Daily Current Affairs for MBA Exams: 13th September 2021

By Aditi Joshi|Updated : September 13th, 2021

 National & International Appointments

1. CAG GC Murmu elected as Chairman of ASOSAI

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  • CAG G C Murmu has been elected as the Chairman of Asian Organisation of Supreme Audit Institutions (ASOSAI)  for the period from 2024 to 2027.
  • India will host 16th Assembly of ASOSAI in 2024.
  • India will focus on the areas of environmental audit and leveraging emerging technologies for audit.
  • ASOSAI is one of the Regional Groups of International Organization of Supreme Audit Institutions (INTOSAI).
  • ASOSAI was established in 1979.

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 National & International Appointments

1. CAG GC Murmu elected as Chairman of ASOSAI

byjusexamprep

  • CAG G C Murmu has been elected as the Chairman of Asian Organisation of Supreme Audit Institutions (ASOSAI)  for the period from 2024 to 2027.
  • India will host 16th Assembly of ASOSAI in 2024.
  • India will focus on the areas of environmental audit and leveraging emerging technologies for audit.
  • ASOSAI is one of the Regional Groups of International Organization of Supreme Audit Institutions (INTOSAI).
  • ASOSAI was established in 1979.

Read Full News >>

 National & International Appointments

2. Sardar Iqbal Singh Lalpura takes charge as Chairman of NCM

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  • Sardar Iqbal Singh Lalpura (IPS officer of Punjab cadre) has taken charge as the Chairman of National Commission for Minorities (NCM).
  • He replaced Ghayorul Hasan.
  • Prior to this, he was serving as the national spokesperson of Bharatiya Janata Party from Punjab.
  • NCM was set up under National Commission for Minorities Act, 1992.
  • NCM shall consist of Chairperson, Vice Chairperson and Five Members to be nominated by the Central Government

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 Summits & Conferences

3. Prime Minister Narendra Modi chairs 13th BRICS Summit

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  • Prime Minister, Narendra Modi has virtually chaired 13th BRICS Summit.
  • Theme: BRICS@15: Intra-BRICS Cooperation for Continuity, Consolidation and Consensus
  • Apart from this, India has highlighted 4 priority areas:
    • reform of multilateral system
    • counter-terrorism cooperation
    • using digital and technological tools to achieve SDG
    • enhancing P-to-P exchanges
  • BRICS: Brazil, Russia, India, China and South Africa.
  • Summit concluded with adoption of ‘New Delhi Declaration’.

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 National Affairs

4. India’s first emergency landing strip on highway inaugurated in Rajasthan

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  • Union Defence Minister Rajnath Singh and MoRTH Nitin Gadkari has inaugurated an emergency landing strip at Gandhav Bhakasar section on National Highway-925 in Barmer, Rajasthan for Indian Air Force (IAF) planes
  • With this, NH-925 has become India’s first national highway to be used for emergency landing of IAF aircraft.
  • Its landing strip has been developed by National Highway Authority of India (NHAI) over 3 km stretch at a total cost of Rs 43 crore.

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 Agreement

5. AIM launches Space challenge in collaboration with ISRO & CBSE

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  • Atal Innovation Mission (AIM), NITI Aayog in collaboration with ISRO and CBSE successfully launched the ATL Space Challenge 2021.
  • Challenge has been designed for all the school students, mentors and teachers across India, associated with schools having ATL labs but for all the non ATL schools as well.
  • Students can create a solution on topics: Explore Space, Reach Space, Inhabit Space and Leverage Space
  • The application can be submitted on the AIM online portal.

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 Banking & Finance

6. NPCI launches RuPay credit card stack for bank-sponsored credit card

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  • National Payments Corporation of India (NPCI) in partnership with Fiserv Inc. will launch plug-and-play RuPay credit card stack, ‘nFiNi’
  • nFiNi: ready stack of services required for fintechs and banks to issue RuPay credit cards and will enable fintech to co-create bank-sponsored credit cards
  • It is a BaaS (banking-as-a-service) programme
  • It will power RuPay cards including National Common Mobility Card by offering access to needed services through NPCI network.

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 Banking & Finance

7. ICICI Lombard ceases to be subsidiary of ICICI Bank

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  • ICICI Lombard General Insurance has ceased to operate as the subsidiary of ICICI Bank, as the shareholding of the ICICI Bank in the company has come down from 51.86% to 48.08%, after the merger of Bharti AXA with ICICI Lombard.
  • For being a subsidiary, parent company must own at least 50% of the equity in the subsidiary company.
  • CEO of ICICI Bank: Sandeep Bakhshi.

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 National & International Appointments

8. President appoints new Governors of TN, Uttarakhand, Punjab & Nagaland

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  • President of India, Ram Nath Kovind has appointed new governors of Tamil Nadu, Punjab, Uttarakhand, and Nagaland.
  • New appointed governors are as follows:
    • Governor of Uttarakhand: Lt. Gen. Gurmit Singh (retired deputy chief of Army).
    • Governor of Tamil Nadu: R. N. Ravi (former Nagaland governor).
    • Governor of Punjab: Banwarilal Purohit (former Governor of Tamil Nadu).
    • Governor of Nagaland: Prof. Jagdish Mukhi (incumbent Governor of Assam).

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 Schemes

9. Centre revises TMA scheme for Specified Agriculture Products

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  • Centre has revised ‘Transport and Marketing Assistance’ (TMA) scheme for Specified Agriculture Products.
  • TMA scheme for Specified Agriculture Products was launched in Feb 2019 to provide assistance for international component of freight and to mitigate disadvantage of higher freight costs of agriculture products by Indians
  • Dairy products will also be eligible for assistance
  • Rates of assistance have been increased by 50% for exports by sea and by 100% for exports by air

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 National Affairs

10. Union Food Minister inaugurates food processing projects at UP, Andhra, TN

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  • Union Minister for Food Processing Industries, Pashupati Kumar Paras has inaugurated 7 food processing projects at Uttar Pradesh, Andhra Pradesh and Tamil Nadu
  • Total cost of these 7 projects: Rs.164.46 crores and a grant in aid of Rs. 27.99 crores has been approved by the Ministry.
  • Along with this, 3,100 people will get direct and indirect employment, and 16,500 farmers and entrepreneurs will be benefited from these projects.

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 Summits & Conferences

11. POSHAN Abhiyaan– Sahi Poshan Desh Roshan webinar organised

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  • Regional Outreach Bureau (ROB) and Press Information Bureau (PIB), Chandigarh and Ministry of Information & Broadcasting has organised webinar on POSHAN Abhiyaan– Sahi Poshan Desh Roshan.
  • POSHAN (Prime Minister’s Overarching Scheme for Holistic Nutrition) Abhiyaan is Government’s flagship programme to improve nutritional outcomes for children, adolescent Girls, pregnant women and lactating mothers.

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 Honours & Awards

12. MSME Tool Room, Hyderabad bags Patent for Fireworks making Machine

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  • MSME Tool Room Central Institute of Tool Design (CITD), Hyderabad has obtained patent for the invention entitled Automatic Machine for Production of Conical Shaped Fireworks (Anaar) for 20 years
  • CITD signed an MOU with Standard Fireworks Pvt Ltd (SFPL) for automation processes
  • As a first project, CITD has taken up for Module-1 for flower pot chemical filling-packing
  • It  consists of 10 different stations like paper cutting, pasting, chemical filling, etc.
    Read Full News >>


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