Daily Current Affairs for MBA Exams: 25th September 2021

By Aditi Joshi|Updated : September 25th, 2021

Sports

1. Odisha to host FIH Hockey Men’s Junior World Cup 2021

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  • Odisha will host prestigious FIH Odisha Hockey Men’s Junior World Cup Bhubaneswar 2021.
  • The company successfully hosted 2018 Men’s Hockey World Cup.
  • It will be held from 24 November to 5 December 2021
  • It will feature 16 teams: India, Korea, Malaysia, Pakistan, South Africa, Egypt, Belgium, England, France, Germany, the Netherlands, Spain, USA, Canada, Chile and Argentina.
  • Odisha is also gearing up to host 2023 FIH Men’s Hockey World Cup in Bhubaneswar and Rourkela

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Sports

1. Odisha to host FIH Hockey Men’s Junior World Cup 2021

byjusexamprep

  • Odisha will host prestigious FIH Odisha Hockey Men’s Junior World Cup Bhubaneswar 2021.
  • The company successfully hosted 2018 Men’s Hockey World Cup.
  • It will be held from 24 November to 5 December 2021
  • It will feature 16 teams: India, Korea, Malaysia, Pakistan, South Africa, Egypt, Belgium, England, France, Germany, the Netherlands, Spain, USA, Canada, Chile and Argentina.
  • Odisha is also gearing up to host 2023 FIH Men’s Hockey World Cup in Bhubaneswar and Rourkela

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 Honours & Awards

2. President Ram Nath Kovind confers National Service Scheme Awards

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  • President, Ram Nath Kovind has virtually conferred National Service Scheme (NSS) Awards for 2019-20 from Rashtrapati Bhawan
  • It will be given to 42 awardees in three different categories: University/(+2) Councils; NSS Units & their Programme Officers and NSS Volunteers.
  • The award is given by Department of Youth Affairs.
  • NSS was launched in 1969 as a Central Sector Scheme, to develop personality and character of youth through voluntary community service.

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 Books & Authors

3. Chetan Bhagat releases cover of his upcoming book ‘400 Days’

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  • Chetan Bhagat will release his new novel titled as ‘400 Days’ on October 08, 2021.
  • He has released the cover of the book
  • It is the third novel in Keshav-Saurabh series, after ‘The Girl in Room 105’ and ‘One Arranged Murder’.
  • 400 Days is a tale of suspense, human relationships, love, friendship, the crazy world we live in and, above all, a mother’s determination to never give up.
  • It will be published by Westland Publication.

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 Honours & Awards

4. Bangladesh’s PM Sheikh Hasina confers SDG Progress award

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  • Prime Minister Sheikh Hasina has been conferred with SDG Progress award for steady progress of Bangladesh in achieving SDGs by the UN sponsored Sustainable Development Solutions Network (SDSN)
  • About SDSN:
    • It was set up in 2012 under auspices of UN Secretary General.
    • It led by development economist Jeffery Sachs.
    • Aim: to mobilize global scientific and technological expertise to promote practical solutions for sustainable development and specific competitiveness 

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 National Affairs

5. Govt sets up India Debt Resolution Company Ltd (IDRCL)

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  • Govt has set up an asset management company (AMC) named India Debt Resolution Company Ltd (IDRCL) with paid-up capital of Rs. 80.5 lakh on an authorized capital of Rs 50 crore
  • IDRCL will work in collaboration with National Asset Reconstruction Company Ltd (NARCL) to clean up bad loans
  • Shareholders of IDRCL: Bank of Baroda, Punjab National Bank, Bank of India, Bank of Maharashtra, SBI, UBI, Canara Bank, Indian Bank and IDBI Bank.
  • IDRCL is a service operational entity.

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 Banking & Finance

6. PFRDA to observe NPS Diwas on October 1, 2021

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  • Pension Fund Regulatory and Development Authority (PFRDA) will observe 1st October, 2021 as National Pension System Diwas (NPS Diwas)
  • PFRDA also started pension awareness campaign under ‘Azadi Ka Amrit Mahotsav’ to promote pension and retirement planning for a carefree retirement
  • PFRDA is promoting this campaign on its social media platforms with #npsdiwas
  • PFRDA is the regulatory body under jurisdiction of Ministry of Finance for supervision and regulation of pension

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 Obituaries

7. Former Arunachal Governor YS Dadwal passes away

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  • Former Governor of Arunachal Pradesh and Commissioner of Delhi Police, Yudhvir Singh Dadwal (70 years) passed away in Delhi.
  • He is a 1974-batch IPS officer and served as the 16th police commissioner of Delhi from July 2007 to November 2010.
  • After retirement, he was appointed as the Director-General of Central Paramilitary Force, Sashastra Seema Bal (SSB) in November 2010.
  • He was appointed as the Governor of Arunachal Pradesh in 2016.

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 Important Dates

8. Ministry of Commerce observes Vanijya Saptah from 20 to 26 September

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  • Ministry of Commerce and Industry is observing ‘Vanijya Saptah’ (Trade & Commerce Week) from September 20 to 26, 2021, as a part of Azadi Ka Amrut Mahotsav commemoration.
  • During Vanijya Saptah, ministry will organize a slew of programmes and events across the country to showcase India as a Rising Economic Force and Green & Swachh SEZs
  • Directorate General of Foreign Trade (DGFT) will also organize exporter conclaves and meets covering 739 districts across India

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 Agreement

9. ICRISAT signs MoU with UNWFP MoU on nutrition and food security

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  • United Nations World Food Programme (WFP) has signed MoU with International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) to improve food, nutrition security and livelihoods in India against the impacts of climate change.
  • WFP and ICRISAT will work jointly to promote research, advocacy, raising awareness on traditional nutritious crops, undertaking food and nutritional security analysis and adaptation strategies, etc.
  • UNWFP HQs: Rome, Italy

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 International Affairs

10. Somalia hosts first public film-screening in 30 years

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  • Somalia hosted its first public film-screening in 30 years that raises hopes of a cultural revival in the war-ravaged country.
  • Two short films by Somali director Ibrahim C.M. were shown at National Theatre in Mogadishu, where heavy security was in place.
  • It is a platform that provides an opportunity to Somali songwriters, storytellers, movie directors and actors to present their talent openly
  • It was built by Chinese engineers as a gift from Mao Zedong in 1967

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 Agreement

11. India, Australia hold Joint Working Group meeting on Coal and Mines

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  • India and Australia held 1st virtual Joint Working Group (JWG) meeting on Coal and Mines
  • It is a precursor to the upcoming India-Australia Energy Dialogue scheduled to be held in October
  • Meeting focused on Indian and Australian coal resources in present and future scenario.
  • They also discussed India Australia collaboration on Clean Coal Technology, Surface Coal Gasification, Coal Bed Methane, Technology deployed for fire quenching, etc

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 Honours & Awards

12. Government e-marketplace bags prestigious CIPS Award

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  • Government e-Marketplace (GeM) has bagged prestigious ‘Best Use of Digital Technology’ category at CIPS Excellence in Procurement Awards 2021 (CIPS Awards).
  • GeM was shortlisted as a finalist in two additional categories as well, i.e., 'Public Procurement Project of the Year' and 'Best Initiative to Build a Diverse Supply Base'
  • CIPS Awards: It is conducted under Chartered Institute of Procurement & Supply (CIPS), London.
  • CIPS has community across 150 countries.

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 State Affairs

13. Foundation stone of Development of Parshuram Kund, AP launched

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  • Union Minister for Tourism has laid the foundation stone for the Development of Parshuram Kund, Lohit, Arunachal Pradesh.
  • This project was approved by Ministry of Tourism with the cost of Rs 37.88 crores in January 2021.
  • Components under the scheme: Interventions near the Parking area, Tourist Information Centre, Rain Shelters, Kiosks, interventions near Mela ground, View Points, Souvenir Shops, Water Supply line, Approach Road, Food Court/ Prasadam Centre etc.

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 National Affairs

14. Piyush Goyal inaugurates Centre of Excellence in Logistics at NITIE

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  • Union Commerce Minister, Piyush Goyal has inaugurated 'Centre of Excellence in Logistics and Supply Chain Management' at National Institute of Industrial Engineering (NITIE), Mumbai.
  • It will contribute to cutting edge research, knowledge-building and capacity building in Logistics and Supply Chain Management, through applied research and development activities
  • It will act as a driving force to train and launch top quality programs to disseminate advanced knowledge 

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