20 October 2023 : Latest Current Affairs 20th October
Important Current Affairs 20th October 2023
In this article, we will discuss all the Current Affairs of 20th October including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 20th October 2023 current affairs then read this article till the end.
Current Affairs of 20th October – National News
1. ‘Apna Chandrayaan’, a new website, was launched by Dharmendra Pradhan.
◉ Dharmendra Pradhan, the Union Minister of Education, has introduced a web portal and unique lessons on ISRO’s ambitious Chandrayaan-3 mission for schoolchildren.
◉ For pupils, the website “Apna Chandrayaan” offers puzzles and quizzes that are activity-based support materials.
◉ The minister also made available 10 special modules on Chandrayaan-3, which provide a thorough overview of all of its features, including the scientific, technological, and social ones, as well as the psychological journey and sense of camaraderie among the experts engaged.
◉ One of the most significant accomplishments of the twenty-first century, according to Pradhan, that has most motivated the nation’s youth is the success of Chandrayaan-3.
2. 511 Pramod Mahajan Grameen Kaushalya Vikas Kendras were inaugurated by PM Modi.
◉ Through video conferencing, Prime Minister Narendra Modi has opened 511 Pramod Mahajan Grameen Kaushalya Vikas Kendras in Maharashtra.
◉ In order to give rural youth employment chances, these centers, which are being created throughout the state’s 34 rural districts, will undertake skill development training programs across several sectors.
◉ About 100 children will be trained in at least two vocational courses at each center.
◉ The National Skill Development Council’s appointed industrial partners and organizations are in charge of delivering the training. The creation of these centers will assist the area in making substantial advancements in its development.
3. IBM signs 3 contracts with the IT Ministry for Q-computing, Al, and semiconductors.
◉ IBM, a multinational technology company based in the US, has signed three agreements with the IT Ministry in the fields of semiconductors, AI, and quantum computing.
◉ The three Memoranda of Understanding that were signed dealt with semiconductors, aluminum, and quantum computing.
◉ In accordance with the agreement, IBM would create a semiconductor research facility in the nation and serve as a knowledge partner of the India Semiconductor Mission.
◉ By giving them access to research facilities, the semiconductor research center will also aim to improve the skills of Indian students and professionals.
◉ In addition to these, the semiconductor research center will support the development of new semiconductor technologies such as heterogeneous integration, sophisticated packaging, and logic.
4. Launch of the India Skills 2023 competition by Dharmendra Pradhan
◉ Dharmendra Pradhan, the education minister, officially started the India Skills 2023 competition in New Delhi.
◉ The skill competition is crucial for highlighting the distinctive and diverse talents of the young people in the country. The development of skills over traditional rote learning is the key to India’s educational future.
◉ As part of the New Education Policy, skills will be up and down-scaled to better suit market demands and increase employability.
5. At Time Square, Amul’s “Be More Milk” campaign goes international.
◉ Amul said that the ‘Be More Milk’ campaign had generated significant buzz at New York’s Times Square, the iconic junction that is home to enormous digital screens.
◉ The advertising campaign included the “Be More Milk” tagline on a vibrant, animated billboard that caught people’s eyes and ingeniously lighted up the famous junction.
◉ This location, which is well renowned for being a melting pot of cultures from all over the world, had a significant role in the international debut of this campaign.
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International News
6. India is placed 45th in the world for pensions in 2023, behind the Netherlands.
◉ The Netherlands’ retirement income system has once again taken the top spot according to the 15th annual Mercer CFA Institute Global Pension Index (MCGPI).
◉ The rankings now place Iceland in second place and Denmark in third place.
◉ The Netherlands, Iceland, and Denmark were the next three countries with the highest overall index values (85.0, 83.5, and 81.3 respectively). The index value for Argentina was the lowest (42.3).
◉ According to the 15th annual Mercer CFA Institute Global Pension Index (MCGPI), India’s overall index value increased from 44.5 in 2022 to 45.9 in 2018, placing it 45th out of the 47 retirement income systems examined. This development was primarily driven by improvements in the adequacy and sustainability sub-indices.
Banking
7. Due to their violations of the rules, the RBI fined ICICI Bank and Kotak Mahindra Bank.
◉ For violating some regulatory requirements, the Reserve Bank of India (RBI) fined ICICI Bank $12.19 crore and Kotak Mahindra Bank $3.95 crore.
◉ For breaking the rules pertaining to “Loans and Advances-Statutory and Other Restrictions” and “Frauds classification and reporting by Commercial Banks and Select Fls,” the private sector lender ICICI Bank has been fined.
◉ Kotak Mahindra Bank Limited has been fined for breaking rules pertaining to “Managing Risks and Code of Conduct in Outsourcing of Financial Services by Banks”, “Recovery Agents engaged by Banks”, “Customer Service in Banks”, and “Loans and Advances – Statutory and Other Restrictions”.
Appointments
8. HUDCO names Sanjay Kulshreshtha as its new CMD.
◉ Housing and Urban Development Corporation Ltd.’s (HUDCO) new chairman and managing director is Sanjay Kulshreshtha.
◉ Kulshreshtha currently holds the position of Executive Director at Rural Electrification Corporation Limited (REC Limited), a position he will shortly transition into as the CMD of HUDCO.
◉ For the first time since 2019, HUDCO now has a full-time CMD thanks to this position.
In India, the Ministry of Housing and Urban Affairs formed the government-owned business HUDCO in 1970.
◉ It specializes in offering money for housing and urban infrastructure initiatives all around the nation.
Defence
9. Pakistan’s ‘Ababeel Weapon System’ medium-range test was successful.
◉ To further boost its deterrence, Pakistan has successfully completed the flying test of the “Abbeel Weapon System.”
◉ Aiming to “re-validate various design, technical parameters, and performance evaluation of different sub-systems,” the most recent test of the ballistic missile system.
◉ By operationalizing Full Spectrum Deterrence within the larger framework of Credible Minimum Deterrence, the missile system aims to increase deterrence and strategic stability in the area.
◉ The Ababeel missile, which can transport both conventional and nuclear warheads, has a length of 21.5 meters and a diameter of 1.7 meters.
Important day
10. It’s World Osteoporosis Day on October 20.
◉ Each year on October 20, there is a celebration of World Osteoporosis Day.
◉ This day is set aside to promote and emphasize the value of early osteoporosis diagnosis, treatment, and prevention advice.
◉ Theme 2023: Create Stronger Bones
11. World Statistics Day is on October 20.
◉ The 20th of October is designated as World Statistics Day each year.
◉ The purpose of the day is to raise awareness of the critical contribution that modern, trustworthy, and high-quality statistics provide to the growth of international communities.
◉ World Statistics Day was declared by the UN General Assembly on October 20, 2015.
◉ World Statistics Day was first suggested at the United Nations Statistical Commission’s 41st Session, which took place in February 2010. The first World Statistics Day should be observed on October 20, 2010, according to the commission.
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