Daily Current affairs - October 2nd, 2018 for all competitive exams


October 2 - World Farm Animals Day
The birth of the great Indian leader Mahatma Gandhi, on the 2nd of October is also rightfully observed as the World Farm Animals Day (WFAD) in all over the world.


Ministry of Corporate Affairs has launched Limited Liability Partnership (LLP)
Ministry of Corporate Affairs has launched a process re-engineering by making incorporation of Limited Liability Partnership (LLP) through a complete online system- titled “RUN-LLP (Reserve Unique Name – Limited Liability Partnership)”.
  • LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its own name.
  • The LLP is a separate legal entity, is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the LLP.


BCCI Brought Under RTI Act by Central Information Commission 
Central Information Commission (CIC) brought the Board of Control for Cricket in India (BCCI) under the RTI (Right to Information) Act. 
  • The commission, which is the top appellate body in RTI matters, went through the laws and orders of the Supreme Court, the Law Commission of India report, submissions of the Central Public Information Officer in the Ministry of Youth Affairs and Sports to come to a conclusion that the characteristics of the BCCI fulfil the required conditions of Section 2(h) of the RTI Act. 


AICTE to establish country’s first AICTE Training and Learning (ATAL) Academy in Jaipur
All India Council for Technical Education will establish country’s first AICTE Training and Learning (ATAL) Academy in Jaipur, capital of Rajasthan. Moreover, tree more ATAL academies will come at Thiruvananthapuram (Kerala), Guwahati (Assam) and Baroda (Gujarat) by next year.


Uttarakhand House nod to declare cow ‘Rashtra Mata’
UttarakhandAssembly unanimously passed a resolution to declare cow the ‘Rashtra Mata’ or the mother of the nation.
  • State Animal Husbandry Minister Rekha Arya, who moved the resolution in the Assembly, said that considering it a request from Uttarakhand Assembly, the Centre must grant the status of mother of nation to the cow.


‘Mukhyamantri Yuva Nestham aims at creating more employable youth in Andhra Pradesh
Andhra PradeshIT Minister Nara Lokesh has said that the state government’s ‘Mukhyamantri Yuva Nestham’ scheme is aimed at creating more employable youth.


Karnataka Good Samaritan Bill
The president has given his asset to the Karnataka Good Samaritan and Medical Professional (Protection and Regulation during Emergency Situations) Bill, 2016.
The legislation aims to give protection to good samaritans and ensure immediate medical assistance for road accident victims within the ‘golden hour’ and encourage people to offer first aid to victims without fear of harassment in the hands of police and investigations.
  • Under the new law, the Karnataka government will provide financial help to good samaritans who help victims in a timely manner, they will be exempted from repeated attendance in courts and police stations, in case attendance is mandatory, expenses of such “running around to courts and police stations” will be taken care through the proposed ‘Good Samaritan Fund’.
  • After admitting the accident victim to the hospital, the good samaritan can leave immediately, all government as well as private hospitals are bound to give first aid to the accident victims.


Open Acreage Licensing Programme (OALP)
Government of India recently signed the contracts of the blocks awarded under the Open Acreage Licensing Programme (OALP) Bid Round-I with the awardees.
  • Initially, 110 e-bids were received for 55 blocks on offer with participation from 9 companies, singly or in consortium. Finally, contracts have been signed for all 55 blocks with 6 companies.
  • This will add a huge accretion of 59,282 sq.km to the exploration area. This is about 65% of the area presently under exploration in the country. This will lead to significant increase in E&P activities in India and in long run discoveries from these field may significantly boost domestic production.


Asian Development Bank (ADB)
Asian Development Bank (ADB) and the Government of lndia have signed a $150 Million Loan to finance continued improvements to road connectivity and efficiency of the International Trade Corridor in West Bengal and North-Eastern Region of lndia.
  • South Asia Sub-regional Economic Cooperation Road Connectivity lnvestment Program, approved in 2014, aims to expand about 500 kilometers of roads in lndia’s North Bengal and North-Eastern Region that will enable efficient and safe transport within lndia and regionally with other SASEC member countries.
  • The Program is an important initiative in Regional Connectivity aimed at increasing domestic and regional trade through North Bengal-North East Region International Trade corridor by upgrading key roads.
  • The SASEC programme of ADB was formed in 2001 in response to the request of Bangladesh, Bhutan, India and Nepal to assist in facilitating economic cooperation among them. Sri Lanka and Maldives joined the sub-regional group in 2014.


India & Uzbekistan Sign 17 Agreements & MoUs 
Uzbekistan's President Shavkat Mirziyoyev met Prime Minister Narendra Modi at Hyderabad House in New Delhi. The two sides took stock of the bilateral relationship across several sectors during the delegation-level talks.
  • 17 agreements and MoUs were signed in the field of law, tourism, military education, agriculture, science and technology, commerce and industry, pharmaceutical, national security and illicit trafficking besides others. Uzbek President supported India's bid for permanent membership of UN Security Council. 


Exercise Aviaindra-18
The second edition of Exercise Aviaindra, a Biennial Air Force level exercise between Indian and the Russian Federation, was held recently in Russia. 
  • The aim of the exercise was to formulate and validate use of airpower in anti-terrorist operation in a bilateral scenario. It also includes simulator training. The exercise included briefing on Aerospace safety and anti-terrorist air operations.


Multi-National Maritime Exercise 'IBSAMAR-VI' Starts In South Africa 
The sixth edition of IBSAMAR, a joint Multi-National Maritime Exercise between the Indian, Brazilian and South African Navies, is being held at Simons Town, South Africa.
  • The last edition of IBSAMAR (IBSAMAR V) was conducted off Goa, from 19 – 26 Feb 16. The aim of the exercise is to undertake collective training for participating navies, building interoperability and mutual understanding as well as sharing of best practices.


India’s first Corn Festival Starts in Madhya Pradesh
In Madhya Pradesh, the first corn festival of the country is being held in Chhindwara. The festival is one of a kind international event. 
  • Madhya Pradesh is one of the largest corn producing states in India, with Chhindwara being the highest corn producing district.


United Nations Chief Antonio Guterres Arrives India On 4-Day Visit 
United Nations Secretary-General Antonio Guterres has arrived in New Delhi on a four-day visit to India. He will participate in the Mahatma Gandhi International Sanitation Convention at the Rashtrapati Bhawan Cultural Centre, in New Delhi. 
  • The event marked the launch of Mahatma Gandhi's 150th Birth Anniversary celebrations as well as the 4th anniversary of the Swachh Bharat Mission.
  • The UN Chief will also attend the joint inaugural ceremony of the First Assembly of International Solar Alliance, 2nd RE-INVEST Conference and Energy Ministers Meet of Indian Ocean Rim Association of States member countries.


Justice Lokur nominated as NALSA Executive Chairman
Senior judge of the Supreme Court, Madan Bhimarao Lokur, is now the Executive Chairman of the National Legal Services Authority of India (NALSA). President Ramnath Kovind nominated Justice Lokur to the post.


Rangachari Sridharan Appointed Chairperson of NFRA 
The Centre has appointed former IAS officer Rangachari Sridharan as chairperson of the National Financial Reporting Authority (NFRA), an entity which will function as an independent regulator for the auditing profession.
  • The appointments committee of the cabinet also approved the appointment of retired Indian Audit and Accounts Service officer of the 1980 batch, Prasenjit Mukherjee as a full-time member in NFRA. 


India-born Professor Gita Gopinath Named IMF Chief Economist 
India-born Harvard University professor Gita Gopinath has been appointed as the Chief Economist of the International Monetary Fund (IMF) by IMF's Managing Director Christine Lagarde. 
  • Ms Gopinath will succeed Maurice (Maury) Obstfeld. Ms Gopinath currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University. The 46-year-old is also Economic Adviser to Kerala CM. 


Ravi Venkatesan appointed UNICEF’S special representative of young people
The UNICEF has appointed Ravi Venkatesan has its special representative of young people. His new role will provide strategic guidance and support UNICEF globally with high-level outreach, partnerships and scaling innovations.


Nobel Prize 2018: Nobel Prize in Physics Goes To Arthur Ashkin, Gerard Mourou And Donna Strickland
The Royal Swedish Academy of Sciences has decided to Award the 2018 Nobel Prize in Physics to Arthur Ashkin, GĂ©rard Mourou and Donna Strickland "for groundbreaking inventions in the field of laser physics". 


Vayoshreshtha Samman- 2018
They are National Awards for Senior Citizens. They were recently presented by the President to eminent senior citizens and institutions in recognition of their service towards the cause of elderly persons, especially indigent senior citizens.
  • Vayoshreshtha Samman is a Scheme of National Awards instituted by the Ministry of Social Justice & Empowerment (D/o Social Justice & Empowerment) initially in 2005 and was upgraded to the status of National Awards in 2013, for institutions involved in rendering distinguished service for the cause of elderly persons especially indigent senior citizens and to eminent citizens in recognition of their service/achievements.
  • Ministries of Social Justice & Empowerment, Health and Rural Development are running such useful schemes for the welfare of elderly persons.
  • The awards are presented on 1st of October every year pursuant to the adoption of a resolution by the UN General Assembly to observe the year 1999 as the International Year of Older Persons.


Eastern Zonal Council
The 23rd meeting of the Eastern Zonal Council was held recently at Kolkata under the Chairmanship of the Union Home Minister Shri Rajnath Singh. The meeting was attended by the Chief Ministers of West Bengal, Jharkhand, Deputy Chief Minister of Bihar, and Ministers from the States of the Council including Odisha as well as senior officers from Central and State Governments.
  • Zonal councils have been established by the Parliament to promote interstate cooperation and coordination. They are statutory bodies established under the States Reorganisation Act 1956 and not constitutional bodies. They are only deliberative and advisory bodies.


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