Current Affairs for SSC CGL Exams - 05 October 2021

SSC CGL Current Affairs

Current Affairs for SSC CGL Exams - 05 October 2021

::NATIONAL::

Vice President inaugurates Mahabahu Brahmaputra River Heritage Center in Guwahati

  • Vice President M Venkaiah Naidu, who is in Assam as part of a three-day tour to the northeast, inaugurated the Mahabahu Brahmaputra River Heritage Centre in the presence of Governor JagdishMukhi and Chief Minister HimantaBiswaSarma. 
  • The Vice President called for a national campaign to rejuvenate the country’s rivers and suggested that “we save our rivers with a sense of immediacy”. 
  • “In the past, our villages and cities used to be dotted with several water bodies. In the quest for modernization, man, driven by greed, has destroyed natural ecosystems and at several places, the water bodies have virtually disappeared or have been encroached upon,” he said. 
  • In a detailed Facebook post later, Naidu praised the effort to covert the bungalow into a heritage property and commented on its beauty. 
  • “This is where the great warrior LachitBarphukan made a decisive attack on the Mughals and forced them to return….Transforming this bungalow into Brahmaputra River Heritage Centre is a mark of respect for this vast river that nourished the civilisation here for centuries,” he wrote. 
  • Located atop BarphukanarTilla, a small hillock named after the most famous Ahom general LachitBarphukan, it is the site from where the Ahom forces planned and launched attacks on the Mughal army during the Battle of Saraighat in 1671, which the latter lost. 

::INTERNATIONAL::

'Our commitment to Taiwan rock solid’: US warns China after airspace incursion

  • The United States termed the recent Chinese military activity near Taiwan as ‘provocative’. The White House in a statement said that it remains concerned regarding the recent incursions made by the Chinese People’s Liberation Army air force into Taiwan’s airspace.
  • “We remain concerned by the People's Republic of China's provocative military activity near Taiwan, which is destabilising risk miscalculations and undermines regional peace and stability,” White House press secretary Jen Psaki told reporters during the daily press briefing.
  • Washington asked Beijing to cease military, diplomatic and economic pressure and coercion against Taiwan. “We have an abiding interest in peace and stability across the Taiwan Strait,” Psaki further added.
  • Beijing marked the founding of the People's Republic of China on Saturday by making the largest-ever incursion into China as it flew 38 Chinese aircraft in two waves on Friday, news agency Reuters reported citing Taiwanese defence ministry.
  • Psaki said the Biden administration will continue to assist Taiwan in maintaining a sufficient self-defence capability. “We maintain our commitments, as outlined in the three communiques, Taiwan Relations Act, and the Six Assurances,” Psaki said.

::ECONOMY::

Bitcoin hits $50,000 for first time in four weeks

  • Bitcoin, the world's biggest cryptocurrency by market value, rose above the $50,000 mark for the first time in four weeks on Tuesday, adding to a series of gains since the start of October.
  • The cryptocurrency fell below that level on September 7 amid a broader selloff in shares of cryptocurrency and blockchain related firms that day. It continued to fall in September, hitting a low of $40,596 on September 21.
  • On Tuesday, Bitcoin rose as much as 2.35% to hit $50,398.10.
  • Cryptocurrency investment products and funds recorded inflows for a seventh straight week, as institutional investors warmed to more supportive statements from regulators, data from digital asset manager CoinShares.

Udaan looks to secure 4k crore to fund growth

  • B2B marketplace Udaan is set to raise as much as 4,000 crore to fund expansion as more retailers and wholesalers embrace digital commerce, two people directly aware of the plan said.
  • Udaan is likely to close the funding round in the next few weeks, the people cited above said, requesting anonymity.
  • The fundraising will value the startup at $4.5-5 billion, one of the two people said. “There is an unprecedented demand to add capacity as customers are migrating to e-commerce platforms,” the person said. This will be the largest fundraising by the five-year-old Udaan, which has hired Goldman Sachs to manage the process, the person said.
  • Udaan currently has more than 3 million retailers and 25,000 sellers on its platform, and plans to “double sales volume within a year” by tying up with more sellers, expanding its logistics network and employing technology to grow its business in the pharmaceutical and packaged consumer goods space that has seen a surge in demand.
  • Experts said digitization of the retail and wholesale supply chains is likely to outlast the crisis and trigger faster expansion of both customer and business-centric e-commerce platforms.

::SCIENCE AND TECH::

Russia test-fires Tsirkon (Zircon) hypersonic cruise missile from a submarine for the first time

  • The country's defence ministry, which originally test fired the weapon - also known as Zircon - from a warship in July, said the second test, deployed in the Barents Sea, had hit its chosen target.
  • Low-quality video footage released by the ministry showed the missile shooting up from the submarine, lighting up the night sky and illuminating the water's surface.
  • "The test firing of the Tsirkon missile from a nuclear submarine was deemed successful," the ministry said.
  • Some western experts have questioned how advanced Russia's new generation of weapons are, but recognised the combination of speed manoeuvrability and altitude makes them difficult to track and intercept.

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  • Footage released in July of the country's new advanced S-500 surface-to-air missile system appeared to have been deliberately blurred, making it harder to examine.
  • Tsirkon is intended to arm Russian cruisers, frigates and submarines.

::SPORTS::

FC Goa beat Mohammedan Sporting 1-0 in the final to win the Durand Cup football title in Kolkata

  • Indian Super League side FC Goa claimed their maiden Durand Cup football tournament title after a 1-0 win over Kolkata giants Mohammedan Sporting in the summit clash on Sunday.
  • Captain Eduardo Bedia scored the all-important goal from a set-piece in the 105th minute after the final match went into the extra time in front of 34,000 spectators at the Vivekananda Yuba BharatiKrirangan.
  • The Durand Cup crown also marked FC Goa coach Juan Ferrando's first-ever trophy on Indian soil.
  • Though both the teams began with attacking intent, they failed to keep possession for longer durations. The first shot of the match came from Marcus Joseph in the third minute but it was wayward.

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