Current Affairs for BANK, IBPS Exams - 29 August 2021

Bank Exam Current Affairs

Current Affairs for BANK, IBPS Exams - 29 August 2021


Government of India introduces new registration mark named as Bharat Series (BH-Series)

  • The BH-series is the latest reform introduced by the central ministry. Last year, it had mandated all vehicles sold in India before April 2019 to have high security registration plates (HSRP).
  • The Centre has introduced new vehicle registration series to ensure seamless transfer across states. Called BH (Bharat series), it will free vehicle owners from re-registration process when they shift from one state/union territory to another.
  • The series has been introduced by the road transport ministry, and notified by central government. The government has said that the new series will be available on voluntary basis to defense personnel, employees of central government/ state government/ central/ state public sector undertakings and private sector companies/organisations, which have their offices in four or more states/union territories.
  • The current rules say that a person is allowed to keep vehicle for a maximum of 12 months in any state other than the state where it is registered. The owners has to get such vehicles re-registered before the expiry of 12 months.

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First G20 Ministerial Conference on Women's Empowerment Held in Italy

  • The G20 Conference on Women’s Empowerment took place on 26 August 2021 in Santa MargheritaLigure.  This is the first time that a dedicated event on women’s empowerment has been planned in the G20 system, focusing on the quality of women’s work, the implementation of policies aimed at increasing women’s participation in positions of leadership, the protection of women’s rights, and on tackling gender-based violence.
  • The Conference was opened with a message by the Italian Prime Minister, Mario Draghi and a speech by the Italian Minister for Equal Opportunities and Family, Elena Bonetti, followed by remarks from the President of the Senate, Maria ElisabettaCasellati, and interventions by the Vice-President of the Chamber of Deputies, Maria EderaSpadoni and the EU Commissioner for Equality, Helena Dalli.
  • The Conference involved Gender Equality Ministers from the G20 countries and host countries, representatives of international organisations (UN Women, ILO, OECD), representatives of the business community, academia, and civil society. The debate addressed two specific areas:
  • Stem, financial and digital literacy, environment, and sustainability,
  • Labour and economic empowerment and work-life balance.


RBI to start trial project of CBDC by December

  • A central bank digital currency (CBDC) is a sovereign currency in an electronic form, issued by a central bank
  • The Reserve Bank of India (RBI) has been working on a phased implementation strategy for a central bank digital currency (CBDC) and the pilot may be launched by the end of this year. “The Reserve Bank of India may launch its first digital currency trial programs by December," RBI Governor Shaktikanta Das told CNBC in an interview.
  • “We are being extremely careful about it because it’s completely a new product, not just for RBI, but globally," Das said in an interaction with the international business news channel. “I think by the end of the year, we should be able to — we would be in a position, perhaps — to start our first trials," he added.
  • “They are not commodities or claims on commodities as they have no intrinsic value; some claims that they are akin to gold clearly seem opportunistic," he said, adding that a CBDC is the same as a currency issued by a central bank but takes a different form than paper.

::Science and Tech::

QSim – India's First Quantum Computer Simulator Toolkit

  • The Quantum Computer Simulator (QSim) toolkit was launched by the Ministry of Electronics and Information Technology (MeitY). It will serve as an important educational / research tool that would attract students/researchers to the field of Quantum Technology and provide a platform to acquire the skills of ‘programming’ and ‘designing’ real Quantum Hardware.
  • Quantum Computing is a rapidly emerging computational paradigm which can perform a variety of tasks with greater speed and efficiency than present day digital computers by harnessing the power of Quantum Mechanics. In areas such as cryptography, computational chemistry and machine learning, Quantum computing promises exponential growth in computing power. QSim is a first-of-its-kind toolkit to be indigenously developed and is intended to be a vital tool in learning and understanding the practical aspects of programming using Quantum Computers and thus herald a new era of Quantum Computing research in India.
  • Besides, the QSim toolkit is in alignment with Honourable Prime Minister NarendraModi’s vision for transforming India into a self-reliant nation by 2022, which is part of the central government’s flagship programme called AatmaNirbhar Bharat. It is a proud moment for the entire QSim Toolkit team, who have worked relentlessly on the initiative to enable a toolkit for advancing Quantum Computing research in India.


Defense Minister Rajnath Singh renamed Army Sports Institute Stadium in Pune as "Neeraj Chopra Stadium"

  • RakshaMantri, ShriRajnath Singh visited the Army Sports Institute, Pune,. He was accompanied by Chief of Army Staff, General ManojMukundNaravane and Southern Army Commander, Lieutenant General JS Nain.
  • During his maiden visit, the RakshaMantri felicitated Olympians from the three services. In the unveiling ceremony, he named the Army Sports Institute stadium as “Neeraj Chopra Stadium”. He then addressed the troops and interacted with the budding sportsmen of Army Sports Institute.
  • In a tweet RakshaMantri said “Felicitated SubedarNeeraj Chopra at the Army Sports Institute in Pune today for his amazing performance at Tokyo Olympics. He made the country proud by winning the Olympics Gold Medal. Now, the ASI has renamed the Stadium after him. Wishing him success in his future endeavours.”
  • “Delighted to facilitate all the Armed Forces personnel who participated in the Tokyo Olympics. My good wishes to them for a successful career ahead,” he added.
  • ShriRajnath Singh hoped that India would become a top sports nation in future and host Olympics.
  • The Indian Army’s “Mission Olympics” programme was launched in 2001 with an intent to deliver medal winning performances in Olympics and other international events. The focus of the Indian Army is to identify and train promising sportspersons in 11 disciplines. Mission Olympics of Indian Army through Army Sports Institute has been spearheading this initiative of the Army.

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