In this article, we will discuss all the important current affairs of 2nd November 2021 in detail.
1. The Rome Declaration is adopted at the G20 Summit in 2021.
- On October 30 and 31, 2021, the G20 (Group of Twenty) Summit was held in Rome, Italy.
- It was the G20 group’s 16th meeting. The meeting was presided over by Mario Draghi, the Italian Prime Minister.
2. ‘Ganga Utsav 2021 – The River Festival’ begins its 5th edition.
- The 5th edition of the three-day Ganga Utsav will be held in virtual format from November 1 to 3, 2021.
- The “Ganga Utsav 2021 – The River Festival” will not only honour the majesty of the Ganga, but also all of the country’s rivers, in order to promote the “Nadi Utsav” festival (River Festival).
3. As part of the KISCE programme, the Sports Ministry has upgraded three new facilities in Lucknow, Delhi, and Chennai.
- Three existing sports facilities around the country have been upgraded as Khelo India Sports Centres of Excellence by the Ministry of Sports (KISCE).
4. The Government of India has formed an Empowered Group of Secretaries (EGoS) under the Cabinet Secretary to review the implementation of the PM Gati Shakti National Master Plan. The EgoS will review and monitor the mechanism for the development and implementation of the PM Gati Shakti National Master Plan (NMP).
- The Chairperson of the 20-member EGoS will be the Cabinet Secretary.
5. A stealth frigate for the Indian Navy Tushil was first released in Kaliningrad, Russia.
- On October 28, 2021, the Yantar Shipyard in Kaliningrad, Russia, launched the seventh Indian Navy frigate of the P1135.6 class.
- Tushil, a Sanskrit word that means guardian shield, has been given to the ship.
6. The critically endangered native long-tailed bat has been named New Zealand’s Bird of the Year.
- New Zealand’s Bird of the Year for 2021 is the severely endangered New Zealand long-tailed bat.
- New Zealand’s only land mammal is the long-tailed bat. It’s also known as the pekapeka-tou-roa or long-tailed wattled bat.
7. ‘Vax’ named Oxford English Dictionary’s 2021 Word of the Year The Oxford English Dictionary (OED) has named ‘Vax’ as the word of the year for 2021.
- The name Vax comes from the Latin word vacca, which means “cow.”
Banking & Finance News
8. The RBI has relaxed the present a/c limits for exposures of less than Rs 5 crore.
- For bank exposures of less than Rs 5 crore, the Reserve Bank of India loosened current account requirements, allowing lenders to open current accounts, cash credit, and overdraft facilities without restriction.
- The regulator has given banks one month to implement the adjustments.
- There are no restrictions on banks opening current accounts or providing CC/OD facilities to borrowers with a banking system exposure of less than Rs 5 crore, subject to obtaining an undertaking from such borrowers that they will notify the bank(s) as and when the credit facilities they have obtained from the banking system reach Rs 5 crore or more.
9. Axis Bank inks a Memorandum of Understanding with the Indian Navy for salary accounts.
- Axis Bank, a private sector lender, has inked a memorandum of understanding (MoU) with the Indian Navy, promising a wage package for those serving in the armed forces.
- Axis Bank will provide several perks to all ranks of the Indian Navy, veterans, and cadets through the special defence service salary package, Power Salute.
10. YES Bank and BankBazaar have launched a co-branded credit card called “FinBooster.”
- Yes Bank and BankBazaar.com have announced the launch of a co-branded credit card called FinBooster.
- The FinBooster credit card, which is based on a credit fitness tracker, will allow consumers to maintain track of their creditworthiness while also boosting their score based on a review of factors affecting their credit score via a simple CreditStrong app subscription.
Business & Economy News
11. To provide technical knowledge, the Sebi has formed an IT project advisory council.
- The Securities and Exchange Board of India (Sebi) has set up an IT Projects Advisory Committee to advise the market regulator on projects involving sophisticated technologies such as artificial intelligence, machine learning, data analytics, and cloud computing.
- According to an update available with the regulator, the seven-member team, led by Abhay Karandikar, a director at IIT Kanpur, would provide advise on how to modernise existing Sebi IT systems and solutions with the latest IT practises, techniques, tools, and technologies.
12. The deaf team from Jammu and Kashmir has won the World Deaf Judo Championship.
- The J&K deaf team won first place in the World Deaf Judo Championships held in Paris Versailles, France, in yet another shot in the arm for J&K sports performance.
- Rakshanda Mehak, a member of the Indian deaf team, won the bronze medal in the semifinals by defeating the South Korean team.
Awards & Honours News
13. MCC has added 18 new Honorary Life Members, including Harbhajan Singh and Javagal Srinath.
- Along with England stars Sir Alastair Cook, Marcus Trescothick, Ian Bell, and Sarah Taylor, Harbhajan Singh and Javagal Srinath have been named among the 18 new Honorary Life Members of the Marylebone Cricket Club (MCC).
- Apart from the Indian duo, the MCC also honoured South Africans Hashim Amla, Herschelle Gibbs, Morne Morkel, and Jacques Kallis. Australia’s Damien Martyn and Alex Blackwell were also honoured, while the West Indies’ Ian Bishop, Shivnarine Chanderpaul, and Ramnaresh Sarwan were named.
14. Kochi, Kerala, has won an award for its sustainable transportation system.
- The city of Kochi in Kerala, dubbed the “Queen of the Arabian Sea,” has earned the title for the country’s most sustainable transportation system.
- Hardeep Singh Puri, the Union Minister for Housing and Urban Affairs, presented the award in New Delhi.
15. Alan Davidson, an Australian cricket icon, has died at the age of 92.
- Alan Davidson, an Australian and New South Wales cricket all-rounder, died at the age of 92.
- Davidson was the first player in Test cricket history to score 100 runs and take 10 wickets in the same match.
16. Tuesday, November 2nd is International Day to End Impunity for Crimes Against Journalists.
- Every year on November 2, the International Day to End Impunity for Crimes Against Journalists is commemorated.
- The goal is to prevent any attacks and violence against journalists and media workers, as well as to ensure accountability, bring perpetrators of crimes against journalists and media workers to justice, and provide victims with proper remedies.
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