Daily Current Affairs 6th Oct, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 6th Oct, 2024. It includes all Major National, International, Business and Sports related current affairs of 6th Oct, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 6th Oct, 2024 Current affairs test.
BANKING & FINANCE
Reserve Bank of India Publishes Research Study titled “Status of Digital Financial Literacy in Lakshadweep Islands: Bottlenecks and Way Forward”
- The Reserve Bank of India (RBI) placed on its website a research study titled “Status of Digital Financial Literacy in Lakshadweep Islands: Bottlenecks and Way Forward” under the Project Research Study.
- The study is based on the primary data collected from all the ten inhabited islands in Lakshadweep – Agatti, Amini, Andrott, Bitra, Chetlat, Kadmat, Kalpeni, Kavaratti, Kiltan and Minicoy – to analyse the present status of digital financial literacy and digital financial inclusion.
Government of India sets ₹50,000 crore limit for Ways and Means Advances (WMA) for H2 FY 2024-25
- The limit for Ways and Means Advances for October 2024 to March 2025 has been set at ₹50,000 crore in consultation with the Government of India.
- The Reserve Bank of India (RBI) may initiate the floatation of fresh market loans when the government utilizes 75% of the WMA limit.
- The RBI retains the flexibility to revise the WMA limit at any time based on the prevailing circumstances.
NATIONAL NEWS
Prime Minister Narendra Modi Launches Rs 23,300 Crore Initiatives in Agriculture and Animal Husbandry in Maharashtra
- Prime Minister Narendra Modi visited Washim, Maharashtra, to inaugurate a series of agriculture and animal husbandry initiatives totalling Rs 23,300 crore.
- His visit included stops at important cultural landmarks and events benefiting millions of Indian farmers and rural communities.
Expansion of Pradhan Mantri Ujjwala Yojana (PMUY) Gets Approval from Petroleum Ministry
- The Ministry of Petroleum and Natural Gas has approved the fourth expansion of the Pradhan Mantri Ujjwala Yojana (PMUY), addressing the increasing demand from economically disadvantaged households.
- This expansion is crucial as over 2.6 million pending applications are yet to be covered under the scheme.
Prime Minister Narendra Modi’s Address at the Kautilya Economic Conclave:
- The Prime Minister, Shri Narendra Modi addressed the Kautilya Economic Conclave in New Delhi.
- Organized by The Institute of Economic Growth in partnership with the Ministry of Finance, the Kautilya Economic Conclave will focus on themes such as financing the green transition, geo-economic fragmentation and the implications for growth, and principles for policy action to preserve resilience among others.
- Location: New Delhi
- Organizer: The Institute of Economic Growth in collaboration with the Ministry of Finance
- Themes: Financing the green transition, geo-economic fragmentation, and resilience principles.
INTERNATIONAL NEWS
External Affairs Minister Jaishankar to attend Shanghai Cooperation Organisation meeting in Pakistan, marking first EAM visit since Sushma Swaraj 9 years ago
- External Affairs Minister (EAM) S. Jaishankar will lead India’s delegation to the Shanghai Cooperation Organisation’s (SCO) Council of Heads of Government (CHG) meeting in Islamabad, Pakistan on October 15-16, 2024.
- It will be the first visit to Pakistan by an Indian EAM in 9 years; the last visit was by Sushma Swaraj in 2015 for the Heart of Asia Ministerial Conference on Afghanistan that was held in Islamabad on December 8-9, 2015.
Indonesia holds global conference on Myanmar with UN and junta opponents, sources report
- Indonesia is hosting an international meeting with the United Nations and opponents of Myanmar’s military regime.
- Participants include the United Nations (UN), the Association of Southeast Asian Nations (ASEAN), the European Union (EU), and Myanmar’s shadow National Unity Government (NUG).
- The meeting is set against the backdrop of a severe crisis in Myanmar, stemming from the military’s crackdown on pro-democracy protests following the coup in 2021.
India elected to GlobE Steering Committee to tackle global corruption
- India has been elected to the 15-member steering committee of the GlobE Network during a plenary session in Beijing.
- The election followed a multi-stage voting process, allowing India to actively contribute to global efforts in combating corruption and asset recovery.
India extends $50 million financial aid to Maldives for an additional year
- India has extended budgetary support to the Maldives government in the form of a rollover of the USD 50 million Treasury Bill for another year at the Maldivian government’s request.
- This is the second rollover granted by the Indian government this year.
BUSINESS NEWS
Government of India Plans Bond Buyback Worth Rs 25,000 Crore
- The Government of India has announced a bond buyback worth Rs 25,000 crore through a bond auction scheduled.
- The Reserve Bank of India (RBI) will oversee the auction process.
- The buyback will target specific bonds that are nearing maturity in 2025 and early 2026.
Cabinet Approves National Mission on Edible Oils to Enhance Self-Sufficiency
- The Cabinet has approved a Rs 10,103 crore budget for the National Mission on Edible Oils.
- Target to boost oilseed production from 7 million tonnes (MT) to 20.2 MT by 2031.
- Increase domestic edible oil requirement coverage to 72% by 2031, up from 57%.
- Focus on Key Oilseeds: The mission emphasizes increasing production of:
- Rapeseed-mustard
- Groundnut
- Soybean
- Sunflower
- Sesamum
APPOINTMENTS NEWS
Government approves 1-year extension for RBI Deputy Governor Rajeshwar Rao
- The Appointments Committee of the Cabinet (ACC), chaired by Prime Minister (PM) Narendra Modi, approved a one-year extension for Reserve Bank of India (RBI) Deputy Governor Rajeshwar Rao from October 9, 2024.
- This is Rao’s second one-year extension, with the first being granted in October 2023.
DEFENCE NEWS
Defence Research and Development Organisation successfully conducts flight test of 4th Generation Very Short Range Air Defence System at Pokhran Firing Ranges, Rajasthan
- The Defence Research and Development Organisation (DRDO) successfully conducted three flight-tests of the 4th Generation, technically advanced miniaturised Very Short Range Air Defence System (VSHORADS) at the Pokhran Field Firing Ranges in Rajasthan on October 03 & 04, 2024.
- The tests were carried out against high-speed target, demonstrating very critical parameters of maximum range and maximum altitude interception.
SCIENCE & TECHNOLOGY
Google enhances its AI capabilities in India with the launch of Gemini AI mobile app in 9 regional languages
- At the 10th edition of its Google for India event, Google unveiled several significant AI initiatives, including the Gemini model, which enhances Google Search and Maps.
- The AI voice chat feature, Gemini Live, is being introduced in Hindi, with plans to add support for eight additional Indian languages: Bengali, Gujarati, Kannada, Malayalam, Marathi, Telugu, Tamil, and Urdu.
IMPORTANT DAYS
World Cerebral Palsy Day 2024: October 6
- Every year 6th October is observed as a World Cerebral Palsy Day.
- This year’s theme, ‘#UniquelyCP’, celebrates the uniqueness of the cerebral palsy community – their interests, passions, and identities – showing that they are not solely defined by their disability.
- In 1853, Dr. John Little recognized and studied Cerebral Palsy.
- Around 1861, he presented his research to the Obstetrical Society of London and he provided the first definition of Cerebral Palsy.