Current Affairs for SSC CGL Exams - 23 August 2021

SSC CGL Current Affairs

Current Affairs for SSC CGL Exams - 23 August 2021

::NATIONAL::

CVC reappoints TM Bhasin as chairman of advisory board

The Central Vigilance Commission (CVC) re-appointed T M Bhasin as chairman of the Advisory Board for Banking and Financial Frauds (ABBFF), a panel constituted to examine bank frauds of over Rs 50 crore and recommend action.
The re-appointment of Bhasin is with effect from August 21, for a further period of two years, as per the circular issued by CVC.
Bhasin, a veteran banker, served as vigilance commissioner in the CVC for four years from June 2015 to June 2019. Prior to vigilance commissioner, he was chairman and managing director of Chennai-based Indian Bank for more than five years.
Other members of the said ABBFF will be Madhusudan Prasad, former secretary of Ministry of Urban Development; D K Pathak, former director-general of BSF; and David Rasquinha, former managing director of EXIM Bank.
Prime Minister NarendraModi, while addressing the industry captains in August 2019, had reassured the corporates that all steps would be taken to spur growth of the economy. For this purpose, all bonafide credit decisions of the bankers would be protected and there would not be any witch-hunting, taking the benefit of hind-sight, Modi had added.
The CVC, in consultation with the Reserve Bank of India (RBI), thereafter constituted the ABBFF comprising of four members on August 21, 2019, for an initial term of two years.

::INTERNATIONAL::

Konkan Exercise 2021 (Exercise Konkan 2021) was organized

Exercise Konkan 2021 was held between INS Tabar and HMS Westminster on 16 August 2021 in the English Channel.
The exercise included the participation of integral helicopters of the two ships and the Falcon Electronic Warfare aircraft.
A wide range of exercises including co-ordinated anti-submarine procedures, firing drills, combined maritime picture compilation, combat formation maneuvering and replenishment at sea were conducted.
These along with the diverse professional engagements held earlier in harbour, have enabled Exercise Konkan 2021 consolidate interoperability and helped cement the strong bonds of friendship the between the two navies.

::ECONOMY::

World Bank opens new Cyber Security Multi Donor Trust Fund

The World Bank announced today the launch of a new Cybersecurity Multi-Donor Trust Fund under the broader Digital Development Partnership (DDP) umbrella program.
Digital transformation is accelerating in many countries, offering new opportunities for economic growth and enabling low- and medium-income countries to leapfrog development through increased productivity and improved service delivery across key sectors, including finance, health, education, and agriculture.
Embracing technological transformation has increased cyber risks and threats to digital infrastructure, services, and data, which rely on increasingly connected systems.
As digital transformation becomes essential to the functioning of states, economies, and societies, cybersecurity solutions must keep up. A partnership approach can help build trust, improve awareness, and deliver the technical solutions that countries require.
“COVID-19 has highlighted the vital role digital technologies and applications play in a resilient development agenda. It keeps people, businesses, and public services connected. As governments are rapidly scaling up their investments into digital technologies, cybersecurity has become a pressing concern to ensure a safe and secure digital transformation for all,” said BoutheinaGuermazi, Director of the World Bank’s Digital Development Global Practice. “Fostering safe digital inclusion is of paramount importance for the World Bank’s work in helping countries reduce poverty, tackle inequality, and accelerate economic growth.”

::SCIENCE AND TECH::

Asteroid bigger than Empire State Building to pass Earth today

An asteroid will fly past Earth at a distance of just 3.4 million kilometres or 2.1 million miles, the closest approach in more than six decades. The National Aeronautics and Space Administration (Nasa) has listed asteroid 2016 AJ193, which is larger than 99 per cent of all known Near-Earth Objects, as 'potentially hazardous', defined based on parameters that measure the asteroid's potential to make threatening close approaches to our planet.
It will be travelling at a massive speed of 94,208 kilometres per hour and astronomers will be able to see the 1.4-kilometre-wide asteroid move past our planet in its orbit via a telescope. By comparison, the Empire State Building in New York is around 1,250 feet tall.
"Closest approach to Earth will occur on August 21, 2021, at 11:10 a.m. ET (8:40pm IST). This means amateur astronomers with 8-inch telescopes (or larger) have an opportunity to see this asteroid glide by early on August 21, just hours before sunrise," according to Earth Sky.
Nasa has also said that the object will come close to Earth next time on February 22, 2063. According to Nasa, asteroids that can't get any closer to the Earth than roughly 7,480,000km or 4,650,000 miles or are smaller than about 500 feet in diameter are not considered potentially hazardous.

::SPORTS::

India's Shaili Singh won silver medal in women's long jump at the World Athletics Under-20 Championships in Nairobi

India's Shaili Singh won the silver medal in women's long jump at the World Athletics U20 Championships in Nairobi with a best attempt of 6.59m.
She came agonisingly close to the gold medal, falling short by just 0.01m, with Sweden's MajaAskag winning it with a best effort of 6.60m. Ukraine's MariiaHorielova took the bronze medal. It was India's second silver medal -- and third overall -- at this year's edition of the U20 Championships.