Daily Current Affairs: October 2, 2021

Daily Current Affairs (October 2, 2021) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

Also, Don’t forget to attend the Daily Current Affairs Quiz – October 2, 2021, now @ our Bankersdaily Tests.

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Important Days

International Day of Non-Violence – 02 October

• International Day of Non-Violence is celebrated every year on 02 October to mark the birth anniversary of Mahatma Gandhi.
• He was born on 02 October 1869 in Porbandar, Gujarat. His full name was Mohandas Karamchand Gandhi, but he was popularly known as Gandhiji and also the ‘Father of Nation’.
• This day was established on 15 June 2007 by the United Nations General Assembly (UNGA).

National News

Union Government declares Chacha Chaudhary as the mascot for the Namami Gange Programme

• Famous Indian comic book character Chacha Chaudhary was declared as the mascot of the Union Government’s ‘Namami Gange Programme’ at an executive committee meeting of the National Mission for Clean Ganga (NMCG).

Manipur Government join hands with Tata Technologies to transform technical training and encourage innovation

• Global engineering and product development digital services firm Tata Technologies Limited (TTL) has collaborated with the Manipur Government to transform technical training and encourage entrepreneurship and innovation in the state (Manipur) for a period of 3 years.
• Under this collaboration, a center for invention, innovation, incubation and training (CIIIT) on industrial experiential learning and development will be established in Manipur.

Manipur

• Capital: Imphal
• Chief Minister: N. Biren Singh
• Governor: La. Ganesan

Insolvency and Bankruptcy Board of India (IBBI) celebrates its fifth annual day

• The Insolvency and Bankruptcy Board of India (IBBI) celebrated its fifth annual day on 01 October 2021. Chairman of the Economic Advisory Council to the Indian Prime Minister Bibek Debroy was the Chief Guest.
• He delivered the fifth annual day lecture keynote address on “From No Exit to Easy Exit ‐ A Case Study of IBC”.

Insolvency and Bankruptcy Board of India (IBBI):

• Headquarters: New Delhi
• Chairperson: M. S. Sahoo

ECI launches inaugural edition of ‘The ECI Annual National Essay Contest on Election & Democracy’

• The Election Commission of India (ECI) has launched the inaugural edition of ‘The Election Commission of India Annual National Essay Contest on Election & Democracy’.
• This event was jointly conducted by India International Institute of Democracy and Election Management (IIIDEM), Jindal Global Law School (JGLS) and O.P. Jindal Global University, Haryana.

International News

Union Minister Piyush Goyal inaugurates the India Pavilion at the Dubai Expo 2020

• Union Minister of Commerce and Industry Piyush Goyal has inaugurated the India Pavilion at theDubai Expo 2020, featuring an innovative kinetic facade made up of 600 individual colourful blocks.
• Among the 192 participating countries, India has the biggest pavilion in the expo.

Najla Bouden Romdhane became the first woman Prime Minister of Tunisia

• President of Tunisia Kais Saied has appointed Najla Bouden Romdhane as the new Prime Minister of Tunisia. Tunisia became the first Arab country to appoint a female Prime Minister.
• She is a professor of geophysics at the National School of Engineers in the capital of Tunis. She was appointed as the Director-General in charge of quality at the Tunisia’s Ministry of Higher Education in 2011.

Tunisia

• Capital: Tunis
• Currency: Tunisian Dinar
• President: Kais Saied
• Prime Minister: Najla Bouden Romdhane

India Navy and Australia Navy sign ‘Terms of Reference’ for navy-to-navy talks

• The Indian Navy and the Australian Navy have signed the ‘Terms of Reference’ (ToR) for the conduct of the navy-to-navy talks under the framework of the ‘Joint Guidance for the India – Australia Navy to Navy Relationship’
• It was signed by the two navy chiefs of both the countries. This is the first such document signed by the Indian Navy with any country.

Australia

• Capital: Canberra
• Currency: Australian Dollar
• Prime Minister: Scott Morrison
• Deputy Prime Minister: Barnaby Joyce

Banking and Economy

Indel Money partners with IndusInd Bank for India’s first conventional gold loan co-lending partnership

• Indel Money has tied up with IndusInd Bank for a gold loan co-lending partnership to offer gold loans at competitive rates. Under this co-lending partnership agreement, Indel Money will originate and process gold loans based on mutually formulated credit parameters and eligibility criteria.
• IndusInd Bank will be funded 80% of gold loans, while the remaining 20% will be funded by Indel Money.

IndusInd Bank

• Headquarters: Pune, Maharashtra
• MD & CEO: Sumant Kathpalia
• Tagline: We Make You Feel Richer

GST collection for September 2021 crosses Rs. 1.17 lakh crores

• The gross GST revenue collected in the month of September in 2021 was 1,17,010 crore rupees, which included the Central Goods and Service Tax (CGST) component of Rs. 20,578 crores, State Goods and Service Tax (SGST)of Rs. 26,767 crore and Integrated Goods and Services Tax (IGST) component of Rs. 60,911 crore rupees.

Indian Bank inks an MoU with NBFCs and HFCs for priority sector lending

• Indian Bank has entered into a memorandum of understanding with three leading non-banking finance companies (NBFCs) and housing finance companies (HFCs) for co-originate loans to the priority sectors.
• The Chennai-based lender Indian bank is partnering with Indiabulls Housing Finance, Indiabulls Commercial Credit and IIFL Home Finance on this co-lending arrangement.

Indian Bank

• Headquarters: Chennai, Tamil Nadu
• MD and CEO: Shanti Lal Jain
• Establishment: 1907
• Tagline: Your Own Bank
• Allahabad Bank was amalgamated with the Indian Bank on 1April 2020.

UPI records 365 crore transactions worth Rs. 6.54lakh crores in September 2021

• As per data released by the National Payments Corporation of India (NPCI), the Unified Payments Interface (UPI) has registered 365 crore transactions worth 6.54lakh crores in September 2021.
• This was the third straight month with more than 300 crore transactions on the UPI platform.

NTPC REL signs first green term loan agreement of Rs. 500 crores with Bank of India

• NTPC Renewable Energy Limited (REL), a 100 percent subsidiary of NTPC Limited has signed its first green term loan agreement of 500 crores at a very competitive rate with a tenor of 15 years with the Bank of India.
• The green term loan (GTL) will be used for NTPC’s 470 MW solar projects in Rajasthan and 200 MW solar projects in Gujarat.

Appointments

Air Marshal Sandeep Singh takes charge as the Vice-Chief of the Air Staff of the Indian Air Force

• Air Marshal Sandeep Singh took over as Vice Chief of the Air Staff (VCAS) of the Indian Air Force (IAF). Air Marshal R. Krishna also took over as the Chief of the Integrated Defence Staff to the Chairman of the Chiefs of Staff Committee (CISC). He was commissioned as a fighter pilot in 1983 and is a qualified flying instructor and an experimental test pilot.

Awards and Recognitions

USIBC is set to present Global Leadership Award to Shiv Nadar and Mallika Srinivasan

• Prominent Indian industrialists Shiv Nadar and Mallika Srinivasan have been chosen by top India-centric business advocacy group US–India Business Council (USIBC) as the recipients of its 2021 Global Leadership Award.
• The US-India Business Council (USIBC) announced the selection of Shiv Nadar, founder and Chairman Emeritus of the HCL Technologies and Mallika Srinivasan, Chair and Managing Director of the Tractors and Farm Equipment Limited (TAFE), for the award.

Sports News

Smriti Mandhana becomes the first Indian woman to score a Test hundred on Australian soil

• Indian women’s cricket team opener Smriti Mandhana became the first Indian woman to score a century in a pink-ball Test match.
• She scored 127 runs off 216 balls (22 boundaries and 1 six). This is also the first century by an Indian woman on Australian soil.

Daily CA-2 October One liners

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  October 2, 2021, now from the link given below.