Current Affairs Quiz - October, 2019

Notes:
As per 4th bi – monthly Monetary Policy Statement for 2019-20, the Reserve Bank of India (RBI) has cut  its key lending rate — repo rate – by 25 basis points to 5.15% in an effort to boost a sluggish economy as inflation remains in a comfortable zone.  This is the 5th consecutive rate cut by the apex bank this year.

Notes:
Axis Bank has launched a short-term online fixed deposit product ‘Express FD’ that allows a customer to open a FD account in 3 minutes through the digital mode without opening a savings account with the bank. The new product offers a host of features like attractive interest rates, zero issuance fees and no penalty on pre-mature withdrawal (up to 25% of the amount). A customer can now open an Express FD account by investing a minimum Rs 5,000 up to Rs90,000, for a tenure of 6 to 12 months.

Notes:
Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy has launched the YSR Vahana Mitra welfare scheme under which the owner-driver of an auto-rickshaw (or taxicab) gets Rs 10,000 grant per annum. The amount is meant to meet maintenance expenses, and for obtaining insurance and fitness certificates among other documents.

Notes:
Indian Oil Corporation (IOC) has launched drive to convert the single use plastic waste into specialized bitumen (CRMB55) that can be used for construction of roads and highways. This initiative was launched to mark the 150th birth anniversary of Mahatama Gandhi and as part of the Swachh Bharat Abhiyan. 

Notes:
Himachal Pradesh Chief Minister Jai Ram Thakur has launched the Pragati Rath of the HDFC bank that will provide financial and digital literacy to the people during a month-long initiative by moving to different parts of the state.

Notes:
The World Trade Organisation (WTO) is hosting the first-ever World Cotton Day (WCD) in Geneva on 7th October 2019. Union Textiles Minister Smriti Irani is representing India in the 5-day event of WCD. The WCD will celebrate the many advantages of cotton, from its qualities as a natural fibre, to the benefits people obtain from its production, transformation, trade and consumption. It will also serve to shed light on the challenges faced by cotton economies around the world because cotton is important to least developed, developing and developed economies worldwide. 

Notes:
Indian Army has started its  first-of -its kind biggest ever mountain combat exercise titled ‘Him Vijay’ in Arunachal Pradesh. It is the first-ever such drill that the military is holding in the northeastern state i.e., 100 km away from the Line of Actual Control (LAC).  The exercise is to test mobility, communication and coordination of such huge body of fast-moving troops in difficult terrain. The exercise is to be conducted in two phases. The first phase will be held between 7th to 10th October 2019  and the other phase will be from 20th- 24th October 2019.

Notes:
The Union Health Ministry has recently released data on  the Pradhan Mantri Jan Arogya Yojana (PMJAY), which is the tertiary care arm of Ayushman Bharat. According to report, Tamil Nadu (with 40,056 cases) tops the state where the most cancer patients availed treatment under PMJAY, followed by Kerala (22,000), Madhya Pradesh (19,455), Chhattisgarh (15,997) and Gujarat (14,380). The report revealed that there are 11.57 lakh new cancer patients and 7.84 lakh cancer deaths every year in India. At any given point of time, there are 22.5 lakh Indians living with cancer. 

Notes:
The Nobel Prize 2019 for Physics has jointly been awarded to three scientists – James Peebles, Michel Mayor and Didier Queloz – groundbreaking discoveries about the evolution of the universe and the Earth’s place in the cosmos. One half of the award was given to James Peebles for theoretical discoveries in physical cosmology and the other half jointly to Michel Mayor and Didier Queloz for the discovery of an exo-planet orbiting a solar-type star. They will share a 9-million kronor cash award, a gold medal and a diploma. The laureates will receive them at a ceremony in Stockholm on December 10. 

Notes:
India’s first e-waste clinic is being set up in Bhopal, Madhya Pradesh. For this noble cause, the Bhopal Municipal Corporation (BMC) and the Central Pollution Control Board (CPCB) have signed pact that would enable segregation, processing and disposal of waste from both household and commercial units. Initially, it will be 3-month pilot project and being successful, it would be replicated elsewhere in the country. The clinic will be formed in compliance with the Solid Waste Management Rules of 2016.