Daily Current Affairs: September 5 & 6, 2021

Daily Current Affairs (September 5 & 6, 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 5 & 6, 2021, now @ our Bankersdaily Tests.

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Important Days

Teachers’ Day (India) – 5 September                   

• India celebrates Teachers’ Day on 5 September every year to mark the birth anniversary of Dr. Sarvepalli Radhakrisnan.
• He was the first Vice-President and second President of independent India (from 1962–67).

International Day of Charity – 5 September                        

• International Day of Charity is observed annually on 5 September with the objective of sensitising and mobilising people, Non-Governmental Organisations (NGOs) and stakeholders all around the world to help others through volunteer and philanthropic activities.

National News

Union Finance Minister Nirmala Sitharaman chairs the 24^th meeting of the Financial Stability and Development Council in New Delhi                     

• Union Finance Minister Nirmala Sitharaman chaired the 24^th meeting of the Financial Stability and Development Council (FSDC) at Vigyan Bhawan, New Delhi, to discuss the state of the financial sector and a strategy to aid the pandemic-affected economy’s recovery.

Coal India Limited launches new software for the assessment of coal resources

• Coal India Limited (CIL), under the Union Ministry of Coal, as launched a new software named ‘Spectral Enhancement SPE’ to identify thin coal seams under the earth crust and improve assessment of coal resources using seismic survey during the coal exploration process.

President of India Ram Nath Kovind confers National Teachers’ Awards to 44 teachers across India                   

• Indian President Ram Nath Kovind presented National Teachers’ Awards to 44 teachers across India for their contribution towards the development of innovative teaching methods.

Indian President Ram Nath Kovind presents the President’s Colour to the Indian Naval Aviation                      

• Indian President Ram Nath Kovind presented the Indian Naval Aviation (INA) with the President’s Colour at INS Hansa in Goa for the recognition of the yeoman service rendered both during peace and combat.

Banking & Economy

Cashfree is set to launch its Banking-as-a-Service (BaaS) offering ‘Accounts’

• Cashfree has launched its Banking-as-a-Service (BaaS) offering ‘Accounts’ to help neobanks and fintech platforms integrate banking services into their product.
• ‘Accounts’ by Cashfree will enable 100% paperless bank account creation instantly.

ADB approves a $150 million loan for the urban poor housing project in Tamil Nadu

• The Asian Development Bank (ADB) granted a $150 million loan to assist the urban poor in Tamil Nadu, India, to provide access to inclusive, resilient and sustainable housing.

Asian Development Bank (ADB)

• Founded: 19 December 1966
• Headquarters: Mandaluyong, Philippines
• President: Masatsugu Asakawa

Appointments

Former SBI Chief Rajnish Kumar was appointed as the Economic Affairs Advisor to the Andhra Pradesh Government                       

• The former Chairman of the State Bank of India (SBI) Rajnish Kumar was appointed as an economic affairs advisor to the Andhra Pradesh Government in the rank of Cabinet Minister for a period of two years.

State Bank of India (SBI)

• Headquarters: Mumbai, Maharashtra
• Chairman: Dinesh Kumar Khara
• Tagline: “The Banker to Every Indian”

Pankaj Kumar was appointed as the Director (Offshore) of Oil and Natural Gas Corporation Limited (ONGC)                         

• Oil and Natural Gas Corporation (ONGC) has appointed Pankaj Kumar as its Director (Offshore).
• He will be responsible for the entire gamut of offshore oil & gas fields of ONGC.

Oil and Natural Gas Corporation Limited (ONGC)

• Headquarters: New Delhi
• Founded: 14 August 1956

Defence News

28^th edition of the SIMBEX exercise was conducted from 2 September to 4 September

• The 28^th edition of the Singapore-India Maritime Bilateral Exercise (SIMBEX) was conducted from 2 to 4 September 2021 to strengthen the bilateral partnership held on the southern fringes of the South China sea.
• The Indian Navy was represented by Guided Missile Destroyer INS Ranvijay.

Indian and Australian Navy hold ‘AUSINDEX’ maritime warfare exercises

• Australia’s Northern Territory hosts the biennial maritime warfare exercises ‘AUSINDEX’ between the Royal Australian Navy and the Indian Navy.
• AUSINDEX 21 gives both navies a chance to improve their cooperative defence capabilities in support of a stable and secure Indo-Pacific.

Sports News

Indian shuttlers Pramod Bhagat and Manoj Sarkar win gold medal and bronze medal in the men’s singles (SL3) category at the Tokyo Paralympics 2020                         

• Pramod Bhagat claimed a historic gold medal in the men’s singles (SL3) class, while Manoj Sarkar bagged the bronze medal at the Tokyo Paralympics 2020.
• Pramod Bhagat beat Great Britain’s Daniel Bethell in the summit clash, while Manoj Sarkar defeated Japan’s Daisuke Fujihara in the third-place play-off.

Suhas Yathiraj clinches a silver medal in the men’s singles (SL4) class at the Tokyo Paralympics 2020                         

• India’s Suhas Yathiraj ended his campaign with a historic silver medal in the men’s singles (SL4) class final at the Tokyo Paralympics 2020.
• He is an IAS officer of the 2007 batch of Uttar Pradesh cadre. He is serving as the District Magistrate of Gautam Buddha Nagar.

Indian shooter Avani Lekhara was the flag-bearer of the Indian contingent the closing ceremony of the Tokyo Paralympics 2020

• Indian shooter Avani Lekhara led India’s contingent at the closing ceremony of the Tokyo Paralympics 2020 as the flag-bearer.
• A total of 54 para-athletes from India across nine sports disciplines participated in the event.

Max Verstappen wins F1 Dutch Grand Prix 2021

• Red Bull Racing’s Max Verstappen won the F1 Dutch Grand Prix 2021 against Mercedes drivers Lewis Hamilton and Valtteri Bottas.

Jasprit Bumrah is nominated for the ICC Men’s Player of the Month (August 2021)

• Indian pacer Jasprit Bumrah is nominated for the ICC Men’s Player of the Month (August 2021).
• The Other nominees in the men’s category included England Test skipper Joe Root and Pakistan pacer Shaheen Afridi.
• The nominees among the women were Thailand’s Nattaya Boochatham and the Ireland duo of Gaby Lewis and Eimear Richardson.

The 130^th edition of the Durand Cup began in Kolkata

• The 130^th edition of the Durand Cup started at the Vivekananda Yubabharati Krirangan in Kolkata.
• Mohammedan Sporting Club started their campaign in the tournament with an emphatic win against the Indian Air Force Football team.
• The black panthers were leading at halftime and finally won the match in a Group A clash.

Books & Authors

Vir Sanghvi released a new book titled ‘A Rude Life: The Memoir’

• Vir Sanghvi authored a new book titled ‘A Rude Life: The Memoir’, which was released by Penguin Random House.

Obituary

Former Union Health Secretary Keshav Desiraju passed away                 

• Former Union Health Secretary in the Department of Consumer Affairs and the grandson of former Indian President Dr. Sarvepalli Radhakrishnan, Keshav Desiraju passed away at the age of 66.

Daily CA- September 5 & 6 One liners

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  September 5 & 6, 2021, now from the link given below.