Daily Current Affairs August 04

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 August 04. 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.

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August 04| Daily Current Affairs 2023

Sports – Daily Current Affairs August 04

1. Who were the archers that clinched India’s first-ever gold medal at the archery world championships by defeating Mexico?
A) JyothiSurekhaVennam, Parneet Kaur, and Aditi Gopichand Swami
B) DeepikaKumari, Bombayla Devi Laishram, and Dola Banerjee
C) Atanu Das, Tarundeep Rai, and Pravin Jadhav
D) Abhishek Verma, Atanu Das, and JayantaTalukdar
E) LaishramSarita Devi, V. L. Laxmibai, and Dipika Pallikal Karthik
Answer: A) JyothiSurekhaVennam, Parneet Kaur, and Aditi Gopichand Swami

  • The Indian women’s compound team of JyothiSurekhaVennam, Parneet Kaur and Aditi Gopichand Swami won the gold medal at the World Archery Championships 2023 in Berlin, Germany
  • It was India’s first-ever gold at the archery world championships in any category.
  • The Indian trio defeated the Mexican team of Dafne Quintero, Ana Sofía Hernandez Jeon and Andrea Becerra 235-229 in the gold medal match to claim top podium.
  • Heading into the Berlin meet, India had won 11 medals – nine silvers and two bronze – at the World Archery Championships.

2. Which country’s cricketer, Alex Hales, recently announced his retirement from international cricket?
A) India
B) Australia
C) South Africa
D) England
E) New Zealand
Answer: D) England

  • England batsman Alex Hales has announced his retirement from international cricket at the age of 34
  • Hales played 11 Test matches, 70 ODIs and 75 T20Is, having made his international debut in a T20 match against India in Manchester in August 2011.
  • Hales, aged 34, was one of the leading figures of England’s change in approach to white ball cricket under Eoin Morgan after the 2015 World Cup.
  • He was also a key figure in them winning the 2022 T20 World Cup
  • Hales last played an ODI match in March 2019

3. Who has overtaken Viswanathan Anand to become India’s highest-ranked player in the FIDE rankings?
A) VishyAnand
B) PentalaHarikrishna
C) ViditGujrathi
D) B. Adhiban
E) Gukesh D
Answer: E) Teen Gukesh D

  • Teen chess champion Gukesh D ended Grandmaster Viswanathan Anand’s 37-year reign as India’s highest-ranking chess player in the live world (FIDE) rankings
  • The 17-year-old defeated MistradinIskandarov in the second round of the FIDE World Cup in Baku, Azerbaijan, and scored a live rating of 2755.9, while Anand’s rating was at 2754.0.
  • With this, Gukesh replaced his idol to move up to World No. 9 in the classic open category, while the five-time World Champion slipped to the 10th spot.
  • Anand, who first made it to the World’s top 10 in July 1991, has remained India’s top-ranked player in all published lists since January 1987.
  • He only dropped to second place in the live world rankings twice since 1986.

Obituary – Daily Current Affairs August 04

4. Who recently passed away and served as both the Telecom Secretary and Central Vigilance Commissioner (CVC)?
A) N Vittal
B) RaghuramRajan
C) Urjit Patel
D) Montek Singh Ahluwalia
E) Arvind Subramanian
Answer: A) N Vittal

  • Former Telecom Secretary and Central Vigilance Commissioner (CVC)N Vittal passed away
  • He was Padma Bhushan awardee(2012) and IAS officer of the Gujarat cadre, 1960 batch
    N Vittal has an impressive career history, serving in various high-ranking positions in the Indian government.
  • He held the position of Additional Chief Secretary (Home) in the Government of Gujarat and later became the Additional Secretary in the Department of Atomic Energy, Government of India.
  • Subsequently, he took on the role of Secretary in the Department of Electronics, also in the Government of India.
  • Continuing his ascent, N Vittal became the Chairman of the Telecom Commission and served as the Secretary in the Department of Telecommunication within the Government of India.
  • Later in his career, he was appointed Chairman of the Public Enterprises Selection Board.
  • His final and most notable appointment before retirement was as the Central Vigilance Commissioner.
  • He initiated policies for boosting software, setting up software technology parks and strategic alliance with the industry. This eventually led to the formation of the Software Technology Parks of India (STPI).
  • He also initiated the process of liberalisation in the telecom sector and played a major role in getting the National Telecom Policy 1994 approved.

Banking and Finance – Daily Current Affairs August 04

5. How much amount has the National Bank for Agriculture and Rural Development (NABARD) sanctioned to the Rajasthan government under the Rural Infrastructure Development Fund (RIDF) for the financial year 2023-24?
A) Rs 1,974.07 crore
B) Rs 1,074.07 crore
C) Rs 2,974.07 crore
D) Rs 1,674.07 crore
E) Rs 2,074.07 crore
Answer: A) Rs 1,974.07 crore

  • NABARD has sanctioned Rs 1,974.07 crore to the Rajasthan government under the Rural Infrastructure Development Fund (RIDF) for 2023-24.
  • NABARD Rajasthan Chief General Manager Dr Rajiv Siwach said Rs 930.44 crore has been sanctioned for three rural drinking water supply projects in Ajmer, Jalore, and Kota districts.
  • Further, Rs 926.48 crore was sanctioned for the construction of 676 rural roads in the desert and tribal areas of the state.
  • Earlier, Rs 117.15 crore had been sanctioned for the construction of 104 veterinary hospitals and 431 sub-centres in all districts of the state
Titbits

NABARD:

Abbreviation: National Bank for Agriculture and Rural Development
Recommendation Committee: B.Sivaramman Committee
Act: National Bank for Agriculture and Rural Development Act 1981
Founded: 12 July 1982
Headquarters: Mumbai, Maharashtra
Chairman : Shri Shaji K V

Rajasthan:

Capital : Jaipur
CM: Ashok Gehlot
Governor :Kalraj Mishra


6. What is the name of the recently launched non-linked and non-participating insurance product by IndiaFirst Life Insurance Company?
A) Life Secure Plan
B) Future Wealth Plan
C) Dream Protect Plan
D) Guarantee of Life Dreams (G.O.L.D.) Plan
E) Prosperity Plus Plan
Answer: D) Guarantee of Life Dreams (G.O.L.D.) Plan

  • IndiaFirst Life Insurance Company has launched a non-linked and non-participating product Guarantee of Life Dreams (G.O.L.D.) Plan, that offers policyholders regular long-term income.
  • The premium paying terms range between 6, 8, and 10 years for policy terms of 30 years and 40 years.
  • The starting premium is as low as ₹4,176 per month and offers the choice to pay annually or in instalments.
  • The plan offers three income options: immediate, intermediate and deferred.
Titbits

IndiaFirst Life Insurance:

Headquarters: Mumbai, Maharashtra
MD & CEO: R. M. Vishakha


7. Which two organizations have jointly set standards for the performance audit of Portfolio Management Services (PMS) players?
A) SEBI and RBI
B) SEBI and IRDAI
C) SEBI and APMI
D) APMI and IRDAI
E) RBI and APMI
Answer: C) SEBI and APMI

  • The Securities and Exchange Board of India (Sebi) and Association of Portfolio Managers in India (APMI) will jointly set standards for performance audit of portfolio management services (PMS) players.
  • After Sebi’s recent tightening of norms, PMS players are required to conduct a performance audit annually and submit a report within 60 days after the end of a financial year.
  • This performance audit needs to consider all clients’ portfolios managed by the PMS.
  • However, performance of advisory clients can be excluded only if it is not published in any marketing material or website.
  • The standard specified by APMI will be effective from October 1
Titbits

SEBI:

Abbreviation: Securities and Exchange Board of India
Establishment : 1992
Headquarters : Mumbai, Maharashtra
Chairman :MadhabiPuriBuch


8. How many Banking Correspondent Centers has HDFC Bank recently inaugurated across India?
A) Over 50 centers
B) Over 75 centers
C) Over 100 centers
D) Over 125 centers
E) Over 150 centers
Answer: C) Over 100 centers

  • HDFC Bank, India’s leading bank, announced the inauguration of more than 100 Banking Correspondent Centres (BCC) in Uttar Pradesh, Jammu & Kashmir, Bihar, Assam, Telangana, Odisha, and across many other states in India.
  • These centres will function as a mini branch, with Village Level Entrepreneurs (VLEs) assisting customers to avail banking products digitally.
  • The launch is aimed to provide a seamless banking experience to SURU customers to help fulfill their unmet financial needs.
  • These centres will raise awareness of HDFC Bank products at the grass-root level and promote customer interest.
Titbits

HDFC Bank:

Headquarters: Mumbai , Maharashtra
Tagline : We Understand Your World
CEO :SashidharJagdishan


9. Which company has partnered with Axis Bank to offer tailored financial solutions?
A) Altigreen
B) Axis Motors
C) GreenAxis
D) Altifin
E) AxisGreen
Answer: A) Altigreen

  • Altigreen, India’s top commercial electric vehicle maker, has partnered with Axis Bank to provide customized retail financing alternatives to its customers
  • This partnership is aligned to streamline and simplify the purchasing process and empower customers in their transition to electric mobility
  • Axis Bank’s extensive range of financial products will now be accessible to Altigreen’s customers across India
Titbits

Axis Bank:

Headquarters : Mumbai, Maharashtra
CEO : Mr Amitabh Chaudhary
Tagline :BadhtiKaNaamZindagi


Science and Technology – Daily Current Affairs August 04

10. Which type of anti-tank guided missiles did the Indian Air Force recently receive from Israel?
A) Javelin
B) Hellfire
C) Spike NLOS
D) Milan
E) AT-4
Answer: C) Spike NLOS

  • The Indian Air Force (IAF) received Israeli Spike Non-Line of Sight (NLOS) anti-tank guided missiles, which can hit targets from distances of up to 30 kilometres, to improve their ability to destroy enemy targets hidden behind mountains.
  • The Israeli Spike NLOS anti-tank guided missiles have been delivered and trials will begin soon
  • The NLOS missiles will now be integrated with the Russian-origin fleet of Mi-17V5 helicopters, which can take out targets from long distances and be very effective against enemy targets and assets hidden behind mountains or hills
Titbits

The Indian Air Force:

Founded: 8 October 1932
Headquarters: New Delhi
Commander-in-Chief: President DroupadiMurmu
Chief of the Air Staff (CAS): Air Chief Marshal Vivek Ram Chaudhari
Vice Chief of the Air Staff (VCAS) : Air Marshal Ashutosh Dixit]

Israel:

Capital : Jerusalem
Currency : Israeli new shekel
President: Isaac Herzog
Prime Minister: Benjamin Netanyahu


National Affairs – Daily Current Affairs August 04

11. Who jointly launched the Study in India (SII) Portal in New Delhi?
A) Shri Narendra Modi and Shri Amit Shah
B) Shri Dharmendra Pradhan and Shri S. Jaishankar
C) Shri Ravi Shankar Prasad and Smt. Nirmala Sitharaman
D) Shri Nitin Gadkari and Smt. SmritiIrani
E) Shri Rajnath Singh and Shri Piyush Goyal
Answer: B) Shri Dharmendra Pradhan and Shri S. Jaishankar

  • In line with Prime Minister Shri Narendra Modi’s vision of re-establishing India as a global hub of education, Union Education and Skill Development & Entrepreneurship Minister Shri Dharmendra Pradhan and Union External Affairs Minister Dr. S. Jaishankar jointly launched Study in India Portal in New Delhi
  • Minister of State for Education Dr Subhas Sarkar; Minister of State for Education, SmtAnnpurna Devi; Minister of State for Education and External Affairs Shri Rajkumar Singh; Member of Parliament, Dr Mahesh Sharma; senior officials of Ministry of Education and Skill Development and Ambassadors of more than 10 countries attended the event.
  • Study in India Portal is a dedicated website that will provide comprehensive information about the Indian Higher Education Institutions (HEIs). The website will illustrate academic programs covering but not limited to undergraduate (UG), postgraduate (PG), Doctoral level programs as well as courses in Indian Knowledge System like Yoga, Ayurveda, classical arts etc.
  • The website-portal will present information about the academic facilities, research support, and related information.
  • The new website will now have the provision for students to apply in more than one institute/course of their choice. The new portal will provide an integrated one-stop solution for student registration and visa application process.
  • Study in India is a flagship program of the Government of India, under the aegis of the Ministry of Education (MoE).
  • It Guided by the NEP
  • The Study in India programme aims to increase the number of international students in India.
  • The program also envisions promoting India as the preferred study destination, providing affordable and quality education comparable with global standards thereby contributing to improving the overall quality improvement in higher education.

12. Which cloud infrastructure has been selected by the Ministry of Education to modernize the national education technology platform, Digital Infrastructure for Knowledge Sharing (DIKSHA)?
A) Microsoft Azure
B) Amazon Web Services (AWS)
C) Google Cloud Platform (GCP)
D) Oracle Cloud Infrastructure
E) IBM Cloud
Answer: D) Oracle Cloud Infrastructure

  • The ministry of education has selected Oracle Cloud Infrastructure to modernise the national education technology platform Digital Infrastructure for Knowledge Sharing (DIKSHA)
  • The migration will help make DIKSHA more accessible and lower its IT costs.
  • The platform supports 1.48 million schools across 35 states and Union Territories and is available in 36 Indian languages
  • Under the seven-year collaboration pact, OCI will help the ministry use DIKSHA to provide educational resources to millions of additional students, teachers and collaborators across the country.
  • DIKSHA was built for school education and foundational learning programmes and represents one of India’s largest and most successful Digital Public Infrastructure (DPI) initiatives.
  • Using the open-source platform Sunbird – developed by the EkStep Foundation – DIKSHA helps teachers support inclusive learning for underserved communities and disabled students across the country

13. Until which date has the National Health Authority (NHA) extended the digital health incentives scheme (DHIS) under the Ayushman Bharat Digital Mission (ABDM)?
A) 31 December 2021
B) 31 December 2022
C) 31 December 2023
D) 31 December 2024
E) 31 December 2025
Answer: C) 31 December 2023

  • The National Health Authority (NHA) has extended its digital health incentives scheme (DHIS) under the Ayushman Bharat Digital Mission (ABDM) till 31 December 2023
  • Launched on 1 January 2023, DHIS provides financial incentives to hospitals, diagnostic labs, and digital health solution providers who contribute to the transformational digitization efforts under the ABDM initiative.
  • The scheme has significantly spurred the adoption of digital health technologies and practices across the nation
  • Its extension comes in response to positive feedback from health providers and tech companies, allowing more stakeholders to benefit from the scheme’s financial incentives.
    The DHIS enables eligible health facilities and digital solutions companies to earn up to ₹4 crore in incentives, determined by the number of digital health records linked to patients’ Ayushman Bharat Health Account numbers.
  • This incentive can be availed by the health facilities (hospitals, diagnostic labs) and Digital Solution Companies, registered with ABDM’s Health Facility Registry (HFR) and fulfilling the eligibility criterion specified under the scheme.
  • It is anticipated that the DHIS advantages offered to the DSCs will contribute to cost reduction or will be transmitted further to the relevant healthcare facilities to pay their digitization costs, etc.
Titbits

NHA:

Abbreviation : The National Health Authority
Founded: 23 May 2018
chairman : Ram Sewak Sharma
Headquarters– New Delhi


14. Arunachal Pradesh signed two MoUs with which ministry for the implementation of PM-USHA and PM e-Vidya initiatives?
A) Ministry of Home Affairs
B) Ministry of Finance
C) Ministry of Education
D) Ministry of External Affairs
E) Ministry of Health and Family Welfare
Answer: C) Ministry of Education

  • The Department of Education, Government of Arunachal Pradesh has inked two memorandum of understanding (MoUs) with the Ministry of Education, Government of India for the implementation of Pradhan MantriUchchatarShikshaAbhiyan (PM-USHA) for higher education and Pradhan Mantri e-Vidya (PM e-Vidya) for school education in the state
  • The MoUs were signed on the occasion of the just concluded AkhilBhartiyaShikshaSamagam 2023 at PragatiMaidan, New Delhi.
  • The two-day event that coincided with the 3rd anniversary of the National Education Policy 2020 was inaugurated by Prime Minister Narendra Modi.
  • Commissioner Education, Govt of Arunachal Pradesh, AmjadTak signed the MoUs in the presence of Union Ministers of State for Education, Subhas Sarkar, Annapurna Devi, and RajkumarRanjan Singh.
  • The first MoU for the implementation of the newly launched program PM-USHA was signed on behalf of the Directorate of Higher & Technical Education, Govt of Arunachal Pradesh, and the second one is for the launch of PM e-Vidya signed on behalf of the State Council of Educational Research and Training (SCERT), Arunachal Pradesh.
  • PM-USHA will be implemented to address the key gaps in the higher education sector of the state to improve equity, access, inclusion; providing quality teaching-learning process; improving accreditation of higher educational institutions; creation of ICT-based digital infrastructure; and enhancing the employability through a multi-disciplinary approach.
  • PM e-Vidya will be implemented across the State through DTH TV channels and shall be immensely beneficial to the school students for learning through e-Vidya. PM e-Vidya is a comprehensive initiative which unifies all efforts related to digital, online and on-air education to enable multi-mode access to education.
  • Both the programmes will pave the way for more inclusive development and excellence in the field of education in Arunachal Pradesh.
  • During the MoU signing ceremony, State’s Higher & Technical Education Director AlikJongkey, Deputy Director cum Deputy State Project Director (RUSA) Minto Ete, and SLO (NSS) Dr AK Mishra were also present.
Titbits

Arunachal Pradesh:

Capital :Itanagar
CM : Pema Khandu
Governor :KaiwalyaTrivikramParnaik


15. What is the new deadline set by the Directorate General of Foreign Trade (DGFT) for implementing the Track and Trace system for pharmaceutical and drug exports?
A) 1 March 2023
B) 1 April 2023
C) 1 January 2024
D) 1 February 2024
E) 1 March 2024
Answer: D) 1 February 2024

  • The Directorate General of Foreign Trade (DGFT) has extended the deadline for implementing the Track and Trace system for pharmaceutical and drug exports until 1 February 2024.
  • The extension applies to both Small Scale Industries (SSI) and non-SSI manufactured drugs.
  • This move follows a series of notifications intended to establish a procedural framework for implementing the Track and Trace system for drug formulation export consignments.
  • The Track and Trace system, which involves maintaining a Parent-Child relationship at packaging levels and uploading data onto the Central Portal, is a critical measure for increasing transparency in the pharmaceutical supply chain.
  • It allows for tracking the movement of drug consignments through various stages of packaging and distribution.


Over All Review

Sports 

  • The Indian women’s compound team of JyothiSurekhaVennam, Parneet Kaur and Aditi Gopichand Swami won the gold medal at the World Archery Championships 2023 in Berlin, Germany.
  • England batsman Alex Hales has announced his retirement from international cricket at the age of 34.
  • Teen chess champion Gukesh D ended Grandmaster Viswanathan Anand’s 37-year reign as India’s highest-ranking chess player in the live world (FIDE) rankings.

Obituary

  • Former Telecom Secretary and Central Vigilance Commissioner (CVC) N Vittal passed away.

Banking and Finance 

  • NABARD has sanctioned Rs 1,974.07 crore to the Rajasthan government under the Rural Infrastructure Development Fund (RIDF) for 2023-24.
  • IndiaFirst Life Insurance Company has launched a non-linked and non-participating product Guarantee of Life Dreams (G.O.L.D.) Plan, that offers policyholders regular long-term income.
  • The Securities and Exchange Board of India (Sebi) and Association of Portfolio Managers in India (APMI) will jointly set standards for performance audit of portfolio management services (PMS) players.
  • HDFC Bank, India’s leading bank, announced the inauguration of more than 100 Banking Correspondent Centres (BCC) in Uttar Pradesh, Jammu & Kashmir, Bihar, Assam, Telangana, Odisha, and across many other states in India.
  • Altigreen, India’s top commercial electric vehicle maker, has partnered with Axis Bank to provide customized retail financing alternatives to its customers.

Science and Technology

  • The Indian Air Force (IAF) received Israeli Spike Non-Line of Sight (NLOS) anti-tank guided missiles, which can hit targets from distances of up to 30 kilometres, to improve their ability to destroy enemy targets hidden behind mountains.

National Affairs

  • Union Education and Skill Development & Entrepreneurship Minister Shri Dharmendra Pradhan and Union External Affairs Minister Dr. S. Jaishankar jointly launched Study in India Portal in New Delhi.
  • The ministry of education has selected Oracle Cloud Infrastructure to modernise the national education technology platform Digital Infrastructure for Knowledge Sharing (DIKSHA).
  • The National Health Authority (NHA) has extended its digital health incentives scheme (DHIS) under the Ayushman Bharat Digital Mission (ABDM) till 31 December 2023.
  • The Department of Education, Government of Arunachal Pradesh has inked two memorandum of understanding (MoUs) with the Ministry of Education, Government of India for the implementation of Pradhan Mantri Uchchatar Shiksha Abhiyan (PM-USHA) for higher education and Pradhan Mantri e-Vidya (PM e-Vidya) for school education in the state.
  • The Directorate General of Foreign Trade (DGFT) has extended the deadline for implementing the Track and Trace system for pharmaceutical and drug exports until 1 February 2024.

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