Daily GK Update 6 and 7 February 2021, Daily Current Affairs 2021

Daily GK Update 6 and 7 February 2021, Daily Current Affairs 2021

Here we are regularly update the Daily GK Update & daily Current affairs 2021. If you are preparing for Government Job Exams then it is very important for you to read the Daily Current Affairs 2021, Daily GK Update 2021. All the important updates based on current affairs 2021 are included in this Daily Current Affairs 2021 article. All the serious candidates are advised to bookmark this page and read the GK Update on daily basis. It will help you mug up the important current affairs 2020 / Daily GK Update for LIC, IBPSSBI POSSCRailways  , SBI Clerk 2021 State and NRA CET Exam of 2021.

International (Current Affairs)

♦World’s First ‘Energy Island’ to be built by Denmark

  • The Government of Denmark build the world’s first energy island, in the North Sea that will produce and store enough green energy to meet the electricity needs of three million households in European countries.
  • The hub will strengthen the integration of Europe’s power grids and increase renewable electricity production necessary for a climate-neutral Europe.

Note: About Denmark

  • Capital: Copenhagen
  • Currency: Danish krone

Banking and Financial

♦PayPal to Stop Domestic Payment Services from 1 April 2021

♦PayPal to Stop Domestic Payment Services from 1 April 2021

  • The American Digital payment solutions provider PayPal announced that it will stop offering the domestic payment services within India beginning from April 1, 2021.
  • With this decision, the PayPal will not be able to offer the domestic payment services within India. But the company will now invest in the product development in order to enable the Indian businesses to reach 350 million PayPal consumers across the world and increase their sales internationally. This decision, in turn, will help the Indian economy return to growth.

Note: About PayPal

  • Founded: December 1998,
  • HQ: California, United States
  • CEO: Dan Schulman

♦RBI to set up Expert Committee on Urban co-op Banks

  • The Reserve Bank of India (RBI) has decided to set up an expert committee on Urban Co-operative Banks (UCBs).
  • The committee is being set in accordance with the provisions of the Banking Regulation (Amendment) Act, 2020. The act became applicable to the Primary or the Urban Co-operative Banks (UCBs) from June 26, 2020. The amendments in the act have brought the equal regulatory and supervisory powers between UCBs and commercial banks.

♦MOHUA- Zomato partnership under the PM SVANidhi

  • The Ministry of Housing and Urban Affairs (MOHUA) and Zomato have signed a MoU under the Prime Minister Street Vendor’s AtmaNibhar Nidhi (PM SVANidhi) Scheme.
  • Under the MoU, it was decided to onboard the street food vendors on the food-tech platform of Zomato. This would help the street food vendors to access online the thousands of consumers. It will also help these vendors to grow their businesses.

♦RBI to adopt “One Nation One Ombudsman” approach

  • The Reserve Bank of India (RBI) has announced that it will integrate the consumer grievances redressal under a single ombudsman as opposed to the three grievance redressal schemes working at present.
  • There are dedicated ombudsman schemes for the consumer grievance redressal in the banking, non-bank finance companies and digital transactions.
  • Now, the bank has decided to integrate the three Ombudsman schemes. The central bank has also operationalized the complaint management system (CMS) portal as a one stop solution. This portal will be used for the alternate dispute resolution of the customer complaints which are not resolved by regulated entities.

Note: About RBI

  • Governor: Shaktikanta Das
  • Deputy Governor: P. Kanungo
  • Deputy Governor: Mahesh Kumar Jain
  • Deputy Governor: M. D. Patra
  • Deputy Governor: M Rajeshwar Rao

♦Federal Bank launches ‘FedFirst’ savings account scheme for children

♦Federal Bank launches ‘FedFirst’ savings account scheme for children

  • Federal Bank has announced the launch of “FedFirst”, a special savings account scheme for children below 18 years of age. The account helps children develop healthy saving and spending habits, thereby giving them the freedom to save, spend and earn.
  • The account holder is provided with a FedFirst contactless Debit Card with a daily cash withdrawal limit of ₹2,500 and POS/e-com limit of ₹10,000, in addition to free online facilities including access to internet banking, mobile alerts and e-mail alerts.

Note: About Federal Bank

  • MD & CEO: Shyam Srinivasan.
  • HQ: Aluva, Kerala.
  • Tagline: Your Perfect Banking Partner

♦Bharti AXA General Insurance launches #EkNayaNazariya Campaign

♦Bharti AXA General Insurance launches #EkNayaNazariya Campaign

  • Bharti AXA General Insurance has launched a new campaign called #EkNayaNazariya by asking everyone to express their gratitude with the #IssJungMeinHumSangHai statement.
  • The aim of this campaign is to acknowledge the caregivers who are supporting cancer survivors. And for this  Bharti AXA General Insurance collaborated with spoken word poet and caregiver, Priya Malik for a poignant tribute, ‘NayaNazariya’ to shed light on the selfless devotion of caregivers everywhere.

Note: About Bharti AXA General Insurance

  • CEO: Sanjeev Srinivasan
  • Founded: 2008
  • Headquarters: Mumbai


♦SN Subrahmanyan Appointed As Chairman of National Safety Council

♦SN Subrahmanyan Appointed As Chairman of National Safety Council

  • SN Subrahmanyan has been appointed as chairman of the National Safety Council (NSC) or a period of three years, informed the Ministry of Labour and Employment on 6th Feb.
  • Subrahmanyan, the CEO and Managing Director of Larsen and Toubro Limited (L&T), is an engineer who had worked in the infrastructure business of the firm for several years.
  • The NSC will assist Directorate General Factory Advice Service and Labour Institutes (DGFASLI) in re-writing the regulations governing OSH Code in the country which have not been updated for over 50 years. The NSC will also be involved in framing the scheme for third party audit and certification under the OSH Code.
  • The council is already working on the safety rating of establishments based on their OSH readiness and performance which can be extended through the country and linked to the inspection system.

Note: About National Safety Council

  • Founded: 13 October 1913,
  • Headquarters: United States

Important Day

♦6 February: International Day of Zero Tolerance for Female Genital Mutilation

  • International Day of Zero Tolerance for Female Genital Mutilation is observed on 6 February to spread awareness and educate people about the consequences and problems that females faced due to genital mutilation.
  • Theme 2021: “No time for Global inaction, unite, fund, and act to end Female Genital Mutilation.”

Book and Author

♦Jhumpa Lahiri”s new book “Whereabouts” to release in April

  • Pulitzer prize-winning Jhumpa Lahiri will be coming out with a new novel in April, Penguin India announced on 4th Feb.
  • The new book, titled “Whereabouts”, follows Lahiri”s 2013 novel “The Lowland” and 2006”s “The Namesake”. Written in Italian and translated into English by Lahiri, “Whereabouts” is the story of a woman protagonist and her journey through life.


♦Indian tennis great Akhtar Ali passes away

  • Tennis legend Akhtar Ali passed away on 7th Feb. Ali played in eight Davis Cup ties against Pakistan, Malaysia, Iran, Mexico, Japan and Monaco between 1958 and 1964. He also captained and coached the Indian side. He also played in the Wimbledon and French Open grand slam events.
  • Akhtar Ali was conferred the Arjuna Award in 2000 for lifetime contribution to tennis.

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