Current Affairs Quiz - December, 2020

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:
West Bengal state government has recently launched a massive outreach programme named “Duare Sarkar” or “Government at your doorstep”.
Under the programme, people can avail the benefit of over 11 schemes of the state including Kanyashree, Khadya Sathi and Sikshashree. Chief Minister Mamata Banerjee had announced to set up ‘Duare Sarkar’ camps in the state for redressing grievances of people.

Notes:
The first ever SCO Online Exhibition on “Shared Buddhist Heritage” has been launched recently at the 19th Meeting of the SCO Council of Heads of Government. The meeting was held in New Delhi in a virtual mode.
This online exhibition has been developed by National Museum, New Delhi in association with the museums and cultural institutions of SCO member countries.

Notes:
The Union Minister for Tribal Affairs Arjun Munda has launched a virtual edition of the first ever Aadi Mahotsav celebrated in the state of Madhya Pradesh.
This is a festive being celebrated for 10 days. It would be hosted by Tribes India. The key focus on this year’s Aadi Mahotsav is “tribal craft and culture of Madhya Pradesh”.

Notes:
Facebook-backed Libra cryptocurrency has been renamed as “Deim” which means “Day” in Latin.
The Libra Association has made this decision in order to gain approval from regulators and to increase its publicity. The new Deim crypto currency is proposed to be launched in early 2021, which would be backed by USD.

Notes:
Recently, a NGR (negotiating group on rules) meeting on fisheries subsidies was organized by the World Trade Organization.
Indian Ambassador and Permanent Representative to the WTO has stated that member countries should cut down subsidies on unsustainable fishing which leads to the problem of over fishing. India also asked to reduce the role of dispute panels in fisheries management.

Notes:
The Parliament of Australia has recently passed a legislation that permits the country to block any agreement made between the country and a foreign government.
The legislation empowers foreign minister to veto any international agreement that are inconsistent with the foreign policy of Australia or is seen to affect Australia’s interest.

Notes:
The Supreme court on Thursday upheld that the Goods and Service Tax (GST) shall be imposed on the sale of lotteries, betting and gambling.
The Bench also highlighted that the GST Act, 2017 defines the goods to include ‘actionable claims’ and included only three categories of such claims namely lottery, betting and gambling, to levy GST. Actionable claim is the claim for a debt related to any benefit from unpossessed movable property and for which relief can be claimed in civil court.

Notes:
The Chairperson of HCL Technologies Roshni Nadar is listed to be wealthiest woman of India in the year 2020.
The list of 100 leading Wealthy Women in India has been recently released by Kotak Wealth Hurun. Out of the 100 women, 31 self-made women on the list. Biocon founder Kiran Mazumdar Shaw has been ranked second in the list.

Notes:
The Government of Denmark has made a land mark decision to phase out all its oil & gas exploration activities by the year 2025.
This decision has been seen as significant step by the nation to combat climate change. The country is presently is a major oil producer carrying out oil exploration in the North Sea.