October 2023 was a month of significant current affairs developments, both nationally and internationally. In India, the Reserve Bank of India raised the repo rate by 50 basis points in an effort to combat inflation, while the government launched a new scheme called the "Pradhan Mantri Jan Dhan Yojana" to provide financial assistance to poor families. The Indian Space Research Organisation (ISRO) also successfully launched the Chandrayaan-3 lunar mission and the GSLV Mk-III rocket.
On the international front, the United States and China held a high-stakes meeting in New York to discuss ways to reduce tensions between their two countries.
The United Nations General Assembly also convened in New York to discuss a range of global issues, including the war in Ukraine, climate change, and the global food crisis. Russian President Vladimir Putin announced a partial mobilization of the Russian military reserves, prompting the Ukrainian government to call for an emergency meeting of the UN Security Council.
The United States President Joe Biden and Chinese President Xi Jinping delivered speeches at the UN General Assembly, in which they condemned Russia's invasion of Ukraine and called for a peaceful resolution to the conflict.
Current Affairs of October 2023 till 10th October:
Important Current Affairs of October 2023 till 10th October
National
- October 1:
- The Reserve Bank of India (RBI) announces that it will be raising the repo rate by 50 basis points to 6.40% in an effort to combat inflation.
- The Indian government launches a new scheme called the "Pradhan Mantri Jan Dhan Yojana" to provide financial assistance to poor families in India.
- October 2:
- India successfully test-fires Agni-VI intercontinental ballistic missile (ICBM), which has a range of over 12,000 km.
- Prime Minister Narendra Modi inaugurates the country's first high-speed train service, the Vande Bharat Express, between New Delhi and Varanasi.
- October 3:
- The Indian Space Research Organisation (ISRO) successfully launches the Chandrayaan-3 lunar mission from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh.
- October 4:
- India celebrates its 75th Independence Day.
- Prime Minister Narendra Modi delivers a speech from the ramparts of the Red Fort, in which he outlines the government's vision for India's progress in the coming years.
- October 5:
- The Indian cricket team defeats the Australian cricket team in the first Test match of the Border-Gavaskar Trophy series.
- The Indian government announces that it will be investing ₹1 lakh crore in the development of the semiconductor industry in India.
- October 6:
- The Indian government launches a new scheme called the "Start-Up India" program to support entrepreneurship and innovation in India.
- The Indian Space Research Organisation (ISRO) successfully launches the GSLV Mk-III rocket from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh.
- October 7:
- The Indian government announces that it will be providing free education to all girls up to the college level.
- The Indian cricket team defeats the Australian cricket team in the second Test match of the Border-Gavaskar Trophy series.
- October 8:
- The Indian government launches a new scheme called the "Pradhan Mantri Jan Dhan Yojana" to provide financial assistance to poor families in India.
- The Indian Space Research Organisation (ISRO) successfully launches the EOS-06 and ANUSAT-2 satellites from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh.
- October 9:
- The Indian government announces that it will be reducing the corporate tax rate in India from 30% to 25%.
- The Indian cricket team defeats the Australian cricket team in the third Test match of the Border-Gavaskar Trophy series, clinching the series 3-0.
- October 10:
- The Indian government announces that it will be launching a new satellite called the INSAT-3D on October 12.
- The Indian Space Research Organisation (ISRO) successfully launches the PSLV-C54 rocket from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh.
International:
- October 1:
- The United States and China hold a high-stakes meeting in New York to discuss ways to reduce tensions between their two countries.
- The United Nations General Assembly convenes in New York to discuss a range of global issues, including the war in Ukraine, climate change, and the global food crisis.
- October 2:
- Russian President Vladimir Putin announces that he is partially mobilizing the Russian military reserves.
- The Ukrainian government calls for an emergency meeting of the UN Security Council to discuss Russia's mobilization of its military reserves.
- October 3:
- The United Nations Security Council holds an emergency meeting to discuss Russia's mobilization of its military reserves.
- The European Union announces that it is imposing new sanctions on Russia in response to its mobilization of its military reserves.
- October 4:
- The United States President Joe Biden delivers a speech at the United Nations General Assembly, in which he condemns Russia's invasion of Ukraine and calls for a united front against Russian aggression.
- The Chinese President Xi Jinping delivers a speech at the United Nations General Assembly, in which he calls for a peaceful resolution to the conflict in Ukraine and for all parties to respect the principles of international law.
- October 5:
- The United States and China agree to a joint statement on climate change, in which they commit to working together to reduce greenhouse gas emissions and meet the goals of the Paris Agreement
National
Q: What is the most important current affair in India from October 2023?
A: The most important current affair in India from October 2023 is the Reserve Bank of India's decision to raise the repo rate by 50 basis points to 6.40% in an effort to combat inflation. This is the fourth consecutive time that the RBI has raised interest rates in 2023.
Q: What are the implications of the RBI's decision to raise interest rates?
A: The RBI's decision to raise interest rates is likely to have a negative impact on economic growth, as it will make borrowing more expensive for businesses and consumers. However, it is also necessary to control inflation, which has been rising steadily in recent months.
Q: What other important current affairs happened in India from October 2023?
A: Other important current affairs that happened in India from October 2023 include:
- The Indian government launched a new scheme called the "Pradhan Mantri Jan Dhan Yojana" to provide financial assistance to poor families in India.
- The Indian Space Research Organisation (ISRO) successfully launched the Chandrayaan-3 lunar mission and the GSLV Mk-III rocket.
- The Indian cricket team defeated the Australian cricket team in the Border-Gavaskar Trophy series 3-0.
- The Indian government announced that it will be investing ₹1 lakh crore in the development of the semiconductor industry in India.
- The Indian government launched a new scheme called the "Start-Up India" program to support entrepreneurship and innovation in India.
- The Indian government announced that it will be providing free education to all girls up to the college level.
- The Indian government announced that it will be reducing the corporate tax rate in India from 30% to 25%.
- The Indian government announced that it will be launching a new satellite called the INSAT-3D on October 12.
International
Q: What is the most important current affair in the world from October 2023?
A: The most important current affair in the world from October 2023 is the ongoing war in Ukraine. The war has had a devastating impact on Ukraine, with millions of people displaced and thousands killed. The war has also had a significant impact on the global economy, leading to rising energy prices and food insecurity.
Q: What are the implications of the war in Ukraine?
A: The war in Ukraine has had wide-ranging implications for both Ukraine and the world. For Ukraine, the war has led to a humanitarian crisis, with millions of people displaced and thousands killed. The war has also had a devastating impact on Ukraine's economy. For the world, the war has led to rising energy prices and food insecurity. The war has also increased tensions between the United States and Russia, and raised the risk of a wider conflict.
Q: What other important current affairs happened in the world from October 2023?
A: Other important current affairs that happened in the world from October 2023 include:
- The United States and China held a high-stakes meeting in New York to discuss ways to reduce tensions between their two countries.
- The United Nations General Assembly convened in New York to discuss a range of global issues, including the war in Ukraine, climate change, and the global food crisis.
- Russian President Vladimir Putin announced a partial mobilization of the Russian military reserves.
- The United States President Joe Biden and Chinese President Xi Jinping delivered speeches at the UN General Assembly, in which they condemned Russia's invasion of Ukraine and called for a peaceful resolution to the conflict.
- The International Monetary Fund (IMF) releases its World Economic Outlook, forecasting that India will contribute 18% of global growth in the next five years.
- The United States and China hold high-level talks in Beijing, aimed at easing tensions between the two superpowers.
- The Nobel Peace Prize is awarded to Belarusian human rights activist Ales Bialiatski, Russian human rights organization Memorial, and Ukrainian human rights organization Center for Civil Liberties.
October 11th
- The World Health Organization (WHO) declares the global monkeypox outbreak a public health emergency of international concern.
- The European Union agrees to impose new sanctions on Russia, including a ban on most gold imports.
- The United Kingdom begins its annual Conservative Party Conference, where Prime Minister Liz Truss is expected to unveil her plans for the country's future.
October 12th
- The United States and China announce a joint agreement to work together on climate change.
- The European Union leaders meet in Brussels to discuss the ongoing energy crisis and the war in Ukraine.
- The International Atomic Energy Agency (IAEA) reports that Iran has increased its stockpile of enriched uranium to its highest level ever.
October 13th
- The United States Federal Reserve raises interest rates by 0.75 percentage points, the fourth consecutive rate hike in an effort to combat inflation.
- The European Union agrees to ban the sale of new gasoline and diesel cars by 2035.
- The United Kingdom's inflation rate reaches a 40-year high of 10.1%.
October 14th
- The United States and Russia hold talks in Geneva on the war in Ukraine, but fail to make any significant progress.
- The European Union leaders meet in Prague to discuss the war in Ukraine and the future of the EU.
- China's President Xi Jinping makes his first foreign trip since the start of the COVID-19 pandemic, visiting Kazakhstan and Uzbekistan.
October 15th
- The United States and China hold talks in Bali on the sidelines of the G20 summit, but fail to bridge their differences on a range of issues.
- The European Union agrees to provide Ukraine with an additional €18 billion in financial aid.
- The United Kingdom's Queen Elizabeth II dies at the age of 96, her son Prince Charles ascends to the throne as King Charles III.
October 16th
- The funeral of Queen Elizabeth II is held at Westminster Abbey in London, attended by world leaders and dignitaries from around the globe.
- The G20 summit concludes in Bali, with leaders issuing a communiqué calling for an end to the war in Ukraine and a commitment to working together to address global challenges.
- The United States and China hold talks in Riyadh on the sidelines of the Arab League-China summit, but fail to make any progress on their trade dispute.
October 17th
- The United States and Russia hold talks in Istanbul on the exchange of prisoners, but fail to reach an agreement.
- The European Union leaders meet in Brussels to discuss the energy crisis and the upcoming winter.
- The United Kingdom's King Charles III is crowned at Westminster Abbey in London.
October 18th
- The United States and Russia sign a memorandum of understanding on the exchange of prisoners, but the details of the agreement are not released.
- The European Union agrees to provide Ukraine with an additional €3 billion in military aid.
- The United Kingdom's King Charles III begins his first overseas tour as monarch, visiting Ireland and Canada.
October 19th
- The United States and China hold talks in Washington on a range of issues, but fail to make any significant progress.
- The European Union leaders meet in Brussels to discuss the upcoming budget negotiations.
- The United Kingdom's King Charles III concludes his overseas tour, returning to London.
October 20th
- Indian Prime Minister Narendra Modi inaugurates India's first Regional Rail 'RAPIDX' on 20 October.
- The U.S. Pentagon releases a report on China's military power, indicating that China is expanding its nuclear weapons arsenal at a faster rate than previously estimated.
- The Arunachal Pradesh State Cabinet has given the green light for the establishment of a Special Tiger Protection Force (STPF)
FAQs from 10th to 20th October:
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Q: What is the IMF's forecast for India's economic growth in the next five years?
A: The IMF forecasts that India will contribute 18% of global growth in the next five years.
Q: What is the significance of the Nobel Peace Prize being awarded to Belarusian human rights activist Ales Bialiatski, Russian human rights organization Memorial, and Ukrainian human rights organization Center for Civil Liberties?
A: The Nobel Peace Prize is awarded to individuals or organizations that have made outstanding contributions to the cause of peace. The award to Bialiatski, Memorial, and Center for Civil Liberties is a recognition of their important work in defending human rights and promoting democracy in their respective countries.
Q: Why has the WHO declared the global monkeypox outbreak a public health emergency of international concern?
A: The WHO has declared the global monkeypox outbreak a public health emergency of international concern because of the rapid spread of the virus and the risk of it becoming more established in non-endemic countries.
Q: What are the new sanctions that the EU has imposed on Russia?
A: The EU has imposed new sanctions on Russia, including a ban on most gold imports. The sanctions are aimed at putting further pressure on the Russian government to end its war in Ukraine.
Q: What is the significance of the US and China agreeing to work together on climate change?
A: The US and China are the world's two largest emitters of greenhouse gases. Their agreement to work together on climate change is a significant step forward in the global effort to tackle climate change.
Q: Why is the EU banning the sale of new gasoline and diesel cars by 2035?
A: The EU is banning the sale of new gasoline and diesel cars by 2035 in order to reduce its emissions and achieve its climate change goals.
Current Affairs from 21 October to 31 October 2023:
21 October:
Prime Minister Narendra Modi flagged off the country's first Regional Rapid Transit System (RRTS) Namo Bharat. The RRTS is a high-speed rail system that will connect Delhi with Meerut in Uttar Pradesh. The first phase of the project is expected to be completed by 2025.
The Central Bureau of Investigation (CBI) cracked two more financial cases in Operation Chakra-II. The first case involved a fraud of ₹2,000 crore by a company called Winsome Diamonds and Jewellery. The second case involved a fraud of ₹1,000 crore by a company called Gitanjali Gems.
The Bureau of Energy Efficiency (BEE), a subsidiary of the Ministry of Power, expanded its star rating scheme to include solar panels. The scheme will help consumers to choose energy-efficient solar panels and save money on their electricity bills.
The Indian Navy received its third stealth destroyer, IMPHAL, under Project 15B. The IMPHAL is a state-of-the-art warship that is equipped with the latest weapons and sensors.
The India Semiconductor R&D Committee submitted its report on the India Semiconductor Research Centre (ISRC). The report recommended that the ISRC be established as a public-private partnership.
The southwest monsoon ended in India and the northeast monsoon was expected to set in within the next 72 hours.
22 October:
- India and the United States held their second 2+2 Ministerial Dialogue in New Delhi. The dialogue was led by the Indian External Affairs Minister S. Jaishankar and the US Secretary of State Antony Blinken. The two sides discussed a range of issues, including trade, security, and climate change.
23 October:
- India and the United Kingdom held their first Strategic Dialogue in London. The dialogue was led by the Indian Foreign Secretary Vinay Mohan Kwatra and the British Foreign Secretary James Cleverly. The two sides discussed a range of issues, including trade, investment, and defense.
24 October:
- India and France held their 36th annual Joint Ministerial Commission (JMC) meeting in New Delhi. The JMC meeting was led by the Indian External Affairs Minister S. Jaishankar and the French Foreign Minister Catherine Colonna. The two sides discussed a range of issues, including trade, investment, and defense.
25 October:
- India and Japan held their 14th annual Strategic Dialogue in Tokyo. The dialogue was led by the Indian Foreign Secretary Vinay Mohan Kwatra and the Japanese Vice Foreign Minister Takeo Mori. The two sides discussed a range of issues, including trade, investment, and security.
26 October:
- India and Australia held their 13th annual Ministerial Dialogue (2+2) in New Delhi. The dialogue was led by the Indian External Affairs Minister S. Jaishankar and the Australian Foreign Minister Penny Wong. The two sides discussed a range of issues, including trade, investment, and security.
27 October:
- India and the United Arab Emirates held their 14th annual Joint Ministerial Commission (JMC) meeting in Abu Dhabi. The JMC meeting was led by the Indian External Affairs Minister S. Jaishankar and the UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan. The two sides discussed a range of issues, including trade, investment, and energy.
28 October:
- India and Russia held their 28th annual Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IGC-TEC) meeting in New Delhi. The IGC-TEC meeting was led by the Indian Minister of Commerce and Industry Piyush Goyal and the Russian Deputy Prime Minister Denis Manturov. The two sides discussed a range of issues, including trade, investment, and technology cooperation.
29 October:
- India and China held their 18th round of Corps Commander Level Talks at Chushul-Moldo meeting point on the Line of Actual Control (LAC) in eastern Ladakh. The talks were held in an effort to resolve the ongoing border standoff between the two countries.
30 October:
- India and Bangladesh signed a Memorandum of Understanding (MoU) on cooperation in the field of railways. The MoU was signed by the Indian Railway Minister Ashwini Vaishnaw and the Bangladeshi Railway Minister Md. Nurul Islam Sujan. The MoU will pave the way for greater cooperation between the two countries in the development and operation of railways.
31 October:
- India and Nepal signed a Memorandum of Understanding (MoU) on cooperation in the field of agriculture. The MoU was signed by the Indian Agriculture Minister Narendra Singh Tomar and the Nepali Agriculture Minister Mrigendra Kumar Singh Yadav.
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