DAILY CURRENT AFFAIRS: DECEMBER 1, 2018
DAILY CURRENT AFFAIRS: DECEMBER 1, 2018
Daily Current Affairs ( December 1, 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.
HM Rajnath Singh to inaugurate 19th Hornbill Festival in Nagaland:
- Union Home Minister Rajnath Singh will inaugurate the 19th Hornbill Festival at Kisama village near state capital Kohima in Nagaland.
- Nagaland Governor PB Acharya will be the chief host, while US Ambassador to India Kenneth I Juster has been invited as the guest of honour.
- The fest aims to display the rich traditions and the vibrant culture of Nagaland through colourful performances, crafts, sports, food fairs, games and ceremonies.
Capital : Kohima, Guwahati (Judiciary)
Chief Minister : Neiphiu Rio
Governor : Padmanabha Acharya
NGT forms committee to prepare scrapping of banned diesel, petrol vehicles:
- The National Green Tribunal forms a committee for dealing with scrapping of banned petrol and diesel vehicles .
- The green panel directed the Delhi chief secretary to take steps and prepare an action plan for shifting the scrap yards from busy localities of the city to other appropriate locations, within three months.
- The committee will consist of the secretary, Ministry of Road Transport, central government with representatives from the Central Pollution Control Board (CPCB), Environment Ministry and the Delhi government.
Chairman : Swatanter Kumar
IIT Kharagpur, University of Auckland ink pact for research tie-up:
- IIT Kharagpur and the University of Auckland signed a pact to foster academic exchange and research collaboration.
- As per the Memorandum of Understanding – the first strategic partnership of University of Auckland with a higher education in India – the two educational establishments would explore opportunities for research in healthcare technologies, new materials, cyber security and artificial Intelligence.
- The government of Karnataka has partnered with France-based utility company SUEZ, Bengaluru Water Supply and Sewerage Board (BWSSB) and Paris-headquartered innovation hub NUMA, to launch ‘DataCity Open Innovation Programme’ in collaboration with startups and corporates.
- The idea behind the collaboration is to solve for challenges faced by global cities, with regards to smart mobility, water and waste management, energy, smart buildings, transparency and security, and pollution management.
- According to Shyam J Bhan, MD and CEO, SUEZ India, the collaboration with NUMA will support the group’s digital strategy for the development of resilient and sustainable cities.
STATIC : KARNATAKA
Chief minister : H. D. Kumaraswamy
Capital : Bengaluru
Mumbai’s largest sewage treatment plant gets green ministry nod:
- Dr.Harsh vardhan, Minister of Environment, Forest and Climate Change has given a go ahead to the city’s largest sewage treatment plant (STP), worth Rs 2,020 crore, to come up in Malad. The sewage treatment plant will come up on 35 hectares of mangrove land.
- At present, the STP, a part of the BMC’s Mumbai Sewage Disposal Project II has received clearance for re-plantation on 24 hectares between Malad to Thane creek
Abu Dhabi to Host 2nd India-UAE Strategic Conclave:
- Abu Dhabi, the UAE capital, will host a major day-long conclave to discuss the economic relations between India and the UAE .
- The conclave will identify new rewarding sectors in order to widen the scope of bilateral investments.
- The second edition of Economic Times India-UAE Strategic Conclave is held under the patronage and presence of Sheikh Nahyan Bin Mabarak Al Nahyan, the UAE Minister of Tolerance.
Australia 1st to recognise ‘orphanage trafficking’ as slavery:
- Australia has become the first country in the world to recognise ‘orphanage trafficking’ as a form of modern slavery.
- Children from smaller countries are recruited in orphanages in the West for the purpose of profit through foreign aid.
- As per estimates, 80% of children living in the world’s orphanages have at least one living parent.
Global Water Monitor & Forecast Watch List released by IScience (US based limited liability Corporation):
- Global Water Monitor & Forecast Watch List has been released by IScience (US based limited liability Corporation). As per the report, water deficits will increase and intensify in India in 2019.
- The findings are based on ISciences Water Security Indicator Model (WSIM).The model analyses global water anomalies using observed temperature and precipitation.The monsoon rain deficits, caused due to the effect of El Niño, have caused drought-like conditions in almost a third of Indian districts.
- The months of May through July (2019), indicates primarily moderate deficits in India and some surpluses in Jammu and Kashmir, northern Pakistan, along the Gandaki River in central Nepal, and pockets of Tamil Nadu.
BANKING & BUSINESS
SEBI issues norms for interoperability among clearing corporations
- With an aim to reduce trading costs, regulator Sebi came out with a framework for interoperability among clearing corporations (CCPs), which will be operationalised by 1 June 2019.
- Interoperability framework will be applicable to all the recognised CCPs excluding those operating in International Financial Services Centre.
Head Quarters : Mumbai
CEO : UK Sinha
Chairman : Ajay Tyagi
Non-food bank credit grows at 15.6%: RBI
- According to RBI data , the total credit flow from banks to the commercial sector grew at 15.6 per cent year-on-year at Rs 97.32 trillion the highest growth since demonetization.
- The adjusted non-food bank credit stood at Rs 84.22 trillion in the year-ago fortnight.Adjusted non-food bank credit includes non-food bank credit and total non-statutory liquidity ratio (SLR) investments of banks in commercial papers, shares and bonds/debentures.
- The higher growth in advances comes at a point when 11 banks are under RBI’s PCA framework, which restricts them from fresh lending
- Bank credit was lowest during the November 2016 to March 2017 period, following the government’s move to demonetise high-value currency notes.
Abhinav Bindra Becomes First Indian To Be Honoured With Shooting’s Top Award:
- Abhinav Bindra, the 2008 Olympic gold medallist was conferred with shooting’s highest award by the International Shooting Sport Federation (ISSF) at the General Assembly in Munich.
- The 36-year-old Bindra had created history during the Beijing Olympics when he became the first Indian individual to clinch a gold medal. The Zirakpur-born Bindra also remains the lone Indian till date to clinch the gold at the Olympics.
4 Indian-origin women in Forbes top female US tech moguls’ list:
- Four Indian-origin women have been named by Forbes among America’s top 50 female technology moguls, a list that includes tech heavyweights IBM CEO Ginni Rometty and Netflix executive Anne Aaron.
- Padmasree Warrior, former Chief Technology Officer (CTO) of Cisco; Komal Mangtani, senior director at app-cab aggregator Uber; Neha Narkhede, Chief Technology Officer and co-founder of streaming platform Confluent; and Kamakshi Sivaramakrishnan, CEO and founder of identity-management company Drawbrige; are in the list.
Renowned flautist Keshav Ginde conferred with Pt. Bhimsen Joshi award:
- Renowned flautist Pandit Keshav Ginde will be conferred this year’s prestigious Bharat Ratna Pandit Bhimsen Joshi Lifetime Achievement Award for Classical Music, Maharashtra’s Cultural Affairs Minister Vinod Tawde.
- The annual award, instituted by Maharashtra, honours maestros in classical music and singing, and carries a cash award of Rs 500,000, a memento and a citation.
- The Bharat Ratna Pandit Bhimsen Joshi Lifetime Achievement Award for Classical Music has earlier been conferred on maestros like Kishori Amonkar, Pandit Jasraj, Prabha Atre, Pt. Ram Narain, Parveen Sultana, and Manik Bhide.
Uttarakhand adjudged ‘best state’ at IITF Delhi:
- Uttarakhand was adjudged the best state at the 38th India International Trade Fair, New Delhi, which showcased reconstruction work done at Kedarnath in recent months besides steps taken by the state government to boost tourism and promote local products like organic honey.
- Director Industries Sudhir Chandra Nautiyal received the award on behalf of the state government from Union Minister of Commerce and Industry Suresh Prabhu.
Prithiviraj elected as FMSCI president:
- Coimbatore Auto Sports Club’s J. Prithiviraj was unanimously elected as President of The Federation of Motor Sports Clubs of India at its annual meeting.
- For the first time in recent history, the president and vice-president (Karnataka Motor Sports Club’s Shivu Shivappa) were elected unopposed, underlining the rising solidarity within the body and the desire among all stakeholders to drive motorsports as one strong force.
Earl Eddings named Cricket Australia Board’s new chairman:
- Earl Eddings was named the new permanent chairman of Cricket Australia (CA) by the board after taking up the post on a temporary basis when David Peever was forced to resign.
K Krishnankutty sworn in as new Water Resources Minister of Kerala:
- The JD(S) leader K Krishnankutty was sworn in after his party colleague Matthew Thomas submitted his resignation from the cabinet post.
- Janata Dal-Secular leader and Chittur MLA K Krishnankutty was sworn in as the new Minister for Water Resources in the Kerala government.The oath of office and secrecy was administered by Kerala governor P Sathasivam.
Magnus Carlsen Retains His Title as World Chess Champion:
- Magnus Carlsen Retains His Title As World Chess Champion Carlsen, a 27-year-old Norwegian, has held the title since 2013.
- He defeated Fabiano Caruana, who would have been the first U.S. citizen to win the world title since Bobby Fischer.
- Magnus Carlsen won three successive rapid-chess tiebreakers in the four-match series against Fabiano Caruana.
World War II veteran, social activist Harry Leslie Smith dies at 95:
- British World War II veteran and political activist Harry Leslie Smith has died. He was 95.
- Smith was an outspoken human rights activist with a Twitter following of more than 250,000. He had come to prominence in recent years with his advocacy of the National Health Service and the need to protect refugees.
Senior AIR broadcaster Ashutosh Jain passes away:
- Senior Hindi News Reader of All India Radio, Ashutosh Jain passed away in New Delhi. He was 60.
- Ashutosh Jain, who joined the AIR in 1989 in Chandigarh retired from Delhi in April this year.
December 1 is being observed as World AIDS Day :
- World AIDS Day, designated on 1 December every year is an international day dedicated to raising awareness of the AIDS pandemic caused by the spread of HIV infection and mourning those who have died of the disease.
- The theme for the World AIDS Day 2018 is “Know Your Status”.
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