Daily Current Affairs September 05

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 05. 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 05| Daily Current Affairs 2023

Important Days – Daily Current Affairs September 05

1. On which date is the International Day of Charity celebrated annually?
A) 1st October
B) 15th August
C) 10th December
D) 5th September
E) 20th July
Answer: D) 5th September

  • International Day of Charity is celebrated every year on 5 September.
  • The day has been established by the United Nations with an intention to promote and encourage charity and philanthropy across the globe.
  • It also commemorates the death anniversary of Mother Teresa – a Noble Prize winner for her heroic acts of kindness, charity, and struggle against poverty.
  • In 2011, the Hungarian Parliament and Government backed the creation of the International Day of Charity as a civil society initiative in Hungary.
  • The day’s objectives are to encourage philanthropy, social responsibility, and intergroup harmony.
  • Mother Teresa of Calcutta was given the Nobel Peace Prize in 1979 for her work in the fight to alleviate poverty and suffering, which also pose a threat to peace. The date of September 5 was chosen to honor her death anniversary.
  • According to her obituary, Mother Teresa of Calcutta passed away on September 5.
  • In response to a request from Hungary, the United Nations General Assembly overwhelmingly approved a resolution on December 17, 2012, proclaiming September 5 as the International Day of Charity.

Teacher’s Day

  • Every year on September 5th, we celebrate Teacher’s Day to honour the birth anniversary of Dr.SarvepalliRadhakrishnan.
  • ShikshakDiwas, or Teachers’ Day, is celebrated every year across the world. India celebrates Teachers’ Day on a different day from the world, which celebrates World Teachers’ Day on October 5.
  • He was the first Vice President of India and become the second President after succeeding Dr.RajendraPrashad.

Sports – Daily Current Affairs September 05

2. Who was crowned the women’s rapid champion at the Tata Steel Chess event in Kolkata, India?
A) Humpy Koneru
B) VishwanathanAnand
C) ViditGujrathi
D) P. Harikrishna
E) DivyaDeshmukh
Answer: E) DivyaDeshmukh

  • India’s DivyaDeshmukh was crowned the women’s rapid champion at the 5thTata Steel Chess in Kolkata, West Bengal
  • Date : August 31 – September 9, 2023
Rank Player Country Score
1 DivyaDeshmukh India 7
2 JuWenjun China 6.5
3 PolinaShuvalova Russia 5.5

Obituary – Daily Current Affairs September 05

3. Who was the ISRO scientist known for her role as the voice behind the Chandrayaan-3 countdown, and who recently passed away?
A) K. Radhakrishnan
B) K. Sivan
C) N. Valarmathi
D) A. S. Kiran Kumar
E) V. Narayanan
Answer: C) N. Valarmathi

  • N Valarmathi, the scientist and distinctive voice behind the Indian Space Research Organisation’s (ISRO) launch countdowns, passed away
  • She voiced the launch of India’s first successful mission, Chandrayaan-3, which ultimately became her final one.
  • India became the first country to land on the south pole of the moon in August as Chandrayaan-3 touched down on the lunar surface.
  • It is also the fourth country – after the US, China, and Russia – to have successfully landed on the moon’s surface.

4. Who recently passed away, and was a former captain of the Zimbabwe national cricket team?
A) Heath Streak
B) Brendan Taylor
C) TatendaTaibu
D) Sean Williams
E) Hamilton Masakadza
Answer: A) Heath Streak

  • Former Zimbabwe captain Heath Streak died at the age of 49
  • Streak, who played 65 Tests and 189 ODIs for Zimbabwe from 1993-2005, was battling liver cancer for a long time
  • Streak is a highly decorated cricketer of his time, playing 65 test matches for the national team.
  • In Test cricket, Streak claimed 216 wickets and scored one century and 11 half-centuries for Zimbabwe. In 189 ODIs, he bagged 239 wickets and made 2,943 runs with 13 fifties.
  • He is the highest wicket-taker for Zimbabwe by a long margin in both Tests and ODIs.
  • In 68 ODIs as captain, he led Zimbabwe to win in 18 and lost 47 while three finished without any result.
  • In 21 Tests, Streak captained Zimbabwe to wins in four while they lost 11 and drew six.
  • Streak debuted in test cricket in 1993 against Pakistan in Karachi, and his last appearance in the longer format for the national team was in 2005 against India.
  • In 2000, Streak assumed the role of Zimbabwe’s captain
    In April 2004, he stepped down after the cricket board failed to provide selection assurances.
  • His association with the Indian Cricket League in 2008 signaled the end of his international career.
  • In 2009, he took the position of Zimbabwe’s bowling coach.
  • In 2021 Streak was handed an eight-year ban from all cricketing activities for breaching the ICC’s anti-corruption policy.

Banking and Finance – Daily Current Affairs September 05

5. Shivalik Small Finance Bank has entered into a partnership with which fintech infrastructure firm to provide digital products?
A) Paytm
B) PhonePe
C) Falcon
D) Zerodha
E) Razorpay
Answer: C) Falcon

  • Shivalik Small Finance Bank has announced its partnership with fintech infrastructure company Falcon to offer virtual products like digital fixed deposits for its consumers.
  • Falcon enables banks and technology companies to develop futuristic and industry-first financial products such as fully digital and instant digital FDs and savings accounts, among other upcoming product lines
  • Shivalik’s next-gen platform, powered by Falcon’s technology, drastically minimizes the cost and time required for product launches by the bank and its partners.
Titbits

Shivalik Small Finance Bank:

Headquarters : Saharanpur, Uttar Pradesh
MD& CEO : Mr. Anshul Swami
Tagline : A Bank For Your Welfare


6. Which two banks have signed MoUs with IREDA for co-financing Renewable Energy projects?
A) State Bank of India and Punjab National Bank
B) Union Bank of India and Bank of Baroda
C) HDFC Bank and ICICI Bank
D) Axis Bank and Kotak Mahindra Bank
E) Canara Bank and IDBI Bank
Answer: B) Union Bank of India and Bank of Baroda

  • In another step towards accelerating the growth of renewable energy in India, Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB)
  • These agreements will empower IREDA to collaborate with UBI and BoB, in co-lending and loan syndication for a wide range of renewable energy projects, including both established and emerging RE technologies.
Titbits

Union Bank of India:

Headquarters : Mumbai, Maharashtra
MD & CEO : A. Manimekhalai
Tagline: Good People to Bank with

Bank of Baroda:

Hq: Vadodara, Gujarat
MD and CEO : Debadatta Chand
Tagline : India’s International Bank


7. What is the name of the ground-breaking savings plan introduced by Bajaj Allianz Life?
A) Bajaj Allianz Life Saver Plus
B) Bajaj Allianz Life Secure Savings
C) Bajaj Allianz Life ACE
D) Bajaj Allianz Life Future Wealth Plan
E) Bajaj Allianz Life Income Assure Plan
Answer: C) Bajaj Allianz Life ACE

  • Bajaj Allianz Life has introduced a ground-breaking savings plan named Bajaj Allianz Life ACE.
  • The plan is set to revolutionize the way customers approach their financial goals with its unique and innovative features.
  • Bajaj Allianz Life ACE is a non-linked, participating, early-income life insurance plan designed to offer enhanced flexibility to customers in tailoring their cash flows according to their individual financial needs
  • Customers can opt to receive income right from the start of the policy or defer it for up to 5 years, allowing them to tailor the plan according to their financial needs and circumstances
  • Early or Deferred Income Option: Customers can opt to receive income right from the start of the policy or defer it for up to 5 years, allowing them to tailor the plan according to their financial needs and circumstances.
  • Income Tenure: The plan offers flexibility in choosing the income tenure, ranging from a minimum of 10 years up to the age of 100 years.
Titbits

Bajaj Allianz Life Insurance:

Hq: Pune, Maharashtra
MD & CEO : TarunChugh


8. How many micro food processing units are the Andhra Pradesh Food Processing Society (APFPS) and the State Bank of India (SBI) aiming to support and upgrade in the state?
A) 5,000
B) 6,000
C) 7,000
D) 7,500
E) 8,000
Answer: D) 7,500

  • The Andhra Pradesh Food Processing Society (APFPS) and the State Bank of India (SBI) have entered into an agreement to upgrade and support the establishment of at least 7,500 micro food processing units in the state.
  • This agreement will be executed in the ongoing 2023-24 fiscal under the Prime Minister Formalisation of Micro Food Processing Enterprises (PMFME) scheme.
  • As part of this deal, SBI will offer collateral-free loans of up to Rs 10 lakh to eligible beneficiaries, following the guidelines of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) under the Agri Infrastructure Fund.
  • SBI has already sanctioned over 500 loans under the PMFME scheme in the previous fiscal, emerging as a major lending partner in this endeavour.
  • It has also agreed to support promotion of food processing units through this collaboration with farmer producer organisations (FPO).
  • Besides loans, the banking behemoth will provide necessary working capital loans for successful operation of supported enterprises.
  • Streamlined loan processing with minimum documentation and processing time, attractive interest rates and others are some more benefits under this agreement.
Titbits

State Bank of India:

Headquarters : Mumbai, Maharashtra
Chairman : Dinesh Kumar Khara
Tagline : With You all the way, Pure Banking Nothing Else, The Nation Bank on Us, The Banker to Every Indian, A Bank of the Common Man


9. Indian Bank has partnered with which technology company to deploy new front-end banking applications?
A) Microsoft
B) Google
C) IBM
D) Infosys
E) TCS (Tata Consultancy Services)
Answer: C) IBM

  • Public sector Indian Bank has collaborated with Nasdaq-listed IBM to deploy future ready infrastructure to enhance scalability and agility.
  • The city-headquartered bank wanted to consolidate its front branch servers for better manageability and availability at Data Centres and Disaster Recovery centres under their ‘Project Paradise’ initiative.
  • Project Paradise initiative of Indian Bank refers to — Performance Augmentation by Resource Aggregation in Distributed Environment.
  • IBM has collaborated with Indian Bank, to accelerate its modernisation path with flexible and secure infrastructure for deploying new front-end banking applications, while addressing the business growth of the Core Banking Solution workloads of the bank
  • To simplify and improve the security for their private cloud, Indian Bank is using IBM PowerSC for all AIX endpoints to get better support for compliance audits.
  • Indian Bank has also deployed IBM PowerVC for cloud deployments, workload image management among others
Titbits

Indian Bank:

Hq: Chennai,Tamilnadu
MD & CEO: Shanti Lal Jain
Tagline : Your Own Bank

The International Business Machines Corporation(IBM):

CEO: Arvind Krishna
Headquarters: Armonk, New York, United States
Founded: 16 June 1911


10. What digital platform has Federal Bank launched for customers to apply for pre-approved personal loans?
A) Facebook Lending Platform
B) Instagram Lending Portal
C) Twitter Loan Application Service
D) WhatsApp Lending Platform
E) Telegram Loan Center
Answer: D) WhatsApp Lending Platform

  • Federal Bank, a leading private sector bank, has launched a WhatsApp lending platform for customers to apply for pre-approved personal loans.
  • This platform would mark a significant advancement in providing seamless financial solutions to customers.
  • The platform was inaugurated by Federal Bank’s Chairman, MAP Hota, in the presence of Shyam Srinivasan, MD and CEO, ShaliniWarrier, Executive Director, Sumoth C, Vice President & Head – Digital and Federal Bank staff members.
  • With the introduction of the WhatsApp Lending Platform, Federal Bank empowers its customers to effortlessly access pre-approved personal loans with unprecedented ease.
  • This revolutionary approach streamlines the loan application process, underscoring Federal Bank’s commitment to delivering exceptional customer experiences and expedited financial solutions.
Titbits

Federal Bank:

Headquarters : Aluva, Kerala
CEO : Shri Shyam Srinivasan
Tagline : Your Perfect Banking Partner


Appointments – Daily Current Affairs September 05

11. Who has been recommended by the Financial Services Investment Board (FSIB) for the position of Managing Director (MD) in State Bank of India (SBI)?
A) Rakesh Sharma
B) Aditya Puri
C) Vinay Tonse
D) Chanda Kochhar
E) Arundhati Bhattacharya
Answer: C) Vinay Tonse

  • FSIB, the headhunter for directors of state-owned banks and financial institutions, recommended Vinay M Tonse for the post of Managing Director of State Bank of India (SBI).
  • The post fell vacant after the appointment of SwaminathanJanakiraman as Deputy Governor of the Reserve Bank.
  • Tonse is currently serving as deputy managing director at SBI.
  • The country’s largest lender has four managing directors and one chairman
    FSIB is headed by BhanuPratap Sharma, former secretary in the Department of Personnel and Training (DoPT).
  • Other members of the headhunter are Animesh Chauhan, former chairman and MD of erstwhile Oriental Bank of Commerce, RBI’s ex-executive director Deepak Singhal, and Shailendra Bhandari, former MD of erstwhile ING Vysya Bank.
Titbits

Financial Services Institutions Bureau(FSIB):

Establish: July 1, 2022
Headquarters: Mumbai, Maharashtra
Chairman: Shri BhanuPratap Sharma


12. Who has assumed the position of Principal Director General of Akashvani and News Services Division as of the recent announcement?
A) Dr.Vasudha Gupta
B) Dr.Vikram Singh
C) Dr. Rajesh Kumar
D) Dr. Anjali Sharma
E) Dr. Ramesh Chandra
Answer: A) Dr.Vasudha Gupta

  • Senior Indian Information Service officer Dr.Vasudha Gupta has assumed charge as the Principal Director General of Akashvani and News Services Division.
  • She was serving as Director General in Akashvani.
  • In the last one year, Dr Gupta has been instrumental in the revamping and reviving of Akashvani.
  • A 1989-batch officer, Dr. Gupta has served in various capacities in the Ministry of Information and Broadcasting in her over 33-year-long career.
  • She has also served as Director General, Press Information Bureau (PIB).
  • She is credited for leading the important initiative of developing a feedback dashboard for the Government of India across various media platforms, as also, as establishing of Fact-Check system for the Government.
Titbits

Akashvani:

Headquarters: New Delhi, Delhi
Principal Director General: Dr.Vasudha Gupta


Awards – Daily Current Affairs September 05

13. What prestigious certification has Vijayawada Railway Station achieved from the Indian Green Building Council (IGBC)?
A) Diamond Rating
B) Gold Rating
C) Platinum Rating
D) Silver Rating
E) Green Rating
Answer: C) Platinum Rating

  • Vijayawada Railway Station has achieved the prestigious “Platinum Rating” Certification as a Green Railway Station from the Indian Green Building Council (IGBC), marking the highest recognition in this category.
  • The Platinum Rating elevates Vijayawada Railway Station to the pinnacle of Green Railway Stations’ standards. Previously holding the Gold Rating from IGBC – CII, Vijayawada Railway Station has now ascended to the highest level of Platinum Certification
  • The IGBC, in collaboration with the Environment Directorate of Indian Railways, has developed the Green Railway Stations Rating system, aiming to promote the adoption of eco-friendly concepts.
  • This initiative seeks to reduce the adverse environmental impacts associated with station operation and maintenance while enhancing the overall experience for commuters.

International Affairs – Daily Current Affairs September 05

14. How many countries has India entered into Memorandums of Understanding (MoUs) with to offer them its Digital Stack?
A) 3 countries
B) 5 countries
C) 8 countries
D) 10 countries
E) 12 countries
Answer: C) 8 countries

  • India has entered into eight memorandums of understandings (MoUs) with countries such as Armenia, Sierra Leone, Suriname, Antigua, Barbados, Trinidad and Tobago, Papua New Guinea and Mauritius, offering them the India Stack and digital public infrastructure (DPI) at no cost and with open-source access.
  • These nations now have the opportunity to adopt and utilise these resources within their borders, further developing their unique innovation ecosystems, Rajeev Chandrasekhar
    DPIs, for the first time ever, reached a global consensus and what ought to be their definition, framework and principles.

15. In which city did the Kathmandu-Kalinga Literary Festival conclude in Nepal?
A) Kathmandu
B) Pokhara
C) Lalitpur
D) Bhaktapur
E) Birgunj
Answer: C) Lalitpur

  • The three day long Kathmandu-Kalinga Literary Festival successfully came to an end in Lalitpur, Nepal.
  • Minister for Foreign Affairs NP Saud of Nepal had inaugurated the festival.
  • This event fulfilled its role in the exchange of culture in the South Asia promoting literary and cultural activities.
  • Llitterateur from India, Nepal, Bhutan, Bangladesh and Sri Lanka exhibited in the Festival. The festival showcased literature, music, dance, poetry and other art forms.
  • Professor Avadhesh Pradhan, actress and writer Divya Dutta, Prof Madhav Prasad Pokharel and actress Manisha Koirala’s were awarded ‘YashaswiSahityaSamman’.
  • Similarly, those awarded with the ‘Yashaswi Book Prize’ initiated from this year include writer BibekOjha towards fiction for his book ‘Aithan’, Dr Nawaraj KC towards creative non-fiction for his book ‘SunyakoMulya’, Renuka GC towards story for her book ‘Sanesh’, Dr MahendraMalla towards poetry for the anthology of poems entitled ‘BhasakoBakpatra’, GovindaGiriPrerana towards biography for the biography ‘SushreeParijaat’ and Anuradha towards children’s literature for her book ‘ChhamchhakoChhamchhami’.
  • Others prized with the ‘Yashaswi Book Prize’ are Rima KC towards translation for her translation of ‘Selected Poems by Amrita Preetam’, Narayan Ghimire towards food and medicine for his book ‘RaithaneKhanpan Ra Chadparva’, LakpaDendi Sherpa towards autobiography for his autobiography ‘Himalayan Maverick’ and Sushant Thapa towards English poetry writing for his anthology of poems entitled ‘Means of Merit’.
Titbits

Nepal:

Capital : Kathmandu
Currency : Rupee
President:Ram Chandra Poudel
Prime Minister: Pushpa Kamal Dahal


National Affairs – Daily Current Affairs September 05

16. Which organization has signed a Memorandum of Understanding (MoU) with Indian Renewable Energy Development Agency Ltd. (IREDA) to finance renewable energy projects?
A) Reserve Bank of India (RBI)
B) National Thermal Power Corporation (NTPC)
C) India Infrastructure Finance Company Ltd (IIFCL)
D) Ministry of New and Renewable Energy (MNRE)
E) State Bank of India (SBI)
Answer: C) India Infrastructure Finance Company Ltd (IIFCL)

  • Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with India Infrastructure Finance Company Ltd (IIFCL), to finance renewable energy projects
  • The MoU will empower IREDA and IIFCL to engage in Co-Lending / Co-Origination and Loan Syndication for all categories of Renewable Energy projects, including Small Hydro projects.
  • Both organisations will strive to also fix interest rates for IREDA borrowings for a period of three to four years.
  • Further, IIFCL may invest in the bonds issued by IREDA, as per the terms and conditions of the issue.
  • IREDA established a specialised Business Development and Consultancy division two years ago to meet the growing demand in the RE sector.
  • In the past, IREDA has signed MoUs with other central and state agencies. This MoU will enable a synergy of green financing expertise of IREDA and Infra financing expertise of IIFCL.
  • Indian Renewable Energy Development Agency Ltd. (IREDA) is a PSU under the Ministry of New & Renewable Energy (MNRE) and India Infrastructure Finance Company Ltd (IIFCL) is a wholly-owned Government of India company set up in 2006 to provide long-term financial assistance to viable infrastructure projects.
Titbits

Indian Renewable Energy Development Agency Limited(IREDA):

Headquarters: New Delhi, Delhi
Founded: 11 March 1987
Chairman and Managing Director : Shri Pradip Kumar Das

India Infrastructure Finance Company Limited(IIFCL):

Founded: 2006
Headquarters: Mumbai, Maharashtra
MD: Sh. Padmanabhan Raja Jaishankar


17. Who inaugurated the Naval Commanders Conference in Delhi?
A) Prime Minister Narendra Modi
B) Defence Minister Rajnath Singh
C) Minister of State for Defence Ajay Bhatt
D) Indian Navy Chief Admiral Karambir Singh
E) Chief of Naval Staff Admiral R. Hari Kumar
Answer: C) Minister of State for Defence Ajay Bhatt

  • The second edition of Naval Commanders’ Conference, 2023 begin in New Delhi.
  • The conference is the apex-level biannual event facilitating interaction between the Naval Commanders for deliberation and formulation of important policy decisions.
  • During the three-day Conference, being conducted in a Hybrid format, the senior leadership of the Indian Navy will review major operational, materiel, logistics, training, and administrative activities undertaken during the previous six months.
  • The Maritime Infrastructure Perspective Plan 2023-37, which aims to create sustainable architecture in sync with the broader policy directive of the PM Gati Shakti project, was released

18. What is the name of the scheme launched by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu in his Nadaun assembly constituency in Hamirpur district?
A) MukhyaMantriSwabhimanYojana
B) MukhyaMantri Jan KalyanYojana
C) MukhyaMantri Sporting Abilities, Rebuilding Aspirations and Livelihood Scheme (SABAL)
D) Hamirpur Development Initiative
E) Himachal Pradesh Livelihood Enhancement Program
Answer: C) MukhyaMantri Sporting Abilities, Rebuilding Aspirations and Livelihood Scheme (SABAL)

  • Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu launched the MukhyaMantri Sporting Abilities, Rebuilding Aspirations and Livelihood Scheme (SABAL) from his Nadaun assembly constituency in Hamirpur district.
  • Aimed for the bright future of specially-abled children, this scheme intends to take special care of such children in around 400 schools across Hamirpur, Solan and Shimla districts
  • The Sabal Yojana was aimed to improve the lives of specially-abled children in the state.
  • The initiative focuses on providing essential facilities and opportunities for them.
  • Simultaneously, the Chief Minister also launched ‘Abhyas Himachal’ and ‘ShikshakSahayata’chatbots, accessible via the Swift Chat app, offering ease similar to WhatsApp and powered by conversational Artificial Intelligence.
  • These chatbots will enable students to revise lessons at their convenience, from any location from their mobile phones.
  • This facility features a quiz-based format and provides educational videos that can be utilized by both students and teachers to enhance the learning and teaching experience in the classroom
  • The Chief Minister also launched “Sampark Science TV Program,” designed to transform ordinary TVs into Smart TVs.
  • This innovation aims to enhance children’s learning experiences, especially in subjects like Mathematics and English. The device comes preloaded with educational materials, eliminating the need for an internet connection.
  • The chief minister announced to set up ‘RajyaChayanAayog’ in place of the Staff Selection Commission in Hamirpur within the next two months.
Titbits

Himachal Pradesh:

Capital : Shimla
CM : Sukhvinder Singh Sukhu
Governor : Shiv Pratap Shukla


19. What organization has released a document related to the Gujarat Traditional Medicine Summit?
A) United Nations
B) Indian Council of Medical Research (ICMR)
C) World Health Organization (WHO)
D) Gujarat State Government
E) Indian Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homeopathy (AYUSH)
Answer: C) World Health Organization (WHO)

  • The World Health Organization (WHO) has released the outcome document of the first WHO Traditional Medicine Global Summit 2023 in the form of the ‘Gujarat Declaration.’
  • The declaration reaffirmed global commitments towards indigenous knowledge, biodiversity and traditional, complementary and integrative medicine
  • India as host of the WHO Global Traditional Medicine Centre in Jamnagar, Gujarat has an important role in scaling up WHO’s capacities to support member states and stakeholders in taking forward the summit action agenda and other relevant priorities.
  • ‘Gujarat Declaration’ will serve as a catalyst in harnessing the potential of traditional medicine through the lens of science and will focus on the integration of traditional medicines in national health systems.
  • The First global summit on Traditional Medicine was organised by the World Health Organization (WHO) and co-hosted by the Ministry of Ayush, from August 17-18, 2023, in Gandhinagar, Gujarat
Titbits

WHO:

Abbreviation: The World Health Organization
Director-General : Dr TedrosAdhanom Ghebreyesus
Headquarters : Geneva, Switzerland
Founded: 7 April 1948


20. With which global biotech and agri-major has the Indian Council of Agricultural Research (ICAR) entered into a memorandum of understanding (MoU) for resource-efficient technology development and enhancing farmers’ income through regenerative agriculture?
A) Monsanto
B) Syngenta
C) BASF
D) CortevaAgriscience
E) Bayer
Answer: E) Bayer

  • The Indian Council of Agricultural Research (ICAR) in its ongoing attempts to deepen engagement with the private sector, has now entered into a memorandum of understanding (MoU) with global biotech and agri-major Bayer for resource-efficient technology development and enhancing farmers’ income through regenerative agriculture.
  • A few weeks back, the Council had signed an MoU with e-commerce leader Amazon to guide farmers enrolled on its ‘Kisan store’ on scientific cultivation of different crops and help them achieve optimum yield and income
  • The institutional partnership between Bayer and ICAR will work to promote efficient agronomic practices such as Direct Seeded Rice (DSR) in paddy cultivation.
  • It will also work towards developing carbon credit markets.
  • As part of the collaboration, KrishiVigyanKendras will strengthen outreach to a wider farmers’ base by leveraging technological know-how and expertise through the transfer of technology and capacity-building programmes.
Titbits

ICAR:

Abbreviation:Indian Council of Agricultural Research
Established : 16 July 1929
Headquarteres : New Delhi
Director : Himanshu Pathak

Bayer AG:

Headquarters: Leverkusen, Germany
CEO: William N. (Bill) Anderson



Over All Review

Important Days

  • International Day of Charity is celebrated every year on 5 September. Every year on September 5th, we celebrate Teacher’s Day.

Sports 

  • India’s DivyaDeshmukh was crowned the women’s rapid champion at the 5th Tata Steel Chess in Kolkata, West Bengal.

Obituary

  • N Valarmathi, the scientist and distinctive voice behind the Indian Space Research Organisation’s (ISRO) launch countdowns, passed away.
  • Former Zimbabwe captain Heath Streak died at the age of 49.

Banking and Finance 

  • Shivalik Small Finance Bank has announced its partnership with fintech infrastructure company Falcon to offer virtual products like digital fixed deposits for its consumers.
  • In another step towards accelerating the growth of renewable energy in India, Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB).
  • Bajaj Allianz Life has introduced a ground-breaking savings plan named Bajaj Allianz Life ACE.
  • The Andhra Pradesh Food Processing Society (APFPS) and the State Bank of India (SBI) have entered into an agreement to upgrade and support the establishment of at least 7,500 micro food processing units in the state.
  • Public sector Indian Bank has collaborated with Nasdaq-listed IBM to deploy future ready infrastructure to enhance scalability and agility.
  • Federal Bank, a leading private sector bank, has launched a WhatsApp lending platform for customers to apply for pre-approved personal loans.

Appointments

  • FSIB, the headhunter for directors of state-owned banks and financial institutions, recommended Vinay M Tonse for the post of Managing Director of State Bank of India (SBI).
  • Senior Indian Information Service officer Dr.Vasudha Gupta has assumed charge as the Principal Director General of Akashvani and News Services Division.

Awards 

  • Vijayawada Railway Station has achieved the prestigious “Platinum Rating” Certification as a Green Railway Station from the Indian Green Building Council (IGBC), marking the highest recognition in this category.

International Affairs

  • India has entered into eight memorandums of understandings (MoUs) with countries such as Armenia, Sierra Leone, Suriname, Antigua, Barbados, Trinidad and Tobago, Papua New Guinea and Mauritius, offering them the India Stack and digital public infrastructure (DPI) at no cost and with open-source access.
  • The three day long Kathmandu-Kalinga Literary Festival successfully came to an end in Lalitpur, Nepal.

National Affairs

  • Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with India Infrastructure Finance Company Ltd (IIFCL), to finance renewable energy projects.
  • The second edition of Naval Commanders’ Conference, 2023 begin in New Delhi.
  • Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu launched the MukhyaMantri Sporting Abilities, Rebuilding Aspirations and Livelihood Scheme (SABAL) from his Nadaun assembly constituency in Hamirpur district.
  • The World Health Organization (WHO) has released the outcome document of the first WHO Traditional Medicine Global Summit 2023 in the form of the ‘Gujarat Declaration.’
  • The Indian Council of Agricultural Research (ICAR) in its ongoing attempts to deepen engagement with the private sector, has now entered into a memorandum of understanding (MoU) with global biotech and agri-major Bayer for resource-efficient technology development and enhancing farmers’ income through regenerative agriculture.

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