Daily Current Affairs September 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 September 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.

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 04| Daily Current Affairs 2023

Sports – Daily Current Affairs September 04

1. Which team emerged as the winner of the 94th All India MCC-Murugappa Gold Cup hockey tournament held in 2023?
A) Punjab National Bank
B) Indian Railways
C) Air India
D) Karnataka Hockey Team
E) Mumbai Hockey Association
Answer: B) Indian Railways

• In a spirited final, Indian Railways won the 94th All India MCC-Murugappa Gold Cup hockey tournament 2023, crushing Hockey Karnataka 5-2.
• The chief guest, the state minister for Sports and Youth Affairs, Udhayanidhi Stalin, presented the Gold Cup winners trophy to Indian Railways, along with a cash prize of Rs 7 Lakh.
• The runners-up, Hockey Karnataka were presented with the Silver Cup and recieved a cash prize of Rs 5 Lakh.
• The match was played at the Mayor Radhakrishnan Stadium

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2. Who emerged as the winner of the Italian Grand Prix in Formula 1?
A) Lewis Hamilton
B) Charles Leclerc
C) ValtteriBottas
D) Sebastian Vettel
E) Max Verstappen
Answer: E) Max Verstappen

Italian Grand Prix

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3. Which football club emerged victorious by beating East Bengal 1-0 to lift the Durand Cup 2023 in Kolkata?
A) East Bengal
B) ATK Mohun Bagan
C) Kerala Blasters
D) Chennaiyin FC
E) Bengaluru FC
Answer: B) ATK Mohun Bagan

• Mohun Bagan clinched the Durand Cup 2023 trophy beating East Bengal 1-0 at the Salt Lake Stadium in Kolkata.
• Mohun Bagan won the 132nd Durand Cup for the first time in 23 years
• Mohun Bagan SG has become the first team in the history of Durand Cup to win 17 titles.
• East Bengal are the second-most successful team in the Durand Cup, and has 16 titles under its name

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Banking and Finance – Daily Current Affairs September 04

4. What did Pine Labs recently introduce to facilitate QR and card-based payments?
A) Mobile App
B) Payment Wallet
C) E-commerce Platform
D) Point of Sale (PoS) Device
E) Cryptocurrency Exchange
Answer: D) Point of Sale (PoS) Device

• Digital payments provider Pine Labs has launched Mini, a cheaper variant of its point-of-sale (PoS) device, which will allow merchants to accept both quick response (QR)-based and card-based payments.
• The device is near-field communication-enabled, and can accept card payments only through the tap-to-pay mode.
• Mini device is available at nearly a third of the cost of a regular PoS terminal, and is targetted at small merchants.
• This comes at a time when the competition in the PoS market is fierce, as companies see this as a way of revenue generation.

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5. Which bank has partnered with OneCard to launch mobile-first co-branded credit cards?
A) HDFC Bank
B) Axis Bank
C) Indian Bank
D) ICICI Bank
E) State Bank of India
Answer: C) Indian Bank

• Indian Bank, a public sector bank in India, has announced its partnership with OneCard, aimed at introducing state-of-the-art, mobile-first, contactless, metal co-branded credit cards.
• This partnership will empower users with full digital control over their credit card interactions — ranging from real-time transactions tracking, spends management, EMI conversion, reward redemption, repayments, monthly budget planning to credit limit adjustments and seamless payments, all in-app
• This international metal credit card is curated to offer a host of tailored benefits, including lifetime validity with zero joining and annual fees. The card allows card holders to oversee/track every facet of their credit card interactions in the feature-packed app
  For the unversed, OneCard is a mobile-first metal credit card launched and managed by FPL Technologies in partnership with issuer banks.
• FPL Technologies was founded by Anurag Sinha, Rupesh Kumar, and VibhavHathi, who come from banking backgrounds with deep expertise in payments, credit and building and scaling digital businesses.

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6. What recent development has occurred with the State Bank of India (SBI) regarding its digital rupee (DigiRupee)?
A) Launch of a new mobile banking app
B) Integration with cryptocurrency platforms
C) Enabling interoperability with Unified Payments Interface (UPI)
D) Introduction of blockchain technology for transactions
E) Partnership with a foreign bank for cross-border transactions
Answer: C) Enabling interoperability with Unified Payments Interface (UPI)

• State Bank of India (SBI) has introduced UPI interoperability in its Digital Rupee (e rupee), also known as the Central Bank Digital Currency (CBDC).
• This feature is accessible through the ‘e rupee by SBI’ application and allows SBI CBDC users to scan merchant UPI QR codes for transactions.
• UPI is a popular payment system in India that allows users to make payments by scanning QR codes or entering UPI IDs.
• The interoperability between DigiRupee and UPI will make it easier for customers to use the digital currency for everyday transactions
• The digital rupee, also called as Central Bank Digital Currency (CBDC), was launched by the Reserve Bank of India on a pilot basis on December 1, 2022.
• In the Union Budget 2022-23, Finance Minister Nirmala Sitharaman announced about rolling out of the digital currency called Central Bank Digital Currency (CBDC). CBDCs are an electronic form of a sovereign currency.
• As is the case with cash, it will not earn any interest but can be converted to other forms of money, like deposits with banks.
• Also, IDFC First Bank announced the integration of UPI QR codes with its Central Bank Digital Currency (CBDC) app aimed to enhance the adoption of digital rupee and boost its utilisation.

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7. One97 Communications recently launched a new product called Card Soundbox. What is the primary purpose of this innovation?
A) Enhancing mobile gaming experiences
B) Improving internet connectivity in remote areas
C) Empowering merchants to accept mobile and card payments
D) Providing a new music streaming service
E) Offering online education solutions
Answer: C) Empowering merchants to accept mobile and card payments

• One97 Communications, which owns the brand Paytm launched its latest innovation – Card Soundbox, which is intended to empower merchants to accept both mobile and card payments across all Visa, Mastercard, American Express and RuPay networks.
• UPI payment system has become hugely popular for retail digital payments in India, and its adoption is increasing at a rapid pace.
• These card-based payments on ‘tap and pay’ basis will help merchants scale their business. With Paytm Card Soundbox, the company solves two problems for merchants – accepting card payments along with instant audio alerts for all payments.
• Paytm was the first company to launch audio-based confirmations with PaytmSoundbox in 2019.
• Paytm Card Soundbox has a built-in ‘tap and pay’ functionality through which merchants can accept card payments up to Rs 5,000.
• The Made in India device, powered by 4G network connectivity, has a 4W speaker, and battery life of five days.
• Designed keeping the diverse merchant base in mind, the device offers alerts in 11 languages that can be changed by the merchant through ‘Paytm for Business’ app.

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Business and Economy – Daily Current Affairs September 04

8. What is the initial investment approved by the board of InterGlobe Aviation Ltd for the creation of its financial services arms?
A) Rs 10 crore
B) Rs 20 crore
C) Rs 30 crore
D) Rs 40 crore
E) Rs 50 crore
Answer: C) Rs 30 crore

• The board of InterGlobe Aviation Ltd, which operates India’s largest airline IndiGo, approved the creation of financial services arms with an initial investment of Rs 30 crore.
• The company in a filing to the exchanges outlined that the Board of Directors has approved the incorporation of a Private Limited Company with an initial investment of Rs 30 crore.
• The airline’s board has approved the investment which will be setup in the Special Economic Zone at Gujarat International Finance Tec-City,
• Furthermore, the airline’s board has also approved issuing corporate guarantees worth up to $996 million to secure the payment obligations of the aforesaid wholly-owned subsidiary.
• IndiGo’s announcement comes just a few days after Air India became the first major airline to set up a leasing unit at IFSC Gift City in Gujarat.
• Last year the government exempted aircraft leasing companies from paying corporate and withholding tax on leasing transactions in a bid to promote aircraft leasing from GIFT City.

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Acquisitions and Mergers – Daily Current Affairs September 04

9. What announcement did the Competition Commission of India (CCI) make concerning the merger between Tata SIA Airlines (Vistara) and Tata group’s Air India?
A) Rejected the merger application
B) Approved the merger with no conditions
C) Approved the merger with specific conditions
D) Deferred the decision on the merger
E) Recommended an alternative merger partner for Tata SIA Airlines
Answer: C) Approved the merger with specific conditions

• Competition Commission of India (CCI) has approved the merger of Tata SIA Airlines which operates Vistara with the Tata group’s Air India subject to the parties complying with certain voluntary commitments.
• The merger also involved Singapore Airlines and Tata Sons Pvt. Ltd. acquiring some shares in the merged entity Air India subject to compliance of voluntary commitments offered by the parties.
• The transaction also involves acquisition of additional shares in the merged entity by Singapore Airlines in a preferential allotment.
• Tata Sons had acquired Air India in January 2022 through its subsidiary TalacePvt. Ltd.
• The Tata group had announced last November that as part of the merger, SIA will invest ₹2,059 crore in Air India. Post the consolidation, SIA will hold 25.1% shareholding in Air India. The deal is to be completed by March 2024.
• TSAL is a joint venture between the Tata Group and the Singapore Airlines with the former holding 51% and the latter 49%.

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Appointments – Daily Current Affairs September 04

10. Who has been appointed as the Chairperson of the National Association of Software and Service Companies (NASSCOM)?
A) SundarPichai
B) Rajesh Nambiar
C) Arvind Krishna
D) RishadPremji
E) N. R. Narayana Murthy
Answer: B) Rajesh Nambiar

• The National Association of Software and Service Companies (nasscom) has announced the appointment of Rajesh Nambiar, Chairman and Managing Director, Cognizant India as its Chairperson.
• Nambiar takes on the new role from his previous role as Vice Chairperson succeeding AnantMaheshwari, Former President, of Microsoft India.
• Nambiar along with President Debjani Ghosh, will continue to work with the nasscom Executive Council, industry, and the government in strengthening India’s position as a global technology hub while navigating the current volatile macro environment.

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11. Who has been elected as the Prime Minister of Vanuatu by the country’s parliament?
A) Sato Kilman
B) Moana Carcasses
C) CharlotSalwai
D) Edward Natapei
E) Joe Natuman
Answer: A) Sato Kilman

• Vanuatu’s parliament elected Sato Kilman as the Pacific Island nation’s new prime minister
• Kilman, a former prime minister and leader of the People’s Progressive Party, was elected prime minister 27/23 in a secret ballot by lawmakers.

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12. Who has been appointed as the interim MD & CEO of Kotak Mahindra Bank?
A) Uday Kotak
B) Aditya Puri
C) Rana Kapoor
D) Dipak Gupta
E) Chanda Kochhar
Answer: D) Dipak Gupta

• Uday Kotak has stepped down as the Kotak Mahindra Bank managing director and chief executive officer with effect from September 1,
• Kotak will, however, continue as a non-executive director of the bank,
  Uday Kotak’s tenure as the chief executive officer and managing director of the bank ends on December 31, 2023.
• As an interim arrangement, Dipak Gupta, the joint managing director, will carry out the duties of the MD and CEO until December 31, subject to the approval of the RBI and the members of the bank

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Awards – Daily Current Affairs September 04

13. What honor was bestowed upon Shanta Thoutam at the BRICS event?
A) Nobel Peace Prize
B) World Innovation Award
C) BRICS Leadership Award
D) Global Entrepreneurship Award
E) International Humanitarian Award
Answer: B) World Innovation Award

• Telangana’s Chief Innovation Officer (CIO) Shanta Thoutam has been presented with the World Innovation Award at the first BRICS Innovation Forum hosted at Moscow from August 27 to 29.
• The award is given for outstanding contribution to the Sustainable Development Goal-4 that ensures inclusive and equitable quality education and promotes lifelong opportunities for all.
• There were representations from more than 30 countries at the forum.
• The World Innovation Award, organized by World Organisation for Development, an international NGO with Special Consultative Status with United Nations Economic & Social Council, honours leaders from the developing world that have made an outstanding personal contribution to the achievement of Sustainable Development Goals through a systematic effort to implement innovative solutions.

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Science and Technology – Daily Current Affairs September 04

14. How many Starlink satellites were successfully launched into orbit by the SpaceX Falcon 9 rocket in the mentioned mission?
A) 10
B) 15
C) 20
D) 23
E) 30
Answer: D) 23

• SpaceX launched a new batch of Starlink internet satellites to low-Earth orbit.
• The company’s Falcon 9 rocket with 23 satellites lifted off from Launch Complex 39A (LC-39A) at NASA’s Kennedy Space Center in Florida.
• This was the 10th flight for the rocket’s first stage booster supporting mission, which previously supported SES-22, ispace’s HAKUTO-R Mission 1, Hispasat Amazonas Nexus mission, CRS-27, and five Starlink missions.
• Meanwhile, SpaceX’s Dragon spacecraft with Crew-6 members aboard is set to splashdown off the coast of Jacksonville
• Crew-6 flew to the space station on a SpaceX Falcon 9 rocket from the agency’s Kennedy Space Center in Florida.
• The four-member crew including NASA astronauts Stephen Bowen and Woody Hoburg, Rocosmos cosmonaut Andrey Fedyaev, and UAE (United Arab Emirates) astronaut Sultan Alneyadi, are returning home after a nearly six-month stay at the International Space Station.
• The Dragon spacecraft, named Endeavour, undocked from the forward-facing port of the Space Station’s Harmony module

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International Affairs – Daily Current Affairs September 04

15. In which month did the US state of Georgia officially declare as ‘Hindu Heritage Month’?
A) January
B) March
C) October
D) November
E) December
Answer: C) October

• The US state of Georgia has officially declared October as the “Hindu Heritage Month” to acknowledge the contributions of the vibrant Hindu-American community in the state.
• In a proclamation, Governor Brian Kemp declared October as the ‘Hindu Heritage’ month
  CoHNA (Coalition of Hindus of North America), a Hindu advocacy group in the US also welcomed the move and thanked Governor Kemp for recognising the Hindu community which is a significant contributor to diverse sectors.
• According to the Hindu American Foundation, Hindu Heritage Month (HHM) is a global movement highlighting Hinduism as a tradition and its contributions to human society.
• October is significant because it is the birth month of Mahatma Gandhi and is often when major Hindu holidays such as Navaratri and Diwali are celebrated.

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National Affairs – Daily Current Affairs September 04

16. Who inaugurated the Vizag International Cruise Terminal (VICT) and various other projects worth Rs 333 crore at Visakhapatnam Port?
A) Prime Minister Narendra Modi
B) Finance Minister Nirmala Sitharaman
C) Shipping Minister SarbanandaSonowal
D) Chief Minister of Andhra Pradesh Y. S. Jagan Mohan Reddy
E) Union Minister of Ports, Shipping, and Waterways Mansukh Mandaviya
Answer: C) Shipping Minister SarbanandaSonowal

• Shipping Minister SarbanandaSonowal inaugurated Vizag International Cruise Terminal (VICT) and a few more projects worth Rs 333 crore at Visakhapatnam Port
• Besides the cruise terminal, he inaugurated a covered storage shed, world-class truck parking terminal and a revamped berth (OR-1 berth).
• The covered storage shed is equipped to handle 84,000 tonne of bulk and bagged cargo with mist arrangement to suppress dust.
• The cruise terminal can handle 2,000 passengers at a time and the port city will be developed as a cruise hub in the future
• According to the Shipping Minister, cruise tourism provides huge opportunity for India with a market size of more than $7 billion.

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17. LokpriyaGopinathBordoloi International Airport (LGBI) in Guwahati recently received international recognition by obtaining which certification?
A) ISO 9001:2015
B) ISO 10002:2018
C) ISO 14001:2015
D) ISO 27001:2013
E) ISO 45001:2018
Answer: B) ISO 10002:2018

• LokpriyaGopinathBordoloi International Airport (LGBI) in Guwahati has achieved international acclaim by receiving the ISO 10002:2018 certification.
• This recognition comes after a comprehensive evaluation of the airport’s Quality Management System, Operational Management, and Airport Development processes.
• ISO 10002:2018 is a globally respected certification in the realm of Quality Management Systems, particularly for airport operations, management and development.

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18. What initiative did the Archaeological Survey of India (ASI) recently launch, aiming to collaborate with corporate stakeholders for the preservation of monuments?
A) Monument Makeover Campaign
B) Heritage Restoration Challenge
C) Adopt a Heritage 2.0
D) Monuments’ Guardianship Project
E) Cultural Heritage Revival Program
Answer: C) Adopt a Heritage 2.0

• The ASI launched the ‘Adopt a Heritage 2.0’ programme seeking collaboration with corporate stakeholders in preservation of monuments.
• Besides, a user-friendly mobile app, named ‘Indian Heritage’, which will showcase the heritage monuments of India, was also unveiled.
• The Archeological Survey of India (ASI) has 3,697 monuments under its ambit.
• The ‘Adopt a Heritage 2.0’ programme seeks to foster collaboration with corporate stakeholders through which they can contribute to preservation of these monuments for the next generations
• The programme is a revamped version of the earlier scheme launched in 2017 and clearly defines the amenities sought for different monuments as per the AMASR Act, 1958.
• It invites corporate stakeholders to enhance amenities at a monuments by utilising their corporate social responsibility (CSR) funds, the culture ministry said.
• An e-permission portal, with URL www.asipermissionportal.gov.in, for obtaining permission for photography, filming and developmental projects on monuments was launched on the occasion.
• The portal will fast-track the process for obtaining various permissions and solve operational and logistical bottlenecks involved

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19. How many entrepreneurs are the Education Ministry and Meta aiming to skill through their collaboration?
A) 10,000
B) 100,000
C) 250,000
D) 500,000
E) 1,000,000
Answer: D) 500,000

• The Ministry of Education, Ministry of Skill Development and Entrepreneurship, and Meta signed a three-year partnership to take digital skills to the grassroots, thus building talent pool capacities and seamlessly connecting students, youth, and micro-entrepreneurs across the country.
• Under the partnership known as ‘Education to Entrepreneurship: Empowering a Generation of Students, Educators and Entrepreneurs’, Meta signed three letters of intent (LoI) with the National Institute for Entrepreneurship and Small Business Development (NIESBUD), the All India Council for Technical Education (AICTE) and the Central Board of Secondary Education (CBSE).
• The partnership will facilitate training of 5 lakh budding and existing entrepreneurs in digital marketing skills through Meta platforms like Facebook, WhatsApp, and Instagram in seven regional languages.
• Earlier this year, Meta launched the Creators of Metaverse programme with AICTE under which 100,000 students and 20,000 educators are being enabled in augmented reality, virtual reality and artificial intelligence.
• Further, a two-year diploma course in animation is set to be introduced for students across AICTE-affiliated colleges.

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20. What recent status has been granted to the National Council of Educational Research and Training (NCERT)?
A) Autonomous Institute
B) Public University
C) Private University
D) Deemed-to-be-University
E) Research Center
Answer: D) Deemed-to-be-University

• National Council of Educational Research and Training has been granted deemed-to-be-university status, Union Education Minister Dharmendra Pradhan announced
  As the apex organisation for school education, the NCERT undertakes various activities and programmes, including educational research and innovation, curriculum development and development of textual and teaching-learning materials.
• The NCERT has been granted the deemed-to-be-university status in the ‘De Novo’ category.
• A De-Novo deemed university is an institution that can apply to the UGC for setting up a new institution as deemed-to-be-university, which will undertake study and research in unique and emerging areas of knowledge that are not offered by any existing institution.

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21. What recent recognition has been granted to Rashtriya Chemicals and Fertilizers (RCF) by the government of India?
A) Maharatna status
B) Mini-Ratna status
C) Navratna status
D) Public Sector Enterprise status
E) Fertilizer Industry Excellence Award
Answer: C) Navratna status

• Rashtriya Chemicals and Fertilizers (RCF) has been granted the Navratna status by the government of India.
• This is the highest status that can be given to a public sector enterprise (PSE).
• RCF is a leading manufacturer of fertilizers, chemicals, and specialty products.
• It has a market capitalization of over Rs 7,000 crore and employs over 10,000 people.

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22. Who recently launched the logo and website of the Uttarakhand Global Investors Summit?
A) Prime Minister Narendra Modi
B) Chief Minister Pushkar Singh Dhami
C) Chief Minister Yogi Adityanath
D) Chief Minister Mamata Banerjee
E) Chief Minister Arvind Kejriwal
Answer: B) Chief Minister Pushkar Singh Dhami

• Chief Minister Pushkar Singh Dhami launched the logo and website of Uttarakhand Global Investors’ Summit during a programme organised in Dehradun
• This time an investment target of Rs 2.50 lakh crore has been set at the investors’ summit.
• Uttarakhand is in the achievers category in Ease of Doing Business. In the Export Preparedness Index released by NITI Aayog, Uttarakhand ranks first among the Himalayan states while it ranks 9th in the country as a whole
• The tagline of the summit is ‘peace to prosperity’
• An online single window clearance portal www.investuttarakhand.uk.gov.in has been created in the state to provide required approval/permission/approval to investors for setting up industries.
• The logo of Destination Uttarakhand-Global Summit 2023 is a reflection of the sentiments of the state.

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