Current Affairs Quiz - October, 2021

Notes:
E-commerce major Amazon India announced the launch of Amazon Future Engineer in India. It is the company’s global computer science education programme.
According to the company, the programme will enable access to quality computer science education and career opportunities for students from underserved communities. In the first year, Amazon aims to deliver learning opportunities to more than 1 lakh students from 900 government and aided schools across seven states in the country.

Notes:
SEBI’s board recently cleared a proposal for setting up a ‘Gold exchange’ and a ‘Social Stock Exchange’. In the Gold Exchange, the metal will be traded in the form of Electronic Gold Receipts (EGRs) and they will be notified as securities.
Any recognised stock exchange, existing as well as new, can launch trading in EGRs. Vault manager should be a body incorporated in India, registered with SEBI and should have a net worth of at least Rs 50 crore. The social stock exchange will be operated for fundraising by social enterprises.

Notes:
The Union Finance Ministry has extended the validity of the Emergency Credit Line Guarantee Scheme (ECLGS) by another six months till March 31, 2022, or till guarantees for the overall ceiling of Rs 4.5 lakh crore are issued, whichever is earlier.
The scheme is aimed to support micro, small and medium enterprises, by helping them deal with funds shortage and promote exports.  As of September 24, 2021, over Rs. 2.86 lakh crore worth of loans were sanctioned under the scheme

Notes:
The Asian Development Bank (ADB) has approved a $251 million loan for urban flood protection and management in the Chennai–Kosasthalaiyar river basin in the state of Tamil Nadu.
The project will establish climate-resilient urban flood protection infrastructure in the region. It will construct 588 kilometers (km) of new stormwater drains, rehabilitate or replace 175 km of stormwater drains among others. Chennai’s rapid urbanization has made the city vulnerable to widespread flooding.

Notes:
The Union Ministry of Panchayati Raj and Rural Development has launched the People’s Plan Campaign-2021 “Sabki Yojana, Sabka Vikas” and the Vibrant Gram Sabha Dashboard recently.
The campaign was launched by the Union Minister Giriraj Singh, during which he also released a booklet on People Plan Campaign-2021 for preparation of plans for 2022-23.

Notes:
The Indian Navy had signed the “Joint Guidance for the India – Australia Navy to Navy Relationship” on 18th August 2021, following which India has signed Terms of Reference for the Conduct of Navy-to-Navy Talks” with Australia.
The signing ceremony was held virtually between the Rear Admiral of the two Navies.

Notes:
Indian ace woman cricketer Smriti Mandhana has created a new record by becoming the very first Indian woman to score a century in Australia. The previously held record in this regard was 58 runs in the second innings of the Melbourne Test in 1991.
Mandhana scored 127 runs off 216 balls, which included 22 boundaries and a six.

Notes:
Piramal Capital & Housing Finance Limited, a subsidiary of Piramal Enterprises has reverse merged itself with the debt-ridden Dewan Housing Finance Limited (DHFL) after paying a sum of Rs.34,250cr to the creditors of DHFL.
The process was fully completed on 30th September 2021, as per the resolution plan under the Insolvency Bankruptcy Code (IBC).

 

Notes:
‘Credit Guarantee Scheme for Subordinate Debt’ was launched on 24th June, 2020 to provide credit facility to the promoters of stressed MSMEs, through lending institutions. SMA-2 and NPA accounts who are eligible for restructuring as per RBI guidelines are the beneficiaries.
The Government had earlier decided to extend this scheme for six months from 31.03.2021 to 30.09.2021. Now it has been further extended till 31.03.2022.

Notes:
The “SVAMITVA” stands for “Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas” is a Central Sector Scheme of the Ministry of Panchayati Raj. Under the scheme, clear ownership of property in rural inhabited areas is established by mapping land parcels using Drones.
Recently, the Prime Minister distributed e-property cards to over 1,71,000 beneficiaries of Madhya Pradesh under the scheme.