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Daily Current Affairs 5th September 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 5th September 2023. It includes all Major National, International, Business and Sports related current affairs of 5th September 2023. 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 5th September 2023 Current affairs test.

Summits & Conferences
1. The 43rd ASEAN Summit Set to Occur in Jakarta

  • The summit, scheduled from September 5th to 7th, is set in Jakarta. Singapore’s Prime Minister’s Office released a statement highlighting discussions on ensuring the ASEAN bloc remains relevant in the changing regional landscape.
  • Objective: To delve into fortifying ASEAN ties and bolster cooperation in digital and eco-friendly economic sectors.

Banking & Finance
2. RBI Approves Bajaj Auto’s Subsidiary for NBFC Operations

  • Bajaj Auto’s subsidiary, Bajaj Auto Consumer Finance, announced that they’ve secured a Certificate of Registration from the RBI to initiate their non-banking finance company operations.
  • They further clarified that they’d conduct these financial operations without soliciting public deposits. The application for the NBFC license was submitted to RBI on July 9, 2023.

National & International Appointments
3. Gabon’s Interim Presidency Assumed by Military Leader Brice Oligui Nguema

  • Brice Oligui Nguema, who heads Gabon’s military junta, has been inaugurated as the interim President. This marks Gabon as the sixth French-speaking nation in recent years to transition to military governance, illustrating France’s waning influence in Africa.
  • Following the political upheaval, Gabon faced suspension from the African Union, with both the United Nations and France denouncing the coup.

4. IDFC FIRST Bank Merges Digital Rupee App with UPI QR Codes

  • IDFC FIRST Bank introduces a new feature by integrating UPI QR Codes into its Central Bank Digital Currency application, named IDFC FIRST Bank Digital Rupee.
  • Purpose: To promote the digital rupee’s adoption and increase its accessibility. This new addition streamlines the transaction process for vendors to accept digital rupee payments, enabling users to make payments with digital rupees across various merchant locations via existing UPI QR codes.

5. Outcomes of the Inaugural WHO Traditional Medicine Summit 2023 in Gujarat

  • The World Health Organization disclosed the “Gujarat Declaration” as the summit’s primary outcome document. The proclamation underscores global dedication to native knowledge, biodiversity, and traditional medicine.
  • WHO stressed the necessity for rigorous scientific evaluations to gain deeper insights and potentially adopt a more holistic, context-centric approach.

6. Minister Dharmendra Pradhan Announces Collaboration with Meta

  • The Union Education Minister, Dharmendra Pradhan, revealed a three-year collaboration between his Ministry and Meta in the capital city.
  • Aim: Equip students, educators, and business enthusiasts with digital and marketing proficiencies. Dharmendra Pradhan emphasized that the ‘Education to Entrepreneurship’ initiative could revolutionize digital skills at the grassroots.
  • Objective: Enhance the capabilities of the upcoming talent pool and bridge the gap between the youth and emerging technologies.

7. Inauguration of International Cruise Terminal at Visakhapatnam Port

  • The International Cruise Terminal at the Visakhapatnam Port is positioned to be a key hub for both national and international cruise tourism on the east coast. The state-of-the-art facility is anticipated to boost economic progress and benefit neighboring communities.
  • Cruise Terminal Details: A docking area stretching to 180 meters, supplemented with four mooring dolphins, increasing the total length to 300 meters.

State Affairs
8. AI-Driven Technology Cleans Meghalaya’s Umiam Lake

  • Meghalaya harnesses AI-powered robotic technology to maintain cleanliness at the popular tourist attraction, Umiam Lake. This technology, which collects significant amounts of trash efficiently, was launched in partnership with the Smart Village Movement and Clearbot, a tech firm based in Hong Kong.

National Affairs
9. ‘Koraput Kalajeera Rice’ of Odisha Secures GI Tag

  • Renowned for its distinctive scent and health benefits, Odisha’s ‘Koraput Kalajeera Rice’ has been recognized with the Geographical Indications (GI) status. Often referred to as the ‘Prince of Rice’, its appearance is reminiscent of coriander seeds.
  • The rice’s medicinal properties are touted to boost memory, manage diabetes, elevate hemoglobin levels, and stimulate metabolism. It predominantly thrives in regions like Tolla, Patraput, Pujariput, and Mohuli in the Koraput district.
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