Daily Current Affairs August 27

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 27. 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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August 27 | Daily Current Affairs 2024

Important Days – Daily Current Affairs August 27

1. What is the theme of World Water Week 2024?
A) Water and Climate Change
B) Water for Life
C) Bridging Borders: Water for a Peaceful and Sustainable Future
D) Clean Water for All
E) Water and Ecosystems
Answer: C) Bridging Borders: Water for a Peaceful and Sustainable Future

Event and Location:

• Event: World Water Week 2024
• Location: Global event with a focus on water cooperation

Mandates and Objectives:

• Objective: To emphasize the importance of water cooperation in promoting peace, security, and sustainability worldwide.

Important Terms Explained:

• World Water Week: An annual event focusing on global water issues, organized by the Stockholm International Water Institute (SIWI).

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Sports – Daily Current Affairs August 27

2. Who recently won the Asian U-15 Badminton Championship?
A) Rutuja Pingale
B) Tasnim Mir
C) Unnati Hooda
D) Tanvi Patri
E) Ashmita Chaliha
Answer: D) Tanvi Patri

Event and Location:

• Event: Asian U-15 Badminton Championship

Mandates and Objectives:

• Objective: To identify and develop young badminton talent across Asia, providing them with competitive exposure.

Important Terms Explained:

• Badminton Championships: These are structured tournaments where players compete in a knockout format to become the champion.

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3. Which country won the silver medal in the team event at the Asian Surfing Championships 2024?
A) Japan
B) China
C) Chinese Taipei
D) Republic of Korea
E) India
Answer: E) India

Event and Location:

• Event: Asian Surfing Championships 2024
• Location: Thulusdhoo, Maldives

Mandates and Objectives:

• Objective: To promote and recognize excellence in surfing across Asia, and provide a competitive platform for Asian surfers.

Important Terms Explained:

• Asian Games 2026: A major multi-sport event that will include surfing competitions, set to be hosted in Aichi-Nagoya, Japan.

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Ranking – Daily Current Affairs August 27

4. What is India’s rank in JLL’s Global Real Estate Transparency Index 2024?
A) 10th
B) 25th
C) 31st
D) 45th
E) 60th
Answer: C) 31st

Event and Location:

• Event: Release of JLL’s Global Real Estate Transparency Index 2024

Mandates and Objectives:

• Objective: To measure and rank the transparency of real estate markets worldwide, focusing on factors such as data access, transaction processes, and market fundamentals.

Important Terms Explained:

• Global Real Estate Transparency Index: A ranking system by JLL that assesses the transparency and accessibility of real estate markets across the globe.

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Banking and Finance – Daily Current Affairs August 27

5. What is the key feature of Tata AIA’s new term insurance plan, Sampoorna Raksha Promise?
A) Lifetime coverage without premium payment
B) Instant payout of ₹3 lakhs on death claim intimation
C) Premium refund on policyholder’s death
D) No coverage for terminal illnesses
E) Coverage up to the age of 80
Answer: B) Instant payout of ₹3 lakhs on death claim intimation

Event and Location:

• Event: Launch of Tata AIA’s new term insurance plan, Sampoorna Raksha Promise
• Location: India

Mandates and Objectives:

• Objective: To provide financial security with innovative features like instant payouts, terminal illness coverage, and deferred premiums.

Important Terms Explained:

• Terminal Illness Benefit: Provides 50% of the sum assured upon diagnosis of a terminal illness, waiving future premiums.

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6. Which financial institution partnered with Piramal Finance to offer loans to underserved markets?
A) State Bank of India
B) ICICI Bank
C) Central Bank of India
D) Punjab National Bank
E) HDFC Bank
Answer: C) Central Bank of India

Event and Location:

• Event: Partnership between Piramal Finance and Central Bank of India
• Location: India

Mandates and Objectives:

• Objective: To offer loans to middle and low-income borrowers, especially in rural and semi-urban areas, enhancing access to formal credit.

Important Terms Explained:

• Financial Inclusion: Efforts to provide affordable financial services to underserved populations, including credit and banking services.

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Awards – Daily Current Affairs August 27

7. Where was the 24th International Mother Teresa Awards Ceremony held in 2024?
A) Kolkata, India
B) New York, USA
C) Dubai, UAE
D) London, UK
E) Paris, France
Answer: C) Dubai, UAE

Event and Location:

• Event: 24th International Mother Teresa Awards Ceremony
• Location: Millennium Plaza, Dubai, UAE

Mandates and Objectives:

• Objective: To honor individuals who have made significant contributions in various fields such as education, social work, industry, and more, continuing Mother Teresa’s legacy of humanitarian work.

Important Terms Explained:

• Mother Teresa Awards: Established in 1997 to recognize excellence and dedication in humanitarian efforts and various professional fields, inspired by the life and work of Mother Teresa.

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8. Which Ministry organizes the Anubhav Awards ceremony?
A) Ministry of Home Affairs
B) Ministry of Finance
C) Ministry of Defence
D) Ministry of Personnel, Public Grievances and Pensions
E) Ministry of External Affairs
Answer: D) Ministry of Personnel, Public Grievances and Pensions

Event and Location:

• Event: 7th Anubhav Awards Ceremony 2024
• Location: Vigyan Bhawan, New Delhi

Mandates and Objectives:

• Objective: To recognize and honor the contributions of retiring/retired government employees through the Anubhav platform, allowing them to showcase their significant achievements during their service.

Anubhav Awardees:

Anubhav Jury Certificate Winners:

Important Terms Explained:

• Anubhav Awards: An award recognizing the valuable contributions of retiring government employees, established by the Department of Pension & Pensioners’ Welfare.

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Science and Technology – Daily Current Affairs August 27

9. Which two companies have expanded their partnership to integrate AI enterprise solutions and enhance AI adoption?
A) Infosys and IBM
B) Wipro and Dell Technologies
C) TCS and Microsoft
D) Google and Intel
E) Accenture and SAP
Answer: B) Wipro and Dell Technologies

Event and Location:

• Event: Expansion of Wipro’s partnership with Dell Technologies
• Location: Global collaboration, significant in the tech industry

Mandates and Objectives:

• Objective: To accelerate AI adoption across cloud, data centers, and edge environments, integrating Dell’s AI Factory into Wipro’s Enterprise AI-Ready Platform.

Important Terms Explained:

• AI Factory: A comprehensive AI infrastructure by Dell, combined with Nvidia technology, designed to enhance AI processing capabilities.

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International Affairs – Daily Current Affairs August 27

10. Which two countries recently resolved to enhance their cooperation in combating terrorism?
A) India and China
B) India and Indonesia
C) India and Pakistan
D) India and Bangladesh
E) India and Sri Lanka
Answer: B) India and Indonesia

Event and Location:

• Event: Sixth meeting of the India-Indonesia Joint Working Group on Counter-Terrorism
• Location: Jakarta, Indonesia

Mandates and Objectives:

• Objective: To strengthen cooperation in combating terrorism, focusing on preventing the misuse of new technologies and condemning cross-border terrorism, particularly Pakistan’s support for terror groups in Jammu and Kashmir.

Important Terms Explained:

• Cross-Border Terrorism: Terrorist activities carried out across national borders, often supported by state or non-state actors from neighboring countries.

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National Affairs – Daily Current Affairs August 27

11. Which state in India became the first to adopt the Unified Pension Scheme for its employees?
A) Uttar Pradesh
B) Gujarat
C) Maharashtra
D) Tamil Nadu
E) Rajasthan
Answer: C) Maharashtra

Event and Location:

• Event: Adoption of the Unified Pension Scheme (UPS)
• Location: Maharashtra, India

Mandates and Objectives:

• Objective: The Unified Pension Scheme offers an assured pension to state government employees, ensuring financial security post-retirement.

Important Terms Explained:

• Unified Pension Scheme (UPS): A scheme for government employees introduced by the Union government to provide a guaranteed pension, replacing the National Pension Scheme (NPS) for those opting in.

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12. What new feature has the Union Government introduced in the public grievance redressal system as per the 2024 guidelines?
A) 45-day grievance resolution timeline
B) Decentralized grievance handling
C) AI-driven mechanism for grievance analysis
D) Grievance filing through postal services only
E) Discontinuation of the CPGRAMS portal
Answer: C) AI-driven mechanism for grievance analysis

Event and Location:

• Event: Introduction of new guidelines for public grievance redressal by the Union Government
• Location: India

Mandates and Objectives:

• Objective: To streamline public grievance redressal, reduce resolution time, and improve system efficiency using advanced technology.

Important Terms Explained:

• CPGRAMS (Centralized Public Grievance Redress and Monitoring System): A government portal that serves as a single platform for citizens to register grievances.

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13. Which device was launched by Union Finance Minister Nirmala Sitharaman during the inauguration of GST Bhawan in Udaipur?
A) GST-Scanner
B) Tax-Assist 1.0
C) ICETAB 2.0
D) Customs-Pro
E) GST-Watch
Answer: C) ICETAB 2.0

Event and Location:

• Event: Inauguration of GST Bhawan
• Location: Udaipur, Rajasthan

Mandates and Objectives:

• Objective: To improve infrastructure for GST zones and enhance customs operations through technological advancements.

Important Terms Explained:

• ICETAB 2.0: A handheld device designed for customs operations, enabling real-time uploading of examination reports and quicker cargo clearance.

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14. Under which scheme did the Indian government approve start-ups in the field of technical textiles?
A) MUDRA Yojana
B) GREAT Scheme
C) Start-up India
D) Atal Innovation Mission
E) Make in India
Answer: B) GREAT Scheme

Event and Location:

• Event: 8th Empowered Programme Committee (EPC) meeting under the National Technical Textiles Mission
• Location: Udyog Bhawan, New Delhi

Mandates and Objectives:

• Objective: To support innovation in technical textiles through start-ups and enhance education in the field by introducing relevant courses.

Important Terms Explained:

• Technical Textiles: Textile materials and products manufactured for non-aesthetic purposes, with a focus on functionality.
• GREAT Scheme: “Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles” aims to promote innovation and entrepreneurship in technical textiles.

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15. Which two institutions signed an MoU to enhance cooperative management in the fisheries sector?
A) ICAR and NABARD
B) VAMNICOM and IIM-A
C) ICAR-CIFE and VAMNICOM
D) ICRISAT and ICAR-CIFE
E) VAMNICOM and NCDC
Answer: C) ICAR-CIFE and VAMNICOM

Event and Location:

• Event: Signing of MoU to enhance cooperative management in the fisheries sector
• Location: ICAR-CIFE Campus, Mumbai, India

Mandates and Objectives:

• Objective: To strengthen cooperative management in fisheries through education, research, and capacity building.

Important Terms Explained:

• Cooperative Management: Involves managing organizations where members (producers, consumers, or workers) jointly own and control the enterprise.

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16. Which two institutions partnered to introduce a Social and Emotional Learning (SEL) programme in legal education?
A) NLSIU and IIT Bombay
B) IIM Ahmedabad and JNU
C) ISB and Chanakya National Law University
D) IIM Bangalore and NALSAR
E) ISB and NLU Delhi
Answer: C) ISB and Chanakya National Law University

Event and Location:

• Event: Introduction of a social and emotional learning (SEL) programme
• Location: India (at ISB Online and Chanakya National Law University)

Mandates and Objectives:

• Objective: To integrate social and emotional learning into the legal education curriculum, enhancing students’ interpersonal and intrapersonal skills.

Important Terms Explained:

• Social and Emotional Learning (SEL): Educational approach focusing on the development of emotional intelligence, stress management, leadership, and teamwork skills.

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Over All Review

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