1.India and the World

Rs 75 Commemorative coin to be released in India celebrating the 75th anniversary of FAO

Prime Minister Narendra Modi will release a commemorative coin of Rs 75 denomination marking the long-standing relation of India with Food and Agriculture Organization (FAO).

The coin is to be released on the 75th Anniversary of FAO on 16th October.

Recently developed 17 biofortified varieties of 8 crops will also be dedicated by the Prime Minister.

The event marks the highest priority given by the government to agriculture and nutrition.
Quick Fact: The Food and Agriculture Organization is a specialized organization of the United Nations which leads the global efforts to defeat hunger and improve nutrition and food security.

2.National Affairs

Suraksha Kavach- Anti Terror Exercise

Indian Army and Maharashtra Police collaborated to organise an anti-terror exercise called “Suraksha Kavach”.

The exercise was organised at Lullanagar, Pune, Maharashtra. 

The objective of the exercise was to harmonize the drills and procedures of both Army and Police for activating anti-terrorist Quick Reaction Teams (QRTs) to counter any terrorist actions.

Quick Reaction Teams, Dog Squads and Bomb Disposal Teams of Army as well as Anti-Terrorism Squad (ATS) and Quick Reaction Team of Maharashtra Police participated in the exercise.

3.Business and Finance

Uber collaborated with Amazon pay to push digital payments

Amazon Pay and Uber announced a partnership to push digital payments in India.

The partnership is to integrate Amazon Pay as a payment option on the Uber app.

The objective of the partnership is to enable millions of customers to make contactless, safe, and secure payments for their Uber rides.
Quick Fact: The headquarters of Uber Technologies Inc Headquarters is located in California, and the CEO is Dara Khosrowshahi.

4.Miscellaneous

World Standards Day: 14 October

World Standards Day is observed globally on 14 October.

The day is also known as International Standards Day.

The objective of the day is to raise awareness about the importance of standardisation to the global economy among the consumers, regulators and industry.

The theme for World Standards Day 2020 is “Protecting the planet with standards”.
Quick Fact: The day is organised by International Organization for Standardization.

5.India and the World

IMF predicts India’s GDP to contract 10.3% in 2020

According to ‘World Economic Outlook’ report, the International Monetary Fund (IMF) has predicted the Indian economy to contract by 10.3% in 2020-21.

Earlier the predicted contraction was 4.5%.

The contraction has increased due to a rise in the number of COVID cases.

IMF has estimated the GDP of India to grow at 8.8 per cent in 2021-22.
Quick Fact: IMF Headquarters is located in Washington, D.C. U.S. and it’s MD and Chairman is Kristalina Georgieva.

6.National Affairs

Atal Innovation Mission (AIM) collaborated with CGI to promote innovation among school students

The Atal Innovation Mission (AIM), NITI Aayog, and CGI India have signed a Statement of Intent (SOI).

The objective of the SOI was to boost the innovation across the schools. 

The partnership is a part of continuous support to AIM’s Atal Tinkering Lab (ATL) initiative.

According to the SOI, CGI is to adopt 100 schools and set up  ATLs across Bangalore, Chennai, Hyderabad and Mumbai in order to promote and train students.
Quick Fact: AIM is the flagship programme launched by the Government of India to promote a culture of innovation and entrepreneurship across India.

7.International Affairs

Re-election of Pakistan to UN Human Rights Council

Pakistan was re-elected to the United Nations Human Rights Council (UNHRC).

The country secured 169 votes out of 193 votes of the member of UN General Assembly.

Pakistan secured the highest number of votes among the candidates from the Asia-Pacific region. 

Pakistan has served the UNHRC since January 2018 and will continue for the tenure of another 3 years.
Quick Fact: UNHRC is a United Nations body, and was established on 15th March 2006 by replacing the UN Commission on Human Rights.

8.National Affairs

Regional Raw Drug Repository for AYUSH launched at Chennai 

Regional Raw Drug Repository (RRDR) for AYUSH Medicine was launched at Chennai.

The Repository was launched by The Union Minister for AYUSH, Shri Shripad Yesso Naik.

RRDRs plays an important role in the centrally sponsored scheme called AYUSH Mission.

As a step forward in medicinal plants cultivation, Ministry of AYUSH had initiated the establishment of National Raw Drug Repository and Regional Raw Drug Repositories, through the National Medicinal Plants Board (NMPB).