Daily GK Current Affairs viable of 4th September 2021

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Daily GK Current Affairs News viable of 4th September 2021. – Here is the Regular current affairs viable of 4th September 2021. covering the following news headlines: International Monetary Fund, Bharat Ratna Rajiv Gandhi Science Innovation City, HDFC Life, World University Rankings 2022.

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 4th September 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Table of Contents

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Here current affairs have been categorized which is as follows:

National News
State News
Business News
Sports News
Miscellaneous News

National News

IMF increases India’s quota of Special Drawing Rights (SDR)

The International Monetary Fund (IMF) has allocated Special Drawing Rights (SDR) 12.57 billion to India. (about US$ 17.86 billion). With this, India’s total SDR holding has gone up to SDR 13.66 billion (equivalent to approximately US$ 19.41 billion).
SDR is one of the components of India’s foreign exchange reserves (FER). Hence the foreign exchange reserves (FER) have also increased now. The IMF has allocated a total of SDR 456 billion to all its member countries, out of which India has got SDR 12.57.

Important takeaways for all competitive exams:

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

State News

Maharashtra to set up science city named after Rajiv Gandhi in Pune

Maharashtra government has decided to set up a world class science city at Pimpri-Chinchwad near Pune to develop scientific attitude among the students and prepare them to become students in future.
To be named as ‘Bharat Ratna Rajiv Gandhi Science Innovation City’, a science center will be developed in an area of one acre on an eight-acre campus in PCMC area. The Center has given an assistance of Rs 191 crore for setting up a Science City in the PCMC area.

Important takeaways for all competitive exams:

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

Business News

HDFC Life to acquire Exide Life Insurance for ₹6,687 crore

HDFC Life has announced to acquire a 100 per cent stake in Exide Life Insurance Company in a stock and cash deal, for Rs.6,887 crore. Subsequently, Exide Life will be merged with HDFC Life, subject to regulatory approvals.
Exide Life is a wholly-owned subsidiary of battery maker Exide Industries. This acquisition will mark one of the first and the largest acquisitions in the life insurance space.
From the total deal value of Rs.6,887 crore, HDFC Life will pay Rs.725 crore in cash, while the balance amount will be in form of shares.
HDFC Life will issue 87.02 million equity shares of the face value of Rs.10 at a price of Rs.685 per share to Exide Industries Limited.
Post the acquisition, Exide Industries will hold a 4.1 per cent stake in merged HDFC Life and mortgage lender HDFC Ltd will hold 47.9 per cent. Currently, HDFC Ltd. holds a 49.9 per cent stake in HDFC Life.

Important takeaways for all competitive exams:

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

Sports News

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

Indian shooters Manish Narwal and Sinhraj Adhana won gold and silver medals respectively in the P4-mixed 50m pistol SH1 final at the Asaka Shooting Range.
19-year-old Manish set a Paralympic record with a score of 218.2 and won the gold, while Sinharaj secured his second medal at the Tokyo Paralympics with a score of 216.7.
Sergei Malyshev of the Russian Paralympic Committee (RPC) won the bronze medal.
India’s medal tally in these Paralympics now stands at 15. It has won three gold, seven silver and five bronze medals so far. This is India’s best tally in a single edition of Para Games. It won four medals at Rio 2016 and four at the 1984 Paralympics.

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

In Paralympics 2020, India’s ace archer Harvinder Singh has won the bronze medal in the men’s individual recurve open. The 31-year old has become India’s first-ever archer to win a medal in the Paralympics.
With this win, India’s medal haul at 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 in the semi-final.

Miscellaneous News

Canadian City Burnaby to Observe September 5 As Gauri Lankesh Day

The Canadian city of Burnaby has declared September 5 as “Gauri Lankesh Day”, as a tribute to the dead journalist on her death anniversary, her sister Kavitha Lankesh.
The proclamation issued by the office of the Mayor of Burnaby Mike Hurley said Gauri Lankesh was a courageous Indian journalist who stood up for truth and justice, challenged superstition and social ills, and dedicated her life to serving the poor and oppressed.
Gauri Lankesh, a left-leaning journalist who brought out a magazine “Gauri Lankesh Patrike”, was shot dead by two assailants on September 5, 2017 evening just outside her house in Bengaluru allegedly for her anti-Hindutva stand.

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