Daily Current Affairs 4th Jan 2021 | Daily GK update Quiz

Exp. Union home minister Amit Shah on 3rd Jan released the inaugural issue of “National Police K-9 Journal.” The publication of the Police K9 Journal is another step in creating an ecosystem in the country to train and learn on augmenting this vital resource. The journal comprises different sections in Hindi and English.

“National security is paramount and our government is making sincere efforts to give equal attention to all aspects related to security. The police dog squad can act as a force multiplier to ensure the safety of society, much like the way drones or satellites are being used in the country.”

Exp. The Asian Development Bank (ADB) will provide a USD 100 million (around Rs 730 crore) loan to modernise and upgrade the power distribution system in Bengaluru city.

In parallel to underground distribution cables, over 2,800 km of fibre optical cables will be installed to strengthen communication network. Moving about 7,200 km of distribution lines underground will help reduce technical and commercial losses by about 30 per cent.

Exp. Bank of Baroda on 4th Jan announced the launch of banking services on messaging platform Whatsapp.

The lender is offering services such as balance enquiry, mini statement, cheque status enquiry, cheque book request, blocking debit card and information on products and services, among others via WhatsApp.

Exp. Tata Motors on 4th Jan announced its partnership with Karnataka Bank to facilitate retail finance solutions for its customers to boost sales.

Under this collaboration, customers can avail up to 85 per cent loans on the on-road pricing of a Tata Motors vehicle with an interest rate linked to External Benchmark Lending Rate (EBLR), which will be updated on the bank’s website periodically. The loan under the scheme can be availed for a maximum period of 84 months.

Exp. World Braille Day is annually celebrated on January 4, the birthday of Braille inventor, Louis Braille. And celebrates awareness of the importance of braille as a means of communication in the full realization of the human rights for blind and visually impaired people.

Exp. Goa’s 14-year-old Leon Mendonca has become India’s 67th chess Grandmaster by winning the third and final norm at a tournament in Italy. Mendonca, who achieved the feat at 14 years, 9 months and 17 days, is the second GM from the coastal state. The player achieved his first GM norm at the Rigo Chess GM Round Robin in October while the second came at the 1st Saturday event in Budapest in November and the final one at the Vergani Cup in Italy.

Exp. The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. Details about the calculations are provided in the net worth analysis on each billionaire’s profile page. The figures are updated at the close of every trading day in New York.

Reliance Industries Ltd’s (RIL) chairman Mukesh Ambani is no longer among top 10 richest billionaires in the world. According to the Bloomberg Billionaire Index, Mukesh Ambani’s current net worth stands at $76.7 billion (Rs 5.66 lakh crore). The RIL chief is at 12th position in the list of richest people in the world.

Exp. Ace mountaineer Colonel Narendra ‘Bull’ Kumar, who helped India secure the Siachen Glacier, passed away. He was responsible for the success of Operation Meghdoot in 1984. He was the first Indian to climb Mount Nanda Devi.

He climbed Mount Everest in 1965, Mount Blanc (highest peak in the Alps), and later Mount Kangchenchanga. He earned the nickname ‘Bull’ for relentlessly charging into everything he did.

Exp. Headquarters: Mangalore, Tagline: Your Family Bank Across India.

Exp. Headquarters: Vadodara, Gujarat

Chairman: Hasmukh Adhia

MD & CEO: Sanjiv Chadha

Exp. Bank of Baroda (BOB) is an Indian multinational, public sector banking and financial services company.

Exp. The MSF or Marginal Standing Facility (MSF) Rate is the rate at which RBI lends funds overnight to scheduled banks, against government securities. RBI has introduced this borrowing scheme to regulate short-term asset liability mismatch in a more effective manner.