Bank Exam Current Affairs – 02 December 2021

1. The Assisted Reproductive Technology (Regulation) Bill

The Lok Sabha passed the Assisted Reproductive Technology (Regulation) Bill,, 2020 that proposes the establishment of a national registry and registration authority for all clinics and medical professionals serving in the field.

While moving the Bill for passage several suggestions of the Standing Committee have been considered by the Government to improve the legislation.


  1. The Bill seeks to regulate and supervise Assisted Reproductive Technology (ART) clinics and ART banks, prevent misuse, adopt safe and ethical practices,s and so on.
  2. The Bill sets minimum standards and codes of conduct for fertility clinics and egg or sperm banks and about 80% of ART clinics are not registered.
  3. The Bill also has a provision that those involved in trafficking and sale of embryos will be fined 10 lakh at first instance and in the second instance, the person can be imprisoned for up to 12 years.
  4. A bank can obtain semen from males between 21 and 55 years of age, and oocytes from females between 23 and 35 years of age.
  5. An oocyte donor should be an ever-married woman having at least one alive child of her own(minimum three years of age).
  6. The woman can donate oocytes only once in her life and not more than seven oocytes can be retrieved from her.
  7. No court will take cognizance of offenses under the Bill, except on a complaint made by the National or State Board or any officer authorized by the Boards.
  8. The Bill provides that the National and State Boards for Surrogacy constituted under the Surrogacy (Regulation) Bill, 2019 will act as the National and State Board respectively for the regulation of ART services.
  9. A child born through ART will be deemed to be a biological child of the commissioning couple and will be entitled to the rights and privileges available to a natural child

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2. West Bengal  loans from IBRD

  1. International Bank for Reconstruction and Development (IBRD) has approved a USD 135 million loans to West Bengal to improve the operational efficiency and reliability of electricity supply in select pockets in the state.
  2. The IBRD and its concessional lending arm, the International Development Association (IDA), are collectively also called the World Bank

3. World AIDS Day

  1. World AIDS Day is observed on 1st December every year all over the world to spread awareness about the disease and remember all those who lost their lives to it.
  2. It was founded in 1988 by the World Health Organization (WHO) and was the first-ever global health day with a motto of raising public awareness about Acquired Immunodeficiency Syndrome (AIDS).
  3. AIDS is a pandemic disease caused by the infection of the Human Immunodeficiency Virus (HIV), which damages the human immune system.
  4. There were an estimated 37.7 million people living with HIV at the end of 2020, over two-thirds of whom (25.4 million) are in the African Region.
  5. The theme for 2021: ‘End inequalities. End AIDS’.

4. Global Gateway

The European Commission has announced a plan, called Global Gateway, to mobilize EURO 300 billion by 2027 in public and private infrastructure investment around the world. Although the plan doesn’t mention China, it is seen as a response to China’s Belt and Road strategy.


  1. With Global Gateway, the EU, in a Team Europe approach, will offer its partners a respond to the urgent needs to develop sustainable and high-quality digital, climate and energy, and transport infrastructures.
  2. It aims to Strengthen health, education, and research systems across the world.
  3. To finance the project, the EU will use its European Fund for Sustainable Development Plus.
  4. Under this, 40 billion euros are made available in guarantee capacity and will offer grants of up to 18 billion euros from external assistance programs.
  5. The plan will need funding from international institutions and from the private sector if it is to get anywhere near its target.
  6. The financing will be done under fair and favorable terms in order to limit the risk of debt distress.
  7. An offshoot of the B3W Project: The EU strategy is an offshoot of the Build Back Better World (B3W) Initiative.

Click here to know about B3W

5. G20 Troika

  1. India recently joined the G20 Troika. The G20 Troika is made of Indonesia, India and Italy. That is Troika is made of the current presidency, Indonesia; the previous presidency Italy and the incoming presidency which is India.
  2. Troika means a group of three people working together. It is an English word.
  3. The Troika of G20 is made of the current, next and immediate past host countries. The Troika ensures continuity and provides presidency support.
  4. The current presidency of G20 was assumed by Indonesia recently. It is to hold the chair till October 2022 under the theme “Recover Together Recover Stronger”. Then India will take over for the first time.
  5. In 2019, the G20 was hosted by Japan. In 2020, Italy hosted G20. In 2021, it is Indonesia. In 2022, 2023 and 2024, it will be hosted by Indonesia, India and Brazil. Thus, the following countries formed the Troika in G20
    • 2020: Japan, Italy and Indonesia
    • 2021: Italy, Indonesia and India
    • 2022: Indonesia, India and Brazil

6. Sambit Patra

  1. Sambit Patra has been appointed as the chairman of India Tourism Development Corporation (ITDC) by the Appointments Committee of the Cabinet.
  2. IAS officer, GKV Rao will hold the post of managing director of ITDC.
  3. The India Tourism Development Corporation is a hospitality, retail, and education company owned by the Government of India, under the Ministry of Tourism.

7. Anju Bobby George

  1. Legendary Indian athlete Anju Bobby George has been bestowed with the Woman of the Year Award by World Athletics for grooming talent in the country and for her advocacy of gender equality.
  2. Anju, the only Indian to have won a medal in the World Championships with a long jump bronze in the 2003 edition.
  3. Senior Vice President of the Indian Athletics Federation, Anju Bobby George.

8. ‘Democracy, Politics and Governance’ by Dr.A.Surya Prakash

  1. Vice President of Idia, Shri M. Venkaiah Naidu has made this assertion while releasing the English and Hindi versions of books titled “Democracy, Politics, and Governance” authored by Dr. A. Surya Prakash
  2. He is the Vice-Chairman, Executive Council of Nehru Memorial Museum and Library and a leading commentator on parliamentary and constitutional issues and a veteran journalist

9. Nizamuddin Basti

  1. The UNESCO has conferred two awards for conservation efforts at Nizamuddin Basti in the capital.
  2. The Nizamuddin Area comprises the World Heritage Site of Humayun’s Tomb, the centuries-old settlement of Hazrat Nizamuddin Basti and Sunder Nursery, in addition to the 16th Century Batashewala Tomb-Garden Complex, the tomb of 16th Century courtier poet Khan I Khanan ‘Rahim’, and the Mughal-period caravanserai of Azimganj Serai.
  3. The Urban Renewal project, which started in 2007, has successfully unified these segregated zones of the conservation area into an urban historic district of considerable cultural significance.
  4. The conservation is being undertaken by the Aga Khan Trust for Culture (AKTC) in partnership with the South Delhi Municipal Corporation, Archaeological Survey of India, Delhi Urban Heritage Foundation, and the Dargah Committee/resident community groups of Hazrat Nizamuddin Basti.

10. International Day for the Abolition of Slavery

December 2 marks the International Day for the Abolition of Slavery.

The day commemorates the brutal history of slavery practiced by colonial rulers of past centuries and aims to eradicate modern forms of slavery, such as trafficking in persons, sexual exploitation, child labor, forced marriage, and the forced recruitment of children for use in armed conflict.

11. International Day of Persons with Disabilities

  1. Every year, the International Day of Persons with Disabilities is celebrated on December 3 by the United Nations and several other organisations spread all over the world.
  2. This year the day is celebrated with the following theme Theme: “Leadership and participation of persons with disabilities toward an inclusive, accessible and sustainable post-COVID-19 world”.