Current Affairs Quiz 1st September 2021 : Daily GK Update Quiz

Exp. The Punjab Cabinet gave a nod to a new scheme that will help the unemployed youth in the state to hone their skills and increase their chances of getting a job. These youngsters will be given short-term skill training free of cost under the ‘‘Mera Kaam Mera Maan” scheme of the state government. A target of 30,000 beneficiaries has been proposed, at a cost of ₹ 90 crores.

The scheme also provides an employment assistance allowance of ₹ 2,500 per month for a period of 12 months from the start of the training course, which will be conducted at Punjab Skill Development Mission training centres.

Exp. GST collections moderate to ₹1.12 lakh crore in August

GST revenue remained above Rs 1 trillion-mark for the second straight month in August at over Rs 1.12 trillion, 30 per cent higher than the collection in the year-ago period.

Which Central GST is Rs 20,522 crore, State GST is Rs 26,605 crore, Integrated GST is Rs 56,247 crore (including Rs 26,884 crore collected on import of goods) and Cess is Rs 8,646 crore (including Rs 646 crore collected on import of goods).

Exp. Netherlands-based Prosus NV has announced to acquire the Indian digital payments provider BillDesk and merge it with its own fintech service business PayU. The size of the deal is $4.7 billion.

This acquisition will make the combined entity of PayU and BillDesk as the leading online payment providers globally and in India by total payment volume (TPV).

Exp. Tamil Nadu Governor Banwarilal Purohit has been given the additional charge of Punjab and the Union Territory of Chandigarh. Earlier, V P Singh Badnore was the Governor of Punjab and the Administrator of Chandigarh.

The President has also appointed Purohit as the Administrator of Chandigarh, in addition to his duties as the Governor of Punjab. Traditionally, Punjab Governor has functioned as the Administrator of Chandigarh.

Exp. J.B. Mohapatra appointed CBDT chairman

Senior bureaucrat J.B. Mohapatra has been appointed the chairman of the Central Board of Direct Taxes (CBDT).

Mr Mohapatra, a 1985-batch Indian Revenue Service (Income Tax) officer, is currently the member in the board that frames the policy for the Income Tax department.

Exp. Rajnish Kumar appointed as independent director of HSBC Asia

The former State Bank of India (SBI) chairman, Rajnish Kumar has been appointed as an independent director of the Hongkong and Shanghai Banking Corporation (HSBC) Asia entity on August 30, 2021.

He has also been appointed as a member of the Audit Committee and Risk Committee of the company.

Exp. Nine new judges, including three women, have been administered the oath of office as judges of the Supreme Court by Chief Justice of India (CJI) NV Ramana. The strength of the Supreme Court would go up to 33, including the CJI, out of the sanctioned strength of 34, after the swearing-in of the nine new judges.

Justice Vikram Nath, Justice BV Nagarathna, Justice PS Narasimha, Justice Abhay Shreeniwas Oka, Justice Jitendra Kumar Maheshwari, Justice Hima Kohli, Justice CT Ravikumar, Justice MM Sundresh, Justice Bela M Trivedi.

Exp. Indian cricketer Stuart Binny announces retirement

Indian all-rounder cricketer, Stuart Binny has announced his retirement from all forms of cricket on August 30, 2021. He had represented Team India in six Tests, 14 ODIs and three T20Is, scoring a total of 459 runs and 24 wickets.

Binny is the son of Roger Binny, a former India selector who was part of the 1983 world cup winning squad. In the Indian Premier League, he played for the Rajasthan Royals.

Binny is the current Indian record holder for best bowling spell in an ODI, as he claimed 6 wickets for 4 runs against Bangladesh in 2014.

Exp. Nine new judges, including three women, have been administered the oath of office as judges of the Supreme Court by Chief Justice of India (CJI) NV Ramana. The strength of the Supreme Court would go up to 33, including the CJI, out of the sanctioned strength of 34, after the swearing-in of the nine new judges.

Justice Vikram Nath, Justice BV Nagarathna, Justice PS Narasimha, Justice Abhay Shreeniwas Oka, Justice Jitendra Kumar Maheshwari, Justice Hima Kohli, Justice CT Ravikumar, Justice MM Sundresh, Justice Bela M Trivedi.

Exp. Hitendra Dave is the Chief Executive Officer of HSBC India.

Exp. The Abohar Wildlife Sanctuary is located in the Fazilka District of Punjab.