Daily Current Affairs, 31st August 2022 - VISION

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Wednesday, August 31, 2022

Daily Current Affairs, 31st August 2022

 


1)  International Day for People of African Descent observed on 31st August

•The International Day for People of African Descent is celebrated on 31 August globally. The day was first celebrated in 2021, halfway through the International Decade for People of African Descent (2015-2024), which calls for concrete actions on the part of states and other members of the international community to promote recognition, justice and development. The United Nations aims to promote the extraordinary contributions of the African diaspora around the world and to eliminate all forms of discrimination against people of African descent.


•The African diaspora has long been recognized for its spirit and contributions to art, culture, science, and other fields, and it continues to mark a distinctive presence and positive impact in several parts of the world.


2)  New Naval ensign to be unveiled by PM Modi, INS Vikrant to be launched

•Prime Minister Narendra Modi will reveal a new ensign of the Indian Navy (New Naval ensign), at the aircraft carrier INS Vikrant Commissioning celebration on September 2. He will formally inaugurate the nation’s first aircraft carrier, INS Vikrant. The Indian Navy will receive a New Naval ensign on September 2 without the Saint George’s cross that has been on its flag since the British placed it during the pre-independence era. The cross sign was removed from the flag between 2001 and 2004 while Atal Bihari Vajpayee was in office, but it was reinstated once the UPA led by Manmohan Singh took back power.


3)  50th All Manipur Shumang Leela Festival 2021-2022 begins

•The 50th All Manipur Shumang Leela Festival 2021-2022 kicked off at Iboyaima Shumang Leela Shanglen at Palace Compound in Imphal. Manipur Governor La Ganesan and Chief Minister N. Biren Singh attended the inaugural function. Shumang Leela is a traditional form of theatre in Manipur and the roles of female artists are all played by male actors and male characters are played by female artists in case of female theatre groups. Shumang Leela Groups of the early stage attempted to preserve and promote humanism, tolerance, confidence, devotion, truth and justice through their performances.


4)  SAREX-2022: 10th National Maritime Search and Rescue Exercise-22 conducted in Chennai

•The 10th National Maritime Search and Rescue Exercise SAREX-22 was carried out by the Indian Coast Guard (ICG) in Chennai. Along with other organisations and foreign participants, the chief of the Indian Coast Guard, VS Pathania, assessed the exercise “SAREX-2022.” In an emergency, ICG Dornier aircraft demonstrated to viewers how to rescue passengers from ships and aeroplanes.


5)  Jhansi BJP MP Anurag Sharma Elected As World Body CPA Treasurer

•Member of Parliament from the Jhansi-Lalitpur parliamentary constituency, Anurag Sharma has been elected as the International Treasurer of the Parliamentary Association Conference (CPA) at the 65th Commonwealth Parliamentary Association Conference in Halifax, Canada. He will now be on the main Executive Council. The election of Sharma made him the second Indian office-bearer in the world’s largest and oldest International Parliamentary Association. His election also meant one more seat was added to India in the CPA, taking the total Indian tally to four executive representatives now.


6)  Forex Reserve At 2 Year Low To $564 bn

•The country’s foreign exchange reserves fell by $6.69 billion to $564 billion for the week ended August 19, latest data released by the Reserve Bank of India (RBI) showed. The reserves are at its lowest level since October 2020. In the last two weeks, the foreign exchange reserves fell by almost 9 billion. According to data released by the RBI on Friday, the fall was mainly due to a decline in foreign currency assets, by $5.8 billion, followed by gold reserves by $704 million.


7)  Telangana Tops Inflation Chart At 8.32%

•Telangana, together with West Bengal (8.06%) and Sikkim (8.01%), report charges nicely above the nation’s 6.8%. India’s retail inflation has been a bugbear for the economic system because it surged previous 6% in January, however there are huge disparities within the tempo of worth rise skilled by customers throughout the nation, with a dozen States clocking a median inflation of lower than 6% and one other 12 States averaging over 7% by way of 2022 thus far.  Whereas headline inflation measured by the Client Value Index has averaged 6.8% within the first seven months of 2022, nicely above the 6% higher tolerance threshold set by coverage makers.


8)  A book titled “Indian Banking in Retrospect – 75 years of Independence” by Dr Ashutosh Raravikar

•Director of the Department of Economic & Policy Research(DEPR), Reserve Bank of India (RBI), Dr Ashutosh Raravikar has authored a new book titled “Indian Banking in Retrospect – 75 years of Independence”. The book is published by Aswad Prakashan Private Limited. Bibek Debroy, Chairman of the Economic Advisory Council to the Prime Minister of India has written the foreword of the book.


9)  Autobiography titled “The Hero of Tiger Hill” authored by Subedar Major Yadav

•The autobiography “The Hero of Tiger Hill: Autobiography of a Param Vir”, is about the inspiring story of Subedar Major (Honorary Captain) Yogendra Singh Yadav (Retd), the Youngest Param Vir Chakra (PVC) awardee, at the age of 19 for his actions in the 1999 Kargil conflict. This autobiography is published by Srishti Publishers & Distributors.