Current Affairs 8 October 2022

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Current Affairs 8 October 2022 includes all newspapers such as The Hindu, The Economic Times, Business Standard, Times of India, PTI, Indian Express, and all Government official websites.

 News Headlines 

1. Indian Air Force Day 2022
2. RBI launches DAKSH – Reserve Bank’s Advanced Supervisory Monitoring System
3. SEBI cancels certificate of registration granted to Brickwork Ratings
4. French author Annie Ernaux wins 2022 Nobel Prize for Literature
5. 56 mn Indians may have turned poor in 2020 due to pandemic: World Bank
6. India, New Zealand navies sign pact on White Shipping Information Exchange
7. HDFC Life launches Insure India Campaign
8. Google to build its first cloud region in Greece
9. No charge for RuPay credit card use on UPI for transaction up to ₹2,000: NPCI
10. India emerges as world’s largest producer & consumer of Sugar
11. PM Narendra Modi lays foundation stone of Rs 350 cr Medical Device Park in Nalagarh, Himachal Pradesh
12. India’s PR Sreejesh, Savita Punia voted FIH Men’s and Women’s Goalkeepers of Year
13. Indian-origin Dr Vivek Murthy is US representative on WHO executive board
14. FinMin allows airlines to avail up to Rs 1,500 crore loan under ECLGS
15. First green tech based incubation centre of India to come up at NIT Srinagar
16. MoS Darshana Jardosh to inaugurate two-day Textile and handloom show on Oct 11 in New Delhi
17. Arunachal Governor B.D. Mishra assumes additional charge as Governor of Meghalaya

 News Details 

1. Indian Air Force Day 2022

• Indian Air Force (IAF) Day is celebrated on 8 October every year.
• The main purpose of the day is to pay tribute to the Air Force of India and acknowledge their contribution, and excellence India has presented in the field.
• The force has been a part of several important and landmark missions that have led to the success of the nation since 8 October 1932, when the Indian Air Force was founded.
• Theme:
  • The theme for 2022 has not been announced yet.
  • But, last year’s (2021) theme was ‘Touch the Sky with Glory’.

2. RBI launches DAKSH – Reserve Bank’s Advanced Supervisory Monitoring System

• Shri Shaktikanta Das, Governor, launched a new SupTech initiative named DAKSH – Reserve Bank’s Advanced Supervisory Monitoring System”, which is expected to make the Supervisory processes more robust.
• About DAKSH:
  • DAKSH means ‘efficient’ & ‘competent’, reflecting the underlying capabilities of the application.
  • It is a web-based end-to-end workflow application.
  • Using this application RBI can monitor compliance requirements in a more focused manner, with the objective of further improving the compliance culture in Supervised Entities (SEs) like Banks, NBFCs, etc.

3. SEBI cancels certificate of registration granted to Brickwork Ratings

• The Securities and Exchange Board of India (SEBI) cancelled the recognition certificate granted to Brickwork Ratings India, one of the seven registered credit rating agencies in the country, for ‘repeated lapses’ and irregularities in “discharging its duties”.
• SEBI said Brickwork, which counts Canara Bank as its promoter, had failed to take corrective measures despite penal action.
• More about SEBI:
  • Chairperson: Madhabi Puri Buch.
  • Headquarters: Mumbai.
  • Established in 1988.
• About Canara Bank:
  • Headquarters: Bengaluru.
  • CEO: Lingam Venkat Prabhakar.
  • Founded: 1906.

4. French author Annie Ernaux wins 2022 Nobel Prize for Literature

• The Nobel prize in literature has been awarded to French author Annie Ernaux, for the courage and clinical acuity with which she uncovers the roots, estrangements and collective restraints of personal memory.
• More information:
  • Last year’s Nobel literature prize went to the Tanzanian-born, UK-based writer Abdulrazak Gurnah.
  • The prize is awarded by the Swedish Academy and is worth 10 million Swedish crowns.
• About France:
  • Capital: Paris.
  • President: Emmanuel Macron.
  • Currencies: Euro, CFP franc.

5. 56 mn Indians may have turned poor in 2020 due to pandemic: World Bank

• The World Bank in its latest “Poverty and Shared Prosperity” made fresh estimates of poverty using a new extreme poverty line based on the purchasing power parity (PPP) of $2.15, the earlier one being at $1.9.About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million.
• About World Bank:
  • Headquarters: Washington, D.C., United States.
  • President: David Malpass.
  • Founded: 1944.
  • Motto: Working for a World Free of Poverty.

6. India, New Zealand navies sign pact on White Shipping Information Exchange

• The Indian Navy signed an agreement on White Shipping Information Exchange with the Royal New Zealand Navy to promote greater transparency in the Maritime Domain, the Ministry of Defence.
• White shipping information refers to exchange of relevant advance information on the identity and movement of commercial non-military merchant vessels.
• About New Zealand:
  • Prime minister: Jacinda Ardern.
  • Capital: Wellington.
  • Currency: New Zealand dollar.

7. HDFC Life launches Insure India Campaign

• HDFC Life, one of India’s leading life insurers has launched the ‘Insure India’ campaign that is aimed at educating Indians on the benefits of life insurance as a product category.
• The objective of this campaign is to educate Indians about life insurance thereby motivating them to secure their future with this unique financial product that offers benefits.

8. Google to build its first cloud region in Greece

• Alphabet Inc’s Google will set up its first cloud region in Greece, giving a boost to the country’s efforts to become a world cloud computing hub.
• A cloud region usually is based around a cluster of data centres.
• Google’s investment comes two years after Microsoft Corp. decided to build a data centre hub in the country.
• About Greece:
  • Prime Minister: Kyriakos Mitsotakis.
  • Capital: Athens.
  • Currency: Euro.

9. No charge for RuPay credit card use on UPI for transaction up to ₹2,000: NPCI

• Acquirers shall categorize Small Offline Merchant as per the RBI circular dated December 6, 2017.
• Nil MDR (no interchange, PSP & app provider charges) shall apply for this category up to the transaction amount less than and equal to Rs 2,000,” a circular issued by NPCI, which operates UPI, said.
• However, UPI, along with RuPay debit cards, do not attract any charges.
• UPI = Unified Payments Interface.
• About NPCI:
  • Full form = National Payments Corporation of India.
  • MD & CEO: Dilip Asbe.
  • Headquarters: Mumbai.

10. India emerges as world’s largest producer & consumer of Sugar

• India has emerged as the world’s largest producer and second largest exporter of sugar.
• A record amount of sugarcane—more than 5000 Lakh Metric Tons (LMT)—was produced in the nation during the sugar season Oct. to Sep. (2021–22).
• Out of this, 35 lakh metric ton sugar was diverted to ethanol production and 359 lakh metric ton of sugar was produced by sugar mills.
• More information:
  • October to September is generally considered as the sugar season in India.

11. PM Narendra Modi lays foundation stone of Rs 350 cr Medical Device Park in Nalagarh, Himachal Pradesh

• Prime Minister Narendra Modi laid the foundation stone of the Medical Device Park at Nalagarh in Himachal Pradesh on October 5, 2022, which will be built at a cost of about Rs 350 crore.
• During his one-day visit to the northern hilly state, the PM inaugurated and laid the foundation stone of projects worth over Rs 3650 crore.
• About Himachal Pradesh:
  • Governor: Rajendra Arlekar.
  • Chief Minister: Jai Ram Thakur.
  • Capital: Shimla (Summer) and Dharamshala (Winter).

12. India’s PR Sreejesh, Savita Punia voted FIH Men’s and Women’s Goalkeepers of Year

• Savita Punia, the captain of the Indian women’s hockey team, and veteran goalkeeper PR Sreejesh both received the FIH goalkeeper of the year title in the men’s and women’s categories.
• The third individual to receive the FIH Goalkeeper of the Year title twice is Sreejesh.
• Sreejesh also reached 250 international appearances during the course of the season.
• At the 2022 Commonwealth Games in Birmingham, where Indian men won the silver medal.
• About FIH:
  • Full form = Fédération Internationale de Hockey (FIH)
  • In english: International Hockey Federation.
  • It is the international governing body of field hockey and indoor field hockey.
  • Its headquarters are in Lausanne, Switzerland.

13. Indian-origin Dr Vivek Murthy is US representative on WHO executive board

• President Joe Biden has nominated US Surgeon General Dr. Vivek Murthy to serve as the country’s representative on the executive board of the World Health Organization.
• He was confirmed by the US Senate in March 2021 to serve as the 21st Surgeon General of the country.
• He previously served as the 19th Surgeon General under President Barack Obama.
• About WHO:
  • Full form = World Health Organization.
  • Headquarters: Geneva, Switzerland.
  • Founded: 7 April 1948.
  • Director-general: Tedros Adhanom Ghebreyesus.

14. FinMin allows airlines to avail up to Rs 1,500 crore loan under ECLGS

• The Union Finance Ministry on Wednesday allowed airlines to avail of up to Rs 1,500 crore loan under the Emergency Credit Line Guarantee Scheme (ECLGS), to help them tide over their cash flow problems.
• Earlier, an airline could avail of a loan of not more than Rs 400 crore under the ECLGS.
• About ECLGS:
  • It was introduced as a part of the Government of India’s COVID-19 financial relief package.
  • Under this scheme, financial institutions in India provide emergency loan facilities to various companies and MSMEs that have suffered during this pandemic.

15. First green tech based incubation centre of India to come up at NIT Srinagar

• Technology Business Incubation or Inclusive TBI (i-TBI) is a three-year initiative supported by the Department of Science and Technology (DST) for educational institutions, idea-generators, innovators and entrepreneurs to support the innovative ideas, startup initiatives and promote self-employment and job creation through incubation.
• About Jammu and Kashmir:
  • Lieutenant Governor: Manoj Sinha.

16. MoS Darshana Jardosh to inaugurate two-day Textile and handloom show on Oct 11 in New Delhi

• FICCI Ladies Organisation (FLO) is organizing a two-day Textile and handloom show titled ‘Anshukam’ in New Delhi on October 11, 2022.
• Union State Minister of Textiles and Railways Darshana Jardosh will inaugurate the event hosted by the apex body of business women.
• The theme for the show is ‘Weaving Stories Through Threads’.
• About FICCI:
  • Full form: Federation of Indian Chambers of Commerce & Industry.
  • President: Sanjiv Mehta.
  • Founded: 1927.
  • Headquarters: New Delhi.

17. Arunachal Governor B.D. Mishra assumes additional charge as Governor of Meghalaya

• Arunachal Pradesh governor Brig. (Dr) B.D. Mishra (retired) took oath as the governor of Meghalaya in addition to the position of Arunachal Pradesh.
• The senior most Judge of the Meghalaya High Court Justice Hamarsan Singh Thangkhiew administered the oath of office to Mishra at a function at the Durbar Hall of Raj Bhavan, Shillong.
• More about Arunachal Pradesh:
  • Capital: Itanagar.
  • Chief minister: Pema Khandu.
• More about Meghalaya:
  • Capital: Shillong.
  • Chief minister: Conrad Sangma.

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So, these are all the current affairs 8 October (today). If you want to explore the full list (all CA), including current affairs 8 October, please click on the link (Current Affairs).