Daily Current Affairs September 08

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September 08| Daily Current Affairs 2023

Important Days – Daily Current Affairs September 08

1. On which date is International Literacy Day observed annually?
A) September 1
B) September 5
C) September 8
D) September 10
E) September 15
Answer: C) September 8

• To signify the role of literacy and education in one’s life, the world observes International Literacy Day every year on September 8.
• The day was first time observed by the United Nations Educational, Scientific and Cultural Organisation (UNESCO).
• The day is a stark reminder of the fact that literacy is not luxury but a fundamental right important for a person’s dignity.
• The idea of International Literacy day was first mentioned at the World Conference of Minjsters of Education on the Eradication of Illiteracy.
• The conference was held in Tehran, Iran in 1965.
• The conference served as a fertile ground for the germination of an idea of a special day dedicated to promoting literacy on a global scale.
• Later, UNESCO officially declared September 8 as International Literacy Day.
• The day was announced during 14th UNESCO General Conference in 1966.
• A year later, the world celebrated its first International Literacy Day on September 8, 1966.

World Physical Therapy Day

• World Physical Therapy Day is celebrated on September 8 every year.
• “Arthritis” is the theme for World Physical Therapy Day 2023
• The World Confederation for Physical Therapy founded World Physical Therapy Day,
• commonly known as World PT Day, in 1996, more than two decades ago.
• The reason that September 8 has been chosen as the anniversary is because it was on that day, back in 1951, when the World Confederation was first established.

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Sports – Daily Current Affairs September 08

2. Where will the Street Child Cricket World Cup be held, and when is it scheduled to take place?
A) Mumbai, starting on September 22
B) New Delhi, starting on September 22
C) Chennai, starting on September 20
D) Kolkata, starting on September 20
E) Chennai, starting on September 22
Answer: E) Chennai, starting on September 22

• Street 20, a world cup cricket, exclusively for Street Children will be held in Chennai for the first time.
• Street children from 15 countries including the United Kingdom, Brazil, Hungary, Mexico, South Africa, Srilanka and Rwanda will participate in the tournament which precedes ICC World Cup Cricket in India.
• The tournament will be held from 22nd September to October 1st.
• Team India, the defenders of the Cup, will be the star of the game. The first-ever street child Cricket World Cup was held in London in 2019 where Indian Children won the tournament.
• Eight Indian Teams, namely, India Tigers from Chennai, Team India from India Lions, India Cats, India Wolves from Delhi, India Panthers from Kolkata, India King Cobras from Mumbai, and India Crocodiles from Odisha will participate in the World Cup.
• A 12-member contingent comprising of four boys, four girls, and substitute players from the team will also participate.

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Banking and Finance – Daily Current Affairs September 08

3. Which bank has launched the “RuPay NCMC Prepaid Card” to enable digital ticketing fare payments in various modes of transportation and parking?
A) HDFC Bank
B) ICICI Bank
C) Axis Bank
D) State Bank of India (SBI)
E) Punjab National Bank (PNB)
Answer: D) State Bank of India (SBI)

• State Bank of India has launched the “RuPay NCMC Prepaid Card” to facilitate easy digital ticketing fare payments in metro, buses, water ferries, parking, etc., through a single card.
• In addition, individuals can also use the National Common Mobility Card (NCMC) for making retail and e-commerce payments
• it is also implementing an NCMC-based ticketing solution in MMRC Metro Line 3 and Agra Metro, which is in the advanced stage of execution and will be available to the public very soon.

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4. AU Small Finance Bank and Bajaj Allianz Life Insurance have recently entered into a strategic partnership for what purpose?
A) To launch a new mobile banking app.
B) To collaborate on a joint venture in the real estate sector.
C) To offer customized insurance products to the bank’s customers.
D) To establish a chain of new bank branches across India.
E) To create a new cryptocurrency for digital transactions.
Answer: C) To offer customized insurance products to the bank’s customers.

• AU Small Finance Bank (AU SFB), a small finance bank, and Bajaj Allianz Life Insurance, a private life insurer, has entered into a strategic partnership.
• This collaboration will empower AU SFB’s customers to gain access to Bajaj Allianz Life’s comprehensive suite of life insurance products, thereby addressing their imperative need for financial security.
• UttamTibrewal, Executive Director of AU Small Finance Bank and TarunChugh, MD and CEO, Bajaj Allianz Life Insurance signed the agreement and announced their strategic partnership.
• Through this partnership, the bank aims to leverage technology-based solutions for its customers through wide variety of life insurance products offered by Bajaj Allianz Life Insurance.
• AU SFB has a distribution network comprising 1,038 touchpoints spanning 21 States and 3 Union Territories.

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5. What new feature has Bank of Baroda (BoB) introduced in its UPI ATMs?
A) Contactless card payments
B) Mobile banking services
C) QR-based cash withdrawal
D) Cryptocurrency transactions
E) Investment advisory services
Answer: C) QR-based cash withdrawal

• Bank of Baroda (BoB) has enabled UPI ATM facility, which will allow QR-based cash withdrawals, at its over 6,000 ATMs across the country.
• it is the first public sector bank to launch UPI ATMs, in coordination with the National Payments Corporation of India (NPCI) and powered by NCR Corporation.
• Its customers as well as customers of all participating issuer banks using any UPI-enabled Mobile app can withdraw cash from its UPI ATMs without having to use their debit card.
• Using the Interoperable Cardless Cash Withdrawal (ICCW) technology, which facilitates cardless cash withdrawals through ATMs, the UPI ATM enables seamless QR-based cash withdrawals, doing away with the need to carry a Card to withdraw cash.

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6. What are the two initiatives recently launched by NPCI (National Payments Corporation of India) toenhance digital payments and bill payments?
A) ‘Hello UPI’ and ‘QuickPay Express’
B) ‘ConvoPay’ and ‘BillEase’
C) ‘Hello UPI’ and ‘Bharat BillPay Connect’
D) ‘VoicePay’ and ‘PayEase’
E) ‘UPI Talk’ and ‘BillMaster’
Answer: C) ‘Hello UPI’ and ‘Bharat BillPay Connect’

• The National Payments Corporation of India (NPCI), at the Global Fintech Fest has launched two conversational payments initiatives that are aimed at increasing convenience and accessibility for users.
• ‘Hello UPI’ allows users to make payments by engaging in conversations with their smartphones — whether it’s splitting a restaurant bill, sending money to a friend, or settling utility bills.
• The introduction of conversational UPI payments will augment user experience by enabling them to make voice-enabled UPI payments via UPI Apps, telecom calls, and IoT devices in Hindi and English, and will soon be available in several other regional languages
• The NPCI has partnered with the Bhashini programme, AI4Bharat at IIT Madras, to co-develop Hindi and English payment language models.
• The NPCI also launched ‘Bharat BillPay Connect’, an initiative aimed at effortless bill payments through conversations.
• ‘Bharat BillPay Connect’ enables users to pay their bills through natural conversations with popular voice assistants like Alexa or via feature phones, smartphones, or merchant soundboxes.
• This initiative aims to cater to users across various tech proficiency levels, ensuring that digital bill payments are accessible to all.

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Acquisitions and Mergers – Daily Current Affairs September 08

7. Which asset management company acquired an approximately 8% stake in online gaming firm Nazara Technologies Ltd for ₹410 crore?
A) HDFC Asset Management Company Ltd
B) ICICI Prudential Asset Management Company Ltd
C) Reliance Nippon Life Asset Management Ltd
D) Aditya Birla Sun Life Asset Management Company Ltd
E) SBI Funds Management Ltd
Answer: E) SBI Funds Management Ltd

• The country’s largest asset management company SBI Funds Management Ltd, acquired around 8% stake in online gaming firm Nazara Technologies Ltd, for ₹410 crore, which follows the 4 September ₹100 crore surprise investment by Nikhil and Nithin Kamath, the founders of India’s largest brokerage Zerodha Broking Ltd.
• Nazara Tech is the country’s only listed gaming firm, and the recent bets by celebrity entrepreneurs Kamaths and the country’s largest AMC give some indication of the growing fondness for gaming firms among investors globally, following Microsoft Corp.’s $75 billion ongoing acquisition bid for UK-based Activision Blizzard Inc.
• In 2023, Nazara Tech has acquired US-based Pro Football Network Llc (an analysis website) that covers National Football League (NFL) and college football with 73.27% stake.
• Nazara Tech joined the All India Gaming Federation (AIGF) as a principal member earlier this year.

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Appointments – Daily Current Affairs September 08

8. Who has been approved by the Reserve Bank of India (RBI) as the interim Managing Director of Kotak Bank for a period of two months?
A) RaghuramRajan
B) Chanda Kochhar
C) Dipak Gupta
D) N. R. Narayana Murthy
E) Aditya Puri
Answer: C) Dipak Gupta

• Reserve Bank of India (RBI) approved the appointment of Dipak Gupta as the interim MD and CEO of Kotak Mahindra Bank for two months, effective September 2.
• The approved tenure is shorter than the proposed appointment schedule of four months till December 31, 2023, when Gupta is set to retire. As per the current approval, Gupta’s term will last till November 1, 2023.

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International Affairs – Daily Current Affairs September 08

9. Which country has decided to rejoin the European Union’s $100 billion science-sharing program, Horizon Europe?
A) France
B) Germany
C) Spain
D) United Kingdom (Britain)
E) Italy
Answer: D) United Kingdom (Britain)

• Britain is rejoining the European Union’s $100 billion science-sharing program Horizon Europe, the two sides announced, more than two years after the country’s membership became a casualty of Brexit
• Britain is also rejoining Copernicus, the EU space program’s Earth observation component.

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10. In which country did INS Sumedha arrive to participate in ‘Exercise BRIGHT STAR- 23’?
A) Egypt
B) India
C) Saudi Arabia
D) Greece
E) Turkey
Answer: A) Egypt

• INS Sumedha arrived at Port Alexandria, Egypt to participate in ‘Exercise BRIGHT STAR- 23’.
• This edition of the multinational Tri-Services military exercise will see participation from 34 countries.
• It is the largest ever joint military exercise in Middle East & North Africa region.
• Ex Bright Star 23 is scheduled to be conducted in two phases.
• The Harbour Phase involves wide-ranging activities such as cross-deck visits, professional exchanges, sports fixtures and interactions for planning and conduct of the Sea Phase.
• The Sea Phase will include complex and high intensity exercises encompassing cross deck flying, anti-surface and anti-air exercises including live weapon firing drills.
• The exercise provides an opportunity to the Indian Navy to enhance and demonstrate interoperability and also gain from the best practices in maritime security operations from its partner nations.
• This is the maiden participation of Indian Navy in Ex Bright Star, which will also see participation of Naval ships from other Friendly Foreign Navies.
• INS Sumedha, commanded by Commander MC Chandeep, is the third ship of the indigenously built Saryu class Naval Offshore Patrol Vessels (NOPV)

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11. What type of naval exercise took place between India and Sri Lanka off the coast of Colombo, involving INS Delhi and SLN ship Vijayabahu?
A) Joint Amphibious Operation
B) Coastal Surveillance Exercise
C) Anti-Piracy Drill
D) Passage Exercise (PASSEX)
E) Submarine Rescue Exercise
Answer: D) Passage Exercise (PASSEX)

• INS Delhi departed Colombo, Sri Lanka, after a two-day visit to the port city.
• As part of India’s ‘AarogyaMaitri’ initiative to provide essential medical supplies to friendly countries, the High Commissioner of India to Sri Lanka, Shri Gopal Baglay, presented state-of-the-art ArogyaMaitri Cube to the Hon’ble Speaker of Sri Lanka Parliament during a reception hosted onboard INS Delhi.
• These medical cubes have been indigenously developed under the Project BHISHM (Bharat Health Initiative for SahyogHita and Maitri).
• Besides the Hon’ble Speaker, the reception was attended by several senior government officials including the Minister for Ports, Shipping & Aviation, the Attorney General, Secretary of Defence and all three Service Chiefs
• The visit concluded with a Passage Exercise (PASSEX) at sea off Colombo between INS Delhi and SLN ship Vijayabahu.

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National Affairs – Daily Current Affairs September 08

12. How many additional districts will be covered in the third phase of mandatory hallmarking of gold jewellery and artefacts as notified by the central government?
A) 10 districts
B) 25 districts
C) 43 districts
D) 55 districts
E) 100 districts
Answer: D) 55 districts

• The central government notified the third phase of mandatory hallmarking of gold jewellery and artefacts, which will cover an additional 55 districts, taking the total number of districts covered under mandatory hallmarking at 343 across the country.
• The Bureau of Indian Standards (BIS) had implemented mandatory hallmarking of gold jewelry and artefacts in 256 districts from 23 June 2021, in the first phase, and an additional 32 districts were included later.

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13. What geographical indication (GI) tag recently received?
A) Salem Silk
B) Salem Spices
C) Salem Steel
D) Salem Saffron
E) Salem Sago
Answer: E) Salem Sago

• The Salem Starch and Sago Manufacturers Service Industrial Cooperative Society Ltd (popularly called as SAGOSERVE) received Geographical indication tag or GI tag for Salem sago recently
• Sago, derived from raw tapiocas, is in the form of small hard globules or pearls and is pearl white in colour.
• Tapioca is a major horticulture crop cultivated on nearly 3 lakh hectares in Tamil Nadu, producing 60 lakhs tonnes of the crop.
• Sago was produced first in Salem district, which is the main centre for sago production in the country, on a cottage scale basis.
• Sago is manufactured from the wet starch powder crushed from tapioca roots.
• The wet starch powder is used for producing sago and the dry powder has been used as a raw material for industrial purposes.

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14. What has Bengaluru unveiled as part of an initiative to enhance urban aesthetics and efficiency?
A) A new metro line
B) An underground parking facility
C) The world’s tallest skyscraper
D) The first underground transformer
E) A public art installation
Answer: D) The first underground transformer

• Bengaluru’s first underground electric transformer was inaugurated in Malleswaram
• The Bangalore Electricity Supply Company (BESCOM), along with Bruhat Bangalore MahanagaraPalike (BBMP), inaugurated a 500 KV underground distribution transformer at 15th Cross Road in Malleswaram.
• The transformer, installed 10 feet below the ground, was set up at a cost of Rs 1.9 crore, with BESCOM contributing Rs 1.3 crore, and BBMP contributing Rs 64 lakh.
• This will also help pedestrians walk on pavements without obstacles.
• The project includes a 500 kVA dry-type transformer, an 8-way solid-state ring main unit, an LT distribution panel, 11 KV underground cables, LT underground cables, a 1 HP submersible water pump, lighting, air ventilation systems, and temperature & humidity monitoring systems, among other components.
• Karnataka Energy Minister KJ George, who inaugurated the facility

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15. What mobile app has the Indian government released ahead of the G20 Summit in Delhi?
A) G20 Connect
B) India Summit Guide
C) Delhi G20 Insights
D) G20 India
E) Delhi Summit Navigator
Answer: D) G20 India

• Delhi is set to host the 18th G20 Summit, under India’s Presidency, showcasing groundbreaking consensus on shaping the Digital Public Infrastructure (DPI) of the future.
• Ministry of External Affairs in India has launched the mobile application titled ‘G20 India’, marking a significant digital milestone ahead of the G20 Leaders’ Summit.
• The app offers users a comprehensive, interactive guide to event-related information.
  Features of the platform include a calendar for the G20 India 2023 event, resources, media, and insightful details about the G20.
• Apurva Chandra, Secretary for Information and Broadcasting Ministry of External Affairs in India launched the mobile application titled ‘G20 India’

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16. Which Indian city recently became the second in the country to implement an emissions trading scheme?
A) New Delhi
B) Mumbai
C) Kolkata
D) Hyderabad
E) Ahmedabad
Answer: E) Ahmedabad

• The Gujarat government announced that Ahmedabad has become the second city in the country to implement an emission trading scheme (ETS) for particulate pollution that will help in regulating industrial emissions and reduce the state’s pollution levels.
• Gujarat’s forest and environment minister MulubhaiBera inaugurated the first uniform auction for the Ahmedabad ETS market, distributing pollution permits online to all participating industries.
• The scheme empowers industries in the textile sector within the Narol and Vatva industrial clusters.
• The ETS is implemented by the Gujarat Pollution Control Board with the technical expertise of professors from University of Chicago, University of Yale, University of Warwick along with the Abdul Latif Jameel Poverty Action Lab (J-PAL) and Energy Policy Institute Chicago.
• The trading platform has been developed by NCDEX e Markets Limited (NeML).
• An ETS, or “cap-and-trade” system, caps the amount of pollution allowed from regulated industries and allots permits to plants.
• Under ETS, industries with low abatement costs can make larger reductions in emissions and thus profit by selling excess permits
• Industries with high abatement costs can save money by buying permits instead of installing expensive equipment.
• The “cap-and-trade” system, similar to ETS, was introduced by the United States in the 1980s to reduce emissions of pollutants like sulphur dioxide and nitrogen oxides (NOx).
• ETS is an innovative market-based system that has the potential to transform the trade-off between environmental quality and growth, improving air quality with lower costs of compliance to industry.

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17. What decision has the Jharkhand Cabinet recently approved regarding the transgender community?
A) Providing job opportunities in the state government.
B) Allocating land for transgender housing projects.
C) Approval of a monthly pension of 1,000 rupees.
D) Offering free education to transgender individuals.
E) Establishing healthcare facilities exclusively for transgender people.
Answer: C) Approval of a monthly pension of 1,000 rupees.

• The state cabinetJharkhand approved a proposal to recognise transgenders of the state as the “third gender” and include them in the other backward classes (OBC) category.
• The cabinet also approved a proposal wherein transgenders will be given a monthly social security pension of Rs 1,000.
• The 11-member ministerial council also approved a proposal of the home department to increase the service tenure of contractual assistant police personnel to seven years from six years.
• In another decision, the cabinet gave its nod to a proposal to hike the financial assistance which is provided to members of the police, paramilitary forces, and government employees in cases of injuries leading to permanent disabilities.
• The cabinet also approved a proposal to set up two additional juvenile justice boards, one in Ranchi and East Singhbhum district each, to dispose of the pending cases. The grants to government aided colleges in the state were also revised.
• The ministerial council also gave its approval to two rural drinking water supply projects in Dhanbad’s mining areas in Govindpur and Nirsa from the DMFT funds and cleared the decks for a rural water supply project in Hazaribagh’sBarhi block.
• Together, the three projects would cost over Rs 331 crore.
• The cabinet gave its nod to carrying out amendments to recruitment and service regulations of several government departments

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