Daily Current Affairs for MBA Exams: 12th January 2022

By Anjali Chowdhury|Updated : January 12th, 2022

 Sports

1. Bharath Subramaniyam becomes India’s 73rd Chess Grandmaster

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  • Fourteen-year-old Bharath Subramaniyam has become the 73rd Grandmaster of India.
  • The Chennai-based teenager completed his final GM Norm and crossed the requisite 2500 rating at Vergani Cup Open in Italy.
  • Subramaniyam finished seventh overall in the event held at Cattolica by scoring 6.5 points from nine rounds.
  • To achieve the Grandmaster (GM) title, a player has to secure three GM norms and cross the live rating of 2,500 Elo points.

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 National Affairs

2. First-ever Startup India Innovation Week to be held from today

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  • DPIIT is organizing the first-ever Startup India Innovation Week from 10th to 16th January 2022.
  • This virtual week-long innovation celebration aims to commemorate the 75th year of India’s independence ‘Azadi Ka Amrit Mahotsav’.
  • This is designed to showcase the spread and depth of entrepreneurship across India.
  • India is emerging as a global innovation hub, boasting the world’s third-largest startup ecosystem.
  • DPIIT has recognised more than 61 thousand startups as of date.

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 National Affairs

3. PM Modi to inaugurate 25th National Youth Festival on Jan 12

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  • Prime Minister Narendra Modi will be addressing and inaugurating the five-day National Youth Festival on Jan 12, 2022
  • National Youth Festival will be held to celebrate the 159th birth anniversary of spiritual leader Swami Vivekananda.
  • The five-day festival will be held in the Union Territory of Puducherry.
  • The festival aims to ignite, unit, motivate and activate the youth of India towards nation-building.
  • CM of Puducherry: N. Rangaswamy 

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 Sports

4. Rafael Nadal wins Melbourne Summer Set 1 ATP 250 tennis title

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  • 20-time Grand Slam champion Rafael Nadal won the Men’s Singles title in the Melbourne Summer Set ATP 250 event.
  • He defeated Maxime Cressy of the US in the final. 
  • It was Nadal’s 89th tour-level crown. 
  • Nadal playing his first competitive tournament since Aug, was largely untroubled as he wrapped up the win in an hour 48 minutes.
  • In the women category, former world number one Simona Halep defeated Veronika Kudermetova at the Melbourne Summer Set 1 final to claim her 23rd career title.

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 Defense

5. India's first indigenous aircraft carrier begins another phase of sea trial

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  • India's 1st indigenous aircraft carrier (IAC) Vikrant began another set of sea trials.
  • It is planned to be inducted on Aug 22.
  • The 40,000-tonne aircraft carrier is the largest and most complex warship to be built in India
  • It completed a five-day maiden sea voyage in Aug and underwent 10-day sea trials in Oct 2021.
  • IAC-1 will operate the MiG-29K, Kamov-31 helicopters; Advanced Light Helicopters, and the soon-to-be-inducted MH-60R multirole helicopters.

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 Important Dates

6. December 26 to be observed as Veer Baal Diwas

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  • Center has announced that Dec 26 will be observed as 'Veer Baal Diwas' as a tribute to Guru Gobind Singh's four sons who were executed by the Mughals.
  • This was announced by PM Modi on the occasion of the 365th birth anniversary of the 10th Sikh guru.
  • Veer Baal Diwas will be on the same day Sahibzada Zorawar Singh Ji and Sahibzada Fateh Singh Ji attained martyrdom after being sealed alive in a wall.
  • Children’s Day in India is observed on November 14. 

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 Obituaries

7. Oscar-winning composer Marilyn Bergman passes away

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  • Oscar-winning lyricist and composer, Marilyn Bergman (93) passed away in Los Angeles.
  • Bergman and her collaborator husband Alan, was nominated for 16 Academy Awards throughout her career, winning three.
  • The song “The Way We Were” from the Barbara Streisand movie of the same name was one of those Oscar wins, which also won two Grammys.
  • The collaborating team of the Bergmans also won two other Oscars for their songs. 

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 Sports

8. Canada win ATP Cup with 2-0 win in singles over Spain

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  • Felix Auger-Aliassime won the ATP Cup title for Canada with a victory over Roberto Bautista Agut to give his country an insurmountable 2-0 lead against Spain.
  • Denis Shapovalov opened the match for Canada with a 6-4, 6-3 win over Pablo Carreno Busta.
  • Auger-Aliassime and Shapovalov won a deciding double against Russia in the semifinals to knock out the defending champions. 
  • And with the title on the line, they played their best tennis to defeat 2-time finalists of Spain

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 Sports

9. Rohan Bopanna and Ramkumar Ramanathan win doubles title in Adelaide

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  • India's Rohan Bopanna and Ramkumar Ramanathan won the men's doubles title at the Adelaide International ATP 250 event.
  • The unseeded pair beat top seeds Ivan Dodig and Marcelo Melo in the final to mark a victorious debut on the ATP Tour.
  • This is Ramkumar's first ATP Tour title while Bopanna won his 20th.
  • The Adelaide tournament is a warm-up for the Australian Open, the season's first Grand Slam.

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 Banking & Finance

10. RBL Bank collaborates with Google to advance next-gen customer experience

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  • RBL Bank and Google announced a strategic collaboration to fuel the Bank’s customer experience strategy.
  • Through this the bank will expand its value proposition to serve its rapidly growing customer base through the digital platform, Abacus 2.0.
  • It will enable better customer data management, and analytics, enabling effective cross-selling within the Bank’s large customer base. 
  • The Bank aims to provide a holistic one-stop solution to its existing and new customers.

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 National Affairs

11. Rajnath Singh flags in India’s 1st Multidimensional Adventure Expedition

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  • Rajnath Singh flagged in India’s 1st multi-dimensional Adventure Sports Expedition
  • It was conducted by the National Institute of Mountaineering and Allied Sports in France.
  • The expedition was conducted on Nov 21.
  • The team comprises 12 people - eight Army personnel and four youths of Arunachal Pradesh.
  • The expedition team carried out over 250 Km of winter trekking in the Alps Mountain Ranges. 
  • The expedition was organized as part of Azadi Ka Amrit Mahotsav.

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