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02nd December 2021 Daily Current Affairs 2021: Today GK Updates for Bank Exam

Here is the Daily GK Update of 02nd December 2021 covering the following news headlines: EIU’s Worldwide Cost of Living Index 2021, Smriti Mandhana, Sanjay Dutt, Dr M S Swaminathan Award, National Pollution Control Day.

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 is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of 03rd December 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Top 15 Daily GK Updates: National & International News

Here is providing below the top 15 important Daily General Knowledge GK 2021 updates with national & international news.

International News

1. Sweden elects 1st Female Prime Minister Magdalena Andersson

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  • The former Finance Minister of Sweden, Eva Magdalena Andersson from the Social Democratic Party (SDP) won her 2nd election and became the 1st female Prime Minister (PM) of Sweden.
  • On 24 November 2021, she was first elected as the PM but later resigned after her coalition partner (Green Party) quit the government and the budget failed to pass. Swedan’s Parliament is known as Riksdag. Sweden is the last Nordic country to get a female Prime Minister.
  • Magdalena Andersson was born on 23 January 1967. She is a 54-year-old Swedish politician and economist serving as the PM from the Social Democratic Party or SDP.
  • She began her political career as a political adviser to then PM Goran Persson in 1996 and then as Director of Planning.
  • In 2004 she began to work in the Ministry of Finance as State Secretary.
  • She became the head of the SDP on November 4, 2021. She is the second woman leader of the SDP.

Important takeaways for all competitive exams:

  • Sweden Capital: Stockholm;
  • Sweden Currency: Swedish krona.

States News

2. Sanjay Dutt roped in as Brand Ambassador for 50th-year Celebrations of Arunachal Pradesh

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  • The Arunachal Pradesh (AP) Government has signed Bollywood actor Sanjay Dutt as the brand ambassador and award-winning filmmaker and branding expert Rahul Mittra as brand advisor of the occasion of their golden jubilee celebrations, marking the 50th year of the naming of the state.
  • Sanjay Dutt launched a media campaign for the month-long celebrations, from 20th January to 20th February 2022 at the Mechuka valley of AP’s Shi-Yomi district.
  • As part of the media campaign, Sanjay Dutt will feature in a series of promotional videos on, Tourism in the State, Initiatives on substance and drug abuse along with youths and also on Serious concerns for the state in recent years.

Important takeaways for all competitive exams:

  • Arunachal Pradesh Capital: Itanagar;
  • Arunachal Pradesh Chief minister: Pema Khandu;
  • Arunachal Pradesh Governor: B. D. Mishra.

3. Nagaland celebrates its 59th Statehood Day

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  • Nagaland is celebrating its 59th Statehood Day on 1 December 2021. Nagaland was granted statehood on December 1, 1963, with Kohima being declared as its capital.
  • Prior to this, Naga leaders and the central government reached an agreement to create a separate region of the Naga Hills in 1957. The State of Nagaland Act, 1962, was thus enacted by the Parliament to give Nagaland statehood.
  • According to the Article 371-A, no act of Parliament would apply to the State of Nagaland in a matter relating to religious or social practices of Nagas, Naga customary law and procedure, administration of civil or criminal justice involving decisions according to Naga customary law and ownership and transfer of land and its resources.
  • Nagaland is the first state in the northeast to be bifurcated from Assam as the 16th State of the Indian Union.

Important takeaways for all competitive exams:

  • Chief Minister of Nagaland: Neiphiu Rio; Governor of Nagaland: Jagdish Mukhi.

Appointments News

4. Smriti Mandhana Signed as Brand Ambassador of GUVI

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  • Indian Institute of Technology Madras (IIT-M) incubated startup, GUVI has signed Indian Women’s cricketer Smriti Mandhana as its brand ambassador.
  • As the brand ambassador of GUVI, Smriti Mandhana will be the face of GUVI and feature across the online campaigns of GUVI aimed to strengthen the importance and scope of technological education & information technology (IT) skills. She will create awareness about technological education among everyone, especially among women.
  • GUVI is India’s first vernacular Ed-tech Startup to impart tech & programming skills to individuals in their preferred native languages (Tamil, Telugu, Hindi & Many other Indian Languages).

Agreements News

5. SBI signs MoU with Usha International for Empowering Women

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  • State Bank of India (SBI) has signed an agreement with Usha International Limited (UIL) for empowering women entrepreneurs by providing financial assistance. The financial assistance will be provided under the Joint Liability Group model.
  • This is the first of its kind collaboration between UIL and SBI in coming forward together for the upliftment of the social and economic status of women entrepreneurs in rural areas of the country by making them self-reliant and providing equal opportunity for achieving financial growth and inclusion.

Important takeaways for all competitive exams:

  • State Bank of India Founded: 1 July 1955;
  • State Bank of India Headquarters: Mumbai;
  • State Bank of India Chairman: Dinesh Kumar Khara.

Economy News

6. Government collected Rs 1.31 lakh crores as GST for November

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  • The gross GST revenue collected in the month of November 2021 is Rs 1,31,526 crores. The CGST was Rs 23,978 crore, SGST is Rs 31,127 crore. The IGST was Rs 66,815 crores (of this Rs 32,165 crores was collected from the goods imported).
  • The cess collected was Rs 9,606 crores (This includes Rs 653 crores from the imported goods). The GST revenue collected for the month of November is 25% higher than the GST revenue of November 2020. And is 27% higher than GST revenue collected in November 2019.

7. India’s GDP : Ind-Ra projected India’s GDP 9.4% in FY22

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  • The rating agency, India Ratings and Research (Ind-Ra) expects India’s Gross Domestic Product (GDP) in the Second Quarter of Financial Year-2022 (Q2 FY22) at 3 per cent and in FY22 at 9.4 per cent.
  • Workplace mobility in Q1 FY22 was 26 per cent lower than the baseline and 16 per cent lower year-on-year than the baseline at The government’s capital expenditure (capex) grew 51.9 per cent in Q2 FY22 as against 26.3 per cent in Q2 FY21.

Awards News

8. V Praveen Rao wins 7th Dr. M.S. Swaminathan Award for 2017-19

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  • Vice-Chancellor (VC) of Professor Jayashankar Telangana State Agricultural University, V Praveen Rao wins the 7th Dr M S Swaminathan Award for the period 2017-19.
  • It is a biennial national (every 2 years) award that was presented by the retired ICAR (Indian Council of Agricultural Research) Employees Association (RICAREA) and Nuziveedu Seeds Limited. It carries a cash prize of INR 2 lakh and a citation.
  • The Selection Committee, headed by former ICAR Director-General, RS Paroda has decided to select V Praveen Rao for the award recognising his contributions in the fields of ‘agricultural research, teaching, extension and administration’. Praveen Rao handled 13 research and 6 consultancy projects on micro-irrigation in India, Israel and South Africa.
  • This prestigious award was instituted in 2004 in honour of Dr M.S. Swaminathan the main architect of India’s Green Revolution.

9. ‘Naoroji: Pioneer of Indian Nationalism’ by Dinyar Patel wins NIF Book Prize 2021

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  • A biography titled ‘Naoroji: Pioneer of Indian Nationalism’, authored by Dinyar Patel and published by Harvard University Press selected as the winner of the 4th Kamaladevi Chattopadhyay NIF (New India Foundation) Book Prize 2021.
  • The bookmarked the life events and legacy of Dada Bhai Naoroji. It also contains the historical background of India’s National Movement during the 19th century.
  • The prize is named after institution-builder Kamaladevi Chattopadhyay who had contributed significantly to the freedom struggle, women’s movement and other fields.
  • The 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.
  • Instituted – 2018 & Instituted by New India Foundation.

Ranks and Reports News

10. EIU’s Worldwide Cost of Living Index 2021 announced

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  • Economist Intelligence Unit’s (EIU) has announced the Worldwide Cost of Living Index 2021. According to the Index, Tel Aviv, Israel has become the most expensive city in the world to live in in 2021, pushing Paris, France and Singapore jointly to occupy the second spot with Zurich and Hong Kong at the fourth and fifth spots respectively.
  • Tel Aviv climbed from 5th place to the top in 2021 due to the rising value of the Israeli currency shekel against the US Dollar along with the increase in the price of grocery and transport. Syria’s Damascus was ranked as the world’s cheapest city.
  • The Worldwide Cost of Living Index examines the cost of living in 173 cities and measures impactful global events. The cost of the living study is conducted twice a year.

Important takeaways for all competitive exams:

  • Economist Intelligence Unit Established: 1946;
  • Economist Intelligence Unit Headquarters: London, United Kingdom;
  • Economist Intelligence Unit Global Chief Economist, Managing Director: Simon Baptist.

Books and Authors News

11. Narotam Sekhsaria’s autobiography “The Ambuja Story” released soon

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  • Former Vice Chairman/Founder/Promoter, Ambuja Cements Ltd, Narotam Sekhsaria has authored his autobiography titled ‘The Ambuja Story: How a Group of Ordinary Men Created an Extraordinary Company’ which is set to be released in December 2021.
  • The book features the story of his rise from a small-time cotton trader to setting up one of the largest cement companies in the country, Ambuja cement, one of India’s finest companies.

Important Days

12. National Pollution Control Day 2021

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  • National Pollution Control Day is observed on 2nd December every year. The day is observed as a national pollution control day to commemorate the lives of the people who died in the Bhopal gas tragedy in 1984.
  • The main objective of this day is to educate the people and to make them aware of pollution control acts and industrial disasters. This year will be marked as the 37th national pollution control day. To know more about this day, candidates are advised to read the article below.
  • The day is observed in the memory of people who lost their lives in the Bhopal gas disaster. The industrial accident occurred in 1984 when the gas Methyl Isocyanate leaked on the night of December 2–3 and killed thousands.

13. World Computer Literacy Day 2021

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  • World Computer Literacy Day is observed on 2nd December every year all over the world. The day is celebrated as the world computer literacy day to create awareness and drive digital literacy in underserved communities worldwide.
  • The day promotes technological skills, especially in children and women, and aims to inspire them to learn more and make their work easier by the use of computers. To know, more about the World Computer Literacy day candidates are advised to read the below article.
  • The day was originally founded by the Indian computer company NIIT to mark its 20th anniversary in 2001. World Computer Literacy Day was first observed and held in the year 2001 on 2nd December. As mentioned above, the day is celebrated to create awareness and drive digital literacy in underserved communities worldwide.

14. International Day for the Abolition of Slavery: 2 December

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  • International Day for the Abolition of Slavery is observed annually on 2nd December since 1986 by the United Nations General Assembly.
  • The focus of this day is on eradicating contemporary forms of slavery, such as trafficking in persons, sexual exploitation, the worst forms of child labour, forced marriage, and the forced recruitment of children for use in armed conflict.
  • The International Day for the Abolition of Slavery, 2 December, marks the date of the adoption, by the General Assembly, of the United Nations Convention for the Suppression of the Traffic in Persons and of the Exploitation of the Prostitution of Others (resolution 317(IV) of 2 December 1949).

Obituaries News

15. Veteran Telugu film lyricist ‘Sirivennela’ Seetharama Sastry passes away

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  • The renowned Telugu film lyricist and Padma Shri awardee, ‘Sirivennela’ Chembolu Seetharama Sastry passed away at the age of 66 years.
  • He was born on May 20th, 1955 in Anakapalle village in Visakhapatnam district, Andhra Pradesh. He launched his first song in the film, ‘Janani Janmabhoomi’ directed by K Viswanath.

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