Daily Current Affairs September 06
Table of Contents
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September 06| Daily Current Affairs 2023
Sports – Daily Current Affairs September 06
1. Which company is the official sponsor of the Indian contingent at the Hangzhou Asian Games?
A) Amul
B) Coca-Cola
C) Nike
D) Reliance Industries
E) None of the above
Answer: A) Amul
- Amul is named as the official sponsor of the Indian Contingent for the 19th Asian Games 2022 to be held in Hangzhou, China from September 23 to October 8, 2023.
- The XIX Asian Games 2022 will feature 482 events across 40 sports. The Asian Games, also known as Asiad, is a continental multi-sport event held every fourth year among athletes from all over Asia.
- The upcoming event is officially called the 19th Asian Games Hangzhou 2022.
- The India contingent will field 634 athletes at the Asian Games across 38 different sports with the largest contingent of 65 in athletics.
- At the last edition, Jakarta 2018, India sent a contingent of 570 to compete in 36 sports and won 70 medals.
Amul:
Headquarters: Anand , Gujarat
Chairman: Shamalbhai B Patel
Ranking – Daily Current Affairs September 06
2. Who secured the top position on the Fortune India Rich List 2023?
A) MukeshAmbani
B) Ratan Tata
C) Gautam Adani
D) Azim Premji
E) None of the above
Answer: A) MukeshAmbani
- MukeshAmbani, the patriarch of Reliance Industries (RIL), and Gautam Adani, the chairman of Adani Group of companies, have secured the top positions on the Fortune India Rich List, created in partnership with Waterfield Advisors, with respective wealth of $99.7 billion and $63.71 billion.
- With a wealth of $34.6 billion, the Mistry family of ShapoorjiPallonji Group holds the third position on the list, while the Poonawalla family, owners of vaccine maker Serum Institute, with a wealth of $32.9 billion, stands fourth.
- Stockbroker and founder of D-Mart-branded grocery stores, RadhakishanDamani, claims the fifth spot on the India Rich List with a wealth of $23.4 billion.
- The Who’s Who of India Inc, including the Shiv Nadar family, Azim Premji, Godrejs, Bajajs, and Kumar Mangalam Birla, have made it to the top 10 rich list.
Banking and Finance – Daily Current Affairs September 06
3. Which company has partnered with KredX to transform B2B payments?
A) Visa
B) American Express
C) Mastercard
D) Discover
E) PayPal
Answer: C) Mastercard
- Mastercard has partnered with KredX, a supply chain finance platform, in a strategic move aimed at revolutionising B2B digital payments, ensuring benefits for both enterprises and vendors.
- This partnership involves Mastercard seamlessly integrating its commercial card services into the KredX platform, effectively streamlining the intricacies commonly associated with B2B payments, especially those involving cards.
MastercardInc:
CEO: Michael Miebach
Headquarters: Purchase, Harrison, New York, United States
Founded: 3 November 1966
KredX:
Headquarters: Bangalore, Karnataka
Founder & CEO: Manish Kumar
4. Which credit card has SBI Card launched specifically for micro, small, and medium enterprises (MSMEs)?
A) SimplySAVE Merchant SBI Card
B) SimplySAVE SBI Card
C) SimplyCLICK SBI Card
D) SimplyFLEX SBI Card
E) SimplyLIFE SBI Card
Answer: A) SimplySAVE Merchant SBI Card
- SBI Card has launched ‘SimplySAVE Merchant SBI Card’ for micro, small, and medium enterprises (MSMEs), with the offer of short-term credit options and other exclusive benefits.
- The SimplySAVE Merchant SBI Card operates on the RuPay network and can be linked to UPI for payments through UPI-enabled third-party apps.
SBI cards payment services ltd:
Headquarters : New Delhi, Delhi
MD & CEO: Abhijit Chakravorty
5. What is the name of the super premium metal credit card introduced by AU Small Finance Bank Ltd?
A) Zenith + Super Premium Metal Credit Card
B) Platinum Plus Credit Card
C) Elite Rewards Credit Card
D) Infinite Signature Credit Card
E) Prestige World Mastercard
Answer: A) Zenith + Super Premium Metal Credit Card
- AU Small Finance Bank Ltd has introduced the Zenith + Super Premium Metal Credit Card, expanding its range of banking solutions.
- This credit card includes features like premium lounge access, personaliSed concierge services, and a welcome with Premium Brand vouchers or Reward Points worth Rs 5000.
- Cardholders can also indulge in exclusive dining experiences with a 1-year Taj Epicure Membership, along with monthly bonus Reward Points, 24×7 concierge services, a 1 per cent fuel surcharge waiver, and zero cash withdrawal fees.
AU Small Finance Bank:
Headquarters: Jaipur, Rajasthan
MD &CEO : Mr. Sanjay Agarwal
Tagline: ChaloAageBadhe
6. Which company has announced the launch of India’s first-ever UPI-ATM as a White Label ATM (WLA) in collaboration with the National Payments Corporation of India (NPCI)?
A) Hitachi Payment Services
B) State Bank of India
C) HDFC Bank
D) ICICI Bank
E) Axis Bank
Answer: A) Hitachi Payment Services
- Hitachi Payment Services, a payments and commerce solutions provider, launched India’s first-ever UPI-ATM as a white label ATM (WLA), in association with National Payments Corporation of India (NPCI), offering secure cardless cash withdrawals.
- The UPI-only white label ATM enhances customer security by eliminating the need for physical cards.
Hitachi Payment Services Pvt. Ltd:
Headquarters : Mumbai, Maharashtra
Managing Director &
Chief Executive Officer – Cash Business: SumilVikamsey
7. Which organization has signed a USD 100 million foreign currency term loan agreement with EXIM Bank?
A) REC
B) World Bank
C) IMF
D) Asian Development Bank
E) NDB (New Development Bank)
Answer: A) REC
- REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has signed a foreign currency term loan agreement for USD 100 million with the Export-Import Bank of India (EXIM Bank).
- This is the first term loan being extended by EXIM Bank to REC.
- The loan has been tied up for a five-year tenor and is benchmarked to SOFR (Secured Overnight Financing Rate), which is the benchmark rate for loans denominated in USD.
- REC Limited is a Non-Banking Financial Company (NBFC) focusing on Power Sector Financing and Development across India.
- Established in 1969, REC Limited has completed over fifty years of operations.
- It provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives and private sector utilities.
Rural Electrification Corporation Limited(REC Limited):
Headquarters: New Delhi, Delhi
Founded: 25 July 1969
CMD: Vivek Kumar Dewagan
EXIM Bank:
Abbreviation: Export Import Bank of India
Founded: 1982
Headquarters: Mumbai
MD: Harsha BhupendraBangari
8. Which bank introduced CBDC-UPI interoperability for seamless transactions?
A) Punjab National Bank (PNB)
B) State Bank of India (SBI)
C) HDFC Bank
D) ICICI Bank
E) None of the above
Answer: A) Punjab National Bank (PNB)
- State-owned Punjab National Bank (PNB) announced the launch of Central Bank Digital Currency (CBDC) with Unified Payments Interface (UPI) interoperability feature in its digital rupee mobile application.
- This move is in line with the RBI’s CBDC pilot project and unleashes a new potential in India’s payment ecosystem
- PNB customers can now use the PNB digital rupee app to scan the UPI QR code for payment to their merchants or complete a transaction at a merchant outlet.
- Even if the merchants do not have a CBDC Wallet, PNB digital rupee app users can utilise their CBDC wallets to conduct transactions on the UPI QR of these merchants
The app with this new functionality is currently available for Android users on the Play store and will also be made live for iOS users
Punjab National Bank:
Headquarters: New Delhi
MD &CEO :Atul Kumar Goel
Tagline: The Name You Can Bank upon
Appointments – Daily Current Affairs September 06
9. Who was elected to the International Esports Federation Membership Committee for a 3-year term?
A) LokeshSuji
B) Lokesh Sharma
C) Lokesh Singh
D) Lokesh Patel
E) None of the above
Answer: A) LokeshSuji
- The General Body of the International Esports Federation (IESF) has elected Mr. LokeshSuji, Director of Esports Federation of India (ESFI) and Vice-President of the Asian Esports Federation (AESF), to its esteemed Membership Committee on a three-year term.
- This election marks the first time that an Indian has become a part of the membership committee of the International Esports Federation.
- The IESF is a global Esports organization working towards promoting Esports as a true sport beyond language, race, and culture barriers. Its Membership Committee is instrumental in upholding consistency, fairness, and excellence among its members.
Science and Technology – Daily Current Affairs September 06
10. Which robotics firm based in Hyderabad has unveiled an autonomous anti-drone system powered by artificial intelligence?
A) Grene Robotics
B) RoboTech Solutions
C) AI Robotics
D) Hyderabad Robotics
E) None of the above
Answer: A) Grene Robotics
- Hyderabad-based private sector firm, Grene Robotics, has demonstrated a weapons platform named Indrajaal — which it calls the world’s only autonomous wide area, counter-unmanned aircraft system (C-UAS).
- Claimed to be the world’s only anti-drone system capable of protecting against micro, mini, small, large and extra-large drones, this marks a breakthrough in Indian defence technology
- Indrajaal was unveiled in the presence of Lieutenant General Gurmit Singh, the governor of Uttarakhand, who described the system as a groundbreaking advance in defence technology that would reshape the security landscape for defence, public and private infrastructure
- Indrajaal’s design principle leverages a combination of 12 unique layers of technology powered by artificial intelligence for the first time in the world.
- Using this, the system has the ability to detect, identify, classify, track, and swiftly neutralise threats in real time.
Grene Robotics:
Headquarters: Hyderabad, Telangana
Founder & Chief Executive Officer: Kiran Penumacha
International Affairs – Daily Current Affairs September 06
11. Which organization did India extend support to enhance legal and judicial capabilities for its member countries?
A) United Nations (UN)
B) World Trade Organization (WTO)
C) Shanghai Cooperation Organisation (SCO)
D) Association of Southeast Asian Nations (ASEAN)
E) None of the above
Answer: C) Shanghai Cooperation Organisation (SCO)
- India extended support to Shanghai Cooperation Organisation (SCO) member countries to enhance legal and judicial capabilities.
- The 10th meeting of the Ministers of Law and Justice of SCO countries was held via video conferencing.
- SCO is an intergovernmental organisation founded in Shanghai in June 2001.
- Joint statement was signed by all the ministers of justice of the SCO member countries that emphasised on cooperation in the field of law and justice achieved in the last 22 years among the member countries.
- The joint statement called for cooperation between Ministries of Law and Justice of the SCO member nations to enhance cooperation in legal and judicial spheres.
- It was decided to hold the next meeting of SCO Ministers for Law and Justice in the Republic of Kazakhstan in 2024
SCO:
Abbreviation : The Shanghai Cooperation Organisation
Founded : 2001
Headquarters: Beijing, China
National Affairs – Daily Current Affairs September 06
12. How much funding has the government approved for setting up a 4,000 MWh battery energy storage system in the country?
A) Rs 3,760 crore
B) Rs 4,000 crore
C) Rs 3,400 crore
D) Rs 4,200 crore
E) Rs 3,500 crore
Answer: A) Rs 3,760 crore
- The Union Cabinet, chaired by the Hon’ble Prime Minister approves the Scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS).
- The approved scheme envisages development of 4,000 MWh of BESS projects by 2030-31, with a financial support of up to 40% of the capital cost as budgetary support in the form of Viability Gap Funding (VGF).
- Designed to harness the potential of renewable energy sources such as solar and wind power, the scheme aims to provide clean, reliable, and affordable electricity to the citizens.
- The VGF for development of BESS Scheme, with an initial outlay of Rs.9,400 crore, including a budgetary support of Rs.3,760 crore, signifies the government’s commitment to sustainable energy solutions.
- By offering VGF support, the scheme targets achieving a Levelized Cost of Storage (LCoS) ranging from Rs. 5.50-6.60 per kilowatt-hour (kWh), making stored renewable energy a viable option for managing peak power demand across the country
- To ensure that the benefits of the scheme reach the consumers, a minimum of 85% of the BESS project capacity will be made available to Distribution Companies (Discoms)
13. How much amount has the Cabinet approved for the Industrial Development Scheme 2017 for Himachal Pradesh and Uttarakhand?
A) Rs. 1164.53 crore
B) Rs. 1000 crore
C) Rs. 1500 crore
D) Rs. 2000 crore
E) Rs. 900 crore
Answer: A) Rs. 1164.53 crore
- The Cabinet chaired by Hon’ble PM Shri Narendra Modi has approved an amount of Rs. 1164.53 cr. for Industrial Development Scheme (IDS), 2017 for Himachal Pradesh and Uttarakhand.
- The government of India announced Industrial Development Scheme, 2017, in 2018 vide Notification No.2(2)/2018-SPS dated 23rd April 2018 for the state of Himachal Pradesh and Uttarakhand.
- Under this scheme,the total financial outlay was Rs.131.90 crore.
- This allocated fund has been exhausted during the financial year 2021-22.
- Further, the requirement of an additionalfund to meet the committed liabilities up to 2028-2029 is Rs.1164.53 Crore.
- For allocation of this additional financial outlay, approval of the Cabinet was solicited under Industrial Development Scheme, 2017.
Central Capital Investment Incentive for Access to Credit (CCIIAC):
- All eligible new industrial units and existing industrial units on their substantial expansion in the manufacturing and service sector located anywhere in the States of Himachal Pradesh and Uttarakhand will be provided Central Capital Investment Incentive for access to credit (CCIIAC) @ 30% of the investment in Plant and Machinery with an upper limit of Rs.5.00 crore.
Central Comprehensive Insurance Incentive (CCII):
- All eligible new industrial units and existing industrial units on their substantial expansion located anywhere in the states of HP and Uttarakhand will be eligible for reimbursement of 100% insurance premium on insurance of building and Plant & Machinery for a maximum period of 5 years from the date of commencement of commercial production/operation.
Expenditure involved:
- The financial outlay of IDS, 2017 for the State of Himachal Pradesh &Uttarakhand was only Rs.131.90 crore,which was released during 2021-2022. Further, to meet the committed liabilities through the additional requirement of funds under the scheme up to 2028-29, the cabinet has approved the additional financial outlay amounting to Rs.1164.53 crore under the scheme.
14. Which organization has partnered with the Drone Federation of India to co-host ‘Bharat Drone Shakti 2023’?
A) IAF (Indian Air Force)
B) Indian Space Research Organisation (ISRO)
C) Ministry of Defence
D) National Aeronautics and Space Administration (NASA)
E) Drone Manufacturers Association of India (DMAI)
Answer: A) IAF (Indian Air Force)
- To exploit its rich experience in using these unmanned platforms, the IAF is partnering with the Drone Federation of India to co-host the ‘Bharat Drone Shakti 2023’.
- The event to be held on 25th & 26th September 2023 will be hosted at the lAF’s airbase in Hindan (Ghaziabad), where the Indian drone industry shall give live aerial demonstrations.
- ‘Bharat Drone Shakti 2023’ will present the prowess of the Indian drone industry at full capacity hosting over 50+ live aerial demonstrations showcasing survey drones, agriculture drones, fire suppression drones, tactical surveillance drones, heavy-lift logistics drones, loitering munition systems, drone swarms, and counter-drone solutions and witness participation from more than 75 drone start-ups and corporates.
15. What is the purpose of ‘Project Naman’ launched by the Army?
A) To provide financial assistance to veterans and their families.
B) To establish facilitation and grievance redressal centres for veterans and next of kin.
C) To offer job opportunities to veterans and their families.
D) To provide healthcare services to veterans and their families.
E) To honor the sacrifices made by veterans and their families.
Answer: B) To establish facilitation and grievance redressal centres for veterans
- The Army launched ‘Project Naman’ that will entail establishing facilitation and grievance redressal centres for veterans and the next of kin of personnel who have lost their lives
- The first such centre will be established in Delhi Cantonment
- The Directorate of Indian Army Veterans (Adjutant General Branch) of the Indian Army signed an MoU with HDFC Bank Limited and CSE e-Governance India Limited for Project ‘NAMAN’- an ode to the veterans.
- The project entails establishing facilitation and grievance redressal centres for army veterans and the next of kin
- ‘Naman’ will house a Common Service Centre which shall facilitate the veterans and their relatives.
- It will offer all government-to-customer services and also facilitate the updating of pensioners’ accounts on the SPARSH Portal of veterans, next of kin and dependents.
- In Phase II of the Project, 13 more centres will be established at various military stations across India
HDFC Bank:
Headquarters: Mumbai , Maharashtra
Tagline : We Understand Your World
CEO :SashidharJagdishan
Common Service Centres(CSC) e-Governance Services India Limited:
Headquarters : New Delhi, Delhi
CEO: Sanjay Kumar Rakesh
Founded: 16 July 2009
16. Who developed the ‘A’G20 Tourism and SDG Dashboard’?
A) India’s presidency of the G20
B) United Nations World Tourism Organization (UNWTO)
C) Both India’s presidency of the G20 and UNWTO
D) G20 member countries
E) None of the above
Answer: C) Both India’s presidency of the G20 and UNWTO
- A ‘G20 Tourism and SDG Dashboard’ developed under India’s presidency of the grouping with expert knowledge partnership of the United Nations World Tourism Organization (UNWTO), was unveiled
- It showcases best practices, case studies, and insights from G20 countries, all modelled for achieving the Sustainable Development Goals (SDGs).
- The dashboard is a lasting legacy of India’s G20 Presidency, reflecting its dedication to global collaboration and sustainable growth in the global tourism industry
- Union Tourism Minister G Kishan Reddy launched the dashboard in a virtual ceremony
UNWTO:
Expansion: The World Tourism Organization
Headquarters: Madrid, Spain
Founded: 1 November 1975
Secretary-General :ZurabPololikashvili
17. Which organization did the Department of Posts enter into an agreement with to create an export ecosystem for e-commerce in the country?
A) Bigfoot Retail Solution Pvt Ltd (Shiprocket)
B) Amazon
C) Flipkart
D) Department of Commerce
E) None of the above
Answer: A) Bigfoot Retail Solution Pvt Ltd (Shiprocket)
- Department of Posts, as part of its ongoing initiatives to create an export ecosystem for e-commerce in the country, entered into an agreement with Bigfoot Retail Solution Pvt Ltd (Shiprocket), one of the leading e-commerce enablement platforms.
- The collaboration aims to enhance e-commerce exports by leveraging India Post’s extensive presence and reliable shipping solutions.
- The agreement was signed in New Delhi in the presence of Shri Alok Sharma, Director General Postal Services, Chief Postmaster General Delhi Ms Manju Kumar and Shri SaahilGoel, CEO, Shiprocket, marking a significant milestone in India’s cross border e-commerce landscape
- This agreement will lead to technical integration between DakGharNiryat Kendra and Shiprocket and enable India based sellers, using Shiprocket, to directly generate e-PBE and shipping labels from Shiprocket platform itself.
- The exporters can avail packaging, label printing, pickup facility and induct their shipments to the nearest DNK in any part of the country.
Shiprocket:
Headquarters : New Delhi, Delhi
CEO: SaahilGoel
18. What is the name of the annual mega training exercise conducted by the Indian Air Force?
A) Trishul
B) Vayu Shakti
C) Gagan Shakti
D) Varuna
E) None of the above
Answer: A) Trishul
- The Indian Air Force kickstarted its annual mega training exerciseTrishul as part of which its Western Air Command (WAC) will activate all its combat assets from Leh in Kashmir to Nal in Rajasthan.
- In the ‘Trishul Exercise’, all major fleets of fighter aircraft including the Rafale, Mirage 2000 and the Su-30MKI will be seen in action.
- Similarly, heavy-lift transport aircraft and choppers including the Chinooks and Apache will also participate in the drills. The Garud Special Forces are also part of the drills.
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
19. Who launched the Malaviya Mission – Teachers Training Programme by the University Grants Commission?
A) Shri Dharmendra Pradhan
B) Shri Narendra Modi
C) Shri Amit Shah
D) Shri Rajnath Singh
E) None of the above
Answer: A) Shri Dharmendra Pradhan
- Union Minister for Education and Skill Development & Entrepreneurship Shri Dharmendra Pradhan launched the Malaviya Mission – Teachers Training Programme by the University Grants Commission at Kaushal Bhawan, New Delhi.
- He also inaugurated the Portal of the Programme and released its information brochure.
- Organised by the University Grants Commission, in association with the Ministry of Education, the Malaviya Mission – Teacher Training Programme aims to provide tailored training programmes for teachers. This programme will work for the capacity building of faculty members in higher educational institutions.
- He also announced the renaming of Human Resource Development Centres (HRDCs) as Madan Mohan Malaviya Teachers’ Training Centre.
- The three main themes that were discussed during India’s G20 Presidency: deployment of technology in the use of education, achieving sustainable development goals and women-led development, are also to be incorporated in the Teachers Training Programmes.
- The two-week online programme shall focus on various themes identified for course curriculum/content for capacity building of faculty members at higher educational institutions. The 8 themes include Holistic and Multidisciplinary Education, Indian Knowledge Systems (IKS), Academic Leadership, Governance and Management, Higher Education and Society, Research and Development, Skill Development, Student Diversity and Inclusive Education and Information and Communication Technology.
- To facilitate this transformative journey, the UGC has also established a dedicated portal for faculty members to register for the capacity-building programmes.
20. Which organization did the Union Ministry of Education sign an agreement with to help children develop creative expression in classrooms using the application Adobe Express?
A) Adobe
B) Microsoft
C) Google
D) Apple
E) None of the above
Answer: A) Adobe
- Computer software company Adobe has partnered with the Union Education Ministry to provide schools with Adobe Express-based curriculum and training, with an aim to reach 2 crore students and 5 lakh educators across India by 2027.
- The partnership was announced at a signing ceremony by Union Education minister Dharmendra Pradhan during the G-20 Leaders’ Summit in India.
- K-12 schools across the country will get free access to Adobe Express Premium as part of the partnership.
- The curriculum, training and certification will be rolled out based on Adobe Express tools with topics like creativity, generative AI, design, animation, video and other emerging technologies.
- Educators will receive Adobe Creative Educators certification upon completing the training.
- The American multinational technology company joined hands with All India Council for Technical Education (AICTE) to empower 75,000 faculty in 10,000 higher education institutes with access to Express in 2022.
Adobe Inc:
CEO: Shantanu Narayen
Headquarters: San Jose, California, United States
21. Suzuki Motor Corporation, the parent company of Maruti Suzuki India (MSIL), entered into a tripartite agreement with which organizations to set up biogas production plants?
A) Suzuki R&D Centre India, National Dairy Development Board (NDDB), and Banas Dairy
B) Tata Motors, National Dairy Development Board (NDDB), and Banas Dairy
C) Honda Motor Corporation, National Dairy Development Board (NDDB), and Banas Dairy
D) Suzuki R&D Centre India, National Dairy Development Board (NDDB), and Amul Dairy
E) None of the above
Answer: A) Suzuki R&D Centre India, National Dairy Development Board (NDDB), and Banas Dairy
- Suzuki Motor Corporation, the parent of Maruti Suzuki India (MSIL), has entered into a tripartite agreement between Suzuki R&D Centre India, a wholly owned subsidiary of Suzuki in India, the National Dairy Development Board (NDDB) and Banas Dairy to set up biogas production plants.
- The project will make fuel for automobiles by refining methane from biogas, which is generated by fermenting cow dung. Four biogas production plants will be set up in Banaskantha district in Gujarat for Rs 230 crore that will start operations from 2025.
Suzuki Motor Corporation:
Headquarters: Hamamatsu, Shizuoka, Japan
CEO: Toshihiro Suzuki
NDDB:
Abbreviation: National Dairy Development Board
Headquarters location: Anand, Gujarat
Founded: 16 July 1965
chairman: Meenesh Shah
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