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Banking Current Affairs : 14th Dec 2023

Today’s Current Affairs: 14th Dec 2023 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc:

National Energy Conservation Day 2023:

  • National Energy Conservation Day is celebrated annually on December 14th to raise awareness about the importance of conserving energy and promoting sustainable energy practices.

Fiscal Challenges Loom as 12 Indian States Project Debt Exceeding 35% of GSDP by FY24:

  • A concerning trend has emerged as twelve states are projected to witness their debt surpassing 35% of their Gross State Domestic Product (GSDP) by the end of the financial year 2023-24.

Statue Of Tamil Icon ‘Thiruvalluvar’ Unveiled In France:

  • French town of Cergy with the inauguration of a statue dedicated to Thiruvalluvar, a revered cultural icon among Tamilians.
  • This event holds special significance, emphasizing the enduring cultural ties between India and France.

SBI to sign 70 million euro LoC with KfW for solar projects:

  • SBI’s €70 Million Line of Credit Agreement In a significant move towards sustainable energy, the State Bank of India (SBI) is set to sign a €70 million Line of Credit (LoC) with the German Development Bank KfW to support solar projects in India

Food Processing Industry Thrives with ₹7,000 Crore Investment Under PLI Scheme:

  • The Ministry of Food Processing reveals substantial growth in the sector, with beneficiaries of the Production Linked Incentive (PLI) Scheme investing a staggering ₹7,126 crore.

Pune 2nd In India For Quality Of Living After Hyderabad:

  • Quality of Living Index 2023 by Mercer, a renowned global consultant for businesses, Pune has secured the second-best position in terms of ‘quality of life‘ in India.

Dr. Atul Shah’s Game-Changing Innovation for Leprosy Care Earns Global Recognition:

  • Dr. Atul Shah, a plastic surgeon, has been honored with the 2023 REACH Game Changing Innovator award for his groundbreaking contribution to leprosy care.

MoD to buy 70,000 More Sig Sauer Semi-Automatic Assault Rifles for Rs 800cr:

  • The Indian Ministry of Defence (MoD) has approved the purchase of 70,000 semi-automatic assault rifles for the Indian Army (IA) at a cost of Rs 800 crore, during a high-level MoD meeting.
  • They will be bought from the United States (US) based Sig Sauer Inc.

IDFC FIRST Bank & MasterCard Unveiled the “FIRST SWYP” Credit Card:

  • IDFC First Bank Limited, in collaboration with MasterCard, has launched “FIRST SWYP credit card”, designed exclusively for Gen Z generation.

SEBI allows brokers to Invest Clients’ Fund in overnight MF Scheme:

  • SEBI has allowed Stock Brokers (SBs) and Clearing Members (CMs) to park client funds in Mutual Fund Overnight Schemes (MFOS).
  • Currently, they invest only in risk-free government securities.

Canara HSBC Life Insurance Launches ‘Alpha Wealth’ Plan with Option to Modify Premiums:

  • Canara HSBC Life Insurance introduced the Alpha Wealth plan to provide extensive financial security for policyholders and their families.
  • The plan encourages long-term savings, with loyalty additions and wealth boosters enhancing the attractiveness of the plan.

Donald Tusk Elected as Prime Minister of Poland:

  • Donald Tusk, leader of Civic Coalition (KO), was elected as the Prime Minister(PM) of Poland by winning a vote of confidence in parliament on 11th December 2023.
  • He takes oath as PM at the presidential palace by Poland’s President Andrzej Duda.

Guinea-Bissau President Reappoints Geraldo Martins as Prime Minister:

  • On 12th December 2023, the President of the Republic of Guinea-Bissau, Umaro Sissoco Embalo issued the decree reappointing Geraldo João Martins as Prime Minister(PM) to the Government of Guinea-Bissau.

Russian President Putin Unveils 2 New Nuclear-powered Submarines “Krasnoyarsk” and “Emperor Alexander III”:

  • Russian President Vladimir Putin unveiled 2 newly built nuclear-powered submarines namely the “Krasnoyarsk” and “Emperor Alexander III,” at the Sevmash shipyard in Severodvinsk in Russia’s northwestern Archangelsk region.