21st October Daily Current Affairs 2022: Today GK Updates for Bank Exam

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Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update for 21st October 2022 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Here is the Daily GK Update of the 21st October 2022 covering the following news headlines: Guinness World Records, National Police Commemoration Day, FIFA Women’s World Cup, Magnus Carlsen, Global Climate Risk Index, and Pension Index.

Top 22 Daily GK Updates: National & International News

Here is providing below the top 22 important Daily General Knowledge 2022 updates with national & international news.

National News

1. ‘Mission Schools of Excellence’ launched by PM Modi in Gujarat

“Mission Schools of Excellence” unveiled by the Prime Minister Narendra Modi: The ‘Mission Schools of Excellence’ is an ambitious project in Gandhinagar with the dual goals of reforming the curriculum in Gujarat’s public schools and countering the Aam Aadmi Party’s (AAP) criticisms of the State government for the low quality of education.
The ‘Mission Schools of Excellence’, has a budget of 10,000 crore and is partially supported by the World Bank.
It was designed to improve the state’s educational infrastructure by constructing new classrooms, smart classrooms, computer labs, and other improvements.
Over 5,567 crore worth of school infrastructure upgrades would be carried out during its first phase.

International News

2. India, France Re-Elected as President and Co-President of International Solar Alliance

In the third assembly of ISA, Union Power and New and Renewable Energy Minister R K Singh has been re-elected as the President of International Solar Alliance. France Minister of State for Development Chrysoula Zacharopoulou has been re-elected as Co-President.
The Third Assembly of the International Solar Alliance has been attended by 34 ISA Members ministers. 53 Member countries and 5 Signatory and Prospective Member countries participated to the Assembly.
The ISA is an initiative that was launched by the Prime Minister of India and the President of France on 30 November 2015 at Paris, France on the side-lines of the COP-21. The overarching objective of the ISA is to collectively address key common challenges to the scaling up of solar energy in ISA member countries.

3. Liz Truss to resign as PM of UK, Indian-origin Suella Braverman also quits

Liz Truss, the British prime minister will step down from her position after only six weeks in office due to an economic plan that angered many members of her own party and rattled financial markets.
Suella Braverman, Indian origin British interior minister, also resigned making her the second senior cabinet official to do so in the past week after finance minister Kwasi Kwarteng.
Suella Braverman said that she left the Liz Truss administration due to a “technical” violation of government regulations and expressed her reservations about the government’s course while also criticising the premier. Grant Shapps, the country’s new interior minister, has taken Suella Braverman’s seat.

State News

4. Wildlife Board Approves Durgavati Tiger Reserve as New Tiger Reserve

The Durgavati Tiger Reserve is a 2,339 square kilometers new tiger reserve that will spread across Narsinghpur, Damoh, and Sagar districts.
Madhya Pradesh Wildlife Board has approved the making of a new tiger reserve of Panna Tiger Reserve (PTP), one-fourth of which will get submerged due to the Linkin of the Ken-Betwa rivers.
The new tiger reserve will be known as Durgavati Tiger Reserve and it will spread across Narsinghpur, Damoh, and Sagar districts.
A green corridor linking PTR with Durgavati will be developed for the natural movement of the tiger to the new reserve.
The Madhya Pradesh Wildlife Board was chaired by Madhya Pradesh Chief Minister Shivraj Singh Chouhan.

Appointments News

5. Dr. Sankarasubramanian K. named Principal Scientist of ISRO’s Aditya-L1 mission

The Indian Space Research Organisation has designated Dr. Sankarasubramanian K as the Principal Scientist of the Aditya-L1 mission. Aditya-L1 is the first observatory-class space-based solar mission from India. Sankarasubramanian has contributed to AstroSat, Chandrayaan-1 and Chandrayaan-2 missions of ISRO in several capacities.
Aditya-L1 is the first observatory-class space-based solar mission from India. The spacecraft will be placed in a halo orbit around the first Lagrange point, L1, of the Sun-Earth system.
A satellite around the L1 point has the major advantage of continuously viewing the Sun without occultation/eclipses. This position provides a greater advantage of observing solar activities continuously.

Important Takeaways for All Competitive Exams:

ISRO Chairman: S. Somanath;
ISRO’s foundation Date: 15th August, 1969;
ISRO’s Founder: Dr. Vikram Sarabhai.

6. Pradeep Kharola named as CMD of India Trade Promotion Organization

Former Civil Aviation Secretary, Pradeep Singh Kharola was appointed as the Chairman and Managing Director of the India Trade Promotion Organization (ITPO). Kharola, a 1985 batch Indian Administrative Service (IAS) officer of the Karnataka cadre, retired as the Civil Aviation secretary in September last year.
The Appointments Committee of the Cabinet (ACC) has accepted Kharola’s appointment as Chairman and Managing Director, ITPO, on a contract basis for two years from the date of assumption of charge of the post.

Important takeaways for all competitive exams:

India Trade Promotion Organization Headquarters: New Delhi;
India Trade Promotion Organization Founded: 1 April 1977.

7. Centre appoints Sanjay Malhotra as new Revenue Secretary

The Centre has appointed Sanjay Malhotra, a 1990 batch Indian Administrative Service (IAS) officer of the Rajasthan cadre, as the new revenue secretary. He will replace Tarun Bajaj who will superannuate at the end of November.
Malhotra, currently serving as secretary in the Department of Financial Services (DFS), will join the Revenue Department as an officer on special duty. The centre has announced new secretaries for 16 ministries and departments.

Agreements News

8. Mahindra Finance partnered with India Post Payments Bank to Boost Credit Access

Mahindra and Mahindra Financial Services Ltd announced a strategic partnership with India Post Payments Bank to enhance credit access to a larger customer base.
India Post Payments Bank will provide lead referral services to Mahindra Finance for Passenger vehicles, three-wheelers, tractors, and commercial vehicle loan categories and provide cash EMI deposit facilities to existing Mahindra Finance Customers at the post office.
The scheme will go live in India Post Payments Bank branches in the states of Maharashtra and Madhya Pradesh.

Banking News

9. HDFC Securities Opens Women-Only Digital Centre in Bengaluru

Leading stock brokerage firm, HDFC Securities, announced the opening of the first-ever Women-Only Digital Centre (DC) in India. This pioneering centre, staffed with a team of women, will serve both male and female investors.
This closely follows the company’s announcement regarding the opening of multiple DCs across India to ease access to services and promote digital adoption.
The Women-Only DC is another step in HDFC Securities’ aim to foster diversity within the organization, while also empowering its customers with technology that eases their journey to financial freedom. The company’s digital focus is also driven by the fact that India has among the largest populations of young adults in the world, with Gen Z making up 27% of them.

Business News

10. Fintech platform PhonePe launches its first green data centre in India

PhonePe, a homegrown fintech platform, announced the launch of its first green data centre in India, leveraging technologies and solutions from Dell Technologies and NTT.
The facility opens up new opportunities in data management for PhonePe, with efficient data security, power efficiency, ease of operations, and cloud solutions. The centre will also help the company to build sustainable and efficient infrastructure to scale its operations across the country further seamlessly.
This 4.8-megawatt facility, which occupies 13740 sqft at Mahape, Navi Mumbai, is built and designed with advanced alternative cooling technologies like Direct Contact Liquid Cooling (DCLC) and Liquid Immersion Cooling (LIC). The data centre’s Dell PowerEdge servers will provide exceptional performance, simplified management, and intelligent automation while using less energy.

Important takeaways for all competitive exams:

CEO of Phonepe: Sameer Nigam
Headquarters location of Phonepe: Bengaluru, Karnataka.

11. MakeMyTrip, Goibibo, OYO fined Rs 392 crore by CCI

Make My Trip, Goibibo (MMT-Go), and OYO were fined Rs 392 crore by the Competition Commission of India (CCI).
CCI fined these companies which were spelled out in a 131-page order which is for “unfair business practices”. Make My Trip and Goibibo will pay a fine of Rs 223.48 crore while OYO will pay Rs 168.88 crore.
MMT-Go alleged that it imposed a price parity in its agreements with hotel partners.
These deals restrict the hotel to not sell its rooms on any other platform or its online portal at a price below the price at which it is being offered on the two entities.
Make My Trip accorded preferential treatment to OYO on its platform which caused a denial of market access to other companies.

Defence News

12. Mission DefSpace launched by PM Modi in Gujarat

Mission DefSpace launched: Mission DefSpace was inaugurated at DefExpo2022 in Gandhinagar, Gujarat by the prime minister Narendra Modi (PM Modi). The project’s goal is to create cutting-edge defence forces in the space industry. 75 space industry challenges have been highlighted for private companies to work on under Mission DefSpace.
According to Defence Minister Rajnath Singh, as the government has always placed a high premium on national defence, the Indian military is developing deep-sea and space initiatives.
PM Modi emphasised the growing significance of space technology, saying it is defining new concepts in India’s space diplomacy and that the country is currently exchanging space research with more than 60 underdeveloped countries.

Ranks and Reports News

13. Drones can help raise $100-bn GDP boost, lakhs of jobs in India: WEF Report

Drones can help raise $100-bn GDP boost: The World Economic Forum (WEF) said in a new report that putting drones at the centre of a technology-led transformation of Indian agriculture can enhance the nation’s GDP by 1–1.5% and create at least five lakh employment in the next few years.
The report created by WEF’s Centre for Fourth Industrial Revolution in India in partnership with the Adani Group and released here, described how drone-based technology may revolutionise Indian agriculture.
The WEF report presents use cases for drones that combine military and civilian technologies and are made possible by digital adoption, analytics, digital financing, and a concerted local stakeholder effort.
It also offers a framework for the creation of scalable pilots that can be put into practise by different governments.

14. India Ranks 41st Among 44 Nations In Pension Index

As compared to 40th out of 43 countries in 2021, India ranked 41 out of 44 countries in the Mercer CFS Global Pension Index. The MCGPI is a comprehensive study of 44 global pension systems, accounting for 65 percent of the world’s population. The survey pointed out that the country needs to strengthen its regulatory framework and boost the coverage under private pension arrangements.
Mercer CFS Global Pension Index studies 44 countries that account for 65 per cent of the world’s population. The index value was up from 2021 but below that in 2020. In 2020, India ranked 34 out of 39 countries with a value of 45.7. In 2022, the index value was 44.4.
The index measures the pension system in the country under three sub-heads, adequacy, sustainability and integrity. India’s score in these three measurements was 33.5, 41.8 and 61 respectively.
Globally, Iceland had the highest overall index value (84.7), closely followed by the Netherlands (84.6) and Denmark (82.0). Thailand had the lowest index value (41.7).

15. India Ranks 3rd in list of Centi-millionaires, to Overtake China by 2032

With levels of poverty, inflation and hunger notwithstanding, India ranks third in the world’s first-ever global study on the rise of centi-millionaires — individuals with assets of more than Rs 830 crore ($100 million), a new report has revealed.
Out of the world’s 25,490 centi-millionaires, India has 1,132, beating countries like the UK, Russia and Switzerland, in a swift growing and powerful class of super-rich tech titans, financiers, multinational CEOs, and heirs.
By 2032, India will overtake China (number 2) as the fastest growing market for centi-millionaires, with an anticipated 80 per cent growth rate in individuals worth over $100 million, the report released by international investment migration advisory firm Henley & Partners stated.

Summits and Conferences News

16. Global Youth Climate Summit Begins in Bangladesh

Global Youth Leadership Center, an international non-profit organisation, is all set to embark on its journey from Bangladesh on October 20 with the inauguration of its first programme — the Global Youth Climate Summit.
The three-day summit will be held at Ava Center in Khulna, one of Bangladesh’s most climate-vulnerable regions, bringing together 650 youths from 70 countries to explore how today’s youth can lead the fight against climate change.
The Global Climate Risk Index (CRI) for 2021, places Bangladesh seventh among ten countries that bore the cumulative impact of climate change between 2000 and 2019. During this time Bangladesh experienced “extreme weather events’’ that cost the country a combined loss of $3.72 billion.

Sports News

17. Magnus Carlsen wins Meltwater Champions Chess Tour 2022

Magnus Carlsen claimed the Meltwater Champions Chess Tour 2022 title with a tournament defeating Arjun Erigaisi in the quarter-finals of the 8th and penultimate event of the Meltwater Champions Chess Tour with a convincing 2.5-1.5 result, Carlsen secured the title of the tour champion and a $50.000 prize on top of his overall winnings (so far) of $192.000.
The 31-year-old had to work in the opening game of his quarter-final match as Erigaisi played some of his best chess against the champ to go three pawns up and set up a seemingly easy win.

18. FIFA: Tazuni unveiled as mascot for 2023 FIFA Women’s World Cup

Tazuni, a fun, football-loving penguin is unveiled as the Official Mascot of the FIFA Women’s World Cup Australia & New Zealand 2023.
Tazuni will become an important symbol for the FIFA Women’s World Cup Australia & New Zealand, appearing on official tournament merchandise and media platforms, as well as in real life in community activities ahead of the event.
Tazuni, a 15-year-old midfielder whose story involves her falling in love with football after playing with a group of children on a beach, is set to feature on merchandise, media platforms and community activities in the build-up to the FIFA Women’s World Cup. The name Tazuni is a fusion of the Tasman sea, the home of penguins and Unity, which is the key value of the event.

Important Days

19. National Police Commemoration Day: 21 October

October 21 commemorates the sacrifices of ten CRPF personnel who lost their lives in the line of duty. On October 21, 1959, ten Indian policemen were killed during an attack by Chinese troops in the Hot Springs region close to Ladakh after an argument between the troops.
Since that day, 21 October has been observed as National Police Commemoration Day in honour of the martyrs. This incident started on October 20, 1959, when the Central Reserve Police Force (CRPF) was in charge of patrolling the 2,600-mile border between India and Tibet.
Three units of the CRPF’s 3rd Battalion were dispatched on separate patrols to a location known as Hot Springs to keep an eye on the Indo-China border in North Eastern Ladakh. However, one of the three contingents, which consisted of two police constables and a porter, did not return.

Important takeaways for all competitive exams:

Central Reserve Police Force Headquarters: New Delhi
Central Reserve Police Force Formed: 27 July 1939;
Central Reserve Police Force Director General, CRPF: Dr Sujoy Lal Thaosen, IPS.

20. Global Dignity Day 2022: 3rd Wednesday in October

Global Dignity Day is observed every year on the 3rd Wednesday of October. This year Global Dignity Day is observed on the 19th of October. The day is an initiative to educate and inspire young people and help them to understand their self-worth and goals.
It was established in 2008 and continues to grow in popularity. Dignity is an inherent part of the human condition. It is an initiative celebration day that educates and inspires young people. Global Dignity Day is celebrated to make everyone living in this world realize that they have rights and deserve respect in every aspect.

21. National Solidarity Day 2022: Significance and History

India observes National Solidarity Day on 20th October every year. This day is observed to honour the Armed Forces. In the wake of the mortifying military thrashing because of China, India had started observing National Solidarity Day on October 20—the date on which China began the assaults in 1962.
In 1966, India was ruled by Indira Gandhi as its prime minister and at that time a committee was set up. In order to honour the soldiers who fought in the war and the families of those soldiers who gave their lives in the line of duty, the 20th of October was designated as “National Solidarity Day” by this committee, which also consisted of Prime Minister Indira Gandhi.
National Solidarity Day 2022 commemorates the 1962 war between China and India. In this war, India was defeated by China. Many of the country’s warriors were also martyred in this war, the consequences of which were disastrous for both India and China, particularly India.

Miscellaneous News

22. Guinness World Records Officially Declares Monday ‘Worst Day Of The Week’

Guinness World Records has officially declared “Monday” the worst day of the week. After Guinness World Records’ move, all of that will no longer be smoothed over into a wishy-washy ‘Monday blues’ packet. It’s real now. Going into Monday means you’re going into the officially declared and universally accepted worst day of the week. Now you could blame your general grumpiness on it being Monday.
It would be a concern only during the remaining six days of the week. Guinness World Records (GRW) took to Twitter and officially presented Monday the accolade of being the worst day of the week.
Guinness World Records, known from its inception in 1955 until 1999 as The Guinness Book of Records and in previous United States editions as The Guinness Book of World Records, is a reference book published annually, listing world records both of human achievements and the extremes of the natural world.

Important takeaways for all competitive exams: