schools in the government and private sector with the Sainik School Society.
  • From the academic year 2022-23, around 5000 students will get admission in class six in such 100 affiliated schools.
  • At present, the existing 33 Sainik Schools have an admission capacity of approximately three thousand students in class six.
  • In the National Education policy, the government has decided to increase focus on value-based education. It will help in developing discipline, sense of national duty and patriotism among children.
  • Union Cabinet also approved the Atal Mission for Rejuvenation and Urban Transformation 2.0 (AMRUT 2.0) till 2025-26.
  • AMRUT 2.0 aim is universal coverage of water supply to households through tap connections in all four thousand 378 statutory towns.
  • Union Cabinet also approved the continuation of Swachh Bharat Mission (Urban) till 2025-26. The Government has allocated one lakh 41 thousand 600 crore rupees for Swachh Bharat Mission (Urban) 2.0.

Topic: MoUs/Agreements

6. Karnataka government signs MoU with NASSCOM to provide skill training to students.

  • The Karnataka State Higher Education Council signed an MoU with the National Association of Software and Service Companies to provide skill training to students.
  • Every year the MoU will benefit over five lakh students studying in the institutions of higher learning in Karnataka.
  • The skill training courses have been designed as per the national occupational standards of the National Skills Qualification Framework.
  • Faculties and students can access the course materials online. The MoU will help students in learning artificial intelligence and cyber security.
  • Under the MoU, the courses of Digital Fluency, Artificial Intelligence, and Cyber Security will become part of the curriculum.

National Association of Software and Service Companies (NASSCOM):

It was established in 1988.

It is a non-governmental trade association of the Indian software industry.

It is a not-for-profit industry association.

Rekha M.Menon is the current chairman.

Topic: Infrastructure and Energy

7. World's first automated, driverless train unveiled in Germany.

  • Deutsche Bahn (DB), in partnership with Siemens Mobility, has developed the world’s first fully automated driverless train in Germany.
  • The train has been developed under the Digital S-Bahn Hamburg project, which is part of DB’s Digital Rail Germany project.
  • Automated trains will allow operators to run more trains on a single line. It will create a more efficient and precise system for running trains.
  • Four driverless trains will join the northern city's S-Bahn rapid urban rail network and it will start carrying passengers from December.
  • The automated trains can transport 30 percent more passengers and can save more than 30 percent of energy.

Topic: Space and IT

8. Indian Technology Congress Association Bengaluru launched 75 Students’ Satellites Consortium: Mission 2022 programme.

  • Indian Technology Congress Association, Bengaluru launched the 75 Students’ Satellites Consortium: Mission 2022 programme to commemorate the 75 years of Indian Independence.
  • Under the mission, a consortium of 75 students will develop Satellites to be launched by ISRO.
  • Indian Technology Congress Association has collaborated with TMISAT of Israel, CSPD Serbia, and UNISEC of Japan to launch the student-built satellite by 2022.
  • The initiative is inspired by the prime minister’s ‘Gaganyaan Space mission 2022.
  • Indian Technology Congress Association is a Defense & Space company and headquartered in Bengaluru.
  • It was founded in 2012 as a non-profit association.

Topic: Miscellaneous

9.  Adani Group takes over management of Jaipur International Airport.

  • Adani Group has taken the management of the Jaipur International Airport from the Airports Authority of India (AAI).
  • The company will work on the operations, management, and development of the Jaipur airport through PPP mode.
  • The government has leased out the airport to Adani Group for a period of 50 years.
  • Airport director J S Balhara handed over a symbolic key of the airport to Chief Airport Officer Adani Jaipur International Ltd Vishnu Jha.
  • Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. It was founded by Gautam Adani in 1988.

Jaipur Airport:

Jaipur airport is the 11th busiest airport in India.

The airport was granted the status of the international airport on 29 December 2005.

It is the only international airport in the state of Rajasthan.

Topic: Important Days

10. International Day for Disaster Risk Reduction: 13 October

  • International Day for Disaster Risk Reduction is held every year on 13 October.
  • This day celebrates how people and communities around the world are reducing their exposure to disasters.
  • It was started in 1989 after a call by UN General Assembly to promote a global culture of risk-awareness and disaster reduction.
  • International Day for Disaster Risk Reduction 2021 edition focuses on International cooperation for developing countries to reduce their disaster risk and disaster losses.
  • This is sixth of the seven global targets of the Sendai Framework for measuring progress on reducing disaster risk and losses.

Sendai Framework for Disaster Risk Reduction (2015-2030):

It was adopted at the Third United Nations World Conference on Disaster Risk Reduction in 2015.

It was the first major agreement of the post-2015 development agenda and provides the member states with concrete framework to protect development gains from the risk of disaster.

Topic: Summits/ Conferences/ Meetings

11. PM Modi participated virtually in the G20 Extraordinary Summit on Afghanistan.

  • On 12 October, PM Modi participated virtually in the G20 Extraordinary Summit on Afghanistan.
  • Italy had convened this meeting and Italian Prime Minister Mr. Mario Draghi chaired it.
  • Italy currently holds the G20 Presidency. PM Modi welcomed initiative of Italian G20 Presidency in convening the meeting to take stock of current situation in Afghanistan.
  • He recalled that more than 500 development projects have been implemented by India in Afghanistan.
  • He called for an inclusive administration in Afghanistan that includes women and minorities.

G20:

It was formed in 1999. Mario Draghi is its Chairman. It consists of 19 countries and the European Union.

The 19 countries are Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, the Russian Federation, Saudi Arabia, South Africa, South Korea, Turkey, the UK, and the US.

Topic: Corporates/Companies

12. Power Finance Corporation accorded 'Maharatna' status by government.

  • Power Finance Corporation (PFC) has been accorded 'Maharatna' status by government.
  • Department of Public Enterprises, under the Ministry of Finance has issued order to this effect.
  • Government has given PFC greater operational and financial autonomy by according 'Maharatna' status.
  • The grant of 'Maharatna' status to PFC will give enhanced powers to PFC’s Board while taking financial decisions.
  • The board of Maharatna CPSEs can make equity investments for financial joint ventures and wholly owned subsidiaries. It can undertake mergers and acquisitions in India and abroad.
  • However, this is subject to a ceiling of 15% of the net worth of the concerned CPSE, limited to Rs 5,000 crore in a single project.
  • RS Dhillon, Chairman and Managing Director, PFC said that PFC has been accorded 'Maharatna' status due to its exceptional financial performance during the last three years.

Power Finance Corporation Ltd (PFC):

Power Finance Corporation Ltd (PFC) was formed in 1986. It is headquartered in New Delhi. Rural Electrification Corporation (REC) is its subsidiary.

PFC is the largest infrastructure finance company dedicated to the power sector. It is under the administrative control of the Ministry of Power.

Topic: Personality in News

13. IFFCO chairman Balvinder Singh Nakai passes away at the age of 87.

  • IFFCO chairman Balvinder Singh Nakai passed away recently at the age of 87.
  • IFFCO said that he was involved in strengthening the Indian cooperative movement for the past three decades.
  • Cooperation Minister Amit Shah conveyed deepest condolences to his bereaved family.

Indian Farmers Fertiliser Cooperative Limited (IFFCO):

It is a multi-state cooperative society. It is engaged in the business of manufacturing and marketing of fertilizers.

It is headquartered in New Delhi. It was founded on 3 November 1967.

 

 

 

 

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