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. 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.

December – 04 | Daily Current Affairs 2020

IMPORTANT DAYS

1. Indian Navy day is observed on which date?
A) December 2
B) December 5
C) December 4
D) December 3
Answer: C) December 4
Theme for 2020 is, “Indian Navy Combat Ready, Credible & Cohesive”.
Navy Day:

• Navy Day in India is celebrated on 4 December every year to recognize the achievements and role of the Indian Navy to the country.
• 4 December was chosen as on that day in 1971, during Operation Trident, the Indian Navy sank four Pakistani vessels including PNS Khaibar, killing hundreds of Pakistani Navy personnel.
• On this day, those killed in the Indo-Pakistan War of 1971 are also remembered
  The Navy plans to celebrate 2021 as ‘Swarnim Vijay Varsh’ as part of commemorating the 50th anniversary of the victory in the 1971 War.

OBITUARY

2. Mir Zafarullah Khan Jamali passed away. He was former Prime Minister of which country?
A) Pakistan
B) China
C) Iran
D) UAE
Answer: A) Pakistan

• Former Pakistan Prime Minister Mir Zafarullah Khan Jamali died on Wednesday at a hospital in Rawalpindi.
• Jamali served as the prime minister from November 2002 until June 2004.
• Zafarullah Jamali- Former Pakistan PM.

Pakistan:
Capital : Islamabad
Currency : Rupee

3. Valery Giscard d’Estaing passed away. He was President of which country?
A) France
B) Belgium
C) Iran
D) UAE
Answer: A) France

• Former President Valery Giscard d’Estaing, who championed European integration and helped modernise French society in the 1970s, has died at the age of 94 after contracting COVID-19.
• Giscard was elected president in 1974 at the age of 48 to become France’s youngest postwar leader.
• Giscard d’Estaing – Former French President.

France:
Capital : Paris
Currency : Euro

4. Novelist Alison Lurie passed away. He won which award?
A) International Botev Prize
B) Pulitzer Prize
C) Neustadt International Prize
D) Nobel Prize
Answer: B) Pulitzer Prize

• Alison Lurie, the Pulitzer Prize(1985) winning novelist whose satirical and cerebral tales of love and academia included the marital saga “The War Between the Tates” and the comedy of Americans abroad “Foreign Affairs,” died.
• Her first book, “Love and Friendship,” centered on a professor’s wife in New England who has an intense affair with a school musician.
• Her last published book, the literary essay collection “Words and Worlds,” was released in 2019.

Alison Lurie – Pulitzer Prize-winning novelist.

BANKING AND FINANCE

5. Which stock exchange launched its first agricultural commodity futures contract on crude degummed soybean oil?
A) BSE
B) NSE
C) New York Stock Exchange
D) NASDAQ
Answer: B) NSE
NSE – First agricultural commodity futures contract CDSO.

6. The Asian Development Bank has approved how much amount loan to support the Government of Sri Lanka in transforming its secondary education system to align with the demand for highly skilled and agile workers?
A) $200 million
B) $300 million
C) $400 million
D) $100 million
Answer: C) $400 million
ADB + Sri Lanka = $400mn loan for restructuring secondary education.
Asian Development Bank:
Hq: Manila, Philippines
Head : Masatsugu Asakawa
Sri Lanka:
Capital : Sri Jayawardenepura Kota
Currency : Rupee

7. Mercedes-Benz partnered with which bank for car finance at ‘attractive’ interest rate besides many other benefits?
A) State Bank of India
B) Bank of Baroda
C) Indian Bank
D) Indian Overseas Bank
Answer: A)State Bank of India
Mercedes Benz + SBI = Car finance.
State Bank of India:
Capital : Mumbai, Maharashtra
Head : Dinesh Kumar Khara
Tagline : With You all the way, Pure Banking Nothing Else,
The Nation Bank on Us, The Banker to Every Indian, A Bank of the Common Man

8. The Monetary Policy Committee (MPC) of the Reserve Bank of India decided to keep repo rate unchanged at 4 per cent. CRR is related under under which section of RBI Act, 1934?
A) Section 41(1)
B) Section 44(1)
C) Section 43(1)
D) Section 42(1)
Answer: D) Section 42(1)

• The central bank has projected the GDP growth for Q3 at +0.1 per cent and +0.7 per cent for Q4.
• The Reserve Bank of India (RBI) revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent.
• RBI projects 6.8 per cent retail inflation in December quarter.

The Monetary Policy Committee:

Reserve Bank of India:
Headquarters– Mumbai, Maharashtra
Governor– Shaktikanta Das
Deputy Governors– 4 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra, M. Rajeshwar Rao)

APPOINTMENTS

9. Uday Shankar is appointed as President of FICCI for the year 2020-21 replaced whom?
A) Anita Reddy
B) Subha Reddy
C) Sangita Reddy
D) Kalpana Reddy
Answer: C) Sangita Reddy
Uday Shankar – President of FICCI for the year 2020-21 – Replaced Sangita Reddy.

AWARDS

10. Who won TIME magazine’s first-ever ‘Kid of the Year’?
A) Anitha Rao
B) Gitanjali Rao
C) Geetha Rao
D) Saranya Rao
Answer: B) Gitanjali Rao
Gitanjali Rao was named ‘Kid of the Year’ for “astonishing work using technology to tackle issues ranging from contaminated drinking water to opioid addiction and cyberbullying.”
Gitanjali Rao – TIME magazine’s first-ever ‘Kid of the Year’.

11. Which company has won the Business Culture Awards 2020 for ‘Best International Initiative for Business Culture’?
A) UST Global
B) JSW Steel
C) GAIL
D) Grasim Industries
Answer: A) UST Global
UST Global – Business Culture Awards 2020

SCIENCE AND TECHNOLOGY

12. Department of Space enters into pact with which Cosmos for launch vehicle development program?
A) Skydrive
B) Agnikul
C) Skyroot
D) Vesta
Answer: B) Agnikul
Department of Space entered into a Non-Disclosure Agreement (NDA) with Agnikul Cosmos Pvt. Ltd, a Chennai based start-up located in the National Centre for combustion R&D, IIT Madras, which builds small private satellite launch vehicle.
Department of Space + Agnikul Cosmos = launch vehicle development program.

13. Which space startup has signed an agreement with NewSpace India Limited (NSIL) to launch the country’s first private remote-sensing satellite on an ISRO PSLV rocket in early 2021?
A) Blue Origin
B) Pixxel
C) SpaceX
D) Boeing
Answer: B) Pixxel

• Space start-up Pixxel has signed an agreement with State-run NewSpace India Limited (NSIL) to launch the country’s first private remote-sensing satellite on an ISRO PSLV rocket in early 2021.
• The agreement is one of its kind after the establishment of IN-SPACe, the authorization and regulatory body under the Department of Space for enabling private players to undertake space activities in India.
• Pixxel has announced plans to make and launch a constellation of 30 satellites between December 2022 to June 2023.
• The company has also signed an agreement with in-space satellite transportation and infrastructure company Momentus Inc for launching its second satellite in 2021, with an option to fly again in 2022.

Pixxel + NSIL = Launch India’s first private remote-sensing satellite.

INTERNATIONAL AFFAIRS

14. The U.S. Agency for International Development (USAID) and the IKEA Foundation announced a joint how much amount commitment to Aceli Africa, an innovative program that incentivizes banks to lend to agribusinesses?
A) $20 million
B) $10 million
C) $30 million
D) $40 million
Answer: C) $30 million

• The U.S. Agency for International Development (USAID), the Swiss Agency for Development and Cooperation, and the IKEA Foundation announced a joint $30 million commitment to Aceli Africa, an innovative program that incentivizes banks to lend to agribusinesses.
• This commitment will unlock an additional $700 million by 2025 for 750 agribusinesses in the United Republic of Tanzania and the Republics of Kenya, Rwanda, and Uganda.

USAID = offer $30 aid to support agricultural production in Africa.

15. The Indian Navy (IN) is undertaking a Passage Exercise (PASSEX) with which navy in the Eastern Indian Ocean Region (IOR)?
A) Russia
B) UK
C) China
D) Japan
Answer: A) Russia

• The Indian Navy (IN) is undertaking a Passage Exercise (PASSEX) with Russian Federation Navy (RuFN) in the Eastern Indian Ocean Region (IOR) from 4 to 5 December 2020.
• The exercise involves participation of RuFN guided missile cruiser Varyag, large anti-submarine ship AdmiralPanteleyev and medium ocean tanker Pechenga. INis being represented by indigenously constructed guided missile frigate Shivalik and anti-submarine corvetteKadmatt along with integral helicopters.

India + Russia = Passage Exercise (PASSEX) in Eastern Indian Ocean Region.
Russia:
Capital :Moscow
Currency : Russian Ruble

NATIONAL AFFAIRS

16. Who will be delivering a keynote address at the IIT-2020 Global Summit, organised by PanIIT USA?
A) Narendra Modi
B) Ram Nath Kovind
C) Amit Shah
D) Nirmala Sitharaman
Answer: A) Narendra Modi

• Prime Minister Narendra Modi will be delivering a keynote address at the IIT-2020 Global Summit, organised by PanIIT USA.
• The theme of this year’s summit is ‘The Future is Now’.

PanIIT USA:

• PanIIT USA is an organization that is more than 20 years old. Since 2003 PanIIT USA has organised this conference and invited speakers from different sectors including industry, academia, and government.
• PanIIT USA is run by an all-volunteer team of IIT alumni.

Narendra Modi – deliver keynote address at IIT 2020 Global Summit.

17. Union minister Nitin Gadkari inaugurated and lay foundation stone for Rs 4,127-crore highway projects in which state?
A) Nagaland
B) Uttar Pradesh
C) Andhra Pradesh
D) Manipur
Answer: A) Nagaland

• Union Minister for Road Transport and Highways Nitin Gadkari will virtually inaugurate/lay foundation stone of 15 NH (national highway) projects having 270 km worth Rs 4,127 crore.
• The projects include providing alternate access to Imphal to Dimapur and connect Kohima to the Phek district and Myanmar border, besides improving transportation between Dimapur and other districts.
• Gadkari – inaugurate/lay foundation stone of Rs 4,127 cr highway projects in Nagaland.

Road Transport and Highways and MSME:
Minister : Nitin Gadkari
Constituency : Nagpur. Maharashtra
Nagaland:
Capital : Kohima
CM : Neiphiu Rio
Governor : R N Ravi

18. 8th North East Festival will be held in which place on December 19?
A) Guwahati, Assam
B) Varanasi, Uttar Pradesh
C) Konark, Odisha
D) Cuttack, Odisha
Answer: A) Guwahati, Assam
Guwahati – Eight North East Festival from December 19.
Assam:
Capital : Dispur
CM : Sarbananda Sonowal
Governor : Jagdish Mukhi

19. Which state/UT launched a forum to engage with stakeholders for the successful implementation of electric vehicles policy?
A) Lakshadweep
B) Delhi
C) Daman & Diu
D) Jammu and Kashmir
Answer: B)Delhi

• The Delhi government launched a forum to engage with stakeholders for the successful implementation of its recently launched electric vehicles policy.
• The city government had notified its electric vehicles (EV) policy in August this year, aiming at having an electric vehicle market share of 25 per cent across all new vehicle sales in Delhi by 2024.
• Delhi – Forum for successful implementation of EV policy.

Delhi:
Capital: New Delhi
CM: Arvind Kejriwal
Governor: Anil Baijal

20. The Maharashtra forest department has proposed the declaration of how many conservation reserves (CR) in western Maharashtra and Vidarbha?
A) 10
B) 11
C) 12
D) 13
Answer: B) 10

• The state Wildlife Board accepted suggestions to declare eight areas in western Maharashtra and two in Vidarbha as conservation reserves and upgrade Kanhalgaon in Chandrapur to the level of a sanctuary
• The new conservation reserves are Amboli, Dodamarg, Chandgad, Aajra Bhudargad, Gaganbawda, Panhalgad, Jor Jambhli, Maini in western Maharashtra, and Mahendra and Munia in Vidarbha.
• Maharashtra – 10 new conservation reserves, one sanctuary.

Maharashtra:
Capital : Mumbai
CM : Udhav Thackarey

21. Vice President releases commemorative postage stamp in honour of late Prime Minister, Shri I K Gujral. Shri I K Gujral served as ___ Prime Minister of India?
A) 11
B) 10
C) 12
D) 13
Answer: C) 12
Vice President – Commemorative postage stamp in honour of late Prime Minister, Shri I K Gujral.

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