Monthly Current Affairs October 2022

RBI, Banking and Economy

• RBI raises repo rate by 50 bps to 3-year high; FY23 GDP forecast cut to 7%

• List of non-banking finance companies (NBFCs) released by RBI; 16 included in the upper layer

• RBI launches advanced supervisory monitoring system DAKSH

SEBI and FINANCIAL AWARENESS

• SEBI makes OTP validation a must for mutual fund investments from FY24

• Markets regulator SEBI rolls out the framework for portfolio managers

• SEBI gives approval of HSBC AMC's acquisition of L&T Investment Managers

NABARD & AGRICULTURE

• Rice procurement estimated at 518 lakh MT during Kharif Marketing Season 2022-23

• Punjab Govt announces hike in sugarcane price to Rs 380 per quintal

• Sugar exports up 57 pc to record 109.8 lakh tonnes in 2021-22; cane arrears at Rs 6,000 crore

NATIONAL

• Operation GARUDA launched to dismantle drug networks

• PM’s Scheme for Mentoring Young Authors – YUVA 2.0– Launched

• Justice Chandrachud appointed the 50th Chief Justice of India

INTERNATIONAL

• Russia recognizes Independence of two southern regions

• King Charles III decides to not attend international climate change summit COP27 to be held in Egypt

• Kazakhstan to change name of capital from Nur-sultan back to Astana

STATES

• Kerala's Pullampara is first fully digital literate panchayat in India

• Gurugram To Get "World's Largest Safari"

• Uttar Pradesh government forms state’s first all-woman PAC battalions

REPORTS AND INDEXES

• India ranks 40 in Global Innovation Index of World Intellectual Property Organization

• School-to-work transition facing major hurdles in India: WEF report

• India's e-retail market to increase to $150 bn-$170 bn by 2027: Bain & Company & Flipkart

SCIENCE AND TECHNOLOGY

• Elon Musk unveils humanoid ‘Optimus’ robot

• Mangalyaan, India's Mars orbiter craft, completes eight years in orbit

• Asteria Aerospace gets India’s first micro category drone certification from DGCA

DEFENCE

• Induction of indigenously built Light Combat Helicopter

• Indian and New Zealand Navy signs pact on White Shipping Information Exchange

• Government approves creation of Weapon Systems branch in Indian Air Force

EVENTS

• IBBI to celebrate its Sixth Annual Day

• 68th Wildlife Week starts at Nahargarh Biological Park & Zoo

• IREDA celebrates "Cyber Jaagrukta Diwas"

AWARDS AND REWARDS

• Women’s rights activist Srishti Bakshi wins ‘Changemaker’ award at UN SDG Action Awards

• Telangana scoops Swachh Survekshan Gramin, 2022 award

• Indian American honoured with a lifetime achievement award in US

SPORTS

• Areeba Khan wins World Championship silver in skeet

• Top javelin thrower Shivpal Singh handed 4-year ban for failing dope test

• Sreejesh, Savita voted FIH goalkeepers of the Year