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Daily GK Current Affairs viable of 11th December 2021

Daily GK Current Affairs News viable of 11th December 2021.Here is the Regular current affairs viable of 11th December 2021 covering the following news headlines: International Mountain Day, Milk Price Incentive Scheme, Asian Youth Para Games 2021, Ramsar Site, Summit For Democracy.

Daily Current Affairs update are incorporated with the important news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of the important news that 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.

Here current affairs have been categorized which is as follows

  • State News
  • Banking News
  • Business News
  • Awards News
  • Sports News
  • Important Days

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

Banking News

  1. Federal Bank and Star Health Insurance tie-up for bancassurance
  • Federal Bank has entered into a bancassurance partnership with Star Health and Allied Insurance Company Limited as a corporate agent to provide health insurance products to the bank’s 8.90 million customers across India.
  • The Bank’s customers can avail Star Health’s retail products and group affinity products through various distribution channels of the Bank which help the customers to meet their entire 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.

Business News

  1. Airtel, Invest India launch ‘Startup Innovation Challenge’
  • Bharti Airtel and Invest India, the National Investment Promotion and Facilitation Agency, jointly launched the ‘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 showcase differentiated solutions in areas such as 5G, cloud computing, 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

  1. 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 impact on the development of the region and the built environment.

Sports News

  1. 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), the biggest event in Asia held in Rifa city, Bahrain. The event is organized by the National Paralympic Committee (NPC) of Bahrain in collaboration with the local government.
  • More than 700 athletes from around 30 countries participated in the event from 2 to 6 December 2021. The 5th edition of Asian Youth Para Games 2025 will be hosted by Tashkent, Uzbekistan.

Important News

  1. International Mountain Day: 11 December
  • International Mountain Day is celebrated globally on 11 December every year.
  • The day is celebrated to create awareness about the importance of mountains to life, to highlight opportunities and constraints in mountain development, and to forge alliances that will bring about a positive change in mountain people and environments around the world.
  • “Mountain Biodiversity” is the theme of this year’s International Day of Mountains, so let’s celebrate their rich biodiversity, as well as address the threats they face.
  • The day was established by the United Nations General Assembly in 2003 to encourage the sustainable development of the mountains. The United Nations declared 2002 as the United Nations International Year of Mountains.
  1. UNICEF Day: 11 December

  • UNICEF Day is celebrated every year on 11 December.
  • The United Nations General Assembly on 11 December 1946 established UNICEF as the United Nations International Children’s Emergency Fund to improve the health, nutrition, education and general welfare of children devastated by World War II.
  • UNICEF’s name was later changed from the United Nations International Childrens Emergency Fund to the United Nations Children’s Fund, however, it continued to be known by the popular abbreviation based on the previous title.

Important takeaways for all competitive exams:

  • UNICEF Headquarters: New York, United States of America.
  • UNICEF Executive Director: Henrietta H. Fore.

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