In this article, we will discuss all the important current affairs of 7th October 2021 in detail.
1. MUDRA Toolbox, a dementia diagnostic tool developed by the Indian Council of Medical Research, is now available in five Indian languages.
- The Multilingual Dementia Research and Assessment (MUDRA) Toolbox has been provided by the Indian Council of Medical Research (ICMR) in five Indian languages: Hindi, Bengali, Telugu, Kannada, and Malayalam.
- Multiple cognitive tests are included in the toolbox to examine various areas of cognition, including attention and executive function, memory, language, and visuospatial functions.
2. The government plans to build 75 Science, Technology, and Innovation Hubs specifically for SCs and STs: Jitendra Singh is a Union Minister.
- According to Union Minister Jitendra Singh, the government would establish 75 Science, Technology, and Innovation (STI) Hubs across the country.
- These centres will be solely for SCs and STs, and will not only foster scientific potential but also contribute to the socio-economic development of these communities.
3. The Cabinet authorises a Rs 4,400-crore plan to establish seven mega textile parks, as well as a Productivity-Linked Bonus for railway staff.
- The Union Cabinet has approved the establishment of seven Mega Integrated Textile Region and Apparel (PM MITRA) Parks with a five-year budget of Rs 4,445 crore.
- PM MITRA Park will be developed by a Special Purpose Vehicle that will be jointly controlled by the state government and the Indian government in a Public-Private Partnership (PPP) model. The Industrial Park will be developed and maintained by the Master Developer throughout the concession period.
4. Purushottam Rupala, Union Minister for Fisheries, Dairy, Poultry, and Animal Husbandry, has sanctioned fishery projects worth more than Rs 6 crore in Leh.
- The Minister announced Trout fish ponds, hatcheries, farmer training buildings, and two feed mills costing over six crore rupees for Leh, Ladakh, to encourage Trout fish production and reduce reliance on imports, especially during the winter months.
5. In Assam, the Vice President inaugurates the Mahabahu Brahmaputra River Heritage Centre.
- On Guwahati’s Barphukanar Tila, or Barphukan’s Hillock in Guwahati, Assam, Vice-President Venkaiah Naidu opened the Mahabahu Brahmaputra River Heritage Centre.
- The heritage centre was rebuilt and converted from a Scottish-style wooden cottage that had been standing since 1850.
6. YS Jagan Mohan Reddy, the Chief Minister of Andhra Pradesh, has launched the Swechha scheme for teenage female students.
- Y S Jagan Mohan Reddy, the Chief Minister, launched the Swechha programme, which aims to improve the health and hygiene of teenage girls in government schools and institutions by supplying free sanitary napkins.
- The state government would give premium branded sanitary napkins to female students at government educational institutions at no cost as part of the project.
7. Bangladesh celebrates Mahalaya.
- The Mahalaya holiday was observed with zeal and piety throughout Bangladesh.
- Special puja ceremonies were held in temples throughout Bangladesh, including the capital city of Dhaka and other places.
8. The World Health Organization has issued its first anti-malarial vaccine recommendation.
- The World Health Organization (WHO) has approved the first anti-malarial vaccine, marking a watershed moment in medical history.
- The World Health Organization (WHO) has recommended that malaria vaccine be widely used among children in Sub-Saharan Africa and other locations with moderate to high P. falciparum malaria transmission.
Banking & Finance News
9. ESAF Bank has launched a ‘Supreme’ current account for non-resident Indians.
- The ESAF Small Finance Bank has created a current account product called “Supreme” for non-resident Indians.
- This account comes with a number of benefits, including hassle-free banking, a daily ATM cash withdrawal limit of Rs 50,000 in India, a daily POS transaction limit of Rs.80,000 in India, and a daily e-commerce transaction limit of Rs 20,000 in India.
10. The Reserve Bank of India has granted Emirates NBD bank permission to build two new branches in India.
- The Reserve Bank of India has given approval to Emirates NBD, the UAE’s government-owned bank, to operate two more branches in India, according to visiting trade minister Piyush Goyal, who spoke during the 9th meeting of the High Level Joint Task Force on Investments in Dubai.
- Since 2000, Emirates NBD has had a representative office in India, and in 2017, it received approval from the RBI to open its first bank branch in Mumbai.
11. Kotak Mahindra Bank is the first private sector bank to be licenced to collect both direct and indirect taxes.
- Kotak Mahindra Bank is the first private sector bank to be licenced to collect both direct and indirect taxes. Customers of KMBL will be able to pay their direct and indirect taxes directly from their mobile banking, net banking, or branch banking accounts.
- After Finance Minister Nirmala Sitharaman’s statement permitting all banks to participate in government-related activities, the bank becomes the first scheduled private sector bank to gain approval.
12. The Reserve Bank of India awards NARCL a licence under the Sarfaesi Act.
- Under Section 3 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (Sarfaesi) Act, 2002, the Reserve Bank of India (RBI) awarded the National Asset Reconstruction Company Limited (NARCL) a licence.
- Banks established NARCL to aggregate and consolidate stressed assets for resolution, with public sector banks owning 51 percent of the company.
Business & Economy News
13. The World Trade Organization (WTO) has raised its prediction for global trade volume in 2021 to 10.8%.
- The World Trade Organization (WTO) raised its prediction for global merchandise trade volume to 10.8% in 2021, up from 8% in March, with a 4.7 percent growth in 2022.
- According to the WTO, growth will slow as merchandise trade returns to its pre-pandemic long-run trend, and supply-side challenges such as semiconductor scarcity while port backlogs may strain supply chains and impede trade in specific sectors.
14. Bangladesh would grow at a rate of 6.4 percent in FY 2021-22, according to the World Bank.
- Bangladesh’s economy is expected to grow at 6.4 percent in fiscal year 2021-22, according to the World Bank, owing to ongoing recovery in exports and consumption. The GDP growth rate for fiscal year 2020-21 is expected to be 5%.
- Bangladesh’s recovery is projected to progressively accelerate, according to the World Bank’s latest twice-yearly regional report on South Asia, particularly if vaccination supplies increase and the pandemic’s scarring effects are minimised. From a high of 12.9 percent in FY 2020, the poverty rate is predicted to drop to 12.5 percent in FY 2021.
15. Eric Braganza is named President of CEAMA.
- Eric Braganza has been named president of the Consumer Electronics and Appliances Manufacturers Association (CEAMA) for a two-year term.
- He takes up the CEAMA chair from Godrej Appliances Business Head and Executive Vice-President Kamal Nandi.
16. Manu Bhaker, Naamya Kapoor, and Rhythm Sangwan compete in the ISSF Junior World Championship. The Indian women’s trioka of Manu Bhaker, Naamya Kapoor, and Rhythm Sangwan won the gold medal in the ISSF Junior World Championships in the 25m Pistol team event.
- In the final, the Indian women’s team defeated Abbie Russell Leverett, Katelyn Morgan Abeln, and Ada Claudia Korkhin of the United States 16-4.
Awards & Honours News
17. Briton Benjamin List For mirror-image molecules, David MacMillan was awarded the Nobel Prize in Chemistry.
- The Nobel Prize in Chemistry has been awarded to two scientists for their work in creating molecules that are mirror reflections of one another in 2021.
- At a ceremony in Stockholm, German-born Benjamin List and British-born David MacMillan (Born in Bellshill, United Kingdom and Professor at Princeton University, USA) were revealed as the winners. The 10 million Swedish kroner prize pool will be split among the winners (1,135.54 million US Dollars).
18. GI is assigned to a variety of foods: Alibaug White Onion & Wada Kolam Rice, Edayur Chilli, Kuttiattoor Mango, and Chinnor Rice Alibaug White Onion & Wada Kolam Rice Alibaug White Onion & Wada Kolam Rice Alibaug White Onion & Wada
- The famous white onion of Alibag in Maharashtra’s Raigad district has been granted a ‘Geographical Indication,’ giving it a distinct character and expanding commercial opportunities, according to agriculture department authorities.
- A rice type extensively grown in Maharashtra’s Wada district has been designated as a ‘Geographical Indication,’ giving it a distinct identity as well as access to new markets.
Books & Authors News
19. Jerry Rao’s book “Economist Gandhi: The Roots and Relevance of the Mahatma’s Political Economy” was recently launched. Economist Gandhi: The Roots and Relevance of the Mahatma’s Political Economy was written by entrepreneur and writer Jaithirth Rao.
- The book delves into Mahatma Gandhi’s economic theory, revealing why he is regarded as a management expert.
20. World Cotton Day: 07 October
- The WHO-recognised World Cotton Day (WCD) is observed every year on October 07 since 2019 to celebrate the international cotton industry and its contribution to communities and the global economy..
- The day was inaugurated by the World Trade Organization (WTO) in Geneva on October 7, 2019.
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