7th April 2021 | Daily Current Affairs 2021 for Bank Exams | Daily News | Free PDF Download ~ The Finance Magic – Stock Market | Personal Finance

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In this
post we have covered most important Current Affairs of 7th April 2021
under 300 words. Download free pdf of current affairs applicable for all bank
exams and competitive exams from our telegram channel link.

 

1.     
According to World Economic Forum’s
Global Gender Gap Report 2021, India ranked 140th out of 156 nations,
which makes it one of the worst performers in South Asia.

 

The
WEF’s report is based on four parameter which includes economic participation
and opportunity, educational attainment, health and survival, and political
empowerment.

 

Iceland
– Rank 1

Finland
– Rank 2

Norway
– Rank 3

 

2.     
The World Economic outlook report issued
by International Monetary fund, expects Indian economy to grow by 12.5% in
2021-22, a percent above from their previous 11.5% forecast.

 

The
re-evaluation was based on India’s stronger COVID recovery plans. However the
recent surge in COVID cases have raised questions on the possibility of even
attaining double digit growth in 2021-22

 

3.     
Interest Rates (April 2020)

Also Read on FinMedium:  Muhurat Trading Time 2020 & its History

 

a.     
PO Saving account: 4%

b.     
PO time deposit (1 year): 5.5%

c.      
PO recurring deposit: 5.8%

d.     
PO monthly income scheme: 6.6%

e.     
NSC VIII issue (5 years): 6.8%

f.       
Kisan Vikas Patra: 6.9%

g.      
Public Provident Fund (PPF): 7.1%

h.     
Senior Citizens Saving Scheme: 7.4%

i.       
Sukanya Samriddhi accounts: 7.6%

 

4.     
Fintech startup “Cred” raised $215
million funding from Falcon Edge Capital

Post
funding Valuation: $2.2 billion (Enters the Unicorn Club)

 

5.     
Adani Group became third Indian conglomerate
to surpass $100 bn market cap.

Only
two other Indian conglomerate have reached this milestone: Reliance Industries
and Tata Group

 

6.     
China accounts for 75% of bitcoin
blockchain operations globally (April 2020)

Bitcoin
prices have surged almost eight times in the past year.

Global
Cryptocurrency market have recently crossed $2 trillion in market cap

 

7.     
Justice Nuthalapati Venkata Ramana,
the senior most supreme court judge was appointed as the 48th Chief Justice of
India (CJI) on 6th April 2021.

Also Read on FinMedium:  Primer on Evaluating Risks in Debt Mutual Funds – The Eighty Twenty Investor

 

Former
CJI: Justice S.A. Bobde

 

8.     
Flipkart ties up with Mahindra
Logistics to fulfill its commitment of 100% electric vehicle in its logistics
fleet

Mahindra
Logistics have launched its own electric delivery brand “EDEL” in December 2020

 

9.     
Tarun Bajaj has been appointed as the Secretary
of Department of Revenue on 6th April 2020, shifting him from
Department of Economic Affairs

 

 

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daily dose of Current affairs: The Finance Magic

 

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