DAILY CURRENT AFFAIRS: DECEMBER 3, 2018

Daily Current Affairs ( December 3, 2018) like many other sections is inevitable and this also helps to score in the Banking awareness , Static GK and Financial Awareness sections. Remember, Banking Awareness and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

NATIONAL

FSSAI launches new campaign to eliminate trans fats by 2022:

The Food Safety and Standards Authority of India (FSSAI) launched a media campaign calling for the elimination of industrially produced trans-fat in the food supply.
Named “Heart Attack Rewind”, the 30-second public service announcement the first mass media campaign of its kind will support FSSAI’s global target of eliminating trans-fat in India by 2022, a year ahead of the global target by the World Health Organization.

Union Agriculture Minister inaugurated Global Agriculture and Food Summit 2018 in Jharkhand:

Union Agriculture Minister Radha Mohan Singh will inaugurate the two-day Global Agriculture and Food summit in Ranchi, Jharkhand.
The focus of the summit will be organic farming.

JHARKHAND

Chief minister: Raghubar Das
Capital: Ranchi
Governor: Draupadi Murmu

President of India presents Standards to 118 Helicopter Unit and Colours to Air Defence College:

The President of India, Shri Ram Nath Kovind, presented Standards to 118 Helicopter Unit and Colours to Air Defence College in Guwahati, Assam. India is seen as an eminent power, expected to play a prominent role in shaping the global paradigm with regards to international security, trade and commerce, and environmental protection.

ASSAM

Capital: Dispur
Chief minister: Sarbananda Sonowal
Governor: Jagdish Mukhi

Bureau of Police Research and Development organized 2nd National Conference of Heads of Investigating Agencies in New Delhi:

Bureau of Police Research and Development will organize the 2nd National Conference of Heads of Investigating Agencies in New Delhi.
The two-day Conference will deliberate on various legal aspects, procedures and use of technology in investigation to improve its quality and secure effective prosecution. The theme of the conference is “Capacity Building of Police Investigators in the Era of New Age Crimes”.

INTERNATIONAL

‘Nomophobia’ declared People’s Word of 2018 by Cambridge Dictionary:

Based on the results of a popular vote, Cambridge Dictionary has named “nomophobia” – the “fear or worry at the idea of being without your mobile phone or unable to use it” as word of the year.

Asia-Pacific Summit 2018 in Nepal:

The Asia Pacific Summit 2018-Nepal, organised by the controversial South Korea-based Universal Peace Federation and supported by the Government of Nepal, kicks off in Kathmandu.
It would help promote tourism and support ‘Visit Nepal Year 2020’ initiative, highlight the successfully concluded peace process and promulgation of new constitution and explore new diplomatic and business opportunities for Nepal.

South African President Cyril Ramaphosa To Be 2019 Republic Day Chief Guest:

South African President Cyril Ramaphosa will be chief guest at India’s 70th Republic Day celebrations. Mr Ramaphosa was invited to be the chief guest by Prime Minister Narendra Modi when the two leaders met on the sidelines of the G20 summit in Argentina’s capital Buenos Aires.

BANKING & BUSINESS

World Bank unveils USD 200 bn in climate action investment for 2021-25:

The World Bank has unveiled 200 billion US Dollars in climate action investment for 2021 to 2025, adding that this amounts to a doubling of its current five-year funding. The move coincides with a UN climate summit in Katowice.

ECB launch TIPS instant payment system:

The European Central Bank has launched a new system aimed at letting banks settle payments instantly across Europe, helping them to compete with PayPal and other global tech giants.
The so-called TIPS system will allow consumers and businesses across the 19-nation euro area to send and receive money in mere seconds, without the usual lags associated with online and real-world transactions.

State Bank of Mauritius gets RBI approval for subsidiary:

The Reserve Bank of India has approved merger of SBM (Mauritius), India with SBM Bank (India), which has been granted licence by the Reserve Bank to carry on the business of banking in India through Wholly Owned Subsidiary (WOS) mode under the Banking Regulation Act, 1949.
All the branches of SBM Bank (Mauritius) Limited in India will function as branches of SBM Bank (India) Limited with effect from December 01, 2018,

AWARDS

3 Best Performing Award under Swachhta Pakhwada of Ministry in Civil Aviation, Government of India:

Based on the swachhta related activities carried out by all the organizations of MoCA, Shri Suresh Prabhu, Minister of Civil Aviation, declared and awarded Pawan Hans Ltd (PHL), Airports Authority of India (AAI) and Indira Gandhi Rashtriya Uran Akademi (IGRUA) as the 3 best performing organizations under MoCA during this Swachhta Pakhwada

‘Outstanding Case Writer’ Award Presented to ICFAI Business School:

The highly prestigious ‘Outstanding Case Writer’ award was presented to the ICFAI Business School (IBS) faculty members at the inaugural Case Collection Managers Meet held at Park Hyatt, Hyderabad.
The award was for the case “Breaking the Code of Silence“, written by Ms. Syeda Maseeha Qumer, Dr. Debapratim Purkayastha, and Dr. Vijaya N. Zinnoury (University of Denver, USA). To win the ‘Outstanding Case Writer‘ award, one has to beat off competition from the best-case writers in the world, as the case can be about any management topic cutting across disciplines.

APPOINTMENTS

Raninder Singh becomes first Indian to be elected ISSF’s vice-president:

Raninder Singh has become the first Indian to be elected one of the four vice-presidents of the International Shooting Sport Federation.
The 51-year-old Raninder also heads the National Rifle Association of India.

NGT appoints former HC judge U C Dhyani to monitor Ganga cleaning

The National Green Tribunal has appointed former Uttarakhand High Court judge, Justice U C Dhyani, as head of the three-member committee to oversee rejuvenation work of the Ganga river.
A bench headed by chairperson A K Goel had earlier named Justice Arun Tandon as head of the panel which was set up on August 6 this year.

Andrés Manuel López Obrador became first leftist president of Mexico:

Andres Manuel Lopez Obrador has been sworn in as first leftist president of Mexico, starting his six-year term with a promise to end the corruption, poverty and extreme violence that have plagued the country for more than a decade.

AS Rajeev appointed MD & CEO of Bank of Maharashtra:

State-owned Bank of Maharashtra has announced that A S Rajeev has joined the lender as its Managing Director & Chief Executive Officer.
Rajeev is having about three decades of professional experience in three banks Syndicate Bank, Vijaya Bank and Indian Bank.

IOC sets up human rights advisory committee starting in 2024:

The IOC has set up an advisory committee on human rights chaired by Zeid Ra’ad al-Hussein, the former U.N. high commissioner for human rights.
“Human Rights Standards” will be included in Olympic host-city contracts, beginning with the 2024 Games in Paris.

SPORTS

Wrestling Federation of India rolls out contracts system for Wrestlers:

The Wrestling Federation of India (WFI) rolled out its revolutionary contracts system for the grapplers. The announcement was made by WFI President Brij Bhushan Sharan Singh in the presence of Uttar Pradesh Chief Minister Yogi Aditya Nath, who inaugurated the Senior National Championship at Nandini Nagar in Gonda. The wrestlers have been placed in four Grades.
Grade A offers financial assistance of 30 lakh rupees – Bajrang Punia, Vinesh Phogat and Pooja Dhanda.
Grade B contract offers a financial assistance of 20 lakh rupees – Sushil Kumar and Sakshi Malik
Grade C category offers support of 10 lakh rupees – Sandeep Tomar, Sajan Bhanwal, Ritu Phogat, and Divya Kakran.
Grade D category offers a financial assistance of 5 lakh rupees – Rahul Aware, Naveen, Sachin Rathi, and Anshu Malik.

Women’s Pro Golf Tour: Ridhima Dilawari wins maiden professional title

In Golf, Ridhima Dilawari captured her maiden professional title at the Noida Golf Course. She cruised to a five-shot win in the 17th leg of the Hero Women’s Pro Golf Tour.
Vinesh Phogat and Sakshi Malik won gold in Tata Motors Senior National Championship:

In Wrestling, Vinesh Phogat capped a highly successful season by grabbing the 57-kilogram national title at the Tata Motors Senior National Championship in Gonda, Uttar Pradesh.
Sakshi Malik ended a terrible year by emerging champion in the 62 kilograms. She did a world of good to her confidence by winning the title in the 62-kilogram without losing a single point.

IMPORTANT EVENTS OF THE DAY

World Computer Literacy Day: December 2:

World Computer Literacy Day has been celebrated annually on December 2nd of every year. World Computer Literacy Day was founded by Indian computer company NIIT to mark its 20th anniversary in 2001.

International Day for Abolition of Slavery: December 2

The International Day for Abolition of Slavery will be marked on December 2 every year and it is marking the 32nd anti-slavery day.

International Day of Persons with Disabilities: 3 December

International Day of Persons with Disabilities celebrated on December 3^rd every year, is an international observance promoted by the United Nations since 1992. It has been observed with varying degrees of success around the planet.
Theme: “Empowering persons with disabilities and ensuring inclusiveness and equality”.

OBITUARY