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 Asian Development Bank (ADB) and the Government of India has recently signed a USD132.8 million loan to modernize the distribution network and improve the quality of power supplied in Meghalaya.
This project supports the state government’s initiative “24×7 Power for All” initiative. This will also help the state reduce its high technical and commercial losses. Meghalaya has achieved 100 per cent electrification while there were incidents of frequent power interruptions.

Notes:
The World AIDS Day is observed every year on the 1st of December, since 1988. It is an international day dedicated to raise awareness about AIDS and to mourn for those who have lost life due to this pandemic.
The theme for this year’s AIDS Day is “Ending the HIV/AIDS Epidemic: Resilience and Impact”. There were 38 million people living with HIV infection, in the year 2019.

Notes:
China launched the ambitious ‘One Belt and One Road’ (OBOR) initiative in 2013, to link Southeast Asia, Central Asia, the Gulf region, Africa and Europe with a network of land and sea routes.
During the 19th meeting of the Council of Heads of Governments of the SCO, all other member nations of SCO, except India reaffirmed their support to the OBOR project of China. India is critical of the China Pakistan Economic Corridor (CPEC), a part of OBOR.

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:
The Senate of United States of America has passed a bill which envisages to remove the restrictions on number of employment related immigration visas from a particular country.
This bill has been passed unanimously by the Senate. This relaxed legislation is expected to benefit many Indian professionals in America.

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:
India Empowerment Fund is set to be launched by the IIT Alumni Council for investing a sum of Rs.50,000 crore in India’s research system.
The fund would be invested in a period of 10 years. The fund will be operated as IIT Angel Fund and would be regulated under Angel Investor Funds.

Notes:
In the year 2013, a nine-year-old named Ella Adoo Kissi-Debrah living in the UK, died after suffering from breathing difficulties and asthma.
Recently in 2019, the child’s family has sought for a legal inquest on the issue, to assess the level of air pollution in the city. If this campaign turns out successful, the United Kingdom will have the first foul death, a death occurring due to high air pollution.

Notes:
The historical fort cities of Gwalior and Orchha in Madhya Pradesh have been included in UNESCO’s World heritage cities list, under its Urban landscape city programme.
Gwalior was established in the 9th century and was ruled by Gurjar Pratihar Rajvansh, Tomar, Baghel Kachvaho and Scindias. Orchha is popular for temples and palaces. It was the capital of the Bundela kingdom in the 16th century.