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Banking Current Affairs : 11th Dec 2023

Today’s Current Affairs: 11th Dec 2023 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc:

UNICEF Foundation Day 2023:

  • It is annually observed on December 11, UNICEF Foundation Day stands as a poignant celebration, marking the establishment of the United Nations Children’s Fund (UNICEF) on this date in 1946.
  • The focus of UNICEF’s World Children’s Day in 2023 revolves around the theme “For every child, every right”.
  • This annual event, entirely driven by children, serves as UNICEF’s dedicated day of action for and by children.

Former President Ram Nath Kovind launches book “ Naye Bharat ka Samveda”:

  • Former President of India, Ram Nath Kovind launched a book “ Naye Bharat ka Samveda” in New Delhi.
  • The book is a compilation of speeches of Prime Minister Narendra Modi on the Indian Constitution.

First-ever genome sequencing of the Jamun plant:

  • The Indian Institute of Science Education and Research (IISER) Bhopal has completed the first-ever genome sequencing of the Jamun plant, scientifically called ‘Syzygium cumini’.
  • The Jamun plant is known for its medicinal properties, fruits, and ornamental value.

UP team to attend World Economic Forum in Davos:

  • A delegation of the UP government will travel to Davos, Switzerland, to attend the World Economic Forum (WEF) meeting there from January 15 to 19.

Paytm to cut down on small-ticket loans after RBI tightens consumer lending norms, set to expand higher-ticket ones:

  • Reserve Bank of India tightened rules on consumer lending, Paytm has decided to cut down on disbursing loans under ₹50,000, said the digital payments firm In addition to this, the bank is likely to expand to higher-ticket loans

FM Sitharaman to Roshni Nadar, meet 4 Indians on Forbes’ List of ‘Most Powerful Women for 2023’:

  • The list of 100 most powerful women in the world was released by Forbes where 4 Indian women bagged a spot.
  • The Indian woman who takes the highest spot is Finance Minister and Minister of Corporate Affairs, Nirmala Sitharaman, who ranks 32.
  • Her rankings improved as compared to last year when she occupied 36th place.

With $503 bn in reserves, LIC becomes the world’s fourth-largest insurer:

  • State-owned Life Insurance Corporation of India (LIC) has become the fourth largest insurer in the world, ahead of US-based MetLife and Prudential Financial Inc.
  • The LIC is only behind Germany’s Allianz SE, China’s China Life Insurance (CLI), and Japan’s Nippon Life Insurance, according to a new ranking by capital market company S&P Global.

Meta and IBM launch ‘AI Alliance’ to promote open-source AI development:

  • Meta, and IBM launched a new group called the AI Alliance advocating for an “open-science” approach to AI development that puts them at odds with rivals Google, Microsoft, and ChatGPT-maker OpenAI.

Green Rising” initiative at the COP28 Summit in Dubai:

  • UNICEF’s Generation Unlimited, in collaboration with India’s Ministry of Environment, Forest, and Climate Change will unveil the “Green Rising” initiative at COP28 in Dubai.
  • The global “Green Rising” initiative and the “Green Rising India Alliance” mark a collaborative effort involving UNICEF, Generation Unlimited, and a diverse network of public, private, and youth partner

First Indian Art, Architecture and Design Biennale 2023 at Red Fort in Delhi:

  • Prime Minister Narendra Modi will inaugurate the first Indian Art, Architecture, and Design Biennale (IAADB) 2023 at Red Fort in Delhi.
  • He will also inaugurate the Aatmanirbhar Bharat Centre for Design at Red Fort and the student Biennale- Samunnati.

REC Signs 200M Euro Loan With German Bank KfW For Distribution Sector Reforms:

  • REC Limited, Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power, achieved a significant milestone by signing a 200 million Euro loan agreement with the German bank KfW.

India’s Remarkable Climb to 7th Place in Global Climate Performance Index:

  • India has clinched the 7th position in the latest edition of the Climate Change Performance Index (CCPI).
  • The announcement, made during the COP-28 in Dubai.

Nikhil Dey Named ‘2023 International Anti-Corruption Champion’ by the US Government:

  • Indian social activist Nikhil Dey has been honored as an International Anti-Corruption Champion by the US government for 2023.
  • This recognition highlights his decades-long commitment to empowering peasants and workers while exposing corruption in the delivery of government services.