Daily Current Affairs 23rd October 2019

Table of Contents

Dear Aspirants,

General awareness section is the most important part of every competitive exam, it can help you score well in the exam if you are updated with all the current news. Banking Awareness, Static GK and the current news are the parts that make the GA section complete. It is important to know what is happening in and outside of India. GK updates are incorporated with the important news that made the headlines today. It is the complete bag of the important news that held all day long. One should have complete knowledge about the banking terms, current affairs news, etc. So, here is the GK update of 23rd October to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

हिंदी में पढ़ें

National

1. Indian Railways install Electronic Interlocking System on Grand Chord route

Indian Railways has installed the most advanced Electronic Interlocking System on the Grand Chord route.
The measure is expected to help Indian Railways speed up trains and achieve the objective of reducing the travel time between Delhi and Howrah to about 12 hours from the existing 17 to 19 hours.
Grand Chord is part of the Howrah-Gaya-Delhi line and Howrah-Allahabad-Mumbai line.
The new Electronic system has replaced outdated 65-year old mechanical signalling system at Tundla Junction in Uttar Pradesh on the route.

Static/Current Takeaways Important For RBI Grade ‘B’ 2019:

Railway Minister: Piyush Goyal.

2. IIM Kozhikode & MRPL to support women entrepreneurs

IIM Kozhikode and Mangalore Refineries and Petrochemicals Ltd. have announced a special drive Labelled as “La Eve (meaning The Woman)” to support women entrepreneurs in the country.
The initiative aims to identify innovative, promising women-founded start-ups to provide a comprehensive start-up support programme. The initiative would be steered by the institute’s entrepreneurship development centre, Laboratory for Innovation, Venturing and Entrepreneurship or IIMK LIVE.
Under the drive “La Eve” IIMK LIVE would identify women-founded, innovation-led start ups and provide incubation that would provide access to the institutes intellectual, network and infrastructural resources. MRPL would provide seed fund assistance from the start funding initiative under start-up India Program.

States News

3. No govt. jobs in Assam for people with more than two children

The State Cabinet of Assam has decided to make government jobs out of bounds for people with more than 2 children.
The policy will come into effect from January 1, 2021.
The Cabinet also adopted a new land policy that will make the landless indigenous people eligible for 3 bighas (43,200 sq. ft.) of land for farming and half a bigha for constructing a house. The beneficiary will be able to sell the given land only after 15 years of use.

Agreements

4. AYUSH, Defence ministries ink MoU to provide traditional medicine services

The AYUSH ministry has signed an MoU with the Defence Ministry to provide traditional medicine services at the armed forces’ hospitals and dispensaries.
Minister of State for AYUSH Shripad Naik inaugurated an Ayurveda Palliative Care Unit at the Base Hospital in the Delhi Cantonment.
Under the MoU, Ayurveda units will also be established at palliative care centres at the Army Research and Referral Hospital, Air Force Hospital, Hindon in Ghaziabad and five identified ex-servicemen Contributory Health Scheme (ECHS) polyclinics in Delhi–NCR.

Static/Current Takeaways Important For RBI Grade ‘B’ 2019:

Union Minister of Defence: Raj Nath Singh.

5. Grasim partenered with German’s MR to produce insulators

Grasim Industries Limited has signed a definitive agreement to form a joint venture company in India with Maschinenfabrik Reinhausen GmbH (MR) of Germany.
The joint venture is for the manufacturing and sale of Composite Hollow Core Insulators to serve the power transmission and distribution (T&D) industry globally.
This joint venture will bring together Aditya Birla Insulators (a unit of Grasim) and Reinhausen Power Composites (a unit of MR).
ABPCL will build a fully integrated CHCI plant at Halol, bringing the latest technology for Composite Hollow Insulators from Europe.
It will serve the insulator requirements of Indian and global OEMs in the power equipment industry.

Appointment

6. Ashok Malik appointed as Policy Advisor in MEA

Ashok Malik has been appointed as the Policy Advisor in the External Affairs Ministry in the rank of Additional Secretary.
The Distinguished Fellow of the prominent think tank Observer Research Foundation (ORF) will have a 2-year tenure.
Ashok Malik has previously served as the Press Secretary to President Ram Nath Kovind from August 1, 2017 to July 31, 2019.

7. Godavarthi Venkata Srinivas elected as the next Ambassador of India to the Republic of Cabo Verde

The Ministry of External Affairs notified that Godavarthi Venkata Srinivas (IFS:1993), presently Ambassador of India to the Republic of Senegal, has been concurrently accredited as the next Ambassador of India to the Republic of Cabo Verde.
He will replace Rajeev Kumar.

Static/Current Takeaways Important For RRB NTPC/SSC CGL:

Union Minister of External Affairs: Subrahmanyam Jaishankar.

8. Pankaj Kumar appointed as new CEO of UIDAI

The Government of India appointed IAS officer Pankaj Kumar as the new CEO of the Unique Identification Authority of India (UIDAI).
He is currently Additional Secretary in the Ministry Of Electronics and IT.
The UIDAI is a statutory authority established under the provisions of the Aadhaar Act, 2016 by the government under the Ministry of Electronics and Information Technology, with the mandate to issue Unique Identification numbers (UID), or Aadhaar, to all residents of India to eliminate duplicate and fake identities.

Static/Current Takeaways Important For RBI Grade ‘B’ 2019:

Headquarters of UIDAI: New Delhi.

9. Sourav Ganguly take Charges as new BCCI President

One of India’s most decorated captains Sourav Ganguly takes over as the 39th President of the Board of Control for Cricket in India (BCCI).
Ganguly is the unanimous nomination for the post of BCCI President along with Union Home Minister Amit Shah’s son Jay Shah as the Secretary.
Mahim Verma of Uttarakhand is the new Vice President of BCCI.

Defence

10. DRDO starts work on ‘next-gen’ hypersonic weapon

The Defence Research and Development (DRDO) has started work to produce hypersonic weapon missiles that travel at 5 times speed of sound, or a little over a mile every second.
A wind tunnel to test and fine-tune the technology will be operational soon.
Hypersonic weapons are specifically designed for increased survivability against modern ballistic missile defence systems.
These missiles are capable of delivering conventional or nuclear payloads at speeds not imagined hiterto over long ranges.

Static/Current Takeaways Important For RRB NTPC/SSC CGL:

DRDO Chairman: G Satheesh Reddy; Formed: 1958; Headquarters: New Delhi.

Summit and Conference

11. 1st India-Bangladesh Stakeholders’ meet in Guwahati

The 1st India-Bangladesh Stakeholders’ meet was held in Guwahati. Bangladesh was represented by Commerce Minister Tipu Munshi.
India is the second-largest trading partner of Bangladesh.
A 70-member delegation from Bangladesh is participating in the meet, while a similar top-level team will represent the host nation.
The idea of the meet is to put Assam at the focus point of India’s trade expansion with the Association of Southeast Asian Nations as well as Bangladesh, Bhutan, and Nepal.

Static/Current Takeaways Important For RBI Grade ‘B’ 2019:

Bangladesh Capital: Dhaka; Currency: Taka; PM: Sheikh Hasina.

Ranks and Reports

12. IIT-Bombay again tops this year’s QS India University Rankings 2020

The latest 2 edition of Quacquarelli Symonds (QS) India University Rankings 2020 released.
The Indian Institute of Technology Bombay (IITB) has again topped all Indian Institutes in the list with an overall score of 88.5 followed by IISc- Indian Institute of Science, Bangalore (ranked 2 with 84.7 score) & Indian Institute of Technology Delhi (IITD),which has improved a notch to rank 3 with 82.2 scores.

Static/Current Takeaways Important For RRB NTPC/SSC CGL:

Headquarters of Quacquarelli Symonds (QS): London, United Kingdom
Founded: 1990
Founded by Nunzio Quacquarelli, QS is a British company specialising in education.

Sports

13. Graeme Smith has been elected as MCC Honorary Life Member

Former South Africa skipper Graeme Smith has been elected an Honorary Life Member of the Marylebone Cricket Club (MCC).
Smith has an impressive record in One-Day International, scoring 6,989 runs including ten centuries and also became South Africa’s youngest ever captain at 22.
Former Australian off-spinner Tim May was also awarded Honorary Life Membership in recognition of his outstanding achievements in cricket.
The pair follows Paul Collingwood, AB de Villiers, Mitchell Johnson and Adrian Morgan in being awarded Honorary Life Membership of MCC in 2019.

14. Anandan wins 2 golds at the 7th CISM World Military Games

Para-athlete Anandan Gunasekaran has won 2 gold medals at the 7th CISM World Military Games held in Wuhan, China.
He won the medal in the disabled men’s 100m and 400m IT1 events.
Gunasekaran finished the 100m race in 12 seconds and won India’s 1st medal in the ongoing Games.
He clinched his 2nd gold clocking 53.35s in the disabled men’s 400m IT1 event.

15. Bengal Warriors wins 7th season of Vivo Pro Kabaddi League 2019

In the final of 7th season of Vivo Pro Kabaddi League 2019, Bengal Warriors won their first title by defeating Dabang Delhi by 39-34 at the EKA Arena by TransStadia in Ahmedabad, Gujarat.
Most Valuable Player award of the League was bagged by Naveen Kumar from Dabang Delhi, Best raider to Pawan Kumar Sherawat from Bengaluru Bulls; Best defender award to U Mumba’s Fazel Atrachali and New Young Player of the season to UP (Uttar Pradesh) Yoddha’s Sumit.

16. 2024 Olympic Games logo unveiled in Paris

The logo for the Paris 2024 Olympic Games unveiled at a ceremony in the French capital.
The circular design with Paris 2024 in the art deco style which was in vogue in 1924 when Paris last hosted the Games, also incorporates the lips and outline of Marianne, the personification of the French Republic since the revolution in 1789.

Static/Current Takeaways Important For RRB NTPC/SSC CGL:

President of France: Emmanuel Macron; Capital: Paris; Currency: Euro, CFP Franc.

Miscellaneous

17. IRDAI imposes penalty of Rs 1.01 crore on Cholamandalam MS GIC

The Insurance Regulatory and Development Authority of India has imposed penalties of Rs 1.01 crore on Cholamandalam MS GIC.
The insurer was penalised for violations observed during an inspection.
The penalty of Rs 1 crore is for violation of Clause 15 of Schedule I of IRDA (Health Insurance) Regulations, 2013 which clearly specifies that no commission shall be payable to any intermediary on the acceptance of a ported policy.
The other penalty of Rs 1 lakh is for motor insurance and was for violating the outsourcing guidelines by agreeing to payment terms not in the interests of the insurer.