02nd April 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 02nd April 2021 covering the following news headlines: Ghaziabad Nagar Nigam, Rafale fighter jets, World Autism Awareness Day, International Children’s Book Day, SHANTIR OGROSHENA 2021.

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of 02nd April 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. Centre withdraws order cutting interest rates on small savings schemes

• The government has withdrawn its order slashing interest rates on small savings schemes, including National Savings Certificates (NSC) and Public Provident Fund (PPF), for the first quarter of 2021-22.
• Earlier on March 31, 2021, the Finance Ministry had announced a sharp cut in interest rates for small savings schemes by 50-110 basis points. Interest rates for small savings schemes are notified on a quarterly basis.
• However, the orders issued were withdrawn by the government on April 01, 2021. This marks the fourth consecutive quarter that the government has maintained the rates on such schemes that are effective from April 1 and remain in effect till June 30, 2021.

State News

2. Ghaziabad Nagar Nigam in Uttar Pradesh lists itself at BSE

• Ghaziabad Nagar Nigam listed itself at BSE and successfully raised Rs. 150 Crores by issuing Municipal Bond on Private Placement Basis using BSE BOND. This is the first-ever green bond issuance by any Municipal Corporation in the country.
• The money will be used for the construction of a tertiary sewage treatment plant at Indirapuram in Ghaziabad. The money will be used to fund the project partly which is worth Rs 240 crore. This treatment plant will enable the sewage water to be used for industries after treatment.
• Ghaziabad Nagar Nigam is the second Municipal Corporation to raise funds in the state of Uttar Pradesh. Earlier, Lucknow Municipal Corporation had listed itself at BSE.

Important takeaways for all competitive exams:

Appointments News

3. Subhash Kumar takes additional charge as CMD of ONGC

• Subhash Kumar has assumed the additional charge as Chairman and Managing Director (CMD) of Oil and Natural Gas Corporation (ONGC) on April 01, 2021. He is serving as Director (Finance) at ONGC.
• Kumar succeeds incumbent CMD, Shashi Shanker, who superannuated on March 31, 2021.

Important takeaways for all competitive exams:

Defence News

5. Indian Army to participate in Military Exercise SHANTIR OGROSHENA 2021

• A multinational Military Exercise named ‘SHANTIR OGROSHENA’ 2021 (Front Runner of the Peace) is scheduled to be held in Bangladesh from April 04 to 12, 2021.
• The theme of the exercise is “Robust Peace Keeping Operations”. The exercise is being held to commemorate the birth centenary of Bangladesh ‘Father of the Nation’ Bangabandhu Sheikh Mujibur Rahman and mark glorious 50 years of liberation of the country.
• The Indian Army is also participating in this multinational exercise, along with a contingent of the Royal Bhutan Army, Sri Lankan Army and Bangladesh Army.
• The Indian contingent will comprise 30 personnel including Officers, JCOs and Jawans of a Battalion from The DOGRA Regiment.
• USA, UK, Turkey, Kingdom of Saudi Arabia, Kuwait and Singapore will also attend the exercise as Military observers.

6. 4th batch of three Rafale fighter jets land in India

• The fourth batch of three Rafale fighter jets landed in India after flying non-stop from Istres Air Base France, in a further boost to the strike capability of the Indian Air Force (IAF). The Rafale fighter jets were provided mid-air refuelling by air force tankers of the United Arab Emirates (UAE).
• The three Rafale fighter aircraft which took off from France for India were scheduled to land at the Jamnagar airbase. The planes equipped with the Hammer missiles have enhanced their capability to carry out air-to-ground strikes like the one in Balakot.

Economy News

7. UNESCAP: India’s Economic Growth Of 7% in 2021-22

• The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) said in the latest update that, India’s is estimated to record economic growth of 7% in 2021-22, over a contraction of 7.7% witnessed in the previous fiscal on account of the pandemic’s impact on normal business activity.
• It also noted that maintaining low borrowing costs while keeping non-performing loans in check would be a challenge.

Important takeaways for all competitive exams:

Ranks and Reports News

8. India ranks 140th in WEF’s gender gap index 2021

• India has slipped 28 places to rank 140 among 156 countries in the Global Gender Gap Report 2021, by World Economic Forum. In 2020, India ranked 112th among 153 countries.
• Iceland has topped the index as the most gender-equal country in the world for the 12th time. Afghanistan is the worst-performing country in the report.
• Iceland, Finland, Norway, New Zealand, Rwanda, Sweden, Ireland and Switzerland.
• The Global Gender Gap Report 2021 is the 15th edition of the annual publication by WEF.
• The Global Gender Gap Index was first introduced by the World Economic Forum in 2006 to compare countries’ gender gaps across four dimensions: economic opportunities, education, health and political leadership.

Important takeaways for all competitive exams:

Awards News

11. Legendary Actor Rajinikanth to be honoured with 51st Dadasaheb Phalke Award

• The legendary actor Rajinikanth has been selected to be honoured with the 51st Dadasaheb Phalke Awards, the highest film honour in India.
• The iconic actor Rajinikanth will receive the Dadasaheb Phalke award for 2019 for his stupendous contribution to Indian cinema. Rajinikanth will receive the Dadasaheb Phalke Award on May 3, 2021.
• Rajinikanth is the 12th South Indian to get this award. Legends like Dr Rajkumar, Akkineni Nageshwar Rao, K Balachander have been awarded before. The legendary actor has been honoured with the Padma Bhushan and Padma Vibhushan in the past.

Important Days

12. World Autism Awareness Day: 02 April

• The World Autism Awareness Day is observed internationally on 2 April every year, to raise awareness about people with Autism Spectrum Disorder (ASD) throughout the world.
• The 2021 World Autism Awareness Day observance will address these issues through a virtual event that will include moderated panel discussions with individuals on the autism spectrum who have themselves experienced the challenges and seen these new opportunities in the employment market.
• The very first World Autism Day was observed in the year 2008 on April 2. It was adopted by the United Nations General Assembly on 18 December 2007. World Autism Day is one of only seven official health-specific UN Days.

13. International Children’s Book Day: 02 April

• International Children’s Book Day (ICBD) is organised annually on 2nd April since 1967, by the International Board on Books for Young People (IBBY), an international non-profit organization, to inspire a love of reading and to call attention to children’s books.
• Theme 2021: “The Music of Words.” Each year a different National Section of IBBY has the opportunity to be the international sponsor of ICBD and decide upon a theme. The IBBY United States is the sponsor for International Children’s Book Day 2021.

Important takeaways for all competitive exams:

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