Daily Current Affairs December 16

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs December 16. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

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December 16| Daily Current Affairs 2022

Important Days – Daily Current Affairs December 16

1. Vijay Diwas is observed on______________?
A) December 16
B) December 12
C) December 15
D) December 14
E) None of these
Answer: A) December 16

• DAY: Vijay Diwas
• DATE: 16th December
• OTHERS: To strengthen the role of armed forces for the cause of the nation

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Banking and Finance – Daily Current Affairs December 16

2. Which payment gateway abided by RBI advisory to pause onboarding online merchants; company to give additional details?
A) Razorpay
B) AmazonPay
C) Google pay
D) PhonePe
E) None of these
Answer: A) Razorpay

• The Reserve Bank of India has asked fintech services firm Razorpay to temporarily pause onboarding new online merchants and share additional details required to obtain a “final payment aggregator/payment gateway license”. Razorpay said in a statement on Friday that it has abided by the RBI’s regulatory requirement.

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3. Who issued performance benchmarking guidelines for portfolio managers?
A) RBI
B) SBI
C) SEBI
D) IRDAI
E) None of these
Answer: C) SEBI

• Sebi came out with guidelines for portfolio managers pertaining to performance benchmarking, asking them to adopt an additional layer of broadly defined investment ”strategies” while managing the clients’ funds.
• Reviewing the requirements related to performance reporting and benchmarking by portfolio managers, the markets regulator said this is in addition to the investment approach (IA) — the documented investment philosophy — adopted by portfolio managers while managing the client funds in order to achieve investment objectives.
• The new framework, aimed at helping investors in assessing the performance of portfolio managers, would be applicable from April 1, 2023.

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4. Which of the following bank’s housing Fin opened ‘Roshni’ branches in various cities for affordable housing loans?
A) PNB
B) Axix Bank
C) ICICI Bank
D) HDFC Bank
E) None of these
Answer: A) PNB

• PNB Housing Finance on Friday said it has opened ‘Roshni’ branches in various locations, including tier II and III cities, for deepening its customer base in the affordable housing segment.
• Through its affordable home loan scheme Roshni, the city-based lender has also renewed its commitment towards the government’s Housing for All mission, it added.
• Under this initiative, PNB Housing Finance will offer retail loans to individuals in the range of Rs 5 lakh to Rs 30 lakh.

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5. Which of the following bank and HDFC Life Announce Bancassurance Tied-up?
A) AU SFB
B) Axix Bank
C) ICICI Bank
D) HDFC Bank
E) None of these
Answer: A) AU SFB

• AU Small Finance Bank, India’s leading small finance bank, and HDFC Life, one of India’s leading life insurers, today entered into a corporate agency arrangement for soliciting insurance plans of HDFC Life through the bancassurance business model.
• This partnership would enable diverse customers of AU Small Finance Bank to access the entire range of life insurance products offered by HDFC Life, thus fulfilling their need for financial protection.
• The said arrangement will aim to further enrich the Bank’s life insurance offering by enabling its customers to access the digital platform and the touch points of HDFC Life for servicing.

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6. Which of the following bank’s third lender will drag Siti Networks to bankruptcy court?
A) IDBI Bank
B) Axix Bank
C) ICICI Bank
D) HDFC Bank
E) None of these
Answer: A) IDBI Bank

• Essel Group entity Siti Networks (SNL) said IDBI Bank had filed an insolvency petition against it before the National Company Law Tribunal.
• Two other lenders – Housing Finance Development Corporation (HFDC) and IndusInd Bank – had filed petitions against the firm earlier under the Insolvency and Bankruptcy Code.

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Books and Authors – Daily Current Affairs December 16

7. Who among the following launched Rashme Oberoi’s book WICCA, the first book on rituals and spells by an Indian practitioner?
A) Shashi Tharoor
B) Dipankar Dutta
C) Virbhadra Singh
D) Prem Kumar Dhumal
E) None of these
Answer: A) Shashi Tharoor

• Om Books International is proud to announce the publication of Wicca: A Magical Journey with Spells and Rituals.
• The book’s launch event took place at Ophelia in Chanakyapuri New Delhi, as Shashi Tharoor as the chief guest.
• Apart from him, other key guests included – Salman Khurshid, Ajay Mago, Ritu Mago, Sandeep Bamzai, Dr Nidhi Kumar, Mukesh Tyagi, Neeraj Sachdeva, Ruchira Sachdeva, Pawan Ahuja, Kanika Ahuja, Ruhi Ganguly, Neelam Saxena, Kunal Kohli, Visashwar Shukla, and Sujay Ghosh among many others. ‘Rashme’s book makes compelling reading. In her writing, Rashme displays a deep knowledge of the psyche of Wicca, of healing witchcraft and of the exotic practice of spells and magical wizardry.
• The reader is led through a bewildering maze of incense-filled prose which will assail your senses as though you are physically by her altar’ – Dr Shashi Tharoor, Member of Parliament.

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Science and Technology – Daily Current Affairs December 16

8. Whose rocket rocket launched world’s first global water survey mission?
A) SpaceX
B) ISRO
C) NASA
D) European Space Agency
E) None of these
Answer: A) SpaceX

• A SpaceX rocket blasted off early on Friday carrying a U.S.-French satellite designed to conduct the first global survey of Earth’s surface waters, a mission expected to shed new light on the mechanics and consequences of climate change.
• The Falcon 9 booster owned and operated by Elon Musk’s commercial rocket company lit up the predawn sky along California’s coast as it roared off its launch pad shortly before 4 a.m. PST (1200 GMT) at the Vandenberg U.S. Space Force Base.
• The liftoff, directed by a NASA team, was shown live on a U.S. space agency webcast.
• The upper stage of the two-stage rocket was expected to reach its initial orbit about 530 miles (850 km) above Earth within minutes.

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Defence – Daily Current Affairs December 16

9. SURYA KIRAN-XVI is which edition Edition of Indo-Nepal joint training Exercise began?
A) 16th
B) 16th
C) 17th
D) 18th
E) None of these
Answer: B) 16th

• The 16th Edition of Indo-Nepal joint training Exercise “SURYA KIRAN-XVI” between India and Nepal starting at Nepal Army Battle School, Saljhandi.
• Exercise SURYA KIRAN is conducted annually between India and Nepal.
• Our correspondent reports, this exercise aims to enhance interoperability in jungle warfare and counter-terrorism operations in mountainous terrain and Humanitarian Assistance and Disaster Relief under UN mandate.

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International Affairs – Daily Current Affairs December 16

10. World’s largest freestanding cylindrical aquarium bursts in ___________?
A) Berlin
B) Nairobi
C) Denver
D) Tokyo
E) None of these
Answer: A) Berlin

• An aquarium in Berlin that was home to around 1,500 exotic fish burst early on Friday, spilling 1 million litres (264,172 gallons) of water and debris onto a major road in the busy Mitte district, emergency services said.
• Around 100 emergency responders rushed to the site, a leisure complex that also houses a Radisson hotel and a museum as well as the aquarium.

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11. Which country’s embassy organised Nepal-India Agri Meet to focus on potential of millets?
A) India
B) Mexico
C) Canada
D) Germany
E) None of these
Answer: A) India

• The Indian Embassy here has organised an India-Nepal Agri Meet cum curtain-raiser for the International Year of Millets 2023 to highlight the importance as well as the potential of the superfood in ensuring food security for the world.
• The meet organised here on Thursday in association with the Agricultural and Processed Food Products Export Development Authority (APEDA) saw participation from various institutions, including from the Indian Council for Agricultural Research (ICAR), according to a press statement issued by the Embassy of India.

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National Affairs – Daily Current Affairs December 16

12. Which of the following airport get ACI accreditation?
A) Chennai
B) Bengaluru
C) Mumbai
D) Mangaluru
E) None of these
Answer: D) Mangaluru

• Mangaluru International Airport (MIA) has received the certificate of accreditation from the Airports Council International (ACI).
• The accreditation is for level-2 of the airport customer experience accreditation programme. The certificate recognises the commitment of MIA to continue with its customer experience improvement, a release from the MIA.

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13. Punjab CM Bhagwant Mann welcomed Hockey WC 2023 Trophy in _______________?
A) Ludhiana
B) Amritsar
C) Jalandhar
D) Bathinda
E) None of these
Answer: B) Amritsar

• The Trophy Tour of the FIH Odisha Hockey Men’s World Cup 2023 Bhubaneswar – Rourkela arrived in Amritsar, Punjab from Lucknow and was welcomed by Honourable Chief Minister Bhagwant Mann at his residence, along with Hockey Punjab President Nitin Kohli and General Secretary Harpreet Singh.
• Also, it was traditionally welcomed by Harjesh Kumar, SDM, Nitin Kohli, President Hockey Punjab, Harpreet Singh General Secretary Hockey Punjab, Olympian Baljit Singh Dhillon, Joint Secretary Hockey Punjab and Surinder Singh Sodhi, 1980 Moscow Olympic Gold Medallist at the airport.

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14. Which of the following country launched ‘Group of Friends’ to promote accountability for crimes against peacekeepers?
A) India
B) Mexico
C) Canada
D) Germany
E) None of these
Answer: A) India

• India has launched a ‘Group of Friends’ to promote accountability for crimes against peacekeepers, with External Affairs Minister S Jaishankar announcing that New Delhi will soon have a database that will record all crimes against the Blue Helmets.
• India, Bangladesh, Egypt, France, Morocco and Nepal are co-chairs of the ‘Group of Friends to Promote Accountability for Crimes Against Peacekeepers’ launched during India’s current presidency of the UN Security Council.
• “UN Peacekeeping today has become more challenging than ever before. Peace operations are also being conducted in an ambiguous and complex environment,” Jaishankar said in his keynote address at the launch of the Group of Friends.

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15. MapMyHouse will organise “UpSurge” India’s exclusive event for new-age design firms in_____________?
A) Chennai
B) Bengaluru
C) Mumbai
D) Chandigarh
E) None of these
Answer: D) Chandigarh

• MapMyHouse is organising “UpSurge”, an event for New Age design firms in Chandigarh on December 17.
• This event is dedicated to architects and the interior designers of the country wherein the experts will deliberate upon varied aspects revolving around the future of architecture, architects and designers. Architecture 2050, Future of Building Materials, Firms of Tomorrow, Tech X Consultancy will be the main topics which will be covered during this event.
• The event will be attended by Dr I S Nijjar, cabinet minister for local bodies, Punjab along with various other dignitaries.

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16. Which of the following ministry operated Museum Grant Scheme (MGS) and Scheme for Promotion of Culture of Science for establishment of New Age Museums?

A) Sports Ministry
B) Culture Ministry
C) Finance Ministry
D) Jal Shakti Ministry
E) None of these
Answer: B) Culture Ministry

• Museums under Ministry of Culture are drawing attention of a good number of visitors. Ministry of Culture operates two schemes namely Museum Grant Scheme (MGS) and Scheme for Promotion of Culture of Science (SPoCS) for establishment of Museums and Science Cities/Science Centres/Innovation Hubs respectively.
• These schemes aim to provide financial assistance to State Governments, Societies, Autonomous bodies, Local Bodies, Public Sector Undertakings and Trusts registered under the Societies Registration Act, 1860 for establishment/development and create a congenial spatial setting for diverse exhibitions, galleries and visitors’ amenities, digitization, etc. in the Museums and Science Cities/Science Centres/Innovation Hubs.

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17. Atal Innovation Mission and UNDP India launched which edition of Youth Co:Lab for Young Entrepreneurs?
A) 4th
B) 5th
C) 6th
D) 7th
E) None of these
Answer: B) 5th

• The 5th edition of Youth Co:Lab, Asia Pacific’s largest youth innovation movement was jointly launched by Atal Innovation Mission (AIM), NITI Aayog and UNDP India December 15th 2022.
• The applications for this edition were launched by Dr. Chintan Vaishnav, Mission Director AIM, NITI Aayog and Mr. Dennis Curry, Deputy Resident Representative, UNDP India.

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