Daily Current Affairs: October 22, 2021

Daily Current Affairs (October 22, 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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National News

India hits 100 crores COVID-19 vaccination milestone

• India has hit the milestone of administering 100 crore doses of COVID-19 Vaccinations, including both the first and second doses.
• The top five states which have administered the highest number of COVID-19 vaccination doses are Uttar Pradesh, followed by Maharashtra, West Bengal, Gujarat and Madhya Pradesh.

State News

Chattisgarh Chief Minister launches the Shri Dhanwantri Generic Medical Store scheme offering low-cost medicines                     

• Chhattisgarh Chief Minister Bhupesh Baghel launched the Shri Dhanwantri Generic Medical Store scheme to provide medicines at affordable rates and to make healthcare services accessible to the poorest of the poor in Chattisgarh.
• Under this scheme, 84 medical stores were inaugurated from which people will get a discount between 50.09 per cent and 71 per cent on the Maximum Retail Price (MRP) of medicines.

Chhattisgarh    

• Capital: Raipur
• Chief Minister: Bhupesh Baghel
• Governor: Anusuiya Uikey

International News

Pakistan remains on Financial Action Task Force Grey List                         

• The global terror financing watchdog Financial Action Task Force (FATF) retained Pakistan on its ‘Grey List’ of countries and Turkey, Jordan and Mali have been added as new entrants to the list.
• Pakistan was placed on the Grey List by the FATF in June 2018 due to its failure to comply with the FATF mandates.

Financial Action Task Force (FATF)

• Headquarters: Paris, France
• President: Marcus Pleyer

Banking & Economy

Kotak Mahindra Bank partners with Pine Labs to expand point- of-sale devices (PoS) services

• Kotak Mahindra Bank Limited (KMBL) has partnered with Pine Labs to expand its merchant acquiring and point-of-sale (PoS) services to more merchants, especially retailers.
• The merchants in India may now take advantage of Kotak Mahindra Bank’s point-of-sale payment solutions, which are integrated with Pine Labs’ technology stack, to help develop their businesses.

Kotak Mahindra Bank

• Headquarters: Mumbai, Maharashtra
• CEO: Uday Kotak
• Tagline: “Let’s make money simple”

Bharti AXA Life Insurance partners with Utkarsh Small Finance Bank for bancassurance                

• Bharti AXA Life Insurance has entered into a bancassurance partnership with Utkarsh Small Finance Bank for the distribution of life insurance products, including protection, health, savings and investment plans to the customers of the bank.
• This partnership will benefit the customers from a diverse range of new-age products offered by Bharti AXA Life Insurance.

Sovereign Gold Bonds is set to be issued in four tranches from October 2021 to March 2022                         

• The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds in four tranches from October 2021 to March 2022.

• These bonds will be sold through scheduled commercial banks (except small finance banks and payment banks), Stock Holding Corporation of India Limited (SHCIL), Clearing Corporation of India Limited (CCIL), designated post offices, and recognised stock exchanges, namely National Stock Exchange (NSE) of India Limited and Bombay Stock Exchange (BSE) Limited.

Appointments

Dame Sandra Prunella Mason was appointed as the President of Barbados

• Dame Sandra Prunella Mason was appointed as the first-ever President of Barbados after removing Queen Elizabeth as the head of the state.
• She is the first woman to serve on the Barbados Court of Appeals and has been the Governor-General since 2018.
• She is set to be sworn in on 30 November to mark Barbados’s 55^th anniversary of independence from Britain.

Union Government appoints seven Executive Directors for various public sector banks

• The Union Government has appointed seven Executive Directors at various Public Sector Banks (PSBs) for three years.

Awards and Recognitions

Alexei Navalny won the European Union’s Sakharov Rights Award 2021                                      

• The European Parliament has awarded the European Union’s top human rights prize — Sakharov Rights Award 2021 — to the imprisoned Russian opposition leader Alexei Navalny for his work to expose corruption and measures to curtail freedom in Russia.
• The Sakharov Prize is named after the Soviet dissident Andrei Sakharov and is presented to people working for human rights or democracy.
• Belarusian opposition leader Svetlana Tikhanovskaya has received the Sakharov Rights Award 2020.

Ranks and Indices

India ranks 106^th in the FIFA Rankings 2021

• India has moved to the 106^th position from the 107^th position in FIFA Rankings 2021 after the Sunil Chhetri- led Indian football team won the South Asian Football Federation (SAFF) Championship 2021.
• Belgium remained top while Brazil was ranked second and France ranked third.
• The top 10 is completed by Italy, England, 2021 Copa America champion Argentina, Spain, Portugal, Mexico and Denmark.

Science & Technology

South Korea launches first homegrown rocket and satellite into space                          

• South Korea has launched its first homegrown 47- metre rocket named ‘Nuri’ from the Naro Space Centre in Goheung in South Jeolla province, but it failed to successfully deploy a test satellite into orbit.
• Nuri is South Korea’s first space launch vehicle powered by five rocket Engines, which were developed and built completely with South Korean technology.
• The rocket is designed to carry a payload of up to 5 tonnes to an orbit 600 to 800 kilometres above the Earth’s surface.
• South Korea is aiming to send a probe to the Moon by 2030.

South Korea

• Capital: Seoul
• Currency: South Korean Won
• Prime Minister: Chung Sye-Kyun
• President:  Moon Jae-In

Obituary

Sri Lanka’s first cricket Test captain Bandula Warnapura passed away at 68                 

• Sri Lanka’s first cricket Test captain and a former coach and administrator Bandula Warnapura has passed away at 68.
• He played 12 One Day Internationals and four Tests in an international career spanning seven years from 1975–1982.
• He made his ODI debut against the West Indies at the 1975 World Cup.

Daily CA- 22 October One liners

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