Daily Current Affairs: August 31, 2021

Daily Current Affairs (August 31, 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

IIT-Madras is set to develop an online platform named ‘e-Source’ to tackle e-waste

• IIT-Madras is developing an online platform called e-Source to tackle electronic wastes (e-waste) by linking stakeholders in the formal and informal economy.
• e–Source will be an exchange platform that will serve as an online marketplace for waste electrical and electronic equipment (WEEE) and facilitate a formal supply chain between various stakeholders (buyers and sellers).

State News

Kendrapara district in Odisha becomes the first district in India to have all three crocodile species

• Odisha’s Kendrapara district became the only district in India where all three species of crocodiles — salt-water, gharial and mugger are found.

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

Haryana Government announces cash rewards of Rs. 6 crores and Rs. 4 crores for Sumit Antil and Yogesh Kathuniya

• Haryana Chief Minister Manohar Lal Khattar announced a cash reward of Rs. 6 crores and a government job for Sumit Antil, who won a gold medal and set a world record in the javelin throw at the Tokyo Paralympics 2020.
• He also declared a cash reward of Rs. 4 crores for Yogesh Kathuniya for winning the silver medal in the discus throw (F56) event at the Tokyo Paralympics 2020.

Banking & Economy

PhonePe receives an insurance broking license from IRDAI

• PhonePe received an insurance broking license from the Insurance Regulatory and Development Authority of India (IRDAI) to sell life and general insurance covers.
• With this new new broking license, PhonePe will be able to give customised product recommendations to its over 300 million users, as well as a significantly broader range of insurance products to Indian consumers.

PhonePe

• Headquarters: Bengaluru
• Founded: 1 December 2015

 Appointments

Union Government extends the tenure of Bank of India executive director P. R. Rajagopal for two years

• The Union Government extended the term of Bank of India’s executive director P. R. Rajagopal by two years. His current term was to expire on 28 February 2022.

Bank of India

• Headquarters: Mumbai
• Tagline: Relationships Beyond Banking

Dentsu India’s CEO Anand Bhadkamkar steps down

• The Chief Executive Officer (CEO) of Dentsu India, Anand Bhadkamkar, had resigned from the company.
• He joined Dentsu India in 2008.

HSBC India appoints Rajnish Kumar as its independent director

• Hongkong and Shanghai Banking Corporation (HSBC) India appointed the former Chairman of State Bank of India, Rajnish Kumar, as its independent non-executive director.

Agreements and MoUs signed

Max Life Insurance partners with BillDesk to enable safe premium payments

• Max Life Insurance Company Limited, in partnership with BillDesk, has enabled a safe and secure e-mandate process on premium payments for its customers.
• Max Life Insurance Company became the first life insurer to extend the facility of e-mandate for recurring premium payment options to its customers.

Sports News

India’s Sumit Antil wins gold medal in the javelin throw at the Tokyo Paralympics 2020

• Indian para javelin thrower Sumit Antil clinched India’s second gold medal in the Tokyo Paralympics 2020 by winning the men’s javelin throw F64  event.

Indian boxers win six gold medals at the Asian Youth Championships 2021

• Indian boxers dominated the Asian Youth Championships 2021, clinching six gold medals along with nine silver and five bronze medals in the event.
• Bishwamitra Chongtham (51 kg) and Vishal(80 kg) clinched gold medals in the men’s category at the 2021 Asian Youth & Junior Boxing Championships held in Dubai. Preeti Dahiya (60 kg), Sneha Kumari (66 kg), Khushi (75 kg) and Neha (54 kg) in the women’s category are the other gold medallists.
• Indian para shooter Singhraj Adhana wins a bronze medal in men’s 10 m air pistol at the Tokyo Paralympics 2020
• Singhraj Adhana won a bronze medal in the P1 men’s 10 m air pistol (SH1) event at the Tokyo Paralympics 2020.

Indian cricketer Stuart Binny announces retirement from first-class and international cricket

• Indian cricketer Stuart Binny announced his retirement from all forms of cricket.
• The Indian all-rounder had batted brilliantly during the first Test of India’s 2014 tour of England at the Trent Bridge in Nottingham.

Defence News

Indian Navy takes part part in the Maritime Partnership Exercise with the Algerian Navy

• Indian navy ship INS Tabar took part in the maiden Maritime Partnership Exercise with the Algerian Navy to share a close cooperation on the issue of defence and security, space, counter-terrorism, education and others.

Obituary

Chennai-based surgeon Selvarangan passed away at 90

• Surgeon and founding father of Selvarangam Hospital, A. B. Selvarangan passed away in Chennai as a result of age-related illness at the age of 90.

Veteran coach and former Mumbai cricketer Vasu Paranjape passed away at 82

• Former Mumbai cricketer and coach Vasudeo Paranjape passed away at the age of 82.
• He was the captain of a very strong Dadar Union side that boasted of names like Sunil Gavaskar, Dilip Vengsarkar,  along with club legends like Vithal ‘Marshal’ Patil.

Daily CA- August 31 one liners

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  August 31, 2021, now from the link given below.