Daily Current Affairs: August 12, 2021

Daily Current Affairs (August 12, 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.

Also, Don’t forget to attend the Daily Current Affairs Quiz – August 12, 2021, now @ our Bankersdaily Tests.

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Check: Previous – Daily Current Affairs – Banking Exam

Important Days

International Youth Day – 12 August

• International Youth Day is observed on 12 August every year.
• The theme for 2021: “Transforming Food Systems: Youth Innovation for Human and Planetary Health”

World Elephant Day – 12 August

• World Elephant Day is observed on 12 August every year.
• This day is observed to raise awareness and bring attention to the plight of elephants. 

National News

Parliament passes the General Insurance Business (Nationalisation) Amendment Bill 2021 

• Parliament passes the General Insurance Business (Nationalisation) Amendment Bill 2021. The aim of this Bill is to permit privatisation of state-run general insurance companies.
• The Bill gets rid of the mandatory provision of 51 per cent shareholding of the Union Government in General Insurance Corporation of India, National Insurance, New India Assurance, Oriental Insurance and United India Insurance companies.

Union Minister of State for External Affairs Raj KumarRanjan Singh inaugurates the 7^th IBSA Academic Forum

• Union Minister of State for External Affairs Raj Kumar Ranjan Singh inaugurated the two-day-long 7^th IBSA Academic Forum, which was held virtually.
• The two-day event was hosted by the Research and Information System for Developing Countries.
• India is the incumbent Chair of IBSA.
• This Forum focuses on strengthening IBSA development cooperation projects.

Union Government announces Rs. 1000 crores for new national highways in Uttarakhand

• Union Minister of Road Transport and Highways Nitin Gadkari announced 1000 crores for new national highways in Uttarakhand and an additional Rs. 300 crores for the Central Road Infrastructure Fund.

Prime Minister Narendra Modi addresses the Confederation of Indian Industry’s (CII) Annual Meeting 2021

• Prime Minister Narendra Modi addressed the Confederation of Indian Industry’s (CII) Annual Meeting 2021 through video-conferencing.
• Theme of the meeting: ‘India@75: Government and Business working together for AatmaNirbhar Bharat’.

Prime Minister Narendra Modi participates in the ‘Atmanirbhar Narishakti se Samvad’

1. Rs. 1625 crores to over four lakh SHGs
2. Rs. 25 crores seed money for 7500 SHGs

• Rs. 4.13 crores for 75 Farmer Producer Organizations (FPOs)

State News

Tamil Nadu Government and Germany will sign an MoU to procure 2500 buses for public transport

• The Tamil Nadu Government is in consultation with Germany to sign a Memorandum of Understanding (MoU) to procure 2,500 buses for public transport.
• An additional allocation of Rs. 150 crores was allocated for the Tamil Nadu Transport Department.

International News

Seventh Oxygen Express arrives in Bangladesh from India

• The seventh Oxygen Express from India reached Bangladesh with 29 tonnes of liquid medical oxygen.
• The first Oxygen Express was sent to Bangladesh from Tatanagar on 24 July to help the supply of oxygen for the treatment of COVID-19 patients in Bangladesh hospitals.

Bangladesh

• Capital: Dhaka
• Currency: Taka
• Prime Minister: Sheikh Hasina
• President: Abdul Hamid

Banking & Economy

IndusInd Bank launches its mega currency chest in Chandigarh

• IndusInd Bank launched its mega currency chest at Chandigarh to service 218 branches across Punjab and Haryana along with branches of other banks in those states.

Appointments

Zeya By Kundan ropes in Vaani Kapoor as their brand ambassador

• Jewellery brand Zeya By Kundan announced Vaani Kapoor as their brand ambassador.
• With this association, Zeya By Kundan aims to create high decibel visibility and connect with its target customers.

Union Home Secretary Ajay Kumar Bhalla gets a one-year extension

• The Union Government has extended the tenure of the Union Home Secretary Ajay Kumar Bhalla.
• His tenure was extended till 22 August.

Agreements and MoUs signed

EdelGive Foundation and FICCI signed an MoU to assist women in the entrepreneurial ecosystem

• EdelGive Foundation and the Federation of Indian Chambers of Commerce and Industry (FICCI) have signed a memorandum of understanding (MoU) to strengthen and boost up outreach initiatives with respect to women entrepreneurship in India.

United Nations Conference on Trade and Development and International Air Transport Association extend partnership to facilitate global trade

• United Nations Conference on Trade and Development (UNCTAD) and the International Air Transport Association (IATA) have extended their collaboration to facilitate international trade, especially e-commerce.

Science and Technology

ISRO launched its earth observation satellite GISAT-1

• Indian Space Research Organisation (ISRO) launched its earth observation satellite GISAT-1.
• The satellite was launched onboard a GSLV -F10 rocket from Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh.

CSS Corp launches a cloud-based digital customer experience transformation platform ‘CSS EDISON’

• CSS Corp announced the launch of CSS EDISON, a cloud-based intelligent customer experience (CX) transformation platform for accelerated digitalization of end-to-end CX and technology support ecosystems.

Books and Authors

National best selling author Aditya R. Nighhot released his new book “Unhooked & Unbooked”

• Aditya R. Nighhot is known for writing contemporary romance novels and books that have received critical as well as public acclaim.
• He came out with his new book ‘Unhooked & Unbooked’ published by Invincible Publishers.

Sports News

The 130^th edition of the Durand Cup Football Tournament is scheduled to be held at Kolkatta

• The 130^th edition of the Durand Cup Football Tournament is scheduled to be held at Kolkata from 5 September to 3 October
• Durand Cup is the world’s third oldest and Asia’s oldest football tournament. It was first held in 1888 at Dagshai, Himachal Pradesh.

World Athletics Rankings: Neeraj Chopra ranks the second spot 

• Olympic Gold medallist Neeraj Chopra was ranked second in World Athletics Rankings with a score of 1315 behind Germany’s Johannes Vetter.

Daily CA 12 August- one-liners

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  August 12, 2021, now from the link given below.