National

National

Task Force launched to address skill gaps in India

A task force was constituted by the Union ministry of skill development and entrepreneurship in collaboration with World Economic Forum for addressing the skill gap in the country.

Ministry of Skill Development and Entrepreneurship:

♦  Union Ministry: Shri Dharmendra Pradhan.

♦  Minister of State: Shri Anantkumar Hegde

  Secretary: Dr. K.P. Krishnan.

 

Bill to tackle Cybercrime, Sexual Offences & unlawful acts in Telangana got assent from President

The name of the act is: the Telangana Prevention of Dangerous Activities of Bootleggers, Dacoits, Drug-Offenders, Goondas, Immoral Traffic Offenders and Land-Grabbers (Amendment) Bill, 2017.

Telangana :

♦ Capital: Hyderabad.

♦ Chief Minister: K. Chandrasekhar Rao.

♦ Governor: E.S.L. Narasimhan.

♦ National Park: Mahavir Harina Vanasthali National Park, Kasu Brahmananda National Park, Mrugavani National Park, Kawal Wildlife Sanctuary.

 

‘JIMEX 18’: 3rd edition of India-Japan bilateral maritime exercise began at Visakhapatnam

The 3rd edition of Japan-India Maritime Exercise (JIMEX) commenced at Visakhapatnam. It will be a week long exercise concluding on October 15, 2018.

Indian side is represented by : INS Satpura, INS Kadmatt, INS Shakti, one submarine, P8I Long Range Maritime Patrol Aircraft, under the command of Rear Admiral Dinesh K Tripathi, Flag Officer Commanding, Eastern Fleet.

Japanese Side is represented by: Japanese Maritime Self Defence Force (JMSDF) Ships Kaga, an Izumo Class Helicopter Destroyer and Inazuma , under the command of Rear Admiral Tatsuya Fukada, Commander, Escort Flotilla-4 (CCF-4).

Japan:

♦ Capital: Tokyo.

 Currency: Japanese yen.

♦ Prime Minister: Shinzo Abe.

 

Chief Minister’s Sashakt Kisan Yojana and Chief Minister’s Krishi Samuh Yojana launched in Itanagar by Arunachal Pradesh govt

Arunachal Pradesh Government launched 2 schemes called- the Chief Minister’s Sashakt Kisan Yojana and Chief Minister’s Krishi Samuh Yojana in Itanagar.

Arunachal Pradesh:

♦ Chief Minister: Pema Khandu.

♦ Governor: B.D. Mishra.

♦ Capital: Itanagar.

♦ National Parks: Namdapha National Park, Mouling National Park.

 

Sumitra Mahajan inaugurated Commonwealth Parliamentary Conference of India Region, Zone III in Guwahati

Lok Sabha Speaker Sumitra Mahajan inaugurated the Commonwealth Parliamentary Conference of India Region, Zone III in Guwahati.

International

International

“Quintero One”: World’s First Full-Scale Hyperloop Passenger Capsule Unveiled

US-based Hyperloop Transportation Technologies or HyperloopTT launched the first full-scale transportation capsule which will be operational in 2019.

HyperloopTT:

♦  Co-founder & CEO: Dirk Ahlborn.

♦  Chairman & Founder: Bibop Gresta.

♦  Headquarters: California, USA.

 

Kamandag: Japan military joins historic Philippine war games for the first time since WWII

Japan joined the joint exercise codenamed- ‘Kamandag’(venom) with US and Filipino troops in the Philippines for the first time since World War II.

 

Banking&Finance

Banking & Finance

RBI proposed Voluntary Retention Route to attract long-term investment from FPIs

RBI in consultation with the government and the Securities and Exchange Board of India (Sebi), proposed a flexible route for FPIs to invest in debt markets.
The route is called: voluntary retention route (VRR).

UNCTAD expects India’s GDP to rise 7% in 2018


UNCTAD
 in its ‘Trade and Development 2017’ report predicted India’s GDP to grow to 7% in 2018.

UNCTAD:

♦  Full Form: United Nations Conference on Trade and Development

♦  Headquarters: Geneva, Switzerland.

♦  Secretary- General: Mukhisa Kituyi.

 

World Bank: East Asia-Pacific to grow 6.3% in 2018

The World Bank released its East Asia and Pacific economy update October 2018 edition.

World Bank:

♦  Headquarters: Washington D.C., USA.

♦  Membership: 189 countries.

♦  President: Jim Yong Kim.

 

India’s growth Projection is 7.3 per cent in the 2018-19 fiscal and 7.5 per cent in 2019 & 2020: WB

World Bank in its South Asia Economic Focus ‘Budget Crunch’ report released the projection of GDPs of various countries.

It stated that India’s GDP growth is expected to touch 7.3% in 2018-19.

The main reasons for the growth are:

GST,

Recapitalisation of Banks,

Stronger private spending and

Export growth.

 

Flipkart teams up with Bajaj Allianz to offer insurance for smartphones

Flipkart enters into pact with Bajaj Allianz to provide insurance to customers buying smartphones from its platform.

Insurance Regulatory and Development Authority (IRDAI) gave Flipkart the license to go on a pact with Bajaj Allianz General Insurance for the scheme.

Flipkart:

♦  Headquarters: Bengaluru

 

Sports

Sports

India defeats Sri Lanka by 144 runs to lift U-19 Asia Cup title

India won the Under-19 Asia Cup, at the Sher-e-Bangla National Cricket Stadium in Dhaka, Bangladesh.

India’s Keerthana Pandian wins girls’ title in IBSF World U-16 Snooker Championships
India’s Keerthana Pandian has won the girls’ title in the IBSF (International Billiards & Snooker Federation) World Under-16 Snooker Championships, in St Petersburg, Russia.

About International Billiards & Snooker Federation (IBSF):

♦  President – Mubarak Al-Khayarin

♦  Headquarters – Doha, Qatar

 

Indian pair win U-15 girls doubles title in Badminton Asia Junior U-17 & U-15 championships

Indian pair of Meghana Reddy and Tasnim Mir won the Under-15 girls doubles title in the Badminton Asia Junior Under-17 and Under-15 championships, at Mandalay, Myanmar.

Deborah Herold wins gold medal in elite women’s 40 km competition at Saksham Pedal Delhi
Deborah Herold won gold medal in the elite women’s 40 kilometre competition at Saksham Pedal Delhi, India’s Premier Cyclothon.

 

Miscellaneous

Awards & Honours

Nepal bags tourism awards at 14th Annual Travel Awards ceremony held in New Delhi

At the 14th Hospitality India and Explore the World Annual International Travel Awards 2018 held in New Delhi, Nepal won the tourism award.

The award ceremony was organised to honour the best-in-class in the field of Tourism and Hospitality Industry Sector in India and Nepal.

The Chandragiri Hills Limited of Nepal got the best tourism destination of Nepal award in the hospitality and tourism sector.

Nepal:

♦  Capital: Kathmandu.

♦  Currency: Nepalese rupee.

 

Ruhaan Rajput bags Mid-day Young Achiever Icons Award 2018

Actor Ruhaan Rajput received the Mid-day Young Achiever Icons Award for 2018 recently in Mumbai.

Appointments

Yes Bank names TS Vijayan & OP Bhatt as external members for MD selection panel

YES Bank appointed former IRDA chief and LIC chairman TS Vijayan and former SBI chief OP Bhatt as external member to a 5 member committee panel.

YES Bank:

♦  Current MD&CEO: Rana Kapoor.

♦  Headquarters: Mumbai.

♦  Tagline: Experience our Expertise.

 

Interpol President Meng Hongwei resigns after detention in China

Meng Hongwei resigned as the President of International Criminal Police Organization (Interpol).

About International Criminal Police Organization (Interpol):

♦  Type – world’s largest international police organization

♦  Member countries – 192

♦  General Secretariat – Lyon, France

 

Important Personalities

Geeta Upalekar, the girl in iconic ‘Glow of Hope’ painting dies at 102

Geeta Upalekar, portrayed in the painting called ‘Glow of Hope’, passed away at her home in Kolhapur, Maharashtra.

The painting ‘Glow of Hope’ was created by Geeta Upalekar’s father SL Haldankar in 1945-46. It is displayed at Jaychama Rajendra Art Gallery, Jaganmohan Palace, Mysuru.

Geeta Upalekar was 102 years old. She was popularly known as the ‘Woman with the Lamp’.

 

Prominent Gandhian Natwar Thakkar passes away

Gandhian Natwar Thakkar died following a short term illness, in Guwahati, Assam.

Natwar Thakkar was 86 years old. He was born in 1932 in the then Bombay Presidency. He was a recipient of Padmashree award.

Since 1955 he had worked among the tribals of Nagaland to spread the message of Mahatma Gandhi. He was popularly known as ‘Nagaland’s Gandhi’.

In 1955, he had set up a “Nagaland Gandhi Ashram” in Chuchuyimlang village in Nagaland.

 

Important Days

World Post Day – October 9

On 9th October 2018, World Post Day was celebrated all over the world.

Key Points:

When: In 1969, October 9 was declared as World Post Day by Universal Postal Union Congress held in Tokyo, Japan. This day commemorates the anniversary of the establishment of the Universal Postal Union in 1874 in Bern, Switzerland.

Why: This day creates awareness about the role of postal sector in the everyday activities of people its contribution to the social and economic development.

Indian Air Force (IAF) celebrates 86th anniversary – October 8

The Indian Air Force (IAF) celebrated its 86th anniversary commemorating its official foundation day.

Key Points:

When: Indian Air Force Day is celebrated to mark the official establishment of Indian Air Force in 1932.

A grand parade-cum-investiture ceremony was held at Air Force station Hindan, Ghaziabad. The parade was reviewed by Air Chief Marshal BS DhanoaChief of the Air Staff.

Thought of the Day

“You are not your resume, you are your work.”


Quiz based on Daily Current Affairs 9th Oct 2018

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