Daily GK Update: 31st August 2021

By Stuti Mishra|Updated : August 31st, 2021

 Sports

1. Avani Lekhara became first Indian woman to win gold medal at Paralympics

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  • Indian Paralympics shooter, Avani Lekhara (19 years) has won the first gold medal for India at the Tokyo Paralympics 2020 in the women’s 10m air rifle standing SH1 event
  • She is now the first Indian woman to win a gold medal in shooting at an Olympic and Paralympic Games.
  • She scored 249.6 in the final to claim the medal, and with this, she has also equaled the world record and surpassed the Paralympic record
  • She defeated Cuiping Zhangh of China.

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 National & International Appointments

2. Rajnish Kumar appointed as independent director of HSBC Asia

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  • Former State Bank of India (SBI) Chairman, Rajnish Kumar has been appointed as an independent director of Hongkong and Shanghai Banking Corporation (HSBC) Asia entity with effect from August 30, 2021.
  • He has also been appointed as the member of Audit Committee and Risk Committee of HSBC Asia
  • Rajnish Kumar retired as SBI Chairman in October 2020 after a 40-year career at SBI
  • He is currently serving as Director of India’s Lighthouse Communities Foundation.

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 Sports

3. Yogesh Kathuniya wins silver in discus throw at Tokyo Paralympics 2020

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  • India’s discus thrower, Yogesh Kathuniya (24 years) has clinched silver medal at 2020 Tokyo Paralympics in the men’s Discus Throw F56 final event.
  • He claimed the second spot with a throw of 44.38m.
  • Batista dos Santos from Brazil has won gold and was setting a Paralympics record with a throw of 45.59m.
  • Diaz Aldana from Cuba bagged bronze.
  • He won a bronze medal in the 2019 World Para Athletics Games in Dubai with a best throw of 42.51m.

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 National Affairs

4. PFRDA increases the entry age in National Pension System to 70 years

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  • Pension Fund Regulatory and Development Authority (PFRDA) has increased the entry age for National Pension System (NPS) from 65 years to 70 years
  • Prior to this, eligible age to invest in NPS was 18-65 years which has now been revised to 18-70 years.
  • As per the revised norms, any Indian Citizen, resident or non-resident and Overseas Citizen of India (OCI) between 65 to 70 years can join NPS and continue or defer their NPS Account till 75 years.

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 Sports

5. Stuart Binny announces retirement from all forms of cricket

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  • Indian all-rounder Stuart Binny has announced his retirement from all forms of cricket on 30th August 2021.
  • He had represented the Team India in six Tests, 14 ODIs and three T20Is, scoring a total of 459 runs and 24 wickets.
  • He played for the Rajasthan Royals in the Indian Premier League.
  • He holds the record of the best bowling figures in ODI format
  • He played 95 First-class games in his 17-year career scoring 4796 runs and picking 148 wickets.

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 Banking & Finance

6. PhonePe receives direct broking licence from IRDAI

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  • PhonePe has received insurance broking license from Insurance Regulatory and Development Authority of India (IRDAI).
  • With the new ‘direct broking’ license, PhonePe can now distribute insurance products from all insurance companies in India on its platform.
  • It will allow PhonePe to start offering personalised product recommendations to its 300-plus million users.
  • PhonePe entered the insure-tech sector in January 2020 but with a limited insurance corporate agent licence.

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 Banking & Finance

7. IDBI Bank to divest its entire 19.18% stake in ARCIL

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  • IDBI Bank has announced that board of IDBI Bank has approved to divest its entire stake of 19.18% in Asset Reconstruction Company (India) Limited (ARCIL).
  • Board has approved proposal for sale of IDBI Bank's entire holding of 6,23,23,800 fully paid-up equity shares of ARCIL
  • ARCIL: Oldest ARC entities operating in India and was founded in 2002.
  • Headquarters: Mumbai, Maharashtra.
  • ARCIL is owned by SBI, IDBI Bank, ICICI Bank, PNB, and other foreign investors.

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 National Affairs

8. Govt sets up panel to develop technological platform for revenue litigation

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  • Central Govt has set up a committee to develop a technological platform streamlining the appeal filing process related to direct and indirect taxation matters.
  • Committee is headed by Ashish Shiradhonkar, head of e-courts project in National Informatics Centre (NIC)
  • Committee will complete its work in 3 months and will have members from revenue dept, CBDT and CBIT
  • NIC is collaborating to integrate Legal Information Management and Briefing System with e-office mechanism 

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 Obituaries

9. Noted Bengali Writer Buddhadeb Guha passes away

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  • Eminent Bengali writer Buddhadeb Guha (85 years) passed away after a massive cardiac arrest at a private hospital in Kolkata
  • He was the author of notable works such as Madhukari (Honey Gatherer), Koeler Kachhe (Near the Koel bird) and Sobinoy Nibedon (Humble Offering).
  • He also won several awards like Ananda Purashkar in 1976, Shiroman Purashkar and Sharat Puraskar.
  • He is the creator of two popular fictional characters in Bengali literature Ribhu and Rijuda

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 Arts & Culture

10. LG RK Mathur inaugurates 2-Day Ladakh Nomadic Festival at Korzok Phu

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  • Ladakh Lieutenant Governor, RK Mathur has inaugurated 2-Day Ladakh Nomadic Festival at Korzok Phu, Changthang region of eastern Ladakh.
  • The festival is organized by Ladakh Cultural Academy in collaboration with Ladakh Tourism Dept to bring the distinctive culture of Changthang region on the tourism map of Ladakh.
  • On the first day tourists had the opportunity to witness a nomad’s lifestyle in their own environment.

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 State Affairs

11. Madhya Pradesh implements NEP 2020, after Karnataka

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  • Madhya Pradesh has officially launched NEP 2020 in the State, becoming the second state to do so, aligning with the aim of central govt to transform and provide world-class education facilities to students.
  • Prior to this, Karnataka officially implemented new National Education Policy 2020.
  • NEP in Madhya Pradesh will impart knowledge, skills, and values of citizenship.
  • MP Govt is planning to implement NEP 2020 within 4 years in all the regions of the state.

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 Agreement

12. India & Maldives inks pact on mega Greater Male Connectivity Project

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  • Govt of India and Maldives has inked contract for the mega Greater Male Connectivity project (GMCP), which is the largest-ever civilian infrastructure project in Maldives.
  • India is funding the implementation of GMCP through $ 400 million Line of Credit (LoC) and $ 100 million grant.
  • LoC will be provided by Export-Import Bank of India (Exim Bank).
  • Project will be developed by Indian construction and engineering firm, AFCONS, Mumbai
  • GMCP comprise of 6.74 km long bridge 

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 Defense

13. NSG commandos undertake mock counter-terrorist drills ‘Gandiv’

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  • National Security Guard (NSG) has conducted week-long counter-terrorism exercise titled ‘Gandiv’ from 22 to 28 August, 2021
  • It is the 3rd edition of the annual drill, that was held at multiple cities in UP, Madhya Pradesh, Gujarat and NCR by NSG to check its response time and reaction to hostage and hijack-like situations
  • Aim: Enhancing the counter-terror skills of the state administration, police, anti-terrorist squads and also create awareness among the public.

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Daily GK Update: 31st August 2021

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