{"id":86892,"date":"2021-12-06T10:36:02","date_gmt":"2021-12-06T05:06:02","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=86892"},"modified":"2021-12-07T10:35:36","modified_gmt":"2021-12-07T05:05:36","slug":"daily-current-affairs-4th-dec-2021","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/daily-current-affairs-4th-dec-2021\/","title":{"rendered":"Daily Current Affairs 4th Dec 2021 \u2013 News, Videos &#038; MCQs"},"content":{"rendered":"\n<p>Get All the Important\u00a0<strong>Current Affairs of 4th Dec\u00a02021<\/strong>\u00a0in 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 4th Dec 2021.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Daily Current Affairs\u00a04th Dec\u00a02021<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Banking News<\/h3>\n\n\n\n<p><strong>State Bank of India (SBI) listed its USD 650-million green bonds simultaneously on<br>the India International Exchange (India INX) and the Luxembourg Stock Exchange (LuxSE).<\/strong><\/p>\n\n\n\n<p>This dual listing is in line with 2021\u2019s topic of the World Investor Week (WIW), \u2018sustainable<br>finance\u2019, as indicated by the regulatory body International Financial Services Centres<br>Authority (IFSCA).<\/p>\n\n\n\n<p><br>\u25aa India INX has now emerged as the leading bond listing venue with over $33 billion.<br>\u25aa India International Exchange (India INX) Founded: 2017<br>\u25aa Headquarters: Gandhinagar, Gujarat<br>\u25aa MD &amp; CEO: V. Balasubramaniam<\/p>\n\n\n\n<p><strong>IDFC FIRST Bank announced the launch of FIRST Private Infinite, the country\u2019s first-ever<br>standalone metal debit card, in partnership with Visa, the global leader in digital<br>payments.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>First Private Infinite is a lifetime free card designed specifically for customers who are part of the Bank\u2019s FIRST Private program, a premium savings and wealth offering.<\/li><li>The FIRST Private program offers an unrivalled banking and investment experience to customers and comes with a range of exceptional investment, banking, lifestyle and wellness benefits.<\/li><\/ul>\n\n\n\n<p><br>\u25aa Headquarters: Mumbai<br>\u25aa Founded: October 2015<\/p>\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=\"z57rxggk-aA\"><\/div><\/div><\/figure>\n\n\n<p><strong>Country\u2019s first-ever standalone metal debit card, in partnership with Visa, the global<br>leader in digital payments.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>V. Vaidyanathan as the Managing Director &amp; Chief Executive Officer<\/li><li>Honour FIRST\u2019 is a premium banking solution for serving personnel and veterans of the Indian Navy. Designed especially keeping in mind the needs of the Armed Forces and its veterans, the Honour<\/li><li>SBI General Insurance, one of the leading general insurance companies in India, has signed a corporate agency agreement with IDFC FIRST Bank for the distribution of non life insurance Solution.<\/li><li>IDFC First Bank has launched a unique Employee-funded program called \u2018Ghar Ghar Ration\u2019 for its low-income customers who were affected by Covid-19.<\/li><\/ul>\n\n\n\n<p><strong>Agriwise Finserv Limited, an agri-focussed NBFC, has entered into a co-lending agreement<br>with Central Bank of India for agri-loan disbursal.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The co-lending agreement will ensure that the farmer, agri and allied community get finance at affordable rates in a simple, transparent and speedy manner.<\/li><li>The loan will be disbursed at a blended interest rate, as per the RBI directive on co-lending of loans.<\/li><\/ul>\n\n\n\n<p><br>\u25aa Headquarters: Mumbai<br>\u25aa Founded: 21 December 1911<br>\u25aa Tapan Ray Non-Exe Chairman<br>\u25aa Matam Venkata Rao (MD &amp; CEO)<\/p>\n\n\n\n<p><strong>Kotak Mahindra Bank has announced a partnership with Europe-based payment and<br>transactional service firm, Worldline to enable Equated Monthly Installment (EMI) payments via Kotak debit cards in India.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The Kotak debit card EMI is available to all consumers, retailers, fashion and electronic products to pay instalments easily using Worldline Point of Sale (POS) terminals.<\/li><li>The minimum purchase to be done to avail the EMI services with Kotak Debit Card is Rs. 5,000.<\/li><li>The customers have the flexibility to repay their loans over a period of 3 to 12 months.<\/li><\/ul>\n\n\n\n<p><br>\u25aa Founded: 2003<br>\u25aa Headquarters: Mumbai, Maharashtra<br>\u25aa MD &amp; CEO: Uday Kotak<br>\u25aa Tagline: Let\u2019s make money simple<\/p>\n\n\n\n<p><strong>DBS Bank India has introduced a paperless proposition for the financing of domestic<br>invoices by buyers and sellers.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The bank now digitally validates the e-Way Bill (i.e. proof of movement of goods) for the purpose of establishing the genuineness of underlying trade transactions.<\/li><li>The adoption of this approach has enabled DBS to process transactions quicker without the need to obtain underlying physical documents.<\/li><li>The bank has also executed its first paperless domestic trade financing transaction with Lincon Polymers Pvt. Ltd, marking a significant milestone in the bank\u2019s digital transformation journey.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">DBS Bank in News<\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>DBS has been honoured as the global winner for Most Innovative in Digital Banking by Financial Times publication, The Banker, in its 2021 Innovation in Digital Banking Awards.<\/li><li>DBS Bank has been named by Forbes in their list of World\u2019s Best Banks 2021.<\/li><li>DBS Bank has been named the world\u2019s best bank by Global Finance magazine, in a reflection of its ability to invest in digital innovation<\/li><li>DBS Bank has launched real-time online tracking for cross-border payments for its corporate clients, in partnership with SWIFT Global Payments Innovation (GPI).<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Union Cabinet has approved the merger of capital-starved Lakshmi Vilas Bank (LVB) with DBS Bank India.<\/li><li>DBS Bank India has teamed-up with Bharti AXA to launch a complimentary insurance plan which will cover all medical conditions, including Covid-19<\/li><li>DBS has been recognised as &#8220;Safest Bank in Asia&#8221; for 11 consecutive years by New York based trade publication Global Finance<\/li><li>DBS Bank India&#8217;s new brand campaign features Sachin Tendulkar; emphasises the importance of safety<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Global Finance magazine awards DBS \u2018Best Bank in the World\u2019 title for the second time in three years<\/li><li>DBS Bank India has collaborated with Haqdarshak to assist Indian MSME via<\/li><li>Haqdarshak\u2019s new platform which provides access to MSME-focused government-assisted<\/li><li>schemes across the country.<\/li><li>DBS Bank India has introduced a paperless proposition for the financing of domestic<\/li><li>invoices by buyers and sellers.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Appointment<\/h3>\n\n\n\n<p><strong>International Monetary Fund (IMF) Chief Economist, Gita Gopinath is set to take over as<br>the institution\u2019s No.2 official.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>First Deputy Managing Director (FDMD) Geoffrey Okamoto will leave the Fund early next year and Gita Gopinath will be IMF\u2019s new First Deputy Managing Director.<\/li><li>It is going to be a historic movement when International Monetary Fund has the female at its first two leading positions.<\/li><\/ul>\n\n\n\n<p><br>\u25aa Formation: 27 December 1945<br>\u25aa Headquarters: Washington, D.C., United States<br>\u25aa Member Countries: 190<br>\u25aa MD: Kristalina Georgieva<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Award<\/h3>\n\n\n\n<p><strong>Union Commerce and Industry Minister, Piyush Goyal inaugurated the 40th edition of<br>the India International Trade Fair (IITF) 2021 at Pragati Maidan in Delhi<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>It was organized by the India Trade Promotion Organisation with \u2018Aatmanirbhar Bharat\u2019 as the theme and to further promote the idea of \u2018Vocal for Local\u2019.<\/li><li>The Bihar pavilion won the 6th gold medal by showcasing the state\u2019s art and cultural richness through handicrafts like Madhubani, Manjusha arts, terracotta, handlooms, and other indigenous products of the state at IITF 2021.<\/li><li>Piyush Goyal listed five pillars of India as Economy, Exports, Infrastructure, Demand, and Diversity.<\/li><li>Bihar is the partner state for the 40th IITF and the focus states are Uttar Pradesh and Jharkhand.<\/li><\/ul>\n\n\n\n<p>  Governor: Phagu Chauhan<br> Chief Minister: Nitish Kumar<\/p>\n\n\n\n<p><strong>A biography titled \u2018Naoroji: Pioneer of Indian Nationalism\u2019, authored by Dinyar Patel and<br>published by Harvard University Press selected as the winner of the 4th Kamaladevi<br>Chattopadhyay NIF (New India Foundation) Book Prize 2021.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The book marked the life events and legacy of Dada Bhai Naoroji.<\/li><li>Previous winners of the prize are Milan Vaishnav (2018), Ornit Shani (2019), and Amit Ahuja and Jairam Ramesh (jointly, 2020).<\/li><li>The NIF Book prize is given for the high-quality non-fiction literature on modern and contemporary India and carries a cash award of INR 15 lakh and a citation.<\/li><\/ul>\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 4th Dec 2021&nbsp;\u2013 MCQs<\/h2>\n\n\n\n<p><strong>Q. Hornbill Festival is celebrated in which state?<\/strong><br>(a) Jammu &amp; Kashmir <br>(b) Arunachal Pradesh<br>(c) Nagaland <br>(d) Manipur <br>(e) Sikkim <\/p>\n\n\n\n<p><strong>Answer: Option C<\/strong><br>\u25aa Nagaland, the 22nd edition Hornbill Festival has kicked off with colourful renditions of<br>traditional music, dances, and contemporary in one roof at Naga Heritage village Kisama.<br>\u25aa Hornbill festival<br>\u25aa Moatsu festival<br>\u25aa Ngada festival<br>\u25aa Monyu festival<br>\u25aa Aoleng Festival<\/p>\n\n\n\n<p><strong>Q. India has joined \u2018G20 Troika\u2019 with Indonesia and Italy. India will host the G-20<br>leaders\u2019 summit in which year?<\/strong><br><br>(a) 2022<br>(b) 2023<br>(c) 2024<br>(d) 2025<br>(e) 2026<\/p>\n\n\n\n<p><strong>Answer: Option B<\/strong><br>\u25aa India has joined \u2018G20 Troika\u2019 and will work closely with Indonesia and Italy to ensure<br>consistency and continuity of G20\u2019s agenda.<br>\u25aa Troika refers to the top grouping within G20 that consists of the current, previous, and<br>incoming presidencies (Indonesia, Italy and India).<br>\u25aa Established: 1999<br>\u25aa Members: 20 (19 countries + European Union)<\/p>\n\n\n\n<p><strong>Q. Walmart and Flipkart have signed an MoU with which state government to create<br>an ecosystem of capacity building for MSMEs?<\/strong><br><br>(a) Assam <br>(b) Uttar Pradesh <br>(c) Odisha <br>(d) Madhya Pradesh <br>(e) Tamil Nadu <\/p>\n\n\n\n<p><strong>Answer: Option D<\/strong><br>\u25aa Under this MoU, Walmart, Flipkart, and MSME Department will assist MSMEs to digitize<br>their business and enable them to sell their products through online retail.<br>\u25aa This initiative comes under the Walmart Vriddhi Supplier Development<br>Programme (Walmart Vriddhi),<br>\u25aa Under this programme, Walmart and Flipkart have partnered with various states<br>including Haryana and Tamil Nadu.<\/p>\n\n\n\n<p><strong>Q. Who has been appointed as the brand ambassador of GUVI, an Indian Institute of<br>Technology, Madras incubated startup?<\/strong><br><br>(a) Zubeen Garg <br>(b) Amitabh Bachchan <br>(c) Smriti Mandhana <br>(d) Mohammed Siraj <br>(e) Rahul Dravid <\/p>\n\n\n\n<p><strong>Answer: Option E<\/strong><br>\u25aa As the brand ambassador of GUVI, Smriti Mandhana will be the face of GUVI and feature<br>across the online campaigns of GUVI aimed to strengthen the importance and scope of<br>technological education &amp; information technology (IT) skills.<br>\u25aa Equitas Bank appoints Rani Rampal &amp; Smriti Mandhana as brand ambassadors.<br>\u25aa Hero MotoCorp (bat sponsorship), Bata&#8217;s sportswear brand POWER, Amstrad India, ITC<br>Vivel and Alcon Laboratories.<\/p>\n\n\n\n<p><strong>Q. Which Bank will become the promoter of Open Network for Digital Commerce<br>(ONDC) limited by investing over 9 % (~9.5 %) stake in the company?<\/strong><br>a) ICICI Bank Limited<br>b) HSBC<br>c) HDFC<br>d) Punjab National Bank<br>e) State Bank of India<\/p>\n\n\n\n<p><strong>Answer: Option E<\/strong><br>\u25aa ONDC is yet to be incorporated by the Companies Act 2013. PNB will have 9.5 % equity<br>capital in the ONDC or INR 25 crore, whichever is lower.<br>\u25aa Open Network for Digital Commerce (ONDC) Ltd is being established with a mandate to<br>develop an open network for digital commerce<br>\u25aa Founded: 1894<br>\u25aa Headquarters: New Delhi<br>\u25aa MD &amp; CEO: S. S. Mallikarjuna Rao<br>\u25aa Tagline: The Name You Can Bank Upon<\/p>\n\n\n\n<p>That is all from us in this blog on&nbsp;<strong>Current Affairs 4th Dec 2021<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get All the Important\u00a0Current Affairs of 4th Dec\u00a02021\u00a0in this blog. It covers all important sections like Banking Current Affairs, Finance<\/p>\n","protected":false},"author":50,"featured_media":86903,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,10386,9704,10237],"tags":[],"class_list":["post-86892","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 4th Dec 2021 - National, Business, Finance, Appointments<\/title>\n<meta name=\"description\" content=\"Read and watch Current Affairs 4th Dec 2021. 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I'm a dedicated Government Job aspirant turned passionate writer &amp; content marketer. My blogs are a one-stop destination for accurate and comprehensive information on exam categories like Regulatory Bodies, Banking, SSC, State PSCs, and more. I am on a mission to provide you with all the details you need, conveniently in one place. When I am not writing and marketing, you will find me happily experimenting in the kitchen, cooking up delightful treats. Join me on this journey of knowledge and flavors!\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Current Affairs 4th Dec 2021 - National, Business, Finance, Appointments","description":"Read and watch Current Affairs 4th Dec 2021. 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