{"id":87323,"date":"2021-12-09T11:53:22","date_gmt":"2021-12-09T06:23:22","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=87323"},"modified":"2021-12-09T11:54:20","modified_gmt":"2021-12-09T06:24:20","slug":"daily-current-affairs-9th-dec-2021","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/daily-current-affairs-9th-dec-2021\/","title":{"rendered":"Daily Current Affairs 9th Dec 2021 \u2013 News, Videos &#038; MCQs"},"content":{"rendered":"\n<p>Get All the Important&nbsp;<strong>Current Affairs of 9th Dec&nbsp;2021<\/strong>&nbsp;in this blog. It covers all important sections like Banking Current Affairs, Finance Current Affairs, Sports Current Affairs, Latest Appointments, Awards and more. In this blog, you also get to solve Important Current Affairs MCQs of 9th Dec 2021.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Daily Current Affairs&nbsp;9th Dec&nbsp;2021<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Banking News<\/h3>\n\n\n\n<p><strong>Reserve Bank of India (RBI) in September 2021 regarding tokenization of cards during<br>online transactions, NPCI announced the launch of NPCI Tokenization System (NTS).<\/strong><br>\u25aa In this regard, PayPhi, Phi Commerce\u2019s API (Application programming interface) first<br>digital payments platform, became the first certified tokenization service for NTS<br>supporting tokenization of RuPay cards.<br>\u25aa Tokenization of cards as an alternate to storing card details with merchants.<br>\u25aa NPCI\u2019s NTS platform enables PayPhi Tokenization service to provide partner merchants<br>and aggregators with TROF.<br>\u25aa Token Reference On File (TROF) turns sensitive cardholder data into randomly<br>generated 16 digit numbers called \u201ctoken\u201d with no meaningful value if breached.<\/p>\n\n\n\n<p><strong>Shivalik Small Finance Bank (SSFB) signed a partnership agreement with fintech<br>firm, Indiagold to launch India\u2019s first Loan against Digital Gold.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>This agreement will enable customers to use their digital gold balance to avail instant and digital loans upto Rs. 60,000 and also seamlessly access gold loans starting at a monthly interest of just 1%.<\/li><li>Aim: To provide access to secure and affordable credit to the customers looking for quick liquidity against their gold assets.<\/li><li>Bharti AXA Life Insurance has entered into a bancassurance partnership with Shivalik Small Finance Bank for the distribution of its life insurance products through the bank\u2019s pan-India network of branches.<\/li><li>Shivalik Mercantile Co-operative Bank (SMCB) is the first urban co-operative bank (UCB)<\/li><li>in India to receive licence from RBI to operate as a Small Finance Bank (SFB)<\/li><\/ul>\n\n\n\n<p><br>\u25aa Headquarters: Noida, Uttar Pradesh<br>\u25aa MD &amp; CEO: Suveer Kumar Gupta<\/p>\n\n\n\n<p><strong>ICICI Bank partnered with Flipkart, an e-commerce platform, to offer an instant and<br>digital overdraft (OD) facility of up to 25 lakh to individual sellers and businesses<br>registered on Flipkart.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The OD Facility is enabled by Application Programming Interface (API) and the process from application to sanction to disbursement is completely digital.<\/li><li>Sellers having a current account with ICICI Bank can immediately avail OD and Customers of any bank can also avail of ODs from ICICI Bank if they are registered as sellers with Flipkart<\/li><\/ul>\n\n\n\n<p><br>\u25aa Founded: 1955 (Incorporated in 1994)<br>\u25aa Headquarters: Vadodara<br>\u25aa MD &amp; CEO: Sandeep Bakhshi<br>\u25aa Chairperson: Girish Chandra Chaturvedi<br>\u25aa Tagline: Hum Hai Na, Khayal Apka<\/p>\n\n\n<figure class=\"wp-block-embed wp-embed-aspect-16-9 wp-has-aspect-ratio  is-type-video is-provider-youtube wp-block-embed-youtube\"><div class=\"wp-block-embed__wrapper video-seo-youtube-embed-wrapper\"><div class=\"video-seo-youtube-player\" data-id=\"226p__QS46Q\"><\/div><\/div><\/figure>\n\n\n<h3 class=\"wp-block-heading\">RBI in News<\/h3>\n\n\n\n<p><strong>India\u2019s Monetary Policy Committee<\/strong>(<strong>MPC) consists of Six Members<\/strong><\/p>\n\n\n\n<p>1. Governor of the Reserve Bank of India \u2013 Chairperson, ex officio: Shri Shaktikanta Das<br>2. Deputy Governor of the Reserve Bank of India, in charge of Monetary Policy\u2013 Member, ex<br>officio: Dr Michael Debabrata Patra<br>3. One officer of the Reserve Bank of India to be nominated by the Central Board \u2013<br>Member, ex officio: Dr Mridul K. Saggar<br>4. A professor at the Mumbai-based Indira Gandhi Institute of Developmental<br>Research: Prof. Ashima Goyal<br>5. A professor of finance at the Indian Institute of Management in Ahmedabad: Prof.<br>Jayanth R Varma<br>6. An agricultural economist and a senior adviser with the National Council of Applied<br>Economic Research in New Delhi: Dr Shashanka Bhide<\/p>\n\n\n\n<p><strong>Reserve Bank of India made an announcement in its bi-monthly monetary policy review<br>on December 8, 2021 that it has raised the investment limit via UPI in IPOs and RBI Retail<br>Direct Scheme for G-Secs to Rs 5 lakh.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The limit for making investments in IPO and or buying government bonds via RBI Retail Direct Scheme is Rs 2 lakh currently.<\/li><li>RBI\u2019s Retail Direct scheme alleviates investment by individuals into government securities by opening up gilt securities account with the central bank.<\/li><\/ul>\n\n\n\n<p><strong>Monetary Policy Update: December 6-8, 2021.<\/strong><br>\u25aa RBI keeps repo rate unchanged at 4 percent, the reverse repo rate also remains<br>unchanged at 3.35 percent.<br>\u25aa As a result, the remaining rates are also unchanged and are mentioned below:<br>\u25aa Reverse Repo Rate- 3.35%<br>\u25aa Marginal Standing Facility Rate- 4.25%<br>\u25aa Bank Rate- 4.25%<br>\u25aa CRR- 4.00%<br>\u25aa SLR- 18.00%<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Change in Limit of MSF: MSF window has been rare due to surplus liquidity conditions, we propose to return to the normal dispensation under the MSF. Consequently, banks will be able to dip up to 2 per cent of net demand and time liabilities (NDTL) instead of 3 per cent for overnight borrowing under the MSF from January 1, 2022.<\/li><li>On-tap liquidity windows of \u20b950,000 crore for ramping up COVID-related healthcare infrastructure and services and \u20b915,000 crore for certain contact-intensive sectors will continue till their terminal date i.e., March 31, 2022.<\/li><\/ul>\n\n\n\n<p>GDP Projection<br>\u25aa Projection for real GDP growth for 2021-22 is maintained at 9.5 percent.<br>\u25aa The central bank has however revised its Q3FY22 GDP growth to 6.6 percent from earlier &#8211;<br>6.8 percent and cut Q4FY22 GDP to 6 percent from 6.1 percent.<br>\u25aa Q1FY23 GDP growth forecast has been retained at 17.2 percent<br>\u25aa Q2FY23 GDP growth seen at 7.8 percent<br>\u25aa Q1FY23 CPI forecast revised to 5 percent from 5.2 percent<\/p>\n\n\n\n<p><strong>Inflation<\/strong><br>\u25aa FY22 CPI inflation target has been maintained at 5.3 percent<br>\u25aa Headline CPI inflation ticked up in October to 4.5 per cent from 4.3 per cent in September,<br>after falling sharply between June and September.<br>\u25aa October-December CPI inflation target has been revised to 5.1 percent from 4.5 percent<br>earlier; while January-March CPI inflation forecast has been revised to 5.7 percent<br>compared to 5.8 percent earlier.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Appointment<\/h3>\n\n\n\n<p><strong>Board of Directors of Ujjivan Small Finance Bank (SFB) appointed Ittira Davis as<br>the Managing Director (MD) and Chief Executive Officer (CEO) for a period of 3 years.<\/strong><\/p>\n\n\n\n<p>Ittira Davis is succeeded by former MD and CEO Nitin Chugh. The bank has also<br>appointed Rajesh Kumar Jogi, Harish Devarajan, and Umesh Bellur as additional directors.<\/p>\n\n\n\n<p><br>\u25aa About Ujjivan Small Finance Bank:<br>\u25aa Founded: 2017<br>\u25aa Headquarters: Bengaluru<br>\u25aa MD &amp; CEO: Ittira Davis<\/p>\n\n\n\n<p><strong>Sanjiv Mehta, Chairman and Managing Director of Hindustan Unilever Limited (HUL) will<br>be appointed as Federation of Indian Chambers of Commerce and Industry (FICCI)<br>President.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>He will be succeeding Uday Shankar, the current President of<\/li><li>Currently, Sanjiv Mehta is also the President of Unilever South Asia and is a member of the \u2018Unilever Leadership Executive\u2019 which is Unilever\u2019s Global Executive Board.<\/li><li>Arun Chawla named as Director-General of FICCI<\/li><li>FICCI projects 9.1% GDP growth for FY22<\/li><\/ul>\n\n\n\n<p><br>\u25aa FICCI Founded: 1927;<br>\u25aa FICCI Headquarters: New Delhi;<br>\u25aa FICCI Secretary General: Dilip Chenoy.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Award<\/h3>\n\n\n\n<p><strong>Sahitya Akademi and Padma Shri awardee Assamese poet Nilmani Phookan Jr won<br>the 56th Jnanpith Award<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Sahitya Akademi Awardee Konkani novelist Damodar Mauzo won the 57th Jnanpith Award.<\/li><li>Jnanpith Award is a literary award presented by the Bharatiya Jnanpith organization to Indian writers every year.<\/li><li>This was instituted in 1961 and is given only to Indian writers who write in Indian languages and English.<\/li><li>The country\u2019s highest literary award, the Jnanpith is bestowed on writers for \u201ctheir outstanding contribution to literature\u201d.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Obituary<\/h3>\n\n\n\n<p><strong>Chief of Defence Staff (CDS) Bipin Rawat, his wife Madhulika Rawat, and 11 others died in an IAF Mi-17V5 helicopter crash on Wednesday, 8 December, the Indian Air Force has confirmed in a tweet.<\/strong><\/p>\n\n\n\n<p>An IAF Mi-17V5 helicopter, with General Bipin Rawat, his wife, the pilot Wing Commander Prithvi Singh Chauhan, and staff, as well as other senior officials on-board, crashed in Tamil Nadu\u2019s Coonoor.<\/p>\n\n\n\n<p>Download:<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.oliveboard.in\/blog\/weekly-current-affairs\/\">Weekly Current Affairs<\/a><\/strong><\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.oliveboard.in\/blog\/gk-bolt-monthly-current-affairs\/\">Monthly Current Affairs<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Current Affairs 9th Dec 2021&nbsp;\u2013 MCQs<\/h2>\n\n\n\n<p><strong>Q. To make daily transactions of its customers more secure and easier, J&amp;K<br>Bank launched its revised and refurbished which Mobile Banking App for the public.<\/strong><br>a) E-Amrit: India for Electric Vehicles at COP26<br>b) mPay Delight : Indian Renewable Energy Development Agency Ltd<br>c) Whistle Blower<br>d) Ufill: BPCL<br>e) J&amp;K World<\/p>\n\n\n\n<p><strong>Answer: Option B<\/strong><br>\u25aa Notably, available on Google Play Store &amp; Apple store, J&amp;K Bank mPay Delight app has<br>been made more user friendly, vibrant and easier to use with biometric fingerprint<br>authentication for faster and more secure Logins.<br>\u25aa Headquarters: Srinagar, Jammu &amp; Kashmir<br>\u25aa Baldev Prakash: Managing Director and CEO of J&amp;K Bank<br>\u25aa Rajesh Kumar Chhibber is the present Chairman<\/p>\n\n\n\n<p><strong>Q. Which of the following has partnered with Amazon Web Services (AWS) to offer<br>Startup Toolkit for entrepreneurs?<\/strong><br>(a) CCAvenue <br>(b) Paytm <br>(c) PhonePe <br>(d) PayU <br>(e) Razorpay <\/p>\n\n\n\n<p><strong>Answer: Option B<\/strong><br>\u25aa Paytm will help entrepreneurs operating in India in the AWS Activate program grow their<br>businesses with payment, distribution, and growth solutions.<br>\u25aa The Paytm startup toolkit is a single-stop platform that offers solutions in the domain of<br>payments, payouts, banking and distribution with services including Paytm Payment<br>Gateway, which helps businesses accept digital payments on their website, app<\/p>\n\n\n\n<p><strong>Q. The government has expanded the Steering Committee for Advancing Local ValueAdd and Exports (SCALE committee) by adding three new members. Who is the head of the<br>SCALE committee?<\/strong><br>(a) Nageswar Rao<br>(b) Pawan Kumar Goenka<br>(c) Ratan P Watal<br>(d) M Venugopal<br>(e) Vinod Kannan<\/p>\n\n\n\n<p><strong>Answer: Option B<\/strong><br>\u25aa Current Members: 14 (Headed by former Mahindra CEO Pawan Goenka)<br>\u25aa 3 New Members:<br>\u25aa Manish Sharma, Panasonic India Chairman and CEO<br>\u25aa Vikram S Kirloskar, Toyota Kirloskar Vice-Chairman<br>\u25aa Jalaj Dani, Asian Paints co-promoter and Chairman Addverb Technologies<\/p>\n\n\n\n<p><strong>Q. Unix, an Indian Mobile Accessories manufacturing brand, has appointed whom as<br>its Brand Ambassador to increase visibility of their products.<\/strong><br>(a) Rahul Dravid<br>(b) Jasprit Bumrah<br>(c) Smriti Mandhana<br>(d) Ravindra Jadeja<br>(e) Sanjay Dutt<\/p>\n\n\n\n<p><strong>Answer: Option B<\/strong><br>\u25aa UNIX is a popular Indian brand that offers the latest and widest range of mobile<br>accessories for your smartphones. Indian Cricket Fast Bowler Jasprit Bumrah<br>\u27a2 Bangalore based innovative, fast-growing fintech, Kinara Capital signed the Indian<br>cricketer Ravindra Jadeja, as its official brand ambassador<\/p>\n\n\n\n<p><strong>Q. Which edition of Exercise EKUVERIN-21 between India and Maldives will be<br>conducted at Kadhdhoo Island, Maldives.<\/strong><br>(a) 6th<br>(b) 9th<br>(c) 11th<br>(d) 14th<br>(e) 19th<\/p>\n\n\n\n<p><strong>Answer: Option C<\/strong><br>The exercise will enhance synergy and inter-operability between the Armed Forces of<br>both the nations conducting Counter-Terrorism and Counter-Insurgency Operations.<br>Note: Some Important Exercise:<br>\u25aa Red Flag-India and US<br>\u25aa Al Nagah-India and Oman<br>\u25aa Naseem-Al-Bahr-India and Oman<br>\u25aa Garuda Shakti-India and Indonesia<br>\u25aa Desert Warrior- India and Egypt<\/p>\n\n\n\n<p>That is all from us in this blog on&nbsp;<strong>Current Affairs 9th Dec 2021<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get All the Important&nbsp;Current Affairs of 9th Dec&nbsp;2021&nbsp;in this blog. It covers all important sections like Banking Current Affairs, Finance<\/p>\n","protected":false},"author":50,"featured_media":87335,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,10386,9704,10237],"tags":[],"class_list":["post-87323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-current-affairs","category-daily","category-preparation-resources","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Current Affairs 9th Dec 2021 - National, Business, Finance, Appointments<\/title>\n<meta name=\"description\" content=\"Read and watch Current Affairs 9th Dec 2021. 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I'm a dedicated Government Job aspirant turned passionate writer &amp; content marketer. My blogs are a one-stop destination for accurate and comprehensive information on exam categories like Regulatory Bodies, Banking, SSC, State PSCs, and more. I am on a mission to provide you with all the details you need, conveniently in one place. When I am not writing and marketing, you will find me happily experimenting in the kitchen, cooking up delightful treats. Join me on this journey of knowledge and flavors!\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Current Affairs 9th Dec 2021 - National, Business, Finance, Appointments","description":"Read and watch Current Affairs 9th Dec 2021. 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