Current Affairs for BANK, IBPS Exams - 23 January 2021

Bank Exam Current Affairs

Current Affairs for BANK, IBPS Exams - 23 January 2021


Joint exercise of IAF and Air and Space force of France Desert Night-21 commences at Jodhpur Airforce station

  • Joint exercise of Indian Air Force and Air and Space force of France Desert Night-21 commenced today at Jodhpur Airforce station. On the first day, air commodores of both the forces had courtesy meeting and communicated about the daily schedule to each other.
  • AIR Correspondent reports, French Air Force has come with 4 Rafale fighter jet planes for 5 day long joint exercise. 
  • These Rafale aircrafts will cooperate with the customised Rafale aircraft handed over to India about war strategy. 
  • Along with these, Air bus A-330, Multirole tanker transport and A-400 M Tactical transport aircrafts are also participating in the joint exercise from French side. 
  • Apart from that, Indian Aircrafts participating in the joint exercise comprising of Jodhpur based Sukhoi-30, AmbalaAirforce station based four Rafale fighter jets, Miraj-2000 and IL-78 flight refueling aircrafts.

MoU signed between Ministry of Road Transport & Highways, IIT Roorkee

  • Ministry of Road Transport and Highways and Indian Institute of Technology, IIT Roorkee signed anMoU in New Delhi on Friday for continuation of Ministry of Road Transport and Highways Professorial Chair focusing on research and development, teaching and training in the area of Development of Highway Infrastructure.
  • The MoU was signed by Indresh Kumar Pandey, Special Secretary and Director GeneralRoad Development and Prof.ManoranjanParida, Deputy Director and Professor of Civil Engineering, IIT Roorkee. Secretary in the Ministry GiridharAramane presided over the MoU signing ceremony.
  • This collaboration of Ministry of Road Transport and Highways with IIT-Roorkee will strengthen Research and Development activities in Road Sector and the Chair professor is expected to provide leadership in conducting and coordinating research, development and teaching in the area of Development of Highway Infrastructure.

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Myanmar Committed to Rohingya repatriation under 2017 agreement

  • Myanmar Minister for International Cooperation Kyaw Tin has said that Myanmar is committed to start the repatriation of Rohingyas under the 2017 agreement with Bangladesh.
  • The Minister  pointed out  that Myanmar had taken back Rohingyas in 1978 and 1992 on the basis of mutual talks.
  • According to a press release issued by the Ministry of Foreign Affairs (MoFA) of Bangladesh on Friday, Myanmar minister said in a letter to the Bangladesh Foreign Minister that Myanmar is committed to resolve all issues of mutual interest peacefully with it. 

He expressed the hope that the tripartite meeting between Bangladesh, Myanmar and China held on January 19 would help in starting the repatriation of Rohingyas to Myanmar.

  • Earlier, Bangladesh had expressed ‘cautious optimism’ at the tripartite meeting held between Bangladesh, Myanmar and China. 
  • It had expressed the hope that the repatriation of the forcefully displaced persons from Myanmar will begin in the second quarter of the current year. Bangladesh had urged Myanmar to expedite the process of verification of the biometric data of 8.4 lakh Rohingya refugees submitted by it so that the repatriation process could proceed quickly.
  • Myanmar and Bangladesh had agreed to a procedural framework for repatriation in November 2017. The agreement stipulated that return would be voluntary and there would be no restriction on the number of Rohingyas who wanted to return to Myanmar. 


Reliance Industries Profit Rises 13% To ₹ 13,101 Crore In December Quarter

  • The country's most valuable company — Reliance Industries — on Friday reported that its net profit rose 13 per cent to ₹ 13,101 crore in quarter ended December 2020 from ₹ 11,640 crore during the corresponding period a year ago. 
  • The MukeshAmbani-led company's profit was better than anticipated as analysts polled by Refinitiv expected the company to report profit of ₹ 11,009 crore.
  • Its revenue from operations however, declined 21 per cent to ₹ 1.24 lakh crore.
  • The oil-to-telecom giant posted its highest ever quarterly profit as total expenses fell sharply during the quarter. 
  • Total expenses declined 22 per cent annually to ₹ 1.13 lakh crore from ₹ 1.45 lakh crore in the year-ago period.
  • Its earnings before interest, tax, depreciation and amortisation (EBITDA) — or operating profit — increased 12 per cent to ₹ 26,094 crore in the three months to December 31, compared to the previous quarter.
  • Commenting on results MukeshAmbani, Chairman and Managing Director of Reliance Industries in a statement said: "At a time when the Indian economy is poised for a confident recovery, we at Reliance are humbled that we have been able to contribute to it with our Company's impressive performance in the third quarter of FY21. We have delivered strong operational results during the quarter with a robust revival in O2C and Retail segments, and a steady growth in our Digital Services business. I am proud that Reliance has employed 50,000 more people since March 2020."

Ultra Tech Cement Q3 Results: Net Profit More Than Doubles To ₹ 1584 Crore

  • Aditya Birla group's Ultra Tech Cement on Saturday, January 23, reported over two-fold jump in consolidated net profit to ₹ 1,584.58 crore in the third quarter of the financial year. 
  • The leading cement producer reported a net profit of ₹ 711.17 crore in the year-ago period, UltraTech Cement said in a BSE regulatory filing. 
  • The company's revenue from operations stood at ₹ 12,254.12 crore, up 17.38 per cent, during the October-December quarter under review as compared to Rs 10,439.34 crore in the corresponding period of the last fiscal year.

::Science and tech::

Missing: One black hole with 10 billion solar masses

  • Astronomers are searching the cosmic lost-and-found for one of the biggest, baddest black holes thought to exist. So far they haven’t found it.
  • In the past few decades, it has become part of astronomical lore that at the center of every galaxy lurks a giant black hole into which the equivalent of millions or even billions of suns have disappeared. The bigger the galaxy, the more massive the black hole at its center.
  • So it was a surprise a decade ago when Marc Postman, of the Space Telescope Science Institute, using the Hubble Space Telescope to survey clusters of galaxies, found a supergiant galaxy with no sign of a black hole in its center. Normally, the galaxy’s core would have a kink of extra light in its center, a kind of sparkling cloak, produced by stars that had been gathered there by the gravity of a giant black hole.
  • On the contrary, at the exact center of the galaxy’s wide core, where a slight bump in starlight should have been, there was a slight dip. Moreover, the entire core, a cloud of stars some 20,000 light-years across, was not even in the middle of the galaxy.


Bangladesh clinches ODI series with second consecutive win against WI

  • Bangladesh clinched the 3-match ODI series against West Indies with an emphatic victory in the second ODI played at the Sher-e-Bangla cricket stadium in Dhaka.
  • Tigers kept their winning spree against the West Indies with their second consecutive victory.
  • West Indies won the toss and decided to bat first. It scored 148 runs in 43.4 overs with Powel scoring 41 and Ottey 24. Mustafizur dismissed Ambris early for 5 and then the spinners MehidyHasanMiraz and Shakib Al Hasan demolished the West Indies team. Together they claimed 6 wickets of the West Indies team. Miraj gave the best performance of his ODI bowling career with 4 for 25.

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