Current Affairs Quiz 25th August 2021 : Daily GK Update Quiz

Exp. WEF’S Sustainable Development Impact Summit 2021 in Geneva, Switzerland

The World Economic Forum’s annual Sustainable Development Impact Summit will take place on September 20-23, 2021 in Geneva, Switzerland. This year’s event will focus strongly on inclusively revitalizing economies.

The United Nations General Assembly, the summit convenes under the theme “Shaping an Equitable, Inclusive and Sustainable Recovery”. It will welcome almost all leaders from government, business and civil society who will work together to drive action and build momentum for a more sustainable and inclusive future.

Exp. The Ministry of External Affairs (MEA) has given a name to India’s complex mission of evacuating its citizens from war-torn Afghanistan, as ‘Operation Devi Shakti’.

The name of the operation was known when External Affairs Minister S. Jaishankar mentioned it in a tweet on August 24 while referring to the arrival of a fresh batch of 78 evacuees in Delhi.

Exp. India has overtaken the United States (US) to become the second-most sought-after manufacturing destination globally, driven mainly by cost competitiveness, according to real estate consultant Cushman & Wakefield.

China remains at number one position, which assessed the most advantageous locations for global manufacturing among 47 countries in Europe, the Americas and Asia-Pacific (APAC).

The US is at third position, followed by Canada, Czech Republic, Indonesia, Lithuania, Thailand, Malaysia and Poland.

Exp. India ranked 2nd in Cushman Global Manufacturing Risk Index 2021; China Tops

India has overtaken the United States (US) to become the second-most sought-after manufacturing destination globally, driven mainly by cost competitiveness, according to real estate consultant Cushman & Wakefield.

China remains at number one position, which assessed the most advantageous locations for global manufacturing among 47 countries in Europe, the Americas and Asia-Pacific (APAC).

The US is at third position, followed by Canada, Czech Republic, Indonesia, Lithuania, Thailand, Malaysia and Poland.

Exp. The Reserve Bank of India (RBI) has approved the re-appointment of Sandeep Bakhshi, MD & CEO, of ICICI Bank with effect from October 15, 2021, till October 3, 2023.

Bakhshi was appointed the MD & CEO of the bank, with effect from October 15, 2018.

Exp. Abhay Kumar Singh has been appointed as joint secretary in the Ministry of Cooperation. This ministry was recently formed with an aim to strengthen the cooperative movement in the country.

Abhay Kumar Singh, a 2004-batch Indian Administrative Service (IAS) officer of the Bihar cadre, has been appointed as joint secretary in the ministry for a combined tenure of seven years against the newly created post.

Exp. Infosys becomes 4th Indian company to touch $100 billion m-cap

Infosys crossed the $100 billion mark in terms of market capitalisation on 24th Aug, becoming the fourth Indian company.

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.

World Entrepreneurs’ Day, the purpose of the World Entrepreneurs’ Day is to create awareness for entrepreneurship, innovation and leadership throughout the world. WED is the perfect day to celebrate the people who starts a business alone.

World Entrepreneurs Day is a great opportunity to push philanthropic, social and ethical business practices via conferences, awards and initiatives.

Exp. A book titled ‘Battlefield’ has been authored by Vishram Bedekar, translated from the Marathi original Ranaangan by Jerry Pinto.

The book is the story of a shipboard romance between an Indian man and a German-Jewish woman, both fleeing Europe before the Second World War.

Exp. Headquarters: Cologny, Switzerland

Executive Chairman: Klaus Schwab

Founded: January 1971

Exp. CEO: Sandeep Bakhshi

Headquarters: Mumbai

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