Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of  the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.,

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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OCTOBER – 07 | Daily Current Affairs 2020

IMPORTANT DAYS

1. World Cotton Day is observed on which date?
A) October 3
B) October 5
C) October 7
D) October 8
Answer: C) October 7

OBITUARY

2. Politician Dr Kartikeswar Patra passed away.He is related to which state?
A) Uttar Pradesh
B) Rajasthan
C) Madhya Pradesh
D) Odisha
Answer: D) Odisha
Former Balasore MP and eminent writer Dr Kartikeswar Patra succumbed to Covid-19.
Odisha:
Capital : Bhubaneswar
Chief Minister – Naveen Patnaik
Governor – Ganeshi Lal

BANKING AND FINANCE

3. Nirmala Sitharaman launched which bank business mentoring programme ‘MSME Prerana’ to support MSMEs?
A) Indian Overseas Bank
B) Indian Bank
C) Punjab National Bank
D) State Bank of India
Answer: B) Indian Bank

• Finance Minister Nirmala Sitharaman launched ‘MSME Prerana’, an online business mentoring programme for MSMEs by state-run Indian Bank.
• The programme, to be made available in local languages, is aimed at empowering entrepreneurs through skill development and capacity building workshops.

Indian Bank – Business mentoring programme to support MSMEs.
Finance and Corporate Affairs:
Minister : Nirmala Sitharaman
Constituency: Rajya Sabha MP,Karnataka
Indian Bank:
Hq: Chennai,Tamilnadu
MD & CEO: Ms. Padmaja Chundru
Tagline : Your Own Bank

4. Which organisation has inked three MoU with State Bank of India to extend credit support for various projects in Gujarat?
A) ADB
B) AIIB
C) NABARD
D) IMF
Answer: C) NABARD
The MoUs were signed for financing joint liability groups and Self-Help Groups-support credit inflows to Farmer Producers’ Organizations and economic support for watershed development projects.
NABARD + State Bank of India = 3 MoUs in credit support for various projects in Gujarat.
NABARD:
Chairman– G R Chintala
Headquarter– Mumbai, Maharashtra
Gujarat:
Capital : Gandhinagar
CM : Vijay Rupani
Governor : Acharya Dev Vrat
State Bank of India:
Capital : Mumbai, Maharashtra
Head : Dinesh Kumar Khara
Tagline : With You all the way, Pure Banking Nothing Else,
The Nation Bank on Us, The Banker to Every Indian,
A Bank of the Common Man

ACQUISITIONS AND MERGERS

5. Abu Dhabi Investment Authority has acquired how much percent in Reliance Retail for Rs 5,512 crore?
A) 2.2%
B) 0.2%
C) 3.2%
D) 1.2%
Answer: D) 1.2%
ADIA – 1.2% stake in Reliance Retail for Rs 5,512 crore.

APPOINTMENTS

6. Jammu & Kashmir Bank has extended the term of Chairman and Managing Director by a further period of six months. Who is MD and CEO of Jammu & Kashmir Bank?
A) T. S. Narayanswami
B) Atanu Kumar Das
C) RK Chhibber
D) M.Venugopalan
Answer: C) RK Chhibber
Jammu & Kashmir Bank – extends CMD’s term by six months – RK Chhibber.
Jammu & Kashmir Bank:
Headquarters : Srinagar
CMD : R.K Chibber
Tagline : Serving to Empower

7. Sheikh Meshaal Al-Ahmed Al-Jaber Al-Sabah has been chosen crown prince of which country?
A) Iran
B) Iraq
C) Kuwait
D) UAE
Answer: C) Kuwait
Kuwait – Sheikh Meshaal Al-Ahmad Al-Sabah as Crown Prince.
Kuwait:
Captial : Kuwait city
Currency: The Kuwaiti Dinar

8. Who is appointed as the new deputy governor of the Reserve Bank of India?
A) M Rajeshwar Rao
B) M Nithishwar Rao
C) M akileshwar Rao
D) M Parameshwar Rao
Answer: A) M Rajeshwar Rao
Rao succeed NS Vishwanathan as the fourth deputy governor.
M Rajeshwar Rao – new deputy governor of the Reserve Bank of India.
Reserve Bank of India:
Headquarters– Mumbai, Maharashtra
Governor– Shaktikanta Das
Deputy Governors– 4 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra, M. Rajeshwar Rao)

AWARDS

9. Sarah Hall has become the first writer to win the BBC National Short Story Award for which story?
A) The Magic Shop
B) The Happy Prince
C) Désirée’s Baby
D) The Grotesques
Answer: D) The Grotesques
Sarah Hall – the BBC National Short Story Award – The Grotesques.

10. Which startup won first National Start-Up Awards-2020 under in the Urban Services category?
A) Financepeer
B) Servify
C) Taraltech Solutions Private Limited
D) Wealthy Therapeutics
Answer: C) Taraltech Solutions Private Limited
Taraltech Solutions Private Limited – first National Start-Up Awards-2020 under in the Urban Services category.

SCIENCE AND TECHNOLOGY

11. Which IIT’s hyperlocal-tech startup Sahara has developed a mobile application that lets offline business owners create synergy with customers and potential business partners?
A) IIT Madras
B) IIT Bombay
C) IIT Hyderabad
D) IIT Guwahati
Answer: D) IIT Guwahati
Sahara , IIT Guwahati – a mobile application that lets offline business owners create synergy with customers and potential business partners.

12. NIT Warangal launched an e-commerce platform for weavers to sell their products directly to customers. What is the name of that platform?
A) ‘Pickmyclean’
B) ‘Pickmydress’
C) ‘Pickmywear’
D) ‘Pickmycloth’
Answer: D) ‘Pickmycloth’
NIT Warangal -‘Pickmycloth’ – weavers to sell their products directly to customers.

INTERNATIONAL AFFAIRS

13. Which country has successfully tested the new Zircon hypersonic cruise missile?
A) UAE
B) Russia
C) Iran
D) Iraq
Answer: B) Russia
It’s capable of flying at nine times the speed of sound and will have a range of 1,000 kilometers (620 miles).
Russia – The new Zircon hypersonic cruise missile.
Russia:
Capital :Moscow
Currency : Russian Ruble

NATIONAL AFFAIRS

14. Which state has set the target to provide high-speed internet connectivity to all Gram Panchayats in phases by April 2021?
A) Uttar Pradesh
B) Andhra Pradesh
C) Odisha
D) Manipur
Answer: C) Odisha
Odisha – high-speed internet for all panchayats by April 2021.
Odisha:
Capital : Bhubaneswar
Chief Minister – Naveen Patnaik
Governor – Ganeshi Lal

15. Assam government launches mobile app to promote buyer-seller network. What is the name of that app?
A) Kisan Rath
B) Kisan Sagara
C) Kisan Buy
D) Kisan MSME
Answer: A) Kisan Rath

• It is Developed, designed and technically maintained by National Informatics Centre (NIC) Assam.
• The app is available in three languages – Assamese, Hindi and English.

Assam – Kisan Rath – to promote buyer-seller network.
Assam:
Capital : Dispur
CM : Sarbananda Sonowal
Governor : Jagdish Mukhi

16. National Dairy Development Board (NDDB) partners with which UT to promote dairying and rural livelihoods in the Union Territory?
A) Jammu & Kashmir
B) Delhi
C) Ladakh
D) Chandigarh
Answer: C) Ladakh
NDDB + Ladakh = to promote dairying and rural livelihoods.
Ladakh:
Capital : Ladakh
Lt Governor : Radha Krishna Mathur

17. The Union Cabinet approved the revised cost of East-West Metro Corridor Project for Kolkata. What is the length of this Metro Corridor Project?
A) 14.6 km
B) 16.6 km
C) 17.6 km
D) 18.6 km
Answer: B) 16.6 km
This will include construction of a metro corridor between Salt Lake Sector-V to Howrah Maidan in West Bengal.
Cabinet – Approve ₹8,575 crore Kolkata East-West Corridor Metro project.
West Bengal:
Capital : Kolkata
CM : Mamata Banerjee
Governor : Jagdeep Dhankhar

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