4th September 2021 Current Affairs

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Daily Important GK Update of 4th September 2021 overlaying the next information headlines: International Monetary Fund, Bharat Ratna Rajiv Gandhi Science Innovation City, HDFC Life, World University Rankings 2022.

National News

1. IMF will increase India’s quota of Special Drawing Rights (SDR)

  • The International Monetary Fund (IMF) has made an allocation of Special Drawing Rights (SDR) 12.57 billion to India. (approx USD 17.86 billion). With this, the whole SDR holding of India has gone upto SDR 13.66 billion (equal to round USD 19.41 billion).
  • SDR is among the parts of the Foreign Exchange Reserves (FER) of India. Hence the Foreign Exchange Reserves (FER) has additionally elevated now. IMF has allotted a complete of SDR 456 billion to all its member international locations out of which India has obtained SDR 12.57.

Important notes for all competitive exams:

  • IMF Headquarters: Washington, D.C. U.S;
  • IMF Managing Director and Chairman: Kristalina Georgieva;
  • IMF Chief Economist: Gita Gopinath.

State News

2. Maharashtra to arrange science metropolis named after Rajiv Gandhi in Pune

4th September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_70.1

  • The Maharashtra Government has determined to arrange a world-class science metropolis at Pimpri-Chinchwad close to Pune to develop a scientific outlook among the many college students and put together them to grow to be college students in future.
  • To be named as ‘Bharat Ratna Rajiv Gandhi Science Innovation City’, a science Centre will probably be developed on the one-acre space in an eight-acre advanced within the PCMC space. The Centre has granted help of Rs 191 crore to construct the Science metropolis within the PCMC space.

Important notes for all competitive exams:

  • Maharashtra Governor: Bhagat Singh Koshyari;
  • Maharashtra Capital: Mumbai;
  • Maharashtra CM: Uddhav Thackeray.

Appointments News

3. Vartika Shukla turns into first girl CMD of Engineers India Ltd

4th September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_80.1

  • Vartika Shukla took cost because the first girl Chairperson and Managing Director of public sector enterprise Engineers India Ltd. She spearheaded the corporate’s revolutionary power programmes, together with biofuels, coal gasification, waste to gasoline and hydrogen power, amongst others.
  • A graduate in Chemical Engineering from the Indian Institute of Technology, Kanpur, Shukla joined EIL in 1988 and has intensive consulting expertise comprising design, engineering, and implementation of complexes in refining, fuel processing, petrochemicals and fertilisers.

Important notes for all competitive exams:

  • Engineers India Ltd Founded: 1965.

Business News

4. HDFC Life to accumulate Exide Life Insurance for ₹6,687 crore

4th September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_90.1

  • HDFC Life has introduced to accumulate a 100 per cent stake in Exide Life Insurance Company in a inventory and money deal, for Rs 6,887 crore. Subsequently, Exide Life will probably be merged with HDFC Life, topic to regulatory approvals.
  • Exide Life is a wholly-owned subsidiary of battery maker Exide Industries. This acquisition will mark one of many first and the most important acquisitions within the life insurance coverage area.
  • From the whole deal worth of Rs 6,887 crore, HDFC Life pays Rs 725 crore in money, whereas the stability quantity will probably be in type of shares.
  • HDFC Life will difficulty 87.02 million fairness shares of the face worth of Rs 10 at a worth of Rs 685 per share to Exide Industries Limited.
  • Post the acquisition, Exide Industries will maintain a 4.1 per cent stake in merged HDFC Life and mortgage lender HDFC Ltd will maintain 47.9 per cent. Currently, HDFC Ltd. holds a 49.9 per cent stake in HDFC Life.

Important notes for all competitive exams:

  • HDFC Life Headquarters: Mumbai;
  • HDFC Life CEO: Vibha Padalkar;
  • HDFC Life Founded: 2000.

Ranks and Reports News

5. University of Oxford tops Times World University Rankings 2022

4th September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_100.1

  • The Times Higher Education (THE) World University Rankings 2022 has been introduced. The University of Oxford is on the high of the listing, adopted by the California Institute of Technology and Harvard University on the second and third positions, respectively.
  • The Indian Institute of Science (IISc), Bengaluru, is positioned between the 301-350 place. Incidentally, it’s also the one college within the high 350 rankings.

Three Indian academic institutes have discovered a spot within the high 400 listing:

  1. IISc Bangalore – 301-350 bracket
  2. Indian Institute of Technology (IIT) Ropar – 351-400 bracket.
  3. IIT Indore – 401-500 bracket.

Top Five Universities on the earth:

  1. University of Oxford, UK
  2. California Institute of Technology, US
  3. Harvard University, US
  4. Stanford University, US
  5. University of Cambridge, UK

6. India turns into third largest Unicorn ecosystem on the earth

4th September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_110.1

  • Hurun Research Institute has launched the Hurun India Future Unicorn List 2021, as per which India is the third-largest Unicorn/startup ecosystem on the earth. The USA is on high adopted by China on second.
  • India has 51 unicorns in response to the listing. The USA has 396 and China has 277 unicorns. Zilingo is the highest unicorn within the rating in India with funding of USD 310. The headquarters of Zilingo is in Singapore.
  • Bengaluru is the highest Indian metropolis by way of the variety of Unicorns headquartered in a metropolis. Bengaluru has 31 unicorns adopted by Mumbai which has 12 unicorns.

Summits and Conferences News

7. India to host convention on International Climate Summit 2020-21

4th September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_120.1

  • India is all set to host a key convention as a part of the International Climate Summit (ICS) 2020-21 to construct a dialogue for India’s transition to wash power. Policymakers, regulators, business leaders, consultants, and scientists from throughout the globe are going to be part of the local weather summit.
  • Director of CSIR, National Chemical Laboratory, Dr Ashish Lele has underlined the significance of the convention for the long run mitigation methods of local weather change. The must undertake these methods and the issues arose attributable to dependence on typical fuels.

8. PM Modi Virtually Addresses sixth Eastern Economic Forum 2021

4th September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_130.1

  • Prime Minister Narendra Modi nearly addressed the plenary session of the sixth Eastern Economic Forum (EEF), organised in Vladivostok, Russia. An Indian delegation led by Minister of Petroleum and Natural Gas, Hardeep Singh Puri and comprising main Indian oil and fuel firms are taking part within the EEF Summit 2021 in Russia.
  • On the sidelines of EEF, Petroleum Minister may also have conferences with Russian Energy Minister Nikolay Shulginov to overview bilateral power cooperation within the power sector and with the Russian Minister for Development of Far East and Arctic Alexei Chekunkov to debate the collaboration between Indian and Russian firms in that area. Petroleum Minister may also co-chair India-Russia Business Dialogue.

Sports News

9. Paralympics 2020: Archer Harvinder Singh Clinches Bronze in Men’s Individual Recurve

4th September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_140.1

  • In Paralympics 2020, India’s ace archer Harvinder Singh has received the bronze medal within the males’s particular person recurve open. The 31-year previous has grow to be India’s first-ever archer to win a medal within the Paralympics.
  • With this win, India’s medal haul on the ongoing Paralympics Games in Tokyo has reached 13 [2G,6S,5B]. Harvinder defeated South Korea’s Kim Min Su 6-5 in a shoot-off to win India’s third medal of the day at Tokyo 2020, taking India’s tally to 13.
  • Earlier, United States of America’s (USA) Kevin Mather defeated Harvinder by 6-4 within the semi-final.

10. Tokyo Paralympics: Manish Narwal wins gold in 50m Mixed Pistol

4th September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_150.1

  • Indian shooters Manish Narwal and Singhraj Adhana clinched the gold and silver medal respectively within the P4 – Mixed 50m Pistol SH1 closing at Asaka Shooting Range.
  • The 19-year-old Manish created the Paralympic document as he amassed 218.2 factors to clinch the gold whereas Singhraj grabbed his second medal of the Tokyo Paralympics with 216.7 factors.
  • The Russian Paralympic Committee’s (RPC) Sergey Malyshev received the bronze medal.
  • India’s medal tally now stands at 15 at these Paralympics. It has now received three golds, seven silvers and 5 bronze medals. This is India’s finest tally at a single version of the Para Games. It had received 4 medals at Rio 2016 and 4 on the 1984 Paralympics.

Miscellaneous News

11. Canadian City Burnaby to Observe September 5 As Gauri Lankesh Day

4th September 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_160.1

  • The Canadian metropolis of Burnaby has declared September 5 as “Gauri Lankesh Day”, as a tribute to the lifeless journalist on her demise anniversary, her sister Kavitha Lankesh.
  • The proclamation issued by the workplace of the Mayor of Burnaby Mike Hurley stated Gauri Lankesh was a brave Indian journalist who stood up for reality and justice, challenged superstition and social ills, and devoted her life to serving the poor and oppressed.
  • Gauri Lankesh, a left-leaning journalist who introduced out {a magazine} “Gauri Lankesh Patrike”, was shot lifeless by two assailants on September 5, 2017 night simply outdoors her home in Bengaluru allegedly for her anti-Hindutva stand.
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