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October - 2021 Current Affairs
1 .
The Reserve Bank of India has retained real GDP growth at how much for FY 2021-22?
A)
9.5%
B)
10.0%
C)
10.5%
D)
11.0%

Correct Answer :   9.5%

The RBI Monetary Policy Committee has retained the real GDP growth projection at 9.5% in 2021-22, which includes 7.9% in Q2, 6.8% in Q3 and 6.1% in Q4 of 2021-22. The real GDP growth for Q1:2022-23 is projected at 17.2%. 

Published On : 10/01/2021 16:58:03
2 .
In 2021, the World Investor Week (WIW) has been organised from October 04 to 10, 2021. Which organisation organises the annual event?
A)
Financial Stability Board (FSB)
B)
Financial Action Task Force (FATF)
C)
International Organization of Securities Commissions (IOSCO)
D)
Organisation for Economic Co-operation and Development (OECD)

Correct Answer :   International Organization of Securities Commissions (IOSCO)

The World Investor Week (WIW) is an initiative promoted by the International Organization of Securities Commissions (IOSCO) to raise awareness about the importance of investor education and protection and highlight the various initiatives of securities regulators in these two critical areas.In 2021, the 5th annual WIW is being observed between October 04 and October 10, 2021.

Published On : 10/01/2021 16:58:03
3 .
Who among the following Indian pharma billionaires saw a fall in their wealth in 2021?
A)
Murali Divi
B)
Dilip Shanghvi
C)
Cyrus Poonawalla
D)
Kiran Mazumdar-Shaw

Correct Answer :   Kiran Mazumdar-Shaw

As per Forbes India Rich List 2021, while most of India's rich gained wealth during 2021, four pharma billionaires saw a fall in their wealth including Biocon's Kiran Mazumdar-Shaw, Reddy Family from Dr. Reddy's Laboratories, Aurobindo Pharma's P.V. Ramprasad Reddy and Lupin's Gupta Family.

Published On : 10/01/2021 16:58:03
4 .
The World Cotton Day is observed annually on which day?
A)
October 6
B)
October 7
C)
October 8
D)
October 9

Correct Answer :   October 7

The WHO-recognised World Cotton Day (WCD) is observed every year on October 7. The day is celebrated to highlight the significance of which ranges from its attributes as a natural fibre to the benefits that people gain from its transformation, production, consumption and commerce. World Cotton Day 2021 emphasizes the issues that the cotton industry faces as cotton is significant for the world’s least developed economies.
 
Cotton as a product is grown across 75 nations in 5 continents and sustains at least 28.67 million growers. It is used in every cloth as it is hypoallergenic, comfortable, durable and breathable. World Cotton Day recognizes those for whom this natural fibre is a major source of livelihood including the women as it provides income and employment to some of the poorest regions.

Published On : 10/01/2021 16:58:03
5 .
How many PM MITRA mega textile parks have been approved by the government to be set up in 5 years?
A)
5
B)
7
C)
10
D)
15

Correct Answer :   7

The Centre has approved the setting up of 7 new mega textile parks, or PM MITRA (पीएम मित्र) parks across the country in an effort to help furthering the growth of textile sector in the economy and position India strongly on the Global textiles map. The total outlay for the project has been set at Rs 4,445 crore for 5 years.

Published On : 10/01/2021 16:58:03
6 .
RBI has recently superseded the Board of Directors of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL) under which Section of RBI Act, 1934?
A)
Section 35-BE (1)
B)
Section 40-AE (1)
C)
Section 42-EE (1)
D)
Section 45-IE (1)

Correct Answer :   Section 45-IE (1)

The Reserve Bank of India has superseded the Board of Directors of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL) under Section 45-IE (1) of the Reserve Bank of India Act, 1934. These both are NBFCs.

Published On : 10/01/2021 16:58:03
7 .
Who is winners of the 2021 Nobel Prize in Chemistry
A)
Jennifer Doudna and Akira Yoshino
B)
Richard Henderson and Ben Feringa
C)
Benjamin List and David MacMillan
D)
William E. Moerner and Paul L. Modrich

Correct Answer :   Benjamin List and David MacMillan

The Nobel Prize in Chemistry 2021 was awarded jointly to Benjamin List (Germany) and David W.C. MacMillan (USA) "for the development of asymmetric organocatalysis."

Published On : 10/01/2021 16:58:03
8 .
Vice President M Venkaiah Naidu has inaugurated the Mahabahu Brahmaputra River Heritage Centre in _________.
A)
Assam
B)
Tripura
C)
West Bengal
D)
Arunachal Pradesh

Correct Answer :   Assam

Vice President M Venkaiah Naidu has inaugurated the Mahabahu Brahmaputra River Heritage Centre in the presence of Governor Jagdish Mukhi and Chief Minister Himanta Biswa Sarma in Guwahati in the state of Assam.

Published On : 10/01/2021 16:58:03
9 .
In the Comprehensive Handicrafts Cluster Development Scheme (CHCDS) handicraft cluster having more than ____ artisans will be selected for the scheme?
A)
10,000
B)
15,000
C)
20,000
D)
25,000

Correct Answer :   10,000

Ministry of Textiles has approved continuation of Comprehensive Handicrafts Cluster Development Scheme (CHCDS) with a total outlay of Rs 160 crore.
 
About CHCDS :

* The scheme will continue up to March 2026.
 
* The mega handicraft clusters having more than 10,000 artisans will be selected for overall development under this scheme.
 
* Infrastructural support, market access, design and technology up-gradation support etc will be provided to handicrafts artisans under this scheme.
 
* Objective of setting up these clusters is to assist the artisans & entrepreneurs to set up world-class units with modern infrastructure, latest technology, and adequate training and human resource development inputs, coupled with market linkages and production diversification.
 
* The focus will be on integration of scattered artisans, building their grass root level enterprises and linking them to SMEs in the handicrafts sector to ensure economies of scale.
 

Published On : 10/01/2021 16:58:03
10 .
Who has been appointed as the new administrator of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL)?
A)
Sanjiv Chadha
B)
Rajneesh Sharma
C)
Ajay K Khurana
D)
Debadatta Chand

Correct Answer :   Rajneesh Sharma

RBI has appointed Shri Rajneesh Sharma as the Administrator of SIFL and SEFL under Section 45-IE (2) of the RBI Act

Published On : 10/01/2021 16:58:03