21st January 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 21st January 2021 covering the following news headlines: Joe Biden, Radio Hills-Youngistan Ka Dil, Kamalam, Exercise Desert Knight-21, Telecommunications Consultants India Limited. 

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 the banking terms, current affairs news, etc. So, here is the GK update of 21st January 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

International News

1. Joe Biden takes oath as 46th US President

  • Joe Biden became the 46th president of the United States. He swore the oath of office moments after Kamala Harris, who became America’s first woman vice president, turning the page on Donald Trump’s tumultuous four years.
  •  At 78, Biden is the oldest president in US history and only the second Roman Catholic president. Biden, who was vice president under Barack Obama and first ran for president in 1987, plans to kick off his tenure with a flurry of 17 orders.
  • Biden will immediately rejoin the Paris climate accord and stop the US exit from the World Health Organization and set new paths on immigration, the environment, Covid-19 and the economy.

State News

2. CM Thakur launches HP’s first online youth radio station

  • Chief Minister Jai Ram Thakur has launched Himachal Pradesh’s first online youth radio station ”Radio Hills-Youngistan Ka Dil”.
  • The Chief Minister appreciated the efforts of young entrepreneurs. The developer of the online radio Karan, and Radio Jockeys Palak, Rahul and Nidhi were also present on the occasion.
  • The online radio would go a long way in promoting the culture and traditions of the state, besides providing an opportunity to the youth to exhibit their talents. The founders of the online radio, Deepika and Saurabh.

Important takeaways for all competitive exams:

  • Chief Minister of HP: Jairam Thakur; Governor of HP: Bandaru Dattatraya.

3. Gujarat to Rename Dragon Fruit as ‘Kamalam’

  • The Gujarat state government has renamed dragon fruit as ‘Kamalam’. The move has kept the internet in splits and many criticized it using the hashtag #SanskariFruitSabzi.
  • As per Gujarat Chief Minister, the dragon fruit has been renamed Kamalam because of the shape of the fruit.
  • The state government has applied for the patent of the fruit named Kamalam. This was announced at the launch of the Chief Minister Horticulture Development Mission.
  • The Horticulture Development Mission is a scheme to promote horticulture in the unproductive regions of the state as well.

Important takeaways for all competitive exams:

  • Gujarat Chief Minister: Vijay Rupani.
  • Gujarat Governor: Acharya Devvrat.

Defence News

4. Indo-French Exercise Desert Knight-21 begins

  • Indian Air Force and French Air and Space Force are conducting a bilateral Air exercise, Ex Desert Knight-21 in Jodhpur, Rajasthan.
  • The exercise marks an important milestone in the series of engagements between the two Air forces. It is unique as it includes fielding of Rafale aircraft by both sides and is indicative of the growing interaction between the two premiers Air Forces.
  • The French side will participate with Rafale, Airbus A-330 Multi-Role Tanker Transport, A-400M Tactical Transport aircraft and approximately 175 personnel.
  • The Indian Air Force aircraft participating in the exercise will include Rafale, Mirage 2000, Sukhoi-30 MKI among other aircraft.

Important takeaways for all competitive exams:

  • France President: Emmanuel Macron.
  • France Capital: Paris.
  • France Currency: Euro.

Appointments News

5. Govt appoints Siddhartha Mohanty as managing director of LIC

  • The Appointments Committee of the Cabinet has appointed Siddhartha Mohanty as the managing director of India’s largest insurer Life Insurance Corporation (LIC) from February 1 onwards.
  • He is currently CEO of LIC Housing Finance Limited. He will serve as the MD of LIC till his superannuation on June 30, 2023. He will be replacing TC Suseel Kumar, who is set to retire on January 31, 2021.
  • LIC has four MDs and one chairman. Currently, MR Kumar is serving as the chairman of the corporation and TC Suseel Kumar, Vipin Anand, Mukesh Kumar Gupta, and Raj Kumar are serving as the MDs of LIC.

Important takeaways for all competitive exams:

  • Life Insurance Corporation Founded: 1 September 1956.
  • Life Insurance Corporation Headquarters: Mumbai.

6. ACC appoints Sanjeev Kumar as new CMD of TCIL

  • The Appointments Committee of the Cabinet (ACC) has approved the appointment of Sanjeev Kumar as the new Chairman & Managing Director (CMD) of Telecommunications Consultants India Limited (TCIL).
  • According to an order from the Department of Personnel & Training (DoPT), Kumar has been appointed to the post for a period of five years from the date of assumption of the charge of the post, or till the age of superannuation, or until further orders, whichever is earlier. He is currently serving as Director (Technical) in Mahanagar Telephone Nigam Limited (MTNL).
  • Telecommunications Consultants India Limited (TCIL) is a Miniratna PSU under the administrative control of the Department of Telecommunications, Ministry of Communications. TCIL, a premier telecommunication consultancy and engineering company is making available its vast and varied telecom expertise to friendly developing countries.

Important takeaways for all competitive exams:

  • Telecommunications Consultants India Limited Founded: 1978.
  • Telecommunications Consultants India Limited Headquarters: New Delhi.

7. Sundaram Finance names Rajiv Lochan as MD

  • The board of Sundaram Finance has named Rajiv Lochan (director Strategy) as managing director with effect from April 1. Sundaram Finance Ltd has made top-level changes as the current managing director T.T. Srinivasaraghavan will be retiring on March 31, 2020.
  • While the current deputy managing director Harsha Viji will assume the office of executive vice-chairman, and take responsibility for the overall strategy and direction of Sundaram Finance Ltd., and other group companies in financial services.

Important takeaways for all competitive exams:

  • Sundaram Finance Ltd Founded: 1954.
  • Sundaram Finance Ltd Founder: T.S.Santhanam.
  • Sundaram Finance Ltd Headquarters: Chennai, Tamil Nadu.

Summits and Conferences News

8. India, Singapore sign pact on submarine rescue support

  • The 5th edition of the Defence Ministers’ Dialogue (DMD) between India and Singapore was successfully held on 20 January 2021 through a video conference, in an effort to deepen military cooperation.
  • During the meeting, the ‘Implementing Agreement on Submarine Rescue Support and Cooperation’ was signed between the two Navies. The agreement was signed between Defence Minister Rajnath Singh and his Singaporean counterpart Dr Ng Eng Hen.

Important takeaways for all competitive exams:

  • Singapore Currency: Singapore dollar.
  • Capital of Singapore: Singapore.
  • PM of Singapore: Lee Hsien Loong.

Banking News

9. ICICI Bank launches ‘InstaFX’ mobile app

  • ICICI Bank has launched a new mobile application ‘InstaFX’ for authorised money changers to help customers of any bank get ‘ICICI Bank Forex Prepaid Card’ swiftly. ICICI is the bank is the first in the country to offer such facility to money changers.
  • A money changer is a person or organization whose business is the exchange of coins or currency of one country, for that of another.
  • The ‘InstaFX’ app will enable the authorised money changers, who are partners of the Bank, to complete the KYC verification and validation of customers digitally and on a real-time basis.
  • The ‘ICICI Bank Forex Prepaid Card’ gets activated swiftly within a few hours, as against the industry practice of up to two-days, thus it will significantly improve customer convenience, even if they are not customers of ICICI bank.

Important takeaways for all competitive exams:

  • ICICI Bank Headquarters: Mumbai, Maharashtra.
  • ICICI Bank MD & CEO: Sandeep Bakhshi.
  • ICICI Bank Tagline: Hum Hai Na, Khayal Apka.

10.  Airtel Payments Bank launches ‘Airtel Safe Pay’

  • To protect Airtel customers from the growing incidents of online payment frauds, Airtel Payments Bank has launched ‘Airtel Safe Pay’, a safe way to pay digitally.
  • With ‘Airtel Safe Pay’, Airtel customers making UPI or net banking-based payments through Airtel Payments Bank, no longer have to worry about money flowing out of their accounts without their explicit consent.
  • An India-First innovation, ‘Airtel Safe Pay’ leverages Airtel’s ‘telco exclusive’ strength of network intelligence to provide an additional layer of payment validation, compared to the industry norm of two-factor authentication.
  • This offers the highest level of protection from potential frauds such as phishing, stolen credentials or passwords, and even phone cloning that catches customers unaware.
  • Using ‘Airtel Safe Pay’, Airtel Payments Bank customers can make secure digital payments across millions of merchants, online retailers and utilities, and even send money.

Important takeaways for all competitive exams:

  • Airtel Payments Bank CEO: Anubrata Biswas.
  • Airtel Payments Bank Headquarters Location: New Delhi.
  • Airtel Payments Bank Founded: 2017.
  • Airtel Payments Bank Parent organization: Bharti Airtel.

Ranks and Reports News

11. NITI Aayog Releases India Innovation Index 2.0

  • NITI Aayog released the second edition of the India Innovation Index on 20 January 2021, along with the Institute for Competitiveness.
  • India Innovation Index 2.0 or 2nd edition has released by NITI Aayog Vice-Chairman Rajiv Kumar. The index demonstrates the government’s continued commitment towards transforming the country into an innovation-driven economy. The report examines the innovation capabilities and performance of the states and union territories.
  • The innovation index ranking is based on five enabler parameters (‘Human Capital’, ‘Investment’, ‘Knowledge Workers’, ‘Business Environment’, ‘Safety and Legal Environment’), and two performance parameters (‘Knowledge Output’ and ‘Knowledge Diffusion’).
  • In the ‘Major States’ category, Karnataka occupied the top position, followed by Maharashtra and Tamil Nadu respectively.
  • In UT and city-states category, Delhi topped followed by Chandigarh.
  • Under the ‘North-Eastern/Hill States’ category, Himachal Pradesh emerged as the top state.

Obituaries News

12. Former Arunachal Governor Mata Prasad passes away

  • Former Arunachal Governor Mata Prasad has passed away at the age of 95.
  • He served as minister in the Congress government in Uttar Pradesh in 1988- 89 and appointed as Governor of Arunachal Pradesh in 1993.

Miscellaneous News

13. Howrah-Kalka Mail Renamed as “Netaji Express”

  • One of the oldest trains of Indian Railways, the Howrah-Kalka Mail has been renamed as the ‘Netaji Express’.
  • Indian Railways have renamed the train just a few days before the birth anniversary of Netaji Subhash Chandra Bose on January 23. 
  • Howrah-Kalka Mail was started in the 19th Century as one of the early commercial passenger train services in India.
  • The Kalka mail has always been popular for connecting Howrah with Kalka and has enjoyed steady patronage.
  • It is believed that Netaji took this train from Bihar’s Gomoh after escaping from his house in Kolkata in the year 1941.

14. JSW Sports signs cricketer Rishabh Pant to manage commercial interests

  • Rishabh Pant was signed by JSW Sports, the sports arm of JSW Group. The multi-year association between the two parties will see JSW Sports manage all commercial interests and marketing rights of the 23-year-old cricketer, who most recently played a starring role in India’s magnificent Test series win in Australia.
  • As part of the association, JSW Sports will manage the athlete’s image positioning and all his commercial engagements, including brand endorsements and appearances, social media monetisation, and business deals.
  • Ever since its inception in 2012, JSW Sports has worked towards maximising India’s sporting potential by working with promising Indian talents across Olympic sports, football, and kabaddi; including Olympic medalist Sakshi Malik and wrestling star Bajrang Punia.

Important takeaways for all competitive exams:

  • JSW Group Founder: Sajjan Jindal.
  • JSW Group Founded: 1982.

Check More GK Updates Here

21st  January Current Affairs 2021 | Current Affairs Today | Daily Current Affairs 2021

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