Bank Exam Current Affairs – 19 August 2021

National Mission on Edible Oils

  1. Price assurances, viability gap funding for oil palm farmers.
  2. New Mission to boost domestic production and reduce dependence on imports.
  3. The Centre will offer price assurances, viability gap funding, and planting material assistance to oil palm farmers to boost domestic production and reduce impacts on imports.

Plea to declare PM CARES to fund a ‘State’ under Constitution

Keeping in mind the need for having a dedicated national fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by the COVID-19 pandemic, and to provide relief to the affected, a public charitable trust under the name of ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund’ (PM CARES Fund)’ has been set up. Prime Minister is the ex-officio Chairman of the PM CARES Fund and Minister of Defence, Minister of Home Affairs and Minister of Finance, Government of India are ex-officio Trustees of the Fund.


  1. Govt announces rates for RoDTEP scheme for exporters; to cover 8,555 items.
  2. Under the RoDTEP, various Central and State duties, taxes, and levies imposed on input products, among others, would be refunded to exporters.

Agriculture budget

  1. The agriculture budget’ exercise begins in Rajasthan.
  2. The exercise for presenting a separate “agriculture budget”, with the emphasis on welfare measures for farmers, has started in Rajasthan

Rurban people

  1. Residents of this Hyderabad community grow their own vegetables and live with the principle of giving back to Nature.
  2. Residents of Organo Naandi, a Hyderabad-based eco-habitat, call themselves ‘rurban’ people (urban people living rural life).

Private exploration agencies for minerals

  1. Centre adopts scheme for accreditation of private exploration agencies for minerals.
  2. The QCI-NABET will grant accreditation to private exploration agencies to undertake prospecting operations of minerals in accordance with the standards and procedures of the scheme


  1. Reserve Bank allows HDFC Bank to sell new credit cards.
  2. RBI has relaxed the restrictions placed on the bank to issue new cards

India and Vietnam

  1. India, Vietnam navies hold exercises in the South China Sea.
  2. A task force of Indian Navy ships is on extended deployment in the sea.
  3. The navies of India and Vietnam undertook a bilateral exercise in the South China Sea.

ASEAN consensus

  1. ASEAN consensus on Myanmar. India chairs a closed UN Security Council meeting on the issue.
  2. India chaired a closed UN Security Council meeting on Myanmar and welcomed the ASEAN five-point consensus.
  3. The ASEAN five-point consensus states that there shall be an immediate cessation of violence in Myanmar and all parties shall exercise utmost restraint; constructive dialogue among all parties concerned shall commence to seek a peaceful solution in the interests of the people

Fiji co-operation in the agriculture sector

  1. Cabinet gives nod to the pact between India, Fiji for co-operation in the agriculture sector.
  2. The MoU also provides for the establishment of the Indo-Fiji Working Group for dealing with phytosanitary issues, and any other form of cooperation

World Athletics Championship

  1. Historic mixed relay bronze for India in World athletics under-20 championships.
  2. Quartermiler Priya, javelin throwers Ajai and Jay, and shot putter Amandeep enter final.