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Business & Economy
Rs 423 Cr Worth Of Contract with the US: Today GK Affairs
On Friday, October 22nd, the Indian Navy inked a deal with the US government under the Foreign Military Sale (FMS) program for the acquisition of MK 54 torpedoes and expendable chaff and flares. The P-8I aircraft is equipped with these armaments for long-range maritime surveillance, anti-submarine warfare, and anti-surface warfare. The Torpedos would cost 423 crore rupees, according to the government. The P-8I aircraft is noted for its advanced maritime surveillance skills in addition to its anti-submarine warfare capabilities. The Indian Navy has 11 P-8I aircraft in its fleet, all of which are produced by Boeing in the United States.
Sovereign Gold Bonds: Current Affairs 2021
From October 2021 to March 2022, the Centre, in conjunction with the RBI, has decided to issue four tranches of Sovereign Gold Bonds. According to the RBI, the next tranche can be subscribed to between October 25th and October 29th. Scheduled commercial banks, selected post offices, and stock exchanges will sell the bonds. The selling of bonds will be limited to residents, HUFs, Trusts, Universities, and Charitable Institutions. It will be priced in gram increments of gold, with a base unit of 1 gram and a minimum investment of 1 gram of gold. The price of the Bond will be determined using a simple average of the past three working days of the week preceding the subscription period, as announced by the India Bullion and Jewellers Association Limited.
Hypersonic Missile Technology: Today Current Affairs in English
On October 20, 2021, the United States successfully tested Hypersonic missile technology. Hypersonic Missile Technology is a revolutionary military system that Russia and China have previously deployed. The test took place at Wallops, Virginia, at a NASA facility. It’s a big step forward in the development of a common hypersonic missile created by the Navy. The United States conducted a test in which advanced hypersonic technologies, prototype systems, and capabilities were shown in a realistic operational environment. Traditional ballistic missiles, for example, may travel at five times the speed of sound, or Mach 5. In comparison to their ballistic cousins, these missiles are more flexible.
Jaynagar-Kurtha Cross-Border: Daily GK Current affairs
The Indian government has turned over a 34.9-kilometer cross-border train link linking Jayanagar, Bihar, and Kurtha, Nepal, to the Nepalese government. Renu Kumari Yadav, Nepal’s minister of physical infrastructure and transport, and Vinay M. Kwatra, India’s ambassador to Nepal, were present at the handover ceremony on the 22nd of October. The Jaynagar – Kurtha stretch is part of the 68.7-kilometer Jaynagar – Bijalpura – Bardidas rail connection, which was developed with grant funding from the Indian government. The gauge conversion of 34.9 kilometers of narrow gauge from Jaynagar, India, to Kurtha, Nepal, has finally been completed thanks to India’s financial help.
Swarnim Vijay Varsh Conclave: Today Latest Current Affairs
Raksha Mantri Rajnath Singh launched a three-day Swarnim Vijay Varsh Conclave in Bengaluru on October 22nd to celebrate the Indo-Pak war’s Golden Jubilee year. The Raksha Mantri, speaking at the inaugural event, described it as a righteous war waged to free people in then-east Pakistan from repressive and authoritarian leadership that infringed people’s basic human rights in modern-day Bangladesh. The defense minister stated that there were lessons learned during the battle in terms of how defense force interoperability may improve performance. Against this backdrop, the defense minister stressed the significance of the decision to establish an integrated theatre command.
Climate Initiatives: 23 October 2021 Current Affairs
Mr. Yadav, Union Minister for Environment, Forests, and Climate Change met with UK Foreign Minister Elizabeth Truss for a bilateral meeting in New Delhi on the 22nd of October. The 26th Conference of Parties (COP26) to the United Nations Framework Convention on Climate Change (UNFCCC) will take place in Glasgow from the 31st of October to the 12th of November. According to Union Minister for Environment, Forests, and Climate Change Bhupender Yadav, India and the United Kingdom have committed to enhancing climate action and strengthening their green cooperation. At the time, India’s COP Presidency was assured of the United Kingdom’s full support for successful completion.
Global Food Security Index 2021: Latest Current Affairs Today
Corteva Agriscience supported the Global Food Security (GFS) Index 2021, which was designed and constructed by London-based Economist Impact using data from 113 countries. India is now ranked 71st out of 113 nations and its total score of 57.2. On the other hand, India has lately been ranked 101st on the Global Hunger Index (GHI) 2021. The GFS Index is a measure of how well a company’ Every year, the index is released. GFS assesses the fundamental determinants of food security by looking at issues including availability, quality, and safety, as well as affordability, natural resources, and resilience. Ireland, Austria, Finland, the United Kingdom, Switzerland, the Netherlands, Japan, Canada, the United States, and France shared first place. Their GFS total score was between 77.8 and 80 points.