Daily Current Affairs 12 August 2019: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 12 August 2019. It includes all Major National, International, Business and Sports related current affairs of 12 August 2019. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 12 August 2019 Current affairs test.

National News

1. Vikram Sarabhai’s 100th Birth Anniversary

  • The founder of ISRO and Father of Indian Space Program, Vikram Sarabhai’s 100th birth anniversary is observed on August 12.
  • The Indian Space Research Organisation is the space agency of the Government of India headquartered in the city of Bengaluru. Its vision is to “harness space technology for national development while pursuing space science research and planetary exploration.”
  • Director: Kailasavadivoo Sivan || Headquarters: Bengaluru || Founder: Vikram Sarabhai || Founded: 15 August 1969 || Subsidiary: Vikram Sarabhai Space Centre

2. Periodic Labour Force Survey (PLFS) 2017-18

  • Periodic Labour Force Survey (PLFS) 2017-18 was conducted by National Sample Survey Office.
  • 33% of India’s skilled youth are jobless means 4 out of 10 youth who received vocational training are out of labour force.
  • NSSO: Parent Organization: Ministry of Statistics of the Government of India || Established: 1950

3. National Liberation Front of Tripura

  • Indian Government has signed an Memorandum of Settlement with Tripura Government and banned rebel outfit National Liberation Front of Tripura.
  • National Liberation Front of Tripura led by Sabir Kumar Debbarma agreed to abjure the path of violence, joined the mainstream and abided by Constitution of India.
  • The National Liberation Front of Tripura is a Tripuri nationalist militant organisation based in Tripura, India. It has an estimated 550 to 850 members. The NLFT seeks to secede from India and establish an independent Tripuri state, and is an active participant in the Insurgency in Northeast India.

International News

1. World Elephant Day

  • World Elephant Day is an international annual event on August 12, dedicated to the preservation and protection of the world’s elephants.
  • It was launched by Patricia Sims and the Elephant Reintroduction Foundation on August 12,2012.

2. Eastern Economic Forum

  • The 5th edition of Eastern Economic Forum will be held at Vladivostok, Russia in September, 2019.
  • PM Modi will be the guest of honour at 5th edition of Eastern Economic Forum.
  • Eastern Economic Forum is an international forum held each year in Vladivostok, Russia, for the purpose of encouraging foreign investment in the Russian Far East.

3. Ambassador of India to the Republic of Congo

  • Ghotu Ram Meena has been appointed as the next Ambassador of India to the Republic of Congo.
  • Republic of Congo: Capital: Brazzaville || Currency: Central African CFA franc

Business News

1. Saudi Aramco with Reliance Industries Ltd

  • Saudi Aramco will buy 20% stake of Reliance Industries Ltd’s Oil and Chemicals Business for about $15 billion.
  • It is the second biggest FDI deal in the country after Walmart in Flipkart.
  • Saudi Aramco, officially the Saudi Arabian Oil Company, is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia.
  • t is one of the largest companies in the world by revenue, and according to accounts seen by Bloomberg News, the most profitable company in the world.
  • CEO: Amin H. Nasser || Headquarters: Dhahran, Saudi Arabia

2. Morgan Stanley Capital International

  • Morgan Stanley Capital International has added HDFC Life Insurance Company Ltd. to its Global Standard Index.
  • MSCI Inc is a global provider of equity, fixed income, hedge fund stock market indexes, and multi-asset portfolio analysis tools.
  • MSCI: CEO: Henry A. Fernandez || Headquarters: New York
  • HDFC Life Insurance Company: Headquarters: Mumbai || MD&CEO: Vibha Padalkar

3. Huawei’s New Operating System

  • Huawei Technologies has launched its own Operating System named HarmonyOS.
  • Huawei Technologies: Headquarters: Shenzhen, China || Chairman: Liang Hua

Sports News

1. Tbilisi Grand Prix 2019

  • Wrestler Bajrang Punia has won gold in 65kg men’s freestyle competition at Tbilisi Grand Prix 2019 in Georgia.
  • He defeated Peiman Bibyani of by 2-0.

2. Ultimate Table Tennis 2019

  • The 3rd edition of Ultimate Table Tennis (UTT) 2019 was concluded.
  • Chennai Lions defeated Dabang Delhi in final to lift UTT Season 3 Trophy 2019.
  • The Ultimate Table Tennis is a professional level table tennis league in India. It was launched in 2017 and contested by 6 teams.
  • It is organized by 11 Sports promoted by Niraj Bajaj and Vita Dani and held under the aegis of Table Tennis Federation of India.

3. Bulgarian Junior International Championship 2019

  • Indian Junior Shuttlers have won 3 Gold, 1 Silver and 2 Bronze at Bulgarian Junior International Championship 2019.
  • The Badminton World Federation is the international governing body for the sport of badminton recognised by the International Olympic Committee. Founded in 1934 as the International Badminton Federation with nine member nations, the BWF has since expanded to 176 member nations around the world.
  • BWF: Formation: 1934 || Headquarters: Kuala Lumpur, Malaysia || President: Poul-Erik Høyer Larsen

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