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Today Current Affairs for Competitive
    Exams - Current Affairs 2021 Online –
                                08th October 2021
MobiKwik gets SEBI nod to launch IPO of up to
                                                      Maria Ressa and Dmitry Muratov win 2021 Nobel
₹1,900 crore
                                                      Peace Prize
 MobiKwik has received approval from the
                                                       Journalists Maria Ressa, of the Philippines,
  Securities and Exchange Board of India
                                                        and Dmitry Muratov, of Russia, have won the
  (SEBI) to launch an initial public offering (IPO)
                                                        2021 Nobel Peace Prize.
  through which it plans to raise up to ₹1,900
  crores.                                              They have been honoured for their efforts to
                                                        safeguard freedom of expression, which is a
 The IPO includes the issue of new shares
                                                        precondition for democracy and lasting peace.
  worth ₹1,500 crore and an offer for sale
  (OFS) of shares worth up to ₹400 crore.              Maria Ressa is CEO of Philippines based
                                                        news organisation Rappler while Dmitry
 It had filed the Draft Red Herring Prospectus
                                                        Muratov is editor-in-chief of the Russian
  (DRHP) for the IPO with Sebi in July 2021.
                                                        newspaper Novaya Gazeta.
Indian-origin girl wins UK PM’s award for climate
                                                      Mysore Dasara festival inaugurated on 7 October
campaign
                                                      2021
 A six-year-old Indian-origin girl was on 7 Oct
                                                       The world-famous Mysore Dasara festival
  2021 named a winner of British Prime Minister
                                                        was inaugurated by former Karnataka Chief
  Boris Johnson’s Points of Light award.
                                                        Minister and senior BJP leader S M Krishna
 Aleesha Gadhia is a climate activist and mini
                                                        on 7 October 2021 at Chamundi Hills.
  ambassador for UK-based non-profit Cool
                                                       It is believed that Goddess Chamunda had
  Earth and has raised over GBP 3,000 for the
                                                        killed the demon Mahishasur on this day.
  organisation.
                                                       After his death, the city acquired the name of
 She campaigns to raise awareness of
                                                        Mysuru (Mysore).
  deforestation and climate change issues.
                                                       The festivities began with the Vijayanagar
AIIA and Kvarner Health Tourism Cluster sign MoU        kings from the 15th century.
 The Ministry of Ayush on 6 October 2021             RBI to introduce Internal Ombudsman for NBFCs for
  entered into an agreement with Croatia.             grievance redressal
 The MoU was signed between the All India
  Institute of Ayurveda (AIIA) and Croatia’s           The Reserve Bank of India has decided to
  Kvarner Health Tourism Cluster.                       introduce the Internal Ombudsman Scheme
                                                        (IOS).
 AIIA is an autonomous body under the
  Ministry of Ayush.                                   It will be introduced for certain categories of
                                                        non-banking financial companies (NBFCs)
 The two sides will undertake academic
                                                        having higher customer interface to
  activities in the field of Ayurveda in
                                                        strengthen the internal grievance redress
  collaboration with the identified institutions.
                                                        mechanism of NBFCs.

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 IOS will require select NBFCs to appoint an            awareness of the importance of investor
  Internal Ombudsman at the top of their                 education and protection.
  internal grievance redress mechanism.                 The key messages of the IOSCO WIW
                                                         campaign in 2021 will be based on two
World Egg Day: 8 October
                                                         themes: 1) sustainable finance and 2) frauds
 World Egg Day is observed on the second                and scams prevention.
  Friday of October every year.                        Delhi govt imposes fine on L&T for violation of dust
 For 2021, it is being observed on 8 October.         control norms
 This day aims at celebrating this excellent
  superfood and spreading awareness about its           As a part of its anti-dust campaign, the Delhi
  benefits.                                              government has imposed a fine of ₹5 lakhs on
 The day was established in Vienna in 1996.             construction company Larsen & Toubro
 Egg contains 13 different vitamins and                 (L&T).
  minerals required by the body and is a rich           It has been fined for not adhering to dust
  source of quality protein.                             control guidelines during the construction of
                                                         an underpass near Pragati Maidan.
Guwahati airport's operations handed over to            The government has also launched a 'Dust
Adani Group                                              Pollution Control Self-Assessment Portal' to
 The Lokpriya Gopinath Bordoloi International           further bolster the anti-dust campaign.
  Airport in Guwahati was handed over to the           Reserve Bank of India retains GDP growth target at
  Adani Group for operations, management and           9.5% for FY22
  development responsibilities on 8 October
  2021.                                                 The Reserve Bank of India has maintained its
 The concession agreement between the                   GDP growth target for the financial year 2021-
  Airports Authority of India (AAI) and Adani            22 at 9.5%.
  Enterprise Limited was signed on 19 Jan'21 in         This consists of 7.9% in Q2, 6.8% in Q3 and
  New Delhi.                                             6.1% in Q4 of 2021-22.
 In the initial 3years, Adani will be supported        India's gross domestic product (GDP) had
  by the employees of the AAI.                           surged 20.1% in the April-June quarter of
                                                         FY22, according to the data released by the
RBI increases IMPS limit to Rs 5 lakh from Rs 2 lakh     government's statistics office.
earlier
                                                       Maharashtra to set up anti-Drug cells in all districts
 The Reserve Bank of India has increased the
  limit of IMPS (Immediate Payment Service)             Maharashtra Home Minister Dilip Walse Patil
  transaction to Rs 5 lakh from Rs 2 lakh earlier        has directed officials to set up an 'Anti-Drug
  for the convenience of the consumers.                  Cell' in each district.
 Immediate Payment Service is an instant               It will be set up under the chairmanship of the
  payment inter-bank electronic funds transfer           Superintendent of Police to curb the growing
  system in India.                                       menace of narcotics substances.
 The RBI had also made the National                    The authorities will set up committees to take
  Automated Clearing House (NACH) available              joint action with help from the police, industry,
  on all days effective August 1, 2021.                  and the Food and Drug Administration (FDA).
World Investor Week: 4-10 October                      India joins High Ambition Coalition for Nature and
                                                       People
 World Investor Week is being observed from
  4-10 October 2021.                                    India on 7 October 2021 officially joined the
 The International Organization of Securities           High Ambition Coalition for Nature and
  Commissions (IOSCO) oragnizes it to raise              People.

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 It is a group of more than 70 countries              UAE launches plan to achieve net zero emissions by
  encouraging the adoption of the global goal to       2050
  protect 30x30.
 Its members include European, Latin                   The United Arab Emirates (UAE) on 7
  American, Africa and Asian countries.                  October 2021 announced a plan for net-zero
                                                         greenhouse gas emissions by 2050.
 India is the first of the BRICS (Brazil, Russia,
  India, China, South Africa) bloc of major             UAE would also oversee 600 billion dirhams
  emerging economies to join it.                         ($163 billion) in investment in renewable
                                                         energy.
RBI repo rate remains unchanged at 4%, reverse          This makes UAE the first country in the
repo rate at 3.35%                                       Middle East and North Africa region to launch
                                                         a concrete initiative to achieve that climate
 The Monetary Policy Committee of the                   commitment.
  Reserve Bank of India has maintained a
  status quo on interest rates for the eighth          Gurugram NGO wins the prestigious Mahatma
  consecutive time and retained the monetary           Awards for Social Impact
  stance as accommodative.
 Repo rate remains unchanged at 4 percent              Lotus Petal Foundation, a Gurugram based
  while reverse repo rate is maintained at 3.35          NGO, has been conferred with the Mahatma
  percent.                                               Award 2021 for Social Impact.
 Repo rate is the rate at which the RBI lends          The NGO (non-governmental
  short-term money to banks.                             organization) has been recognized for its
                                                         interventions in education, healthcare, and
Centre govt released guidelines for cybersecurity in     nutrition for underprivileged children living
power sector                                             in semi-urban areas of the city.
                                                        The award was presented in a ceremony held
 The central government on 7 Oct 2021                   at India International Centre in New Delhi.
  released the guidelines for cybersecurity in
  the power sector with the aim to create a            Cricketer Rishabh Pant inks NFT pact with Indian
  secure power cyber ecosystem                         firm Rario
 The guidelines have been prepared
  by Central Electricity Authority (CEA).               India cricketer Rishabh Pant has inked a deal
                                                         with cricket non-fungible token (NFT) platform
 It lays down a cyber assurance framework
                                                         Rario.
  and puts in place mechanisms for security
  threat early warning and response to security         The licensed cricket digital collectibles
  threats.                                               platform Rario lets users trade and purchase
                                                         NFTs by cricketers and their international
India, UK to begin two-week joint military exercise      leagues.
'Ajeya Warrior'                                         These are typically crypto-assets or intangible
                                                         digital items like an in-game item, video, or
 India and United Kingdom(UK) on 7                      image.
  October 2021 kickstarted a two-week military
  exercise "Ajeya Warrior" at Chaubatia in             In India, 5 out of 6 multidimensionally poor are
  Uttarakhand.                                         from lower tribes
 The 6th edition of the "Ajeya Warrior" exercise
  is part of an initiative to develop                   Five out of six multidimensionally poor people
  interoperability and sharing of expertise with         in India are from lower tribes or castes,
  friendly foreign nations.                              according to a new analysis on
                                                         global multidimensional poverty released by
 The exercise would culminate on 20 Oct
                                                         the United Nations on 7 October 2021.
  2021.
                                                        The global Multidimensional Poverty Index
                                                         (MPI) is released by the United Nations
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Development Programme (UNDP) and the                   Hindustan Aeronautics Ltd (HAL) on 7
  Oxford Poverty and Human Development                    October 2021 delivered the ''heaviest'' Semi-
  Initiative.                                             Cryogenic propellant tank to the Indian Space
                                                          Research Organisation (ISRO).
Garden Reach Shipbuilders and Engineers Ltd signs
                                                         The semi cryo-liquid oxygen (LOX) tank – the
pact with SPM
                                                          first developmental welded hardware is a part
 Garden Reach Shipbuilders & Engineers Ltd               of the SC120 stage, intended for payload
  (GRSE) has signed a concessional                        enhancement by replacing the L110 stage in
  agreement with Syama Prasad Mookerjee                   the existing Mk-III launch vehicle.
  Port Trust, to use the latter’s facilities for ship
                                                        Anshu Malik becomes first Indian woman to win
  repair.
                                                        silver in WWC
 As per the agreement, GRSE will upgrade,
  operate and manage the infrastructural                 Anshu Malik on 7 October 2021 became the
  facilities at the docks of the SMPK for their           first Indian woman to win a silver medal in the
  effective utilization.                                  World Wrestling Championships(WWC).
 SPM Port Trust was formerly known as                   Anshu lost the final to Olympic medallist
  Kolkata Port Trust.                                     Helen Maroulis 4-1 in Oslo, Norway.
PNB launches '6S Campaign' under Centre’s                Sarita Mor has clinched a bronze medal in the
                                                          WWC.
Customer Outreach Programme
                                                         She has become the sixth Indian woman
 Punjab National Bank (PNB) has launched                 bronze medalist and seventh medalist at the
  the '6S Campaign' under customer outreach               World Championships overall.
  program to extend financial services at a
                                                        Indian passport ranked 90th in Henley Passport
  concessional rate.
                                                        Index
 The '6S Campaign' encapsulates different
  schemes such as – Swabhiman, Samruddhi,                India’s rank has slipped by six places to 90 on
  Sampark and Shikhar, Sankalp, and Swagat.               the Henley Passport Index, which lists the
 The objective is to accelerate credit growth,           world’s most travel-friendly passports.
  improve penetration of social security                 India was at 84th rank in 2020.
  schemes and drive digital banking push.                The rankings are based on the analysis of
Textiles Min inks MoU with Germay's GIZ to boost          data provided by the International Air
                                                          Transport Association (IATA).
cooperation in cotton
                                                         Japan and Singapore stood at the top.
 The textiles ministry on 7 October 2021 has            South Korea and Germany share the second
  signed a memorandum of understanding                    position.
  (MoU) with Germany's Deutsche Gesellschaft
  fur InternationaleZusammenarbeit (GIZ).               England Cricket Board Chairman Ian Watmore steps
 The objective of the MoU is to increase the           down
  value addition from sustainable cotton                 Ian Watmore, the Chairman of England and
  production in India by focusing on sustainable          Wales Cricket Board (ECB), has stepped
  cotton and strengthening downstream                     down from his role with immediate effect.
  processing.                                            Ian Watmore, the first paid chairman of the
 India is the largest cotton producer in the             ECB, had served just 13 months out of his
  world.                                                  five-year term after taking over from a retiring
HAL delivers 'heaviest' Semi-Cryogenic propellant         Colin Graves in 2020.
tank to ISRO                                             Watmore’s deputy, Barry O’Brien, will step up
                                                          as interim chair.

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IIT Madras study finds pharmaceutical               EDF is one of the world’s leading power
contaminants in Cauvery river                        sector companies headquartered in Paris,
                                                     France.
 Researchers at IIT Madras have found a high       Both the firms will explore power project
  level of pharmaceutical contaminants in river      development opportunities around regions of
  Cauvery.                                           mutual interest like Middle-East, Europe,
 These pharmaceutical contaminants included         Africa, etc.
  anti-inflammatories like ibuprofen, anti-         They will also collaborate for knowledge
  hypertensives such as atenolol.                    sharing, R&D, and technical services globally.
 The study was carried out with joint funding
  from Water Technology Initiatives of the         Rajnish Kumar's memoirs 'The Custodian of Trust'
  Department of Science and Technology, and        to release on Oct 18
  the UK Natural Environment Research
  Council.                                          "The Custodian of Trust", memoirs of Rajnish
                                                     Kumar, former chairman of State Bank of
Maharashtra government to launch 'Mission            India (SBI), will be launch on October 18,
Kawach Kundal'                                       2021.
                                                    This was announced by publishing house
 The Maharashtra government will undertake a        Penguin Random House India (PRHI).
  special vaccination drive against Covid-19
                                                    Kumar's through the book shares
  from October 8 to 14, 2021.
                                                     his journey as a banker- from being a
 Under 'Mission Kawach Kundal', 15 lakh             probationary officer in SBI to becoming its
  people will be vaccinated everyday.                chairman in 2017.
 The state's target is to inoculate 9.15 crore     He served as the chairman from Oct 2017-Oct
  people (eligible for taking vaccine in the         2020.
  state).
 The state had achieved the target of             Forbes Releases 40th Annual Forbes 400 Ranking of
  inoculating 15.16 lakh people in a day in the    the Richest American
  past.
                                                    Forbes released its 40th annual Forbes 400
Fitch Ratings cuts India's FY22 GDP growth           list, the definitive ranking of the wealthiest
projection to 8.7%                                   people in America.
                                                    The aggregate wealth of The Forbes 400
 Fitch Ratings has cut India's economic growth      reached a record-breaking $4.5 trillion.
  forecast to 8.7 percent for the current fiscal
                                                    Former Amazon CEO Jeff Bezos retains the
  but raised GDP growth projection for FY23 to
                                                     top spot for the fourth consecutive year, with a
  10%.
                                                     net worth of $201 bn.
 In its APAC Sovereign Credit Overview, Fitch
                                                    Elon Musk of Tesla and SpaceX is at 2nd
  Ratings gave India 'BBB-/Negative' sovereign
                                                     while Facebook's Mark Zuckerberg is at 3rd.
  rating.
 It had, in June 2021, cut the growth forecast    Indian economy to grow at 9.1% in FY22: FICCI
  from 12.8 per cent.                              survey
 The government on June 28,
  2021 announced a fiscal package worth about       Industry body FICCI has marginally revised
  2.75 of GDP.                                       upward its FY22 growth forecast for the Indian
                                                     economy to 9.1% from 9% estimated earlier.
NTPC signs pact with Electricite France S.A.        The median growth forecast for agriculture
                                                     and allied activities has been estimated at
 Electricite de France S.A. (EDF) and NTPC
                                                     3.2% for FY22.
  Ltd, have signed an MoU.
                                                    The Federation of Indian Chambers of
                                                     Commerce and Industry (FICCI) is a non-

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governmental trade association and advocacy     89th Indian Air Force Day: 8 October 2021
  group which was established in 1927.
                                                   The 89th Indian Air Force Day will be
Nobel Prize in Literature 2021 awarded to           celebrated on 8 October 2021.
Abdulrazak Gurnah                                  On this day, the Air Force in India was
                                                    officially raised as the supporting force of the
 The Nobel Prize for Literature 2021 has been
                                                    Royal Air Force of the United Kingdom in
  awarded to the Abdulrazak Gurnah.
                                                    1932.
 Abdulrazak Gurnah is a professor at the
                                                   The first operational squadron came into
  University of Kent.
                                                    being in April 1933.
 His novel “Paradise" was shortlisted for the
                                                   Every year, the day is celebrated at the
  Booker Prize in 1994.
                                                    Hindon Air Force Station, Ghaziabad, Uttar
 He is the author 10 novels including Paradise     Pradesh.
  and Desertion.
 The Nobel prize is awarded by the Swedish
  Academy and is worth 10 million Swedish
  crowns ($1.14 million).

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