October 2021

UPSC Daily Current Affairs Quiz 7 October 2021

With reference to the Industrial Park Ratings System Report, consider the following statements:

With reference to the Industrial Park Ratings System Report, consider the following statements: 1. 90 Industrial Parks have been rated as under challenger category while 185 have been reated as under “Aspirers”. 2. The second edition of the Industrial Park Rating System(IPRS) Report was launched by the Ministry of Finance. Choose the correct option: A.

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Kotak Bank gets approval from the government to collect direct and indirect taxes

Kotak Bank gets approval from the government to collect direct and indirect taxes

Kotak Mahindra Bank Limited (KMBL) has announced that it has received approvals from the Government of India for the collection of direct and indirect taxes such as income tax and goods and services tax through its banking network. With this, the bank becomes the first scheduled private sector bank to receive approval after the announcement by Finance Minister Nirmala Sitharaman allowing all banks to

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Benjamin List and David WC MacMillan wins 2021 Nobel Prize in Chemistry

Benjamin List and David WC MacMillan wins 2021 Nobel Prize in Chemistry

The Nobel Prize in Chemistry for the year 2021 has been awarded jointly to Benjamin List (Germany) and David MacMillan (the USA) “for the development of asymmetric organocatalysis”. Benjamin List and David WC MacMillan won the 2021 Nobel Prize in Chemistry for the development of asymmetric organocatalysis. The duo developed a precise new tool for molecular construction, which had a great

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Moody’s upgrades India’s rating outlook to ‘stable’ from ‘negative’

Moody’s upgrades India’s rating outlook to ‘stable’ from ‘negative’

Rating agency Moody’s Investors Service has upgraded India’s sovereign rating outlook to ‘stable’ from ‘negative’ , on October 05, 2021, following an improvement in the financial sector and faster-than-expected economic recovery across sectors. However, Moody’s had retained India’s sovereign rating at Baa3.  “Following a deep contraction of 7.3% in fiscal 2020 (ending March 2021), Moody’s expects India’s real GDP to surpass

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