Daily Current Affairs August 31

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August 31| Daily Current Affairs 2022

Important Days – Daily Current Affairs August 31

1. On which date National Small Industry Day is celebrated?
A) August 30
B) August 28
C) August 31
D) August 27
E) August 29
Answer: A) August 30

  • Date: August 30
  • Day: National Small Industry Day
  • 1st Observed: 2001

Sports – Daily Current Affairs August 31

2. Who among the followingwere among the host of star Indian wrestlers named for World Senior Championships, Serbia?
A) Ravi Kumar Dhaiya andRinku Singh
B) Ravi Kumar Dhaiya and Vinesh Phogat
C) Bajrang Punia andRavi Kumar Dhaiya
D) Bajrang Punia and Vinesh Phogat
E) Sakshi Malik and Rinku Singh
Answer: D) Bajrang Punia and Vinesh Phogat

  • Bajrang Punia and Vinesh Phogat are among a host of star Indian wrestlers named for the World Senior Championships to be held in Belgrade, Serbia from September 10 to 18.
  • The Indian team was picked after selection trials at SAI Training Centres in Lucknow and Sonepat.

Acquisitions and Mergers – Daily Current Affairs August 31

3. Who among the following approved merger of Aditya Marketing and Manufacturing into Umang Commercial?
A) RBI
B) CCI
C) NABARD
D) SEBI
E) SIDBI
Answer: B) CCI

  • The Competition Commission of India (CCI) approves the merger of Aditya Marketing and Manufacturing Private Limited into Umang Commercial Company Private Limited.
  • Umang Commercial Company Private Limited (Acquirer) is a part of Aditya Birla Group, an Indian multinational conglomerate with presence in more than 30 countries and having businesses in various industry sectors.
  • The Acquirer is an investment holding company and holds shareholding in various entities on behalf of Mr. Kumar Mangalam Birla and / or his family.
  • Consequently, the Acquirer group will acquire control over the below listed and unlisted entities:
    1. Padmavati Investment Private Limited;
    2. Pilani Investment and Industries Corporation Limited;
    3. Century Textiles and Industries Limited;
    4. Century Enka Limited; and
    5. Ganesh Tubes and Services Private Limited.
  • Collectively referred to as the “Proposed Combination”.
Titbits

Competition Commission of India (CCI):

Founded: 14/10/2003
HQ: New Delhi
Chairman: Ashok Kumar Gupta


4. How many percent of stake acquiredby SIIC in Olam Agri?
A) 53.34%
B) 53.43%
C) 35.43%
D) 45.43%
E) 35.43%
Answer: E) 35.43%

  • The Competition Commission of India (CCI) approves acquisition of shares in Olam Agri Holdings Pte. Ltd. by SALIC International Investment Company.
  • The proposed combination pertains to acquisition of 35.43% stake in Olam Agri Holdings Pte. Ltd. (Olam Agri / Target) by SALIC International Investment Company (SIIC / Acquirer).

Appointments – Daily Current Affairs August 31

5. Who among the following appointed as CEO of Vodafone Idea limited?
A) Akshaya Moondra
B) Suchitra Durai
C) Nagesh Singh
D) Rajwinder Singh Sandhu
E) Ravinder Takkar
Answer: A) Akshaya Moondra

  • Company: Vodafone Idea limited
  • MD & CEO: Akshaya Moondra (chief financial officer)
  • Non-executive director: Ravinder Takkar (Previous MD & CEO)
  • The company held its 27th AGM (annual general meeting).
Titbits

Vodafone Idea limited:

Founded: 31/08/2018
HQ: Mumbai (Corp) Gandhinagar (Reg)
Chairman: Himanshu Kapania
CEO: Akshaya Moondra


6. Who among the following appointed as India’s ambassador to Thailand?
A) Akshaya Moondra
B) Suchitra Durai
C) Nagesh Singh
D) Rajwinder Singh Sandhu
E) Ravinder Takkar
Answer: C) Nagesh Singh

  • Country: Thailand
  • Position: Ambassador
  • Appointed: Nagesh Singh (Joint Secretary in the Ministry of External Affairs)
  • Succeeded: Suchitra Durai
Titbits

Thailand:

Capital: Bangkok
Currency: Thai Baht (THB)
Monarch: Vajiralongkorn
Prime Minister: Prawit Wongsuwan (acting)
Language: Thai


7. Who among the following will continue as Chief of Operations of Air India?
A) Akshaya Moondra
B) Suchitra Durai
C) Nagesh Singh
D) Rajwinder Singh Sandhu
E) Ravinder Takkar
Answer: D) Rajwinder Singh Sandhu

  • Company: Air India
  • Position: Chief of Operations
  • Appointed: Captain Rajwinder Singh Sandhu (Will Continue)
Titbits

Air India:

Founded: 15/10/1932
Commenced Operation: 29/07/1946
HQ: New Delhi
Chairman: Natarajan Chandrasekaran
CEO & MD: Campbell Wilson


Defence – Daily Current Affairs August 31

8. Who among the following unveiled new ensign of Indian Navy during commissioning of INS Vikrant?
A) President
B) Defence Minister
C) Vice-President
D) Prime Minister
E) Chief of Naval Staff
Answer: D) Prime Minister

  • Prime Minister Narendra Modi will unveil a new ensign of the Indian Navy during the commissioning of the country’s first indigenously-built aircraft carrier — INS Vikrant on September 2.
  • The Prime Minister will commission INS Vikrant at Cochin Shipyard Limited in Kochi and during the event, he will also unveil the new Naval Ensign (Nishaan), doing away with the colonial past.
Titbits

Indian Navy:

Founded: 26/01/1950
HQ: New Delhi
Motto: May the lord of water be auspicious unto us
Navy Day: December 4


International Affairs – Daily Current Affairs August 31

9. Union Cabinet approved signing of MoU with which of the following countryon biodiversity conservation?
A) Netherlands
B) Bangladesh
C) France
D) Canada
E) Nepal
Answer: E) Nepal

  • The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved an environment ministry proposal for signing a Memorandum of Understanding with Nepal on biodiversity conservation.
  • The MoU would help in promoting cooperation between India and Nepal in the field of forests, wildlife, environment, biodiversity conservation and climate change, including restoration of corridors and interlinking areas, and sharing knowledge and best practices, the Ministry of Environment, Forest and Climate Change.
  • The region along the Indo-Nepal border hosts some of the best wildlife habitats remaining in the Indian subcontinent.
Titbits

Nepal:

Capital: Kathmandu
Currency: Nepalese Rupee
President: Bidya Devi Dhandari
Prime Minister: Sher Bahadur Deuba
Language: Nepali


10. Indiaand which of the following country helddialogue on UNSC?
A) Netherlands
B) Bangladesh
C) France
D) Canada
E) Nepal
Answer: C) France

  • India and France held the consultations on UN Security Council and agreed to strengthen ongoing cooperation at the multilateral platform on issues of mutual interest, according to the statement released by the Ministry of External Affairs.
  • Prakash Gupta, Joint Secretary (UN-Political) led the Indian delegation, including the officials from the Embassy of India in Paris.
  • Meanwhile, the French delegation was led by Ambassador Fabien Penone, Director for International Organization, Human Rights and Francophonie Department of Ministry for Europe and Foreign Affairs (MEAE) of France along with other senior officials.
  • Both sides had briefed each other about their priorities during France and India’s upcoming Presidencies of the UNSC in September and December 2022, respectively.
  • They also held discussions on initiatives around the High-Level Week of the upcoming 77th Session of the UN General Assembly in September 2022.
Titbits

France:

Capital: Paris
Currency: Euro (EUR)
President: Emmanuel Macron
Prime Minister: Elisabeth Borne
Language: French


11. Tata Steel will invest over 65 million euros for hydrogen-based steel manufacturing in which of the following country?
A) Netherlands
B) Bangladesh
C) France
D) Canada
E) Nepal
Answer: A) Netherlands

  • Tata Steel will invest more than 65 million euros for hydrogen-based steel manufacturing in the Netherlands.
  • Hydrogen has the potential to decarbonise steel manufacturing.
  • Tata Steel has inked pacts with three firms — McDermott, Danieli and Hatch — for the further technical preparations for hydrogen-based steel manufacturing in the Dutch city of Ijmuiden.
  • All three companies have their own specific proficiency that is needed together to assist Tata Steel in hydrogen-based steel manufacturing.
  • The cost for this first development step is in excess of 65 million euros and will result in an engineering package that forms the basis for a final permitting and project planning.
  • The overall project is led by the Tata Steel internal project and sustainability team, with close support from the main delivery partners.
  • McDermott is responsible for the construction input and support of the technical project management.
  • Danieli will oversee the engineering design of the plant and technology that delivers the Direct Reduced Iron (DRI), the first step in the iron-making process.
  • Hatch is the technology licensor of the electric furnaces that melt the DRI and help reduce the oxygen content further, thereby improving the final steel quality.
  • The REF and DRI plants are closely combined to form an integrated production system.
Titbits

Netherlands:

Capital: Amsterdan
Currency: Euro (EUR)
Monarch: Willem-Alexander
Prime Minister: Mark Rutte
Language: Dutch


National Affairs – Daily Current Affairs August 31

12. Who among the following launched virtual school?
A) Bhagwant Mann
B) Pinarayi Vijayan
C) Chandrashekar Rao
D) Arvind Kejriwal
E) Mamata Banerjee
Answer: D) Arvind Kejriwal

  • Delhi Chief Minister Arvind Kejriwal launched a virtual school and said students from across the country will be eligible for admission.
  • The application process for the Delhi Model Virtual School (DMVS) began.
  • The school is for classes 9-12.
Titbits

New Delhi:

Capital: Delhi
CM: Arvind Kejriwal
Lieutenant Governor: Vinai Kumar Saxena
Language: Hindi
National Park: –
Wildlife Sanctuary: –
Ramsar Site: –
Tiger Reserve: –
Power Station: –
Dams: –
RRB: –
UNESCO Site: Humayun’s Tomb,Qutb Minar,Red Fort


13. Cabinet approved raising procurement ceiling for tur, urad and masur under how many schemes?
A) 5
B) 3
C) 6
D) 2
E) 4
Answer: D) 2

  • The Centre raised the procurement ceiling for tur, urad and masur under the PSS scheme and also decided to dispose of 15 lakh tonnes of chana procured under its two programmes to states at a discounted rate.
  • The decision in this regard was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi.
  • Price Support Scheme (PSS), under the Agriculture Ministry, is operationalised only when prices of agri-produce fall below the minimum support price (MSP).
  • On the other hand, Price Stabilisation Fund (PSF), which is under the Food Ministry, commodities are purchased at market prices.
  • CCEA has approved enhancement of ceiling on the quantity of procurement under PSS from existing 25 per cent to 40 per cent in respect of tur, urad and masur.

14. Who among the following laid foundation stone of Kochi Metro Phase 2, inaugurated Phase 1 A?
A) Chief Minister of Kerala
B) Prime Minister
C) Governor of Kerala
D) Defence Minister
E) Home Minister
Answer: B) Prime Minister

  • Prime Minister Narendra Modi laid the foundation stone of Kochi Metro Phase 2, informed Kochi Metro Rail Limited (KMRL).
  • The PM will visit Karnataka and Kerala on September 1 and 2 to commission the first indigenous aircraft carrier INS Vikrant at Cochin Shipyard Limited in Kochi and will inaugurate and lay the foundation stone of projects worth around Rs 3,800 crores in Mangaluru.
  • He will also inaugurate phase 1 A of the metro project, the first stretch from SN junction to Vadakkekotta.
  • The ceremony will be held at the Cochin International Airport Limited (CIAL) trade fair and exhibition centre in the presence of Kerala Governor Arif Muhammed Khan and Chief Minister Pinarayi Vijayan.
  • The proposed Phase 2 corridor of Kochi Metro Rail Project is from JLN stadium metro station to Infopark, Kakkanad will cover 11.2 km.
  • The phase 2 stretch will have 11 metro stations.
  • Phase 1 extension is the first stretch of work directly taken up by Kochi Metro Rail Limited.
  • With the inauguration of Phase IA, Kochi Metro will cover a distance of at least 27 km with 24 stations.

15. Economic Advisory Council to PM(EAC-PM) released competitiveness roadmap for India@100,who is the chairman of EAC-PM?
A) Bibek Debroy
B) Christian Ketels
C) Sanjeev Sanyal
D) Amit Kapoor
E) Michael E Porter
Answer: A) Bibek Debroy

  • The Economic Advisory Council to the Prime Minister (EAC-PM) released the Competitiveness Roadmap for India@100.
  • The roadmap, which is a part of the India Competitiveness Initiative, was released in the presence of Bibek Debroy, Chairman, EAC-PM, Sanjeev Sanyal, Member, EAC-PM, and the members of the stakeholders group formed as part of the initiative.
  • The roadmap is a collaborative endeavour between the EAC-PM and The Institute for Competitiveness and is developed by Amit Kapoor, Chair, Institute for Competitiveness, Professor Michael E Porter and Dr Christian Ketels of Harvard Business School.
  • It envisions setting new guiding principles for the country’s growth journey over the following years and guiding different states, ministries and partners in India’s growth to develop sector-specific roadmaps for achieving targeted goals.
  • According to EAC-PM, the Competitiveness approach puts forth the idea of productivity as a driver of sustained prosperity.
  • It emphasizes the context that a nation is able to provide firms to be more productive and for individuals to be able to partake in the value generated through their productivity.
  • Based on this approach, the India@100 roadmap guides the way for India to become a high-income country by 2047 through sector-specific and region-specific policies based on the ‘4 S’ principles.
  • The roadmap sets out to give new guiding principles that are based on clearly defined overall goals and the articulation of a new development approach embedded in integrating social and economic agendas.
  • The ‘4 S’ guiding principles redefine our approach to attaining prosperity by stressing the need for prosperity growth to be matched by social progress, to be shared across all regions within India, to be environmentally sustainable, and to be solid in the face of external shocks.
  • By capturing these four important aspects, the ‘4 S’ guiding principles pave the way for resilient and holistic development.

16. PCIM&H and IPC signed MoU for cooperation to facilitate One Herb, One Standard,IPC comes under which ministry?
A) Ministry of Ayush
B) Ministry of Finance
C) Ministry of Health & Family Welfare
D)) Ministry of Tribal affairs
E)) Ministry of Commerce
Answer: C) Ministry of Health & Family Welfare

  • Ministry of Ayush has taken a significant step to achieve “One Herb, One Standard”.
  • A Memorandum of Understanding (MoU) was signed between Pharmacopoeia Commission for Indian Medicine and Homoeopathy (PCIM&H) under Ministry of Ayush and Indian Pharmacopoeia Commission (IPC) under Ministry of Health & Family Welfare in New Delhi for Inter-Ministerial cooperation for promotion and facilitation of “One Herb, One Standard”.
  • Prof (Vaidya) P. K. Prajapati, Director (In-Charge), PCIM&H and Shri Rajeev Singh Raghuvanshi, Secretary-cum-Scientific Director signed the MoU in the presence of Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush.
Titbits

Ministry of Ayush:

Union Minister: Sarbananda Sonowal (Rajya Sabha MP,Assam)
Minister of State: Mahendra Munjapara (Surendranagar,Gujarat)

Ministry of Health and Family Welfare:

Union Minister: Mansukh L. Mandaviya (Rajya Sabha MP,Gujarat)
Minister of State: Bharati Pawar (Dindori,Maharashtra)


17. How many railway stations to get drinking water from air?
A) 9
B) 8
C) 7
D) 5
E) 6
Answer: E) 6

  • A UN recognised technology that generates water from the air will now provide drinking water at six railway stations in the Mumbai Division of Central Railways.
  • Meghdoot, an atmospheric water generator (AWG), is a device that extracts water from ambient air using the science of condensation.
  • This water will now be provided in kiosks at railway stations.
  • Maithri Aquatech Pvt Ltd. has been awarded a contract for setting up 17 Meghdoot atmospheric water generator kiosks in the Mumbai Division of Central Railway under the ‘New, Innovative Non-Fare Revenue Ideas Scheme’ (NINFRIS) for five years.
  • The Railways will be paid a license fee of Rs 25.5 lakh per annum (Rs 1.5 lakh per year for each kiosk) for the kiosks at six station premises.
  • While Chhatrapati Shivaji Maharaj Terminus (CSMT) and Dadar will get five kiosks each, Kurla will have one, Thane will get four and Ghatkopar and Vikhroli will get one each.

Over All Review

Important Days

  • National Small Industry Day celebrates on 30th August.

Sports 

  • Bajrang and Vinesh are among a host of star Indian wrestlers named for World Senior Championships, Serbia.

Acquisitions and Mergers

  • CCI approves merger of Aditya Marketing and Manufacturing into Umang Commercial.
  • CCI approves acquisition of 35.43% stake in Olam Agri by SIIC.

Appointments

  • VIL shareholders approve elevation of Moondra as CEO; Takkar becomes non-executive director.
  • Nagesh Singh appointed India’s ambassador to Thailand.
  • Capt R S Sandhu to continue as Chief of Operations of Air India.

Defence

  • PM Modi to unveil new ensign of Indian Navy during commissio.ning of INS Vikrant.

International Affairs

  • Union Cabinet approves signing of MoU with Nepal on biodiversity conservation.
  • India-France dialogue on UNSC, multilateral issues held in Paris.
  • Tata Steel to invest over 65 million euros for hydrogen-based steel manufacturing in Netherlands.

National Affairs

  • Kejriwal launches virtual school; students to be prepared for JEE, NEET.
  • Cabinet approves raising procurement ceiling for tur, urad and masur under two schemes.
  • PM Modi to lay foundation stone of Kochi Metro Phase 2, inaugurate Phase 1 A on Sept 1.
  • Economic Advisory Council to PM releases competitiveness roadmap for India@100.
  • PCIM&H and IPC sign MoU for cooperation to facilitate One Herb, One Standard.
  • Six railway stations to get drinking water from air.

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