Daily Current Affairs: August 25, 2021

Daily Current Affairs (August 25, 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 Government launches major initiatives of National Education Policy (NEP) 2020                    

• Union Education Minister Dharmendra Pradhan and Union Social Justice and Empowerment Minister Virender Kumar launched various initiatives of National Education Policy (NEP) 2020 to make education more inclusive and prepare students for the 21^st century.
• A booklet on one-year achievements of the National Education Policy Implementation, National Initiative for Proficiency in Reading with Understanding and Numeracy Bharat Foundational Literacy and Numeracy (FLN) tools and Alternate Academic Calendar 2021–22 of National Council of Educational Research and Training (NCERT) were also launched.

Indian National Security Advisor virtually hosts the 11^th Meeting of the BRICS High Representatives Responsible for National Security

• Indian National Security Advisor Ajit Doval virtually hosted the 11th Meeting of the BRICS High Representatives Responsible for National Security for the exchange of views on political and security issues among BRICS countries.
• India holds the Chairmanship of BRICS this year (2021), which coincides with the 15^th anniversary of the BRICS grouping.

NCL becomes the first public sector unit to vaccinate its entire workforce against COVID-19

• Northern Coalfields Limited (NCL), a subsidiary of Coal India, became the first public sector unit (PSU) in India to vaccinate all of its employees and their family members against COVID-19.

Northern Coalfields Limited

• Headquarters: Singrauli, Madhya Pradesh

State News

Surat Municipal Corporation launches ‘Knock the Door’ campaign

• Surat Municipal Corporation launched the ‘Knock the Door’ campaign to spread awareness about COVID-19 vaccination and to emphasise the importance of the second dose of vaccination amid a low turnout of second dose beneficiaries in Surat.

Gujarat                    

• Capital: Gandhinagar
• Chief Minister: Vijay Rupani
• Governor: Acharya Devvrat
• National Parks: Blackbuck National Park, Vansda National Park, Gir National Park, Marine National Park(Gulf of Kachchh)

Uttar Pradesh Government receives Rs. 5100 crore loan from PNB

• The Uttar Pradesh Expressway Industrial Development Authority (UPEIDA) received the sanction letter for a securitisation-based loan of Rs. 5100 crores from Punjab National Bank (PNB) for the implementation of the Ganga Expressway Project, which will connect Meerut in west UP to Prayagraj in the eastern part of Uttar Pradesh.

Uttar Pradesh          

• Capital: Lucknow
• Chief Minister: Yogi Adityanath
• Governor: Anandiben Patel
• National Park: Dudhwa National Park
• Zoological Parks: Gorakhpur Zoological Park, Kanpur Zoological Park, Nawab Wajid Ali Shah Zoological Garden

International News

Pakistan gets a $2.75 billion support fund from the International Monetary Fund (IMF) under SDR allocation

• The International Monetary Fund (IMF) sanctioned $2.75 billion for Pakistan as part of its new special drawing rights (SDR) allocation to help economically weak countries tackle the COVID-19 outbreak.

Pakistan

• Capital: Islamabad
• Currency: Rupee
• Prime Minister: Imran Khan

International Monetary Fund (IMF)

• Headquarters: Washington DC, USA
• Managing Director: Kristalina Georgieva
• Chief Economist: Gita Gopinath

Indian envoy launches an in-person consular service centre in Washington DC

• India’s Ambassador to the US Taranjit Singh Sandhu launched an in-person consular service in Washington DC to benefit the Indian diaspora in the US.

India’s evacuation mission from Afghanistan is named ‘Operation Devi Shakti’

• ‘Operation Devi Shakti’ is the name given to India’s complex mission to evacuate its citizens and Afghan partners from Kabul following the change in leadership in Afghanistan.
• So far, India has evacuated over 800 people amid a deteriorating security situation in Kabul and scramble by various nations to rescue their citizens.

Banking & Economy

SBI General Insurance collaborates with Punjab Government to service Ayushman Bharat Sarbat Sehat Bima Yojana in Punjab

• SBI General Insurance, in collaboration with the State Government of Punjab, is set to service the Ayushman Bharat Sarbat Sehat Bima Yojana (AB-SSBY) and play a critical role in expanding the health insurance coverage in Punjab, especially to the less privileged sections.
• SBI General Insurance will give Suraksha (protection) Aur Bharosa (trust) Dono to the people of Punjab under this scheme, which would provide cashless health insurance coverage of Rs. 5 lakhs per annum to more than 40 lakh eligible families in Punjab.

Punjab                     

• Capital: Chandigarh
• Chief Minister: Capt. Amarinder Singh
• Governor: Vijayender Pal Singh Badnore 

Appointments

RBI approves the re-appointment of Sandeep Bakshi as the MD and CEO of ICICI Bank

• Sandeep Bakhshi was re-appointed as the Managing Director and CEO of ICICI Bank by the Reserve Bank of India (RBI) with effect from 15 October 2021 to 3 October 2023.

Pawandeep Rajan becomes the brand ambassador of Uttarakhand

• Indian Idol season 12 winner Pawandeep Rajan was appointed as the brand ambassador of Uttarakhand for art, tourism and culture.

Ranks and Indices

Copenhagen was named as the world’s safest city by the Economist Intelligence Unit

• Copenhagen was named as the safest city in the world which surpassed previous frontrunners Tokyo, Singapore and Osaka, according to a new survey by the Economist Intelligence Unit (EIU).

Economic Intelligence Unit (EIU)

• Headquarters: London, United Kingdom
• Founded: 1946

Agreements and MoUs signed

Assam Government inks an MoU with 38 microfinance institutions and banks for the Assam Micro Finance Incentive and Relief Scheme 2021

• The Assam Government signed a Memorandum of Understanding (MoU) with 38 microfinance institutions and banks for the implementation of the Assam Micro Finance Incentive and Relief Scheme (AMFIRS) 2021 aimed at providing financial relief from the government to the microfinance borrowers in Assam to help them continue maintaining good credit discipline in COVID-19 times.
• This MoU will remain in force till 31 March 2023.

NITI Aayog and World Resources Institute virtually launch forum to decarbonise India’s transport sector

As part of the Nationally Determined Contributions -Transport Initiative for Asia (NDC-TIA), NITI Aayog and the World Resources Institute (WRI) virtually launched the ‘Forum for Decarbonising Transport’ in India to focus on developing a coherent strategy of effective policies and the formation of a multi-stakeholder platform for decarbonising transport in India.

Books & Authors

Ravi Shastri releases a new book titled ‘STARGAZING: The Players in My Life‘

Indian cricket legend and successful test cricket coach Ravi Shastri’s book titled ‘STARGAZING: The Players in My Life’ was released. The book was published by Harpercollins India.

Obituary

Academician Gail Omvedt passed away at 81

• Renowned American-born Indian scholar and writer on the Ambedkarism and Dalit movement Gail Omvedt passed away at the age of 81.
• She authored books on Dalit politics, women’s struggles and the anti-caste movement.

Rolling Stones drummer Charlie Watts passed away at the age of 80

• Charlie Watts, the Rolling Stones drummer who propelled the band’s sound for nearly 60 years, passed away at the age of 80.

Former Indian footballer O. Chandrasekharan passed away

• Former Indian footballer O. Chandrasekharan passed away in Kochi at the age of 86.

Daily CA 25 August One-liner:

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  August 25, 2021, now from the link given below.