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Important Daily Current Affairs Updates – 24th October 2017 

Important Daily Current Affairs Updates – 24th October 2017 

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IMPORTANT DAY

United Nations Day: 24th October

United Nations Day is observed globally on 24 October. UND 2017 marks the 72nd anniversary of the UN Charter’s entry into force and celebrates everything that the UN represents and has achieved since its establishment in 1945. All the member states of the United Nations contribute finances to its operation to help further its goals.

Useful Info

UN Headquarters – New York

Secretary-General of the United Nations – Antonio Guterres

INTERNATIONAL

2nd World Congress on Marxism to be Held in Beijing

The 2nd World Congress on Marxism is scheduled to be held at Peking University in Beijing, China in May 2018. The theme of this conference is “Marxism and the Current World and China”. The congress coincides with the 200th anniversary of Karl Marx’s birth and 40th anniversary of China’s reform and opening-up.

Useful Info

Country – China

Capital – Beijing

Currency – Renminbi (Yuan)

11-Year-Old Gitanjali Rao Named America’s Top Young Scientist

Gitanjali Rao, an 11-year-old Indian-American schoolgirl, was named as “America’s top young scientist” for inventing a cost-effective, quick lead-contamination detector in water. The seventh-grade student was inspired by the large-scale lead contamination in water in Flint, Michigan, that came to light recently. Rao won $25,000 for taking the top position at the 2017 Discovery Education 3M Young Scientist Challenge.

Useful Info

Country – United States of America

Capital – Washington D.C

Currency – US Dollar

State of World Population 2017 Report Launched

The United Nations Population Fund (UNFPA) Executive Director Dr. Natalia Kanem has launched the 2017 State of World Population report in London, UK. The new UNFPA report has been entitled as “Worlds Apart: Reproductive Health and Rights in an Age of Inequality.” As per the report, economic inequality goes hand in hand with inequality in reproductive health. As of 2017, half of 1.6 billion women of reproductive age living in developing regions want to avoid a pregnancy.

Useful Info

Headquarters of UNFPA is located in – New York, US

The new UNFPA report warns-

Only about half of the world’s women hold paid jobs

Globally, women earn 77 per cent of what men get

Three in five women worldwide lack maternity leave, many pay “motherhood penalty”

BANKING & ECONOMY

SBI Launched ‘2nd SBI Digital Hackathon’

The State Bank of India has launched the second edition of its Hackathon named ‘Digitize For Bank.’  This hackathon will be held from 1st to12th November 2017. It is presented by SBI Collaborative Innovation Centre (CIC). This edition focuses on four ‘Cognitive’ themes namely Facial Recognition, Signature Recognition, Voice based Authentication and Cheque Truncation Value Enhancers.

Useful Info

SBI – State Bank of India

Headquarters – Mumbai

Present Chairman – Rajnish Kumar

IndusInd Bank Launches m-wallet with MobiKwik

IndusInd Bank, in association with MobiKwik had announced the launch of a co-branded wallet ‘IndusInd MobiKwik’ that allows its customers to pay at the MobiKwik merchant network using their accounts, with a ’Direct Debit Feature’. The direct debit feature will allow IndusInd Bank account holders to link their accounts just once and pay using the co-branded app as and when required, thereby eliminating the need to load the MobiKwik prepaid wallet separately.

Useful Info

IndusInd Bank headquarters – Mumbai

Chairman of IndusInd Bank – R. Seshasayee

CEO of MobiKwik – Bipin Preet Singh

AGREEMENT

National Research Development Corporation (NRDC) Signs Pact for IP Management

National Research Development Corporation (NRDC) has signed an MoU each with European Business Technology Centre (EBTC) and Lovely Professional University. EBTC is a not-for-profit organization facilitating Europe-India cross-border collaboration in technology transfer and IP management. The MoU is for capacity building in intellectual property management by organizing training programmes in IP management and patent research and analysis and commercialization of IPRs.

Useful Info

NRDC – National Research Development Corporation

Chairman & Managing Director of NRDC – H Purushotham

Bangladesh Signs Gas Oil Deal with India

Bangladesh has signed a long-term sales and purchase agreement with an Indian refiner to import gas oil to meet the country’s energy demand. The deal between Bangladesh Petroleum Corp. (BPC) and Numaligarh Refinery Ltd (NRL) was signed in presence of India’s external affairs minister Sushma Swaraj, who arrived in Dhaka recently on a two-day visit to discuss bilateral issues. Under the deal, BPC will take up to 250,000 tonnes of gas oil each year from NRL for the first three years of the deal to the BPC’s northern fuel depot via a 131-km (79 mile) pipeline, which will be built by India.

Useful Info

Country – Bangladesh

Capital – Dhaka

Currency – Bangladeshi Taka

APPOINTMENT

Government Appoints ex-IB Chief Dineshwar Sharma as Interlocutor

Union Home Minister Rajnath Singh announced that former Director IB Dineshwar Sharma was handpicked by the Ministry of Home Affairs (MHA) to hold a dialogue with stakeholders of Jammu and Kashmir. A sustained dialogue will be initiated with all shades of opinion in Kashmir Valley.

Useful Info

Rajiv Jain is the present Director of Intelligence Bureau (IB)

Union Minister for Home Affairs – Rajnath Singh

Constituency – Lucknow, Rajya Sabha

Association of Mutual Funds in India (AMFI) Appoints NS Venkatesh as New CEO

NS Venkatesh has been appointed as Chief Executive Officer of the Association of Mutual Funds in India (AMFI). The post was lying vacant after CVR Rajendran stepped down from the position in December 2016. Prior to joining AMFI Mr. Venkatesh was executive director at Lakshmi Vilas Bank.

Useful Info

AMFI – Association of Mutual Funds in India

Headquarters of AMFI – Mumbai

India Post Payments Bank (IPPB) Appoints Suresh Sethi as its MD & CEO

India Post Payments Bank (IPPB) has appointed Mr. Suresh Sethi as its Managing Director & Chief Executive Officer. Mr Sethi was the former MD of Vodafone M-Pesa Ltd. Mr. Sethi takes over from the dynamic leadership of Mr. A.P. Singh who had been the interim MD & CEO of IPPB since January 2017.

Useful Info

IPPB is Headquartered in New Delhi

Rakesh Asthana Appointed CBI Special Director

Gujarat-cadre IPS officer Rakesh Asthana was appointed the special director of the Central Bureau of Investigation (CBI). Asthana, a 1984-batch IPS officer, had been serving in the Central Bureau of Investigation as additional director. He is among eight senior police officers promoted by the Appointments Committee of the Cabinet.

Useful Info

Alok Kumar Verma is the present Director of CBI.

SPORT

Cristiano Ronaldo Named Best FIFA Men’s Player

Real Madrid star Cristiano Ronaldo has beaten Lionel Messi and Neymar to win the Best FIFA Men’s Player award for the second year running. Ronaldo was presented the award at The Best FIFA Football Awards ceremony in London, UK. The award, which covers the period of November 2016 to July 2017, is voted by national team coaches, captains, selected media and fans.

Useful Info

Other Awards presented in the ceremony are as follows

Netherlands’ Lieke Martens won The Best FIFA Women’s Player award.

Arsenal forward Olivier Giroud won the Puskas Award for the year’s best goal after his acrobatic scorpion kick.

The Fair Play Award went to Slovacko’s Francis Kone, who saved the life of Martin Berkovec during a Czech First League game.

Real Madrid coach Zinedine Zidane was named the Best FIFA Men’s Coach.

Juventus’ Italian goalkeeper Gianluigi Buffon was named the best goalkeeper of the year.

OBITUARY

Legendary Filmmaker I V Sasi Passes Away

Veteran Malayalam director I V Sasi, best known for his films “Avalude Ravukal” and “Devasuram” died. He was 69. His debut directorial venture was “Ulsavam”, which released in 1975.

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