Daily Current Affairs for MBA Exams: 29th December 2021

By Anjali Chowdhury|Updated : December 29th, 2021

 Sports

1. Nitesh Kumar won gold at 4th Para-Badminton National Championship

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  • World No. 7, Nitesh Kumar doubled his gold tally at 4th Para-Badminton National Championship, which concluded in Bhubaneswar, Odisha
  • Nitesh of Haryana along with his partner Tarun defeated World No. 1 Paralympic Games gold medallist Pramod Bhagat and Manoj Sarkar in straight sets by 21-19, 21-11 in the Men’s doubles finals to win the gold
  • Nitesh also won gold medal in Men’s singles category
  • World No 1 SL3 Para-Badminton player Parul Parmar from Gujarat also secured gold 

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  National Affairs

2. NITI Aayog releases Fourth Edition of State Health Index

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  • NITI Aayog has released the fourth edition of the State Health Index for 2019–20 that provides incremental performance in health outcomes and status.
  • Developed by: NITI Aayog, World Bank, and Ministry of Health and Family Welfare (MoHFW).
  • Top Larger State: Kerala and Tamil Nadu; Lowest Larger State: UP.
  • Top Smaller State: Mizoram; Lowest ranked smaller state: Nagaland.
  • Top UT: Dadra and Nagar Haveli and Daman and Diu.

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 Sports

3. Harbajan Singh announces retirement from all forms of cricket

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  • Indian off-spinner Harbhajan Singh (41 years) has announced retirement from all forms of competitive cricket.
  • He made his Test debut against Australia in Bangalore back in 1998 and took a total of 417 wickets in 103 Tests.
  • He also took 269 wickets in 236 One Day International and 25 wickets in 28 T20 internationals during his two-decades-long career.
  • He is the fourth-highest wicket-taker from India
  • He played 163 IPL matches and took 150 wickets

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 National & International Appointments

4. Dinanath Dubhashi appointed as Additional Director of FIDC

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  • MD and CEO, L&T Finance Holdings, Dinanath Dubhashi have been appointed as an Additional Director of Finance Industry Development Council (FIDC).
  • This move has been taken as Sanjay Chamria has resigned as the Co-Chairman and Director, FIDC.
  • Apart from him, Kamlesh Gandhi has been appointed as Co-Chairman of FIDC in addition to Umesh Revankar.
  • FIDC is a representative body of asset and loan financing NBFCs, has announced fresh appointments to its board of directors.

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 Honours & Awards

5. Viral Desai won Global Environment and Climate Action Citizen Award

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  • Surat's noted industrialist Viral Desai has been awarded the prestigious Global Environment and Climate Action Citizen Award in Dubai
  • He is popularly known as Greenman for his love for the environment
  • Twenty-eight prominent personalities from 11 countries, including the UK, US, New Zealand, France, and Malaysia, were felicitated with the prestigious awards on the occasion
  • Some of the other awardees include motivational speaker Padma Gaur Gopaldas and others.

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 National Affairs

6. JSW Group launches employee-friendly electric vehicle policy

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  • JSW Group launches JSW Group’s new EV Policy to increase adoption of EVs in India and enable access to green mobility
  • It will facilitate up to Rs 3 lakhs as an incentive for its employees to purchase electric four- and two-wheelers, seeking to help India’s Nationally Determined Contributions (NDCs) and Sustainable Development Scenarios (SDS) of the International Energy Agency (IEA).
  • It will be effective from January 2022.

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 International Affairs

7. Bangladesh become India's fourth-largest export destination in FY22

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  • Bangladesh has become India’s fourth-largest export destination in FY22, jumping five places in two years.
  • According to data, during the first seven months of FY22, exports to Bangladesh grew 81% over the same period in the preceding year to $7.7 billion.
  • This makes it India’s fourth-largest export market behind the US, UAE, and China.
  • Major items exported to Bangladesh: cotton, cereals, electricity and fuel, vehicle parts and machinery, and mechanical appliances.

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 Science & Technology

8. NASA launches world’s most powerful space telescope

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  • World’s largest and most powerful space telescope, James Webb Space Telescope has been launched successfully into orbit to make breakthrough discoveries on the origins of the Universe and Earth-like planets beyond our solar system.
  • It has been launched in an Ariane rocket from European Space Agency's base in French Guiana.
  • It will reach its destination in solar orbit some 1.5 million km from Earth - about four times farther away than the moon.

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 Honours & Awards

9. Anukrti Upadhyay's Kintsugi wins the Sushila Devi Award 2021

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  • Anukrti Upadhyay has won Sushila Devi Award 2021 for the Best Book of Fiction for her critically acclaimed novel ‘Kintsugi’ which was published under the Fourth Estate imprint.
  • It has been instituted by Ratanlal Foundation.
  • It was announced by Ratanlal Foundation and organizing Committee of the Bhopal Literature and Art Festival
  • Previous winners have been Namita Gokhale (Things To Leave Behind), Shubhangi Swarup (Latitudes of Longing), and Avni Doshi (Girl in White Cotton)

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 Schemes

10. Ministry of Power launches Revamped Distribution Sector Scheme (RDSS)

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  • Ministry of Power has launched a Reforms-based and Results-linked, Revamped Distribution Sector Scheme (RDSS).
  • Aim: To improve the operational efficiencies and financial sustainability of State-owned DISCOMs/ Power Departments by providing financial assistance to DISCOMs for modernization
  • Outlay: Rs.3,03,758 crore
  • Key interventions: providing support to DISCOMs to undertake activities for ensuring 100% System metering, implementing Prepaid Smart Metering, etc

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 Summits & Conferences

11. First ever ‘J&K Real Estate Summit- 2021’ been addressed

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  • Union Minister Hardeep Singh Puri has attended the first-ever ‘Real Estate Summit 2021’ at Convention Centre, Jammu.
  • It is organized by the Department of Housing & Urban Development Department, Govt of Jammu and Kashmir in collaboration with the Ministry of Housing and Urban Affairs
  • During the summit, many MoUs were exchanged between NAREDCO National & NAREDCO J&K Chapter, NAREDCO & LEAD, NAREDCO & NAR, NAREDCO & J&K Housing and Urban Development Dept

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 National Affairs

12. Transforming Human Resource Development in the context of NEP-2020

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  • Rehabilitation Council of India (RCI) is organizing the National Symposium on ‘Transforming Human Resource Development in the context of NEP-2020’ scheduled on 28-29 December 2021 at Convention Centre, North Eastern Development Finance Corporation Ltd. (NEDFI), Guwahati, Assam.
  • Experts from the field of special education, inclusive education, speech & hearing, Clinical & Rehabilitation Psychology, Rehabilitation workers will deliberate on 6 identified themes

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 National & International Organizations

13. India to chair counter-terrorism committee of UNSC in Jan 2022

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  • India will chair the Counter-Terrorism Committee of UNSC in January 2022 after 10 years.
  • It was established by Security Council resolution 1373 adopted unanimously on 28 September 2001 in the wake of the 9/11 terror attacks in the US.
  • Committee was tasked to implement several measures aimed at enhancing their legal and institutional ability to counter terrorist activities at home and around the world
  • This includes taking steps to criminalize the financing of terrorism

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 Defense

14. INS Sudarshini deployed to the Gulf Region

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  • Sail Training Ship INS Sudarshini deployed to the Gulf as part of the Indian Navy’s endeavor to enhance maritime cooperation with the friendly navies in the Gulf region.
  • During the deployment, the ship made port calls at Muscat, Dubai, and Bandar Abbas and had professional interactions with Royal Oman Navy (RNO), UAE Navy, and Iran (IRI) Navy
  • It undertook various training exchanges, wherein sail training was imparted to trainees from RNO and IRI Navy and sea sorties conducted.

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