Daily Current Affairs October 12 & 13

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 12 & 13. 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.

TO PURCHASE OUR BANKING AWARENESS (2021 Edition) – CLICK HERE

October 12 & 13 | Daily Current Affairs 2024

Important Days – Daily Current Affairs October 12 & 13

1. What event did the Prime Minister of India recently commemorate, offering greetings and sharing a message on social media?
A) The centenary of the Indian Parliament
B) 75th Anniversary of India’s Independence
C) 100th Year of Rashtriya Swayamsevak Sangh (RSS)
D) Foundation Day of the Indian Army
E) 200th Year of the Reserve Bank of India
Answer: C) 100th Year of Rashtriya Swayamsevak Sangh (RSS)

Event and Location:

• Event: RSS enters its 100th year
• Location: Nationwide, with key events organized at RSS Headquarters in Nagpur, Maharashtra

Mandates and Objectives:

• RSS focuses on promoting national unity, cultural pride, and social service.
• The organization works towards nation-building by inspiring individuals to serve society with selflessness and discipline.
• It encourages efforts towards achieving a Viksit Bharat (Developed India).

Important Terms Explained:

• Rashtriya Swayamsevak Sangh (RSS):
  • A socio-cultural organization founded in 1925 by Keshav Baliram Hedgewar in Nagpur, Maharashtra.
  • It is known for promoting patriotism, volunteerism, and social service.
  • RSS emphasizes Hindu values and works to foster social harmony across different communities.
• Vijayadashami (Dussehra):
  • A Hindu festival celebrating the victory of good over evil, symbolized by Lord Rama’s victory over Ravana.
  • For RSS, Vijayadashami marks the organization’s foundation day, making it a key occasion for addresses by the Chief.

Static GK Information:

Tabular Summary:

---

 

Business and Economy – Daily Current Affairs October 12 & 13

2. Which company was recently granted Maharatna status by the Union Government, making it the 14th Maharatna CPSE?
A) Bharat Electronics Limited (BEL)
B) Hindustan Petroleum Corporation Limited (HPCL)
C) Hindustan Aeronautics Limited (HAL)
D) Steel Authority of India (SAIL)
E) Bharat Heavy Electricals Limited (BHEL)
Answer: C) Hindustan Aeronautics Limited (HAL)

Event and Location:

• Event: HAL becomes the 14th Maharatna CPSE
• Location: New Delhi

Mandates and Objectives:

• Eligibility for Maharatna Status:
  • CPSE must have Navratna status and be listed on the Indian stock exchange.
  • Minimum public shareholding must meet SEBI regulations.
  • Financial eligibility criteria:
    • Average annual turnover: ₹20,000 crore+
    • Average annual net worth: ₹10,000 crore+
    • Average annual net profit: ₹2,500 crore+ for the last 3 years.
  • Must have a global presence or international operations.
• Autonomy with Maharatna Status:
  • Enhanced decision-making in financial, investment, and operational matters.

Important Terms Explained:

• Maharatna CPSE:
  • A central public sector enterprise with significant financial autonomy, allowing it to make large-scale investments and expansions without prior government approval.
  • HAL joins other Maharatna companies like ONGC, NTPC, and BHEL.
• Atmanirbhar Bharat:
  • A government initiative promoting self-reliance by reducing imports and developing indigenous capabilities across sectors, especially Defence.
• Future Defence Projects:
  • HAL is working on advanced Defence systems like LCA MkII, AMCA, Indian Multirole Helicopter (IMRH), and Twin Engine Deck Based Fighter (TEDBF).
• iDEX and Technology Development Fund (TDF):
  • Government schemes encouraging innovation and R&D by start-ups, academia, and industry to boost Defence manufacturing.

Static GK Information:

Tabular Summary:

---

 

Defence – Daily Current Affairs October 12 & 13

3. Which two navies engaged in defence cooperation and joint training during the visit of the Indian Navy’s First Training Squadron to Muscat, Oman?
A) Indian Navy and Royal Navy of Oman
B) Indian Navy and US Navy
C) Indian Navy and Sri Lankan Navy
D) Indian Navy and Bangladesh Navy
E) Indian Navy and French Navy
Answer: A) Indian Navy and Royal Navy of Oman

Event and Location:

• Event: First Training Squadron concludes visit to Oman
• Location: Muscat, Oman

Mandates and Objectives:

• Strengthening Defence Cooperation: Discussions on training exchanges, shared knowledge, and joint exercises.
• Engagement with Omani counterparts: Cross-deck visits to explore fleet maintenance, naval facilities, and simulators.
• Outreach Programs:
  • Symphonic band performance at Oman Avenues Mall.
  • Visit to Indian School Wadi Kabir and ABLE Early Intervention Centre by Mrs. Vijaya Srinivas.
• Diplomatic Reception: Hosted by VAdm V Srinivas, attended by Indian diplomats, Omani dignitaries, and naval officers.

Important Terms Explained:

• First Training Squadron (1TS):
  • A squadron of Indian Navy ships used for training cadets and naval exercises.
  • Ships involved: INS Tir (training ship), INS Shardul (amphibious warfare vessel), and ICGS Veera (Coast Guard offshore patrol vessel).
• Royal Navy of Oman:
  • The naval branch of the Sultan’s Armed Forces, responsible for Oman’s maritime defence.
  • Engages in bilateral naval cooperation with India, focusing on shared maritime interests.

Static GK Information:

Tabular Summary:

---

4. What was the total cost of the infrastructure projects inaugurated by the Defence Minister under the Border Roads Organisation (BRO)?
A) ₹731.22 crore
B) ₹1,500 crore
C) ₹2,236 crore
D) ₹16,000 crore
E) ₹3,000 crore
Answer: C) ₹2,236 crore

Event and Location:

• Event: Inauguration of 75 Infrastructure Projects by BRO
• Location: Ceremony held at Sukna, West Bengal; projects inaugurated across 11 border states/UTs, including J&K

Mandates and Objectives:

• Infrastructure Development: Inauguration of 22 roads, 51 bridges, and 2 miscellaneous projects to enhance border connectivity.
• Key Projects in J&K:
  • Roads: Basoli-Bani-Bhaderwah, Bandipur-Gurez, Mohura-Baaz.
  • Bridges: Constructed at locations like Sawa-II, Nirunar, and Gurai.
• BRO’s Record Achievement:
  • 111 projects completed in 2024, including these 75.
  • Over the past 5 years, BRO completed 450 projects worth ₹16,000 crore.
• Challenges:
  • BRO works in high-altitude areas with low oxygen, harsh weather, and difficult terrain.

Important Terms Explained:

• Border Roads Organisation (BRO):
  • An infrastructure-building agency under the Defence Ministry responsible for constructing roads and bridges in remote border areas.
  • Its motto is “Connecting Places, Connecting People.”
• Project Sampark and Project Beacon:
  • Infrastructure initiatives under BRO aimed at building strategic roads and bridges in Jammu & Kashmir.
  • Project Sampark: Focuses on the western sector, including J&K.
  • Project Beacon: Develops infrastructure in northern Kashmir.

Static GK Information:

Tabular Summary:

---

5. Which ships from the First Training Squadron (1TS) visited Bahrain and UAE as part of their deployment?
A) INS Shardul and INS Kolkata
B) INS Tir and ICGS Veera
C) INS Vikrant and INS Tir
D) INS Shardul and INS Vikramaditya
E) INS Kochi and ICGS Veera
Answer: B) INS Tir and ICGS Veera

Event and Location:

• Event: Visit of First Training Squadron to Bahrain and UAE
• Locations:
  • Bahrain: Port of Manama
  • UAE: Port Rashid, Dubai

Mandates and Objectives:

• Strengthening Naval Cooperation:
  • Joint training sessions, cross-ship visits, and band concerts with Royal Bahrain Naval Forces (RBNF) and UAE Navy.
  • Planning a Maritime Partnership Exercise to foster interoperability.
• Engagement with Regional Partners:
  • Interaction with CMF (Combined Maritime Forces) partners to promote maritime security in the region.
• Exposure for Sea Trainees:
  • The deployment provides sea trainees with hands-on training and exposure to diverse naval practices.
• Cultural and Community Engagement:
  • Includes yoga sessions, friendly sports fixtures, and social activities to strengthen diplomatic relations.

Important Terms Explained:

• First Training Squadron (1TS):
  • A fleet within the Indian Navy designed to provide training and practical exposure to sea trainees.
  • It includes ships such as INS Tir, a training ship, and ICGS Veera, an offshore patrol vessel.
• Maritime Partnership Exercise:
  • A cooperative naval exercise aimed at enhancing coordination, interoperability, and shared maritime security between participating navies.
• CMF (Combined Maritime Forces):
  • A multinational naval partnership focused on promoting maritime security and stability in the region, including anti-piracy and counter-terrorism operations.

Static GK Information:

Tabular Summary:

---

International Affairs – Daily Current Affairs October 12 & 13

6. What was the primary focus of the Indo-US Endowment Awards presented by Dr. Jitendra Singh?
A) Space exploration and drone technology
B) AI-enabled technologies and quantum technologies
C) Renewable energy and green technology
D) Biotechnology and pharmaceutical advancements
E) Financial technology and blockchain solutions
Answer: B) AI-enabled technologies and quantum technologies

Event and Location:

• Event: Presentation of Indo-US Endowment Awards
• Location: United States – India Science & Technology Endowment Fund (USISTEF) award function

Mandates and Objectives:

• Fostering Innovation:
  • Encouraging joint collaboration between Indian and US scientists to develop emerging technologies like AI and quantum computing.
  • Promoting AI-based solutions such as decision support systems and GPT-powered AI models.
• Expanding Indo-US Collaboration:
  • As part of iCET, both countries signed new agreements to enhance cooperation in areas like computer science, cyber-physical systems, and trustworthy cyberspace.
• Startup Growth in India:
  • India’s startup ecosystem grew from 350 startups in 2014 to over 1,40,000 startups today, with 110 Unicorns, including 23 formed in the past year.

Important Terms Explained:

• USISTEF (United States – India Science & Technology Endowment Fund):
  • Established in 2009, it supports joint Indo-US entrepreneurial initiatives to develop market-ready technologies.
  • Focus areas include AI, quantum technologies, and critical emerging technologies beyond the ideation stage.
• iCET (Initiative on Critical and Emerging Technology):
  • A collaboration between the US and India to boost partnerships in key technology areas, including AI, quantum computing, advanced manufacturing, and blockchain.

Static GK Information:

Tabular Summary:

---

National Affairs – Daily Current Affairs October 12 & 13

7. What is the key achievement of the PM GatiShakti National Master Plan in its three years of operation?
A) Establishment of 50 new airports across India
B) Onboarding 36 States/UTs and 44 Central Ministries on a unified platform
C) Implementation of 5000 smart city projects under PM GatiShakti
D) Signing infrastructure pacts with 15 countries
E) Establishment of 20 new industrial corridors
Answer: B) Onboarding 36 States/UTs and 44 Central Ministries on a unified platform

Event and Location:

• Event: PM GatiShakti National Master Plan completes three years
• Location: Nation-wide adoption across Central Ministries, States, and UTs

Mandates and Objectives:

• Integration of Ministries and States/UTs: 44 Central Ministries and 36 States/UTs onboarded with 1600 data layers.
• Improving logistics and reducing costs: Supports the National Logistics Policy by addressing infrastructure gaps and enhancing efficiency.
• Social Development Focus: Extended to education, healthcare, and postal services to improve infrastructure in rural and underserved regions.
• Training and Capacity Building: Over 20,000 officials trained on the iGoT platform, with continuous training at institutions like LBSNAA and SVPNPA.
• International Collaboration: Diplomatic engagements initiated with Nepal, Bangladesh, Sri Lanka, and others to share geospatial technology and planning strategies.

Important Terms Explained:

• PM GatiShakti National Master Plan (NMP):
  • Launched on 13th October 2021 to promote multi-modal infrastructure development.
  • Uses geospatial technology and real-time data monitoring for better coordination across government bodies.
  • Aims to achieve sustainable logistics solutions aligned with India’s Net Zero 2070 commitments.
• National Logistics Policy (NLP):
  • Launched to reduce logistics costs and improve India’s global ranking in logistics performance.
  • India improved its Logistics Performance Index rank from 44th in 2018 to 38th in 2023.
• BISAG-N:
  • Bhaskaracharya National Institute for Space Applications and Geoinformatics.
  • Provides technical support for developing geospatial infrastructure, including PM GatiShakti’s portals.

Static GK Information:

Tabular Summary:

---

8. What percentage of the Geological Survey of India Training Institute’s (GSITI) energy needs will the new rooftop solar power plant meet?
A) 50%
B) 60%
C) 75%
D) 85%
E) 100%
Answer: C) 75%

Event and Location:

• Event: Inauguration of Rooftop Solar Power Plant
• Location: Geological Survey of India Training Institute (GSITI), Hyderabad, Telangana

Mandates and Objectives:

• Sustainable Energy Use: The rooftop solar plant promotes renewable energy and reduces carbon emissions.
• Financial Savings: The 150-kilowatt plant will save ₹30 lakh annually by meeting 75% of GSITI’s energy needs.
• Environmental Stewardship: The event also included sapling plantation to highlight environmental responsibility.
• Support for National Goals: This project aligns with the government’s larger objective to increase the share of renewable energy and achieve climate goals.

Important Terms Explained:

• Pradhan Mantri Surya Ghar Muft Bijli Yojana:
  • A government scheme encouraging households to install solar panels and generate their own electricity.
  • Aims to reduce household energy bills and increase India’s reliance on clean solar energy.
• Rooftop Solar Power Plant:
  • A solar system installed on rooftops to generate renewable energy for local use.
  • Reduces dependency on conventional energy sources, helping institutions like GSITI lower costs and carbon footprints.

Static GK Information:

Tabular Summary:

---

9. Which organization has empowered district authorities in NCR, Punjab, Haryana, Rajasthan, and Uttar Pradesh to prosecute officials for failing to act on stubble burning violations?
A) Ministry of Agriculture and Farmers’ Welfare
B) National Green Tribunal (NGT)
C) Commission for Air Quality Management (CAQM)
D) Central Pollution Control Board (CPCB)
E) Ministry of Environment, Forest and Climate Change
Answer: C) Commission for Air Quality Management (CAQM)

Event and Location:

• Event: CAQM empowers district authorities to act on stubble burning violations
• Location: Punjab, Haryana, Rajasthan, Uttar Pradesh, and Delhi NCR

Mandates and Objectives:

• Legal Authority:
  • District authorities can file complaints or initiate prosecutions against officials failing to control stubble burning.
• Field Monitoring:
  • 26 Central teams deployed in Punjab and Haryana for close coordination with local authorities.
• Paddy Stubble Management Cell:
  • Located in Chandigarh, it monitors the use of in situ and ex situ techniques for managing crop residue.
• Air Quality Management:
  • Aims to reduce air pollution caused by stubble burning, aligning with CAQM’s action plans for 2024.
• Updated Action Plans:
  • Developed for Punjab, Haryana, and NCR districts of Uttar Pradesh based on previous years’ field experiences.

Important Terms Explained:

• CAQM (Commission for Air Quality Management):
  • Established under the CAQM Act, 2021 to improve air quality in Delhi NCR and adjoining regions.
  • Empowers authorities to take strict enforcement actions against stubble burning and pollution.
• In Situ and Ex Situ Management:
  • In situ management: Refers to treating crop residues within the field (e.g., mulching).
  • Ex situ management: Involves removing residues and repurposing them for other uses (e.g., biofuel production).
• Stubble Burning:
  • A practice where farmers burn paddy crop residue to clear fields for the next sowing season, contributing to severe air pollution in northern India.

Static GK Information:

Tabular Summary:

---

10. How much grant was released as the first instalment for Rajasthan under the XV Finance Commission grants for 2024-25?
A) ₹760.6769 crores
B) ₹988 crores
C) ₹1267 crores
D) ₹507.1177 crores
E) ₹395.5091 crores
Answer: C) ₹1267 crores

Event and Location:

• Event: Release of XV Finance Commission Grants to Rural Local Bodies (RLBs)
• Location: Andhra Pradesh and Rajasthan

Mandates and Objectives:

• Grant Allocation:
  • Untied grants can be used by Panchayats to address local needs across 29 subjects under the Eleventh Schedule (e.g., agriculture, sanitation, education).
  • Tied grants must be utilized for core services such as sanitation, water management, and maintaining ODF (Open Defecation Free) status.
• Empowering Grassroots Governance:
  • Supports the principle of Gram Swaraj (village self-governance), enhancing local leadership.
  • Funds reinforce the government’s commitment to “Sabka Saath, Sabka Vikas, Sabka Viswas, Sabka Prayas” for inclusive and sustainable growth.
• Grant Management:
  • Managed through the Ministry of Panchayati Raj and Ministry of Jal Shakti.
  • Grants are released twice annually by the Ministry of Finance to eligible Panchayats.

Important Terms Explained:

• XV Finance Commission (XV FC):
  • A constitutional body that recommends financial allocations to states for local bodies and public infrastructure.
  • For 2024-25, grants are released to RLBs to enhance rural governance and infrastructure.
• Untied Grants:
  • Flexible funds used by Panchayats to meet local needs across various sectors.
  • Cannot be spent on salaries or administrative expenses.
• Tied Grants:
  • Restricted funds allocated for specific purposes such as sanitation, ODF maintenance, and water resource management.

Static GK Information:

Tabular Summary:

---

---

Over All Review

DOWNLOAD TODAY’S CURRENT AFFAIRS PDF – CLICK HERE

You Must Also Read Daily Current Affairs October 11