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September 04, 2019

4th September 2019 Daily Current Affairs - PDF Download

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Dear Great Ambitionists, here are today's (4th September 2019) Important Current Affairs updates. You can download the pdf version of these current affairs from below link. Check complete Daily Current Affairs of the year 2019 from HERE. Happy Reading :)

Daily Current Affairs of 4th September 2019

International Current Affairs
  • Prime Minister Narendra Modi embarked on a 3-day visit to Russia.
    • During this visit, he will participate in the 20th India-Russia Annual Summit.
    • He will also  meet Russian President Vladimir Putin and discuss bilateral partnership as well as regional and international issues of mutual interest. 
    • During his visit, Modi will also address the 5th Eastern Economic Forum as the Chief Guest.
  • UK Prime Minister Boris Johnson today proposed to hold snap general elections on October 15 after suffering a defeat in the Parliament over his bid to ensure a no-deal Brexit.
  • Israeli PM Benjamin Netanyahu has postponed his trip to India for the second time this year. 
    • He was scheduled to visit India on September 9 but postponed the trip due to elections in Israel on September 17. 
    • Elections are being held in Israel again as no party was able to secure a governing majority after the April elections.
  • Yudh Abhyas – 2019, the joint military training exercise between India and United States (US) will start at Joint Base Lewis Mc Chord, Washington, US tomorrow (5th September 2019).
    • This exercise is being conducted as part of the ongoing Indo-US defence cooperation. 
    • This will be overall 15th edition of the joint exercise hosted alternately between the two countries.
    • It is one of the largest joint running military training and defence corporation endeavors between both countries. 
  • The 1st ASEAN-US Maritime Exercise (AUMX) between regional bloc- Association of Southeast Asian Nations (ASEAN) and United States kicked off at the Sattahip Naval Base in Thailand.  
    • The 5 day naval exercise is co-led by the navies of US and Thailand. 
    • It will stretch into international waters in Southeast Asia, including Gulf of Thailand and South China Sea and conclude in Singapore.
  • India and Pakistan today agreed to visa-free travel of Indian pilgrims, without any restrictions based on their faith for the Kartarpur Sahib Corridor.
    • The understanding was reached during the 3rd round of talks on the modalities for operationalization of the Kartarpur Sahib Corridor held today at Attari.
  • External Affairs Minister S Jaishankar is in the Maldives to attend the 4th edition of the Indian Ocean Conference. 
    • During this visit, he met Speaker of the Maldives Parliament Mohamed Nasheed in Male today. 
    • The two leaders discussed the ways to work together on shared goals. 
Banking, Business & Economic Affairs
  • The Union Cabinet has announced cash infusion worth about ₹9000 crore on a one-time basis in the financially-troubled IDBI Bank
    • The government is planning to infuse ₹4,557 crore, with LIC, holding 51% stake, providing another ₹4,700 crore. 
    • The money will be invested as part of the ₹70,000 crore bank recapitalisation plan, announced by Finance Minister Nirmala Sitharaman in August.
  • Nearly a month after Centre revoked Article 370, Maharashtra and Karnataka have announced plans to build resorts in J&K and Ladakh.
  • Anil Ambani's Reliance Power has signed a partnership agreement with Japan's JERA to set up a 750 megawatt, gas-based combined cycle power plant in Bangladesh
    • Reliance Power will hold a 51% stake while JERA will hold a 49% stake in the joint venture. 
  • India has announced contribution of $22 million to Global Fund for AIDS, TB and Malaria (GFTAM) for 6th Replenishment Cycle (for year 2020-22). 
    • This is an increase of 10% over the amount contributed by India in 5th cycle.
Science & Technology
  • The Indian Air Force (IAF) inducted 8 Apache AH-64E attack helicopters at Pathankot Air Force station. 
    • The Apache AH-64E helicopters are made by US company Boeing and will give a major boots to combat capabilities of Indian Air Force.
  • Chinese rover Yutu-2, or Jade Rabbit-2, has discovered a "gel-like" substance inside a crater on the Moon's surface. 
    • Yutu-2 rover is part of the Chang'e 4 mission, under which the first human-made object soft-landed on Moon's far side.
MOUs & Agreements
  • India and Russia signed 15 agreements taking bilateral cooperation to a new high at the 20th annual summit in Vladivostok today.
    • The agreements include :
      • 4 in the area of oil and gas, LNG and coking coal
      • 5 in trade and investments
      • 2 in infrastructure 
      • 1  in defence 
      • 1 in audiovisual production.
    • Major Agreements :
      • The MoU on defence is about the production of spare parts for Russian origin arms under Make-in-India program through joint ventures. Through this agreement, the relationship between both countries will be enhanced from buyer-seller to co-producers.
      • The MoUs in infrastructure relate to the establishment of maritime links between Vladivostok and Chennai to improve connectivity.  
      • Other MoUs relate to the exploration of cooking coal in the Arctic region, sourcing LNG from Russia. 
      • An agreement has also been exchanged for combating customs violations during 2019-22.
    • An agreement between Invest India and the Russian Direct Investment Fund has been signed for Investment Collaboration.
    • Note : The agreements were exchanged in the presence of Prime Minister Narendra Modi and Russian President Vladimir Putin after the restricted and delegation-level talks.
Recent Committees in News
  • A 6 member Task-force on developing a vibrant secondary market for corporate loans constituted by the Reserve Bank of India (RBI) has called for setting up a central loan contract registry to remove information asymmetries between buyers and sellers. 
    • Head of the Taskforce : TN Manoharan (Canara Bank chairman)
  • A ministerial panel led by Finance Minister Nirmala Sitharaman will study a Health Ministry proposal to ban e-cigarette sales in India through an ordinance.
Awards & Honors
  • Vaishno Devi Shrine in Jammu and Kashmir has been declared as the 'Best Swachh Iconic' place in the country in the 'Swachh Iconic Places' list released by Jal Shakti Ministry.
    • It was adjudged on the basis of overall improvement in sanitation. 
    • Chhatrapati Shivaji Terminus (CST) in Mumbai has also been named as the 'Best Swachh Iconic' place.
New Appointments
  • Chief Election Commissioner (CEC) Sunil Arora assumed Chairmanship of Association of World Election Bodies (A-WEB) for the term 2019-21.
    • Important Points to Note :
      • AWEB is a multilateral platform for election management bodies from across the world to share best electoral practices.
      • India has taken over the AWEB Chair from Romania for 2 year period. 
  • Saudi Arabia has named Yasir al-Rumayyan, head of the country's sovereign wealth fund, as the Chairman of state oil giant Aramco
    • He is going to replace Khalid Al-Falih.
  • Former India spinner Sunil Joshi has been appointed as coach of Uttar Pradesh Ranji team for a one-year term.
Sports Current Affairs
  • Indian cricketer and the captain of the Indian women's cricket team in Tests and ODI Mithali Raj announced her retirement from T20I cricket
    • She led India in 32 T20Is including three Women's T20 World Cups in 2012 (Sri Lanka), 2014 (Bangladesh) and 2016 (India).
    • She was also the captain in India Women's first-ever T20I in 2006. With 2,364 runs in 89 T20Is.
    • Important Note : Mithali Raj is India Women's highest run-scorer in T20I cricket.
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