Daily Current Affairs December 04

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 04. 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 04 | Daily Current Affairs 2024

Important Days – Daily Current Affairs December 04

1. When is the International Day of Banks observed?
A) 2 December
B) 3 December
C) 4 December
D) 5 December
E) 6 December
Answer: C) 4 December

Event and Location:

• Event: International Day of Banks
• Date: Observed annually on 4 December.

Mandates and Objectives:

• Recognizes the significant potential of multilateral development banks and international development banks.
• Highlights their roles in:
  • Financing sustainable development.
  • Providing technical expertise.
  • Improving the standard of living in member states.
• Aligns with the 2030 Agenda and the Sustainable Development Goals (SDGs).

Important Terms Explained:

• Sustainable Development Goals (SDGs):
  • Adopted in September 2015 by the UN General Assembly.
  • A universal framework to eradicate poverty, reduce inequality, and combat climate change by 2030.
• Addis Ababa Action Agenda:
  • Outlines the need for integrated national financing frameworks.
  • Emphasizes coherence within the global financial system for sustainable development.
• Multilateral Development Banks (MDBs):
  • Financial institutions that provide financial and technical assistance for development projects in low- and middle-income countries.
• National Development Banks (NDBs):
  • Public financial institutions established by governments to finance national development initiatives.
  • Act countercyclically, especially during financial crises, addressing financing gaps in areas like sustainable infrastructure and financial inclusion.

Static GK Information:

Tabular Summary:

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2. What is the main objective of the Saras Food Festival as highlighted by Union Minister Shri Shivraj Singh Chouhan?
A) Promoting traditional food of India
B) Strengthening self-help groups led by women
C) Empowering women economically and socially
D) Showcasing diverse Indian cuisines and culture
E) All of the above
Answer: E) All of the above

Event and Location:

• Event: Saras Food Festival
• Date: December 4, 2024
• Location: Connaught Place, New Delhi

Mandates and Objectives:

• Mandates:
  • Promote traditional and healthy Indian cuisines prepared by women-led Self-Help Groups (SHGs).
  • Empower women economically and socially by encouraging their participation in livelihood activities.
• Objectives:
  • Celebrate India’s cultural and culinary diversity.
  • Increase the number of Lakhpati Didis (women earning ₹1 lakh annually) under the DAY-NRLM initiative.
  • Encourage women’s participation in economic and social upliftment through community enterprises.

Key Highlights of the Event:

• The festival features traditional cuisines from Indian states like Bihar, Rajasthan, Punjab, Kerala, and Karnataka.
• Women-led SHGs showcased their culinary skills, contributing to local and regional development.
• Union Minister Shri Shivraj Singh Chouhan emphasized that empowering women economically would lead to a stronger and more equitable society.

Important Terms Explained:

• Lakhpati Didis:
  • Women earning ₹1 lakh or more annually through livelihood initiatives under the Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM).
  • Currently, 1.15 crore women have achieved this milestone out of 10 crore women associated with 90 lakh SHGs.
• Saras Mela:
  • A platform for rural artisans and SHGs to showcase and sell their products, including food, handicrafts, and textiles.
  • Encourages self-reliance and economic independence for women in rural areas.

Static GK Information:

Tabular Summary:

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Obituary – Daily Current Affairs December 04

3. Who was Raj Manchanda, the ‘Old Fox’ of Indian squash?
A) A seven-time National champion in squash
B) An Arjuna Awardee and six-time National squash champion
C) A coach who started playing squash at a young age
D) Secretary of the Squash Rackets Federation of India
E) A military officer with no connection to sports
Answer: B) An Arjuna Awardee and six-time National squash champion

Event and Location:

• Event: Death of Raj Manchanda, an eminent Indian squash player.
• Date of Passing: December 1, 2024.
• Location: Delhi, India.

Achievements and Legacy:

• Sports Accomplishments:
  • Six-time National squash champion (consecutively from 1977 to 1982).
  • Recipient of the Arjuna Award for his contributions to squash.
  • Achieved fourth place in the 1984 Asian Championships held in Jordan.
• Contributions to Sports:
  • Transitioned to coaching after his playing career, mentoring young players.
  • Known for his resilience and ability to outlast opponents.
  • Inspired future generations of squash players in India.
• Other Notable Facts:
  • Two squash courts at the National Defence Academy (NDA) and Indian Military Academy (IMA) were named after him.
  • A passionate singer and composer, he was admired for his kindness and generosity.

Important Terms Explained:

• Arjuna Award:
  • One of India’s prestigious national sports honors.
  • Recognizes outstanding achievements in sports.
• National Defence Academy (NDA) & Indian Military Academy (IMA):
  • Premier military training academies in India, also housing squash courts named after Raj Manchanda in his honor.

Static GK Information:

Tabular Summary:

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Banking and Finance – Daily Current Affairs December 04

4. What is the updated wallet limit for UPI Lite as announced by the RBI?
A) ₹1,000
B) ₹2,000
C) ₹5,000
D) ₹10,000
E) ₹20,000
Answer: C) ₹5,000

Event and Location:

• Event: Enhancement of UPI Lite wallet and transaction limits.
• Location: Mumbai, India.

Mandates and Objectives:

• Mandates:
  • Encourage wider adoption of digital payment systems.
  • Update frameworks for facilitating small-value offline digital payments.
• Objectives:
  • Expand the usability of UPI Lite for seamless low-value transactions.
  • Increase convenience and adoption in areas with limited connectivity.

Key Updates on UPI Lite:

• Wallet Limit:
  • Increased from ₹2,000 to ₹5,000.
• Per-Transaction Limit:
  • Increased from ₹500 to ₹1,000.
• Features:
  • UPI Lite enables low-value transactions without requiring a UPI PIN.
  • Transactions occur offline without utilising core banking systems in real time.

Related Announcement for UPI123Pay:

• UPI123Pay:
  • The per-transaction limit was enhanced from ₹5,000 to ₹10,000 as announced in October 2024.
  • UPI123Pay allows users with feature phones to perform UPI transactions using voice commands.

Important Terms Explained:

• UPI (Unified Payments Interface):
  • India’s flagship real-time payment system managed by the National Payments Corporation of India (NPCI).
  • Facilitates instant money transfer between banks using mobile devices.
• UPI Lite:
  • A simplified version of UPI aimed at enabling small-value transactions in offline mode for ease and speed.
• NPCI (National Payments Corporation of India):
  • Apex body for retail payments in India.

Static GK Information:

Tabular Summary:

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Business and Economy – Daily Current Affairs December 04

5. What is the focus of RUBBERCON 2024, to be hosted in Kochi?
A) Advancements in rubber recycling
B) Energy-efficient tyres and renewable raw materials
C) Expanding rubber plantations
D) Innovations in synthetic rubber production
E) Rubber pricing and trade policies
Answer: B) Energy-efficient tyres and renewable raw materials

Event and Location:

• Event: RUBBERCON 2024
• Date: December 5–7, 2024
• Location: Le Meridien, Kochi, Kerala

Mandates and Objectives:

• Mandates:
  • Address global sustainability goals in the rubber industry.
  • Encourage the use of renewable raw materials and the development of energy-efficient tyres.
• Objectives:
  • Align the rubber industry with global sustainability standards.
  • Foster innovation to minimize the environmental footprint of rubber production and usage.

About RUBBERCON 2024:

• Organizers:
  • Hosted by the Indian Rubber Institute (IRI) in collaboration with the International Rubber Conference Organization (IRCO), London.
• Key Themes:
  • Renewable raw material adoption.
  • Sustainable manufacturing practices in the rubber industry.
  • Innovations for energy-efficient and eco-friendly tyres.

Static GK Information:

Tabular Summary:

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Awards – Daily Current Affairs December 04

6. Who won the Aster Guardians Global Nursing Award 2024?
A) Nilima Pradeepkumar Rane
B) Archimedes Motari
C) Maria Victoria Juan
D) Sylvia May Hampton
E) Johnsy Inni
Answer: C) Maria Victoria Juan

Event and Location:

• Event: Aster Guardians Global Nursing Award 2024.
• Date and Venue: December 3, 2024, Bengaluru, India.

Mandates and Objectives:

• The award recognizes the exceptional contributions of nurses worldwide to healthcare and patient care.
• Highlights the compassion, dedication, and skill of nurses in improving healthcare systems globally.

About the Winner:

• Maria Victoria Juan:
  • Nationality: Philippines.
  • Current Role: Consultant at Philippines Army Health Services and Colonel, Reserve Force of the Armed Forces of the Philippines.
  • Major Achievements:
    • Developed the first aeromedical evacuation system in the Armed Forces of the Philippines, improving survival rates in conflict zones.
    • Led innovative environmental health projects using vetiver grass technology.
    • Played a critical role in organizing the Endurun Mega Swabbing Center during COVID-19, which conducted nearly 500,000 tests.
    • Completed rigorous aeromedical training despite fears of flying and deepwater swimming.

Important Terms Explained:

• Aster Guardians Global Nursing Award:
  • Launched in 2021 by Aster DM Healthcare to honor exceptional contributions in nursing globally.
  • Awarded INR 2 Crore to the 2024 winner.
• Aeromedical Evacuation:
  • The transport of injured or ill patients by air for emergency care, critical in combat zones and disasters.

Static GK Information:

Tabular Summary:

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7. Which facility received a five-star SVAGRIHA rating from the GRIHA Council?
A) Jal Marg Vikas Terminal
B) Varanasi Intermodal Terminal
C) Kalughat Intermodal Terminal (IMT)
D) IWAI Headquarters
E) Kanpur River Terminal
Answer: C) Kalughat Intermodal Terminal (IMT)

Event and Location:

• Event: Kalughat Intermodal Terminal (IMT) receives five-star SVAGRIHA rating for sustainable infrastructure.
• Location: Kalughat, Bihar, on National Waterway 1 (NW 1) – River Ganga.

Mandates and Objectives:

• Mandates:
  • Develop climate-resilient infrastructure for Inland Water Transport (IWT).
  • Ensure environmentally sustainable practices in infrastructure projects.
• Objectives:
  • Enhance cargo and passenger movement efficiency.
  • Promote renewable energy and optimal waste management during operations.
  • Align with Viksit Bharat Vision for sustainable economic growth.

About the Recognition:

• SVAGRIHA Rating:
  • Stands for: Simple Versatile Affordable GRIHA.
  • Recognizes green buildings and environmentally sustainable infrastructure.
  • A joint initiative of the Ministry of New and Renewable Energy and The Energy and Resources Institute (TERI).
  • Kalughat IMT achieved a five-star rating for using recyclable materials like fiber, glass, paint, and sanitary fixtures, along with sustainable practices.

Features of Kalughat IMT:

• Cost: ₹82.48 crore.
• Capacity: 77,000 TEU (Twenty-foot Equivalent Units) per annum.
• Sustainability Highlights:
  • Sewage treatment plant for water recycling.
  • Use of renewable energy.
  • Construction waste utilization.
  • Solid waste and energy optimization during operations.
• Connectivity: Critical for cargo movement in North Bihar and Nepal EXIM trade.

Static GK Information:

Tabular Summary:

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8. Which mobile application of ESIC received special mention at the RSSF Asia-Pacific event?
A) ESI Beneficiary Hub
B) Ask An Appointment (AAA+)
C) ESIC Healthcare Portal
D) MyESIC Mobile App
E) ESI Pensioner Services
Answer: B) Ask An Appointment (AAA+)

Event and Location:

• Event: Regional Social Security Forum for Asia and the Pacific (RSSF Asia-Pacific) 2024.
• Location: Riyadh, Saudi Arabia.

Mandates and Objectives:

• Mandates:
  • Recognize and reward excellence in social security systems in Asia and the Pacific region.
  • Enhance knowledge sharing and international cooperation.
• Objectives:
  • Strengthen ESIC’s role as a global leader in social security administration.
  • Showcase innovations and efficient delivery of social security benefits.

About ESIC’s Achievements:

• Awards Received:
  • Special Mention for AAA+ App: Recognized for innovation and accessibility in healthcare services.
  • Merit Certificates: For excellence in Occupational Accident and Disease, Sustainable Investment, and System Resilience.
• AAA+ (Ask An Appointment) Mobile App:
  • Available on Android and iOS in 8 languages, including Hindi and English.
  • Features include:
    • Online appointment booking and e-Health record access.
    • Aadhaar seeding for beneficiaries and home sample collection requests.
    • Pharmacy prioritization for AAA+ appointments.

About ISSA:

• Founded: 1927.
• Headquarters: Geneva, Switzerland.
• Purpose: Promote excellence in social security administration through professional guidelines and knowledge exchange.

Static GK Information:

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Defence – Daily Current Affairs December 04

9. Which UAV was recently inducted into the Indian Navy by Adani Defence and Aerospace?
A) Sky Warrior
B) Predator MQ-9B
C) Drishti 10 Starliner
D) Heron TP
E) Rustom II
Answer: C) Drishti 10 Starliner

Event and Location:

• Event: Induction of the second Drishti 10 Starliner UAV into the Indian Navy.
• Location: Porbandar, Gujarat.

Mandates and Objectives:

• Mandates:
  • Strengthen the Indian Navy’s maritime surveillance capabilities.
  • Enhance the monitoring of vast maritime territories using indigenous technologies.
• Objectives:
  • Ensure operational reliability above 32,000+ feet with high payload capacities.
  • Utilize all-weather UAV systems for effective surveillance and reconnaissance.

Features of Drishti 10 Starliner:

• Indigenous Development:
  • Built by Adani Defence and Aerospace, making it a significant step in India’s defense self-reliance.
• Certification:
  • Only Indian UAV certified with NATO’s STANAG 4671 for airworthiness.
• Capabilities:
  • Operates above 32,000 feet with a large payload capacity.
  • Distinctly long endurance, resilient to challenging terrains and harsh conditions.

Static GK Information:

Tabular Summary:

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National Affairs – Daily Current Affairs December 04

10. Which is the latest tiger reserve added in India, marking the 57th tiger reserve in the country?
A) Guru Ghasidas-Tamor Pingla Tiger Reserve
B) Panna Tiger Reserve
C) Kanha Tiger Reserve
D) Ratapani Tiger Reserve
E) Ratap Tiger Reserve
Answer: E) Ratap Tiger Reserve

Event and Location:

• Event: Announcement of India’s 57th tiger reserve.
• Location: Ratap Tiger Reserve, Madhya Pradesh.

Mandates and Objectives:

• Mandates:
  • Strengthening tiger conservation and expanding tiger habitats.
  • Promoting harmony between wildlife and human activity.
• Objectives:
  • Increasing tiger population sustainably.
  • Preserving India’s biodiversity through collective environmental care efforts.

Important Terms Explained:

• Tiger Reserve:
  • Protected areas under Project Tiger for tiger conservation.
  • Managed by the National Tiger Conservation Authority (NTCA) under the Ministry of Environment.
• Ratap Tiger Reserve:
  • Located in Madhya Pradesh, the newest addition to India’s growing list of tiger reserves.

Static GK Information:

Tabular Summary:

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11. How many projects were approved by the Tourism Ministry for developing lesser-known tourist sites across India?
A) 20
B) 30
C) 40
D) 50
E) 60
Answer: C) 40

Event and Location:

• Event: Approval of 40 projects for tourism development.
• Location: Across 23 states in India.

Mandates and Objectives:

• Mandates:
  • Develop lesser-known tourist sites to reduce pressure on high-traffic destinations.
  • Promote balanced distribution of tourists across the country.
• Objectives:
  • Boost local economies and generate employment through sustainable tourism projects.
  • Integrate advanced technologies to improve tourism infrastructure and enhance tourist experience.
  • Encourage community-based tourism to empower local populations and preserve cultural heritage.

About the Initiative:

• Approved under the Special Assistance to States/Union Territories for Capital Investment (SASCI) Scheme.
• Features long-term, interest-free loans for 50 years to develop iconic tourist centers.
• Projects are expected to be completed within two years.

Important Terms Explained:

• SASCI Scheme:
  • A financing initiative by the Department of Expenditure under the Ministry of Finance.
  • Supports state governments in developing infrastructure for tourism and other capital-intensive projects.
• MICE Tourism:
  • Stands for Meetings, Incentives, Conferences, and Exhibitions.
  • Focuses on developing infrastructure for large-scale professional events to boost regional tourism.

Static GK Information:

Tabular Summary:

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12. What is the targeted number of rooftop solar installations under PMSGMBY by March 2027?
A) 10 Lakh
B) 40 Lakh
C) 1 Crore
D) 20 Lakh
E) 50 Lakh
Answer: C) 1 Crore

Event and Location:

• Event: PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) sets targets for rooftop solar installations.
• Location: Nationwide rollout across India.

Mandates and Objectives:

• Mandates:
  • Promote adoption of rooftop solar energy to reduce electricity bills and foster sustainable energy.
  • Enhance infrastructure and streamline processes for large-scale solar deployment.
• Objectives:
  • Reach 10 lakh installations by March 2025, and scale to 1 crore by March 2027.
  • Simplify application and subsidy disbursal processes.
  • Support households in achieving energy independence and reducing carbon footprints.

Key Features of PMSGMBY:

• Massive Installation Growth:
  • Monthly installations surged ten-fold to 70,000 per month after the scheme’s launch in February 2024.
  • 6.3 lakh installations completed within nine months.
• Consumer Benefits:
  • Households save significantly on electricity bills; 28% of users report zero bills.
  • Subsidies processed within 15 days via a seamless online portal.
• Streamlined Processes:
  • Waiver of Technical Feasibility Reports (TFR) for systems under 10kW.
  • Integration of GIS mapping to help applicants plan system capacity.
  • Online portal for vendor selection, loan application, and subsidy claims.
• Infrastructure Development:
  • Over 9,000 vendors onboarded with daily additions.
  • Training initiatives for 40,000 personnel completed, with 2 lakh technicians to be trained further.
  • Specialized training for 50,000 DISCOM engineers.
• Financial Support:
  • Loans available at 7% interest for up to 3kW systems via the Jan Samarth Portal.
  • Subsidies of ₹3,100 crore disbursed to over 4 lakh consumers by November 2024.

Important Terms Explained:

• Rooftop Solar System:
  • A solar power generation system installed on the roof of a building, converting sunlight into electricity.
• Net Metering:
  • A system allowing households to export surplus solar energy to the grid and receive credit for it.
• GIS Feature:
  • Geographic Information System tool to visualize rooftops and calculate solar capacity.

Static GK Information:

Tabular Summary:

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Over All Review

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