Daily Current Affairs for MBA Exams: 18th September 2021

By Aditi Joshi|Updated : September 18th, 2021

 Important Dates

1. World Patient Safety Day

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  • World Patient Safety Day (WPSD) is observed every year on 17th September to create a global awareness for patient safety and urge people to show their commitment to make healthcare safer.
  • It was first observed in 2019 by World Health Organization (WHO).
  • The day was adopted at 72nd World Health Assembly on 25 May 2019.
  • Theme for 2021 World Patient Safety Day: ‘Safe maternal and newborn care’.

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 Important Dates

1. World Patient Safety Day

byjusexamprep

  • World Patient Safety Day (WPSD) is observed every year on 17th September to create a global awareness for patient safety and urge people to show their commitment to make healthcare safer.
  • It was first observed in 2019 by World Health Organization (WHO).
  • The day was adopted at 72nd World Health Assembly on 25 May 2019.
  • Theme for 2021 World Patient Safety Day: ‘Safe maternal and newborn care’.

Read Full News >>

 National Affairs

2. PFC issues India’s first-ever Euro Green Bond

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  • Power Finance Corporation (PFC) has successfully issued its maiden Euro 300 million 7-year Euro Bond issuance.
  • It is the first ever Euro denominated green-bond issuance from India.
  • It is also the first ever Euro issuance by an Indian NBFC and the first Euro bond issuance from India since 2017
  • PFC is an Indian financial institution under Ministry of Power.
  • Chairman & MD of PFC: Ravinder Singh Dhillon

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 Honours & Awards

3. QCI launches S.K. Joshi Laboratory Excellence Award

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  • Quality Council of India (QCI) has launched Prof. S.K. Joshi Laboratory Excellence Award
  • It is country’s first-of-its- kind Laboratory Excellence Award.
  • Award has been instituted to promote Laboratory Quality and performance improvement in India.
  • This award will be open to all currently operational Lab pertaining to Testing, Calibration & Medical.
  • S. K. Joshi made a significant contribution by serving as President-INSA, DG-CSIR, Director-NPL and Chairman-NABL.

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 Honours & Awards

4. PM Modi features in Time Magazine’s 100 Most Influential People 2021 List

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  • PM Narendra Modi has been named in 2021 Time Magazine’s 100 most influential people list, for the fifth time since coming in power in 2014
  • List has 6 categories: Icons, Pioneers, Artists, Leaders, Titans, and Innovators
  • It also includes Mamata Banerjee and Adar Poonawalla.
  • Globally, Joe Biden, Kamala Harris, Donald Trump, Xi Jinping, Duke and Duchess of Sussex Prince Harry and Meghan, and co-founder of Taliban Mullah Abdul Ghani Baradar were also in the list

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 Defense

5. Ministry of Defence constitutes High Level Expert Committee for NCC

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  • Ministry of Defence has constituted 15 member High Level Expert Committee for a comprehensive review of National Cadet Corps (NCC).
  • Chairperson of the committee: Former MP Baijayant Panda
  • It will also include Cricketer MS Dhoni and Mahindra Group Chairman Anand Mahindra as members
  • It will suggest measures to empower NCC cadets to contribute more effectively towards nation building
  • It propose ways for gainful engagement of NCC Alumni for betterment of the organization

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 National & International Appointments

6. Incumbent PM Stefan Yanev to lead Bulgaria to elections

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  • President Rumen Radev has reappointed incumbent caretaker premier Stefan Yanev to lead interim administration until new government is formed.
  • Bulgaria will hold its third parliamentary elections on November 14, 2021, after inconclusive polls in April and July failed to produce a government
  • This new interim government will have to submit a national plan to Brussels on how it plans to use more than 6 billion euros from EU's covid recovery fund
  • Capital of Bulgaria: Sofia

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 International Affairs

7. Australia partners with UK and US to get nuclear-powered submarine

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  • Australia, UK and US have announced new trilateral security partnership to develop nuclear-powered submarines for Australia.
  • New alliance is named as AUKUS (Australia, UK, US)
  • Aim: to further strengthen the existing and strong security cooperation between the three members of the grouping and deepen ties in Indo-Pacific region
  • Australia will join elite group of 6 countries (India, US, UK, France, Russia and China) that currently operate nuclear-powered submarines

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 State Affairs

8. J&K Lt Governor launches Mission ‘One Gram Panchayat-One DIGI-Pay Sakhi’

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  • Jammu and Kashmir, Lieutenant Governor Manoj Sinha has launched new mission titled as ‘One Gram Panchayat-One DIGI-Pay Sakhi’
  • Aim: to promote door-to-door digital banking and financial services in remote areas of the Union Territory.
  • Initially, it will be provided in 2,000 remote villages of the UT.
  • First phase will cover 80 women from SHG of Jammu and Kashmir division to promote financial inclusion within UT’s SHG ecosystem.

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 National Affairs

9. Cabinet approves 100% FDI under automatic route in Telecom Sector

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  • Union Cabinet has increased Foreign Direct Investment (FDI) in the Telecom sector under the automatic route from 49% to 100%
  • Govt has approved 9 structural and 5 process reform in Telecom sector. They are:
    • Definition of Adjusted Gross Revenue (AGR) has been changed and now all non-telecom revenue will be removed from AGR
    • Monthly compounding of interest on spectrum usage charges is replaced by annual compounding, with less interest rate based on the formula MCLR + 2%

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 National Affairs

10. NSO releases All India Debt & Investment Survey

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  • National Statistical Office (NSO) has released All India Debt & Investment Survey
  • Number of indebted households: It has risen sharply in rural India with average debt shooting up by 84% between 2012 and 2018, and COVID-19 has likely further doubled all households’ borrowings by 2021.
  • Rural households’ average debt grew from ₹32,522 in 2012 to ₹59,748 by June 2018, while urban households’ average debt increased by 42% in the same period to little more than ₹1.20 lakh.

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 Summits & Conferences

11. 15th East Asia Summit Energy Ministers meeting

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  • Fifteenth East Asia Summit Energy Ministers Meeting has been conducted virtually with Krishan Pal Gurjar (Minister of State for Power) with other senior officials from the Indian side.
  • Theme of the meeting: We Care, We Prepare, We Prosper
  • Aim: coordinating efforts of ASEAN countries in pursuing the goal of energy security and energy transition that will benefit the people of our region.
  • Minister provided brief status of Indian energy transition plans, policies, etc

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 Science & Technology

12. CBIC declares Kushinagar Airport as Customs notified airport.

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  • Central Board of Indirect Taxes and Customs (CBIC) has declared Kushinagar Airport of Uttar Pradesh as a Customs notified airport.
  • It will facilitate international passenger movements including that of Buddhist pilgrims.
  • Kushinagar is located in Uttar Pradesh and is an important Buddhist pilgrimage site, where Buddhists believe Gautama Buddha attained Mahaparinirvana after his death.

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 Agreement

13. AIM, along with Dassault Systèmes’ all set to give boost to innovation

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  • Atal Innovation Mission (AIM) NITI Aayog has signed Statement of Intent (SoI) with Dassault Systèmes’ all set to give another boost to innovation and entrepreneurship ecosystem across the country.
  • Under this SoI, Dassault Systèmes will support and promote AIM beneficiaries including Atal Tinkering Labs, AIM incubators, Atal Community Innovation Centres, grantees under Atal New India Challenge, Atal Research & Innovation for Small Enterprise (ARISE)

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