Current Affairs Daily Digest – October 08 2020

Current Affairs Daily Digest – October 08 2020

Current Affairs Daily Digest – October 08 2020. Read and Download daily, monthly Current Affairs Daily Digest 2020 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month wise Current affairs 2020 PDF and Current affairs quiz PDF .

Latest Current Affairs


1. Nobel Prize in Literature, 2020

The Nobel Prize, 2020 was awarded to Louis Gluck for her poetry. She is the first female poet to win the prize since Wislawa Szymborska in 1996. She is an American poet. She has won the major literary awards of US such as National Book Award, Pulitzer Prize, National Humanities Medal, Bolligen Prize and National Book Critics Circle Award.

2. Axis Bank tie-up with Vistara to launch co-branded forex card

Axis Bank in partnership with India’s full-service carrier, Vistara launched a Co-Branded Forex Card, ‘Axis Bank Club Vistara Forex Card’ to cater to the needs of international travellers. This is the 1st-ever collaboration by a bank and an Indian airline for a co-branded forex card.

Highlights

  • Vistara Headquarters: Gurgaon, Haryana.
  • Vistara CEO: Leslie Thng.
  • Axis Bank Headquarters: Mumbai, Maharashtra.
  • Axis Bank MD and CEO: Amitabh Chaudhry.

3. Russia successfully test-fires Tsirkon hypersonic missile

Russia successfully test-fired a Tsirkon hypersonic cruise missile in the Arctic. The Missile was fired from the Admiral Gorshkov frigate in the White Sea, Russian Arctic. The missile covered a distance of 450 km with the maximum altitude of its trajectory at 28 km.

Highlights

  • Russia President: Vladimir Putin.
  • Russia Capital: Moscow.
  • Russia Currency: Russian Ruble.

4. Kuwait Prime Minister Sabah Al Khalid Al Sabah Resigns

The Kuwaiti government, headed by Prime Minister(PM) Sabah Al Khalid Al Sabah submitted its resignation to Emir Nawaf Al Ahmed Al Jaber Al Sabah in anticipation of the upcoming general elections that are due to be held in November 2020. He took charge as the PM in 2019.

Highlights

  • Kuwait Capital: Kuwait City.
  • Kuwait Currency: Kuwaiti dinar.

5. J Venkatramu appointed MD and CEO of India Post Payments Bank

J Venkatramu has been appointed the managing director and chief executive officer of India Post Payments Bank (IPPB). He will succeed Suresh Sethi, who served the post till March 2020. Venkatramuis presently working as the chief digital officer in Equitas Small Finance Bank.

Highlights

India Post Payments Bank (IPPB) Headquarters: New Delhi.

6. Smriti Irani launches first ever Brand & Logo for Indian Cotton

Union Minister of Textiles, Smriti Irani has launched the first-ever Brand and Logo for Indian Cotton on Second World Cotton Day through video conferencing. Now India’s premium cotton would be known as ‘Kasturi Cotton’ in the world cotton trade. The Kasturi Cotton brand will represent Whiteness, Brightness, Softness, Purity, Luster, Uniqueness and Indianness.

Highlights

  • Chairman-Cum-Managing Director of Cotton Corporation of India: Pradeep Kumar Agarwal.
  • Cotton Corporation of India Headquarters: Mumbai, Maharashtra.
  • Cotton Corporation of India Founded: 31 July 1970.

7. Former CBI director Ashwani Kumar passes away

Former Governor of Manipur and Nagaland, and ex-CBI Director, Ashwani Kumar passed away. He was born at Nahan in Sirmaur district and joined the Indian Police Force in 1973. He was allotted the Himachal Pradesh cadre and while working as the District Superintendent of Police at Shimla in 1985, he was inducted in the newly created Special Protection Group (SPG), where he worked till 1990.

8. Gujarat govt to launch ‘Digital Seva Setu’ programme

The state government of Gujarat has announced a ‘Digital Seva Setu’ programme to ensure optimum utilisation of technology for public welfare in rural areas. The program has been initiated under the Centre’s BharatNet Project.

Highlights

  • Gujarat Chief Minister: Vijay Rupani.
  • Gujarat Governor: Acharya Devvrat.

9. Indian Air Force Day: 08 October

Indian Air Force Day is celebrated every year by the Indian Air Force on 8th of October. This year Indian Air Force celebrated its 88th anniversary. Indian Air Force was officially established on 8 October 1932 by the British Empire as the Royal Indian Air Force. The name was changed to Indian Air Force in 1950.

Highlights

Chiefs of Air Staff: Rakesh Kumar Singh Bhadauria.

10. AMHUB: India’s first advanced manufacturing hub

The World Economic Forum and Guidance will jointly establish AMHUB in the state of Tamil Nadu. AMHUB is Advanced Manufacturing hub and is first of its kind in the country. Guidance is the nodal investment promotion agency of the state of Tamil Nadu.

11. Rajeshwar Rao appointed the new Deputy Governor of RBI

The Government of India appointed M Rajeshwar Rao as the new Deputy Governor of Reserve Bank of India. The post fell vacant in March 2020 when the previous Deputy Governor N R Vishwanathan resigned citing health issues before his term completed. His term completes in September 2020.

12. India-Japan sign Agreement for cooperation in AI, 5G, Critical Information Infrastructure

India and Japan signed agreements of cooperation in Artificial Intelligence, 5G technology. The countries also agreed to give momentum to the supply chain initiative in the Indo-Pacific region.

13. Who are India’s youngest billionaires as per Forbes India Rich List 2020?

BYJU’S 39-year-old Founder Byju Raveendran is India’s youngest billionaire with $3.05 billion wealth as per Forbes list of India’s 100 Richest People. Paytm’s 42-year-old Founder Vijay Shekhar Sharma is second-youngest billionaire with $2.35 billion wealth. He’s followed by Patanjali Ayurved’s 48-year-old Chairman Acharya Balkrishna with $2.22 billion wealth and 50-year-old realtor Vikas Oberoi.

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