Daily Current Affairs and GK | 7 September 2024

Topic: Sports

1. In the Under-20 World Championship, wrestler Jyoti Berwal won the gold medal.

• In wrestling, in the women's 76kg freestyle category, Jyoti Berwal won the gold medal at the Under-20 World Championships in Pontevedra, Spain.
• On 5 September, Jyoti won the title by defeating Ukraine's Mariya Orlevich in the final without allowing her to score a single point.
• Jyothi defeated Mongolian, Chinese, and Turkish rivals on her way to the final.
• This was India's second consecutive World Under-20 title in women's 76kg after Priya Malik claimed it in the 2023 edition.
• Indian wrestlers won two more medals in the same category.
• Komal won the bronze medal in 59 kg, and Shrishti won the bronze medal in 68 kg.

(Source: News on AIR)

Topic: MoUs/Agreement

2. US, UK, and EU signed the world's first AI treaty.

• On September 5, the United States, the European Union, and the United Kingdom took a historic step by signing the first legally binding international treaty on artificial intelligence (AI).
• The treaty was signed during the Council of Europe conference held in Vilnius, Lithuania.
• This groundbreaking agreement, known as the Council of Europe Framework Convention on Artificial Intelligence, Human Rights, Democracy, and the Rule of Law, is an important milestone in global efforts to regulate AI technologies.
• It underlines the need to balance innovation with the protection of human rights and democratic values.
• The AI conference is the result of years of negotiations between 57 countries.
• It includes major AI developers like the US, UK, and EU, as well as participants from Japan, Canada, Israel, Australia, and many others.
• The treaty focuses on addressing the potential risks posed by AI technologies while promoting responsible innovation.
• A Strasbourg-based international organisation founded in 1949, the Council of Europe took the initiative to ensure that AI systems align with fundamental human rights, democracy, and the rule of law.

Topic: Banking System

3. National Payments Corporation of India launched a new feature “UPI Circle”.

• A new feature, “UPI Circle,” has been launched by the National Payments Corporation of India to enhance digital payment accessibility.
• Under this, primary users can now delegate payment authorisation to secondary users, such as family members or employees, who can then perform transactions directly from the primary user's account.
• It will be beneficial for parents providing allowances to children, and senior citizens who are cautious about conducting digital transactions.
• This feature came with many layers of intervention and security measures.
• NPCI has set the maximum monthly limit at ₹ 15,000, where a single transaction cannot exceed ₹ 5,000.
• The primary user can monitor the activity of the secondary users on the app.

Topic: Art and Culture

4. 10-day Onam festival started with Atham.

• Atham has been celebrated to mark the beginning of the ten-day Onam festivities.
• The 10-day festival at Thrikkakara Temple begins with kodiyettam.
• The famous Athachamayam procession, which features various cultural displays and traditional art forms held at Thripunithura was organized.
• Onam festival will conclude with Thiruvonam.
• The other key days include Chithira, Chodi, Vishakam, Anizham, Thriketa, Moolam, Pooradam, and Uthradom.
• Onam is celebrated across Kerala in the month of Chingam, as per the Malayalam calendar.