Daily Current Affairs and GK | 11 December 2021

By PendulumEdu | Last Modified: 27 Dec 2021 15:18 PM IST

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Topic: Summits/ Conferences/ Meetings

1. Narendra Modi will deliver India’s national statement in the first US organized virtual Summit for Democracy.

  • Prime Minister Narendra Modi will deliver India’s national statement at the first Summit for Democracy.
  • Prime Minister Narendra Modi will participate in the summit at the invitation of President Joe Biden.
  • Prime Minister Modi has been invited to participate in the main Leaders’ Plenary Session hosted by the US President.
  • Prime Minister Narendra Modi said that sensitivity, accountability, participation, and reform orientation as four pillars of Indian democratic governance.

Summit for Democracy:

It is a virtual summit hosted by the United States from 9-10 December.

The main aim of the Summit is to renew democracy at home and confront autocracies abroad.

111 nations are participating in the summit.

Topic: Reports and Indices

2. NITI Aayog released two comprehensive reports on emergency and injury care in India.

  • NITI Aayog has released two comprehensive reports on the present status of emergency and injury care in India.
  • The report will mention about the prevailing gaps in ambulance services, health infrastructure, human resources, and equipment.
  • These studies were carried out by the Department of Emergency Medicine, JPNATC, AIIMS, New Delhi in collaboration with NITI Aayog.
  • The report has assessed the prevailing status of 100 emergency and injury care centres in government and private hospitals.
  • The report has also highlighted a nationwide policy for triage, standardized protocols for care, world-class ambulance services.
  • The outcome of this study will improve and strengthen emergency care services at all tiers of healthcare facilities.
  • The reports were launched in the presence of Dr V K Paul and Dr Rakesh Sarwal.

Topic: Books and Authors

3. Bala Krishna Madhur’s autobiography titled ‘At Home In The Universe’ released.

  • Bala Krishna Madhur’s autobiography titled ‘At Home In The Universe’ has been released.
  • He is advisor to the Ministry of Road Development in Mumbai, Maharashtra. It consists of early life hardships, experiences, and life lessons of the author.
  • The book offers information about the policy environment in the 1980s and 1990s in the Housing Finance Sector.
  • B K Madhur was former Chief Executive Officer at DHFL Property Services Ltd. It is one of the key personalities in establishing Dewan Housing.

Topic: Important Days

4. International Mountain Day: 11 December

  • International Mountain Day is celebrated annually on 11 December.
  • The UN General Assembly declared the UN International Year of Mountains in 2002.
  • The theme of this year's International Mountain Day (IMD) will be sustainable mountain tourism.
  • Mountain tourism can attract around 15 to 20 percent of global tourism. Sustainable tourism can contribute additional and alternative livelihood options.
  • 15% of the world’s population and 25% of the world’s land animals and plants live in the mountains.
 

Topic: International News

5. 8th India – Slovenia Foreign Office Consultations held virtually on 10 December 2021.

  • 8th Foreign Office Consultations between India and Slovenia was held virtually on 10 December 2021.
  • The consultations were led on the Indian side by Smt Reenat Sandhu, Secretary (West), and on the Slovenian side by State Secretary of Slovenian Foreign Affairs Ministry.
  • Foreign Office Consultations were held in the backdrop of Slovenia’s Presidency of the Council of the European Union for the period July-December 2021.
  • Next year, India and Slovenia will be commemorating 30 years of the establishment of diplomatic relations.
  • Both sides welcomed the establishment of India Study Centre at Nova University at Ljubljana. The talks covered entire gamut of bilateral relations, regional and global issues.

Slovenia:

It is located in central Europe. Italy borders it to the west. Austria borders Slovenia to the north.

Hungary and Croatia border Slovenia to northeast and southeast, respectively. It is bordered by Adriatic Sea to the southwest. Ljubljana is its capital and largest city.

8th India – Slovenia Foreign Office Consultations held virtually

(Source: News on AIR)

Topic: Awards and Prizes

6. Professor Neena Gupta wins 'Ramanujan Prize for Young Mathematicians from Developing Countries 2021'.

  • Professor Neena Gupta has won 'Ramanujan Prize for Young Mathematicians from Developing Countries 2021'.
  • Professor Neena Gupta has won the prize for her outstanding work in affine algebraic geometry and commutative algebra.
  • Professor Neena Gupta is a mathematician at the Indian Statistical Institute (ISI) in Kolkata.
  • Professor Neena is the third woman to receive the Ramanujan Prize since its inception in 2004.
  • Professor Neena is also a recipient of 'Young Scientist' award from the Indian National Science Academy.
  • In 2019, Professor Gupta became one of the youngest people to receive the 'Shanti Swarup Bhatnagar Prize' at the age of 35. She solved a 70-year-old mathematics puzzle - Zariski's Cancellation Problem.

Ramanujan Prize for Young Mathematicians from Developing Countries:

The prize is named after Indian mathematician Srinivasa Ramanujan. It was first awarded in 2005.

The prize is administered by Abdus Salam International Centre for Theoretical Physics (ICTP) jointly with the Department of Science and Technology (DST), Government of India, and the International Mathematical Union (IMU).

The prize is given to mathematicians from developing countries who are less than 45 years of age.

'Ramanujan Prize for Young Mathematicians from Developing Countries 2021

(Source: PIB)

Topic: Summits/ Conferences/ Meetings

7. NITI Aayog and Bharti Foundation launched Convoke 2021-22 to strengthen education.

  • NITI Aayog in association with Bharti Foundation launched Convoke 2021-22 to address the challenges in imparting education and strengthen its quality.
  • Through this platform, School Teachers/ Heads/Principals of Government Schools and teachers from the Bharti Foundation network will be encouraged to use research based solutions.
  • Convoke is a National Research Symposium to resolve the issues related to teachers, educationists, and heads of schools across India.
  • Teachers can now share their micro research papers through Convoke. These research papers will be analyzed by a panel of Educationists.
  • The National Education Policy 2020 identified the importance of teachers and faculty in the learning process.
  • CONVOKE will promote the suggestions of the National Education Policy 2020. It will also help in policymaking in the country.

Topic: Banking System

8. RBI enforced 20-digit LEI for cross-border deals above Rs 50 crore.

  • The Reserve Bank of India (RBI) made Legal Entity Identifier (LEI) mandatory for capital or current account transactions of Rs 50 crore and above.
  • Legal Entity Identifier (LEI) is a 20-digit number to improve the quality and accuracy of financial data systems. It is used to create a global reference data system that uniquely identifies every legal entity.
  • Legal Entity Identifier (LEI) can be obtained from any of the Local Operating Units (LOUs) accredited by the Global Legal Entity Identifier Foundation (GLEIF).
  • Under this system, banks have to include the information of the remitter and beneficiary in the payment messages. It will also help Banks in the tracking of large transactions.
  • Legal Entity Identifier (LEI) has been introduced by the RBI in a phased manner for participants in the over-the-counter (OTC) derivative, non-derivative markets, and large corporate borrowers.

Topic: MoUs/Agreements

9. ISRO signed a pact with Oppo India to provide NavIC message service in mobiles.

  • Indian Space Research Organisation has signed an agreement with Oppo's Indian arm to strengthen the research and development of the NavIC messaging service.
  • The NavIC system provides regional navigation services in the area around 1,500 km beyond the Indian mainland.
  • Under this agreement, ISRO and Oppo India will exchange technical information about NavIC messaging services by integrating NavIC messaging services with the mobile handset platform.
  • ISRO and Oppo India will develop indigenous solutions by incorporating the NavIC short messaging feature in smartphones.
  • Isro’s Navigation with Indian Constellation (NaVIC) provides message service for broadcasting safety alerts in areas with poor or no communication.
  • This pact will pave the way for further collaborations between ISRO and Oppo India. Oppo India has its manufacturing unit in Noida and R&D centre in Hyderabad.

ISRO:

It is a space agency of the Indian government.

It was founded in 1969 by Vikram Sarabhai.

Headquarters: Bengaluru

Current Director: Dr. K. Sivan

 

Topic: Banking System

10. The Reserve Bank of India has granted Paytm Payments Bank scheduled bank status.

  • The Reserve Bank of India has accorded Paytm Payments Bank Scheduled Bank status on December 9, 2021.
  • The bank has been inducted in the Second Schedule of the Reserve Bank of India Act, 1934 and the approval will allow it to offer more financial services and products.
  • Now, Paytm Payments Bank can explore new business opportunities, including participation in government and other large corporations, requests for proposals, primary auctions, fixed-rate and variable rate repos, and reverse repos, after receiving the scheduled bank status.
  • In addition, it will also be eligible to partner in government-run financial inclusion programs and participate in the Marginal Standing Facility.
  • The bank supports 33.3 million Paytm Wallets, allowing customers to pay at over 87,000 online retailers and 2.11 million in-store merchants.
  • Paytm Payments Bank has also become the largest issuer and acquirer of FASTags in India in the previous financial year.
  • Recently, Paytm Payments bank emerged as one of the most successful digital banks operating in the Asia Pacific (APAC) region.
  • Vijay Shekhar Sharma, the founder of Paytm, owns 51 percent of Paytm Payments Bank, while One 97 Communications Ltd holds the rest portion. Its headquarter is in Noida.

Topic: International News

11. New Zealand will prohibit the sale of cigarettes for future generations.

  • New Zealand has planned to ban young people from buying cigarettes anytime in their lifetime. It is one of the world's toughest crackdowns in the tobacco industry.
  • According to a regulation anticipated to be adopted next year, anyone born after 2008 will be unable to purchase cigarettes or tobacco products during their lifetime.
  • New Zealand is committed to meeting a national objective of reducing smoking rates to 5% by 2025, with the goal of eventually eliminating the smoking entirely.
  • The Government is planning to introduce legislation into parliament in June next year, with the aim of making it law by the end of 2022.
  • The restrictions will then be introduced in phases from 2024, beginning with a sharp reduction in the number of authorized vendors, followed by a reduction in the need for nicotine in 2025 and the creation of a "smoke-free" generation from 2027.

New Zealand:

It is an island country in the south-western Pacific Ocean.

Its Prime minister is Jacinda Ardern.

Its capital is Wellington

Its currency is New Zealand dollar.

Topic: Awards and Prizes

12. Balkrishna Doshi, the Indian architect, has been awarded a prestigious award.

  • Balkrishna Doshi, a renowned Indian architect, has been awarded the Royal Gold Medal 2022, one of the world's greatest architectural honours.
  • Doshi, a 94-year-old architect with a career spanning 70 years and over 100 completed projects, influenced the direction of architecture in India and its surrounding regions through both his practice and his instruction.
  • The Royal Gold Medal is personally approved by Queen Elizabeth II. It is given to a person or group of persons who have made a significant impact on architectural innovation.
  • The medal was first awarded to Charles Robert Cockerell in 1848, and its second recipient was the Italian Luigi Canina in 1849.

Topic: International News

13. The International Solar Alliance has been granted Observer status by the United Nations General Assembly.

  • According to India's Permanent Representative to the United Nations, T S Tirumurti, the International Solar Alliance (ISA) has been given Observer Status by the United Nations General Assembly.
  • The ISA was conceived as a collaborative initiative between India and France to mobilize efforts to combat climate change by deploying solar energy technologies.
  • It was presented by the leaders of the two countries during the United Nations Framework Convention on Climate Change (UNFCCC) at the 21st Conference of Parties (COP21) in Paris in 2015.

International Solar Alliance (ISA):

ISA serves as a dedicated platform for governments, international organizations, industry, and other stakeholders to work together toward a similar purpose.

Its headquarters is in Gurugram.

Its Director General is Ajay Mathur.

 

 

 

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