Daily Current Affairs: September 26 & 27, 2021

Daily Current Affairs (September 26 & 27, 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 – September 26 & 27, 2021, now @ our Bankersdaily Tests.

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Check: Previous – Daily Current Affairs – Banking Exam

Important Days

World Environmental Health Day – 26 September

• World Environmental Health Day is observed every year on 26 September.
• Theme for 2021: ‘Prioritising environmental health for healthier communities in the global recovery.’

World Contraception Day – 26 September

• World Contraception Day is observed on 26 September to recognise the importance of family planning in the lives of people all over the world.
• This day was established in 2007 by ten international family planning organisations.

World Rivers Day – 26 September

• World Rivers Day is observed on the fourth Sunday of September every year. This year (2021), this day falls on 26 September.This day is observed to raise awareness regarding water bodies and to promote their conservation.
• Theme for 2021: ‘Waterways in our communities’.

International Day for the Total Elimination of Nuclear Weapons – 26 September

• International Day for the Total Elimination of Nuclear Weapons is observed on 26 September to raise public awareness and to seek deeper engagement on nuclear disarmament matters.
• This day provides an opportunity to educate the public — and their leaders —about the real benefits of eliminating such weapons and the social and economic costs of perpetuating them.

World Tourism Day – 27 September

• World Tourism Day is observed on 27 September for the promotion of responsible, sustainable and universally accessible tourism.
• World Tourism Day highlights tourism’s unique ability to ensure that nobody is left behind as the world begins to open up again and look to the future.
• Theme for 2021: ‘Tourism for inclusive growth’.

National News

Union Minister of Tourism, Culture and DoNER inaugurates the State Soil Testing Laboratory in Nagaland’s Kohima

• Union Minister of Tourism, Culture and Development of North Eastern Region Kishan Reddy inaugurated the State Soil Testing Laboratory in Kohima, Nagaland.
• This soil testing laboratory will boost the rural sector and agriculture by enabling the systematic collection of soil samples and analysis. This soil testing facility will also benefit farmers in Nagaland,research scholars, students, policymakers, land use departments and Agri and allied activities.

Prime Minister Narendra Modi virtually launches the Ayushman Bharat Digital Mission

• Prime Minister Narendra Modi virtually launched the Ayushman Bharat Digital Mission to provide citizens with a digital health ID, which will contain their health records.
• The pilot project of the Ayushman Bharat Digital Mission was announced by the Prime Minister from the Red Fort on 15 August 2020.
• This roll-out OF THE Ayushman Bharat Digital Mission coincides with the celebration of the third anniversary of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) by National Health Authority.

International News

India emerges as the second-largest trade partner of the Dubai Government

• As per the official statement from Dubai Government, India has emerged as the second-largest buying and selling trade partner of Dubai after China with the overall volume touching 38.5 billion dirham in the first half of 2021.

Banking & Economy

RBI issues new rules for the securitisation of standard assets and loan transfers

• The Reserve Bank of India (RBI) issued master circulars on ‘transfer of loan exposure’ and ‘securitisation of standard assets’to bring transparency in the process and to improve liquidity in the system, besides corporate governance.

Reserve Bank of India (Securitisation of Standard Assets) Directions, 2021

RBI specified the Minimum Retention Requirement (MRR) for different asset classes.

The MRR is primarily designed to ensure that the originating banks have a. continuing stake in the performance of securitised assets so as to ensure that they. carry out proper due diligence of loans to be securitised.

• For underlying loans with 24 months maturity, the MRR willbe 5% of the book value of the loans being securitised.
• For underlying loanswith more than 24 months maturity, the MRRwill be 10% of the book value of the loans being securitised.
• For residential mortgage-backed securities, the MRR willbe 5% of the book value of the loans being securitised, irrespective of the original maturity.
• The minimum ticket size for issuance of securitisation Notes is Rs. 1 crore.

Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021

• RBI has allowed the transferring of loan exposures classified as frauds which are stressed loans to Asset Reconstruction Companies (ARCs).
• Minimum Holding Period
• Loan tenor of up to 2 years –3 months
• Loan tenor of more than 2 years – 6 months

Appointments

Magnus Carlsen was named as theglobalbrand ambassador of Mastercard

• Mastercard named World Chess Champion Magnus Carlsen as their global brand ambassador.
• As part of Mastercard’s commitment to bringing new and exciting priceless experiences to chess enthusiast cardholders, Mastercard is joining Meltwater Champions Chess Tour as an official partner.

Mastercard

• Headquarters:New York
• MD & CEO: Michael Miebach

Agreements and MoUs signed

India and Bhutan sign an MoU for the joint development of a small satellite

• India signed a Memorandum of Understanding (MoU) for the implementation arrangement on the joint development of a small satellite for Bhutan.
• This signing of the MoU was attended by the ambassador of two countries Ruchira Kamboj and Major General Vetsop Namgyel.

Bhutan

• Capital:Thimphu
• Currency: Ngultrum

HPCL partners with ICICI Bank for fuel payments through FASTags

• Hindustan Petroleum Corporation Limited (HPCL) has partnered with ICICI Bank to allow users to pay for fuel and lubricants at HPCL retail stores using their ICICI Bank FASTag.
• The users of the ICICI Bank FASTag will benefit from a fully digitised and contactless experience, as well as the convenience of having a single tag for fuel, tolls and parking payments.

Hindustan Petroleum Corporation Limited

• Headquarters:Mumbai
• MD & CEO: Mukesh Kumar Surana

Sports News

Lewis Hamilton wins the Russian F1 Grand Prix

• Mercedes’ Lewis Hamilton wonthe Russian F 1 Grand Prix against Red Bull’s Max Verstappen held at Sochi Autodrom, Russia.
• He became the first Formula One driver to win 100 F1 Grand Prix.

Virat Kohli becomes the firstIndian to reach 10,000runs in T20 cricket

• Virat Kohli became the first Indian batsman to reach 10,000 runs after West Indies’ Chris Gayle to reach the landmark in both T20 and one-day international cricket.

Union Law Minister Kiren Rijiju inaugurates Sports Arbitration Centre of India in Gandhinagar

• Union Law Minister Kiren Rijiju inaugurated India’s first ‘Sports Arbitration Centre of India’in Gujarat’s Gandhinagar, which will serve as an independent body to fasttrack disputes in the sports sector.
• It is promoted by Ahmedabad-based SE TransStadia Private Limited.

Daily CA- 26 & 27 September One liners

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  September 26 & 27, 2021, now from the link given below.