Daily Current Affairs October 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 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 22 | Daily Current Affairs 2024

Sports – Daily Current Affairs October 22

1. Where was the 24th National Para-Swimming Championship held?
A) Maharashtra
B) Karnataka
C) Gujarat
D) Goa
E) Rajasthan
Answer: D) Goa

Event and Location:

• Event: The 24th National Para-Swimming Championship was held in Goa, featuring para-athletes from 28 states competing across multiple categories.

Mandates and Objectives:

• Inclusivity and Fitness:
  • The event aligns with national initiatives like Fit India, Skill India, and Inclusive India, promoting inclusivity and athleticism for people with disabilities.
• Performance Highlights:
  • Athletes from various states showcased their talent, with Karnataka’s Simran and Sharanaya winning gold in the S6 and S7 women’s categories.
  • In the men’s S11 category, Tomy Joseph from Kerala claimed the top spot. Other states like Rajasthan, Odisha, Maharashtra, and West Bengal also saw strong performances.

Important Terms Explained:

• Para-Swimming:
  • A category of swimming competitions designed for athletes with physical, visual, or intellectual impairments, classified based on the severity of their disability.
• Fit India Initiative:
  • A national movement launched by the Government of India to encourage people to lead healthier and more active lifestyles.

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Acquisitions and Mergers – Daily Current Affairs October 22

2. Who has received approval from the Competition Commission of India to acquire Aavas Financiers Limited?
A) Blackstone
B) Softbank
C) Aquilo House Pte. Ltd.
D) TPG Capital
E) KKR
Answer: C) Aquilo House Pte. Ltd.

Event and Location:

• Event: The Competition Commission of India (CCI) has approved the acquisition of Aavas Financiers Limited (AFL) by Aquilo House Pte. Ltd. (AHPL).
• Location: India

Mandates and Objectives:

• Acquisition: AHPL, a subsidiary of the CVC Network, has received CCI’s approval for the acquisition of Aavas Financiers.
• Key Objective: The acquisition aims to expand AHPL’s financial portfolio, particularly in housing finance and MSME business loans.

Important Terms Explained:

• Aavas Financiers Limited (AFL):
  • Type: A non-deposit-taking housing finance company.
  • Registration: Registered with the National Housing Bank.
  • Specialization: Offers home loans, MSME business loans, and insurance product distribution.
• Aquilo House Pte. Ltd. (AHPL):
  • A newly incorporated entity under the CVC Network, a global investment management group.
  • CVC Network: A prominent global firm engaged in investment management.
• Competition Commission of India (CCI):
  • A statutory body of the Government of India responsible for preventing practices that harm competition and promoting and sustaining competition in the market.

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3. Which company’s shareholding increase in Indus Towers received approval from the Competition Commission of India?
A) Reliance Jio
B) Vodafone Idea
C) Bharti Airtel
D) Tata Communications
E) BSNL
Answer: C) Bharti Airtel

Event and Location:

• Event: The Competition Commission of India (CCI) approved Bharti Airtel’s increase in shareholding in Indus Towers.
• Location: New Delhi, India

Mandates and Objectives:

• Transaction Details: Bharti Airtel’s shareholding in Indus Towers increased to more than 50% following a ₹2,640 crore buyback of equity shares by Indus Towers.
• Objective: As a result, Indus Towers became a subsidiary of Bharti Airtel, solidifying the latter’s control over the tower infrastructure company.

Important Terms Explained:

• Indus Towers:
  • A telecom tower company providing passive infrastructure services to mobile network operators.
  • Following the buyback, it became a subsidiary of Bharti Airtel.
• Bharti Airtel:
  • A leading global telecom company headquartered in India, offering a range of telecommunications services, including mobile, broadband, and DTH services.
• Buyback of Shares:
  • A corporate action where a company repurchases its shares from shareholders, reducing the number of outstanding shares, often leading to a change in control.
• Competition Commission of India (CCI):
  • Regulates mergers and acquisitions to prevent monopoly and promote healthy competition.

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4. Which company has acquired a 46.8% stake in Orient Cement for ₹8,100 crore?
A) UltraTech Cement
B) Dalmia Bharat
C) Shree Cement
D) Ambuja Cements
E) ACC Limited
Answer: D) Ambuja Cements

Event and Location:

• Event: Ambuja Cements, an Adani Group company, has acquired a 46.8% stake in Orient Cement.
• Location: Mumbai, Maharashtra, India

Mandates and Objectives:

• Acquisition Details: Ambuja Cements acquired a 46.8% stake in Orient Cement from its promoters for a total of ₹8,100 crore.
• Open Offer: Following the acquisition, Ambuja Cements will make an open offer to the shareholders of Orient Cement to acquire an additional 26% stake at a price of ₹395 per share.
• Objective: This acquisition will help Ambuja Cements strengthen its presence in the cement sector under the Adani Group’s expansion plans.

Important Terms Explained:

• Ambuja Cements:
  • A major Indian cement company and a part of the Adani Group, involved in producing and selling cement across the country.
• Orient Cement:
  • A cement manufacturer in India, formerly a part of the CK Birla Group, now acquired by Ambuja Cements.
• Open Offer:
  • A mandatory public offer made by a company to purchase shares from existing shareholders, often after acquiring a significant stake in the company.
• Internal Accruals:
  • A method of financing where a company uses its own retained earnings or profits, rather than raising external funds.

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Awards – Daily Current Affairs October 22

5. Who presented the fifth National Water Awards on October 22, 2024?
A) Prime Minister of India
B) Vice President of India
C) Chief Justice of India
D) President of India
E) Minister of Water Resources
Answer: D) President of India

Event and Location:

• Event: The President of India, Smt. Droupadi Murmu, presented the fifth National Water Awards.
• Location: New Delhi, India

Mandates and Objectives:

• Water Conservation Focus:
  • The President highlighted that water is a basic necessity and a fundamental human right for all individuals.
  • She emphasized the importance of water conservation and management to address the limited availability of fresh water resources.
• Government Initiatives:
  • The Government of India has taken multiple steps to promote water conservation and water harvesting.
• Cultural Traditions:
  • The President recalled traditional methods like building ponds and reservoirs by ancestors and stressed the need to revive these practices.
• Collective Responsibility:
  • The President underscored that conserving and enhancing water resources is a collective responsibility, and encouraged active participation by all citizens.
• National Water Awards:
  • Aimed at creating awareness about water conservation and promoting best practices, the awards were given in nine categories, including Best State, Best District, and Best Industry.

Important Terms Explained:

• National Water Awards:
  • These awards are designed to promote water conservation awareness and motivate people to adopt the best water usage practices.
• Water Harvesting:
  • A process where rainwater is collected and stored for future use, helping mitigate water scarcity.
• Water-Secure India:
  • A vision where India ensures adequate water supply for its people through sustainable management and conservation practices.

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6. During which event were the ‘Adarsh Karmayogi Awards’ conferred upon 13 top learners on the iGOT Karmayogi portal?
A) National Leadership Week
B) National Learning Week
C) Civil Services Reform Week
D) Skill Development Week
E) Capacity Building Week
Answer: B) National Learning Week

Event and Location:

• Event: ‘Adarsh Karmayogi Awards’ were conferred upon 13 top learners during the National Learning Week under Mission Karmayogi.
• Location: New Delhi, India

Mandates and Objectives:

• Mission Karmayogi:
  • A flagship program of the Government of India aimed at transforming the Civil Services from a Rule-Based to a Role-Based approach and making the system Citizen-Centric.
  • The initiative promotes lifelong learning and capacity building for government employees.
• National Learning Week:
  • Prime Minister Narendra Modi inaugurated the National Learning Week (Karmayogi Saptah) from 19th to 25th October 2024 to boost learning and training for civil servants.
• Award Ceremony:
  • On October 21, 2024, Union Minister of Coal & Mines, G Kishan Reddy, and Union Minister of State for Coal and Mines, Satish Chandra Dubey, conferred the Adarsh Karmayogi Awards to 13 employees for completing over 100 courses on the iGOT Karmayogi portal.

Important Terms Explained:

• Mission Karmayogi:
  • A comprehensive civil servant capacity building initiative aiming to enhance the skills and performance of government employees.
• iGOT Karmayogi Portal:
  • An online learning platform providing civil servants with a wide range of courses tailored to their career growth and personal interests.
• Adarsh Karmayogi Awards:
  • An award recognizing civil servants who have shown outstanding learning efforts by completing significant numbers of courses on the iGOT Karmayogi portal.

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7. For which categories did SAIL receive the SHRM HR Excellence Awards at the SHRM India Annual Conference 2024?
A) Excellence in Leadership and Workforce Management
B) Excellence in Innovation and Technology
C) Excellence in Inclusion, Equity & Diversity and Managing the Distributed Workforce
D) Excellence in Employee Development and Workplace Innovation
E) Excellence in Corporate Governance and Social Responsibility
Answer: C) Excellence in Inclusion, Equity & Diversity and Managing the Distributed Workforce

Event and Location:

• Event: Steel Authority of India Limited (SAIL) was awarded at the SHRM India Annual Conference 2024.
• Location: New Delhi, India

Mandates and Objectives:

• Award Categories:
  • SAIL received recognition for its Excellence in Inclusion, Equity & Diversity and Excellence in Managing the Distributed Workforce.
• HR Initiatives:
  • SAIL’s award highlights its pioneering efforts in HR practices aimed at the inclusive growth of its workforce and effective management of employees across various locations.
• Significance of HR in SAIL:
  • SAIL views its employees as critical to the organization’s success, focusing on employee motivation and engagement.

Important Terms Explained:

• SHRM (Society for Human Resource Management):
  • A global organization dedicated to advancing HR practices and promoting innovative human resource management solutions.
• Inclusion, Equity, & Diversity:
  • These refer to policies and practices that ensure equal opportunities and foster an inclusive environment for all employees, irrespective of their backgrounds.
• Managing the Distributed Workforce:
  • Refers to the ability to efficiently manage and support a geographically dispersed workforce, ensuring smooth operations across multiple locations.

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National Affairs – Daily Current Affairs October 22

8. Which system was launched by Union Minister Jyotiraditya M. Scindia to prevent international spoofed calls?
A) International Call Screening System
B) Global Call Prevention Mechanism
C) Spoofed Call Prevention Network
D) International Incoming Spoofed Calls Prevention System
E) Cyber Fraud Protection Network
Answer: D) International Incoming Spoofed Calls Prevention System

Event and Location:

• Event: Union Minister Jyotiraditya M. Scindia launched the International Incoming Spoofed Calls Prevention System.
• Location: New Delhi, India

Mandates and Objectives:

• System Objective:
  • The system is designed to identify and block international spoofed calls that mimic Indian phone numbers (+91-xxxxxx).
  • It aims to protect Indian telecom subscribers from cyber frauds, financial scams, and impersonation threats posed by such calls.
• Functionality:
  • Within 24 hours of operation, the system identified and blocked 1.35 crore spoofed calls, which accounted for 90% of all incoming international calls with spoofed Indian phone numbers.
• Cyber Crime Prevention:
  • The system addresses issues like fraudsters impersonating government officials, threats of mobile disconnection, fake arrests, and other scams.
• Collaboration:
  • The Department of Telecommunications (DoT) and Telecom Service Providers (TSPs) jointly developed this system to block incoming international spoofed calls.

Important Terms Explained:

• International Spoofed Calls:
  • Fraudulent calls that appear to originate from local Indian numbers but are actually made from international locations. This is done by manipulating the calling line identity (CLI).
• Telecom Service Providers (TSPs):
  • Companies that provide telecommunication services such as mobile, internet, and fixed-line communications in India.
• Chakshu Facility on Sanchar Saathi:
  • A platform where subscribers can report fraudulent communications and suspected spoofed calls.

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9. At which conference did Union Home Minister Amit Shah address the role of Home Guards and Civil Defence in nation-building?
A) 10th All India Police Conference
B) 14th All India Home Guards and Civil Defence Conference
C) National Security Summit
D) Disaster Management Conference
E) Home Guards and Civil Defence Summit
Answer: B) 14th All India Home Guards and Civil Defence Conference

Event and Location:

• Event: Union Home Minister Amit Shah addressed the 14th All India Home Guards and Civil Defence Conference.
• Location: Gandhinagar, Gujarat

Mandates and Objectives:

• Home Guards and Civil Defence Role:
  • These organizations are essential in empowering and securing the nation by providing service and protection.
  • Volunteers have contributed significantly during the 1965 and 1971 wars and in modern efforts like COVID-19.
• New Charter for Home Guards and Civil Defence:
  • The Modi government will update their charter to include timely changes to make it more relevant.
  • Emphasis on integrating them with national programs such as Swachh Bharat Abhiyan, Water Conservation, Women’s Safety, and TB-free India.
• Youth Engagement:
  • Efforts to engage youth from all segments in Home Guards and Civil Defence, similar to NCC and NSS.
• Training and Law & Order Assistance:
  • Home Guards and Civil Defence volunteers will receive enhanced institutional training for emergency services, traffic management, and assisting in law and order.

Important Terms Explained:

• Home Guards:
  • A voluntary force created to assist the police and provide support during emergencies like natural disasters and civil disturbances.
• Civil Defence:
  • An organization designed to protect civilians and assist during war emergencies, disasters, and crisis situations.

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10. Which program was launched by NESTS for Eklavya Model Residential Schools in collaboration with Amazon?
A) Amazon Tech Scholars Program
B) Amazon Digital Education Initiative
C) Amazon Future Engineer Program
D) Amazon Code India Program
E) Amazon STEM Education Project
Answer: C) Amazon Future Engineer Program

Event and Location:

• Event: NESTS launched the Third Phase of the Amazon Future Engineer Program for Eklavya Model Residential Schools (EMRS).
• Location: New Delhi, India

Mandates and Objectives:

• Amazon Future Engineer Program:
  • This program is aimed at providing students with an introduction to blockchain, artificial intelligence, coding, and block programming.
• Third Phase Details:
  • Launched in 50 EMRSs across Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Odisha, Telangana, and Tripura.
  • The curriculum is expanding to include AI and blockchain for students in grades 6 to 9, and project-based virtual sessions for class 10 students, aligned with the CBSE AI Skills Curriculum.
• Teacher Training:
  • The event also included a four-day teachers’ training workshop and the EMRS Coders Expo, which showcased the Top 20 Coding Projects from the previous academic year.

Important Terms Explained:

• NESTS (National Education Society for Tribal Students):
  • A body under the Ministry of Tribal Affairs focused on promoting education for tribal students across India.
• Eklavya Model Residential Schools (EMRS):
  • Residential schools set up to provide quality education to tribal students in remote areas of India.
• Amazon Future Engineer Program:
  • A global initiative by Amazon designed to provide computer science education and prepare students for future STEM careers.

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11. What is the primary aim of Mission Basundhara 3.0 launched in Assam?
A) To provide financial assistance to farmers
B) To empower women in rural areas
C) To grant formal land rights to indigenous communities
D) To promote digital education for tribal students
E) To improve healthcare services in remote areas
Answer: C) To grant formal land rights to indigenous communities

Event and Location:

• Event: Assam Chief Minister Himanta Biswa Sarma launched Mission Basundhara 3.0.
• Location: Srimanta Sankardev Kalakshetra, Guwahati, Assam
• Date: October 20, 2024

Mandates and Objectives:

• Mission Basundhara 3.0:
  • Aimed at providing formal land rights to indigenous communities in Assam, ensuring security and recognition of their land holdings.
• Chief Minister’s Remarks:
  • CM Himanta Biswa Sarma emphasized the significance of this initiative in granting land rights to indigenous people, highlighting the government’s commitment after 75 years of independence.

Key Features of Mission Basundhara 3.0:

• Review of Pending Cases:
  • Review of unresolved cases from Mission Basundhara 2.0.
• Digitization:
  • Complete digitization of land pattas (land titles) and other land-related services.
• Land Reforms:
  • Introduction of unprecedented land reforms, including the issuance of Land Passbooks to all landholders.
• Eligibility:
  • Applicants must have a three-generation ancestry, except for Scheduled Castes (SC), Scheduled Tribes (ST), Tea Tribes, and Gorkhas.

Important Terms Explained:

• Periodic Patta:
  • A type of land tenure that provides a more permanent title to landholders in Assam.
• Bhoodan/Gramland:
  • Bhoodan land refers to land donated during the Bhoodan Movement for redistribution to landless people. Gramland refers to village community land.

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Over All Review

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