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07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 7th August 2021 covering the following news headlines: National Handloom Day, INS Vikrant, Eurosport, International Conference on Range Technology, Mangdechhu Hydroelectric Project, SBI General Insurance.

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of 7th August 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Top 13 Daily GK Updates: National & International News

Here is providing below the top 13 important Daily General Knowledge GK 2021 updates with national & international news

National News

1. Power minister launches e-certification programme to provide regulatory training

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_3.1

  • Power Minister R K Singh has launched an e-certification programme, ‘reform and regulatory knowledge base for power sector’, to provide regulatory training.
  • The Union Minister for Power and New & Renewable Energy R K Singh launched ‘reform and regulatory knowledge base for power sector’, an e-certification programme to provide regulatory training to the practitioners from diverse backgrounds through virtual mode.
  • R K Singh also launched a Regulatory Data Dashboard which is an e-compendium of data containing state-wise details of tariff and power discoms (distribution companies) performance, developed by IIT Kanpur. The Dashboard would assist in benchmarking the sector performance, over time and across the power sector utilities.

State News

2. Labhanshu Sharma wins Bharat Kesari Wrestling Dangal for Uttarakhand

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_4.1

  • Indian Wrestler Labhanshu Sharma won the Bharat Kesari Wrestling Dangal 2021 organised in Tamil Nadu. 20 years since the formation of Uttarakhand, Labhanshu has broken the drought and won the title of Bharat Kesari for the state.
  • With 15 gold medals at the state level and 10 medals at the national level and 2 gold medals and 1 silver medal in the International Wrestling competitions; Labhanshu is already set to bring glory to the nation.

Important takeaways for all competitive exams:

  • Governor of Uttarakhand: Baby Rani Maurya;
  • The chief minister of Uttarakhand: Pushkar Singh Dhami.

3. India’s first Heart Failure Biobank starts at SCTIMST in Kerala

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_5.1

  • The first Heart Failure Biobank in the country has come up at the National Centre for Advanced Research and Excellence in HF (CARE-HF) at the Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST), Kerala.
  • The Biobank is open to study genetic, metabolomics and proteomic markers of health outcomes in heart-failure patients.
  • Biobanks are an important resource of collections of high-quality biological human samples that can be used to understand molecular pathways and to improve the diagnosis, prognosis and treatment of heart failure.
  • The biospecimens include blood, serum and tissue samples obtained during open-heart surgery and peripheral blood mononuclear cells (PBMCs) and genomic DNA collected from heart-failure patients.

Important takeaways for all competitive exams:

  • Kerala CM: Pinarayi Vijayan;
  • Kerala Governor: Arif Mohammad Khan.

Banking News

4. Suryoday Small Finance Bank opens ‘Health and Wellness Savings account

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_6.1

  • Suryoday Small Finance Bank (SSFB) has launched a ‘Suryoday Health and Wellness Savings Account’ to help customers grow their wealth and also take care of their family’s health amid the covid-19 pandemic.
  • The account offers an attractive interest rate and comes with three major benefits for a family of four — top-up health insurance of ₹25 lakh, annual healthcare package and on-call emergency ambulance medical care services.
  • Complimentary top-up health insurance plan of ₹25 lakh with a deductible amount of ₹5 lakh.
  • The top-up health insurance plan covers self and family (self, spouse, and up to 2 children) for hospitalisation/medical emergencies.

Important takeaways for all competitive exams:

  • Suryoday Small Finance Bank MD and CEO: Baskar Babu Ramachandran;

Business News

5. SBI General partners with SahiPay to offer general insurance products

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_7.1

  • SBI General Insurance, one of India’s leading General Insurance companies, announced a tie-up with Manipal Business Solutions to increase insurance penetration in the rural markets.
  • SahiPay, the fastest growing tech-enabled financial inclusion platform of Manipal Business Solutions, provides digital and financial services to customers in semi-urban and rural India.
  • This partnership will bring in a perfect blend for rural customers, with SBI General’s non-life product offerings and Manipal Business Solutions, along with the right understanding of the rural segment by both partners.

Important takeaways for all competitive exams:

  • SBI General Insurance Headquarters: Mumbai;
  • SBI General Insurance Founded: 2009;
  • SBI General Insurance CEO: Prakash Chandra Kandpal.

Awards News

6. Mangdechhu Hydroelectric Project in Bhutan gets Brunel Medal

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_8.1

  • Bhutan’s India-assisted Mangdechhu Hydroelectric Project was conferred with the Brunel Medal awarded by the London-based Institution of Civil Engineers (ICE).
  • The award was given as a mark of excellence in civil engineering within the industry and was handed over by the Indian envoy to Bhutan Ruchira Kamboj to the Chairman of Mangdechhu Hydroelectric Project Authority, Lyonpo Loknath Sharma.
  • One of the reasons the Mangdechhu project was awarded was because of its social and environmental credentials.
  • The project will reduce 2.4 million tonnes of greenhouse gas emissions each year.
  • Bhutan and India in the past have collectively resolved to increase the hydropower energy capacity of Bhutan to 12000 MW.
  • The Brunel Medal is historically given to major projects and organisations across the world.

Important takeaways for all competitive exams:

  • Bhutan Capital: Thimphu;
  • Bhutan Prime minister: Lotay Tshering;
  • Bhutan Currency: Bhutanese ngultrum.
 Summits and Conference News

7. 2nd IEEE International Conference on Range Technology by DRDO

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_9.1

  • The 2nd Institute of Electrical and Electronics Engineers (IEEE) International Conference on Range Technology (ICORT-2021) is being held virtually.
  • The conference has been organised by Integrated Test Range (ITR) Chandipur, a laboratory of Defence Research and Development Organisation (DRDO).
  • It was inaugurated by Secretary, Department of Defence R&D and Chairman DRDO Dr G Satheesh Reddy. The event will host speakers from across the globe, who will present their technological achievements in multiple subjects related to Tests and Evaluation of defence systems.
  • The conference will be a very effective platform for all the Range Technology enthusiasts to interact with each other and stay updated with recent developments in relevant fields.

Appointments News

8. Eurosport India appoints John Abraham as the MotoGP Brand Ambassador

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_10.1

  • Eurosport India has appointed Bollywood superstar and MotoGP enthusiast, John Abraham, as the India Ambassador for their flagship Motorsport property, MotoGP™.
  • John will be seen promoting MotoGP to a wider audience base in India as its face through Eurosport’s campaign – “MotoGP, Race Lagate Hai”.

Defence News

9. Indigenously designed INS Vikrant leaves port for maiden sea trials

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_11.1

  • India’s first indigenous aircraft carrier, Vikrant set sail to begin its first sea trial. INS Vikrant was designed by the Indian Navy’s Directorate of Naval Design (DND) and built at Cochin Shipyard Limited (CSL).
  • This advanced warship is the first attempt by the two entities to build an aircraft carrier from the ground up.
  • INS Vikrant has 75 per cent indigenous content and will be commissioned into the Eastern Naval Command. It will be commissioned into the Indian Navy by August 2022.

Sports News

10. Neeraj Chopra wins Olympic gold medal in Javelin throw

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_12.1

  • Neeraj Chopra has won a Gold medal for India in the javelin throw event at Tokyo Olympics. With a throw of 87.03 metres in his first attempt, Neeraj killed the competition.
  • In his second he improved it to 87.58m and that turned out to be the golden throw. Except for Viteszalav Veslay of the Czech Republic who threw 86.67m none of his rivals including world champion Johannas Vetter fell by wayside.
  • This is India’s 7th medal at Tokyo 2020, the best ever medal haul for India at a single edition of the Games. Neeraj Chopra’s Gold is also India’s second-ever individual Gold medal at the Olympics, after Abhinav Bindra in Shooting.

11. Tokyo Olympics 2020: Bajrang Punia wins Olympic wrestling bronze medal

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_13.1

  • Indian wrestler Bajrang Punia has won the Olympic wrestling bronze medal match after 8-0 win over Daulet Niyazbekov of Kazakhstan in the men’s freestyle 65kg category.
  • Punia became the sixth Indian wrestler to finish on the Olympic podium after KD Jadhav, Sushil Kumar, Yogeshwar Dutt, Sakshi Malik and Ravi Kumar Dahiya. This became the second instance after the 2012 London Olympics when two Indian wrestlers won medals in the same Games.

Important Days

12. National Handloom Day observed on 7th August

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_14.1

  • India has marked the 7th National Handloom Day to showcase the legacy of the Indian handloom industry.
  • The day is to commemorate the Swadeshi Movement and to celebrate our country’s rich fabrics and colourful weaves.
  • The whole nation will mark the day to showcase the legacy of the Indian handloom industry and to honour the weavers across the country. It was first observed in 2015 by the Govt of India.
  • National Handloom Day seeks to focus on the contribution of handloom to the socio-economic development of the country and also increase the income of weavers.

Miscellaneous News

13. Ladakh launches ‘Pani Maah’ to raise awareness about clean water

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_15.1

  • ‘Pani Maah’ or water month has been launched in Ladakh to inform villagers about the importance of clean water.
  • The Ladakh government has also announced a reward of Rs 2.5 million for the first block in each district that achieves the status of ‘Har Ghar Jal’.
  • ‘Pani Maah’ campaign will adopt a three-pronged approach — focussing on water quality testing, planning and strategizing water supply, and seamless functioning of Pani Sabha in villages.
  • Only 11.75 per cent of rural households in Ladakh have access to tap water connections. The Pani Maah campaign is expected to expedite the implementation of the Jal Jeevan Mission in the union territory.

Important takeaways for all competitive exams:

  • Lieutenant Governor of Ladakh: Radha Krishna Mathur.

Check More GK Updates Here

07th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_16.1

7 August | Prime Time Current Affairs | Current Affairs Today

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About the Author

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.