Daily Current Affairs September 06

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 06. 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 06 | Daily Current Affairs 2024

Sports – Daily Current Affairs September 06

1. Who won India’s first-ever Paralympic judo medal, securing a bronze in the men’s 60kg (J1) category?
A) S Banitaba Khorram Abadi
B) Marco Dennis Blanco
C) Kapil Parmar
D) Elielton de Oliveira
E) Lalit Parmar
Answer: C) Kapil Parmar

Event and Location:

• Event: Kapil Parmar won the bronze medal in the men’s 60kg (J1) category at the Paralympics.
• Location: The event took place at the 2024 Paralympics.

Mandates and Objectives:

• Kapil Parmar’s Achievement:
  • Kapil Parmar made history by securing India’s first-ever Paralympic judo medal.
  • He won bronze after defeating Brazil’s Elielton de Oliveira with a dominating 10-0 score in the playoff.
  • Parmar had earlier lost to Iran’s S Banitaba Khorram Abadi in the semifinals.
• Judo Category (J1):
  • The J1 classification in para judo is designated for athletes with no or low visual activity.
  • Athletes in this category wear red circles to signify that they may need guidance before, during, and after the contest.

Important Terms Explained:

• J1 Classification:
  • This classification is for athletes with complete blindness or very low visual ability. The red circles help referees and officials identify these athletes’ needs for extra assistance.
• Yellow Cards in Judo:
  • These are penalties given for minor infractions, such as passivity or using techniques that might injure an opponent. Parmar received yellow cards in both his contests.

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Ranking – Daily Current Affairs September 06

2. Which country did India surpass in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI) in 2024?
A) Brazil
B) Russia
C) South Korea
D) China
E) Indonesia
Answer: D) China

Event and Location:

• Event: India surpassed China in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI) as of 6th September 2024.
• Location: The news was reported from New Delhi.

Mandates and Objectives:

• MSCI Emerging Markets Investable Market Index (MSCI EM IMI):
  • The MSCI EM IMI is a key index tracking the performance of emerging market equities.
  • India’s increased weighting in this index signifies growing global confidence in its market, potentially leading to inflows of up to $4.5 billion into Indian equities.
• Significance:
  • India’s ascent in the MSCI EM IMI signals its increasing prominence in the global investment landscape, while China’s relative position in the index has decreased.

Important Terms Explained:

• MSCI Emerging Markets Investable Market Index (MSCI EM IMI):
  • A comprehensive index measuring the equity market performance of emerging markets, tracking both large and mid-cap stocks.
• Foreign Inflows:
  • The estimated inflows of $4.5 billion into Indian equities indicate increased foreign investment, potentially boosting market liquidity and economic growth.

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Banking and Finance – Daily Current Affairs September 06

3. Which Chennai-based fintech company received final authorization from RBI to act as a payment aggregator in 2024?
A) Razorpay
B) Cashfree
C) Stripe
D) Paysharp
E) Paytm
Answer: D) Paysharp

Event and Location:

• Event: Paysharp, a fintech startup from Chennai, received final authorization from the Reserve Bank of India (RBI) to act as a Payment Aggregator (PA).
• Location: Chennai, Tamil Nadu

Mandates and Objectives:

• RBI Authorization:
  • Paysharp, an existing payment aggregator, received final RBI authorization on 30th August 2024.
  • The in-principle PA license was granted in December 2022.
  • This authorization allows Paysharp to further extend its services to more merchants in India’s payment system.
• Paysharp’s Focus and Products:
  • Non-card-based Payments: Paysharp primarily focuses on UPI, Virtual Accounts for NEFT/IMPS/RTGS, and government, B2B, NBFC, SMB, and e-commerce sectors.
  • Flat Pricing Model: Unlike other PAs that use percentage-based pricing, Paysharp provides flat pricing.
  • New Products: Paysharp has recently introduced Link Payment and Payment Pages, both powered by UPI.
  • Link Payment: Merchants can send payment links via WhatsApp, SMS, and e-mail to collect payments.
  • Payment Pages: Merchants can create custom payment pages to accept payments from customers.

Important Terms Explained:

• Payment Aggregator (PA):
  • A service provider that allows merchants to accept payments through various methods like UPI, NEFT, and IMPS without the need for individual integrations with banks.
• ISO 27001:2022 and SOC 2 Accreditations:
  • These are international standards that demonstrate Paysharp’s commitment to information security and data protection.

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4. Which insurance company has entered into a bancassurance partnership with CSB Bank in 2024?
A) HDFC Life
B) LIC
C) Max Life
D) SBI Life
E) ICICI Prudential
Answer: C) Max Life

Event and Location:

• Event: Max Life Insurance Company Ltd. has entered into a bancassurance partnership with CSB Bank, a private sector bank in India.
• Date: The partnership was announced on 6th September 2024.

Mandates and Objectives:

• Purpose of the Partnership:
  • This collaboration aims to offer a variety of savings, protection, retirement, and group life insurance plans to over 2.5 million CSB Bank customers.
  • Through the bancassurance model, Max Life’s insurance products will be distributed to CSB Bank’s customers, enabling the bank to expand its financial product offerings.
• Target Market:
  • The partnership is designed to provide holistic financial solutions by combining banking and insurance services for the benefit of customers.
  • It will strengthen Max Life’s presence in the banking network, enhancing its reach across India.

Important Terms Explained:

• Bancassurance:
  • A partnership between a bank and an insurance company wherein the bank sells the insurance company’s products through its branch network, offering a one-stop solution for banking and insurance needs.

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5. Which cross-border payments startup received RBI approval to operate as an online payment aggregator in 2024?
A) Razorpay
B) Paytm
C) PayGlocal
D) CCAvenue
E) Cashfree Payments
Answer: C) PayGlocal

Event and Location:

• Event: PayGlocal, a Bengaluru-based cross-border payments startup, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA).
• Location: The company is headquartered in Bengaluru, Karnataka.

Mandates and Objectives:

• PayGlocal’s PA License:
  • PayGlocal received its in-principle approval for the PA license from RBI in November 2023, and the final approval was granted in September 2024.
  • As an international payments-focused startup, PayGlocal enables merchants to accept payments from customers outside India in their local currency, facilitating cross-border transactions.
• Expansion Plans:
  • In addition to its PA license, PayGlocal has applied for a cross-border payments license, which is still being processed by RBI.
• Funding and Investors:
  • PayGlocal has raised over $17 million from investors including Tiger Global and Peak XV Partners.

Important Terms Explained:

• Payment Aggregator (PA):
  • A payment aggregator collects payments from customers and passes them on to merchants, providing a single solution for various payment methods like cards, UPI, and wallets.
• Cross-Border Payments:
  • Transactions that involve sending or receiving payments between customers and merchants located in different countries.

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Awards – Daily Current Affairs September 06

6. Who conferred the National Teachers’ Award 2024 in a ceremony held on 5th September 2024?
A) Prime Minister Narendra Modi
B) Minister of Education Dharmendra Pradhan
C) President Droupadi Murmu
D) Vice President Jagdeep Dhankhar
E) Chief Justice D.Y. Chandrachud
Answer: C) President Droupadi Murmu

Event and Location:

• Event: President Droupadi Murmu conferred the National Teachers’ Award 2024 to 82 awardees.
• Location: The awards were presented in New Delhi on Teachers’ Day, 5th September 2024.

Mandates and Objectives:

• Objective of the Awards:
  • The National Teachers’ Award recognizes teachers’ contributions in enhancing the quality of education and enriching the lives of students.
  • The award includes a certificate of merit, a cash award of ₹50,000, and a silver medal.
  • The awardees were selected from 28 States, 3 UTs, and 6 organizations through a rigorous selection process at district, state, and national levels.
• Focus of the President’s Speech:
  • The President emphasized the importance of holistic education, nurturing not just academic skills but also leadership, social values, and compassion.
  • Teachers were advised to identify and nurture the natural talents of students, including non-academic strengths like sports, leadership, and social welfare.
  • Special focus was given to the status of women and the role of education in ensuring respect for women in both words and practice.
• National Education Policy (NEP) 2020:
  • NEP 2020 encourages motivating and capable faculty to drive the education ecosystem toward excellence.
  • In 2023, it was decided to expand the National Teachers’ Award to include teachers from Higher Education Institutions (HEIs) and Polytechnics.

Important Terms Explained:

• National Teachers’ Award:
  • An annual recognition given on Teachers’ Day, which commemorates the birth anniversary of Dr. Sarvepalli Radhakrishnan.
• Teachers’ Day:
  • Celebrated on 5th September each year in honor of Dr. Sarvepalli Radhakrishnan, a revered teacher and India’s second President.

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Defence – Daily Current Affairs September 06

7. Which Indian Naval Ship participated in the 22nd edition of the India-France Bilateral Naval Exercise VARUNA in 2024?
A) INS Vikramaditya
B) INS Talwar
C) INS Tabar
D) INS Chennai
E) INS Kolkata
Answer: C) INS Tabar

Event and Location:

• Event: The 22nd edition of the India-France Bilateral Naval Exercise VARUNA took place from 2nd to 4th September 2024 in the Mediterranean Sea.
• Location: The exercise was conducted in the Mediterranean Sea, after INS Tabar visited Toulon, France from 29th August to 1st September 2024.

Mandates and Objectives:

• Participants:
  • The Indian Navy was represented by INS Tabar, commanded by Captain MR Harish, a stealth frigate, along with ship-borne helicopters and the P8I Long-Range Maritime Reconnaissance (LRMR) aircraft.
  • The French Navy was represented by FS Provence, Submarine Suffren, Aircraft F20, Atlantique2, fighters MB339, and helicopters NH90 and Dauphin.
• Operations Conducted:
  • The exercise involved advanced tactical maneuvers, anti-submarine warfare exercises, FLYEX, Air Defence Exercise, live weapon firings, PHOTO-EX, and Steam Past.
  • These exercises aimed at enhancing interoperability between the two navies across air, surface, and sub-surface domains.
• Significance:
  • The VARUNA exercise, initiated in 2001, is a key part of the India-France naval relationship, focusing on increasing cooperation and sharing best practices.
  • It signifies the Indian Navy’s commitment to sustained operations in areas far from the Indian Ocean Region (IOR) and its readiness to collaborate with like-minded navies globally.

Important Terms Explained:

• INS Tabar:
  • A stealth frigate of the Indian Navy, designed for multi-role operations.
• P8I Aircraft:
  • A Long-Range Maritime Reconnaissance aircraft used for anti-submarine warfare, surveillance, and reconnaissance.

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8. Where was the successful launch of the Agni-4 Ballistic Missile carried out on 6th September 2024?
A) Pokhran, Rajasthan
B) Sriharikota, Andhra Pradesh
C) Chandipur, Odisha
D) Wheeler Island, Odisha
E) Thumba, Kerala
Answer: C) Chandipur, Odisha

Event and Location:

• Event: The successful launch of the Agni-4 Intermediate Range Ballistic Missile (IRBM) was conducted on 6th September 2024.
• Location: The launch took place at the Integrated Test Range (ITR), Chandipur, Odisha.
  Mandates and Objectives
• Agni-4 Ballistic Missile:
  • The Agni-4 is an Intermediate Range Ballistic Missile (IRBM) with a range of up to 4,000 kilometers.
  • This test successfully validated all operational and technical parameters, confirming the missile’s readiness for deployment.
• Strategic Forces Command:
  • The launch was conducted under the Strategic Forces Command (SFC), responsible for managing India’s nuclear arsenal and conducting ballistic missile tests.

Important Terms Explained:

• Integrated Test Range (ITR), Chandipur:
  • A missile testing facility located on the coast of Odisha, primarily used for testing a range of missiles, including ballistic and cruise missiles.
• Agni-4 Missile:
  • An intermediate-range ballistic missile developed by India as part of the Agni missile series, designed to carry nuclear warheads.

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International Affairs – Daily Current Affairs September 06

9. Where did the Ministry of Tourism, Government of India, participate in the PATA Travel Mart 2024?
A) Singapore
B) Bangkok, Thailand
C) Kuala Lumpur, Malaysia
D) New Delhi, India
E) Jakarta, Indonesia
Answer: B) Bangkok, Thailand

Event and Location:

• Event: The Ministry of Tourism, Government of India, participated in the PATA Travel Mart 2024.
• Location: The event was held in Bangkok, Thailand, from 27th to 29th August 2024.
• Purpose: The participation aimed to reach out to the global travel industry and increase inbound tourism to India.

Mandates and Objectives:

• PATA Travel Mart:
  • One of the most influential travel exhibitions in the Asian subcontinent.
  • The Indian delegation, including officials and private sector stakeholders, showcased India’s tourism offerings.
• Incredible India Pavilion:
  • Inaugurated by Nagesh Singh, Ambassador of India to Thailand.
  • The pavilion highlighted India’s diverse travel experiences, including its rich cultural heritage, natural beauty, and warm hospitality.
• Strategic Goal:
  • India’s participation in the event aimed to strengthen its presence in key international markets and engage with global industry leaders to promote inbound tourism.
• Tourism Statistics:
  • India witnessed 9.24 million foreign tourist arrivals in 2023, demonstrating the potential to attract more tourists through platforms like PATA 2024.

Important Terms Explained:

• PATA Travel Mart:
  • Stands for Pacific Asia Travel Association, a key travel exhibition that provides opportunities for countries to present their tourism offerings.
• Incredible India:
  • A campaign initiated by the Ministry of Tourism to promote India as a global travel destination.

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10. Which two organizations have established a multi-donor trust fund to support solar projects globally?
A) ISA and UNDP
B) MIGA and ADB
C) ISA and MIGA
D) World Bank and IMF
E) ISA and WHO
Answer: C) ISA and MIGA

Event and Location:

• Event: The International Solar Alliance (ISA) and the Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group, announced the establishment of the MIGA-ISA Solar Facility, a multi-donor trust fund.
• Location: The announcement was made on 6th September 2024.

Mandates and Objectives:

• Purpose of the Facility:
  • The MIGA-ISA Solar Facility aims to combine ISA’s technical expertise and MIGA’s capacity to mobilize financing to accelerate the global adoption of solar energy technologies.
  • The facility will offer concessional financing tools, including first-loss instruments and reinsurance capacity, to improve the bankability of solar projects and lower the cost of MIGA guarantees.
• Initial Focus:
  • Initially, the facility will support Sub-Saharan Africa with plans to expand globally, helping to provide cost-effective risk mitigation instruments to scale up solar energy projects.
• Seed Funding:
  • ISA has committed $2 million as seed funding for the facility, with a target to raise $10 million.
  • The overall goal is to raise $200 million for the Global Solar Facility (GSF) in Africa.
• Partnership:
  • Both ISA and MIGA will work together to launch new solar power and distributed energy projects in developing countries.

Important Terms Explained:

• ISA (International Solar Alliance):
  • An international organization focused on the promotion of solar energy, particularly in developing countries.
  • ISA’s goal is to accelerate the deployment of solar technologies globally.
• MIGA (Multilateral Investment Guarantee Agency):
  • A part of the World Bank Group, it provides political risk insurance and credit enhancement to encourage investments in developing countries.

Static GK Information:

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National Affairs – Daily Current Affairs September 06

11. Which event was organized by the Ministry of Information and Broadcasting to commemorate the birth anniversary of Hockey Legend Major Dhyan Chand in 2024?
A) National Sports Day
B) Khel Mahotsav
C) Khel Utsav 2024
D) Major Dhyan Chand Sports Fest
E) Sports Day 2024
Answer: C) Khel Utsav 2024

Event and Location:

• Event: The Ministry of Information and Broadcasting organized “Khel Utsav 2024” from 27th to 30th August 2024 to commemorate the birth anniversary of Hockey Legend Major Dhyan Chand.
• Location: The event took place at Major Dhyan Chand Stadium and Jawaharlal Nehru Stadium in New Delhi.

Mandates and Objectives:

• Khel Utsav 2024:
  • Organized in the run-up to National Sports Day 2024, which celebrates Major Dhyan Chand’s legacy.
  • In its first edition, the event featured four sports: Cricket, Hockey, Badminton, and Table Tennis.
  • More than 200 officials and staff from the Ministry of Information and Broadcasting participated with great enthusiasm.
• Trophy Distribution:
  • A ceremony for distributing Major Dhyan Chand trophies was held on 4th September 2024 at the PIB Conference Hall, Shastri Bhawan, attended by senior officials including Sh. Sanjay Jaju, Secretary, Ministry of Information and Broadcasting.
• Future Plans:
  • The Ministry plans to include more sports in future editions of Khel Utsav to further promote participation.

Important Terms Explained:

• National Sports Day:
  • Celebrated on 29th August annually to honor Major Dhyan Chand’s contribution to Indian hockey.
• Major Dhyan Chand:
  • One of India’s greatest hockey players, his birth anniversary is celebrated as National Sports Day in India.

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12. What is the title of the International Conference organized by the Ministry of Education, India, as a prelude to International Literacy Day 2024?
A) Global Literacy Summit
B) Spectrum of Education
C) Spectrum of Literacy
D) World Literacy Conference
E) Literacy for All
Answer: C) Spectrum of Literacy

Event and Location:

• Event: The Ministry of Education, Government of India, is organizing an International Conference titled “Spectrum of Literacy” on 7th September 2024 as a prelude to International Literacy Day 2024.
• Location: The conference will be held virtually from the CIET, NCERT, New Delhi.

Mandates and Objectives:

• Spectrum of Literacy Conference:
  • The event aims to bring together global and national experts, educators, policymakers, and literacy advocates to explore the evolving dimensions of literacy in the modern world.
  • The theme highlights the diverse challenges and opportunities in the field of education globally.
• Sessions and Participation:
  • The conference features two key sessions:
    1. “Exploring the ‘Spectrum of Literacy’ in India”
    2. “Global Perspectives on Literacy”
  • The conference will be chaired by Shri Sanjay Kumar, Secretary of the Department of School Education and Literacy (DoSEL).
  • Other prominent attendees include Smt. Archana Sharma Awasthi (Joint Secretary, DoSEL), Prof. Dinesh Prasad Saklani (Director of NCERT), and Smt. Joyce Poan (Chief of Education Sector at UNESCO’s Regional Office for South Asia).

Important Terms Explained:

• CIET (NCERT):
  • Central Institute of Educational Technology is a unit of NCERT, focused on improving the quality of education through the use of modern technology.
• International Literacy Day:
  • Celebrated globally on 8th September, it highlights the importance of literacy to individuals, communities, and societies.

Static GK Information:

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13. At how many additional airports was the Digi Yatra facility launched by Union Minister Shri Ram Mohan Naidu in 2024?
A) 5
B) 7
C) 8
D) 9
E) 12
Answer: D) 9

Event and Location:

• Event: Union Minister Shri Ram Mohan Naidu inaugurated the Digi Yatra facility at 9 more airports on 6th September 2024.
• Location: The inauguration event was held at Visakhapatnam International Airport, while eight other airports were launched virtually.

Mandates and Objectives:

• Digi Yatra Expansion:
  • The Digi Yatra facility was launched at Bhubaneswar, Coimbatore, Dabolim (Goa), Indore, Bagdogra, Ranchi, Patna, Raipur, and Visakhapatnam airports.
  • The total number of Digi Yatra-enabled airports in India increased to 24.
• Digi Yatra’s Purpose:
  • Digi Yatra is a digital initiative by the Ministry of Civil Aviation that enables passengers to have a seamless, contactless, and paperless airport experience using Facial Recognition Technology (FRT).
  • The system helps reduce the average airport entry time for passengers from 15 seconds to 5 seconds and improves the efficiency of managing boarding passes, ID proofs, and luggage tags.
• User Statistics:
  • As of the launch, 55 lakh users had downloaded the Digi Yatra app, and 3 crore passengers had used the system.
• Data Security:
  • Minister Shri Ram Mohan Naidu emphasized the importance of data security, stating that passenger data is encrypted and stored securely on smartphones, with no central storage of Personally Identifiable Information (PII). All data is deleted within 24 hours of departure.

Important Terms Explained:

• Digi Yatra:
  • A government initiative that uses Facial Recognition Technology for contactless and paperless airport processing, enhancing passenger convenience and ensuring a smooth travel experience.
• AAI (Airports Authority of India):
  • A statutory body responsible for managing airports in India, ensuring the development and management of civil aviation infrastructure.

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Over All Review

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