2nd September 2021 Current Affairs

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Daily Important GK Update of 2nd September 2021 overlaying the next information headlines: World Coconut Day, BIMSTEC, Ramon Magsaysay Award 2021, Exercise ZAPAD 2021, Morgan Stanley, Central Board of Direct Taxes, ‘Y-Break’ app.

National News

1. Ayush Minister Sarbananada Sonowal launches ‘Y-Break’ app

  • The Union AYUSH Minister, Sarbananda Sonowal has launched ‘Y Break’ Yoga protocol cellular software in New Delhi. The app has been developed by Morarji Desai National Institute of Yoga (MDNIY).
  • The app was launched as part of the week-long actions and campaigns organised by the Ministry of Ayush to commemorate Azadi ka Amrit Mahotsav from August 30 to September 5, 2021.
  • The Y-Break (or the “Yoga Break) cellular software is a novel five-minute Yoga protocol app, designed particularly for working professionals to de-stress, refresh and re-focus at their office to extend their productiveness, and consists of Asanas, Pranayam and Dhyana.
  • While on one hand the app will facilitate doing yoga and meditation with ease wherever in simply 5 minutes, it’s going to additionally deliver consciousness about totally different Yoga practices.

International News

2. Sri Lanka declares meals emergency as foreign exchange disaster

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_60.1

  • Sri Lanka has declared a state of emergency because the meals disaster worsened after personal banks ran out of international change to finance imports. With the nation struggling a hard-hitting financial disaster, President Gotabaya Rajapaksa mentioned he ordered emergency rules to counter the hoarding of sugar, rice and different important meals.
  • The Sri Lankan rupee has fallen by 7.5% towards the US greenback this 12 months. Rajapaksa has named a prime military officer as “Commissioner General of Essential Services to coordinate the supply of paddy, rice, sugar and other consumer goods”.
  • The transfer adopted sharp value rises for sugar, rice, onions and potatoes, whereas lengthy queues have fashioned outdoors shops due to shortages of milk powder, kerosene oil and cooking gasoline.

Important notes for all competitive exams:

  • Sri Lanka Capitals: Sri Jayawardenepura Kotte; Currency: Sri Lankan rupee.
  • Sri Lanka Prime Minister: Mahinda Rajapaksa; Sri Lanka President: Gotabaya Rajapaksa.

State News

3. Assam decides to take away Rajiv Gandhi’s identify from Orang nationwide park

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_70.1

  • The Assam cupboard has determined to take away the identify of former Prime Minister Rajiv Gandhi from the Orang National Park. Since the identify Orang is related to the emotions of the Adivasi and tea-tribe neighborhood, the cupboard has determined to rename the Rajiv Gandhi Orang National Park as Orang National Park.
  • Located on the North Bank of Brahmaputra, Orang National Park unfold over 78.80 sq km is the oldest forest reserve within the state. It was named a wildlife sanctuary in 1985 and declared a nationwide park in 1999.

Important notes for all competitive exams:

  • Assam Governor: Jagdish Mukhi;
  • Assam Chief Minister: Himanta Biswa Sarma.

Appointments News

4. IRS officer JB Mohapatra appointed as CBDT chairman

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_80.1

  • IRS officer JB Mohapatra was appointed because the chairman of the Central Board of Direct Taxes. His appointment was accredited immediately by the Appointments Committee of the Cabinet (ACC). He has already served because the appearing chairman of the CBDT.
  • A 1985-batch IRS officer, Mohapatra was given the extra cost as CBDT chairman after the tenure of incumbent PC Mody ended this 12 months in May.
  • Earlier, Mohapatra had served because the principal chief commissioner of Income Tax for the Andhra Pradesh and Telangana area.

Important notes for all competitive exams:

  • Central Board of Direct Taxes Established: 1924;
  • Central Board of Direct Taxes Headquarters: New Delhi.

Economy News

5. GST collections in August at over Rs 1.12 lakh crore

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_90.1

  • GST income remained above Rs 1 trillion marks for the second straight month in August at over Rs 1.12 trillion, 30 per cent larger than the gathering within the year-ago interval.
  • The mop-up in August is, nevertheless, decrease than Rs 1.16 trillion collected in July 2021. Which Central GST is Rs 20,522 crore, State GST is Rs 26,605 crore, Integrated GST is Rs 56,247 crore (together with Rs 26,884 crore collected on import of products) and Cess is Rs 8,646 crore (together with Rs 646 crore collected on import of products).

List of GST Collection earlier months

  • July 2021: Rs 1,16,393 crore
  • June 2021: Rs 92,849 crore
  • May 2021: Rs 1,02,709 crore
  • April 2021: ₹1.41 lakh crore(All time Highest)
  • March 2021: Rs. 1.24lacs cr.
  • Feb 2021: Rs 1,13,143 crore
  • January 2021: ₹ 1,19,847 crore

6. Morgan Stanley retains India GDP progress estimate at 10.5% for FY22

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_100.1

  • America based mostly Investment Bank, Morgan Stanley has maintained the GDP progress forecast of India at 10.5 per cent for the monetary 12 months 2021-22 (FY2022).
  • GDP progress is anticipated to maneuver into optimistic territory on a two-year CAGR foundation from QE September.
  • GDP grew 20.1 per cent year-on-year within the quarter ending June. On a two-year CAGR foundation, actual GDP contracted 4.7 per cent in QE June versus plus 2.3 per cent in QE March.

7. India’s financial progress soars to twenty.1% in first-quarter on a low base

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_110.1

  • India’s financial system grew by 20.1% through the April-June quarter of this monetary 12 months, as towards a 24.4% contraction seen throughout the identical interval final 12 months.
  • The large progress seen within the first quarter has made India the fastest-growing main financial system throughout the globe.
  • In the earlier quarter, India’s financial system had grown by 1.6%. For the complete monetary 12 months 2020-21, India’s GDP contracted by 7.3%.

Agreements News

8. Axis Bank ties up with BharatPe for PoS enterprise

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_120.1

  • Axis Bank has partnered with BharatPe for the purpose of sale (PoS) enterprise of BharatPe named BharatSwipe.
  • Under the partnership, Axis Bank would be the buying financial institution for BharatSwipe and can present acceptance of credit score and debit playing cards for retailers related to BharatPe. The partnership will assist BharatPe to broaden its service provider buying enterprise in India.
  • BharatPe’s PoS machine BharatSwipe has an put in base of 100,000 throughout 16 cities, processing round Rs 1,400 crore monthly.
  • BharatPe clocked an annualised transaction worth of $2 billion on PoS terminals on the finish of FY21. The firm has set a goal of $6 billion in transaction processed worth (TPV) by FY22.

Important notes for all competitive exams:

  • Axis Bank CEO: Amitabh Chaudhry;
  • Axis Bank Headquarters: Mumbai;
  • Axis Bank Founded: 3 December 1993, Ahmedabad.

Defence News

9. Indian Army contingent to take part in Exercise ZAPAD 2021

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_130.1

  • Indian Army will take part in Exercise ZAPAD 2021, a Multi Nation train being held at Nizhniy in Russia from 3-16 September. ZAPAD 2021 is without doubt one of the theatre stage workouts of the Russian Armed Forces and can focus totally on operations towards terrorists.
  • Over a dozen international locations from the Eurasian and South Asian Regions will take part on this signature occasion.
  • The train goals to boost army and strategic ties amongst the taking part nations whereas they plan and execute this train.
  • The Indian contingent has been put by way of a strenuous coaching schedule that encompasses all sides of standard operations together with mechanised, airborne and heliborne, counter-terrorism, fight conditioning and firing.

Awards News

10. Ramon Magsaysay Award 2021 names introduced

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_140.1

  • Ramon Magsaysay Award 2021 awardees have been introduced, the winners shall be formally awarded the Magsaysay Award through the November 28 occasion on the Ramon Magsaysay Centre in Manila.

List of awardees of Ramon Magsaysay Awards 2021:

  • Muhammad Amjad Saqib: A visionary who based one of many largest microfinance establishments in Pakistan, servicing tens of millions of households.
  • Firdausi Qadri: A Bangladeshi scientist who has been instrumental in discovering vaccines which have saved tens of millions of lives.
  • Steven Muncy: A humanitarian who has been serving to the displaced refugees of Southeast Asia rebuild their lives.
  • WatchDoc: A manufacturing home that ingeniously combines documentary filmmaking and different platforms to spotlight underreported points in Indonesia.
  • Roberto Ballon: A fisherman from Southern Philippines who has led a neighborhood in restoring their wealthy aquatic assets and their major supply of livelihood.

Summits and Conferences News

11. India Hosts eighth Meeting of Agricultural Experts of BIMSTEC Countries

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_150.1

  • India hosted the eighth Meeting of Agriculture Experts of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Countries by way of video conferencing.
  • The assembly was chaired by Dr Trilochan Mohapatra, Secretary, Department of Agricultural Research & Education & Director General of ICAR. BIMSTEC comprise of seven Member States together with 5 from South Asia (Bangladesh, Bhutan, India, Nepal, Sri Lanka), and two from Southeast Asia, together with Myanmar and Thailand.
  • During this meet, Chairman highlighted the UN Food System Summit 2021 and transformational features which can be taking place throughout agriculture and meals methods globally.
  • The BIMSTEC Member States additionally appreciated the better engagement of India in providing six slots of scholarships for Master and PhD programmes in agriculture and different initiatives for capability growth & coaching.

Science and Technology News

12. IIT Ropar develop’s world’s first ‘Plant based’ good air-purifier

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_160.1

  • Indian Institutes of Technology (IIT), Ropar and Kanpur and Faculty of Management Studies of Delhi University have collectively launched a living-plant based mostly air air purifier named “Ubreathe Life”.
  • This air air purifier will enhance the air purification course of in indoor areas, similar to hospitals, faculties, places of work and Homes. It is the world’s first, state-of-the-art ‘Smart Bio-Filter’ that may make respiration contemporary.
  • It has been developed by the IIT Ropar incubated startup, Urban Air Laboratory. The particular crops examined for air-purification embrace Peace Lily, Snake Plant, Spider plant and so on. and all have given good ends in purifying indoor-air, the corporate has claimed.

Important Days

13. World Coconut Day: 02 September

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_170.1

  • World Coconut Day is noticed on September 02 yearly since 2009. It is noticed for selling this tropical fruit and bringing consciousness concerning its well being advantages.
  • The theme of World Coconut Day 2021 is ‘Building a Safe Inclusive Resilient and Sustainable Coconut Community Amid COVID-19 Pandemic & Beyond’.
  • The WCD additionally commemorates the formation of the Asian Pacific Coconut Community (APCC), which goals to advertise, coordinate and harmonize all actions of the coconut business.

Obituaries News

14. Bigg Boss 13 winner Sidharth Shukla passes away

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_180.1

  • Bigg Boss 13 winner actor Sidharth Shukla has handed away. He has been part of movies like Humpty Sharma Ke Dulhania.
  • The actor’s final display screen outing was Ekta Kapoor’s fashionable present ‘Broken But Beautiful 3’ during which he performed the function of Agastya. He is understood for his roles in day by day soaps similar to “Balika Vadhu” and “Dil Se Dil Tak”. He can be fashionable for his tints in actuality reveals similar to “Jhalak Dikhhla Jaa 6”, “Fear Factor: Khatron Ke Khiladi” and “Bigg Boss 13”.

15. Veteran Hurriyat chief Syed Ali Geelani passes away

2nd September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_190.1

  • Veteran Kashmiri separatist chief and former chief of the All Parties Hurriyat Conference (APHC), Syed Ali Shah Geelani handed away.
  • He was 91 years outdated. Syed Ali Gilani was born on September 29, 1929, to Syed Peer Shah Gilani of Zoori Munz village in Tehsil Bandipora. Gilani acquired his early schooling at Sopore and completed his research on the Oriental College, Lahore Pakistan.
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