Daily Current Affairs: October 20, 2021

Daily Current Affairs (October 20, 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.

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Important Days

World Statistics Day – 20 October                   

• World Statistics Day is observed every year on 20 October to create awareness about the achievements of official statistics that were based on the values of service, professionalism and integrity.
• This day was created by the United Nations Statistical Commission, which was first marked in 2010.

International Chef’s Day – 20 October                 

• International Chef’s Day is celebrated every year on 20 October across the globe as a tribute to the profession of culinary arts.
• Theme for 2021: ‘Healthy Food for the Future’.

National News

Union Minister of State of Earth Sciences launches the Air Quality Early Warning System

• Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences Jitendra Singh has launched the Air Quality Early Warning System (AQEWS) to have decision-making capability for air quality management in Delhi – National Capital Region.
• A dedicated website has been created to deliver quantitative information about the contribution of emissions from Delhi and the surrounding 19 districts to the air quality in Delhi.

Prime Minister Narendra Modi inaugurates the Kushinagar International Airport in Uttar Pradesh                     

• Prime Minister Narendra Modi inaugurated the Kushinagar International Airport in Uttar Pradesh (UP).
• This airport is intended to inrease Buddhist tourism because Kushinagar is the final resting place of Gautama Buddha, where he attained Mahaparinirvana after his death.
• The Kushinagar International Airport was built at an estimated cost of 260 crores.
• This airport will serve nearby districts of Uttar Pradesh and Bihar and is an important step in boosting the investment and employment opportunities in the region.

Bharat Petroleum Corporation Limited launches an automated fuelling Technology named ‘UFill’                   

• Bharat Petroleum Corporation Limited (BPCL) has launched an automated fuelling technology named ‘UFill’ to ensure that its customers have a better experience at outlets.
• The new automated fuelling technology is secure, fast and smart and the customers need not download any app to use the UFill technology.
• When it comes to payment, customers can use whichever app they like, such as Google Pay, Paytm, etc.

Bharat Petroleum Corporation Limited (BPCL)

• Headquarters: Mumbai
• MD & CEO: Arun Kumar Singh
• Founded: 1952

Banking & Economy

IMF cuts India’s potential GDP forecast to 6 per cent

• The International Monetary Fund (IMF) cut India’s potential growth prediction for 2021 by 25 basis points to 6 per cent from 6.25 per cent due to the pandemic’s negative impact on investments and the labour market.

International Monetary Fund (IMF)

• Headquarters: Washington DC, USA
• Managing Director: Kristalina Georgieva

CoinDCX launches an over-the-counter (OTC) desk facility for institutional clients

• CoinDCX has launched an over-the-counter (OTC) desk for institutional clients interested in trading crypto assets, with the goal of increasing the number of users and overall trading volume.

CoinDCX

• Headquarters: Mumbai, Maharashtra
• Founded: 2018

Appointments and Resignations

IMF Chief Economist Gita Gopinath is going to step down in January 2022            

• The International Monetary Fund (IMF) Chief Economist Gita Gopinath will step down from the position and return to Harvard University in January 2022.
• She had joined the International Monetary Fund (IMF) as the Chief Economist in January 2019 and made history as the first female Chief Economist of the IMF.

 International Monetary Fund (IMF)

• Headquarters: Washington DC, USA
• Managing Director: Kristalina Georgieva

Amit Rastogi was appointed as the Chairman and Managing Director of the National Research Development Corporation       

• Amit Rastogi took over as Chairman and Managing Director (CMD) of the National Research Development Corporation (NRDC).
• He previously served as the Director of Electrical Engineering at the Union Ministry of Defence’s integrated headquarters for five years and as the Additional General Manager (Tech Services) at the Naval Dockyard for two years.

Phanimohan Kalagara was appointed as the Chief Technology Officer (CTO) of Pine Labs              

• Pine Labs has roped in former Flipkart executive Phanimohan Kalagara as its new Chief Technology Officer (CTO) after replacing Sanjeev Kumar.
• Phanimohan Kalagara has spent 12 years working with PayPal, three years at Flipkart and about 8 years working in the USA.

Ranks and Indices

India ranks 71^st on the Global Food Security Index 2021

• India was ranked at the 71^st position in the Global Food Security (GFS) Index 2021, a global report released by London-based Economist Impact and Corteva Agriscience out of 113 countries.
• Ireland, Australia, the UK, Finland, Switzerland, the Netherlands, Canada, Japan, France and the US shared the top rank.
• This index is calculated based on the factors of affordability, availability, quality and safety and natural resources and resilience.

Indian pension system was ranked 40^th among 43 systems according to the 2021 Mercer CFS Global Pension Index survey (MCGPI)

• The Indian pension system was ranked 40^th out of 43 pension systems across the world in the Mercer CFS Global Pension Index survey (MCGPI) 2021, suggesting that India’s pension system needs to be overhauled to ensure enough retirement income.
• Iceland topped the index while Thailand had the lowest overall index value.
• India stood at the 34^th position out of 39 pension systems in 2020.

Sports News

Indian fencer Bhavani Devi wins the Charlellville National Competition in France                    

• Indian fencer Bhavani Devi won the Charlellville National Competition in France at the women’s sabre individual event.
• She is currently ranked 50^th in the world and is the top-ranked fencer from India.
• She made history by becoming the first Indian to compete in the fencing sport at the Tokyo Summer Olympics 2020.

Indian chess Grandmaster R. Praggnanandhaa wins the Julius Baer Challengers Chess Tour                    

• Indian chess Grandmaster R. Praggnanandhaa won the Julius Baer Challengers Chess Tour after defeating Christopher Yoo of the USA.
• He became the youngest Grandmaster to win the Julius Baer Challengers Chess Tour.
• He took the top prize of $12,500 and gained the right to play with the creamy layer of the chess world in the million-dollar Meltwater Champions Tour in 2022.

Books & Authors

Gulzar releases his new book titled ‘Actually…I Met Them: A Memoir’

• Indian legendary poet and lyricist Gulzar has released his new book titled ‘Actually…I Met Them: A Memoir’ which was published by Penguin Random House India.

Obituary

New Zealand cricket umpire Fred Goodall passed away at 83                     

• Fred Goodall, a New Zealand cricket umpire, who was at the centre of a notably tense test series between New Zealand and the West Indies in 1980, passed away at the age of 83.
• He stood in 24 Test matches and 15 one-day internationals between 1965 and 1988.

Daily CA- 20 October One Liners

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