Current Affairs Quiz - December, 2020

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:
Russia has successfully test fired a ‘Tsirkon’ hypersonic cruise missile in the Arctic Region recently. The missile was fired from a frigate war ship named Admiral Gorshkov.
The missile was fired from the white sea on to a naval target located 450 km away in the Barents Sea. The missile cruised at a speed of over Mach 8 and brought down the target.

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:
As per the US Air Quality Index released recently, Lahore is named the most polluted city in the world, followed by Delhi and Kathmandu.
Lahore, the cultural capital of Pakistan, has reported a particulate matter (PM) rating of 423. The The United States Environmental Protection Agency registers air quality as ‘satisfactory’ if the AQI is under 50.

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:
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman delivered a Keynote Address at the 20th Edition of Sri Lanka Economic Summit (SLES) 2020 in virtual format.
SLES is annually organized by the Ceylon Chamber of Commerce (CCC). The theme for this year’s event is “Roadmap for Take-off: Driving a People –Centric Economic Revival”.

Notes:
CLMV countries are Cambodia, Laos, Myanmar and Vietnam. They are also the members of the Association of South East Nations (ASEAN).
During the Inaugural Session of the 6th India – CLMV Business Conclave 2020, India invited the CLMV countries to join the International Solar Alliance and the Resilient Supply Chain Initiative by India.

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:
The Union Ministry of Information and Broadcasting has recently issued an advisory to all the private satellite channels to ensure that no advertisements that promote prohibited activities are telecasted.
The advisory mentioned that advertisements on online gaming, betting and fantasy sports were misleading and are inconsistent with the Ministry’s Advertising Code.

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.