Current Affairs Quiz - December, 2020

Notes:
China’s first domestically made nuclear reactor ‘Hualong One’, has started its operations, as per the China National Nuclear Corp (CNNC).
The third-generation pressurised water nuclear reactor has been connected to the national grid. The reactor can generate 10 billion kw-hours of electricity each year and cut carbon emissions by 8.16 million tons. This is expected to reduce China’s dependency in nuclear power from its western allies.

Notes:
The Union Government has launched “Mission COVID Suraksha” and has allotted a package of Rs.900 crore for the same. The grant by the central government would be given to Department of Biotechnology (DBT) for Research & Development of Indian COVID-19 vaccines.
The mission aims at development of approximately 5 or 6 COVID 19 vaccine candidates and ensure their faster availability to the public.

Notes:
The 4th Trilateral Meeting on Maritime Security Cooperation between India, Sri Lanka, and Maldives was hosted by Sri Lanka.
It was held in Colombo and India was represented by the National Security Advisor Ajit Doval. The earlier such meetings were held in Maldives (2011), Sri Lanka (2013) and in India (2014).

Notes:
Every year, November 27th is observed as Indian organ donation day by the Government of India. This year marks the 11th Organ Donation Day event.
Tamil Nadu received the ‘Best State award’ for organ donation, by the National Organ and Tissue Transplant Organisation of the Union Ministry of Health and Family Welfare. This is the sixth consecutive year of the state receiving the award.

Notes:
British Racing Driver and World Champion Lewis Hamilton has clinched the Formula One Bahrain Grand Prix title.
Another French driver Romain Grosjean survived a horrific collision with a barrier on the opening lap. With this victory, Lewis Hamilton has won his 95th Formula one title. This is also his 11th victory of the season.

Notes:
Avian Influenza, commonly called as the Bird flu, has been detected in a fourth region in Japan. This can be the country’s worst outbreak in over 4 years.
Avian influenza was discovered at a poultry farm in Hyuga city in Honshu island in southwestern Japan. However, the country announced that there is no possibility that humans will contract bird flu from eating poultry or eggs. It has also decided to cull over 1.8 million chickens.

Notes:
The Asian Development Bank (ADB) has approved a USD 430 million multi-tranche financing facility (MFF) to improve Power Distribution Network of Uttar Pradesh.
Named as the ‘Uttar Pradesh Power Distribution Network Rehabilitation Project’, it aims to improve the quality of electricity supply in the state. The project is estimated to benefit around 70 million people in 46,000 rural villages.

Notes:
Recently, the state Government of Jharkhand has accepted the Union Government’s alternative offer to meet the GST compensation shortfall for States. By this, all states and 3 UTs have joined the option 1.
To compensate the shortfall in GST, the central government has proposed two options – First, States can borrow ₹1.1 lakh crore out of the estimated ₹ 2.35 lakh crore shortfall or second, states could borrow the entire compensation shortfall through the issue of market debt.

Notes:
India’s national think-tank – NITI Aayog has released a draft paper titled “Guiding principles for the uniform national-level regulation of online fantasy sports platforms in India”.
As per the released report, online sports fantasy sector in India has a huge FDI potential of Rs.10,000 crore in the upcoming years and can generate 1.5 billion transactions by 2023.

Notes:
The Indian Navy and Russia Navy have engaged in a 2-day passage exercise – PASSEX. The exercise is carried out in East Indian Ocean Region (IOR).
The objective of the exercise is to enhance the interoperability between the two Navies and exchange the best Maritime practices between the two countries.