Current Affairs for BANK, IBPS Exams - 13 September 2021

Bank Exam Current Affairs

Current Affairs for BANK, IBPS Exams - 13 September 2021


India's largest open air furnace opened in Uttarakhand

  • India witnessed on Saturday the inauguration of its “highest” herbal park, at Mana in Uttarakhand’sChamoli district. The main aim of the herbal park, according to SanjivChaturvedi, Chief Conservator of Forests (Research), is to “conserve various medicinally and culturally important alpine species, and facilitate a study on the propagation of these species, as well as their ecology.”

(1.) It is built at a height of 11,000 feet and is adjacent to the famous Badrinath temple in Mana, which is the last Indian village in Chamoli bordering China.

(2.) The land for the project, which is spread over three acres, was provided by the Mana Van panchayat under the Union government’s Compensatory Afforestation Fund Act (CAMPA). The research wing of the forest department of the Uttarakhand government has developed the park.

(3.) Around 40 species of herbal plants found in high alpine areas in the Himalayan region are conserved in this park. Many of these are included in the “red list” of the International Union for Conservation of Nature (IUCN), and declared “endangered and threatened” by the State Biodiversity board as well.

(4.) The park is categorised into four sections. While the first section is dedicated to species associated with Badrinath (Lord Vishnu), the second is for “Ashtavarga” species, which is a group of eight herbs found in the Himalayas.

(5.) The third section houses herbs belonging to the Saussurea species, while the fourth consists of assorted alpine species.

(6.) Some major herbs found in each of the four sections are as follows: “BadriTulsi,” “BadriBer,” “Badri Tree” etc. in the first section; “Riddhi,” “Vriddhi,” “Jeevak,” “Rishbhak,” “Kakoli,” “KsheerKakoli,” “Maida” and “Maha Maida” in the second; “Brahmakamal,” “Phemkamal,” “Nilkamal” and “Koot” in the third and “Ateesh,” “Meethavish,” “Vankakdi” and “Choru” in the fourth section.

(7.) Among these, “Brahmakamal” (SaussureaObvallata) is the state flower of Uttarakhand.

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India-Australia inaugurate 2+2 Ministerial Dialogue

1.India’s Minister of Defence, ShriRajnath Singh, and Minister of External Affairs, Dr. S. Jaishankar, welcomed Minister for Foreign Affairs and Minister for Women, Senator the Hon Marise Payne, and Minister for Defence, the Hon Peter Dutton MP, to New Delhi for the first India-Australia 2+2 Ministerial Dialogue.

2. Both sides welcomed the elevation of the India-Australia relationship to a Comprehensive Strategic Partnership (CSP) during the Leaders’ Virtual Summit held in June 2020 and noted with satisfaction the progress made in deepening bilateral cooperation in political, economic, security and defence related matters.

3. The Ministers reaffirmed their commitment to fully implement the CSP based on mutual trust and understanding, common interests and shared values of democracy and rule of law. They reiterated the importance of advancing their shared objective of an open, free, prosperous and rules-based Indo-Pacific region, in line with India's increasing engagement in the Indo-Pacific region through the Indo-Pacific Oceans’ Initiative and Australia's Indo-Pacific approach and Pacific Step-Up.

4. To further realize the full potential of the India-Australia CSP, the Ministers underscored the intention to expand cooperation under the 2+2 framework and to meet at least once in every two years to maintain the momentum.


Inauguration of food processing unit of M/s Sahara Frozen Foods at Morena (Madhya Pradesh) by Prahlad Singh Patel, Minister of State for Food Processing Industries

  • To commemorate 75 years of India's independence, the Government of India is celebrating the 'AzadiKaAmritMahotsav.' As a part of the celebration, the Ministry of Food Processing Industries is celebrating Food Processing Week from 6 September 2021 to 12 September 2021, under which the Ministry is organizing various programmes.
  • On the last day of the Food Processing Week today, the Union Minister of State for Food Processing Industries, ShriPrahlad Singh Patel, inaugurated the Food Processing Unit of M/s Sahara Frozen Foods established in Morena, Madhya Pradesh, under the Cold Chain scheme of Central sector scheme - PradhanMantriKisan SAMPADA Yojana.
  • Speaking on the occasion, ShriPrahlad Singh Patel said that this processing unit will benefit everyone at the local level. He also mentioned that the Ministry always prioritizes local farmers and the regional crops and is working religiously with full potential to develop India's food processing sector.
  • The facilities of this unit include IQF Pre-Processing Line for F&V – 4 MT/Hr, Deep Freezer/Frozen Store – 4000 MT, Modern Racking System (Stacking)-4000 MT and High Reach Material Handling- 2 Units. The unit provides excellent state-of-the-art facilities such as packing machines, water treatment plants, water storage tanks, subsystems, fittings etc. This processing unit mainly produces frozen peas, mango pieces, frozen cabbage etc.
  • As part of the Food Processing Week, the success story of the beneficiary of the PMFME scheme, MrMohitKishorKhedikar of Madhur Bakery, was published today on the Ministry's social media platforms in the 'Atmanirbhar Enterprises' series. A webinar on Business Opportunities in Bakery & Confectionery under 'One District One Product' was also organized by the Ministry of Food Processing Industries and Department of Industries, UT CHD at Chandigarh.

Gradual Aadhaar authentication for 8 million existing GST firms on the cards

  • The Goods and Services Tax (GST) Council will next week consider a road map to gradually make Aadhaar-based GST authentication mandatory for about 8 million existing firms after it already made it compulsory for new registrations last year, two people aware of the development said.
  • As enforcement of Aadhaar authentication for 8 million existing GST-registered entities in one go is difficult, and the move would lead to sudden compliance burden for businesses, it has been proposed that the verification process be gradual, they said, requesting anonymity.
  • The matter will be deliberated at the 45th meeting of the Council, which will be held in Lucknow on September 17.
  • In order to filter out fake dealers and to check misappropriation of input-tax credit (ITC), the GST Council had, in principle, decided to make Aadhaar mandatory at its March 2020 meeting. Initially, it was decided to implement Aadhaar-based authentication for only new taxpayers from August 21, 2020. “The date to implement Aadhaar-based implementation was still pending for existing taxpayers,” one of them said.

::Science and tech::

INS Dhruv India's first nuclear missile tracking ship

  • The Indian Navy is expected to be able to increase its presence in the Indo-Pacific region and beyond with the likes of INS Dhruv in its arsenal, considering largely persisting threats from its neighbours China and Pakistan.
  • •    In what comes as a significant boost to the country's naval power, India is all set to launch its first satellite and ballistic missile tracking ship Dhruv on Friday. The 10,000-tonne vessel will be commissioned from Visakhapatnam in Andhra Pradesh in the presence of senior officials from the Indian Navy, the Defence Research and Development Organisation (DRDO), and the National Technical Research Organisation (NTRO), among others. INS Dhruv lies at the heart of India's future anti-ballistic capabilities and the ship will play a key role in advancing the country's presence in the Indo-Pacific region.
  • •    INS Dhruv, the latest addition to the Indian Navy's arsenal, was built by the Hindustan Shipyard in collaboration with the DRDO and NTRO. The ship is equipped with multiple features that make it a state-of-the-art instrument in modern naval warfare.


US Open 2021 concludes

  • •    Daniil Medvedev is the US OPEN CHAMPION – his FIRST Grand Slam title! The world No 2 beats Novak Djokovic 6-4, 6-4, 6-4 to end the world No 1’s bid for a Calendar Slam in straight sets.
  • •    
  • •    Novak Djokovic 4-6, 4-6, 4-*5 Daniil Medvedev: Another championship point, another double fault!

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