Daily Current Affairs Quiz : October 28, 2021

Notes:
The Central Government notified Indian Telegraph Right of Way (Amendment) Rules, 2021 recently. It has fixed a nominal one-time compensation of ₹1,000 per km (maximum).
The amendments also aim to incorporate uniform procedure for establishment of overground telegraph line. These will ease the permission procedures for establishment and augmentation of digital communication infrastructure across the country.

Notes:
The Reserve Bank of India issued a new set of rules for non-banking finance companies (NBFCs). It includes limiting the lending to IPO investors to Rs 1 crore per borrower from April 1, 2022.
At present some high-net-worth individuals have been borrowing in excess of Rs 100 crore, from NBFCs for investing in IPOs. These curbs are a part of RBI’s “scale-based regulations”, which aim to mitigate systemic risks.

Notes:
Australia has recently given in-principle to a target of zero net carbon emissions by 2050. This target has been announced by the Prime Minister Scott Morrison when he leaves for a UN summit in Glasgow, Scotland.
It has not moved from its 2015 pledge at Paris climate summit to reduce emissions by 26 per cent to 28 per cent below 2005 levels by 2030.

Notes:
China passed a new law to strengthen land border protection amid the ongoing military tension along the disputed boundary with India.
The legislation formalises combining the military defence of China’s land borders, along with improving social and economic development in the Indo-China border areas. It also strengthens the People’s Liberation Army’s (PLA) policy to work closely with civilians staying in border areas including Tibetan villagers.

Notes:
Kollywood superstar Rajinikanth was conferred with 51st Dadasaheb Phalke Award for his outstanding contribution to the Indian Cinema.
The award was presented by Vice-President M Venkaiah Naidu at the 67th National Film Awards ceremony, recently held in New Delhi. The Dadasaheb Phalke Award is considered to be India’s highest film award and was instituted by the Indian Government in the year 1969.