Current Affairs Today 5th October 2019-Download in PDF

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Current Affairs Today – 5th October 2019

IMPORTANT DAYS AND THEMES

World Teachers’ Day: 5 October

  • World Teachers’ Day or International Teachers’ Days is celebrated on October 5.
  • The aim of World Teacher’s Day is to acknowledge the significant role of educators across the world.
  • It commemorates the anniversary of the adoption of UNESCO’s 1966 recommendation concerning the status of teachers.
  • This year’s theme: ‘Young Teachers: The future of the Profession’.
  • The UNESCO adopted the recommendation concerning the Status of Higher-Education Teaching Personnel in 1997 to complement the 1966 recommendation by covering teaching and research personnel in higher education.

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UNESCO: The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations based in Paris, France.

  • Headquarters: Paris, France
  • Head: Audrey Azoulay
  • Founded: 16 November 1945, London, United Kingdom
  • Formation: 4 November 1946; 72 years ago

World Space Week is observed from 4 to 10 October

  • World Space Week is observed from 4 October to 10 October 2019.
  • It is the largest space event on Earth.
  • Theme: The 2019 theme for the week is The Moon: Gateway to the Stars.
  • The week showcases some of the creative, innovative and popular events that brought people together to celebrate space.

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UNESCO: The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations based in Paris, France.

  • Headquarters: Paris, France
  • Head: Audrey Azoulay
  • Founded: 16 November 1945, London, United Kingdom
  • Formation: 4 November 1946; 72 years ago

BANKING CURRENT AFFAIRS

UCO Bank launches UCash, Digilocker and an App

  • UCO Bank has launched three new digital products called, UCash, Digilocker and an app in Kolkata, West Bengal.
  • A new current account facility has also been launched by the bank.
  • UCash enables customers to withdraw money from ATMs through mobile banking without using a debit card.
  • Digilocker aims to eliminate the use of physical documents and enables sharing of verified electronic documents.
  • The third product, the new mobile app, integrates four existing apps of the bank – UCO Mbanking, UCO UPI, UCO Mpassbook and UCO Secure- in a single interface.

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UCO Bank, formerly United Commercial Bank, established in 1943 in Kolkata, is a major government-owned commercial bank of India. During FY 2013-14, its total business was Rs 4.55 lakh crore. Based on 2014 data, it is ranked 1860 on Forbes Global 2000 List.

  • Headquarters: Kolkata
  • CEO: Atul Kumar Goel
  • Founder: Ghanshyam Das Birla

Bandhan Bank and Gruh Finance to merge on 17 October

  • Kolkata-based Bandhan Bank and Ahmedabad-based Gruh Finance announced that it will be merged on 17 October 2019.
  • The National Company Law Tribunal (NCLT) has cleared the scheme of amalgamation for the merger.
  • The scheme has been approved by NCLT’s Kolkata and Ahmedabad benches.
  • The merger aims to help the Bandhan Bank diversify its loan portfolio of Rs.45,400 crore.
  • Currently, it is heavily skewed towards microloans with 85% share.
  • Gruh Finance is the housing finance arm of HDFC Ltd. It has a loan portfolio of Rs.17,700 crore.

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Bandhan Bank Ltd. is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan Bank is present in 34 out of 36 states and Union Territories of India.

  • Headquarters: Kolkata
  • CEO: Chandra Shekhar Ghosh
  • Founder: Chandra Shekhar Ghosh

RBI announces the NEFT fund transfer to be available round the clock

  • Reserve Bank of India (RBI) said that the online money transfer through National Electronic Funds Transfer (NEFT) will be available 24×7 from now onwards.
  • The announcement was made by the six-member Monetary Policy Committee (MPC) of RBI.
  • In August 2019, RBI in its August Monetary Policy Review meets had announced round-the-clock availability of NEFT payment system from December 2019.

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RBI: The Reserve Bank of India is India’s central banking institution, which controls the issuance and supply of the Indian rupee.

  • Founded: 1 April 1935, Kolkata
  • Headquarters: Mumbai
  • Governor: Shaktikanta Das
  • Deputy Governors: B P Kanungo, M K Jain, N S Vishwanathan

NATIONAL CURRENT AFFAIRS

India’s first floating basketball court opens in Arabian Sea, Mumbai

  • The National Basketball Association (NBA) brought to India the first-ever Floating Basketball Court in the Arabian Sea in Mumbai, Maharashtra.
  • NBA India on December 20, 2018, had announced that the first-ever NBA game in the country would be organized on October 4 and 5 in Mumbai.

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NBA: The National Basketball Association is a men’s professional basketball league in North America, composed of 30 teams. It is one of the four major professional sports leagues in the United States and Canada, and is widely considered to be the premier men’s professional basketball league in the world.

  • Current champion: Toronto Raptors
  • Number of teams: 30
  • Founded: 6 June 1946, New York, New York, United States

CM Jai Ram Thakur launched Pragati Rath of HDFC bank

  • Himachal Pradesh Chief Minister Jai Ram Thakur launched the Pragati Rath of the HDFC bank.
  • During the launching occasion, the bank provided a cheque Rs.1 crore to the Chief Minister’s Relief Fund.
  • The bank has also announced that it is to launch the Sustainable Livelihood Initiative in the State.

Pragati Rath:

♦ Pragati Rath is a month-long initiative of the HDFC bank. Under the initiative, the van would move to different parts of Himachal Pradesh to provide financial and digital literacy to the people.

♦ It is a unique hi-tech van equipped with LED to raise awareness about the best digital practices.

♦ The bank is planning to adopt 15 villages of the State under the Holistic Rural Development Programme.

Extra Shots:

HDFC Bank Ltd. is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has a base of 104,154 permanent employees as of 30 June 2019. HDFC Bank is India’s largest private sector lender by assets. It is the largest bank in India by market capitalisation as of February 2016.

  • Headquarters: Mumbai
  • Founded: August 1994, India
  • CEO: Aditya Puri

Himachal Pradesh:

  • Capital: Shimla
  • Chief Minister: Jai Ram Thakur
  • Governor: Kalraj Mishra
  • National Park: Pin Valley NP, Great Himalaya NP, Inderkilla NP, Khirganga NP, Simbalbara NP,
  • Wildlife Sanctuaries: Bandli WLS, Daranghati WLS, Dhauladhar WLS, Nargu WLS, Pong Dam Lake WLS, Shilli WLS, Talra WLS

STATE CURRENT AFFAIRS

Chief Minister of Andhra Pradesh launches ‘YSR Vahana Mitra’

Chief Minister of Andhra Pradesh Y.S. Jagan Mohan Reddy will launch the “YSR Vahana Mitra scheme” in Eluru, Andhra Pradesh.

Under which the government will provide financial assistance of Rs 10,000 per annum to owner-driver of an auto-rickshaw, or taxicab with the aim to meet their insurance premium, licence fee and other recurring expenses.

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Andhra Pradesh:

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

INTERNATIONAL CURRENT AFFAIRS

Uber launched helicopter services in New York

  • Uber Technologies Inc (UBER.N) has launched Uber Copter, the helicopter services, in New York.
  • The users will soon be able to book helicopter flights to John F. Kennedy (JFK) International airport through their apps.
  • The flights are operated by HeliFlite Shares, a licensed company.

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Uber Technologies, Inc. is an American multinational ridesharing company offering services that include peer-to-peer ridesharing, ride service hailing, food delivery, and a bicycle-sharing system. The company is based in San Francisco and has operations in over 785 metropolitan areas worldwide.

  • Founders: Travis Kalanick, Garrett Camp
  • Owners: Travis Kalanick, Garrett Camp, Ryan Graves
  • CEO: Dara Khosrowshahi

SUMMITS AND CONFERENCES

Goa Maritime Conclave 2019 inaugurated

  • The Goa Maritime Conclave (GMC)-2019 was inaugurated by the National Security Advisor, Shri Ajit Kumar Doval, at Goa.
  • This conclave was conducted by the Naval War College.
  • The subjects of the conclave are Opportunities and Challenges in the Indian Ocean Region, Forging Common Maritime Priorities, Regional Constructs and Strategies in the region.
  • The theme for the conclave is “Common Maritime Priorities in IOR and need for Regional Maritime Strategy”.

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Goa:

  • Capital: Panaji
  • Chief Minister: Pramod Sawant
  • Lt Governor: Mridula Sinha

RANKS AND INDICES

Alice Walton topped as the richest woman in the world in the Forbes 400 list

  • Forbes released its 2019 edition of the Forbes 400 list that ranks the wealthiest people in America.
  • Alice Walton of the Walmart dynasty topped as the richest woman in the world.
  • She has a net worth of $51.4 billion.

Top 10 richest woman in the world in the Forbes 400 list:

♦ Alice Walton topped as the richest woman in the world in the Forbes 400 list

♦ Julia Koch stood second with a net worth of $41 billion

♦ MacKenzie Bezos stood 3rd with a net worth of $41 billion

♦ Jacqueline Mars stood 4th with a net worth of $41 billion

♦ Laurene Powell stood 5th with a net worth of $21.3 billion

♦ Abigail Johnson stood 6th with a net worth of $14 billion

♦ Blair Parry-Okeden stood 7th with a net worth of $9.6 billion

♦ Christy Walton stood 8th with a net worth of $8.5 billion

♦ Ann Walton stood 9th with a net worth of $7.5 billion

♦ Marijke Mars, Pamela Mars, Valerie Mars, Victoria Mars stood 10th with a net worth of $7.4 billion

APPOINTMENT

President Kovind appoints Chief Justices to 7 high courts

  • President Ramnath Kovind appoints Chief Justices to seven high courts.
  • Those chief justices have been appointed to Kerala, Andhra Pradesh, Punjab and Haryana, Gauhati, Rajasthan, Himachal Pradesh and Sikkim High Courts.
STATE PERSON
Himachal Pradesh High Court: Lingappa Narayana Swamy

 

Punjab and Haryana High Court Ravi ShankerJha
Rajasthan High Court Indrajit Mohanty
Andhra Pradesh High Court J.K. Maheshwari

 

Sikkim High Court Arup K. Goswami
Kerala High Court S. Manikumar

 

Gauhati High Court Ajai Lamba
  • Four of the new Chief Justices would fill the vacancies left by Justices V. Ramasubramanian, Krishna Murari, S. Ravindra Bhat and Hrishikesh Roy, who were elevated to the Supreme Court recently from the Himachal Pradesh, Punjab and Haryana, Rajasthan, and Kerala High Courts, respectively.

SPORTS CURRENT AFFAIRS

Harmanpreet became the first Indian cricketer to play 100 T20Is

  • Harmanpreet Kaur became the first Indian cricketer to play 100 Twenty20 Internationals (T20Is).
  • Kaur achieved the milestone before MS Dhoni and Rohit Sharma, who has played 98 T20Is for India.
  • She played her 100th T20I against South Africa in Surat, Gujarat on 4 October.

AWARDS

Anant Vashistha honoured by President for teaching poor kids for free

  • Anant Vashistha, a 22-year-old IIT-Roorkee student, received a gold medal from President Ram Nath Kovind on 4 October.
  • He was honoured as he taught underprivileged students from a nearby village for free.
  • He was awarded during IIT Roorkee’s 19th annual convocation.

OBITUARIES

Bangladesh, Buddhist leader Satyapriya Mohathero passes away

  • The second highest Buddhist leader of Bangladesh and head of Sima Bihar of Ramu, Satyapriya Mohathero passed away in Dhaka, Bangladesh.
  • He was awarded the second-highest civilian award of Bangladesh Ekushey Padak in 2015 for social work.
  • The Ramu monastery had provided shelter to a large number of people during the Liberation War of Bangladesh 1971 in the face of Pakistani atrocities.

Centenarian philatelist Krishna Kadekodi passes away

  • Centenarian philatelist and coin collector Krishna Gopalkrishna Kadekodi passed away.
  • He was 102.
  • He started his career as a revenue inspector and retired as a special deputy commissioner at the Regional Commissioner’s Office in Belagavi.
  • He was the first tahsildar of Panaji after the liberation of Goa from Portuguese occupation.

Farook Khan, an Indian-origin journalist in South Africa passes away

  • Farook Khan, an Indian-origin journalist in South Africa passed away.
  • He hailed from Maharashtra.
  • He had started the Miss India South Africa Pageant as part of the Miss India Worldwide Pageant.

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