Daily GK Current Affairs viable of 28th October 2021

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Daily GK Current Affairs News viable of 28th October 2021. – Here is the Regular current affairs viable of 28th October 2021 covering the following news headlines: Indo-Pacific Regional Dialogue, DefExpo 2022, Syracuse 4A, Kotak Mahindra Bank, SAMBHAV.

Daily Current Affairs update are incorporated with the important news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc.

So, here is the GK update of 28th October 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Table of Contents

Here current affairs have been categorized which is as follows

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International News
National News
States News
Business News
Important Days

International News

Shavkat Mirziyoyev re-elected as President of Uzbekistan

The current President of Uzbekistan Shavkat Mirziyoyev has won a second five-year term as the President of Uzbekistan. He is a member of UzLiDeP (Uzbekistan Liberal Democratic Party).
Shavkat Mirziyoyev took office in 2016 following the death of Islam Karimov, the first post-independence president of Uzbekistan.

Important takeaways for all competitive exams:

Uzbekistan Capital: Tashkent;
Uzbekistan Currency: Uzbekistani som;
Uzbekistan Prime Minister: Abdulla Aripov.

Indo-Canadian Anita Anand appointed Canada’s defence minister

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Indo-Canadian Anita Anand became the second woman to be appointed Canada’s Minister of National Defense as Prime Minister Justin Trudeau announced her new cabinet.
Governor-General Mary May Simon administered the oath to the ministers at a ceremony at Rideau Hall in Ottawa. She is the first woman since Kim Campbell to serve as Minister of Defense in the 1990s.

Important takeaways for all competitive exams:

Canada Capital: Ottawa; Currency: Canadian dollar.

National News

R K Singh launches the Green Day Ahead Market (GDAM)

The Union Minister of Power & New and Renewable Energy, R K Singh has launched a new market segment, “Green Day Ahead Market (GDAM)”. This makes India as the only large electricity market in the world to implement a GDAM exclusively for renewable energy.
The launch of the green day-ahead market will deepen the green market and will provide competitive price signals, besides offering an opportunity to market participants to trade in green energy, in the most transparent, flexible, competitive, and efficient manner.
The new initiative will open the renewable energy sector to enable anyone to set up the capacity and sell it to distribution companies and industries.
Meanwhile, the electricity generation and distribution companies will be able to buy or sell renewable energy through open access.
The market-based competitive prices will provide another option to renewable generators to sell power as well as accelerate the renewable capacity addition towards the government’s vision of building India as a sustainable and efficient energy economy.

India successfully test-fires surface-to-surface ballistic missile Agni-5

Defense Research and Development Organization (DRDO) successfully test-fired Agni-5 surface-to-surface ballistic missile from APJ Abdul Kalam Island in Odisha on October 27, 2021.
Agni-5 is a nuclear capable intercontinental ballistic missile (ICBM), which uses a three-stage solid-fuel engine.
The missile can hit targets up to 5,000 km with very high accuracy

Microsoft launches AI Innovate initiative to empower startups in India

Microsoft has announced the launch of a new program to support the startup ecosystem in India.
The “Microsoft AI Innovate” is a 10-week initiative that will support startups in India that are leveraging Artificial Intelligence (AI), to scale operations, drive innovation, and build industry expertise.
The new program is open for both B2B and B2C startups, from diverse industries including financial services, healthcare, education, agriculture, space, manufacturing and logistics, retail, and e-commerce.
The program has been launched in collaboration with TiE Mumbai.

States News

Gujarat CM Bhupendra Patel launched ‘Go Green’ Scheme

Gujarat Chief Minister Bhupendra Patel has launched the ‘Go-Green’ scheme & its Portal to provide electric two-wheelers at subsidised rates to construction and industrial workers of the state. The scheme is aimed at reducing fuel bills and also curbing vehicular pollution.
The organised sector workers, such as an industrial labourer, would get a subsidy of 30 per cent on the vehicle’s price or Rs. 30,000, whichever is less, on the purchase of battery-powered two-wheelers. For construction sector workers, 50 per cent subsidy or Rs. 30,000, whichever is less on the purchase of battery-powered two-wheelers.

Important takeaways for all competitive exams:

Gujarat Capital: Gandhinagar;
Gujarat Governor: Acharya Devvrat;
Gujarat Chief minister: Bhupendrabhai Patel.

Business News

CCI approves acquisition of 4.99% stake in HDFC ERGO by HDFC Bank

The Competition Commission of India (CCI) has approved the acquisition of 4.99 percent of the outstanding equity share capital in HDFC ERGO General Insurance Company by private sector lender HDFC Bank.
HDFC Bank will acquire 3.56 crore shares or 4.99% stake for Rs 1,906 crore from the parent company Housing Development Finance Corporation (HDFC). HDFC ERGO General Insurance Company is a joint venture between HDFC and European insurer ERGO International AG.
The proposed combination will enable the lender to participate in the growth opportunity of HDFC ERGO General Insurance and create long-term value for its shareholders, as per a combination notice filed with the regulator.

Important takeaways for all competitive exams:

HDFC Bank Headquarters: Mumbai;
HDFC Bank Founded: August 1994;
HDFC Bank CEO: Sashidhar Jagdishan;
HDFC Bank Tagline: We understand your world.

Important Days

International Animation Day: 28 October

International Animation Day is observed every year on 28 October to celebrate the art of animation and to recognize the artists, scientists and technicians behind animation. This year is the 20th International Animation Day.
The day was created in 2002 by the International Animated Film Association (ASIFA), an international animated film association, a member of UNESCO.

Important takeaways for all competitive exams:

President of ASIFA: Sayoko Kinoshita.
ASIFA Founder: John Halas.
ASIFA Founded: 1960, Annecy, France.

Indian Army Celebrates 75th Infantry Day in 2021

Every year, October 27 is celebrated as Infantry Day by the Indian Army across the country, to honour the supreme sacrifice of the gallant soldiers in fighting the Pakistani invaders, in Jammu and Kashmir, in 1947.
October 27, 2021 marks the 75th Infantry Day on October 27, 2021.
Infantry Day is celebrated as a remembrance of the first military event of independent India, when the First Battalion of the Sikh Regiment of Indian Army fought battle to accomplish victory over the first attack on the Indian soil by the Pakistan Army and Lashkar invader on October 27, 1947, in the Kashmir valley, who tried to grab J&K.

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