Top GKToday’s News Headlines- 12 December 2019

Here are the top News Headlines of 12 December 2019 for all competitive examinations of India.

National Current Affairs

  • ISRO launches PSLV-C48 carrying 628-kg earth observation satellite RISAT-2BR1 along with 9 other customer satellites from Sriharikota (AP)
  • Culture Ministry launches portal ‘indianculture.gov.in’ developed by IIT-Bombay
  • Nagaland extends the Inner Line Permit (ILP) regime to Dimapur district; all districts under ILP now
  • Manipur would be brought under the Inner Line Permit (ILP) system: Home Minister Amit Shah

CITIZENSHIP (AMENDMENT) BILL, 2019

  • Parliament passes the Citizenship (Amendment) Bill 2019
  • Was passed by Lok Sabha on December 10 and Rajya Sabha on December 11
  • The Bill seeks to provide Indian citizenship to Hindu, Sikh, Buddhist, Jain, Parsi and Christian refugees coming from Pakistan, Bangladesh and Afghanistan after facing religious persecution there.
  • Those who have migrated to India before December 31, 2014 are eligible.
  • The Bill shall not apply to: 1. Tribal areas of Assam, Meghalaya, Mizoram and Tripura 2. States that are protected by the Inner Line Permit (ILP) — Arunachal Pradesh, Mizoram and Nagaland

Economy & Business Current Affairs

  • ADB cuts India’s GDP growth forecast to 5.1% for FY2019 from 6.5% made in September; forecast for FY2020 cut to 6.5% from 7.2%
  • Cabinet clears amendments to the Insolvency and Bankruptcy Code (IBC); objective is to remove difficulties being faced during insolvency resolution process
  • Cabinet approves ‘Partial Credit Guarantee Scheme’ for purchase of high-rated pooled assets from financially sound NBFCs/HFCs by PSBs
  • Lok Sabha passes bill to set up a unified regulatory authority for all international financial services centres (IFSCs) in India
  • Cabinet authorises NHAI to set up infrastructure investment trust, monetise NH projects having toll collection track record of at least one year
  • Cabinet approves hike in authorised capital of India Infrastructure Finance Company Limited (IIFCL) from Rs 6,000 crore to Rs 25,000 crore
  • ICAR organising ‘International Seminar on Climate Smart Farming Systems’ for BIMSTEC countries in Delhi on Dec 11-13
  • SBI under-reported its non-performing assets (NPAs) for 2018-19 by Rs 11,932 crore: RBI auditors

International Current Affairs

  • 16-year old Swedish climate activist Greta Thunberg declared TIME’s 2019 Person of the Year
  • Others honoured by TIME: US Women’s Soccer Team: Athlete of the Year, the US Public Servants: Guardians of the Year, singer Lizzo: Entertainer of the Year’ and Disney CEO Bob Iger: Business Person of the Year
  • International Mountain Day observed on December 11; theme: ‘Mountains Matter for Youth’
  • At least 250 journalists jailed around the world; highest in China: US-based Committee to Protect Journalists

Sports Current Affairs

  • Sports Ministry announces cash awards to South Asian Games medallists; Rs. 1.5 lakh for gold, Rs. 1 lakh for silver and Rs. 50,000 for bronze
  • India’s Vikram Malhotra wins Life Time Betty Griffin Memorial squash tournament in Boca Raton (US)

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