Current Affairs Today 23rd October 2019-Download in PDF

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Current Affairs Today – 23rd October 2019

FINANCE AND ECONOMY

IRDAI imposes penalty of Rs 1.01 crore on Cholamandalam MS GIC

  • The Insurance Regulatory and Development Authority of India has imposed penalties of Rs 1.01 crore on Cholamandalam MS GIC. 
  • The insurer was penalised for violations observed during an inspection.
  • The penalty of Rs 1 crore is for violation of Clause 15 of Schedule I of IRDA (Health Insurance) Regulations, 2013 which clearly specifies that no commission shall be payable to any intermediary on the acceptance of a ported policy.
  • The other penalty of Rs 1 lakh is for motor insurance and was for violating the outsourcing guidelines by agreeing to payment terms not in the interests of the insurer.

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IRDAI: The Insurance Regulatory and Development Authority of India is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India.

  • Founded: 1999
  • Sector: Insurance
  • Headquarters: Hyderabad
  • Type: Statutory corporation
  • Chairperson: Subhash Chandra Khuntia

NATIONAL CURRENT AFFAIRS

IIM Kozhikode & MRPL to support women entrepreneurs

  • IIM Kozhikode and Mangalore Refineries and Petrochemicals Ltd. have announced a special drive Labelled as “La Eve (meaning The Woman)” to support women entrepreneurs in the country. 
  • The initiative aims to identify innovative, promising women-founded start-ups to provide a comprehensive start-up support programme. 
  • The initiative would be steered by the institute’s entrepreneurship development centre, Laboratory for Innovation, Venturing and Entrepreneurship or IIMK LIVE.

India to celebrated silver Jubilee of Pulse Polio Programme on 31 October

  • The month of October 2019 marks 25 years of Pulse Polio Programme in India. 
  • The Silver Jubilee of the Pulse Polio Programme is to be celebrated on 31 October 2019. Ministry of Health & Family Welfare is to organize an event at Dr. Ambedkar International Center, Janpath, New Delhi.

STATE CURRENT AFFAIRS

No govt. jobs in Assam for people with more than two children

  • The State Cabinet of Assam has decided to make government jobs out of bounds for people with more than 2 children. The policy will come into effect from January 1, 2021.
  • The Cabinet also adopted a new land policy that will make the landless indigenous people eligible for 3 bighas (43,200 sq. ft.) of land for farming and half a bigha for constructing a house. 
  • The beneficiary will be able to sell the given land only after 15 years of use.

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Assam

  • Capital: Dispur
  • Chief Minister: Sarbananda Sonowal
  • Governor: Jagdish Mukhi
  • National Park: Dibru-Saikhowa NP, Kaziranga NP, Manas NP, Nameri NP, Rajiv Gandhi Orang NP

AP approves Rs.2,500 crore proposals for infrastructure development

  • The Arunachal Pradesh State government’s Cabinet Committee for Infrastructure (CCI) approved proposals worth Rs.2,500 crore for infrastructure development of the remote north-eastern state. 
  • The approval was decided at a CCI meeting chaired by Chief Minister Pema Khandu.
  • The approval will take up capital works pertaining to various departments across the state.

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Andhra Pradesh:

  • Capital: Amravati
  • Chief Minister: Y. S. Jaganmohan Reddy
  • Governor:  Biswabhusan Harichandan

SUMMITS AND CONFERENCES

1st India-Bangladesh Stakeholders’ meet in Guwahati

  • The 1st India-Bangladesh Stakeholders’ meet was held in Guwahati. Bangladesh was represented by Commerce Minister Tipu Munshi. 
  • India is the second-largest trading partner of Bangladesh.
  • A 70-member delegation from Bangladesh is participating in the meet, while a similar top-level team will represent the host nation. 
  • The idea of the meet is to put Assam at the focus point of India’s trade expansion with the Association of Southeast Asian Nations as well as Bangladesh, Bhutan, and Nepal.

Extra Shots:

Bangladesh (Capital/Currency): Dhaka/Taka

  • Prime Minister: Sheikh Hasina

Bi annual Fertilizer Application Awareness Program was held in New Delhi

  • The bi-annual Fertilizer Application Awareness Program was held at Pusa in New Delhi on 22 October. 
  • The program was jointly inaugurated by the Union Minister for Agriculture and Farmers’ Welfare Shri Narendra Singh Tomar and Union Minister for Chemical and Fertilizers Shri D. V. Sadananda Gowda. 
  • The program is organized before Kharif and Rabi season each year with the help of State Governments.

RANKS AND INDICES

IIT-Bombay again tops this year’s QS India University Rankings 2020

  • The latest 2 edition of Quacquarelli Symonds (QS) India University Rankings 2020 released.
  •  The Indian Institute of Technology Bombay (IITB) has again topped all Indian Institutes in the list with an overall score of 88.5 followed by IISc- Indian Institute of Science, Bangalore (ranked 2 with 84.7 score) & Indian Institute of Technology Delhi (IITD),which has improved a notch to rank 3 with 82.2 scores.

AGREEMENTS AND MOU SIGNED

AYUSH, Defence ministries ink MoU to provide traditional medicine services

  • The AYUSH ministry has signed an MoU with the Defence Ministry to provide traditional medicine services at the armed forces’ hospitals and dispensaries. 
  • Minister of State for AYUSH Shripad Naik inaugurated an Ayurveda Palliative Care Unit at the Base Hospital in the Delhi Cantonment.
  • Under the MoU, Ayurveda units will also be established at palliative care centres at the Army Research and Referral Hospital, Air Force Hospital, Hindon in Ghaziabad and five identified ex-servicemen Contributory Health Scheme (ECHS) polyclinics in Delhi–NCR.

APPOINTMENT

Sourav Ganguly take Charges as new BCCI President

  • One of India’s most decorated captains Sourav Ganguly takes over as the 39th President of the Board of Control for Cricket in India (BCCI). 
  • Ganguly is the unanimous nomination for the post of BCCI President along with Union Home Minister Amit Shah’s son Jay Shah as the Secretary. 
  • Mahim Verma of Uttarakhand is the new Vice President of BCCI.

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BCCI: The Board of Control for Cricket in India is the national governing body for cricket in India. The board was formed in December 1928 as a society, registered under the Tamil Nadu Societies Registration Act.

  • President: C.K. Khanna
  • CEO: Rahul Johri
  • Headquarters: Mumbai
  • Women’s coach: W. V. Raman
  • Secretary: Amitabh Choudhary

Pankaj Kumar appointed as new CEO of UIDAI

  • The Government of India appointed IAS officer Pankaj Kumar as the new CEO of the Unique Identification Authority of India (UIDAI). 
  • He is currently Additional Secretary in the Ministry Of Electronics and IT.
  • The UIDAI is a statutory authority established under the provisions of the Aadhaar Act, 2016 by the government under the Ministry of Electronics and Information Technology, with the mandate to issue Unique Identification numbers (UID), or Aadhaar, to all residents of India to eliminate duplicate and fake identities.

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UIDAI:

  • Headquarters: New Delhi
  • Founder: Government of India
  • Founded: 28 January 2009, India
  • Key person: Ajay Bhushan Pandey

Godavarthi Venkata Srinivas elected as the next Ambassador of India to the Republic of Cabo Verde

  • The Ministry of External Affairs notified that Godavarthi Venkata Srinivas (IFS:1993), presently Ambassador of India to the Republic of Senegal, has been concurrently accredited as the next Ambassador of India to the Republic of Cabo Verde. 
  • He will replace Rajeev Kumar.

Ashok Malik appointed as Policy Advisor in MEA

  • Ashok Malik has been appointed as the Policy Advisor in the External Affairs Ministry in the rank of Additional Secretary. 
  • The Distinguished Fellow of the prominent think tank Observer Research Foundation (ORF) will have a 2-year tenure.
  • Ashok Malik has previously served as the Press Secretary to President Ram Nath Kovind from August 1, 2017 to July 31, 2019.

Tuhin Kanta Pandey appointed as secretary of DIPAM

  • The government has appointed Tuhin Kanta Pandey as secretary of the department of investment and public asset management (DIPAM). 
  • He will replace Anil Kumar Khachi. 
  • The appointment of Mr. Pandeywas approved by the Appointments Committee of the Cabinet (ACC). 
  • The appointment comes during a time when the government has lined up several high profile strategic sales as well as stake sale in state-run carrier Air India.

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DIPAM: DIPAM functions under the Ministry of Finance. It is responsible for the systematic policy approach to disinvestment and privatization of Public Sector Units (PSUs).

  • DIPAM – Department of Investment and Public Asset Management 
  • Headquarters: New Delhi, India
  • Minister responsible: Nirmala Sitharaman
  • Secretary: Neeraj Kumar Gupta

SPORTS CURRENT AFFAIRS

2024 Olympic Games logo unveiled in Paris

  • The logo for the Paris 2024 Olympic Games unveiled at a ceremony in the French capital.
  • The circular design with Paris 2024 in the art deco style which was in vogue in 1924 when Paris last hosted the Games, also incorporates the lips and outline of Marianne, the personification of the French Republic since the revolution in 1789.

Extra Shots:

France (Capital/Currency): Paris/Euro

  • President: Emmanuel Macron
  • Prime Minister: Édouard Philippe

Bengal Warriors wins 7th season of Vivo Pro Kabaddi League 2019

  • In the final of 7th season of Vivo Pro Kabaddi League 2019, Bengal Warriors won their first title by defeating Dabang Delhi by 39-34 at the EKA Arena by TransStadia in Ahmedabad, Gujarat.
  • Most Valuable Player award of the League was bagged by Naveen Kumar from Dabang Delhi.
  • Best raider to Pawan Kumar Sherawat from Bengaluru Bulls.
  • Best defender award to U Mumba’s Fazel Atrachali and New Young Player of the season to UP (Uttar Pradesh) Yoddha’s Sumit.

Anandan wins 2 golds at the 7th CISM World Military Games

  • Para-athlete Anandan Gunasekaran has won 2 gold medals at the 7th CISM World Military Games held in Wuhan, China. 
  • He won the medal in the disabled men’s 100m and 400m IT1 events.
  • Gunasekaran finished the 100m race in 12 seconds and won India’s 1st medal in the ongoing Games. 
  • He clinched his 2nd gold clocking 53.35s in the disabled men’s 400m IT1 event.

Graeme Smith has been elected as MCC Honorary Life Member

  • Former South Africa skipper Graeme Smith has been elected an Honorary Life Member of the Marylebone Cricket Club (MCC). 
  • Smith has an impressive record in One-Day International, scoring 6,989 runs including ten centuries and also became South Africa’s youngest ever captain at 22.
  • Former Australian off-spinner Tim May was also awarded Honorary Life Membership in recognition of his outstanding achievements in cricket.
  • The pair follows Paul Collingwood, AB de Villiers, Mitchell Johnson and Adrian Morgan in being awarded Honorary Life Membership of MCC in 2019.

Extra Shots:

MCC: Marylebone Cricket Club is a cricket club founded in 1787 and based since 1814 at Lord’s Cricket Ground, which it owns, in St John’s Wood, London, England. The club was formerly the governing body of cricket in England and Wales and, as the sport’s legislator, held considerable global influence.

  • CEO: Derek Brewer 
  • Headquarters location: London, United Kingdom

DEFENCE CURRENT AFFAIRS

DRDO starts work on ‘next-gen’ hypersonic weapon

  • The Defence Research and Development (DRDO) has started work to produce hypersonic weapon missiles that travel at 5 times speed of sound, or a little over a mile every second.
  •  A wind tunnel to test and fine-tune the technology will be operational soon.
  • Hypersonic weapons are specifically designed for increased survivability against modern ballistic missile defence systems. 
  • These missiles are capable of delivering conventional or nuclear payloads at speeds not imagined hiterto over long ranges.

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DRDO: The Defence Research and Development Organisation is an agency of the Government of India, charged with the military’s research and development.

  • Founded: 1958
  • Headquarters: New Delhi
  • Motto: बलस्य मूलं विज्ञानम्; “Strength’s Origin is in Science” (Sanskrit)
  • Chairman: Dr G. Satheesh Reddy

AWARDS

YES Bank won the DigiDhan Mission Digital Payments Award

  • YES Bank won the DigiDhan Mission Digital Payments Award 2018-19 for the Overall Performance in Digital Payments. Union Minister of Communication, Electronics & IT, and Law & Justice Ravi Shankar Prasad presented the award at the MeitY Startup Summit 2019 held in Delhi.
  •  The award recognized the bank’s leadership in the Digital Payment space that was backed by robust innovation and technology frameworks.

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YES Bank: YES Bank is India’s fourth-largest private sector bank (PSB). It provides a complete range of products, services, and technology-driven digital offerings, catering to corporate, Ministry of Micro, Small and Medium Enterprises (MSME), and retail customers.

  • Founded on: 2004
  • Chairman: Brahm Dutt
  • CEO: Rana Kapoor
  • Headquarter: Mumbai

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