Daily Current Affairs October 21&22

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&22. 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&22| Daily Current Affairs 2023

Important Days – Daily Current Affairs October 21&22

1. On which date is National Police Commemoration Day observed annually in India?
A) November 26
B) December 6
C) October 2
D) October 21
E) September 15
Answer: D) October 21

  • National Police Commemoration Day is marked every year on October 21 to commemorate the police officers who have sacrificed their lives in the course of service.
  • It was in 1960 that an Annual Conference of Inspectors General of Police of States and Union Territories was organised to observe October 21 as the National Police Commemoration Day.
  • The day is set to honour the Bravehearts who protect the citizens of the country and are responsible for the enforcement of law and order.
  • Police Commemoration Day is also observed as Martyr’s Day in all police forces across India.
  • A national-level Police Commemoration Day parade has been organised since 2012 at the Police War Memorial in Chanakyapuri, New Delhi.
  • The day has been dedicated to the India-China conflict, when the Chinese troops opened fire at the Indian police force in Ladakh on October 21, 1959.
  • In the conflict, 10 of our heroic warriors sacrificed their lives while defending our borders at the hot springs in Aksai Chin in Ladakh. Seven others also suffered injuries.
  • China eventually returned the bodies of the 10 Indian martyrs on November 13, 1959.
    They were cremated with full police honours at Hot Springs. Later in 1960, October 21 was officially recognised and ever since, the day is commemorated as the Police Commemoration Day across the country.

World Iodine Deficiency Day

  • World Iodine Deficiency Day, also known as Global Iodine Deficiency Disorders Prevention Day, is celebrated every year on October 21.
  • The day is dedicated to raising awareness about the critical role of iodine in our health.

International Stuttering Awareness Day 2023

  • International Stuttering Awareness Day or International Stammering Awareness Day is an annual observance that falls on October 22.
  • Stuttering self-help groups began to emerge in the mid-20th century when people who stuttered came together to support each other, share their experiences and raise awareness about stuttering hence, playing a vital role in the early efforts to destigmatise the speech disorder.
  • Later in 1995, the International Stuttering Association (ISA) was founded by a group of individuals and organisations dedicated to promoting awareness and understanding of stuttering and to serve as an umbrella organisation for various stuttering support groups and associations around the world.
  • In 1998, the ISA officially launched International Stuttering Awareness Day, setting the date as October 22 to coincide with the birthday of the famous English author and playwright, Sir George Bernard Shaw, who was also known to have stuttered.
  • Shaw’s experiences with stuttering were an inspiration for many people who stutter and those advocating for greater awareness and acceptance of the condition.
  • The theme for International Stuttering Awareness Day this year is “One Size Does NOT Fit All”.

Obituary – Daily Current Affairs October 21&22

2. Who was the England World Cup winner and Manchester United great who recently passed away?
A) David Beckham
B) Wayne Rooney
C) Bobby Charlton
D) Steven Gerrard
E) Frank Lampard
Answer: C) Bobby Charlton

  • England World Cup winner and Manchester United greatBobby Charlton died
  • Making his debut for United in 1956, Charlton went on to play 758 matches for the Red Devils, scoring 249 goals.
  • He won three league three titles and one FA Cup at Old Trafford and, after leaving United in 1973 and becoming Preston manager, he returned to Old Trafford 11 years later as a club director.
  • He was knighted for services to football in 1994.
  • At the club level with Manchester United, he enjoyed great success and became the first English club to win the European Cup in 1968, a decade after members of the team were killed in an air crash in Munich.

Banking and Finance – Daily Current Affairs October 21&22

3. Which types of loans are included in Karnataka Bank’s ‘KBL Utsav 2023-24’ campaign launched from October 19 to December 31, 2023?
A) Personal loans and education loans
B) Home loans, car loans, agri loans, and gold loans
C) Business loans and industrial loans
D) Credit card loans and mortgage loans
E) Medical loans and travel loans
Answer: B) Home loans, car loans, agri loans, and gold loans

  • Private sector lender Karnataka Bank, has launched a Special campaign, “KBL UTSAV 2023-24,” for Home loans, Car loans, Agri loans, and Gold loans from October 19, 2023, to December 31, 2023 for the festive demands.
  • Customers can avail the benefits of digital banking and the offers of the special campaign across all its 912 Branches.
  • Under the KBL UTSAV campaign, Bank is offering attractive interest rates on Home loans and Car loans, a digital loan application & immediate approval for quick loan sanctions during this festive season. The Digital products were designed keeping in mind customers’ needs.
Titbits

Karnataka Bank:

Headquarters: Mangaluru,Karnataka
MD and CEO :Srikrishnan HariharaSarma
Tagline : Your Family Bank across India


4. Which organization’s wholly-owned subsidiary, NPCI Bharat BillPay, recently launched services under the Business-to-Business (B2B) category in India?
A) Reserve Bank of India (RBI)
B) Indian Ministry of Finance
C) State Bank of India (SBI)
D) National Payments Corporation of India (NPCI)
E) Securities and Exchange Board of India (SEBI)
Answer: D) National Payments Corporation of India (NPCI)

  • NPCI Bharat BillPay, a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), has launch services under the Business-to-Business (B2B) category. The service has gone live with Jio Payments Bank’s MyJio app for the Biller Arzooo with Axis Bank as the Biller Operating Unit (BOU).
  • Services will include flexible invoice presentation, complaint management and MIS (management information system), among others
  • Bharat BillPay has proposed to onboard sellers as Billers and enable their buyers to pay for the purchased goods/services across Bharat BillPay-enabled channels and modes.
  • Sellers will issue multiple invoices to their buyers, who will have the flexibility to pay one or more invoices in a single transaction.
  • The platform will offer multiple payment modes like UPI, net banking, cards, wallet, IMPS, cash, etc along with multiple payment channels like Mobile app, Website, Agent, Branch, etc
  • Operational from April 2021, Bharat BillPay offers recurring payment services to customers for over 20,000 billers across multiple banks and non-bank channels and has more than agent institutions on the platform.
Titbits

NPCI Bharat BillPay Ltd:

Headquarters: Mumbai, Maharashtra
Found: 13 September 2022
CEO: Ms NoopurChaturvedi

Axis Bank:

Headquarters : Mumbai, Maharashtra
CEO : Mr Amitabh Chaudhary
Tagline :BadhtiKaNaamZindagi


5. What did the Reserve Bank of India (RBI) initiate a pilot program for in the interbank call money market?
A) Foreign exchange trading
B) Wholesale distribution of currency notes
C) Central bank digital currency (CBDC) for retail customers
D) Gold trading
E) Stock market trading
Answer: C) Central bank digital currency (CBDC) for the wholesale segment

  • The Reserve Bank of India (RBI) initiated a pilot program for the wholesale segment of its central bank digital currency (CBDC) in the interbank call money market, according to dealers from participating banks.
  • Dealers said nine banks, including four public sector banks and five private sector banks, are participating in the e-rupee call money pilot.
  • This is the second use case of testing wholesale CBDC, the first being the government securities market introduced in November last year.
  • In the call money market, banks engage in short-term borrowing and lending activities among themselves, with interest rates determined by prevailing market conditions.
  • The operational process for the e-rupee pilot remains the same, except for the settlement, which will now be carried out using the CBDC instead of the real-time gross settlement used in trades on the Clearing Corp of India Limited (CCIL).
  • Dealers said the settlements will be in T+0 mode, indicating that trades will be settled on the same day.
  • The weighted average call rate has largely remained above the repo rate since August 10, after the announcement of the incremental cash reserve ratio (I-CRR). The weighted average call rate was at the same level as Wednesday – 6.72 per cent. The repo rate is at 6.5%.
  • RBI Executive Director Ajay Kumar Choudhary, who is in-charge of the fintech department, had previously stated that the central bank might launch the wholesale digital rupee pilot for the interbank call market by October.
  • The pilot of wholesale CBDC, also known as Digital Rupee-Wholesale (e-W), was started for the government securities market in November last year. It was restricted to facilitating the settlement of secondary market transactions in government securities.
  • Subsequently, the pilot for the retail CBDC commenced on December 1.
  • According to dealers. most participating banks remain the same from the wholesale e-rupee pilot for the government securities market with Federal Bank replacing HSBC in the call money pilot.
  • State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC were part of the wholesale CBDC in government securities pilot program.

Business and Economy – Daily Current Affairs October 21&22

6. What is the name of the flagship program launched by Google India, designed to identify and study emerging financial fraud patterns for early threat detection and warning?
A) Google Guard
B) DigiSecure
C) Google FraudAlert
D) DigiKavach
E) Google Financial Shield
Answer: D) DigiKavach

  • Google India has launched its flagship program, DigiKavach, an early threat detection and warning system designed to identify and study emerging financial fraud patterns.
  • It develops and implements effective counter measures before they cause widespread harm.
  • Google has collaborated with The Fintech Association for Consumer Empowerment (FACE) and onboarded them as a priority flagger to combat predatory digital lending apps on Play Store in India.
  • As a priority flagger, FACE will support Google with market intelligence to inform detection and enable swift action against personal loan apps in India non-compliant with Play Store’s policies
  • The announcement was made at the 9th Edition of Google for India annual event taking place at PragatiMaidan, New Delhi.

Appointments – Daily Current Affairs October 21&22

7. Who has been approved as the new Managing Director & CEO of Kotak Mahindra Bank by the Reserve Bank of India (RBI)?
A) Uday Kotak
B) Rana Kapoor
C) Aditya Puri
D) Ashok Vaswani
E) Chanda Kochhar
Answer: D) Ashok Vaswani

  • The Reserve Bank of India has approved the appointment of Ashok Vaswani as the Managing Director & CEO of Kotak Mahindra Bank (KMB) for a period of three years.
  • The appointment is with effect from the date of taking charge, which shall not be later than January 1, 2024
  • This will be the first time in its 20-odd years of operations that the Bank will be helmed by an outsider.
  • KVS Manian and Shanti Ekambaram, both Kotak Group veterans and Whole-time Directors on the Bank’s Board, were widely seen as top contenders for the CEO’s position.
  • Vawani was Chief Executive Officer of Barclays Bank, UK and subsequently CEO of their Global Consumer, Private, Corporate and Payments businesses and Member of the Group Executive Committee.
  • Earlier, He was CEO Citigroup Asia Pacific and Member of the Citigroup Global Operating & Management Committees. Currently, he is President of Pagaya Technologies Ltd – a US-Israeli AI Fintech.
Titbits

Kotak Mahindra Bank:

Headquarters : Mumbai, Maharashtra
Interim MD and CEO : Dipak Gupta
Next MD & CEO: Ashok Vaswani( from January 1, 2024)
Tagline : Let’s make money simple, Ab Kona KonaKotak


Awards – Daily Current Affairs October 21&22

8. Which village in Gujarat, known for its annual RannUtsav, was recently awarded the title of ‘Best Tourism Village’ by the United Nations World Tourism Organization (UNWTO)?
A) Ahmedabad
B) Gandhinagar
C) Dwarka
D) Dhordo
E) Surat
Answer: D) Dhordo

  • Dhordo, a village located in the Kutch district of Gujarat, known for its annual RannUtsav has been bestowed with the title ‘Best Tourism Village’ by the United Nations World Tourism Organization (UNWTO).
  • A total of 26 villages around the globe have earned the accolades this year for “nurturing
    rural areas and preserving landscapes, cultural diversity, local values, and culinary traditions.”
  • The list includes villages in Austria, Portugal, Turkiye, Hungary, Indonesia, Egypt and China. Dhordo is the only village selected from India.
  • Best Tourism Villages by UNWTO recognizes outstanding rural tourism destinations with accredited cultural and natural assets, a commitment to preserving community-based values, and a clear commitment to innovation and sustainability across economic, social, and environmental dimensions.
  • The Director General Manisha Saxena in Tourism Ministry received the trophy on behalf of Dhordo.
  • Launched in 2021, the Best Tourism Villages by UNWTO initiative is part of the UNWTO Tourism for Rural Development Programme
  • This year, 54 villages from all regions were selected from almost 260 applications.
  • A further 20 villages have joined the Upgrade Programme, and all 74 villages are now part of the UNWTO Best Tourism Villages Network.
  • The villages were named during the UNWTO General Assembly, taking place this week in Samarkand, Uzbekistan.

9. How many prestigious awards did Kerala Gramin Bank win at the 18th Assocham Annual Summit & Awards on Banking & Financial Sector Lending Companies?
A) One
B) Two
C) Three
D) Four
E) Five
Answer: D) Four

  • Kerala Gramin Bank has won four prestigious Assocham awards at the 18th Assocham Annual Summit & Awards on Banking & Financial Sector Lending Companies namely “Bharat @ 100: Financial Transformation in AmritKaal” held in Mumbai.
  • The Bank was conferred with the titles of winner in Best Digital Initiative, Best Customer Experience, Best Risk and Cyber Security Initiatives and was the runner up in
  • Outstanding Financial Performance.
    C. Jayaprakash, Chairman received the awards on behalf of the bank. Ajay Kumar Choudhary, Executive Director, RBI, Rajkiran Rai, Chairman, Assocham, N.S.
  • Viswanathan, former Deputy Governor, Reserve Bank of India were present on the occasion.
Titbits

Kerala Gramin Bank:

Headquarters: Malappuram, Kerala
Chairman: Sri. C Jayaprakash


10. Which Indian state has been awarded as the best-performing state under the National Tobacco Control Programme?
A) Punjab
B) Himachal Pradesh
C) Kerala
D) Rajasthan
E) Gujarat
Answer: B) Himachal Pradesh

  • Himachal Pradesh has been awarded for being the best-performing state under the National Tobacco Control Programme.
  • A review meeting of the National Tobacco Control Programme was held under the chairmanship of the Additional Secretary, Ministry of Health & Family Welfare, at National Institute of Health and Family Welfare (NIHFW), New Delhi.
  • The State had received two WHO awards for tobacco control in 2012 and 2023 (the only WHO awards for Health for Himachal Pradesh).
  • Till now tobacco control program in Himachal Pradesh is cost effective and sustainable.
  • Tobacco control in Himachal Pradesh is a classical example of a Government- NGO partnership with the highest political & administrative commitment and partnership among all key stakeholders since 2008.
  • The Government of Himachal Pradesh started tobacco control by awareness and enforcement and Shimla was declared the first evidence-based smoke-free city on 2nd October 2010.
  • Himachal Pradesh became the first smoke-free State among all the 21 large States in India in 2013.
  • Apart from this Himachal Pradesh enacted a law for licensing tobacco vendors in 2016.
  • The State imposed a Ban on E – cigarette, a Ban on the sale of gutkha, and issued tobacco-free educational Institution guidelines. As per the Global Adult Tobacco survey 2016-17, tobacco use has reduced from 21.2% ( in 2010) to 16%.
  • The State surveillance done through ASHA workers (e health card) shows a further decrease to 11.6% in adult tobacco use in the State.
  • The passive smoking at homes has declined from 82.5% to 32.9%.
  • As per the latest Global Youth Tobacco survey the tobacco use among 13-15 age groups in Himachal Pradesh is 1.1% which is lowest in India.
  • Himachal Pradesh’s model for tobacco control is cost-effective, self-enforcing and sustainable.
  • The state has prepared a strategy to reduce tobacco use to below 10% by 2025 and below 5% by 2030 to achieve tobacco endgame. Himachal Pradesh is on track to achieve the targets.
Titbits

Himachal Pradesh:

Capital : Shimla
CM :Sukhvinder Singh Sukhu
Governor : Shiv Pratap Shukla


11. What is the name of the digital payment solution that won the first prize at RBI’s Global Hackathon, facilitating easy digital payments for visually-impaired individuals?
A) Razorpay POS
B) DrishtiPay
C) RBI Hackathon Pro
D) VisionCash
E) PayBlind
Answer: B) DrishtiPay

  • Razorpay, India’s Leading Full-Stack Payments, and Banking Platform for Businesses has secured the top spot at the RBI’s 2nd Global Hackathon – ‘HaRBInger 2023’ for its remarkable product, ‘DrishtiPay’, which facilitates easy-to-use, innovative Card and UPI payments for the visually impaired.
  • Designed by Razorpay’s POS Team (earlier known as Ezetap), the solution ‘DrishtiPay’ integrates with UPI apps and cards, to facilitate digital payments for the visually impaired.
  • DrishtiPay operates seamlessly with feature phones, even in the absence of an internet connection, in case of card transactions. With a tap of a card or through an NFC-enabled phone, it allows visually impaired users to provide OTP securely for transacting instead of struggling to enter a PIN.
  • DrishtiPay is designed to contribute to the ease and accessibility of financial services while bringing efficiency and inclusion.
  • The prestigious award was presented by Shri T. Rabi Sankar, Deputy Governor of the Reserve Bank of India, recognizing the exceptional innovation and inclusivity brought forth by DrishtiPay.
  • The HaRBInger hackathon’s second edition was launched in February’23 with the theme ‘Inclusive Digital Services’.
  • In October, it received proposals from 154 teams spanning various countries, including India, Australia, Canada, Germany, Singapore, Sweden, the UK, and the USA.
  • The competition sought innovative ideas in four key areas: • User-friendly digital banking services for differently-abled individuals; • RegTech solutions to streamline compliance for Regulated Entities (REs); • Exploring use cases for Central Bank Digital Currency (CBDC) in retail transactions, even in offline scenarios; • Enhancements to improve Transactions Per Second (TPS) and blockchain scalability
  • Established in 2014, the company provides technology payment solutions to over 10 Mn businesses. Founded by alumni of IIT Roorkee, Shashank Kumar, and HarshilMathur, Razorpay is the second Indian company to be a part of Silicon Valley’s largest tech accelerator
Titbits

Razorpay:

Headquarters: Bengaluru, Karnataka
CEO: HarshilMathur


Science and Technology – Daily Current Affairs October 21&22

12. What did ISRO successfully conduct as part of its preparations for the human space flight program?
A) Mars rover landing
B) Lunar sample return mission
C) Test vehicle mission
D) Interplanetary mission to Venus
E) Spacewalk for astronauts
Answer: C) Test vehicle mission

  • Overcoming initial hiccups including a monitoring anomaly, ISRO successfully launched a test vehicle with payloads related to the country’s ambitious human space flight programme, Gaganyaan.
  • Scientists simulated an abort situation for the Crew Escape System (CES) to carry the Crew Module out of the test vehicle, TV-D1, as they made a splash into the Bay of Bengal with planned precision, setting off jubilation among ISRO scientists at the Mission Control Centre
  • Crew Module (CM) is where the astronauts are contained in a pressurised earth-like atmospheric condition during the Gaganyaan mission. For TV-D1, the CM was an unpressurised version
  • Gaganyaan programme aims to send humans into space on a Low Earth Orbit of 400 km for three days and bring them safely back to the earth.
  • The Test Vehicle mission is a significant milestone for the overall Gaganyaan programme as a nearly complete system was integrated for a flight test.
  • The Crew Module System is a habitable space with an earth-like environment in space for the crew.
  • It houses the crew interfaces, life support system, avionics, and deceleration systems. It is also designed for re-entry to ensure the safety of the crew during the descent till touchdown.
  • It underwent various testing at ISRO centres ahead of its integration into the launch complex in Sriharikota.
Titbits

ISRO:

Abbreviation: Indian Space Research Organisation
FoundedL 1969
Headquarters : Bengaluru, Karnataka
Chairman : S. Somanath


International Affairs – Daily Current Affairs October 21&22

13. Which country is set to host the world’s largest textiles event, “Bharat Tex 2024”?
A) China
B) United States
C) India
D) United Kingdom
E) Brazil
Answer: C) India

  • In a momentous initiative, the Indian textile industry, in collaboration with industry bodies, is set to host “Bharat Tex 2024,” heralded as the world’s largest textiles event.
  • This mega exhibition is scheduled to take place from February 26 to February 29, 2024, in New Delhi.
  • Union Minister of Textiles, Commerce and Industry, Consumer Affairs and Food and Public Distribution, Piyush Goyal, unveiled the event during a curtain raiser at VanijyaBhavan, New Delhi, read the press release issued by the Ministry of Textiles.
  • The initiative marks India’s dedication to becoming a global textile powerhouse, combining innovation, collaboration, and the “Make in India” spirit.
  • Bharat Tex 2024 represents India’s 5F vision, encompassing Farm to Fibre to Factory to Fashion to Foreign.
  • Bharat Tex 2024 aims to position India as a mature, competitive global sourcing destination within the textile industry.

National Affairs – Daily Current Affairs October 21&22

14. What is the name of the wholly-owned subsidiary of NLC India that recently commenced its business operations?
A) NLC India Energy Solutions Limited (NIESL)
B) NLC India Green Energy Limited (NIGEL)
C) NLC India Renewable Ventures (NIRV)
D) NLC India CleanTech Solutions (NCTS)
E) NLC India Sustainable Energy (NISE)
Answer: B) NLC India Green Energy Limited (NIGEL)

  • Navratna public sector company NLC India has incorporated a wholly-owned subsidiary NLC India Green Energy Limited (NIGEL), which commenced its business operations The first Board meeting of the company was held, and the appointment of key managerial positions was approved, along with the adoption of the company’s logo.
  • The new company, with a focus on renewable energy (RE) projects, will help to expand the RE power generation capacity faster
  • The arm is likely to establish RE projects to the capacity of 6 GW by 2030. Projects of 2 GW are being developed in various parts of the nation
Titbits

NLC India Limited:

Founded: 1956
Headquarters: Chennai, Tamil Nadu
CMD: Prasanna Kumar


15. Who inaugurated the first edition of the Indian Military Heritage Festival in New Delhi?
A) Prime Minister Narendra Modi
B) Former President Ram NathKovind
C) Home Minister Amit Shah
D) Finance Minister Nirmala Sitharaman
E) RakshaMantriRajnath Singh
Answer: E) RakshaMantriRajnath Singh

  • RakshaMantriRajnath Singh inaugurated the first edition of Indian Military Heritage Festival in New Delhi
  • The two-day festival aims to celebrate India’s rich military culture and heritage, through conversations, art, dance, drama, story-telling and exhibitions.
  • The festival seeks to create a benchmark in the domain of public engagement with military history and heritage through interaction while adhering to the goals for developing the Armed Forces in the 21st century.
  • It also provides a platform for discussing various contemporary issues relating to India and the world pertaining to security, strategy and international relations.
  • During the event, the RakshaMantri also launched ‘Project Udbhav’, a joint collaboration of Indian Army and United Service Institution of India.
  • The project aims to promote indigenous discourse through exploration and integration of the country’s ancient strategic acumen into contemporary military domain.

16. What is the name of the operation launched by the CBI to dismantle the infrastructure of cyber financial crimes in India?
A) Operation CyberShield
B) Operation FinTechGuard
C) Operation Chakra-II
D) Operation CyberDefender
E) Operation FinancialRescue
Answer: C) Operation Chakra-II

  • Continuing its fight against transnational organized Cyber Crime Networks, the Central Bureau of Investigation (CBI) launched Operation Chakra-II, aiming to combat and dismantle infrastructure of organized cyber-enabled financial crimes in India.
  • This operation was conducted in collaboration with national and international agencies, alongside private sector giants
  • During a nationwide crackdown, the CBI conducted intensive searches in five separate cases at 76 locations across multiple states, including Madhya Pradesh, Uttar Pradesh, Karnataka, Haryana, Kerala, Tamil Nadu, Punjab, Bihar, Delhi, West Bengal, and Himachal Pradesh
  • Also, Microsoft, Amazon, and the Central Bureau Investigation (CBI), India’s federal enforcement agency, have come together to combat tech support fraud in the country.
Titbits

The Central Bureau of Investigation(CBI):

Founded: 1 April 1963
Headquarters: New Delhi, Delhi
Director: Praveen Sood


17. What is the height of the national flag inaugurated by Union Minister Nitin Gadkari at the Attari-Wagah border in Punjab’s Amritsar district?
A) 100 feet
B) 200 feet
C) 300 feet
D) 418 feet
E) 500 feet
Answer: D) 418 feet

  • Union Minister Nitin Gadkari inaugurated a 418 feet national flag, the tallest in the country, at the Attari-Wagah border in Punjab’s Amritsar district.
  • Punjab Chief Minister Bhagwant Mann was also present on the occasion.
  • Earlier last month, the Poonch Brigade of the Indian Army on September 21 unfurled a 72-feet-high national flag at Ajote War Memorial in Poonch to honour the fallen heroes of the district.
  • Indian Army in collaboration with Flag Foundation of India installed the national flag.
  • The National Flag is a horizontal tricolour of saffron (kesaria) at the top, white in the middle and green at the bottom in equal proportion.
  • The ratio of the width of the flag to its length is two to three. In the centre of the white band is a navy-blue wheel which represents the chakra.
  • The top saffron colour indicates the strength and courage of the country.
  • The white middle band indicates peace and truth with Dharma Chakra.
    The green shows the fertility, growth and auspiciousness of the land.
  • Its design is that of the wheel which appears on the abacus of the Sarnath Lion Capital of Ashoka.
  • Its diameter approximates the width of the white band and it has 24 spokes.
  • The design of the National Flag was adopted by the Constituent Assembly of India on 22 July 1947

18. Which airport in Bengaluru has consistently ranked as the world’s most punctual airport for the past three consecutive months according to the ‘On-Time Performance Monthly Report’ published by data analytics firm Cirium?
A) Kempegowda International Airport (KIA)
B) Rajiv Gandhi International Airport (RGIA)
C) Indira Gandhi International Airport (IGIA)
D) ChhatrapatiShivaji International Airport (CSIA)
E) Netaji Subhas Chandra Bose International Airport (NSCBIA)
Answer: A) Kempegowda International Airport (KIA)

  • Bengaluru’s Kempegowda International Airport (KIA) has ranked as the world’s most punctual airport for the past three consecutive months in the ‘On-Time Performance Monthly Report’ published by data analytics firm Cirium.
  • KIA maintained an on-time departure punctuality of 87.51 per cent in July, 89.66 per cent in August, and 88.51 per cent in September. According to the report, on-time departure ranking measures the percentage of flights that departed within 15 minutes of the scheduled time.
  • Bengaluru airport is ahead of Salt Lake City International Airport in the USA (87.04 per cent) and Rajiv Gandhi International Airport in Hyderabad (86.48 per cent) in the rankings.
  • Cirium categorises airports based on factors like seat capacity, gate departure coverage of 80 per cent or higher, and flight volume. The categories include Large Airport (25-40 million passengers), Medium Airport (15-25 million passengers), and Small Airport (5-15 million passengers).
  • The report tracked 89 per cent of flights amounting to a total of 18,913 flights (88 routes) to and from Bengaluru.


Over All Review

Important Days

  • National Police Commemoration Day is marked every year on October 21; World Iodine Deficiency Day, also known as Global Iodine Deficiency Disorders Prevention Day, is celebrated every year on October 21. International Stuttering Awareness Day or International Stammering Awareness Day is an annual observance that falls on October 22.

Obituary

  • England World Cup winner and Manchester United great Bobby Charlton died .

Banking and Finance 

  • Private sector lender Karnataka Bank, has launched a Special campaign, “KBL UTSAV 2023-24,” for Home loans, Car loans, Agri loans, and Gold loans from October 19, 2023, to December 31, 2023 for the festive demands.
  • NPCI Bharat BillPay, a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), has launch services under the Business-to-Business (B2B) category.
  • The Reserve Bank of India (RBI) initiated a pilot program for the wholesale segment of its central bank digital currency (CBDC) in the interbank call money market, according to dealers from participating banks.

Business And Economy

  • Google India has launched its flagship program, DigiKavach, an early threat detection and warning system designed to identify and study emerging financial fraud patterns.

Appointments

  • The Reserve Bank of India has approved the appointment of Ashok Vaswani as the Managing Director & CEO of Kotak Mahindra Bank (KMB) for a period of three years.

Awards 

  • Dhordo, a village located in the Kutch district of Gujarat, known for its annual RannUtsav has been bestowed with the title ‘Best Tourism Village’ by the United Nations World Tourism Organization (UNWTO).
  • Kerala Gramin Bank has won four prestigious Assocham awards at the 18th Assocham Annual Summit & Awards on Banking & Financial Sector Lending Companies namely “Bharat @ 100: Financial Transformation in AmritKaal” held in Mumbai.
  • Himachal Pradesh has been awarded for being the best-performing state under the National Tobacco Control Programme.
  • Razorpay, India’s Leading Full-Stack Payments, and Banking Platform for Businesses has secured the top spot at the RBI’s 2nd Global Hackathon – ‘HaRBInger 2023’ for its remarkable product, ‘DrishtiPay’, which facilitates easy-to-use, innovative Card and UPI payments for the visually impaired.

Science and Technology

  • Overcoming initial hiccups including a monitoring anomaly, ISRO successfully launched a test vehicle with payloads related to the country’s ambitious human space flight programme, Gaganyaan.

International Affairs

  • In a momentous initiative, the Indian textile industry, in collaboration with industry bodies, is set to host “Bharat Tex 2024,” heralded as the world’s largest textiles event.

National Affairs

  • Navratna public sector company NLC India has incorporated a wholly-owned subsidiary NLC India Green Energy Limited (NIGEL), which commenced its business operations.
  • RakshaMantriRajnath Singh inaugurated the first edition of Indian Military Heritage Festival in New Delhi.
  • Continuing its fight against transnational organized Cyber Crime Networks, the Central Bureau of Investigation (CBI) launched Operation Chakra-II, aiming to combat and dismantle infrastructure of organized cyber-enabled financial crimes in India.
  • Union Minister Nitin Gadkari inaugurated a 418 feet national flag, the tallest in the country, at the Attari-Wagah border in Punjab’s Amritsar district.
  • Bengaluru’s Kempegowda International Airport (KIA) has ranked as the world’s most punctual airport for the past three consecutive months in the ‘On-Time Performance Monthly Report’ published by data analytics firm Cirium.

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