Daily Current Affairs October 20 2022

 

CURRENT AFFAIRS: IMPORTANT DAYS

World Osteoporosis Day: 20th October

• World osteoporosis day 2022 is observed on the 20th of October 2022.
• World Osteoporosis Day 2022 theme set up by the International Osteoporosis Foundation is “Step Up For Bone Health”
• World Osteoporosis Day was launched on October 20, 1996, by the United Kingdom’s National Osteoporosis Society and supported by the European Commission.
• Since 1997, this awareness day has been organized by the International Osteoporosis Foundation(IOF).
• In 1998, two prominent organizations committed to educating the public about osteoporosis, combined to create the International Osteoporosis Foundation
• The Founding of the IOF was a combination of the joint efforts of the European Foundation for Osteoporosis created in 1987 and the International Federation of Societies on Skeletal Diseases (IFSSD), which was started in 1995.

National Solidarity Day: 20th October

• On 20th October, National Solidarity Day 2022 is observed.
• This day serves for the war’s bravery, honoring the War soldier’s family, and honoring the defense armed forces in Military, Navy, and Air soldiers.
• War took place between India and China in 1962.
• It was called the Indo-China War of 1962.
• The war took place for the Kashmir border issue and the war started on 20th October 1962.
• The war took place for one month and it finally ended on 21st November 1962.
• India Finally China occupied some parts of Kashmir which were named COK – China Occupied Kashmir.
• In 1966, India was under Prime Minister Indira Gandhi. A Committee Constituting Prime Minister Indira Gandhi decided to dedicate 20th October as “National Solidarity Day” for war remembrance, to honor the Soldiers who participated in the war and to honor the soldier’s families who sacrificed their lives in the war.

CURRENT AFFAIRS: NATIONAL NEWS

Prime Minister Narendra Modi launched a new scheme – Pradhan Mantri Bharatiya Jan Urvarak Pariyojana:

• Prime Minister Narendra Modi launched a new scheme – Pradhan Mantri Bharatiya Jan Urvarak Pariyojana – One Nation One Fertiliser.
• Under the scheme, companies must market all subsidized fertilizers under a single brand ‘Bharat’.
• Prime Minister Modi launched the single brand Bharat under the scheme during the two-day event PM Kisan Samman Sammelan 2022.
• Union Agriculture Minister Narendra Singh Tomar and Chemicals & Fertilisers Minister Mansukh Mandaviya were also present at the event.
• Farmers will get quality crop nutrients at low cost under the ‘One nation, One fertilizer’.
• Introduction of nano urea to ease farm process; one bottle of nano urea can replace a sackful of urea.
• The scheme is introduced to prevent the criss-cross movement of fertilizers and reduce high freight subsidies.
• All subsidized soil nutrients including urea, di-ammonium phosphate (DAP), Muriate of Potash (MoP), and NPK – will be marketed under the single brand Bharat across the nation.
• PM Modi also inaugurated 600 ‘PM-Kisan Samruddhi Kendras (PM-KSK) at the event.
• The Kendra will behave as one- a stop-shop that would provide multiple services to farmers.
• PM-KSK will not only supply agri-inputs like seeds, fertilizers, and farm implements but also provide testing facilities for soil, seeds, and fertilizers, besides information about government schemes.

Flipkart has launched a metaverse-based shopping platform dubbed Flipverse

• Walmart-owned Flipkart has launched a metaverse-based shopping platform, Dubbed Flipverse, the platform will allow users to discover and shop products interactively.
• At present, the service will be available for 15 brands including apparel brand Puma, cosmetics and personal care brand Nivea, and homegrown electronics brand Noise.
• Flipverse is already live on the Flipkart app for Android smartphone users.
• The pilot experience will be live till October 23.

About Flipkart:

• Flipkart is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company.
• Founded: October 2007, Bangalore
• Founders: Binny Bansal, Sachin Bansal

India has set the aim to achieve 65 % of power generation from non-fossil fuel sources by 2030:

• India is well on its way to achieving the aim of 65% of power generation from non-fossil fuel sources by 2030 and will achieve more than that, Union Minister for Power and New & Renewable Energy RK Singh.
• The minister further informed that India will achieve 90 GW of solar equipment manufacturing capacity by 2030.
• Currently, the country has 20 GW of such capacity and 15-20 GW of the solar manufacturing capacity is under construction.
• Currently, India has 170 GW of renewable energy and another 80 GW is under construction.
• The country aims to achieve 500 GW by the year 2030.
• The government has allocated ₹19,500 crores for the domestic manufacture of solar photovoltaic (PV) modules that could lead to savings of ₹1.37 trillion.
• The PLI will help in achieving a manufacturing capacity of “gigawatt (GW) scale” in high-efficiency solar PV modules.
• It will be disbursed over five years post the commissioning of solar PV manufacturing plants.
• This is the second tranche of the PLI.
• The first tranche of ₹4,500 crores was approved last year and the bids were awarded to Reliance Industries Ltd, Adani Group, and Sri Shirdi Sai Group.

India’s 1st cable-cum-suspension bridge has been approved on the Krishna river:

• India’s 1st cable-cum-suspension bridge across Krishna River approved by Centre.
• The construction of an iconic cable stayed-cum-suspension bridge across the Krishna River has been approved by the central government.
• The bridge will connect Telangana and Andhra Pradesh and pass through the Nallamala forest range.
• The bridge will be built at a total cost of ₹1,082.56 crores, with a construction period of 30 months.
• The bridge will have many unique features, such as the longest glass walkway across the river, gopuram-like pylons, signature lighting, and a large navigational span.
• The bridge over the Krishna River will be the first of its kind in India and the second in the World.
• The 80-km distance between Hyderabad and Tirupati will be reduced by this 3-km bridge.
• The bridge starts in Somasila in Kollapur in the Nagarkurnool district of Telangana and ends at Atmakur in the Kurnool district of Andhra Pradesh.

India’s first sports helmet testing center to come up in Meerut:

• India’s first sports helmet testing center will be established in Meerut in the next four months and will cost around Rs 3 crore.
• The request sent by MSME’s regional technological development center in Meerut has been accepted by the MSME Ministry.
• Regardless of manufacturing sports goods in hubs like Vadodara, Delhi, and Meerut the helmets, mainly worn by cricketers and hockey players were sent abroad for testing.
• With this approval, India will get its first sports helmet testing facility under the “hub and spoke model”.
• The main testing center will be set up in Meerut with an extension facility at Okhla in Delhi.
• The center at Meerut will be ready in four months and the entire project will cost around Rs 3 crore.
• Testing is likely to begin in the first week of February 2023.

Fiji will host the prestigious World Hindi Conference in 2023:

• Fiji will host the prestigious World Hindi Conference for the first time in 2023 to make the country a new launching pad to popularise Hindi as a global language.
• The decision to host the World Hindi Conference in Fiji was jointly taken by the Indian and the Fijian government.
• The three-day conference, which would be held in the Fijian city of Nadi and envisaged to promote Hindi globally, would see the participation of over 1,000 experts in the Indian language, including scholars, writers, and laureates.
• Indian High Commissioner to the South Pacific nation P S Kartigeyan.

About Fiji:

• Capital: Suva
• Currency: Fijian dollar.

CURRENT AFFAIRS: INTERNATIONAL NEWS

NATO begins nuclear exercises amid Russia war tensions

• The North Atlantic Treaty Organization (NATO) began its long-planned annual nuclear exercises in northwestern Europe as tensions simmer over military action in Ukraine.
• 14 of NATO’s 30 member countries were due to take part in the exercises, which the military alliance said would involve around 60 aircraft including fighter jets and surveillance and refueling planes
• The bulk of the war games will be held at least 1,000 kilometers (625 miles) from Russia’s borders.
• S. long-range B-52 bombers will also take part in the maneuvers, dubbed Steadfast Noon, which will run until Oct. 30, 2022.

About NATO :

• Founded: 4 April 1949
• Headquarters: Brussels, Belgium
• Secretary General: Jens Stoltenberg
• Chair of the NATO Military Committee: Lt. Admiral Rob Bauer
• Membership: 30 member states (28 European and 2 North American)

CURRENT AFFAIRS: STATE NEWS

Kati Bihu is being observed across Assam

• The auspicious festival of harvest Kati Bihu or Kongali Bihu is being celebrated across Assam on October 18, 2022.
• It is marked annually on the first day of the Kati month in the Assamese calendar and usually falls during mid-October.

About Kati Bihu :

• It is the fresh start of the harvest season and the relocation of the rice saplings.
• Kati Bihu 2022 is rooted in the rural household’s deep ethos which is related to crops and their yields.
• At this festival, people also light a special lamp in their paddy fields.
• There are two Bihu festivals celebrated in Assam – Bhogali or Magh Bihu is observed on January 13th or 14th, and Rongali, or Bohag Bihu is observed on April 14th or 15th.

About Assam :

• Governor : Jagdish Mukhi
• Chief Minister : Himanta Biswa Sarma
• Capital: Dispur
• Dance : Bihu Dance, Jhumar, Bagurumba, Sattriya Dance
• National Park: Kaziranga National Park, Manas NP, Nameri NP, Raimona National Park
• Wildlife Sanctuaries: Amsang Wildlife Sanctuary, Chakrashila Wildlife Sanctuary, Garampani Wildlife Sanctuary

Wildlife board approves new tiger reserve in Madhya Pradesh

• The Madhya Pradesh (MP) Wildlife Board approved a new reserve for tigers of Panna Tiger Reserve (PTR), called Durgavati Tiger Reserve, one-fourth of which will get submerged due to the linking of the Ken-Betwa rivers.
• The 2,339 square kilometers new tiger reserve, will spread across Narisinghpur, Damoh, and Sagar districts.
• The Board’s meeting, chaired by Madhya Pradesh chief minister Shri Shivraj Singh Chouhan, approved a proposal to notify 1,414 sq km area as core area and 925 sq km as a buffer in the new tiger reserve.

Key Highlights :

• A green corridor linking PTR with Durgavati will be developed for the natural movement of the tiger to the new reserve.
• Now, the proposal will be sent to the National Tiger Conservation Authority (NTCA) for final approval.
• Nauradehi wildlife sanctuary, which has five tigers, is a corridor between Satpura and PTR, while Durgavati Wildlife Sanctuary is a green corridor for Bandhavgarh Tiger Reserve.
• The new reserve will also accommodate excess tigers from Bandhavgarh
• On September 27, 2022, the Uttar Pradesh cabinet approved the notification of the state’s fourth tiger reserve in the Ranipur Wildlife Sanctuary (RWS) in the Chitrakoot district. 

Note : 

• Madhya Pradesh (MP) is also known as the ‘Tiger State’ as it occupies around 19% of India’s Tiger Population and 10% of the world’s tiger population

About PTR :

• PTR is located in the Panna and Chhatarpur districts of Madhya Pradesh in India.
• It was declared in 1994 as the 22 Tiger reserve of India and the 5 in Madhya Pradesh.
• It was designated in 2020 by the United Nations Educational, Scientific, and Cultural Organization (UNESCO).

About NTCA :

• The NTCA is a statutory body under the Ministry of Environment, Forests, and Climate Change.

About MP :

• Governor: Mangubhai C. Patel
• Chief Minister: Shivraj Singh Chouhan
• Capital: Bhopal
• Festival : Lokrang Festival, Grida dance
• National Park : Bandhavgarh National Park, Kanha NP, Panna NP
• Tiger Reserve: Satpura Tiger Reserve

CURRENT AFFAIRS: BANKING & FINANCE

LIC unveils Dhan Varsha life insurance plan

• The Life Insurance Corporation of India (LIC) introduced Dhan Varsha, a non-linked, non-participating, individual, savings, single premium life insurance plan offering a combination of protection and savings.
• This plan provides financial support for the family in case of unfortunate death of the life assured during the policy term.
• It also provides a guaranteed lumpsum amount on the date of maturity for the surviving life assured.
• This is a close-ended plan and would be available for sale till March 31, 2023.

About Dhan Varsha :

• The Plan can be purchased Offline through agents or other intermediaries including Point of Sales Persons- Life Insurance (POSP-LI)/ Common Public Service Centers (CPSC-SPV) subject to certain conditions, as well as Online directly through the website licindia.in.
• Under this plan, the proposer will have the following two options to choose Sum Assured on Death:

1. Option 1: 1.25 times Tabular Premium for the chosen Basic Sum Assured
2. Option 2: 10 times of Tabular Premium for the chosen Basic Sum Assured

About LIC :

• Founded: 1 September 1956
• Headquarters: Mumbai, Maharashtra, India
• Chairperson: Shri. Mangalam Ramasubramanian Kumar
• MDs : B C Patnaik, Smt. Ipe Mini, Siddharth Mohanty, Rajkumar

SBI General Insurance launches insurance buying facility via WhatsApp

• SBI General Insurance has partnered with Gupshup, a leader in conversational engagement to offer a new insurance policy, renew an existing one, intimate claims, and more, through WhatsApp.

Key Highlights :

• Customers across India can buy insurance from SBI General by sending a ‘Hi’ and Gupshup’s chat bot will guide users through a simple and secure buying process, and help them complete the purchase within the WhatsApp chat thread.
• The hassle-free buying experience ensures that end-to-end policy purchase happens on the platform itself, right from exploring product features to accessing their policy documents.

About SBI General Insurance :

• Founded: 2009
• Headquarters: Mumbai, Maharashtra, India
• MD & CEO : Kishore Kumar Poludasu

About Gupshup :

• Headquarters: San Francisco, California

Karnataka Bank launches term deposit scheme ‘KBL Centenary Deposit Scheme’

• To mark the glorious journey towards the Centenary year (2023-24) Karnataka Bank Limited (KBL) has launched a unique term deposit scheme ‘KBL Centenary Deposit Scheme’ with a higher rate of interest.
• The deposit will be for 555 days with an interest rate of 7.20% p.a & for Senior Citizens the rate of interest will be 7.60% p.a. 

About Karnataka Bank :

• Founded: 18 February 1924
• Headquarters: Mangaluru, Karnataka, India
• MD & CEO: Mahabaleshwara M. S
• Tagline: Your Family Bank Across India
• It is an ‘A’ Class Scheduled Commercial Bank.

Mahindra & Mahindra Financial Services partners with IPPB to boost credit access to customers

• Mahindra & Mahindra Financial Services Limited, (MMFSL), part of the Mahindra Group & one of India’s leading Non-Banking Finance Companies, announced a strategic partnership with India Post Payments Bank (IPPB) to further enhance credit access to a larger customer base.

About the Partnership :

• Under this Partnership, IPPB will provide Lead referral services to MMFSL for Passenger Vehicles, 3-Wheeler, Tractor, and Commercial Vehicle Loan categories.
• It provides cash Equated Monthly Income (EMI) deposit facility to existing MMFSL Customers at Post Offices.
• The scheme would first go live in IPPB branches in the states of Maharashtra and Madhya Pradesh. 
• With the launch of Cash Management services, Mahindra Finance customers can visit the Post Office to deposit EMI payments.

About MMFSL :

• Founded: 1991
• Headquarters: Mumbai, Maharashtra, India
• Chairman & Managing Director : Ramesh Iyer
• MMFSL is an Indian rural non-banking financial company.

About IPPB :

• Founded: 1 September 2018
• Headquarters: New Delhi, Delhi, India
• MD & CEO : J. Venkatramu
• IPPB, is a division of India Post which is under the ownership of the Department of Post, a department under the Ministry of Communications of the GoI.

CURRENT AFFAIRS: MOUS AND AGREEMENT

SJVN signed an MoU with APDCL for developing 1000MW floating solar power

• State-run power company SJVN signed a Memorandum of Understanding (MoU) with Assam Power Distribution Company Limited (APDCL) at Guwahati for developing 1000 MW floating solar power projects in Assam by incorporating a joint venture company.
• SJVN will invest ₹6000 crores in the state for developing the project.
• Assam has a floating solar power generation potential of around 3000 MW out of which SJVN would develop 1000 MW Floating Solar Projects across the state and the same shall be spread over 4500 hectares of water area.

About SJVN:

• Satluj Jal Vidyut Nigam, better known as SJVN, is an Indian public sector undertaking involved in hydroelectric power generation and transmission.
• It was incorporated in 1988 as Nathpa Jhakri Power Corporation, a joint venture between the Government of India and the Government of Himachal Pradesh
• Key people: Nand Lal Sharma (Chairman & MD).

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Mr. Roger Binny elected as the 36th BCCI President replaces Sourav Ganguly

• Former cricketer Mr. Roger Binny has been elected as the 36th President of the Board of Control for Cricket in India (BCCI) at the 91st BCCI Annual General Meeting of India’s top cricket body in Mumbai, Maharashtra.
• He replaces Sourav Ganguly, who held the post since 2019.

New Office Bearers of the BCCI:

• President: Mr. Roger Binny
• Vice President: Mr. Rajeev Shukla
• Secretary: Mr. Jay Shah (second term)
• Joint Secretary: Mr. Devajit Saikia
• Treasurer: Mr. Ashish Shelar

Note :

• Binny was the only candidate to have filed a nomination for the top post.
• He is the first world cup champion to be appointed as the BCCI President.
• Binny is the third Test cricketer to head the BCCI after Maharaja of Vizianagaram and Sourav Ganguly, whose term ended at the BCCI AGM.

About Mr. Roger Binny :

• Binny was the first Anglo-Indian of Scottish origin to play cricket for India.
• He represented India in 27 Test matches and 72 One Day Internationals (ODIs). 
• He was one of the architects of India’s 1983 World Cup triumph and president of the Karnataka State Cricket Association. 
• He served as a member of the BCCI selection committee.
• The BCCI general body also approved the launch of the Women’s Indian Premier League, which is set to begin in 2023.

About BCCI :

• Founded: 1928
• Headquarters: Mumbai, Maharashtra
• CEO: Hemang Amin

Justice D.Y. Chandrachud appointed as 50th Chief Justice of India

• The President of India Droupadi Murmu has appointed Justice Dhananjaya Yeshwant Chandrachud as the 50th Chief Justice of India (CJI) with effect from November 9, 2022.
• He will take oath after current CJI Uday Umesh Lalit retires on 8 November 2022.
• He will have a term of over 2 years as the 50th Chief Justice of India till 10 November 2024
• The CJI and the Judges of the Supreme Court (SC) are appointed by the President under clause (2) of Article 124 of the Constitution.

About Justice D.Y. Chandrachud :

• Dhananjaya Yashwant Chandrachud is a judge on the Supreme Court of India.
• Presently, Justice Chandrachud is the senior Supreme Court judge after Justice Lalit.
• His father Justice YV Chandrachud was the 16th and the longest serving CJI of India, from February 22, 1978, till July 11, 1985.
• This is also the first time a father and son will hold the CJI position.
• He served as a Judge of the Bombay High Court from March 2000 to October 2013.
• He served as the Chief Justice of Allahabad High Court from October 31, 2013.
• In 2016, he was appointed as a Judge to the Supreme Court of India.

About CJI :

• CJI is the Chief Judge of the Supreme Court of India as well as the highest-ranking officer of the Indian Judiciary.
• The CJI should be a citizen of India.

Qualifications of CJI :

• Have been for at least 5 years a Judge of a High Court or two or more such Courts in succession or
• Have been for at least 10 years an advocate of a High Court or two or more such Courts in succession, or
• CJI is, in the opinion of the President, a distinguished jurist.

Swedish parliament elects Mr. Ulf Kristersson as New Prime Minister 

• The Swedish parliament elected Mr. Ulf Kristersson, the conservative Moderate Party leader, as the new Prime Minister (PM) of Sweden.
• A total of 176 members of the Riksdag voted in favor of Kristersson, while 173 members voted against him.
• Kristersson will be replacing Magdalena Andersson, who was the first female PM of Sweden.

About Mr. Ulf Kristersson :

• Mr Ulf Hjalmar Ed Kristersson born on 29 December 1963 in Lund, Sweden.
• He is a Swedish politician serving as Prime Minister of Sweden and leader of the Moderate Party.
• He served as Chairman of the Moderate Youth League from 1988 to 1992.
• He served as Minister for Social Security from 2010 to 2014.
• Kristersson will be leading a three-party coalition government with the Moderates, the Christian Democrats, and the Liberals.

About Sweden :

• Capital: Stockholm
• Currency: Swedish krona

Adani Group appoints Ericsson veteran Mr Arun Bansal as CEO Adani Airport Holdings Ltd

• The Adani Group has appointed Arun Bansal as chief executive officer (CEO) of Adani Airport Holdings Ltd, an arm of Adani Enterprises Ltd.
• He replaces Malay Mahadevia, who currently serves as a whole-time director at Adani Ports and Special Economic Zone Ltd and was holding the charge of chief executive officer of Adani Airport Holdings Ltd until now.
• The appointment will help strengthen digital transformation and the business growth agenda.
• Bansal will join the Adani Group from Ericsson where he served as senior vice president and head of the market area in Europe and Latin America.
• K. Jain will serve as chief executive officer of airports (aero) operations, while Harshad Jain will continue to serve as executive officer (non-aero).

About Adani Airport Holdings :

• Founded: 2019
• Headquarters: Ahmedabad, Gujarat
• In 2019, Adani Airports won the mandate to modernize and operate six airports such as Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram.
• Adani’s airports account for 25% of airport footfalls and 40% of air cargo in India

JPMorgan appoints Mr. Navin Wadhwani as head of India’s investment banking chief

• JPMorgan Chase & Co named Navin Wadhwani, a former Reliance Industries executive, as the head of its Indian investment banking division, as part of a spate of management changes for the Asia-Pacific region.
• Wadhwani served as head of M&A for oil-to-retail conglomerate Reliance for the past 10 years.
• He also worked as a senior managing director at Rothschild India.
• JPM also appointed Kaustubh Kulkarni as senior country officer for India from Nov. 1, 2022.
• Kulkarni succeeds Mr. Madhav Kalyan, who will now head the U.S. banking giant’s Asia Pacific Payments.
• Vineet Mishra will become the sole head of Investment Banking for Southeast Asia.
• Meanwhile, JPM’s head of corporate banking in India, PD Singh has been named interim CEO of JP Morgan Chase Bank India from 1, 2022.

About JPMorgan Chase & Co :

• Founded: December 1, 2000
• Headquarters: New York City, New York, United States
• Chairman & CEO: Jamie Dimon
• JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company

Former Infosys president Mr. Ravi Kumar joins as president of Cognizant Americas

• Former Infosys President Mr. Ravi Kumar S, who resigned from Infosys will join Cognizant Technology Solutions Corporation as President of Cognizant Americas.
• He will be reporting directly to Brian Humphries, chief executive officer (CEO) of
• Kumar was the third highest-paid executive after CEO Salil Parekh and chief operating officer UB Pravin Rao.
• Kumar succeeds Mr. Dharmendra Kumar (DK) Sinha who retired from Cognizant in 2021.
• Currently, Mr. Sinha is the president of the public cloud business unit in Rackspace Technology.
• Surya Gummadi will continue to hold the post of interim president for Cognizant Americas till Mr. Kumar joins, after which he will move to lead Cognizant’s $5-billion health sciences business.

Roles & Responsibilities :

• Ravi will be responsible for the strategic direction and operational performance of our business in the US, Latin America, and Canada, including our industry teams, the Americas Consulting organization, and the global Large Deals team.

Other Appointments :

• Cognizant also announced the appointment of Prasad Sankaran as the new head of the Software & Platform Engineering practice area, effective November 1, 2022.
• He joins Cognizant from Bain & Company, where he was a senior vice president and leader in the firm’s Enterprise Technology global practice.

About Mr. Ravi Kumar S :

• Ravi Kumar S is based in New York City.
• He has over 20 years of experience in the consulting, process, and technology transformation space.
• He will also serve as a close partner to Cognizant’s CEO.
• He served as the President of Infosys from 2016 to 2022.

About Cognizant :

• Founded: 26 January 1994
• Headquarters: Teaneck, New Jersey, United States
• CEO: Brian Humphires
• Cognizant is an American multinational information technology services and consulting company.
• Cognizant Americas accounts for over 70% of its total annual revenues.

GSK India appoints Mr. Bhushan Akshikar as the new Managing Director

• Drug firm GlaxoSmithKline Pharmaceuticals Limited has appointed Bhushan Akshikar as Managing Director for its India business for four years effective December 1, 2022.
• He succeeds Sridhar Venkatesh.

About Mr. Bhushan Akshikar :

• Bhushan Akshikar is a seasoned business leader with a successful track record of over 26 years across local and area roles within the pharmaceutical industry.
• He joined GSK India in September 2011 to lead the specialty and commercial excellence business units.
• In 2014, he was appointed head of the mass markets business.
• He was elevated as the managing director (MD) of the publicly-listed entity of GSK in Nigeria, Africa in end-2016.

CURRENT AFFAIRS: BOOKS AND AUTHOR

Bob Dylon authored a new book titled “Philosophy of Modern Song”:

• A new book titled “The Philosophy of Modern Song,” written by Nobel winner Bob Dylan and published by Simon & Schuster will be released in November 2022.
• Bob Dylan’s artistic journey and successes are documented in The Philosophy of Modern Song.
• Bob Dylan’s first book of new work since 2004, when he released ‘Chronicles, Volume One,’ and since receiving the Nobel Prize in Literature in 2016.
• Bob Dylan recorded a total of thirty-nine studio albums.
• He received the Nobel Prize in Literature, as well as the French Legion of Honor, the Pulitzer Prize, and the Presidential Medal of Freedom.
• Bob Dylan’s most well-known books are “The Lyrics 1961­2012,” “Tarantula (1971),” “Younger Than That Now,” and others.

Daily CA on October 20:

• World osteoporosis day 2022 is observed on the 20th of October 2022.
• On 20th October, National Solidarity Day 2022 is observed.
• Prime Minister Narendra Modi launched a new scheme – Pradhan Mantri Bharatiya Jan Urvarak Pariyojana – One Nation One Fertiliser.
• Walmart-owned Flipkart has launched a metaverse-based shopping platform, Dubbed Flipverse, the platform will allow users to discover and shop products interactively.
• India is well on its way to achieving the aim of 65% of power generation from non-fossil fuel sources by 2030 and will achieve more than that, Union Minister for Power and New & Renewable Energy RK Singh.
• India’s 1st cable-cum-suspension bridge across Krishna River approved by Centre.
• India’s first sports helmet testing center will be established in Meerut in the next four months and will cost around Rs 3 crore.
• Fiji will host the prestigious World Hindi Conference for the first time in 2023 to make the country a new launching pad to popularise Hindi as a global language.
• State-run power company SJVN signed a Memorandum of Understanding (MoU) with Assam Power Distribution Company Limited (APDCL) at Guwahati for developing 1000 MW floating solar power projects in Assam by incorporating a joint venture company.
• A new book titled “The Philosophy of Modern Song,” written by Nobel winner Bob Dylan and published by Simon & Schuster will be released in November 2022.
• The North Atlantic Treaty Organization (NATO) began its long-planned annual nuclear exercises in northwestern Europe as tensions simmer over military action in Ukraine
• The auspicious festival of harvest Kati Bihu or Kongali Bihu is being celebrated across Assam on October 18, 2022.
• The Madhya Pradesh (MP) Wildlife Board approved a new reserve for tigers of Panna Tiger Reserve (PTR), called Durgavati Tiger Reserve, one-fourth of which will get submerged due to the linking of the Ken-Betwa rivers.
• The Life Insurance Corporation of India (LIC) introduced Dhan Varsha, a non-linked, non-participating, individual, savings, single premium life insurance plan offering a combination of protection and savings.
• .SBI General Insurance has partnered with Gupshup, a leader in conversational engagement to offer a new insurance policy, renew an existing one, intimate claims, and more, through WhatsApp.
• To mark the glorious journey towards the Centenary year (2023-24) Karnataka Bank Limited (KBL) has launched a unique term deposit scheme ‘KBL Centenary Deposit Scheme’ with a higher rate of interest.
• Mahindra & Mahindra Financial Services Limited, (MMFSL), part of the Mahindra Group & one of India’s leading Non-Banking Finance Companies, announced a strategic partnership with India Post Payments Bank (IPPB) to further enhance credit access to a larger customer base.
• Former cricketer Mr. Roger Binny has been elected as the 36th President of the Board of Control for Cricket in India (BCCI) at the 91st BCCI Annual General Meeting of India’s top cricket body in Mumbai, Maharashtra.
• The President of India Droupadi Murmu has appointed Justice Dhananjaya Yeshwant Chandrachud as the 50th Chief Justice of India (CJI) with effect from November 9, 2022.
• The Swedish parliament elected Mr. Ulf Kristersson, the conservative Moderate Party leader, as the new Prime Minister (PM) of Sweden.
• The Adani Group has appointed Arun Bansal as chief executive officer (CEO) of Adani Airport Holdings Ltd, an arm of Adani Enterprises Ltd.
• Former Infosys President Mr. Ravi Kumar S, who resigned from Infosys will join Cognizant Technology Solutions Corporation as President of Cognizant Americas.
• Drug firm GlaxoSmithKline Pharmaceuticals Limited has appointed Bhushan Akshikar as Managing Director for its India business for four years effective December 1, 2022.