Daily Current Affairs: August 22 & 23, 2021

Daily Current Affairs (August 22 & 23, 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 22 & 23, 2021, now @ our Bankersdaily Tests.

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Important Days

International Day Commemorating the Victims of Acts of Violence Based on Religion or Belief – 22 August

• The International Day Commemorating the Victims of Acts of Violence Based on Religion or Belief is observed on 22 August to emphasise the importance of assisting religious persecution victims as part of the United Nations’ efforts to promote human rights related to freedom of religion or belief.

International Day for the Remembrance of the Slave Trade and its Abolition –23 August                

• International Day for the Remembrance of the Slave Trade and its Abolition is celebrated on 23 August every year with an aim to remember millions of people who were the victims of the trans-Atlantic slave trade.

National News

Union Finance Minister launches Ubharte Sitaare Fund in Lucknow for export-oriented firms and startups

• The Ubharte Sitaare Fund (USF) for export-oriented small and mid-sized firms and startups was launched in Lucknow by Union Finance Minister Nirmala Sitharaman.
• This fund aims at arranging funds for the promotion of micro, small and medium companies. It has been set up by EXIM Bank and Small Industrial Development Bank of India (SIDBI)

Union Ministry of Information and Broadcasting observes Iconic Week from 23 August to 29 August

• Union Ministry of Information & Broadcasting launched a gamut of activities to celebrate Iconic week as a part of  Azadi Ka Amrit Mahotsav from 23–29 August 2021.
• The objective is to showcase the journey of New India and celebrate the contribution of freedom fighters, including the ‘unsung heroes’ of the freedom struggle, through massive outreach activities.

State News

Greater Hyderabad Municipal Corporation launches ‘10 mins at 10 am’ campaign to control the diseases caused by mosquitoes

• The Greater Hyderabad Municipal Corporation (GHMC) launched a campaign named ’10 mins at 10 am’ to control mosquito breeding and prevent the spread of vector-borne diseases like dengue and chikungunya.
• This campaign will continue for ten weeks.

Manipur Chief Minister launches Livelihood Support Scheme                     

• Manipur Chief Minister N. Biren Singh launched COVID-19 affected Livelihood Support Scheme to assist those who had been severely affected by the COVID-19 pandemic in Manipur.

Manipur

• Capital: Imphal
• Chief Minister: Biren Singh
• Governor: La. Ganesan

Delhi Chief Minister inaugurates India’s first-ever smog tower                                  

• Delhi Chief Minister Arvind Kejriwal inaugurated India’s first smog tower in Delhi’s Connaught Place with an aim to improve air quality in a radius of around 1 km.
• The smog tower will purify 1,000 cubic metres of air per second within a radius of around 1 km and reduce PM 2.5 and PM 10 levels in Delhi.

New Delhi

• Chief Minister: Arvind Kejriwal
• Governor: Anil Baijal

Uttar Pradesh Government to name roads of 6 districts after former UP CM Kalyan Singh

• The Uttar Pradesh Government announced that one road will be named after former Uttar Pradesh Chief Minister Kalyan Singh in each of the state’s six districts, namely Lucknow, Ayodhya, Aligarh, Etah, Bulandshahr and Prayagraj.

Uttar Pradesh            

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

Banking & Economy

Paytm and HDFC Bank announces a strategic partnership                      

• Fintech major Paytm and HDFC Bank Limited have entered into a strategic partnership for delivering financial solutions to end consumers and merchants across India.
• Paytm and HDFC Bank will build comprehensive solutions across payment gateways, POS devices and credit products, including Paytm Postpaid (a Buy Now Pay Later (BNPL) solution), Eazy EMI and Flexi Pay.

NIPL partners with UAE’s Mashreq Bank to offer UPI in UAE to offer UPI in UAE

• National Payment Corporation of India’s (NPCI) international arm NPCI International Payments Limited (NIPL) had partnered with Mashreq Bank in the United Arab Emirates (UAE) to offer the United Payments Interface (UPI) in UAE.
• This marks UPI’s foray into the third country outside of India after Singapore and Bhutan.

PayPal launches cryptocurrency buying and selling in the UK                           

• Customers in the United Kingdom will be able to purchase, sell and keep Bitcoin and other cryptocurrencies through PayPal Holdings Inc.
• This is the first time PayPal’s cryptocurrency services have been offered outside of the United States.

PayPal

• Headquarters: San Jose, California, the United States
• Founded: 1 December 1988
• CEO: Dan Schulman

Appointments

La. Ganesan was appointed as the Governor of Manipur                  

• Senior political leader from Tamil Nadu La. Ganesan was appointed as the 17^th Governor of Manipur.
• He succeeded Najma Heptulla after she retired.

Manipur

• Capital: Imphal
• Chief Minister: Biren Singh
• Governor: La. Ganesan

Ujjivan Small Finance Bank MD & CEO Nitin Chugh steps down

• The Managing Director and Chief Executive Officer of Ujjivan Small Finance Bank Nitin Chugh had submitted his resignation.

• This resignation will come into effect from 30 September 2021.

T. M. Bhasin was reappointed as the Chairman of the Advisory Board of the Banking and Financial Frauds by CVC

• The Central Vigilance Commission (CVC) reappointed T. M. Bhasin as the Chairman of the Advisory Board for Banking and Financial Frauds (ABBFF), a panel tasked with investigating bank frauds of over Rs.50 crores.

Ranks and Indices

India emerges as the second most sought manufacturing hub globally: Cushman & Wakefield’s 2021 Global Manufacturing Risk Index

• According to Cushman & Wakefield’s 2021 Global Manufacturing Risk Index, India surpassed the United States as the second most sought manufacturing hub globally, indicating the growing interest shown by manufacturers in India as a preferred manufacturing hub over other countries, including the United States and those in the Asia-Pacific region.
• China topped the index, whereas the United States ranked third.

Sports News

Shaili Singh wins the third medal for India at the World Athletics U–20 Championships                   

• India’s Shaili Singh won the silver medal in women’s long jump at the World Athletics U–20 Championships in Nairobi, Kenya.

• Sweden’s Maja Askag won gold and Ukraine’s Mariia Horielova won bronze.

Obituary

Former Chief Minister of Uttar Pradesh Kalyan Singh passed away                              

• Former Uttar Pradesh Chief Minister and former Rajasthan Governor Kalyan Singh passed away at the age of 89 in Lucknow.

Daily CA- 22 & 23 August One liners:

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  August 22 & 23, 2021, now from the link given below.