17th December Daily Current Affairs 2021: Today GK Updates for Bank Exam

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Here is the Daily GK Update of 17th December 2021 covering the following news headlines: ALERTs, SJFI Medal 2021, Time Magazine’s 2021 Athlete of the Year, Army Chief Naravane.

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 17th December 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Top 18 Daily GK Updates: National & International News

Here is providing below the top 18 important Daily General Knowledge GK 2021 updates with national & international news.

National News

1. India to raise legal marriage age for women

The proposal to raise the minimum age of marriage for women from 18 to 21 was cleared by the Union Cabinet. Presently, the minimum age of marriage for men is 21 but for women, it is 18.
The government will now look to introduce amendments to the Prohibition of Child Marriage Act, Special Marriage Act, and the Hindu Marriage Act to bring the plan into action. This will give a chance to the girls to study more. They will be able to enjoy their independence. They will also get better employment opportunities.”

State News

2. ADB approves $112 million loan to establish Assam Skill University

The Asian Development Bank (ADB) has approved a $112 million loan to strengthen skills education and training through the establishment of the Assam Skill University (ASU).
The Loan will create a path for skill development to enhance the productivity and competitiveness of Assam’s economy and industries.
An additional $1 million grant from the Japan Fund for Poverty Reduction will support the introduction of technologies for smart campus management, integrated teaching, learning, and career development management.

Important takeaways for all competitive exams:

Assam Governor: Jagdish Mukhi;
Assam Chief Minister: Himanta Biswa Sarma.

Appointments News

3. Arvind Kumar joins Software Technology Parks of India as DG

Arvind Kumar has joined as Director General of Software Technology Parks of India. Software Technology Parks of India is an autonomous body under the Ministry of Electronics & Information Technology Government of India.
STPI is fuelling the culture of tech entrepreneurship and innovation in the country by launching 25 + Centres of Entrepreneurship in emerging technology domains.
Currently, STPI-registered units have reached IT/ITeS/ESDM exports of over Rs. 5 lakh crores. STPI is one of the largest tech incubators in India with an area of approx.13 lakh square feet spread across various Tier 1/2/3 cities.

Important takeaways for all competitive exams:

Software Technology Parks of India Founded: 1991;
Parent organisation Software Technology Parks of India: Ministry of Electronics and Information Technology.

Agreements News

4. Andhra Pradesh tie-up with UN-FAO & ICAR for sustainable agriculture

The Food and Agriculture Organisation (FAO) of the United Nations has signed an agreement with the Andhra Pradesh Government to train the farmers in good farm management practices and sustainable agricultural methods. The FAO apart, the Indian Council of Agricultural Research is collaborating on the project.
FAO will provide training to farmers, Rythu Bharosa Kendram (RBK) staff, officials, and scientists on new technologies in agricultural allied sectors and training to farmers on best cultivation management practices.
In 2020, Rythu Bharosa Kendram (RBK) or farmer support centres were set up in AP as part of an effort to weed away fake seeds, pesticides and fertilisers from the markets.

Important takeaways for all competitive exams:

Food and Agriculture Organisation Headquarters: Rome, Italy.
Food and Agriculture Organisation Head: Qu Dongyu.
Food and Agriculture Organisation Founded: 16 October 1945.

5. TVS Motor and BMW Motorrad tie-up to make electric vehicles

India’s TVS Motor Company will develop electric vehicles (EV) with BMW’s motorcycle brand in India, joining a host of Indian automakers that have sought to expand their clean mobility offering.
The tie-up comes at a time when new-age start-ups like Ola Electric & Ather are ramping up investment in electric scooters.
Under the extended scope of the partnership, the companies plan to come up with an electric vehicle platform in addition to the existing internal combustion platform for both global and domestic markets. The first product under the enhanced co-operation, an electric model suited for the urban ecosystem, is expected to make its debut in the next 24 months.

Important takeaways for all competitive exams:

TVS Motor Company CEO: K. N. Radhakrishnan;
TVS Motor Company Headquarters: Chennai;
TVS Motor Company Founder: T. V. Sundram Iyengar;
TVS Motor Company Founded: 1978.

6. Adani tie-up agreement with SECI for green power

Adani Green Energy Ltd (AGEL) has signed a purchase agreement with Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. It is the world’s largest-ever green power purchase agreement (PPA).
The agreement is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020. So far, AGEL has signed PPAs with SECI for a total generation capacity of close to 6,000 MW of the 8,000 MW awarded in 2020. The company expected to complete the balance of 2000 MW in the coming 2 to 3 months.

Important takeaways for all competitive exams:

Solar Energy Corporation of India Limited Established: 2011;
Solar Energy Corporation of India Limited Headquarters: New Delhi, Delhi;
Solar Energy Corporation of India Limited Chairman: Indu Shekhar Chaturvedi;
Solar Energy Corporation of India Limited Managing Director: Suman Sharma.

Business News

7. SEBI form ‘ALERTs’ committee for early detection of market anomalies

The Securities and Exchange Board of India (SEBI) has set up an Advisory Committee for Leveraging Regulatory and Technology Solutions (ALeRTS) to enhance technological capabilities and explore suitable technology solutions for the early detection of market anomalies.
ALeRTS is a 7-member committee headed by Madhabi Puri Buch, a former whole-time member of SEBI and has experts from various technology domains as members.
ALeRTS will recommend future roadmaps and improvements in the various ongoing technology projects. It will also guide SEBI in designing and framing requirements for the different in-house systems
In addition, the committee has also been constituted “to guide SEBI from a domain perspective, in ascertaining the adequacy of SupTech / RegTech tools envisaged/proposed to be used in-house for improving its capabilities,”.

Important takeaways for all competitive exams:

Securities and Exchange Board of India Founded: 12 April 1992.
Securities and Exchange Board of India Headquarters: Mumbai.
Securities and Exchange Board of India Agency executive: Ajay Tyagi.

8. Adda247 buys ed-tech platform StudyIQ Education for Rs 150 crore

Edtech platform firm Adda247 has acquired UPSC-focused ed-tech platform StudyIQ Education for $20 million (150 crores) in a cash and stock deal.
Speaking on the acquisition, Adda247 founder and CEO Anil Nagar said it’s a strategic acquisition for Adda247.
StudyIQ Education has over 11 million subscribers on Youtube and the platform receives close to 100 million views a month, the company claims. The current acquisition will give Adda247 an edge in the UPSC segment.
By acquiring it, Adda247’s will be able to strengthen its position in the UPSC segment, which has one of the highest ARPUs (average revenue per user) in the test preparation segment.

9. WhatsApp announces Digital Payments Utsav for 500 villages in India

WhatsApp has announced the Digital Payments Utsav for 500 villages in India. WhatsApp’s Digital Payments Utsav is a pilot program that promotes digital payments to empower individuals and businesses and is meant as a project to further the cause of financial inclusion. The aim is to empower villagers with access to digital payments via the ‘payments on WhatsApp’.
WhatsApp announced the Digital Payments Utsav – a pilot program that is going to adopt 500 villages in Karnataka and Maharashtra in an effort to “accelerate financial inclusion”.
Digital Payments Utsav took off on October 15 this year in the Kyathanahalli village in the Mandya district of Karnataka.

Important takeaways for all competitive exams:

WhatsApp Founded: 2009;
WhatsApp CEO: Will Cathcart;
WhatsApp Headquarters: Menlo Park, California, United States;
WhatsApp Acquisition date: 19 February 2014;
WhatsApp Founders: Jan Koum, Brian Acton;
WhatsApp Parent organization: Facebook.

Banking News

10. RBI comes up with PCA framework for large NBFCs

The Reserve Bank of India (RBI) has introduced a prompt corrective action (PCA) framework for large non-banking financial companies (NBFCs) with effect from October 2022, putting restrictions on para-banks whenever vital financial metrics dip below the prescribed threshold.
This brings them almost on a par with banks in terms of supervision and regulatory reach. The PCA framework for NBFCs comes into effect on October 1 next year on the basis of their financial position on or after March 31.

Important takeaways for all competitive exams:

RBI 25th Governor: Shaktikanta Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.

Science and Technology News

11. NASA’s Parker Solar Probe enters the Sun’s upper atmosphere

NASA’s Parker Solar Probe has entered the Sun’s upper atmosphere for, first time in history. In 2018, launched the Parker Solar Probe aims to unravel the mysteries of the Sun by travelling closer to it.
After three years of launching, Parker has finally arrived in the solar atmosphere. Parker Solar Probe has flown through the Sun’s upper atmosphere for the first time in history – the corona. The probe sampled particles and magnetic fields there.
The new milestone marks one major step for Parker Solar Probe and one giant leap for solar science. Just as landing on the Moon allowed scientists to understand how it was formed, touching the very stuff the Sun is made of will help scientists uncover critical information about our closest star and its influence on the solar system.

Important takeaways for all competitive exams:

NASA administrator: Bill Nelson;
Headquarters of NASA: Washington D.C., United States;
NASA Founded: 1 October 1958.

Defence News

12. Army Chief Naravane takes charge as Chairman of Chiefs of Staff Committee

Army Chief General M.M. Naravane has assumed the charge as the chairman of the Chiefs of Staff Committee that comprises the three service chiefs.
The post fell vacant following the death of Chief of Defence Staff General Bipin Rawat in the Indian Air Force helicopter crash on December 8.
General Naravane has been given the charge, as he is the senior-most among the three service chiefs. IAF Air Chief Marshal V.R. Chaudhari and Navy Chief Admiral R. Hari Kumar had taken over their respective positions on September 30 and November 30.
Before the creation of the post of the Chief of Defence Staff, the senior-most among the three service chiefs used to be the chairman of the Chiefs of Staff Committee.

Awards News

13. 7-time champion Lewis Hamilton receives knighthood at Windsor Castle

Lewis Hamilton has picked up a new title only days after losing one on the track. The seven-time Formula One champion received a knighthood at Windsor Castle, London.
Hamilton gets the honorary title of “Sir” after being knighted by the Prince of Wales for services to motorsports.
Three other F1 drivers have been knighted: Jack Brabham, Stirling Moss and Jackie Stewart. Hamilton is the first to be awarded while still competing in the sport.

14. Bhutan confers PM Modi with its highest civilian award

Bhutan has honoured PM Modi with its highest civilian award, Ngadag Pel gi Khorlo. Bhutan’s Prime Minister Lotay Tshering has announced PM Modi’s name for Bhutan’s highest honour.
The honour comes as an appreciation for India’s friendly approach to Bhutan under PM Modi’s governance. During the pandemic, India had extended support to the neighbouring country in the form of vaccines, medicines and other emergency services.

List of International Awards received by Narendra Modi:

1. Order of Abdulaziz Al Saud (Saudi Arabia)
2. State Order of Ghazi Amir Amanullah Khan (Afghanistan)
3. Grand Collar of the State of Palestine Award (Palestine)
4. Order of Zayed Award (United Arab Emirates)
5. Order of St. Andrew award (Russia)
6. Order of the Distinguished Rule of Nishan Izzuddin (Maldives)
7. Champions of the Earth Award (United Nations Environment Programme)
8. Global Goalkeeper award (Bill and Melinda Gates Foundation)

Important takeaways for all competitive exams:

Bhutan Capital: Thimphu;
Bhutan Prime minister: Lotay Tshering;
Bhutan Currency: Bhutanese ngultrum.

15. Sunil Gavaskar honoured with SJFI Medal 2021

The Sports Journalists’ Federation of India (SJFI) has decided to honour former Indian Cricketer and cricket commentator Sunil Manohar Gavaskar with its prestigious ‘SJFI Medal 2021’ at SJFI Annual General Meeting (AGM) in Guwahati, Assam.
SJFI Medal is the highest honour of SJFI. SJFI was founded on 27th February 1976 at the Eden Gardens, Calcutta (now Kolkata), West Bengal.

Other SJFI Awards:

Award	Winner
SJFI Sportsman of the year 2021	Neeraj Chopra (Javelin)
SJFI Sportswoman of the year 2021	Mirabai Chanu (Weightlifting)
SJFI Team of the Year 2021	Indian Men’s Hockey team
SJFI Parathletes of the year 2021(Men)	Pramod Bhagat (Badminton) and Sumit Antil (Javelin)
SJFI Parathletes of the year 2021(Women)	Avani Lekhara (rifle shooter)
SJFI Special Recognition Award	Olympic Gold Quest (OGQ)

16. Simone Biles named Time Magazine’s 2021 Athlete of the Year

Simone Biles was named Time magazine’s 2021 Athlete of the Year. The world’s most decorated gymnast, a four-time Olympic medalist, was hailed for putting her mental health first when she withdrew from four event finals at the Tokyo Olympics.
Despite the setback, the 24-year-old managed to earn a team all-around silver and a bronze in balance beam at the Tokyo Games. Biles along with hundreds of athletes accused the FBI, USA Gymnastics and the U.S. Olympic and Paralympic Committee for failing to stop the abuse.
A month after the Tokyo Olympics, Biles gave an emotional testimony at a US senate hearing into former USA Gymnastics team doctor Larry Nassar sexual abuse scandal.

Sports News

17. Sports Minister Anurag Thakur inaugurates Khelo India Women’s Hockey League

Sports Minister Anurag Singh Thakur formally inaugurated the first-ever national-level Khelo India Women’s Hockey League at Major Dhyan Chand National Stadium in New Delhi. The winner of the Khelo India Women’s Hockey League will get a cash prize of 30 lakhs.
In the first phase, total 14 teams will participate in the league and 42 matches will be played from 15 December to 21 December. The second and third phases will be organized in early next year.
The Sports Authority of India and Hockey India are jointly organizing the first-ever national-level Khelo India league. This is the first big event that will be organized at the Major Dhyanchand Stadium after 2015.

Books and Authors News

18. The book ‘Raj Kapoor: The Master at Work’ authored by Rahul Rawail released

Vice President of India, M Venkaiah Naidu has released the book titled ‘Raj Kapoor: The Master At Work’ authored by Rahul Rawail. The book launch event was held at India Habitat Centre in New Delhi, coinciding with Raj Kapoor’s 97th birth anniversary.
The vice president described the book as a “labour of love and dedication”. The book also examines how the lessons he learnt under the tutelage of Raj Kapoor carried Rahul Rawail through directing his own blockbuster films including Love Story, Betaab, Arjun and Dacait.

Miscellaneous News

19. Google trends: See what was trending in 2021

Google has published its annual overview of key search trends, which provides a somewhat dizzying reminder of all the things that have happened in 2021 – which really feels like it’s only lasted for a few months.
Google’s 2021 Search Trends mini-site includes data on all the key topics of interest, including overall searches and news events. Google’s long-time tradition of releasing “Year in Search” annually has become a norm for those who are curious over the most searched topics on the platform.

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