Daily Current Affairs for MBA Exams: 7th December 2021

By Aditi Joshi|Updated : December 7th, 2021

 Defense

1. India-Maldives Joint Military exercise ‘EKUVERIN’ begins today

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  • The 11th edition of Exercise EKUVERIN-21 between India and Maldives will be conducted at Kadhdhoo Island, Maldives.
  • The exercise will enhance synergy and inter-operability between Armed Forces of both the nations conducting Counter-Terrorism and Counter-Insurgency Operations
  • They will share best military practices and experiences.
  • The joint military excercise will also include cultural and sports activities to enhance defence cooperation and bilateral relations.

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 Books & Authors

2. Public Service Ethics’ authored by former Governor of Jharkhand Prabhat Kum

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  • The book titled ‘Public Service Ethics’ has been authored by Prabhat Kumar, former Governor of Jharkhand. 
  • The book was released by VP M Venkaiah Naidu.
  • The book is published by IC Centre for Governance.
  • It deals with ethics in governance and public service and proposes a collective quest for ethical India
  • It doesn’t just talk about the problems and the crisis of ethics – it gives practical and positive solutions and tells you how to head in the right direction.

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 Honours & Awards

3. Nikhil Srivastava among 3 selected for inaugural Ciprian Foias Prize

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  • Indian-American mathematician Nikhil Srivastava has been jointly selected for the inaugural $5,000 Ciprian Foias Prize.
  • They were selected for the "highly original work" in Operator Theory by the American Mathematical Society (AMS).
  • Other winners are Adam Marcus and Daniel Spielman.
  • The award recognizes their "highly original work" that introduced and developed methods for understanding the characteristic polynomial of matrices.

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 Sports

4. Argentina wins Junior men’s hockey World Cup 2021

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  • Argentina has won the men’s Junior Hockey World Cup at the Kalinga Stadium, Odisha.
  • They defeated six-time champion Germany by 4-2 and won the title after a 16-year gap.
  • Argentina sealed their second men’s Junior World Cup title when Franco Agostini fired into an empty net in the final minute
  • France has defeated India to claim 3rd place in the tournament.
  • France captain Timothée Clément was named Player of the Match.

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 Sports

5. Malaysia won the Asian team squash championships 2021

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  • Malaysia has won the men’s final of the Asian team squash championships in Kuala Lumpur.
  • Malaysia defeated Indian in the final by 2-1.
  • India had lost in the summit clash before in 1981 and 2012 also.
  • Malaysia has also won the women’s final of the Asian team squash championships defeating Hong Kong 2-1 in the final.
  • The last time Malaysian men’s and women’s teams won was in the 2008 championships in Kuwait.

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 Sports

6. Viktor Axelsen and An Seyoung win BWF World Tour title

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  • The world number one Viktor Axelsen has won the 2021 BWF World Tour Finals in the men’s category in Bali, Indonesia.
  • He defeated Kunlavut Vitidsarn of Thailand by 21-12, 21-8 in just 43 minutes to wrap up the men's singles title.
  • South Korea's An Seyoung has won BWF World Tour Finals in the women’s category by defeating India’s PV Sindu.
  • Earlier in men's doubles, Japan's Hoki Takuro and Kobayashi Yugo beat Marcus Fernaldi Gideon and Kevin Sanjaya Sukamuljo from Indonesia.

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 Agreement

7. Oppo, IIT-Delhi sign MoU for the scholarship programme

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  • Oppo India has launched a ‘Genius+’ program to provide scholarships to students pursuing engineering in India.
  • Under this Oppo has inked an MoU with IIT-Delhi to offer scholarships covering academic expenses for the shortlisted students.
  • The program is aimed at connecting with youth at renowned institutes in India and reach out to the best talent who can further build India’s innovation portfolio.
  • The program will be further extended to Masters and Ph.D. students. 

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 Science & Technology

8. IIT Madras to launch global consortium aimed at low carbon future

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  • IIT Madras will launch a Global Energy Consortium to boost the transformation towards a low carbon future.
  • Over 50 global faculty will work in areas such as carbon capture and storage, gas hydrates, and renewable energy systems.
  • The consortium will be launched at the IIT Madras Energy Summit to be held from December 14 to 16.
  • These initiatives will form the core of the Global Energy Consortium.

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 National & International Appointments

9. FICCI appoints HUL’s Sanjiv Mehta as President-Elect

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  • Hindustan Unilever Chairman & Managing Director, Sanjiv Mehta, will be appointed as the President of FICCI next week..
  • He will be taking over the position at its Annual General Meeting on December 18.
  • He will be succeeding media industry veteran Uday Shankar, who is the current President.
  • Mehta is also the President of Unilever South Asia and is a member of the ‘Unilever Leadership Executive’. 
  • He is also a Director on the Board of the Indian School of Business.

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 Banking & Finance

10. Bajaj Allianz Life launches Bajaj Allianz Life Assured Wealth Goal

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  • Bajaj Allianz Life launched a guaranteed income-cum-life insurance plan Bajaj Allianz Life Assured Wealth Goal. 
  • It comes in two variants for policyholders to choose from based on their financial goals.
  • Bajaj Allianz Life’s Assured Wealth Goal is designed to provide guaranteed tax-free income for up to 30 years.
  • For the year to date till October 2021, Bajaj Allianz Life registered a 34 percent growth in gross written premium and a 23 percent rise in renewal premium.

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 Banking & Finance

11. Yes Bank, NPCI launch RuPay credit cards

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  • Yes Bank, in collaboration with NPCI has launched new RuPay-branded credit cards for its customers on the indigenously developed payment platform.
  • NPCI has developed the RuPay card payment network.
  • Yes Bank has launched the Yes Prosperity Rewards Plus credit card variant on RuPay platform for its Yes Prosperity segment customers.
  • The new credit card comes with multiple benefits for customers.
  • The Yes Bank-NPCI partnership was announced at the Digital Payments Utsav. 

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 Obituaries

12. Veteran Journalist Vinod Dua Passes Away

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  • Veteran journalist Vinod Dua (67) passed away.
  • Dua was a pioneer in broadcast Hindi journalism with stints in Doordarshan and NDTV.
  • He lived an inimitable life, rising from the refugee colonies of Delhi to the peak of journalistic excellence for over 42 years, always, always speaking truth to power.
  • He was an integral part of NDTV’s journey as well. His much-loved food show ‘Zaika India Ka’ saw him crisscrossing the whole country just for the best taste.

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