Current Affairs – October 19 2023. Read and Download daily, the latest Current Affairs Quiz 2023 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month-wise Daily Current affairs 2023 PDF and Current affairs quiz PDF .
Current Affairs – October 19 2023
1. Tamil Nadu’s AI-Powered Elephant Protection System Aims to Prevent Train Collisions
Tamil Nadu is nearing the completion of its pioneering artificial intelligence (AI)–based early warning system designed to safeguard wild elephants from train collisions.
This innovative project is being implemented along the Ettimadai–Walayar railway section, serving as an additional layer of protection for these majestic pachyderms.
Tamil Nadu’s AI-based early warning system stands as a remarkable initiative to preserve the lives of wild elephants and reduce the risks associated with train collisions.
As the final stages of implementation are underway, it is anticipated that this system will play a pivotal role in safeguarding the precious wildlife in the Ettimadai–Walayar region, demonstrating the harmonious coexistence of technology and conservation.
2. Google and Qualcomm partner to make RISC-V chip for wearable devices
The partnership between Qualcomm and Google to produce wearable devices based on RISC-V technology marks a significant step in the development of open-source hardware and its application in consumer electronics.
By utilizing RISC-V technology, Qualcomm aims to challenge the dominance of proprietary technologies, particularly those provided by British chip designer Arm Holdings.
The roots of open-source technology can be traced back to the early days of computing when programmers and developers often shared and collaborated on their work.
3. Federal Bank Launched ‘Mookkannoor Mission’ Initiative At Its Founder’s Village
On the occasion of the 106th birth anniversary of its visionary founder, K.P Hormis yesterday, the Federal Bank recently inaugurated the ‘Mookkannoor Mission,’ a groundbreaking initiative designed to drive change and progress in the village of Mookkannoor, located in the Ernakulam district of Kerala.
This initiative is a testament to the bank’s commitment to community development, environmental sustainability, and digital transformation, aligning perfectly with the ideals of its illustrious founder.
4. Sanjay Kulshreshtha named as new Chairman and Managing Director of HUDCO
Sanjay Kulshrestha has joined as the Chairman & Managing Director of the HUDCO from 16th October 2023. He is an electrical engineer with over 32 years of expertise in Infrastructure Financing, Hedging, Risk Management, ALM, thermal power plant management, Power Sector Project Financing, etc.
For the first 15 years, he has worked in the areas of power project execution, high voltage substations, and transmission lines in both the State as well as Private sectors.
5. India to Invest ₹143 Lakh Crore in Infrastructure by 2030
India is gearing up for a substantial infrastructure spending spree, with a plan to invest nearly ₹143 lakh crore between fiscal years 2024 and 2030. This represents more than double the ₹67 lakh crore spent on infrastructure over the past seven financial years starting from 2017.
The rating agency CRISIL shared this information in its Infrastructure Yearbook 2023, underlining the significance of this ambitious undertaking.
