Current Affairs Quiz - October, 2021

Notes:
SEBI’s board recently cleared a proposal for setting up a ‘Gold exchange’ and a ‘Social Stock Exchange’. In the Gold Exchange, the metal will be traded in the form of Electronic Gold Receipts (EGRs) and they will be notified as securities.
Any recognised stock exchange, existing as well as new, can launch trading in EGRs. Vault manager should be a body incorporated in India, registered with SEBI and should have a net worth of at least Rs 50 crore. The social stock exchange will be operated for fundraising by social enterprises.

Notes:
Japan’s former foreign minister Fumio Kishida is set to replace Yoshihide Suga as the Prime minister. He has won the ruling Liberal Democratic Party’s leadership vote on Wednesday.
The 64-year-old is set to replace PM Suga, after his approval ratings fell within his first year in office. Japan is facing a stagnant economy damaged  by the coronavirus pandemic, unprecedented public health crisis, and increased political threatening by China.

Notes:
Najla Bouden Romdhane has been named Tunisia’s first female prime minister. Before two months President Kais Saied assumed executive authority, sacked the prime minister and suspended parliament.
The President had said that during the emergency period, the government would be responsible to the president. Hence, the new Prime Minister would have less direct power than previous Prime Ministers.

Notes:
Prompt Corrective Action (PCA) refers to the watchlist of weak banks, by the Reserve Bank of India. The regulator imposes restrictions like curbs on lending among others, on such banks.
The Reserve Bank of India (RBI) has recently removed Indian Overseas Bank from the Prompt Corrective Action Framework. The bank was placed under the PCA framework in 2015. On the basis of the published financial results for 2020-21, the Board for Financial Supervision, found that the bank has not breached PCA parameter.

Notes:
The National Bank for Agriculture and Rural Development (NABARD) has approved a credit plan for Yaks. The scheme was developed by the National Research Centre on Yak (NRCY) at Dirang in Arunachal Pradesh. The NRCY functions under the Indian Council of Agricultural Research (ICAR).
The high-altitude animal is also referred to as “mountain cattle”. Earlier, a scheme was announced to insure the Himalayan yaks against the impact of climate change.

Notes:
The NITI Aayog, Amazon Web Services and Intel have jointly created a new experience studio, which is located at NITI Aayog Frontier Technologies Cloud Innovation Center, New Delhi.
This premise would serve as an experimentation facility for government, start-ups, enterprises, and industry experts. It would house technologies such as artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), augmented reality and virtual reality etc.

Notes:
Indian ace woman cricketer Smriti Mandhana has created a new record by becoming the very first Indian woman to score a century in Australia. The previously held record in this regard was 58 runs in the second innings of the Melbourne Test in 1991.
Mandhana scored 127 runs off 216 balls, which included 22 boundaries and a six.

Notes:
NITI Aayog has launched ‘The State Nutrition Profiles’ for 19 States and Union Territories in the country. It was launched in collaboration with International Food Policy Research Institute (IFPRI), Indian Institute of Population Sciences (IIPS), UNICEF and Institute of Economic Growth (IEG).
It analyses key indicators such as wasting, stunting, anemia, underweight and overweight and NCDs (Diabetes and High blood pressure). The SNP has included key takeaways for children, women and men and also identifies areas where the state has the potential to improve further.

 

Notes:
The International Financial Services Centres Authority (IFSCA) has set up an expert panel headed by former Enviornment and Forest Secretary C K Mishra to suggest a framework to develop a world-class sustainable finance hub at IFSC.
IFSCA was established in April last year under the IFSC Authority Act, 2019. It is headquartered at GIFT City, Gandhinagar. IFSCA is an authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC) in India.

 

Notes:
The Chief Justice of India (CJI), is also the Patron-in-chief of the National Legal Services Authority.
Recently, the six-week-long ‘The Pan India Legal Awareness and Outreach Campaign’ by NALSA was launched at Vigyan Bhavan. It was inaugurated by President Ram Nath Kovind on the occasion of Mahatma Gandhi’s birth anniversary.