Daily Current Affairs October 21

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 October 21. 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 21| Daily Current Affairs 2022

Business and Economy – Daily Current Affairs October 21

1. Asian Paints announced how many crores capex plans for two manufacturing units?
A) Rs 2100 crores
B) Rs 2400 crores
C) Rs 2200 crores
D) Rs 2500 crores
E) Rs 2300 crores
Answer: A) Rs 2100 crores

• Asian Paints announced Rs 2,100 crore of phased investment to set up a new plant to produce vinyl acetate ethylene emulsion (VAE) and vinyl acetate monomer (VAM) in the country.
• The company also announced another Rs 550 crore of investment to set up a white cement plant in the UAE in partnership with two local firms there.
• The board has approved setting up of a manufacturing facility for VAE and VAM in the country.
• The company will invest around Rs 2,100 crore in the plant over the next three years, which includes the cost of land, the company informed the stock exchanges without giving other details like the location of the plant among others.
• The proposed plant will have an installed capacity of 1 lakh tonne per annum for VAM and 1.5 lakh tonnes for VAE.
• VAM is a key input for manufacturing VAE, which is considered to be the emulsion of the future and the key constituent for manufacturing environment-friendly paints.
• VAE offers better paint properties and can improve paint performance.
• Domestic manufacturing of VAM and VAE will give substantial sustainable cost efficiencies, substituting import dependency and will be used as captive plant.
• The proposed plant is a key backward integration project for the company.

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2. CCI slapped how many crores penalty on Google for unfair biz practices in Android mobile device ecosystem?
A) Rs 1773.76 crores
B) Rs 1337.67 crores
C) Rs 1337.76 crores
D) Rs 1667.67 crores
E) Rs 1373.76 crores
Answer: C) Rs 1337.76 crores

• The Competition Commission imposed a penalty of Rs 1,337.76 crore on Google for abusing its dominant position in multiple markets in the Android mobile device ecosystem.
• Besides, the fair trade regulator has directed the internet major to cease and desist from unfair business practices.
• In a release, the Competition Commission of India (CCI) said it has also directed Google to modify its conduct within a defined timeline.
• In April 2019, the regulator ordered a detailed probe in the matter following complaints by consumers of Android-based smartphones in the country.
• Android is an open-source, mobile operating system installed by Original Equipment Manufacturers (OEMs) of smartphones and tablets.
• The allegations of unfair business practices pertained to two agreements — Mobile Application Distribution Agreement (MADA) and Anti Fragmentation Agreement (AFA) — which were entered into by the OEMs of Android OS with Google.
• The regulator has imposed a penalty of Rs 1,337.76 crore on Google for abusing its dominant position in multiple markets in the Android mobile device ecosystem apart from issuing the cease and desist order.

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3. Airbus received regulatory approval for C295 India aircraft programme,Airbus founded in which year?
A) 1980
B) 1965
C) 1975
D) 1960
E) 1970
Answer: E) 1970

• European aviation major Airbus received the regulatory approval from the Indian regulator for its C295 aircraft programme, becoming the first foreign original equipment maker to get such a nod.
• In September last year, India sealed a nearly Rs 21,000 crore deal with Airbus Defence and Space to procure 56 C295 transport aircraft to replace the ageing Avro-748 planes of the IAF under a project that entails manufacturing of military aircraft in India for the first time by a private company.
• The regulatory approval for the ambitious programme was accorded by Directorate General of Aeronautical Quality Assurance (DGAQA).
• Under the agreement, Airbus will deliver the first 16 aircraft in ‘fly-away’ condition from its final assembly line in Seville, Spain within four years and the subsequent 40 aircraft will be manufactured and assembled by Tata Advanced Systems (TASL) in India as part of an industrial partnership between the two companies.

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Acquisitions and Mergers – Daily Current Affairs October 21

4. CCI cleared how many private equity players’ stake purchase in Yes Bank?
A) 4
B) 2
C) 5
D) 1
E) 3
Answer: B) 2

• The Competition Commission of India (CCI) approved the proposed Rs 8,900 crore deal wherein two entities will buy stakes in Yes Bank.
• CA Basque Investments, part of the Carlyle Group, and Verventa Holdings, an affiliate of funds managed by Advent International are to acquire 10 per cent stake each in the private sector lender.
• The proposed combination involves the acquisition of up to 10 per cent each of the total paid up share capital and voting rights of Yes Bank by CA Basque Investments and Verventa Holdings.
• In July, Yes Bank announced raising of equity capital of Rs 8,900 crore from funds affiliated with two private equity investors — Carlyle and Advent International.
• Deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices in the market place.

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Appointments – Daily Current Affairs October 21

5. Wipro appointed who among the following as CEO for Americas 2 Strategic Market Unit?
A) Sutlej Dann
B) Dawyne Dann
C) Suraj Dann
D) Suzanne Dann
E) Subash Dann
Answer: D) Suzanne Dann

• Wipro announced the appointment of Suzanne Dann as Chief Executive Officer of Wipro Americas 2 Strategic Market Unit, effective immediately.
• Dann will also join the Wipro Executive Board.
• Dann joined Wipro in April 2021 as US Senior Vice President for Capital Markets and Insurance.

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6. Manoj Kohli parts ways with SoftBank India as country head, he was previously MD & CEO of which of the following company?
A) Bharati Airtel
B) Reliance Jio
C) Wipro
D) Flipkart
E) Meesho
Answer: A) Bharati Airtel

• Manoj Kohli, who was previously the MD and CEO of Bharti Airtel, parted ways with SoftBank in the first week of October.
• Kohli used to head the SoftBank Group International and government affairs in the country.
• Kohli has supported over 20 portfolio companies of the Japanese conglomerate and its Vision Fund such as Ola, Oyo, Paytm, Lenskart, Grofers, Snapdeal, WeWork, Delhivery, Uber, Swiggy and Unacademy, among others.
• Prior to this, he was the executive chairman of SB Energy — a SoftBank group company engaged in developing over 5 gigawatt of solar, wind and hybrid projects.

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7. UK Prime Minister Liz Truss resigned after how many weeks in Downing Street?
A) 6 weeks
B) 4 weeks
C) 3 weeks
D) 5 weeks
E) 8 weeks
Answer: A) 6 weeks

• UK Prime Minister Liz Truss resigned from the post just six weeks after her appointment.

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Defence – Daily Current Affairs October 21

8. MoD planned to buy how many spy copters?
A) 1500
B) 2500
C) 1000
D) 3000
E) 2000
Answer: C) 1000

• In a bid to carry out seamless round-the-clock surveillance capability during the current dynamic volatile situation along the Northern Borders and Line of Control the Ministry of Defence intends to procure 1,000 Surveillance Copter with accessories through fast Track Procedure under Emergency Procurement and seeks participation in the procurement process from prospective Bidders subject to requirements in succeeding paragraphs.
• Another RFP has been issued to procure 80 Mini Remotely Piloted Aircraft (RPAs).

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National Affairs – Daily Current Affairs October 21

9. FCI to construct over one hundred 11 Lakh mt modern steel silos in how many States?
A) 13
B) 16
C) 14
D) 12
E) 15
Answer: D) 12

• Food Corporation of India (FCI) has planned to construct over one hundred 11 Lakh Metric Tonnes capacity modern steel silos at 249 locations in 12 States.
• These Hub & Spoke model, silos will be constructed under Public Private Partnership with total investment of around 9 thousand 236 crore rupees in three phases over next 3-4 years.
• Ministry of Consumer Affairs, Food and Public Distribution in the first phase, such steel silos will be constructed at 80 locations in nine States.
• These States are Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, Gujarat, Rajasthan, Maharashtra, Bihar, West Bengal and Jammu and Kashmir.
• These modern Silos with bulk handling facilities is a scientific way of storage of foodgrains and ensure better preservation of foodgrains.
• These modern Silos near farms would act as purchase centers and expected to reduce distance for farmers and further reduce operational difficulties and complexities.

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10. Who among the following said pride in heritage and development are two pillars for Vikasit Bharat?
A) Vice President
B) Defence Minister
C) President
D) Home Affairs Minister
E) Prime Minister
Answer: E) Prime Minister

• Prime Minister Narendra Modi has said that two pillars for developed India of the 21st century are: pride in our heritage and making all possible efforts for development for all.
• He was speaking after laying the foundation stone of road and ropeway projects worth more than 3400 crore rupees in Mana, Uttarakhand.
• The two ropeway projects are Gaurikund to Kedarnath and Govindghat to Hemkund Sahib and road widening projects worth around 1000 crore rupees.
• The Prime Minister said that the construction of ropeway projects Gaurikund to Kedarnath and Govindghat to Hemkund Sahib are not just to provide connectivity, but they will also give a fillip to the economic development in the state.
• Development initiatives at the places of spiritual importance are helping devotees and promoting tourism at these places.
• The development of spiritual places will not only provide convenience to all devotees but also attract the youth of this country.

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11. Who among the following inaugurated, laid foundation stones of several infrastructure projects in Pulwama?
A) Droupadi Murmu
B) Manoj Sinha
C) Jagdeep Dhankar
D) Narendra Modi
E) Amit Shah
Answer: B) Manoj Sinha

• In Jammu and Kashmir, Lieutenant Governor Manoj Sinha inaugurated and laid the foundation stones of several infrastructure projects worth 61 crore rupees, during his visit to Pulwama District.
• Chairing the District Development Review meeting, the Lt Governor stressed on the development of infrastructure, industries, agriculture, enhancing mobility, saturation of social welfare schemes and improving the ease of living.
• He directed the district administration to prepare a comprehensive district-level plan for the self-employment of youth, promotion of tourism and culture.
• While reviewing the saturation of Kisan Credit Card scheme, the Lt Governor said the landless farmers, solely dependent on livestock, must receive the financial assistance through KCC.
• He further instructed the Animal, Sheep husbandry & Fisheries department to ensure insurance of all the livestock in the district.
• The Lt Governor also directed the district administration to ensure youth are supported for self-employment during Back to Village Jan Abhiyan.
• He directed to re-orient the planning and monitor the implementation to achieve the goal of full employment in the district.

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12. Which ministry will organise ‘Kashi Tamil Sangamam’ month-long programme from November 16?
A) Education Ministry
B) Tribal Affairs Ministry
C) External Ministry
D) Finance Ministry
E) Sports Ministry
Answer: A) Education Ministry

• Union Education Ministry will organise ‘Kashi Tamil Sangamam‘ – a month-long programme from 16th of next month – to rediscover the centuries-old bond of knowledge and ancient civilisational linakage between Varanasi and Tamilnadu.
• Addressing media about this programme in New Delhi, Education Minister Dharmendra Pradhan informed that over 2400 tamil people in 12 groups from diverse sections of society, including acedemics, spiritualism, philosophy, trade and commerce, agriculture, entrepreneurship, arts and artisanship will visit Kashi for eight days to get familiarised with the ancient knowledge shared by these two ancient cities.

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13. Cities covered by CGHS centres have grown from 25 in 2014 to how many now?
A) 88
B) 55
C) 77
D) 44
E) 66
Answer: C) 77

• Government is rapidly expanding the coverage of Central Government Health Scheme (CGHS).
• Union Health Minister Dr Mansukh Mandaviya said the cities covered by CGHS wellness centres have grown from 25 in 2014 to 77 now.
• The CGHS wellness centres are providing quality healthcare services to government employees, retired officials, and other public servants with more facilities.

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14. Home Minister Amit Shah inaugurated MCD’s Tehkhand Waste to Energy Plant in Tughlakabad, it is located in which of the following State/UT?
A) Uttarakhand
B) Himachal Pradesh
C) Ladakh
D) Jammu and Kashmir
E) New Delhi
Answer: E) New Delhi

• Home Minister Amit Shah inaugurated MCD’s Tehkhand Waste to Energy Plant at Tughlakabad in New Delhi.
• Amit shah said this plant will treat 2000 metric tonnes of waste in the national capital per day.
• He said that along with this 5 megawatts of green energy will also be produced by this plant.
• Mr Shah said that this is a multi-dimensional, multi-purpose plant that will clean our capital city and fulfill Prime Minister Narendra Modi’s vision of Swachh Bharat Mission.

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15. PM launched Mission LiFE at Statue of Unity in Ekta Nagar, Kevadia in which of the following state?
A) Bihar
B) Gujarat
C) Madhya Pradesh
D) Maharashtra
E) West Bengal
Answer: B) Gujarat

• PM launches Mission LiFE at Statue of Unity in Ekta Nagar, Kevadia, Gujarat.
• Attends bilateral meeting with H.E. Mr Antonio Guterres, UN Secretary-General.
• World leaders congratulate the Prime Minister for the initiative and pledge support.
• Immensely encouraged by the commitment that India has made to pursue environmentally sound policies: UN Secretary-General.
• Mr Guterres has ancestral connection to Goa, welcominghim to Gujarat is like welcoming a member of the family: PM.
• Climate change goes beyond just policy making.
• Mission LiFE makes the fight against climate change democratic, in which everyone can contribute.
• Mission LiFE makes us all trustees of the environment.
• Mission LiFE unites the people of the earth as pro planet people.
• Reduce, Reuse and Recycle’ and circular economy have been part of the lifestyle of Indians for thousands of years.
• India has become a prime example of how progress and nature can go hand in hand.
• Whenever India and the United Nations have worked together, new ways of making the world a better place have been found.

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