Roadmap for Banking of the Future
Current Affairs 05 September 2021
Daily Current Affairs 05 September 2021: This post contains the latest current affairs for 05 September 2021 that are important for all competitive exams like Bank, SSC, IBPS, SBI exams. You can also attempt our Current Affairs Quiz after reading our daily current affairs.
Banking & Economy
Nirmala Sitharaman chairs 24th meeting of Financial Stability and Development Council
- Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired the 24th meeting of the Financial Stability and Development Council (FSDC).
- Financial Stability and Development Council (FSDC) is the apex level forum set up by the Government of India for strengthening and institutionalizing the mechanism for maintaining financial stability, enhancing inter-regulatory coordination and promoting financial sector development.
- Finance Minister is the chairperson of FSDC. It must be noted that FSDC Sub-Committee is chaired by the Governor, RBI.
National
India becomes first Asian nation to launch ‘Plastics Pact’
- India has become the first country in Asia to launch a Plastics Pact, a new platform to promote a circular system for plastics.
- The India Plastic Pact platform was launched on September 03, 2021 by the British High Commissioner to India, Alexander Ellis, at the 16th Sustainability Summit hosted by Confederation of Indian Industry (CII).
- The new platform ‘India Plastic Pact’ is a joint effort of World-Wide Fund for Nature-India (WWF India) and the Confederation of Indian Industry (CII), and envisions to create a world where plastic is valued and does not pollute the environment.
- The Pact targets the businesses to transition towards a circular economy for plastics by 2030.
- The initiative is supported by UK Research & Innovation (UKRI) and WRAP, a global NGO based in the UK, and endorsed by the British High Commission in India.
Government launches AYUSH AAPKE DWAR campaign to distribute medicinal saplings
- As a part of Azadi Ka Amrit Mahotsav celebration, the Ministry of AYUSH has launched a campaign titled ‘AYUSH AAPKE DWAR’, which aims to distribute medicinal plant saplings to 75 lakh households in one year.
- The campaign was inaugurated by Union Minister of AYUSH Sarbananda Sonowal from Mumbai on September 03, 2021, during which he distributed medicinal plant saplings to citizens.
- Subsequently, the campaign was launched from more than 45 locations across the country.
- The medicinal plants being distributed include Tejpatta, Stevia, Ashoka, Giloy, Ashwagandha, Lemongrass, Tulsi, Sarpagandha and Amla.
- Under this campaign, it is proposed to undertake the cultivation of medicinal plants across 75,000 hectares in one year.
Arunachal Pradesh launches two schemes to boost agriculture & horticulture produce
- In Arunachal Pradesh, the state government has launched two ambitious schemes related to agriculture and horticulture sector.
- The scheme for agriculture sector is called ‘AtmaNirbhar Krishi Yojna’. The state government has allocated Rs 60 crore to the scheme.
- The scheme for horticulture sector is named ‘AtmaNirbhar Bagwani Yojna’. A similar amount of Rs 60 crore has been allocated to this scheme as well.
- Both the schemes are based on front-ended subsidies. The credit link for the same will be provided to beneficiaries by SBI, Arunachal Pradesh Rural Bank and Arunachal Pradesh Cooperative Apex Bank.
- To avail the benefits of the schemes, beneficiaries will get the subsidy assistance in the following proportion: 45% (govt subsidy): 45% (bank loan): 10% (to be borne by the farmer).
Agreement
India and US inks Project Agreement for Air-Launched Unmanned Aerial Vehicle
- The Ministry of Defence, Government of India and US Department of Defence have signed a Project Agreement (PA) for Air-Launched Unmanned Aerial Vehicle (ALUAV), under the Joint Working Group Air Systems in the Defence Technology and Trade Initiative (DTTI). The PA was signed on July 30, 2021.
- The PA for ALUAV is part of the Research, Development, Testing and Evaluation (RDT&E) Memorandum of Agreement, which was first signed between Ministry of Defence and US Department of Defence, in January 2006 and renewed in January 2015.
- The RDT&E aims at deepening defence technology collaboration between the two nations through co-development of defence equipment.
- Under the collaboration, the two countries will work towards design, development, demonstration, testing and evaluation of systems to co-develop an ALUAV Prototype.
- The DTTI aims to bring sustained leadership focus to promote collaborative technology exchange and create opportunities for co-production and co-development of future technologies for Indian and US military forces.
Defence Exercise
28th Singapore-India Maritime Bilateral Exercise ‘SIMBEX-2021’ Concludes
- The 28th edition of Singapore-India Maritime Bilateral Exercise (SIMBEX) took place from September 02 to 04, 2021.
- The SIMBEX-2021 annual bilateral maritime exercise was hosted by the Republic of Singapore Navy (RSN) in the southern fringes of the South China Sea.
- The Indian Navy was represented by Guided Missile Destroyer INS Ranvijay with a ship borne helicopter, ASW Corvette INS Kiltan and Guided Missile Corvette INS Kora and one P8I Long Range Maritime Patrol Aircraft.
- The exercise aimed to strengthen the bilateral defence ties between both countries.
Indian Army to take part in military exercise ‘ZAPAD 2021’ in Russia
- The Indian Army will participate in a multi-nation military exercise named ‘ZAPAD 2021’ at Nizhny in Russia.
- The exercise will be held between September 03, 2021 and September 16, 2021.
- More than a dozen countries from Eurasia and South Asia will also participate in the exercise.
Sports
Manish Narwal wins Gold and Singhraj Adhana clicnhes Silver in 50m Mixed Pistol (SH1) at Tokyo Paralympics
- Indian para-shooter Manish Narwal has clinched gold medal in the P4 – Mixed 50m Pistol SH1 final at Tokyo Paralympics 2020 on September 04, 2021.
- The 19-year-old Manish scored 218.2 points to win gold.
- In the same event, India’s Singhraj Adhana clinched the silver medal 216.7 points. This is the second medal for Adhana in the ongoing Games. Earlier he won bronze medal in the P1 Men’s 10m Air Pistol SH1 event.
- The Russia’s Sergey Malyshev won the bronze medal.
Shuttler Pramod Bhagat wins India’s 4th GOLD, Manoj Sarkar claims bronze at Tokyo Paralympics 2020
- Indian shuttler Pramod Bhagat created history as he won a Gold medal in the men’s singles badminton SL3 final match at the ongoing Tokyo Paralympics on September 04, 2021. He defeated Daniel Bethell of Great Britain, 2-0.
- Badminton has been introduced for the first time in Paralympics this year.
- The 33-year-old Pramod Bhagat, from Bhubaneswar, has now become the first athlete from India to win gold in Badminton in the Paralympics or Olympics.
- Meanwhile, Indian player Manoj Sarkar has won the bronze in the same event.
Cyrus Poncha elected as Vice-President of Asian Squash Federation
- Squash Rackets Federation of India (SRFI) Secretary-General, Cyrus Poncha has been unanimously elected as Vice-President of the Asian Squash Federation (ASF) on September 04, 2021, during the 41st annual general meeting of ASF.
- The Dronacharya Awardee has been elected for a period of four-year term.
- David Mui of Hong Kong was elected unopposed as the President of ASF for a second term..
- Apart from Cyrus Poncha, Mr. Fayez Abdullah S.Al-Mutairi of Kuwait and Tae-sook Hee of Korea have been also elected as the Vice-Presidents of ASF.
Days
International Day of Charity : 05 September
- The International Day of Charity is observed annually on September 05. It was declared by the United Nations General Assembly in 2012.
- September 5 was chosen in order to commemorate the death anniversary of Mother Teresa, who had always been engaged in charitable work.
- The prime purpose of the International Day of Charity is to raise awareness and provide a common platform for charity related activities all over the world for individuals, charitable, philanthropic and volunteer organizations for their own purposes on the local, national, regional and international level.
National Teachers’ Day : 05 September
- In India, the Teachers’ Day is celebrated every year on September 05 since 1962.
- The day marks the birth anniversary of Dr Sarvepalli Radhakrishnan, an Indian philosopher, academic, and statesman, who defined the role of the teacher as someone who acts not only as an educator but also as a moral mentor and inculcates values among students.
- He was the second President of India (1962 to 1967) and the first Vice President of India (1952–1962).
- The Ministry of Education presents the National Teachers Awards on this occasion every year.
- In 2021, the President of India, Shri Ram Nath Kovind will confer National Awards on 44 teachers from across the country.
