Daily Current Affairs December 10

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December 10 | Daily Current Affairs 2024

Important Days – Daily Current Affairs December 10

1. What is the theme for Human Rights Day 2024?
A) Building Bridges for Equality
B) Equality for All
C) Our Rights, Our Future, Right Now
D) Together for Justice
E) Transforming Lives Today
Answer: C) Our Rights, Our Future, Right Now

Event and Location:

  • Event: Human Rights Day 2024
  • Date: December 10, 2024
  • Location: Observed globally

Mandates and Objectives:

  • Purpose:
    • Marks the adoption of the Universal Declaration of Human Rights (UDHR) in 1948 by the UN.
    • Focuses on promoting and safeguarding rights that ensure equality and dignity for all individuals.
  • Key Highlights:
    • Protects marginalized and vulnerable communities from injustice and harm.
    • Prevents abuses, violence, and discrimination while promoting fairness.
    • Encourages global empowerment to build peaceful and inclusive societies.

Important Terms Explained:

  • Universal Declaration of Human Rights (UDHR):
    • Adopted on December 10, 1948, by the United Nations.
    • Provides a universal framework for basic rights applicable to all individuals.
  • Human Rights Council:
    • A UN body consisting of 47 member countries.
    • Works on monitoring, protecting, and enforcing human rights globally.

Static GK Information:

Titbits

United Nations (UN):

  • Founded: October 24, 1945
  • Secretary-General: António Guterres
  • Headquarters: New York, USA

Human Rights Council:

  • Founded: March 15, 2006
  • Headquarters: Geneva, Switzerland
  • President: Václav Bálek

Tabular Summary:

Detail Information
Event Human Rights Day 2024
Date December 10, 2024
Theme Our Rights, Our Future, Right Now
Key Document Universal Declaration of Human Rights (1948)
Responsible Body United Nations Human Rights Council
Significance Promotes dignity, equality, and protection of rights for all

Sports – Daily Current Affairs December 10

2. Who is the youngest Indian to defeat a chess Grandmaster in a classical match?
A) Viswanathan Anand
B) Aarit Kapil
C) Praggnanandhaa Rameshbabu
D) Nihal Sarin
E) Ashwath Kaushik
Answer: B) Aarit Kapil

Event and Location:

  • Event: KIIT International Open Chess Tournament
  • Date: Ninth round, December 2024
  • Location: Bhubaneswar, Odisha

Mandates and Objectives:

  • Purpose of the Tournament:
    • A platform for chess players globally to compete and showcase their skills.
    • Enables young prodigies like Aarit Kapil to make significant strides in competitive chess.
  • Key Highlight:
    • Aarit Kapil defeated Grandmaster Raset Ziatdinov from the USA at the age of 9 years, 2 months, and 18 days.

Important Terms Explained:

  • Grandmaster:
    • The highest title awarded by FIDE, the International Chess Federation.
    • Achieving a win over a Grandmaster is a significant accomplishment in chess.
  • Endgame:
    • The phase of a chess game where few pieces are left, requiring precise calculation to convert an advantage into a win.

Static GK Information:

Titbits

KIIT International Open Chess Tournament:

  • Location: Bhubaneswar, Odisha
  • Founded: Organized annually by Kalinga Institute of Industrial Technology (KIIT)

Aarit Kapil:

  • Origin: Delhi, India
  • Grandmaster Raset Ziatdinov
  • Nationality: United States
  • Age: 66 years

Odisha:

  • Capital: Bhubaneswar
  • CM: Naveen Patnaik
  • Governor: Ganeshi Lal

Tabular Summary:

Detail Information
Event KIIT International Open Chess Tournament
Date December 2024
Location Bhubaneswar, Odisha
Achievement Youngest Indian to defeat a Grandmaster
Record Holder Aarit Kapil (9 years, 2 months, 18 days)
Opponent Grandmaster Raset Ziatdinov (USA)
Moves Played 63
Next Challenge Under-13 Nationals in Durgapur and Under-9 Nationals in Pune

Obituary – Daily Current Affairs December 10

3. S.M. Krishna served as the Chief Minister of Karnataka during which period?
A) 1994–1999
B) 1999–2004
C) 2004–2009
D) 2012–2017
E) 1989–1993
Answer: B) 1999–2004

Event and Location:

  • Event: Demise of S.M. Krishna
  • Date: December 10, 2024
  • Location: Bengaluru, Karnataka

Mandates and Objectives:

  • Significant Roles Held by S.M. Krishna:
    • 16th Chief Minister of Karnataka: From October 11, 1999, to May 28, 2004 (Congress).
    • External Affairs Minister: Served from 2009 to 2012 in the UPA government.
    • Governor of Maharashtra: Held the post from 2004 to 2008.
    • Speaker of the Karnataka Legislative Assembly: From December 1989 to January 1993.
  • Political Journey:
    • Started his electoral career in 1962 as an independent MLA from Maddur.
    • Member of the Praja Socialist Party, later joined the Congress, and shifted to the BJP in 2017.
    • Played a pivotal role in the rise of Bengaluru as India’s Silicon Valley through IT sector initiatives during his tenure as CM.

Important Terms Explained:

  • Fulbright Scholar:
    • A prestigious educational exchange program funded by the U.S. government.
    • Awarded to S.M. Krishna for his law studies in the USA.
  • India’s Silicon Valley:
    • Bengaluru is often referred to as India’s Silicon Valley due to its booming IT sector.
    • The significant push came under S.M. Krishna’s leadership during his tenure as CM.

Static GK Information:

Titbits

Karnataka:

  • Capital: Bengaluru
  • CM: Siddaramaiah
  • Governor: Thaawar Chand Gehlot

S.M. Krishna:

  • Born: May 1, 1932, in Somanahalli, Mandya district, Karnataka
  • Political Affiliations: Congress, BJP
  • Key Contributions: Development of IT sector in Bengaluru, External Affairs leadership

Tabular Summary:

Detail Information
Event Passing of S.M. Krishna
Date of Demise December 10, 2024
Age 92
Key Positions Held Karnataka CM, External Affairs Minister, Governor of Maharashtra
Major Achievement Boosting Bengaluru’s IT sector
State Mourning Three days declared by Karnataka Government
Cremation December 11, 2024, in Mandya, Karnataka

 

Banking and Finance – Daily Current Affairs December 10

4. Where did Karnataka Bank launch its first ‘Retail Assets Centre’ (RAC)?
A) Mangaluru
B) Bengaluru
C) Mysuru
D) Hubli
E) Belgaum
Answer: B) Bengaluru

Event and Location:

  • Event: Launch of Karnataka Bank’s first Retail Assets Centre (RAC)
  • Date: December 10, 2024
  • Location: JP Nagar, Bengaluru

Mandates and Objectives:

  • Purpose of RAC:
    • Serve as a centralized hub for handling retail asset-related applications.
    • Facilitate smoother interaction for channel partners through a dedicated interface.
  • Key Features of RAC:
    • Simplified Submission: Enables channel partners to easily submit loan applications.
    • Faster Processing: Speeds up the approval and processing of retail loans.
    • Real-Time Tracking: Allows tracking of submitted applications until closure.
    • Service Point: Provides a dedicated support system for resolving partner queries.

Static GK Information:

Titbits

Karnataka Bank:

  • Headquarters: Mangaluru, Karnataka
  • MD & CEO: Srikrishnan H
  • Tagline: Your Family Bank Across India

Tabular Summary:

Detail Information
Event Launch of Retail Assets Centre (RAC)
Bank Karnataka Bank
Location JP Nagar, Bengaluru
Purpose Simplify and speed up retail loan processing
Key Benefits Easier submission, real-time tracking, faster processing, and query resolution

Business and Economy – Daily Current Affairs December 10

5. Which of the following acquisitions was recently approved by the Competition Commission of India (CCI)?
A) Thyssenkrupp Electrical Steel India by Jsquare Electrical Steel Nashik
B) Shareholding in VVDN Technologies by India Business Excellence Fund-IV
C) Covestro AG by Abu Dhabi National Oil Company
D) Stake in Bagmane Developers and Bagmane Rio by BREP Asia III India Holding
E) All of the above
Answer: E) All of the above

Event and Location:

  • Event: Approval of multiple acquisitions by the Competition Commission of India (CCI)
  • Date: December 10, 2024
  • Location: Announced via PIB, Delhi

Mandates and Objectives:

  • The CCI, a statutory body tasked with ensuring fair competition in India, recently approved the following notable transactions:
  1. Acquisition of Thyssenkrupp Electrical Steel India by Jsquare Electrical Steel Nashik:
    • Jsquare is a wholly-owned subsidiary of JSW JFE Electrical Steel Private Limited (J2ES).
    • J2ES, a joint venture between JSW Steel and JFE Steel, plans to manufacture grain-oriented electrical steel (GOES) in India starting 2027.
    • Thyssenkrupp India specializes in the manufacturing and sale of GOES.
  2. Acquisition of Shareholding in VVDN Technologies by India Business Excellence Fund-IV:
    • India Business Excellence Fund-IV is a SEBI-registered Category II Alternative Investment Fund.
    • It provides growth capital to mid-sized companies across various sectors.
    • VVDN Technologies offers Electronic Manufacturing Services (EMS) and Original Design Manufacturing (ODM) in areas like 5G, IoT, and cloud infrastructure.
  3. Acquisition of Covestro AG by Abu Dhabi National Oil Company (ADNOC):
    • ADNOC Group plans a 100% acquisition of Covestro AG through an all-cash public takeover and a subsequent capital increase.
    • ADNOC is an integrated energy and petrochemical giant, while Covestro AG focuses on high-performance polymer materials and solutions.
  4. Acquisition of Stake in Bagmane Developers and Bagmane Rio by BREP Asia III India Holding:
    • The acquirer, an affiliate of Blackstone Inc., specializes in investment holding.
    • The target entities are involved in real estate development, leasing, and renewable energy generation.

Important Terms Explained:

  1. Competition Commission of India (CCI):
    • Ensures competition laws are followed in India.
    • Approves mergers and acquisitions to maintain fair trade practices.
  2. Grain-Oriented Electrical Steel (GOES):
    • A specialty steel used in transformers and electrical devices.
  3. Alternative Investment Fund (AIF):
    • A pooled investment fund, typically focused on specialized assets like private equity or real estate.
  4. Public Takeover Offer:
    • A public proposal by an entity to acquire a significant portion of a company’s shares.

Static GK Information:

Titbits

Competition Commission of India (CCI):

  • Founded: October 14, 2003
  • Headquarters: New Delhi
  • Chairperson: Ravneet Kaur

JSW Group:

  • Headquarters: Mumbai, Maharashtra
  • Chairman: Sajjan Jindal

Blackstone Inc.:

  • Headquarters: New York, USA
  • Founded: 1985
  • CEO: Stephen A. Schwarzman

Abu Dhabi National Oil Company (ADNOC):

  • Headquarters: Abu Dhabi, UAE
  • Founded: 1971
  • CEO: Sultan Ahmed Al Jaber

Tabular Summary:

Transaction Acquirer Target Key Highlights
Acquisition of Thyssenkrupp Electrical Steel India Jsquare Electrical Steel Nashik Thyssenkrupp Electrical Steel India 100% share acquisition; focus on grain-oriented electrical steel (GOES).
Acquisition of Shareholding in VVDN Technologies India Business Excellence Fund-IV VVDN Technologies Investment in EMS/ODM services in sectors like 5G and IoT.
Acquisition of Covestro AG Abu Dhabi National Oil Company (ADNOC) Covestro AG Public takeover and capital increase for polymer solutions.
Acquisition of Stake in Bagmane Developers and Bagmane Rio BREP Asia III India Holding (Blackstone Inc.) Bagmane Developers and Bagmane Rio Focused on commercial real estate and renewable energy.

Appointments – Daily Current Affairs December 10

6. Who has been given the additional charge of the Revenue Department in December 2024?
A) Sanjay Malhotra
B) Ajay Seth
C) Nirmala Sitharaman
D) T. V. Somanathan
E) Kamal Narang
Answer: B) Ajay Seth

Event and Location:

  • Event: Ajay Seth, Economic Affairs Secretary, assumes additional charge of the Revenue Department.
  • Date: December 10, 2024
  • Location: New Delhi, India

Mandates and Objectives:

  • Reason for the Change:
    • Outgoing Revenue Secretary Sanjay Malhotra has been appointed as the Governor of the Reserve Bank of India, effective December 11, 2024.
  • Immediate Tasks for Ajay Seth:
    • Conduct the upcoming GST Council meeting.
    • Finalize the review of the Income Tax Act ahead of the Union Budget 2024–25, scheduled for February.

Static GK Information:

Titbits

Department of Economic Affairs:

  • Secretary: Ajay Seth
  • Role: Handles the country’s economic policies, capital markets, and fiscal matters.

Department of Revenue:

  • Previous Secretary: Sanjay Malhotra
  • Key Responsibility: Administers direct and indirect taxes, GST, and customs.

Reserve Bank of India (RBI):

  • Governor: Sanjay Malhotra (Appointed December 11, 2024)
  • Headquarters: Mumbai, Maharashtra
  • Founded: April 1, 1935

Tabular Summary:

Detail Information
Event Ajay Seth assumes additional charge of Revenue
Outgoing Revenue Secretary Sanjay Malhotra
New Role for Sanjay Malhotra Governor, Reserve Bank of India
Immediate Tasks for Ajay Seth Conduct GST Council meeting, review Income Tax Act
Location New Delhi

Awards – Daily Current Affairs December 10

7. Who was chosen for the J C Daniel Award for 2023?
A) T V Chandran
B) K S Chithra
C) Vijayaraghavan
D) Shaji N Karun
E) C Ajoy
Answer: D) Shaji N Karun

Event and Location:

  • Event: J C Daniel Award for 2023
  • Date Announced: December 9, 2024
  • Location: Thiruvananthapuram, Kerala

Mandates and Objectives:

  • About the Award:
    • The J C Daniel Award is the highest honor in Malayalam cinema, instituted by the Kerala government.
    • Includes a cash prize of ₹5 lakh, a citation, and a statuette.
  • Achievements of Shaji N Karun:
    • Made significant contributions to the growth of Malayalam cinema at both national and international levels.
    • Known for infusing creative energy into new wave Malayalam cinema.
    • Directed acclaimed films like:
      • Piravi(1988): Screened at 70 international festivals.
      • Swaham (1994): Nominated for the Palme d’Or at Cannes Film Festival.
      • Vanaprastham (1999): Screened at Cannes.

Important Terms Explained:

  • New Wave Cinema:
    • A cinematic movement that focuses on innovative and artistic filmmaking, often tackling socio-political themes.
    • Shaji N Karun played a pivotal role in this movement within Malayalam cinema.
  • Palme d’Or:
    • The highest prize awarded at the Cannes Film Festival, given to the best film of the competition.
  • J C Daniel Award:
    • Named after J C Daniel, the father of Malayalam cinema.
    • Recognizes lifetime achievements in contributing to the Malayalam film industry.

Static GK Information:

Titbits

Kerala:

  • Capital: Thiruvananthapuram
  • CM: Pinarayi Vijayan
  • Governor: Arif Mohammed Khan

Shaji N Karun:

  • Current Position: Chairman of Kerala State Film Development Corporation (KSFDC)
  • Awards:
    • Padma Shri (India’s fourth-highest civilian award).
    • Order of Arts and Letters (French honor).
    • National Film Awards: 7
    • Kerala State Film Awards: 7

Tabular Summary:

Detail Information
Award J C Daniel Award 2023
Recipient Shaji N Karun
Announcement Date December 9, 2024
Prize Details ₹5 lakh, citation, statuette
Notable Films Piravi, Swaham, Vanaprastham, Kutty Srank
Contributions Pioneer of new wave Malayalam cinema
Current Position Chairman of Kerala State Film Development Corporation

Science and Technology – Daily Current Affairs December 10

8. What is the key feature of the Bluetooth Low Energy (BLE) Gateway developed by IIT Ropar’s iHub AWaDH?
A) Limited scalability for small IoT networks
B) High power consumption for extended use
C) Long-range communication up to 1 km in line-of-sight
D) Wired connectivity only
E) No data encryption capabilities
Answer: C) Long-range communication up to 1 km in line-of-sight

Event and Location:

  • Event: Launch of BLE Gateway by iHub AWaDH
  • Date: December 10, 2024
  • Location: IIT Ropar, Punjab

Mandates and Objectives:

  • Mandate:
    • Part of the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) under the Department of Science and Technology (DST), Government of India.
    • Funded with ₹110 Crore for developing cutting-edge technology to enhance IoT applications across sectors.
  • Objective:
    • To create cost-effective, scalable, and durable solutions for IoT-based data collection and transmission in agriculture, logistics, smart cities, and industrial sites.

Key Features of BLE Gateway:

  • Robust Connectivity: Compatible with 4G, WiFi, and LAN for diverse networking needs.
  • Long-Range Communication: Supports data transmission up to 1 km (line-of-sight).
  • Data Aggregation: Collects data from multiple nodes for streamlined analysis.
  • Weatherproof and Compact Design: Durable in harsh conditions and easy to install.
  • Wireless and Energy-Efficient: Reduces costs and supports prolonged operation.
  • Scalability: Supports over 100 connected BLE nodes.
  • Firmware Over-The-Air (FOTA): Enables remote updates.
  • Enhanced Features: Includes RTC, USB charging, humidity/temperature sensors, and more.

Value Propositions:

  • Energy Efficiency: BLE ensures extended battery life and reduced energy costs.
  • Seamless Integration: Compatible with mobile apps and cloud platforms.
  • Data Security: BLE encryption ensures secure transmissions.
  • Cost-Effectiveness: Durable, weather-resistant materials reduce maintenance costs.

Impact Across Sectors:

  • Agriculture:
    • Monitors soil moisture and air quality for precision farming.
    • Promotes sustainable practices by optimizing resource use.
  • Logistics:
    • Ensures environmental monitoring for perishable goods in cold storage and transit.
    • Reduces spoilage risks through customizable alerts.
  • Smart Cities and Industrial Sites:
    • Facilitates large-scale monitoring networks.
    • Enhances operational efficiency and security with real-time alerts.

Static GK Information:

Titbits

IIT Ropar:

  • Established: 2008
  • Location: Rupnagar (Ropar), Punjab
  • Director: Rajeev Ahuja

Department of Science and Technology (DST):

  • Established: May 3, 1971
  • Headquarters: New Delhi
  • Minister: Jitendra Singh

Tabular Summary:

Feature Details
Event Launch of BLE Gateway by iHub AWaDH
Developed By IIT Ropar under NM-ICPS by DST
Key Features Long-range communication, data aggregation, weatherproof design
Primary Sectors Agriculture, logistics, smart cities, industrial sites
Significance Energy-efficient, scalable IoT technology, secure data transmission

International Affairs – Daily Current Affairs December 10

9. What is the primary objective of the MoU between the Geological Survey of India (GSI) and CNR-IRPI, Italy?
A) Collaboration in mining technologies
B) Enhancing India’s Landslide Early Warning Systems (LEWS)
C) Development of earthquake prediction systems
D) Establishing a joint climate research center
E) Collaboration in water resource management
Answer: B) Enhancing India’s Landslide Early Warning Systems (LEWS)

Event and Location:

  • Event: Approval of the MoU between GSI and CNR-IRPI by the Union Cabinet
  • Date Approved: December 6, 2024
  • Announced On: December 10, 2024
  • Location: India and Italy

Mandates and Objectives:

  • Purpose of the MoU:
    • Enhance landslide prediction and early warning capabilities in India.
    • Integrate advanced techniques developed by CNR-IRPI, Italy, with India’s existing frameworks.
    • Scale up India’s Landslide Early Warning Systems (LEWS) to international standards.
  • Vision of the Collaboration:
    • Improve India’s preparedness for landslide events, reducing vulnerability and saving lives.
    • Enhance National Landslide Forecasting (NLFC) capabilities in predicting, monitoring, and mitigating landslide risks across India’s landslide-prone regions.

Key Features of the Collaboration:

  • Geological Survey of India (GSI):
    • Operates a National Landslide Forecasting (NLFC) facility in Kolkata.
    • Provides live forecasting for Kalimpong and Darjeeling districts (West Bengal) and Nilgiri district (Tamil Nadu).
    • Ground testing underway in 13 additional districts.
  • CNR-IRPI, Italy:
    • Specializes in developing high-resolution regional LEWS models with nowcasting capabilities.
  • Outcomes Expected:
    • Improved integration of GSI’s landslide susceptibility maps with the PM Gati Shakti infrastructure initiative.
    • Expansion of LEWS coverage to additional districts with higher spatial and temporal accuracy.
    • Strengthened resilience of hilly terrains to ensure sustainable development and environmental protection.

Important Terms Explained:

  • Landslide Early Warning Systems (LEWS):
    • A system designed to predict and provide early warnings of landslides, enabling proactive disaster management.
    • Combines real-time data, weather forecasts, and terrain susceptibility maps for precise predictions.
  • Nowcasting:
    • A prediction model focusing on immediate and short-term forecasting based on current conditions.
  • PM Gati Shakti:
    • A national master plan to integrate infrastructure development and logistics, improving efficiency and sustainability.

Static GK Information:

Titbits

Geological Survey of India (GSI):

  • Founded: 1851
  • Headquarters: Kolkata, West Bengal
  • Director General: Dr. S. Raju

CNR-IRPI (Research Institute for Geo-Hydrological Protection), Italy:

  • Established: 1970
  • Headquarters: Perugia, Italy

Tabular Summary:

Detail Information
MoU Partners Geological Survey of India (GSI) and CNR-IRPI, Italy
Purpose Collaboration in Landslide Prediction and Early Warning Systems
Key Facility in India National Landslide Forecasting Center (NLFC), Kolkata
Focus Areas in India Kalimpong, Darjeeling (WB), and Nilgiri (TN) districts
Significance Enhanced LEWS coverage, reduced risks, sustainable development
Integration LEWS data with PM Gati Shakti initiative


Over All Review

Important Days

  • Human Rights Day 2024 is observed on December 10 globally.

Sports 

  • Aarit Kapil, at age 9, defeats Grandmaster Raset Ziatdinov at KIIT Chess Tournament.

Obituary

  • S.M. Krishna, former Karnataka CM and External Affairs Minister, passed away at 92.

Banking and Finance 

  • Karnataka Bank launches its first Retail Assets Centre (RAC) in Bengaluru.

Business And Economy

  • CCI approves acquisitions involving Thyssenkrupp, VVDN Technologies, Covestro AG, and Bagmane Developers.

Appointments

  • Ajay Seth takes additional charge as Revenue Secretary; Sanjay Malhotra to lead RBI.

Awards 

  • Shaji N Karun receives the J C Daniel Award 2023 for lifetime contributions to Malayalam cinema.

Science and Technology

  • IIT Ropar’s iHub AWaDH launched BLE Gateway for scalable IoT applications.

International Affairs

  • GSI partners with Italy’s CNR-IRPI for landslide prediction and early warnings.

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