Current Affairs for SSC CGL Exams - 07 February 2021

SSC CGL Current Affairs

Current Affairs for SSC CGL Exams - 07 February 2021

::NATIONAL::

Rajnath Singh says Rafale induction ceremony cost exchequer over 41 lakh

  • The induction ceremony of the first five Rafale jets at the Ambala Air Force base on September 10 last cost the exchequer a little over of 41 lakh including 9.18 lakh GST, Defence Minister Rajnath Singh said in RajyaSabha.
  • "The first five Rafale aircraft of IAF were formally inducted into IAF on September 10. The arrangements for this event were made mostly through local resources of IAF. The total expenditure on the event was 41.32 lakh including 9.18 lakh of GST," he said.
  • Singh said all new variant of aircraft are traditionally inducted into the Indian Air Force through a "befitting ceremony"
  • The Rafale induction ceremony was attended by French Defence Minister Florence Parly and the top echelon of the French aerospace major Dassault Aviation, the manufacturer of the aircraft.
  • The fleet has been carrying out sorties in eastern Ladakh where Indian and Chinese troops have been engaged in a standoff for the last nine months. 
  • The first squadron of the Rafale jets is stationed at the Ambala air base while the second one will be based at the Hasimara base in West Bengal.

::INTERNATIONAL::

Biden says decision on conducting Olympic Games 2020 should be science-driven

  • He hoped the Games would take place, mainly for the sake of the athletes who have trained so hard for them.
  • Any decision about holding the 2020 Tokyo Olympic Games, postponed by a year due to the coronavirus pandemic, must be based on science; US President Joe Biden told a radio show.
  • "Imagine all those Olympians who work for four years, four years for one shot and all of a sudden that opportunity gets lost," he said.
  • "They are the people that I feel such pain for - but we have to do it based on the science," he added. "We are a science-driven administration, I think the rest of the world's there too. I hope we can play, I hope it's possible, but it remains to be seen."
  • The Olympics are set to open on July 23 and run until Aug. 8.

::ECONOMY::

Bitcoin finds new momentum as prices approach USD 40,000 mark

  • Bitcoin is back near $40,000 on the heels of a global market rally as investors grow increasingly confident in reflation and fresh US stimulus.
  • The world’s largest cryptocurrency was up 1.1% to $39,012 as of 9:57 a.m. in London after briefly surpassing $40,000 on Saturday. It’s now about 7% below an all-time high set in early January.
  • After a brief dip this month, Bitcoin is climbing once again as enthusiasts tout the digital asset as a hedge against inflation and store of value in a world awash with stimulus and rampant central-bank money printing.
  • Prominent economists including Lawrence Summers have recently raised concerns that President Joe Biden’s $1.9 trillion virus relief package may risk overheating the economy.
  • Dogecoin rose as high as 8.2 US cents before falling back to about 7 cents, according to pricing data from CoinGecko. The token has a market value of about $9 billion, making it the 10th biggest cryptocurrency.

::SCIENCE AND TECH::

UAE's Unmanned Space Probe "Al-Amal" Reaches Mars

  • The first Arab space mission, the UAE's "Hope" probe, is expected to reach Mars' orbit, making it the first of three spacecraft to arrive at the Red Planet this month.
  • The United Arab Emirates, China and the United States all launched projects to Mars last July, taking advantage of a period when the Earth and Mars are nearest.
  • If succesful, the wealthy Gulf state will become the fifth nation to ever reach Mars—a venture timed to mark the 50th anniversary of the unification of the UAE—with the China mission due to become the sixth the following day.
  • Landmarks across the UAE have been lit up in red at night, government accounts emblazoned with the #ArabstoMarshashtag, and on the big day Dubai's BurjKhalifa, the world's tallest tower, will be at the centre of a celebratory show.
  • "Hope", known as "Al-Amal" in Arabic, will orbit the planet for at least one Martian year, or 687 days, while the Tianwen-1 from China and the Mars 2020 Perseverance rover from the US will both land on Mars' surface.

::SPORTS::

Zverev overcomes inconsistency to advance in Melbourne

  • Sixth seed Alexander Zverev overcame an inconsistent start to battle past unheralded American Marcos Giron 6-7(8) 7-6(5) 6-3 6-2 in the opening round of the Australian Open on Monday and keep his hopes of winning his first Grand Slam title alive.
  • After losing a first-set tiebreak, Zverev went up an early service break in the second. Zverev was serving for the set but Giron broke him to make it 5-4, prompting the German player to smash his racket in frustration and pick up code violation.
  • Zverev clung on to win the second set in a tiebreak and level the match, and got another early service break in the third set to put himself in control, with his serve finally firing.

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