Today Top Current Affairs 7 October 2022

Today Top Current Affairs 7 October 2022 – Here, you will find Daily Current Affairs events which will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. also, get Latest Current Affairs Quiz and Monthly Current Affairs 2022 PDF to crack your exams.

National

India emerges as largest producer of sugar in world

India emerged as the largest producer and consumer of sugar in the world and has become the second largest exporter. During the sugar season, 5,000 lakh metric tons (LMT) of sugarcane have been produced out of which around 3,574 LMT have been crushed by Sugar Mills to produce about 349 LMT of Sugar in the country. 35 LMT of Sugar was diverted to ethanol production and 359 LMT of sugar was produced in sugar mills.

  • sugarcane production, sugar production, sugar export, came produce, cane dues paid and ethanol production made records with the highest exports of about 109.8 LMT with no financial assistance in 2020-21.
  • India earned foreign currency of about Rs 40,000 crore through sugar exports from India.
  • Sugar mills made sugarcane worth more than Rs 1.18 lakh crores.

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India’s first Green Technology incubation facility opened at NIT Srinagar

a technology company incubator centred on green technology (Green Technology incubation facility) called the “Greenovator Incubation Foundation” will be opened at the National Institute of Technology (NIT) Srinagar in order to support innovative ideas, startup initiatives, and promote self-employment and job creation through incubation.

  • The Department of Science and Technology (DST) will also support a three-year initiative called Inclusive TBI (i-TBI) for educational institutions, idea generators, innovators, and entrepreneurs.
  • Department of Science and Technology will offer the money for establishing the Green Technology incubation facility centre.
  • Startups will hold access to the co-working space including conference spaces, a prototype lab, and other amenities.

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Appointment

Indian-origin Surgeon General Dr Vivek Murthy is US representative on WHO executive board

Indian-origin Dr. Vivek Murthy was nominated by US President Joe Biden as the country’s representative on the Executive Board of the World Health Organisation. Dr. Murthy will serve as the US Representative on WHO Executive Board and will continue his duties as the US Surgeon General.

  • Dr. Vivek Murthy will serve as the 21st Surgeon General of the Country.
  • He is a renowned physician, research scientist, entrepreneur, and author.
  • Apart from this, he also served as the 19th Surgeon General under the Presidency of Barack Obama.
  • He is also the Vice Admiral of the US Public Health Service Commissioned Corps.

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B.D. Mishra assumes additional charge as Governor of Meghalaya

Brigadier (Dr.) B.D. Mishra (Retd. ), the governor of Arunachal Pradesh has taken the charge of the governor of Meghalaya. he has replaced Governor Satya Pal Malik. Justice Harman Singh Thangkhiew, acting chief justice of Meghalaya delivered the oath.

  • B. D. Mishra is a combat veteran who battled for India in three significant conflicts in 1962, 1965, and 1971.
  • On October 3, 2017, he was the official governor of Arunachal Pradesh.

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Banking

RBI Launches DAKSH- Reserve Bank’s Advanced Supervisory Monitoring System

The Reserve Bank Governor Shaktikanta Das launched a new ‘SupTech’ initiative DAKSH – the bank’s Advanced Supervisory Monitoring System to make the supervisory processes more robust. DAKSH- Reserve Bank’s Advanced Supervisory Monitoring System will help in strengthening supervision, which among other initiatives includes the adoption of latest data and analytical tools as well as leveraging technology for implementing more efficient and automated work processes.

  • DAKSH is a web-based end-to-end workflow application through which RBI will monitor compliance requirements in a more focused manner with the objective of further improving the compliance culture in Supervised Entities (SEs) like Banks, NBFCs, etc.

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RBI introduces Internal Ombudsman Mechanism for Credit Information Companies(CICs)

Reserve Bank of India (RBI) has urged Credit Information Companies to designate an internal ombudsman (IO) by April 1, 2023 in order to enhance the effectiveness of its grievance redressal systems. Reserve Bank of India (RBI) is looking for including CICs in the scope of the RBI-Integrated Ombudsman Scheme 2021 in order to broaden its appeal.

  • The Banking Ombudsman Scheme is an expeditious and inexpensive forum for bank customers to the resolution of complaints associating with certain services rendered by banks.
  • RBI launched Banking Ombudsman Scheme under Section 35 A of the Banking Regulation Act, 1949 with effect in 1995.

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Awards

The SASTRA Ramanujan Prize for 2022 to Yunqing Tang

The SASTRA Ramanujan Prize for 2022 will be honoured to Yunqing Tang Assistant Professor at the University of California, Berkeley, USA. the Shanmugha Arts, Science, Technology & Research Academy (SASTRA) instituted this award in 2005. The SASTRA Ramanujan Prize carries a cash prize of $10,000.

  • The award is presented annually to individuals aged 32 and below, who made an outstanding contribution to the field of mathematics.
  • The prize will be honoured at the International Conference on Number Theory during December 20-22, 2022 at SASTRA University.

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Economy

Sevices Sector Growth Falls To 6 Months Low

Growth in India’s services industry eased to a 6-month low in September 2022, due to a cooling in demand amid high inflation. The S&P Global India services Purchasing Managers’ Index dropped to 54.3 in September 2022 from August’s 57.2.

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Sports

Rest of India beat Saurashtra by 8 wickets to win Irani Trophy

The Rest of India’s side won the Irani Cup title and defeated the Ranji Trophy Champion of 2019-2020 Saurashtra by 8 wickets in Rajkot. Rest of India (ROI) chased down the 105-run target, with Abhimanyu Easwaran remaining undefeated on 63 runs while adding 81 runs and Kona Bharat not out at 27.

  • Irani Trophy is also known as Mastercard Irani Trophy and is a test match format cricket tournament in India.
  • Irani Trophy is played every year between the incumbent Ranji Trophy winners and the Rest of the India Cricket Team.

<< Read Full News Here >>

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