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Current Affairs of 9th & 10th January, 2022

Read the important current affairs of 9th & 10th January, 2022 : SKOCH award, World Hindi Day, Pravasi Bhartiya Divas, Insolvency and Bankruptcy Board of India, Losoong Festival, Airtel Payments Bank.

For banking or other competitive examination, Daily Current Affairs Updates are combined with essential news that hit the current affairs headlines. The Daily Current Affairs Update is a comprehensive collection of significant news that is updated throughout the day. One should be well-versed in banking terms, current events, and so forth. So, here is the Current Affairs for January 9th & 10th, 2022, to assist you in preparing for the Current Affairs section.

Below are the important Daily Current Affairs of 2022 updates with National and International news.

  • National News

    1. The Kalpana Chawla Centre for Research in Space Science and Technology (KCCRSST) at Chandigarh University was launched by Defence Minister Rajnath Singh.

    ● The Union Minister also announced the start of Chandigarh University's Defence Scholarship Scheme, worth Rs 10 crore, for the children of three-service military personnel.
    ● The first woman of Indian descent to go to space was Kalpana Chawla.

    2. Narendra Modi, India's Prime Minister, has stated that every year, beginning in 2022, December 26 will be marked as 'Veer Baal Diwas.'

    ● The day will be remembered as an homage to the courage of Guru Gobind Singh Ji's four sons, the 4 Sahibzades, who were martyred in the 17th century.
    ● PM Modi made the announcement on the Parkash Purab of Sri Guru Gobind Singh Ji, or the birth anniversary of the Sikhs' 10th guru and the founder of the Khalsa community, on January 9, 2022.
    ● At the early age of 6 and 9 years, Sahibzada Zorawar Singh Ji and Sahibzada Fateh Singh Ji (the younger pair of Sahibzade) reached martyrdom after being sealed alive in a wall.
    ● At the ages of 18 and 14, Sahibzada Ajit Singh Ji and Sahibzada Jujhar Singh Ji (the older pair of Sahibzade) died battling the enemy in battle at Chamkaur Sahib on December 21, 1705.

    3. The Tibetan Lunar Calendar's 18th day of the 10th month, which also marks the start of the harvest season, is commemorated as Losoong (Namsoong) in the Indian state of Sikkim.

    ● According to the Lepcha lunisolar calendar known as Dungkit Karchu, the Namsoong celebration begins on the first day of the new moon phase Kurneet Lovo.
    ● The Sikkimese Bhutia commemorate the losoong festival as Sonam Losoong, while the Lepchas celebrate it as Namsoong.
    ● Nepal and Bhutan also commemorate the holiday.

    4. Airtel Payments Bank and Park+ have teamed up to offer FASTag-based smart parking solutions to some of India's most prestigious business and residential buildings.

    ● This collaboration will use Airtel Payments Bank's reach to digitise the parking environment using FASTags attached to vehicles.
    ● Park+ is a startup financed by Sequoia Capital and Matrix Partners that uses FASTag to automate parking spaces.
    ● The partnership seeks to use Airtel Payments Bank's extensive distribution network and digital payments platform to digitise the parking environment by utilising the vehicle's FASTag.
    ● Park+ will provide Airtel Payments Bank with its whole FASTag service suite, including issuance, acquisition, recharge, and technology support. Over 1500 societies, 30 malls, and 150 corporate parks across the country have Park+ access control systems installed.

    5. The Reserve Bank of India has raised the deposit and other 'extension of funds' threshold limit for banks to maintain the Liquidity Coverage Ratio (LCR) from Rs 5 crore to Rs 7.5 crore.

    ● Except for Regional Rural Banks, Local Area Banks, and Payments Banks, this applies to all Commercial Banks.
    ● To further match the RBI's standards with the Basel Committee on Banking Supervision (BCBS) standard, allowing banks to better manage liquidity risk.
    ● LCR improves banks' short-term resilience to potential liquidity disruptions by ensuring that they have enough high-quality liquid assets (HQLAs) to withstand a 30-day acute stress scenario.

    6. Reliance Industries Ltd (RIL) has announced the purchase of a 73.37 percent controlling stake in Mandarin Oriental New York, a high-end luxury hotel in Manhattan's midtown district.

    ● RIL has bought the full share capital of Cayman Islands-based Columbus Centre Corporation (Cayman) for $98.15 million through its wholly-owned subsidiary Reliance Industrial Investments and Holdings Limited (Rs 735 crore).
    ● The Mandarin Oriental hotel's parent company is Cayman.
    ● It owned a 73.37 percent stake in the hotel through indirect ownership.
    ● Reliance would also assume the hotel's debt of more than $115 million, bringing the total purchase to roughly $270 million.
    ● The deal is expected to be completed by the end of March 2022.

    7. For the second phase of the Passport Seva Program, the Ministry of External Affairs (MEA) has signed an agreement with Tata Consultancy Services Limited (TCS) (PSP-V2.0).

    ● TCS will continue to serve as the Passport Seva Project's service provider, as it has for the past ten years. With the use of biometrics, artificial intelligence, advanced data analytics, and auto-response, the PSP-V2.O aims to roll out chip-enabled e-passports, increase data security, and ensure the next level of customer experience.
    ● TCS will update current facilities and systems and build new solutions to enable the issue of e-passports using biometrics, artificial intelligence, advanced data analytics, chatbots, auto-response, natural language processing, and the cloud in the next phase of the initiative.

    8. The Ministry of Home Affairs has set up a committee to investigate the major security lapses that occurred during Prime Minister Narendra Modi's visit to Punjab.

    ● Sudhir Kumar Saxena, Secretary (Security), Cabinet Secretariat, will lead the three-member committee.
    ● Balbir Singh, Joint Director, IB, and Suresh, IG, SPG, are also members.
    ● The committee has been ordered to look into the alleged flaws in PM Modi's security preparations "which exposed the VVIP to grave risk" and produce a report as soon as possible.
    ● The move comes just days before the Supreme Court hears the case of the Prime Minister's security breach.
    ● Maninder Singh, the government's former ASG, petitioned the Supreme Court for an independent investigation of the PM's security breach.
    ● The court is slated to hear the matter on January 7.

  • International News

    9. Japan's and Australia's leaders inked a "landmark" defence deal that allows for deeper military cooperation and is a retort to China's growing assertiveness in the Indo-Pacific area.

    ● The Reciprocal Access Agreement was signed by Australian Prime Minister Scott Morrison and Japanese Prime Minister Fumio Kishida in a virtual summit, marking Japan's first such defence pact with a country other than the United States.
    ● The agreement comes after more than a year of talks between Japan and Australia aimed at removing legal impediments to allow troops from one country to train in the other's country.
    ● The agreement is a "pivotal moment for Australia and Japan, and (for) the security of our two nations and our people," Morrison said.

  • Appointment And Resignation

    10. Navrang Saini's term as temporary Chairperson of the Insolvency and Bankruptcy Board of India (IBBI) has been extended by the Indian government for three months, until March 5, 2022.

    ● Mr. Saini, who is a full-time member of the IBBI, was given the additional responsibility of Chairperson in October 2021, in addition to his other responsibilities, for three months, until January 13, 2022.
    ● After M.S. Sahoo departed on September 30, 2021, after completing a five-year term, the position of full-time Chairperson has been vacant.

  • Awards And Honours

    11. Dr Satish Adiga, a professor in the clinical embryology department of Kasturba Medical College (KMC) under Manipal Academy of Higher Education (MAHE), has been shortlisted for a national award by the Indian Council of Medical Research (ICMR).

    ● In appreciation of his excellent contribution to the field of in-vitro fertilisation, he will receive the Dr Subhas Mukherjee Award from the ICMR (IVF).
    ● He's made major contributions to both clinical IVF and fertility research.

    12. For its efforts to reduce crime and violence against children, the Forensic Science Laboratory (FSL) received a Silver SKOCH Award.

    ● At the 78th SKOCH Summit, the award was presented.
    ● The summit's theme was "The State of Governance."
    ● Deepa Verma, the Rohini-based lab's Director, accepted the prize on the lab's behalf.
    ● FSL is a scientific department and a partner in the criminal judicial system whose aim is to examine crimes and violence against children who have been harmed physically, sexually, financially, or emotionally.

  • Important Days

    13. Every year on January 9th, the Non-Resident Indian Day, also known as the Pravasi Bhartiya Divas, is commemorated.

    ● The event's goal is to increase the abroad Indian community's participation with the Indian government and reunite them with their heritage.
    ● Union Minister of State for External Affairs V. Muraleedharan will speak at a virtual youth PBD conference on the "role of Indian diaspora" in innovation and new technologies on the occasion of the 2022 Pravasi Bhartiya Divas (PBD).
    ● Mahatma Gandhi arrived in India from South Africa on January 9, 1915, to become the greatest Pravasi who led India's Freedom Struggle and freed the country from British or colonial domination.
    ● As a Non-Resident Indian, or Pravasi, he is portrayed as a symbol of the potential for change and growth in India.

    14. Since 2006, World Hindi Day has been observed on January 10 to promote Hindi as a global language.

    ● The day commemorates the first World Hindi Conference, which was launched by then-Prime Minister Indira Gandhi on January 10, 1975.
    ● Former Prime Minister Dr. Manmohan Singh, on the other hand, started the first World Hindi Day celebrations on January 10, 2006.
    ● On January 10, 1975, Nagpur, a city in the Maharashtra state, hosted the first World Hindi Day meeting.
    ● A total of 122 representatives from 30 nations attended the big event. Since 2003, India has commemorated the day.
    ● In 2006, the Ministry of External Affairs initiated the custom of commemorating World Hindi Day in other countries with the goal of promoting Hindi as a global language.

  • Sports

    15. Nodirbek Abdusattorov (Uzbekistan) defeated Ian Nepomniachtchi (Russia) in a tiebreaker to win the World Rapid Chess Championship 2021 and dethrone Magnus Carlsen, the current World Number 1. Magnus Carlsen won the FIDE Championship in 2020.

    ● Nodirbek took home the title and a $60,000 prize after losing only one match to Ukrainian Anton Korobov and tying in five others.
    ● The Mard Uglon ("Brave Son") Presidential medal was presented to the Uzbeki Grand Master (GM).

    16. Jhulan Goswami has been named an ambassador for the Legends League Cricket (LLCAll )'s Women Match Official Team in order to promote the LLC's Women's Empowerment programmes and enhance women's engagement in cricket.

    ● For the League, the LLC formed an All-Women Match Official Team.
    ● This is the first time an all-women official team has officiated a men's league.
    ● The Legends Competition Cricket (LLC) is a professional cricket league for cricketers who have retired from the game.
    ● LLC will hold its first session on January 20, 2022, at the Oman Cricket Stadium in Muscat, Oman.
    ● Indian Maharaja, Aisan Lions, and World Giants are the Legends League Cricket (LLC) 2022 teams.