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27th October, 2023

One Nation One Election, Competition Commission of India, 54th International Film Festival of India, NCERT panel, ‘Swayampurna e-bazaar’ platform, Shenzhou-17, Asian Development Bank, Zerodha Fund House, detailed KYC process, first Vertical Wind Tunnel, Global Media and Information Literacy Week, Sir Bobby Charlton, Sachin Tendulkar, Vice-President of Mirae Asset Financial Group, Prime Minister of Slovakia, Director General Hospital Services (Armed Forces), brand ambassador of Edtech startup Henry Harvin Education, Chairman of 5T (transformational initiatives) and Nabin Odisha, Book titled “The Lords of Wankhede: Tales Between Two Title’, Richard Roundtree

  1. One Nation, One Election website has been launched during High Level Committee’s second meeting.
  2. Competition Commission of India has become a part of the prestigious 18-member steering committee of the International Competition Network (ICN)
  3. 54th International Film Festival of India has announced Indian Panorama lineup to be showcased in the event.
  4. NCERT panel has approved the proposal to replace India with Bharat in textbooks.
  5. Goa Chief Minister Pramod Sawant has launched ‘Swayampurna e-bazaar’ platform.
  6. China has launched Shenzhou-17 manned spacecraft to its space station.
  7. Asian Development Bank has approved USD 400 million loan to support urban reforms and creating high-quality urban infrastructure and efficient governance system in India.
  8. Zerodha Fund House has launched its maiden mutual fund schemes.
  9. Ministry of Electronics and Information Technology has requested RBI to design a more detailed KYC process for greater transparency.
  10. Indian Army has inaugurated its first Vertical Wind Tunnel (VWT) at a training school in Himachal Pradesh.
  11. October 24-31– Global Media and Information Literacy Week; Theme– Media and Information Literacy in Digital Spaces: A Collective Global Agenda
  12. England’s FIFA World Cup winner Sir Bobby Charlton has passed away.
  13. Virat Kohli has surpassed Sachin Tendulkar to become the fastest player to score 26,000 International runs.
  14. Swarup Mohanty has been appointed as the Vice-President of Mirae Asset Financial Group.
  15. Robert Fico has been appointed as the Prime Minister of Slovakia.
  16. Air Marshal Sadhna Saxena Nair has been appointed Director General Hospital Services (Armed Forces).
  17. Chetan Bhagat has been appointed as the brand ambassador of Edtech startup Henry Harvin Education.
  18. Odisha government has appointed VK Pandian as the Chairman of 5T (transformational initiatives) and Nabin Odisha.
  19. Book titled “The Lords of Wankhede: Tales Between Two Title’ has been launched in Bengaluru, Karnataka.
  20. One of the first black action hero Richard Roundtree has passed away
  21. .

Table of Content

National News

  1. One Nation, One Election website has been launched during High Level Committee’s second meeting.
      • High level committee was constituted by the Government under chairmanship of former President of India, Ram Nath Kovind.
      • Objective
        • To examine the issue of holding simultaneous elections in the country and make recommendations.
      • About Website
        • Websiteonoe.gov.in
        • It is a repository of all relevant information on one nation, one election.
        • It will also provide a platform for interaction and receiving suggestions from all stakeholders
          Source: ET
  2. Competition Commission of India has become a part of the prestigious 18-member steering committee of the International Competition Network (ICN)
      • About ICN
        • It provides an informal specialized venue to antitrust authorities for maintaining regular contacts and addressing practical competition concerns
        • It is only global body dedicated exclusively to competition law enforcement
        • Members– 140 national and multinational competition authorities
Knowledge Nuggets -
Competition Commission of India-
• The Competition Commission of India is the chief national competition regulator in India.
• It is responsible for enforcing the Competition Act, 2002 to promote competition and prevent activities that have an appreciable adverse effect on competition in India.
• Established- 2003
• Chairperson- Ravneet Kaur
Source: ET

  1. 54th International Film Festival of India has announced Indian Panorama lineup to be showcased in the event.
      • Event Details:
        • The 54th International Film Festival of India (IFFI) is scheduled to be held in Goa from 20th to 28th November 2023.
      • Film categories
        • The Indian Panorama comprises two categories: 25 feature films and 20 non-feature films.
      • Selection Criteria
        • Films are selected which demonstrate cinematic, thematic, and aesthetic excellence, in adherence to the guidelines set forth by the Indian Panorama.
          Source: PIB
  2. NCERT panel has approved the proposal to replace India with Bharat in textbooks.
      • Other recommendations-
        • Replacing ‘ancient history’ with ‘classical history’.
        • Include Indian Knowledge System (IKS) in syllabus for all subjects.
Knowledge Nuggets -
About NCERT-
• National Council of Educational Research and Training is an autonomous organisation of the Government of India.
• Objective- to assist and advise the Central and State Governments on policies and programmes for qualitative improvement in school education.
• Headquarters- New Delhi
• Established-1961

Source: TOI

State News

  1. Goa Chief Minister Pramod Sawant has launched ‘Swayampurna e-bazaar’ platform.
      • Objective
        • To provide self-help groups and local artisans with global platform to sell their products.
          Source: TOI

International News

  1. China has launched Shenzhou-17 manned spacecraft to its space station.
    Source: CNN

Banking and Economy

  1. Asian Development Bank has approved USD 400 million loan to support urban reforms and creating high-quality urban infrastructure and efficient governance system in India.
      • Objective
        • To support the government’s urban reform agenda for improving the quality of urban life.
        • Creation of high-quality urban infrastructure, assured public services, and efficient governance system.
Knowledge Nuggets -
About Asian Development Bank-
• The Asian Development Bank is a regional development bank.
• Headquarters- Manila, Philippines
• Established- 1966
• President- Masatsugu Asakawa
• Members- 68
Source: TOI

  1. Zerodha Fund House has launched its maiden mutual fund schemes.
      • About schemes-
        • Name of schemes
          • Zerodha Nifty LargeMidcap 250 Index Fund and
          • Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
        • Category
          • Open-ended, passive, index equity mutual fund schemes
Knowledge Nuggets -
About Zerodha Fund House-
• Zerodha Fund House is a joint venture between Zerodha Broking Limited and smallcase Technologies Pvt Ltd.
• It is a passive-only AMC which aims to build simple, transparent, and affordable mutual-fund.
• CEO- Vishal Jain
Nifty LargeMidcap 250 Index
• The 250 stocks of Nifty LargeMidcap 250 Index are the combination of-
o Nifty 100 Index and Nifty Midcap 150 Index.
• LargeMidcap 250 Index aims to reflect the performance of the large and midcap companies listed at NSE with 50% weight allocated to each segment.
Source: Financial Express

  1. Ministry of Electronics and Information Technology has requested RBI to design a more detailed KYC process for greater transparency.
      • Objective
        • To trace the fraudulent loan applications
      • Know Your Digital Finance App (KYFDA)-
        • Companies have to go through KYFDA in same manner as customers have to go through KYC to open bank accounts.
      • Benefits of KYFDA
        • It will ensure that only legitimate and scrutinized financial apps can access and use the Indian Banking System
        • It will help in traceability and origin of the app
          Source: moneycontrol

Defence News

  1. Indian Army has inaugurated its first Vertical Wind Tunnel (VWT) at a training school in Himachal Pradesh.
      • Inaugurated at
        • Special Forces Training School (SFTS) at Bakloh
      • Benefits
        • It will provide a controlled environment for military trainees to-
        • improve their skills in simulating real-life free-fall conditions
        • improve Combat Free Fall (CFF) skills of armed forces personnel by simulating different CFF scenarios
Knowledge Nuggets -
About Vertical Wind Tunnel-
• A vertical wind tunnel is a wind tunnel that moves air up in a vertical column.

Source: ET

Important Days

  1. October 24-31– Global Media and Information Literacy Week; Theme– Media and Information Literacy in Digital Spaces: A Collective Global Agenda
    Source: UNESCO

Sports

  1. England’s FIFA World Cup winner Sir Bobby Charlton has passed away.
      • He was one of the members of the England team which won FIFA World Cup in 1966.
Knowledge Nuggets -
About FIFA World Cup-
• The FIFA World Cup is an international association football competition between the senior men’s and women’s national teams of the members of the Fédération Internationale de Football Association (FIFA), the sport's global governing body.
About FIFA-
• Headquarters- Zurich, Switzerland
• Established- 1904
• President- Gianni Infantino
Source: sportstar

  1. Virat Kohli has surpassed Sachin Tendulkar to become the fastest player to score 26,000 International runs.
      • He achieved this in 567th inning.
        Source: TOI

Appointments

  1. Swarup Mohanty has been appointed as the Vice-President of Mirae Asset Financial Group.
      • He is first non- Korean person to hold the post.

Knowledge Nuggets -
About Mirae Asset Financial Group-
• Mirae Asset provides comprehensive financial services including asset management, wealth management, investment banking, and life insurance.
• Headquarters- Seoul, South Korea
• Established- 1997
Source: livemint

  1. Robert Fico has been appointed as the Prime Minister of Slovakia.
Knowledge Nuggets -
About Slovakia-
• Slovakia, officially the Slovak Republic, is a landlocked country in Central Europe.
• Capital- Bratislava
• Currency- Euro
Source: Reuters

  1. Air Marshal Sadhna Saxena Nair has been appointed Director General Hospital Services (Armed Forces).
      • She became the 1st woman to hold this position.
      • Awards
        • Vishisht Seva Medal by President of India
        • AOC-in-C (WAC)
        • CAS Commendations
          Source: ET
  2. Chetan Bhagat has been appointed as the brand ambassador of Edtech startup Henry Harvin Education.
      • Henry Harvin is an online university with 800+ upskilling and reskilling programs.
      • It works as a career and competency development organization.
        Source: FPJ


  3. The US House of Representatives has elected Republican Mike Johnson as House Speaker.
      • He is a conservative leader.
        Source: Reuters

  4. Odisha government has appointed VK Pandian as the Chairman of 5T (transformational initiatives) and Nabin Odisha.
      • About 5T
        • Meaning:
          • 5T stand for Transparency, Teamwork, Technology, Time, leading to Transformation.
        • Objectives:
          • The initiative focuses on streamlining governance, enhancing efficiency, and promoting accountability within the various departments of the state government
      • About Nabin Odisha
        • What?
          • Nabin Odisha is a rural development program aimed at promoting the overall development of villages in the state.
          • Budget and Allocations:
          • The Nabin Odisha program has an estimated budget of Rs 4,000 crore.
          • Each panchayat is allocated Rs 50 lakh to undertake various development projects that include strengthening internet connectivity, creating science parks, etc.
            Source: Indian Express

Miscellaneous

  1. Book titled “The Lords of Wankhede: Tales Between Two Title’ has been launched in Bengaluru, Karnataka.
      • Authored by– Indian cricketer WV Raman and Senior journalist R Kaushik
      • Published by– Rupa Publication
      • About– The book describes the changes happened
        Source: Rupa_publication

  2. One of the first black action hero Richard Roundtree has passed away.
      • He became famous for his role in movie ‘Shaft
        Source: NYT
CEO of Anujjindal.in

About Anuj Jindal

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Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 5 years of experience in the field of Education.

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