DAILY GK: 30 , 31 DEC 2021
1.
INDIAN
ARMY ESTABLISHED QUANTUM LAB AT MCTE, MHOW IN INDORE, MP
·
The Indian Army has
established the Quantum Lab at the Military College of Telecommunication
Engineering(MCTE), in Military Headquarters Of War(Mhow), Indore, Madhya
Pradesh(MP).
·
The Quantum Lab was
established with the support of the National Security Council Secretariat
(NSCS) to spearhead research and training in this key developing field.
·
Indian Army has also
established an Artificial Intelligence (AI) Centre at the MCTE, Mhow with more
than 140 deployments in forward areas and active support of industry and
academia.
· Quantum
TechnologyThe researches undertaken by the Indian
Army in the field of Quantum Technology will advance into next generation
communication and transform the current system of cryptography in the Indian
Armed Forces to Post Quantum Cryptography (PQC).
2.
RBI’S
REPORT ON BANKING IN INDIA 2020-21
·
The Reserve Bank of
India (RBI) released the ‘Report on Trend and Progress of Banking in
India 2020-21’, which presents the performance of the banking sector,
including co-operative banks, and non-banking financial companies (NBFCs) during
FY21 and FY22 (till December 2021).
·
The
gross non-performing assets (GNPA) ratio of SCBs
(Scheduled Commercial Banks) declined from 8.2% at end of March 2020 to 6.9% at end-September 2021.
·
The
share of RSA (Restructured Advances)
has increased to 1.8 percent at end
September 2021 (from 0.8 percent as at end-March 2021 due to the restructuring
scheme 2.0 for retail loans and MSMEs which does not entail an asset
classification downgrade.
·
The increased in
deposit insurance from Rs 1 lakh to Rs 5 lakh augmented the share of co-operative depositors’ coverage from 42.7 percent (at end
March 2019) to 69.4 percent (at
end-March 2021).