Summary of 26 OCTOBER CURRENT AFFAIRS 2024 | ALL EXAMS IMP. CURRENT AFFAIRS | ASHISH GAUTAM SIR
Video Summary
The video presented by Ashish Gautam on October 26, 2024, discusses several important current affairs relevant for exams. Key highlights include:
- Banking Updates: The Reserve Bank of India has approved the reappointment of Amitabh Chaudhary as the MD & CEO of X Bank for a third term, effective January 1, 2025. This is noteworthy as it reflects confidence in his leadership.
- Pradhan Mantri Mudra Yojana: The government has introduced a new category under the Mudra scheme, known as Tarun Plus, which allows for loans up to ₹20 lakh for entrepreneurs who have successfully repaid previous loans. This aims to support small businesses without requiring collateral, backed by a Credit Guarantee Fund.
- Economic Projections: The National Institute of Public Finance and Policy (NIPFP) has revised India's GDP growth forecast down to 6.9-7.1% for the current fiscal year, a decrease from earlier estimates. Various organizations like the IMF and World Bank have projected growth rates around 7%.
- International Relations: Germany has significantly increased its visa quota for skilled Indian professionals from 20,000 to 90,000, highlighting a growing demand for Indian talent in Germany.
- Infrastructure Projects: The European Investment Bank has committed €300 million for the Bengaluru Sub Urban Railway Project, which will enhance urban mobility in the region.
- Renewable Energy Initiatives: The Asian Development Bank has approved a loan of $434.2 million to Assam for solar energy projects, aiming to increase renewable energy capacity.
- Sports Achievements: Indian chess player Arjun Erigaisi has achieved a significant milestone by crossing the 2800 Elo rating mark, becoming the second Indian to do so after Viswanathan Anand. Additionally, Rani Rampal, a prominent figure in women's hockey, announced her retirement.
- Defense Developments: The Indian Navy launched its seventh anti-submarine warfare vessel, named 'Abhay', as part of a contract for eight such vessels.
- Space Exploration: ISRO has signed an agreement with the Department of Biotechnology to conduct biological experiments in space, contributing to India's future space missions.
- Technological Collaborations: A partnership between India AI and Meta has been established to create a Center for Generative AI at IIT Jodhpur, aiming to enhance research and development in AI.
The video emphasizes the importance of these updates for competitive exams and encourages viewers to stay informed.
Presenters/Contributors
Notable Quotes
— 03:02 — « Dog treats are the greatest invention ever. »
— 16:46 — « Necessity is the mother of invention; the day the necessity comes, my friend, I am telling you, you will run. »
— 20:35 — « The taste of richness is when you have seen poverty; the joy of life is only when you have been down and then rising up from there. »
— 40:40 — « The purpose of bringing NDC is to break their joy dominance. »
— 46:04 — « It is very important to create that ecosystem, some things. »
Category
News and Commentary