Current Affairs Quiz - December, 2020

Notes:
The Central Government has decided to forego interest on eight specified categories of loans paid up to Rs two crore, on account of Covid-19 pandemic.
The Supreme Court of India has directed the government again to take steps to forego the interest in eight categories of loans, namely MSME, Education, Housing, Consumer durable, Credit card, Automobile, Personal and Consumption.

Notes:
The Indian Council for Medical Research (ICMR) has approved the Dry Swab RT-PCR for COVID-19 testing, which was developed by CSIR’s Centre for Cellular and Molecular Biology, Hyderabad.
In this simple and fast method, nasal swab is collected and transported in dry state, as against the using the viral transport medium used in conventional testing. It does not require RNA isolation from the sample.

Notes:
US based- Merriam-Webster, known for its dictionaries, has recently announced ‘pandemic’ as its 2020 word of the year.
As per the company, when the World Health Organisation declared the novel coronavirus outbreak a global pandemic on March 11, the searches on the site for ‘pandemic’ rose hugely. The word has roots in Latin and Greek. It is a combination of pan, meaning all, and demos, meaning people.

Notes:
Based on the shadow of the earth falling on the moon, the lunar eclipse is classified into three categories. Full, Partial or Penumbral Lunar Eclipse.
The Penumbral Lunar Eclipse occurs when the moon passes through the outer shadow of the earth. The last full moon occurring in November, before the winter solstice, is also called as the ‘Beaver moon’, named after Beavers, the rodents found in temperate regions.

Notes:
The Parliament of Iran has passed a bill, called as “The strategic measure for the removal of sanctions”.
It aims to uplift the country’s nuclear activities, following the assassination of Iranian nuclear physicist Mohsen Fakhrizadeh. The scientist, who died of gun men attack, was the head of the Iranian Defense Ministry’s innovation center.

Notes:
The insurance sector regulator – Insurance Regulatory and Development Authority of India (IRDAI) has accorded “in principle” approval for merger of Bharti AXA General Insurance with ICICI Lombard General Insurance Company.
On successful merger, the consolidated entity would have a market share of 8.7% in non-life business. Bharti Enterprises own 51% share in Bharti AXA General Insurance and the remaining 49% is owned by French insurer AXA.

Notes:
The Gross Domestic Product (GDP) of India has contracted by 7.5 % in the second quarter of the financial year 2020-21. The contraction in GDP is registered for the second consecutive quarter and hence India is said to have entered ‘Technical Recession’.
The real GDP in the first quarter of 2020-21 (April – June) registered a record low of 23.9% contraction.

Notes:
The France’s new security bill makes it an offence to show the face or identity of any Police Officer on duty with the aim of damaging the officer’s integrity. The offence would make the convict liable of one-year imprisonment.
This proposed amendment is protested by many people in France and is seen a curtail of press freedom. It is feared by many that this law would increase police brutality on civilians.

Notes:
The festival named Dev Deepawali is celebrated in Indian city. This is a festival of lights and is celebrated in the Poornima day of the Karthik Month of Hindu calendar.
This year’s celebration is attended by the Prime Minister of India Narendra Modi. During the event, 11 lakh earthern lamps were lit on both sides of river Ganga.

Notes:
BrahMos Aerospace is a joint venture company set up by Defence Research and Development Organisation (DRDO) and Mashinostroyenia of Russia.
Recently, Indian Navy test-fired the naval version of BrahMos missile in the Bay of Bengal. The missile was test-fired from a Rajput-class destroyer INS Ranvijay, hitting a decommissioned target ship. Earlier, the Indian Army and Air Force test-fired the missile.