22nd January 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

• Uttarakhand Chief Minister, Trivendra Singh Rawat will inaugurate the first child-friendly police station of Uttarakhand, which is meant to provide a friendly environment to children associated with crimes.
• The child-friendly police unit has been set up in the Dalanwala police station with a budget of about Rs 5 lakhs on the recommendation of the Child Protection Committee of Uttarakhand.
• According to the chairperson of State Commission for Protection of Child Rights (SCPCR) Usha Negi, the children who are either victims or need proper counselling or visit police station due to other reasons should be provided with a comfortable and unintimidating environment rather than keeping them in a dull and scary atmosphere.
• To keep children at ease, the walls are painted in bright colours and cartoons and the police personnel will also be dressed in casual clothes rather than their uniforms.

Important takeaways for all competitive exams:

• Uttarakhand Chief Minister: Trivendra Singh Rawat.
• Governor of Uttarakhand: Baby Rani Maurya.

3. Karnataka CM Yediyurappa launches Avalokana software

• The Karnataka Chief Minister, BS Yediyurappa recently launched Avalokana software. The software will enable the state government to access data on expenditures and sanctions incurred on 1,800 programmes.
• The software provides a focused eye view on Sustainable Development goals, Scheduled Caste Sub-Plan, Tribal Sub-plan and Centrally Sponsored Schemes.
• It is a transparent e-governance tool that will provide Assembly constituency-wise release of government grants and allocations to different government programmes.
• This will help the government to decide on releasing funds based on the expenditure incurred by the department.
• It will eventually increase the government hold over resources. The software provides a focused view on scheduled caste sub-plan, sustainable development goals and tribal sub-plan and centrally sponsored scheme.

Important takeaways for all competitive exams:

• Chief Minister of Karnataka: B.S. Yediyurappa; Governor: Vajubhai Vala.

• Standard Chartered Bank CEO: Bill Winters.
• Standard Chartered Bank Headquarters: London, United Kingdom.
• Standard Chartered Bank Founded: 1969.

5. SBI, ICICI Bank, HDFC Bank remain as (D-SIBs)

• The RBI state-owned SBI, along with private-sector lenders ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks (D-SIBs) or institutions which are ‘too big to fail’.
• SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2018 list of D-SIBs.
• SIBs are subjected to higher levels of supervision so as to prevent disruption in financial services in the event of any failure.
• The Reserve Bank had issued the framework for dealing with D-SIBs in July 2014.
• The D-SIB framework requires the central to disclose the names of banks designated as D-SIBs starting from 2015 and place these lenders in appropriate buckets depending upon their Systemic Importance Scores (SISs).
• SIBs are seen as ‘too big to fail (TBTF)’, creating the expectation of government support for them in times of financial distress. These banks also enjoy certain advantages in funding markets.

Important takeaways for all competitive exams:

• Reserve Bank of India (RBI) Headquarters: Mumbai, Maharashtra.
• Reserve Bank of India Establishment: 1 April 1935.
• Reserve Bank of IndiaGovernor: Shaktikanta Das.

6. Axis Bank launches Aura Credit Card with health, wellness benefits

• Axis Bank has unveiled a credit ‘AURA’ exclusively loaded with several health and wellness benefits for its users at an affordable price.
• Axis Bank has partnered with Poshvine to offer benefits and specialists such as Decathlon, Practo, Fitternity, IndushealthPlus, 1MG etc., to offer a complete and unique health & wellness solution to the cardholders.
• Cardholders will get a discount on annual medical checkup through IndushealthPlus.
• It offers up to 4 free online video consultations for a month, with round the clock access to doctors on all 21 specialities. This is offered by Procto.
• It also offers 4 free online interactive fitness sessions for a month by Fitternity.
• Through this card, the users can have access to 16 recorded training sessions for one month and can choose from a wide range of sessions such as yoga and cross-functional training programs, etc.

Important takeaways for all competitive exams:

• Axis Bank Commenced operations: 1994.
• Axis Bank Headquarters: Mumbai, Maharashtra.
• Axis Bank Tagline: Badhti Ka Naam Zindagi Managing.
• Axis Bank MD and CEO: Amitabh Chaudhry.

Science and Technology News

9. MeITY and AWS announced Quantum Computing Applications Lab in India

• The Ministry of Electronics and Information Technology (MeitY) has announced the establishment of a Quantum Computing Applications Lab in partnership with Amazon Web Services (AWS).
• The move will give select researchers, scientists access to Amazon’s Bracket cloud-based quantum computing service.
• It is to be implemented by the Department of Science and Technology operating under the Ministry of Science and Technology.
• The mission focuses on fundamental science, technology development and addresses the issues concerning the national priorities.
• It will prepare next-generation skilled manpower and encourages entrepreneurship and startup ecosystem development.
• The Union Budget 2020-21 had proposed to spend Rs 8,000 crores on the National Mission on Quantum Technologies and Applications.

Important takeaways for all competitive exams:

• Minister of Electronics and Information Technology: Ravi Shankar Prasad.
• Amazon Web Services CEO: Andy Jassy.
• Amazon Web Services Founded: 2006.
• Amazon Web Services Headquarters: Seattle, Washington, United States.

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