Daily Current Affairs December 07 & 08

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 07 & 08. 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 07 & 08 | Daily Current Affairs 2024

Important Days – Daily Current Affairs December 07 & 08

1. Why was December 21 chosen as World Meditation Day by the UN General Assembly?
A) It marks the start of the Summer Solstice
B) It aligns with International Day of Yoga
C) It is the Winter Solstice and start of Uttarayana in Indian tradition
D) It represents the start of the New Year in several countries
E) It coincides with other global events on well-being
Answer: C) It is the Winter Solstice and start of Uttarayana in Indian tradition

Event and Location:

• Event: Declaration of December 21 as World Meditation Day by the UN General Assembly (UNGA).
• Location: United Nations Headquarters, New York.
• Date of Adoption: December 6, 2024.

Mandates and Objectives:

• Resolution Details:
  • Unanimously adopted by the 193-member UN General Assembly.
  • Titled “World Meditation Day”, co-sponsored by India, Liechtenstein, Sri Lanka, Nepal, Mexico, and Andorra.
• Purpose:
  • Promote comprehensive well-being including mental, emotional, physical, and spiritual health.
  • Encourage inner transformation to address modern challenges such as stress and anxiety.
• Significance of December 21:
  • Marks the Winter Solstice, an auspicious time for inner reflection and meditation in Indian tradition.
  • Falls six months after International Day of Yoga (June 21, Summer Solstice).

India’s Role and Contributions:

• Core Group Member: India played a key role in drafting and guiding the resolution.
• Vasudhaiva Kutumbakam Philosophy:
  • Reflects India’s ethos of “the whole world is one family.”
  • Continues India’s legacy of promoting human wellness globally.
• Historical Context:
  • India spearheaded the 2014 initiative to declare June 21 as International Day of Yoga, which has since become a global movement.

Key Benefits of Meditation:

• Scientifically Proven Effects:
  • Reduces stress and anxiety.
  • Enhances cognitive and physical functions.
• Modern Relevance:
  • Aids in achieving inner peace amidst global conflicts and modern-day challenges.
  • Encourages harmony between mind, body, and nature.

Important Terms Explained:

• Winter Solstice:
  • Occurs on December 21, marking the shortest day and longest night of the year in the Northern Hemisphere.
  • Traditionally celebrated in Indian culture as the start of Uttarayana, an auspicious time for spiritual practices.
• Vasudhaiva Kutumbakam:
  • Sanskrit phrase meaning “the world is one family,” emphasizing global unity and inclusiveness.
• International Day of Yoga:
  • Celebrated annually on June 21 (Summer Solstice), focusing on promoting health and well-being through yoga.

Static GK Information:

Tabular Summary:

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2. What is the theme for International Civil Aviation Day 2024?
A) Aviation Innovation for Sustainable Growth
B) Building Bridges: Aviation for the Future
C) Safe Skies. Sustainable Future: Together for the next 80 years
D) Global Connectivity and Economic Progress
E) Net-Zero Carbon Goals in Aviation
Answer: C) Safe Skies. Sustainable Future: Together for the next 80 years

Event and Significance:

• Event: International Civil Aviation Day (ICAD).
• Date: Celebrated annually on December 7.
• Significance:
  • Marks the anniversary of the Chicago Convention (1944), which set the foundation for international air transport.
  • Highlights the contributions of civil aviation to global connectivity, economic growth, and sustainable development.
  • Recognizes aviation professionals like pilots, engineers, and regulatory bodies for their role in the industry.

Theme for 2024:

• “Safe Skies. Sustainable Future: Together for the next 80 years.”
  • Celebrates the 80th anniversary of the Chicago Convention.
  • Reaffirms the commitment to reducing aviation’s carbon footprint with the goal of net-zero emissions by 2050.

History:

• Origin:
  • First celebrated in 1994 to mark the 50th anniversary of the Chicago Convention.
  • In 1996, the UN General Assembly formally recognized December 7 as International Civil Aviation Day.
• Chicago Convention:
  • Signed by 54 countries in 1944.
  • Established rules and regulations for international air transport.

Global Celebrations:

• ICAO Events:
  • Workshops, seminars, and online forums to discuss aviation safety, sustainability, and technological advancements.
• Educational Initiatives:
  • Aviation education programs inspire students to pursue careers in aviation.
• Industry Stakeholders:
  • Discussions on global safety standards and future innovations.
• Social Media Awareness:
  • Campaigns using hashtags like #CivilAviationDay and #GlobalConnectivity.

Important Terms Explained:

• International Civil Aviation Organization (ICAO):
  • A specialized UN agency responsible for setting international aviation standards.
  • Founded in 1944 and headquartered in Montreal, Canada.
• Chicago Convention:
  • Also known as the Convention on International Civil Aviation.
  • Established guidelines for international air transport cooperation.

Static GK Information:

Tabular Summary:

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3. What is the primary purpose of Indian Armed Forces Flag Day?
A) To celebrate India’s independence
B) To distribute flags nationwide
C) To raise funds for the welfare of armed forces personnel and their families
D) To recruit more soldiers into the armed forces
E) To organize parades and honor ceremonies
Answer: C) To raise funds for the welfare of armed forces personnel and their families

Event and Date:

• Event: Indian Armed Forces Flag Day
• Date: Observed annually on December 7.

History of Indian Armed Forces Flag Day:

• Established in 1949 by a committee under the Ministry of Defence.
• Purpose:
  • To raise funds for the rehabilitation of war veterans, families of martyrs, and active soldiers.
  • Create national responsibility and solidarity toward the armed forces.

Significance:

• Acknowledging Sacrifices:
  • Honoring the bravery, commitment, and sacrifices of the Indian Armed Forces.
• Supporting Welfare:
  • Financial aid for families of martyrs, injured soldiers, and retired personnel.
  • Welfare schemes focus on health, education, housing, and quality of life for soldiers and their families.
• Symbolism:
  • The day is symbolized by the distribution of small triangular flags sold across the country to raise funds.

Purpose:

1. Raising Funds:
   • Proceeds from flag sales and donations are used for welfare activities like medical care, scholarships, housing, and financial aid.
2. Recognition and Gratitude:
   • Public acknowledgment of the challenges and sacrifices of soldiers, sailors, and airmen.
3. Encouraging Public Participation:
   • Promoting nationwide involvement in flag sales and fundraising campaigns.
4. National Awareness:
   • Spreading awareness about the crucial role of the armed forces in ensuring national security and peace.

Important Terms Explained:

• Rehabilitation of Veterans:
  • Providing care, support, and resources to help ex-servicemen transition to civilian life after service.
• Martyr’s Families:
  • Families of soldiers who sacrificed their lives in service are supported financially and socially.
• National Security:
  • The armed forces protect India’s sovereignty and maintain peace along its borders.

Static GK Information:

Tabular Summary:

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Banking and Finance – Daily Current Affairs December 07 & 08

4. According to the RBI’s Survey of Professional Forecasters, what is the revised GDP growth forecast for FY25?
A) 6.90%
B) 6.80%
C) 6.60%
D) 7.20%
E) 6.70%
Answer: B) 6.80%

Event and Location:

• Event: RBI’s Survey of Professional Forecasters on Macroeconomic Indicators released revised forecasts.
• Location: Conducted by the Reserve Bank of India.

Mandates and Objectives:

• The survey assesses real GDP growth, private consumption expenditure, capital formation, and inflation expectations to guide economic planning and policy.
• The panel includes professional forecasters to provide insights into India’s economic trajectory.

Key Findings of the Survey:

• Real GDP Growth:
  • FY25 forecast revised to 6.80% from 6.90%.
  • FY26 forecast adjusted to 6.60%, down from 6.70%.
  • Quarterly FY25 GDP growth (Q3 and Q4): stable at 6.9%.
• Inflation Projections:
  • FY25 inflation based on CPI-Combined raised to 4.8% from 4.5%.
  • FY26 inflation forecast adjusted to 4.3% (from 4.4%).
  • Headline CPI inflation projected to decline from 5.5% in Q3:FY25 to 4.2–4.6% by FY26.
• Private Final Consumption Expenditure (PFCE):
  • FY25 PFCE annual growth revised to 6.2%, down from 6.5%.
• Gross Fixed Capital Formation (GFCF):
  • FY25 growth forecast remains at 7.9%.
• Gross Value Added (GVA) Growth:
  • FY25 revised to 6.7%, slightly down from previous estimates.

Important Terms Explained:

• Real GDP Growth:
  • Refers to the value of goods and services produced in an economy, adjusted for inflation. It reflects the economy’s performance.
• Private Final Consumption Expenditure (PFCE):
  • Measures household spending on goods and services; a key component of GDP.
• Gross Fixed Capital Formation (GFCF):
  • Reflects investments in physical assets like infrastructure, machinery, and buildings.
• Headline CPI Inflation:
  • Measures changes in prices paid by consumers, including all goods and services in the consumer price index (CPI).

Static GK Information:

Tabular Summary:

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5. What new tool is RBI adding to its communication toolkit, as announced by Governor Shaktikanta Das?
A) Social Media Campaigns
B) Webinars for Financial Literacy
C) Podcasts
D) SMS Alerts
E) Financial Newsletters
Answer: C) Podcasts

Event and Location:

• Event: Announcement of RBI’s new podcast initiative.
• Location: Monetary Policy Committee (MPC) meeting, December 2024.

Mandates and Objectives:

• Purpose of the Podcast:
  • Enhance public communication and financial literacy.
  • Disseminate information on monetary policies and RBI initiatives.
  • Promote transparency and better engagement with the public.
• Additional Steps Toward Financial Literacy:
  • Creation of Santali language booklets on financial practices for diverse groups such as school children, farmers, and senior citizens.
  • Organization of quiz competitions for students.
• Technological Integration:
  • Development of the FREE-AI Framework (Framework for Responsible and Ethical Enablement of AI) to mitigate risks in AI use.
  • Launch of MuleHunter.AI, an AI-powered tool to detect mule accounts in digital fraud.

Key Highlights from the MPC Meeting:

1. Monetary Decisions:
   • Repo rate unchanged at 6.5% for the 11th consecutive meeting.
   • Cut in Cash Reserve Ratio (CRR) to boost liquidity for banks.
2. Communication Initiatives:
   • Podcasts to engage wider audiences and promote awareness.
3. AI Innovations:
   • Focus on ethical and responsible AI adoption in the financial sector.
   • MuleHunter.AI to combat digital fraud in banking.
4. Next Meeting:
   • Scheduled for February 5–7, 2025.

Important Terms Explained:

• Podcast:
  • A digital audio series designed for dissemination of information to a broad audience. RBI’s podcast aims to engage and educate the public on financial topics.
• Repo Rate:
  • The rate at which the RBI lends money to commercial banks, currently maintained at 6.5%.
• Cash Reserve Ratio (CRR):
  • The percentage of a bank’s deposits required to be held with the RBI. Reduction in CRR increases liquidity in the banking system.
• Mule Accounts:
  • Bank accounts used for fraudulent transactions, often by cybercriminals to launder money.

Static GK Information:

Tabular Summary:

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Business and Economy – Daily Current Affairs December 07 & 08

6. What is the primary focus of the $350 million ADB loan approved for India?
A) Development of rural infrastructure
B) Strengthening India’s logistics and export competitiveness
C) Expansion of grain storage facilities
D) Promoting women entrepreneurs in manufacturing
E) Enhancing urban transport systems
Answer: B) Strengthening India’s logistics and export competitiveness

Event and Location:

• Event: Approval of a $350 million loan by the Asian Development Bank (ADB).
• Location: Manila, Philippines (ADB Headquarters); policy implementation in India.

Mandates and Objectives:

• Objective of the Loan:
  • Strengthen and modernize India’s logistics sector to enhance manufacturing and export competitiveness.
  • Support comprehensive reforms in logistics through policy, planning, and institutional frameworks.

Key Features of the Program:

• Loan Details:
  • Second subprogram under the Strengthening Multimodal and Integrated Logistics Ecosystem Program.
• Policy Reforms and Initiatives Supported:
  • Institutional arrangements for logistics planning at federal, state, and city levels.
  • Implementation of a grain storage plan.
  • Adoption of green transition guidelines for inland waterways.
  • Promotion of digitization and process standardization to improve logistics efficiency.
• Strategic Policies Backing the Reform:
  • Prime Minister Gati Shakti-National Master Plan (PMGS-NMP): Focused on infrastructure improvements.
  • National Logistics Policy (NLP): Aims to streamline processes and encourage private investments.
• Key Outcomes Anticipated:
  • Reduced logistics costs and improved operational efficiency.
  • Enhanced supply chain resilience and competitiveness in manufacturing.
  • Increased private sector participation and creation of employment opportunities.
  • Promotion of gender inclusion and green logistics initiatives.

Economic Impact:

• Growth in exports: India’s goods exports rose from $48.5 billion in 2000 to $467.5 billion in 2022.
• Target: $2 trillion in exports by 2030 (goods and services).

Important Terms Explained:

• Asian Development Bank (ADB):
  • A regional development bank promoting economic growth and cooperation in Asia-Pacific.
• Prime Minister Gati Shakti-National Master Plan (PMGS-NMP):
  • A comprehensive plan to integrate infrastructure development across various sectors to reduce costs and enhance connectivity.
• National Logistics Policy (NLP):
  • Focuses on improving logistics efficiency, reducing costs, and boosting India’s ranking in global logistics indices.

Static GK Information:

Tabular Summary:

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7. What is the reported unemployment rate for persons aged 15 years and above in 2023-24, as per PLFS?
A) 6.0%
B) 4.8%
C) 3.5%
D) 3.2%
E) 2.9%
Answer: D) 3.2%

Event and Source:

• Event: Decline in India’s unemployment rate as per the Annual Periodic Labour Force Survey (PLFS).
• Source: Ministry of Labour & Employment.

Mandates and Objectives:

• Unemployment Rate (UR):
  • Measures the percentage of the labor force that is unemployed and actively seeking employment.
  • 2017-18: 6.0%.
  • 2023-24: Declined to 3.2%, a significant improvement over seven years.
• Worker Population Ratio (WPR):
  • Indicates the proportion of the working-age population that is employed.
  • Increased from 46.8% in 2017-18 to 58.2% in 2023-24, reflecting stronger employment trends.

Key Highlights:

• Data Period Covered: Seven years (2017-18 to 2023-24), including the impact of the COVID-19 pandemic.
• Positive Indicators:
  • Increased employment opportunities across sectors.
  • Reduced unemployment rates, highlighting economic recovery and workforce engagement.

Impact Analysis:

• The decline in unemployment indicates:
  • Stronger economic activity and job creation.
  • Effective labor market policies and initiatives by the government.

Important Terms Explained:

• Periodic Labour Force Survey (PLFS):
  • An initiative by the Ministry of Statistics and Programme Implementation (MoSPI) to assess employment and unemployment in India.
  • Provides estimates of key labor market indicators such as UR, WPR, and LFPR (Labor Force Participation Rate).
• Worker Population Ratio (WPR):
  • Percentage of the working-age population (15 years and above) that is employed.
  • Higher WPR suggests increased job availability and economic participation.
• Unemployment Rate (UR):
  • The ratio of unemployed persons to the total labor force.

Static GK Information:

Tabular Summary:

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8. How much gold did the Reserve Bank of India add to its reserves in October 2024?
A) 17 tonnes
B) 27 tonnes
C) 72 tonnes
D) 8 tonnes
E) 60 tonnes
Answer: B) 27 tonnes

Event and Context:

• Event: RBI led global central bank gold purchases in October 2024.
• Source: Data from the World Gold Council (WGC) based on International Monetary Fund (IMF) statistics.

Mandates and Objectives:

• RBI’s Gold Reserves:
  • RBI added 27 tonnes of gold in October, bringing India’s total gold reserves to 882 tonnes.
  • 510 tonnes of these reserves are stored domestically.
  • January–October 2024: RBI purchased 77 tonnes, marking a 5-fold increase compared to the same period in 2023.
• Global Trends:
  • Central Bank Gold Purchases:
    • October 2024: 60 tonnes purchased globally.
    • India, Turkey, and Poland accounted for 60% of this year’s total central bank gold purchases.

Highlights of Global Gold Buying:

• Turkey:
  • Added 17 tonnes in October 2024.
  • Extended its streak to 17 consecutive months of net gold purchases.
• Poland:
  • Added 8 tonnes in October.
  • Aims for gold to constitute 20% of its reserve assets.
• Other Notable Purchases:
  • Kazakhstan: Reversed its selling trend by adding 5 tonnes.
  • Czech Republic and Kyrgyzstan: Added 2 tonnes each.
  • Ghana: Increased reserves by 1 tonne, bringing its total to 28 tonnes.

Significance of October’s Record-Breaking Month:

• Global central bank gold purchases in October exceeded the totals for the April-June and July-September quarters combined.
• Highlights a surge in gold demand amid global economic and geopolitical uncertainties.

Important Terms Explained:

• World Gold Council (WGC):
  • A market development organization for the gold industry, tracking global trends in gold supply and demand.
• Gold Reserves:
  • Gold holdings maintained by central banks to diversify reserves, stabilize currency values, and hedge against economic uncertainties.
• Central Bank Gold Purchases:
  • Reflect a country’s strategy to strengthen its financial stability and protect against global risks.

Static GK Information:

Tabular Summary:

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Appointments – Daily Current Affairs December 07 & 08

9. What is the main role of the UN Commission on Narcotic Drugs (CND)?
A) Oversee global food security policies
B) Monitor international drug trends and support balanced drug policies
C) Promote global trade agreements among nations
D) Conduct research on medical advancements
E) Address climate change and its impact on public health
Answer: B) Monitor international drug trends and support balanced drug policies

Event and Location:

• Event: India assumes the Chairmanship of the 68th Session of the UN Commission on Narcotic Drugs (CND).
• Location: Vienna, Austria.
• Date of Announcement: December 6, 2024.

Mandates and Objectives:

• CND’s Role:
  • Principal policy-making body of the United Nations on drug-related issues.
  • Monitors global drug trends.
  • Supports Member States in creating balanced drug policies.
  • Oversees the implementation of international drug control conventions.
• India’s Leadership Objectives:
  • Articulate the interests of the Global South.
  • Promote dialogue on drug policy issues and integrate concerns of emerging economies with developed nations.
  • Advance equitable and inclusive strategies to combat illicit drug trafficking, substance abuse, and their social and health impacts.

Significance of India’s Chairmanship:

• First Time Leadership:
  • This is the first time India has been chosen to chair this prestigious UN body.
• Global Influence:
  • Reflects India’s growing leadership role in multilateral forums.
  • Reinforces India’s commitment to addressing international issues like illicit drug trafficking through multilateral mechanisms.
• Collaborative Approach:
  • Focus on evidence-based solutions, prioritizing international collaboration.

Important Terms Explained:

• UN Commission on Narcotic Drugs (CND):
  • A functional commission of the United Nations Economic and Social Council (ECOSOC).
  • Governs the United Nations Office on Drugs and Crime (UNODC).
  • Established to tackle drug-related issues globally and ensure balanced implementation of drug control policies.
• Global South:
  • Refers to developing countries, often in Asia, Africa, and Latin America, advocating for equitable representation in global discussions.

Static GK Information:

Tabular Summary:

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Defence – Daily Current Affairs December 07 & 08

10. Who delivered the Air Marshal Subroto Mukherjee Memorial Oration at the 63rd ISAM Conference?
A) Dr Raja Ramanna
B) Dr VR Lalithambika
C) Dr APJ Abdul Kalam
D) Shri Madhavan Nair
E) Dr Naresh Trehan
Answer: B) Dr VR Lalithambika

Event and Location:

• Event: 63rd Annual Conference of the Indian Society of Aerospace Medicine (ISAM).
• Location: Institute of Aerospace Medicine (IAM), Old Airport Road, Bengaluru.
• Dates: 05–07 December 2024.

Mandates and Objectives:

• Theme: “Collaborate for Research” emphasizes the importance of partnership in advancing Aerospace Medicine and achieving Atmanirbharta in defense.
• Objective: Promote research and innovation in Aerospace Medicine while exploring advancements in space and aviation medicine.

Key Highlights:

• Inaugural Session:
  • Chief Guest: Air Marshal SP Dharkar, Vice Chief of the Air Staff (VCAS).
  • Addressed the importance of collaboration for achieving self-reliance in defense forces.
  • Young academic achievers in Aerospace Medicine were felicitated.
• Air Marshal Subroto Mukherjee Memorial Oration:
  • Delivered by Dr VR Lalithambika, Distinguished Scientist, former Director DHSP, ISRO, and Professor at IIT Madras.
  • Topic: “The Next Giant Leap: Reflections on India’s Human Space Flight Programme”.
• Air Vice Marshal MM Srinagesh Memorial Oration:
  • Delivered by Wg Cdr Karthik Kalyanram (Retd).
  • Topic: “Effective Strategies for Low Resource Settings: Insights from my IAF Journey”.
• Panel Discussions:
  • The Jemi Harmusji Framji Manekshaw Panel featured lectures by:
    • Dr SL Vaya (SASTRA, Rashtriya Raksha University).
    • Dr Hanumantray Baluragi (Director, DHSP, ISRO).
• Scientific Deliberations:
  • Topics included Aviation Medicine, Space Physiology & Medicine, and High Altitude Physiology.
• Historical Context:
  • The orations honor legendary figures in Indian aerospace medicine like Air Marshal Subroto Mukherjee and Air Vice Marshal MM Srinagesh.

Important Terms Explained:

• Aerospace Medicine:
  • A medical discipline focused on the physiological and psychological well-being of individuals involved in aviation and space missions.
• Atmanirbharta:
  • A term meaning self-reliance; a central focus of India’s defense strategy.
• Human Space Flight Programme (HSFP):
  • India’s initiative to develop capabilities for human space exploration.

Static GK Information:

Tabular Summary:

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11. What is the key focus of the 21st India-Russia Inter-Governmental Commission on Military and Military Technical Cooperation (IRIGC-M&MTC)?
A) Discussing global trade and commerce
B) Reviewing military and industrial cooperation
C) Finalizing nuclear power agreements
D) Addressing climate change initiatives
E) Developing space exploration programs
Answer: B) Reviewing military and industrial cooperation

Event and Location:

• Event: 21st India-Russia Inter-Governmental Commission on Military and Military Technical Cooperation (IRIGC-M&MTC).
• Location: Moscow, Russia.
• Dates: December 08–10, 2024.

Mandates and Objectives:

• Focus of the Meeting:
  • Co-chaired by Raksha Mantri Rajnath Singh and Russian Defence Minister Andrey Belousov.
  • Review of India-Russia defense ties, including military-to-military cooperation and industrial partnerships.
  • Discussion on contemporary regional and global issues of mutual interest.
• Key Ceremonial Events:
  • Commissioning of INS Tushil:
    • Date: December 09, 2024.
    • Venue: Yantra Shipyard, Kaliningrad, Russia.
    • Raksha Mantri will commission the Indian Navy’s multi-role stealth guided missile frigate.
    • Accompanied by Chief of Naval Staff Admiral Dinesh K Tripathi.
  • Tributes at ‘The Tomb of the Unknown Soldier’:
    • Raksha Mantri to honor Soviet soldiers who died during World War II.
  • Interaction with the Indian Community:
    • Scheduled to meet and interact with Indian diaspora members in Moscow.

Important Terms Explained:

• INS Tushil:
  • A multi-role stealth guided missile frigate designed for advanced naval warfare.
  • Built as part of India-Russia collaboration in defense manufacturing.
• IRIGC-M&MTC:
  • A key bilateral forum to enhance military and industrial defense cooperation between India and Russia.
• Tomb of the Unknown Soldier:
  • A war memorial in Moscow dedicated to Soviet soldiers who died in World War II.

Static GK Information:

Tabular Summary:

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National Affairs – Daily Current Affairs December 07 & 08

12. What is the primary goal of the Centre’s 100-day campaign related to tuberculosis (TB)?
A) Increase awareness about TB symptoms
B) Distribute free TB medication to rural areas
C) Achieve TB elimination in India by 2025
D) Establish specialized TB treatment centers in urban areas
E) Reduce TB mortality by 50% within two years
Answer: C) Achieve TB elimination in India by 2025

Event and Location:

• Event: Launch of a 100-day nationwide campaign to reduce TB incidence and mortality.
• Location: Panchkula, Haryana.
• Key Officials Present:
  • Union Health Minister JP Nadda
  • Haryana Chief Minister Nayab Singh Saini
  • State Minister Anil Vij

Mandates and Objectives:

• Objective: To eliminate tuberculosis (TB) in India by 2025, five years ahead of the global 2030 deadline under the Sustainable Development Goals (SDGs).
• Key Measures:
  • Focus on 347 high-burden districts.
  • Mandatory notification of TB cases by private practitioners.
  • Enhanced financial and nutritional support under the Ni-kshay Poshan Yojana.

Key Achievements Highlighted:

• Diagnostic facilities expanded from 120 labs in 2014 to 8,293 in 2024.
• Introduction of shorter, more effective TB drug regimens, improving the success rate to 87%.
• Direct Benefit Transfers of ₹3,338 crore to 1.17 crore TB patients under Ni-kshay.
• Increase in Ni-kshay Poshan monthly financial support from ₹500 to ₹1,000, along with added nutritional supplements.
• An 8-fold rise in TB notifications in the private sector due to mandatory reporting.
• TB rate of decline improved from 8.3% in 2015 to 17.7% in 2024.
• Reduction in TB-related deaths by 21.4% over the past decade.

Important Terms Explained:

• Ni-kshay Poshan Yojana:
  • A government initiative to provide financial assistance and nutritional support to TB patients.
  • The monthly financial support under this scheme has been increased to ₹1,000.
• TB Notifications:
  • Mandatory reporting of all TB cases by healthcare providers to improve tracking and ensure proper treatment.

Static GK Information:

Tabular Summary:

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13. What is the primary focus of the Climate Interpretation Park inaugurated in Tamil Nadu?
A) Promoting tourism in Tamil Nadu
B) Providing recreational and cultural activities
C) Creating a carbon and heat sink with native plants
D) Establishing a yoga and meditation center
E) Highlighting Tamil Nadu’s economic progress
Answer: C) Creating a carbon and heat sink with native plants

Event and Location:

• Event: Inauguration of the Climate Interpretation Park and other development projects.
• Location: Kilambakkam, Chennai, Tamil Nadu.

Mandates and Objectives:

• Climate Interpretation Park:
  • Purpose: A unique combination of recreation, culture, and education to address climate challenges.
  • Features:
    • Sculpture garden, play area, yoga and meditation spaces.
    • Archaeological Interpretation Centre and museum.
    • Designed as a carbon and heat sink with native plant species and rainwater reuse systems.
• Other Projects Inaugurated:
  • Omni Bus Station:
    • Location: Near Mudichur, Chengalpattu district.
    • Outlay: ₹42.70 crore.
    • Aim: Improve transportation infrastructure.
  • Mini Clinic:
    • Location: Koyambedu Wholesale Market.
    • Outlay: ₹1 crore.
    • Aim: Enhance healthcare access for local vendors and residents.
• Total Project Cost: ₹58.70 crore for all three initiatives.

Important Terms Explained:

• Carbon and Heat Sink:
  • Ecosystems or features that absorb more carbon dioxide and heat than they release, helping mitigate climate change.
• Archaeological Interpretation Centre:
  • A facility designed to preserve and interpret historical and cultural artifacts, enhancing educational and cultural experiences.

Static GK Information:

Tabular Summary:

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14. What is the primary objective of the MoU signed between NMDFC and DICCI?
A) To provide free education to marginalized communities
B) To promote entrepreneurship among minorities and marginalized communities
C) To improve urban infrastructure in minority-dominated areas
D) To develop rural agricultural sectors
E) To establish government-run businesses for job creation
Answer: B) To promote entrepreneurship among minorities and marginalized communities

Event and Location:

• Event: Signing of MoU between NMDFC and DICCI.
• Location: Nalanda Hall, Dr. Ambedkar International Centre, New Delhi.
• Date: December 07, 2024.
• Chief Guest: Shri Kiren Rijiju, Union Cabinet Minister of Minority Affairs and Parliamentary Affairs.

Mandates and Objectives:

• Primary Focus: Promote entrepreneurship among minorities and marginalized communities to foster socio-economic empowerment and contribute to Atmanirbhar Bharat.
• Key Initiatives Under the MoU:
  • Awareness Programs: Encourage entrepreneurship as a viable career path.
  • Concessional Credit Support: NMDFC to provide financial assistance for self-employment ventures.
  • Policy Advocacy: Work on sustainable business practices and implementation of development policies.
  • Mentorship: DICCI to mentor marginalized entrepreneurs and help them transition from job seekers to job creators.

Key Highlights:

• NMDFC’s Achievements:
  • Since 1994, has supported over 24 lakh families with credit exceeding ₹9,000 crore.
• DICCI’s Role:
  • Renowned for fostering entrepreneurship among marginalized groups, nurturing business leadership, and creating growth opportunities.
• Collaborative Vision:
  • Create an inclusive ecosystem for growth.
  • Focus on sustainable development through entrepreneurship.
  • Inspire youth to pursue entrepreneurial ventures.

Speakers and Statements:

• Shri Kiren Rijiju:
  • Highlighted the partnership as a key step towards Atmanirbhar Bharat, enabling individuals to transform into job creators and role models.
• Padma Shree Dr. Milind Kamble, Chairman of DICCI:
  • Expressed commitment to mentoring marginalized entrepreneurs in collaboration with NMDFC.
• Dr. Chandra Shekhar Kumar, Secretary, Ministry of Minority Affairs:
  • Stressed the importance of convergence of resources and vision to foster inclusion and growth.
• Dr. Abha Rani Singh, CMD, NMDFC:
  • Emphasized nurturing entrepreneurial talent as a means to empower communities.

Important Terms Explained:

• NMDFC (National Minorities Development and Finance Corporation):
  • Established in 1994 to provide concessional credit for self-employment and income generation among minority communities.
• DICCI (Dalit Indian Chamber of Commerce and Industry):
  • An organization promoting entrepreneurship among marginalized groups, fostering economic independence.
• Atmanirbhar Bharat:
  • A vision of a self-reliant India, focusing on empowering individuals and communities to create and sustain economic opportunities.

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15. Who unveiled the 11-ft tall statue of Sardar Vallabhbhai Patel in Jodhpur, Rajasthan, on December 8, 2024?
A) Shri Amit Shah
B) Shri Narendra Modi
C) Shri Gajendra Singh Shekhawat
D) Shri Rajnath Singh
E) Shri Nitin Gadkari
Answer: A) Shri Amit Shah

Event and Location:

• Event: Unveiling of an 11-ft tall statue of Sardar Vallabhbhai Patel.
• Location: Jodhpur, Rajasthan.
• Date: December 8, 2024.
• Chief Guest: Shri Amit Shah, Union Home Minister and Minister of Cooperation.

Mandates and Objectives:

• Honoring Legacy: The statue honors Sardar Patel’s contribution to unifying India and inspiring future generations.
• Symbol of Unity: Sardar Patel’s efforts unified 556 princely states to create a united Indian map.
• National Progress: Many initiatives linked to Sardar Patel’s unfinished work have been completed under PM Modi.

Important Terms Explained:

• Sardar Vallabhbhai Patel:
  • Known as the Iron Man of India, he was instrumental in integrating princely states into India.
  • Advocated for a united India and played a critical role post-independence.
• Article 370:
  • Special status for Jammu & Kashmir, revoked in 2019 to integrate the region fully with India.
• Uniform Civil Code:
  • Advocates for a common personal law across religions in India.
• Statue of Unity:
  • World’s tallest statue, built in Kevadia, Gujarat, as a tribute to Sardar Patel.

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16. Which organization, in association with INSOL India, organized the International Conclave 2024 on “Insolvency Resolution: Evolution & Global Perspective”?
A) Reserve Bank of India
B) Insolvency and Bankruptcy Board of India
C) Ministry of Corporate Affairs
D) State Bank of India
E) INSOL International
Answer: B) Insolvency and Bankruptcy Board of India

Event and Location:

• Event: International Conclave 2024 on “Insolvency Resolution: Evolution & Global Perspective”.
• Location: New Delhi.
• Organizer: Insolvency and Bankruptcy Board of India (IBBI) in association with INSOL India.
• Date: December 8, 2024.

Mandates and Objectives:

• Theme of Conclave: Focused on the evolution and global perspective of insolvency resolution.
• Key Objectives:
  • Highlighting the transformative role of the Insolvency and Bankruptcy Code (IBC) in improving bank asset quality and reducing defaults.
  • Discussing innovative approaches like mediation, creditor-led resolution, and group insolvency mechanisms.
  • Promoting international collaboration and sharing global best practices in insolvency resolution.

Important Terms Explained:

• Insolvency and Bankruptcy Code (IBC):
  • Enacted in 2016, it aims to resolve corporate insolvencies efficiently while maximizing value for creditors.
  • Key reform in India’s banking sector, improving balance sheet quality and reducing bad loans.
• INSOL India:
  • A forum for professionals and experts in insolvency and restructuring to collaborate and share insights.
• Committee of Creditors (CoC):
  • Composed of financial creditors, it plays a pivotal role in corporate insolvency resolution under the IBC.

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17. Which state government has collaborated with EESL to launch three energy efficiency programmes?
A) Tamil Nadu
B) Karnataka
C) Andhra Pradesh
D) Kerala
E) Telangana
Answer: C) Andhra Pradesh

Event and Location:

• Event: Launch of three energy efficiency programmes by the Andhra Pradesh government in collaboration with EESL.
• Location: Vijayawada, Andhra Pradesh.
• Date: December 8, 2024.

Mandates and Objectives:

• URJAVEER Programme:
  • Trains individuals as “Urjaveers” to promote energy-efficient appliances through affiliate-based marketing.
  • Products include BEE 5-star LED bulbs, BLDC fans, air conditioners, and induction cooktops.
• Distribution of Energy-Efficient Appliances:
  • Distributes LED bulbs, LED battens, and BLDC fans to economically vulnerable households under the PMAY scheme.
  • Target: 1.5 lakh households.
• National Efficiency Cooking Programme (NECP):
  • Promotes electric cooking solutions using induction cooktops in Anganwadi Centres.
  • Aims to improve health, safety, and energy efficiency.

Important Terms Explained:

• EESL (Energy Efficiency Services Limited):
  • A joint venture of PSUs under the Ministry of Power, tasked with implementing energy efficiency projects across India.
• Pradhan Mantri Awas Yojana (PMAY):
  • A flagship housing scheme providing affordable housing to economically weaker sections of society.
• BEE (Bureau of Energy Efficiency):
  • A statutory body under the Ministry of Power, responsible for promoting energy-saving standards like 5-star ratings for appliances.

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Over All Review

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