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Wednesday, October 13, 2021

DAILY GK: 10,11 OCT 2021

 DAILY GK: 10,11 OCT 2021

1.TATA SONS WON THE BID FOR ACQUIRING AIR INDIA FOR RS 18,000 CRORE

      Tata Sons Private Ltd subsidiary Talace Pvt Ltd has won the final bid for acquiring the national carrier Air India by submitting Rs 18,000 crore bid. The Cabinet Committee on Economic Affairs  (CCEA) – empowered Air India Specific Alternative Mechanism (AISAM) approved the highest price bid of Talace Pvt Ltd.

      The bid involves sale of 100 percent stake AI (the shareholding of Government of India), 100 percent stake in AI’s subsidiary Air India Express (AIXL) and 50 percent in the joint venture Air India SATS (Air India SATS Airport Services Private Limited ).

      The AISAM comprises Union Minister for Home Affairs and Cooperation Amit Shah; Union Minister for Finance & Corporate Affairs Nirmala Sitharaman; Union Minister for Commerce and Industry Piyush Goyal and Union Civil Aviation Minister Jyotiraditya Scindia.

 

2.‘KARUPPUR KALAMKARI PAINTINGS’ FROM TAMIL NADU RECEIVES GI TAG

      Karuppur kalamkari paintings, Kallakurichi Wood carvings & Kanyakumari Clove were awarded with Geographical Indication (GI) tags.

      Karuppur Kalamkari paintings – They are Traditional dyed paintings made on pure cotton cloth, mainly used in temples for umbrella covers, cylindrical hangings, chariot covers.

      Kallakurichi Wood carvings – Traditional wood carvings that are indigenous art of Madurai

      Kanyakumari Clove – Known for its rich aromatic oil content

 

3.MULTIDIMENSIONAL POVERTY INDEX (MPI) RELEASED BY UNDP & OPHI

      Analysis is produced by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).

      India has a maximum number of people, 381 millions, living in multidimensional poverty.

      The Scheduled Tribe (ST) accounts for 9.4% of the population and is the poorest with 65 million of the 129 million people living in multidimensional poverty.

      UNDP Headquarters– New York, United States

 

4.FOURTH BI-MONTHLY MONETARY POLICY OF FY21-22

      The Reserve Bank of India’s (RBI) 6-members Monetary Policy Committee (MPC) released its fourth bi-monthly monetary policy statement for FY22 (April 2021 – March 2022).

      Policy Rates: RBI kept the rates unchanged (maintains status quo) for the 8th consecutive time

      Growth: The MPC has retained India’s real gross domestic product (GDP) growth projection for FY22 at 9.5 %. Real GDP growth for Q1 FY23 is projected at 17.2 per cent.

      Inflation: Consumer Price Index (CPI) inflation was projected at 5.3 percent in FY22, CPI inflation for Q1 FY23 was projected at 5.2 percent.

      Reserve Bank of India (RBI) decided to extend the on tap Special Long-Term Repo Operations (SLTRO) facility for small finance banks (SFBs) till December 31, 2021.

      RBI proposed to increase the per-transaction limit in Immediate Payment Service (IMPS) from Rs 2 lakh (effective from January 2014) to Rs 5 lakh for channels other than SMS and Interactive Voice Response System (IVRS).

      RBI  Established – April 1, 1935,Headquarter – Mumbai, Maharashtra

      Governor –  Shaktikanta Das,

      Deputy Governors – Mahesh Kumar Jain, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar

 

5.AVEEK SARKAR RE-ELECTED AS THE CHAIRMAN OF PTI

      Aveek Sarkar, the Editor Emeritus and Vice Chairman of the Ananda Bazar Group of Publications, has been re-elected as the Chairman of Press Trust of India (PTI) for a period of 2 years.

 

6.INDIA WON 3 BRONZE MEDALS IN 2021 ASIAN TABLE TENNIS CHAMPIONSHIPS IN DOHA, QATAR

      For the first time in the history, Indian table tennis contingent has won 3 Bronze medals in the 2021 Asian Table Tennis Championship organised by the International Table Tennis Federation (ITTF) at Doha, Qatar .

      Medal Winning Teams:

      Indian Men’s Team – Sharath Kamal, Sathiyan Gnanasekaran and Harmeet Desai

      Men’s Doubles Team – Sharath Kamal Achanta & Satihyan Gnanasekaran

      Men’s Doubles Team – Manav Thakkar & Harmeet Desai

      Terms related to Table Tennis – Twiddle or Twirl, Sidespin, Backhand, Racket or Paddle, Chop

      ITTF-Headquarter – Lausanne, Switzerland

 

7.BOOK “THE CUSTODIAN OF TRUST”

      Book by Rajnish Kumar, former Chairman of State Bank of India (SBI), named “The Custodian of Trust” released . Rajnish Kumar joined SBI as a Probationary Officer in 1980

 

8.WORLD POST DAY 2021 – OCTOBER 9

      The United Nations (UN)’s World Post Day is annually observed across the globe on October 9th to commemorate the anniversary of the establishment of the Universal Postal Union (UPU) in 1874.

      The theme of 2021 World Post Day is “Innovate to recover”.

      UPU is a United Nations specialized agency .

      Headquarters- Berne, Switzerland

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