Current Affairs Quiz - December, 2020

Notes:
‘Day of Remembrance for all Victims of Chemical Warfare’ is observed on November 30 every year, across the world.
United Nations observes the day to pay tribute to millions of lives lost round the globe in the wake of chemical warfare. ‘Organisation for the Prohibition of Chemical Weapons’ (OPCW) is the implementing body for Chemical Weapons Convention. It is headquartered at the Hague, Netherlands.

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:
Small Industries Development Bank of India (SIDBI) has recently launched an asset restructuring web module for the Micro Small and Medium Enterprises (MSME).
The module named ARM-MSME would assist MSMEs to get benefitted from RBI’s MSME restructuring guideline. MSMEs will be able to prepare restructuring proposals by inputting only the most essential data. This service is being offered by SIDBI at no cost to the MSMEs.

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:
The Government of Singapore has allowed a US-based start up to sell lab grown chicken meat in the country.
The meat is generated from animal tissues in laboratories. This is the world’s first regulatory approval for lab-grown meat also called as cultured meat. Its production cost is higher compared to the original meat.

Notes:
‘737 MAX’ is the best-selling airliner of US-based leading multi-national aerospace company Boeing. It was grounded in March 2019 after two crashes in five months killing a total of 346 people.
The redesigned version of the ‘737 MAX’ airliner has recently staged its first post-grounding flight with media on board. It made a 45-minute flight from Texas to Oklahoma in the US. The flight’s first commercial passenger flight is scheduled in the month-end of December.

Notes:
Indian Gas Exchange (IGX) was launched in 2020 as India’s first automated national-level trading platform for physical delivery of natural gas.
IGX is a wholly-owned subsidiary of the Indian Energy Exchange (IEX). Recently, IGX obtained all necessary approvals as per the provisions of the Petroleum and Natural Gas Regulatory Board (Gas Exchange) Regulations, 2020. It becomes the first regulated Gas Exchange of the country.

Notes:
During the India-Oman virtual dialogue recently held, Oman announced to establish first-of-its-kind Oman-India Friendship Association.
This is the first such initiative in West Asia led by the Foreign Ministry. In December 2019, India and Oman signed a Maritime Transport Agreement during the visit of Foreign Minister Jaishankar to the country.

Notes:
The Union Government has announced the post of a Deputy Chief of the Army Staff, or DCOAS, (Strategy), to bring about structural reforms in the army.
The proposal for creating this post was initiated before two years. The DCOAS would oversee the work of the Director General of Military Operations (DGMO) and the Director General Military Intelligence (DGMI), who would otherwise report to the Vice Chief f Army Staff.

Notes:
One of the two lesser florican birds that was tagged by the Gujarat forest department has flown all the way to the state of Telangana.
The bird was tagged at the Blackbuck National Park (BBNP), Velavadar, in Bhavnagar. This has confirmed a research finding that lesser florican birds migrate to peninsular India from the western part of India after their breeding season.