Current Affairs Quiz 1st November 2021 : Daily GK Update Quiz

Exp. Madhya Pradesh announced “Mukhyamantri Awasiya Bhu-dhikar Yojana” to provide free residential plots to families

Under Mukhyamantri Awasiya Bhu-dhikar Yojana, Madhya Pradesh state government will provide plots of land to families who do not have land to build their homes.

The construction of houses comes under Pradhan Mantri Awas Yojana. The maximum area of the residential plot will be 60 sq. Family should consist of a married couple and their unmarried children, and families living in a particular village are eligible.

Aim: To ensure that every family has the right to a dignified life with basic necessities.

Exp. India’s 1st manned ocean mission “Samudrayan” launched at Chennai

Union Minister Jitendra Singh has launched India’s First Manned Ocean Mission Samudrayan from the National Institute of Ocean Technology (NIOT) at Chennai, Tamil Nadu.

With this, India joins the elite club of nations such as USA, Russia, Japan, France and China to have such underwater vehicles for carrying out subsea activities.

Matsya 6000, the deep-sea vehicle developed under India’s Deep Sea Mission, will be ready for qualification trials by December 2024.

Exp. India’s Largest Landfill Biogas Plant inaugurated in Hyderabad

Ramky Enviro Engineers Limited (REEL) has inaugurated one of the world’s first and India’s largest landfill gas-to-compressed biogas plant at the Hyderabad Integrated Municipal Solid Waste (HiMSW) site, Telangana.

The end (Biogas) product of the plant will be sold to Bhagyanagar Gas Limited (BGL). The project will focus on the conversation of landfill gas into compressed biogas as an automotive fuel.

Exp. Govt approved interest rate on Employees’ Provident Fund for FY21 at 8.5%

Ministry of Finance has approved the interest rate on employees’ provident fund (EPF) deposits for 2020-21 at 8.5%.

The rate has been kept unchanged as for 2019-20. Now the labour ministry will notify the interest rate for it to come into effect.

EPF is one fixed-income instrument that is completely tax-free under the exempt-exempt-exempt (EEE) regime, along with PPF and the Sukanya Samriddhi Account.

Exp. ADB approved USD 250 million loan for India’s NICDP

The Asian Development Bank (ADB) has approved a USD 250 million (about Rs 1,875 crore) loan to support India’s National Industrial Corridor Development Program (NICDP).

This is the first subprogram of the programmatic USD 500 million loans to develop 11 industrial corridors spanning 17 states.

Aim: To develop world-class industrial nodes that are supported by efficient urban agglomerations and multimodal connectivity

Exp. Federal Bank and Aditya Birla Health Insurance entered into a Bancassurance Partnership

The Federal Bank and Aditya Birla Health Insurance Co. Limited (ABHICL) entered into a Bancassurance Partnership.

As a part of this alliance, Federal Bank will provide to its customers innovative health insurance solutions offered by ABHICL. Customers of Federal Bank will have facilities like Day 1 cover for asthma, high blood pressure, high cholesterol, diabetes, coaching on nutrition etc.

Exp. Yes Bank and BankBazaar launched ‘FinBooster’ Credit Card

Yes Bank and BankBazaar. com together launched a Co-Branded credit card named FinBooster to measure the Creditworthiness of the customers.

FinBooster is built around a credit fitness tracker. FinBooster uses CreditStrong app Subscription (credit fitness report) which helps customers to track creditworthiness that improves the Credit score.

Exp. Microsoft surpassed Apple to become world’s most valuable company by m-cap

Microsoft Corporation has surpassed Apple Inc. to become the world’s most valuable publicly-traded company by market capitalisation.

At market close on October 29, 2021, Apple stood at about $2.46 trillion while Microsoft reached nearly $2.49 trillion. Apple had held the top position for more than a year. Microsoft became the second US public firm to surpass a $2 trillion market value in June.

Exp. Ashok Bhushan appointed as Chairperson of NCLAT; Ramalingam Sudhakar as President of NCLT

The Appointments Committee of the Cabinet (ACC) has appointed former Supreme Court Judge Justice Ashok Bhushan as the new Chairperson of the National Company Law Appellate Tribunal (NCLAT), for a period of four years or until he attains the age of 70 years, whichever is the earliest.

He was the former Chief Justice of Kerala High Court. NCLAT was formed by the government under Section 410 of the Companies Act, 2013.

Apart from this, Justice Ramalingam Sudhakar has been appointed as the new President of the National Company Law Tribunal (NCLT) for five years or till he attains the age of 67 years.

Exp. Ashok Bhushan appointed as Chairperson of NCLAT; Ramalingam Sudhakar as President of NCLT

The Appointments Committee of the Cabinet (ACC) has appointed former Supreme Court Judge Justice Ashok Bhushan as the new Chairperson of the National Company Law Appellate Tribunal (NCLAT), for a period of four years or until he attains the age of 70 years, whichever is the earliest.

He was the former Chief Justice of Kerala High Court. NCLAT was formed by the government under Section 410 of the Companies Act, 2013.

Apart from this, Justice Ramalingam Sudhakar has been appointed as the new President of the National Company Law Tribunal (NCLT) for five years or till he attains the age of 67 years.

Exp. Edelgive Hurun India Philanthropy List 2021: Wipro’s Azim Premji topped

Hurun India and EdelGive have jointly released the Edelgive Hurun India Philanthropy List 2021. The list was topped by Azim Premji, the founder chairman of Wipro, with a donation of Rs 9,713 crore during fiscal 2020-21 which is around Rs 27 crore a day.

HCL’s Shiv Nadar has secured the 2nd rank with a total contribution of Rs 1,263 crore towards upliftment causes.

Exp. Amit Ranjan authored the book “John Lang: Wanderer of Hindoostan, Slanderer of Hindoostanee, Lawyer for the Ranee”

Amit Ranjan authored a book titled “John Lang: Wanderer of Hindoostan, Slanderer of Hindoostanee, Lawyer for the Ranee”.

The book is about John Lang’s life, his exploits and literary works. John Langs was an Australian journalist and lawyer settled in India in the 19th century. He fought many cases against the British and also represented Rani Laxmibai in her legal battle against the annexation of her kingdom of Jhansi by the East India Company (EIC).

Exp. 1 November: World Vegan Day

World Vegan Day is celebrated on November 1 annually by vegans across the globe.

It is observed to motivate people to follow a vegan lifestyle, which is beneficial for animal welfare and the environment. The year 2021 will mark the 77 years of World Vegan Day.

Theme 2021: ‘vegan for the less’.

Exp. Javagal Srinath, Harbhajan Singh listed in MCC awards Honorary Life Membership

In October 2021, the Marylebone Cricket Club (MCC) released the list of 18 Cricketers who were selected for the MCC awards Honorary Life Membership of the Club. The list witnessed the names of 2 former Indian cricketers – Harbhajan Singh and Javagal Srinath.

This year’s list saw the names of 18 players, including 16 Male & 2 Female players (Sarah Taylor & Sara McGlashan).

Exp. Former PM of Afghanistan Ahmad Shah Ahmadzai passed away

Ahmad Shah Ahmadzai, the former Prime Minister (PM) of Afghanistan and a renowned jihadi leader passed away at the age of 77 in Kabul, Afghanistan.

Ahmad Shah Ahmadzai has served as the acting PM of Afghanistan under President Burhanuddin Rabbani during 1995-1996 prior to the 1996 Taliban Takeover.