Daily Current Affairs for MBA Exams: 5th October 2021

By Aditi Joshi|Updated : October 5th, 2021

National Affairs

1. World’s largest Khadi National Flag hoisted in Leh, Ladakh

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  • World’s largest national flag, made up of Khadi cloth, has been installed in Leh, Ladakh, on the occasion of 152nd birth anniversary of Mahatma Gandhi on 2nd October 2021.
  • Ladakh Lt Governor RK Mathur inaugurated the flag
  • This Indian tricolor is 225-feet long and 150-feet wide with weight of around 1,000 kg.
  • The flag is made by Khadi Dyers and Printers based in Mumbai, affiliated to KVIC by 57 Engineer Regiment of the Indian Army.

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National Affairs

1. World’s largest Khadi National Flag hoisted in Leh, Ladakh

byjusexamprep

  • World’s largest national flag, made up of Khadi cloth, has been installed in Leh, Ladakh, on the occasion of 152nd birth anniversary of Mahatma Gandhi on 2nd October 2021.
  • Ladakh Lt Governor RK Mathur inaugurated the flag
  • This Indian tricolor is 225-feet long and 150-feet wide with weight of around 1,000 kg.
  • The flag is made by Khadi Dyers and Printers based in Mumbai, affiliated to KVIC by 57 Engineer Regiment of the Indian Army.

Read Full News >>

 

National & International Appointments

2. Amish Mehta appointed as MD & CEO of CRISIL

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  • Amish Mehta has been appointed as the new Managing Director and Chief Executive Officer (MD & CEO) of credit rating agency CRISIL with effect from October 1, 2021.
  • He succeeded Ashu Suyash.
  • He joined CRISIL in October 2014 as President and Chief Financial Officer and became Chief Operating Officer (COO) in July 2017
  • CRISIL is an Indian analytical company that provides ratings, research, and advisory services
  • It is a subsidiary of American company S&P Global.

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 Honours & Awards

3. LIFE organization among 4 to receive 2021 Right Livelihood Award

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  • Delhi-based environmental organization ‘Legal Initiative for Forest and Environment (LIFE)’ has been felicitated with 2021 Right Livelihood Award for its grassroots approach of empowering vulnerable communities to protect their livelihoods 
  • The award is also known as Sweden’s alternative Nobel Prize
  • It was established in 1980 by Jakob von Uexkull
  • It comes with a cash prize of 1 million Swedish crowns ($115,000)
  • Other awardees:
    • Marthe Wandou
    • Vladimir Slivyak
    • Freda Huson

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 Important Dates

4. National Wildlife Week: 2nd to 8th October 2021

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  • Wildlife Week is observed in India every year from 2nd to 8th October, to conserve and protect the fauna or animal life of the country.
  • 2021 is the 67th edition of Wildlife Week.
  • Theme 2021: Forests and Livelihoods: Sustaining People and Planet.
  • It was conceptualized in 1952 to raise awareness of safeguarding the lives of wildlife through critical action.
  • The day observes various event with Vizag Zoo Wildlife Run as the concluding one.

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 Honours & Awards

5. Shiv Nadar, Mallika Srinivasan to be awarded 2021 Global Leadership Award

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  • Shiv Nadar and Mallika Srinivasan has been chosen for 2021 Global Leadership Award by US India Business Council (USIBC)
  • They will be honored at 2021 India Ideas Summit to be held on 6-7 October 2021
  • Global Leadership Awards was given annually since 2007 to honor top corporate executives from US and India
  • Shiv Nadar: Founder and chairman emeritus of HCL Technologies Limited.
  • Mallika Srinivasan: Chair and managing director, Tractors and Farm Equipment Limited (TAFE).

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 National Affairs

6. PM Modi launches Jal Jeevan Mission App and Rashtriya Jal Jeevan Kosh

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  • PM Modi has virtually launched Jal Jeevan Mission App and Rashtriya Jal Jeevan Kosh as a part of the flagship Jal Jeevan Mission (JJM), launched in 2019.
  • JJM App has been launched to improve awareness among stakeholders and for greater transparency and accountability of schemes
  • Rashtriya Jal Jeevan Kosh (RJJK): It is a registered public charitable trust and will enable individual, institution, corporation, etc, either in India or abroad to provide tap water connection

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 National Affairs

7. Union Minister launches month-long nationwide ‘Clean India Programme’

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  • Union Ministry, Anurag Thakur has launched month-long nation-wide cleanliness drive ‘Clean India Programme’ as part of the Azadi Ka Amrit Mahotsav celebration
  • The programme will remain active from 1st to 31st October 2021
  • It was inaugurated from Motilal Nehru National Institute of Technology Prayagraj in Uttar Pradesh
  • Aim: to create awareness, mobilize people and ensure their involvement in cleaning waste
  • It propagates the mantra of Clean India: Safe India.

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 Books & Authors

8. Indra Nooyi launches memoir My Life in Full: Work, Family and Our Future

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  • Former CEO of PepsiCo, Indra Nooyi has come out with her memoir titled as ‘My Life in Full: Work, Family, and Our Future’.
  • The book has been published by Hachette India.
  • This book is all about the journey of Nooyi’s life from a middle-class girl from Chennai to becoming the global chief executive of PepsiCo in 2006 and her success in the corporate world.
  • Indra Nooyi consistently ranked among the world's 100 most powerful women.

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 Sports

9. Birendra Lakra and SV Sunil announces retirement from International Hockey

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  • Veteran forward star striker of India men’s hockey team, S V Sunil (32 years) and Olympic bronze medal-winning Indian hockey defender Birendra Lakra (31 years) have announced their retirement from international hockey
  • Lakra was part of bronze winning Indian side in Tokyo Olympics 2020 as vice-captain. He has represented India in 197 games with 10 goals
  • S V Sunil has scored 72 goals in 264 appearances for the national team
  • R.P Singh has already announced retirement

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 National Affairs

10. Ministry of Social Justice organizes VAYO NAMAN for senior citizen

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  • Ministry of Social Justice and Empowerment has organised VAYO NAMAN Programme in New Delhi to mark International Day of Older Persons
  • On the occasion, Venkaiah Naidu presented Vayoshreshtha Samman-2021 to senior citizens and dedicated Elderly Line 14567 to the Nation.
  • He also launched two portals of Ministry of Social Justice and Empowerment, namely SAGE (Seniorcare Aging Growth Engine) and SACRED (Senior Able Citizens for Re-Employment in Dignity).

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 National Affairs

11. Paytm acquires 100% ownership of lending startup CreditMate

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  • Paytm has acquired 100% stake in Mumbai-based digital lending startup CreditMate. However, transaction details of the deal have not been disclosed.
  • Paytm Group will now be the 100% beneficial owners of the business, while co-founders of CreditMate will exit the business.
  • CreditMate was founded in 2019 by Jonathan Bill, Ashish Doshi, Swati Lad and Aditya Singh as a collection platform that help lenders collect overdue payments from borrowers.
  • CEO: Vijay Shekhar Sharma

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Important Dates

12. Ganga River Dolphin Day: 5th October

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  • Ganga River Dolphin Day is observed every year on October 5 in India to raise awareness and encourage conservation of Ganga River Dolphins.
  • The day was chosen as on this day in 2009, Ganga Dolphin was declared as national aquatic animals.
  • Worldwide Fund for Nature (WWF) and Uttar Pradesh govt jointly began the dolphin conservation campaign in 2012
  • Gangetic Dolphins are blind, catch their prey with the help of ultrasonic sound waves and can only live in freshwater.

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 Important Dates

13. World Teachers’ Day: 5th October

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  • World Teachers’ Day (International Teachers Day) is being observed every year on October 5 to focus on appreciating, assessing, and improving the educators of the world and to provide an opportunity to consider issues related to teachers and teaching.
  • Theme 2021: Teachers at the heart of education recovery.
  • This day was established in 1994, to commemorate the signing of 1966 UNESCO/ILO Recommendation concerning the Status of Teachers.

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