11th December Daily Current Affairs 2021: Today GK Updates for Bank Exam

11 December 2021
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11th December Daily Current Affairs 2021: Today GK Updates for Bank Exam

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of 11th December 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Top 10 Daily GK Updates: National & International News

Here is providing below the top 10 important Daily General Knowledge GK 2021 updates with national & international news.

State News

1. Uttarakhand CM Pushkar Singh Dhami launched ‘Milk Price Incentive Scheme’

• Chief Minister of Uttarakhand, Pushkar Singh Dhami has launched the ‘Milk Price Incentive Scheme‘ in Dehradun. The scheme is aimed to provide incentives benefiting around 53,000 people of Uttarakhand.
• The state government is targeting to spend INR 444.62 crore to open 500 milk sales centres in Uttarakhand. It is a Direct Bank Transfer (DBT) scheme, the amount under the scheme would go directly into the accounts of the beneficiaries through their linked bank accounts.
• In the Dehradun district, milk production and consumption are completely contradictory. On one hand, the government is making many attempts to enhance milk production, all government claims of promoting products are proving to be fictitious. Despite thousands of hours of labour, milk is not produced in accordance with demand.

Important takeaways for all competitive exams:

• Uttarakhand Capitals: Dehradun (Winter), Gairsain (Summer);
• Uttarakhand Governor:  Lt Gen Gurmit Singh;
• Uttarakhand Chief minister: Pushkar Singh Dhami.

2. Haiderpur wetland in Uttar Pradesh recognised as Ramsar Site

• The Haiderpur Wetland abutting the Madhya Ganga barrage, about 10 km from Bijnor in western Uttar Pradesh, has been recognised under the 1971 Ramsar Convention on Wetlands. Uttar Pradesh is now home to 9 Ramsar wetlands.
• The wetland has also been identified under Namami Gange, a central flagship, as a model wetland along the Ganga. With this, there are now a total of 47 such designated areas in the country.

Banking News

3. Federal Bank and Star Health Insurance tie-up for bancassurance

• Federal Bank has entered into a Bancassurance partnership with Star Health and Allied Insurance Co Ltd as a corporate agent to provide health insurance products for the Bank’s 8.90 million customers across India.
• The Bank’s customers can avail benefits of Star Health’s retail products and group affinity products through the bank’s various distribution channels which help the customers to address their complete financial needs under one roof.
• It is a partnership between a bank and an insurance company that would enable them to offer insurance products to the bank’s customers.

Important takeaways for all competitive exams:

• Federal Bank Establishment: April 23, 1931;
• Federal Bank Headquarters: Aluva, Kerala;
• Federal Bank Managing Director & CEO: Shyam Srinivasan;
• Federal Bank Tagline: Your Perfect Banking Partner.

Summits and Conferences News

4. PM Modi participates in 'Summit For Democracy'

• US President Joe Biden is hosting the first of two Summits for Democracy, which takes place virtually between December 9–10.
• India's Prime Minister Narendra Modi virtually addressed the summit saying that 'democratic spirit' and 'pluralistic ethos' are ingrained in Indians. A total of 100 nations participated in this 'Summit for Democracy'.
• Even Ukraine and Taiwan were invited to the summit but Russia and China were not. Both these countries released a joint statement in which they said that the US is displaying a “Cold-War mentality” that will “stoke up ideological confrontation and a rift in the world".

Ranks and Reports News

5. Fortune India’s Most Powerful Women in India 2021 announced

• Fortune India released the list of most powerful women in India 2021 in which Union Minister, Ministry of Finance & Ministry of Corporate Affairs Nirmala Sitharaman ranked 1st.
• She is followed by Reliance Foundation Chairperson and Goodwill Ambassador Nita Ambani in 2nd position, and Soumya Swaminathan, Chief Scientist, World Health Organization (WHO) at 3rd.

Fortune India’s List of Top 5 Most Powerful Women in India:

Rank	Name	Position
1	Nirmala Sitharaman	Union Ministry, Ministry of Finance
2	Nita Ambani	Reliance Foundation Chairperson and Goodwill Ambassador
3	Soumya Swaminathan	Chief Scientist, World Health Organization (WHO)
4	Kiran Mazumdar-Shaw	Executive Chairperson, Biocon
5	Suchitra Ella	Co-founder and Joint MD, Bharat Biotech International Ltd

6. India Skills Report 2022: Maharashtra Retains Top Position

• The 9th edition of India Skills Report (ISR) 2022, released by Wheebox, Maharashtra has retained the top position in the list of states with the highest poll of employable talent followed by Uttar Pradesh and Kerala.
• The theme of ISR 2022 – ‘Rebuilding and Reengineering the Future of Work’.  India Skills Report is a full-fledged report about the future of work, education, and skilling to match the talent demand and supply in a growing India.
• Maharashtra, Karnataka, and Tamil Nadu are the 3 states that have a higher job demand.
• Pune is the city with the most highly employable resources with 78% of the test takers scoring above 60 per cent.

Top 5 States with Highest Employability:

Rank	State	Employability %
1	Maharashtra	66.1
2	Uttar Pradesh	65.2
3	Kerala	64.2
4	West Bengal	63.8
5	Karnataka	59.3

Business News

7. Airtel, Invest India launch 'Startup Innovation Challenge'

• Bharti Airtel and Invest India, National Investment Promotion and Facilitation Agency jointly launched ‘Airtel India Startup Innovation Challenge’ for Startups to develop solutions in 5G, IoT.
• Under the Startup Innovation Challenge, early-stage technology companies are being invited to demonstrate differentiated solutions in areas such as 5G, Cloud computing, the Internet of Things (IoT), and digital entertainment.

Important takeaways for all competitive exams:

• Airtel Founded: 1995;
• Airtel Headquarters: New Delhi, India;
• Airtel Chairman: Sunil Bharti;
• Airtel MD & CEO: Mittal Gopal Vittal.

Awards News

8. Balkrishna Doshi Awarded 2022 RIBA Royal Gold Medal for Architecture

• The Royal Institute of British Architects (RIBA) has announced that Indian architect Balkrishna Doshi will be the recipient of the 2022 Royal Gold Medal.
• The distinction, approved by Her Majesty The Queen and awarded each year since 1848, is given to architects or practices in recognition of a lifetime’s work and the impact on the evolution of the field and the built environment.

Sports News

9. India won 41 medals at Asian Youth Para Games 2021

• India claimed 41 medals (12 Gold, 15 Silver, 14 Bronze) at the 4th Asian Youth Para Games (AYPG), Asia’s biggest event held at Riffa city, Bahrain. The event is organized by the National Paralympic Committee (NPC) of Bahrain with the support of the local government.
• Over 700 athletes from around 30 countries participated in the event from 2ndto 6th December 2021. The 5th edition of the Asian Youth Para Games 2025 will be hosted by Tashkent, Uzbekistan.

Important Days

10. International Mountain Day observed on 11 December

• International Mountain Day is observed globally on December 11 every year. The day is celebrated to create awareness about the importance of mountains to life, to highlight the opportunities and constraints in mountain development and to build alliances that will bring positive change to mountain peoples and environments around the world.
• The theme of this year's International Mountain Day (IMD) on 11 December will be sustainable mountain tourism. Sustainable tourism in mountains can contribute to creating additional and alternative livelihood options and promoting poverty alleviation, social inclusion, as well as landscape and biodiversity conservation.
• The day was established by the UN General Assembly in 2003 to encourage the sustainable development of mountains. United Nations had declared 2002 as the UN International Year of Mountains.