Daily Current Affairs for BBA & IPM and HM Entrance Exams: 29th December 2021

By Rajat Pandey|Updated : December 29th, 2021
  • Current Affairs plays a vital role in the preparation of BBA & IPM and HM Entrance exams. Current Affairs keep you update about the happenings around the world. The majority of questions asked in the exam are from the latest current affairs. 
  • Current Affairs not only keeps you up to date but also provides you a better perspective and knowledge about the important burning issues worldwide

 National & International Appointments

1. Atul Kumar Goel appointed as MD & CEO of Punjab National Bank

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  • MD & CEO of UCO Bank, Atul Kumar Goel has been appointed as the MD & CEO of Punjab National Bank (PNB) with effect from 1st February 2021.
  • He will serve as Officer on Special Duty (OSD) in PNB, until January 31, 2022 and PNB chief until December 31, 2024.
  • He succeeded Mallikarjuna Rao.
  • In his place, Soma Sankara Prasad has been appointed as MD & CEO of UCO Bank.
  • HQs of Punjab National Bank: New Delhi.

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 Honours & Awards

2. Alia Bhatt conferred with PETA India’s 2021 ‘Person of the Year’

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  • Alia Bhatt has been conferred with 2021 ‘Person of the Year’ by People for the Ethical Treatment of Animals (PETA) India
  • She was awarded this prestigious title to celebrate her work in support of an animal-friendly fashion industry and her advocacy for dogs and cats in need
  • Her vegan kidswear line, Ed-a-Mamma, also won 2021 PETA India fashion award
  • She is actively involved in animal welfare activities and regularly voices out the need for stronger animal protection laws

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 International Affairs

3. Japan introduces world's first dual-mode vehicle

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  • Japan has introduced world's first dual-mode vehicle that can run on roads and tracks
  • It can carry up to 21 passengers and runs at a speed of 60km/h on rail tracks and can go as fast as around 100km/h on public roads
  • This feature of effectively changing into train-like module easily on a rail track is the first of its kind.
  • It runs along part of coast of Shikoku island in southern Japan, connecting several small towns and offering passengers attractive seaside scenery

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 National & International Appointments

4. Eishin Chihana takes charge as Chairman of Yamaha Motor India Group

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  • Eishin Chihana has taken charge as the Chairman of the India Yamaha Motor (IYM) Group
  • He has been associated with Yamaha Motor Company and its group companies across the globe since 1991.
  • He holds strong expertise across different verticals like Sales, Marketing and Business Management, with a major focus on Motorcycle Business Operations in European, North American, African, Middle Eastern and ASEAN markets.

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 National Affairs

5. India to become 3rd largest economy in 2031, says CEBR

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  • Centre for Economics and Business Research (CEBR) has predicted that India will become the third-largest economy in 2031 in its annual World Economic League Table
  • CEBR also predicted that China will overtake the US in 2030, two years later than forecast a year ago.
  • India will also see an improvement in its ranking in the World Economic League Table (WELT), rising from 7th place in 2021.
  • Overall, economy is estimated to have grown by 8.5% in 2021, with output in 2021 

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 Sports

6. Mohammed Shami becomes fifth Indian pacer to take 200 Test wickets

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  • Mohammed Shami has become fifth Indian pacer to take 200 Test wickets, after achieving the feat on Day 3 of first India-South Africa Test match in Centurion.
  • He has joined Kapil Dev, Javagal Srinath, Zaheer Khan, and Ishant Sharma in the elusive list
  • He reached the milestone in 55 Test matches and is the third quickest Indian after Kapil, Srinath to join the list
  • His exceptional bowling effort helped India bowl South Africa out for a score of 197 in the first innings

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 National & International Appointments

7. Violet Baruah becomes first woman IG of Assam Police

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  • IPS officer Violet Baruah became the first-ever woman to get promoted to the rank of Inspector General in Assam Police with effect from January 1, 2022
  • She received President’s Police Medal for Distinguished Service this year and also in 2012.
  • She is currently posted as the Deputy Inspector General of Police (BTAD) in Kokrajhar district
  • She joined police force in 1992 as an Assam Police Services officer and got nominated to IPS in 2004.

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 National Affairs

8. Atal Ranking of Institutions on Innovation Achievements (ARIIA) 2021

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  • Minister of State for Education, Subhas Sarkar has virtually announced Atal Rankings of Institutions on Innovation Achievements (ARIIA) 2021
  • ARIIA-2021 ranks will be announced in 9 separate categories: Centrally funded technical institutions (eg IITs, NITs, etc), State Universities, Technical colleges, Private universities, non-technical government and private universities and institutions.
  • First edition of the ARIIA was launched in 2018.

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 State Affairs

9. PM inaugurates Bina (MP)-Panki (UP) Multiproduct pipeline project

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  • PM Narendra Modi has inaugurated Multiproduct pipeline from Bina Refinery (MP) to POL Terminal at Panki, Kanpur (UP)
  • It is a 356 Km long project and has a capacity of 3.45 million metric tonne per annum
  • It also includes augmentation of Tankage capacity and construction of Rail Loading Gantry
  • Total cost of the project: Rs.1524 crore 
  • It will cover 5 districts of UP: Lalitpur, Jhansi, Jalaun, Kanpur Dehat, Kanpur Nagar and 2 of MP: Sagar and Tikamgarh

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 State Affairs

10. PM inaugurates Kanpur Metro Rail Project

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  • Prime Minister Narendra Modi has inaugurated Kanpur Metro Rail Project and undertook a metro ride from the IIT metro station to Geeta Nagar.
  • Entire length of the Metro Rail Project in Kanpur is 32 Km, and is being built at a cost of around ₹11,000 crore.
  • After including Kanpur Metro in UP, length of the metro in the state has now exceeded 90 km.
  • It will improve urban mobility and will complete 9 Km long section from IIT Kanpur to Moti Jheel.

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 National Affairs

11. MSD launches project to upskill the cane and bamboo artisans of Nagaland

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  • Union Minister Rajeev Chandrasekhar has digitally launched a pilot project for upskilling the cane and bamboo artisans of Nagaland under Recognition of Prior Learning (RPL), component of Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
  • Aim: to upskill the local weavers and artisans to enhance their productivity through RPL and certification in traditional handicrafts
  • Under the initiative, each batch shall run for 12 days with 12 hours orientation and 60 hours Bridge Module

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 Banking & Finance

12. ICRA: India's GDP expected to grow at 9% in FY22 and FY23

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  • Credit rating agency ICRA has announced that India's GDP is likely to maintain a 9% growth rate in fiscal 2022 and 2023, amid concerns over Omicron variant of COVID-19.
  • India's economy grew at 8.4% in the second quarter of the current fiscal, as against a growth of 20.1% in the April-June quarter.
  • Net loss to economy from pandemic estimated at ₹39.3 trillion during 2021-23.
  • CEO of ICRA: Ramnath Krishnan.

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 Science & Technology

13. DRDO hand over technology for extreme cold weather clothing systems

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  • Defence Research and Development Organisation Chairman, G Satheesh Reddy has handed over technology for indigenous extreme cold weather clothing systems to five Indian companies.
  • This clothing will be beneficial for the soldiers of the Indian Army who works in difficult terrains like glacier 
  • Presently, Army imports extreme cold weather clothing and several Special clothing and mountaineering equipment items for the troops deployed in high altitude regions

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 National & International Appointments

14. Indian-Origin Judge gets appointed to South Africa's Highest Judicial Bench

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  • Judge of Indian origin named Narandran Kollapen gets appointed to South Africa's Constitutional Court, considered highest judicial bench.
  • He has been appointed by President Cyril Ramaphosa and Rammaka Steven Maphoso after a rigorous process of interviews.
  • He began his legal career in 1982 and an active advocate for human rights
  • He became South African Human Rights Commission commissioner in 1997 and served for several years until 2009.

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 National Affairs

15. Defence Minister e-inaugurated 27 infra projects by BRO

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  • Defence Minister Rajnath Singh has e-inaugurated 27 infra projects constructed by Border Roads Organisation (BRO).
  • BRO has been playing a significant role in building roads, tunnels and other infrastructure in remote areas.
  • Road built at an altitude of 19,000 feet on the Umling-La pass in southern Ladakh, has now become world's highest motorable road.
  • Road will not only facilitate faster dispatch of armed forces but also give a boost to tourism in the region

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