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WEEKLY UPDATED CURRENT AFFAIRS FOR WEEK 43/(21-27 OCT) (2019) IRDAI imposes penalty of Rs 1.01 crore on Cholamandalam MS GIC The Insurance Regulatory and Development Authority of India has imposed penalties of Rs 1.01 crore on Cholamandalam MS GIC. The insurer was penalised for violations observed during an inspection. The penalty of Rs 1 crore is for violation of Clause 15 of Schedule I of IRDA (Health Insurance) Regulations, 2013 which clearly specifies that no commission shall be payable to any intermediary on the acceptance of a ported policy. India to celebrated silver Jubilee of Pulse Polio Programme on 31 October The month of October 2019 marks 25 years of Pulse Polio Programme in India. The Silver Jubilee of the Pulse Polio Programme is to be celebrated on 31 October 2019. Ministry of Health & Family Welfare is to organize an event at Dr. Ambedkar International Center, Janpath, New Delhi. No govt. jobs in Assam for people with more than two children The State Cabinet of Assam has decided to make government jobs out of bounds for people with more than 2 children. The policy will come into effect from January 1, 2021. The Cabinet also adopted a new land policy that will make the landless indigenous people eligible for 3 bighas (43,200 sq. ft.) of land for farming and half a bigha for constructing a house. The beneficiary will be able to sell the given land only after 15 years of use. AP approves Rs.2,500 crore proposals for infrastructure development The Arunachal Pradesh State government’s Cabinet Committee for Infrastructure (CCI) approved proposals worth Rs.2,500 crore for infrastructure development of the remote north-eastern state. The approval was decided at a CCI meeting chaired by Chief Minister Pema Khandu. The approval will take up capital works pertaining to various departments across the state. 1st India-Bangladesh Stakeholders’ meet in Guwahati The 1st India-Bangladesh Stakeholders’ meet was held in Guwahati. Bangladesh was represented by Commerce Minister Tipu Munshi. India is the second-largest trading partner of Bangladesh. Sourav Ganguly take Charges as new BCCI President One of India’s most decorated captains Sourav Ganguly takes over as the 39th President of the Board of Control for Cricket in India (BCCI). Ganguly is the unanimous nomination for the post of BCCI President along with Union Home Minister Amit Shah’s son Jay Shah as the Secretary. Mahim Verma of Uttarakhand is the new Vice President of BCCI. Bengal Warriors wins 7th season of Vivo Pro Kabaddi League 2019 In the final of 7th season of Vivo Pro Kabaddi League 2019, Bengal Warriors won their first title by defeating Dabang Delhi by 39-34 at the EKA Arena by TransStadia in Ahmedabad, Gujarat. 2024 Olympic Games logo unveiled in Paris The logo for the Paris 2024 Olympic Games unveiled at a ceremony in the French capital. The circular design with Paris 2024 in the art deco style which was in vogue in 1924 when Paris last hosted the Games, also incorporates the lips and outline of Marianne, the personification of the French Republic since the revolution in 1789. TuhinKanta Pandey appointed as secretary of DIPAM The government has appointed TuhinKanta Pandey as secretary of the department of investment and public asset management (DIPAM). He will replace Anil Kumar Khachi. Pankaj Kumar appointed as new CEO of UIDAI The Government of India appointed IAS officer Pankaj Kumar as the new CEO of the Unique Identification Authority of India (UIDAI). He is currently Additional Secretary in the Ministry Of Electronics and IT. Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web :www.vanik.org, E-mail : [email protected] 1 WEEKLY UPDATED CURRENT AFFAIRS FOR WEEK 43/(21-27 OCT) (2019) YES Bank won the DigiDhan Mission Digital Payments Award YES Bank won the DigiDhan Mission Digital Payments Award 2018-19 for the Overall Performance in Digital Payments. Union Minister of Communication, Electronics & IT, and Law & Justice Ravi Shankar Prasad presented the award at the MeitY Startup Summit 2019 held in Delhi. United Nations Day celebrated on 24 October 24th October has been celebrated as United Nations Day since 1948. UN Day marks the anniversary of the entry into force in 1945 of the UN Charter. United Nations will commemorate the 75th anniversary of the United Nations in 2020 with inclusive global conversation on the role of global cooperation in building the future we want. World Polio Day is celebrated on 24 October World Polio Day is celebrated on 24 October. The day aims to raise awareness and resources to support the polio eradication effort. On this day, Rotarians and other partners reach out to leaders and communities to engage them in the effort through various events, fundraisers, and social media campaigns to support a Global Polio Eradication Initiative (GPEI). Vreedhi Financial Services receives an NBFC licence from RBI Vreedhi Financial Services (VFS) has secured a non-banking finance company licence from the Reserve Bank of India. It’s objective is to provide credit and other services to micro-enterprises operating in tier two- three cities and small towns. Union Cabinet approves merger of BSNL and MTNL The Union Cabinet chaired by Prime Minister Narendra Modi has approved the merger of loss- making telecom firms BSNL and MTNL as part of a revival package. The Cabinet has also given in-principle nod to the merger of BSNL and MTNL and till modalities are in place, MTNL will be a subsidiary of BSNL Deepika Padukone, PV Sindhu named as ambassadors for ‘Bharat Ki Laxmi’ initiative Bollywood actress Deepika Padukone and Indian badminton player PV Sindhu were named the ambassadors for Bharat Ki Laxmi. It is an initiative by Prime Minister Shri Narendra Modi. The aim of this initiative is to celebrate the contribution & accomplishments of women of the nation for the public good. The hashtag for the initiative is #BharatKiLaxmi. Braj Raj Sharma appointed as SSC Chairman The Central government has appointed Braj Raj Sharma as the Chairman of the Staff Selection Commission (SSC). He will replace Pankaj Kumar, who has been appointed as CEO of the Unique Identification Authority of India (UIDAI). Praveen Kumar wins gold in Wushu World Championship Praveen Kumar has become the 1st Indian man to win a gold medal at the Wushu World Championships. He defeated Philippines’ Russel Diaz by 2-1 in the men’s sanda event in the 48kg category of the 15th World Wushu Championships held in Shanghai. Indian Army to conduct 2019 “Sindhu Sudarshan” exercise 2019 in Rajasthan deserts The Indian Army (IA) is to conduct exercise codenamed “Sindhu Sudarshan” for the year 2019 in the deserts of Rajasthan from November 29 to December 4, 2019. The aim of this exercise is to evaluate the capability of the defence services in an integrated air- land battle. A new book entitled “Ten Studies in Kashmir: History and Politics” released An Indian historian, educationist and Padma Shri recipient, Kashi Nath Pandit’s new book entitled “Ten Studies in Kashmir: History and Politics”, published by Academic Foundation. Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web :www.vanik.org, E-mail : [email protected] 2 WEEKLY UPDATED CURRENT AFFAIRS FOR WEEK 43/(21-27 OCT) (2019) Nedumangad won the 2019 DeenDayal Upadhyay Panchayat SashaktikaranPuraskar award Kerala’s Nedumangad block panchayat won the prestigious DeenDayal Upadhyay Panchayat SashaktikaranPuraskar for 2019. A total of nine awards were given to Kerala civic bodies, including Kolazhy of Thrissur district, Tirunavaya, and Maranchery of Malappuram, Srikrishnapuram of Palakkad, Sasthankotta of Kollam and Pappinisseri of Kannur. Ayurveda Day is celebrated on 25 October The Ayurveda day is observed on 25 October 2019. Every year, the National Ayurveda Day is celebrated on the occasion of Dhanwantari Jayanti (Dhanteras). The government is to organize the fourth Ayurveda Day at the National Institute of Ayurveda (NIA) in Jaipur, Rajasthan. Centre plans to set up PM KISAN call centre The government is planning to set up a PM Kisan call centre to respond to the queries of the farmers about the PM Kisan minimum income support scheme. The centre will provide a dedicated round-the-clock interactive voice response (IVR) system. Under the PM Kisan scheme, the beneficiaries will get Rs.6,000 a year in three equal installments. Chenani-Nashri Tunnel renamed as Shyama Prasad Mukherjee Tunnel J&K’s Chenani-Nashri Tunnel, a 9 km-long tunnel that reduces the distance between Jammu and Srinagar by 31 km has been renamed as Shyama Prasad Mukherjee Tunnel. The ‘Chenani-Nashri Highway Tunnel’ is not only India’s longest highway tunnel but also Asia’s longest bi-directional highway tunnel. The renaming of the tunnel aims to preserve Mukherjee’s heritage and memory as well as a tribute for his sacrifice for the nation Odisha approved Rs.3,208 crore under ABADHA scheme Odisha cabinet approved projects worth Rs.3,208 crore under Augmentation of Basic Amenities and Development of Heritage and Architecture (ABADHA) scheme. Under the scheme for Odisha’s Puri to develop as World-class Heritage city. The number of pilgrims who are visiting Puri is expected to increase in number. Kais Saied sworn in as Tunisias president Kais Saied was sworn in as Tunisian president on 23 October 2019. He won a landslide victory in the election. ndia ranked 63rd in World Bank’s Ease of Doing Business Ranking World Bank has released Ease of Doing business Rankings which includes 190 countries. As per the rankings, India has jumped 14 places and has been ranked at 63rd among 190 countries.