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Daily Current Affairs – 10 February 2022

Daily Current Affairs 10 February 2022: This post contains the current affairs for 10 February 2022. These current affairs are important for banking exams, insurance exams and other competitive exams like IBPS PO and Clerk, SBI PO and Clerk, RBI Assistant and Grade B, etc. You can also attempt our Current Affairs Quiz after reading our daily current affairs.

Banking News

RBI emerged as the second-largest buyer of Gold among the world’s Central Banks in 2021

Reserve Bank of India (RBI) has emerged as the second-largest buyer of Gold among the world’s Central Banks in 2021. RBI bought 77.5 metric tonnes in 2021 taking its total gold reserve to 754.1 tonnes at the end of December 2021.
Central Bank of Thailand (Bank of Thailand) was the highest buyer of Gold in 2021 and bought 90 metric tonnes of gold.
As per Goldhub, India’s official gold reserves is ninth-largest in the world. Goldhub is the official website of World Gold Council that maintains all the data regarding precious metal.

Business News

Razorpay buys majority stake in Malaysian startup “Curlec” at over $19 mn valuation

Bengaluru-based, Razorpay has acquired a majority stake in a Malaysian payments start-up named “Curlec” for a valuation of more than $19 million. Further Razorpay will acquire the full stake in the coming years.
Overall this is the fourth acquisition of Razorpay and the first acquisition in a foreign country. Prior to this, Razorpay has acquired TERA Finlabs in 2021, Opfin in 2019 and Thirdwatch in 2018.
With this, Razorpay aims to expand in the South East Asia region.

SEBI directs AMCs to set up audit committee with minimum three directors

Securities and Exchange Board of India (SEBI) has directed the mutual fund (MF) industry to set up an audit committee at the asset management company (AMC) level.
The audit committee will require a minimum of three directors and at least two-third of them shall be independent directors of the AMC.
Currently, such a committee is set up by the trustee of a fund house.

Instagram launches ‘Take a Break’ campaign to encourage breaks from social media

Instagram has announced a new campaign named ‘Take a Break’ that will alert users scrolling on Instagram to periodically take breaks from the platform and focus on other things.
This campaign has been launched by Instagram in India and various other countries. The platform will also alert users of the new inclusion with a notification.

National News

India’s first biomass-based hydrogen plant to come up at Madhya Pradesh

India’s first commercial-scale biomass-based hydrogen plant will come up at Khandwa district of Madhya Pradesh.
Every day this plant will produce one tonne of hydrogen, from 30 tonnes of biomass feedstock. The plant is being put up by a joint venture of Watomo Energies Ltd and Biezel Green Energy.
“Thermally accelerated anaerobic digestion (TAD) reactor” is a technology that can produce hydrogen, methane and biochar from biomass.

Appointments

Sanjay Malhotra appointed DFS Secretary in Finance Ministry

Sanjay Malhotra has been appointed as Secretary in the Department of Financial Services in the Ministry of Finance.
He is a 1990 batch IAS officer of the Rajasthan cadre. Before this, Sanjay Malhotra was Chairman and Managing Director of REC Ltd.
He has succeeded Debashish Panda, who completed his term as DFS Secretary on January 31, 2022.

NATO chief, Jens Stoltenberg to head Norway central bank

Jens Stoltenberg will be appointed as the Governor of Norges Bank i.e. the Central Bank of Norway at the end of 2022.
Jens Stoltenberg is the Secretary-General at North Atlantic Treaty Organization (NATO) and his term at NATO ends on October 01, 2022.

Akshay Kumar appointed as brand ambassador of Uttarakhand

Bollywood actor, Akshay Kumar has been appointed as the Brand Ambassador of Indian state of Uttarakhand.
This announcement was made by the chief minister of Uttarakhand Pushkar Singh Dhami ahead of Assembly Elections 2022.
In 2021, cricketer Rishabh Pant was also appointed as Uttarakhand’s brand ambassador.

Days

Safer Internet Day: 08 February 2022

Safer Internet Day is observed every year on the second day of the second week of February with the aim of providing a safer and better internet.
This year in 2022, Safer Internet Day falls on 08 February 2022
Theme of Safer Internet Day 2022: “Together for a better internet”

World Pulses Day: 10 February 2022

Every year World Pulses Day is celebrated on 10 February to spread public awareness of the nutritional and environmental benefits of pulses as part of sustainable food production.
2022 World Pulses Day’s theme: “Pulses to empower youth in achieving sustainable agrifood systems”