Weekly Current Affairs from 1st to 7th December 2020

Your guide for Weekly General Knowledge Preparation

Dear Readers,

This post contains important current affairs from 1st December 2020 to 7th December 2020. A brief explanation of every current affair is provided to further enhance your general knowledge.

Going through these on a regular basis, you get to learn of the major news events on a weekly basis.For ease of use, the news is divided into different categories. This post is all about providing you substance to deal with exams and provide in-depth coverage of important topics.

National News

1. Sahakar Pragya initiative

  • Union Minister Narendra Singh Tomar unveiled a new initiative called Sahakar Pragya which is an initiative of National Cooperative Development Corporation (NCDC).
  • Narendra Singh Tomar is the Minister of Agriculture and Farmers Welfare, Rural Development, Panchayat Raj and Food Processing Industries.
  • Aim: To help in capacity development of the cooperative sector in India, through the training programme.

2. International Sand Art Festival & Konark Festival 2020

  • The 9th edition of the International Sand Art Festival and the 31st edition of the Konark Festival has started in Odisha.

State News

1. Suryadhar Lake

  • Uttarakhand CM Trivendra Singh Rawat has inaugurated the Suryadhar lake at Doiwala, Dehradun.
  • Governor of Uttarakhand: Baby Rani Maurya.

2. Aadi Mahotsav – Madhya Pradesh

  • Minister for Tribal Affairs, Arjun Munda has launched the first-ever virtual edition of Aadi Mahotsav – Madhya Pradesh to showcase the tribal traditions of the various tribal communities.

International News

1. BAFTA Breakthrough initiative in India

  • AR Rahman has been roped in as ‘BAFTA Breakthrough’ India ambassador in India.

2. Climate Emergency in New Zealand

  • New Zealand has declared a “climate emergency” and promised to make its public sector carbon neutral by 2025.

3. Second nation to plant flag on the Moon

  • China has become the second country in the world to plant its national flag on the moon surface.
  • China has achieved the historic feat with ‘Chang’e 5’ probe Satellite.

Schemes and Committees News

1. Apex Committee for the Implementation of the Paris Agreement (AIPA)

  • India Government has set up an Apex Committee for the Implementation of the Paris Agreement (AIPA) for achieving its goals.
  • The Union Ministry of Environment, Forest and Climate Change (MoEFCC) secretary R P Gupta will be the head of this committee.

Financial News

1. Lucknow Municipal Corporation Bonds on Bombay Stock Exchange

  • Lucknow is the 9th city in India and first from UP, to have raised municipal bonds for fundraising.
  • Lucknow Municipal Corporation is the first civic body from North India to issue a bond on BSE.

2. Axis Bank Rupi Business Credit Card

  • Axis Bank Ltd in partnership with Rupifi and Visa launched ‘Axis Bank Rupifi Business Credit Card’ for MSMEs.
  • Axis Bank Headquarters: Mumbai || MD and CEO: Amitabh Chaudhry

3. LenS-The Lending Solution

  • Punjab National Bank has launched a tech-based loan management solution ‘LenS-The Lending Solution’, to speed up and maintain accuracy in online loan processing and sanctioning of credit proposals.

4. RTGS system to be available on 24×7 basis

  • RTGS system to be available on 24×7 basis from December 14
  • Real Time Gross Settlement, abbreviated as RTGS systems are specialist funds transfer systems where the transfer of money or securities takes place from one bank to any other bank on a “real-time” and on a “gross” basis.

Business News

1. New CEO of Bata

  • Bata Shoe Organization has appointed Sandeep Kataria as the new global CEO.
  • Bata Headquarters: Lausanne, Switzerland.

2. 2020 Fortune 500 list of Indian companies

    Top Three

  • 1. Reliance
  • 2. Indian Oil Corporation Ltd
  • 3. Oil and Natural Gas Corporation (ONGC)

3. Space-technology start-up “Pixxel” with ISRO

  • space-technology start-up “Pixxel”, has signed a pact with the Indian Space Research Organisation (ISRO) to launch its first remote-sensing satellite.
  • ISRO Chairman: K.Sivan || ISRO Headquarters: Bengaluru

Book Launch

1. Book ’40 Years with Abdul Kalam- Untold Stories’ by Dr A.Sivathanu Pillai

Science and Technology News

1. India’s first indigenously developed 100 Octane premium petrol

  • IOCL has launched India’s first 100 Octane Premium Petrol.
  • Indian Oil Corporation Limited Chairperson: Shrikant Madhav Vaidya || Headquarters: New Delhi.

Important Appointments

  1.  Chairperson of National Dairy Development Board (NDDB): IAS officer Varsha Joshi
  2.  Secretary-General of Lok Sabha: IAS Officer Utpal Kumar Singh
  3.  Fit India Movement Ambassador: Kuldeep Handoo

Important Days

  1.  World AIDS Day: 1 December || Theme: ‘Global solidarity, shared responsibility’.
  2.  Border Security Force (BSF) Day: 1 December
  3.  World Computer Literacy Day: 2 December
  4.  International Day for the Abolition of Slavery: 2 December
  5.  International Day of Persons with Disabilities: 3 December || Theme: ‘Not all Disabilities are Visible’.
  6.  International Day of Banks: 4 December
  7. Indian Navy Day: 04 December
  8. World Soil Day: 05 December || Theme: ‘Keep soil alive, protect soil biodiversity’
  9. International Volunteer Day: 05 December || Theme: ‘Together We Can Through Volunteering’.
  10. Armed Forces Flag Day: 7 December
  11. International Civil Aviation Day: 07 December || Theme: ‘Advancing Innovation for Global Aviation Development’.

Obituaries

  1.  The owner of MDH Masala, ‘Mahashay’ Dharampal Gulati passes away
  2.  Lakshadweep Administrator Dineshwar Sharma passes away
  3.  Father of Fibre Optics Narinder Singh Kapany passes away
  4. Veteran Bengali actor Manu Mukherjee passes away
  5. Veteran Marathi actor Ravi Patwardhan passes away

Agreements and MoUs

  1. India & USA have signed MoU on Intellectual Property Cooperation.

Award News

  1.  Best Police Station in India: Nongpok Sekmai Police Station in Manipur
  2.  Gitanjali Rao has become 1st-ever ‘Kid Of The Year’ by TIME magazine for her “astonishing work” using technology to tackle issues ranging from contaminated drinking water to opioid addiction and cyberbullying.
  3.  Global Teacher Prize 2020
  • Ranjitsinh Disale, a Government teacher from Solapur, Maharashtra, has won the 2020 Global Teacher Prize.
  • The award is for his recognition to promote girls’ education in his village and trigger a quick-response (QR) coded textbook revolution in India.

Rankings and Indexes

1. US Air Quality Index by US Environmental Protection Agency (EPA)
Top three world’s most polluted cities

  1. Lahore, Pakistan
  2. New Delhi
  3. Kathmandu, Nepal

2. Global Terrorism Index 2020

  • Global Terrorism Index (GTI) 2020, India has been ranked at 8th spot globally in the list of countries most affected by terrorism in 2019.
  • Afghanistan has topped the index as the worst terror impacted nation among the 163 countries.

Defense News & Military Exercises

1. Exercise PASSEX is being organised between Indian Navy and the Russian Federation Navy in Indian Ocean.

Sports News

1. Bahrain Grand Prix 2020

  • Winner: Lewis Hamilton (Mercedes-Great Britain)
  • Runner-up: Max Verstappen (Red Bull-Netherlands)

2. England’s Cricketer Dawid Malan

  • Dawid Malan of England has attained the highest-ever rating points (915 Points) for batsmen in the MRF Tyres ICC Men’s T20I Player Rankings.

3. New Zealand all-rounder Corey Anderson has retired from all forms of Cricket