Daily GK Current Affairs viable of 12th December 2021

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Daily GK Current Affairs News viable of 12th December 2021. – Here is the Regular current affairs viable of 12th December 2021 covering the following news headlines: Anti-Terrorist Structure of SCO, Atal Tinkering Labs in J&K, International Day of Neutrality, International Universal Health Coverage Day: 12 December.

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 12th December 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Table of Contents

Here current affairs have been categorized which is as follows

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International News
National News
Banking News
Important Days
Awards News

International News

India assumed the chairmanship of Council of Regional Anti-Terrorist Structure of SCO

India assumed the Chairmanship of Council of Regional Anti-Terrorist Structure of Shanghai Cooperation Organization (RATS SCO) for 1 year from October 28, 2021.
The National Security Council Secretariat (NSCS), Government of India, in association with Data Security Council of India (DSCI), as a Knowledge Partner, organized a 2-day Practical Seminar on ‘Securing Cyberspace in the Contemporary Threat Environment’ (on December 7 and 8, 2021) for delegates from SCO member States.
The seminar is the 1st event to be hosted by India during its Chairmanship of Council of RATS SCO.

Important takeaways for all competitive exams:

Headquarters: Beijing, China
Founded: 15 June 2001
Secretary-General: Vladimir Norov

National News

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NITI Aayog to establish 1,000 Atal Tinkering Labs in J&K

The NITI Aayog has planned to establish 1000 Atal Tinkering Laboratories in Jammu and Kashmir. Out of 1000 Atal Tinkering Laboratories, 187 will be established by the end of the financial year 2021-22.
Out of 187 ATLs, 31 are being established across government schools of J&k while 50 will be established in several educational institutions like KVs, JNVs, and Private schools.
Atal Tinkering Labs (ATL) is a sub-mission under the Atal Innovation Mission (AIM) of the Central Government in India. It is the flagship initiative of AIM, that seeks to nurture an innovative mindset amongst high school students across India.

Important takeaways for all competitive exams:

Formed: 1 January 2015
Headquarters: New Delhi
Chairperson: Narendra Modi
Vice Chairperson: Rajiv Kumar
CEO: Amitabh Kant

Banking News

RBI approved LIC to increase stake up to 9.99% in IndusInd Bank

Life Insurance Corporation of India (LIC) has received approval from the Reserve Bank of India to increase its holding in IndusInd Bank to 99 per cent of the total issued and paid-up capital of the private sector lender.
This approval will be valid for 1 year only till 8 December 2022. LIC currently holds 4.95 per cent stake in IndusInd Bank.
Immediately, LIC also got a similar approval from the RBI to increase its stake in Kotak Mahindra Bank to 9.99 per cent.

Important takeaways for all competitive exams:

Founded: 1994
Headquarters: Mumbai, Maharashtra
MD & CEO: Sumant Kathpalia
Tagline: We Make You Feel Richer

Bank of Baroda signed an MoU with Centrum Housing Finance for Housing Loans

Bank of Baroda has signed an MoU with Centrum Housing Finance Limited (CHFL) for sourcing and financing housing loan borrowers under the Co-lending Model (CLM) mechanism.
The bank will penetrate deeper into the markets of Tier 2 and Tier 3 cities at very competitive interest rates. The bank extends up to 1000 crores as housing finance in a financial year.

Important takeaways for all competitive exams:

Founded: 20 July 1908
Headquarters: Vadodara, Gujarat
Managing Director & CEO: Sanjiv Chadha
Tagline: India’s International Bank
Amalgamated Banks: Dena Bank & Vijaya Bank in 2019

Federal Bank entered into Bancassurance Partnership with Star Health Insurance

Federal Bank has entered into a bancassurance partnership with Star Health & Allied Insurance Company Limited as a corporate agent to provide health insurance products to 8.90 million customers of the bank across India.
The Bank’s customers can avail Star Health retail products and group affinity products through the Bank’s various distribution channels, which help customers meet their entire financial needs under one roof.

Important Days

International Day of Neutrality: 12 December

International Day of Neutrality is a United Nations recognized day held on 12 December each year to raise public awareness about the value of neutrality in international relations.
It was officially declared by the United Nations General Assembly resolution adopted in February 2017 and was first celebrated on 12 December 2017.
Neutrality is defined as the legal position arising from the absence of one state from all participation in war between other states, the maintenance of an attitude of impartiality towards belligerents.

International Universal Health Coverage Day: 12 December

International Day of Universal Health Coverage is a United Nations recognized international day, which is observed every year on 12 December.
Its main objective: to provide access to quality and affordable health care to every person around the world.
The day was declared by the United Nations on 12 December 2017.
The theme of 2020 is ‘Health for All: Protect All’.
This theme demonstrates that to end this crisis (COVID-19) and build a safe and healthy future, we must invest in the health systems that protect us all.

Awards News

Karnataka Bank won 2 DigiDhan Awards by MeitY for Highest BHIM-UPI Transactions

Karnataka Bank has been honored with two DigiDhan Awards instituted by the Union Ministry of Electronics and Information Technology (MeitY). The awards were given during the Digital Payments Festival in New Delhi.
The award recognizes banks for achieving the target with the highest percentage of BHIM-UPI transactions under the private sector bank category for two consecutive years 2019-20 and 2020-21.

Indian architect Balkrishna Doshi honored with the 2022 Royal Gold Medal

Acclaimed Indian architect Balkrishna Vithaldas Doshi has been named for the Royal Gold Medal 2022, one of the world’s highest honors for architecture.
This was announced by the Royal Institute of British Architects (RIBA). Notably, Le Corbusier (designed Chandigarh) and worked under Louis Kahn, he is a pioneer of modernist and brutalist architecture in India.
In 2018, he became the first Indian architect to receive the Pritzker Architecture Prize. He is also honored with Padma Shri and Padma Bhushan.

Neena Gupta received the 2021 DST-ICTP-IMU Ramanujan Prize for Young Mathematicians

Indian mathematician Neena Gupta has received the 2021 DST-ICTP-IMU Ramanujan Prize for Young Mathematicians from Developing Countries for her outstanding work in affine algebraic geometry and commutative algebra.
She is the third woman to receive the Ramanujan Prize, which was first awarded in 2005 and is administered jointly by the Abdus Salam International Center for Theoretical Physics with the Department of Science and Technology and the International Mathematical Union.

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