DAILY DOSE 07^TH OCT CURRENT AFFAIRS

1) Know About: World Trade Organization

” The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade.
It officially commenced operations on 1 January 1995, pursuant to the 1994 Marrakesh Agreement
The WTO is the world’s largest international economic organization, with 164 member states representing over 98% of global trade and global GDP.
Headquarters: Switzerland

2) Know About: Swachh Survekshan

Swachh Survekshan is an annual survey of cleanliness, hygiene and sanitation in villages, cities and towns across India.
It is conducted by Ministry of Housing and Urban Affairs and is the world’s largest urban sanitation and cleanliness survey.
The first survey was undertaken in 2016 and covered 73 cities.
The surveys are carried out by Quality Council of India.

3) Bank of India Mutual Fund appoints Mohit Bhatia as CEO

Bank of India Investment Managers Private Ltd has announced that it has appointed Mohit Bhatia as its chief executive officer, effective 4 October, 2022.
His last assignment was with Canara Robeco Asset Management Company Ltd. as head-sales and marketing.
Bank of India Investment Managers Private Ltd is a wholly-owned subsidiary of Bank of India.

4) Scientists find new evidence for liquid water on Mars

An international team of researchers has found new evidence for the possible existence of liquid water beneath the south polar ice cap of Mars.
The results were published in the journal Nature Astronomy.
The researchers, led by the University of Cambridge with involvement from the University of Sheffield, used spacecraft laser-altimeter measurements to identify subtle patterns in its height.

5) World Bank cuts India’s GDP growth forecast to 6.5% for 2022-23

The World Bank on 6th Oct 2022 cut its 2022-23 (FY23) real gross domestic product (GDP) growth forecast for India to 6.5%, from an earlier estimate of 7.5%.
This is the 3rd time the World Bank has revised its GDP growth forecast for India in FY23.
In June 2022, it had slashed its FY23 GDP growth forecast for India to 7.5%.
Earlier in April 2022, it had trimmed the forecast from 8.7% to 8%.

6) World Cotton Day: 7th October

World Cotton day is celebrated every year on 7th October as a global celebration of cotton and its stakeholders.
At the initiative of the Cotton-4 (Benin, Burkina Faso, Chad and Mali), the World Trade Organisation made the launch of World Cotton Day on 7th October 2019.
Cotton is a multipurpose plant chiefly used in the textile industry.
2022 Theme: “Weaving a better future for cotton”!

7) Savita Punia & PR Sreejesh win FIH Goalkeeper of the Year awards

India’s PR Sreejesh & Savita Punia have been voted FIH Men’s & Women’s Goalkeeper of the Year 2021-22, according to the International Hockey Federation (FIH).
Savita has become only the 3rd athlete to win this award for consecutive 2 years since the inception of the award in 2014.
While Sreejesh has become the 2nd player to win the award 2 consecutive times.
FIH HQ: Lausanne, Switzerland

8) Nicole Mann: First Native American woman astronaut in space

US astronaut Nicole Mann has become the first Native American woman to go to space following a NASA launch on 5th Oct 2022.
Mann, 45, is one of four astronauts who blasted off from Florida on 5th Oct bound for the International Space Station (ISS).
The mission in which Mann is taking part is named ‘Crew 5’ and it was using a launch vehicle that comprised a SpaceX Falcon 9 rocket.

9) Justice Dinesh Kumar appointed as presiding officer of UAPA Tribunal

The government has appointed Justice Dinesh Kumar Sharma of the Delhi High Court as the Presiding officer of the Unlawful Activities (Prevention) Tribunal.
He has been appointed to review the ban on the Popular Front of India (PFI) and its associates.
The centre has recently banned PFI for five years, after seizing incriminating documents.

10) French writer Annie Ernaux awarded Nobel Prize in literature

French author Annie Ernaux was awarded Nobel Prize in literature.
Her most critically acclaimed book was “The Years” (Les annees), published in 2008.
The prize for 2021 went to the Tanzanian-born, U.K.-based writer Abdulrazak Gurnah, whose novels explore the impact of migration on individuals and societies.
The 2022 Nobel Peace Prize will be announced on 7 October 2022.

11) Prashant Kumar appointed as Yes Bank MD & CEO

Veteran banker Prashant Kumar has been appointed as the Managing Director & Chief Executive Officer of Yes Bank for a period of three years.
The RBI on 6th Oct 2022 approved the appointment of Kumar.
Before joining YES Bank, Kumar was the Deputy Managing Director & CFO of the SBI.
Yes Bank is an Indian bank headquartered in Mumbai.
Founded: 2004
Founders: Rana Kapoor & Ashok Kapur

12) ISA’s 5th Assembly to be held in New Delhi from Oct 17th to 20th

International Solar Alliance’s (ISA) 5th Assembly will be held in New Delhi from 17th to 20th Oct 2022.
Union Power, New & Renewable Energy Minister R.K Singh will preside over the Assembly.
Currently, India holds the office of the President of the ISA Assembly.
Delegates from 109 Member Countries will participate in this meeting.
ISA HQ: Gurugram, Haryana
Director General: Ajay Mathur

13) RBI launches ‘DAKSH’ application to advance supervisory process

The RBI Governor Shaktikanta Das on 6th Oct 2022 launched a web-based application called ‘DAKSH’, to make the supervisory processes more robust.
It will monitor compliance requirements in a more focused manner with the objective of further improving the compliance culture in Supervised Entities like Banks & NBFCs.
It will also enable cyber incident reporting & analysis.
RBI HQ: Mumbai

14) Know About: International Hockey Federation

The International Hockey Federation, commonly known by the acronym FIH, is the international governing body of field hockey.
FIH conducts field hockey’s major international tournaments, notably the Hockey World Cup.
FIH was founded in 1924 in Paris by Paul Léautey, who became its first president.
HQ: Lausanne, Switzerland
Membership: 137
President: Seif Ahmed (acting)

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