Current Affairs 1st December 2021, Daily GK Update

Daily GK & Current affairs is very important for any Government and other Competitive Exams. All the important updates based on current affairs 2021 are included in this Daily Current Affairs 1 December 2021 article.

01/12/2021

Current Affairs 1st December 2021, Daily GK Update

Daily Current Affairs 2021: Daily Gk update is the most important section for any competitive examination. Current affairs are generally asked from the last 4-5 months, so here, Ambitious Baba regularly updates the Daily GK Update & daily Current affairs 2021.

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Table of Contents

National News

Nagaland police launched ‘Call your Cop’ mobile App for citizens

T John Longkumer, Director-General of Police (DGP) Nagaland, launched the Nagaland Police’s mobile app named ‘Call Your Cop’ at the Police headquarters (PHQ) in Kohima, Nagaland.
The app was developed by the Police Headquarters CID branch in collaboration with Excellogics Tech Solutions Pvt Ltd, Nagaland.
Aim: To enable all the citizens, especially those who are under stress, to get in touch with the police.

About Nagaland:

Capital: Kohima
Chief Minister: Neiphiu Rio
Governor: Jagdish Mukhi (additional charge)

Centre formed a committee to review criteria for reservation for EWS: headed by Ajay Bhushan Pandey

Ministry of Social Justice and Empowerment has formed a three-member committee to review the criteria for reservation for the Economically Weaker Sections (EWS) category in terms of the provisions of the explanation to Article 15 of the Constitution.
Former Finance Secretary Ajay Bhushan Pandey will head the committee.

The members of the committee:

Ajay Bhushan Pandey – former finance secretary, GOI (Chairman)
V K Malhotra – Member secretary of Indian Council of Social Science Research (ICSSR)
Sanjay Sanyal – Principal economic advisor to GOI (Member Convenor)

List of Latest Committee and Headed by

SC’s committee to Probe unauthorized surveillance using Pegasus in India: R V Raveendran
Reconstituted Economic Advisory Council to the PM: Bibek Debroy
SEBI formed IT Projects Advisory Committee (IT-PAC): Abhay Karandikar
SEBI reconstituted Technical Advisory Committee: Deepak B Phatak
Technology Innovation Group on 6G formed by DoT: K Rajaraman
Committee to determine RoDTEP rates for exports from SEZs, EOUs: Gopal Krishna Pillai
‘Central Vista Oversight Committee’ to expedite pace of project: Ratan P Watal

NITI Aayog committee released a report on Online Dispute Resolution; headed by Arjan Kumar Sikri

NITI Aayog has released a report on Online Dispute Resolution (ODR) titled as ‘Designing the future of dispute Resolution: the ODR Policy Plan for India’ to advance access to justice and ensure that cases do not end up before higher courts.
It recommends increasing digital infrastructure, building capacity, regulatory framework.
For the initiation of ODR, NITI Aayog constituted a committee in 2020 to formulate an action plan for ODR, headed by Justice (Retd) Arjan Kumar Sikri.

About NITI Aayog:

Formed: 1 January 2015
Headquarters: New Delhi
Chairperson: Narendra Modi
Vice Chairperson: Rajiv Kumar
CEO: Amitabh Kant

International News

ADB approved $125 million loan for Uttarakhand water supply and sanitation projects

The Asian Development Bank approved a loan of $125 million (around Rs 938 crore) for water supply and sanitation projects in Uttarakhand.
The funds will be utilized to improve access to quality water supply and sanitation services to the entire population of about 154,000 people. About 17,410 households in Dehradun will be connected to the sewerage system.
Aim: To build cost-effective city-wide sanitation, wider-reach, and less water-dependent, and to engage the private sector in building the skills of concerned urban local bodies.

About Asian Development Bank (ADB):

Founded: 19 December 1966
Headquarters: Mandaluyong, Philippines
President: Masatsugu Asakawa
Members: 68 countries

List of Loan approved by ADB in 2020-21

$4.5 million: for Mizoram to support Urban Mobility
$251 million: Integrated Urban Flood Management in Chennai
$100 million: to promote agribusiness network, reduce food losses in Maharashtra
$250 million: to support India’s National Industrial Corridor Development Program (NICDP)
$61 Million: loan under ‘Agartala City Urban Development Project’
USD 300 million: loan to improve access to healthcare in urban areas
USD 1.5 billion: to India for COVID-19 vaccine procurement

South Korea will build world’s first floating city by 2025

South Korea is soon going to get the world’s first floating city, to deal with the problem of floods due to rising sea levels.
The floating city project is a joint effort by the UN Human Settlement Programme (UN-Habit) and the city will be built off the coast of Busan in South Korea and is likely to be completed by 2025.

About South Korea:

Capital: Seoul
Currency: South Korean won
President: Moon Jae-in

Magdalena Andersson appointed as the 1st Female PM of Sweden

On 29 November 2021, the former Finance Minister of Sweden, Eva Magdalena Andersson from the Social Democratic Party (SDP) won her 2nd election and became the 1st female Prime Minister (PM) of Sweden.
On 24 November 2021, she was first elected as the PM but later resigned after her coalition partner (Green Party) quit the government and the budget failed to pass.

About Sweden:

Capital: Stockholm
Currency: Swedish krona

Banking and Financial

Government collected Rs 1.31 lakh crores as GST for November 2021

The gross GST revenue collected in the month of November 2021 is Rs 1,31,526 crore. The CGST was Rs 23,978 crore, SGST is Rs 31,127 crore. The IGST was Rs 66,815 crores (of this Rs 32,165 crores was collected from the goods imported). The cess collected was Rs 9,606 crores (This includes Rs 653 crores from the imported goods).
The GST revenue collected for the month of November is 25% higher than the GST revenue of November 2020. And is 27% higher than GST revenue collected in November 2019.

Note: List of previous months GST Collection

October 2021: Rs 1.30 lakh crores
September 2021: Rs. 1,17,010 crores
August 2021: Rs. 1.12 lakh crores
July 2021: Rs. 1,16,393 crores
June 2021: Rs. 92,849 crores
May 2021: Rs. 1,02,709 crores
April 2021: Rs. 1.41 lakh crores (All time Highest)
March 2021: Rs. 1.24 lakh crores
February 2021: Rs 1,13,143 crores
January 2021: Rs. 1,19,847 crores

Ind-Ra projected India’s GDP 9.4% in FY22

The rating agency, India Ratings and Research (Ind-Ra) expects India’s Gross Domestic Product (GDP) in the Second Quarter of Financial Year-2022 (Q2 FY22) at 3 percent and in FY22 at 9.4 percent.
Workplace mobility in Q1 FY22 was 26 percent lower than the baseline and 16 percent lower year-on-year than the baseline at The government’s capital expenditure (capex) grew 51.9 percent in Q2 FY22 as against 26.3 percent in Q2 FY21.

Note: India GDP projected for FY22 (2021-2022)

S&P Global Ratings-5%
Moody- FY22 at 9.3% and FY23 at 7.9%
Barclays: 7.7%
Brickwork Ratings: 10-10.5%
Economic Advisory Council to PM: 0-7.5% in FY23, 5% in FY22
Goldman Sachs: 9.1% in FY22

SBI signed MoU with Usha International for Empowering Women Entrepreneurs

State Bank of India has signed an MoU with Usha International Limited for empowering women entrepreneurs by providing financial assistance named ‘NAVCHETNA’ by SBI.
The financial assistance will be provided under the Joint Liability Group model. ‘NAVCHETNA’ makes women entrepreneurs self-reliant through the equal opportunity for financial growth and inclusion.
UIL has been providing necessary training to women through USHA Silai Schools across the country.

About State Bank of India (SBI):

Founded: 1 July 1955
Headquarters: Mumbai
Chairman: Dinesh Kumar Khara
SBI MDs: Ashwani Bhatia, C.S. Setty, Swaminathan Janakiraman and Ashwini Kumar Tewari
Chief Financial Officer (CFO): Charanjit Surinder Singh Attra

PNB will acquire 9.5% stake in ONDC Ltd

The Punjab National Bank (PNB) will become the promoter of Open Network for Digital Commerce (ONDC) limited by investing over 9 % (~9.5 %) stake in the company.
ONDC is yet to be incorporated by the Companies Act 2013. PNB will have 9.5 % equity capital in the ONDC or INR 25 crore, whichever is lower.

About Punjab National Bank (PNB):

Founded: 1894
Headquarters: New Delhi
MD & CEO: S. S. Mallikarjuna Rao
Tagline: The Name You Can Bank Upon

Awards

International Press Institute India Award for Excellence in Journalism 2021 given jointly to NDTV & The Week

Sreenivasan Jain and Mariyam Alavi of NDTV, and Lakshmi Subramanian and Bhanu Prakash Chandra of The Week have been jointly awarded International Press Institute (IPI) India Award for Excellence in Journalism 2021.
IPI India Award for Excellence in Journalism 2020 has been conferred to Ritika Chopra of The Indian Express.
The award comes with a cash prize of Rs 1 Lakh, a trophy, and a citation. The Vienna-based International Press Institute (IPI) is a global organization dedicated to the promotion and protection of press freedom and the improvement of journalism practices.

Merriam-Webster declared ‘Vaccine’ as Word of the Year for 2021

American publishing company Merriam-Webster has declared the word ‘Vaccine’ as its Word of the Year for 2021.
Vaccine word saw a 601% increase in definition lookups over the year, compared to 2020. The term ‘vaccine’ was used as an adjective in 1799 by British general practitioner Edward Jenner and vaccination was introduced by Richard Dunning in 1800.

Book and Author

Narotam Sekhsaria wrote his autobiography ‘The Ambuja Story: How a Group of Ordinary Men Created an Extraordinary Company’

Narotam Sekhsaria, Former Vice Chairman/Founder/Promoter, Ambuja Cements Ltd, has authored his autobiography titled ‘The Ambuja Story: How a Group of Ordinary Men Created an Extraordinary Company’ which is set to be released in December 2021.
The book features the story of his rise from a small-time cotton trader to setting up one of the largest cement companies in the country, Ambuja cements, one of India’s finest companies.

Important day

1 December: World AIDS Day

Every year the World AIDS Day is celebrated on December 1. The day is being celebrated since 1988.
It is celebrated to create awareness against the spread of Human Immunodeficiency Virus (HIV) infection.
Theme 2021: End inequalities. End AIDS and End Pandemics.

1 December: Nagaland Statehood Day

Nagaland is celebrating its Statehood Day on 1 December 2021. Nagaland was granted statehood on December 1, 1963, with Kohima being declared as its capital.
Prior to this, Naga leaders and the central government reached an agreement to create a separate region of the Naga Hills in 1957. The State of Nagaland Act, 1962, was thus enacted by the Parliament to give Nagaland statehood.

1 December 2021: BSF 57th Raising Day

The Border Security Force (BSF) is celebrating its 57th Raising Day on 01 December 2021. BSF was formed on December 1, 1965, as a unified central agency after the Indo-Pak and India-China wars for ensuring the security of the borders of India and for matters connected therewith.
It is one of the five Central Armed Police Forces of the Union of India and stands as the world’s largest border guarding force. BSF has been termed as the First Line of Defence of Indian Territories.

About Border Security Force (BSF):

Headquarters: New Delhi
Director-General: Pankaj Kumar Singh

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