Daily Current Affairs September 20

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 20. 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 20| Daily Current Affairs 2023

Sports – Daily Current Affairs September 20

1. Which three major USA cities have been confirmed as the venues for the ICC Men’s T20 World Cup in 2024?
A) Los Angeles, Chicago, and Houston
B) Miami, San Francisco, and Las Vegas
C) Dallas, Florida, and New York
D) Boston, Seattle, and Atlanta
E) Denver, Orlando, and Philadelphia
Answer: C) Dallas, Florida, and New York

• The International Cricket Council (ICC) have confirmed three major USA cities: Dallas, Florida and New York, as the venues for the ICC Men’s T20 World Cup 2024.
• The USA is set to host the T20 World Cup for the first time, with Grand Prairie in Dallas, Broward County in Florida and Nassau County in New York chosen as the venues for the grand event.
• USA and West Indies were selected as co-hosts for the global tournament back in November 2021, when the ICC Board awarded them the hosting rights.

2. Who won the gold medal in the 10m air rifle event at the ISSF World Cup 2023 in Rio, representing India?
A) AbhinavBindra
B) GaganNarang
C) ApurviChandela
D) AnjumMoudgil
E) ElavenilValarivan
Answer: E) ElavenilValarivan

• Indian shooter ElavenilValarivan won the gold medal in women’s 10m air rifle event at the ISSF World Cup 2023 in Rio de Janeiro, Brazil
• Olympian ElavenilValarivan shot 252.2 from her series of 24 shots in the final and narrowly beat France’s Oceanne Muller (251.9). Jiale Zhang (229.0) of the People’s Republic of China took the final podium
• This was ElavenilValarivan’s second individual ISSF World Cup medal.
• The 24-year-old shooter had clinched the 10m air rifle gold in Rio back in 2019.

Banking and Finance – Daily Current Affairs September20

3. OTO, a digital two-wheeler commerce and financing platform, has partnered with which bank to emphasize two-wheeler financing for underserved customer segments?
A) ICICI Bank
B) HDFC Bank
C) Axis Bank
D) Suryoday Small Finance Bank
E) Kotak Mahindra Bank
Answer: D) Suryoday Small Finance Bank

• OTO, a digital two-wheeler commerce and two-wheeler financing platform, has collaborated with Suryoday Small Finance Bank, a new-age bank, to focus on two-wheeler financing, particularly for the underserved customer segments.
• OTO has set an ambitious target to disburse more than ₹1,000 crore in FY 2024 through its lending partners and anticipates that this partnership will significantly contribute to achieving this milestone.
• As part of this partnership, Suryoday Bank gains access to OTO’s extensive digital commerce customer base, thereby strengthening its presence in the two-wheeler retail financing sector.

4. Which company has launched the “ACKO Platinum Health Plan,” a health insurance product?
A) Apollo Munich Health Insurance
B) HDFC Ergo General Insurance
C) Max Bupa Health Insurance
D) ACKO
E) ICICI Lombard General Insurance
Answer: D) ACKO

• ACKO has launched its health insurance product – ACKO Platinum Health Plan.
  the plan has features including 100% bill payment, no room rent capping, zero waiting period, among others.
• To launch its Health Insurance product, ACKO has brought back two characters of Munna Bhai and Circuit in its campaign titled ‘Health Insurance kiSubahhoGayiMamu’.
• The campaign directed by filmmaker RajkumarHirani, features Sanjay Dutt and Arshad Warsi in their original roles and questions the current health insurance system.

Business and Economy – Daily Current Affairs September 20

5. Tata Consultancy Services (TCS) has recently partnered with which organization, the provider of Norway’s national payment and electronic identity systems?
A) DNB ASA
B) SpareBank 1
C) Vipps
D) Evry
E) BankIDBankAxept AS
Answer: E) BankIDBankAxept AS

• Tata Consultancy Services (TCS) has entered into a partnership with BankIDBankAxept AS, the provider of Norway’s national payment and electronic identity systems.
• This alliance aims to establish and manage an operations command centre.
• BankAxept, the dominant national payment system in Norway, facilitates 80 per cent of card payments in the country.
• Meanwhile, BankID serves as Norway’s primary eID verification solution, relied upon by over 90 per cent of the population, as well as banks, public institutions, and commercial enterprises.
• New regulations mandate BankID to deliver users a compliant, trustworthy, and secure electronic identity solution, complemented by round-the-clock support.
• As per the agreement, TCS will construct and oversee a 24×7 operations command centre in Oslo, Norway, catering to all BankIDBankAxept AS users and clients.
• This facility will ensure responses to any service disruptions, security concerns, or client requests pertaining to Norway’s crucial national payments and electronic identity verification systems.

6. NoBrokerHood has partnered with which government-backed initiative to improve the shopping experience for residents?
A) Make in India
B) Digital India
C) Start-up India
D) ONDC (Open Network for Digital Commerce)
E) Aatmanirbhar Bharat
Answer: D) ONDC (Open Network for Digital Commerce)

• NoBrokerHood, the visitor, society and payment management app by NoBroker, has said that it has joined the government-backed Open Network for Digital Commerce (ONDC) in order to transform daily shopping experience for residents.
• As per the company’s statement, this will help society residents avail everything from food, groceries, daily essentials, etc. on one app
• ONDC is a non-profit company whose network will enable the display of products and services from all participating e-commerce platforms in search results across all apps on the network.

7. Infosys has partnered with which technology company to build GenAI, a platform aimed at training 50,000 employees?
A) Microsoft
B) Google
C) NVIDIA
D) IBM
E) Amazon
Answer: C) NVIDIA

• Infosys and Nvidia have broadened their strategic collaboration to advance generative artificial intelligence (GenAI) applications and solutions for enterprises.
• The alliance will integrate Nvidia’s AI Enterprise ecosystem of models, tools, runtimes, and GPU systems into Infosys Topaz, a suite of AI-first services and platforms aimed at accelerating business value with GenAI technologies.
• In addition, Infosys intends to establish an Nvidia Centre of Excellence, aiming to train and certify 50,000 employees in Nvidia AI technology.
• This training will enhance Infosys’ capability to provide GenAI expertise across a wide range of industries.
• This move follows Nvidia’s recent announcement to reskill over 600,000 employees of Tata Consultancy Services (TCS), India’s largest IT services firm, in AI technologies.
• The partnership with Infosys is in line with Nvidia’s strategy to collaborate with other IT service companies and Indian universities to develop AI expertise.

International Affairs – Daily Current Affairs September 20

8. Which country hosted the first joint military drills by the Association of Southeast Asian Nations (ASEAN) bloc on Batamisland?
A) Malaysia
B) Thailand
C) Philippines
D) Indonesia
E) Vietnam
Answer: D) Indonesia

• Indonesia kicked off the first joint military drills by the Association of Southeast Asian Nations (ASEAN) bloc on Batamisland amid rising maritime tension with China in the South China Sea region.
• The five-day ASEAN Solidarity Exercise-01 Natuna (ASEX-01N) exercise, will be held at Indonesia’s Natuna Islands near the South China Sea.
• Military personnel from all ASEAN member countries, including East Timor will participate.
• The non-combat drills are aimed at cooperation and strengthening strategic partnership among the member countries, Indonesia military chief YudoMargono told reporters at the opening ceremony.

National Affairs – Daily Current Affairs September 20

9. Which Indian budget carrier based in Mumbai has received approval from the Ministry of Civil Aviation to operate flights to international destinations?
A) SpiceJet
B) AirAsia India
C) IndiGo
D) GoAir
E) Akasa Air
Answer: E) Akasa Air

• The ministry of civil aviation has approved Mumbai-based budget carrier Akasa Air’s request to fly to international destinations
• However, the airline awaits the allocation of traffic rights by the government and subsequent approval from the relevant countries.
• These traffic rights are typically granted reciprocally on a bilateral basis by governments to airlines of their respective nations.
• The airline recently added its 20th aircraft in its first year of operations – it was launched in August last year – thus becoming eligible to apply for international scheduled air transport services.

10. Euler Motors has collaborated with which organization for “Mission 50K-EV4ECO” to drive electric vehicle (EV) adoption?
A) NITI Aayog
B) Ministry of New and Renewable Energy (MNRE)
C) Indian Oil Corporation (IOC)
D) Society of Indian Automobile Manufacturers (SIAM)
E) Small Industries Development Bank of India (SIDBI)
Answer: E) Small Industries Development Bank of India (SIDBI)

• Euler Motors, a commercial electric vehicle company has collaborated with the Small Industries Development Bank of India (SIDBI) for the visionary “Mission 50K-EV4ECO” program, aimed at catalysing the entire EV value chain.
• This strategic partnership aims to revolutionize the electric vehicle financing segment, strengthen the electric mobility ecosystem, and pave the way for a sustainable future.
• SIDBI’s “Mission 50K-EV4ECO” is the flagship scheme to lift electric vehicle adoption across the country. As part of this initiative, SIDBI is set to transform the EV financing landscape, empowering businesses to seamlessly transition to electric mobility.
• As part of this mission, SIDBI is providing loans for the purchase of EVs and developing charging infrastructure, including battery swapping, to eligible small and medium enterprises (SMEs).
• The mission will promote electric vehicle adoption through direct and indirect lending support to fleet operators, leasing companies, and vehicle aggregators.
• Through this association, Euler Motors will facilitate financing and deployment of over 2000 of its class leading HiLoad EV, over the next two years.

11. Which Indian state’s Chief Minister, Shivraj Singh Chouhan, inaugurated the ‘MukhyamantriKrishakMitraYojana’ to provide permanent agricultural pump connections to farmers?
A) Rajasthan
B) Uttar Pradesh
C) Madhya Pradesh
D) Gujarat
E) Maharashtra
Answer: C) Madhya Pradesh

• Madhya Pradesh Chief Minister Shivraj Singh Chouhan inaugurated ‘MukhyamantriKrishakMitraYojana’ to provide permanent agricultural pump connections to the farmers in the state.
• Under MukhyamantriKrishakMitraYojana, extension of 11KV line and transformer will be installed for connection of 3 horsepower or more capacity.
• Under this scheme, only 50 percent of the electricity infrastructure development cost will have to be spent by the farmer/group of farmers and the remaining 50 percent will be borne by the government
• The farmers used to get loans on 15-16 percent interest. Initially, we decreased the interest rate to seven percent, then five percent, then three percent and later on the state government decided to give loans to farmers at zero percent interest

12. Which two organizations signed an agreement for the development of a NavIC-based IST traceable Primary Reference Time Clock for the Telecom Sector?
A) ISRO and BSNL
B) DRDO and CSIR
C) C-DOT and CSIR-National Physical Laboratory
D) Ministry of Electronics and Information Technology (MeitY) and NIC
E) NITI Aayog and Ministry of Science and Technology
Answer: C) C-DOT and CSIR-National Physical Laboratory

• Centre for Development of Telematics (C-DOT), the premier Telecom R&D Centre of the Department of Telecommunications (DoT) and CSIR-National Physical laboratory (NPL) signed an agreement for ‘Development of NavIC based IST traceable Primary Reference Time Clock (PRTC) for Telecom Sector’.
• The agreement is signed under the Telecom Technology Development Fund (TTDF) scheme of the DoT for providing funding support to domestic companies and institutions involved in technology design, development, commercialization of telecommunication products and solutions to enable affordable broadband and mobile services in rural and remote areas.
• The project focuses on the development of a device which shall provide direct Indian Standard Time (IST) traceability to all the Telecom Service Providers (TSPs) and Internet Service Providers (ISPs) within ± 20 ns. This shall benefit India in multiple ways starting from reducing the dependency on GPS, shifting to IRNSS/NavIC, digital forensic analysis of transactions, cyber secure networks, reduce call drops & further synchronise all the telecom services with one reference time source IST, developed by CSIR-NPL.
• Time synchronization of the telecom networks will be foundation for a strong cyber secured nation, as every bank transaction, stock market transactions and exchange of information is through the TSPs and ISPs. Development of NavIC based IST traceable Primary Reference Time Clock (PRTC) is an initiative which aims towards achieving the objective of “One nation One time”.

Over All Review

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