Current Affairs for BANK, IBPS Exams - 10 July 2021

Bank Exam Current Affairs

Current Affairs for BANK, IBPS Exams - 10 July 2021


UP law panel proposes 'two-child' population policy

  • The Uttar Pradesh law commission formulated a proposal for population control and welfare, rewarding couples that adhere to a 'two-child policy'. The UP law commission said that the policy will be voluntary — it will not be enforced upon anyone. However, if any person decides to "voluntarily" keep the number of their family members limited, they will be eligible for government schemes. On the other hand, if someone doesn't follow the policy, they will face restrictions in government jobs, availing ration, and other benefits.
  • The Uttar Pradesh law commission has made several proposals in the draft population control act. The commission has also sought recommendations for changes to be made in the draft -- which can be sent via e-mail or post by July 19.
  • "We have proposed that any couple that follows a two-child policy will be given all government benefits," said UP law commission chairman AdityaNath Mittal. "They will be able to avail all government welfare schemes."
  • Mittal said that if someone does not follow the 'two-child' policy aimed at population control, they won't be eligible for such government schemes. "Their ration cards will be restricted to four units, they will not be able to apply for government jobs and if they are already government employees, then they won't get a promotion," said the chairman of the UP law commission.

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UK police officer pleads guilty to Sarah Everard's murder

  • A British police officer on Friday admitted murdering Sarah Everard, whose killing sparked anger, protests and soul-searching across the country about what the authorities and society could do to stop male violence against women.
  • Wayne Couzens, 48, a serving London officer who guarded diplomatic premises, had previously admitted rape and kidnap.
  • He abducted Everard, 33, into a hire car as she walked home from a friend's house in south London on March 3 and her body was later found in woodland around 50 miles (80 km) away in southeast England. A post-mortem last month concluded she had died as a result of compression of the neck.
  • Appearing by videolink from prison for a hearing at London's Old Bailey Court, Couzens, bearded and wearing a blue sweatshirt, sat with his head bowed and said "guilty ma'am" when asked how he pleaded to the charge of murder.


Finance Minister NirmalaSitharaman virtually participates in the G20 High Level Tax Seminar on Tax Policy and Climate Change

  • G20 finance ministers are to push for unresolved issues in a proposed global corporate tax overhaul to be ironed out by October, and are urging holdouts to join the deal, according to the latest version of their statement from a meeting in Venice.
  • The statement, which two sources said was expected to be released without changes, said the ministers also endorsed a recent deal among 131 countries on taxation of multinationals’ profits and setting a global minimum corporate tax rate of at least 15%.
  • “We call on (countries involved in the global talks) to swiftly address the remaining issues and finalise the design elements within the agreed framework together with a detailed plan for the implementation of the two pillars by our next meeting in October,” the statement said.
  • “We invite all members (involved in the discussion) that have not yet joined the international agreement to do so.”
  • The pact to establish a minimum global corporate tax rate of at least 15% is an attempt to squeeze more money out of tech giants like Amazon and Google as well as other multinationals able to shop around for the most attractive tax base.

Bharat Dynamics Limited signs Rs 499 croredeal with IAF for Akash surface-to-air missiles with a range of 30 km

  • Bharat Dynamics Limited (BDL) has signed a contract worth about ₹499 crore with the Ministry of Defence for manufacture and supply of Akash missiles to the Indian Air Force (IAF) .
  • The contract was signed by Air Commodore Ajay Singhal, Air Commodore, Guided Weapons Maintenance, on behalf of IAF and Commodore T N Kaul(Retd.), Executive Director (Marketing) on behalf of BDL in the presence of P. Radhakrishna, Director (Production), BDL, in New Delhi on Thursday.
  • BDL CMD Commodore Siddharth Mishra (Retd.) stated that Akash missiles were being supplied to both the Indian Army and IAF besides exploring export to foreign countries that had shown interest in procuring the missiles.
  • BDL is the prime production agency for projects under India’s Integrated Guided Missile Development Programme (IGMDP) with Akash being one of the missiles, which was successfully test fired on several occasions. The company also manufactures anti-tank guided missiles, air-to-air missiles, air-to-surface weapons, launchers, test equipment, underwater weapons and counter-measure systems.

::Science and tech::

BRICS member countries agreed to a Science, Technology and Innovation (STI) led BRICS Innovation Cooperation Action Plan (2021-24) proposed by India

  • BRICS member countries have agreed to a Science, Technology and Innovation (STI)-led BRICS Innovation Cooperation Action Plan (2021-24) proposed by India during 12th meeting of the grouping's science & technology steering committee, the government said on Friday.
  • India had proposed facilitating sharing of experiences of each other’s innovation ecosystem and networking of innovators and entrepreneurs. The details will be worked out by BRICS Science, Technology Innovation Entrepreneurship partnership (STIEP) working group. It was agreed that the proposal may be forwarded to BRICS STIEP working group through the respective country's STI focal point, the ministry of S&T said in a statement.
  • Department of Science and Technology, India, had hosted the meeting on 8 July. Scientific ministries and agencies of all BRICS countries participated in it. BRICS officials discussed in detail about the thematic areas for this year’s call for proposals at the meeting and unanimously agreed for collaboration in ten thematic areas.


Japan declares emergency in Tokyo due to Kovid-19

  • The Olympic Games are going to start on July 23 in Tokyo, the capital of Japan. But the increasing cases of the Covid-19 in Tokyo have caused another setback for the Japanese government and the organizers of the Olympic Games. 
  • In light of rising Covid-19 cases, a meeting with experts was called in which government officials proposed to impose a state of emergency in Japan from next Monday till August 22. 

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