Current Affairs for BANK, IBPS Exams - 31 August 2021

Bank Exam Current Affairs

Current Affairs for BANK, IBPS Exams - 31 August 2021


INS Airavat arrives at Ho Chi Minh City Port in Vietnam with COVID relief material as part of the ongoing Mission Sagar

  • The Ministry of Defence in its release said that INS Airavat reached Ho Chi Minh City Port in Vietnam with COVID relief materials as part of the ongoing 'Mission SAGAR' (Security and Growth for All in the Region). The ministry stated that as requested by the Government of Vietnam, the ship carried 100 Metric Tons of Liquid Medical Oxygen in 05 ISO Containers.
  • Apart from this, it also carried 300 Oxygen Concentrators of 10 LPM capacity to provide to the country in its fight against the ongoing Coronavirus pandemic, which has wreaked havoc across the world since last year. 
  • Taking to Twitter, External Affairs Minister (EAM) S Jaishankar also informed about the development, and said, "INS Airavat reaches Vietnam with oxygen supplies. Indo-Pacific approach in practice [sic]." Before heading to Vietnam, the ship had gone to TanjungPriok Port in Jakarta on August 24 at the request of the Government of Indonesia. The ship disembarked 10 Liquid Medical Oxygen containers to the country, said the defence ministry's release.
  • As per the ongoing programme, the Indian Navy has been carrying out numerous humanitarian missions to help nations in their fights against the pandemic. The Indian Navy's missions span the entire extent of the Indian Ocean, including South East Asia and East Africa. Sharing a strong traditional bond of friendship, India and Vietnam have been proactively engaged together towards a safer maritime domain. 

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US: Hurricane Ida hits the state of Louisiana

  • Hurricane Ida's fierce Category 4 winds and torrential rain left the Louisiana coastline badly beaten.
  • Images of the effected areas days after the storm show crushed homes, debris scattered across streets, and flooded neighborhoods.
  • As cleanup is underway, officials are warning residents who evacuated not to return to their homes just yet due to the severe damage.
  • When the storm made landfall, its winds were as high as 150 mph, which tore roofs from homes and trees from their roots. It was eventually downgraded to a tropical depression by Monday as it moved across Mississippi.
  • Hurricane Ida hit New Orleans on the 16th anniversary of Hurricane Katrina-- the costliest storm on record in U.S. history. Katrina, which caused massive damage to New Orleans, was a Category 3 storm when it hit. Though a weaker storm (winds during Hurricane Katrina reached 125 mph), it was larger in size than Hurricane Ida, which experts attribute to why Katrina caused so much damage ago.


India and Germany joint maritime exercise in Gulf of Aden

  • India and Germany conducts joint maritime exercise in Gulf of Aden
  • The India Navy and the Germany Navy carried out a joint exercise in Gulf of Aden near Yemen on August 26, 2021, in the Indian Ocean leg of Indo-Pacific Deployment 2021.
  • The Indian Navy was represented by frigate “Trikand” while the German Navy was represented by frigate “Bayern”.
  • The exercise included helicopter (cross deck helo) landings and visit, board, search, and seizure (VBSS) operations.
  • The joint exercise aimed at enhancing interoperability and exchange of best practices between the navies of the two countries in maritime domain.

Bank of Baroda ED Shanti Lal Jain appointed as MD and CEO of Indian Bank

  • Bank of Baroda on Monday said Shanti Lal Jain would cease to be its executive director from September due to his appointment as the MD & CEO of Indian Bank.
  • Jain's cessation as the executive director of Bank of Baroda will be effective from September 1, 2021, the bank said in a regulatory filing.
  • Giving reason for his cessation, the public sector lender said Jain has been appointed as the Managing Director and Chief Executive Officer of Indian Bank, to be effective on or after September 1, 2021.

::Science and Tech::

IIT Roorkee and NDMA develop app to forecast natural disasters

  • Earlier in the month of August, IIT Roorkee in partnership with the Uttarakhand State Disaster Management Authority developed a mobile application that would detect early signs of an earthquake and accordingly deliver warnings to the users on Android and iOS smartphones. 
  • The app was named the 'UttarakhandBhookamp Alert'. It is one of the most useful applications in the state which is one of the most earthquakes hit regions. 
  • The application uses the Earthquake Early Warning system which is a real-time earthquake information system and can detect signs of potential earthquakes.
  • One of the most prestigious institutes in the country, IIT Roorkee is known for making some major inventions. In the wake of the COVID-19 situation, it had developed an application for helping in the surveillance of coronavirus patients. It not only helped in managing quarantine facilities but also in controlling overcrowding at any location.


Tokyo Paralympics: Sumit Antil wins gold in javelin throw

  • India's SumitAntil on Monday set a new world record to win the gold medal in the men's javelin throw (F64) event at the ongoing Tokyo Paralympics. With the best throw of 68.85 m in the final in Japan, he took India's medal count to 7.
  • Sumit began with a throw of 66.95m to top the standings after round 1 and set a new world record. He then consolidated his position with his second throw of 68.08m and smashed the previous world record. In the third and fourth throws, respectively, he threw 65.27m and 66.71.

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