Daily Current Affairs – 11 October, 2022

In News Recently, the US Commerce Department is tightening export controls to limit China’s ability to get advanced computing chips, develop and maintain supercomputers, and make advanced semiconductors. About The foreign direct product rule (FDPR) Background: It was first introduced in 1959 to control trading of US technologies. Objective: It essentially says that if a […]

In News World Post Day is annually observed across the globe on 9th October to mark the establishment of the Universal Postal Union(UPU). The theme of World Post Day 2022 is “Post for the Planet”. About Universal Postal Union (UPU) Established in 1874, the second oldest international organization worldwide. Headquarters: the Swiss capital Berne  Functions: […]

Context International Finance Corp has launched the Global Food Security Platform to support the private sector for sustainable production and delivery of food stocks to countries affected by food instability. This 6 billion USD financing facility will help boost the flow of food supplies and other important commodities like fertilizers to vulnerable communities. International Finance […]

 In  News  The Prime Minister, Shri Narendra Modi has paid tributes to Bharat Ratna Nanaji Deshmukh  and Loknayak Jayaprakash Narayan on their birth anniversary. About:  Loknayak Jayaprakash Narayan: He was born on October 11, 1902, in the remote village of Sitabdiara, Bihar. He was  marxist in his youth and   founder general secretary of the […]

In News The Nobel Memorial Prize in Economic Sciences was awarded to Ben S Bernanke, the former chair of the US Federal Reserve, and two other academics (Douglas W. Diamond and Philip H. Dybvig)  for research into banks and financial crises. About The work for which Ben Bernanke, Douglas Diamond and Philip Dybvig are being […]

In News Pakistan has been invited to the closing ceremony, on October 13, of the ongoing Joint Anti-Terror Exercise (JATE). About Manesar Anti-Terror 2022 The National Security Guard is hosting the multinational JATE ‘Manesar Anti-Terror 2022’ under the framework of the SCO Regional Anti-Terrorist Structure(RATS) at the NSG Manesar Garrison. JATE is an annual counter-terrorist […]

In News Recently, the PM addressed the second United Nations World Geospatial Information Congress in Hyderabad. United Nations World Geospatial Information Congress (UNWGIC) The first United Nations World Geospatial Information Congress was held in Deqing, Zhejiang Province, China in 2018. The United Nation Committee of Experts on Global Geospatial Information Management (UN-GGIM) organizes the United […]

In Context A new space Bill — a legal framework for commercial use of space will soon be released. More about the new bill The 2017 Bill: The previous Bill (of 2017) provides for imprisonment of up to three years and fine of over Rs 1 crore if  any activity is undertaken without prior licensing,  […]

Context Every year on 11th October the International Child Day is observed. About the Day 11th October 2022 commemorates the 10th anniversary of the International Day of the Girl (IDG).  The Beijing Declaration and Platform for Action in 1995, proposed an action plan to advance the rights of girls. In 2011, the United Nations General […]

In News The Lancet recently released a new report calling for radical action to end stigma and discrimination in mental health. World Mental Health Day was also celebrated on October 10th. About The new Lancet Commission: It is a grouping of over 50 contributors across the world, including people, academics, policymakers with lived experience of […]