Current Affairs For 8th October 2023

Current affairs encompass a wide range of events and occurrences that have global significance. This includes political developments, international relations, economic trends, social issues, technological advancements, environmental concerns, and more.

Q1.What is the name of the operation unleashed by Hamas in the Israel-Palestine conflict?

1. Operation Al-Quds Surge 
2. Operation Al-Aqsa Flood 
3. Operation Gaza Uprising 
4.  Operation West Bank Fury

Ans:-2)Operation Al-Aqsa Flood

• The Israel-Palestine conflict has undergone a dramatic escalation with the launch of “Operation Al-Aqsa Flood” by Hamas, involving the firing of over 5,000 rockets into Israel. This has rapidly evolved into a full-fledged war, leading to substantial casualties and instilling widespread fear among civilians.
• Israeli Prime Minister Benjamin Netanyahu officially declared a state of war, underscoring the gravity of the situation. He emphasized that this was not simply an operation, but rather an all-encompassing war. Netanyahu pledged that Hamas would face an unprecedented level of retaliation.

Q2.What has the EU approved to combat greenwashing?

1. World’s First Green Bond Standards 
2. Environmental Regulations 
3. Renewable Energy Initiatives 
4. Sustainable Investment Guidelines

Ans:-1)World’s First Green Bond Standards

• In a substantial effort to counteract greenwashing and provide investors with reliable indicators of genuinely sustainable businesses, European Union legislators have sanctioned pioneering guidelines for firms issuing “green” bonds. This fresh initiative seeks to foster openness and authenticity within the green bond market, curbing deceptive claims about climate-friendliness.
• The European Parliament’s endorsement heralds the introduction of a voluntary criterion for employing the “European Green Bond” designation, touted as the inaugural standard of its kind on a global scale. This benchmark is crafted to steer investors towards authentic sustainable investment prospects, concurrently assuring issuing companies of the suitability of their bonds for environmentally conscious investors.

Q3.Which state has become the fourth to implement the E-Cabinet System?

1. Assam 
2. Manipur
3. Mizoram
4. Tripura

Ans:-4)Tripura

• Tripura Chief Minister Manik Saha has recently launched the state’s e-cabinet system, making Tripura the fourth Indian state, and the second in the Northeast region, to implement this technology following Uttarakhand, Uttar Pradesh, and Arunachal Pradesh.
• This introduction demonstrates a dedication to conducting paperless cabinet meetings, thereby reducing the environmental impact and championing environmental sustainability. This is achieved through the adoption of digital tablets by ministers and bureaucrats.

Q4.How many new districts will be established in Rajasthan according to Chief Minister Ashok Gehlot?

1. One 
2. Two 
3. Three 
4.  Four

Ans:-3)Three

• Rajasthan’s Chief Minister Ashok Gehlot has recently announced the intention to create three additional districts in the state: Malpura, Sujangarh, and Kuchman City. This move precedes the forthcoming Assembly election and will raise the total number of districts in Rajasthan to 53.

Q5.Where was the first state workshop on Women-Led Development organized by NITI Aayog held?

1. Maharashtra 
2. Goa 
3. Kerala 
4. Rajasthan

Ans:-2)Goa

• The inaugural event of the Women Entrepreneurship Platform (WEP) – NITI Aayog State Workshop Series on Empowering Women-led Development through Entrepreneurship took place at the CSIR-National Institute of Oceanography (NIO) Auditorium in Goa. This workshop, conducted in partnership with the Government of Goa, had a special emphasis on the western region of the country.
• Swayampurna Goa initiative: Marking the three-year anniversary of the Swayampurna Goa initiative, Dr. Pramod Sawant highlighted its key focus on skill enhancement and the deployment of “Swayampurna Grameen Mitras” for the convenient delivery of government services directly to every block and Panchayat.

Q6.Where did the All India Police Science Congress begin?

1. New Delhi 
2. Mumbai 
3. Dehradun 
4. Chennai

Ans:-3)Dehradun

• On October 7th, the 49th All India Police Science Congress (AIPSC) organized by the Uttarakhand Police commenced at the Forest Research Institute in Dehradun.
• Under the theme of “Policing in Amrit Kaal,” this annual event, conducted under the auspices of the Bureau of Police Research and Development (BPR&D), serves as a platform for insightful discussions on various aspects of modern policing.
• The 49th AIPSC has identified six compelling themes for discussion, each addressing crucial challenges and developments in contemporary policing. Additionally, the event is integrating technology for its management, showcasing a forward-thinking approach.

Q7.What does the strong surge in US job growth in September potentially indicate regarding the Federal Reserve’s actions?

1. Potential easing of monetary policy 
2. Potential tightening of monetary policy 
3. No change in monetary policy 
4. Potential increase in government spending

Ans:-2)Potential tightening of monetary policy

• The U.S. job market witnessed significant expansion in September, strengthening the argument for potential interest rate hikes by the Federal Reserve later this year. Nonfarm payrolls, a pivotal gauge of employment trends, recorded a noteworthy surge of 336,000 jobs in September.
• The unexpectedly robust job growth during this period has heightened the likelihood of the Federal Reserve implementing measures to increase interest rates in the near term. Although the central bank’s primary objective is to manage inflation and secure price stability, a resilient labor market can also wield influence over its policy determinations.

Q8.What does RBI identify as a key risk to macroeconomic stability?

1.High Unemployment

2.High Inflation

3.Low GDP Growth

4.Excessive Government Spending

Ans:-2)High Inflation

• RBI Governor Das emphasized the firm commitment of the Monetary Policy Committee (MPC) to realigning inflation with the 4% target. Through a majority decision, the MPC has opted to withdraw accommodation, a move aimed at aligning inflation with continued support for economic growth.
• Governor Das underlined that the RBI’s inflation target stands at a steady 4%, not within a range of 2 to 6%. The central bank is determined to actively implement anti-inflationary measures while concurrently providing support for growth in order to attain this objective.

Q9.What is the name of the mobile app launched by REC for 54EC Bonds investors?

1. SUGAM REC 
2. REC Bonds Connect 
3. Mobile Bond Investor 
4. BondEase

Ans:-1)SUGAM REC

• REC Limited, a leading Non-Banking Financial Company (NBFC) focusing on Power Sector Financing and Development, has unveiled its newest digital offering, the ‘SUGAM REC’ mobile application.
• This specialized app is tailored to meet the requirements of investors keen on REC’s 54EC Capital Gain Tax Exemption Bonds. Through ‘SUGAM,’ REC strives to streamline the investment process and elevate the overall experience for both current and potential investors.

Q10.Who has been appointed as the brand ambassador for Reliance’s JioMart?

1. Virat Kohli 
2. Sachin Tendulkar
3. MS Dhoni 
4. Rohit Sharma

Ans:-3)MS Dhoni

• Reliance Retail’s JioMart has enlisted the services of Mahendra Singh Dhoni, India’s cricketing icon, as its brand ambassador. This collaboration coincides with the rebranding of their festive campaign from JioMart to “JioUtsav, Celebrations Of India,” slated to launch on October 8, 2023.
• The JioUtsav initiative is crafted to commemorate India’s vibrant culture, its people, and the diverse festivals that punctuate the nation’s calendar. Taking inspiration from Dhoni’s illustrious career, it acknowledges that he has provided the nation with countless reasons to rejoice through his remarkable cricketing feats.
• JioMart has been progressively extending its footprint in the Indian e-commerce landscape. Whether it’s electronics, groceries, fashion, or home essentials, JioMart aims to offer a comprehensive range of options to cater to every customer’s requirements. Presently, the platform collaborates with over 1000 artisans and boasts a diverse assortment of 150,000 distinctive products.