DAILY GK: 01 SEP 2021

 DAILY GK: 01 SEP 2021

1.1ST LADAKH NOMADIC FESTIVAL INAUGURATED

      Lieutenant Governor(LG) Radha Krishna (RK) Mathur inaugurated a 2 day ‘ Ladakh Nomadic Festival’ in the region of Changthang at Korzok Phu, Ladakh.The event was organised by Ladakh Cultural Academy in association with the Department of Tourism.

      He admired the exquisite product – Pashmina,for which Changthang people are known around the world.

 

2.UNSC ADOPTS RESOLUTION ON AFGHANISTAN

      United Nations Security Council (UNSC), the 15-Nation body has adopted a strong resolution on Afghanistan under India’s Presidency.

      China & Russia abstained from voting on the resolution.

      The resolution demands not to use Afghan territory to threaten or attack any country or to shelter or train terrorists, or to plan or to finance terrorist acts.

      Also PM Narendra Modi has constituted a high-level group comprising External Affairs Minister (EAM) Jaishankar, National Security Advisor (NSA) Ajit Doval & Other Senior officials to monitor the ground situation in Afghanistan with a focus on India’s Immediate priorities.

 

3.PHONE PE – RECEIVED APPROVAL FROM RBI TO OPERATED AA

      PhonePe Account Aggregator Pvt Ltd, a wholly-owned subsidiary of the PhonePe Group, received in-principle approval from the Reserve Bank of India (RBI) to operate as an Account Aggregator (AA) to share financial information.

      PhonePe has also received an insurance ‘broking licence’ from the Insurance Regulatory and Development Authority of India (IRDAI).

 

4.NIGERIA’S CENTRAL BANK LAUNCH ITS OWN CRYPTOCURRENCY ‘ENAIRA’

      Nigeria’s Central Bank announced the partnership with Bitt Inc, the global fintech company, as a technical partner for the launch of its own cryptocurrency ‘eNaira’ by the end of 2021.

      The e-naira will act as a wallet and enable the customers to save their existing funds in their bank account.

      Also in March 2021, Eastern Caribbean Central Bank (ECCB) issued the ‘DCash’ which became the world’s 1st retail Central Bank Digital Currency (CBDC) to be publicly issued within a formal currency union.

 

5.ANTI MONEY LAUNDERING SOLUTION AT LIC

      IDBI Intech Limited, a technology-led business transformation organisation, has implemented its AML (Anti Money Laundering) solution at Life Insurance Corporation of India(LIC), an Indian statutory insurance and investment corporation.

      IDBI Intech Ltd offers various specialised solutions in the banking, financial services and Insurance(BFSI) sector.

 

6.4TH INDIAN COMPANY TO REACH 100 BILLION USD USD M-CAP

      Infosys became the 4th Indian company and 2nd Indian software company after Tata Consultancy Services (TCS) to cross the 100 billion USD mark in terms of market capitalization(m-cap).

      TCS, Reliance Industries and HDFC bank are other Indian companies that have crossed the 100 billion mark in terms of m-cap.

 

7.NEW BSF DIRECTOR GENERAL

      The Appointment Committee of the Cabinet(ACC) appointed Pankaj Kumar Singh as the Director General(DG) of Border Security Force(BSF).

      He will take charge after the retirement of ITBP DG S. S. Deswal, who is holding additional charge as DG of BSF.

      Also Sanjay Arora, IPS officer from Tamil Nadu cadre was appointed as the new Chief of ITBP(Indo Tibetan Border Force).

      He would succeed SS Deswal.

 

8.SARBANANDA SONOWAL LAUNCHES Y BREAK APP

      Union Minister of Ayurveda, Yoga & Naturopathy, Unani, Siddha, Homeopathy (AYUSH), Sarbananda Sonowal has launched Mobile Appplication–Y Break App from Vigyan Bhawan, New Delhi as part of week long activities & campaigns to commemorate ‘Azadi Ka Amrit Mahotsav’ from August 30th to September 5th.

      The mobile application has been developed by Morarji Desai National Institute of Yoga (MDNIY), New Delhi.

 

9.NOISIEL INTERNATIONAL CHESS OPEN, 2021

      Indian Grand Master (GM) Iniyan.P has won the 6th Noisiel International Chess Open, 2021.

      The tournament was held in Noisiel, France.

      He was born in September 2002 at Erode, Tamil Nadu.

      He is the 61st GM of India.

      Note: GrandMaster (GM) is a title awarded to chess players by the World Chess Organisation FIDE (World Chess Federation Internationale).

 

10.‘MY PAD MY RIGHT’ PROJECT LAUNCHED IN TRIPURA

      Nirmala Sitharaman, Union Minister of Finance has launched the “My Pad My Right” (MPMR) project, at Killa Village, Gomati District, Tripura on the concluding day of her 2-day visit to Tripura.

      MPMR project is an initiative of the National Bank for Agriculture and Rural Development (NABARD) and NABFOUNDATION, a wholly-owned subsidiary of NABARD to install low cost sanitary pad making machines in more than 700 districts.

 

11.INDIA’S 1ST AIR FORCE HERITAGE CENTER

      The Chandigarh Administration has signed an Agreed In Principle (AIP) with the Indian Air Force (IAF) to establish the Air Force Heritage Center in the Government Press Building, Chandigarh.

      This is India’s 1st Air Force heritage center.