Current Affairs Daily Digest – November 04 & 05 2021
Current Affairs Daily Digest – November 04 & 05 2021. Read and Download daily, monthly Current Affairs Daily Digest 2021 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month wise Current affairs 2020 PDF and Current affairs quiz PDF .
1. Niti Aayog, World Bank ready electric vehicles financing push
NITI (National Institution for Transforming India) Aayog and the World Bank (WB) are working together to facilitate a program for faster and easier financing of electric vehicles (EVs). NITI Aayog and World Bank are setting up a $300-million ‘first loss risk sharing instrument’, with the State Bank of India (SBI) as its program manager.
The current rate of interest for electric two-wheelers & electric 3 Wheelers, which is in the range of 20-25 per cent is expected to be reduced to 10-12 per cent.
2. Barclays’ new chief is India-born CS Venkatakrishnan
Barclays new CEO is CS Venkatakrishnan, an Indian-American and the first person of color to hold that position. Venkatakrishnan, who was most recently Barclays’ co-president and head of global markets, is stepping in as CEO after Jes Staley resigned over his ties with late financier Jeffrey Epstein, a convicted sex offender who died by suicide in prison three years ago.
3. South African author Damon Galgut wins Booker Prize
South African playwright and novelist, Damon Galgut has won the 2021 Booker Prize for “The Promise”, his third shortlisted novel which chronicles a family in his homeland from the late apartheid era through to Jacob Zuma’s presidency. Spanning several decades, the book shows the family’s growing disintegration as the country emerges into democracy.
4. WHO approves Bharat Biotech’s Covaxin for emergency use
Bharat Biotech’s Covaxin has got WHO approval as the technical advisory team has recommended the India-made vaccine for emergency use listing for 18 years and above. This marks a major victory for India’s journey in vaccination against Covid-19.
Covaxin is a vaccine, completely ‘made in India’, by Hyderabad-based Bharat Biotech and the Indian Council of Medical Research. WHO has so far approved Covid-19 vaccines of Pfizer-BioNTech, AstraZeneca-SK Bio/Serum Institute of India, Johnson 7 Johnson – Janssen, Moderna, and Sinopharm for emergency use.
5. World Tsunami Awareness Day: 5th November
World Tsunami Awareness Day was observed across the world on 5 November. The day is celebrated to spread awareness among people across the world in matters related to the dangers of tsunami.
In 2021, World Tsunami Awareness Day promotes “Sendai Seven Campaign,” target (f), which aims to ‘substantially enhance international cooperation to developing countries through adequate and sustainable support to complement their national actions for implementation of the present Framework by 2030.’
6. Unmukt Chand becomes the 1st Indian male to sign up for BBL
Unmukt Chand has become the first Indian male cricketer to sign up for the Big Bash League as he is set to feature in the Melbourne Renegades side in the upcoming edition.
The 28-year-old, who led India to the Under-19 World Cup title in 2012, has represented India A, apart from featuring in teams like Delhi Daredevils, Mumbai Indians, and Rajasthan Royals in the IPL. He announced his retirement from Indian cricket in August this year stating that he would explore ‘better opportunities from around the world’.
7. SpaceX sets up subsidiary in India
World’s richest person Elon Musk-owned SpaceX has incorporated its wholly-owned subsidiary in India to start local broadband operations. SpaceX’s satellite broadband arm Starlink aims to start broadband services in India from December 2022, with 2 lakh active terminals subject to permission from the government.
8. Arun Chawla named as Director-General of FICCI
Industry chamber Federation of Indian Chambers of Commerce & Industry (FICCI) named Arun Chawla as its new director-general. He will assume charge with immediate effect. He joined FICCI in 2011 and is currently the deputy secretary-general of the chamber. He joined the Federation of Indian Chambers of Commerce & Industry in 2011 and is currently the deputy secretary-general of the chamber.
9. India, Gambia sign two agreements for deepening bilateral relations
The Minister of State for External Affairs V. Muraleedharan visited the Republic of Gambia. The minister held meetings with its President Adam Barrow and other officials and also discussed bilateral cooperation between the two countries.
As per the press statement by the Ministry of External Affairs, the Minister of State was on a visit to the West African country from November 1 to November 3, 2021.
