Current Affairs Today 09th October 2019 | Current Affairs News
Dear Readers, Daily Current Affairs News Updates about the National and International events were listed here. Read Current Affairs Today here and stay updated with current news. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this and try Current Affairs Quiz to test your knowledge level.
The United Nations designated the first Monday of October of every year as World Habitat Day to reflect on the state of our towns and cities, and on the basic right of all to adequate shelter.
The Day is also intended to remind the world that we all have the power and the responsibility to shape the future of our cities and towns.
Frontier Technologies as an innovative tool to transform waste to wealth
World Cotton Day
The first-ever World Cotton Day (WCD) will be hosted by the World Trade Organization (WTO) in Geneva on October 7, 2019. The international day aims to celebrate the advantages of cotton, ranging from its qualities as a natural fibre to the benefits people obtain from its production, transformation, trade and consumption.
World Cotton Day also aims to highlight the challenges faced by the world’s cotton economies, as cotton is significant for the least developed, developing and developed economies worldwide.
World Post Day
World Post Day is celebrated each year on 9 October
The day was anniversary of the establishment of the Universal Postal Union in 1874 in the Swiss Capital, Bern. It was declared World Post Day by the UPU Congress held in Tokyo, Japan in 1969
World Post Day is observed to create awareness about the role and importance of postal services in the lives of people, and how it contributes to the global development
CURRENT AFFAIRS: NATIONAL
Health Minister Harsh Vardhan Launches Domestically Made Green Eco-Friendly Crackers Ahead Of Diwali
Union Minister for Health, Dr Harsh Vardhanlaunched eco-friendly firecrackers which have been manufactured in India.
The crackers, have been developed in the labs of the Council of Scientific and Industrial Research (CSIR). These crackers include sound-emitting crackers, pencil and flowerpot crackers and also sparklers.
The newly launched green crackers can be differentiated from the conventional crackers by a green logo and well as a Quick Response (QR) coding system.
Ministry of Health and Family Welfare
Govt sets up high-level panel to check money laundering activities
The government formed a 19-member Inter-Ministerial Co-ordination Committee (IMCC) chaired by the revenue secretary Mr Ajay BhushanPandey to check money laundering activities.
It is set up as per the powers conferred under Section 72A of the Prevention of Money Laundering Act (PMLA), 2002.
The 19-member Inter-Ministerial Co-ordination Committee (IMCC) has five secretaries, including from ministries of finance and external affairs, and chiefs of various regulatory authorities, as well as probe agencies.
Besides ensuring operational cooperation among the government, law enforcement agencies, the Financial Intelligence Unit-India and the regulators or supervisors, the committee would also work on development and implementing policies on anti-money laundering and countering the financing of terrorism.
The Financial Action Task Force Cell in Department of Revenue shall act as secretariat to the said Committee.
CURRENT AFFAIRS: BANKING AND FINANCE
IRDAI form working group to revisit the product structure of title insurance
One of the sections under Real Estate (Regulation and Development) Act, 2016 made it mandatory for real estate promoters or developers to obtain a title insurance policy before launching a project. Under title insurance policy a home buyer is protected against possible loss due to defects in title of a property, disputes or frauds.
After RERA came into existence, few general insurance companies started offering the title insurance products. However, product features—terms and conditions, scope of coverage and so on—differ based on the support received from their reinsurers.
The WG will be chaired by T.L. Alamelu, the whole-time member of IRDAI, in-charge of non-life insurance.
It will have representatives from general insurance companies, Real Estate Regulatory Authority (RERA) and IRDAI.
IRDAI- Regulatory and Development Authority of India
Subhash Chandra Khuntia
India gets info on Swiss bank account holders in fight against black money
India has received first tranche of its residents’ account details in Swiss banks under a latest framework enabling automatic information exchange between the two countries.
The development marks an important breakthrough in India’s efforts to track down black money stashed abroad. India is amongst 75 countries with which Switzerland’s Federal Tax Administration (FTA) has swapped intelligence on the financial details of people.
The FTA will next exchange information in September 2020.
In total, the FTA has shared information (resident’s country, name, address and financial institution with tax identification number, balance in the account and capital income) of 31 lakh financial accounts to partner countries. At the same time, Switzerland has received information about 24 lakh accounts.
CURRENT AFFAIRS: AWARDS AND HONOURS
2019 Nobel Prize in Physics Goes to 3 Scientists Whose Work Furthers Understanding of ‘Earth’s Place in the Cosmos’
Three scientists have been awarded the 2019 Nobel Prize in physics for groundbreaking discoveries about the evolution of the universe and the Earth’s place within it.
James Peebles, from Canada, has been awarded half of the 9m Swedish kronor (£740,000) prize for his theoretical discoveries about the evolution of the universe. The Swiss astronomers Michel Mayor and Didier Queloz share the other half of the prize for their discovery of the first planet beyond our solar system.
Mayor and Queloz have been recognised for their joint discovery in 1995 of the first exoplanet, 50 light years away in the constellation of Pegasus. The planet, 51 Pegasi b, is a gaseous ball about 150 times more massive than Earth and has a scorching surface temperature of about 1,000C.
CURRENT AFFAIRS: SUMMITS AND CONFERENCE
World Congress of Poets at KIIT
The 39th World Congress of Poets (WCP) will commence in KIIT Deemed to be university, coinciding with the 150th birth anniversary of Mahatma Gandhi.
More than 1,000 poets, writers from 82 countries and 500 poets from Odisha will attend the meet, which has ‘Compassion through Poetry’ as its theme.
This is the third time WCP is being hosted in India. On previous two occasions it was held in Chennai in 1986 and 2007. It is a matter of pride for Odisha and India to be hosting such a coveted Congress.
The WCP ‘Golden Gabel’ will be conferred on Dr Samanta. Besides that, honorary DLitt will be conferred on six eminent litterateurs and honorary diploma on five eminent persons. The Gandhi Prize for Literature will be awarded to notedGandhianAcharyaBhabananda.
The theme of the 5 days poetry festival was “Compassion through Poetry”.
First-ever India International Cooperative trade fair to be held in Delhi
The first-ever India International Cooperatives Trade Fair (IICTF) will be held at PragatiMaidan from October 11.
The ministries of Agriculture and Commerce and Industry have organised a three-day India International Cooperative trade fair from October 11 to 13.
The fair has been jointly organised by National Cooperative Development Corporation in association with the Bangkok-based international organisation NEDAC and leading organisations in India like NAFED, APEDA and ITPO.
In addition, six state governments and Union Territories are partners of IICTF. Bangladesh is also a partner country in the event.
CURRENT AFFAIRS: SCIENCE AND TECHNOLOGY
Saturn overtakes Jupiter as planet with most moons
Saturn has overtaken Jupiter as the planet with the most moons, according to US researchers.
A team discovered a haul of 20 new moons orbiting the ringed planet, bringing its total to 82; Jupiter, by contrast, has 79 natural satellites.
The moons were discovered using the Subaru telescope on Maunakea, Hawaii.
Each of the newly discovered objects in orbit around Saturn is about 5km (three miles) in diameter; 17 of them orbit the planet “backwards”.
This is known as a retrograde direction. The other three moons orbit in a prograde direction – the same direction as Saturn rotates.
Two of the prograde moons take about two years to travel once around the ringed planet.
The more-distant retrograde moons and one of the prograde moons each take more than three years to complete an orbit.
CURRENT AFFAIRS: RANKING
India ranks 68th on WEF’s global competitiveness index
India has slipped 10 spots to rank 68th out of 141 surveyed countries in the annual global competitiveness index
The index maps the competitiveness landscape of 141 economies through 103 indicators organized into 12 themes
Singapore replaced the United States as the world’s most competitive economy. Hong Kong SAR came in at 3rd position while Netherlands was ranked 4th and Switzerland at 5th spot.
India’s rank was as high as 15th in terms of corporate governance
India ranks second in the world for shareholder governance
India also ranked third in terms of market size and renewable energy regulation.
In terms of healthy life expectancy, India has been ranked 109 out of a total of 141 countries surveyed for the index.
India’s ratio of female workers to male workers of 0.26 has fetched it a rank of 128 while the country was positioned at 118th place in terms of meritocracy and incentivisation.