Current Affairs Quiz - December, 2020

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 Petrodava Dacian Fortress is the oldest historical monument located in Piatra Neamt city, Romania. The fort was built around 82 BC and AD 106 by the Dacian people in ancient Europe.
Days after the first mysterious metal monolith disappeared in a remote, uninhabited desert in Utah, USA, a second similar structure has been spotted in Romania, a few metres away from the fortress. The monolith which disappeared and appeared again was a triangular, shiny pillar.

Notes:
Dubbed as the “world’s loneliest elephant”, the 36-year-old bull elephant at Islamabad zoo has been shifted to a Cambodian sanctuary.
This step is taken after years of outcry of public and activists and recent campaigning by American pop star Cher. Kaavan is the only Asian elephant in Pakistan, where the elephants at other zoos are African. Kaavan’s mate Saheli, who arrived from Sri Lanka, died in the year 2012.

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 Interior Ministry of Germany has recently banned the far-right group named “Wolf Brigade 44”, which openly pledged loyalty to Nazi leader Adolf Hitler.
The Government also banned the symbols of the group including a skull with two grenades marked with the number 44. In Nazi code, the number 44 was an abbreviation for the so-called “Division Dirlewanger”.

Notes:
The cyclone name “Burevi” was suggested by Maldives. The second cyclone approaching India from Bay of Bengal has been named as “Burevi” as per the guidelines of World Meteorological Organisation (WMO).
The storm commenced its course from South West Bay of Bengal and it is the fifth tropical cyclone system that has developed in the Norther Indian Ocean, this year.

Notes:
India and the United States attended the inaugural meeting of the Counter-narcotics Working Group (CNWG), in virtual mode.
Indian delegation was represented by the Deputy Director General of Narcotics Control Board, Ministry of Home Affairs. The two countries also agreed to improve their data sharing operations to fight the production, distribution, and export/import of drugs and related chemicals.

Notes:
The Chardham highway project is a 900-km strategic projects, which aims to provide all-weather connectivity to four holy towns in the state of Uttarakhand- Kedarnath, Badrinath, Gangotri and Yamunotri.
Recently, the Supreme Court has asked the committee monitoring the Chardham highway project, to consider the Defence Ministry’s application to widen three highways in the Indo-China Border up to 7 metres.

Notes:
The International Day of Persons with Disability is observed on 3rd December of every year.
The theme for this year is “Building back better: towards an inclusive, accessible and sustainable post COVID-19 world by, for and with persons with disabilities”. UNESCO is organizing a global awareness camp named “Tell our stories, enable our rights” on this occasion.

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.