11th February 2021 Current Affairs


GK Update of eleventh February 2021 masking the next information headlines: UAE, Vijayanagara, Reserve Bank of India, State Bank of India, PhonePe, World Sustainable Development Summit.

International News

1. UAE Hope Probe efficiently enters Mars’ orbit

  • The United Arab Emirates (UAE) has put a probe referred to as Hope within the orbit across the MARS.
  • UAE has change into the fifth nation to launch the spacecraft into the orbit of MARS after United States, Soviet Union, Europe and India. With the profitable launch of spacecraft in orbit, UAE scientists can now examine the planet’s ambiance.
  • The house mission will carry the examine on day by day and seasonal climate cycles and climate occasions reminiscent of mud storm within the decrease ambiance. It will examine how the climate varies in several areas on the MARS.

Important takeaways for all aggressive exams:

  • President of UAE: Sheikh Khalifa bin Zayed Al Nahyan.
  • Capital of UAE: Abu Dhabi; Currency: United Arab Emirates dirham.

State News

2. Vijayanagara formally declared as thirty first District of Karnataka 

  • The Karnataka authorities issued an official gazette notification to declare Vijayanagara because the thirty first district of the state. The new district has been carved out of Ballari and named after the Vijayanagara empire that dominated from this area.
  • The Vijayanagara district could have six taluks and its headquarter shall be at Hosapete. The different taluks within the new district are Kudligi, Hagaribommana Halli, Kotturu, Hoovina Hadagali, and Harapanahalli.
  • The iconic cluster of monuments at Hampi or Hampe, a UNESCO world heritage website, shall be a part of the Vijaynagara.

Important takeaways for all aggressive exams:

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

Banking News

3. RBI to conduct bond purchases for Rs 20,000 crore

  • Reserve Bank of India (RBI) has introduced that it’ll buy 4 authorities securities (G-Secs) that quantity to ₹20,000 crores.
  • The central financial institution will buy it on February 10, 2021, beneath the open market operations (OMOs).
  • This transfer was introduced in aftermath of the yields that had been transferring as much as contact the intra-day excessive of 6.1634 per cent not too long ago. The RBI was involved in regards to the larger authorities borrowing.
  • After the announcement of the OMO buy was made, the yield on the benchmark 10-year G-Sec slowed down by 3-4 foundation factors. It now carries a coupon charge of 5.77 per cent versus its earlier closing yield of 6.1283 per cent.

Important takeaways for all aggressive exams:

  • RBI twenty fifth Governor: Shaktikant Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.

Economy News

4. SBI revises India’s GDP estimates to -7.0 % for FY21

  • The State Bank of India’s (SBI) Economic Research Department has revised GDP estimates of India for FY21 to contract 7.0%. Earlier this was estimated GDP at -7.4%. The SBI Research Report has retained its GDP forecast for FY22 at 11 per cent.

5. India Ratings: India will develop 10.4% in FY22

  • India’s development would bounce again to 10.4% within the upcoming fiscal based on India Ratings and Research (Ind-Ra). FY22 would broadly be masking the misplaced floor of FY21.
  • Regarding this diminished allocation to the rural employment assure scheme. The ranking company expects GDP development to show constructive at 0.3 per cent within the January-March quarter of FY21 after shrinking within the first 9 months of the 12 months.

Important takeaways for all aggressive exams:

  • MD & CEO of India Ratings and Research: Rohit Karan Sawhney.
  • India Ratings and Research Headquarters: Mumbai, Maharashtra.

Agreements News

6. PhonePe companions with Axis Bank on UPI multi-bank mannequin

  • Digital funds platform, PhonePe has introduced that it has partnered with Axis Bank on a Unified Payments Interface (UPI) multi-bank mannequin. The partnership will present PhonePe customers with the choice to create and use a number of UPI IDs with Axis Bank’s “@axl” deal with.
  • This collaboration with PhonePe strengthens our dedication in the direction of digitisation of the Indian fee ecosystem. It will assist broaden our attain to clients and the service provider group whereas providing safe and seamless fee experiences.
  • PhonePe had emerged as the highest UPI app in January, processing 968.72 million transactions value ₹1.92 trillion, based on information by National Payments Corporation of India (NPCI).

Important takeaways for all aggressive exams:

  • CEO of Phonepe: Sameer Nigam
  • Headquarters location of Phonepe: Bengaluru, Karnataka.

Summits and Conferences News

7. PM Modi inaugurates World Sustainable Development Summit 2021

  • Prime Minister Narendra Modi has inaugurated the World Sustainable Development Summit 2021 via video conferencing.
  • The theme of the Summit is ‘Redefining our common future: Safe and secure environment for all’.
  • 2021 WSD Summit is the twentieth version of the flagship occasion organised by ‘The Energy and Resources Institute (TERI)’.
  • The Summit will convey collectively a large variety of governments, enterprise leaders, academicians, local weather scientists, youth, and the civil society within the struggle towards local weather change. The Ministry of Environment, Forests and Climate Change, Ministry of New and Renewable Energy and Ministry of Earth Sciences are key companions of the Summit.

Awards News

8. Robert Irwin wins Wildlife Photographer of the Year 2021

  • Robert Irwin, an Australian wildlife photographer, has received the primary prize within the Wildlife Photographer of the Year People’s Choice Award Contest.
  • Robert received the award for the picture titled ‘bushfire’, which is the image of the devastating Australian Bushfire in 2020, he captured utilizing a drone, close to the Steve Irwin Wildlife Reserve in Cape York, Queensland. The picture exhibits a line of fireplace burning in between the bushes, dividing it into elements.
  • Irwin’s picture was chosen from a shortlist of 25 finalists that acquired a complete of 55,486 votes. The Wildlife Photographer of the Year is the biggest wildlife pictures competitors on the earth, organised by the Natural History Museum.

9. Bengaluru Airport Bags ACI World’s ‘Voice Of The Customer’ Award

  • The Bangalore International Airport Limited’s (BIAL) or Kempegowda International Airport Bengaluru has bagged world recognition from the Airports Council International World’s ‘Voice of the Customer’ award.
  • The ‘Voice of the Customer’ recognises airports that continued to prioritise their clients and remained dedicated to making sure that their voice was heard in the course of the Covid-19 pandemic in 2020.
  • BLR Airport has made vital efforts in gathering passenger suggestions via ACI’s Airport Service Quality (ASQ) programme and this helped higher perceive the purchasers and display BIAL’s dedication in the direction of delivering a superior buyer expertise beneath making an attempt circumstances.
  • Under the #WeAreHereForYou umbrella of BIAL, numerous campaigns had been launched to unfold the message and rebuild passenger confidence in air journey following the outbreak of Covid-19 in 2020.

Important Days 

10. World Unani Day: 11 February

  • World Unani Day has noticed yearly on eleventh February.  The foremost goal of World Unani Day is to unfold consciousness about well being care supply via the Unani system of drugs via its preventive and healing philosophy.
  • This day is well known yearly to mark the delivery anniversary of nice Unani scholar and social reformer Hakim Ajmal Khan. The first Unani Day was celebrated in 2017 at Central Research Institute of Unani Medicine (CRIUM), Hyderabad.
  • Hakim Ajmal Khan was an eminent Indian Unani doctor who was a flexible genius, an excellent scholar, a social reformer, a famous freedom fighter, an Unani medical educationist and founding father of scientific analysis in Unani System of Medicine. He was one of many founders of the Jamia Millia Islamia in New Delhi.

11. International Day of Women and Girls in Science

  • International Day of Women and Girls in Science is noticed globally on 11 February. International Day of Women and Girls in Science to acknowledge the vital function of ladies and women play in science and know-how.
  • In December 2015, the United Nations adopted a decision to have a good time February 11 because the International Day of Women and Girls in Science.
  • The Day is applied by UNESCO and UN-Women in collaboration with establishments and civil society companions that goal to advertise ladies and women in science.
  • The 2021 theme of the Day is “Women Scientists at the forefront of the fight against COVID-19”.
  • In 2016 is the primary time it was celebrated. The concept behind today is to make sure equal participation and involvement of ladies and women within the fields of Science, Technology, Engineering and Mathematics (STEM).

12. International Epilepsy Day 2021

  • The International Epilepsy Day is noticed on the second Monday of February yearly the world over. In 2021, the International Epilepsy Day was noticed on February 08.
  • The day is organised collectively by the International Bureau for Epilepsy (IBE) and the International League Against Epilepsy (ILAE) to lift consciousness about epilepsy and spotlight the sorts of issues confronted by victims, their family and friends.
  • Epilepsy is a neurological dysfunction which makes an individual undergo sudden and recurrent episodes of sensory disturbances.