Daily Current Affairs December 26

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 26. 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.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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December 26| Daily Current Affairs 2022

Sports – Daily Current Affairs December 26

1. Cricket Australia renamed Test Player of the Year award in honour of ___________?
A) Shane Warne
B) Brett Lee
C) Matthew Hayden
D) Michael Hussey
E) None of these
Answer: A) Shane Warne

• Australia’s men’s Test Player of the Year award has been renamed to honour legendary spinner Shane Warne, the country’s cricket board announced, December 26, 2022.
• The Shane Warne Men’s Test Player of the Year award will be presented annually at the Australian Cricket Awards.

Ranking – Daily Current Affairs December 26

2. India will rise to which spot on the World Economic League Table by 2037 from 5th in 2022?
A) 1st
B) 2nd
C) 3rd
D) 4th
E) None of these
Answer: C) 3rd

• The Centre for Economics and Business Research (Cebr) said that India’s growth trajectory will see the country rise from fifth place on the World Economic League Table in 2022 to third in the global rankings by 2037.
• The said in its annual World Economic League Table 2023 that over the next five years, the annual rate of GDP growth is expected to average 6.4 per cent, after which growth is expected to average 6.5 per cent in the subsequent nine years.
• This growth trajectory will see India rise from fifth place on the World Economic League Table in 2022 to third in the global rankings by 2037, the consultancy said in the report released.

Banking and Finance – Daily Current Affairs December 26

3. Who ordered attachment of bank, demat accounts of Sahara group firm, Subrata Roy?
A) SEBI
B) IRDAI
C) SIDBI
D) RBI
E) None of these
Answer: A) SEBI

• Sebi ordered the attachment of bank and demat accounts of Sahara Group firm, its chief Subrata Roy and others to recover Rs 6.42 crore for violating regulatory norms in the issuance of optionally fully convertible debentures (OFCDs).
• The recovery proceedings against five entities — Sahara India Real Estate Corporation (now known as Sahara Commodity Services Corporation), Subrata Roy, Ashok Roy Choudhary, Ravi Shanker Dubey and Vandana Bharrgava — for Rs 6.42 crore, includes interest, all costs, charges and expenses, the Securities and Exchange Board of India (Sebi) said in the attachment order.

4. LIC Housing Finance raised lending rates by ______ basis points (bps), cites market conditions?
A) 35 basis points
B) 45 basis points
C) 55 basis points
D) 65 basis points
E) None of these
Answer: A) 35 basis points

• Mortgage lender LIC Housing Finance has revised its home loan rates upwards by 35 basis points (bps), effective from December 26.
• The new rates start from 8.65 per cent, said the company in a statement.
• LIC Housing’s announcement comes after the six-member monetary policy committee of the Reserve Bank of India (RBI) raised the benchmark policy rate—the repo rate—by 35 bps earlier this month.
• “The increase in rates is in tune with the market conditions.
• As far as the real estate sector is concerned, there is good sustenance in the home buying activity,” said Y Viswanatha Gowd, managing director and chief executive officer of LIC Housing Finance.

5. BoB had hiked interest rates on its retail term deposits up to ______ basis points (bps) across various tenors?
A) 55 basis points
B) 65 basis points
C) 75 basis points
D) 85 basis points
E) None of these
Answer: B) 65 basis points

• Even as competition to garner deposits is intensifying into a tight liquidity and high credit growth scenario, Bank of Baroda (BoB) has hiked deposit rates for the second time in the current quarter.
• Also, private lender IDBI Bank has come out with a limited period offer on its term deposits.
• It is offering 7.6 per cent interest rate for a tenor of 700 days, effective from December 2022.
• BoB has hiked interest rates on its retail term deposits, including NRO and NRE deposits, by up to 65 basis points (bps) across various tenors, effective immediately.

6. Which of the following bank’s Green Ride campaign will promote eco-friendly transportation?
A) Bank of Baroda
B) Axix Bank
C) ICICI Bank
D) HDFC Bank
E) None of these
Answer: A) Bank of Baroda

• Actor and fitness enthusiast Milind Soman said that development without clean environment was futile and underlined the importance of sustainable transportation.
• He was speaking at Bank of Baroda’s ‘’Green Ride: Towards a Clean Environment’’ campaign in the city.
• The campaign entailed Milind Soman cycling and riding electric scooters to cover about 1,400 km from Mumbai.
• He has covered various parts of the State and was in Mysuru en route Mangaluru where the campaign terminates.

7. RBI’s revised bank locker rules to come into effect from ______________?
A) Jan 2023
B) Feb 2023
C) Mar 2023
D) Apr 2023
E) None of these
Answer: A) Jan 2023

• The Reserve Bank of India (RBI) has mandated banks in the country to renew their locker agreements with existing locker customers by Ist January.
• All the existing locker depositors are required to furnish proof of eligibility for a renewed locker arrangement.
• They are required to sign a renewal agreement before the specified date.
• RBI advises the banks to install CCTV camera at entry and exit points of the strong room and the common areas of operation.
• It mandates to preserve its recording for a period of not less than 180 days.
• RBI has also instructed banks to ensure that any “unfair terms or conditions” are not covered in their locker agreements.

International Affairs – Daily Current Affairs December 26

8. Mikey Hothi becomes first Sikh city mayor in ____________?
A) Mexico
B) Brussels
C) California
D) Bulgaria
E) None of these
Answer: C) California

• Mikey Hothi, whose parents are from India, has been unanimously elected as the mayor of Lodi city in northern California, becoming the first Sikh to hold the top position in the city’s history.
• Hothi was nominated by newly-elected councilwoman Lisa Craig, who won election to mayor Mark Chandler’s seat in November and was unanimously selected vice mayor during meeting.

National Affairs – Daily Current Affairs December 26

9. Which of the following state Dharmadam became first complete library constituency in India?
A) Kerala
B) Tamil Nadu
C) Karnataka
D) Maharastra
E) None of these
Answer: A) Kerala

• Dharmadam, Kerala Chief Minister Pinarayi Vijayan’s constituency has achieved the position of complete library constituency in India, the first in India.
• In his Facebook post, Vijayan said that out of the total 138 wards in the constituency, there were no libraries in 63 wards.
• Dharmadam reached the achievement with the opening of libraries in these wards too.
  “Complete librarianisation was made possible with the support of all sections of the people of the constituency.
• The People’s Mission for Social Development, a people’s organization, has taken up the work of establishing libraries and expanding the existing ones in Dharmadam constituency,” he wrote.
• Mentioning that libraries and public spaces have a unique place in social progress, the Chief Minister said that this is why people have gone ahead with the activities of establishing libraries in every ward.

10. Which of the following state govt launched mobile common service centre for benefit of people in interior areas?
A) Tripura
B) J&K
C) Assam
D) Mizoram
E) None of these
Answer: A) Tripura

• The IT department of the Government of Tripura launched ‘Mobile Common Service Centre ‘ to provide services to Panchayat and interior areas where internet access is rarely available.
• Deputy Chief Minister of Tripura Jishnu Dev Verma, Director of IT department, Naresh Babu, Transport Minister Pranjit Singha Roy, Cultural Affairs Minister Sushant Chaudhary & Mayor of AMC were present at this event.
• Deputy CM Jishnu Dev Verma has flagged off 27 Vehicles today for the initial phase of the innovation.
• He said, “The Mobile Common Service centre is set up or installed in the Mobile Vehicle which is reachable & accessible to all & every family.”
• All families should feel that Govt works for all regardless of barriers.
• As a part of this service, Computer, Printer and all accessories are available to help the people of micro interiors who fail to avail important government documents or Certificates for residing in interiors.

11. Who among the following will be inaugurated MIDHANI’s wide plate mill in Hyderabad?
A) Narendra Modi
B) Jitendra Singh
C) Rajnath Singh
D) Droupadi Murmu
E) None of these
Answer: D) Droupadi Murmu

• President Droupadi Murmu will inaugurate a wide plate mill of state-owned special steel manufacturer MIDHANI in Hyderabad.
• In a regulatory filing, Mishra Dhatu Nigam Limited (MIDHANI) said the plate mill was installed at its existing facility in Hyderabad at an investment of around Rs 500 crore for rolling of slabs of various alloys.
• “The wide plate mill will be inaugurated by President of India, Droupadi Murmu on December 27, 2022, in the presence of eminent dignitaries and distinguished guests,” the filing said.

12. Centre’s ‘Smart City Mission’ projects likely will be completed in ____________?
A) 2023
B) 2024
C) 2025
D) 2026
E) None of these
Answer: A) 2023

• The year ahead is likely to see the completion of the Centre’s flagship urban transformation scheme ‘Smart City Mission’, which ensures that people gain access to core infrastructure, a clean and sustainable environment, and a decent quality of life through the application of smart solutions.
• The government launched the Smart Cities Mission (SCM) on June 25, 2015.
• 100 Smart Cities were selected through four rounds of competition from January 2016 to June 2018.
• Uttar Pradesh tops with a maximum 13 of smart cities, Tamil Nadu has 12, and Maharashtra, 10.
• The period of implementation of the SCM has been extended upto June 2023 and all Smart Cities are expected to complete their projects within the stipulated time.

13. Who among the following inaugurated photo exhibition, attends Bhajan Sandhya on birth anniversary of former PM Atal Bihari Vajpayee?
A) Narendra Modi
B) Jitendra Singh
C) Rajnath Singh
D) Droupadi Murmu
E) None of these
Answer: D) Droupadi Murmu

• President Droupadi Murmu inaugurated a photo exhibition and attended Bhajan Sandhya on the birth anniversary of former Prime Minister Atal Bihari Vajpayee at Dr Ambedkar International Centre in New Delhi.
• Lok Sabha Speaker Om Birla and other dignitaries were present on the occasion.

14. Which of the following state celebrated 161st Birth Anniversary of Bharat Ratna Mahamana Madan Mohan Malviya in Kathmandu?
A) Nepal
B) J&K
C) Assam
D) Mizoram
E) None of these
Answer: A) Nepal

• Nepal celebrates 161st Birth Anniversary of Bharat Ratna Mahamana Madan Mohan Malviya in Green House in Kathmandu.
• Vice-President of Nepal Nanda Bahadur Pun Pasang Pandit graced the occasion as chief guest of the program organised by Mahamana Malviya Mission, Nepal.
• In the program there was talk on shrimad Bhagwad Geeta and Malviya Thought in a Context.
• Madan Mohan Malaviya was born on 25th December,1861 in Allahabad.

15. Who among the following inaugurated ‘PRASAD’ project to create a slew of facilities at Srisailam?
A) Narendra Modi
B) Jitendra Singh
C) Rajnath Singh
D) Droupadi Murmu
E) None of these
Answer: D) Droupadi Murmu

• President of India Droupadi Murmu inaugurated ‘PRASAD’ project at the tourism facilitation centre in the pilgrim town of Srisailam in Andhra Pradesh.
• She was accompanied by Telangana Governor Tamilisai Soundararajan
• The hill town will get a pilgrim complex, amenities centres at Hatakeswaram and Sikhareswaram, renovation of the Pushkarini, aesthetic illumination at the temple, laying of Krishnaveni Road from bus station to Pathalaganga, an amphitheatre, sound and light show, digital intervention, parking areas, a toilet complex, souvenir shops, food courts, ATM and banking services with a total outlay of ₹48.03 crore under the Pilgrimage Rejuvenation and Spiritual, Heritage Augmentation Drive (PRASAD).

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