Daily GK Current Affairs viable of 11th August 2021

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Daily GK Current Affairs News viable of 11th August 2021. – Here is the Regular current affairs viable of 11th August 2021. covering the following news headlines: Rajiv Gandhi award, Digital Prayaas, Jan Dhan accounts, Van Dhan Yojana Scheme, Reserve Bank of India, Neeraj Chopra.

Daily Current Affairs update are incorporated with the important news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc.

So, here is the GK update of 11th August 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Table of Contents

Here current affairs have been categorized which is as follows:

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International News
National News
State News
Banking News
Business News
Economy News
Awards News
Obituaries News

International News

Mohammad Mokhber named as first Vice President of Iran

Iran’s new President Ibrahim Raisi named the chairman of a powerful state-owned foundation sanctioned by the United States as its first vice president.
Mohammed Mokhbar has for years led the foundation known as the Execution of the Order of the Setad or Imam Khomeini.
Mokhber was appointed to the position by the supreme leader Ayatollah Ali Khamenei in 2007. The Setad was originally founded in the late 1980s to manage confiscated properties following the 1979 Islamic Revolution.

Important takeaways for all competitive exams:

Iran Capital: Tehran;
Iran Currency: Iranian toman.

National News

PM Modi announces palm oil initiative

Prime Minister Narendra Modi has announced a Rs 11,000 crore National Edible Oil Mission-Oil Palm (NMEO-OP) to make India self-sufficient in cooking oils, including palm oil.
The government will ensure that farmers get all the facilities, from quality seeds to technology under the mission. While India has become self-sufficient in rice, wheat and sugar, it was not enough as the country is hugely dependent on imported edible oils.
The Centre has already been running a National Mission on Oilseeds and Oil Palm to boost oilseeds and palm oil production in India for the last few years with an aim to lower imports.

State News

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Maharashtra government announces Rajiv Gandhi award for IT sector

The Maharashtra government has announced a new award in the name of former Prime Minister Rajiv Gandhi for his outstanding performance in the Information and Technology (IT) sector.
In Maharashtra, the Rajiv Gandhi Award will be given to institutions doing remarkable work in the field of information technology.
In a meeting chaired by Maharashtra’s Minister of State for Information Technology and Home Satej Patil, it was decided to introduce an award in the state after former PM Rajiv Gandhi.
Recently, Prime Minister Narendra Modi had announced that Rajiv Gandhi Khel Ratna Award would be called Major Dhyan Chand Khel Ratna Award.

Important takeaways for all competitive exams:

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

Banking News

RBI to penalise banks if ATMs run out of cash from October 1

The Reserve Bank of India (RBI) has announced the launch of ‘Scheme of Penalty for Non-replenishment of ATMs’, according to which it will impose monetary penalty on ATMs/WLAs that run out of cash.
This scheme will be effective from October 01, 2021. Therefore, banks/WLAOs should put in place a robust system to monitor the availability of cash at ATMs and ensure timely replenishment to avoid cash-outs.
Cash-out at any ATM of more than ten hours in a month will attract a flat penalty of ₹ 10,000/- per ATM. In the case of White Label ATMs (WLAs), the penalty would be charged to the bank which is meeting the cash requirement of that particular WLA. The bank, may, at its discretion, recover the penalty from the WLA operator.

Important takeaways for all competitive exams:

RBI 25th Governor: Shaktikant Das;
Headquarters: Mumbai;
Founded: 1 April 1935, Kolkata.

Business News

SIDBI unveils “Digital Prayaas” lending platform

Small Industries Development Bank of India (SIDBI) has unveiled ‘Digital Prayaas’ an app-based digital-lending platform to facilitate loans to entrepreneurs from low-income groups.
The objective is to sanction a loan by the end of the day. The platform has engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs).
To cater to those from the urban area, SIDBI has tied up with BigBasket to provide loans to its delivery partners for the purchase of e-bikes and e-vans. the SIDBI-BigBasket initiative would create digital footprints that would further facilitate loans to the borrower’s family members for their own micro-enterprises.
SIDBI should enter into similar arrangements with more partner institutions to increase its outreach.

Important takeaways for all competitive exams:

CMD of SIDBI: S Ramann;
SIDBI founded: 2nd April 1990;
SIDBI Headquarters: Lucknow, Uttar Pradesh.

Economy News

Finance Ministry: over 5.82 crore Jan Dhan accounts inoperative

The Finance Ministry has informed Rajya Sabha that over 5.82 crore Jan Dhan (PMJDY) accounts are inoperative. This is 14 per cent of the total number of accounts. It means at least one out of 10 Jan Dhan accounts is inoperative.
According to guidelines issued by the Reserve Bank of India, “savings, as well as current account, should be treated as inoperative/dormant if there are no transactions in the account for over a period of two years.
According to the website of PMJDY, the total number of Jan Dhan accounts is 42.83 crore with a balance of nearly ₹1.43 lakh crore.

Important takeaways for all competitive exams:

Finance Minister of India: Nirmala Sitharaman.

Awards News

Nagaland wins 7 National Awards under Van Dhan Yojana Scheme

Nagaland has been conferred with seven national awards on the first Van Dhan Annual Awards 2020-21, during the celebration of the 34th foundation day of the Tribal Cooperative Marketing Development Federation of India Limited (TRIFED).
The awards were presented by Union tribal minister, Arjun Munda through a Zoom webinar.
Meanwhile, the state has received seven national awards, such, as 1st positions in – ‘Best Survey State’, ‘Best Training’, and ‘Most number of VDVKC’s established’.
It has attained 3rd position for ‘Best Sales Generated’, and ‘Best Innovation & Creativity.
The state has also received Awards for Innovative & Creative Product Ideas for commodities like – Gooseberry Wine (Supplier: Toka Multipurpose Society Ltd.); Mushroom Cultivation (Supplier: NBHM).

Important takeaways for all competitive exams:

Chief Minister of Nagaland: Neiphiu Rio;
Governor of Nagaland: R. N. Ravi.

Obituaries News

Renowned Ayurvedacharya Balaji Tambe passes away

Dr Balaji Tambe, a renowned spiritual leader who was also an Ayurveda practitioner and proponent of Yoga, passed away.
The founder of ‘Atmasantulna Gaon’, a holistic healing center near Lonavala, Dr Tambe had written several books on spirituality, yoga and Ayurveda. He devoted his whole life to promoting and popularizing Ayurveda and Yoga.

Malayalam actor Saranya Sasi passes away

Popular Malayalam film and television actor, Saranya Sasi passed away due to COVID-19 complications. He had also battled cancer for almost a decade, earning praise for showing remarkable grit and determination in fighting the disease. In 2012, he was diagnosed with a brain tumor.
The actress’s work includes films such as Chhota Mumbai, Thalappavu, Bombay March 12 and TV serials such as Kootukri, Aavachikal, Harichandanam, Malakhmar and Rahasham.

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