Professional Documents
Culture Documents
GAME signs MoU with NRLM to Enable Railway Minister Inaugurates India’s
Financial Access for Women First Aluminium Freight Rake in Odisha
Entrepreneurs Union Minister for
MoU b/w: Global Alliance for Mass Railways Ashwini Vaishnaw flagged off 61- wagon
Entrepreneurship (GAME) with DAY-NRLM aluminium rakes, 61 BOBRNALHSM1, India’s first
(Deendayal Antyodaya Yojana -National Rural indigenously built Aluminium Freight Rake
Livelihood Mission) at Bhubaneswar Railway Station, Odisha that will
Purpose: to enable financial access for the growth carry coal for Hindalco’s Aditya Smelter in Lapanga,
of 10 lakh women entrepreneurs over 3 years. Odisha with Bilaspur, Chhattisgarh as its
✓ The objective of this partnership is to destination.
identify and train ‘VittaSakhis’ from Self ✓ The Aluminium Freight Rake is fully
Help Groups (SHGs) who can help Wes. designed and developed indigenously in
✓ NRLM was launched by the Ministry of collaboration with Research Design and
Rural Development (MoRD), Government of Standards Organisation (RDSO), Hindalco
India in June 2011. Industries Limited and Besco Wagon and
also 100 percent recyclable.
✓ They were built at Hindalco’s state-of-the-
MoF Removes Criteria for CPSEs to
art rolling facility in Hirakud, Odisha with
Improve Share Price Over Sectoral fully Lockbolted construction mechanism
Index with no welding.
In the revised Memorandum of Understanding
(MoU) guidelines for 2022–2023 (FY23),
PM Narendra Modi dedicates 75 Digital
the Department of Public Enterprises, Ministry of
Finance (MoF), withdrew the criteria that required
Banking Units to nation
listed Central Public Sector Undertakings (CPSEs) The Prime Minister (PM) of India Narendra Modi
to boost their share price over the BSE Sectoral dedicated 75 Digital Banking Units (DBUs) across
Index. 75 districts to the nation via video conferencing to
✓ The S&P BSE family of indices evaluates the ensure the benefits of digital banking reach every
performance of BSE Ltd. (formerly Bombay corner of India.
Stock Exchange (“BSE”) listed companies in ✓ DBU is a specialized fixed point business
a number of sizes, industries, themes, and unit or hub with certain minimum digital
strategies. Click here for official guidelines infrastructure for delivering digital banking
products and services as well as servicing
existing financial products and services
NHIDCL signs MoU with IIT Patna for digitally in self-service mode at any time.
Innovation in Highway Construction ✓ Setting up of DBUs is a joint initiative of the
MoU b/w: National Highways & Infrastructure Central Government, the Reserve Bank of
Development Corporation Ltd (NHIDCL) a CPSE India (RBI), the Indian Banks Association
(Central Public Sector Enterprises) under the (IBA) and the participating Commercial
Ministry of Road Transport and banks (other than regional rural banks,
Highways(MoRTH) & Indian Institute of payment banks and local area banks) with
Technology (IIT) Patna (Bihar) past digital banking experience are
Purpose: for cooperation in innovative solutions permitted to open DBUs in tier 1 to tier 6
for highways construction. centres.
INTERNATIONAL AFFAIRS
Global Hunger Index 2022: India slips ✓ The highest levels of hunger were in Africa
six places, ranked 107 of 121 countries South of the Sahara and South Asia. Click
The 15th Global Hunger Index (GHI) 2022 was here to read more.
released in which India slipped 6 places to rank at
107th out of 121 countries with a score of 29.1. The Global Multidimensional Poverty Index
level of hunger in India is rated as ‘serious’. In 2021, 2022: Number of Poor People in India
India ranked 101 out of 116 countries. In 2020, it Fell by About 415 Million Between 2005-
was placed at 94th
06 & 2019-21
The GHI is jointly published by European NGOs
According to the Global Multidimensional
(Non-Governmental Organizations) Concern
Poverty Index 2022, which is titled “Unpacking
Worldwide & Welthungerhilfe.
Deprivation Packages to Reduce Multidimensional
✓ Each set of GHI scores uses data from a 5-
Poverty”, 415 million people in India have been
year period. The 2022 GHI scores are
able to liberate from poverty over a 15-year period
calculated using data from 2017 through
between 2005–2006 and 2019–21, which is a
2021.
“historic change.”
✓ GHI score is calculated by combining the
✓ The report was released by the Oxford
following four indicators:
Poverty and Human Development Initiative
Undernourishment; Child stunting; Child
(OPHI) and the United Nations
wasting; Child mortality.
Development Programme (UNDP) at the
The global score of GHI 2022 is 18.2 as compared to
University of Oxford.
19.1 in 2014, and is still considered ‘moderate’. It is
✓ Sub-Saharan Africa (almost 579 million)
expected that world hunger will worsen in 2023
and South Asia (385 million) are home to
and beyond.
Indian Army Signs MoU with 11 Banks along with other benefits for the depositors and
for Agniveer Salary Accounts their dependents.
MoU b/w: Indian Army with 11 Banks ✓ The offer is also available for Non-Resident
Purpose: for providing banking facilities External (NRE) and Non-Resident
to Agniveers on enrollment under the Agnipath Ordinary (NRO) in Indian Rupees (INR)
scheme based on their FD amount.
✓ The 11 banks include State Bank of India ✓ Suraksha Fixed Deposit (FD) offers a high
(SBI), Punjab National Bank (PNB), Bank of interest rate of 7.10 % per annum
Baroda (BoB), IDBI Bank, ICICI Bank, HDFC (p.a.) on a 3 year FD and the insurance
Bank, Axis Bank, Yes Bank, Kotak Mahindra premium is not payable by the DCB
Bank, IDFC First Bank and Bandhan Bank. Suraksha FD customer.
✓ The Agnipath scheme which was launched ✓ DCB Bank: MD & CEO - Murali M.Natrajan;
in June 2022, will receive the first batch of HQ – Mumbai, Maharashtra
Agniveers for training by January 2023.
Click here for more about Agnipath Karnataka Bank Launches a Term
scheme… Deposit Scheme: ‘KBL Centenary Deposit
Scheme’
DCB Bank Relaunches Suraksha FD Karnataka Bank Limited (KBL) has launched ‘KBL
Scheme for its Customers Centenary Deposit Scheme’, a unique term
DCB Bank has relaunched its ‘Suraksha Fixed deposit scheme with higher rate of interest,
Deposit (FD)’ scheme, a 3-year FD scheme that effective from 17th October 2022.
offers higher interest rates and free life insurance
Foreign investment in India may reach third-biggest economy in the world by FY28 i.e. in
USD 475 b in next five years: CII-EY the next 5-years. The top two economies will
continue to be the United States (US) and China.
Report
✓ By 2026-27, India’s economy is projected to
According to a report by the Confederation of
be USD 4.94 trillion. Then in FY28, it will hit
Indian Industries (CII) and EY (Ernst and Young)
USD 5.36-trillion mark, higher than Japan’s
titled ‘Vision—Developed India: Opportunities
at USD 5.17 trillion, and will become the
and Expectations of MNCs’, India has the potential
third-largest economy.
to attract Foreign Direct Investment (FDI) flows of
✓ India’s GDP growth in Q1 FY23 was 13.5 %.
USD 475 billion in the next 5 years.
✓ In FY2021-22, India received FDI (Foreign
Direct Investment) inflow of USD 84.8 Nokia & Ericsson Signed Multi-Year
billion despite the impact of the COVID-19 Contracts with Reliance Jio to build 5G
pandemic and geopolitical developments on networks in India
investment sentiment. Multi-Year Contracts among: European Telecom
✓ 71% of MNCs (Multinational Companies) gear makers Nokia(Finland) & Ericsson(Sweden)
working in India considers the country an with Reliance Jio Infocomm Limited (Jio), Indian
important destination for their global communications service provider (CSP),
expansion. Purpose: to build one of the largest 5G networks in
the world and to build India’s first 5G Standalone
India may overtake Germany, Japan too network to achieve India’s digital leadership. 5G is
to become world’s 3rd Largest Economy the 5th generation technology standard for
As per the International Monetary Fund broadband cellular networks.
(IMF) World Economic Outlook database, India ✓ Jio has selected Nokia as the major supplier
may overtake Germany and Japan to become the for the 5G Radio Access Network (RAN)
ADSTL to acquire MRO operator Air Limited (ZEE) in a block trade which will fetch as
Works for Rs 400 crore much as USD 169.5 million.
Adani Defence Systems & Technologies Limited ✓ Some of the buyers of the stake were
(ADSTL), the defence manufacturing arm of Adani Morgan Stanley, Citigroup, Inc, Bank of
Group, signed a definitive agreement to acquire Air America, Abvendus (financial services firm),
Works Group, India’s 2nd oldest Maintenance and ICICI Prudential Mutual Fund (MF).
Repair and Overhaul (MRO) Unit for an enterprise ✓ Prior to the stake sale, Invesco held a
valuation of Rs 400 crore. 10.14% stake in Zee entertainment through
✓ With this acquisition, Adani Group will get OFI Global China Fund LLC.
maintenance capabilities in all 3 aircraft
maintenance verticals of the airline, CCI Approves for Acquisition of Various
business jets, and defence. Entities & Imposes Rs. 1337.76 crore
✓ Air Works Group is India’s largest Monetary Penalty on Google
independent MRO with the largest pan- The Competition Commission of India (CCI) has
India network presence across 27 cities, approved the following Acquisition:
which was established in1951 by two ✓ Acquisition of equity securities amounting
friends P S Menon and B G Menon. to up to 10% of the total paid up share
capital and voting rights of the YES Bank
Invesco sells 5.51% stake in Zee for Rs Limited by Verventa Holdings Limited.
1396 crore ✓ Acquisition of up to 10% of the total paid up
Invesco Developing Markets Fund, United States share capital and voting rights of the YES
(US) based investment firm, offloaded Bank by CA Basque Investments.
a 5.51% stake in Zee Entertainment Enterprises
ENVIRONMENT
Serbian Scientists Named New Species of ✓ Pavizham gavi was spotted at a waterfall in
Beetle After Novak Djokovic Gavi, Pathanamthitta (Kerala), while
Species Name: Duvalius Dokovici (named after Rajathelphusa brunnea was found in
Serbian tennis player Novak Djokovic) Mattupetty, Idukki (Kerala).
✓ Genus: Duvalius genus, that is present in
Europe New species of Pygmy Grasshopper
✓ The insect is a specialised underground named ‘Dravidacris Annamalaica’ after
Coleoptera beetle, a predator which lost its Dravidian landscape
eyes living deep underground. Species Name: ‘Dravidacris Annamalaica’ of
A New Genus, 2 Species of Semi- Pygmy Grasshopper, also known as grouse locust.
Terrestrial Freshwater Crabs Spotted in ✓ Genus: Dravidacris
Western Ghats, Kerala ✓ Founded in: Tamil Nadu
Species Name: Pavizham gavi and Rajathelphusa ✓ Dravidacris Annamalaica is a separate
brunnea genus of grasshoppers that was discovered
Discovered by: Researchers at the Department of for the 1st time in India.
Aquatic Biology and Fisheries, University of
Kerala
Overview of 36th National Games 2022; Cricket: India Wins Women’s Asia Cup
Services Tops for the 4th Consecutive 2022 defeating Sri Lanka; India won
Time their 7th Asia Cup
After a gap of 7 years, the 36th National Games Indian Women’s cricket team captained by
were held from September 29 – October 12, 2022. Harmanpreet Kaur has won the Asian Cricket
These were declared open by the Prime Minister Council (ACC) Women’s Twenty20 (T20) Asia
(PM) of India Narendra Modi at Narendra Modi Cup 2022 by 8 wickets defeating the Sri
Stadium in Ahmedabad, Gujarat. This was the first Lanka women’s team captained by Chamari
time the Games were held in the state. Athapaththu in the final match held in Sylhet
✓ The games were held across 6 cities of International Cricket Stadium in Sylhet,
Gujarat viz. Ahmedabad, Gandhinagar, Bangladesh.
Surat, Vadodara, Rajkot and Bhavnagar. Bangladesh hosted 8th edition of the Women’s Asia
Cycling-Track Events will be held in Indira Cup tournament 2022 which was held from 1st to
Gandhi Cycling Velodrome. 15th October 2022.
✓ The 37th National Games 2023 will be held ✓ This marks India’s 7th Asian Cup
in Goa in October 2023. title. India has won 7 of 8 Asian Cups so far.
About Mascot & Anthem: In 2018 India lost the Asia Cup to
Mascot– Saavaj Bangladesh.
• It means cub in Gujarati represents India’s ✓ India’s Deepti Sharma was adjudged
cultural heritage while also giving a glimpse the “Player of the
of a rapidly growing India. Tournament”, and Renuka Singh of India
Anthem– It was based on the theme of ‘Ek Bharat was adjudged as the Player of the Match
Shreshtha Bharat’ (Final)
• The theme personifies the spirit of Judega ✓ ACC: President– Jay Shah; HQ– Dubai,
India, Jitega India. United Arab Emirates(UAE).
• It was sung by popular singer Sukhwinder
Singh Qatar Hosts 2023 AFC Asian Cup; India &
Theme/Motto– Celebrating Unity Through Sports Saudi Arabia Shorlisted for 2027 AFC
Logo– It depicts an Asiatic lion head make up of
Asian Cup
sporting pictograms and the Statue of Unity.
The 2023 Asian Cup, the quadrennial international
Top 5 rankers:
men’s football championship of Asia organised by
State/Union
the Asian Football Confederation (AFC) will be
Ran Territory/Tea Gol Silve Bronz Tota
k m d r e l hosted by Qatar for the 3rd time.
✓ Qatar is the first country to host the AFC
1 Services 61 35 32 128 Asian Cup for third time, previously the
2 Maharashtra 39 38 63 140 country had hosted the events in 1988 and
3 Haryana 38 38 40 116 2011.
✓ The AFC Asian Cup is held every 4 years and
4 Karnataka 27 23 38 88
2023 AFC Asian Cup is the 18th edition of
5 Tamil Nadu 25 22 27 74 the series that starts from 20th November
Click here to read more. 2023.
OBITUARY
IMPORTANT DAYS
STATE NEWS
Nagaland CM Neiphiu Rio Launches (ASDM) signed MoU with Microsoft, Larsen
Universal Health Insurance Scheme: & Toubro Limited (L&T) and HealthCare
Sector Skill Council (HSSC) and an
CMHIS
agreement with Google India Private
Nagaland Chief Minister (CM) Neiphiu
Limited.
Rio launched the first of its kind universal health
✓ The Assam Tourism Development
insurance scheme, named the Chief Minister’s
Corporation signed an MoU with the
Health Insurance Scheme (CMHIS) at Kohima,
ministry of skill development and
Nagaland.
entrepreneurship, Government of India
✓ Under the scheme, Nagaland government
(GoI), TATA Strive Skill Development
will spend Rs 69 crore as premium for the
Initiatives of Tata community Initiative
1st year of the scheme and has signed an
Trust and the Indian Hotels Company.
agreement with the Oriental Insurance
✓ The Assam Power Distribution Company
Company Limited for taking up as its
(APDCL) also signed an agreement with
insurance partner.
Satluj Jal Vidyut Nigam’s Green Energy for
✓ The main aim of the scheme is to support
the generation of 1000 MW solar power.
health expenses faced by the people and
also to ensure better health care services.
CII & Indian Oil Corporation Partners to
Assam Government Signs 7MoU & MoA Launch Project Vayu Amrit in Sangrur
The Confederation of Indian
with Industrial Partners for State’s
Industry (CII) partnered with Indian Oil
Development Corporation (IOC) to launch project ‘Vayu Amrit’, a
Assam government signed seven Memoranda of crop residue management initiative, to mitigate
Understanding and Agreement (MoU, MoA) with stubble burning in Sangrur, Punjab.
various industry players for the development of ✓ The project ‘Vayu Amrit’ will be
Assam. Some of the agreements are as follows: implemented in around 300 villages,
✓ On behalf of the Assam government, covering 3 lakh acres of farmland.
Assam Skill Development Mission