Azure function with EventHub trigger is not executing when an event is received on EventHub

Question

Azure function with EventHub trigger is not executing when an event is received on EventHub.

Find below the function's configuration

Runtime : 3.0.15733.0 ( windows )

language: node js ~14

host.json:
{
"version": "2.0",
"logging": {
"applicationInsights": {
"samplingSettings": {
"isEnabled": true,
"excludedTypes": "Request"
}
}
},
"extensionBundle": {
"id": "Microsoft.Azure.Functions.ExtensionBundle",
"version": "[2.*, 3.0.0)"
}
}

local.settings.json:
{
"IsEncrypted": false,
"Values": {
"AzureWebJobsStorage": "",
"FUNCTIONS_WORKER_RUNTIME": "node",
"xxxxxxxxxx_RootManageSharedAccessKey_EVENTHUB": "Endpoint=sb://xxxxxxxx.servicebus.windows.net/;SharedAccessKeyName=RootManageSharedAccessKey;SharedAccessKey=/lxxxxxxxjxU=;EntityPath=hub1"
}
}

function.json:
{
"bindings": [
{
"type": "eventHubTrigger",
"name": "eventHubMessages",
"direction": "in",
"eventHubName": "hub1",
"connection": "xxxxxxxxxx_RootManageSharedAccessKey_EVENTHUB",
"cardinality": "many",
"consumerGroup": "hub1cg"
}
]
}