Top Current Affairs 12 October 2021

Top Current Affairs 12 October 2021

Top Current Affairs 12 October 2021: This post contains the current affairs for 12 October 2021 that are important for competitive exams like IBPS PO and Clerk, SBI PO and Clerk, RBI Assistant and Grade B, other Insurance exams. You can also attempt our Current Affairs Quiz after reading our daily current affairs.

GDP Rate


FICCI Projects India’s GDP growth for 2021-22 projected at 9.1%

  • The industry body FICCI has revised upward the growth forecast for the Indian economy in 2021-22 to 9.1%, based on the latest FICCI’s Economic Outlook Survey.
  • Earlier in July 2021, this was estimated at 9%.

FICCI

National


PM Narendra Modi launches Indian Space Association (ISpA)

  • Prime Minister Narendra Modi launched the Indian Space Association (ISpA) on October 11, 2021 via videoconferencing.
  • The ISpA is a private industry body which will act as a premier industry body for space and satellite companies in the country.
  • ISpA will be represented by homegrown and global corporations with advanced capabilities in space and satellite technologies.
  • ISpA will work towards boosting space technology in India, with focus on capacity building and space economic hubs and incubators in India.
  • First Chairman – Jayant Patil, L&T-NxT Senior Executive Vice President for Defence
  • Vice-President – Rahul Vatts, Bharti Airtel’s chief regulatory officer
  • Director-General – Lt Gen. A.K. Bhatt (Retd.)
  • Its founding members include Bharti Airtel, Larsen & Toubro, Nelco (Tata Group), OneWeb, Mapmyindia, Walchandnagar Industries and Ananth Technology Limited.
  • Other core members include Godrej, Hughes India, Azista-BST Aerospace Private Limited, BEL, Centum Electronics and Maxar India.

PM Narendra Modi launches Indian Space Association (ISpA)

Tamil Nadu’s ‘Kanniyakumari Clove’ gets GI Tag along with 2 more products

  • The unique clove spice grown in the hills of Kanyakumari district in Tamil Nadu has been awarded a geographical indication (GI) as ‘Kanyakumari clove’.
  • In India, the total production of cloves is 1,100 metric tons and of this, 1,000 metric tons is produced in Tamil Nadu every year while 750 metric tons of cloves are produced in Kanyakumari district alone.
  • Apart from this, the traditional dye-painted figurative and patterned cloth called Karuppur kalamkari paintings and the wood carvings of Kallakurichi from Tamil Nadu have also received GI tags.

Tamil Nadu's 'Kanniyakumari Clove' gets GI Tag along with 2 more products

Bathukamma, the unique festival of flowers begins in Telangana

  • The famous Bathukamma floral festival celebration has begun in the state of Telangana and some parts of Andhra Pradesh.
  • The celebration of the nine days festival starts on the day of Mahalaya Amavasya (also known Pitru Amavasya) and culminates on Durgashtami which is two days before Dussehra.
  • Goddess Maha Gauri-‘Life Giver’ is worshipped in the form of Bathukamma.
  • To mark the festival, beautiful flower stack is made with different unique seasonal flowers, in seven concentric layers in the shape of temple gopuram.

Bathukamma, the unique festival of flowers begins in Telangana

Reports/Index


UNDP Releases 2021 Multidimensional Poverty Index (MPI) Report

  • The 2021 Multidimensional Poverty Index (MPI) Report was released on 7 October 2021. The report is produced jointly by UNDP and the Oxford Poverty and Human Development Initiative (OPHI). 
  • The report provides an estimates on multidimensional poverty across 109 developing countries (with data from surveys ranging 2009-2019/2020); These include 26 low-income countries, 80 middle-income countries and 3 high-income countries
  • The index measures each person’s deprivations across 10 indicators divided into three equally weighted dimensions.
  • The finding is based across 109 countries and 5.9 billion people. of this, 1.3 billion people are multidimensionally poor (or 21.7%)
  • In India, five out of six multidimensionally poor people were from lower tribes or castes.

Books & Author


Former SBI Chief Rajnish Kumar launches memoir ‘The Custodian of Trust’

  • Former Chairman of the State Bank of India (SBI) Rajnish Kumar has come out with his memoir titled ‘The Custodian of Trust – A Banker’s Memoir’.
  • The book has been published by Peguin Random House India.
  • It gave a rare insight of how the financial system in our country works.
  • The Custodian of Trust presents Kumar’s journey from a modest house in the old city of Meerut to being a probationary officer in SBI in 1980 and growing to the post of Chairman in 2017.

Former SBI Chief Rajnish Kumar launches memoir 'The Custodian of Trust'

Awards


USA economists David Card, Joshua Angrist and Guido Imbens Wins 2021 Nobel Memorial Prize in Economic Sciences

  • The 2021 Nobel Prize in Economic Sciences has been awarded in two parts, the first half has been awarded to  David Card “for his empirical contributions to labour economics”
  • The second half has been awarded jointly to Joshua D. Angrist and Guido W. Imbens “for their methodological contributions to the analysis of causal relationships.”
  • The award is officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021.
  • The laureates in economic sciences are selected by the Royal Swedish Academy of Sciences in Stockholm.
  • It comes with a gold medal and a cash award of 10 million Swedish krona ($1.12 million).

USA economists David Card, Joshua Angrist and Guido Imbens Wins 2021 Nobel Memorial Prize in Economic Sciences

Astronautical Society of India Confers 2021 Aryabhata Award to Dr G Satheesh Reddy

  • Dr G Satheesh Reddy, Secretary DDR&D and Chairman DRDO, has been conferred the prestigious Aryabhata Award for 2021 on October 09, 2021, by Astronautical Society of India (ASI).
  • Dr G Satheesh Reddy has been honoured for his outstanding life-time contribution to the promotion of astronautics in India.
  • The Aryabhata Award is presented annually to individuals with notable lifetime contributions in the field of astronautics and aerospace technology in India by the Astronautical Society of India (ASI) .
  • The award consists of a citation and Rs. 1,00,000 in cash.

Astronautical Society of India Confers 2021 Aryabhata Award to Dr G Satheesh Reddy

Telugu filmmaker B Gopal selected for Satyajit Ray Award

  • Well-known Telugu filmmaker Bejawada Gopal, has been named as the winner of the fourth Satyajit Ray Award for his overall contribution to the Indian cinema.
  • The award is presented by the Satyajit Ray Film Society, Thiruvananthapuram, Kerala.
  • Satyajit Ray Award comprises Rs 10,000 cash prize, a memento and plaque.

Telugu filmmaker B Gopal selected for Satyajit Ray Award

Days

World Arthritis Day: 12 October

  • The World Arthritis Day is observed every year on October 12 to raise awareness about arthritis, an inflammatory condition which causes pain and stiffness in joints which can worsen with age.
  • This day was started by Arthritis and Rheumatism International (ARI) in 1996 in order to spread awareness about arthritis and encourage policymakers to help reduce burden of arthritis.
  • The World Arthritis Day theme 2021 is Don’t Delay, Connect Today: Time2Work..
  • Arthritis means inflammation of the joints which leads to pain and stiffness in the joints.
  • World Arthritis Day: 12 October

 

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