Current Affairs for BANK, IBPS Exams - 13 February 2021

Bank Exam Current Affairs



Current Affairs for BANK, IBPS Exams - 13 February 2021



::NATIONAL::

LokSabha passes J&K Reorganisation (Amendment) Bill, 2021

  • The finance minister is set to reply to the discussion on the Union Budget. Earlier Sitharaman had accused the Opposition of spreading falsehoods regarding the Union Budget and claimed that the schemes announced by the Centre were pro-poor.
  • Home minister Amit Shah will move a bill to amend the Jammu and Kashmir Reorganisation Act, 2019, as passed by RajyaSabha.
  • Congress leaders Adhir R Chowdhury, Manish Tewari, TMC leader Saugata Roy and Congress leader Amar Singh along with other lawmakers will move the resolution disapproves of the Jammu and Kashmir Reorganisation (Amendment) Ordinance, 2021 (Ordinance No. 1 of 2021).
  • Union ministers Rajnath Singh, Narendra S Tomar, SmritiIrani, TC Gehlot, KirenRijiju, Harsh Vardhan and Prahalad Singh Patel along with other union ministers are slated to present papers at the table.

Cong MP moves motion against FM for calling Rahul Gandhi 'doomsday man of India'

  • "Minister of Finance NirmalaSitaraman abused Rahul Gandhi as 'Doomsday man of India', accused that Rahul Gandhi, an elected member in the house, has joined with fringe element groups and that he is demeaning the country. This is an utter breach of privilege," the notice said.
  • Congress Member of Parliament TN Prathapan on Saturday moved a notice for privilege motion against Union Finance Minister NirmalaSitharaman on her 'Doomsday man of India' remark against Wayanad MP Rahul Gandhi.
  • "Minister of Finance NirmalaSitaraman abused Rahul Gandhi as 'Doomsday man of India', accused that Rahul Gandhi, an elected member in the house, has joined with fringe element groups and that he is demeaning the country. This is an utter breach of privilege," the notice said.
  • He further asked on what basis Sitaraman had accused Gandhi of being a "destructive force in the country" and said that the use of such words is an "attack on the pride and privilege of the Parliament".

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::International::

China released video footage from its spacecraft orbiting Mars

  • China has released incredible footage of its Tianwen-1 probe entering orbit around Mars.
  • The probe embarked on its seven month journey last summer, around the same time as the launches of NASA’s Perseverance rover and the United Arab Emirates Space Agency’s Hope orbital probe, both of which were also bound for Mars.
  • The small probe’s onboard cameras provide an incredible view of the Martian surface below. The footage, released by state broadcaster CCTV, is so detailed that you can make out individual craters and even the planet’s thin atmosphere.
  • Tianwen-1, a five-ton orbiter with a lander and solar-powered rover in tow, entered Martian orbit.
  • The 530 pound rover will attempt to land on the Martian surface in May. If the perilous landing succeeds, it will spend about three Earth months studying the Red Planet’s soil and atmosphere — and China will become only the third country to softly land on the Martian surface, after the Soviet Union and the US.

::Economy::

Industrial Production Index (IIP) increased 1% in December 2020

  • Industrial Production Index: India's industrial output rose at a stronger-than-expected pace in December as economists expected the IIP to grow at 0.1%.
  • India's Industrial Production Index (IIP) for the month of December turned positive again as it showed an increase of 1%, mainly due to basic metals, pharmaceutical, and petrochemical products, and a positive overall manufacturing sector growth.
  • India's industrial output rose at a stronger-than-expected pace in December as economists expected the IIP to grow at 0.1%.

Foreign exchange reserves decreased to $ 583.94 billion from $ 6.24 billion

  • The country's foreign exchange reserves declined by a massive USD 6.24 billion to reach USD 583.945 billion in the week ended February 5, RBI data showed on Friday. 
  • In the previous week, the reserves had touched a record high of USD 590.185 billion after rising by USD 4.852 billion. 
  • In the reporting week ended February 5, the decline in the forex kitty was mainly on account of a fall in foreign currency assets (FCAs), a major component of the overall reserves.   
  • FCAs decreased by USD 4.88 billion to USD 542.338 billion, weekly data from the Reserve Bank of India (RBI) showed.   
  • Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. 

::Science and tech::

Isro to tap startups, industry for human space programme

  • India’s space agency plans to tap startups and the local industry to build technologies for its human space programme.
  • It unveiled a draft “humans in space policy 2021” that would look at facilitating participation of non-traditional players in undertaking space activities on Friday.
  • Based on feedback, the policy will be sent to the government for approval, the Indian Space Research Organisation said.
  • ET had previously reported that the space agency was looking at separate policies for human space missions.
  • Last year, India opened up the space sector to private participation, allowing established firms such as Larsen & Toubro and Godrej Aerospace, besides startups such as Pixxel, Agnikul Cosmos, Skyroot Aerospace and Bellatrix Aerospace to build rockets and satellites for the local as well as global markets.

::SPORTS::

Tokyo Olympics chief Yoshiro Mori resigns

  • The head of the Tokyo Olympic resigned Friday after a scandal over sexist remarks he made about women threatened to overshadow preparations for the pandemic -hit games.
  • “As of today I will resign from the president's position,” Yoshiro Mori said to open a meeting of the Olympic Committee's executive board and council.
  • Mori's departure comes after outcry both at home and abroad after he reportedly said women talk too much and have a “strong sense of rivalry” during a board meeting earlier this month.

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