Current Affairs for IBPS PO Mains | 31st October 2019 Current Affairs Questions and Answers - Smartkeeda

Directions: Study the following questions carefully and answer the questions given below.
1
Which of the following industries has recently become the world’s sixth largest energy entity with high m-cap?
» Explain it
C
Hints to Remember

Who: Reliance Industries Limited
What: has become the world’s sixth largest energy entity with high m-cap
When: published on 30th October 2019

Reliance Industries Ltd (RIL) has surpassed its strategic partner British oil major BP Plc in terms of market capitalization. The rise in market value of the Indian company was, however, driven by its retail and telecom businesses.

RIL hit a market cap of $132.24 billion on Wednesday compared with BP’s $130.51 billion. At closing, shares of RIL traded at ₹1,478.70 on BSE, up 0.8% from its previous close. So far this year, it has gained 31.9%. The story has used a dollar-rupee conversion rate of ₹70.89 per dollar.

At 10.30 am (GMT), BP was trading $6.42 in London trade, up 1.3% from its previous close. On Tuesday, shares of BP, closed at $6.33, down 3.8%, the most in four weeks, after dashing investor hopes of a higher dividend this year. Year to date, the BP stock has risen 0.4%.

For the complete information kindly visit given link:

https://www.livemint.com/companies/news/mukesh-ambani-s-ril-becomes-sixth-largest-global-energy-firm-by-market-cap-11572418727135.html
2
Which of the following departments has recently kickstarted an exercise to relax India’s foreign direct investment norms?
» Explain it
A
Hints to Remember

Who: DPIIT
What: kickstarts exercise to ease FDI norms more
When: published on 30th October 2019

The Department for Promotion of Industry and Internal Trade (DPIIT) on Tuesday kickstarted an exercise to relax India’s foreign direct investment norms.

The department held an inter-ministerial meeting to discuss further opening up in sectors, especially where 100% FDI is not allowed on the automatic route. “This was an exploratory meeting... this is the start of the exercise,” said one official.

The department has asked ministries and departments to submit specific proposals wherever they seek scope for relaxation.

The next meeting is likely in 2-3 weeks. The exercise comes two months after the government opened up FDI in contract manufacturing and eased norms for overseas investors in single-brand retail and coal mining.

For the complete iformation kindly visit given link:

https://economictimes.indiatimes.com/news/economy/policy/dpiit-kickstarts-exercise-to-ease-fdi-norms-more/articleshow/71811435.cms?from=mdr
3
Who among the following has recently won presidential election in Argentina?
» Explain it
D
Hints to Remember

Who: Alberto Fernandez
What: won presidential election in Argentina
When: published on 28th October 2019

Alberto Fernandez will be the next president of Argentina and former President Cristina Fernandez vice president. Fernandez will face soaring inflation and a currency crisis when he takes office in December.

Fernandez, a 60-year-old law professor, had 47.36 per cent of the votes - crossing the threshold for outright victory - after 75 per cent of the votes had been counted, with centre-right incumbent Mauricio Macri trailing at 41.22 per cent. To win outright, Fernandez required 45 per cent, or 40 per cent with a 10 point margin over his nearest rival.

For the complete information kindly visit given link:

https://america.cgtn.com/2019/10/28/alberto-fernandez-wins-presidential-election-in-argentina
4
Which of the following dates is observed as World Cities Day?
» Explain it
C
Hints to Remember

Who: World Cities Day
What: was observed on 31 October 2019

The United Nations General Assembly has designated the 31st of October as World Cities Day, by its resolution 68/239. The Day is expected to greatly promote the international community’s interest in global urbanization, push forward cooperation among countries in meeting opportunities and addressing challenges of urbanization, and contributing to sustainable urban development around the world.

2019 Theme: Changing the world: innovations and better life for future generations

The general theme of World Cities Day is Better City, Better Life, while each year a different sub-theme is selected, to either promote successes of urbanization, or address specific challenges resulting from urbanization.

For the complete information kindly visit given link:

https://www.un.org/en/events/citiesday/
5
Which of the following countries is planning to open 100 additional airports by 2024, as part of a plan to revive economic growth in Asia’s third-largest economy?
» Explain it
D
Hints to Remember

Who: India
What: plans to open 100 airports in five years
When: published on 30th October 2019

India is planning to open 100 additional airports by 2024, as part of a plan to revive economic growth in Asia’s third-largest economy, according to people with knowledge of the matter.

The proposal, which includes starting 1,000 new routes connecting smaller towns and villages, was discussed at a meeting last week to review infrastructure needed by 2025, the people said, asking not to be identified as the discussion is private. Steps to start a plane-lease financing business in the country was also discussed, they said.

For the complete information kindly visit given link:

https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/india-plans-to-open-100-airports-in-five-years/articleshow/71821181.cms?from=mdr

Important Current Affairs Questions and Answers: 31st October 2019
 
1. Ministry of Railways signs MoU with Indian School of Business (ISB).
(31st October 2019 Current Affairs Questions and Answers)

Ministry of Railways and the Indian School of Business (ISB) signed a Memorandum of Understanding (MoU) for a strategic partnership. It was signed by Shri Vinod Kumar Yadav, Chairman, Railway Board and Professor Rajendra Srivastava, Dean, ISB, in the presence of Railway Board Members & faculty members of ISB.

The comprehensive MoU covers several aspects including executive education programs, developing research opportunities, developing case studies and pedagogical materials, and creating of a future-ready leadership pool for the Indian Railways.

Speaking on the occasion, Shri Vinod Kumar Yadav, Chairman, Railway Board said “I am very pleased to formalize this partnership with the Indian School of Business. This strategic partnership will allow Indian Railways to build leadership talent in a rapidly changing competitive environment. The MoU will also facilitate research in areas of importance to the Railways and make the Railways an innovation and technology driven future-ready organization.”

2. National Unity Day was observed on 31 October 2019.
(Important Current Affairs Quiz of 31st October 2019)

National Unity Day or Rashtriya Ekta Diwas is celebrated on 31st October every year since 2014 to commemorate the birth anniversary of Sardar Vallabhbhai Patel. This year marks the 144th birth anniversary of Sardar Patel, freedom fighter and later a politician who played a major role in the integration of India.

Sardar Vallabhbhai Patel was India’s first deputy Prime Minister and is popularly known as the ‘Iron Man of India’. He played a major role in persuading over 500 princely states to accede to the independent Indian Union. He integrated all princely states into the newly independent India, despite several hurdles.

3. MNRE Hosts 2nd Assembly of International Solar Alliance (ISA) on 31 October In New Delhi.
(Most Important Current Affairs Questions and Answers of 31st October 2019)

The Ministry of New and Renewable Energy is hosting the second Assembly of International Solar Alliance (ISA) on 30 and 31 October 2019 New Delhi.  While on 30 October 2019, coordination and consultation meetings on different aspects of ISA programmes and initiatives will be held, the Assembly would meet on 31 October 2019.

The Assembly is the supreme decision making body of the ISA, and gives directions on various administrative, financial and programme related issues. Shri R.K. Singh, Minister for New and Renewable Energy and Power is President of the ISA Assembly and Ms Brune Poirson, Minister of State for the Ecological and Inclusive Transition Govt. of France, is the Co-President of the Assembly.

4. Odisha to partner with JPAL for transformative action.
(Top 10 MCQs on Current Affairs of 31st October 2019)

Odisha Government is all set to partner Abdul Latif Jameel Poverty Action Lab (J-PAL), co-founded by Nobel laureates Abhijit Banerjee and Esther Duflo, for targeted intervention in a set of social sectors including poorest of the poor through policy formulation and evaluations based on experimental research.

This is the first comprehensive partnership J-PAL would have with an Indian State after the Banerjee-Duflo duo was conferred the Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel, simply known as the Nobel Prize for Economics.

5. Santosh Kumar Gangwar inaugurated ESIC hospital at Rudrapur.
(Latest Current Affairs in Short of 31st October 2019)

Union Minister of State for Labour and Employment, Santosh Kumar Gangwar, along with the State’s Labour Minister Harak Singh Rawat, inaugurated a 100-bed ESIC Hospital at Rudrapur on Wednesday.

Addressing the gathering, Gangwar said that the 100-bed ESIC Hospital has been constructed in an area of five acres alongwith 32 staff quarters at an approximate cost of Rs 97.72 crore.

To begin with the OPD services are being provided. However, in due course, the hospital will be equipped with facilities like operation theatre, casualty block, radiology, orthopaedic clinic, psychiatric clinic, general medicine and many more for the insured persons and their dependants. This hospital would be run exclusively for the benefit of insured persons and their family members covered under ESI Scheme.

6. India plans to open 100 airports in five years.
(Top 10 Objective Current Affairs Quiz of 31st October 2019)

India is planning to open 100 additional airports by 2024, as part of a plan to revive economic growth in Asia’s third-largest economy, according to people with knowledge of the matter.

The proposal, which includes starting 1,000 new routes connecting smaller towns and villages, was discussed at a meeting last week to review infrastructure needed by 2025, the people said, asking not to be identified as the discussion is private. Steps to start a plane-lease financing business in the country was also discussed, they said.

7. World Cities Day was observed on 31 October 2019.
(Latest Current Affairs PDF of 31st October 2019)

The United Nations General Assembly has designated the 31st of October as World Cities Day, by its resolution 68/239. The Day is expected to greatly promote the international community’s interest in global urbanization, push forward cooperation among countries in meeting opportunities and addressing challenges of urbanization, and contributing to sustainable urban development around the world.

2019 Theme: Changing the world: innovations and better life for future generations
The general theme of World Cities Day is Better City, Better Life, while each year a different sub-theme is selected, to either promote successes of urbanization, or address specific challenges resulting from urbanization.

8. Alberto Fernandez won presidential election in Argentina.
(Today’s Current Affairs Capsule of 31st October 2019)

Alberto Fernandez will be the next president of Argentina and former President Cristina Fernandez vice president. Fernandez will face soaring inflation and a currency crisis when he takes office in December.

Fernandez, a 60-year-old law professor, had 47.36 per cent of the votes - crossing the threshold for outright victory - after 75 per cent of the votes had been counted, with centre-right incumbent Mauricio Macri trailing at 41.22 per cent. To win outright, Fernandez required 45 per cent, or 40 per cent with a 10 point margin over his nearest rival.

9. DPIIT kickstarts exercise to ease FDI norms more.
(Current Affairs And GK Quiz of 31st October 2019)

The Department for Promotion of Industry and Internal Trade (DPIIT) on Tuesday kickstarted an exercise to relax India’s foreign direct investment norms.

The department held an inter-ministerial meeting to discuss further opening up in sectors, especially where 100% FDI is not allowed on the automatic route. “This was an exploratory meeting... this is the start of the exercise,” said one official.

The department has asked ministries and departments to submit specific proposals wherever they seek scope for relaxation.

The next meeting is likely in 2-3 weeks. The exercise comes two months after the government opened up FDI in contract manufacturing and eased norms for overseas investors in single-brand retail and coal mining.

10. Reliance Industries Limited has become the world’s sixth largest energy entity with high m-cap.
(Today’s Current Affairs Questions and Answers of 31st October 2019)

Reliance Industries Ltd (RIL) has surpassed its strategic partner British oil major BP Plc in terms of market capitalization. The rise in market value of the Indian company was, however, driven by its retail and telecom businesses.

RIL hit a market cap of $132.24 billion on Wednesday compared with BP’s $130.51 billion. At closing, shares of RIL traded at ?1,478.70 on BSE, up 0.8% from its previous close. So far this year, it has gained 31.9%. The story has used a dollar-rupee conversion rate of ?70.89 per dollar.

At 10.30 am (GMT), BP was trading $6.42 in London trade, up 1.3% from its previous close. On Tuesday, shares of BP, closed at $6.33, down 3.8%, the most in four weeks, after dashing investor hopes of a higher dividend this year. Year to date, the BP stock has risen 0.4%.
 
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