Daily Current Affairs for MBA Exams: 22nd September 2023

By Anjali Chowdhury|Updated : September 22nd, 2023

 Sports

1. Antim Panghal won bronze medal in wrestling at World Championships 2023

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  •  Indian wrestler Antim Panghal secured a bronze medal in the women's 53 kg category at the wrestling World Championships 2023 iin Serbia.
  • She also secured the Paris Olympics 2024 quota for India. 
  • This is India's first medal in this edition of the tournament. 
  • Antim has captured India's 23rd medal in the World Championships to date, which includes one gold, five silver, and 17 bronze medals.
  • Japan's Akari Fujinami won the gold in World Championships 2023

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 Schemes

2. Assam govt to launch scheme to give Rs 2 lakh each to two lakh youth

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  • Assam Chief Minister Himanta Biswa Sarma has unveiled a transformative scheme called 'Mukhya Mantri Atmanirbhar Asom aimed at bolstering the self-reliance of the state's youth. 
  • Objective: To foster self-sufficiency and entrepreneurship among the youth of Assam. 
  • Under this initiative, a generous financial aid of Rs. 2 lakh will be provided to each eligible young person, empowering them to pursue self-employment opportunities and chart their own path to success.

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 Banking & Finance

3. BCCI announces SBI Life as Official Partner for BCCI Domestic Season

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  • The Board of Control for Cricket in India (BCCI) announced SBI Life as one of the official partners for the BCCI Domestic and International Season 2023-2026.
  • SBI Life has signed a 3-year deal with the BCCI and their partnership will begin with the upcoming three-match ODI series against Australia, starting September 22.
  • This collaboration reflects our commitment to promoting and supporting the sport of cricket at all levels.

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 Banking & Finance

4. RBI proposes lenders identify 'wilful defaulters' within six months

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  • The Reserve Bank of India (RBI) aanounced lenders would have to examine all aspects relating to wilful default on accounts with outstanding dues of Rs 25 lakh or more.
  • Identify wilful defaulters within six months of a loan becoming a non-performing asset (NPA).
  • It has allowed non-banking finance companies and cooperative banks to identify them.
  • A large defaulter is one whose amount in default is Rs 1 crore and above.

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 National & International Organizations

5. ISO and UNDP announce partnership to enhance sustainability action

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  • The International Organization for Standardization (ISO) and the United Nations Development Programme (UNDP) have signed a landmark Statement of Intent, in addressing global development challenges.
  • Aim: To collaborate on initiatives geared towards enhancing international standards that advance sustainability actions by both the public and private sectors
  • Objective: To provide a common basis for documentation and certification, making it easier for organizations.

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 Banking & Finance

6. TCS and BankAxept AS partner to enhance Norway’s payment system

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  • Tata Consultancy Services (TCS) has entered into a partnership with BankID BankAxept AS, the provider of Norway’s national payment and electronic identity systems. 
  • Aim:  To establish and manage an operations command center.
  • BankAxept, the dominant national payment system in Norway, facilitates 80 per cent of card payments in the country. 
  • BankID serves as Norway’s primary eID verification solution, relied upon by over 90 per cent of the population.

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 Banking & Finance

7. UP gov launches instant birth certificate for newborns at health facilities

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  • Newborns at government health facilities of Uttar Pradesh will now be issued birth registration certificates immediately after delivery without the parents having to apply for same
  • Gov has integrated its Maa Navjaat Tracking app (MaNTrA) with the birth registration system as part of its efforts to provide 'ease of living' to the citizens using digital technology
  • UP has become the first state to implement suo motu birth registration for government health institutions

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 Banking & Finance

8. ADB lowers FY24 GDP forecast to 6.3%, India Ratings raises it to 6.2%

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  • The Asian Development Bank (ADB)  revised India's growth forecast for FY24 to 6.3 per cent, a change of 10 basis points, attributing it to erratic monsoon patterns that are likely to affect agricultural output.
  • India Ratings and Research has increased its FY24 growth estimate for India to 6.2 per cent, up by 30 basis points.
  • Citing factors such as sustained government capital expenditure (capex), deleveraged corporate and banking balance sheets.

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 Schemes

9. Union Minister Kailash Choudhary launches PM KISAN AI-Chatbot

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  • Union Minister of State for Agriculture and Farmers Welfare Kailash Choudhary launches PM KISAN AI-Chatbot (Kisan e-Mitra) in New Delhi.
  • Aim: Tol help in accessing scheme information and resolving grievances. 
  • This is the first AI Chatbot integrated with a major flagship scheme of the Union government. 
  • The AI Chatbot acts as a comprehensive guide for the beneficiaries, providing them with timely and accurate responses to their queries related to the scheme.

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 State Affairs

10. Rajasthan tops the list in solar water pump installations

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  • Rajasthan tops the list in solar water pump installations in 2023.
  • More than 62,000 farmers have directly benefited from the scheme introduced by the Ashok Gehlot government four-and-a-half years ago.
  • According to the gov, farmers in Rajasthan are encouraged to install solar pumps for irrigation, instead of relying on electricity connections and diesel-powered plants.
  • The state government is encouraging farmers by offering 60 percent subsidy for installing solar pumps

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 Important Dates

11. International Week of the Deaf (IWDeaf) from 18th to 24th September 2023

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  • The Department of Empowerment of Persons with Disabilities (DEPwD) is celebrating International Week of the Deaf (IWDeaf) from 18th to 24th September 2023. 
  • Aim: To be aware of the Declaration of the Rights of the Deaf Child, Building Capacity across the globe
  • Theme 2023: A World where Deaf People Everywhere Can Sign Anywhere.
  • Motto: “Nothing without us”
  • Agenda: To achieve sign language rights for all and focus on building inclusive deaf communities.

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 Important Dates

12. Welfare of Cancer Patients Day is celebrated on September 22

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  • The Welfare of Cancer Patients Day, also known as World Rose Day, is observed annually on September 22. 
  • The day is dedicated to individuals who are suffering from cancer across the globe. 
  • Aim: To support the brave hearts who are going through mental and physical struggles every moment against the deadly disease. 
  • The day commemorates the 12-year-old Canadian cancer patient Melinda Rose, who suffered from cancer and died in 1996.

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 Important Dates

13. World Rhino Day 2023 is celebrated on September 22

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  • World Rhino Day is celebrated on September 22.
  • Aim: To provide the opportunity for cause-related organizations, NGOs, zoos, and members of the public to celebrate rhinos in their own unique ways.
  • The activities vary from one participant to the next.
  • Donors and partners are able to contribute to the organizations and initiatives of their choosing.
  • Peaceful demonstrations, classroom projects, fundraising dinners, auctions and poster displays are just a few examples.

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