Bank Exam current affairs – 25th and 26th September 2021

1. Govt reduces patent fees

  1. The central government introduced Patents (Amendment) Rules, 2021 which reduced the fee for patent
  2. The move has been taken to strengthen innovation and creativity in the knowledge economy.
  3. The high patenting fee was a hindrance for educational institutions in getting newer research and technologies patented
  4. While applying for patents, innovators had to apply for these in the name of institutions that were required to pay exorbitant patenting fees.
  5. However, now the official fees payable by them in reference to the Patents Rules, 2003, have been reduced through the Patents (Amendment) Rules, 2021.
  6. The government amended the patent rules in 2016, 2017, 2019, and 2020 to remove procedural inconsistencies and unnecessary steps in the processing of patent applications thereby. T

2. UP’s Defense Industrial Corridor

  1. The establishment of a Defense Industrial Corridor in Uttar Pradesh was announced while inaugurating the UP Investors Summit in Lucknow
  2. A total of 6 nodes – Aligarh, Agra, Kanpur, Chitrakoot, Jhansi and Lucknow – have been planned in the Defense Industrial Corridor
  3. UP government aims at an investment of 10,000 crores in the Defence Industrial Corridor by 2022.
  4. Brahmos Missile unit will be started in the Aligarh node of the Defence Industrial Corridor and another huge missile manufacturing unit will be established in the Jhansi node
  5. The Defense Industrial Corridor of Uttar Pradesh will help in making the country self-reliant in the field of defense production and promoting ‘Make in India’.

3. Medical devices parkscheme

  1. The scheme aims to ensure easy access to testing and infrastructure facilities.
  2. It is expected that this will bring down the cost of production of medical devices, thereby making them more affordable for domestic consumption.
  3. The financial assistance for a selected medical device park would be 90% of the project cost of common infrastructure facilities for the northeastern and hilly States.
  4. For the rest, it would be 70%.
  5. However, the maximum assistance under the scheme for one such park will be  100 crores.
  6. The Centre has granted in-principal approval for the parks in Himachal Pradesh, Tamil Nadu, Madhya Pradesh, and Uttar Pradesh after it received proposals from as many as 16 States and Union Territories.

4. Goa Feni Policy 2021

  1. The Goa government’s Feni Policy 2021 has paved the way to take the state’s ‘heritage drink’ forward
  2. It has the potential to “save Goa”, but its challenge lies in changing perceptions about the drink classified as country liquor.

5. Blue Foods

  1. The report, titled Environmental performance of blue foods, was one of five initial scientific papers published as part of the Blue Food Assessment (BFA).
  2. The BFA is a collaboration between Sweden-based Stockholm Resilience Centre, United States-based Stanford University, and the non-profit EAT.
  3. The paper noted that seaweeds and farmed bivalves, such as mussels and oysters, generated the fewest greenhouse gas and nutrient emissions and used the least land and water.
  4. Capture fisheries also resulted in few nutrient emissions and use limited land and water
  5. Capture fisheries refer to all kinds of harvesting of naturally occurring living resources in both marine and freshwater environments.
  6. Aquatic or blue foods can be made more environmentally sustainable than they are now.

6. Arctic Sea Ice Melt

  1. September marks the end of the summer sea ice melt season and the Arctic sea ice minimum when sea ice over the Northern Hemisphere ocean reaches its lowest extent of the year.
  2. Sea ice cover there has dropped by roughly half since the 1980s as a direct result of increased carbon dioxide from human activities.
  3. Arctic sea ice levels have been at their lowest since at least 1850 for the annual mean and in at least 1,000 years for late summer.
  4. The IPCC concluded that “the Arctic is likely to be practically sea ice-free in September at least once before 2050.”
  5. As the Arctic’s bright ice is replaced by a darker open ocean surface, less of the sun’s radiation is reflected back to space, driving additional heating and ice loss.
  6. This albedo feedback loop is just one of several reasons why the Arctic is warming about three times faster than the planet as a whole.

7. Solar DC Cooking System

  1. The Solar DC Cooking System developed by the CSIR-CMERI is a small step towards realizing that ideal of a pollution-free India.
  2. The Solar DC Cooking Technology developed by the CSIR-CMERI has been transferred to two companies: Asansol Solar & LED House, and Meeco Solar & Infrastructure Associates, Durgapur.
  3. The indigenously designed Solar DC Cooking System is handed over to the Asansol Braille Academy, which has been doing an outstanding job in servicing Specially-Abled Children.

How will it help to mitigate Pollution?

  1. The Solar DC Cooking System is a solar energy-based cooking system that includes a solar PV panel, charge controller, battery bank, and cooking oven.
  2. The technology offers a clean cooking environment, invertor-free direct operation, fast and uniform heating, and the ability to reduce 1 tonne of CO2 (Carbon Dioxide) per year /household.
  3. In comparison to conventional solar-based cooking systems, which lose efficiency due to AC-DC conversion, this System has a 20-25 % higher efficiency and is more cost-effective.
  4. Even if the use of LPG releases carbon dioxide, this system will significantly reduce carbon dioxide emissions.
  5. The Micro-Industries could benefit from the basic technical design because it enables ease-of-manufacturing and gives a significant economic opportunity.

8. CIPS Excellence in Procurement Awards 2021

  1. Government e-Marketplace (GeM) was announced as the winner in the Best Use of Digital Technology category at the CIPS Excellence in Procurement Awards 2021 (CIPS Awards).
  2. The geM was shortlisted as a finalist in two additional categories as well, i.e., ‘Public Procurement Project of the Year’ and ‘Best Initiative to Build a Diverse Supply Base’.

9. National Service Scheme Awards

  1. President Ram Nath Kovind gave away the National Service Scheme (NSS) Awards for the year 2019-20 to 42 people in three different categories virtually from Rashtrapati Bhavan
  2. NSS is a central sector scheme, which was launched in 1969, with the primary objective of developing the personality and character of students through voluntary community service.
  3. The ideological orientation of the NSS is inspired by the ideals of Mahatma Gandhi.