Daily Current Affairs 9 & 10 October 2022 | GK for Bank exams preparation and other competitive exams

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CURRENT AFFAIRS BOOSTER : 9TH & 10TH OCTOBER 2022



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Current Affairs

 

9th & 10th October 2022

 

Top 15 Daily GK Updates: National & International News

Here is the Daily GK Update of the 09th & 10th  October 2022 covering the following news headlines: Indian Foreign Service Day, World Mental Health Day, Pankaj Advani, FIH Player of the Year, Japanese Grand Prix, Garuda Aerospace.

 

National News

 

1.IREDA celebrates “Cyber Jaagrukta Diwas”

To create cybersecurity awareness among all employees, Indian Renewable Energy Development Agency Ltd. (IREDA) observed the “Cyber Jaagrukta Diwas”. On this occasion, Shri Alok Kumar, Information Security Consultant, AKS IT Services, shared his insights with IREDA employees on the practice of cyber hygiene.

Cyber Jaagrukta Diwas is an initiative launched by the Ministry of Home Affairs that requires all government organizations to spread cybersecurity awareness. It is observed on first Wednesday of every month. The purpose is to create awareness and sensitize the Internet users on safeguarding against cyber frauds and cybercrimes.

 

State News

 

2.Chhattisgarh CM Bhupesh Baghel inaugurates Chhattisgarh Olympic

Chhattisgarh chief minister Bhupesh Baghel has inaugurated the state’s own Olympics. The aim is to provide a centerstage to the village level sports so that a feeling of pride for the culture is inculcated.

Secondly, to channelise the energy of the local youths which is very important for our society, Baghel inaugurated the grand multi-sport event at Balbir Singh Juneja Indoor Stadium in Raipur, claiming to revive the age-old-tradition of traditional games namely ‘langdi’, ‘bhaura’, ‘bati’ (kancha), and ‘pitthul’.

The event will continue till January 6, 2023 and as many as 14 types of traditional sports have been included in the team and individual categories of separate age groups.

Important takeaways for all competitive exams:

Chhattisgarh Capital: Raipur;

Chhattisgarh Chief Minister: Bhupesh Baghel;

Chhattisgarh Governor: Anusuiya Uikey.

 

Appointments News

 

3.Indian Cricketer Smriti Mandhana unveiled as Gulf Oil India ambassador

Indian cricket star Smriti Mandhana has signed on as a brand ambassador of lubricant manufacturer Gulf Oil India. India women’s vice-captain joins current men’s cricket ace Hardik Pandya and former captain Mahendra Singh Dhoni as an ambassador for the company.

Through the partnership, Gulf Oil stated that it aims to ‘celebrate women power’ and ‘inspire female audience in the country’, while also honouring the achievements of Indian women cricketers. With this association, Gulf Oil claims to have become the first company in the lubricant space to appoint a woman cricketer as ambassador to represent the organisation and its ethos.

 

Business News

 

4.Former Indian cricket MS Dhoni launches Made-in-India ‘Droni’ camera drone

Former Indian cricket Mahendra Singh Dhoni has launched the made-in-India camera drone named ‘Droni’ with advanced features manufactured by Garuda Aerospace.

Dhoni is the brand ambassador of Garuda Aerospace, a company which has attempted to offer drone solutions for agricultural pesticide spraying, solar panel cleaning, industrial pipeline inspections, mapping, surveying, public announcements, and delivery services. It has ventured into the consumer drone market with ‘Droni’.

Important Takeaways for All Competitive Exams:

Garuda Aerospace’s founder and CEO: Agnishwar Jayaprakash.

 

5.Ease of Doing Business : DPIIT conducts National Workshop

In New Delhi, the Department for Promotion of Industry and Internal Trade (DPIIT) held a national workshop on the topic of “Ease of Doing Business.” Shri Parameswaran Iyer, CEO of Niti Aaayog, gave the keynote speech at the workshop.

The vision of Prime Minister Shri Narendra Modi for ease of living and Ease of doing Business was also discussed by Shri Iyer.

By learning from one another, he stated, the whole of government approach should be achieved.

The prominent panellists emphasised the significance of coordination between the federal and state governments, responsibility distribution among the nodal departments, and effective monitoring as a few pillars that contributed to India’s improvement in the World Bank’s Doing Business Report rankings.

 

Bankings News

 

6.RBI Launches Concept Note To Create Awareness About Central Bank Digital Currency (CBDC)

The Reserve Bank Of India(RBI) has released a concept note on the Central Bank Digital Currency (CBDC). The CBDC is a digital form of currency notes issued by a central bank. While most central banks across the globe are exploring the issuance of CBDC, the key motivations for its issuance are specific to each country’s unique requirements.

This Concept Note explains the objectives, choices, benefits and risks of issuing a CBDC in India, referred to as e-₹ (digital Rupee). The e-₹ will provide an additional option to the currently available forms of money. It is substantially not different from banknotes, but being digital it is likely to be easier, faster and cheaper. It also has all the transactional benefits of other forms of digital money.

 

Economy News

 

7 Gross direct tax collection increases by over 23 % to Rs 8,98,000 crore in current financial year

The gross direct tax collections has increased by over 23 per cent to eight lakh ninety eight thousand crore rupees in the current financial year as compared to last year. Finance Ministry said, the provisional figures of direct tax collections still  continue to register steady growth.

In order to garner income for the government to finance social projects, tax is collected from individuals and corporations via direct tax and indirect tax. These two tax collections form the government’s revenue. Revenue receipts can be of two types — non-tax revenue and tax revenue. Tax revenue is the income gained by the government through taxation.

Tax revenue forms a part of the Receipt Budget, which in turn is part of the Annual Financial Statement of the Union Budget. Union Budget keeps the account of the government’s finances for the fiscal year that runs from April 1 to March 31. Union Budget is classified into Revenue Budget and Capital Budget.

 

Science and Technology News

 

8.ISRO’s Chandrayaan-2 spectrometer maps abundance of sodium on moon for first time

Chandrayaan-2 Orbiter’s X-ray spectrometer ‘CLASS’ has mapped an abundance of sodium on the moon for the first time, as per the Indian Space Research Organisation (ISRO). As Chandrayaan-1’s X-ray Fluorescence Spectrometer (C1XS) detected sodium from its characteristic line in X-rays, this opened up the possibility of mapping the amount of sodium on the Moon.

The abundance of sodium was mapped in a recent work published in ‘The Astrophysical Journal Letters’ for the first time using CLASS (Chandrayaan-2 Large Area Soft X-ray Spectrometer), the national space agency. Built at the U R Rao Satellite Centre of ISRO in Bengaluru, CLASS provides clean signatures of the sodium line thanks to its high sensitivity and performance,”.

Important Takeaways for All Competitive Exams:

ISRO Chairman: S. Somanath;

ISRO’s foundation Date: 15th August, 1969;

ISRO’s Founder: Dr. Vikram Sarabhai.

 

Sports News

 

9.Formula-1 Racing: Red Bull driver Max Verstappen wins F1 Japanese Grand Prix

Red Bull driver Max Verstappen was declared Formula One world champion after winning a dramatic rain-shortened Japanese Grand Prix. This was the 25-year-old Dutchmans second championship in a row, which he won with four races to go.

Red Bull’s Verstappen crossed the line first and he was then awarded the title when second-place finisher Charles Leclerc was given a five-second penalty, dropping him to third.

 

10.Harmanpreet Singh and Felice Albers named FIH Player of the Year

India men’s hockey team defender and vice-captain Harmanpreet Singh has been voted the FIH Player of the Year for the second year running. The 26-year-old became just the fourth player to win the Player of the Year award (men’s category) in consecutive years, joining an elite list that includes Teun De Nooijer (Netherlands), Jamie Dwyer (Australia) and Arthur van Doren (Belgium).

In women’s category: Felice Albers of Netherlands was named the FIH Player of the Year. The 22-year-old became the youngest winner of the FIH Player of the Year award (women’s category) since Germany’s Natascha Keller (1999) and second youngest ever, since the inception of the awards in 1998.

 

11.Pankaj Advani wins his record 25th World title in Kuala Lumpur

Indian cueist, Pankaj Advani defended his World Billiards Championships (150-up) title for the 5th time, beating compatriot Sourav Kothari in the best-of-7 frames final at the High End Snooker Club in Kuala Lumpur, Malaysia for a record 25th title at the global level.

Pankaj’s last world title came over 12 months ago in Qatar where he won the IBSF Six-Red Snooker World Cup.

 

Important Days

 

12.World Mental Health Day 2022 Observed on 10 October

World Mental Health Day is observed on October 10 every year. On this day, various programs are designed to draw attention to mental health issues and their effects on those affected and the lives of their caregivers.

In India, World Mental Health Day is marked on the final day of the Mental Health Awareness Campaign Week campaign, launched last year by the Ministry of Health and Family Welfare.

The theme or rather the slogan for 2022’s celebration of World Mental health Day is “Make mental health & well-being for all a global priority.” World Health Organisation (WHO) mentions that before the COVID-19 pandemic, about one in eight people worldwide suffered from mental issues.

World Federation for Mental Health (WFMH) is a non-governmental organisation founded in 1948. The then WFMH Deputy Secretary General Richard Hunter initiated the first celebration of World Mental Health Day on October 10, 1992. From 1994 onwards, a special theme was selected each year for the global event.

 

13.World Post Day 2022 celebrates on 9th October

World Post Day is celebrated each year on 9 October, the anniversary of the establishment of the Universal Postal Union in 1874 in the Swiss Capital, Bern.

This day celebrates the role of the post in people’s and businesses’ everyday lives. It was declared World Post Day by the UPU Congress held in Tokyo, Japan in 1969. Since then, countries across the world participate annually in the celebrations. The Posts in many countries use the event to introduce or promote new postal products and services.

The theme for World Post Day 2022 is ‘Post for Planet’. The Post is the world’s largest logistics network. Every year, more than 150 countries celebrate World Post Day in a variety of ways. In certain countries, World Post Day is observed as a working holiday.

Important takeaways for all competitive exams:

Universal Postal Union Headquarters: Bern, Switzerland;

Universal Postal Union Founded: 9 October 1874;

Universal Postal Union Director-General: Masahiko Meteko.

 

14.Indian Foreign Service (IFS) Day celebrates on October 9

October 9 is celebrated as Indian Foreign Service Day. On 9 October 1946, the Indian government established the Indian Foreign Service for India’s diplomatic, consular and commercial representation overseas.

Indian Foreign Service (IFS) will grow from strength to strength in the coming years and will help advance India’s interests globally, said External Affairs Minister (EAM) S Jaishankar as he greeted the members of foreign service on the IFS Day 2022.

The history of the Service and this day goes back to September 1946, when, on the eve of India’s Independence, the Government of India decided to create a service called the Indian Foreign Service for India’s diplomatic, consular and commercial representation overseas.

 

Miscellaneous News

 

15.Financing Platform Launched by IFC in response to Global Food Crisis

Financing Platform Launched by IFC: The International Finance Corporation (IFC), the private sector investment arm of the World Bank, has introduced a new, $6 billion funding facility to boost the private sector’s capacity to respond to the Global Food crisis and aid in food production in response to mounting food insecurity.

Rising levels of hunger and malnutrition (Global Food Crisis) have already been made worse by climate change and increasingly extreme weather events that are destroying harvests and lowering yields. The conflict in Ukraine and an unequal worldwide recovery from the COVID-19 pandemic have exacerbated to this trend.

Using the $6 billion and IFC (International Finance Corporation)’s sectoral experience in agribusiness, manufacturing, infrastructure, technology, the financial industry, and trade financing, private sector businesses along the food value chain will be supported.

The Financing Platform Launched by IFC (International Finance Corporation) will add to the World Bank ‘s $30 billion pledge to address the food crisis.


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