Current Affairs Daily Digest – December 04 & 05 2021

Current Affairs Daily Digest – December 04 & 05 2021

Current Affairs Daily Digest – December 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 .

Latest Current Affairs


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 Government of India to help improve the quality of the country’s school education and mitigate the impact of the Covid-19) pandemic on students’ learning.

The loan supports the Integrated Scheme for School Education (Samagra Shiksha) and the new Exemplar School Initiative of the Ministry of Education (MOE) to improve education quality by focussing on inclusive and equitable learning outcomes.

2. 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 scheme is called Mahila Mitra Plus and provides a curated set of features, designed to make financial planning and investments easy for women.

3. India will have nine nuclear reactors by 2024

The nation will have nine nuclear reactors by 2024 and a new nuclear project, the first in northern India, will come up 150 kms away from Delhi in Gorakhpur of Haryana, the government informed the Rajya Sabha.

By 2024, India will have nine nuclear reactors plus 12 new additional ones which were approved during the Covid times with a capacity of 9000 MW.

4. 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.

5. International Day of Banks: 04 December

International Day of Banks is celebrated on December 4 to recognise the importance of multilateral and international development banks in financing sustainable developments.

United Nations also observes the day in recognition of the vital role of banking systems in Member State in contributing to the improvement of the standard of living.

6. 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.

7. Pradip Shah appointed as Chairman of National Asset Reconstruction Company

Pradip Shah, the founder of IndAsia Fund Advisors, has been appointed chairman of the National Asset Reconstruction Company (NARCL). Shah, an MBA from Harvard and chartered accountant, is credited for establishing India’s first and largest housing finance company, HDFC, and rating firm Crisil.

8. World Cooperative Monitor report 2021: IFFCO ranks first

The Indian Farmers Fertiliser Cooperative Limited (IFFCO) has been ranked ‘number one Cooperative’ among the top 300 cooperatives in the world.

The ranking is based on the ratio of turnover over the gross domestic product (GDP) per capita. It signifies that IFFCO is contributing significantly to the GDP and economic growth of the nation. The 2021 edition of the 10th Annual World Cooperative Monitor (WCM) report, withholding its position from the 2020 edition.

9. Indian Navy Day : Celebrate The Achievements 04 December

In India, December 4 is observed as the National Navy Day every year, to celebrate the achievements and role of the naval force to the country. The theme of Indian Navy Day 2021 is ‘Swarnim Vijay Varsh’ signifying 50 years of India’s victory in the Indo-Pakistan war that took place in 1971.

10. India, Bangladesh to celebrate Maitiri Diwas on 6 December

India and Bangladesh have decided to celebrate December 6, the day on which India formally recognized Bangladesh, as “Maitri Diwas” (Friendship Day). During the visit of PM Narendra Modi to Bangladesh in March 2021 to attend the national day of Bangladesh, it was decided to commemorate 6 December as Maitri Diwas (Friendship Day).