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Daily GK Current Affairs viable of 4 December 2021

Daily GK Current Affairs viable of 4 December 2021

Daily GK Current Affairs News viable of 4 December 2021.Here is the Regular current affairs viable of 4 December 2021 covering the following news headlines: International Day of Banks, Indian Navy Day, Federal Bank, Ratan Tata, World Cooperative Monitor report 2021, National Asset Reconstruction Company.

Daily Current Affairs update are incorporated with the important news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc.

So, here is the GK update of 4 December 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Here current affairs have been categorized which is as follows

  • National News
  • Banking News
  • Business News
  • Awards News
  • Important Days

National News

  1. Earth Station of Doordarshan Kendra inaugurated in Gorakhpur
  • Union Minister of Information and Broadcasting Anurag Singh Thakur and Uttar Pradesh Chief Minister Yogi Adityanath inaugurated Earth Station of Doordarshan Kendra at Gorakhpur.
  • Three FM stations of All India Radio were also inaugurated virtually on the occasion. This will be the second earth station of Doordarshan in Uttar Pradesh and it is being built at a cost of Rs.7 crore.
  • This Earth Station will enable the programmes generated at the local level to be telecast live through DTH across the world. The Earth Station at Doordarshan Kendra Gorakhpur will be a boon to local Bhojpuri artists as they have been demanding it for a long.
  • Three FM stations of All India Radio were inaugurated today are at Etawah, Lakhimpur Kheri and Bahraich districts. The addition of these FM stations will further enhance the reach of All India Radio, especially, in the Indo-Nepal border areas.
  1. India will have nine nuclear reactors by 2024
  • The country will have nine nuclear reactors by 2024 and a new nuclear project, the first in North India, will come up in Haryana’s Gorakhpur, 150 km from Delhi, the government informed the Rajya Sabha.
  • By 2024, India will have nine nuclear reactors and 12 new additional reactors, which were approved during the times of covid, with a capacity of 9000 MW.
  • The minister said that nuclear energy will soon emerge as one of the most important sources of alternative or clean energy for the increasing power demand of the country.
  • India is counting on its nuclear program to help meet its Paris climate commitments to reduce the emissions intensity of its economy by a third from 2005 levels by 2030.

Banking News

  1. SBI listed USD 650-million Green Bonds on India INX and LuxSE
  • State Bank of India (SBI) listed its green bonds worth USD 650 million on the India International Exchange (India INX) and Luxembourg Stock Exchange (LuxSE) together.
  • This dual listing is in line with the 2021 theme of World Investor Week (WIW), ‘Sustainable Finance’, as indicated by the regulatory body International Financial Services Center Authority (IFSCA). India INX has now emerged as the leading bond listing destination with over $33 billion.

Important takeaways for all competitive exams:

  • India INX Founded: 2017;
  • India INX Headquarters: Gandhinagar, Gujarat;
  • India INX MD & CEO: V. Balasubramaniam.
  1. Federal Bank launches an exclusive feature-rich scheme for women
  • Private sector lender, Federal Bank has launched a feature-rich savings bank product for women. The savings plan is called Mahila Mitra Plus and offers a curated set of features, designed to make financial planning and investing easier for women.
  • Special features include special preferential interest rates on home loans, processing fee waiver for home loans, complimentary and customized insurance cover.
  • The special features include exclusive preferential interest rates on housing loans, processing fee waiver for home loans, complimentary and customised insurance cover.

Important takeaways for all competitive exams:

  • Federal Bank Founded: 23 April 1931;
  • Federal Bank Headquarters: Aluva, Kerala;
  • Federal Bank MD & CEO: Shyam Srinivasan;
  • Federal Bank Tagline: Your Perfect Banking Partner.

Business News

  1. ADB approves $500-million loan to improve quality of school education
  • The Asian Development Bank (ADB) has approved a $500 million loan to the Indian government to help improve the quality of school education in the country and mitigate the impact of the COVID-19 pandemic on students’ education.
  • The loan supports the Integrated Scheme for School Education (Samagra Shiksha) and the Ministry of Education’s (MoE) new Exemplary School Initiative to improve the quality of education by focusing on inclusive and equitable learning outcomes.
  • About 1,800 government schools will be transformed into exemplar schools in Assam, Gujarat, Jharkhand, Tamil Nadu, and Uttarakhand. Exemplar schools will demonstrate quality learning environments and effective learning, which will become a model for replication in other government schools across the country.

Important takeaways for all competitive exams:

  • Minister of Education: Dharmendra Pradhan.

Awards News

  1. Ratan Tata to get Assam’s highest civilian award
  • On the occasion of Assam Divas, the state government of Assam has decided to accolade renowned industrialist Ratan Tata with the ‘Asom Bhaibav’ award, the highest civilian state award for his contribution to cancer care in the state.
  • The awards that precede it are Asom Saurav, followed by Asom Gaurav. With healthcare as one of its top priorities, the Assam government is showing its appreciation towards Tata’s push to cancer care in the region.
  • The Tata Trust, in collaboration with the Assam government, had decided to set up 19 cancer care units during the ‘Advantage Assam – Global Investment Summit’ in 2018 and an MoU had been signed between the Assam government and Tata Trusts.

Important takeaways for all competitive exams:

  • Assam Governor: Jagdish Mukhi;
  • Assam Chief Minister: Himanta Biswa Sarma.

Important Days

  1. Indian Navy Day : Celebrate The Achievements 04 December
  • In India, 4th of December every year is observed as National Navy Day to celebrate the achievements and role of the Naval force in the country.
  • The theme of Indian Navy Day 2021 is ‘Golden Victory Year’, which marks 50 years of India’s victory in the 1971 Indo-Pakistani War.
  • The Indian Navy is a naval branch of the Indian Armed Forces headed by the President (Commander-inChief) of India. Back in 1971, during the Indo-Pakistani War, 4 December was chosen to launch Operation Trident against Pakistan.

Important takeaways for all competitive exams:

  • Chief of Naval Staff: Admiral R Hari Kumar;
  • Indian Navy Founded: 26 January 1950.
  1. International Day of Banks: 04 December
  • International Bank Day is observed on 4 December to recognize the importance of multilateral and international development banks in financing sustainable development.
  • The United Nations also celebrates the day in recognition of the important role the banking systems play in contributing to the improvement of living standards in the member state.
  • In 2019, the United Nations General Assembly designated 4 December as the International Day of Banks. It is celebrated for the first time in 2020.

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