Current Affairs Quiz - October, 2021

Notes:
Indian American Satya Nadella, the Microsoft CEO, is among the corporate leaders to receive this year’s prestigious C K Prahlad award for Global Business Sustainability Leadership.
Created in 2010, the prestigious award recognises exceptional private-sector action that promotes sustainability, innovation and long-term business success. Four of Microsoft’s top leaders including Nadella received the honour for their collaborative leadership.  Microsoft aims to transform into a carbon negative company by 2030 and to remove all its historical emissions by 2050.

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:
World Sight Day is observed annually on the second Thursday of October. This year, the Day is observed on October 14.
It is a global event which aims to create awareness on blindness and vision impairment. It was originally initiated by the Sight First Campaign of Lions Club International Foundation in 2000. The theme for World Sight Day 2021 is ‘Love Your Eyes’.

Notes:
The 8th India-U.S.A. Economic & Financial Partnership Dialogue was held at Washington D.C recently, in which India was represented and Chaired by the Union Finance Minister Smt. Nirmala Sitharaman. The meeting was co-chaired by Secretary of the Treasury of the United States Dr. Janet Yellen.
Discussions on macroeconomic outlook and economic recovery from COVID, financial regulatory and technical collaboration between the two countries were held.

Notes:
Under the Pradhan Mantri Fasal Bima Yojana (PMFBY), the premium to be paid by farmers is fixed at 1.5% of the sum insured for rabi crops and 2% for Kharif crops, while it is 5% for cash/horticultural crops.
The balance premium is split between the Centre and states. The government has constituted a working group, to roll out an overhauled PMFBY from kharif 2022. The working group will find out reasons for high premium rates and suggest mechanism to rationalize them. This comes at the backdrop of exit of several states from the scheme

Notes:
The Delhi government is set to create the Rojgar Bazaar 2.0 portal, as a job matching platform for entry-level jobs.
As per the Delhi government, it will offer end-to-end employment related information to those searching for jobs in the national capital. The site will use artificial intelligence to draw up the best job matches and provide access to skill training, career guidance and skill credentialing.

Notes:
The first meeting of the Foreign ministers of India, Israel, the UAE and the USA held recently. It is dubbed as the New QUAD.
The virtual meeting discussed on increasing trade, enhancing cooperation in maritime security and global public health, as well as joint infrastructure projects in transportation and technology. Indian foreign minister S. Jaishankar held discussions with his counterparts.

Notes:
Russia is set to host the third meeting of the Moscow format of consultations on Afghanistan. India will be represented at joint-secretary level at the meeting.
The Moscow Format was established in 2017 as a six-party system comprising Russia, Afghanistan, India, Iran, China and Pakistan. It was then expanded with the inclusion of more countries. Its meetings were held in Moscow in 2017 and 2018. India and Taliban may have their first face-to-face meeting at the occasion.

Notes:
Former US President Donald Trump has recently announced plans to launch a new social media network, called TRUTH Social.
Though he was active in social media, Mr Trump was banned from Twitter and suspended from Facebook after his supporters stormed the US Capitol. Last year, Twitter and Facebook even started deleting some of his posts or labelled them as ‘misleading’.

Notes:
Konkan Shakti 2021 is the first-ever tri-services joint exercise between India and the UK. The week-long exercise has begun recently.
The exercise will be a platform to share each other’s experiences and to showcase the cooperation between the two countries. The maritime component of the exercise will be conducted off India’s west coast and the Harbour phase will be held in Mumbai. The land phase of the exercise will be held at Chaubatia in Uttarakhand.