Current Affairs - 2018 - SPLessons

Current Affairs December 21st 2018

Home > > Tutorial
SPLessons 5 Steps, 3 Clicks
5 Steps - 3 Clicks

Current Affairs December 21st 2018

shape Introduction

Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs December 21st 2018 includes News summary on current events of International, National, Banking, Sports Appointments, Science and Quiz importance of December 21st 2018.

shape Days

International Human Solidarity Day: 20 December

Source: Cick Here

Key Highlights:

  • The United Nations’ International Human Solidarity Day is observed every year on December 20 to celebrate unity in diversity. The day reminds people on the importance of solidarity in working towards eradicating poverty.

  • Its purpose is to eradicate poverty and promote human and social development in developing countries, in particular among the poorest segments of their populations.

shape International

India fifth-most deadliest place to be a journalist, Afghanistan worst: Reporters without Borders (RSF)

Source: Cick Here

Key Highlights:

  • The annual worldwide round-up of deadly violence and abusive treatment of journalists was released by Reporters without Borders (RSF).

  • According to the report, Journalists have never before been subjected to as much violence and abusive treatment as in 2018.

  • The figure increased by eight percent to 80, and by 15 percent, in the category of number of professional journalists killed, from 55 in 2017 to 63 in 2018.

  • The numbers had been declining for the previous 3 years.

  • The number of journalists detained worldwide at the end of the year – 348 – is up from 326 at this time last year.
New Zealand to phase out plastic shopping bags from July 1,2019

Source: Cick Here

Key Highlights:

  • New Zealand government announced regulations for mandatory phase-out of single-use plastic shopping bags with effect from July 1, 2019.

  • The phase out will apply to all new plastic shopping bags with handles that are made of plastic up to 70 microns in thickness.

  • New Zealand has recently become a signatory to the New Plastics Economy Global Commitment, a global pledge to address the root causes of plastic pollution.
Cambodian Ruling Party Pledges to Subservient to No External Pressures
Key Highlights:

  • The Cambodian People’s Party (CPP) fifth-term Central Committee’s 41st Convention met from 18 to 20 December 2018 under the high presidency of Samdech Akka Moha Sena Padei Techo Hun Sen, CPP President, Samdech Akka Moha Punhea Chakrey Heng Samrin, CPP Honorary President, and members of the Central Committee Permanent Commission, according to the CPP’s communique released.

  • The Convention proceeded successfully in conformity to the pre-determined agenda, and has made important decisions.
US says H-1B visa, popular among Indians, should attract best talents

Source: Cick Here

Key Highlights:

  • he US should select the "very best" among the applicants under the H-1B visas, the Trump administration told lawmakers, asserting that it was determined to ensure that the temporary work permits, most sought by Indian IT companies, do not harm domestic workers.

  • The H1B visa, popular among Indian IT companies and professionals, is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.

shape National

NITI Aayog Released Strategy Document For New India

Source: Cick Here

Key Highlights:

  • NITI Aayog unveiled its comprehensive national Strategy for New India titled ‘Strategy for New India @75’, which defines clear objectives for 2022-23. The document was released by the Finance Minister of India Mr. Arun Jaitley.

  • The Strategy Document advocates empowering and encouraging women to participate across all sectors of the economy, to build a strong and inclusive New India.
Union Minister Nitin Gadkari inaugurated Rs 9,533 crore highway projects in Arunachal Pradesh

Source: Cick Here

Key Highlights:

  • Union Minister for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation Nitin Gadkari inaugurated and laid foundation stones for national highways projects worth Rs 9,533 crore at separate events in Roing and Ziro in Arunachal Pradesh.

  • Arunachal Pradesh Chief Minister Pema Khandu and Union Minister of State for Home Affairs Kiren Rijiju also accompanied with Union Minister Nitin Gadkari.This project will help the development of North Eastern Region of India by job creation, tourism and employment for the youth.
Conrad K Sangma launched Meghalaya Health Insurance Scheme(MHIS-IV) merging it with Ayushman Bharat scheme

Source: Cick Here

Key Highlights:

  • Chief Minister of Meghalaya Conrad K Sangma launched the Meghalaya Health Insurance Scheme(MHIS-IV) in convergence with that of the Centre’s Ayushman Bharat scheme.

  • The MHIS-IV targets to cover more than 8 lakh households offering over 2300 medical and surgical packages and up to Rs 5 lakh per family.
Karnataka Cabinet approved a grant of Rs.8,037.87 crore for development works

Source: Cick Here

Key Highlights:

  • The Karnataka State Cabinet approved a grant of Rs. 8,037.87 crore for the development works in the city under the Chief Minister’s Nava Bengaluru Scheme.

  • The funds will be released over the next three years and the works will be executed by the Bengaluru Mahanagara Palike (BBMP).
Assam Government Announces 3 Schemes For Farmer's Welfare

Source: Cick Here

Key Highlights:

  • Assam government has announced three schemes for the welfare of farmers. The schemes are the Assam Farmers’ Credit Subsidy Scheme (AFCSS), Assam Farmers’ Interest Relief Scheme (AFIRS) and Assam Farmers’ Incentive Scheme (AFIS).

  • Under AFCSS, whatever amount of loan the farmers took from banks and whatever amount they repaid, 25% of the money will be reimbursed by the state government.

  • On AFIRS, the Minister Stated that currently 3% of the 7% interest against farm loan is paid by the Central government and the remaining 4% is required to be paid by farmers. The state government has decided to pay the remaining 4% loan.

  • About AFIS, Mr. Sarma stated that the government is focusing on bringing back the defaulting farmers into the banking system.
Surrogacy Bill Passed In Lok Sabha

Source: Cick Here

Key Highlights:

  • Lok Sabha has passed the Surrogacy (Regulation) Bill, 2016 which is aimed at prohibiting commercial surrogacy and unethical practices relating to it. The Bill has provisions to constitute National Surrogacy Board, State Surrogacy Boards, and appointment of appropriate authorities for regulation of surrogacy.

  • It permits surrogacy only for couples who cannot conceive a child. The intending couple must be Indian citizens and married for at least five years with at least one of them being infertile. The surrogate mother has to be a close relative who has been married and has a child of her own.

shape Banking

Four banks can exit the PCA

Source: Cick Here

Key Highlights:

  • Four public sector banks under the RBI's Quick Improvement Work (PCA) framework can exit PCA sanctions after better performance.

  • These four public sector banks are Bank of Maharashtra, Corporation Bank, Allahabad Bank and Bank of India.

  • This is explained after reviewing the performance of all the 11 banks under PCA framework.
US Federal Reserve raises key interest rate

Source: Cick Here

Key Highlights:

  • US Federal Reserve System increased interest rates.

  • This rate increase increased the Fed's benchmark overnight by one quarter from one percentage point to 2.25% to 2.50%.

  • This means the cost of borrowing will increase for many consumers and businesses.

  • Jerome Powell is the President of the US Federal Reserve System.
RBI limits total outstanding ECBs to 6.5 pc of GDP

Source: Cick Here

Key Highlights:

  • The Reserve Bank of India(RBI) in consultation with the government of India had decided to have “rule-based dynamic limit” for total Outstanding External Commercial Borrowings(ECBs) to 6.5 Pc of GDP.

  • The limit in ECBs was announced based on the gross domestic product (GDP) figures.The soft limit works out to $160 billion during March end for the current financial year while it decreased to $126.29 billion, on September 30,2018.

  • This comes in the backdrop of RBI’s Previous month decision of extant ECB provisions, reducing the mandatory hedge coverage from 100 per cent to 70 per cent.
IRDAI fines Iffco Tokio, Royal Sundaram Rs 5 lakh each
Key Highlights:

  • The Insurance Regulatory and Development Authority of India (IRDAI) has imposed fine of Rs 5 lakh each on Iffco Tokio General Insurance and Royal Sundaram General Insurance for violating motor tariff claims and file & use guidelines.

  • IRDI also informed the companies violated File & Use guidelines and circulars issued by it from time to time advising insurers that they shall continue to use the coverage, terms & conditions, wordings, warranties, clauses and endorsements of the erstwhile tariff of classes of insurance covers until further orders.

shape Sports

WV Raman appointed India women’s cricket team coach

Source: Cick Here

Key Highlights:

  • Former India opener WV Raman has been appointed the new coach of the Indian women’s cricket team. He played 11 Tests and 27 ODIs.

  • Raman is an experienced coach includes of Tamil Nadu team, Bengal Ranji Trophy team and India U-19 team .He had beaten South Africa’s Gary Kirsten and India’s Venkatesh Prasad for the position of India’s women’s cricket coach.
Kabaddi Player Anup Kumar Announces His Retirement

Source: Cick Here

Key Highlights:

  • Renowned Kabaddi Player, Anup Kumar announced his retirement from Kabaddi ending a 15-year iconic career. The 35-year-old had led India to a memorable Kabaddi World Cup title triumph in 2016.

  • A sports veteran, Arjuna awardee Anup began his international career in 2006 at the South Asian Games in Sri Lanka.

shape Appointments

Harsh was appointed Indian ambassador to US

Source: Cick Here

Key Highlights:

  • The Government of India appointed Harsh Vardhan Shringla as the next Ambassador of India to the United States on December 20, 2018.

  • 1984-batch Indian Foreign Service diplomat Harshvardhan will succeed Shringla Navtej Sarna's successor Currently, he is employed as the Indian High Commissioner of Bangladesh.

  • Senior diplomat Riva Ganguly Das has been appointed as the new High Commissioner of Bangladesh.
PK Das will take over as President of CBIC

Source: Cick Here

Key Highlights:

  • From January 1, 2019, the Government of India appointed Pranav Kumar Das as the Chairman of the CBIC.

  • He will take over from the current chairman S. Ramesh, who retires on December 31, 2018.

  • The Central Indirect Tax Board and the Customs Board (CBIC) are the main indirect tax policy under the Ministry of Finance.

  • The CBIC consists of six members and is headed by a president.
Arti Chhabra Srivastava has been appointed as the first full time CVO in SEBI

Source: Cick Here

Key Highlights:

  • SEBI, which has been in existence for over three decades, will now have its first full-time Chief Vigilance Officer (CVO).
  • The Prime Minister’s Office (PMO) recently cleared the name of Arti Chhabra Srivastava, a 1990-batch Indian Ordinance Factory Services officer, as SEBI CVO. The appointment was duly approved by the Central Vigilance Commission (CVC).

  • CVOs are considered an extended hand of the CVC, which is tasked with detecting graft by officials holding public office.

shape Science

Gas 2019: Mobile app for global aviation summit launched by Ministry of Aviation and AAI

Source: Cick Here

Key Highlights:

  • The Civil aviation ministry along with the Airport Authority of India (AAI) launched an app named ‘GAS 2019’.

  • This app will enable users to interact with the co-delegates and speakers besides providing a platform for networking through personal and group chats.

  • This was launched ahead of the global aviation summit to be held in Mumbai in January 2019.

shape Quiz

Q1. Which Department released the States’ Start-up Ranking 2018?
    A. Department of Industrial Policy and Promotion B. Department of Economic Affairs C. Department of Revenue D. Department of Taxation Answer: A

Q2. Which state was ranked as the "Best Performer" in the States’ Start-up Ranking 2018?
    A. Rajasthan B. Gujarat C. Karnataka D. Kerala Answer:B

Q3. Which organisation released the SDG India Index 2018?
    A. United Nations B. WHO C. NITI Aayog D. World Bank Answer: C

Q4. Which Union Territory was ranked as the ‘Top Performer’ in the SDG India Index 2018
    A. Delhi B. Dadra & Nagar Haveli C. Goa D. Chandigarh Answer: D

Q5. Which Indian film was shortlisted for the 91st Oscar in the Documentary Short Subject category?
    A. Period. End of Sentence B. Pihu C. The School Bag D. Mulk Answer: A

Q6. Who was appointed as the new head coach of Indian national women’s cricket team on December 20, 2018?
    A. Gary Kirsten B. WV Raman C. Venkatesh Prasad D. Ravi Shastri Answer: B

Q7. Who recently resigned from his post of Defence Secretary of the United States?
    A. Mike Pompeo B. John F Kelly C. Jim Mattis D. Dan Coats Answer: C

Q8. Which state’s government approved the release of Chah Bahgicha Dhan Puraskar Mela?
    A. Bihar B. Assam C. West Bengal D. Tripura Answer: B

Q9. Who laid the foundation stone for several national highway projects worth Rs 28000 crore in Arunachal Pradesh?
    A. Nitin Gadkari B. Rajnath Singh C. Narendra Modi D. M Venkaiah Naidu Answer: A

Q10. Which nation has fined Uber 400000 euros over huge data breach?
    A. Germany B. UK C. US D. France Answer: D

Q11. President’s rule is set to be imposed on which state, based on union cabinet’s ruling and the governor’s report, after a gap of 22 years?
    A. Arunachal Pradesh B. Jammu and Kashmir C. Rajasthan D. Gujarat Answer: B

Q12. Meghalaya has launched Meghalaya Health Insurance Scheme (MHIS-IV) in convergence with Centre’s Ayushman Bharat scheme. MHIS-IV aims to cover over 8 lakh households offering over 2300 medical and surgical packages and up to ____ rupees per family, from February 1, 2019?
    A. Rs 5 lakh B. Rs 2 lakh C. Rs 3 lakh D. Rs 4 lakh Answer: A

Q13. National Association of Software and Services Companies (NASSCOM) partnered with which institute to provide re-skilling/upskilling of 4 million people on digital skills through its FutureSkills Platform, on 16th December 2018?
    A. Indian Institute of Technology (IIT), Madras B. Indian Institute of Sciences (IISc), Bengaluru C. National Institute of Technology, Jalandhar D. Indian Institute of Management (IIM), Kozhikode Answer: A

Q14. Name the state that ranked as Best Performer in the first ever States Start-up Ranking 2018 released by Department of Industrial Policy and Promotion (DIPP) at an event in New Delhi, on 20th December 2018?
    A. Maharashtra B. Madhya Pradesh C. Gujarat D. Rajasthan Answer: C

Q15. Maharashtra government approved a sum of _____ rupees for the Tembhu lift irrigation scheme in Tembhu village of Satara district, on 20th December 2018?
    A. Rs 3280 crore B. Rs 4,089 crore C. Rs 5677 crore D. Rs 6788 crore Answer: B

Q16. 10 monuments were adopted under the ‘Adopt A Heritage: Apni Dharohar, Apni Pehchaan’ scheme, on 17thDecember 2018. The Red Fort in Delhi was adopted by which organisation?
    A. Dalmia Bharat Ltd. B. Apeejay Park Hotels C. Adventures Tour Operators Association of India D. Yatra Online Answer: A

Q17. How many monuments have been identified as “Adarsh Smarak” for upgradation of existing facilities/amenities by Archaeological Survey of India?
    A. 50 B. 125 C. 100 D. 60 Answer: C

Q18. Union Minister Nitin Gadkari laid the foundation for 472 km of national highways costing _____ rupees in Ziro, Arunachal Pradesh, on 20th December 2018?
    A. Rs 5583.92 crore B. Rs 4567.78 crore C. Rs 2377.56 crore D. Rs 6783.23 crore Answer: A

Q19. Which state government has approved the release of second instalment of the Chah Bagicha (tea estate) Dhan Puraskar Mela, as per which beneficiaries will receive Rs 2,500 by 15th of January 2019?
    A. Kerala B. Assam C. Arunachal Pradesh D. Bihar Answer: B

Q20. ‘Strategy for New India @75’ launched by NITI Aayog, defining clear objectives for 2022-23, aims to establish a New India by _____ and to propel India towards a USD 5 trillion economy by _____?
    A. 2022, 2030 B. 2020, 2025 C. 2025, 2030 D. 2023, 2025 Answer: A

Q21. ‘Strategy for New India @75’, the national Strategy for New India released by NITI Aayog, aims to achieve a GDP growth rate of what percent on average during 2018-23?
    A. 9 % B. 8.5 % C. 8 % D. 7.5 % Answer: C

Q22. ‘Strategy for New India @75’, the national Strategy for New India released by NITI Aayog, aims to complete Bharat Net programme in which year and to complete all 2.5 lakh gram panchayats digitally?
    A. 2019 B. 2020 C. 2021 D. 2022 Answer: A

Q23. ‘Strategy for New India @75’, the national Strategy for New India released by NITI Aayog, aims to increase gross enrolment ratio in higher education from 25% in 2016-17 to _____ in 2022-23?
    A. 50 % B. 45 % C. 60 % D. 35 % Answer: D

Q24. What is the name of the new autonomous body that has been recommended by NITI Aayog’s ‘Strategy for New India @75’, to make the arbitration process cost effective and speedy, and to pre-empt the need for court intervention?
    A. Arbitration Court of India B. Arbitration Council of India C. Arbitration Committee of India D. Arbitration Panel of India Answer: B

Q25. India is the _____ most deadliest place to be a journalist, as per the annual worldwide round-up of deadly violence and abusive treatment of journalists released by Reporters without Borders (RSF), on 20th December 2018?
    A. Third B. Sixth C. Fifth D. Second Answer: C

Q26. United States of America (USA) withdrew from the 1987 Intermediate-Range Nuclear Forces (INF) Treaty with which country on December 19, 2018?
    A. Germany B. France C. Russia D. Italy Answer: C

Q27. Name the country that has announced regulations for mandatory phase-out of single-use plastic shopping bags with effect from July 1, 2019?
    A. Australia B. France C. China D. New Zealand Answer: D

Q28. Insurance Regulatory and Development Authority of India (IRDAI) imposed a fine of ______ rupees each on Iffco Tokio General Insurance and Royal Sundaram General Insurance for violating motor tariff claims and file & use guidelines, on 20th December 2018?
    A. Rs 2 lakh B. Rs 3 lakh C. Rs 4 lakh D. Rs 5 lakh Answer: D

Q29., online marketplace for financial products, partnered with which bank to offer the bank’s home loan product to customers on the Paisabazaar platform, on 20th December 2018?
    A. Canara Bank B. Federal Bank C. Karnataka Bank D. DBS Bank Answer: C

Q30. Reserve Bank of India (RBI) in consultation with the government of India has decided to have “rule-based dynamic limit” for total Outstanding External Commercial Borrowings (ECBs) to ____ Pc of GDP?
    A. 6.5 B. 7.2 C. 5.7 D. 8.2 Answer: A

Q31. India’s International Aviation Safety Assessment (IASA) rating remains in which category, as per the US regulator Federation of Aviation Administration (FAA)?
    A. Category 2 B. Category 1 C. Category 3 D. Category 4 Answer: B

Q32. Who was appointed the next Ambassador of India to the United States, on 20th December 2018?
    A. Harsh Vardhan Shringla B. Riva Ganguly Das C. Ajay Bisaria D. Ram Naik Answer: A

Q33. Name the person who has been appointed the chief financial officer (CFO) of Infosys, with effect from March 1, 2019?
    A. Nilanjan Roy B. Anu Chhabra C. Vikranth Sharma D. Ishita Sen Answer: A

Q34. Scientists of which country have found evidence of water on 17 asteroids for the first time using data from the infrared satellite Akari?
    A. China B. United States of America C. France D. Japan Answer: D

Q35. Name National Aeronautics and Space Administration (NASA)’s first flight to moon that marked its 50th anniversary on 21st December 2018?
    A. Apollo 1 B. Apollo 8 C. Colombia 2 D. Colombia 11 Answer: B

Q36. Which state government provided 80 fishing boat groups with 200 ISRO developed satellite, NavIC (Navigation with Indian Constellation), enabled communication devices free of cost, on 17th December 2018?
    A. Kerala B. Odisha C. Gujarat D. Tamil Nadu Answer: D

Q37. Indian Navy inducted the ship named _____, the fifth ship of Landing Craft Utility (LCU) Mk-IV class, on 19th December 2018?
    A. IN LCU L55 B. IN LCU B12 C. IN LCU S11 D. IN LCU TH2 Answer: A

Q38. Name the app launched by the Civil aviation ministry and Airport Authority of India (AAI) ahead of Global Aviation Summit to be held on January 15-16, 2019 at Mumbai?
    A. AAV 2019 B. GAS 2019 C. AIR 2k19 D. FLY 2k19 Answer: B

Q39. Anup Kumar announced his retirement from which sport on 19th December 2018?
    A. Cricket B. Football C. Hockey D. Kabaddi Answer: D
CA - Related Information
Click Here For – Current Affairs December 20th 2018