Current Affairs Quiz 9th September 2021 : Daily GK Update Quiz

Exp. India’s 1st Emergency Landing Facility on National Highway in Rajasthan

Union Defence Minister, Rajnath Singh and Union Highways Minister, Nitin Gadkari inaugurated the Emergency Landing Facility on a National Highway in Rajasthan on September 9, 2021.

This emergency landing facility has been constructed on the Satta-Gandhav stretch of National Highway (NH) 925A in Barmer, Rajasthan.

Exp. India will hold the G20 presidency from December 1, 2022, and will convene the G20 leaders’ summit in 2023 for the first time.

Piyush Goyal, Union Minister of Commerce and Industry Minister has been appointed as India’s Sherpa for the G20 in 2023 (18th edition). A sherpa is a diplomat who undertakes preparatory work prior to a summit conference.

Exp. India, ADB sign $112 million loan to improve water supply infrastructure in Jharkhand

The Government of India and Asian Development Bank (ADB) has signed a $112 million loan to develop water supply infrastructure and strengthen capacities of urban local bodies (ULBs) for improved service delivery in four towns in the state of Jharkhand.

“The project will be ADB’s first urban project in the state and help establish a model for continuous water supply combined with policy reforms for sustainable operation which can be replicated by other low-income states for providing safe drinking water to urban households as envisaged under national Jal Jeevan Mission.

Exp. The Asian Development Bank (ADB) and the Government of India has signed a 300 million dollars loan as additional financing to scale up improvement of rural connectivity to help boost rural economy in the state of Maharashtra.

The additional financing for the ongoing Maharashtra Rural Connectivity Improvement Project will help improve an additional 1,100 rural roads and 230 bridges for a total length of 2,900 kilometers (km) in 34 districts.

Exp. RBI removes lending curbs on UCO Bank

Reserve Bank of India has taken public sector lender UCO Bank out of the Prompt Corrective Action (PCA) framework on improvement in financial and credit profile.

This decision gives the bank more freedom for lending, especially to corporations and grow the network, subject to prescribed norms. Following UCO Bank’s exit, two banks — Indian Overseas Bank and Central Bank of India — remain under PCA. The central bank uses the PCA framework to rein in banks that have breached certain regulatory thresholds in bad loans and capital adequacy.

Exp. S&P Global Ratings has revised India’s growth forecast and now expects the economy to grow 9.5 per cent in 2021-22 (FY22) and 7.0 per cent in 2022-23 (FY23).

India is expected to post strong economic growth in the coming quarters, even as inflation, led by food prices, is likely to remain elevated.

Exp. Olympic gold medalist Neeraj Chopra signs first brand endorsement with Tata AIA Life Insurance

Olympic gold medalist Neeraj Chopra has signed his first brand endorsement with life insurance sector company Tata AIA Life Insurance and has become its brand ambassador.

The company sells life protection and health and wellness insurance schemes to its customers and over the next few years Neeraj will support the company’s efforts in offering best in class solutions.

Exp. Nirlep Singh Rai becomes new CMD of NFL

State-owned fertiliser firm NFL on Tuesday said Nirlep Singh Rai has been appointed as Chairman and Managing Director of the company.

In a regulatory filing, NFL informed that Nirlep Singh Rai, Director (Technical), has been appointed as Chairman & Managing Director, on the Board of the company with effect from the date of his assumption of charge i.e. September 6.

Exp. 9 September: International Day to Protect Education from Attack

International Day to Protect Education from Attack is observed globally on 9th September. In proclaiming the International Day to Protect Education from Attack to be celebrated for the first time in 2020.

The purpose of the day is to raise awareness regarding the importance of safeguarding schools as places of protection and safety for students and educators and the need to keep education at the top of the public agenda.

Exp. Only the second woman to be appointed Uttarakhand governor after Margaret Alva, Baby Rani Maurya resigned from her position on 9 Sept, almost two years before completing her term, confirmed Brijesh Kumar Sant, secretary to the governor.

Maurya was sworn in as the governor of Uttarakhand on August 26, 2018 taking over from Krishna Kant Paul at the end of his five-year tenure.

Exp. Asian Development Bank (ADB)

Managing Director General: Woochong Um

Headquarters: Mandaluyong, Philippines

President: Masatsugu Asakawa

Founded: 19 December 1966