Current Affairs for BANK, IBPS Exams - 04 May 2021

Bank Exam Current Affairs



Current Affairs for BANK, IBPS Exams - 04 May 2021



::NATIONAL::

T. Rabi Shankar appointed as Deputy Governor of RBI

  • Reserve Bank of India (RBI) executive director T Rabi Sankar has been named as the fourth Deputy Governor of the central bank, sources said.
  • Rabi Sankar is in charge of the payments system, fintech, information technology and risk management at the RBI. He succeeds B P Kanungo as the deputy governor, who retired on April 2 after getting a one year extension in his position.
  • Rabi Sankar now joins Mahesh Kumar Jain, Michael Patra and RajeshwarRao as the fourth deputy governor of the central bank.
  • Rabi Sankar has an M Phil in Economics degree and has handled all critical departments at the RBI, including debt management, which was the domain of Kanungo.
  • Rabi Sankar is widely respected among economists community for his original thoughts and has been a member of various committees including those for forming marginal cost of funds based lending system, hedging of commodity price risk, integration of commodity spot and derivatives markets, including two important working group of the Bank for International Settlement (BIS) on capital markets and dollar funding markets.

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::International::

International Firefighters Day

  • Firefighters dedicate their lives to the protection of life and property. Sometimes that dedication is in the form of countless hours volunteered over many years, in others it is many selfless years working in the industry. In all cases it risks the ultimate sacrifice of a firefighter’s life.
  • International Firefighters’ Day (IFFD) is a time where the world’s community can recognise and honour the sacrifices that firefighters make to ensure that their communities and environment are as safe as possible. It is also a day in which current and past firefighters can be thanked for their contributions.
  • International Firefighters’ Day is observed each year on 4th May. On this date you are invited to remember the past firefighters who have died while serving our community or dedicated their lives to protecting the safety of us all. At the same time, we can show our support and appreciation to the firefighters worldwide who continue to protect us so well throughout the year.
  • By proudly wearing and displaying blue and red ribbons pinned together or by participating in a memorial or recognition event, we can show our gratitude to firefighters everywhere.
  • The IFFD ribbons are linked to colours symbolic of the main elements firefighters work with – red for fire and blue for water. These colours also are internationally recognised as representing emergency service.

::Economy::

Odisha launched GopabandhuSambadikaSwasthyaBimaYojana

  • Odisha government today launched a health insurance scheme for working journalists in the state.
  • Chief Minister Naveen Patnaik launched the scheme called "GopabandhuSambadikaSwasthyaBimaYojana".
  • In the first phase, as many as 3,233 working journalists will get health insurance coverage up to Rs 2 lakh a year. At least five members of the journalists family will be covered under the scheme, said an official statement.
  • The scribes will get their health insurance card from the District Information and Public Relations Officer (DIPRO) in their respective districts.
  • A delegation of Bhubaneswar-based journalists met Patnaik at the state secretariat and thanked him for the scheme. They also drew the attention of the chief minister to the problems faced by scribes while performing their duties in the state.
  • "We have also urged the chief minister to introduce a pension scheme for journalists," said PradumnyaMohanty, a member of the delegation that met Patnaik.

::Science and tech::

Uranium-214: The lightest form of uranium

  • Scientists have discovered a new type of uranium that is the lightest ever known. The discovery could reveal more about a weird alpha particle that gets ejected from certain radioactive elements as they decay.
  • The newfound uranium, called uranium-214, is an isotope, or a variant of the element, with 30 more neutrons than protons, one fewer neutron than the next-lightest known uranium isotope. Because neutrons have mass, uranium-214 is much lighter than more common uranium isotopes, including uranium-235, which is used in nuclear reactors and has 51 extra neutrons. 
  • This newfound isotope isn't just lighter than others, but it also showed unique behaviors during its decay. As such, the new findings will help scientists better understand a radioactive decay process known as alpha decay, in which an atomic nucleus loses a group of two protons and two neutrons — collectively called an alpha particle.

::Sports::

The 14th edition of the Indian Premier League has been suspended

  • The Indian Premier League, suspended earlier as a new coronavirus wave hit India, will be finished in the United Arab Emirates in September and October, the Board of Control for Cricket in India said on Saturday.
  • The world’s richest cricket tournament was half-finished when it was halted on May 4 after a number of players and team officials caught coronavirus despite being in bio-secure bubbles.

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