DAILY CURRENT AFFAIRS 25TH AUGUST 2024

1) Harish Muthu Became The First Indian Super To Secure An Asian Games 2026 Quota. 

2) Indian Wrestler For The First Time Champion With 5 Gold, 1 Silver And 2 Bronze Medals At U17 Wrestling Championship At Jordan. ( 8 Medals) 

3) World's First Mobile Hybrid Reusable Rocket Rhumi-1 Has Launched From Chennai. 

( This Rocket Has Developed By Space StartUp Space Zone And Martin Group) ( Launched on 24th August 2024) 

* FEATURE - Has Potential To Reduce The Cost Of Future Space Mission) 

* It Carries a Payload Of 3 Cube Satellites And 50 PICO Satellites 

4) Indian Cricketer Shikhar Dhawan Announced Retirement From International Cricket & Domestic Cricket. 

5) US Approves The Sale Of Anti-Submarine Warfare Sonobuoys To India. 

6) Former Swedish Tennis Player Peter Lundgren, Coach Of Roger Federer Passed Away. 

7) 20th Edition Of Governor's Cup State Level Fencing Championship 2024 Kicked Off At Imphal. Manipur,

8) Thailand Became The First Asian Country To Detect a New Mutated Strain Of Mpox Virus. 

9) World's 2nd Largest 492 Carat Diamond Discovered In Botswana By X-Ray Technique.

10) Bandhan Bank Has Launched Avni Saving Account Scheme For Women Customer.

11) Union Minister Sarbananda Sonowal Has Inaugurated The Port Projects And Launches Skilling Program At Jawaharlal Nehru Port 

12) Indra Nooi Has Been Appointed As The ICC New Director For Next 6 Years.

( ICC's First Female Independent Director) 

13) M Suresh Has Been Appointed As The New Chairman Of The Airport Authority Of India (AAI).

14) Rajesh Nambiar Has Been Appointed As President Of NASSCOM.

15) Union Cabinet , Chaired By PM Narendra Modi Approved The Unified Pension Scheme (UPS) 

FEATURES OF UPS - 

* Assured Pension 50% Of The Average Basic Pay Drawn Over The Last 12 Months Prior To Superannuation For a Minimum Qualifying Service Of 25 Years. 

( This Pay Is To Be Proportionate For Lesser Service Period Upto a Minimum Of 10 Years Of Service) 

* Assured Family Pension 60% Of Pension Of The Employee Immediately After Her/His Demise. 

* Assured Minimum Pension 10,000 Per Month On Superannuation After Minimum 10 Years Of Service. 

* Inflation Indexation - On Assured Pension, On Assured Family Pension And Assured Minimum Pension. 

* Dearness Relief Based On All India Consumer Price Index For Industrial Workers ( AICPI-IW) As In case Of Service Employees. 

* Lamp Sum Payment At Superannuation In Addition To Gratuity.

16) Union Cabinet Has Approved BioE3 ( Biotechnology For Economy, Environment And Employment) Policy For Fostering High Performance Bio manufacturing. 

17) Union Cabinet Has Approved The Continuation Of 3 Umbrella Schemes Of Department Of Science And Technology, Merged Into a Unified Sector Scheme VIGYAN DHARA 

18) Assamese Singer Zubeen Garg To Recive The Honorary Doctorate From USTM. 

19) India's Esow Alben Has Won Silver Medal In Men's Elite Keirin Event At Korea Track Cup. 

20) According To Knight Frank Report 2024 Mumbai Became The 2nd Globally In Property Price Growth.