Current Affairs Quiz - October, 2021

Notes:
WHO launched its ‘Strategy to Achieve Global Covid-19 Vaccination by mid-2022’ launched last week. As a part of the strategy, India will soon submit its covid-19 vaccination targets to WHOwith an updated national vaccination trajectory.
It will also include plans defining dose requirements, investment required for manufacturing the vaccines and their distribution through the government. As per WHO, all countries must meet its targets to vaccinate 40% of their population by end-2021 and 70% by mid-2022.

Notes:
Rajnish Kumar, former chairman of State Bank of India (SBI), has joined the board of Fintech firm BharatPe as its Chairman.
Rajnish Kumar earlier retired from the country’s largest lender SBI after four decades of service, in October 2020. He was previously appointed as a non-executive director for the Asia Unit of HSBC.

 

Notes:
As per the data released by the National Statistical Office (NSO), India’s consumer price inflation fell sharply to 4.35% in September from 5.3% in August.
This five-month low inflation is due to a favourable comparison with last year and moderating food prices, which offset a rise in the cost of crude oil and fuel. This also marks the third consecutive month within the Reserve Bank of India’s (RBI) tolerance band of 2%-6%.

Notes:
The Manila headquartered Asian Development Bank has announced that it has elevated its target to deliver climate financing to its developing member countries to $100 billion. This would be achieved in the period 2019–2030.
This decision has been made by the ADB on account of worsening climate crisis and call for increased climate finance.

Notes:
The Prime Minister of India Narendra Modi has launched the PM Gati Shakti, a ‘national masterplan’ for multi-modal connectivity on 13th October 2021.
The master plan aims to use geo-mapping and real-time data on a single portal, to make sure that there is transparency and visibility over the project planning and implementation. Presently 16 government departments are part of the master plan.

Notes:
International Energy Agency (IEA) recently released its World Energy Outlook 2021 report. As per the report, almost $4 trillion investment into clean energy is required to meet the Paris Agreement pledge to limit the global temperature rise to 1.5 degrees Celsius.
The IEA mentioned some developing economies financing such projects, including India’s expansion of solar panels.

Notes:
The Department of Biotechnology has recently launched ‘One Health’ consortium, to monitor important bacterial, viral and parasitic infections of zoonotic and pathogens in the country.
The project aims to study the use of existing diagnostic tests and the development of additional procedures for monitoring and understanding the spread of emerging diseases. One Health Consortium consists of 27 organisations led by DBT-National Institute of Animal Biotechnology, Hyderabad.

 

Notes:
The Government of India has recently launched the Production Linked Incentive (PLI) scheme for Telecom manufacturing, which aims to increase investment and hence production levels in the sector.
Under the scheme, 31 global and local companies would strive for incremental production capacities amounting Rs 1.82 lakh crore over a period of five years

Notes:
The Office of the Economic Adviser is an attached office of the Department for Promotion of Industry and Internal Trade, under the Union Ministry of Commerce & Industry.
The key function of the office includes Compiling and releasing monthly Wholesale Price Indices and Compiling and releasing monthly Index of Core Industries Production. The wholesale price-based inflation has eased to a six-month low of 10.66% in September 2021, primarily helped by moderation in food price.

Notes:
The Border Roads Organization (BRO) is constructing a 500-metre tunnel near Nechiphu pass in Arunachal Pradesh.
It aims to cut down the travel time for vehicles going towards the forward base near China border. It primarily aims to bring down the time taken by military vehicles by six kilometres and 20 minutes. The Nechiphu tunnel is being constructed at an altitude of 5,600 feet under Project Vartak of BRO.