Daily Current Affairs October 18

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October 18 | Daily Current Affairs 2024

Sports – Daily Current Affairs October 18

1. Who are the three new inductees into the ICC Hall of Fame?
A) Alastair Cook, Diana Edulji, AB de Villiers
B) Neetu David, Anil Kumble, Alastair Cook
C) AB de Villiers, Alastair Cook, Neetu David
D) Sunil Gavaskar, AB de Villiers, Alastair Cook
E) Neetu David, Alastair Cook, Sachin Tendulkar
Answer: C) AB de Villiers, Alastair Cook, Neetu David

Event and Location:

• Event: Induction into ICC Hall of Fame
• Location: International Event (Managed by ICC, headquartered in Dubai, UAE)

Mandates and Objectives:

• The ICC Hall of Fame recognizes outstanding players who have made a significant impact on international cricket.
• Alastair Cook, Neetu David, and AB de Villiers were inducted as the 113th, 114th, and 115th members, respectively, in acknowledgment of their exceptional careers.

Important Terms Explained:

• Neetu David: Former Indian cricketer and chair of selectors for the Indian women’s team. She holds the record for the best bowling average (16.34) by any bowler (male or female) with 100 ODI wickets. David’s figures of 8 for 53 in Women’s Tests are the best innings bowling figures.
• Alastair Cook: The highest run-scorer and century-maker for England in Test cricket until recently. He captained England to historic Ashes victories and played a key role in England’s 2012 series win in India.
• AB de Villiers: Renowned for his innovative batting style, de Villiers holds records for the fastest 50, 100, and 150 in ODI cricket. He played a crucial role in South Africa’s semi-final appearances in the 2007 and 2015 ODI World Cups.

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Business and Economy – Daily Current Affairs October 18

2. Which bank has entered into a definitive agreement to acquire Standard Chartered India’s ₹4,100-crore personal loan book?
A) HDFC Bank
B) Axis Bank
C) Kotak Mahindra Bank
D) ICICI Bank
E) State Bank of India
Answer: C) Kotak Mahindra Bank

Event and Location:

• Event: Acquisition of Standard Chartered India’s Personal Loan Book
• Location: India

Mandates and Objectives:

• Kotak Mahindra Bank signed a definitive agreement to acquire the ₹4,100-crore personal loan book of Standard Chartered Bank, India. The deal is pending regulatory approval and is expected to be completed within the next three months.
• The loan book comprises “Standard Loans” as classified per RBI guidelines. This acquisition supports Kotak Bank’s strategy for expanding its retail assets growth and gaining access to high-quality customers.

Important Terms Explained:

• Personal Loan Book: Refers to the outstanding amount of personal loans given by a bank, which includes loans given to individual customers.
• Definitive Agreement: A legally binding contract between two or more parties, specifying the terms and conditions of the transaction.
• Standard Loans: Loans classified as regular and in good standing based on the Reserve Bank of India (RBI) guidelines.

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Awards – Daily Current Affairs October 18

3. Who won the prestigious Victoria and Albert Museum’s Illustration Award in the Emerging Illustrator category for the artwork titled ‘Marigolds’?
A) Aditi Anand
B) Aditi Khanna
C) Ananya Singh
D) Ritu Sharma
E) Meera Shankar
Answer: A) Aditi Anand

Event and Location:

• Event: Victoria and Albert Museum’s Illustration Awards, Emerging Illustrator Category
• Location: London, United Kingdom

Mandates and Objectives:

• The Victoria and Albert Museum’s Illustration Awards are given to recognize the best in contemporary illustration in different categories, including the Emerging Illustrator category.
• This award seeks to honor new talent in illustration and encourage excellence.

Important Terms Explained:

• Anglia Ruskin University (ARU): A public university located in Cambridge, England, known for its design and art programs.
• Victoria and Albert Museum (V&A): A world-renowned museum located in London, famous for its art and design collections.
• Marigolds: An award-winning artwork created by Aditi Anand, highlighting the theme of child labor and lost childhoods in India.
• GBP 3,000 Prize: The amount awarded to Aditi Anand for winning the Emerging Illustrator category.

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Defence – Daily Current Affairs October 18

4. Which Indian naval vessels were part of the First Training Squadron that recently visited Manama, Bahrain?
A) INS Vikramaditya and INS Chennai
B) INS Tir and ICGS Veera
C) INS Shakti and INS Kolkata
D) INS Jalashwa and INS Sumedha
E) INS Vikrant and ICGS Shaurya
Answer: B) INS Tir and ICGS Veera

Event and Location:

• Event: Long Range Training Deployment of the Indian Navy’s First Training Squadron
• Location: Manama, Bahrain

Mandates and Objectives:

• Indian Navy’s First Training Squadron (1TS), comprising INS Tir and ICGS Veera, visited Manama, Bahrain to enhance maritime cooperation and discuss regional maritime security challenges.
• Senior officers from 1TS held discussions with key personnel from Bahrain Defence Forces, Combined Maritime Forces (CMF), and US Naval Forces Central Command (NAVCENT).
• The port call included military-to-military engagements, visits to naval facilities, and community outreach activities.

Important Terms Explained:

• First Training Squadron (1TS): A part of the Indian Navy dedicated to training and operations, consisting of INS Tir, an Indian Navy training ship, and ICGS Veera, a Coast Guard ship.
• Combined Maritime Forces (CMF): A multinational naval partnership that conducts maritime security operations to ensure the safety of international waters.
• USNAVCENT (US Naval Forces Central Command): The naval component of the US Central Command responsible for naval operations in the Middle East.

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International Affairs – Daily Current Affairs October 18

5. Who led the Indian Parliamentary Delegation (IPD) to the 149th Inter-Parliamentary Union (IPU) Assembly in Geneva?
A) M. Venkaiah Naidu
B) Narendra Modi
C) Om Birla
D) Rajnath Singh
E) S. Jaishankar
Answer: C) Om Birla

Event and Location:

• Event: 149th Inter-Parliamentary Union (IPU) Assembly
• Location: Geneva, Switzerland

Mandates and Objectives:

• 149th IPU Assembly: The Inter-Parliamentary Union (IPU) is a global organization of national parliaments that aims to promote democratic governance, accountability, and cooperation among parliamentarians worldwide. The 149th assembly in Geneva addressed global challenges through international dialogue.
• Bilateral Meetings: Lok Sabha Speaker Om Birla led the Indian delegation to the 149th IPU in Geneva. He held bilateral meetings with parliamentary leaders from Seychelles, Oman, and Namibia to discuss mutual cooperation and collaboration.

Important Terms Explained:

• Indian Diaspora: Refers to the community of Indian-origin people living outside India. They are often regarded as cultural ambassadors and contribute significantly to their host countries’ economies.
• Inter-Parliamentary Union (IPU): A global organization founded in 1889 to promote inter-parliamentary dialogue and cooperation, with a focus on peace and democracy.
• Consultative Assembly of Oman State Council: The upper house of Oman’s Parliament that participates in law-making and policy discussions.
• SWAPO: Stands for South West Africa People’s Organisation. It is Namibia’s dominant political party and has led the government since Namibia’s independence.
• The 149th Assembly of the Inter-Parliamentary Union (IPU) concluded with the announcement that the next, 150th Assembly, will be held in Tashkent, Uzbekistan from April 5 to April 9, 2025.

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6. What is the primary objective of the newly launched Indo-Turkiye Friendship Association (ITFA) in Hyderabad?
A) To resolve the conflict in West Asia
B) To promote tourism between India and Turkiye
C) To foster cooperation in various fields between India and Turkiye
D) To introduce the Turkish language in Indian schools
E) To increase the viewership of Turkish series in India
Answer: C) To foster cooperation in various fields between India and Turkiye

Event and Location:

• Event: Launch of Indo-Turkiye Friendship Association (ITFA)
• Location: Hyderabad, Telangana, India

Mandates and Objectives:

• The Indo-Turkiye Friendship Association (ITFA) aims to strengthen bilateral ties between India and Turkiye through cooperation in key areas like economy and trade, culture and tourism, science and technology, and education.
• The association seeks to foster cultural connections and promote Hyderabad as a significant destination for Turkish tourists.

Important Terms Explained:

• Indo-Turkiye Friendship Association (ITFA): A newly launched initiative in Hyderabad focused on building stronger relations between India and Turkiye by facilitating cooperation in multiple areas, including tourism and cultural exchange.
• Maulana Azad National Urdu University (MANUU): A central university in Hyderabad that has introduced Turkish language courses for the first time to strengthen cultural ties.
• Tollywood: The Telugu-language film industry, which has been increasing its film shoots in Turkiye due to financial incentives and filming opportunities provided by the Turkish government.

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7. Which West African country did President Droupadi Murmu visit on October 16, 2024, marking the first-ever visit by an Indian President?
A) Algeria
B) Nigeria
C) Senegal
D) Mauritania
E) Ghana
Answer: D) Mauritania

Event and Location:

• Event: President Droupadi Murmu’s State Visit to Mauritania
• Location: Nouakchott, Mauritania

Mandates and Objectives:

• Historic Visit: President Droupadi Murmu’s visit marks the first-ever visit by an Indian President to Mauritania. This is part of her three-nation tour, which also includes Algeria and Malawi.
• Strengthening Bilateral Relations: The visit focused on enhancing cooperation in areas like economic collaboration, human resource development, and cultural exchange. Four MoUs were signed, covering diplomat training, cultural exchange, visa exemption, and foreign office consultations.
• Indian Community Interaction: President Murmu engaged with the Indian diaspora in Mauritania, recognizing their contributions to both countries’ socio-economic growth.

Important Terms Explained:

• MoUs (Memorandums of Understanding): Formal agreements between nations to facilitate cooperation in specific areas. In this visit, the MoUs signed between India and Mauritania focused on diplomat training, cultural exchange, visa exemption for diplomatic and official passport holders, and regular foreign office consultations.
• Nouakchott: The capital city of Mauritania, where the key meetings and ceremonial reception were held.

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8. Which key sector was the focus of discussion in the meeting between India’s Union Minister Shri Manohar Lal and Bhutan’s Minister of Energy & Natural Resources, Lyonpo Gem Tshering?
A) Defense Cooperation
B) Hydropower Cooperation
C) Trade and Commerce
D) Education and Cultural Exchange
E) Healthcare Collaboration
Answer: B) Hydropower Cooperation

Event and Location:

• Event: Meeting between India’s Union Minister of Power and Housing & Urban Affairs and Bhutan’s Minister of Energy & Natural Resources
• Location: New Delhi, India

Mandates and Objectives:

• The meeting focused on strengthening hydropower cooperation between India and Bhutan. Discussions included the enhancement of the Puna-1 Hydroelectric Power Project, tariff finalization for Puna-2, and exploring future avenues for collaboration in energy generation.
• Shri Manohar Lal expressed India’s commitment to supporting Bhutan’s hydropower development, emphasizing that “More Power means more happiness.”

Important Terms Explained:

• Hydropower Sector: Refers to the generation of electricity using the energy of flowing water. India and Bhutan have a longstanding partnership in this sector, which is strategically important for energy security and economic growth.
• Puna-1 and Puna-2 Hydroelectric Power Projects: Key hydropower projects in Bhutan that supply renewable energy to both Bhutan and India.
• Regional Energy Security: A term referring to the reliable and sustainable supply of energy in a specific region, vital for economic stability and development.

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National Affairs – Daily Current Affairs October 18

9. What is the new honorarium amount for women under the Maiyaan Samman Yojana as announced by the Jharkhand Cabinet?
A) Rs 1,000
B) Rs 2,100
C) Rs 2,500
D) Rs 1,500
E) Rs 2,000
Answer: C) Rs 2,500

Event and Location:

• Event: Jharkhand Cabinet Meeting
• Location: Ranchi, Jharkhand, India

Mandates and Objectives:

• The Jharkhand Cabinet, led by Chief Minister Hemant Soren, approved the increase in women’s honorarium under the Maiyaan Samman Yojana from Rs 1,000 to Rs 2,500 per month. This increase will come into effect in December 2024, providing an annual honorarium of Rs 30,000 to around 5.3 million women aged 18 to 50 years.
• This move is seen as a response to the BJP’s Gogo Didi Yojana, which offers a monthly transfer of Rs 2,100 to women.

Important Terms Explained:

• Maiyaan Samman Yojana: A welfare initiative by the Jharkhand government that aims to financially empower women by providing them with a monthly honorarium.
• Netarhat Residential School: A prestigious residential school in Jharkhand, known for its excellence in education, which serves as a model for newly planned residential schools.
• Anganwadi Centres: Part of India’s Integrated Child Development Services (ICDS) scheme, providing essential child welfare and development services at the grassroots level.
• Gyanodya Yojana: A Jharkhand government scheme aimed at enhancing elementary education by establishing science and mathematics laboratories.

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10. Which scheme under the Ministry of Rural Development signed an MoU with ten banks to promote individual financing for women entrepreneurs?
A) MGNREGA
B) Pradhan Mantri Awas Yojana
C) Deendayal Antyodaya Yojana-NRLM
D) Pradhan Mantri Kaushal Vikas Yojana
E) Start-Up India
Answer: C) Deendayal Antyodaya Yojana-NRLM

Event and Location:

• Event: MoU signed by Ministry of Rural Development with ten banks
• Location: New Delhi, India

Mandates and Objectives:

• The Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY-NRLM), under the Ministry of Rural Development, signed an MoU with nine Public Sector Banks and one Private Bank to promote individual financing for women entrepreneurs.
• This partnership aims to offer bigger ticket-size loans to women for scaling up their enterprises, supporting the Lakhpati Didi initiative.

Important Terms Explained:

• DAY-NRLM (Deendayal Antyodaya Yojana-National Rural Livelihood Mission): A government initiative focused on creating sustainable livelihoods for the rural poor through self-help groups (SHGs) and enterprise development.
• Lakhpati Didi Initiative: A goal set by the Prime Minister to enable rural women to earn at least Rs 1 lakh annually through enterprise activities supported by the DAY-NRLM.
• Public Sector Banks involved include Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, Punjab National Bank, and UCO Bank.
• IDBI Bank Limited: The private bank that signed the MoU.

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11. What does Section 6A of the Citizenship Act, 1955 primarily deal with?
A) Granting citizenship to foreigners residing in Assam between 1966 and 1971
B) Providing special rights to ethnic minorities in Assam
C) Denying citizenship to immigrants in Assam
D) Regulating the voting rights of Assam residents
E) Establishing an NRC framework for the entire country
Answer: A) Granting citizenship to foreigners residing in Assam between 1966 and 1971

Event and Location:

• Event: Supreme Court Verdict on Section 6A of the Citizenship Act
• Location: Supreme Court of India, New Delhi

Mandates and Objectives:

• Section 6A of the Citizenship Act, 1955: Introduced as part of the Assam Accord, this provision deals with granting citizenship to foreigners who entered Assam during specific periods.
  • Citizenship for residents: It grants citizenship rights to those who entered Assam before January 1, 1966 and were ordinarily resident in the state.
  • For those entering Assam between January 1, 1966, and March 25, 1971, it allows citizenship rights but denies them the right to vote for 10 years.
• Supreme Court Verdict: In a 4:1 majority, a Constitution Bench upheld the constitutional validity of Section 6A. However, Justice J.B. Pardiwala dissented, deeming it unconstitutional with prospective effect.

Important Terms Explained:

• Assam Accord: A Memorandum of Settlement signed on August 15, 1985 between the Indian Government and representatives of the Assam Movement, seeking to address the issue of illegal immigrants following the Indo-Pakistan War of 1971.
• Article 29(1): Provides for the protection of the interests of minorities in India by preserving their culture and identity.
• NRC (National Register of Citizens): A register aimed at identifying genuine Indian citizens and detecting illegal immigrants in Assam.

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12. What is the name of India’s first self-powered indoor air quality monitoring facility launched at Thiruvananthapuram Airport?
A) Pavana Chitra
B) Air Suraksha
C) Swachh Vayu
D) Clean Air Monitor
E) Vayu Pragati
Answer: A) Pavana Chitra

Event and Location:

• Event: Inauguration of Pavana Chitra
• Location: Thiruvananthapuram International Airport, Kerala

Mandates and Objectives:

• Pavana Chitra is India’s first self-powered indoor air quality monitoring facility launched at Thiruvananthapuram Airport. The facility is powered by indigenous solar cells developed by CSIR-NIIST, which use locally sourced materials.
• The initiative emphasizes sustainable technology and showcases India’s capability to use homegrown solutions for addressing environmental challenges.

Important Terms Explained:

• CSIR-NIIST: The Council of Scientific and Industrial Research-National Institute for Interdisciplinary Science and Technology in Thiruvananthapuram, which developed the solar cells for the facility.
• Self-Powered Facility: A facility that does not rely on external power sources but generates its own energy, typically through solar or renewable energy solutions.

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