Daily Current Affairs September 10

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 10. 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 10 | Daily Current Affairs 2024

Sports – Daily Current Affairs September 10

1. Who won the Men’s Singles title at the US Open 2024?
A) Novak Djokovic
B) Carlos Alcaraz
C) Jannik Sinner
D) Taylor Fritz
E) Roger Federer
Answer: C) Jannik Sinner

Event and Location:

• Event: US Open 2024
• Location: Flushing Meadows, Queens, New York, USA
• Date: August 19 – September 8, 2024

Mandates and Objectives:

• Jannik Sinner (Italy) captured the men’s singles title, defeating Taylor Fritz (USA) in straight sets.
• Aryna Sabalenka (Belarus) won her first US Open women’s singles title, defeating Jessica Pegula (USA).
• Max Purcell and Jordan Thompson (Australia) won the men’s doubles title.
• Lyudmyla Kichenok (Ukraine) and Jelena Ostapenko (Latvia) claimed the women’s doubles title.
• Sara Errani and Andrea Vavassori (Italy) triumphed in the mixed doubles category.

Important Terms Explained:

• Grand Slam: Refers to the four major tennis tournaments (Australian Open, French Open, Wimbledon, US Open).
• Arthur Ashe Stadium: The largest tennis-specific stadium in the world, where US Open finals are held.
• US Open: One of the four Grand Slam tournaments, played on hard courts since 1978.

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2. Who were the flagbearers for India at the 2024 Paris Paralympics Closing Ceremony?
A) Sumit Antil and Avani Lekhara
B) Sharad Kumar and Rubina Francis
C) Harvinder Singh and Preeti Pal
D) Nitesh Kumar and Yogesh Khatuniya
E) Dharambir and Mona Agarwal
Answer: C) Harvinder Singh and Preeti Pal

Event and Location:

• Event: 2024 Paris Paralympics Closing Ceremony
• Location: Stade de France, Paris, France
• Date: September 8, 2024

Mandates and Objectives:

• The Paris Paralympics 2024 concluded with a record 29 medals for India, marking its most successful Paralympic campaign.
• Harvinder Singh, gold medalist in archery, and Preeti Pal, bronze medalist in track events, were the flagbearers for India at the closing ceremony.
• India’s medal haul included 7 gold, 9 silver, and 13 bronze medals across various sports such as archery, shooting, javelin throw, high jump, badminton, and athletics.

Important Terms Explained:

• Paralympics: International multi-sport event for athletes with physical disabilities.
• Flagbearer: An athlete chosen to carry their country’s flag during the opening or closing ceremony.

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Obituary – Daily Current Affairs September 10

3. What role is James Earl Jones most famous for in the Star Wars movies?
A) Luke Skywalker
B) Darth Vader
C) Obi-Wan Kenobi
D) Yoda
E) Han Solo
Answer: B) Darth Vader

Event and Location:

• Event: Death of James Earl Jones
• Location: Dutchess County, New York
• Date: September 10, 2024

Mandates and Objectives:

• James Earl Jones, famous for his deep, resonant voice, passed away at 93 years old.
• Known for voicing Darth Vader in the Star Wars movies, Jones had a prolific career in theater, television, and film.
• Jones overcame a crippling stammer during childhood, becoming a revered stage actor and voice-over artist.
• He won two Tony Awards, one for his role in The Great White Hope and another for Fences. He also received a Tony Award for Lifetime Achievement and the National Medal of Arts.

Important Terms Explained:

• Darth Vader: A central character in Star Wars, recognized for his iconic black suit and deep, ominous voice.
• Tony Awards: Prestigious awards given for excellence in live Broadway theater.

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Ranking – Daily Current Affairs September 10

4. Which Indian institute was ranked No. 1 globally in Networking in LinkedIn’s Global MBA Ranking 2024?
A) Indian Institute of Management (IIM), Ahmedabad
B) Indian Institute of Foreign Trade (IIFT)
C) Indian School of Business (ISB)
D) Xavier School of Management (XLRI)
E) SP Jain Institute of Management and Research (SPJIMR)
Answer: B) Indian Institute of Foreign Trade (IIFT)

Event and Location:

• Event: IIFT tops LinkedIn Global MBA Ranking 2024 for Networking and holds 51st position overall
• Location: India
• Date: September 10, 2024

Mandates and Objectives:

• Indian Institute of Foreign Trade (IIFT) ranked No. 1 globally in Networking in LinkedIn’s Global MBA Ranking 2024.
• IIFT secured 51st position among the top 100 MBA programmes worldwide, reflecting its excellence in academics, research, and strong alumni and corporate connections.
• Shri Piyush Goyal, Minister of Commerce and Industry, praised this achievement, while Shri Sunil Barthwal, Commerce Secretary, highlighted the Institute’s growing prominence in academic and corporate collaborations.
• IIFT is establishing a Centre for International Negotiations (CIN) for world-class training in international negotiations and an International Business Case Study Centre to document Indian companies’ success stories.

Important Terms Explained:

• Networking: The process of building and maintaining professional relationships, essential in business education for career opportunities and collaborations.
• Global MBA Ranking: A prestigious list of top MBA programmes worldwide, evaluated by LinkedIn based on various factors including alumni success and networking.

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Banking and Finance – Daily Current Affairs September 10

5. What is the target growth rate for RBL Bank’s credit card portfolio compared to the industry average?
A) 25-30%
B) 10-12%
C) 12-15%
D) 20-25%
E) 30-35%
Answer: C) 12-15%

Event and Location:

• Event: RBL Bank aims for moderate growth in its credit card portfolio
• Location: India
• Date: 2024

Mandates and Objectives:

• RBL Bank aims to grow its credit card portfolio by 12-15%, which is slower than the industry average growth rate of 25-30%.
• The bank will focus on expanding its product range and improving customer engagement rather than rapid expansion.
• Bikram Yadav, Business Head of Credit Cards at RBL, emphasized that the bank has achieved sufficient scale in its credit card infrastructure.
• The bank will also enhance its sales distribution channels and increase customer engagement with other loan products like home loans and car loans.

Important Terms Explained:

• Credit Card Portfolio: The total collection of credit card accounts held by a financial institution.
• Unit Economics: The direct revenues and costs associated with a particular business model, which help assess profitability on a per-customer or per-unit basis.

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6. What was the total penalty imposed by the RBI on Axis Bank and HDFC Bank for deficiencies in regulatory compliance?
A) ₹2.5 crore
B) ₹3 crore
C) ₹1.91 crore
D) ₹2.91 crore
E) ₹2 crore
Answer: D) ₹2.91 crore

Event and Location:

• Event: RBI imposes penalties on Axis Bank and HDFC Bank for deficiencies in statutory and regulatory compliance.
• Location: India
• Date: September 10, 2024

Mandates and Objectives:

• The Reserve Bank of India (RBI) imposed a total penalty of ₹2.91 crore on Axis Bank and HDFC Bank for non-compliance with certain regulatory directions.
  • Axis Bank was fined ₹1.91 crore for:
    • Non-compliance with KYC norms, interest rates on deposits, and credit flow to agriculture.
    • Issues like opening savings accounts for ineligible entities, and providing multiple customer identification codes.
  • HDFC Bank was fined ₹1 crore for:
    • Non-compliance with guidelines on interest rates, misuse of recovery agents, and improper customer service.
    • Giving gifts exceeding ₹250 to depositors and contacting customers outside allowed hours.
• The penalties are not a reflection on any specific transactions between the banks and their customers.

Important Terms Explained:

• KYC (Know Your Customer): A mandatory process where banks verify the identity of their customers.
• Unique Customer Identification Code (UCIC): A unique identifier assigned to each customer in the banking system to avoid duplication.

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7. Which organization imposed penalties on Godrej Housing and HUDCO for non-compliance?
A) Securities and Exchange Board of India (SEBI)
B) Reserve Bank of India (RBI)
C) Insurance Regulatory and Development Authority of India (IRDAI)
D) Ministry of Finance
E) National Housing Bank (NHB)
Answer: B) Reserve Bank of India (RBI)

Event and Location:

• Event: RBI imposes penalties on Godrej Housing and HUDCO
• Date: September 9, 2024
• Location: India

Mandates and Objectives:

• The Reserve Bank of India (RBI) penalized three Non-Banking Financial Companies (NBFCs), including Godrej Housing Finance and HUDCO (Housing and Urban Development Corporation).
• The penalties were imposed for non-compliance with RBI’s directions related to housing finance companies.
• This action emphasizes RBI’s regulatory authority over NBFCs, ensuring they adhere to its guidelines.

Important Terms Explained:

• NBFC (Non-Banking Financial Company): A financial institution that offers banking services like loans, credit facilities, and asset financing, but does not hold a full banking license.
• Housing Finance Companies: Specialized NBFCs that primarily provide loans for housing.

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Business and Economy – Daily Current Affairs September 10

8. Which company is partnering with Tata Power-DDL to launch India’s first micro substation project?
A) Hitachi
B) Nissin Electric
C) Siemens
D) Schneider Electric
E) ABB
Answer: B) Nissin Electric

Event and Location:

• Event: Launch of India’s first micro substation project by Tata Power-DDL and Nissin Electric
• Location: Outskirts of Delhi, India
• Date: September 10, 2024

Mandates and Objectives:

• Tata Power-DDL has partnered with Nissin Electric to implement India’s first micro substation project.
• The project aims to provide stable, low-cost power to remote areas without access to a fully developed power grid.
• Instead of building large infrastructure, a micro substation equipped with a Power Voltage Transformer (PVT) will convert high-voltage power from nearby transmission lines to low-voltage power for residential use.
• The project is part of Japan’s Energy Efficiency Technologies Demonstration, funded by NEDO (New Energy and Industrial Technology Development Organization).
• The 100 kVA micro substation will directly step down power from 66 kV to 240 V using only 40 square meters of space, and operations are scheduled to begin in March 2025.

Important Terms Explained:

• Micro Substation: A compact electrical substation that converts high-voltage power from transmission lines to low-voltage power for residential or commercial use, especially in remote areas.
• Power Voltage Transformer (PVT): A transformer that steps down high-voltage power to lower voltages suitable for end-users.

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Appointments – Daily Current Affairs September 10

9. Who has been appointed as the Non-Executive Chairperson of Open Network for Digital Commerce (ONDC)?
A) Amitabh Kant
B) RS Sharma
C) Arvind Subramanian
D) Nandan Nilekani
E) Ajay Bhushan Pandey
Answer: B) RS Sharma

Event and Location:

• Event: Appointment of RS Sharma as the Non-Executive Chairperson of Open Network for Digital Commerce (ONDC).
• Location: India
• Date: September 10, 2024

Mandates and Objectives:

• RS Sharma was appointed as the Non-Executive Chairperson of ONDC.
• He brings a wealth of experience, having held key positions, including:
  • Director General and Mission Director of UIDAI (Unique Identification Authority of India).
  • Chairman of TRAI (Telecom Regulatory Authority of India).
  • CEO of National Health Authority.
• His leadership is expected to drive ONDC through its next phase of innovation and expansion.

Important Terms Explained:

• ONDC (Open Network for Digital Commerce): A government initiative aimed at democratizing digital commerce by enabling small businesses and retailers to access digital platforms easily.
• Non-Executive Chairperson: A role that provides oversight and strategic direction but does not involve day-to-day management of the organization.

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Defence – Daily Current Affairs September 10

10. Which shipyard is building the Anti-Submarine Warfare Shallow Water Crafts (ASW SWC) for the Indian Navy?
A) Garden Reach Shipbuilders & Engineers (GRSE)
B) Mazagon Dock Shipbuilders Limited (MDL)
C) Cochin Shipyard Limited (CSL)
D) Hindustan Shipyard Limited (HSL)
E) Goa Shipyard Limited (GSL)
Answer: C) Cochin Shipyard Limited (CSL)

Event and Location:

• Event: Simultaneous launch of the fourth and fifth ships of the Anti-Submarine Warfare Shallow Water Craft (ASW SWC) project
• Location: Cochin Shipyard Limited (CSL), Kochi, Kerala
• Date: September 9, 2024

Mandates and Objectives:

• The fourth and fifth ships, named Malpe and Mulki, were launched as part of the Eight Anti-Submarine Warfare Shallow Water Craft (ASW SWC) project.
• These Mahe class ships are designed to carry out anti-submarine operations in coastal waters, along with Mine Laying and Low Intensity Maritime Operations.
• The ships are equipped with indigenously developed underwater sensors and have an endurance of 1800 nautical miles with a top speed of 25 knots.
• Over 80% indigenous content is part of the project, reflecting the government’s push towards Aatmanirbhar Bharat (self-reliant India).

Important Terms Explained:

• Anti-Submarine Warfare (ASW): A military strategy aimed at detecting and countering submarines.
• Shallow Water Craft: Vessels designed for operations in coastal or shallow waters.

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11. Which two companies have partnered to establish a Maintenance, Repair, and Overhaul (MRO) facility for the C-130J Super Hercules aircraft in India?
A) Boeing and Tata Advanced Systems
B) Airbus and Hindustan Aeronautics Limited
C) Lockheed Martin and Tata Advanced Systems
D) Dassault Aviation and Mahindra Aerospace
E) Northrop Grumman and Bharat Electronics
Answer: C) Lockheed Martin and Tata Advanced Systems

Event and Location:

• Event: Partnership between Lockheed Martin and Tata Advanced Systems to establish an MRO facility for C-130J Super Hercules in India.
• Location: India
• Date: September 10, 2024

Mandates and Objectives:

• Lockheed Martin and Tata Advanced Systems have signed a teaming agreement to expand collaboration on the C-130J Super Hercules platform.
• The partnership focuses on:
  • Establishing a Maintenance, Repair, and Overhaul (MRO) facility for the Indian Air Force’s fleet of 12 C-130Js and other global Super Hercules aircraft.
  • Expanding C-130J manufacturing and assembly in India, supporting the Indian Medium Transport Aircraft (MTA) program.
• Tata Lockheed Martin Aerostructures Ltd (TLMAL) in Hyderabad is already the global source for C-130J empennages, having produced over 220 empennages to date.
• This partnership strengthens India’s aerospace and defense capabilities and aligns with “Make in India” objectives.

Important Terms Explained:

• C-130J Super Hercules: A tactical airlifter used for various missions, including combat delivery, peacekeeping, humanitarian relief, and medical evacuations.
• Maintenance, Repair, and Overhaul (MRO): A comprehensive facility designed to support the lifecycle management of aircraft by performing repairs, maintenance, and upgrades.

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International Affairs – Daily Current Affairs September 10

12. Who represented India at the BRICS Labour and Employment Ministerial Meeting 2024?
A) R Subramaniakumar
B) Sumita Dawra
C) Rajesh Bhushan
D) Amitabh Kant
E) Nirmala Sitharaman
Answer: B) Sumita Dawra

Event and Location:

• Event: BRICS Labour and Employment Ministerial Meeting 2024
• Location: Sochi, Russia
• Date: September 9-10, 2024

Mandates and Objectives:

• Sumita Dawra, Secretary of the Ministry of Labour and Employment, represented India at the BRICS Labour and Employment Ministerial Meeting under the Russian Presidency.
• Discussions focused on key issues such as:
  • Vocational guidance and lifelong professional education for the population.
  • Platform employment and challenges in regulating it.
  • Ensuring safe working conditions and providing social security.
  • Enhancing social support systems across BRICS and BRICS-plus countries.
• India highlighted the following key initiatives:
  • National Career Service (NCS) integrated with Skill India Digital Hub (SIDH) for skilling and employment.
  • The Code on Social Security, which formalizes gig and platform workers with social protection benefits.
  • E-Shram for informal sector workers, targeting 300 million memberships.
  • Social security schemes like ESIC and EPFO ensuring medical and financial security for workers.

Important Terms Explained:

• ESIC (Employees’ State Insurance Corporation): Provides medical and insurance benefits to employees.
• EPFO (Employees’ Provident Fund Organisation): Manages pension and provident fund schemes for workers.
• E-Shram: A portal designed to provide social security to informal and gig workers.

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13. Which Indian company is partnering with Mansfield Building Society to digitize its UK operations?
A) Infosys
B) Wipro
C) HCL Technologies
D) Tata Consultancy Services (TCS)
E) Tech Mahindra
Answer: D) Tata Consultancy Services (TCS)

Event and Location:

• Event: Tata Consultancy Services (TCS) to digitize Mansfield Building Society’s operations in the UK.
• Location: United Kingdom
• Date: September 10, 2024

Mandates and Objectives:

• Tata Consultancy Services (TCS) has partnered with Mansfield Building Society to transform its UK operations.
• TCS will deploy its proprietary banking platforms:
  • TCS BaNCS for Core Banking: A comprehensive solution for managing core banking functions.
  • TCS Digital Home Lending Solution: A platform that streamlines the home loan process, improving efficiency and customer experience.
• The goal is to digitally enable Mansfield’s operations, offering seamless customer experiences and improving operational efficiency.

Important Terms Explained:

• Core Banking: A banking service provided by a networked bank branch where customers can access their bank accounts and perform basic transactions.
• TCS BaNCS: A proprietary software platform by TCS used by financial institutions to streamline and digitize core banking operations.

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National Affairs – Daily Current Affairs September 10

14. Which ministry launched Phase III of capacity-building initiatives under the Digital India vision?
A) Ministry of Home Affairs
B) Ministry of Electronics and Information Technology (MeitY)
C) Ministry of Finance
D) Ministry of Communications
E) Ministry of Skill Development and Entrepreneurship
Answer: B) Ministry of Electronics and Information Technology (MeitY)

Event and Location:

• Event: Launch of Phase III of capacity-building initiatives under Digital India
• Location: India Habitat Centre, Delhi
• Date: September 10, 2024

Mandates and Objectives:

• The Ministry of Electronics and Information Technology (MeitY) launched Phase III of its capacity-building initiatives as part of the Digital India vision.
• The key focus areas of this phase include:
  • Digital Public Infrastructure (DPI)
  • Contract and Procurement Management
  • Artificial Intelligence (AI) and Machine Learning (ML)
  • Digital Governance and Data Management
  • Managing Large Digital Transformation Projects
• The training sessions are conducted by NeGD (National e-Governance Division) in collaboration with the National Institute for Smart Governance (NISG).
• The second regional programme in this series focuses specifically on Digital Public Infrastructure, enhancing officials’ skills in managing Digital Public Goods (DPGs).

Important Terms Explained:

• Digital Public Infrastructure (DPI): Systems that provide essential public services using digital platforms, ensuring seamless service delivery.
• Digital Public Goods (DPGs): Open-source technologies and frameworks designed to serve public services and infrastructure.

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15. Which organization has provisionally approved the National Test House (NTH), Ghaziabad, as a certification body for drone type certification?
A) Ministry of Civil Aviation
B) Directorate General of Civil Aviation (DGCA)
C) Quality Council of India (QCI)
D) Indian Bureau of Standards (IBS)
E) Defence Research and Development Organisation (DRDO)
Answer: C) Quality Council of India (QCI)

Event and Location:

• Event: National Test House (NTH), Ghaziabad approved as a Certification Body for drone type certification
• Location: Ghaziabad, Uttar Pradesh, India
• Date: September 10, 2024

Mandates and Objectives:

• National Test House (NTH), Northern Region, Ghaziabad, has been provisionally approved by the Quality Council of India (QCI) for the type certification of drones under the Certification Scheme for Unmanned Aircraft Systems (UAS).
• The drone certification audit will take place at Vimaana Aerospace Technologies, Noida, to assess the Krishiraj 1.0 agricultural drone.
• The Drone Rules 2021 require type certification for all drones operating in India.
• NTH plays a critical role in ensuring that Indian-made drones comply with national and international standards of safety and quality.
• The certification process, offered at a competitive fee of ₹1.5 lakh, supports India’s goal of fostering a strong, Aatmanirbhar Bharat (self-reliant India) in drone technology.

Important Terms Explained:

• Type Certification: A process to ensure that a drone model complies with safety, performance, and quality standards before being allowed to operate in the country.
• Unmanned Aircraft Systems (UAS): A category of drones that are used for various sectors like agriculture, logistics, healthcare, and infrastructure.

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16. Which two regions in India are set to benefit from Tata Electronics’ partnership with ASMPT Singapore for establishing semiconductor assembly infrastructure?
A) Maharashtra and Gujarat
B) Tamil Nadu and Kerala
C) Assam and Karnataka
D) Punjab and Rajasthan
E) Uttar Pradesh and Bihar
Answer: C) Assam and Karnataka

Event and Location:

• Event: Tata Electronics partners with ASMPT Singapore to establish semiconductor assembly infrastructure.
• Location: Assam and Karnataka, India.
• Date: September 10, 2024

Mandates and Objectives:

• Tata Electronics has partnered with ASMPT Singapore to build semiconductor assembly equipment infrastructure in Assam and Karnataka.
• This collaboration aims to:
  • Drive technological innovation in semiconductor assembly.
  • Establish chip packaging units in Vemagal, Karnataka, and Jagiroad, Assam.
  • Focus on workforce training, advancing service engineering infrastructure, and R&D in semiconductor packaging technologies.
  • Promote sustainable growth by improving energy and material efficiency, fostering the semiconductor supply chain ecosystem.

Important Terms Explained:

• Semiconductor Assembly and Test (OSAT): A process in chip manufacturing that involves the assembly and testing of semiconductor devices.
• Chip Packaging: The final stage of semiconductor production, involving the encapsulation of integrated circuits in protective casings.

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