Daily Current Affairs: August 28, 2021

Daily Current Affairs (August 28, 2021) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

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National News

Union Finance Minister launches ‘My Pad, My Right’ project in Tripura

• Union Finance Minister Nirmala Sitharaman officially launched the ‘My Pad, My Right’ pilot project funded by National Bank for Agriculture and Rural Development (NABARD) owned non-profit company NABFOUNDATION at Killa village in the Gomati district of Tripura.
• This project aims to bring livelihood and menstrual hygiene closer to rural women by way of grantswage support and capital equipment.
• Under this project, Self Help Groups are given one sanitary pad making machine, raw materials for two months, wages for 50 days, packaging materials for two months and other accessories and five days of training in three phases.
• Nirmala Sitharaman also flagged off a mobile ATM van of the Tripura State Cooperative Bank to mark the seventh anniversary of the Pradhan Mantri Jan Dhan Yojana.

Prime Minister Modi virtually inaugurates the renovated complex of the Jallianwala Bagh Memorial            

• Prime Minister Narendra Modi virtually inaugurated the renovated complex of the Jallianwala Bagh Memorial in in Amritsar, Punjab.
• This memorial will serve will serve as a reminder for future generations about the right of the people to peaceful democratic protest.

Union Minority Affairs Ministry organises ‘Mera Watan, Mera Chaman’ mushaira in New Delhi

• Union Minority Affairs Ministry organised ‘Mera Watan, Mera Chaman’ mushaira in New Delhi as a part of Azadi Ka Amrit Mahotsav’ celebrating 75 years of India’s Independence. The poets presented their poetry and couplets on the celebration of 75 years of India’s Independence while remembering the sacrifices made by the great freedom fighters.
• Mushaira and Kavi Sammelan are a part of the rich and glorious cultural legacy of and they strengthen the fabric of ‘Unity in Diversity’ and India’s culture of civility and etiquette.

Indian President Ram Nath Kovind lays the foundation stone for Uttar Pradesh’s AYUSH University in Gorakhpur

• Indian President Ram Nath Kovind laid the foundation stone for the first AYUSH University of Uttar Pradesh, Mahayogi Guru Gorakhnath AYUSH Vishwavidyalaya, at Gorakhpur, Uttar Pradesh.
• AYUSH systems of health care have been instrumental in increasing people’s immunity and fighting against the lethal COVID-19 second wave.

State News

Odisha Government approves Odisha Electric Vehicle Policy 2021 and targets 20 per cent electric vehicles on the road by 2025

• The Odisha Cabinet, headed by Odisha Chief Minister Naveen Patnaik, approved the Odisha Electric Vehicle Policy 2021, which aims to promote the use of electric vehicles.
• The objective of this policy is to reduce emissions caused by the use of traditional fossil fuel-run vehicles and promote the manufacture of electric vehicles.

Odisha                         

• Capital: Bhubaneswar
• Chief Minister: Naveen Patnaik
• Governor: Ganeshi Lal
• Festivals: Dhanu Yatra, Budi Thakurani Yatra, Magha Saptami, Chhau, Dola Purnima
• Lakes: Kanjia Lake, Chilika Lake, Ansupa Lake, Pata Lake
• Folk Dances: Chhau, Gotipua, Ghumura, Ranappa, Chaiti Ghoda, Sambalpuri
• Dams: Hirakud dam, Indravati dam, Rengali dam, Jalaput dam, Mandira dam, Patora dam
• National Parks: Bhitarkanika National Park, Simlipal National Park

 Banking & Economy

RBI announces issue price for Sovereign Gold Bond Scheme 2021–22 – Series VI                        

• The Reserve Bank of India (RBI) announced the issue price for Sovereign Gold Bond Scheme 2021–22 – Series VI, which is fixed at 4732 per gram of gold.
• The Sovereign Gold Bond Scheme 2021–22 – Series VI will be open for subscription for the period 30 August 2021 to 3 September 2021.

Reserve Bank of India (RBI)

• Headquarters: Mumbai, Maharashtra
• Formation: 1 April 1935
• Governor: Shaktikanta Das
• Deputy Governors: M. K. Jain, M. D. Patra, M. Rajeshwar Rao and T. Rabi Sankar
• Subsidiaries: Deposit Insurance and Credit Guarantee Corporation (DICGC), Bharatiya Reserve Bank Note Mudran Limited (BRBNML)

Google ties up with fintech startup Setu to help users open fixed deposits through Google Pay

• Google tied up with fintech startup Setu to enable its customers to book fixed deposits (FDs) through Google Pay.
• Initially, FDs of Equitas Small Finance Bank with a maximum interest rate of 6.35 per cent for one year will be offered.
• Aadhaar-based KYC (Know Your Customer) is mandatory to avail this service.

Appointments

UCO Bank’s MD & CEO Atul Kumar Goel gets an extension of two years                  

• The Union Government extended the term of UCO Bank’s MD and CEO, Atul Kumar Goel, for two years.
• His current term was to expire on 1 November 2021.

Defence News

China, Pakistan, Mongolia and Thailand militaries are set to take part in ‘Shared Destiny 2021’ military exercise

• The militaries of China, Pakistan, Mongolia and Thailand will take part in a multinational peacekeeping exercise named ‘Shared Destiny 2021’.
• The aim of this exercise is joint operations of multinational peacekeeping forces. The exercise will be held in a close-to-real battlefield environment set in accordance with the international, professional and realistic combat standards.

Science & Technology

NITI Aayog and Cisco jointly launches women entrepreneurship platform ‘WEP Nxt’

• NITI Aayog and Cisco jointly launched the next phase of the women entrepreneurship platform (WEP) ‘WEP Nxt’ to build on their shared commitment to empower women entrepreneurs across India.
• WEP Nxt will be the next phase of NITI Aayog’s flagship initiative to enable more women-owned businesses across India.
• This platform will aim to address the most urgent needs of the women entrepreneurs across six key verticals:
• Community and networking
• Skilling and mentorship
• Incubation and acceleration programs
• Financial
• Compliance
• Marketing assistance

National Dairy Development Board launches e-GOPALA and IMAP web portals                  

• Union Minister of Fisheries, Animal Husbandry and Dairying Parshottam Rupala launched the Anand-based National Dairy Development Board’s (NDDB) web version of the e-GOPALA application and IMAP web portal, which provides real-time information to dairy farmers for better productivity of milk-producing animals.

Daily CA- August 28 one liner:

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