Daily Current Affairs 16th Aug, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 16th Aug, 2024. It includes all Major National, International, Business and Sports related current affairs of 16th Aug, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 16th Aug, 2024 Current affairs test.
National News
Union Jal Shakti Ministry Launches FloodWatch India 2.0 App
The Union Minister for Jal Shakti, C.R. Patil, has introduced the 2.0 version of the ‘FloodWatch India’ app, which has been developed by the Central Water Commission (CWC). This enhanced app offers a more comprehensive view of flood situations across the nation.
P.M Calls for Secular Civil Code in Independence Day Speech
In his Independence Day speech on August 15, Prime Minister Narendra Modi advocated for the introduction of a ‘Secular Civil Code’ instead of the term ‘Universal Civil Code.’ This change in terminology suggests the government’s intention to expand the policy’s reach and minimize controversy, both within the ruling National Democratic Alliance (NDA) and among opposition parties. It is the first instance where Modi has referred to the UCC as a ‘Secular Civil Code,’ a move that, according to some in the BJP, could leave the Opposition with fewer options for opposition.
Kisan Ki Baat: Government Radio Program To Bridge Farm-Science Gap
The government is launching a new radio program titled ‘Kisan Ki Baat,’ announced by Union Agriculture Minister Shivraj Singh Chouhan on August 15. This monthly broadcast aims to bridge the gap between agricultural practices and scientific advancements, empowering farmers with up-to-date scientific knowledge to modernize their farming techniques.
PM Modi to Headline The ET World Leaders Forum
Prime Minister Narendra Modi is set to be the chief guest at the inaugural ET World Leaders Forum, taking place on August 31 in New Delhi. The forum will focus on India’s contributions to global economic growth, innovation, and policy-making in a world facing economic challenges.
Centre Launches New AI-Based Surveillance System To Manage Pests
On August 15, the Union Government unveiled the National Pest Surveillance System (NPSS), which leverages artificial intelligence to help farmers connect with agricultural scientists and experts for pest control guidance via their smartphones.
International News
Japan’s Prime Minister Fumio Kishida Resigning
Japan’s Prime Minister, Fumio Kishida, announced on August 14 that he will be stepping down from his position next month and will not participate in the upcoming election for the new leader of the ruling Liberal Democratic Party (LDP). Kishida’s tenure has been troubled by various scandals, leading to a significant drop in public trust, with his approval rating plummeting to 20%.
Germany Joins United Nations Command in South Korea as 18th Member State
Germany’s inclusion in the U.S.-led United Nations Command (UNC) in South Korea marks a notable expansion of the command’s membership, bringing the total to 18 nations. This move highlights Germany’s commitment to global security and links European stability to the broader Indo-Pacific region.
Banking News
RBL Bank Announces Vijay Fixed Deposits to Honor 78th Independence Day
RBL Bank has launched a special “Vijay Fixed Deposits” scheme in celebration of India’s 78th Independence Day. This scheme offers a 500-day fixed deposit with attractive interest rates, providing customers with a lucrative savings option while honoring the nation’s brave soldiers.
Axis Bank and Visa Launch Exclusive ‘PRIMUS’ Credit Card for India’s Elite
Axis Bank, in collaboration with Visa, has introduced the ‘Primus’ credit card, a premium product tailored exclusively for India’s ultra-high-net-worth individuals (UHNWIs). This invitation-only card is designed to cater to the affluent elite, offering luxurious benefits, exclusivity, and personalized services. With a hefty joining fee of Rs 5 lakh and an annual fee of Rs 3 lakh, the Primus card symbolizes ultimate prestige.
Business News
L&T Finance Achieves NBFC-ICC Status from RBI
L&T Finance Ltd. has transitioned from being classified as an NBFC-Core Investment Company (NBFC-CIC) to a Non-Banking Financial Company (Investment and Credit Company) (NBFC-ICC) after merging its wholly-owned subsidiaries, including L&T Finance, L&T Infra Credit Ltd., and L&T Mutual Fund Trustee Ltd. The Reserve Bank of India (RBI) granted the new registration on August 2, and this change is not expected to impact the company’s compliance with NBFC-ICC guidelines.
Summits and Conferences News
India To Host Third Voice Of Global South Summit
India will host the 3rd Voice of Global South Summit on August 17, 2024. This initiative stems from Prime Minister Narendra Modi’s vision of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas aur Sabka Prayas’ and is rooted in India’s philosophy of Vasudhaiva Kutumbakam, which means the world is one family.
Obituaries News
Father of Agni Missiles, Dr. Ram Narain Agarwal Passes Away
Dr. Ram Narain Agarwal, a distinguished Indian scientist renowned for his pioneering work in India’s missile program, passed away on Thursday in Hyderabad at the age of 84. Fondly known as the ‘Father of Agni Missiles,’ Dr. Agarwal’s contributions to India’s defense capabilities were revolutionary.
Death Anniversary of Atal Bihari Vajpayee, Observed on August 16th
India observes the death anniversary of Atal Bihari Vajpayee, a revered statesman, poet, and visionary leader, on August 16. Vajpayee, who served as India’s 10th Prime Minister, is celebrated for his leadership, his ability to unite diverse ideologies, and his unwavering commitment to democratic principles.
