28th October 2021 Current Affairs

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Daily Important GK Update of twenty eighth October 2021 overlaying the next information headlines: Indo-Pacific Regional Dialogue, DefExpo 2022, Syracuse 4A, Kotak Mahindra Bank, SAMBHAV.

National News

1. R K Singh launches the Green Day Ahead Market (GDAM)

  • The Union Minister of Power & New and Renewable Energy, R K Singh has launched a brand new market phase, “Green Day Ahead Market (GDAM)”. This makes India as the one massive electrical energy market on the earth to implement a GDAM completely for renewable vitality.
  • The launch of the inexperienced day-ahead market will deepen the inexperienced market and can present competitive worth indicators, in addition to providing a possibility to market members to commerce in inexperienced vitality, in probably the most clear, versatile, competitive, and environment friendly method.
  • The new initiative will open the renewable vitality sector to allow anybody to arrange the capability and promote it to distribution corporations and industries.
  • Meanwhile, the electrical energy era and distribution corporations will be capable to purchase or promote renewable vitality by way of open entry.
  • The market-based competitive costs will present one other choice to renewable turbines to promote energy in addition to speed up the renewable capability addition in direction of the federal government’s imaginative and prescient of constructing India as a sustainable and environment friendly vitality financial system.

International News

2. Shavkat Mirziyoyev re-elected as President of Uzbekistan

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_60.1

  • Shavkat Mirziyoyev, the incumbent President of Uzbekistan has gained a 2nd five-year time period because the President of Uzbekistan. He is a member of the UzLiDeP (Uzbekistan Liberal Democratic Party).
  • Shavkat Mirziyoyev took workplace in 2016 following the demise of Islam Karimov, the primary post-independence president of Uzbekistan.

Important notes for all competitive exams:

  • Uzbekistan Capital: Tashkent;
  • Uzbekistan Currency: Uzbekistani som;
  • Uzbekistan Prime Minister: Abdulla Aripov.

3. Indo-Canadian Anita Anand appointed Canada’s defence minister

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_70.1

  • Indo-Canadian Anita Anand grew to become simply the second lady to be appointed Canada’s minister of nationwide defence as Prime Minister Justin Trudeau introduced his new cupboard.
  • The ministers have been sworn in by governor-general Mary May Simon in a ceremony at Rideau Hall in Ottawa. She is the primary lady to function defence minister since Kim Campbell within the Nineteen Nineties.

Important notes for all competitive exams:

  • Canada Capital: Ottawa; Currency: Canadian greenback.

4. France launched Military Communications Satellite “Syracuse 4A”

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_80.1

  • France has efficiently launched a state-of-the-art satellite tv for pc particularly ‘Syracuse 4A’ into orbit which was carried off by Ariane 5 rocket from Kourou, in French Guiana. It is designed to permit France’s armed forces throughout the globe to speak swiftly and securely. The satellite tv for pc can survey its shut environment and transfer itself to flee an assault.
  • Syracuse IV produces a throughput 3 times larger (1.5 Gbit/sec) than Syracuse III by working in two bands: X and Ka. Three satellites are to be positioned in orbit: the second in 2022 and the third on an unknown date.
  • The whole value of the Syracuse IV programme is EUR3.6 billion (practically USD4.2 billion). Syracuse IV is the primary French army satellite tv for pc with the flexibility to detect different satellites which can be making an attempt to assemble data from it or to destroy it.

Important notes for all competitive exams:

  • France Capital: Paris;
  • France Currency: Euro;
  • France Prime Minister: Jean Castex.

States News

5. Gujarat CM Bhupendra Patel launched ‘Go Green’ Scheme

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_90.1

  • Gujarat Chief Minister Bhupendra Patel has launched the ‘Go-Green’ scheme & its Portal to supply electrical two-wheelers at subsidised charges to building and industrial employees of the state. The scheme is aimed toward lowering gasoline payments and in addition curbing vehicular air pollution.
  • The organised sector employees, similar to an industrial labourer, would get a subsidy of 30 per cent on the automobile’s worth or Rs. 30,000, whichever is much less, on the acquisition of battery-powered two-wheelers. For building sector employees, 50 per cent subsidy or Rs. 30,000, whichever is much less on the acquisition of battery-powered two-wheelers.

Important notes for all competitive exams:

  • Gujarat Capital: Gandhinagar;
  • Gujarat Governor: Acharya Devvrat;
  • Gujarat Chief minister: Bhupendrabhai Patel.

Appointments News

6. FloBiz Neobank signed Manoj Bajpayee as Brand Ambassador

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_100.1

  • FloBiz, a neobank for Indian Small to Medium-sized Businesses (SMBs), introduced Padma Shri Awardee actor Manoj Bajpayee because the model ambassador for its flagship product.
  • He will promote the ‘’Business Ko Le Seriously’’ marketing campaign to mark the significance of digital options. He has signed to speed up myBillBook’s outreach to the SMB sector and promote the adoption of myBillBook– a easy to make use of GST (Good & Services Tax) billing and accounting software program.

Defence News

7. Rajnath Singh chairs Ambassadors’ Round Table for DefExpo 2022

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_110.1

  • In a significant outreach to the pleasant overseas international locations as additionally to the defence manufacturing industries of the world, Raksha Mantri, Rajnath Singh has chaired the Ambassadors’ Round Table for Def Expo 2022, in New Delhi.
  • DefExpo 2022 will probably be Asia’s largest defence exhibition. The Round Table was aimed to transient the Ambassadors of overseas missions in regards to the planning, preparations and different particulars of DefExpo 2022, which will probably be held in Gandhinagar, Gujarat between March 10-13, 2022.

8. India efficiently test-fires “Agni-5” ballistic missile

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_120.1

  • The Defence Research and Development Organisation (DRDO) carried profitable test-firing of surface-to-surface ballistic missile Agni-5 on October 27, 2021, from APJ Abdul Kalam Island in Odisha.
  • Agni-5 is a nuclear-capable intercontinental ballistic missile (ICBM), which makes use of a three-stage solid-fuelled engine. The missile can strike targets at ranges as much as 5,000 km with a really excessive diploma of accuracy.
  • The indigenously-developed surface-to-surface missile, Agni-5, is able to placing a goal greater than 5,000 km. It is about 17-metre lengthy, 2-metre large and has a launch weight of round 50 tonnes.
  • The missile can carry a nuclear warhead of a couple of tonne. The profitable check of Agni-5 is according to India’s acknowledged coverage to have ‘credible minimum deterrence’ that underpins the dedication to ‘No First Use’.

Agreements News

9. Kotak Mahindra Bank tied up with IndiGo to launch ‘Ka-ching’ Credit Card

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_130.1

  • IndiGo and Kotak Mahindra Bank (KMB) entered right into a strategic partnership for the launch of a co-branded bank card named ‘Ka-ching’. The bank card was launched underneath IndiGo’s 6E Rewards programme and linked with it to allow the members to earn rewards by utilizing the cardboard on IndiGo and different retailers.
  • The co-branded card will probably be accessible in 2 variants similar to 6E Rewards and 6E Rewards XL by providing unique journey advantages for home and worldwide journey.

Important notes for all competitive exams:

  • Kotak Mahindra Bank Founded: 2003;
  • Kotak Mahindra Bank Headquarters: Mumbai, Maharashtra;
  • Kotak Mahindra Bank MD & CEO: Uday Kotak;
  • Kotak Mahindra Bank Tagline: Let’s earn a living easy.

10. HDFC Ltd and India Post Payments Bank partnered to Offer Home Loans

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_140.1

  • HDFC Ltd and India Post Payments Bank (IPPB) made a strategic partnership to supply HDFC Ltd’s dwelling loans to 4.7 crore prospects of IPPB by way of its large community of 650 branches and over 1.36 lakh banking entry factors. The partnership helps to advertise reasonably priced housing within the remotest areas of India.
  • Under the partnership, IPPB will provide dwelling loans for purchasers in unbanked and underserved areas by way of practically 1,90,000 banking service suppliers together with postmen and Gramin Dak Sevaks.

Important notes for all competitive exams:

  • MD and CEO of India Post Payments Bank (IPPB): J Venkatramu;
  • India Post Payments Bank (IPPB) was included as Payments Banking Company underneath Section 22 (1) of the Banking Regulation Act, 1949;
  • India Post Payments Bank (IPPB) Headquarters: New Delhi.

Summits and Conferences News

11. PM Modi attend sixteenth East Asia Summit just about

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_150.1

  • Prime Minister Narendra Modi has participated within the sixteenth East Asia Summit (EAS) by way of a video convention on October 27, 2021, throughout which he re-affirmed India’s deal with a free, open and inclusive Indo-Pacific and the precept of ASEAN Centrality within the area.
  • The sixteenth EAS was hosted underneath the Chairmanship of Brunei. This was the seventh East Asia Summit for Prime Minister Modi.
  • The Summit ended with the adoption of three Statements by EAS leaders, which incorporates, Mental Health, Economic restoration by way of Tourism and Sustainable Recovery.
  • The members of EAS contains 10 ASEAN member states, and India, China, Japan, the Republic of Korea, Australia, New Zealand, the United States and Russia.

12. Indo-Pacific Regional Dialogue commences

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_160.1

  • Indo-Pacific Regional Dialogue (IPRD) 2021 is being organized as a three-day on-line occasion on 27, 28 and 29 October 2021.
  • IPRD 2021 will deal with the theme ‘Evolution in Maritime Strategy during the 21st Century: Imperatives, Challenges and Way Ahead’. It will deal with eight particular sub-themes.
  • The National Maritime Foundation is the Indian Navy’s data companion for IPRD 2021. It can also be the Indian Navy’s chief organiser for IPRD 2021.
  • Indo-Pacific Regional Dialogue (IPRD) is the apex worldwide annual convention of the Indian Navy. It was first performed in 2018.
  • IPRD goals to overview each alternatives and challenges that come up inside the Indo-Pacific.

Schemes and Committees News

13. MSME Ministry launches “SAMBHAV” National Level Awareness Programme

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_170.1

  • The Ministry of Micro, Small & Medium Enterprises (MSME) has launched an e-National Level Awareness Programme ‘SAMBHAV”, to advertise engagement of the youth in selling entrepreneurship.
  • The e-National Level Awareness Programme 2021 ‘SAMBHAV” was launched by Union Minister of MSME Narayan Rane in New Delhi.
  • The mass outreach program will probably be a one-month lengthy initiative underneath the Ministry of MSME through which college students from completely different schools/ITIs from all components of the nation will probably be inspired by 130 area workplaces of the Ministry to take up entrepreneurship.
  • During the marketing campaign, the faculty college students will probably be made conscious of the assorted schemes being applied by the Ministry of MSME by way of Audio/Video movie displays.
  • Awareness applications will probably be performed in additional than 1,300 schools throughout the nation through which 1,50,000 college students are anticipated to take part.

Business News

14. CCI approves acquisition of 4.99% stake in HDFC ERGO by HDFC Bank

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_180.1

  • The Competition Commission of India (CCI) has authorized the acquisition of 4.99 % of the excellent fairness share capital in HDFC ERGO General Insurance Company by personal sector lender HDFC Bank.
  • HDFC Bank will purchase 3.56 crore shares or 4.99% stake for Rs 1,906 crore from the father or mother firm Housing Development Finance Corporation (HDFC). HDFC ERGO General Insurance Company is a three way partnership between HDFC and European insurer ERGO International AG.
  • The proposed mixture will allow the lender to take part within the progress alternative of HDFC ERGO General Insurance and create long-term worth for its shareholders, as per a mixture discover filed with the regulator.

Important notes for all competitive exams:

  • HDFC Bank Headquarters: Mumbai;
  • HDFC Bank Founded: August 1994;
  • HDFC Bank CEO: Sashidhar Jagdishan;
  • HDFC Bank Tagline: We perceive your world.

Important Days

15. International Animation Day: 28 October

28th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_190.1

  • International Animation Day is noticed yearly on October 28 to rejoice the artwork of animation and in addition recognise the artists, scientists and technicians behind animation. This 12 months marks the twentieth International Animation Day.
  • The day was created in 2002 by International Animated Film Association (ASIFA), an International Animated Film Association, a member of UNESCO.

Important notes for all competitive exams:

  • President of ASIFA: Sayoko Kinoshita.
  • ASIFA Founder: John Halas.
  • ASIFA Founded: 1960, Annecy, France.
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