Daily Current Affairs October 30
Table of Contents
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October 30| Daily Current Affairs 2023
Important Days – Daily Current Affairs October 30
1. On which date is World Thrift Day or World Savings Day celebrated each year?
A) 1st January
B) 15th August
C) 30th October
D) 5th December
E) 21st June
Answer: C) 30th October
- World Thrift Day or World Savings Day is celebrated each year on 30 October to aware consciousness to people about their financial security, savings, and freedom.
- During the 1st International Savings Bank Congress on 31 October 1924, at Italy’s Milan, World Savings Day was established.
- At the first International Savings Bank Congress in 1934, an Italian professor FilipoRavizza proposed the idea of World Thrift Day.
- The day gained prominence and understanding between 1955 to 1970, with people started watching the horror of the two World Wars. People also became increasingly conscious about their financial security and savings.
- These days, the focus of the banks is to organize World Savings Day is on developing countries, where most people are unbanked
International Animation Day (IAD)
- Every year October 28 is observed as International Animation Day (IAD), which is celebrated across the world
- The beginning of International Animation day took place in the year 2002, whereas the birth of animation happened in the year 1892 when the first public performance showcased the moving images at the renowned Emile Reynaud’s Theatre Optique in the city of Paris.
- The day was first introduced by ASIFA, which is a member of UNESCO. ASIFA tries to push every time it gets a chance to put the art of animation into the limelight.
Edition: 22nd
World Occupational Therapy Day
- Every year on October 27th, World Occupational Therapy Day is observed and promotes the mission and goals of occupational therapy.
- The day also increases awareness of occupational therapists and their global impact.
- “Unity through Community” is the theme of this year which promotes our role in working together with others to facilitate participation and community interaction
- The day was first marked on 27 October 2010 with the aim to promote and celebrate the profession internationally.
Vigilance Awareness Week
- Central Vigilance Commission is observing Vigilance Awareness Week 2023 from October 30 to 5th November
- Every year Vigilance Awareness Week is observed as an outreach measure to create greater awareness about the importance of integrity and ethics in public life.
- The theme for this year is, Say no to corruption; Commit to the Nation.
Banking and Finance – Daily Current Affairs October 30
2. AU Small Finance Bank recently announced the merger of which other financial institution with itself?
A) HDFC Bank
B) ICICI Bank
C) Fincare Small Finance Bank
D) Axis Bank
E) Kotak Mahindra Bank
Answer: C) Fincare Small Finance Bank
- AU Small Finance Bank announced the merger of Fincare Small Finance Bank with itself
- The scheme of merger is subject to approval of the respective shareholders of the AU SFB and Fincare SFB, the Reserve Bank of India and the Competition Commission of India (CCI).
- According to AU SFB’s exchange filing, the merged entity should take effect from February 1, 2024, suggesting that the deal should conclude in FY24 subject to regulatory approvals.
AU Small Finance Bank:
Headquarters: Jaipur, Rajasthan
MD &CEO : Mr. Sanjay Agarwal
Tagline: ChaloAageBadhe
Fincare Small Finance Bank:
Headquarters: Bengaluru, Karnataka
MD & CEO: Rajeev Yadav
Tagline: Banking On More
3. Aurionpro has partnered with which global payment company for contactless payments?
A) Visa
B) PayPal
C) American Express
D) MasterCard
E) Discover
Answer: D) MasterCard
- Aurionpro Solutions Ltd has joined forces with MasterCard to introduce a contactless payment solution for public transportation.
- Commuters will have the convenience of tap-and-go payments using any digital wallet linked with a MasterCard.
- This system eliminates the need for multiple cards or regular top-ups, as MasterCard’s open-loop solutions enable the same digital wallet to be used across various transit modes and in numerous cities.
- For transit agencies and authorities, this partnership is to enhance their capability to implement user-friendly payment solutions, ensuring a hassle-free and convenient travel experience for commuters.
Aurionpro Solutions Ltd:
Headquarters: Navi Mumbai, Maharashtra
CMD: Mr. Paresh Zaveri
4. What criteria did the Reserve Bank of India (RBI) raise for ‘bulk deposits’ in regional rural banks (RRBs) to raise more funds?
A) Rs 10 lakhs
B) Rs 25 lakhs
C) Rs 50 lakhs
D) Rs 1 crore
E) Rs 15 lakhs
Answer: D) Rs 1 crore
- The Reserve Bank of India (RBI) decided to raise the criteria for ‘bulk deposits’ for regional rural banks (RRBs) to Rs 1 crore from the current Rs 15 lakhs in order to raise more funds
- Accordingly, “Bulk Deposit” for Regional Rural Banks would now mean Single Rupee term deposits of Rupees one crore and above”.
Scheduled Commercial Banks limit
- Single rupee term deposits of Rupees two crore and above for scheduled commercial banks (excluding Regional Rural banks) and Small Finance Banks. This limit is kept unchanged.
Regional Rural banks limit
- The limit is raised to one crore and above for single rupee term deposits of regional rural banks.
Earlier, in terms of what “Bulk Deposit” means:
- Single Rupee term deposits of Rupees two crore and above for Scheduled Commercial Banks (excluding Regional Rural Banks) and Small Finance Banks.
- Single Rupee term deposits of Rupees fifteen lakhs and above for RRBs.
Appointments – Daily Current Affairs October 30
5. Who has been elected as the Chairman of the World Steel Association?
A) Alan Smith
B) Sarah Johnson
C) Leon Topalian
D) David Wilson
E) Karen Brown
Answer: C) Leon Topalian
- Global body worldsteel has elected Leon Topalian as its Chairman and India’s T V Narendran as one of its Vice-Chairman.
- Topalian is the President & CEO of Nucor Corporation and Narendran is the MD & CEO of domestic steel giant Tata Steel.
- Jeong-Woo Choi, the CEO of POSCO Holdings, was also elected as a Vice Chairman, according to the World Steel Association’s (worldsteel) list of newly elected officers and members
- The association also appointed Narendran to the Executive Committee alongwith JSW Steel CMD Sajjan Jindal and ArcelorMittal Executive Chairman L N Mittal.
- While Mark Vassella, MD & CEO of BlueScope Steel Ltd has been elected as Treasurer, Timoteo Di Maulo, CEO of Aperam has been elected as Chairman of worldstainless.
- Edwin Basson, Director General, World Steel Association (worldsteel), has been appointed as Secretary.
- worldsteel acts as the focal point for the steel industry, providing global leadership on all major strategic issues impacting the industry, particularly focusing on economic, environmental, and social sustainability.
World Steel Association:
Headquarters: Brussels, Belgium
Founded: 10 July 1967
Chairman: Leon Topalian
Awards – Daily Current Affairs October 30
6. Who received the 2023 Global Leadership Award for Philanthropy and CSR from the US-India Strategic Partnership Forum (USISPF)?
A) Nita Ambani
B) MukeshAmbani
C) Anil Ambani
D) Ratan Tata
E) Azim Premji
Answer: A) Nita Ambani
- The US-India Strategic Partnership Forum (USISPF) awarded Nita Ambani, Founder and Chairperson of Reliance Foundation, with the 2023 Global Leadership Award for Philanthropy and Corporate Social Responsibility.
- USISPF Chairman John Chambers and the Board of Directors presented the award.
- Reliance Foundation, an arm of Reliance Industries Limited, aims to provide overall well-being and enhanced quality of life for all, especially focused on rural transformation, education, health, women empowerment and has transformed the lives of over 70 million people across India.
International Affairs – Daily Current Affairs October 30
7. What is the focus of Norway’s funding support to India, particularly in Uttarakhand?
A) Healthcare initiatives
B) Education programs
C) Hunger Project
D) Infrastructure development
E) Technology startups
Answer: C) Hunger Project
- Norway will help fund India’s ‘Hunger Project’ and help strengthen women leaders to protect the environment and promote food security in Uttarakhand.
- The duration of the project would be three years, until September 2026 with a budget of ₹44.7 million
- The hunger project organizes capacity-building training for elected women representatives (EWRs) and federations, focusing on strengthening van panchayats (forest councils) which in turn will ensure food security and livelihood opportunities for marginalized households.
- The programme will strengthen elected women’s leadership in gram panchayats so that they can play a pivotal role in conserving forests and natural resources, devise and adopt strategies to promote sustainable living, food security and collaborate with members of van panchayats and the local community, especially women.
- The project will be implemented in 3 districts, 9 blocks, 172 gram panchayats and 145 van panchayats of Uttarakhand involving 900 EWRs for the protection of standing forests and nurturing their immediate environment that is crucial to the community’s livelihoods and food security.
- Additionally, it will enhance awareness of local communities via 334 JagrukhManchs to effectively combat climate change risks collectively
Norway:
Capital : Oslo
Currency : Norwegian Krone
Prime Minister: Ms Erna Solberg
National Affairs – Daily Current Affairs October 30
8. What is the total value of developmental projects launched by Prime Minister Narendra Modi in Gujarat across multiple sectors?
A) ₹3,200 crores
B) ₹4,600 crores
C) ₹5,200 crores
D) ₹5,800 crores
E) ₹6,400 crores
Answer: D) ₹5,800 crores
- Prime Minister Narendra Modi launched developmental projects worth ₹5,800 crores in Gujarat across multiple sectors like rail, road, water and irrigation
- These projects are expected to benefit farmers and improve connectivity around Mehsana, Patan, Banaskantha, Sabarkantha, Mahisagar, Ahmedabad and Gandhinagar.
- New railway projects and the upcoming dedicated freight corridor between Mehsana and Ahmedabad will strengthen the connectivity of the region, especially linkages to major ports in Pipavav, Porbandar, and Jamnagar, Modi said.
- The projects launched by the prime minister on Monday included the New Bhandu-New Sanand(N) section of the Western Dedicated Freight Corridor (WDFC), doubling of the Viramgam-Samakhiali rail line, inauguration of Katosan Road-Bechraji-Maruti Suzuki India Ltd. (MSIL Siding) rail project, and a project for recharge of various village lakes of Vijapur taluka and Mansa taluka of Mehsana and Gandhinagar districts.
- Apart from these, PM Modi also inaugurated the Valasana barrage on Sabarmati river in Mehsana District, and Dharoi dam based Palanpur lifeline project, apart from launching schemes for provisioning of drinking water in Palanpur, and Banaskantha.
9. Which ship of the Diving Support Craft (DSC) project, built by M/s Titagarh Rail Systems Ltd (TRSL) for the Indian Navy, was recently launched?
A) DSC A 17
B) DSC B 21
C) DSC C 12
D) DSC A 21
E) DSC M 05
Answer: D) DSC A 21
- The launch of ‘DSC A 21’, the second ship of 05 x Diving Support Craft (DSC) project, being built by M/s Titagarh Rail Systems Ltd (TRSL), Kolkata for Indian Navy, was undertaken at Titagarh, Kolkata (WB) onto Hooghly River.
- The Launch Ceremony was presided over by VAdm K Swaminathan, Chief of Personnel. In keeping with the Naval maritime tradition, Mrs Laila Swaminathan launched the ship.
- These ships are designed to undertake diving operations at harbours and coastal waters and are being fitted with state of the art diving equipment.
- They are 30 m long catamaran hull ships, with a displacement of approx 300 tons. The contract for building 05 x Diving Support Craft (DSC) was signed between MoD and M/s Titagarh Rail Systems Ltd (TRSL), Kolkata on 12 Feb 21.
- These ships are indigenously designed and built under relevant Naval Rules and Regulation of Indian Register of Shipping (IRS). The hydrodynamic analysis/ model testing of the ships during design stage were undertaken at Naval Science and Technological Laboratory (NSTL), Visakhapatnam.
- These ships are proud flag bearers of ‘Make in India’ initiative of Government of India (GoI)/ Ministry of the Defence (MoD).
Titagarh Rail Systems Limited:
Headquarters: Kolkata, West Bengal
Executive Chairman: MR. JAGDISH PRASAD CHOWDHARY
10. Who presided over the inaugural session of the first-ever Global Conference on Cooperation in Enforcement Matters (GCCEM) held in New Delhi?
A) Prime Minister Narendra Modi
B) External Affairs Minister Dr. S. Jaishankar
C) Home Minister Amit Shah
D) Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman
E) Minister of State for Finance and Corporate Affairs Shri Anurag Singh Thakur
Answer: D) Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman
- Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presided over as Chief Guest st the inaugural session of the first ever three-day-long Global Conference on Cooperation in Enforcement Matters (GCCEM) in New Delhi
- Union Minister of State for Finance Shri Pankaj Chaudhary was the Guest of Honour and Secretary General, World Customs Organisation, Dr.KunioMikuriya, was the Special Guest at the Inaugural Session.
- Shri Sanjay Kumar Agarwal, Chairman, CBIC, along with Members of the Board and other senior officers of the Department and various Law Enforcement Agencies / Organisations of India also graced the occasion.
- Against this backdrop, the Directorate of Revenue Intelligence (DRI) under Central Board of Indirect Taxes and Customs (CBIC), in consultation with World Customs Organisation (WCO), Brussels, is hosting the global conference from 30th October to 1st November 2023 with the theme ‘It takes a Network to fight a Network’.
- The aim of the international conference is to facilitate sharing of insights, best practices and to serve as a catalyst for enhancing collaboration with Indian Customs’ partner Administrations and for building new partnerships.
- The WCO has collaborated with Indian Customs to ensure wide participation by Member Administrations and international organisations, including WCO’s Regional Intelligence Liaison Offices (RILOs) and senior representations from the WCO Secretariat.
- The Union Finance Minister also launched phase IV of ‘Operation Sesha’ by Indian Customs in collaboration with RILO Asia-Pacific and RILO Middle-East to curb the illegal trade of Timber including Red Sanders. Smt. Sitharaman stressed on curbing of illicit trade of red sanders with emphasis on preserving other precious flora and fauna.
- Apart from above, the Union Finance Minister concluded by stating that international agencies should also cooperate in bringing back the antiques to their respective countries.
11. Who addressed the 76th session of the World Health Organization Regional Committee for South-East Asia as the Union Minister of Health and Family Welfare?
A) Dr. Harsh Vardhan
B) Dr. Mansukh Mandaviya
C) Dr. Ramesh PokhriyalNishank
D) Dr. S. Jaishankar
E) Dr. Nitin Gadkari
Answer: B) Dr. Mansukh Mandaviya
- The Union Minister of Health and Family Welfare, Dr. Mansukh Mandaviya addressed the 76th session of the World Health Organization Regional Committee for South-East Asia.
- He was joined by Dr.TedrosAdhanom Ghebreyesus, Director-General, World Health Organization (WHO) who was present virtually.
- Dr.Mandaviya was also unanimously elected as Chairperson of the 76th session of the regional committee of South-East Asia.
- Dr. Poonam Khetrapal Singh, Director, WHO SEARO (Regional Office for South-East Asia) Mr. Ahmed Naseem, Minister of Health, Maldives; Dr. Elia Antonio de Araujo Dos Reis Amaral, Health Minister, Timor Leste; Dr. Seetha Arambepola, Health Minister of Sri Lanka, Mr. Mohan Bahadur Basnet, Health Minister of Nepal, Mr. Choe Hui Chol, Ambassador to India, Democratic People’s Republic of Korea, Mr. Zahid Maleque, Health Minister, Bangladesh, Dr.PongsadhornPokpermdee, Dr.Syarifah Liza Munira, Director General for Health, Ministry of Health, Indonesia and Mr. Pemba Wangchuk, Acting Secretary, Ministry of Health, Bhutan were also present.
12. What organization has been granted a license by the Union government to receive foreign funds for five years under the Foreign Contribution Registration Act (FCRA)?
A) National Cooperative Union of India (NCUI)
B) United Nations (UN)
C) World Health Organization (WHO)
D) Reserve Bank of India (RBI)
E) National Human Rights Commission (NHRC)
Answer: A) National Cooperative Union of India (NCUI)
- The Union government has granted a licence to the government-aided National Cooperative Union of India (NCUI) to receive foreign funds for a period of five years under the Foreign Contribution Registration Act (FCRA).
- The Delhi-based apex organisation of cooperatives movement is associated with the newly set up Union cooperative ministry while the FCRA licence is granted by the home affairs ministry (MHA), both headed by Amit Shah
- The cooperative ministry was allocated Rs 1,150.38 crore in this year’s budget
- The MHA, which grants five-year FCRA licences to non-governmental organisations (NGOs), has so far granted 823 FCRA registrations this year, taking the total number of active NGOs to 16,880
Over All Review
Important Days
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Banking and Finance
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Appointments
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Awards
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International Affairs
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National Affairs
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