Daily Current Affairs September 16

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 16. 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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September 16 | Daily Current Affairs 2024

Important Days – Daily Current Affairs September 16

1. Whose birth anniversary is commemorated on National Engineer’s Day, celebrated annually on September 15?
A) Dr. A.P.J. Abdul Kalam
B) Sir Mokshagundam Visvesvaraya
C) Vikram Sarabhai
D) Homi J. Bhabha
E) C.V. Raman
Answer: B) Sir Mokshagundam Visvesvaraya

Event and Location:

  • Event: National Engineer’s Day
  • Date: September 15, celebrated annually in India
  • Occasion: Commemorates the birth anniversary of Sir M. Visvesvaraya, a prominent engineer

Mandates and Objectives:

  • National Engineer’s Day honors the contributions of Sir Mokshagundam Visvesvaraya, a civil engineer known for his pivotal role in major irrigation and infrastructure projects.
  • The day is also intended to inspire future engineers by showcasing the impact of engineering in building infrastructure and advancing technology.

Important Terms Explained:

  • Krishna Raja Sagara Dam: One of the major irrigation projects designed by Sir Visvesvaraya.
  • Bharat Ratna: India’s highest civilian award, conferred on Sir Visvesvaraya in 1955 for his contributions to engineering and development.

Static GK Information:

Titbits

Sir Mokshagundam Visvesvaraya:

  • Born: September 15, 1861
  • Birthplace: Karnataka, India
  • Famous Projects: Krishna Raja Sagara Dam, Khadakwasla Dam
  • Award: Bharat Ratna (1955)

Visvesvaraya Technological University:

  • Founded: 1998 (Named in honor of Sir M. Visvesvaraya)
  • Location: Belagavi, Karnataka, India

Tabular Summary:

Event Details Significance
National Engineer’s Day September 15 Honors Sir M. Visvesvaraya’s contributions to engineering
Established 1968 Marks the birth anniversary of Sir M. Visvesvaraya
Theme (2024) Innovating for a Sustainable Future Highlights the role of engineers in sustainability
Major Projects Krishna Raja Sagara Dam, Khadakwasla Dam Key irrigation projects that revolutionized Indian infrastructure
Awards and Recognition Bharat Ratna (1955) India’s highest civilian award for Sir Visvesvaraya’s contributions

2. On which date is the International Day of Democracy observed annually?
A) September 10
B) September 12
C) September 15
D) September 16
E) September 18
Answer: C) September 15

Event and Location:

  • Event: International Day of Democracy
  • Date: September 15 (annually since 2008)

Mandates and Objectives:

  • International Day of Democracy was established by the United Nations General Assembly in 2007 to promote and celebrate democratic principles globally.
  • The day focuses on encouraging governments, parliaments, and civil society to uphold and enhance democratic values, including freedom, human rights, and the rule of law.

Important Terms Explained:

  • ICNRD (International Conferences on New and Restored Democracies): A series of conferences that began in 1988 to support newly formed and restored democracies.
  • Universal Declaration on Democracy: Adopted by the Inter-Parliamentary Union (IPU) in 1997, outlining the principles of democracy.
  • Artificial Intelligence (AI): The 2024 theme focuses on using AI to strengthen governance while addressing its risks and potential in enhancing democratic processes.

Static GK Information:

Titbits

United Nations General Assembly:

  • Founded: 1945
  • Headquarters: New York City, USA
  • Secretary-General: António Guterres

UNESCO (United Nations Educational, Scientific and Cultural Organization):

  • Founded: 16 November 1945
  • Headquarters: Paris, France
  • Director-General: Audrey Azoulay

Tabular Summary:

Event Details Significance
Date September 15 Marks the International Day of Democracy
Established By the UN General Assembly in 2007 Promotes the principles of democracy globally
Historical Milestone Linked to the Universal Declaration on Democracy Adopted by IPU in 1997
2024 Theme AI as a tool for good governance Emphasizes AI’s role in strengthening governance
Global Observances Workshops, debates, youth events Encourages citizen engagement in democratic processes

3. On which date is the International Day of Science, Technology and Innovation for the South observed?
A) September 9
B) September 10
C) September 16
D) September 12
E) September 18
Answer: C) September 16

Event and Location:

  • Event: Establishment of International Day of Science, Technology and Innovation for the South.
  • Date: September 16, starting from 2024.

Mandates and Objectives:

  • The International Day of Science, Technology and Innovation for the South was created to promote the importance of Science, Technology, and Innovation (STI) in addressing development challenges in the Global South.
  • Global South refers to developing countries that face hurdles in innovation and capacity-building, but also have the opportunity to leapfrog in development through advancements in STI.

Important Terms Explained:

  • Global South: Refers to developing nations in Africa, Latin America, Asia, and Oceania that face challenges in development but are crucial to global growth.
  • Science, Technology, and Innovation (STI): Key drivers of economic development, technological advancements, and social progress, especially in the context of sustainable development.
  • Sustainable Development Goals (SDGs): A global framework to achieve a better and more sustainable future by addressing challenges like poverty, inequality, and climate change.

Static GK Information:

Titbits

United Nations:

  • Founded: 24 October 1945
  • Headquarters: New York City, USA
  • Secretary-General: António Guterres

G77 (Group of 77):

  • Founded: 15 June 1964
  • Member Countries: 134
  • Headquarters: New York City, USA
  • Current Chair: Cuba

Tabular Summary:

Event Details Significance
Date September 16 Marks the International Day of STI for the South
Background Event G77 and China Havana Summit Established this international day in 2023
UN Resolution A/RES/78/259 Adopted on January 9, 2024
Havana Declaration Emphasized cooperation and access to technology Adopted in September 2023
Main Objective Promote STI in the Global South Encourage innovation, knowledge sharing, and investment

4. On which date is the International Day for Interventional Cardiology observed annually?
A) September 14
B) September 15
C) September 16
D) September 17
E) September 18
Answer: C) September 16

Event and Location:

  • Event: International Day for Interventional Cardiology
  • Date: September 16 (annually)

Mandates and Objectives:

  • The International Day for Interventional Cardiology was established to raise awareness about interventional cardiology, a specialized field that uses minimally invasive procedures to treat heart diseases.
  • Observed on September 16, this day commemorates the landmark achievement of the first coronary angioplasty performed by Dr. Andreas Grüntzig on the same date in 1977.

Important Terms Explained:

  • Interventional Cardiology: A branch of cardiology that deals with minimally invasive procedures using catheters to treat heart conditions, as opposed to open-heart surgery.
  • Angioplasty: A procedure used to open narrowed or blocked blood vessels supplying blood to the heart.
  • Stent: A small mesh tube inserted into arteries to keep them open.
  • Non-Communicable Diseases (NCDs): Diseases that are not transmissible from person to person, such as heart disease, cancer, diabetes, and chronic lung diseases.

Static GK Information:

Titbits

United Nations:

  • Founded: 24 October 1945
  • Headquarters: New York City, USA
  • Secretary-General: António Guterres

World Health Organization (WHO):

  • Founded: 7 April 1948
  • Headquarters: Geneva, Switzerland
  • Director-General: Dr. Tedros Adhanom Ghebreyesus

Tabular Summary:

Event Details Significance
Date September 16 Marks International Day for Interventional Cardiology
Historical Milestone First coronary angioplasty on September 16, 1977 Performed by Dr. Andreas Grüntzig
Global Impact Cardiovascular diseases (CVDs) Leading cause of death globally (17.9 million annually)
UN Recognition Officially proclaimed in September 2022 Emphasizes importance of interventional cardiology
Key Objective Raise awareness on cardiovascular diseases Promote early diagnosis and minimally invasive treatments

5. Which international agreement is commemorated on World Ozone Day, observed on September 16?
A) Kyoto Protocol
B) Paris Agreement
C) Montreal Protocol
D) Vienna Convention
E) Kigali Amendment
Answer: C) Montreal Protocol

Event and Location:

  • Event: World Ozone Day
  • Date: September 16, celebrated annually since 1994

Mandates and Objectives:

  • World Ozone Day, officially known as the International Day for the Preservation of the Ozone Layer, was proclaimed by the United Nations General Assembly to commemorate the signing of the Montreal Protocol on September 16, 1987.
  • The primary goal of this day is to raise awareness about the depletion of the ozone layer and encourage international cooperation in its protection.

Important Terms Explained:

  • Ozone-Depleting Substances (ODS): Chemicals that contribute to the depletion of the ozone layer, such as Chlorofluorocarbons (CFCs), Hydrochlorofluorocarbons (HCFCs), and halons.
  • Montreal Protocol: A landmark international treaty aimed at phasing out the production and consumption of ODS to protect the ozone layer.
  • Kigali Amendment: A 2016 amendment to the Montreal Protocol to phase down hydrofluorocarbons (HFCs), which are potent greenhouse gases.

Static GK Information:

Titbits

United Nations General Assembly:

  • Founded: 1945
  • Headquarters: New York City, USA
  • Secretary-General: António Guterres

Montreal Protocol:

  • Adopted: September 16, 1987
  • Universal Ratification: Achieved in 2009
  • Objective: Phase out substances that deplete the ozone layer

Vienna Convention:

  • Adopted: March 22, 1985
  • Objective: Framework for international cooperation to protect the ozone layer

Tabular Summary:

Event Details Significance
World Ozone Day September 16 Marks the signing of the Montreal Protocol in 1987
Ozone-Depleting Substances CFCs, HCFCs, halons Man-made chemicals causing damage to the ozone layer
Montreal Protocol Adopted on September 16, 1987 Aimed at reducing and eliminating ozone-depleting substances
Kigali Amendment Adopted in 2016 Phasing down HFCs to mitigate climate change
Universal Ratification Achieved in 2009 First treaty in UN history with universal ratification
Vienna Convention Adopted March 22, 1985 Established international cooperation to protect the ozone layer

Sports – Daily Current Affairs September 16

6. Who were the two in-form stars who led India to victory against Azerbaijan in the 45th Chess Olympiad?
A) Vidit Gujrathi and Praggnanandhaa
B) Magnus Carlsen and Vidit Gujrathi
C) D Gukesh and Arjun Erigaisi
D) R Praggnanandhaa and Magnus Carlsen
E) Arjun Erigaisi and Shakhriyar Mamedyarov
Answer: C) D Gukesh and Arjun Erigaisi

Event and Location:

  • Event: 45th Chess Olympiad, Round 5
  • Location: Global Event

Mandates and Objectives:

  • Indian Men’s Team:
    • India’s victory over Azerbaijan was led by D Gukesh and Arjun Erigaisi, who won their matches against Aydin Sulemanli and Rauf Mamedov respectively. Their victories with the white pieces contributed to India’s 3-1 victory.
    • Praggnanandhaa and Vidit Gujrathi secured draws in their matches, ensuring a win for India.
  • Indian Women’s Team:
    • In the women’s section, R Vaishali and Vantika Agarwal were instrumental in India’s 2.5-1.5 win over Kazakhstan, despite D Harika’s loss.
    • Vaishali’s victory was the deciding factor in the team’s win.

Static GK Information:

Titbits

Chess Olympiad:

  • Founded: 1927
  • Organized by: FIDE (International Chess Federation)
  • Frequency: Biennial
  • 2024 Host Country: Global Event

Indian Chess Players:

  • D Gukesh: World Championship Challenger
  • Arjun Erigaisi: Young Grandmaster with a live rating of 2888 ELO
  • R Praggnanandhaa: Indian Chess Prodigy

Tabular Summary:

Event Location Date Key Performers Significance
India vs Azerbaijan, Chess Olympiad Global September 2024 D Gukesh, Arjun Erigaisi Led India to a 3-1 victory with victories over Aydin Sulemanli and Rauf Mamedov

7. Who secured the first Formula 1 victory of his career at the Azerbaijan Grand Prix?
A) Lando Norris
B) Charles Leclerc
C) Oscar Piastri
D) George Russell
E) Max Verstappen
Answer: C) Oscar Piastri

Event and Location:

  • Event: Azerbaijan Grand Prix (Formula 1)
  • Location: Baku City Circuit, Baku, Azerbaijan

Mandates and Objectives:

  • The Azerbaijan Grand Prix is part of the Formula 1 World Championship, where drivers compete for points in both the drivers’ and constructors’ championships.
  • Oscar Piastri secured his first career victory at this event, which is a significant achievement for both him and the McLaren team.

Important Terms Explained:

  • Virtual Safety Car: A system used in Formula 1 to slow down the race pace when there’s a hazard on track, without deploying the actual safety car.
  • Pole Position: The front position on the starting grid, awarded to the fastest driver in qualifying.
  • Constructors’ Championship: The championship where teams earn points based on their drivers’ performances in each race.
  • Drivers’ Championship: The individual competition where drivers accumulate points to become world champions.

Static GK Information:

Titbits

McLaren:

  • Founded: 1963
  • Headquarters: Woking, Surrey, England
  • Team Principal: Andrea Stella

Ferrari (Charles Leclerc’s team):

  • Founded: 1939
  • Headquarters: Maranello, Italy
  • Team Principal: Fred Vasseur

Mercedes (George Russell’s team):

  • Founded: 1954
  • Headquarters: Brackley, Northamptonshire, UK
  • Team Principal: Toto Wolff

Red Bull (Max Verstappen’s team):

  • Founded: 2005
  • Headquarters: Milton Keynes, England
  • Team Principal: Christian Horner

Tabular Summary:

Category Details Significance
Race Azerbaijan Grand Prix Held at Baku City Circuit
Winner Oscar Piastri (McLaren) Piastri’s first career Formula 1 victory
Second Place Charles Leclerc (Ferrari) Strong race but struggled with tire wear
Third Place George Russell (Mercedes) Secured a podium finish
McLaren’s Constructors’ Standing McLaren now leads the constructors’ championship Overtook Red Bull, ending their 55-race dominance
Final Race Moments Virtual safety car deployment Resulted from a crash involving Perez and Sainz

 

Ranking – Daily Current Affairs September 16

8. Which company topped the Dealer Satisfaction Survey (DSS) 2024, conducted by the Federation of Automobile Dealers Associations (FADA)?
A) Mahindra & Mahindra
B) Hyundai
C) JSW MG Motor
D) Maruti Suzuki
E) Tata Motors
Answer: C) JSW MG Motor

Event and Location:

  • Event: Dealer Satisfaction Survey (DSS) 2024
  • Location: India

Mandates and Objectives:

  • JSW MG Motor ranked highest in the Dealer Satisfaction Survey (DSS) 2024, conducted by FADA.
    • The survey analyzed six major factors, including marketing, product, sales and order planning, after sales, training, and business viability.
    • Hyundai, the previous year’s topper, dropped to third place, while Mahindra & Mahindra ranked second.

Survey Findings:

  • A total of 1,377 dealer principals, operating 4,500 outlets across India, participated in the survey.
  • Key Improvement Areas:
    • Automakers’ policies regarding sharing inventory pressures (slow-moving vehicles and spare parts) need improvement.

Static GK Information:

Titbits

JSW MG Motor:

  • Founded: 2017 (Joint venture with SAIC)
  • Headquarters: Gurugram, Haryana
  • CEO: Gaurav Gupta

Federation of Automobile Dealers Associations (FADA):

  • Founded: 1964
  • President: Manish Raj Singhania
  • Headquarters: New Delhi

Tabular Summary:

Event Location Date Key Stakeholders Significance
Dealer Satisfaction Survey (DSS) 2024 India September 2024 FADA, JSW MG Motor, Mahindra & Mahindra, Hyundai JSW MG Motor ranked highest in dealer satisfaction, followed by Mahindra & Hyundai

Banking and Finance – Daily Current Affairs September 16

9. Under the ‘Parivartan’ initiative, what is HDFC Bank’s goal for increasing the income of marginal farmers by 2025?
A) 2 lakh marginal farmers
B) 3 lakh marginal farmers
C) 5 lakh marginal farmers
D) 1 lakh marginal farmers
E) 10 lakh marginal farmers
Answer: C) 5 lakh marginal farmers

Event and Location:

  • Event: HDFC Bank’s ‘Parivartan’ initiative
  • Objective: By 2025, HDFC Bank aims to boost the income of 5 lakh marginal farmers earning less than Rs 60,000 annually as part of its Corporate Social Responsibility (CSR) programme.

Key Focus Areas:

  • Rural Development:
    • The initiative supports sustainable growth by focusing on the upliftment of rural communities, covering various aspects such as skill development, financial literacy, healthcare, education, and rural infrastructure.
    • Parivartan, started in 2014, is active across 28 states and 8 Union Territories, making it one of the largest CSR programmes in India.

Categorization of Farmers (By Land Holding):

  • Marginal: Less than 1 hectare
  • Small: Between 1 to 2 hectares
  • Semi-medium: Between 2 to 4 hectares
  • Medium: Between 4 to 10 hectares
  • Large: More than 10 hectares

CSR (Corporate Social Responsibility):

  • Refers to companies’ voluntary contributions to societal development and environmental conservation as part of their business operations.

Static GK Information:

Titbits

HDFC Bank:

  • Founded: 1994
  • CEO: Sashidhar Jagdishan
  • Headquarters: Mumbai, Maharashtra
  • Tagline: “We Understand Your World”

Tabular Summary:

Event Goal Year Beneficiaries Key Stakeholders Significance
HDFC Bank’s Parivartan initiative 2025 5 lakh marginal farmers HDFC Bank Boosts income of marginal farmers, supports rural development and sustainability

Business and Economy – Daily Current Affairs September 16

10. From when will investors be able to trade bonus shares on the second working day (T+2) after the record date as per SEBI’s new guidelines?
A) October 1, 2023
B) September 30, 2024
C) October 1, 2024
D) November 1, 2024
E) December 31, 2024
Answer: C) October 1, 2024

Event and Location:

  • Event: SEBI shortens the time for bonus issue trading to T+2
  • Date: Applicable from October 1, 2024

Mandates and Objectives:

  • Securities and Exchange Board of India (SEBI) introduced new guidelines to enable trading of bonus shares on the second working day (T+2) after the record date, starting October 1, 2024.
    • The move is aimed at reducing delays and increasing market efficiency.
    • Under the current system, bonus shares typically become tradable between 2-7 days after the record date.

Key Highlights:

  • Issuers are required to apply for in-principle approval from the stock exchange within five working days of the board meeting approving the bonus issue.
  • Deemed allotment of bonus shares will occur on T+1 day after the record date, and the trading will begin on T+2 day.
  • Direct credit into existing ISIN: SEBI removed the requirement for a temporary ISIN, allowing bonus shares to be directly credited to the permanent ISIN.

Static GK Information:

Titbits

Securities and Exchange Board of India (SEBI):

  • Founded: 1992
  • Chairperson: Madhabi Puri Buch
  • Headquarters: Mumbai, Maharashtra
  • Function: Regulator of securities markets in India

Tabular Summary:

Event Effective Date Timeline Key Stakeholders Significance
SEBI shortens bonus issue trading timeline October 1, 2024 T+2 after record date for trading SEBI, Investors, Issuers Reduces time between bonus issue allotment and trading

Awards – Daily Current Affairs September 16

11. How many medals did India win at the WorldSkills Lyon 2024 competition in France?
A) 12
B) 10
C) 4
D) 16
E) 8
Answer: D) 16

Event and Location:

  • Event: WorldSkills Lyon 2024
  • Location: Lyon, France
  • Participants: More than 1400 participants from over 70 countries competed in diverse skill categories.

Mandates and Objectives:

  • Objective:
    • India won a total of 16 medals, including:
      • 4 Bronze Medals in Patisserie and Confectionery, Industry 4.0 (Team Skill), Hotel Reception, and Renewable Energy.
      • 12 Medallions of Excellence in various skill sets, recognizing India’s exceptional performance across trades.
    • Best of Nation Award was won by Ashwitha Police for her outstanding performance in Patisserie and Confectionery.
    • India’s leadership: Showcased India’s prowess in both innovation-driven fields like Additive Manufacturing and Web Technology and craftsmanship in skills like Cabinet Making and Cooking.

Important Terms Explained:

  • WorldSkills:
    • A global platform where young professionals from different countries showcase their vocational skills.
  • Medallion of Excellence:
    • Awarded to participants who demonstrate world-class standards in their respective skills but do not win a medal.
  • Best of Nation Award:
    • Awarded to the top performer from each country, highlighting individual excellence.

Static GK Information:

Titbits

India:

  • Capital: New Delhi
  • Currency: Indian Rupee (INR)
  • Prime Minister: Narendra Modi

France:

  • Capital: Paris
  • Currency: Euro (€)
  • President: Emmanuel Macron
  • Prime Minister: Élisabeth Borne

Ministry of Skill Development and Entrepreneurship (MSDE):

  • Founded: 2014
  • Minister of State (I/C): Shri Jayant Chaudhary
  • Headquarters: New Delhi, India

National Skill Development Corporation (NSDC):

  • Founded: 2008
  • CEO: Ved Mani Tiwari
  • Headquarters: New Delhi, India

Tabular Summary:

Event Location Date Competitors Significance
WorldSkills Lyon 2024 Lyon, France September 2024 Over 1400 from 70+ countries India won 4 Bronze medals and 12 Medallions of Excellence
Best of Nation Award Lyon, France September 2024 Ashwitha Police (Patisserie & Confectionery) Showcased India’s excellence in culinary arts

12. Who won the award for Lead Actress in a Drama Series at the 2024 Emmy Awards?
A) Jodie Foster
B) Anna Sawai
C) Jean Smart
D) Elizabeth Debicki
E) Jessica Gunning
Answer: B) Anna Sawai

Event and Location:

  • Event: 2024 Emmy Awards
  • Location: United States

Mandates and Objectives:

  • The Emmy Awards honor excellence in television across various categories such as Drama, Comedy, and Limited Series.
  • 2024 Emmy Awards highlighted performances from major networks and streaming platforms like FX, Max, Netflix, and Hulu.

Important Terms Explained:

  • Drama Series: Recognizes the best drama television series of the year.
  • Comedy Series: Honors the best television series in the comedy genre.
  • Limited or Anthology Series: A series that tells a single, self-contained story, usually over a limited number of episodes.
  • Lead Actor/Actress: Awarded to the best performance in a leading role.
  • Supporting Actor/Actress: Recognizes excellence in a secondary role.
  • Directing: Award for the best direction of a television episode or series.
  • Writing: Acknowledges the quality of scriptwriting in television.

Static GK Information:

Titbits

FX (Shōgun Network):

  • Founded: 1994
  • Headquarters: Los Angeles, California, USA
  • Parent Company: The Walt Disney Company

Netflix (Baby Reindeer Network):

  • Founded: 29 August 1997
  • Headquarters: Los Gatos, California, USA
  • CEO: Ted Sarandos

Max (Hacks Network):

  • Founded: 2020
  • Parent Company: Warner Bros. Discovery
  • Headquarters: Burbank, California, USA

Hulu (The Bear Network):

  • Founded: 29 October 2007
  • Headquarters: Los Angeles, California, USA
  • CEO: Randy Freer

Tabular Summary:

Category Winner Show/Network Significance
Drama Series Shōgun FX Epic historical series on 17th-century Japan.
Comedy Series Hacks Max Story of a Las Vegas comedian and her writer.
Limited or Anthology Series Baby Reindeer Netflix Gripping autobiographical drama by Richard Gadd.
Lead Actor in a Comedy Series Jeremy Allen White The Bear (Hulu) Chef navigating family business challenges.
Lead Actor in a Drama Series Hiroyuki Sanada Shōgun Iconic role in the Japanese epic series.
Lead Actor in a Limited Series Richard Gadd Baby Reindeer Powerful autobiographical performance.
Lead Actress in a Comedy Series Jean Smart Hacks Veteran comedian’s strong comeback.
Lead Actress in a Drama Series Anna Sawai Shōgun Riveting portrayal of historical Japanese figure.
Lead Actress in a Limited Series Jodie Foster True Detective: Night Country Celebrated return to television.
Reality Competition Program The Traitors Popularity for psychological mind games.
Talk Series The Daily Show Satirical news show with sharp commentary.

Science and Technology – Daily Current Affairs September 16

13. Which tech company has Life Insurance Corporation (LIC) appointed to build its next-generation digital platform under the DIVE programme?
A) Tata Consultancy Services (TCS)
B) Tech Mahindra
C) Infosys
D) Wipro
E) HCL Technologies
Answer: C) Infosys

Event and Location:

  • Event: LIC appoints Infosys to build NextGen digital platform under DIVE Programme
  • Location: India

Mandates and Objectives:

  • Life Insurance Corporation (LIC), India’s largest insurer, has chosen Infosys to develop its NextGen digital platform as part of the DIVE (Digital Innovation and Value Enhancement) programme.
    • Objective: Transform LIC’s digital infrastructure and enhance customer, partner, and employee experiences.
    • Key Focus: Develop customer and sales super apps, portals, and digital branches to offer seamless services, improve operational efficiency, and enhance the life insurer’s ability to respond to customer needs in a digitally connected world.
    • The platform will be modular, cloud-native, and designed to adapt to emerging technologies and future requirements.

Important Terms Explained:

  • DIVE Programme:
    • A digital transformation initiative by LIC aimed at Digital Innovation and Value Enhancement, improving digital infrastructure and operations across the value chain.
  • NextGen Platform:
    • An advanced, integrated digital platform to support LIC’s operations, including customer service, sales lifecycle management, and digital branches for employees.

Static GK Information:

Titbits

Life Insurance Corporation of India (LIC):

  • Founded: 1956
  • CEO: Siddhartha Mohanty
  • Headquarters: Mumbai, Maharashtra
  • Tagline: “Yogakshemam Vahamyaham” (Your welfare is our responsibility)

Infosys:

  • Founded: 1981
  • CEO: Salil Parekh
  • Headquarters: Bengaluru, Karnataka
  • Tagline: “Navigate your next”

Tabular Summary:

Event Location Date Key Stakeholders Significance
LIC appoints Infosys to build NextGen platform India September 2024 LIC, Infosys Part of the DIVE programme to modernize LIC’s digital infrastructure
LIC’s Q1FT25 Results India Q1FY25 LIC Reported a 9.61% net profit increase and robust growth in group business premiums

Defence – Daily Current Affairs September 16

14. When is the second edition of the Naval Commanders’ Conference 2024 scheduled?
A) 15th to 18th September 2024
B) 16th to 19th September 2024
C) 17th to 20th September 2024
D) 18th to 21st September 2024
E) 19th to 22nd September 2024
Answer: C) 17th to 20th September 2024

Event and Location:

  • Event: Naval Commanders’ Conference 24/2
  • Location: New Delhi
  • Date: 17th to 20th September 2024

Mandates and Objectives:

  • The Naval Commanders’ Conference is a biannual apex event aimed at strategic, operational, and administrative discussions among Naval Commanders.
    • Addresses the evolving geo-political and geo-strategic dynamics and maritime security challenges.
    • Chief of Defence Staff and chiefs of Army and Air Force will engage with Naval Commanders to enhance collaboration across services.
    • Indigenisation (Make in India): The conference will also focus on boosting the Navy’s self-reliance with a commitment towards achieving Aatmanirbharta by 2047.
    • A review of Operational preparedness and capability enhancement plans will be undertaken.

Important Terms Explained:

  • Aatmanirbharta:
    • India’s vision for self-reliance and reducing dependency on foreign imports, especially in defense production.
  • Indian Ocean Region (IOR):
    • A critical strategic area where India aims to be the Preferred Security Partner.

Static GK Information:

Titbits

India:

  • Capital: New Delhi
  • Currency: Indian Rupee (INR)
  • Prime Minister: Narendra Modi

Indian Navy:

  • Founded: 1612
  • Chief of the Naval Staff (CNS): Admiral R. Hari Kumar
  • Headquarters: New Delhi
  • Motto: “Sham No Varunah” (May the Lord of the Water be auspicious unto us)

Tabular Summary:

Event Location Date Chief Guest Significance
Naval Commanders’ Conference 24/2 New Delhi 17th to 20th Sep 2024 Chief of the Naval Staff, Raksha Mantri Rajnath Singh Strategic, operational, and administrative discussions on maritime security and indigenisation

International Affairs – Daily Current Affairs September 16

15. What is the name of the second satellite launched by Iran in 2024?
A) Ghaem-100
B) Chamran-1
C) Payam
D) Nahid-1
E) Sina-1
Answer: B) Chamran-1

Event and Location:

  • Event: Launch of Iran’s second satellite in 2024
  • Location: Orbit (launched by Ghaem-100 rocket)

Mandates and Objectives:

  • Iran’s Chamran-1 Satellite:
    • Launched to test hardware and software systems for demonstrating orbital maneuvering technology.
    • It was carried into orbit by the Ghaem-100 carrier rocket, a three-stage, solid-fuel satellite launcher developed by the Islamic Revolutionary Guard Corps (IRGC).

Facing Criticism:

  • Western governments, particularly the United States and European countries, have expressed concerns that the same technology used for satellite launches could be repurposed for ballistic missiles.

Static GK Information:

Titbits

Iran:

  • Capital: Tehran
  • Currency: Iranian Rial
  • President: Ebrahim Raisi

Tabular Summary:

Event Location Date Key Stakeholders Significance
Launch of Chamran-1 satellite Orbit September 2024 Iran, IRGC Part of Iran’s aerospace advancements, aims to demonstrate orbital technology

National Affairs – Daily Current Affairs September 16

16. Who will inaugurate the ‘Samajik Adhikarita Shivirs’ at 75 locations across the country under the ADIP scheme?
A) Dr. Mansukh Mandaviya
B) Dr. Virendra Kumar
C) Piyush Goyal
D) Amit Shah
E) Smriti Irani
Answer: B) Dr. Virendra Kumar

Event and Location:

  • Event: Inauguration of ‘Samajik Adhikarita Shivirs’
  • Location: Main event in Bulandshahar, Uttar Pradesh, with 74 other connected locations across India.

Mandates and Objectives:

  • ADIP Scheme (Assistance to Persons with Disabilities for Purchase/Fitting of Aids/Appliances):
    • Objective: Provide free aids and assistive devices to over 9000 pre-identified Divyangjan.
    • The event will help beneficiaries by providing devices under this scheme, improving their quality of life.
    • Organized by the Department of Empowerment of Persons with Disabilities (DEPwD) under the Ministry of Social Justice and Empowerment in collaboration with ALIMCO (Artificial Limbs Manufacturing Corporation of India), a public sector unit.

Important Terms Explained:

  • ADIP Scheme:
    • Full form: Assistance to Disabled Persons for Purchase/Fitting of Aids and Appliances.
    • Purpose: Provide assistive devices to persons with disabilities for free.
  • Divyangjan:
    • Respectful term for persons with disabilities in India, emphasizing dignity.
  • ALIMCO (Artificial Limbs Manufacturing Corporation of India):
    • Nodal agency under the Ministry of Social Justice and Empowerment for manufacturing and distributing assistive devices.

Static GK Information:

Titbits

India:

  • Capital: New Delhi
  • Currency: Indian Rupee (INR)
  • Prime Minister: Narendra Modi

Uttar Pradesh:

  • Capital: Lucknow
  • Chief Minister: Yogi Adityanath
  • Governor: Anandiben Patel

ALIMCO (Artificial Limbs Manufacturing Corporation of India):

  • Founded: 1972
  • Headquarters: Kanpur, Uttar Pradesh
  • CMD (Chairman & Managing Director): Shri D.R. Sarin

Tabular Summary:

Event Location Date Chief Guest Significance
Inauguration of ‘Samajik Adhikarita Shivirs’ Bulandshahar, Uttar Pradesh (Main), 74 other locations across India 17th September 2024 Dr. Virendra Kumar (Union Minister for Social Justice and Empowerment) Distribution of aids to over 9000 Divyangjan under ADIP Scheme across 75 locations

17. Who dedicated the Tuticorin International Container Terminal to the nation?
A) Prime Minister Narendra Modi
B) Sarbananda Sonowal
C) Shantanu Thakur
D) Kanimozhi Karunanidhi
E) T. K. Ramachandran
Answer: B) Sarbananda Sonowal

Event and Location:

  • Event: Inauguration of the Tuticorin International Container Terminal (TICT)
  • Location: VO Chidambaranar Port Authority (VOCPA), Tuticorin, Tamil Nadu

Mandates and Objectives:

  • Tuticorin International Container Terminal (TICT):
    • Objective: Enhance the capacity of V.O.C. Port with infrastructure to handle 6 lakh TEUs annually.
    • Investment: ₹434 crores; the terminal has a 14.20-meter draft, accommodating vessels up to 10,000 TEUs.
    • Launch of Green Hydrogen Project and 400 KW Rooftop Solar Power Plant as part of the Harit Sagar Green Port Initiative.
    • “Mission 50” Campaign: Aim to handle 50 million tonnes of cargo by FY 2024-25.
    • Emphasized gender diversity with 40% of employees being women, reflecting women-led development in the maritime sector.

Important Terms Explained:

  • Green Hydrogen Project:
    • Focus on green hydrogen production for sustainable energy, aligned with India’s global green energy objectives.
  • Harit Sagar Green Port Initiative:
    • Part of India’s initiative to make ports more environmentally friendly, utilizing renewable energy sources like solar power.

Static GK Information:

Titbits

India:

  • Capital: New Delhi
  • Currency: Indian Rupee (INR)
  • Prime Minister: Narendra Modi

Tamil Nadu:

  • Capital: Chennai
  • Chief Minister: Muthuvel Karunanidhi Stalin
  • Governor: Banwarilal Purohit

VO Chidambaranar Port Authority (VOCPA):

  • Founded: 1974
  • Chairperson: Susanta Kumar Purohit
  • Location: Tuticorin, Tamil Nadu

Tabular Summary:

Event Location Date Chief Guest Significance
Dedication of Tuticorin International Terminal VOCPA, Tuticorin, TN 16th September 2024 Sarbananda Sonowal (Union Minister) Inauguration of the new terminal with Green Hydrogen and Solar Power projects
Inauguration of “Mission 50” Campaign Tuticorin 16th September 2024 Sarbananda Sonowal Goal to handle 50 million tonnes of cargo in FY 2024-25

18. Where was the 4th Global Renewable Energy Investor’s Meet and Expo (RE-INVEST) inaugurated by Prime Minister Narendra Modi?
A) Mumbai, Maharashtra
B) New Delhi
C) Gandhinagar, Gujarat
D) Bengaluru, Karnataka
E) Hyderabad, Telangana
Answer: C) Gandhinagar, Gujarat

Event and Location:

  • Event: 4th Global Renewable Energy Investor’s Meet and Expo (RE-INVEST)
  • Location: Mahatma Mandir, Gandhinagar, Gujarat
  • Date: 16th September 2024

Mandates and Objectives:

  • Prime Minister Narendra Modi: Inaugurated the 3-day summit aimed at highlighting India’s renewable energy achievements.
    • Key Highlight: India has achieved 200 GW of installed non-fossil fuel capacity and aims to reach 500 GW by 2030.
    • PM Surya Ghar Free Electricity Scheme: A flagship scheme promoting rooftop solar setups, generating both employment (20 lakh jobs) and environmental benefits.
    • India is the first G20 nation to achieve its Paris Climate Commitments 9 years ahead of schedule.

Important Terms Explained:

  • PM Surya Ghar Free Electricity Scheme:
    • A government initiative where rooftop solar setups are installed for families, turning households into power producers and creating job opportunities, particularly in solar PV technology.

Static GK Information:

Titbits

India:

  • Capital: New Delhi
  • Currency: Indian Rupee (INR)
  • Prime Minister: Narendra Modi

Gujarat:

  • Capital: Gandhinagar
  • Chief Minister: Bhupendra Patel
  • Governor: Acharya Devvrat

Ministry of New and Renewable Energy (MNRE):

  • Minister: Prahlad Joshi
  • Founded: 1992
  • Headquarters: New Delhi

Tabular Summary:

Event Location Date Chief Guest Significance
4th Global Renewable Energy Investor’s Meet Gandhinagar, Gujarat 16th September 2024 Prime Minister Narendra Modi Focus on India’s renewable energy progress, aim to achieve 500 GW capacity by 2030
PM Surya Ghar Free Electricity Scheme India-wide Ongoing Narendra Modi Over 1 crore families registered for rooftop solar installations, generating 20 lakh jobs

19. What is the name of the newly launched startup portal by Union Minister Shri Piyush Goyal?
A) Startup India Registry
B) BHASKAR Portal
C) Surya Portal
D) Innovation Hub
E) Entrepreneur India
Answer: B) BHASKAR Portal

Event and Location:

  • Event: Launch of Bharat Startup Knowledge Access Registry (BHASKAR) Portal
  • Location: New Delhi
  • Date: 16th September 2024

Mandates and Objectives:

  • BHASKAR Portal:
    • Meaning “Rising Sun,” designed as a one-stop digital platform under the Startup India program.
    • Enables collaboration, cooperation, and competition among 1.4 lakh DPIIT-recognized startups.
    • Aims to bring all stakeholders—startups, investors, mentors, service providers, and government bodies—under one platform.
    • Goal: Streamline resources and opportunities, especially for startups in tier-2 and tier-3 cities.
    • Features:
      • Industry Alliances for cross-collaboration
      • Dynamic Networking for easy connections
      • Enhanced Visibility with profile cards
      • BHASKAR ID for personalized dashboards and services access.

Important Terms Explained:

  • DPIIT (Department for Promotion of Industry and Internal Trade):
    • A government department responsible for formulating and implementing growth policies for industrial development.
  • Startup India:
    • A government initiative to promote innovation and entrepreneurship by offering benefits and support to startups.

Static GK Information:

Titbits

India:

  • Capital: New Delhi
  • Currency: Indian Rupee (INR)
  • Prime Minister: Narendra Modi

Ministry of Commerce and Industry:

  • Founded: 1947
  • Minister: Shri Piyush Goyal
  • Headquarters: New Delhi

Tabular Summary:

Event Location Date Chief Guest Significance
Launch of BHASKAR Portal New Delhi 16th September 2024 Union Minister Shri Piyush Goyal One-stop digital platform for startups to collaborate, share knowledge, and innovate

20. Which rapid rail was inaugurated by Prime Minister Narendra Modi between Ahmedabad and Bhuj?
A) Bullet Train
B) Namo Bharat Rapid Rail
C) Vande Bharat Express
D) Metro Rail
E) Rajdhani Express
Answer: B) Namo Bharat Rapid Rail

Event and Location:

  • Event: Inauguration of multiple development projects, including the Namo Bharat Rapid Rail
  • Location: Ahmedabad, Gujarat
  • Date: 16th September 2024

Mandates and Objectives:

  • Namo Bharat Rapid Rail:
    • India’s first Namo Bharat Rapid Rail was inaugurated by Prime Minister Narendra Modi, connecting Ahmedabad and Bhuj.
    • Aimed at improving urban connectivity, especially for middle-class families, this rapid rail provides faster, more convenient transport for daily commuters involved in jobs, business, and education.
    • The launch is part of a larger initiative that includes other projects related to railways, roads, housing, and finance, with an investment of over ₹8,000 crores.

Important Terms Explained:

  • Namo Bharat Rapid Rail:
    • A rapid rail service designed to provide fast and affordable travel between cities, launched as a key part of India’s infrastructure development plan.

Static GK Information:

Titbits

India:

  • Capital: New Delhi
  • Currency: Indian Rupee (INR)
  • Prime Minister: Narendra Modi

Gujarat:

  • Capital: Gandhinagar
  • Chief Minister: Bhupendra Patel
  • Governor: Acharya Devvrat

Tabular Summary:

Event Location Date Chief Guest Significance
Inauguration of Namo Bharat Rapid Rail Ahmedabad to Bhuj 16th September 2024 Prime Minister Narendra Modi Launched to improve connectivity and convenience for middle-class commuters


Over All Review

Important Days

  • September 15 marks National Engineer’s Day, commemorating Sir M. Visvesvaraya’s birth anniversary.
  • September 15 marks International Day of Democracy, promoting democratic principles and practices globally.
  • September 16 marks International Day of Science, Technology and Innovation for the South.
  • September 16 is observed as International Day for Interventional Cardiology globally.
  • September 16 commemorates the Montreal Protocol with World Ozone Day to raise awareness of ozone protection.

Sports 

  • D Gukesh and Arjun Erigaisi led India’s 3-1 victory over Azerbaijan in the 45th Chess Olympiad.
  • Oscar Piastri wins his first Formula 1 race at the Azerbaijan Grand Prix.

Ranking 

  • JSW MG Motor tops Dealer Satisfaction Survey 2024 conducted by FADA, surpassing Hyundai and Mahindra.

Banking and Finance 

  • HDFC Bank aims to increase the income of 5 lakh marginal farmers by 2025 under its ‘Parivartan’ CSR initiative.

Business And Economy

  • SEBI reduces bonus share trading timeline to T+2, effective from October 1, 2024.

Awards 

  • India won 16 medals (4 Bronze, 12 Medallions of Excellence) at WorldSkills Lyon 2024.
  • Shōgun wins big at the 2024 Emmy Awards, including Outstanding Drama Series.

Science and Technology

  • LIC appoints Infosys to develop NextGen digital platform as part of DIVE transformation programme.

Defence

  • Naval Commanders’ Conference 24/2 to be held from 17th to 20th September 2024 in New Delhi.

International Affairs

  • Iran launched its second satellite in 2024, Chamran-1, using the Ghaem-100 rocket.

National Affairs

  • Dr. Virendra Kumar to inaugurate ‘Samajik Adhikarita Shivirs’ for Divyangjan across 75 locations.
  • Sarbananda Sonowal dedicated Tuticorin International Container Terminal to the nation.
  • Prime Minister Narendra Modi inaugurated the 4th Global RE-INVEST in Gandhinagar, Gujarat.
  • Piyush Goyal launched the BHASKAR Portal to unify India’s growing startup ecosystem.
  • Prime Minister Narendra Modi inaugurated Namo Bharat Rapid Rail between Ahmedabad and Bhuj.

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