11 August 2021 Current Affairs
According to DICGC Bill, the account holders are expected to get up to Rs.5 lakh within how many days of the RBI imposing a moratorium on their banks?
The Lok Sabha passed a bill that provides account holders security of their money by allowing access to up to Rs 5 lakh within 90 days of a bank coming under a moratorium imposed by RBI.
Commodore Kasargod Patnashetti Gopal Rao, a 1971 war hero and recipient of the Mahavir Chakra, passed away. Rao was a recipient of the Veer Seva Medal also.
A book titled "How the Earth Got Its Beauty" authored by Sudha Murty. The book was published by Penguin Random House imprint Puffin has illustrations by Priyanka Pachpande.
World Biofuel Day is observed on August 10 every year. The day is celebrated to raise awareness about the importance of non-fossil fuels as an alternative to conventional fossil fuels and highlight the various efforts made by Government in the biofuel sector.
The Centre will spend Rs. 11,000 crores for a new mission to ensure self-sufficiency in edible oil production at a time when India's dependence on expensive imports has driven retail oil prices to new highs.