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Daily Current Affairs: 13/10/2021

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1. Where has India's first indigenously manufactured coal to methanol plant been set up recently?
- Hyderabad
  • The first such technology has been developed in India to convert high ash Indian coal into methanol.
  • This technology will assist India in adopting a clean technology system and will also encourage the use of methanol as a transportation fuel.
  • Minister of Coal and Mines: Shri Prahlad Joshi

2. On which day "International Day for Disaster Reduction" was observed recently?
- October 13
  • The theme of "International Day for Disaster Reduction" 2021: "International cooperation for developing countries to reduce their disaster risk and disaster loss"

3. Which service has been launched to simplify the bill payment system with the joint effort of PhonePe and NPCI Bharat BillPay Ltd?
- ClickPay
  • PhonePe
  • Established: 2015
  • HQ: Bengaluru
  • :
  • NPCI (National Payments Corporation of India)
  • It is a joint platform of the Reserve Bank of India and the Indian Banks Association
  • Established: 2008
  • HQ: Mumbai
  • MD & CEO: Dilip Asbe

4. Which bank has recently announced to launch micro ATMs across India?
- Kotak Mahindra Bank
  • Kotak Mahindra Bank
  • Established: 2003
  • HQ: Mumbai
  • MD & CEO: Uday Kotak
  • Tagline: Let's make money simple

5. Recently which scheduled private sector bank has been approved by RBI to collect direct, indirect taxes?
- IndusInd Bank
  • IndusInd Bank
  • Established: April 1994
  • HQ: Pune
  • MD & CEO: Sumant Kathpalia
  • :
  • CBDT: Central Board of Direct Taxes
  • Formation: 1944
  • HQ: New Delhi
  • Chairman: Jagannath Bidyadhar Mohapatra
  • :
  • CBIC: Central Board of Indirect Taxes and Customs
  • Established: 01 January 1964
  • HQ: New Delhi
  • Chairman: Pranab Kumar Das

6. Where is the second phase of this year's Malabar naval exercise being organized?
- Bay of Bengal
  • The Malabar Naval Exercise by naval personnel from India, the US, Japan, and Australia is being conducted in the Bay of Bengal from October 12 to 15.

7. Who has topped the women's ICC T20 batsmen's ranking recently released by the International Cricket Council (ICC)?
- Beth Mooney
  1. Australia women's cricket team Beth Mooney has moved up to the first position in the ICC T20 Batsmen's Rankings.
  2. In the ICC T20 Batsmen's Rankings, Shefali Verma is second and Smriti Mandhana is in third place from India.
  • ICC-International Cricket Council
  • HQ: Dubai, United Arab Emirates
  • Established: 15June1909
  • Chairman: Greg Barclay
  • CEO:…?...

8. Recently which public sector company has been given the status of Maharatna by the Central Government?
- Power Finance Corporation (PFC)

What are Maharatna companies?

  • Maharatna's status gives more autonomy and authority to a company as compared to other categories.

With Power Finance Corporation (PFC), there are now a total of 11 Maharatna companies in India:-

  • Bharat Heavy Electricals Limited
  • Bharat Petroleum Corporation Limited
  • Coal India Limited
  • GAIL India Limited
  • Hindustan Petroleum Corporation Limited
  • Indian Oil Corporation Limited
  • National Thermal Power Corporation Limited
  • Oil and Natural Gas Corporation Limited
  • Steel Authority Of India Limited
  • Power Grid Corporation of India Limited
  • Power Finance Corporation (PFC)

Required Criteria for Maharatna Status:-

  • Companies should get Navratna status.
  • The company should be listed on the Indian Stock Exchange under the regulators of the Securities and Exchange Board of India (SEBI) with a minimum prescribed public shareholding.
  • The average annual turnover during the last three years should be more than Rs 25,000 crore.
  • The average annual net worth in the last three years should be more than Rs 15,000 crore.
  • The average annual net profit for the last three years should be more than Rs 5,000 crore.
  • Companies should have a significant presence in the international market in the area of ​​business.

Benefits of Maharatna Status:

  • The granting of Maharatna status will increase the autonomy and operational power of these companies, as well as give them the freedom to make all decisions related to financial matters.
  • Companies with Maharatna status can invest through equity in financial joint ventures and wholly-owned subsidiaries.
  • Maharatna companies can merge and acquire with domestic and foreign companies up to 15% of their total assets and with an absolute limit of Rs 5000 crore.
  • The boards of Maharatna companies can prepare plans relating to personnel and human resource management and training.

9. Recently who has been appointed as the advisor to Prime Minister Shri Narendra Modi?
- Amit Khare
  • Amit Khare, Secretary, Ministry of Information and Broadcasting and Higher Education has been appointed as an advisor to the Prime Minister, Shri Narendra Modi.

10. Recently which international organization in the energy sector has invited India to become a full-time member?
- International Energy Agency (IEA)
  • If India accepts this membership, India will need to increase its reserve oil by 90 days.
  • IEA: International Energy Agency
  • Established: November 1974
  • HQ: Paris, France

11. Recently which state government has banned government employees from participating in politics, elections?
- Haryana
  • Haryana
  • Capital: Chandigarh
  • CM: Manohar Lal Khattar
  • Governor: Bandaru Dattatreya

12. Recently Reserve Bank of India (RBI) has given a banking license to which finance bank?
- Unity Small Finance Bank
  • RBI HQ: Mumbai
  • Established: 1 April 1935
  • Nationalization: 01 January 1949
  • Governor: Shaktikanta Das(25th)
  • Deputy Governor: 1. Mahesh Kumar Jain 2. Michael Devvrat Patra 3. M Rajeshwar Rao 4. T Rabi Sankar

13. Which airline has recently been approved by the Ministry of Civil Aviation to operate commercial flights across India?
- Akasa Air
  • Akasa Air has been approved by the Ministry of Civil Aviation to operate commercial flights across India by 2022.
  • 'Akasa Air' will be operated by Rakesh Jhunjhunwala and Warren Buffett of India.
  • Union Minister of Civil Aviation: Jyotiraditya Scindia

14. Which non-banking finance company has recently launched an instant business loan facility on WhatsApp for the first time in India?
- IIFL
  1. IIFL: India Infoline Ltd.
  2. India Infoline Ltd. (IIFL) has become the first non-banking financial company in India to offer an instant commercialization facility up to Rs 10 lakh through WhatsApp.
  3. To avail of this facility, one has to contact on the WhatsApp messaging app on 9019702184.
  • IIFL: India Infoline Ltd.
  • Established: 1995
  • HQ: Mumbai
  • MD: Venkataraman Rajamani





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