Dear Readers, Here we have given the list of Important Weekly Current Affairs of Oct 01st to 07th Oct 2022. Candidates those who are preparing for Upcoming SBI Clerk 2022 and other competitive exams can make use of it.
CURRENT AFFAIRS: IMPORTANT DAYS
- The International Day of Older Persons is celebrated on October 1 each year to increase awareness about the importance of ageing and promote the rights of older persons.
- International Coffee Day is observed on October 1 every year to promote and celebrate coffee as a beverage.
- Every year on October 2nd, people celebrate Gandhi Jayanti to remember the “Father of the Nation,” Mohandas Karamchand Gandhi.
- Every year on October 4th, World Animal Welfare Day is honored.
- World Teachers’ Day is observed every year on October 5 across the globe to recognize and celebrate educators including teachers, researchers, and professors’ work
- October 7 is celebrated each year as World Cotton Day
CURRENT AFFAIRS: NATIONAL NEWS
- Labour & Employment Minister Bhupender Yadav released a report on the 4th round of the quarterly employment survey.
- Indian Railways has launched a real-time information system to track train movement timings.
- The Government of India has banned the Popular Front of India(PFI), its affiliates, and associates.
- Union Minister of Power and New & Renewable Energy launched the Agni Tattva – Energy for LiFE campaign, to create awareness of the core concept of Agni Tattva, an element that is synonymous with energy and is amongst the five elements of Panchmahabhoot.
- Union Cabinet has approved a 4% additional installment of Dearness Allowance and Dearness Relief to Central Government employees and pensioners with effect from July 1, 2022.
- Union Cabinet has approved the extension for the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY-Phase VII) for a further period of 3 months i.e. October to December 2022 In pursuance of the pro-people announcement made by the Hon’ble Prime Minister in 2021and the successful implementation of additional food security under PMGKAY
- The Department of Youth Affairs of the Ministry of Youth Affairs and Sports (Government of India) will launch a month-long nationwide Clean India 2.0 from 1st -31st October 2022 after the successful campaign of last year.
- The Union Cabinet approved the Indian Railways’ ₹10,000 crore proposal for the redevelopment of three major stations — New Delhi, Ahmedabad, and Mumbai’s Chhatrapati Shivaji Maharaj Terminus (CSMT).
- Three years after a formal agreement was signed for setting up the world’s first CNG terminal in Gujarat, Prime Minister Narendra Modi will lay the foundation stone for the project at Bhavnagar.
- Union Road Transport and Highways Minister Nitin Gadkari announced the mandatory 6 airbags rule for passenger cars will come into force in October 2023.
- The Supreme Court declared that single women with pregnancies between 20 and 24 weeks are entitled to access the same safe and legal abortion care as married women.
- Prime Minister Narendra Modi inaugurated the Gandhinagar-Mumbai Vande Bharat Express train, the third in the Vande Bharat series that was launched in 2019.
- The executive committee of the National Mission for Clean Ganga has approved 14 projects at an estimated cost of ₹1,145 crore rupee.
- The Federation of Indian Publishers (FIP) 42nd Annual Awards ceremony for Excellence in Book Production 2022 was held in New Delhi.
- India’s first green hydrogen fuelling station, being set up at Leh in the Union Territory of Ladakh, is all set to be commissioned before May 2023.
- India’s largest airport – Delhi IGI Airport – has made its facility compliant with the 5G network, and passengers will be able to use the service once telecom service providers roll out the technology.
- The disbursal of small business loans under Pradhan Mantri Mudra Yojana (PMMY) logged a record 30 percent growth in the first half of the current fiscal ended September compared to the same period last year.
- The government’s ambitious open network e-commerce platform, the Open Network for Digital Commerce (ONDC), started its beta testing process with small retailers across 16 pin codes in Bengaluru.
- With a bumper sugar production of 35.9 million tons during the October-September season, India has left behind Brazil to become the top producer of the sweetener.
- The government has modified the Emergency Credit Line Guarantee Scheme (ECLGS) to enhance the maximum loan amount eligibility for airlines under ECLGS 3.0 to 100% of their fund-based or non-fund-based loan outstanding or ₹1,500 crore, whichever is lower, and of the above ₹500 crores shall be considered, based on equity contribution by the owners.
- With a promise to increase access to affordable healthcare in Himachal Pradesh in an eco-friendly manner, Prime Minister Narendra Modi inaugurated the All-India Institute of Medical Sciences in the Bilaspur district of Himachal Pradesh.
- Telecom Minister Ashwini Vaishnaw, ₹26,000 crores has been approved by the government to install new 25,000 telecom towers in the next 500 days.
- The government has approved the extension of the Online Building Plan Approval System (OBPAS) under the eChhawani portal to five more Cantonment Boards, namely Agra, Ranikhet, Babina, Jammu, and Cannanore.
CURRENT AFFAIRS: INTERNATIONAL NEWS
- India has entered into a collaboration with California for research and innovation in the field of Zero-Emission Vehicles (ZEV) to spur the development of its Electric Vehicle (EV) industry and address climate risks.
- The Indian Navy signed an agreement on White Shipping Information Exchange with the Royal New Zealand Navy to promote greater transparency in the Maritime Domain.
CURRENT AFFAIRS: STATE NEWS
- Odisha became the first state to publish an encyclopedia based on tribal communities.
- Uttar Pradesh Chief Minister Shri Yogi Adityanath inaugurated an intersection Lata Mangeshkar Chauraha named after legendary singer Lata Mangeshkar on the occasion of her 93rd birth anniversary in Ayodhya, UP.
- The Government of Haryana will develop the world’s largest jungle 10,000-acre safari park, covering Gurugram and Nuh districts in the Aravalli range.
- Andaman Nicobar (A&N) Islands become India’s first state/Union Territory (UT) to achieve 100% coverage of precautionary dose.
- According to a notification issued by the Ministry of Home Affairs (MHA), the Central government has extended the Armed Forces (Special Powers) Act, 1958 in 9 districts of Nagaland including Dimapur, Niuland, Chumoukedima, Mon, Kiphire, Noklak, Phek, Peren and Zunheboto from October 1, 2022, to March 30, 2023.
- Andhra Pradesh (AP) Chief Minister Shri Y.S. Jagan Mohan Reddy launched the ‘YSR Kalyanamasthu’ and ‘YSR Shadi Tofa’ marriage schemes & also launched the website about these schemes.
- Chhattisgarh Chief Minister Shri Bhupesh Baghel launched a scheme named Mahatma Gandhi Rural Industrial Parks (MGRIP) under which ‘gauthans’ (cow shelters in villages) will be developed as ‘rural industrial parks.
- The Telangana government has issued an order to increase the reservation for the Scheduled Tribe (ST) communities from 6% to 10%.
- The Telangana government has introduced the ‘Aasara’ pensions as a part of its welfare measures and social safety net strategy.
- The Pullampara Panchayat in Kerala’s capital Thiruvananthapuram has become the first ‘fully digital literate panchayat’ in
- Himachal Pradesh Chief Minister Shri Jai Ram Thakur launched the first-of-its-kind mobile application ‘The Satya Nishtha app, in Dharamshala, Himachal Pradesh (HP) to help investigate and control criminal activities.
CURRENT AFFAIRS: BUSINESS NEWS
- The government has now decided to borrow ₹14.21 trillion in the current fiscal, as against ₹14.31 trillion estimated in the budget.
- The combined index of eight core industries increased by 3.3% (provisional) compared to the Index of August 2021.
- Telecom operator Bharti Airtel’s 5G services will be available in eight cities announced chairman Sunil Bharti Mittal at India Mobile Congress.
- India’s top refiner Indian Oil Corp has set up a subsidiary to pool the funds of its overseas units to meet capital and trade finance needs.
CURRENT AFFAIRS: BANKING AND ECONOMY
- DBS Bank India Limited (DBIL) has partnered in collaboration with HDFC ERGO General Insurance Co Ltd and reinsured by Atradius, a worldwide provider of trade credit insurance to provide a bespoke Credit Insurance – Accounts Receivable solution to Tata Metaliks Ltd (TML), a subsidiary of Tata Steel Limited.
- Rating agency ICRA has maintained its forecast of 7.2% growth in India’sGross Domestic Product (GDP) for the financial year FY23.
- Muthoot Finance, one of India’s largest gold loan Non-Banking Financial Company (NBFC) companies, has signed a Memorandum of Understanding (MoU) with Lulu International Exchange, one of the money exchange and transfer companies in the UAE, to work as its collection partner.
- The World Bank has downgraded growth for developing East Asia and the Pacific to 3.2% in 2022.
- State-owned lender, Bank of India, (BoI) has acquired over 5.56% stake in Open Network for Digital Commerce (ONDC) for Rs 10 crore.
- The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) headed by RBI Governor Mr. Shaktikanta Das decided to increase Repo Rate by 50 basis points to 5.90%.
- The Government of India (GoI), World Bank (WB), and Small Industries Development Bank of India (SIDBI) are set to launch a $1 billion fund to provide guarantees against loan default to lenders financing the purchase of electric 2- and 3-wheelers.
- Capital markets regulator Securities and Exchange Board of India (SEBI) decided to extend the two-factor authentication (2FA) for subscription transactions in units of mutual funds to further safeguard the interest of investors.
- Karnataka Bank has opened an Analytical Center of Excellence (ACoE) at Electronic City, Bengaluru, Karnataka to harness the power of data.
- Capital market regulator Securities and Exchange Board of India (SEBI) issued guidelines on preferential issues and institutional placement of units in emerging investment vehicles – real estate investment trust (REIT) and infrastructure investment trust (InvIT).
- Markets regulator Securities and Exchange Board of India (SEBI) came out with a new framework for credit rating agencies (CRAs), involving ratings of securities having explicit credit enhancement features.
- Small Industries Development Bank of India (SIDBI) and Dun & Bradstreet, the global leading provider of business decisioning data and analytics, signed a Memorandum of Understanding (MoU) to create the SIDBI -D&B Sustainability Perception Index (SIDBI – D&B SPeX), Coimbatore, Tamil Nadu (TN).
- The Reserve Bank of India (RBI), has proposed to ease norms for internet banking for customers of Regional Rural Banks (RRBs).
- The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved a proposal to increase the dearness allowance (DA) & dearness relief (DR) of the central government employees and pensioners by 4% under the 7th Pay Commission with effect from July 1, 2022.
- Governor Shri Shaktikanta Das announced that the Reserve Bank of India (RBI) adopted the “expected loss” approach for loan provisioning.
- ICICI Bank UK PLC, a wholly owned subsidiary of ICICI Bank Limited, offers a bank account to Indian students aspiring to study in the UK called, ‘HomeVantage Current Account’ (HVCA).
- The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 221.99 crore from the Rural Infrastructure Development Fund (RIDF) to strengthen school infrastructure in rural schools in Punjab.
- The Reserve Bank of India (RBI) will release a discussion paper on the Securitisation of Stressed Assets Framework (SSAF).
- The Reserve Bank of India (RBI) will stop conducting 28-day variable rate reverse repo (VRRR) auctions, considering the current banking system liquidity conditions, but will continue with 14-day VRRR auctions.
- On the occasion of Gandhi Jayanti (Oct 02, 2022), State Bank Group Chairman Mr. Dinesh Khara, adopted 30 remote villages across Aspirational Districts in Haryana, Gujarat, Maharashtra, Punjab, Tamil Nadu (TN), and West Bengal (WB) under the 4th phase of the ‘SBI Gram Seva’ program.
- Dr. Reddy’s Laboratories Ltd (DRL) informed that the Life Insurance Corporation of India (LIC) has increased its stake to 7.7% from 5.65% stake.
- The National Payments Corporation of India (NPCI) and Central Bank of Oman (CBO) signed a historic Memorandum of Understanding (MoU) to launch the Rupay debit card in Oman, paving the way for a new era of financial connectivity.
- Aditya Birla Health Insurance Co. Limited. (ABHICL), the health insurance subsidiary of Aditya Birla Capital Limited (ABCL), has launched the first of its kind ACTIV FIT health insurance policy, a comprehensive health insurance plan for young and healthy adults.
- HDFC Life Insurance Company has launched the ‘Insure India’ campaign to educate Indians on the benefits of life insurance as a product category.
- JSW Cement has raised Rs 400 crore (USD 50 million) from MUFG Bank India as its first sustainability-linked loan.
- Export-Import Bank of India [Exim Bank], on behalf of the Government of India, has extended a Line of Credit (LOC) of USD 100 million to the Government of the Republic of the Maldives for financing developmental projects.
CURRENT AFFAIRS: AWARDS AND HONOURS
- The Cochin International Airport Limited (CIAL) has been awarded the Airport Service Quality (ASQ) award 2022 by the Airport Council International (ACI).
- Legendary cricketer Sunil Gavaskar has been awarded the gold medal by the Sports Journalists Federation of India (SJFI).
- Srishti Bakshi from India wins the ‘Changemaker’ award at UN SDG Action Awards.
- President Droupadi Murmu presented the Dada Saheb Phalke award for 2020 to actress Asha Parekh.
- Writer Dr. Madhav Hada will be awarded the 32nd Bihari Puraskar for his 2015 literary criticism book ‘Pachrang Chola Pahar Sakhi Ri’, the KK Birla Foundation announced.
- The Right Livelihood Award — known as the “Alternative Nobel” — was awarded to community activists and organizations working on three continents, including a Ukrainian civil rights activist.
- This year’s Nobel Prize in physics has been awarded to Alain Aspect (France), John F. Clauser (USA), and Anton Zeilinger (Austria) for their work on quantum information science.
- This year’s Nobel Prize in chemistry has been awarded in equal parts to Carolyn R. Bertozzi, Morten Meldal, and K. Barry Sharpless for developing a way of “snapping molecules together” that can be used to design medicines.
CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS
- Lieutenant (Lt) General Mr. Anil Chauhan (Retired), a known China expert who retired as the Eastern Army Command chief in May 2021 has been appointed as the next Chief of Defence Staff (CDS) of India
- The Law Ministry announced that Senior advocate R. Venkataramani has been appointed as the current & 16th Attorney General (AG) of India by President Droupadi Murmu for three years.
- The government has reshuffled the board of Infrastructure Leasing & Financial Services Limited (IL&FS), which is undergoing a debt resolution process, with existing board member C S Rajan being redesignated as the Non-Executive Chairman.
- NASSCOM-established leading industry body Data Security Council of India (DSCI) has appointed senior vice president Mr. Vinayak Godse to the position of Chief Executive Officer (CEO)
- The world’s largest manufacturer of motorcycles and scooters, Hero MotoCorp Limited has appointed Indian superstar, Ram Charan as the new brand ambassador.
- Senior Indian Police Service (IPS) officers Mr. Sujoy Lal Thaosen and Anish Dayal Singh have been appointed as the new director generals of the Central Reserve Police Force (CRPF) and Indo-Tibetan Border Police (ITBP) respectively.
- Senior Indian Administrative Service (IAS) officer Shri Sunil Barthwal was appointed as the Secretary of, the Department of Commerce under the Ministry of Commerce & Industry in New Delhi, Delhi, India.
- S Bharathan took over as Director-Refineries of Hindustan Petroleum Corporation Ltd (HPCL), a Maharatna Company.
- senior scientist in the Indian Space Research Organisation (ISRO), Dr. A K Anil Kumar, was elected as the Vice President of the International Astronautical Federation (IAF) during its Annual Conference International Astronautical Congress (IAC) 2022 held in Paris during 18-22 September 2022.
- N S Rajan (Director of August One Partners LLP) has been unanimously elected as the chairman of the Board of Governors of the Advertising Standards Council of India (ASCI).
- Noted lawyer Dr. Lalit Bhasin has been appointed as the national president of Indian American Chambers of Commerce (IACC).
- The former brigadier of the Indian Army & Governor of Arunachal Pradesh Shri B.D. Mishra (Retd.), took additional charge as the Governor of Meghalaya at the Raj Bhavan in
- Shri Sanjeev Kishore, a 1985 batch officer of the Indian Ordnance Factory Service (IOFS), has taken over as the director general ordnance (C&S) at the Directorate of Ordnance (Coordination & Services), Kolkata, West Bengal, upon the superannuation of Shri M K Grag.
- Homegrown wearable and audio watch brand, Fire-Boltt has appointed Indian actress Kiara Advani as its new brand ambassador.
- Google India’s government affairs and public policy head Ms. Archana Gulati, who joined the tech giant just five months back after quitting government service, has resigned from her post.
- A 1999 batch Indian Administrative Service (IAS) officer of Gujarat cadre, Mr. Ajay Bhadoo has been appointed as the Deputy Election Commissioner until July 24, 2024.
CURRENT AFFAIRS: MOUS AND AGREEMENT
- The Paralympic Committee of India (PCI) and the Indian Army have signed a Memorandum of Understanding (MoU) in a bid to provide opportunities for wounded soldiers to participate in Para sports.
- Small Farmers’ Agri-Business Consortium (SFAC) and Bayer CropScience Limited have signed a Memorandum of Understanding (MoU) to form and promote 50 specialized Farmer Producer Organisations (FPOs).
- Agriculture Ministry, NAFED signed MoU to boost the initiative to promote millets towards the celebration of the international year of millets 2023.
CURRENT AFFAIRS: DEFENCE NEWS
- India has signed an Rs. 2,000 crores (US$ 244.78 million) million deal to export arms and ammunition to Armenia, which is currently engaged in a tense stand-off with its neighbor Azerbaijan.
- The Indian Air Force (IAF) retired the No. 51 ‘sword arms’ MiG-21 fighter Squadron based in Srinagar, Jammu & Kashmir (J&K), which had stopped its flying operations on June 30, 2022.
- The first batch of indigenously-developed Light Combat Helicopters (LCH) named ” Prachand” was inducted into the Indian Air Force (IAF) in Jodhpur, Rajasthan.
CURRENT AFFAIRS: SCIENCE & TECHNOLOGY
- Navigation with Indian Constellation (NavIC) is an indigenously developed satellite navigation system of India which is developed by the Indian Space Research Organization (ISRO).
- Scientists in China have successfully created the world’s first cloned arctic wolf (Canis lupus arctos), Maya was born to a beagle on June 10, 2022, in a Beijing lab by the Sinogene Biotechnology Company.
CURRENT AFFAIRS: ACQUISITION AND MERGERS
- The Competition Commission of India (CCI) approves the acquisition of Assets of Essar Group (Target) by ArcelorMittal Nippon Steel India Limited (AMNS – Acquirer)
- The Competition Commission of India (CCI) approves the acquisition of the share capital of 18 subsidiaries of Mytrah Energy (India) Private Limited by JSW Neo Energy Limited under Section 31(1) of the Competition Act, 2002.
- The Competition Commission of India (CCI) approves the acquisition by Adani Power Limited (Acquirer) of the share capital of Diligent Power Private Limited (Diligent Power) and DB Power Limited (DB Power)
- Britannia and Associates (Dubai) Pvt Co Ltd (BADCO), Britannia’s wholly-owned arm acquired Nairobi-based liability firm Kenafric Biscuits Ltd (KBL) by subscribing to 51% of the equity share capital of the company.
- The Competition Commission of India (CCI) approved the amalgamation of Zee Entertainment Enterprises Limited (ZEEL) and Bangla Entertainment Private Limited (BEPL) with Culver Max Entertainment Private Limited (CME) (earlier known as Sony Pictures Network India) with certain modifications.
CURRENT AFFAIRS: RANKING & INDEX
- Vice-President of India, Shri Jagdeep Dhankar, released the Indian Tourism Statistics 2022 report.
- Stock trading platform Zerodha’s cofounder Nikhil Kamath has topped the ‘IIFL Wealth Hurun India 40 & Under Self-Made Rich List 2022’ with a net worth of Rs 17,500 crore.
- India has made remarkable progress in the global innovation index ranking finding a place in the top 40, in the annual report released by the World Intellectual Property Organisation (WIPO).
- The Time Magazine’s Time100 Next list is out, and there is only one Indian to feature on the prestigious list and, it’s Akash Ambani, whom Time calls the “scion of Indian industrialist royalty”.
- For the sixth consecutive time, Indore has been adjudged as India’s cleanest city, followed by Surat and Navi Mumbai in the next two positions in the Central government’s annual cleanliness survey.
- The two largest airports in India — Delhi, and Mumbai — have become the biggest low-cost mega hub in the world, according to a new report by British aviation analytics firm OAG.
- IIM Ahmedabad and IIM Bangalore have retained their slots among the top 50 global business schools in the latest round of the QS World University Rankings: Global MBA and Business Masters.
CURRENT AFFAIRS: BOOKS AND AUTHORS
- On the 93rd birthday of India’s most iconic vocal artist Lata Mangeshkar, Penguin Random House India has announced the acquisition and publication of her biography titled, Lata: A Life in Music.
- Congress leader Shashi Tharoor will come out with a biography of BR Ambedkar next month.
CURRENT AFFAIRS: SPORTS NEWS
- Sunil Chhetri and his career have earned special recognition in the form of a series “Captain Fantastic”.
- Shivpal Singh an Indian javelin thrower has been suspended from competing till October 2025.
- The USA defeated China by 83-61 in the FIBA Women’s Basketball World Cup 2022.
- Yalemzerf Yehualaw of Ethiopia recovered from a fall to win the women’s race at the London Marathon.
- The International Hockey Federation (FIH) has revealed that India’s Mumtaz Khan has been named the FIH Rising Stars of the Year 2021-22 in the women’s category.
- The Pandit Jawaharlal Nehru Stadium in Goa’s Fatorda will have India’s first hybrid pitch that will be used for the upcoming FIFA U-17 Women’s World Cup matches.
- Shooting will return to the Commonwealth Games roster in the 2026 edition in Victoria, Australia, while wrestling has been dropped in a bitter-sweet turn of events for India.
CURRENT AFFAIRS: OBITUARIES
- Four-time Congress Member of Parliament (MP) & first chairperson of the National Commission for Women (NCW) and wife of late Odisha Chief Minister Janaki Ballav Pattnaik Jayanti Patnaik passed away at the age of 90 in Odisha.
- The Founder Chairman and Managing Director (CMD) of Suzlon Energy Limited and renowned expert on renewable energy Tulsi R Tanti Passed away at the age of 64.
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