{"id":86312,"date":"2021-12-01T11:54:25","date_gmt":"2021-12-01T06:24:25","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=86312"},"modified":"2021-12-01T11:55:00","modified_gmt":"2021-12-01T06:25:00","slug":"daily-current-affairs-1st-dec-2021","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/daily-current-affairs-1st-dec-2021\/","title":{"rendered":"Daily Current Affairs 1st Dec 2021 \u2013 News, MCQs &#038; Videos"},"content":{"rendered":"\n<p>Get All the Important&nbsp;<strong>Current Affairs of 1st Dec&nbsp;2021<\/strong>&nbsp;in this blog. It covers all important sections like Banking Current Affairs, Finance Current Affairs, Sports Current Affairs, Latest Appointments, Awards and more. In this blog, you also get to solve Important Current Affairs MCQs of 1st Dec 2021.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Daily Current Affairs&nbsp;1st Dec 2021<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Important Days<\/h3>\n\n\n\n<p><strong>World AIDS Day is observed across the globe on 1 December every year since 1988.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Purpose: to raise awareness of the AIDS (Acquired Immune Deficiency Syndrome) pandemic caused by the spread of HIV (human immunodeficiency virus) infection<\/li><li>The theme for the World Aids Day 2021 is End inequalities. End AIDS and End Pandemics<\/li><\/ul>\n\n\n\n<p><strong>Border Security Force (BSF) is observing its 57th Raising Day on 01 December 2021.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>BSF was formed on December 1, 1965 as a unified central agency after the Indo-Pak and India-China wars for ensuring the security of the borders of India and for matters connected there with.<\/li><li>It is one of the five Central Armed Police Forces of the Union of India and stands as the world\u2019s largest border guarding force.<\/li><li>BSF has been termed as the First Line of Defence of Indian Territories.<\/li><li>BSF Director General \u2013Pankaj Kumar Singh<\/li><\/ul>\n\n\n<figure class=\"wp-block-embed wp-embed-aspect-16-9 wp-has-aspect-ratio  is-type-video is-provider-youtube wp-block-embed-youtube\"><div class=\"wp-block-embed__wrapper video-seo-youtube-embed-wrapper\"><div class=\"video-seo-youtube-player\" data-id=\"lZiKSSUlv8U\"><\/div><\/div><\/figure>\n\n\n<h3 class=\"wp-block-heading\">International News<\/h3>\n\n\n\n<p><strong>American publishing company Merriam-Webster has chosen the word \u201cvaccine\u201d as<br>its 2021 Word of the Year.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Merriam-Webster is America\u2019s most trusted online dictionary for English word definitions, meanings, and pronunciation.<\/li><li>It has been declaring the word of the year since 2008.<\/li><\/ul>\n\n\n\n<p><strong>Vax\u2019 has been chosen as the word of the year by the Oxford English Dictionary<br>(OED) in 2021.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Vax derived from the Latin word vacca, which means cow.<\/li><li>Vax is used as a short form for vaccine and means a substance put into a person\u2019s body to prevent them from getting a disease.<\/li><li>Due to the Covid-19 pandemic, words related to vaccines saw surge in 2021, including terms like double-vaxxed, unvaxxed and anti-vaxxer.<\/li><\/ul>\n\n\n\n<p><strong>World Health Organization (WHO) has designated the new, fast-spreading coronavirus<br>variant, B.1.1.529, which was detected in South Africa named \u201cOmicron\u201d after a letter in the<br>Greek alphabet, as \u2018Variant of Concern (VOC)\u2019.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Currently designated VOCs are, Alpha (B.1.1.7), Beta (B.1.351), Gamma (P.1), Delta (B.1.617.2), and Omicron (B.1.1.529).<\/li><li>1.1.529 variant was first reported from South Africa on 24th November 2021 and the first known confirmed B.1.1.529 infection was from a specimen collected on 9 November 2021.<\/li><\/ul>\n\n\n\n<p><br>\u25aa Headquarters: Geneva, Switzerland<br>\u25aa Founded: 7 April 1948<br>\u25aa Director-General: Tedros Adhanom<\/p>\n\n\n\n<p><strong>South Korea is soon going to get the world\u2019s first floating city, to deal with the problem<br>of flood due to rising sea levels.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The floating city project is a joint effort by the UN Human Settlement Programme (UNHabit) and OCEANIX.<\/li><li>The city will be built off the coast of Busan in South Korea and is likely be completed by 2025.<\/li><li>The floating city will have \u2018flood-proof infrastructure\u2019 and comprise several man-made islands to eliminate the risk of flooding.<\/li><li>The self-sufficient city will be specifically designed to withstand natural disasters like tsunamis, floods, and Category 5 hurricanes.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">National News<\/h3>\n\n\n\n<p><strong>Varanasi, a city in Uttar Pradesh is all set to become the first Indian city to start<br>ropeway service as a mode of public transport in order to ease the traffic congestion.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The proposed ropeway will be constructed between Cantt Railway Station (Varanasi Junction) to Church Square (Godauliya) covering an aerial distance of 3.45 km.<\/li><li>Its outlay is over Rs 400 crore which is divided between Central Government and State Government at 80:20.<\/li><li>India will be the third country in the world after Bolivia and Mexico to use a ropeway for public transport.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">State in News<\/h3>\n\n\n\n<p><strong>Kerala Tourism launched the \u2018STREET\u2019 project to promote and take tourism deep into<br>the interiors and rural hinterland of Kerala.<\/strong><br>\u25aa The project would help visitors experience the diversity of offerings in these locales.<br>\u25aa The STREET is an acronym<br>for Sustainable, Tangible, Responsible, Experiential, Ethnic, Tourism hubs.<br>\u25aa The project, conceived by the Responsible Tourism Mission, is inspired by the \u2018Tourism<br>for Inclusive Growth\u2019 slogan of The United Nations World Tourism Organization.<br>\u25aa Capital: Thiruvananthapuram<br>\u25aa Governor: Arif Mohammad Khan<br>\u25aa Chief Minister: Pinarayi Vijayan<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Banking News<\/h3>\n\n\n\n<p><strong>RBI granted its approval to the LIC to increase its holding in Kotak Mahindra Bank up to<br>9.99%. The approval is valid for a period of 1 year.<\/strong><\/p>\n\n\n\n<p><br>\u25aa As of September 2021, LIC holds a 4.96% stake in Kotak Mahindra Bank.<br>\u25aa LIC is the 5th largest shareholder in Kotak Mahindra Bank.<br>\u25aa Uday Kotak and family, promoters of the bank, hold a 26% stake in Kotak Mahindra<br>Bank while Canada Pension Plan Investment Board holds 6.37%.<br>\u25aa On 26th November 2021, RBI accepted a working group\u2019s recommendation to increase<br>promoter stake in private banks till 26% and non-promoter stake to 10%.<br>\u25aa Founded: 1956<br>\u25aa Headquarters: Mumbai, Maharashtra<br>\u25aa Chairperson: M R Kumar<\/p>\n\n\n\n<p><strong>Reserve Bank of India had formed an Internal Working Group (IWG) in June 2020, to<br>review the extant guidelines on ownership and corporate structure for Indian private<br>sector banks.<\/strong><\/p>\n\n\n\n<p>The IWG had 5 members with Shrimohan Yadavas the convenor.<br>\u25aa The internal working group of RBI has proposed to raise the cap on promoters\u2019 stake in<br>private banks from the current 15 % to 26 % in 15 years.<br>\u25aa Presently, a promoter of a private bank needs to pare holdings to 20 percent within 10<br>years, and to 15 percent within 15 years.<\/p>\n\n\n\n<p><strong>Reserve Bank of India imposed a monetary penalty of Rs 1 crore on the Union Bank of<br>India for violating certain provisions related to the sale of stressed assets and<br>reporting of frauds.<\/strong><\/p>\n\n\n\n<p>The RBI inspection revealed non-compliance with rules on classification of an account<br>as a red flag account despite the presence of early warning signals and also failure to<br>disclose provisioning for Security Receipts (SRs) in its Annual Report<\/p>\n\n\n\n<p>List of Banks who has been imposed penalty by RBI Recently<br>\u25aa RBI fined Axis Bank Rs 5 crore for non-compliance with certain rules<br>\u25aa RBI imposed a penalty of Rs 50.35 lakh on Janalaxmi Co-operative Bank<br>\u25aa RBI imposed Rs 25 lakh fine on Axis Bank for flouting KYC norms<br>\u25aa RBI imposed Rs 2 crore penalty on RBL Bank for breaching deposit, board composition<br>norms<br>\u25aa RBI imposed Rs 1 crore penalty on SBI for non-compliance<br>\u25aa RBI imposed a fine of Rs 1.95 crores on Standard Chartered Bank<br>\u25aa RBI imposed \u20b91 crore penalty on Paytm Payments Bank<br>\u25aa RBI imposed a monetary penalty of Rs. 1 crore on the State Bank of India<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Committee in News<\/h3>\n\n\n\n<p><strong>Ministry of Social Justice and Empowerment has formed a three-member committee to<br>review the criteria for reservation for the Economically Weaker Sections (EWS) category<br>in terms of the provisions of the explanation to Article 15 of the Constitution.<\/strong><\/p>\n\n\n\n<p>The members of the committee are former:<br>1. Ajay Bhushan Pandey \u2013 former finance secretary, GOI (Chairman)<br>2. Prof. V K Malhotra \u2013 Member secretary of Indian Council of Social Science Research<br>3. Shri Sanjay Sanyal \u2013 Principal economic advisor to GOI (Member Convenor)<\/p>\n\n\n\n<p>List of Latest Committee and Headed by<br>\u25aa National Steering Committee for NIPUN Bharat Mission: Dharmendra Pradhan<br>\u25aa SC\u2019s committee to Probe unauthorized surveillance using Pegasus in India: R V<br>Raveendran<br>\u25aa Reconstituted Economic Advisory Council to the PM: Bibek Debroy<br>\u25aa SEBI formed IT Projects Advisory Committee (IT-PAC): Abhay Karandikar<br>\u25aa SEBI reconstituted Technical Advisory Committee: Deepak B Phatak<br>\u25aa Technology Innovation Group on 6G formed by DoT: K Rajaraman<br>\u25aa Committee to determine RoDTEP rates for exports from SEZs, EOUs: Gopal Krishna Pillai<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Awards<\/h3>\n\n\n\n<p><strong>52nd International Film Festival of India was held from November 20 to 28, 2021 in Goa.<\/strong><\/p>\n\n\n\n<p>The BRICS nations namely Brazil, Russia, South Africa, China and India were the<br>\u2018country of focus\u2019.<br>\u25aa Opening Film \u2013 The King of All the World (Spain, Mexico) by Carlos Saura<br>\u25aa Closing Film \u2013 A Hero (Iran, France) by Asghar Farhadi<\/p>\n\n\n\n<p>List of Awards at 52nd International Film Festival of India<br>Satyajit Ray Lifetime Achievement Award<br>\u25aa Martin Scorsese (American filmmaker)<br>\u25aa Istv\u00e1n Szabo (Hungarian filmmaker)<br>Indian Film Personality of the Year<br>\u25aa Hema Malini<br>\u25aa Prasoon Joshi<br>Golden Peacock (Best Film) \u2013 Ring Wandering (Japan) by Masakazu Kaneko<br>Best Director \u2013 Vaclav Kadrnka for Saving One Who Was Dead (Czech Republic)<br>IFFI Best Actor Award (Male) \u2013 Jitendra Joshi for Godavari (India)<br>IFFI Best Actor Award (Female) \u2013 \u00c1ngela Molina for Charlotte (Paraguay)<br>Special Jury Award: Nikhil Mahajan for Godavari (India)<br>ICFT UNESCO Gandhi Medal \u2013 Lingui, The Sacred Bonds (Chad, France, Belgium,<br>Germany) by Mahamat-Saleh Haroun<\/p>\n\n\n\n<p>The internationally co-produced drama film Lingui: The Sacred Bonds has won the ICFTUNESCO Gandhi Medal at IFFI 52 in Goa.<br>The ICFT-UNESCO Gandhi Medal award is given to the IFFI film that best reflects<br>Mahatma Gandhi\u2019s ideals of peace, tolerance and non-violence.<br>Lingui was co-produced by Belgium France Germany and was made in Arabic and<br>French.<br>The film reflects the story of the sacred relationship between a mother and daughter<br>and their survival against the harsh laws set by men.<\/p>\n\n\n\n<p><strong>6th edition of the BRICS Film Festival was held in India, along side 52nd IFFI in Goa from<br>November 20 to 28, 2021.<\/strong><\/p>\n\n\n\n<p>Best Film \u2013 jointly shared by South African film \u2018Barakat\u2019 by Amy Jephta and<br>Russian film \u2018The Sun above Me Never Sets\u2019 by Lyubov Borisova<br>\u25aa Best Actor (Male) \u2013 Dhanush for Asuran (Hindi)<br>\u25aa Best Actor (Female) \u2013 Lara Boldorini for On Wheels (Brazil)<br>\u25aa Best Director \u2013 Lucia Marat for Ana (Brazil)<br>\u25aa Special Jury Mention Award \u2013 Director Yan Han for A Little Red Flower (China)<\/p>\n\n\n\n<p><strong>International Press Institute (IPI) India Award for Excellence in Journalism 2021<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Award of 2021 has been awarded jointly to Sreenivasan Jain and Mariyam Alavi of NDTV, and Lakshmi Subramanian and Bhanu Praksh Chandra of The Week.<\/li><li>Meanwhile the IPI India Award for Excellence in Journalism 2020 had been awarded to Ritika Chopra of The Indian Express.<\/li><li>The award comes with cash prize of Rs 1 Lakh, a trophy and a citation.<\/li><li>The Vienna-based International Press Institute (IPI) is a global organisation dedicated to the promotion and protection of press freedom and the improvement of journalism practices.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Appointment<\/h3>\n\n\n\n<p><strong>Parag Agrawal, 37, an IIT-Bombay graduate, has replaced Jack Dorsey as the<br>new Twitter chief executive officer, becoming the youngest CEO in top 500 companies.<\/strong><\/p>\n\n\n\n<p>Agrawal, an alumnus of the Indian Institute of Technology (IIT) Bombay, was appointed<br>Twitter CTO on March 8, 2018. He succeeded Adam Messinger, who left the company in<br>December 2016.<\/p>\n\n\n\n<p><br>\u25aa Twitter Founded: March 21, 2006<br>\u25aa Headquarters: San Francisco, California, U.S.<br>\u25aa Chairman: Patrick Pichette<br>\u25aa CEO: Parag Agrawal<\/p>\n\n\n\n<p>List of World\u2019s Top Company and CEOs or MD<br>\u25aa Satya Nadella-Microsoft<br>\u25aa Tim Cook-Apple<br>\u25aa Andy Jassy- Amazon<br>\u25aa David M. Solomon-Goldman Sachs<br>\u25aa Sundar Pichai-Alphabet<br>\u25aa Mark Zuckerberg-Facebook<br>\u25aa Doug McMillon-Walmart<br>\u25aa Michael Dell-Dell Technologies<br>\u25aa Safra Catz-Oracle<br>\u25aa Alibaba-Daniel Zhang<br>\u25aa Ericsson-B\u00f6rje Ekholm<br>\u25aa Google\u2013 Sundar Pichai<br>\u25aa HCL Technologies-C Vijayakumar<br>\u25aa HSBC-Noel Quinn<br>\u25aa IBM-Arvind Krishna<br>\u25aa Infosys-Salil Parekh<\/p>\n\n\n\n<p>\u25aa MasterCard-Ajaypal Singh Banga<br>\u25aa Samsung Oh-Hyun Kwon<br>\u25aa Tata Consultancy Services-Rajesh Gopinathan<br>\u25aa Vodafone-Vittorio Colao<br>\u25aa Cognizant-Brian Humphries<br>\u25aa Wipro Technologies Limited-Thierry Delaporte<br>\u25aa Twitter-Parag Agrawal<br>\u25aa Walt Disney-Bob Iger<br>\u25aa Sony-Kenichiro Yoshida<br>\u25aa KFC-Greg Creed<br>\u25aa Honda-Takahiro Hachigo<br>\u25aa Yahoo-Marissa Mayer<br>\u25aa eBay-Devin Wenig<br>\u25aa Toyota-Akio Toyoda<br>\u25aa BMW-Oliver zipse<\/p>\n\n\n\n<p>Download:<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.oliveboard.in\/blog\/weekly-current-affairs\/\">Weekly Current Affairs<\/a><\/strong><\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.oliveboard.in\/blog\/gk-bolt-monthly-current-affairs\/\">Monthly Current Affairs<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Current Affairs 1st Dec 2021&nbsp;\u2013 MCQs<\/h2>\n\n\n\n<p><strong>Q. Who among the following has been elected as the delegate for Asia in the<br>executive committee of the International Criminal Police Organization (INTERPOL)?<\/strong><br><br>(a) Praveen Sinha<br>(b) Jayant Kumar Dash <br>(c) Kamran Rizvi <br>(d) R S Sharma <br>(e) Arun Goel <\/p>\n\n\n\n<p><strong>Answer: Option A<\/strong><br>\u25aa Headquarters: Lyon, France<br>\u25aa CBI special director Praveen Sinha was elected the delegate for Asia in the executive<br>committee of the International Criminal Police Organization (Interpol) following a<br>tough contest involving China.<\/p>\n\n\n\n<p><strong>Q. Sheikh Sabah Al-Khalid Al-Sabah has been reappointed as the Prime Minister of<br>which country?<\/strong><br>(a) Qatar <br>(b) Oman<br>(c) Kuwait <br>(d) Saudi Arabia <br>(e) Bahrain <\/p>\n\n\n\n<p><strong>Answer: Option C<\/strong><br>\u25aa Kuwait reappointed Sheikh Sabah Al-Khalid Al-Sabah as the Prime Minister of the<br>country, he has already been the PM since 2019.<br>\u25aa He was reappointed by an Emiri order (Head of the State) issued by Crown Prince<br>Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah.<br>\u25aa Capital: Kuwait City<br>\u25aa Currency: Kuwaiti dinar<\/p>\n\n\n\n<p><strong>Q. Which country has announced new development commitments of around Euro<br>1.2 billion aid to India, in support of India\u2019s fight against climate change?<\/strong><br><br>(a) Russia <br>(b) UK <br>(c) Germany<br>(d) France <br>(e) Italy<\/p>\n\n\n\n<p><strong>Answer: Option C<\/strong><br>\u27a2 This fund will also be used for cooperation on clean energy.<br>\u27a2 Under its commitments, Germany allotted \u20ac713 million for energy, \u20ac409 million for<br>urban development, and \u20ac90 million for agroecology &amp; natural resources.<br>\u27a2 These projects will support India\u2019s targets to expand solar power generation.<\/p>\n\n\n\n<p><strong>Q. Who will head the high-level \u2018Central Vista Oversight Committee\u2019 formed by the<br>Union government for 2 years to monitor and expedite the pace of the project?<\/strong><br><br>(a) H R Nagendra <br>(b) P Vasudevan <br>(c) Jayant Kumar Dash<br>(d) Sudarshan Sen<br>(e) Ratan P Watal <\/p>\n\n\n\n<p><strong>Answer: Option E<\/strong><br>\u25aa Ministry of Housing and Urban Affairs has formed a five-member committee for timely<br>completion of various projects executed under the Central Vista Redevelopment Plan.<br>\u25aa The committee will be headed by former finance secretary Ratan P Watal.<\/p>\n\n\n\n<p>That is all from us in this blog on&nbsp;<strong>Current Affairs 1st Dec 2021<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get All the Important&nbsp;Current Affairs of 1st Dec&nbsp;2021&nbsp;in this blog. It covers all important sections like Banking Current Affairs, Finance<\/p>\n","protected":false},"author":50,"featured_media":86319,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,10386,9704,10237],"tags":[],"class_list":["post-86312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-current-affairs","category-daily","category-preparation-resources","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Current Affairs 1st Dec 2021 - National, Business, Finance, Appointments<\/title>\n<meta name=\"description\" content=\"Read and watch Current Affairs 1st Dec 2021. 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