Daily GK Current Affairs viable of 25th August 2021

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Daily GK Current Affairs News viable of 25th August 2021. – Here is the Regular current affairs viable of 25th August 2021. covering the following news headlines: Iconic Week, Infosys, Global Manufacturing Risk Index, Global Manufacturing Risk Index, WAU20 Championships.

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 25th 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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National News
State News
Banking News
Business News
Awards News
Sports News
Important Days
Obituaries News
Miscellaneous News

National News

NITI Aayog and WRI Jointly Launch ‘Forum for Decarbonizing Transport’

NITI Aayog and World Resource Institute (WRI), India jointly launched ‘Forum for Decarbonizing Transport’ in India.
NITI Aayog is the implementation partner for India. The project aims to bring down extreme levels of GHG emissions (transportation sector) in Asia (corresponding to way below 2 degrees), resulting in problems such as congestion and air pollution.
The Forum has been launched under the NDC-Transport Initiative for Asia (NDC-TIA) project. The NDC Transport Initiative for Asia (TIA 2020-2023) is a joint programme of seven organizations that will engage China, India, and Vietnam in promoting a comprehensive approach to decarbonizing transport in their respective countries.

Important takeaways for all competitive exams:

NITI Aayog Formed: 1 January 2015;
NITI Aayog Headquarters: New Delhi;
NITI Aayog Chairperson: Narendra Modi;
NITI Aayog CEO: Amitabh Kant;
World Resources Institute Headquarters: Washington, D.C., United States;
World Resources Institute Founder: James Gustave Speth;
World Resources Institute Founded: 1982.

State News

Assam celebrates Wanchuwa Festival 2021

Tiwa tribesmen perform their traditional dnac eas they take part in Wanchuwa Festival in Assam. This festival is celebrated by Tiwa tribesmen to mark their good harvest. It comes with songs, dances, a bunch of rituals and people clad in their native attires.
Tiwa is also known as Lalung is an indigenous community inhabiting the states of Assam and Meghalaya and are also found in some parts of Arunachal Pradesh and Manipur. They are recognized as a Scheduled tribe within the state of Assam. They practice Jhum or shifting cultivation.

Important takeaways for all competitive exams:

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

Banking News

RBI appointed panel suggests 4-tier structure for Urban Co-operative Banks

RBI-appointed panel headed by N.S. Viswanathan suggested a 4-tier structure for urban co-operative banks; The minimum CRAR (capital to risk-weighted asset ratio) for them can vary from 9 per cent to 15 per cent.
A committee appointed by the Reserve Bank has suggested a four-tier structure for urban co-operative banks (UCBs) based on deposits and laid down various capital adequacy and regulatory norms for them depending on their size.

The RBI committee said that UCBs can be split into four categories:

Tier-1 with deposits up to Rs 100 crore;
Tier-2 with deposits between Rs 100-Rs 1,000 crores;
Tier-3 with deposits between Rs 1,000 crore to Rs 10,000 and
Tier-4 with deposits of over Rs 10,000 crore.

Business News

Infosys hits $100 billion m-cap, fourth Indian firm to reach milestone

The shares of Information Technology major, Infosys hit a record high during intraday trading, which helped the company cross $100 billion in market capitalisation. Infosys is the fourth Indian company to achieve this milestone.
Reliance Industries (m-cap of $140 billion), Tata Consultancy Services (m-cap $115 billion) and HDFC Bank (m-cap $100.1 billion) are the other Indian firms in the club with Infosys.
Infosys has been one of the fastest-growing companies in India, providing business consulting, information technology and outsourcing services. In the quarter ending June 2021, Infosys reported a net consolidated profit of ₹5,195 crores, showing a growth of 2.3 per cent.

Important takeaways for all competitive exams:

Infosys Founded: 7 July 1981.
Infosys CEO: Salil Parekh.
Infosys Headquarters: Bengaluru.

Awards News

Sri Basava International Award for seer of Bhalki Hiremath

The Government of Karnataka has selected Sri Basavalinga Pattadevaru, a senior seer of Bhalki Hiremath, for the prestigious Sri Basava International Award. Kannada and Culture Minister V. Sunil Kumar will present the award at Rabindra Kalakshetra in Bengaluru.
The septuagenarian seer has spent more than five decades at a Lingayat religious institution in Bidar district.
The centre was set up in 2003 when an abandoned baby from Ujani village near Aurad in Bidar district was adopted. The seer moved the court to adopt the child. The Central and State governments later recognised the centre as an authorised Central adoption resource agency.

Important takeaways for all competitive exams:

Chief Minister of Karnataka: Basavaraj S Bommai;
Karnataka Governor: Thawar Chand Gehlot;
Karnataka Capital: Bengaluru.

Sports News

Tekchand as India’s new flag-bearer in Tokyo Paralympics

Mariyappan Thangavelu, 2016 Rio Paralympic Games gold medalist will be replaced by Asian Games gold medalist Tekchand as the new flag-bearer of India at the opening ceremony.
The Paralympic Committee of India reported, “On his flight to Tokyo, Mariyappan came in close contact with a Covid positive foreign passenger.
Though on reaching the village he has been tested for 6 days and all his reports are negative, but the Organizing Committee has advised not to make Mariyaapan participate in the Opening Ceremony. India will be represented by 54 para-athletes.

Princepal Singh becomes first Indian to be part of NBA championship roster

Princepal Singh became the first Indian to be part of an NBA title-winning team when his team Sacramento Kings won the 2021 NBA Summer League crown.
The 6-foot-9 forward made history by becoming the first Indian to be part of the championship roster at any level of the NBA. The Kings dominated the championship game against the Boston Celtics, winning the title with a 100–67 victory.

Important Days

Union minister Anurag Thakur to kick-off ‘Iconic Week’ celebrations

Union minister for information and broadcasting Anurag Thakur has kicked off a series of activities to celebrate the ‘Azadi ka Amrit Mahotsav’ starting August 23. The series of events will go on till August 29.
The activities organised by the ministry will aim to ‘ showcase the convergence of the values and glories of the freedom struggle of the past with the aspirations and dreams of a young, new and iconic India’.
Thakur kicks off the ‘Iconic Week’ which attract participation from across the country under the overall spirit of ‘Jan Bhagidari and Jan Andolan’. During the Iconic Week, the ministry showcases the journey of new India and celebrate the contribution of freedom fighters, including the ‘Unsung Heroes of the freedom struggle, through massive outreach activities.

Obituaries News

Former national football coach SS Hakim passes away

Syed Shahid Hakim, former India footballer and member of the last national team that played in the 1960 Rome Olympics, passed away. Hakim ‘saab’, as he was popularly known, was 82 years old.
In his more than five-decade association with Indian football, Hakim, a Dronacharya Awardee, has also been an assistant coach to late PK Banerjee during the 1982 Asian Games in Delhi.
A former Squadron Leader of the Indian Air Force, Hakim was also a Regional Director of Sports Authority of India and his last assignment was as Project Director in charge of scouting before the 2017 U-17 FIFA World Cup.

British comedian Sean Lock passes away

British comedian Sean Locke has passed away. He was one of Britain’s finest comedians, his limitless creativity, sharp wit and the absurd brilliance of his work marked him as a unique voice in British comedy.
In 2000, Sean Locke won the gong at the British Comedy Awards for Best Live Stand-Up Performance.

Miscellaneous News

India’s Evacuation Mission From Afghanistan named as ‘Operation Devi Shakti’

The Ministry of External Affairs (MEA) has named India’s complex mission of evacuating its citizens from war-torn Afghanistan as ‘Operation Devi Shakti’.
The name of the operation came to light when External Affairs Minister S. Jaishankar mentioned this in a tweet on August 24, referring to the arrival of a new batch of 78 people in Delhi.
India began the complex evacuation mission by airlifting 40 Indians from Kabul to Delhi on August 16, a day after the Taliban seized control of the Afghan capital city. So far, India has evacuated over 800 people amid a deteriorating security situation in Kabul and scramble by various nations to rescue their citizens.

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