18-27 October 2019 Current Affairs

Kartarpur Sahib Agreement | Ease of Doing Business | 2 new Maharatna PSUs | Rs. 9 trillion m-cap | BSNL-MTNL merger |

Posted on Oct 27, 2019 10:46 IST in Current Affairs.

User Image
3968 Followers
442 Views

1) The historic agreement to operationalise the historic Kartarpur Corridor to allow Indian Sikh pilgrims to visit the holy Darbar Sahib in Pakistan was signed between India and Pakistan on 24 October 2019. Under the agreement Pakistan government has levied how much fees as a service charge per pilgrim per visit? - $20 (The main point of contention in the signing of the Kartarpur Corridor agreement was the insistence of Pakistan to levy $20 as a service charge per pilgrim per visit. India has consistently urged Pakistan to not levy any fee on the pilgrims. India, however, agreed for the Kartapur Corridor agreement in the interest of the pilgrims and timely opening of the Kartarpur Sahib Corridor before the 550th Prakash Purab. The Darbar Sahib Gurudwara in Narowal district of Pakistan is associated with Sri Guru Nanak Dev, the founder of Sikhism, who had spent more than 18 years of his life at this place and also breathed his last breath in 1539)

.............................................................

2) What is India’s position in the World Bank's Ease of Doing Business 2020 global ranking that was released on 24 October 2019? – 63rd  (India jumped 14 places to the 63rd position on the World Bank's Ease of Doing Business global ranking. India was ranked 142nd among 190 nations when Prime Minister Narendra Modi took office in 2014. Four years of reform pushed up India's rank to 100th in World Bank's 'Doing Business' 2018 report. Last year (in 2019 ranking), the country jumped 23 places to the 77th position on the back of reforms related to insolvency, taxation and other areas)

.............................................................

3) Which two public sector enterprises were accorded the ‘Maharatna’ status by the Union Government during October 2019? – HPCL and Power Grid Corporation Limited (The Union Government on 23 October 2019 accorded ‘Maharatna’ status to state-owned Hindustan Petroleum Corporation Limited (HPCL) and Power Grid Corporation Limited (PGCL). Two separate orders to this effect were issued by the Department of Public Enterprises, under the Ministry of Heavy Industry and Public Enterprises. The grant of Maharatna status to the PSUs will impart enhanced powers to their Boards to take financial decisions. With this the total number of Maharatna PSUs reached 10, which also includes NTPC, ONGC, SAIL, BHEL, GAIL, Indian Oil Corporation Limited (IOCL), Coal India Limited and Bharat Petroleum Corporation Limited (BPCL))

.............................................................

4) During October 2019 which company became first Indian company to cross Rs. 9 trillion market capitalization? – Reliance Industries Limited (The Mukesh Ambani-led Reliance Industries Ltd (RIL) on 18 October 2019 became the first Indian company to cross ₹9 trillion market capitalization. This happened as RIL’s shares rose nearly 2% to hit Rs. 1,423)

.............................................................

5) The Union Cabinet on 23 October 2019 announced of which government-owned entity in another public sector undertaking BSNL? – MTNL (MTNL, formerly Mahanagar Telephone Nigam Limited) will be merged with BSNL (Bharat Sanchar Nigam Limited), as was announced after the Cabinet meeting held on 23 October 2019. The two ailing public sector undertakings will be merged as part of a revival package that includes raising sovereign bonds, monetizing assets and voluntary retirement scheme (VRS) for employees. After the merger, MTNL will act as a subsidiary of BSNL. MTNL is listed but has its net worth already eroded. BSNL is unlisted)

.............................................................

6) Who took over as the 39th President of the Board of Control for Cricket in India (BCCI) on 23 October 2019? – Sourav Ganguly (Former India captain Sourav Ganguly on 23 October 2019 officially took charge as the president of the BCCI and became its 39th President. Ganguly is the second India cricketer after Maharaja of Vizianagaram (1954) to don the role of BCCI president. A day earlier he was elected President of BCCI at the apex body's AGM in Mumbai. Union Home Minister Amit Shah's son Jay Shah was elected the new BCCI secretary as Supreme Court-appointed CoA's 33-month tenure came to an end)

.............................................................

7) Dharma Guardian 2019, the second edition of the joint bilateral military exercise between India and Japan was held during October 2019. This exercise was held at which place in India? - Vairengte, Mizoram and Silchar, Assam (The second edition of bilateral annual military exercise Dharma Guardian - 2019 between Indian and Japanese Army started from 19 October 2019 at Counter Insurgency and Jungle Warfare School (CIJWS) Vairengte, Mizoram. The Japanese contingent is represented by 34th Infantry Regiment, 1st Division of Japanese Ground Self Defence Forces (JGSDF), while the Indian side is represented by a battalion of the Dogra Regiment. The second phase of the exercise was held at Assam’s Silchar from 26 October 2019)

.............................................................

| Current Affairs | Current Affairs 2019 | IAS | SBI | IBPS | Banking | Bank PO | Banking Awareness | Daily Current Affairs | Best Current Affairs | October 2019 | Current Affairs| Current Affairs 2019 | IAS | SBI | IBPS | Banking | Bank PO | Banking Awareness | Daily Current Affairs | Best Current Affairs | 2019 Current Affairs | October 2019 | Kartarpur Sahib Agreement | Ease of Doing Business | 2 new Maharatna PSUs | Rs. 9 trillion m-cap | BSNL-MTNL merger |

Read more