- ASK Emerging Opportunities Fund: It was launched by ASK Investment Managers Ltd (ASK IM). The fund is the country’s first digital alternate investment fund. Through this fund, the company aims to raise Rs 1000 crore. This fund is a close-ended Category-III long-only alternate investment fund.
- Static Part:
- HQ of ASK IM: Mumbai
- As per India Ratings and Research (Ind-Ra), India’s GDP is to be at 9.4% for FY22. Earlier it had estimated GDP to be at 9.6% for the same. The reason behind the degradation of GDP is the vaccination of the adult population (18+) will not be entirely achieved by 31st Dec 2021.
- Static Part:
- HQ of Ind-Ra: Mumbai
- The Chief Minister of Delhi, Arvind Kejriwal will inaugurate India’s first smog tower at Baba Kharak Singh Marg, Connaught Place. The smog tower will clean 1,000 cubic metres of air per second and will help to reduce PM 2.5 and PM 10 levels in the capital.
- ‘Plugin Alliance’: It is the first of its kind industry technology alliance to boost the industry 4.0 revolution in the country. It is jointly launched by Intel India and Society for Innovation and Entrepreneurship (SINE) of IIT Bombay. The alliance will be having members from large enterprises, SMEs technology solution providers, systems integrators, startups, the startup ecosystem including funding partners, relevant incubators, government, and industry bodies.
- As per ISRO, the BRICS nations have signed an agreement to cooperate in remote sensing satellite data sharing. The agreement will help to build a virtual constellation of specified remote sensing satellites of BRICS space agencies and their respective ground stations will be able to receive the data.
- Static Part:
- HQ of ISRO: Bengaluru
- Chairman of ISRO: K Sivan
- Important Days and Themes: Sanskrit Week: It is being observed from 19th Aug to 25th Aug 2021
- 22nd Aug 2021: World Sanskrit Day. It is celebrated every year on Shraavanapoornima, which is the Poornima day of the Shraavana month as per the Hindu calendar
- 22nd Aug 2021: International Day Commemorating the Victims of Acts of Violence Based on Religion or Belief
- Obituaries: Kalyan Singh: He was the Former Chief Minister of Uttar Pradesh.
- Exim Bank Extended Soft Loan Support to the Guinea
- Appointments and Resignation on 22nd August 2021
- ‘Small Business Loans Initiative’—Facebook India and Indifi
- NIPL partnered with Mashreq Bank
Question:
Q.1 In partnership with which institute has Intel India launched ‘Plugin Alliance’ to boost the industry 4.0 revolution in the country?
a. IIT Roorkee
b. IIT Kanpur
c. IIT Bombay
d. IIT Madras
a. IIT Roorkee
b. IIT Kanpur
c. IIT Bombay
d. IIT Madras
