Current Affairs Quiz - December, 2021

Notes:
UPI is the single-largest retail payment system in the country, with 14 crore transactions per day in October 2021 and 50% transactions were below Rs 200.
The Reserve Bank of India (RBI) has recently proposed to increase the transaction limit for payments made through Unified Payments Interface (UPI) for the Retail Direct Scheme and initial public offering (IPO) applications to Rs 5 lakh from Rs 2 lakh. RBI also proposes td launch UPI-based payment products for feature phone users.

Notes:
Japanese Entrepreneur and Fashion tycoon Yusaku Maezawa and producer Yozo Hirano, blasted off for the International Space Station in a Russian Soyuz spacecraft along with Russian cosmonaut Alexander Misurkin.
They are the first self-paying space tourists to visit the space station since 2009. Maezawa and Hirano are scheduled to spend 12 days in space.

Notes:
A recent report by Reporters Without Borders (RSF) has said China is the world’s biggest captor of journalists with at least 127 reporters detained at present.
The report titled ‘The Great Leap Backwards of Journalism in China’ reveals China’s violations against its international commitments to freedom of opinion and expression. At least ten journalists and online commentators were arrested in 2020 for informing public about the COVID-19 crisis.

Notes:
The USA recently announced a new bill named ‘Platform Accountability and Transparency Act (PATA)’.
The bill establishes new rules which could compel social media platforms to share data with “Qualified researchers”. They are defined as university-affiliated researchers pursuing projects that have been approved by the National Science Foundation (NSF).

Notes:
The Reserve Bank of India (RBI) has made Legal Entity Identifier (LEI) mandatory for cross-border transactions for capital or current account transactions of Rs 50 crore and above, from October 1 next year.
LEI is a 20-digit number used to identify parties to financial transactions worldwide to improve the accuracy of financial data systems. Banks should obtain LEI numbers from local companies undertaking capital or current account transactions of Rs 50 crore and above, for each transaction.

Notes:
On National Energy Conservation Day, the Power Ministry will distribute LED bulbs at a subsidised rate at 10 Rupees in over 2,500 villages in five states – Bihar, Uttar Pradesh, Telangana, Andhra Pradesh, and Karnataka.
This will be done under the expansion of flagship Gram UJALA programme. The programme has been launched in March 2021 and achieved a distribution mark of more than 33 lakh LED bulbs in Bihar and Uttar Pradesh.

Notes:
‘Swarnim Vijay Parv’,  being celebrated to commemorate 50 years of India’s historic victory in the 1971 war and the Indo-Bangladesh friendship.
Union Minister Rajnath Singh attended an event on the occasion of ‘Swarnim Vijay Parv’. A pre-recorded message of Late CDS General Bipin Rawat was broadcast at the event. At the event, major weapons used during the 1971 war were displayed along with snippets of major battles.

Notes:
The Nupi Lal Day is observed to pay rich homage to the brave women of Manipur who fought for justice against the British Government.
It is observed every year on December 12. This year, an observation ceremony was held at Nupi Lal Memorial Complex located at Imphal. The day is also observed by NGOs and women-based organizations across the state.

Notes:
Global Technology Summit was recently organised by the Union External affairs Ministry and Carnegie India.
Union External Affairs Minister S Jai Shankar addressed the Summit. British Prime Minister Boris Johnson delivered a special message at the summit. They also highlighted that technology is a key part of the India-UK Roadmap for 2030.

Notes:
Maharashtra tops the list of states with maximum number of beneficiaries under the Atmanirbhar Bharat Rojgar Yojana (ABRY).
It is followed by Tamilnadu and Gujarat. ABRY was announced as a part of Aatmanirbhar Bharat 3.0 package to boost the economy, increase the employment generation along with social security benefits.