GK Current Affairs of 28 August 2024

On 28 August 2024 Current Affairs, several key developments in both national and international arenas were highlighted in the day's current affairs. Below is a summary of some of the most important updates:

1.      SEBI Approval for New Mutual Fund: The Securities and Exchange Board of India (SEBI) granted in-principle approval to Capitalmind Financial Services to launch a mutual fund. This move is significant as it opens the doors for more options in the mutual fund market, particularly from Bengaluru-based firms, contributing to the diversification and growth of financial services in India.

2.      GST Filing Restrictions: Starting from September 1, 2024, GST taxpayers who haven't provided valid bank account details will be restricted from filing their GSTR-1 forms. This measure aims to increase transparency and compliance within the GST framework.

3.      New COVID-19 Variant in India: Indian health authorities are closely monitoring the situation following the detection of a new COVID-19 variant. The government has advised caution and emphasized the importance of vaccinations and following safety protocols.

4.      International Relations: India's foreign policy saw a significant event as the country hosted high-level talks with neighboring countries to discuss regional security and economic cooperation.

5.      Sports News: In the world of sports, India's performance in the ongoing international tournaments has been commendable, with athletes securing top positions in various events, boosting the nation’s morale.

For those preparing for competitive exams like UPSC, banking, SSC, or state PCS, staying updated with these current affairs is crucial for excelling in the general awareness sections. You can find more detailed insights and practice questions related to these updates in the daily and monthly current affairs compilations