Daily Current Affairs October 14&15
Table of Contents
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October 14&15| Daily Current Affairs 2023
Important Days – Daily Current Affairs October 14&15
1. On which date do people worldwide observe World Standards Day each year?
A) December 31
B) June 1
C) October 14
D) August 15
E) November 11
Answer: C) October 14
- Every year, on October 14, people worldwide observe World Standards Day, also referred to as International Standards Day.
- The theme for World Standards Day 2023 is “Shared Vision for a Better World: Incorporating Sustainable Development Goal for Good Health and Well-Being.”
- World Standards Day is organized and led by the International Electrotechnical Commission (IEC), the International Organization for Standardization (ISO), and the International Telecommunication Union (ITU), which are the primary global developers of international standards.
- World Standards Day was inaugurated on October 14, 1946, and was initiated by prominent international standards organizations such as ISO, IEC, and ITU.
International Day of Rural Women
- The International Day of Rural Women is observed annually on October 15.
- On December 18, 2007, in its resolution 62/136, the United Nations General Assembly formally recognised the vital role played by rural women in ushering agricultural and rural development, enhancing food security and reducing poverty.
- On October 15, 2008, International Day of Rural Women was observed for the first time.
- The theme of this year’s celebration of International Day of Rural Women is, “Rural Women Cultivating Good Food for All.”
Global Handwashing Day
- Global Handwashing Day is celebrated every year on October 15.
- This year’s theme for Global Handwashing Day is “Clean hands are within reach”.
- The first Global Handwashing Day was held in 2008, when over 120 million children around the world washed their hands with soap in more than 70 countries.
World Students’ Day
- World Students’ Day is celebrated on 15 October, the birthday of the 11th President of India, A. P. J. Abdul Kalam.
- October 15 was designated as World Students’ Day in 2010 to honour Kalam’s many contributions – especially in the fields of academia and research.
Obituary – Daily Current Affairs October 14&15
2. Who was Ghulam NabiKhayal?
A) A renowned poet from Jammu and Kashmir
B) A famous Bollywood actor
C) A prominent scientist
D) The Prime Minister of India
E) A legendary cricketer from Jammu and Kashmir
Answer: A) A renowned poet from Jammu and Kashmir
- SahityaAkademi award winner and veteran journalist from Jammu and Kashmir Ghulam NabiKhayal died
- Khayal, who was given the national award for his book ‘GaashikMinaar’ in 1975
Khayal authored more than 30 books and started his career as a news reader in Radio Kashmir in 1950s.
3. Who was the renowned poet awarded the Nobel Prize for Literature in 2020, and who recently passed away?
A) Maya Angelou
B) Robert Frost
C) Emily Dickinson
D) Langston Hughes
E) Louise Gluck
Answer: E) Louise Gluck
- Louise Gluck, a renowned poet who won a Nobel Prize for Literature in 2020, has died
Her poetry was known for its candor in exploring family and childhood with “an unmistakable voice” and “austere beauty,” the Swedish Academy, which is responsible for selecting the winner of the literature prize, said when awarding her the Nobel
A professor of English at Yale University, Gluck first rose to critical acclaim with her 1968 collection of poems entitled “Firstborn” - Gluck won a Pulitzer Prize in 1993 for her poetry collection “The Wild Iris,” with the title poem touching on suffering and redolent with imagery of the natural world.
- She served as Poet Laureate of the United States in 2003-04 and was awarded the National Humanities Medal by President Barrack Obama in 2016.
- In her lifetime, she published 12 collections of poetry and several volumes of essays.
- Born in New York, Gluck became the 16th woman to win a Nobel Prize for Literature, the literary world’s most prestigious award.
Banking and Finance – Daily Current Affairs October 14&15
4. Which organization has partnered with the West Bengal government to conduct a study for the development of economic corridors in the state?
A) World Health Organization (WHO)
B) United Nations Educational, Scientific, and Cultural Organization (UNESCO)
C) International Monetary Fund (IMF)
D) The Asian Development Bank (ADB)
E) World Bank
Answer: D) The Asian Development Bank (ADB)
- The Asian Development Bank (ADB) has joined hands with the West Bengal government to undertake a study for the development of economic corridors in the state
- The study aims at strategising economic development across the nodes of Andal-Panagarh, Kharagapur-Goaltore-Salboni and growth centres such as Siliguri, Dankuni and Kalyani with urban-industriallogistics-skills-energy-social sector convergence.
- The ADB has worked on a number of landmark projects, including the East Coast Economic Corridor and the Bangladesh Corridor study
- Chief Minister Mamata Banerjee recently announced the Industrial and Economic Corridor Policy and that the government plans to develop and upgrade three corridors — Dankuni–Kalyani, Tajpur-Raghunathpur and Dankuni-Jhargram — in southern West Bengal, and another from Panagarh to Cooch Behar spanning across the northern districts.
- The corridors will be developed through the land availability portal and will generate huge employment opportunities across West Bengal
Asian Development Bank:
Member Countries: 68
Founded Year : 1966
Headquarters: Manila, Philippines
Head : MasatsuguAsakawa
West Bengal:
Capital : Kolkata
CM : Mamata Banerjee
Governor : JagdeepDhankhary
5. Which financial institutions have been penalized by the Reserve Bank of India (RBI) for violating certain norms?
A) State Bank of India (SBI), HDFC Bank, and Axis Bank
B) Punjab National Bank (PNB), ICICI Bank, and IDFC First Bank
C) RBL Bank, Union Bank, and Bajaj Finance
D) Canara Bank, Bank of Baroda, and Kotak Mahindra Bank
E) Central Bank of India, Indian Overseas Bank, and UCO Bank
Answer: C) RBL Bank, Union Bank, and Bajaj Finance
- The Reserve Bank of India (RBI) has imposed monetary penalties on RBL Bank, Union Bank, and Bajaj Finance due to violation of certain norms.
- RBL Bank has been fined Rs 64,00,000 for its failure to obtain an annual declaration in Form B from one of its major shareholders within the stipulated time frame of one month after the close of the financial years ending on March 31, 2018, March 31, 2019, and March 31, 2020. The bank also neglected to provide certificates to RBI confirming the ‘fit and proper’ status of one of its major shareholders by the end of September in these respective financial years.
- Further, Union Bank of India has incurred a penalty of Rs 1 crore for its failure to comply with specific directions. The bank had sanctioned a term loan to a corporation without conducting necessary due diligence on the viability and bankability of the projects. This non-compliance occurred as the bank did not ensure that the revenue generated from these projects was adequate to cover the debt servicing obligations. Additionally, the repayment and servicing of the loan were made from budgetary resources, contrary to the prescribed regulations.
- A penalty worth Rs 8,50,000 was imposed on Bajaj Finance. The penalty was levied due to the company’s non-compliance with the ‘Monitoring of Frauds in NBFCs Directions, 2016,’ a set of guidelines issued by the RBI.
RBL Bank:
Headquarters: Mumbai, Mahrashtra
Interim MD and CEO : R Subramaniakumar
Tagline: Apnoka Bank
Union Bank of India:
Headquarters : Mumbai, Maharashtra
MD & CEO : A. Manimekhalai
Tagline: Good People to Bank with
Bajaj Finance Limited:
Headquarters: Pune, Maharashtra
Chairman: & MD: Sanjiv Bajaj
Acquisitions and Mergers – Daily Current Affairs October 14&15
6. Tata Motors recently signed an agreement to sell approximately 10% stake in which subsidiary to TPG Rise Climate for Rs 1,613.7 crore?
A) Tata Consultancy Services (TCS)
B) Tata Communications
C) Tata Technologies
D) Tata Steel
E) Tata Power
Answer: C) Tata Technologies
- Tata Motors has inked a pact to sell around 10 per cent stake in its subsidiary Tata Technologies to TPG Rise Climate for Rs 1,613.7 crore.
- The company has entered into share purchase agreements to sell a 9.9 per cent stake in Tata Technologies Ltd (TTL)
Tata Motors Limited:
Non-Executive Director and Chairman : Mr. Natarajan Chandrasekaran
Headquarters: Mumbai
Appointments – Daily Current Affairs October 14&15
7. Who has been appointed as the chairman of the Tea Board by the Union Commerce and Industry Ministry?
A) Amardeep Singh Bhatia
B) Narendra Modi
C) Ramesh Kumar
D) Indira Gandhi
E) Sachin Tendulkar
Answer: A) Amardeep Singh Bhatia
- The Union Commerce and Industry Ministry has appointed Amardeep Singh Bhatia as chairman of Tea Board.
- Bhatia, additional secretary in the Commerce and Industry ministry, will hold the post of chairman of Tea Board with effect from October 12 as an additional charge for a period of six months
- Saurav Pahari will remain the deputy chairman of the Tea Board.
Tea Board of India:
Headquarters: Kolkata
Founded: 1 April 1954
Chairman: Amardeep Singh Bhatia
Awards – Daily Current Affairs October 14&15
8. In which international military exercise did the Indian Army win a gold medal in 2023?
A) NATO Summit Military Exercise in France
B) Dragon Hammer Military Exercise in South Korea
C) Cambrian Patrol Competition in Wales, UK
D) Sahara Aegis Military Exercise in Egypt
E) Baltic Protector Military Exercise in Sweden
Answer: C) Cambrian Patrol Competition in Wales, UK
- The Indian Army won a gold medal at the Cambrian Patrol Competition 2023 International Military Exercise in Wales, UK.
- A team from 3/5 Gorkha Rifles (Frontier Force) represented the Indian Army at the prestigious Cambrian Patrol Exercise in Wales
- The Indian Army team participated in the event and competed against a total of 111 teams, which included 38 international teams representing Special Forces and prestigious regiments from around the world.
- Exercise Cambrian Patrol, organised by the UK Army, is considered the ultimate test of human endurance and team spirit and is sometimes referred to as the Olympics of Military Patrolling among militaries in the world
- In the year 2021, the Indian Army also won a gold medal at the Cambrian Patrol Exercise held in the UK while competing against 96 teams including 17 international teams representing Special Forces and prestigious Regiments from around the world.
- A team from 4/5 Gorkha Rifles (Frontier Force) — represented the Indian Army at the prestigious Cambrian Patrol Exercise at Brecon, Wales, UK, in 2021
Science and Technology – Daily Current Affairs October 14&15
9. Which organization recently launched a spacecraft to explore the metal-rich asteroid Psyche?
A) European Space Agency (ESA)
B) China National Space Administration (CNSA)
C) Indian Space Research Organisation (ISRO)
D) National Aeronautics and Space Administration (NASA)
E) Russian Federal Space Agency (ROSCOSMOS)
Answer: D) National Aeronautics and Space Administration (NASA)
- NASA launched a spacecraft from Florida on its way to Psyche, the largest of the several metal-rich asteroids known in our solar system and a body thought to be the remnant core of an ancient protoplanet.
- The Psyche probe, folded inside the cargo bay of a SpaceX Falcon Heavy rocket, blasted off from NASA’s Kennedy Space Center in Cape Canaveral on a planned journey 2.2 billion miles (3.5 billion km) through space
- SpaceX launched the spacecraft into a midmorning sky from NASA’s Kennedy Space Center
- The spacecraft, roughly the size of a small van, is due to reach the asteroid in August 2029.
- This asteroid measures roughly 173 miles (279 km) across at its widest point and resides on the outer fringes of the main asteroid belt between the planets Mars and Jupiter
- The asteroid, discovered in 1852 and named for the goddess of the soul in Greek mythology, is the largest of about nine known asteroids that appear from ground-based radar observations to consist largely of metal, with rocky material mixed in.
NASA:
Abbreviation: National Aeronautics and Space Administration
Establishment – 1958
Administrator – Bill Nelson
Chief Scientist – Jim Green
Headquarter – Washington D.C, United States
10. Which agriculture research body signed an agreement with IIT Kanpur to support incubators and startups?
A) Indian Space Research Organisation (ISRO)
B) National Aeronautics and Space Administration (NASA)
C) International Crops Research Institute for the Semi-Arid Tropics (ICRISAT)
D) Food and Agriculture Organization (FAO)
E) Indian Council of Agricultural Research – Indian Agricultural Research Institute (ICAR-IARI)
Answer: E) Indian Council of Agricultural Research – Indian Agricultural Research Institute (ICAR-IARI)
- Agriculture research body ICAR-IARI has signed an agreement with IIT Kanpur to support incubators and startups.
- PusaKrishi is a special-purpose initiative of ICAR-IARI (Indian Council of Agricultural Research – Indian Agricultural Research Institute). It is an agri-innovation hub transforming agriculture through entrepreneurship and innovation.
- The MoU was signed virtually by Viswanathan Chinnusamy, Joint Director (Research) IARI and Professor Ankush Sharma, Department of Electrical Engineering, SIIC IIT Kanpur.
- Through this pact, both sides will provide vital support to incubators and startups, fostering their growth and success. PusaKrishi and SIIC IIT expressed their commitment to explore and establish further collaborations to drive advancements and innovations in agriculture.
National Affairs – Daily Current Affairs October 14&15
11. Who unveiled the bust of Gurudev Rabindranath Tagore at the International Friendship Park in Bac Ninh province?
A) Prime Minister Narendra Modi
B) Former President Ram NathKovind
C) Minister of External Affairs Dr. S Jaishankar
D) Chief Minister of Odisha
E) Nobel Laureate Amartya Sen
Answer: C) Minister of External Affairs Dr. S Jaishankar
- Minister of External Affairs Dr. S Jaishankar who is on a visit to Vietnam, unveiled the bust of Gurudev Rabindranath Tagore at the International Friendship Park in Bac Ninh province
- Earlier in the day, Dr.Jaishankar visited the historical Tran Quoc Pagoda in Hanoi.
- The External Affairs Minister is in Vietnam to co-chair the 18th Joint Commission Meeting on October 16
- He arrived in the country October 15, for his four-day visit and was welcomed by his counterpart Bui Thanh Son, at whose invitation the EAM is in Vietnam.
- Following the visit to Vietnam, EAM Dr. S Jaishankar will fly to Singapore on an official visit from October 19-20.
- Gitanjali, a collection of poetry, is Tagore’s most famous work and was published in India in 1910.
- Tagore won the Nobel Prize for Literature for its English translation, Song Offerings, making him the first non-European to receive this honour in 1913.
- Vietnam issued a commemorative postage stamp in honour of Tagore in 1982.
Vietnam:
capital : Hanoi
Currency : Vietnamese dong
Prime Minister : Pham Minh Chinh
President: Vo Van Thuong
12. Who inaugurated Nagaland’s first medical college, the Institute of Medical Sciences and Research (NIMSR)?
A) Prime Minister Narendra Modi
B) President Ram NathKovind
C) Union Health Minister Mansukh Mandaviya
D) Nagaland’s Chief Minister
E) Renowned physician Dr. APJ Abdul Kalam
Answer: C) Union Health Minister Mansukh Mandaviya
- Union Health Minister Mansukh Mandaviya inaugurated Nagaland’s first medical college – the Institute of Medical Sciences and Research (NIMSR).
- The college was inaugurated in the state capital Kohima in the presence of Chief Minister Neiphiu Rio.
- NIMSR Kohima is affiliated with Nagaland University and it has 100 MBBS seats – 85 seats for the students of Nagaland and 15 seats for the students of other states.
13. Where will the Ninth P20 Summit be hosted, in cooperation with the IPU (Inter-Parliamentary Union)?
A) New York, USA
B) London, United Kingdom
C) New Delhi, India
D) Geneva, Switzerland
E) Beijing, China
Answer: C) New Delhi, India
- The Ninth P20 Summit will be hosted by Parliament of India in cooperation with IPU on 13-14 October 2023 in New Delhi.
- The Summit will be preceded by a Parliamentary Forum on 12 October 2023.
- The theme of the Summit is Parliaments for One Earth, One Family, One Future, which draws inspiration from the ancient Indian philosophy of VasudhaivaKutumbakam (The World is one Family).
- The Summit will host four high-level sessions on Accelerating SDGs; Sustainable Energy Transition; Women led Development; and Transformation in Peoples’ Lives through Public Digital Platforms.
- A Parliamentary Forum will also be organized on ‘LiFE’ (Lifestyle for Environment) as a pre-Summit event to promote adoption of sustainable lifestyles and sustainable patterns of production and consumption.
14. Who unveiled the ‘Juhi’ mascot for the Jharkhand Women’s Asian Champions Trophy Ranchi 2023?
A) Prime Minister Narendra Modi
B) Bollywood actress Juhi Chawla
C) Chief Minister Hemant Soren
D) Former President Ram NathKovind
E) Indian Women’s Hockey Team Captain Rani Rampal
Answer: C) Chief Minister Hemant Soren
- Chief Minister Hemant Soren unveiled the mascot for the Jharkhand Women’s Asian Champions Trophy Ranchi 2023 at the Project Bhawan in Dhurva
- The mascot, named ‘Juhi’ is inspired by the popular elephant at Betla National Park.
- The trophy tour will culminate on October 25th, 2023, with the trophy returning to Ranchi, ahead of the start of the tournament
- Jharkhand Women’s Asian Champions Trophy Ranchi 2023 is set to begin in two weeks and will take place from October 27 to November 5.
15. With which organization has the REC, a ‘Maharatna’ company under the Ministry of Power, signed a Memorandum of Understanding (MoU) for various Information & Communications Technology (ICT) and Digital Transformation?
A) National Aeronautics and Space Administration (NASA)
B) Indian Space Research Organisation (ISRO)
C) National Informatics Centre Services Inc. (NICSI)
D) United Nations Development Programme (UNDP)
E) Telecom Regulatory Authority of India (TRAI)
Answer: C) National Informatics Centre Services Inc. (NICSI)
- The REC (formerly Rural Electrification Corporation Limited) – a ‘Maharatna’ company under the the Ministry of Power, has signed a Memorandum of Understanding (MoU) with M/s National Informatics Centre Services Inc. (NICSI) under National Informatics Centre (NIC), Ministry of Electronics & Information Technology, Government of India for various Information & Communications Technology (ICT) and Digital Transformation
- This MoU will benefit the REC ecosystem by facilitating exploration of latest technology in evolving areas like IoT, Artificial Intelligence, Machine Learning, Data Analytics, Blockchain, Cyber Security etc.
- The MoU to this effect was signed by Sh. Pankaj Gupta, Sr.GM &HoD (IT) – REC Limited and Dr. Vinay Thakur, MD – NICSI in New Delhi.
- This collaboration with NICSI will enable REC in providing one-stop end-to-end NIC/NICSI Software products deployment, hosting, core roll-out, technical support, security, services, system administration, etc.
Rural Electrification Corporation Limited (REC Limited):
Headquarters: New Delhi, Delhi
Founded: 25 July 1969
CMD: Vivek Kumar Dewagan
16. Which two Central Public Sector Enterprises (CPSEs) under the Ministry of Railways were recently announced as the 15th and 16th Navratna companies, respectively?
A) National Thermal Power Corporation (NTPC) and Oil and Natural Gas Corporation (ONGC)
B) Steel Authority of India Limited (SAIL) and Bharat Heavy Electricals Limited (BHEL)
C) Ircon International Limited (IRCON) and RITES Ltd (RITES)
D) Coal India Limited (CIL) and Indian Oil Corporation (IOC)
E) Hindustan Aeronautics Limited (HAL) and National Aluminium Company (NALCO)
Answer: C) Ircon International Limited (IRCON) and RITES Ltd (RITES)
- Ircon International Limited (IRCON) and RITES Ltd (RITES) both Central Public Sector Enterprise (CPSE) under the Ministry of Railways, have been announced as 15th and 16th Navratna respectively among CPSEs.
- The Ministry of Finance conferred ‘Navratna’ status on RITES and IRCON
Entering its 50th year of incorporation, RITES Ltd is a leading transport infrastructure consultancy and engineering firm in India. It provides services in the diverse sectors of transportation, railways, export of rolling stock, highways, airports, metros, urban engineering & sustainability, ports & waterways, and energy management - The core competence of IRCON in 47th years is in Railways, Highways & Extra High Tension substation engineering and Construction.
Ircon International Limited (IRCON):
Founded: 27 April 1976
Headquarters: New Delhi, Delhi
CMD: Yogesh kumar Mishra
17. Who inaugurated the 141st International Olympic Committee (IOC) Session in Mumbai?
A) Former President Ram NathKovind
B) Prime Minister Narendra Modi
C) Chief Minister of Maharashtra
D) IOC President Thomas Bach
E) Bollywood actor Aamir Khan
Answer: B) Prime Minister Narendra Modi
- The Prime Minister, Shri Narendra Modi inaugurated the 141st International Olympic Committee (IOC) Session in Mumbai.
- The Session provides an opportunity for interaction and knowledge sharing among the various stakeholders related to sports.
- India is hosting the IOC session for the second time after a gap of about 40 years.
- The IOC’s 86th session was held in New Delhi in 1983.
- The 141st IOC Session, being held in India embodies the nation’s dedication to fostering global cooperation, celebrating sporting excellence and furthering the Olympic ideals of friendship, respect, and excellence. It provides an opportunity for interaction and knowledge sharing among the various sports-related stakeholders.
- The session was also attended by the President of the International Olympic Committee, Mr. Thomas Bach and other members of the IOC, along with prominent Indian sports personalities and representatives from various sports federations, including the Indian Olympic Association.
Over All Review
Important Days
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Obituary
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Banking and Finance
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Acquisitions and Mergers
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Appointments
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Awards
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Science and Technology
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National Affairs
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