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Here we are with our monthly edition of Bazooka for the month of September 2021. This monthly current affairs magazine focusses on providing all the important information related to the national, international and state affairs, reports & indices, finance & banking and lot many other important events that has happened in the past month. Candidates can simply download our September 2021 Bazooka edition and can start preparing for the current affairs section. We consistently provide this monthly magazine to the aspirants so that they stay updated with all the latest happenings both nationally and internationally.

Download all previous Bazooka editions 

Features of Bazooka September 2021 Edition


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Bazooka September 2021 Edition – What is Included?

International Affairs

  1. According to the report titled ‘Uncertain Pathways: How gender shapes the experiences of children on the move’ by the United Nations Children’s Fund (UNICEF), the number of persons living outside their birth country or citizenship reached a record high of 281 million in 2020, representing 3.6% of the global population.
    1. In this, 36 million of them were recorded as children.
  2. Nigeria’s Central Bank announced the partnership with Bitt Inc, the global fintech company, as a technical partner for the launch of its own cryptocurrency ‘eNaira’ by the end of 2021.
  3. The Japan International Cooperation Agency (JICA) signed a $50 million loan agreement with an Indian financial institution Northern Arc Capital (NAC) to support the funding of Non-Banking Finance Companies (NBFCs) in India, that provide financial services to women.
    • This loan will be provided through co-financing with the United States International Development Finance Corporation (USDFC) based on the Facility for Accelerating Financial Inclusion in Asia (FAIA) (Announced on March 27, 2020).
    • This loan is the 1st co-financing with USDFC in India.
    • The World’s largest and tallest observation wheel named ‘Ain Dubai’ is set to be opened in Dubai, United Arab Emirates (UAE) on 21st October 2021. The ain Dubai is located at Bluewaters Island.

Detailed International Affairs

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Reports & Indices

  1.  World Meteorological Organization (WMO), has released a report titled, “The Atlas of Mortality and Economic Losses from Weather, Climate and Water Extremes (1970–2019)” which states that number of disasters, such as floods and heatwaves, driven by climate change have increased fivefold over the past 50 years.
    • Majority of the loss occurred due to droughts. Around 650,000 deaths are recorded while storms and floods caused 577,000 and 58,700 deaths respectively in the past 50 years.
    • The report finds that the numbers of Disasters and extreme climatic events have increased but the decrease in the number of deaths is almost 3 times recorded.
    • Due to improvement in early warning system and disaster management the number of death reduced from 50,000 in1970 to 20,000 in 2010s
    • The reported losses from 2010–2019 (US$ 383 million per day on average over the decade) were seven times the amount reported from 1970–1979 (US$ 49 million).
  2.  In September 2021, International Labour Organization (ILO) has released its flagship report on social protection named ‘World Social Protection Report 2020-22: Social protection at the crossroads – in pursuit of a better future’.
    • As per the report, half of the global population i.e. 53 percent (4.1 billion) did not have any kind of social security.
    • As of 2020, only 46.9 percent of the global population are effectively covered by at least 1 social protection benefit.
    • Government Spending: On average, around 12.8 percent of the gross domestic product (GDP) were spent by the countries on social protection (excluding health). High-income countries spend around 16.4 percent, whereas low-income countries spent only 1.1 percent of their GDP on social protection.
    • Regional Inequalities: Europe and Central Asia – 84 percent of people being covered by at least one benefit. Americas – 64.3 percent; Asia and Pacific -44 percent; the Arab States -40 percent; and Africa – 17.4 per cent.

Detailed Reports & Indices

Economy & Business

  1.  Infosys Becomes 4th Indian Company to Reach 100 Billion USD M-Cap
    1. Infosys became the 4th Indian company and 2nd Indian software company after Tata Consultancy Services(TCS) to cross the 100 billion USD mark in terms of market capitalization(m-cap).
    1. TCS, Reliance Industries and HDFC bank are other Indian companies that have crossed the 100 billion mark in terms of m-cap.
  2.  As per the data of the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), India’s Gross Domestic Product (GDP) in the first quarter of the financial year 2021-22 (Q1 FY22) (i.e. April to June 2021) grew by 20.1 percent as compared to a contraction of 24.4 (-24.4) percent in Q1 FY21.
    • GDP at Constant Prices (2011-12): It is estimated at Rs 32.38 lakh crore in Q1 FY22, as against Rs 26.95 lakh crore in Q1 FY21 (a growth of 20.1 percent).
    • Gross Value Added (GVA) at Constant Prices: It is estimated at Rs 30.48 lakh crore in Q1 FY22, as against Rs 25.66 lakh crore in Q1 of FY21 (a growth of 18.8 percent).

Detailed Economy & Business

Read More by downloading the Bazooka July2021 edition by clicking the link below.

Download Bazooka Monthly Current Affairs PDF – September 2021 Edition

This brings us to the end of the article. For more such monthly current affairs PDFs, download all previous editions from here.

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