Daily Current Affairs for MBA Exams: 1st October 2022

By Anjali Chowdhury|Updated : October 1st, 2022

 National & International Appointments

1. Crown Prince Mohammed bin Salman named prime minister of Saudi Arabia

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  • Crown Prince Mohammed bin Salman has been appointed the prime minister of Saudi Arabia by the King Salman bin Abdulaziz.
  • He is already de facto ruler of the Saudi Arabia.
  • Previously, he has served as the deputy prime minister as well as defence minister.
  • He is being replaced as defence minister by his younger brother, Khalid bin Salman, who was deputy defence minister.
  • Saudi Arabia's Capital: Riyadh; Currency: Saudi riyal

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 Schemes

2. Government launched Jaldoot app for groundwater tables

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  • Faggan Singh Kulaste (MoS for Rural Development and Steel) has launched the JALDOOT App and e-brochure.
  • Developed by: Ministry of Rural Development and Panchayati Raj.
  • Use: To capture the water level of selected 2-3 wells in a village.
  • The manual monitoring of water levels in open wells will be measured twice in a year (pre-monsoon and post-monsoon level for the same well).
  • Assigned officers will measure the water levels and upload the geo-tagged photographs.

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 Defense

3. DRDO successful tests of Very Short Range Air Defence System Missiles

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  • DRDO has conducted successful test flights of Very Short Range Air Defence System (VSHORADS) missiles at the Integrated Test Range, Chandipur, Odisha
  • It is a Man Portable Air Defence System that is designed and developed by DRDO’s Research Centre Imarat, Hyderabad in collaboration with other DRDO facilities
  • Use: To neutralize low-altitude aerial threats at short ranges
  • The design of the missile including the launcher has been highly optimized to ensure easy portability

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 Honours & Awards

4. Kumar Sanu, Shailendra Singh, Anand-Milind will get Lata Mangeshkar Award

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  • Kumar Sanu and Shailendra Singh (Playback singers) and Anand-Milind (music-composer duo) will be conferred with the National Lata Mangeshkar Award for different years.
  • The prestigious award will be presented on September 28 (birth anniversary of the late legendary singer) at her birthplace Indore.
  • Shailendra Singh will be given the Lata Mangeshkar Award for 2019.
  • While Anand-Milind will be conferred with the honour for 2020.
  • Kumar Sanu will be given the award for 2021.

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 Banking & Finance

5. ADB provides $14 billion support for food security in Asia Pacific

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  • The Asian Development Bank (ADB) has announced plans to provide at least $14 billion to Asia-Pacific for 2022–2025.
  • Reason: To ease a worsening food crisis and improve long-term food security by strengthening food systems due to climate change.
  • Use of fund: The funding will be channeled through existing and new projects in sectors including farm inputs, food production and distribution, social protection, irrigation, and water resources management.

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 National & International Appointments

6. Govt appoints Rajendra Kumar as Director General of ESIC

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  • IAS officer of TN cadre, 1992-batch, Rajendra Kumar has been appointed the director general of the Employees' State Insurance Corporation (ESIC).
  • He is currently an additional secretary in the Ministry of Electronics and Information Technology.
  • Other appointments:
    • T Natarajan has been appointed as an additional secretary in the Department of Economic Affairs.
    • V Hekali Zhimomi has been appointed as additional secretary in the Department of Health and Family Welfare.

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 Books & Authors

7. English translation of ‘Lata: Sur-Gatha’ to release in January 2023

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  • The English translation of award-winning book “Lata: Sur-Gatha" will be released in January 2023.
  • The book has been translated by noted writer and translator Ira Pande.
  • The announcement has been made by Penguin Random House India (PRHI).
  • This book was originally written in Hindi by writer-poet, Yatindra Mishra.
  • The book has also won the 64th National Film Award and the MAMI Award for Best Writing on Cinema (2016–17).

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 Honours & Awards

8. Asha Parekh will be conferred with 2022 Dadasaheb Phalke award

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  • Veteran actor, Asha Parekh (79) will be awarded the highest recognition in the field of Indian cinema, Dada Saheb Phalke award for 2020.
  • She will receive the award from President Droupadi Murmu at the 68th National Film Awards on September 30.
  • She was conferred the Padma Shri in 1992.
  • She also became the first women to head the Central Board of Film Certification from 1998-2001
  • The Dadasaheb Phalke Award was instituted in 1969 and it was first presented to Devika Rani.

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 National Affairs

9. Hardeep Singh Puri launched special aviation fuel, AVGAS 100 LL

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  • In an event, hosted by IndianOil at Hindon Airforce Station, Minister of Petroleum and Natural Gas & Housing and Urban, Affairs Hardeep Singh Puri has launched AVGAS 100 LL.
  • AVGAS 100 LL: It is a special aviation fuel meant for piston engine aircrafts and unmanned aerial vehicles.
  • With this launch, IndianOil has become the first oil marketing company (OMC) to produce and market, AVGAS 100 LL.
  • Currently India is importing AVGAS 100 LL from European countries.

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 Agreement

10. India and Maldives signed MoU Hanimaadhoo International Airport

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  • Government of Maldives has signed an MoU with the Indian JMC Projects for Maldives Hanimaadhoo International Airport Development Project.
  • The worth of project is about USD $136.6 million.
  • It was confirmed that the project will be financed by India's Exim Bank.
  • The Maldives govt is expected to build a 2.46 kilometer runway in addition to a terminal that can serve 1.3 million passengers annually.
  • The construction work is expected to be fully operational by the year 2024.

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 Sports

11. Eliud Kipchoge breaks own world record in Berlin Marathon

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  • Eliud Kipchoge (Kenya) has shattered his own world record by lowering the mark to 2:01:09 (new record) to win at the Berlin Marathon.
  • His previous best in an official 42.2km race was 2:01:39 set on the same course in 2018.
  • He has long been dubbed the world’s best marathon runner.
  • He was the first athlete to run a marathon distance in under two hours in Vienna in 2019.
  • Tigist Assefa (Ethiopia) has won the women’s race in a course record of 2:15:37.

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