Daily Current Affairs September 21

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs September 21. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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September 21| Daily Current Affairs 2022

Sports – Daily Current Affairs September 21

1. KL Rahul third-fastest to score _____ T20I runs?
A) 1000
B) 2500
C) 1500
D) 3000
E) 2000
Answer: E) 2000

• Indian star opener KL Rahul reached the 2000 run mark in T20 internationals and became the third fastest batter to do so.
• The Indian opener accomplished the feat in the first T20I against Australia at the Mohali ground
• Indian captain Rohit Sharma holds the record of most runs in T20 internationals, scoring 3631 runs in 129 innings with the highest score of 118.
• He has scored four centuries and 28 half-centuries throughout his career.
• Ace batsmen Virat Kohli is second on the list of leading run-scorers and has 3586 runs in 97 innings.
• He recently slammed his maiden T20I century in the Asia Cup 2022 and has 32 half-centuries to go with it.
• He also holds the record of most 50-plus scores in T20Is.

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Banking and Finance – Daily Current Affairs September 21

2. Yes Bank to sell stressed assets worth how many crore to JC Flowers ARC?
A) Rs 45000 crores
B) Rs 43000 crores
C) Rs 48000 crores
D) Rs 47000 crores
E) Rs 44000 crores
Answer: C) Rs 48000 crores

• Yes Bank said its board has approved the sale of stressed assets worth around Rs 48,000 crore to JC Flowers ARC, which has turned out to be the sole bidder for the portfolio.
• The US-based asset reconstruction company (ARC) had in July this year emerged as the base bidder for the proposed sale of the identified stressed loan book of Yes Bank aggregating up to Rs 48,000 crore.

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3. Branchless banking points expansion in North East by which Payment bank?
A) Fino Payment Bank
B) Airtel Payment Bank
C) Paytm Payment Bank
D) NSDL Payment Bank
E) India Post Payment Bank
Answer: A) Fino Payment Bank

• Branchless banking points are being expanded in North Eastern states by Fino Payments Bank in a bid to expand facilities in remote corners, particularly in difficult terrains of the region.
• The bank started operations in June 2017 following RBI’s license to promote digital payments and enable financial inclusion, providing banking services in unbanked and under-banked locations through a branchless network of tech-enabled points, the Bank’s Chief Sales Officer Shailesh Pandey.

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4. RBI lifted prompt corrective action restrictions on Central Bank of India,in which year it was placed?
A) 2016
B) 2017
C) 2015
D) 2014
E) 2018
Answer: B) 2017

• The Reserve Bank of India has removed the Central Bank of India from the Prompt Corrective Action (PCA) framework after it found the bank was not in breach of any parameters.
• But, the bank is being taken out of the restrictions subject to “certain conditions and continuous monitoring”, RBI.
• In June 2017, RBI had reportedly placed Central Bank under PCA due to high net non-performing assets.
• Prompt Corrective Action (PCA) is a framework under which the central bank put financially weak banks under watch.

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5. Which of the following bank signed multi-year data and technology deal with Refinitiv?
A) Yes Bank
B) Federal Bank
C) Axis Bank
D) HDFC Bank
E) ICICI Bank
Answer: D) HDFC Bank

• HDFC Bank signed a multi-year data and technology agreement with Refinitiv, a London Stock Exchange Group business, as the Mumbai-based lender looks to reach more customers and cut costs.
• HDFC Bank, India’s largest private sector lender, will get comprehensive access to Refinitiv’s data and products under the agreement, enabling cost savings across several bank divisions, the companies.
• The terms of the agreement were not disclosed.

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Business and Economy – Daily Current Affairs September 21

6. India expected to be USD 25-trillion economy in how many years?
A) 25 years
B) 35 years
C) 20 years
D) 40 years
E) 30 years
Answer: A) 25 years

• India is expected to be a USD 25-trillion economy in 25 years, veteran banker and chairman of National Bank for Financing Infrastructure and Development K V Kamath.
• Kamath also said that he is ”sceptical” about the crypto currency and does not see any value in such an asset.
• ”The India that I look forward to, 25 years from now, (will be) a USD 25-trillion (economy),” Kamath said at the Morningstar Investment Conference.
• Earlier this month India became the fifth largest economy in the world, only behind the US, China, Japan and Germany.

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7. India’s fintech market to reach $1 trillion by which year?
A) 2025
B) 2040
C) 2030
D) 2045
E) 2035
Answer: C) 2030

• India’s fintech market is expected to reach $1 trillion by 2030, from $31 billion in 2021, Chief Economic Advisor Dr V. Anantha Nageswaran.
• Speaking at the ‘Global Fintech Fest 2022′ (GFF 2022), he noted that a major shift towards a more equitable distribution of investment across sectors including insurtech and wealthech, etc, has started taking place.

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8. India’s GDP likely to grow how many percent in FY23?
A) 7.6-7.9%
B) 7.0-7.8%
C) 7.3-7.7%
D) 7.5-7.6%
E) 7.2-7.4%
Answer: E) 7.2-7.4%

• The global economic slowdown will be a positive for India, and its gross domestic product (GDP) is expected to grow at a rate between 7.2 per cent and 7.4 per cent this financial year, Chief Economic Adviser V Anantha Nageswaran.
• The Reserve Bank of India (RBI) has forecast GDP growth of 7.2 per cent, and the International Monetary Fund (IMF) expects it to be 7.4 per cent.

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9. Sebi finedhow many lakhs on seven individuals for violation of insider trading norms?
A) Rs 5 lakhs
B) Rs 7 lakhs
C) Rs 8 lakhs
D) Rs 9 lakhs
E) Rs 6 lakhs
Answer: B) Rs 7 lakhs

• Markets regulator Sebi imposed penalties totalling Rs 7 lakh on seven individuals for breach of insider trading norms in the shares of Titan Company Ltd.
• The transactions were carried out between April 2018 and March 2019, when they were designated persons/employees of Titan.
• The disclosure was mandatory as the transactions exceeded the market value of Rs 10 lakh.
• Consequently, Sebi slapped a fine of Rs 1 lakh each on Rakesh Rai, Arpit Somani, Rajaram Murugan, Cinnappan Thavaselvi Krishna, Akash Dutta, Mahesh Vilas Ramgir and Bittu Chatterjee.

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10. Tourism sector to contribute how many billion USD to GDP by 2030?
A) $ 400 billion
B) $ 300 billion
C) $ 450 billion
D) $ 250 billion
E) $ 350 billion
Answer: D) $ 250 billion

• The Centre said the country’s tourism sector will strive to recover to the pre-pandemic level by mid-2024 and contribute USD 250 billion to the country’s GDP by 2030.
• The government also said the country intends to achieve USD 1 trillion through the sector — the worst affected sector during the pandemic — by 2047.
• This was announced at the end of the three-day national conference of tourism here, which saw the participation of tourism ministers from various states, and governors and administrators from Union territories, besides senior central government officials.

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Appointments – Daily Current Affairs September 21

11. RBI approved appointment of R Gandhi as non-executive chairman of which of the following bank?
A) Yes Bank
B) Federal Bank
C) Axis Bank
D) HDFC Bank
E) ICICI Bank
Answer: A) Yes Bank

• Yes Bank Non-Executive Chairman: Rama Subramaniam Gandhi
• A seasoned central banker with 37 years of experience, Gandhi was a deputy governor of the Reserve Bank of India (RBI) for three years from 2014 to 2017.
• He also had a three-year secondment to the Securities and Exchange Board of India (SEBI) and also held the charge of Director of the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad.

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Defence – Daily Current Affairs September 21

12. Indian Navy will be completely ‘Atmanirbhar’ by which year?
A) 2035
B) 2050
C) 2047
D) 2037
E) 2035
Answer: C) 2047

• By 2047, we will have a complete indigenous Navy, whether it be ships, or submarines, aircrafts, unmanned systems, weapons, the entire complex.
• ”We will be completely ‘Atmanirbhar’ Navy.

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International Affairs – Daily Current Affairs September 21

13. Essar will invest how many billion USD in steel plant in Saudi Arabia in 3 years?
A) $ 2 billion
B) $ 6 billion
C) $ 3 billion
D) $ 5 billion
E) $ 4 billion
Answer: E) $ 4 billion

• The Essar Group is looking to invest USD 4 billion in setting up an integrated flat steelworks plant in Saudi Arabia in the next three years.
• The plant, which will cost Saudi Riyal 15 billion (USD 4 billion), is scheduled to break ground by this year-end and be completed by the end of 2025, said Amar Kapadia, general manager for corporate planning at Essar.
• The new 4-million tonnes per annum integrated flat steelworks plant will have continuous casting and hot strip capacity, 1-million tonnes of cold rolled coil capacity, and a tin plate line in Ras Al-Khair Industrial City on Saudi Arabia’s east coast.
• The new facility will also have two direct reduced iron plants, each with a 2.5-million tonnes a year capacity.
• Essar signed a memorandum of understanding with the Saudi Arabia’s National Industrial Development Centre (NIDC) in October 2021, and an agreement with the Royal Commission for Jubail and Yanbu (RCJY) for land allocation in December.

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National Affairs – Daily Current Affairs September 21

14. Who among the following addressed ‘Climate Goals: Technological Roadmap to Net Zero’?
A) Rajnath Singh
B) Nitin Gadkari
C) Bhupender Yadav
D) Amit Shah
E) Arjun Munda
Answer: B) Nitin Gadkari

• Union Minister for Road Transport and Highways Shri Nitin Gadkari has emphasized on reduction of logistics cost from 14 – 16% to 10% with cooperation, coordination and communication among stakeholders.
• Addressing program ‘Climate Goals: Technological Roadmap to Net Zero’ he said by reducing logistics cost there will be a great saving and by which 50% increase in exports can be achieved which is very important for our economy.
• We are importing 16 lakh crore of fossil fuel which is creating a lot of pollution.
• Decision has been taken to make 27 green express highways to reduce travel time and by end of December there will be new highways wherein travel time from Delhi to Chandigarh will be 2 1/2 hour, Delhi to Amritsar 4 hours, Delhi to Katra 6 hours, Delhi to Srinagar 8 hours and Delhi to Mumbai 12 hours, Delhi to Jaipur two hours and Chennai to Bangalore also two hours.
• The Minister said Technology, innovation and research are very important for achieving the vision of Prime Minister for making India a 5 trillion dollar economy.
• Addressing AIMA’s 49th National Management Convention – ‘Advantage India: Thriving in the New World Order’ Shri Nitin Gadkari said public transport needs to be encouraged with centre and states working together as a team.
• India has a huge domestic market with young and talented engineering manpower, skilled workforce and low labour cost.
• He stressed on diversification of agriculture into energy and power sector and use of alternative fuels like bioethanol, LNG and bio CNG.
• The Minister said ethics, economy, ecology and environment are the three most important pillars of society.

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15. Which of the following state government to give monthly help of Rs 1,000 to people with 100 per cent disability?
A) Gujarat
B) Assam
C) Odisha
D) Rajasthan
E) Manipur
Answer: D) Rajasthan

• The Rajasthan government has decided to provide a monthly assistance of Rs 1,000 to people with 100 per cent disability in addition to the pension given to them.
• Currently, specially-abled people get a monthly pension of Rs 750 to 1,250 depending on their age.
• There are 21,717 pensioners with 100 per cent disability in the state at present.
• The chief minister had made an announcement in this regard during a discussion on the Finance and Appropriation Bill in the state Assembly earlier this year.

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16. ‘Chhello Show’ is India’s official entry for Oscars 2023 it belongs to which language?
A) Gujarati
B) Assamese
C) Hindi
D) Odia
E) Manipuri
Answer: A) Gujarati

• Gujarati film ”Chhello Show”, a coming-of-age drama about a young boy’s love affair with cinema in a village in Saurashtra, is India’s official entry for the 95th Academy Awards, the Film Federation of India (FFI).

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17. Which of the following state Cabinet decided to legalize the brewing of liquor?
A) Gujarat
B) Assam
C) Odisha
D) Rajasthan
E) Manipur
Answer: E) Manipur

• Manipur Cabinet meeting has decided to legalize the brewing of liquor in the State.
• Speaking to media persons, the Horticulture and Soil Conservation minister Letpao Haokip said that the consumption of liquor brewed illegally affects the health and the meeting decided to legalize brewing of high standard and purified forms of liquor in the State.
• It will decrease the case of liver-related diseases in Manipur.
• He said that the brewing of liquor will be done in selected places in the State.
• Experts from Scotland and Ireland will be invited and discussed on how to brew purified and high-standard liquor and the State would be able to earn around Rupees six hundred crore on liquor exports.
• The minister also said that the liquor will be available at those centres which will be given permission by the Government.

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18. Which of the following state invested Rs 261.50 crore in livelihood action plan & coast regeneration?
A) Gujarat
B) Assam
C) Odisha
D) Rajasthan
E) Manipur
Answer: C) Odisha

• The Odisha government has approved a livelihood action plan worth Rs 261.50 crore for the regeneration of the coastal ecosystem and to enhance climate resilience among people living on the coast.
• The government has decided to implement this community-based action plan from the current year till 2026-27.
• This was decided in the steering committee of the Integrated Coastal Management Society (ICZMS) meeting held under the chairmanship of Chief Secretary SC Mohapatra.

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