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Current Affairs October 23rd 2018

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Current Affairs October 23rd 2018

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Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs October 23rd 2018 includes News summary on current events of International, National, Banking, Sports Appointments, Science Obituary and Quiz importance of October 23rd 2018.

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Pak-Russia Joint Training Exercise ‘Druzhba-III’ held in Pakistan

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Key Highlights:

  • From 22nd October to 4th November 2018, ‘Druzhba-III’, the 3rd edition of joint bilateral military training exercise between Pakistan and Russia is held in Pakistan.

  • The exercise will be held at the training range in Nowshera district of Khyber-Pakhtunkhwa, in Pakistan. More than 70 soldiers from Russia’s southern military district will participate.

  • This will be the 3rd joint military drill between Pakistan and Russia under the bilateral training cooperation agreement. This exercise is held since 2016.

  • Armed forces from both the countries will perform tasks at an altitude of 1,400 meters above sea level.

  • In August 2018, an agreement was signed allowing Pakistani troops to train in Russia. It was signed during the 1st Russia-Pakistan Joint Military Consultative Committee (JMCC) meeting on security and defence.

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India’s coastal communities to get USD 43 million from Green Climate Fund

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Key Highlights:

  • On October 22 2018 UN-backed fund has approved USD 43.4 million for supporting climate resilience of millions of people living in the coastal states of Andhra Pradesh, Maharashtra and Odisha of India to combat extreme impacts of climate change during the 21st meeting of the Green Climate Fund (GCF) Board at Manama, Bahrain.
  • The new project will be supported through the United Nations Development Programme (UNDP), and is an essential step for India in reaching its goals outlined in the Paris Agreement and 2030 Agenda for Sustainable Development.

  • Government of India will finance an additional US$86.8 million toward the new project to mainstream and accelerate the impacts of the Green Climate Fund grant.
India, Croatia ink two agreements

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Key Highlights:

  • On October 22 2018 India and Croatia signed two agreements during the 14th Minister of Foreign and European Affairs and deputy prime minister Marija Pejcinovic Buric one day visit to India. This is the first Croatian foreign minister to visit the country after 17 years.

  • External Affairs Minister Sushma Swaraj and her Croatian counterpart Marija Pejcinovic Buric signed two agreements to facilitate Cultural exchange and Diplomatic cooperation.

  • They also discussed about the co-operation in political, trade and investment, health and pharmaceuticals, science and technology, tourism and culture.
Insolvency Law Committee submits its 2nd Report on Cross Border Insolvency and Recommends adoption of the UNCITRAL Model Law of Cross Border Insolvency, 1997

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Key Highlights:

  • On October 22 2018 Ministry of Corporate Affairs constituted Insolvency Law Committee (ILC) to recommend modification to Insolvency and Bankruptcy Code of India 2016, and has submitted its 2nd Report to the Government, which deals with cross border insolvency.

  • Corporate Affairs Secretary, Shri Injeti Srinivas handover this report to Shri Arun Jaitley , Minister of Finance and Corporate Affairs.

  • UNCITRAL Model Law of Cross Border Insolvency, 1997 was recommended by ICL to adopt as it provides a complete agenda to deal with cross border insolvency issues.
4th Edition of NITI Lecture Series held on 22nd October, 2018

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Key Highlights:

  • On 22nd October 2018, NITI Aayog organized the 4th edition of NITI Lecture Series at Vigyan Bhawan, New Delhi.

  • Prime Minister Narendra Modi attended the Lecture series. Key note address was delivered by Jensen Huang, President and Co-Founder, NVIDIA Corporation.

  • The theme for 2018 was “AI for ALL: Leveraging Artificial Intelligence for Inclusive Growth”.

  • Union Ministers, policy makers, experts from various fields, NITI Aayog Vice Chairman, Members, CEO and Senior officials participated.

  • The ‘NITI Lectures: Transforming India’ was inaugurated by Prime Minister Narendra Modi on August 26, 2016. It is held every year.

  • The lecture series aims to enable learning from successful development practice throughout the world at the Centre and States.
Orientation workshop on Health and Nutrition Initiatives under Aspirational District Programme & launch of e-MitraMobile app

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Key Highlights:

  • On 22nd October 2018, a one-day National Workshop for Orientation of District Officials of Aspirational Districts on Health and Nutrition, was held in New Delhi.

  • It was organized by Ministry of Health and Family Welfare and Ministry of Women and Child Development (MoWCD).

  • It was inaugurated by Ashwini Kumar Choubey and Anupriya Patel, Ministers of State for Health and Family Welfare.

  • State Health Ministers launched the Operational Guidelines on Aspirational Districts for Health and Nutrition and the e-Mitra mobile application.

  • The e-Mitra (Mobile Integrated Toolkit RMNCH+A) app has been designed to complement the Aspirational District Programme.

  • It will offer one stop solution to access RMNCH+A related statistics from various sources.

  • The workshop was attended by senior officers from the Ministry of Health, MoWCD, NHSRC, WHO, UNICEF, USAID, BMGF, TATA Trust, UNFPA and representatives from 28 States and 117 Aspirational Districts.
Gwalior host 4-day international dance festival “Udbhav Utsav”

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Key Highlights:

  • On 21st October 2018, Uzbekistan Ambassador to India Farhod Arziev inaugurated a 4-day international dance festival titled “Udbhav Utsav” in Gwalior, Madhya Pradesh.

  • This dance festival is sponsored by the Greenwood group of schools. This is the 15th year for this festival.

  • The inaugural session was held in Jiwaji Club, Gwalior. Dance troupes from Bulgaria, Turkey and Sri Lanka, and 25 teams from India, will participate. Keshav Pandey is the organising committee president.

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Paytm teams up with Softbank, Yahoo to launch ‘PayPay’ service in Japan

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Key Highlights:

  • On October 22 2018 Paytm, run by One 97 Communications Ltd has launched a QR-based smartphone payment service called ’PayPay’ in Japan in collaboration with SoftBank and Yahoo Japan Corporation.

  • PayPay allows users to store money from a bank account in their “PayPay” wallet and aims to promote the use of cashless payment in Japan. Japan accounts for only 20% of overall Cashless transactions in the country.

  • Yahoo Japan will terminate its current smartphone settlement function “Yahoo! Wallet” with the launch of payment service called ’PayP “PayPay”.

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Kimi Raikkonen wins US Grand Prix with Lewis Hamilton unable to get fifth F1 title

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Key Highlights:

  • On October 21 2018 Ferrari’s Kimi Raikkonen claimed his first victory of F1 race US Grand Prix in Texas.

  • It was the longest gap between wins in F1 history, beating the previous mark of Italian Riccardo Patrese.

  • Red Bull driver Max Verstappen was runner up and Lewis Hamilton secured third position.
Praveen Kumar announced his retirement

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Key Highlights:

  • On 20th October 2018, Indian pacer Praveen Kumar announced his retirement from all forms of cricket. Praveen Kumar is 32 years old. He hails from Meerut, Uttar Pradesh.

  • He represented India in 84 international matches between 2007 and 2012 and gained 112 wickets in Tests, One Day Internationals (ODIs) and Twenty 20 International (T20I).

  • He made his ODI debut in 2007. He is known for his ability to swing the ball in both ways.

  • He also played for Kings XI Punjab, Royal Challengers Bangalore, Sunrisers Hyderabad, and Gujarat Lions teams in the Indian Premier League (IPL) tournament. He took 90 wickets in 119 matches.

  • He played a major role in India’s title win in the Commonwealth Bank ODI tri-series in Australia in 2008.

  • He is also India’s highest wicket-taker on England tour in 2011, where he took 15 wickets in 3 Tests.
Sri Lanka’s Rangana Herath to retire from Test cricket

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Key Highlights:

  • Sri Lanka spinner Rangana Herath has announced that he will retire from Test Cricket after playing the first Test of Sri Lanka’s upcoming 3-match series against England from November 6 to 27, 2018, in Sri Lanka.

  • He is 40 years old. He is a left-arm bowler. He made his Test debut in 1999.

  • He has played 92 Test matches and has taken 430 wickets with an economy rate of 2.81.

  • He is Sri Lanka’s second highest wicket-taker after Muttiah Muralitharan, who has taken 800 Test wickets.

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IL&FS appoints three advisors for debt resolution plan

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Key Highlights:

  • On October 22 2018 IL&FS(Infrastructure Leasing & Financial Services) board of directors has appointed Arpwood Capital Pvt Ltd and JM Financial Consultants Pvt Ltd as financial and transaction advisors(FTAs) for the company.

  • Alvarez & Marsal has been appointed for the group with the mandate to maintain strict controls and manage day-to-day liquidity, evolve a resolution plan, and manage stakeholders with regards to the implementation of the resolution plan.

  • IL&FS and its subsidiaries have defaulted on several debt repayments recently due to liquidity crisis.

  • Infrastructure builder and financier IL&FS has accumulated debts of Rs 90,000 crore and recently defaulted on a host of short-term borrowings.

  • The central government stepped in to replace the board of directors with a new board led by banker Uday Kotak.

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Superflares from young stars may imperil planets: NASA

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Key Highlights:

  • Scientists have found that violent flares from the host star might make planets orbiting it, uninhabitable by affecting their atmospheres, using National Aeronautics and Space Administration (NASA)’s Hubble Space Telescope.

  • NASA’s Hubble telescope is observing such stars through a large programme called HAZMAT (Habitable Zones and M dwarf Activity across Time).

  • This programme is an ultraviolet survey of red dwarfs at 3 different ages: young, intermediate, and old.

  • As per NASA, stellar flares from red dwarf star, are particularly bright in ultraviolet wavelengths, compared with Sun-like stars.

  • Red dwarf is the smallest, most abundant and longest-lived type of star in our galaxy. Hubble’s ultraviolet sensitivity helps to observe these flares.

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Japanese Nobel chemistry laureate Shimomura passes away at 90

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Key Highlights:

  • On Oct.22 2018 Marine biologist Osamu Shimomura ,the Nobel Prize winner in chemistry has died at the age of 90.

  • Shimomura and two American scientists shared the 2008 Nobel Prize for the discovery and development of a jellyfish protein that later contributed to cancer studies.

  • Shimomura was born in northern Kyoto in 1928 and studied in Nagasaki,Japan. Shimomura was based in the U.S., but had moved back to Nagasaki.

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Q1. The Citizenship (Amendment) Bill, 2016 is about to be tabled in Parliament in its Winter Session for its passage. Which state went through complete shutdown amid protest against the Bill?
    A. Meghalaya B. Punjab C. Bihar D. Assam Answer: D

Q2. Which country is planning to launch own artificial moon by 2020?
    A. Russia B. China C. US D. North Korea Answer: B

Q3. Who refused to impose a blanket ban on firecrackers in India?
    A. Supreme Court B. Parliament C. NGT D. Environment Ministry Answer: A

Q4. The Environment Ministry has launched which campaign to protect the environment?
    A. Green Diwali, Healthy Diwali B. Green and Noise-Free Diwali C. Light Diyas, Not Crackers D. Safe Diwali, Clean Diwali Answer: A

Q5. Which state government declared 51 talukas as water scarcity hit on October 23?
    A. Madhya Pradesh B. Rajasthan C. Gujarat D. Odisha Answer: C

Q6. The Green Climate Fund has approved how much fund to assist poor countries to tackle climate change?
    A. $1.5 billion B. $2 billion C. $3 billion D. $1 billion Answer: D

Q7. Which space agency along with the European Space Agency has sent a spacecraft on 7-year journey to explore Mercury?
    A. NASA B. Roscosmos C. JAXA D. CNSA Answer: C

Q8. The ‘Invest India’ initiative of the Union Government won the top Investment Promotion Award of which organisation?
    A. United Nations B. World Trade Organisation C. Department of Industrial Policy and Promotion D. World Bank Answer: A

Q9. Which Union Minister was honoured with the 2018 Carnot Prize of Kleinman Center for Energy Policy?
    A. Piyush Goyal B. Radha Mohan Singh C. Nitin Gadkari D. Arun Jaitley Answer: A

Q10. Among ASEAN group of countries, the first-ever joint maritime exercise will be conducted between ASEAN and which country?
    A. Brunei B. China C. Malaysia D. Russia Answer: B

Q11. Where did President Ram Nath Kovind inaugurate the 3-day “Vishwa Shanti Ahimsa Sammelan” (world peace and non-violence conference) on 22nd October 2018?
    A. Nashik, Maharashtra B. Gandhinagar, Gujarat C. Shimla, Himachal Pradesh D. Kanpur, Uttar Pradesh Answer: A

Q12. How many agreements did India and Croatia sign during the Croatia’s 14th Minister of Foreign and European Affairs and deputy prime minister Marija Pejcinovic Buric one day visit to India, on 22nd October 2018?
    A. 3 B. 4 C. 2 D. 5 Answer: C

Q13. United Nations backed Green Climate Fund has approved _____ dollars for supporting climate resilience of millions of people living in the coastal states of Andhra Pradesh, Maharashtra and Odisha?
    A. USD 52.5 million B. USD 43.4 million C. USD 63.8 million D. USD 72.7 million Answer: B

Q14. Name the chairperson of the Insolvency Law Committee that submitted its 2nd Report on Cross Border Insolvency and Recommends adoption of the UNCITRAL Model Law of Cross Border Insolvency, 1997?
    A. Injeti Srinivas B. Anil Kumar Jha C. NK Singh D. Ravindra Chatterjee Answer: A

Q15. Where did the six-day 27th International Atomic Energy Agency (IAEA) Fusion Energy Conference (FEC 2018) start on 22nd October 2018?
    A. Mumbai, Maharashtra B. Jaipur, Rajasthan C. Gandhinagar, Gujarat D. Kolkata, West Bengal Answer: C

Q16. Where was the 4th edition of NITI Lecture Series held on 22nd October 2018?
    A. New Delhi B. Mumbai C. Chennai D. Bengaluru Answer: A

Q17. Where was the one-day National Workshop for Orientation of District Officials of Aspirational Districts on Health and Nutrition held on 22nd October 2018?
    A. Mumbai B. New Delhi C. Kolkata D. Bhopal Answer: B

Q18. Where was the 4-day international dance festival titled “Udbhav Utsav” inaugurated by Uzbekistan Ambassador to India Farhod Arziev, on 21st October 2018?
    A. Gwalior, Madhya Pradesh B. Ghaziabad, Uttar Pradesh C. Ladakh, Jammu & Kashmir D. Cuttack, Odisha Answer: A

Q19. ‘Druzhba-III’, the 3rd edition of joint bilateral military training exercise between Pakistan and which country is held from 22nd October to 4th November 2018, in Pakistan?
    A. China B. Russia C. Bangladesh D. Afghanistan Answer: B

Q20. Name the QR-based smartphone payment service launched by Paytm in Japan in collaboration with SoftBank and Yahoo Japan Corporation, on 22nd October 2018?
    A. PayPay B. PaytmScan C. CodePay D. Scan n Pay Answer: A

Q21. IL&FS (Infrastructure Leasing & Financial Services) board of directors have appointed which firm as the restructuring advisor to the company’s board, on 22nd October 2018?
    A. Arpwood Capital B. JM Financial C. Alvarez and Marsal (A&M) D. IndusInd Capital Investors Answer: C

Q22. Scientists have found that violent flares from the host star might make planets orbiting it, uninhabitable by affecting their atmospheres, using which telescope of National Aeronautics and Space Administration (NASA)?
    A. Kepler Telescope B. Hubble Space Telescope C. Rimmer Space Telescope D. Silver Liner Space Telescope Answer: B

Q23. Which team won its 3rd Vijay Hazare Trophy title at M Chinnaswamy stadium, in Bengaluru, Karnataka, on 20th October 2018?
    A. Chennai B. Mumbai C. Bengaluru D. Delhi Answer: B

Q24. Which Formula 1 (F1) racer won the US Grand Prix, on 21st October 2018?
    A. Lewis Hamilton B. Sebastian Vettel C. Valterri Bottas D. Kimi Raikkonen Answer: D

Q25. Who won the Men’s Singles title of the Danisa Denmark Open 2018 (Badminton) tournament held in Odense, Denmark, from 16 to 21 October 2018?
    A. Kento Momota B. Chou Tien Chen C. Marcus Fernaldi Gideon D. Kevin Sanjaya Sukamuljo Answer: A

Q26. Indian player Praveen Kumar announced his retirement from which sport on 20th October 2018?
    A. Hockey B. Badminton C. Tennis D. Cricket Answer: D

Q27. Rangana Herath of which country has announced that he will retire from Test Cricket in November 2018?
    A. India B. Bangladesh C. Sri Lanka D. Nepal Answer: C

Q28. Who won the Airtel Delhi Half Marathon men’s race on 21st October 2018?
    A. Andamalak Belihu B. Ian Wallace C. Amdework Walelegn D. Daniel Kipchumba Answer: A

Q29. Osamu Shimomura, the Nobel Prize winner in chemistry died on 19th November 2018. He was a ____?
    A. Marine biologist B. Radiologist C. Neurologist D. Genetic Scientist Answer: A

Q30. Where did Air Force Station Nal conduct an outreach programme named ‘Vayusena Pradarshani’, on 21stOctober 2018?
    A. Rajkot, Gujarat B. Bikaner, Rajasthan C. Guwahati, Assam D. New Delhi, Delhi Answer: B